TY 2025 Form 990PF

- TIN:

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 Lightner Sams Foundation Inc

% Foundation Source

Number and street (or P.O. box number if mail is not delivered to street address) Foundation Source 501 Silverside Rd
Room/suite

City or town
Wilmington

State or province
DE

Country

ZIP or foreign postal code
198091377

A Employer identification number

75-2555622

B Telephone number (see instructions)

8008391754

C If exemption application is pending, check here

G Check all that apply: Initial returnInitial return of a former public charity

Address change Name change

D 1. Foreign organizations, check here.............

2. Foreign organizations meeting the 85%
test, check here and attach computation ...

E If private foundation status was terminated
under section 507(b)(1)(A), check here .......

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here .......

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)$13,316,817J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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)


1	Contributions, gifts, grants, etc., received (attach schedule)	0
2	Check .................
3	Interest on savings and temporary cash investments	1,869		1,869
4	Dividends and interest from securities...	315,561		315,561
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		588,445
b	Gross sales price for all assets on line 6a 12,627,402
7	Capital gain net income (from Part IV, line 2)...			588,445
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........	905,875		905,875
13	Compensation of officers, directors, trustees, etc.	46,200				46,200
14	Other employee salaries and wages......	9,600				9,600
15	Pension plans, employee benefits.......	4,203				4,203
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	108,746	108,746
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	19,364	8,725
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	82,919	1,672		45,273
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	271,032		119,143		105,276
25	Contributions, gifts, grants paid.......	470,889				470,889
26	Total expenses and disbursements. Add lines 24 and 25 ................	741,921		119,143		576,165
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	163,954
b	Net investment income (if negative, enter -0-)			786,732
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	263,833	305,268	305,268
	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)	52,546
	b	Investments—corporate stock (attach schedule).......	7,898,395	List of Attached Documents: // Content 7,904,875	9,758,928
	c	Investments—corporate bonds (attach schedule).......	2,836,342	List of Attached Documents: // Content 3,025,376	3,063,129
	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 )	List of Attached Documents: // Content 209,941	List of Attached Documents: // Content 189,492	List of Attached Documents: // Content 189,492
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	11,261,057	11,425,011	13,316,817
	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
		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........
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds	11,261,057	11,425,011
	29	Total net assets or fund balances (see instructions).....	11,261,057	11,425,011
	30	Total liabilities and net assets/fund balances (see instructions).	11,261,057	11,425,011

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

11,261,057

Enter amount from Part I, line 27a .....................

163,954

Other increases not included in line 2 (itemize)

Add lines 1, 2, and 3 ..........................

11,425,011

Decreases not included in line 2 (itemize)

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..

11,425,011

Form 990-PF (2025)

Page 3

Part IV

Capital Gains and Losses for Tax on Investment Income

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)		(b) How acquired P—Purchase D—Donation	(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1 a	Publicly-traded Securities
b
c
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	12,627,402	12,038,957	588,445
b
c
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			588,445
b
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	588,445
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 .........................		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.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	10,936
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
3	Add lines 1 and 2...........................	3	10,936
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	10,936
6	Credits/Payments:

a	2025 estimated tax payments and 2024 overpayment credited to 2025	6a	8,200
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c
d	Backup withholding erroneously withheld ..........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	8,200
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. List of Attached Documents: // Content		8	4
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	2,740
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	0
	For Refunded amount, also complete and attach Form 8050. See instructions.

Form 990-PF (2025)

Page 4

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. $ (2) On foundation managers.$

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers.$

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

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? ................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address

The books are in care ofFoundation Source Telephone no. (800) 839-1754

Located at501 Silverside Road Suite 123WilmingtonDE ZIP+4198091377

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 ........

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)

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

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)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........

1a(3)

(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)

(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)

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 ..........

Organizations relying on a current notice regarding disaster assistance check here ........

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? .............

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)):

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?....................

If "Yes," list the years 20, 20, 20, 20

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.) ..............

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

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

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.).....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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? ..

Form 990-PF (2025)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(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)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

(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)

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 ........

Organizations relying on a current notice regarding disaster assistance check .........

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? .................

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

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? .........................

