TY 2025 Form 990PF

- TIN:

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
THE IRENE AND CARROLL RHEINSTROM FUND

Number and street (or P.O. box number if mail is not delivered to street address) PO BOX 185
Room/suite

City or town
PITTSBURGH

State or province
PA

Country

ZIP or foreign postal code
152300185

A Employer identification number

13-7174711

B Telephone number (see instructions)

2129226636

C If exemption application is pending, check here

G Check all that apply: Initial returnInitial return of a former public charity

Address change Name change

D 1. Foreign organizations, check here.............

2. Foreign organizations meeting the 85%
test, check here and attach computation ...

E If private foundation status was terminated
under section 507(b)(1)(A), check here .......

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here .......

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)$11,490,523J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .................
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	272,464		272,464
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		582,943
b	Gross sales price for all assets on line 6a 4,306,956
7	Capital gain net income (from Part IV, line 2)...			582,943
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........	855,407		855,407
13	Compensation of officers, directors, trustees, etc.	13,861		8,317		5,545
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).......
c	Other professional fees (attach schedule)....					0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	11,444	7,165		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).......	List of Attached Documents: // Content	753	3		750
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	26,058		15,485	0	6,295
25	Contributions, gifts, grants paid.......	468,020				468,020
26	Total expenses and disbursements. Add lines 24 and 25 ................	494,078		15,485	0	474,315
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	361,329
b	Net investment income (if negative, enter -0-)			839,922
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	407,608	301,149	301,149
	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).......
	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)..........	8,709,530	List of Attached Documents: // Content 9,178,291	11,189,374
	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)	9,117,138	9,479,440	11,490,523
	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
		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........	9,117,138	9,479,440
	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).....	9,117,138	9,479,440
	30	Total liabilities and net assets/fund balances (see instructions).	9,117,138	9,479,440

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

9,117,138

Enter amount from Part I, line 27a .....................

361,329

Other increases not included in line 2 (itemize) Click to see attachment

List of Attached Documents:

// Content

2,016

Add lines 1, 2, and 3 ..........................

9,480,483

Decreases not included in line 2 (itemize) Click to see attachment

List of Attached Documents:

// Content

1,043

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..

