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
Richard A Busemeyer Atheist Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address) 440 Hidden Valley Lane
  Room/suite
City or town
Cincinnati
State or province
OH
Country  
ZIP or foreign postal code
45215
A Employer identification number

65-0317422
B Telephone number (see instructions)

5139488955
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)$13,993,686J 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 1,361 1,361  
4 Dividends and interest from securities... 28,546 28,546  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 7,869,707
b Gross sales price for all assets on line 6a 47,146,517
7 Capital gain net income (from Part IV, line 2)... 7,869,707
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........ 7,899,614 7,899,614  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
6,753     6,753
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
8,050 4,025   4,025
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
20,124 10,062   10,062
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
73,911 367    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 24,568      
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
9,467 2,764    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 142,873 17,218   20,840
25 Contributions, gifts, grants paid....... 560,275 560,275
26 Total expenses and disbursements. Add lines 24 and 25 ................ 703,148 17,218   581,115
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 7,196,466
b Net investment income (if negative, enter -0-) 7,882,396
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2025)
Form 990-PF (2025)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 11,218 38,709 38,709
2 Savings and temporary cash investments......... 240,486 11,470,218 11,470,218
3 Accounts receivable  
Less: allowance for doubtful accounts        
4 Pledges receivable  
Less: allowance for doubtful accounts        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule)  
Less: allowance for doubtful accounts        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 5,445,427 Click to see attachment
List of Attached Documents:
// Content
5,007 		6,063
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,010,814 Click to see attachment
List of Attached Documents:
// Content
2,390,515 		2,478,696
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) 6,707,945 13,904,449 13,993,686
Liabilities 17 Accounts payable and accrued expenses..........   38
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).........   38
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 6,707,945 13,904,411
29 Total net assets or fund balances (see instructions)..... 6,707,945 13,904,411
30 Total liabilities and net assets/fund balances (see instructions). 6,707,945 13,904,449
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
6,707,945
2
Enter amount from Part I, line 27a .....................
2
7,196,466
3
Other increases not included in line 2 (itemize)
3
 
