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
KONZEN FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address) 1420 NW GILMAN BLVD 2154
  Room/suite
City or town
ISSAQUAH
State or province
WA
Country  
ZIP or foreign postal code
98027
A Employer identification number

85-3910161
B Telephone number (see instructions)

4259989960
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)$252,962,375J 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) 150,148,179
2 Check .................
3 Interest on savings and temporary cash investments 189,911 189,911  
4 Dividends and interest from securities... 5,348,580 4,421,777  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,653,312
b Gross sales price for all assets on line 6a 179,038,072
7 Capital gain net income (from Part IV, line 2)... 120,471,666
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
-435,178 -435,178  
12 Total. Add lines 1 through 11........ 157,904,804 124,648,176  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 62,325 12,465   49,860
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
4,824 0   4,824
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
25,945 12,973   12,972
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
852,064 852,064   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
2,657,884 8,839   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 1,735 0   1,735
22 Printing and publications.......... 878 0   878
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
305,221 304,104   1,117
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 3,910,876 1,190,445   71,386
25 Contributions, gifts, grants paid....... 8,387,840 8,387,840
26 Total expenses and disbursements. Add lines 24 and 25 ................ 12,298,716 1,190,445   8,459,226
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 145,606,088
b Net investment income (if negative, enter -0-) 123,457,731
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............. 829,471 926,340 926,340
2 Savings and temporary cash investments.........      
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)....... 46,928,280 Click to see attachment
List of Attached Documents:
// Content
121,209,804 		131,502,607
c Investments—corporate bonds (attach schedule)....... 38,892,408 Click to see attachment
List of Attached Documents:
// Content
53,517,677 		53,643,229
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 10,349,708 Click to see attachment
List of Attached Documents:
// Content
66,808,448 		66,630,812
14 Land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
15 Other assets (describe ) Click to see attachment
List of Attached Documents:
// Content
115,701 		Click to see attachment
List of Attached Documents:
// Content
259,387 		Click to see attachment
List of Attached Documents:
// Content
259,387
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 97,115,568 242,721,656 252,962,375
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe )    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 97,115,568 242,721,656
29 Total net assets or fund balances (see instructions)..... 97,115,568 242,721,656
30 Total liabilities and net assets/fund balances (see instructions). 97,115,568 242,721,656
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
97,115,568
2
Enter amount from Part I, line 27a .....................
2
145,606,088
3
Other increases not included in line 2 (itemize)
3
0
4
Add lines 1, 2, and 3 ..........................
4
242,721,656
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
242,721,656
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 427 SHS ABBVIE INC   2025-04-03 2025-04-07
b 453 SHS ABBVIE INC   2025-04-03 2025-07-25
c 108 SHS ABBVIE INC   2025-02-13 2025-07-25
d 873 SHS ABBVIE INC   2023-05-03 2025-09-17
e 63 SHS ABBVIE INC   2024-04-10 2025-09-17
1288 SHS ADOBE INC   2025-06-18 2025-06-27
6497 SHS ALIBABA GROUP HLDG L ADR   2025-10-03 2025-11-14
668 SHS ALPHABET INC C   2020-12-24 2025-10-30
440 SHS ALPHABET INC C   2022-01-11 2025-10-30
206 SHS ALPHABET INC C   2022-10-18 2025-10-30
1074 SHS ALPHABET INC C   2024-04-10 2025-10-30
28388 SHS ARLO TECHNOLOGIES IN   2025-02-13 2025-04-10
13048 SHS ARLO TECHNOLOGIES IN   2025-02-07 2025-04-11
13139 SHS ARLO TECHNOLOGIES IN   2025-02-07 2025-04-10
4693 SHS ARLO TECHNOLOGIES IN   2025-04-07 2025-04-11
11617 SHS ARLO TECHNOLOGIES IN   2025-04-03 2025-04-11
20865 SHS ARLO TECHNOLOGIES IN   2025-04-07 2025-04-11
22303 SHS ARLO TECHNOLOGIES IN   2025-04-04 2025-04-11
5463 SHS BATH & BODY WKS INC   2025-04-07 2025-06-04
1700 SHS BATH & BODY WKS INC   2025-04-07 2025-06-04
26188 SHS BATH & BODY WKS INC   2025-04-04 2025-06-04
989 SHS BERKSHIRE HATHAWAY B   2025-04-03 2025-07-30
1123 SHS BERKSHIRE HATHAWAY B   2025-09-04 2025-10-13
1584 SHS BERKSHIRE HATHAWAY B   2025-02-13 2025-08-05
353 SHS BERKSHIRE HATHAWAY B   2025-04-07 2025-08-05
305 SHS BERKSHIRE HATHAWAY B   2025-04-07 2025-07-30
220 SHS BERKSHIRE HATHAWAY B   2025-04-04 2025-07-30
198 SHS BERKSHIRE HATHAWAY B   2025-04-04 2025-07-30
7 SHS BERKSHIRE HATHAWAY B   2025-04-07 2025-07-30
5305 SHS BOISE CASCADE CO   2025-07-22 2025-10-03
2875 SHS BOISE CASCADE CO   2025-09-04 2025-10-03
664 SHS BROADCOM INC   2025-04-07 2025-05-27
1489 SHS BROADCOM INC   2025-04-07 2025-05-27
980 SHS BROADCOM INC   2021-10-13 2025-07-11
179 SHS BROADCOM INC   2022-08-31 2025-07-11
363 SHS CHART INDS INC   2025-02-13 2025-06-25
307 SHS CHART INDS INC   2025-02-13 2025-02-14
231 SHS CHART INDS INC   2024-08-14 2025-06-25
539 SHS CHART INDS INC   2025-04-03 2025-06-25
424 SHS CHART INDS INC   2025-04-07 2025-06-25
785 SHS CHART INDS INC   2024-08-02 2025-06-25
861 SHS CHART INDS INC   2024-08-13 2025-06-25
1282 SHS CHART INDS INC   2025-04-04 2025-06-25
1051 SHS CHEVRON CORP NEW   2025-04-03 2025-07-17
