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
MORTIMER R PROCTOR FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address) PO BOX 1504
  Room/suite
City or town
BUFFALO
State or province
NY
Country  
ZIP or foreign postal code
14240
A Employer identification number

03-6020099
B Telephone number (see instructions)

2393975002
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)$4,349,670J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check .................
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 116,106 116,106  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 99,772
b Gross sales price for all assets on line 6a 657,954
7 Capital gain net income (from Part IV, line 2)... 99,772
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... 30 30  
12 Total. Add lines 1 through 11........ 215,908 215,908  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 31,697 28,527   3,170
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
900 0 0 900
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
5,005 1,310   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
3,156     3,156
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 40,758 29,837 0 7,226
25 Contributions, gifts, grants paid....... 135,025 135,025
26 Total expenses and disbursements. Add lines 24 and 25 ................ 175,783 29,837 0 142,251
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 40,125
b Net investment income (if negative, enter -0-) 186,071
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.............      
2 Savings and temporary cash investments......... 183,204 163,079 163,079
3 Accounts receivable  
Less: allowance for doubtful accounts     0 0
4 Pledges receivable  
Less: allowance for doubtful accounts        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule)  
Less: allowance for doubtful accounts 0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 882,801 Click to see attachment
List of Attached Documents:
// Content
1,049,461 		1,047,832
b Investments—corporate stock (attach schedule)....... 1,761,060 Click to see attachment
List of Attached Documents:
// Content
1,665,081 		2,268,794
c Investments—corporate bonds (attach schedule)....... 851,968 Click to see attachment
List of Attached Documents:
// Content
843,258 		869,965
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........     0
14 Land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
15 Other assets (describe )      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,679,033 3,720,879 4,349,670
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe )    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 3,679,033 3,720,879
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 3,679,033 3,720,879
30 Total liabilities and net assets/fund balances (see instructions). 3,679,033 3,720,879
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
3,679,033
2
Enter amount from Part I, line 27a .....................
2
40,125
3
Other increases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
3
4,155
4
Add lines 1, 2, and 3 ..........................
4
3,723,313
5
Decreases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
