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
BUSSING-KOCH FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address) 2905 Bayard Park Drive
  Room/suite
City or town
Evansville
State or province
IN
Country  
ZIP or foreign postal code
47714
A Employer identification number

35-1780862
B Telephone number (see instructions)

8124731060
C
G Check all that apply:

D 1. Foreign organizations, check here.............
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
H Check type of organization:
F
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)$6,626,056J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 100
2 Check .................
3 Interest on savings and temporary cash investments 11,395 11,395  
4 Dividends and interest from securities... 68,444 68,444  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment
List of Attached Documents:
// Content
620,601
b Gross sales price for all assets on line 6a 1,065,994
7 Capital gain net income (from Part IV, line 2)... 613,957
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 700,540 693,796  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... 0 0   0
b Accounting fees (attach schedule)....... 0 0   0
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
61,242 61,242   61,242
17 Interest............... 231 231   231
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
4,695 974   974
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments
List of Attached Documents:
// Content
500 500   500
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 66,668 62,947   62,947
25 Contributions, gifts, grants paid....... 301,970 301,970
26 Total expenses and disbursements. Add lines 24 and 25 ................ 368,638 62,947   364,917
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 331,902
b Net investment income (if negative, enter -0-) 630,849
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2025)
Form 990-PF (2025)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 83,266 99,583 99,583
2 Savings and temporary cash investments......... 0 0 0
3 Accounts receivable 0
Less: allowance for doubtful accounts 0 0 0 0
4 Pledges receivable 0
Less: allowance for doubtful accounts 0 0 0 0
5 Grants receivable................. 0 0 0
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) 300,153
Less: allowance for doubtful accounts 255,000 255,000 Click to see attachment
List of Attached Documents:
// Content
298,916 		298,916
8 Inventories for sale or use.............. 0 0 0
9 Prepaid expenses and deferred charges.......... 0 0 0
10a Investments—U.S. and state government obligations (attach schedule) 134,923 Click to see attachment
List of Attached Documents:
// Content
149,276 		149,729
b Investments—corporate stock (attach schedule)....... 1,667,460 Click to see attachment
List of Attached Documents:
// Content
1,922,508 		5,523,131
c Investments—corporate bonds (attach schedule)....... 204,277 Click to see attachment
List of Attached Documents:
// Content
206,196 		206,438
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans............. 0 0 0
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
15 Other assets (describe ) Click to see attachment
List of Attached Documents:
// Content
122,211 		Click to see attachment
List of Attached Documents:
// Content
122,519 		Click to see attachment
List of Attached Documents:
// Content
348,259
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,467,137 2,798,998 6,626,056
Liabilities 17 Accounts payable and accrued expenses.......... 0 0
18 Grants payable................. 0 0
19 Deferred revenue................. 0 0
20 Loans from officers, directors, trustees, and other disqualified persons 0 0
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe )    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 2,467,137 2,798,998
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 2,467,137 2,798,998
30 Total liabilities and net assets/fund balances (see instructions). 2,467,137 2,798,998
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
2,467,137
2
Enter amount from Part I, line 27a .....................
2
331,902
3
Other increases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
3
119
4
Add lines 1, 2, and 3 ..........................
4
2,799,158
5
Decreases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
5
160
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
2,798,998
Form 990-PF (2025)
Form 990-PF (2025)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a Publicly Traded Security - Common and Preferred Stock      
b Publicly Traded Security - Common and Preferred Stock      
c Publicly Traded Security - Common and Preferred Stock      
d Publicly Traded Security - Common and Preferred Stock      
e Publicly Traded Security - Common and Preferred Stock      
Publicly Traded Security - Common and Preferred Stock      
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 35,559   35,668 -109
b 46,851   41,197 5,654
c 86,972   45,366 41,606
d 45,425   41,981 3,444
e 780,242   230,873 549,369
64,301   50,308 13,993
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       0
b       5,654
c       41,606
d       3,444
e       549,369
      13,993
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 613,957
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ......................... 		Bracket 3 0
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 8,769
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 8,769
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 8,769
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 8,769
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 8,769
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed....... 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10 0
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax0 Refunded 11 0
For Refunded amount, also complete and attach Form 8050. See instructions.
Form 990-PF (2025)
Form 990-PF (2025)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. $ 0(2) On foundation managers.$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
IN
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2025 or the taxable year beginning in 2025? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressnone
14
The books are in care ofWILFRED C BUSSING III Telephone no. (812) 473-1060

