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
SAMSON MEMORIAL TRUST
 
Number and street (or P.O. box number if mail is not delivered to street address) PO BOX 64193
  Room/suite
City or town
EAGAN
State or province
MN
Country  
ZIP or foreign postal code
55164
A Employer identification number

77-6191072
B Telephone number (see instructions)

8882657962
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)$18,304,103J 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... 438,543 424,194  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 3,022,661
b Gross sales price for all assets on line 6a 10,786,920
7 Capital gain net income (from Part IV, line 2)... 3,022,661
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........ 3,461,204 3,446,855  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 122,103 109,892   12,210
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
800 0 0 800
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
13,548 10,024   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.......... 136,451 119,916 0 13,010
25 Contributions, gifts, grants paid....... 747,076 747,076
26 Total expenses and disbursements. Add lines 24 and 25 ................ 883,527 119,916 0 760,086
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,577,677
b Net investment income (if negative, enter -0-) 3,326,939
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.............      
2 Savings and temporary cash investments......... 103,261 179,992 179,992
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)....... 5,171,998 Click to see attachment
List of Attached Documents:
// Content
5,937,457 		8,904,140
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).......... 6,668,964 Click to see attachment
List of Attached Documents:
// Content
8,399,501 		9,208,102
14 Land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
15 Other assets (describe ) Click to see attachment
List of Attached Documents:
// Content
8,900 		Click to see attachment
List of Attached Documents:
// Content
11,869 		Click to see attachment
List of Attached Documents:
// Content
11,869
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 11,953,123 14,528,819 18,304,103
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........ 11,953,123 14,528,819
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)..... 11,953,123 14,528,819
30 Total liabilities and net assets/fund balances (see instructions). 11,953,123 14,528,819
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
11,953,123
2
Enter amount from Part I, line 27a .....................
2
2,577,677
3
Other increases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
3
3
4
Add lines 1, 2, and 3 ..........................
4
14,530,803
5
Decreases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
5
1,984
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
14,528,819
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 1016. ALPHABET INC CL A     2025-03-05
b 144. AMAZON.COM INC     2025-03-05
c 1039. AMERICAN INTERNATIONAL GROUP   2021-05-20 2025-03-05
d 4. AMERICAN TOWER CORP   2021-05-20 2025-03-05
e 326. AMGEN INC     2025-03-05
585. ANALOG DEVICES INC   2021-05-20 2025-03-05
243. ELEVANCE HEALTH INC   2021-05-20 2025-03-05
586. APPLE COMPUTER INC   2021-05-20 2025-03-05
1142. APPLIED MATERIALS INC   2021-05-20 2025-03-05
479.767 ARTISAN HIGH INCOME FUND   2024-07-05 2025-03-05
33159.229 BAIRD AGGREGATE BOND FD INSTL   2024-07-05 2025-03-05
521. BERKSHIRE HATHAWAY INC CL B   2021-05-20 2025-03-05
1987. BOSTON SCIENTIFIC CORP   2021-05-20 2025-03-05
1290. C M S ENERGY CORP   2021-05-20 2025-03-05
226. CHEVRONTEXACO CORP   2021-05-20 2025-03-05
2945. CISCO SYSTEMS INC   2021-05-20 2025-03-05
885. CITIGROUP INC   2020-11-23 2025-03-05
2008. COCA COLA COMPANY     2025-03-05
1708. COMCAST CORP CLASS A   2021-05-20 2025-03-05
271. CONSTELLATION BRANDS INC A   2020-11-23 2025-03-05
68. COSTCO WHSL CORP NEW COMMON STOCK   2020-11-23 2025-03-05
16705.601 DFA LARGE CAP INTL PORT.     2025-03-05
629. WALT DISNEY CO   2002-08-27 2025-03-05
948. E O G RES INC   2021-05-20 2025-03-05
289. ECOLAB INC   2021-05-20 2025-03-05
500. ELECTRONIC ARTS INC COM   2021-05-20 2025-03-05
99. META PLATFORMS INC   2021-05-20 2025-03-05