9,479,440

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	30994.152 BNY MELLON INCOME STK FD CL M		2018-03-19	2025-01-07
b	100. ISHARES RUSSELL 2000 INDEX FD		2021-01-21	2025-01-07
c	35000. U S TREASURY NOTE 3.5% 9/15/25		2022-09-28	2025-01-08
d	209. ALLSTATE CORP		2022-11-15	2025-01-10
e	136. APPLIED MATERIALS INC		2024-03-20	2025-01-10
	56. APPLIED MATERIALS INC		2023-09-25	2025-01-10
	227. BIO-TECHNE CORP		2024-02-21	2025-01-10
	230. E Q T CORP		2024-12-13	2025-01-10
	114. HUBBELL INC COM			2025-01-10
	460. NEWMONT CORPORATION		2023-12-14	2025-01-10
	190. PINDUODUO INC-ADR		2024-10-31	2025-01-10
	31. ROPER TECHNOLOGIES INC		2024-02-21	2025-01-10
	5000. U S TREASURY NOTE 3.5% 9/15/25		2024-02-26	2025-01-10
	35000. U S TREASURY NOTE 3.5% 9/15/25			2025-01-10
	83. BIO-TECHNE CORP		2024-02-21	2025-01-13
	21. ROPER TECHNOLOGIES INC		2024-02-21	2025-01-15
	47. ROPER TECHNOLOGIES INC		2024-01-08	2025-01-15
	145. BECTON DICKINSON AND COMPANY		2023-08-31	2025-01-29
	10000. WI TREASURY SECURITY 4.125% 1/15/26		2024-02-26	2025-01-29
	5000. WI TREASURY SECURITY 4.125% 1/15/26		2023-05-12	2025-01-29
	60000. WI TREASURY SECURITY 4.125% 1/15/26			2025-01-29
	114. BECTON DICKINSON AND COMPANY		2024-07-25	2025-02-06
	68. BECTON DICKINSON AND COMPANY			2025-02-06
	20000. WELLS FARGO & CO		2019-03-12	2025-02-07
	45000. U S TREASURY NOTE 2.0% 2/15/25			2025-02-15
	56. CONSTELLATION ENERGY		2023-09-25	2025-02-21
	78. GE VERNOVA LLC		2024-08-08	2025-03-10
	53. APPLE INC			2025-03-12
	215. CME GROUP INC			2025-03-12
	180. CONOCOPHILLIPS		2024-03-20	2025-03-17
	750. E Q T CORP			2025-03-17
	590. UBER TECHNOLOGIES INC		2023-07-31	2025-03-17
	25000. U S BANCORP 3.1% 4/27/2026		2019-01-31	2025-03-19
	296. SAREPTA THERAPEUTICS INC		2023-06-30	2025-03-20
	147. DIAMONDBACK ENERGY INC		2024-12-13	2025-04-03
	10000. UNITED STATES TREAS 2.25% 2/15/27			2025-04-03
	19120.46 BNY MELLON HIGH YIELD-I		2010-06-15	2025-04-09
	16605.165 BNYM FLTNG RT INC-Y			2025-04-09
	1594.896 TCW EMERGING MARKETS INCOME FUND-I		2020-07-15	2025-04-09
	20000. UNITED STATES TREAS 2.25% 2/15/27			2025-04-09
	560. US BANCORP DEL		2024-10-24	2025-04-10
	10000. UNITED STATES TREAS 2.25% 2/15/27		2019-01-30	2025-04-10
	5. BERKSHIRE HATHAWAY INC DEL CL B		2023-09-25	2025-04-14
	8. HUBSPOT INC		2023-06-30	2025-04-14
	360. PURE STORAGE INC - CLASS A		2025-01-10	2025-04-14
	170. SANOFI		2023-12-14	2025-04-15
	420. SANOFI			2025-04-16
	9469.698 BNY MELLON HIGH YIELD-I			2025-04-22
	4595.588 BNYM FLTNG RT INC-Y			2025-04-22
	590. INGERSOLL RAND INC		2024-02-21	2025-04-25
	230. CHEWY INC - CLASS A		2023-09-25	2025-04-29
	50. LULULEMON ATHLETICA INC		2024-01-08	2025-04-29
	25000. SUMITOMO MITSUI FINL 2.632% 7/14/26		2020-05-01	2025-05-08
	110. DEXCOM INC		2025-01-15	2025-05-23
	12. ALPHABET INC/CA-CL A		2025-03-20	2025-05-29
	137. ALPHABET INC/CA-CL A			2025-05-29
	192. CONOCOPHILLIPS		2024-08-01	2025-06-04
	85. CONOCOPHILLIPS		2024-03-20	2025-06-04
	150. AT&T INC		2022-11-01	2025-06-05
	8. ALIGN TECHNOLOGY INC		2023-06-30	2025-06-05
	75. ALPHABET INC/CA-CL A		2023-07-31	2025-06-05
	64. AMAZON COM INC		2024-03-20	2025-06-05
	20. AMERICAN INTERNATIONAL GROUP		2025-01-10	2025-06-05
	14. AMETEK INC NEW		2024-04-09	2025-06-05
	26. APPLE INC		2024-07-24	2025-06-05
	35. APPLE INC		2023-07-31	2025-06-05
	7. APPLIED MATERIALS INC		2023-09-25	2025-06-05
	9. ASSURANT INC		2024-11-14	2025-06-05
	5. ATLASSIAN CORP		2025-04-25	2025-06-05
	2. AXON ENTERPRISE INC		2025-04-25	2025-06-05
	80. BANK OF AMERICA CORP		2025-04-15	2025-06-05
	50. BAXTER INTERNATIONAL INC		2024-09-13	2025-06-05
	20. BENTLEY SYSTEMS INC		2025-05-29	2025-06-05
	14. BERKSHIRE HATHAWAY INC DEL CL B		2023-09-25	2025-06-05
	12. BIONTECH SE-ADR		2025-04-14	2025-06-05
	30. BRISTOL-MYERS SQUIBB CO		2024-09-13	2025-06-05
	12. BROADCOM INC		2025-01-10	2025-06-05
	7. CME GROUP INC		2019-03-04	2025-06-05
	40. C S X CORP		2025-01-10	2025-06-05
	7. CAPITAL ONE FINANCIAL CORP		2025-03-12	2025-06-05
	60. CHEWY INC - CLASS A		2023-09-25	2025-06-05
	60. CISCO SYSTEMS INC		2023-08-31	2025-06-05
	8. CONSTELLATION ENERGY		2023-09-25	2025-06-05
	30. COSTAR GROUP INC		2024-04-09	2025-06-05
	17. DANAHER CORP		2024-01-08	2025-06-05
	20. DEXCOM INC		2025-01-15	2025-06-05
	7. DIAMONDBACK ENERGY INC		2025-06-04	2025-06-05
	26. WALT DISNEY CO/THE		2024-03-20	2025-06-05
	30. DOLBY LABORATORIES INC		2025-01-14	2025-06-05
	50. DOMINION ENERGY INC		2024-04-09	2025-06-05
	40. E Q T CORP		2024-03-20	2025-06-05
	26. EXXON MOBIL CORP		2025-03-17	2025-06-05
	60. FREEPORT-MCMORAN INC		2024-04-09	2025-06-05
	6. GE VERNOVA LLC		2024-08-08	2025-06-05
	20. GENERAL MOTORS CO		2024-03-20	2025-06-05
	13. GILEAD SCIENCES INC		2024-10-24	2025-06-05
	6. GOLDMAN SACHS GROUP INC			2025-06-05
	8. HESS CORP		2025-04-03	2025-06-05
	38. HOWMET AEROSPACE INC		2024-04-09	2025-06-05
	6. HUBBELL INC COM		2024-08-27	2025-06-05
	4. HUBSPOT INC		2023-06-30	2025-06-05
	20. ILLUMINA INC		2023-07-31	2025-06-05
	7. INTERCONTINENTAL EXCHANGE INC		2025-03-12	2025-06-05
