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
THE TWENTY FIRST CENTURY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address) PO BOX 246
  Room/suite
City or town
MONROEVILLE
State or province
OH
Country  
ZIP or foreign postal code
44847
A Employer identification number

34-1852806
B Telephone number (see instructions)

4194652587
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)$51,240,908J 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) 991,557
2 Check .................
3 Interest on savings and temporary cash investments 289,976 226,005 289,976
4 Dividends and interest from securities... 1,133,704 1,133,704 1,133,704
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,555,144
b Gross sales price for all assets on line 6a 4,776,345
7 Capital gain net income (from Part IV, line 2)... 2,555,144
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
36,290 31,602 36,290
12 Total. Add lines 1 through 11........ 5,006,671 3,946,455 1,459,970
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
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
45,900 22,950   22,950
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
148,833 74,417   74,416
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
58,400 58,200   200
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
48,048 48,048    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 301,181 203,615   97,566
25 Contributions, gifts, grants paid....... 2,204,142 2,204,142
26 Total expenses and disbursements. Add lines 24 and 25 ................ 2,505,323 203,615   2,301,708
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,501,348
b Net investment income (if negative, enter -0-) 3,742,840
c Adjusted net income (if negative, enter -0-)... 1,459,970
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............. 804,007 853,485 853,483
2 Savings and temporary cash investments.........      
3 Accounts receivable  
Less: allowance for doubtful accounts        
4 Pledges receivable  
Less: allowance for doubtful accounts        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule)  
Less: allowance for doubtful accounts        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 1,726,155 Click to see attachment
List of Attached Documents:
// Content
2,040,106 		1,960,407
b Investments—corporate stock (attach schedule)....... 7,787,579 Click to see attachment
List of Attached Documents:
// Content
7,663,275 		16,449,219
c Investments—corporate bonds (attach schedule)....... 3,139,192 Click to see attachment
List of Attached Documents:
// Content
4,424,613 		4,503,963
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
15 Other assets (describe ) Click to see attachment
List of Attached Documents:
// Content
21,575,355 		Click to see attachment
List of Attached Documents:
// Content
22,552,157 		Click to see attachment
List of Attached Documents:
// Content
27,473,836
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 35,032,288 37,533,636 51,240,908
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe )    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 500,000 500,000
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 34,532,288 37,033,636
29 Total net assets or fund balances (see instructions)..... 35,032,288 37,533,636
30 Total liabilities and net assets/fund balances (see instructions). 35,032,288 37,533,636
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
35,032,288
2
Enter amount from Part I, line 27a .....................
2
2,501,348
3
Other increases not included in line 2 (itemize)
3
 
4
Add lines 1, 2, and 3 ..........................
4
37,533,636
5
Decreases not included in line 2 (itemize)
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
37,533,636
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 D    
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 3,491,722   2,221,201 1,270,521
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       1,270,521
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 2,555,144
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: 1999-08-01(attach copy of letter if necessary–see instructions) 1 52,025
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 52,025
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 52,025
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 48,611
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 15,000
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 63,611
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
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 11,586
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax11,586 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. $   (2) On foundation managers.$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
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
Yes
 
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 ofJOSEPH L SCHAG Telephone no. (419) 465-2587

Located atP O BOX 246MONROEVILLEOH ZIP+444847
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
 
 
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
 
No
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
JOHN A BORES TRUSTEE
000.00 		0 0 0
11584 E CTY RD 32
BELLEVUE,OH44811
MARY L BORES TRUSTEE
000.00 		0 0 0
11584 E CTY RD 32
BELLEVUE,OH44811
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...................  
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
CANDICE D KINN MANAGEMENT 148,833
10014 RANSOM ROAD
MONROEVILLE,OH44847
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1 N/A  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................  
Form 990-PF (2025)
Form 990-PF (2025)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
47,696,962
b
Average of monthly cash balances.......................
1b
336,588
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
48,033,550
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
 
3
Subtract line 2 from line 1d.........................
3
48,033,550
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
720,503
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
47,313,047
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
2,365,652
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
2,365,652
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
52,025
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
52,025
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
2,313,627
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
2,313,627
6
Deduction from distributable amount (see instructions) .................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
2,313,627
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
2,301,708
b
Program-related investments—total from Part VIII-B..................
1b
 
