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 Taylor Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address) 1725 Roe Crest Dr
  Room/suite
City or town
North Mankato
State or province
MN
Country  
ZIP or foreign postal code
56003
A Employer identification number

45-4904514
B Telephone number (see instructions)

5076252828
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)$72,274,382J 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) 54,313,524
2 Check .................
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,002,472 1,002,472  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 27,544,800
b Gross sales price for all assets on line 6a 75,780,231
7 Capital gain net income (from Part IV, line 2)... 27,544,800
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)....... Click to see attachment
List of Attached Documents:
// Content
3,677 3,677  
12 Total. Add lines 1 through 11........ 82,864,473 28,550,949  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
4,463 0   4,463
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
219,490 219,490   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
56,171 5,166   0
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
14,861 450   14,411
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 294,985 225,106   18,874
25 Contributions, gifts, grants paid....... 760,000 760,000
26 Total expenses and disbursements. Add lines 24 and 25 ................ 1,054,985 225,106   778,874
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 81,809,488
b Net investment income (if negative, enter -0-) 28,325,843
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 Savings and temporary cash investments......... 276,565 3,916,375 3,916,375
3 Accounts receivable  
Less: allowance for doubtful accounts        
4 Pledges receivable  
Less: allowance for doubtful accounts        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule)  
Less: allowance for doubtful accounts        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 0 Click to see attachment
List of Attached Documents:
// Content
11,181,597 		11,238,041
b Investments—corporate stock (attach schedule)....... 6,615,159 Click to see attachment
List of Attached Documents:
// Content
21,216,650 		23,101,538
c Investments—corporate bonds (attach schedule)....... 0 Click to see attachment
List of Attached Documents:
// Content
15,308,675 		15,351,841
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 4,808,546 Click to see attachment
List of Attached Documents:
// Content
15,400,355 		18,666,587
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) 11,700,270 67,023,652 72,274,382
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe )    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 11,700,270 67,023,652
29 Total net assets or fund balances (see instructions)..... 11,700,270 67,023,652
30 Total liabilities and net assets/fund balances (see instructions). 11,700,270 67,023,652
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
11,700,270
2
Enter amount from Part I, line 27a .....................
2
81,809,488
3
Other increases not included in line 2 (itemize)
3
0
4
Add lines 1, 2, and 3 ..........................
4
93,509,758
5
Decreases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
5
26,486,106
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
67,023,652
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      
b Capital Gains Dividends P    
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 75,780,229   48,235,431 27,544,798
b 2     2
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       27,544,798
b       2
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 27,544,800
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) 1 393,729
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........................... 3 393,729
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- ..... 5 393,729
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 39,484
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 39,484
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 6,877
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed....... 9 361,122
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 ofGlen A Taylor Telephone no. (507) 625-2828

Located at1725 Roe Crest DriveNorth MankatoMN ZIP+456003
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........
and enter the amount of tax-exempt interest received or accrued during the year ........
15
 
16 At any time during calendar year 2025, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country
Form 990-PF (2025)
Form 990-PF (2025)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2025? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2025, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2025?....................
2a
 
No
If "Yes," list the years 20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2025 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Form 4720, Schedule C, to determine
if the foundation had excess business holdings in 2025.).....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2025? ..
4b
 
