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
STEWART DE & VE FDN CO-TA
 
Number and street (or P.O. box number if mail is not delivered to street address) PO BOX 919798
  Room/suite
City or town
ORLANDO
State or province
FL
Country  
ZIP or foreign postal code
328919798
A Employer identification number

65-6389167
B Telephone number (see instructions)

4072375724
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)$4,241,417J 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      
4 Dividends and interest from securities... 88,572 88,373  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 274,321
b Gross sales price for all assets on line 6a 1,220,852
7 Capital gain net income (from Part IV, line 2)... 274,321
8 Net short-term capital gain......... 0
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........ 362,893 362,694  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 71,125 35,563   35,562
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,500 0 0 1,500
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
668 668   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
3,713 891   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
48 48    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 77,054 37,170 0 37,062
25 Contributions, gifts, grants paid....... 85,000 85,000
26 Total expenses and disbursements. Add lines 24 and 25 ................ 162,054 37,170 0 122,062
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 200,839
b Net investment income (if negative, enter -0-) 325,524
c Adjusted net income (if negative, enter -0-)... 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............. 732 1,614 1,614
2 Savings and temporary cash investments......... 102,667 120,078 120,078
3 Accounts receivable  
Less: allowance for doubtful accounts     0 0
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 0      
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)....... 1,079,350 Click to see attachment
List of Attached Documents:
// Content
1,186,560 		2,391,684
c Investments—corporate bonds (attach schedule)....... 755,730 Click to see attachment
List of Attached Documents:
// Content
741,294 		658,905
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 948,866 Click to see attachment
List of Attached Documents:
// Content
1,038,245 		1,069,136
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) 2,887,345 3,087,791 4,241,417
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe )    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 2,887,345 3,087,791
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)..... 2,887,345 3,087,791
30 Total liabilities and net assets/fund balances (see instructions). 2,887,345 3,087,791
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
2,887,345
2
Enter amount from Part I, line 27a .....................
2
200,839
3
Other increases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
3
2,087
4
Add lines 1, 2, and 3 ..........................
4
3,090,271
5
Decreases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
5
2,480
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
3,087,791
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 95. APPLE COMPUTER CORPORATION COMMON   2024-06-26 2025-01-10
b 23. APPLE COMPUTER CORPORATION COMMON   2008-02-07 2025-01-10
c 21. BRISTOL MYERS SQUIBB COMPANY   2024-03-11 2025-01-17
d 5. GILEAD SCIENCES INC COM   2024-08-26 2025-01-17
e 6. GILEAD SCIENCES INC COM     2025-01-17
6. TC ENERGY CORP   2019-09-03 2025-01-17
12. WILLIAMS COS INC   2021-05-12 2025-01-17
105. ANALOG DEVICES INC     2025-01-31
37. MERCK & CO INC   2024-02-12 2025-01-31
230. MERCK & CO INC   2009-09-04 2025-01-31
229. ARCH CAPITAL GROUP LTD   2022-04-01 2025-01-31
49. AT&T INC     2025-02-21
10. ENTERGY CORP COMMON   2023-02-24 2025-02-21
16. FACEBOOK INC CL A     2025-02-21
10. GILEAD SCIENCES INC COM     2025-02-21
6. MORGAN STANLEY DEAN WITTER DIS CO     2025-02-21
12. REGENERON PHARMACEUTICALS INC   2024-10-03 2025-02-21
6. PAYCHEX INC   2024-09-12 2025-02-26
339. CHIPOTLE MEXICAN GRILL INC     2025-03-10
40. NETFLIX INC   2023-05-26 2025-03-10
449. VONTIER CORP     2025-03-10
25. BRISTOL MYERS SQUIBB COMPANY     2025-04-09
12. ENTERGY CORP COMMON     2025-04-09
725. ISHARES 20+ YEAR TREASURY BOND ETF   2023-04-25 2025-04-09
8. PAYCHEX INC     2025-04-09
9. LYONDELLBASELL INDUSTRIES NV   2023-04-13 2025-04-09
25. BRISTOL MYERS SQUIBB COMPANY   2024-01-19 2025-04-17
10. GILEAD SCIENCES INC COM   2024-03-11 2025-04-17
9. PAYCHEX INC     2025-04-17
6. PHILIP MORRIS INTERNATIONAL     2025-04-17
16. LYONDELLBASELL INDUSTRIES NV     2025-04-17
24. BRISTOL MYERS SQUIBB COMPANY   2024-09-25 2025-04-28
4. BRISTOL MYERS SQUIBB COMPANY   2024-01-19 2025-04-28
9. PHILIP MORRIS INTERNATIONAL   2010-12-16 2025-04-28
96. APPLIED MATERIALS   2019-09-09 2025-05-02
132. BERKLEY W R CORP   2022-12-12 2025-05-02
106. CMS ENERGY CORP     2025-05-02
111. DIAMONDBACK ENERGY INC   2024-08-09 2025-05-02
94. ENTERGY CORP COMMON   2024-05-10 2025-05-02
