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
ALEXANDER RUSSELL TULLOCH TRUST
 
Number and street (or P.O. box number if mail is not delivered to street address) PO BOX 3170 DEPT 715
  Room/suite
City or town
HONOLULU
State or province
HI
Country  
ZIP or foreign postal code
968023170
A Employer identification number

99-6007059
B Telephone number (see instructions)

8086944399
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)$1,435,392J 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... 31,529 31,529  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 118,357
b Gross sales price for all assets on line 6a 394,326
7 Capital gain net income (from Part IV, line 2)... 118,357
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)....... Click to see attachment
List of Attached Documents:
// Content
2 2  
12 Total. Add lines 1 through 11........ 149,888 149,888  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 14,011 7,006   7,005
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
1,600 0 0 1,600
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
5,481 5,481   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
3,144 798   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)....... Click to see attachment
List of Attached Documents:
// Content
3 3    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 24,239 13,288 0 8,605
25 Contributions, gifts, grants paid....... 40,000 40,000
26 Total expenses and disbursements. Add lines 24 and 25 ................ 64,239 13,288 0 48,605
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 85,649
b Net investment income (if negative, enter -0-) 136,600
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............. 2,444    
2 Savings and temporary cash investments......... 14,991 14,359 14,359
3 Accounts receivable  
Less: allowance for doubtful accounts     0 0
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)      
b Investments—corporate stock (attach schedule).......      
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).......... 827,791 Click to see attachment
List of Attached Documents:
// Content
915,279 		1,421,033
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) 845,226 929,638 1,435,392
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........ 845,226 929,638
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)..... 845,226 929,638
30 Total liabilities and net assets/fund balances (see instructions). 845,226 929,638
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
845,226
2
Enter amount from Part I, line 27a .....................
2
85,649
3
Other increases not included in line 2 (itemize)
3
0
4
Add lines 1, 2, and 3 ..........................
4
930,875
5
Decreases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
5
1,237
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
929,638
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 1. ABBVIE INC   2025-04-08 2025-08-20
b 1. ABBVIE INC   2025-04-08 2025-08-22
c 4. ABBVIE INC   2025-04-08 2025-12-29
d 3. ADOBE SYSTEMS INC   2023-12-14 2025-04-08
e 5. ADVANCED MICRO DEVICES INC   2020-12-01 2025-02-13
3. AIR PRODUCTS & CHEMICAL INC   2024-09-04 2025-04-08
4. AIR PRODUCTS & CHEMICAL INC   2022-03-09 2025-04-08
3. ALPHABET INC CL C   2022-03-09 2025-04-08
7. ALPHABET INC CL A   2010-09-28 2025-04-08
11. AMAZON.COM INC   2020-12-01 2025-04-08
1. AMAZON.COM INC   2025-08-20 2025-08-22
1. AMERICAN INTL GROUP   2025-08-20 2025-08-22
5. AMERICAN INTL GROUP   2025-08-20 2025-12-29
21. APPLE COMPUTER   2010-09-28 2025-04-08
1. APPLE COMPUTER   2010-09-28 2025-08-20
1. APPLE COMPUTER   2010-09-28 2025-08-22
23. APPLOVIN CORP-CLASS A   2024-09-04 2025-04-08
3. APPLOVIN CORP-CLASS A   2024-07-15 2025-08-20
1. APPLOVIN CORP-CLASS A   2024-07-15 2025-08-22
7. APPLOVIN CORP-CLASS A   2024-07-15 2025-12-29
5. ASTERA LABS INC   2024-09-04 2025-04-08
2. ASTERA LABS INC   2024-09-04 2025-08-20
1. ASTRAZENECA PLC SP ADR   2025-08-20 2025-08-22
1. AUTOZONE INC   2024-09-04 2025-04-08
3. BJ'S WHOLESALE CLUB HOLDINGS   2025-04-08 2025-08-20
18. BALL CORP   2025-04-08 2025-05-12
20. BANK OF AMERICA CORP   2025-04-08 2025-08-20
1.934 ISHARES S&P 500 INDEX FUND   2025-04-08 2025-08-20
7.088 ISHARES S&P 500 INDEX FUND   2016-03-24 2025-08-20
1.844 ISHARES S&P 500 INDEX FUND   2016-03-24 2025-08-22
4.816 ISHARES S&P 500 INDEX FUND   2016-03-24 2025-12-29