654 SHS CHEVRON CORP NEW   2025-02-13 2025-07-17
578 SHS CHUBB LTD   2025-04-03 2025-04-07
1088 SHS CIENA CORP   2025-02-13 2025-08-25
367 SHS CIENA CORP   2025-04-04 2025-08-25
557 SHS CIENA CORP   2025-04-07 2025-08-25
972 SHS CIENA CORP   2025-04-03 2025-08-25
169 SHS CIENA CORP   2024-03-15 2025-08-25
717 SHS CIENA CORP   2024-03-18 2025-08-25
2328 SHS CIENA CORP   2024-04-10 2025-08-25
403 SHS CISCO SYS INC   2022-01-11 2025-02-04
283 SHS CISCO SYS INC   2024-01-03 2025-02-04
4045 SHS CISCO SYS INC   2020-12-24 2025-07-11
136 SHS CISCO SYS INC   2024-01-03 2025-07-11
545 SHS CISCO SYS INC   2024-02-26 2025-07-11
189 SHS CISCO SYS INC   2024-04-10 2025-07-11
11210 SHS COMCAST CORP NEW A   2025-02-13 2025-08-21
3579 SHS COMCAST CORP NEW A   2025-04-03 2025-08-21
1836 SHS COMCAST CORP NEW A   2024-07-24 2025-04-07
1324 SHS COMCAST CORP NEW A   2025-04-03 2025-04-07
301 SHS COMCAST CORP NEW A   2024-04-10 2025-04-07
1968 SHS COMCAST CORP NEW A   2025-04-04 2025-08-21
2422 SHS COMCAST CORP NEW A   2025-04-07 2025-08-21
2188 SHS COMCAST CORP NEW A   2025-02-04 2025-08-21
7303 SHS COMCAST CORP NEW A   2022-08-31 2025-08-21
5237 SHS CORE NAT RES INC   2025-10-07 2025-11-26
2967 SHS CORE NAT RES INC   2025-09-04 2025-11-26
5179 SHS CORE NAT RES INC   2025-04-17 2025-11-26
4784 SHS COTERRA ENERGY INC   2025-02-13 2025-08-06
4284 SHS COTERRA ENERGY INC   2025-04-03 2025-08-06
1797 SHS COTERRA ENERGY INC   2025-04-04 2025-08-06
1641 SHS COTERRA ENERGY INC   2025-04-07 2025-08-06
5723 SHS COTERRA ENERGY INC   2024-10-28 2025-08-06
8519 SHS COTERRA ENERGY INC   2024-09-03 2025-08-06
963 SHS CUMMINS INC   2025-02-13 2025-07-17
424 SHS CUMMINS INC   2022-04-20 2025-09-17
77 SHS CUMMINS INC   2022-08-31 2025-09-17
68 SHS CUMMINS INC   2024-04-10 2025-09-17
1583 SHS CVS HEALTH CORP   2025-04-03 2025-07-21
1728 SHS CVS HEALTH CORP   2025-02-13 2025-07-21
708 SHS CVS HEALTH CORP   2025-04-07 2025-07-21
673 SHS CVS HEALTH CORP   2025-04-04 2025-07-21
879 SHS CVS HEALTH CORP   2025-01-21 2025-07-21
1520 SHS CVS HEALTH CORP   2025-01-17 2025-07-21
2880 SHS CVS HEALTH CORP   2025-01-16 2025-07-21
10388 SHS ELANCO ANIMAL HEALTH   2024-10-09 2025-06-09
4173 SHS ELANCO ANIMAL HEALTH   2024-10-10 2025-06-09
3440 SHS ELANCO ANIMAL HEALTH   2024-10-11 2025-06-09
4684 SHS ELANCO ANIMAL HEALTH   2024-11-13 2025-06-09
903 SHS ELANCO ANIMAL HEALTH   2024-12-03 2025-06-09
3041 SHS ELANCO ANIMAL HEALTH   2025-09-04 2025-11-05
2422 SHS ELANCO ANIMAL HEALTH   2025-04-04 2025-11-05
12118 SHS ELANCO ANIMAL HEALTH   2025-09-04 2025-10-03
4757 SHS ELANCO ANIMAL HEALTH   2024-12-03 2025-11-05
5888 SHS ELANCO ANIMAL HEALTH   2024-12-16 2025-11-05
28709 SHS ELANCO ANIMAL HEALTH   2025-09-04 2025-10-02
10074 SHS ELANCO ANIMAL HEALTH   2025-02-14 2025-11-05
11664 SHS ELANCO ANIMAL HEALTH   2025-02-13 2025-11-05
60017 SHS ELANCO ANIMAL HEALTH   2025-09-04 2025-10-03
24999 SHS ELANCO ANIMAL HEALTH   2025-04-03 2025-11-05
55928 SHS ELANCO ANIMAL HEALTH   2025-02-26 2025-11-05
503 SHS EXPEDIA GROUP INC   2025-02-13 2025-03-06
813 SHS EXPEDIA GROUP INC   2024-05-09 2025-01-16
1477 SHS EXPEDIA GROUP INC   2024-05-09 2025-03-06
1708 SHS FIRST SOLAR INC   2025-01-29 2025-03-03
1815 SHS FIRST SOLAR INC   2025-02-13 2025-03-03
6995 SHS GENERAL MILLS INC   2025-02-13 2025-05-28
4015 SHS GENERAL MILLS INC   2024-12-18 2025-05-28
2759 SHS GENERAL MILLS INC   2025-04-03 2025-05-28
1122 SHS GENERAL MILLS INC   2025-04-04 2025-05-28
1105 SHS GENERAL MILLS INC   2025-04-07 2025-05-28
1952 SHS GENERAL MLS INC   2024-12-18 2025-04-07
2971 SHS GENMAB A/S ADR   2024-05-08 2025-04-22
2733 SHS GENMAB A/S ADR   2024-07-02 2025-04-22
2860 SHS GENMAB A/S ADR   2024-09-23 2025-04-22
1394 SHS GENMAB A/S ADR   2024-10-21 2025-04-22
7662 SHS GENMAB A/S ADR   2024-10-21 2025-06-13
2010 SHS GENMAB A/S ADR   2025-02-13 2025-06-13
3835 SHS GENMAB A/S ADR   2025-02-13 2025-06-16
1915 SHS GENMAB A/S ADR   2025-04-07 2025-06-16
2108 SHS GENMAB A/S ADR   2025-04-04 2025-06-16
5332 SHS GENMAB A/S ADR   2025-04-03 2025-06-16
28247.747 SHS GOLDMAN SACHS GQG PTNRS INTL OPPS INSTL   2024-12-20 2025-04-07
23889.34 SHS GOLDMAN SACHS GQG PTNRS INTL OPPS INSTL   2025-02-13 2025-04-07
13850.374 SHS GOLDMAN SACHS GQG PTNRS INTL OPPS INSTL   2024-04-10 2025-04-07
5351.002 SHS GOLDMAN SACHS GQG PTNRS INTL OPPS INSTL   2022-01-11 2025-04-07
6091.555 SHS GOLDMAN SACHS GQG PTNRS INTL OPPS INSTL   2024-01-03 2025-04-07
11036.206 SHS GOLDMAN SACHS GQG PTNRS INTL OPPS INSTL   2021-10-14 2025-04-07
3033.071 SHS GOLDMAN SACHS GQG PTNRS INTL OPPS INSTL   2022-01-11 2025-04-07
6843 SHS HF SINCLAIR CORP   2024-11-06 2025-03-13
2625 SHS HF SINCLAIR CORP   2024-04-08 2025-02-07
2809 SHS HF SINCLAIR CORP   2024-04-10 2025-02-07
3647 SHS HF SINCLAIR CORP   2024-07-10 2025-03-13
4592 SHS HF SINCLAIR CORP   2025-02-13 2025-04-04
4209 SHS HF SINCLAIR CORP   2024-11-08 2025-03-13
3016 SHS HF SINCLAIR CORP   2024-08-05 2025-03-13
2156 SHS HF SINCLAIR CORP   2024-09-16 2025-03-13
1526 SHS HF SINCLAIR CORP   2024-05-29 2025-02-07
1862 SHS HF SINCLAIR CORP   2024-07-12 2025-02-07
1432 SHS HF SINCLAIR CORP   2024-07-09 2025-02-07
734 SHS HF SINCLAIR CORP   2024-04-18 2025-02-07
1205 SHS HF SINCLAIR CORP   2024-11-01 2025-04-04
1504 SHS HF SINCLAIR CORP   2024-11-01 2025-03-13
375 SHS HF SINCLAIR CORP   2024-07-10 2025-02-07
10094 SHS HF SINCLAIR CORP   2025-09-04 2025-10-02
342 SHS HOME DEPOT INC   2025-09-04 2025-09-17
44 SHS HONEYWELL INTL INC   2024-04-10 2025-02-14
489 SHS HONEYWELL INTL INC   2024-02-26 2025-02-13
1171 SHS HONEYWELL INTL INC   2024-02-26 2025-02-14
35736 SHS INMODE LTD   2025-02-13 2025-05-16
23790 SHS INMODE LTD   2025-04-03 2025-06-26
12478 SHS INMODE LTD   2025-02-14 2025-05-16
8537 SHS INMODE LTD   2024-07-10 2025-06-13
8989 SHS INMODE LTD   2024-08-05 2025-06-24