Located at2905 Bayard Park DriveEvansvilleIN ZIP+447714
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........
and enter the amount of tax-exempt interest received or accrued during the year ........
15
 
16 At any time during calendar year 2025, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country
Form 990-PF (2025)
Form 990-PF (2025)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2025? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2025, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2025?....................
2a
 
No
If "Yes," list the years 20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2025 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Form 4720, Schedule C, to determine
if the foundation had excess business holdings in 2025.).....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2025? ..
4b
 
No
Form 990-PF (2025)
Form 990-PF (2025)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
No
c
Organizations relying on a current notice regarding disaster assistance check .........
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
No
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
Katherine K Bussing Secretary-Treasurer
0.00 		0 0 0
1533 Victoria Green Boulevard
Evansville,IN47715
Marie A Bussing Vice President
0.00 		0 0 0
1524 Glen Eden Lane
Evansville,IN47715
Wilfred C Bussing III President
3.00 		0 0 0
9079 Blackberry Lane
Newburgh,IN47630
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...................  
Form 990-PF (2025)
Form 990-PF (2025)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right 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)
Form 990-PF (2025)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
5,440,526
b
Average of monthly cash balances.......................
1b
115,744
c
Fair market value of all other assets (see instructions)................
1c
642,500
d
Total (add lines 1a, 1b, and 1c).......................
1d
6,198,770
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
6,198,770
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
92,982
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
6,105,788
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
305,289
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
305,289
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
8,769
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
0
c
Add lines 2a and 2b............................
2c
8,769
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
296,520
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
296,520
6
Deduction from distributable amount (see instructions) .................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
296,520
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, line 26, column (d) Click to see attachment
List of Attached Documents:
// Content
..........
1a
364,917
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
364,917
Form 990-PF (2025)
Form 990-PF (2025)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2024 		(c)
2024 		(d)
2025
1 Distributable amount for 2025 from Part X, line 7 296,520
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 0
b Total for prior years:2023, 2022, 2021 0
3 Excess distributions carryover, if any, to 2025:
a From 2020...... 0
b From 2021...... 83,197
c From 2022...... 0
d From 2023...... 62,843
e From 2024...... 0
f Total of lines 3a through e ........ 146,040
4Qualifying distributions for 2025 from Part
XI, line 4: $ 364,917
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) ........ 		 
d Applied to 2025 distributable amount..... 296,520
e Remaining amount distributed out of corpus 68,397
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 5 214,437
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2024. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2025. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2026 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2020 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		214,437
10 Analysis of line 9:
a Excess from 2021 .... 83,197
b Excess from 2022 .... 0
c Excess from 2023 .... 62,843
d Excess from 2024 .... 0
e Excess from 2025 .... 68,397
Form 990-PF (2025)
Form 990-PF (2025)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2025, enter the date of the ruling ......
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2025 (b) 2024 (c) 2023 (d) 2022
         
b 85% (0.85) of line 2a .......          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, 3b, or 3c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, 2b, 2c, and 2d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2025)
Form 990-PF (2025)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year
American Red Cross Indiana Region


