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
BOARD OF TRUSTEES OF PERKINS GARDENS
 
Number and street (or P.O. box number if mail is not delivered to street address) 200 BELLEVUE PKWY SUITE 500
  Room/suite
City or town
WILMINGTON
State or province
DE
Country  
ZIP or foreign postal code
19809
A Employer identification number

13-6056026
B Telephone number (see instructions)

3027982160
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)$5,336,175J 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... 116,260 116,193  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 203,906
b Gross sales price for all assets on line 6a 1,055,857
7 Capital gain net income (from Part IV, line 2)... 203,906
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
52 52  
12 Total. Add lines 1 through 11........ 320,218 320,151  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 20,362 10,181   10,181
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,000 0 0 1,000
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
9,673 3,301   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
22,468 22,218   250
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 53,503 35,700 0 11,431
25 Contributions, gifts, grants paid....... 212,751 212,751
26 Total expenses and disbursements. Add lines 24 and 25 ................ 266,254 35,700 0 224,182
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 53,964
b Net investment income (if negative, enter -0-) 284,451
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2025)
Form 990-PF (2025)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 228,094 251,031 251,845
3 Accounts receivable  
Less: allowance for doubtful accounts     0 0
4 Pledges receivable  
Less: allowance for doubtful accounts        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule)  
Less: allowance for doubtful accounts 0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......   Click to see attachment
List of Attached Documents:
// Content
2,194,475 		4,320,381
c Investments—corporate bonds (attach schedule).......   Click to see attachment
List of Attached Documents:
// Content
777,795 		763,949
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,940,872   0
14 Land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
15 Other assets (describe )      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,168,966 3,223,301 5,336,175
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe )    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 3,168,966 3,223,301
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 3,168,966 3,223,301
30 Total liabilities and net assets/fund balances (see instructions). 3,168,966 3,223,301
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
3,168,966
2
Enter amount from Part I, line 27a .....................
2
53,964
3
Other increases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
3
371
4
Add lines 1, 2, and 3 ..........................
4
3,223,301
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
3,223,301
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 67. ABBVIE INC   2014-10-23 2025-01-03
b 30. BROADCOM INC COM   2021-01-28 2025-01-03
c 38. ORACLE CORPORATION COM   2009-03-10 2025-01-03
d 83. RTX CORPORATION     2025-01-03
e 8. BLACKROCK INC COM   2022-07-18 2025-01-24
69. CHARLES RIV LABORATORIES INTL INC     2025-01-24
320. COMCAST CORP NEW   2009-06-30 2025-01-24
147. ARISTA NETWORKS INC COM USD0.0001 (PST REV S   2020-08-24 2025-03-06
58. BROADCOM INC COM   2021-01-28 2025-03-06
269. DOW INC COM     2025-03-06