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
Charles Derek Adleta	Dir, Trustee, Pres 6.0	19,200	0
Foundation Source 501 Silverside Rd Wilmington,DE198091377	Dir, Trustee, Pres 6.0	19,200	0
Kristin Lightner	Dir, Trustee, Treas 4.0	3,000	0
Foundation Source 501 Silverside Rd Wilmington,DE198091377	Dir, Trustee, Treas 4.0	3,000	0
Larry F Lightner	Trustee, VP 6.0	24,000	9,774
Foundation Source 501 Silverside Rd Wilmington,DE198091377	Trustee, VP 6.0	24,000	9,774
Robin H Lightner	Trustee 1.0	0	0
Foundation Source 501 Silverside Rd Wilmington,DE198091377	Trustee 1.0	0	0
Sue B Lightner	Dir, Trustee, VP 6.0	0	0
Foundation Source 501 Silverside Rd Wilmington,DE198091377	Dir, Trustee, VP 6.0	0	0
Kamala A Lightner-Scammahorn	Dir, Trustee, Sec 4.0	0	0
Foundation Source 501 Silverside Rd Wilmington,DE198091377	Dir, Trustee, Sec 4.0	0	0

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










Total number of other employees paid over $50,000...................

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
Kestra Advisory Services LLC	Investment Mgmt	108,746
14135 Midway Rd Ste G110 ADDISON,TX75001	Investment Mgmt	108,746

Total number of others receiving over $50,000 for professional services............. right arrow

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)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

12,151,671

Average of monthly cash balances.......................

352,596

Fair market value of all other assets (see instructions)................

189,492

Total (add lines 1a, 1b, and 1c).......................

12,693,759

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

12,693,759

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

instructions) .............................

190,406

Net value of noncharitable-use assets. Subtract line 4 from line 3. ............

12,503,353

Minimum investment return. Enter 5% (0.05) of line 5 ................

625,168

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.)

Minimum investment return from Part IX, line 6..................

625,168

Tax on investment income for 2025 from Part V, line 5 .......

10,936

Income tax for 2025. (This does not include the tax from Part V.) ...

Add lines 2a and 2b............................

10,936

Distributable amount before adjustments. Subtract line 2c from line 1............

614,232

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

614,232

Deduction from distributable amount (see instructions) .................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...

614,232

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, line 26, column (d) ..........

576,165

Program-related investments—total from Part VIII-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......

576,165

Form 990-PF (2025)

Page 9

Part XII

Undistributed Income (see instructions)

		(a) Corpus	(c) 2024	(d) 2025
1 Distributable amount for 2025 from Part X, line 7				614,232
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only.......			566,777
b Total for prior years:2023, 2022, 2021
3 Excess distributions carryover, if any, to 2025:
a From 2020......
b From 2021......
c From 2022......
d From 2023......
e From 2024......
f Total of lines 3a through e ........
4Qualifying distributions for 2025 from Part
XI, line 4: $ 576,165
a Applied to 2024, but not more than line 2a			566,777
b Applied to undistributed income of prior years (Election required—see instructions) .....
c Treated as distributions out of corpus (Election required—see instructions) ........
d Applied to 2025 distributable amount.....				9,388
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2025.
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		0
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........
e Undistributed income for 2024. Subtract line 4a from line 2a. Taxable amount—see instructions .............
f Undistributed income for 2025. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2026 ..........				604,844
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......
8 Excess distributions carryover from 2020 not applied on line 5 or line 7 (see instructions) ...
9 Excess distributions carryover to 2026. Subtract lines 7 and 8 from line 6a ......		0
10 Analysis of line 9:
a Excess from 2021 ....
b Excess from 2022 ....
c Excess from 2023 ....
d Excess from 2024 ....
e Excess from 2025 ....	0

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 4942(j)(3) or4942(j)(5)

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	(e) Total

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.

