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
THE BENKOVIC FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address) 1600 UNIVERSITY DRIVE
  Room/suite
City or town
STATE COLLEGE
State or province
PA
Country  
ZIP or foreign postal code
16801
A Employer identification number

30-0449911
B Telephone number (see instructions)

8142346919
C
G Check all that apply:

D 1. Foreign organizations, check here.............
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
H Check type of organization:
F
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)$1,969,591J 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... 51,887 51,887  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 279,537
b Gross sales price for all assets on line 6a 1,466,128
7 Capital gain net income (from Part IV, line 2)... 279,537
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 331,424 331,424  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
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
1,300 1,300   0
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
12,453 12,453   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
4,551 366   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 18,304 14,119   0
25 Contributions, gifts, grants paid....... 1,250,000 1,250,000
26 Total expenses and disbursements. Add lines 24 and 25 ................ 1,268,304 14,119   1,250,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -936,880
b Net investment income (if negative, enter -0-) 317,305
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2025)
Form 990-PF (2025)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 12,709 7,224 7,224
2 Savings and temporary cash investments.........      
3 Accounts receivable  
Less: allowance for doubtful accounts        
4 Pledges receivable  
Less: allowance for doubtful accounts        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule)  
Less: allowance for doubtful accounts        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
15 Other assets (describe ) Click to see attachment
List of Attached Documents:
// Content
2,447,706 		Click to see attachment
List of Attached Documents:
// Content
1,516,311 		Click to see attachment
List of Attached Documents:
// Content
1,962,367
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,460,415 1,523,535 1,969,591
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 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........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 2,460,415 1,523,535
29 Total net assets or fund balances (see instructions)..... 2,460,415 1,523,535
30 Total liabilities and net assets/fund balances (see instructions). 2,460,415 1,523,535
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
2,460,415
2
Enter amount from Part I, line 27a .....................
2
-936,880
3
Other increases not included in line 2 (itemize)
3
0
4
Add lines 1, 2, and 3 ..........................
4
1,523,535
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
1,523,535
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 VANGUARD SMALL CAP VALUE INDEX VSIAX   2016-07-13 2025-01-03
b ARTISAN INTERNATIONAL FUND ADVISOR APDIX   2016-07-13 2025-01-03
c FIDELITY 500 INDEX INST PREM FUND FXAIX   2016-07-13 2025-01-03
d FIDELITY 500 INDEX INST PREM FUND FXAIX   2016-07-13 2025-09-26
e DAVIS NY VENTURE DNVYX   2016-07-13 2025-01-03
VANGUARD SMALL CAP INDEX VSCIX   2016-07-13 2025-01-03
DODGE & COX INCOME DODIX   2016-07-13 2025-01-03
FIDELITY 500 INDEX INST PREM FUND FXAIX   2016-07-13 2025-06-23
BAIRD MID CAP FUND BMDIX   2016-07-13 2025-12-10