248. VANGUARD BD IDX FD INC SHORT TERM BD     2025-03-25
420. VANGUARD BD IDX FD TOTAL BD MKT ETF     2025-03-25
144. VANGUARD FTSE DEVELOPED MARKETS ETF   2024-05-21 2025-03-25
1775. VANGUARD FTSE DEVELOPED MARKETS ETF     2025-03-25
22. BOSTON SCIENTIFIC CORP   2025-03-25 2025-04-07
101. BOSTON SCIENTIFIC CORP   2020-07-20 2025-04-07
6. HOME DEPOT INC   2025-03-25 2025-04-07
10. HOME DEPOT INC   2012-06-05 2025-04-07
13. ORACLE CORPORATION COM   2025-03-25 2025-04-07
45. ORACLE CORPORATION COM   2009-03-10 2025-04-07
28. TRUIST FINL CORP COM   2025-03-25 2025-04-07
384. TRUIST FINL CORP COM     2025-04-07
32. WAL MART STORES INC   2025-03-25 2025-04-07
105. WAL MART STORES INC   2009-03-10 2025-04-07
5. UNITEDHEALTH GROUP INC   2025-03-25 2025-05-15
81. UNITEDHEALTH GROUP INC   2009-05-12 2025-05-15
1525. VANGUARD BD IDX FD TOTAL BD MKT ETF     2025-06-05
1783. VANGUARD FTSE DEVELOPED MARKETS ETF     2025-06-05
32. CROWN CASTLE INC     2025-07-08
123. CROWN CASTLE INC     2025-07-08
15. ORACLE CORPORATION COM   2025-06-05 2025-07-08
31. ORACLE CORPORATION COM   2009-03-10 2025-07-08
24. ABBVIE INC     2025-07-10
20. ABBVIE INC   2014-10-23 2025-07-10
11. BERKSHIRE HATHAWAY INC-CL B     2025-07-10
22. BERKSHIRE HATHAWAY INC-CL B   2013-03-08 2025-07-10
32. BERKSHIRE HATHAWAY INC-CL B   2013-03-08 2025-08-21
18. DARDEN RESTAURANTS INC     2025-08-21
118. DARDEN RESTAURANTS INC     2025-08-21
78. KEYSIGHT TECHNOLOGIES INC     2025-08-21
15. O REILLY AUTOMOTIVE INC   2025-03-25 2025-08-21
74. O REILLY AUTOMOTIVE INC   2021-03-11 2025-08-21
10. ALPHABET INC CAP STK CL C   2024-11-01 2025-09-08
3. APPLIED MATERIALS COM   2025-06-05 2025-09-08
10. ARISTA NETWORKS INC COM USD0.0001 (PST REV S   2025-06-05 2025-09-08
9. ATLASSIAN CORPORATION CL A   2025-01-03 2025-09-08
3. AUTOMATIC DATA PROCESSING INC COM   2025-06-05 2025-09-08
6. BOSTON SCIENTIFIC CORP   2025-06-05 2025-09-08
29. COTERRA ENERGY INC   2022-10-21 2025-09-08
4. CATERPILLAR INC DEL COM   2025-06-05 2025-09-08
4. CHENIERE ENERGY INC   2025-06-05 2025-09-08
2. CUMMINS INC   2025-03-25 2025-09-08
8. DEERE & CO.     2025-09-08
11. DEERE & CO.   2023-04-20 2025-09-08
6. HOLOGIC INC   2023-02-02 2025-09-08
2. ELI LILLY & CO COMMON ~   2025-03-25 2025-09-08
3. LOCKHEED MARTIN CORP   2023-04-20 2025-09-08
1. MARTIN MARIETTA MATLS INC   2025-06-05 2025-09-08
3. MERCK & CO INC NEW   2023-06-22 2025-09-08
4. MONDELEZ INTL INC   2025-06-05 2025-09-08
4. NEUROCRINE BIOSCIENCES INC   2025-01-24 2025-09-08
3. PNC FINANCIAL SERVICES GROUP INC   2024-11-07 2025-09-08
3. PALO ALTO NETWORKS INC   2025-06-05 2025-09-08
1. PEPSICO INC   2023-03-23 2025-09-08
4. PROLOGIS INC   2023-02-02 2025-09-08
6. PULTE GROUP INC   2025-03-25 2025-09-08
3. QUALCOMM INCORPORATED   2024-11-07 2025-09-08
1. RTX CORPORATION   2025-06-05 2025-09-08
3. SCHWAB CHARLES CORP NEW   2025-06-05 2025-09-08
3. TAKE-TWO INTERACTIVE SOFTWARE INC   2025-06-05 2025-09-08
1. THERMO FISHER CORP   2025-03-25 2025-09-08
4. UBER TECHNOLOGIES INC COM   2025-06-05 2025-09-08
2. UNION PAC CORP COM   2025-03-25 2025-09-08
8. VALERO ENERGY CORP COM NEW   2025-03-25 2025-09-08
288. VANGUARD FTSE DEVELOPED MARKETS ETF     2025-09-08
18. APTIV HOLDINGS LTD. ORD USD0.01   2023-03-14 2025-09-08
5. BLACKROCK INC COM     2025-09-18
10. BLACKROCK INC COM   2022-07-18 2025-09-18
38. DEERE & CO.     2025-09-18
16. BLACKROCK INC COM     2025-10-30
24. FISERV INC     2025-10-30
167. FISERV INC   2024-05-29 2025-10-30
138. HOLOGIC INC     2025-10-30
285. HOLOGIC INC     2025-10-30
29. ABBOTT LABORATORIES COMMON ~     2025-11-19
