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
JAMES G HART FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address) 15541 W ILLINOIS ROUTE 173
  Room/suite
City or town
WADSWORTH
State or province
IL
Country  
ZIP or foreign postal code
600839469
A Employer identification number

20-0254015
B Telephone number (see instructions)

8475991717
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)$20,426,964J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check .................
3 Interest on savings and temporary cash investments 125,772 125,772  
4 Dividends and interest from securities... 473,551 473,551  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 486,084
b Gross sales price for all assets on line 6a 2,415,475
7 Capital gain net income (from Part IV, line 2)... 486,084
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
2,692 2,692  
12 Total. Add lines 1 through 11........ 1,088,099 1,088,099  
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
12,559 0   12,559
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
71,268 53,451   17,817
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
36,743 7,547   15
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
838 838   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 121,408 61,836   30,391
25 Contributions, gifts, grants paid....... 857,500 857,500
26 Total expenses and disbursements. Add lines 24 and 25 ................ 978,908 61,836   887,891
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 109,191
b Net investment income (if negative, enter -0-) 1,026,263
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............. 1,179,710 589,893 589,893
2 Savings and temporary cash investments.........      
3 Accounts receivable 729
Less: allowance for doubtful accounts   535 729 729
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)....... 8,549,138 Click to see attachment
List of Attached Documents:
// Content
9,040,905 		14,612,126
c Investments—corporate bonds (attach schedule)....... 2,411,864 Click to see attachment
List of Attached Documents:
// Content
2,501,478 		2,541,774
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,053,774 Click to see attachment
List of Attached Documents:
// Content
2,171,207 		2,682,442
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) 14,195,021 14,304,212 20,426,964
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........ 14,195,021 14,304,212
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 14,195,021 14,304,212
30 Total liabilities and net assets/fund balances (see instructions). 14,195,021 14,304,212
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
14,195,021
2
Enter amount from Part I, line 27a .....................
2
109,191
3
Other increases not included in line 2 (itemize)
3
0
4
Add lines 1, 2, and 3 ..........................
4
14,304,212
5
Decreases not included in line 2 (itemize)
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
14,304,212
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 GOLDMAN SACHS - LONG TERM COVERED P 2019-10-23 2025-01-28
b GOLDMAN SACHS - SHORT TERM COVERED P 2025-10-23 2025-10-23
c GOLDMAN SACHS - LONG TERM COVERED P 2023-09-15 2025-01-30
d JP MORGAN - SHORT TERM COVERED P 2024-09-24 2025-01-30
e DISCOVER FINANCIAL P 2020-05-10 2025-05-30
LIBERTY BROADBANK P 2020-05-10 2025-07-15
GOLDMAN SACHS - LONG TERM COVERED P 2023-09-29 2025-01-02
GOLDMAN SACHS - SHORT TERM COVERED P 2024-09-24 2025-01-03
CAPITAL GAINS DIVIDENDS P    
(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 744,000   743,077 923
b 11,000   10,014 986
c 481,340   244,049 237,291
d 299,920   257,530 42,390
e 156     156
3,121     3,121
587,838   431,832 156,006
235,301   242,889 -7,588
52,799     52,799
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       923
b       986
c       237,291
d       42,390
e       156
      3,121
      156,006
      -7,588
      52,799
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 2 486,084
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 14,265
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 14,265
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 14,265
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 12,500
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 5,500
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 18,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 91
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 3,644
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax3,644 Refunded 11 0
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
 
No
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
IL
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. Click to see attachment
List of Attached Documents:
// Content
...............................
10
Yes
 
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 ofJAMES G HART Telephone no. (847) 599-1717

Located at15541 W ILLINOIS ROUTE 173WADSWORTHIL ZIP+4600839469
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
JAMES G HART PRES & TREAS/DIRECTOR
0.00 		0 0 0
15541 W ILLINOIS ROUTE 173
WADSWORTH,IL60083
CAROL ANN VRETTA DIRECTOR
0.00 		0 0 0
7813 HIGHTOWER DRIVE
NORTH RICHLAND HILLS,TX76182
ROCKNEY W HUDSON SECRETARY/DIRECTOR
0.00 		0 0 0
20 NORTH WACKER DR SUITE 2105
CHICAGO,IL60606
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
NONE
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
20,092,004
b
Average of monthly cash balances.......................
1b
1,021,490
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
21,113,494
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
21,113,494
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
316,702
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
20,796,792
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
1,039,840
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
1,039,840
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
14,265
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
14,265
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,025,575
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,025,575
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
1,025,575
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
887,891
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
887,891
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 1,025,575
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 833,564
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......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2025 from Part
XI, line 4: $ 887,891
a Applied to 2024, but not more than line 2a 833,564
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..... 54,327
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2025. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 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 .......... 		971,248
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).)
JAMES G HART
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

