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
MICHAEL TALTY AND HELEN TALTY
CHARITABLE TRUST

Number and street (or P.O. box number if mail is not delivered to street address) 17199 N LAUREL PARK DR STE 301
Room/suite

City or town
LIVONIA

State or province
MI

Country

ZIP or foreign postal code
48152

A Employer identification number

22-6946772

B Telephone number (see instructions)

7349538600

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)$5,201,609J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

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


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .................
3	Interest on savings and temporary cash investments	220		220	220
4	Dividends and interest from securities...	144,630		144,630	144,630
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		300,696
b	Gross sales price for all assets on line 6a 541,451
7	Capital gain net income (from Part IV, line 2)...			300,696
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........	445,546		445,546	144,850
13	Compensation of officers, directors, trustees, etc.	35,000		17,500		17,500
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	15,243	9,146		6,097
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	12,631	7,579		5,052
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	5,265	827
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......	600		300		300
22	Printing and publications..........
23	Other expenses (attach schedule).......
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	68,739		35,352		28,949
25	Contributions, gifts, grants paid.......	375,000				375,000
26	Total expenses and disbursements. Add lines 24 and 25 ................	443,739		35,352		403,949
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	1,807
b	Net investment income (if negative, enter -0-)			410,194
c	Adjusted net income (if negative, enter -0-)...				144,850

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.........	93,253	104,616	104,616
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......	4,122,491	List of Attached Documents: // Content 4,112,935	5,096,993
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	4,215,744	4,217,551	5,201,609
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	5,346,160	5,346,160
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds	-1,130,416	-1,128,609
	29	Total net assets or fund balances (see instructions).....	4,215,744	4,217,551
	30	Total liabilities and net assets/fund balances (see instructions).	4,215,744	4,217,551

Part III

Analysis of Changes in Net Assets or Fund Balances

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

4,215,744

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

1,807

Other increases not included in line 2 (itemize)

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

4,217,551

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) ..

4,217,551

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	LPL LONGTERM	P	2023-06-01	2025-12-10
b	LPL LONGTERM	P	2023-06-01	2025-12-11
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	350,000	165,755	184,245
b	75,000	75,000
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			184,245
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	300,696
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	5,702
b	All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2
3	Add lines 1 and 2...........................	3	5,702
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	5,702
6	Credits/Payments:

a	2025 estimated tax payments and 2024 overpayment credited to 2025	6a	3,600
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	3,600
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	2,102
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. $ (2) On foundation managers.$

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

on foundation managers.$

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

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

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

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

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

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

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

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

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

By language in the governing instrument, or

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

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

Yes

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

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

Yes

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

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

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

Yes

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

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

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

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

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

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

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

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

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

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

Yes

Website addressN/A

The books are in care ofKOPMEYER TALTY PC Telephone no. (734) 953-8600

Located at17199 LAUREL PARK DR N STE 301LIVONIAMI ZIP+448152

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-)
PATRICK E TALTY	TRUSTEE 1.50	5,000
21875 ADDINGTON BLVD ROCKY RIVER,OH44116	TRUSTEE 1.50	5,000
JOSEPH E TALTY	TRUSTEE 1.50	5,000
18872 HIGH POINT CHAGRIN FALLS,OH44023	TRUSTEE 1.50	5,000
KEVIN J SANTA	TRUSTEE 1.50	5,000
1592 BRAINARD ROAD LYNDHURST,OH44124	TRUSTEE 1.50	5,000
NARI TALTY-SCHENKELBERG	TRUSTEE 1.50	5,000
8166 HUMPHREY HILLS DR CONCORD,OH44077	TRUSTEE 1.50	5,000
MEGHAN C SCHENKELBERG	TRUSTEE 1.50	5,000
8166 HUMPHREY HILL DR CONCORD,OH44077	TRUSTEE 1.50	5,000
MONTE UNETIC	TRUSTEE 1.50	5,000
6584 MELSHORE DR MENTOR,OH44060	TRUSTEE 1.50	5,000
KATHRYN M TALTY	TRUSTEE 1.50	5,000
8815 FOX HILL DRIVE KIRTLAND,OH44094	TRUSTEE 1.50	5,000

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


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









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

Form 990-PF (2025)

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	N/A
2


All other program-related investments. See instructions.
3

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

Form 990-PF (2025)

Page 8

Part IX

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

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

purposes:

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

5,117,432

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

52,838

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

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

5,170,270

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

5,170,270

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

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

77,554

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

5,092,716

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

254,636

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

254,636

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

5,702

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

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

5,702

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

248,934

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

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

248,934

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

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

248,934

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) ..........