30. BAXTER INTL INC   2024-07-15 2025-04-08
3. BERKSHIRE HATHAWAY INC CL B   2024-09-04 2025-04-08
4. BERKSHIRE HATHAWAY INC CL B   2012-06-08 2025-04-08
4821.765 ISHARES MSCI EAFE INTERNATIONAL INDEX F   2020-05-20 2025-04-08
1. BLACKROCK FUNDING INC   2024-09-04 2025-04-08
2. BLACKROCK FUNDING INC   2020-12-01 2025-04-08
10. BOSTON SCIENTIFIC CORP   2024-07-15 2025-04-08
5. BROADCOM INC   2024-09-04 2025-04-08
6. BROADCOM INC   2024-09-04 2025-08-20
2. BURLINGTON STORES INC.   2024-09-04 2025-04-08
2. CADENCE DESIGN SYSTEMS INC   2025-04-08 2025-06-23
10. CAMECO CORPORATION   2024-09-04 2025-04-08
10. CAMECO CORPORATION   2024-09-04 2025-05-12
2. CAPITAL ONE FINANCIAL CORP   2025-04-08 2025-08-22
8. CARDINAL HEALTH, INC. COMMON   2025-04-08 2025-08-20
36. CARRIER GLOBAL CORP   2024-09-04 2025-04-08
12. CHEVRONTEXACO CORP   2020-05-20 2025-04-08
6. CITIGROUP INC   2025-04-08 2025-08-22
5. CLOUDFLARE INC CLASS A   2025-04-08 2025-08-20
4. COCA COLA CO   2025-08-20 2025-12-29
8. COHERENT CORP   2025-08-20 2025-09-24
3. CONSTELLATION ENERGY   2025-08-20 2025-12-29
60. CORE SCIENTIFIC INC   2025-04-08 2025-08-20
3. CORTEVA INC   2025-08-20 2025-12-29
8. DIAGEO PLC - SPONSORED ADR   2024-09-04 2025-04-08
18. DISNEY WALT CO   2024-09-04 2025-04-08
121.848 DODGE & COX INTERNATIONAL STOCK FUND CLA   2019-04-11 2025-04-08
23.954 DODGE & COX INTERNATIONAL STOCK FUND CLA   2015-09-29 2025-08-20
16.061 DODGE & COX INTERNATIONAL STOCK FUND CLA   2015-09-29 2025-08-22
40. DRAFTKINGS INC CL A   2024-09-04 2025-03-07
12. EASTMAN CHEM CO.   2025-04-08 2025-07-15
45. EMBRAER SA ADR   2022-03-09 2025-04-08
1. EXXON MOBIL CORP   2024-09-04 2025-08-22
1. EXXON MOBIL CORP   2025-04-08 2025-12-29
1. EXXON MOBIL CORP   2024-09-04 2025-12-29
3. META PLATFORMS INC CL A   2019-04-11 2025-08-20
40.347 FEDERATED HERMES MDT MID CAP GROWTH FUND   2025-04-08 2025-08-20
3.947 FEDERATED HERMES MDT MID CAP GROWTH FUND   2025-04-08 2025-08-22
523.985 FEDERATED HERMES TOTAL RETURN BOND FUND   2014-09-25 2025-04-08
144.468 FEDERATED HERMES TOTAL RETURN BOND FUND   2025-08-20 2025-08-22
20. FIRSTENERGY CORP   2024-09-04 2025-04-08
20. FIRSTENERGY CORP   2020-08-25 2025-04-08
5. FREEPORT MCMORAN COPPER & GOLD CLASS B   2025-08-20 2025-12-29
47. GFL ENVIRONMENTAL INC SUB VT   2025-04-08 2025-08-20
22. GFL ENVIRONMENTAL INC SUB VT   2024-09-04 2025-12-29
4. GENERAL DYNAMICS CORP   2020-05-20 2025-04-08
4. GLAUKOS CORP   2025-04-08 2025-06-23
1. GOLDMAN SACHS GROUP INC   2019-04-11 2025-08-20
454.983 GOLDMAN SACHS INTERNATIONAL SMALL CAP IN   2015-07-01 2025-04-08
224.056 GOLDMAN SACHS INTERNATIONAL SMALL CAP IN   2015-07-01 2025-08-20
53.071 GOLDMAN SACHS INTERNATIONAL SMALL CAP IN   2015-07-01 2025-08-22
1. HEICO CORP CL A   2024-09-04 2025-08-20
4. HEICO CORP CL A   2024-09-04 2025-12-29
2. HOME DEPOT INC   2018-08-16 2025-04-08
1. INGERSOLL RAND INC   2025-04-08 2025-08-22
30. INTEL CORP   2024-09-04 2025-04-08
1. INTUITIVE SURGICAL INS   2025-08-20 2025-09-24
15. ISHARES RUSSELL MIDCAP GROWTH INDEX FUND   2025-04-08 2025-08-20
1. ISHARES RUSSELL MIDCAP GROWTH INDEX FUND   2025-04-08 2025-08-22
13. JP MORGAN CHASE & CO   2010-09-28 2025-04-08
32.703 JOHN HANCOCK III DISC M/C-IS   2025-04-08 2025-08-20
42.855 JOHN HANCOCK III DISC M/C-IS   2025-04-08 2025-08-22
13. JOHNSON & JOHNSON   2015-10-26 2025-04-08
105.458 JPMORGAN EMERG MRKT EQ-I   2024-09-04 2025-12-29
80. KINDER MORGAN INC   2024-09-04 2025-04-08
52. PHILIPS ELECTRONICS NY SHR   2022-12-14 2025-04-08
96.855 LAZARD EMERGING MKTS EQUITY PORT INSTL   2025-04-08 2025-08-22
7. LIBERTY MEDIA CORP - LIB NEW C   2024-07-15 2025-12-29
1. LILLY ELI & CO   2024-07-15 2025-08-20
1. MARTIN MARIETTA MATERIALS   2023-03-28 2025-03-07
1. MARTIN MARIETTA MATERIALS   2025-08-20 2025-12-29
1. MCKESSON HBOC INC   2018-08-16 2025-04-08
1. MERCADOLIBRE INC   2024-09-04 2025-08-20
12. MERCK & CO INC   2012-01-26 2025-04-08
30. METHANEX CORP   2024-09-04 2025-04-08
9. MICROSOFT CORP   2020-12-01 2025-08-20
3. MOLINA HEALTHCARE INC   2024-09-04 2025-04-08
18. NRG ENERGY INC   2025-04-08 2025-08-20
5. NRG ENERGY INC   2025-04-08 2025-12-29
4. NRG ENERGY INC   2024-09-04 2025-12-29
8. NATERA INC   2022-12-14 2025-04-08
2. NATERA INC   2022-12-14 2025-08-20
3. NATERA INC   2022-12-14 2025-12-29
4. NETFLIX INC   2022-03-09 2025-12-29
26. NEWMONT MINING CORP   2017-03-27 2025-04-08