ACTIVE TRANSPORTATION ALLIANCE

35 E WACKER PLACE STE 1782
CHICAGO,IL60601 		NONE   GENERAL FUND 2,000

ALDO LEOPOLD FOUNDATON

E13701 LEVEE ROAD
BARABOO,WI53913 		NONE   GENERAL FUND 2,500

AMERICAN CIVIL LIBERTIES UNION FND

150 N MICHIGAN AVE
CHICAGO,IL60601 		NONE   GENERAL FUND 3,000

AMERICAN FRIENDS SERVICE COMMITTEE

1501 CHERRY STREET
PHILIDELPHIA,PA19102 		NONE   GENERAL FUND 1,500

AMERICAN NEAR EAST REFUGEE AID

1111 14TH ST NW STE 400
WASHINGTON,DC20005 		NONE   GENERAL FUND 12,500

AMERICAN RIVERS

1101 14TH STREET NW
WASHINGTON,DC20005 		NONE   GENERAL FUND 1,500

AMNESTY INTERNATIONAL

5 PENN PLAZA 16TH FLOOR
NEW YORK,NY10001 		NONE   GENERAL FUND 15,000

BENNINGTON COLLEGE

1 COLLEGE DRIVE
BENNINGTON,VT05201 		NONE   GENERAL FUND 7,000

BIKEPACKING ROOTS

2820 MARYLAND AVE
BALTIMORE,MD21218 		NONE   GENERAL FUND 1,250

BLUE CHURCH CHARITABLE FOUNDATION

940 BALTIMORE PIKE
SPRINGFIELD,PA19064 		NONE   GENERAL FUND 1,500

BRENNAN CENTER FOR JUSTICE

1140 CONNECTICUT AVE NW
WASHINGTON,DC20036 		NONE   GENERAL FUND 5,000

BROWN UNIVERSITY

69 BROWN STREET
PROVIDENCE,RI02912 		NONE   GENERAL FUND 5,000

CAPA EDUCATION FUND

PO BOX 21961
SEATTLE,WA98111 		NONE   GENERAL FUND 1,000

CARNEGIE COUNCIL

170 E 64TH STREET
NEW YORK,NY10065 		NONE   GENERAL FUND 2,000

CATO INSTITUTE

1000 MASSACHUSETTS AVE NW
WASHINGTON,DC20001 		NONE   GENERAL FUND 1,000

CENTER FOR CONSTITUTIONAL RIGHTS

666 BROADWAY
NEW YORK,NY10012 		NONE   GENERAL FUND 5,000

COMMITTEE TO PROTECT JOURNALISTS

330 7TH AVENUE 11TH FLOOR
NEW YORK,NY10001 		NONE   GENERAL FUND 75,000

COMMON CAUSE EDUCATION FUND

805 15TH STREET NW
WASHINGTON,DC20005 		NONE   GENERAL FUND 1,000

CONSERVATION INTERNATIONAL

2011 CRYSTAL DR STE 500
ARLINGTON,VA22202 		NONE   GENERAL FUND 1,000

DETROIT AREA AGENCY ON AGING

1333 BREWERTY PARK BLVD
DETROIT,MI48207 		NONE   GENERAL FUND 500

DRUG POLICY ALLIANCE

131 W 33RD STREET
NEW YORK,NY10001 		NONE   GENERAL FUND 2,500

EARTHJUSTICE

50 CALIFORNIA ST
SAN FRANCISCO,CA94111 		NONE   GENERAL FUND 5,000

ENVIRONMENTAL LAW & POLICY CENTER

35 E WACKER DRIVE
CHICAGO,IL60601 		NONE   GENERAL FUND 5,000

FCNL EDUCATION FUND

245 2ND ST NE
WASHINGTON,DC20002 		NONE   GENERAL FUND 500

FREE PRESS

PO BOX 60238
FLORENCE,MA01062 		NONE   GENERAL FUND 2,500

FRONTLINE JOURNALISM FUND

1 GUEST STREET
BOSTON,MA02135 		NONE   GENERAL FUND 60,000

FUND FOR INVESTIGATIVE JOURNALISM

1100 13TH ST NW