5
2,434
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
3,720,879
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 . CLASS ACTION SETTLEMENT PROCEEDS     2025-10-27
b 19. ABBOTT LABS COM   2023-10-09 2025-07-28
c 4. ABBOTT LABS COM   2023-10-09 2025-10-23
d 14. ABBVIE INC   2020-05-20 2025-07-28
e 3. ABBVIE INC   2020-05-20 2025-10-23
4. ADOBE SYS INC COM   2020-03-06 2025-07-28
1. ADOBE SYS INC COM   2020-03-06 2025-10-23
332.668 PZENA EMERG MKTS VALUE FD CL I   2024-02-28 2025-10-15
5. AIR PRODUCTS & CHEMICALS INC   2023-07-14 2025-07-28
1. AIR PRODUCTS & CHEMICALS INC   2023-07-14 2025-10-23
40. ALPHABET INC CL C   2023-07-14 2025-07-28
12. ALPHABET INC CL C   2023-07-14 2025-10-23
27. AMAZON COM INC COM   2023-07-14 2025-07-28
9. AMAZON COM INC COM   2023-07-14 2025-10-23
8216.215 AMERICAN BEACON SIM H/Y-INS   2023-06-29 2025-07-07
14. AMERN ELEC PWR CO INC COM   2023-07-14 2025-07-28
6. AMERN ELEC PWR CO INC COM   2023-07-14 2025-10-23
15000. AMERICAN EXPRESS VAR-CPN 10/30/26   2024-12-17 2025-10-30
9. AMERICAN TOWER CORP CL A   2023-07-14 2025-07-28
3. AMERICAN TOWER CORP CL A   2023-07-14 2025-10-23
15. ANALOG DEVICES INC COM     2025-07-28
2. ANALOG DEVICES INC COM   2022-02-10 2025-10-23
50. APPLE COMPUTER INC COM   2023-07-14 2025-07-28
15. APPLE COMPUTER INC COM   2023-07-14 2025-10-23
13. AVALONBAY COMMUNITIES INCORPORATED   2023-07-14 2025-07-28
2. AVALONBAY COMMUNITIES INCORPORATED   2023-07-14 2025-10-23
57. AVALONBAY COMMUNITIES INCORPORATED     2025-11-04
466.563 BAILLIE GIFFORD EMERG MKTS CL K   2024-03-06 2025-10-15
109. BANK AMER CORP COM   2023-07-14 2025-07-28
33. BANK AMER CORP COM   2023-07-14 2025-10-23
3. BLACKROCK INC   2023-07-14 2025-07-28
1. BLACKROCK INC   2023-07-14 2025-10-23
1. BOOKING HOLDINGS INC   2023-07-14 2025-07-28
27. BROADCOM INC   2023-07-14 2025-07-28
6. BROADCOM INC   2023-07-14 2025-10-23
22. CMS ENERGY CORP COM   2023-07-14 2025-07-28
8. CMS ENERGY CORP COM   2023-07-14 2025-10-23
18. CHEVRONTEXACO CORP   2023-07-14 2025-07-28
5. CHEVRONTEXACO CORP   2023-07-14 2025-10-23
26. CISCO SYS INC COM   2022-02-10 2025-07-28
9. CISCO SYS INC COM   2022-02-10 2025-10-23
10000. CISCO SYSTEMS 4.950% 2/26/31   2024-02-21 2025-02-21
5. COSTCO WHOLESALE CORP COM   2023-07-14 2025-07-28
2. COSTCO WHOLESALE CORP COM   2023-07-14 2025-10-23
14. DANAHER CORP COM   2023-07-14 2025-07-28
4. DANAHER CORP COM   2023-07-14 2025-10-23
6. DEERE & CO COM   2023-09-14 2025-07-28
3. DEERE & CO COM   2023-09-14 2025-10-23
29. WALT DISNEY CO COM   2023-12-14 2025-07-28
10. WALT DISNEY CO COM   2023-12-14 2025-10-23
15000. DOMINION RESOURCES 3.900% 10/01/25   2023-07-26 2025-01-03
24. EOG RESOURCES INC COM   2023-07-14 2025-07-28
6. EOG RESOURCES INC COM   2023-07-14 2025-10-23
15000. ENTERPRISE PRODU 4.600% 1/11/27   2024-01-02 2025-11-12
8. META PLATFORMS INC-A   2023-07-14 2025-07-28
2. META PLATFORMS INC-A   2024-08-29 2025-10-23
22.792 HARBOR LG-CAP VALUE FD CL RET   2024-12-20 2025-03-12
345.946 HARBOR LG-CAP VALUE FD CL RET     2025-03-12
8. HOME DEPOT INC COM   2023-07-14 2025-07-28
2. HOME DEPOT INC COM   2023-07-14 2025-10-23
10000. HOME DEPOT INC 4.875% 6/25/27   2024-06-17 2025-09-04
