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 KLAPPER FAMILY FOUNDATION INC
C/O DAVID I KLAPPER
Number and street (or P.O. box number if mail is not delivered to street address) 1152 PINEHURST DR
  Room/suite
City or town
CHAPEL HILL
State or province
NC
Country  
ZIP or foreign postal code
27517
A Employer identification number

35-1999306
B Telephone number (see instructions)

3178447324
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)$21,388,745J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 2,573,283
2 Check .................
3 Interest on savings and temporary cash investments 170,313 170,313  
4 Dividends and interest from securities... 341,074 341,074  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,142,199
b Gross sales price for all assets on line 6a 5,376,933
7 Capital gain net income (from Part IV, line 2)... 2,142,199
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........ 5,226,869 2,653,586  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
61,868 30,934   30,934
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
20,265 10,780   9,485
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
1,566 28   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 83,699 41,742   40,419
25 Contributions, gifts, grants paid....... 807,928 807,928
26 Total expenses and disbursements. Add lines 24 and 25 ................ 891,627 41,742   848,347
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 4,335,242
b Net investment income (if negative, enter -0-) 2,611,844
c Adjusted net income (if negative, enter -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............. 3,770,074 3,900,924 3,900,924
2 Savings and temporary cash investments.........      
3 Accounts receivable  
Less: allowance for doubtful accounts        
4 Pledges receivable  
Less: allowance for doubtful accounts        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule)  
Less: allowance for doubtful accounts        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 500,000 Click to see attachment
List of Attached Documents:
// Content
3,943,731 		3,974,280
b Investments—corporate stock (attach schedule)....... 6,064,484 Click to see attachment
List of Attached Documents:
// Content
6,192,174 		11,713,310
c Investments—corporate bonds (attach schedule)....... 999,890 Click to see attachment
List of Attached Documents:
// Content
1,505,121 		1,520,210
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 464,172 Click to see attachment
List of Attached Documents:
// Content
571,567 		280,021
14 Land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
15 Other assets (describe )      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 11,798,620 16,113,517 21,388,745
Liabilities 17 Accounts payable and accrued expenses.......... 32,000  
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)......... 32,000 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........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 11,766,620 16,113,517
29 Total net assets or fund balances (see instructions)..... 11,766,620 16,113,517
30 Total liabilities and net assets/fund balances (see instructions). 11,798,620 16,113,517
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
11,766,620
2
Enter amount from Part I, line 27a .....................
2
4,335,242
3
Other increases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
3
11,655
4
Add lines 1, 2, and 3 ..........................
4
16,113,517
5
Decreases not included in line 2 (itemize)
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
16,113,517
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 MERRILL LYNCH - 3494 P 2025-07-29 2025-09-30
b MERRILL LYNCH - 4088 P 2025-02-18 2025-04-30
c MERRILL LYNCH - 4088 P 2025-07-31 2025-12-31
d MERRILL LYNCH - 4088 P 2025-07-31 2025-12-31
e MERRILL LYNCH - 4088 P 2024-03-22 2025-09-29
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 285   267 18
b 557,052   510,050 47,002
c 2,069,380   1,795,224 274,156
d 2,244,735   429,193 1,815,542
e 500,000   500,000 0
5,481     5,481
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       18
b       47,002
c       274,156
d       1,815,542
e       0
      5,481
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 2,142,199
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ......................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 36,305
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 36,305
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 36,305
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 15,440
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 15,440
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 20,865
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 tax   Refunded 11  
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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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 addressN/A
14
The books are in care ofDAVID I KLAPPER Telephone no. (317) 844-7324

Located at8730 WILLIAMSHIRE EAST DRIVEINDIANAPOLISIN ZIP+446260
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........
and enter the amount of tax-exempt interest received or accrued during the year ........
15
 
16 At any time during calendar year 2025, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country
Form 990-PF (2025)
Form 990-PF (2025)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2025? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2025, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2025?....................
2a
 
No
If "Yes," list the years 20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2025 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Form 4720, Schedule C, to determine
if the foundation had excess business holdings in 2025.).....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2025? ..
4b
 
