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
JESS & GRACE PAVEY CHARITABLE TRUST XXXXX3000
 
Number and street (or P.O. box number if mail is not delivered to street address) 10 S DEARBORN IL1-0111
  Room/suite
City or town
CHICAGO
State or province
IL
Country  
ZIP or foreign postal code
60603
A Employer identification number

20-6023538
B Telephone number (see instructions)

8004962583
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)$2,818,966J 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... 70,007 70,001  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 111,129
b Gross sales price for all assets on line 6a 485,333
7 Capital gain net income (from Part IV, line 2)... 111,129
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........ 181,136 181,130  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 52,104 31,342   20,762
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).......        
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
3,405 1,068   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).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 55,509 32,410 0 20,762
25 Contributions, gifts, grants paid....... 104,549 104,549
26 Total expenses and disbursements. Add lines 24 and 25 ................ 160,058 32,410 0 125,311
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 21,078
b Net investment income (if negative, enter -0-) 148,720
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............. 24,591 34,869 34,869
2 Savings and temporary cash investments......... 45,656 31,268 31,268
3 Accounts receivable  
Less: allowance for doubtful accounts     0 0
4 Pledges receivable  
Less: allowance for doubtful accounts        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule)  
Less: allowance for doubtful accounts 0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 1,062,041 Click to see attachment
List of Attached Documents:
// Content
1,057,888 		2,165,261
c Investments—corporate bonds (attach schedule)....... 429,049 Click to see attachment
List of Attached Documents:
// Content
428,612 		425,388
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 124,167 Click to see attachment
List of Attached Documents:
// Content
154,180 		162,180
14 Land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
15 Other assets (describe )      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,685,504 1,706,817 2,818,966
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........ 1,685,504 1,706,817
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 1,685,504 1,706,817
30 Total liabilities and net assets/fund balances (see instructions). 1,685,504 1,706,817
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
1,685,504
2
Enter amount from Part I, line 27a .....................
2
21,078
3
Other increases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
3
1,019
4
Add lines 1, 2, and 3 ..........................
4
1,707,601
5
Decreases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
5
784
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
1,706,817
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 1. COSTCO WHSL CORP NEW   2021-10-27 2025-01-24
b 3. COSTCO WHSL CORP NEW   2021-10-27 2025-01-24
c 1. LILLY ELI & CO   2016-04-07 2025-01-27
d 75. MONSTER BEVERAGE CORP     2025-01-27
