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
SKILLING JOSEPH KENNARD TD
 
Number and street (or P.O. box number if mail is not delivered to street address) PO BOX 505 MAC H0006-092
  Room/suite
City or town
SAINT LOUIS
State or province
MO
Country  
ZIP or foreign postal code
63166
A Employer identification number

23-6419739
B Telephone number (see instructions)

8003523705
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)$5,488,261J 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... 110,225 110,225  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 96,675
b Gross sales price for all assets on line 6a 558,203
7 Capital gain net income (from Part IV, line 2)... 96,675
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........ 206,900 206,900  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 132,900 63,774   69,126
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
1,537 0 0 1,537
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
2,562     2,562
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
10,104 1,261   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
8 8    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 147,111 65,043 0 73,225
25 Contributions, gifts, grants paid....... 182,000 182,000
26 Total expenses and disbursements. Add lines 24 and 25 ................ 329,111 65,043 0 255,225
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -122,211
b Net investment income (if negative, enter -0-) 141,857
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............. 759    
2 Savings and temporary cash investments......... 299,735 310,034 310,034
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).......      
c Investments—corporate bonds (attach schedule)....... 1,294,245 Click to see attachment
List of Attached Documents:
// Content
1,257,921 		1,246,265
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,443,597 Click to see attachment
List of Attached Documents:
// Content
2,348,888 		3,931,962
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) 4,038,336 3,916,843 5,488,261
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........ 4,038,336 3,916,843
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)..... 4,038,336 3,916,843
30 Total liabilities and net assets/fund balances (see instructions). 4,038,336 3,916,843
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
4,038,336
2
Enter amount from Part I, line 27a .....................
2
-122,211
3
Other increases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
3
1,141
4
Add lines 1, 2, and 3 ..........................
4
3,917,266
5
Decreases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
5
423
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
3,916,843
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 10000. BUNGE LTD FINANCE CO 1.630% 8/17/25   2022-03-23 2025-01-06
b 35000. US TREASURY NOTE 2.250% 11/15/25   2019-04-10 2025-01-06
c 10000. O'REILLY AUTOMOTIVE 4.700% 6/15/32   2023-10-18 2025-05-01
d 10000. ROYAL BANK OF CANADA 0.875% 1/20/26   2021-04-27 2025-05-01
e 5000. US TREASURY NOTE 2.625% 1/31/26   2021-08-31 2025-05-01
15000. US TREASURY NOTE 2.250% 11/15/25   2018-05-10 2025-05-01
318.627 INV OPP DEVELOP MRKTS-R6 7038   2014-02-19 2025-05-14
20000. ABBVIE INC 3.600% 5/14/25   2021-01-15 2025-05-14
3713.892 ABERDEEN EMERG MARKETS-INST 5840   2021-07-15 2025-05-14
15000. GOLDMAN SACHS GROUP 3.750% 5/22/25   2017-09-27 2025-05-22
2465.393 INV OPP DEVELOP MRKTS-R6 7038   2014-02-19 2025-07-31
25000. US TREASURY NOTE 2.625% 1/31/26   2019-04-05 2025-07-31
1006.711 T. ROWE PR SM-CAP STOCK I #525   2020-12-17 2025-09-17
15000. US TREASURY NOTE 2.625% 1/31/26   2022-03-23 2025-10-17
15000. US TREASURY NOTE 2.625% 1/31/26   2022-03-23 2025-12-08
20000. US TREASURY NOTE 2.125% 5/31/26   2019-07-18 2025-12-08
10000. US TREASURY NOTE 2.125% 5/31/26   2019-07-18 2025-12-24
10000. US TREASURY NOTE 2.000% 11/15/26   2017-07-26 2025-12-24
464.67 FHLMC POOL #RR0047 4.500% 12/01/40   2025-12-08 2025-12-31
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 9,812   9,491 321
b 34,415   34,927 -512
c 9,784   9,092 692
d 9,752   9,872 -120
e 4,948   5,421 -473
14,851   14,283 568
13,038   11,432 1,606
20,000   22,230 -2,230
54,371   79,180 -24,809
15,000   15,388 -388
104,188   88,452 15,736
24,793   25,364 -571
59,849   64,148 -4,299
14,947   15,135 -188
14,972   15,135 -163
19,850   20,477 -627
9,938   10,127 -189
9,863   9,730 133
465   464 1
      113,367
      113,367
      113,367
      113,367
      113,367
      113,367
      113,367
      113,367
      113,367
      113,367
      113,367
      113,367
      113,367
      113,367
      113,367
      113,367
      113,367
      113,367
      113,367
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       321
b       -512
c       692
d       -120
e       -473
      568
      1,606
      -2,230
      -24,809
      -388
      15,736
      -571
      -4,299
      -188
      -163
      -627
      -189
      133
      1
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 96,675
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ......................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 1,972
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 1,972
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 1,972
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 4,660
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 4,660
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 2,688
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax1,972 Refunded 11 716
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)
PA
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 address  
14
The books are in care ofWELLS FARGO BANK NA Telephone no. (800) 352-3705

