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
BARBARA SAWYER CHARITABLE TRUST
C/O GLENWOOD STATE BANK
Number and street (or P.O. box number if mail is not delivered to street address) PO BOX 431
  Room/suite
City or town
GLENWOOD
State or province
IA
Country  
ZIP or foreign postal code
51534
A Employer identification number

83-6704159
B Telephone number (see instructions)

7125273157
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)$1,736,506J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check .................
3 Interest on savings and temporary cash investments 8,044 5,677  
4 Dividends and interest from securities... 31,922 31,922  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment
List of Attached Documents:
// Content
46,307
b Gross sales price for all assets on line 6a 651,981
7 Capital gain net income (from Part IV, line 2)... 390
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........ 86,273 37,989  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
4,168     4,168
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,200     1,200
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
35,043 22,570   12,473
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
928 928    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 41,339 23,498   17,841
25 Contributions, gifts, grants paid....... 57,287 57,287
26 Total expenses and disbursements. Add lines 24 and 25 ................ 98,626 23,498   75,128
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -12,353
b Net investment income (if negative, enter -0-) 14,491
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2025)
Form 990-PF (2025)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 72,673 70,064 70,064
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.......... 344 344 344
10a Investments—U.S. and state government obligations (attach schedule) 150,588 Click to see attachment
List of Attached Documents:
// Content
146,359 		137,585
b Investments—corporate stock (attach schedule)....... 562,860 Click to see attachment
List of Attached Documents:
// Content
560,810 		925,823
c Investments—corporate bonds (attach schedule)....... 99,307 Click to see attachment
List of Attached Documents:
// Content
101,062 		95,042
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 542,435 Click to see attachment
List of Attached Documents:
// Content
537,215 		507,648
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) 1,428,207 1,415,854 1,736,506
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe )    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 1,428,207 1,415,854
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 1,428,207 1,415,854
30 Total liabilities and net assets/fund balances (see instructions). 1,428,207 1,415,854
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
1,428,207
2
Enter amount from Part I, line 27a .....................
2
-12,353
3
Other increases not included in line 2 (itemize)
3
 
4
Add lines 1, 2, and 3 ..........................
4
1,415,854
5
Decreases not included in line 2 (itemize)
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
1,415,854
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.)
1a
b
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
b
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
b
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 2 390
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) 1 201
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 201
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 201
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 158
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 158
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed....... 9 43
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. $   (2) On foundation managers.$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
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 ofGRANT DEAN Telephone no. (712) 527-3157

Located atPO BOX 431GLENWOODIA ZIP+451534
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........
and enter the amount of tax-exempt interest received or accrued during the year ........
15
 
16 At any time during calendar year 2025, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country
Form 990-PF (2025)
Form 990-PF (2025)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2025? .............
1d
 
 
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2025, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2025?....................
2a
 
No
If "Yes," list the years 20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2025 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Form 4720, Schedule C, to determine
if the foundation had excess business holdings in 2025.).....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2025? ..
4b
 
No
Form 990-PF (2025)
Form 990-PF (2025)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
Yes
 
(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
 
No
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
GRANT DEAN TRUSTEE
000.00 		0 0 0
PO BOX 431
GLENWOOD,IA51534
LINDSEY SCHOMAKER SELECTION CO
000.00 		0 0 0
PO BOX 431
GLENWOOD,IA51534
KEITH TUCKER SELECTION CO
000.00 		0 0 0
PO BOX 431
GLENWOOD,IA51534
PAULINA RODENBURG SELECTION CO
000.00 		0 0 0
PO BOX 431
GLENWOOD,IA51534
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................  
Form 990-PF (2025)
Form 990-PF (2025)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1 N/A  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................  
Form 990-PF (2025)
Form 990-PF (2025)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
1,668,725
b
Average of monthly cash balances.......................
1b
21,984
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
1,690,709
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
 
3
Subtract line 2 from line 1d.........................
3
1,690,709
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
25,361
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
1,665,348
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
83,267
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
83,267
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
201
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
201
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
83,066
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
83,066
6
Deduction from distributable amount (see instructions) .................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
83,066
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
75,128
b
Program-related investments—total from Part VIII-B..................
1b
 