29 S Stockwell Road
Evansville,IN47714 		    general operating expense 500
Ascension St Vincent Evansville Fou


3700 Washington Avenue
Evansville,IN47714 		    general operating expense 7,800
Boys and Girls Club of Evansville


700 Bellemeade Avenue
Evansville,IN47713 		    general operating expense 800
Buffalo Trace Council BSA Inc


3501 E Lloyd Expressway
Evansville,IN47715 		    general operating expense 1,500
Castle High School


3344 Highway 261
Newburgh,IN47630 		    general operating expense 250
Catholic Diocese of Evansville Inc


4200 N Kentucky Avenue
Evansville,IN47711 		    general operating expense 100
Delta Research and Educational Foun


1703 New Hampshire Avenue NW
Washington,DC20009 		    general operating expense 600
Evansville Catholic High Schools


520 S Bennighof Avenue
Evansville,IN47714 		    general operating expense 750
Evansville Museum of Arts History


411 S E Riverside Drive
Evansville,IN47713 		    general operating expense 350
Evansville Police Department Founda


PO Box 3114
Evansville,IN47730 		    general operating expense 1,000
Evansville-Vanderburgh Human Rights


1 N W Martin Luther King Boulevard
Room 209
Evansville,IN47708 		    general operating expense 500
EVSC Foundation Inc


951 Walnut Street
Evansville,IN47713 		    general operating expense 5,000
Feed Evansville Inc


100 E Walnut Street
Evansville,IN47713 		    general operating expense 250
Glenwood Neighborhood Association


320 S E Martin Luther King Blvd
Suite B
Evansville,IN47708 		    general operating expense 1,000
Habitat for Humanity of Evansville


560 E Diamond Avenue
Evansville,IN47711 		    general operating expense 500
Hebron Elementary School


4400 Bellemeade Avenue
Evansville,IN47714 		    general operating expense 1,000
Historic Newburgh Inc


PO Box 417
Newburgh,IN47629 		    general operating expense 1,000
Impact Evansville


1201 S Bedford Avenue
Evansville,IN47713 		    general operating expense 8,000
IYG Inc


3733 N Meridian Street
Indianapolis,IN46208 		    general operating expense 200
Joshua Academy


1230 E Illinois Street
Evansville,IN47711 		    general operating expense 2,400
Junior Achievement of Southwestern


431 E Diamond Avenue
Evansville,IN47711 		    general operating expense 300
Loogootee Community Schools


201 Brooks Avenue
Loogootee,IN47553 		    general operating expense 170
Marshall County Board of Education


86 High School Road
Benton,KY42025 		    general operating expense 1,400
Mt Vernon Youth Baseball Inc


1516 Brittle Bank Road
Mount Vernon,IN47620 		    general operating expense 1,000
Notre Dame Club of the Tri-State


2905 Bayard Park Drive
Evansville,IN47714 		    general operating expense 1,000
Reitz Memorial High School


1500 Lincoln Avenue
Evansville,IN47714 		    general operating expense 37,500
Evansville P47 Foundation Inc


7503 Petersburg Road
Evansville,IN47725 		    general operating expense 1,000
Pearls of Distinction Foundation


PO Box 174
Evansville,IN47702 		    general operating expense 1,000
River City Pride Inc


PO Box 3313
Evansville,IN47732 		    general operating expense 2,000
Rivertown Royals Softball Inc


2688 Meadowcrest Drive
Newburgh,IN47630 		    general operating expense 1,000
St Joseph Catholic Church


6202 W St Joseph Road
Evansville,IN47720 		    general operating expense 400
District of Evansville of the Socie


809 N Lafayette Avenue
Evansville,IN47711 		    general operating expense 1,000
St Marys Medical Center Auxiliary


3700 Washington Avenue
Evansville,IN47714 		    general operating expense 1,100
Signature School


610 Main Street
Evansville,IN47708 		    general operating expense 1,000
Spencer County Community Foundation


200 Patricia Koch Drive
Santa Claus,IN47579 		    general operating expense 1,000
Sycamore Land Trust


4898 E Heritage Woods Road
Bloomington,IN47401 		    general operating expense 1,000
United Way of Southwestern Indiana


318 Main Street
Evansville,IN47708 		    general operating expense 1,000
University of Evansville


1800 Lincoln Avenue
Evansville,IN47722 		    capital campaign 80,000
University of Notre Dame


400 Main Building
Notre Dame,IN46556 		    capital campaign 50,000
911 Gives Hope Inc


PO Box 3644
Evansville,IN47735 		    general operating expense 1,000
YWCA of Evansville Inc