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)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
AMYS FRIENDS 1215 SKILES ST DALLAS,TX75204	N/A		General & Unrestricted	15,000
ASCEND DALLAS 4201 SPRING VALLEY RD STE 1400 DALLAS,TX75244	N/A		Nurse Family Partnership fund	10,000
BRAIN INJURY NETWORK OF DALLAS 1416 GABLES CT PLANO,TX75075	N/A		General & Unrestricted	10,000
CHILDRENS MEDICAL CENTER FOUNDATION 2777 N STEMMONS FWY STE 1700 DALLAS,TX75207	N/A		Mental Health Services at the Rees-Jones Center for Foster care excellence	10,000
DALLAS CASA 2757 SWISS AVE DALLAS,TX75204	N/A		Volunteer training program	20,000
DALLAS PETS ALIVE 11700 PRESTON RD STE 660 PMB 263 DALLAS,TX75230	N/A		Dogs Matter fund	20,000
GENESIS WOMENS SHELTER & SUPPORT 2023 LUCAS DR DALLAS,TX75219	N/A		General & Unrestricted	20,000
HEALTH SERVICES OF NORTH TEXAS INC 4401 N INTERSTATE 35 UNIT 312 DENTON,TX76207	N/A		for Supporting medical visits for uninsured children	10,000
HEALTH SERVICES OF NORTH TEXAS INC 4401 N INTERSTATE 35 UNIT 312 DENTON,TX76207	N/A		for the purchase of Two new refrigerators for vaccine storage and six wifi-enabled data loggers	10,389
JUDIS HOUSE 10125 E 25TH AVE AURORA,CO80010	N/A		General & Unrestricted	25,000
LEGACY COUNSELING CENTER INC 4054 MCKINNEY AVE DALLAS,TX75204	N/A		Technology Needs fund	30,000
MEALS ON WHEELS COLLIN COUNTY 600 N TENNESSEE ST MCKINNEY,TX75069	N/A		General & Unrestricted	15,000
MENTAL HEALTH AMERICA OF GREATER DALLAS 2824 SWISS AVE DALLAS,TX75204	N/A		WHO Program	15,000
METRO CRISIS SERVICES INC PO BOX 460695 DENVER,CO80246	N/A		Caring Connect fund	20,000
MORGAN ADAMS FOUNDATION 5303 E EVANS AVE STE 200 DENVER,CO80222	N/A		General & Unrestricted	20,000
MOSAIC FAMILY SERVICES INC 12225 GREENVILLE AVE STE 600 DALLAS,TX75243	N/A		Counseling Program	15,000
NEW HOPE EQUINE ASSISTED THERAPY 6151 FM 1830 ARGYLE,TX76226	N/A		General & Unrestricted	25,000
NORTH TEXAS FOOD BANK 3677 MAPLESHADE LN PLANO,TX75075	N/A		General & Unrestricted	25,000
PATRIOT PAWS SERVICE DOGS 254 RANCH TRL ROCKWALL,TX75032	N/A		Pet for a Vet 2025 Campaign	10,000
RESOURCE CENTER OF DALLAS INC PO BOX 190869 DALLAS,TX75219	N/A		Health and Wellness Programs	20,000
SENIOR CITIZENS OF GREATER DALLAS INC 3910 HARRY HINES BLVD DALLAS,TX75219	N/A		Beat The Heat Project	10,000
SKY RANCHES INC 24657 COUNTY RD 448 VAN,TX75790	N/A		Cabin Remodel Project	15,000
SKY RANCHES INC 24657 COUNTY RD 448 VAN,TX75790	N/A		Scholarship fund	15,000
SOLAR CAR CHALLENGE FOUNDATION 3505 CASSIDY DR PLANO,TX75023	N/A		Solar Car Trailer Wrap fund	5,000
SUICIDE AND CRISIS CENTER OF NORTH TEXAS 2808 SWISS AVE DALLAS,TX75204	N/A		Teens Can Survive Program	10,000
THE CENTER FOR INTEGRATIVE COUNSELING AND PSYCHOLO 4305 MACARTHUR AVE DALLAS,TX75209	N/A		General & Unrestricted	15,000
THE MENTORING ALLIANCE 1909 S BROADWAY AVE TYLER,TX75701	N/A		After School and Summer Camp Scholarship fund	8,000
TRANSITION RESOURCE ACTION CENTER 3108 LIVE OAK ST DALLAS,TX75204	N/A		Care Kits Program	15,000
VALLEY ZOOLOGICAL SOCIETY CHARTERED MAY 1968 500 E RINGGOLD ST BROWNSVILLE,TX78520	N/A		Mundo Huasteco y Totonaco project	25,000
WELL COMMUNITY 125 SUNSET AVE DALLAS,TX75208	N/A		General & Unrestricted	7,500
Total ................................. 3a				470,889

bApproved for future payment

Total ................................. 3b

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	(e) Related or exempt function income (See instructions.)
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 ...........			14	1,869
4 Dividends and interest from securities ....			14	315,561
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	588,445
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) ..				905,875

13Total. Add line 12, columns (b), (d), and (e)..................