WASHINGTON,DC20005 		NONE   GENERAL FUND 3,500

HUMAN RIGHTS WATCH

350 5TH AVE
NEW YORK,NY10118 		NONE   GENERAL FUND 15,000

INSTITUTE FOR MUSIC & NEUROLOGIC FUNCTION

612 ALLERTON AVE
BRONX,NY10467 		NONE   GENERAL FUND 50,000

INTERNATIONAL RESCUE COMMITTEE

122 E 42ND STREET
NEW YORK,NY10168 		NONE   GENERAL FUND 20,000

INVEST FOR KIDS

875 N MICHIGAN AVE
CHICAGO,IL60611 		NONE   GENERAL FUND 5,000

JANE GOODALL INSTITUTE

1595 SPRING HILL ROAD
VIENNA,VA22182 		NONE   GENERAL FUND 1,000

KARTEMQUIN EDUCATIONAL FILMS

1901 W WELLINGTON AVE
CHICAGO,IL60657 		NONE   GENERAL FUND 7,500

MASSACHUSETTS PEACE ACTION

11 GARDEN ST
CAMBRIDGE,MA02138 		NONE   GENERAL FUND 1,000

NEW TRIER EDUCATIONAL FOUNDATION

7 HAPP ROAD
NORTHFEILD,IL60093 		NONE   GENERAL FUND 1,500

NEW YORK PUBLIC RADIO

160 VARICK STREET
NEW YORK,NY10013 		NONE   GENERAL FUND 1,500

NONVIOLENT PEACEFORCE

2143 LOWRY AVE
MINNEAPOLIS,MN55411 		NONE   GENERAL FUND 1,500

NORTHERN PUBLIC RADIO

NORTHERN ILLINOIS UNIVERSITY
DEKALB,IL60115 		NONE   GENERAL FUND 10,000

OLD TOWN SCHOOL OF FOLK MUSIC

4544 N LINCOLN AVE
CHICAGO,IL60625 		NONE   GENERAL FUND 60,000

OXFAM AMERICA

226 CAUSEWAY STREET
BOSTON,MA02114 		NONE   GENERAL FUND 2,000

PARTNERS IN HEALTH

800 BOYLSTON STREET
BOSTON,MA02199 		NONE   GENERAL FUND 750

PRAIRIE RIVER NETWORK

1605 SOUTH STATE STREET
CHAMPAIGN,IL61820 		NONE   GENERAL FUND 1,000

PROJECT ON GOVERNMENT OVERSIGHT

1100 G STREET NW STE 500
WASHINGTON,DC20005 		NONE   GENERAL FUND 25,000

PUBLIC CITIZENS FOUNDATION

1600 20TH NW
WASHINGTON,DC20009 		NONE   GENERAL FUND 2,500

RESIST

PO BOX 301240
BOSTON,MA02130 		NONE   GENERAL FUND 3,500

RESPIRATORY HEALTH ASSOCIATION

1440 W WASHINGTON STREET
CHICAGO,IL60607 		NONE   GENERAL FUND 5,000

RIVER ALLIANCE OF WISCONSIN

612 W MAIN STREET
MADISON,WI53703 		NONE   GENERAL FUND 2,500

SAVE THE CHILDREN

501 KINGS HWY EAST
FAIRFIELD,CT06825 		NONE   GENERAL FUND 1,000

SOCIETY FOR SCIENCE

1719 N STREET NW
WASHINGTON,DC20036 		NONE   GENERAL FUND 1,000

SONG OF THE MOUNTAINS

117 E MAIN STREET
MARION,VA24354 		NONE   GENERAL FUND 2,500

TANENBAUM CENTER FOR INTER-RELIGIOUS UNDERSTANDING

55 BROAD STREET
NEW YORK,NY10004 		NONE   GENERAL FUND 2,000

THE PEOPLES MUSIC SCHOOL

931 W EASTWOOD AVE
CHICAGO,IL60640 		NONE   GENERAL FUND 4,000

THE WILLIAM F MORAN JR MUSEUM

4246 OLD NATONAL PIKE
MIDDLETOWN,MD21769 		NONE   GENERAL FUND 1,250

TULANE UNIVERSITY