21. TARGA RESOURCES   2023-08-10 2025-05-02
36. UNITED HEALTH GROUP INC   2016-02-01 2025-05-02
4. BRISTOL MYERS SQUIBB COMPANY   2024-09-25 2025-05-06
17. BRISTOL MYERS SQUIBB COMPANY   2024-04-19 2025-05-06
15. COCA COLA COMPANY   2024-11-21 2025-05-06
2. COCA COLA COMPANY   2023-03-07 2025-05-06
13. ENTERGY CORP COMMON     2025-05-06
5. PHILIP MORRIS INTERNATIONAL   2010-12-16 2025-05-06
22. BRISTOL MYERS SQUIBB COMPANY   2024-06-10 2025-05-14
5. BRISTOL MYERS SQUIBB COMPANY   2024-04-19 2025-05-14
13. COCA COLA COMPANY   2023-03-07 2025-05-14
17. ENTERGY CORP COMMON   2023-07-18 2025-05-14
9. GILEAD SCIENCES INC COM   2024-03-11 2025-05-14
271. ISHARES 3-7 YEAR TREASURY BOND ETF   2025-04-09 2025-05-14
6. PHILIP MORRIS INTERNATIONAL   2010-12-16 2025-05-14
210. GLOBUS MEDICAL INC     2025-05-16
31. PALO ALTO NETWORKS INC   2025-01-10 2025-05-16
18. QUANTA SERVICES INC COMMON   2020-01-28 2025-05-16
12. VERTEX PHARMACEUTICALS INC   2022-12-12 2025-05-16
33. AT&T INC   2023-04-04 2025-06-04
7. GILEAD SCIENCES INC COM     2025-06-04
3. PHILIP MORRIS INTERNATIONAL   2010-12-16 2025-06-04
10. SOUTHERN COMPANY     2025-06-04
284. BELLRING BRANDS INC     2025-06-26
202. EASTMAN CHEM CO     2025-06-26
6. LPL FINANCIAL HOLDINGS INC   2024-02-15 2025-06-26
142. MOHAWK IND INC COMMON     2025-06-26
3400.822 JOHCM INTERNATIONAL SEL-INST   2020-04-24 2025-07-15
51. AT&T INC     2025-07-29
18. CDN IMPERIAL BK OF COMMERCE     2025-07-29
12. GILEAD SCIENCES INC COM     2025-07-29
8. SOUTHERN COMPANY   2010-12-16 2025-07-29
39. INTUITIVE SURGICAL INC   2023-06-15 2025-08-01
66. AT&T INC     2025-08-08
17. CDN IMPERIAL BK OF COMMERCE   2019-08-28 2025-08-08
25. UNITED PARCEL SERVICE -CL B     2025-09-10
11. MORGAN STANLEY DEAN WITTER DIS CO   2024-08-14 2025-09-15
3. LYONDELLBASELL INDUSTRIES NV   2023-01-20 2025-09-15
4. LYONDELLBASELL INDUSTRIES NV   2023-03-29 2025-09-15
14. LYONDELLBASELL INDUSTRIES NV     2025-09-15
9. MORGAN STANLEY DEAN WITTER DIS CO   2024-09-12 2025-09-17
20. LYONDELLBASELL INDUSTRIES NV     2025-09-17
259. CMS ENERGY CORP   2024-07-12 2025-09-25
166. KENVUE INC     2025-10-01
20. ALEXANDRIA REAL ESTATE EQ REIT     2025-10-07
17. WILLIAMS COS INC   2021-05-12 2025-10-07
1. BOOKING HOLDINGS INC   2023-03-03 2025-10-09
539. COTERRA ENERGY INC   2025-05-02 2025-10-09
53. SALESFORCE INC   2025-05-02 2025-10-09
16. ALEXANDRIA REAL ESTATE EQ REIT     2025-10-10
8. ALEXANDRIA REAL ESTATE EQ REIT   2024-09-12 2025-10-10
26. WILLIAMS COS INC   2021-05-12 2025-10-10
4. JOHNSON & JOHNSON   2024-08-26 2025-10-14
59. VERIZON COMMUNICATIONS INC     2025-10-14
3. ABBVIE INC   2016-02-03 2025-10-16
6. BANK OF MONTREAL QUEBEC   2024-10-11 2025-10-16
6. JOHNSON & JOHNSON   2024-08-26 2025-10-16
6. ABBVIE INC   2025-10-09 2025-10-31
16. ALPHABET INC CL C   2006-10-06 2025-10-31
5. ALPHABET INC CL A   2006-10-06 2025-10-31
20. AMAZON COM INC COM     2025-10-31
4. AMERISOURCEBERGEN CORP. COMMON   2024-04-15 2025-10-31
20. APPLE COMPUTER CORPORATION COMMON   2008-02-07 2025-10-31
8. ARISTA NETWORKS INC   2024-12-05 2025-10-31
16. ASTRAZENECA PLC-SPONS ADR (UK/USD) ISIN #US0463531089   2025-03-10 2025-10-31
13. BANK OF NEW YORK MELLON CORP   2023-03-03 2025-10-31
12. BERKLEY W R CORP   2022-12-12 2025-10-31
1. BLACKROCK INC   2021-11-10 2025-10-31
11. BROADCOM INC   2023-05-26 2025-10-31
5. CAPITAL ONE FINL CORP   2025-08-01 2025-10-31
3. CARLISLE COS INC   2019-09-05 2025-10-31
16. CISCO SYSTEMS   2025-03-10 2025-10-31
15. CORE & MAIN INC CL A   2024-04-03 2025-10-31
1. COSTCO WHOLESALE CORP   2016-12-02 2025-10-31
1. CROWDSTRIKE HOLDINGS INC CL A   2025-10-09 2025-10-31
4. ECOLABS INC   2023-07-14 2025-10-31
14. ENTERGY CORP COMMON   2024-05-10 2025-10-31
15. EVERGY INC   2025-08-01 2025-10-31
5. FACEBOOK INC CL A   2023-07-25 2025-10-31
3. HCA HOLDINGS INC   2022-03-18 2025-10-31
6. INTERNATIONAL BUSINESS MACHINES CORP   2024-07-12 2025-10-31
10. J.P. MORGAN CHASE & CO.   2024-05-29 2025-10-31
6. JOHNSON & JOHNSON   2025-09-25 2025-10-31
4. JONES LANG LASALLE INC   2024-10-03 2025-10-31
3. LPL FINANCIAL HOLDINGS INC   2024-02-15 2025-10-31
12. LAM RESEARCH CORPORATION   2025-06-26 2025-10-31
2. ELI LILLY & CO   2024-05-29 2025-10-31
14. MICROSOFT CORPORATION   2012-01-30 2025-10-31
33. MOSAIC CO   2025-06-26 2025-10-31
49. NVIDIA CORP   2024-01-10 2025-10-31
6. PNC BANK CORP COM   2011-01-21 2025-10-31
6. PALO ALTO NETWORKS INC   2023-10-04 2025-10-31
1. PARKER HANNIFIN CORP   2024-05-10 2025-10-31
10. PHILIP MORRIS INTERNATIONAL   2024-08-27 2025-10-31
8. PHILLIPS 66   2023-08-10 2025-10-31
6. PROGESSIVE CORP., OHIO COMMON   2024-04-15 2025-10-31
4. QUANTA SERVICES INC COMMON   2020-01-28 2025-10-31
10. RTX CORPORATION   2022-09-07 2025-10-31
1. SERVICENOW INC   2025-01-10 2025-10-31
11. TAPESTRY INC   2025-06-26 2025-10-31
6. TARGA RESOURCES   2023-08-10 2025-10-31
5. TESLA MOTORS INC   2023-06-15 2025-10-31
6. TWILIO INC CL A   2025-05-16 2025-10-31
4. UNION PAC CORP   2009-09-04 2025-10-31
53. VALE S.A. SPONS ADR   2025-10-09 2025-10-31
25. VERIZON COMMUNICATIONS INC   2025-03-10 2025-10-31