1512.159 EMERALD GROWTH INSTITUTIONAL     2025-03-05
2250.263 EMERALD GROWTH INSTITUTIONAL     2025-03-05
746. FORTIVE CORP WI   2021-05-20 2025-03-05
264. GOLDMAN SACHS GROUP INC   2021-05-20 2025-03-05
155. GRAINGER W W INC   2021-05-20 2025-03-05
850. HARTFORD FINANCIAL SERVICES GRP INC   2021-05-20 2025-03-05
444. HONEYWELL INTL INC   2021-05-20 2025-03-05
436. HUNT J B TRANS SVCS INC   2021-05-20 2025-03-05
1860. ISHARES CORE MSCI EMERGING MKTS ETF   2024-07-03 2025-03-05
528. J P MORGAN CHASE & CO   1998-12-30 2025-03-05
1094. LAS VEGAS SANDS CORP   2021-05-20 2025-03-05
161. LILLY ELI & CO     2025-03-05
483. LOWES CO INC   2021-05-20 2025-03-05
762.603 MFS INTERNATIONAL GROWTH R6   2024-12-17 2025-03-05
16843.926 MFS INTERNATIONAL GROWTH R6     2025-03-05
256. MASTERCARD INC     2025-03-05
480. MCDONALDS CORP COM   2000-06-13 2025-03-05
877. MERCK CO INC     2025-03-05
791. MICROSOFT CORP     2025-03-05
1059. MONDELEZ INTL INC CL A   2020-11-23 2025-03-05
238. NORTHROP GRUMMAN CORPORATION   2021-05-20 2025-03-05
73. O REILLY AUTOMOTIVE INC   2021-05-20 2025-03-05
653. PHILIP MORRIS INTL   2021-05-20 2025-03-05
580. PROLOGIS INC   2021-05-20 2025-03-05
6691.406 PGIM TOTAL RETURN BOND CL R6   2017-09-22 2025-03-05
674. TJX COMPANIES INC   2021-05-20 2025-03-05
634. T -MOBILE US INC     2025-03-05
150.374 UNDISCOVERED MGRS BEHAVIORAL VALUE   2024-12-12 2025-03-05
5827.983 UNDISCOVERED MGRS BEHAVIORAL VALUE     2025-03-05
433. UNITED PARCEL SERVICE INC CL B   2021-05-20 2025-03-05
276. VULCAN MATLS CO COM   2021-05-20 2025-03-05
406. WEC ENERGY GROUP INC COM   2021-05-20 2025-03-05
315. WORKDAY INC   2021-05-20 2025-03-05
606. APTIV PLC COM SHS   2021-05-20 2025-03-05
244. LINDE PLC   2021-05-20 2025-03-05
1001. ALCON INC   2021-05-20 2025-03-05
1442.852 BARON EMERGING MARKETS INSTITUTIONAL   2025-03-05 2025-05-29
1942.443 CAUSEWAY EMERGING MARKETS INSTL   2024-07-05 2025-05-29
923.226 DODGE COX INTERNATIONAL STOCK FD I   2017-08-29 2025-05-29
1597. EXACT SCIENCES CORPORATION   2025-03-05 2025-05-29
448.855 FIDELITY INTERNATIONAL INDEX FUND   2025-03-05 2025-05-29
213. ISHARES CORE MSCI EMERGING MKTS ETF   2024-07-03 2025-05-29
64548.146 WESTERN ASSET INCOME IS   2025-03-05 2025-05-29
217.744 CLEARBRIDGE INTERNATIONAL GROWTH   2025-03-05 2025-05-29
16. ADOBE SYS INC   2025-03-05 2025-07-02
61. ADVANCED MICRO DEVICES INC COM   2021-05-20 2025-07-02
82. ALPHABET INC CL A   2018-10-17 2025-07-02
94. AMAZON.COM INC   2021-05-20 2025-07-02
9. AMERICAN TOWER CORP   2021-05-20 2025-07-02
104. APPLE COMPUTER INC   2021-05-20 2025-07-02
5925. BAIRD AGGREGATE BOND FD INSTL   2024-07-05 2025-07-02
110. BANK OF AMERICA CORP   2025-03-05 2025-07-02
3. BLACKROCK INC COM   2025-03-05 2025-07-02
58. COTERRA ENERGY INC   2025-03-05 2025-07-02
1392. CAUSEWAY EMERGING MARKETS INSTL   2024-07-05 2025-07-02
18. CHEVRONTEXACO CORP   2021-05-20 2025-07-02
75. COPART INC COM   2025-03-05 2025-07-02
5. COSTCO WHSL CORP NEW COMMON STOCK   2020-11-23 2025-07-02
40. DANAHER CORP   2025-03-05 2025-07-02
157. DRAFTKINGS INC NEW   2025-03-05 2025-07-02
4. EQUINIX INC   2025-03-05 2025-07-02
21. META PLATFORMS INC   2021-05-20 2025-07-02
890. EMERALD GROWTH INSTITUTIONAL   2023-01-23 2025-07-02
4. INTUIT COM   2025-03-05 2025-07-02
25. J P MORGAN CHASE & CO   1998-12-30 2025-07-02
17. L3HARRIS TECHNOLOGIES INC   2025-03-05 2025-07-02
5. LILLY ELI & CO   2020-10-16 2025-07-02
463. MARATHON PETROLEUM CORP   2025-03-05 2025-07-02
12. MASTERCARD INC   2018-10-17 2025-07-02
5. MERCADOLIBRE INC   2025-03-05 2025-07-02
50. MICROSOFT CORP   2000-06-13 2025-07-02
50. MICRON TECHNOLOGY INC   2025-03-05 2025-07-02
41. NEXTERA ENERGY INC   2025-03-05 2025-07-02
203. NVIDIA CORP COM   2025-03-05 2025-07-02
471. PALO ALTO NETWORKS INC   2025-03-05 2025-07-02
615. SCHLUMBERGER LTD   2025-03-05 2025-07-02
1940. SCHLUMBERGER LTD   2022-08-23 2025-07-02
1031. SCHWAB CHARLES CORP   2021-05-20 2025-07-02
8. SERVICENOW INC   2025-03-05 2025-07-02
66. BLOCK INC   2025-03-05 2025-07-02
100. SYNOPSYS INC   2025-03-05 2025-07-02
16. TALEN ENERGY CORP COM   2025-03-05 2025-07-02
4. TRANSDIGM GROUP INC   2025-03-05 2025-07-02
109. UBER TECHNOLOGIES INC   2025-03-05 2025-07-02