118 Vine Street
Evansville,IN47708 		    general operating expense 3,100
Youth First Inc


111 S E Third Street
Suite 405
Evansville,IN47708 		    general operating expense 1,000
University of Southern Indiana Foun


8600 University Boulevard
Evansville,IN47712 		    scholarship fund 80,500
Total ................................. 3a 301,970
bApproved for future payment
Total ................................. 3b 0
Form 990-PF (2025)
Form 990-PF (2025)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		  0 14 11,395 0
4 Dividends and interest from securities ....   0 14 68,444 0
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 ............ 		  0 14 620,601 0
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 700,440 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
700,440
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2025)
Form 990-PF (2025)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Preparer's name Preparer's Signature Date Check if self-
employed 		PTIN
Firm's name
Firm's EIN
Firm's address


Phone no.
Form 990-PF (2025)
Additional Data


Software ID: 25022704
Software Version: V2.0


Form 990PF - Special Condition Description:
Special Condition Description

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2025 GainLossSaleOtherAssetsSch
Name:
BUSSING-KOCH FOUNDATION INC
EIN:
35-1780862
Software ID:
24020569
Software Version:
V2.0
Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
LTCG Causeway International Value Fund #1271 2025-12   1753-01   499 0   0 499 0
STCG Causeway International Value Fund #1271 2025-12   1753-01   127 0   0 127 0
LTCG Janus Henderson Enterprise Fund #1450 2025-12   1753-01   445 0   0 445 0
LTCG Nyli Pinestone International Equity Fund 2025-12   1753-01   31 0   0 31 0
LTCG Putnam Large Cap Value Fund #8810 2025-12   1753-01   790 0   0 790 0
STCG Putnam Large Cap Value Fund #8810 2025-12   1753-01   235 0   0 235 0
LTCG JP Morgan Undiscovered Managers Behavioral Value Fund #3467 2025-12   1753-01   376 0   0 376 0
STCG JP Morgan Undiscovered Managers Behavioral Value Fund #3467 2025-12   1753-01   76 0   0 76 0
LTCG Victory Sycamore Established Value Fund #308 2025-12   1753-01   240 0   0 240 0
LTCG Conestoga Funds Small Cap Instl 2025-12   1753-01   298 0   0 298 0
LTCG Abbey Cap Multi Asset Fund I 2025-12   1753-01   85 0   0 85 0
STCG Abbey Cap Multi Asset Fund I 2025-12   1753-01   107 0   0 107 0
LTCG Seafarer Overseas Gr and Income Instl 2025-12   1753-01   12 0   0 12 0
STCG Goldman Sachs Abs Return Tracker 2025-12   1753-01   35 0   0 35 0
LTCG Harbor Capital Appreciation Fund 2025-12   1753-01   1,489 0   0 1,489 0
LTCG MFS International Equity Fund 2025-12   1753-01   42 0   0 42 0
STCG MFS International Equity Fund 2025-12   1753-01   3 0   0 3 0
LTCG Allspring Special Mid Cap Value Fund 2025-12   1753-01   494 0   0 494 0
STCG Allspring Mid Cap Value Fund 2025-12   1753-01   40 0   0 40 0
LTCG Dodge & Cox Stock Fund 2025-12   1753-01   1,055 0   0 1,055 0
LTCG Dodge & Cox Intl Stock Fund 2025-12   1753-01   129 0   0 129 0
STCG Blackrock Funds II Strg Opp Instl 2025-12   1753-01   36 0   0 36 0

