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
ROEHL FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address) 1085 COUNTY ROAD 83
  Room/suite
City or town
MAPLE PLAIN
State or province
MN
Country  
ZIP or foreign postal code
553599367
A Employer identification number

47-6490311
B Telephone number (see instructions)

6128101154
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)$18,423,928J 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) 1,003,498
2 Check .................
3 Interest on savings and temporary cash investments 89,073 89,073  
4 Dividends and interest from securities... 356,766 356,766  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 264,057
b Gross sales price for all assets on line 6a 4,624,149
7 Capital gain net income (from Part IV, line 2)... 264,057
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
9,299    
12 Total. Add lines 1 through 11........ 1,722,693 709,896  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
3,950 3,950    
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
124,101 124,101    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
52,688 19,920    
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
25     25
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 180,764 147,971   25
25 Contributions, gifts, grants paid....... 756,000 756,000
26 Total expenses and disbursements. Add lines 24 and 25 ................ 936,764 147,971   756,025
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 785,929
b Net investment income (if negative, enter -0-) 561,925
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............. 73,608 5,591 5,591
2 Savings and temporary cash investments......... 282,544 314,066 314,066
3 Accounts receivable  
Less: allowance for doubtful accounts        
4 Pledges receivable  
Less: allowance for doubtful accounts        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule)  
Less: allowance for doubtful accounts        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 13,632,396 Click to see attachment
List of Attached Documents:
// Content
14,794,889 		14,794,889
c Investments—corporate bonds (attach schedule)....... 1,070,521 Click to see attachment
List of Attached Documents:
// Content
1,284,592 		1,284,592
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,800,276 Click to see attachment
List of Attached Documents:
// Content
2,024,790 		2,024,790
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) 16,859,345 18,423,928 18,423,928
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
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 16,859,345 18,423,928
29 Total net assets or fund balances (see instructions)..... 16,859,345 18,423,928
30 Total liabilities and net assets/fund balances (see instructions). 16,859,345 18,423,928
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
16,859,345
2
Enter amount from Part I, line 27a .....................
2
785,929
3
Other increases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
3
778,654
4
Add lines 1, 2, and 3 ..........................
4
18,423,928
5
Decreases not included in line 2 (itemize)
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
18,423,928
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 39 AVALON BAY COMMUNITIES P    
b 18 DIGITAL REALTY TRUST INC P    
c 82 SUN COMMUNITIES INC REIT P    
d 120 MORGAN STANLEY & CO P    
e 924 HUNTINGTON BANCSHRES INC P    
211 PNC FINANCIAL SERVICES GROUP P    
1,323 PFIZER INCORPORATED P    
32 CROWDSTRIKE HLDGS INC P    
13 AAON INC P 2024-02-09 2025-01-13
22,433 AUTO TRADER GRP PLC P    
168 OMEGA FLEX INC P    
123 ENGIE SPON ADR P 2025-04-04 2025-07-08
82 VAT GRP AG UNSPON ADR P 2025-02-20 2025-08-15
413 EPIROC AKTIEMBOLAG ADR P    
137 SHIN-ETSU CHEMICAL ADR P 2023-12-15 2025-08-21
169 BENTLEY SYSTEMS INC P   2025-06-05
44 CARETRUST REIT INC P 2025-06-20  
7 EQUINIX INC P    
68 UDR INC P    
166 PAYCHEX INC P    
130 JOHNSON & JOHNSON P    
226 PFIZER INCORPORATED P 2024-11-20 2025-07-23
23 PROGRESSIVE CORP P    
301 DEXCOM INC P    
551 ALLIANCE LAUNDRY P    
915 DREAM FINDERS HOMES INC P    
702 ONESTREAM INC P    
347 EPIROC AKTIEBOLAG ADR P 2024-04-24 2025-03-04
71 WOLTER KLUWER P 2025-04-11 2025-07-08
149 FANUC CORP P 2023-12-05 2025-04-07
108 SIEMENS AG - ADR P   2025-04-11
291 BERKLEY WR CORP P 2021-09-29  
122 EQUITY LIFESTYLE PROP P    
17 EXTRA SPACE STORAGE INC P 2025-02-13  
888 VICI PPTYS INC P    
0.11 UNILEVER PLC ADR P 2025-12-09 2025-12-09
1,208 KENVUE INC P    
85 ABBVIE INC P    
97 RTX CORP P    
10 META PLATFORMS INC P 2024-02-07  
117 APPFOLIO INC P 2025-01-31  
82 ASPEN TECHNOLOGY INC P   2025-03-13
72 PRICESMART INC P    
48 HALMA PLC P 2024-02-09 2025-02-05
401 JAMES HARDIE INDS PLC P   2025-08-20
120 GILDAN ACTIVEWEAR INC P   2025-11-18
270 SUNCOR ENERGY INC P    
64 BROWN AND BROWN INC COM P 2023-06-20 2025-04-28
.29 HUDSON PAC PPTYS INC P 2025-12-05 2025-12-05
128 HELATHCARE REALTY TRUST INC P    
50 WELLTOWER INC P    
89.80 MAGNUM ICE CREAM CO NV P    
65 MORGAN STANLEY & CO P   2025-09-12
24 AMERICAN EXPRESS COMPANY P   2025-12-17
161 TARGET CORP P    
64 GARTNER INC P   2025-08-12
654 ENDAVA PLC P    
927 ENDAVA PLC ADR P    
942 REVOLVE GRP INC P    
80 LVHM MOET HENNESSY P 2025-01-29 2025-04-15
9 ICON PLC P 2024-10-22 2025-04-08
97 IMCD GRP NV P   2025-09-25
102 SUZUKI MOTOR CORP ADR P   2025-04-07
59 ASPEN TECH NOLOGY INC P   2025-01-28
126 KILROY RLTY CORP P    
46 HIGHWOOD PROPERTIES INC REIT P   2025-07-30
257 WEYERHAEUSER CO P    
1,411 ATT INC P    
210 PHILIP MORRIS INTL INC P    
60 ANALOG DEVICES INC P    
37 UNION PACIFIC CORP P 2020-10-23 2025-02-05
120 NVIDIA CORP P 2021-03-08  
249 ENERPAC TOOL GRP CORP P   2025-05-16
