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
VALLEY QUEEN CHARITABLE FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address) 201 SOUTH DAKOTA STREET
  Room/suite
City or town
MILBANK
State or province
SD
Country  
ZIP or foreign postal code
57252
A Employer identification number

82-2581817
B Telephone number (see instructions)

6054324563
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)$1,960,465J 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) 492,974
2 Check .................
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 65,404 65,404  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 69,395
b Gross sales price for all assets on line 6a 207,499
7 Capital gain net income (from Part IV, line 2)... 69,395
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 627,773 134,799  
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
8,435 6,326   2,109
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
15,631 15,631   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
2,916 367   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,710 0   1,710
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 28,692 22,324   3,819
25 Contributions, gifts, grants paid....... 520,839 556,339
26 Total expenses and disbursements. Add lines 24 and 25 ................ 549,531 22,324   560,158
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 78,242
b Net investment income (if negative, enter -0-) 112,475
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............. 324,064 307,380 307,380
2 Savings and temporary cash investments.........      
3 Accounts receivable  
Less: allowance for doubtful accounts   2,750    
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).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,414,140 Click to see attachment
List of Attached Documents:
// Content
1,474,121 		1,653,085
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) 1,740,954 1,781,501 1,960,465
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable................. 293,500 258,000
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)......... 293,500 258,000
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 1,447,454 1,523,501
29 Total net assets or fund balances (see instructions)..... 1,447,454 1,523,501
30 Total liabilities and net assets/fund balances (see instructions). 1,740,954 1,781,501
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
1,447,454
2
Enter amount from Part I, line 27a .....................
2
78,242
3
Other increases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
3
2,750
4
Add lines 1, 2, and 3 ..........................
4
1,528,446
5
Decreases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
5
4,945
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
1,523,501
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 EDWARD JONES      
b CAPITAL GAINS DIVIDENDS P    
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 161,471   138,104 23,367
b 46,028     46,028
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       23,367
b       46,028
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 69,395
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 1,563
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 1,563
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 1,563
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 1,560
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 1,560
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed....... 9 3
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10  
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax   Refunded 11  
For Refunded amount, also complete and attach Form 8050. See instructions.
Form 990-PF (2025)
Form 990-PF (2025)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. $ 0(2) On foundation managers.$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
SD
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2025 or the taxable year beginning in 2025? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressN/A
14
The books are in care ofBRITTNEY PAULI Telephone no. (605) 432-9663

Located at201 SOUTH DAKOTA STREETMILBANKSD ZIP+457252
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)
Yes
 
