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
STALEY FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address) PO BOX 8389
  Room/suite
City or town
AVON
State or province
CO
Country  
ZIP or foreign postal code
81620
A Employer identification number

26-3442296
B Telephone number (see instructions)

9529252462
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)$93,679,073J 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      
4 Dividends and interest from securities... 1,063,937 1,073,047  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 4,306,701
b Gross sales price for all assets on line 6a 8,507,327
7 Capital gain net income (from Part IV, line 2)... 4,314,917
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
2,066 0  
12 Total. Add lines 1 through 11........ 5,372,704 5,387,964  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
16,850 8,425   8,425
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
644,144 644,144   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
56,568 18,129   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 717,562 670,698   8,425
25 Contributions, gifts, grants paid....... 3,998,900 3,808,900
26 Total expenses and disbursements. Add lines 24 and 25 ................ 4,716,462 670,698   3,817,325
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 656,242
b Net investment income (if negative, enter -0-) 4,717,266
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2025)
Form 990-PF (2025)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 92,384    
2 Savings and temporary cash investments......... 1,725,417 1,004,947 1,004,947
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)      
b Investments—corporate stock (attach schedule)....... 29,186,194 Click to see attachment
List of Attached Documents:
// Content
30,362,453 		84,915,819
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).......... 4,741,259 Click to see attachment
List of Attached Documents:
// Content
5,034,096 		7,758,307
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) 35,745,254 36,401,496 93,679,073
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........ 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 35,745,254 36,401,496
29 Total net assets or fund balances (see instructions)..... 35,745,254 36,401,496
30 Total liabilities and net assets/fund balances (see instructions). 35,745,254 36,401,496
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
35,745,254
2
Enter amount from Part I, line 27a .....................
2
656,242
3
Other increases not included in line 2 (itemize)
3
0
4
Add lines 1, 2, and 3 ..........................
4
36,401,496
5
Decreases not included in line 2 (itemize)
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
36,401,496
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 CAPITAL GAIN DISTRIB. FROM PUBLICLY TRADED SEC. P   2025-12-31
b PUBLICLY TRADED SECURITIES P   2025-12-31
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 98,732     98,732
b 8,408,595   4,192,410 4,216,185
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       98,732
b       4,216,185
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 4,314,917
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 65,570
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 65,570
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 65,570
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 53,000
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 53,000
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 12,570
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10  
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax   Refunded 11  
For Refunded amount, also complete and attach Form 8050. See instructions.
Form 990-PF (2025)
Form 990-PF (2025)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. $ 0(2) On foundation managers.$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
CO
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
 
No
Website addressN/A
14
The books are in care ofWARREN STALEY Telephone no. (952) 925-2462

Located atPO BOX 19000AVONCO ZIP+481620
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
WARREN STALEY TRUSTEE
0.50 		0 0 0
PO BOX 8389
AVON,CO81620
MARY LYNN STALEY TRUSTEE
0.50 		0 0 0
PO BOX 8389
AVON,CO81620
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000................... 0
Form 990-PF (2025)
Form 990-PF (2025)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
THE MCCREA BURNS GROUP OF ROBERT W BAIRD & CO INVESTMENT ADVISORY SERVICES 644,144
7605 EDINBOROUGH WAY STE 300
EDINA,MN55435
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................0
Form 990-PF (2025)
Form 990-PF (2025)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
88,128,564
b
Average of monthly cash balances.......................
1b
1,445,389
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
89,573,953
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
89,573,953
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,343,609
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
88,230,344
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
4,411,517
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
4,411,517
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
65,570
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
65,570
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
4,345,947
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
4,345,947
6
Deduction from distributable amount (see instructions) .................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
4,345,947
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
3,817,325
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
3,817,325
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 4,345,947
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 3,738,901
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2025:
a From 2020......  
b From 2021......  
c From 2022......  
d From 2023......  
e From 2024......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2025 from Part
XI, line 4: $ 3,817,325
a Applied to 2024, but not more than line 2a 3,738,901
b Applied to undistributed income of prior years
(Election required—see instructions) ..... 		0
c Treated as distributions out of corpus (Election
required—see instructions) ........ 		0
d Applied to 2025 distributable amount..... 78,424
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2025. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2024. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2025. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2026 .......... 		4,267,523
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2020 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2021 ....  
b Excess from 2022 ....  
c Excess from 2023 ....  
d Excess from 2024 ....  
e Excess from 2025 ....  
Form 990-PF (2025)
Form 990-PF (2025)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2025, enter the date of the ruling ......
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2025 (b) 2024 (c) 2023 (d) 2022
         
