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 HUBBARD BROADCASTING FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address) 3415 UNIVERSITY AVENUE
  Room/suite
City or town
ST PAUL
State or province
MN
Country  
ZIP or foreign postal code
55114
A Employer identification number

41-6022291
B Telephone number (see instructions)

6516424300
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)$48,059,577J 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 492,286 492,286  
4 Dividends and interest from securities... 474,594 474,594  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,892,851
b Gross sales price for all assets on line 6a 21,985,302
7 Capital gain net income (from Part IV, line 2)... 3,056,042
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........ 3,859,731 4,022,922  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   50,714
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
372,869 372,869   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
64,025 0   25
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
560 0   461
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 437,454 372,869   51,200
25 Contributions, gifts, grants paid....... 2,314,250 2,215,666
26 Total expenses and disbursements. Add lines 24 and 25 ................ 2,751,704 372,869   2,266,866
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,108,027
b Net investment income (if negative, enter -0-) 3,650,053
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............. 2,314,662 2,861,969 2,861,969
2 Savings and temporary cash investments.........      
3 Accounts receivable 145,685
Less: allowance for doubtful accounts   128,956 145,685 145,685
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) 90,065 Click to see attachment
List of Attached Documents:
// Content
79,558 		79,558
b Investments—corporate stock (attach schedule)....... 34,288,098 Click to see attachment
List of Attached Documents:
// Content
36,051,052 		36,051,052
c Investments—corporate bonds (attach schedule)....... 8,998,507 Click to see attachment
List of Attached Documents:
// Content
8,921,313 		8,921,313
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 507,604 0 0
14 Land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
15 Other assets (describe )      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 46,327,892 48,059,577 48,059,577
Liabilities 17 Accounts payable and accrued expenses..........   99
18 Grants payable................. 1,997,331 2,095,914
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)......... 1,997,331 2,096,013
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........... 44,330,561 45,963,564
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    
29 Total net assets or fund balances (see instructions)..... 44,330,561 45,963,564
30 Total liabilities and net assets/fund balances (see instructions). 46,327,892 48,059,577
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
44,330,561
2
Enter amount from Part I, line 27a .....................
2
1,108,027
3
Other increases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
3
575,690
4
Add lines 1, 2, and 3 ..........................
4
46,014,278
5
Decreases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
5
50,714
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
45,963,564
Form 990-PF (2025)
Form 990-PF (2025)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES P    
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 21,985,302   18,929,260 3,056,042
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       3,056,042
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 3,056,042
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ......................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 50,736
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 50,736
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 50,736
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 36,521
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 36,521
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 415
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed....... 9 14,630
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10  
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax   Refunded 11  
For Refunded amount, also complete and attach Form 8050. See instructions.
Form 990-PF (2025)
Form 990-PF (2025)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. $ 0(2) On foundation managers.$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
MN
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 ofBARB STRENGE Telephone no. (651) 642-4174

Located at3415 UNIVERSITY AVEST PAULMN ZIP+455114
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)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2025? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2025, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2025?....................
2a
 
No
If "Yes," list the years 20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2025 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Form 4720, Schedule C, to determine
if the foundation had excess business holdings in 2025.).....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2025? ..
4b
 
No
Form 990-PF (2025)
Form 990-PF (2025)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
No
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
KATHRYN HUBBARD ROMINSKI VICE PRESIDENT/EXEC DIRECTOR
15.00 		0 0 0
3415 UNIVERSITY AVE
ST PAUL,MN55114
STANLEY S HUBBARD PRESIDENT/DIRECTOR
1.00 		0 0 0
3415 UNIVERSITY AVE
ST PAUL,MN55114
C THOMAS NEWBERRY SECRETARY/TREASURER
1.00 		0 0 0
3415 UNIVERSITY AVE
ST PAUL,MN55114
STANLEY E HUBBARD II DIRECTOR
1.00 		0 0 0
3415 UNIVERSITY AVE
ST PAUL,MN55114
VIRGINIA A HUBBARD DIRECTOR
1.00 		0 0 0
3415 UNIVERSITY AVE
ST PAUL,MN55114
ROBERT W HUBBARD VICE PRESIDENT/DIRECTOR
1.00 		0 0 0
3415 UNIVERSITY AVE
ST PAUL,MN55114
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000................... 0
Form 990-PF (2025)
Form 990-PF (2025)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
MORGAN STANLEY WEALTH ADVISORY AND MANAGEMENT 372,869
1775 I STREET NW SUITE 200
WASHINGTON,DC20006
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1 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 N/A 0
2  
All other program-related investments. See instructions.
3 Click to see attachment
List of Attached Documents:
// Content
0
Total. Add lines 1 through 3.........................0
Form 990-PF (2025)
Form 990-PF (2025)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
44,675,014
b
Average of monthly cash balances.......................
1b
2,312,238
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
46,987,252
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
46,987,252
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
704,809
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
46,282,443
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
2,314,122
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
2,314,122
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
50,736
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
50,736
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
2,263,386
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
2,263,386
6
Deduction from distributable amount (see instructions) .................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
2,263,386
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, line 26, column (d) ..........
1a
2,266,866
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
2,266,866
Form 990-PF (2025)
Form 990-PF (2025)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2024 		(c)
2024 		(d)
2025
1 Distributable amount for 2025 from Part X, line 7 2,263,386
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2025:
a From 2020......  
b From 2021......  
c From 2022......  
d From 2023......  
e From 2024...... 235,283
f Total of lines 3a through e ........ 235,283
4Qualifying distributions for 2025 from Part
XI, line 4: $ 2,266,866
a Applied to 2024, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions) ..... 		0
c Treated as distributions out of corpus (Election
required—see instructions) ........ 		0
d Applied to 2025 distributable amount..... 2,263,386
e Remaining amount distributed out of corpus 3,480
5 Excess distributions carryover applied to 2025. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 238,763
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2024. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2025. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2026 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2020 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		238,763
10 Analysis of line 9:
a Excess from 2021 ....  
b Excess from 2022 ....  
c Excess from 2023 ....  
d Excess from 2024 .... 235,283
e Excess from 2025 .... 3,480
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 e-mail address of the person to whom applications should be addressed:
KATHRYN HUBBARD ROMINSKI
3415 UNIVERSITY AVE
ST PAUL,MN55114
(651) 642-4305
bThe form in which applications should be submitted and information and materials they should include:
SUMMARY FORM OF THE HISTORY AND PURPOSE OF THE ORGANIZATION, COPY OF IRC SECTION 501(C)(3) STATUS LETTER, SPECIFIC PROJECT OR PROGRAM THAT FUNDS WILL BE ALLOCATED TO, AND IF FUNDS ARE TO BE USED FOR OPERATING OR NON-OPERATING EXPENSES.
cAny submission deadlines:
MOST FOUNDATION ACTIVITY TAKES PLACE PRIOR TO END OF CALENDAR YEAR
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
NONE
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