Located at100 N MAIN ST FL 5D4001-052WINSTONSALEMNC ZIP+427101
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
WILLIAM W SPALDING CO-TRUSTEE
1 		21,758    
100 N MAIN ST FL 5D4001-052
WINSTON SALEM,NC27101
MARY ELLEN LANDRETH CO-TRUSTEE
1 		21,758    
100 N MAIN ST FL 5D4001-052
WINSTON SALEM,NC27101
CHRISTINA MCKINLEY CO-TRUSTEE
1 		21,758    
100 N MAIN ST FL 5D4001-052
WINSTON SALEM,NC27101
WELLS FARGO BANK N A TRUSTEE
1 		67,626    
100 N MAIN ST FL 5D4001-052
WINSTON SALEM,NC27101
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
5,062,583
b
Average of monthly cash balances.......................
1b
215,673
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
5,278,256
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
5,278,256
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
79,174
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
5,199,082
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
259,954
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
259,954
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
1,972
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
1,972
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
257,982
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
257,982
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
257,982
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
255,225
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
255,225
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 7 257,982
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 68,540
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2025:
a From 2020...... 0
b From 2021...... 0
c From 2022...... 0
d From 2023...... 0
e From 2024...... 0
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2025 from Part
XI, line 4: $ 255,225
a Applied to 2024, but not more than line 2a 68,540
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..... 186,685
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2025. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 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 .......... 		71,297
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).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, 2b, 2c, and 2d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
WELLS FARGO BANK N A
100 North Main Street D4001-065
WinstonSalem,NC27101
(800) 352-3705
GRANTADMINISTRATION@WELLSFARGO.COM
bThe form in which applications should be submitted and information and materials they should include:
SEE ONLINE www.wellsfargo.com/private-foundations
cAny submission deadlines:
SEE ONLINE www.wellsfargo.com/private-foundations
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
SEE ONLINE www.wellsfargo.com/private-foundations
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

