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
DAVID MEADE MASSIE TRUST
 
Number and street (or P.O. box number if mail is not delivered to street address) PO BOX 41
  Room/suite
City or town
CHILLICOTHE
State or province
OH
Country  
ZIP or foreign postal code
45601
A Employer identification number

31-6022292
B Telephone number (see instructions)

7407742142
C
G Check all that apply:

D 1. Foreign organizations, check here.............
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
H Check type of organization:
F
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)$8,000,605J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check .................
3 Interest on savings and temporary cash investments 642 642  
4 Dividends and interest from securities... 223,875 223,875  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -158,000
b Gross sales price for all assets on line 6a 38,725
7 Capital gain net income (from Part IV, line 2)... 0
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
687 0  
12 Total. Add lines 1 through 11........ 67,204 224,517  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 36,000 18,000   18,000
14 Other employee salaries and wages...... 36,000 0   36,000
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
2,530 0   2,530
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
5,935 3,062   2,873
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
577 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
8,171 6,629   1,542
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 89,213 27,691   60,945
25 Contributions, gifts, grants paid....... 349,655 349,655
26 Total expenses and disbursements. Add lines 24 and 25 ................ 438,868 27,691   410,600
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -371,664
b Net investment income (if negative, enter -0-) 196,826
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............. 69,244    
2 Savings and temporary cash investments......... 398,997 296,061 296,061
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) 2,988 Click to see attachment
List of Attached Documents:
// Content
2,392 		2,381
b Investments—corporate stock (attach schedule)....... 4,252,094 Click to see attachment
List of Attached Documents:
// Content
4,053,783 		7,702,163
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)..........      
14 Land, buildings, and equipment: basis 21,656
Less: accumulated depreciation (attach schedule) 21,656 577 Click to see attachment
List of Attached Documents:
// Content
0 		0
15 Other assets (describe )      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 4,723,900 4,352,236 8,000,605
Liabilities 17 Accounts payable and accrued expenses.......... 540 540
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)......... 540 540
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............ 4,723,360 4,351,696
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 4,723,360 4,351,696
30 Total liabilities and net assets/fund balances (see instructions). 4,723,900 4,352,236
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
4,723,360
2
Enter amount from Part I, line 27a .....................
2
-371,664
3
Other increases not included in line 2 (itemize)
3
0
4
Add lines 1, 2, and 3 ..........................
4
4,351,696
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
4,351,696
Form 990-PF (2025)
Form 990-PF (2025)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES      
b CAPITAL GAINS DIVIDENDS P    
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     196,725 -196,725
b 38,725     38,725
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       -196,725
b       38,725
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 -158,000
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ......................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 2,736
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 2,736
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 2,736
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 5,720
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 5,720
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed....... 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10 2,984
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax2,984 Refunded 11 0
For Refunded amount, also complete and attach Form 8050. See instructions.
Form 990-PF (2025)
Form 990-PF (2025)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. $ 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
 
No
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)
OH
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2025 or the taxable year beginning in 2025? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressN/A
14
The books are in care ofTHOMAS M SPETNAGEL Telephone no. (740) 774-2142