TY 2025 InvestmentsCorpBondsSchedule
Name:
BUSSING-KOCH FOUNDATION INC
EIN:
35-1780862
Software ID:
24020569
Software Version:
V2.0
Name of Bond End of Year Book Value End of Year Fair Market Value
4,052.807 sh. Vanguard Short Term Bond Index Adm. Fund #5132 41,552 41,906
1,683.591 sh. Vanguard Intermediate Term Bond Index Adm Fund #5314 17,591 17,779
McDonalds Corp. Medium Term Note 3.3% due 7 1 25 0 0
Comcast Corp. Sr. Unsecured 3.95% due 10 15 25 0 0
The Walt Disney Co. Sr. Unsecured 1.75% due 1 13 26 4,987 4,997
Oracle Corp. Sr. Unsecured 1.65% due 3 25 26 3,998 3,975
Visa Inc. Sr. Unsecured 1.9% due 4 15 27 4,986 4,897
CVS Health Corp. Sr. Unsecured 1.3% due 8 21 27 6,980 6,696
Lockheed Martin Corp. Sr. Unsecured 5.1% due 11 15 27 3,993 4,096
AT&T Inc. Sr. Unsecured 1.65% due 2 1 28 6,991 6,673
J.P. Morgan Chase & Co. Sr. Unsecured 6.087% due 10 23 29 4,135 4,213
Pepsico Inc. Sr. Unsecured 1.625% due 5 1 30 4,978 4,528
Bristol-Myers Squibb Co. Sr. Unsecured 2.95% due 3 15 32 4,042 3,705
Goldman Sachs Group Inc. FX FLT Sr. Unsecured 6.561% due 10 24 34 4,292 4,456
Honda Motor Co. Ltd. Sr. Unsecured 2.281% due 3 10 25 0 0
Toronto-Dominion Bank Sr. Medium Term Note 0.75% due 1 6 26 6,990 6,998
Bank of Montreal FX FLT Medium Term Note 0.949% due 1 22 27 4,941 4,990
Pfizer Investment Enter Sr. Unsecured 4.45% due 5 19 28 3,995 4,053
113 sh. Vanguard Short Term Bond ETF 8,648 8,906
200.890 sh. Guggenheim Limited Duration Inst. 4,854 4,970
535.052 sh. Doubleline Total Return Bond I 4,728 4,773
374.200 sh. Dodge & Cox Income Fund 4,686 4,809
821.844 sh. Blackrock Funds II Strg. Opp. Instl. 7,879 8,029
2,033.465 sh. Baird Funds Inc. Intermediate Bond Instl. 20,657 21,473
3,100.461 sh. PIMCO Moderate Duration Institutional Fund #120 30,293 29,516