2. NEXTERA ENERGY INC   2025-08-20 2025-12-29
18. NIKE INC CL B   2024-09-04 2025-04-08
28. NVIDIA CORP   2022-03-09 2025-08-20
1. NVIDIA CORP   2020-12-01 2025-08-22
5. ORACLE   2025-04-08 2025-08-20
3. ORACLE   2025-04-08 2025-12-17
34. PAYPAL HOLDINGS INC.   2024-09-04 2025-04-08
20. PFIZER INC   2024-09-04 2025-04-08
20. PFIZER INC   2016-03-24 2025-04-08
1. PHILIP MORRIS INTERNATIONAL   2025-04-08 2025-08-22
24. PINTEREST INC CLASS A   2025-08-20 2025-12-29
9. PROCTER & GAMBLE CO   2023-12-14 2025-04-08
124.489 BECKER CONGRESS MID CAP GROWTH-INS   2024-09-04 2025-04-08
1816.767 BECKER CONGRESS MID CAP GROWTH-INS   2023-12-14 2025-04-08
2. QUALCOMM INC   2017-03-27 2025-04-08
7. QUEST DIAGNOSTICS INC COMMON   2020-05-20 2025-04-08
4. RTX CORPORATION   2024-09-04 2025-04-08
16. RTX CORPORATION   2016-03-24 2025-04-08
20. ROBINHOOD MARKETS INC A   2025-04-08 2025-08-20
10. ROBINHOOD MARKETS INC A   2025-04-08 2025-12-29
15. ROBLOX CORP CLASS A   2025-08-20 2025-12-29
16. SHELL PLC NPV ADR   2022-03-09 2025-04-08
2. S&P GLOBAL INC   2018-12-31 2025-12-29
5. SALESFORCE INC   2020-12-01 2025-04-08
12. SANOFI ADR   2024-09-04 2025-12-29
8. SAP AG SPONS ADR   2020-12-01 2025-04-08
3. CHARLES SCHWAB CORP NEW   2024-09-04 2025-04-08
2. CHARLES SCHWAB CORP NEW   2025-08-20 2025-12-29
1. CHARLES SCHWAB CORP NEW   2024-09-04 2025-12-29
5. SEA LTD ADR   2025-04-08 2025-08-20
1. SEA LTD ADR   2025-04-08 2025-08-22
6. SEA LTD ADR   2025-04-08 2025-12-29
1. SERVICENOW INC.   2024-09-04 2025-04-08
8. SOUTHERN CO   2024-09-04 2025-04-08
20. SOUTHERN CO   2019-10-28 2025-04-08
6. SOUTHWEST AIRLINES   2025-08-20 2025-12-29
28. SYSCO CORP   2024-09-04 2025-04-08
1. TKO GROUP HOLDINGS INC   2025-04-08 2025-08-20
3. TKO GROUP HOLDINGS INC   2025-04-08 2025-12-29
5. TAIWAN SEMICONDUCTOR -SP ADR   2024-07-15 2025-08-20
2. TAIWAN SEMICONDUCTOR -SP ADR   2024-09-04 2025-12-29
4. TALEN ENERGY CORP   2025-04-08 2025-12-29
3. TESLA INC.   2025-04-08 2025-08-20
1. TRANSDIGM GROUP INC   2020-12-01 2025-04-08
4. TWILIO INC   2025-08-20 2025-10-15
25. US BANCORP   2010-09-28 2025-04-08
13. UNITED AIRLINES HOLDINGS INC   2025-04-08 2025-08-20
143.467 VANGUARD TOTAL INTL ST INDEX FUND-ADM   2022-03-09 2025-04-08
56.883 VANGUARD TOTAL INTL ST INDEX FUND-ADM   2024-09-04 2025-08-20
92.198 VANGUARD TOTAL INTL ST INDEX FUND-ADM   2022-03-09 2025-08-20
24.308 VANGUARD TOTAL INTL ST INDEX FUND-ADM   2014-05-07 2025-08-22
1238.041 VANGUARD TOTAL BOND MARKET INDEX FUND AD   2014-05-07 2025-04-08
333.18 VANGUARD TOTAL BOND MARKET INDEX FUND AD   2025-08-20 2025-08-22
91. VANGUARD FTSE DEVELOPED ETF   2025-04-08 2025-08-20
44. VANGUARD FTSE DEVELOPED ETF   2025-04-08 2025-12-29
11. VANGUARD FTSE EMERGING MARKETS ETF   2024-09-04 2025-08-22
17. VANGUARD LONG-TERM CORP BOND   2025-08-20 2025-09-26
94. VANGUARD LONG-TERM CORP BOND   2024-09-04 2025-09-26
20.225 VANGUARD TOTL STK MKT IND-AD   2025-04-08 2025-08-20
37.509 VANGUARD TOTL STK MKT IND-AD   2014-05-09 2025-08-20
10.791 VANGUARD TOTL STK MKT IND-AD   2014-05-09 2025-08-22
47.172 VANGUARD TOTL STK MKT IND-AD   2014-05-09 2025-12-29
50. VERIZON COMMUNICATIONS   2024-09-04 2025-04-08
2. VERTIV HOLDINGS CO   2025-04-08 2025-08-20
13. VERTIV HOLDINGS CO   2023-12-14 2025-08-20
13. VERTIV HOLDINGS CO   2023-12-14 2025-12-29
3. VISA INC CL A SHARES   2010-08-03 2025-08-20
4. VISA INC CL A SHARES   2010-08-03 2025-12-29
9. VISTRA ENERGY CORP   2025-04-08 2025-08-20
1. WAL-MART STORES INC   2025-04-08 2025-12-29
65. WARNER BROS DISCOVERY INC   2024-09-04 2025-04-08
7. WESTERN DIGITAL CORP   2025-08-20 2025-12-29
9. EATON CORP PLC   2022-03-09 2025-04-08
57. JAMES HARDIE IND PLC   2025-08-20 2025-12-29
6. SEAGATE TECHNOLOGY HOLDINGS   2025-04-08 2025-12-29
8. CHUBB LTD   2020-05-20 2025-04-08
18. GLOBAL-E ONLINE LTD   2025-04-08 2025-08-20
1. ASML HOLDING NV NY REG SHS   2024-09-04 2025-08-20
2. NEBIUS GROUP NV   2025-08-20 2025-12-29
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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    
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    
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    
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 208   179 29
b 210   179 31
c 926   714 212
d 1,024   1,747 -723
e 561   462 99
754   825 -71
1,006   912 94
448   400 48
1,032   92 940
1,922   1,783 139
