TY 2025 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

OMB No. 1545-0047

2025

Open to Public Inspection

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

Name of foundation
THE CURTIS FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address) 3012 HIGHWOODS BLVD SUITE 201
Room/suite

City or town
RALEIGH

State or province
NC

Country

ZIP or foreign postal code
27604

A Employer identification number

56-1257146

B Telephone number (see instructions)

9197816119

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)$17,839,960J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

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


1	Contributions, gifts, grants, etc., received (attach schedule)	1,072,479
2	Check .................
3	Interest on savings and temporary cash investments	2		2
4	Dividends and interest from securities...	414,100		414,100
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		1,421,683
b	Gross sales price for all assets on line 6a 5,684,633
7	Capital gain net income (from Part IV, line 2)...			1,421,683
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).......	List of Attached Documents: // Content	9,113	9,113
12	Total. Add lines 1 through 11........	2,917,377		1,844,898
13	Compensation of officers, directors, trustees, etc.	0		0	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	4,100	2,050	2,050
c	Other professional fees (attach schedule)....
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	7,716	2,337	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	119,022	86,667	32,355
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	130,838		91,054	34,405
25	Contributions, gifts, grants paid.......	387,800			387,800
26	Total expenses and disbursements. Add lines 24 and 25 ................	518,638		91,054	422,205
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	2,398,739
b	Net investment income (if negative, enter -0-)			1,753,844
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2025)

Form 990-PF (2025)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	454,325	29,693	29,693
	2	Savings and temporary cash investments.........	1,114,007	912,771	912,771
	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)	21,337	0	0
	b	Investments—corporate stock (attach schedule).......	9,748,216	List of Attached Documents: // Content 11,646,856	15,632,737
	c	Investments—corporate bonds (attach schedule).......	1,059,225	List of Attached Documents: // Content 1,228,697	1,226,618
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	31,933	List of Attached Documents: // Content 14,235	13,141
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	List of Attached Documents: // Content 0	List of Attached Documents: // Content 25,000	List of Attached Documents: // Content 25,000
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	12,429,043	13,857,252	17,839,960
	17	Accounts payable and accrued expenses..........		5,000
	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	5,000
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	0	0
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	12,429,043	13,852,252
	29	Total net assets or fund balances (see instructions).....	12,429,043	13,852,252
	30	Total liabilities and net assets/fund balances (see instructions).	12,429,043	13,857,252

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) ...............

12,429,043

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

2,398,739

Other increases not included in line 2 (itemize)

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

14,827,782

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

List of Attached Documents:

// Content

975,530

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

13,852,252

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	AS REPORTED BY WELLS FARGO	P	2024-01-01	2024-12-31
b	AS REPORTED BY WELLS FARGO	P	2024-01-01	2025-12-31
c	CAPITAL GAINS DIVIDENDS	P
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	1,574,604	1,465,062	109,542
b	4,109,768	2,797,888	1,311,880
c	261		261
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			109,542
b			1,311,880
c			261
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	1,421,683
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	24,378
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	24,378
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	24,378
6	Credits/Payments:

a	2025 estimated tax payments and 2024 overpayment credited to 2025	6a	9,600
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	0

7	Total credits and payments. Add lines 6a through 6d..............		7	9,600
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	40
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	14,818
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2026 estimated tax	Refunded	11
	For Refunded amount, also complete and attach Form 8050. See instructions.

Form 990-PF (2025)

Page 4

Part VI-A

Statements Regarding Activities

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

Yes

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

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

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

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

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

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

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

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

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

on foundation managers.$ 0

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

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

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

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

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

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

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

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

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

By language in the governing instrument, or

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

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

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. Click to see attachment

List of Attached Documents:

// Content

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

Yes

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 ofDONALD W CURTIS Telephone no. (919) 790-9392

Located at622 LAKESTONE DRIVERALEIGHNC ZIP+427609

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

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

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

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

16 No

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

Form 990-PF (2025)

Page 5

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required

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

Yes

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

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

1a(1)

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

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

1a(2)

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

1a(3)

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

1a(4)

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

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

1a(5)

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

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

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

1a(6)

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

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

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

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

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

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

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

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

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

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

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

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

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

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

20, 20, 20, 20

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

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

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

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

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

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

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

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

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

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

Form 990-PF (2025)

Page 6

Part VI-B

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

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

Yes

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

5a(1)

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

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

5a(2)

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

5a(3)

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

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

5a(4)

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

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

5a(5)

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Part VII

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

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

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
DONALD W CURTIS	PRESIDENT/TRUSTEE 0.00	0	0	0
PO BOX 20443 RALEIGH,NC27619	PRESIDENT/TRUSTEE 0.00	0	0	0
DONNA C MCCLATCHEY	TRUSTEE 0.00	0	0	0
PO BOX 20443 RALEIGH,NC27619	TRUSTEE 0.00	0	0	0

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


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









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

Form 990-PF (2025)

Page 7

Part VII

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

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

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

Part VIII-A

Summary of Direct Charitable Activities

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


2


3


4

Part VIII-B

Summary of Program-Related Investments (see instructions)

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


2


All other program-related investments. See instructions.
3

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

Form 990-PF (2025)

Page 8

Part IX

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

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

purposes:

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

14,960,018

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

1,365,114

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

25,000

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

16,350,132

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

16,350,132

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

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

245,252

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

16,104,880

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

805,244

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

805,244

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

24,378

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

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

24,378

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

780,866

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

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

780,866

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

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

780,866

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) ..........

