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
LISZ FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address) PO BOX 803878
  Room/suite
City or town
CHICAGO
State or province
IL
Country  
ZIP or foreign postal code
60680
A Employer identification number

59-2401804
B Telephone number (see instructions)

3126306000
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)$1,939,167J 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... 48,367 48,367  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 36,684
b Gross sales price for all assets on line 6a 672,240
7 Capital gain net income (from Part IV, line 2)... 36,684
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
731    
12 Total. Add lines 1 through 11........ 85,782 85,051  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0    
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,750 875 0 875
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
9,964 5,097   4,867
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
807 807   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
61     61
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 12,582 6,779 0 5,803
25 Contributions, gifts, grants paid....... 81,800 81,800
26 Total expenses and disbursements. Add lines 24 and 25 ................ 94,382 6,779 0 87,603
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -8,600
b Net investment income (if negative, enter -0-) 78,272
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............. 60,607    
2 Savings and temporary cash investments.........   95,229 95,229
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)....... 1,011,116 Click to see attachment
List of Attached Documents:
// Content
1,127,074 		1,509,867
c Investments—corporate bonds (attach schedule)....... 425,715 Click to see attachment
List of Attached Documents:
// Content
312,997 		315,414
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........     0
14 Land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
15 Other assets (describe ) Click to see attachment
List of Attached Documents:
// Content
64,361 		Click to see attachment
List of Attached Documents:
// Content
17,895 		Click to see attachment
List of Attached Documents:
// Content
18,657
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,561,799 1,553,195 1,939,167
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe )    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 1,561,799 1,553,195
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 1,561,799 1,553,195
30 Total liabilities and net assets/fund balances (see instructions). 1,561,799 1,553,195
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
1,561,799
2
Enter amount from Part I, line 27a .....................
2
-8,600
3
Other increases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
3
296
4
Add lines 1, 2, and 3 ..........................
4
1,553,495
5
Decreases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
5
300
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
1,553,195
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 8. AGILENT TECHNOLOGIES INC   2024-01-03 2025-05-09
b 8. AGILENT TECHNOLOGIES INC   2024-05-09 2025-11-11
c 7. AIRBNB INC CL A COM USD0.0001 CL A   2025-04-10 2025-05-09
d 7. AIRBNB INC CL A COM USD0.0001 CL A   2025-08-13 2025-11-11