b 85% (0.85) of line 2a .......          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, 3b, or 3c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
WARREN STALEY
MARY LYNN STALEY
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

HABITAT FOR HUMANITY - VAIL VALLEY

250 LINDBERGH DR
GYPSUM,CO81637 		    GENERAL SUPPORT 150,000

HABITAT FOR HUMANITY - TWIN CITIES

1954 UNIVERSITY AVE W
ST PAUL,MN55104 		    GENERAL SUPPORT 150,000

HABITAT FOR HUMANITY INTERNATIONAL

550 WEST VAN BUREN STREET
CHICAGO,IL60607 		    GENERAL SUPPORT 200,000

ESQUELA DE GUADALUPE

660 JULIAN ST
DENVER,CO80204 		    GENERAL SUPPORT 40,000

RISE & SHINE - TERTIARY

5071 EDEN AVE
EDINA,MN55436 		    GENERAL SUPPORT 25,000

TOGETHER IN MISSIONARCHDIOCESE OF LA

3424 WILSHIRE BLVD
LOS ANGELES,CA90010 		    GENERAL SUPPORT 20,000

OPPORTUNITY INTERNATIONAL

PO BOX 2826
CAROL STREAM,IL60132 		    GENERAL SUPPORT 350,000

CRISTO REY JESUIT HIGHSCHOOL

2924 4TH AVE S
MINNEAPOLIS,MN55408 		    GENERAL SUPPORT 150,000

ST JOHN THE BAPTIST CATHOLIC CHURCHSCHOOL

215 BROADWAY ST NORTH
JORDON,MN55352 		    GENERAL SUPPORT 13,900

PARTNERS IN FOOD SOLUTIONS

9000 PLYMOUTH AVE N
MINNEAPOLIS,MN55427 		    GENERAL SUPPORT 75,000

SCHOLARSHIP FOUNDATION OF SANTA BARBARA

2253 LAS POSITAS ROAD
SANTA BARBARA,CA93105 		    GENERAL SUPPORT 50,000

SANSUM CLINIC

215 PESETAS LANE
SANTA BARBARA,CA93111 		    GENERAL SUPPORT 150,000

KSU FOUNDATION - ENGINEERING SCHOLARSHIPS

1800 KIMBALL AVE 200
MANHATTAN,KS66502 		    GENERAL SUPPORT 100,000

VAIL VETERAN'S PROGRAM

12 VAIL ROAD
VAIL,CO81658 		    GENERAL SUPPORT 10,000

RISE & SHINE - TERTIARY

1745 UNIVERSITY AVE W
MINNEAPOLIS,MN55104 		    GENERAL SUPPORT 50,000

NOTRE DAME SCHOOL

33 E MICHELTORENA ST
SANTA BARBARA,CA93101 		    GENERAL SUPPORT 15,000

NUESTROS PEQUENOS HERMANOS

134 N LASALLE ST
CHICAGO,IL60602 		    GENERAL SUPPORT 10,000

CARONDOLET MINISTRIES FOUNDATION

1884 RANDOLPH AVE
ST PAUL,MN55105 		    GENERAL SUPPORT 10,000