9. ABBVIE INC   2014-10-23 2025-11-19
8. ALPHABET INC CAP STK CL C   2024-11-01 2025-11-19
50. ALPHABET INC CAP STK CL A     2025-11-19
29. AMAZON COM INC   2025-03-25 2025-11-19
37. APPLE COMPUTER INC COMMON   2025-03-25 2025-11-19
18. APPLIED MATERIALS COM     2025-11-19
23. ARISTA NETWORKS INC COM USD0.0001 (PST REV S     2025-11-19
9. ATLASSIAN CORPORATION CL A   2025-01-03 2025-11-19
7. AUTOMATIC DATA PROCESSING INC COM     2025-11-19
82. BANK OF AMERICA CORP     2025-11-19
4. BERKSHIRE HATHAWAY INC-CL B   2013-03-08 2025-11-19
20. BOSTON SCIENTIFIC CORP   2025-06-05 2025-11-19
6. BOSTON SCIENTIFIC CORP   2020-07-20 2025-11-19
17. BROADCOM INC COM     2025-11-19
99. COTERRA ENERGY INC   2022-10-21 2025-11-19
6. CATERPILLAR INC DEL COM     2025-11-19
10. CHENIERE ENERGY INC     2025-11-19
15. CHEVRONTEXACO CORP COM   2025-03-25 2025-11-19
11. CHEVRONTEXACO CORP COM     2025-11-19
23. COLGATE PALMOLIVE CO COMMON ~   2025-08-21 2025-11-19
34. CONSOLIDATED EDISON INC     2025-11-19
48. CORTEVA INC COM USD0.01 WI     2025-11-19
8. CUMMINS INC     2025-11-19
4. META PLATFORMS, INC   2025-07-10 2025-11-19
7. HOME DEPOT INC   2025-06-05 2025-11-19
2. HOME DEPOT INC   2012-06-05 2025-11-19
16. J P MORGAN CHASE & CO COM     2025-11-19
7. KEYSIGHT TECHNOLOGIES INC   2023-07-19 2025-11-19
3. ELI LILLY & CO COMMON ~   2025-06-05 2025-11-19
4. LOCKHEED MARTIN CORP   2023-04-20 2025-11-19
4. MARTIN MARIETTA MATLS INC     2025-11-19
18. MERCK & CO INC NEW   2025-03-25 2025-11-19
20. MERCK & CO INC NEW   2023-06-22 2025-11-19
33. MICROSOFT CORP     2025-11-19
12. MICRON TECHNOLOGY INC COM   2025-09-18 2025-11-19
24. MONDELEZ INTL INC   2025-06-05 2025-11-19
21. MONDELEZ INTL INC   2022-04-21 2025-11-19
27. MORGAN STANLEY     2025-11-19
22. NEUROCRINE BIOSCIENCES INC   2025-01-24 2025-11-19
39. NEWMONT CORPORATION   2025-09-08 2025-11-19
83. NVIDIA CORP   2025-07-10 2025-11-19
17. O REILLY AUTOMOTIVE INC   2021-03-11 2025-11-19
8. ORACLE CORPORATION COM   2009-03-10 2025-11-19
15. PNC FINANCIAL SERVICES GROUP INC   2024-11-07 2025-11-19
12. PALO ALTO NETWORKS INC     2025-11-19
23. PEPSICO INC   2023-03-23 2025-11-19
21. PROCTER & GAMBLE CO     2025-11-19
25. PROLOGIS INC   2023-02-02 2025-11-19
25. PULTE GROUP INC     2025-11-19
18. QUALCOMM INCORPORATED   2024-11-07 2025-11-19
9. QUANTA SVCS INC     2025-11-19
22. RTX CORPORATION     2025-11-19
33. SCHWAB CHARLES CORP NEW     2025-11-19
7. SNOWFLAKE INC CL A   2025-10-30 2025-11-19
14. TJX COS INC NEW   2025-08-21 2025-11-19
10. TAKE-TWO INTERACTIVE SOFTWARE INC     2025-11-19
3. THERMO FISHER CORP   2025-03-25 2025-11-19
4. THERMO FISHER CORP   2023-11-28 2025-11-19
34. UBER TECHNOLOGIES INC COM     2025-11-19
12. UNION PAC CORP COM     2025-11-19
16. VALERO ENERGY CORP COM NEW   2025-06-05 2025-11-19
234. VANGUARD FTSE DEVELOPED MARKETS ETF     2025-11-19
241. VANGUARD FTSE EMERGING MARKETS ETF   2018-02-14 2025-11-19
80. VERIZON COMMUNICATIONS   2020-04-06 2025-11-19
61. VICI PROPERTIES INC.   2025-07-08 2025-11-19
10. VISA INC-CLASS A SHARES     2025-11-19
24. WAL MART STORES INC   2025-06-05 2025-11-19
11. WAL MART STORES INC   2009-03-10 2025-11-19
7. ZOETIS INC   2024-10-22 2025-11-19
31. APTIV HOLDINGS LTD. ORD USD0.01     2025-11-19
8. BROADCOM INC COM   2025-03-25 2025-12-10
15. BROADCOM INC COM     2025-12-10
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(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 12,125   3,988 8,137
b 6,996   1,359 5,637
c 6,320   556 5,764
d 9,626   1,668 7,958
e 8,151   4,781 3,370
11,393   13,529 -2,136
11,992   2,290 9,702