BOSTON PARTNERS S/C VALUE 2-INST BPSIX   2016-07-13 2025-01-03
VANGUARD MID CAP INDEX VMCIX   2016-07-18 2025-01-03
DODGE & COX INCOME DODIX   2016-07-18 2025-01-03
VANGUARD SMALL CAP INDEX VSCIX   2016-07-18 2025-01-03
VANGUARD SHORT TERM INV GRADE VFSUX   2016-07-18 2025-01-03
DFA EMERGING MKTS CORE DFCEX   2016-07-18 2025-01-03
PIMCO ALL ASSET PAAIX   2016-07-18 2025-01-03
BOSTON PARTNERS S/C VALUE 2-INST BPSIX   2016-07-18 2025-01-03
VANGUARD TOTAL BOND MARKET VBTLX   2016-07-18 2025-01-03
ARTISAN INTERNATIONAL FUND ADVISOR APDIX   2016-07-18 2025-01-03
BAIRD MID CAP FUND BMDIX   2016-07-18 2025-12-10
VANGUARD SMALL CAP VALUE INDEX VSIAX   2016-07-18 2025-01-03
VANGUARD MID CAP INDEX VMCIX   2016-07-18 2025-06-23
VANGUARD MID CAP INDEX VMCIX   2016-07-21 2025-01-03
VANGUARD SMALL CAP INDEX VSCIX   2016-07-21 2025-01-03
DFA EMERGING MKTS CORE DFCEX   2016-07-21 2025-06-23
VANGUARD SMALL CAP VALUE INDEX VSIAX   2016-07-21 2025-01-03
DFA EMERGING MKTS CORE DFCEX   2016-07-21 2025-09-26
DFA EMERGING MKTS CORE DFCEX   2016-07-21 2025-01-03
BOSTON PARTNERS S/C VALUE 2-INST BPSIX   2016-07-21 2025-01-03
FIDELITY 500 INDEX INST PREM FUND FXAIX   2016-07-21 2025-01-03
PIMCO ALL ASSET PAAIX   2016-07-21 2025-01-03
DODGE & COX INCOME DODIX   2016-07-21 2025-01-03
ARTISAN INTERNATIONAL FUND ADVISOR APDIX   2016-07-21 2025-01-03
DFA EMERGING MKTS CORE DFCEX   2016-07-21 2025-03-25
DFA EMERGING MKTS CORE DFCEX   2016-07-25 2025-01-03
PIMCO ALL ASSET PAAIX   2016-07-25 2025-01-03
VANGUARD SHORT TERM INV GRADE VFSUX   2016-07-25 2025-01-03
ARTISAN INTERNATIONAL FUND ADVISOR APDIX   2016-07-25 2025-01-03
VANGUARD SMALL CAP INDEX VSCIX   2016-07-25 2025-01-03
BOSTON PARTNERS S/C VALUE 2-INST BPSIX   2016-07-25 2025-01-03
DODGE & COX INCOME DODIX   2016-07-25 2025-01-03
VANGUARD TOTAL BOND MARKET VBTLX   2016-07-25 2025-01-03
DAVIS NY VENTURE DNVYX   2016-07-25 2025-01-03
BAIRD SHORT TERM BOND BSBIX   2016-07-25 2025-01-03
VANGUARD MID CAP INDEX VMCIX   2016-07-25 2025-01-03
BAIRD SHORT TERM BOND BSBIX   2016-07-26 2025-01-03
DODGE & COX INCOME DODIX   2016-07-26 2025-01-03
VANGUARD TOTAL BOND MARKET VBTLX   2016-07-26 2025-01-03
VANGUARD SHORT TERM INV GRADE VFSUX   2016-07-26 2025-01-03
ARTISAN INTERNATIONAL FUND ADVISOR APDIX   2016-07-28 2025-01-03
DFA EMERGING MKTS CORE DFCEX   2016-07-28 2025-01-03
FIDELITY 500 INDEX INST PREM FUND FXAIX   2016-08-03 2025-01-03
DFA EMERGING MKTS CORE DFCEX   2016-08-03 2025-01-03
VANGUARD MID CAP INDEX VMCIX   2016-08-03 2025-01-03
VANGUARD SMALL CAP INDEX VSCIX   2016-08-03 2025-01-03
VANGUARD SMALL CAP VALUE INDEX VSIAX   2016-08-03 2025-01-03
ARTISAN INTERNATIONAL FUND ADVISOR APDIX   2016-08-03 2025-01-03
VANGUARD TOTAL BOND MARKET VBTLX   2016-08-05 2025-01-03
BAIRD SHORT TERM BOND BSBIX   2016-08-05 2025-01-03
DODGE & COX INCOME DODIX   2016-08-05 2025-01-03
PIMCO ALL ASSET PAAIX   2016-08-05 2025-01-03
DODGE & COX INCOME DODIX   2016-08-11 2025-01-03
BAIRD SHORT TERM BOND BSBIX   2016-08-11 2025-01-03
VANGUARD SHORT TERM INV GRADE VFSUX   2016-08-11 2025-01-03
VANGUARD SHORT TERM FED VSGDX   2016-08-15 2025-01-03
VANGUARD TOTAL BOND MARKET VBTLX   2016-08-15 2025-01-03
FIDELITY CONSERVATIVE INC BOND FCNVX   2016-08-23 2025-01-03
PIMCO ALL ASSET PAAIX   2016-08-23 2025-01-03
VANGUARD SHORT TERM FED VSGDX   2016-08-23 2025-01-03
VANGUARD SMALL CAP VALUE INDEX VSIAX   2016-09-09 2025-01-03
BAIRD MID CAP FUND BMDIX   2016-09-09 2025-12-10
VANGUARD SMALL CAP INDEX VSCIX   2016-09-09 2025-01-03
BAIRD MID CAP FUND BMDIX   2016-09-13 2025-12-10
DFA EMERGING MKTS CORE DFCEX   2016-09-13 2025-01-03
VANGUARD SMALL CAP VALUE INDEX VSIAX   2016-09-20 2025-01-03