BENILDE ST MARGARETS

2501 HIGHWAY 100
MINNEAPOLIS,MN55416 		    GENERAL SUPPORT 15,000

FOODBANK OF SANTA BARBARA

82 COROMAR DRIVE
SANTA BARBARA,CA93117 		    GENERAL SUPPORT 7,500

UNITED HOSPITAL FOUNDATION

2925 CHICAGO AVE MAIL ROUTE 10721
MINNEAPOLIS,MN55407 		    GENERAL SUPPORT 15,000

VAIL VALLEY FOUNDATION EDUCATION

90 BENCHMARK RD SUITE 300
AVON,CO81620 		    GENERAL SUPPORT 15,000

MERCY HOMES FOR BOYS AND GIRLS

1140 W JACKSON BLVD
CHICAGO,IL60607 		    GENERAL SUPPORT 20,000

TREE HOUSE FAMLY HOPE SERVICES

5757 WAYZATA BLVD
MINNEAPOLIS,MN55416 		    GENERAL SUPPORT 15,000

GLOBAL MINNESOTA

1901 UNIVERSITY AVE SE
MINNEAPOLIS,MN55414 		    GENERAL SUPPORT 10,000

INTERNATIONAL SAMARITAN

803 N MAIN STREET
ANN ARBOR,MI48104 		    GENERAL SUPPORT 15,000

NORTHERN STAR SCOUT CAMP

6202 BLOOMINGTON RD
MINNEAPOLIS,MN55111 		    GENERAL SUPPORT 10,000

CATHOLIC RELIEF SERVICES

228 W LEXINGTON ST
BALTIMORE,MD21201 		    GENERAL SUPPORT 10,000

HABITAT FOR HUMANITY - VAIL VALLEY

250 LINDBERGH DR
GYPSUM,CO81637 		    GENERAL SUPPORT 150,000

HABITAT FOR HUMANITY - TWIN CITIES

1954 UNIVERSITY AVE W
ST PAUL,MN55104 		    GENERAL SUPPORT 150,000

HABITAT FOR HUMANITY INTERNATIONAL

550 WEST VAN BUREN STREET
CHICAGO,IL60607 		    GENERAL SUPPORT 150,000

SACRED HEART SCHOOL

2111 GRIFFIN AVE
MENLO PARK,CA90031 		    GENERAL SUPPORT 25,000

REGIS JESUIT HIGH SCHOOL

6300 SOUTH LEWISTON WAY
DENVER,CO80016 		    GENERAL SUPPORT 20,000

ESQUELA DE GUADALUPE

660 JULIAN ST
DENVER,CO80204 		    GENERAL SUPPORT 10,000

YMCA OF THE NORTH

NW 5901 PO BOX 1450
MINNEAPOLIS,MN55485 		    GENERAL SUPPORT 10,000

BETA THETA PI FOUNDATION

5134 BONHAM ROAD
OXFORD,OH45056 		    GENERAL SUPPORT 10,000

BOYS & GIRLS CLUB OF THE PENNINSULA

401 PIERCE RD
MENLO PARK,CA94025 		    GENERAL SUPPORT 20,000

BENILDE ST MARGARETS

2501 HIGHWAY 100
MINNEAPOLIS,MN55416 		    GENERAL SUPPORT 5,000

CHILDREN'S HEALTH COUNCIL

650 CLARK WAY
