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
ARTHUR L BUD JOHNSON IN MEMORY OF
ELAINE V JOHNSON FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address) 3570 EVONVALE OVERLOOK
  Room/suite
City or town
CUMMING
State or province
GA
Country  
ZIP or foreign postal code
30041
A Employer identification number

36-3739494
B Telephone number (see instructions)

3109038634
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)$35,579,216J 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 399 399  
4 Dividends and interest from securities... 475,920 475,920  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,893,296
b Gross sales price for all assets on line 6a 2,741,375
7 Capital gain net income (from Part IV, line 2)... 1,893,296
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)....... Click to see attachment
List of Attached Documents:
// Content
33,514 33,514  
12 Total. Add lines 1 through 11........ 2,403,129 2,403,129  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 255,000     255,000
14 Other employee salaries and wages...... 10,600     10,600
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
5,600     5,600
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
124,738 124,738    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
12,517 12,517    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 13,060     13,060
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
38,715     25,026
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 460,230 137,255   309,286
25 Contributions, gifts, grants paid....... 1,486,807 1,486,807
26 Total expenses and disbursements. Add lines 24 and 25 ................ 1,947,037 137,255   1,796,093
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 456,092
b Net investment income (if negative, enter -0-) 2,265,874
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.............      
2 Savings and temporary cash investments......... 1,689,555 1,088,025 1,088,025
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)   Click to see attachment
List of Attached Documents:
// Content
1,295,278 		1,298,171
b Investments—corporate stock (attach schedule)....... 7,781,000 Click to see attachment
List of Attached Documents:
// Content
7,543,344 		32,538,272
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).......... 258,945 Click to see attachment
List of Attached Documents:
// Content
258,945 		654,748
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) 9,729,500 10,185,592 35,579,216
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe )    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 9,729,500 10,185,592
29 Total net assets or fund balances (see instructions)..... 9,729,500 10,185,592
30 Total liabilities and net assets/fund balances (see instructions). 9,729,500 10,185,592
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
9,729,500
2
Enter amount from Part I, line 27a .....................
2
456,092
3
Other increases not included in line 2 (itemize)
3
 
4
Add lines 1, 2, and 3 ..........................
4
10,185,592
5
Decreases not included in line 2 (itemize)
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
10,185,592
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 1420 SH FISERV INC P 2025-07-25 2025-10-31
b 540 SH RTX CORP P 2001-05-16 2025-12-23
c 785 SH FISERV INC P 2025-10-07 2025-10-31
d 1605 SH STARBUCKS CORP P 2007-05-15 2025-07-24
e 229 CISCO SYS INC P   2025-07-24
2590 SH STARBUCKS CORP P 2007-05-15 2025-10-07
695 SH FISERV P   2025-10-31
1195 SH STARBUCKS CORP P   2025-12-23
1020 SH T ROWE PRICE GROUP P   2025-10-07
515 SH THERMO FISHER SCIENTIFIC P 2003-04-28 2025-12-02
55 SH RTX CORP P 2022-02-23 2025-10-07
.84 SH SYNOPSYS INC P 2025-07-18 2025-07-18
1885 SH ADVANCED MICRO DEVICES P 1999-07-07 2025-10-06
179 SH ANSYS INC P 2022-12-23 2025-07-18
425 SH ANALOG DEVICES P 2008-02-25 2025-10-07
1590 SH INFORMATICA INC P 2022-12-23 2025-11-19
364 SH ANALOG DEVICES P 2008-02-25 2025-12-23
645 SH BOEING CO P   2025-07-24
485 SH BOEING CO P 2002-08-02 2025-10-07
1236 SH CISCO SYSTEMS INC P 1999-07-07 2025-07-24
215 SH COSTCO WHSL CORP P 2001-09-21 2025-07-24
390 SH MICROSOFT CORP P 2000-05-15 2025-07-24
535 SH RTX CORP P 2001-05-16 2025-10-07
(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 94,936   200,164 -105,228
b 100,451   6,615 93,836
c 52,482   99,981 -47,499
d 150,292   23,262 127,030
e 15,667   11,939 3,728
211,214   37,538 173,676
46,465   74,906 -28,441
100,283   16,435 83,848
107,943   125,771 -17,828
299,524   9,182 290,342
9,322   5,098 4,224
496   481 15
400,280   31,861 368,419
70,537   42,499 28,038
100,087   11,901 88,186
39,750   25,186 14,564
100,448   10,193 90,255
150,620   28,909 121,711
107,243   19,415 87,828
84,561   40,380 44,181
201,885   6,447 195,438
199,586   13,363 186,223
90,680   6,553 84,127
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       -105,228
b       93,836
c       -47,499
d       127,030
e       3,728
      173,676
      -28,441
      83,848
      -17,828
      290,342
      4,224
      15
      368,419
      28,038
      88,186
      14,564
      90,255
      121,711
      87,828
      44,181
      195,438
      186,223
      84,127
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 1,893,296
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 -152,712
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 31,496
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 31,496
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 31,496
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 24,699
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 8,000
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 32,699
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  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed....... 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10 1,203
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax1,203 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)
IL, AZ
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2025 or the taxable year beginning in 2025? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressWWW.ALJFOUNDATION.ORG
14
The books are in care ofRYAN HOLMES Telephone no. (310) 903-8634