458 ENERPAC TOOL GRP CORP P    
2,049 RIGHTMOVE PLC P    
35 LONDON STOCK ADR P 2024-02-09 2025-02-07
58 WIX.COM LTD P   2025-08-05
216 ING GROEP NV P    
287 SYMRISE AG - UNSPON ADR P   2025-07-08
39 FACTSET RESEARCH SYSTEMS INC P   2025-12-02
53 LAMAR ADVERTISING CO NEW P    
94 HOST HOTELS & REORTS P   2025-11-14
1099 TCW FDS INC EMERGIN MKTS P   2025-11-07
58 ABBVIE INC P    
135 SOUTHERN COMPANY P    
134 CITIGROUP INC NEW P 2023-02-22 2025-09-03
49 AON PLC P 2020-10-23  
1 O'REILLY AUTOMOTIVE INC P 2023-12-22 2025-03-25
55 FTI CONSULTING INC P 2025-10-31  
45 FACTSET RESEARCH SYSTEMS INC P    
452 RYAN SPECIALTY HOLDINGS INC P    
53 MITSUBISHI ELECTRIC P 2025-02-21 2025-10-30
9.4 MAGNUM ICE CREAM CO P 2025-01-24  
869 KAO CORP ADR P 2024-04-05 2025-12-01
340 THALES SA UNSPON ADR P    
44 HEICO CORP P    
71 LINEAGE INC P    
183 INVITATION HOMES INC P    
40,000 ALLSPRING MONEY MARKET FUND P    
185 ALEXANDRIA REAL ESTATE REIT P    
142 TC ENERGY CORP P 2020-06-23 2025-01-16
176 DIAGEO PLC P    
50 NXP SEMICONDUCTORS NV P   2025-08-20
31 PALO ALTO NETWORKS P   2025-07-23
9 FACTSET RESEARCH SYSTEMS INC P 2024-02-09 2025-01-13
699 FOX FACTORY HOLDING CORP P    
132 SPS COMMERCE INC P    
2,948 MIZUHO FINANCIAL GRP ADR P 2024-09-20  
0.25 SAMPO OYJ-A SHS UNSP ADR P 2025-02-26 2025-02-26
100 LONDON STOCK ADR P   2025-02-07
177 TOKYO ELECTRON LTD P    
16 LPL FINANCIAL HOLDINGS INC P 2021-03-02 2025-06-05
366 OMEGA HEALTHCARE REIT INVESTORS P    
43 IRON MOUNTAIN INC P 2025-02-13  
1306 ISHARES CORE S&P ETF P   2025-05-16
101 AMERICAN ELECTRIC POWER INC P    
164 UNITED PARCEL SERVICE P   2025-09-09
74 ILLINOIS TOOL WORKS INC P    
52 DEXCOM INC P   2025-11-10
13 SERVICENOW INC P 2020-11-17  
56 KINSALE CAPITAL GRP INC P    
303 GOOSEHEAD INSURANCE INC P    
407 SERVISFIRST BANCSHARES P    
289 NIPPON SNSO HLDGS ADR P 2024-04-25 2025-03-28
14 ABB LTD P 2021-06-22 2025-10-14
372 NIPPON SNSO HLDGS ADR P    
230 UNILEVER PLC SPONS ADR P    
23 LENNOX INTERNATIONAL P   2025-03-13
21 PULTE GROUP INC P   2025-10-20
92 OMEGA HEALTHCARE REIT INVESTORS I P    
15,187 TCW FDS INC EMERGIN MKTS P   2025-11-07
23 AMGEN INC P   2025-11-25
675 VERIZON COMMUNICATIONS COM P    
60 JPMORGAN CHASE & CO P 2020-10-23  
3 GARTNER INC P 2025-07-15 2025-08-12
106 SHOPIFY INC P 2024-04-11  
574 ONESTREAM INC P    
1,897 HOLLEY INC P    
230 SMITH DOUGLAS HOMES CORP P    
379 NITORI HLDGS CO LTD P 2024-03-22 2025-03-18
55 AIR LIQUID ADR P 2021-09-28 2025-03-28
77 NOMURA RESH INSTL ADR P   2025-11-19
116 VAT GRP AG UNSPON ADR P   2025-08-15
11 MONOLITHIC POWER SYSTEMS INC P 2022-12-13 2025-11-07
28 REALTY INCOME CORP REIT P 2024-02-13 2025-01-30
87 PACS GRP INC P   2025-11-25
9,235 VANGUARD INTL EQITY EFT INDES P   2025-11-18
85 BANK OF MONTREAL QUEBEC P 2024-10-01  
355 WILLIAMS COMPANIES INC P    
123 JOHNSON & JOHNSON P    
45 SHOPIFY INC P 2024-04-11 2025-01-13
300 TRADE DESK INC P    
234 REVOLBE GRP INC P    
191 MORNINGSTAR INC P    
270 TRIUMPH FINANCIAL INC P    
2,351 PUMA SE UNSPON ADR P    
15 BUREAU VERITAS SA P   2025-10-14
175 NOVO NORDISK AS ADR P   2025-11-07
15 AON PLC P   2025-04-11
26 NORDSON CORP P 2016-03-02 2025-06-27
51 KIMCO REALTY CORP P 2024-02-13 2025-01-30
75 PROLOGIS INC P    
565,000 HSBC 7YR MLCD LNKD TO INTL E P 2017-12-28 2025-01-03
540 BRISTOL MYERS SQUIBB P    
57 XCEL ENERGY INC P 2023-09-11 2025-11-05
1,536 KENVUE INC P    
66 ADOBE SYSTEMS INC P    
70 UNITEDHEALTH GROUP P   2025-05-13
86 SPS COMMERCE INC P    
36 NVE CORP COM P    
227 US PHYSICAL THERAPY INC P    
279 RENESAS ELECTRONICS CORP P 2025-02-07 2025-04-04
364 CAPAGNIE FINANCIERE RICHEMONT P    
273 RELX PLC P    
44 ICON PLC P 2024-02-09  
58 ROSS STORES INC P   2025-04-28
73 AMERICAN HOMES 4 RENT P    
56 PUBLIC STORAGE INC P    
395,000 GS 7YR MLCD LNKD TO DIVERS E P   2025-01-03
252 CDN IMPERIAL BK COMMRC P    
492 LYONDELBASELL INDUSTRIES P    
37 MCKESSON CORPORATION P    
125 ALPHABET INC P    
7 VISA INC P 2016-11-16 2025-03-25
141 TORO COMPANY P 2025-11-06  
318 NATIONAL RESEARCH CORP P    
606 ASICS CORP P    
19 SAP SE-SPONSORED ADR P 2025-04-11 2025-08-12
230 CAPGEMINI SE UNSPON ADR P   2025-07-08
1,043 RENESAS ELECTRONICS CORP P 2024-02-09  
12 ASM INTERNATIONAL NV P 2024-02-09 2025-07-17
40 ALLEGION PLC P   2025-06-05
163 AMERICAN TOWER CORP REIT P    
56 REALTY INCOME CORP P 2024-02-13  
118 ALEXANDRIA REAL ESTATE REIT P   2025-10-08
173 COCA-COLA COMPANY P 2023-03-06  
73 ABBOTT LABORATORIES P 2024-06-20 2025-03-12
148 MORGAN STANLEY & CO P    
109 AMAZON COM INC P    
21 WASTE CONNECTIONS INC P 2020-02-14 2025-01-13
113 TRIUMPH FINANCIAL INC P   2025-05-16
1,106 NCINO INC P    
316 COMPAGINE FINANCIERE RICHMONT P    
126 SUNCOR ENERGY INC P 2024-02-09 2025-02-04
947 CONTINENTAL AG P 2024-02-09 2025-02-20
340 RYANAIR HLDGS PLC P    
2 ASML HOLDING NV P 2023-10-23 2025-10-14
279 AMERICOLD REALTY TRUST INC P    
32 SBA COMMUNICATOINS CORP P    
469 BRISTOL MYERS SQUIBB CO P    
368 ENTERGY CORP NEW P    
84 DIAGEO PLC P    
347 NESTLE S A REG ADR P    
122 AMERICAN TOWER CORP REIT P    
179 ZOETIS INC P    
18 US PHYSICAL THERAPY INC P 2025-06-18 2025-11-19
106 NOVANTA INC P    
128 CRODA INTL ADR P 2025-02-25 2025-12-01
149 SYMRISE AG-UNSPON ADR P 2024-06-12 2025-06-06
384 CRODA INTL ADR P    
275 SAMPO OYJ - A SHS UNSP ADR P   2025-11-17
87 MAGNUM INC CREAM CO P    
148 BOYD GAMING CORP P    
225 SIMON PRPERTY GROUP REIT INC P 2024-02-13  
206 GSK PLC ADR P 2025-04-10 2025-11-25
466 GILEAD SCIENCES INC P    
1,378 PG&E CORPORATION P    
86 PEPSICO INCORPORATED P   2025-07-16
38 BOSTON SCIENTFIC CORP P    
4 ASML HOLDING NV P   2025-10-10
438 AAON INC P    
248 OLLIE'S BARGAIN OUTLET HOLDINGS P    
65 DSV A/S UNSP ADR P 2024-12-02 2025-04-11