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
2,301,708
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 2,313,627
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 1,662,033
b Total for prior years:20 , 20, 20  
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 ........  
4Qualifying distributions for 2025 from Part
XI, line 4: $ 2,301,708
a Applied to 2024, but not more than line 2a 1,662,033
b Applied to undistributed income of prior years
(Election required—see instructions) ..... 		 
c Treated as distributions out of corpus (Election
required—see instructions) ........ 		 
d Applied to 2025 distributable amount..... 639,675
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2025.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2024. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2025. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2026 .......... 		1,673,952
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2020 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		 
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).)
JOHN A AND MARY L BORES
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
ARTISTS' OPEN STUDIO


32 EAST MAIN STREET
NORWALK,OH44857 		    STUDIO ART SUPPLIES 25,000
ATTICA FAIR ASSOCIATION


PO BOX 433
ATTICA,OH44807 		    FAIR OPERATIONS, NEW BARN 9,250
BACK TO THE WILD


PO BOX 423
CASTALIA,OH44824 		    ANIMAL ASSITANCE/OPERATIONS 10,000
BELLEVUE ALUMNI ASSOCIATION


PO BOX 191
BELLEVUE,OH44811 		    MEMORIAL SCHOLARSHIP 25,000
BELLEVUE FISHES LOAVES


203 MAPLE STREET
BELLEVUE,OH44811 		    PANTRY SUPPLY/FOOD 10,000
BELLEVUE ROTARY FOUNDATION


PO BOX 291
BELLEVUE,OH44811 		    A NITE AT THE RACE FUNDRAISER 450
BELLEVUE UNITED SELECT FUND


250 W MAIN STREET
BELLEVUE,OH44811 		    LOCAL NON-PROFIT SUPPORT 20,000
CARE SHARE OF ERIE COUNTY


241 JACKSON STREET
SANDUSKY,OH44870 		    PANTRY SUPPLY/FOOD 15,000
CARING COMMUNITY PANTRY


PO BOX 321
WAKEMAN,OH44889 		    PANTRY SUPPLY/FOOD 5,000
CASA OF HURON COUNTY


2 E MAIN STREET
NORWALK,OH44857 		    VOLUNTEER TRAINING 3,000
CATHOLIC CHARITIES


48 EXECUTIVE DRIVE
NORWALK,OH44857 		    CRISIS ASSISTANCE, HOUSING, MEALS 15,000
COMMUNITY YOUTH MENTORING


904 W WASHINGTON STREET
SANDUSKY,OH44870 		    KIDS MENTORING PROGRAM 4,000
ERIE COUNTY HUMANE SOCIETY


1911 SUPERIOR STREET
SANDUSKY,OH44870 		    ANIMAL ASSISTANCE/OPERATIONS 15,000
ERIE COUNTY JOB FAMILY SERVICES


221 W PARISH STREET
SANDUSKY,OH44870 		    FOSTER CARE FUND 25,000
FIRELANDS HABITAT FOR HUMANITY


7602 MILAN ROAD
SANDUSKY,OH44870 		    HOME BUILDING SUPPLIES 25,000
FIRELANDS RAILS TO TRAILS


44 E MAIN STREET
NORWALK,OH44857 		    BIKE TRAIL UPGRADES 3,000
FIRST PRESBYTERIAN CHURCH


21 FIRELANDS BLVD
NORWALK,OH44857 		    SCHOOL SUPPLIES/TUTORING 10,000
