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
LAKE CHARITABLE
 
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

90-0244306
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)$4,139,271J 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... 115,703 114,211  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 777,649
b Gross sales price for all assets on line 6a 1,790,241
7 Capital gain net income (from Part IV, line 2)... 777,649
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).......      
12 Total. Add lines 1 through 11........ 893,352 891,860  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 53,035 39,776   13,259
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,341 0 0 1,341
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
16,883 2,483   14,400
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
9,859 1,294   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).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 81,118 43,553 0 29,000
25 Contributions, gifts, grants paid....... 160,000 160,000
26 Total expenses and disbursements. Add lines 24 and 25 ................ 241,118 43,553 0 189,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 652,234
b Net investment income (if negative, enter -0-) 848,307
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............. 5,041    
2 Savings and temporary cash investments......... 134,783 226,696 226,696
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)....... 402,883 Click to see attachment
List of Attached Documents:
// Content
931,196 		1,632,710
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,105,045 Click to see attachment
List of Attached Documents:
// Content
2,141,231 		2,279,865
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) 2,647,752 3,299,123 4,139,271
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........ 2,647,752 3,299,123
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)..... 2,647,752 3,299,123
30 Total liabilities and net assets/fund balances (see instructions). 2,647,752 3,299,123
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
2,647,752
2
Enter amount from Part I, line 27a .....................
2
652,234
3
Other increases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
3
4,019
4
Add lines 1, 2, and 3 ..........................
4
3,304,005
5
Decreases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
5
4,882
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
3,299,123
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 4. BOOKING HOLDINGS INC   2013-01-10 2025-03-03
b 20. CORPAY INC     2025-03-03
c 202. FORTUNE BRANDS INNOVATIONS INC   2013-02-27 2025-03-03
d 41. MORGAN STANLEY     2025-03-03
e 37. ACCENTURE PLC   2012-03-08 2025-03-03
76. APPLE INC   2010-10-25 2025-03-20
5919. BAIRD AGGREGATE BOND FUND-INST 72   2024-01-11 2025-03-20
18. COSTCO WHOLESALE CORP   2022-06-21 2025-03-20
1252. EMBARK COMMODITY STRAT-RTR   2024-09-10 2025-03-20
11. INTERCONTINENTAL EXCHANGE INC   2012-03-08 2025-03-20
57. ISHARES CORE MSCI EMERGING ETF   2024-09-10 2025-03-20
3630. PIMCO TOTAL RET FD-INST #35   2023-02-06 2025-03-20
575. PIMCO COMMODITY REAL RET STRAT-I45   2023-02-03 2025-03-20
2528.559 T ROWE PR OVERSEAS STOCK-I #521   2024-09-10 2025-03-20
356.441 T ROWE PR OVERSEAS STOCK-I #521   2024-01-17 2025-03-20