4
Add lines 1, 2, and 3 ..........................
4
13,904,411
5
Decreases not included in line 2 (itemize)
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
13,904,411
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 ALPHABET INC P 2025-03-26 2025-05-21
b AMAZON.COM INC P 2024-08-19 2025-02-06
c AMAZON.COM INC P 2025-10-21 2025-11-06
d AMPLIFY CYBERSECURITY ETF P 2025-06-27 2025-10-03
e APPLE INC P 2025-03-26 2025-09-29
APPLE INC P 2025-10-21 2025-11-06
CISCO SYS INC P 2025-06-27 2025-09-29
CYBERARK SOFTWARE LTD F P 2025-06-27 2025-10-03
D-WAVE QUANTUM INC P 2025-03-18 2025-09-29
D-WAVE QUANTUM INC P 2025-03-18 2025-10-02
D-WAVE QUANTUM INC P 2025-03-18 2025-10-08
DEFIANCE QUANTUM ETF P 2024-02-06 2025-10-03
DEFIANCE QUANTUM ETF P 2023-02-08 2025-10-03
DEFIANCE QUANTUM ETF P 2025-10-02 2025-10-08
EATON VNCE MGD GLBL BUY P 2025-03-26 2025-06-27
ENERSYS P 2024-10-01 2025-02-06
FIRST SOLAR INC P 2022-08-18 2025-02-06
FIRST SOLAR INC P 2024-09-23 2025-02-06
FLUENCE ENERGY INC CLASS P 2024-10-01 2025-02-06
GILEAD SCIENCES INC P 2025-05-13 2025-10-03
GILEAD SCIENCES INC P 2025-06-27 2025-10-03
GLOBAL X CYBERSECURITY ETF P 2025-06-27 2025-09-29
GLOBAL X CYBERSECURITY ETF P 2025-10-02 2025-10-08
GLOBAL X CYBERSECURITY ETF P 2025-10-21 2025-11-06
GLOBAL X DEFENSE TECH ETF P 2025-05-21 2025-10-08
GLOBAL X DEFENSE TECH ETF P 2025-10-02 2025-10-08
HONEYWELL INTL INC P 2024-08-19 2025-02-06
IONQ INC P 2023-01-30 2025-02-06
IONQ INC P 2025-03-18 2025-09-29
IONQ INC P 2025-03-18 2025-10-08
ISHARES BIOTECHNOLOGY ETF P 2025-05-21 2025-10-08
ISHARES CORE MSCI TOTL INTL P 2025-10-21 2025-11-06
ISHARES LATIN AMERICA 40 ETF P 2025-03-26 2025-10-08
ISHARES LATIN AMERICA 40 ETF P 2025-10-02 2025-10-08
ISHARES MSCI INDIA INDEX ETF P 2025-03-26 2025-08-25
ISHARES MSCI MEXICO ETF P 2025-03-26 2025-10-08
ISHARES MSCI SOUTH KOREA ETF P 2025-03-26 2025-06-27
JOHNSON JOHNSON P 2024-09-16 2025-02-06
LEIDOS HLDGS INC P 2025-03-26 2025-10-03
LOCKHEED MARTIN CORP P 2024-05-01 2025-02-06
MERCK CO. INC. P 2016-04-01 2025-02-06
META PLATFORMS INC CLASS A P 2025-03-26 2025-05-13
MICROSOFT CORP P 2024-08-19 2025-02-06
MICROSOFT CORP P 2025-03-26 2025-09-29
MSCI INC P 2025-03-26 2025-05-22
MSCI INC P 2025-05-22 2025-06-27
NANO NUCLEAR ENERGY EQUI P 2025-06-27 2025-09-29
NANO NUCLEAR ENERGY EQUI P 2025-07-28 2025-10-08
NEXTERA ENERGY INC P 2022-08-18 2025-02-06
NEXTERA ENERGY INC P 2024-10-01 2025-02-06
NORTHROP GRUMMAN CORP P 2024-05-01 2025-02-06
NUSCALE PWR CORP CLASS A P 2025-06-27 2025-09-29
NVIDIA CORP P 2025-03-18 2025-09-29
ORACLE CORP P 2024-09-16 2025-02-06
PALANTIR TECHNOLOGIES IN CLASS A P 2025-04-22 2025-10-08
PALANTIR TECHNOLOGIES IN CLASS A P 2025-06-27 2025-10-08
PALANTIR TECHNOLOGIES IN CLASS A P 2025-10-02 2025-10-08
PALO ALTO NETWORKS INC P 2025-06-27 2025-10-03
QUANTUM COMPUTING INC P 2025-03-18 2025-09-29
QUANTUM COMPUTING INC P 2025-03-18 2025-10-08
RIGETTI COMPUTING INC P 2023-01-30 2025-02-20
RIGETTI COMPUTING INC P 2024-12-10 2025-02-20
RIGETTI COMPUTING INC P 2025-03-18 2025-09-29
RIGETTI COMPUTING INC P 2025-03-18 2025-10-02
RIGETTI COMPUTING INC P 2025-03-18 2025-10-08
RTX CORP P 2024-10-25 2025-02-06
SAAB AB F P 2025-03-26 2025-10-08
SOUNDHOUND AI INC CLASS A P 2025-03-04 2025-06-27
SOUNDHOUND AI INC CLASS A P 2025-03-26 2025-06-27
SOUNDHOUND AI INC CLASS A P 2025-05-29 2025-06-27
SPDR SP 500 ETF IV P 2024-08-19 2025-02-06
TAIWAN SEMICONDUCTOR M F SPONSORED ADR P 2025-03-26 2025-09-29
TESLA INC P 2022-06-02 2025-02-20
TESLA INC P 2023-01-18 2025-02-20
TESLA INC P 2025-03-04 2025-03-31
TESLA INC P 2025-03-26 2025-03-31
TESLA INC P 2025-03-26 2025-10-08
TESLA INC P 2025-11-07 2025-11-20
TWIST BIOSCIENCE CORP P 2022-10-27 2025-05-30
VANECK GOLD MINERS ETF P 2025-09-30 2025-10-08
VANECK URANIUM AND NUCLEAR P 2024-10-30 2025-11-06
VANECK URANIUM AND NUCLEAR P 2025-10-02 2025-11-06
VANECK URANIUM AND NUCLEAR P 2025-10-16 2025-11-06
VANGUARD FTSE PACIFIC ETF P 2025-03-26 2025-06-27
VANGUARD HEALTH CARE ETF P 2025-03-26 2025-05-15
WISDOMTREE CYBERSECURITY ETF P 2025-06-27 2025-10-03
XTRACKERS SP 500 SCO SCR ETF P 2025-03-26 2025-07-02
XTRACKERS SP 500 SCO SCR ETF P 2025-03-26 2025-07-28
ZSCALER INC P 2025-06-27 2025-09-29
2X LONG VIX FUTURES ETF P 2025-01-14 2025-01-15
2X LONG VIX FUTURES ETF P 2025-05-23 2025-11-21
2X LONG VIX FUTURES ETF P 2025-11-21 2025-11-21
(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 499,411   507,478 -8,067
b 708,580   531,000 177,580
c 1,250,914   1,082,133 168,781
