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
PEOPLES CHARITABLE FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address) 515 FRANKLIN ST
  Room/suite
City or town
MICHIGAN CITY
State or province
IN
Country  
ZIP or foreign postal code
46360
A Employer identification number

35-1897837
B Telephone number (see instructions)

2607029721
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)$6,502,245J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check .................
3 Interest on savings and temporary cash investments 6,063 6,063  
4 Dividends and interest from securities... 173,492 173,492  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 119,680
b Gross sales price for all assets on line 6a 933,523
7 Capital gain net income (from Part IV, line 2)... 119,680
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).......      
12 Total. Add lines 1 through 11........ 299,235 299,235  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
2,530 127   2,403
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
41,423 2,071   39,532
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
10,064 503   9,561
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 54,017 2,701   51,496
25 Contributions, gifts, grants paid....... 199,659 199,659
26 Total expenses and disbursements. Add lines 24 and 25 ................ 253,676 2,701   251,155
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 45,559
b Net investment income (if negative, enter -0-) 296,534
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............. 151,867 99,406 99,406
2 Savings and temporary cash investments.........      
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)      
b Investments—corporate stock (attach schedule)....... 4,570,118 Click to see attachment
List of Attached Documents:
// Content
4,668,138 		6,402,839
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)..........      
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) 4,721,985 4,767,544 6,502,245
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe )    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 4,721,985 4,767,544
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)..... 4,721,985 4,767,544
30 Total liabilities and net assets/fund balances (see instructions). 4,721,985 4,767,544
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
4,721,985
2
Enter amount from Part I, line 27a .....................
2
45,559
3
Other increases not included in line 2 (itemize)
3
 
