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
HENRY LAIRD SMITH FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address) 4400 HARDING PIKE SUITE 310
  Room/suite
City or town
NASHVILLE
State or province
TN
Country  
ZIP or foreign postal code
372055215
A Employer identification number

62-6271796
B Telephone number (see instructions)

6154609240
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)$16,857,065J 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 130,135 130,135  
4 Dividends and interest from securities... 241,698 241,698  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 698,004
b Gross sales price for all assets on line 6a 2,771,012
7 Capital gain net income (from Part IV, line 2)... 698,004
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
174 174 0
12 Total. Add lines 1 through 11........ 1,070,011 1,070,011 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 62,961 25,184 0 37,777
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
4,050 0 0 4,050
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
45,231 45,231 0 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
36,251 5,611 0 0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
916 916 0 0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 149,409 76,942 0 41,827
25 Contributions, gifts, grants paid....... 601,000 601,000
26 Total expenses and disbursements. Add lines 24 and 25 ................ 750,409 76,942 0 642,827
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 319,602
b Net investment income (if negative, enter -0-) 993,069
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.............      
2 Savings and temporary cash investments......... 1,210,550 1,211,789 1,211,789
3 Accounts receivable  
Less: allowance for doubtful accounts        
4 Pledges receivable  
Less: allowance for doubtful accounts        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule)  
Less: allowance for doubtful accounts        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 11,281,095 Click to see attachment
List of Attached Documents:
// Content
11,599,458 		15,645,276
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
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) 12,491,645 12,811,247 16,857,065
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe )    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 11,058,523 11,058,523
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 1,433,122 1,752,724
29 Total net assets or fund balances (see instructions)..... 12,491,645 12,811,247
30 Total liabilities and net assets/fund balances (see instructions). 12,491,645 12,811,247
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
12,491,645
2
Enter amount from Part I, line 27a .....................
2
319,602
3
Other increases not included in line 2 (itemize)
3
0
4
Add lines 1, 2, and 3 ..........................
4
12,811,247
5
Decreases not included in line 2 (itemize)
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
12,811,247
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 78 SH AMAZON COM INC P 2024-11-06 2025-02-24
b 1220 SH ARISTA NETWORKS INC P 2024-10-04 2025-04-03
c 82 SH W R BERKLEY CORP P 2025-04-04 2025-06-09
d 17 SH CH ROBINSON WORLDWIDE INC P 2025-04-04 2025-10-31
e 39 SH CH ROBINSON WORLDWIDE INC P 2025-04-04 2025-05-01
6 SH CASEYS GENERAL STORES INC P 2025-04-04 2025-09-16
273 SH COCA-COLA CO P 2025-04-03 2025-08-08
0.6 SH COMMERCE BANCSHARES INC P 2025-12-12 2025-12-23
353 SH FMC CORP P 2025-04-04 2025-11-24
37 SH META PLATFORMS INC CL A P 2024-09-18 2025-04-04
445 SH GENERAL DYNAMICS CORP P 2024-05-07 2025-01-29
36 SH HEXCEL CORP P 2025-06-13 2025-11-19
190 SH HORMEL FOODS CORPORATION P 2025-07-21 2025-11-24