d 69,789   68,448 1,341
e 507,680   440,957 66,723
2,700,999   2,635,075 65,924
66,958   68,651 -1,693
49,118   40,403 8,715
1,332,787   538,489 794,298
999,198   1,027,481 -28,283
989,515   893,969 95,546
540,801   276,150 264,651
216,319   90,074 126,245
1,106,689   1,060,293 46,396
84,798   84,596 202
282,113   303,150 -21,037
17,734   12,794 4,940
164,197   235,419 -71,222
364,221   687,600 -323,379
111   97 14
55,422   53,470 1,952
34,985   36,928 -1,943
1,044,373   1,054,953 -10,580
668,675   699,398 -30,723
705,201   551,662 153,539
352,531   351,006 1,525
556,234   493,975 62,259
424,203   44,193 380,010
1,331,897   494,999 836,898
1,172,860   964,654 208,206
749,800   620,775 129,025
836,716   843,015 -6,299
27,841   24,255 3,586
278,381   284,971 -6,590
53,260   51,857 1,403
326,537   262,847 63,690
143,886   114,137 29,749
385,418   413,685 -28,267
191,720   135,600 56,120
112,376   115,498 -3,122
74,292   26,493 47,799
315,616   312,984 2,632
412,902   421,340 -8,438
761,134   590,788 170,346
281,621   285,722 -4,101
285,946   283,573 2,373
433,580   464,017 -30,437
1,404,464   981,102 423,362
52,112   68,003 -15,891
208,446   253,500 -45,054
118,894   120,375 -1,481
37,587   38,222 -635
877,450   613,391 264,059
686,949   647,264 39,685
18,268   9,285 8,983
182,680   143,370 39,310
913,217   924,816 -11,599
62,160   61,389 771
1,695,575   682,391 1,013,184
1,078,039   978,603 99,436
319,500   24,561 294,939
1,064,953   430,989 633,964
1,579,998   563,497 1,016,501
1,036,506   1,086,377 -49,871
1,218,045   1,049,706 168,339
129,076   125,440 3,636
443,341   360,979 82,362
10   11 -1
48,250   50,899 -2,649
96,498   111,200 -14,702
603,035   551,290 51,745
135,401   89,924 45,477
141,600   309,444 -167,844
814,173   174,795 639,378
275   288 -13
275   277 -2
885,124   553,642 331,482
2,029,413   2,309,665 -280,252
5,714   5,910 -196
385,096   377,824 7,272
142,150   93,300 48,850
710,751   688,625 22,126
1,421,832   1,637,514 -215,682
81,460   74,906 6,554
478,568   538,100 -59,532
31,586   31,670 -84
143,780   134,369 9,411
422,184   382,431 39,753
57,820   63,226 -5,406
175,487   204,470 -28,983
12   31 -42
1,239,424   1,148,664 90,760
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       -8,067
b       177,580
c       168,781
d       1,341
e       66,723
      65,924
      -1,693
      8,715
      794,298
      -28,283
      95,546
      264,651
      126,245
      46,396
      202
      -21,037
      4,940
      -71,222
      -323,379
      14
      1,952
      -1,943
      -10,580
      -30,723
      153,539
      1,525
      62,259
      380,010
      836,898
      208,206
      129,025
      -6,299
      3,586
      -6,590
      1,403
      63,690
      29,749
      -28,267
      56,120
      -3,122
      47,799
      2,632
      -8,438
      170,346
      -4,101
      2,373
      -30,437
      423,362
      -15,891
      -45,054
      -1,481
      -635
      264,059
      39,685
      8,983
      39,310
      -11,599
      771
      1,013,184
      99,436
      294,939
      633,964
      1,016,501
      -49,871
      168,339
      3,636
      82,362
      -1
      -2,649
      -14,702
      51,745
      45,477
      -167,844
      639,378
      -13
      -2
      331,482
      -280,252
      -196
      7,272
      48,850
      22,126
      -215,682
      6,554
      -59,532
      -84
      9,411
      39,753
      -5,406
      -28,983
      -42
      90,760
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 7,869,707
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 6,246,826
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) 1 109,565
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........................... 3 109,565
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- ..... 5 109,565
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 64,952
b Exempt foreign organizations—tax withheld at source...... 6b  
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.............. Part VI Line 7 - Tax Paid with the Original Return: 64952 7 64,952
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed....... 9 44,613
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10  
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax   Refunded 11  
For Refunded amount, also complete and attach Form 8050. See instructions.
Form 990-PF (2025)
Form 990-PF (2025)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. $   (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
 