(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
 
No
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
DOUG WILKE PRESIDENT
1.00 		0 0 0
201 SOUTH DAKOTA STREET
MILBANK,SD57252
KENNETH KARELS VICE PRESIDENT
1.00 		0 0 0
201 SOUTH DAKOTA STREET
MILBANK,SD57252
JODY KUPER SECRETARY/TREASURER
1.00 		0 0 0
201 SOUTH DAKOTA STREET
MILBANK,SD57252
TRUDI ROBEL DIRECTOR
1.00 		0 0 0
201 SOUTH DAKOTA STREET
MILBANK,SD57252
KRISTIN TANNER DIRECTOR
1.00 		0 0 0
201 SOUTH DAKOTA STREET
MILBANK,SD57252
BRAD SNAZA DIRECTOR (UNTIL FEB 2025)
1.00 		0 0 0
201 SOUTH DAKOTA STREET
MILBANK,SD57252
TOM SCHUNEMAN DIRECTOR
1.00 		0 0 0
201 SOUTH DAKOTA STREET
MILBANK,SD57252
JASON HUMPTON DIRECTOR (AS OF FEB 2025)
1.00 		0 0 0
201 SOUTH DAKOTA STREET
MILBANK,SD57252
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
1,616,021
b
Average of monthly cash balances.......................
1b
325,320
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
1,941,341
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
1,941,341
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
29,120
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
1,912,221
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
95,611
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
95,611
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
1,563
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
1,563
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
94,048
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
94,048
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
94,048
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
560,158
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
560,158
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 94,048
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...... 364,355
b From 2021...... 1,376,864
c From 2022...... 716,028
d From 2023...... 670,720
e From 2024...... 653,080
f Total of lines 3a through e ........ 3,781,047
4Qualifying distributions for 2025 from Part
XI, line 4: $ 560,158
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..... 94,048
e Remaining amount distributed out of corpus 466,110
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 4,247,157
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) ... 		364,355
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		3,882,802
10 Analysis of line 9:
a Excess from 2021 .... 1,376,864
b Excess from 2022 .... 716,028
c Excess from 2023 .... 670,720
d Excess from 2024 .... 653,080
e Excess from 2025 .... 466,110
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).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, 2b, 2c, and 2d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
VALLEY QUEEN CHARITABLE FOUNDATION
201 SOUTH DAKOTA STREET
MILBANK,SD57252
(605) 432-4563
bThe form in which applications should be submitted and information and materials they should include:
APPLICATION CAN BE REQUESTED BY CALLING 605-432-4563.
cAny submission deadlines:
NONE - ACCEPTING APPLICATIONS YEAR ROUND
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
ORGANIZATIONS THAT QUALIFY AS EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986 THAT ARE NOT PRIVATE FOUNDATIONS ARE ELIGIBLE FOR AWARDS. ALL GRANTS, WITH THE POSSIBLE EXCEPTION OF INDIVIDUAL SCHOLARSHIPS FOR POST-SECONDARY COLLEGE AND TECHNICAL SCHOOL TUITION, WILL BE MADE TO 501(C)(3) ORGANIZATIONS. THE FOUNDATION RESERVES THE RIGHT TO DETERMINE WHICH ORGANIZATIONS AND INDIVIDUALS WILL RECEIVE FUNDING AND MAY REQUIRE FOLLOW-UP REPORTS FROM THE GRANT RECIPIENTS CONFIRMING THE FUNDS WERE UTILIZED AS GRANTED.
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

