TY 2025 Form 990PF

- TIN:

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
THE GRAINGER FOUNDATION INC

Number and street (or P.O. box number if mail is not delivered to street address) 225 E DEERPATH ROAD
Room/suite

City or town
LAKE FOREST

State or province
IL

Country

ZIP or foreign postal code
60045

A Employer identification number

36-6192971

B Telephone number (see instructions)

8475352030

C If exemption application is pending, check here

G Check all that apply: Initial returnInitial return of a former public charity

Address change Name change

D 1. Foreign organizations, check here.............

2. Foreign organizations meeting the 85%
test, check here and attach computation ...

E If private foundation status was terminated
under section 507(b)(1)(A), check here .......

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here .......

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)$312,077,776J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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)


1	Contributions, gifts, grants, etc., received (attach schedule)	14,492,390
2	Check .................
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	6,152,398		6,152,398
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10	List of Attached Documents: // Content	14,218,944
b	Gross sales price for all assets on line 6a 28,778,043
7	Capital gain net income (from Part IV, line 2)...			14,218,944
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........	34,863,732		20,371,342
13	Compensation of officers, directors, trustees, etc.	837,851
14	Other employee salaries and wages......			0	0	0
15	Pension plans, employee benefits.......	82,763		0	0
16a	Legal fees (attach schedule).........	List of Attached Documents: // Content	12,815	0	0	0
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	19,500	0	0	0
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	784,351	784,351		0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	361,891	66,647		0
19	Depreciation (attach schedule) and depletion...		0	0
20	Occupancy..............	95,204
21	Travel, conferences, and meetings.......	1,492		0	0
22	Printing and publications..........	216		0	0
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	105,581
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	2,301,664		850,998	0	0
25	Contributions, gifts, grants paid.......	21,829,000				21,829,000
26	Total expenses and disbursements. Add lines 24 and 25 ................	24,130,664		850,998	0	21,829,000
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	10,733,068
b	Net investment income (if negative, enter -0-)			19,520,344
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	20,965	25,627	25,627
	2	Savings and temporary cash investments.........	8,200,513	14,944,624	14,944,624
	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)	15,236,057	16,709,874	17,118,931
	b	Investments—corporate stock (attach schedule).......	100,024,877	105,319,251	245,007,739
	c	Investments—corporate bonds (attach schedule).......	36,748,763	35,009,594	34,624,290
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........			0
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	561,565	356,565	356,565
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	160,792,740	172,365,535	312,077,776
	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
		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........	160,792,740	172,365,535
	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).....	160,792,740	172,365,535
	30	Total liabilities and net assets/fund balances (see instructions).	160,792,740	172,365,535

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

160,792,740

Enter amount from Part I, line 27a .....................

10,733,068

Other increases not included in line 2 (itemize) Click to see attachment

List of Attached Documents:

// Content

1,005,201

Add lines 1, 2, and 3 ..........................

172,531,009

Decreases not included in line 2 (itemize) Click to see attachment

List of Attached Documents:

// Content

165,474

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..