12,346   2,061 10,285
10,491   2,628 7,863
9,994   16,827 -6,833
19,350   20,384 -1,034
30,695   34,844 -4,149
7,533   7,417 116
92,849   78,857 13,992
2,018   2,270 -252
9,263   3,807 5,456
2,038   2,169 -131
3,397   488 2,909
1,650   2,000 -350
5,712   658 5,054
983   1,186 -203
13,482   15,469 -1,987
2,687   2,725 -38
8,816   1,700 7,116
1,344   2,577 -1,233
21,777   2,216 19,561
110,692   117,956 -7,264
100,086   78,364 21,722
3,281   3,218 63
12,611   10,148 2,463
3,515   2,568 947
7,263   453 6,810
4,683   4,654 29
3,903   1,190 2,713
5,244   5,687 -443
10,488   2,279 8,209
15,624   3,315 12,309
3,717   3,804 -87
24,367   13,398 10,969
12,491   13,907 -1,416
1,546   1,367 179
7,627   2,344 5,283
2,342   1,730 612
488   494 -6
1,403   957 446
1,547   2,231 -684
890   980 -90
647   619 28
690   860 -170
1,686   1,402 284
936   978 -42
792   662 130
3,826   4,006 -180
5,261   4,290 971
397   505 -108
1,485   1,707 -222
1,373   1,470 -97
626   551 75
252   341 -89
247   266 -19
577   595 -18
609   609  
590   593 -3
141   176 -35
453   542 -89
846   637 209
477   522 -45
154   139 15
280   262 18
747   696 51
486   517 -31
377   339 38
434   470 -36
1,254   1,058 196
17,128   12,575 4,553
1,477   2,023 -546
5,694   4,908 786
11,388   5,976 5,412
18,060   14,232 3,828
17,595   9,412 8,183
1,553   4,601 -3,048
10,804   24,711 -13,907
10,198   8,551 1,647
21,062   22,053 -991
3,631   3,759 -128
2,081   536 1,545
2,364   1,384 980
14,750   9,510 5,240
6,450   5,945 505
9,994   8,257 1,737
4,222   2,873 1,349
2,887   2,134 753
1,323   2,231 -908
1,753   2,230 -477
4,261   3,587 674
2,003   414 1,589
1,941   2,063 -122
582   226 356
6,024   3,727 2,297
2,551   2,935 -384
3,327   2,082 1,245
2,097   2,403 -306
2,271   2,482 -211
1,665   1,785 -120
1,810   1,982 -172
3,424   3,529 -105
3,100   3,217 -117
3,791   2,615 1,176
2,348   2,907 -559
2,342   2,592 -250
669   98 571
4,839   4,049 790
1,227   1,204 23
3,147   2,297 850
1,886   1,960 -74
2,386   2,140 246
1,704   1,595 109
1,893   2,273 -380
16,081   14,136 1,945
2,728   2,027 701
1,340   1,596 -256
1,172   1,388 -216
4,382   3,435 947
3,071   3,275 -204
3,417   2,948 469
15,481   13,617 1,864
1,676   538 1,138
1,811   117 1,694
2,732   3,045 -313
2,414   2,317 97
3,389   4,054 -665
3,089   3,425 -336
3,051   3,390 -339
2,837   2,575 262
3,008   3,129 -121
4,021   2,910 1,111
3,835   3,038 797
3,050   2,825 225
1,792   1,899 -107
2,046   1,923 123
2,421   2,258 163
1,718   1,551 167
2,290   1,949 341
3,041   2,784 257
2,658   2,708 -50
2,886   2,033 853
13,976   10,184 3,792
12,998   11,371 1,627
3,308   4,451 -1,143
1,782   2,017 -235
3,232   3,480 -248
2,408   2,348 60
1,104   178 926
817   1,322 -505
2,246   3,393 -1,147
3,218   1,517 1,701
6,035   657 5,378
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
      30
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       8,137
b       5,637
c       5,764
d       7,958
e       3,370
      -2,136
      9,702
      10,285
      7,863
      -6,833
      -1,034
      -4,149
      116
      13,992
      -252
      5,456
      -131
      2,909
      -350
      5,054
      -203
      -1,987
      -38
      7,116
      -1,233
      19,561
      -7,264
      21,722
      63
      2,463
      947
      6,810
      29
      2,713
      -443
      8,209
      12,309
      -87
      10,969
      -1,416
      179
      5,283
      612
      -6
      446
      -684
      -90
      28
      -170
      284
      -42
      130
      -180
      971
      -108
      -222
      -97
      75
      -89
      -19
      -18
       
