TY 2025 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0047

2025

Open to Public Inspection

For calendar year 2025, or tax year beginning 01 - 01 2025, and ending 12 - 31, 20 25

Name of foundation
SHIVERS CANCER FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address) 1111 W 6TH STREET BLDG B SUITE
Room/suite

City or town
AUSTIN

State or province
TX

Country

ZIP or foreign postal code
78703

A Employer identification number

74-1715889

B Telephone number (see instructions)

5124792662

C If exemption application is pending, check here

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

Address change Name change

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

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

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

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

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

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)$13,415,567J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)	710
2	Check .................
3	Interest on savings and temporary cash investments	1,168		1,168
4	Dividends and interest from securities...	348,795		348,795
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		946,152
b	Gross sales price for all assets on line 6a 10,087,434
7	Capital gain net income (from Part IV, line 2)...			946,152
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	1,296,825		1,296,115
13	Compensation of officers, directors, trustees, etc.	75,000		7,500	67,500
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......	5,791		579	5,212
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	10,238	5,119	5,119
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	76,888	76,888	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	20,424	9,064	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	13,788	6,089	7,699
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	202,129		105,239	85,530
25	Contributions, gifts, grants paid.......	504,120			504,120
26	Total expenses and disbursements. Add lines 24 and 25 ................	706,249		105,239	589,650
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	590,576
b	Net investment income (if negative, enter -0-)			1,190,876
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2025)

Form 990-PF (2025)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	39,190	36,096	36,096
	2	Savings and temporary cash investments.........	322,446	733,060	733,060
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	1,517,314	List of Attached Documents: // Content 1,163,893	1,163,088
	b	Investments—corporate stock (attach schedule).......	6,491,862	List of Attached Documents: // Content 6,787,969	9,282,548
	c	Investments—corporate bonds (attach schedule).......	1,930,201	List of Attached Documents: // Content 2,170,565	2,200,775
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........
	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)	10,301,013	10,891,583	13,415,567
	17	Accounts payable and accrued expenses..........	60	54
	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).........	60	54
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	0	0
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	10,300,953	10,891,529
	29	Total net assets or fund balances (see instructions).....	10,300,953	10,891,529
	30	Total liabilities and net assets/fund balances (see instructions).	10,301,013	10,891,583

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............

10,300,953

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

590,576

Other increases not included in line 2 (itemize)

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

10,891,529

Decreases not included in line 2 (itemize)

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

10,891,529

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
1 a	PUBLICLY TRADED SECURITIES
b	CAPITAL GAINS DIVIDENDS	P
c
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	10,065,669	9,141,282	924,387
b	21,765		21,765
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			924,387
b			21,765
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	946,152
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 .........................		3

Part V

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	16,553
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	16,553
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	16,553
6	Credits/Payments:

a	2025 estimated tax payments and 2024 overpayment credited to 2025	6a	11,360
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ..........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	11,360
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. List of Attached Documents: // Content		8	83
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	5,276
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2026 estimated tax	Refunded	11
	For Refunded amount, also complete and attach Form 8050. See instructions.

Form 990-PF (2025)

Page 4

Part VI-A

Statements Regarding Activities

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

Yes

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

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

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

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

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

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

(1) On the foundation. $ 0(2) On foundation managers.$ 0

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

on foundation managers.$ 0

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

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

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

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

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

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

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

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

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument? ................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XIV..................................

Yes

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

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2025 or the taxable year beginning in 2025? See the instructions for Part XIII.

If "Yes," complete Part XIII .............................

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

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

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement. See instructions.................

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

Yes

Website addressWWW.SHIVERSCANCERFOUNDATION.ORG

The books are in care ofPATRICIA YOUNG BROWN Telephone no. (512) 771-6919

Located at1111 W 6TH STREET BLDG B SUITE 400AUSTINTX ZIP+478703

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........

and enter the amount of tax-exempt interest received or accrued during the year ........