422,205

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. .......

422,205

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					780,866
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only.......				0
b Total for prior years:20 , 20, 20			0
3 Excess distributions carryover, if any, to 2025:
a From 2020......	1,631,414
b From 2021......	2,379,735
c From 2022......
d From 2023......	654,090
e From 2024......
f Total of lines 3a through e ........		4,665,239
4Qualifying distributions for 2025 from Part
XI, line 4: $ 422,205
a Applied to 2024, but not more than line 2a				0
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.....					422,205
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2025.		358,661			358,661
(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		4,306,578
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 ..........					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) .......		0
8 Excess distributions carryover from 2020 not applied on line 5 or line 7 (see instructions) ...		1,272,753
9 Excess distributions carryover to 2026. Subtract lines 7 and 8 from line 6a ......		3,033,825
10 Analysis of line 9:
a Excess from 2021 ....	2,379,735
b Excess from 2022 ....
c Excess from 2023 ....	654,090
d Excess from 2024 ....
e Excess from 2025 ....

Form 990-PF (2025)

Page 10

Part XIII

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

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

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

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

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

Part XIV

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

1Information Regarding Foundation Managers:

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

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:

DONALD W CURTIS
622 LAKESTONE DRIVE
RALEIGH,NC27609
(919) 781-6119

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

IN WRITING: 1.HISTORY AND NEEDS OF BENEFICIARY; 2. PROOF OF EXEMPT STATUS OF PAYEE; 3. BENEFIT TO BE DERIVED FROM GRANT.

cAny submission deadlines:

AT LEAST SIX MONTHS PRIOR TO REQUESTED DISBURSEMENT DATE

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

AWARDS SHOULD BE TO: NC STATE SUPPORTED SCHOOLS OR TAX EXEMPT AND CHARITABLE ORGANIZATIONS

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
ALLIANCE MEDICIAL MINISTRY 101 DONALD ROSS DRIVE RALEIGH,NC27610	NONE		GENERAL SUPPORT	2,500
AMERICAN RED CROSS 100 N PEARTREE LANE RALEIGH,NC27610	NONE		GENERAL SUPPORT	10,000
BESSEMER CITY HISTORY AND ARTS SOCIETY 607 LONG CREEK RD BESSEMER CITY,NC28016	NONE		GENERAL SUPPORT	5,500
BEST NC 100 SAS CAMPUS DRIVE BUILDING T CARY,NC27610	NONE		GENERAL SUPPORT	2,500
BOYS AND GIRLS CLUB OF COASTAL CAROLINA 3321 BRIDGES STREET MOREHEAD CITY,NC28557	NONE		GENERAL SUPPORT	2,500
BREAKTHROUGH T1D 5510 SIX FORKS ROAD SUITE 107 RALEIGH,NC27609	NONE		GENERAL SUPPORT	5,000
BROADCASTERS FOUNDATION OF AMERICA 125 W 55TH ST 4TH FLOOR NEW YORK,NY10019	NONE		GENERAL SUPPORT	5,000
CAROLINA ALUMNI PO BOX 660 CHAPEL HILL,NC27514	NONE		GENERAL SUPPORT	300
DUKE HEALTH DEVELOPMENT & ALUMNI AFFAIRS 300 W MORGAN ST STE 1200 DURHAM,NC27701	NONE		GENERAL SUPPORT	15,000
DURHAM RESCUE MISSION PO BOX 11658 DURHAM,NC27703	NONE		GENERAL SUPPORT	10,000
EDENTON STREET UNITED METHODIST CHURCH 228 W EDENTON STREET RALEIGH,NC27603	NONE		GENERAL SUPPORT	20,000
FAMILY PROMISE OF WAKE COUNTY 903 METHOD ROAD RALEIGH,NC27606	NONE		GENERAL SUPPORT	2,500
FIRST UNITED METHODIST CHURCH BESSEMER 110 W ALABAMA AVE BESSEMER CITY,NC28106	NONE		GENERAL SUPPORT	30,000
FITCH PEDIATRIC REHAB 123 WEST FRANKLIN STREET SUITE 510 CHAPEL HILL,NC27516	NONE		GENERAL SUPPORT	2,500
FOCUS 603 PARK POINT DRIVE GOLDEN,CO80401	NONE		GENERAL SUPPORT	2,500
FOOD BANK OF CENTRAL & EASTERN NC 3808 TARHEEL DRIVE RALEIGH,NC27609	NONE		GENERAL SUPPORT	5,000
GREEN CHAIR PROJECT 1853 CAPITAL BLVD RALEIGH,NC27604	NONE		GENERAL SUPPORT	5,000
GUILFORD COLLEGE 5800 WEST FRIENDLY AVE GREENSBORO,NC27410	NONE		GENERAL SUPPORT	5,000
HIGHER EDUCATION WORKS FOUNDATION PO BOX 10463 RALEIGH,NC27605	NONE		GENERAL SUPPORT	2,500
INSTITUTE FOR RESPONSIBLE CITIZENSHIP 1227 25TH STREET NW WASHINGTON,DC20037	NONE		GENERAL SUPPORT	15,000
INTER-FAITH FOOD SHUTTLE 1001 BLAIR DRIVE RALEIGH,NC27603	NONE		GENERAL SUPPORT	5,000
JOURNEY MATES PO BOX 97244 RALEIGH,NC27624	NONE		GENERAL SUPPORT	2,500
MEALS ON WHEELS 616 TUCKER STREET RALEIGH,NC27603	NONE		GENERAL SUPPORT	5,000
METHODIST HOME FOR CHILDREN 1703 OBERRY CENTER RD GOLDSBORO,NC27530	NONE		GENERAL SUPPORT	18,000
NC BOTANICAL GARDEN 100 OLD MASON FARM RD CHAPEL HILL,NC27517	NONE		GENERAL SUPPORT	1,000
NC CONFERENCE OF THE UNITED METHODIST CHURCH 700 WATERFIELD RIDGE PLACE GARNER,NC27529	NONE		GENERAL SUPPORT	5,000
NORTH CAROLINA BROADCAST MUSEUM PO BOX 7 WASHINGTON,NC27889	NONE		GENERAL SUPPORT	5,000
NORTH CAROLINIANA SOCIETY WILSON LIBRARY UNC CAMPUS BOX 3930 CHAPEL HILL,NC27599	NONE		GENERAL SUPPORT	1,000
ONE MORE REFUGE 12400 WAKE UNION CHURCH ROAD SUITE 3-201 WAKE FOREST,NC27587	NONE		GENERAL SUPPORT	10,000
PAGE ALUMNI AND FRIENDS ASSOCIATION 201 ALMA PINNIX DRIVE GREENSBORO,NC27405	NONE		GENERAL SUPPORT	1,000
PANCREATIC CANCER ACTION NETWORK 1500 ROSECRANS AVE STE 200 MANHATTAN BEACH,CA90266	NONE		GENERAL SUPPORT	500
PITTSBORO UNITED METHODIST CHURCH 71 WEST ST PITTSBORO,NC27312	NONE		GENERAL SUPPORT	1,000
PREVENT BLINDNESS NC 4011 WESCHASE BLVD SUITE 225 RALEIGH,NC27607	NONE		GENERAL SUPPORT	1,000
RALEIGH RESCUE MISSION 314 E HARGETT STREET RALEIGH,NC27601	NONE		GENERAL SUPPORT	5,000
SAFE CHILD 864 W MORGAN STREET RALEIGH,NC27603	NONE		GENERAL SUPPORT	2,500
SALVATION ARMY 1863 CAPITAL BLVD RALEIGH,NC27604	NONE		GENERAL SUPPORT	5,000
SCOTLAND MEMORIAL FOUNDATION 500 LAUCHWOOD DRIVE LAURINBURG,NC28352	NONE		GENERAL SUPPORT	10,000
SHEPHERD'S TABLE PO BOX 27584 RALEIGH,NC27611	NONE		GENERAL SUPPORT	1,000
SPCA OF WAKE COUNTY 200 PETFINDER LANE RALEIGH,NC27603	NONE		GENERAL SUPPORT	5,000
ST MARK'S UNITED METHODIST CHURCH 4801 SIX FORKS RD RALEIGH,NC27609	NONE		GENERAL SUPPORT	2,500
ST MICHAEL'S EPISCOPAL CHURCH 1520 CANTERBURY RD RALEIGH,NC27608	NONE		GENERAL SUPPORT	1,000
STONE SOUP 380 LAFAYETTE RD SUITE 11-339 SEABROOK,NH03874	NONE		GENERAL SUPPORT	1,000
TAMMY LYNN CENTER 739 CHAPPELL DRIVE RALEIGH,NC27606	NONE		GENERAL SUPPORT	5,000
THE UNIVERSITY OF GEORGIA FOUNDATION 394 SOUTH MILLEDGE AVE ATHENS,GA27516	NONE		GENERAL SUPPORT	5,000
TIS THE SEASON 303 S MAIN STREET LAURINBURG,NC28352	NONE		GENERAL SUPPORT	1,000
TRANSITIONS LIFECARE 250 HOSPICE CIRCLE RALEIGH,NC27607	NONE		GENERAL SUPPORT	5,000
UNC EDUCATIONAL FOUNDATION INC 450 SKIPPER BOWLES DR CHAPEL HILL,NC27514	NONE		GENERAL SUPPORT	75,000
UNC HEALTH FOUNDATION 123 W FRANKLIN ST 510 CHAPEL HILL,NC27516	NONE		GENERAL SUPPORT	15,000
UNC LINEBERGER COMPREHENSIVE CANCER CENTER 450 WEST DR CHAPEL HILL,NC27599	NONE		GENERAL SUPPORT	10,000
UNC WESLEY CAMPUS MINISTRY 201 E ROSEMARY ST CHAPEL HILL,NC27514	NONE		GENERAL SUPPORT	1,000
UNC WOMEN'S LEADERSHIP COUNCIL PO BOX 309 CHAPEL HILL,NC27514	NONE		GENERAL SUPPORT	10,000
UNITED WAY OF THE GREATER TRIANGLE 800 PARK OFFICES DR 204 DURHAM,NC27709	NONE		GENERAL SUPPORT	5,000
URBAN MINISTRIES OF THE GREATER TRIANGLE 840 SEMART DRIVE RALEIGH,NC27611	NONE		GENERAL SUPPORT	5,000
WAKEMED FOUNDATION PO BOX 14465 RALEIGH,NC27620	NONE		GENERAL SUPPORT	6,000
WILLIAM PEACE UNIVERSITY 15 EAST PEACE STREET RALEIGH,NC27604	NONE		GENERAL SUPPORT	5,000
YOUNG LIFE PO BOX 520 COLORADO SPRINGS,CO80901	NONE		GENERAL SUPPORT	2,500
Total ................................. 3a				387,800