      -3
      -35
      -89
      209
      -45
      15
      18
      51
      -31
      38
      -36
      196
      4,553
      -546
      786
      5,412
      3,828
      8,183
      -3,048
      -13,907
      1,647
      -991
      -128
      1,545
      980
      5,240
      505
      1,737
      1,349
      753
      -908
      -477
      674
      1,589
      -122
      356
      2,297
      -384
      1,245
      -306
      -211
      -120
      -172
      -105
      -117
      1,176
      -559
      -250
      571
      790
      23
      850
      -74
      246
      109
      -380
      1,945
      701
      -256
      -216
      947
      -204
      469
      1,864
      1,138
      1,694
      -313
      97
      -665
      -336
      -339
      262
      -121
      1,111
      797
      225
      -107
      123
      163
      167
      341
      257
      -50
      853
      3,792
      1,627
      -1,143
      -235
      -248
      60
      926
      -505
      -1,147
      1,701
      5,378
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 203,906
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 3,954
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 3,954
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 3,954
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 3,892
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 3,892
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 62
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10  
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax0 Refunded 11 0
For Refunded amount, also complete and attach Form 8050. See instructions.
Form 990-PF (2025)
Form 990-PF (2025)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. $   (2) On foundation managers.$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
NY
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 ofJTC TRUST COMPANY (DELAWARE) Telephone no. (302) 798-3073