172,365,535

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	25493.53 MERCEDES-BENZ A ABS 2022 1 A3 05.210%AUG16 27		2023-01-05	2025-01-14
b	45220.19 TOYOTA AUTO REC ABS 2022 A A3 01.230%JUN15 26		2023-07-28	2025-01-14
c	62358.68 GM FINANCIAL CO ABS 2022 4 A3 04.820%AUG16 27		2023-07-27	2025-01-15
d	150000. JPMORGAN CHASE & CO GLB		2015-04-13	2025-01-23
e	8285.36 FHLMC SD 0814 03%2052		2022-01-11	2025-01-31
	11022.77 FHLMC SD 5096 05 50%2054		2024-03-18	2025-01-31
	3496.65 FHLMC RA 3611 02 50%2050		2020-10-15	2025-01-31
	10067.4 FHLMC RA 7122 03 50%2052		2023-02-07	2025-01-31
	2691.65 FHLMC RB 5125 02%2041		2021-08-10	2025-01-31
	629.86 FNMA PAS7387 03 50%2046		2016-09-30	2025-01-31
	1374.38 FNMA PBU5917 02 50%2051		2021-12-01	2025-01-31
	45584.14 FNMA PBV8551 03 50%2052		2023-07-27	2025-01-31
	328.8 FNMA PCA7737 02 50%2050		2021-01-27	2025-01-31
	1466.82 FNMA PCB1916 03%2051		2022-01-19	2025-01-31
	1541.8 FNMA PCB3515 03 50%2052		2023-02-07	2025-01-31
	1213.01 FNMA PFM2582 03%2050		2021-03-24	2025-01-31
	3927.63 FNMA PFM4226 02 50%2050		2020-09-09	2025-01-31
	2508.73 FNMA PFS3815 03 50%2051		2023-05-18	2025-01-31
	5439.61 FNMA PFS5284 03 50%2050		2024-05-23	2025-01-31
	7476.14 FNMA PFS5843 04%2052		2023-12-08	2025-01-31
	2879.58 FNMA PMA4176 02%2040		2020-09-28	2025-01-31
	6748.75 FNMA PMA4784 04 50%2052		2024-09-12	2025-01-31
	78226.63 WELLS FARGO COM CMO 2015 LC20 A5 03.184%APR15 50		2015-07-15	2025-01-31
	40000. U.S. TREASURY NOTE 2.750% MAY 31 2029		2023-02-01	2025-02-05
	10000. U.S. TREASURY NOTE 2.750% MAY 31 2029		2022-12-01	2025-02-05
	6000. WARNERMEDIA HOLDINGS CLD COMPANY GUARNT GLB		2023-03-07	2025-02-07
	13000. WARNERMEDIA HOLDINGS CLD COMPANY GUARNT GLB		2023-03-07	2025-02-07
	64000. WARNERMEDIA HOLDINGS CLD COMPANY GUARNT GLB		2023-03-07	2025-02-07
	38000. WARNERMEDIA HOLDINGS CLD COMPANY GUARNT GLB		2023-03-07	2025-02-07
	25000. WARNERMEDIA HOLDINGS CLD COMPANY GUARNT GLB		2023-03-07	2025-02-07
	64000. WARNERMEDIA HOLDINGS CLD COMPANY GUARNT GLB		2023-03-06	2025-02-07
	32000. WARNERMEDIA HOLDINGS CLD COMPANY GUARNT GLB		2023-03-08	2025-02-07
	25000. CAPITAL ONE FINANCIAL CO GLB		2023-08-15	2025-02-11
	67000. HP ENTERPRISE CO GLB		2024-09-16	2025-02-11
	105000. HP ENTERPRISE CO GLB		2024-09-13	2025-02-11
	88000. HP ENTERPRISE CO GLB		2024-09-12	2025-02-11
	96000. HOME DEPOT INC GLB		2024-06-18	2025-02-11
	38000. HOME DEPOT INC GLB		2024-06-18	2025-02-11
	39000. HOME DEPOT INC GLB		2024-07-10	2025-02-11
	77000. HOME DEPOT INC GLB		2024-06-20	2025-02-11
	24206.5 MERCEDES-BENZ A ABS 2022 1 A3 05.210%AUG16 27		2023-01-05	2025-02-14
	19849.97 NISSAN AUTO REC ABS 2023 A A3 04.910%NOV15 27		2024-08-21	2025-02-14
	44931.43 TOYOTA AUTO REC ABS 2022 A A3 01.230%JUN15 26		2023-07-28	2025-02-14
	59322.74 GM FINANCIAL CO ABS 2022 4 A3 04.820%AUG16 27		2023-07-27	2025-02-15
	5000. CAPITAL ONE FINANCIAL CO GLB		2023-08-15	2025-02-19
	5000. CAPITAL ONE FINANCIAL CO GLB		2023-08-15	2025-02-24
	655000. JPMORGAN CHASE & CO CLD GLB		2023-07-26	2025-02-24
	4257.68 FHLMC SD 0814 03%2052		2022-01-11	2025-02-28
	10931.4 FHLMC SD 5096 05 50%2054		2024-03-18	2025-02-28
	7295.01 FHLMC RA 3611 02 50%2050		2020-10-15	2025-02-28
	5044.06 FHLMC RA 7122 03 50%2052		2023-02-07	2025-02-28
	2728.24 FHLMC RB 5125 02%2041		2021-08-10	2025-02-28
	219.46 FNMA PAS7387 03 50%2046		2016-09-30	2025-02-28
	1982.18 FNMA PBU5917 02 50%2051		2021-12-01	2025-02-28
	50283.91 FNMA PBV8551 03 50%2052		2023-07-27	2025-02-28
	1011.83 FNMA PCA7737 02 50%2050		2021-01-27	2025-02-28
	1492.5 FNMA PCB1916 03%2051		2022-01-19	2025-02-28
	5757.78 FNMA PCB3515 03 50%2052		2023-02-07	2025-02-28
	7807.06 FNMA PFM2582 03%2050		2021-03-24	2025-02-28
	3134.37 FNMA PFM4226 02 50%2050		2020-09-09	2025-02-28
	1613.31 FNMA PFS3815 03 50%2051		2023-05-18	2025-02-28
	7172.53 FNMA PFS5284 03 50%2050		2024-05-23	2025-02-28
	7390.25 FNMA PFS5843 04%2052		2023-12-08	2025-02-28
	2997.44 FNMA PMA4176 02%2040		2020-09-28	2025-02-28
	5968.01 FNMA PMA4784 04 50%2052		2024-09-12	2025-02-28
	15000. CAPITAL ONE FINANCIAL CO GLB		2023-08-15	2025-03-07
	8575. ISHARES RUSSELL MID-CAP GROWTH ETF		2015-01-29	2025-03-11
	1995. ISHARES RUSSELL 1000 GROWTH ETF		2013-10-23	2025-03-11
	7605. ISHARES RUSSELL 1000 GROWTH ETF		2013-10-15	2025-03-11
	66000. KROGER CO GLB		2024-08-21	2025-03-12
	64000. KROGER CO GLB		2024-08-21	2025-03-12
	3000. KROGER CO GLB		2024-08-21	2025-03-13
	79000. KROGER CO GLB		2024-08-21	2025-03-13
	13000. KROGER CO GLB		2024-08-21	2025-03-13
	67000. KROGER CO GLB		2024-08-22	2025-03-14
	66000. KROGER CO GLB		2024-08-20	2025-03-14
	28000. KROGER CO GLB		2024-08-22	2025-03-14
	104000. KROGER CO GLB		2024-08-20	2025-03-14
	22182.35 MERCEDES-BENZ A ABS 2022 1 A3 05.210%AUG16 27		2023-01-05	2025-03-14
	42263.15 NISSAN AUTO REC ABS 2023 A A3 04.910%NOV15 27		2024-08-21	2025-03-14
	41146.67 TOYOTA AUTO REC ABS 2022 A A3 01.230%JUN15 26		2023-07-28	2025-03-14
	54586.97 GM FINANCIAL CO ABS 2022 4 A3 04.820%AUG16 27		2023-07-27	2025-03-15
	13527.26 CITIGROUP COMME CMO 2020 GC46 AAB 02.614%FEB15 53		2025-02-04	2025-03-17
	15000. KROGER CO GLB		2024-08-20	2025-03-17
	201737.94 WELLS FARGO COM CMO 2015 LC20 A5 03.184%APR15 50		2015-07-15	2025-03-17
	11245.15 CITIGROUP COMME CMO 2020 GC46 AAB 02.614%FEB15 53		2025-02-04	2025-03-31
	4057.55 FHLMC SD 0814 03%2052		2022-01-11	2025-03-31
	3370.66 FHLMC SD 5096 05 50%2054		2024-03-18	2025-03-31
	5749.77 FHLMC RA 3611 02 50%2050		2020-10-15	2025-03-31
	9847.5 FHLMC RA 7122 03 50%2052		2023-02-07	2025-03-31
	2918.94 FHLMC RB 5125 02%2041		2021-08-10	2025-03-31
	191.64 FNMA PAS7387 03 50%2046		2016-09-30	2025-03-31
	1372.64 FNMA PBU5917 02 50%2051		2021-12-01	2025-03-31
	5451.23 FNMA PBV8551 03 50%2052		2023-07-27	2025-03-31
	892.32 FNMA PCA7737 02 50%2050		2021-01-27	2025-03-31
	8724.79 FNMA PCB1916 03%2051		2022-01-19	2025-03-31
	3588.82 FNMA PCB3515 03 50%2052		2023-02-07	2025-03-31
	1125.71 FNMA PFM2582 03%2050		2021-03-24	2025-03-31
	4326.73 FNMA PFM4226 02 50%2050		2020-09-09	2025-03-31
	2128.72 FNMA PFS3815 03 50%2051		2023-05-18	2025-03-31
	10808.34 FNMA PFS5284 03 50%2050		2024-05-23	2025-03-31
	7798.26 FNMA PFS5843 04%2052		2023-12-08	2025-03-31
	3040.87 FNMA PMA4176 02%2040		2020-09-28	2025-03-31
	7105.94 FNMA PMA4784 04 50%2052		2024-09-12	2025-03-31
	90000. MICRON TECHNOLOGY INC GLB		2024-04-08	2025-04-01
	23198.69 MERCEDES-BENZ A ABS 2022 1 A3 05.210%AUG16 27		2023-01-05	2025-04-14
	44524.92 NISSAN AUTO REC ABS 2023 A A3 04.910%NOV15 27		2024-08-21	2025-04-14
	42539.69 TOYOTA AUTO REC ABS 2022 A A3 01.230%JUN15 26		2023-07-28	2025-04-14