e 15. ALPHABET INC CAP STK USD0.001 CL C   2023-12-11 2025-05-09
57. ALPHABET INC CAP STK USD0.001 CL C   2024-05-09 2025-05-21
52. ALPHABET INC CAP STK USD0.001 CL C   2021-06-10 2025-06-25
7. ALPHABET INC CAP STK USD0.001 CL C   2021-06-10 2025-11-11
10. AMAZON COM INC   2024-03-14 2025-05-09
6. AMAZON COM INC   2024-05-09 2025-11-11
9. ANALOG DEVICES INC   2023-12-07 2025-05-09
34. ANALOG DEVICES INC   2024-05-09 2025-06-06
4. ANALOG DEVICES INC   2018-04-20 2025-11-11
2. ELEVANCE HEALTH INC   2024-01-11 2025-05-09
16. ELEVANCE HEALTH INC   2025-03-13 2025-08-01
21. ELEVANCE HEALTH INC   2024-05-09 2025-08-01
23. BERKSHIRE HATHAWAY INC COM USD0.0033 CLASS'B'   2023-12-07 2025-04-09
12. BERKSHIRE HATHAWAY INC COM USD0.0033 CLASS'B'   2021-06-10 2025-04-10
9. BERKSHIRE HATHAWAY INC COM USD0.0033 CLASS'B'   2025-03-13 2025-05-05
23. BERKSHIRE HATHAWAY INC COM USD0.0033 CLASS'B'   2021-06-10 2025-05-05
16. BROOKFIELD CORP VTG SHS CL A   2021-06-10 2025-05-09
.5 BROOKFIELD CORP VTG SHS CL A   2024-05-09 2025-10-10
19. BROOKFIELD CORP VTG SHS CL A   2024-05-09 2025-11-11
1. CDW CORP COM   2025-04-09 2025-05-09
3. CDW CORP COM   2025-05-23 2025-11-11
17. COPART INC   2023-12-07 2025-05-09
13. COPART INC   2024-05-09 2025-11-11
5. DANAHER CORP   2023-12-07 2025-05-09
7. DANAHER CORP   2024-05-09 2025-11-11
2. DEERE & CO   2025-03-13 2025-05-09
7. FERGUSON ENTERPRISES INC USD0.0001   2023-12-07 2025-05-09
6. FERGUSON ENTERPRISES INC USD0.0001   2024-09-16 2025-11-11
10. FISERV INC   2023-12-07 2025-05-09
87. FISERV INC   2024-05-09 2025-05-15
92. FISERV INC   2025-09-11 2025-10-29
98. FISERV INC   2020-03-20 2025-10-29
428.00014 MFC FLEXSHARES TR MORNINGSTAR GLOBAL UPSTREAM NAT RES INDEX   2023-06-08 2025-01-16
34.99986 MFC FLEXSHARES TR MORNINGSTAR GLOBAL UPSTREAM NAT RES INDEX F   2023-06-08 2025-01-16
2. MFC FLEXSHARES TR MORNINGSTAR GLOBAL UPSTREAM NAT RES INDEX FD   2023-06-08 2025-03-13
14. MFC FLEXSHARES TR MORNINGSTAR GLOBAL UPSTREAM NAT RES INDEX FD   2024-03-14 2025-05-09
12. MFC FLEXSHARES TR MORNINGSTAR GLOBAL UPSTREAM NAT RES INDEX FD   2024-03-14 2025-09-11
43. MFC FLEXSHARES TR MORNINGSTAR GLOBAL UPSTREAM NAT RES INDEX FD   2024-03-14 2025-11-11
6. MFC FLEXSHARES TR IBOXX 3 YR TARGET DURATION TIPS INDEX FD TR IBOXX   2022-03-10 2025-03-13
237. MFC FLEXSHARES TR IBOXX 3 YR TARGET DURATION TIPS INDEX FD TR IBO   2022-03-10 2025-04-08
599. MFC FLEXSHARES TR IBOXX 3 YR TARGET DURATION TIPS INDEX FD TR IBO   2025-05-09 2025-09-11
647. MFC FLEXSHARES TR IBOXX 3 YR TARGET DURATION TIPS INDEX FD TR IBO   2024-05-09 2025-09-11
81. MFC FLEXSHARES TR IBOXX 3 YR TARGET DURATION TIPS INDEX FD TR IBOX   2025-05-09 2025-11-11
.2 GCI LIBERTY INC COM USD0.01 SER C   2025-07-15 2025-07-15
28. GCI LIBERTY INC COM USD0.01 SER C   2025-07-15 2025-07-28
3. GARTNER GROUP INC NEW CL A   2025-06-27 2025-11-11
137.99853 MFC ISHARES TRUST CORE US AGGREGATE BD ETF   2024-01-11 2025-01-16
28.00147 MFC ISHARES TRUST CORE US AGGREGATE BD ETF   2023-06-08 2025-01-16
111. MFC ISHARES TRUST CORE US AGGREGATE BD ETF   2023-06-08 2025-02-13
22. MFC ISHARES TRUST CORE US AGGREGATE BD ETF   2023-08-10 2025-03-13
40. MFC ISHARES TRUST CORE US AGGREGATE BD ETF   2023-08-10 2025-11-11
8. KEYSIGHT TECHNOLOGIES INC COM   2025-03-13 2025-05-09