PALO ALTO,CA94304 		    GENERAL SUPPORT 10,000

EASTSIDE PREP SCHOOL

1041 MYRTLE ST
PALO ALTO,CA94303 		    GENERAL SUPPORT 10,000

LIFEMOVES

2550 GREAT AMERICAN WAY SUITE 201
SANTA CLARA,CA95054 		    GENERAL SUPPORT 5,000

LUCILLE PACKARD FOUNDATION

725 WELCH ROAD
PALO ALTO,CA94304 		    GENERAL SUPPORT 5,000

LUCILLE PACKARD FOUNDATION

725 WELCH ROAD
PALO ALTO,CA94304 		    GENERAL SUPPORT 5,000

MISSION MINISTRIES

950 SANTA CRUZ AVE
MENLO PARK,CA94025 		    GENERAL SUPPORT 5,000

RAVENWOOD EDUCATION FOUNDATION

PO BOX 396
MENLO PARK,CA94026 		    GENERAL SUPPORT 10,000

THERE WITH CARE

2682 MIDDLEFIELD ROAD SUITE H
MENLO PARK,CA94063 		    GENERAL SUPPORT 30,000

YMCA OF SAN MATEO

1877 S GRANT ST
SAN MATEO,CA94402 		    GENERAL SUPPORT 5,000

GOOD SHEPHERD FOUNDATION

620 ELIZABETH STREET
DENVER,CO80206 		    GENERAL SUPPORT 10,000

REGIS JESUIT HIGH SCHOOL

6300 SOUTH LEWISTON WAY
DENVER,CO80016 		    GENERAL SUPPORT 50,000

BENILDE ST MARGARETS

2501 HIGHWAY 100
MINNEAPOLIS,MN55416 		    GENERAL SUPPORT 50,000

ST JOHN THE BAPTIST CATHOLIC CHURCHSCHOOL

215 BROADWAY ST NORTH
JORDON,MN55352 		    GENERAL SUPPORT 20,000

ICE IN PARADISE

6985 SANTA FELICIA DR
GOLETA,CA93117 		    GENERAL SUPPORT 25,000

YOUTH FRONTIERS

5215 EDINA INDUSTRIAL BLVD 400
MINNEAPOLIS,MN55439 		    GENERAL SUPPORT 25,000

GOOD SHEPHERD FOUNDATION

620 ELIZABETH STREET
DENVER,CO80206 		    GENERAL SUPPORT 10,000

CAMP HOPE

PO BOX 687
LAKE FOREST,IL60045 		    GENERAL SUPPORT 10,000

URBAN PEAK

1630 S ACOMA STREET
DENVER,CO80223 		    GENERAL SUPPORT 10,000

CASA OF DENVER

960 CLARKSON STREET
DENVER,CO80218 		    GENERAL SUPPORT 10,000

UNIVERSITY OF NOTRE DAME

1100 GRACE HALL
NOTRE DAME,IN46556 		    GENERAL SUPPORT 50,000

ESQUELA DE GUADALUPE

660 JULIAN ST
DENVER,CO80204 		    GENERAL SUPPORT 5,000

ST JOHN THE BAPTIST CATHOLIC CHURCHSCHOOL

215 BROADWAY ST NORTH
JORDON,MN55352 		    GENERAL SUPPORT 40,000

TRACTORS FOR AFRICA (FARM YIELD AFRICA)

