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
MARSH L & K CHAR FBO U W MAIN
 
Number and street (or P.O. box number if mail is not delivered to street address) PO BOX 505 MAC H0006-092
  Room/suite
City or town
SAINT LOUIS
State or province
MO
Country  
ZIP or foreign postal code
63166
A Employer identification number

91-6036950
B Telephone number (see instructions)

8887304933
C
G Check all that apply:

D 1. Foreign organizations, check here.............
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
H Check type of organization:
F
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)$1,711,719J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check .................
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 34,777 33,610  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 9,291
b Gross sales price for all assets on line 6a 399,569
7 Capital gain net income (from Part IV, line 2)... 9,291
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 44,068 42,901  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 24,303 21,872   2,430
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,341 0 0 1,341
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
1,794 1,794   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
8,743 914   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
138 113   25
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 36,319 24,693 0 3,796
25 Contributions, gifts, grants paid....... 70,532 70,532
26 Total expenses and disbursements. Add lines 24 and 25 ................ 106,851 24,693 0 74,328
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -62,783
b Net investment income (if negative, enter -0-) 18,208
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2025)
Form 990-PF (2025)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 625    
2 Savings and temporary cash investments......... 41,296 24,338 24,338
3 Accounts receivable  
Less: allowance for doubtful accounts     0 0
4 Pledges receivable  
Less: allowance for doubtful accounts        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule)  
Less: allowance for doubtful accounts 0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 831,355 Click to see attachment
List of Attached Documents:
// Content
733,571 		1,178,520
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).......... 396,268 Click to see attachment
List of Attached Documents:
// Content
449,522 		508,861
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) 1,269,544 1,207,431 1,711,719
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........ 1,269,544 1,207,431
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)..... 1,269,544 1,207,431
30 Total liabilities and net assets/fund balances (see instructions). 1,269,544 1,207,431
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
1,269,544
2
Enter amount from Part I, line 27a .....................
2
-62,783
3
Other increases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
3
752
4
Add lines 1, 2, and 3 ..........................
4
1,207,513
5
Decreases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
5
82
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
1,207,431
