Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2025
Open to Public Inspection
For calendar year 2025, or tax year beginning 01 - 01 2025, and ending 12 - 31, 20 25
Name of foundation
THE VALENTINE FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address) 2618 KRISTEN LEE DRIVE
  Room/suite
City or town
WESTLAKE VILLAGE
State or province
CA
Country  
ZIP or foreign postal code
91361
A Employer identification number

90-0527475
B Telephone number (see instructions)

8052581778
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)$7,028,434J 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) 931
2 Check .................
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 248,323 248,082  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 245,938
b Gross sales price for all assets on line 6a 3,365,937
7 Capital gain net income (from Part IV, line 2)... 245,938
8 Net short-term capital gain.........  
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
7,951 246  
12 Total. Add lines 1 through 11........ 503,143 494,266  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 169,472 8,375   161,097
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
5,637     5,637
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
9,675 4,837   4,838
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
73,072 73,072    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
2,883 2,883    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 8,283     8,283
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
95,984     95,984
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 365,006 89,167   275,839
25 Contributions, gifts, grants paid....... 975,000 975,000
26 Total expenses and disbursements. Add lines 24 and 25 ................ 1,340,006 89,167   1,250,839
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -836,863
b Net investment income (if negative, enter -0-) 405,099
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2025)
Form 990-PF (2025)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 122,213 130,720 130,720
3 Accounts receivable  
Less: allowance for doubtful accounts        
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        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 620,628 Click to see attachment
List of Attached Documents:
// Content
551,816 		516,118
b Investments—corporate stock (attach schedule)....... 5,930,892 Click to see attachment
List of Attached Documents:
// Content
5,201,757 		6,002,395
c Investments—corporate bonds (attach schedule)....... 427,493 Click to see attachment
List of Attached Documents:
// Content
383,064 		379,201
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
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) 7,101,226 6,267,357 7,028,434
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........... 7,101,226 6,267,357
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........    
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)..... 7,101,226 6,267,357
30 Total liabilities and net assets/fund balances (see instructions). 7,101,226 6,267,357
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
7,101,226
2
Enter amount from Part I, line 27a .....................
2
-836,863
3
Other increases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
3
2,994
4
Add lines 1, 2, and 3 ..........................
4
6,267,357
5
Decreases not included in line 2 (itemize)
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
6,267,357
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 MORGAN STANLEY (SEE GEN FTNOTE) P 2025-01-01 2025-12-26
b MORGAN STANLEY (SEE GEN FTNOTE) P 2024-01-01 2025-12-26
c
d
e
(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 1,515,296   1,519,818 -4,522
b 1,850,562   1,600,181 250,381
c
d
e
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       -4,522
b       250,381
c
d
e
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 2 245,938
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 5,631
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  
3 Add lines 1 and 2........................... 3 5,631
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 5,631
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 7,457
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 7,457
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
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 1,826
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax1,826 Refunded 11  
For Refunded amount, also complete and attach Form 8050. See instructions.
Form 990-PF (2025)
Form 990-PF (2025)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. $   (2) On foundation managers.$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
CA, NV
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 .Click to see attachment
List of Attached Documents:
// Content
8b
 
No
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 addressWWW.BECKYVALENTINEFOUNDATION.ORG
14
The books are in care ofTHE VALENTINE FOUNDATION Telephone no. (805) 258-1778

Located at2618 KIRSTEN LEE DRIVEWESTLAKE VILLAGECA ZIP+491361
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........
and enter the amount of tax-exempt interest received or accrued during the year ........
15
 
16 At any time during calendar year 2025, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country
Form 990-PF (2025)
Form 990-PF (2025)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2025? .............
1d
 
 
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
MALCOLM G MEADOR PRESIDENT/DI
4.81 		40,000 0 0
2618 KIRSTEN LEE DRIVE
WESTLAKE VILLAGE,CA91361
FRANK PERNA TREASURER/DI
1.92 		30,000 0 0
2618 KIRSTEN LEE DRIVE
WESTLAKE VILLAGE,CA91361
PHILIP PANITZ SECRETARY/DI
1.92 		31,972 0 0
2618 KIRSTEN LEE DRIVE
WESTLAKE VILLAGE,CA91361
FRANCIS DAWSON DIRECTOR
1.92 		30,000 0 0
2618 KIRSTEN LEE DRIVE
WESTLAKE VILLAGE,CA91361
CLINT HOWARD DIRECTOR
1.92 		30,000 0 0
2618 KIRSTEN LEE DRIVE
WESTLAKE VILLAGE,CA91361
CRAIG TRASK DIRECTOR
1.92 		7,500 0 0
2618 KIRSTEN LEE DRIVE
WESTLAKE VILLAGE,CA91361
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...................  
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
EMPLOYER SERVICES GROUP TEMPORARY HELP 74,758
2300 KNOLL DR UNIT N
VENTURA,CA93003
MORGAN STANLEY INVESTMENT MNGT 73,072
58 SOUTH SERVICE RD STE 400
MELVILLE,NY11747
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 N/A  
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
7,295,266
b
Average of monthly cash balances.......................
1b
100,362
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
7,395,628
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
 
3
Subtract line 2 from line 1d.........................
3
7,395,628
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
110,934
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
7,284,694
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
364,235
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
364,235
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
5,631
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
5,631
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
358,604
4
Recoveries of amounts treated as qualifying distributions................
4
7,705
5
Add lines 3 and 4............................
5
366,309
6
Deduction from distributable amount (see instructions) .................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
366,309
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
1,250,839
b
Program-related investments—total from Part VIII-B..................
1b
 