	40. INTERNATIONAL PAPER CO		2024-09-12	2025-06-05
	5. INTUITIVE SURGICAL INC		2024-06-12	2025-06-05
	18. J P MORGAN CHASE & CO		2018-01-18	2025-06-05
	21. JOHNSON & JOHNSON		2025-03-10	2025-06-05
	100. KENVUE INC		2024-04-09	2025-06-05
	13. L3HARRIS TECHNOLOGIES INC		2024-08-27	2025-06-05
	8. LABCORP HOLDINGS INC		2024-07-25	2025-06-05
	50. LAS VEGAS SANDS CORP		2022-06-08	2025-06-05
	7. MARATHON PETROLEUM CORP		2023-12-14	2025-06-05
	20. METLIFE INC		2024-10-04	2025-06-05
	43. MICROSOFT CORPORATION		2024-02-21	2025-06-05
	7. MONGODB INC		2024-11-26	2025-06-05
	2. NETFLIX COM INC		2023-06-30	2025-06-05
	40. NEWMONT CORPORATION		2025-02-06	2025-06-05
	156. NVIDIA CORP		2024-02-21	2025-06-05
	20. OMNICOM GROUP INC		2024-05-08	2025-06-05
	15. PHILIP MORRIS INTERNATIONAL		2024-06-24	2025-06-05
	11. PHILLIPS 66		2024-03-20	2025-06-05
	11. REPLIGEN CORP		2023-08-31	2025-06-05
	25000. ROYAL BANK OF CANADA 4.65% 1/27/26		2019-02-01	2025-06-05
	20. SCHWAB CHARLES CORP NEW		2025-04-10	2025-06-05
	3. SERVICENOW INC		2025-01-10	2025-06-05
	18. SHOPIFY INC-A W/I		2025-02-06	2025-06-05
	20. BLOCK INC		2023-06-30	2025-06-05
	3. SYNOPSYS INC		2025-03-20	2025-06-05
	12. 3M CO		2024-07-23	2025-06-05
	4. UNITED HEALTH GROUP INC		2016-09-26	2025-06-05
	20. VERALTO CORP-W/I		2024-04-09	2025-06-05
	20. VOYA FINANCIAL INC		2024-07-26	2025-06-05
	10. ZOETIS INC		2024-01-08	2025-06-05
	4. AON PLC/IRELAND A		2024-07-25	2025-06-05
	20. CRH PLC		2024-04-09	2025-06-05
	44. JOHNSON CTLS INTL PLC		2024-04-09	2025-06-05
	40. MEDTRONIC PLC		2024-01-08	2025-06-05
	7. RENAISSANCERE HLDGS LTD		2023-12-14	2025-06-05
	5. TRANE TECHNOLOGIES PLC		2012-06-14	2025-06-05
	30. ALCON INC		2024-07-25	2025-06-05
	2. SPOTIFY TECHNOLOGY SA		2025-04-29	2025-06-05
	6. ROYAL CARIBBEAN CRUISES LTD		2024-10-31	2025-06-05
	15000. UNITED STATES TREAS 2.25% 2/15/27			2025-06-10
	2478.315 BNY MELLON INTERNATIONAL-M		2020-09-24	2025-06-12
	150. HOWMET AEROSPACE INC		2024-04-09	2025-06-16
	94. HOWMET AEROSPACE INC		2024-04-09	2025-06-17
	201. ALPHABET INC/CA-CL A			2025-06-24
	600. GENERAL MOTORS CO		2024-03-20	2025-06-30
	197. 3M CO			2025-07-02
	134. ALPHABET INC/CA-CL A			2025-07-14
	49. AMAZON COM INC		2024-08-28	2025-07-14
	61. AMAZON COM INC		2024-03-20	2025-07-14
	6. BERKSHIRE HATHAWAY INC DEL CL B		2023-09-25	2025-07-14
	13. HOWMET AEROSPACE INC		2024-04-09	2025-07-14
	11. HUBSPOT INC		2023-06-30	2025-07-14
	24. INTUITIVE SURGICAL INC		2024-06-12	2025-07-14
	44. NVIDIA CORP		2024-02-21	2025-07-14
	78. JOHNSON CTLS INTL PLC		2025-06-16	2025-07-14
	148. JOHNSON CTLS INTL PLC		2024-04-09	2025-07-14
	23. INTUITIVE SURGICAL INC			2025-07-21
	179. ZOETIS INC			2025-07-21
	.5 CHEVRON CORPORATION		2025-04-03	2025-07-28
	270. METLIFE INC		2024-10-04	2025-07-30
	360. BAXTER INTERNATIONAL INC		2024-09-13	2025-07-31
	540. BAXTER INTERNATIONAL INC			2025-07-31
	61. HOWMET AEROSPACE INC		2024-04-09	2025-07-31
	34922.215 BNY MELLON S/T US GVT SECS FD CL M			2025-08-04
	9140.768 BNY MELLON S/T US GVT SECS FD CL M		2024-05-29	2025-08-04
	20000. TORONTO-DOMINION BAN 5.532% 7/17/26		2023-09-27	2025-08-05
	170. BLOCK INC		2023-06-30	2025-08-06
	25000. PNC FINANCIAL SERVICES GROUP I		2020-02-06	2025-08-08
	27. GE VERNOVA LLC		2024-08-08	2025-08-11
	10. SCHWAB CHARLES CORP NEW		2025-04-10	2025-08-15
	498. JOHNSON CTLS INTL PLC		2024-04-09	2025-08-15
	119. DANAHER CORP			2025-08-27
	57. ALIGN TECHNOLOGY INC		2023-06-30	2025-09-03
	72. ALIGN TECHNOLOGY INC		2023-06-30	2025-09-03
	200. DOMINION ENERGY INC		2024-04-09	2025-09-04
	33. RENAISSANCERE HLDGS LTD		2023-12-14	2025-09-04
	27. RENAISSANCERE HLDGS LTD		2023-12-14	2025-09-05
	79. RENAISSANCERE HLDGS LTD		2023-12-14	2025-09-08
	34. GE VERNOVA LLC		2024-08-08	2025-09-09
	20000. TRUIST FINANCIAL COR 6.047% 6/08/27		2023-12-18	2025-09-12
	600. BRISTOL-MYERS SQUIBB CO		2024-09-13	2025-09-18
	25000. COMCAST CORP 3.15% 2/15/28		2019-06-27	2025-09-26
	300. DEXCOM INC		2025-01-15	2025-09-26
	50. AT&T INC		2022-11-01	2025-10-01
	20. ALPHABET INC/CA-CL A		2023-04-14	2025-10-01
	20. AMAZON COM INC		2024-08-28	2025-10-01
	10. AMERICAN INTERNATIONAL GROUP		2025-01-10	2025-10-01
	5. AMETEK INC NEW		2024-04-09	2025-10-01
	22. APPLE INC		2023-07-31	2025-10-01
	4. APPLIED MATERIALS INC		2023-09-25	2025-10-01
	5. ASSURANT INC		2024-11-14	2025-10-01
	2. ATLASSIAN CORP		2025-04-25	2025-10-01
	1. AXON ENTERPRISE INC		2025-09-03	2025-10-01
	30. BANK OF AMERICA CORP		2025-04-15	2025-10-01
	10. BENTLEY SYSTEMS INC		2025-05-29	2025-10-01
	5. BERKSHIRE HATHAWAY INC DEL CL B		2023-09-25	2025-10-01
	4. BROADCOM INC		2025-01-10	2025-10-01
	2. CME GROUP INC		2019-03-04	2025-10-01
	20. C S X CORP		2025-01-10	2025-10-01
	3. CAPITAL ONE FINANCIAL CORP		2025-06-30	2025-10-01
	1. CARLISLE COMPANIES INC		2025-07-14	2025-10-01
	3. CHEVRON CORPORATION		2025-04-03	2025-10-01
	10. CHEWY INC - CLASS A		2023-09-25	2025-10-01
	30. CISCO SYSTEMS INC		2023-08-31	2025-10-01
	4. CITIGROUP INC		2025-07-31	2025-10-01
