TY 2025 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0047

2025

Open to Public Inspection

For calendar year 2025, or tax year beginning 01 - 01 2025, and ending 12 - 31, 20 25

Name of foundation
THE WALLACK FAMILY FOUNDATION INC

Number and street (or P.O. box number if mail is not delivered to street address) 15 WILLOW AVE
Room/suite

City or town
NORTH HAMPTON

State or province
NH

Country

ZIP or foreign postal code
038622229

A Employer identification number

85-4292738

B Telephone number (see instructions)

6123370448

C If exemption application is pending, check here

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

Address change Name change

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

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

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

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

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

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)$3,300,002J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .................
3	Interest on savings and temporary cash investments	1,002		1,002
4	Dividends and interest from securities...	47,743		47,743
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		39,500
b	Gross sales price for all assets on line 6a 669,788
7	Capital gain net income (from Part IV, line 2)...			39,500
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........	88,245		88,245
13	Compensation of officers, directors, trustees, etc.	0		0	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	5,460	2,730	2,730
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	14,107	14,107	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	4,322	0	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	1,045	0	1,045
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	24,934		16,837	3,775
25	Contributions, gifts, grants paid.......	106,437			106,437
26	Total expenses and disbursements. Add lines 24 and 25 ................	131,371		16,837	110,212
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-43,126
b	Net investment income (if negative, enter -0-)			71,408
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	80,969	38,738	38,738
	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)	378,823	List of Attached Documents: // Content 380,259	394,614
	b	Investments—corporate stock (attach schedule).......	1,334,250	List of Attached Documents: // Content 1,278,990	2,024,448
	c	Investments—corporate bonds (attach schedule).......	631,525	List of Attached Documents: // Content 819,392	818,950
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	0	List of Attached Documents: // Content 8,031	23,252
	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)	2,425,567	2,525,410	3,300,002
	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	0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	0	0
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	2,425,567	2,525,410
	29	Total net assets or fund balances (see instructions).....	2,425,567	2,525,410
	30	Total liabilities and net assets/fund balances (see instructions).	2,425,567	2,525,410

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............

2,425,567

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

-43,126

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

List of Attached Documents:

// Content

142,969

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

2,525,410

Decreases not included in line 2 (itemize)

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

2,525,410

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
1 a	PUBLICLY TRADED SECURITES	P
b
c
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	669,788	630,288	39,500
b
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			39,500
b
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	39,500
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 .........................		3

Part V

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	993
b	All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	993
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	993
6	Credits/Payments:

a	2025 estimated tax payments and 2024 overpayment credited to 2025	6a
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	0
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. List of Attached Documents: // Content		8	50
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	1,043
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2026 estimated tax	Refunded	11
	For Refunded amount, also complete and attach Form 8050. See instructions.

Form 990-PF (2025)

Page 4

Part VI-A

Statements Regarding Activities

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

Yes

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

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

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

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

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

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

(1) On the foundation. $ 0(2) On foundation managers.$ 0

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

on foundation managers.$ 0

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

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

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

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

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

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

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

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

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument? ................

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XIV..................................

Yes

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

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2025 or the taxable year beginning in 2025? See the instructions for Part XIII.

If "Yes," complete Part XIII .............................

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

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

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement. See instructions.................

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

Yes

Website addressN/A

The books are in care ofANDREA E WALLACK Telephone no. (612) 337-0448

Located at15 WILLOW AVENORTH HAMPTONNH ZIP+403862

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........

and enter the amount of tax-exempt interest received or accrued during the year ........

16 At any time during calendar year 2025, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country? .................

16 No

See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country

Form 990-PF (2025)

Page 5

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........

1a(1)

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

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

1a(2)

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

1a(3)

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............

1a(4)

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)? ......................

1a(5)

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.) ...............

1a(6)

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........

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

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2025? .............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2025, did the foundation have any undistributed income (Part XII, lines 6d

and 6e) for tax year(s) beginning before 2025?....................