Located at3570 EVONVALE OVERLOOKCUMMINGGA ZIP+430041
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
 
 
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
SALLY MODE TRUSTEE
10.00 		66,600 0 0
815 DORR AVE
RHINELANDER,WI54501
DAVID HAMMERSLAG TRUSTEE
10.00 		70,800 0 0
21724 E ROUNDUP WAY
QUEEN CREEK,AZ85142
RYAN HOLMES TRUSTEE
15.00 		58,800 0 0
3570 EVONVALE OVERLOOK
CUMMING,GA30041
BEN HAMMERSLAG TRUSTEE
15.00 		58,800 0 0
1044 KAVENAUGH LN
LEXINGTON,KY40509
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  
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
31,370,310
b
Average of monthly cash balances.......................
1b
1,730,134
c
Fair market value of all other assets (see instructions)................
1c
354,395
d
Total (add lines 1a, 1b, and 1c).......................
1d
33,454,839
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
33,454,839
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
501,823
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
32,953,016
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
1,647,651
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
1,647,651
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
31,496
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
31,496
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,616,155
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
1,616,155
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
1,616,155
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, line 26, column (d) ..........
1a
1,796,093
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
1,796,093
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 1,616,155
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2025:
a From 2020......  
b From 2021......  
c From 2022......  
d From 2023...... 1,408
e From 2024......  
f Total of lines 3a through e ........ 1,408
4Qualifying distributions for 2025 from Part
XI, line 4: $ 1,796,093
a Applied to 2024, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions) ..... 		 
c Treated as distributions out of corpus (Election
required—see instructions) ........ 		 
d Applied to 2025 distributable amount..... 1,616,155
e Remaining amount distributed out of corpus 179,938
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 5 181,346
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2024. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2025. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2026 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2020 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		181,346
10 Analysis of line 9:
a Excess from 2021 ....  
b Excess from 2022 ....  
c Excess from 2023 .... 1,408
d Excess from 2024 ....  
e Excess from 2025 .... 179,938
Form 990-PF (2025)
Form 990-PF (2025)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2025, enter the date of the ruling ......
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2025 (b) 2024 (c) 2023 (d) 2022
         
b 85% (0.85) of line 2a .......          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, 3b, or 3c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, 2b, 2c, and 2d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
RYAN HOLMES
3570 EVONVALE OVERLOOK
CUMMING,GA30041
(310) 903-8634
bThe form in which applications should be submitted and information and materials they should include:
FOR FORMS SEE WWW.ALJFOUNDATION.ORG
cAny submission deadlines:
GRANT APPLICATIONS MUST BE RECEIVED ON OR BEFORE AUGUST 1.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
ORGANIZATION MUST: 1) FACILITATE PROVIDING THE HANDICAPPED WITH ANIMALS THAT ASSIST WITH DAILY LIVING OR 2) CONTRIBUTE TO OR FACILITATE NATURE AND/OR WILDLIFE PRESERVATION.
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