PO BOX 44084
EDEN PRAIRIE,MN55344 		    GENERAL SUPPORT 40,000

OUR LADY OF MT CARMEL

530 HOT SPRINGS ROAD
SANTA BARBARA,CA93108 		    GENERAL SUPPORT 10,000

ST CLAIRE OF ASSISI SCHOOL

31622 US HIGHWAY 6
EDWARDS,CO81632 		    GENERAL SUPPORT 20,000

HABITAT FOR HUMANITY - TWIN CITIES

1954 UNIVERSITY AVE W
ST PAUL,MN55104 		    GENERAL SUPPORT 7,000

TEACH FOR AMERICA TWIN CITIES

2429 NICOLLET AVE
MINNEAPOLIS,MN55404 		    GENERAL SUPPORT 20,000

NORTHSIDE ACHIEVEMENT ZONE

1964 N 2ND ST
MINNEAPOLIS,MN55411 		    GENERAL SUPPORT 10,000

VOYAGER OUTWARD BOUND SCHOOL

1400 ENERGY PARK DR 18
ST PAUL,MN55108 		    GENERAL SUPPORT 10,000

JUNIOR ACHIEVEMENT

1745 UNIVERSITY AVE W
MINNEAPOLIS,MN55104 		    GENERAL SUPPORT 15,000

RISE & SHINE

5071 EDEN AVE
EDINA,MN55436 		    GENERAL SUPPORT 30,000

CAMP HOPE

PO BOX 687
LAKE FOREST,IL60045 		    GENERAL SUPPORT 7,000

CASA OF DENVER

960 CLARKSON STREET
DENVER,CO80218 		    GENERAL SUPPORT 10,000

ESQUELA DE GUADALUPE

660 JULIAN ST
DENVER,CO80204 		    GENERAL SUPPORT 40,000

URBAN PEAK

1630 S ACOMA STREET
DENVER,CO80223 		    GENERAL SUPPORT 10,000

OPPORTUNITY INTERNATIONAL

PO BOX 2826
CAROL STREAM,IL60132 		    GENERAL SUPPORT 10,000

TWIN CITIES RISE

1301 N BRYANT AVE
MINNEAPOLIS,MN55411 		    GENERAL SUPPORT 10,000

TRANSFORMATION THROUGH EDUCATION - OUR LADY OF NAMULENGA HIGH SCHOOL

16555 WEBER RD
CREST HILL,IL60403 		    GENERAL SUPPORT 50,000

MUSEUM OF RUSSION ART

5500 STEVENS AVE
MINNEAPOLIS,MN55419 		    GENERAL SUPPORT 10,000

RISE & SHINE

5071 EDEN AVE
EDINA,MN55436 		    GENERAL SUPPORT 15,000

NORTHERN STAR SCOUT CAMP

6202 BLOOMINGTON RD
MINNEAPOLIS,MN55111 		    GENERAL SUPPORT 10,000

RISE & SHINE

5071 EDEN AVE
EDINA,MN55436 		    GENERAL SUPPORT 25,000

RISE & SHINE - TERTIARY

5071 EDEN AVE
EDINA,MN55436 		    GENERAL SUPPORT 25,000

COURAGE KENNY FOUNDATION