228   223 5
83   82 1
432   407 25
3,707   215 3,492
226   10 216
228   10 218
5,556   2,023 3,533
1,218   262 956
441   87 354
4,847   611 4,236
274   210 64
336   84 252
81   80 1
3,505   3,130 375
321   339 -18
966   836 130
964   713 251
1,449   1,128 321
5,311   1,735 3,576
1,397   451 946
3,868   1,179 2,689
849   1,025 -176
1,495   1,427 68
1,994   325 1,669
71,314   55,665 15,649
824   880 -56
1,647   1,430 217
915   779 136
804   775 29
1,727   930 797
450   525 -75
589   492 97
371   393 -22
522   393 129
443   312 131
1,212   1,010 202
2,018   2,487 -469
1,668   1,092 576
571   358 213
951   501 450
281   283 -2
846   489 357
1,081   933 148
823   397 426
202   217 -15
820   1,032 -212
1,493   1,602 -109
5,935   4,484 1,451
1,522   865 657
1,033   580 453
1,542   1,374 168
952   865 87
1,868   601 1,267
111   115 -4
121   102 19
121   115 6
2,230   534 1,696
2,752   2,053 699
273   201 72
4,925   5,795 -870
1,375   1,371 4
770   888 -118
770   560 210
258   206 52
2,366   1,982 384
954   914 40
1,024   552 472
392   335 57
718   204 514
5,451   4,887 564
3,598   2,406 1,192
868   570 298
240   196 44
1,022   784 238
675   388 287
81   68 13
563   589 -26
445   480 -35
2,081   1,588 493
142   106 36
2,862   505 2,357
962   764 198
1,287   1,002 285
1,954   960 994
4,372   3,222 1,150
2,037   1,715 322
1,142   708 434
2,164   1,664 500
684   544 140
700   951 -251
459   345 114
636   597 39
656   128 528
2,348   1,993 355
948   444 504
798   1,346 -548
4,548   1,944 2,604
982   992 -10
2,646   1,563 1,083
806   434 372
645   318 327
1,079   313 766
319   78 241
693   117 576
375   144 231
1,184   675 509
162   153 9
973   1,455 -482
4,838   548 4,290
178   13 165
1,165   635 530
551   381 170
1,997   2,472 -475
437   568 -131
437   571 -134
172   149 23
616   705 -89
1,431   884 547
2,307   3,122 -815
33,665   26,475 7,190
258   114 144
1,130   753 377
483   483  
1,933   844 1,089
2,062   701 1,361
1,165   350 815
1,219   1,771 -552
973   826 147
1,062   339 723
1,238   1,213 25
580   703 -123
1,929   979 950
214   191 23
203   190 13
101   64 37
887   537 350
184   107 77
778   645 133
743   833 -90
696   711 -15
1,741   1,229 512
247   163 84
1,914   2,192 -278
182   141 41
651   424 227
1,132   925 207
598   323 275
1,515   740 775
959   692 267
1,255   593 662
430   405 25
926   541 385
1,294   747 547
4,300   4,432 -132
2,181   1,898 283
3,535   2,744 791
943   692 251
11,848   13,358 -1,510
3,232   3,225 7
5,347   4,189 1,158
2,753   2,026 727
574   485 89
1,313   1,287 26
7,260   7,364 -104
3,090   2,398 692
5,731   1,774 3,957
1,671   510 1,161
7,770   2,230 5,540
2,114   2,065 49
251   129 122
1,634   602 1,032
2,156   602 1,554
1,030   55 975
1,416   73 1,343
1,712   945 767
112   83 29
509   482 27
1,256   523 733
2,276   1,347 929
1,185   1,039 146
1,696   407 1,289
2,221   826 1,395
570   548 22
743   815 -72
172   132 40
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
      8,211
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       29
b       31
c       212
d       -723
e       99
      -71
      94
      48
      940
      139
      5
      1
      25
      3,492
      216
      218
      3,533
      956
      354
      4,236
      64
      252
      1
      375
      -18
      130
      251
      321
      3,576
      946
      2,689
      -176
      68
      1,669
      15,649
      -56
      217
      136
      29
      797
      -75
      97
      -22
      129
      131
      202
      -469
      576
      213
      450
      -2
      357
      148
      426
      -15
      -212
      -109
      1,451
      657
      453
      168
      87
      1,267
      -4
      19
      6
      1,696
      699
      72
      -870
      4
      -118
      210
      52
      384
      40
      472
      57
      514
      564
      1,192
      298
      44
      238
      287
      13
      -26
      -35
      493
      36
      2,357
      198
      285
      994
      1,150
      322
      434
      500
      140
      -251
      114
      39
      528
      355
      504
      -548
      2,604
      -10
      1,083
      372
      327
      766
      241
      576
      231
      509
      9
      -482
      4,290
      165
      530
      170
      -475
      -131
      -134
      23
      -89
      547
      -815
      7,190
      144
      377
       
