TY 2025 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0047

2025

Open to Public Inspection

For calendar year 2025, or tax year beginning 01 - 01 2025, and ending 12 - 31, 20 25

Name of foundation
PLANK STEWARDSHIP INITIATIVE

Number and street (or P.O. box number if mail is not delivered to street address) PO BOX 7374
Room/suite

City or town
SHERIDAN

State or province
WY

Country

ZIP or foreign postal code
82801

A Employer identification number

46-4491120

B Telephone number (see instructions)

3076726494

C If exemption application is pending, check here

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

Address change Name change

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

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

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

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

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

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)$7,866,028J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .................
3	Interest on savings and temporary cash investments	11		11
4	Dividends and interest from securities...	182,247		182,247
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		265,870
b	Gross sales price for all assets on line 6a 1,324,823
7	Capital gain net income (from Part IV, line 2)...			265,870
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........	448,128		448,128
13	Compensation of officers, directors, trustees, etc.	81,662		20,415	61,247
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......	12,676		3,169	9,507
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	4,755	3,566	1,189
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	56,059	56,059
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	7,722	2,631
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......	273			273
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	12,152	1,991	10,161
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	175,299		87,831	82,377
25	Contributions, gifts, grants paid.......	278,961			278,961
26	Total expenses and disbursements. Add lines 24 and 25 ................	454,260		87,831	361,338
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-6,132
b	Net investment income (if negative, enter -0-)			360,297
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	297,716	280,558	280,558
	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..........	5,002	8,356	8,356
	10a	Investments—U.S. and state government obligations (attach schedule)	24,992	List of Attached Documents: // Content 121,519	125,793
	b	Investments—corporate stock (attach schedule).......	4,038,131	List of Attached Documents: // Content 4,019,632	6,584,095
	c	Investments—corporate bonds (attach schedule).......	936,506	List of Attached Documents: // Content 866,056	864,815
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	List of Attached Documents: // Content 2,462	List of Attached Documents: // Content 2,411	List of Attached Documents: // Content 2,411
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	5,304,809	5,298,532	7,866,028
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........		0
		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	5,304,809	5,298,532
	29	Total net assets or fund balances (see instructions).....	5,304,809	5,298,532
	30	Total liabilities and net assets/fund balances (see instructions).	5,304,809	5,298,532

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............

5,304,809

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

-6,132

Other increases not included in line 2 (itemize)

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

5,298,677

Decreases not included in line 2 (itemize) Click to see attachment

List of Attached Documents:

// Content

145

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

5,298,532

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	598.282-DEMSX-DFA EMERGING MARKETS S	P	2016-05-16	2025-01-08
b	51-JPM-JPMORGAN CHASE & CO	P	2016-01-07	2025-02-12
c	49-XLK-TECHNOLOGY SELECT SECTOR SPDR	P	2022-11-11	2025-02-12
d	128-VCIT-VANGUARD INTERMEDIATE-TERM	P	2020-06-05	2025-04-15
e	598.282-DEMSX-DFA EMERGING MARKETS S	P	2016-05-16	2025-01-08
	1050-CISCO SYSTEMS INC	P	2016-01-13	2025-07-31
	2130.125-DEMSX-DFA EMERGING MARKETS	P	2018-05-16	2025-01-08
	61-LOW-LOWE'S COS INC	P	2017-06-29	2025-02-12
	11-XLC-STATE STREET COMMUNICATION SE	P	2023-03-20	2025-02-12
	125-IVV-ISHARES CORE S&P 500 ETF	P	2025-04-07	2025-06-02
	115-IVV-ISHARES CORE S&P 500 ETF	P	2020-03-09	2025-01-22
	200-DOW INC	P	2018-05-04	2025-07-31
	924.925-DEMSX-DFA EMERGING MARKETS S	P	2018-09-05	2025-01-08
	13-PANW-PALO ALTO NETWORKS INC	P	2020-07-07	2025-02-12
	85-XLC-STATE STREET COMMUNICATION SE	P	2024-07-22	2025-02-12
	2436-HEFA-ISHARES CURRENCY HEDGED MS	P	2023-06-20	2025-06-11
	8-XLY-CONSUMER DISCRETIONARY SELECT	P	2022-01-03	2025-01-28
	500-DOW INC	P	2019-05-03	2025-07-31
	115-IVV-ISHARES CORE S&P 500 ETF	P	2020-03-09	2025-01-22
	13-PANW-PALO ALTO NETWORKS INC	P	2020-07-07	2025-02-12
	138-XLRE-STATE STREET REAL ESTATE SE	P	2020-02-07	2025-02-12
	7-JPM-JPMORGAN CHASE & CO	P	2016-01-07	2025-06-26
	761-VCIT-VANGUARD INTERMEDIATE-TERM	P	2020-06-05	2025-04-07
	85-IVV-ISHARES CORE S&P 500 ETF	P	2020-04-28	2025-01-22
	21-PANW-PALO ALTO NETWORKS INC	P	2020-07-07	2025-02-12
	161-XLRE-STATE STREET REAL ESTATE SE	P	2024-01-11	2025-02-12
	18-LOW-LOWE'S COS INC	P	2016-10-19	2025-07-18
	3850.161-GEACX-GMO RESOURCES FUND	P	2023-04-05	2025-04-08
	98-SWKS-SKYWORKS SOLUTIONS INC	P	2016-01-07	2025-01-29
	47-PANW-PALO ALTO NETWORKS INC	P	2025-01-29	2025-02-12
	10-XLU-STATE STREET UTILITIES SELECT	P	2020-11-02	2025-02-12
	27-LOW-LOWE'S COS INC	P	2017-06-29	2025-07-18
	128-VCIT-VANGUARD INTERMEDIATE-TERM	P	2020-06-05	2025-04-15
	49-GOOGL-ALPHABET INC	P	2017-07-26	2025-02-12
	14-XSD-STATE STREET SPDR S&P SEMICON	P	2021-03-10	2025-02-12
	51-XLU-STATE STREET UTILITIES SELECT	P	2020-11-04	2025-02-12
	197-MAS-MASCO CORP	P	2021-03-24	2025-07-18
	125-IVV-ISHARES CORE S&P 500 ETF	P	2025-04-07	2025-06-02
	47-AXP-AMERICAN EXPRESS CO	P	2016-03-11	2025-02-12
	38-XSD-STATE STREET SPDR S&P SEMICON	P	2022-03-04	2025-02-12
	119-XLU-STATE STREET UTILITIES SELEC	P	2021-11-10	2025-02-12
	73-PEP-PEPSICO INC	P	2016-01-07	2025-08-26
	2436-HEFA-ISHARES CURRENCY HEDGED MS	P	2023-06-20	2025-06-11
	43-AAPL-APPLE INC	P	2016-04-28	2025-02-12
	2-XLB-MATERIALS SELECT SECTOR SPDR F	P	2020-11-04	2025-02-12
	89-WMT-WALMART INC	P	2017-06-29	2025-02-12
	44-BMY-BRISTOL-MYERS SQUIBB CO	P	2015-10-15	2025-11-10
	2273-IBDX-ISHARES IBONDS DEC 2032 TE	P	2024-05-01	2025-11-12
	12-CSCO-CISCO SYSTEMS INC	P	2016-01-07	2025-02-12
	140-XLB-MATERIALS SELECT SECTOR SPDR	P	2023-08-09	2025-02-12
	57-WMT-WALMART INC	P	2017-06-29	2025-02-12
	186-BMY-BRISTOL-MYERS SQUIBB CO	P	2016-01-07	2025-11-10
	30-HCA HEALTHCARE INC	P	2018-05-02	2025-04-14
	231-CSCO-CISCO SYSTEMS INC	P	2023-12-27	2025-02-12
	122-XLV-STATE STREET HEALTH CARE SEL	P	2019-11-08	2025-02-12
	30-FDX-FEDEX CORP	P	2016-01-07	2025-02-20
	16-BMY-BRISTOL-MYERS SQUIBB CO	P	2017-03-14	2025-11-10
	600-SYSCO CORP	P	2019-05-15	2025-05-12
	47-SOXX-ISHARES SEMICONDUCTOR ETF	P	2024-05-17	2025-02-12
	42-XLE-STATE STREET ENERGY SELECT SE	P	2020-05-18	2025-02-12
	97-ICE-INTERCONTINENTAL EXCHANGE INC	P	2020-07-07	2025-03-21
	2273-IBDX-ISHARES IBONDS DEC 2032 TE	P	2024-05-01	2025-11-12
	300-SYSCO CORP	P	2019-08-07	2025-05-12
	1902-IBDY-ISHARES IBONDS DEC 2033 TE	P	2024-05-08	2025-02-12
	143-XLE-STATE STREET ENERGY SELECT S	P	2021-01-13	2025-02-12
	69-QCOM-QUALCOMM INC	P	2021-02-08	2025-03-21
	858.841-VTAPX-VANGUARD SHORT-TERM IN	P	2025-02-12	2025-11-12
	400-SYSCO CORP	P	2023-03-08	2025-05-12
	1558-IBDX-ISHARES IBONDS DEC 2032 TE	P	2023-11-28	2025-02-12
	197-XLF-FINANCIAL SELECT SECTOR SPDR	P	2024-10-18	2025-02-12
	761-VCIT-VANGUARD INTERMEDIATE-TERM	P	2020-06-05	2025-04-07
	16-SOLS-SOLSTICE ADVANCED MATERIALS	P	2020-07-07	2025-11-26
	100-HCA HEALTHCARE INC	P	2018-05-02	2025-07-14
	413-IBDX-ISHARES IBONDS DEC 2032 TER	P	2024-05-01	2025-02-12
	85-XLI-STATE STREET INDUSTRIAL SELEC	P	2024-11-27	2025-02-12
	3850.161-GEACX-GMO RESOURCES FUND	P	2023-04-05	2025-04-08
	11-SOLS-SOLSTICE ADVANCED MATERIALS	P	2024-11-29	2025-11-26
	50-GOLDMAN SACHS GROUP INC	P	2016-01-06	2025-07-16