ABBEY OF THE HILLS INN AND RETREAT CENTER

PO BOX 38
MARVIN,SD57251 		NONE   DONATION 28,100

ALPHA GAMMA RHO EDUCATIONAL FOUNDATION OF ALPHA PHI CHAPTER

1929 8TH ST
BROOKINGS,SD57006 		NONE   DONATION 1,000

AMERICAN LUTHERAN CHURCH-PRESCHOOL

401 S FLYNN DR
MILBANK,SD57252 		NONE   DONATION 6,500

AMERICAN HEART ASSOCIATION INC

7272 GREENVILLE AVE
DALLAS,TX75231 		NONE   DONATION 150

AMERICAS MIGHTY WARRIORS

PO BOX 8114
SURPRISE,AZ85374 		NONE   DONATION 321

AVERA AT HOME

901 S DAKOTA ST SUITE 1A
MILBANK,SD57252 		NONE   DONATION 1,600

AVERA HEALTH

3900 W AVERA DRIVE
SIOUX FALLS,SD57108 		NONE   DONATION 200

BACKYARD BULLDOGS CHILD CARE

1213 S DAKOTA ST
MILBANK,SD57252 		NONE   DONATION 3,000

BEACON CENTER

PO BOX 781
WATERTOWN,SD57201 		NONE   DONATION 450

BIG STONE AREA GROWTH

105 2ND ST NW
ORTONVILLE,MN562781408 		NONE   DONATION 500

BIG STONE COMMUNITY HOMES INC

501 BURDICK AVE
ORTONVILLE,MN56278 		NONE   DONATION 100

BIG STONE COUNTY ANIMAL RESCUE

204 OSEN AVE
ORTONVILLE,MN56278 		NONE   DONATION 100

BIG STONE COUNTY CANCER SUPPORT GROUP INC

PO BOX 213
ORTONVILLE,MN56278 		NONE   DONATION 100

BIG STONE HEALTHCARE FOUNDATION

450 EASTVOLD AVENUE
ORTONVILLE,MN56278 		NONE   DONATION 500

BUILDING OUR FAMILIES

PO BOX 545
MILBANK,SD57252 		NONE   DONATION 30,250

BULLDOG BOOSTER CLUB

1001 E PARK AVE
MILBANK,SD57252 		NONE   DONATION 7,300

CAMP GILBERT INC

PO BOX 89406
SIOUX FALLS,SD57109 		NONE   DONATION 500

CATHOLIC FOUNDATION FOR EASTERN SOUTH DAKOTA

523 N DULUTH AVE
SIOUX FALLS,SD57104 		NONE   DONATION 3,000

CHRISTIAN SERVICE COUNCIL OF GRANT COUNTY

210 E 5TH AVE
MILBANK,SD57252 		NONE   DONATION 5,000

CITY OF MARIETTA

204 2ND ST N
MARIETTA,MN56257 		NONE   DONATION 1,000

CITY OF MILBANK

1001 E 4TH AVE STE 301
MILBANK,SD57252 		NONE   DONATION 107,750

CITY OF SUMMIT

PO BOX 770
SUMMIT,SD57266 		NONE   DONATION 750

COMMUNITY TRANSIT OF WATERTOWN SISSETON INC

205 1ST AVE NE
WATERTOWN,SD57201 		NONE   DONATION 10,000

CORONA FIRE DEPARTMENT

PO BOX 123
CORONA,SD57227 		NONE   DONATION 3,000

DAKOTA STATE UNIVERSITY FOUNDATION

820 N WASHINGTON AVE
MADISON,SD57042 		NONE   DONATION 250

DEUEL SCHOOL DISTRICT 19-4

PO BOX 770
CLEAR LAKE,SD57226 		NONE   DONATION 6,500

EAST CENTRAL CASA PROGRAM

PO BOX 281
WATERTOWN,SD57201 		NONE   DONATION 500

FATHER FLANAGANS BOYS HOME

PO BOX 5000
BOYS TOWN,NE680109989 		NONE   DONATION 100

FATTED CALF

2301 RESEARCH PARKWAY
BROOKINGS,SD57006 		NONE   DONATION 2,000

FEEDING SOUTH DAKOTA

4701 N WESTPORT AVE
SIOUX FALLS,SD57107 		NONE   DONATION 545

FELLOWSHIP OF CHRISTIAN ATHLETES

1601 E 69TH ST STE 200
SIOUX FALLS,SD57108 		NONE   DONATION 13,500

FRIENDS OF SOUTH DAKOTA PUBLIC BROADCASTING

601 N PHILLIPS AVE SUITE 100
SIOUX FALLS,SD57104 		NONE   DONATION 5,000

FRIENDS OF THE GRANT COUNTY LIBRARY

207 E PARK AVE
MILBANK,SD57252 		NONE   DONATION 1,500

GLACIAL LAKES HUMANE SOCIETY AND SHELTER