4
Add lines 1, 2, and 3 ..........................
4
4,767,544
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
4,767,544
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 19.16 SH CARILLON REAMS UNCONSTRAIN P 2024-09-20 2025-01-14
b 1 SH FLEXSHARES CREDIT SCORED P 2025-03-03 2025-07-08
c 15.156 SH MFS INTERNATIONAL INTSINS P 2019-12-23 2025-03-02
d 523 SH VANGUARD BD INDEX FDS P 2024-10-30 2025-01-14
e 25.823 SH COLUMBIA SMALL CAP VALUE P 2024-09-20 2025-01-13
2 SH ISHARES MSCI EAFE INDEX P 2024-05-23 2025-07-08
87 SH VANGUARD BD INDEX FDS P 2022-12-22 2025-01-13
1 SH ADOBE SYSTEMS INC P 2024-09-27 2025-06-20
13 SH AMAZON.COM INC P 2023-07-07 2025-07-10
1.0002 SH BATH & BODY WORKS INC P 2023-07-07 2025-07-10
1 SH BRISTOL MYERS SQUIBB CO P 2025-03-13 2025-07-10
10 SH CHIPOTLE MEXICAN GRILL INC P 2024-09-27 2025-03-13
12.287 SH COLUMBIA SMALL CAP VALUE P 2024-05-28 2025-07-10
967.81 SH DRIEHAUS SMALL CAP GROWTH P 2022-05-13 2025-07-10
1 SH FEDEX CORP P 2024-08-29 2025-06-20
1 SH GENERAL DYNAMICS CORP P 2024-08-29 2025-03-13
4 SH HOME DEPOT INC P 2023-07-07 2025-07-10
13 SH JPMORGAN P 2023-07-07 2025-10-17
1 SH MCDONALDS CORP P 2024-09-27 2025-03-13
20 SH MONDELEZ INTERNATIONAL INC P 2023-07-07 2025-07-10
3 SH NVIDIA CORP P 2023-07-07 2025-06-20
42.9869 SH PFIZER INC P 2025-03-13 2025-07-10
8 SH SLB LIMITED P 2024-09-20 2025-07-10
68 SH VANGUARD BD INDEX FDS P 2022-12-27 2025-07-10
19.626 SH CARILLON REAMS UNCONSTRAIN P 2023-10-30 2025-07-08
5 SH FLEXSHARES QUALITY DIVIDEND P 2024-09-20 2025-01-14
5.434 SH MFS INTERNATIONAL INTSINS P 2020-01-30 2025-03-03
1 SH VANGUARD MID-CAP VALUE ETF P 2023-07-07 2025-03-03
46.483 SH DFA EMERGING MARKETS P 2024-09-20 2025-07-08
27 SH ISHARES CORE MSCI EAFE ETF P 2023-07-07 2025-07-08
495 SH VANGUARD BD INDEX FDS P 2024-10-30 2025-01-13
2 SH ADOBE SYSTEMS INC P 2025-03-13 2025-06-20
7 SH AMAZON.COM INC P 2024-05-24 2025-07-10
21.998 SH BATH & BODY WORKS INC P 2023-07-07 2025-07-10
1 SH BROADCOM LTD P 2025-06-20 2025-07-10
53 SH CHIPOTLE MEXICAN GRILL INC P 2023-07-07 2025-03-13
39.874 SH COLUMBIA SMALL CAP VALUE P 2022-10-28 2025-07-10
1 SH DUPONT DE NEMOURS INC P 2024-09-27 2025-03-13
414 SH FLEXSHARES MORNINGSTAR GLOBAL P 2023-10-27 2025-07-10
7 SH GENERAL DYNAMICS CORP P 2023-07-07 2025-06-20
7 SH HONEYWELL INTERNATIONAL INC P 2023-07-07 2025-07-10
209.179 SH JOHN HANCOCK FUNDS P 2020-05-20 2025-07-10
9 SH MCDONALDS CORP P 2023-07-07 2025-03-13
1 SH NETFLIX INC P 2025-06-20 2025-07-10
20 SH NVIDIA CORP P 2024-05-24 2025-06-20
5 SH PROCTER & GAMBLE INC P 2023-07-07 2025-07-10
63 SH SLB LIMITED P 2023-07-07 2025-12-22
7.0008 SH VANGUARD REIT ETF P 2024-09-20 2025-07-10
70.6 SH COLUMBIA SMALL CAP VALUE P 2023-01-18 2025-01-14
3 SH FLEXSHARES QUALITY DIVIDEND P 2023-10-27 2025-01-14
3.483 SH MFS INTERNATIONAL INTSINS P 2020-01-30 2025-03-03
6 SH VANGUARD REIT ETF P 2024-09-20 2025-03-03
19.988 SH DFA INTERNATIONAL VALUE P 2024-05-24 2025-07-08
3 SH ISHARES CORE MSCI EAFE ETF P 2024-05-23 2025-07-08
10 SH VANGUARD REIT ETF P 2024-09-20 2025-01-13
2 SH ADOBE SYSTEMS INC P 2024-04-04 2025-07-10
10 SH AMAZON.COM INC P 2024-09-27 2025-10-17
4 SH BATH & BODY WORKS INC P 2023-07-07 2025-07-10
5 SH BROADCOM LTD P 2025-03-13 2025-07-10
71 SH CHIPOTLE MEXICAN GRILL INC P 2023-07-07 2025-06-20
1210.705 SH COLUMBIA SMALL CAP VALUE P 2023-01-18 2025-07-10
1 SH DUPONT DE NEMOURS INC P 2024-08-29 2025-07-10
98 SH FLEXSHARES IBOXX 3 YEAR TARGET P 2024-01-31 2025-07-10
1 SH GENERAL DYNAMICS CORP P 2024-08-29 2025-06-20
1 SH HONEYWELL INTERNATIONAL INC P 2023-07-07 2025-07-10
345.161 SH JOHN HANCOCK FUNDS P 2024-09-20 2025-07-10
2 SH MCDONALDS CORP P 2023-07-07 2025-07-10
48 SH NETFLIX INC P 2025-06-20 2025-12-22
53 SH NVIDIA CORP P 2023-07-07 2025-07-10
1 SH PROCTER & GAMBLE INC P 2024-08-29 2025-07-10
22 SH CHARLES SCHWAB P 2023-07-07 2025-07-10
112.9992 SH VANGUARD REIT ETF P 2024-09-20 2025-07-10
44.502 SH DFA EMERGING MARKETS P 2024-09-20 2025-03-03
6 SH FLEXSHARES QUALITY DIVIDEND P 2023-10-27 2025-03-03
52.614 SH NORTHERN MID CAP INDEX P 2023-10-30 2025-01-14
4 SH VANGUARD INDEX FUNDS SMALLCAP P 2023-10-27 2025-01-14
104.397 SH DFA INTERNATIONAL VALUE P 2023-10-30 2025-07-08
1.665 SH JOHN HANCOCK FUNDS DISC P 2024-04-05 2025-01-13
17 SH VANGUARD INDEX FUNDS SMALLCAP P 2023-10-27 2025-01-13
1 SH ADOBE SYSTEMS INC P 2025-03-13 2025-07-10
1 SH AMERICAN TOWER CORP REIT P 2024-09-27 2025-03-13
3 SH BATH & BODY WORKS INC P 2025-03-13 2025-10-17
1 SH BROADCOM LTD P 2025-03-13 2025-10-17
29 SH CHIPOTLE MEXICAN GRILL INC P 2023-07-07 2025-07-10
37.511 SH COLUMBIA SMALL CAP VALUE P 2024-04-05 2025-07-10
1 SH DUPONT DE NEMOURS INC P 2024-08-29 2025-07-10
3 SH FLEXSHARES IBOXX 3 YEAR TARGET P 2024-01-31 2025-07-10
6 SH GENERAL DYNAMICS CORP P 2018-08-21 2025-06-20
46 SH HONEYWELL INTERNATIONAL INC P 2023-07-07 2025-10-17
23.259 SH JOHN HANCOCK FUNDS P 2024-04-05 2025-07-10
1 SH MICROSOFT CORP P 2024-09-27 2025-03-13
14 SH NEXTERA ENERGY INC P 2023-07-07 2025-07-10
9 SH NVIDIA CORP P 2023-07-07 2025-10-17
2 SH PROCTER & GAMBLE INC P 2024-09-27 2025-07-10
1 SH SERVICENOW INC P 2025-03-13 2025-06-20
86 SH VANGUARD INDEX FUNDS SMALLCAP P 2023-07-07 2025-07-10
87.132 SH DFA INTERNATIONAL VALUE P 2023-10-06 2025-03-03
17 SH ISHARES MSCI EMERGING MARKETS P 2024-09-20 2025-03-03
4.641 SH NORTHERN MID CAP INDEX P 2024-09-20 2025-01-14
6 SH VANGUARD INDEX FUNDS SMALLCAP P 2023-10-27 2025-01-14
12.667 SH DRIEHAUS EMERGING MARKETS P 2024-01-29 2025-07-08
65.598 SH JOHN HANCOCK FUNDS DISC P 2024-09-20 2025-01-13
1 SH VANGUARD INDEX FUNDS SMALLCAP P 2024-05-23 2025-01-13
2 SH ADVANCED MICRO DEVICES P 2024-09-20 2025-06-20
6 SH AMERICAN TOWER CORP REIT P 2023-07-07 2025-07-10
6 SH BECTON DICKINSON & CO P 2025-03-13 2025-07-10
42 SH CDW CORP P 2023-07-07 2025-06-20
186 SH CHIPOTLE MEXICAN GRILL INC P 2023-07-07 2025-12-22
2 SH COMCAST CORP P 2023-07-07 2025-03-13
8 SH DUPONT DE NEMOURS INC P 2023-07-07 2025-07-10
241 SH FLEXSHARES IBOXX 3 YEAR TARGE P 2024-01-31 2025-07-10
2 SH GENERAL DYNAMICS CORP P 2018-12-06 2025-06-20
1 SH HONEYWELL INTERNATIONAL INC P 2025-06-20 2025-10-17
1 SH JOHNSON & JOHNSON P 2025-03-13 2025-07-10
1 SH MICROSOFT CORP P 2024-05-24 2025-03-13
1 SH NIKE INC P 2023-07-07 2025-06-20
14 SH NVIDIA CORP P 2024-09-20 2025-10-17
30.5 SH QNITY ELECTRONICS INC P 2023-07-07 2025-11-05
1 SH SERVICENOW INC P 2024-07-24 2025-07-10
2 SH VANGUARD INDEX FUNDS SMALLCAP P 2024-05-24 2025-07-10
15.846 SH DRIEHAUS EMERGING MARKET P 2019-10-08 2025-03-03
13 SH ISHARES MSCI EMERGING MARKETS P 2023-07-07 2025-03-03
6.868 SH NORTHERN MID CAP INDEX P 2024-05-24 2025-01-14
11.577 SH VANGUARD 500 INDEX ADMIRAL P 2023-10-06 2025-03-03
