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
ELIZA C FUNK CHARITABLE FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address) 500 FIRST AVE P7-PFSC-03-Z
Room/suite

City or town
PITTSBURGH

State or province
PA

Country

ZIP or foreign postal code
15219

A Employer identification number

11-3761071

B Telephone number (see instructions)

4128077546

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)$6,462,963J 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...	155,175		154,379
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		228,168
b	Gross sales price for all assets on line 6a 2,494,926
7	Capital gain net income (from Part IV, line 2)...			228,168
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).......	List of Attached Documents: // Content	5,252
12	Total. Add lines 1 through 11........	388,595		382,547
13	Compensation of officers, directors, trustees, etc.	52,568		42,054		10,514
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)....	List of Attached Documents: // Content	1,918	1,918		0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	4,182	3,397		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	182	182
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	58,850		47,551	0	10,514
25	Contributions, gifts, grants paid.......	275,145				275,145
26	Total expenses and disbursements. Add lines 24 and 25 ................	333,995		47,551	0	285,659
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	54,600
b	Net investment income (if negative, enter -0-)			334,996
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.............	-16
	2	Savings and temporary cash investments.........	112,783	111,580	111,580
	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).......	381,667	List of Attached Documents: // Content 249,120	381,051
	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)..........	4,228,377	List of Attached Documents: // Content 4,417,092	5,970,332
	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)	4,722,811	4,777,792	6,462,963
	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........	4,722,811	4,777,792
	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).....	4,722,811	4,777,792
	30	Total liabilities and net assets/fund balances (see instructions).	4,722,811	4,777,792

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

4,722,811

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

54,600

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

List of Attached Documents:

// Content

663

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

4,778,074

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

List of Attached Documents:

// Content

282

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

4,777,792

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	23. DYNATRACE INC		2024-05-03	2025-01-07
b	4. IDEXX LABS INC		2024-05-03	2025-01-13
c	4. POOL CORP		2024-05-03	2025-01-13
d	2. AUTODESK INC		2019-08-21	2025-01-16
e	2. MICROCHIP TECHNOLOGY INC		2024-11-20	2025-01-16
	18. PURE STORAGE INC - CLASS A		2024-12-05	2025-01-28
	1. AUTODESK INC		2019-08-21	2025-01-29
	2. BROOKFIELD CORP		2019-08-21	2025-01-29
	3. BROOKFIELD INFRASTRUCTURE CORP		2024-11-20	2025-01-29
	23. INGERSOLL RAND INC		2024-05-03	2025-01-29
	3. KKR & CO INC		2019-08-21	2025-01-29
	2. MICROCHIP TECHNOLOGY INC		2024-11-20	2025-01-29
	6. MICROCHIP TECHNOLOGY INC		2019-08-21	2025-01-29
	2. SBA COMMUNICATIONS CORP		2021-03-08	2025-01-29
	2. ARCH CAPITAL GROUP LTD		2024-06-03	2025-01-29
	6. ICON PLC		2024-05-03	2025-01-29
	4. ICON PLC		2025-01-13	2025-01-29
	8. ATLASSIAN CORP CL A		2022-08-12	2025-01-31
	1. KINSALE CAPITAL GROUP INC		2024-05-03	2025-02-04
	1. ZEBRA TECHNOLOGIES CORP CLASS A		2024-05-20	2025-02-04
	12. DUTCH BROS INC-CLASS A		2024-11-01	2025-02-06
	1. AUTODESK INC		2019-08-21	2025-02-10
	2. COSTAR GROUP INC		2020-07-02	2025-02-10
	2. KKR & CO INC		2019-08-21	2025-02-10
	14. MICROCHIP TECHNOLOGY INC		2019-08-21	2025-02-10
	2. VERISIGN INC		2022-05-06	2025-02-10
	9. D R HORTON INC		2024-05-03	2025-02-11
	10. IDEX CORP		2024-05-03	2025-02-11
	9. MILLROSE PROPERTIES		2025-02-10	2025-02-12
	44. SCHNEIDER ELECTRIC SE		2022-04-06	2025-02-12
	10. HENRY JACK & ASSOC INC		2024-05-03	2025-02-19
	3. HENRY JACK & ASSOC INC		2024-08-29	2025-02-19
	4. KINSALE CAPITAL GROUP INC		2024-05-03	2025-02-20
	30. SAFRAN SA		2024-06-06	2025-02-20
	3. SAFRAN SA		2023-11-29	2025-02-20
	2. MONOLITHIC POWER SYSTEMS INC		2024-05-03	2025-02-24
	5. VERTIV HOLDINGS LLC		2024-06-24	2025-02-24
	2. AUTODESK INC		2019-08-21	2025-02-26
	3. MICROCHIP TECHNOLOGY INC		2019-08-21	2025-02-26
	194. ROLLS-ROYCE HOLDINGS PLC		2024-11-01	2025-03-04
	2. SPOTIFY TECHNOLOGY SA		2024-09-26	2025-03-06
	83. SCHNEIDER ELECTRIC SE		2022-04-06	2025-03-07
	21. AAON INC		2024-09-30	2025-03-13
	1. AMETEK INC NEW		2024-06-21	2025-03-13
	1. AMETEK INC NEW		2024-11-20	2025-03-13
	2. ARES MANAGEMENT CORP - A		2024-07-10	2025-03-13
	1. ARES MANAGEMENT CORP - A		2024-11-01	2025-03-13
	27. BJ'S WHOLESALE CLUB HOLDINGS		2024-05-03	2025-03-13
	11. BWX TECHNOLOGIES INC		2024-08-15	2025-03-13
	3. BWX TECHNOLOGIES INC		2025-01-27	2025-03-13
	22. BELLRING BRANDS INC-W/I		2025-02-21	2025-03-13
	4. WR BERKLEY CORP		2024-11-01	2025-03-13
	20. BIO-TECHNE CORP		2024-05-03	2025-03-13
	12. BROADRIDGE FINANCIAL SOL		2024-05-03	2025-03-13
	4. BROOKFIELD CORP		2025-03-12	2025-03-13
	23. BROOKFIELD CORP		2019-08-21	2025-03-13
	3. BROOKFIELD INFRASTRUCTURE CORP		2024-05-06	2025-03-13
	7. BROOKFIELD INFRASTRUCTURE CORP		2024-11-20	2025-03-13
	9. BROOKFIELD INFRASTRUCTURE CORP		2023-12-26	2025-03-13
	9. BROOKFIELD RENEWABLE CORP CL A		2022-06-27	2025-03-13
	6. BROOKFIELD ASSET MGMT-A-W/I		2019-08-21	2025-03-13
	10. BROWN & BROWN INC		2019-08-21	2025-03-13
	9. BURLINGTON STORES INC		2024-05-03	2025-03-13
	1. CBRE GROUP INC		2024-05-31	2025-03-13
	5. CBRE GROUP INC		2019-08-21	2025-03-13
	27. CCC INTELLIGENT SOLUTIONS HO		2024-03-11	2025-03-13
	12. CDW CORP/DE		2024-05-03	2025-03-13
	2. CDW CORP/DE		2025-01-06	2025-03-13
	8. CARMAX INC		2019-08-21	2025-03-13
	4. CASEYS GENERAL STORES INC		2024-08-15	2025-03-13
	2. CASEYS GENERAL STORES INC		2024-10-29	2025-03-13
	15. CHURCHILL DOWNS INC		2024-05-03	2025-03-13
	8. CHURCHILL DOWNS INC		2024-10-29	2025-03-13
	32. COPART INC		2024-05-03	2025-03-13
	6. COPART INC		2025-02-11	2025-03-13
	25. COPART INC		2019-08-21	2025-03-13
	29. COSTAR GROUP INC		2024-05-03	2025-03-13
	12. COSTAR GROUP INC		2020-07-02	2025-03-13
	15. DATADOG INC - CLASS A		2024-11-01	2025-03-13
	14. DESCARTES SYS GROUP INC		2024-05-03	2025-03-13
	16. DEXCOM INC		2024-05-03	2025-03-13
	16. DEXCOM INC		2025-01-21	2025-03-13
	10. DIAMOND BACK ENERGY INC		2024-05-03	2025-03-13
	1. DOMINO'S PIZZA, INC.		2019-08-21	2025-03-13
	60. DRAFTKINGS INC		2025-01-14	2025-03-13
	26. DUTCH BROS INC-CLASS A		2024-05-03	2025-03-13
	2. ENTEGRIS, INC		2024-08-23	2025-03-13
	2. ENTEGRIS, INC		2024-09-16	2025-03-13
	10. EPAM SYSTEMS INC		2024-05-03	2025-03-13
	7. EQUIFAX INC		2024-05-03	2025-03-13
	2. EQUIFAX INC		2024-11-07	2025-03-13
	33. FASTENAL CO		2024-05-03	2025-03-13
	6. FASTENAL CO		2019-08-21	2025-03-13
	9. FERGUSON ENTERPRISES INC		2024-05-03	2025-03-13
	2. FERGUSON ENTERPRISES INC		2025-01-27	2025-03-13
	9.00017 FLOOR & DECOR HOLDINGS INC		2024-05-03	2025-03-13
	2. FLOOR & DECOR HOLDINGS INC		2025-01-27	2025-03-13
	2.99983 FLOOR & DECOR HOLDINGS INC		2024-05-03	2025-03-13
	1. GALLAGHER ARTHUR J & CO		2024-11-20	2025-03-13
	3. GARTNER INC		2025-02-25	2025-03-13
	2. GARTNER INC		2023-07-07	2025-03-13
	24. GRACO INC		2024-05-03	2025-03-13
	2. GRACO INC		2024-10-11	2025-03-13
	7. HEICO CORP NEW		2024-05-03	2025-03-13
	1. HEICO CORP NEW		2025-02-26	2025-03-13
	7. HEICO CORP NEW		2019-08-21	2025-03-13
	1. HILTON WORLDWIDE HLDGS - W/I		2024-08-12	2025-03-13