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
75,128
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 83,066
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 12,235
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2025:
a From 2020......  
b From 2021......  
c From 2022......  
d From 2023......  
e From 2024......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2025 from Part
XI, line 4: $ 75,128
a Applied to 2024, but not more than line 2a 12,235
b Applied to undistributed income of prior years
(Election required—see instructions) ..... 		 
c Treated as distributions out of corpus (Election
required—see instructions) ........ 		 
d Applied to 2025 distributable amount..... 62,893
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2025.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2024. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2025. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2026 .......... 		20,173
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2020 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		 
10 Analysis of line 9:
a Excess from 2021 ....  
b Excess from 2022 ....  
c Excess from 2023 ....  
d Excess from 2024 ....  
e Excess from 2025 ....  
Form 990-PF (2025)
Form 990-PF (2025)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2025, enter the date of the ruling ......
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2025 (b) 2024 (c) 2023 (d) 2022
         
b 85% (0.85) of line 2a .......          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, 3b, or 3c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
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:
LINDSEY SCHOMAKER
PO BOX 431
GLENWOOD,IA51534
(712) 527-3157
LSCHOMAKER@GLENWOODSTATEBANK.COM
bThe form in which applications should be submitted and information and materials they should include:
GRADUATE OF GLENWOOD COMMUNITY HIGH SCHOOL IN GLENWOOD, IOWA WITH A GRADE POINT AVERAGE OF AT LEAST 2.75.
cAny submission deadlines:
ANNUALLY
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
1) MUST BE A GRADUATE OF GLENWOOD COMMUNITY HIGH SCHOOL. 2) MUST BE ACCEPTED INTO A COLLEGE OR UNIVERSITY TO APPLY. 3) MUST HAVE A MINIMUM GPA OF 2.75. 4) MUST EXHIBIT A STRONG WORK ETHIC AND MORAL CHARACTER.
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

BELLEVUE UNIVERSITY

1000 GALVIN RD S
BELLEVUE,NE68005 		    SCHOLARSHIPS 14,549

IOWA STATE UNIVERSITY

2433 UNION DR
AMES,IA50011 		    SCHOLARSHIP 34,538

DORDT UNIVSERITY

700 7TH ST NE
SIOUX CENTER,IA51250 		    SCHOLARSHIP 8,200
Total ................................. 3a 57,287
bApproved for future payment
Total ................................. 3b  
Form 990-PF (2025)
Form 990-PF (2025)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 8,044  
4 Dividends and interest from securities ....     14 31,922  
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 46,307  
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) ..   86,273  
13Total. Add line 12, columns (b), (d), and (e)..................
13
86,273
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2025)
Form 990-PF (2025)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2025 AccountingFeesSchedule
Name:
BARBARA SAWYER CHARITABLE TRUST
 
C/O GLENWOOD STATE BANK
EIN:
83-6704159
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INDIRECT ACCOUNTING FEES 1,200     1,200

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2025 GainLossSaleOtherAssetsSch
Name:
BARBARA SAWYER CHARITABLE TRUST
 
C/O GLENWOOD STATE BANK
EIN:
83-6704159
Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
MORGAN STANLEY   PURCHASE     377,677 389,973     -12,296  
FHLMC 30G SD 8340 4500   PURCHASE     56 54     2  
FNMA POOL FS4377 3000   PURCHASE     34 27     7  
FNMA POOL FS6943 3000   PURCHASE     138 113     25  
FNMA POOL MA4438 2500   PURCHASE     90 72     18  
FNMA POOL MA4512 2500   PURCHASE     109 86     23  
FNMA POOL MA4600 3500   PURCHASE     111 98     13  
FNMA POOL MA5071 5000   PURCHASE     599 510     89  
MORGAN STANLEY   PURCHASE     249,934 192,572     57,362  
FHLMC 30G RA6815 2500   PURCHASE     490 430     60  
FHLMC 30G SD8267 5000   PURCHASE     525 520     5  
FHLMC 30G SD8340 4500   PURCHASE     3,556 3,479     77  
FNMA POOL FS4377 3000   PURCHASE     1,394 1,196     198  
FNMA POOL FD6943 3000   PURCHASE     4 3     1  
FNMA POOL MA4438 2500   PURCHASE     325 228     97  
FNMA POOL MA4512 2500   PURCHASE     257 206     51  
FNMA POOL MA4600 3500   PURCHASE     776 685     91  
FNMA POOL MA4656 4500   PURCHASE     9,694 9,901     -207  
FNMA POOL MA4732 4000   PURCHASE     3,939 4,108     -169  
FNMA POOL MA5071 5000   PURCHASE     433 425     8  
XYLEM INC COM   PURCHASE     1,450 988     462  

