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
Arnold Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address) 8525 Dunsmere Dr
  Room/suite
City or town
Austin
State or province
TX
Country  
ZIP or foreign postal code
787493437
A Employer identification number

74-2295878
B Telephone number (see instructions)

5127513131
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)$9,008,430J 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 9,775 9,775  
4 Dividends and interest from securities... 125,714 125,714  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 424,242
b Gross sales price for all assets on line 6a 1,205,243
7 Capital gain net income (from Part IV, line 2)... 424,242
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 559,731 559,731  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
1,880 1,880    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
282 282    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,162 2,162   0
25 Contributions, gifts, grants paid....... 396,000 396,000
26 Total expenses and disbursements. Add lines 24 and 25 ................ 398,162 2,162   396,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 161,569
b Net investment income (if negative, enter -0-) 557,569
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 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............. 29,967 64,696 64,696
2 Savings and temporary cash investments.........      
3 Accounts receivable  
Less: allowance for doubtful accounts        
4 Pledges receivable  
Less: allowance for doubtful accounts        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule)  
Less: allowance for doubtful accounts        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 2,750,389 Click to see attachment
List of Attached Documents:
// Content
2,545,135 		8,943,734
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
15 Other assets (describe )      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,780,356 2,609,831 9,008,430
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........... 2,780,356 2,609,831
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........    
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)..... 2,780,356 2,609,831
30 Total liabilities and net assets/fund balances (see instructions). 2,780,356 2,609,831
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
2,780,356
2
Enter amount from Part I, line 27a .....................
2
161,569
3
Other increases not included in line 2 (itemize)
3
 
4
Add lines 1, 2, and 3 ..........................
4
2,941,925
5
Decreases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
5
332,094
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
2,609,831
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 417.925 shs AMCPX P   2025-03-07
b 200,000.000 shs GOLDMAN SACHS BANK USA P 2025-03-11 2025-09-18
c 200,000.000 shs INVESTAR BANK NA BATON ROUGE, LA P 2025-03-10 2025-09-19
d 5,167.386 shs AMCPX P   2025-03-07
e 262.617 shs AEPGX P 1994-02-07 2025-02-25
2,949.956 shs AEPGX P   2025-03-07
194.378 shs SGENX P 2004-10-21 2025-07-14
(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 17,377   18,343 -966
b 200,000   200,000  
c 200,000   200,000  
d 214,855   219,301 -4,446
e 15,000   6,007 8,993
170,000   130,214 39,786
15,000   7,136 7,864
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       -966
b        
c        
d       -4,446
e       8,993
      39,786
      7,864
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 2 424,242
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 7,750
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 7,750
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 7,750
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 5,870
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 1,921
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. Part VI Line 7 - Tax Paid with the Original Return: 7791 7 7,791
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 41
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed....... 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10  
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)
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)
TX
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
 
 
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 addressN/A
14
The books are in care ofPatrice J Arnold Telephone no. (512) 472-8000

Located at8525 Dunsmere DriveAustinTX ZIP+4787493437
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)
 
No
(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
 
 
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
Patrice J ArnoldClick to see attachment
List of Attached Documents:
// Content
President/Director
001.00 		0    
8525 Dunsmere Drive
Austin,TX787493437
Julie ArnoldClick to see attachment
List of Attached Documents:
// Content
VP/Sec/Tr/Director
001.00 		0    
8525 Dunsmere Drive
Austin,TX787493437
Katie ArnoldClick to see attachment
List of Attached Documents:
// Content
Director
001.00 		0    
8525 Dunsmere Drive
Austin,TX787493437
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................  
Form 990-PF (2025)
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 N/A 0
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1 N/A  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................  
Form 990-PF (2025)
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
8,677,104
b
Average of monthly cash balances.......................
1b
89,255
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
8,766,359
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
 