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 594. ISHARES GOLD TRUST ETF   2000-01-01 2025-01-31
b 22. ISHARES RUSSELL 2000 ETF   2024-11-27 2025-01-31
c 100. ISHARES CORE MSCI EMERGING ETF   2015-11-10 2025-01-31
d 17. SPDR S&P MIDCAP 400 ETF TRUST   2009-11-23 2025-01-31
e 9. ALPHABET INC CL C   2024-12-20 2025-02-25
127. CELANESE CORP   2024-12-20 2025-02-25
7. CELANESE CORP     2025-02-25
231. CISCO SYSTEMS INC   2024-12-20 2025-02-25
83. CISCO SYSTEMS INC   2022-05-10 2025-02-25
133. MERCK & CO INC NEW   2024-12-20 2025-02-25
50. MERCK & CO INC NEW   2022-05-10 2025-02-25
11. GARMIN LTD   2024-12-20 2025-02-25
43. ALPHABET INC CL C   2024-12-20 2025-02-28
11. BROADCOM INC   2024-12-20 2025-02-28
10. META PLATFORMS INC     2025-02-28
594. ISHARES GOLD TRUST ETF   2000-01-01 2025-02-28
22. LAM RESH CORP   2024-12-20 2025-02-28
11. UNITED PARCEL SERVICE-CL B   2024-12-20 2025-02-28
14. UNITED PARCEL SERVICE-CL B     2025-02-28
66. ALPHABET INC CL C   2024-12-20 2025-03-21
19. BLACKSTONE INC   2024-12-20 2025-03-21
107. CITIGROUP INC.   2024-12-20 2025-03-21
20. JPMORGAN CHASE & CO   2024-12-20 2025-03-21
112. REGIONS FINL CORP NEW     2025-03-21
104. SUNCOR ENERGY INC NEW F     2025-03-21
67. TARGET CORP   2024-12-20 2025-03-21
9. TARGET CORP     2025-03-21
65. TOTAL S.A. - ADR   2024-12-20 2025-03-21
14. UNITED PARCEL SERVICE-CL B   2024-12-20 2025-03-21
4. META PLATFORMS INC   2024-12-20 2025-03-31
594. ISHARES GOLD TRUST ETF   2000-01-01 2025-03-31
26. UNITED PARCEL SERVICE-CL B   2024-12-20 2025-03-31
9. META PLATFORMS INC   2024-12-20 2025-04-04
3.00013 ELI LILLY & CO COM   2024-12-20 2025-04-04
1.99987 ELI LILLY & CO COM   2024-12-20 2025-04-04
7.99924 VISA INC-CLASS A SHRS   2024-12-20 2025-04-04
2.00076 VISA INC-CLASS A SHRS   2024-12-20 2025-04-04
12.00008 GARMIN LTD   2024-12-20 2025-04-04
3.99992 GARMIN LTD   2024-12-20 2025-04-04
65. UNITED PARCEL SERVICE-CL B   2024-12-20 2025-04-22
2. ABBVIE INC     2025-04-23
1. ADVANCED MICRO DEVICES INC   2024-12-26 2025-04-23
2. AMAZON COM INC COM     2025-04-23
3. APPLE INC   2024-12-20 2025-04-23
1. BOEING CO   2024-12-20 2025-04-23
3. BROADCOM INC   2024-12-20 2025-04-23
4. MANULIFE FINANCIAL CORP   2024-12-20 2025-04-23
3. MICROSOFT CORP     2025-04-23
1. NVIDIA CORP   2025-04-22 2025-04-23
4. UNILEVER PLC - ADR   2024-12-20 2025-04-23
1. WASTE MANAGEMENT INC   2024-12-20 2025-04-23
594. ISHARES GOLD TRUST ETF   2000-01-01 2025-04-30
10. JPMORGAN CHASE & CO   2024-12-20 2025-05-08
80. MANULIFE FINANCIAL CORP   2024-12-20 2025-05-08
34. UNILEVER PLC - ADR   2024-12-20 2025-05-08
10. WASTE MANAGEMENT INC   2024-12-20 2025-05-08
1896.883 BOSTON P LNG/SHRT RES-INS 7015     2025-05-20
594. ISHARES GOLD TRUST ETF   2000-01-01 2025-05-31
15. ALPHABET INC CL C   2024-12-20 2025-06-24
18. RTX CORP     2025-06-24
19. UNITEDHEALTH GROUP INC   2024-12-20 2025-06-24
594. ISHARES GOLD TRUST ETF   2000-01-01 2025-06-30
7. ADOBE SYS INC   2024-12-20 2025-07-11
2. ADOBE SYS INC   2023-10-11 2025-07-11
5. BROADCOM INC   2024-12-20 2025-07-11
18. UNITEDHEALTH GROUP INC   2024-12-20 2025-07-11
19. UNITEDHEALTH GROUP INC   2022-05-10 2025-07-11
18. TE CONNECTIVITY PLC   2024-12-20 2025-07-11
1. ABBOTT LABS   2025-02-25 2025-07-22
1. ABBVIE INC   2024-12-20 2025-07-22