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
1,250,839
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 7 366,309
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2025:
a From 2020...... 312,960
b From 2021...... 643,516
c From 2022...... 758,382
d From 2023...... 602,275
e From 2024...... 673,903
f Total of lines 3a through e ........ 2,991,036
4Qualifying distributions for 2025 from Part
XI, line 4: $ 1,250,839
a Applied to 2024, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions) ..... 		 
c Treated as distributions out of corpus (Election
required—see instructions) ........ 		 
d Applied to 2025 distributable amount..... 366,309
e Remaining amount distributed out of corpus 884,530
5 Excess distributions carryover applied to 2025.    
(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 3,875,566
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
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...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2024. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2025. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2026 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2020 not
applied on line 5 or line 7 (see instructions) ... 		312,960
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		3,562,606
10 Analysis of line 9:
a Excess from 2021 .... 643,516
b Excess from 2022 .... 758,382
c Excess from 2023 .... 602,275
d Excess from 2024 .... 673,903
e Excess from 2025 .... 884,530
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

UNIVERSITY OF MIAMI ROSENSTIEL SCHO

PO BOX 025388
MIAMI,FL33102 		    GENERAL SUPPORT 225,000

YOUNG MENS CHRISTIAN ASSOCIATION OF

31105 THOUSAND OAKS BLVD
WESTLAKE VILLAGE,CA91362 		    GENERAL SUPPORT 350,000

WILDLIFE CONSERVATION SOCIETY

2300 SOUTHERN BLVD
BRONX,NY10460 		    GENERAL SUPPORT 200,000

KETTERING UNIVERSITY

1700 UNIVERSITY AVE
FLINT,MI48504 		    GENERAL SUPPORT 200,000
Total ................................. 3a 975,000
bApproved for future payment
Total ................................. 3b  
Form 990-PF (2025)
Form 990-PF (2025)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 248,323  
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 .....     18 246  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 245,938  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aRETURN OF GRANT 		        7,705
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   494,507 7,705
13Total. Add line 12, columns (b), (d), and (e)..................
13
502,212
(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.)
11B RETURN OF GRANT
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:
THE VALENTINE FOUNDATION
EIN:
90-0527475
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING & TAX FEES 9,675 4,837   4,838

TY 2025 ExplnOfNonFilingWithAGStmt
Name:
THE VALENTINE FOUNDATION
EIN:
90-0527475
Statement:
THE FOUNDATION PROVIDES A COPY OF THE FOUNDATION'S FORM 990-PF WITH THE ANNUAL RRF-1 FILING TO THE CALIFORNIA ATTORNEY GENERAL. ON THE OTHER HAND, THE NEVADA ATTORNEY GENERAL DOES NOT REQUIRE A COPY OF THE FORM 990-PF FOR THE FOUNDATION.

TY 2025 InvestmentsCorpBondsSchedule
Name:
THE VALENTINE FOUNDATION
EIN:
90-0527475
Name of Bond End of Year Book Value End of Year Fair Market Value
MORGAN STANLEY CORP BONDS    
VERIZON COMMUNICATIONS INC 25,982 25,379
CVS HEALTH CORP 27,214 26,390
WELLS FARGO & CO FXD TO 052027 VAR T 26,156 25,933
CITIGROUP INC FXD TO 072027 VAR THRA 27,087 27,263
COMCAST CORP 26,839 26,366
JPMORGAN CHASE & CO FXD TO 072028 VA 34,733 34,733
BANK OF AMERICA CORP FXD TO 102029 V 27,424 25,853
WILLIAMS COS INC/THE 26,738 27,653
AMAZON.COM INC 29,437 27,219
AT&T INC 25,294 25,713
ABBVIE INC 26,270 27,133
UNITEDHEALTH GROUP INC 25,960 26,236
GOLDMAN SACHS GROUP INC/THE FX D TO 27,129 27,122
ENTERPRISE PRODUCTS OPERATING LLC 26,801 26,208

