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
HUNTER ESTELLE CHAR-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

84-6016605
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)$14,713,070J 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... 292,650 290,721  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 800,747
b Gross sales price for all assets on line 6a 2,054,955
7 Capital gain net income (from Part IV, line 2)... 800,747
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
11,487 11,487  
12 Total. Add lines 1 through 11........ 1,104,884 1,102,955  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 119,879 107,891   11,988
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
1,786 0 0 1,786
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
13,875 13,875   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
17,703 8,189   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
1,040 1,040    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 154,283 130,995 0 13,774
25 Contributions, gifts, grants paid....... 600,000 600,000
26 Total expenses and disbursements. Add lines 24 and 25 ................ 754,283 130,995 0 613,774
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 350,601
b Net investment income (if negative, enter -0-) 971,960
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2025)
Form 990-PF (2025)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 164,127 449,092 449,092
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)....... 3,371,360 Click to see attachment
List of Attached Documents:
// Content
3,514,162 		7,762,044
c Investments—corporate bonds (attach schedule)....... 2,127,629 Click to see attachment
List of Attached Documents:
// Content
2,129,558 		2,153,311
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,484,820 Click to see attachment
List of Attached Documents:
// Content
2,407,776 		4,348,623
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) 8,147,936 8,500,588 14,713,070
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........ 8,147,936 8,500,588
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)..... 8,147,936 8,500,588
30 Total liabilities and net assets/fund balances (see instructions). 8,147,936 8,500,588
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
8,147,936
2
Enter amount from Part I, line 27a .....................
2
350,601
3
Other increases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
3
6,214
4
Add lines 1, 2, and 3 ..........................
4
8,504,751
5
Decreases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
5
4,163
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
8,500,588
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 110. EQUINIX INC   2015-03-05 2025-01-27
b 372. ISHARES RUSSELL MID-CAP VALUE   2009-09-15 2025-01-27
c 1290. ISHARES RUSSELL MID-CAP GROWTH     2025-01-27
d 1066. SPDR DJ WILSHIRE INTERNATIONAL R ETF     2025-01-27
e 1709. VANGUARD FTSE EMERGING MARKETS ETF     2025-01-27
15000. US TREASURY NOTE 3.000% 7/15/25   2024-04-03 2025-01-28
25000. IBM CORP 3.450% 2/19/26   2023-10-24 2025-02-06
5000. US TREASURY NOTE 3.875% 8/15/34   2024-08-29 2025-02-06
25. AIRBUS SE - UNSP ADR   2024-07-31 2025-02-07
38. AIRBUS SE - UNSP ADR   2022-05-19 2025-02-07
75. AXA - ADR   2016-12-02 2025-02-07
51. TOTAL S.A. - ADR     2025-02-10