16 At any time during calendar year 2025, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country? .................

16 No

See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country

Form 990-PF (2025)

Page 5

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........

1a(1)

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

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

1a(2)

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

1a(3)

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............

1a(4)

Yes

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)? ......................

1a(5)

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.) ...............

1a(6)

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........

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

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2025? .............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2025, did the foundation have any undistributed income (Part XII, lines 6d

and 6e) for tax year(s) beginning before 2025?....................

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

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

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

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

If "Yes," did it have excess business holdings in 2025 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Form 4720, Schedule C, to determine

if the foundation had excess business holdings in 2025.).....................

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

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2025? ..

Form 990-PF (2025)

Page 6

Part VI-B

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

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

Yes

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

5a(1)

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive? ....................

5a(2)

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

5a(3)

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

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

5a(4)

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals? .............

5a(5)

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........

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

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant? .................

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

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

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

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

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

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

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

Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or

excess parachute payment during the year? .........................

Part VII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation. See instructions

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)
CLARKE HEIDRICK	CHAIR 0.10	0
1111 W 6TH STREET BLDG B SUITE 400 AUSTIN,TX78703	CHAIR 0.10	0
ROBERT E ASKEW JR MD	DIRECTOR 0.10	0
1111 W 6TH STREET BLDG B SUITE 400 AUSTIN,TX78703	DIRECTOR 0.10	0
LEW LITTLE	DIRECTOR 0.10	0
1111 W 6TH STREET BLDG B SUITE 400 AUSTIN,TX78703	DIRECTOR 0.10	0
BRITT STEFFENSEN	SECRETARY 0.10	0
1111 W 6TH STREET BLDG B SUITE 400 AUSTIN,TX78703	SECRETARY 0.10	0
SHANNON COX MD	DIRECTOR 0.10	0
1111 W 6TH STREET BLDG B SUITE 400 AUSTIN,TX78703	DIRECTOR 0.10	0
DEBRA PATT MD	DIRECTOR 0.10	0
1111 W 6TH STREET BLDG B SUITE 400 AUSTIN,TX78703	DIRECTOR 0.10	0
PATRICIA YOUNG BROWN	DIRECTOR/EXECUTIVE DIRECTOR 20.00	75,000
1111 W 6TH STREET BLDG B SUITE 400 AUSTIN,TX78703	DIRECTOR/EXECUTIVE DIRECTOR 20.00	75,000

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

Form 990-PF (2025)

Page 7

Part VII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
UBS FINANCIAL SERVICES INC	INVESTMENT ADVISORY	67,668
98 SAN JACINTO BLVD SUITE 600 AUSTIN,TX78701	INVESTMENT ADVISORY	67,668

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.........................0

Form 990-PF (2025)

Page 8

Part IX

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

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

purposes:

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

12,652,209

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

325,696

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

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

12,977,905

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

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

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

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

12,977,905

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

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

194,669

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

12,783,236

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

639,162

Part X

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here and do not complete this part.)

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

639,162

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

16,553

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

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

16,553

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

622,609

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

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

622,609

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

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

622,609

Part XI

Qualifying Distributions (see instructions)

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

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

589,650

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

589,650

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					622,609
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only.......				0
b Total for prior years:20 , 20, 20			0
3 Excess distributions carryover, if any, to 2025:
a From 2020......
b From 2021......
c From 2022......
d From 2023......
e From 2024......	433,111
f Total of lines 3a through e ........		433,111
4Qualifying distributions for 2025 from Part
XI, line 4: $ 589,650
a Applied to 2024, but not more than line 2a				0
b Applied to undistributed income of prior years (Election required—see instructions) .....			0
c Treated as distributions out of corpus (Election required—see instructions) ........		List of Attached Documents: // Content 510
d Applied to 2025 distributable amount.....					589,140
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2025.		33,469			33,469
(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		400,152
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2024. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2025. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2026 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		510
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 ......		399,642
10 Analysis of line 9:
a Excess from 2021 ....
b Excess from 2022 ....
c Excess from 2023 ....
d Excess from 2024 ....	399,642
e Excess from 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 4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part IX for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2025	(b) 2024	(c) 2023	(d) 2022	(e) Total