TY 2025 InvestmentsCorpStockSchedule
Name:
THE VALENTINE FOUNDATION
EIN:
90-0527475
Name of Stock End of Year Book Value End of Year Fair Market Value
MORGAN STANLEY CORPORATE STOCK    
3I GROUP PLC UNSPONS ADR (TGOPY) 4,863 4,872
AAON INC (AAON) 1,700 1,592
ABB LTD ADR (ABBNY) 1,909 8,596
ABBOTT LABORATORIES (ABT) 3,317 4,574
ABBVIE INC COM (ABBV) 3,046 4,310
ACCENTURE PLC IRELAND CL A (ACN) 2,844 4,665
ADIDAS AG (ADDYY) 4,600 4,473
ADOBE INC (ADBE) 1,765 5,208
ADVANCED ENERGY IND INC (AEIS) 3,272 3,577
ADOBE INC (ADBE) 5,029 11,592
ADYEN N V UNSPONSRED ADR (ADYEY) 1,920 3,763
AIA GROUP LTD SPON ADR (AAGIY) 7,541 12,113
AIR LEASE CORP CL A (AL) 302 541
AIR LIQUIDE ADR (AIQUY) 3,965 9,336
AIR PROD & CHEM INC (APD) 6,260 5,068
ALCON INC (ALC) 5,300 8,354
ALFA LAVAL AB-UNSPONS ADR (ALFVY) 1,513 4,378
ALIGN TECHNOLOGY (ALGN) 545 626
ALIGN TECHNOLOGY (ALGN) 6,245 13,942
ALNYLAM PHARMACEUTICALS INC (ALNY) 3,935 3,422
ALPHABET INC CL A (GOOGL) 3,138 23,344
ALPHABET INC CL C (GOOG) 5,721 19,887
ALTRIA GROUP INC (MO) 2,987 4,657
AMAZON COM INC (AMZN) 11,905 33,469
AMENTUM HOLDINGS INC (AMTM) 1,419 2,093
AMER INTL GP INC NEW (AIG) 5,608 6,473
AMERICAN EXPRESS CO (AXP) 1,037 2,124
AMERICAN WATER WORKS CO (AWK) 5,563 5,668
AMERIPRISE FINCL INC (AMP) 1,414 7,553
AMGEN INC (AMGN) 3,648 6,876
AMPHENOL CORP NEW CL A (APH) 1,596 12,549
ANGLO AMERICAN PLC ADR (NGLOY) 3,248 3,361
AON PLC CL A (AON) 1,889 5,706
API GROUP CORP (APG) 3,719 3,903
APPLE INC (AAPL) 8,433 41,051
APTARGROUP INC (ATR) 1,148 982
ARCHER DANIELS MIDLAND (ADM) 1,933 2,119
ASML HOLDING NV NY REG NEW (ASML) 22,543 34,473
ASSA ABLOY AB UNSP ADR (ASAZY) 2,136 3,796
ASTRAZENECA PLC ADR (AZN) 4,731 5,610
ATLAS COPCO AS A ADR A NEW (ATLKY) 960 3,008
ATMOS ENERGY CP (ATO) 5,270 8,072
AVALONBAY COMM INC (AVB) 4,406 4,268
AZZ INC (AZZ) 1,013 1,064
BAE SYS PLC SPON ADR (BAESY) 5,707 5,764
BANCO BILBAO VIZ ARG SA ADS (BBVA) 1,454 5,361
BANCO SANTANDER S.A. (SAN) 5,301 7,578
BANK HAPOALIM BM SPONS ADR (BKHYY) 4,199 5,300
BANKINTER NEW (BKNIY) 2,271 4,671
BAXTER INTL INC (BAX) 3,866 2,140
BECTON DICKINSON & CO (BDX) 10,964 10,895
BENTLEY SYS INC COM CL B (BSY) 1,803 1,356
BIO RAD LAB A (BIO) 1,581 1,652
BIOGEN INC COM (BIIB) 1,229 1,610
BLACKROCK INC (BLK) 1,938 2,829
BLACKSTONE INC (BX) 3,981 5,328
BOOKING HOLDINGS INC (BKNG) 3,664 6,512
BOOZ ALLEN HAMILTON HLDG CL-A (BAH) 982 1,102
BROADCOM INC (AVGO) 3,642 19,566
BROOKFIELD INFRA CORP SB VTG A (BIPC 1,464 1,768
BROWN & BROWN INC (BRO) 2,111 2,383
BROWN FORMAN CORP CL B (BF'B) 4,814 3,544
BRUNSWICK CORP (BC) 1,207 1,563
BUREAU VERITAS SA ADR (BVVBY) 3,828 4,184
BWX TECHNOLOGIES INC COM (BWXT) 138 531
CANADIAN NATL RAILWAY CO (CNI) 1,486 2,078
CAPGEMINI S E UNSPONSORED ADR (CGEMY 2,940 2,738
CAPITAL ONE FINANCIAL CORP (COF) 1,854 10,370
CARETRUST REIT INC (CTRE) 1,603 1,795
CARLISLE CO INC (CSL) 950 1,601
CASEY'S GENERAL STORES INC (CASY) 1,041 5,089
CATERPILLAR INC (CAT) 659 1,502
CAVA GROUP INC (CAVA) 3,907 2,926
CENTENE CORPORATION (CNC) 2,691 2,544
CHARLES SCHWAB NEW (SCHW) 2,514 7,446
CHARTER COMMUNICATIONS INC (CHTR) 526 535
CHEMED CORPORATION (CHE) 1,673 1,492
CHESAPEAKE UTILITIES (CPK) 1,664 1,793
CHEVRON CORP (CVX) 4,490 6,706
CHEWY INC CL A (CHWY) 4,108 4,263
CHUBB LTD (CB) 2,481 3,516
CHUGAI PHARMACEUTIC UNSP ADR (CHGCY) 2,891 7,047
CHUGAI PHARMACEUTIC UNSP ADR (CHGCY) 4,263 7,349
CHURCHILL DOWNS INC (CHDN) 1,258 1,514
CINCINNATI FINANCIAL OHIO (CINF) 1,800 2,277
CINTAS CORP (CTAS) 326 2,064
CISCO SYS INC (CSCO) 3,798 6,614
CITIZENS FINANCIAL GROUP INC (CFG) 1,498 2,187
