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
Caplin Foundation
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address) Foundation Source 501 Silverside Rd
  Room/suite
City or town
Wilmington
State or province
DE
Country  
ZIP or foreign postal code
198091377
A Employer identification number

52-6078981
B Telephone number (see instructions)

8008391754
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)$8,194,988J 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) 0
2 Check .................
3 Interest on savings and temporary cash investments 14,668 14,668  
4 Dividends and interest from securities... 82,378 82,378  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,600,516
b Gross sales price for all assets on line 6a 4,526,989
7 Capital gain net income (from Part IV, line 2)... 2,600,168
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)....... Click to see attachment
List of Attached Documents:
// Content
10,427 150  
12 Total. Add lines 1 through 11........ 2,707,989 2,697,364  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
32,762 32,762    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
8,094 1,617    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
40,809 1,008   39,801
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 81,665 35,387   39,801
25 Contributions, gifts, grants paid....... 403,350 403,350
26 Total expenses and disbursements. Add lines 24 and 25 ................ 485,015 35,387   443,151
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,222,974
b Net investment income (if negative, enter -0-) 2,661,977
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......... 613,548 263,166 263,166
3 Accounts receivable  
Less: allowance for doubtful accounts   1,896    
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) 206,416 Click to see attachment
List of Attached Documents:
// Content
206,416 		207,008
b Investments—corporate stock (attach schedule)....... 1,314,563 Click to see attachment
List of Attached Documents:
// Content
3,898,315 		7,624,814
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 0 Click to see attachment
List of Attached Documents:
// Content
0 		100,000
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) 2,136,423 4,367,897 8,194,988
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 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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 2,136,423 4,367,897
29 Total net assets or fund balances (see instructions)..... 2,136,423 4,367,897
30 Total liabilities and net assets/fund balances (see instructions). 2,136,423 4,367,897
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
2,136,423
2
Enter amount from Part I, line 27a .....................
2
2,222,974
3
Other increases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
3
8,500
4
Add lines 1, 2, and 3 ..........................
4
4,367,897
5
Decreases not included in line 2 (itemize)
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
4,367,897
Form 990-PF (2025)
Form 990-PF (2025)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a Publicly-traded Securities      
b
c
d
e
(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 4,526,989   1,926,821 2,600,168
b
c
d
e
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       2,600,168
b
c
d
e
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 2,600,168
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 37,001
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  
3 Add lines 1 and 2........................... 3 37,001
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 37,001
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 2,634
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 2,634
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed....... 9 34,367
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 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
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)
DC
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 ofFoundation Source Telephone no. (800) 839-1754

Located at501 Silverside Road Suite 123WilmingtonDE ZIP+4198091377
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
Catherine Caplin Dir
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Jeremy Caplin Dir, Pres
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
Michael Caplin Dir, Sec, Treas
1.0 		0 0 0
Foundation Source 501 Silverside Rd
Wilmington,DE198091377
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
 
Total number of other employees paid over $50,000...................  
Form 990-PF (2025)
Form 990-PF (2025)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
 
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................  
Form 990-PF (2025)
Form 990-PF (2025)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
7,342,862
b
Average of monthly cash balances.......................
1b
427,774
c
Fair market value of all other assets (see instructions)................
1c
100,000
d
Total (add lines 1a, 1b, and 1c).......................
1d
7,870,636
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
7,870,636
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
118,060
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
7,752,576
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
387,629
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
387,629
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
37,001
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
1,600
c
Add lines 2a and 2b............................
2c
38,601
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
349,028
4
Recoveries of amounts treated as qualifying distributions................
4
8,500
5
Add lines 3 and 4............................
5
357,528
6
Deduction from distributable amount (see instructions) .................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
357,528
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
443,151
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
443,151
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 7 357,528
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only.......  
b Total for prior years:2023, 2022, 2021  
3 Excess distributions carryover, if any, to 2025:
a From 2020......  
b From 2021......  
c From 2022...... 182,291
d From 2023...... 2,400,122
e From 2024...... 25,302
f Total of lines 3a through e ........ 2,607,715
4Qualifying distributions for 2025 from Part
XI, line 4: $ 443,151
a Applied to 2024, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions) ..... 		 
c Treated as distributions out of corpus (Election
required—see instructions) ........ 		 
d Applied to 2025 distributable amount..... 357,528
e Remaining amount distributed out of corpus 85,623
5 Excess distributions carryover applied to 2025.    
(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 2,693,338
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
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...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2024. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2025. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2026 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2020 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		2,693,338
10 Analysis of line 9:
a Excess from 2021 ....  
b Excess from 2022 .... 182,291
c Excess from 2023 .... 2,400,122
d Excess from 2024 .... 25,302
e Excess from 2025 .... 85,623
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).)
NONE
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
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

24TH STREET THEATRE COMPANY

1117 W 24TH ST
LOS ANGELES,CA90007 		N/A   General & Unrestricted 1,500

A NOISE WITHIN

3352 E FOOTHILL BLVD
PASADENA,CA91107 		N/A   Student Matinees and Outreach Programming 2,000

ALABAMA-COUSHATTA TRIBE OF TEXAS

571 STATE PARK RD 56
LIVINGSTON,TX77351 		N/A   Chief Kina Health Clinic 2,500

ALBEMARLE COUNTY HISTORICAL SOCIETY INC

200 2ND ST NE
CHARLOTTESVILLE,VA22902 		N/A   Highland Descendants Fall Feast 3,000

ALBEMARLE COUNTY HISTORICAL SOCIETY INC

200 2ND ST NE
CHARLOTTESVILLE,VA22902 		N/A   Charitable Event 10,000

ALBEMARLE HIGH SCHOOL

2775 HYDRAULIC RD
CHARLOTTESVILLE,VA22901 		N/A   To support the activities of the drama department and theatre kids 1,000

ALBEMARLE SOCIETY FOR THE PREVENTION OF CRUELTY TO

3355 BERKMAR DR
CHARLOTTESVILLE,VA22901 		N/A   General & Unrestricted 1,500

ANGELICA VILLAGE

5455 W VIRGINIA AVE
LAKEWOOD,CO80226 		N/A   General & Unrestricted 2,500

ANTAEUS COMPANY

110 E BROADWAY
GLENDALE,CA91205 		N/A   General & Unrestricted 6,000

APPALACHIAN VOICES

589 WEST KING ST
BOONE,NC28607 		N/A   General & Unrestricted 1,000

APPETITE FOR CHANGE INC

2520 N 2ND ST
MINNEAPOLIS,MN55411 		N/A   General & Unrestricted 200

ART INSTITUTE OF CHICAGO

111 SOUTH MICHIGAN AVE
CHICAGO,IL60603 		N/A   General & Unrestricted 300

AUSTIN PETS ALIVE

PO BOX 736245
DALLAS,TX75373 		N/A   General & Unrestricted 1,000

BABY2BABY

5830 W JEFFERSON BLVD
LOS ANGELES,CA90016 		N/A   General & Unrestricted 500

BDPA - TWIN CITIES FOUNDATION

434 VADNAIS LAKE DR
SAINT PAUL,MN55127 		N/A   To support in-person coding classes for youth in middle and elementary school 500