32 SH KEYSIGHT TECHNOLOGIES INC P 2025-04-04 2025-11-05
18 SH M&T BANK CORP P   2025-12-12
1357 SH MEITUAN ADR P   2025-09-16
200 SH MITSUBISHI HEAVY INDUSTRIES P 2024-07-30 2025-03-05
202 SH MITSUBISHI HEAVY INDUSTRIES P 2024-08-16 2025-07-16
112 SH MUELLER WATER PRODUCTS INC CL A P 2025-04-04 2025-09-16
62 SH NORTHERN TRUST CORP P 2025-04-04 2025-09-17
39 SH REV GROUP INC P 2025-04-04 2025-09-16
1471 SH ROLLS ROYCE PLC ADR P 2024-10-31 2025-05-05
68 SH SALESFORCE INC P 2024-09-05 2025-07-30
9 SH SAP SE ADR P 2024-12-27 2025-04-23
39 SH SEA LTD SP ADR P 2024-07-02 2025-03-05
3 SH SEA LTD SP ADR P 2024-07-02 2025-06-04
71 SH SIEMENS ENERGY AG P 2025-01-29 2025-11-10
20 SH JM SMUCKER CO P 2025-04-04 2025-11-24
23 SH TAIWAN SEMICONDUCTOR MFG CO LTD ADR P 2024-04-23 2025-04-23
477 SH VANGUARD VALUE ETF P 2024-05-21 2025-04-04
310 SH WERNER ENTERPRISES INC P 2025-04-04 2025-05-21
39 SH ZIMMER BIOMET HOLDINGS INC P 2025-04-04 2025-12-08
13 SH STERIS PLC P 2025-04-04 2025-05-21
17 SH SPOTIFY TECHNOLOGY SA P 2024-04-19 2025-02-14
85 SH ALPHABET INC CL A P 2023-10-27 2025-09-24
723 SH ANALOG DEVICES INC P   2025-03-25
343 SH ASTRAZENECA PLC ADR P 2022-07-08 2025-04-25
55 SH ATLASSIAN CORP CL A P 2021-09-21 2025-01-31
119 SH ATLASSIAN CORP CL A P   2025-08-12
53 SH BAE SYSTEMS PLC ADR P 2023-05-03 2025-04-23
68 SH CANADIAN NATURAL RESOURCES LTD P 2023-12-27 2025-06-04
1123 SH COMPASS GROUP PLC ADR P 2023-06-28 2025-12-15
98 SH COMPASS GROUP PLC ADR P 2023-06-28 2025-04-23
91 SH COUPANG INC CL A P 2024-04-22 2025-04-23
977 SH DAVITA INC P   2025-04-17
666 SH DAVITA INC P   2025-08-06
189 SH FERGUSON PLC NEW P   2025-03-11
62 SH GOLDMAN SACHS GROUP INC P   2025-09-24
812 SH INGREDION INC P   2025-10-03
714 SH INTERCONTINENTAL EXCHANGE INC P   2025-10-20
7328.42 SH WCM SMID QUALITY VALUE INSTL P   2025-10-03
26326 SH ISHARES GOLD TRUST ETF P 2000-01-01 2025-01-31
18756 SH ISHARES GOLD TRUST ETF P 2000-01-01 2025-10-31
18756 SH ISHARES GOLD TRUST ETF P 2000-01-01 2025-11-30
18756 SH ISHARES GOLD TRUST ETF P 2000-01-01 2025-12-31
26326 SH ISHARES GOLD TRUST ETF P 2000-01-01 2025-02-28
26326 SH ISHARES GOLD TRUST ETF P 2000-01-01 2025-03-31
7570 SH ISHARES GOLD TRUST ETF P   2025-04-23
18756 SH ISHARES GOLD TRUST ETF P 2000-01-01 2025-04-30
18756 SH ISHARES GOLD TRUST ETF P 2000-01-01 2025-05-31
18756 SH ISHARES GOLD TRUST ETF P 2000-01-01 2025-06-30
18756 SH ISHARES GOLD TRUST ETF P 2000-01-01 2025-07-31
18756 SH ISHARES GOLD TRUST ETF P 2000-01-01 2025-08-31
18756 SH ISHARES GOLD TRUST ETF P 2000-01-01 2025-09-30
50000 SH JUNIPER NETWORKS INC P 2023-06-06 2025-12-10
299 SH NOVO NORDISK A S P 2022-01-07 2025-04-25
2798 SH OTIS WORLDWIDE CORP P   2025-12-03
179 SH ROPER TECHNOLOGIES INC P   2025-09-26
220 SH SAFRAN SA UNSP ADR P 2023-12-04 2025-02-19
188 SH SAFRAN SA UNSP ADR P 2023-12-04 2025-05-05
103 SH SALESFORCE INC P 2023-04-04 2025-02-24
294 SH SALESFORCE INC P 2023-04-04 2025-07-30
295 SH SCHNEIDER ELECTRIC SE ADR P 2022-11-17 2025-02-10
581 SH SCHNEIDER ELECTRIC SE ADR P 2022-11-17 2025-03-10
25 SH VANGUARD S&P 500 ETF P 2019-03-14 2025-04-04
331 SH WHEATON PRECIOUS METALS CORP P 2024-09-13 2025-10-08
264 SH ICON PLC P   2025-05-06
6 SH LINDE PLC P 2022-12-30 2025-04-23
47 SH STERIS PLC P 2018-08-03 2025-10-28
69 SH STERIS PLC P 2018-08-03 2025-05-05
45 SH STERIS PLC P 2020-04-13 2025-06-10
38 SH STERIS PLC P   2025-07-22
39 SH SPOTIFY TECHNOLOGY SA P   2025-10-28
15 SH MONDAY.COM LTD P 2024-02-28 2025-04-23
4 SH ASML HOLDING NV ADR P 2019-02-22 2025-04-23
77 SH FERRARI NV P 2021-03-29 2025-06-12
CAPITAL GAIN DISTRIBUTIONS P   2025-12-31
(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 16,695   15,986 709
b 88,679   119,415 -30,736
c 5,867   5,458 409