1.727 SH DRIEHAUS SMALL CAP GROWTH P 2021-07-09 2025-01-13
41.189 SH JOHN HANCOCK FUNDS DISC P 2019-01-18 2025-01-13
22 SH VANGUARD INDEX FUNDS SMALLCAP P 2023-10-27 2025-01-13
2 SH ADVANCED MICRO DEVICES P 2024-08-29 2025-06-20
1 SH AMERICAN TOWER CORP REIT P 2024-09-27 2025-07-10
1 SH BECTON DICKINSON & CO P 2025-03-13 2025-12-22
12 SH CVS HEALTH CORP P 2023-07-07 2025-07-10
3 SH CHIPOTLE MEXICAN GRILL INC P 2025-10-17 2025-12-22
2 SH COMCAST CORP P 2023-07-07 2025-07-10
61 SH DUPONT DE NEMOURS INC P 2023-07-07 2025-12-22
38.0667 SH FLEXSHARES IBOXX 3 YEAR P 2024-09-20 2025-07-10
2 SH GENERAL DYNAMICS CORP P 2019-03-06 2025-07-10
20 SH INTERCONTINENTAL EXCHANGE INC P 2023-07-07 2025-03-13
5 SH JOHNSON & JOHNSON P 2025-03-13 2025-07-10
8 SH MICROSOFT CORP P 2023-07-07 2025-06-20
2 SH NIKE INC P 2023-07-07 2025-07-10
10 SH ORACLE CORP P 2023-07-07 2025-07-10
.5 SH QNITY ELECTRONICS INC P 2024-08-29 2025-11-05
1 SH SERVICENOW INC P 2024-07-24 2025-12-22
5 SH VANGUARD INDEX FUNDS SMALLCAP P 2024-05-24 2025-07-10
.503 SH DRIEHAUS SMALL CAP GROWTH P 2022-04-27 2025-01-14
24 SH ISHARES MSCI EAFE INDEX P 2023-07-07 2025-03-03
40.52 SH PUTNAM LARGE CAP VALUE P 2023-10-06 2025-03-03
8 SH VANGUARD INDEX FUNDS GROWTH P 2023-10-27 2025-01-14
185.487 SH DRIEHAUS SMALL CAP GROWTH P 2022-04-27 2025-01-13
7.376 SH BWG CLEARBRIDGE INTERNATION P 2024-01-29 2025-07-08
10.74 SH VANGUARD 500 INDEX ADMIRAL P 2017-01-06 2025-01-13
15 SH ADVANCED MICRO DEVICES P 2024-08-29 2025-07-10
1 SH AMERICAN TOWER CORP REIT P 2024-09-27 2025-07-10
1.0005 SH BIOGEN INC P 2025-03-13 2025-07-10
4 SH CVS HEALTH CORP P 2025-06-20 2025-07-10
27 SH CISCO SYSTEMS INC P 2023-07-07 2025-07-10
27 SH COMCAST CORP P 2023-07-07 2025-07-10
1 SH DUPONT DE NEMOURS INC P 2024-08-29 2025-12-22
817.9333 SH FLEXSHARES IBOXX 3 YEAR P 2024-09-20 2025-07-10
2 SH GENERAL DYNAMICS CORP P 2018-12-06 2025-07-10
7 SH INTERCONTINENTAL EXCHANGE INC P 2023-07-07 2025-07-10
7 SH KKR & CO INC P 2025-06-20 2025-07-10
19 SH MICROSOFT CORP P 2023-07-07 2025-07-10
3 SH NIKE INC P 2023-07-07 2025-10-17
2 SH ORACLE CORP P 2024-09-27 2025-10-17
1 SH QNITY ELECTRONICS INC P 2025-10-17 2025-11-05
2 SH TJX COS INC P 2023-07-07 2025-06-20
112 SH VANGUARD INDEX FUNDS SMALLCAP P 2023-07-07 2025-07-10
6.479 SH DRIEHAUS SMALL CAP GROWTH P 2021-07-09 2025-01-14
4 SH ISHARES RUSSELL 200 INDEX P 2025-01-14 2025-03-03
14.952 SH PUTNAM LARGE CAP GROWTH P 2025-01-14 2025-03-03
3 SH VANGUARD INDEX FUNDS GROWTH P 2023-10-27 2025-03-03
35 SH FLEXSHARES MORNINGSTAR GLOBAL P 2023-10-27 2025-01-13
6.036 SH BWG CLEARBRIDGE INTERNATION P 2024-05-24 2025-07-08
40 SH VANGUARD INDEX FUNDS GROWTH P 2023-10-27 2025-01-13
1 SH ALPHABET INC P 2023-07-07 2025-06-20
6 SH CENCORA INC P 2023-07-07 2025-07-10
5.9995 SH BIOGEN INC P 2025-03-13 2025-07-10
2 SH CVS HEALTH CORP P 2025-03-13 2025-07-10
16 SH CITIGROUP INC P 2025-06-20 2025-07-10
2 SH COMCAST CORP P 2023-07-07 2025-10-17
2 SH DUPONT DE NEMOURS INC P 2025-10-17 2025-12-22
164 SH FLEXSHARES CREDIT SCORED P 2024-01-31 2025-07-10
33 SH GENERAL DYNAMICS CORP P 2023-07-10 2025-07-10
1 SH INTUIT P 2025-06-20 2025-07-10
3 SH KKR & CO INC P 2025-06-20 2025-12-22
1 SH MICROSOFT CORP P 2024-09-27 2025-10-17
3 SH NIKE INC P 2023-07-07 2025-10-17
26 SH PALO ALTO NETWORKS INC P 2023-07-07 2025-03-13
12 SH RTX CORPORATION P 2025-06-20 2025-07-10
13 SH TJX COS INC P 2023-07-07 2025-07-10
2 SH ZIMMER BIOMET HOLDINGS INC P 2023-07-07 2025-03-13
42.334 SH DRIEHAUS SMALL CAP GROWTH P 2021-07-09 2025-01-14
2 SH ISHARES INTERMEDIATE GOVERNMENT P 2022-12-27 2025-07-08
12.893 SH RECURRENT MLP AND INFRAST P 2024-09-20 2025-01-14
23 SH ETF VANGUARD VALUE P 2023-10-27 2025-01-14
2 SH FLEXSHARES MORNINGSTAR GLOBAL P 2023-10-27 2025-07-08
31.989 SH MFS INTERNATIONAL INTRINS P 2024-09-20 2025-07-08
105 SH ETF VANGUARD VALUE P 2023-10-27 2025-01-13
10 SH ALPHABET INC P 2023-07-07 2025-07-10
5 SH ANALOG DEVICES P 2024-09-20 2025-03-13
13 SH BLACKSTONE GROUP INC P 2023-07-07 2025-07-10
4 SH CVS HEALTH CORP P 2023-07-07 2025-10-17
2 SH CITIGROUP INC P 2025-10-17 2025-12-22
189 SH COMCAST CORP P 2023-07-07 2025-10-17
8 SH EOG RESOURCES INC P 2025-06-20 2025-07-10
6 SH FLEXSHARES CREDIT SCORED P 2024-01-31 2025-07-10
64 SH GSK PLC P 2023-07-10 2025-12-22
28.9974 SH ISHARES INTERMEDIATE GOV P 2024-09-20 2025-07-10
14 SH MARSH P 2023-07-07 2025-03-13
3 SH MICROCHIP TECHNOLOGY INC P 2023-12-15 2025-03-13
5 SH NORFOLK SOUTHERN CORP P 2023-07-07 2025-07-10
1 SH PALO ALTO NETWORKS INC P 2024-04-04 2025-06-20
37 SH ROCHE HLDG LTD ADR P 2023-07-07 2025-07-10
1 SH TJX COS INC P 2024-08-29 2025-12-22
3.0001 SH ZIMMER BIOMET HOLDINGS INC P 2023-07-07 2025-07-10
3 SH FLEXSHARES MORNINGSTAR GLOBAL P 2023-10-05 2025-01-14
22 SH ISHARES CORE MSCI EAFE ETF P 2023-07-07 2025-03-03
14.376 SH RECURRENT MLP AND INFRAST P 2024-09-20 2025-03-03
9 SH ETF VANGUARD VALUE P 2023-10-27 2025-03-03
35 SH FLEXSHARES IBOXX 3 YEAR TARGET P 2024-01-31 2025-01-13
8.357 SH NORTHERN MID CAP INDEX P 2024-05-24 2025-01-13
2 SH ABBOTT LABS P 2023-07-07 2025-03-13
5 SH ALPHABET INC P 2023-07-07 2025-10-17
17 SH ANALOG DEVICES P 2023-07-07 2025-03-13
2 SH BLACKSTONE GROUP INC P 2024-08-29 2025-12-22
14 SH CARRIER GLOBAL CORPORATION P 2025-03-13 2025-07-10
1 SH COCA COLA CO P 2024-08-29 2025-03-13
8 SH COSTCO WHOLESALE CORP P 2023-07-07 2025-03-13
11 SH EXXON MOBIL CORP P 2023-07-07 2025-07-10
12.003 SH FLEXSHARES CREDIT SCORED P 2024-09-20 2025-07-10
1 SH GRAINGER INC P 2024-09-27 2025-03-13
398.0026 SH ISHARES INTERMEDIATE GOV P 2024-09-20 2025-07-10
3 SH MARSH P 2024-04-04 2025-07-10
83 SH MICROCHIP TECHNOLOGY INC P 2023-12-15 2025-03-13
3 SH NORFOLK SOUTHERN CORP P 2024-04-04 2025-07-10
5 SH PALO ALTO NETWORKS INC P 2024-04-04 2025-07-10
54 SH ROCHE HLDG LTD ADR P 2023-07-07 2025-12-22
10 SH TAPESTRY INC P 2025-06-20 2025-07-10
7.9999 SH ZIMMER BIOMET HOLDINGS INC P 2023-07-07 2025-07-10
11 SH FLEXSHARES MORNINGSTAR GLOBAL P 2023-10-05 2025-03-03
1 SH ISHARES CORE MSCI EAFE ETF P 2024-09-20 2025-03-03
48.561 SH VANGUARD GROWTH & INCOME P 2025-01-14 2025-03-03
4.497 SH CARILLON REAMS UNCONSTRAIN P 2024-09-20 2025-01-13
9 SH FLEXSHARES HIGH YIELD P 2024-09-20 2025-01-13
50.108 SH NORTHERN MID CAP INDEX P 2024-09-20 2025-01-13
20 SH ABBOTT LABS P 2023-07-07 2025-07-10
9 SH ALPHABET INC P 2023-07-07 2025-07-10
6 SH ANALOG DEVICES P 2023-07-07 2025-07-10
1 SH BLACKSTONE GROUP INC P 2023-07-07 2025-12-22
1 SH CARRIER GLOBAL CORPORATION P 2025-06-20 2025-07-10
13 SH COCA COLA CO P 2023-07-07 2025-07-10
1 SH COSTCO WHOLESALE CORP P 2023-07-07 2025-06-20
3 SH META PLATFORMS INC P 2019-05-23 2025-07-10
374.997 SH FLEXSHARES CREDIT SCORED P 2024-09-20 2025-07-10