180 DEGREES

1301 7TH ST E
SAINT PAUL,MN55106 		    BUILDING BRIGHTER FUTURES PLEDGE- PMT 1 OF 4 25,000

AEON

901 N 3RD ST SUITE 150
MINNEAPOLIS,MN55401 		    GOS26 5,000

AFTON HISTORICAL MUSEUM

3165 ST CROIX TRAIL SOUTH PO BOX
178
AFTON,MN55001 		    GENERAL OPERATING SUPPORT- PMT 2 OF 4 5,000

AIM HIGHER FOUNDATION

2610 UNIVERSITY AVE W SUITE 525
SAINT PAUL
MINNEAPOLIS,MN55114 		    GOS2025 15,000

ALIA

1000 UNIVERSITY AVE W 230
ST PAUL,MN55104 		    GOS PLEDGE- PMT 3 OF 4 20,000

AMERICAN RED CROSS

1201 W RIVER PARKWAY
MINNEAPOLIS,MN55454 		    BLAINE BLOOD DONATION CENTER- PMT 1 OF 5 10,000

AMPERSAND FAMILIES

1751 CO ROAD B WEST SUITE 300
ROSEVILLE,MN55113 		    GENERAL OPERATING SUPPORT 12,500

AMPERSAND FAMILIES

1751 CO ROAD B WEST SUITE 300
ROSEVILLE,MN55113 		    GOS2025 10,000

AN OPERA COMPANY

75 SE ORLIN AVE
MINNEAPOLIS,MN55414 		    GENERAL OPERATING SUPPORT 2,500

ARTHRITIS FOUNDATION

8362 TAMARACK VILLAGE SUITE 119-465
SAINT PAUL,MN55125 		    WALK TO CURE JUVENILE ARTHRITIS 15,000

ARTS PARTNERSHIP

345 WASHINGTON STREET
SAINT PAUL,MN55102 		    ARTS PARTNERSHIP ALL FOR ONE CAMPAGIN- GOS PLEDGE 3 OF 5 40,000

ASIRT

11769 GAINSBOROUGH RDPOTOMAC
MARYLAND,MD20854 		    GENERAL OPERATING SUPPORT 2,000

ASIRT

11769 GAINSBOROUGH RDPOTOMAC
MARYLAND,MD20854 		    GOS2025 2,000

BELWIN CONSERVANCY

1553 STAGECOACH TRAIL S
AFTON,MN55001 		    STILLWATER AREA PUBLIC SCHOOLS PARTNERSHIP PLEDGE- PMT 1 OF 2 5,000

BELWIN CONSERVANCY

1553 STAGECOACH TRAIL S
AFTON,MN55001 		    INSPIRING THROUGH NATURE CAMPAIGN- PMT 2 OF 4 25,000

BESTPREP

7100 NORTHLAND CIRCLE NO STE 306
BROOKLYN PARK,MN55428 		    MN BUSINESS VENTURE SUMMER PROGRAM 3,500

BESTPREP

7100 NORTHLAND CIRCLE NO STE 306
BROOKLYN PARK,MN55428 		    MN BUSINESS VENTURE SUMMER PROGRAM 3,500

BIG BROTHERS BIG SISTERS OF GREATER TWIN CITIES

3110 WASHINGTON AVE N
ST PAUL,MN55411 		    GOS2025 5,000

BIG BROTHERS BIG SISTERS OF GREATER TWIN CITIES

3110 WASHINGTON AVE N
ST PAUL,MN55411 		    BBBS REALIZING POTENTIAL CAMPAIGN- PLEDGE 3 OF 3 16,667

BOLDER OPTIONS

2100 STEVENS AVENUE
MINNEAPOLIS,MN55404 		    GENERAL OPERATING SUPPORT 25,000

BOLDER OPTIONS

2100 STEVENS AVENUE
MINNEAPOLIS,MN55404 		    GOS2025 25,000

BOYS & GIRLS CLUB OF ROCHESTER

1026 E CENTER STREET
ROCHESTER,MN55904 		    GOS2025 3,500

BRIDGING

201 W 87TH ST
BLOOMINGTON,MN55420 		    NW METRO EXPANSION- PMT 1 OF 5 10,000

CAREER GUIDANCE INSTITUTE

115 GOLD AVE SW SUITE 201
ALBUQUERQUE,NM871026302 		    GOS2026 7,500

CATHOLIC CHARITIES OF THE ARCHDIOCESE OF ST PAUL AND MINNEAPOLIS

1007 EAST 14TH STREET
MINNEAPOLIS,MN55404 		    DOROTHY DAY PLACE: COMPREHENSIVE SUPPORT...- PMT 1 OF 2 12,500

CENTER FOR YOUTH SERVICES INC

905 MONROE AVE
ROCHESTER,NY14620 		    GOS2025 5,000

CHILDREN'S HEARTLINK

5075 ARCADIA AVE
MINNEAPOLIS,MN55436 		    CHILDREN'S HEARTHLINK GLOBAL GATHERING, DONATION IN LIEU OF TICKETS 30,000

CHILDREN'S HOME SOCIETY OF MINNESOTA

1605 EUSTIS STREET
ST PAUL,MN55108 		    GENERAL OPERATING SUPPORT 5,000

CHILDREN'S HOSPITAL ASSOCIATION

345 SMITH AVENUE NORTHGARDEN VIEW
TOWER SUITE 600A
ST PAUL,MN55102 		    WRAP AROUND PLEDGE PROGRAMS 50,000

CITIZENS' COUNCIL FOR HEALTH FREEDOM

161 ST ANTHONY AVE SUITE 923
ST PAUL,MN55103 		    GOS2025 PLEDGE- PMT 1 OF 2 15,000

COAST GUARD FOUNDATION

394 TAUGWONK ROAD
STONINGTON,CT063781807 		    YOUTH ENRICHMENT PROJECT: COASTIE CAMPER 25,000

COMMONBOND COMMUNITIES

PO BOX 581518
MINNEAPOLIS,MN55458 		    COMMONBOND SUPPORTING HOUSING- 4YR PLEDGE, PMT 2 25,000

COMMUNIO

5500 CHEROKEE AVE SUITE 480
ALEXANDRIA,VA22312 		    NATIONAL STRATEGY TO SAVE THE FAMILY 7,500

COMMUNIO

5500 CHEROKEE AVE SUITE 480
ALEXANDRIA,VA22312 		    GOS2025 10,000

COMMUNITIES IN SCHOOLS OF THE TWIN CITIES

56 6TH ST E SUITE 307
ST PAUL,MN55101 		    GOS2025 PLEDGE- PMT 1 OF 3 50,000

COMMUNITIES IN SCHOOLS OF THE TWIN CITIES

56 6TH ST E SUITE 307
SAINT PAUL,MN55101 		    GENERAL OPERATING SUPPORT PLEDGE- PMT 2 OF 3 25,000

COMMUNITIES IN SCHOOLS OF THE TWIN CITIES

56 6TH ST E SUITE 307
SAINT PAUL,MN55101 		    GENERAL OPERATING SUPPORT PLEDGE- PMT 3 OF 3 25,000

COMO FRIENDS

1225 EASTABROOK
ST PAUL,MN55103 		    CREATING LIFELONG STEWARDS OF COMO THROUGH FUNDRAISING EVENTS 8,500

CORNERHOUSE

2502 10TH AVENUE SOUTH
MINNEAPOLIS,MN55404 		    GENERAL OPERATING SUPPORT 12,500

CRESCENT COVE

3440 BELTLINE BLVD SUITE 207
ST LOUIS PARK,MN55416 		    GOS202512 PLEDGE- PMT 1 OF 4 31,250

EDALLIES

1621 E HENNEPIN AVE SUITE 295
MINNEAPOLIS,MN55414 		    GENERAL OPERATING SUPPORT 15,000

EDALLIES

1621 E HENNEPIN AVE SUITE 295
MINNEAPOLIS,MN55414 		    GOS2025 15,000

EMMA NORTON SERVICES

670 ROBERT ST N
SAINT PAUL,MN55101 		    HOME + HEALING CAPTIAL CAMPAIGN FOR RESTORING WATERS- PMT 1 OF 5 10,000

EQUASPACE

2550 UNIVERSITY AVE W STE 200N
SAINT PAUL,MN55114 		    GENERAL OPERATING SUPPORT 20,000

EVERY MEAL

2723 PATTON ROAD
ROSEVILLE,MN55113 		    GENERAL OPERATING SUPPORT 10,000

EVERY MEAL

2723 PATTON ROAD
ROSEVILLE,MN55113 		    GOS2025 10,000

FAMILY ACHIEVEMENT FOUNDATION

2101 WOODDALE DR SUITE A
WOODBURY,MN55125 		    GOS 5,000

FAMILYMEANS

1875 NORTHWESTERN AVE S
STILLWATER,MN55082 		    BETTER IS POSSIBLE 2025 + 2026, DONATION IN LIEU OF BENEFIT TICKETS - PMT 1 OF 2 10,000