VANGUARD SMALL CAP INDEX VSCIX   2016-09-20 2025-01-03
BAIRD MID CAP FUND BMDIX   2016-09-23 2025-12-10
FIDELITY 500 INDEX INST PREM FUND FXAIX   2016-09-29 2025-01-03
BAIRD MID CAP FUND BMDIX   2016-09-29 2025-12-10
VANGUARD MID CAP INDEX VMCIX   2016-09-29 2025-01-03
BAIRD MID CAP FUND BMDIX   2016-10-06 2025-12-10
BAIRD MID CAP FUND BMDIX   2016-10-06 2025-01-03
VANGUARD MID CAP INDEX VMCIX   2016-10-06 2025-01-03
FIDELITY 500 INDEX INST PREM FUND FXAIX   2016-10-10 2025-01-03
ARTISAN INTERNATIONAL FUND ADVISOR APDIX   2016-10-11 2025-01-03
BAIRD MID CAP FUND BMDIX   2016-10-11 2025-12-10
VANGUARD VALUE INDEX ADMIRAL VVIAX   2016-10-19 2025-09-26
VANGUARD VALUE INDEX ADMIRAL VVIAX   2016-10-19 2025-03-25
VANGUARD VALUE INDEX ADMIRAL VVIAX   2016-10-19 2025-01-03
JP MORGAN SM CAP GROWTH JISGX   2016-10-21 2025-01-03
ARTISAN INTERNATIONAL FUND ADVISOR APDIX   2016-10-21 2025-01-03
BAIRD MID CAP FUND BMDIX   2016-10-21 2025-12-10
VANGUARD SMALL CAP VALUE INDEX VSIAX   2016-10-21 2025-01-03
BAIRD MID CAP FUND BMDIX   2016-11-14 2025-12-10
VANGUARD SHORT TERM FED VSGDX   2016-11-28 2025-01-03
DODGE & COX INCOME DODIX   2016-12-13 2025-01-03
ARTISAN INTERNATIONAL FUND ADVISOR APDIX   2016-12-13 2025-06-23
PIMCO ALL ASSET PAAIX   2016-12-13 2025-01-03
DFA EMERGING MKTS CORE DFCEX   2016-12-13 2025-09-26
DODGE & COX INCOME DODIX   2016-12-13 2025-03-25
VANGUARD SHORT TERM FED VSGDX   2016-12-13 2025-01-03
PIMCO ALL ASSET PAAIX   2016-12-28 2025-01-03
DFA EMERGING MKTS CORE DFCEX   2017-01-04 2025-09-26
DODGE & COX INCOME DODIX   2017-03-29 2025-01-03
VANGUARD TOTAL BOND MARKET VBTLX   2017-06-27 2025-01-03
DODGE & COX INCOME DODIX   2017-06-27 2025-01-03
DODGE & COX INCOME DODIX   2017-09-26 2025-01-03
VANGUARD TOTAL BOND MARKET VBTLX   2017-09-26 2025-01-03
DODGE & COX INCOME DODIX   2018-01-08 2025-01-03
VANGUARD TOTAL BOND MARKET VBTLX   2018-01-08 2025-01-03
FIDELITY TOTAL INTL INDEX FTIHX   2018-03-22 2025-01-03
FIDELITY TOTAL INTL INDEX FTIHX   2018-03-22 2025-03-25
FIDELITY TOTAL INTL INDEX FTIHX   2018-03-22 2025-06-23
FIDELITY TOTAL INTL INDEX FTIHX   2018-03-22 2025-09-26
CAUSEWAY INTERNATIONAL VALUE INSTL CIVIX   2018-10-11 2025-01-03
DAVIS NY VENTURE DNVYX   2018-12-13 2025-01-03
DAVIS NY VENTURE DNVYX   2018-12-13 2025-03-25
DAVIS NY VENTURE DNVYX   2018-12-13 2025-03-25
DAVIS NY VENTURE DNVYX   2018-12-13 2025-03-25
BOSTON PARTNERS S/C VALUE 2-INST BPSIX   2018-12-13 2025-09-26
FMI LARGE CAP INST FMIQX   2018-12-14 2025-03-25
FMI LARGE CAP INST FMIQX   2018-12-14 2025-01-03
FMI LARGE CAP INST FMIQX   2018-12-14 2025-01-03
BOSTON PARTNERS S/C VALUE 2-INST BPSIX   2019-01-10 2025-01-03
FMI LARGE CAP INST FMIQX   2019-01-10 2025-01-03
DAVIS NY VENTURE DNVYX   2019-01-10 2025-01-03
BOSTON PARTNERS S/C VALUE 2-INST BPSIX   2019-01-10 2025-09-26
DODGE & COX INCOME DODIX   2019-03-27 2025-01-03
VANGUARD TOTAL BOND MARKET VBTLX   2019-03-27 2025-01-03
CAUSEWAY INTERNATIONAL VALUE INSTL CIVIX   2019-03-27 2025-01-03
PIMCO ALL ASSET PAAIX   2019-03-27 2025-01-03
DAVIS NY VENTURE DNVYX   2019-06-25 2025-01-03
VANGUARD TOTAL BOND MARKET VBTLX   2019-06-25 2025-01-03
CAUSEWAY INTERNATIONAL VALUE INSTL CIVIX   2019-06-25 2025-01-03
VANGUARD SHORT TERM FED VSGDX   2019-06-25 2025-01-03
BAIRD SHORT TERM BOND BSBIX   2019-06-25 2025-01-03
DAVIS NY VENTURE DNVYX   2019-06-27 2025-01-03
DAVIS NY VENTURE DNVYX   2019-06-27 2025-01-03
CAUSEWAY INTERNATIONAL VALUE INSTL CIVIX   2019-09-26 2025-03-25
VANGUARD SHORT TERM FED VSGDX   2019-09-26 2025-01-03
CAUSEWAY INTERNATIONAL VALUE INSTL CIVIX   2019-09-26 2025-01-03
DAVIS NY VENTURE DNVYX   2019-12-13 2025-01-03