Located at42 EAST FIFTH STREETCHILLICOTHEOH ZIP+445601
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
JOSEPH P SULZER TRUSTEE
8.00 		12,000 0 0
42 EAST FIFTH STREET
CHILLICOTHE,OH45601
THOMAS M SPETNAGEL TRUSTEE
8.00 		12,000 0 0
42 EAST FIFTH STREET
CHILLICOTHE,OH45601
HARRY B JUNK II TRUSTEE
8.00 		12,000 0 0
42 EAST FIFTH STREET
CHILLICOTHE,OH45601
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000................... 0
Form 990-PF (2025)
Form 990-PF (2025)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1 TO DISTRIBUTE GRANTS TO 501(C)(3) ORGANIZATIONS, CHURCHES, SCHOOLS OR GOVERNMENTAL AGENCIES IN ROSS COUNTY, OHIO, FOR THE BENEFIT AND WELFARE OF THE CITIZENS. 349,655
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
7,346,201
b
Average of monthly cash balances.......................
1b
442,592
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
7,788,793
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
7,788,793
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
116,832
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
7,671,961
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
383,598
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
383,598
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
2,736
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
2,736
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
380,862
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
380,862
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
380,862
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
410,600
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
410,600
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 7 380,862
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 361,741
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: $ 410,600
a Applied to 2024, but not more than line 2a 361,741
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..... 48,859
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 .......... 		332,003
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).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, 2b, 2c, and 2d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
DAVID MEADE MASSIE TRUST
PO BOX 41
CHILLICOTHE,OH45601
(740) 774-2142
bThe form in which applications should be submitted and information and materials they should include:
PLEASE MAIL A REQUEST FOR APPLICATION TO P.O. BOX 41, CHILLICOTHE, OH 45601
cAny submission deadlines:
FIRST DAY OF MARCH, JUNE, SEPTEMBER, AND DECEMBER.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
THE APPLICATION INCLUDES RESTRICTIONS AND LIMITATIONS, PLEASE MAIL A REQUEST TO P.O. BOX 41, CHILLICOTHE, OH 45601
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