d 2,579   1,575 1,004
e 3,514   3,614 -100
3,305   2,531 774
19,289   19,990 -701
32   32 0
4,501   12,635 -8,134
18,904   19,846 -942
113,028   130,376 -17,348
2,563   1,985 578
4,270   5,547 -1,277
5,841   4,108 1,733
3,701   2,924 777
34,890   63,147 -28,257
6,204   4,768 1,436
8,937   5,269 3,668
2,836   2,598 238
8,090   5,335 2,755
2,291   1,129 1,162
15,224   10,444 4,780
17,942   16,718 1,224
2,442   2,250 192
5,702   2,739 2,963
507   211 296
8,713   4,031 4,682
2,069   2,326 -257
3,602   3,072 530
76,361   77,774 -1,413
8,281   8,511 -230
3,628   4,268 -640
3,223   2,765 458
10,813   4,646 6,167
20,986   10,346 10,640
154,315   64,768 89,547
23,820   23,042 778
16,858   22,488 -5,630
19,428   32,761 -13,333
4,770   2,777 1,993
2,100   2,264 -164
34,938   32,072 2,866
3,262   2,799 463
2,054   2,047 7
135,605   119,911 15,694
85,447   60,049 25,398
30,151   27,525 2,626
49,427   24,655 24,772
98,481   82,925 15,556
110,071   52,987 57,084
85,230   96,100 -10,870
286   201 85
305   159 146
295   146 149
321   154 167
265   183 82
310   197 113
469,860   249,133 220,727
230   150 80
249   155 94
240   150 90
248   155 93
250   150 100
258   139 119
50,000   50,000 0
18,525   15,140 3,385
243,989   208,575 35,414
89,181   58,345 30,836
14,370   9,656 4,714
12,864   8,251 4,613
31,891   20,329 11,562
77,573   58,027 19,546
14,691   8,513 6,178
27,249   16,765 10,484
11,860   6,469 5,391
35,841   20,737 15,104
35,874   54,745 -18,871
2,679   1,951 728
11,256   5,360 5,896
15,578   7,893 7,685
10,896   6,625 4,271
8,512   4,964 3,548
25,797   12,249 13,548
3,752   3,296 456
2,644   739 1,905
36,674   15,768 20,906
124,733     124,733
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       709
b       -30,736
c       409
d       1,004
e       -100
      774
      -701
      0
      -8,134
      -942
      -17,348
      578
      -1,277
      1,733
      777
      -28,257
      1,436
      3,668
      238
      2,755
      1,162
      4,780
      1,224
      192
      2,963
      296
      4,682
      -257
      530
      -1,413
      -230
      -640
      458
      6,167
      10,640
      89,547
      778
      -5,630
      -13,333
      1,993
      -164
      2,866
      463
      7
      15,694
      25,398
      2,626
      24,772
      15,556
      57,084
      -10,870
      85
      146
      149
      167
      82
      113
      220,727
      80
      94
      90
      93
      100
      119
      0
      3,385
      35,414
      30,836
      4,714
      4,613
      11,562
      19,546
      6,178
      10,484
      5,391
      15,104
      -18,871
      728
      5,896
      7,685
      4,271
      3,548
      13,548
      456
      1,905
      20,906
      124,733
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 2 698,004
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 -53,500
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 13,804
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 13,804
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 13,804
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 23,320
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 23,320
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  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10 9,516
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax9,516 Refunded 11 0
For Refunded amount, also complete and attach Form 8050. See instructions.
Form 990-PF (2025)
Form 990-PF (2025)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. $ 0(2) On foundation managers.$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
TN
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 ofEQUITABLE TRUST COMPANY CO-TTEE Telephone no. (615) 460-9240