6. VISA INC   2024-02-15 2025-10-31
18. WAL MART STORES INCORPORATED   2018-11-06 2025-10-31
17. WELLS FARGO COMPANY   2025-02-21 2025-10-31
15. MEDTRONIC PLC   2024-10-30 2025-10-31
4. TRANE TECHNOLOGIES PLC   2016-06-29 2025-10-31
254. BERKLEY W R CORP   2022-12-12 2025-11-06
59. CARLISLE COS INC   2019-09-05 2025-11-06
688. MOSAIC CO     2025-11-06
5. ABBVIE INC   2016-02-03 2025-11-07
6. AMERICAN ELECTRIC POWER     2025-11-07
5. BANK OF MONTREAL QUEBEC   2024-10-24 2025-11-07
81. HUNTINGTON BANCSHARES INC COMMON     2025-11-07
16. VERIZON COMMUNICATIONS INC     2025-11-07
5. XCEL ENERGY INC   2023-11-21 2025-11-07
8. AMERICAN ELECTRIC POWER   2023-02-06 2025-11-28
3. AMGEN INCORPORATED   2024-11-21 2025-11-28
7. GILEAD SCIENCES INC COM   2022-04-01 2025-11-28
32. GSK PLC SPONS ADR   2025-04-28 2025-11-28
77. HUNTINGTON BANCSHARES INC COMMON     2025-11-28
7. JOHNSON & JOHNSON     2025-11-28
13. AMERISOURCEBERGEN CORP. COMMON   2024-04-15 2025-12-11
13. COSTCO WHOLESALE CORP   2016-12-02 2025-12-11
532. VERIZON COMMUNICATIONS INC   2025-03-10 2025-12-11
12. MAGNUM ICE CREAM CO     2025-12-15
1954.769 ARTISAN INTL VALUE FUND-INS   2020-04-24 2025-12-23
4414.672 EATON VANCE-ATLANTA SMID-R6     2025-12-23
3263.224 GOLDMAN SACHS GQP PRT INTL-R6   2021-08-09 2025-12-23
.8 MAGNUM ICE CREAM CO   2025-10-14 2025-12-30
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CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 22,409   20,303 2,106
b 5,425   98 5,327
c 1,173   1,143 30
d 462   384 78
e 555   469 86
280   281 -1
710   284 426
22,413   15,690 6,723
3,682   4,632 -950
22,885   6,713 16,172
21,294   11,095 10,199
1,293   966 327
851   536 315
11,191   4,791 6,400
1,108   761 347
807   607 200
8,356   12,390 -4,034
903   800 103
16,906   10,677 6,229
34,970   14,802 20,168
14,778   12,293 2,485
1,252   1,308 -56
918   639 279
63,743   77,404 -13,661
1,089   1,048 41
486   858 -372
1,244   1,252 -8
1,046   754 292
1,312   1,121 191
987   408 579
917   1,488 -571
1,152   1,198 -46
192   200 -8
1,516   535 981
14,886   4,855 10,031
9,517   6,500 3,017
7,704   6,871 833
15,037   22,092 -7,055
7,884   5,269 2,615
3,383   1,769 1,614
14,306   4,150 10,156
193   200 -7
822   822  
1,073   952 121
143   120 23
1,091   677 414
866   297 569
1,027   933 94
234   242 -8
897   779 118
1,379   832 547
908   679 229
31,754   31,860 -106
981   357 624
12,562   19,099 -6,537
5,957   5,359 598
6,117   722 5,395
5,196   3,753 1,443
914   645 269
768   477 291
543   178 365
892   495 397
16,231   16,747 -516
15,411   20,530 -5,119
2,165   1,547 618
14,597   13,840 757
87,265   73,832 13,433
1,403   990 413
1,307   741 566
1,362   771 591
760   303 457
18,760   12,796 5,964
1,853   1,202 651
1,233   653 580
2,095   4,458 -2,363
1,722   1,096 626
160   277 -117
213   366 -153
745   1,254 -509
1,411   871 540
1,088   1,675 -587
18,270   15,909 2,361
2,640   3,410 -770
1,563   2,447 -884
1,082   397 685
5,192   2,620 2,572
12,562   13,817 -1,255
12,938   14,538 -1,600
1,182   1,789 -607
591   967 -376
1,642   607 1,035
760   657 103
2,379   3,130 -751
681   170 511
753   556 197
1,152   985 167
1,305   1,392 -87
4,481   167 4,314
1,398   52 1,346
4,953   3,575 1,378
1,356   942 414
5,438   85 5,353
1,263   860 403
1,316   1,226 90
1,401   667 734
857   591 266
1,083   956 127
4,072   875 3,197
1,099   1,039 60
976   434 542
1,169   1,015 154
775   896 -121
910   152 758
542   509 33
1,035   752 283
1,350   785 565
1,155   1,071 84
3,240   1,473 1,767
1,379   779 600
1,838   1,096 742
3,116   1,984 1,132
1,133   1,063 70
1,211   1,059 152
1,124   773 351
1,892   1,158 734
1,736   1,619 117
7,235   413 6,822
908   1,177 -269
10,008   2,654 7,354
1,094   363 731
1,320   710 610
773   561 212
1,443   1,217 226
1,089   922 167
1,240   1,245 -5
1,823   160 1,663
1,781   866 915
914   1,028 -114
1,213   945 268
925   506 419
2,268   1,286 982
812   695 117
878   124 754
638   589 49
990   1,166 -176
2,043   1,675 368
1,818   616 1,202
1,478   1,343 135
1,360   1,355 5
1,807   191 1,616
18,976   12,507 6,469
18,834   8,536 10,298
17,458   24,065 -6,607
1,096   284 812
727   552 175
616   468 148
1,264   1,174 90
638   718 -80
404   300 104
986   735 251
1,033   868 165
880   417 463
1,529   1,215 314
1,251   1,075 176
1,441   1,149 292
4,495   3,061 1,434
11,387   1,981 9,406
21,432   24,821 -3,389
198   193 5
105,440   53,711 51,729
166,786   146,668 20,118
73,227   66,308 6,919
13   13  
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
      21,773
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       2,106
b       5,327
c       30
d       78
e       86
      -1
      426
      6,723
      -950
      16,172
      10,199
      327
      315
      6,400
      347
      200
      -4,034
      103
      6,229
      20,168
      2,485
      -56
      279
      -13,661
      41
      -372
      -8
      292
      191
      579
      -571
      -46
      -8
      981
      10,031
      3,017
      833
      -7,055
      2,615
      1,614
      10,156
      -7
       