390. ISHARES CORE MSCI EAFE ETF   2022-08-05 2025-03-12
29. J P MORGAN CHASE & CO COM   2023-07-14 2025-07-28
7. J P MORGAN CHASE & CO COM   2023-07-14 2025-10-23
.6729 JPMORGAN MORTGAGE-BACKED SECS ETF   2024-03-06 2025-07-09
6. ELI LILLY & CO COM   2024-04-03 2025-07-28
1. ELI LILLY & CO COM   2024-10-03 2025-10-23
3. LOCKHEED MARTIN CORPORATION COM   2023-07-14 2025-07-28
1. LOCKHEED MARTIN CORPORATION COM   2023-07-14 2025-10-23
8. MASTERCARD INC CL A   2023-07-14 2025-07-28
3. MASTERCARD INC CL A   2023-07-14 2025-10-23
5000. MCCORMICK & CO INC 0.900% 2/15/26   2023-07-26 2025-10-27
10000. MCCORMICK & CO INC 0.900% 2/15/26   2023-07-26 2025-11-25
5. MCDONALD'S CORP COM   2023-07-14 2025-07-28
1. MCDONALD'S CORP COM   2023-07-14 2025-10-23
107. MERCK & CO INC     2025-04-23
18. MICROSOFT CORP COM   2023-07-14 2025-07-28
9. MICROSOFT CORP COM   2023-07-14 2025-10-23
21. MORGAN ST DEAN WITTER DISCOV   2023-12-14 2025-07-28
4. MORGAN ST DEAN WITTER DISCOV   2023-12-14 2025-10-23
50000. MORGAN STAN MTN V-D 3.622% 4/01/31   2020-08-31 2025-09-02
97. NVIDIA CORP COM   2023-07-14 2025-07-28
16. NVIDIA CORP COM   2024-08-29 2025-10-23
12. ORACLE CORPORATION COM   2023-07-14 2025-07-28
3. ORACLE CORPORATION COM   2023-07-14 2025-10-23
8. PEPSICO INC COM   2023-07-14 2025-07-28
2. PEPSICO INC COM   2023-07-14 2025-10-23
9. PROCTER & GAMBLE CO COM   2024-08-02 2025-07-28
3. PROCTER & GAMBLE CO COM   2024-08-02 2025-10-23
6. SHERWIN WILLIAMS CO COM   2023-07-14 2025-07-28
2. SHERWIN WILLIAMS CO COM   2023-07-14 2025-10-23
15000. SIMON PROPERTY GROUP 3.300% 1/15/26   2023-07-26 2025-09-29
16. TARGET CORP COM   2023-07-14 2025-07-28
3. TARGET CORP COM   2023-07-14 2025-10-23
14. TESLA INC.   2023-07-14 2025-07-28
5000. TOYOTA MTR CRED MTN 4.600% 1/08/27   2025-01-06 2025-06-06
10000. TOYOTA MTR CRED MTN 4.600% 1/08/27   2025-01-06 2025-08-12
21. UBER TECHNOLOGIES INC   2025-02-04 2025-07-28
9. UBER TECHNOLOGIES INC   2025-02-04 2025-10-23
8. UNION PAC CORP COM COM   2023-07-14 2025-07-28
1. UNION PAC CORP COM COM   2023-07-14 2025-10-23
66. UNITED PARCEL SERVICE CL B   2023-07-14 2025-02-04
10000. U.S. TREASURY NOTES 2.625% 1/31/26   2023-07-26 2025-07-30
5000. U.S. TREASURY NOTES 2.625% 1/31/26   2023-07-26 2025-08-12
5000. U.S. TREASURY NOTES 2.625% 1/31/26   2023-07-26 2025-12-02
10000. U.S. TREASURY NOTES 1.625% 2/15/26   2023-07-26 2025-10-03
5000. U.S. TREASURY NOTES 1.625% 2/15/26   2023-07-26 2025-12-02
10000. U.S. TREASURY NOTES 1.625% 2/15/26   2023-07-26 2025-12-05
5000. U.S. TREASURY NOTES 0.250% 10/31/25   2023-07-26 2025-03-27
15000. U.S. TREASURY NOTES 0.250% 10/31/25   2023-07-26 2025-06-02
10000. U.S. TREASURY NOTES 3.125% 8/15/25   2023-07-26 2025-01-31
5000. U.S. TREASURY NOTES 3.125% 8/15/25   2023-07-26 2025-03-27
6. UNITEDHEALTH GROUP INC COM   2024-10-03 2025-07-28
1. UNITEDHEALTH GROUP INC COM   2024-10-03 2025-10-23
10000. UNITEDHEALTH GRP INC 4.750% 7/15/26   2024-07-23 2025-03-21
418.994 WILMINGTON REAL ASSET FUND-I   2023-06-29 2025-03-12
6. ACCENTURE PLC- CL A   2023-07-14 2025-07-28
1. ACCENTURE PLC- CL A   2023-07-14 2025-10-23
29. JOHNSON CONTROLS INTERNATIONAL PLC   2023-07-14 2025-07-28