3
Subtract line 2 from line 1d.........................
3
8,766,359
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
131,495
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
8,634,864
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
431,743
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
431,743
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
7,750
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
7,750
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
423,993
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
423,993
6
Deduction from distributable amount (see instructions) .................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
423,993
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) Click to see attachment
List of Attached Documents:
// Content
..........
1a
396,000
b
Program-related investments—total from Part VIII-B..................
1b
 
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
396,000
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 7 423,993
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 50,130
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2025:
a From 2020......  
b From 2021......  
c From 2022......  
d From 2023......  
e From 2024......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2025 from Part
XI, line 4: $ 396,000
a Applied to 2024, but not more than line 2a 50,130
b Applied to undistributed income of prior years
(Election required—see instructions) ..... 		 
c Treated as distributions out of corpus (Election
required—see instructions) ........ 		 
d Applied to 2025 distributable amount..... 345,870
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2025.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2024. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2025. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2026 .......... 		78,123
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2020 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		 
10 Analysis of line 9:
a Excess from 2021 ....  
b Excess from 2022 ....  
c Excess from 2023 ....  
d Excess from 2024 ....  
e Excess from 2025 ....  
Form 990-PF (2025)
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).)
Patrice J Arnold
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

AGE OF CENTRAL TEXAS

3710 Cedar St
Austin,TX78705 		    Support for the elderly 2,500

ANDERSON MD HOSPITAL

P O Box 4486
Houston,TX772104486 		    Medical Research 1,500

ANY BABY CAN

6207 Sheridan Ave
Austin,TX78723 		    Support for children 7,500

AUSTIN CLASSICAL GUITAR

PO Box 4072
Austin,TX78765 		    Arts education for children 10,000

AUSTIN PETS ALIVE

1156 W Cesar Chavez St
Austin,TX78703 		    Animal support 3,000

AUSTIN SMILES

9415 Burnet Rd Ste 207
Austin,TX78758 		    Dental support 3,000

BOOKSPRING (fka RIF)

2006 Greenbrook Pkwy
Austin,TX78723 		    Reading support 6,500

BOYS AND GIRLS CLUB

6648 Ed Bluestein Blvd
Austin,TX78723 		    Support for children 6,500

BRIGHTFOCUS FOUNDATION

22512 Gateway Center Dr
Clarksburg,MD20871 		    Medical research 1,000

CAPITOL SCHOOL OF AUSTIN

2011 W Koenig Lane
Austin,TX78756 		    Schooling for children 1,000

CARE

PO Box 1870
Merrifield,VA221168070 		    Care for children, elderly and pets 7,500

CARITAS

P O Box 1947
Austin,TX787671947 		    Support for the poor 5,000

CASA OF CENTRAL TEXAS

8303 N Mopac Expwy A100
Austin,TX78759 		    Support for children 1,500

CENTER FOR REPRODUCTIVE RIGHTS

199 Water Street 22nd Floor
New York,NY10038 		    Support for women 2,500

CENTRAL TEXAS FOOD BANK

6500 Metropolis Drive
Austin,TX78744 		    Hunger Aid 35,000

CHILDREN'S MEDICAL CENTER FOUND

4900 Mueller Blvd
Austin,TX78723 		    Support for children 2,500

CHRISTI CENTER (fka FOR THE LOVE OF CHRISTI)

2306 Hancock Drive
Austin,TX78756 		    Grief support 2,000

CLEAN AIR TASK FORCE

114 State Street 6th Floor
Boston,MA02109 		    Environmental Advocacy 500

COMMUNITIES IN SCHOOL

3000 S IH-35 Suite 200
Austin,TX78704 		    Support for schools 35,000

DISABLED AMERICAN VETS

P O Box 14301
Cincinnati,OH452500301 		    Veterans support 1,000

DOCTORS WITHOUT BORDERS

PO Box 5030
Hagerstown,MD217415030 		    Medical support 10,000

DOWN HOME RANCH

20250 FM 619
Elgin,TX78621 		    Downs Syndrome Aid 2,500

EARTHWORKS

1612 K Street NM Suite 904
Washington,DC20006 		    Environmental Advocacy 1,000

EASTER SEALS-AUSTIN

8505 Cross Park Dr 120
Austin,TX78754 		    Support for disabled 1,500

FAMILY ELDERCARE

1700 Rutherford Ln
Austin,TX78754 		    Support for the elderly 5,000

FOUNDATION COMMUNITIES

3000 S IH 35 Ste 300
Austin,TX78704 		    Homeless support 35,000

GOODWILL INDUSTRIES

1015 Norwood Park Blvd
Austin,TX78753 		    Work for disabled 3,500

HABITAT FOR HUMANITY(AUS)