	5. HILTON WORLDWIDE HLDGS - W/I		2019-08-21	2025-03-13
	3. HUBSPOT INC		2024-12-23	2025-03-13
	2. HYATT HOTELS CORP		2019-08-21	2025-03-13
	13. ILLUMINA INC		2025-01-29	2025-03-13
	10. INSULET CORP		2024-05-03	2025-03-13
	10. KKR & CO INC		2019-08-21	2025-03-13
	1. LPL FINANCIAL HOLDINGS INC		2025-02-10	2025-03-13
	22. LAMB WESTON HOLDING INC-W/I		2024-05-03	2025-03-13
	3. LENNAR CORP		2025-01-16	2025-03-13
	1. LENNAR CORP		2019-08-21	2025-03-13
	2. LENNOX INTERNATIONAL INC		2024-05-03	2025-03-13
	2. LENNOX INTERNATIONAL INC		2025-01-27	2025-03-13
	10. LIBERTY MEDIA CORP-LIB-NEW-C		2019-08-21	2025-03-13
	3. LIBERTY MEDIA CORP-LIB-NEW-A		2024-09-16	2025-03-13
	8. LIVE NATION ENTERTAINMENT INC		2025-02-11	2025-03-13
	6. LIVE NATION ENTERTAINMENT INC		2020-06-02	2025-03-13
	4. MSCI INC		2024-05-03	2025-03-13
	1. MSCI INC		2023-09-11	2025-03-13
	9. MANHATTAN ASSOCS INC		2024-06-25	2025-03-13
	7. MARKETAXESS HLDGS INC		2024-05-03	2025-03-13
	3. MARKETAXESS HLDGS INC		2025-01-13	2025-03-13
	1. MARTIN MARIETTA MATLS INC		2024-08-23	2025-03-13
	1. MARTIN MARIETTA MATLS INC		2024-12-04	2025-03-13
	13. MICROCHIP TECHNOLOGY INC		2024-05-03	2025-03-13
	7. MICROCHIP TECHNOLOGY INC		2025-01-27	2025-03-13
	1. MONOLITHIC POWER SYSTEMS INC		2024-05-03	2025-03-13
	1. MONOLITHIC POWER SYSTEMS INC		2024-12-09	2025-03-13
	1. O REILLY AUTOMOTIVE INC		2019-08-21	2025-03-13
	13. PTC INC		2024-05-03	2025-03-13
	6. PENUMBRA INC		2024-05-03	2025-03-13
	4. PENUMBRA INC		2024-11-01	2025-03-13
	15. PERIMETER SOLUTIONS INC		2021-12-03	2025-03-13
	3. PROCORE TECHNOLOGIES INC		2024-12-04	2025-03-13
	1. PROGRESSIVE CORP OHIO		2019-08-21	2025-03-13
	14. RAYMOND JAMES FINANCIAL INC		2024-06-24	2025-03-13
	12. REPLIGEN CORP		2024-05-03	2025-03-13
	6. RESMED INC		2024-05-03	2025-03-13
	4. RESMED INC		2025-01-27	2025-03-13
	41. ROLLINS INC		2024-07-31	2025-03-13
	1. ROPER TECHNOLOGIES INC		2019-08-21	2025-03-13
	1. ROSS STORES INC		2024-06-06	2025-03-13
	1. ROSS STORES INC		2024-11-01	2025-03-13
	3. RYAN SPECIALTY HOLDINGS INC		2024-11-20	2025-03-13
	12. SHIFT4 PAYMENTS INC-CLASS A		2024-05-03	2025-03-13
	12. SHIFT4 PAYMENTS INC-CLASS A		2025-02-19	2025-03-13
	10. TEXAS ROADHOUSE INC		2024-06-24	2025-03-13
	1. TEXAS ROADHOUSE INC		2025-01-27	2025-03-13
	1. TRANSDIGM GROUP INC		2020-07-02	2025-03-13
	25. TREX COMPANY INC		2024-05-03	2025-03-13
	4. TYLER TECHNOLOGIES INC		2024-05-03	2025-03-13
	1. TYLER TECHNOLOGIES INC		2020-06-25	2025-03-13
	1. VAIL RESORTS INC		2019-08-21	2025-03-13
	9. VEEVA SYSTEMS INC-CLASS A		2024-05-03	2025-03-13
	1. VEEVA SYSTEMS INC-CLASS A		2024-07-23	2025-03-13
	2. VEEVA SYSTEMS INC-CLASS A		2024-09-16	2025-03-13
	1. VERALTO CORP-W/I		2024-08-12	2025-03-13
	1. VERISK ANALYTICS INC		2019-08-21	2025-03-13
	12. VERTIV HOLDINGS LLC		2024-06-24	2025-03-13
	4. VULCAN MATERIALS CO		2024-09-16	2025-03-13
	1. WASTE CONNECTIONS INC		2024-07-23	2025-03-13
	1. WATERS CORP		2024-10-11	2025-03-13
	8. WEST PHARMACEUTICAL SVCS INC		2025-02-14	2025-03-13
	6. ZEBRA TECHNOLOGIES CORP CLASS A		2024-05-20	2025-03-13
	2. ARCH CAPITAL GROUP LTD		2024-06-03	2025-03-13
	3. ARCH CAPITAL GROUP LTD		2024-11-20	2025-03-13
	1. ARCH CAPITAL GROUP LTD		2020-07-02	2025-03-13
	10. GLOBANT SA		2024-05-03	2025-03-13
	3. GLOBANT SA		2024-12-05	2025-03-13
	27. FERGUSON ENTERPRISES INC		2022-03-10	2025-03-14
	3232.644 ARTISAN INTL SM/MID-INST		2024-08-27	2025-03-17
	1149.881 HARBOR MID CAP VALUE		2024-06-18	2025-03-17
	2929.088 OAKMARK INTL SM CAP-R6		2019-08-20	2025-03-17
	3630.321 TRIBUTARY SMALL COMPANY FD INST		2023-05-16	2025-03-17
	5. CARMAX INC		2019-08-21	2025-03-27
	1. COSTAR GROUP INC		2020-07-02	2025-03-27
	1. DOMINO'S PIZZA, INC.		2019-08-21	2025-03-27
	2. CARMAX INC		2019-08-21	2025-04-25
	1. COPART INC		2019-08-21	2025-04-25
	1. FAIR ISAAC CORPORATION		2024-05-31	2025-04-25
	1. KKR & CO INC		2025-04-11	2025-04-25
	1. PROGRESSIVE CORP OHIO		2019-08-21	2025-04-25
	37. ASTRAZENECA PLC		2024-05-03	2025-04-29
	17. ASTRAZENECA PLC		2022-07-11	2025-04-29
	47. NOVO NORDISK A S		2022-01-07	2025-04-29
	41. ROLLS-ROYCE HOLDINGS PLC		2024-11-01	2025-05-05
	30. SAFRAN SA		2023-11-29	2025-05-05
	10. STERIS PLC		2019-08-21	2025-05-05
	38. ICON PLC		2019-08-21	2025-05-08
	7. CARMAX INC		2019-08-21	2025-05-14
	1. LIBERTY MEDIA CORP-LIB-NEW-C		2019-08-21	2025-05-14
	4. CANADIAN PACIFIC KANSAS CITY		2019-08-21	2025-06-04
	37. MITSUBISHI HEAVY INDUSTRIES ADR		2024-08-19	2025-06-04
	4. SEA LTD-ADR		2024-07-02	2025-06-04
	7. STERIS PLC		2019-08-21	2025-06-09
	11. FERRARI NV - W/I		2020-03-25	2025-06-11
	2. BROWN & BROWN INC		2019-08-21	2025-06-12
	3. CARMAX INC		2020-04-30	2025-06-12
	1. HEICO CORP NEW		2019-08-21	2025-06-12
	184.197 FIDELITY 500 INDEX FD-AI		2024-11-20	2025-06-26
	124.431 FIDELITY 500 INDEX FD-AI		2022-03-18	2025-06-26
	778. ISHARES MSCI INTL QUALITY		2023-05-16	2025-06-26
	400. WISDOMTREE U.S. QUALITY DIVI		2022-07-08	2025-06-26
	57. ADYEN NV-UNSPON ADR		2023-03-21	2025-07-02
	7. ASTRAZENECA PLC		2022-07-11	2025-07-02
	14. BAE SYSYTEMS PLC		2025-03-05	2025-07-02
	25. CANADIAN NATURAL RESOURCES		2023-12-21	2025-07-02
	9. CANADIAN PACIFIC KANSAS CITY		2019-08-21	2025-07-02