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

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

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

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

If "Yes," did it have excess business holdings in 2025 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Form 4720, Schedule C, to determine

if the foundation had excess business holdings in 2025.).....................

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

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2025? ..

Form 990-PF (2025)

Page 6

Part VI-B

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

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

Yes

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

5a(1)

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive? ....................

5a(2)

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

5a(3)

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

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

5a(4)

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals? .............

5a(5)

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........

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

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant? .................

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

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

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

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

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

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

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

Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or

excess parachute payment during the year? .........................

Part VII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation. See instructions

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
ANDREA E WALLACK	PRESIDENT 0.00	0	0	0
15 WILLOW AVE NORTH HAMPTON,NH03862	PRESIDENT 0.00	0	0	0
DENNIS L MONROE	DIRECTOR 0.00	0	0	0
7760 FRANCE AVE S MINNEAPOLIS,MN55435	DIRECTOR 0.00	0	0	0
BLAKE SCHWARTZ	DIRECTOR 0.00	0	0	0
15 WILLOW AVE NORTH HAMPTON,NH03862	DIRECTOR 0.00	0	0	0
GABRIEL SCHWARTZ	DIRECTOR 0.00	0	0	0
15 WILLOW AVE NORTH HAMPTON,NH03862	DIRECTOR 0.00	0	0	0
EVA WALLACK	DIRECTOR 0.00	0	0	0
15 WILLOW AVE NORTH HAMPTON,NH03862	DIRECTOR 0.00	0	0	0

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

Form 990-PF (2025)

Page 7

Part VII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. right arrow

Part VIII-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


2


3


4

Part VIII-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3.........................0

Form 990-PF (2025)

Page 8

Part IX

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

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

purposes:

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

2,664,247

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

43,382

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

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

2,707,629

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

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

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

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

2,707,629

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

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

40,614

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

2,667,015

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

133,351

Part X

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here and do not complete this part.)

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

133,351

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

993

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

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

993

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

132,358

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

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

132,358

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

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

132,358

Part XI

Qualifying Distributions (see instructions)

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

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

110,212

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

110,212

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				132,358
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only.......			99,208
b Total for prior years:20 , 20, 20		0
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 ........	0
4Qualifying distributions for 2025 from Part
XI, line 4: $ 110,212
a Applied to 2024, but not more than line 2a			99,208
b Applied to undistributed income of prior years (Election required—see instructions) .....		0
c Treated as distributions out of corpus (Election required—see instructions) ........	0
d Applied to 2025 distributable amount.....				11,004
e Remaining amount distributed out of corpus	0
5 Excess distributions carryover applied to 2025.	0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5	0
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........		0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......		0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........		0
e Undistributed income for 2024. Subtract line 4a from line 2a. Taxable amount—see instructions .............			0
f Undistributed income for 2025. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2026 ..........				121,354
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......	0
8 Excess distributions carryover from 2020 not applied on line 5 or line 7 (see instructions) ...	0
9 Excess distributions carryover to 2026. Subtract lines 7 and 8 from line 6a ......	0
10 Analysis of line 9:
a Excess from 2021 ....
b Excess from 2022 ....
c Excess from 2023 ....
d Excess from 2024 ....
e Excess from 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 4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part IX for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2025	(b) 2024	(c) 2023	(d) 2022	(e) Total

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

Part XIV

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

1Information Regarding Foundation Managers:

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

ANDREA E WALLACK

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

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

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

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

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

cAny submission deadlines:

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

Form 990-PF (2025)

Page 11

Part XIV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
THE TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK 622 WEST 113TH STREET NEW YORK,NY10025			TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION	5,000
FOUNDATION FOR THE EXHIBITION OF PHOTOGRAPHY 1650 WEST END BLVD STE 100 MINNEAPOLIS,MN55416			TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION	25,000
NATIONAL GEOGRAPHIC SOCIETY 1145 17TH ST NW WASHINGTON,DC20036			TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION	51,437
STANFORD UNIVERSITY DEVELOPMENT SERVICES PO BOX 20466 STANFORD,CA94309			TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION	25,000
Total ................................. 3a				106,437

bApproved for future payment

Total ................................. 3b				0

Form 990-PF (2025)