9. UNITEDHEALTH GROUP INC COM   2025-03-05 2025-07-02
166. VEEVA SYSTEMS INC-CLASS A   2025-03-05 2025-07-02
593. VERTIV HOLDINGS CO   2025-03-05 2025-07-02
41. WAL MART STORES INC   2025-03-05 2025-07-02
16. EATON CORP PLC SHS   2025-03-05 2025-07-02
8. LINDE PLC   2021-05-20 2025-07-02
261. ADOBE SYS INC   2025-03-05 2025-09-04
122. ADOBE SYS INC   2018-10-17 2025-09-04
424. ADVANCED MICRO DEVICES INC COM   2021-05-20 2025-10-14
46. ALPHABET INC CL A   2018-10-17 2025-10-14
11. AMERICAN TOWER CORP   2021-05-20 2025-10-14
421. APPLE COMPUTER INC   2021-05-20 2025-10-14
42. BAKER HUGHES COMPANY   2025-07-02 2025-10-14
57. BANK OF AMERICA CORP   2025-03-05 2025-10-14
1969. BARON EMERGING MARKETS INSTITUTIONAL   2024-07-05 2025-10-14
7. BLACKROCK INC COM   2025-03-05 2025-10-14
25. COTERRA ENERGY INC   2025-03-05 2025-10-14
1535. CAUSEWAY EMERGING MARKETS INSTL   2024-07-05 2025-10-14
4. CHENIERE ENERGY INC   2025-07-02 2025-10-14
4. CHEVRONTEXACO CORP   2021-05-20 2025-10-14
17. DANAHER CORP   2025-03-05 2025-10-14
3747. DRAFTKINGS INC NEW   2025-03-05 2025-10-14
1. EQUINIX INC   2025-03-05 2025-10-14
1559. EMERALD GROWTH INSTITUTIONAL   2023-01-23 2025-10-14
302. ISHARES CORE MSCI EMERGING MKTS ETF   2024-07-03 2025-10-14
10. J P MORGAN CHASE & CO   1998-12-30 2025-10-14
2. L3HARRIS TECHNOLOGIES INC   2025-03-05 2025-10-14
4. LILLY ELI & CO   2020-10-16 2025-10-14
3. MERCADOLIBRE INC   2025-03-05 2025-10-14
19. MICROSOFT CORP   2000-06-13 2025-10-14
498. MICRON TECHNOLOGY INC   2025-03-05 2025-10-14
18. NEXTERA ENERGY INC   2025-03-05 2025-10-14
330. NVIDIA CORP COM   2025-03-05 2025-10-14
17. PALO ALTO NETWORKS INC   2025-03-05 2025-10-14
10. S P GLOBAL INC COM   2025-03-05 2025-10-14
26. SCHWAB CHARLES CORP   2021-05-20 2025-10-14
1579. BLOCK INC   2025-03-05 2025-10-14
9. SYNOPSYS INC   2025-03-05 2025-10-14
118. TALEN ENERGY CORP COM   2025-03-05 2025-10-14
2. TRANSDIGM GROUP INC   2025-03-05 2025-10-14
1445. UBER TECHNOLOGIES INC   2025-03-05 2025-10-14
7. VEEVA SYSTEMS INC-CLASS A   2025-03-05 2025-10-14
294. VERTIV HOLDINGS CO   2025-03-05 2025-10-14
18. WAL MART STORES INC   2025-03-05 2025-10-14
10. EATON CORP PLC SHS   2025-03-05 2025-10-14
1. LINDE PLC   2021-05-20 2025-10-14
2602. COPART INC COM     2025-12-19
1740. TRADE DESK INC THE CLASS A   2025-03-05 2025-12-19
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CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 175,511   84,373 91,138
b 29,983   23,414 6,569
c 84,117   52,432 31,685
d 830   1,004 -174
e 102,979   78,460 24,519
132,462   93,842 38,620
96,155   95,457 698
137,642   74,606 63,036
174,830   147,160 27,670
4,395   4,280 115
325,624   322,283 3,341
258,263   149,499 108,764
207,725   83,722 124,003
92,873   81,619 11,254
33,613   23,308 10,305
187,275   155,654 31,621
63,984   46,366 17,618
141,048   65,927 75,121
60,424   94,392 -33,968
46,874   54,502 -7,628
70,698   26,046 44,652
491,479   341,774 149,705
68,463   10,192 58,271
113,814   75,615 38,199
77,847   62,045 15,802
66,902   71,268 -4,366
64,427   31,471 32,956
35,868   38,594 -2,726
53,376   53,355 21
57,997   52,572 5,425
154,619   94,927 59,692
152,501   70,477 82,024
99,525   56,056 43,469
92,324   98,320 -5,996
68,780   74,438 -5,658
101,721   101,454 267
132,164   15,238 116,926
50,175   62,588 -12,413
147,517   33,863 113,654
116,007   93,762 22,245
34,546   32,433 2,113
763,030   524,586 238,444
142,231   57,974 84,257
146,869   15,564 131,305
80,975   66,789 14,186
313,756   26,545 287,211
69,749   60,493 9,256
113,182   88,862 24,320
98,564   40,154 58,410
100,287   63,765 36,522
71,560   68,131 3,429
80,565   97,350 -16,785
82,242   45,602 36,640
165,607   81,421 84,186
12,242   13,519 -1,277
474,456   389,744 84,712
51,333   92,921 -41,588
65,815   50,880 14,935
42,303   39,032 3,271
81,026   74,254 6,772
39,040   83,100 -44,060
113,896   73,029 40,867
94,251   68,791 25,460
24,110   22,884 1,226
22,979   22,863 116
54,729   41,508 13,221
92,266   76,996 15,270
25,042   23,840 1,202
12,198   11,618 580
323,386   326,317 -2,931
16,122   15,499 623
5,983   7,199 -1,216
8,455   4,377 4,078
14,641   4,679 9,962
20,703   15,266 5,437
2,018   2,258 -240
22,001   13,241 8,760
58,302   57,586 716
5,328   4,619 709