3. ALPHABET INC CL C   2024-12-20 2025-07-22
1. APPLE INC   2024-12-20 2025-07-22
4. BLACKSTONE INC   2024-12-20 2025-07-22
7. CITIGROUP INC.   2024-12-20 2025-07-22
2. COGNIZANT TECH SOLUTIONS CRP COM   2024-12-20 2025-07-22
1. HILTON WORLDWIDE HOLDINGS IN   2024-12-20 2025-07-22
1. HOME DEPOT INC   2024-12-20 2025-07-22
2. JPMORGAN CHASE & CO   2024-12-20 2025-07-22
3. KEYSIGHT TECHNOLOGIES INC   2022-09-21 2025-07-22
1. ELI LILLY & CO COM   2025-01-08 2025-07-22
15. MANULIFE FINANCIAL CORP   2024-12-20 2025-07-22
4. MONDELEZ INTERNATIONAL INC   2022-05-10 2025-07-22
9. REGIONS FINL CORP NEW   2024-12-20 2025-07-22
6. STARBUCKS CORP COM   2024-12-20 2025-07-22
1. SUNCOR ENERGY INC NEW F   2025-04-23 2025-07-22
1. THERMO FISHER SCIENTIFIC INC   2024-12-20 2025-07-22
8. TOTAL S.A. - ADR   2025-06-24 2025-07-22
2. UBER TECHNOLOGIES INC   2025-07-11 2025-07-22
5. UNILEVER PLC - ADR   2024-12-20 2025-07-22
2. UNION PACIFIC CORP   2024-12-20 2025-07-22
1. WAL MART STORES INC   2025-04-23 2025-07-22
1. WASTE MANAGEMENT INC   2024-12-20 2025-07-22
1. TE CONNECTIVITY PLC   2024-12-20 2025-07-22
594. ISHARES GOLD TRUST ETF   2000-01-01 2025-07-31
35. ISHARES RUSSELL 2000 ETF   2024-11-27 2025-08-26
594. ISHARES GOLD TRUST ETF   2000-01-01 2025-08-31
25. BROADCOM INC     2025-09-04
6. BERKSHIRE HATHAWAY INC.   2025-03-21 2025-09-19
47. ISHARES RUSSELL 2000 ETF   2024-11-27 2025-09-19
33. LAM RESH CORP     2025-09-19
24. RTX CORP   2024-12-20 2025-09-19
9. ABBOTT LABS     2025-09-22
6. ABBVIE INC   2024-12-20 2025-09-22
2. ADOBE SYS INC   2024-12-20 2025-09-22
11. ADVANCED MICRO DEVICES INC     2025-09-22
19. ALPHABET INC CL C   2024-12-20 2025-09-22
23. AMAZON COM INC COM     2025-09-22
7. ANALOG DEVICES INC     2025-09-22
31. APPLE INC   2024-12-20 2025-09-22
2. BERKSHIRE HATHAWAY INC.   2025-03-21 2025-09-22
9. BLACKSTONE INC   2024-12-20 2025-09-22
1. BLACKROCK INC   2024-12-20 2025-09-22
9. BOEING CO     2025-09-22
15. BROADCOM INC   2024-12-20 2025-09-22
15. CITIGROUP INC.   2024-12-20 2025-09-22
9. COGNIZANT TECH SOLUTIONS CRP COM   2024-12-20 2025-09-22
4. ECOLAB INC   2025-02-25 2025-09-22
6. META PLATFORMS INC     2025-09-22
5. HILTON WORLDWIDE HOLDINGS IN   2024-12-20 2025-09-22
3. HOME DEPOT INC   2024-12-20 2025-09-22
9. JPMORGAN CHASE & CO   2024-12-20 2025-09-22
5. KEYSIGHT TECHNOLOGIES INC   2025-09-04 2025-09-22
2. KEYSIGHT TECHNOLOGIES INC   2022-09-21 2025-09-22
12. LAM RESH CORP   2024-12-20 2025-09-22
2. ELI LILLY & CO COM     2025-09-22
37. MANULIFE FINANCIAL CORP   2024-12-20 2025-09-22
7. MARSH & MCLENNAN COS INC   2025-02-25 2025-09-22
5. MCDONALDS CORP   2024-12-20 2025-09-22
18. MICROSOFT CORP     2025-09-22
11. MONDELEZ INTERNATIONAL INC   2022-05-10 2025-09-22
3. MOTOROLA SOLUTIONS, INC.   2025-02-25 2025-09-22
1. NETFLIX.COM INC   2025-03-21 2025-09-22
14. NVIDIA CORP     2025-09-22
11. RTX CORP   2024-12-20 2025-09-22
35. REGIONS FINL CORP NEW   2024-12-20 2025-09-22
4. SALESFORCE INC   2025-06-24 2025-09-22
6. STARBUCKS CORP COM   2024-12-20 2025-09-22
46. SUNCOR ENERGY INC NEW F     2025-09-22
1. THERMO FISHER SCIENTIFIC INC   2024-12-20 2025-09-22
27. TOTAL S.A. - ADR   2025-06-24 2025-09-22
20. UBER TECHNOLOGIES INC   2025-07-11 2025-09-22
14. UNILEVER PLC - ADR   2024-12-20 2025-09-22
