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
CLOUDSLEDGE CONSERVATION TRUST
 
Number and street (or P.O. box number if mail is not delivered to street address) PO BOX 158
  Room/suite
City or town
HOPE
State or province
ID
Country  
ZIP or foreign postal code
83836
A Employer identification number

82-0485545
B Telephone number (see instructions)

2062641167
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)$10,342,762J 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... 409,086 409,086 409,086
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 29,908
b Gross sales price for all assets on line 6a 836,881
7 Capital gain net income (from Part IV, line 2)... 29,908
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........ 438,994 438,994 409,086
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 33,996 1,500 1,500 32,496
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
13,841 6,921 6,921 6,920
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
26,998 115 115 26,883
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
101,552 0 0
20 Occupancy.............. 7,129 0 0 7,129
21 Travel, conferences, and meetings....... 1,852 0 0 1,852
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
174,957 0 0 174,957
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 360,325 8,536 8,536 250,237
25 Contributions, gifts, grants paid....... 12,000 12,000
26 Total expenses and disbursements. Add lines 24 and 25 ................ 372,325 8,536 8,536 262,237
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 66,669
b Net investment income (if negative, enter -0-) 430,458
c Adjusted net income (if negative, enter -0-)... 400,550
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............. 60,700 53,651 53,651
2 Savings and temporary cash investments......... 196,122 546,907 546,907
3 Accounts receivable  
Less: allowance for doubtful accounts        
4 Pledges receivable  
Less: allowance for doubtful accounts        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule)  
Less: allowance for doubtful accounts        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 54,297 Click to see attachment
List of Attached Documents:
// Content
55,428 		55,428
b Investments—corporate stock (attach schedule)....... 1,560,939 Click to see attachment
List of Attached Documents:
// Content
1,494,533 		1,494,533
c Investments—corporate bonds (attach schedule)....... 2,601,255 Click to see attachment
List of Attached Documents:
// Content
2,453,607 		2,453,607
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans............. 21,253 19,766 19,766
13 Investments—other (attach schedule).......... 2,257,653 Click to see attachment
List of Attached Documents:
// Content
2,435,875 		2,435,875
14 Land, buildings, and equipment: basis 4,214,431
Less: accumulated depreciation (attach schedule) 932,618 3,300,412 Click to see attachment
List of Attached Documents:
// Content
3,281,813 		3,281,815
15 Other assets (describe ) Click to see attachment
List of Attached Documents:
// Content
1,180 		Click to see attachment
List of Attached Documents:
// Content
1,180 		Click to see attachment
List of Attached Documents:
// Content
1,180
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 10,053,811 10,342,760 10,342,762
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 ) Click to see attachment
List of Attached Documents:
// Content
188 		Click to see attachment
List of Attached Documents:
// Content
470
23 Total liabilities (add lines 17 through 22)......... 188 470
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........ 10,053,623 10,342,290
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 10,053,623 10,342,290
30 Total liabilities and net assets/fund balances (see instructions). 10,053,811 10,342,760
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
10,053,623
2
Enter amount from Part I, line 27a .....................
2
66,669
3
Other increases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
3
221,998
4
Add lines 1, 2, and 3 ..........................
4
10,342,290
5
Decreases not included in line 2 (itemize)
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
10,342,290
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 PUBLICLY TRADED INVESTMENTS P    
b
c
d
e
(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 836,881   806,973 29,908
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       29,908
b
c
d
e
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 29,908
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 0
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 5,983
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 5,983
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 5,983
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 9,720
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 9,720
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 3,737
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax3,737 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. $ 0(2) On foundation managers.$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$ 0
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)
ID
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
Yes
 
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressWWW.CLOUDSLEDGE.ORG
14
The books are in care ofJOANNA SELLS Telephone no. (208) 266-1167