No
Form 990-PF (2025)
Form 990-PF (2025)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
Glen A Taylor Chair/ Grant Committee Member
0.50 		0 0 0
1725 Roe Crest Drive
North Mankato,MN56003
Therese A Taylor- Treasurer & Secretary/ Grant Committee Member
0.50 		0 0 0
1725 Roe Crest Drive
North Mankato,MN56003
Megan Mulvihill- Assistant Secretary/ Grant Committee Member
0.50 		0 0 0
1725 Roe Crest Drive
North Mankato,MN56003
Rebecca L Taylor Director/ Grant Committee Member
0.50 		0 0 0
1725 Roe Crest Drive
North Mankato,MN56003
Robert D Nelson Director/ Grant Committee Member
0.50 		0 0 0
1725 Roe Crest Drive
North Mankato,MN56003
Nancy Zallek Director/ Grant Committee Member
0.50 		0 0 0
1725 Roe Crest Drive
North Mankato,MN56003
David Krause Director/ Grant Committee Member
0.50 		0 0 0
1725 Roe Crest Drive
North Mankato,MN56003
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
Merrill Lynch Investment Management 219,490
c/o MMG Group 110 N Wacker Drive
17th Floor
Chicago,IL60606
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................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
37,341,637
b
Average of monthly cash balances.......................
1b
3,533,556
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
40,875,193
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
40,875,193
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
613,128
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
40,262,065
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
2,013,103
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
2,013,103
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
393,729
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
393,729
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,619,374
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,619,374
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
1,619,374
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
778,874
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
778,874
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 1,619,374
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...... 437,100
f Total of lines 3a through e ........ 437,100
4Qualifying distributions for 2025 from Part
XI, line 4: $ 778,874
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..... 778,874
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2025. 437,100 437,100
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2024. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2025. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2026 .......... 		403,400
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2020 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2021 ....  
b Excess from 2022 ....  
c Excess from 2023 ....  
d Excess from 2024 ....  
e Excess from 2025 ....  
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).)
Glen A Taylor
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:
Glen A Taylor
1725 Roe Crest Drive
North Mankato,MN56003
(507) 625-2828
bThe form in which applications should be submitted and information and materials they should include:
Letter to Foundation Grant Committee describing nature of request.
cAny submission deadlines:
None
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

Feeding Our Communities Partners

2120 Howard Drive W Suite F
North Mankato,MN56003 		    Operations 75,000

Loyola Catholic School

145 Good Counsel Dr
Mankato,MN560013146 		    Operations 250,000

Mankato Area Public Schools

10 Civic Center Plaza Ste 2
Mankato,MN560028741 		    Operations 110,000

Bethany Lutheran College

700 Luther Dr
Mankato,MN56001 		    Operations 325,000
Total ................................. 3a 760,000
bApproved for future payment
Total ................................. 3b 0
Form 990-PF (2025)
Form 990-PF (2025)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 1,002,472  
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 .....     01 3,677  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 27,544,800  
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 28,550,949 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
28,550,949
(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
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.
Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
The Taylor Foundation
 
Employer identification number

45-4904514
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 2025) Page 2
Name of organization
The Taylor Foundation
  		Employer identification number
45-4904514
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
Glen A Taylor Foundation
 
1725 Roe Crest Drive
 
North Mankato, MN56003

$ 36,867


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
Glen Taylor
 
1 Taylor Lane
 
Mankato, MN56003

$ 54,276,657


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
The Taylor Foundation
  		Employer identification number

45-4904514
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 Various Stocks $ 54,276,657 2025-07-28
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
The Taylor Foundation
  		Employer identification number

45-4904514
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2025 AccountingFeesSchedule
Name:
The Taylor Foundation
EIN:
45-4904514
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Accounting Fees 4,463 0   4,463