CLARIVATE PLC (CLVT) 1,767 912
CLEAR SECURE INC CL A (YOU) 1,725 2,368
CLOUDFLARE INC CL A (NET) 3,335 3,928
CNH INDUSTRIAL N V (CNH) 1,722 1,355
COCA COLA CO (KO) 7,456 12,654
COGNEX CORP (CGNX) 1,538 1,243
COGNIZANT TECH SOLUTIONS CL A (CTSH) 2,164 2,550
COHEN & STEERS INC (CNS) 1,521 1,383
COLGATE PALMOLIVE CO (CL) 5,050 5,404
COLOPLAST AS SPONSERED ADR (CLPBY) 2,825 1,950
COMCAST CORP (NEW) CLASS A (CMCSA) 3,799 3,228
COMMERCIAL METALS CO (CMC) 1,550 2,048
COMPAGNIE FIN RICHEMONTAG ADR (CFRUY 2,993 5,017
COMPASS GROUP PLC SPD ADR (CMPGY) 7,196 9,285
CONAGRA BRANDS INC (CAG) 4,594 3,462
CONCENTRIX CORP (CNXC) 1,870 1,099
CONOCOPHILLIPS (COP) 1,617 1,726
CONSTELLATION BRANDS INC CL A (STZ) 8,752 7,173
CONTEMPORARY AMP TEC CO LD ADR (CYAT 4,983 5,585
COPART INC (CPRT) 1,651 3,740
CORPAY INC (CPAY) 1,707 2,307
CORTEVA INC (CTVA) 3,087 8,915
COSTCO WHOLESALE CORP NEW (COST) 613 3,266
COTERRA ENERGY INC (CTRA) 2,998 5,290
CRANE COMPANY (CR) 2,060 4,282
CREDICORP LTD (BAP) 2,122 4,156
CREDO TECHNOLOGY GRP HOLDING (CRDO) 2,236 2,681
CRH PLC (CRH) 1,281 2,076
CROWDSTRIKE HLDGS INC CL A (CRWD) 2,747 3,116
CROWN HLDGS INC (HOLDING CO) (CCK) 2,182 2,613
CULLEN FROST BANKERS INC (CFR) 2,570 4,213
CURTISS WRIGHT CORP (CW) 2,630 5,300
CVS HEALTH CORP COM (CVS) 2,172 2,793
D R HORTON INC (DHI) 2,755 2,399
DAIFUKU CO LTD ADR (DFKCY) 2,015 3,333
DANAHER CORPORATION (DHR) 1,638 5,287
DASSAULT SYSTEMS SA ADS (DASTY) 1,319 2,255
DATADOG INC CL A (DDOG) 3,453 3,254
DBS GROUP HOLDINGS LTD SP (DBSDY) 3,098 11,468
DICKS SPORTING GOODS INC (DKS) 813 1,398
DIPLOMA PLC ADR (DPMAY) 3,140 5,167
DISCO CORP ADR (DSCSY) 8,537 9,650
DOLLAR GEN CORP NEW COM (DG) 546 1,005
DOLLAR TREE INC (DLTR) 1,078 1,615
DOMINION ENERGY INC (D) 2,060 2,620
DOMINOS PIZZA INC (DPZ) 965 1,439
DSV AS ADR (DSDVY) 4,493 4,758
DT MIDSTREAM INC (DTM) 1,688 1,973
DUKE ENERGY CORPORATION (DUK) 4,792 5,934
DYNATRACE INC (DT) 3,786 2,944
EATON CORP PLC SHS (ETN) 2,955 4,718
ECOLAB INC (ECL) 6,380 11,176
ELI LILLY & CO (LLY) 2,276 22,575
EMCOR GROUP INC (EME) 1,404 5,887
ENCOMPASS HEALTH CORP (EHC) 3,284 4,768
ENGIE SPONS ADR (ENGIY) 3,689 4,606
EPIROC AKTIEBOLAG CL A ADR (EPOAY) 1,525 3,939
EQUITY LIFESTYLE PROPERTIES (ELS) 2,841 3,612
EVERGY INC (EVRG) 2,397 3,290
EVERSOURCE ENERGY COM (ES) 2,613 2,895
EXPAND ENERGY CORPORATION (EXE) 1,549 1,624
EXPERIAN GP LTD ADR (EXPGY) 4,273 4,659
EXXON MOBIL CORP (XOM) 4,741 7,023
F&G ANNUITIES & LIFE INC (FG) 63 62
FACTSET RESEARCH SYSTEMS INC (FDS) 1,664 1,636
FAIR ISAAC & CO INC (FICO) 4,104 3,212
FANUC CORPORATION UNSP ADR (FANUY) 3,129 4,308
FASTENAL CO (FAST) 5,354 6,341
FIDELITY NATIONAL FINANCIAL IN (FNF) 944 2,357
FIDELITY NATL INFORMATION SE (FIS) 4,981 5,789
FIRST CITIZ BANCSHARES A (FCNCA) 249 2,275
FIRSTSERVICE CORP (FSV) 1,471 1,447
FISERV INC (FISV) 1,551 1,535
FLUOR CORP NEW (FLR) 1,686 1,525
FOMENTO ECONOMICO MEXICANO (FMX) 5,467 7,417
GALLAGHER ARTHUR J & CO (AJG) 575 1,733
GAMING & LEISURE PPTYS INC COM (GLPI 2,120 2,602
GARMIN LTD (GRMN) 3,432 3,270
GENL DYNAMICS CORP (GD) 2,302 6,133
GENMAB A S ADR (GMAB) 4,991 3,819
GENUINE PARTS CO (GPC) 1,480 2,600
GFL ENVIRONMENTAL INC SUB VTG (GFL) 1,244 1,570
GILDAN ACTIVEWEAR INC (GIL) 2,376 4,141
GLOBAL PAYMENT INC (GPN) 3,252 2,407
GRAPHIC PACKAGING HOLDING CO (GPK) 4,298 3,599
GRUPO FINANCIERO BANORTE SAB (GBOOY) 2,642 3,289
GUIDEWIRE SOFTWARE INC (GWRE) 2,892 3,133
HAIER SMART HOME CO LTD ADR (HSHCY) 2,891 2,957
HALEON PLC ADR (HLN) 4,610 5,601
HALLIBURTON CO (HAL) 2,164 2,253
HALMA PLC UNSPON ADR (HALMY) 2,410 4,654
HALOZYME THERAPEUTICS INC (HALO) 2,269 2,505