Located atP O BOX 158HOPEID ZIP+483836
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
JOANNA SELLS TRUSTEE
8.00 		15,996 0 0
PO BOX 158
HOPE,ID83836
DOUGLAS ARTHUR GREEN TRUSTEE
8.00 		15,000 0 0
PO BOX 158
HOPE,ID83836
CHARLES HENDERSON JR INTERIM TRUSTEE
1.00 		3,000 0 0
PO BOX 158
HOPE,ID83836
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
H & H ELECTRIC MANAGEMENT SERVICES 112,870
547 MOUNTAIN VIEW RD
CLARK FORK,ID83811
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 IN ACCORDANCE WITH THE PURPOSES OF THE TRUST, "TO PRESERVE IN PERPETUITY THE CLOUDSLEDGE FOREST BY SILVICULTURE": DEAD AND DYING TREES WERE CAREFULLY REMOVED FROM THE FOREST OR INCORPORATED TO IMPROVE SOIL STABILITY OR WILDLIFE HABITAT. SEEDLING PONDEROSA PINE, WESTERN LARCH, AND WESTERN WHITE PINE WERE PLANTED TO REPLACE DYING DOUGLAS FIR AND OTHER SPECIES. NOXIOUS WEEDS WERE SPRAYED, PULLED OR TREATED WITH BIOLOGICAL CONTROL. BUILDINGS AND/OR INFRASTRUCTURE WERE REPAIRED, UPDATED OR REPLACED AS NECESSARY. GOODWILL GRANTS WERE AWARDED IN THE LOCAL COMMUNITY, AND GROUPS OF PEOPLE VISITED THE FOREST FOR RECREATION, EDUCATION AND SCIENTIFIC PURPOSES. 234,233
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................0
Form 990-PF (2025)
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
6,459,327
b
Average of monthly cash balances.......................
1b
476,990
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
6,936,317
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
6,936,317
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
104,045
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
6,832,272
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
341,614
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
 
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
 
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
 
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
 
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
 
6
Deduction from distributable amount (see instructions) .................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
 
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
262,237
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
82,953
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
345,190
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  
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2025:
a From 2020......  
b From 2021......  
c From 2022......  
d From 2023......  
e From 2024......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2025 from Part
XI, line 4: $  
a Applied to 2024, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions) ..... 		 
c Treated as distributions out of corpus (Election
required—see instructions) ........ 		 
d Applied to 2025 distributable amount.....  
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2025.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2024. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2025. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2026 .......... 		 
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2020 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		 
10 Analysis of line 9:
a Excess from 2021 ....  
b Excess from 2022 ....  
c Excess from 2023 ....  
d Excess from 2024 ....  
e Excess from 2025 ....  
Form 990-PF (2025)
Form 990-PF (2025)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2025, enter the date of the ruling ......
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2025 (b) 2024 (c) 2023 (d) 2022
341,614 336,882 318,313 295,175 1,291,984
b 85% (0.85) of line 2a ....... 290,372 286,350 270,566 250,899 1,098,186
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		345,190 368,931 337,458 408,906 1,460,485
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		5,000 1,000 3,000 3,000 12,000
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		340,190 367,931 334,458 405,906 1,448,485
3 Complete 3a, 3b, or 3c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......         0
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		         0
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		227,743 224,588 212,209 229,959 894,499
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) .... 		        0
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		        0
(3) Largest amount of support
from an exempt organization		         0
(4) Gross investment income         0
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, 2b, 2c, and 2d. See instructions
aThe name, address, and telephone number or 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

BONNER SOIL & WATER CONSERVATION DISTRICT

1224 WASHINGTION AVE SUITE 101
SANDPOINT,ID83864 		N/A   PEND OREILLE WATER FESTIVAL 2025 1,000

HOPE SCHOOL

225 HOPE SCHOOL RD
HOPE,ID83836 		N/A   GRANT FUNDING FOR FIELD TRIPS 7,000

PANHANDLE SPECIAL NEEDS

1425 N BOYER
SANDPOINT,ID83864 		N/A   ARTS PROGRAM 4,000
Total ................................. 3a 12,000
bApproved for future payment
Total ................................. 3b 0
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 ....     14 409,086  
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 29,908  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 438,994 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
438,994
(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)
Yes
 
(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
1a(1) 1,000 BONNER SOIL AND WATER CONSERVATION DISTRICT GRANT TO A STATE WATER CONSERVATION DISTRICT
1a(1) 7,000 HOPE SCHOOL GRANT TO A PUBLIC SCHOOL
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:
CLOUDSLEDGE CONSERVATION TRUST
EIN:
82-0485545
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 13,841 6,921 6,921 6,920