TY 2025 InvestmentsCorpBondsSchedule
Name:
The Taylor Foundation
EIN:
45-4904514
Name of Bond End of Year Book Value End of Year Fair Market Value
altria group inc 66,896 66,997
expedia inc 67,018 67,005
global payments inc 66,605 67,682
trinity acquisition plc 66,912 67,013
at&t inc 66,775 67,656
molson coors brewing co 67,030 67,625
citigroup inc 202,627 203,803
goldman sachs group inc 302,268 303,936
allegion us holding co 65,640 66,398
tenet healthcare corp 85,837 86,193
american express co 206,329 206,870
flex ltd 65,518 66,063
cvs health corp 204,666 205,679
verizon communications 205,891 206,685
conagra brands inc 78,349 78,908
bp cap markets america 205,461 206,316
iqvia inc 54,425 54,814
sba communications corp 86,789 88,959
cdw llc/cdw finance 78,787 79,907
lowe's cos inc 65,773 66,135
transdigm inc 86,438 87,774
qorvo inc 77,753 78,833
morgan stanley 206,025 206,682
encompass health corp 54,800 55,815
olin corp 77,595 79,645
johnson & johnson 205,049 206,090
qualcomm inc 205,904 207,203
block financial llc 78,201 78,984
teledyne technologies in 65,074 66,627
jpmorgan chase & co 202,804 204,937
eagle materials 65,483 67,200
dick's sporting goods 65,682 67,099
carlisle cos inc 65,213 67,182
fortune brands home & se 64,772 66,120
amazon.com inc 202,028 203,614
cco hldgs llc 79,931 78,086
motorola solutions inc 64,928 65,987
service corp intl 85,491 86,508
oracle corp 64,503 62,545
meta platforms inc 206,345 206,648
hp inc 65,270 66,021
philip morris intl inc 65,754 66,924
american tower corp 65,355 66,377
trimble inc 65,584 66,758
lkq corp 64,856 66,395
wells fargo & company 302,347 304,668
bat capital corp 66,044 67,310
fiserv inc 65,944 65,994
genuine parts co 64,400 64,450
westinghouse air brake 66,164 67,204
brown & brown inc 65,270 66,035
crown castle inc 65,573 66,672
zimmer biomet holdings 65,565 66,372
netapp inc 65,510 66,979
paychex inc 63,837 64,933
target corp 206,483 207,690
bath & body works inc 84,563 82,957
trintity acquisition plc 108,979 109,022
at&t inc 108,714 109,443
total system services inc 109,051 109,022
molson coors brewing co 109,124 109,394
hca inc 109,378 109,235
citigroup inc 292,610 293,277
wabtec 109,097 109,439
goldman sachs group inc 432,439 433,482
sba communications corp 137,210 137,953
allegion us holding co 108,651 109,012
american express co 294,548 294,790
boyd gaming corp 136,758 136,825
carlisle cos inc 109,228 109,408
flex ltd 108,256 108,385
expedia inc 109,038 109,393
cvs health corp 290,434 290,960
verizon communications 292,035 292,384
conagra brands inc 109,268 109,257
bp cap markets america 291,479 291,862
cdw llc 109,394 109,752
transdigm inc 136,456 137,645
service corp intl 137,171 137,904
qorvo inc 109,202 109,381
morgan stanley 291,597 291,475
encompass health corp 137,273 137,543
olin corp 108,826 109,143
johnson and johnson 293,575 293,678
qualcomm inc 289,909 290,084
marriott intl inc 109,237 109,612
flir systems inc 109,415 110,062
block financial inc 109,477 108,844
jpmorgan chase & co 292,471 293,432
dick's sporting goods 109,369 109,380
fortune brands home & se 109,178 109,242
amazon.com inc 290,642 290,877
cco hldgs 136,512 133,733
motorola solutions inc 108,443 108,260
oracle corp 108,980 104,241
meta platforms inc 291,925 292,332
hp inc 108,929 108,316
philip morris intl 108,622 108,752
trimble inc 108,645 108,751
lkq corp 108,586 109,231
wells fargo & company 431,975 431,613
bat capital corp 108,687 109,241
fiserv inc 109,364 107,241
altria group inc 108,406 108,434
genuine parts co 108,829 107,787
american tower corp 109,442 109,064
brown & brown inc 109,057 108,339
quanta services inc 108,769 108,682
crown castle inc 109,421 109,099
broadcom inc 108,906 108,207
netapp inc 108,786 108,841
paychex inc 109,123 108,919
target corp 294,654 293,805
bath & body works inc 150,991 146,394