DAVIS NY VENTURE DNVYX   2019-12-13 2025-01-03
FMI LARGE CAP INST FMIQX   2019-12-13 2025-01-03
FMI LARGE CAP INST FMIQX   2019-12-13 2025-01-03
VANGUARD SHORT TERM INV GRADE VFSUX   2020-01-07 2025-01-03
FMI LARGE CAP INST FMIQX   2020-01-07 2025-01-03
VANGUARD SHORT TERM FED VSGDX   2020-01-07 2025-01-03
VANGUARD TOTAL BOND MARKET VBTLX   2020-01-07 2025-01-03
FMI LARGE CAP INST FMIQX   2020-06-23 2025-01-03
DAVIS NY VENTURE DNVYX   2020-09-28 2025-01-03
COHO RELATIVE VALUE EQUITY COHOX   2020-09-28 2025-03-25
COHO RELATIVE VALUE EQUITY COHOX   2020-09-28 2025-01-03
COHO RELATIVE VALUE EQUITY COHOX   2020-09-28 2025-10-30
BLACKROCK STRAT INC OPP BSIKX   2020-11-18 2025-01-03
FMI LARGE CAP INST FMIQX   2020-12-18 2025-01-03
FMI LARGE CAP INST FMIQX   2020-12-18 2025-01-03
FMI LARGE CAP INST FMIQX   2020-12-18 2025-01-03
VANGUARD TOTAL BOND MARKET VBTLX   2021-03-29 2025-01-03
DAVIS NY VENTURE DNVYX   2021-12-10 2025-01-03
FMI LARGE CAP INST FMIQX   2021-12-17 2025-01-03
FMI LARGE CAP INST FMIQX   2021-12-17 2025-01-03
FMI LARGE CAP INST FMIQX   2021-12-17 2025-01-03
DAVIS NY VENTURE DNVYX   2022-01-24 2025-01-03
JP MORGAN SM CAP GROWTH JISGX   2022-01-24 2025-01-03
BAIRD MID CAP FUND BMDIX   2022-01-24 2025-01-03
ARTISAN INTERNATIONAL FUND ADVISOR APDIX   2022-01-24 2025-01-03
FMI LARGE CAP INST FMIQX   2022-01-24 2025-01-03
ARTISAN INTERNATIONAL FUND ADVISOR APDIX   2022-03-30 2025-06-23
ARTISAN INTERNATIONAL FUND ADVISOR APDIX   2022-03-30 2025-03-25
BAIRD MID CAP FUND BMDIX   2022-03-30 2025-01-03
ARTISAN INTERNATIONAL FUND ADVISOR APDIX   2022-03-30 2025-01-03
FMI LARGE CAP INST FMIQX   2022-03-30 2025-01-03
DAVIS NY VENTURE DNVYX   2022-03-30 2025-01-03
JP MORGAN SM CAP GROWTH JISGX   2022-06-28 2025-01-03
BAIRD MID CAP FUND BMDIX   2022-06-28 2025-01-03
DFA EMERGING MKTS CORE DFCEX   2022-09-15 2025-01-03
CAUSEWAY INTERNATIONAL VALUE INSTL CIVIX   2022-09-15 2025-03-25
VANGUARD VALUE INDEX ADMIRAL VVIAX   2022-09-23 2025-01-03
DFA EMERGING MKTS CORE DFCEX   2022-09-30 2025-01-03
COHO RELATIVE VALUE EQUITY COHOX   2022-11-18 2025-01-03
BOSTON PARTNERS S/C VALUE 2-INST BPSIX   2022-12-09 2025-01-03
BOSTON PARTNERS S/C VALUE 2-INST BPSIX   2022-12-09 2025-01-03
DFA EMERGING MKTS CORE DFCEX   2022-12-13 2025-01-03
JP MORGAN SM CAP GROWTH JISGX   2022-12-14 2025-01-03
BAIRD MID CAP FUND BMDIX   2022-12-15 2025-01-03
BAIRD MID CAP FUND BMDIX   2022-12-15 2025-01-03
COHO RELATIVE VALUE EQUITY COHOX   2022-12-21 2025-01-03
BOSTON PARTNERS S/C VALUE 2-INST BPSIX   2023-01-04 2025-01-03
FIDELITY CONSERVATIVE INC BOND FCNVX   2023-01-04 2025-01-03
JP MORGAN SM CAP GROWTH JISGX   2023-01-04 2025-01-03
BAIRD MID CAP FUND BMDIX   2023-01-04 2025-01-03
COHO RELATIVE VALUE EQUITY COHOX   2023-03-16 2025-01-03
VANGUARD VALUE INDEX ADMIRAL VVIAX   2023-03-23 2025-01-03
FIDELITY CONSERVATIVE INC BOND FCNVX   2023-06-28 2025-01-03
COHO RELATIVE VALUE EQUITY COHOX   2023-06-28 2025-01-03
BOSTON PARTNERS S/C VALUE 2-INST BPSIX   2023-06-28 2025-01-03
FIDELITY 500 INDEX INST PREM FUND FXAIX   2023-07-10 2025-01-03
JP MORGAN SM CAP GROWTH JISGX   2023-09-26 2025-01-03
COHO RELATIVE VALUE EQUITY COHOX   2023-09-26 2025-10-30
VANGUARD SMALL CAP INDEX VSCIX   2023-09-26 2025-01-03
BAIRD MID CAP FUND BMDIX   2023-09-26 2025-01-03
VANGUARD SMALL CAP VALUE INDEX VSIAX   2023-09-26 2025-01-03
VANGUARD MID CAP INDEX VMCIX   2023-09-26 2025-01-03
DFA EMERGING MKTS CORE DFCEX   2023-09-29 2025-01-03
FIDELITY 500 INDEX INST PREM FUND FXAIX   2023-10-06 2025-01-03
COHO RELATIVE VALUE EQUITY COHOX   2023-12-01 2025-10-30
DAVIS NY VENTURE DNVYX   2023-12-11 2025-03-25