PO BOX 61075
NEW ORLEANS,LA70161 		NONE   GENERAL FUND 100,000

US CAMPAIGN FOR PALESTINIAN RIGHTS

PO BOX 3609
WASHINGTON,DC20027 		NONE   GENERAL FUND 25,000

UNION OF CONCERNED SCIENTISTS

2 BRATTLE SQUARE
CAMBRIDGE,MA02138 		NONE   GENERAL FUND 1,500

USA FOR UNHCR

1301 L ST NW
WASHINGTON,DC20005 		NONE   GENERAL FUND 2,000

WAMU 885

PO BOX 98101
WASHINGTON,DC20090 		NONE   GENERAL FUND 5,000

WBUR 909

890 COMMONWEALTH AVE
BOSTON,MA02215 		NONE   GENERAL FUND 3,500

WDCB PUBLIC RADIO

425 FAWELL ROAD
GLEN ELLYN,IL60137 		NONE   GENERAL FUND 5,000

WHEATLAND MUSIC ORGANIZATION

PO BOX 22
REMUS,MI49340 		NONE   GENERAL FUND 3,000

WHYY

150 N SIXTH STREET
PHILADELPHIA,PA19106 		NONE   GENERAL FUND 5,000

WISCONSIN CANOE HERITAGE MUSEUM

312 N FRONT STREET
SPOONER,WI54801 		NONE   GENERAL FUND 1,500

WISCONSIN DEMOCRACY CAMPAIGN

203 S PATERSON ST
MADISON,WI53703 		NONE   GENERAL FUND 3,500

WISCONSIN PUBLIC RADIO

821 UNIVERSITY AVE
MADISON,WI53706 		NONE   GENERAL FUND 500

WOMEN MAKE MOVIES

115 W 29TH ST STE 1200
NEW YORK,NY10001 		NONE   GENERAL FUND 225,000

WORKING BIKES

2434 S WESTERN
CHICAGO,IL60608 		NONE   GENERAL FUND 1,250

WUWM MILWAUKEE PUBLIC RADIO

161 W MILWAUKEE AV
MILWAUKEE,WI53203 		NONE   GENERAL FUND 17,500

BLOCK CLUB CHICAGO

333 N MICHIGAN AVE
CHICAGO,IL60601 		NONE   GENERAL FUND 2,500

FESTIVALS ACADIENS AT CREOLES

500 GIRADE PARK DRIVE
LAFAYETTE,LA70508 		NONE   GENERAL FUND 1,000

WORLD BICYLCE RELIEF

1000 W FULTON MARKET
CHICAGO,IL60607 		NONE   GENERAL FUND 2,500

SUSAN G KOMEN FOUNDATION

13770 NOEL ROAD
DALLAS,TX75380 		NONE   GENERAL FUND 500

PACIFIC HEALTH MINISTRY

1245 YOUNG STREET
HONOLULU,HI96814 		NONE   GENERAL FUND 500
Total ................................. 3a 857,500
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 ........... 		    14 125,772  
4 Dividends and interest from securities ....     14 473,551  
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 .....     18 2,692  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 486,084  
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 1,088,099 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,088,099
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2025)
Form 990-PF (2025)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2025 AccountingFeesSchedule
Name:
JAMES G HART FOUNDATION
EIN:
20-0254015
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 12,559 0   12,559