e 32. MONSTER BEVERAGE CORP   2022-06-17 2025-01-27
4. MONSTER BEVERAGE CORP   2022-06-17 2025-01-28
13. APPLE COMPUTER INC     2025-02-13
4. NXP SEMICONDUCTORS NV   2024-11-13 2025-02-13
2. NXP SEMICONDUCTORS NV   2024-11-13 2025-02-13
1. NXP SEMICONDUCTORS NV   2024-11-13 2025-02-13
1. NXP SEMICONDUCTORS NV   2020-07-10 2025-02-13
13. HONEYWELL INTL INC   2025-01-24 2025-03-25
3. HONEYWELL INTL INC   2011-05-24 2025-03-25
13. HONEYWELL INTL INC   2011-05-24 2025-03-26
4. HONEYWELL INTL INC   2011-05-24 2025-03-26
7. HONEYWELL INTL INC     2025-03-26
4. HONEYWELL INTL INC   2012-06-15 2025-03-27
5. HONEYWELL INTL INC   2012-06-15 2025-03-27
26. APPLE COMPUTER INC   2024-06-05 2025-04-04
13. APPLE COMPUTER INC     2025-04-09
32. NORFOLK SOUTHN CORP     2025-04-09
16. NORFOLK SOUTHN CORP     2025-04-09
3. REGENERON PHARMACEUTICALS INC     2025-04-28
25. EXXON MOBIL CORP     2025-05-01
28. EXXON MOBIL CORP     2025-05-01
21. ALPHABET INC-CL C     2025-05-22
3. NXP SEMICONDUCTORS NV   2020-07-10 2025-05-22
2. NXP SEMICONDUCTORS NV   2020-07-10 2025-05-22
28. NXP SEMICONDUCTORS NV     2025-05-22
7. NXP SEMICONDUCTORS NV   2019-02-19 2025-05-22
2. NXP SEMICONDUCTORS NV   2019-02-19 2025-05-22
1. NXP SEMICONDUCTORS NV   2019-02-19 2025-05-22
1. NXP SEMICONDUCTORS NV   2019-02-19 2025-05-23
1. NXP SEMICONDUCTORS NV   2019-02-19 2025-05-23
2. ABBVIE INC   2023-10-27 2025-06-12
2. ALPHABET INC-CL C   2015-01-15 2025-06-12
3. AMAZON COM INC   2025-05-22 2025-06-12
3. APPLE COMPUTER INC   2024-04-12 2025-06-12
4. BANK OF AMERICA CORPORATION   2023-12-18 2025-06-12
1. BOSTON SCIENTIFIC CORP   2021-12-31 2025-06-12
2. BRISTOL MYERS SQUIBB CO     2025-06-12
1. BROADCOM INC   2024-12-17 2025-06-12
2. CANADIAN PACIFIC KANSAS CITY   2025-04-09 2025-06-12
2. CONOCOPHILLIPS   2022-02-08 2025-06-12
2. DISNEY WALT CO   2024-11-21 2025-06-12
2. EXXON MOBIL CORP   2022-11-01 2025-06-12
1. FACEBOOK INC-A   2021-03-05 2025-06-12
1. FISERV INC   2024-10-01 2025-06-12
1. HOWMET AEROSPACE INC   2025-03-25 2025-06-12
1. INGERSOLL RAND INC   2021-05-17 2025-06-12
1. MASTERCARD INC - CLASS A   2024-09-12 2025-06-12
1. MCDONALDS CORP   2024-12-17 2025-06-12
2. MICROSOFT CORP   2025-04-09 2025-06-12
1. MONDELEZ INTERNATIONAL-W/I   2024-05-13 2025-06-12
1. MORGAN STANLEY DEAN WITTER & CO NEW   2022-10-05 2025-06-12
2. NEXTERA ENERGY INC   2024-09-12 2025-06-12
6. NVIDIA CORP   2025-04-04 2025-06-12
1. OLD DOMINION FREIGHT LINE INC COM   2021-09-09 2025-06-12
2. OTIS WORLDWIDE CORP   2024-10-14 2025-06-12
1. PEPSICO INC   2024-09-12 2025-06-12
1. PROGRESSIVE CORP OHIO   2022-04-07 2025-06-12
1. REGENERON PHARMACEUTICALS INC   2021-10-12 2025-06-12
3. SOUTHERN CO   2025-04-04 2025-06-12
1. TJX COS INC NEW   2023-09-22 2025-06-12
1. TAIWAN SEMICONDUCTOR MFG CO LTD   2025-05-22 2025-06-12
1. TEXAS INSTRS INC   2025-05-22 2025-06-12
1. UNITEDHEALTH GROUP INC   2016-09-15 2025-06-12
3. WELLS FARGO & CO NEW   2021-03-03 2025-06-12
1. EATON CORP PLC   2021-03-03 2025-06-12
22. FISERV INC     2025-06-20
19. FISERV INC     2025-06-20
2. MASTERCARD INC - CLASS A   2024-09-12 2025-06-20
5. MASTERCARD INC - CLASS A   2021-03-05 2025-06-20
7. REGENERON PHARMACEUTICALS INC     2025-06-20
12. BROADCOM INC   2024-12-17 2025-07-11
4. FISERV INC   2023-07-07 2025-07-11
42. FISERV INC     2025-07-11
21. INTUITIVE SURGICAL INC NEW     2025-07-11