BELMONT ARTS COLLABORATIVE

221 CARLTON RD STE 3
CHARLOTTESVLE,VA22902 		N/A   General & Unrestricted 2,000

BETHEL BAPTIST CHURCH

227 BETHEL CHURCH RD
PALMYRA,VA22963 		N/A   General & Unrestricted 600

BIG CAT HABITAT GULF COAST SANCTUARY INC

7101 PALMER BLVD
SARASOTA,FL34240 		N/A   General & Unrestricted 300

BIG WATERS LAND TRUST INC

PO BOX 902
OSPREY,FL34229 		N/A   General & Unrestricted 1,000

BLANK THEATRE COMPANY

PO BOX 1094
LOS ANGELES,CA90078 		N/A   Young Playwright's Festival 1,000

BLUE RIDGE AREA FOOD BANK INC

PO BOX 937
VERONA,VA24482 		N/A   General & Unrestricted 2,100

BLUE RIDGE IRISH MUSIC SCHOOL

2146 LAKESIDE DR
CHARLOTTESVLE,VA22901 		N/A   General & Unrestricted 2,500

BOTANICAL GARDEN OF THE PIEDMONT

PO BOX 6224
CHARLOTTESVLE,VA22906 		N/A   General & Unrestricted 500

BOYS & GIRLS CLUBS OF CENTRAL VIRGINIA

PO BOX 707
CHARLOTTESVILLE,VA22902 		N/A   General & Unrestricted 1,000

BRAIN INJURY ASSOCIATION OF AMERICA INC

PO BOX 7416
MERRIFIELD,VA22116 		N/A   General & Unrestricted 500

CABRILLO MUSIC THEATRE INC

2100 E THOUSAND OAKS BLVD STE B
THOUSAND OAKS,CA91362 		N/A   General & Unrestricted 1,500

CANCER PATIENTS ALLIANCE

312 1/2 FOUNTAIN AVE
PACIFIC GROVE,CA93950 		N/A   General & Unrestricted 500

CAPE IVY

404 ROOKWOOD DR
CHARLOTTESVILLE,VA22903 		N/A   General & Unrestricted 1,000

CARING FOR CREATURES FOUNDATION

352 SANCTUARY LN
PALMYRA,VA22963 		N/A   General & Unrestricted 1,000

CASA MARIANELLA

821 GUNTER ST
AUSTIN,TX78702 		N/A   General & Unrestricted 1,500

CENTER FOR BIOLOGICAL DIVERSITY INC

PO BOX 710
TUCSON,AZ85702 		N/A   General & Unrestricted 1,000

CENTER FOR NONPROFIT EXCELLENCE

1701A ALLIED ST
CHARLOTTESVLE,VA22903 		N/A   General & Unrestricted 2,500

CENTER FOR NONPROFIT EXCELLENCE

1701A ALLIED ST
CHARLOTTESVLE,VA22903 		N/A   General & Unrestricted 7,500

CENTER ON HALSTED

3656 N HALSTED
CHICAGO,IL60613 		N/A   General & Unrestricted 1,000

CENTER THEATRE GROUP OF LOS ANGELES

601 W TEMPLE ST
LOS ANGELES,CA90012 		N/A   General & Unrestricted 1,500

CHARLOTTESVILLE ABUNDANT LIFE MINISTRIES INC

PO BOX 71
CHARLOTTESVLE,VA22902 		N/A   New Building Campaign 2,000

CHARLOTTESVILLE AREA COMMUNITY FOUNDATION

PO BOX 1767
CHARLOTTESVLE,VA22902 		N/A   the Emily Couric Leadership Scholarship fund 1,000

CHARLOTTESVILLE AREA TREE STEWARDS

PO BOX 4211
CHARLOTTESVLE,VA22905 		N/A   General & Unrestricted 1,000

CHARLOTTESVILLE BABE RUTH LEAGUE INC

PO BOX 6934
CHARLOTTESVLE,VA22906 		N/A   General & Unrestricted 1,500

CHARLOTTESVILLE FREE CLINIC

901 PRESTON AVE STE 301
CHARLOTTESVLE,VA22903 		N/A   General & Unrestricted 2,500

CHARLOTTESVILLE HIGH

1400 MELBOURNE RD
Charlottesville,VA22901 		N/A   To support the work of the Drama teacher and the Drama kids 1,000

CHARLOTTESVILLE OPERA

226 EAST HIGH ST
CHARLOTTESVILLE,VA22902 		N/A   General & Unrestricted 2,650

CHARLOTTESVILLE POLICE DEPARTMENT FOUNDATION

2465 WILLISTON DR
CHARLOTTESVLE,VA22901 		N/A   General & Unrestricted 1,000

CHARLOTTESVILLE TOMORROW

PO BOX 1591
CHARLOTTESVILLE,VA22902 		N/A   General & Unrestricted 1,000

COMMUNITIES IN SCHOOLS OF THE NATIONS CAPITAL INC

501 SCHOOL ST SW STE 800
WASHINGTON,DC20024 		N/A   General & Unrestricted 500

COMMUNITY INVESTMENT COLLABORATIVE

PO BOX 2976
CHARLOTTESVILLE,VA22902 		N/A   General & Unrestricted 500

CONGREGATION BETH ISRAEL

PO BOX 320
CHARLOTTESVILLE,VA22902 		N/A   Fall Giving Campaign 1,000

CONGREGATION BETH ISRAEL

PO BOX 320
CHARLOTTESVILLE,VA22902 		N/A   General & Unrestricted 1,000

CONSORTIUM CARISSIMI

PO BOX 40553
SAINT PAUL,MN55104 		N/A   General & Unrestricted 500

CRYSTAL CATHEDRAL CHURCH OF CHRIST

PO BOX 53
DILLWYN,VA23936 		N/A   General & Unrestricted 5,000

CURESEARCH FOR CHILDRENS CANCER

PO BOX 45781
BALTIMORE,MD21297 		N/A   General & Unrestricted 300

DC ABORTION FUND

PO BOX 65061
WASHINGTON,DC20035 		N/A   General & Unrestricted 1,000

DC CENTRAL KITCHEN INC

PO BOX 417406
BOSTON,MA02241 		N/A   General & Unrestricted 500

DEAF WEST THEATRE COMPANY INC

11333 MOORPARK ST 75
STUDIO CITY,CA91602 		N/A   General & Unrestricted 2,000

DOGWOOD VIETNAM MEMORIAL FOUNDATION

PO BOX 6193
CHARLOTTESVILLE,VA22906 		N/A   General & Unrestricted 1,000

DREAM A WORLD EDUCATION

1707 S CRESCENT HEIGHTS BLVD
LOS ANGELES,CA90035 		N/A   General & Unrestricted 1,000

EARLY MUSIC MINNESOTA

275 E 4TH ST
SAINT PAUL,MN55101 		N/A   General & Unrestricted 500

EAST-WEST PLAYERS INC

120 JUDGE JOHN AISO ST
LOS ANGELES,CA90012 		N/A   to support of the upcoming production of Flower Drum Song 5,000

ENVIRONMENTAL DEFENSE FUND INCORPORATED

PO BOX 98051
WASHINGTON,DC20090 		N/A   General & Unrestricted 250

FIRST PRESBYTERIAN CHURCH HOLLYWOOD

1760 N GOWER ST
LOS ANGELES,CA90028 		N/A   General & Unrestricted 1,500

FLORIDA STUDIO THEATRE INC

1241 N PALM AVE
SARASOTA,FL34236 		N/A   to support building maintenance/upgrades; or furnishings for the FST 4-apartment housing property at 1271 4th Street 3,000