No
Form 990-PF (2025)
Form 990-PF (2025)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
DAVID I KLAPPER PRESIDENT
1.00 		0 0 0
16449 CARRARA WAY UNIT 201
NAPLES,FL34110
JACOB KLAPPER VICE PRESIDENT
1.00 		0 0 0
1152 PINEHURST DR
CHAPEL HILL,NC27517
STEPHEN KLAPPER TREASURER
1.00 		0 0 0
10584 COPPERGATE DR
CARMEL,IN46032
MATTHEW KLAPPER BOARD MEMBER
1.00 		0 0 0
1514 30TH ST NW
WASHINGTON,DC200073031
MICHAEL AULT BOARD MEMBER
1.00 		0 0 0
4824 CARROLLTON AVENUE
INDIANAPOLIS,IN46205
ANNIE KLAPPER FOUNDATION MANAGER
1.00 		0 0 0
1152 PINEHURST DR
CHAPEL HILL,NC27517
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000................... 0
Form 990-PF (2025)
Form 990-PF (2025)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................0
Form 990-PF (2025)
Form 990-PF (2025)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
13,930,613
b
Average of monthly cash balances.......................
1b
4,010,164
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
17,940,777
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
17,940,777
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
269,112
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
17,671,665
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
883,583
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
883,583
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
36,305
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
36,305
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
847,278
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
847,278
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
847,278
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, line 26, column (d) ..........
1a
848,347
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
848,347
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 7 847,278
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 812,928
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2025:
a From 2020......  
b From 2021......  
c From 2022......  
d From 2023......  
e From 2024......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2025 from Part
XI, line 4: $ 848,347
a Applied to 2024, but not more than line 2a 812,928
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..... 35,419
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2025. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2024. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2025. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2026 .......... 		811,859
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2020 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2021 ....  
b Excess from 2022 ....  
c Excess from 2023 ....  
d Excess from 2024 ....  
e Excess from 2025 ....  
Form 990-PF (2025)
Form 990-PF (2025)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2025, enter the date of the ruling ......
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2025 (b) 2024 (c) 2023 (d) 2022
         
b 85% (0.85) of line 2a .......          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, 3b, or 3c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
DAVID I KLAPPER
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, 2b, 2c, and 2d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
DAVID I KLAPPER
8730 WILLIAMSHIRE EAST DR
INDIANAPOLIS,IN46260
(317) 844-7324
bThe form in which applications should be submitted and information and materials they should include:
PROOF OF NOT-FOR-PROFIT STATUS SHOULD BE INCLUDED WITH APPLICATION.
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
ORGANIZATION MUST OPERATE AS "QUALIFIED" CHARITABLE ORGANIZATIONS DEFINED BY SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.
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