DFA EMERGING MKTS CORE DFCEX   2023-12-12 2025-01-03
BAIRD MID CAP FUND BMDIX   2023-12-14 2025-01-03
BOSTON PARTNERS S/C VALUE 2-INST BPSIX   2023-12-14 2025-01-03
BOSTON PARTNERS S/C VALUE 2-INST BPSIX   2023-12-14 2025-01-03
BOSTON PARTNERS S/C VALUE 2-INST BPSIX   2023-12-14 2025-01-03
FIDELITY TOTAL INTL INDEX FTIHX   2023-12-18 2025-01-03
FIDELITY 500 INDEX INST PREM FUND FXAIX   2023-12-18 2025-01-03
CAUSEWAY INTERNATIONAL VALUE INSTL CIVIX   2023-12-20 2025-01-03
CAUSEWAY INTERNATIONAL VALUE INSTL CIVIX   2023-12-20 2025-01-03
VANGUARD SMALL CAP VALUE INDEX VSIAX   2023-12-20 2025-01-03
VANGUARD VALUE INDEX ADMIRAL VVIAX   2023-12-20 2025-01-03
VANGUARD MID CAP INDEX VMCIX   2023-12-20 2025-01-03
VANGUARD SMALL CAP INDEX VSCIX   2023-12-20 2025-01-03
CAUSEWAY INTERNATIONAL VALUE INSTL CIVIX   2023-12-20 2025-01-03
COHO RELATIVE VALUE EQUITY COHOX   2023-12-20 2025-10-30
DFA EMERGING MKTS CORE DFCEX   2024-01-05 2025-03-25
VANGUARD SMALL CAP VALUE INDEX VSIAX   2024-03-22 2025-09-26
VANGUARD MID CAP INDEX VMCIX   2024-03-22 2025-06-23
VANGUARD SMALL CAP INDEX VSCIX   2024-03-22 2025-09-26
VANGUARD VALUE INDEX ADMIRAL VVIAX   2024-03-22 2025-03-25
COHO RELATIVE VALUE EQUITY COHOX   2024-03-25 2025-10-30
CAUSEWAY INTERNATIONAL VALUE INSTL CIVIX   2024-03-25 2025-06-23
DFA EMERGING MKTS CORE DFCEX   2024-03-25 2025-06-23
CAUSEWAY INTERNATIONAL VALUE INSTL CIVIX   2024-03-25 2025-09-26
DFA EMERGING MKTS CORE DFCEX   2024-03-27 2025-06-23
FIDELITY 500 INDEX INST PREM FUND FXAIX   2024-04-08 2025-06-23
DAVIS NY VENTURE DNVYX   2024-06-18 2025-06-23
DAVIS NY VENTURE DNVYX   2024-06-18 2025-09-26
DAVIS NY VENTURE DNVYX   2024-06-18 2025-09-26
VANGUARD SMALL CAP VALUE INDEX VSIAX   2024-06-28 2025-09-26
VANGUARD MID CAP INDEX VMCIX   2024-06-28 2025-09-26
DFA EMERGING MKTS CORE DFCEX   2024-06-28 2025-09-26
VANGUARD VALUE INDEX ADMIRAL VVIAX   2024-06-28 2025-09-26
VANGUARD SMALL CAP INDEX VSCIX   2024-07-01 2025-09-26
BAIRD MID CAP FUND BMDIX   2024-07-02 2025-12-10
VANGUARD MID CAP INDEX VMCIX   2024-07-02 2025-09-26
VANGUARD SMALL CAP INDEX VSCIX   2024-07-02 2025-09-26
VANGUARD SMALL CAP VALUE INDEX VSIAX   2024-07-02 2025-09-26
COHO RELATIVE VALUE EQUITY COHOX   2024-07-02 2025-10-30
BOSTON PARTNERS S/C VALUE 2-INST BPSIX   2024-07-02 2025-09-26
JP MORGAN SM CAP GROWTH JISGX   2024-07-02 2025-09-26
FIDELITY 500 INDEX INST PREM FUND FXAIX   2024-07-08 2025-09-26
BAIRD MID CAP FUND BMDIX   2024-09-27 2025-12-10
COHO RELATIVE VALUE EQUITY COHOX   2024-11-21 2025-10-30
BAIRD MID CAP FUND BMDIX   2024-12-17 2025-12-10
COHO RELATIVE VALUE EQUITY COHOX   2024-12-23 2025-10-30
BAIRD MID CAP FUND BMDIX   2025-03-25 2025-12-10
COHO RELATIVE VALUE EQUITY COHOX   2025-06-23 2025-10-30
BAIRD MID CAP FUND BMDIX   2025-06-23 2025-12-10
COHO RELATIVE VALUE EQUITY COHOX   2025-09-26 2025-10-30
BAIRD MID CAP FUND BMDIX   2025-09-26 2025-12-10
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 5,321   2,903 2,418
b 5,667   5,806 -139
c 3,313   1,216 2,097
d 12,264   4,015 8,249
e 6,167   6,774 -607
582   286 296
4,653   5,211 -558
2,617   945 1,672
6,683   4,838 1,845
5,734   4,838 896
15,954   7,641 8,313
4,668   5,219 -551
9,780   4,827 4,953
12,472   13,041 -569
3,758   2,867 891
2,486   2,597 -111
4,000   3,391 609
6,717   7,859 -1,142
4,610   4,742 -132
1,264   916 348
192   105 87
1,207   561 646
30,059   14,400 15,659
9,753   4,806 4,947
137   95 42
5,290   2,893 2,397
1,385   873 512
2,261   1,723 538
5,680   4,806 874
38,897   14,368 24,529
2,504   2,612 -108
4,641   5,200 -559
5,654   5,801 -147
278   206 72
3,763   2,869 894
535   557 -22
12,486   13,056 -570
5,714   5,858 -144