TY 2025 InvestmentsCorpBondsSchedule
Name:
BARBARA SAWYER CHARITABLE TRUST
 
C/O GLENWOOD STATE BANK
EIN:
83-6704159
Name of Bond End of Year Book Value End of Year Fair Market Value
CVS HEALTH CORP CUSIP 126650CX6 6,266 6,021
CITIGROUP INC FXD CUSIP 172967LP4 7,142 6,956
JPMORGAN CHASE & COFXD CUSIP 46647PA 10,430 10,031
ABBVIE INC CUSIP 00287YBX6 6,328 6,791
ENTERPRISE PRODUCTS OPERATINGLLC 5,078 4,758
GOLDMAN SCACHS GROUP IN CUSIP 38141G 7,036 6,964
AMAZON.COM INC CUSIP 023135BS4 7,656 7,217
COMCAST CORP CUSIP 20030NDM0 7,964 7,136
WELLS FARGO & COFXD CUSIP 95000U2J1 5,115 4,674
BANK OF AMERICA CORPFXD CUSIP 06051G 7,116 6,526
VERIZON COMMUNICATIONS INC CUSIP 923 7,137 6,392
APPLE INC CUSIP 07833DJ5 7,123 7,094
DEVONENERGY CORP CUSIP 25179MBG7 7,071 6,985
UNITEDHEALTH GROUP INC SUSIP 91324PD 9,600 7,497