bApproved for future payment

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

Form 990-PF (2025)

Page 12

Part XV-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........			14	2
4 Dividends and interest from securities ....			14	414,100
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 .....			01	9,113
8 Gain or (loss) from sales of assets other than inventory ............			18	1,421,683
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		0		1,844,898	0

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

1,844,898

(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:

Schedule B
(Form 990)
(Rev. January 2025)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

Name of the organization

THE CURTIS FOUNDATION

Employer identification number

56-1257146

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... $

Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)

Schedule B (Form 990) (Rev. 2025) Page 2

Name of organization THE CURTIS FOUNDATION

Part I	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
1	DONALD W CURTIS 622 LAKESTONE DRIVE RALEIGH, NC27609	$ 1,072,479	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)

Schedule B (Form 990) (Rev. 1-2025)

Page 3

Name of organization THE CURTIS FOUNDATION		Employer identification number 56-1257146

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
1	NVIDIA CORP 5,780 SHARES	$ 1,072,479
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990) (Rev. 1-2025)

Schedule B (Form 990) (Rev. 1-2025)

Page 4


Name of organization THE CURTIS FOUNDATION			Employer identification number 56-1257146
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990) (Rev. 1-2025)

Additional Data

Software ID:
Software Version:

- TIN:

TY 2025 AccountingFeesSchedule

Name:

THE CURTIS FOUNDATION

EIN:

56-1257146

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING FEES	4,100	2,050		2,050

- TIN:

TY 2025 InvestmentsCorpBondsSchedule

Name:

THE CURTIS FOUNDATION

EIN:

56-1257146

Name of Bond	End of Year Book Value	End of Year Fair Market Value
ABBVIE INC DTD 05/21/20	19,912	27,647
AMAZON.COM INC DTD 06/03/20	39,044	40,557
APPLE INC	38,433	39,859
BANK OF AMERICA CORP MED TERM NOTE	38,475	40,052
CITIGROUP INC DTD 07/24/17	38,997	38,752
COMCAST CORP	38,589	40,112
DEVON ENERGY CORPORATION	40,167	39,824
ENTERPRISE PRODUCTS OPER	24,940	25,649
FED NATL MTG ASSN POOL	56,438	55,585
FED NATL MTG ASSN POOL	89,602	86,672
FED NATL MTG ASSN POOL	64,872	64,735
FED NATL MTG ASSN POOL	30,360	30,488
FED NATL MTG ASSN POOL	42,689	40,568
GOLDMAN SACHS GROUP INC	40,182	39,709
JPMORGAN CHASE & CO	50,331	51,165
MORGAN STANLEY DTD 07/24/17	1,250	1,256
UNITEDHEALTH GROUP INC	39,318	39,637
US TREASURY BOND DTD 02/15/19	48,672	45,672
US TREASURY BOND DTD 02/18/20	76,849	71,513
US TREASURY BOND DTD 05/17/21	84,165	78,145
US TREASURY INFLATION INDEX BOND	25,734	26,042
US TREASURY NOTE DTD 01/31/23	75,753	77,552
US TREASURY NOTE DTD 09/03/24	52,195	51,992
US TREASURY NOTE DTD 09/30/21	52,002	51,799
US TREASURY NOTE DTD 12/31/21	56,530	58,816
VERIZON COMMUNICATIONS DTD 03/22/21	22,573	20,772
US TREASURY NOTE DTD 12/31/21	40,625	42,048