FEED MY STARVING CHILDREN

401 93RD AVENUE NW
COON RAPIDS,MN55433 		    CRISIS MEAL FUND PLEDGE- PMT 1 OF 2 25,000

FEED MY STARVING CHILDREN

402 93RD AVENUE NW
COON RAPIDS,MN55433 		    CRISIS MEAL FUND PLEDGE- PMT 2 OF 2 25,000

FELLOWSHIP OF CATHOLIC UNIVERSITY STUDENTS

PO BOX 17408
DENVER,CO80217 		    GENERAL OPERATING SUPPORT 12,500

FELLOWSHIP OF CATHOLIC UNIVERSITY STUDENTS

PO BOX 17408
DENVER,CO80217 		    GOS2025 15,000

FLAGS FOR FALLEN MILITARY

PO BOX 44576
EDEN PRAIRIE,MN55344 		    GENERAL OPERATING SUPPORT 1,000

FLAGS FOR FALLEN MILITARY

PO BOX 44576
EDEN PRAIRIE,MN55344 		    STARS STRIPES 4 EVER 1,000

FRASER

2400 WEST 64TH STREET
MINNEAPOLIS,MN55423 		    CAREER PLANNING AND EMPLOYMENT 10,000

FRIENDS OF THE ST PAUL PUBLIC LIBRARY

332 MN ST SUITE W 1420
SAINT PAUL,MN55101 		    TRANSFORM OUR LIBRARIES, DISCOVER OUR POSSIBILITIES- PMT 1 OF 5 30,000

GILLETTE CHILDREN'S FOUNDATION

200 UNIVERSITY AVE E
SAINT PAUL,MN55101 		    GATEWAY PLAZA- PMT 3 OF 4 25,000

GOODWILL-EASTER SEALS MINNESOTA

553 FAIRVIEW AVE N
ST PAUL,MN55104 		    GENERAL OPERATING SUPPORT 5,000

GREATER BEMIDJI

102 1ST ST W SUITE 101
BEMIDJI,MN56601 		    BEMIDJI WELLNESS CENTER 5,000

GREATER TWIN CITIES UNITED WAY

404 S 8TH STREET
MINNEAPOLIS,MN55404 		    80X3: RESILIENT FROM THE START PLEDGE- PMT 3 OF 5 10,000

GUILD INCORPORATED

122 WABASHA STREET S 400
ST PAUL,MN55107 		    GENERAL OPERATING SUPPORT PMT 1 OF 2 25,000

GUILD INCORPORATED

122 WABASHA STREET S 400
SAINT PAUL,MN55107 		    GENERAL OPERATING SUPPORT PMT 2 OF 2 25,000

HAMM MEMORIAL PSYCHIATRIC CLINIC

10 RIVER PARK PLAZA STE 701
ST PAUL,MN55407 		    RELOCATION & EXPANSION OF HAMM CLINIC- PMT 5 OF 5 10,000

HAZELDEN BETTY FORD FOUNDATION

PO BOX 64348
SAINT PAUL,MN551640348 		    MIDWEST EXPANSION PROJECT PLEDGE- 4YR PLEDGE, PMT 2 25,000

HOPE ACADEMY

2300 CHICAGO AVENUE S
MINNEAPOLIS,MN55404 		    HOPE RISING CAMPAIGN- 4YR PLEDGE, PMT 2 25,000

HOPE ACADEMY

2300 CHICAGO AVENUE S
MINNEAPOLIS,MN55404 		    GENERAL OPERATING SUPPORT 27,000

HOUSING FIRST MINNESOTA FOUNDATION

2960 CENTRE POINTE DRIVE
ROSEVILLE,MN55113 		    HOUSING FOR HEROES VETERAN VILLAGE- PMT 2 OF 2 25,000

HUDSON HOSPITAL FOUNDATION

405 STAGELINE ROAD
HUDSON,WI54016 		    SPECIAL CARE NURSERY CONSTRUCTION- PMT 2 OF 2 25,000

ILLUSION THEATER AND SCHOOL

3754 PLEASANT AVENUE SOUTHW-321
MINNEAPOLIS,MN55439 		    THEATER ACCESS FOR YOUTH 3,000

INSPIRE MSP

1730 NEW BRIGHTON BLVD SUITE
104-141
MINNEAPOLIS,MN55413 		    GENERAL OPERATING SUPPORT 5,000

JK MOVEMENT

1063 IGLEHART AVENUE
SAINT PAUL,MN55401 		    CAPTIAL SUPPORT- 4YR PLEDGE, PMT 2 25,000

JOSEPH AVENUE ARTS AND CULTURE ALLIANCE

PO BOX 30147
ROCHESTER,NY14603 		    COMMUNITY ARTS ROC - YOUTH PROGRAMMING 2,500

JOY COLLABORATIVE

2437 34TH AVENUE SOUTH
MINNEAPOLIS,MN55406 		    GENERAL OPERATING SUPPORT 5,000

KATHA DANCE THEATRE

5444 ORCHARD AVE N
CRYSTAL,MN55429 		    WORLD PREMIERE OF "PRAKRITIR PRATISODH" 3,000

LAKEVIEW HEALTH FOUNDATION

927 CHURCH ST W
STILLWATER,MN55413 		    NEW LAKEVIEW HEALTH HOSPITAL CAMPUS- PMT 1 OF 4 25,000

LOAVES AND FISHES TOO

721 KASOTA AVENUE SE
MINNEAPOLIS,MN55414 		    GOS2025 10,000

LOCKER #505 STUDENTS CLOTHING BANK

6203 MENUL BLVD NE
ALBUQUERQUE,NM87122 		    GOS2025 10,000

LUNDSTRUM PERFORMING ARTS

1617 2ND ST N
MINNEAPOLIS,MN55411 		    NORTH STARS RISING CAPITAL CAMPAIGN- PMT 1 OF 5 10,000

LYNGBLOMSTEN FOUNDATION

1415 ALMOND AVENUE
ST PAUL,MN55108 		    GENERAL OPERATING SUPPORT 35,000

MAYO CLINIC

200 1ST ST SW
ROCHESTER,MN55905 		    GOS2025 10,000

MIDWEST ART CONSERVATION CENTER

2400 - 3RD AVENUE SOUTH
MINNEAPOLIS,MN55404 		    GENERAL OPERATING SUPPORT 7,500

MINNEAPOLIS AMERICAN INDIAN CENTER

1530 E FRANKLIN AVENUE
MINNEAPOLIS,MN55404 		    GENERAL OPERATING SUPPORT- PMT 2 OF 5 10,000

MINNEAPOLIS HEART INSTITUTE FOUNDATION

920 E 28TH ST SUITE 100
MINNEAPOLIS,MN55407 		    GENERAL OPERATING SUPPORT 50,000

MINNEAPOLIS INSTITUTE OF ARTS

2400 THIRD AVE SOUTH
MINNEAPOLIS,MN55404 		    GENERAL OPERATING SUPPORT 5,000

MINNESOTA CATHOLIC YOUTH PARTNERSHIP

1500 TAMARACK DR
LONG LAKE,MN55356 		    CAMP & RETREAT CENTER 10,000

MINNESOTA HISTORICAL SOCIETY

345 W KELLOGG BLVD
SAINT PAUL,MN551021906 		    GOS2025 5,000

MINNESOTA LANDMARKS INC

75 W 5TH STREET SUITE 404
SAINT PAUL,MN55102 		    SUNDAYS AT LANDMARK FAMILY SERIES 4,000

MINNESOTA ORCHESTRAL ASSOCIATION

1111 NICOLLET MALL
MINNEAPOLIS,MN55403 		    GENERAL OPERATING SUPPORT 10,000

MINNESOTA ORCHESTRAL ASSOCIATION

1111 NICOLLET MALL
MINNEAPOLIS,MN55403 		    SYMPHONY BALL 2025 - DONATION IN LIEU OF BENEFIT TICKETS 15,000

MINNESOTA PRIVATE COLLEGE FUND

445 MINNESOTA STREET SUITE 500
SAINT PAUL,MN55101 		    HBF SCHOLARSHIPS 17,000

MINNESOTA ZOOLOGICAL GARDEN

13000 ZOO BOULEVARD
APPLE VALLEY,MN55124 		    TREETOP TRAIL CAPITAL PLEDGE- PMT 3 OF 4YR PLEDGE 25,000

MSS

900 OCEAN ST
SAINT PAUL,MN55106 		    GENERAL OPERATING SUPPORT 5,000

MUSCULAR DYSTROPHY ASSOCIATION

1016 W JACKSON BLVD1073
CHICAGO,IL60607 		    TOAST TO LIFE GALA - DONATION IN LIEU OF TICKETS 15,000

NATIONAL FOUNDATION FOR ECTODERMAL DYSPLASIAS

6 EXECUTIVE DRIVE SUITE 2
FAIRVIEW HEIGHTS,IL62208 		    GENERAL OPERATING SUPPORT 25,000

NEIGHBORHOOD DEVELOPMENT CENTER

625 UNIVERSITY AVE
SAINT PAUL,MN55104 		    GENERAL OPERATING SUPPORT PMT 1 OF 2 25,000

NEIGHBORHOOD DEVELOPMENT CENTER

625 UNIVERSITY AVE
SAINT PAUL,MN55104 		    GENERAL OPERATING SUPPORT PMT 2 OF 2 25,000

NEW IMPACT FUND

4816 NICOLLET AVE
MINNEAPOLIS,MN55419 		    GOS 15,000

NEW MEXICO PHILHARMONIC

PO BOX 21428
ALBUQUERQUE,NM87154 		    ENSEMBLE VISITS PROGRAM 5,000

NORTHLAND ADAPTIVE RECREATION

806 EAST 4TH STREET
DULUTH,MN55805 		    OUTFITTING FOR ADAPTIVE EQUIPMENT REPAIR & MTCE- PMT 2 OF 6 6,000

NORTHSIDE ECONOMIC OPPORTUNITY NETWORK

1007 W BROADWAY AVE N
MINNEAPOLIS,MN55411 		    NEON'S COLLECTIVE KITCHENS- PMT 1 OF 3 33,333

OPEN ARMS OF MINNESOTA

2500 BLOOMINGTON AVE
MINNEAPOLIS,MN55404 		    OPEN ARMS WIDER- PMT 4 OF 5YR PLEDGE 10,000

OPPORTUNITY FOR ALL KIDS

PO BOX 4631
SAINT PAUL,MN55104 		    GENERAL OPERATING SUPPORT 10,000

PANCREATIC CANCER ACTION NETWORK

1500 ROSECRANS AVE SUITE 200
MANHATTAN BEACH,CA90266 		    EARLY DETECTION AND TREATMENT FUND 10,000

PARK NICOLLET FOUNDATION

6500 EXCELSIOR BLVD
ST LOUIS PARK,MN55426 		    GROWING THROUGH GRIEF- PMT 1 OF 2 25,000

PEACEMAKER MINNESOTA

2131 FAIRVIEW AVE NORTH SUITE E
ROSEVILLE,MN55113 		    PEACEMAKER MINNESOTA FOR PEACE GUIDE SERVICE 7,000

RAMSEY COUNTY HISTORICAL SOCIETY

75 W 5TH STREET SUITE 323
SAINT PAUL,MN55102 		    GIBBS TRANSFORMATIONAL CAPITAL CAMPAIGN- 4YR PLEDGE, PMT 2 25,000

RAMSEY COUNTY HISTORICAL SOCIETY

75 W 5TH STREET SUITE 323
SAINT PAUL,MN55102 		    GENERAL OPERATING SUPPORT 10,000

REGIONS HOSPITAL FOUNDATION

640 JACKSON ST MAIL STOP 11202C
ST PAUL,MN551012595 		    REGIONS RESPONDS FIRST: EMERGENCY AND MENTAL HEALTH CAMPAIGN- PMT 4 OF 5 50,000