7. S&P GLOBAL INC   2015-01-06 2025-03-20
67. CONSTELLATION BRANDS INC   2015-01-06 2025-05-30
48. CORPAY INC   2020-06-29 2025-05-30
206. COSTAR GROUP, INC     2025-05-30
271. DEXCOM INC     2025-05-30
105. NEUROCRINE BIOSCIENCES INC COM   2024-03-27 2025-05-30
99. OKTA INC     2025-05-30
127. OKTA INC     2025-05-30
30. POOL CORPORATION   2018-05-09 2025-05-30
166. TRADE DESK INC/THE     2025-05-30
290. TRACTOR SUPPLY CO COM   2013-01-10 2025-05-30
218. TRIMBLE NAV LTD   2020-06-05 2025-05-30
39. ULTA BEAUTY INC   2018-04-04 2025-05-30
18. XPO INC   2025-03-20 2025-05-30
137. XPO INC     2025-05-30
23. ECOLAB INC   2014-07-01 2025-12-11
42. ALIGN TECHNOLOGY INC   2024-12-19 2025-12-12
39. ALIGN TECHNOLOGY INC     2025-12-12
262. ALPHABET INC CL C     2025-12-12
53. AMAZON COM INC COM   2025-03-20 2025-12-12
98. AMAZON COM INC COM   2012-11-06 2025-12-12
25. ARISTA NETWORKS INC   2025-03-20 2025-12-12
324. ARISTA NETWORKS INC   2020-06-29 2025-12-12
13468. BAIRD AGGREGATE BOND FUND-INST 72   2024-01-11 2025-12-12
296. BOSTON SCIENTIFIC CORP COM   2015-04-15 2025-12-12
45. BROADCOM INC   2018-07-13 2025-12-12
36. CADENCE DESIGN SYSTEMS INC   2025-03-03 2025-12-12
54. CADENCE DESIGN SYSTEMS INC   2023-02-21 2025-12-12
69. CANADIAN PACIFIC KANSAS CITY L     2025-12-12
208. CANADIAN PACIFIC KANSAS CITY L   2019-10-31 2025-12-12
71. CHIPOTLE MEXICAN GRILL INC   2025-03-20 2025-12-12
405. CHIPOTLE MEXICAN GRILL INC   2020-03-06 2025-12-12
66. DANAHER CORP   2012-03-08 2025-12-12
36. DATADOG INC   2025-03-20 2025-12-12
163. DATADOG INC   2024-03-27 2025-12-12
35. META PLATFORMS INC   2013-12-10 2025-12-12
3304. EMBARK COMMODITY STRAT-RTR   2024-09-10 2025-12-12
596.752 EMBARK SMALL CAP EQUITY-RTR   2025-03-20 2025-12-12
10696.946 EMBARK SMALL CAP EQUITY-RTR   2024-09-10 2025-12-12
112. INTERCONTINENTAL EXCHANGE INC   2012-03-08 2025-12-12
6. INTUITIVE SURGICAL INC   2025-03-20 2025-12-12
44. INTUITIVE SURGICAL INC   2022-08-09 2025-12-12
18. MICROSOFT CORP   2025-03-20 2025-12-12
17. MICROSOFT CORP   2001-09-17 2025-12-12
114. MORGAN STANLEY   2020-06-05 2025-12-12
30. NETFLIX.COM INC   2025-03-20 2025-12-12
96. NETFLIX.COM INC   2017-06-05 2025-12-12
175. NVIDIA CORP     2025-12-12
992. NVIDIA CORP     2025-12-12
128. PALO ALTO NETWORKS INC   2016-02-05 2025-12-12
5240.104 PIMCO COMMODITY REAL RET STRAT-I45     2025-12-12
5388.771 T ROWE PR OVERSEAS STOCK-I #521   2024-01-17 2025-12-12
35. S&P GLOBAL INC   2015-01-06 2025-12-12
3. SERVICENOW INC   2025-03-20 2025-12-12
26. SERVICENOW INC   2020-03-11 2025-12-12
723. TOUCHSTONE MID CAP-R6 #355   2024-09-10 2025-12-12
3. TRANSDIGM GROUP INC   2025-03-03 2025-12-12
14. TRANSDIGM GROUP INC   2016-02-05 2025-12-12
12. UNITEDHEALTH GROUP INC   2025-03-20 2025-12-12
39. UNITEDHEALTH GROUP INC   2024-06-27 2025-12-12
47. VERTEX PHARMACEUTICALS INC COM   2018-04-04 2025-12-12
42. VERTIV HOLDINGS LLC   2025-03-03 2025-12-12
149. VERTIV HOLDINGS LLC   2024-08-06 2025-12-12
47. VISA INC-CLASS A SHRS   2014-05-08 2025-12-12
CAPITAL GAIN DIVIDENDS P    
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CAPITAL GAIN DIVIDENDS P    
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(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 20,049   2,607 17,442
b 7,401   5,044 2,357
c 13,121   6,124 6,997
d 5,471   2,081 3,390
e 12,860   2,232 10,628