FLORIDA STUDIO THEATRE INC

1241 N PALM AVE
SARASOTA,FL34236 		N/A   to support building maintenance/upgrades; or furnishings for the FST 4 apartment property at 1271 4th Street 2,500

FOOTHILLS CHILD ADVOCACY CENTER

308 10TH ST NE STE 1
CHARLOTTESVLE,VA22902 		N/A   Challenge Matching Grant 2,500

FOOTHILLS CHILD ADVOCACY CENTER

308 10TH ST NE STE 1
CHARLOTTESVLE,VA22902 		N/A   General & Unrestricted 2,750

FOUNTAIN THEATRE

5060 FOUNTAIN AVE
LOS ANGELES,CA90029 		N/A   to support the upcoming production of "White Rabbit, Red Rabbit" 5,000

FOUR COUNTY PLAYERS INC

5256 GOVERNOR BARBOUR ST
BARBOURSVILLE,VA22923 		N/A   General & Unrestricted 1,000

FRIENDS OF DOWNTOWN

PO BOX 253
CHARLOTTESVILLE,VA22902 		N/A   General & Unrestricted 15,000

FRIENDS OF DOWNTOWN

PO BOX 253
CHARLOTTESVILLE,VA22902 		N/A   Store window designs on the Mall 5,000

FRIENDS OF DOWNTOWN

PO BOX 253
CHARLOTTESVILLE,VA22902 		N/A   Walking Tour Fund 1,500

FRIENDS OF HOPEWELL FURNACE NATIONAL HISTORIC SITE

2 MARK BIRD LN
ELVERSON,PA19520 		N/A   General & Unrestricted 500

FRIENDS OF THE ARTS AT NARBONNE HIGH

2315 ROBIN LN
LOMITA,CA90717 		N/A   funds to upgrade sound and light equipment in the theatre 1,500

FRIENDS OF TORRANCE THEATRE COMPANY

21143 HAWTHORNE BLVD 226
TORRANCE,CA90503 		N/A   General & Unrestricted 1,000

GEORGETOWN UNIVERSITY

600 NEW JERSEY AVE NW
WASHINGTON,DC20001 		N/A   ICAP 1,000

GONZALES YOUTH BALLET

23 CREEKWOOD DR
GONZALES,TX78629 		N/A   Charitable Event 3,000

GRACKLE ART GALLERY INC

4621 EL CAMPO AVE
FORT WORTH,TX76107 		N/A   Gallery acquistion fund for "Matt Ponders" sculpture, and painting, chimney repairs and flooring repairs 5,000

GROUP REPERTORY THEATRE

10900 BURBANK BLVD
N HOLLYWOOD,CA91601 		N/A   General & Unrestricted 1,000

HAVEN AT FIRST & MARKET INC

112 W MARKET ST
CHARLOTTESVLE,VA22902 		N/A   General & Unrestricted 1,000

HISTORICAL SOCIETY OF SARASOTA COUNTY

PO BOX 1632
SARASOTA,FL34230 		N/A   General & Unrestricted 2,000

HOSPICE OF THE PIEDMONT INC

675 PETER JEFFERSON PKWY SUITE 3
CHARLOTTESVILLE,VA22911 		N/A   General & Unrestricted 500

HOSPITALITY HOUSE YOUTH DEVELOPMENT

PO BOX 11008
MINNEAPOLIS,MN55411 		N/A   To support the youth basketball teams 1,000

I HAVE A DREAM FOUNDATION-LOS ANGELES

3580 WILSHIRE BLVD STE 720
LOS ANGELES,CA90010 		N/A   General & Unrestricted 1,000

ILLINOIS COALITION FOR IMMIGRANT AND REFUGEE RIGHT

228 S WABASH AVE STE 800
CHICAGO,IL60604 		N/A   General & Unrestricted 1,000

IN OTHER PEOPLES SHOES PRODUCTIONS

2266 E DUDLEY ST
PASADENA,CA91104 		N/A   General & Unrestricted 1,500

INLAND VALLEY REPERTORY THEATRE INC

PO BOX 7743
LA VERNE,CA91750 		N/A   General & Unrestricted 2,500

INNISFREE INC

5505 WALNUT LEVEL RD
CROZET,VA22932 		N/A   General & Unrestricted 1,000

INTERACT THEATRE COMPANY

11333 MOORPARK ST PMB 391
NORTH HOLLYWOOD,CA91602 		N/A   General & Unrestricted 1,500

INTERLOCHEN CENTER FOR THE ARTS

PO BOX 199
INTERLOCHEN,MI49643 		N/A   scholarship fund for students of Music, Dance Theatre, Multi-Disciplinary Arts, and Writing in the summer camp program 10,000

INTERLOCHEN CENTER FOR THE ARTS

PO BOX 199
INTERLOCHEN,MI49643 		N/A   Scholarship fund for students in the Dance, New Media Arts, Music, Writing and Theatre Departments 25,000

INTERNATIONAL CITY THEATRE

67 LONG BEACH BLVD
LONG BEACH,CA90802 		N/A   General & Unrestricted 2,000

INTERNATIONAL JUSTICE MISSION

PO BOX 96961
WASHINGTON,DC20090 		N/A   To support the Ghana team working on prosecuting child trafficking and exploitation on Lake Volta 500

INTERNATIONAL RESCUE COMMITTEE INC

PO BOX 6068
ALBERT LEA,MN56007 		N/A   General & Unrestricted 1,000

IVY CREEK FOUNDATION INC

PO BOX 956
CHARLOTTESVLE,VA22902 		N/A   General & Unrestricted 500

IX ART PARK FOUNDATION

522 2ND ST SE STE D
CHARLOTTESVILLE,VA22902 		N/A   General & Unrestricted 4,000

JABBERWOCKY THEATRE COMPANY

12405 VENICE BLVD 153
LOS ANGELES,CA90066 		N/A   General & Unrestricted 1,500

JAMES MADISON UNIVERSITY

738 S MASON ST RM 5100 MSC 3516
HARRISONBURG,VA22807 		N/A   To support radio station WMRA 1,000

JEFFERSON SCHOOL AFRICAN AMERICAN HERITAGE CENTER

233 4TH ST NW
CHARLOTTESVILLE,VA22903 		N/A   Theater Renovation fund 1,500

JEFFERSON SCHOOL AFRICAN AMERICAN HERITAGE CENTER

233 4TH ST NW
CHARLOTTESVILLE,VA22903 		N/A   General & Unrestricted 3,500

JUBILEE JOBS INC

2712 ONTARIO RD NW
WASHINGTON,DC20009 		N/A   General & Unrestricted 500

LITERACY VOLUNTEERS OF CHARLOTTESVILLE-ALBEMARLE

233 4TH ST NW STE L
CHARLOTTESVLE,VA22903 		N/A   General & Unrestricted 300

LITTLE LEAGUE BASEBALL INC

1478 KINROSS LN
KESWICK,VA22947 		N/A   Major League Softball team for the 2025 season 650

LIVE ARTS INC

PO BOX 1231
CHARLOTTESVILLE,VA22902 		N/A   to support one show during 2025-26 seasons 2,500