RELIGION & SOCIETY INC

PO BOX 244
STILLWATER,MN55082 		    GENERAL OPERATING SUPPORT 3,000

RHYTHMICALLY SPEAKING

1640 DUNLAP ST N
SAINT PAUL,MN55108 		    GENERAL OPERATING SUPPORT 3,750

ROADRUNNER FOOD BANK

5840 OFFICE BLVD NE
ALBUQUERQUE,NM87109 		    GOS2025 10,000

SAINT ANTHONY PARK AREA SENIORS

2200 HILLSIDE AVENUE
SAINT PAUL,MN55108 		    GOS2025 2,000

SCIENCE MUSEUM OF MINNESOTA

120 WEST KELLOGG BLVD
SAINT PAUL,MN55102 		    GENERAL OPERATING SUPPORT 7,500

SOUTHERN VALLEY ALLIANCE

551 EAST PARK STREET BOX 166
BELLE PLAINE,MN56011 		    TRANSITIONAL HOUSING FOR VICTIMS OF DOMESTIC VIOLENCE 5,000

STATE POLICY NETWORK

1500 WILSON BOULEVARD SUITE 600
ARLINGTON,VA22209 		    GENERAL OPERATING SUPPORT 10,000

STILLWATER GIRLS HIGH SCHOOL HOCKEY BOOSTER CLUB

8639 27TH ST N
LAKE ELMO,MN55042 		    GOS2025 2,500

STUDIO-180

3017 4TH AVE SOUTH
MINNEAPOLIS,MN554082410 		    BUILDING PURCHASE & REMODEL- 4YR PLEDGE, PMT 2 25,000

STUDIO-180

3017 4TH AVE SOUTH
MINNEAPOLIS,MN554082410 		    BUILDING PURCHASE & REMODEL- 5YR PLEDGE, PMT 3 25,000

TCMEDIANOW

1774 EDGEHILL RD
MAPLEWOOD,MN55109 		    TCMEDIANOW DIGITIZATION 10,000

TEACH FOR AMERICA - TWIN CITIES UPPER MIDWEST LOCKBOX

PO BOX 411361
BOSTON,MA022411361 		    GENERAL OPERATING SUPPORT 15,000

THE CENTER FOR VICTIMS OF TORTURE

2356 UNIVERSITY AVENUE W SUITE 430
SAINT PAUL,MN55114 		    GENERAL OPERATING SUPPORT 4,000

THE CHILDREN'S THEATRE COMPANY

2400 THIRD AVENUE SOUTH
MINNEAPOLIS,MN55404 		    GENERAL OPERATING SUPPORT 2,000

THE CHILDREN'S THEATRE COMPANY

2400 THIRD AVENUE SOUTH
MINNEAPOLIS,MN55404 		    GOS2025 2,000

THE PARTNERSHIP PLAN

PO BOX 5821875 GREELEY STREET SOUTH
STILLWATER,MN55082 		    LITERACY IMPROVEMENT FOR ALL INITIATIVE 10,000

THE REDEMPTION PROJECT TOWN SQUARE TOWER

445 MINNESOTA STREET SUITE 1500
SAINT PAUL,MN55101 		    GENERAL OPERATING SUPPORT 2025 50,000

THE SAINT PAUL CHAMBER ORCHESTRA SOCIETY

408 PETER STREETTHIRD FLOOR
SAINT PAUL,MN55102 		    GENERAL OPERATING SUPPORT 5,000

THE SALVATION ARMY ADULT REHABILITATION CENTER

900 NORTH 4TH STREET
MINNEAPOLIS,MN55401 		    CAPITAL CAMPAIGN PLEDGE- PMT 3 OF 5 10,000

THE WORLD PRESS INSTITUTE

3415 UNIVERSITY AVENUE
SAINT PAUL,MN55114 		    GENERAL OPERATING SUPPORT 6,000

TICKETS FOR KIDS CHARITIES

2038 FORD PARKWAY 428
SAINT PAUL,MN55116 		    GENERAL OPERATING SUPPORT 12,500

TORAH ACADEMY

2800 JOPPA AVE SO
ST LOUIS PARK,MN55416 		    SOCIAL EMOTIONAL LEARNING CENTER- PMT 2 OF 2 17,500

TRANSFIGURATION SCHOOL

6133 15TH STREET NORTH
OAKDALE,MN55128 		    GENERAL OPERATING SUPPORT- 4 YR PLEDGE, PMT 2 25,000

TRUE FRIENDS

10509 108TH ST NW
ANNANDALE,MN55302 		    CAMP COURAGE RECREATION CENTER CAPITAL CAMPAIGN- 4 YR PLEDGE, PMT 2 25,000

TRUE FRIENDS

10509 108TH ST NW
ANNANDALE,MN55302 		    GENERAL OPERATING SUPPORT 10,000

TUBMAN

4432 CHICAGO AVENUE SOUTH
MINNEAPOLIS,MN55407 		    GENERAL OPERATING SUPPORT 5,000

TWIN CITIES PUBLIC TELEVISION

172 E FOURTH ST
SAINT PAUL,MN55101 		    GENERAL OPERATING SUPPORT 5,000

UNION GOSPEL MISSION TWIN CITIES

77 NINTH STREET EAST
SAINT PAUL,MN55101 		    GOS2025 25,000

UNIVERSITY OF WISCONSIN-RIVER FALLS FOUNDATION

410 S 3RD ST
RIVER FALLS,WI54022 		    SCITECH PLEDGE- PMT 3 OF 4 25,000

URBAN BOATBUILDERS INC

2288 UNIVERSITY AVE W
SAINT PAUL,MN55114 		    GENERAL OPERATING SUPPORT 10,000

VICTORIA THEATER ARTS CENTER

825 UNIVERSITY AVE W
SAINT PAUL,MN55104 		    VICTORIA THEATER ARTS CENTER CAPITAL CAMPAIGN- PMT 5 OF 5 10,000

VOCAL ESSENCE

1900 NICOLLET AVENUE
MINNEAPOLIS,MN55403 		    GENERAL OPERATING SUPPORT 5,000

WALKER WEST MUSIC ACADEMY

760 SELBY AVENUE
SAINT PAUL,MN55104 		    3-PILLAR/3-YR PLAN FOR WIDER MUSIC EDU PLEDGE- PMT 3 OF 3 16,666

WASHBURN CENTER FOR CHILDREN

1100 GLENWOOD AVENUE
MINNEAPOLIS,MN554051430 		    GENERAL OPERATING SUPPORT 15,000

WHITE BEAR LAKE AREA HISTORICAL SOCIETY

PO BOX 10543
WHITE BEAR LAKE,MN55110 		    CAPITAL CAMPAIGN: ARMORY ROOF AND MASONRY REPAIR- PMT 1 PF 2 12,500

WORLD SAVVY

2429 NICOLLET AVE
MINNEAPOLIS,MN55404 		    WOLRD SAVVY SCHOOL PARTNERSHIPS - TWIN CITIES 5,000

YMCA OF THE NORTH

NW 5901 PO BOX 1450
MINNEAPOLIS,MN554855901 		    CHILDCARE 2022 PLEDGE- PMT 3 OF 4 25,000

YOUTH FRONTIERS INC

5215 EDINA INDUSTRIAL BLVD SUITE
400
MINNEAPOLIS,MN554392911 		    GOS2025 & CHARTER ACADEMY PLEDGE- PMT 1 OF 3 20,000

YOUTH SERVICES BUREAU INC

6120 OREN AVENUE NO
STILLWATER,MN55082 		    GENERAL OPERATING SUPPORT- 5 YR PLEDGE, PMT 2 30,000

YOUTHLINK

41 N 12TH STREET
MINNEAPOLIS,MN55403 		    GENERAL OPERATING SUPPORT 28,000
Total ................................. 3a 2,215,666
bApproved for future payment