3,186   2,878 308
1,446   1,496 -50
17,720   16,384 1,336
2,648   1,856 792
3,679   4,080 -401
4,911   1,915 2,996
8,090   8,396 -306
6,444   6,754 -310
3,154   3,666 -512
15,037   6,676 8,361
24,190   20,924 3,266
3,094   2,435 659
7,275   722 6,553
4,295   3,566 729
3,886   731 3,155
80,072   62,016 18,056
6,702   2,492 4,210
12,306   10,487 1,819
24,511   1,670 22,841
6,107   4,679 1,428
3,003   2,863 140
31,856   23,805 8,051
92,342   86,546 5,796
21,854   24,011 -2,157
68,938   76,098 -7,160
93,805   73,092 20,713
8,030   7,320 710
4,575   4,003 572
52,108   44,326 7,782
4,427   3,109 1,318
6,047   5,469 578
10,033   8,217 1,816
2,814   4,273 -1,459
46,781   36,141 10,640
73,447   51,635 21,812
4,008   3,913 95
5,698   4,531 1,167
3,816   2,394 1,422
88,878   117,426 -28,548
41,545   31,872 9,673
94,919   30,424 64,495
11,319   2,625 8,694
2,037   2,760 -723
104,293   53,599 50,694
1,889   1,660 229
2,864   2,394 470
38,159   30,008 8,151
8,236   6,715 1,521
577   645 -68
21,321   18,067 3,254
901   959 -58
611   413 198
3,499   3,568 -69
129,002   161,182 -32,180
817   917 -100
46,973   36,652 10,321
19,861   16,473 3,388
3,040   289 2,751
598   420 178
3,244   585 2,659
6,517   6,292 225
9,756   635 9,121
95,601   46,601 49,000
1,526   1,257 269
60,484   38,698 21,786
3,550   3,124 426
4,879   5,218 -339
2,466   1,843 623
120,692   95,758 24,934
4,047   3,989 58
50,752   22,931 27,821
2,629   2,580 49
136,924   108,936 27,988
2,015   1,524 491
53,265   25,600 27,665
1,921   1,718 203
3,780   2,832 948
461   299 162
102,182   133,231 -31,049
64,873   113,927 -49,054
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
      143,083
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       91,138
b       6,569
c       31,685
d       -174
e       24,519
      38,620
      698
      63,036
      27,670
      115
      3,341
      108,764
      124,003
      11,254
      10,305
      31,621
      17,618
      75,121
      -33,968
      -7,628
      44,652
      149,705
      58,271
      38,199
      15,802
      -4,366
      32,956
      -2,726
      21
      5,425
      59,692
      82,024
      43,469
      -5,996
      -5,658
      267
      116,926
      -12,413
      113,654
      22,245
      2,113
      238,444
      84,257
      131,305
      14,186
      287,211
      9,256
      24,320
      58,410
      36,522
      3,429
      -16,785
      36,640
      84,186
      -1,277
      84,712
      -41,588
      14,935
      3,271
      6,772
      -44,060
      40,867
      25,460
      1,226
      116
      13,221
      15,270
      1,202
      580
      -2,931
      623
      -1,216
      4,078
      9,962
      5,437
      -240
      8,760
      716
      709
      308
      -50
      1,336
      792
      -401
      2,996
      -306
      -310
      -512
      8,361
      3,266
      659
      6,553
      729
      3,155
      18,056
      4,210
      1,819
      22,841
      1,428
      140
      8,051
      5,796
      -2,157
      -7,160
      20,713
      710
      572
      7,782
      1,318
      578
      1,816
      -1,459
      10,640
      21,812
      95
      1,167
      1,422
      -28,548
      9,673
      64,495
      8,694
      -723
      50,694
      229
      470
      8,151
      1,521
      -68
      3,254
      -58
      198
      -69
      -32,180
      -100
      10,321
      3,388
      2,751
      178
      2,659
      225
      9,121
      49,000
      269
      21,786
      426
      -339
      623
      24,934
      58
      27,821
      49
      27,988
      491
      27,665
      203
      948
      162
      -31,049
      -49,054
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 3,022,661
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 46,244
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 46,244
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 46,244
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 3,992
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 3,992
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 42,252
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)
CA
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 ofUS BANK NA Telephone no. (888) 265-7962