3915 GOLDEN VALLEY RD MR 78414
MINNEAPOLIS,MN55422 		    GENERAL SUPPORT 10,000

GLOBAL LEADERSHIP NETWORK

67 EAST ALGONQUIN ROAD
SOUTH BARRINGTON,IL60010 		    GENERAL SUPPORT 20,000

CATHOLIC CHARITIES OF SANTA BARBARA

609 E HALEY ST
SANTA BARBARA,CA93103 		    GENERAL SUPPORT 10,000

ROUND UP RIVER RANCH

8333 COLORADO RIVER RD
AVON,CO81637 		    GENERAL SUPPORT 10,000

MINNESOTA PRIVATE COLLEGE FUND

445 MINNESOTA STREET SUITE 500
ST PAUL,MN55101 		    GENERAL SUPPORT 10,000

ZAWADI FUND INTERNATIONAL

571 FOXWOOD LANE
PAOLI,PA19301 		    GENERAL SUPPORT 10,000

SHARING & CARING HANDS

525 N SEVENTH ST
MINNEAPOLIS,MN55405 		    GENERAL SUPPORT 30,000

IOCP - CARING FOR KIDS INSTITUTE

1605 COUNTY RD 101
PLYMOUTH,MN55447 		    GENERAL SUPPORT 10,000

ST JOHN THE BAPTIST CATHOLIC CHURCHSCHOOL

215 BROADWAY ST NORTH
JORDON,MN55352 		    GENERAL SUPPORT 25,000

CASA OF DENVER

960 CLARKSON STREET
DENVER,CO80218 		    GENERAL SUPPORT 5,000

THERE WITH CARE

2682 MIDDLEFIELD ROAD SUITE H
MENLO PARK,CA94063 		    GENERAL SUPPORT 5,000

FIT KIDS

2171 EL CAMINO REAL SUITE 207
OCEANSIDE,CA92054 		    GENERAL SUPPORT 2,500

OAKLAND LACROSSE CLUB

638 3RD ST
OAKLAND,CA94607 		    GENERAL SUPPORT 5,000

SACRED HEART SCHOOL

2111 GRIFFIN AVE
MENLO PARK,CA90031 		    GENERAL SUPPORT 25,000

SAFE SPACE

612 SE DIXIE HWY
STUART,FL34994 		    GENERAL SUPPORT 2,500

OUR LADY OF MT CARMEL

530 HOT SPRINGS ROAD
SANTA BARBARA,CA93108 		    GENERAL SUPPORT 10,000

WASHBURN CENTER FOR CHILDREN

1100 GLENWOOD AVE
MINNEAPOLIS,MN55405 		    GENERAL SUPPORT 10,000

THERE WITH CARE

2682 MIDDLEFIELD ROAD SUITE H
MENLO PARK,CA94063 		    GENERAL SUPPORT 15,000

HAZELDEN BETTY FORD FOUNDATION

PO BOX 64348
ST PAUL,MN55164 		    GENERAL SUPPORT 10,000

YOUTH FRONTIERS

5215 EDINA INDUSTRIAL BLVD 400
MINNEAPOLIS,MN55439 		    GENERAL SUPPORT 15,000

TRACTORS FOR AFRICA (FARM YIELD AFRICA)