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	13,766	10,857	2,909
b	13,977	3,130	10,847
c	11,416	6,531	4,885
d	10,302	12,014	-1,712
e	4,777	4,898	-121
	71,899	26,574	45,325
	49,014	50,250	-1,236
	15,241	4,687	10,554
	1,129	607	522
	74,016	62,771	11,245
	7,319	3,503	3,816
	4,687	12,725	-8,038
	21,283	19,405	1,878
	2,517	515	2,002
	8,722	7,239	1,483
	92,702	75,074	17,628
	1,853	835	1,018
	11,717	26,457	-14,740
	70,136	31,731	38,405
	2,517	515	2,002
	5,721	5,514	207
	2,019	430	1,589
	3,566	4,130	-564
	51,839	24,820	27,019
	4,066	832	3,234
	6,675	6,323	352
	3,924	1,251	2,673
	3,046	5,033	-1,987
	8,772	6,848	1,924
	9,100	8,752	348
	783	633	150
	5,886	2,075	3,811
	644	751	-107
	8,974	2,365	6,609
	3,280	2,482	798
	3,996	3,315	681
	12,936	11,331	1,605
	4,145	3,515	630
	14,421	2,800	11,621
	8,904	7,353	1,551
	9,323	7,943	1,380
	10,699	7,166	3,533
	5,480	4,441	1,039
	9,932	1,031	8,901
	176	130	46
	9,087	2,244	6,843
	2,071	2,785	-714
	6,562	6,219	343
	737	308	429
	12,325	11,667	658
	5,820	1,437	4,383
	8,754	12,289	-3,535
	10,200	2,957	7,243
	14,188	11,660	2,528
	17,770	11,583	6,187
	7,995	4,103	3,892
	753	911	-158
	42,604	44,285	-1,681
	10,171	10,824	-653
	3,800	1,625	2,175
	16,806	9,027	7,779
	58,034	54,776	3,258
	21,302	20,600	702
	47,473	47,709	-236
	12,937	6,153	6,784
	10,677	10,134	543
	21,566	21,059	507
	28,402	29,688	-1,286
	38,061	37,711	350
	10,098	9,386	712
	61,681	71,426	-9,745
	737	545	192
	37,616	9,857	27,759
	10,089	9,953	136
	11,612	11,800	-188
	56,597	93,520	-36,923
	507	600	-93
	34,839	8,530	26,309

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			2,909
b			10,847
c			4,885
d			-1,712
e			-121
			45,325
			-1,236
			10,554
			522
			11,245
			3,816
			-8,038
			1,878
			2,002
			1,483
			17,628
			1,018
			-14,740
			38,405
			2,002
			207
			1,589
			-564
			27,019
			3,234
			352
			2,673
			-1,987
			1,924
			348
			150
			3,811
			-107
			6,609
			798
			681
			1,605
			630
			11,621
			1,551
			1,380
			3,533
			1,039
			8,901
			46
			6,843
			-714
			343
			429
			658
			4,383
			-3,535
			7,243
			2,528
			6,187
			3,892
			-158
			-1,681
			-653
			2,175
			7,779
			3,258
			702
			-236
			6,784
			543
			507
			-1,286
			350
			712
			-9,745
			192
			27,759
			136
			-188
			-36,923
			-93
			26,309

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	265,870
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 .........................		3	13,891

Part V

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	5,008
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	5,008
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	5,008
6	Credits/Payments:

a	2025 estimated tax payments and 2024 overpayment credited to 2025	6a	5,940
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..............		7	5,940
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. List of Attached Documents: // Content		8	7
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	925
11	Enter the amount of line 10 to be: Credited to 2026 estimated tax925	Refunded	11
	For Refunded amount, also complete and attach Form 8050. See instructions.

Form 990-PF (2025)

Page 4

Part VI-A

Statements Regarding Activities

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

Yes

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

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

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

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

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

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

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

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

on foundation managers.$

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

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

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

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

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

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

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

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

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument? ................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XIV..................................