BAINBRIDGE SENIOR CITIZENS

PO BOX 724
BAINBRIDGE,OH45612 		    FLOORING 8,400

BIG BROTHERS BIG SISTERS

173 W SECOND ST
CHILLICOTHE,OH45601 		    ROOF REPAIRS 5,000

BROOKSIDE CHURCH

2215 EGYPT PIKE
CHILLICOTHE,OH45601 		    FOOD PANTRY 10,000

BRYANT BEANS BUTT

150 COOKS HILL RD
CHILLICOTHE,OH45601 		    SUICIDE PREVENTION 5,000

CABOOSE MAINTENANCE AND RESTORATION INC

PO BOX 924
CHILLICOTHE,OH45601 		    CABOOSE MAINTENANCE 2,000

CARVER COMMUNITY CENTER

164 W 4TH ST
CHILLICOTHE,OH45601 		    STRIVING FOR EXCELLENCE PROJECT 9,965

CAT ROUNDUP RESCUE

PO BOX 39
RICHMOND DALE,OH45673 		    SUPPLIES/VET SERVICES 5,000

CHILLICOTHE ART LEAGUE

59 W MAIN ST
CHILLICOTHE,OH45601 		    TENT, SOUND, STAGE EARTH DAY 1,550

CHILLICOTHE BAPTIST CHURCH

101 APPLEWOOD DR
CHILLICOTHE,OH45601 		    PLAYGROUND 10,000

CHILLICOTHE CAVALIERS CLUB

416 CHURCH ST
CHILLICOTHE,OH45601 		    TRAVEL TO DISNEY FOR STUDENTS 10,000

CHILLICOTHE CITY SCHOOLS

425 YOCTANGEE PKWY
CHILLICOTHE,OH45601 		    SPECIAL GAME UNIFORMS 7,373

CHILLICOTHE JAYCEES SPECIAL SANTA

12100 PLEASANT VALLEY RD
CHILLICOTHE,OH45601 		    CHRISTMAS GIFTS FOR YOUTHS IN NEED 10,000

CONCORD TOWNSHIP FIRE AND RESCUE

PO BOX 405
FRANKFORT,OH45628 		    CARBON FIBER AIR TANKS 10,000

CREATE4MORE

9491 US HWY 50 W
BAINBRIDGE,OH45612 		    OUTREACH PROJECT 4,000

ELIZABETH'S HOPE PREGNANCY RESOURCES

PO BOX 262
CHILLICOTHE,OH45601 		    DIAPERS, FORMULA, CAR SEATS 5,000

FIRST WESLEYAN CHURCH

89 S MULBERRY ST
CHILLICOTHE,OH45601 		    HYGIENE PRODUCTS FOR NEEDY INDIVIDUALS. 10,000

GOOD SAMARITAN NETWORK OF ROSS COUNTY

PO BOX 1780
CHILLICOTHE,OH45601 		    FOOD FOR NEEDY 10,000

HARRISON TWP FIRE & RESCUE

7489 CHARLESTON PIKE
CHILLICOTHE,OH45601 		    EQUIPMENT 10,000

HOPE CLINIC OF ROSS COUNTY

PO BOX 864
CHILLICOTHE,OH45601 		    MEDICAL EQUIPMENT FOR CLINIC THAT OFFERS FREE HEALTH TO NEEDY INDIVIDUALS. 20,000

HUNTINGTON LOCAL SCHOOLS

188 HUNTMAN ROAD
CHILLICOTHE,OH45601 		    FARM TO TABLE PROJECT 9,937

J216 MINSTRY

PO BOX 6
BAINBRIDGE,OH45612 		    THEERMO KING REEFER REFRIGERATION UNIT 10,000

NATHANIEL MASSIE CHAPTER DAR

328 PIATT AVE
CHILLICOTHE,OH45601 		    ANNIVERSARY CELEBRATION 5,000

PHOENIX FIRE CO #2

174 VERNON DRIVE
CHILLICOTHE,OH45601 		    MUSEUM 9,850

PIONEER SCHOOL BOOSTERS CLUB

11268 COUNTY RD 550
CHILLICOTHE,OH45601 		    EDUCATIONAL ACTIVITIES 5,000

PROJECT SCHOOL TOOLS OF ROSS COUNTY

381 YOCTANGEE PKWY
CHILLICOTHE,OH45601 		    SCHOOL SUPPLIES 2,500

ROSS COUNTY CHRISTIAN ACADEMY

2215 EGYPT PIKE
CHILLICOTHE,OH45601 		    CHOIR ROBES 2,500

ROSS COUNTY HISTORICAL SOCIETY INC

45 W 5TH ST
CHILLICOTHE,OH45601 		    UPGRADE TECHNOLOGY 7,177

ROSS COUNTY HUMANE SOCIETY