PO BOX 44084
EDEN PRAIRIE,MN55344 		    GENERAL SUPPORT 30,000

BOYS TOWN

14100 CRAWFORD STREET
BOYS TOWN,NE68010 		    GENERAL SUPPORT 10,000

ST JOSEPH'S INDIAN SCHOOL

1301 N MAIN ST
ST CHAMBERLAIN,SD57325 		    GENERAL SUPPORT 10,000

CENTER FOR VICTIMS OF TORTURE

2356 UNIVERSITY AVE W STE 430
ST PAUL,MN55114 		    GENERAL SUPPORT 5,000

US LACROSSE FOUNDATION

2 LOVETON CIR
SPARKS,MD21152 		    GENERAL SUPPORT 3,500

BOSTON COLLEGE

140 COMMONWEALTH AVENUE
CHESTNUT HILL,MA02467 		    GENERAL SUPPORT 25,000

COLLEGE POSSIBLE

755 PRIOR AVE N SUITE 200
ST PAUL,MN55104 		    GENERAL SUPPORT 10,000

GENESYS WORKS TC

445 MINNESOTA ST UNIT 720
ST PAUL,MN55101 		    GENERAL SUPPORT 2,500

TRINITY WOODS CAMP

N 10884 HOINVILLE RD
TREGO,WI54888 		    GENERAL SUPPORT 5,000

THE NATURE CONSERVANCY MINNESOTA

1101 W RIVER PKWY 200
MINNEAPOLIS,MN55415 		    GENERAL SUPPORT 5,000

REGIS JESUIT HIGH SCHOOL

6300 SOUTH LEWISTON WAY
DENVER,CO80016 		    GENERAL SUPPORT 10,000

ASHESI UNIVERSITY FOUNDATION

1201 3RD AVE 2200
SEATTLE,WA98101 		    GENERAL SUPPORT 10,000

MERCY HOMES FOR BOYS AND GIRLS

1140 W JACKSON BLVD
CHICAGO,IL60607 		    GENERAL SUPPORT 15,000

SHARING & CARING HANDS

525 N SEVENTH ST
MINNEAPOLIS,MN55405 		    GENERAL SUPPORT 10,000

BRIDGE FOR YOUTH

1111 W 22ND ST
MINNEAPOLIS,MN55405 		    GENERAL SUPPORT 10,000

BISHOP GARCIA DIEGO HIGH SCHOOL

4000 L COLINA RD
SANTA BARBARA,CA93110 		    GENERAL SUPPORT 10,000

DE MARILLAC ACADEMY

175 GOLDEN GATE AVE
SAN FRANCISCO,CA94102 		    GENERAL SUPPORT 20,000

PRO ECCLESIA SANCTA

8650 RUSSELL AVE S
BLOOMINGTON,MN55431 		    GENERAL SUPPORT 25,000

OPPORTUNITY INTERNATIONAL

PO BOX 2826
CAROL STREAM,IL60132 		    GENERAL SUPPORT 10,000

INTERNATIONAL SAMARITAN

803 N MAIN STREET
ANN ARBOR,MI48104 		    GENERAL SUPPORT 10,000

ONE MILLION HOME

1102 A ST SUITE 300 38
TACOMA,WA98402 		    GENERAL SUPPORT 15,000

CAMP FOLEY

9303 FATHER FOLEY DR
PINE RIVER,MN56474 		    GENERAL SUPPORT 15,000

BRIDGING MN

201 W 87TH ST
BLOOMINGTON,MN55420 		    GENERAL SUPPORT 10,000

UNIVERSITY OF MARY

7500 UNIVERSITY DRIVE
BISMARCK,ND58504 		    GENERAL SUPPORT 20,000

RISE & SHINE - TERTIARY

5071 EDEN AVE
EDINA,MN55436 		    GENERAL SUPPORT 100,000

CORNELL UNIVERSITY GRAD SCHOOL

SAGE HALL CORNELL UNIVERSITY
ITHACA,NY14853 		    GENERAL SUPPORT 60,000

BETA THETA PI FOUNDATION

5134 BONHAM ROAD
OXFORD,OH45056 		    GENERAL SUPPORT 20,000

CRISTO REY JESUIT HIGHSCHOOL

2924 4TH AVE S
MINNEAPOLIS,MN55408 		    GENERAL SUPPORT 25,000

OUR LADY OF GRACE

5071 EDEN AVE
EDINA,MN55436 		    GENERAL SUPPORT 10,000

UNIVERSITY OF NOTRE DAME

33 E MICHELTORENA ST
SANTA BARBARA,CA93101 		    GENERAL SUPPORT 10,000

RISE & SHINE

5071 EDEN AVE
EDINA,MN55436 		    GENERAL SUPPORT 10,000

MOTOR CITY SCHOLARS INC

3844 PENSYLVANIA ST
DETROIT,MI48214 		    GENERAL SUPPORT 2,500
Total ................................. 3a 3,808,900
bApproved for future payment
Total ................................. 3b 0
Form 990-PF (2025)
Form 990-PF (2025)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 1,063,937  
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 .....     18 2,066  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 4,314,917  
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 5,380,920 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
5,380,920
(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.
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Form 990-PF (2025)
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Form 990PF - Special Condition Description:
Special Condition Description

TY 2025 AccountingFeesSchedule
Name:
STALEY FAMILY FOUNDATION
EIN:
26-3442296
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 16,850 8,425   8,425