16,254   841 15,413
58,361   58,057 304
16,217   8,273 7,944
13,672   12,357 1,315
1,904   306 1,598
3,146   3,010 136
31,545   31,115 430
8,205   8,073 132
34,793   33,732 1,061
4,905   4,281 624
3,465   602 2,863
11,923   6,754 5,169
15,653   11,782 3,871
14,995   17,373 -2,378
23,257   9,543 13,714
12,933   14,477 -1,544
10,186   10,102 84
13,066   17,757 -4,691
9,012   4,403 4,609
12,309   11,566 743
14,055   2,696 11,359
15,498   9,819 5,679
18,332   8,056 10,276
2,052   1,975 77
15,617   3,392 12,225
5,981   2,576 3,405
6,956   9,071 -2,115
6,459   2,962 3,497
81,486   4,932 76,554
12,028   10,229 1,799
22,241   1,158 21,083
3,134   2,074 1,060
40,613   4,171 36,442
133,872   132,099 1,773
27,258   5,349 21,909
16,136   914 15,222
11,684   9,013 2,671
17,527   10,395 7,132
5,188   5,073 115
15,638   9,442 6,196
2,574   3,445 -871
14,685   5,731 8,954
15,013   2,353 12,660
5,273   3,744 1,529
23,877   20,202 3,675
22,602   1,766 20,836
38,359   32,610 5,749
6,737   5,968 769
120,769   110,606 10,163
18,306   3,120 15,186
3,250   2,945 305
23,831   10,457 13,374
8,613   6,935 1,678
8,134   465 7,669
20,323   5,702 14,621
2,871   2,850 21
9,188   1,584 7,604
30,856   20,623 10,233
174,909   6,852 168,057
24,539   2,719 21,820
76,977   72,748 4,229
85,681   64,721 20,960
17,527   3,011 14,516
2,583   2,482 101
22,390   7,423 14,967
42,122   39,881 2,241
3,902   3,862 40
18,208   840 17,368
4,091   6,063 -1,972
13,294   18,979 -5,685
21,171   7,590 13,581
6,833   3,720 3,113
24,241   10,235 14,006
16,363   2,472 13,891
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
      13,691
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       17,442
b       2,357
c       6,997
d       3,390
e       10,628
      15,413
      304
      7,944
      1,315
      1,598
      136
      430
      132
      1,061
      624
      2,863
      5,169
      3,871
      -2,378
      13,714
      -1,544
      84
      -4,691
      4,609
      743
      11,359
      5,679
      10,276
      77
      12,225
      3,405
      -2,115
      3,497
      76,554
      1,799
      21,083
      1,060
      36,442
      1,773
      21,909
      15,222
      2,671
      7,132
      115
      6,196
      -871
      8,954
      12,660
      1,529
      3,675
      20,836
      5,749
      769
      10,163
      15,186
      305
      13,374
      1,678
      7,669
      14,621
      21
      7,604
      10,233
      168,057
      21,820
      4,229
      20,960
      14,516
      101
      14,967
      2,241
      40
      17,368
      -1,972
      -5,685
      13,581
      3,113
      14,006
      13,891
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 777,649
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 11,791
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 11,791
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 11,791
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 6,348
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 6,348
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 5,443
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)
CT
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2025 or the taxable year beginning in 2025? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressN/A
14
The books are in care ofWELLS FARGO BANK NA Telephone no. (800) 352-3705