TY 2025 InvestmentsCorpBondsSchedule
Name:
JAMES G HART FOUNDATION
EIN:
20-0254015
Name of Bond End of Year Book Value End of Year Fair Market Value
SIMON PROPERTY GROUP 3.3% 41,995 41,990
ROYAL BANK OF CANADA 4.65% 39,084 39,014
ALTRIA GROUP INC 4.4% 19,009 18,999
CHARLES SCHWAB 0.9% 39,951 39,773
OMNICOM GROUP INC 3.6% 28,907 28,958
ABBVIE INC 3.2% 25,187 24,944
WELLS FARGO 4.1% 15,150 15,002
CIBC 1.25% 20,724 20,739
AMERICAN HONDA FINANCE 5.25% 37,019 37,257
DUKE ENERGY 2.65% 15,110 14,872
ENTERGY CORP 2.95% 10,068 9,926
BHP BILLITON FINANCE 5.25% 41,825 42,383
KINDER MORGAN INC 1.75% 41,997 42,211
ARCH CAPITAL FINANCE LLC 29,819 29,999
SUMITOMO MITSUI FINANCIAL 3.446% 36,729 35,836
CBOE HOLDINGS INC 3.65% 31,587 31,935
AT&T 3.8% 18,442 17,967
TRUIST FINANCIAL 1.267% 43,842 45,770
BOA CORP 1.658% 35,163 38,818
XCEL ENERGY 1.75% 20,895 20,436
CVS HEALTH 3.625% 37,291 36,801
KEYSIGHT TECH 4.6% 32,009 31,160
NEXTERA ENERGY 3.55% 42,060 41,767
MID-AMERICA APTS 3.6% 27,783 27,908
EBAY INC 3.6% 42,349 42,772
MORGAN STANLEY 1.512% 17,881 19,717
3M CO 2.875% 49,084 50,144
MPLX LP 4.25% 14,886 15,043
US BANCORP 2.215% 35,558 38,310
DELL INTERNATIONAL 2.215% 32,245 32,727
STATE STREET CORP 2.203% 46,665 50,078
INTEL CORP 4.875% 37,026 37,521
PHILIP MORRIS INT'L 4.875% 36,372 36,700
ERP OPERATING 3.5% 12,556 12,879
AMGEN INC 5.15% 41,374 41,973
CLOROX CO 3.9% 41,268 42,015
CIGNA CORP 4.375% 16,828 17,159
BP CAPITAL MARKTES 3.723% 47,677 48,682
PNC FINANCIAL 5.354% 11,925 12,305
MARATHON PETROLEUM 5.125% 10,316 10,075
REALTY INCOME CORP 3.0% 13,713 13,876
DOW CHEMIAL 3.723% 11,882 12,178
BAXTER INTL 2.272% 15,841 16,062
BANK OF NY MELLON HYBRID 4.543% 40,369 41,510
NORTHROP GRUMMAN 4.6% 15,839 16,252
CUMMINS IN C 4.9% 40,192 41,081
NUTRIEN LTD 4.2% 32,526 32,958
REPUBLIC SERVICES INC 39,099 39,988
AON CORP 3.75% 23,058 23,745
NORTHERN TRUST 3.15% 41,978 42,874
JP MORGAN HYBRID 2.069% 41,300 43,938
FIRSERV INC 3.5% 16,096 16,497
AUTOZONE 5.1% 11,994 12,353
GM FINANCIAL 5.55% 16,999 17,635
AMEX HYBRID 5.282% 42,793 43,271
HUMANA INC 3.125% 18,628 19,195
ANTHEM INC 2.875% 12,279 12,401
COMCAST 2.65% 38,359 38,719
TOYOTA MOTOR CREDIT 2.15% 21,024 21,359
JM SMUCKERS 2.375% 12,668 13,016
AIR PRODUCTS 2.015% 43,716 45,104
GENEAL MILLS 4.2% 16,042 16,056
BECTON DICKSON & CO 4.874% 19,089 19,386
THE BANK OF NOVA SCOTIA HYBRID 23,400 23,447
INGERSOLL-RAND LUXEMBOURG 3.8% 12,848 12,914
ENBRIDGE INC 5.3% 23,342 23,725
BANK OF MONTREAL HYBRID 43,698 43,827
WELLS FARGO HYBRID 27,676 27,976
CONSTELLATION BRANDS INC 3.5% 15,151 15,422
BAT CAPITAL CORP 3.462% 13,357 13,648
BUNGE LTD FIN 4.2% 23,361 24,028
CENCORA INC 4.85% 23,871 24,552
CITIGROUP INC HYBRID 38,952 40,055
BROADCOM INC 4.35% 35,946 36,265
MARSH & MCLENNAN 4.65% 38,581 39,798
FOX CORP 3.5% 14,060 14,572
DEERE & CO 3.1% 41,772 42,423
GLAXOSMITHKLINE CAPITAL 4.5% 12,103 12,205
MORGAN STANLEY HYBRID 13,379 13,553
ORACLE CORP 3025% 17,709 17,702
XILINX INC 2.375% 38,344 39,070
QUST DIAGNOSTICS 2.95% 13,042 13,254
PUBLIC SERVCE ENTERPIRSE 1.6% 26,105 26,615
JOHNSON CONTROLS INT'L 1.75% 19,047 19,637
SOUTHERN POWER 4.25% 40,041 39,931
STARBUCKS CORP 2.55% 15,610 15,727
ALEXANDRIA REAL ESTATE 4.9% 24,254 24,340
T-MOBILE USA 2.55% 15,493 15,544
ELI LILLY 4.25% 42,223 42,355
LOWES COMPANIES 4.25% 24,738 24,921
ANHEUSER-BUSCH 4.75% 12,235 12,249