TY 2025 InvestmentsCorpStockSchedule
Name:
The Taylor Foundation
EIN:
45-4904514
Name of Stock End of Year Book Value End of Year Fair Market Value
abbott labs 41,749 41,095
abbvie inc 27,661 32,903
accenture plc 13,983 13,683
agnico eagle mines 9,739 13,054
akamai technologies 2,863 3,141
albany intl crp new cl a 1,927 1,369
albemarle corp 2,375 4,243
amadeus it group sa 7,575 6,642
ambev sa shs 3,618 3,819
amer express company 6,377 12,578
amgen inc com 2,961 2,946
amphenol corp cl a new 8,737 34,326
analog devices inc com 17,803 30,103
aon plc reg shs 11,306 11,292
apple inc 35,650 45,672
archrock inc 5,150 5,672
arrow electronics 3,761 3,195
ase technology 10,358 15,875
asml holding nv ord shs 11,578 17,314
aumovio se namen 1,334 1,517
avantor inc 2,621 2,143
bae systems 9,694 9,129
baidu inc spon adr 4,175 6,272
banco bradessco s a adr 2,728 3,273
barclays ord gbp 12,126 15,332
bio rad labs cl a 3,044 3,636
blackrock inc reg shs 6,009 11,774
boeing company 27,250 39,516
borg warner inc 3,231 4,146
box inc 4,562 4,157
broadcom inc 30,685 35,648
bxp inc 3,514 3,374
byd company ltd 5,985 4,533
cabot corp 2,971 2,651
caci intl inc 3,991 3,730
cae inc 6,988 7,422
canadian natl 5,224 5,437
capgemini sa 5,368 5,680
capital one finl 12,383 14,057
carnival corp paired shs 4,045 7,421
caterpillar inc del 12,477 21,769
cbre group inc 3,056 7,075
centene corp 1,782 2,634
cf inds holdgs inc 5,861 4,795
charles river labs intl 3,736 4,189
check point softwre tech 7,548 6,495
chevron corp 16,714 16,308
china life ins co 2,442 2,983
chubb ltd 10,435 12,173
cigna group 25,340 23,945
cirrus ligic inc 3,788 4,266
cisco systems inc 8,633 9,706
citigroup inc 5,825 13,186
cme group inc 14,014 13,927
cognizant tech solutns 12,532 13,861
conmed corp 2,066 1,665
conocophillips 15,565 14,884
constellation energy 5,829 5,652
continental ag npv 4,141 4,793
copt defense properties 2,477 2,474
chr plc 8,385 10,733
cummins inc 9,885 13,782
d r horton inc 3,375 3,313
danaher corp 7,361 8,012
darden restaurants 4,444 4,048
dbs group holdings 8,140 9,423
deere co 10,717 9,777
denso corp 4,705 4,569
devon energy corp 5,777 6,154
diageo 4,932 4,033
disney co 7,297 7,054
dnb bank 6,646 7,008
dominion energy inc 15,203 15,292
dow inc reg 7,606 7,715
duke energy corp 14,741 14,534
east west bancorp 2,257 3,821
eastman chemical co 2,954 2,489
eaton corp 29,710 35,992
elevance health 6,894 8,413
eli lilly & co 10,812 15,046
emcor group inc 3,118 3,059
emerson elec co 15,221 22,562
entain plc 7,274 5,465
eog resources inc 9,298 7,981
equifax inc 9,422 9,547
equinor asa 4,963 4,372
erste group bank 11,549 15,124
eurofins scientific 5,812 5,423
everest group 4,316 4,412
exxon mobil corp 44,887 48,016
fifth third bancorp 9,172 9,034
firstcash hldgs 3,201 4,144
firstenergy corp 4,920 5,193
formfactor inc 2,708 4,295
freeport-mcmoran inc 18,973 22,652
gallagher arthur j & co 24,827 21,997
gatx corporation 4,950 5,427
genl dynamics corp 14,457 15,486
gilead sciences inc 4,994 8,224
grupo cibest 5,423 7,697
grupo finciero banorte 6,260 6,370
halliburton company 6,044 5,991
halma plc 3,877 4,188
hdfc bank 5,417 5,116
heineken 3,607 3,522
hexcel corp 3,492 4,212
hitachi corp 11,036 11,069
hologic inc 3,748 4,246
houlihan lokey inc 5,541 5,052
huntington ingalls inds 5,211 6,801
icici bank ltd 7,541 6,645
icon plc 7,731 7,653
illinois tool works 8,750 8,374
insperity inc 2,313 1,471
intel corp 6,308 11,402
intercontinental 15,110 22,836