Located at100 N MAIN ST FL 5D4001-052WINSTON SALEMNC 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)
Yes
 
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
No
c
Organizations relying on a current notice regarding disaster assistance check .........
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
WELLS FARGO BANK N A TRUSTEE
1 		53,035    
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
3,790,104
b
Average of monthly cash balances.......................
1b
155,305
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
3,945,409
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
3,945,409
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
59,181
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
3,886,228
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
194,311
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
194,311
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
11,791
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
11,791
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
182,520
4
Recoveries of amounts treated as qualifying distributions................
4
4,019
5
Add lines 3 and 4............................
5
186,539
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
186,539
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
189,000
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
189,000
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 7 186,539
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 156,103
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2025:
a From 2020...... 0
b From 2021...... 0
c From 2022...... 0
d From 2023...... 0
e From 2024...... 0
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2025 from Part
XI, line 4: $ 189,000
a Applied to 2024, but not more than line 2a 156,103
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..... 32,897
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 .......... 		153,642
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 e-mail address of the person to whom applications should be addressed:
CATHERINE BASSO
43 CLAPBOARD RIDGE ROAD
DANBURY,CT06811
(203) 797-4808
bThe form in which applications should be submitted and information and materials they should include:
SCHOLARSHIP APPLICATION FORM
cAny submission deadlines:
MAY 1
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
$8000 ANNUALLY TO A GRADUATING STUDENT FROM DANBURY HIGH SCHOOL WHO WILL ATTEND AN ACCREDITED 4-YEAR COLLEGE.
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

UNIVERSITY OF CONNECTICUT
FBO ANA CLARA ALMEIDA
233 GLENBROOK RD UNIT 4100
STORRS,CT06269 		NONE   SCHOLARSHIP 10,000

NEW YORK UNIVERSITY
FBO ARION ARCHIBALD
50 W 4TH ST
NEW YORK,NY10012 		NONE   SCHOLARSHIP 12,000

UNIVERSITY OF CONNECTICUT
FBO BRIANNA BENENAULA
233 GLENBROOK RD UNIT 4100
STORRS,CT06269 		NONE   SCHOLARSHIP 10,000

CARNEGIE MELLON UNIVERSITY
FBO CHRISTOPHER BORGES
5000 FORBES AVE
PITTSBURGH,PA15213 		NONE   SCHOLARSHIP 10,000

NORTH CAROLINA STATE UNIVERSITY
FBO VICTORIA CALDERSON
2610 CATES AVE
RALEIGH,NC27695 		NONE   SCHOLARSHIP 10,000

MANHATTAN UNIVERSITY
FBO LUCAS CALIFANO
4513 MANHATTAN COLLEGE PKWY
BRONX,NY10471 		NONE   SCHOLARSHIP 8,000

TEMPLE UNIVERSITY
FBO SHARAI GUERRA
1801 N BROAD ST
PHILADELPHIA,PA19122 		NONE   SCHOLARSHIP 10,000

NORTHEASTERN UNIVERSITY
FBO DALILAH LLIGUICOTA
360 HUNTINGTON AVE
BOSTON,MA02115 		NONE   SCHOLARSHIP 12,000

EMBRY RIDDLE AERONAUTICAL UNIVERSITY
FBO MILES MACKLIN
1 AEROSPACE BLVD
DAYTONA BEACH,FL32114 		NONE   SCHOLARSHIP 12,000

AMERICAN UNIVERSITY
FBO LEILANI MORALES
4400 MASSACHUSETTS AVE NW
WASHINGTON,DC20016 		NONE   SCHOLARSHIP 10,000

UNIVERSITY OF CONNECTICUT
FBO MELISSA NEPEMAN
233 GLENBROOK RD UNIT 4100
STORRS,CT06269 		NONE   SCHOLARSHIP 10,000

SACRED HEART UNIVERSITY
FBO OLIVIA SALKA
5151 PARK AVE
FAIRFIELD,CT06825 		NONE   SCHOLARSHIP 10,000

CLEMSON UNIVERSITY
FBO ANNA STRATIDIS
105 SIKES HALL
CLEMSON,SC29634 		NONE   SCHOLARSHIP 8,000

WESTERN CONNECTICUT STATE UNIVERSITY
FBO ALICIA TINTIN
181 WHITE ST
DANBURY,CT06810 		NONE   SCHOLARSHIP 8,000

HOWARD UNIVERSITY
FBO KHALIL TOLLIVER- VAN WRIGHT
2400 6TH ST NW
WASHINGTON,DC20059 		NONE   SCHOLARSHIP 12,000

MARIST UNIVERSITY
FBO OWEN TOMASIK
3399 NORTH RD
POUGHKEEPSIE,NY12601 		NONE   SCHOLARSHIP 8,000
Total ................................. 3a 160,000
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 ....     14 115,703  
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 ............ 		    18 777,649  
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) ..   893,352  
13Total. Add line 12, columns (b), (d), and (e)..................
13
893,352
(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:
LAKE CHARITABLE
EIN:
90-0244306
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC 1,341     1,341