	10. COMERICA INC		2025-07-31	2025-10-01
	3. CONSTELLATION ENERGY		2023-09-25	2025-10-01
	10. COSTAR GROUP INC		2024-04-09	2025-10-01
	1. CUMMINS ENGINE INC		2025-09-18	2025-10-01
	4. DANAHER CORP		2023-07-31	2025-10-01
	10. DELTA AIR LINES INC - W/I		2025-08-15	2025-10-01
	4. DIAMONDBACK ENERGY INC		2025-06-16	2025-10-01
	10. WALT DISNEY CO/THE		2024-03-20	2025-10-01
	10. DOLBY LABORATORIES INC		2025-01-14	2025-10-01
	10. DOMINION ENERGY INC		2024-04-09	2025-10-01
	20. E Q T CORP		2024-03-20	2025-10-01
	9. EXXON MOBIL CORP		2025-03-17	2025-10-01
	3. META PLATFORMS INC		2025-08-06	2025-10-01
	50. FORD MOTOR CO DEL		2025-06-30	2025-10-01
	20. FREEPORT-MCMORAN INC		2024-04-09	2025-10-01
	1. GE VERNOVA LLC		2024-08-09	2025-10-01
	9. GILEAD SCIENCES INC		2025-09-26	2025-10-01
	2. GOLDMAN SACHS GROUP INC		2025-05-23	2025-10-01
	7. HOWMET AEROSPACE INC		2024-04-09	2025-10-01
	4. HUBBELL INC COM		2025-06-17	2025-10-01
	2. HUBSPOT INC		2023-06-30	2025-10-01
	3. HUMANA INC		2025-09-04	2025-10-01
	1. IDEXX LABS INC		2025-07-21	2025-10-01
	2. INTERCONTINENTAL EXCHANGE INC		2025-03-12	2025-10-01
	10. INTERNATIONAL PAPER CO		2024-09-12	2025-10-01
	2. INTUITIVE SURGICAL INC		2024-04-25	2025-10-01
	6. J P MORGAN CHASE & CO		2018-01-18	2025-10-01
	10. JOHNSON & JOHNSON		2025-08-15	2025-10-01
	30. KENVUE INC		2024-04-09	2025-10-01
	5. L3HARRIS TECHNOLOGIES INC		2024-08-27	2025-10-01
	2. LABCORP HOLDINGS INC		2024-07-25	2025-10-01
	20. LAS VEGAS SANDS CORP		2022-06-08	2025-10-01
	10. ESTEE LAUDER COMPANIES INC CL A		2025-07-02	2025-10-01
	3. MARATHON PETROLEUM CORP		2023-12-14	2025-10-01
	1. MASTERCARD INC		2025-06-24	2025-10-01
	15. MICROSOFT CORPORATION		2024-02-21	2025-10-01
	2. MONGODB INC		2024-11-26	2025-10-01
	1. NETFLIX COM INC		2023-06-30	2025-10-01
	10. NEWMONT CORPORATION		2025-02-06	2025-10-01
	52. NVIDIA CORP			2025-10-01
	10. OMNICOM GROUP INC		2024-05-08	2025-10-01
	4. PHILIP MORRIS INTERNATIONAL		2024-06-24	2025-10-01
	4. PHILLIPS 66		2024-03-20	2025-10-01
	4. REPLIGEN CORP		2023-08-31	2025-10-01
	10. SCHWAB CHARLES CORP NEW		2025-04-10	2025-10-01
	1. SERVICENOW INC		2025-01-10	2025-10-01
	6. SHOPIFY INC-A W/I		2025-02-06	2025-10-01
	10. BLOCK INC		2023-06-30	2025-10-01
	1. SYNOPSYS INC		2025-03-20	2025-10-01
	3. THERMO FISHER SCIENTIFIC INC.		2025-08-27	2025-10-01
	2. UNITED HEALTH GROUP INC		2025-09-09	2025-10-01
	9. VERALTO CORP-W/I		2024-04-09	2025-10-01
	10. VOYA FINANCIAL INC		2025-09-04	2025-10-01
	2. AON PLC/IRELAND A		2025-09-04	2025-10-01
	9. CRH PLC		2024-04-09	2025-10-01
	20. MEDTRONIC PLC		2024-01-08	2025-10-01
	2. TRANE TECHNOLOGIES PLC		2012-06-14	2025-10-01
	2. ROYAL CARIBBEAN CRUISES LTD		2024-10-31	2025-10-01
	201. PHILIP MORRIS INTERNATIONAL		2024-06-24	2025-10-07
	22. DANAHER CORP		2025-03-17	2025-10-08
	164. DANAHER CORP			2025-10-08
	900. AT&T INC			2025-10-21
	2. MICROSOFT CORPORATION		2024-02-21	2025-10-22
	22. MONGODB INC		2024-11-26	2025-10-22
	700. AT&T INC			2025-10-23
	959. KENVUE INC			2025-10-24
	681. KENVUE INC		2024-03-20	2025-10-27
	90. COMERICA INC			2025-10-30
	120. INTERCONTINENTAL EXCHANGE INC		2025-03-12	2025-10-30
	20000. CREDIT SUISSE NEW YO 5.0% 7/09/27		2024-03-27	2025-11-05
	20000. UNITED STATES TREAS 2.25% 2/15/27			2025-11-05
	140. AMERICAN INTERNATIONAL GROUP		2025-01-10	2025-11-19
	40. AMERICAN INTERNATIONAL GROUP			2025-11-19
	35. CUMMINS ENGINE INC			2025-11-19
	14. IDEXX LABS INC		2025-07-21	2025-11-19
	90. NEWMONT CORPORATION		2025-02-06	2025-11-19
	86. ATLASSIAN CORP		2025-04-25	2025-11-21
	132. BIONTECH SE-ADR		2025-04-14	2025-11-21
	56. CARLISLE COMPANIES INC			2025-11-21
	140. CHEVRON CORPORATION		2025-04-03	2025-11-21
	246. CITIGROUP INC		2025-07-31	2025-11-21
	82. MONGODB INC		2024-11-26	2025-11-21
	190. NEWMONT CORPORATION		2025-02-06	2025-11-21
	139. SHOPIFY INC-A W/I			2025-11-21
	30. BLOCK INC		2025-10-22	2025-11-21
	280. BLOCK INC		2023-06-30	2025-11-21
	76. BIONTECH SE-ADR		2025-04-14	2025-11-24
	10000. U S TREADURY NOTE 4.25% 11/30/26		2025-01-08	2025-11-28
	15000. U S TREASURY NOTES 4.625% 2/28/26		2025-01-29	2025-12-04
	37. ROYAL CARIBBEAN CRUISES LTD		2024-10-31	2025-12-04
	65. ROYAL CARIBBEAN CRUISES LTD		2024-10-31	2025-12-05
	22. LABCORP HOLDINGS INC			2025-12-16
	91. LABCORP HOLDINGS INC			2025-12-17
	27. LABCORP HOLDINGS INC		2024-06-12	2025-12-18
	.329 B N Y MLN ENHNC DVD AND IN ETF		2018-03-19	2025-12-22
	CAPITAL GAIN DIVIDENDS	P
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(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	212,000	288,246	-76,246
b	22,304	21,330	974
c	34,824	34,340	484
d	37,434	27,575	9,859
e	23,271	27,213	-3,942
	9,582	7,627	1,955
	16,669	16,176	493
	11,298	10,460	838
	48,047	46,715	1,332
	17,953	18,998	-1,045
	18,038	22,949	-4,911
	15,626	16,948	-1,322
	4,974	4,872	102
	34,815	34,210	605
	6,256	5,915	341
	10,835	11,481	-646
	24,251	24,655	-404
	35,819	40,532	-4,713
	9,973	9,827	146
	4,987	5,015	-28
	59,838	58,999	839
	25,803	26,687	-884
	15,391	18,021	-2,630
	19,472	20,637	-1,165