	34. COMPASS GROUP PLC-SPON ADR		2023-06-30	2025-07-02
	31. COUPANG INC		2024-04-12	2025-07-02
	17. DEUTSCHE BOERSE AG		2025-05-09	2025-07-02
	10. EXPERIAN PLC		2019-08-21	2025-07-02
	22. ICICI BANK LTD		2022-12-07	2025-07-02
	32. MEITUAN UNSP ADR		2024-10-16	2025-07-02
	1. MERCADOLIBRE INC		2023-09-15	2025-07-02
	26. MITSUBISHI HEAVY INDUSTRIES ADR		2024-07-31	2025-07-02
	35. NINTENDO LTD		2025-02-21	2025-07-02
	7. NOVO NORDISK A S		2022-01-07	2025-07-02
	1. RHEINMETALL AG-UNSP ADR		2025-05-07	2025-07-02
	107. ROLLS-ROYCE HOLDINGS PLC		2024-11-01	2025-07-02
	12. SAFRAN SA		2023-11-29	2025-07-02
	4. SAP SE SPONSORED ADR		2024-12-19	2025-07-02
	9. SEA LTD-ADR		2024-07-02	2025-07-02
	16. SIEMENS ENERGY AG-UNSP ADR		2025-01-29	2025-07-02
	7. TAIWAN SEMICONDUCTOR MTG CO		2024-08-07	2025-07-02
	10. TENCENT HOLDINGS LTD		2025-03-14	2025-07-02
	38. 3I GROUP PLC-UNSPON ADR		2024-07-29	2025-07-02
	2. WASTE CONNECTIONS INC		2022-10-07	2025-07-02
	1. AON PLC/IRELAND-A		2020-07-31	2025-07-02
	12. ARCH CAPITAL GROUP LTD		2023-03-31	2025-07-02
	2. NEW LINDE PLC		2023-09-26	2025-07-02
	43. NU HOLDINGS LTD/CAYMAN ISL-A		2024-03-06	2025-07-02
	1. STERIS PLC		2020-04-13	2025-07-02
	19. UBS GROUP AG		2023-12-27	2025-07-02
	1. SPOTIFY TECHNOLOGY SA		2024-09-26	2025-07-02
	2. SPOTIFY TECHNOLOGY SA		2024-04-19	2025-07-02
	4. MONDAY.COM LTD		2024-03-04	2025-07-02
	1. ASM INTERNATIONAL N V		2022-04-19	2025-07-02
	1. ASML HOLDING NV-NY		2019-08-21	2025-07-02
	1. FERRARI NV - W/I		2020-03-25	2025-07-02
	1. GARTNER INC		2019-08-21	2025-07-07
	2. HEICO CORP NEW		2019-08-21	2025-07-07
	7. O REILLY AUTOMOTIVE INC		2019-08-21	2025-07-07
	2. PROGRESSIVE CORP OHIO		2019-08-21	2025-07-07
	8. ARCH CAPITAL GROUP LTD		2020-07-02	2025-07-07
	13. MITSUBISHI HEAVY INDUSTRIES ADR		2024-07-31	2025-07-16
	2. ANSYS INC		2019-08-21	2025-07-18
	5. STERIS PLC		2019-10-18	2025-07-21
	.68 SYNOPSYS INC		2025-07-18	2025-07-22
	2. BROOKFIELD CORP		2019-08-21	2025-07-25
	4. PERIMETER SOLUTIONS INC		2021-12-03	2025-07-25
	5. TOAST INC-CLASS A		2025-02-10	2025-07-25
	3. VAIL RESORTS INC		2019-08-21	2025-07-25
	1. ARCH CAPITAL GROUP LTD		2020-07-02	2025-07-25
	17. ATLASSIAN CORP CL A		2022-12-20	2025-08-12
	1. BROOKFIELD ASSET MGMT-A-W/I		2019-08-21	2025-08-13
	7. CARMAX INC		2020-04-30	2025-08-13
	2. GARTNER INC		2019-08-21	2025-08-13
	1. KKR & CO INC		2025-06-12	2025-08-13
	1. O REILLY AUTOMOTIVE INC		2019-08-21	2025-08-13
	2. VAIL RESORTS INC		2020-07-02	2025-08-13
	1. COSTAR GROUP INC		2020-07-02	2025-08-27
	2. GARTNER INC		2019-08-21	2025-08-27
	32656.127 BLACKROCK TOTAL RETURN-I		2019-10-16	2025-09-08
	329. DIMENSIONAL INTERNATIONAL VA		2023-11-16	2025-09-08
	11485.689 MFS EMERGING MKTS DEBT FD-R6		2019-08-14	2025-09-08
	12422.36 PGIM HIGH YIELD FUND		2024-10-25	2025-09-08
	16157.989 PGIM HIGH YIELD FUND		2021-08-26	2025-09-08
	3312.629 VANGUARD TOTAL BD MKT INDX 584		2025-07-02	2025-09-08
	27481.664 VANGUARD TOTAL BD MKT INDX 584		2020-05-08	2025-09-08
	170. MEITUAN UNSP ADR		2024-10-16	2025-09-16
	2. PROGRESSIVE CORP OHIO		2019-08-21	2025-09-17
	1599. AVANTIS US LARGE CAP VALUE		2025-03-17	2025-10-03
	12881.136 SEAFARER OVERSEAS GROWTH &		2019-08-14	2025-10-03
	5085. ISHARES MSCI INTL QUALITY		2023-05-16	2025-10-03
	2519. WISDOMTREE U.S. QUALITY DIVI		2020-11-04	2025-10-03
	1. BROOKFIELD RENEWABLE CORP CL A		2022-06-27	2025-10-08
	1. BROOKFIELD ASSET MGMT-A-W/I		2019-08-21	2025-10-08
	1. BROWN & BROWN INC		2025-07-07	2025-10-08
	1. CCC INTELLIGENT SOLUTIONS HO		2024-03-11	2025-10-08
	1. COPART INC		2025-08-13	2025-10-08
	1. RYAN SPECIALTY HOLDINGS INC		2024-11-01	2025-10-08
	.5 BROOKFIELD CORP		2019-08-21	2025-10-16
	5. BROOKFIELD CORP		2019-08-21	2025-10-16
	2. COSTAR GROUP INC		2020-07-02	2025-10-16
	6. STERIS PLC		2019-10-18	2025-10-28
	5. SPOTIFY TECHNOLOGY SA		2024-04-19	2025-10-28
	4. WR BERKLEY CORP		2024-07-10	2025-10-30
	10. BROOKFIELD CORP		2019-08-21	2025-10-30
	1. WR BERKLEY CORP		2024-07-10	2025-11-20
	4. BROOKFIELD CORP		2019-08-21	2025-11-20
	1. TRANSDIGM GROUP INC		2025-09-17	2025-11-20
	1. ARCH CAPITAL GROUP LTD		2020-07-02	2025-11-20
	662.085 FIDELITY 500 INDEX FD-AI		2023-06-28	2025-12-04
	140. COMPASS GROUP PLC-SPON ADR		2023-06-30	2025-12-15
	5. BROOKFIELD CORP		2019-08-21	2025-12-19
	2. HILTON WORLDWIDE HLDGS - W/I		2019-08-21	2025-12-19
	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
	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
	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
	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
	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
	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
	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
	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
	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
	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
	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
	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
	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
	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
	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