	58695.24 GM FINANCIAL CO ABS 2022 4 A3 04.820%AUG16 27		2023-07-27	2025-04-15
	215000. MICRON TECHNOLOGY INC GLB		2024-04-08	2025-04-23
	12057.29 CITIGROUP COMME CMO 2020 GC46 AAB 02.614%FEB15 53		2025-02-04	2025-04-30
	4462.01 FHLMC SD 0814 03%2052		2022-01-11	2025-04-30
	6645.43 FHLMC SD 5096 05 50%2054		2024-03-18	2025-04-30
	2763.18 FHLMC RA 3611 02 50%2050		2020-10-15	2025-04-30
	4187.01 FHLMC RA 7122 03 50%2052		2023-02-07	2025-04-30
	2949.01 FHLMC RB 5125 02%2041		2021-08-10	2025-04-30
	194.62 FNMA PAS7387 03 50%2046		2016-09-30	2025-04-30
	1392.74 FNMA PBU5917 02 50%2051		2021-12-01	2025-04-30
	5121.23 FNMA PBV8551 03 50%2052		2023-07-27	2025-04-30
	580.24 FNMA PCA7737 02 50%2050		2021-01-27	2025-04-30
	6518.39 FNMA PCB1916 03%2051		2022-01-19	2025-04-30
	7287.39 FNMA PCB3515 03 50%2052		2023-02-07	2025-04-30
	14110.06 FNMA PFM2582 03%2050		2021-03-24	2025-04-30
	3719.51 FNMA PFM4226 02 50%2050		2020-09-09	2025-04-30
	1697.89 FNMA PFS3815 03 50%2051		2023-05-18	2025-04-30
	8158.79 FNMA PFS5284 03 50%2050		2024-05-23	2025-04-30
	2485.39 FNMA PFS5843 04%2052		2023-12-08	2025-04-30
	2695.6 FNMA PMA4176 02%2040		2020-09-28	2025-04-30
	7698.03 FNMA PMA4784 04 50%2052		2024-09-12	2025-04-30
	15000. ELI LILLY & CO GLB		2025-02-10	2025-05-05
	104000. ELI LILLY & CO GLB		2025-02-11	2025-05-05
	52000. ELI LILLY & CO GLB		2025-02-11	2025-05-05
	17000. ELI LILLY & CO GLB		2025-02-11	2025-05-05
	52000. ELI LILLY & CO GLB		2025-02-11	2025-05-05
	21560.31 MERCEDES-BENZ A ABS 2022 1 A3 05.210%AUG16 27		2023-01-05	2025-05-14
	41640.54 NISSAN AUTO REC ABS 2023 A A3 04.910%NOV15 27		2024-08-21	2025-05-14
	39580.88 TOYOTA AUTO REC ABS 2022 A A3 01.230%JUN15 26		2023-07-28	2025-05-14
	52936.59 GM FINANCIAL CO ABS 2022 4 A3 04.820%AUG16 27		2023-07-27	2025-05-15
	6000. TAPESTRY INC GLB		2024-12-06	2025-05-16
	31000. TAPESTRY INC GLB		2024-12-04	2025-05-16
	105000. U.S. TREASURY NOTE 1.875% JUL 31 2026		2022-01-04	2025-05-16
	225000. U.S. TREASURY NOTE 1.875% JUL 31 2026		2022-02-14	2025-05-16
	15000. U.S. TREASURY NOTE 1.875% JUL 31 2026		2023-04-10	2025-05-16
	245000. U.S. TREASURY NOTE 1.875% JUL 31 2026		2023-07-26	2025-05-16
	37453.33 HONDA AUTO RECE ABS 2021 4 A4 01.140%JUN21 28		2024-01-29	2025-05-20
	29140. TAPESTRY INC GLB		2024-12-04	2025-05-28
	11325.29 CITIGROUP COMME CMO 2020 GC46 AAB 02.614%FEB15 53		2025-02-04	2025-05-31
	1270.33 FHLMC SD 0814 03%2052		2022-01-11	2025-05-31
	22549.41 FHLMC SD 5096 05 50%2054		2024-03-18	2025-05-31
	2456.08 FHLMC RA 3611 02 50%2050		2020-10-15	2025-05-31
	4660.47 FHLMC RA 7122 03 50%2052		2023-02-07	2025-05-31
	3579.76 FHLMC RB 5125 02%2041		2021-08-10	2025-05-31
	979.15 FNMA PAS7387 03 50%2046		2016-09-30	2025-05-31
	1452.43 FNMA PBU5917 02 50%2051		2021-12-01	2025-05-31
	5310.84 FNMA PBV8551 03 50%2052		2023-07-27	2025-05-31
	901.66 FNMA PCA7737 02 50%2050		2021-01-27	2025-05-31
	8804.08 FNMA PCB1916 03%2051		2022-01-19	2025-05-31
	5224.09 FNMA PCB3515 03 50%2052		2023-02-07	2025-05-31
	7410.7 FNMA PFM2582 03%2050		2021-03-24	2025-05-31
	4360.66 FNMA PFM4226 02 50%2050		2020-09-09	2025-05-31
	2060.52 FNMA PFS3815 03 50%2051		2023-05-18	2025-05-31
	10610.21 FNMA PFS5284 03 50%2050		2024-05-23	2025-05-31
	2016.09 FNMA PFS5843 04%2052		2023-12-08	2025-05-31
	3441.07 FNMA PMA4176 02%2040		2020-09-28	2025-05-31
	8473.66 FNMA PMA4784 04 50%2052		2024-09-12	2025-05-31
	29089. TAPESTRY INC GLB		2024-12-04	2025-06-02
	12771. TAPESTRY INC GLB		2024-12-04	2025-06-02
	18000. TAPESTRY INC GLB		2024-12-05	2025-06-02
	12862. TAPESTRY INC GLB		2024-12-10	2025-06-02
	1138. TAPESTRY INC GLB		2024-12-10	2025-06-03
	1775. TAPESTRY INC GLB		2024-12-11	2025-06-03
	20589. TAPESTRY INC GLB		2024-12-11	2025-06-04
	1636. TAPESTRY INC GLB		2024-12-11	2025-06-09
	27456. TAPESTRY INC GLB		2024-12-04	2025-06-09
	14544. TAPESTRY INC GLB		2024-12-04	2025-06-11
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	39825.01 NISSAN AUTO REC ABS 2023 A A3 04.910%NOV15 27		2024-08-21	2025-06-14
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	36000. WISCONSIN ENERGY CORP -		2015-10-08	2025-06-15
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	488546.67 HONDA AUTO RECE ABS 2021 4 A4 01.140%JUN21 28		2024-01-29	2025-06-23
	12135.11 CITIGROUP COMME CMO 2020 GC46 AAB 02.614%FEB15 53		2025-02-04	2025-06-30
	1223.49 FHLMC SD 0814 03%2052		2022-01-11	2025-06-30
	4395.16 FHLMC SD 5096 05 50%2054		2024-03-18	2025-06-30
	4791.33 FHLMC RA 3611 02 50%2050		2020-10-15	2025-06-30
	10186.16 FHLMC RA 7122 03 50%2052		2023-02-07	2025-06-30
	3368.1 FHLMC RB 5125 02%2041		2021-08-10	2025-06-30
	191.51 FNMA PAS7387 03 50%2046		2016-09-30	2025-06-30
	3157.65 FNMA PBU5917 02 50%2051		2021-12-01	2025-06-30
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	999.04 FNMA PCA7737 02 50%2050		2021-01-27	2025-06-30
	20924.59 FNMA PCB1916 03%2051		2022-01-19	2025-06-30
	4271.04 FNMA PCB3515 03 50%2052		2023-02-07	2025-06-30
	1263.95 FNMA PFM2582 03%2050		2021-03-24	2025-06-30
	5518.04 FNMA PFM4226 02 50%2050		2020-09-09	2025-06-30
	2417.6 FNMA PFS3815 03 50%2051		2023-05-18	2025-06-30
	11911.37 FNMA PFS5284 03 50%2050		2024-05-23	2025-06-30
	813.63 FNMA PFS5843 04%2052		2023-12-08	2025-06-30
	3247.22 FNMA PMA4176 02%2040		2020-09-28	2025-06-30
	9211.41 FNMA PMA4784 04 50%2052		2024-09-12	2025-06-30
	342000. WARNERMEDIA HOLDINGS INC COMPANY GUARNT GLB		2023-07-26	2025-06-30
	170000. CVS HEALTH CORP GLB		2024-07-18	2025-07-07
	75000. CVS HEALTH CORP GLB		2024-07-15	2025-07-07
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	36388.76 NISSAN AUTO REC ABS 2023 A A3 04.910%NOV15 27		2024-08-21	2025-07-14
	47196.88 GM FINANCIAL CO ABS 2022 4 A3 04.820%AUG16 27		2023-07-27	2025-07-15
	11000. PHILIP MORRIS INTL INC GLB		2022-11-16	2025-07-16
	31000. PHILIP MORRIS INTL INC GLB		2022-11-16	2025-07-16
	23000. PHILIP MORRIS INTL INC GLB		2022-11-16	2025-07-16
	10000. CAPITAL ONE FINANCIAL CO GLB		2023-08-15	2025-07-18
	15000. CAPITAL ONE FINANCIAL CO GLB		2023-07-24	2025-07-18
	55000. CAPITAL ONE FINANCIAL CO GLB		2023-06-22	2025-07-18
	158000. WARNERMEDIA HOLDINGS INC COMP GUARNT SER * GLB		2023-07-26	2025-07-21
	15000. CAPITAL ONE FINANCIAL CO GLB		2023-06-22	2025-07-23
	39000. PHILIP MORRIS INTL INC GLB		2022-11-16	2025-07-23
	31000. PHILIP MORRIS INTL INC GLB		2022-11-16	2025-07-23
	35000. PHILIP MORRIS INTL INC GLB		2022-11-17	2025-07-23
	13000. CAPITAL ONE FINANCIAL CO GLB		2023-06-22	2025-07-24
	57000. CAPITAL ONE FINANCIAL CO GLB		2023-06-22	2025-07-28
	30000. CAPITAL ONE FINANCIAL CO GLB		2023-07-07	2025-07-28
	35000. CAPITAL ONE FINANCIAL CO GLB		2023-07-06	2025-07-28