HAMILTON LANE CL A (HLNE) 1,142 1,781
HDFC BANK LTD ADR (HDB) 6,106 8,441
HEICO CORP NEW (HEI) 3,245 3,507
HENRY SCHEIN INC (HSIC) 1,611 1,870
HEXAGON AB ADR (HXGBY) 3,425 4,098
HEXCEL CORP NEW (HXL) 1,420 1,491
HF SINCLAIR CORPORATION (DINO) 1,050 1,816
HOME BANCSHARES INC (HOMB) 1,185 1,841
HOME DEPOT INC (HD) 6,354 9,682
HOULIHAN LOKEY INC CL A (HLI) 3,429 3,281
HOYA CORP SPONS ADR (HOCPY) 3,417 5,044
HUNTINGTON BANCSHARES (HBAN) 3,474 4,112
HUNTINGTON INGALLS INDUSTRIES (HII) 1,321 2,575
IAC INC NEW (IAC) 4,253 3,187
IDEXX LABS (IDXX) 2,172 1,989
ILL TOOL WORKS INC (ITW) 3,684 6,135
IMCD GROUP N V ADR (IMCDY) 2,153 1,417
IMI PLC (IMIUY) 2,661 2,878
INDUSTRIA DE DISENO TEXTIL IND (IDEX 3,463 4,202
ING GROEP NV ADR (ING) 2,714 5,936
INSULET CORP (PODD) 4,166 6,961
INTERCONTINENTAL EXCHANGE INC (ICE) 2,618 7,262
INTERCONTINENTAL HOTLS GRP ADR (IHG) 3,765 4,466
INTL BUSINESS MACHINES CORP (IBM) 1,022 2,739
INTUIT INC (INTU) 5,129 7,329
INTUITIVE SURGICAL INC (ISRG) 2,483 6,796
IQVIA HOLDINGS INC (IQV) 1,922 2,501
JACK HENRY & ASSOC INC (JKHY) 1,509 1,824
JACOBS SOLUTIONS INC (J) 361 450
JAZZ PHARMACEUTICALS PLC (JAZZ) 1,079 1,572
JOHNSON & JOHNSON (JNJ) 5,175 8,556
JPMORGAN CHASE & CO (JPM) 1,792 6,723
KBC GROUP NV UNSPONS ADR (KBCSY) 3,516 7,056
KBR INC (KBR) 1,218 1,090
KINDER MORGAN INCORP (KMI) 3,138 7,450
KINSALE CAP GROUP INC (KNSL) 1,002 1,328
KRAFT HEINZ CO COM (KHC) 4,702 3,662
KULICKE & SOFFA INDS (KLIC) 1,509 1,471
L OREAL CO ADR (LRLCY) 2,403 5,631
LABCORP HOLDINGS INC (LH) 3,123 7,095
LANDSTAR SYSTEM INC (LSTR) 1,118 1,317
LASERTEC CORP ADR (LSRCY) 5,616 6,922
LEGRAND SA (LGRDY) 4,075 4,483
LEMAITRE VASCULAR INC (LMAT) 682 1,430
LENNAR CORPORATION (LEN) 1,736 5,854
LIBERTY GLOBAL LTD CL A (LBTYA) 1,317 1,437
LINDE PLC (LIN) 4,339 7,165
LITHIA MTRS INC (LAD) 1,530 1,529
LITTELFUSE INC (LFUS) 1,148 1,813
LKQ CORPORATION (LKQ) 3,641 3,926
LOCKHEED MARTIN CORP (LMT) 5,388 7,157
LONDON STOCK EXCHANGE GRP ADR (LSEGY 3,745 3,883
LOTTOMATICA GROUP SPA ADR (LOTMY) 2,573 2,631
LOWES COMPANIES INC (LOW) 4,609 5,295
M3 INC ADR (MTHRY) 3,205 2,704
MANULIFE FINANCIAL CORP (MFC) 2,747 5,696
MAPLEBEAR INC (CART) 3,355 3,313
MARKEL GROUP INC (MKL) 2,441 4,871
MARKS & SPENCER GRP PLC ADR (MAKSY) 2,124 2,024
MARTIN MARIETTA MATERIALS (MLM) 1,914 7,763
MARUWA CO LTD ADR (MRUWY) 2,195 1,888
MASTERCARD INC CL A (MA) 2,367 12,385
MATADOR RES CO (MTDR) 1,931 1,730
MATCH GROUP INC (MTCH) 2,020 1,946
MC CORMICK AND CO NON VOTING (MKC) 2,734 3,836
MC DONALDS CORP (MCD) 3,398 6,007
MEDTRONIC PLC SHS (MDT) 5,784 6,810
MERCADOLIBRE INC (MELI) 3,605 4,347
MERCK & CO INC NEW COM (MRK) 9,870 10,484
META PLATFORMS INC CL A (META) 1,614 1,676
MICROCHIP TECHNOLOGY INC (MCHP) 7,528 11,215
MICROSOFT CORP (MSFT) 7,552 56,584
MITSUBISHI ELECTRIC ADR (MIELY) 2,212 4,083
MITSUBISHI UFJ FINCL GRP ADS (MUFG) 1,810 6,233
MITSUI FUDOSAN CO LTD ADR (MTSFY) 2,872 3,218
MIZUHO FNCL INC SPONS ADR (MFG) 2,004 3,623
MOLINA HEALTHCARE INC (MOH) 553 617
MOLSON COORS BEVERAGE CO CL B (TAP) 2,893 2,707
MONGODB INC CL A (MDB) 3,314 3,671
MONOLITHIC PWR SYSTEMS INC (MPWR) 752 4,684
MORGAN STANLEY (MS) 2,215 4,793
MORNINGSTAR INC COMMON (MORN) 1,175 1,551
MOTOROLA SOLUTIONS INC (MSI) 2,581 3,995
MTU AERO ENGINES AG (MTUAY) 3,176 6,273
NETEASE.COM INC ADS (NTES) 3,585 4,502
NETFLIX INC (NFLX) 8,985 12,845
NEWS CORPORATION CL A (NWSA) 1,201 1,951
NEXSTAR MEDIA GROUP INC (NXST) 932 2,160
NEXTERA ENERGY INC (NEE) 3,422 4,101
NICE LTD ADR (NICE) 5,402 4,844
NIKE INC B (NKE) 3,225 2,439
NINTENDO CO LTD ADR NEW (NTDOY) 4,827 3,591