1. INGERSOLL RAND INC   2025-07-11 2025-08-01
31. INGERSOLL RAND INC   2025-07-11 2025-08-01
43. INGERSOLL RAND INC     2025-08-01
101. BRISTOL MYERS SQUIBB CO     2025-08-21
22. BRISTOL MYERS SQUIBB CO   2019-11-20 2025-08-21
1. OTIS WORLDWIDE CORP   2024-10-14 2025-08-21
22. OTIS WORLDWIDE CORP     2025-08-21
5. OTIS WORLDWIDE CORP   2024-10-02 2025-08-21
14. OTIS WORLDWIDE CORP     2025-08-21
11. OTIS WORLDWIDE CORP   2024-10-01 2025-08-22
35. OTIS WORLDWIDE CORP     2025-08-22
1. OTIS WORLDWIDE CORP   2024-11-01 2025-08-22
18. OTIS WORLDWIDE CORP     2025-08-22
22. OTIS WORLDWIDE CORP     2025-08-22
1. BOOKING HOLDINGS INC   2020-10-13 2025-09-08
11. BOSTON SCIENTIFIC CORP     2025-09-08
1. BOSTON SCIENTIFIC CORP   2016-09-15 2025-09-08
13. BOSTON SCIENTIFIC CORP   2016-09-15 2025-09-08
22. CONOCOPHILLIPS     2025-09-08
15. CONOCOPHILLIPS     2025-09-08
9. SALESFORCE.COM INC   2024-03-20 2025-09-08
7. SALESFORCE.COM INC   2024-03-20 2025-09-08
4. LINDE PLC   2019-04-25 2025-09-08
3. LINDE PLC   2019-04-25 2025-09-08
8. BOSTON SCIENTIFIC CORP     2025-09-09
20. BRISTOL MYERS SQUIBB CO   2024-10-01 2025-09-11
67. BRISTOL MYERS SQUIBB CO   2019-11-20 2025-09-11
14. INGERSOLL RAND INC     2025-09-11
2. INGERSOLL RAND INC   2021-05-14 2025-09-11
2. INGERSOLL RAND INC   2021-05-14 2025-09-11
34. INGERSOLL RAND INC     2025-09-11
5. SALESFORCE.COM INC   2024-03-20 2025-09-11
10. SALESFORCE.COM INC     2025-09-11
31. BRISTOL MYERS SQUIBB CO   2024-10-01 2025-09-12
29. CONOCOPHILLIPS     2025-09-23
15. SALESFORCE.COM INC   2024-10-01 2025-09-23
13. SALESFORCE.COM INC     2025-09-23
21. PROGRESSIVE CORP OHIO   2022-04-07 2025-10-10
42. WELLS FARGO & CO NEW   2025-06-20 2025-10-10
6. WELLS FARGO & CO NEW     2025-10-10
2. SHERWIN WILLIAMS CO   2024-11-21 2025-10-17
11. SHERWIN WILLIAMS CO   2024-11-21 2025-10-17
1. SHERWIN WILLIAMS CO   2024-11-21 2025-10-17
2. SHERWIN WILLIAMS CO   2024-11-21 2025-10-17
11. CANADIAN PACIFIC KANSAS CITY   2025-07-11 2025-11-03
66. CANADIAN PACIFIC KANSAS CITY     2025-11-03
57. CANADIAN PACIFIC KANSAS CITY   2025-04-09 2025-11-03
2. MCDONALDS CORP   2024-12-17 2025-11-03
9. MCDONALDS CORP   2024-12-17 2025-11-03
27. CANADIAN PACIFIC KANSAS CITY     2025-11-04
2. CANADIAN PACIFIC KANSAS CITY   2025-04-09 2025-11-04
2. CANADIAN PACIFIC KANSAS CITY   2025-04-09 2025-11-04
39. CONOCOPHILLIPS     2025-11-21
1. MARTIN MARIETTA MATLS INC   2023-11-09 2025-11-21
8. BROADCOM INC   2025-09-11 2025-11-24
2. MARTIN MARIETTA MATLS INC     2025-11-24
3. ASML HOLDING NV-NY REG SHS   2024-11-13 2025-11-24
1. MARTIN MARIETTA MATLS INC   2023-11-08 2025-11-25
2. ALPHABET INC-CL C   2015-01-15 2025-11-26
2. AMAZON COM INC   2025-05-22 2025-11-26
1. AMERICAN EXPRESS CO   2019-05-16 2025-11-26
2. APPLE COMPUTER INC   2025-09-08 2025-11-26
4. BANK OF AMERICA CORPORATION   2025-06-20 2025-11-26
1. BOSTON SCIENTIFIC CORP   2016-09-15 2025-11-26
1. CSX CORP   2025-11-03 2025-11-26
1. CADENCE DESIGN SYS INC   2024-11-13 2025-11-26
1. ECOLAB INC   2025-10-17 2025-11-26
2. EXXON MOBIL CORP   2022-11-01 2025-11-26
1. ARTHUR J GALLAGHER & CO   2022-03-08 2025-11-26
1. HILTON WORLDWIDE HOLDINGS IN   2021-02-24 2025-11-26
1. JOHNSON & JOHNSON   2025-10-10 2025-11-26
1. LOWES COS INC   2025-09-08 2025-11-26
2. MARTIN MARIETTA MATLS INC   2023-11-08 2025-11-26