Located at60 LIVINGSTON AVESAINT PAULMN ZIP+455107
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
US BANK N A TRUSTEE
1 		122,103    
PO BOX 64193
EAGAN,MN55164
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
17,120,346
b
Average of monthly cash balances.......................
1b
170,139
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
17,290,485
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
17,290,485
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
259,357
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
17,031,128
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
851,556
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
851,556
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
46,244
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
46,244
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
805,312
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
805,312
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
805,312
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
760,086
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
760,086
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 7 805,312
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2025:
a From 2020...... 0
b From 2021...... 73,884
c From 2022...... 98,799
d From 2023...... 64,370
e From 2024...... 0
f Total of lines 3a through e ........ 237,053
4Qualifying distributions for 2025 from Part
XI, line 4: $ 760,086
a Applied to 2024, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions) ..... 		0
c Treated as distributions out of corpus (Election
required—see instructions) ........ 		0
d Applied to 2025 distributable amount..... 760,086
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2025. 45,226 45,226
(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 5 191,827
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2024. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2025. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2026 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2020 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		191,827
10 Analysis of line 9:
a Excess from 2021 .... 28,658
b Excess from 2022 .... 98,799
c Excess from 2023 .... 64,370
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).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, 2b, 2c, and 2d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2025)
Form 990-PF (2025)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