7. JOHNSON CONTROLS INTERNATIONAL PLC   2023-07-14 2025-10-23
19. NVENT ELECTRIC PLC   2024-05-24 2025-07-28
6. NVENT ELECTRIC PLC   2024-05-24 2025-10-23
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(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 29     29
b 2,393   1,829 564
c 509   385 124
d 2,643   1,273 1,370
e 683   273 410
1,480   1,345 135
351   336 15
5,000   4,025 975
1,475   1,492 -17
253   298 -45
7,713   5,024 2,689
3,055   1,507 1,548
6,286   3,666 2,620
1,984   1,222 762
76,000   70,814 5,186
1,512   1,219 293
695   522 173
15,000   15,059 -59
2,017   1,763 254
564   588 -24
3,457   2,577 880
482   332 150
10,660   9,516 1,144
3,870   2,855 1,015
2,595   2,556 39
378   393 -15
9,929   11,077 -1,148
12,000   8,944 3,056
5,248   3,202 2,046
1,697   970 727
3,347   2,182 1,165
1,125   727 398
5,642   2,844 2,798
7,934   2,414 5,520
2,070   536 1,534
1,575   1,316 259
597   478 119
2,808   2,783 25
787   773 14
1,759   1,440 319
638   499 139
10,097   9,980 117
4,661   2,723 1,938
1,877   1,089 788
2,849   2,974 -125
889   850 39
3,066   2,459 607
1,391   1,229 162
3,490   2,743 747
1,135   946 189
14,906   14,529 377
2,914   2,859 55
651   715 -64
15,099   14,985 114
5,714   2,509 3,205
1,480   1,044 436
485   490 -5
7,362   7,204 158
3,020   2,524 496
770   631 139
10,173   9,967 206
29,810   23,923 5,887
8,627   4,343 4,284
2,067   1,048 1,019
33   33  
4,847   4,692 155
817   887 -70
1,267   1,396 -129
493   465 28
4,537   3,219 1,318
1,718   1,207 511
4,949   4,475 474
9,924   8,950 974
1,492   1,476 16
309   295 14
8,448   8,624 -176
9,192   6,280 2,912
4,692   3,140 1,552
2,987   1,915 1,072
635   365 270
48,273   54,195 -5,922
17,052   4,596 12,456
2,902   1,933 969
2,960   1,429 1,531
832   357 475
1,133   1,500 -367
304   375 -71
1,409   1,498 -89
452   499 -47
2,012   1,592 420
665   531 134
14,962   14,324 638
1,703   2,095 -392
282   393 -111
4,592   3,937 655
5,020   4,997 23
10,072   9,995 77
1,901   1,460 441
843   626 217
1,826   1,682 144
225   210 15
7,323   12,177 -4,854
9,917   9,518 399
4,964   4,759 205
4,990   4,759 231
9,917   9,272 645
4,979   4,636 343
9,958   9,272 686
4,885   4,520 365
14,753   13,560 1,193
9,939   9,657 282
4,978   4,829 149
1,680   3,534 -1,854
357   589 -232
10,053   9,983 70
6,000   5,476 524
1,656   1,897 -241
247   316 -69
3,235   1,985 1,250
766   479 287
1,496   1,624 -128
595   513 82
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
      28,733
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       29
b       564
c       124
d       1,370
e       410
      135
      15
      975
      -17
      -45
      2,689
      1,548
      2,620
      762
      5,186
      293
      173
      -59
      254
      -24
      880
      150
      1,144
      1,015
      39
      -15
      -1,148
      3,056
      2,046
      727
      1,165
      398
      2,798
      5,520
      1,534
      259
      119
      25
      14
      319
      139
      117
      1,938
      788
      -125
      39
      607
      162
      747
      189
      377
      55
      -64
      114
      3,205
      436
      -5
      158
      496
      139
      206
      5,887
      4,284
      1,019
       