5391 SHS INMODE LTD   2024-08-02 2025-06-23
9950 SHS INMODE LTD   2025-04-07 2025-06-26
7135 SHS INMODE LTD   2025-04-04 2025-06-26
2862 SHS INMODE LTD   2024-07-10 2025-06-16
4572 SHS INMODE LTD   2025-04-07 2025-06-26
3591 SHS INMODE LTD   2025-04-04 2025-06-26
1183 SHS INMODE LTD   2024-07-10 2025-06-23
1458 SHS INMODE LTD   2024-08-02 2025-06-24
5008 SHS INMODE LTD   2025-04-07 2025-12-22
980 SHS INMODE LTD   2024-07-10 2025-06-17
1268 SHS INMODE LTD   2024-08-05 2025-06-26
937 SHS INMODE LTD   2024-08-01 2025-06-26
220 SHS INMODE LTD   2024-07-10 2025-06-18
17 SHS INMODE LTD   2024-07-10 2025-06-20
3640 SHS INMODE LTD   2023-10-25 2025-04-23
1850 SHS INMODE LTD   2023-10-26 2025-04-23
2028 SHS INMODE LTD   2024-04-04 2025-04-23
4043 SHS INMODE LTD   2024-04-10 2025-04-23
6652 SHS INMODE LTD   2024-04-10 2025-04-24
11969 SHS INMODE LTD   2024-04-10 2025-05-16
40 SHS INMODE LTD   2024-04-10 2025-12-22
841 SHS JOHNSON & JOHNSON   2025-04-03 2025-04-07
277 SHS JOHNSON & JOHNSON   2025-04-03 2025-08-05
466 SHS JOHNSON & JOHNSON   2025-04-04 2025-08-05
392 SHS JOHNSON & JOHNSON   2025-04-07 2025-08-05
500 SHS JOHNSON & JOHNSON   2024-12-18 2025-08-05
2523 SHS JOHNSON & JOHNSON   2025-02-13 2025-08-05
393 SHS JOHNSON & JOHNSON   2020-12-24 2025-07-25
238 SHS JOHNSON & JOHNSON   2022-01-11 2025-07-25
304 SHS JOHNSON & JOHNSON   2023-11-30 2025-07-25
122 SHS JOHNSON & JOHNSON   2024-02-26 2025-07-25
998 SHS JOHNSON & JOHNSON   2020-12-24 2025-08-05
57 SHS JOHNSON & JOHNSON   2024-04-10 2025-08-05
11755 SHS LYONDELLBASELL INDUS A   2025-05-28 2025-10-20
4821 SHS LYONDELLBASELL INDUS A   2025-02-13 2025-04-23
1901 SHS LYONDELLBASELL INDUS A   2024-07-26 2025-04-23
4000 SHS LYONDELLBASELL INDUS A   2025-02-13 2025-04-23
1765 SHS LYONDELLBASELL INDUS A   2024-07-29 2025-04-23
7532 SHS LYONDELLBASELL INDUS A   2025-09-04 2025-10-24
2477 SHS LYONDELLBASELL INDUS A   2024-12-23 2025-04-23
3700 SHS LYONDELLBASELL INDUS A   2025-04-03 2025-04-30
2072 SHS LYONDELLBASELL INDUS A   2025-05-28 2025-10-24
1244 SHS LYONDELLBASELL INDUS A   2024-12-23 2025-04-30
730 SHS LYONDELLBASELL INDUS A   2024-11-21 2025-04-23
630 SHS LYONDELLBASELL INDUS A   2024-12-18 2025-04-23
3307 SHS LYONDELLBASELL INDUS A   2025-04-04 2025-04-30
865 SHS LYONDELLBASELL INDUS A   2025-04-04 2025-04-30
2393 SHS LYONDELLBASELL INDUS A   2025-04-07 2025-04-30
2018 SHS LYONDELLBASELL INDUS A   2025-04-07 2025-04-30
2871 SHS LYONDELLBASELL INDUS A   2025-04-07 2025-04-30
3911 SHS LYONDELLBASELL INDUS A   2025-05-28 2025-07-17
4287 SHS MEDTRONIC PLC   2025-02-13 2025-06-25
1912 SHS MEDTRONIC PLC   2025-04-03 2025-06-25
797 SHS MEDTRONIC PLC   2025-04-04 2025-06-25
1032 SHS MEDTRONIC PLC   2025-04-07 2025-06-25
557 SHS MEDTRONIC PLC   2024-07-25 2025-06-25
3571 SHS MEDTRONIC PLC   2022-12-02 2025-06-25
246 SHS MEDTRONIC PLC   2024-01-03 2025-06-25
93 SHS MEDTRONIC PLC   2024-04-10 2025-06-25
42150 SHS MICROSOFT CORP   1995-02-14 2025-02-12
19125 SHS MICROSOFT CORP   1995-02-14 2025-02-12
31882 SHS MICROSOFT CORP   1995-02-14 2025-06-09
10268 SHS MICROSOFT CORP   1995-02-14 2025-09-03
65732 SHS MICROSOFT CORP   1995-02-14 2025-09-03
82402 SHS MICROSOFT CORP   1995-02-14 2025-09-04
3347 SHS MOLINA HEALTHCARE IN   2025-08-15 2025-11-10
1813 SHS MOLINA HEALTHCARE IN   2025-09-04 2025-11-10
3657 SHS NOVO-NORDISK A S ADR   2025-05-01 2025-06-25
4891 SHS NOVO-NORDISK A S ADR   2025-04-09 2025-06-25
539 SHS NVIDIA CORP   2024-01-30 2025-02-14
3741 SHS OLD REP INTL CORP   2025-04-03 2025-04-07
6108 SHS OLD REP INTL CORP   2025-09-04 2025-09-17
4268 SHS ON SEMICONDUCTOR COR   2024-12-31 2025-04-15
1823 SHS ON SEMICONDUCTOR COR   2025-01-08 2025-04-15
4577 SHS ON SEMICONDUCTOR COR   2025-03-06 2025-04-15
2226 SHS ON SEMICONDUCTOR COR   2025-02-13 2025-04-15
671 SHS ON SEMICONDUCTOR COR   2025-01-28 2025-04-15
2995 SHS ON SEMICONDUCTOR COR   2025-04-03 2025-04-15
1889 SHS ON SEMICONDUCTOR COR   2025-04-07 2025-04-15
1379 SHS ON SEMICONDUCTOR COR   2025-04-04 2025-04-15
6104 SHS PAYPAL HLDGS INC   2025-07-23 2025-12-12
7257 SHS PAYPAL HLDGS INC   2025-08-15 2025-12-12
7189 SHS PAYPAL HLDGS INC   2025-09-04 2025-12-12
6077 SHS PAYPAL HLDGS INC   2025-11-05 2025-12-12
11375 SHS PFIZER INC   2025-02-10 2025-06-18
12280 SHS PFIZER INC   2025-02-13 2025-06-18
5144 SHS PFIZER INC   2025-04-03 2025-06-18
2308 SHS PFIZER INC   2025-04-04 2025-06-18
2839 SHS PFIZER INC   2025-04-07 2025-06-18
5932 SHS PFIZER INC   2025-04-07 2025-06-18
2061 SHS QUALCOMM INC   2025-02-13 2025-07-11
17191 SHS RAPID7 INC   2025-04-17 2025-07-22
454 SHS REGENERON PHARMACEUT   2025-06-13 2025-06-27
1678 SHS ROYAL GOLD INC   2025-09-04 2025-10-27
1327 SHS ROYAL GOLD INC   2025-08-21 2025-10-27
1832 SHS ROYAL GOLD INC   2025-08-22 2025-10-27
842 SHS RTX CORP   2025-02-13 2025-02-14
464 SHS RTX CORP   2023-11-24 2025-01-28
383 SHS RTX CORP   2023-10-24 2025-10-27
250 SHS RTX CORP   2023-11-24 2025-10-27
1162 SHS RTX CORP   2024-04-10 2025-10-27
17122 SHS SABLE OFFSHORE CORP A   2025-06-06 2025-10-31
23646 SHS SABLE OFFSHORE CORP A   2025-09-30 2025-10-31
8944 SHS SABLE OFFSHORE CORP A   2025-09-04 2025-10-31
44392 SHS SABLE OFFSHORE CORP A   2025-10-27 2025-10-31
12357 SHS SCHWAB US DIVIDEND EQUITY ETF   2025-09-04 2025-09-17
1291 SHS SCHWAB US DIVIDEND EQUITY ETF   2025-07-11 2025-07-17
2641 SHS SCHWAB US DIVIDEND EQUITY ETF   2025-04-23 2025-07-17
14340 SHS SCHWAB US DIVIDEND EQUITY ETF   2025-07-28 2025-09-02
13998 SHS SCHWAB US DIVIDEND EQUITY ETF   2025-08-06 2025-09-17
16882 SHS SCHWAB US DIVIDEND EQUITY ETF   2025-06-26 2025-07-17
14295 SHS SCHWAB US DIVIDEND EQUITY ETF   2025-08-06 2025-09-02
11879 SHS SCHWAB US DIVIDEND EQUITY ETF   2025-04-24 2025-07-17
22678 SHS SCHWAB US DIVIDEND EQUITY ETF   2025-04-23 2025-07-25
1711 SHS SOUTHERN CO   2025-04-03 2025-04-07