- TIN:

TY 2025 InvestmentsCorpStockSchedule

Name:

THE CURTIS FOUNDATION

EIN:

56-1257146

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ABBVIE INC	37,963	38,791
ACUSHNET HOLDINGS CORP 568 SHS	15,431	45,338
AFFILIATED MANAGERS GROUPFD 120 SHS	1,253	1,114
AFFILIATED MANAGERS GROUPFD 53 SHS	2,279	2,035
AIR PRODS & CHEMS INC COM	4,346	3,705
ALLSTATE CORP 114 SHS	2,569	2,209
ALLSTATE CORP 179 SHS	4,065	3,748
ALLSTATE CORP 211 SHS	5,314	5,551
AMCOR PLC	25,807	21,859
AMERICAN ELECTRIC POWER INC	11,372	14,644
AMERICAN FINANCIAL GROUP 111 SHS	1,209	1,121
AMERICAN FINANCIAL GROUP 118 SHS	2,358	2,108
AMERICAN FINANCIAL GROUP 52 SHS	2,230	1,995
AMGEN INC	21,709	28,149
ARTISAN PARTNERS ASSET MANAGEMENT 536 SHS	15,958	21,837
ASSURANT INC 143 SHS	2,975	2,781
AT&T INC	11,603	10,727
AT&T INC 168 SHS	3,499	3,384
AT&T INC 466 SHS	1,254	1,158
BANCFIRST CORP	24,688	26,505
BANK MONTREAL QUE COM	11,931	17,002
BANK OF AMERICA CORP 167 SHS	3,591	3,083
BANK OF AMERICA CORP 202 SHS	4,259	3,932
BANK OF AMERICA CORP 223 SHS	7,537	7,391
BANK OF AMERICA CORP 229 SHS	8,383	7,818
BANK OF AMERICA CORP 316 SHS	4,160	3,977
BANK OF AMERICA CORP 383 SHS	6,176	5,917
BANK OF AMERICA CORP 95 SHS	2,238	2,089
BERKLEY CORPORATION	4,118	3,551
BERKLEY CORPORATION 181 SHS	6,742	6,377
BERKLEY CORPORATION 299 SHS	1,123	978
BERKLEY CORPORATION 59 SHS	1,737	2,033
CAPITAL ONE FINANCIAL CO 171 SHS	2,745	2,777
CAPITAL ONE FINANCIAL CO 174 SHS	3,289	3,148
CAPITAL ONE FINANCIAL CO 223 SHS	4,436	4,239
CHARLES SCHWAB CORP 218 SHS	3,959	4,085
CHARLES SCHWAB CORP 96 SHS	2,305	2,400
CHEVRON CORP 187 SHS	30,213	29,720
CITIZENS FINANCIAL GROUP 120 SHS	4,199	3,920
CITIZENS FINANCIAL GROUP 205 SHS	3,217	3,250
CMS ENERGY CORP 105 SHS	2,554	2,306
CMS ENERGY CORP 168 SHS	4,197	4,190
COCA COLA CO 233 SHS	8,672	10,277
CONSTELLATION BRANDS INC	40,417	40,626
COPART INC COM	23,434	16,326
COREBRIDGE FINANCIAL INC 215 SHS	5,384	4,999
CORVEL CORP	19,983	30,858
CVS HEALTH CORP	38,543	39,129
DIAGEO PLC - ADR	16,096	10,956
DIGITAL RLTY TR INC	3,511	3,255
DONALDSON CO INC	14,268	24,913
DTE ENERGY CO 149 SHS	2,808	2,558
DTE ENERGY CO 51 SHS	1,205	1,078
DUKE ENERGY CORP	18,586	21,918
EATON VANCE FLOATING-RATE FUND 23,640.662 SHS	450,000	434,634
ELI LILLY & CO COM	78,061	99,945
EMCOR GROUP INC	2,827	29,366
ENBRIDGE INC	31,385	36,112
ENTERGY ARKANSAS LLC 105 SHS	3,106	2,795
ENTERGY LOUISIANA LLC 50 SHS	1,177	1,023
EQUITABLE HOLDINGS INC 170 SHS	4,326	4,019
EXXON MOBIL CORPORATION 101 SHS	28,544	30,446
FIFTH THIRD BANCORP 201 SHS	4,102	3,887
FIRST HAWAIIAN INC 1,044 SHS	27,682	30,512
FIRST HORIZON CORP 63 SHS	1,217	1,108
FTI CONSULTING INC	27,808	46,124
GEORGIA POWER CO 105 SHS	2,619	2,352
GILEAD SCIENCES INC	5,887	11,538
GLOBE LIFE INC 62 SHS	1,182	1,039
GOLDMAN SACHS COMMODITY STRATEGY 37,258.259 SHS	20,163	23,733
GRACO INC	10,595	31,804
HARTFORD FINL SVCS GRP	1,274	1,252
HENRY JACK & ASSOC INC 71 SHS	31,259	40,693
HUNTINGTON BANCSHARES 179 SHS	3,117	3,059
HUNTINGTON BANCSHARES 356 SHS	8,294	9,039
HUNTINGTON BANCSHARES INC 2,244 SHS	8,353	12,006
INTUITIVE SURGICAL INC	25,722	27,185
ISHARES CORE S&P MID-CAP ETF	1,194,718	1,594,560
ISHARES MSCI EMERGING MARKETS ETF	474,401	655,754
JOHNSON & JOHNSON	17,793	23,385
JPMORGAN CHASE & CO 100 SHS	4,560	4,367
JPMORGAN CHASE & CO 153 SHS	6,640	6,092
JPMORGAN CHASE & CO 163 SHS	1,532	1,414
JPMORGAN CHASE & CO 239 SHS	3,477	3,299
JPMORGAN CHASE & CO 72 SHS	2,336	2,318
JPMORGAN CHASE & CO 93 SHS	1,889	1,860