5. KEYSIGHT TECHNOLOGIES INC COM   2024-07-17 2025-11-11
7. LIBERTY BROADBAND CORP COM SER C COM SERC   2021-06-10 2025-05-09
13. LIBERTY BROADBAND CORP COM SER C COM SERC   2025-03-13 2025-08-01
128. LIBERTY BROADBAND CORP COM SER C COM SERC   2024-05-09 2025-08-01
4. LOWES COMPANIES INC   2023-12-07 2025-05-09
5. LOWES COMPANIES INC   2024-09-12 2025-11-11
1. MSCI INC COM USD0.01   2025-09-11 2025-11-11
4. MARSH & MCLENNAN COS INC   2023-12-07 2025-05-09
4. MARSH & MCLENNAN COS INC   2024-09-12 2025-11-11
1. NIKE INC CLASS B   2022-04-12 2025-01-16
7. NIKE INC CLASS B   2022-04-12 2025-05-09
23. NIKE INC CLASS B   2025-09-11 2025-10-01
122. NIKE INC CLASS B   2024-07-01 2025-10-01
198. NORTHERN FUNDS SM CAP CORE FD CL K   2022-02-25 2025-05-09
20. NORTHERN FUNDS SM CAP CORE FD CL K   2024-05-09 2025-09-11
137. NORTHERN FUNDS SM CAP CORE FD CL K   2024-05-09 2025-11-10
5. MFB NORTHERN MULTI MANAGER GLOBAL LISTEDINFRASTRUCTURE FUND   2022-06-09 2025-03-13
1934. MFB NORTHERN MULTI MANAGER GLOBAL LISTEDINFRASTRUCTURE FUND   2022-06-09 2025-04-08
337. MFB NORTHERN MULTI MANAGER GLOBAL LISTEDINFRASTRUCTURE FUND   2024-09-12 2025-11-10
2394.22284 MFB NORTHERN FUNDS MULTI MANAGER HIGH YIELD OPPORTUNITY FUN   2020-01-06 2025-01-16
797.77716 MFB NORTHERN FUNDS MULTI MANAGER HIGH YIELD OPPORTUNITY FUND   2015-10-20 2025-01-16
4179. MFB NORTHERN FUNDS MULTI MANAGER HIGH YIELD OPPORTUNITY FUND   2022-01-13 2025-03-13
2581. MFB NORTHERN FUNDS MULTI MANAGER HIGH YIELD OPPORTUNITY FUND   2022-02-25 2025-04-08
3540. MFB NORTHERN FUNDS MULTI MANAGER HIGH YIELD OPPORTUNITY FUND   2022-04-07 2025-05-09
87. MFB NORTHERN FUNDS MULTI MANAGER HIGH YIELD OPPORTUNITY FUND   2020-06-18 2025-09-11
540. MFB NORTHERN FUNDS MULTI MANAGER HIGH YIELD OPPORTUNITY FUND   2020-06-18 2025-11-10
56. MFB NORTHN FDS MULTI-MANAGER EMERGING MKTS EQTY FD   2024-01-11 2025-01-16
28. MFB NORTHN FDS MULTI-MANAGER EMERGING MKTS EQTY FD   2024-01-11 2025-03-13
1377. MFB NORTHN FDS MULTI-MANAGER EMERGING MKTS EQTY FD   2024-03-14 2025-05-09
354. MFB NORTHN FDS MULTI-MANAGER EMERGING MKTS EQTY FD   2024-05-09 2025-11-10
3. MFB NORTHERN FDS GLOBAL REAL ESTATE INDEX FD   2019-12-09 2025-03-13
2002. MFB NORTHERN FDS GLOBAL REAL ESTATE INDEX FD   2024-03-14 2025-04-08
77. MFB NORTHERN FDS GLOBAL REAL ESTATE INDEX FD   2024-03-14 2025-05-09
1276.58 MFB NORTHERN FDS GLOBAL REAL ESTATE INDEX FD   2024-09-12 2025-06-12
2403.42 MFB NORTHERN FDS GLOBAL REAL ESTATE INDEX FD   2024-03-14 2025-06-12
80. MFB NORTHERN FDS GLOBAL REAL ESTATE INDEX FD   2024-09-12 2025-11-10
322. MFB NORTHN MULTI-MANAGER INTL EQTY FD FD   2024-03-14 2025-04-18
1759. MFB NORTHN MULTI-MANAGER INTL EQTY FD FD   2024-03-14 2025-05-09
177. MFB NORTHN MULTI-MANAGER INTL EQTY FD FD   2024-05-09 2025-06-12
1314. MFB NORTHN MULTI-MANAGER INTL EQTY FD FD   2024-05-09 2025-09-11
1131. MFB NORTHN MULTI-MANAGER INTL EQTY FD FD   2024-05-09 2025-11-10
629.001 MFB NORTHERN FDS FIXED INCOME FD   2020-05-18 2025-01-16
118.999 MFB NORTHERN FDS FIXED INCOME FD   2020-05-18 2025-01-16
568. MFB NORTHERN FDS FIXED INCOME FD   2020-05-18 2025-02-13
6. MFB NORTHERN FDS FIXED INCOME FD   2020-05-18 2025-03-13
188. MFB NORTHERN FDS FIXED INCOME FD   2022-04-04 2025-11-10
13. PACCAR INC   2023-12-07 2025-05-09
9. PACCAR INC   2024-05-09 2025-11-11
2. PARKER HANNIFIN CORP   2023-12-07 2025-05-09