      121
      23
      414
      569
      94
      -8
      118
      547
      229
      -106
      624
      -6,537
      598
      5,395
      1,443
      269
      291
      365
      397
      -516
      -5,119
      618
      757
      13,433
      413
      566
      591
      457
      5,964
      651
      580
      -2,363
      626
      -117
      -153
      -509
      540
      -587
      2,361
      -770
      -884
      685
      2,572
      -1,255
      -1,600
      -607
      -376
      1,035
      103
      -751
      511
      197
      167
      -87
      4,314
      1,346
      1,378
      414
      5,353
      403
      90
      734
      266
      127
      3,197
      60
      542
      154
      -121
      758
      33
      283
      565
      84
      1,767
      600
      742
      1,132
      70
      152
      351
      734
      117
      6,822
      -269
      7,354
      731
      610
      212
      226
      167
      -5
      1,663
      915
      -114
      268
      419
      982
      117
      754
      49
      -176
      368
      1,202
      135
      5
      1,616
      6,469
      10,298
      -6,607
      812
      175
      148
      90
      -80
      104
      251
      165
      463
      314
      176
      292
      1,434
      9,406
      -3,389
      5
      51,729
      20,118
      6,919
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 274,321
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 4,525
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 4,525
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 4,525
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 2,820
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  
7 Total credits and payments. Add lines 6a through 6d.............. 7 2,820
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 1,705
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 tax0 Refunded 11 0
For Refunded amount, also complete and attach Form 8050. See instructions.
Form 990-PF (2025)
Form 990-PF (2025)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. $   (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)
FL
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 ofTRUIST BANK Telephone no. (407) 237-5724