905,875

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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. Yes No
	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

- TIN:

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

TY 2025 DepreciationSchedule

Name:

The Lightner Sams Foundation Inc

EIN:

75-2555622

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense	Net Investment Income	Adjusted Net Income	Cost of Goods Sold Not Included

- TIN:

TY 2025 InvestmentsCorpBondsSchedule

Name:

The Lightner Sams Foundation Inc

EIN:

75-2555622

Name of Bond	End of Year Book Value	End of Year Fair Market Value
ABBVIE INC - 3.200% - 11/21/20	50,480	53,374
AIR PRODUCTS - 4.850% - 02/08/	50,966	51,937
AMAZON INC - 2.100% - 05/12/20	54,676	57,884
ARCELORMITTAL UNSECD NOTE CPN	59,946	59,263
ASTRAZENECA FINANCE LLC UNSECD	50,619	51,705
BANK OF AMERICA CORP MED TERM	50,143	53,905
BANK OF AMERICA CORP SER NOTES	49,679	54,280
BARCLAYS PLC SR NOTE - 5.501%	67,577	66,387
BP CAP MKTS AMER INC NOTE - 4.	50,640	51,731
BROADCOM INC - 4.750% - 04/15/	63,381	64,220
CAMPBELL SOUP CO - 5.400% - 03	59,305	56,094
CITIGROUP INC - 2.572% - 06/03	41,975	41,736
CITIGROUP INC - 3.785% - 03/17	51,399	53,476
COCA COLA CO NOTE CALL MAKE WH	50,980	54,318
COCA-COLA CO - 5.000% - 05/13/	44,155	44,776
CSX CORP SR NOTE - 5.050% - 06	53,212	52,840
CVS HEALTH CORP NOTE - 1.750%	64,726	64,795
DIAMONDBACK ENERGY INC - 6.250	49,818	50,730
DOLLAR GEN CORP - 3.500% - 04/	63,976	63,890
DTE ENERGY CO - 5.100% - 03/01	39,278	38,971
ENBRIDGE INC MTN CDS- NOTE - 5	48,626	48,527
FEDL HOME LOAN MTG CORP POOL #	42,567	45,313
FLORIDA PWR & LIGHT CO 1ST MTG	49,088	49,941
FORD HOLDINGS INC - 9.300% - 0	61,320	48,538
FORD MOTOR CREDIT - 5.125% - 1	47,423	48,216
FOX CORP SER B - 4.709% - 01/2	67,404	66,878
GENERAL MOTORS - 3.100% - 03/1	49,227	54,764
GOLDMAN SACHS GROUP INC - 2.61	52,248	54,759
HCA INC - 5.500% - 06/01/2033	62,505	62,530
JABIL INC NOTE CALL MAKE WHOLE	51,508	51,834
JP MORGAN CHASE - 2.580% - 04/	46,640	53,976
JPMORGAN CHASE & CO - 5.290% -	42,354	43,402
JPMORGAN CHASE & CO NOTE - 2.9	64,244	65,252
KRAFT HEINZ FOODS COSER B NOTE	49,609	48,979
LOWES - 3.650% - 04/05/2029	50,831	52,316
MORGAN STANLEY - 5.420% - 07/2	51,998	53,140
MORGAN STANLEY SR NOTE - 5.587	63,852	63,672
NETFLIX INC - 4.900% - 08/15/2	57,974	57,205
NEVADA POWER CO SER CC NOTE -	61,128	60,121
NISOURCE IN UNSECD NOTE - 5.25	42,303	42,048
NISOURCE INC - 2.950% - 09/01/	51,655	51,851
NRG ENERGY INC SER B - 5.750%	46,596	45,171
OTIS WORLDWIDE CORP SER B NOTE	52,793	52,477
PACIFIC GAS & ELEC COSER 29 -	56,066	52,815
PIONEER NATURAL RESOURCES CO -	57,405	59,743
PNC FINANCIAL SERVICES - 4.899	58,672	58,394
PNC FINL SVCS GROUP INC SR NOT	57,852	58,190
REALTY INCOME CORP SR NOTE - 4	49,613	50,880
ROYAL BANK CANADA MEDIUM TERM	51,965	52,260
S&P GLOBAL INC - 4.250% - 05/0	51,371	52,279
SOUTHWESTERN ENERGY CO NOTE CA	51,249	51,713
STEEL DYNAMICS INC - 5.380% -	51,286	52,920
SUNOCO LOGISTICS PARTNERS NOTE	57,627	60,878
TD BANK - 3.200% - 03/10/2032	54,419	56,793
TEVA PHARM NETHERLANDS - 4.750	42,120	42,948
UBER TECHNOLOGIES INC - 4.800%	53,961	53,988
WELLS FARGO BANK - 6.491% - 10	50,946	52,106