TY 2025 InvestmentsCorpStockSchedule
Name:
LAKE CHARITABLE
EIN:
90-0244306
Name of Stock End of Year Book Value End of Year Fair Market Value
023135106 AMAZON COM INC COM 4,040 78,940
45866F104 INTERCONTINENTAL EXC    
235851102 DANAHER CORP    
92826C839 VISA INC-CLASS A SHR 4,629 30,862
81762P102 SERVICENOW INC    
016255101 ALIGN TECHNOLOGY INC    
697435105 PALO ALTO NETWORKS I    
101137107 BOSTON SCIENTIFIC CO    
11135F101 BROADCOM INC 4,552 77,526
037833100 APPLE INC 5,652 138,920
G1151C101 ACCENTURE PLC    
79466L302 SALESFORCE INC 5,588 20,928
78409V104 S&P GLOBAL INC    
92532F100 VERTEX PHARMACEUTICA    
532457108 ELI LILLY & CO COM 12,422 47,286
21036P108 CONSTELLATION BRANDS    
34964C106 FORTUNE BRANDS INNOV    
893641100 TRANSDIGM GROUP INC    
892356106 TRACTOR SUPPLY CO CO    
252131107 DEXCOM INC    
64110L106 NETFLIX INC 3,366 19,127
983793100 XPO INC    
67066G104 NVIDIA CORP 813 40,284
169656105 CHIPOTLE MEXICAN GRI    
617446448 MORGAN STANLEY    
09857L108 BOOKING HOLDINGS INC    
278865100 ECOLAB INC 5,825 13,651
594918104 MICROSOFT CORP 7,825 138,315
896239100 TRIMBLE INC    
73278L105 POOL CORPORATION    
90384S303 ULTA BEAUTY INC    
30303M102 META PLATFORMS INC 4,541 59,408
02079K107 ALPHABET INC CL C 5,604 95,395
679295105 OKTA INC    
46120E602 INTUITIVE SURGICAL I    
22160K105 COSTCO WHOLESALE COR    
127387108 CADENCE DESIGN SYSTE    
13646K108 CANADIAN PACIFIC KAN    
88339J105 TRADE DESK INC/THE    
00724F101 ADOBE INC 19,525 15,400
032654105 ANALOG DEVICES INC 18,001 21,967
040413205 ARISTA NETWORKS INC    
219948106 CORPAY INC    
22160N109 COSTAR GROUP, INC    
23804L103 DATADOG INC    
64125C109 NEUROCRINE BIOSCIENC    
91324P102 UNITEDHEALTH GROUP I    
92537N108 VERTIV HOLDINGS LLC    
002824100 ABBOTT LABS 20,121 20,172
00287Y109 ABBVIE INC 27,972 28,790
007903107 ADVANCED MICRO DEVIC 25,211 25,485
084670702 BERKSHIRE HATHAWAY I 17,933 18,095
09260D107 BLACKSTONE INC 25,387 26,050
09290D101 BLACKROCK INC 25,034 24,618
097023105 BOEING CO 33,672 35,608
172967424 CITIGROUP INC. 36,299 37,924
43300A203 HILTON WORLDWIDE HOL 25,520 26,140
437076102 HOME DEPOT INC 20,068 19,270
46625H100 JPMORGAN CHASE & CO 50,828 51,555
49338L103 KEYSIGHT TECHNOLOGIE 21,802 21,132
512807306 LAM RESH CORP 32,978 35,092
56501R106 MANULIFE FINANCIAL C 23,888 24,416
571748102 MARSH & MCLENNAN COS 21,175 21,149
580135101 MCDONALDS CORP 24,721 23,839
609207105 MONDELEZ INTERNATION 12,563 12,489
620076307 MOTOROLA SOLUTIONS, 21,878 22,999
75513E101 RTX CORP 32,387 33,379
7591EP100 REGIONS FINL CORP NE 16,790 16,504
855244109 STARBUCKS CORP COM 13,888 13,642
867224107 SUNCOR ENERGY INC NE 33,389 33,403
883556102 THERMO FISHER SCIENT 25,216 25,496
90353T100 UBER TECHNOLOGIES IN 23,907 24,922
904767803 UNILEVER PLC ADR 15,694 15,827
907818108 UNION PACIFIC CORP 20,135 19,431
931142103 WALMART INC 18,555 17,714
94106L109 WASTE MANAGEMENT INC 22,214 22,630
98419M100 XYLEM INC/NY 22,643 22,470
F92124100 TOTALENERGIES SE 31,930 31,729
G29183103 EATON CORP PLC 22,404 21,340
G87052109 TE CONNECTIVITY PLC 21,108 20,703
H2906T109 GARMIN LTD 15,443 15,011
N07059210 ASML HOLDING NV-NY R 26,060 25,677