.444 UNILEAVER PLC P 2025-12-09 2025-12-09
103 DBS GROUP HOLDINGS SPON ADR P   2025-06-23
66 SAP SE-SPONSORED ADR P 2024-02-09  
46 AMETEK INC P 2016-03-02 2025-06-05
(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 7,619   8,810 -1,191
b 3,277   1,745 1,532
c 10,321   11,891 -1,570
d 17,577   12,161 5,416
e 14,623   11,530 3,093
39,084   41,949 -2,865
32,109   54,387 -22,278
14,947   6,068 8,879
1,597   1,052 545
55,051   48,082 6,969
4,978   15,972 -10,994
2,821   2,502 319
2,776   3,292 -516
8,176   7,718 458
2,121   2,614 -493
8,423   6,271 2,152
1,606   1,307 299
5,742   4,967 775
2,456   3,323 -867
24,013   21,293 2,720
25,593   21,203 4,390
5,720   5,637 83
6,564   2,264 4,300
17,296   28,330 -11,034
13,518   13,684 -166
18,133   25,255 -7,122
15,144   18,260 -3,116
6,589   6,548 41
11,569   11,772 -203
1,642   2,098 -456
11,088   10,235 853
20,267   9,516 10,751
8,203   8,051 152
2,539   2,336 203
27,449   26,160 1,289
7     7
19,629   24,905 -5,276
18,573   12,367 6,206
16,473   7,989 8,484
5,307   4,693 614
26,580   27,160 -580
21,730   15,240 6,490
8,046   6,107 1,939
3,539   2,694 845
7,274   13,239 -5,965
6,791   4,221 2,570
11,585   9,373 2,212
7,312   4,226 3,086
4     4
2,182   2,906 -724
8,995   3,891 5,104
1,403   1,403  
10,154   6,300 3,854
9,085   4,302 4,783
21,874   22,328 -454
14,601   21,665 -7,064
4,254   18,285 -14,031
9,328   49,052 -39,724
19,919   19,973 -54
8,781   11,894 -3,113
1,309   2,570 -1,261
4,999   7,252 -2,253
4,405   4,382 23
15,552   11,697 3,855
5,256   4,190 1,066
1,390   1,828 -438
6,724   8,502 -1,778
38,823   28,371 10,452
35,831   17,032 18,799
15,997   9,996 6,001
9,049   6,972 2,077
22,005   1,410 20,595
11,295   11,012 283
17,585   20,119 -2,534
35,496   35,660 -164
1,283   983 300
7,435   9,248 -1,813
5,417   2,781 2,636
7,620   8,814 -1,194
10,842   17,370 -6,528
6,201   6,845 -644
1,644   1,279 365
7,639   7,276 363
12,806   8,771 4,035
12,274   9,606 2,668
12,630   6,686 5,944
18,091   10,131 7,960
1,366   958 408
8,901   9,056 -155
16,924   17,522 -598
27,639   19,636 8,003
2,898   1,662 1,236
149   136 13
6,935   7,065 -130
18,976   9,818 9,158
10,740   3,238 7,502
2,923   5,796 -2,873
5,292   6,801 -1,509
40,000   40,000  
14,675   22,340 -7,665
6,551   5,767 784
18,518   30,040 -11,522
11,249   8,762 2,487
6,153   3,326 2,827
4,091   4,268 -177
18,219   65,350 -47,131
16,296   19,900 -3,604
15,082   12,305 2,777
4     4
3,667   2,611 1,056
14,083   18,230 -4,147
6,028   2,153 3,875
13,473   12,808 665
3,973   2,825 1,148
140,473   141,672 -1,199
12,187   9,677 2,510
13,868   30,141 -16,273
18,591   14,385 4,206
2,865   4,057 -1,192
14,068   6,630 7,438
22,901   24,875 -1,974
25,555   20,958 4,597
29,448   32,382 -2,934
4,315   4,072 243
1,024   457 567
6,994   5,566 1,428
14,357   12,029 2,328
12,870   4,429 8,441
2,616   2,632 -16
4,107   3,551 556
105,554   94,096 11,458
7,843   5,382 2,461
26,605   35,258 -8,653
16,947   6,225 10,722
684   1,081 -397
16,277   7,630 8,647
15,086   15,650 -564
4,285   10,524 -6,239
3,857   5,940 -2,083
3,714   5,943 -2,229
2,093   1,502 591
3,000   2,101 899
3,927   5,915 -1,988
10,445   4,541 5,904
1,524   1,411 113
2,763   3,307 -544
500,029   371,247 128,782
10,615   7,755 2,860
22,209   12,252 9,957
20,095   18,970 1,125
4,521   3,239 1,282
12,781   21,210 -8,429
5,177   4,773 404
46,124   48,232 -2,108
14,056   20,001 -5,945
5,303   11,588 -6,285
936   935 1
7,981   19,882 -11,901
5,613   3,543 2,070
5,596   1,888 3,708
1,159   988 171
8,626   9,898 -1,272
565,000   565,000  
26,678   27,760 -1,082
4,625   3,272 1,353
25,242   35,405 -10,163
24,042   29,358 -5,316
21,843   34,073 -12,230
9,471   11,597 -2,126
2,252   2,697 -445
16,379   21,700 -5,321
1,445   2,249 -804
5,927   5,067 860
13,952   8,852 5,100
7,428   12,280 -4,852
8,073   3,897 4,176
2,344   2,551 -207
15,896   15,998 -102
395,000   454,636 -59,636
18,111   11,657 6,454
26,986   44,163 -17,177
26,682   5,559 21,123
23,121   7,781 15,340
2,400   557 1,843
9,860   10,418 -558
4,932   12,416 -7,484
13,688   4,886 8,802
5,126   4,862 264
7,681   10,390 -2,709
5,837   9,477 -3,640
7,247   7,491 -244
5,527   4,556 971
33,781   32,059 1,722
3,257   2,791 466
8,924   12,929 -4,005
12,420   10,383 2,037
9,473   7,715 1,758
18,899   11,970 6,929
24,251   4,666 19,585
3,697   2,178 1,519
6,893   8,572 -1,679
27,324   36,366 -9,042
4,806   4,744 62
4,825   4,048 777
6,790   7,680 -890
16,691   19,048 -2,357
1,981   1,171 810
4,147   7,505 -3,358
6,315   8,122 -1,807
22,886   21,853 1,033
30,351   19,395 10,956
9,141   10,322 -1,181
32,194   37,764 -5,570
23,064   27,612 -4,548
22,057   25,956 -3,899
1,224   1,336 -112
11,552   16,166 -4,614
2,327   2,619 -292
4,397   4,560 -163
6,977   10,300 -3,323
6,320   4,996 1,324
1,377   1,140 237
11,964   9,260 2,704
38,549   30,540 8,009
9,802   6,938 2,864
50,247   33,844 16,403
20,907   23,133 -2,226
11,547   13,094 -1,547
3,755   1,576 2,179
3,778   1,308 2,470
47,950   28,892 19,058
30,350   18,838 11,512
5,516   6,939 -1,423
29     29
13,988   8,907 5,081
18,050   11,983 6,067
8,126   2,197 5,929
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       -1,191
b       1,532
c       -1,570
d       5,416
e       3,093
      -2,865
      -22,278
      8,879
      545
      6,969
      -10,994
      319
      -516
      458
      -493
      2,152
      299
      775
      -867
      2,720
      4,390
      83
      4,300
      -11,034
      -166
      -7,122
      -3,116
      41
      -203
      -456
      853
      10,751
      152
      203
      1,289
      7
      -5,276
      6,206
      8,484
      614
      -580
      6,490
      1,939
      845
      -5,965
      2,570
      2,212
      3,086
      4
      -724
      5,104
       