10000. US TREASURY NOTE 3.000% 7/15/25   2024-04-03 2025-02-27
350. ALPHABET INC CL C   2016-12-28 2025-03-03
95. BROADCOM INC   2019-07-03 2025-03-03
850. CELANESE CORP     2025-03-03
1895. CISCO SYSTEMS INC     2025-03-03
55. JPMORGAN CHASE & CO   2019-07-03 2025-03-03
1115. MERCK & CO INC NEW     2025-03-03
35. MICROSOFT CORP   2016-11-29 2025-03-03
145. UNITED PARCEL SERVICE-CL B     2025-03-03
60. GARMIN LTD   2023-02-09 2025-03-03
15000. US TREASURY NOTE 4.875% 11/30/25   2024-08-29 2025-03-04
11. ABBVIE INC   2024-05-15 2025-03-11
3. ABBVIE INC   2022-02-14 2025-03-11
43. DEUTSCHE TELEKOM AG - ADR   2024-05-15 2025-03-11
23. DEUTSCHE TELEKOM AG - ADR   2023-12-21 2025-03-11
14. KROGER CO     2025-03-11
20. PHILIP MORRIS INTERNATIONAL IN     2025-03-11
1. AXA - ADR   2016-12-02 2025-03-24
12. BARCLAYS PLC - ADR     2025-03-24
1. COMCAST CORP CLASS A   2019-03-25 2025-03-24
1. DEUTSCHE BOERSE AG ADR   2020-04-23 2025-03-24
1. DUKE ENERGY HOLDING CORP. COM   2024-05-15 2025-03-24
1. GENUINE PARTS CO   2023-12-21 2025-03-24
6. HITACHI LIMITED - ADR   2025-02-07 2025-03-24
1. JOHNSON & JOHNSON   2024-08-28 2025-03-24
2. KEURIG DR PEPPER INC   2022-11-02 2025-03-24
1. KROGER CO   2023-01-25 2025-03-24
1. LVMH MOET HENNESSY UNSP ADR - ADR   2024-09-11 2025-03-24
1. NEXTERA ENERGY INC   2024-08-28 2025-03-24
1. PHILIP MORRIS INTERNATIONAL IN   2023-01-25 2025-03-24
1. QUALCOMM INC   2024-10-01 2025-03-24
1. RPM INTERNATIONAL INC   2019-08-07 2025-03-24
1. SAP SE   2022-02-14 2025-03-24
2. SCHNEIDER ELECTRIC SE - ADR   2023-04-03 2025-03-24
1. SIEMENS AG - SPONSORED ADR   2025-02-10 2025-03-24
1. TJX COMPANIES INC   2023-12-21 2025-03-24
1. TC ENERGY CORP   2023-04-03 2025-03-24
1. TOKYO ELECTRON LTD-UNSP ADR   2024-07-31 2025-03-24
1. VEOLIA ENVIRONNEMENT ADR   2023-04-03 2025-03-24
1. VINCI SA ADR   2021-04-01 2025-03-24
1. WILLIAMS COS INC   2024-12-26 2025-03-24
3. WILLIAMS COS INC   2020-02-04 2025-03-24
30000. US TREASURY NOTE 4.875% 11/30/25   2024-08-29 2025-05-06
31. AXA - ADR   2016-12-02 2025-05-20
40. DEUTSCHE BOERSE AG ADR   2020-04-23 2025-05-20
43. KROGER CO   2023-01-25 2025-05-20
15. NESTLE S.A. REGISTERED SHARES - ADR     2025-05-20
20. WILLIAMS COS INC   2020-02-04 2025-05-20
434. ALPHABET INC CL C     2025-06-16
157. META PLATFORMS INC     2025-06-16
95. TARGET CORP   2024-09-25 2025-06-16
375. TARGET CORP     2025-06-16
125. UNITED PARCEL SERVICE-CL B   2024-09-25 2025-06-16
515. UNITED PARCEL SERVICE-CL B     2025-06-16
1062. INVITATION HOMES INC   2017-05-16 2025-06-26
382. PROLOGIS INC   2015-12-23 2025-06-26
30000. US TREASURY NOTE 4.875% 11/30/25   2024-08-29 2025-07-08
20000. US TREASURY NOTE 4.625% 3/15/26   2024-01-31 2025-07-23
15000. US TREASURY NOTE 4.875% 11/30/25   2024-08-29 2025-07-23
12. DUKE ENERGY HOLDING CORP. COM   2024-05-15 2025-07-24
20. MERCK & CO INC NEW   2024-12-06 2025-07-24
13. SIEMENS AG - SPONSORED ADR   2025-02-10 2025-07-24
2. SIEMENS AG - SPONSORED ADR   2016-03-28 2025-07-24
50. HITACHI LIMITED - ADR   2025-02-07 2025-07-25
36. HITACHI LIMITED - ADR   2024-05-15 2025-07-25
1. ORIX CORPORATION - ADR   2025-03-24 2025-07-29
50. ORIX CORPORATION - ADR   2020-06-09 2025-07-29
65. ORIX CORPORATION - ADR   2020-06-09 2025-07-30
968. INVITATION HOMES INC   2017-05-16 2025-08-21
331. ISHARES RUSSELL MID-CAP VALUE   2009-09-15 2025-08-21