	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
	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
	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
	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
	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
	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
	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
	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
	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
	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
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	1,232	1,053	179
b	1,689	1,929	-240
c	1,331	1,463	-132
d	585	292	293
e	113	129	-16
	1,167	1,171	-4
	304	146	158
	122	56	66
	122	128	-6
	2,114	2,014	100
	506	77	429
	112	129	-17
	336	268	68
	402	482	-80
	190	204	-14
	1,186	1,858	-672
	791	872	-81
	2,467	1,892	575
	456	383	73
	386	318	68
	788	399	389
	307	146	161
	154	144	10
	295	51	244
	730	625	105
	445	346	99
	1,172	1,344	-172
	1,963	2,211	-248
	198	222	-24
	2,190	1,424	766
	1,665	1,645	20
	499	520	-21
	1,740	1,530	210
	1,944	1,733	211
	194	133	61
	1,319	1,413	-94
	456	440	16
	577	292	285
	177	134	43
	2,018	1,530	488
	1,086	759	327
	4,016	2,481	1,535
	1,641	2,447	-806
	174	168	6
	174	192	-18
	279	289	-10
	140	165	-25
	2,935	2,047	888
	1,063	1,089	-26
	290	337	-47
	1,452	1,635	-183
	247	235	12
	1,194	1,585	-391
	2,698	2,388	310
	195	202	-7
	1,124	648	476
	103	102	1
	241	273	-32
	310	323	-13
	255	331	-76
	274	156	118
	1,177	361	816
	2,041	1,674	367
	122	87	35
	608	264	344
	248	338	-90
	1,956	2,645	-689
	326	358	-32
	550	668	-118
	1,543	1,501	42
	772	794	-22
	1,616	2,004	-388
	862	1,055	-193
	1,672	1,765	-93
	314	353	-39
	1,306	482	824
	2,205	2,574	-369
	912	865	47
	1,488	1,886	-398
	1,367	1,333	34
	1,097	2,062	-965
	1,097	1,400	-303
	1,435	2,003	-568
	431	232	199
	2,231	2,566	-335
	1,515	707	808
	189	232	-43
	189	218	-29
	1,819	2,302	-483
	1,642	1,590	52
	469	537	-68
	2,459	2,258	201
	447	185	262
	1,385	1,953	-568
	308	363	-55
	758	1,023	-265
	168	214	-46
	253	341	-88
	323	293	30
	1,364	1,508	-144
	909	702	207
	1,984	1,970	14
	165	171	-6
	1,752	1,479	273
	198	187	11
	1,383	788	595
	223	207	16
	1,117	463	654
	1,781	2,142	-361
	241	149	92
	1,086	1,722	-636
	2,435	1,748	687
	1,082	255	827
	309	367	-58
	1,065	1,881	-816
	348	389	-41
	116	51	65
	1,112	923	189
	1,112	1,284	-172
	835	402	433
	228	216	12
	917	1,170	-253
	688	297	391
	2,167	1,875	292
	542	534	8
	1,477	2,209	-732
	1,474	1,499	-25
	632	647	-15
	463	558	-95
	463	583	-120
	677	1,189	-512
	364	400	-36
	572	707	-135
	572	604	-32
	1,286	385	901
	1,981	2,286	-305
	1,559	1,135	424
	1,039	942	97
	137	172	-35
	198	257	-59
	279	78	201
	1,959	1,691	268
	1,707	2,006	-299
	1,314	1,304	10
	876	966	-90
	2,061	1,991	70
	562	361	201
	123	144	-21
	123	140	-17
	205	204	1
	992	712	280
	992	1,255	-263
	1,673	1,712	-39
	167	181	-14
	1,329	429	900
	1,333	2,304	-971
	2,219	1,879	340
	555	338	217
	159	243	-84
	2,068	1,830	238
	230	188	42
	459	427	32
	95	107	-12
	287	159	128
	996	917	79
	897	1,052	-155
	183	182	1
	365	358	7
	1,793	1,752	41
	1,636	1,892	-256
	180	200	-20
	270	284	-14
	90	28	62
	1,298	1,853	-555
	390	671	-281
	4,260	3,869	391
	58,091	61,000	-2,909
	29,000	29,264	-264
	58,728	40,070	18,658
	103,682	94,933	8,749
	371	418	-47
	80	72	8
	465	232	233
	130	167	-37
	61	19	42
	1,935	1,280	655
	114	101	13
	264	78	186
	2,639	2,817	-178
	1,213	1,145	68
	3,062	2,527	535
	426	298	128
	2,064	1,326	738
	2,248	1,513	735
	5,291	7,735	-2,444
	475	576	-101
	97	40	57
	329	194	135
	1,764	970	794
	666	278	388
	1,698	1,053	645
	5,317	1,646	3,671
	212	72	140
	200	223	-23
	237	111	126
	39,390	37,911	1,479
	26,610	19,045	7,565
	33,205	27,853	5,352
	33,100	24,434	8,666
	1,024	873	151
	499	472	27
	1,426	1,183	243
	808	804	4
	734	435	299
	1,184	965	219
	923	661	262
	538	556	-18
	512	310	202
	740	501	239
	1,022	1,433	-411
	2,450	1,393	1,057
	1,271	635	636
	796	670	126
	489	353	136
	407	375	32
	1,391	777	614
	942	531	411
	1,191	984	207
	1,337	626	711
	1,728	900	828
	1,632	1,123	509
	636	680	-44
	1,064	760	304
	357	268	89
	351	205	146
	1,058	961	97
	954	743	211
	574	485	89
	238	149	89
	659	593	66
	717	379	338
	1,434	550	884
	1,184	920	264
	611	318	293
	800	218	582
	491	150	341
	400	133	267
	511	223	288
	638	180	458
	517	155	362
	713	228	485
	572	307	265
	792	433	359
	1,120	726	394
	406	392	14
	134	56	78
	67	46	21
	242	209	33
	473	662	-189
	88	28	60
	2,766	2,316	450
	63	26	37
	396	521	-125
	463	267	196
	149	126	23
	103	26	77
	301	365	-64
	89	72	17
	490	253	237
	328,847	383,098	-54,251
	15,086	10,700	4,386
	143,227	155,811	-12,584
	60,994	60,000	994
	79,336	90,000	-10,664
	32,530	32,000	530
	269,870	303,390	-33,520
	4,343	7,612	-3,269
	484	155	329
	116,372	104,565	11,807
	186,004	144,930	41,074
	229,117	181,608	47,509
	225,279	131,747	93,532
	39	37	2
	58	26	32
	96	108	-12
	9	13	-4
	44	47	-3
	58	66	-8
	22	9	13
	224	93	131
	150	144	6
	1,442	806	636
	3,299	1,376	1,923
	287	225	62
	463	187	276
	77	53	24
	179	75	104
	1,359	1,284	75
	92	28	64
	158,000	100,922	57,078
	4,371	3,972	399
	226	93	133
	583	185	398
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972
			7,972