Yes

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

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2025 or the taxable year beginning in 2025? See the instructions for Part XIII.

If "Yes," complete Part XIII .............................

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

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

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement. See instructions.................

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

Yes

Website addressPLANKSTEWARDSHIP.ORG

The books are in care ofMOHATT JOHNSON AND GODWIN LLP Telephone no. (307) 672-6494

Located atPO BOX 603SHERIDANWY ZIP+482801

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........

and enter the amount of tax-exempt interest received or accrued during the year ........

16 At any time during calendar year 2025, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country? .................

16 No

See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country

Form 990-PF (2025)

Page 5

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........

1a(1)

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

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

1a(2)

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

1a(3)

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............

1a(4)

Yes

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)? ......................

1a(5)

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.) ...............

1a(6)

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........

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

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2025? .............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2025, did the foundation have any undistributed income (Part XII, lines 6d

and 6e) for tax year(s) beginning before 2025?....................

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

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

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

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

If "Yes," did it have excess business holdings in 2025 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Form 4720, Schedule C, to determine

if the foundation had excess business holdings in 2025.).....................

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

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2025? ..

Form 990-PF (2025)

Page 6

Part VI-B

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

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

Yes

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

5a(1)

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive? ....................

5a(2)

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

5a(3)

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

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

5a(4)

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals? .............

5a(5)

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........

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

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant? .................

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

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

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

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

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

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

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

Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or

excess parachute payment during the year? .........................

Part VII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation. See instructions

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)
CHARLIE BETTIGOLE	VICE CHAIRMA 1.00	0
3102 SPRUCE CT CHEYENNE,WY82001	VICE CHAIRMA 1.00	0
TRESSA LAWRENCE	SECRETARY 1.00	0
3012 SPRUCE CT CHEYENNE,WY82001	SECRETARY 1.00	0
LEAH BURGESS	BOARD CHAIR 1.00	0
3102 SPRUCE CT CHEYENNE,WY82001	BOARD CHAIR 1.00	0
KATIE MEIKLEJOHN	TREASURER 1.00	0
3102 SPRUCE CT CHEYENNE,WY82001	TREASURER 1.00	0
BEA GORDON	DIRECTOR 1.00	0
3102 SPRUCE CT CHEYENNE,WY82001	DIRECTOR 1.00	0
DR BEN RASHFORD	DIRECTOR 1.00	0
3102 SPRUCE CT CHEYENNE,WY82001	DIRECTOR 1.00	0
MANTHA PHILLIPS	DIRECTOR 1.00	0
3102 SPRUCE CT CHEYENNE,WY82001	DIRECTOR 1.00	0
BETH WHITE	DIRECTOR 1.00	0
3102 SPRUCE CT CHEYENNE,WY82001	DIRECTOR 1.00	0
KHALE CENTURY-RENO	DIRECTOR 1.00	0
3102 SPRUCE CT CHEYENNE,WY82001	DIRECTOR 1.00	0
KRISTIE MACZKO	DIRECTOR 1.00	0
3102 SPRUCE CT CHEYENNE,WY82001	DIRECTOR 1.00	0
MARTY ZELLER	DIRECTOR 1.00	0
3102 SPRUCE CT CHEYENNE,WY82001	DIRECTOR 1.00	0
MILWARD SIMPSON	EXECUTIVE DI 40.00	81,662
3102 SPRUCE CT CHEYENNE,WY82001	EXECUTIVE DI 40.00	81,662

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)

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


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
2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3.........................

Form 990-PF (2025)

Page 8

Part IX

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

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

purposes:

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

6,935,653

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

314,192

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

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

7,249,845

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

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

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

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

7,249,845

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

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

108,748

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

7,141,097

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

357,055

Part X

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here and do not complete this part.)

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

357,055

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

5,008

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

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

5,008

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

352,047

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

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

352,047

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

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

352,047

Part XI

Qualifying Distributions (see instructions)

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

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

361,338

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

361,338

Form 990-PF (2025)

Page 9

Part XII

Undistributed Income (see instructions)

	(c) 2024	(d) 2025
1 Distributable amount for 2025 from Part X, line 7		352,047
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only.......	266,292
b Total for prior years:20 , 20, 20
3 Excess distributions carryover, if any, to 2025:
a From 2020......
b From 2021......
c From 2022......
d From 2023......
e From 2024......
f Total of lines 3a through e ........
4Qualifying distributions for 2025 from Part
XI, line 4: $ 361,338
a Applied to 2024, but not more than line 2a	266,292
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.....		95,046
e Remaining amount distributed out of corpus
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
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 ..........		257,001
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......
8 Excess distributions carryover from 2020 not applied on line 5 or line 7 (see instructions) ...
9 Excess distributions carryover to 2026. Subtract lines 7 and 8 from line 6a ......
10 Analysis of line 9:
a Excess from 2021 ....
b Excess from 2022 ....
c Excess from 2023 ....
d Excess from 2024 ....
e Excess from 2025 ....