Page 12

Part XV-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........			14	1,002
4 Dividends and interest from securities ....			14	47,743
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	39,500
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) ..		0		88,245	0

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

88,245

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

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2025)

Page 13

Part XVI

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

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Yes

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........Yes No

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2025)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2025 AccountingFeesSchedule

Name:

THE WALLACK FAMILY FOUNDATION INC

EIN:

85-4292738

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING FEES	5,460	2,730		2,730

- TIN:

TY 2025 InvestmentsCorpBondsSchedule

Name:

THE WALLACK FAMILY FOUNDATION INC

EIN:

85-4292738

Name of Bond	End of Year Book Value	End of Year Fair Market Value
3M COMPANY MTN 3.375% 03/01/2029 USD SR LIEN	8,671	8,927
ALEXANDRIA REAL ESTATE EQUITIE 5.5% 10/01/2035	3,957	4,124
AMERICAN EXPRESS COMPANY HYBRID 4/25/2036	10,308	10,690
ARCH CAPITAL FINANCE LLC 4.011% 12/15/2026	3,964	4,007
AT&T INC. 4.5% 05/15/2035 USD SR LIEN	1,872	1,936
AUTONATION INC 3.85% 03/01/2032 USD SR LIEN	2,584	2,862
AUTONATION INC 4.75% 06/01/2030 USD SR LIEN	1,877	2,028
B.A.T. CAPITAL CORPORATION 4.7% 04/02/2027	4,950	5,093
BANK OF AMERICA CORPORATION HYBRID 07/22/2027	4,392	4,975
BANK OF AMERICA CORP HYBRID MTN 02/04/2028	4,465	4,971
BANK OF MONTREAL HYBRID 12/15/2032	2,669	2,970
BANK OF MONTREAL HYBRID MTN 01/22/2027	5,328	6,013
BANK OF NEW YORK MELLON CORP HYBRID 04/26/2027	6,796	7,086
BARCLAYS BANK PLC LINKED TO S&P500 INDEX	64,000	67,526
BAXTER INTERNATIONAL INC 1.915% 02/01/2027	2,652	2,952
BELL CANADA 5.2% 2/15/2034	7,899	8,283
BERRY GLOBAL INC 1.57% 01/15/2026 USD	2,995	3,019
BHP BILLITON FINANCE (USA) LIM 5.1% 09/08/2028	6,930	7,328
BHP BILLITON FINANCE (USA) LIM 5.25% 09/08/2026	2,993	3,076
BNP PARIBAS LINKED TO S&P 500 INDEX 09/16/2026	65,000	68,504
BOEING CO 3.1% 05/01/2026 USD SR LIEN	5,940	6,007
BOSTON SCIENTIFIC CORP 2.65% 06/01/2030	7,340	7,551
BROADCOM INC. 4.15% 11/15/2030	2,725	3,006
BUNGE LIMITED FINANCE CORP. 3.25% 08/15/2026	4,918	5,040
CANADIAN IMPERIAL BANK OF COMM 3.45% 04/07/2027	2,911	3,009
CAPITAL ONE FINANCIAL CORP HYBRID 05/10/2033	7,533	8,276
CBOE HOLDINGS INC 3.65% 01/12/2027	1,978	2,030
CITIGROUP INC HYBRID 11/05/2030	3,650	3,831
CITIGROUP INC HYBRID 3/17/2033	5,477	5,795
CITIGROUP INC. HYBRID 01/10/2028	3,702	4,067
CITIGROUP INC. HYBRID 06/09/2027	2,654	2,968
CLOROX COMPANY (THE) 1.8% 05/15/2030	4,169	4,521
CROWN CASTLE INTL CORP 3.65% 09/01/2027	4,788	5,023