2308 LICK RUN RD
CHILLICOTHE,OH45601 		    CONSTRUCTION OF NEW BUILDING 50,000

SCIOTO PAINT VALLEY MENTAL HEALTH CENTER

394 CHESTNUT ST
CHILLICOTHE,OH45601 		    SUICIDE SPEAKER 2,500

SCIOTO VALLEY YOUTH LEAGUE

68 MEAD DR
CHILLICOTHE,OH45601 		    FIELD IMPROVEMENTS 10,000

SHINE ON CHILLICOTHE

562 BELLVIEW AVE
CHILLICOTHE,OH45601 		    CHRISTMAS LIGHTS 6,000

SOUTHERN OHIO FELLOWSHIP OF CHRISTIAN ATHLETES

455 CRAWFORD ROAD
FRANKFORT,OH45628 		    SUPPLIES 10,000

SPRINGBANK UNITED METHODIST CHURCH

384 LUTZ RD
WILLIAMSPORT,OH43164 		    PARKING LOT REPAIRS 10,000

SPRINGFIELD TWP FIRE & RESCUT

95 MUSSELMAN MILL RD
CHILLICOTHE,OH45601 		    10 NOZZLES 8,988

ST MARGARETS CEMETERY

14 S PAINT ST STE 2
CHILLICOTHE,OH45601 		    MULCHER/WEED TRIMMERS 3,850

TRUE VINE OUTREACH

219 W 5TH ST
CHILLICOTHE,OH45601 		    FOOD, UTILITIES, ETC FOR NEEDY INDIVIDUALS 10,000

UNION SCIOTO LOCAL SCHOOLS

14193 PLEASANT VALLEY RD
CHILLICOTHE,OH45601 		    KILN 5,565

VETERANS IN TRANSITION

26 ROZELLE CREEK RD
CHILLICOTHE,OH45601 		    RENT, UTILITIES FURNITURE 5,000

VILLAGE OF KINGSTON

55 WALNUT ST PO BOX 78
KINGSTON,OH45644 		    REPAIRS TO COUNCIL BUILDING 10,000

YOUNG LIFE OF ROSS COUNTY

PO BOX 6334
CHILLICOTHE,OH45601 		    BUS TRANSPORTATION TO CAMP 2,500

YOUNG MENS CHRISTIAN ASSOCIATION OF ROSS COUNTY

100 MILL ST
CHILLICOTHE,OH45601 		    WEIGHT EQUIPMENT 10,000
Total ................................. 3a 349,655
bApproved for future payment
Total ................................. 3b 0
Form 990-PF (2025)
Form 990-PF (2025)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 642  
4 Dividends and interest from securities ....     14 223,875  
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 -158,000  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aGRANT REFUNDS FROM PRIOR YEAR 		      687  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 67,204 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
67,204
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2025)
Form 990-PF (2025)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2025 AccountingFeesSchedule
Name:
DAVID MEADE MASSIE TRUST
EIN:
31-6022292
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING 2,530 0   2,530

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

TY 2025 DepreciationSchedule
Name:
DAVID MEADE MASSIE TRUST
EIN:
31-6022292
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
OFFICE EQUIPMENT 2000-01-09 13,704 13,128 200DB 10.000000000000 576 0    
COMPUTER EQUIPMENT 2003-02-03 4,581 4,581 200DB 5.000000000000 0 0    
CANON COPIER 2015-04-30 1,849 923 200DB 5.000000000000 1 0    
COMPUTER EQUIPMENT 2017-09-15 1,522 761 200DB 5.000000000000 0 0    