180 DEGREES INC
1301 7TH ST E
ST PAUL,MN55106 		    BUILDING BRIGHTER FUTURES 75,000

AFTON HISTORICAL MUSEUM
3165 ST CROIX TRAIL SOUTH
AFTON,MN55001 		    GENERAL OPERATING SUPPORT 10,000

ALIA
1000 UNIVERSITY AVE W 230
ST PAUL,MN55104 		    GENERAL OPERATING SUPPORT 20,000

ARTS PARTNERSHIP
345 WASHINGTON ST
ST PAUL,MN55102 		    ARS PARTENERSHIP ALL FOR ONE 80,000

BELWIN CONSERVANCY
1553 STAGECOACH TRAIL SO
AFTON,MN55001 		    GENERAL OPERATING SUPPORT 50,000

BELWIN CONSERVANCY
1553 STAGECOACH TRAIL SO
AFTON,MN55001 		    STILLWATER AREA PUBLIC SCHOOLS PARTNERSHIP' 5,000

BRIDGING
201 W 87TH ST
BLOOMINGTON,MN55420 		    NW METRO EXPANSION 40,000

CATHOLIC CHARITIES OF THE ARCHDIOCESE OF ST PAUL AND MINNEAPOLIS
1007 E 14TH ST
MINNEAPOLIS,MN55404 		    DOROTHY DAY SUPPORT FOR HOMELESS 12,500

CITIZENS COUNCIL FOR HEALTH FREEDOM
61 ST ANTHONY AVE STUITE 923
ST PAUL,MN55103 		    DOROTHEY DAY PLACE 15,000

COMMUNITIES FOR SHCOOLS OF THE TWIN CITIES
56 6TH ST E SUITE 307
ST PAUL,MN55101 		    GENERAL OPERATING SUPPORT 100,000

CRESCENT COVE
3440 BELTLINE BLVD SUITE 207
ST LOUIS PARK,MN55416 		    GENERAL OPERATING SUPPORT 93,750

FAMILYMEANS
1875 NORTHWESTERN AVE S
STILLWATER,MN55082 		    BETTER IS POSSIBLE 10,000

FREEDOM FOUNDATION OF MN
825 NICOLLET MALL SUITE 815
MINNEAPOLIS,MN55402 		    GENERAL OPERATING SUPPORT 20,000

GILLETTE CHILDREN'S HOSPITAL FOUNDATION
200 UNIVERSITY AVE E
ST PAUL,MN55101 		    GENERAL OPERATING SUPPORT 25,000

GREATER TWIN CITIES UNITED WAY
404 S 8TH ST
MINNEAPOLIS,MN55404 		    GENERAL OPERATING SUPPORT 20,000

HAMM MEMORIAL PSYCHIATRIC CLINIC
10 RIVER PARK PLAZA STE 701
ST PAUL,MN55407 		    CHEMICAL DEPENDENCY ASSESSMENT SVCS 25,000

HOPE ACADEMY
2300 CHICAGO AVE S
MINNEAPOLIS,MN55404 		    GENERAL OPERATING SUPPORT 50,000

MINNEAPOLIS AMERICAN INDIAN CENTER
1530 E FRANKLIN AVE
MINNEAPOLS,MN55404 		    GENERAL OPERATING SUPPORT 30,000

NORTHLAND ADAPTIVE RECREATION
806 EAST 4TH ST
DULUTH,MN55805 		    OUTFITTING FOR ADAPTIVE EQUIPMENT 18,000

PARK NICOLLET FOUNDATION
6500 EXCESIOR BLVD
ST LOUIS PARK,MN55426 		    GROWING THROUGH GRIEF 25,000

REGIONS HOSPITAL FOUNDATION
640 JACKSON ST
ST PAUL,MN55101 		    EMERGENCY AND MENTAL HEALTH 50,000

SALVATIONS ARMY JOAN KROC CENTER
900 NORTH 4TH ST
MINNEAPOLS,MN55401 		    GENERAL OPERATING SUPPORT 100,000

ST CLOUD STATE UNIVERSITY
720 4TH AVE S
ST CLOUD,MN56301 		    GENERAL OPERATING SUPPORT 10,000

ST OLAF COLLEGE
1520 ST OLAF AVE
NORTHFIELD,MN55057 		    GENERAL OPERATING SUPPORT 100,000

THE FRIENDS OF THE ST PAUL LIBRARY
322 MN ST SUITE W 1420
ST PAUL,MN55101 		    GENERAL OPERATING SUPPORT 120,000

TRANSFIGURATION SCHOOL
6133 15TH ST N
OAKDALE,MN55128 		    GENERAL OPERATING SUPPORT 50,000

UNIVERSITY OF MN MS TREATMENT
PO BOX 860266
MINNEAPOLS,MN55486 		    MS TREATMENT 75,000

UNIVERSITY OF WI-RIVER FALLS FOUNDATION
410 S 3RD ST
RIVER FALLS,WI54022 		    SCIENCE TECHNOLOGY 25,000

VESTIBULAR DISORDER
5018 NE 15TH AVE
PORTLAND,OR97211 		    VESTIBULAR CONFERENCE 7,500

YMCA OF THE NORTH
NW 5901 PO BOX 1450
MINNEAPOLIS,MN55485 		    CHILDCARE 25,000

YOUTH FRONTIERS
5215 EDINA INDUSTRIAL BLVD SUITE
400
MINNEAPOLIS,MN55439 		    GENERAL OPERATING SUPPORT 40,000

YOUTH SERVICE BUREAU
6120 OREN AVE N
STILLWATER,MN55082 		    GENERAL OPERATING SUPPORT 90,000

AMERICAN RED CROSS MINNESOTA REGION
1201 W RIVER PARKWAY
MINNEAPOLIS,MN55454 		    BLAINE BLOOD DONATION CENTER 40,000

COMMONBOND COMMUNITIES
1080 MONTREAL AVE
ST PAUL,MN55116 		    SUPPORTIVE HOUSING 50,000

EMMA NORTON SERVICES
670 ROBERT ST N
ST PAUL,MN55101 		    HOME + HEALING CAPITAL CAMPAIGN 40,000

HAZELDEN BETTY FORD FOUNDATION
15251 PLEASANT VALLEY RD PO BOX 11
CENTER CITY,MN55012 		    MIDWEST EXPANSION 50,000

JK MOVEMENT
1063 IGLEHART AVE
ST PAUL,MN55401 		    CAMPAIGN FOR YOUTH 50,000

LAKEVIEW HEALTH HOSPITAL CAMPUS
927 CHURCH ST W
STILLWATER,MN55082 		    LAKEVIEW HOSPITAL CAMPUS 75,000

LUNDSTRUM PERFORMING ARTS
1617 2ND ST N
MINNEAPOLIS,MN55454 		    NORTH STAR RISING CAPITAL 40,000

MINNESOTA ZOOLOGICAL GARDEN
13000 ZOO BOULEVARD
APPLE VALLEY,MN55124 		    TREETOP TRAIL 25,000

NORTHSIDE ECONOMIC OPPORTUNITY NETWORK
1007 W BROADWAY AVE N
MINNEAPOLIS,MN55411 		    NEONS COLLECTIVE KITCHENS 66,664

OPEN ARMS OF MINNESOTA
2500 BLOOOMINGTON AVE
MINNEAPOLIS,MN55404 		    ARMS WIDER CAPITAL CAMPAIGN 10,000

RAMSEY COUNTY HISTORICAL SOCIETY
75 W 5TH ST
ST PAUL,MN55102 		    GIBBS TRANSFORMATIONAL CAMPAIGN 50,000

STUDIO-180
3017 4TH AVE SOUTH
MINNEAPOLIS,MN55408 		    BUILDING PURCHASE AND RENOVATION 50,000

STUDIO-180
3017 4TH AVE SOUTH
MINNEAPOLIS,MN55408 		    BUILDING PURCHASE AND RENOVATION 50,000

THE SALVATION ARMY ADULT REHABILITATION CTR
900 N 4TH ST
MINNEAPOLIS,MN55401 		    CAPITAL PLEDGE 20,000

TRUE FRIENDS
10509 108TH ST NW
ANNANDALE,MN55302 		    CAMP COURAGE RECREATION CENTER 50,000

WHITE BEAR LAKE HISTORICAL SOCIETY
PO BPX 10543
WHITE BEAR LAKE,MN55110 		    ARMORY ROOF AND MASONRY REPAIR 12,500
Total ................................. 3b 2,095,914
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 ........... 		    14 492,286  
4 Dividends and interest from securities ....     14 474,594  
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 2,892,851  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 3,859,731 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
3,859,731
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2025)
Form 990-PF (2025)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Preparer's name Preparer's Signature Date Check if self-
employed 		PTIN
Firm's name
Firm's EIN
Firm's address


Phone no.
Form 990-PF (2025)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2025 AllOthProgRltdInvestmentsSch
Name:
THE HUBBARD BROADCASTING FOUNDATION
EIN:
41-6022291
Category Amount
N/A 0