210. ISHARES RUSSELL 2000 VALUE ETF   2022-01-06 2025-08-21
85. ISHARES RUSSELL 2000 GROWTH ETF   2022-01-06 2025-08-21
303. PROLOGIS INC     2025-08-21
50000. SCHLUMBERGER FIN CA 1.400% 9/17/25   2021-05-18 2025-09-17
1. ABBVIE INC   2022-02-14 2025-09-23
2. AIRBUS SE - UNSP ADR   2025-03-24 2025-09-23
1. AIRBUS SE - UNSP ADR   2022-05-19 2025-09-23
1. ALLIANZ SE - UNSP ADR   2025-02-07 2025-09-23
1. ASTRAZENECA PLC ADR   2024-04-25 2025-09-23
2. AXA - ADR   2016-12-02 2025-09-23
4. BARCLAYS PLC - ADR   2024-12-24 2025-09-23
1. CME GROUP INC   2022-08-31 2025-09-23
1. CHEVRON CORP   2023-06-09 2025-09-23
2. COMCAST CORP CLASS A   2019-03-25 2025-09-23
3. DEUTSCHE BOERSE AG ADR   2020-04-23 2025-09-23
2. DEUTSCHE TELEKOM AG - ADR   2025-03-24 2025-09-23
1. DEUTSCHE POST AG ADR   2025-03-24 2025-09-23
1. DEUTSCHE POST AG ADR   2024-03-11 2025-09-23
4. HITACHI LIMITED - ADR   2024-05-15 2025-09-23
1. JOHNSON & JOHNSON   2024-08-28 2025-09-23
1. L'OREAL - ADR   2024-07-31 2025-09-23
1. MCDONALDS CORP   2024-03-11 2025-09-23
1. MERCK & CO INC NEW   2024-12-06 2025-09-23
1. MICROSOFT CORP   2024-08-28 2025-09-23
2. NESTLE S.A. REGISTERED SHARES - ADR   2024-03-11 2025-09-23
2. NEXTERA ENERGY INC   2024-08-28 2025-09-23
3. NORDEA BANK ABP - SPON ADR   2025-03-24 2025-09-23
1. NOVARTIS AG - ADR   2025-03-24 2025-09-23
1. NOVARTIS AG - ADR   2024-05-15 2025-09-23
2. NOVO NORDISK A/S - ADR   2025-03-11 2025-09-23
1. PEPSICO INC   2022-06-24 2025-09-23
1. RIO TINTO PLC - ADR   2024-04-12 2025-09-23
2. SANOFI-ADR   2025-03-24 2025-09-23
1. SANOFI-ADR   2016-05-13 2025-09-23
6. SUMITOMO TRUST AND BANKING ADR     2025-09-23
9. SUMITOMO TRUST AND BANKING ADR   2019-10-29 2025-09-23
2. TC ENERGY CORP   2023-04-03 2025-09-23
4. UNILEVER PLC - ADR   2025-03-13 2025-09-23
1. VEOLIA ENVIRONNEMENT ADR   2023-04-03 2025-09-23
1. VINCI SA ADR   2021-04-01 2025-09-23
2. WILLIAMS COS INC   2020-02-04 2025-09-23
2. COCA-COLA EUROPACIFIC PARTNE   2016-08-05 2025-09-23
1. MEDTRONIC PLC   2025-07-28 2025-09-23
12. ABBVIE INC   2022-02-14 2025-11-04
122. COMCAST CORP CLASS A     2025-11-04
9. GENUINE PARTS CO   2025-02-10 2025-11-04
16. GENUINE PARTS CO   2023-12-21 2025-11-04
40. NOVO NORDISK A/S - ADR     2025-11-04
8. PROCTER & GAMBLE CO   2025-05-20 2025-11-04
7. PROCTER & GAMBLE CO     2025-11-04
69. COCA-COLA EUROPACIFIC PARTNE   2016-08-05 2025-11-04
25000. US TREASURY NOTE 4.375% 12/15/26   2024-08-29 2025-11-10
569. CITIGROUP INC.     2025-12-12
840. COGNIZANT TECH SOLUTIONS CRP COM     2025-12-12
530. ISHARES RUSSELL MID-CAP GROWTH   2008-08-08 2025-12-12
9. MCDONALDS CORP   2024-03-11 2025-12-12
17. NESTLE S.A. REGISTERED SHARES - ADR   2025-02-10 2025-12-12
15. NESTLE S.A. REGISTERED SHARES - ADR     2025-12-12
6. SAP SE   2022-02-14 2025-12-12
63. SCHNEIDER ELECTRIC SE - ADR   2023-04-03 2025-12-12
9. SNAP ON INC   2024-03-11 2025-12-12
9. TJX COMPANIES INC     2025-12-12
330. UNITEDHEALTH GROUP INC     2025-12-12
310. MAGNUM ICE CREAM CO BV/THE     2025-12-12
3.8 MAGNUM ICE CREAM CO BV/THE   2025-03-13 2025-12-12
18.2 MAGNUM ICE CREAM CO BV/THE     2025-12-12
50000. ROYAL BANK OF CANADA 1.200% 4/27/26   2021-05-18 2025-12-15
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(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 95,736   25,360 70,376
b 49,703   13,187 36,516