KADANT INC	24,177	30,212
KEYCORP 197 SHS	1,061	1,106
KEYCORP 248 SHS	5,424	6,145
KEYCORP 52 SHS	4,184	5,000
KIMCO REALTY CORP 48 SHS	1,162	1,050
KIMCO REALTY CORP 52 SHS	2,743	2,540
LANDSTAR SYS INC	43,181	36,212
LCI INDUSTRIES 162 SHS	22,955	19,657
LUKOIL PJSC 219 SHS	17,720	0
M&T BANK CORPORATION 120 SHS	2,901	3,029
M&T BANK CORPORATION 123 SHS	1,673	1,719
MANHATTAN ASSOCIATES INC	4,969	18,024
METLIFE INC 365 SHS	8,056	7,201
MICROSOFT CORP	146,223	135,897
MOELIS & CO	18,870	36,295
MORGAN STANLEY	25,264	25,822
MORGAN STANLEY 100 SHS	1,729	1,641
MORGAN STANLEY 119 SHS	5,635	5,606
MORGAN STANLEY 171 SHS	8,433	7,638
MORGAN STANLEY 288 SHS	1,259	1,145
MORGAN STANLEY 56 SHS	5,003	4,953
MORGAN STANLEY 56 SHS	1,442	1,426
MORGAN STANLEY 85 SHS	3,066	3,109
MSCI INC	10,410	10,327
NATIONAL GRID PLC	31,485	37,437
NETFLIX INC 177 SHS	63,535	53,256
NEXTERA ENERGY CAPITAL 321 SHS	8,318	7,643
NORTHERN TRUST CORP 184 SHS	4,144	3,573
NVIDIA CORP	96,949	1,077,970
OAKMARK INTERNATIONAL FUND	800,726	1,184,998
PAYCHEX INC	19,901	18,622
PEPSICO INC	28,745	25,977
PFIZER INC	41,628	31,598
PHILIP MORRIS INTERNATIONAL 193 SHS	18,113	24,541
PNC FINANCIAL SERVICES GROUP	26,545	35,275
PPL CORPORATION	11,125	14,148
PRIMERICA INC	14,057	57,356
PRINCIPAL FUNDS INC - CAPITAL 27954.710 SHS	227,989	259,349
PROLOGIS, INC.	30,192	32,936
PRUDENTIAL FINANCIAL INC 115 SHS	3,394	3,263
PRUDENTIAL FINANCIAL INC 117 SHS	2,400	2,018
PRUDENTIAL FINANCIAL INC 137 SHS	2,910	2,841
PUBLIC STORAGE	2,561	2,189
PUBLIC STORAGE 106 SHS	3,493	3,118
PUBLIC STORAGE 111 SHS	2,441	2,075
PUBLIC STORAGE 118 SHS	3,228	3,147
PUBLIC STORAGE 128 SHS	2,831	2,461
PUBLIC STORAGE 130 SHS	3,574	3,154
PUBLIC STORAGE 133 SHS	2,477	2,143
PUBLIC STORAGE 56 SHS	2,829	2,379
RBC BEARINGS INC	7,700	40,359
REALTY INCOME CORP COM	23,550	23,112
REGIONS FINANCIAL CORP 122 SHS	2,224	2,105
REGIONS FINANCIAL CORP 197 SHS	1,128	1,221
REGIONS FINANCIAL CORP 52 SHS	4,933	5,006
REINSURANCE GRP OF AMER 109 SHS	2,426	2,250
RIGHTMOVE PLC	19,988	24,463
RLI CORP COM	28,995	35,381
ROSS STORES INC 389 SHS	3,028	3,603
SANOFI-AVENTIS	30,095	29,754
SERVICENOW INC	36,024	29,106
SIMPSON MFG INC	27,356	56,676
SOUTHERN CO	1,512	1,318
SOUTHERN CO	4,662	4,493
SOUTHERN CO 61 SHS	1,546	1,575
STATE STREET CORP	2,309	2,155
STATE STREET CORP 96 SHS	450,194	475,882
STIFEL FINANCIAL CORP 196 SHS	3,501	3,352
STIFEL FINANCIAL CORP 50 SHS	1,061	1,024
STIFEL FINANCIAL CORP 50 SHS	1,198	1,163
TC ENERGY CORP	16,191	23,159
TORO CO	44,821	49,515
TOTALENERGIES SE	31,700	38,729
TRUIST FINANCIAL CORP	7,197	6,797
TRUIST FINANCIAL CORP 354 SHS	4,165	3,987
TRUIST FINANCIAL CORPORATION	27,327	29,575
UFP INDUSTRIES INC	31,033	28,408
US BANCORP	2,958	2,570
US BANCORP	3,562	3,158
US BANCORP 144 SHS	5,954	5,196
US BANCORP 144 SHS	6,759	5,720
US BANCORP 206 SHS	3,490	3,240
US BANCORP 315 SHS	29,843	36,498
VANGUARD 500 INDEX FUND	1,658,036	3,390,115
VERIZON COMMUNICATIONS	36,917	38,354
VERTEX PHARMACEUTICALS INC COM	29,288	25,842
VISA INC CLASS A	39,799	40,332
VOYA FINANCIAL INC 54 SHS	1,268	1,335
WALT DISNEY CO	34,263	34,359
WATTS WATER TECHNOLOGIES INC	21,636	53,548
WEBSTER FINANCIAL CORP 50 SHS	898	955
WEC ENERGY GROUP INC	8,905	10,862
WESTERN ASSET SMASH SERIES FUND	438,351	430,669
WESTERN ASSET SMASH SERIES FUND	343,551	343,192
WESTERN ASSET SMASH SERIES FUND	494,784	497,342
XCEL ENERGY INC	3,323	3,320
BANK OF NY MELLON CORP	9,510	9,644
CITIZENS FINANCIAL GROUP 120 SHS	3,020	3,162
CMS ENERGY CORP 105 SHS	3,990	3,889