	340000. TRUIST FINANCIAL COR CLD SER MTN		2022-09-14	2025-07-28
	7365. ISHARES RUSSELL MID-CAP GROWTH ETF		2015-01-29	2025-07-29
	6635. ISHARES RUSSELL MID-CAP GROWTH ETF		2014-01-09	2025-07-29
	5030. ISHARES RUSSELL 1000 GROWTH ETF		2013-10-15	2025-07-29
	3970. ISHARES RUSSELL 1000 GROWTH ETF		2013-09-17	2025-07-29
	27000. PHILIP MORRIS INTL INC GLB		2022-11-17	2025-07-30
	3000. PHILIP MORRIS INTL INC GLB		2022-11-15	2025-07-30
	11405.98 CITIGROUP COMME CMO 2020 GC46 AAB 02.614%FEB15 53		2025-02-04	2025-07-31
	4598.66 FHLMC SD 0814 03%2052		2022-01-11	2025-07-31
	12799.41 FHLMC SD 5096 05 50%2054		2024-03-18	2025-07-31
	3577.33 FHLMC RA 3611 02 50%2050		2020-10-15	2025-07-31
	12605.23 FHLMC RA 7122 03 50%2052		2023-02-07	2025-07-31
	3548.55 FHLMC RB 5125 02%2041		2021-08-10	2025-07-31
	1050.06 FNMA PAS7387 03 50%2046		2016-09-30	2025-07-31
	3760.75 FNMA PBU5917 02 50%2051		2021-12-01	2025-07-31
	58795.68 FNMA PBV8551 03 50%2052		2023-07-27	2025-07-31
	2246.68 FNMA PCA7737 02 50%2050		2021-01-27	2025-07-31
	3977.91 FNMA PCB1916 03%2051		2022-01-19	2025-07-31
	5929.64 FNMA PCB3515 03 50%2052		2023-02-07	2025-07-31
	1207.43 FNMA PFM2582 03%2050		2021-03-24	2025-07-31
	6174.89 FNMA PFM4226 02 50%2050		2020-09-09	2025-07-31
	3399.17 FNMA PFS3815 03 50%2051		2023-05-18	2025-07-31
	8945.29 FNMA PFS5284 03 50%2050		2024-05-23	2025-07-31
	833.76 FNMA PFS5843 04%2052		2023-12-08	2025-07-31
	2961.16 FNMA PMA4176 02%2040		2020-09-28	2025-07-31
	8651.29 FNMA PMA4784 04 50%2052		2024-09-12	2025-07-31
	64000. CVS HEALTH CORP GLB		2024-07-15	2025-08-01
	28000. PARKER-HANNIFIN CORP -		2022-06-07	2025-08-01
	20000. PARKER-HANNIFIN CORP -		2022-06-07	2025-08-01
	12000. PARKER-HANNIFIN CORP -		2022-06-06	2025-08-01
	31000. CVS HEALTH CORP GLB		2024-07-15	2025-08-04
	104000. CVS HEALTH CORP GLB		2024-07-23	2025-08-04
	51000. CVS HEALTH CORP GLB		2024-07-23	2025-08-05
	15000. PHILIP MORRIS INTL INC GLB		2022-11-15	2025-08-05
	8000. TRUIST FINANCIAL CORP SER MTN		2020-06-02	2025-08-05
	147000. TRUIST FINANCIAL CORP SER MTN		2020-06-02	2025-08-05
	23000. TRUIST FINANCIAL CORP SER MTN		2020-06-02	2025-08-05
	20000. PHILIP MORRIS INTL INC GLB		2022-11-15	2025-08-06
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	42890.1 NISSAN AUTO REC ABS 2023 A A3 04.910%NOV15 27		2024-08-21	2025-08-14
	43000. PARKER-HANNIFIN CORP -		2022-06-06	2025-08-14
	42000. PARKER-HANNIFIN CORP -		2022-07-07	2025-08-14
	40000. PARKER-HANNIFIN CORP -		2023-07-26	2025-08-14
	49587.33 GM FINANCIAL CO ABS 2022 4 A3 04.820%AUG16 27		2023-07-27	2025-08-15
	25000. UNITEDHEALTH GROUP INC GLB		2023-04-05	2025-08-18
	30000. UNITEDHEALTH GROUP INC GLB		2023-04-11	2025-08-18
	10000. UNITEDHEALTH GROUP INC GLB		2023-04-10	2025-08-18
	25000. UNITEDHEALTH GROUP INC GLB		2023-04-03	2025-08-18
	50000. UNITEDHEALTH GROUP INC GLB		2023-03-29	2025-08-18
	5000. UNITEDHEALTH GROUP INC GLB		2023-03-29	2025-08-18
	100000. UNITEDHEALTH GROUP INC GLB		2023-07-26	2025-08-18
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	55000. PARKER-HANNIFIN CORP -		2023-07-26	2025-08-19
	11445.19 CITIGROUP COMME CMO 2020 GC46 AAB 02.614%FEB15 53		2025-02-04	2025-08-31
	1221.63 FHLMC SD 0814 03%2052		2022-01-11	2025-08-31
	18848.76 FHLMC SD 5096 05 50%2054		2024-03-18	2025-08-31
	3250.01 FHLMC RA 3611 02 50%2050		2020-10-15	2025-08-31
	6361.23 FHLMC RA 7122 03 50%2052		2023-02-07	2025-08-31
	3588.15 FHLMC RB 5125 02%2041		2021-08-10	2025-08-31
	718.03 FNMA PAS7387 03 50%2046		2016-09-30	2025-08-31
	2008.57 FNMA PBU5917 02 50%2051		2021-12-01	2025-08-31
	33576.87 FNMA PBV8551 03 50%2052		2023-07-27	2025-08-31
	2264.71 FNMA PCA7737 02 50%2050		2021-01-27	2025-08-31
	6266.37 FNMA PCB1916 03%2051		2022-01-19	2025-08-31
	7273.53 FNMA PCB3515 03 50%2052		2023-02-07	2025-08-31
	7302.93 FNMA PFM2582 03%2050		2021-03-24	2025-08-31
	5649.15 FNMA PFM4226 02 50%2050		2020-09-09	2025-08-31
	2123.09 FNMA PFS3815 03 50%2051		2023-05-18	2025-08-31
	11028.72 FNMA PFS5284 03 50%2050		2024-05-23	2025-08-31
	918.36 FNMA PFS5843 04%2052		2023-12-08	2025-08-31
	2887.21 FNMA PMA4176 02%2040		2020-09-28	2025-08-31
	8861.65 FNMA PMA4784 04 50%2052		2024-09-12	2025-08-31
	18205.2 MERCEDES-BENZ A ABS 2022 1 A3 05.210%AUG16 27		2023-01-05	2025-09-14
	36908.11 NISSAN AUTO REC ABS 2023 A A3 04.910%NOV15 27		2024-08-21	2025-09-14
	47304.19 GM FINANCIAL CO ABS 2022 4 A3 04.820%AUG16 27		2023-07-27	2025-09-15
	59349.53 GM FINANCIAL LE ABS 2024 1 A3 05.090%MAR22 27		2024-12-23	2025-09-19
	12251.54 CITIGROUP COMME CMO 2020 GC46 AAB 02.614%FEB15 53		2025-02-04	2025-09-30
	5104.91 FHLMC SD 0814 03%2052		2022-01-11	2025-09-30
	10861.88 FHLMC SD 5096 05 50%2054		2024-03-18	2025-09-30
	2600.53 FHLMC RA 3611 02 50%2050		2020-10-15	2025-09-30
	3129.64 FHLMC RA 7122 03 50%2052		2023-02-07	2025-09-30
	3922.41 FHLMC RB 5125 02%2041		2021-08-10	2025-09-30
	676.16 FNMA PAS7387 03 50%2046		2016-09-30	2025-09-30
	4252.14 FNMA PBU5917 02 50%2051		2021-12-01	2025-09-30
	5299.56 FNMA PBV8551 03 50%2052		2023-07-27	2025-09-30
	1604.39 FNMA PCA7737 02 50%2050		2021-01-27	2025-09-30
	6282.96 FNMA PCB1916 03%2051		2022-01-19	2025-09-30
	11551.97 FNMA PCB3515 03 50%2052		2023-02-07	2025-09-30
	7219.54 FNMA PFM2582 03%2050		2021-03-24	2025-09-30
	3027.67 FNMA PFM4226 02 50%2050		2020-09-09	2025-09-30
	1804.91 FNMA PFS3815 03 50%2051		2023-05-18	2025-09-30
	10601.4 FNMA PFS5284 03 50%2050		2024-05-23	2025-09-30
	805.28 FNMA PFS5843 04%2052		2023-12-08	2025-09-30
	3177.64 FNMA PMA4176 02%2040		2020-09-28	2025-09-30
	7455.96 FNMA PMA4784 04 50%2052		2024-09-12	2025-09-30
	18484.45 MERCEDES-BENZ A ABS 2022 1 A3 05.210%AUG16 27		2023-01-05	2025-10-14
	37448.47 NISSAN AUTO REC ABS 2023 A A3 04.910%NOV15 27		2024-08-21	2025-10-14
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	88459.04 GM FINANCIAL LE ABS 2024 1 A3 05.090%MAR22 27		2024-12-23	2025-10-19
	39000. RIO TINTO FIN USA PLC COMPANY GUARNT GLB		2025-03-17	2025-10-23
	41000. RIO TINTO FIN USA PLC COMPANY GUARNT GLB		2025-03-14	2025-10-23
	45000. RIO TINTO FIN USA PLC COMPANY GUARNT GLB		2025-03-12	2025-10-23
	11526.69 CITIGROUP COMME CMO 2020 GC46 AAB 02.614%FEB15 53		2025-02-04	2025-10-31
	2512.52 FHLMC SD 0814 03%2052		2022-01-11	2025-10-31
	19912.91 FHLMC SD 5096 05 50%2054		2024-03-18	2025-10-31
	1515. FHLMC RA 3611 02 50%2050		2020-10-15	2025-10-31
	7429.49 FHLMC RA 7122 03 50%2052		2023-02-07	2025-10-31
	3061.88 FHLMC RB 5125 02%2041		2021-08-10	2025-10-31
	597.23 FNMA PAS7387 03 50%2046		2016-09-30	2025-10-31
	2569.73 FNMA PBU5917 02 50%2051		2021-12-01	2025-10-31
	5259.86 FNMA PBV8551 03 50%2052		2023-07-27	2025-10-31