c 170,824   33,005 137,819
d 25,205   36,655 -11,450
e 74,732   73,335 1,397
14,913   14,646 267
24,722   23,834 888
4,788   5,000 -212
1,070   947 123
1,626   1,073 553
2,891   1,770 1,121
3,074   2,253 821
9,952   9,764 188
59,665   13,749 45,916
18,128   2,699 15,429
40,919   66,868 -25,949
121,279   36,323 84,956
14,446   6,197 8,249
102,995   99,492 3,503
13,768   2,123 11,645
17,288   21,366 -4,078
13,721   5,809 7,912
15,076   15,117 -41
2,352   1,787 565
641   423 218
1,564   1,036 528
837   548 289
936   660 276
3,055   2,069 986
43   24 19
193   161 32
37   39 -2
28   15 13
118   103 15
120   138 -18
150   161 -11
163   164 -1
68   76 -8
65   45 20
129   150 -21
70   79 -9
151   103 48
160   166 -6
116   68 48
275   119 156
100   66 34
122   109 13
119   91 28
49   36 13
74   94 -20
17   16 1
32   27 5
61   54 7
183   54 129
30,117   30,233 -116
1,452   732 720
1,285   591 694
3,004   1,917 1,087
1,586   1,667 -81
1,171   357 814
76,853   16,752 60,101
110,153   54,059 56,094
9,211   14,804 -5,593
36,359   21,462 14,897
12,676   16,425 -3,749
52,224   57,301 -5,077
34,778   22,202 12,576
39,911   16,147 23,764
30,059   30,233 -174
20,068   20,180 -112
15,028   15,117 -89
1,437   1,239 198
1,678   2,068 -390
1,739   1,420 319
268   103 165
1,563   1,346 217
1,126   665 461
22   22  
1,120   730 390
1,473   949 524
29,621   20,237 9,384
44,925   11,734 33,191
34,861   34,924 -63
25,179   23,909 1,270
32,745   12,587 20,158
50,000   50,852 -852
224   141 83
114   91 23
57   28 29
41   33 8
76   79 -3
94   47 47
84   54 30
261   197 64
158   159 -1
63   79 -16
78   44 34
67   72 -5
44   45 -1
44   42 2
105   74 31
176   164 12
88   87 1
303   293 10
80   103 -23
509   408 101
181   215 -34
145   159 -14
49   39 10
123   111 12
123   103 20
119   156 -37
142   166 -24
63   68 -5
94   112 -18
47   39 8
102   92 10
153   65 88
107   72 35
242   235 7
17   16 1
34   27 7
123   35 88
179   74 105
95   93 2
2,574   1,693 881
3,295   4,420 -1,125
1,100   1,070 30
1,956   2,211 -255
1,941   3,123 -1,182
1,180   1,325 -145
1,032   855 177
5,989   2,550 3,439
25,186   25,285 -99
63,600   42,259 21,341
69,864   48,470 21,394
73,881   13,555 60,326
2,828   2,638 190
1,663   1,446 217
1,467   1,506 -39
1,470   713 757
3,485   2,080 1,405
3,151   2,660 491
1,404   769 635
112,726   33,879 78,847
4,854   4,199 655
59   57 2
284   208 76
49,502   49,938 -436
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
      3,487
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       70,376
b       36,516
c       137,819
d       -11,450
e       1,397
      267
      888
      -212
      123
      553
      1,121
      821
      188
      45,916
      15,429
      -25,949
      84,956
      8,249
      3,503
      11,645
      -4,078
      7,912
      -41
      565
      218
      528
      289
      276
      986
      19
      32
      -2
      13
      15
      -18
      -11
      -1
      -8
      20
      -21
      -9
      48
      -6
      48
      156
      34
      13
      28
      13
      -20
      1
      5
      7
      129
      -116
      720
      694
      1,087
      -81
      814
      60,101
      56,094
      -5,593
      14,897
      -3,749
      -5,077
      12,576
      23,764
      -174
      -112
      -89
      198
      -390
      319
      165
      217
      461
       