      1,089
      1,361
      815
      -552
      147
      723
      25
      -123
      950
      23
      13
      37
      350
      77
      133
      -90
      -15
      512
      84
      -278
      41
      227
      207
      275
      775
      267
      662
      25
      385
      547
      -132
      283
      791
      251
      -1,510
      7
      1,158
      727
      89
      26
      -104
      692
      3,957
      1,161
      5,540
      49
      122
      1,032
      1,554
      975
      1,343
      767
      29
      27
      733
      929
      146
      1,289
      1,395
      22
      -72
      40
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 118,357
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 1,899
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 1,899
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 1,899
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 1,328
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 1,328
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....... 9 571
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 tax0 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)
HI
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 ofBANK OF HAWAII Telephone no. (808) 694-4399

Located atPO BOX 3170 DEPT 715HONOLULUHI ZIP+4968023170
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
BANK OF HAWAII TRUSTEE
1 		14,011    
POBOX 3170 DEPT 715
HONOLULU,HI96802
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
1,335,736
b
Average of monthly cash balances.......................
1b
16,464
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
1,352,200
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
1,352,200
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
20,283
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
1,331,917
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
66,596
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
66,596
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
1,899
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
1,899
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
64,697
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
64,697
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
64,697
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
48,605
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
48,605
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 64,697
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 34,187
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: $ 48,605
a Applied to 2024, but not more than line 2a 34,187
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..... 14,418
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 .......... 		50,279
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