CVS HEALTH CORPORATION 3.625% 04/01/2027	3,885	4,015
CVS HEALTH CORPORATION 4.875% 07/20/2035	3,772	4,029
DELL INT LLC / EMC CORP 4.9% 10/01/2026	5,990	6,102
DOLLAR GENERAL CORPORATION 3.5% 04/03/2030	4,445	4,883
DOMINION RESOURCES, INC. 5.95% 06/15/2035	7,214	7,486
DOW CHEMICAL CO 5.15% 2/15/2034	5,923	6,083
DOW CHEMICAL COMPANY (THE) 2.1% 11/15/2030	3,394	3,555
DUKE ENERGY PROGRESS LLC 3.7% 09/01/2028	6,828	7,059
EBAY INC 2.7% 03/11/2030 USD SR LIEN	5,201	5,692
EBAY INC. 3.6% 06/05/2027 USD SR LIEN	2,902	2,992
EMERSON ELECTRIC CO 0.875% 10/15/2026	9,715	9,797
ENBRIDGE INC 5.7% 03/08/2033 USD SR LIEN	7,949	8,582
ENTERPRISE PRODUCTS OPER 4.15% 10/16/2028	6,835	7,105
FOX CORP 3.5% 04/08/2030	7,477	7,837
GENERAL MOTORS FINL CO 4.3% 04/06/2029	3,786	4,035
GLOBAL PAYMENTS INC. 2.15% 01/15/2027	2,882	2,967
GS INVESTMENT GRADE CREDIT FUND	228,792	197,648
INTEL CORPORATION 3.9% 03/25/2030	1,881	1,983
INTEL CORPORATION 5.2% 02/10/2033	2,021	2,083
INTERCONTINENTAL EXCHANGE, INC 4.0% 09/15/2027	2,909	3,041
JOHN DEERE CAPITAL CORP MTN 1.7% 01/11/2027	9,613	9,871
JOHNSON & JOHNSON 3.625% 03/03/2037	4,287	4,614
JPMORGAN CHASE & CO. HYBRID 09/22/2027	2,609	2,957
KELLOGG CO 4.3% 05/15/2028	2,884	3,032
LOWE'S COMPANIES INC 4.5% 04/15/2030	1,959	2,046
MCCORMICK & CO 2.5% 04/15/2030	6,013	6,552
MCKESSON CORPORATION 5.1% 07/15/2033	1,902	2,117
MORGAN STANLEY HYBRID MTN 07/20/2027	8,736	9,926
MORGAN STANLEY HYBRID MTN 07/22/2028	3,611	4,036
MPLX LP 4.125% 03/01/2027	3,942	4,057
NATIONAL GRID PLC 5.809% 06/12/2033	1,950	2,136
NEXTERA ENERGY CAPITAL 3.55% 05/01/2027	5,799	6,002
NXP BV/NXP FDG/NXP USA 4.3% 06/18/2029	6,734	7,025
ORACLE CORPORATION 2.8% 04/01/2027	3,845	3,949
ORACLE CORPORATION 3.25% 05/15/2030	2,675	2,808
ORACLE CORPORATION 4.3% 07/08/2034	3,666	3,706
PHILIP MORRIS INTL INC 5.125% 11/17/2027	2,956	3,085
PNC FINANCIAL SERVICES HYBRID 06/12/2029	4,855	5,203
REALTY INCOME CORP 3.4% 01/15/2028	7,752	8,039
REALTY INCOME CORPORATION 3.0%	4,844	5,025
SABINE PASS LIQUEFACTION, LLC 5.0% 03/15/2027	1,974	2,043
SABINE PASS LIQUEFACTION, LLC 5.875% 06/30/2026	998	1,001
SALESFORCE.COM, INC. 1.95% 07/15/2031	2,610	2,698
SIMON PROPERTY GROUP LP 3.375% 06/15/2027	3,862	3,978
SRS CCD 26745899 MTN 3.75% 06/01/2026	3,982	4,005
SYSCO CORPORATION 5.4% 3/23/2035	7,009	7,364
TELEDYNE TECHNOLOGIES IN 2.75% 04/01/2031	2,558	2,800
TORONTO DOMINION BANK S&P 500 INDEX 10/20/2027	68,000	68,700
TRANSCANADA PIPELINES 4.1% 04/15/2030	5,482	5,988
TRUIST FINANCIAL CORP HYBRID MTN 03/02/2027	4,412	4,996
U.S. BANCORP HYBRID 06/12/2029 5.775%	2,887	3,128
U.S. BANCORP HYBRID MTN 01/27/2028	3,478	3,967
UNITED PARCEL SERVICE, INC. 3.4% 03/15/2029	1,928	1,991
UNITEDHEALTH GROUP INC 5.35% 02/15/2033	3,099	3,191
UNITEDHEALTH GROUP INCORPORATE 2.0% 05/15/2030	6,041	6,408
WALT DISNEY COMPANY/THE 3.8% 03/22/2030	6,749	7,018
WESTPAC BANKING CORP HYBRID 07/24/2034	7,803	9,020