5163 SHS SOUTHERN CO   2025-09-04 2025-09-10
245 SHS SOUTHERN CO   2025-04-03 2025-09-10
831 SHS SOUTHERN CO   2025-04-04 2025-09-10
706 SHS SOUTHERN CO   2025-04-07 2025-09-10
4380 SHS SOUTHERN CO   2025-02-13 2025-09-10
1517 SHS SOUTHERN CO   2024-01-03 2025-07-25
1946 SHS SOUTHERN CO   2024-01-03 2025-09-10
346 SHS SOUTHERN CO   2024-01-04 2025-09-10
553 SHS SOUTHERN CO   2024-02-26 2025-09-10
181 SHS SOUTHERN CO   2024-04-10 2025-09-10
9511 SHS SUPER MICRO COMPUTER   2025-02-13 2025-03-13
8653 SHS SUPER MICRO COMPUTER   2025-01-14 2025-03-13
555 SHS SYMBOTIC INC A   2025-04-03 2025-07-25
6619 SHS SYMBOTIC INC A   2025-09-04 2025-10-03
16019 SHS SYMBOTIC INC A   2025-02-13 2025-07-25
11854 SHS SYMBOTIC INC A   2024-09-05 2025-10-03
3055 SHS SYMBOTIC INC A   2024-09-06 2025-10-03
416 SHS SYMBOTIC INC CLASS A   2025-04-03 2025-11-10
13210 SHS SYMBOTIC INC CLASS A   2025-09-04 2025-11-10
2907 SHS TARGET CORP EQUITY EQUITY   2024-12-23 2025-06-25
2756 SHS TARGET CORP EQUITY EQUITY   2025-02-13 2025-06-25
561 SHS TARGET CORP EQUITY EQUITY   2025-04-04 2025-06-25
563 SHS TARGET CORP EQUITY EQUITY   2025-04-07 2025-06-25
1207 SHS TARGET CORP EQUITY EQUITY   2025-04-03 2025-06-25
1934 SHS TARGET CORP EQUITY EQUITY   2025-04-07 2025-06-25
1553 SHS TEXAS INSTRS INC   2025-09-04 2025-11-18
2155 SHS TEXAS INSTRS INC   2025-10-28 2025-11-18
3097 SHS TEXAS INSTRS INC   2025-04-15 2025-11-18
8699 SHS TWILIO INC A   2025-04-11 2025-08-15
6261 SHS UBER TECHNOLOGIES IN   2025-09-04 2025-10-03
3714 SHS UBER TECHNOLOGIES IN   2024-09-05 2025-10-03
4642 SHS UNITED PARCEL SVC IN B   2025-02-13 2025-08-05
1989 SHS UNITED PARCEL SVC IN B   2025-02-13 2025-07-25
1373 SHS UNITED PARCEL SVC IN B   2025-04-03 2025-08-05
1425 SHS UNITED PARCEL SVC IN B   2025-05-28 2025-08-05
618 SHS UNITED PARCEL SVC IN B   2025-04-04 2025-08-05
423 SHS UNITED PARCEL SVC IN B   2025-04-07 2025-08-05
1111 SHS UNITEDHEALTH GROUP I   2025-09-04 2025-10-27
3635 SHS VANGUARD MID CAP VALUE ETF   2025-02-13 2025-03-21
3359 SHS VANGUARD MID CAP VALUE ETF   2024-12-20 2025-03-21
8.23333 SHS VICARIOUS SURGICAL I A   2021-11-18 2025-12-03
39.26667 SHS VICARIOUS SURGICAL I A   2022-01-11 2025-12-03
161.83333 SHS VICARIOUS SURGICAL I A   2022-01-26 2025-12-03
146.3 SHS VICARIOUS SURGICAL I A   2022-01-27 2025-12-03
63.26667 SHS VICARIOUS SURGICAL I A   2022-01-28 2025-12-03
22.63333 SHS VICARIOUS SURGICAL I A   2022-01-31 2025-12-03
60.46667 SHS VICARIOUS SURGICAL I A   2022-02-01 2025-12-03
12.7 SHS VICARIOUS SURGICAL I A   2022-01-24 2025-12-04
12.8 SHS VICARIOUS SURGICAL I A   2022-01-25 2025-12-04
8.5 SHS VICARIOUS SURGICAL I A   2022-01-28 2025-12-04
53000 PAR US TREASURY BILL 05/29/2025   2025-04-30 2025-05-07
61000 PAR JPMORGAN CHASE & CO. VAR 11/19/2026 CALLABLE   2024-12-16 2025-11-19
350000 PAR US TREASURY 4.375% 12/15/2026   2025-06-24 2025-09-08
60000 PAR COMCAST CORP 3.95% 10/15/2025 CALLABLE   2022-06-03 2025-09-22
31000 PAR APPLE INC. 1.125% 05/11/2025 CALLABLE   2022-06-03 2025-05-11
135000 PAR NEW YORK N Y GO 1.396% 08/01/2027 TAXABLE   2022-06-08 2025-06-11
150000 PAR US TREASURY 1.625% 05/15/2026   2022-06-03 2025-03-11
38000 PAR US TREASURY 0.5% 03/31/2025   2023-09-08 2025-03-31
216000 PAR US TREASURY 0.5% 04/30/2027   2022-09-08 2025-05-07
22000 PAR US TREASURY 0.375% 11/30/2025   2022-06-03 2025-09-08
814 SHS CIENA CORP   2023-07-14 2025-01-02
77 SHS CIENA CORP   2024-03-15 2025-01-02
223 SHS CHART INDUSTRIES INC   2024-07-09 2025-01-02
354 SHS CHART INDUSTRIES INC   2024-08-02 2025-01-02
196 SHS UNITED PARCEL SERVICE INC   2024-04-10 2025-01-02
571 SHS UNITED PARCEL SERVICE INC   2024-04-18 2025-01-02
521 SHS UNITED PARCEL SERVICE INC   2024-05-28 2025-01-02
1384 SHS UNITED PARCEL SERVICE INC   2024-07-23 2025-01-02
KKR INFRASTRUCTURE CONGLOMERATE LLC K-1 P 2024-01-01 2025-12-31
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 79,370   86,730 -7,360
b 85,610   92,011 -6,401
c 20,410   20,951 -541
d 192,588   131,114 61,474
e 13,898   10,667 3,231
499,138   489,820 9,318
993,065   1,220,504 -227,439
192,408   58,258 134,150
126,736   61,590 65,146
59,335   20,908 38,427
309,350   169,295 140,055
258,271   323,158 -64,887
115,067   145,476 -30,409
119,537   146,491 -26,954
41,386   40,735 651
102,447   100,532 1,915
184,003   176,558 7,445
196,684   182,744 13,940
147,350   148,379 -1,029
45,853   46,079 -226
706,354   705,280 1,074
471,199   531,341 -60,142
552,820   569,542 -16,722
738,663   754,918 -16,255
164,614   173,351 -8,737
145,314   149,792 -4,478
104,817   108,643 -3,826
94,335   97,874 -3,539
3,335   3,438 -103
412,612   463,002 -50,390
223,612   249,386 -25,774
155,999   101,977 54,022
349,823   229,524 120,299
268,263   47,467 220,796
48,999   8,913 40,086
54,834   69,861 -15,027
59,753   59,083 670
34,894   25,214 9,680
81,420   69,387 12,033
64,048   50,053 13,995
118,580   98,162 20,418
130,060   94,905 35,155
193,656   143,530 50,126
157,178   165,717 -8,539
97,806   101,893 -4,087
159,557   176,008 -16,451
98,957   96,843 2,114
33,380   19,453 13,927
50,661   30,607 20,054
88,407   56,140 32,267
15,371   8,408 6,963
65,214   35,642 29,572
211,740   108,997 102,743
24,748   25,065 -317
17,379   14,307 3,072
275,974   179,649 96,325
9,279   6,876 2,403
37,183   26,482 10,701
12,895   9,284 3,611
373,803   396,268 -22,465
119,344   129,058 -9,714
62,103   69,668 -7,565
44,785   47,743 -2,958
10,181   11,932 -1,751
65,624   66,253 -629
80,763   81,149 -386
72,960   72,564 396
243,522   264,575 -21,053
419,530   480,213 -60,683
237,683   210,059 27,624
414,884   385,206 29,678
116,083   131,606 -15,523
103,951   118,052 -14,101
43,604   44,991 -1,387
39,819   41,042 -1,223
138,868   135,978 2,890
206,712   203,641 3,071
332,355   356,736 -24,381
176,051   86,831 89,220
31,972   16,603 15,369