500 W Ben White Blvd
Austin,TX78704 		    Housing for the poor 1,500

HELPING HAND HOME

3804 Avenue B
Austin,TX78751 		    Support for children 5,000

HOSPICE AUSTIN

4107 Spicewood Springs Rd Suite 100
Austin,TX787598645 		    Hospice services 1,000

KEEP AUSTIN BEAUTIFUL

2200 E MLK Blvd Suite 200
Austin,TX78702 		    Environmental Advocacy 1,000

LEAGUE OF WOMEN VOTERS OF TEXAS

1212 Guadalupe St 107
Austin,TX78701 		    Voter Rights Advocacy 2,500

LIFEWORKS

3700 S 1st Street
Austin,TX78704 		    Youth support 3,000

MEALS ON WHEELS

3227 E 5th St
Austin,TX78702 		    Feeding disabled 5,000

MICHAEL J FOX FOUNDATION

P O Box 5014
Hagerstown,MD217415014 		    Medical research 12,500

MOBILE LOAVES AND FISHES

9301 Hog Eye Rd Ste 950
Austin,TX78724 		    Feeding the homeless 2,500

PARTNERSHIPS FOR CHILDREN

PO Box 204444
Austin,TX78720 		    Support for children 1,500

PEOPLE'S COMMUNITY CLINIC

1101 Camino La Costa
Austin,TX787529918 		    Medical services for poor 2,500

PETS FOR VETS

PO Box 10860
Wilmington,NC28404 		    Animal support 500

PLANNED PARENTHOOD

7424 Greenville Avenue Suite 206
Dallas,TX75231 		    Medical services 3,000

PROJECT HOPE

PO Box 5029
Hagerstown,MD217415029 		    Assist with mental health issues 10,000

RAICES

1305 N Flores St
San Antonio,TX78212 		    Support for Immigrant Families Children 2,000

RAIN FOREST TRUST

PO Box 841
Warrenton,VA20187 		    Environmental Advocacy 500

SAFE ALLIANCE

P O Box 19454
Austin,TX78760 		    Domestic violence and abuse support 25,000

SALVATION ARMY

PO Box 1000
Austin,TX78767 		    Support for the homeless 7,500

SEASON FOR CARING (AAS)