8 SH GRAINGER INC P 2023-07-07 2025-03-13
237 SH ISHARES INTERMEDIATE GOV P 2022-12-27 2025-07-10
2 SH MARSH P 2024-09-27 2025-07-10
1 SH MICROCHIP TECHNOLOGY INC P 2024-09-20 2025-03-13
15 SH NORFOLK SOUTHERN CORP P 2023-07-07 2025-10-17
28 SH PAYPAL HLDGS INC P 2024-09-20 2025-07-10
1 SH SALESFORCE COM INC P 2024-08-29 2025-06-20
1 SH TRUIST FINL CORP P 2023-07-07 2025-03-13
2 SH ACCENTURE PLC P 2024-09-27 2025-07-10
32 SH FLEXSHARES IBOXX 3 YEAR TARGET P 2024-01-31 2025-01-14
13.156 SH JOHN HANCOCK FUNDS DISC P 2019-10-08 2025-01-14
3.959 SH VANGUARD EQUITY INCOME P 2024-09-20 2025-01-14
2.176 SH COLUMBIA SMALL CAP VALUE P 2023-01-18 2025-01-13
36 SH FLEXSHARES QUALITY DIVIDEND P 2024-09-20 2025-01-13
185.227 SH NORTHERN MID CAP INDEX P 2023-10-30 2025-01-13
6 SH ABBOTT LABS P 2024-09-27 2025-12-22
17 SH ALPHABET INC P 2024-08-29 2025-10-17
30 SH APPLE INC P 2023-07-07 2025-07-10
9 SH BLACKROCK INC P 2023-07-07 2025-06-20
117 SH CARRIER GLOBAL CORPORATION P 2025-03-13 2025-12-22
4 SH COCA COLA CO P 2024-09-27 2025-07-10
3 SH COSTCO WHOLESALE CORP P 2023-07-07 2025-07-10
3 SH META PLATFORMS INC P 2022-05-12 2025-07-10
112 SH FLEXSHARES QUALITY DIVIDEND P 2024-05-24 2025-07-10
1 SH HALLIBURTON CO P 2023-07-07 2025-03-13
3 SH JPMORGAN P 2024-05-24 2025-06-20
2 SH MARSH P 2025-10-17 2025-12-22
4 SH MICROCHIP TECHNOLOGY INC P 2023-12-15 2025-03-13
89.696 SH NORTHERN MID CAP INDEX P 2024-05-28 2025-07-10
2 SH PAYPAL HLDGS INC P 2024-09-27 2025-07-10
1 SH SALESFORCE COM INC P 2025-03-13 2025-06-20
236 SH TRUIST FINL CORP P 2023-07-07 2025-06-20
2 SH ACCENTURE PLC P 2024-09-27 2025-07-10
19 SH FLEXSHARES IBOXX 3 YEAR TARGET P 2024-09-20 2025-01-14
15.395 SH JOHN HANCOCK FUNDS DISC P 2024-09-20 2025-01-14
.242 SH VANGUARD EQUITY INCOME P 2024-09-20 2025-03-03
.841 SH COLUMBIA SMALL CAP VALUE P 2022-10-28 2025-01-13
5 SH FLEXSHARES QUALITY DIVIDEND P 2023-10-27 2025-01-13
2.23 SH PUTNAM LARGE CAP VALUE P 2023-10-30 2025-07-08
2 SH ABBOTT LABS P 2025-06-20 2025-12-22
12 SH ALPHABET INC P 2023-07-07 2024-08-29
10 SH APPLE INC P 2023-07-07 2025-07-10
2 SH BOEING INC P 2023-07-07 2025-07-10
4 SH CATERPILLAR INC P 2025-06-20 2025-07-10
1 SH COCA COLA CO P 2025-06-20 2025-07-10
103.268 SH DFA INTERNATIONAL VALUE P 2024-05-28 2025-07-10
1 SH META PLATFORMS INC P 2024-09-27 2025-10-17
105 SH FLEXSHARES QUALITY DIVIDEND P 2023-10-27 2025-07-10
1 SH HALLIBURTON CO P 2023-07-07 2025-06-20
14 SH JPMORGAN P 2023-07-07 2025-06-20
133 SH MASCO CORPORATION P 2023-07-07 2025-03-13
3 SH MONDELEZ INTERNATIONAL INC P 2024-09-27 2025-03-13
961.33 SH NORTHERN MID CAP INDEX P 2023-10-30 2025-07-10
24 SH PAYPAL HLDGS INC P 2024-04-04 2025-07-10
5 SH SALESFORCE COM INC P 2023-07-07 2025-07-10
650.264 SH RECURRENT MLP AND INFRAS P 2024-09-20 2025-07-10
2 SH ACCENTURE PLC P 2024-09-27 2025-10-17
1 SH FLEXSHARES IBOXX 3 YEAR TARGET P 2025-03-03 2025-07-08
9.936 SH BWG CLEARBRIDGE INTL P 2019-10-08 2025-03-03
4.731 SH VANGUARD EQUITY INCOME P 2021-01-26 2025-03-03
235.091 SH COLUMBIA SMALL CAP VALUE P 2022-10-28 2025-01-13
41 SH ISHARES MSCI EMERGING MARKETS P 2023-07-07 2025-07-08
83.131 SH RECURRENT MLP AND INFRAS P 2024-09-20 2025-01-13
101 SH ABBOTT LABS P 2023-07-07 2025-12-22
3 SH AMAZON.COM INC P 2023-07-07 2025-03-13
2 SH APPLE INC P 2024-09-27 2025-07-10
1 SH BRISOL MYERS SQUIBB CO P 2023-07-07 2025-07-10
5 SH CHEVRON CORP P 2023-07-07 2025-07-10
1 SH COCA COLA CO P 2023-07-07 2025-10-17
10 SH DISNEY WALT CO P 2023-12-15 2025-07-10
3 SH FEDEX CORP P 2024-07-24 2025-06-20
4 SH FREEPORT MCMORAN INC P 2024-09-20 2025-03-13
161 SH HALLIBURTON CO P 2023-07-07 2025-06-20
18 SH JPMORGAN P 2023-07-07 2025-07-10
2 SH MASTERCARD INC P 2024-05-24 2025-06-20
50 SH MONDELEZ INTERNATIONAL INC P 2023-07-07 2025-06-20
246.761 SH NORTHERN MID CAP INDEX P 2024-09-20 2025-07-10
2 SH PAYPAL HLDGS INC P 2025-06-20 2025-12-22
2 SH SALESFORCE COM INC P 2024-08-29 2025-10-17
45.758 SH VANGUARD EQUITY INCOME P 2021-02-12 2025-07-10
3 SH EATON CORP PLC P 2025-07-10 2025-12-22
15 SH FLEXSHARES HIGH YIELD P 2024-09-20 2025-01-14
5.744 SH BWG CLEARBRIDGE INTL P 2020-01-30 2025-03-03
114 SH VANGUARD BD INDEX FDS P 2022-12-27 2025-01-14
4.581 SH COLUMBIA SMALL CAP VALUE P 2022-10-28 2025-01-13
28 SH ISHARES MSCI EAFE INDEX P 2023-07-07 2025-07-08
24.787 SH VANGUARD EQUITY INCOME P 2024-09-20 2025-01-13
4 SH ABBOTT LABS P 2025-10-17 2025-12-22
1 SH AMAZON.COM INC P 2024-05-24 2025-06-20
8 SH APPLE INC P 2023-07-07 2025-10-17
17 SH BRISTOL MYERS SQUIBB CO P 2023-07-07 2025-07-10
2 SH CHIPOTLE MEXICAN GRILL INC P 2024-09-20 2025-03-13
129.476 SH COLUMBIA SMALL CAP VALUE P 2024-09-20 2025-07-10
29.322 SH DRIEHAUS SMALL CAP GROWTH P 2024-05-28 2025-07-10
26 SH FEDEX CORP P 2024-07-24 2025-06-20
18 SH FREEPORT MCMORAN INC P 2023-07-07 2025-07-10
1 SH HOME DEPOT INC P 2024-09-27 2025-06-20
2 SH JPMORGAN P 2024-08-29 2025-10-17
6 SH MASTERCARD INC P 2023-07-07 2025-07-10
2 SH MONDELEZ INTERNATIONAL INC P 2024-09-27 2025-06-20
17 SH NVIDIA CORP P 2023-07-07 2025-03-13
5.0131 SH PFIZER INC P 2025-03-13 2025-07-10
32 SH SLB LIMITED P 2023-07-07 2025-07-10
89.439 SH VANGUARD EQUITY INCOME P 2024-05-28 2025-07-10
(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 230   243 -13
b 49   49  
c 587   674 -87
d 37,179   38,245 -1,066
e 367   419 -52
178   161 17
6,187   6,356 -169
375   514 -139
2,886   1,698 1,188
34   38 -4
48   61 -13
487   573 -86
169   213 -44
21,399   15,611 5,788
225   289 -64
261   300 -39
1,506   1,219 287
3,866   1,893 1,973
301   305 -4
1,343   1,453 -110
431   129 302
1,107   1,114 -7
294   341 -47
4,960   4,900 60
249   227 22
347   354 -7
211   246 -35
166   139 27
1,527   1,398 129
2,247   1,797 450
35,200   36,197 -997
750   768 -18
1,554   1,265 289
740   837 -97
275   249 26
2,580   2,212 368
550   713 -163
75   90 -15
16,966   16,070 896
1,941   1,518 423
1,667   1,438 229
6,137   3,700 2,437
2,707   2,646 61
1,255   1,231 24
2,876   2,120 756
796   751 45
2,405   3,326 -921
629   683 -54
1,016   1,154 -138
208   160 48
134   155 -21
568   588 -20
500   436 64
250   224 26
861   979 -118
744   994 -250
2,131   1,879 252
135   165 -30
1,373   963 410
3,735   2,963 772
16,696   19,795 -3,099
77   84 -7
2,359   2,329 30
277   300 -23
238   212 26
10,127   10,500 -373
598   588 10
4,476   5,909 -1,433
8,659   2,279 6,380
159   170 -11
2,050   1,255 795
10,155   11,030 -875
1,284   1,338 -54
429   321 108
1,104   953 151
1,123   785 338
2,613   1,898 715
45   51 -6
4,473   3,141 1,332
372   384 -12
207   233 -26
80   86 -6
349   192 157
1,644   1,210 434
517   666 -149
77   84 -7
72   71 1
1,663   1,172 491
9,339   9,451 -112
682   703 -21
380   429 -49
1,039   1,010 29