4. UNION PACIFIC CORP   2024-12-20 2025-09-22
5. VISA INC-CLASS A SHRS     2025-09-22
9. WAL MART STORES INC   2025-03-21 2025-09-22
5. WASTE MANAGEMENT INC   2024-12-20 2025-09-22
11. XYLEM INC/NY   2025-09-19 2025-09-22
6. EATON CORP PLC   2024-12-20 2025-09-22
5. TE CONNECTIVITY PLC   2024-12-20 2025-09-22
5. GARMIN LTD     2025-09-22
2. DEEMED REDEEMED ASML HOLDING NV ESCR   2025-09-19 2025-09-22
594. ISHARES GOLD TRUST ETF   2000-01-01 2025-09-30
117. COGNIZANT TECH SOLUTIONS CRP COM   2024-12-20 2025-10-06
12. COGNIZANT TECH SOLUTIONS CRP COM   2022-07-20 2025-10-06
594. ISHARES GOLD TRUST ETF   2000-01-01 2025-10-31
16. EATON CORP PLC   2024-12-20 2025-10-31
13. ADVANCED MICRO DEVICES INC   2024-12-20 2025-11-04
594. ISHARES GOLD TRUST ETF   2000-01-01 2025-11-30
12. ECOLAB INC   2025-02-25 2025-12-10
39. MAGNUM ICE CREAM CO BV/THE   2024-12-20 2025-12-10
57. LAM RESH CORP   2024-12-20 2025-12-17
2. DEEMED REDEEMED ASML HOLDING NV ESCR     2025-12-17
594. ISHARES GOLD TRUST ETF   2000-01-01 2025-12-31
1. SVB FINANCIAL GROUP WTHL   2020-01-01 2025-12-31
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CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
(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 6     6
b 5,028   5,304 -276
c 5,345   4,165 1,180
d 10,127   2,147 7,980
e 1,608   1,740 -132
6,934   8,657 -1,723
382   705 -323
14,848   13,507 1,341
5,335   4,107 1,228
12,045   13,204 -1,159
4,528   4,427 101
2,475   2,302 173
7,284   8,312 -1,028
2,142   2,504 -362
6,552   5,977 575
6     6
1,667   1,593 74
1,304   1,383 -79
1,659   2,525 -866
10,815   12,758 -1,943
2,785   3,244 -459
7,623   7,473 150
4,757   4,768 -11
2,394   2,661 -267
3,888   3,622 266
6,918   8,838 -1,920
929   1,960 -1,031
4,119   3,543 576
1,584   1,760 -176
2,251   2,388 -137
7     7
2,859   3,269 -410
4,574   5,372 -798
2,219   2,315 -96
1,479   1,543 -64
2,514   2,556 -42
629   639 -10
2,138   2,512 -374
713   837 -124
6,286   8,173 -1,887
351   355 -4
92   126 -34
363   453 -90
614   760 -146
172   180 -8
535   683 -148
120   122 -2
1,128   1,318 -190
104   99 5
252   230 22
227   206 21
7     7
2,553   2,384 169
2,500   2,439 61
2,129   1,958 171
2,352   2,062 290
26,860   25,310 1,550
8     8
2,532   2,900 -368
2,539   2,278 261
5,740   9,490 -3,750
8     8
2,541   3,139 -598
726   1,102 -376
1,372   1,138 234
5,425   8,991 -3,566
5,726   9,241 -3,515
3,195   2,600 595
125   135 -10
187   176 11
576   580 -4
214   253 -39
675   681 -6
659   489 170
153   159 -6
272   250 22
367   392 -25
585   477 108
495   499 -4
774   856 -82
462   457 5
282   266 16
236   214 22
573   527 46
39   35 4
424   525 -101
495   488 7
184   192 -8
302   288 14
457   455 2
96   95 1
226   206 20
180   144 36
8     8
8,200   8,438 -238
8     8
7,646   5,848 1,798
2,950   3,150 -200
11,428   11,331 97
4,210   2,565 1,645
3,787   2,791 996
1,234   1,226 8
1,339   1,055 284
727   897 -170
1,765   1,355 410
4,815   3,673 1,142
5,245   5,221 24
1,732   1,511 221
7,906   7,853 53
987   1,050 -63
1,668   1,528 140
1,137   1,032 105
1,912   1,668 244
5,129   3,414 1,715
1,550   1,048 502
615   718 -103
1,068   1,071 -3
4,618   3,690 928
1,332   1,249 83
1,239   1,175 64
2,808   2,145 663