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2025 DepreciationSchedule
Name:
CLOUDSLEDGE CONSERVATION TRUST
EIN:
82-0485545
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
358 42 ACRES HOPE ID 2001-10-31 841,500   L   0 0 0  
21429 ACRES HOPE ID 2001-10-31 135,700   L   0 0 0  
110 ACRES HOPE ID 2001-10-31 16,645   L   0 0 0  
2.070 ACRES HOPE ID 2001-10-31 248   L   0 0 0  
147 ACRES HOPE ID 2001-10-31 100   L   0 0 0  
HOUSEHOLD FURNISHINGS 2001-10-31 2,500   L 7.000000000000 0 0 0  
TOOLS AND YARD EQUIPMENT 2001-10-31 1,000   L 7.000000000000 0 0 0  
PERSONAL EFFECTS 2001-10-31 750   L 7.000000000000 0 0 0  
ELECTRICAL WORK 2006-04-13 2,040 975 SL 39.000000000000 52 0 52  
WATER TANK 2006-08-30 2,120 990 SL 39.000000000000 54 0 54  
BATHROOM FIXTURES 2006-11-06 4,343 2,017 SL 39.000000000000 111 0 111  
SEPTIC TANK 2006-10-06 7,897 3,688 SL 39.000000000000 202 0 202  
WHEEL BARROW 2006-02-06 128 128 SL 7.000000000000 0 0 0  
AIR COMPRESSOR 2006-03-09 322 322 SL 7.000000000000 0 0 0  
APPLIANCE 2006-05-10 1,099 1,099 SL 7.000000000000 0 0 0  
IMPROVEMENT JUNE 2008 2008-06-27 17,231 7,293 SL 39.000000000000 442 0 442  
IMPROVEMENT JULY 2008 2008-07-14 4,390 1,864 SL 39.000000000000 113 0 113  
IMPROVEMENT NOV 2008 2008-11-17 7,549 3,120 SL 39.000000000000 194 0 194  
IMPROVEMENT 7/30/09 2009-07-30 15,776 6,244 SL 39.000000000000 405 0 405  
IMPROVEMENT 2007-01-01 10,000 4,608 SL 39.000000000000 256 0 256  
IMPROVEMENT 2007-01-01 42,178 19,459 SL 39.000000000000 1,081 0 1,081  
IMPROVEMENT 2007-08-16 4,885 2,167 SL 39.000000000000 125 0 125  
IMPROVEMENT 2007-10-30 8,428 3,708 SL 39.000000000000 216 0 216  
IMPROVEMENT MAY 2008 2008-05-28 4,714 2,007 SL 39.000000000000 121 0 121  
IMPROVEMENT JULY 2008 2008-07-01 132,945 56,249 SL 39.000000000000 3,409 0 3,409  
IMPROVEMENT JULY 2008 2008-07-18 2,016 854 SL 39.000000000000 52 0 52  
IMPROVEMENT NOV 2008 2008-11-21 41,134 16,968 SL 39.000000000000 1,055 0 1,055  
WEATHER STATION EQUIPMENT 2008-09-02 1,373 1,373 SL 7.000000000000 0 0 0  
IMPROVEMENT 7/16/09 2009-07-16 10,477 4,147 SL 39.000000000000 269 0 269  
IMPROVEMENT 10/14/09 2009-10-14 8,897 3,477 SL 39.000000000000 228 0 228  
IMPROVEMENT 10/29/09 2009-10-29 20,920 8,129 SL 39.000000000000 536 0 536  
IMPROVEMENT 11/02/09 2009-11-02 917 364 SL 39.000000000000 24 0 24  
IMPROVEMENT 12/30/09 2009-12-30 14,000 5,385 SL 39.000000000000 359 0 359  
IMPROVEMENT 6/30/09 2009-06-30 44,627 17,732 SL 39.000000000000 1,144 0 1,144  
COLUMBIA TRACTOR 2010-04-07 10,282 10,282 SL 7.000000000000 0 0 0  
IMPROVEMENT 1/1/10 2010-01-01 10,170 3,915 SL 39.000000000000 261 0 261  
IMPROVEMENT JAN 2010 2010-01-01 20,466 7,875 SL 39.000000000000 525 0 525  
IMPROVEMENT JUNE 2010 2010-06-30 1,169 435 SL 39.000000000000 30 0 30  
IMPROVEMENT JULY 2010 2010-07-31 79,975 29,568 SL 39.000000000000 2,051 0 2,051  
IMPROVEMENT AUG 2010 2010-08-31 2,966 1,089 SL 39.000000000000 76 0 76  
IMPROVEMENT NOV 2010 2010-11-30 14,235 5,140 SL 39.000000000000 365 0 365  
RIECHER PROPERTY 2010-11-30 1,550   L   0 0 0  
PAINTING COTTAGE 2011-05-25 4,735 1,644 SL 39.000000000000 121 0 121  
PAINTING MAIN HOUSE INTERIOR AND DOORS 2011-06-02 8,420 2,934 SL 39.000000000000 216 0 216  
SCREEN PROJECTOR SOUND SYSTEM: COTTAGE 2011-09-13 5,530 5,530 SL 7.000000000000 0 0 0  
ELECTRIC WIRING COTTAGE SOUND SYSTEM 2011-10-19 2,975 1,001 SL 39.000000000000 76 0 76  
BUILD RAISED BEDS FOR SEEDLINGS 2011-08-12 12,802 11,445 SL 15.000000000000 853 0 853  
REPAVING DRIVEWAYS 2011-11-28 138,480 120,785 SL 15.000000000000 9,232 0 9,232  
AIR CONDITIONER 2012-05-07 11,859 3,851 SL 39.000000000000 304 0 304  
CHIMNEY AND WALL OF MAIN HOUSE 2012-08-21 8,212 2,602 SL 39.000000000000 211 0 211  