2. PARKER HANNIFIN CORP   2024-05-09 2025-11-11
5. PROGRESSIVE CORP OHIO   2023-12-07 2025-05-09
5. PROGRESSIVE CORP OHIO   2024-05-09 2025-11-11
1. CHARLES SCHWAB CORP NEW   2024-01-11 2025-01-16
9. CHARLES SCHWAB CORP NEW   2024-01-11 2025-05-09
8. CHARLES SCHWAB CORP NEW   2024-05-09 2025-11-11
7. STARBUCKS CORP   2024-04-19 2025-05-09
8. STARBUCKS CORP   2024-04-19 2025-11-11
5. TJX COS INC NEW   2023-12-07 2025-05-09
3. TJX COS INC NEW   2024-05-09 2025-11-11
10. TEXAS INSTRUMENTS INC   2023-07-20 2025-05-09
7. TEXAS INSTRUMENTS INC   2024-05-09 2025-11-11
67. US BANCORP DEL NEW   2025-01-16 2025-02-10
379. US BANCORP DEL NEW   2024-01-11 2025-02-10
5. MFO VANGUARD INFLATION PROTECTED SECURITIES FUND ADMIRAL   2022-03-10 2025-03-13
181. MFO VANGUARD INFLATION PROTECTED SECURITIES FUND ADMIRAL   2022-03-10 2025-04-08
464.37 MFO VANGUARD INFLATION PROTECTED SECURITIES FUND ADMIRAL   2025-05-09 2025-09-11
420.63 MFO VANGUARD INFLATION PROTECTED SECURITIES FUND ADMIRAL   2024-05-09 2025-09-11
54. MFO VANGUARD INFLATION PROTECTED SECURITIES FUND ADMIRAL   2024-12-12 2025-11-11
4. VISA INC CLASS A SHARES   2023-12-07 2025-05-09
3. VISA INC CLASS A SHARES   2024-05-09 2025-11-11
1. WORKDAY INC CL A COM USD0.001   2025-10-21 2025-11-11
3. ARCH CAP GROUP LTD ORD   2023-12-07 2025-01-16
21. ARCH CAP GROUP LTD ORD   2023-12-07 2025-05-09
20. ARCH CAP GROUP LTD ORD   2024-05-09 2025-11-11
3. ACCENTURE PLC CLS A   2023-12-07 2025-05-09
2. ACCENTURE PLC CLS A   2024-05-09 2025-11-11
3. ALCON AG COM USD0.04 WI   2023-12-07 2025-01-16
16. ALCON AG COM USD0.04 WI   2023-12-07 2025-05-09
160. ALCON AG COM USD0.04 WI   2024-05-09 2025-08-13
8. ALCON AG COM USD0.04 WI   2021-06-10 2025-11-11
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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    
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 861   1,013 -152
b 1,182   1,154 28
c 882   781 101
d 857   872 -15
e 2,313   2,007 306
9,855   8,607 1,248
8,881   6,535 2,346
2,026   880 1,146
1,923   1,714 209
1,489   1,145 344
1,870   1,491 379
7,557   4,201 3,356
937   359 578
811   943 -132
4,416   6,329 -1,913
5,795   9,818 -4,023
11,823   6,873 4,950
6,161   3,452 2,709
4,638   4,016 622
11,852   6,617 5,235
908   648 260
25   15 10
877   561 316
180   159 21
425   546 -121
1,047   813 234
538   719 -181
957   1,088 -131
1,498   1,618 -120
986   908 78
1,200   970 230
1,517   1,301 216
1,843   1,215 628
13,889   8,980 4,909
6,757   15,705 -8,948
7,197   7,958 -761
16,234   12,915 3,319
1,328   1,429 -101
76   79 -3
537   559 -22
522   479 43
1,915   1,717 198
145   158 -13
5,728   6,218 -490
14,608   14,473 135
15,779   16,078 -299
1,961   1,940 21
7   6 1
944   892 52
693   1,223 -530
13,373   13,557 -184
2,714   2,750 -36
10,795   10,898 -103
2,162   2,141 21
4,016   3,859 157
1,233   1,247 -14
913   735 178
653   1,133 -480
783   1,015 -232
7,709   19,644 -11,935
891   831 60
1,172   1,193 -21
580   575 5
910   782 128
723   842 -119
71   125 -54
411   882 -471
1,704   1,713 -9
9,036   10,745 -1,709
4,627   5,443 -816
551   564 -13
3,761   3,865 -104
61   62 -1
22,608   24,117 -1,509
4,765   4,368 397
20,207   22,705 -2,498
6,733   7,587 -854
35,062   39,272 -4,210
21,009   23,526 -2,517
29,701   31,290 -1,589
744   755 -11
4,568   4,687 -119