Located at200 BELLEVUE PARKWAY SUITE 500WILMINGTONDE ZIP+419809
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
JTC TRUST COMPANY DELAWARE TRUSTEE
0 		20,362    
200 BELLEVUE PARKWAY SUITE 500
WILMINGTON,DE19809
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000................... 0
Form 990-PF (2025)
Form 990-PF (2025)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................  
Form 990-PF (2025)
Form 990-PF (2025)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
4,112,485
b
Average of monthly cash balances.......................
1b
142,697
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
4,255,182
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
4,255,182
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
63,828
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
4,191,354
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
209,568
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
209,568
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
3,954
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
3,954
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
205,614
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
205,614
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
205,614
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
224,182
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
224,182
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 7 205,614
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 212,751
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2025:
a From 2020...... 0
b From 2021...... 0
c From 2022...... 0
d From 2023...... 0
e From 2024...... 0
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2025 from Part
XI, line 4: $ 224,182
a Applied to 2024, but not more than line 2a 212,751
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..... 11,431
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2025. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2024. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2025. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2026 .......... 		194,183
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2020 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2021 .... 0
b Excess from 2022 .... 0
c Excess from 2023 .... 0
d Excess from 2024 .... 0
e Excess from 2025 .... 0
Form 990-PF (2025)
Form 990-PF (2025)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2025, enter the date of the ruling ......
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2025 (b) 2024 (c) 2023 (d) 2022
         