ALZHEIMER ASSOCIATION

50 E 91ST ST 100
INDIANAPOLIS,IN46240 		NONE   GENERAL FUND 25,000

CONGREGATION BETH-EL ZEDECK

600 W 70TH STREET
INDIANAPOLIS,IN46260 		NONE   GENERAL FUND 5,840

BIRTHRIGHT ISRAEL FOUNDATOIN

711 3RD AVE 10TH FLOOR
NEW YORK,NY10017 		NONE   GENERAL FUND 2,500

FAMILIES MOVING FORWARD

300 N QUEEN ST
DURHAM,NC27701 		NONE   GENERAL FUND 75,000

GLEANERS FOOD BANK OF INDIANAPOLIS

3737 WALDAMERE AVE
INDIANAPOLIS,IN46241 		NONE   GENERAL FUND 20,000

HEARTLAND FILM

1043 VIRGINIA AVENUE STE 2
INDIANAPOLIS,IN46203 		NONE   GENERAL FUND 130,000

INDIANA HEBREW CONGREGATION

6501 N MERIDIAN ST
INDIANAPOLIS,IN46260 		NONE   GENERAL FUND 5,040

INDIANAPOLIS NEIGHBORHOOD HOUSING PARTNERSHIP

3550 N WASHINGTON BLVD
INDIANAPOLIS,IN46205 		NONE   GENERAL FUND 5,000

INDIANAPOLIS ZOO

1200 W WASHINGTON ST
INDIANAPOLIS,IN46220 		NONE   GENERAL FUND 20,000

JEWISH FOR GOOD

1937 W CORNWALLIS RD
DURHAM,NC27705 		NONE   GENERAL FUND 68,000

JOY'S HOUSE

2028 BROAD RIPPLE AVE
INDIANAPOLIS,IN46220 		NONE   GENERAL FUND 25,000

TROSA COMMERCIAL INC

1820 JAMES STREET
DURHAM,NC27707 		NONE   GENERAL FUND 35,000

WFYI

1630 NORTH MERIDIAN ST
INDIANAPOLIS,IN46202 		NONE   GENERAL FUND 5,668

TRIANGLE DAY SCHOOL

4911 NEAL ROAD
DURHAM,NC27705 		NONE   GENERAL FUND 50,000

THE LEUKEMIA & LYMPHOMA SOCIETY RESEARCH PROGRAMS INC

3 INTERNATIONAL DRIVE SUITE 200
RYE BROOK,NY10573 		NONE   GENERAL FUND 5,000

JEWISH WELFARE FUND

3150 E AVE NW
CEDAR RAPIDS,IA52404 		NONE   GENERAL FUND 10,000

INDIANA UNIVERSITY FOUNDATION

PO BOX 500
BLOOMINGTON,IN47402 		NONE   GENERAL FUND 225,280

FOOD BANK OF CENTRAL & EASTERN NC INC

1924 CAPITAL BOULEVARD
RALEIGH,NC276042147 		NONE   GENERAL FUND 20,000

HILLEL FOUNDATION AT INDIANA UNIVERSITY INC

730 EAST THIRD STREET
BLOOMINGTON,IN474013565 		NONE   GENERAL FUND 3,600

TEACHERS' TREASURES INC

1800 EAST TENTH STREET
INDIANAPOLIS,IN462011906 		NONE   GENERAL FUND 25,000

VILLAGE OF MERICI INC

5707 LAWTON LOOP EAST DRIVE OFC22
INDIANAPOLIS,IN462162302 		NONE   GENERAL FUND 27,000

CAPITAL AREA FOOD BANK INC

4900 PUERTO RICO AVENUE NE
WASHINGTON,DC20017 		NONE   GENERAL FUND 20,000
Total ................................. 3a 807,928
bApproved for future payment
Total ................................. 3b 0
Form 990-PF (2025)
Form 990-PF (2025)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 170,313  
4 Dividends and interest from securities ....     14 341,074  
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 2,142,199  
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 2,653,586 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,653,586
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2025)
Form 990-PF (2025)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.
Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
THE KLAPPER FAMILY FOUNDATION INC
C/O DAVID I KLAPPER
Employer identification number

35-1999306
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 2025) Page 2
Name of organization
THE KLAPPER FAMILY FOUNDATION INC
C/O DAVID I KLAPPER 		Employer identification number
35-1999306
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 KLAPPER
8730 WILLIAMSHIRE EAST DR
 
INDIANAPOLIS, IN46260

$ 723,643


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
DAVID KLAPPER
8730 WILLIAMSHIRE EAST DR
 
INDIANAPOLIS, IN46260

$ 576,920


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
3
DAVID KLAPPER
8730 WILLIAMSHIRE EAST DR
 
INDIANAPOLIS, IN46260

$ 650,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
4
DAVID KLAPPER
8730 WILLIAMSHIRE EAST DR
 
INDIANAPOLIS, IN46260

$ 622,720


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
THE KLAPPER FAMILY FOUNDATION INC
C/O DAVID I KLAPPER 		Employer identification number

35-1999306
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
1
 5,633 SHARES OF PROLOGIS INC $ 723,643 2025-12-30
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 3,200 SHARES OF RTX CORP $ 576,920 2025-12-30
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
4
 56,000 SHARES OF VODAPHONE $ 622,720 2025-07-21
(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)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
THE KLAPPER FAMILY FOUNDATION INC
C/O DAVID I KLAPPER 		Employer identification number

35-1999306
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.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2025 AccountingFeesSchedule
Name:
THE KLAPPER FAMILY FOUNDATION INC
 
C/O DAVID I KLAPPER
EIN:
35-1999306
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL AND ACCOUNTING FEES 61,868 30,934   30,934

TY 2025 InvestmentsCorpBondsSchedule
Name:
THE KLAPPER FAMILY FOUNDATION INC
 
C/O DAVID I KLAPPER
EIN:
35-1999306
Name of Bond End of Year Book Value End of Year Fair Market Value
ELI LILLY & CO 499,890 500,025
GENERAL MOTORS FINL CO 500,000 501,570
AMGEN INC 505,231 518,615