ARIZONA CENTER FOR NATURE

455 N GALVIN PKWY
PHOENIX,AZ85008 		NONE   NATURE CONSERVATION 350,714

ATLANTA-FULTON COUNTY ZOO

800 CHEROKEE AVE SE
ATLANTA,GA30315 		NONE   NATURE CONSERVATION 50,000

BAT CONSERVATION INTERNATIONAL

500 N CAPITAL OF TEX HWY
AUSTIN,TX78746 		NONE   NATURE CONSERVATION 30,000

CHICAGO ZOOLOGICAL SOCIETY

3300 GOLF ROAD
BROOKFIELD,IL60513 		NONE   NATURE CONSERVATION 25,097

BIG LIFE FOUNDATION USA

1715 N HERON DR
RIDGEFIELD,WA98642 		NONE   NATURE CONSERVATION 29,555

DESERT BOTANICAL GARDEN

1201 N GALVIN PKWY
PHOENIX,AZ85008 		NONE   NATURE CONSERVATION 22,364

CHEETAH CONSERVATION FUND

PO BOX 2496
ALEXANDRIA,VA22301 		NONE   NATURE CONSERVATION 25,969

MORTON ARBORETUM

4100 ILLINOIS ROUTE 53
LISLE,IL60532 		NONE   NATURE CONSERVATION 25,000

PINES AND PRAIRIES LAND TRUST

PO BOX 737
BASTROP,TX78602 		NONE   NATURE CONSERVATION 10,920

SEA TURTLE RECOVERY INC

PO BOX 497
WEST ORANGE,NJ07052 		NONE   NATURE CONSERVATION 9,000

GUIDE DOG FOUNDATION FOR THE BLIND

371 E JERICHO TURNPIKE
SMITHTOWN,NY11787 		NONE   HANDICAP ASSISTANCE 150,000

SUNFLOWER STAR LABORATORY

PO BOX 228
MOSS LANDING,CA95039 		NONE   NATURE CONSERVATION 40,000

TURTLE SURVIVAL ALLIANCE

5900 CORE RD STE 504
NORTH CHARLESTON,SC29406 		NONE   NATURE CONSERVATION 50,000

GREAT PLAINS CONSERVATION FOUNDATIO

1661 JEAGA DR
JUPITER,FL33458 		NONE   NATURE CONSERVATION 21,450

OCCUPAWS GUIDE DOG ASSOCIATION

5659 ENCHANTED VALLEY RD
CROSS PLAINS,WI53528 		NONE   HANDICAP ASSISTANCE 12,000

SEACOLOGY

1623 SOLANO AVE
BERKELEY,CA94707 		NONE   NATURE CONSERVATION 22,500

WESTMORELAND SANCTUARY

260 CHESTNUT RIDGE RD
MOUNT KISCO,NY10549 		NONE   NATURE CONSERVATION 10,100

THE SEEING EYE INC

PO BOX 375
MORRISTOWN,NJ07960 		NONE   HANDICAP ASSISTANCE 34,200

ASSOCIATION OF ZOOS & AQUARIUMS

8403 COLEVILLE RD 710
SILVER SPRING,MD20910 		NONE   NATURE CONSERVATION 140,000

SEMPERVIRENS FUND

419 S SAN ANTONIO RD 211
LOS ALTOS,CA94022 		NONE   NATURE CONSERVATION 49,828

GEORGE MIKSCH SUTTON AVIAN RESEARCH

PO BOX 2007
BARTLESVILLE,OK74005 		NONE   NATURE CONSERVATION 13,000

GRAND CANYON CONSERVANCY

PO BOX 399
GRAND CANYON,AZ86023 		NONE   NATURE CONSERVATION 50,000

LOWELL PARKS & CONSERVATION TRUST

PO BOX 7162
LOWELL,MA01852 		NONE   NATURE CONSERVATION 10,000

PEREGRINE FUND INC

5668 W FLYING HAWK LANE
BOISE,ID83709 		NONE   NATURE CONSERVATION 23,000

GEORGIA AQUARIUM

225 BAKER ST NW
ATLANTA,GA30313 		NONE   NATURE CONSERVATION 20,000

VOICE OF ASIAN ELEPHANTS SOCIETY

3415 S SEPULVEDA BLVD 11
LOS ANGELES,CA90034 		NONE   NATURE CONSERVATION 60,000

NATIONAL FOREST FOUNDATION

27 FORT MISSOULA RD
MISSOULA,MT59804 		NONE   NATURE CONSERVATION 30,240

WILD RIVERS CONSERVANCY

1015 N CASCADE STREET
OSCEOLA,WI54020 		NONE   NATURE CONSERVATION 23,000

WILDLIFE CONSERVATION NETWORK

209 MISSISSIPPI ST
SAN FRANCISCO,CA94107 		NONE   NATURE CONSERVATION 23,320

DESCHUTES BASIN LAND TRUST

210 NW IRVING AVE 102
BEND,OR97703 		NONE   NATURE CONSERVATION 10,000

ZOOLOGICAL SOCIETY OF CINCINNATI

3400 VINE ST
CINCINNATI,OH45220 		NONE   NATURE CONSERVATION 115,550
Total ................................. 3a 1,486,807
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 ........... 		    14 399  
4 Dividends and interest from securities ....     14 475,920  
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 .....     15 33,514  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 1,893,296  
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) ..   2,403,129  
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,403,129