POWER UPGRADE OF ALPINE HOUSE 2012-12-18 7,448 2,292 SL 39.000000000000 191 0 191  
GROUNDS IMPROVEMENT 2012-08-16 29,750 19,577 SL 39.000000000000 763 0 763  
HOPE IDAHO LAND SURVEY 2012-10-08 13,395   L   0 0 0  
DENTON PROPERTY 2012-11-12 169,550   L   0 0 0  
BLISSFUL ACRES PROPERTY - RAW LAND 2012-11-07 170,155   L   0 0 0  
RIECHART PROPERTY * 2012-06-21 346,958   L   0 0 0  
PICNIC TABLES 2012-04-26 7,794 7,791 SL 7.000000000000 0 0 0  
BLISSFUL ACRES PROPERTY DRAIN FIELDS 2012-11-07 6,000 4,867 SL 15.000000000000 400 0 400  
BLISSFUL ACRES PROPERTY GRAVEL ACCESS 2012-11-07 10,000 8,115 SL 15.000000000000 667 0 667  
ELECTRIC RANGE AND HOOD 2013-05-02 2,026 2,023 SL 7.000000000000 0 0 0  
DISPLAY 2013-08-01 1,300 1,300 SL 7.000000000000 0 0 0  
REFRIGERATOR 2013-05-10 1,649 1,649 SL 7.000000000000 0 0 0  
FIRE PROTECTION INSTALLATION 2013-09-11 31,170 23,551 SL 15.000000000000 2,078 0 2,078  
HOPE IDAHO LAND SURVEY 2013-09-11 8,520   L   0 0 0  
DENTON PROPERTY LAND SURVEY 2013-05-22 5,022   L   0 0 0  
MAIN HOUSE IMPROVEMENTS 2013-10-04 55,001 15,863 SL 39.000000000000 1,410 0 1,410  
COUGAR CREEK SOUTH 2014-04-03 151,400   L   0 0 0  
TAC HOUSE REPAIRS 2014-07-18 13,494 3,604 SL 39.000000000000 346 0 346  
DYNAMITE SHED REPAIRS 2014-08-21 15,485 4,102 SL 39.000000000000 397 0 397  
LOAFING SHED REPAIRS 2014-10-21 20,428 5,327 SL 39.000000000000 524 0 524  
FIREWOOD SPLITTER 2014-05-12 1,060 1,057 SL 7.000000000000 0 0 0  
ORE CAR 2014-05-12 3,085 3,085 SL 7.000000000000 0 0 0  
CAMERA SECURITY SYSTEM 2014-10-20 3,110 3,110 SL 7.000000000000 0 0 0  
COUGAR CREEK NORTH 2014-04-03 25,000   L   0 0 0  
MAIN HOUSE LAUNDRY ADDITION 2015-11-09 78,474 18,443 SL 39.000000000000 2,012 0 2,012  
TUNNEL IMPROVEMENT PROJECT 2016-12-01 118,627 47,942 SL 20.000000000000 5,931 0 5,931  
PRECISION CHEMICAL 2016-05-09 4,938 4,935 SL 7.000000000000 0 0 0  
TUNNEL IMPROVEMENT PROJECT 2017-09-15 49,766 18,245 SL 20.000000000000 2,488 0 2,488  
WATER STORAGE TANKS 2017-03-29 9,438 3,658 SL 20.000000000000 472 0 472  
NEW PUMPS @ UPPER SPRING & MAIN HOUSE 2017-10-22 5,445 5,445 SL 7.000000000000 0 0 0  
2018 BOBCAT E45 BOBCAT EXACAVATOR MINI/COMPAC 2018-06-29 115,613 107,354 SL 7.000000000000 8,259 0 8,259  
2007 FORD 4X4 AXLE DUMP TRUCK 2018-12-06 67,500 58,662 SL 7.000000000000 8,838 0 8,838  
2020 6X12 BIG TANDEM AXLE DUMP TRAILER 2019-12-31 6,192 4,425 SL 7.000000000000 885 0 885  
2020 5X8 BIG TEX SINGLE AXLE DUMP TRAILER 2019-12-31 4,194 2,995 SL 7.000000000000 599 0 599  
LANDSCAPE BUCKET FOR THE EXCAVATOR 2020-06-09 1,655 1,082 SL 7.000000000000 236 0 236  
BULLDOZER FOR MR PROJECT 2020-06-06 5,009 3,281 SL 7.000000000000 716 0 716  
MEADOW RANCH PROJECT PHASE 1 2022-01-11 444,163 34,167 SL 39.000000000000 11,389 0 11,389  
BULLDOZER FOR MR PROJECT 2020-06-27 3,683 2,367 SL 7.000000000000 526 0 526  
BLISSFUL ACRES ENTRY GRAVEL AND GRADING 2022-04-21 28,670 1,960 SL 39.000000000000 735 0 735  
CHIPPER 2023-03-30 65,487 16,371 SL 7.000000000000 9,355 0 9,355  
SIDING/DRYWALL/DECKS 2023-05-15 6,810 291 SL 39.000000000000 175 0 175  
SIDING/DRYWALL/DECKS 2023-07-03 1,596 61 SL 39.000000000000 41 0 41  
KITCHEN FLOORING 2023-06-21 8,695 2,609 SL 5.000000000000 1,739 0 1,739  
MEADOW RANCH PROJECT PHASE 2 2024-08-01 189,366 2,023 SL 39.000000000000 4,856 0 4,856  
DENTON SLOUGH HWY APPROACH 2023-01-20 7,548 964 SL 15.000000000000 503 0 503  
2012 F250 TRUCK 2024-06-05 48,097 4,008 SL 7.000000000000 6,871 0 6,871  
CISTERN 2025-10-15 31,250   SL 15.000000000000 521 0 521  
JOHN DEERE TRACTOR 2025-09-15 59,000   SL 7.000000000000 2,810 0 2,810  
SHOP BATHROOM 2025-11-15 11,740   SL 39.000000000000 50 0 50  