TY 2025 InvestmentsCorpBondsSchedule
Name:
THE HUBBARD BROADCASTING FOUNDATION
EIN:
41-6022291
Name of Bond End of Year Book Value End of Year Fair Market Value
AMERICAN EXPRESS CO 258,742 258,742
AMERICAN HONDA FINANCE CORP 250,049 250,049
BANCO SANTANDER SA 200,476 200,476
BHP BILLITON FINANCE USA LTD 300,348 300,348
CANADIAN NATIONAL RAILWAY CO 324,370 324,370
CIGNA GROUP/THE 298,134 298,134
CSX CORP 247,943 247,943
ELI LILLY & CO 280,983 280,983
EXXON MOBIL CORP 249,656 249,656
FIFTH THIRD BANK NA 199,844 199,844
GOLDMAN SACHS GROUP INC/THE 249,853 249,853
HSBC HOLDINGS PLC 300,164 300,164
INTERNATIONAL BUSINESS MACHINES CORP 311,289 311,289
JOHN DEERE CAPITAL CORP 350,642 350,642
JPMORGAN CHASE & CO 316,311 316,311
LLOYDS BANKING GROUP PLC 303,954 303,954
MIZUHO FINANCIAL GROUP INC 299,262 299,262
SOUTHERN CALIFORNIA EDISON CO 302,072 302,072
SUMITOMO MITSUI FINANCIAL GROUP INC 309,327 309,327
TORONTO-DOMINION BANK/THE 300,885 300,885
TORONTO-DOMINION BANK/THE 255,728 255,728
TOYOTA MOTOR CREDIT CORP 355,527 355,527
UNION PACIFIC CORP 300,186 300,186
TRAVELERS PROPERTY CASUALTY CORP 252,898 252,898
ROCKWELL AUTOMATION INC 210,720 210,720
HONEYWELL INTERNATIONAL INC 306,387 306,387
UNITEDHEALTH GROUP INC 359,646 359,646
TOYOTA MOTOR CREDIT CORP 305,438 305,438
ABBVIE INC 307,371 307,371
CONOCOPHILLIPS CO 306,080 306,080
INTERNATIONAL BUSINESS MACHINES CORP 307,028 307,028