No
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)
OH
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 ofOutfitters4 Inc Telephone no. (336) 930-0140

Located at717 Coliseum Drive NWWinston SalemNC ZIP+427106
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........
and enter the amount of tax-exempt interest received or accrued during the year ........
15
 
16 At any time during calendar year 2025, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country
Form 990-PF (2025)
Form 990-PF (2025)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2025? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2025, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2025?....................
2a
 
No
If "Yes," list the years 20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2025 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Form 4720, Schedule C, to determine
if the foundation had excess business holdings in 2025.).....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2025? ..
4b
 
No
Form 990-PF (2025)
Form 990-PF (2025)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
Jonathan WettackClick to see attachment
List of Attached Documents:
// Content
President
005.00 		0    
7852 SE 71st Street
Mercer Island,WA98040
Daniel BusemeyerClick to see attachment
List of Attached Documents:
// Content
Chair
001.00 		0    
440 Hidden Valley Lane
Cincinnati,OH45215
Jeffery BusemeyerClick to see attachment
List of Attached Documents:
// Content
Treasurer
001.00 		0    
21134 Bakers Lane
Metamora,IN47030
Michael BusemeyerClick to see attachment
List of Attached Documents:
// Content
Secretary
001.00 		0    
2380 Carriage Gate Lane
Maineville,OH45039
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...................  
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 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 N/A 0
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1 Circles App, Inc. dba Hubble 100,000
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................100,000
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
7,150,690
b
Average of monthly cash balances.......................
1b
3,686,202
c
Fair market value of all other assets (see instructions)................
1c
100,000
d
Total (add lines 1a, 1b, and 1c).......................
1d
10,936,892
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
 
3
Subtract line 2 from line 1d.........................
3
10,936,892
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
164,053
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
10,772,839
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
538,642
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
538,642
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
109,565
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
109,565
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
429,077
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
429,077
6
Deduction from distributable amount (see instructions) .................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
429,077
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) Click to see attachment
List of Attached Documents:
// Content
..........
1a
581,115
b
Program-related investments—total from Part VIII-B..................
1b
100,000
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
681,115
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 7 429,077
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2025:
a From 2020...... 124,255
b From 2021...... 188,154
c From 2022......  
d From 2023...... 23,200
e From 2024......  
f Total of lines 3a through e ........ 335,609
4Qualifying distributions for 2025 from Part
XI, line 4: $ 681,115
a Applied to 2024, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions) ..... 		 
c Treated as distributions out of corpus (Election
required—see instructions) ........ 		 
d Applied to 2025 distributable amount..... 429,077
e Remaining amount distributed out of corpus 257,037
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 5 592,646
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 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2020 not
applied on line 5 or line 7 (see instructions) ... 		124,255
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		468,391
10 Analysis of line 9:
a Excess from 2021 .... 188,154
b Excess from 2022 ....  
c Excess from 2023 .... 23,200
d Excess from 2024 ....  
e Excess from 2025 .... 257,037
Form 990-PF (2025)
Form 990-PF (2025)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2025, enter the date of the ruling ......
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2025 (b) 2024 (c) 2023 (d) 2022
         
b 85% (0.85) of line 2a .......          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, 3b, or 3c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, 2b, 2c, and 2d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2025)
Form 990-PF (2025)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

International Centre for EdTech Impact (WiKIT)

Postboks 8034 4068
Stavanger    
NO 		    payment for setup of competition through WIKIT 266,825

Enactus

370 Lexington Ave Suite 302
New York,NY10017 		    Program Support 10,000

STTE Foundation

2601 N Stanton St Suite A
El Paso,TX79902 		    Program Support 25,000

Nogales

Calle 202 No 56 - 50
Bogota    
CO 		    Nodo A hub linking educational contexts, decision-makers, and learning tools 15,000

KKIS Inc

3821 Sky Gazer Lane Unit B
Fort Collins,CO80528 		    First Generation Peer-to-Peer College Guidance in the Rieviera Maya 8,450