- TIN:

TY 2025 InvestmentsCorpStockSchedule

Name:

THE WALLACK FAMILY FOUNDATION INC

EIN:

85-4292738

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ADVANCED MICRO DEVICES, INC. CMN (AMD)	333	1,071
ALPHABET INC. CMN CLASS A (GOOGL)	29,986	106,420
AMAZON.COM INC CMN (AMZN)	1,400	3,462
AMERICAN EXPRESS CO. CMN (AXP)	3,461	11,099
APA CORP CMN (APA)	49	122
APOLLO GLOBAL MANAGEMENT INC CMN CLASS A (APO)	2,231	7,238
APPLIED MATERIALS INC CMN (AMAT)	6,137	19,274
ARES MANAGEMENT CORPORATION CMN CLASS A (ARES)	3,287	12,930
BOSTON SCIENTIFIC CORP. COMMON STOCK (BSX)	508	1,430
BUTTERFLY NETWORK INC CMN CLASS A (BFLY)	125,568	171,000
CANADIAN IMPERIAL BANK OF COMM S&P 500 INDEX	66,000	72,929
CAPITAL ONE FINANCIAL CORP CMN (COF)	734	2,424
CARDINAL HEALTH, INC. CMN (CAH)	3,365	14,385
CARNIVAL CORPORATION CMN (CCL)	290	1,222
CATERPILLAR INC (DELAWARE) CMN (CAT)	4,391	14,322
CHEVRON CORPORATION CMN (CVX)	475	1,524
CITIGROUP INC. CMN (C)	8,687	26,255
CLOUDFLARE, INC. CMN CLASS A (NET)	1,237	4,929
CONOCOPHILLIPS CMN (COP)	1,033	2,996
COSTCO WHOLESALE CORPORATION CMN (COST)	1,586	4,312
D.R. HORTON, INC. CMN (DHI)	920	2,160
DEVON ENERGY CORPORATION (NEW) CMN (DVN)	56	183
DIAMONDBACK ENERGY INC CMN (FANG)	158	752
DOORDASH INC CMN CLASS A (DASH)	230	1,132
ELI LILLY & CO CMN (LLY)	4,528	32,240
ENERGY SELECT SECTOR SPDR FUND ETF	38,843	39,345
EOG RESOURCES INC CMN (EOG)	405	1,050
EXXON MOBIL CORPORATION CMN (XOM)	5,459	16,968
HARTFORD INSURANCE GROUP INC/T CMN (HIG)	224	689
HCA HEALTHCARE, INC CMN (HCA)	1,022	2,334
HF SINCLAIR CORP CMN (DINO)	103	230
HILTON WORLDWIDE HOLDINGS INC. CMN (HLT)	1,058	2,873
HUBBELL INCORPORATED CMN (HUBB)	763	2,221
INTL BUSINESS MACHINES CORP CMN (IBM)	12,008	31,102
JPMORGAN CHASE & CO. LINKED TO S&P 500 INDEX	59,000	66,540
KKR & CO. INC. CMN (KKR)	382	1,275
KLA CORP CMN (KLAC)	1,166	6,075
MARATHON PETROLEUM CORP CMN (MPC)	1,156	4,066
MARRIOTT INTERNATIONAL, INC CMN CLASS A (MAR)	577	1,551
META PLATFORMS INC-CLASS A CMN CLASS A (META)	9,799	56,108
MONOLITHIC POWER SYSTEMS, INC. CMN (MPWR)	1,663	4,541
MORGAN STANLEY CMN (MS)	1,294	3,551
MORGAN STANLEY FINANCE LLC S&P 500 INDEX	70,000	75,712
NETAPP, INC. CMN (NTAP)	712	1,606
NEWMONT CORP CMN (NEM)	857	2,496
NUCOR CORPORATION CMN (NUE)	744	2,455
NVIDIA CORPORATION (NVDA)	1,188	18,650
OCCIDENTAL PETROLEUM CORP (OXY)	170	620
OLD REPUBLIC INTL CORP (ORI)	1,068	2,738
ONEOK INC (OKE)	262	735
PHILLIPS 66 (PSX)	548	1,290
RTX CORP (RTX)	960	2,751
RYDER SYSTEM INC (R)	538	1,914
SOCIETE GENERALE LINKED TO S&P 500 INDEX	59,000	68,764
SPDR S&P ETF TRUST	665,509	986,738
STEEL DYNAMICS, INC. (STLD)	165	850
TESLA, INC. (TSLA)	412	1,349
THE BANK OF NOVA SCOTIA S&P 500 INDEX	65,000	71,409
THE WILLIAMS COMPANIES, INC. (WMB)	336	1,202
VALERO ENERGY CORPORATION	803	2,442
WALMART INC	4,638	11,722
WELLS FARGO AND COMPANY	476	1,864
WELLTOWER INC	3,760	10,209
WYNN RESORTS, LIMITED	272	602