ALZHEIMER'S ASOCCENTRAL COAST CHAP

2580 E MAIN STREET SUITE 201
VENTURA,CA93003 		NONE   GENERAL OPERATING 186,769

GUIDE DOGS FOR THE BLIND INC

350 LOS RANCHITOS ROAD
SAN RAFAEL,CA94903 		NONE   GENERAL OPERATING 186,769

REGENTS OF THE UNIVERSITY OF CA

1111 FRANKLIN STREET 8TH FLOOR
OAKLAND,CA946075200 		NONE   GENERAL OPERATING 186,769

CANCER FDN OF SANTA BARBARA

601 WEST JUNIPERO STREET
SANTA BARBARA,CA93105 		NONE   GENERAL OPERATING 186,769
Total ................................. 3a 747,076
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 ....     14 438,543  
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 3,022,661  
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) ..   3,461,204  
13Total. Add line 12, columns (b), (d), and (e)..................
13
3,461,204
(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:
SAMSON MEMORIAL TRUST
EIN:
77-6191072
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC 800     800

TY 2025 InvestmentsCorpStockSchedule
Name:
SAMSON MEMORIAL TRUST
EIN:
77-6191072
Name of Stock End of Year Book Value End of Year Fair Market Value
00724F101 ADOBE SYS INC    
007903107 ADVANCED MICRO DEVIC 95,784 231,293
02079K305 ALPHABET INC CL A 121,592 667,003
023135106 AMAZON.COM INC 341,584 485,414
026874784 AMERICAN INTERNATION    
03027X100 AMERICAN TOWER CORP 85,887 63,732
031162100 AMGEN INC    
032654105 ANALOG DEVICES INC    
036752103 ELEVANCE HEALTH INC    
037833100 APPLE INC COM 256,411 547,526
038222105 APPLIED MATERIALS IN    
084670702 BERKSHIRE HATHAWAY I    
101137107 BOSTON SCIENTIFIC CO    
125896100 C M S ENERGY CORP    
166764100 CHEVRON CORP COM 56,208 83,063
17275R102 CISCO SYSTEMS INC    
172967424 CITIGROUP INC    
191216100 COCA COLA COMPANY    
20030N101 COMCAST CORP CLASS A    
21036P108 CONSTELLATION BRANDS    
22160K105 COSTCO WHSL CORP 120,288 148,322
254687106 WALT DISNEY CO    
26875P101 E O G RES INC    
278865100 ECOLAB INC    
285512109 ELECTRONIC ARTS INC    
30303M102 META PLATFORMS INC 243,842 405,295
34959J108 FORTIVE CORP WI    
38141G104 GOLDMAN SACHS GROUP    
384802104 GRAINGER W W INC    
416515104 HARTFORD FINANCIAL S    
438516106 HONEYWELL INTL INC    
445658107 HUNT J B TRANS SVCS    
46625H100 JPMORGAN CHASE CO 22,251 248,432
517834107 LAS VEGAS SANDS CORP    
532457108 ELI LILLY CO 37,130 272,969
548661107 LOWES CO INC    
57636Q104 MASTERCARD INC 70,301 109,609
580135101 MCDONALDS CORP COM    
58933Y105 MERCK AND CO INC    
594918104 MICROSOFT CORP COM 137,761 660,141
609207105 MONDELEZ INTL INC CL    
666807102 NORTHROP GRUMMAN COR    
67103H107 O REILLY AUTOMOTIVE    
718172109 PHILIP MORRIS INTL    
74340W103 PROLOGIS INC COM    
806857108 SCHLUMBERGER LTD COM    
808513105 SCHWAB CHARLES CORP 101,816 136,877
872540109 TJX COMPANIES INC    
872590104 T -MOBILE US INC    
911312106 UNITED PARCEL SERVIC    
91324P102 UNITEDHEALTH GROUP I 242,182 200,707
929160109 VULCAN MATLS CO COM    
92939U106 WEC ENERGY GROUP INC    
98138H101 WORKDAY INC    
G54950103 LINDE PLC 57,166 81,440
H01301128 ALCON INC    
G3265R107 APTIV PLC COM SHS    
05722G100 BAKER HUGHES COMPANY 85,322 98,321
060505104 BANK OF AMERICA CORP 154,248 202,015
09290D101 BLACKROCK INC COM 113,198 126,300
127097103 COTERRA ENERGY INC 61,269 62,536
14040H105 CAPITAL ONE FINL COR 138,807 156,080
16411R208 CHENIERE ENERGY INC 82,756 67,065
169656105 CHIPOTLE MEXICAN GRI 132,664 117,438
235851102 DANAHER CORP 207,582 226,402
29444U700 EQUINIX INC 83,409 69,721
437076102 HOME DEPOT INC 214,855 192,352
461202103 INTUIT COM 149,942 156,331
46120E602 INTUITIVE SURGICAL I 102,104 112,139
502431109 L3HARRIS TECHNOLOGIE 78,032 109,208
565394103 MAPLEBEAR INC COM 66,015 67,110
58733R102 MERCADOLIBRE INC 134,240 128,913
595112103 MICRON TECHNOLOGY IN 64,567 196,933
64110L106 NETFLIX.COM INC 137,497 102,198
65339F101 NEXTERA ENERGY INC 95,671 109,984
67066G104 NVIDIA CORP COM 502,022 798,407
679295105 OKTA INC 192,808 174,064
697435105 PALO ALTO NETWORKS I 144,978 145,334
78409V104 S P GLOBAL INC COM 94,971 95,111
81762P102 SERVICENOW INC 197,628 165,445
871607107 SYNOPSYS INC 125,000 132,461
87422Q109 TALEN ENERGY CORP CO 53,053 102,331
893641100 TRANSDIGM GROUP INC 112,114 109,048
90353T100 UBER TECHNOLOGIES IN 82,098 88,982
922475108 VEEVA SYSTEMS INC-CL 47,462 48,664
92537N108 VERTIV HOLDINGS CO 92,386 171,893
931142103 WALMART INC COM 92,672 108,179
G29183103 EATON CORP PLC SHS 107,884 121,352