ACADEMY IN MANAYUNK INC

1200 RIVER RD STE 100
CONSHOHOCKEN,PA194282442 		NONE   GENERAL OPERATING 5,000

MIGHTY WRITERS

12 E CHURCH LN
PHILADELPHIA,PA191442213 		NONE   GENERAL OPERATING 3,000

CLARKE SCHOOL FOR THE DEAF

45 ROUND HILL RD
NORTHAMPTON,MA010602123 		NONE   GENERAL OPERATING 4,000

WOMEN IN TRANSITION INC

70 INDUISTRIAL AVE E
LOWELL,MA01852 		NONE   GENERAL OPERATING 5,000

CRADLES TO CRAYONS INC

281 NEWTONVILLE AVE
NEWTON,MA024602013 		NONE   GENERAL OPERATING 3,000

STARFINDER FOUNDATION

4015 MAIN ST
PHILADELPHIA,PA191272111 		NONE   GENERAL OPERATING 3,000

WEST PHILADELPHIA ALLIANCE FOR CHILDREN

4125 LANCASTER AVE FL 1
PHILADELPHIA,PA19104 		NONE   GENERAL OPERATING 5,000

IRON SHARPENS IRON

41 CROSSROADS PLZ STE 186
WEST HARTFORD,CT06117 		NONE   GENERAL OPERATING 3,000

THE PHILADELPHIA EDUCATION FUND

718 ARCH ST STE 700N
PHILADELPHIA,PA191061528 		NONE   GENERAL OPERATING 4,000

CONNECTEDLY

4100 MAIN ST
PHILADELPHIA,PA19127 		NONE   GENERAL OPERATING 6,000

NEED IN DEED

441 E HIGH STREET UNIT A
PHILADELPHIA,PA191441111 		NONE   GENERAL OPERATING 7,000

DIOCESE OF PENNSYLVANIA

23 E AIRY ST
NORRISTOWN,PA194014815 		NONE   GENERAL OPERATING 4,000

PENNSYLVANIA SPCA

350 E ERIE AVE
PHILADELPHIA,PA19134 		NONE   GENERAL OPERATING 5,000

GIRL SCOUTS OF EASTERN PENNSYLVANIA INC

330 MANOR RD
MIQUON,PA194441741 		NONE   GENERAL OPERATING 3,000

WHOSOEVER GOSPEL MISSION AND RESCUE HOME

101 E CHELTEN AVE
PHILADELPHIA,PA19144 		NONE   GENERAL OPERATING 5,500

SETTLEMENT MUSIC SCHOOL OF PHILADELPHIA

PO BOX 63966
PHILADELPHIA,PA191477966 		NONE   GENERAL OPERATING 5,000

WILLIAMSON COLLEGE OF THE TRADES

106 S NEW MIDDLETOWN RD
MEDIA,PA190635299 		NONE   GENERAL OPERATING 4,000

VISIONLINK

1800 BYBERRY RD
BENSALEM,PA190206758 		NONE   GENERAL OPERATING 4,000

WAGNER FREE INSTITUTE OF SCIENCE

1700 W MONTGOMERY AVE
PHILADELPHIA,PA191213227 		NONE   GENERAL OPERATING 5,000

PENNSYLVANIA SCHOOL FOR THE DEAF

100 W SCHOOL HOUSE LN
PHILADELPHIA,PA191443404 		NONE   GENERAL OPERATING 5,000

TALLER PUERTORRIQUENO INC

2600 N 5TH ST
PHILADELPHIA,PA191332626 		NONE   GENERAL OPERATING 3,000

BOYS GIRLS CLUBS OF PHILADELPHIA INC

1518 WALNUT ST STE 712
PHILADELPHIA,PA191023404 		NONE   GENERAL OPERATING 5,000

WOMEN AGAINST ABUSE INC

100 S BROAD ST
PHILADELPHIA,PA191101024 		NONE   GENERAL OPERATING 4,000

WYCK ASSOCIATION

6026 GERMANTOWN AVE
PHILADELPHIA,PA191442112 		NONE   GENERAL OPERATING 4,000

BETHESDA PROJECT

1630 SOUTH STREET
PHILADELPHIA,PA19146 		NONE   GENERAL OPERATING 4,000

PHILABUNDANCE

3616 S GALLOWAY STREET
PHILADELPHIA,PA19148 		NONE   GENERAL OPERATING 5,000

GEMMA SERVICES

512 TOWNSHIP LINE RD
PLYMOUTH MTNG,PA194621001 		NONE   GENERAL OPERATING 5,000

BAKER INDUSTRIES INC

184 PENNSYLVANIA AVE
MALVERN,PA193552418 		NONE   GENERAL OPERATING 5,000

METROPOLITAN AREA NEIGHBORHOOD

2323 RANSTEAD STREET
PHILADELPHIA,PA19103 		NONE   GENERAL OPERATING 7,500

KORESH DANCE COMPANY

2002 RITTENHOUSE SQ
PHILADELPHIA,PA191035621 		NONE   GENERAL OPERATING 5,000

ANGEL FLIGHT EAST

1501 NARCISSA RD
BLUE BELL,PA194222404 		NONE   GENERAL OPERATING 3,000

THE ROCK SCHOOL FOR DANCE EDUCATION

1101 S BROAD ST
PHILADELPHIA,PA191474410 		NONE   GENERAL OPERATING 4,000

BREAKTHROUGH OF GREATER PHILADELPHIA INC

34 W COULTER ST
PHILADELPHIA,PA191442802 		NONE   GENERAL OPERATING 4,000

CAREER WARDROBE

444 N 3RD ST STE 105
PHILADELPHIA,PA191234141 		NONE   GENERAL OPERATING 4,000

1812 PRODUCTIONS INC

2329 S 3RD ST
PHILADELPHIA,PA191484019 		NONE   GENERAL OPERATING 2,000