828   766 62
419   383 36
21,523   18,958 2,565
6,942   5,183 1,759
28   34 -6
17,397   21,191 -3,794
758   719 39
12,919   13,404 -485
24,323   21,356 2,967
833   840 -7
3,648   3,954 -306
21,319   21,601 -282
2,297   2,204 93
18,081   16,359 1,722
15,811   13,901 1,910
5,523   6,523 -1,000
1,045   1,234 -189
5,015   5,890 -875
53   62 -9
1,707   1,875 -168
1,182   1,239 -57
892   978 -86
1,290   870 420
1,709   1,116 593
1,429   745 684
1,098   1,072 26
75   65 10
761   536 225
771   608 163
567   612 -45
692   699 -7
641   446 195
438   297 141
1,723   1,812 -89
1,130   1,292 -162
3,128   3,045 83
17,694   20,778 -3,084
116   142 -26
4,183   5,019 -836
11,080   10,778 302
10,036   10,205 -169
1,275   1,252 23
1,412   966 446
1,005   831 174
226   242 -16
285   236 49
1,986   1,580 406
1,809   1,993 -184
927   1,007 -80
481   608 -127
251   216 35
1,538   1,138 400
13,862   11,463 2,399
617   552 65
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
      41,483
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       -152
b       28
c       101
d       -15
e       306
      1,248
      2,346
      1,146
      209
      344
      379
      3,356
      578
      -132
      -1,913
      -4,023
      4,950
      2,709
      622
      5,235
      260
      10
      316
      21
      -121
      234
      -181
      -131
      -120
      78
      230
      216
      628
      4,909
      -8,948
      -761
      3,319
      -101
      -3
      -22
      43
      198
      -13
      -490
      135
      -299
      21
      1
      52
      -530
      -184
      -36
      -103
      21
      157
      -14
      178
      -480
      -232
      -11,935
      60
      -21
      5
      128
      -119
      -54
      -471
      -9
      -1,709
      -816
      -13
      -104
      -1
      -1,509
      397
      -2,498
      -854
      -4,210
      -2,517
      -1,589
      -11
      -119
      62
      36
      2,565
      1,759
      -6
      -3,794
      39
      -485
      2,967
      -7
      -306
      -282
      93
      1,722
      1,910
      -1,000
      -189
      -875
      -9
      -168
      -57
      -86
      420
      593
      684
      26
      10
      225
      163
      -45
      -7
      195
      141
      -89
      -162
      83
      -3,084
      -26
      -836
      302
      -169
      23
      446
      174
      -16
      49
      406
      -184
      -80
      -127
      35
      400
      2,399
      65
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 36,684
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 1,088
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 1,088
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 1,088
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 1,308
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 1,308
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  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10 220
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax220 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)
FL
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2025 or the taxable year beginning in 2025? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website address  
14
The books are in care ofCHIA-MING SZE Telephone no. (617) 227-4577

