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
MOYARS-SCOTT MEMORIAL 4 IN TOTAL RETURN
 
Number and street (or P.O. box number if mail is not delivered to street address) 200 EAST JACKSON STREET
  Room/suite
City or town
MUNCIE
State or province
IN
Country  
ZIP or foreign postal code
47305
A Employer identification number

35-2134072
B Telephone number (see instructions)

7657471500
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)$5,731,947J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check .................
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 126,988 126,214  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 168,861
b Gross sales price for all assets on line 6a 1,092,011
7 Capital gain net income (from Part IV, line 2)... 168,861
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 295,849 295,075  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 42,675 12,803   29,873
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
2,270 0 0 2,270
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
8,855 703   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 53,800 13,506 0 32,143
25 Contributions, gifts, grants paid....... 442,180 442,180
26 Total expenses and disbursements. Add lines 24 and 25 ................ 495,980 13,506 0 474,323
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -200,131
b Net investment income (if negative, enter -0-) 281,569
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2025)
Form 990-PF (2025)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 171,281 142,427 142,427
3 Accounts receivable 1,036
Less: allowance for doubtful accounts   971 1,036 1,036
4 Pledges receivable  
Less: allowance for doubtful accounts        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule)  
Less: allowance for doubtful accounts 0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 555,208 Click to see attachment
List of Attached Documents:
// Content
300,159 		301,625
b Investments—corporate stock (attach schedule)....... 1,799,050 Click to see attachment
List of Attached Documents:
// Content
1,691,274 		4,136,294
c Investments—corporate bonds (attach schedule)....... 941,615 Click to see attachment
List of Attached Documents:
// Content
1,134,041 		1,150,565
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........     0
14 Land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
15 Other assets (describe )      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,468,125 3,268,937 5,731,947
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........ 3,468,125 3,268,937
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)..... 3,468,125 3,268,937
30 Total liabilities and net assets/fund balances (see instructions). 3,468,125 3,268,937
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
3,468,125
2
Enter amount from Part I, line 27a .....................
2
-200,131
3
Other increases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
3
943
4
Add lines 1, 2, and 3 ..........................
4
3,268,937
5
Decreases not included in line 2 (itemize)
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
3,268,937
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 50000. FEDERAL HOME LOAN BANK 5.050% DUE 01/22/   2024-02-02 2025-01-22
b 50000. ELI LILLY AND CO 3.100% DUE 05/15/27   2022-06-03 2025-03-21
c 50000. PFIZER INC 3.000% DUE 12/15/26   2022-02-18 2025-03-24
d 50000. EXXON MOBIL CORPORATION 2.275% DUE 08/16   2022-02-18 2025-03-25
e 190. OMNICOM GROUP INC COM   2021-12-02 2025-03-25