	1001.32 FNMA PCA7737 02 50%2050		2021-01-27	2025-10-31
	6314.98 FNMA PCB1916 03%2051		2022-01-19	2025-10-31
	6117.63 FNMA PCB3515 03 50%2052		2023-02-07	2025-10-31
	2622.38 FNMA PFM2582 03%2050		2021-03-24	2025-10-31
	4168.38 FNMA PFM4226 02 50%2050		2020-09-09	2025-10-31
	2767.33 FNMA PFS3815 03 50%2051		2023-05-18	2025-10-31
	6462.82 FNMA PFS5284 03 50%2050		2024-05-23	2025-10-31
	4044.59 FNMA PFS5843 04%2052		2023-12-08	2025-10-31
	3086.9 FNMA PMA4176 02%2040		2020-09-28	2025-10-31
	7526.64 FNMA PMA4784 04 50%2052		2024-09-12	2025-10-31
	160000. NATIONAL RURAL UTIL COOP COLLTRL TRST SER MTN GLB		2017-05-23	2025-11-01
	121000. NATIONAL RURAL UTIL COOP COLLTRL TRST SER MTN GLB		2017-05-23	2025-11-01
	94000. NATIONAL RURAL UTIL COOP COLLTRL TRST SER MTN GLB		2017-05-24	2025-11-01
	250000. UBER TECHNOLOGIES INC GLB		2025-02-12	2025-11-03
	62000. RIO TINTO FIN USA PLC COMPANY GUARNT GLB		2025-03-12	2025-11-04
	12000. NEXTERA ENERGY CAPITAL COMPANY GUARNT GLB		2021-12-10	2025-11-06
	10000. NEXTERA ENERGY CAPITAL COMPANY GUARNT GLB		2021-12-09	2025-11-06
	17000. NEXTERA ENERGY CAPITAL COMPANY GUARNT GLB		2021-12-09	2025-11-06
	8000. NEXTERA ENERGY CAPITAL COMPANY GUARNT GLB		2021-12-09	2025-11-06
	165000. NEXTERA ENERGY CAPITAL COMPANY GUARNT GLB		2021-12-08	2025-11-06
	20000. NEXTERA ENERGY CAPITAL COMPANY GUARNT GLB		2022-01-06	2025-11-06
	6000. NEXTERA ENERGY CAPITAL COMPANY GUARNT GLB		2022-01-07	2025-11-06
	9000. RIO TINTO FIN USA PLC COMPANY GUARNT GLB		2025-03-12	2025-11-07
	12000. RIO TINTO FIN USA PLC COMPANY GUARNT GLB		2025-03-11	2025-11-07
	51000. DELL INT LLC / EMC CORP COMPANY GUARNT GLB		2025-03-26	2025-11-12
	26000. DELL INT LLC / EMC CORP COMPANY GUARNT GLB		2025-03-26	2025-11-12
	43000. DELL INT LLC / EMC CORP COMPANY GUARNT GLB		2025-03-27	2025-11-12
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	29000. DELL INT LLC / EMC CORP COMPANY GUARNT GLB		2025-03-27	2025-11-25
	51000. DELL INT LLC / EMC CORP COMPANY GUARNT GLB		2025-03-27	2025-11-25
	105000. DELL INT LLC / EMC CORP COMPANY GUARNT GLB		2025-03-26	2025-11-25
	12330.69 CITIGROUP COMME CMO 2020 GC46 AAB 02.614%FEB15 53		2025-02-04	2025-11-30
	7239.9 FHLMC SD 0814 03%2052		2022-01-11	2025-11-30
	18392.53 FHLMC SD 5096 05 50%2054		2024-03-18	2025-11-30
	5899.68 FHLMC RA 3611 02 50%2050		2020-10-15	2025-11-30
	1240.1 FHLMC RA 7122 03 50%2052		2023-02-07	2025-11-30
	3302.84 FHLMC RB 5125 02%2041		2021-08-10	2025-11-30
	588.21 FNMA PAS7387 03 50%2046		2016-09-30	2025-11-30
	1947.55 FNMA PBU5917 02 50%2051		2021-12-01	2025-11-30
	34734.35 FNMA PBV8551 03 50%2052		2023-07-27	2025-11-30
	1337.73 FNMA PCA7737 02 50%2050		2021-01-27	2025-11-30
	3787.84 FNMA PCB1916 03%2051		2022-01-19	2025-11-30
	3809.52 FNMA PCB3515 03 50%2052		2023-02-07	2025-11-30
	1093.85 FNMA PFM2582 03%2050		2021-03-24	2025-11-30
	2380.1 FNMA PFM4226 02 50%2050		2020-09-09	2025-11-30
	4773.36 FNMA PFS3815 03 50%2051		2023-05-18	2025-11-30
	7471.3 FNMA PFS5284 03 50%2050		2024-05-23	2025-11-30
	839.79 FNMA PFS5843 04%2052		2023-12-08	2025-11-30
	3337.6 FNMA PMA4176 02%2040		2020-09-28	2025-11-30
	8343.55 FNMA PMA4784 04 50%2052		2024-09-12	2025-11-30
	20000. BROADCOM INC GLB		2025-07-08	2025-12-03
	20000. BROADCOM INC GLB		2025-07-08	2025-12-03
	40000. BROADCOM INC GLB		2025-07-08	2025-12-03
	41000. BROADCOM INC GLB		2025-07-07	2025-12-03
	41000. BROADCOM INC GLB		2025-07-08	2025-12-03
	83000. BROADCOM INC GLB		2025-07-07	2025-12-03
	14487.32 MERCEDES-BENZ A ABS 2022 1 A3 05.210%AUG16 27		2023-01-05	2025-12-14
	29299.79 NISSAN AUTO REC ABS 2023 A A3 04.910%NOV15 27		2024-08-21	2025-12-14
	38799.96 GM FINANCIAL CO ABS 2022 4 A3 04.820%AUG16 27		2023-07-27	2025-12-15
	405000. BP CAP MARKETS AMERI CLD COMPANY GUARNT GLB		2023-07-26	2025-12-18
	70256.37 GM FINANCIAL LE ABS 2024 1 A3 05.090%MAR22 27		2024-12-23	2025-12-19
	11608.74 CITIGROUP COMME CMO 2020 GC46 AAB 02.614%FEB15 53		2025-02-04	2025-12-31
	5696.31 FHLMC SD 0814 03%2052		2022-01-11	2025-12-31
	11484.5 FHLMC SD 5096 05 50%2054		2024-03-18	2025-12-31
	2575.56 FHLMC RA 3611 02 50%2050		2020-10-15	2025-12-31
	17476.96 FHLMC RA 7122 03 50%2052		2023-02-07	2025-12-31
	3216.46 FHLMC RB 5125 02%2041		2021-08-10	2025-12-31
	188.14 FNMA PAS7387 03 50%2046		2016-09-30	2025-12-31
	3182.07 FNMA PBU5917 02 50%2051		2021-12-01	2025-12-31
	5419.9 FNMA PBV8551 03 50%2052		2023-07-27	2025-12-31
	1604.34 FNMA PCA7737 02 50%2050		2021-01-27	2025-12-31
	3919.51 FNMA PCB1916 03%2051		2022-01-19	2025-12-31
	3783.34 FNMA PCB3515 03 50%2052		2023-02-07	2025-12-31
	1052.31 FNMA PFM2582 03%2050		2021-03-24	2025-12-31
	4841.68 FNMA PFM4226 02 50%2050		2020-09-09	2025-12-31
	3910.79 FNMA PFS3815 03 50%2051		2023-05-18	2025-12-31
	7477.37 FNMA PFS5284 03 50%2050		2024-05-23	2025-12-31
	10766.3 FNMA PFS5843 04%2052		2023-12-08	2025-12-31
	2928.56 FNMA PMA4176 02%2040		2020-09-28	2025-12-31
	6253.56 FNMA PMA4784 04 50%2052		2024-09-12	2025-12-31
	3. ARTWORK PAINTINGS		2011-12-31	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
	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
	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
	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
	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
	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
	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		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	25,494	25,732	-238
b	45,220	43,471	1,749
c	62,359	61,708	651
d	150,000	150,051	-51
e	8,285	8,583	-298
	11,023	11,068	-45
	3,497	3,708	-211
	10,067	9,404	663
	2,692	2,753	-61
	630	668	-38
	1,374	1,410	-36
	45,584	41,396	4,188
	329	348	-19
	1,467	1,514	-47
	1,542	1,439	103
	1,213	1,280	-67
	3,928	4,163	-235
	2,509	2,328	181
	5,440	4,851	589
	7,476	6,897	579
	2,880	2,981	-101
	6,749	6,677	72
	78,227	77,139	1,088
	37,622	38,189	-567
	9,405	9,428	-23
	6,000	6,003	-3
	13,000	13,007	-7
	64,000	64,033	-33
	38,000	38,019	-19
	25,000	25,007	-7
	64,000	64,000
	32,000	31,998	2
	25,830	25,049	781
	64,940	66,835	-1,895
	101,772	104,594	-2,822
	85,295	87,189	-1,894
	94,546	96,078	-1,532
	37,424	38,025	-601
	38,409	38,953	-544
	75,833	76,730	-897
	24,207	24,432	-225
	19,850	19,882	-32
	44,931	43,194	1,737
	59,323	58,704	619
	5,173	5,010	163
	5,191	5,010	181
	655,000	623,508	31,492
	4,258	4,411	-153
	10,931	10,976	-45
	7,295	7,736	-441
	5,044	4,711	333
	2,728	2,790	-62
	219	233	-14
	1,982	2,034	-52
	50,284	45,664	4,620
	1,012	1,070	-58
	1,493	1,540	-47
	5,758	5,374	384
	7,807	8,236	-429
	3,134	3,322	-188
	1,613	1,497	116
	7,173	6,397	776
	7,390	6,818	572
	2,997	3,103	-106
	5,968	5,904	64
	15,629	15,029	600
	1,002,758	398,737	604,021