TY 2025 InvestmentsCorpStockSchedule
Name:
BARBARA SAWYER CHARITABLE TRUST
 
C/O GLENWOOD STATE BANK
EIN:
83-6704159
Name of Stock End of Year Book Value End of Year Fair Market Value
3I GROUP PLC UNSPONS ADR (TGOPY) 1,894 2,480
ABB LTD ADR (ABBNY)    
ACCENTURE PLCIRELAND CL A (ACN)    
ADOBE INC (ADBE) 4,880 5,390
ADYEN N V UNSPONSERED ADR (ADYEY) 974 1,010
AGNICO EAGLE MINES LTD (AEM) 4,335 4,860
AGREE REALTYCORP (ADC) 1,031 1,147
AIA GROUP LTD SPON ADR (AAGIY)    
AIRBNB INC CL A (ABNB) 4,519 4,911
AIRBUS SE UNSPONSORED ADR (EADSY) 6,581 8,447
AIR PROD &CHEM INC (APD) 448 406
ALCON INC (ALC) 5,788 7,297
ALEXANDRIA REAL ESTATE EQ INC (ARE)    
ALPHABET INC CL A (GOOGL) 3,983 7,838
ALPHABET INC CL C (GOOG) 5,209 9,749
AMADEUS IT GROUP S.A ADR (AMADY)    
AMAZON COM INC (AMZN) 8,839 20,526
AMER INTL GP INC NEW (AIG) 5,200 5,861
AMERICAN HEALTHCARE REIT INC (AHR) 419 424
AMERICAN HOMES 4 RENT CL A (AMH) 699 778
AMERICAN TOWER CORP (AMT) 5,397 5,486
AMERICAN WATER WORKS CO (AWK) 5,482 5,582
AMERIPRISE FINCL INC (AMP) 1,568 6,894
AMETEK INC NEW (AME) 973 1,181
AMGEN (AMGN) 4,126 6,458
APPFOLIO INC CL A (APPF) 1,007 991
ANSYS INC (ANSS)    
AON PLC CL A (AON)    
APARMENT INV&MGMT CL A (AIV)    
APPLE INC (AAPL) 4,954 15,176
APTIV PLC (APTV)    
ARCH CAPITAL GROUP LTD (ACGL) 365 1,424
ACRES MANEGMENT CORP CL A (ARES) 1,171 2,088
ARGENXSE ADR (ARGX) 2,051 3,538
ARISTA NETWORKS INC (ANET) 879 860
ARMADA HOFFLER PROPERTIES INC (AHH)    
ASICS CORP ADR (ASCCY)    
ASML HOLDINGNV NYEGNEW (ASML) 6,408 13,712
ASTRAZENECA PLC ADR (AZN) 4,918 6,513
ATLAS COPCOAS A ASR A NEW (ATLKY)    
ATLASSIAN CORPORATION CL A (TEAM)    
ATMOS ENERGYCP (ATO) 4,747 7,231
AUTODESK INC DELAWARE (ADSK)    
AVALONBAYCOMM INC (AVB) 1,745 1,537
AXA ADS (AXAHY) 3,486 3,579
BAE SYS PLC SPN ADR (BAESY) 3,384 3,185
BANCO BILBAO VIZ ARG SA ADS (BBVA)    
BANCO SANTANDERSA (SAN) 3,718 4,950
BERKLEY W R CORP (WRB) 438 564
BLACKSTONE INC (BX) 3,058 5,158
BOSTON PROPERTIES INC (BXP)    
BRAMBLES LTD SPONSORED (BXBLY) 2,164 3,736
BRIXMOR PPTY GROUP INC (BRX) 445 450
BROADCOM INC (AVGO) 3,258 5,804
BROOKFIELD ASSET MANAGMT LTD (BAM) 735 1,263
BROOKFIELD CORP CL A (BN) 2,665 6,792
BROOKFIELD INFRASTURE SB VTGA (BIPC) 2,824 4,184
BROOKFIELD RENEWABLE CORP CL A (BEPC 1,129 1,477
BROWN & BROWN INC (BRO) 2,607 3,980
BXP INC (BXP) 1,753 1,694
BROWN FOREMAN CORP CL B (BF'B)    
BYD COMPANY LTD UNSPON ADR (BYDDY) 1,894 1,666
CAMDEN PROPERTYTRUST (CPT) 1,258 1,465
CANADIAN PACIFIC KANSAS CITY (CP)    
CAPITAL ONE FINANCIAL CORP (COF) 2,537 10,174
CARMAX INC (KMX)    
CBRE GROUP INC -A (CBRE 849 965
CBRE GROUP INC CL A (CBRE) 2,055 4,908
CCC INTELLIGENT SOLUTIONS HLD (CCCS)    
CELSTICA INC (CLS) 1,610 2,694
CHECK POINT SOFTWARE TECH LTD (CHKP) 2,701 2,544
CHIPOTLE MEXICAN GRILL INC COM (CMG) 3,958 3,922