Located at4400 HARDING PIKE STE 310NASHVILLETN ZIP+4372055215
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........
and enter the amount of tax-exempt interest received or accrued during the year ........
15
 
16 At any time during calendar year 2025, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country
Form 990-PF (2025)
Form 990-PF (2025)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2025? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2025, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2025?....................
2a
 
No
If "Yes," list the years 20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2025 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Form 4720, Schedule C, to determine
if the foundation had excess business holdings in 2025.).....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2025? ..
4b
 
No
Form 990-PF (2025)
Form 990-PF (2025)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
EQUITABLE TRUST COMPANY CO-TRUSTEE
10.00 		62,961 0 0
4400 HARDING PIKE SUITE 310
NASHVILLE,TN37205
OVERTON T SMITH TRUSTEE
5.00 		0 0 0
500 ELMINGTON AVENUE APT 433
NASHVILLE,TN37205
RUSSELL O STEWART TRUSTEE
5.00 		0 0 0
10 SANDY LAKE ROAD
CHERRY HILLS VILLAGE,CO80113
ELLEN SMITH TRUSTEE
5.00 		0 0 0
214 3RD AVENUE SOUTH
FRANKLIN,TN37064
JEANNETTE WARNER TRUSTEE
5.00 		0 0 0
715 BELLE MEADE BLVD APT AB1
NASHVILLE,TN37205
SLOAN WARNER JR TRUSTEE
5.00 		0 0 0
791 HARBOR POINT
LEXINGTON,KY40502
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000................... 0
Form 990-PF (2025)
Form 990-PF (2025)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................0
Form 990-PF (2025)
Form 990-PF (2025)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
14,927,025
b
Average of monthly cash balances.......................
1b
1,132,041
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
16,059,066
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
16,059,066
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
240,886
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
15,818,180
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
790,909
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
790,909
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
13,804
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
13,804
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
777,105
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
777,105
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
777,105
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
642,827
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
642,827
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 7 777,105
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...... 92,156
b From 2021...... 33,568
c From 2022...... 17,488
d From 2023...... 82,966
e From 2024......  
f Total of lines 3a through e ........ 226,178
4Qualifying distributions for 2025 from Part
XI, line 4: $ 642,827
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..... 642,827
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2025. 134,278 134,278
(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 91,900
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2024. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2025. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2026 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2020 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		91,900
10 Analysis of line 9:
a Excess from 2021 ....  
b Excess from 2022 .... 8,934
c Excess from 2023 .... 82,966
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 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