28,235   20,456 7,779
97,636   108,627 -10,991
106,579   114,800 -8,221
43,668   45,163 -1,495
41,509   42,890 -1,381
54,215   46,412 7,803
93,750   79,599 14,151
177,631   146,881 30,750
146,972   150,394 -3,422
59,041   60,492 -1,451
48,670   49,839 -1,169
66,270   66,523 -253
12,776   11,334 1,442
67,599   53,054 14,545
53,839   21,955 31,884
251,187   211,413 39,774
105,744   59,707 46,037
130,886   71,497 59,389
593,792   500,863 92,929
223,937   113,327 110,610
259,282   134,172 125,110
1,234,895   1,047,069 187,826
555,709   249,695 306,014
1,243,236   635,767 607,469
94,940   102,094 -7,154
151,682   91,300 60,382
278,780   165,868 112,912
228,029   284,416 -56,387
242,314   290,638 -48,324
374,479   415,957 -41,478
214,944   255,839 -40,895
147,704   167,347 -19,643
60,067   67,174 -7,107
59,156   64,948 -5,792
115,555   124,383 -8,828
59,976   85,953 -25,977
55,171   67,717 -12,546
57,735   69,014 -11,279
28,141   31,685 -3,544
175,437   174,152 1,285
46,023   41,860 4,163
87,741   79,867 7,874
43,813   34,885 8,928
48,229   38,682 9,547
121,990   102,668 19,322
551,961   578,258 -26,297
466,798   489,037 -22,239
270,636   283,530 -12,894
104,559   109,540 -4,981
119,029   124,700 -5,671
215,647   225,921 -10,274
59,266   62,090 -2,824
210,707   289,296 -78,589
95,815   165,331 -69,516
102,531   170,942 -68,411
112,297   172,322 -60,025
125,428   171,633 -46,205
129,602   175,176 -45,574
92,868   138,376 -45,508
66,387   96,888 -30,501
55,700   82,018 -26,318
67,965   89,571 -21,606
52,269   70,512 -18,243
26,792   41,653 -14,861
32,914   46,721 -13,807
46,311   58,314 -12,003
13,688   17,719 -4,031
525,181   519,609 5,572
144,952   141,140 3,812
8,956   8,601 355
100,726   97,280 3,446
238,362   232,956 5,406
523,613   678,619 -155,006
333,986   393,434 -59,448
182,831   236,807 -53,976
117,069   147,271 -30,202
123,962   149,022 -25,060
72,868   90,561 -17,693
139,687   153,525 -13,838
100,168   111,872 -11,704
38,714   49,372 -10,658
64,186   70,372 -6,186
50,414   56,558 -6,144
15,990   20,408 -4,418
20,106   24,492 -4,386
72,756   77,083 -4,327
13,307   16,906 -3,599
17,801   21,021 -3,220
13,154   15,395 -2,241
2,970   3,795 -825
230   293 -63
57,730   72,052 -14,322
29,341   35,742 -6,401
32,164   40,409 -8,245
64,122   76,172 -12,050
106,153   125,326 -19,173
175,373   225,501 -50,128
581   754 -173
126,808   134,030 -7,222
47,150   44,145 3,005
79,322   71,859 7,463
66,725   59,018 7,707
85,109   72,622 12,487
429,460   397,599 31,861
65,908   59,868 6,040
39,914   40,655 -741
50,982   47,046 3,936
20,460   19,614 846
169,878   152,031 17,847
9,702   8,566 1,136
536,245   675,084 -138,839
279,836   368,112 -88,276
110,344   184,583 -74,239
232,181   305,892 -73,711
102,450   171,650 -69,200
356,483   409,563 -53,080
143,778   182,877 -39,099
213,307   240,111 -26,804
98,066   118,994 -20,928
71,717   91,845 -20,128
42,373   60,501 -18,128
36,568   47,919 -11,351
190,650   191,614 -964
49,868   50,356 -488
137,957   138,196 -239
116,339   114,400 1,939
165,514   162,102 3,412
244,226   224,607 19,619
367,348   395,730 -28,382
163,837   168,619 -4,782
68,294   66,387 1,907
88,431   85,893 2,538
47,729   44,658 3,071
305,994   283,407 22,587
21,079   20,484 595
7,969   7,655 314
17,285,326   162,277 17,123,049
7,842,986   73,631 7,769,355
14,967,672   122,746 14,844,926
5,182,045   39,532 5,142,513
33,173,566   253,068 32,920,498
41,795,967   317,248 41,478,719
476,442   559,295 -82,853
258,078   307,602 -49,524
248,169   243,619 4,550
331,910   314,425 17,485
74,031   33,907 40,124
132,460   148,654 -16,194
242,881   250,451 -7,570
152,717   272,282 -119,565
65,230   107,112 -41,882
163,773   203,522 -39,749
79,650   112,591 -32,941
24,010   36,134 -12,124
107,167   108,658 -1,491
67,592   66,096 1,496
49,343   47,161 2,182
375,577   469,076 -93,499
446,521   505,591 -59,070
442,337   491,624 -49,287
373,916   410,467 -36,551
271,857   295,068 -23,211
293,486   314,921 -21,435
122,939   126,722 -3,783
55,160   53,096 2,064
67,851   64,247 3,604
141,772   133,408 8,364
325,074   354,235 -29,161
392,043   386,330 5,713
239,214   236,456 2,758
299,106   302,887 -3,781
236,540   230,664 5,876
326,556   318,676 7,880
102,756   107,144 -4,388
59,407   37,098 22,309
68,293   29,916 38,377
44,578   19,988 24,590
207,198   117,879 89,319
185,305   424,011 -238,706
255,911   425,254 -169,343
96,797   205,690 -108,893
480,437   567,707 -87,270
340,400   342,104 -1,704
34,986   35,360 -374
71,571   67,099 4,472
398,277   391,769 6,508
385,605   373,467 12,138
457,499   444,503 12,996
397,027   381,391 15,636
321,919   304,696 17,223
618,879   576,171 42,708
151,135   157,972 -6,837
472,604   474,045 -1,441
22,427   22,620 -193
76,067   74,122 1,945
64,625   61,606 3,019
400,931   380,871 20,060
144,477   109,180 35,297
178,130   140,056 38,074
31,672   24,901 6,771
50,620   36,839 13,781
16,568   12,610 3,958
377,133   410,424 -33,291
343,112   276,189 66,923
28,812   10,353 18,459
413,965   298,502 115,463
831,600   442,180 389,420
741,372   210,164 531,208
191,066   54,837 136,229
29,421   7,760 21,661
934,257   595,742 338,515
281,072   380,211 -99,139
266,472   354,890 -88,418
54,242   53,659 583
54,435   53,089 1,346
116,702   114,614 2,088
186,995   181,113 5,882
239,345   292,709 -53,364
332,124   363,956 -31,832
477,303   468,268 9,035
926,910   738,115 188,795
608,631   579,159 29,472
361,037   264,381 96,656
401,893   536,753 -134,860
205,654   229,987 -24,333
118,871   139,884 -21,013
123,373   138,927 -15,554
53,505   60,261 -6,756
36,622   40,441 -3,819
404,524   345,109 59,415
583,037   597,630 -14,593
538,768   550,070 -11,302
27   3,187 -3,160
128   10,599 -10,471
530   28,803 -28,273
479   25,707 -25,228
207   10,985 -10,778
74   4,341 -4,267