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			179
b			-240
c			-132
d			293
e			-16
			-4
			158
			66
			-6
			100
			429
			-17
			68
			-80
			-14
			-672
			-81
			575
			73
			68
			389
			161
			10
			244
			105
			99
			-172
			-248
			-24
			766
			20
			-21
			210
			211
			61
			-94
			16
			285
			43
			488
			327
			1,535
			-806
			6
			-18
			-10
			-25
			888
			-26
			-47
			-183
			12
			-391
			310
			-7
			476
			1
			-32
			-13
			-76
			118
			816
			367
			35
			344
			-90
			-689
			-32
			-118
			42
			-22
			-388
			-193
			-93
			-39
			824
			-369
			47
			-398
			34
			-965
			-303
			-568
			199
			-335
			808
			-43
			-29
			-483
			52
			-68
			201
			262
			-568
			-55
			-265
			-46
			-88
			30
			-144
			207
			14
			-6
			273
			11
			595
			16
			654
			-361
			92
			-636
			687
			827
			-58
			-816
			-41
			65
			189
			-172
			433
			12
			-253
			391
			292
			8
			-732
			-25
			-15
			-95
			-120
			-512
			-36
			-135
			-32
			901
			-305
			424
			97
			-35
			-59
			201
			268
			-299
			10
			-90
			70
			201
			-21
			-17
			1
			280
			-263
			-39
			-14
			900
			-971
			340
			217
			-84
			238
			42
			32
			-12
			128
			79
			-155
			1
			7
			41
			-256
			-20
			-14
			62
			-555
			-281
			391
			-2,909
			-264
			18,658
			8,749
			-47
			8
			233
			-37
			42
			655
			13
			186
			-178
			68
			535
			128
			738
			735
			-2,444
			-101
			57
			135
			794
			388
			645
			3,671
			140
			-23
			126
			1,479
			7,565
			5,352
			8,666
			151
			27
			243
			4
			299
			219
			262
			-18
			202
			239
			-411
			1,057
			636
			126
			136
			32
			614
			411
			207
			711
			828
			509
			-44
			304
			89
			146
			97
			211
			89
			89
			66
			338
			884
			264
			293
			582
			341
			267
			288
			458
			362
			485
			265
			359
			394
			14
			78
			21
			33
			-189
			60
			450
			37
			-125
			196
			23
			77
			-64
			17
			237
			-54,251
			4,386
			-12,584
			994
			-10,664
			530
			-33,520
			-3,269
			329
			11,807
			41,074
			47,509
			93,532
			2
			32
			-12
			-4
			-3
			-8
			13
			131
			6
			636
			1,923
			62
			276
			24
			104
			75
			64
			57,078
			399
			133
			398