TY 2025 InvestmentsCorpStockSchedule
Name:
DAVID MEADE MASSIE TRUST
EIN:
31-6022292
Name of Stock End of Year Book Value End of Year Fair Market Value
AMERICAN ELECTRIC POWER (804 SHS) 12,615 92,709
APPLE INC (1728 SHS) 75,114 469,774
AT&T INC (3946 SHS) 41,867 98,019
BALL CORP (1340 SHS) 80,053 70,980
BANK OF AMERICA (1968 SHS) 49,981 35,700
BRISTOL MYERS (1117SHS) 22,145 60,251
BROADCOM INC (500 SHS) 27,533 173,050
CAPITAL ONE (1950 SHS) 49,942 35,276
CHEMED NEW (220 SHS) 3,866 94,129
CISCO SYSTEMS (2239 SHS) 110,524 172,470
COMCAST CORP NEW (1460 SHS) 9,440 43,639
CWALT INC 5.5% (2005-19CB) 3,624 3,396
DEERE & CO (340 SHS) 146,900 158,294
DUKE ENERGY NEW (850 SHS) 37,182 99,629
EATON VANCE GR TR (3003 SHS) 50,000 90,964
ELI LILLY & COMPANY (440SHS) 5,348 472,859
ENBRIDGE INC (861 SHS) 12,678 41,182
VIRTUS INFRACAP US PFD STOCK ETF (2456 SHS) 61,216 52,927
INFRACAP REIT PRF ETF (2522 SHS) 60,240 45,446
EXXON-MOBIL CP (1407 SHS) 27,693 169,318
FIRST TRUST EXCHANGE (3113 SHS) 63,415 56,719
FRANKLIN INCOME FUND (70187 SHS) 144,337 174,766
HOME DEPOT INC (455 SHS) 75,386 156,566
HUNTINGTON BANCSHARES (1927 SHS) 49,977 32,932
ILLINOIS TOOL WORK (699 SHS) 125,933 172,164
INGREDION INC (500 SHS) 5,085 55,130
INTEL CORP (1957 SHS) 97,496 72,213
INVESCO DEV MKTS (1621 SHS) 50,005 56,783
INVESCO PFD ETF (4172 SHS) 63,982 46,893
ISHARES TRUST PFD (1654 SHS) 63,916 51,208
JANUS HENDERSON GLOBAL EQUITY INCOME CL C (8393 SHS) 62,789 61,186
JOHNSON & JOHNSON (375 SHS) 49,898 77,606
JP MORGAN CHASE & CO (3340 SHS) 87,463 67,602
JPMORGAN CHASE & COMPANY (736 SHS) 75,374 237,154
LOWES (470 SHS) 95,576 113,345
MCDONALDS CORP (444 SHS) 75,379 135,700
MICROSOFT CORP (967 SHS) 172,338 467,661
MORGAN STANLEY CAP III PFD 6.25% 86,140 75,000
NEXTERA ENERGY INC (2232 SHS) 5,274 179,185
NORFOLK SOUTHERN (700 SHS) 19,267 202,104
NUVEEN PFD. CVRT (4625 SHS) 68,399 37,509
PFIZER INC (817 SHS) 13,566 20,343
PIMCO INCOME CL A (44562 SHS) 539,486 489,734
PNC FINANCIAL SVCS (687 SHS) 110,038 143,398
PRINCIPAL FUND PFD (13879 SHS) 143,500 131,293
PROCTER & GAMBLE (1600 SHS) 38,603 229,296
PRUDENT FINANCIAL GROUP (480 SHS) 47,044 54,182
QUALCOMM INC (1267 SHS) 82,989 216,720
SCE TRUST II PFD (2640 SHS) 63,630 46,807
SHERWIN WILLIAMS (300 SHS) 46,447 97,209
SOUTHERN COMPANY (1430 SHS) 7,068 124,696
TAIWAN SEMICONDUCTOR (360 SHS) 27,729 109,400
THERMO FISHER SCIENTIFIC (186 SHS) 60,540 107,778
THORNBURG INCOME BLDR (11114 SHS) 210,091 365,884
TRAVELERS COMPANIES INC (284 SHS) 512 82,377
UNITEDHEALTH GROUP (232 SHS) 121,494 76,586
VERIZON (427 SHS) 11,497 17,392
VISA INC CLASS A (672 SHS) 75,447 235,677
WEC ENERGY (1365 SHS) 28,712 143,953

TY 2025 InvestmentsGovtObligationsSch
Name:
DAVID MEADE MASSIE TRUST
EIN:
31-6022292
US Government Securities - End of Year Book Value:

2,392
US Government Securities - End of Year Fair Market Value:

2,381
State & Local Government Securities - End of Year Book Value:


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


0


TY 2025 LandEtcSchedule2
Name:
DAVID MEADE MASSIE TRUST
EIN:
31-6022292
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
OFFICE EQUIPMENT 13,704 13,704 0 0
COMPUTER EQUIPMENT 4,581 4,581 0 0
CANON COPIER 1,849 1,849 0 0
COMPUTER EQUIPMENT 1,522 1,522 0 0


TY 2025 OtherExpensesSchedule
Name:
DAVID MEADE MASSIE TRUST
EIN:
31-6022292
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OFFICE EXPENSE 873 0   873
COURT COST 82 0   82
STATE FILING FEE 200 0   200
TRUSTEE BOND 375 0   375
POSTAGE 12 0   12
BOND ACCRETION 6,629 6,629   0


TY 2025 OtherIncomeSchedule2
Name:
DAVID MEADE MASSIE TRUST
EIN:
31-6022292
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
GRANT REFUNDS FROM PRIOR YEAR 687   687


TY 2025 TaxesSchedule
Name:
DAVID MEADE MASSIE TRUST
EIN:
31-6022292
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PAYROLL TAXES 2,873 0   2,873
FOREIGN TAX 3,062 3,062   0