4315 Guadalupe St Ste 300
Austin,TX78751 		    Support for poor families 1,000

SETTLEMENT HOME

1600 Payton Gin Road
Austin,TX78758 		    Housing for homeless children 7,000

TEXAS CIVIL RIGHTS PROJECT

1405 Montopolis Drive
Austin,TX78741 		    Support for Minorities 5,000

TEXAS TRIBUNE

919 Congress AvenueSixth Floor
Austin,TX78701 		    Public Service Journalism 750

THERAPY PET PALS OF TEXAS

3930 Bee Cave Road Suite C
Austin,TX78746 		    Animal care 1,500

TRAVIS ASSOC FOR BLIND

P O Box 3297
Austin,TX787643297 		    Assistance to the blind 1,500

UMCOR

P O Box 9068
New York,NY100879068 		    Alleviate human suffering 7,500

VOL HEALTHCARE CLINIC

4215 Medical Parkway
Austin,TX78756 		    Medical services 30,000

WATER TO THRIVE

PO Box 26747
Austin,TX78755 		    Provide clean water 1,000

Better ATX

4901 Burnet Rd
Austin,TX78756 		    Support for poor families 25,000

Bob Woodruff Foundation

4628 Vernon Boulevard 531
Long Island City,NY11101 		    Veterans support 2,500

Brown Santa

PO Box 207
Austin,TX78767 		    Support for children 250

Canine Companions

PO Box 446
Santa Rosa,CA95402 		    Animal support 500

Capital Area Parkinson's

PO Box 27565
Austin,TX78755 		    Medical Research 2,500

Community Foundation TX Hill Country

241 Earl Garrett Street
Kerrville,TX78028 		    Disaster Relief 10,000

Conservation International

2011 Crystal Dr Suite 600
Arlington,VA22202 		    Environmental Advocacy 500

Crohn's & Colitis Foundation

733 Third Avenue Ste 510
New York,NY10017 		    Medical Research 1,000

Direct Relief

6100 Wallace Becknell Rd
Santa Barbara,CA93117 		    Medical services 5,000

Firefly Fund

PO Box 92616
Austin,TX78709 		    Medical Research 500

HUMANE SOCIETY (AUSTIN)

124 W Anderson Lane
Austin,TX78752 		    Animal shelter 2,500

Independent Identity

7801 N Lamar Blvd B168
Austin,TX78746 		    Support for children 5,000

Manos de Cristo

4911 Harmon Ave
Austin,TX78752 		    Medical services 2,500

Operation Blue Santa

PO Box 689001
Austin,TX78768 		    Support for children 250

Texas Parks & Wildlife

2914 Swiss Ave
Dallas,TX75204 		    Environmental Advocacy 500

Wildflower Center

4801 LaCrosse Ave
Austin,TX78739 		    Environmental Advocacy 250

Women's Microfinance Initiative

PO Box 485
Cabin John,MD20818 		    Support for women 2,500

TreeFolks

PO Box 1395
Del Valle,TX78617 		    Support for the environment -500
Total ................................. 3a 396,000
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 ........... 		    14 9,775  
4 Dividends and interest from securities ....     14 125,714  
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 ............ 		    18 424,242  
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) ..   559,731  
13Total. Add line 12, columns (b), (d), and (e)..................
13
559,731
(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.)
3 EARNINGS HELP PROVIDE FUNDS AVAILABLE FOR CHARITABLE GIFTS
4 EARNINGS HELP PROVIDE FUNDS AVAILABLE FOR CHARITABLE GIFTS
8 GAINS HELP PROVIDE FUNDS FOR CHARITABLE GIFTS
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: 25022248
Software Version: 25.0.1.0
Part V Line 7 - Tax Paid with the Original Return: 7,791


Form 990PF - Special Condition Description:
Special Condition Description

TY 2025 InvestmentsCorpStockSchedule
Name:
Arnold Foundation
EIN:
74-2295878
Software ID:
25022248
Software Version:
25.0.1.0
Name of Stock End of Year Book Value End of Year Fair Market Value
Raymond James Capital Access Account 2,545,135 8,943,734

TY 2025 OtherDecreasesSchedule
Name:
Arnold Foundation
EIN:
74-2295878
Software ID:
25022248
Software Version:
25.0.1.0
Description Amount
Federal income tax - amount due with 2024 Form 990-PF 3,527
Federal income tax - 2025 estimated tax payments 5,870
Adjustment in basis of assets 322,697


TY 2025 OtherProfessionalFeesSchedule
Name:
Arnold Foundation
EIN:
74-2295878
Software ID:
25022248
Software Version:
25.0.1.0
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Tax and accounting services 1,880 1,880    


TY 2025 SubstantialContributorsSch
Name:
Arnold Foundation
EIN:
74-2295878
Software ID:
25022248
Software Version:
25.0.1.0
Name Address
Patrice J Arnold 8525 Dunsmere Dr
Austin,TX787493437


TY 2025 TaxesSchedule
Name:
Arnold Foundation
EIN:
74-2295878
Software ID:
25022248
Software Version:
25.0.1.0
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Foreign Tax Paid per RJ Form 1099 282 282