ALIVE HOSPICE

1718 PATTERSON ST
NASHVILLE,TN37203 		NONE   DONATION 10,000

BELMONT UNIVERSITY - OFFICE OF DEVELOPMENT

1900 BELMONT BOULEVARD
NASHVILLE,TN37212 		NONE   DONATION 300

BLUE GRASS COMMUNITY FOUNDATION

499 EAST HIGH STREET
LEXINGTON,KY40507 		NONE   DONATION 2,000

BLUEGRASS CONSERVANCY

450 OLD VINE STREET SUITE 105
LEXINGTON,KY405071544 		NONE   DONATION 1,000

CAMP HORSIN' AROUND

1159 CLAUCH ROAD
LEXINGTON,KY40468 		NONE   DONATION 5,000

CASA OF LEXINGTON

3425 LOCH NESS DR
LEXINGTON,KY40517 		NONE   DONATION 500

CENTENNIAL PARK CONSERVANCY

2565 PARK PLAZA
NASHVILLE,TN37203 		NONE   DONATION 500

CHEEKWOOD

1200 FORREST PARK DRIVE
NASHVILLE,TN37205 		NONE   DONATION 2,500

CHRIST CHURCH CATHEDRAL

900 BROADWAY
NASHVILLE,TN37203 		NONE   DONATION 17,500

CHURCH OF THE GOOD SHEPHERD

533 EAST MAIN ST
LEXINGTON,KY40508 		NONE   DONATION 3,000

ENSWORTH SCHOOL

211 ENSWORTH PLACE
NASHVILLE,TN37205 		NONE   DONATION 500

FRIENDS OF RADNOR LAKE

1160 OTTER CREEK RD
NASHVILLE,TN37220 		NONE   DONATION 1,000

FRIENDS OF WARNER PARKS

50 VAUGHN ROAD
NASHVILLE,TN37221 		NONE   DONATION 2,000

HARPETH HALL SCHOOL

3801 HOBBS ROAD
NASHVILLE,TN37215 		NONE   DONATION 26,000

HERITAGE FOUNDATION

112 BRIDGE STREET
FRANKLIN,TN37064 		NONE   DONATION 20,000

JOHN LAIRD CEMETERY ASSOCIATION

15 VALLEY FORGE
NASHVILLE,TN37205 		NONE   DONATION 1,000

KENTUCKY CHILDREN'S HOSPITAL

PO BOX 34184
LEXINGTON,KY40588 		NONE   DONATION 10,000

KENTUCKY EDUCATIONAL TELEVISION

600 COOPER DRIVE
LEXINGTON,KY40502 		NONE   DONATION 1,500

KIPS BAY BOYS AND GIRLS CLUB

1930 RANDALL AVENUE
BRONX,NY10473 		NONE   DONATION 1,000

LARKSPUR CONSERVATION

PO BOX 120279
NASHVILLE,TN37212 		NONE   DONATION 250

LEXARTS INC

161 NORTH MILL STREET
LEXINGTON,KY40507 		NONE   DONATION 5,000

MEHARRY MEDICAL COLLEGE

1005 DR DB TODD JR BLVD
NASHVILLE,TN372083599 		NONE   DONATION 5,000

NASHVILLE OPERA

3622 REDMON ST
NASHVILLE,TN37209 		NONE   DONATION 1,250

NASHVILLE PUBLIC MEDIA

PO BOX 41972
NASHVILLE,TN37204 		NONE   DONATION 250

NASHVILLE PUBLIC RADIO

PO BOX 305172
NASHVILLE,TN37230 		NONE   DONATION 1,200

NASHVILLE PUBLIC TELEVISION

PO BOX 305172
NASHVILLE,TN37230 		NONE   DONATION 1,250

NASHVILLE SYMPHONY

1 SYMPHONY PLACE
NASHVILLE,TN37201 		NONE   DONATION 6,000

NASHVILLE TREE FOUNDATION

PO BOX 58962
NASHVILLE,TN37205 		NONE   DONATION 30,000

NEW YORK UNIVERSITY SCHOOL OF LAW

22 WASHINGTON SQUARE N
NEW YORK,NY10011 		NONE   DONATION 250

RONALD MCDONALD HOUSE CHARITIES

2144 FAIRFAX AVENUE
NASHVILLE,TN37212 		NONE   DONATION 5,000

SAINT AUGUSTINE CHAPEL

PO BOX 6330B