COCA COLA CO (KO) 4,063 6,034
COGNEXCORP (CGNX)    
COMMERCE BANCSHARES (CBSH)    
COMPAGNIE FIN RICHEMONTAG ADR (CFRUY 3,779 4,387
COMPASS GROUP PLC SPD ADR (CMPGY)    
COMPUTERSAHRE LTD SPSN ADR (CMSQY)    
CONSTELLATION BRANDS INC CL A (STX) 2,368 2,334
COPART INC (CPRT) 2,051 4,385
CORTEVA INC (CTVA) 3,245 8,345
COSTAR GROUP INC (CSGP) 2,981 3,006
COTERRA ENERGYINC (CTRA) 2,870 4,912
CRH PLC (CRH)    
CROWN CASTLE (CCI) 3,177 3,120
CULLEN FROST BANKERS INC (CFR) 2,557 4,403
CURBLINE PROPERTIES CORP 442 442
DAIICHI SANKYCOLTD SPON ADR (DSNKY)    
DANAHER CORPORATION (DHR) 2,882 5,158
DANONE SPONSORED ADR (DANOY) 4,292 5,374
DATADOG INC CL A (DDOG) 1,373 1,424
DEUTSCHE BOERSE AGUNSPON ADR (DBOEY)    
DEUTSCHE TELEKOM AGADR (DTEGY)    
DIAGEOPLC SPON ADR NEW (DEO)    
DIGITAL REALTYTRUST INC (DLR) 1,404 1,582
DOMINOS PIZZA INC (DPZ) 1,405 2,004
E ON SE (EONGY) 3,431 3,655
EAGLE MATLS INC (EXP) 490 472
EASTGOUP PROPERTIES INC (EGP) 3,297 4,162
EATON CORP PLC SHS (ETN) 3,029 5,557
ECOLAB INC (ECL) 5,013 6,476
EDENRED SA ADR (EDNMY)    
EDP ENERGIAS DE PORTGUAL SA (EDPFY)    
ELI LILLY& CO (LLY)    
ENTEGRIS INC (ENTG) 1,755 1,685
ENOVIS CORPORATION COM (ENOV)    
EPR PPTYS COM (EPR) 729 768
EQUINIX INC (EQIX) 8,177 9,691
EQUITYLIFESTYLE PROPERTIES (ELS) 5,032 5,391
ESSEX PROPERTYTRUST INC (ESS) 1,732 1,848
ESSILORLUXOTTICA ADR (ESLOY) 639 608
ESTEE LAUDER CO INC CL A (EL)    
EXTRA SPACE STORAGE INC (EXR) 2,240 2,146
FAIR ISAAC & CO INC (FICO) 2,379 3,121
FARMLAND ARTNERS INC (FPI) 832 624
FASTENAL CO (FAST) 649 1,528
FERRARI V (RACE) 2,739 2,728
FIRST INDUST REALTY TR INC (FR) 253 245
FLOOR DECOR &HLDGS INC CL-A (FND)    
GALDERMA GROUP AG ADR (GALDY) 737 746
GALLAGHER ARTHUR J & CO (AJG) 1,980 1,810
GAMING & LEISURE PPTY INC COM (GLPI) 1,652 1,809
GARTNER INC (IT)    
GENL DYNAMICS CORP (GD) 2,747 6,124
GIVAUDAN SA ADR (GVDNY) 1,300 1,522
GLOBAL MEDICAL REIT INC NEW (GMRE) 251 236
GRACO INC (GGG) 493 486
HEICO CORP CLASS A (HEI'A) 2,791 7,120
HALEON PLC ADR (HLN)    
ADFC BANK LTD ADR (HDB)    
HEALTHCARE TR AMER INC CL A (HR)    
HEICOCORP CLASS A (HEI'A)    
HERMES INTL SCA UNPON ADR (HESAY) 3,164 3,288
HILTON WORLDWIDE HLDGS INC (HLT) 1,525 6,678
HONEYWELL INTL INC (HON)    
HONGKONGEXCHANGES & CLEARING (HKXCY)    
HOST HOTEL & RESORTS (HST) 862 862
HOWARD HUGHES HOLDINGS INC (HHH) 612 713
HOYA CORP SPONS ADR (HOCPY) 2,148 3,001
HSBC HOLDINGS PLC SPON ADR NEW (HSBC 4,690 5,332
HYATT HOTELS CORP COM CL A (A) 1,002 1,712
IBERDROLA SA SPON ADR (IBDRY)    
ICON PLC (ICLR)    
IDEXX LABS (IDXX) 884 2,054
INDUSTRIA DE DISENOTEXTIL IND (IDEXY 1,858 5,459
INTEL CORP (INTC)    
INTERCONTINENTAL EXCHANGE INC (ICE)    
INTESA SANPAOLOS.P.A. ADR (INSPY) 1,943 5,382
INTUIT INC (INTU) 4,272 5,911
INTUITIVE SURGICAL INC (ISRG) 4,412 7,110