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	228,168
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	4,656
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	4,656
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	4,656
6	Credits/Payments:

a	2025 estimated tax payments and 2024 overpayment credited to 2025	6a	1,571
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	1,571
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	3,085
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 ofPNC BANK NA Telephone no. (412) 807-7546

Located at500 FIRST AVE P7-PFSC-03-ZPITTSBURGHPA ZIP+415219

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-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
PNC BANK N A	TRUSTEE 1	52,568
500 FIRST AVE P7-PFSC-03-Z PITTSBURGH,PA15219	TRUSTEE 1	52,568

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

6,110,823

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

86,934

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

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

6,197,757

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

6,197,757

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

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

92,966

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

6,104,791

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

305,240

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

305,240

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

4,656

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

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

4,656

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

300,584

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

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

300,584

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

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

300,584

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) ..........

285,659

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. .......

285,659

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					300,584
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only.......				275,146
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: $ 285,659
a Applied to 2024, but not more than line 2a				275,146
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.....					10,513
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 ..........					290,071
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).)

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)

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
BRYN MAWR COLLEGE 101 N MERION AVE BRYN MAWR,PA19010	NONE		GENERAL SUPPORT	91,715
BRYN MAWR SCHOOL FOR GIRLS 109 W MELROSE AVENUE BALTIMORE,MD21210	NONE		GENERAL SUPPORT	91,715
CALVERT SCHOOL 105 TUSCANY RD BALTIMORE,MD21210	NONE		GENERAL SUPPORT	91,715
Total ................................. 3a				275,145

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	155,175
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	228,168
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aFEDERAL TAX REFUND			1	4,045
bFEE REIMBURSEMENT			1	1,207
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..				388,595

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

388,595

(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

Name of Stock	End of Year Book Value	End of Year Fair Market Value
115236101 BROWN & BROWN INC	1,916	3,347
143130102 CARMAX INC
217204106 COPART INC	1,892	3,680
294429105 EQUIFAX INC
311900104 FASTENAL CO	494	1,284
366651107 GARTNER INC
422806208 HEICO CORP NEW	2,072	6,058
448579102 HYATT HOTELS CORP	741	1,443
526057104 LENNAR CORP	934	1,748
538034109 LIVE NATION ENTERTAI	2,117	4,133
570535104 MARKEL GROUP INC	2,285	4,299
573284106 MARTIN MARIETTA MATL	2,386	3,736
595017104 MICROCHIP TECHNOLOGY
615369105 MOODY'S CORP	439	1,022
743315103 PROGRESSIVE CORP OHI
761152107 RESMED INC
776696106 ROPER TECHNOLOGIES I	1,804	2,226
778296103 ROSS STORES INC	301	721
893641100 TRANSDIGM GROUP INC	1,330	5,319
902252105 TYLER TECHNOLOGIES I	1,312	1,816
929160109 VULCAN MATERIALS CO	2,604	5,134
92343E102 VERISIGN INC
00783V104 ADYEN NV-UNSPON ADR	4,502	5,781
03662Q105 ANSYS INC
05523R107 BAE SYSYTEMS PLC	6,764	11,053
11133T103 BROADRIDGE FINANCIAL
12504L109 CBRE GROUP INC	1,682	4,181
22160N109 COSTAR GROUP INC	2,345	2,555
25754A201 DOMINO'S PIZZA, INC.	927	1,667
30215C101 EXPERIAN PLC	2,670	3,930
43300A203 HILTON WORLDWIDE HLD	1,524	5,458
45168D104 IDEXX LABS INC	849	2,030
48251W104 KKR & CO INC	1,176	4,589
55354G100 MSCI INC	1,451	2,295
67103H107 O REILLY AUTOMOTIVE	1,335	4,743
78410G104 SBA COMMUNICATIONS C
91879Q109 VAIL RESORTS INC
92345Y106 VERISK ANALYTICS INC	477	671
G0403H108 AON PLC/IRELAND-A	2,258	3,882
G0450A105 ARCH CAPITAL GROUP L	5,006	7,770
G4705A100 ICON PLC SEDOL B94G4
G8473T100 STERIS PLC SEDOL BFY
M98068105 WIX.COM LTD	445	312
N07059210 ASML HOLDING NV-NY	3,288	10,699
N3167Y103 FERRARI NV - W/I	1,646	4,065
03990B101 ARES MANAGEMENT CORP	687	1,616
052769106 AUTODESK INC
20449X401 COMPASS GROUP PLC-SP
29414B104 EPAM SYSTEMS INC
046353108 ASTRAZENECA PLC	4,717	6,435
049468101 ATLASSIAN CORP CL A
11271J107 BROOKFIELD CORP	2,238	5,553
113004105 BROOKFIELD ASSET MGM	589	1,048
45104G104 ICICI BANK LTD	3,939	5,334
670100205 NOVO NORDISK A S	3,585	3,612
80687P106 SCHNEIDER ELECTRIC S
94106B101 WASTE CONNECTIONS IN	4,030	4,910
N07045102 ASM INTERNATIONAL N	2,540	4,827
136385101 CANADIAN NATURAL RES	3,890	4,096
13646K108 CANADIAN PACIFIC KAN	3,871	6,259
361ESC049 GCI LIBERTY INC
531229755 LIBERTY MEDIA CORP-L	643	1,576
531229771 LIBERTY MEDIA CORP-L	628	804
58733R102 MERCADOLIBRE INC	2,679	4,029
786584102 SAFRAN SA	4,996	9,837
941848103 WATERS CORP	869	1,139
G54950103 NEW LINDE PLC	4,289	5,543
H42097107 UBS GROUP AG	4,716	6,993
000360206 AAON INC COM PAR $0.
031100100 AMETEK INC NEW	824	1,027
05550J101 BJ'S WHOLESALE CLUB
05605H100 BWX TECHNOLOGIES INC
084423102 WR BERKLEY CORP	371	491
09073M104 BIO-TECHNE CORP
11276H106 BROOKFIELD INFRASTRU	2,140	3,405
11285B108 BROOKFIELD RENEWABLE	1,091	1,227
122017106 BURLINGTON STORES IN
12510Q100 CCC INTELLIGENT SOLU	1,281	898
12514G108 CDW CORP/DE
147528103 CASEYS GENERAL STORE
171484108 CHURCHILL DOWNS INC
22266T109 COUPANG INC	5,333	5,898
23331A109 D R HORTON INC
23804L103 DATADOG INC - CLASS
249906108 DESCARTES SYS GROUP
252131107 DEXCOM INC
25278X109 DIAMOND BACK ENERGY
26701L100 DUTCH BROS INC-CLASS
268150109 DYNATRACE INC
29362U104 ENTEGRIS, INC	1,684	1,432
303250104 FAIR ISAAC CORPORATI	3,410	3,381
31488V107 FERGUSON ENTERPRISES	5,999	5,343
339750101 FLOOR & DECOR HOLDIN	1,486	974
363576109 GALLAGHER ARTHUR J &	1,732	1,553
384109104 GRACO INC	413	410
422806109 HEICO CORP NEW
426281101 HENRY JACK & ASSOC I
443573100 HUBSPOT INC
45167R104 IDEX CORP
45687V106 INGERSOLL RAND INC
45784P101 INSULET CORP
49714P108 KINSALE CAPITAL GROU
513272104 LAMB WESTON HOLDING
526107107 LENNOX INTERNATIONAL
562750109 MANHATTAN ASSOCS INC
57060D108 MARKETAXESS HLDGS IN
58533E103 MEITUAN UNSP ADR
606793404 MITSUBISHI HEAVY IND	5,055	10,370
609839105 MONOLITHIC POWER SYS
69370C100 PTC INC
70975L107 PENUMBRA INC
71385M107 PERIMETER SOLUTIONS	374	964
73278L105 POOL CORP
74275K108 PROCORE TECHNOLOGIES	808	727
74624M102 PURE STORAGE INC - C
754730109 RAYMOND JAMES FINANC
759916109 REPLIGEN CORP
775711104 ROLLINS INC
775781206 ROLLS-ROYCE HOLDINGS	7,092	15,358
78351F107 RYAN SPECIALTY HOLDI	756	620
803054204 SAP SE SPONSORED ADR	8,860	8,745
81141R100 SEA LTD-ADR	5,912	10,843
82452J109 SHIFT4 PAYMENTS INC-
82621A104 SIEMENS ENERGY AG-UN	6,859	20,462
874039100 TAIWAN SEMICONDUCTOR	8,290	18,537
882681109 TEXAS ROADHOUSE INC
88579N105 3I GROUP PLC-UNSPON	6,259	6,817
89531P105 TREX COMPANY INC
922475108 VEEVA SYSTEMS INC-CL	2,100	2,456
92338C103 VERALTO CORP-W/I	202	200
92537N108 VERTIV HOLDINGS LLC
989207105 ZEBRA TECHNOLOGIES C
G6683N103 NU HOLDINGS LTD/CAYM	4,226	6,278
L44385109 GLOBANT SA SEDOL BP4
L8681T102 SPOTIFY TECHNOLOGY S	3,302	6,969
M7S64H106 MONDAY.COM LTD	4,346	2,804
009158106 AIR PRODUCTS & CHEMI	945	741
03783C100 APPFOLIO INC - A	725	698
251542106 DEUTSCHE BOERSE AG	5,199	4,180
26969P108 EAGLE MATERIALS INC	428	413
50212V100 LPL FINANCIAL HOLDIN	1,785	1,786
530909308 LIBERTY LIVE HOLDING	516	499
654445303 NINTENDO LTD	7,088	6,002
718172109 PHILIP MORRIS INTERN	9,222	8,501
76206K107 RHEINMETALL AG-UNSP	4,128	4,021
82509L107 SHOPIFY INC - A W/I	6,098	5,634
88032Q109 TENCENT HOLDINGS LTD	6,500	7,196
888787108 TOAST INC-CLASS A	535	497
G7997R103 SEAGATE TECHNOLOGY H	5,868	7,436