NASHVILLE,TN37235 		NONE   DONATION 10,000

SECOND HARVEST

331 GREAT CIRCLE ROAD
NASHVILLE,TN37228 		NONE   DONATION 150,000

SILOAM FAMILY HEALTH CENTER

820 GALE LANE
NASHVILLE,TN37204 		NONE   DONATION 10,000

ST GEORGE'S EPISCOPAL CHURCH

4715 HARDING ROAD
NASHVILLE,TN37205 		NONE   DONATION 15,000

ST JAMES THE LESS SCARSDALE

10 CHURCH LANE SOUTH
SCARSDALE,NY10583 		NONE   DONATION 1,250

ST JOHN'S EPISCOPAL CATHEDRAL

1350 WASHINGTON STREET
DENVER,CO80203 		NONE   DONATION 10,000

ST LUKE'S COMMUNITY HOUSE

5601 NEW YORK AVENUE
NASHVILLE,TN37209 		NONE   DONATION 15,000

STEP BY STEP

PO BOX 593
LEXINGTON,KY40588 		NONE   DONATION 1,000

THE HERMITAGE

4580 RACHELS LANE
NASHVILLE,TN37076 		NONE   DONATION 11,000

THE LAND TRUST FOR TENNESSEE

PO BOX 41027
NASHVILLE,TN37204 		NONE   DONATION 106,000

THE LEXINGTON SCHOOL

1050 LANE ALLEN ROAD
LEXINGTON,KY40504 		NONE   DONATION 1,000

THE WELCOME GARDEN

1575 CAMPBELL ROAD
GOODLETTSVILLE,TN37072 		NONE   DONATION 18,000

TRAVELERS REST

636 FARRELL PKWY
NASHVILLE,TN37220 		NONE   DONATION 21,000

UNITED WAY OF WESTCHESTER

336 CENTRAL PARK AVE
WHITE PLAINS,NY10606 		NONE   DONATION 1,000

VANDERBILT COLLEGE OF ARTS & SCIENCES

2301 VANDERBILT PLACE
NASHVILLE,TN37240 		NONE   DONATION 2,500

VANDERBILT LAW SCHOOL

131 21ST AVENUE SOUTH
NASHVILLE,TN37203 		NONE   DONATION 2,500

VANDERBILT UNIVERSITY MEDICAL CENTER DEVELOPMENT

525 ROYAL PARKWAY
NASHVILLE,TN37229 		NONE   DONATION 50,000

VIRGINIA EPISCOPAL SCHOOL

400 VES ROAD
LYNCHBURG,VA24503 		NONE   DONATION 10,000

YWCA OF MIDDLE TENNESSEE

1608 WOODMONT BLVD
NASHVILLE,TN37215 		NONE   DONATION 5,000
Total ................................. 3a 601,000
bApproved for future payment
Total ................................. 3b 0
Form 990-PF (2025)
Form 990-PF (2025)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 130,135  
4 Dividends and interest from securities ....     14 241,698  
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 .....     25 174  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 698,004  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 1,070,011 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,070,011
(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
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Form 990-PF (2025)
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Form 990PF - Special Condition Description:
Special Condition Description

TY 2025 AccountingFeesSchedule
Name:
HENRY LAIRD SMITH FOUNDATION
EIN:
62-6271796
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREP FEE 4,050 0 0 4,050