TY 2025 InvestmentsCorpStockSchedule
Name:
STALEY FAMILY FOUNDATION
EIN:
26-3442296
Name of Stock End of Year Book Value End of Year Fair Market Value
ALKAMI TECHNOLOGY INC 416,444 332,047
ALPHABET INC CL C 50,710 1,167,022
ALPHABET INC CL A 50,905 1,161,543
AMAZON.COM INC 229,394 1,998,209
ANALOG DEVICES INC 393,166 1,311,523
CINTAS CORP 802,171 757,546
COSTAR GROUP INC 117,648 987,554
DANAHER CORP 402,528 791,376
ENSIGN GROUP INC 369,476 678,683
FAIR ISAAC CORP 806,830 867,288
FASTENAL CO 283,535 1,267,346
FIVE BELOW INC 142,940 711,624
FLOOR & DECOR HOLDINGS INC CL A 453,234 301,223
FRESHPET INC 408,098 342,122
GLOBANT S A 230,836 340,120
GRAND CANYON EDUCATION INC 85,351 736,254
GUIDEWIRE SOFTWARE INC 217,000 494,686
HEICO CORP NEW 195,522 2,142,166
IDEXX LABORATORIES INC 344,905 966,761
KINSALE CAPITAL GROUP INC 584,378 593,720
MEDPACE HOLDINGS INC 377,272 938,517
MICROSOFT CORP 174,383 3,213,171
MOTOROLA SOLUTIONS INC 302,383 406,319
NETFLIX INC 309,878 768,832
NVIDIA CORP 144,355 4,037,539
PAYCOM SOFTWARE INC 454,650 555,848
PAYLOCITY HOLDING CORP 289,961 230,123
PRIVIA HEALTH GROUP INC 649,327 642,304
RB GLOBAL INC 192,406 964,715
ROLLINS INC 77,679 807,989
S&P GLOBAL INC 247,237 1,115,207
SALESFORCE INC 189,936 666,778
SAP SESPON ADR 642,619 602,417
SERVICENOW INC 379,704 1,051,649
STARBUCKS CORP 158,178 494,986
SYNOPSYS INC 413,549 340,077
TESLA INC 393,620 1,030,758
TRADE DESK INC (THE) CL A 412,615 189,231
TYLER TECHNOLOGIES INC 419,114 1,054,072
UNITEDHEALTH GROUP INC 174,311 571,420
VEEVA SYSTEMS INC CL A 283,427 1,029,760
VERISK ANALYTICS INC 385,218 807,968
VISA INC CL A 236,294 799,268
WEST PHARMACEUTICAL SERVICES INC 294,084 847,156
WORKIVA INC CL A 486,300 471,788
AMERICAN WATER WORKS COMPANY INC 602,573 575,636
APPLE INC 531,712 7,775,196
BEST BUY COMPANY INC 212,054 234,255
CHEVRON CORP 447,809 632,654
CHUBB LTD 664,391 1,307,783
CISCO SYSTEMS INC 452,334 919,661
CME GROUP INC CL A 619,987 708,643
COCA-COLA COMPANY 607,422 900,651
DELL TECHNOLOGIES INC CL C 542,446 503,142
DOVER CORP 312,255 346,746
EATON CORP PLC 541,184 554,844
FISERV INC 66,416 221,661
GENUINE PARTS CO 579,831 494,545
INTL BUSINESS MACHINES CORP 472,900 1,122,043
JOHNSON & JOHNSON 492,132 853,462
JPMORGAN CHASE & CO 412,203 1,180,292
KINDER MORGAN INC DE 469,287 893,452
L3HARRIS TECHNOLOGIES INC 554,886 735,980
MEDTRONIC PLC 582,658 584,141
MICROSOFT CORP 151,455 2,703,919
MORGAN STANLEY 535,381 1,102,106
NEXTERA ENERGY INC 609,167 787,547
PEPSICO INC 399,638 544,371
PHILLIPS 66 405,138 599,649
PROCTER & GAMBLE CO 559,398 718,270
QUALCOMM INC 410,212 852,342
STARBUCKS CORP 361,325 521,681
SYSCO CORP 525,225 498,365
TARGET CORP 183,061 233,036
U S BANCORP DE NEW 298,898 498,756
WALMART INC 536,924 1,658,783
APPLE INC 805,503 11,322,425
VANGUARD TREASURY MONEY MARKET INVESTOR CL 743,077 743,077

TY 2025 InvestmentsOtherSchedule2
Name:
STALEY FAMILY FOUNDATION
EIN:
26-3442296
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
SPDR S&P 500 ETF AT COST 988,588 2,518,331
PEAR TREE POLARIS FOREIGN VALUE INSTL CL AT COST 1,256,333 1,631,014
VANGUARD FTSE DEVELOPED MKTS ETF AT COST 999,893 1,419,943
VANGUARD FTSE EMERGING MARKETS ETF AT COST 499,972 617,165
WCM FOCUSED INTL GROWTH INSTL CL AT COST 1,289,310 1,571,854

TY 2025 OtherIncomeSchedule2
Name:
STALEY FAMILY FOUNDATION
EIN:
26-3442296
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INCOME 2,066 0 2,066


TY 2025 OtherProfessionalFeesSchedule
Name:
STALEY FAMILY FOUNDATION
EIN:
26-3442296
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
MANAGEMENT FEES 644,144 644,144   0


TY 2025 TaxesSchedule
Name:
STALEY FAMILY FOUNDATION
EIN:
26-3442296
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 1,709 18,129   0
2024 EXTENSION PAYMENT 1,859 0   0
2025 Q1 ESTIMATE 18,000 0   0
2025 Q3 ESTIMATE 10,000 0   0
2025 Q4 ESTIMATE 25,000 0   0