TY 2025 InvestmentsCorpStockSchedule
Name:
BUSSING-KOCH FOUNDATION INC
EIN:
35-1780862
Software ID:
24020569
Software Version:
V2.0
Name of Stock End of Year Book Value End of Year Fair Market Value
553 sh. Microsoft Corp. 15,923 267,442
954 sh. Apple Inc. 14,083 259,354
733 sh. TE Connectivity Ltd. 24,539 166,765
760 sh. Johnson & Johnson 61,027 157,282
470 sh. Danaher Corp. 94,876 107,592
1,493 sh. Wells Fargo & Co. 71,293 139,148
2,115 sh. Charles Schwab Corp. 80,844 211,310
926 sh. Progressive Corp. 15,797 210,869
1,064 sh. JP Morgan Chase & Co. 46,141 342,842
470 sh. Berkshire Hathaway Inc. Class B 54,925 236,246
1,189 sh. Bank of America Corp. 55,289 65,395
843 sh. TJX Cos. Inc. 6,542 129,493
1,452 sh. OReilly Automotive Inc. 26,865 132,437
484 sh. Home Depot Inc. 13,406 166,544
1,037 sh. Carmax Inc. 72,422 40,070
484 sh. Amazon.com Inc. 88,712 111,717
1,272 sh. Omnicom Group Inc. 72,178 102,714
290 sh. Meta Platforms Inc. 95,630 191,426
1,230 sh. The Walt Disney Co. 67,301 139,937
1,189 sh. Alphabet Inc. Capital Stock Class C 31,997 373,108
318 sh. Union Pacific Corp. 36,300 73,560
235 sh. Parker Hannifin Corp. 69,275 206,556
857 sh. GE Aerospace 57,546 263,982
387 sh. Vernova Inc. 41,077 252,932
2,267 sh. Fastenal Co. 23,252 90,975
539 sh. Expeditors International Washington Inc. 19,787 80,316
1,200 sh. U.S. Bancorp 0 0
227 sh. Wells Fargo & Co. 7,176 21,156
2,248 sh. Viatris Inc. 27,678 27,988
634 sh. U.S. Bancorp 25,991 33,830
33 sh. Unitedhealth Group Inc. 10,299 10,894
325 sh. Tyson Foods Inc. 18,651 19,052
18 sh. The Cigna Group 4,933 4,954
114 sh. Texas Instruments Inc. 9,942 19,778
265 sh. Teck Resources Class B 7,286 12,691
129 sh. Solventum Corp. 8,078 10,222
91 sh. Restaurant Brands International Inc. 5,530 6,209
31 sh. Quest Diagnostics Inc. 3,691 5,379
313 sh. Pinterest Inc. 9,687 8,104
73 sh. Owens Corning Inc. 6,415 8,169
17 sh. Microsoft Corp. 0 0
796 sh. MGM Resorts International 30,241 29,046
42 sh. Meta Platforms Inc. 5,657 27,724
7 sh. Markel Group Inc. 8,565 15,048
74 sh. IAC Inc. 4,418 2,893
66 sh. Humana Inc. 0 0
71 sh. Darling Ingredients Inc. 4,665 2,556
348 sh. CVS Health Corporation 18,068 27,617
607 sh. Coterra Enercoterra Energy Inc. 19,148 21,240
74 sh. ConocoPhillips 7,642 6,927
31 sh. Chubb 3,342 9,676
163 sh. Capital One Financial Corp. 12,984 39,505
55 sh. Berkshire Hathaway Inc. Class B 7,741 27,646
129 sh. Applied Materials Inc. 14,535 33,152
128 sh. Amazon.com Inc. 11,273 29,545
130 sh. Alphabet Inc. Voting Capital Stock Class A 8,289 40,690
56 sh. AGCO Corp. 5,983 5,842
59 sh. Franklin Templeton ETF Franklin India 2,235 2,277
496.570 sh. Nyli Pinestone International Equity R6 8,574 8,913
165.024 sh. Driehaus Emerging Markets Growth Fund #23 4,617 7,812
908.724 sh. DFA International Core Equity 2 Portfolio #5306 15,020 18,438
321.434 sh. Causeway International Value Instl. Fund #1271 6,468 7,554
77.142 sh. JP Morgan Undiscovered Managers Behavioral Value R6 Fund 6,236 6,054
232.244 sh. Oberweis Small Cap Opp. 5,218 6,956
142.857 sh. Victory Sycamore Established Value Fund #203 4,892 6,437
44.042 sh. Janus Henderson Enterprise Fund #102 4,398 6,355
147.561 sh. Vanguard 500 Index Adm. Fund #540 36,620 93,235
145.839 sh. Vanguard Growth Index Adm. Fund #509 19,375 36,626
615.552 sh. Putnam Large Cap Value R6 19,401 24,173