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
315911750 FIDELITY 500 INDEX F	AT COST	1,270,250	2,541,171
317609295 SEAFARER OVERSEAS GR
464287804 ISHARES CORE S&P SMA	AT COST	108,958	171,978
552746364 MFS EMERGING MKTS DE
921937603 VANGUARD TOTAL BD MK
09252M883 BLACKROCK TOTAL RETU
97717X669 WISDOMTREE U.S. QUAL
413838566 OAKMARK INTL SM CAP-
74440Y884 PGIM HIGH YIELD FUND
00770X675 PZENA EMERG MKTS VAL	AT COST	128,000	176,560
89154M702 TOUCHSTONE SANDS EM	AT COST	139,579	173,475
25434V807 DIMENSIONAL INTERNAT	AT COST	201,048	308,781
46429B267 ISHARES U S TREASURY	AT COST	296,768	303,101
46434V456 ISHARES MSCI INTL QU
89609H704 TRIBUTARY SMALL COMP
04314H576 ARTISAN INTL SM/MID-
256210105 DODGE & COX INCOME F	AT COST	490,600	488,061
411512460 HARBOR MID CAP VALUE	AT COST	85,736	92,540
025072349 AVANTIS US LARGE CAP	AT COST	106,200	123,050
02631W607 AMER FND MULTI-SEC I	AT COST	240,000	238,243
092528603 ISHARES FLEXIBLE INC	AT COST	162,291	160,949
37954Y632 GLOBAL X ART INTEL &	AT COST	339,272	343,610
46138E800 INVESCO CHINA TECHNO	AT COST	175,499	151,476
46435G326 ISHARES CORE MSCI DE	AT COST	240,891	267,318
74440B884 PRUDENTIAL TOTAL RET	AT COST	432,000	430,019

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
CLASS ACTION FILING FEES	25	25		0
INVESTMENT EXPENSES-DIVIDEND I	157	157		0

Category	Amount	Net Investment Income
FOREIGN TAXES	2,378	2,378
FEDERAL ESTIMATES - PRINCIPAL	785	0
FOREIGN TAXES ON NONQUALIFIED	1,019	1,019

Description	Amount
ROC ON CY SALES	5
PY RETURN OF CAPITAL ADJUSTMENT	273
ROUNDING	4