1,651   387 1,264
318   347 -29
973   817 156
24,406   19,597 4,809
1,963   1,637 326
734   745 -11
97   104 -7
1,187   894 293
524   438 86
1,771   1,995 -224
279   250 29
257   307 -50
1,329   1,170 159
1,068   1,339 -271
7,135   7,763 -628
7,047   7,762 -715
70   83 -13
612   568 44
5,801   5,742 59
555   339 216
203   221 -18
158   163 -5
380   430 -50
60   110 -50
2,568   1,624 944
2,897   2,551 346
981   736 245
568   506 62
576   562 14
561   516 45
144   147 -3
6,262   4,604 1,658
40   47 -7
1,112   782 330
4,317   3,279 1,038
257   296 -39
221   232 -11
198   223 -25
788   840 -52
113   125 -12
71   84 -13
2,533   1,780 753
916   918 -2
604   337 267
3,378   2,254 1,124
790   815 -25
3,829   2,730 1,099
151   220 -69
2,359   1,157 1,202
48   44 4
156   147 9
1,018   934 84
12   9 3
1,988   1,710 278
1,454   1,180 274
3,222   2,096 1,126
4,307   3,216 1,091
552   457 95
5,787   2,258 3,529
2,165   2,219 -54
221   232 -11
135   140 -5
263   268 -5
1,859   1,391 468
961   1,129 -168
41   30 11
19,688   19,737 -49
604   338 266
1,271   789 482
1,002   862 140
9,506   6,485 3,021
203   329 -126
579   336 243
95   94 1
246   166 80
22,794   18,561 4,233
151   175 -24
847   871 -24
1,089   1,116 -27
1,202   786 416
1,302   1,359 -57
452   395 57
16,165   10,480 5,685
170   121 49
1,784   1,155 629
808   841 -33
131   132 -1
1,388   1,255 133
59   82 -23
83   66 17
7,941   7,897 44
1,305   1,120 185
750   760 -10
395   369 26
515   429 86
203   316 -113
4,582   3,253 1,329
1,741   1,766 -25
1,617   1,078 539
213   287 -74
991   1,146 -155
211   205 6
328   312 16
3,894   3,034 860
82   78 4
1,367   1,379 -12
17,743   13,849 3,894
1,782   1,213 569
1,019   1,127 -108
2,119   1,206 913
330   280 50
237   196 41
5,561   7,904 -2,343
974   997 -23
290   292 -2
3,109   2,173 936
3,074   3,114 -40
3,216   2,593 623
156   263 -107
1,317   1,144 173
198   135 63
1,523   1,384 139
156   118 38
289   423 -134
112   116 -4
1,610   1,398 212
354   348 6
1,597   1,187 410
825   832 -7
173   179 -6
261   215 46
1,271   606 665
3,464   3,204 260
312   283 29
1,079   918 161
69   72 -3
7,155   4,235 2,920
1,260   1,140 120
581   591 -10
961   1,040 -79
42,192   42,741 -549
643   610 33
4,322   7,709 -3,387
790   754 36
989   676 313
2,775   2,020 755
980   843 137
770   1,128 -358
413   427 -14
77   77  
3,005   3,017 -12
54   57 -3
365   375 -10
1,039   1,127 -88
2,677   2,151 526
1,594   1,085 509
1,471   1,131 340
156   93 63
77   70 7
903   783 120
978   529 449
2,177   548 1,629
18,158   18,461 -303
7,689   6,303 1,386
25,124   24,335 789
429   449 -20
52   76 -24
4,361   3,432 929
152   154 -2
260   260  
40   32 8
576   705 -129
755   766 -11
360   270 90
352   375 -23
31   36 -5
2,502   2,550 -48
3,840   3,355 485
757   675 82
4,311   2,773 1,538
6,369   5,773 596
8,774   6,186 2,588
6,222   7,674 -1,452
278   287 -9
2,925   1,588 1,337
2,177   573 1,604
8,363   7,300 1,063
24   35 -11
822   601 221
372   382 -10
208   345 -137
1,918   1,913 5
152   157 -5
260   274 -14
9,440   7,552 1,888
576   705 -129
448   459 -11
420   468 -48
22   23 -1
12   15 -3
347   267 80
83   64 19
253   266 -13
3,043   1,446 1,597
2,123   2,095 28
448   428 20
1,641   1,440 201
69   69  
2,614   2,270 344
716   569 147
7,840   5,615 2,225
22   33 -11
3,835   2,038 1,797
9,320   7,455 1,865
195   224 -29
20,553   17,410 3,143
1,825   1,585 240
1,331   1,057 274
16,146   15,717 429
477   705 -228
24   24  
690   489 201
435   383 52
3,336   3,877 -541
1,981   1,628 353
2,081   2,009 72
12,745   10,863 1,882
583   392 191
425   457 -32
48   63 -15
769   777 -8
68   60 8
1,212   932 280
676   866 -190
153   178 -25
3,549   5,674 -2,125
5,167   2,620 2,547
1,065   901 164
3,424   3,632 -208
5,276   5,552 -276
120   140 -20
487   520 -33
4,340   3,773 567
959   1,074 -115
608   624 -16
399   312 87
8,104   8,214 -110
65   82 -17
2,497   1,995 502
2,190   2,350 -160
505   516 -11
210   181 29
2,019   1,540 479
819   1,071 -252
97   114 -17
1,786   2,099 -313
648   652 -4
5,854   7,758 -1,904
847   701 146
350   400 -50
595   445 150
3,377   2,348 1,029
137   149 -12
1,982   731 1,251
129   130 -1
1,175   1,689 -514
8,484   8,007 477
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       -13
b        
c       -87
d       -1,066
e       -52
      17
      -169
      -139
      1,188
      -4
      -13
      -86
      -44
      5,788
      -64
      -39
      287
      1,973
      -4
      -110
      302
      -7
      -47
      60
      22
      -7
      -35
      27
      129
      450
      -997
      -18
      289
      -97
      26
      368
      -163
      -15
      896
      423
      229
      2,437
      61
      24
      756
      45
      -921
      -54
      -138
      48
      -21
      -20
      64
      26
      -118
      -250
      252
      -30
      410
      772
      -3,099
      -7
      30
      -23
      26
      -373
      10
      -1,433
      6,380
      -11
      795
      -875
      -54
      108
      151
      338
      715
      -6
      1,332
      -12
      -26
      -6
      157
      434
      -149
      -7
      1
      491
      -112
      -21
      -49
      29
      1,264
      -29
      156
      4,809
      326
      -11
      -7
      293
      86
      -224
      29
      -50
      159
      -271
      -628
      -715
      -13
      44
      59
      216
      -18
      -5
      -50
      -50
      944
      346
      245
      62
      14
      45
      -3
      1,658
      -7
      330
      1,038
      -39
      -11
      -25
      -52
      -12
      -13
      753
      -2
      267
      1,124
      -25
      1,099
      -69
      1,202
      4
      9
      84
      3
      278
      274
      1,126
      1,091
      95
      3,529
      -54
      -11
      -5
      -5
      468
      -168
      11
      -49
      266
      482
      140
      3,021
      -126
      243
      1
      80
      4,233
      -24
      -24
      -27
      416
      -57
      57
      5,685
      49
      629
      -33
      -1
      133
      -23
      17
      44
      185
      -10
      26
      86
      -113
      1,329
      -25
      539
      -74
      -155
      6
      16
      860
      4
      -12
      3,894
      569
      -108
      913
      50
      41
      -2,343
      -23
      -2
      936
      -40
      623
      -107
      173
      63
      139
      38
      -134
      -4
      212
      6
      410
      -7
      -6
      46
      665
      260
      29
      161
      -3
      2,920
      120
      -10
      -79
      -549
      33
      -3,387
      36
      313
      755
      137
      -358
      -14
       