GOOD KNIGHTS OF LORAIN COUNTY


24154 OH 511
WELLINGTON,OH44090 		    NEW TRAILER, SUPPLIES FOR BEDS 10,000
GRACE BAGS 626


180 NELSON ST
CLYDE,OH43410 		    BLESSING BAG SUPPLIES 1,000
HEARTBEAT PREGNANCY CENTER


3423 COLUMBUS AVE
SANDUSKY,OH44870 		    CLIENT ASSISTANCE/OPERATIONS 1,000
HUMANE SOCIETY OF SANDUSKY


1315 N RIVER ROAD
FREMONT,OH43420 		    ANIMAL ASSISTANCE/OPERATIONS 15,000
HURON COUNTY FOP 185


PO BOX 348
WAKEMAN,OH44889 		    SHOP WITH A COP 1,000
HURON COUNTY HUMANE SOCIETY


246 WOODLAWN AVE
NORWALK,OH44857 		    ANIMAL ASSISTANCE/OPERATIONS 20,000
HURON COUNTY JOB AND FAMILY SERVICE


185 SHADY LANE
NORWALK,OH44857 		    FOSTER CARE FUND 25,000
HURON COUNTY JR FAIR LIVESTOCK


940 FAIR ROAD
NORWALK,OH44857 		    SPONSOR 4-H PROJECTS 24,033
HURON COUNTY SERVICES FOR THE AGING


130 SHADY LAND DR
NORWALK,OH44857 		    SENIOR ENRICHMENT SERVICES 3,000
IMMACULATE CONCEPTION SCHOOL


304 E MAIN STREET
BELLEVUE,OH44811 		    SCHOOL IMPROVEMENTS, TUITION 13,000
KNIGHTS OF COLUMBUS BELLEVUE


816 MONROE STREET
BELLEVUE,OH44811 		    LOCAL NONPROFIT SUPPORT 3,000
KNIGHTS OF COLUMBUS MONROEVILLE


PO BOX 181
MONROEVILLE,OH44847 		    LOCAL NONPROFIT SUPPORT 3,000
KNIGHTS OF COLUMBUS NORWALK


254 W MAIN STREET
NORWALK,OH44857 		    LOCAL NONPROFIT SUPPORT 3,000
LIBERTY CENTER HOMELESS SHELTER


1421 EAST STATE STREET
FREMONT,OH43420 		    SHELTER SUPPORT 10,000
MICHAEL'S HOUSE


203 W MADISON STREET
SANDUSKY,OH44870 		    DOMESTIC SHELTER SUPPORT 3,000
MIRIAM HOUSE


249 W MAIN STREET
NORWALK,OH44857 		    SHELTER SUPPORT 10,000
MONROEVILLE HIGH SCHOOL


101 WEST STREET
MONROEVILLE,OH44847 		    FOUNDATION SCHOLARSHIP 31,250
MONROEVILLE POLICE DEPT


9 MONROE STREET
MONROEVILLE,OH44847 		    COMMUNITY PROJECTS 3,000
MONROEVILLE PUBLIC LIBRARY


34 MONROE STREET
MONROEVILLE,OH44847 		    UPKEEP, BOOKS 10,750
MONROEVILLE UNITED CHURCH


29 CHAPEL STREET
MONROEVILLE,OH44847 		    NON-PERISHABLE ITEMS 5,000
NBC FOOD PANTRY


2084 US HWY 20 W
NORWALK,OH44857 		    PANTRY SUPPLY/FOOD 2,000
NORWALK AREA FOOD BANK


92 N PROSPECT STREET
NORWALK,OH44857 		    PANTRY SUPPLY/FOOD 15,000
NORWALK AREA UNITED FUND


2 EAST SEMINARY PO BOX 1
NORWALK,OH44857 		    IMAGINATION LIBRARY 30,000
NORWALK CATHOLIC SCHOOL


93 EAST MAIN STREET
NORWALK,OH44857 		    ROOF REPLACEMENT 30,000
NORWALK CLOTHING BANK


51 BENEDICT AVE
NORWALK,OH44857 		    CLOTHING, SUPPLIES, OPERATIONS 10,379
NORWALK HIGH SCHOOL


350 SHADY LAND DR
NORWALK,OH44857 		    FOUNDATION SCHOLARSHIP & ROBOTICS 23,200
NORWALK PUBLIC LIBRARY


46 WEST MAIN STREET
NORWALK,OH44857 		    LIBRARY UPKEEP 5,000
OH-GO


3616 PLUMBROOK CIRCLE
SANDUSKY,OH44870 		    FOOD, GIFT CARD FOR HOMELESS 35,000
OUR LADY OF LOURDES FOOD BANK


18 PARK AVE
NEW LONDON,OH44851 		    PANTY SUPPLY/FOOD 10,000
PASS IT ON CLOTHING