1. MASTERCARD INC - CLASS A   2025-10-10 2025-11-26
2. MICROSOFT CORP   2025-04-09 2025-11-26
1. MONDELEZ INTERNATIONAL-W/I   2024-05-13 2025-11-26
2. MORGAN STANLEY DEAN WITTER & CO NEW   2013-11-12 2025-11-26
3. NEXTERA ENERGY INC   2024-09-12 2025-11-26
6. NVIDIA CORP   2025-04-04 2025-11-26
1. PEPSICO INC   2024-09-12 2025-11-26
1. PROGRESSIVE CORP OHIO   2022-04-08 2025-11-26
1. S&P GLOBAL INC   2022-12-02 2025-11-26
1. SOUTHERN CO   2025-04-04 2025-11-26
1. TAIWAN SEMICONDUCTOR MFG CO LTD   2025-06-20 2025-11-26
2. TEXAS INSTRS INC   2025-07-11 2025-11-26
1. WAL MART STORES INC   2025-02-05 2025-11-26
1. WASTE CONNECTIONS INC   2021-01-08 2025-11-26
4. WELLS FARGO & CO NEW   2021-02-19 2025-11-26
11. MONDELEZ INTERNATIONAL-W/I   2024-05-13 2025-12-03
18. MONDELEZ INTERNATIONAL-W/I   2024-05-13 2025-12-03
4. PEPSICO INC   2024-09-12 2025-12-03
13. PEPSICO INC     2025-12-03
8. SOUTHERN CO   2025-04-04 2025-12-03
16. SOUTHERN CO   2025-04-04 2025-12-03
5034.483 BLACKROCK HIGH YIELD-K     2025-12-04
423.232 FIDELITY 500 INDEX FUND     2025-12-04
1331.319 PIMCO UNCONSTRAINED BD FD INSTL CL*   2022-12-23 2025-12-04
2983.539 PGIM HIGH YIELD-R6     2025-12-04
1100. VANGUARD MORTGAGE-BACKED SEC   2024-12-10 2025-12-04
315. VANGUARD INT-TERM CORPORATE   2023-12-18 2025-12-04
1. CONOCOPHILLIPS   2021-03-03 2025-12-24
6. CONOCOPHILLIPS   2021-03-03 2025-12-24
22. CONOCOPHILLIPS   2021-03-03 2025-12-24
7. PROGRESSIVE CORP OHIO     2025-12-24
1. CONOCOPHILLIPS   2021-03-03 2025-12-26
12. CONOCOPHILLIPS     2025-12-26
10. CONOCOPHILLIPS     2025-12-26
6. PROGRESSIVE CORP OHIO     2025-12-26
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CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 940   488 452
b 2,820   1,465 1,355
c 800   74 726
d 3,709   3,320 389
e 1,591   1,415 176
195   177 18
3,082   2,811 271
876   894 -18
434   447 -13
218   224 -6
218   117 101
2,756   2,947 -191
635   168 467
2,785   727 2,058
853   224 629
1,492   383 1,109
857   213 644
1,068   266 802
5,128   5,104 24
2,314   2,453 -139
6,771   4,813 1,958
3,312   1,954 1,358
1,813   1,736 77
2,661   2,839 -178
2,986   3,124 -138
3,695   541 3,154
619   351 268
398   234 164
5,592   2,618 2,974
1,386   648 738
398   185 213
200   93 107
191   93 98
192   93 99
384   274 110
353   50 303
638   608 30
595   530 65
178   135 43
98   43 55
101   152 -51
255   238 17
162   138 24
189   183 6
237   231 6
219   223 -4
693   258 435
168   181 -13
171   137 34
82   49 33
588   487 101
303   297 6
957   719 238
68   72 -4
132   83 49
148   167 -19
868   580 288
162   145 17
194   211 -17
132   177 -45
268   120 148
522   544 -22
271   275 -4
124   89 35
215   194 21
200   182 18
319   134 185
222   114 108
330   137 193
3,592   3,879 -287
3,102   2,389 713
1,063   974 89
2,658   1,771 887
3,567   3,555 12
3,296   2,860 436
662   502 160
6,990   5,240 1,750
10,752   6,383 4,369
76   88 -12
2,347   2,737 -390
3,256   2,086 1,170
4,901   6,608 -1,707
1,073   1,241 -168
88   106 -18
1,943   2,318 -375
438   523 -85
1,227   1,453 -226
977   1,141 -164
3,109   3,618 -509
89   100 -11
1,601   1,792 -191
1,945   2,188 -243
5,600   1,808 3,792
1,191   316 875
108   23 85
1,405   304 1,101
2,005   1,806 199
1,364   1,151 213
2,262   2,739 -477
1,758   2,130 -372
1,893   705 1,188
1,420   529 891
868   187 681