b 85% (0.85) of line 2a .......          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, 3b, or 3c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
NONE
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
NONE
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, 2b, 2c, and 2d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2025)
Form 990-PF (2025)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

WAVE HILL

675 W 252 STREET
BRONX,NY104712899 		NONE   GENERAL OPERATING 212,751
Total ................................. 3a 212,751
bApproved for future payment
Total ................................. 3b  
Form 990-PF (2025)
Form 990-PF (2025)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 116,312  
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 ............ 		    18 203,906  
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) ..   320,218  
13Total. Add line 12, columns (b), (d), and (e)..................
13
320,218
(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:
BOARD OF TRUSTEES OF PERKINS GARDENS
EIN:
13-6056026
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC 1,000     1,000

TY 2025 InvestmentsCorpBondsSchedule
Name:
BOARD OF TRUSTEES OF PERKINS GARDENS
EIN:
13-6056026
Name of Bond End of Year Book Value End of Year Fair Market Value
FIXED INCOME 777,795 763,949

TY 2025 InvestmentsCorpStockSchedule
Name:
BOARD OF TRUSTEES OF PERKINS GARDENS
EIN:
13-6056026
Name of Stock End of Year Book Value End of Year Fair Market Value
EQUITIES 2,194,475 4,320,381

TY 2025 InvestmentsOtherSchedule2
Name:
BOARD OF TRUSTEES OF PERKINS GARDENS
EIN:
13-6056026
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
SEE ATTACHED STATEMENT      
697435105 PALO ALTO NETWORKS I      
74340W103 PROLOGIS INC      
67103H107 O REILLY AUTOMOTIVE      
084670702 BERKSHIRE HATHAWAY I      
58933Y105 MERCK & CO INC NEW      
921937827 VANGUARD BD IDX FD I      
464288281 ISHARES JPM USD EMER      
92826C839 VISA INC-CLASS A SHA      
922908751 VANGUARD SMALL-CAP E      
921943858 VANGUARD FTSE DEVELO      
921937835 VANGUARD BD IDX FD T      
922042858 VANGUARD FTSE EMERGI      
79466L302 SALESFORCE INC.      
64110L106 NETFLIX COM INC      
16411R208 CHENIERE ENERGY INC      
20030N101 COMCAST CORP NEW      
874054109 TAKE-TWO INTERACTIVE      
436440101 HOLOGIC INC      
231021106 CUMMINS INC      
745867101 PULTE GROUP INC      
166764100 CHEVRON CORP      
127097103 COTERRA ENERGY INC      
573284106 MARTIN MARIETTA MATL      
159864107 CHARLES RIV LABORATO      
237194105 DARDEN RESTAURANTS I      
46625H100 JPMORGAN CHASE & CO      
67066G104 NVIDIA CORP      
92343V104 VERIZON COMMUNICATIO      
91324P102 UNITEDHEALTH GROUP I      
74762E102 QUANTA SVCS INC      
060505104 BANK OF AMERICA CORP      
023135106 AMAZON COM INC      
808513105 SCHWAB CHARLES CORP      
337738108 FISERV INC      
91913Y100 VALERO ENERGY CORP C      
209115104 CONSOLIDATED EDISON      
883556102 THERMO FISHER CORP      
539830109 LOCKHEED MARTIN CORP      
101137107 BOSTON SCIENTIFIC CO      
747525103 QUALCOMM INC COM      
907818108 UNION PAC CORP COM      
693475105 PNC FINANCIAL SERVIC      
532457108 ELI LILLY & CO.      
244199105 DEERE & CO.      
742718109 PROCTER & GAMBLE COM      
617446448 MORGAN STANLEY      
437076102 HOME DEPOT INC COM      
149123101 CATERPILLAR INC DEL      
038222105 APPLIED MATERIALS CO      
037833100 APPLE INC COM      
68389X105 ORACLE CORPORATION C      
713448108 PEPSICO INC COM      
594918104 MICROSOFT CORP COM      
053015103 AUTOMATIC DATA PROCE      
002824100 ABBOTT LABS INC COM      
931142103 WALMART STORES INC C      
G3265R107 APTIV HOLDINGS LTD.      
040413205 ARISTA NETWORKS INC      
09290D101 BLACKROCK INC COM      
75513E101 RTX CORPORATION      
89832Q109 TRUIST FINL CORP COM      
22052L104 CORTEVA INC COM USD0      
90353T100 UBER TECHNOLOGIES IN      
260557103 DOW INC COM      
11135F101 BROADCOM INC COM      
46266C105 IQVIA HLDGS INC COM      
02079K107 ALPHABET INC CAP STK      
02079K305 ALPHABET INC CAP STK      
22822V101 CROWN CASTLE INC      
49338L103 KEYSIGHT TECHNOLOGIE      
98978V103 ZOETIS INC      
00287Y109 ABBVIE INC      
609207105 MONDELEZ INTL INC      

TY 2025 OtherExpensesSchedule
Name:
BOARD OF TRUSTEES OF PERKINS GARDENS
EIN:
13-6056026
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
STATE FILING FEE 250 0   250
OTHER EXPENSE (NON-DEDUCTIBLE 22,218 22,218   0


TY 2025 OtherIncomeSchedule2
Name:
BOARD OF TRUSTEES OF PERKINS GARDENS
EIN:
13-6056026
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
PROLOGIS INC 52 52  


TY 2025 OtherIncreasesSchedule
Name:
BOARD OF TRUSTEES OF PERKINS GARDENS
EIN:
13-6056026
Description Amount
MUTUAL FUND TIMING ADJ 308
RETURN OF CAPITAL 63


TY 2025 TaxesSchedule
Name:
BOARD OF TRUSTEES OF PERKINS GARDENS
EIN:
13-6056026
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL TAX PAYMENT - PRIOR YE 2,480 0   0
FEDERAL ESTIMATES - PRINCIPAL 3,892 0   0
FOREIGN TAXES ON QUALIFIED FOR 2,119 2,119   0
FOREIGN TAXES ON NONQUALIFIED 1,182 1,182   0