intertek group plc 5,472 5,040
intl business machines 3,924 7,109
intuit inc 14,202 13,911
jacobs solutions inc 24,931 23,181
johnson and johnson 28,552 35,182
johnson controls inter 3,145 7,065
jpmorgan chase & co 53,817 58,322
julius baier gruppe ag 4,781 5,365
kimberly clark 8,440 8,172
kkr and co 15,706 13,258
kla corp 20,610 47,388
las vegas sands corp 10,595 13,213
leonardo spa 10,300 10,463
linde plc new 15,985 14,497
lonza group ag 8,130 7,479
lowe's companies inc 32,236 34,004
magnum ice cream c 290 301
marriott intl inc 11,129 16,753
marsh and mclennan cos 13,551 12,430
mastercard inc 14,672 14,843
mckesson corporation 11,141 19,687
mdu resources grp inc 4,081 4,119
medtronics plc shs 15,521 16,138
melrose industries plc 5,534 6,157
merck and co inc shs 7,184 9,052
merck kgaa 4,303 4,589
microsoft corp 40,965 38,690
middleby corp 4,254 4,311
mondelez intl 15,849 13,242
monolithic pwr systems 1,772 3,625
moody's corp 8,644 14,304
moog inc cl a 5,116 6,332
morgan stanley 6,584 13,670
mtu aero engines ag 7,917 7,461
murata mfg co 4,789 6,457
nasdaq omx grp 36,523 37,104
nike inc 9,824 8,346
nippon sanso hld 7,263 5,464
norsk hydro asa 4,810 5,910
northrop grumman corp 6,896 6,843
novartis adr 5,036 5,928
nxp semiconductors crp 12,495 11,938
on semiconductor 3,561 3,357
paccar 13,590 15,003
papa john's intl 2,304 2,040
paychex inc 6,791 5,272
penn entertainment inc 1,439 1,151
pepsico inc 7,156 7,176
petrleo bras vtg 4,284 3,946
pfizer inc 8,514 8,391
pg& e corp 2,602 3,005
phillip morris intl 11,902 12,190
phillips 66 10,417 10,065
pnc fincl services group 16,638 17,951
procter and Gamble co 14,956 13,758
progressive grp ohio 15,424 21,178
prologis inc 12,553 14,681
prysmian spa milano 7,957 10,360
public storage 8,700 7,785
qiagen nv reg shs 4,038 3,553
raymond james finl inc 3,627 6,102
reinsurance group america 5,404 5,697
relx plc reg shs 8,012 6,232
republic services 3,264 4,239
rio tinto plc 4,123 5,282
roche holdings 4,521 5,809
rtx corp 17,602 39,064
ryder system inc 5,377 5,742
s&p global inc 20,659 20,381
safran sa 10,345 11,177
sba communications corp 4,076 3,482
schwab charles corp 11,563 11,789
sempra 6,458 7,063
shell plc 6,910 6,987
siemens healthineers ag 6,030 5,611
smith a o corp del 4,479 4,213
snap on inc com 5,207 5,514
sociedad q&m chle 4,131 7,362
sonoco products co 2,934 2,706
southern company 14,700 13,516
state street corp 14,492 14,836
steel dynamics inc 5,783 6,100
stryker corp 12,001 14,059
sumco corp 5,654 6,278
syensqo sa 6,156 6,039
synopsis inc 2,528 1,879
taiwan s manufctring adr 16,488 20,665
te connectivity plc 19,616 21,386
teledyne tech inc 6,621 6,129
texas instruments 22,337 20,125
travelsky techology ltd 4,307 3,883
truist finl corp 7,141 7,529
unilever plc reg shs 5,538 5,556
union pacific corp 10,041 10,409
united health group inc 5,294 6,602
valmont industries 4,339 4,828
visa inc 15,496 15,431
vulcan materials co 12,013 12,550
walmart inc 10,364 11,698
warner bros discovery 6,138 7,378
webster finl cp 4,073 4,343
wec energy group inc 30,628 29,951
wells fargo & company 35,724 54,336
wex inc 3,430 2,980
wheaton precious metals 12,564 15,865
williams companies 14,511 13,465
wintrust finl cp 3,686 3,915
woodward inc 7,889 9,070
wynn resorts ltd 7,194 7,821
yum china holdings 4,992 5,067
3m company 6,728 12,328
abbott labs 349,429 344,548
abbvie inc 234,825 279,215
accenture plc 122,774 113,223
agnico eagle mines 75,460 102,227
akamai technologies 22,107 25,826