291.336 sh. Vanguard FTSE All-World Ex-US Index Fund #570 0 0
197 sh. 3I Group 2,216 2,145
13 sh. VAT Group 0 0
128 sh. Universal Music Group 1,406 1,669
47 sh. Unilever 2,656 3,074
20 sh. Tokyo Electron 0 0
19 sh. Thales 509 1,027
28 sh. Techtronic Industries 1,805 1,612
50 sh. Symrise 0 0
17 sh. Suzuki Motor Corp. 793 1,005
21 sh. Suncor Energy Inc. 0 0
49 sh. SSE 1,454 1,453
10 sh. Siemens 954 1,400
80 sh. Shin-Etsu Chemical 1,448 1,240
8 sh. SAP 0 0
82 sh. Sampo 1,453 1,983
119 sh. Ryanair Holdings 0 0
108 sh. Resona Holdings Inc. 1,668 2,044
118 sh. Renesas Electronics Corp. 0 0
66 sh. Relx 1,764 2,668
127 sh. Recruit Holdings Co. 1,040 1,429
186 sh. Puma 0 0
24 sh. Novo Nordisk 2,096 1,221
124 sh. Nordea Bank 1,514 2,347
37 sh. Nomura Resh. instl. 1,045 1,409
78 sh. Nitori Holdings Co. 1,047 679
45 sh. Nippon Sanso Holdings 676 666
90 sh. Nintendo 2,038 1,517
13 sh. MTU Aero Engines 1,533 2,710
225 sh. Mizuho Financial Group 950 1,647
53 sh. Mitzui Fudosan Co. 1,478 1,804
31 sh. Mitsubishi Electric Corp. 972 1,796
11 sh. Medtronic 1,025 1,057
46 sh. Lottomatica Group 1,206 1,218
60 sh. London Stock Exchange Group 1,848 1,834
4 sh. Linde 1,784 1,706
64 sh. Legrand 1,736 1,898
45 sh. KBC Groep 1,496 2,935
100 sh. KAO Corp. 0 0
21 sh. James Hardie Industries 0 0
14 sh. Intercontinental Hotels Group 1,676 1,972
92 sh. ING Groep 1,190 2,576
129 sh. Industria de Diseno 1,727 2,128
38 sh. IMI 1,193 1,270
12 sh. IMCD Group 926 543
6 sh. Icon 0 0
15 sh. Hoya Corporation 1,658 2,275
171 sh. Hexagon 1,753 2,008
23 sh. Halma 1,354 2,186
32 sh. GIldan Activewear Inc. 1,292 1,999
100 sh. Fanuc Corp. 1,430 1,947
48 sh. Experian 1,914 2,168
87 sh. Epiroc Aktiebolag 0 0
75 sh. Engie 1,616 1,970
17 sh. DSV 2,040 2,148
27 sh. Disco Corporation 708 822
144 sh. Diploma 1,614 2,548
12 sh. DBS Group Holdings 0 0
33 sh. Croda International 0 0
9 sh. CRH 693 1,123
108 sh. Continental 0 0
97 sh. Compass Group 2,318 3,103
98 sh. Compagnie Financiere Richemont 1,584 2,110
5 sh. Chubb 1,104 1,561
36 sh. Capgemini SE 1,480 1,199
32 sh. Bureau Veritas 1,926 2,038
130 sh. Bankinter 1,124 2,305
20 sh. Bank Hapoalim 1,800 2,360
278 sh. Banco Sanander Cent. Hispano 2,285 3,261
25 sh. Astrazeneca 1,970 2,298
6 sh. ASML Holding 4,289 6,419
1 sh. ASM International 0 0
69 sh. ASICS Corporation 0 0
8 sh. AON 1,407 2,823
73 sh. Anglo American 1,465 1,510
35 sh. Allianz 1,464 1,610
73 sh. Air Liquide 2,173 2,742
53 sh. AIA Group 1,966 2,175
20 sh. Adidas 2,349 1,977
51 sh. ABB 1,320 3,772
115.763 sh. Allspring Special Mid Cap Value Fund 6,166 5,279
120.926 sh. MFS International Equity Fund 4,380 4,907
79 sh. Ishares Core MSCI EMK ETF 4,356 5,310
130.520 sh. Harbor Capital Appreciation Fund Instl. Class 17,108 15,219
272.034 sh. Seafarer Overseas GR and Income Institutional Shares 3,354 4,042
299.698 sh. Fidelity 500 Index Fund Inst. Premium 52,464 71,244
26.706 sh. Fidelity Extended Market Index Fund 2,581 2,688
152.656 sh. Fidelity International Index Fund 7,043 9,281
879.181 sh. Dodge & Cox Stock Fund 15,113 14,586
309.900 sh. Dodge & Cox Intl. Stock Fund 4,210 5,101
81.528 sh. Conestoga Funds Small Cap Instl. 6,756 5,487
144.298 sh. Baillie Gifford Emerging Markets K 2,776 3,828
375 sh. Invesco ETF TR S&P 500 Quality ETF 0 0
432.948 sh. Brown Advisory Sustainable Growth Fund Inst. 0 0
70 sh. Maruwa Co. 853 755
101 sh. Marks & Spencer 941 890