      390
      524
      9,384
      33,191
      -63
      1,270
      20,158
      -852
      83
      23
      29
      8
      -3
      47
      30
      64
      -1
      -16
      34
      -5
      -1
      2
      31
      12
      1
      10
      -23
      101
      -34
      -14
      10
      12
      20
      -37
      -24
      -5
      -18
      8
      10
      88
      35
      7
      1
      7
      88
      105
      2
      881
      -1,125
      30
      -255
      -1,182
      -145
      177
      3,439
      -99
      21,341
      21,394
      60,326
      190
      217
      -39
      757
      1,405
      491
      635
      78,847
      655
      2
      76
      -436
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 800,747
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 13,510
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 13,510
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 13,510
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 7,800
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 7,800
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 5,710
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10  
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax0 Refunded 11 0
For Refunded amount, also complete and attach Form 8050. See instructions.
Form 990-PF (2025)
Form 990-PF (2025)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. $   (2) On foundation managers.$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
CO
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 		119,879    
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
13,530,107
b
Average of monthly cash balances.......................
1b
385,880
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
13,915,987
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
13,915,987
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
208,740
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
13,707,247
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
685,362
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
685,362
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
13,510
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
13,510
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
671,852
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
671,852
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
671,852
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
613,774
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
613,774
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 7 671,852
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 594,852
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2025:
a From 2020...... 0
b From 2021...... 0
c From 2022...... 0
d From 2023...... 0
e From 2024...... 0
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2025 from Part
XI, line 4: $ 613,774
a Applied to 2024, but not more than line 2a 594,852
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..... 18,922
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2025. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2024. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2025. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2026 .......... 		652,930
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2020 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2021 .... 0
b Excess from 2022 .... 0
c Excess from 2023 .... 0
d Excess from 2024 .... 0
e Excess from 2025 .... 0
Form 990-PF (2025)
Form 990-PF (2025)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2025, enter the date of the ruling ......
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2025 (b) 2024 (c) 2023 (d) 2022
         