PO BOX 1701
WATERTOWN,SD57201 		NONE   DONATION 1,500

GLACIAL LAKES MULTICULTURAL CENTER INC

653 W KEMP AVE
WATERTOWN,SD57201 		NONE   DONATION 10,000

GRANT COUNTY

210 E 5TH AVE
MILBANK,SD57252 		NONE   DONATION 550

GRANT COUNTY 4-H SHOOTING SPORTS

210 E 5TH AVE
MILBANK,SD57252 		NONE   DONATION 500

GRANT COUNTY ARC

906 S 7TH ST
MILBANK,SD57252 		NONE   DONATION 1,750

GREATER MINNESOTA FAMILY SERVICES

2320 E HWY 12 SUITE 2
WILLMAR,MN56201 		NONE   DONATION 500

HELPLINE CENTER INC

3817 S ELMWOOD AVE
SIOUX FALLS,SD57105 		NONE   DONATION 100

INTER-LAKES COMMUNITY ACTION PARTNERSHIP FOUNDATION INC

111 N VAN EPS AVE
MADISON,SD57042 		NONE   DONATION 1,500

IT ONLY TAKES A SPARK

PO BOX 105
MILBANK,SD57252 		NONE   DONATION 3,005

JOY RANCH OF SOUTH DAKOTA

16633 448TH AVE
FLORENCE,SD572356203 		NONE   DONATION 11,500

JUNIOR ACHIEVEMENT OF SOUTH DAKOTA

300 S PHILLIPS AVE STE L102
SIOUX FALLS,SD57104 		NONE   DONATION 8,100

LAKE AREA TECHNICAL COLLEGE FOUNDATION

PO BOX 730
WATERTOWN,SD57201 		NONE   DONATION 20,000

LAKE AREA ZOOLOGICAL SOCIETY

PO BOX 484
WATERTOWN,SD57201 		NONE   DONATION 1,500

LEADERSHIP SOUTH DAKOTA

7001 S LYNCREST PLACE STE 200
SIOUX FALLS,SD57108 		NONE   DONATION 15,100

LIFEQUEST

804 N MENTZER
MITCHELL,SD57301 		NONE   DONATION 1,500

LUTHERANS OUTDOORS IN SOUTH DAKOTA INC

2001 S SUMMIT AVE
SIOUX FALLS,SD57197 		NONE   DONATION 1,500

MAIN STREET INDUSTRIES AND TRAINING CENTER INC

93 MAIN STREET
CLINTON,MN56225 		NONE   DONATION 100

MAKE A WISH FOUNDATION OF SOUTH DAKOTA

1400 WEST 17TH STREET
SIOUX FALLS,SD57104 		NONE   DONATION 15,000

MILBANK BALL DIAMOND ASSOCIATION

PO BOX 70
MILBANK,SD57252 		NONE   DONATION 200

MILBANK HIGH SCHOOL EDUCATION FOUNDATION

PO BOX 366
MILBANK,SD57252 		NONE   DONATION 53,348

MILBANK SCHOOL DISTRICT

1001 E PARK AVE
MILBANK,SD57252 		NONE   DONATION 88,550

NATIONAL HISTORIC CHEESEMAKING CENTER INC

PO BOX 516
MONROE,WI535660516 		NONE   DONATION 500

ORPHAN GRAIN TRAIN INC

14826 485TH AVE
BIG STONE CITY,SD57216 		NONE   DONATION 1,500

ORTONVILLE PUBLIC SCHOOL DISTRICT #2903

200 TROJAN DRIVE
ORTONVILLE,MN56278 		NONE   DONATION 3,500

PRAIRIE FIVE COMMUNITY ACTION COUNCIL INC

125 NW 2ND ST
ORTONVILLE,MN56278 		NONE   DONATION 225

ROBERTS COUNTY RESCUE INCORPORATION

417 E OAK ST
SISSETON,SD57262 		NONE   DONATION 750

ROCK RANCH

355 40TH AVE
HILLS,MN56138 		NONE   DONATION 100

SAINT LAWRENCE PARISH OF GRANT COUNTY

113 S 6TH ST
MILBANK,SD57252 		NONE   DONATION 10,700

SANFORD HEALTH FOUNDATION

PO BOX 5039
SIOUX FALLS,SD57117 		NONE   DONATION 250

SANFORD MEDICAL CENTER DBA CHILD'S VOICE

PO BOX 5039
SIOUX FALLS,SD57117 		NONE   DONATION 500

SCHOLARSHIP AMERICA INC

2860 291ST AVE
MADISON,MN56256 		NONE   DONATION 1,500

SHRINERS HOSPITALS FOR CHILDREN

PO BOX 947765
ATLANTA,GA30394 		NONE   DONATION 100

SOMEPLACE SAFE

PO BOX 815
FERGUS FALLS,MN565380815 		NONE   DONATION 500