TY 2025 InvestmentsCorpStockSchedule
Name:
THE HUBBARD BROADCASTING FOUNDATION
EIN:
41-6022291
Name of Stock End of Year Book Value End of Year Fair Market Value
3I GROUP PLC UNSPONS ADR (TGOPY) 77,394 77,394
3M CO (MMM) 91,097 91,097
A G C O CORP (AGCO) 77,092 77,092
ABBOTT LABORATORIES (ABT) 70,789 70,789
ABBOTT LABORATORIES (ABT) 68,032 68,032
ABBVIE INC COM (ABBV) 100,307 100,307
ABBVIE INC COM (ABBV) 93,681 93,681
ABM INDUSTRIES INCORPORATED (ABM) 14,805 14,805
ACCENTURE PLC IRELAND CL A(ACN) 19,561 19,561
ACUSHNET HOLDINGS CORP (GOLF) 198,273 198,273
ADVANCE AUTO PARTS (AAP) 29,003 29,003
ADYEN NV UNSPONSRED ADR (ADYEY) 65,694 65,694
AIR PROD & CHEM INC (APD) 113,135 113,135
ALIBABA GROUP HLDG LTD (BABA) 107,003 107,003
ALPHABET INC CL A(GOOGL) 431,627 431,627
ALPHABET INC CL C(GOOG) 192,359 192,359
AMAZON COM INC (AMZN) 403,473 403,473
AMAZON COM INC (AMZN) 347,846 347,846
AMERICAN EXPRESS CO (AXP) 131,702 131,702
AMETEK INC NEW (AME) 117,848 117,848
AMPHENOL CORP NEWCL A(APH) 113,247 113,247
ANALOG DEVICES INC (ADI) 110,378 110,378
AON PLC CL A(AON) 42,346 42,346
APPLE INC (AAPL) 531,486 531,486
APPLE INC (AAPL) 887,079 887,079
APPLIED MATERIALS INC (AMAT) 91,488 91,488
APPLOVIN CORP (APP) 112,528 112,528
ARCH CAPITAL GROUP LTD (ACGL) 75,489 75,489
ARES MANAGEMENT CORP CL A (ARES) 71,117 71,117
ARISTA NETWORKS INC (ANET) 97,748 97,748
ARTISAN PARTNERS ASSET MGMT (APAM) 95,169 95,169
ASML HOLDINGNV NYREGNEW (ASML) 117,685 117,685
ASSURED GUARANTYLTD (AGO) 26,332 26,332
ASTRAZENECA PLC ADR (AZN) 73,452 73,452
AUTOZONE INC (AZO) 179,220 179,220
AUTOZONE INC (AZO) 26,535 26,535
AVALONBAYCOMM INC (AVB) 24,477 24,477
AXIS CAPITAL HOLDINGS LTD (AXS) 16,171 16,171
BAE SYS PLC SPON ADR (BAESY) 122,555 122,555
BANCFIRST CORP (BANF) 113,547 113,547
BANK OF NEW YORK MELLON CORP (BK) 131,182 131,182
BANKOF AMERICACORP (BAC) 206,250 206,250
BECTON DICKINSON & CO (BDX) 38,814 38,814
BERKSHIRE HATHAWAY CL-B NEW (BRK'B) 46,886 46,886
BLACK HILLS CORP (BKH) 16,591 16,591
BLACKROCK INC (BLK) 52,309 52,309
BLACKSTONE INC (BX) 67,513 67,513
BOOKING HOLDINGS INC (BKNG) 95,518 95,518
BRINK'S COMPANYCOM (BCO) 44,708 44,708
BRISTOL MYERS SQUIBB CO (BMY) 51,998 51,998
BROADCOM INC (AVGO) 369,635 369,635
BROADCOM INC (AVGO) 589,754 589,754
BROADSTONE NET LEASE INC (BNL) 16,050 16,050
CABOT CORP (CBT) 47,125 47,125
CANADIAN NATURAL RESOURCES LTD (CNQ) 46,002 46,002
CANADIAN PACIFIC KANSAS CITY (CP) 70,611 70,611
CAPITAL ONE FINANCIAL CORP (COF) 139,357 139,357
CBOE GLOBAL MARKETS INC(CBOE) 151,855 151,855
CELANESE CORP SERIES A COM STK (CE) 48,918 48,918
CENACORA INC (COR) 50,663 50,663
CHARLES SCHWAB NEW (SCHW) 142,272 142,272
CHATHAM LODGINGTRUST COM (CLDT) 3,814 3,814
CHEVRON CORP (CVX) 132,139 132,139
CHUBB LTD (CB) 42,448 42,448
CISCOSYS INC (CSCO) 80,034 80,034
CME GROUP INC (CME) 165,486 165,486
CMS ENERGYCP (CMS) 47,762 47,762
CNOFINL GROUP INC COM (CNO) 49,520 49,520
COCA COLA CO (KO) 74,384 74,384
COCA COLA CO (KO) 70,260 70,260
COLUMBIASPORTSWEAR CO (COLM) 6,390 6,390
COMCAST CORP (NEW) CLASS A(CMCSA) 84,738 84,738
COMCAST CORP (NEW) CLASS A(CMCSA) 59,063 59,063
CONCENTRIX CORP (CNXC) 24,075 24,075
CONMED CORP (CNMD) 20,381 20,381
CONOCOPHILLIPS (COP) 149,776 149,776
COPART INC (CPRT) 92,511 92,511
CORNING INC (GLW) 87,035 87,035
CORVEL CORP (CRVL) 138,385 138,385
COUPANG INC CL A (CPNG) 66,123 66,123
CUSHMAN & WAKEFIELD PLC (CWK) 3,368 3,368
CVB FINCL CP (CVBF) 11,030 11,030
CVS HEALTH CORP COM (CVS) 86,026 86,026
DANAHER CORPORATION (DHR) 131,629 131,629
DEERE & CO (DE) 117,324 117,324
DENTSPLY SIRONA INC (XRAY) 35,387 35,387
DEVON ENERGY CORP NEW (DVN) 69,853 69,853
DOMINION ENERGY INC (D) 87,826 87,826
DONALDSON CO INC (DCI) 107,013 107,013
DOORDASH INC CL A (DASH) 50,958 50,958
DOVER CORP (DOV) 109,530 109,530
DRHORTON INC 9DHI) 50,411 50,411
EATON CORP PLC SHS (ETN) 129,952 129,952
ELI LILLY & CO (LLY) 37,351 37,351
EMCOR GROUP INC (EME) 130,923 130,923
ENERGIZER HLDGS INC (ENR) 21,660 21,660
ENVISTA HLDGS CORP (NVST) 26,747 26,747
EOG RESOURCES INC (EOG) 87,578 87,578
EXPERIAN GP LTD ADR (EXPGY) 44,420 44,420
FERGUSON ENTERPRISES INC (FERG) 60,110 60,110
FERRARI NV(RACE) 45,086 45,086
FIRST HAWAIIAN INC (FHB) 130,042 130,042
FIRST HAWAIIAN INC (FHB) 36,913 36,913
FLOWERS FOODS INC (FLO) 33,956 33,956
FNB CORPORATION (FNB) 91,058 91,058
FRONTDOOR INC (FTDR) 13,788 13,788
FTI CONSULTINGINC (FCN) 206,192 206,192
GALLAGHER ARTHUR J & CO (AJG) 74,532 74,532
GENL DYNAMICS CORP (GD) 128,604 128,604
GENTHERM INC COM (THRM) 12,548 12,548
GOLDMAN SACHS GRP INC (GS) 107,238 107,238
GOLDMAN SACHS GRP INC (GS) 227,661 227,661
GRACO INC (GGG) 131,152 131,152
GRANITE CONSTR INC (GVA) 41,641 41,641
GRAPHIC PACKAGINGHOLDINGCO (GPK) 76,204 76,204
GREIF BROS CORP CL A(GEF) 24,372 24,372
HEALTHPEAK PROPERTIES INC (DOC) 139,221 139,221
HEICO CORP NEW (HEI) 82,839 82,839
HOME DEPOT INC (HD) 82,928 82,928
HOPE BANCORP, INC. (HOPE) 22,197 22,197
HORACE MANN EDUCATORS CP (HMN) 28,262 28,262
ICICI BANK LTD (IBN) 59,540 59,540
ICU MEDICAL INC (ICUI) 54,215 54,215
INTEGRA LIFESCIENCES CRP NEW (IART) 13,674 13,674
INTL BUSINESS MACHINES CORP (IBM) 44,432 44,432
INTL BUSINESS MACHINES CORP (IBM) 169,136 169,136
INTUIT INC (INTU) 75,516 75,516
INTUITIVE SURGICAL INC (ISRG) 33,969 33,969
JACKHENRY& ASSOC INC (JKHY) 177,006 177,006
JOHNSON & JOHNSON (JNJ) 140,312 140,312
JOHNSON & JOHNSON (JNJ) 116,306 116,306
KADANT INC (KAI) 133,674 133,674
KEMPER CORP DEL COM(KMPR) 40,135 40,135
KENNAMETAL INC (KMT) 11,080 11,080
KEYCORP NEW (KEY) 77,317 77,317
KITE RLTYGROUP TR (KRG) 50,529 50,529
KOPPERS HOLDINGS INC (KOP) 7,447 7,447
LAM RESEARCH CORPORATION (LRCX 37,488 37,488
LANDSTAR SYSTEM INC (LSTR) 152,897 152,897
LCI INDS(LCII) 80,084 80,084
LINDE PLC (LIN) 60,974 60,974
LKQ CORPORATION (LKQ) 72,782 72,782
LOWES COMPANIES INC (LOW) 119,857 119,857
MANHATTAN ASSOC INC (MANH) 77,990 77,990
MARRIOTT VACATIONS WORLDWIDE (VAC) 29,422 29,422
MASTERCARD INC CL A(MA) 163,272 163,272
MASTERCARD INC CL A(MA) 355,658 355,658
MATSON INC COM (MATX) 20,756 20,756
MAXIMUS INC (MMS) 38,326 38,326
MC DONALDS CORP (MCD) 95,662 95,662
MC DONALDS CORP (MCD) 111,249 111,249
MC DONALDS CORP (MCD) 58,681 58,681
MCKESSON CORP (MCK) 65,728 65,728
MEDTRONIC PLC SHS (MDT) 60,326 60,326
MERCADOLIBRE INC (MELI) 56,337 56,337
MERCADOLIBRE INC (MELI) 52,371 52,371
MERCK & CO INC NEW COM (MRK) 90,313 90,313
META PLATFORMS INC CL A (META) 231,032 231,032
MICROSOFT CORP (MSFT) 595,820 595,820
MICROSOFT CORP (MSFT) 141,217 141,217
MICROSOFT CORP (MSFT) 1,148,114 1,148,114
MILLERKNOLL INC (MLKN) 18,061 18,061
MITSUBISHI HEAVY INDS LTD ADR (MHVIY) 116,684 116,684
MOELIS & COMPANYCL A(MC) 164,770 164,770
MONDAY.COM LTD (MNDY) 32,611 32,611
MONDELEZ INTL INC COM (MDLZ) 56,522 56,522
MORGAN STANLEY (MS) 122,851 122,851
MSC INDL DIRECT CO CLASS A (MSM) 14,297 14,297
NATERA INC COM (NTRA) 131,956 131,956
NCR VOYIX CORPORATION (VYX) 19,625 19,625
NETFLIX INC (NFLX) 59,702 59,702
NEXTERAENERGYINC (NEE) 82,046 82,046
NIKE INC B (NKE) 47,719 47,719
NORFOLKSOUTHERN CORP (NSC) 48,216 48,216
NOVO NORDISK A/S ADR (NVO) 41,315 41,315
NU HLDGS LTD ORD SHS CL A (NU) 70,208 70,208
NVIDIA CORPORATION (NVDA) 440,327 440,327
NVIDIACORPORATION (NVDA) 1,554,851 1,554,851
NXP SEMICONDUCTORS NV (NXPI) 72,064 72,064
OLD NATL BANCORP IND (ONB) 106,642 106,642
OLIN CORPORATION (OLN) 36,119 36,119
ORACLE CORP (ORCL) 131,174 131,174
PALO ALTO NETWORKS INC (PANW) 30,393 30,393
PATTERSON -UTI ENERGYINC (PTEN) 30,996 30,996
PEBBLEBROOK HOTEL TR COM (PEB) 20,750 20,750
PEPSICO INC NC (PEP) 50,088 50,088
PHILIP MORRIS INTL INC (PM) 161,844 161,844
PORTLAND GENERAL ELEC CO (POR) 58,836 58,836
PRIMERICAINC (PRI) 250,351 250,351
PRIMO BRANDS CORPORATION CL A (PRMB) 68,735 68,735
PROCTER & GAMBLE (PG) 91,145 91,145
PROGRESSIVE CORP OHIO (PGR) 72,870 72,870
PROLOGIS INC COM (PLD) 58,341 58,341
PUBLIC SERVICE ENTERPRISE GP (PEG) 21,922 21,922
QUANTA SERVICES INC (PWR) 64,153 64,153
RADIAN GROUP INC (RDN) 26,129 26,129
RANGE RESOURCES CORP (RRC) 28,596 28,596
RAYONIER INCORPORATED (RYN) 36,459 36,459
RBC BEARINGS INC (RBC) 173,991 173,991
REPUBLIC SERVICES INC (RSG) 32,001 32,001
RESIDEOTECHNOLOGIES INC (REZI) 42,004 42,004
RIGHTMOVE PLC UNSPON ADR (RTMVY) 103,745 103,745
RLI CORP (RLI) 153,936 153,936
ROLLS ROYCE HOLDINGS PLC (RYCEY) 168,709 168,709
RTX CORPORATION (RTX) 128,563 128,563
S&P GLOBAL INC COM (SPGI) 54,872 54,872
SAFRAN SA (SAFRY) 111,247 111,247
SALESFORCE INC (CRM) 117,885 117,885
SAP AG (SAP) 96,921 96,921
SCIENCE APPLICATIONS INTL CP (SAIC) 39,559 39,559
SEA LIMITED ADR (SE) 66,081 66,081
SEAGATE TECHNOLOGY HOLDINGS PLC (STX) 72,152 72,152
SENSATA TECHNOLOGIES HLDG PLC (ST) 62,785 62,785
SERVICENOW INC (NOW) 53,833 53,833
SERVICENOW INC (NOW) 95,744 95,744
SHOPIFY INC CL A (SHOP) 150,024 150,024
SIEMENS ENERGY AG ADR (SMNEY) 229,923 229,923
SILGAN HOLDINGS INC (SLGN) 40,209 40,209
SIMMONS 1ST NATL ANEW (SFNC) 9,463 9,463
SIMPSON MANUFACTURINGCO INC (SSD) 249,794 249,794
SOUTHWEST GAS HOLDINGS INC (SWX) 20,805 20,805
SPIRE INC (SR) 39,613 39,613
SPOTIFY TECHNOLOGY SA (SPOT) 83,042 83,042
TAIWAN SMCNDCTR MFG CO LTD ADR (TSM) 114,870 114,870
TAIWAN SMCNDCTR MFG CO LTD ADR (TSM) 206,949 206,949
TEGNA INC COM (TGNA) 10,753 10,753
TEREXCP NEWDEL (TEX) 47,882 47,882
TESLAINC (TSLA) 464,561 464,561
TEXAS INSTRUMENTS (TXN) 81,540 81,540
THE CIGNA GROUP (CI) 75,138 75,138
THE ENSIGN GROUP INC (ENSG) 32,227 32,227
TIMKEN CO (TKR) 46,860 46,860
TJX COS INC NEW (TJX) 91,552 91,552
TOROCO (TTC) 211,599 211,599
TRANE TECHNOLOGIES PLC (TT) 34,645 34,645
TRAVELERS COMPANIES INC COM (TRV) 48,730 48,730
TRI POINTE GROUP INC (TPH) 8,214 8,214
UBER TECHNOLOGIES INC (UBER) 28,844 28,844
UBS GROUP AG SHS (UBS) 78,264 78,264
UFP INDUSTRIES INC (UFPI) 119,913 119,913
UGI CORPORATION NEW COM (UGI) 62,845 62,845
UNION PACIFIC CORP (UNP) 114,735 114,735
UNION PACIFIC CORP (UNP) 133,009 133,009
UNITED BANKSHARES INC WVA(UBSI) 17,165 17,165
UNITEDHEALTH GP INC (UNH) 82,528 82,528
VALLEY NATL BANCORP (VLY) 24,189 24,189
VENTAS INC (VTR) 64,380 64,380
VERIZON COMMUNICATIONS (VZ) 44,355 44,355
VISA INC CL A (V) 49,801 49,801
WAFD INC (WAFD) 29,211 29,211
WALMART INC (WMT) 102,052 102,052
WALMART INC (WMT) 190,623 190,623
WASTE CONNECTIONS INC (WCN) 42,437 42,437
WATTS WTR TECH INC A(WTS) 231,581 231,581
WELLS FARGO & CO NEW (WFC) 268,136 268,136
WHITE MOUNTAIN GRP BERMUDA(WTM) 68,199 68,199
WORKDAY INC CL A (WDAY) 103,524 103,524
XCEL ENERGY INC (XEL) 71,496 71,496
YUM BRANDS INC (YUM) 49,015 49,015
ZOETIS INC CLASS-A (ZTS) 96,630 96,630
ADVANCED MICRO DEVICES (AMD) 127,211 127,211
BROWN & BROWN INC (BRO) 78,823 78,823
CADENCE DESIGN SYSTEM (CDNS) 116,280 116,280
EXELIXIS INC (EXEL) 187,154 187,154
FORTINET INC (FTNT) 152,864 152,864
IDEX CORPORATION DELAWARE (IEX) 95,554 95,554
INCYTE CORP (INCY) 176,403 176,403
KEURIG DR PEPPER INC COM (KDP 161,870 161,870
KLA CORPORATION (KLAC 114,126 114,126
QUALCOMM INC (QCOM) 69,788 69,788
UNITED THERAPEUTICS CORP (UTHR) 140,815 140,815
VERISIGN INC (VRSN) 147,957 147,957
VERISK ANALYTICS INC COM (VRSK 135,556 135,556
AMERICAN TOWER CORP (AMT 33,534 33,534
CARRIER GLOBAL CORPORATION (CARR) 52,840 52,840
CITIGROUP INC NEW (C) 100,470 100,470
CME GROUP INC (CME) 70,182 70,182
DANAHER CORPORATION (DHR) 67,531 67,531
DIGITAL REALTY TRUST INC (DLR) 32,644 32,644
FIDELITY NATL INFORMATION SE (FIS) 69,052 69,052
HEWLETT PACKARD ENTERPRISE (HPE) 96,128 96,128
PACKAGING CORP AMER (PKG) 32,584 32,584
PROCTER & GAMBLE (PG) 85,126 85,126
QUEST DIAGNOSTICS INC (DGX) 31,582 31,582
TEXAS INSTRUMENTS (TXN) 94,899 94,899
WALT DISNEY CO HLDG CO (DIS) 42,095 42,095
HAWKINS INC (HWKN) 43,186 43,186
INSTALLED BLDG PRODS INC (IBP) 165,231 165,231
KFORCE INC (KFRC) 25,725 25,725
AMCOR PLC (AMCR) 141,196 141,196
AMERICOLD REALTY TRUST INC (COLD) 62,885 62,885
AVANTOR INC (AVTR) 5,375 5,375
BEACON FINANCIAL CORP (BBT) 34,307 34,307
DNOW INC (DNOW) 16,033 16,033
EVEREST GROUP LTD (EG) 28,419 28,419
GENTEX CORP (GNTX) 38,093 38,093
JBT MAREL CORPORATION (JBTM) 21,395 21,395
LINEAGE INC (LINE) 9,870 9,870
LYONDELLBASELL NV CL-A (LYB) 14,289 14,289
NCR ATLEOS CORPORATION (NATL) 24,238 24,238
NORTHWESTERN ENERGY GROUP INC (NWE) 10,391 10,391
PERRIGO CO LTD (PRGO) 32,100 32,100
REYNOLDS CONSUMER PRODS INC (REYN) 38,941 38,941
SHIFT4 PMTS INC CL A (FOUR) 23,614 23,614
SONOCO PRODUCTS CO (SON) 62,711 62,711
TELEFLEX INC (TFX) 24,652 24,652
TORO CO (TTC) 8,580 8,580
3M CO (MMM) 138,006 138,006
ADVANCED MICRO DEVICES (AMD) 101,298 101,298
ALNYLAM PHARMACEUTICALS INC (ALNY) 57,659 57,659
ALPHABET INC CL C (GOOG) 685,967 685,967
AMPHENOL CORP NEW CL A (APH) 94,193 94,193
CARVANA CO CL A (CVNA) 97,487 97,487
CELESTICA INC (CLS) 52,027 52,027
CHARLES SCHWAB NEW (SCHW) 77,830 77,830
CIENA CORP NEW (CIEN) 60,572 60,572
CLOUDFLARE INC CL A (NET) 103,701 103,701
CROWDSTRIKE HLDGS INC CL A (CRWD) 67,033 67,033
DEERE & CO (DE) 40,256 40,256
GE AEROSPACE (GE) 157,095 157,095
GE VERNOVA INC (GEV) 177,117 177,117
GILEAD SCIENCE (GILD) 84,691 84,691
HIMS & HERS HEALTH INC COM CL (HIMS) 36,301 36,301
INSMED INC (INSM) 176,477 176,477
META PLATFORMS INC CL A (META) 306,942 306,942
NETFLIX INC (NFLX) 87,197 87,197
PALANTIR TECHNOLOGIES INC CL A (PLTR) 186,815 186,815
PHILIP MORRIS INTL INC (PM) 122,064 122,064
ROBINHOOD MKTS INC CL A (HOOD) 126,898 126,898
ROBLOX CORP CL A (RBLX) 64,338 64,338
RTX CORPORATION (RTX) 78,495 78,495
SNOWFLAKE INC CL A (SNOW) 30,930 30,930
SOFI TECHNOLOGIES INC (SOFI) 90,426 90,426
VISTRA CORP (VST) 35,170 35,170
WESTERN DIGITAL CORPORATION (WDC) 62,017 62,017
ASM INTERNATIONAL NV ADR (ASMIY) 50,455 50,455
DEUTSCHE BOERSE AG UNSPON ADR (DBOEY) 47,764 47,764
NINTENDO CO LTD ADR NEW (NTDOY) 67,625 67,625
PHILIP MORRIS INTL INC (PM) 112,280 112,280
RHEINMETALL AG UNSPON ADR (RNMBY) 45,466 45,466
SEA LIMITED ADR (SE) 120,426 120,426
SEAGATE TECHNOLOGY HLDNGS PLC (STX) 86,472 86,472
SHOPIFY INC CL A (SHOP) 64,388 64,388
TENCENT HLDGS LTD UNSPON ADR (TCEHY) 83,746 83,746
ELI LILLY& CO (LLY) 246,102 246,102
ELI LILLY & CO (LLY) 245,027 245,027