LIVE ARTS INC

PO BOX 1231
CHARLOTTESVILLE,VA22902 		N/A   to purchase of new paintbrushes in the scenic workshop 200

LOS ANGELES GAY AND LESBIAN COMMUNITY SERVICES CEN

1118 N MCCADDEN PL
LOS ANGELES,CA90038 		N/A   General & Unrestricted 1,500

LYMELIGHT FOUNDATION INC

1229 BURLINGAME AVE STE 205
BURLINGAME,CA94010 		N/A   General & Unrestricted 2,000

LYMPHOMA RESEARCH FOUNDATION

88 PINE ST STE 2400 WALL ST PLZ
NEW YORK,NY10005 		N/A   General & Unrestricted 500

MEDECINS SANS FRONTIERES USA INC

PO BOX 5030
HAGERSTOWN,MD21741 		N/A   General & Unrestricted 500

MEDIA MATTERS FOR AMERICA

800 MAINE AVE SW STE 500
WASHINGTON,DC20024 		N/A   General & Unrestricted 750

MIDDLE OAK BAPTIST CHURCH

4735 PRESIDENTS RD
SCOTTSVILLE,VA24590 		N/A   General & Unrestricted 1,000

MINNEAPOLIS POLICE ACTIVITIES LEAGUE

4119 DUPONT AVE N
MINNEAPOLIS,MN55412 		N/A   to support ongoing swimming activities for the PAL H20 Heroes 500

MONTANOVA STABLES FOUNDATION

PO BOX 704
KESWICK,VA22947 		N/A   General & Unrestricted 1,500

MONTESSORI EDUCATION TRUST INC

631 CUTLER LN
CHARLOTTESVLE,VA22901 		N/A   funds for the new playground equipment at Cutler Lane 500

MUNICIPAL BAND OF CHARLOTTESVILLE INC

1119 FIFTH ST SW
CHARLOTTESVILLE,VA22902 		N/A   General & Unrestricted 1,000

MUSICAL THEATRE WEST

4350 E 7TH ST
LONG BEACH,CA90804 		N/A   General & Unrestricted 1,500

MYBIRDCLUB

25 E MINNEHAHA PKWY
INDEPENDENCE,MN55357 		N/A   General & Unrestricted 200

MYRIAD USA INC

551 FIFTH AVE SUITE 2400
NEW YORK,NY10176 		N/A   to support the Winny Obure Foundation 3,000

NAACP LEGAL DEFENSE AND EDUCATIONAL FUND INC

40 RECTOR ST 5TH FL
NEW YORK,NY10006 		N/A   General & Unrestricted 550

NATIONAL ALLIANCE FOR RESEARCH ON SCHIZOPHRENIA AN

747 3RD AVE FL 33C
NEW YORK,NY10017 		N/A   General & Unrestricted 500

NATIONAL FINCH AND SOFTBILL SOCIETY

720 LIVE OAK LN
PINOLE,CA94564 		N/A   General & Unrestricted 1,000

NATIONAL PUBLIC RADIO INC

PO BOX 791490
BALTIMORE,MD21279 		N/A   General & Unrestricted 1,750

NATIVE AMERICAN HERITAGE ASSOCIATION

830 JOHN MARSHALL HWY STE F
FRONT ROYAL,VA22630 		N/A   General & Unrestricted 500

NEW ART CITY THEATRE

214 JORDAN AVE
VENTURA,CA93001 		N/A   to support the further development of new works 2,500

NEW CITY ARTS INITIATIVE

114 3RD ST NE
CHARLOTTESVILLE,VA22902 		N/A   General & Unrestricted 1,000

NEW MUSICALS INC

13531 WYANDOTTE ST APT 8
VAN NUYS,CA91405 		N/A   General & Unrestricted 1,500

NEW VICTORY THEATRE

3326 W VICTORY BLVD
BURBANK,CA91505 		N/A   General & Unrestricted 2,000

NEW YORK LIVE ARTS INC

219 W 19TH ST
NEW YORK,NY10011 		N/A   to support Yehuda and Mystical Feet Company's upcoming production 1,500

NORTH COAST REPERTORY THEATRE A NON PROFIT CORPORA

987 LOMAS SANTA FE DR STE D
SOLANA BEACH,CA92075 		N/A   General & Unrestricted 1,500

NORTH STAR BOYS CHOIR OF MINNESOTA INC

PO BOX 2283
MAPLE GROVE,MN55311 		N/A   General & Unrestricted 400

NOVA UKRAINE

3277 S WHITE RD PMB 8475
SAN JOSE,CA95148 		N/A   General & Unrestricted 500

OGLALA LAKOTA COLLEGE

PO BOX 490
KYLE,SD57752 		N/A   General & Unrestricted 1,000

OHIO SHAKESPEARE FESTIVAL

507 E CRAIN AVE
KENT,OH44240 		N/A   General & Unrestricted 1,000

OPENLANDS

25 E WASHINGTON ST STE 1650
CHICAGO,IL60602 		N/A   General & Unrestricted 500

OPERA ON THE JAMES

PO BOX 1450
LYNCHBURG,VA24505 		N/A   General & Unrestricted 3,000

PADI AWARE FOUNDATION

30151 TOMAS STE 200
RANCHO SANTA MARGARITA,CA92688 		N/A   General & Unrestricted 500

PALESTINE CHILDRENS RELIEF FUND

PO BOX 861716
LOS ANGELES,CA90086 		N/A   General & Unrestricted 1,500

PASADENA HUMANE SOCIETY

361 S RAYMOND AVE
PASADENA,CA91105 		N/A   General & Unrestricted 1,000

PIEDMONT COURT APPOINTED SPECIAL ADVOCATES INC

818 E HIGH ST
CHARLOTTESVILLE,VA22902 		N/A   General & Unrestricted 2,000

PIEDMONT DISCOVERY CENTER

989 THORN ROSE LN
CHARLOTTESVLE,VA22902 		N/A   General & Unrestricted 1,000

PILGRIM BAPTIST CHURCH

211 ALBEMARLE ST
CHARLOTTESVILLE,VA22903 		N/A   General & Unrestricted 500

PLANNED PARENTHOOD FEDERATION OF AMERICA INC

PO BOX 97166
WASHINGTON,DC20090 		N/A   General & Unrestricted 2,500

PLANNED PARENTHOOD SOUTH ATLANTIC

100 S BOYLAN AVE
RALEIGH,NC27603 		N/A   Virginia Constitution Project 3,000

PLAYWRIGHTS ARENA

514 S SPRING ST
LOS ANGELES,CA90013 		N/A   to support of Act for Students programming 1,000

PLAYWRIGHTS ARENA

514 S SPRING ST
LOS ANGELES,CA90013 		N/A   General & Unrestricted 1,800

PLEASANT GROVE BAPTIST CHURCH

PO BOX 751
EARLYSVILLE,VA22936 		N/A   General & Unrestricted 1,000

PRESERVATION ALLIANCE OF WEST

421 DAVIS AVE
ELKINS,WV26241 		N/A   to support the renovation of the historic Tyree Tavern 500

PRESERVATION PIEDMONT

PO BOX 2803
CHARLOTTESVLE,VA22902 		N/A   General & Unrestricted 2,500

PRESERVERS OF THE DAUGHTERS OF ZION CEMETERY

201 6TH ST NW
CHARLOTTESVILLE,VA22903 		N/A   General & Unrestricted 500

PRO PUBLICA INC

155 AVE OF THE AMERICAS 13TH FL
NEW YORK,NY10013 		N/A   General & Unrestricted 750

PROTECT DEMOCRACY PROJECT

2020 PENNSYLVANIA AVE NW 163
WASHINGTON,DC20006 		N/A   General & Unrestricted 500

PUBLIC EDUCATION FUND OF CHARLOTTESVILLE-ALBEMARLE

123 E MAIN ST STE 5
CHARLOTTESVLE,VA22902 		N/A   General & Unrestricted 1,500

RECTOR & VISITORS OF THE UNIVERSITY OF VIRGINIA

PO BOX 400811
CHARLOTTESVILLE,VA22904 		N/A   WTJU Fall Fund Raising Campaign 1,000

RECTOR & VISITORS OF THE UNIVERSITY OF VIRGINIA

PO BOX 400869
CHARLOTTESVILLE,VA22904 		N/A   General & Unrestricted 7,500

RECTOR & VISITORS OF THE UNIVERSITY OF VIRGINIA

PO BOX 37963
BOONE,IA50037 		N/A   General & Unrestricted 2,500

RECTOR & VISITORS OF THE UNIVERSITY OF VIRGINIA

PO BOX 400869
CHARLOTTESVILLE,VA22904 		N/A   Film Festival 2025 2,000

RECTOR & VISITORS OF THE UNIVERSITY OF VIRGINIA

PO BOX 400331
CHARLOTTESVILLE,VA22904 		N/A   to support the 2025 summer season of the Virginia Theater Festival 7,500

REEF ENVIRONMENTAL EDUCATION FOUNDATION INCORPORAT

PO BOX 370246
KEY LARGO,FL33037 		N/A   General & Unrestricted 500

RELEAF CVILLE

PO BOX 354
CHARLOTTESVLE,VA22902 		N/A   General & Unrestricted 2,500

ROCKY FOUNDATION

5793 LOUISA RD
KESWICK,VA22947 		N/A   General & Unrestricted 6,500

ROLE MODEL MOVEMENT INC NFP

47 W POLK ST STE 100
CHICAGO,IL60605 		N/A   General & Unrestricted 500

RUSKIN GROUP THEATRE COMPANY

20750 VENTURA BLVD STE 204
WOODLAND HLS,CA91364 		N/A   to support the building of a new theatre space 1,000

SAN DIEGO MUSICAL THEATRE

4650 MERCURY ST
SAN DIEGO,CA92111 		N/A   General & Unrestricted 1,500

SANTA MONICA GROUP THEATRE

1211 4TH ST
SANTA MONICA,CA90401 		N/A   General & Unrestricted 1,000

SARASOTA AUDUBON SOCIETY INC

999 CENTER RD
SARASOTA,FL34240 		N/A   to support the preservation of the Celery Fields area and to defeat the rezoning proposal to build houses there 500