Located at21 CLARK ST APT 711BROOKLYNNY ZIP+4112013657
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)
 
No
(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
 
 
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
CHIA-MING SZE CHAIRMAN
40 		0    
21 CLARK ST APT 711
BROOKLYN,NY11201
MAURICE WEI DIRECTOR
20 		0    
101 GRANDVIEW DRIVE
VERONA,PA15147
LISA WEI-HAAS DIRECTOR
20 		0    
304 E 29TH PLACE
TULSA,OK74114
DAVID SZE SECY/TREASURY
20 		0    
55 NEW PLACE RD
HILLSBOROUGH,CA94010
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
1,892,718
b
Average of monthly cash balances.......................
1b
0
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
1,892,718
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
1,892,718
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
28,391
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
1,864,327
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
93,216
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
93,216
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
1,088
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
1,088
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
92,128
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
92,128
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
92,128
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
87,603
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
87,603
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 92,128
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 81,634
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: $ 87,603
a Applied to 2024, but not more than line 2a 81,634
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..... 5,969
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 .......... 		86,159
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2020 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2021 .... 0
b Excess from 2022 .... 0
c Excess from 2023 .... 0
d Excess from 2024 .... 0
e Excess from 2025 .... 0
Form 990-PF (2025)
Form 990-PF (2025)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2025, enter the date of the ruling ......
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2025 (b) 2024 (c) 2023 (d) 2022
         
b 85% (0.85) of line 2a .......          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, 3b, or 3c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
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

YALE UNIVERSITY

YALE UNIVERSITY
NEW HAVEN,CT06520 		NONE   LI MING SCHOLARSHIP 20,300

UNIVERSITY OF PITTSBURGH
SCHOOL OF NURSING
4200 5TH AVENUE
PITTSBURGH,PA15260 		NONE   SZEMING SZE SCHOLARSHIP 20,400

EMMA WILLARD SCHOOL

285 PAWLING AVE
TROY,NY12180 		NONE   L.I.S.Z. FOUNDATION 10,200

CAMBRIDGE IN AMERICA

1120 AVENUE OF THE AMERICAS
NEW YORK,NY10036 		NONE   SZEMING SZE FUND 20,700

WELLESLEY COLLEGE

106 CENTRAL ST
WELLESLEY,MA02481 		NONE   ALICE TONG SZE SCHOLARSHIP 10,200
Total ................................. 3a 81,800
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 48,367  
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 36,684  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a990PF EXCISE TAX R 		    14 731  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   85,782  
13Total. Add line 12, columns (b), (d), and (e)..................
13
85,782
(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:
LISZ FOUNDATION INC
EIN:
59-2401804
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC 1,750 875   875

TY 2025 InvestmentsCorpBondsSchedule
Name:
LISZ FOUNDATION INC
EIN:
59-2401804
Name of Bond End of Year Book Value End of Year Fair Market Value
C665162442 MFB NORTHERN FUNDS 107,291 107,317
C665162806 MFB NORTHERN FUNDS 40,680 40,197
C922031737 MFO VANGUARD INFLAT 29,539 29,559
C33939L506 MFC FLEXSHARES TR T 44,910 45,353
C464287226 MFC ISHARES TRUST C 90,577 92,988