      -12
      -3
      -10
      -88
      526
      509
      340
      63
      7
      120
      449
      1,629
      -303
      1,386
      789
      -20
      -24
      929
      -2
       
      8
      -129
      -11
      90
      -23
      -5
      -48
      485
      82
      1,538
      596
      2,588
      -1,452
      -9
      1,337
      1,604
      1,063
      -11
      221
      -10
      -137
      5
      -5
      -14
      1,888
      -129
      -11
      -48
      -1
      -3
      80
      19
      -13
      1,597
      28
      20
      201
       
      344
      147
      2,225
      -11
      1,797
      1,865
      -29
      3,143
      240
      274
      429
      -228
       
      201
      52
      -541
      353
      72
      1,882
      191
      -32
      -15
      -8
      8
      280
      -190
      -25
      -2,125
      2,547
      164
      -208
      -276
      -20
      -33
      567
      -115
      -16
      87
      -110
      -17
      502
      -160
      -11
      29
      479
      -252
      -17
      -313
      -4
      -1,904
      146
      -50
      150
      1,029
      -12
      1,251
      -1
      -514
      477
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 2 119,680
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 -10,477
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 4,122
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 4,122
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 4,122
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 5,280
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 5,280
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 1,158
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax1,158 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)
IN
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2025 or the taxable year beginning in 2025? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressN/A
14
The books are in care ofHORIZON PWM WITHHOLDING LLC Telephone no. (260) 702-9721