SOUTH DAKOTA AGRICULTURAL AND RURAL LEADERSHIP FOUNDATION

132 ANIMAL SCIENCE COMPLEX BOX 2170
BROOKINGS,SD57007 		NONE   DONATION 20,000

SOUTH DAKOTA COMMUNITY FOUNDATION

PO BOX 296
PIERRE,SD57501 		NONE   DONATION 1,000

SOUTH DAKOTA DIABETES COALITION

PO BOX 169
VERMILLION,SD57069 		NONE   DONATION 1,500

SOUTH DAKOTA FFA FOUNDATION INC

39393 133RD ST
BATH,SD57427 		NONE   DONATION 750

SOUTH DAKOTA HUMANITIES COUNCIL

1215 TRAIL RIDGE RD STE A
BROOKINGS,SD57006 		NONE   DONATION 5,000

SOUTH DAKOTA STATE UNIVERSITY FOUNDATION

815 MEDARY AVENUE BOX 525
BROOKINGS,SD57007 		NONE   DONATION 10,540

SPECIAL OLYMPICS SOUTH DAKOTA INC

800 E I-90 LANE
SIOUX FALLS,SD57104 		NONE   DONATION 15,205

ST JUDE CHILDRENS RESEARCH HOSPITAL INC

501 ST JUDE PLACE
MEMPHIS,TN381051942 		NONE   DONATION 200

UND ALUMNI ASSOCIATION AND FOUNDATION

3501 UNIV AVE STOP 8157
GRAND FORKS,ND58202 		NONE   DONATION 100

VEBLEN CLUB

PO BOX 303
VEBLEN,SD57270 		NONE   DONATION 300

WATERTOWN AREA SWIM CLUB

PO BOX 601
WATERTOWN,SD57201 		NONE   DONATION 1,500

WILMOT COMMUNITY FOUNDATION

706 CHARLES STREET
WILMOT,SD57279 		NONE   DONATION 2,750

WILMOT SCHOOL DISTRICT 54-7

PO BOX 100
WILMOT,SD57279 		NONE   DONATION 500
Total ................................. 3a 556,339
bApproved for future payment

ABBEY OF THE HILLS INN AND RETREAT CENTER
PO BOX 38
MARVIN,SD57251 		NONE   DONATION 30,000

COMMUNITY TRANSIT OF WATERTOWN SISSETON INC
205 1ST AVE NE
WATERTOWN,SD57201 		NONE   DONATION 10,000

FELLOWSHIP OF CHRISTIAN ATHLETES
1601 E 69TH ST STE 200
SIOUX FALLS,SD57108 		NONE   DONATION 20,000

GLACIAL LAKES MULTICULTURAL CENTER INC
653 W KEMP AVE
WATERTOWN,SD57201 		NONE   DONATION 10,000

JOY RANCH OF SOUTH DAKOTA
16633 448TH AVE
FLORENCE,SD572356203 		NONE   DONATION 20,000

JUNIOR ACHIEVEMENT OF SOUTH DAKOTA
300 S PHILLIPS AVE STE L102
SIOUX FALLS,SD57104 		NONE   DONATION 7,500

LEADERSHIP SOUTH DAKOTA
7001 S LYNCREST PLACE STE 200
SIOUX FALLS,SD57108 		NONE   DONATION 45,000

MAKE A WISH FOUNDATION OF SOUTH DAKOTA
1400 WEST 17TH STREET
SIOUX FALLS,SD57104 		NONE   DONATION 15,000

MILBANK HIGH SCHOOL EDUCATION FOUNDATION
PO BOX 366
MILBANK,SD57252 		NONE   DONATION 40,000

MILBANK SCHOOL DISTRICT
1001 E PARK AVE
MILBANK,SD57252 		NONE   DONATION 20,000

SOUTH DAKOTA STATE UNIVERSITY FOUNDATION
815 MEDARY AVENUE BOX 525
BROOKINGS,SD57007 		NONE   DONATION 10,500

SPECIAL OLYMPICS SOUTH DAKOTA INC
800 E I-90 LANE
SIOUX FALLS,SD57104 		NONE   DONATION 30,000
Total ................................. 3b 258,000
Form 990-PF (2025)
Form 990-PF (2025)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 65,404  
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 69,395  
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) .. 0 134,799 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
134,799
(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
VALLEY QUEEN CHARITABLE FOUNDATION
 