SPECIAL OLYMPICS HAWAII

PO BOX 3295
HONOLULU,HI96801 		NONE   YOUNG ATHLETE PROGRAM PLAY 11,000

BEST BUDDIES INTERNATIONAL INC

100 SE 2ND ST STE 2200
MIAMI,FL33131 		NONE   FRIENDSHIP & LEADERSHIP 13,000

CENTRAL UNION CHURCH

1660 SOUTH BERETANIA ST
HONOLULU,HI96826 		NONE   UNRESTRICTED GIFT 16,000
Total ................................. 3a 40,000
bApproved for future payment
Total ................................. 3b  
Form 990-PF (2025)
Form 990-PF (2025)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 31,529  
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 ............ 		    18 118,357  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aSECTION 897 CAPITA 		    1 2  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   149,888  
13Total. Add line 12, columns (b), (d), and (e)..................
13
149,888
(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:
ALEXANDER RUSSELL TULLOCH TRUST
EIN:
99-6007059
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC 1,600     1,600

TY 2025 InvestmentsOtherSchedule2
Name:
ALEXANDER RUSSELL TULLOCH TRUST
EIN:
99-6007059
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
SEE ATTACHED STATEMENT AT COST 915,279 1,421,033

TY 2025 OtherDecreasesSchedule
Name:
ALEXANDER RUSSELL TULLOCH TRUST
EIN:
99-6007059
Description Amount
MUTUAL FUND TIMING DIFFERENCE 1,233
ROUNDING 4


TY 2025 OtherExpensesSchedule
Name:
ALEXANDER RUSSELL TULLOCH TRUST
EIN:
99-6007059
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER EXPENSE (NON-DEDUCTIBLE 3 3   0


TY 2025 OtherIncomeSchedule2
Name:
ALEXANDER RUSSELL TULLOCH TRUST
EIN:
99-6007059
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
SECTION 897 CAPITAL GAIN 2 2  


TY 2025 OtherProfessionalFeesSchedule
Name:
ALEXANDER RUSSELL TULLOCH TRUST
EIN:
99-6007059
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMNT MNGMNT FEES (NON-DED 5,481 5,481    


TY 2025 TaxesSchedule
Name:
ALEXANDER RUSSELL TULLOCH TRUST
EIN:
99-6007059
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 37 37   0
FEDERAL TAX PAYMENT - PRIOR YE 1,018 0   0
FEDERAL ESTIMATES - INCOME 1,328 0   0
FOREIGN TAXES ON QUALIFIED FOR 585 585   0
FOREIGN TAXES ON NONQUALIFIED 176 176   0