DTE ENERGY CO 149 SHS	3,296	3,261
EQUITABLE HOLDINGS INC 170 SHS	1,628	1,596
M&T BANK CORPORATION 120 SHS	3,013	3,186
NATIONAL RURAL UTIL COOP	1,610	1,562
NEXTERA ENERGY CAPITAL 321 SHS	3,125	3,165
REINSURANCE GRP OF AMER 109 SHS	2,871	2,773
UMB FINANCIAL CORP	3,157	3,375
AMAZON.COM INC DTD 06/03/20	161,976	171,268
DOMINOS PIZZA	7,939	7,920
FLOOR & DECOR HOLDINGS	6,116	4,628
HILTON WORLDWIDE HOLDINGS	21,684	24,991
HILTON WORLDWIDE HOLDINGS	20,368	21,257
HYATT HOTELS CORP	5,941	6,413
INSTALLED BUILDING PRODUCTS	36,618	37,612
LENNAR CORPORATION	9,599	7,504
LIBERTY MEDIA CORP	6,641	6,896
LIBERTY MEDIA CORP	3,540	3,575
LIVE NATION ENTERTAINMENT	18,130	18,240
O'REILLY AUTOMOTIVE INC	19,989	20,978
O'REILLY AUTOMOTIVE INC	23,191	20,887
TESLA INC	84,106	86,346
ALTRIA GROUP INC	11,904	10,379
COSTCO WHOLESALE	35,022	31,907
KIMBERLY CLARK CORP	20,565	15,537
WALMART INC	37,999	39,439
ARES MANAGEMENT CORP	7,808	7,435
BROWN & BROWN	18,089	14,745
CBRE GROUP	15,821	18,169
CME GROUP	20,493	21,027
COSTAR GROUP	12,681	11,633
GALLAGHER ARTHUR J & CO	7,517	6,729
KKR & CO	21,537	19,887
KKR & CO	7,656	7,904
LPL FINANCIAL HOLDINGS	8,526	8,572
MARKEL GROUP INC	12,463	15,048
MASTERCARD INC	48,020	47,954
MOODYS CORP	3,285	3,576
RYAN SPECIALTY HOLDINGS	3,195	2,685
TOAST INC	2,561	2,379
TOAST INC	12,789	11,860
BOSTON SCIENTIFIC CORP	16,482	15,542
EDWARDS LIFESCIENCES	22,394	24,893
IDEXX CORP	5,410	7,442
MERCK & CO	9,618	9,684
MERCK & CO	6,906	6,947
VEEVA SYSTEMS	11,350	10,715
WATERS CORP	4,487	4,558
AMETEK INC	3,999	4,517
AXON ENTERPRISE	19,584	16,470
BOEING CO	41,184	41,470
FASTENAL CO	5,644	5,859
GENERAL ELECTRIC CO	40,574	41,892
GRACO INC	2,000	1,967
HEICO CORP CL	21,072	26,758
K FORCE	11,125	5,566
TRANSDIGM GROUP INC	25,840	26,597
UBER TECHNOLOGIES	10,308	9,152
VERALTO CORP	927	898
VERISK ANALYTICS	2,893	2,461
ADVANCED MICRO DEVICES INC	37,899	35,551
ALPHABET INC CL C	128,491	159,097
AMPHENOL CORP CL A	24,694	25,406
APPFOLIO INC	3,549	3,490
APPLE INC	123,644	130,493
APPLOVIN CORP	33,630	39,082
BROADCOM INC	120,907	122,866
CADENCE DESIGN SYSTEMS	40,060	37,822
CCC INTELLIGENT SOLUTIONS	5,123	3,975
CROWDSTRIKE HOLDINGS	35,546	33,282
DATADOG INC	20,829	18,359
ENTEGRIS INC	7,263	6,403
FAIR ISSAC	13,845	11,834
META PLATFORMS	101,128	91,092
NVIDIA CORP	217,924	226,225
ORACLE CORPORATION	39,644	28,652
PROCORE TECHNOLOGIES	3,277	3,201
ROPER TECHNOLOGIES	11,272	9,793
SNOWFLAKE INC	40,515	37,072
TEXAS INSTRUMENTS	9,363	10,062
TEXAS INSTRUMENTS	14,650	14,573
TYLER TECHNOLOGIES	9,902	8,171
EAGLE MATLS INC	1,774	1,653
HAWKINS INC	10,322	9,234
MARTIN MARIETTA MATLS INC	14,572	16,189
PERIMETER SOLUTIONS INC	2,323	4,102
VULCAN MATERIALS COMPANY	22,231	23,103
FIRSTENERGY CORP	22,682	24,355
SOUTHERN CO	6,157	8,197
XCEL ENERGY INC	20,118	26,294
ADIDAS AG	11,534	10,379
ARCH CAPITAL GROUP 5.450%	4,839	5,084
BRITISH AMERICAN TOBACCO	25,544	33,293
BROOKFIELD ASSET MANAGEMENT	4,581	4,453
BROOKFIELD CORP	20,697	24,413
BROOKFIELD INFRASTRUCTURE CORP	13,934	15,345
BROOKFIELD RENEWABLE CORP	4,385	5,598
GSK PLC	15,481	21,136
INDUTRIA DE DISENO TEXTIL	12,877	15,015
MAGNUM ICE CREAM	0	13
SHOPIFY INC	32,876	32,677
SPOTIFY TECHNOLOGY	34,226	30,778
TAIWAN SEMICONDUCTOR	36,646	38,594
UNILVER PLC	15,249	14,679
WASTE CONNECTIONS	4,385	4,384
WIX.COM	2,601	1,351
LIBERTY LIVE HOLDINGS	2,369	2,245
FEDERAL REALTY INVESTMENT	1,637	1,548
PUBLIC STORAGE	1,352	1,203
GOLDMAN SACHS COMMODITY STRATEGY 37,258.259 SHS	425,000	309,989