952   1,053 -101
3,191   3,779 -588
1,147   678 469
162   97 65
163   97 66
2,760   1,644 1,116
1,228   1,522 -294
2,464   3,035 -571
1,462   1,632 -170
2,715   2,110 605
3,685   4,064 -379
3,194   3,446 -252
5,050   2,512 2,538
3,276   3,167 109
468   228 240
660   761 -101
3,637   4,184 -547
331   380 -49
661   761 -100
778   898 -120
4,664   4,814 -150
4,019   3,929 90
592   593 -1
2,663   2,671 -8
1,903   1,826 77
141   135 6
141   135 6
3,412   2,103 1,309
605   454 151
2,992   2,909 83
1,205   905 300
2,970   1,990 980
615   451 164
637   50 587
461   405 56
366   120 246
556   479 77
212   182 30
101   23 78
35   36 -1
306   309 -3
275   276 -1
230   223 7
249   150 99
287   127 160
207   190 17
241   272 -31
1,245   902 343
547   559 -12
969   719 250
57   72 -15
336   60 276
255   251 4
1,083   580 503
148   177 -29
228   119 109
496   360 136
90   92 -2
290   209 81
329   440 -111
109   102 7
177   105 72
344   150 194
616   790 -174
1,005   1,292 -287
596   709 -113
1,926   2,134 -208
707   732 -25
1,397   1,464 -67
36,500   34,350 2,150
101,000   42,102 58,898
13,753   12,887 866
14,500   13,758 742
51,735   50,877 858
26,465   25,441 1,024
92   54 38
554   322 232
2,030   1,182 848
1,594   829 765
92   54 38
1,096   642 454
921   530 391
1,363   707 656
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
      462
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       452
b       1,355
c       726
d       389
e       176
      18
      271
      -18
      -13
      -6
      101
      -191
      467
      2,058
      629
      1,109
      644
      802
      24
      -139
      1,958
      1,358
      77
      -178
      -138
      3,154
      268
      164
      2,974
      738
      213
      107
      98
      99
      110
      303
      30
      65
      43
      55
      -51
      17
      24
      6
      6
      -4
      435
      -13
      34
      33
      101
      6
      238
      -4
      49
      -19
      288
      17
      -17
      -45
      148
      -22
      -4
      35
      21
      18
      185
      108
      193
      -287
      713
      89
      887
      12
      436
      160
      1,750
      4,369
      -12
      -390
      1,170
      -1,707
      -168
      -18
      -375
      -85
      -226
      -164
      -509
      -11
      -191
      -243
      3,792
      875
      85
      1,101
      199
      213
      -477
      -372
      1,188
      891
      681
      -101
      -588
      469
      65
      66
      1,116
      -294
      -571
      -170
      605
      -379
      -252
      2,538
      109
      240
      -101
      -547
      -49
      -100
      -120
      -150
      90
      -1
      -8
      77
      6
      6
      1,309
      151
      83
      300
      980
      164
      587
      56
      246
      77
      30
      78
      -1
      -3
      -1
      7
      99
      160
      17
      -31
      343
      -12
      250
      -15
      276
      4
      503
      -29
      109
      136
      -2
      81
      -111
      7
      72
      194
      -174
      -287
      -113
      -208
      -25
      -67
      2,150
      58,898
      866
      742
      858
      1,024
      38
      232
      848
      765
      38
      454
      391
      656
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 111,129