SARASOTA AUDUBON SOCIETY INC

999 CENTER RD
SARASOTA,FL34240 		N/A   General & Unrestricted 500

SARASOTA OPERA ASSOCIATION INC

61 N PINEAPPLE AVE
SARASOTA,FL34236 		N/A   General & Unrestricted 2,500

SIDE BY SIDE VA INC

PO BOX 5542
RICHMOND,VA23220 		N/A   To support CHARLOTTESVILLE PROGRAMS. 1,000

SIDWELL FRIENDS SCHOOL

3825 WISCONSIN AVE NW
WASHINGTON,DC20016 		N/A   funds For improvements to the Mary Ellen Caplin theatre 3,000

SIERRA MADRE PLAYHOUSE

87 W SIERRA MADRE BLVD
SIERRA MADRE,CA91024 		N/A   General & Unrestricted 1,000

SKYLIGHT THEATRE COMPANY

1816 1/2 N VERMONT AVE
LOS ANGELES,CA90027 		N/A   General & Unrestricted 1,500

SMITHSONIAN INSTITUTION

MRC 937 PO BOX 37012
WASHINGTON,DC20013 		N/A   General & Unrestricted 1,000

SOME INC

71 O ST NW
WASHINGTON,DC20001 		N/A   General & Unrestricted 500

SOUTHERN ENVIRONMENTAL LAW CENTER

120 GARRETT ST STE 400
CHARLOTTESVILLE,VA22902 		N/A   General & Unrestricted 6,000

SOUTHERN POVERTY LAW CENTER INC

400 WASHINGTON AVE
MONTGOMERY,AL36104 		N/A   General & Unrestricted 1,000

STRONG QUALITY BASKETBALL ASSOCIATION

362 TWYMANS MILL RD
RADIANT,VA22732 		N/A   academic scholarship fund in addition to athletic training 8,000

STRONG QUALITY BASKETBALL ASSOCIATION

362 TWYMANS MILL RD
RADIANT,VA22732 		N/A   Charitable Event 1,200

THE CARTER CENTER INC

453 FREEDOM PKWY NE ONE COPENHILL
ATLANTA,GA30307 		N/A   General & Unrestricted 1,000

THE CHANCE THEATER

5522 E LA PALMA AVE
ANAHEIM,CA92807 		N/A   General & Unrestricted 1,800

THE DANCE RESOURCE CENTER OF GREATER LOS ANGELES

3773 CRENSHAW BLVD
LOS ANGELES,CA90016 		N/A   Performing Arts for All Programming managed by Heather Lipson 1,500

THE EDGAR AND ELEANOR SHANNON FDN FOR EXCELLENCE I

1368 REAS FORD RD
EARLYSVILLE,VA22936 		N/A   General & Unrestricted 1,500

THE LAGUNA PLAYHOUSE

606 LAGUNA CANYON RD
LAGUNA BEACH,CA92651 		N/A   General & Unrestricted 1,500

THE MINNESOTA OPERA

620 N 1ST ST
MINNEAPOLIS,MN55401 		N/A   General & Unrestricted 2,000

THE NEW YORK CENTER FOR CHILDREN

333 EAST 70TH ST
NEW YORK,NY10021 		N/A   General & Unrestricted 7,500

THE NIGHT MINISTRY

1735 N ASHLAND AVE STE 2000
CHICAGO,IL60622 		N/A   General & Unrestricted 1,000

THE OPEN FIST THEATRE COMPANY INC

14535 ARMINTA ST STE E
VAN NUYS,CA91402 		N/A   General & Unrestricted 1,000

THE OTHER SIDE OF THE HILL PRODUCTIONS INC

10747 MAGNOLIA BLVD 500
NORTH HOLLYWOOD,CA91601 		N/A   General & Unrestricted 1,500

THE PARAMOUNT THEATER INC

215 E MAIN ST
CHARLOTTESVLE,VA22902 		N/A   Grand Marquee Gala 5,000

THE SALVATION ARMY

PO BOX 296
CHARLOTTESVILLE,VA22901 		N/A   General & Unrestricted 500

THE VOTER PARTICIPATION CENTER

1707 L ST NW STE 700
WASHINGTON,DC20036 		N/A   General & Unrestricted 300

THEATRE AT BOSTON COURT

70 N MENTOR AVE
PASADENA,CA91106 		N/A   General & Unrestricted 1,800

THEATRE FORTY INC

17595 HARVARD STE C 139
IRVINE,CA92614 		N/A   General & Unrestricted 1,500

THEATRE PALISADES

PO BOX 881
PACIFIC PLSDS,CA90272 		N/A   General & Unrestricted 2,000

TOM TOM FOUNDATION

100 W S ST APT 1D
CHARLOTTESVLE,VA22902 		N/A   General & Unrestricted 3,000

TRINITY EPISCOPAL CHURCH

1118 PRESTON AVE
CHARLOTTESVILLE,VA22903 		N/A   to support the Bread and Roses program, and also the Gertrude Mitchell house 2,000

TWICE IS NICE INC

923 PRESTON AVE STE B
CHARLOTTESVLE,VA22903 		N/A   capital campaign 1,000

UNION OF CONCERNED SCIENTISTS INC

2 BRATTLE SQ
CAMBRIDGE,MA02138 		N/A   General & Unrestricted 1,000

UNION RIDGE BAPTIST CHURCH

2980 HYDRAULIC RD
CHARLOTTESVILLE,VA22901 		N/A   General & Unrestricted 1,000

UNITED WAY OF GREATER CHARLOTTESVILLE

200 GARRETT ST STE I
CHARLOTTESVILLE,VA22902 		N/A   General & Unrestricted 1,000

UNIVERSITY OF VIRGINIA LAW SCHOOL FOUNDATION

580 MASSIE RD
CHARLOTTESVILLE,VA22903 		N/A   Scholarship Fund at Mortimer M. Caplin Public Service Center 5,000

URBANITE THEATRE INC

1487 2ND ST
SARASOTA,FL34236 		N/A   to support "JOB"The Apiary" 3,500

VIRGINIA MUSEUM OF FINE ARTS FOUNDATION

201 N ARTHUR ASHE BLVD
RICHMOND,VA23220 		N/A   Frieda Charlottesville Lecture fund 2,500

VIRGINIA TECH FOUNDATION INC

902 PRICES FORK RD STE 4500
BLACKSBURG,VA24061 		N/A   Charlottesville Programming 1,000

VOLUNTEERS IN PSYCHOTHERAPY INC

7 S MAIN ST STE 208
W HARTFORD,CT06107 		N/A   General & Unrestricted 2,500

WAKE FOREST BAPTIST CHURCH

3075 ROLLING RD
SCOTTSVILLE,VA24590 		N/A   General & Unrestricted 1,000

WAYNESBORO PLAYERS INC

PO BOX 937
WAYNESBORO,VA22980 		N/A   General & Unrestricted 1,000

WESTCOAST BLACK THEATRE TROUPE OF FLORIDA INC

1012 N ORANGE AVE
SARASOTA,FL34236 		N/A   General & Unrestricted 1,000

WHITE STORK - UNITED STATES LTD

568 LINCOLN AVE UNIT 11
WINNETKA,IL60093 		N/A   General & Unrestricted 500

WILD VIRGINIA INCORPORATED

PO BOX 1065
CHARLOTTESVLE,VA22902 		N/A   the Safe Wildlife Corridors project or other similar endeavors 200

WILDLIFE CENTER OF VIRGINIA

PO BOX 1557
WAYNESBORO,VA22980 		N/A   General & Unrestricted 1,000

WORLD AS ONE

PO BOX 4018
MALIBU,CA90264 		N/A   General & Unrestricted 500

WORLD CENTRAL KITCHEN INCORPORATED

PO BOX 96538
WASHINGTON,DC20090 		N/A   General & Unrestricted 250

YGGDRASIL URBAN WILDLIFE RESCUE

2200 25TH ST
SAN FRANCISCO,CA94107 		N/A   General & Unrestricted 4,500

YOUTH ORCHESTRAS OF CENTRAL VIRGINIA INC

PO BOX 4845
CHARLOTTESVLE,VA22905 		N/A   General & Unrestricted 1,000

ZEPHYRUS

1702 KING MOUNTAIN RD
CHARLOTTESVLE,VA22901 		N/A   General & Unrestricted 500
Total ................................. 3a 403,350
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 ........... 		    14 14,668  
4 Dividends and interest from securities ....     14 82,378  
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 2,600,516  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aCLASS ACTION LAWSUIT PROCEEDS 		    01 150  
bINCOME FROM MINING & LEASEHOLD INTERESTS 211120 10,277      
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 10,277 2,697,712  
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,707,989
(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

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

TY 2025 DepreciationSchedule
Name:
Caplin Foundation
EIN:
52-6078981
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