b 85% (0.85) of line 2a .......          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, 3b, or 3c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
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 DENVER

2199 S UNIVERSITY BLVD
DENVER,CO80208 		NONE   GENERAL OPERATING 225,000

DENVER CHILDRENS HOME

1501 ALBION ST
DENVER,CO80220 		NONE   GENERAL OPERATING 150,000

LADIES RELIEF SOCIETY OF DENVER

4115 W 38TH AVENUE
DENVER,CO80212 		NONE   GENERAL OPERATING 150,000

THE DENVER FOUNDATION

1009 GRANT STREET
DENVER,CO80203 		NONE   GENERAL OPERATING 75,000
Total ................................. 3a 600,000
bApproved for future payment
Total ................................. 3b  
Form 990-PF (2025)
Form 990-PF (2025)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 292,650  
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 ............ 		    18 800,747  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aROYALTY INCOME 		    1 11,487  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   1,104,884  
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,104,884
(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:
HUNTER ESTELLE CHAR-MAIN
EIN:
84-6016605
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC 1,786     1,786

TY 2025 InvestmentsCorpBondsSchedule
Name:
HUNTER ESTELLE CHAR-MAIN
EIN:
84-6016605
Name of Bond End of Year Book Value End of Year Fair Market Value
14040HBW4 CAPITAL ONE FINANCIA 49,515 49,796
20030NCA7 COMCAST CORP 51,246 49,204
416515BE3 HARTFORD FINL SVCS 50,209 47,803
9128283F5 US TREASURY NOTE 99,859 97,781
478160CK8 JOHNSON & JOHNSON 31,406 29,600
89788MAC6 TRUIST FINANCIAL COR 49,847 47,890
92277GAG2 VENTAS REALTY LP 50,692 49,995
78016EZQ3 ROYAL BANK OF CANADA    
80685XAC5 SCHLUMBERGER FIN CA    
369550AX6 GENERAL DYNAMICS COR 52,383 49,480
66989HAQ1 NOVARTIS CAPITAL COR 51,849 49,103
91282CFV8 US TREASURY NOTE 4.1 70,796 70,802
91282CDY4 US TREASURY NOTE 1.8 52,873 49,051
037833CJ7 APPLE INC 28,312 29,904
24422EWK1 JOHN DEERE CAPITAL 28,764 30,232
459200JG7 IBM CORP    
46647PDC7 VR JPMORGAN CHASE & 28,066 30,158
548661DY0 LOWE'S COS INC 18,782 22,205
91282CEC1 US TREASURY NOTE 1.8 31,735 34,353
91282CGS4 US TREASURY NOTE 55,648 59,888
91282CHC8 US TREASURY NOTE 45,115 48,069
91282CHT1 US TREASURY NOTE 64,395 69,418
91282CHW4 US TREASURY NOTE 66,702 71,231
00287YBF5 ABBVIE INC 40,182 40,443
031162DD9 AMGEN INC 23,654 24,225
036752AB9 ANTHEM INC 39,142 39,809
053332AZ5 AUTOZONE INC 14,097 14,833
06051GKK4 VR BANK OF AMERICA 26,604 27,435
120568BC3 BUNGE LTD FINANCE CO 25,606 27,546
13608JAA5 CANADIAN IMPERIAL BA 35,523 36,244
166764BY5 CHEVRON CORP 22,510 23,184
25468PDV5 WALT DISNEY COMPANY/ 38,688 39,588
26441CBT1 DUKE ENERGY CORP 24,402 24,918
337738BC1 FISERV INC 22,619 23,047
38141GYJ7 VR GOLDMAN SACHS GRO 33,680 35,824
61746BEF9 MORGAN STANLEY 39,409 39,896
63111XAJ0 NASDAQ INC 20,926 21,003
9128285M8 US TREASURY NOTE 68,321 69,218
91282CEY3 US TREASURY NOTE    
91282CFL0 US TREASURY NOTE 100,668 100,863
91282CGR6 US TREASURY NOTE    
91282CGT2 US TREASURY NOTE 14,636 15,040
91282CJL6 US TREASURY NOTE    
91282CJP7 US TREASURY NOTE 30,342 30,235
91282CKF7 US TREASURY NOTE 102,055 101,699
91282CLF6 US TREASURY NOTE 103,123 103,384
92343VFE9 VERIZON COMMUNICATIO 23,380 23,941
961214DW0 WESTPAC BANKING CORP 24,338 24,801
00206RCP5 AT&T INC 14,641 14,409
035240AQ3 ANHEUSER-BUSCH INBEV 40,994 40,806
45866FAW4 INTERCONTINENTALEXCH 29,522 30,387
459200KY6 IBM CORP 29,485 30,462
78017FZT3 VR ROYAL BANK OF CAN 50,586 50,697
91282CMM0 US TREASURY NOTE 86,952 88,231
91282CNT4 US TREASURY NOTE 25,279 25,180