	728,287	161,561	566,726
	2,776,251	600,719	2,175,532
	64,415	66,488	-2,073
	62,463	64,450	-1,987
	2,926	3,021	-95
	77,053	79,513	-2,460
	12,680	13,076	-396
	65,301	67,203	-1,902
	64,326	66,195	-1,869
	27,290	28,041	-751
	101,363	103,737	-2,374
	22,182	22,389	-207
	42,263	42,331	-68
	41,147	39,555	1,592
	54,587	54,018	569
	13,527	12,852	675
	14,650	14,962	-312
	201,738	198,933	2,805
	11,245	10,684	561
	4,058	4,203	-145
	3,371	3,384	-13
	5,750	6,097	-347
	9,848	9,198	650
	2,919	2,985	-66
	192	203	-11
	1,373	1,409	-36
	5,451	4,950	501
	892	944	-52
	8,725	9,004	-279
	3,589	3,349	240
	1,126	1,188	-62
	4,327	4,586	-259
	2,129	1,975	154
	10,808	9,640	1,168
	7,798	7,194	604
	3,041	3,148	-107
	7,106	7,030	76
	89,085	87,104	1,981
	23,199	23,415	-216
	44,525	44,596	-71
	42,540	40,895	1,645
	58,695	58,083	612
	209,434	208,081	1,353
	12,057	11,456	601
	4,462	4,622	-160
	6,645	6,672	-27
	2,763	2,930	-167
	4,187	3,911	276
	2,949	3,016	-67
	195	206	-11
	1,393	1,429	-36
	5,121	4,651	470
	580	614	-34
	6,518	6,727	-209
	7,287	6,801	486
	14,110	14,886	-776
	3,720	3,942	-222
	1,698	1,575	123
	8,159	7,277	882
	2,485	2,293	192
	2,696	2,791	-95
	7,698	7,616	82
	15,128	14,997	131
	104,887	103,822	1,065
	52,444	51,883	561
	17,145	16,962	183
	52,444	51,879	565
	21,560	21,762	-202
	41,641	41,707	-66
	39,581	38,050	1,531
	52,937	52,384	553
	5,987	6,021	-34
	30,935	31,102	-167
	102,318	105,696	-3,378
	219,252	224,411	-5,159
	14,617	14,170	447
	238,741	227,008	11,733
	37,453	35,568	1,885
	28,975	29,235	-260
	11,325	10,760	565
	1,270	1,316	-46
	22,549	22,641	-92
	2,456	2,605	-149
	4,660	4,353	307
	3,580	3,661	-81
	979	1,038	-59
	1,452	1,491	-39
	5,311	4,823	488
	902	954	-52
	8,804	9,086	-282
	5,224	4,876	348
	7,411	7,818	-407
	4,361	4,622	-261
	2,061	1,912	149
	10,610	9,463	1,147
	2,016	1,860	156
	3,441	3,563	-122
	8,474	8,383	91
	29,012	29,184	-172
	12,745	12,813	-68
	17,963	18,050	-87
	12,836	12,894	-58
	1,139	1,141	-2
	1,776	1,779	-3
	20,641	20,639	2
	1,631	1,640	-9
	27,373	27,422	-49
	14,547	14,526	21
	20,947	21,142	-195
	39,825	39,889	-64
	50,849	50,319	530
	36,000	36,145	-145
	28,692	27,583	1,109
	488,547	463,948	24,599
	12,135	11,530	605
	1,223	1,267	-44
	4,395	4,413	-18
	4,791	5,081	-290
	10,186	9,515	671
	3,368	3,444	-76
	192	203	-11
	3,158	3,241	-83
	27,287	24,780	2,507
	999	1,057	-58
	20,925	21,595	-670
	4,271	3,986	285
	1,264	1,333	-69
	5,518	5,848	-330
	2,418	2,243	175
	11,911	10,623	1,288
	814	751	63
	3,247	3,362	-115
	9,211	9,113	98
	337,247	320,085	17,162
	174,015	172,460	1,555
	76,772	75,775	997
	20,439	20,629	-190
	36,389	36,447	-58
	47,197	46,705	492
	11,461	11,062	399
	32,299	31,161	1,138
	23,964	23,115	849
	10,443	10,018	425
	15,664	14,982	682
	57,434	54,579	2,855
	154,050	151,374	2,676
	15,669	14,885	784
	40,697	39,194	1,503
	32,349	31,146	1,203
	36,523	35,105	1,418
	13,563	12,901	662
	59,555	56,564	2,991
	31,345	29,564	1,781
	36,569	34,437	2,132
	340,000	336,770	3,230
	1,047,082	342,472	704,610
	943,298	279,872	663,426
	2,221,714	397,320	1,824,394
	1,753,520	313,008	1,440,512
	28,188	27,081	1,107
	3,132	2,997	135
	11,406	10,837	569
	4,599	4,764	-165
	12,799	12,851	-52
	3,577	3,794	-217
	12,605	11,774	831
	3,549	3,629	-80
	1,050	1,113	-63
	3,761	3,859	-98
	58,796	53,394	5,402
	2,247	2,376	-129
	3,978	4,105	-127
	5,930	5,534	396
	1,207	1,274	-67
	6,175	6,544	-369
	3,399	3,154	245
	8,945	7,978	967
	834	769	65
	2,961	3,066	-105
	8,651	8,559	92
	65,984	64,658	1,326
	28,064	28,038	26
	20,045	20,011	34
	12,027	11,975	52
	32,013	31,318	695
	107,398	104,927	2,471
	52,687	51,454	1,233
	15,744	14,987	757
	8,000	8,000
	147,000	146,844	156
	23,000	23,000
	20,994	19,983	1,011
	19,848	20,033	-185
	42,890	42,959	-69
	43,119	42,909	210
	42,116	41,820	296
	40,111	38,957	1,154
	49,587	49,070	517
	24,452	25,167	-715
	29,343	30,068	-725
	9,781	10,018	-237
	24,452	25,023	-571
	48,905	49,414	-509
	4,889	4,941	-52
	97,778	97,693	85
	68,106	68,556	-450
	55,133	53,566	1,567
	11,445	10,874	571
	1,222	1,266	-44
	18,849	18,925	-76
	3,250	3,447	-197
	6,361	5,942	419
	3,588	3,669	-81
	718	761	-43
	2,009	2,061	-52
	33,577	30,492	3,085
	2,265	2,395	-130
	6,266	6,467	-201
	7,274	6,788	486
	7,303	7,705	-402
	5,649	5,987	-338
	2,123	1,970	153
	11,029	9,836	1,193
	918	847	71
	2,887	2,989	-102
	8,862	8,767	95
	18,205	18,375	-170
	36,908	36,967	-59
	47,304	46,811	493
	59,350	59,741	-391
	12,252	11,640	612
	5,105	5,288	-183
	10,862	10,906	-44
	2,601	2,758	-157
	3,130	2,923	207
	3,922	4,011	-89
	676	717	-41
	4,252	4,364	-112
	5,300	4,813	487
	1,604	1,697	-93
	6,283	6,484	-201
	11,552	10,781	771
	7,220	7,617	-397
	3,028	3,209	-181
	1,805	1,675	130
	10,601	9,455	1,146
	805	743	62
	3,178	3,290	-112
	7,456	7,376	80
	18,484	18,657	-173
	37,448	37,508	-60
	45,540	45,065	475
	88,459	89,043	-584
	40,782	39,162	1,620
	42,874	40,990	1,884
	47,057	44,913	2,144
	11,527	10,952	575
	2,513	2,603	-90
	19,913	19,994	-81
	1,515	1,607	-92
	7,429	6,940	489
	3,062	3,131	-69
	597	633	-36
	2,570	2,637	-67
	5,260	4,777	483
	1,001	1,059	-58
	6,315	6,517	-202
	6,118	5,709	409
	2,622	2,767	-145
	4,168	4,418	-250
	2,767	2,568	199
	6,463	5,764	699
	4,045	3,731	314
	3,087	3,196	-109
	7,527	7,446	81
	160,000	160,000
	121,000	121,000
	94,000	94,000
	248,648	238,695	9,953
	63,858	61,880	1,978
	11,693	12,006	-313
	9,744	10,004	-260
	16,565	17,006	-441
	7,795	8,001	-206
	160,781	164,886	-4,105
	19,489	19,907	-418
	5,847	5,960	-113
	9,253	8,983	270
	12,337	11,932	405
	52,597	51,076	1,521
	26,814	26,031	783
	44,346	43,034	1,312
	38,112	36,790	1,322
	17,192	17,353	-161
	34,703	34,758	-55
	44,112	43,652	460
	92,258	92,867	-609
	29,936	29,023	913
	52,646	50,985	1,661
	108,389	104,902	3,487
	12,331	11,716	615
	7,240	7,500	-260
	18,393	18,467	-74
	5,900	6,256	-356
	1,240	1,158	82
	3,303	3,378	-75
	588	624	-36
	1,948	1,999	-51
	34,734	31,543	3,191
	1,338	1,415	-77
	3,788	3,909	-121
	3,810	3,555	255
	1,094	1,154	-60
	2,380	2,523	-143
	4,773	4,429	344
	7,471	6,663	808
	840	775	65
	3,338	3,455	-117
	8,344	8,254	90
	20,370	19,980	390
	20,370	19,976	394
	40,739	39,948	791
	41,758	40,945	813
	41,758	40,927	831
	84,534	82,827	1,707
	14,487	14,623	-136
	29,300	29,347	-47
	38,800	38,395	405
	405,000	390,768	14,232
	70,256	70,720	-464
	11,609	11,030	579
	5,696	5,901	-205
	11,485	11,531	-46
	2,576	2,731	-155
	17,477	16,325	1,152
	3,216	3,289	-73
	188	199	-11
	3,182	3,266	-84
	5,420	4,922	498
	1,604	1,697	-93
	3,920	4,045	-125
	3,783	3,531	252
	1,052	1,110	-58
	4,842	5,131	-289
	3,911	3,628	283
	7,477	6,669	808
	10,766	9,932	834
	2,929	3,032	-103
	6,254	6,187	67
	51,960	51,960
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332
			6,104,332