      3,854
      4,783
      -454
      -7,064
      -14,031
      -39,724
      -54
      -3,113
      -1,261
      -2,253
      23
      3,855
      1,066
      -438
      -1,778
      10,452
      18,799
      6,001
      2,077
      20,595
      283
      -2,534
      -164
      300
      -1,813
      2,636
      -1,194
      -6,528
      -644
      365
      363
      4,035
      2,668
      5,944
      7,960
      408
      -155
      -598
      8,003
      1,236
      13
      -130
      9,158
      7,502
      -2,873
      -1,509
       
      -7,665
      784
      -11,522
      2,487
      2,827
      -177
      -47,131
      -3,604
      2,777
      4
      1,056
      -4,147
      3,875
      665
      1,148
      -1,199
      2,510
      -16,273
      4,206
      -1,192
      7,438
      -1,974
      4,597
      -2,934
      243
      567
      1,428
      2,328
      8,441
      -16
      556
      11,458
      2,461
      -8,653
      10,722
      -397
      8,647
      -564
      -6,239
      -2,083
      -2,229
      591
      899
      -1,988
      5,904
      113
      -544
      128,782
      2,860
      9,957
      1,125
      1,282
      -8,429
      404
      -2,108
      -5,945
      -6,285
      1
      -11,901
      2,070
      3,708
      171
      -1,272
       
      -1,082
      1,353
      -10,163
      -5,316
      -12,230
      -2,126
      -445
      -5,321
      -804
      860
      5,100
      -4,852
      4,176
      -207
      -102
      -59,636
      6,454
      -17,177
      21,123
      15,340
      1,843
      -558
      -7,484
      8,802
      264
      -2,709
      -3,640
      -244
      971
      1,722
      466
      -4,005
      2,037
      1,758
      6,929
      19,585
      1,519
      -1,679
      -9,042
      62
      777
      -890
      -2,357
      810
      -3,358
      -1,807
      1,033
      10,956
      -1,181
      -5,570
      -4,548
      -3,899
      -112
      -4,614
      -292
      -163
      -3,323
      1,324
      237
      2,704
      8,009
      2,864
      16,403
      -2,226
      -1,547
      2,179
      2,470
      19,058
      11,512
      -1,423
      29
      5,081
      6,067
      5,929
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 2 264,057
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 -27,839
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 7,811
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 7,811
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 7,811
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 24,000
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 24,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed....... 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10 16,189
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax16,189 Refunded 11  
For Refunded amount, also complete and attach Form 8050. See instructions.
Form 990-PF (2025)
Form 990-PF (2025)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. $   (2) On foundation managers.$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
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
 
No
Website addressN/A
14
The books are in care ofKATHERINE ROEHL Telephone no. (952) 448-5111

Located at1085 COUNTY ROAD 83MAPLE PLAINMN ZIP+4553599367
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
 
 
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
KATHERINE ROEHL TRUSTEE
1.00 		0 0 0
1085 COUNTY ROAD 83
MAPLE PLAIN,MN553599367
GERALD ROEHL TRUSTEE
1.00 		0 0 0
1085 COUNTY ROAD 83
MAPLE PLAIN,MN553599367
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................  
Form 990-PF (2025)
Form 990-PF (2025)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
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)
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
14,369,098
b
Average of monthly cash balances.......................
1b
329,607
c
Fair market value of all other assets (see instructions)................
1c
2,802,791
d
Total (add lines 1a, 1b, and 1c).......................
1d
17,501,496
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
 
3
Subtract line 2 from line 1d.........................
3
17,501,496
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
262,522
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
17,238,974
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
861,949
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
861,949
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
7,811
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
7,811
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
854,138
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
854,138
6
Deduction from distributable amount (see instructions) .................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
854,138
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
756,025
b
Program-related investments—total from Part VIII-B..................
1b
 
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
756,025
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 7 854,138
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 755,938
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: $ 756,025
a Applied to 2024, but not more than line 2a 755,938
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..... 87
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 .......... 		854,051
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)
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).)
KATHERINE GERALD ROEHL
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, 2b, 2c, and 2d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2025)
Form 990-PF (2025)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