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

Part XIV

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

1Information Regarding Foundation Managers:

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

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)

Page 11

Part XIV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
THE MIRACLE FOUNDATION INC 1506 W 6TH STREET AUSTIN,TX78703			TO FUND ORGANIZATION'S EXEMPT PURPOSE.	5,000
BREAST CANCER RESOURCE CENTER 8127 MESA DRIVE B206 AUSTIN,TX78759			TO FUND ORGANIZATION'S EXEMPT PURPOSE.	15,000
TRAVIS COUNTY HEALTHCARE DISTRICT 1111 EAST CESAR CHAVEZ ST AUSTIN,TX78702			TO FUND ORGANIZATION'S EXEMPT PURPOSE.	84,120
RONALD MCDONALD HOUSE CHARITIES OF CENTRAL TEXAS INC 1315 BARBARA JORDAN BLVD AUSTIN,TX78723			TO FUND ORGANIZATION'S EXEMPT PURPOSE.	100,000
DELL CHILDREN'S FOUNDATIONCMC FOUNDATION OF CENTRAL TEXAS PO BOX 45998 ST LOUIS,MO63145			TO FUND ORGANIZATION'S EXEMPT PURPOSE.	300,000
Total ................................. 3a				504,120

bApproved for future payment

Total ................................. 3b				0

Form 990-PF (2025)

Page 12

Part XV-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........			14	1,168
4 Dividends and interest from securities ....			14	348,795
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	946,152
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		0		1,296,115	0

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

1,296,115

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

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2025)

Page 13

Part XVI

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

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Yes

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........Yes No

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2025)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2025 AccountingFeesSchedule

Name:

SHIVERS CANCER FOUNDATION

EIN:

74-1715889

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
RETURN PREP AND COMPLIANCE	10,238	5,119		5,119

- TIN:

TY 2025 DistributionFromCorpusElection

Name:

SHIVERS CANCER FOUNDATION

EIN:

74-1715889

Election:

ELECTION TO TREAT QUALIFYING DISTRIBUTION AS BEING MADE OUT OF THE UNDISTRIBUTED INCOME OF A DESIGNATED PRIOR TAX YEAR OR OUT OF CORPUS UNDER REG. 53.4942(A)-3(D)(2)SHIVERS CANCER FOUNDATION DECLARES THAT IT IS MAKING AN ELECTION UNDER REG. 53.4942(A)-3(D)(2) TO TREAT ITS QUALIFYING DISTRIBUTION FOR THE TAX YEAR ENDING 12/31/2025 AS SET FORTH BELOW.THE QUALIFIED DISTRIBUTION TOTALED $ 510 AND SHALL FIRST BE MADE OUT OF THE UNDISTRIBUTED INCOME OF THE IMMEDIATELY PRECEDING TAX YEAR IN THE AMOUNT OF $ 0.THEREAFTER, THE QUALIFIED DISTRIBUTION SHALL BE MADE OUT OF UNDISTRIBUTED INCOME OF THE FOLLOWING DESIGNATED PRIOR TAX YEARS AND/OR CORPUS AS FOLLOWS:$ 0 OUT OF THE UNDISTRIBUTED INCOME OF THE TAX YEAR ENDING DECEMBER 31, 2023.$ 0 OUT OF THE UNDISTRIBUTED INCOME OF THE TAX YEAR ENDING DECEMBER 31, 2022.$ 510 OUT OF CORPUS.SHIVERS CANCER FOUNDATIONBY: PATRICIA YOUNG BROWN, EXECUTIVE DIRECTORDATE: MAY 15, 2026

- TIN:

TY 2025 InvestmentsCorpBondsSchedule

Name:

SHIVERS CANCER FOUNDATION

EIN:

74-1715889

Name of Bond	End of Year Book Value	End of Year Fair Market Value
SCHWAB CHARLES CORP	33,899	33,794
BANK AMERICA CORP	33,632	33,343
AIR LEASE CORP	66,852	66,815
AMERICAN ELEC PWR	67,184	67,213
BANK OF AMERICA CORP	67,274	67,307
BOEING CO SR UNSECURED	66,804	66,788
BROADCOM INC SR NT 4.35%30	67,400	67,437
CAPITAL ONE FINL CORP	66,647	66,679
CHENIERE CORPUS CHRISTI HLDGS	67,655	67,648
CITIGROUP INC	67,123	67,033
DUKE ENERGY CORP	67,317	67,329
EDISON INTL	34,006	34,078
ENERGY TRANSFER LP (OLD NAME	67,208	67,204
EXTRA SPACE STORAGE LP	67,394	67,330
FEDL HOME LOAN MTG CORP#RQ0084	318,888	319,206
FEDL HOME LOAN MTG CORP#SD8264	245,152	245,662
FNMA GTD PASS THRU POOL#MA5700	176,740	176,929
FNMA GTD PASS THRU POOL#MA5943	85,857	85,931
HCA INC	67,141	67,096
HEWLETT PACKARD ENTERPRISE CO	67,472	67,385
ORACLE CORP	67,584	66,651
TRUIST FINANCIAL CORPORATION	66,899	66,884
U S BANCORP	67,196	67,214
VALERO ENERGY CORP NEW	67,202	67,169
VERIZON COMMUNICATIONS INC	66,931	66,948
WELLS FARGO & CO	33,108	33,148
ACCRUED INTEREST	0	30,554

- TIN:

TY 2025 InvestmentsCorpStockSchedule

Name:

SHIVERS CANCER FOUNDATION

EIN:

74-1715889

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ALIBABA GROUP HLDG LTD SPON ADR	2,015	1,759
ALPHABET INC CL A	16,779	148,987
ALPHABET INC CL C	14,665	130,540
AMAZON.COM INC	39,390	183,964
AMERICAN FUNDS STRATEGIC BOND FD CL F2	88,944	86,493
AUTODESK INC	13,176	76,075
BLACKROCK STRATEGIC INCOME OPPORTUNITIES PORTFOLIOINSTITUTIONAL	132,262	131,763
BLOCK INC CL A	31,310	20,959
BOEING COMPANY	118,249	144,602
BRITISH AMER TOBACCO PLC GB SPON ADR	19,609	28,650
DEERE AND CO	18,626	27,934
DEUTSCHE POST AG SPON ADR	24,026	30,408
ENEL SPA ADR	20,537	35,354
EXPEDITORS INTL WASH INC	11,675	37,700
FACTSET RESH SYSTEMS INC	9,944	19,153
ILLUMINA INC	46,016	24,789
INTUITIVE SURGICAL INC	13,487	44,176
JOHN HANCOCK2 STRATEGIC INCOME OPP CLASS I	125,543	126,414
JPMORGAN STRATEGIC INCOME OPPORTUNITIES FUND CLASS I	124,773	125,559
LOOMIS SAYLES STRATEGIC INCOME FUND CLASS Y	110,914	102,331
META PLATFORMS INC CL A	42,936	225,751
MICROSOFT CORP	14,123	132,996
MONSTER BEVERAGE CORP NEW COM	28,381	88,324
NETFLIX INC	45,291	166,893
NIKE INC CL B	26,720	23,254
NOVARTIS AG SPON ADR	21,794	35,019
NOVO NORDISK A/S SPON ADR	38,560	42,892
NVIDIA CORP	7,415	353,231
ORACLE CORP	34,409	148,521
PAYPAL HOLDINGS INC	29,625	17,105
PUTNAM ULTRA SHORT DURATION INCOME FUND CLASS Y	387	391
PUTNAM ULTRA SHORT DURATION INCOME FUND CLASS Y	1,539	1,557
QUALCOMM INC	9,169	31,815
REGENERON PHARMACEUTICALS INC	42,670	67,153
ROCHE HLDG LTD SPONS ADR SWITZ ADR	23,768	29,704
SALESFORCE, INC.	40,635	68,347
SANOFI SPON ADR	17,154	18,269
SEI INVESTMENTS CO	14,671	31,168
SHELL PLC SPON ADR	11,202	21,677
SHOPIFY INC CL A	33,531	100,767
STARBUCKS CORP	30,642	36,126
TEMPLETON GLBAL BOND ADV	104,547	85,948
TESLA INC	120,916	270,282
THERMO FISHER SCIENTIFIC INC	35,734	38,823
UNTD OVERSEAS BK LTD SPONS ADR SINGAPORE ADR	16,294	24,552
UPM KYMMENE CORP ADR	11,027	11,398
VERTEX PHARMACEUTICAL INC	47,107	83,872
VINCI S.A ADR	20,607	23,760
VISA INC CL A	36,975	149,753
WALT DISNEY CO (HOLDING CO) DISNEY COM	78,261	73,609
WORKDAY INC CL A	11,870	19,115
YUM CHINA HLDGS INC	4,167	7,686
YUM! BRANDS INC	8,806	26,777
BLACKROCK GLOBAL ALLOCATION FUND CL K	245,580	278,590
FIRST EAGLE GLOBAL FUND CLASS R6	218,975	337,951
ISHARES CORE DIVIDEND GROWTH ETF	432,961	499,061
ISHARES TRUST CORE S&P	432,216	497,217
SCHWAB STRETEGIC TR US DIVIDEND EQUITY ETF	437,113	466,913
SPDR SERIES TRUST S&P 500 VALUE ETF	432,362	497,769
VANGUARD INDEX FUNDS VALUE ETF	433,035	495,237
VANGUARD MEGA CAP VALUE ETF	432,645	493,354
KOMATSU LTD SPONSORED ADR	3,820	3,873
NESTLE S A SPONSORED ADR REPSTG REG ORD	27,664	30,425
ROCHE HLDG LTD SPONS ADR ORD	18,869	24,238
AAON INC NEW	17,825	18,148
APTARGROUP INC	14,656	14,635
AXON ENTERPRISE INC	43,154	41,459
AZENTA INC	9,854	9,579
BENTLEY SYSTEMS INCORPORATED	11,257	10,724
BIO-RAD LABORATORIES INC CL A	23,751	23,936
BRUNSWICK CORP	22,934	22,495
CENTURI HOLDINGS INC	16,870	16,160
CLEAN HARBORS INC	20,470	19,931
COGNEX CORP	9,796	9,715
COMFORT SYSTEMS USA INC	23,227	23,332
COMMUNITY FINANCIAL SYSTEM INC	21,615	20,736
CORE & MAIN INC	14,792	14,292
CRANE COMPANY	21,505	21,209
DESCARTES SYSTEMS GROUP	10,195	9,993
EAGLE MATERIALS INC	17,606	16,741