- TIN:

TY 2025 InvestmentsCorpStockSchedule

Name:

The Lightner Sams Foundation Inc

EIN:

75-2555622

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ABBOTT LABS	21,590	20,548
ABBVIE INC	49,440	58,493
ACCENTURE PLC	64,832	62,782
ACUITY BRANDS INC	33,546	43,205
ADOBE SYSTEMS, INC	34,172	30,449
ADVANCED MICRO DEVICES INC	8,692	13,278
ADVANTEST CORP - ADR	26,299	42,340
AFLAC INC	10,961	17,753
AIA GROUP LTD ADR	41,791	48,005
ALLEGION PLC	39,566	41,716
ALLIANZ SE	24,506	26,634
ALPHABET INC CL A	132,312	237,254
AMAZON COM	101,265	123,950
AMEREN CORPORATION	24,944	23,667
AMERICAN EXPRESS CO	38,483	64,001
AMPHASTAR PHARMACEUTICALS INC	10,175	9,025
ANTERO MIDSTREAM CORPORATION	13,512	12,595
APOLLO GLOBAL MANAGEMENT, INC	8,720	8,830
APPLE INC	134,413	203,351
APPLIED MATERIALS INC	7,252	9,509
ARCH CAPITAL GROUP LTD	47,707	49,591
ARISTA NETWORKS	12,692	30,661
ASML HOLDING NV NY REG SHS	23,290	24,607
ASSURANT INC	28,344	36,609
ASTRAZENECA PLC SP ADR	59,555	79,244
AT&T, INC	12,686	19,698
ATMOS ENERGY CORP	26,194	30,341
AUTOMATIC DATA PROCESSING INC	12,529	13,633
AXCELIS TECHNOLOGIES INC	5,428	9,159
BAE SYSTEMS PLC	36,495	39,660
BANCO BILBAO ARG SA	42,528	90,956
BANCO SANTANDER CEN	38,680	56,410
BANK OF AMERICA CORP	22,649	34,430
BARCLAYS PLC ADR	12,341	14,685
BLACKROCK INC	13,021	17,125
BOOT BARN HOLDINGS, INC	9,758	8,294
BOSTON SCIENTIFIC	8,966	8,772
BRADY CP CL A	11,765	12,539
BRIXMOR PPTY GROUP INC COM	21,146	20,058
BROADCOM INC	47,867	131,172
CACI INTL INC	26,932	34,633
CARDINAL HEALTH INC	6,281	8,220
CARGURUS INC	8,716	10,009
CBOE HOLDINGS INC	51,853	55,973
CELESTICA INC. SV	7,141	40,794
CELSIUS HLDGS INC	6,627	6,907
CENCORA INC	23,773	42,557
CHARLES RIV LABORATORIES INTL	9,378	9,974
CHECK POINT SOFTWARE TECHNOLOG	23,080	29,318
CHEVRON CORP	17,125	16,613
CHUBB LIMITED	61,166	74,597
CINTAS CRP	10,231	14,105
CISCO SYSTEMS INC	43,326	53,844
CLEAR SECURE	8,506	10,945
CNO FINANCIAL GROUP INC	15,690	16,436
CNX RESOURCES CORP	6,362	5,810
CONSTELLATION ENERGY GROUP INC	12,875	19,077
COPA HOLDINGS S.A	41,419	45,349
CRANE CO	8,855	10,328
CRH PLC	52,031	71,136
CUMMINS INC	24,899	35,221
CURTISS WRIGHT CP	13,576	34,179
DANAHER CORP	16,281	16,482
DECKERS OUTDOOR CORPORATION	8,695	8,708
DOCUSIGN INC	19,766	21,888
DORMAN PRODUCTS INC	31,230	28,087
DT MIDSTREAM INC	24,103	27,287
DUKE ENERGY CO	28,986	29,185
EATON CORP PLC	36,514	30,895
ELEMENT SOLUTIONS INC	12,627	12,695
ELI LILLY & CO	59,321	80,601
EMCOR GROUP INC	43,794	64,850
ENGIE	38,738	43,818
ERSTE BK DER OEST SP	25,295	78,312
ESSENTIAL PROPERTIES REALTY TR	7,178	7,029
EVERTEC INC	18,128	15,854
EXELIXIS, INC.	13,708	14,026
EXXON MOBIL CORP	31,587	34,778
FABRINET INC	30,978	63,284
FIFTH THIRD BANCORP	15,464	18,584