514.814 T ROWE PRICE SMAL CAP VALUE I   2023-02-02 2025-03-25
218.722 VANGUARD S/C INDEX ADMIRAL   2023-10-30 2025-03-25
60. UNITEDHEALTH GROUP INC COM   2020-04-06 2025-03-26
150. CORTEVA INC COM   2020-05-12 2025-04-28
400. SCHLUMBERGER LTD COM   2023-06-08 2025-05-15
50000. UNITEDHEALTH GROUP INC 5.300% DUE 02/15/   2023-12-06 2025-05-20
50000. UNITED STATES TREAS NT 4.250% DUE 05/31/   2023-05-30 2025-06-02
650. COMCAST CORP CLASS A COM   2020-04-06 2025-06-13
50000. FEDERAL FARM CREDIT BANK 4.250% DUE 06/1   2022-12-15 2025-06-13
115.233 VANGUARD WINDSOR II ADMIRAL CLASS   2010-08-11 2025-06-13
50000. UNITED STATES TREAS NOTES 4.625% DUE 06/   2023-07-07 2025-06-30
100. BECTON DICKINSON & CO COM   2009-03-18 2025-07-01
210. OMNICOM GROUP INC COM   2021-01-05 2025-07-01
25.191 VANGUARD REAL ESTATE INDEX ADMIRAL   2013-10-25 2025-07-01
50000. FEDERAL FARM CR BKS 4.890% DUE 07/21/26*   2023-07-18 2025-07-21
30000. FEDERAL HOME LOAN BANK 4.750% DUE 07/25/   2024-01-26 2025-07-25
113. CHEVRON CORP COM   2014-12-16 2025-08-05
115. ABBVIE INC COM   2025-03-26 2025-08-22
164. COCA COLA CO COM   2014-02-07 2025-08-22
735.294 FED TOTAL RETURN BD FD CL R6   2025-06-13 2025-08-22
113. HONEYWELL INTL INC COM   2024-07-24 2025-08-22
50000. JP MORGAN CHASE BANK 3.200% DUE 06/15/26   2022-02-18 2025-08-22
1881.597 NORTHERN MIDCAP INDEX   2017-04-10 2025-08-22
50000. PEPSICO INC 4.450% DUE 05/15/28*   2023-06-23 2025-08-22
50. ROPER INDS INC NEW COM   2020-04-06 2025-08-22
9. SERVICE NOW INC COM   2024-03-12 2025-09-05
25000. FEDERAL HOME LOAN BANK 4.000% DUE 09/08/   2022-08-09 2025-09-08
85. DANAHER CORP COM   2023-10-24 2025-09-10
38. DEERE & CO COM   2002-05-02 2025-09-10
31. ALPHABET CL A COM   2019-05-10 2025-12-19
15. AMPHENOL CORPORATION COM   2025-09-10 2025-12-19
28. BROADCOM INC NPV COM   2025-09-10 2025-12-19
25000. FEDERAL HOME LOAN BANK 4.800% DUE 12/26/   2024-01-08 2025-12-26
51.312 VANGUARD REAL ESTATE INDEX ADMIRAL   2013-10-25 2025-12-29
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 50,000   50,000  
b 48,917   49,646 -729
c 48,927   50,765 -1,838
d 48,675   50,094 -1,419
e 15,277   12,792 2,485
26,209   23,532 2,677
24,125   17,239 6,886
30,982   14,645 16,337
9,234   3,235 5,999
14,082   19,042 -4,960
50,973   51,166 -193
50,000   50,000  
22,819   23,272 -453
50,000   50,000  
9,350   4,675 4,675
50,000   50,000  
17,733   6,419 11,314
15,423   8,147 7,276
3,200   2,513 687
50,000   50,000  
30,000   30,000  
17,264   11,068 6,196
24,136   23,185 951
11,481   6,230 5,251
7,000   6,904 96
25,162   24,270 892
49,585   50,286 -701
41,000   34,688 6,312
50,592   50,130 462
26,758   15,501 11,257
8,179   7,113 1,066
25,000   25,000  
16,458   6,929 9,529
18,069   849 17,220
9,441   1,786 7,655
2,043   1,787 256
9,414   10,212 -798
25,000   24,994 6
6,475   5,036 1,439
      53,028
      53,028
      53,028
      53,028
      53,028
      53,028
      53,028
      53,028
      53,028
      53,028
      53,028
      53,028
      53,028
      53,028
      53,028
      53,028
      53,028
      53,028
      53,028
      53,028
      53,028
      53,028
      53,028
      53,028
      53,028
      53,028
      53,028
      53,028
      53,028
      53,028
      53,028
      53,028
      53,028
      53,028
      53,028
      53,028
      53,028
      53,028
      53,028
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        
b       -729
c       -1,838
d       -1,419
e       2,485
      2,677
      6,886
      16,337
      5,999
      -4,960
      -193
       