9,674   4,786 4,888
5,711   4,834 877
4,639   5,199 -560
6,677   7,812 -1,135
6,120   6,756 -636
7,601   7,826 -225
19,845   9,553 10,292
16,677   17,171 -494
17,861   20,000 -2,139
25,641   30,000 -4,359
47,862   50,000 -2,138
5,521   5,675 -154
3,729   2,869 860
72,088   26,624 45,464
769   592 177
31,710   15,199 16,511
1,077   533 544
5,582   3,058 2,524
5,557   5,710 -153
12,832   15,000 -2,168
9,734   10,033 -299
8,937   10,000 -1,063
4,771   5,000 -229
2,128   2,389 -261
29,108   30,000 -892
12,160   12,727 -567
11,652   12,445 -793
10,154   11,891 -1,737
638   635 3
7,100   7,500 -400
21,066   22,500 -1,434
5,302   2,896 2,406
7,351   5,237 2,114
9,953   4,909 5,044
3,232   2,295 937
2,430   1,865 565
172   94 78
574   283 291
3,366   2,437 929
69,004   25,432 43,572
6,744   4,855 1,889
28,648   13,771 14,877
1,070   775 295
6,469   4,269 2,200
32,242   15,512 16,730
5,700   2,094 3,606
4,297   4,386 -89
3,742   2,668 1,074
157   72 85
236   117 119
23,293   11,794 11,499
1,786   1,103 683
4,012   4,028 -16
4,245   3,013 1,232
2,631   1,434 1,197
3,502   2,523 979
136   144 -8
586   646 -60
1,276   984 292
122   128 -6
476   300 176
155   166 -11
2,439   2,578 -139
1,805   1,890 -85
174   109 65
2,756   3,043 -287
2,029   2,316 -287
1,171   1,305 -134
43   48 -5
524   599 -75
5,331   5,931 -600
7,553   8,550 -997
31,082   28,505 2,577
3,548   3,013 535
2,182   1,741 441
2,027   1,488 539
25,460   21,373 4,087
6,474   6,277 197
1,541   1,442 99
247   232 15
86   80 6
1,783   1,350 433
209   250 -41
8,450   10,239 -1,789
339   410 -71
5,317   4,481 836
194   238 -44
4,695   4,562 133
450   352 98
3,381   3,731 -350
3,110   3,510 -400
265   217 48
497   526 -29
9   10 -1
829   956 -127
5,416   4,356 1,060
3,267   3,454 -187
3,048   3,141 -93
3,889   3,989 -100
742   761 -19
250   173 77
1,528   1,617 -89
5,519   4,367 1,152
2,174   2,394 -220
1,027   1,131 -104
5,162   6,966 -1,804
28   38 -10
2,196   2,290 -94
17   23 -6
3,580   3,792 -212
2,578   3,019 -441
153   186 -33
31   33 -2
755   869 -114
30,177   35,310 -5,133
29,620   33,534 -3,914
43,243   46,709 -3,466
9   13 -4
7,826   10,369 -2,543
1,343   1,779 -436
3,424   4,032 -608
2,438   2,693 -255
613   799 -186
9,828   12,811 -2,983
512   667 -155
1,969   2,150 -181
1,877   1,829 48
3,680   3,920 -240
1,115   1,166 -51
927   1,200 -273
5,103   4,077 1,026
6,886   6,164 722
8,396   8,879 -483
2,779   2,776 3
2,028   2,625 -597
5,435   5,808 -373
5,303   4,131 1,172
7,960   6,933 1,027
1,147   1,009 138
7,508   5,139 2,369
458   347 111
1,303   1,020 283
2,749   3,430 -681
599   586 13
5,638   5,524 114
510   444 66
156   125 31
267   240 27
1,263   1,132 131
1,029   1,262 -233
498   481 17
19,148   19,015 133
5,406   4,165 1,241
5,349   4,755 594
407   488 -81
133   104 29
2,718   2,701 17
2,267   2,748 -481
1,202   1,191 11
2,150   1,591 559
3,030   2,357 673
1,987   2,228 -241
2,012   1,538 474
5,145   4,756 389
184   145 39
4,285   3,315 970
566   509 57
1,849   1,341 508
6,903   7,431 -528
128   118 10
820   753 67
1,994   2,031 -37
805   784 21
371   362 9
9,448   9,206 242
2,558   2,430 128
2,130   1,690 440
897   929 -32
861   892 -31
403   357 46
421   362 59
1,638   1,396 242
550   472 78
1,864   1,931 -67
1,660   1,798 -138
426   391 35
313   283 30
1,251   1,124 127
330   290 40
381   353 28
782   896 -114
522   476 46
911   816 95
2,045   1,717 328
93   83 10
1,432   1,234 198
195   192 3
496   484 12
1,708   1,666 42
348   301 47
1,265   1,047 218
447   379 68
407   349 58
412   353 59
7,818   8,460 -642
574   474 100
1,444   1,229 215
551   477 74
5,771   6,208 -437
830   780 50
1,107   999 108