      155
      -70
      -129
      28
      1,318
      511
      474
      974
      16
      14
      -176
      2,912
      1,552
      1,072
      270
      -5,922
      12,456
      969
      1,531
      475
      -367
      -71
      -89
      -47
      420
      134
      638
      -392
      -111
      655
      23
      77
      441
      217
      144
      15
      -4,854
      399
      205
      231
      645
      343
      686
      365
      1,193
      282
      149
      -1,854
      -232
      70
      524
      -241
      -69
      1,250
      287
      -128
      82
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 99,772
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ......................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 2,586
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 2,586
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 2,586
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 1,780
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,780
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....... 9 806
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10  
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax0 Refunded 11 0
For Refunded amount, also complete and attach Form 8050. See instructions.
Form 990-PF (2025)
Form 990-PF (2025)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. $   (2) On foundation managers.$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
VT
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2025 or the taxable year beginning in 2025? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website address  
14
The books are in care ofM&T TRUST CO Telephone no. (239) 397-5002

Located atPO BOX 1504BUFFALONY ZIP+414240
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........
and enter the amount of tax-exempt interest received or accrued during the year ........
15
 
16 At any time during calendar year 2025, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country
Form 990-PF (2025)
Form 990-PF (2025)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2025? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2025, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2025?....................
2a
 
No
If "Yes," list the years 20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2025 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Form 4720, Schedule C, to determine
if the foundation had excess business holdings in 2025.).....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2025? ..
4b
 
No
Form 990-PF (2025)
Form 990-PF (2025)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
M&T TRUST CO TRUSTEE
1 		31,697    
PO BOX 1504
BUFFALO,NY14240
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000................... 0
Form 990-PF (2025)
Form 990-PF (2025)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................  
Form 990-PF (2025)
Form 990-PF (2025)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
4,033,691
b
Average of monthly cash balances.......................
1b
125,275
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
4,158,966
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
4,158,966
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
62,384
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
4,096,582
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
204,829
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
204,829
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
2,586
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
2,586
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
202,243
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
202,243
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
202,243
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
142,251
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
142,251
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 7 202,243
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 20,071
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2025:
a From 2020...... 0
b From 2021...... 0
c From 2022...... 0
d From 2023...... 0
e From 2024...... 0
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2025 from Part
XI, line 4: $ 142,251
a Applied to 2024, but not more than line 2a 20,071
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..... 122,180
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 .......... 		80,063
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2020 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2021 .... 0
b Excess from 2022 .... 0
c Excess from 2023 .... 0
d Excess from 2024 .... 0
e Excess from 2025 .... 0
Form 990-PF (2025)
Form 990-PF (2025)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2025, enter the date of the ruling ......
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2025 (b) 2024 (c) 2023 (d) 2022
         
b 85% (0.85) of line 2a .......          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, 3b, or 3c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, 2b, 2c, and 2d. See instructions
aThe name, address, and telephone number or 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

PROCTOR JRSR HIGH SCHOOL

4 PARK ST
PROCTOR,VT05765 		NONE   GENERAL SUPPORT 58,025

PROCTOR ELEMENTARY SCHOOL

14 SCHOOL ST
PROCTOR,VT05765 		NONE   GENERAL SUPPORT 26,273

PROCTOR FREE LIBRARY

4 MAIN STREET
PROCTOR,VT05765 		NONE   GENERAL SUPPORT 14,200

TOWN OF PROCTOR

45 MAIN ST
PROCTOR,VT05765 		NONE   GENERAL SUPPORT 36,527
Total ................................. 3a 135,025
bApproved for future payment
Total ................................. 3b  
Form 990-PF (2025)
Form 990-PF (2025)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 116,106  
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 99,772  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aOTHER REVENUE 		    14 30  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   215,908  
13Total. Add line 12, columns (b), (d), and (e)..................
13
215,908
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2025)
Form 990-PF (2025)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2025 AccountingFeesSchedule
Name:
MORTIMER R PROCTOR FOUNDATION
EIN:
03-6020099
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC 900     900