Located at515 FRANKLIN STMICHIGAN CITYIN ZIP+446360
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........
and enter the amount of tax-exempt interest received or accrued during the year ........
15
 
16 At any time during calendar year 2025, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country
Form 990-PF (2025)
Form 990-PF (2025)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2025? .............
1d
 
 
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
 
No
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
MAURICE F WINKLER III VP/TREASURER
1.00 		0 0 0
PO BOX 231
AUBURN,IN46706
DOUGLAS D MARSH DIRECTOR
1.00 		0 0 0
PO BOX 231
AUBURN,IN46706
ERICA DEKKO DIRECTOR
1.00 		0 0 0
PO BOX 231
AUBURN,IN46706
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
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 PROVIDE FUNDING FOR SIXTEEN ORGANIZATIONS LOCATED IN THE NORTHEAST INDIANA AREA. SEE DETAILED SCHEDULE ATTACHED. 162,000
2 PROVIDE SCHOLARSHIPS FOR ELEVEN STUDENTS IN THE SURROUNDING AREA. SEE DETAILED SCHEDULE ATTACHED. 37,659
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
6,065,957
b
Average of monthly cash balances.......................
1b
152,522
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
6,218,479
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
6,218,479
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
93,277
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
6,125,202
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
306,260
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
306,260
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
4,122
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
4,122
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
302,138
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
302,138
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
302,138
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
251,155
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
251,155
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 7 302,138
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 198,846
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2025:
a From 2020......  
b From 2021......  
c From 2022......  
d From 2023......  
e From 2024......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2025 from Part
XI, line 4: $ 251,155
a Applied to 2024, but not more than line 2a 198,846
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..... 52,309
e Remaining amount distributed out of corpus  
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  
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 .......... 		249,829
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) ... 		 
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		 
10 Analysis of line 9:
a Excess from 2021 ....  
b Excess from 2022 ....  
c Excess from 2023 ....  
d Excess from 2024 ....  
e Excess from 2025 ....  
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

ALLIANCE INDUSTRIES

901 E QUINCY STREET
GARRETT,IN46738 		    CONTRIBUTION 8,000

AUBURN CORD DUESENBERG AUTO MUSEUM

PO BOX 71
AUBURN,IN46706 		    CONTRIBUTION 15,000

BALL STATE UNIVERSITY

LUCINA HALL ROOM 245
MUNCIE,IN47306 		    SCHOLARSHIP 2,000

CHILDREN FIRST CENTER

1752 WESLEY ROAD
AUBURN,IN46706 		    CONTRIBUTION 2,000

COLE CENTER FAMILY YMCA

700 S GARDEN STREET
PO BOX 233
KENDALLVILLE,IN46755 		    ANNUAL CAMPAIGN 25,000

DEKALB COUNTY COUNCIL OF AGING

1800 E 7TH STREET
AUBURN,IN46706 		    CONTRIBUTION 3,000

DEKALB COUNTY YMCA

533 NORTH STREET
AUBURN,IN46706 		    CONTRIBUTION 25,000

HEARTEN HOUSE

816 W 7TH ST
AUBURN,IN46706 		    CONTRIBUTION 6,000

HOOSIERS FEEDING THE HUNGRY

4490A IN-327
GARRETT,IN46738 		    CONTRIBUTION 5,000

INDIANA UNIVERSITY

N UNION STREET
BLOOMINGTON,IN47405 		    SCHOLARSHIP 2,000

IU FORT WAYNE

PO BOX 6020
INDIANAPOLIS,IN46206 		    SCHOLARSHIP 23,659

IUPUI

420 UNIVERSITY BLVD
CE 264
INDIANAPOLIS,IN46202 		    SCHOLARSHIP 1,000

IVY TECH COMMUNITY COLLEGE

800 N ANTHONY BLVD
FORT WAYNE,IN46805 		    SCHOLARSHIP 1,000

JAM CENTER

1200 E HOUSTON ST
GARRETT,IN46738 		    CONTRIBUTION 25,000

KATE'S KART INC

10376 LEO ROAD SUITE A
FORT WAYNE,IN46825 		    CONTRIBUTION 3,000

NATMUS

1000 GORDON M BUEHRIG PL
AUBURN,IN46706 		    CONTRIBUTION 15,000

PURDUE UNIVERSITY

610 PURDUE MALL
WEST LAFAYETTE,IN46907 		    SCHOLARSHIP 1,000

PURDUE UNIVERSITY FORT WAYNE

2101 E COLISEUM BLVD
FORT WAYNE,IN46805 		    SCHOLARSHIP 3,000

SALVATION ARMY

6060 CASTLEWAY WEST DR
INDIANAPOLIS,IN46209 		    CONTRIBUTION 2,000

SERENITY HOUSE INC

438 COUNTY RD 50
AUBURN,IN46706 		    CONTRIBUTION 5,000

SHELTER MINISTRIES

1103 WEST AUBURN DRIVE
AUBURN,IN46706 		    CONTRIBUTION 5,000

ST MARTINS HEALTHCARE INC

1359 S RANDOLPH STREET
GARRETT,IN46738 		    CONTRIBUTION 15,000

TRINE UNIVERSITY

ONE UNIVERSITY AVENUE
ANGOLA,IN46703 		    SCHOLARSHIP 2,000

UNIVERSITY OF ST FRANCIS

2701 SPRING ST
FORT WAYNE,IN46808 		    SCHOLARSHIP 2,000

WALTHER CANCER INSTITUTE

9292 N MERIDIAN ST
INDIANAPOLIS,IN46260 		    CONTRIBUTION 3,000
Total ................................. 3a 199,659
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 ........... 		    14 6,063  
4 Dividends and interest from securities ....     14 173,492  
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 ............ 		    18 119,680  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   299,235  
13Total. Add line 12, columns (b), (d), and (e)..................
13
299,235
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2025)
Form 990-PF (2025)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Preparer's name Preparer's Signature Date Check if self-
employed 		PTIN
Firm's name
Firm's EIN
Firm's address


Phone no.
Form 990-PF (2025)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2025 AccountingFeesSchedule
Name:
PEOPLES CHARITABLE FOUNDATION INC
EIN:
35-1897837
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 2,530 127   2,403