      -453
       
      4,675
       
      11,314
      7,276
      687
       
       
      6,196
      951
      5,251
      96
      892
      -701
      6,312
      462
      11,257
      1,066
       
      9,529
      17,220
      7,655
      256
      -798
      6
      1,439
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 168,861
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ......................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 3,914
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 3,914
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 3,914
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 5,816
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 5,816
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed....... 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10 1,902
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax1,902 Refunded 11 0
For Refunded amount, also complete and attach Form 8050. See instructions.
Form 990-PF (2025)
Form 990-PF (2025)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. $   (2) On foundation managers.$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
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 address  
14
The books are in care ofFIRST MERCHANTS PRIVATE WEALTH, ADVISORS Telephone no. (765) 747-1500

Located at200 EAST JACKSON STREETMUNCIEIN ZIP+447305
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........
and enter the amount of tax-exempt interest received or accrued during the year ........
15
 
16 At any time during calendar year 2025, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country
Form 990-PF (2025)
Form 990-PF (2025)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2025? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2025, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2025?....................
2a
 
No
If "Yes," list the years 20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2025 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Form 4720, Schedule C, to determine
if the foundation had excess business holdings in 2025.).....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2025? ..
4b
 
No
Form 990-PF (2025)
Form 990-PF (2025)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
FIRST MERCHANTS PRIVATE WEALTH ADVI
ORS 		Trustee
1 		42,675    
200 EAST JACKSON STREET
MUNCIE,IN47305
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000................... 0
Form 990-PF (2025)
Form 990-PF (2025)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................  
Form 990-PF (2025)
Form 990-PF (2025)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
5,444,694
b
Average of monthly cash balances.......................
1b
166,961
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
5,611,655
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
5,611,655
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
84,175
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
5,527,480
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
276,374
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
276,374
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
3,914
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
3,914
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
272,460
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
272,460
6
Deduction from distributable amount (see instructions) .................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
272,460
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
474,323
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
474,323
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 7 272,460
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 233,983
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2025:
a From 2020...... 0
b From 2021...... 0
c From 2022...... 0
d From 2023...... 0
e From 2024...... 0
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2025 from Part
XI, line 4: $ 474,323
a Applied to 2024, but not more than line 2a 233,983
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..... 240,340
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 .......... 		32,120
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2020 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2021 .... 0
b Excess from 2022 .... 0
c Excess from 2023 .... 0
d Excess from 2024 .... 0
e Excess from 2025 .... 0
Form 990-PF (2025)
Form 990-PF (2025)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2025, enter the date of the ruling ......
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2025 (b) 2024 (c) 2023 (d) 2022
         
b 85% (0.85) of line 2a .......          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, 3b, or 3c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, 2b, 2c, and 2d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2025)
Form 990-PF (2025)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

SALVATION ARMY

5550 PRAIRIE STONE PARKWAY
HOFFMAN ESTATES,IL60192 		N/A   GENERAL OPERATIONS 442,180
Total ................................. 3a 442,180
bApproved for future payment
Total ................................. 3b  
Form 990-PF (2025)
Form 990-PF (2025)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 126,988  
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 ............ 		    18 168,861  
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) ..   295,849  
13Total. Add line 12, columns (b), (d), and (e)..................
13
295,849
(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:
MOYARS-SCOTT MEMORIAL 4 IN TOTAL RETURN
EIN:
35-2134072
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEE 2,270     2,270

TY 2025 InvestmentsCorpBondsSchedule
Name:
MOYARS-SCOTT MEMORIAL 4 IN TOTAL RETURN
EIN:
35-2134072
Name of Bond End of Year Book Value End of Year Fair Market Value
AMAZON 4.7% 12/1/32* 49,840 51,479
ASTZCA 4.9% 2/26/31* 24,993 25,902
BANK AMERICA CORP 4.571% 4/27/ 24,368 24,982
BLKRK 4.75% 5/25/33* 50,067 51,241
CMCSA 4.55% 1/15/29* 49,433 50,757
JD 4.15% 9/15/27 24,679 25,197
EXX 2.275% 8/16/26*    
FL P&L 5.05% 4/1/28* 50,521 51,281
GOLDMAN SACHS GROUP INC 4.692% 49,525 50,715
HD 4.5% 9/15/32* 25,054 25,336
JPM 3.2% 6/15/26    
LLY 3.1% 5/15/27    
MARSH MCLENNAN 4.850 11/15/31 25,104 25,673
NXTRA 5% 7/15/32* 25,408 25,642
PEPSI 4.45% 5/15/28*    
PFE 3% 12/15/26    
TX IN 4.6% 2/15/28* 50,343 50,797
US BANCORP 4.967% 07/22/33 49,667 50,446
UNH 5.3% 2/15/30*    
WELLS FARGO &CO 4.478% 4/04/20 49,832 50,371
FED SH INTRM TTL BD 96,557 94,399
FED TTL RET BD CL R6 45,371 46,373
AMERICAN EXPRESS 5.043% 5/1/20 50,881 51,366
AM HONDA FIN 4.900 7/9/27 25,168 25,341
BK OF NY MELLON 5.060% 7/22/32 50,433 51,887
BRDCM 4.75% 4/15/29* 25,186 25,484
META PLATFORMS INC 4.550% 08/1 25,050 25,465
HONEYWELL INTL 4.700% 2/1/30 25,160 25,570
EL LLY 4.7% 2/27/33* 50,045 51,145
LOWES 4.5% 4/15/30* 24,777 25,336
MASTERCARD INC 4.875% 5/9/34 40,575 41,074
MORGAN STANLEY 4.431 1/23/30 25,197 25,154
NETFLIX INC 4.900% 08/15/34 51,198 51,237
TOYOTA MTR 4.550% 5/17/30 49,609 50,915