TY 2025 InvestmentsCorpStockSchedule
Name:
JAMES G HART FOUNDATION
EIN:
20-0254015
Name of Stock End of Year Book Value End of Year Fair Market Value
ALLSTATE CORP 51,335 115,731
ALTRIA GROUP INC. 731,327 1,178,340
APTARGROUP INC 66,840 81,225
AT&T INC 7,145 8,595
BANK OF AMERICA CORP 5,278 11,000
CITIGROUP INC. 1,477 2,684
DOMINION ENERGY INC 39,419 32,225
EXXON MOBILE CORP 21,321 33,094
GE HEALTHCARE TECH 1,257 13,245
GE AEROSPACE 831 1,148
GE VERNOVA 1,867 6,536
INTEL CORP 9,138 7,380
KENVUE INC 10,272 10,385
THE KRAFT HEINZ CO 235,054 140,529
MCDONALDS CORP 118,929 819,394
MICROSOFT CORP 53,480 241,810
MONDELEZ INT'L 472,646 935,888
MORGAN STANLEY 20,578 83,084
ORACLE CORP 18,928 77,963
PFIZER INC 5,128 3,112
PHILIP MORRIS 652,216 1,271,170
PROCTER & GAMBLE 807,333 1,645,772
VERIZON COMMUNICATIONS INC 50,792 37,268
VIATRIS INC 197 187
WABTEC CORP 145 213
WALMART INC 7,420 25,067
WARNER BROTHERS DISCOVERY INC 7,420 2,392
WELLS FARGO & CO 10,250 18,640
NXP SEMICONDUCTORS NV 88,688 271,325
MCDONALDS 1,087,908 1,916,269
MONDELEZ INT'L INC 249,300 314,798
PROCTER & GAMBLE 500,118 792,218
ALCOA CORP 42,627 59,995
ALPHABET INC 21,077 117,047
AMAZON.COM INC 88,284 186,964
CAPITAL ONE FINANCIAL CORP 45,167 111,001
CHARTTER COMMUNICATIONS INC 2,894 2,088
COMCAST CORP 106,153 86,621
CONOCOPHILLIPS 143,101 131,054
ELEVANCE HEALTH INC 40,609 36,808
HILTON WORLDWIDE HOLDINGS INC 8,533 41,651
LIBERTY BROADBAND CORP 39,647 23,814
HUMANA INC 64,285 56,605
META PLATFORMS (FKA: FACEBOOK INC) 7,594 53,467
MICROSOFT CORP 52,590 127,676
UNITEDHEALTH GROUP INC 141,094 133,034
WOOWARD INC 38,491 91,301
WORKDAY INC 127,122 117,055
AERCAP HOLDINGS NV 40,156 101,495
AON PLC 28,358 50,462
BAYER AG-SPONSORED ADR 55,330 70,125
LONDON STOCK EXCHNAGE 183,894 168,631
SAP SE 49,958 73,602
SHELL PLC 34,377 45,264
TAIWAN SEMICONDUCTER MFG 38,583 112,743
ABBOTT LABS 66,362 82,315
AMAZON.COM INC 17,715 30,468
AMERICAN INTERNATIONAL GROUP 79,158 106,082
BANK OF AMERICA 28,974 57,530
BERKSHIRE HATHAWAY INC 96,922 111,588
BUILDERS FIRSTSOURCE 24,948 15,958
CARMAX INC 38,068 20,788
COLGATE-PALMOLIVE 99,904 88,818
CONOCOPHILLIOPS 76,366 62,344
DEERE & CO 32,797 37,711
DIAMONDBACK ENERGY 50,575 45,099
FERGUSON PLC 21,465 29,832
GENERAL MOTORS 11,348 27,648
INTERNATIONAL PAPER 31,278 26,982
KEYCORP 21,333 31,022
L3HARRIS TEHCNOLOGIES 16,333 27,596
LABORATORY CORPORATION OF AMER 33,225 39,639
MARTIN MARIETTA MATERIALS 28,247 38,604
NVR INC 25,300 29,171
PFIZER 41,481 33,988
REGAL REXNORD 32,108 31,431
SS&C TECHNOLOGIES HOLDINGS 16,580 27,362
STARBUCKS CORP 28,259 28,547
SYSCO CORP 58,662 55,341
TEXAS INSTRUMENTS 74,093 77,030
UNION PACIFIC 42,465 45,338
VISA INC 19,476 27,706
WASTE MANAGEMENT INC 58,299 68,988
EXTRA SPAC STORAG EINC 35,435 35,811
SBA COMMUNIOATIONS CORP 50,125 48,357
ACCENTURE PLC 34,910 29,244
AON PUBLIC LTD 76,199 78,692
MEDTRONIC PUBLIC LTD CO 28,887 34,678
ADBODE INC 34,997 34,999
CAPITAL ONE FINANCIAL CORP 58,909 76,828
COOPER COS INC 26,074 30,161
DOVER CORP 16,016 17,376
EQT CORP 16,686 16,509
EQUITABLE HOLDINGS 28,166 26,541
FEDERAL EXPRESS 21,362 27,442
GENERAL MILLS 52,702 44,082
METLIFE INC 47,123 43,574
NUCOR CORP 26,435 32,622
SALESFORCE INC 46,955 42,915
SOLVENTUM CORP 13,548 13,153
THERMO FISHER SCIENTIFIC 32,179 39,402
WALT DISNEY 35,942 42,664
ZOETIS INC 49,193 42,149
WIX COM 17,335 15,272
ASML HOLDINGS NV 44,288 64,192
DANAHER CORP 81,961 94,544
ESTEE LAUDER 44,298 62,518
INTUIT INC 22,148 24,510
LENNAR CORP 90,063 78,231
MARTIN MARIETTA MATERIALS 11,618 15,567
MERCADOLIBRE INC 53,322 54,385
TPTC INC 26,802 29,616
VULCAN MATERIALS 11,525 13,976