	45,000	43,494	1,506
	15,932	6,246	9,686
	21,110	13,721	7,389
	11,483	11,895	-412
	54,902	44,480	10,422
	17,958	21,890	-3,932
	38,510	29,057	9,453
	43,289	29,092	14,197
	24,613	24,522	91
	21,904	33,899	-11,995
	20,999	24,026	-3,027
	9,729	10,313	-584
	100,000	118,547	-18,547
	180,000	194,436	-14,436
	10,000	12,479	-2,479
	19,459	19,526	-67
	20,835	27,110	-6,275
	9,715	9,727	-12
	2,649	1,802	847
	4,304	4,255	49
	14,893	23,153	-8,260
	8,617	8,261	356
	21,439	20,204	1,235
	50,000	56,263	-6,263
	50,000	50,168	-168
	44,203	52,241	-8,038
	8,534	4,188	4,346
	13,507	24,547	-11,040
	24,466	25,898	-1,432
	9,267	8,922	345
	2,060	1,952	108
	23,516	20,063	3,453
	16,550	20,819	-4,269
	7,327	10,337	-3,010
	4,135	2,756	1,379
	1,438	2,833	-1,395
	12,681	9,931	2,750
	13,426	11,276	2,150
	1,700	1,408	292
	2,475	2,532	-57
	5,245	5,828	-583
	7,060	6,865	195
	1,148	953	195
	1,821	1,932	-111
	1,085	1,152	-67
	1,561	1,195	366
	3,552	3,047	505
	1,519	1,995	-476
	987	961	26
	6,844	5,047	1,797
	1,323	1,221	102
	1,441	1,469	-28
	3,147	2,685	462
	1,929	1,266	663
	1,273	1,275	-2
	1,345	1,197	148
	2,863	1,093	1,770
	3,874	3,448	426
	2,338	892	1,446
	2,373	2,858	-485
	3,279	3,947	-668
	1,709	1,622	87
	968	978	-10
	2,948	2,993	-45
	2,234	2,373	-139
	2,800	2,473	327
	2,210	1,349	861
	2,655	2,969	-314
	2,537	3,070	-533
	2,913	1,055	1,858
	948	843	105
	1,448	1,156	292
	3,628	3,605	23
	1,066	1,202	-136
	6,638	2,505	4,133
	2,328	2,327	1
	2,416	2,128	288
	1,670	3,727	-2,057
	1,250	1,184	66
	1,893	1,914	-21
	2,794	2,132	662
	4,733	2,046	2,687
	3,226	3,547	-321
	2,167	2,042	125
	3,140	2,978	162
	2,026	1,689	337
	2,039	1,853	186
	1,112	1,042	70
	1,575	1,681	-106
	20,071	17,163	2,908
	1,584	2,357	-773
	2,489	881	1,608
	2,198	1,796	402
	22,011	10,487	11,524
	1,406	1,901	-495
	2,729	1,526	1,203
	1,244	1,729	-485
	1,387	1,912	-525
	24,982	26,296	-1,314
	1,748	1,476	272
	3,059	3,089	-30
	1,882	2,120	-238
	1,278	1,322	-44
	1,448	1,351	97
	1,753	1,258	495
	1,193	558	635
	1,980	1,787	193
	1,315	1,469	-154
	1,686	1,952	-266
	1,478	1,206	272
	1,856	1,677	179
	4,491	2,877	1,614
	3,477	3,448	29
	1,714	1,355	359
	2,155	121	2,034
	2,615	2,771	-156
	1,421	1,148	273
	1,621	1,243	378
	14,565	14,534	31
	40,000	30,335	9,665
	25,745	9,887	15,858
	16,192	6,196	9,996
	33,670	25,592	8,078
	29,460	25,303	4,157
	30,342	20,526	9,816
	24,279	14,779	9,500
	11,046	8,382	2,664
	13,751	10,747	3,004
	2,863	2,163	700
	2,386	857	1,529
	5,963	5,851	112
	12,464	10,235	2,229
	7,252	2,958	4,294
	8,284	8,134	150
	15,718	9,676	6,042
	11,901	9,599	2,302
	26,429	32,212	-5,783
	78	73	5
	20,164	22,690	-2,526
	8,149	14,362	-6,213
	11,904	17,318	-5,414
	10,653	4,021	6,632
	389,033	390,000	-967
	101,828	100,000	1,828
	20,223	19,832	391
	12,930	11,240	1,690
	24,370	27,188	-2,818
	17,570	4,750	12,820
	965	738	227
	51,672	32,558	19,114
	24,368	27,378	-3,010
	7,734	20,185	-12,451
	9,543	25,497	-15,954
	11,711	9,893	1,818
	8,077	6,386	1,691
	6,517	5,225	1,292
	18,853	15,287	3,566
	20,538	5,981	14,557
	20,241	20,295	-54
	27,402	29,383	-1,981
	24,630	25,568	-938
	20,107	24,332	-4,225
	1,396	919	477
	4,849	2,174	2,675
	4,415	3,421	994
	796	704	92
	941	904	37
	5,622	4,315	1,307
	845	545	300
	1,084	1,073	11
	302	461	-159
	715	736	-21
	1,532	1,143	389
	513	481	32
	2,485	1,802	683
	1,342	895	447
	532	362	170
	697	637	60
	649	640	9
	333	414	-81
	462	440	22
	394	182	212
	2,048	1,724	324
	399	380	19
	689	681	8
	1,027	335	692
	835	953	-118
	427	427
	827	901	-74
	569	603	-34
	574	602	-28
	1,144	1,151	-7
	721	791	-70
	613	495	118
	1,136	675	461
	1,007	1,028	-21
	2,148	2,316	-168
	608	543	65
	785	1,023	-238
	600	176	424
	1,015	1,007	8
	1,585	1,200	385
	1,383	461	922
	1,738	1,573	165
	873	1,064	-191
	772	938	-166
	605	521	84
	327	338	-11
	463	478	-15
	867	748	119
	1,871	682	1,189
	1,843	1,769	74
	481	613	-132
	1,508	1,145	363
	569	422	147
	1,087	741	346
	852	882	-30
	576	447	129
	574	555	19
	7,715	5,987	1,728
	639	674	-35
	1,170	440	730
	861	449	412
	9,726	3,068	6,658
	782	951	-169
	652	407	245
	543	629	-86
	568	695	-127
	925	738	187
	913	1,030	-117
	900	707	193
	729	661	68
	491	450	41
	1,560	1,463	97
	694	699	-5
	950	804	146
	748	775	-27
	713	744	-31
	1,083	754	329
	1,846	1,724	122
	853	48	805
	634	414	220
	31,057	20,449	10,608
	4,508	4,693	-185
	33,607	36,533	-2,926
	23,353	16,418	6,935
	1,045	798	247
	7,059	7,409	-350
	17,192	12,481	4,711
	14,354	19,502	-5,148
	10,201	13,822	-3,621
	6,980	6,121	859
	18,017	20,302	-2,285
	20,418	19,852	566
	19,645	19,226	419
	10,614	9,859	755
	3,032	1,243	1,789
	16,575	15,146	1,429
	9,601	7,287	2,314
	7,988	4,042	3,946
	12,115	19,807	-7,692
	12,735	13,428	-693
	17,390	23,157	-5,767
	20,995	20,515	480
	23,892	23,359	533
	26,025	27,615	-1,590
	15,596	8,532	7,064
	20,088	15,576	4,512
	1,807	2,288	-481
	16,867	18,512	-1,645
	7,298	7,732	-434
	10,059	9,994	65
	15,029	15,064	-35
	9,590	7,668	1,922
	16,806	13,470	3,336
	5,679	4,641	1,038
	23,373	18,279	5,094
	6,821	5,365	1,456
	9	13	-4
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787
			523,787