TY 2025 InvestmentsCorpStockSchedule
Name:
THE KLAPPER FAMILY FOUNDATION INC
 
C/O DAVID I KLAPPER
EIN:
35-1999306
Name of Stock End of Year Book Value End of Year Fair Market Value
ABBVIE INC SHS CURRENT YIELD 4.85% 91,950 571,225
BAXTER INTERNTL INC 53,267 38,220
BLACKSTONE INC 431,570 770,700
BOEING COMPANY 403,455 434,240
BRISTOL-MYERS SQUIBB CO 568,150 539,400
BXP INC 193,467 202,440
CATERPILLAR INC DEL 94,515 286,435
CORTEVA INC REG SHS 1,654 8,379
CORTEVA INC REG SHS 6,538 26,678
CORTEVA INC REG SHS 7,773 26,678
CORTEVA INC REG SHS 8,188 38,810
CORTEVA INC REG SHS 811 4,588
DOW INC REG 76,288 29,225
DOW INC REG 50,625 23,380
DOW INC REG 658 304
EDWARDS LIFESCIENCES CRP 215,475 213,125
ELI LILLY & CO 17,266 537,340
HONEYWELL INTL INC DEL 69,296 390,180
INTL FLAVORS & FRAGRNC 63,640 33,695
INTL FLAVORS & FRAGRNC 64,015 33,695
INTL FLAVORS & FRAGRNC 45,865 33,695
JOHNSON AND JOHNSON COM 122,940 413,900
JOHNSON AND JOHNSON COM 122,780 206,950
KEYCORP NEW COM 34,398 53,664
KEYCORP NEW COM 22,442 28,896
KEYCORP NEW COM 87,180 123,840
KEYCORP NEW COM 174,055 103,200
KIMBERLY CLARK 167,446 252,225
MERCK AND CO INC SHS 69,626 210,520
MICROSOFT CORP 124,787 2,176,290
MONDELEZ INTERNATIONAL IINC 92,966 269,150
PFIZER INC 98,076 99,600
PFIZER INC 31,148 49,800
PROLOGIS INC 256,325 319,150
UNILEVER PLC NEW 38,556 58,133
UNILEVER PLC NEW 39,233 58,082
VERIZON COMMUNICATNS COM 85,183 33,887
VERIZON COMMUNICATNS COM 111,460 81,460
VODAFONE GROUP PLC SHS 49,688 33,025
VODAFONE GROUP PLC SHS 83,900 66,050
VODAFONE GROUP PLC SHS 12,854 5,125
WELLS FARGO & CO 204,120 372,800
CALUMET INC 155,900 99,350
INTL FLAVORS & FRAGRNC 158,825 168,475
INTL BUSINESS MACHINES 237,961 296,210
MAGNUM (THE) ICE CREAM 2,161 3,168
MAGNUM (THE) ICE CREAM 2,124 3,170
MAGNUM (THE) ICE CREAM 0 2
PFIZER INC 250,200 249,000
PROLOGIS INC 160,484 303,129
PROLOGIS INC 59,713 112,788
PROLOGIS INC 192,018 303,193
RTX CORP 30,425 136,450
RTX CORP 30,425 136,450
RTX CORP 89,365 245,756
RTX CORP 24,807 68,225
SOLSTICE ADVANCED 4,337 24,290
VERIZON COMMUNICATNS COM 196,350 203,650
VERIZON COMMUNICATNS COM 103,450 101,825

TY 2025 InvestmentsGovtObligationsSch
Name:
THE KLAPPER FAMILY FOUNDATION INC
 
C/O DAVID I KLAPPER
EIN:
35-1999306
US Government Securities - End of Year Book Value:

3,943,731
US Government Securities - End of Year Fair Market Value:

3,974,280
State & Local Government Securities - End of Year Book Value:


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


0


TY 2025 InvestmentsOtherSchedule2
Name:
THE KLAPPER FAMILY FOUNDATION INC
 
C/O DAVID I KLAPPER
EIN:
35-1999306
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
INTL FLAVORS & FRAGRNC AT COST 77,730 67,390
PIMCO COMMODITY REAL AT COST 394,296 107,533
BLACKROCK LIQUIDITY FUND AT COST 521 521
INVESCO PREFERRED ETF AT COST 506 506
ISHARES 20+ YEAR AT COST 2,520 2,528
ISHARES TIPS AT COST 550 550
ISHARES MBS ETF AT COST 2,053 2,095
ISHARES TR CORE MSCI EAF AT COST 13,887 14,940
VANECK FALLEN ANGEL AT COST 497 499
VANGUARD SMALL CAP VALUE AT COST 4,046 4,236
SCHWAB SHORT-TERM U.S. AT COST 1,045 1,048
ISHARES INC CORE MSCI AT COST 6,798 7,461
VANGUARD SMALL CAP AT COST 4,010 4,230
VANGUARD VALUE ETF AT COST 28,066 29,794
VANGUARD GROWTH ETF AT COST 22,810 24,393
VANGUARD INTERM-TERM AT COST 2,020 2,038
VANGUARD SHORT-TERM AT COST 4,603 4,624
VANGUARD INTERMEDIATE AT COST 4,057 4,104
VANGUARD TOTAL INTERNATIONAL AT COST 1,036 1,015
XTRACKERS USD HIGH YIELD AT COST 516 516

TY 2025 OtherIncreasesSchedule
Name:
THE KLAPPER FAMILY FOUNDATION INC
 
C/O DAVID I KLAPPER
EIN:
35-1999306
Description Amount
NON-DIVIDEND DISTRIBUTIONS 11,655


TY 2025 OtherProfessionalFeesSchedule
Name:
THE KLAPPER FAMILY FOUNDATION INC
 
C/O DAVID I KLAPPER
EIN:
35-1999306
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEES 1,295 1,295   0
ADMIN FEES 18,970 9,485   9,485


TY 2025 TaxesSchedule
Name:
THE KLAPPER FAMILY FOUNDATION INC
 
C/O DAVID I KLAPPER
EIN:
35-1999306
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL 990 PF 1,538 0   0
FOREIGN TAX 28 28   0