AGAINST MALARIA FOUNDATION

310 W 20TH STREET
SUITE 300
KANSAS CITY,MO64108 		    HEALTH AWARENESS 10,000

AMERICAN RED CROSS

431 18TH STREET NW
WASHINGTON,DC20006 		    HEALTH 20,000

AMERICAN REFUGEE COMMITTEE

615 FIRST AVENUE NE
SUITE 500
MINNEAPOLIS,MN55413 		    HEALTH 10,000

AMPERSAND FAMILIES

2515 WABASH AVENUE
SUITE 150
ST PAUL,MN55114 		    ADOPTION ASSISTANCE 13,000

AVIVO

1900 CHICAGO AVE
MINNEAPOLIS,MN55404 		    HEALTH 10,000

CATHOLIC CHARITIES

1200 2ND AVENUE SOUTH
MINNEAPOLIS,MN55403 		    POVERTY/HOUSING 60,000

CHANGE COURSE

19102 6TH AVE
W DES MOINES,IA50314 		    CAREER TRAINING 10,000

COMMUNITY SOLUTIONS

PO BOX 3524
NEW YORK,NY10008 		    HOMELESSNESS 10,000

CRESCENT LOVE

3440 BELT LINE BLVD
ST LOUIS PARK,MN55416 		    HEALTH 20,000

CRISTO REY HIGH SCHOOL

2924 4TH AVENUE SOUTH
SUITE 10
MINNEAPOLIS,MN55408 		    EDUCATION 100,000

DAYS FOR GIRLS

1610 GROVER STREET
SUITE B22
LYNDEN,WA98264 		    FEMININE HYGEINE 10,000

DES MOINES CHRISTIAN SCHOOL

13007 DOUGLAS PARKWAY
URBANDALE,IA50323 		    EDUCATION 15,000

ELEVATE LIFE

2600 EAGAN WOODS DRIVE
SUITE 110
EAGAN,MN55121 		    PRO LIFE SERVICES / HEALTH 15,000

ELWA MINISTRIES ASSOCIATION

PO BOX 1
WARRENVILLE,IL60555 		    HEALTHCARE 30,000

FEED MY STARVING CHILDREN

401 93RD AVENUE NW
COON RAPIDS,MN55433 		    FIGHTING POVERTY 10,000

FREEDOM FOR YOUTH MINISTRIES

2301 HICKMAN ROAD
DES MOINES,IA50310 		    OUTREACH EDUCATION 12,500

GLOBAL IE

PO BOX 631006
HIGHLANDS RANCH,CO80163 		    EDUCATION 5,000

HOPE ACADEMY

2300 CHICAGO AVE
MINNEAPOLIS,MN55404 		    EDUCATION 19,000

ICCDF - CHAT LA ROMANA SCHOOL

4048 CRESTWOOD DRIVE
WAUSAU,WI54503 		    EDUCATION 35,000

JOPPA OUTREACH INC

2326 EUCLID AVE
DES MOINES,IA50310 		    HELPING HOMELESSNESS 12,500

JOSEPHINE SCULPTURE PARK

3355 LAWRENCEBURG ROAD
FRANKFORT,KY40601 		    COMMUNITY ART EDUCATION 12,000

MINNEAPOLIS HEART INSITITUE

920 EAST LAKE STREET
SUITE 100
MINNEAPOLIS,MN55407 		    RESEARCH 100,000

MY VERY OWN BED

34 13TH AVE NE
B002A
MINNEAPOLIS,MN55413 		    POVERTY OUTREACH 10,000

NEW HORIZON FOUNDATION

5550 TECH CENTER DRIVE
SUITE 303
COLORADO SPRINGS,CO80919 		    OUTREACH 10,000

NEW LIFE FAMILY SERVICES

1515 66TH STREET
RICHFIELD,MN55423 		    ADOPTION ASSISTANCE 22,000

OLL - GRACE FAMILY CENTER

2385 COMMERCE BOULEVARD
MOUND,MN55364 		    FOOD SHELF & CLOTHING 10,000

PLYMOUTH COVENANT CHURCH

4300 VICKSBURG LANE N
PLYMOUTH,MN55446 		    EDUCATION 4,000

RAPE ABUSE & INCEST NATIONAL NETWO

1220 L STREET NW
SUITE 505
WASHINGTON,DC20005 		    AWARENESS OF ABUSE 15,000

RIDGEVIEW FOUNDATION - SCHOLARSHIP

490 SOUTH MAPLE
WACONIA,MN55387 		    EDUCATION 16,000

SISTERS OF ST BENEDICT

104 CHAPEL LANE
ST JOSEPH,MN56374 		    EDUCATION 10,000

SOURCE MINISTRIES

PO BOX 7900
CHARLOTTE,NC28241 		    FIGHTING POVERTY & HEALTH 10,000

STAGES THEATER CO

1111 MAIN STREET
HOPKINS,MN55343 		    EDUCATION/CHILDREN'S THEATER 10,000

SW OPTIONS FOR WOMEN

8345 CRYSTAL VIEW RD
SUITE 204
EDEN PRAIRIE,MN55344 		    HEALTH & EDUCATION 60,000

THE SALVATION ARMY

2445 PRIOR AVE N
ROSEVILLE,MN55113 		    CLOTHING & HOMELESSNESS 5,000

WILDWOOD HILLS RANCH

2552 UNION LANE
ST CHARLES,IA50240 		    HEALTH & OUTREACH TO AT-RISK CHILDRE 25,000

WOUNDED WARRIOR PROJECT

PO BOX 758517
TOPEKA,KS66675 		    VETERAN ASSISTANCE 10,000
Total ................................. 3a 756,000
bApproved for future payment
Total ................................. 3b  
Form 990-PF (2025)
Form 990-PF (2025)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 89,073  
4 Dividends and interest from securities ....     14 356,766  
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 ............ 		    18 264,057  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aRETURN OF CAPITAL 		    14 9,299  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   719,195  
13Total. Add line 12, columns (b), (d), and (e)..................
13
719,195
(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
ROEHL FAMILY FOUNDATION
 
Employer identification number

47-6490311
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
ROEHL FAMILY FOUNDATION
  		Employer identification number
47-6490311
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
KATHERINE ROEHL
1085 COUNTY ROAD 83
 
MAPLE PLAIN, MN553599367

$ 496,945


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
GERALD M ROEHL
1085 COUNTY ROAD 83
 
MAPLE PALIN, MN553599367

$ 506,553


(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
ROEHL FAMILY FOUNDATION
  		Employer identification number

47-6490311
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
1
 JPM 3.5 YEAR MLCD $ 290,800 2025-12-09
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 34 SH MCKESSON CORP $ 27,233 2025-12-09
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 733 SH STATE STREET SELECT SECTO $ 107,472 2025-12-11
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 74 SH AMERICAN EXPRESS $ 27,051 2025-12-09
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 155 SH JP MORGAN CHASE $ 47,959 2025-12-09
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 222 SH ISHARES S&P MIDCAP 400 $ 21,560 2025-12-17
Schedule B (Form 990) (Rev. 1-2025)
Name of organization
ROEHL FAMILY FOUNDATION
  		Employer identification number

47-6490311
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
1
 74 SH CHUBB $ 22,218 2025-12-09
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 142 SH MORGAN STANLEY $ 25,378 2025-12-09
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 1,110 SH NVIDIA CORP $ 204,817 2025-12-09
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 49 SH EATON CORPORATION $ 16,910 2025-12-09
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 7 SH ISHARES S&PMIDCAP 400 GROWT $ 695 2025-12-11
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 19 SH KLA CORPORATION $ 23,230 2025-12-09
Schedule B (Form 990) (Rev. 1-2025)
Name of organization
ROEHL FAMILY FOUNDATION
  		Employer identification number