FIRST TRUST STRAT H/I FUND	9,559	9,268
FIVE9 INC	18,106	10,566
FOX CORP CL A	22,317	41,504
FRESHWORKS ORD SHARES CLASS A	12,536	10,376
GARMIN LTD	21,778	21,299
GE VERNOVA	4,476	11,111
GENERAL ELECTRIC CO	19,091	40,352
GENPACT LIMITED	59,180	58,428
GOLD FIELDS LTD ADS	14,558	35,321
GOLDMAN SACHS GROUP	17,509	36,918
GROUPE DANONE ADS	36,048	37,740
HALOZYME THERAPEUTICS, INC	8,306	10,095
HOME DEPOT INC	19,179	17,549
HURON CONSULTING GROUP INC	10,406	16,254
IBERDROLA ADR	33,414	51,408
IDACORP INC HLDG CO	5,298	6,328
INTERFACE INC CL A	14,620	18,651
INTERNATIONAL BUSINESS MACHINE	19,150	24,289
INTESA SANPAOLO SPA	30,331	38,115
INTUIT	10,259	10,599
INTUITIVE SURGICAL	6,052	6,230
ISHARE SP SMALL CAP 600 INDEX	173,152	186,399
ISHARES CORE MSCI TOTAL INTERN	144,906	168,518
ISHARES IBOXX $ HIGH YIELD COR	247,110	253,098
ISHARES RUSSELL TOP 200 VALUE	94,708	94,248
ISHARES S&P 1500 INDEX FD	62,824	84,902
ISHARES S&P 500 INDEX FD	456,579	510,281
JAPAN TOB INC	58,105	62,090
JOHNSON & JOHNSON	64,059	82,366
JP MORGAN CHASE	54,698	90,222
KDDI CP UNSP ADR	26,618	26,713
KLA TENCOR CORP	17,802	27,947
LCI INDUSTRIES	9,517	9,343
LEIDOS HOLDINGS INC	21,761	27,962
LEONARDO S.P.A. AMER DEP RECEI	44,745	44,572
LIGAND PHARMACEUTICALS INC	9,789	17,773
LINDE PLC COM	37,605	42,639
LOGITECH INTERNATIONAL	46,599	48,907
MASTERCARD INC	10,130	10,276
MAXIMUS INC	13,958	16,573
MCDONALD'S CORP	19,601	23,839
MCKESSON CORP	16,512	25,429
META PLATFORMS INC	68,752	89,112
MGP INGREDIENTS, INC	6,096	5,783
MICRON TECHNOLOGY	5,480	15,698
MICROSOFT CORP	175,904	218,596
MONARCH CASINO AND RESORT INC	9,006	8,039
MORGAN STANLEY	51,218	78,291
NATIONAL GRID TRANSCO PLC	40,376	47,725
NATL FUEL GAS CO	34,966	34,426
NAVIGATOR TACTICAL FIXED INCOM	452,601	406,991
NETAPP, INC	8,439	7,389
NETFLIX INC	8,275	12,189
NEWMARK GROUP INC	7,270	10,057
NEWMONT GOLDCORP CORPORATION	25,350	29,356
NITTO DENKO ADR	29,590	36,057
NOVARTIS AG ADR	32,620	40,258
NVENT ELECTRIC PLC	61,892	91,059
NVIDIA CORP	146,324	255,319
OIL CO LUKOIL PJSC SPON ADR RE	24,913	0
OMNICOM GROUP	51,360	51,196
OSI SYSTEMS, INC	23,789	41,065
PALOMAR HOLDINGS	13,294	14,958
PARKER HANNIFIN CP	29,969	59,769
PAYPAL HOLDINGS, INC	34,458	26,154
PENTAIR INC. COM	16,056	20,203
PERDOCEO EDUCATION	12,956	13,609
PHILIP MORRIS INTL	20,017	18,927
PHOTRONICS INC COM	9,926	8,992
PRIMORIS SERVICES CORP	10,845	18,124
PROCTER GAMBLE CO	32,464	30,095
PROGRESSIVE CORP OHIO	22,615	20,495
PROLOGIS	40,788	41,745
QUALYS INC COM	36,540	33,358
RALPH LAUREN CORP	14,607	27,935
RAYTHEON TECHNOLOGIES CORP	20,418	31,728
REPSOL YPF S A ADR	35,909	36,613
RINGCENTRAL INC	14,607	12,130
ROYAL BANK OF CANADA	37,267	52,340
ROYALTY PHARMA CL A	43,702	45,557
SALESFORCE.COM	33,332	35,233