TY 2025 InvestmentsCorpStockSchedule
Name:
HUNTER ESTELLE CHAR-MAIN
EIN:
84-6016605
Name of Stock End of Year Book Value End of Year Fair Market Value
46625H100 JPMORGAN CHASE & CO 34,819 304,498
548661107 LOWES COS INC 6,572 8,441
65339F101 NEXTERA ENERGY INC 2,562 5,780
80105N105 SANOFI-ADR 2,450 3,053
G5960L103 MEDTRONIC PLC 3,182 3,746
532457108 ELI LILLY & CO COM 15,667 249,326
826197501 SIEMENS AG - SPONSOR 1,487 4,059
478160104 JOHNSON & JOHNSON 6,574 8,899
872540109 TJX COMPANIES INC 2,894 6,605
87612E106 TARGET CORP    
20030N101 COMCAST CORP CLASS A    
889110102 TOKYO ELECTRON LTD-U 3,186 5,000
26441C204 DUKE ENERGY HOLDING 3,391 4,571
251542106 DEUTSCHE BOERSE AG A 2,233 3,970
150870103 CELANESE CORP    
G25839104 COCA-COLA EUROPACIFI    
25157Y202 DEUTSCHE POST AG ADR 3,922 5,305
192446102 COGNIZANT TECH SOLUT    
911312106 UNITED PARCEL SERVIC    
02079K107 ALPHABET INC CL C 35,476 472,583
172967424 CITIGROUP INC. 89,407 198,490
11135F101 BROADCOM INC 35,796 436,086
30303M102 META PLATFORMS INC 69,601 267,336
91324P102 UNITEDHEALTH GROUP I    
904767704 UNILEVER PLC - ADR    
032654105 ANALOG DEVICES INC 95,635 112,277
38141G104 GOLDMAN SACHS GROUP 2,275 7,911
87807B107 TC ENERGY CORP 3,595 5,501
867224107 SUNCOR ENERGY INC NE 139,355 190,748
594918104 MICROSOFT CORP 63,855 629,673
56501R106 MANULIFE FINANCIAL C 57,445 139,678
502441306 LVMH MOET HENNESSY U 5,949 9,350
686330101 ORIX CORPORATION - A    
459506101 INTERNATIONAL FLAVOR 5,053 3,841
G29183103 EATON CORP PLC 30,142 126,448
907818108 UNION PACIFIC CORP 47,293 95,073
742718109 PROCTER & GAMBLE CO 3,433 4,156
539830109 LOCKHEED MARTIN CORP 3,424 4,837
89151E109 TOTALENERGIES SE -SP    
609207105 MONDELEZ INTERNATION 53,212 65,942
92826C839 VISA INC-CLASS A SHR 83,809 159,573
969457100 WILLIAMS COS INC 1,292 4,328
75513E101 RTX CORP 79,918 199,906
58933Y105 MERCK & CO INC NEW 4,075 5,474
883556102 THERMO FISHER SCIENT 23,691 86,918
66987V109 NOVARTIS AG - ADR 3,572 7,307
641069406 NESTLE S.A. REGISTER 2,553 3,457
054536107 AXA - ADR 1,463 2,975
037833100 APPLE INC 21,774 659,261
86562M209 SUMITOMO TRUST AND B 2,299 6,321
17275R102 CISCO SYSTEMS INC    
09260D107 BLACKSTONE INC 51,589 121,000
S00075002 NORTH COLORADO SPRIN 1 132
747525103 QUALCOMM INC 5,959 9,066
749685103 RPM INTERNATIONAL IN 2,121 3,328
097023105 BOEING CO 112,097 136,786
803054204 SAP SE ADR 2,150 5,587
94106L109 WASTE MANAGEMENT INC 72,663 101,067
00287Y109 ABBVIE INC 86,062 152,860
H2906T109 GARMIN LTD 42,603 89,254
251566105 DEUTSCHE TELEKOM AG 3,980 5,984
927320101 VINCI SA ADR 3,494 4,928
65558R109 NORDEA BANK ABP - SP 2,593 4,392
046353108 ASTRAZENECA PLC ADR 6,230 9,009
501044101 KROGER CO    
009279100 AIRBUS SE - UNSP ADR 1,807 3,707
7591EP100 REGIONS FINL CORP NE 80,544 98,915
49271V100 KEURIG DR PEPPER INC 6,482 5,266
26875P101 EOG RESOURCES, INC 7,453 6,091
12572Q105 CME GROUP INC 5,208 7,646
713448108 PEPSICO INC 5,337 4,880
00724F101 ADOBE INC 104,980 68,948
007903107 ADVANCED MICRO DEVIC 84,946 135,992
166764100 CHEVRON CORP 7,763 7,468
372460105 GENUINE PARTS CO    
437076102 HOME DEPOT INC 90,544 94,628
580135101 MCDONALDS CORP 111,150 122,252
718172109 PHILIP MORRIS INTERN 2,061 3,368
80687P106 SCHNEIDER ELECTRIC S    
855244109 STARBUCKS CORP COM 66,732 58,947
92334N103 VEOLIA ENVIRONNEMENT 2,934 3,281
023135106 AMAZON COM INC COM 248,653 303,528
06738E204 BARCLAYS PLC - ADR 5,313 10,358
09290D101 BLACKROCK INC 34,589 117,737
43300A203 HILTON WORLDWIDE HOL 92,101 126,390
433578507 HITACHI LIMITED - AD 2,587 4,368
502117203 L'OREAL - ADR 3,215 3,169
512807306 LAM RESH CORP 45,964 210,551
571748102 MARSH & MCLENNAN COS 83,238 69,570
767204100 RIO TINTO PLC - ADR 3,460 4,402
833034101 SNAP ON INC    
G87052109 TE CONNECTIVITY PLC 38,171 122,855
00206R102 AT & T INC 5,288 5,390
002824100 ABBOTT LABS 86,849 77,680
018820100 ALLIANZ SE - UNSP AD 3,398 4,738
060505104 BANK OF AMERICA CORP 6,018 6,160
191216100 COCA COLA CO 6,103 6,222
278865100 ECOLAB INC 81,341 78,756
456837103 ING GROEP N.V. - ADR 6,301 6,468
49338L103 KEYSIGHT TECHNOLOGIE 60,171 77,212
620076307 MOTOROLA SOLUTIONS, 102,797 91,997
64110L106 NETFLIX INC 67,228 51,568
67066G104 NVIDIA CORP 83,569 107,238
79466L302 SALESFORCE INC 4,738 4,768
889094108 TOKIO MARINE HOLDING 3,573 3,254
90353T100 UBER TECHNOLOGIES IN 79,458 84,570
904767803 UNILEVER PLC ADR 87,347 96,676
931142103 WALMART INC 19,924 23,396
98419M100 XYLEM INC/NY 51,779 55,153
F92124100 TOTALENERGIES SE 122,725 149,485
N07059210 ASML HOLDING NV-NY R 54,450 74,890
N5505D105 MAGNUM ICE CREAM CO   10