TY 2025 InvestmentsCorpStockSchedule
Name:
Caplin Foundation
EIN:
52-6078981
Name of Stock End of Year Book Value End of Year Fair Market Value
3M CO 11,139 12,488
AAON, INC 4,048 3,965
ABBOTT LABS 6,267 6,139
ABBVIE INC 6,910 8,911
ACUITY BRANDS INC 4,638 5,041
ADOBE SYSTEMS, INC 29,343 23,799
ADVANCED ENERGY IND INC 4,235 7,328
ADVANCED MICRO DEVICES INC 10,841 9,209
AIR PRODS & CHEM INC 21,801 18,527
ALBANY INTERNATIONAL CORP 3,326 2,079
ALCON INC 22,635 21,121
ALEXANDRIA REAL ESTATE EQUITIE 2,554 1,224
ALIBABA GROUP HOLDING LTD 6,576 8,795
ALNYLAM PHARMACEUTICALS, INC 4,122 4,772
ALPHABET INC CL C 67,841 109,830
ALPHATEC HOLDNGS ORD SHS 3,178 5,849
AMADEUS IT HLDS SA 11,786 10,874
AMAZON COM 31,790 31,853
AMBARELLA INC 2,419 2,125
AMER INTERNATIONAL GROUP INC 23,817 27,034
AMERICAN WATER WORKS COMPANY I 22,684 23,360
AMERIPRISE FINANCIAL INC 35,971 32,362
AMERISAFE INC 6,741 5,301
AMGEN INC 22,243 26,839
AMPHENOL CORPORATION 5,375 8,514
AON PLC CL A 16,512 15,880
APPLE INC 67,140 80,471
APPLOVIN CORP 6,371 10,781
ARGENX SE 17,623 23,547
ARHAUS INC 5,130 4,921
ASML HOLDING NV NY REG SHS 4,912 11,768
ASTRAZENECA PLC SP ADR 9,081 12,502
ATKORE INTERNATIONAL GROUP INC 3,589 3,289
ATLAS COPCO AB A SHS ADR 6,243 6,698
ATMOS ENERGY CORP 31,917 36,711
ATS CORPORATION 5,825 6,031
AUTOZONE INC 19,319 20,349
AVNET INC 4,265 3,846
AZZ INCORPORATED 3,595 4,394
BATH & BODY WORKS, INC 2,524 1,365
BEONE MEDICINES LTD 11,043 14,279
BERKSHIRE HATHAWAY INC. CLASS 2,309 6,032
BLACKLINE INC 4,936 4,755
BORG WARNER INC 1,290 1,802
BROADCOM INC 32,015 52,607
BROOKFIELD ASSET MANAGEMENT LT 16,480 15,507
CABOT CP 3,460 2,585
CAPITAL ONE FINANCIAL CORP 40,307 51,380
CARVANA CO. 7,436 8,862
CBRE GROUP 5,726 6,753
CCC INTELLIGENT SOLUTIONS HOLD 7,888 5,899
CELESTICA INC. SV 3,025 4,434
CHARLES RIV LABORATORIES INTL 2,473 2,992
CHARLES SCHWAB CORP 5,330 6,894
CIENA CORP 4,740 5,613
CLEARWATER ANALYTICS HOLDINGS, 5,897 7,067
CLOUDFLARE, INC. 8,794 8,477
CONMED CORPORATION 1,153 690
CONSTELLATION BRANDS INC 13,837 10,347
CORTEVA INC 33,966 36,598
COTERRA ENERGY INC 25,977 23,846
CROWDSTRIKE HOLDINGS, INC 6,356 6,094
CULLEN FROST BANKERS INC 19,277 17,095
D R HORTON 8,398 8,210
DANAHER CORP 3,334 2,581,988
DARDEN RESTAURANTS INC 2,728 2,760
DARLING INGREDIENTS INC 3,099 3,024
DASSAULT SYS SA SPN ADR 7,711 6,003
DEERE CO 4,704 4,656
DEUTSCHE BANK AG 7,032 14,229
DIAMONDBACK ENERGY INC 5,781 4,811
DIGI INTERNATIONAL INC 3,456 4,978
DOORDASH ORD SHS CLASS A 3,613 4,530
DORMAN PRODUCTS INC 2,577 2,464
DUTCH BROS INC 3,197 3,367
EAGLE MATERIALS INC 2,674 2,687
EASTGROUP PROPERTIES INC 3,078 3,385
EASTMAN CHEMICAL CO 2,696 1,979
ECOLAB INC 24,844 27,302
ELI LILLY & CO 22,892 22,568
ENTEGRIS INC 3,587 2,865
EQUITY LIFESTYLE PRP 18,140 16,486
ESCO TECH INC 1,744 2,540
ESSILOR INTL ADR 10,214 12,832
EXPONENT, INC 6,762 5,487
FERGUSON PLC 9,576 10,909
FIRST INTERSTATE BANCSYSTEM IN 5,909 6,297
FIRSTCASH HOLDINGS INC 3,034 4,303
FLEXTRONICS INTERNATIONAL 5,636 7,975
FLOOR AND DECOR HOLDINGS 4,848 4,567
FRANKLIN STREET PROPERTIES COR 89,984 16,351
FRESHPET INC 6,541 3,595
GARMIN LTD 9,284 8,723
GATX CORP INC 4,635 5,088
GE VERNOVA 15,952 16,339
GEN DYNAMICS CP 22,667 28,616
GENERAL ELECTRIC CO 12,430 14,169
GILEAD SCIENCES INC 6,473 7,364
GITLAB INC 6,072 5,479
GLAUKOS CORP 5,410 5,758
GOLDMAN SACHS GROUP 15,755 21,096
HALOZYME THERAPEUTICS, INC 1,711 2,086
HANNOVER RUCKVISCG SP/ADR 8,673 10,362
HAYWARD HOLDINGS INC 3,786 4,218
HELIOS TECHNOLOGIES 4,067 4,921
HIMS & HERS HEALTH, INC 4,236 2,663
HSBC HOLDINGS PLC 9,550 14,869
HUNTINGTON INGALLS INDUSTRIES 2,637 4,421
INFINEON TECH ADS 10,057 11,964
INSMED INC COM DE 10,630 16,360
INTERCONTINENTAL HOTELS GROUP 11,307 12,534
INTERNATIONAL BUSINESS MACHINE 12,533 15,403
INTUIT 6,655 7,287
ISHARES CORE MSCI EMERGING MAR 300,958 385,707
JBT MAREL CORPORATION 2,892 3,465
JFROG 2,648 4,997
JOHNSON & JOHNSON 9,659 10,761