albany intl crp new cl a 13,404 10,799
albemarle corp 22,671 34,936
amadeus it group 63,483 55,573
ambev sa shs 31,939 34,039
amer express company 85,910 102,476
amgen inc 24,674 24,548
amphenol corp 229,028 289,605
analog devices inc 213,167 251,131
aon plc reg 89,175 87,161
apple inc 301,602 385,497
archrock inc 42,083 46,264
arrow electronics 31,338 26,664
ase technology 81,981 126,224
asml holding n v ord shares 98,189 145,006
aumovio se namen-akt 10,635 12,135
avantor inc 20,385 18,015
bae systems plc 78,415 74,511
baidu inc spon adr 32,996 49,128
banco bradesco s a adr 24,665 27,466
barclays ord gbp 100,087 127,298
bio rad labs cla a 25,550 30,602
blackrock inc reg shs 98,268 94,190
boeing company 335,282 320,903
borg warner inc 26,086 33,299
box inc 37,682 34,456
broadcom inc 125,428 303,530
bxp inc 29,042 28,004
byd company ltd 48,582 36,469
cabot corp 25,736 21,674
caci intl inc 33,196 30,903
cae inc 54,668 58,771
canadian natl railway co 42,349 43,988
capgemini sa 41,965 43,437
capital one finl 99,374 112,697
carnival corp 56,059 58,118
caterpillar inc 126,299 176,444
cbre group inc 57,139 57,563
centene corp 18,030 21,645
cf inds hldgs inc 49,812 41,222
charles river labs intl 29,944 33,912
check point softwre tech 61,112 52,142
chevron corp 133,846 131,225
china life ins co 21,098 23,533
chubb ltd 86,117 100,503
cigna group 211,088 196,514
cirrus logic inc 31,960 36,261
cisco systems inc 70,939 79,264
citigroup inc 86,959 107,005
cme group inc 112,402 111,144
cognizant tech solutns 106,553 117,113
conmed corp 18,178 13,804
conoco phillips 127,459 123,284
constellation energy 48,821 47,338
continental ag 31,723 36,849
copt defense properties 20,677 20,628
crh plc 68,829 87,610
cummins inc 78,165 109,236
d r horton inc 28,136 27,798
danaher corp 60,567 65,929
darden restaurants inc 36,446 33,124
dbs group holdings 64,805 75,074
deere co 88,721 81,009
denso corp 40,327 37,739
devon energy corp 46,460 49,487
diageo 40,164 33,279
disney co 58,608 56,657
dnb bank 52,911 56,762
dominion energy 133,556 134,347
dow inc 62,152 62,892
duke energy corp 122,515 120,492
east west bancorp 28,439 30,907
eastman chemical co 21,071 20,426
eaton corp plc 358,126 300,992
elevance health inc 55,222 68,007
eli lilly & co 76,843 124,663
emcor group inc 25,557 25,083
emerson elec co 204,840 184,614
entain plc 59,575 46,018
eog resources inc 74,354 64,371
equifax inc 77,560 78,547
equinor asa 40,957 36,674
erste group bank 92,667 123,415
eurofins scientific 47,071 43,898
everest group ltd 34,729 35,292
exxon mobil corp 361,640 387,735
fifth third bancorp 74,568 73,445
firstcash hldgs inc 27,025 35,701
first energy corp 39,580 42,397
formfactor inc 19,990 35,532
freeport-mcmoran inc 147,798 179,187
gallagher arthur j &co 200,255 172,613
gatx corporation 40,921 44,944
genl dynamics corp 118,705 126,584
gilead sciences inc 62,006 66,771
grupo cibest 44,992 64,373
grupo finceiro banorte 48,351 51,095
halliburton company 48,724 48,296
halma plc 30,721 33,597
hdfc bank ltd 43,716 41,327
heineken nv 28,998 28,585
hexcel corp 28,503 34,290
hitachi corp 87,148 89,081
hologic inc 31,454 35,457
houlihan lokey inc 44,933 40,935
huntington ingalls inds 40,349 52,371
icici bank ltd 59,481 52,418
icon plc 59,650 59,039
illinois tool works 71,890 68,718
insperity inc 16,024 12,003
intel corp 58,099 92,250
intercontinental 219,240 193,056
intertek group plc 42,967 40,071
intl business machines 50,457 56,872