Employer identification number

82-2581817
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
VALLEY QUEEN CHARITABLE FOUNDATION
  		Employer identification number
82-2581817
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
VALLEY QUEEN CHEESE FACTORY INC
 
201 SOUTH DAKOTA STREET
 
MILBANK, SD57252

$ 491,974


(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
VALLEY QUEEN CHARITABLE FOUNDATION
  		Employer identification number

82-2581817
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
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
VALLEY QUEEN CHARITABLE FOUNDATION
  		Employer identification number

82-2581817
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:
VALLEY QUEEN CHARITABLE FOUNDATION
EIN:
82-2581817
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 8,435 6,326   2,109

TY 2025 InvestmentsOtherSchedule2
Name:
VALLEY QUEEN CHARITABLE FOUNDATION
EIN:
82-2581817
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
BRIDGE BUILDER CORE BOND AT COST 311,869 310,009
BRIDGE BUILDER CORE PLUS BOND AT COST 395,101 388,602
BRIDGE BUILDER INTL EQUITY AT COST 112,399 142,433
BRIDGE BUILDER LARGE GROWTH AT COST 124,553 187,467
BRIDGE BUILDER LARGE VALUE AT COST 145,545 182,467
BRIDGE BUILDER SMALL/MID GROWTH AT COST 34,726 44,735
BRIDGE BUILDER SMALL/MID VALUE AT COST 49,157 56,419
HARTFORD WORLD BOND AT COST 18,074 18,220
DODGE & COX STOCK AT COST 4,215 6,494
PIMCO HIGH YIELD I AT COST 4,653 4,792
PIMCO INTL BOND (USD-HEDGED) I AT COST 4,211 4,226
PRINCIPAL MIDCAP R6 AT COST 34,123 40,733
DFA INTL SMALL COMPANY I AT COST 7,047 10,563
MFS INTERNATIONAL EQUITY R6 AT COST 16,029 17,885
NYLI MACKAY HI YLD CORP BD R6 AT COST 79,022 80,714
ISH CORE S&P 500 AT COST 47,114 58,905
ISH RS MD-C ETF AT COST 21,118 24,164
VNG GROWTH INDEX AT COST 29,115 36,083
AMRC AVNT SC ETF AT COST 13,822 15,317
MFS INTL NEW DISCOVERY R6 AT COST 9,484 9,273
ISHARES MSC EAFE AT COST 9,134 9,226
JH SMALL CAP CORE R6 AT COST 2,040 2,096
VICTORY TRIV INTL SMALL-CAP I AT COST 1,570 2,262

TY 2025 OtherDecreasesSchedule
Name:
VALLEY QUEEN CHARITABLE FOUNDATION
EIN:
82-2581817
Description Amount
TIMING DIFFERENCES 4,945


TY 2025 OtherExpensesSchedule
Name:
VALLEY QUEEN CHARITABLE FOUNDATION
EIN:
82-2581817
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BANK FEES 1,522 0   1,522
SUPPLIES 188 0   188


TY 2025 OtherIncreasesSchedule
Name:
VALLEY QUEEN CHARITABLE FOUNDATION
EIN:
82-2581817
Description Amount
REIMBURSEMENT 2,750


TY 2025 OtherProfessionalFeesSchedule
Name:
VALLEY QUEEN CHARITABLE FOUNDATION
EIN:
82-2581817
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT FEES 15,631 15,631   0


TY 2025 TaxesSchedule
Name:
VALLEY QUEEN CHARITABLE FOUNDATION
EIN:
82-2581817
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAX 367 367   0
FEDERAL INCOME TAX 2,549 0   0