Form 990-PF (2025)

Page 10

Part XIII

Private Operating Foundations (see instructions and Part VI-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2025, enter the date of the ruling ......

b Check box to indicate whether the organization is a private operating foundation described in section 4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part IX for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2025	(b) 2024	(c) 2023	(d) 2022	(e) Total

b 85% (0.85) of line 2a .......
c Qualifying distributions from Part XI, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, 3b, or 3c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part IX, line 6 for each year listed ..
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XIV

Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

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:

MILWARD SIMPSON
3102 SPRUCE CT
CHEYENNE,WY82001
(307) 421-4956
MILWARD.SIMPSON@PLANKSTEWARDSHIP.ORG

bThe form in which applications should be submitted and information and materials they should include:

APPLICATIONS WILL BE EVALUATED FOR THEIR POTENTIAL TO ENHANCE SUSTAINABLE STEWARDSHIP IN THE NORTHERN GREAT PLAINS BY DEMONSTRATING THE ABILITY OF THE PROPOSED PROJECT AND/OR PROGRAM (S) TO FULFILL ONE OR MORE GRANT CRITERIA COMPONENTS BY ACHIEVING THE RESULTS DESCRIBED IN THE GRANT NARRATIVE AND BUDGET. WE ASK THAT INTERESTED NONPROFIT 501(C)3 ORGANIZATIONS, EDUCATIONAL INSTITUTIONS AND LOCAL, COUNTY AND STATE GOVERNMENT AGENCIES SUBMIT PROJECTS THAT MEET ONE OR MORE OF THE FOLLOWING CRITERIA: 1.PROVIDE SUCCESSION PLANNING ACTIVITIES AND RESOURCES FOR FARM AND RANCH FAMILIES IN ORDER TO ENHANCE FAMILY DECISION-MAKING FOR LONG TERM RANCH SUSTAINABILITY IN THE NORTHERN GREAT PLAINS 2. PROVIDE CRITICAL TRAINING AND RESOURCES TO SUPPORT SUCCESSFUL FARM AND RANCH OPERATIONS, AND ENHANCE FINANCIAL MANAGEMENT. 3.PROVIDE TRAINING AND RESOURCES IN SUSTAINABLE CONSERVATION PRACTICES IN LAND MANAGEMENT. THIS MAY INCLUDE BUT IS NOT LIMITED TO SOIL HEALTH IMPROVEMENT, DEVELOPMENT AND GROWTH OF LOC

cAny submission deadlines:

ANNUALLY ON MARCH 31ST VIA EMAIL TO MILWARD.SIMPSON@PLANKSTEWARDSHIP.ORG

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

OUR GRANTING EFFORTS ARE TO STRENGTHEN THE ECONOMIC AND ECOLOGICAL SUSTAINABILITY OF RANGELANDS IN THE NORTHERN GREAT PLAINS. THE GRANTS MUST BE FOCUSED ON ONE OR MORE OF THE FOLLOWING PSI MISSION-SPECIFIC CATEGORIES: 1) SUCCESSION PLANNING 2) ECONOMIC COMPETENCE AND SUSTAINABILITY 3) LAND STEWARDSHIP/SUSTAINABLE RANGE MANAGEMENT 4) SUPPORT FOR DIVERSE REPRESENTATION WITH EMPHASIS ON UNDER-REPRESENTED COMMUNITIES (OR DISADVANTAGED OR HISTORICALLY UNSUPPORTED GROUPS) IN RANCHING INCLUDING WOMEN AND YOUNG PRODUCERS

Form 990-PF (2025)