Located atPO BOX 919798ORLANDOFL ZIP+432891
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)
Yes
 
(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
TRUIST BANK CO-TRUSTEE
1 		71,125    
PO BOX 919798
ORLANDO,FL32802
DOUGLAS M STEWART CO-TRUSTEE
1 		0    
13500 QUAKING ASPEN PL NE
ALBUQUERQUE,NM87111
MARCELLA STEWART CO-TRUSTEE
1 		0    
13500 QUAKING ASPEN PL NE
ALBUQUERQUE,NM87111
CALVIN STEWART CO-TRUSTEE
1 		0    
13500 QUAKING ASPEN PL NE
ALBUQUERQUE,NM87111
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.........................  
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
3,924,943
b
Average of monthly cash balances.......................
1b
114,343
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
4,039,286
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
4,039,286
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
60,589
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
3,978,697
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
198,935
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
198,935
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
4,525
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
4,525
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
194,410
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
194,410
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
194,410
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
122,062
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
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
122,062
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 7 194,410
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...... 26,670
b From 2021...... 0
c From 2022...... 0
d From 2023...... 0
e From 2024...... 0
f Total of lines 3a through e ........ 26,670
4Qualifying distributions for 2025 from Part
XI, line 4: $ 122,062
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..... 122,062
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2025. 26,670 26,670
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2024. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2025. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2026 .......... 		45,678
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2020 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2021 .... 0
b Excess from 2022 .... 0
c Excess from 2023 .... 0
d Excess from 2024 .... 0
e Excess from 2025 .... 0
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).)
NONE
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.
NONE
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, 2b, 2c, and 2d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2025)
Form 990-PF (2025)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