TY 2025 InvestmentsCorpBondsSchedule
Name:
MORTIMER R PROCTOR FOUNDATION
EIN:
03-6020099
Name of Bond End of Year Book Value End of Year Fair Market Value
17275RBS0 CISCO SYSTEMS    
4812C0159 JPMORGAN MTG-BACKED    
95000U2V4 WELLS FARGO MTN V-D 13,880 14,903
06051GHZ5 BANK OF AMER MTN V-Q 49,882 46,572
89114TZJ4 TOR DOM BK MTN CONV 11,959 13,406
92343VGJ7 VERIZON COMM INC 17,860 19,177
29379VCE1 ENTERPRISE PRODU    
370334CL6 GENERAL MILLS IN 12,914 14,184
579780AR8 MCCORMICK & CO INC    
828807CW5 SIMON PROPERTY GROUP    
49271VAF7 KEURIG DR PEPPER INC 9,561 10,081
78016HZS2 ROYAL BK CA MTN CONV 15,136 15,464
110122EH7 BRISTOL-MYERS 15,192 15,593
06368L8K5 BK MONTREAL CONV V-D 14,999 15,056
92277GAN7 VENTAS REALTY LP 14,793 15,067
842587DH7 SOUTHERN CO 17,473 19,046
68389XCS2 ORACLE CORP 14,985 14,701
024524282 AMERICAN BEACON SIM 38,663 42,391
91324PFF4 UNITEDHEALTH GRP INC    
09247XAN1 BLACKROCK INC 49,700 49,700
125523CM0 CIGNA CORP 21,241 22,627
24422EXP9 JOHN DEERE CAP MTN 15,243 15,511
437076DB5 HOME DEPOT INC    
25746UCE7 DOMINION RESOURCES    
38141GWZ3 GOLDMAN SACHS V-Q 19,757 20,042
17327CAM5 CITIGROUP INC V-D 14,402 14,966
46647PBE5 JPMORGAN CHASE V-Q 17,653 18,973
6174468P7 MORGAN STAN MTN V-D    
06418GAD9 BANK NOVA SCOT CONV 14,909 15,448
025816DL0 AMERICAN EXPRESS    
65339KDG2 NEXTERA ENERGY CAP 10,000 10,183
031162CU2 AMGEN INC 13,829 13,989
053484AH4 AVALONBAY CMNTYS INC 9,996 10,021
927804FX7 VIRGINIA EL&PWR 14,633 14,928
98978VAW3 ZOETIS INC 14,988 15,081
906548DA7 UNION ELEC CO 15,118 15,448
13607HR53 CAN IMPERIAL BK CONV 13,988 14,291
61747YFT7 MORGAN STANLEY V-D 20,310 20,588
91159HHW3 US BANCORP MTN 9,519 9,630
02665WGL9 AMERICAN HONDA MTN 20,064 20,074
46654Q575 JPMORGAN MORTGAGE-BA 246,967 258,568
29379VCK7 ENTERPRISE PRODS OPE 15,128 15,184
666807CN0 NORTHROP GRUMMAN COR 15,035 15,267
126117AW0 CNA FINANCIAL CORP 13,414 13,487
233331BN6 DTE ENERGY CO 10,067 10,318