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			-238
b			1,749
c			651
d			-51
e			-298
			-45
			-211
			663
			-61
			-38
			-36
			4,188
			-19
			-47
			103
			-67
			-235
			181
			589
			579
			-101
			72
			1,088
			-567
			-23
			-3
			-7
			-33
			-19
			-7

			2
			781
			-1,895
			-2,822
			-1,894
			-1,532
			-601
			-544
			-897
			-225
			-32
			1,737
			619
			163
			181
			31,492
			-153
			-45
			-441
			333
			-62
			-14
			-52
			4,620
			-58
			-47
			384
			-429
			-188
			116
			776
			572
			-106
			64
			600
			604,021
			566,726
			2,175,532
			-2,073
			-1,987
			-95
			-2,460
			-396
			-1,902
			-1,869
			-751
			-2,374
			-207
			-68
			1,592
			569
			675
			-312
			2,805
			561
			-145
			-13
			-347
			650
			-66
			-11
			-36
			501
			-52
			-279
			240
			-62
			-259
			154
			1,168
			604
			-107
			76
			1,981
			-216
			-71
			1,645
			612
			1,353
			601
			-160
			-27
			-167
			276
			-67
			-11
			-36
			470
			-34
			-209
			486
			-776
			-222
			123
			882
			192
			-95
			82
			131
			1,065
			561
			183
			565
			-202
			-66
			1,531
			553
			-34
			-167
			-3,378
			-5,159
			447
			11,733
			1,885
			-260
			565
			-46
			-92
			-149
			307
			-81
			-59
			-39
			488
			-52
			-282
			348
			-407
			-261
			149
			1,147
			156
			-122
			91
			-172
			-68
			-87
			-58
			-2
			-3
			2
			-9
			-49
			21
			-195
			-64
			530
			-145
			1,109
			24,599
			605
			-44
			-18
			-290
			671
			-76
			-11
			-83
			2,507
			-58
			-670
			285
			-69
			-330
			175
			1,288
			63
			-115
			98
			17,162
			1,555
			997
			-190
			-58
			492
			399
			1,138
			849
			425
			682
			2,855
			2,676
			784
			1,503
			1,203
			1,418
			662
			2,991
			1,781
			2,132
			3,230
			704,610
			663,426
			1,824,394
			1,440,512
			1,107
			135
			569
			-165
			-52
			-217
			831
			-80
			-63
			-98
			5,402
			-129
			-127
			396
			-67
			-369
			245
			967
			65
			-105
			92
			1,326
			26
			34
			52
			695
			2,471
			1,233
			757