TY 2025 InvestmentsCorpStockSchedule
Name:
MOYARS-SCOTT MEMORIAL 4 IN TOTAL RETURN
EIN:
35-2134072
Name of Stock End of Year Book Value End of Year Fair Market Value
ABBOTT LABS COMMON 5,528 23,429
ALPHABET CL A 14,941 84,197
AMAZON 50,263 79,633
APPLE INC 20,610 197,099
AUTO DATA PROCESSING 6,950 51,446
BECTON DICKINSON    
BROWN & BROWN 43,661 40,408
CATERPILLAR 3,290 51,558
CHEVRON CORP 5,307 17,070
COCA COLA CO, COMMON    
COMCAST CL A    
CONSTELLATION ENERGY 10,349 15,897
COPART INC 14,870 15,660
CORTEVA INC    
COSTCO WHOLESALE 7,649 48,291
CULLEN FROST BANKERS 18,989 37,989
DANAHER CORP 4,239 18,771
DEERE AND COMPANY 826 17,226
DISNEY WALT COMPANY 6,854 22,754
EOG RESOURCES INC 17,591 21,002
ECOLAB 16,282 35,965
EXXON MOBIL CORP 32,647 54,755
META PLATFORMS INC 32,807 41,586
HOME DEPOT INC 26,634 34,410
HONEYWELL INTL INC    
BIOTECH INDEX ISHR 4,855 33,754
J P MORGAN CHASE 13,299 112,777
JOHNSON & JOHNSON CO 24,607 72,433
L3HARRIS TECH 6,222 44,036
LILLY ELI & CO, COM 13,446 214,936
LOWE'S COMPANIES 13,612 48,232
MICROSOFT CORP 21,229 202,153
NEXTERA ENERGY 7,271 48,168
NUCOR CORP 11,346 40,778
NVIDIA CORP 31,203 46,439
OMNICOM GROUP INC    
PEPSICO INC 4,431 14,926
PROCTER & GAMBLE CO, 15,183 42,993
RAYTHEON TECH 12,941 50,435
ROPER INDUSTRIES INC    
SCHLUMBERGER LTD    
MATERIALS SPDR 7,343 9,070
CONSUMER DISC SPDR 25,942 71,646
COMM SERVICES 24,893 41,673
SERVICE NOW INC 18,967 18,383
TJX COS INC 18,770 69,125
UNITEDHEALTH GROUP    
VANECK SEMICONDUCTOR ETF 134,063 193,030
VG INFO TECH ETF 40,596 129,650
VISA 21,530 35,071
WAL MART STORES INC 3,685 25,067
ACCENTURE PLC 32,984 42,391
CHUBB LIMITED 25,138 43,073
AMERICAN EURO GRWTH 37,250 45,843
WCM FOCUSED INTL GR 68,273 78,770
MORGAN STANLEY INTL 9,000 10,413
SCHWAB FDMTL INTL LC 13,850 18,098
VANGUARD INTL GR ADM 40,242 89,893
VANGUARD EQUITY 25,379 56,275
VANGUARD PRIMECAP 13,906 57,187
VANGUARD WNDSR AD II 20,209 44,965
VANGUARD 500 INDEX A 49,748 176,422
JANUS ENTERPRISE 100,482 133,549
MFS MIDCAP VALUE R6 134,965 154,478
NORTHERN MIDCAP 51,934 59,702
VANGUARD MID-CAP AD 51,113 250,283
VANGUARD RE INDEX 54,898 72,298
TROWE S/C VALUE    
VANGUARD SMALLCAP AD 45,434 214,441
AMETEK INC 811 821
AMPHENOL CORPORATION 4,884 5,541
BROADCOM INC NPV 20,012 22,150
S&P GLOBAL 512 523
GMO INT'L ETF 11,063 13,499
ASTRAZENECA 7,798 9,837
SAP AKTIENGESELLSCH 7,341 6,559
TAIWAN SEMICONDUCTOR 10,427 12,156
PZENA EMERGING MKT 26,925 29,104
WCM FOCUSED EMRG MKT 10,975 14,102

TY 2025 InvestmentsGovtObligationsSch
Name:
MOYARS-SCOTT MEMORIAL 4 IN TOTAL RETURN
EIN:
35-2134072
US Government Securities - End of Year Book Value:

300,159
US Government Securities - End of Year Fair Market Value:

301,625
State & Local Government Securities - End of Year Book Value:


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


 


TY 2025 OtherIncreasesSchedule
Name:
MOYARS-SCOTT MEMORIAL 4 IN TOTAL RETURN
EIN:
35-2134072
Description Amount
ACCRUED INTEREST C/O FROM PY 943


TY 2025 TaxesSchedule
Name:
MOYARS-SCOTT MEMORIAL 4 IN TOTAL RETURN
EIN:
35-2134072
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 235 235   0
FEDERAL TAX PAYMENT - PRIOR YE 2,336 0   0
FEDERAL ESTIMATES - PRINCIPAL 5,816 0   0
FOREIGN TAXES ON QUALIFIED FOR 391 391   0
FOREIGN TAXES ON NONQUALIFIED 77 77   0