INVITATION HOMES INC (INVH) 1,057 1,061
IRON MOUNTAIN INC (IRM) 441 367
KERINGS A ADR NEW (PPRUY)    
KITE RLTYGROUP TR (KRG) 2,668 3,212
KKR & CO INC CL A (KKR) 1,551 5,483
L OREAL COADR (LGRDY) 2,720 3,483
LEGRAND SA (LGRDY)    
LENNARCORPORATION (LEN) 4,088 7,997
LENOVO GROUP LTD SPONS ADR (LNVGY) 1,301 1,253
LIBERTY LIVE HOLDINGS INC SR C 601 582
LIBERTYMEDIA COR SER ALBRT (FWONA) 847 1,022
LIBERTYMEDIA COR SER CLBRT (FWONK) 705 1,809
LINDE PLC (LIN) 2,302 3,551
LIVE NATION ENTERTAINMENT INC (LYV) 2,535 4,953
LLOYDS BANKING GROUP PLC (LYG)    
LONDON STK EXCHANGE GROUP ADR (LNSTR 1,601 2,016
LOWES COMPANY INC (LOW) 4,736 5,424
LPL INL HLDGS INC COM (LPLA) 2,400 2,374
LVMH MOET HENNESSYLOUIS VUITT(LVMUY)    
MARKEL GROUP INC (MKL) 2,075 4,063
MARRIOTT INTL INC NEW CL A 454 472
MARSH & MCLENNAN COS INC (MMC) 3,778 4,234
MARTIN MARIETTA MATERIALS (MLM) 4,192 11,833
MARVELL TECHNOLOGY INC (MRVL) 1,395 1,570
MEDTRONIC PLC SHS (MDT) 3,662 4,419
MERCK & CO INC NEWCOM (MRK) 3,527 4,529
META PLATFORMS INC CL A (META) 5,409 17,200
MICHELIN COMPAGNIE GENERALE DE (MGDD    
MICROSCHIP TECHNOLOGY INC (MCHP) 2,977 5,050
MICROSOFT CORP (MSFT) 10,945 29,607
MID AMER APART COMM INC (MAA) 1,648 1,675
MITSUBISHI HEAVY INDS LTD ADR (MHVIY 1,039 1,494
MITSUBISHI UFJ FINCL GRP ADS (MUFG) 5,198 10,515
MONOTARCOLTD ADR (MONOY)    
MONSTER BEVEAGE CORP NEWCOM (MNST) 1,316 3,372
MOODYS CORP (MCO) 484 930
MSCI INC COM (MSCI) 1,758 2,637
NATWAST GROUP PLC ADR (NWG) 4,271 6,003
NESTLE SPONADR REP REGSHR (NSRGY)    
NEFLIX INC (NFLX) 2,593 9,564
NEXTERA ENERGYINC (NEE)    
NCIE LTD ADR (NICE)    
NIKE INC B (NKE)    
NOMURA RESH INST LTD ADR (NRILY) 1,575 2,055
NOVONESIS (NOVOZYMES) B ADR (NVZMY) 2,688 2,585
NOVONORDISK A/S ADR (NVO)    
NVIDIA CORPORATION (NVDA) 1,078 33,883
O'REILLYAUTOMOTIVE INC NEW (ORLY) 1,288 5,533
OLYMPUS CORP ADR (OLYMY)    
OMEGA HEALTHCARE INV INC (OHI) 754 805
ORACLE CORP (ORCL) 1,224 1,193
OSHKOSH CORP (OSK) 3,225 4,178
OUTFRONT MEDIA INC NEW (OUT) 457 615
PALOALTONNETWORKS INC (PANW) 2,043 6,228
PARKER HANNIFIN CORP (PH) 2,560 14,791
PAYPAL HLDGS INC COM (PYPL) 1,471 1,340
PERIMETER SOLUTIONS INC (PRM) 215 1,109
PNC FINL SVCS GP (PNC) 3,044 5,554
POSTAL REALTY TRUST INC CL A (PSTL) 227 277
PROCORE TECHNOLOGIES INC (PCOR) 960 885
PROCTER & GAMBLE (PG) 4,318 4,626
PROGESSIVE CORP OHIO (PGR)    
PROLOGIS INC COM (PLD) 3,406 3,701
PRYSMIAN S P A MILANO ADR (PRYMY) 3,040 4,209
PUBLIC STOAGE (PSA) 2,846 2,689
PUBLICIS GROUPE SA ADR (PUBGY)    
QUALCOMM INC (QCOM) 2,830 6,637
R P M INC (RPM) 2,816 4,955
RAYONNIER INCORPOTARED (RYN) 417 336
REALTY INCOME CORP (O) 1,577 1,648
REGENCYCTRS CORP (REG) 1,408 1,450
RELX PLC SPONSEORED ADR (RELX) 1,963 3,061
RENTOKIL INITIAL PLC ADR (RTO)    
ROCHE HOLDINGS ADR (RHHBY) 2,112 2,163
ROPER TECHNOLOGIES INC (ROP) 2,085 2,510