TY 2025 InvestmentsOtherSchedule2
Name:
SAMSON MEMORIAL TRUST
EIN:
77-6191072
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
233203868 DFA LARGE CAP INTL P      
256206103 DODGE COX INTERNATIO AT COST 669,757 1,019,373
317609253 EMERALD GROWTH INSTI AT COST 251,394 315,753
552746356 MFS INTERNATIONAL GR      
74440B884 PGIM TOTAL RETURN BO AT COST 865,216 811,981
904504479 UNDISCOVERED MGRS BE      
MI4921000 CA LOS ANGELES WI AT COST 3,136 1
04314H568 ARTISAN HIGH INCOME AT COST 881,554 906,630
057071854 BAIRD AGGREGATE BOND AT COST 768,156 785,905
06828M876 BARON EMERGING MARKE AT COST 328,063 410,004
149498107 CAUSEWAY EMERGING MA AT COST 355,859 441,025
46434G103 ISHARES CORE MSCI EM AT COST 352,526 434,443
808524847 SCHWAB US REIT ETF AT COST 722,603 721,373
861728400 STONE RIDGE HY REINS AT COST 501,828 498,536
24610B859 NOMURA SMALL CAP COR AT COST 285,230 300,176
315911727 FIDELITY INTERNATION AT COST 850,040 973,671
52470V822 WESTERN ASSET INCOME AT COST 361,595 361,760
52471E258 CLEARBRIDGE INTERNAT AT COST 908,999 944,544
904504842 UNDISCOVERED MANAGER AT COST 293,545 282,927

TY 2025 OtherAssetsSchedule
Name:
SAMSON MEMORIAL TRUST
EIN:
77-6191072
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
000000000 MISCELLANEOUS ENTRY 8,900 11,869 11,869


TY 2025 OtherDecreasesSchedule
Name:
SAMSON MEMORIAL TRUST
EIN:
77-6191072
Description Amount
ROC ON CY SALES 1,898
PY RETURN OF CAPITAL ADJUSTMENT 86


TY 2025 OtherIncreasesSchedule
Name:
SAMSON MEMORIAL TRUST
EIN:
77-6191072
Description Amount
ROUNDING 3


TY 2025 TaxesSchedule
Name:
SAMSON MEMORIAL TRUST
EIN:
77-6191072
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 5,736 5,736   0
FEDERAL ESTIMATES - PRINCIPAL 3,524 0   0
FOREIGN TAXES ON NONQUALIFIED 4,288 4,288   0