TY 2025 InvestmentsCorpBondsSchedule
Name:
CLOUDSLEDGE CONSERVATION TRUST
EIN:
82-0485545
Name of Bond End of Year Book Value End of Year Fair Market Value
BELLSOUTH TELECOMM BONDS 46,778 46,778
ENTERPRISE SERVICES LLC 10,583 10,583
DUKE CAPITAL CORP 42,863 42,863
INTEL CORP 57,204 57,204
KOHLS CORPORATION 19,773 19,773
BOEING CO 53,834 53,834
CITIGROUP INC 6,410 6,410
VERIZON MARYLAND INC 49,840 49,840
PRUDENTIAL FINANCIAL INC 78,519 78,519
WYETH 56,115 56,115
GE CAPITAL INTERNOTES 15,371 15,371
WESTERN UNION CO (DUE 2036) 78,117 78,117
HOWMET AEROSPACE INC 54,056 54,056
JOHNSON & JOHNSON 44,543 44,543
GOLDMAN SACHS GROUP INC 83,728 83,728
CISCO SYSTEMS INC 51,823 51,823
WESTERN UNION CO/THE (DUE 2040) 61,469 61,469
KRAFT FOODS GRP INC 9,176 9,176
CBS CORP 36,858 36,858
DOW CHEMICAL CO/THE 19,790 19,790
AT&T INC 134,982 134,982
PARAMOUNT GLOBAL 18,117 18,117
MOTOROLA SOLUTIONS INC 24,355 24,355
HP ENTERPRISE CO 115,845 115,845
LEHMAN BROS HLDG INC 10 10
PRUDENTIAL FINL INC NOTES 56,019 56,019
CITIGROUP INC MEDIUM TERM SR 100,092 100,092
US BANCORP MEDIUM TERM NTS 101,036 101,036
WELLS FARGO & CO SR GLOBAL NTS 79,023 79,023
MICROSOFT CORP NOTE 3.50% 94,428 94,428
ORACLE CORP NOTE 86,349 86,349
MICROSOFT CORP NOTE 5.20% 130,989 130,989
AT&T INC NT 196,894 196,894
MICROSOFT CORP NOTE 4.50% 72,854 72,854
INTEL CORP SR NT 81,317 81,317
AT&T INC NOTE 4.80% 88,196 88,196
JPMORGAN CHASE & CO MEDIUM 98,499 98,499
GOLDMAN SACHS GROUP INC SER N 97,752 97,752