NIPPON SANSO HOLDINGS CORP ADR (NPXY 1,649 1,683
NITORI HLDGS CO LTD ADR (NCLTY) 2,269 1,513
NOBLE CORP NEW A (NE) 1,975 1,540
NOMURA RESH INST LTD ADR (NRILY) 2,180 3,163
NORDEA BANK ABP SPON ADR (NRDBY) 3,643 5,592
NORDSON CP (NDSN) 1,408 1,884
NOVARTIS AG ADR (NVS) 2,712 3,115
NOVO NORDISK A/S ADR (NVO) 4,245 2,995
NOVONESIS (NOVOZYMES) B ADR (NVZMY) 1,520 2,098
NVENT ELECTRIC PLC (NVT) 3,420 6,121
NVIDIA CORPORATION (NVDA) 1,399 7,682
NY TIMES CL A COMMON (NYT) 1,139 1,628
O'REILLY AUTOMOTIVE INC NEW (ORLY) 1,178 6,500
OBIC CO LTD ADR (OBICY) 3,428 3,124
OGE ENERGY CORPORATION (OGE) 1,112 1,575
OLLIES BARGAIN OUTLET HLDG INC (OLLI 3,580 4,129
OMNICOM GROUP (OMC) 4,014 5,150
OSHKOSH CORP (OSK) 3,917 4,512
PALO ALTO NETWORKS INC (PANW) 1,163 5,465
PARKER HANNIFIN CORP (PH) 2,281 19,727
PATRICK INDUSTRIES (PATK) 545 566
PENUMBRA INC COM (PEN) 2,788 4,576
PERDOCEO ED CORP (PRDO) 1,064 1,027
PERRIGO CO LTD (PRGO) 5,966 2,840
PFIZER INC (PFE) 4,698 3,411
PHILIP MORRIS INTL INC (PM) 4,206 7,766
PING AN INSURANCE ADR (PNGAY) 3,972 3,181
PINTEREST INC CL A (PINS) 13,127 10,252
PJSC LUKOIL SPONSORED ADR 7,834  
PNC FINL SVCS GP (PNC) 3,005 5,503
POOL CORP (POOL) 545 1,089
POST HOLDINGS INC (POST) 572 1,029
POWER INTEGRATIONS INC (POWI) 1,987 1,345
PPG INDUSTRIES INC (PPG) 5,561 5,220
PRICESMART INC (PSMT) 1,415 1,880
PRIMERICA INC (PRI) 1,735 1,663
PROCTER & GAMBLE (PG) 10,085 12,566
PROSPERITY BANCSHARES (PB) 1,549 1,735
PT TELEKOMUNIKASI INDONESIA (TLK) 3,476 3,452
PUBLIC STORAGE (PSA) 4,163 3,815
PURE STORAGE INC CLASS A (PSTG) 2,621 3,247
QUAKER HOUGHTON (KWR) 551 555
QUALCOMM INC (QCOM) 2,838 6,656
QUANTA SERVICES INC (PWR) 6,719 17,248
QUEST DIAGNOSTICS INC (DGX) 962 1,571
R P M INC (RPM) 3,087 5,570
RAYMOND JAMES FINCL INC (RJF) 1,235 4,426
RECRUIT HOLDINGS CO. LTD. ADR (RCRUY 2,216 3,093
RELIANCE INC (RS) 901 1,956
RELX PLC SPONSORED ADR (RELX) 2,545 5,659
REPUBLIC SERVICES INC (RSG) 3,117 2,797
RESONA HOLDINGS INC ADR (RSHGY) 3,230 4,039
RIO TINTO PLC SPON ADR (RIO) 3,575 5,953
ROCHE HOLDINGS ADR (RHHBY) 4,215 6,962
ROCKWELL AUTOMATION INC (ROK) 3,611 6,544
ROSS STORES INC (ROST) 5,942 9,368
ROYAL GOLD INC (RGLD) 1,464 2,098
RTX CORPORATION (RTX) 1,013 3,615
RYANAIR HLDGS PLC ADR (RYAAY) 2,735 3,413
RYMAN HOSPITALITY PPTYS INC (RHP) 1,884 1,648
SAFRAN SA (SAFRY) 2,755 2,960
SALESFORCE INC (CRM) 5,441 9,995
SAMPO OYJ UNSPON ADR (SAXPY) 3,188 4,537
SCHNEIDER ELEC SA UNSP ADR (SBGSY) 4,895 8,166
SEA LIMITED ADR (SE) 2,703 1,883
SERVICENOW INC (NOW) 10,546 9,962
SF HOLDING CO LTD ADR (SFHOY) 2,492 2,094
SHELL PLC ADR (SHEL) 6,639 8,303
SHIN ETSU CHEM CO LTD ADR (SHECY) 3,603 2,767
SHIONOGI & CO LTD UNSPONS ADR (SGIOY 2,869 2,782
SIEMENS AKTIENGESELLSCHAFT (SIEGY) 2,134 3,140
SIRIUS XM HOLDINGS INC (SIRI) 2,334 1,878
SNOWFLAKE INC CL A (SNOW) 2,755 2,590
SONOVA HLDG AG UNSP ADR (SONVY) 906 1,891
SONY GROUP CORPORATION ADR (SONY) 5,108 13,440
SPOTIFY TECHNOLOGY SA (SPOT) 6,278 5,564
SPROUTS FARMERS MARKET INC (SFM) 3,249 1,796
SS&C TECHNOLOGIES HLDGS INC (SSNC) 1,492 1,620
SSE PLC SPON ADR (SSEZY) 3,170 3,165
STANDEX INTERNATIONAL CORP (SXI) 673 1,778
STARBUCKS CORP WASHINGTON (SBUX) 1,398 2,154
STERIS PLC (STE) 636 1,871
SUZUKI MTR CORP ADR (SZKMY) 1,411 2,279
SYMRISE AG UNSPONS ADR (SYIEY) 1,873 2,508
SYNOPSYS INC (SNPS) 15,908 19,236
SYSMEX CORP UNSPON ADR (SSMXY) 5,303 2,785
TAIWAN SMCNDCTR MFG CO LTD ADR (TSM) 8,437 27,149
TAPESTRY INC (TPR) 3,315 4,450
TD SYNNEX CORPORATION (SNX) 1,394 2,023
TECHTRONIC IND LTD SPONS ADR (TTNDY) 7,073 5,948
TELEDYNE TECH INC (TDY) 3,037 5,664