TY 2025 InvestmentsCorpStockSchedule
Name:
MORTIMER R PROCTOR FOUNDATION
EIN:
03-6020099
Name of Stock End of Year Book Value End of Year Fair Market Value
45775L408 T ROWE PRICE LG-CAP 6,459 8,439
30303M102 META PLATFORMS INC-A 16,305 30,364
532457108 ELI LILLY & CO 20,294 26,867
056823396 BAILLIE GIFFORD EMER 47,056 66,047
11135F101 BROADCOM INC 13,499 52,261
580135101 MCDONALD'S CORPORATI 7,086 7,335
26875P101 EOG RESOURCES INC CO 13,821 12,181
56065F282 NYLI PINESTONE US EQ 37,661 41,332
G6700G107 NVENT ELECTRIC PLC 8,804 10,503
00770X675 PZENA EMERG MKTS VAL 27,251 34,452
46625H100 JPMORGAN CHASE & CO 19,688 49,622
254687106 WALT DISNEY CO 14,680 18,431
19766P868 COLUMBIA OVERSEAS VA 137,000 190,738
46434G103 ISHARES CORE MSCI EM 27,862 38,315
68389X105 ORACLE CORPORATION C 7,977 13,059
742718109 PROCTER & GAMBLE CO 9,155 7,882
46432F339 ISHARES MSCI USA QUA 11,095 15,890
060505104 BANK AMER CORP 14,090 30,415
166764100 CHEVRON CORP 14,688 14,479
00724F101 ADOBE INC 6,052 6,300
03027X100 AMERICAN TOWER CORP 7,357 7,550
539830109 LOCKHEED MARTIN CORP 8,842 9,190
125896100 CMS ENERGY CORP COM 7,953 9,301
02079K107 ALPHABET INC CL C 28,638 71,546
032654105 ANALOG DEVICES INC 10,470 17,086
911312106 UNITED PARCEL SERVIC    
023135106 AMAZON.COM INC 25,383 48,934
617446448 MORGAN STANLEY GROUP 8,024 15,623
713448108 PEPSICO INC COM 7,689 5,884
594918104 MICROSOFT CORP 47,679 79,314
09290D101 BLACKROCK INC 10,909 16,055
053484101 AVALONBAY COMMUNITIE    
464287630 ISHARES RUSSELL 2000 40,781 48,927
97181C787 WILMINGTON INTERNATI 112,000 147,876
G51502105 JOHNSON CONTROLS INT 8,214 14,370
464287598 ISHARES RUSSELL 1000 11,312 14,724
46432F842 ISHARES CORE MSCI EA    
97181C332 WILMINGTON GLOBAL AL 91,667 104,739
824348106 SHERWIN WILLIAMS CO 7,694 9,397
91324P102 UNITEDHEALTH GROUP I 15,870 10,233
235851102 DANAHER CORP COM 14,656 15,795
97181C431 WILMINGTON REAL ASSE 124,524 138,243
09857L108 BOOKING HOLDINGS INC 8,532 16,066
00287Y109 ABBVIE INC 5,433 14,395
907818108 UNION PACIFIC CORP C 6,308 6,940
22160K105 COSTCO WHOLESALE COR 15,793 25,008
411512478 HARBOR LG-CAP VALUE    
14064D774 FT BHVRL SM CAP GRW- 55,000 68,848
244199105 DEERE & CO COMMON 14,223 16,761
67066G104 NVIDIA CORP COM 24,157 87,282
464287614 ISHARES RUSSELL 1000 7,090 11,833
437076102 HOME DEPOT INC COM 10,440 15,140
002824100 ABBOTT LABORATORIES 10,204 13,281
037833100 APPLE INC 42,794 78,568
009158106 AIR PRODUCTS & CHEMI 6,266 5,187
17275R102 CISCO SYSTEMS INC 7,810 10,861
09250J734 BLACKROCK EVENT DRIV 90,691 95,278
87612E106 TARGET CORP COM 9,298 6,940
88160R101 TESLA INC. 14,061 22,486
57636Q104 MASTERCARD INC CL A 17,703 25,119
58933Y105 MERCK & CO INC    
00171A852 AMG RIVER RD SM-CAP 56,094 55,342
G1151C101 ACCENTURE PLC- CL A 8,221 6,976
461418444 WCM FOCUSED INT'L GR 133,000 141,668
025537101 AMERICAN ELECTRIC PO 7,311 9,686
29444U700 EQUINIX INC REIT 9,977 9,194
87283Q503 T ROWE PRICE US EQUI 45,451 55,614
90353T100 UBER TECHNOLOGIES IN 9,039 10,622

TY 2025 InvestmentsGovtObligationsSch
Name:
MORTIMER R PROCTOR FOUNDATION
EIN:
03-6020099
US Government Securities - End of Year Book Value:

1,049,461
US Government Securities - End of Year Fair Market Value:

1,047,832
State & Local Government Securities - End of Year Book Value:


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


 


TY 2025 OtherDecreasesSchedule
Name:
MORTIMER R PROCTOR FOUNDATION
EIN:
03-6020099
Description Amount
2025 TRANSACTION POSTED IN 2026 1,570
AI EFFECTIVE AFTER TAX YEAR 453
ACCRUED INTEREST PAID 57
COST BASIS ADJUSTMENT 354


TY 2025 OtherExpensesSchedule
Name:
MORTIMER R PROCTOR FOUNDATION
EIN:
03-6020099
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER CHARITABLE MISC EXPENSE 3,156 0   3,156


TY 2025 OtherIncreasesSchedule
Name:
MORTIMER R PROCTOR FOUNDATION
EIN:
03-6020099
Description Amount
2024 TRANSACTION POSTED IN 2025 3,387
AI POSTING DATE BEFORE TAX YEAR 768


TY 2025 TaxesSchedule
Name:
MORTIMER R PROCTOR FOUNDATION
EIN:
03-6020099
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL TAX PAYMENT - PRIOR YE 1,915 0   0
ESTIMATED TAX PAYMENTS 1,780 0   0
FOREIGN TAXES ON QUALIFIED FOR 935 935   0
FOREIGN TAXES ON NONQUALIFIED 375 375   0