JP MORGAN STRATEGIC INCOME OPP 75,018 72,910
KINGSPAN GROUP 6,725 7,491
L'AIR LIQUIDE ADR OTC 7,092 9,240
L'OREAL ADR 12,816 15,503
LENNAR CORP 20,864 26,317
LITTELFUSE, INC 3,434 3,794
LKQ CORPORATION 2,220 1,752
LONDON STK EXCHANGE GROUP 7,467 7,215
LOWES COMPANIES INC 19,811 22,910
MARTIN MARIETTA MATLS INC 31,462 36,114
MASCO CORP 4,303 3,490
MASTERCARD INC 28,530 30,828
MCDONALD'S CORP 4,819 5,196
MCKESSON CORP 7,363 9,843
MDU RESOURCES GROUP 4,053 4,041
MEDTRONIC PLC 15,908 17,291
MERCADOLIBRE, INC 12,906 14,100
MERCK & CO INC 20,132 22,947
META PLATFORMS INC 25,829 27,724
MICROCHIP TECHNOLOGY INC 20,645 22,557
MICROSOFT CORP 137,507 151,372
MIDDLEBY CORPORATION 3,843 4,014
MITSUBISHI UFJ FINANCIAL GROUP 31,593 38,381
MOOG INC CL A 5,786 6,819
MURPHY OIL CP HLDG 4,423 4,344
NATERA INC 9,269 11,913
NETFLIX INC 7,416 7,782
NEXTRACKER INC 2,472 4,878
NINTENDO CO LTD ADR UNSPON 15,064 12,561
NOV INC 2,620 2,641
NOVANTA INC 3,387 3,808
NU HOLDINGS LTD 9,008 13,007
NVIDIA CORP 106,710 140,621
NXP SEMICONDUCTORS 9,693 10,202
ORACLE CORP 18,505 11,890
OSHKOSH CORP 15,963 20,980
PALANTIR TECHNOLOGIES INC 14,653 16,531
PALO ALTO NETWORKS INC 2,665 2,763
PARKER HANNIFIN CP 52,230 68,559
PARSONS ORD SHS 2,515 2,472
PEBBLEBROOK HOTEL TR COM 1,789 1,472
PERFORMANCE FOOD GROUP COMPANY 4,816 4,946
PHILIP MORRIS INTL 11,279 11,068
PIMCO UNCONSTRAINED BOND FUND 42,390 40,170
PINNACLE FINANCIAL PARTNERS IN 4,413 3,530
PNC FINANCIAL GROUP INC 25,400 26,509
POPULAR, INC. 3,778 4,732
POTLATCHDELTIC CORP 2,541 2,387
POWER INTEGRATIONS, INC 4,478 3,696
PROCTER GAMBLE CO 23,715 21,067
QUALCOMM INC 28,290 29,421
QUANTA SVCS INC 4,423 5,487
R2000 STARS ISS BNS 7.83% DUE 250,000 242,999
RAYMOND JAMES FINANCIAL INC 4,001 3,854
RAYTHEON TECHNOLOGIES CORP 5,352 6,969
RECRUIT HOLDINGS CO 6,322 5,220
REGAL REXNORD CORP 2,809 2,666
REINSURANCE GROUP AMER INC 5,830 5,290
RELX PLC 7,774 9,903
RENAISSANCERE HOLDINGS LTD 3,611 3,936
ROBINHOOD 9,203 11,310
ROBLOX ORD SHS CLASS A 9,269 5,753
ROLLS ROYCE GRP PLC S/ADR 9,202 20,295
RPM INTERNATIONAL INC 28,231 23,192
SAFRAN SA - UNSPON ADR 11,120 16,540
SANMINA-SCI CORPORATION 3,898 7,053
SAP AKTIENGESELL ADS 11,272 10,445
SCHNEIDER ELEC UNSP/ADR 6,464 14,997
SCHNEIDER NATIONAL INC 3,664 3,263
SCOTTS CO. CLASS A 2,042 1,692
SEA LTD 7,880 5,996
SERVICE NOW 12,745 9,191
SHELL ADR EACH REPRESENTING 2 7,708 10,067
SHOPIFY INC 10,515 13,682
SIEMENS ENERGY AG 10,003 26,348
SILICON LABORATORIES, INC 3,258 3,137
SIMPSON MANUFACTURING CO INC 2,537 2,422
SNAP ON INC 4,191 4,135
SNOWFLAKE INC 2,309 2,852
SOFI TECHNOLOGIES ORD SHS 7,378 8,378
SONOCO PRODUCTS COMPANY 1,818 1,658
SONY GROUP CORP 33,905 47,693
SPOTIFY TECHNOLOGY SA 9,254 11,033
STAG INDUSTRIAL INC 2,987 3,198
STIFEL FINANCIAL CP 5,002 5,510
SX5E LIRN ISS BOFA 154.61% DUE 400,001 428,399
SYNOPSYS, INC 34,396 31,941
TAIWAN SEMICONDUCTOR MFG CO LT 11,505 33,428
TELEDYNE TECH INC 22,804 24,515
TESLA MOTORS INC 32,979 40,925
THE BLACKSTONE GROUP INC CL A 28,230 24,508
THE COCA-COLA CO 28,100 31,390
TIMKEN CO COM 2,307 2,524
TOKYO ELECTRON LTD 7,966 9,415
TOTALENERGIES SE 19,244 21,916
TOYOTA MTR CORP 11,948 13,272
TRANE TECHNOLOGIES PLC 4,293 4,281
TRINET GROUP, INC 1,559 1,005
UBER 24,356 24,922
UBS AG 16,052 21,812
UCB UNSP ADR 13,281 20,545
UMB FINANCIAL CORPORATION 3,330 3,221
UNICREDIT SPA 7,313 13,892
UNILEVER PLC AMER 5,153 6,671
UNITED BANKSHARES, INC 3,995 3,994
US BANCORP 28,457 31,536
VERACYTE INC 3,939 4,168
VERALTO CORPORATION 915 715,821
VERICEL ORD SHS 2,763 2,773
VERIZON COMMUNICATIONS 23,816 25,008
VERRA MOBILITY CORPORATION 2,186 1,927
VISA INC 4,015 4,209
VISTRA ENERGY CORP 2,605 2,097
VITAL SIGNS INC. 3,245 2,459
VORNADO RLTY TR 5,867 4,726
WAL-MART STORES INC 14,233 17,269
WEBSTER FINL CORP 2,507 2,643
WELLS FARGO & CO 24,398 28,426
WESBANCO INC 3,185 3,324
WESTERN DIGITAL CORP 5,561 5,685
WEX, INC 3,314 2,682
XCEL ENERGY INC 22,607 25,039
ZURN WATER SOLUTIONS 1,798 2,185