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2025)
Form 990-PF (2025)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Preparer's name Preparer's Signature Date Check if self-
employed 		PTIN
Firm's name
Firm's EIN
Firm's address


Phone no.
Form 990-PF (2025)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2025 AccountingFeesSchedule
Name:
ARTHUR L BUD JOHNSON IN MEMORY OF
 
ELAINE V JOHNSON FOUNDATION
EIN:
36-3739494
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
THOMAS, ZOLLARS & LYNCH 5,600     5,600

TY 2025 InvestmentsCorpStockSchedule
Name:
ARTHUR L BUD JOHNSON IN MEMORY OF
 
ELAINE V JOHNSON FOUNDATION
EIN:
36-3739494
Name of Stock End of Year Book Value End of Year Fair Market Value
2115 SH ACCENTURE PLC 570,054 567,454
5700 SH ALPHABET CL A 524,779 1,784,100
9425 SH ANALOG DEVICES INC 238,866 2,556,060
1970 SH BOEING CO 30,633 182,381
11193 SH CANADIAN NATL RY CO 198,005 1,106,428
18925 SH CISCO SYSTEMS 294,139 1,457,793
665 SH COSTAR GROUP INC 50,083 44,715
2600 SH COSTCO WHSL CORP 71,514 2,056,681
18965 SH NEXTERA ENERGY INC 209,872 1,522,510
3040 SH FEDEX CORP 417,783 878,134
6493 SH JOHNSON & JOHNSON 391,349 1,343,726
3725 SH MARVELL TECHNOLOGY 167,552 316,550
6140 SH MICROSOFT CORP 162,120 2,969,427
17650 SH RTX CORP 202,361 3,029,768
3370 SH STARBUCKS CORP 43,279 283,788
8485 SH THERMO FISHER SCIENTIFIC 119,174 4,916,633
7185 SH ADVANCED MICRO DEVICES XILI 121,445 1,538,739
5812 SH MONDELEZ INTL INC 24,266 312,860
1020 SH T ROWE PRICE    
1955 SH VISA INC 245,353 685,638
600 SH ALPHABET INC CL C 32,934 188,280
2133 SH APPLE INC 117,439 579,877
395 SH BLACKROCK INC 243,908 422,784
190 SH ECOLAB INC 30,266 49,879
3505 SH EOG RESOURCES INC 428,907 368,060
1185 SH EXPEDITORS INTL WASH 115,375 176,577
695 SH FISERV INC    
1150 SH FREEPORT-MCMORAN INC 50,036 58,408
1775 SH HOME DEPOT INC 535,673 610,778
85 SH INTUIT INC 20,472 56,306
160 SH O REILLY AUTOMOTIVE 75,636 218,904
245 SH ROCKWELL AUTOMATION 40,471 95,322
880 SH STRYKER CORP 206,923 309,294
245 SH VALMONT INDUSTRIES 60,307 98,568
940 SH SPDR S&P BIOTECH 80,225 114,614
135 SH ADOBE INC 40,076 47,249
720 SH ISHARES CORE S&P SMALL 79,718 86,530
200 SH VANGUARD SMALL CAP 60,126 60,422
1327 SH JANUS HENDERSON CONTRAR 41,977 35,576
1797 SH PRINCIPAL SMALLCAP INST 53,565 55,962
26 SH GENERAL DYNAMICS CO 3,084 8,753
13 SH LOCKHEED MARTIN CORP 5,068 6,288
63 SH PEPSICO INC 8,522 9,042
99 SH PROCTOR & GAMBLE 11,970 14,188
261 SH WALMART INC 10,116 29,078
355 SH RESMED INC 100,690 85,509
469 SH AMETEK INC 65,102 96,290
179 SH ANSYS INC    
325 SH BIO-TECHNE CORP 20,411 19,113
445 SH CHURCH & DWIGHT CO 36,439 37,313
91 SH CLOROX CO 13,137 9,175
687 SH COSTAR GROUP INC 52,753 46,194
825 SH DYNATRACE INC 40,952 35,756
262 SH ECOLAB INC 37,694 68,780
580 SH EXPEDITORS INTL WASH 62,035 86,426
133 SH FACTSET RESEARCH SYS 52,856 38,595
289 SH IDEX CORP 66,288 51,425
1590 SH INFORMATICA INC    
456 SH MCCORMICK & CO INC 38,252 31,058
49 SH METTLER TOLEDO INTL 70,416 68,315
115 SH NXP SEMICONDUCTORS 18,024 24,962
1200 SH O'REILLY AUTOMOTIVE 66,648 109,452
898 SH PEGASYSTEMS INC 15,319 53,629
1530 SH PERMIAN RES CORP 24,292 21,466
64 SH POOL CORP 20,503 14,640
218 SH RBC BEARINGS INC 45,117 97,758
139 SH RESMED INC 28,868 33,481
185 SH SILICON LABORATORIES 24,801 24,179
294 SH T ROWE PRICE GROUP 32,605 30,100
60 SH SYNOPSYS INC 34,272 28,183
668 SH TRIMBLE INC 32,411 52,338
96 SH VALMONT INDUSTRIES 34,508 38,623
660 SH VALVOLINE INC 23,124 19,180
779 SH YETI HOLDINGS INC 32,000 34,408
228 SH SPDR S&P BIOTECH EFT 18,406 27,800