47-6490311
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
 1,399 SH VANGUARD FTSE DEVELOPED $ 87,773 2025-12-11
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 121 SH KKR $ 16,166 2025-12-09
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 438 SH VANGUARD VALUE ETF $ 84,236 2025-12-11
(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
ROEHL FAMILY FOUNDATION
  		Employer identification number

47-6490311
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:
ROEHL FAMILY FOUNDATION
EIN:
47-6490311
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 3,950 3,950    

TY 2025 InvestmentsCorpBondsSchedule
Name:
ROEHL FAMILY FOUNDATION
EIN:
47-6490311
Name of Bond End of Year Book Value End of Year Fair Market Value
HSBC    
GS 512,400 512,400
JPM 3.5 YR MLCD 291,042 291,042
BMO 4 YR MLCD 481,150 481,150

TY 2025 InvestmentsCorpStockSchedule
Name:
ROEHL FAMILY FOUNDATION
EIN:
47-6490311
Name of Stock End of Year Book Value End of Year Fair Market Value
3I GROUP PLC - UNSPON ADR 19,036 19,036
AAON INC 7,701 7,701
ABB LTD - SPONS ADR 33,213 33,213
ABBOTT LABORATORIES 48,237 48,237
ABBVIE INC 34,273 34,273
ABBVIE INC 51,867 51,867
ACCENTURE PLC IRELAND 50,172 50,172
ADIDAS AG-SPON 17,200 17,200
ADOBE SYSTEMS INC    
ADVANCED DRAINAGE SYSTEMS 23,752 23,752
AGREE REALTY CORP 17,575 17,575
AIA GROUP LTD 19,038 19,038
AIR LIQUIDE ADR 25,203 25,203
ALEXANDRIA REAL ESTATE REIT    
ALIGN TECH INC 17,645 17,645
ALIGN TECH INC 32,479 32,479
ALLEGION PLC 16,081 16,081
ALLIANCE LAUNDRY HOLDINGS INC 8,689 8,689
ALLIANZE SE 14,490 14,490
ALPHABET INC 154,390 154,390
ALTRIA GROUP INC 19,547 19,547
AMAZON COM INC 105,485 105,485
AMCOR PLC 40,916 40,916
AMERICAN ELECTRIC POWER INC 27,444 27,444
AMERICAN EXPRESS 46,244 46,244
AMERICAN EXPRESS COMPANY 27,376 27,376
AMERICAN HOMES 4 RENT 10,786 10,786
AMERICAN TOWER CORP    
AMERICAN TOWER CORP 49,335 49,335
AMERICOLD REALTY TRUST 2,289 2,289
AMETEK INC 41,267 41,267
AMGEN INC 53,024 53,024
ANALOG DEVICES INC ADI 47,460 47,460
ANGLO AMERICAN PLC 13,428 13,428
AON PLC 24,349 24,349
AON PLC 39,523 39,523
APPFOLIO INC 10,702 10,702
ARISTA NETWORKS INC 32,233 32,233
ASICS CORP    
ASM INTERNATIONAL N.V.    
ASML HOLDING NV 55,633 55,633
ASML HOLDINGS NV 49,214 49,214
ASPEN TECHNOLOGY INC    
ASPEN TECHNOLOGY INC    
ASSURED GUARANTY LTD 52,304 52,304
ASTRAZENECA PLC SPON ADR 20,317 20,317
AT&T INC    
AUTO TRADER GRP PLC    
AVALONBAY COMMUNITIES REIT INC    
BANCO SANTANDER 30,005 30,005
BANK HAPOLIM LTD 21,122 21,122
BANK MONTREAL QUEBEC BMO 31,928 31,928
BANKINTER SA-SPONS ADR 20,294 20,294
BENTLEY SYSTEMS 11,526 11,526
BERKLEY WR CORPORATION    
BLACKROCK INC 39,603 39,603
BOEING CO 70,347 70,347
BOSTON SCIENTIFIC CORP 45,863 45,863
BOYD GAMING CORP 3,154 3,154
BRISTOL MYERS SQUIBB CO    
BRITISH AMERICAN TOBACCO PLC 62,225 62,225
BROADCOM INC 113,867 113,867
BROADRIDGE FINANICAL SOLUTIONS 19,639 19,639
BROWN AND BROWN INC 13,549 13,549
BUREAU VERITAS SA 17,581 17,581
BURLINGTON STORES INC 90,410 90,410
BXP INC 15,925 15,925
CADENCE DESIGN SYSTEMS INC 40,635 40,635
CAESARS ENTMT INC 8,537 8,537
CAPGEMINI SE UNSPON ADR 10,589 10,589
CARETRUST REIT 10,740 10,740
CATERPILLAR INC 42,965 42,965
CDN IMPERIAL BK COMMERCE    
CHEVRON CORPORATION 54,410 54,410
CHUBB LTD 14,045 14,045
CHUBB LTD 23,097 23,097
CHUBB LTD 46,506 46,506
CIGNA CORP NEW 89,175 89,175
CITIGROUP INC NEW 49,360 49,360
CME GROUP 39,324 39,324
COCA-COLA COMPANY 19,085 19,085
COMPAGNIE DE 18,580 18,580
COMPASS GRP PLC ADR 27,703 27,703
CONOCO PHILLIPS 56,821 56,821
CONTINENTAL AG    
COOPER COS INC 25,899 25,899
COSTCO WHOLESALE CORP 51,740 51,740
CRH PLC 9,734 9,734
CRH PLC 40,310 40,310
CRODA INTL ADR    
CROWDSTRIKE HLDGS INC 50,157 50,157
CROWN CASTLE INTERNATIONAL CORP 63,009 63,009
DBS GROUP HOLDINGS SPONSORED    
DEXCOM INC    
DIAGEO PLC SPONSORED ADR 19,842 19,842
DIEGO PLC    
DIGITAL REALTY TRUST INC 78,438 78,438
DIPLOMA PLC UNSPONSORED ADR 22,360 22,360
DISCO CORP ADR 7,097 7,097
DOMINION ENERGY INC 57,360 57,360
DOMINO'S PIZZA INC 22,925 22,925
DREAM FINDERS HOMES INC 6,464 6,464
DSV A/S UNSP ADR 19,330 19,330
DUKE ENERGY CORP 40,203 40,203
DUKE ENERGY CORP 55,206 55,206
EATON CORP PLC 15,607 15,607
EATON CORP PLC 31,532 31,532
EATON CORP PLC 33,125 33,125
ELEVANCE HEALTH INC 30,498 30,498
EMCOR GROUP INC 21,413 21,413
ENBRIDGE INC 64,905 64,905
ENDAVA PLC ADR    
ENERGY SELECT SECTOR SPDR FUND ETF    
ENERPAC TOOL GRP CORP 10,401 10,401
ENGIE SPONSORED 17,575 17,575
ENTERGY CORP    
EPIROC AKTIEBOLAG ADR    
EQUIFAX INC 23,434 23,434
EQUIFAX INC 35,151 35,151
EQUINIX INC 32,945 32,945
EQUITY LIFESTYLE PROP REIT 6,728 6,728
EQUITY RESIDENTIAL EQR 10,528 10,528
ESSEX PROPERTY TRUST INC 27,215 27,215
EXPERIAN PLC 19,152 19,152
EXPONENT INC 15,003 15,003
EXTRA SPACE STORAGE INC 40,238 40,238
EXXON MOBIL CORP 56,319 56,319
EXXON MOBIL CORP 70,158 70,158
FACTSET RESEARCH SYSTEMS INC    
FACTSET RESEARCH SYSTEMS INC    
FANUC CORP 17,075 17,075
FIRST BANKCORP PR 106,780 106,780
FIRST ENERGY CORP 45,621 45,621
FIRST TRUST NAZDAQ CYBERSEC ETF 142,043 142,043
FOX FACTORY HOLDINGS INC    
FTI CONSULTING INC 5,637 5,637
GAMING AND LEISURE PROP INC 6,704 6,704
GARTNER INC    
GE AEROSPACE NEW 51,749 51,749
GENERAL DYNAMICS CORP 58,242 58,242
GILDAN ACTIVEWEAR INC 18,051 18,051
GILEAD SCIENCES INC 21,725 21,725
GOOSEHEAD INSURANCE INC 10,385 10,385
GSK PLC 39,575 39,575
HALMA PLC 19,390 19,390
HAMILTON LANE INC 27,131 27,131
HEALTHCARE REALTY TRUST INC 16,662 16,662
HEICO CORP 29,787 29,787
HEXAGON AB ADR 17,669 17,669
HIGHWOODS PROPERTIES INC 9,992 9,992
HOLLEY INC    
HOST HOTELS & RESORTS 23,333 23,333
HOULIHAN LOKEY INC 38,496 38,496
HOYA CORP ADR 20,928 20,928
HUDSON PAC PPTYS INC 3,520 3,520
HUNTINGTON BANCSHARES INC 22,624 22,624
ICON PLC    
IDEX LABS INC 15,560 15,560
ILLINOIS TOOL WORKS INC 30,787 30,787
IMCD GROUP NV 4,661 4,661
IMI PLC 11,192 11,192
INDISTRIA DE DISENO ADR 18,810 18,810
ING GROEP NV 23,016 23,016
INSTALLED BUILDING PRODS INC 5,706 5,706