TY 2025 InvestmentsOtherSchedule2
Name:
LAKE CHARITABLE
EIN:
90-0244306
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
46432F842 ISHARES CORE MSCI EA AT COST 214,985 241,184
31641Q755 FIDELITY NEW MRKTS I AT COST 82,641 78,621
722005667 PIMCO COMMODITY REAL      
872365713 TCW EMRG MRKTS INC-P AT COST 163,445 162,206
057071854 BAIRD AGGREGATE BOND AT COST 239,238 242,932
693390700 PIMCO TOTAL RET FD-I AT COST 154,773 162,660
74440Y884 PGIM HIGH YIELD-Q 10 AT COST 117,002 121,848
89155T490 TOUCHSTONE MID CAP-R AT COST 90,949 118,316
922908629 VANGUARD MIDCAP VIPE AT COST 162,762 198,220
38147N269 GLDMN SCHS GQG PRT I AT COST 107,906 117,654
41152J108 EMBARK COMMODITY STR AT COST 102,510 108,015
41152J306 EMBARK SMALL CAP EQU      
46434G103 ISHARES CORE MSCI EM AT COST 175,139 201,794
56063N881 NYLI MACKAY HIGH YIL AT COST 163,294 162,443
74256W584 PRINCIPAL MIDCAP FUN AT COST 122,921 120,306
77956H435 T ROWE PR OVERSEAS S      
4812C0100 JP MORGAN CORE BOND- AT COST 243,666 243,666

TY 2025 OtherDecreasesSchedule
Name:
LAKE CHARITABLE
EIN:
90-0244306
Description Amount
MUTUAL FUND TIMING ADJ 941
ROC ON CY SALES 1,321
PY RETURN OF CAPITAL ADJUSTMENT 2,133
TAX LOT BASIS ADJUSTMENT 487


TY 2025 OtherIncreasesSchedule
Name:
LAKE CHARITABLE
EIN:
90-0244306
Description Amount
RECOVERY OF GRANTS PAID 4,019


TY 2025 OtherProfessionalFeesSchedule
Name:
LAKE CHARITABLE
EIN:
90-0244306
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMNT MNGMNT FEES (NON-DED 2,483 2,483    
SCHOLARSHIP ADMIN FEES 14,400     14,400


TY 2025 TaxesSchedule
Name:
LAKE CHARITABLE
EIN:
90-0244306
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 813 813   0
FEDERAL TAX PAYMENT - PRIOR YE 2,217 0   0
FEDERAL ESTIMATES - PRINCIPAL 6,348 0   0
FOREIGN TAXES ON NONQUALIFIED 481 481   0