TY 2025 InvestmentsCorpStockSchedule
Name:
HENRY LAIRD SMITH FOUNDATION
EIN:
62-6271796
Name of Stock End of Year Book Value End of Year Fair Market Value
100000 FIDELITY NATIONAL INFO SERV 98,169 99,516
50000 LOCKHEED MARTIN CORP 50,653 50,542
75000 ARCHER DANIELS MIDLAND CO 73,292 74,372
75000 RTX CORP 72,657 74,210
100000 GOLDMAN SACHS GROUP INC 99,131 100,300
75000 MCDONALDS CORP 76,508 77,868
75000 INTL BUSINESS MACHINES 77,415 78,749
75000 DOVER CORP 78,762 79,062
50000 HEICO CORP 49,634 51,420
100000 LENNOX INTERNATIONAL INC 101,226 103,232
50000 AMERIPRISE FINANCIAL INC 50,862 52,420
100000 CBRE SERVICES INC 100,170 103,687
50000 INTEL CORP 44,877 46,700
50000 PHILLIPS 66 45,534 48,034
75000 CONOCOPHILLIPS CO 82,634 84,678
75000 CIGNA GROUP 65,610 69,664
50000 LABORATORY CORP OF AMERICA 49,896 50,116
75000 SYSCO CORP 77,572 79,549
75000 NORTHROP GRUMMAN CORP 82,910 86,440
100000 APTIV PLC 88,514 93,574
50000 NASDAQ INC 52,606 52,589
100000 AFFILIATED MANAGERS GR INC 100,694 102,635
75000 JPMORGAN CHASE & CO 75,000 75,328
511 ALPHABET INC CL A 37,318 159,943
532 AMAZON.COM INC 109,754 122,796
109 APTARGROUP INC 15,353 13,294
166 ARROW ELECTRONICS INC 15,218 18,290
417 AUTOMATIC DATA PROCESSING INC 114,467 107,265
136 AZZ INC 12,295 14,576
300 BERKSHIRE HATHAWAY INC CL B 124,355 150,795
178 BROWN & BROWN INC 17,944 14,187
15 CASEY'S GENERAL STORES INC 6,326 8,291
447 CASS INFORMATION SYSTEMS INC 17,872 18,559
69 CH ROBINSON WORLDWIDE INC 6,394 11,092
1270 COCA-COLA CO 92,994 88,786
429 COMMERCE BANCSHARES INC 22,476 22,454
281 CROWDSTRIKE HOLDINGS INC CL A 114,123 131,722
92 DAVITA INC 13,760 10,452
416 DEVON ENERGY CORP 12,292 15,238
99 ELI LILLY & CO 106,032 106,393
689 ENSIGN GROUP INC 111,263 120,024
2724 ENTERGY CORP 139,206 251,779
2518 FIDELITY NATIONAL INFORMATION SVS INC 140,106 167,346
737 GENTEX CORP 16,277 17,150
1057 GILEAD SCIENCES INC 130,296 129,736
160 GOLDMAN SACHS GROUP INC 34,612 140,640
330 HEXCEL CORP 15,856 24,387
98 IDEX CORP 16,222 17,438
155 JM SMUCKER CO 17,570 15,161
58 KEYSIGHT TECHNOLOGIES INC 7,445 11,785
54 LABCORP HOLDINGS INC 12,134 13,548
81 M&T BANK CORP 12,602 16,320
208 META PLATFORMS INC CL A 111,566 137,299
253 MGE ENERGY INC 21,619 19,840
259 MICROSOFT CORP 14,696 125,258
103 MOHAWK INDUSTRIES INC 10,862 11,258
111 MSA SAFETY INC 15,593 17,776
444 MUELLER WATER PRODUCTS INC CL A 10,301 10,576
65 NORTHERN TRUST CORP 5,593 8,878
667 NVIDIA CORP 124,846 124,396
150 O'REILLY AUTOMOTIVE INC 14,099 13,682
144 REV GROUP INC 4,167 8,757
183 RPM INTL INC 19,813 19,032
635 S&P GLOBAL INC 244,569 331,845
384 SONOCO PRODUCTS CO 16,685 16,758
100 TELEFLEX INC 13,263 12,204
238 THE TORO CO 15,539 18,735
350 TRACTOR SUPPLY CO 18,623 17,504
809 VERTIV HOLDINGS CO CL A 127,488 131,066
164 W R BERKLEY CORP 10,917 11,500
82 WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP 13,340 17,503
12 WHITE MOUNTAINS INSURANCE GROUP LTD 21,480 24,936
176 ZIMMER BIOMET HOLDINGS INC 18,891 15,826
27915.041 WAYCROSS FOCUSED CORE EQUITY FUND 420,409 553,834