INTEGER HOLDINGS CORP 630,577 630,577
INTERCONTINENTAL HOTELS GROUP PLC 18,026 18,026
INTUITIVE SURGICAL INC 52,105 52,105
INVESCO S&P 500 EQUAL WEIGHT ETF 64,173 64,173
INVITATION HOMES INC 24,038 24,038
IRON MOUNTAIN INC 29,198 29,198
ISHARES CORE S&P 500 ETF 612,336 612,336
ISHARES CORE S&P MIDCAP ETF 323,268 323,268
ISHARES CORE S&P SMALL-CAP ETF    
ISHARES GLOBAL CLEAN ENERGY 93,454 93,454
ISHARES MSCI USA QUALITY 207,558 207,558
ISHARES S&P 500 GROWTH ETF 512,515 512,515
ISHARES S&P MIDCAP ETF 400 GROWTH 22,186 22,186
JACK HENRY & ASSOC 18,613 18,613
JAMES HARDIE INDS PLC    
JOHNSON & JOHNSON 41,183 41,183
JOHNSON & JOHNSON 43,666 43,666
JP MORGAN CHASE & CO 49,944 49,944
JP MORGAN CHASE & CO 100,533 100,533
KAO CORP ADR    
KBC GROEP NV 26,873 26,873
KENVUE INC    
KENVUE INC    
KILROY REALTY CORP 3,550 3,550
KIMBERLY CLARK CORP 30,166 30,166
KIMBERLY-CLARK CORP 29,056 29,056
KIMCO REALTY CORP 18,345 18,345
KINSALE CAPTIAL GROUP INC 9,778 9,778
KITE REALTY GROUP 13,759 13,759
KKR & CO INC 15,425 15,425
KKR & CO INC 49,080 49,080
KLA CORP 23,087 23,087
KLA CORP 49,818 49,818
LAMAR ADVERTISING CO 4,177 4,177
LEGRAND SA 16,930 16,930
LENNOX INTERNATIONAL 16,510 16,510
LINDE PLC 14,497 14,497
LINEAGE INC    
LITHIA MTRS INC 41,541 41,541
LONDON STOCK ADR 16,172 16,172
LOTTOMATICA GROUP 10,853 10,853
LOWES COMPANIES 38,827 38,827
LPL FINANCIAL HOLDINGS 23,216 23,216
LYONDELLASELL INDUSTRIES AF    
MANULIFE FINANICAL CORP CAD 272,027 272,027
MARKS & SPENCER PLC 7,894 7,894
MARRIOTT INTL INC 61,738 61,738
MARSH AND MCLENNAN COMPANIES 46,194 46,194
MARUWA CO LTD 6,711 6,711
MASTERCARD INC 62,797 62,797
MCKESSON CORPORATION 27,890 27,890
MCKESSON CORPORATION 71,365 71,365
MEDTRONIC PLC 9,126 9,126
MEDTRONIC PLC 63,784 63,784
MERCK & CO INC 18,210 18,210
META PLATFORMS INC 85,812 85,812
MICROSOFT INC 207,957 207,957
MITSUBISHI ELECTRIC CORP 16,066 16,066
MITSUI FUDOSAN CO LTD 15,761 15,761
MIZUHO FINANCIAL FRP ADR 14,545 14,545
MONDELEZ INTL INC 28,691 28,691
MONOLITHIC POWER SYSTEMS 29,910 29,910
MORGAN STANLEY & CO 25,209 25,209
MORGAN STANLEY & CO 50,774 50,774
MORNINGSTAR INC 4,129 4,129
MSCI INC 22,375 22,375
MTU AERO ENGINES AG 25,220 25,220
NASDAQ INC 53,033 53,033
NATIONAL GRID PLC 68,764 68,764
NATIONAL RESEARCH CORP 2,177 2,177
NCINO INC 10,897 10,897
NESTLE SA REG    
NINTENDO LTD 13,437 13,437
NIPPON SANSO HLDGS ADR 5,931 5,931
NITORI HLDGS CO LTD 6,012 6,012
NOMURA RESH INSTL ADR 12,411 12,411
NORDEA BANK ABP SPON ADR 20,785 20,785
NORSDON CORP 16,349 16,349
NOVANTA INC    
NOVO NORDISK ADR 10,888 10,888
NVE CORP COM 831 831
NVIDIA CORP 207,015 207,015
NVIDIA CORP 322,458 322,458
NXP SEMICONDUSTORS NV 43,195 43,195
OLD DOMINION FREIGH 21,011 21,011
OLLIE'S BARGAIN OUTLET HOLDING 7,782 7,782
OMEGA FELX INC 1,972 1,972
OMEGA HEALTHCARE REIT INVESTORS INC 9,932 9,932
ONESTREAM INC 9,025 9,025
ORACLE CORPORATION 18,711 18,711
OREILLY AUTOMOTIVE INC 42,413 42,413
OUTFRONT MEDIA INC 5,663 5,663
PACCAR INC 55,631 55,631
PACS GRP INC 5,874 5,874
PALO ALTO NETWORKS 39,971 39,971
PAYCHEX INC 34,776 34,776
PENTAIR PLC 27,181 27,181
PEPSICO INC 26,838 26,838
PEPSICO INCORPORATED 48,653 48,653
PFIZER INC    
PFIZER INC 59,137 59,137
PG&E CORP 11,024 11,024
PHILIP MORRIS INT'L INC 46,035 46,035
PNC FINANCIAL SERVICES GROUP 65,332 65,332
POOL CORP 16,470 16,470
PPL CORPORATION 25,565 25,565
PRICESMART INC 3,189 3,189
PROGRESSIVE CORP 79,474 79,474
PROLOGIS INC 56,936 56,936
PROLOGIS INC 57,447 57,447
PROLOGIS INC 61,660 61,660
PUBLIC STORAGE INC 13,754 13,754
PUMA SE UNSPON ADR    
REALTY INCOME CORP 12,852 12,852
REALTY INCOME CORP 42,841 42,841
RECRUIT HOLDINGS CO 12,679 12,679
RELX PLC 23,727 23,727
RENESAS ELECTRONICS CORP    
RESONA HOLDINGS 17,965 17,965
REVOLVE GROUP 5,464 5,464
RIGHTMOVE PLC 6,292 6,292
ROSS STORES INC 26,120 26,120
RTX CORP 52,636 52,636
RYAN SPECIALTY GROUP 9,345 9,345
RYANAIR HLDGS PLC    
S&P GLOBAL INC 49,646 49,646
SAMPO OYJ-A SHS 17,531 17,531
SANOFI ADR 54,663 54,663
SAP SE SPONSORED ADR    
SBA COMMUNICATIONS CORP 18,569 18,569
SELECT SECTOR ENERGY 109,182 109,182
SELECT SECTOR HEALTH CARE SPDR 103,097 103,097
SELECT SECTOR TECH 105,530 105,530
SERVICENOW INC 82,723 82,723
SERVISFIRST BANCSHARES 11,199 11,199
SHIN-ETSU CHEMICAL ADR 11,005 11,005
SHOPIFY INC 46,037 46,037
SIEMENS A G - ADR 12,596 12,596
SIMON PROEPRTY GROUP 15,734 15,734
SL GREEN REALTY CORP 4,862 4,862
SMITH DOUGLAS HOMES CORP 2,297 2,297
SOUTHERN COMPANY 15,260 15,260
SOUTHERN COMPANY 51,884 51,884
SPOTIFY TECH 31,939 31,939
SPS COMMERCE INC    
SSE PLC 13,016 13,016
SUN COMMUNITIES INC 23,295 23,295
SUNCOR ENERGY INC    
SUZUKI MOTOR CORP ADR 9,106 9,106
SYMRISE AG-UNSPON ADR    
TARGET CORP    
TC ENERGY CORP 42,578 42,578
TECHTRONIC INDS LTD 14,337 14,337
TELEDYNE TECHNOLOGIES INC 33,708 33,708
TEXAS INSTRUMENTS INC 18,737 18,737
THALES SA ADR 9,347 9,347
TOKYO ELECTRON LTD    
TORO COMPANY 6,534 6,534
TOTAL ENERGIES SE 72,420 72,420
TRADE DESK INC    
TRIUMPH FINANCIAL INC 10,021 10,021
TRUIST FINL CORP 55,312 55,312
TYLER TECHNOLOGIES INC 34,954 34,954
UDR INC 14,745 14,745
UNILEVER PLC 27,599 27,599
UNILEVER PLC 27,991 27,991
UNION PACIFIC CORP 37,243 37,243
UNITED PARCEL SERVICE    
UNITEDHEALTH GROUP INC    
UNIVERSAL DISPLAY CORP 14,130 14,130
UNIVERSAL MUSIC GRP 14,578 14,578
US BANKCORP 67,927 67,927
US PHYSICAL THERAPY INC 9,293 9,293
VANGUARD FTSE DEVELOPED MKT 368,510 368,510
VANGUARD INTL EQUITY ETF INDES FDS 1,061,330 1,061,330
VANGUARD VALUE ETF 587,103 587,103
VAT GRP AG UNSPON ADR    
VERISK ANALYSTICS INC 23,264 23,264
VERIZON COMMUNICATIONS COM 38,856 38,856
VICI PPTYS INC    
VISA INC 72,597 72,597
WABTEC 33,939 33,939
WASTE CONNECTIONS INC 32,091 32,091
WEC ENERGY GROUP INC 20,037 20,037
WELLS FARGO & CO 67,384 67,384
WELLTOWER INC 25,614 25,614
WELLTOWER INC 106,726 106,726
WEST PHARMACEUTICAL SERVICES INC 29,165 29,165
WEYERHAEUSER CO 20,729 20,729
WILLIAMS COMPANIES INC    
WISDOMTREE US MIDCAP DIVID ETF 119,571 119,571
XCEL ENERGY INC 49,191 49,191
ZOETIS INC    