Page 11

Part XIV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
CLEAR CREEK CONSERVATION DISTRICT 500 W LOTT ST UNIT B BUFFALO,WY82834	NONE		SEEDING FIRE LINES WITH NATIVE GRASS	22,500
HOPA MOUNTAIN 509 S 22ND AVE BOZEMAN,MT59718	NONE		CULTIVATE NATIVE SEED CROPS	4,000
INTERTRIBAL AGRICULTURE COUNCIL PO BOX 958 BILLINGS,MT59103	NONE		AG ED FOR NATIVE AMERICAN YOUTH	6,500
MONTANA ASSOCIATION OF CONSERVATION DISTRICTS 1101 11TH AVE HELENA,MT59601	NONE		CONSERVATION EDUCATION FOR RANCHERS	11,350
MONTANA LAND RELIANCE 401 N CALIFORNIA ST HELENA,MT59601	NONE		LAND CONSERVATION AND STEWARDSHIP	48,000
PETROLEUM COUNTY CONSERVATION DISTRICT 813 BROADWAY AVE WINNETT,MT59087	NONE		WATER CONSERVATION PROJECTS FOR AG	22,500
QUIVIRA COALITION 1413 SECOND STREET STE 1 SANTA FE,NM87505	NONE		SUSTAINABLE AG TECH ASSISTANCE	25,600
RANCHERS STEWARDSHIP ALLIANCE 121 S 2ND ST E MALTA,MT59538	NONE		ASSIST RANCHERS WITH ESTATE PLANNING	3,866
SHERIDAN COMMUNITY LAND TRUST 14 LANE LN SHERIDAN,WY82801	NONE		WILDLIFE-FRIENDLY FENCING EDUCATION	10,000
SHERIDAN COUNTY MT CONSERVATION DISTRICT 119 N JACKSON ST PLENTYWOOD,MT59254	NONE		WATER CONSERVATION MONITORING AND ED	2,800
SHERIDAN COUNTY WY CONSERVATION DISTRICT 1949 SUGARLAND DR 102 SHERIDAN,WY82801	NONE		SUSTAINABLE AG ED FOR RANCHERS	21,542
THUNDER BASIN GRASSLANDS PRAIRIE ECOSYSTEM ASSOCIATION 671 STEINLE ROAD DOUGLAS,WY82633	NONE		SUSTAINABLE AGRICULTURE TECH SUPPORT	3,000
UNIVERSITY OF WYOMING 1000 E UNIVERSITY AVE LARAMIE,WY82071	NONE		MANAGING GRASSES INVADING ECOSYSTEMS	36,940
WINNETT ACES INC PO BOX 118 WINNETT,MT59087	NONE		SUSTAINABLE AGRICULTURE EDUCATION	2,500
WOMEN IN RANCHING INC PO BOX 76 COHAGEN,MT59322	NONE		RANCHING EDUCATION FOR WOMEN	62,750
WYOMING FARM BUREAU FOUNDATION 931 BOULDER DRIVE LARAMIE,WY82070	NONE		REFUND OF PRIOR YEAR GRANT	-200
WYOMING STOCKGROWERS LAND TRUST PO BOX 268 CHEYENNE,WY82003	NONE		REFUND OF PRIOR YEAR GRANT	-4,687
Total ................................. 3a				278,961

bApproved for future payment

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

Form 990-PF (2025)

Page 12

Part XV-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........			14	11
4 Dividends and interest from securities ....			14	182,247
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	265,870
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) ..				448,128

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

448,128

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

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2025)

Page 13

Part XVI

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

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Yes

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........Yes No

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2025)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2025 AccountingFeesSchedule

Name:

PLANK STEWARDSHIP INITIATIVE

EIN:

46-4491120

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING FEES	4,755	3,566		1,189

- TIN:

TY 2025 InvestmentsCorpBondsSchedule

Name:

PLANK STEWARDSHIP INITIATIVE

EIN:

46-4491120

Name of Bond	End of Year Book Value	End of Year Fair Market Value
VANGUARD SHORT-TERM INFLATION-PROTEC	79,557	78,542
DOUBLELINE TOTAL RETURN BOND FUND	167,143	166,233
VANGUARD MORTGAGE-BACKED SECURITIES	87,790	91,618
ISHARES IBONDS DEC 2032 TERM CORPORA
ISHARES IBONDS DEC 2033 TERM CORPORA	55,705	58,109
VANGUARD INTERMEDIATE-TERM CORPORATE	211,792	202,424
ARTISAN HIGH INCOME FUND	43,197	45,367
VANGUARD HIGH-YIELD CORPORATE FUND	42,694	45,556
ISHARES PREFERRED AND INCOME SECURIT	127,355	125,976
VANGUARD SHORT-TERM INFLATION-PROTEC	6,564	6,479
ARTISAN HIGH INCOME FUND	2,466	2,590
VANGUARD HIGH-YIELD CORPORATE FUND	2,437	2,600
DOUBLELINE TOTAL RETURN BOND FUND	9,061	9,018
VANGUARD MORTGAGE-BACKED SECURITIES	5,003	5,226
ISHARES IBONDS DEC 2032 TERM CORPORA
ISHARES IBONDS DEC 2033 TERM CORPORA	6,269	6,535
VANGUARD INTERMEDIATE-TERM CORPORATE	11,794	11,390
ISHARES PREFERRED AND INCOME SECURIT	7,229	7,152

- TIN:

TY 2025 InvestmentsCorpStockSchedule

Name:

PLANK STEWARDSHIP INITIATIVE

EIN:

46-4491120

Name of Stock	End of Year Book Value	End of Year Fair Market Value
DFA GLOBAL REAL ESTATE SECURITIES PO	123,582	127,624
GMO RESOURCES FUND
NORTHERN MULTI-MANAGER GLOBAL LISTED	130,539	147,361
ABBOTT LABORATORIES	16,734	20,923
ALPHABET INC	7,122	51,019
AMAZON.COM INC	17,445	49,165
AMERICAN EXPRESS CO	3,395	21,087
APPLE INC	4,243	48,119
BERKSHIRE HATHAWAY INC	17,504	38,704
BLACKSTONE INC	19,523	24,662
BRISTOL-MYERS SQUIBB CO
CISCO SYSTEMS INC	8,807	26,421
CITIGROUP INC	17,010	27,072
COMMUNICATION SERVICES SELECT SECTOR	15,507	36,258
CONSUMER DISCRETIONARY SELECT SECTOR	5,664	9,314
CONSUMER STAPLES SELECT SECTOR SPDR	13,156	16,313
COSTCO WHOLESALE CORP	7,478	18,971
DFA EMERGING MARKETS SMALL CAP PORTF
EMERSON ELECTRIC CO	5,301	15,528
ENERGY SELECT SECTOR SPDR FUND	13,569	33,085
FEDEX CORP
FIDELITY EMERGING MARKETS INDEX FUND	198,212	277,333
FIDELITY INTERNATIONAL INDEX FUND	281,859	375,184
FINANCIAL SELECT SECTOR SPDR FUND	12,448	18,403
GOLDMAN SACHS EMERGING MARKETS EQUIT	156,140	223,415
HEALTH CARE SELECT SECTOR SPDR FUND	24,343	40,403
HONEYWELL INTERNATIONAL INC	18,306	21,070
INDUSTRIAL SELECT SECTOR SPDR FUND	33,747	43,434
INTERCONTINENTAL EXCHANGE INC
INVESCO S&P 500 EQUAL WEIGHT ETF	274,208	304,197
ISHARES BIOTECHNOLOGY ETF	20,692	26,834
ISHARES CORE S&P 500 ETF
ISHARES CORE S&P MID-CAP ETF	110,873	181,500
ISHARES CORE S&P SMALL-CAP ETF	135,055	148,182
ISHARES CURRENCY HEDGED MSCI EAFE ET	110,673	151,047
ISHARES SEMICONDUCTOR ETF	14,509	18,972
ISHARES U.S. MEDICAL DEVICES ETF	11,575	11,684
JPMORGAN CHASE & CO	3,192	16,755
KKR & CO INC	12,081	11,728
LOWE'S COS INC	3,683	12,781
MASCO CORP
MATERIALS SELECT SECTOR SPDR FUND	10,396	15,873
MCDONALD'S CORP	19,202	25,367
META PLATFORMS INC	16,493	18,483
MICROSOFT CORP	10,385	65,772
MONDELEZ INTERNATIONAL INC	14,154	13,888
NVIDIA CORP	10,625	16,971
PALO ALTO NETWORKS INC	5,668	26,341
PEPSICO INC
PFIZER INC	15,918	15,363
QUALCOMM INC
REAL ESTATE SELECT SECTOR SPDR FUND	16,274	17,754
SALESFORCE INC	9,805	11,391
SKYWORKS SOLUTIONS INC
SPDR S&P REGIONAL BANKING ETF	17,284	18,730
SPDR S&P SEMICONDUCTOR ETF	12,589	22,834
TECHNOLOGY SELECT SECTOR SPDR FUND	28,630	83,503
UNION PACIFIC CORP	4,956	15,498
UNITEDHEALTH GROUP INC	4,516	13,204
UTILITIES SELECT SECTOR SPDR FUND	15,033	20,320
WALMART INC	5,791	27,853
WALT DISNEY CO	16,474	20,934
FLEXSHARES GLOBAL UPSTREAM NATURAL	128,535	166,252
FIDELITY REAL ESTATE INCOME FUND	127,996	133,844
GLOBAL X US INFRASTRUCTURE DEVELOPME	130,909	171,136
DOW INC COM
FREEPORT-MCMORAN INC	58,452	96,501
NEWMONT MINING CORP	80,090	179,730
DELTA AIR LINES	54,416	104,100
KIRBY CORP	78,148	110,180
APPLE INC	10,042	108,744
CISCO SYSTEMS
MICROSOFT CORP	25,096	91,888
NVIDIA CORPORATION	64,152	111,900
ORACLE CORP	35,186	146,183
HOME DEPOT INC	82,774	123,876
SYSCO CORP
WALMART, INC	51,806	133,692
HCA HEALTHCARE INC	31,343	140,058
ZIMMER BIOMET HLDGS INC	156,054	134,880
ALPHABET INC	82,775	266,050
IRON MOUNTAIN INC	74,954	74,655
CITIGROUP INC	87,061	219,377
COLDMAN SACHS GROUP INC	39,201	175,800
MORGAN STANLEY	32,956	195,283
BAKER HUGHERS COMPANY CL A	93,774	118,404
CORE NATURAL RESOURCES INC	127,933	132,765
CONSOL ENERGY INC
KINDER MORGAN INC DEL	74,005	109,960
SCHLUMBERGER LTD	53,605	69,084
DFA GLOBAL REAL ESTATE SECURITIES PO	6,921	7,737
GMO RESOURCES FUND
FLEXSHARES GLOBAL UPSTREAM NATURAL R	6,877	8,895
FIEDLITY INTERNATIONAL INDEX FUND	17,154	23,047
FIDELITY REAL ESTATE INCOME FUND	7,338	7,674
GLOBAL X US INFRASTRUCTURE DEVELOPME	8,610	11,326
NORTHERN MULTI-MANAGER GLOBAL LISTED	7,444	8,403
COMMUNICATION SERVICES SELECT SECTOR	4,426	9,771
CONSUMER DISCRETIONARY SELECT SECTOR	3,216	7,403
CONSUMER STAPLES SELECT SECTOR SPDR	3,850	4,816
DFA EMERGING MARKETS SMALL CAP PORTF
ENERGY SELECT SECTOR SPDR FUND	2,587	3,309
FIDELITY EMERGING MARKETS INDEX FUND	11,388	15,887
FIDELITY INTERNATIONAL INDEX FUND
FINANCIAL SELECT SECTOR SPDR FUND	6,000	11,064
GOLDMAN SACHS EMERGING MARKETS EQUIT	8,714	12,502
HEALTH CARE SELECT SECTOR SPDR FUND	3,586	6,037
INDUSTRIAL SELECT SECTOR SPDR FUND	2,824	5,739
INVESCO S&P 500 EQUAL WEIGHT ETF	15,905	17,624
ISHARES BIOTECHNOLOGY ETF	1,171	1,519
ISHARES CORE S&P 500 ETF
ISHARES SEMICONDUCTOR ETF	1,154	1,506
ISHARES CORE S&P MID-CAP ETF	11,946	17,160
ISHARES CORE S&P SMALL-CAP ETF	7,895	8,533
ISHARES CURRENCY HEDGED MSCI EAFE ET	6,284	8,851
MATERIALS SELECT SECTOR SPDR FUND	973	1,361
REAL ESTATE SELECT SECTOR SPDR FUND	1,452	1,574
SPDR S&P SEMICONDUCTOR ETF	1,081	1,930
TECHNOLOGY SELECT SECTOR SPDR FUND	5,971	19,580
UTILITIES SELECT SECTOR SPDR FUND	1,234	1,878