TY 2025 InvestmentsCorpStockSchedule
Name:
PEOPLES CHARITABLE FOUNDATION INC
EIN:
35-1897837
Name of Stock End of Year Book Value End of Year Fair Market Value
ABBOTT LABS    
ACCENTURE PLC 10,138 7,781
ADOBE SYSTEMS INC 11,289 8,050
ADVANCED MICRO DEVICES 12,707 21,844
ALPHABET INC CL A 12,996 32,552
ALPHABET INC CL C 13,687 32,635
AMAZON.COM INC 28,575 47,780
AMERICAN TOWER CORP 9,734 8,778
ANALOG DEVICES 11,847 15,187
APPLE INC 43,155 60,081
BATH & BODY WORKS INC 7,932 4,277
BECTON DICKINSON & CO 8,230 6,404
HORIZON BANCORP 161,764 386,094
BIOGEN INC 9,617 7,040
BLACKROCK INC CL A    
BLACKSTONE GROUP INC 9,524 14,027
BOEING CO 11,679 12,159
BRISTOL MYERS SQUIBB CO 6,490 5,664
BROADCOM LTD 8,235 14,536
BWG CLEARBRIDGE INTERNATIONAL 70,263 102,609
CATERPILLAR INC DEL 8,810 13,749
CDW CORP    
CENCORA INC 8,405 14,185
CHARLES SCHWAB CORP 7,539 12,089
CHEVRON CORP 5,123 5,030
CHIPOTLE MEXICAN GRILL    
CISCO SYSTEMS INC 9,517 14,019
CITIGROUP INC 8,649 12,836
COCA COLA CO 7,815 9,018
COLUMBIA SMALL CAP VALUE FUND    
COMCAST    
CONTRA ABIOMED INC   39
COSTCO WHOLESALE CORP 13,288 19,834
CVS HEALTH CORP 10,808 12,221
DFA EMERGING MARKETS 124,314 150,266
DFA INTERNATIONAL VALUE 128,141 196,782
DISNEY WALT CO 6,222 7,736
DRIEHAUS EMERGING MARKETS GROWTH 57,165 75,580
DRIEHAUS SMALL-CAP GROWTH    
DUPONT DE NEMOURS INC    
EMERSON ELEC CO 11,492 11,679
EOG RESOURCES 7,270 6,511
EXXON MOBIL CORP 7,593 8,785
FEDEX CORP    
FREEPORT MCMORAN INC 6,696 7,872
GENERAL DYNAMICS CORP 3,948 8,080
GRAINGER INC    
HALLIBURTON CO    
HOME DEPOT 8,580 9,635
HONEYWELL INTERNATIONAL INC    
INTERCONTINENTAL EXCHANGE INC 5,253 7,126
INTUIT 12,040 11,261
J HANCOCK DISCIPLINED VALUE MID CAP    
JOHNSON & JOHNSON 6,094 7,657
JP MORGAN 14,671 31,900
KKR & CO INC 13,227 13,895
MFS INTERNATIONAL VALUE 83,388 92,067
MARSH 6,931 6,864
MARSH & MCLENNAN COS INC    
MASCO CORPORATION    
MASTERCARD INC 13,210 26,260
MCDONALDS CORP 3,234 3,362
META PLATFORMS 14,102 34,325
MICROCHIP TECHNOLOGY INC    
MICROSOFT CORP 50,013 68,674
MONDELEZ INTERNATIONAL INC 9,321 6,998
NETFLIX INC 8,719 6,751
NEXTERA ENERGY INC 7,173 7,948
NIKE INC 7,956 4,842
NISOURCE INC 101,098 634,627
NORFOLK SOUTHERN CORP 8,236 10,394
NORTHERN MID CAP INDEX    
NVIDIA CORP 21,759 82,806
ORACLE CORP 7,568 13,254
PALO ALTO NETWORKS INC 5,313 7,368
PAYPAL HLDGS INC 11,938 10,333
PFIZER INC 9,187 6,798
PROCTER & GAMBLE CO 7,200 6,879
PUTNAM LARGE CAP GROWTH 29,024 32,067
PUTNAM LARGE CAP VALUE 26,318 32,364
RECURRENT MLP AND INFRASTRUCTURE 46,652 47,597
RTX CORPORATION 11,700 15,956
SALESFORCE COM INC 9,881 12,186
SERVICENOW INC 7,950 8,272
TAPESTRY INC 5,557 8,305
TJX COS INC 7,918 13,825
TRUIST FINL CORP    
VANGUARD 500 INDEX ADMIRAL 320,344 552,882
VANGUARD EQUITY INCOME ADM 43,677 47,229
VANGUARD GROWTH & INCOME 68,319 77,514
YUM BRANDS 7,335 7,110
ZIMMER BIOMET HOLDINGS INC 9,763 6,294
EATON CORP PLC 8,589 7,644
GSK PLC ADR 5,195 7,503
MEDTRONIC PLC 9,106 8,934
ROCHE HLDG LTD ADR 4,712 6,498
SCHLUMBERGER    
SLB LIMITED 7,179 5,220
ETF VANGUARD VALUE 129,369 155,848
FLEXSHARES MORNINGSTAR GLOBAL UPS 46,198 54,562
FLEXSHARES QUALITY DIVIDEND INDEX ET 37,543 51,880
ISHARES CORE MSCI EAFE ETF 123,602 163,264
ISHARES MSCI EAFE ETF 140,136 186,010
ISHARES MSCI EMERGING MARKETS 115,796 150,343
ISHARES RUSSELL 2000 INDEX 120,641 132,680
VANGUARD INDEX FUNDS GROWTH ETF 111,302 164,409
VANGUARD INDEX FUNDS SMALLCAP GROWTH    
VANGUARD INDEX FUNDS SMALLCAP VALUE    
VANGUARD MID-CAP GROWTH INDEX 13,440 14,794
VANGUARD MID-CAP VALUE ETF 13,674 15,963
VANGUARD REIT ETF 51,562 46,723
US TREASURY NOTE 2.625% 47,603 49,947
US TREASURY NOTE 4.5% 49,664 50,258
US TREASURY NOTE 1.5% 45,172 48,931
US TREASURY NOTE .0275% 46,756 49,435
US TREASURY NOTE .75% 42,564 47,272
CARILLON REAMS UNCONSTRAINED BOND 70,322 73,904
DIAMOND HILL CAPITAL MANAGEMENT INC 248,791 252,476
FLEXSHARES CREDIT SCORED US CORP BD 116,126 119,276
FLEXSHARES HIGH YIELD 73,069 74,586
FLEXHARES IBOXX 3 YEAR TARGET DATE 115,619 117,389
ISHARES INTERMEDIATE GOVERNMENT CR 384,862 402,133
VANGUARD BD INDEX FDS 578,240 597,523

TY 2025 OtherProfessionalFeesSchedule
Name:
PEOPLES CHARITABLE FOUNDATION INC
EIN:
35-1897837
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TRUSTEE FEES 41,423 2,071   39,532


TY 2025 TaxesSchedule
Name:
PEOPLES CHARITABLE FOUNDATION INC
EIN:
35-1897837
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES PAID 2,562 128   2,434
FEDERAL TAXES PAID 7,502 375   7,127