1454 INVESCO QQQ TRUST ETF 639,045 893,207
884 VANGUARD S&P 500 ETF 228,758 554,383
4362 VANGUARD VALUE ETF 624,154 833,098
3787.272 DF DENT MIDCAP GROWTH INSTL 129,900 140,811
794 INVESCO S&P MIDCAP QUALITY ETF 83,671 81,321
6553 ISHARES CORE S&P MID-CAP ETF 386,109 432,498
947 ISHARES RUSSELL 2000 ETF 191,986 233,114
339 ISHARES RUSSELL 2000 GROWTH ETF 88,271 109,500
1089 ISHARES RUSSELL MID-CAP GROWTH ETF 150,399 149,128
1586 ISHARES RUSSELL MID-CAP VALUE ETF 193,404 223,705
4956 3I GROUP PLC UNSP ADR 48,866 54,378
2895 ADYEN NV ADR 37,277 46,750
86 AON PLC CL A 27,403 30,348
571 ARCH CAPITAL GROUP LTD 39,872 54,770
60 ASM INTL NV ADR 20,724 36,474
75 ASML HOLDING NV ADR 22,758 80,240
559 ASTRAZENECA PLC ADR 39,480 51,389
955 BAE SYSTEMS PLC ADR 60,881 88,066
910 CANADIAN NATURAL RESOURCES LTD 30,299 30,804
680 CANADIAN PACIFIC KANSAS CITY LTD 29,860 50,068
1938 COUPANG INC CL A 43,597 45,717
1259 DEUTSCHE BOERSE AG UNSP ADR 41,182 33,077
678 EXPERIAN PLC ADR 12,909 30,669
164 FERGUSON PLC NEW 40,906 36,511
86 FERRARI NV 17,611 31,782
1419 ICICI BANK LTD SP ADR 32,052 42,286
100 LINDE PLC 33,271 42,639
74 MERCADOLIBRE INC 152,723 149,055
3288 MITSUBISHI HEAVY INDUSTRIES 39,873 80,551
155 MONDAY.COM LTD 33,941 22,872
2812 NINTENDO CO LTD ADR 56,814 47,519
571 NOVO NORDISK A/S ADR 33,172 29,052
2988 NU HLDGS LTD CL A 33,448 50,019
492 PHILIP MORRIS INTL INC 85,867 78,917
85 RHEINMETALL AG ADR 31,938 31,166
7764 ROLLS ROYCE PLC ADR 56,452 120,094
910 SAFRAN SA UNSP ADR 42,492 79,462
282 SAP SE ADR 70,511 68,501
668 SEA LTD SP ADR 46,907 85,217
215 SEAGATE TECHNOLOGIES HOLDINGS PLC 46,617 59,209
276 SHOPIFY INC CL A 47,825 44,428
1111 SIEMENS ENERGY AG 56,820 157,100
97 SPOTIFY TECHNOLOGY SA 26,510 56,329
57 STERIS PLC 12,121 14,451
467 TAIWAN SEMICONDUCTOR MFG CO LTD ADR 66,321 141,917
748 TENCENT HOLDINGS LTD ADR 50,869 57,564
1233 UBS GROUP AG 38,101 57,100
171 WASTE CONNECTIONS INC 22,936 29,987
1035 WHEATON PRECIOUS METALS CORP 64,843 121,633
4367 VANGUARD INTL HIGH DIVIDEND YIELD ETF 278,887 393,030
22014.112 CHAUTAUQUA INTERNATIONAL GROWTH I 343,200 487,833
30544.603 KOPERNIK GLOBAL ALL CAP INSTL 347,645 474,052
17608.506 FIRST EAGLE GLOBAL INSTL 1,181,867 1,426,465
18756 ISHARES GOLD TRUST ETF 574,866 1,522,425

TY 2025 OtherExpensesSchedule
Name:
HENRY LAIRD SMITH FOUNDATION
EIN:
62-6271796
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
MISCELLANEOUS 916 916 0 0


TY 2025 OtherIncomeSchedule2
Name:
HENRY LAIRD SMITH FOUNDATION
EIN:
62-6271796
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
SEC LITIGATION SETTLEMENT 174 174 0


TY 2025 OtherProfessionalFeesSchedule
Name:
HENRY LAIRD SMITH FOUNDATION
EIN:
62-6271796
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT FEES 45,231 45,231 0 0


TY 2025 TaxesSchedule
Name:
HENRY LAIRD SMITH FOUNDATION
EIN:
62-6271796
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 5,611 5,611 0 0
2024 990-PF TAX 7,320 0 0 0
2025 990-PF TAX ESTIMATED TAX 23,320 0 0 0