TY 2025 InvestmentsGovtObligationsSch
Name:
BUSSING-KOCH FOUNDATION INC
EIN:
35-1780862
Software ID:
24020569
Software Version:
V2.0
US Government Securities - End of Year Book Value:

149,276
US Government Securities - End of Year Fair Market Value:

149,729
State & Local Government Securities - End of Year Book Value:


0
State & Local Government Securities - End of Year Fair Market Value:


0


TY 2025 OtherAssetsSchedule
Name:
BUSSING-KOCH FOUNDATION INC
EIN:
35-1780862
Software ID:
24020569
Software Version:
V2.0
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
Abbey Cap. Multi 2,042 2,042 1,964
Goldman Sachs 1,880 1,880 2,134
Blue Wave Capital & Consulting Inc. 112,500 112,500 337,500
Ishares S&P GI 2,889 3,440 3,988
Cohen & Steers 2,900 2,657 2,673


TY 2025 OtherDecreasesSchedule
Name:
BUSSING-KOCH FOUNDATION INC
EIN:
35-1780862
Software ID:
24020569
Software Version:
V2.0
Description Amount
Old National Wealth Management Account basis adjustment 160


TY 2025 OtherExpensesSchedule
Name:
BUSSING-KOCH FOUNDATION INC
EIN:
35-1780862
Software ID:
24020569
Software Version:
V2.0
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Indiana Philanthropic Alliance 500 500 0 500


TY 2025 OtherIncreasesSchedule
Name:
BUSSING-KOCH FOUNDATION INC
EIN:
35-1780862
Software ID:
24020569
Software Version:
V2.0
Description Amount
cash in lieu 7
basis adjustment Wells Fargo Account B 112


TY 2025 OtherNotesLoansRcvblShortSch2
Name:
BUSSING-KOCH FOUNDATION INC
EIN:
35-1780862
Software ID:
24020569
Software Version:
V2.0
Name of 501(c)(3) Organization Balance Due
Impact Evansville Inc
  		45,153
Lincoln Boyhood Drama Assn
  		255,000


TY 2025 OtherProfessionalFeesSchedule
Name:
BUSSING-KOCH FOUNDATION INC
EIN:
35-1780862
Software ID:
24020569
Software Version:
V2.0
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Wells Fargo Special Account C agents' fees 207 207 0 207
Wells Fargo Special Account B agency fees 2,745 2,745 0 2,745
Wells Fargo Special Account C agency fees 2,733 2,733 0 2,733
Wells Fargo Special Account G agency fees 10,937 10,937 0 10,937
Morgan Stanley fees 300 300 0 300
Fifth Third Bank agency fees 2,608 2,608 0 2,608
Old National Trust Co. agency fees 2,989 2,989 0 2,989
Baird Trust Company agency fees 38,723 38,723 0 38,723


TY 2025 TaxesSchedule
Name:
BUSSING-KOCH FOUNDATION INC
EIN:
35-1780862
Software ID:
24020569
Software Version:
V2.0
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Excise tax on 2024 net investment income 3,721 0 0 0
Wells Fargo Special Account C foreign taxes 417 417 0 417
Wells Fargo Special Account G foreign taxes 40 40 0 40
Baird Trust Company foreign taxes 517 517 0 517