887   832 55
355   333 22
1,579   869 710
1,509   1,628 -119
1,170   1,128 42
1,378   1,638 -260
1,518   1,476 42
9,267   8,042 1,225
697   732 -35
1,420   1,280 140
1,221   958 263
2,560   2,323 237
1,750   1,279 471
930   831 99
997   1,092 -95
508   527 -19
1,924   1,602 322
475   525 -50
1,651   1,648 3
2,003   1,915 88
850   806 44
903   909 -6
1,717   1,639 78
925   771 154
1,082   1,031 51
1,580   1,569 11
2,283   2,031 252
1,088   722 366
1,178   1,113 65
1,918   1,875 43
8     8
7,898   9,327 -1,429
810   813 -3
10     10
6,106   5,417 689
3,305   1,561 1,744
9     9
3,056   3,212 -156
587   575 12
8,794   4,128 4,666
2,036   1,637 399
10     10
    747 -747
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
      2
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       6
b       -276
c       1,180
d       7,980
e       -132
      -1,723
      -323
      1,341
      1,228
      -1,159
      101
      173
      -1,028
      -362
      575
      6
      74
      -79
      -866
      -1,943
      -459
      150
      -11
      -267
      266
      -1,920
      -1,031
      576
      -176
      -137
      7
      -410
      -798
      -96
      -64
      -42
      -10
      -374
      -124
      -1,887
      -4
      -34
      -90
      -146
      -8
      -148
      -2
      -190
      5
      22
      21
      7
      169
      61
      171
      290
      1,550
      8
      -368
      261
      -3,750
      8
      -598
      -376
      234
      -3,566
      -3,515
      595
      -10
      11
      -4
      -39
      -6
      170
      -6
      22
      -25
      108
      -4
      -82
      5
      16
      22
      46
      4
      -101
      7
      -8
      14
      2
      1
      20
      36
      8
      -238
      8
      1,798
      -200
      97
      1,645
      996
      8
      284
      -170
      410
      1,142
      24
      221
      53
      -63
      140
      105
      244
      1,715
      502
      -103
      -3
      928
      83
      64
      663
      55
      22
      710
      -119
      42
      -260
      42
      1,225
      -35
      140
      263
      237
      471
      99
      -95
      -19
      322
      -50
      3
      88
      44
      -6
      78
      154
      51
      11
      252
      366
      65
      43
      8
      -1,429
      -3
      10
      689
      1,744
      9
      -156
      12
      4,666
      399
      10
      -747
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 9,291
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) 1 253
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........................... 3 253
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- ..... 5 253
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 4,240
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 4,240
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed....... 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10 3,987
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax256 Refunded 11 3,731
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)
WA
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 addressN/A
14
The books are in care ofWELLS FARGO BANK NA Telephone no. (800) 352-3705