intuit inc 122,409 119,898
jacobs solutions inc reg 207,820 192,994
johnson and johnson 234,320 288,281
johnson controls inter 44,976 51,612
jpmorgan chase & co 244,252 471,408
julius baer gruppe ag 37,200 41,734
kimberly clark 70,339 68,101
kkr & co 127,831 108,231
kla corp 296,688 390,041
las vegas sands corp 86,998 107,919
leonardo spa 83,237 86,765
linde plc new 128,511 116,404
lonza group ag 67,852 62,555
lowe's companies inc 268,966 282,881
magnum ice cream 2,495 2,582
marriott intl inc 118,630 135,885
marsh & mclennan cos 113,383 102,964
mastercard inc 122,899 123,881
mckesson corporation 141,934 163,238
mdu resources group 33,420 33,711
medtronic plc shs 127,978 132,947
melrose industries plc 43,973 50,073
merck and co inc 57,914 72,629
merck kgaa 35,249 37,569
microsoft corp 258,609 327,411
middleby corp com 34,330 34,640
mondelez international 132,053 109,544
monolithic pwr systems 26,025 32,629
moody's corp 119,715 120,561
moog inc 40,778 51,389
morgan stanley 89,984 112,199
mtu aero engines ag 68,287 64,660
murata mfg co 34,085 47,132
nasdaq omx grp 301,056 306,445
nike inc 79,914 67,660
nippon sanso holding 61,833 46,012
norsk hydro 38,507 47,733
northrop grumman corp 53,346 53,030
novartis adr 40,253 47,289
nxp semiconductors 102,243 97,460
on semiconductors crp 26,115 27,671
paccar inc 111,623 121,775
papa john's inc 20,848 17,013
paychex inc 56,186 42,292
penn entertainment inc 11,809 9,293
pepsico inc 61,511 59,991
perleo bras vtg 35,084 32,765
pfizer inc 70,564 67,927
pg&e corp 21,504 24,684
philip morris intl 98,434 97,844
phillips 66 shs 85,111 82,198
pnc fincl services group 132,691 142,980
procter & gamble co 119,479 108,629
progressive crp ohio 186,282 175,117
prologis inc 104,402 123,192
prysmian spa 64,983 84,201
public storage 70,680 63,318
qiagen nv reg shs 33,604 29,545
raymond james finl inc 52,270 50,401
reinsurance group america 44,356 46,796
relx plc reg shs 64,329 49,976
republic services inc 42,440 36,664
rio tinto plc 32,677 42,176
roche holdings genush fn 35,595 45,644
rtx corp 277,592 323,884
ryder system inc 43,575 46,125
s&p global inc 162,415 160,435
safran sa 85,262 91,162
sba communication corp 33,476 28,434
schwab charles corp 91,549 92,916
sempra 52,619 57,477
shell plc 55,961 56,779
siemens healthineers ag 47,452 44,157
smith a o corp del 37,330 35,045
snap on inc 41,848 44,109
sociedad q&m chle 32,515 58,067
sonoco products co 23,799 22,475
southern company 123,454 113,273
state street corp 123,861 126,688
steel dynamics inc 47,517 50,157
stryker corp 134,659 117,742
sumco corp 39,047 44,857
syensqo sa 47,299 47,104
synopsys inc 20,623 15,970
taiwan s manufctring 128,721 162,277
te connectivitiy plc 163,266 177,685
teledyne tech inc 52,570 48,519
texas instruments 188,444 170,541
travelsky techology ltd 31,950 25,730
truist finl corp 57,945 61,020
unilever plc reg shs 45,469 45,492
union pacific corp 80,537 83,738
united health group inc 44,848 55,128
valmont industries 35,717 39,830
visa inc 95,968 129,061
vulcan material co 103,857 108,384
walmart inc 53,910 96,370
warner bros discovery 49,089 58,850
webster finl cp 33,758 35,939
wec energy group inc 258,760 252,049
wells fargo & company 404,315 447,360
wex incc 27,838 23,986
wheaton precious metals 98,747 126,452
williams companies 122,039 113,307
wintrust finl cp 30,682 32,578
woodward inc 65,207 74,371
wynn resorts ltd 59,955 64,136
yum china holdings 40,716 41,342
3m company 96,562 101,824