Unlocking Communities

100 N Hermitage Ave STE 704
Chicago,IL60612 		    empower local entrepreneurs with 260,000

Seed Commons

228 Park Avenue Suite 65768
New York,NY10003 		    Repayment of grant funds awarded in prior year -25,000
Total ................................. 3a 560,275
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 ........... 		    14 1,361  
4 Dividends and interest from securities ....     14 28,546  
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 7,869,707  
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) ..   7,899,614  
13Total. Add line 12, columns (b), (d), and (e)..................
13
7,899,614
(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: 25022248
Software Version: 25.0.1.0
Part V Line 7 - Tax Paid with the Original Return: 64,952


Form 990PF - Special Condition Description:
Special Condition Description

TY 2025 AccountingFeesSchedule
Name:
Richard A Busemeyer Atheist Foundation
EIN:
65-0317422
Software ID:
25022248
Software Version:
25.0.1.0
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Accounting Fees 8,050 4,025   4,025

TY 2025 InvestmentsCorpStockSchedule
Name:
Richard A Busemeyer Atheist Foundation
EIN:
65-0317422
Software ID:
25022248
Software Version:
25.0.1.0
Name of Stock End of Year Book Value End of Year Fair Market Value
1 shares of Amazon.com 216 231
1 shares of IONQ Inc 64 45
1 shares of Johnson Johnson 152 207
1 shares of Microsoft Corp 394 484
1 shares of Oracle Corp 202 195
1 shares of Rigetti Computing Inc 37 22
1 shares of Telsa Inc 462 450
1 shares of Twist Bioscience Corp 37 32
1 shares of NVIDIA Corp 123 187
1 shares of Alphabet Inc 169 313
1 shares of Amgen Inc 266 327
1 shares of Apple Inc 264 272
1 shares of Arcturus Therapeutics HL 12 6
1 shares of Biontech SE 94 95
1 shares of Cisco Sys Inc 69 77
1 shares of D-Wave Quantum Inc 32 26
1 shares of Eli Lilly and Co 727 1,075
1 shares of Meta Platforms Inc 626 660
1 shares of Moderna Inc 25 29
1 shares of Nano Nuclear Energy Equi 39 24
1 shares of Nuscale Pwr Corp 38 14
1 shares of Palantir Technologies In 185 178
1 shares of Quantum Computing Inc 20 10
1 shares of Regeneron Pharmaceutical 544 772
1 shares of Saab AB 30 29
1 shares of Taiwan Semiconductor MF 180 303

TY 2025 InvestmentsOtherSchedule2
Name:
Richard A Busemeyer Atheist Foundation
EIN:
65-0317422
Software ID:
25022248
Software Version:
25.0.1.0
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
Defiance Quantum ETF AT COST 106 110
Vaneck Uranium AND AT COST 164 124
Global X Cybersecurity AT COST 35 30
Xtrackers SP 500 AT COST 52 62
Global X Defense Tech AT COST 70 65
IShares Biotechnology AT COST 124 169
IShares Core MSCI Totl AT COST 84 85
IShares Latin America 40 AT COST 29 30
IShares MSCI Mexico ETF AT COST 53 69
SPDR Gold Shares ETF AT COST 2,289,711 2,377,860
Vaneck Gold Miners ETF AT COST 76 86
2X Long Vix Futures ETF AT COST 11 6
Program Related Investments AT COST 100,000 100,000

TY 2025 LegalFeesSchedule
Name:
Richard A Busemeyer Atheist Foundation
EIN:
65-0317422
Software ID:
25022248
Software Version:
25.0.1.0
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Legal Fees 6,753     6,753


TY 2025 OtherExpensesSchedule
Name:
Richard A Busemeyer Atheist Foundation
EIN:
65-0317422
Software ID:
25022248
Software Version:
25.0.1.0
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Office Supplies 1,776      
Dues Subscriptions 6,685 2,333    
Other Expenses 575      
Investment Expense 431 431    


TY 2025 OtherProfessionalFeesSchedule
Name:
Richard A Busemeyer Atheist Foundation
EIN:
65-0317422
Software ID:
25022248
Software Version:
25.0.1.0
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Administrative Assistant 18,000 9,000   9,000
Other Professional Fees 2,124 1,062   1,062


TY 2025 TaxesSchedule
Name:
Richard A Busemeyer Atheist Foundation
EIN:
65-0317422
Software ID:
25022248
Software Version:
25.0.1.0
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Foreign Taxes Paid 367 367    
2024 990-PF Tax Liability 8,592      
2025 990-PF Estimated Taxes 64,952