ONE HOUSE AT A TIME

411 SUSQUEHANNA RD
AMBLER,PA190024947 		NONE   GENERAL OPERATING 2,000

JOHN BARTRAM ASSOCIATION

54TH LINDBERGH BLVD
PHILADELPHIA,PA191430000 		NONE   GENERAL OPERATING 5,000

LIVECONNECTIONS ORG

3025 WALNUT ST
PHILADELPHIA,PA191043402 		NONE   GENERAL OPERATING 3,000

VETRI FOUNDATION FOR CHILDREN

915 SPRING GARDEN ST STE 103
PHILADELPHIA,PA191232637 		NONE   GENERAL OPERATING 4,000

CHESTNUT HILL MEALS ON WHEELS

1710 BETHLEHEM PIKE
FLOURTOWN,PA190311626 		NONE   GENERAL OPERATING 4,000

MID ATLANTIC ROBOTICS

5 WALKING PURCHASE DR
PENNINGTON,NJ08534 		NONE   GENERAL OPERATING 5,000

OPERATION WARM INC

50 APPLIED BANK BLVD STE 204
GLEN MILLS,PA193421092 		NONE   GENERAL OPERATING 6,000
Total ................................. 3a 182,000
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 ....     14 110,225  
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 96,675  
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) ..   206,900  
13Total. Add line 12, columns (b), (d), and (e)..................
13
206,900
(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:
SKILLING JOSEPH KENNARD TD
EIN:
23-6419739
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC 1,537     1,537

TY 2025 InvestmentsCorpBondsSchedule
Name:
SKILLING JOSEPH KENNARD TD
EIN:
23-6419739
Name of Bond End of Year Book Value End of Year Fair Market Value
38148LAE6 GOLDMAN SACHS GROUP    
9128286T2 US TREASURY NOTE 2.3 59,511 57,689
9128286X3 US TREASURY NOTE    
06051GGA1 BANK OF AMERICA CORP 20,564 19,814
46625HRV4 JPMORGAN CHASE & CO 20,002 19,870
912828M56 US TREASURY NOTE    
036752AB9 ANTHEM INC 26,084 24,881
14040HBN4 CAPITAL ONE FINANCIA 21,536 19,940
29444UBL9 EQUINIX INC 15,067 14,229
912828U24 US TREASURY NOTE 2.0 38,409 39,472
9128286A3 US TREASURY NOTE    
25389JAR7 DIGITAL REALTY TRUST 21,494 19,892
9128283W8 US TREASURY NOTE 67,087 64,020
9128285M8 US TREASURY NOTE 70,020 64,274
961214DW0 WESTPAC BANKING CORP 19,358 19,841
254687FL5 WALT DISNEY COMPANY/ 19,802 18,700
61746BEF9 MORGAN STANLEY 22,829 19,948
126650DM9 CVS HEALTH CORP 20,141 19,132
00287YAQ2 ABBVIE INC    
78016EZM2 ROYAL BANK OF CANADA    
110122DP0 BRISTOL-MYERS SQUIBB 24,493 23,868
693475AZ8 PNC FINANCIAL SERVIC 10,765 9,411
20030NCT6 COMCAST CORP 22,498 20,108
91282CBL4 US TREASURY NOTE 47,737 44,022
907818FU7 UNION PACIFIC CORP 13,612 13,756
120568BB5 BUNGE LTD FINANCE CO    
31428XCD6 FEDEX CORP 9,131 9,073
9128282R0 US TREASURY NOTE 50,275 53,930
91282CDY4 US TREASURY NOTE 1.8 54,073 57,970
023135CH7 AMAZON.COM INC 22,832 24,240
037833EV8 APPLE INC 19,676 20,262
67103HAL1 O'REILLY AUTOMOTIVE 13,481 15,130
91282CGQ8 US TREASURY NOTE 50,551 50,637
92343VGJ7 VERIZON COMMUNICATIO 14,148 15,524
09247XAT8 BLACKROCK INC 19,965 20,461
256677AP0 DOLLAR GENERAL CORP 5,034 5,185
26441CBT1 DUKE ENERGY CORP 13,844 14,951
30303M8L9 META PLATFORMS INC 25,683 25,461
458140CA6 INTEL CORP 9,605 9,643
494553AE0 KINDER MORGAN INC 20,581 20,648
91282CFV8 US TREASURY NOTE 4.1 19,218 20,229
91282CGP0 US TREASURY NOTE 40,627 40,417
91282CJJ1 US TREASURY NOTE 41,662 41,302
91282CJZ5 US TREASURY NOTE 64,882 64,797
91282CKR1 US TREASURY NOTE 15,363 15,199
927804GP3 VIRGINIA ELEC & POWE 20,297 20,239
00206RGQ9 AT&T INC 14,503 15,019
04636NAL7 ASTRAZENECA FINANCE 15,231 15,401
373334KY6 GEORGIA POWER CO 20,086 20,320
59156RCE6 METLIFE INC 15,133 15,810
91282CEW7 US TREASURY NOTE 3.2 14,783 14,948
91282CLW9 US TREASURY NOTE 20,073 20,210
91282CMM0 US TREASURY NOTE 30,690 31,140
91282CNT4 US TREASURY NOTE 35,485 35,252