TY 2025 InvestmentsCorpStockSchedule
Name:
CLOUDSLEDGE CONSERVATION TRUST
EIN:
82-0485545
Name of Stock End of Year Book Value End of Year Fair Market Value
VERIZON COMMUNICATIONS COM 3,503 3,503
VODAFONE GROUP PLC NEW 2,351 2,351
ABBVIE INC 228,490 228,490
CHEVRON CORP 152,410 152,410
CROWDSTRIKE HLDS INC 83,439 83,439
FORD MOTOR CO DEL 262,400 262,400
HEALTHPEAK PPTYS INC 128,640 128,640
PFIZER INC 249,000 249,000
UNITED PARCEL SERVICE INC CI B 99,190 99,190
VERIZON COMMUNICATIONS 285,110 285,110

TY 2025 InvestmentsGovtObligationsSch
Name:
CLOUDSLEDGE CONSERVATION TRUST
EIN:
82-0485545
US Government Securities - End of Year Book Value:

0
US Government Securities - End of Year Fair Market Value:

0
State & Local Government Securities - End of Year Book Value:


55,428
State & Local Government Securities - End of Year Fair Market Value:


55,428


TY 2025 InvestmentsOtherSchedule2
Name:
CLOUDSLEDGE CONSERVATION TRUST
EIN:
82-0485545
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
FT BUILD AMERICA BONDS SER 26 FMV 23,958 23,958
VK BLD AMERICA BDS INCM TR 11 FMV 15,170 15,170
VK BLD AMER BONDS INCM TR 26 FMV 24,510 24,510
VK INSURED INCOME TR SER 101 FMV 12,481 12,481
VK LONG TERM INVT GRADE TR 54 FMV 40,543 40,543
INVSC PREFERRED FMV 157,956 157,956
ISHARS TRUST ETF FMV 167,648 167,648
AMERICAN BOND FUND OF AMER A FMV 79,421 79,421
AMERICAN CAPITAL WORLD BOND A FMV 45,786 45,786
AMERICAN HIGH-INCOME TRUST A FMV 164,362 164,362
AMERICAN INC FUND OF AMER A FMV 396,631 396,631
AMERICAN INT BD FD OF AMER A FMV 73,815 73,815
AMERICAN INVEST CO OF AMER A FMV 649,255 649,255
C&S PREFERRED SECS & INCOME A FMV 267,350 267,350
FEDERATED PRIME CASH OBLGS WS FMV 316,989 316,989