198   11,307 -11,109
39   2,057 -2,018
39   2,074 -2,035
26   1,476 -1,450
52,854   52,842 12
61,000   59,949 1,051
353,089   351,990 1,099
60,000   60,021 -21
31,000   31,000 0
126,939   126,939 0
145,913   145,913 0
38,000   38,000 0
202,536   202,536 0
21,806   21,806 0
69,060   33,773 35,287
6,533   3,831 2,702
42,990   30,624 12,366
68,244   44,267 23,977
24,613   28,822 -4,209
71,704   81,320 -9,616
65,425   71,202 -5,777
173,797   177,602 -3,805
    137,762 -137,762
55,080     55,080
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       -7,360
b       -6,401
c       -541
d       61,474
e       3,231
      9,318
      -227,439
      134,150
      65,146
      38,427
      140,055
      -64,887
      -30,409
      -26,954
      651
      1,915
      7,445
      13,940
      -1,029
      -226
      1,074
      -60,142
      -16,722
      -16,255
      -8,737
      -4,478
      -3,826
      -3,539
      -103
      -50,390
      -25,774
      54,022
      120,299
      220,796
      40,086
      -15,027
      670
      9,680
      12,033
      13,995
      20,418
      35,155
      50,126
      -8,539
      -4,087
      -16,451
      2,114
      13,927
      20,054
      32,267
      6,963
      29,572
      102,743
      -317
      3,072
      96,325
      2,403
      10,701
      3,611
      -22,465
      -9,714
      -7,565
      -2,958
      -1,751
      -629
      -386
      396
      -21,053
      -60,683
      27,624
      29,678
      -15,523
      -14,101
      -1,387
      -1,223
      2,890
      3,071
      -24,381
      89,220
      15,369
      7,779
      -10,991
      -8,221
      -1,495
      -1,381
      7,803
      14,151
      30,750
      -3,422
      -1,451
      -1,169
      -253
      1,442
      14,545
      31,884
      39,774
      46,037
      59,389
      92,929
      110,610
      125,110
      187,826
      306,014
      607,469
      -7,154
      60,382
      112,912
      -56,387
      -48,324
      -41,478
      -40,895
      -19,643
      -7,107
      -5,792
      -8,828
      -25,977
      -12,546
      -11,279
      -3,544
      1,285
      4,163
      7,874
      8,928
      9,547
      19,322
      -26,297
      -22,239
      -12,894
      -4,981
      -5,671
      -10,274
      -2,824
      -78,589
      -69,516
      -68,411
      -60,025
      -46,205
      -45,574
      -45,508
      -30,501
      -26,318
      -21,606
      -18,243
      -14,861
      -13,807
      -12,003
      -4,031
      5,572
      3,812
      355
      3,446
      5,406
      -155,006
      -59,448
      -53,976
      -30,202
      -25,060
      -17,693
      -13,838
      -11,704
      -10,658
      -6,186
      -6,144
      -4,418
      -4,386
      -4,327
      -3,599
      -3,220
      -2,241
      -825
      -63
      -14,322
      -6,401
      -8,245
      -12,050
      -19,173
      -50,128
      -173
      -7,222
      3,005
      7,463
      7,707
      12,487
      31,861
      6,040
      -741
      3,936
      846
      17,847
      1,136
      -138,839
      -88,276
      -74,239
      -73,711
      -69,200
      -53,080
      -39,099
      -26,804
      -20,928
      -20,128
      -18,128
      -11,351
      -964
      -488
      -239
      1,939
      3,412
      19,619
      -28,382
      -4,782
      1,907
      2,538
      3,071
      22,587
      595
      314
      17,123,049
      7,769,355
      14,844,926
      5,142,513
      32,920,498
      41,478,719
      -82,853
      -49,524
      4,550
      17,485
      40,124
      -16,194
      -7,570
      -119,565
      -41,882
      -39,749
      -32,941
      -12,124
      -1,491
      1,496
      2,182
      -93,499
      -59,070
      -49,287
      -36,551
      -23,211
      -21,435
      -3,783
      2,064
      3,604
      8,364
      -29,161
      5,713
      2,758
      -3,781
      5,876
      7,880
      -4,388
      22,309
      38,377
      24,590
      89,319
      -238,706
      -169,343
      -108,893
      -87,270
      -1,704
      -374
      4,472
      6,508
      12,138
      12,996
      15,636
      17,223
      42,708
      -6,837
      -1,441
      -193
      1,945
      3,019
      20,060
      35,297
      38,074
      6,771
      13,781
      3,958
      -33,291
      66,923
      18,459
      115,463
      389,420
      531,208
      136,229
      21,661
      338,515
      -99,139
      -88,418
      583
      1,346
      2,088
      5,882
      -53,364
      -31,832
      9,035
      188,795
      29,472
      96,656
      -134,860
      -24,333
      -21,013
      -15,554
      -6,756
      -3,819
      59,415
      -14,593
      -11,302
      -3,160
      -10,471
      -28,273
      -25,228
      -10,778
      -4,267
      -11,109
      -2,018
      -2,035
      -1,450
      12
      1,051
      1,099
      -21
      0
      0
      0
      0
      0
      0
      35,287
      2,702
      12,366
      23,977
      -4,209
      -9,616
      -5,777
      -3,805
      -137,762
      55,080
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 2 120,471,666
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 1,716,062
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 1,716,062
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 1,716,062
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 1,750,801
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,750,801
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 1,267
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 33,472
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax33,472 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
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)
WA
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 ofTHE TSCHETTER GROUP Telephone no. (425) 998-9960