TY 2025 InvestmentsOtherSchedule2
Name:
JAMES G HART FOUNDATION
EIN:
20-0254015
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
GOLDMAN SACHS GOG PARTNERS INTERNATIONAL AT COST 1,639,868 2,145,850
GOG PARTNERS EMERGING MARKETS EQUITY FUND AT COST 531,339 536,592

TY 2025 OtherExpensesSchedule
Name:
JAMES G HART FOUNDATION
EIN:
20-0254015
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BANK FEES 838 838   0


TY 2025 OtherIncomeSchedule2
Name:
JAMES G HART FOUNDATION
EIN:
20-0254015
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
GOLDMAN SACHS 2,692 2,692 2,692


TY 2025 OtherProfessionalFeesSchedule
Name:
JAMES G HART FOUNDATION
EIN:
20-0254015
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT ADVISORY 71,268 53,451   17,817


TY 2025 SubstantialContributorsSch
Name:
JAMES G HART FOUNDATION
EIN:
20-0254015
Name Address
JAMES G HART 15541 W ILLINOIS ROUTE 173
WADSWORTH,IL600839469


TY 2025 TaxesSchedule
Name:
JAMES G HART FOUNDATION
EIN:
20-0254015
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
US EXCISE TAXES 29,181 0   0
FOREIGN TAXES ON DIVIDENDS 7,547 7,547   0
STATE FILING FEES 15 0   15