403,949

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. .......

403,949

Form 990-PF (2025)

Page 9

Part XII

Undistributed Income (see instructions)

		(a) Corpus	(d) 2025
1 Distributable amount for 2025 from Part X, line 7			248,934
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only.......
b Total for prior years:20 , 20, 20
3 Excess distributions carryover, if any, to 2025:
a From 2020......
b From 2021......	3,536
c From 2022......	7,049
d From 2023......	15,074
e From 2024......	38,496
f Total of lines 3a through e ........		64,155
4Qualifying distributions for 2025 from Part
XI, line 4: $ 403,949
a Applied to 2024, but not more than line 2a
b Applied to undistributed income of prior years (Election required—see instructions) .....
c Treated as distributions out of corpus (Election required—see instructions) ........
d Applied to 2025 distributable amount.....			248,934
e Remaining amount distributed out of corpus		155,015
5 Excess distributions carryover applied to 2025.
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		219,170
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........
e Undistributed income for 2024. Subtract line 4a from line 2a. Taxable amount—see instructions .............
f Undistributed income for 2025. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2026 ..........			0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......
8 Excess distributions carryover from 2020 not applied on line 5 or line 7 (see instructions) ...
9 Excess distributions carryover to 2026. Subtract lines 7 and 8 from line 6a ......		219,170
10 Analysis of line 9:
a Excess from 2021 ....	3,536
b Excess from 2022 ....	7,049
c Excess from 2023 ....	15,074
d Excess from 2024 ....	38,496
e Excess from 2025 ....	155,015

Form 990-PF (2025)

Page 10

Part XIII

Private Operating Foundations (see instructions and Part VI-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2025, enter the date of the ruling ......

b Check box to indicate whether the organization is a private operating foundation described in section 4942(j)(3) or4942(j)(5)

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

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

Part XIV

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

1Information Regarding Foundation Managers:

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

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

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

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

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

PAULA MUCCI
17199 N LAUREL PARK DR STE 301
LIVONIA,MI48152
(734) 953-8600
PAULA@KOPMEYERTALTY.COM

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

GRANT APPLICATION

cAny submission deadlines:

AUGUST 15

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

NONE

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
BENEDICTINE HIGH SCHOOL 2900 MLK JR DR CLEVELAND,OH44104			BENEDICTINE SCHOLARSHIP PROGRAM	7,100
BLOSSOM HILL 7080 ENGEL RD MIDDLEBURG HEIGHTS,OH44130			DAY PROGRAM ADULTS WITH DISABLITY	4,200
BOYS AND GIRLS CLUB 6114 BROADWAY AVE CLEVELAND,OH44074			SUPPORT AFTER SCHOOL PROGRAMS	4,900
CAMP SUE OSBORN 8090 BROADMOOR RD MENTOR,OH44060			CONSTRUCT NEW SUPPLY SHED	1,700
CATHOLIC CHARITIES DIOCESE OF CLEVE 7911 DETROIT AVE CLEVELAND,OH44102			WELLNESS WARRIOR COURSE	1,900
CHARGRIN FALLS PARK COM CENTER 7060 WOODLAND AVE CHARGRIN FALLS,OH44023			YOUTH PROGRAMS AND SUMMER CAMP	4,100
CHILDREN'S MUSEUM CLEVELAND 3813 EUCLID AVE CLEVELAND,OH44115			SPECIAL NEEDS ACCESS PROGRAM	4,900
CLEVELAND PUBLIC THEATER 6415 DETROIT AVE CLEVELAND,OH44102			AFTER SCHOOL THEATER ARTS PROGRAM	2,600
CLEVELAND ZOOLOGICAL SOCIETY 3900 WILDLIFE WAY CLEVELAND,OH44109			ZOO EDUCATION & WORKFORCE DEVELOPMEN	113,600
EMPOWERING EPILEPSY 23500 MERCANTILE RD STE D BEACHWOOD,OH44122			HELP THOSE LIVING WITH DISEASE	3,600
ESPERANZA 3104 W 25TH ST 4TH FLOOR CLEVELAND,OH44109			EDUCATIONAL SUPPORT 6TH-12TH GRADE	3,600
FIBROMASCULAR DYSPLASIA SOCIETY 26777 LORAIN RD 311 NORTH OLMSTED,OH44070			SUPPORT AWARENESS	7,300
FIELDSTONE FARM 16497 SNYDER RD CHAGRIN FALLS,OH44023			THERAPY HORSES FOR DISABLED	2,700
FRONT STEPS HOUSING AND SERVICES 2554 WEST 25TH ST CLEVELAND,OH44113			FUNDS FOR CHRONICALLY HOMELESS	7,600
GREATER CLEVELAND FOOD BANK 13815 COIT RD CLEVELAND,OH44110			FOOD FOR CHILDREN AND ADULTS	4,500
HIRAM FARM LIVING & LEARNING 11543 GARDFIELD PO BOX157 HIRAM,OH44233			ADULTS WITH AUTISM TRANSPORTATION	14,400
HOLMES CENTER FOR THE ARTS LTD 5200 STATE ROUTE 39 MILLERSBURG,OH44654			8 WEEK ART PROGRAM FOR AT RISK KIDS	3,500
HOLY NAME HIGH SCHOOL 6000 QUEEN HWY PARMA HEIGHTS,OH44130			FUND TUITION ASSISTANCE PROGRAM	10,000
HOLY REDEEMER PARISH 15712 KIPLING AVE CLEVELAND,OH44110			UNCLE FRAN'S NAME SCHOLARSHIPS	24,600
HOPEWELL 9637 STATE ROUTE 434 MIDDLEFIELD,OH44062			ASSIST MENTAL HEALTH RESIDENCE	4,600
HUNGER NETWORK OF GREATER CLEVELAND 4415 EUCLID AVE STE 110 CLEVELAND,OH43103			FOOD RESOURCE FOR CHILDREND & ADULTS	4,400
IRISH AMERICAN ARCHIVES ASSOC PO BOX 91756 CLEVELAND,OH44101			EDUCATE ON HISTORY OF THE IRISH	5,000
MEDWISH INTERNATIONAL 1625 E 31ST ST CLEVELAND,OH44114			SALVAGE USED MEDICAL EQUIPMENT	8,300
NATNL ALLIANCE MENTAL ILL 4415 EUCLID AVE STE 203 CLEVELAND,OH44103			PAYMENT FOR SUPPORT GROUPS, ED, PROG	5,400
NOTRE DAME-CATHEDRAL 13000 AUBURN RD CHARDON,OH44024			PERFORMING ARTS PROGRAM	10,800
OHIO GUIDESTONE 343 W BAGLEY 3RD FL BEREA,OH44107			HELP CHILDREN WITH MENTAL SERVICES	13,200
OPEN HEART MAGIC 67 E MADISON 1504 CHICAGO,IL60603			BEDSIDE MAGIC PROGRAM FOR CHILDREN	4,300
OUR LADY OF THE LAKE SCHOOL 175 E 200TH ST EUCLID,OH44119			WISHLIST ITEMS FOR CLASSROOMS	1,200
REGINA HEALTH CENTER 5232 BROADVIEW ROAD RICHFIELD,OH44286			SUPPORT RESIDENCY BEAUTIFICATION	3,100
SAINTS ROBERT & WILLIAM CATHOLIC SC 351 EAST 260TH ST EUCLID,OH44132			PAYMENT FOR NEW FLOORING	13,900
SEEDS OF LITERACY 3104 W 25TH ST STE 3 CLEVELAND,OH44109			ADULT LITERACY PROGRAM	2,400
SHOES AND CLOTHS FOR KIDS 15500 S WATERLOO RD CLEVELAND,OH44110			SUPPORT CATHOLIC CHURCHES	5,200
SISTERS OF THE MOST HOLY TRINITY 21281 CHARDON RD EUCLID,OH44117			RENOVATION OF THE CHAPEL AT SHRINE	10,800
ST MARY SCHOOL - CHARDON 401 NORTH ST CHARDON,OH44024			FUNDING FOR GOGUARDIAN BEACON	900
ST THERESE OF THE CHILD JESUS ACADE 6637 W SPRAGUE RD PARMA,OH44133			SCHOOL BOOKS, AND EDUCATIONAL TRIPS	10,700
STUDENTS OF PROMISE 13422 KINSMAN RD CLEVELAND,OH44120			TRANSITIONAL HOMES FOR WOMEN & KIDS	5,300
THE FELICIAN SISTERS CHILD CARE 36475 FIVE MILE RD LIVONIA,MI48154			REMOVE AND REPLACE PLAYGROUND	8,800
TREATMENT WORKS INC 7835 HARVARD AVE CLEVELAND,OH44105			SOBER LIVING VAN REQUEST	4,300
UNITED CEREBRAL PALSY OF GREATER CL 10011 EUCLID AVE CLEVELAND,OH44106			CARE FOR PRENATAL CLIENTS	4,600
WICKLIFFE SCHOLARSHIP FOUNDATIONS 1713 LINCOLN RD WICKLIFFE,OH44092			STUDENT SCHOLARSHIPS HIGHSCHOOL	8,900
LUTHERAN METROPOLITAN MINISTRY 4515 SUPERIOR AVE CLEVELAND,OH44103			GUARDIANSHIP SERVICES PROGRAM	4,000
RAINEY INSTITUTE 1705 E 55TH ST CLEVELAND,OH44103			STUDENT SCHOLARSHIPS HIGHSCHOOL	4,400
ST JEROME CHUCH 15000 LAKESHORE BLVD CLEVELAND,OH44110			STUDENT SCHOLARSHIPS HIGHSCHOOL	3,700
Total ................................. 3a				375,000