ROSS STORES INC (ROST) 515 1,007
RTXCORPORATION (RTX) 1,197 4,243
RYAN SPECIALTY HOLDINGS INC (RYAN) 868 683
RYANAIR HLDGS PLC ADR (RYAAY) 2,396 2,552
S&P GLOBAL INC COM (SPGI) 1,435 3,350
SABRA HEALTH CARE REIT INC (SBRA) 693 726
SAFEHOLD INC (SAFE)    
SAFRAN SA (SAFRY) 1,766 4,400
SALESFORCE INC (CRM) 1,595 2,930
SANDVIK AB SPONS ADR (SDVKY)    
SAP AG (SAP) 2,769 5,872
SBA COMMUNICATIONS CORP NEWCL A (SBA 1,067 1,014
SCHNEIDER ELEC SA UNSP ADR (SBGSY) 3,969 4,832
SEA LIMITED ADR (SE) 3,181 4,856
SERVICE NOW INC (NOW) 2,391 2,356
SHERWIN WILLIAMS COMPANYOHIO (SHW) 3,065 4,069
SHISEIDOLTD SPON ADR (SSDOY)    
SHOPIFY INC (SHOP) 672 2,004
SIEMENS ENERGY AG ADR (SMNEY) 3,086 6,459
SIMON PPTYGROUP INC (SPG) 2,187 4,643
SOFTBANK CORP UNSPONS ADR (SFTBY) 2,034 2,058
SMC CORP JAPAN SPONSORED ADR (SMCAY)    
SONYFROUP COPORATION ADR (SONY) 7,877 13,943
SPOTIFY TECHNOLOGY SA (SPOT)    
SPLUNK INC (SPLK)    
STARBUCKS CORP WASHINGTON (SBUX)    
STAUMANN HLDGAGADR (SAUHY)    
STRYKER CORP (SYK) 2,127 3,477
SUMMIT MATLS INC CL A (SUM)    
SUN COMMUNITIES INC (SUI) 1,032 966
SUNCOR ENERGYINC (SU)    
SYSCOCORP (SYY) 5,475 5,647
TAIWAN SMCNDCTR MFG CO LTD ADR (TSM) 6,208 10,601
TARGET CORPORATION (TGT)    
TELEDYNE TECH INC (TDY) 4,610 5,612
TENCENT HLDGS LTD UNSPON ADR (TCEHY) 4,401 4,864
TERRENORLTYCORP COM (TRNO) 3,854 3,875
TERUMO CORP ADR UNSPONS ADR (TRUMY) 121 116
TESCO PLC ADR (TSCDY) 4,092 5,241
TESLA INC (TSLA) 2,397 6,186
THERMOSFISHER SCIENTIFIC (TMO) 3,154 4,949
TOAST INC CL A (TOST) 697 625
THOMSON REUTERS CORP (TRI)    
TOKI MARINE HOLDINGS INS ADR (TKOMY)    
TOKYOELECTRON LTD UNSPON ADR (TOELY) 1,861 3,159
TOTALENERGIES SE ACT (TTE) 4,965 5,480
TRANSDIGM GROUP INC (TDG) 2,113 6,934
TYLER TECHNOLOGIES INC (TYL) 1,804 2,234
USBANCORP COM NEW (USB) 4,072 6,545
UBER TECHNOLOGIES (UBER) 5,909 9,070
UCB SA UNSPON ADR (UCBJY) 2,797 3,917
UMH PROPERTIES INC (UMH) 253 253
UNILEVER PLC (NEW) ADS (UL) 4,634 5,036
UNION PACIFIC CORP (UNP)    
UNITED PARCEL SER INC CL-B (UPS)    
UNITEDHEALTH GP INC (UNH)    
VAIL RESORTS (MTN)    
VEEVA SYS INC CL A (VEEV) 2,581 2,907
VENTAS INC (VTR) 2,595 3,777
VERALTOCORP (VLTO) 248 247
VERISIGN INC (VRSN)    
VERISK ANALYTICS INC COM (VRSK) 547 714
VERIZON COMMUNICATION (VZ) 5,599 5,458
VERTX PHARMACEUTICALS (VRTX) 4,554 5,128
VICI PROPERTIES INC (VICI) 1,197 1,522
VISA INC CL A (V) 5,312 11,097
VULCAN MATERIALS CO (VMC) 3,054 5,957
W P CAREY INC COM (WPC) 634 598
WWGRAINGER INC (GWW) 1,653 5,458
WASTE CONNECTIONS INC (WCN) 1,314 1,281
WATER CORP (WAT) 911 1,144
WELLS FARGO & CO NEW (WFC) 5,506 6,405
WELLTOWER INC (WELL) 2,779 7,617
WEYERHAEUSER CO (WY) 786 864
WIXCOM LTD (WIX) 393 387
WORKDAY INC CL A (WDAY)    
XCEL ENERGYINC (XEL) 4,163 5,789
XYLEM INC COM (XYL)    
ZAI LAB LTD-ADR (ZLAB)    
ZOETIS INC CLASS-A (ZTS)    