- TIN:

TY 2025 InvestmentsGovtObligationsSch

Name:

THE WALLACK FAMILY FOUNDATION INC

EIN:

85-4292738

US Government Securities - End of Year Book Value:

380,259

US Government Securities - End of Year Fair Market Value:

394,614

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

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

- TIN:

TY 2025 InvestmentsOtherSchedule2

Name:

THE WALLACK FAMILY FOUNDATION INC

EIN:

85-4292738

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
EATON CORP PLC	AT COST	5,928	15,925
JOHNSON CONTROLS INTERNATIONAL	AT COST	1,315	3,602
ROYAL CARIBBEAN GROUP	AT COST	442	2,799
SIMON PROPERTY GROUP INC	AT COST	346	926

- TIN:

TY 2025 OtherExpensesSchedule

Name:

THE WALLACK FAMILY FOUNDATION INC

EIN:

85-4292738

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
AMEX MEMBER FEES	1,045	0		1,045

- TIN:

TY 2025 OtherIncreasesSchedule

Name:

THE WALLACK FAMILY FOUNDATION INC

EIN:

85-4292738

Description	Amount
BASIS ADJUSTMENT	142,969

- TIN:

TY 2025 OtherProfessionalFeesSchedule

Name:

THE WALLACK FAMILY FOUNDATION INC

EIN:

85-4292738

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
MANAGEMENT FEES	14,107	14,107		0

- TIN:

TY 2025 TaxesSchedule

Name:

THE WALLACK FAMILY FOUNDATION INC

EIN:

85-4292738

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
EXCISE TAXES	4,322	0		0