FLORIDA ATLANTIC UNIVERSITY FDN INC

777 GLADES RD ADM 295
BOCA RATON,FL33431 		NONE   GENERAL OPERATING 35,000

GEORGETOWN UNIVERSITY

3300 WHITEHEAVEN ST NW STE 3000
WASHINGTON,DC20007 		NONE   GENERAL OPERATING 25,000

UNIVERSITY OF SOUTHERN CALIFORNIA

700 CHILDS WAY
LOS ANGELES,CA90089 		NONE   GENERAL OPERATING 25,000
Total ................................. 3a 85,000
bApproved for future payment
Total ................................. 3b  
Form 990-PF (2025)
Form 990-PF (2025)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 88,572  
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 ............ 		    18 274,321  
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) ..   362,893  
13Total. Add line 12, columns (b), (d), and (e)..................
13
362,893
(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:
STEWART DE & VE FDN CO-TA
EIN:
65-6389167
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC 1,500     1,500

TY 2025 InvestmentsCorpBondsSchedule
Name:
STEWART DE & VE FDN CO-TA
EIN:
65-6389167
Name of Bond End of Year Book Value End of Year Fair Market Value
258620566 DOUBLELINE TOTAL RET 113,153 93,343
46429B267 ISHARES US TREASURY 190,247 156,432
64128K868 NEUBERGER BERMAN HIG 110,176 99,646
722005816 PIMCO INVESTMENT GRA 149,253 129,967
464287226 ISHARES CORE US AGGR 115,035 114,862
464287432 ISHARES 20+ YEAR TRE 31,726 32,249
464287440 ISHARES 7-10 YEAR TR 31,704 32,406