- TIN:

TY 2025 InvestmentsGovtObligationsSch

Name:

PLANK STEWARDSHIP INITIATIVE

EIN:

46-4491120

US Government Securities - End of Year Book Value:

121,519

US Government Securities - End of Year Fair Market Value:

125,793

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

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

- TIN:

TY 2025 OtherAssetsSchedule

Name:

PLANK STEWARDSHIP INITIATIVE

EIN:

46-4491120

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
ACCRUED DIVIDENDS	2,462	2,411	2,411

- TIN:

TY 2025 OtherDecreasesSchedule

Name:

PLANK STEWARDSHIP INITIATIVE

EIN:

46-4491120

Description	Amount
RETURN OF CAPITAL	145

- TIN:

TY 2025 OtherExpensesSchedule

Name:

PLANK STEWARDSHIP INITIATIVE

EIN:

46-4491120

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
EXPENSES
OFFICE SUPPLIES	1,098		1,098
WEBSITE	564		564
INSURANCE	2,355	1,177	1,178
BANK CHARGES
BOARD MEETING EXPENSES	8,135	814	7,321
DUES & SUBSCRIPTIONS

- TIN:

TY 2025 OtherProfessionalFeesSchedule

Name:

PLANK STEWARDSHIP INITIATIVE

EIN:

46-4491120

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES - FIB	32,250	32,250
INVESTMENT MANAGEMENT FEES - HOU	23,809	23,809

- TIN:

TY 2025 TaxesSchedule

Name:

PLANK STEWARDSHIP INITIATIVE

EIN:

46-4491120

Category	Amount	Net Investment Income
FOREIGN TAXES ON DIVIDEND INCOME	2,631	2,631
WY SECY OF STATE
EXCISE TAXES	5,091