TY 2025 InvestmentsGovtObligationsSch
Name:
THE HUBBARD BROADCASTING FOUNDATION
EIN:
41-6022291
US Government Securities - End of Year Book Value:

79,558
US Government Securities - End of Year Fair Market Value:

79,558
State & Local Government Securities - End of Year Book Value:


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


0


TY 2025 OtherDecreasesSchedule
Name:
THE HUBBARD BROADCASTING FOUNDATION
EIN:
41-6022291
Description Amount
PRIOR PERIOD ADJUSTMENT 50,714


TY 2025 OtherExpensesSchedule
Name:
THE HUBBARD BROADCASTING FOUNDATION
EIN:
41-6022291
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
MISCELLANEOUS EXPENSE 560 0   461


TY 2025 OtherIncreasesSchedule
Name:
THE HUBBARD BROADCASTING FOUNDATION
EIN:
41-6022291
Description Amount
UNREALIZED GAIN/(LOSS) ON INVESTMENTS 575,690


TY 2025 OtherProfessionalFeesSchedule
Name:
THE HUBBARD BROADCASTING FOUNDATION
EIN:
41-6022291
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 52,511 52,511   0
CONSULTING FEES 320,358 320,358   0


TY 2025 TaxesSchedule
Name:
THE HUBBARD BROADCASTING FOUNDATION
EIN:
41-6022291
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL EXCISE TAXES 64,000 0   0
MN FILING FEE 25 0   25