TY 2025 InvestmentsCorpStockSchedule
Name:
STEWART DE & VE FDN CO-TA
EIN:
65-6389167
Name of Stock End of Year Book Value End of Year Fair Market Value
91324P102 UNITEDHEALTH GROUP I    
446150104 HUNTINGTON BANCSHARE 2,873 3,539
166764100 CHEVRON CORP 7,655 7,468
46120E602 INTUITIVE SURGICAL I    
693475105 PNC FINL SVCS GROUP 14,982 35,275
92826C839 VISA INC CL A 2,092 41,734
30303M102 META PLATFORMS INC C 26,812 62,048
02079K107 ALPHABET INC CL C 7,313 117,989
110448107 BRITISH AMERN TOB PL 6,756 8,833
00206R102 AT&T INC    
907818108 UNION PAC CORP 2,607 19,431
718172109 PHILIP MORRIS INTL I 30,847 42,185
00287Y109 ABBVIE INC 30,570 35,187
594918104 MICROSOFT CORP 8,827 144,602
931142103 WALMART INC 12,763 41,556
22160K105 COSTCO WHOLESALE COR 2,590 14,660
191216100 COCA COLA CO 2,601 3,076
02079K305 ALPHABET INC CL A 1,131 33,804
69351T106 PPL CORPORATION 2,358 3,187
713448108 PEPSICO INC 8,003 7,176
136069101 CDN IMPERIAL BK OF C    
92343V104 VERIZON COMMUNICATIO 4,946 5,539
58933Y105 MERCK & CO INC 25,286 26,841
494368103 KIMBERLY CLARK CORP 5,866 4,439
842587107 SOUTHERN COMPANY 985 2,267
636274409 NATIONAL GRID PLC SP 6,843 9,359
717081103 PFIZER INC 10,941 8,790
110122108 BRISTOL MYERS SQUIBB    
142339100 CARLISLE COS INC    
375558103 GILEAD SCIENCES INC 1,469 3,069
478160104 JOHNSON & JOHNSON 28,195 33,526
617446448 MORGAN STANLEY    
29250N105 ENBRIDGE INC 6,652 8,275
46625H100 JP MORGAN CHASE & CO 29,951 68,633
87807B107 TC ENERGY CORP 4,643 6,326
G8994E103 TRANE TECHNOLOGIES P 3,383 27,633
023135106 AMAZON.COM INC 38,417 106,870
025537101 AMERICAN ELEC PWR IN 3,040 4,151
031162100 AMGEN INC 5,518 7,528
037833100 APPLE INC 1,876 119,618
038222105 APPLIED MATERIALS IN    
26441C204 DUKE ENERGY CORP 4,622 5,626
74762E102 QUANTA SERVICES INC 2,848 29,966
89151E109 TOTALENERGIES SE    
902973304 US BANCORP 8,125 9,338
969457100 WILLIAMS COS INC    
032654105 ANALOG DEVICES INC    
084423102 WR BERKLEY CORP    
169656105 CHIPOTLE MEXICAN GRI    
40412C101 HCA HEALTHCARE INC 14,028 25,210
718546104 PHILLIPS 66 18,996 21,550
75513E101 RTX CORPORATION 20,194 42,916
911312106 UNITED PARCEL SERVIC    
92532F100 VERTEX PHARMACEUTICA 10,561 15,868
G0250X107 AMCOR PLC 8,077 6,897
G0450A105 ARCH CAPITAL GROUP L    
G5960L103 MEDTRONIC PLC 29,315 31,123
N53745100 LYONDELLBASELL INDUS    
064058100 BANK OF NEW YORK MEL 14,478 32,737
09857L108 BOOKING HOLDINGS INC 10,480 21,421
11135F101 BROADCOM INC 19,091 83,064
278865100 ECOLAB INC 14,095 19,689
29364G103 ENTERGY CORP 20,572 32,535
49177J102 KENVUE INC    
50212V100 LPL FINANCIAL HOLDIN 13,572 18,930
532457108 LILLY ELI & CO 32,108 50,510
608190104 MOHAWK INDUSTRIES IN    
64110L106 NETFLIX INC    
67066G104 NVIDIA CORP 47,371 190,790
697435105 PALO ALTO NETWORKS I 15,275 23,393
704326107 PAYCHEX INC 5,366 5,048
80105N105 SANOFI SPONSORED 7,774 7,657
87612G101 TARGA RESOURCES 15,897 28,229
88160R101 TESLA INC 23,902 44,522
928881101 VONTIER CORP    
98389B100 XCEL ENERGY INC 5,562 7,238
03073E105 CENCORA INC 17,355 24,318
040413205 ARISTA NETWORKS INC 23,826 27,909
063671101 BANK OF MONTREAL QUE 3,256 4,543
07831C103 BELLRING BRANDS INC    
09290D101 BLACKROCK INC 17,039 24,618
125896100 CMS ENERGY CORP    
21874C102 CORE & MAIN INC CL A 18,662 16,371
25243Q205 DIAGEO PLC SPONSORED 4,426 2,933
25278X109 DIAMONDBACK ENERGY I    
277432100 EASTMAN CHEMICAL CO    
30231G102 EXXON MOBIL CORP 7,260 7,702
459200101 INTL BUSINESS MACHIN 21,564 34,953
48020Q107 JONES LANG LASALLE I 17,087 24,899
701094104 PARKER HANNIFIN CORP 15,700 24,611
743315103 PROGRESSIVE CORP 26,754 29,148
75886F107 REGENERON PHARMACEUT    
92939U106 WEC ENERGY GROUP INC 2,432 2,953
02209S103 ALTRIA GROUP INC 3,393 2,941
046353108 ASTRAZENECA PLC SPON 18,002 21,604
12572Q105 CME GROUP INC 5,695 5,735
14040H105 CAPITAL ONE FINANCIA 18,986 23,994
17275R102 CISCO SYSTEMS INC 21,698 26,344
22788C105 CROWDSTRIKE HOLDINGS 12,721 11,719
30034W106 EVERGY INC 27,911 28,561
337932107 FIRSTENERGY CORP 6,009 6,402
37733W204 GSK PLC SPONSORED 4,005 5,542
512807306 LAM RESEARCH CORPORA 25,142 44,849
688239201 OSHKOSH CORP 21,356 21,483
81762P102 SERVICENOW INC 26,715 19,915
876030107 TAPESTRY INC 18,820 27,982
882508104 TEXAS INSTRUMENTS IN 2,531 2,602
90138F102 TWILIO INC CL A 13,551 16,642
904767803 UNILEVER PLC SPONSOR 3,926 3,917
91912E105 VALE S.A. SPONSORED 20,258 22,842
92537N108 VERTIV HOLDINGS LLC 12,236 10,855
949746101 WELLS FARGO & CO 28,308 33,459
F92124100 TOTALENERGIES SE 8,836 10,467