Located at2155 112TH AVE NEBELLEVUEWA ZIP+498004
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
NEIL KONZEN DIRECTOR
2.00 		0 0 0
1420 NW GILMAN BLVD 2154
ISSAQUAH,WA98027
HEATHER TUININGA SECRETARY, EXECUTIVE DIRECTOR
20.00 		62,325 0 0
1420 NW GILMAN BLVD 2154
ISSAQUAH,WA98027
TOMMASO KONZEN DIRECTOR
2.00 		0 0 0
1420 NW GILMAN BLVD 2154
ISSAQUAH,WA98027
SAMUELE KONZEN DIRECTOR
2.00 		0 0 0
1420 NW GILMAN BLVD 2154
ISSAQUAH,WA98027
THE TSCHETTER GROUP TREASURER
40.00 		851,580 0 0
1420 NW GILMAN BLVD 2154
ISSAQUAH,WA98027
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
160,242,116
b
Average of monthly cash balances.......................
1b
830,291
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
161,072,407
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
161,072,407
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
2,416,086
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
158,656,321
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
7,932,816
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
7,932,816
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
1,716,062
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
1,716,062
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
6,216,754
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
6,216,754
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
6,216,754
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
8,459,226
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
8,459,226
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 6,216,754
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2025:
a From 2020...... 2
b From 2021...... 39,843
c From 2022...... 148,379
d From 2023...... 89,925
e From 2024...... 1,923,936
f Total of lines 3a through e ........ 2,202,085
4Qualifying distributions for 2025 from Part
XI, line 4: $ 8,459,226
a Applied to 2024, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions) ..... 		0
c Treated as distributions out of corpus (Election
required—see instructions) ........ 		0
d Applied to 2025 distributable amount..... 6,216,754
e Remaining amount distributed out of corpus 2,242,472
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 4,444,557
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2024. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2025. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2026 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2020 not
applied on line 5 or line 7 (see instructions) ... 		2
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		4,444,555
10 Analysis of line 9:
a Excess from 2021 .... 39,843
b Excess from 2022 .... 148,379
c Excess from 2023 .... 89,925
d Excess from 2024 .... 1,923,936
e Excess from 2025 .... 2,242,472
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).)
NEIL KONZEN
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