- TIN:

TY 2025 InvestmentsOtherSchedule2

Name:

THE CURTIS FOUNDATION

EIN:

56-1257146

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
ARCH CAPITAL GROUP LTD 187 SHS	AT COST	4,645	4,275
RENAISSANCERE HOLDINGS 102 SHS	AT COST	4,283	4,040
ARCH CAPITAL GROUP 5.450%	AT COST	3,634	3,182
TRANSCANADA PIPELINES	AT COST	1,673	1,644

- TIN:

TY 2025 OtherAssetsSchedule

Name:

THE CURTIS FOUNDATION

EIN:

56-1257146

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
TRANSISTOR RADIOS	0	25,000	25,000

- TIN:

TY 2025 OtherDecreasesSchedule

Name:

THE CURTIS FOUNDATION

EIN:

56-1257146

Description	Amount
UNREALIZED GAIN/LOSS	975,530

- TIN:

TY 2025 OtherExpensesSchedule

Name:

THE CURTIS FOUNDATION

EIN:

56-1257146

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
MEMBERSHIP FEES AND CAMPAIGNS	32,355	0		32,355
INVESTMENT FEES	86,667	86,667		0

- TIN:

TY 2025 OtherIncomeSchedule2

Name:

THE CURTIS FOUNDATION

EIN:

56-1257146

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
OTHER INCOME	9,113	9,113	9,113

- TIN:

TY 2025 SubstantialContributorsSch

Name:

THE CURTIS FOUNDATION

EIN:

56-1257146

Name	Address
CURTIS MEDIA GROUP	3012 HIGHWOODS BLVD STE 200 RALEIGH,NC27604

- TIN:

TY 2025 TaxesSchedule

Name:

THE CURTIS FOUNDATION

EIN:

56-1257146

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FEDERAL TAXES	5,379	0		0
FOREIGN TAXES	2,337	2,337		0