TY 2025 InvestmentsGovtObligationsSch
Name:
Caplin Foundation
EIN:
52-6078981
US Government Securities - End of Year Book Value:

206,416
US Government Securities - End of Year Fair Market Value:

207,008
State & Local Government Securities - End of Year Book Value:


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


 


TY 2025 InvestmentsOtherSchedule2
Name:
Caplin Foundation
EIN:
52-6078981
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
MINERAL RIGHTS   0 100,000

TY 2025 OtherExpensesSchedule
Name:
Caplin Foundation
EIN:
52-6078981
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Administrative Fees 39,215     39,215
Bank Charges 1,008 1,008    
Registered Agent Fee 586     586


TY 2025 OtherIncomeSchedule2
Name:
Caplin Foundation
EIN:
52-6078981
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
Class Action Lawsuit Proceeds 150 150  
INCOME FROM MINING & LEASEHOLD INTERESTS 10,277    


TY 2025 OtherIncreasesSchedule
Name:
Caplin Foundation
EIN:
52-6078981
Description Amount
RETURNED GRANTS 8,500


TY 2025 OtherProfessionalFeesSchedule
Name:
Caplin Foundation
EIN:
52-6078981
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment Management Services 32,762 32,762    


TY 2025 ReasonableCauseExplanation
Name:
Caplin Foundation
EIN:
52-6078981
Explanation:
We respectfully request that Caplin Foundation's quarterly estimated taxes for taxable year ending December 31, 2025 be treated as timely and request that the $1,706 penalty indicated on Form 2220 be abated because the underpayment in Q1-4 was due to reasonable cause. Treasury Regulations Sec 301.6651-1(c)(1) defines reasonable by asking whether the taxpayer exercised ordinary business care and prudence. The Foundation exercised care and prudence in seeking a reputable firm knowledgeable about exempt organizations to calculate its quarterly estimates for tax period ending December 31, 2025. The firm was unable to reconcile the Foundation's accounts fully in order to calculate the necessary estimated tax payment for Q1-4 based on the annualization method. The underpayment was no fault of the foundation's and the firm is enhancing its procedures to improve its reconciliation process for future quarters. We believe that the underpayment was due to reasonable cause and in no way due to an intentional disregard for the rules, and respectfully request that no 2220 penalty be assessed.

TY 2025 TaxesSchedule
Name:
Caplin Foundation
EIN:
52-6078981
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
990-PF Estimated Tax for 2025 2,400      
990-T Income Tax for 2023 925      
990-T Income Tax for 2024 2,322      
Foreign Tax Paid 1,617 1,617    
IRS MISCELLANEOUS FEE 19      
STATE INCOME TAX 2023 200      
STATE INCOME TAX 2024 611