TY 2025 LandEtcSchedule2
Name:
CLOUDSLEDGE CONSERVATION TRUST
EIN:
82-0485545
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
358 42 ACRES HOPE ID 841,500 0 841,500 841,500
21429 ACRES HOPE ID 135,700 0 135,700 135,700
110 ACRES HOPE ID 16,645 0 16,645 16,645
2.070 ACRES HOPE ID 248 0 248 248
147 ACRES HOPE ID 100 0 100 100
HOUSEHOLD FURNISHINGS 2,500 0 2,500 2,500
TOOLS AND YARD EQUIPMENT 1,000 0 1,000 1,000
PERSONAL EFFECTS 750 0 750 750
ELECTRICAL WORK 2,040 1,027 1,013 1,013
WATER TANK 2,120 1,044 1,076 1,076
BATHROOM FIXTURES 4,343 2,128 2,215 2,215
SEPTIC TANK 7,897 3,890 4,007 4,007
WHEEL BARROW 128 128 0 0
AIR COMPRESSOR 322 322 0 0
APPLIANCE 1,099 1,099 0 0
IMPROVEMENT JUNE 2008 17,231 7,735 9,496 9,496
IMPROVEMENT JULY 2008 4,390 1,977 2,413 2,413
IMPROVEMENT NOV 2008 7,549 3,314 4,235 4,235
IMPROVEMENT 7/30/09 15,776 6,649 9,127 9,127
IMPROVEMENT 10,000 4,864 5,136 5,136
IMPROVEMENT 42,178 20,540 21,638 21,638
IMPROVEMENT 4,885 2,292 2,593 2,593
IMPROVEMENT 8,428 3,924 4,504 4,504
IMPROVEMENT MAY 2008 4,714 2,128 2,586 2,586
IMPROVEMENT JULY 2008 132,945 59,658 73,287 73,287
IMPROVEMENT JULY 2008 2,016 906 1,110 1,110
IMPROVEMENT NOV 2008 41,134 18,023 23,111 23,111
WEATHER STATION EQUIPMENT 1,373 1,373 0 0
IMPROVEMENT 7/16/09 10,477 4,416 6,061 6,061
IMPROVEMENT 10/14/09 8,897 3,705 5,192 5,192
IMPROVEMENT 10/29/09 20,920 8,665 12,255 12,255
IMPROVEMENT 11/02/09 917 388 529 529
IMPROVEMENT 12/30/09 14,000 5,744 8,256 8,256
IMPROVEMENT 6/30/09 44,627 18,876 25,751 25,751
COLUMBIA TRACTOR 10,282 10,282 0 0
IMPROVEMENT 1/1/10 10,170 4,176 5,994 5,994
IMPROVEMENT JAN 2010 20,466 8,400 12,066 12,066
IMPROVEMENT JUNE 2010 1,169 465 704 704
IMPROVEMENT JULY 2010 79,975 31,619 48,356 48,356
IMPROVEMENT AUG 2010 2,966 1,165 1,801 1,801
IMPROVEMENT NOV 2010 14,235 5,505 8,730 8,730
RIECHER PROPERTY 1,550 0 1,550 1,550
PAINTING COTTAGE 4,735 1,765 2,970 2,970
PAINTING MAIN HOUSE INTERIOR AND DOORS 8,420 3,150 5,270 5,270
SCREEN PROJECTOR SOUND SYSTEM: COTTAGE 5,530 5,530 0 0
ELECTRIC WIRING COTTAGE SOUND SYSTEM 2,975 1,077 1,898 1,898
BUILD RAISED BEDS FOR SEEDLINGS 12,802 12,298 504 504
REPAVING DRIVEWAYS 138,480 130,017 8,463 8,463
AIR CONDITIONER 11,859 4,155 7,704 7,704
CHIMNEY AND WALL OF MAIN HOUSE 8,212 2,813 5,399 5,399
POWER UPGRADE OF ALPINE HOUSE 7,448 2,483 4,965 4,965
GROUNDS IMPROVEMENT 29,750 20,340 9,410 9,410
HOPE IDAHO LAND SURVEY 13,395 0 13,395 13,395
DENTON PROPERTY 169,550 0 169,550 169,550
BLISSFUL ACRES PROPERTY - RAW LAND 170,155 0 170,155 170,155
RIECHART PROPERTY * 346,958 0 346,958 346,958
PICNIC TABLES 7,794 7,791 3 3
BLISSFUL ACRES PROPERTY DRAIN FIELDS 6,000 5,267 733 733
BLISSFUL ACRES PROPERTY GRAVEL ACCESS 10,000 8,782 1,218 1,218
ELECTRIC RANGE AND HOOD 2,026 2,023 3 3
DISPLAY 1,300 1,300 0 0
REFRIGERATOR 1,649 1,649 0 0
FIRE PROTECTION INSTALLATION 31,170 25,629 5,541 5,541
HOPE IDAHO LAND SURVEY 8,520 0 8,520 8,520
DENTON PROPERTY LAND SURVEY 5,022 0 5,022 5,022
MAIN HOUSE IMPROVEMENTS 55,001 17,273 37,728 37,728
COUGAR CREEK SOUTH 151,400 0 151,400 151,400
TAC HOUSE REPAIRS 13,494 3,950 9,544 9,544
DYNAMITE SHED REPAIRS 15,485 4,499 10,986 10,986
LOAFING SHED REPAIRS 20,428 5,851 14,577 14,577
FIREWOOD SPLITTER 1,060 1,057 3 3
ORE CAR 3,085 3,085 0 0
CAMERA SECURITY SYSTEM 3,110 3,110 0 0
COUGAR CREEK NORTH 25,000 0 25,000 25,000
MAIN HOUSE LAUNDRY ADDITION 78,474 20,455 58,019 58,019
TUNNEL IMPROVEMENT PROJECT 118,627 53,873 64,754 64,754
PRECISION CHEMICAL 4,938 4,935 3 3
TUNNEL IMPROVEMENT PROJECT 49,766 20,733 29,033 29,033
WATER STORAGE TANKS 9,438 4,130 5,308 5,308
NEW PUMPS @ UPPER SPRING & MAIN HOUSE 5,445 5,445 0 0
2018 BOBCAT E45 BOBCAT EXACAVATOR MINI/COMPAC 115,613 115,613 0 0
2007 FORD 4X4 AXLE DUMP TRUCK 67,500 67,500 0 0
2020 6X12 BIG TANDEM AXLE DUMP TRAILER 6,192 5,310 882 882
2020 5X8 BIG TEX SINGLE AXLE DUMP TRAILER 4,194 3,594 600 600
LANDSCAPE BUCKET FOR THE EXCAVATOR 1,655 1,318 337 337
BULLDOZER FOR MR PROJECT 5,009 3,997 1,012 1,012
MEADOW RANCH PROJECT PHASE 1 444,163 45,556 398,607 398,607
BULLDOZER FOR MR PROJECT 3,683 2,893 790 790
BLISSFUL ACRES ENTRY GRAVEL AND GRADING 28,670 2,695 25,975 25,975
CHIPPER 65,487 25,726 39,761 39,761
SIDING/DRYWALL/DECKS 6,810 466 6,344 6,344
SIDING/DRYWALL/DECKS 1,596 102 1,494 1,494
KITCHEN FLOORING 8,695 4,348 4,347 4,347
MEADOW RANCH PROJECT PHASE 2 189,366 6,879 182,487 182,487
DENTON SLOUGH HWY APPROACH 7,548 1,467 6,081 6,081
2012 F250 TRUCK 48,097 10,879 37,218 37,218
CISTERN 31,250 521 30,729 30,729
JOHN DEERE TRACTOR 59,000 2,810 56,190 56,190
SHOP BATHROOM 11,740 50 11,690 11,690