SEI INVESTMENTS	27,545	26,985
SHARKNINJA, INC	8,605	8,057
SIEMENS ENERGY AG	49,010	86,052
SIGNET GROUP PLC SPONS ADR NAS	25,223	24,615
SIMON PPTY GROUP INC	15,028	16,105
SOLENO THERAPEUTICS INC	11,829	8,982
SONY GROUP CORP	37,265	32,640
SOUTHERN CO	21,964	24,939
SPDR BARCLAYS SHORT TERM HIGH	23,958	24,257
SPDR BLOOMBERG BARCLAYS HYB ET	111,734	114,513
SPDR S&P 500 GROWTH	134,650	152,261
SPROUTS FARMERS MARKET INC	7,973	6,055
STATE STREET SPDR	344,796	420,593
STERIS PLC	37,031	36,000
STERLING CONSTRUCTION COMPANY	28,043	64,002
STOCK YARDS BANCORP INC	9,185	7,794
STRYKER CORPORATION	25,674	32,687
SUMITOMO MITSUI FINCL GRP	34,012	53,042
SUNCOR ENERGY INC	36,196	39,259
TAIWAN SEMICONDUCTOR MFG CO LT	32,488	93,598
TALEN ENERGY CORP	10,703	13,119
TE CONNECTIVITY LTD	36,842	56,195
TENCENT HOLDINGS LIMITED	64,168	83,516
TESCO PLC S ADR	39,362	47,458
TESLA MOTORS INC	25,930	31,930
THE COCA-COLA CO	42,139	43,414
THE ENSIGN GROUP, INC	39,366	54,525
THE HERSHEY COMPANY	15,556	14,922
TJX COMPANIES INC	6,662	7,220
TORONTO DOMINION	53,691	70,367
TOYOTA MTR CORP	57,057	61,863
TRUSTMARK CORPORATION	11,550	12,970
UBER	19,317	21,653
UNITEDHEALTH GROUP INC	32,251	31,360
UNIVERSAL HLTH SVC B	31,221	35,319
URBAN OUTFITTERS, INC	15,003	15,203
VANGUARD FTSE ALL-WLD EX-US SM	37,849	44,576
VENTAS INC	4,176	4,720
VERIZON COMMUNICATIONS	14,555	16,048
VERTIV CL A	5,969	12,313
VIPSHOP HOLDINGS LTD	27,395	24,147
VIRTU FINANCIAL INC	12,828	11,495
VISA INC	21,629	27,706
WAL-MART STORES INC	13,576	27,295
WALT DISNEY HOLDINGS CO	15,783	17,293
WASTE MANAGEMENT INC	23,503	26,365
WATTS WATER TECHNOLOGIES INC	8,299	11,041
WELLS FARGO & CO	14,930	30,197
WILLIAMS COS	42,653	45,984
WILLIAMS SONOMA INC	18,726	20,538
WINTRUST FINANCIAL CORPORATION	41,181	50,894
YETI HOLDINGS, INC.	26,658	27,518
ZIJIN MNG GRP UNSP ADR H	22,849	26,842

- TIN:

TY 2025 OtherAssetsSchedule

Name:

The Lightner Sams Foundation Inc

EIN:

75-2555622

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
INTEREST IN LIFE INS POLICY		189,492	189,492

- TIN:

TY 2025 OtherExpensesSchedule

Name:

The Lightner Sams Foundation Inc

EIN:

75-2555622

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
Administrative Fees	44,294		44,294
Bank Charges	1,672	1,672
Cell Phone Expense	979		979
Life Insurance Premium	35,974

- TIN:

TY 2025 OtherProfessionalFeesSchedule

Name:

The Lightner Sams Foundation Inc

EIN:

75-2555622

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Investment Management Services	108,746	108,746

- TIN:

TY 2025 TaxesSchedule

Name:

The Lightner Sams Foundation Inc

EIN:

75-2555622

Category	Amount	Net Investment Income
990-PF Estimated Tax for 2025	8,200
990-PF Excise Tax for 2024	2,439
Foreign Tax Paid	8,725	8,725