1,597   1,334 263
149   170 -21
9,055   9,454 -399
3,357   3,854 -497
2,345   2,271 74
3,964   4,028 -64
2,229   2,179 50
718   744 -26
1,649   1,667 -18
3,500   3,608 -108
34,765     34,765
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       2,418
b       -139
c       2,097
d       8,249
e       -607
      296
      -558
      1,672
      1,845
      896
      8,313
      -551
      4,953
      -569
      891
      -111
      609
      -1,142
      -132
      348
      87
      646
      15,659
      4,947
      42
      2,397
      512
      538
      874
      24,529
      -108
      -559
      -147
      72
      894
      -22
      -570
      -144
      4,888
      877
      -560
      -1,135
      -636
      -225
      10,292
      -494
      -2,139
      -4,359
      -2,138
      -154
      860
      45,464
      177
      16,511
      544
      2,524
      -153
      -2,168
      -299
      -1,063
      -229
      -261
      -892
      -567
      -793
      -1,737
      3
      -400
      -1,434
      2,406
      2,114
      5,044
      937
      565
      78
      291
      929
      43,572
      1,889
      14,877
      295
      2,200
      16,730
      3,606
      -89
      1,074
      85
      119
      11,499
      683
      -16
      1,232
      1,197
      979
      -8
      -60
      292
      -6
      176
      -11
      -139
      -85
      65
      -287
      -287
      -134
      -5
      -75
      -600
      -997
      2,577
      535
      441
      539
      4,087
      197
      99
      15
      6
      433
      -41
      -1,789
      -71
      836
      -44
      133
      98
      -350
      -400
      48
      -29
      -1
      -127
      1,060
      -187
      -93
      -100
      -19
      77
      -89
      1,152
      -220
      -104
      -1,804
      -10
      -94
      -6
      -212
      -441
      -33
      -2
      -114
      -5,133
      -3,914
      -3,466
      -4
      -2,543
      -436
      -608
      -255
      -186
      -2,983
      -155
      -181
      48
      -240
      -51
      -273
      1,026
      722
      -483
      3
      -597
      -373
      1,172
      1,027
      138
      2,369
      111
      283
      -681
      13
      114
      66
      31
      27
      131
      -233
      17
      133
      1,241
      594
      -81
      29
      17
      -481
      11
      559
      673
      -241
      474
      389
      39
      970
      57
      508
      -528
      10
      67
      -37
      21
      9
      242
      128
      440
      -32
      -31
      46
      59
      242
      78
      -67
      -138
      35
      30
      127
      40
      28
      -114
      46
      95
      328
      10
      198
      3
      12
      42
      47
      218
      68
      58
      59
      -642
      100
      215
      74
      -437
      50
      108
      263
      -21
      -399
      -497
      74
      -64
      50
      -26
      -18
      -108
      34,765
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 2 279,537
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 4,411
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 4,411
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 4,411
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 2,400
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 2,400
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 2,011
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10  
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax   Refunded 11  
For Refunded amount, also complete and attach Form 8050. See instructions.