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 2,067
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 2,067
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 2,067
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 1,712
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 1,712
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....... 9 355
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10  
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax0 Refunded 11 0
For Refunded amount, also complete and attach Form 8050. See instructions.
Form 990-PF (2025)
Form 990-PF (2025)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. $   (2) On foundation managers.$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
MI
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 .Click to see attachment
List of Attached Documents:
// Content
8b
 
No
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 ofJP MORGAN CHASE BANK NA Telephone no. (800) 496-2583

Located at10 S DEARBORN ST MC IL1-0111CHICAGOIL ZIP+460606
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
JP MORGAN CHASE BANK NA TRUSTEE
2 		37,104    
10 S DEARBORN ST MC IL 1-0111
CHICAGO,IL60606
MELISSA A BABCOCK CO-TRUSTEE
1 		5,000    
47598 ARBOR TRAIL
NORTHVILLE,MI48168
PHILIP VESTEVICH CO-TRUSTEE
1 		10,000    
370 E MAPLE ROAD 3RD FLOOR
BRIMINGHAM,MI48009
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
2,654,434
b
Average of monthly cash balances.......................
1b
72,208
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
2,726,642
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
2,726,642
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
40,900
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
2,685,742
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
134,287
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
134,287
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
2,067
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
2,067
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
132,220
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
132,220
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
132,220
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
125,311
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
125,311
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 7 132,220
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 104,549
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: $ 125,311
a Applied to 2024, but not more than line 2a 104,549
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..... 20,762
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 .......... 		111,458
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).)
NA
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.
NA
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

MOUNT VERNON LADIES ASSOCIATION

3200 MT VERNON MEMORIAL HWY
MT VERNON,VA221210110 		NONE   GENERAL 104,549
Total ................................. 3a 104,549
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 70,007  
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 ............ 		    18 111,129  
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) ..   181,136  
13Total. Add line 12, columns (b), (d), and (e)..................