			156

			1,011
			-185
			-69
			210
			296
			1,154
			517
			-715
			-725
			-237
			-571
			-509
			-52
			85
			-450
			1,567
			571
			-44
			-76
			-197
			419
			-81
			-43
			-52
			3,085
			-130
			-201
			486
			-402
			-338
			153
			1,193
			71
			-102
			95
			-170
			-59
			493
			-391
			612
			-183
			-44
			-157
			207
			-89
			-41
			-112
			487
			-93
			-201
			771
			-397
			-181
			130
			1,146
			62
			-112
			80
			-173
			-60
			475
			-584
			1,620
			1,884
			2,144
			575
			-90
			-81
			-92
			489
			-69
			-36
			-67
			483
			-58
			-202
			409
			-145
			-250
			199
			699
			314
			-109
			81



			9,953
			1,978
			-313
			-260
			-441
			-206
			-4,105
			-418
			-113
			270
			405
			1,521
			783
			1,312
			1,322
			-161
			-55
			460
			-609
			913
			1,661
			3,487
			615
			-260
			-74
			-356
			82
			-75
			-36
			-51
			3,191
			-77
			-121
			255
			-60
			-143
			344
			808
			65
			-117
			90
			390
			394
			791
			813
			831
			1,707
			-136
			-47
			405
			14,232
			-464
			579
			-205
			-46
			-155
			1,152
			-73
			-11
			-84
			498
			-93
			-125
			252
			-58
			-289
			283
			808
			834
			-103
			67

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	14,218,944
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 .........................		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.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	271,333
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	271,333
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	271,333
6	Credits/Payments:

a	2025 estimated tax payments and 2024 overpayment credited to 2025	6a	228,000
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	228,000
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. List of Attached Documents: // Content		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	43,333
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)

Page 4

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. $ (2) On foundation managers.$

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers.$

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

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? ................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address

The books are in care ofGJ Sinclair Telephone no. (847) 535-2030

Located at225 E DEERPATH ROADLAKE FORESTIL ZIP+460045

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 ........

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)

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

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)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........

1a(3)

(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)

(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)

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 ..........

Organizations relying on a current notice regarding disaster assistance check here ........

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? .............

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)):

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?....................

If "Yes," list the years 20, 20, 20, 20

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.) ..............

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

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

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.).....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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? ..

Form 990-PF (2025)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(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)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

(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)

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 ........

Organizations relying on a current notice regarding disaster assistance check .........

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? .................

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

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? .........................

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
J L Howard	President, Chairman & Director 15	200,000
225 E Deerpath Road Suite 224 Lake Forest,IL60045	President, Chairman & Director 15	200,000
J S Chapman	Chairman Emeritus & Director 10	100,000
225 E Deerpath Road Suite 224 Lake Forest,IL60045	Chairman Emeritus & Director 10	100,000
J T Ryan	Director 4	0
225 E Deerpath Road Suite 224 Lake Forest,IL60045	Director 4	0
G J Sinclair	Senior Vice President & Secretary 30	338,551	82,763
225 E Deerpath Road Suite 224 Lake Forest,IL60045	Senior Vice President & Secretary 30	338,551	82,763
W B Hayden	Vice President 4	40,000
225 E Deerpath Road Suite 224 Lake Forest,IL60045	Vice President 4	40,000
Julia Wold	Vice President 21	109,300
225 E Deerpath Road Suite 224 Lake Forest,IL60045	Vice President 21	109,300
C J Bellmore	Treasurer 6	50,000
225 E Deerpath Road Suite 224 Lake Forest,IL60045	Treasurer 6	50,000

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)

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
Bank of America	FINANCIAL	643,242
110 N WACKER DRIVE CHICAGO,IL60603	FINANCIAL	643,242
William Blair	FINANCIAL	117,609
150 N RIVERSIDE PLAZA CHICAGO,IL60606	FINANCIAL	117,609

Total number of others receiving over $50,000 for professional services............. right arrow

Part VIII-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


2


3


4

Part VIII-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3.........................

Form 990-PF (2025)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

287,525,604

Average of monthly cash balances.......................

10,517,492

Fair market value of all other assets (see instructions)................

544,482

Total (add lines 1a, 1b, and 1c).......................

298,587,578

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

298,587,578

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

instructions) .............................

4,478,814

Net value of noncharitable-use assets. Subtract line 4 from line 3. ............

294,108,764

Minimum investment return. Enter 5% (0.05) of line 5 ................

14,705,438

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.)

Minimum investment return from Part IX, line 6..................

14,705,438

Tax on investment income for 2025 from Part V, line 5 .......

271,333

Income tax for 2025. (This does not include the tax from Part V.) ...

Add lines 2a and 2b............................

271,333

Distributable amount before adjustments. Subtract line 2c from line 1............

14,434,105

Recoveries of amounts treated as qualifying distributions................

10,000

Add lines 3 and 4............................

14,444,105

Deduction from distributable amount (see instructions) .................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...

14,444,105

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, line 26, column (d) ..........

21,829,000

Program-related investments—total from Part VIII-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......

21,829,000

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					14,444,105
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only.......				0
b Total for prior years:20 , 20, 20			0
3 Excess distributions carryover, if any, to 2025:
a From 2020......	67,581,605
b From 2021......	46,870,271
c From 2022......	31,640,609
d From 2023......	4,413,477
e From 2024......	6,641,568
f Total of lines 3a through e ........		157,147,530
4Qualifying distributions for 2025 from Part
XI, line 4: $ 21,829,000
a Applied to 2024, but not more than line 2a				0
b Applied to undistributed income of prior years (Election required—see instructions) .....			0
c Treated as distributions out of corpus (Election required—see instructions) ........		0
d Applied to 2025 distributable amount.....					14,444,105
e Remaining amount distributed out of corpus		7,384,895
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		164,532,425
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2024. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2025. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2026 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2020 not applied on line 5 or line 7 (see instructions) ...		67,581,605
9 Excess distributions carryover to 2026. Subtract lines 7 and 8 from line 6a ......		96,950,820
10 Analysis of line 9:
a Excess from 2021 ....	46,870,271
b Excess from 2022 ....	31,640,609
c Excess from 2023 ....	4,413,477
d Excess from 2024 ....	6,641,568
e Excess from 2025 ....	7,384,895

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 4942(j)(3) or4942(j)(5)

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	(e) Total

b 85% (0.85) of line 2a .......
c Qualifying distributions from Part XI, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, 3b, or 3c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part IX, line 6 for each year listed ..
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XIV

Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

NONE

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

NONE

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, 2b, 2c, and 2d. See instructions

aThe name, address, and telephone number or email address of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Form 990-PF (2025)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
SEE ATTACHED SCHEDULE SEE ATTACHED SEE ATTACHED,IL11111	N/A		SEE ATTACHED SCHEDULE	21,829,000
Total ................................. 3a				21,829,000

bApproved for future payment

Total ................................. 3b

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	(e) Related or exempt function income (See instructions.)
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	6,152,398
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	14,218,944
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) ..				20,371,342

13Total. Add line 12, columns (b), (d), and (e)..................

20,371,342

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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. Yes No
	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

Name of organization THE GRAINGER FOUNDATION INC

Part I	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
1	David Grainger Estate c/o THE GRAINGER FOUNDATION INC 225 E Deerpath Road Lake Forest, IL60045	$ 14,492,390	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)

Name of organization THE GRAINGER FOUNDATION INC		Employer identification number 36-6192971

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990) (Rev. 1-2025)

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ERNST AND YOUNG	18,000
BANK OF AMERICA	1,500

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
MAYER BROWN LLP	12,065
GRABILL LAW FIRM	750

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
CANDID	2,000	0		0
ADMINISTRATIVE SERVICES	72,270	0		0
ACCOUNTING SOFTWARE	3,060	0		0
BANK SERVICE FEES	100	0		0
IL ATTORNEY GENERAL FILING FEE	15	0		0
IL ANNUAL REPORT FILING FEE	10	0		0
NETWORK IT SERVICES	18,101	0		0
D & O INSURANCE	642	0		0
COMMUNICATION SET-UP SERVICES	323	0		0
MISCELLANEOUS	9,060	0		0


Name of organization THE GRAINGER FOUNDATION INC			Employer identification number 36-6192971
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

Description	Amount
INCOME TIMING ADJUSTMENT	11,485
YEAR END SALES	949
UNRECOGNIZED LOSS ON DONATED ART SALES	153,040

Description	Amount
DONATIONS OF STOCK (FMV LESS COST)	995,201
RECOVERY OF GRANT PAID	10,000

Category	Amount	Net Investment Income
BANK OF AMERICA	641,742	641,742
WILLIAM BLAIR	117,609	117,609
NORTHERN TRUST	25,000	25,000

Category	Amount	Net Investment Income
EXCISE TAX - PRIOR YEAR	67,244	0
ESTIMATED TAX PAID	228,000	0
FOREIGN TAXES	66,647	66,647