Located at100 N MAIN ST FL 5D4001-052WINSTON SALEMNC ZIP+427101
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........
and enter the amount of tax-exempt interest received or accrued during the year ........
15
 
16 At any time during calendar year 2025, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country
Form 990-PF (2025)
Form 990-PF (2025)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2025? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2025, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2025?....................
2a
 
No
If "Yes," list the years 20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2025 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Form 4720, Schedule C, to determine
if the foundation had excess business holdings in 2025.).....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2025? ..
4b
 
No
Form 990-PF (2025)
Form 990-PF (2025)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
WELLS FARGO BANK N A TRUSTEE
1 		24,303    
100 N MAIN ST FL 5D4001-052
WINSTON SALEM,NC27101
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000................... 0
Form 990-PF (2025)
Form 990-PF (2025)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................  
Form 990-PF (2025)
Form 990-PF (2025)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
1,578,721
b
Average of monthly cash balances.......................
1b
31,063
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
1,609,784
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
1,609,784
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
24,147
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
1,585,637
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
79,282
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
79,282
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
253
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
253
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
79,029
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
79,029
6
Deduction from distributable amount (see instructions) .................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
79,029
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
74,328
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
74,328
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 79,029
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...... 0
b From 2021...... 0
c From 2022...... 12,864
d From 2023...... 13,314
e From 2024...... 6,400
f Total of lines 3a through e ........ 32,578
4Qualifying distributions for 2025 from Part
XI, line 4: $ 74,328
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..... 74,328
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2025. 4,701 4,701
(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 27,877
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) ... 		0
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		27,877
10 Analysis of line 9:
a Excess from 2021 .... 0
b Excess from 2022 .... 8,163
c Excess from 2023 .... 13,314
d Excess from 2024 .... 6,400
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).)
NONE
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.
NONE
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

UNIVERSITY OF WASHINGTON

4333 BROOKLYN AVENUE NE
SEATTLE,WA98195 		NONE   GENERAL OPERATING 70,532
Total ................................. 3a 70,532
bApproved for future payment
Total ................................. 3b  
Form 990-PF (2025)
Form 990-PF (2025)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 34,777  
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 9,291  
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) ..   44,068  
13Total. Add line 12, columns (b), (d), and (e)..................
13
44,068
(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:
MARSH L & K CHAR FBO U W MAIN
EIN:
91-6036950
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC 1,341     1,341

TY 2025 InvestmentsCorpStockSchedule
Name:
MARSH L & K CHAR FBO U W MAIN
EIN:
91-6036950
Name of Stock End of Year Book Value End of Year Fair Market Value
02079K107 ALPHABET INC CL C 23,456 69,350
532457108 ELI LILLY & CO COM 13,800 34,390
30303M102 META PLATFORMS INC 15,098 42,906
92826C839 VISA INC-CLASS A SHR 7,300 22,095
023135106 AMAZON COM INC COM 34,796 59,321
037833100 APPLE INC 20,052 100,588
594918104 MICROSOFT CORP 26,003 99,626
11135F101 BROADCOM INC 19,821 57,107
78486Q101 SVB FINANCIAL GROUP    
032654105 ANALOG DEVICES INC 11,776 16,001
883556102 THERMO FISHER SCIENT 16,886 18,542
49338L103 KEYSIGHT TECHNOLOGIE 12,397 15,442
911312106 UNITED PARCEL SERVIC    
00724F101 ADOBE INC 11,557 9,800
91324P102 UNITEDHEALTH GROUP I    
609207105 MONDELEZ INTERNATION 12,897 11,789
43300A203 HILTON WORLDWIDE HOL 15,976 19,246
192446102 COGNIZANT TECH SOLUT    
G29183103 EATON CORP PLC 14,334 15,607
87612E106 TARGET CORP    
007903107 ADVANCED MICRO DEVIC 9,376 18,418
58933Y105 MERCK & CO INC NEW    
855244109 STARBUCKS CORP COM 10,056 10,021
571748102 MARSH & MCLENNAN COS 16,821 15,213
150870103 CELANESE CORP    
097023105 BOEING CO 20,746 25,620
09260D107 BLACKSTONE INC 22,144 21,888
437076102 HOME DEPOT INC 13,853 14,108
580135101 MCDONALDS CORP 15,803 17,115
17275R102 CISCO SYSTEMS INC    
00287Y109 ABBVIE INC 15,379 21,021
172967424 CITIGROUP INC. 15,635 27,539
907818108 UNION PACIFIC CORP 13,771 14,111
94106L109 WASTE MANAGEMENT INC 17,726 19,115
75513E101 RTX CORP 14,639 24,209
46625H100 JPMORGAN CHASE & CO 20,886 37,700
09290D101 BLACKROCK INC 16,193 18,196
512807306 LAM RESH CORP 5,916 16,091
56501R106 MANULIFE FINANCIAL C 14,758 17,560
7591EP100 REGIONS FINL CORP NE 10,402 12,087
867224107 SUNCOR ENERGY INC NE 19,013 24,221
89151E109 TOTALENERGIES SE -SP    
904767704 UNILEVER PLC - ADR    
G87052109 TE CONNECTIVITY PLC 9,672 15,243
H2906T109 GARMIN LTD 11,511 11,157
002824100 ABBOTT LABS 15,635 14,534
084670702 BERKSHIRE HATHAWAY I 13,650 13,069
278865100 ECOLAB INC 9,873 9,713
620076307 MOTOROLA SOLUTIONS, 18,124 16,483
64110L106 NETFLIX INC 12,307 12,189
67066G104 NVIDIA CORP 17,907 29,281
79466L302 SALESFORCE INC 13,333 13,246
90353T100 UBER TECHNOLOGIES IN 17,459 18,303
904767803 UNILEVER PLC ADR 11,232 11,336
931142103 WALMART INC 9,765 12,701
98419M100 XYLEM INC/NY 14,507 16,342
F92124100 TOTALENERGIES SE 19,130 22,832
N07059210 ASML HOLDING NV-NY R 10,200 16,048