TY 2025 InvestmentsGovtObligationsSch
Name:
BARBARA SAWYER CHARITABLE TRUST
 
C/O GLENWOOD STATE BANK
EIN:
83-6704159
US Government Securities - End of Year Book Value:

146,359
US Government Securities - End of Year Fair Market Value:

137,585
State & Local Government Securities - End of Year Book Value:


 
State & Local Government Securities - End of Year Fair Market Value:


 


TY 2025 InvestmentsOtherSchedule2
Name:
BARBARA SAWYER CHARITABLE TRUST
 
C/O GLENWOOD STATE BANK
EIN:
83-6704159
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ISHARES CORE MSCI EMERGING (IEMG)      
ISHARES MSCI EAFE ETF (EFA)   1,333 1,336
ISHARES RUSSELL 1000 GRWETF (IWF)   6,549 6,484
JANUS HENERSON DEV WORLD BD I (HFAIX   123,933 128,480
SPDR S&P 500 EFT TRUST (SPY)   6,637 6,601
VANGAURD MID-CAP ETF INDEX (VO)   3,123 3,088
VANGUARD REAL ESTATE ETF (VNQ)      
VANGUARD TOTAL INTL BOND ETF (BNDX)      
VIRTUS SGA EMGMKTS EQ I (HIEMX)   111,881 133,621
WA SMASH SRS CR CMPLTN FUND (WAADX)   123,314 87,330
WESTERN ASSET SMASH SERIES C (LMLCX)   78,641 75,631
WESTERN ASSET SMASH SERIES M (LMSMX)   77,131 60,420
ISHARE RUSSELL 1000 VALUE ETF (IWD)   15 15
VANGUARD FTSE DEVELOPED MKTS E (VEA)   4,658 4,642

TY 2025 LegalFeesSchedule
Name:
BARBARA SAWYER CHARITABLE TRUST
 
C/O GLENWOOD STATE BANK
EIN:
83-6704159
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INDIRECT LEGAL FEES 4,168     4,168


TY 2025 OtherAssetsSchedule
Name:
BARBARA SAWYER CHARITABLE TRUST
 
C/O GLENWOOD STATE BANK
EIN:
83-6704159
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
INVESTMENT INCOME RECEIVABLE      


TY 2025 OtherProfessionalFeesSchedule
Name:
BARBARA SAWYER CHARITABLE TRUST
 
C/O GLENWOOD STATE BANK
EIN:
83-6704159
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INDIRECT OTHER PROFESSIONAL FEES 35,043 22,570   12,473


TY 2025 TaxesSchedule
Name:
BARBARA SAWYER CHARITABLE TRUST
 
C/O GLENWOOD STATE BANK
EIN:
83-6704159
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INDIRECT TAXES/LICENSES 928 928