Form 990-PF (2025)
Form 990-PF (2025)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. $ 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)
PA
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 ofBOYER RITTER CPAS Telephone no. (814) 234-6919

Located at1600 UNIVERSITY DRIVESTATE COLLEGEPA ZIP+416801
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........
and enter the amount of tax-exempt interest received or accrued during the year ........
15
 
16 At any time during calendar year 2025, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country
Form 990-PF (2025)
Form 990-PF (2025)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2025? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2025, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2025?....................
2a
 
No
If "Yes," list the years 20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2025 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Form 4720, Schedule C, to determine
if the foundation had excess business holdings in 2025.).....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2025? ..
4b
 
No
Form 990-PF (2025)
Form 990-PF (2025)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
STEVEN J BENKOVIC JR PRESIDENT & TRUSTEE
0.00 		0 0 0
500 E MARYLYN AVE APT K171
STATE COLLEGE,PA16801
THOMAS J TARICANI VP-TREASURER & TRUSTEE
0.00 		0 0 0
1600 UNIVERSITY DR
STATE COLLEGE,PA16801
PATRICIA BENKOVIC VP-SECRETARY & TRUSTEE
0.00 		0 0 0
500 E MARYLYN AVE APT K171
STATE COLLEGE,PA16801
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 MAKE GRANTS, LOANS OR DISTRIBUTIONS TO PUBLIC CHARITIES, AND TO OTHER ORGANIZATIONS OR EDUCATIONAL INSTITUTIONS 0
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
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
1,903,109
b
Average of monthly cash balances.......................
1b
9,402
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
1,912,511
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
1,912,511
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
28,688
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
1,883,823
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
94,191
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
94,191
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
4,411
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
4,411
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
89,780
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
89,780
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
89,780
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, line 26, column (d) ..........
1a
1,250,000
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
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
1,250,000
Form 990-PF (2025)
Form 990-PF (2025)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2024 		(c)
2024 		(d)
2025
1 Distributable amount for 2025 from Part X, line 7 89,780
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2025:
a From 2020......  
b From 2021......  
c From 2022...... 297,977
d From 2023...... 250,225
e From 2024......  
f Total of lines 3a through e ........ 548,202
4Qualifying distributions for 2025 from Part
XI, line 4: $ 1,250,000
a Applied to 2024, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions) ..... 		0
c Treated as distributions out of corpus (Election
required—see instructions) ........ 		0
d Applied to 2025 distributable amount..... 89,780
e Remaining amount distributed out of corpus 1,160,220
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 1,708,422
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2024. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2025. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2026 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2020 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		1,708,422
10 Analysis of line 9:
a Excess from 2021 ....  
b Excess from 2022 .... 297,977
c Excess from 2023 .... 250,225
d Excess from 2024 ....  
e Excess from 2025 .... 1,160,220
Form 990-PF (2025)
Form 990-PF (2025)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2025, enter the date of the ruling ......
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2025 (b) 2024 (c) 2023 (d) 2022
         
b 85% (0.85) of line 2a .......          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, 3b, or 3c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, 2b, 2c, and 2d. See instructions
aThe name, address, and telephone number or 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

MOUNT NITTANY HEALTH FOUNDATION

155 WELLNESS WAY
STATE COLLEGE,PA16803 		    SUPPORT HOSPITAL IN THEIR CHARITABLE PURPOSE 1,250,000
Total ................................. 3a 1,250,000
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 51,887  
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 ............ 		    18 279,537  
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) .. 0 331,424 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
331,424
(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:
THE BENKOVIC FAMILY FOUNDATION
EIN:
30-0449911
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BOYER & RITTER 1,300 1,300   0

TY 2025 OtherAssetsSchedule
Name:
THE BENKOVIC FAMILY FOUNDATION
EIN:
30-0449911
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
MARKETABLE SECURITIES 2,447,706 1,516,311 1,962,367


TY 2025 OtherProfessionalFeesSchedule
Name:
THE BENKOVIC FAMILY FOUNDATION
EIN:
30-0449911
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LETORT TRUST FEES 12,453 12,453   0


TY 2025 TaxesSchedule
Name:
THE BENKOVIC FAMILY FOUNDATION
EIN:
30-0449911
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAX WITHHELD 366 366   0
IRS EXCISE TAXES 4,185 0   0