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			-76,246
b			974
c			484
d			9,859
e			-3,942
			1,955
			493
			838
			1,332
			-1,045
			-4,911
			-1,322
			102
			605
			341
			-646
			-404
			-4,713
			146
			-28
			839
			-884
			-2,630
			-1,165
			1,506
			9,686
			7,389
			-412
			10,422
			-3,932
			9,453
			14,197
			91
			-11,995
			-3,027
			-584
			-18,547
			-14,436
			-2,479
			-67
			-6,275
			-12
			847
			49
			-8,260
			356
			1,235
			-6,263
			-168
			-8,038
			4,346
			-11,040
			-1,432
			345
			108
			3,453
			-4,269
			-3,010
			1,379
			-1,395
			2,750
			2,150
			292
			-57
			-583
			195
			195
			-111
			-67
			366
			505
			-476
			26
			1,797
			102
			-28
			462
			663
			-2
			148
			1,770
			426
			1,446
			-485
			-668
			87
			-10
			-45
			-139
			327
			861
			-314
			-533
			1,858
			105
			292
			23
			-136
			4,133
			1
			288
			-2,057
			66
			-21
			662
			2,687
			-321
			125
			162
			337
			186
			70
			-106
			2,908
			-773
			1,608
			402
			11,524
			-495
			1,203
			-485
			-525
			-1,314
			272
			-30
			-238
			-44
			97
			495
			635
			193
			-154
			-266
			272
			179
			1,614
			29
			359
			2,034
			-156
			273
			378
			31
			9,665
			15,858
			9,996
			8,078
			4,157
			9,816
			9,500
			2,664
			3,004
			700
			1,529
			112
			2,229
			4,294
			150
			6,042
			2,302
			-5,783
			5
			-2,526
			-6,213
			-5,414
			6,632
			-967
			1,828
			391
			1,690
			-2,818
			12,820
			227
			19,114
			-3,010
			-12,451
			-15,954
			1,818
			1,691
			1,292
			3,566
			14,557
			-54
			-1,981
			-938
			-4,225
			477
			2,675
			994
			92
			37
			1,307
			300
			11
			-159
			-21
			389
			32
			683
			447
			170
			60
			9
			-81
			22
			212
			324
			19
			8
			692
			-118