bApproved for future payment

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

Form 990-PF (2025)

Page 12

Part XV-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........			14	220
4 Dividends and interest from securities ....			14	144,630
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 ............			14	300,696
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) ..				445,546

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

445,546

(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:

MICHAEL TALTY AND HELEN TALTY

CHARITABLE TRUST

EIN:

22-6946772

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
KOPMEYER & TALTY FINANCIAL AND T	9,146	9,146
KOPMEYER & TALTY GRANT REQUEST	6,097			6,097

- TIN:

TY 2025 InvestmentsCorpStockSchedule

Name:

MICHAEL TALTY AND HELEN TALTY

CHARITABLE TRUST

EIN:

22-6946772

Name of Stock	End of Year Book Value	End of Year Fair Market Value
AMCAP CL F2	249,878	344,378
AMERICAN MUTUAL FUND-A	154,951	314,011
BLACKROCK TOTAL RETURN	725,236	628,946
CAPITAL WORLD GWT & INC FUND-A	128,987	213,502
FIRST EAGLE GLOBAL C I	201,458	286,122
JPMORGAN 100% US TREAS SEC	244,771	244,771
NEUBERGER BERMAN CORE BOND	378,207	391,320
NEUBERGER BERMAN STRATEGIC INCOME	423,907	423,260
NEW PERSPECTIVE CL F2	176,423	258,831
SEAFARER OVERSEAS GROWTH & INCOME	147,075	195,747
SPDR PORTFOLIO DEVELOPED WORLD	138,318	196,512
SPDR PORFOLIO S&P 500	712,821	1,095,955
T ROWE PRICE	200,364	226,281
VANGUARD EXPLORER ADMIRAL CL	119,543	130,320
VANGUARD SMALL CAP VALUE INDEX	110,996	147,037

- TIN:

TY 2025 OtherProfessionalFeesSchedule

Name:

MICHAEL TALTY AND HELEN TALTY

CHARITABLE TRUST

EIN:

22-6946772

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ASSET MANAGEMENT FEES	12,631	7,579		5,052

- TIN:

TY 2025 TaxesSchedule

Name:

MICHAEL TALTY AND HELEN TALTY

CHARITABLE TRUST

EIN:

22-6946772

Category	Amount	Net Investment Income
OHIO FILING FEES	200	200
FOREIGN TAX WITHHELD	627	627
FEDERAL TAXES	4,438