TY 2025 InvestmentsOtherSchedule2
Name:
ROEHL FAMILY FOUNDATION
EIN:
47-6490311
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ALLSPRING MONEY MARKET FUND CLASS PR FMV 59,405 59,405
BLACKROCK STRATEGIC INCOME OPP FMV 135,324 135,324
GUGGENHEIM MACRO OPP FUND FMV 138,023 138,023
INVESCO DEVELOPING MKTS FUND FMV 351,975 351,975
METROPOLITAN WEST TOTAL RETURN FMV 628,840 628,840
MFS RESEARCH INTL FUND CLASS FMV 299,780 299,780
PGIM TOTAL RETURN FMV 157,954 157,954
SPDR PORTFOLIO SHORT TERM CORP BOND FMV 160,060 160,060
TCW EMERGING MARKETS INCOME FUND FMV    
TORTOISE MLP & PIPELINE FUND FMV 93,429 93,429

TY 2025 OtherExpensesSchedule
Name:
ROEHL FAMILY FOUNDATION
EIN:
47-6490311
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXPENSES        
STATE FILING FEES 25     25


TY 2025 OtherIncomeSchedule2
Name:
ROEHL FAMILY FOUNDATION
EIN:
47-6490311
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
RETURN OF CAPITAL 9,299    


TY 2025 OtherIncreasesSchedule
Name:
ROEHL FAMILY FOUNDATION
EIN:
47-6490311
Description Amount
BOOK TO FAIR VALUE ADJUSTMENT 778,654


TY 2025 OtherProfessionalFeesSchedule
Name:
ROEHL FAMILY FOUNDATION
EIN:
47-6490311
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 124,101 124,101    


TY 2025 TaxesSchedule
Name:
ROEHL FAMILY FOUNDATION
EIN:
47-6490311
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN INVESTMENT TAXES 19,920 19,920    
EXCISE TAXES 32,768