ENTEGRIS INC	23,573	23,422
EQUIFAX INC	18,407	18,226
ESCO TECHNOLOGIES INC	23,715	23,447
FAIR ISAAC INC	14,085	13,525
GUIDEWIRE SOFTWARE INC	28,078	28,141
ICU MEDICAL INC	16,615	16,264
JEFFERIES FINANCIAL GROUP INC	20,810	20,760
LITTELFUSE INC	22,097	22,004
MARTIN MARIETTA MATERIALS INC	21,573	21,170
MASTEC INC	14,295	14,129
MAXIMUS INC	17,312	16,919
MIRION TECHNOLOGIES INC	12,567	12,366
MONOLITHIC POWER SYS INC	12,358	11,783
NVENT ELECTRIC PLC	29,412	29,469
NVR INC	14,815	14,586
PALOMAR HOLDINGS INC	12,236	12,263
POOL CORPORATION	5,585	5,490
PTC INC	11,517	11,324
REINSURANCE GROUP OF AMERICA	11,547	11,394
REVVITY INC	8,872	8,901
SAMSARA INC	19,129	17,619
SERVICE CORP INTERNATIONAL	12,434	12,397
SILICON LABORATORIES INC	22,292	21,566
SIMPSON MANUFACTURING CO INC	8,028	17,923
TERADYNE INC	23,624	23,421
TREX COMPANY INC	7,005	6,981
TYLER TECHNOLOGIES INC	23,774	23,605
VERICEL CORPORATION	9,600	9,435
WEST PHARMACEUTICAL SVCS INC	23,279	23,662
WEX INC	16,032	15,792
WINTRUST FINANCIAL CORP	27,528	26,985
WOODWARD INC	26,922	26,605
3I GROUP PLC	20,666	20,647
ADYEN N V	17,623	17,535
AON PLC	11,378	11,292
ARCH CAPITAL GROUP LTD	20,070	19,951
ASM INTERNATIONAL NV	13,935	13,879
ASML HOLDING N V	32,136	32,096
ASTRAZENECA PLC	19,617	19,581
BAE SYSTEMS PLC	33,226	33,251
CANADIAN NATURAL	12,948	12,931
CANADIAN PAC KANS CITY	19,482	19,438
COUPANG INC	17,741	17,669
DEUTSCHE BOERSE AG	12,988	12,961
EXPERIAN PLC	11,958	11,925
FERGUSON ENTERPRISES INC	16,084	16,029
FERRARI N V	12,235	12,195
ICICI BANK LTD	16,358	16,360
LINDE PLC	16,715	16,629
MERCADOLIBRE INC	14,105	14,100
MITSUBISHI HEAVY INDS LTD	30,219	30,021
MONDAY.COM LTD	8,938	9,001
NINTENDO CO LTD-ADR NEW	18,027	18,091
NOVO NORDISK A/S-ADR	10,958	10,939
NU HOLDINGS LTD	19,332	19,268
PHILIP MORRIS	30,259	30,155
RHEINMETALL AG	12,100	12,062
ROLLS ROYCE HOLDINGS PLC	45,625	45,698
SAFRAN SA	29,997	29,857
SAP SE	26,791	26,720
SEA LIMITED	32,898	33,041
SEAGATE TECHNOLOGY	22,977	22,857
SHOPIFY INC	17,308	17,224
SIEMENS ENERGY AG	63,679	63,208
SPOTIFY TECHNOLOGY S A	21,990	22,067
TAIWAN SEMICONDUCTOR MFG	55,597	55,308
TENCENT HOLDINGS LIMITED	22,454	22,429
UBS GROUP AG	21,305	21,303
WASTE CONNECTIONS INC	11,514	11,398

- TIN:

TY 2025 InvestmentsGovtObligationsSch

Name:

SHIVERS CANCER FOUNDATION

EIN:

74-1715889

US Government Securities - End of Year Book Value:

1,163,893

US Government Securities - End of Year Fair Market Value:

1,163,088

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

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

- TIN:

TY 2025 OtherExpensesSchedule

Name:

SHIVERS CANCER FOUNDATION

EIN:

74-1715889

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
BANK AND OTHER INVESTMENT FEES	5,632	5,632	0
INSURANCE	3,584	0	3,584
CONTRACT LABOR	2,802	280	2,522
OFFICE EXPENSES	1,770	177	1,593

- TIN:

TY 2025 OtherProfessionalFeesSchedule

Name:

SHIVERS CANCER FOUNDATION

EIN:

74-1715889

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT ADVISORY FEES	76,888	76,888		0

- TIN:

TY 2025 TaxesSchedule

Name:

SHIVERS CANCER FOUNDATION

EIN:

74-1715889

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAXES	9,064	9,064		0
FEDERAL EXCISE TAX	11,360	0		0