TENCENT HLDGS LTD UNSPON ADR (TCEHY) 7,447 10,334
TERRENO RLTY CORP COM (TRNO) 1,797 1,698
TETRA TECH INC (TTEK) 1,073 1,588
TEXAS INSTRUMENTS (TXN) 4,417 6,402
TEXAS ROADHOUSE INC CL A (TXRH) 3,351 3,067
THALES USDPONSORD ADR (THLLY) 913 2,238
THE CAMPBELLS COMPANY (CPB) 1,075 1,015
THE ENSIGN GROUP INC (ENSG) 451 2,250
THE MOSAIC COMPANY (MOS) 3,635 2,698
THERMO FISHER SCIENTIFIC (TMO) 1,058 3,985
TJX COS INC NEW (TJX) 3,077 7,327
TOAST INC CL A (TOST) 2,759 2,302
TOTALENERGIES SE ACT (TTE) 5,018 5,170
TRANSUNION (TRU) 1,474 1,881
TRAVEL PLUS LEISURE CO (TNL) 1,171 2,044
TRUIST FINL CORP (TFC) 3,580 5,610
TYSON FOODS INC CL A (TSN) 2,149 2,306
U HAUL HOLDING COMPANY SER N (UHAL'B 2,433 2,077
U S BANCORP COM NEW (USB) 4,050 6,510
U S PHYSICAL THERAPY INC (USPH) 1,965 1,899
UBER TECHNOLOGIES INC (UBER) 12,063 15,361
UFP INDUSTRIES INC (UFPI) 1,047 1,306
ULTA BEAUTY INC (ULTA) 5,008 10,318
UNICHARM CORP UNSPON ADR (UNICY) 3,788 2,018
UNIFIRST CP (UNF) 1,735 1,810
UNILEVER PLC NEW ADR (UL) 4,717 6,802
UNITEDHEALTH GP INC (UNH) 4,591 2,865
UNIVERSAL DISPLAY CORP (OLED) 1,887 1,587
UNIVERSAL MUSIC GROUP NV ADR (UNVGY) 3,390 4,060
VALMONT INDUSTRIES (VMI) 1,330 2,226
VERALTO CORP (VLTO) 960 2,549
VERIZON COMMUNICATIONS (VZ) 16,267 14,174
VERTEX PHARMACEUTICALS (VRTX) 6,192 6,691
VIATRIS INC (VTRS) 2,338 2,702
VIKING HOLDINGS LTD (VIK) 3,342 4,087
VISA INC CL A (V) 10,765 15,520
VONTIER CORPORATION (VNT) 1,546 2,051
WALMART INC (WMT) 1,068 3,604
WALT DISNEY CO HLDG CO (DIS) 5,824 6,959
WASTE MGMT INC (DELA) (WM) 2,699 5,955
WATSCO INC (WSO) 606 1,329
WEC ENERGY GROUP INC COM (WEC) 3,660 4,310
WELLS FARGO & CO NEW (WFC) 5,861 6,811
WESCO INTL INC (WCC) 2,396 3,742
WEST PHARMACEUTICAL SVCS INC (WST) 2,062 6,770
WESTLAKE CORPORATION (WLK) 1,840 1,771
WINGSTOP INC (WING) 883 1,560
XCEL ENERGY INC (XEL) 5,386 5,988
ZIMMER BIOMET HLDGS INC COM (ZBH) 2,720 2,373
ZOETIS INC CLASS-A (ZTS) 5,848 7,757
FIDELITY MSCI CONS DISCRET (FDIS) 8,210 10,318
FIDELITY MSCI INFO TECH (FTEC) 46,522 62,234
GRANITESHARES GOLD TRUST ETF (BAR) 7,992 26,429
INVESCO NATIONAL AMT-FREE MUNI (PZA) 18,773 18,830
INVESCO QQQ TRUST, SERIES 1 (QQQ) 93,278 103,204
INVESCO S&P 500 EQUAL WEIGHT E (RSP) 34,845 34,289
ISHARES 10-20 YR TREASU BD ETF (TLH) 30,669 27,858
ISHARES GLOBAL HEALTHCARE ETF (IXJ) 18,318 25,519
ISHARES INC MSCI EMRG MKTETF (EMXC) 22,279 30,235
ISHARES MSCI EMU ETF (EZU) 32,456 35,063
ISHARES MSCI INTERNATIONAL Q (IQLT) 96,814 114,989
JANUS HENDERSON MORTG BACKED (JMBS) 106,993 110,753
SPDR S&P 500 ETF TRUST (SPY) 123,816 138,430
ST STR CONSUMER STAPLS SEL SEC (XLP) 11,650 11,497
ST STR ENERGY SEL SEC SPDR (XLE) 32,261 32,594
ST STR UTILITIES SEL SEC SPDR (XLU) 39,518 46,489
STATE STREET COMMUNICATION SER (XLC) 11,339 15,892
STATE STREET INDUSTRL SLCT SEC (XLI) 31,944 34,126
STATE STREET SPDR BLOOMBERG (BIL) 160,268 160,281
STATE STREET SPDR PORTFOLIO (SPTI) 66,456 67,082
STATE STREET SPDR PORTFOLIO SH (SPTS 53,942 54,519
STATE STREET SPDR S&P DIVIDEND (SDY) 23,808 26,719
STATE STREET SPDR S&P MET&MIN (XME) 35,208 34,813
VANECK GOLD MINERS ETF (GDX) 53,188 78,222
VANGUARD MID CAP VALUE ETF (VOE) 33,931 69,529
VANGUARD MIDCAP GROWTH ETF (VOT) 27,815 69,506
VANGUARD SMALL CAP ETF (VB) 14,728 34,049
VANGUARD VALUE ETF INDEX (VTV) 169,114 346,265
PERFORMANCE TR TOTAL RET BD I (PTIAX 491,704 446,026
PIMCO INCOME I2 (PONPX) 911,857 871,212
WA SMASH SRS CR PLS COMPLETION (LMEC 643,940 474,483
WESTERN ASSET SMASH SERIES C (LMLCX) 163,556 164,581
WESTERN ASSET SMASH SERIES M (LMSMX) 279,776 217,997