13
181,136
(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 ExplnOfNonFilingWithAGStmt
Name:
JESS & GRACE PAVEY CHARITABLE TRUST XXXXX3000
EIN:
20-6023538
Statement:
THE MICHIGAN OFFICE OF THE ATTORNEY GENERAL HAS INDICATED THAT NO FORMS 990-PF SHOULD BE FILED WITH THE STATE UNLESS A CHARITABLE ORGANIZATION HAS PRE-REGISTERED WITH THE OFFICE. ALTHOUGH THE SITUS OF THIS TRUST IS MICHIGAN, IT DOES NOT SOLICIT CONTRIBUTIONS FROM THE PUBLIC NOR DOES IT HOLD ASSETS WITHIN THE STATE AND THEREFORE IT DOES NOT MEET THE REGISTRATION REQUIREMENTS OF THE STATE OF MICHIGAN. AS A RESULT, THE TRUST DOES NOT FURNISH A COPY OF ITS FORM 990-PF TO THE STATE.

TY 2025 InvestmentsCorpBondsSchedule
Name:
JESS & GRACE PAVEY CHARITABLE TRUST XXXXX3000
EIN:
20-6023538
Name of Bond End of Year Book Value End of Year Fair Market Value
92203J308 VANGUARD TTL INTL BN 26,630 24,475
54401E143 LORD ABBETT SHRT DUR 48,396 46,556
74440Y884 PGIM HIGH YIELD-R6 14,123 14,241
92206C771 VANGUARD MORTGAGE-BA 27,751 28,248
921937835 VANGUARD TOTAL BOND 101,830 100,365
09260B614 BLACKROCK HIGH YIELD 27,690 28,212
92203J407 VANGUARD TOTAL INTL 114,388 113,552
92206C870 VANGUARD INT-TERM CO 27,056 28,056
921946885 VANGUARD EMERG MKTS 12,779 13,823
46429B267 ISHARES US TREASURY 27,969 27,860

TY 2025 InvestmentsCorpStockSchedule
Name:
JESS & GRACE PAVEY CHARITABLE TRUST XXXXX3000
EIN:
20-6023538
Name of Stock End of Year Book Value End of Year Fair Market Value
101137107 BOSTON SCIENTIFIC CO 3,190 14,207
110122108 BRISTOL-MYERS SQUIBB    
438516106 HONEYWELL INTERNATIO    
532457108 ELI LILLY AND COMPAN 2,387 15,046
548661107 LOWE'S COS INC 13,393 19,534
594918104 MICROSOFT CORP 6,448 96,724
609207105 MONDELEZ INTERNATION 2,854 5,652
617446448 MORGAN STANLEY 3,196 26,452
713448108 PEPSICO INC 6,113 9,042
882508104 TEXAS INSTRUMENTS IN 11,454 19,431
949746101 WELLS FARGO & CO 8,502 24,605
02079K107 ALPHABET INC-CL C 3,512 61,505
30303M102 META PLATFORMS INC-C 11,768 56,768
57636Q104 MASTERCARD INC - A 5,120 33,682
65339F101 NEXTERA ENERGY INC 9,809 14,611
91324P102 UNITEDHEALTH GROUP I 3,496 19,807
94106B101 WASTE CONNECTIONS IN 3,104 9,119
023135106 AMAZON.COM INC 10,250 65,091
037833100 APPLE INC 19,121 76,936
060505104 BANK OF AMERICA CORP 8,522 22,935
655844108 NORFOLK SOUTHERN COR    
67066G104 NVIDIA CORP 8,451 119,547
025816109 AMERICAN EXPRESS CO 5,288 17,758
315911727 FIDELITY INTL INDX 174,976 238,363
315911750 FIDELITY 500 INDEX F 167,553 388,718
00287Y109 ABBVIE INC 8,034 23,534
337738108 FISERV INC    
580135101 MCDONALD'S CORP 11,701 15,587
N6596X109 NXP SEMICONDUCTORS N    
09857L108 BOOKING HOLDINGS INC 6,647 21,421
461202103 INTUIT INC 10,314 9,936
883556102 THERMO FISHER SCIENT 11,712 15,066