TY 2025 InvestmentsGovtObligationsSch
Name:
ARTHUR L BUD JOHNSON IN MEMORY OF
 
ELAINE V JOHNSON FOUNDATION
EIN:
36-3739494
US Government Securities - End of Year Book Value:

1,295,278
US Government Securities - End of Year Fair Market Value:

1,298,171
State & Local Government Securities - End of Year Book Value:


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


 


TY 2025 InvestmentsOtherSchedule2
Name:
ARTHUR L BUD JOHNSON IN MEMORY OF
 
ELAINE V JOHNSON FOUNDATION
EIN:
36-3739494
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
3294 SH VANGUARD SMALL CAP VALUE FD AT COST 250,000 299,822
393 SH BP PLC AT COST 8,945 13,649
OIL LEASES AT COST   341,277

TY 2025 OtherExpensesSchedule
Name:
ARTHUR L BUD JOHNSON IN MEMORY OF
 
ELAINE V JOHNSON FOUNDATION
EIN:
36-3739494
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXPENSES        
OTHER MANAGEMENT FEES 11,966     25,026
FEDERAL EXCISE TAXES 26,749      


TY 2025 OtherIncomeSchedule2
Name:
ARTHUR L BUD JOHNSON IN MEMORY OF
 
ELAINE V JOHNSON FOUNDATION
EIN:
36-3739494
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
DAYLIGHT PETROLEUM 324 324  
VALIDUS ENERGY (CITIZEN) 33,180 33,180  
KERNEN 10 10  


TY 2025 OtherProfessionalFeesSchedule
Name:
ARTHUR L BUD JOHNSON IN MEMORY OF
 
ELAINE V JOHNSON FOUNDATION
EIN:
36-3739494
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FINANCIAL ADVISOR FEES 124,738 124,738    


TY 2025 TaxesSchedule
Name:
ARTHUR L BUD JOHNSON IN MEMORY OF
 
ELAINE V JOHNSON FOUNDATION
EIN:
36-3739494
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAX-SCHWAB ACCT 10,419 10,419    
ADR FEES-BP PLC 8 8    
TAXES/OTHER DEDUCT-DAYLIGHT PETR 100 100    
TAXES AND OTHER DEDUCT-VALIDUS E 1,990 1,990