TY 2025 InvestmentsGovtObligationsSch
Name:
THE VALENTINE FOUNDATION
EIN:
90-0527475
US Government Securities - End of Year Book Value:

551,816
US Government Securities - End of Year Fair Market Value:

516,118
State & Local Government Securities - End of Year Book Value:


 
State & Local Government Securities - End of Year Fair Market Value:


 


TY 2025 LegalFeesSchedule
Name:
THE VALENTINE FOUNDATION
EIN:
90-0527475
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 5,637     5,637


TY 2025 OtherExpensesSchedule
Name:
THE VALENTINE FOUNDATION
EIN:
90-0527475
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXPENSES        
INSURANCE EXPENSE 1,688     1,688
MEMBERSHIP & DUES 11,818     11,818
MEALS 1,075     1,075
TELEPHONE & INTERNET 642     642
OFFICE EXPENSE 2,604     2,604
BUSINESS FILING FEES 402     402
DONATION PLATFORM FEES 36     36
MARKETING EXPENSES 2,961     2,961
TEMPORARY HELP 74,758     74,758


TY 2025 OtherIncomeSchedule2
Name:
THE VALENTINE FOUNDATION
EIN:
90-0527475
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INCOME 246 246  
RETURN OF GRANT 7,705   7,705


TY 2025 OtherIncreasesSchedule
Name:
THE VALENTINE FOUNDATION
EIN:
90-0527475
Description Amount
COST BASIS ADJUSTMENT 2,994


TY 2025 OtherProfessionalFeesSchedule
Name:
THE VALENTINE FOUNDATION
EIN:
90-0527475
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT ADVISORY FEES 73,072 73,072    


TY 2025 TaxesSchedule
Name:
THE VALENTINE FOUNDATION
EIN:
90-0527475
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAX PAID 2,883 2,883