TY 2025 InvestmentsOtherSchedule2
Name:
SKILLING JOSEPH KENNARD TD
EIN:
23-6419739
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
74256W584 PRINCIPAL MIDCAP FUN AT COST 172,552 303,247
779572502 T. ROWE PR SM-CAP ST AT COST 98,336 88,027
464287200 ISHARES CORE S & P 5 AT COST 502,989 1,106,178
00143W859 INV OPP DEVELOP MRKT      
04314H758 ARTISAN SMALL CAP FU AT COST 68,192 123,406
77954Q403 T ROWE PRICE BLUE CH AT COST 97,690 295,965
411512528 HARBOR CAPITAL APPRE AT COST 42,933 168,901
922031760 VANGUARD HIGH YIELD AT COST 110,000 105,703
722005667 PIMCO COMMODITY REAL AT COST 50,000 53,534
89154M702 TOUCHSTONE SANDS EM AT COST 75,000 59,281
14064D873 FULRTHALER BHVR SM C AT COST 60,000 83,195
464287499 ISHARES RUSSELL MID- AT COST 100,999 352,348
693390841 PIMCO HIGH YIELD FD- AT COST 110,000 102,449
003021714 ABERDEEN EMERG MARKE AT COST 5,140 4,062
921910501 VANGUARD INTL GRTH F AT COST 112,321 135,961
55273H353 MFS VALUE FUND-R6 48 AT COST 268,229 387,676
256206103 DODGE & COX INTL STO AT COST 255,000 337,487
46090F100 INVESCO OPTIMUM YIEL AT COST 80,059 76,757
3142JCBR0 FHLMC POOL #RR0047 AT COST 34,641 34,728
922042858 VANGUARD FTSE EMERGI AT COST 104,807 113,057

TY 2025 OtherDecreasesSchedule
Name:
SKILLING JOSEPH KENNARD TD
EIN:
23-6419739
Description Amount
CY PURCHASE OF ACCRUED INTEREST 422
CY PENDING SALES 1


TY 2025 OtherExpensesSchedule
Name:
SKILLING JOSEPH KENNARD TD
EIN:
23-6419739
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT EXPENSES - ADR FEES 8 8   0


TY 2025 OtherIncreasesSchedule
Name:
SKILLING JOSEPH KENNARD TD
EIN:
23-6419739
Description Amount
MUTUAL FUND TIMING ADJ 499
PY PURCHASE OF ACCRUED INTEREST 642


TY 2025 OtherProfessionalFeesSchedule
Name:
SKILLING JOSEPH KENNARD TD
EIN:
23-6419739
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
GRANT ADMIN FEE 2,562     2,562


TY 2025 TaxesSchedule
Name:
SKILLING JOSEPH KENNARD TD
EIN:
23-6419739
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 918 918   0
FEDERAL TAX PAYMENT - PRIOR YE 4,183 0   0
FEDERAL ESTIMATES - PRINCIPAL 4,660 0   0
FOREIGN TAXES ON NONQUALIFIED 343 343   0