TY 2025 OtherAssetsSchedule
Name:
CLOUDSLEDGE CONSERVATION TRUST
EIN:
82-0485545
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
DEPOSITS 1,180 1,180 1,180


TY 2025 OtherExpensesSchedule
Name:
CLOUDSLEDGE CONSERVATION TRUST
EIN:
82-0485545
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INSURANCE 32,348 0 0 32,348
BANK FEES 142 0 0 142
REPAIRS AND MAINTENANCE 5,496 0 0 5,496
SUPPLIES 11,725 0 0 11,725
OFFICE EXPENSE 1,532 0 0 1,532
SOFTWARE 2,367 0 0 2,367
SILVICULTURE EXPENSES 103,090 0 0 103,090
EQUIPMENTAL RENTAL 6,800 0 0 6,800
SMALL TOOLS 11,457 0 0 11,457


TY 2025 OtherIncreasesSchedule
Name:
CLOUDSLEDGE CONSERVATION TRUST
EIN:
82-0485545
Description Amount
UNREALIZED GAINS AND LOSSES 221,998


TY 2025 OtherLiabilitiesSchedule
Name:
CLOUDSLEDGE CONSERVATION TRUST
EIN:
82-0485545
Description Beginning of Year - Book Value End of Year - Book Value
UNDEPOSITED PAYROLL TAX WITHHOLDING 188 470


TY 2025 TaxesSchedule
Name:
CLOUDSLEDGE CONSERVATION TRUST
EIN:
82-0485545
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PROPERTY TAX 11,109 0 0 11,109
PAYROLL TAX 1,596 115 115 1,481
MISCELLANEOUS TAXES AND LICENSES 718 0 0 718
FEDERAL TAXES 13,575 0 0 13,575