TY 2025 InvestmentsOtherSchedule2
Name:
STEWART DE & VE FDN CO-TA
EIN:
65-6389167
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
756109104 REALTY INCOME CORP AT COST 6,244 6,201
277902235 EATON VANCE ATLANTA      
256210105 DODGE & COX INCOME F AT COST 314,472 298,302
04314H857 ARTISAN INTERNATIONA      
46653M849 JOHCM INTERNATIONAL      
87283A102 T. ROWE PRICE QM US AT COST 70,510 65,161
233203843 DFA US SMALL CAP POR AT COST 69,654 83,023
38147N269 GOLDMAN SACHS GQG PA      
464287507 ISHARES CORE S&P MID AT COST 61,818 84,084
00771X419 GQG PARTNERS EMERGIN AT COST 62,633 72,807
29444U700 EQUINIX INC AT COST 12,822 12,259
015271109 ALEXANDRIA REAL ESTA      
74340W103 PROLOGIS INC AT COST 8,029 8,809
14064D451 FULLERTHALER BEHAVIO AT COST 83,596 81,625
233203371 DFA INTERNATIONAL CO AT COST 139,256 148,462
921943858 VANGUARD FTSE DEVELO AT COST 125,690 125,690
922908629 VANGUARD INDEX FUND AT COST 83,521 82,713

TY 2025 OtherDecreasesSchedule
Name:
STEWART DE & VE FDN CO-TA
EIN:
65-6389167
Description Amount
COST BASIS ADJUSTMENT 628
2025 TRANSACTIONS POSTED IN 2026 1,852


TY 2025 OtherExpensesSchedule
Name:
STEWART DE & VE FDN CO-TA
EIN:
65-6389167
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER EXPENSE (NON-DEDUCTIBLE 48 48   0


TY 2025 OtherIncreasesSchedule
Name:
STEWART DE & VE FDN CO-TA
EIN:
65-6389167
Description Amount
2024 TRANSACTIONS POSTED IN 2025 2,057
ADJUSTMENT TO INCOME 30


TY 2025 OtherProfessionalFeesSchedule
Name:
STEWART DE & VE FDN CO-TA
EIN:
65-6389167
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMNT MNGMNT FEES (NON-DED 668 668    


TY 2025 TaxesSchedule
Name:
STEWART DE & VE FDN CO-TA
EIN:
65-6389167
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 373 373   0
FEDERAL TAX PAYMENT - PRIOR YE 2 0   0
FEDERAL ESTIMATES - PRINCIPAL 2,820 0   0
FOREIGN TAXES ON QUALIFIED FOR 438 438   0
FOREIGN TAXES ON NONQUALIFIED 80 80   0