WASHINGTON TRAILS ASSOCIATION

705 2ND AVE SUITE 300
SEATTLE,WA98104 		NONE   OPERATING 175,000

NATIONAL PARK FOUNDATION

1500 K STREET NW SUITE 700
WASHINGTON,DC20005 		NONE   OPERATING 150,000

THE NATURE CONSERVANCY

74 WALL STREET
SEATTLE,WA98121 		NONE   OPERATING 250,000

WORLD VISION FOUNDATION

PO BOX 9716
FEDERAL WAY,WA98063 		NONE   OPERATING 200,000

MARY'S PLACE SEATTLE

PO BOX 1711
SEATTLE,WA98111 		NONE   OPERATING 100,000

ALASKA WILDERNESS LEAGUE

122 C ST NW STE 650
WASHINGTON,DC20001 		NONE   OPERATING 75,000

DOCTORS WITHOUT BORDERS

40 RECTOR ST 16TH FLOOR
NEW YORK,NY10006 		NONE   OPERATING 180,000

MOTORCYCLE MISSIONS

654 CO RD 234
GEORGETOWN,TX78633 		NONE   OPERATING 25,000

INTERNATIONAL RESCUE COMMITTEE

122 EAST 42ND STREET
NEW YORK,NY10168 		NONE   OPERATING 75,000

ACCESS FUND

PO BOX 17010
BOULDER,CO80308 		NONE   OPERATING 60,000

AGROS INERNATIONAL

4719 16TH AVE NE
SEATTLE,WA98105 		NONE   OPERATING 260,000

ALL KIDS NEED MUSIC

PO BOX 568
KEANSBURG,NJ07734 		NONE   OPERATING 20,000

AMERICAN HUMANE

1400 16TH ST NW SUITE 360
WASHINGTON,DC20036 		NONE   OPERATING 150,000

AMERICAN RIVERS

1101 14TH ST NW SUITE 1400
WASHINGTON,DC20005 		NONE   OPERATING 50,000

BELLEVUE SCHOOLS FOUNDATION

12241 MAIN ST BLDG 5
BELLEVUE,WA98005 		NONE   OPERATING 110,000

BRIDGE RECEIVING CENTER

PO BOX 2930
WOODINVILLE,WA98072 		NONE   OPERATING 100,000

CHIMPANZEE SANCTUARY NORTHWEST

PO BOX 952
CLE ELUM,WA98922 		NONE   OPERATING 50,000

CHISPA PROJECT

10556 COMBIE RD SUITE 6643
AUBURN,CA95602 		NONE   OPERATING 43,500

CONSERVATION INTERNATIONAL

PO BOX 418608
BOSTON,MA02241 		NONE   OPERATING 25,000

EASTSIDE FRIENDS OF SENIORS

1121 228TH AVE SE
SAMMAMISH,WA98075 		NONE   OPERATING 50,000

FOOD LIFELINE

815 S 96TH ST
SEATTLE,WA98108 		NONE   OPERATING 150,000

GOOD FOOD INSTITUTE

PO BOX 96503 PMB 42019
WASHINGTON,DC200906503 		NONE   OPERATING 65,000

HOMAGE SENIOR SERVICES

5026 196TH ST SW
LYNNWOOD,WA98036 		NONE   OPERATING 80,000

HONNOLD FOUNDATION

159 W BROADWAY STE 200
SALT LAKE CITY,UT84101 		NONE   OPERATING 100,000

HUNGRY FOR MUSIC

24065 SENEDO ROAD
WOODSTOCK,VA22664 		NONE   OPERATING 25,000

LAHAI HEALTH

19820 SCRIBER LAKE RD SUITE 2
LYNNWOOD,WA98036 		NONE   OPERATING 100,000

LEMAY AMERICAS CAR MUSEUM

2702 E D ST
TACOMA,WA98421 		NONE   OPERATING 9,600

MISSION FLIGHT

4233 SANTA ANITA AVE STE 2
EL MONTE,CA91731 		NONE   OPERATING 227,000

MOUNTAIN TO SOUND GREENWAY

2701 1ST AVE STE 240
SEATTLE,WA98121 		NONE   OPERATING 650,000

NATIONAL DOMESTIC VIOLENCE HOTLINE

PO BOX 90249
AUSTIN,TX78709 		NONE   OPERATING 225,000

NEW STORY

245 N HIGHLAND AVE 230-610
ATLANTA,GA30307 		NONE   OPERATING 250,000

NORTHWEST FAMILY LIFE

12360 LAKE CITY WAY NE SUITE 420
SEATTLE,WA98125 		NONE   OPERATING 200,000

PLANT WITH PURPOSE

5075 SHOREHAM PLACE SUITE 240
SAN DIEGO,CA92122 		NONE   OPERATING 393,460

PORCHLIGHT

13668 SE EASTGATE WAY
BELLEVUE,WA98005 		NONE   OPERATING 135,000

PUGET SOUND WILDCARE

28727 216TH AVE SE
KENT,WA98042 		NONE   OPERATING 25,000

PURPOSITY

193 BLUE HERON BLF
DAWSONVILLE,GA30534 		NONE   OPERATING 50,000

RACING FOR KIDS

PO BOX 36461
GROSSE POINT FARMS,MI48236 		NONE   OPERATING 60,000

RAVEN ROCK RANCH

20503 NE 122ND STREET
REDMOND,WA98053 		NONE   OPERATING 75,000

SEATTLE VETERINARY OUTREACH

PO BOX 33156
SEATTLE,WA98133 		NONE   OPERATING 75,000

SEATTLE UNION GOSPEL MISSION

PO BOX 202
SEATTLE,WA98111 		NONE   OPERATING 507,500

SEATTLE CHILDRENS' HOSPITAL GUILD

PO BOX 5371 S-200
SEATTLE,WA98145 		NONE   OPERATING 395,000

SOLID GROUND WASHINGTON

1501 N 45TH ST
SEATTLE,WA98103 		NONE   OPERATING 175,000

STREET BUSINESS SCHOOL

PO BOX 20848
BOULDER,CO80308 		NONE   OPERATING 80,000

TROUT UNLIMITED

PO BOX 98166
WASHINGTON,DC20090 		NONE   OPERATING 50,000

TRUST FOR PUBLIC LAND

PO BOX 889336
LOS ANGELES,CA90088 		NONE   OPERATING 500,000

WA STATE PARKS FOUNDATION

1752 NW MARKET STREET 744
SEATTLE,WA98107 		NONE   OPERATING 100,000

INTERNATIONAL FUND FOR ANIMAL WELFARE

1400 16TH ST NW SUITE 360
WASHINGTON,DC20036 		NONE   OPERATING 80,000

FRED HUTCHINSON CANCER CENTER

1100 FAIRVIEW AVENUE NORTH
SEATTLE,WA98109 		NONE   OPERATING 60,000

JUBILEE REACH

14200 SE 13TH PL
BELLEVUE,WA98007 		NONE   OPERATING 150,000

SEATTLE HUMANE SOCIETY

13212 SE EASTGATE WAY
BELLEVUE,WA98005 		NONE   OPERATING 80,000

WILD ANIMAL INITIATIVE

5123 WEST 98TH ST 1204
MINNEAPOLIS,MN55437 		NONE   OPERATING 30,000

ANIMAL CHARITY EVALUATORS

440 N BARRANCA AVE 3480
COVINA,CA91723 		NONE   OPERATING 25,000

CANOPY PLANET FOUNDATION

1733 H STREET SUITE 450
BLAINE,WA98320 		NONE   OPERATING 75,000

THE MORE WE LOVE

218 MAINE ST PMB 754
KIRKLAND,WA98033 		NONE   OPERATING 150,000

CLEAN WASHINGTON WATERS

2501 N NORTHLAKE WAY
SEATTLE,WA98103 		NONE   OPERATING 105,000

CLIMBING FOR CHANGE

795 ASHFIELD DR
FAYETTEVILLE,NC28311 		NONE   OPERATING 20,000

THE WILD ANIMAL SANCTUARY

1946 WCR 53
KEENESBURG,CO80643 		NONE   OPERATING 40,000

FSC INVESTMENTS & PARNTERSHIPS

PO BOX 31831
SEATTLE,WA98103 		NONE   OPERATING 166,780

CONSERVIATION NORTHWEST

1829 10TH AVE W B
SEATTLE,WA98119 		NONE   OPERATING 50,000

TREEHOUSE

2100 24TH AVE SOUTH 200
SEATTLE,WA98144 		NONE   OPERATING 25,000

WASHINGTON WATER TRUST

1500 WESTLAKE AVE N 202
SEATTLE,WA98109 		NONE   OPERATING 50,000

CALIFORNIA SUSTAINABLE WINEGROWING ALLIANCE

915 L STREET SUITE 1190
SACRAMENTO,CA95814 		NONE   OPERATING 35,000

REDEEM INTERNATIONAL

PO BOX 2991
MERRIFIELD,VA22116 		NONE   OPERATING 50,000

SKY HIGH FARM

675 HALL HILL ROAD
PINE PLAINS,NY12567 		NONE   OPERATING 25,000

UPSTATE FILMS

6415 MONTGOMERY ST
RHINEBECK,NY12572 		NONE   OPERATING 50,000

EARSHOT JAZZ

3417 FREMONT AVE N 221
SEATTLE,WA98103 		NONE   OPERATING 10,000

THE BRICK HOUSE COMMUNITY RESOURCE CENTER

24 THIRD STREET PO BOX 135
TURNERS FALLS,MA01376 		NONE   OPERATING 10,000

THE PARLOR ROOM

32 MASONIC ST
NORTHHAMPTON,MA01060 		NONE   OPERATING 100,000

THE DAVID SHELDRICK WILDLIFE TRUST USA INC

25283 CABOT ROAD STE 101
LAGUNA HILLS,CA92653 		NONE   OPERATING 150,000
Total ................................. 3a 8,387,840
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 ........... 		    14 189,911  
4 Dividends and interest from securities ....     14 5,348,580  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 2,653,312  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aNET INCOME (OR LOSSES) FROM PASSTHRU ENTITIES 		    16 -435,178  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 7,756,625 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
7,756,625
(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
KONZEN FAMILY FOUNDATION
 
Employer identification number

85-3910161
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
KONZEN FAMILY FOUNDATION
  		Employer identification number
85-3910161
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
NEIL KONZEN
1420 NW GILMAN BLVD 2154
 
ISSAQUAH, WA98027

$ 150,148,179


(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.)
(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
KONZEN FAMILY FOUNDATION
  		Employer identification number

85-3910161
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
 61,275 SHARES OF MICROSOFT CORPORATION STOCK $ 25,148,179 2025-02-12
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 53,148 SHARES OF MICROSOFT CORPORATION STOCK $ 24,999,756 2025-06-06
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 197,972 SHARES OF MICROSOFT CORPORATION STOCK $ 99,999,617 2025-09-02
(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
KONZEN FAMILY FOUNDATION
  		Employer identification number

85-3910161
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:
KONZEN FAMILY FOUNDATION
EIN:
85-3910161
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 25,945 12,973   12,972

TY 2025 InvestmentsCorpBondsSchedule
Name:
KONZEN FAMILY FOUNDATION
EIN:
85-3910161
Name of Bond End of Year Book Value End of Year Fair Market Value
CHARLES SCHWAB BOND FUNDS 53,517,677 53,643,229

TY 2025 InvestmentsCorpStockSchedule
Name:
KONZEN FAMILY FOUNDATION
EIN:
85-3910161
Name of Stock End of Year Book Value End of Year Fair Market Value
CHARLES SCHWAB MUTUAL FUNDS 2,783,619 2,948,061
CHARLES SCHWAB EXCHANGE TRADED FUNDS 79,550 81,927
CHARLES SCHWAB EQUITIES 118,346,635 128,472,619

TY 2025 InvestmentsOtherSchedule2
Name:
KONZEN FAMILY FOUNDATION
EIN:
85-3910161
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
CHARLES SCHWAB OTHER ASSETS AT COST 1,381,652 1,576,218
CHARLES SCHWAB ALTERNATIVE INVESTMENTS AT COST 63,379,554 63,007,352
INVESTMENT IN TG PRIVATE MARKET OPPORTUNITIES FUND LP AT COST 2,047,242 2,047,242

TY 2025 LegalFeesSchedule
Name:
KONZEN FAMILY FOUNDATION
EIN:
85-3910161
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 4,824 0   4,824


TY 2025 OtherAssetsSchedule
Name:
KONZEN FAMILY FOUNDATION
EIN:
85-3910161
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
DIVIDENDS AND GAIN RECIEVABLE 115,701 259,387 259,387


TY 2025 OtherExpensesSchedule
Name:
KONZEN FAMILY FOUNDATION
EIN:
85-3910161
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BANK FEES 33 0   33
ADVERTISING 476 0   476
MEALS 32 0   32
OFFICE SUPPLIES 54 0   54
POSTAGE 399 0   399
SOFTWARE 123 0   123
FR K-1: PORTFOLIO DEDUCTIONS 298,355 298,355   0
FR K-1: INVESTMENT INTEREST EXPENSE 5,749 5,749   0


TY 2025 OtherIncomeSchedule2
Name:
KONZEN FAMILY FOUNDATION
EIN:
85-3910161
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
NET INCOME (OR LOSSES) FROM PASSTHRU ENTITIES -435,178 -435,178 -435,178


TY 2025 OtherProfessionalFeesSchedule
Name:
KONZEN FAMILY FOUNDATION
EIN:
85-3910161
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
MANAGEMENT FEES 851,580 851,580   0
ADR FEES 484 484   0


TY 2025 SubstantialContributorsSch
Name:
KONZEN FAMILY FOUNDATION
EIN:
85-3910161
Name Address
NEIL KONZEN 1420 NW GILMAN BLVD 2154
ISSAQUAH,WA98027


TY 2025 TaxesSchedule
Name:
KONZEN FAMILY FOUNDATION
EIN:
85-3910161
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES PAID 8,839 8,839   0
FEDERAL INCOME TAX PAID 2,649,045 0   0