TY 2025 InvestmentsCorpStockSchedule
Name:
LISZ FOUNDATION INC
EIN:
59-2401804
Name of Stock End of Year Book Value End of Year Fair Market Value
C00846U101 AGILENT TECHNOLOGIE 20,497 23,540
C02079K107 ALPHABET INC CAP ST 27,852 70,291
C023135106 AMAZON COM INC COM 29,407 44,317
C032654105 ANALOG DEVICES INC 11,259 25,493
C036752103 ELEVANCE HEALTH INC    
C084670702 BERKSHIRE HATHAWAY    
C11271J107 BROOKFIELD CORP VTG 17,190 26,479
C217204106 COPART INC COM 16,644 18,244
C235851102 DANAHER CORP COM 28,660 31,820
C244199105 DEERE & CO COM 14,988 18,157
C31488V107 FERGUSON ENTERPRISE 27,082 36,734
C337738108 FISERV INC COM    
C49338L103 KEYSIGHT TECHNOLOGI 23,811 34,136
C530307305 LIBERTY BROADBAND C    
C548661107 LOWES COS INC COM 17,293 29,180
C571748102 MARSH & MCLENNAN CO 14,104 16,882
C654106103 NIKE INC CL B    
C693718108 PACCAR INC COM 21,825 34,715
C701094104 PARKER-HANNIFIN COR 16,527 36,037
C743315103 PROGRESSIVE CORP OH 14,886 25,505
C808513105 SCHWAB CHARLES CORP 14,439 22,580
C855244109 STARBUCKS CORP COM 14,079 13,642
C872540109 TJX COS INC COM NEW 10,417 19,662
C882508104 TEXAS INSTRUMENTS I 32,258 31,402
C902973304 US BANCORP    
C92826C839 VISA INC COM CL A S 18,065 30,161
CG0450A105 ARCH CAPITAL GROUP 28,250 48,152
CG1151C101 ACCENTURE PLC CLS A 18,345 17,976
CH01301128 ALCON AG COM USD0.0 8,811 10,324
C33939L407 MFC FLEXSHARES TR M 25,238 42,136
C665162293 NORTHERN FUNDS SM C 73,245 78,886
C665162384 MFB NORTHERN MULTI 106,250 113,097
C665162483 MFB NORTHERN FDS AC 112,551 164,662
C665162558 MFB NORTHN ACTIVE M 252,640 346,443
C009066101 AIRBNB INC CL A COM 18,324 21,172
C12514G108 CDW CORP COM 20,873 16,889
C366651107 GARTNER INC COM 29,317 19,930
C438516106 HONEYWELL INTL INC 15,919 15,997
C55354G100 MSCI INC COM USD0.0 14,418 14,917
C98138H101 WORKDAY INC CL A CO 11,610 10,309

TY 2025 OtherAssetsSchedule
Name:
LISZ FOUNDATION INC
EIN:
59-2401804
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
C665162541 MFB NORTHERN FDS GL 64,361 17,895 18,657


TY 2025 OtherDecreasesSchedule
Name:
LISZ FOUNDATION INC
EIN:
59-2401804
Description Amount
2025 TRANSACTIONS POSTED IN 2026 294
ROUNDING 6


TY 2025 OtherExpensesSchedule
Name:
LISZ FOUNDATION INC
EIN:
59-2401804
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
STATE FILING FEES 61 0   61


TY 2025 OtherIncomeSchedule2
Name:
LISZ FOUNDATION INC
EIN:
59-2401804
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
990PF EXCISE TAX REFUND 731 0  


TY 2025 OtherIncreasesSchedule
Name:
LISZ FOUNDATION INC
EIN:
59-2401804
Description Amount
2024 TRANSACTIONS POSTED IN 2025 296


TY 2025 OtherProfessionalFeesSchedule
Name:
LISZ FOUNDATION INC
EIN:
59-2401804
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
NT ADVISORY FEES 6,489 1,622   4,867
NT INVESTMENT MGMT FEES 3,475 3,475    


TY 2025 TaxesSchedule
Name:
LISZ FOUNDATION INC
EIN:
59-2401804
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 66 66   0
FOREIGN TAXES ON QUALIFIED FOR 667 667   0
FOREIGN TAXES ON NONQUALIFIED 74 74   0