TY 2025 InvestmentsOtherSchedule2
Name:
MARSH L & K CHAR FBO U W MAIN
EIN:
91-6036950
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
464287655 ISHARES RUSSELL 2000      
74925K581 BOSTON P LNG/SHRT RE      
BIT990000 BLACKSTONE REAL ESTA AT COST 15,000 18,379
46434G103 ISHARES CORE MSCI EM      
46432F842 ISHARES CORE MSCI EA AT COST 16,218 19,234
464287242 ISHARES IBOXX $ INVE AT COST 130,959 135,974
74256W485 PRINCIPAL PREFERRED AT COST 45,769 48,626
78467Y107 SPDR S&P MIDCAP 400 AT COST 4,168 19,908
464285204 ISHARES GOLD TRUST E AT COST 22,474 48,215
464288513 ISHARES IBOXX HIGH Y AT COST 44,992 45,556
872365713 TCW EMRG MRKTS INC-P AT COST 35,000 36,679
921937819 VANGUARD INTERMEDIAT AT COST 134,942 136,290

TY 2025 OtherDecreasesSchedule
Name:
MARSH L & K CHAR FBO U W MAIN
EIN:
91-6036950
Description Amount
ROC ON CY SALES 34
PY RETURN OF CAPITAL ADJUSTMENT 28
COST BASIS ADJUSTMENT 20


TY 2025 OtherExpensesSchedule
Name:
MARSH L & K CHAR FBO U W MAIN
EIN:
91-6036950
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FILING FEE/STATE TAX 25 0   25
INVESTMENT EXPENSES - ADR FEES 18 18   0
INVESTMENT EXPENSES - PROCEEDS 95 95   0


TY 2025 OtherIncreasesSchedule
Name:
MARSH L & K CHAR FBO U W MAIN
EIN:
91-6036950
Description Amount
MUTUAL FUND TIMING ADJ 177
TAX LOT BASIS ADJUSTMENT 575


TY 2025 OtherProfessionalFeesSchedule
Name:
MARSH L & K CHAR FBO U W MAIN
EIN:
91-6036950
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMNT MNGMNT FEES (NON-DED 1,794 1,794    


TY 2025 TaxesSchedule
Name:
MARSH L & K CHAR FBO U W MAIN
EIN:
91-6036950
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 897 897   0
FEDERAL TAX PAYMENT - PRIOR YE 3,589 0   0
FEDERAL ESTIMATES - PRINCIPAL 4,240 0   0
FOREIGN TAXES ON NONQUALIFIED 17 17   0