			-74
			-34
			-28
			-7
			-70
			118
			461
			-21
			-168
			65
			-238
			424
			8
			385
			922
			165
			-191
			-166
			84
			-11
			-15
			119
			1,189
			74
			-132
			363
			147
			346
			-30
			129
			19
			1,728
			-35
			730
			412
			6,658
			-169
			245
			-86
			-127
			187
			-117
			193
			68
			41
			97
			-5
			146
			-27
			-31
			329
			122
			805
			220
			10,608
			-185
			-2,926
			6,935
			247
			-350
			4,711
			-5,148
			-3,621
			859
			-2,285
			566
			419
			755
			1,789
			1,429
			2,314
			3,946
			-7,692
			-693
			-5,767
			480
			533
			-1,590
			7,064
			4,512
			-481
			-1,645
			-434
			65
			-35
			1,922
			3,336
			1,038
			5,094
			1,456
			-4

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	582,943
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 .........................		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.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	11,675
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	11,675
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	11,675
6	Credits/Payments:

a	2025 estimated tax payments and 2024 overpayment credited to 2025	6a	2,960
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ..........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	2,960
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. List of Attached Documents: // Content		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	8,715
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)

Page 4

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. $ (2) On foundation managers.$

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers.$

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

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? ................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website addressN/A

The books are in care ofBNY MELLON NA Telephone no. (212) 922-6636

Located atPO BOX 185PITTSBURGHPA ZIP+4152300185

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 ........

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)

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

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)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........

1a(3)

(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)

(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)

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 ..........

Organizations relying on a current notice regarding disaster assistance check here ........

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? .............

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)):

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?....................

If "Yes," list the years 20, 20, 20, 20

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.) ..............

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

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

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.).....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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? ..

Form 990-PF (2025)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(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)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

(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)

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 ........

Organizations relying on a current notice regarding disaster assistance check .........

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? .................

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

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? .........................

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-)
RICHARD KOSKEY	CO-TRUSTEE 1	13,861
502 UNION STREET HUDSON,NY152322816	CO-TRUSTEE 1	13,861
BNY MELLON N A	TRUSTEE 1	0
PO BOX 185 PITTSBURGH,PA152300185	TRUSTEE 1	0

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)

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 arrow

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)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

10,645,440

Average of monthly cash balances.......................

263,066

Fair market value of all other assets (see instructions)................

Total (add lines 1a, 1b, and 1c).......................

10,908,506

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

10,908,506

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

instructions) .............................

163,628

Net value of noncharitable-use assets. Subtract line 4 from line 3. ............

10,744,878

Minimum investment return. Enter 5% (0.05) of line 5 ................

537,244

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.)

Minimum investment return from Part IX, line 6..................

537,244

Tax on investment income for 2025 from Part V, line 5 .......

11,675

Income tax for 2025. (This does not include the tax from Part V.) ...

Add lines 2a and 2b............................

11,675

Distributable amount before adjustments. Subtract line 2c from line 1............

525,569

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

525,569

Deduction from distributable amount (see instructions) .................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...

525,569

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, line 26, column (d) ..........

474,315

Program-related investments—total from Part VIII-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......

474,315

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					525,569
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only.......				468,020
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: $ 474,315
a Applied to 2024, but not more than line 2a				468,020
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.....					6,295
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 ..........					519,274
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)

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 4942(j)(3) or4942(j)(5)

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	(e) Total

b 85% (0.85) of line 2a .......
c Qualifying distributions from Part XI, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, 3b, or 3c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part IX, line 6 for each year listed ..
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XIV

Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

NONE

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

NONE

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, 2b, 2c, and 2d. See instructions

aThe name, address, and telephone number or email address of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Form 990-PF (2025)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
NATIONAL AUDUBORN SOCIETY INC 225 VARICK STREET NEW YORK,NY10004	NONE		GENERAL OPERATING	468,020
Total ................................. 3a				468,020

bApproved for future payment

Total ................................. 3b

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	(e) Related or exempt function income (See instructions.)
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	272,464
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	582,943
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) ..				855,407

13Total. Add line 12, columns (b), (d), and (e)..................