TY 2025 InvestmentsGovtObligationsSch
Name:
The Taylor Foundation
EIN:
45-4904514
US Government Securities - End of Year Book Value:

4,100,057
US Government Securities - End of Year Fair Market Value:

4,107,378
State & Local Government Securities - End of Year Book Value:


7,081,540
State & Local Government Securities - End of Year Fair Market Value:


7,130,663


TY 2025 InvestmentsOtherSchedule2
Name:
The Taylor Foundation
EIN:
45-4904514
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ishares core s&p small AT COST 86,451 92,418
spdr s&p 500 etf AT COST 681,417 731,018
vanguard mid-cap etf AT COST 86,553 87,356
vanguard growth etf AT COST 215,994 231,734
vanguard ftse emerging AT COST 408,727 435,026
vanguard ftse developed AT COST 378,032 413,114
ishares core s&p small AT COST 689,900 737,545
spdr s&p 500 etf AT COST 3,623,404 6,047,948
vanguard mid-cap etf AT COST 742,557 749,058
vanguard growth etf AT COST 1,757,449 1,887,530
vanguard ftse emerging AT COST 3,592,614 3,817,928
vanguard ftse developed AT COST 3,137,257 3,435,912

TY 2025 OtherDecreasesSchedule
Name:
The Taylor Foundation
EIN:
45-4904514
Description Amount
Unrealized gain/loss on donated securities 26,486,106


TY 2025 OtherExpensesSchedule
Name:
The Taylor Foundation
EIN:
45-4904514
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
MN Filing Fee 25 0   25
Bank Fees 450 450   0
Insurance 14,386 0   14,386


TY 2025 OtherIncomeSchedule2
Name:
The Taylor Foundation
EIN:
45-4904514
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
Other Investment Income 3,677 3,677 3,677


TY 2025 OtherProfessionalFeesSchedule
Name:
The Taylor Foundation
EIN:
45-4904514
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment Management Fees 219,490 219,490   0


TY 2025 TaxesSchedule
Name:
The Taylor Foundation
EIN:
45-4904514
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Excise Taxes Paid 51,005 0   0
Foreign Taxes Paid 5,166 5,166   0