N07059210 ASML HOLDING NV-NY R 2,047 7,489
20825C104 CONOCOPHILLIPS    
22160K105 COSTCO WHOLESALE COR 4,395 7,761
363576109 ARTHUR J GALLAGHER & 6,021 11,128
43300A203 HILTON WORLDWIDE HOL 5,810 13,214
45687V106 INGERSOLL RAND INC    
46120E602 INTUITIVE SURGICAL I    
46641Q191 JPMORGAN BETABUILDER 144,639 200,476
46641Q217 JPMORGAN BETABUILDER 43,116 59,121
46641Q225 JPMORGAN BETABUILDER 34,519 70,680
46641Q233 JPMORGAN BETABUILDER 21,006 23,928
679580100 OLD DOMINION FREIGHT 6,468 7,213
75886F107 REGENERON PHARMACEUT    
G29183103 EATON CORP PLC 6,173 14,970
30231G102 EXXON MOBIL CORP 12,970 21,661
61174X109 MONSTER BEVERAGE COR    
743315103 PROGRESSIVE CORP 6,068 11,841
78409V104 S&P GLOBAL INC 7,850 11,497
573284106 MARTIN MARIETTA MATE 7,890 11,831
842587107 THE SOUTHERN COMPANY 14,800 17,266
863667101 STRYKER CORP 9,164 10,896
872540109 TJX COMPANIES INC 5,784 10,906
G54950103 LINDE PLC 5,503 14,497
11135F101 BROADCOM INC 23,861 32,880
127387108 CADENCE DESIGN SYS I 7,049 7,189
254687106 WALT DISNEY CO/THE 16,252 16,269
68902V107 OTIS WORLDWIDE CORP    
79466L302 SALESFORCE INC    
824348106 SHERWIN-WILLIAMS CO/    
032095101 AMPHENOL CORP-CL A 10,727 10,541
126408103 CSX CORP 11,918 12,071
26884L109 EQT CORP 10,508 10,077
278865100 ECOLAB INC 13,291 13,389
29364G103 ENTERGY CORP 6,380 6,285
443201108 HOWMET AEROSPACE INC 12,939 16,607
478160104 JOHNSON & JOHNSON 19,488 24,213
81762P102 SERVICENOW INC 11,227 9,191
874039100 TAIWAN SEMICONDUCTOR 9,848 14,891
931142103 WALMART INC 9,285 10,584
G8994E103 TRANE TECHNOLOGIES P 13,977 13,622

TY 2025 InvestmentsOtherSchedule2
Name:
JESS & GRACE PAVEY CHARITABLE TRUST XXXXX3000
EIN:
20-6023538
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
09257V508 BLACKSTONE ALT MULTI AT COST 50,995 51,580
64128R608 NEUBERGER BERM LNG S AT COST 20,285 28,296
72201U638 PIMCO MRTG OPP & BND AT COST 55,500 55,892
72201M487 PIMCO DYNAMIC BOND-I      
024525669 AMERICAN BEACON AHL AT COST 13,400 12,666
09258N703 BR GLOB EQ MARK NEUT AT COST 14,000 13,746

TY 2025 OtherDecreasesSchedule
Name:
JESS & GRACE PAVEY CHARITABLE TRUST XXXXX3000
EIN:
20-6023538
Description Amount
2025 TRANSACTION POSTED IN 2026 780
MUTUAL FUND ADJUSTMENT 4


TY 2025 OtherIncreasesSchedule
Name:
JESS & GRACE PAVEY CHARITABLE TRUST XXXXX3000
EIN:
20-6023538
Description Amount
2024 TRANSACTION POSTED IN 2025 1,011
COST BASIS ADJUSTMENT 7
ROUNDING 1


TY 2025 TaxesSchedule
Name:
JESS & GRACE PAVEY CHARITABLE TRUST XXXXX3000
EIN:
20-6023538
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 137 137   0
FEDERAL TAX PAYMENT - PRIOR YE 625 0   0
FEDERAL ESTIMATES - INCOME 1,712 0   0
FOREIGN TAXES ON QUALIFIED FOR 772 772   0
FOREIGN TAXES ON NONQUALIFIED 159 159   0