TY 2025 InvestmentsOtherSchedule2
Name:
HUNTER ESTELLE CHAR-MAIN
EIN:
84-6016605
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
MIX021031 TELLER CO. CO MI AT COST 1 62,250
922020706 VANGUARD S/T INFL PR AT COST 120,378 114,822
52106N459 LAZARD GL LIST INFRA AT COST 37,391 46,662
29444U700 EQUINIX INC AT COST 1,485 3,831
464287473 ISHARES RUSSELL MID- AT COST 136,603 592,269
09260C703 BLACKROCK CRED REL V AT COST 214,783 190,232
78463X863 SPDR DJ WILSHIRE INT AT COST 95,061 98,392
922042858 VANGUARD FTSE EMERGI AT COST 251,027 366,052
46187W107 INVITATION HOMES INC      
74340W103 PROLOGIS INC      
464287630 ISHARES RUSSELL 2000 AT COST 237,573 518,079
IWI993008 IRONWOOD INSTITUTION AT COST 200,000 214,036
464287648 ISHARES RUSSELL 2000 AT COST 226,994 616,949
464288588 ISHARES MBS ETF AT COST 64,942 57,418
464287481 ISHARES RUSSELL MID- AT COST 112,765 806,029
46090F100 INVESCO OPTIMUM YIEL AT COST 149,893 97,308
41015K722 JOHN HANCOCK II-ALT AT COST 193,880 200,006
589509207 MERGER FUND-INST #30 AT COST 45,000 45,000
77958B402 T ROWE PRICE INST FL AT COST 145,000 144,614
19248X604 COHEN & STEERS PR SE AT COST 75,000 75,119
74256W626 PRINCIPAL HIGH YIELD AT COST 100,000 99,555

TY 2025 OtherDecreasesSchedule
Name:
HUNTER ESTELLE CHAR-MAIN
EIN:
84-6016605
Description Amount
MUTUAL FUND TIMING ADJ 2,149
CY PURCHASE OF ACCRUED INTEREST 547
ROC ON CY SALES 3
PY RETURN OF CAPITAL ADJUSTMENT 1,452
ROUNDING 12


TY 2025 OtherExpensesSchedule
Name:
HUNTER ESTELLE CHAR-MAIN
EIN:
84-6016605
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT EXPENSES - ADR FEES 270 270   0
OTHER EXPENSE (NON-DEDUCTIBLE 5 5   0
ROYALTY EXPENSE 765 765   0


TY 2025 OtherIncomeSchedule2
Name:
HUNTER ESTELLE CHAR-MAIN
EIN:
84-6016605
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
ROYALTY INCOME 11,487 11,487  


TY 2025 OtherIncreasesSchedule
Name:
HUNTER ESTELLE CHAR-MAIN
EIN:
84-6016605
Description Amount
PY PURCHASE OF ACCRUED INTEREST 1,765
TAX LOT BASIS ADJUSTMENT 4,449


TY 2025 OtherProfessionalFeesSchedule
Name:
HUNTER ESTELLE CHAR-MAIN
EIN:
84-6016605
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMNT MNGMNT FEES (NON-DED 13,875 13,875    


TY 2025 TaxesSchedule
Name:
HUNTER ESTELLE CHAR-MAIN
EIN:
84-6016605
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 7,353 7,353   0
FEDERAL TAX PAYMENT - PRIOR YE 1,714 0   0
FEDERAL ESTIMATES - PRINCIPAL 7,800 0   0
FOREIGN TAXES ON NONQUALIFIED 836 836   0