855,407

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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. Yes No
	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

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
91324P102 UNITED HEALTH GROUP	AT COST	23,103	37,302
037833100 APPLE INC	AT COST	112,065	284,909
05569M301 BNY MELLON INCOME ST
05569M509 BNY MELLON M/C MULTI	AT COST	532,089	89,524
929089100 VOYA FINANCIAL INC	AT COST	28,665	39,107
46625H100 J P MORGAN CHASE & C	AT COST	33,510	97,633
026874784 AMERICAN INTERNATION	AT COST	7,110	23,099
05569M855 BNY MELLON EMERGING	AT COST	388,533	454,204
05569M871 BNY MELLON INTERNATI	AT COST	140,913	273,089
594918104 MICROSOFT CORPORATIO	AT COST	118,003	350,625
02079K305 ALPHABET INC/CA-CL A	AT COST	53,017	304,862
060505104 BANK OF AMERICA CORP	AT COST	55,160	80,300
023135106 AMAZON COM INC	AT COST	90,358	237,514
05589K400 BNYM FLTNG RT INC-Y	AT COST	52,724	52,385
05587K857 BNYM INTL STCK-Y	AT COST	154,692	230,061
05588E850 BNY MELLON HIGH YIEL	AT COST	60,708	56,550
912828J27 U S TREASURY NOTE
91159HHM5 U S BANCORP 3.1% 4
780082AD5 ROYAL BANK OF CANADA
9128284N7 UNITED STATES TREAS	AT COST	77,309	73,931
00206RGL0 A T & T INC	AT COST	24,568	25,011
12572Q105 CME GROUP INC	AT COST	20,600	31,677
912828V98 UNITED STATES TREAS
20030NCA7 COMCAST CORP
95000U2D4 WELLS FARGO & CO
035240AQ3 ANHEUSER-BUSCH INBEV	AT COST	26,011	25,504
05588F709 BNY MELLON DEVELOPED	AT COST	89,409	101,977
05588D753 BNY MELLON INTL EQTY	AT COST	93,808	102,653
21684AAF3 COOPERATIEVE RABOBAN	AT COST	24,014	24,943
86562MAF7 SUMITOMO MITSUI FINL
78462F103 SPDR S&P 500 ETF TRU	AT COST	68,363	197,757
87234N765 TCW EMERGING MARKETS	AT COST	121,737	108,134
912828Z94 UNITED STATES TREAS	AT COST	62,796	55,111
464287655 ISHARES RUSSELL 2000	AT COST	229,427	280,622
G8994E103 TRANE TECHNOLOGIES P	AT COST	2,279	36,585
172967ME8 CITIGROUP INC	AT COST	29,147	24,774
693475AW5 PNC FINANCIAL SERVIC
68389XBU8 ORACLE CORP	AT COST	26,683	24,504
10373QAE0 B P CAP MARKETS AMER	AT COST	28,428	25,161
437076CB6 HOME DEPOT INC 2.7%	AT COST	26,413	23,639
377372AN7 GLAXOSMITHKLINE CAP	AT COST	23,468	20,016
91282CCB5 UNITED STATES TREAS	AT COST	45,457	40,316
91282CFK2 WI TREASURY SEC.
91282CFL0 U S TREASURY NOTE	AT COST	59,817	60,518
91282CEP2 U S TRESURY NOTE	AT COST	48,208	47,145
482480AL4 K L A CORP	AT COST	21,045	20,291
13607HR61 CANADIAN IMPERIAL BA	AT COST	24,248	24,873
91282CFM8 U S TREASURY NOTE	AT COST	76,010	75,803
517834107 LAS VEGAS SANDS CORP	AT COST	25,168	46,865
464288273 ISHARES MSCI EAFE SM	AT COST	271,718	289,962
00206R102 AT&T INC	AT COST	15,588	23,350
020002101 ALLSTATE CORP COM
016255101 ALIGN TECHNOLOGY INC
038222105 APPLIED MATERIALS IN	AT COST	19,069	35,979
04621X108 ASSURANT INC	AT COST	49,625	56,118
075887109 BECTON DICKINSON AND
084670702 BERKSHIRE HATHAWAY I	AT COST	77,735	112,594
16679L109 CHEWY INC - CLASS A	AT COST	17,066	31,067
17275R102 CISCO SYSTEMS INC	AT COST	58,646	87,044
21037T109 CONSTELLATION ENERGY	AT COST	16,061	50,871
22160N109 COSTAR GROUP INC	AT COST	36,025	29,586
235851102 DANAHER CORP COMMON
24422EWR6 JOHN DEERE CAPITAL C	AT COST	20,399	20,383
25746U109 DOMINION ENERGY INC	AT COST	32,568	39,255
30303M8G0 META PLATFORMS INC	AT COST	24,256	24,951
35671D857 FREEPORT-MCMORAN INC	AT COST	43,711	49,774
404280DZ9 HSBC HOLDINGS PLC	AT COST	24,909	25,263
443573100 HUBSPOT INC	AT COST	34,572	26,085
452327109 ILLUMINA INC	AT COST	33,729	29,773
46120E602 INTUITIVE SURGICAL I	AT COST	17,954	27,185
464287507 ISHARES CORE S&P MID	AT COST	817,483	871,200
46647PDH6 JPMORGAN CHASE & CO	AT COST	24,424	25,468
56585A102 MARATHON PETROLEUM C	AT COST	20,248	22,118
61747YFA8 MORGAN STANLEY	AT COST	25,378	25,521
64110L106 NETFLIX COM INC	AT COST	20,780	38,442
651639106 NEWMONT CORPORATION	AT COST	16,166	35,946
67066G104 NVIDIA CORP	AT COST	66,776	471,472
716973AE2 PFIZER INVESTMENT EN	AT COST	23,806	25,265
759916109 REPLIGEN CORP	AT COST	28,254	29,823
78009PEH0 ROYAL BANK OF SCOTLA	AT COST	23,418	25,553
80105N105 SANOFI-SYNTHELABO
803607100 SAREPTA THERAPEUTICS
852234103 BLOCK INC
87612EBP0 TARGET CORP	AT COST	20,016	20,198
89115A2S0 TORONTO-DOMINION BAN
89788MAN2 TRUIST FINANCIAL COR
90353T100 UBER TECHNOLOGIES IN
91282CFV8 U S TREASURY N/B	AT COST	31,580	30,344
91282CGE5 WI TREASURY SECURITY
91282CGH8 U S TREASURY NOTE	AT COST	63,549	65,013
91282CHC8 US TREASURY N/B	AT COST	29,580	28,841
91282CHR5 UNITED STATES TREAS	AT COST	44,509	45,572
91282CJJ1 U S ETREASURY NOTE	AT COST	20,892	20,651
92338C103 VERALTO CORP-W/I	AT COST	32,767	38,814
92343VEU4 VERIZON COMMUNICATIO	AT COST	24,059	24,810
G25508105 CRH PLC	AT COST	21,359	47,549
G7496G103 RENAISSANCERE HLDGS
031100100 AMETEK INC NEW	AT COST	42,897	49,890
05569M780 BNY MELLON S/T US GV
06051GKP3 BANK OF AMERICA CORP	AT COST	24,767	25,100
06738ECP8 BARCLAYS PLC	AT COST	20,011	20,356
071813109 BAXTER INTL INC COM
09073M104 BIO-TECHNE CORP
110122108 BRISTOL-MYERS SQUIBB	AT COST	24,934	24,812
110122EG9 BRISTOL-MYERS SQUIBB	AT COST	20,970	20,825
20825C104 CONOCOPHILLIPS
22550L2K6 CREDIT SUISSE NEW YO
251526CS6 DEUTSCHE BANK NY 6.7	AT COST	20,616	20,939
25278X109 DIAMONDBACK ENERGY I	AT COST	29,997	31,720
254687106 WALT DISNEY CO/THE	AT COST	53,219	53,586
26884L109 E Q T CORP	AT COST	27,294	43,416
320517105 FIRST HORIZON NATL C	AT COST	21,304	33,699
36828A101 GE VERNOVA LLC	AT COST	6,849	25,489
37045V100 GENERAL MOTORS CO
375558103 GILEAD SCIENCES INC	AT COST	46,661	56,706
38141G104 GOLDMAN SACHS GROUP	AT COST	41,663	91,416
38141GWZ3 GOLDMAN SACHS GROUP	AT COST	24,128	25,052
443201108 HOWMET AEROSPACE INC	AT COST	20,895	64,991
443510607 HUBBELL INC COM	AT COST	64,635	75,943
45687V106 INGERSOLL RAND INC
458140CG3 INTEL CORP	AT COST	20,078	20,378
460146103 INTERNATIONAL PAPER	AT COST	30,383	25,604
464287804 ISHARES CORE S&P SMA	AT COST	155,584	174,261
49177J102 KENVUE INC
502431109 L3HARRIS TECHNOLOGIE	AT COST	48,539	66,053
504922105 LABCORP HOLDINGS INC
53944YAX1 LLOYDS BANKING GROUP	AT COST	20,851	21,056
550021109 LULULEMON ATHLETICA
59156R108 METLIFE INC
60937P106 MONGODB INC
681919106 OMNICOM GROUP INC	AT COST	43,658	37,145
718172109 PHILIP MORRIS INTERN
718546104 PHILLIPS 66	AT COST	30,024	24,647
722304102 PINDUODUO INC-ADR
776696106 ROPER TECHNOLOGIES I
822905AB1 SHELL FINANCE US INC	AT COST	26,308	23,706
88579Y101 3M CO
902973304 US BANCORP DEL
91282CGB1 US TREASURY N/B	AT COST	20,157	20,170
91282CJF9 UNITED STATES TREAS	AT COST	71,542	72,480
91282CJX0 U S TREASURY NOTES	AT COST	39,224	40,461
91282CJZ5 U S TREASURY NOTE	AT COST	19,540	19,938
91282CKR1 U S TREASURY BOND	AT COST	70,344	70,930
91282CLD1 U S TREASURY NOTE	AT COST	40,793	40,650
91282CLF6 U S TREASURY NOTE	AT COST	19,410	19,692
98978V103 ZOETIS INC
G0403H108 AON PLC/IRELAND A	AT COST	30,747	33,876
G51502105 JOHNSON CTLS INTL PL
G5960L103 MEDTRONIC PLC	AT COST	70,769	79,730
H01301128 ALCON INC	AT COST	41,272	36,253
V7780T103 ROYAL CARIBBEAN CRUI
05464C101 AXON ENTERPRISE INC	AT COST	32,543	31,804
05569M368 BNY MELLON CORP BOND	AT COST	100,000	99,602
05613H308 B N Y MLN ENHNC DVD	AT COST	118,343	84,108
06368LGV2 BANK OF MONTREAL	AT COST	20,497	20,507
08265T208 BENTLEY SYSTEMS INC	AT COST	27,353	22,517
11135F101 BROADCOM INC	AT COST	91,737	122,173
126408103 C S X CORP	AT COST	32,190	36,613
14040H105 CAPITAL ONE FINANCIA	AT COST	26,760	36,354
147528103 CASEYS GENERAL STORE	AT COST	27,998	27,636
20030NEJ6 COMCAST CORP	AT COST	25,989	25,765
200340107 COMERICA INC	AT COST	26,456	33,903
231021106 CUMMINS ENGINE INC	AT COST	21,791	26,033
247361702 DELTA AIR LINES INC	AT COST	24,118	27,760
25659T107 DOLBY LABORATORIES I	AT COST	32,190	26,330
260003108 DOVER CORPORATION	AT COST	32,722	36,510
291011104 EMERSON ELECTRIC COM	AT COST	36,870	36,365
30231G102 EXXON MOBIL CORP	AT COST	61,616	64,743
30303M102 META PLATFORMS INC	AT COST	111,190	104,954
345370860 FORD MOTOR CO DEL	AT COST	22,698	27,421
444859102 HUMANA INC	AT COST	52,962	50,714
45168D104 IDEXX LABS INC	AT COST	18,738	24,355
464287457 ISHARES 1-3 YEAR TRE	AT COST	413,599	414,100
46432F842 ISHARES CORE MSCI EA	AT COST	383,508	432,092
478160104 JOHNSON & JOHNSON	AT COST	81,786	103,889
518439104 ESTEE LAUDER COMPANI	AT COST	51,822	58,643
57636Q104 MASTERCARD INC	AT COST	32,162	33,111
680223104 OLD REPUBLIC INTERNA	AT COST	37,154	37,425
693475BM6 PNC FINANCIAL SERVI	AT COST	25,247	25,578
717081103 PFIZER INC	AT COST	30,520	28,884
78017DAC2 ROYAL BK CDA	AT COST	25,319	25,738
808513105 SCHWAB CHARLES CORP	AT COST	18,450	24,978
81762P102 SERVICENOW INC	AT COST	47,801	36,766
82509L107 SHOPIFY INC-A W/I	AT COST	16,696	26,077
86562MDN7 SUMITOMO MITSUI FINL	AT COST	25,563	26,164
871607107 SYNOPSYS INC	AT COST	51,610	58,715
882508104 TEXAS INSTRUMENTS IN	AT COST	26,212	25,330
883556102 THERMO FISHER SCIENT	AT COST	79,735	88,656
89115A2E1 TORONTO-DOMINION BAN	AT COST	19,785	19,961
89788MAP7 TRUIST FINL CORP	AT COST	21,294	21,282
91159HJG6 US BANCORP	AT COST	24,105	25,188
91282CKB6 U S TREASURY NOTES	AT COST	60,255	60,078
91282CKG5 U S TREAS 3/31/2029	AT COST	20,150	20,331
91282CLY5 U S TREADURY NOTE	AT COST	64,899	65,398
91282CMM0 U S TREASURY NOTE	AT COST	35,830	36,330
91282CPJ4 U S ETREASURY NOTE	AT COST	24,856	24,641
95000U3P6 WELLS FARGO & COMPAN	AT COST	20,089	20,710
L8681T102 SPOTIFY TECHNOLOGY S	AT COST	31,282	31,358

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
STATE INCOME TAXES - PRINCIPAL	750	0		750
INVESTMENT EXPENSES-DIVIDEND I	3	3		0

Category	Amount	Net Investment Income
FOREIGN TAXES	6,544	6,544
FEDERAL TAX PAYMENT - PRIOR YE	1,319	0
FEDERAL ESTIMATES - PRINCIPAL	2,960	0
FOREIGN TAXES ON NONQUALIFIED	621	621

Description	Amount
MUTUAL FUND TIMING ADJ	1,026
PY PURCHASE OF ACCRUED INTEREST	990