203 MAPLE STREET SUITE B
BELLEVUE,OH44811 		    CLOTHING, SUPPLIES, OPERATIONS 5,000
PLYMOUTH-SHILOH FOOD BANK


26 MECHANIC ST
SHILOH,OH44878 		    PANTRY SUPPLY/FOOD 13,000
REACH OUR YOUTH


2 E MAIN STREET ROOM 102
NORWALK,OH44857 		    KIDS MENTORING PROGRAM 2,000
SANDUSKY BAY KIWANIS FOUNDATION


2911 HAVES AVE
SANDUSKY,OH44857 		    STUFF THE BUS SCHOOL SUPPLIES 15,000
SANDUSKY CO JOB AND FAMILY


2511 COUNTRYSIDE DR
FREMONT,OH43420 		    FOSTER CARE FUND 25,000
SANDUSKY COUNTY JR FAIR LIVESTOCK


PO BOX 124
FREMONT,OH43420 		    SPONSOR 4-H PROJECTS 4,975
SCH-LOE-MAN AMERICAN LEGION


PO BOX 481
MONROEVILLE,OH44847 		    FUNDRAISER 2,000
SECOND HARVEST FOOD BANK


7445 DEER TRAIL LANE
LORAIN,OH44053 		    PANTRY SUPPLY/FOOD 15,000
SENECA COUNTY HUMANE SOCIETY


2811 S STATE ROUTE 100
TIFFIN,OH44883 		    ANIMAL ASSISTANCE 15,000
SENECA COUNTY JOB FAMILY


900 E CR 20
TIFFIN,OH44883 		    FOSTER CARE FUND 25,000
SENECA COUNTY JUNIOR FAIR LIVESTOCK


PO BOX 153
NEW RIEGEL,OH44853 		    SPONSOR 4-H PROJECTS 5,000
SENECA EAST HIGH SCHOOL


13343 EAST US HWY 224
ATTICA,OH44807 		    FOUNDATION SCHOLARSHIP 21,000
SENECA EAST LOCAL SCHOOLS


13343 US 224
ATTICA,OH44807 		    CROSS COUNTRY EVENT 27,000
SENECA EAST PUBLIC LIBRARY


14 NORTH MAIN STREET
ATTICA,OH44807 		    LIBRARY UPKEEP 5,000
SENECA HABITAT FOR HUMANITY


65 GRACE STREET
TIFFIN,OH44883 		    HOME BUILDING SUPPLIES 25,000
SIMON ACTS


1971 EUCLID RD
NEW LONDON,OH44851 		    FINANCIAL ASSISTANCE, NUTRITION SUPP 2,000
ST GASPAR CATHOLIC PARISH


16209 E CO ROAD 46
BELLEVUE,OH44811 		    REVERSE RAFFLE 1,000
ST JOSEPH CATHOLIC SCHOOL


66 CHAPEL STREET
MONROEVILLE,OH44857 		    ANNUAL FUND, SCHOOL IMPROVEMENTS 90,000
ST PAUL HIGH SCHOOL


93 EAST MAIN STREET
NORWALK,OH44857 		    FOUNDATION SCHOLARSHIP 20,000
ST VINCENT DE PAUL SOCIETY BELLEVUE


231 E CENTER STREET
BELLEVUE,OH44811 		    RENT AND UTILITIES ASSISTANCE 9,000
STARTING POINT OUTREACH CENTER


117 S MYRTLE AVE
WILLARD,OH44890 		    RENT AND UTILITIES ASSITANCE 22,000
TEEN LEADERSHIP CORPS


12984 RIDGE CREEK
STRONGSVILLE,OH44136 		    YOUTH 5,000
THE BELLEVUE ATHLETIC BOOSTERS


5796 CR 177
BELLEVUE,OH44811 		    FOOTBALL TEAM SPONSORSHIP 500
THE BELLEVUE MINISTERIAL


PO BOX 182
BELLEVUE,OH44811 		    SCHOOL SUPPLIES 10,000
THE BLESSING BASKET FOOD PANTRY


PO BOX 175
WILLARD,OH44890 		    PANTRY SUPPLY/FOOD 5,000
THE PIGGYBACK FOUNDATION


PO BOX 436
NORWALK,OH44857 		    CANCER PATIENT ASSISTANCE 5,000
THE SALVATION ARMY - NORWALK


55 WHITTLESEY AVE
NORWALK,OH44857 		    FOOD/CLOTHING/SUPPLIES 280,000
TIFFIN SENECA UNITED WAY


PO BOX 368
TIFFIN,OH44883 		    LOCAL NONPROFIT SUPPORT 20,000
TOYS FOR TOTS


11911 THOMA ROAD
MONROEVILLE,OH44847 		    CHRISTMAS GIFTS 3,000
TRINITY LUTHERAN CHURCH


121 BROAD ST
MONROEVILLE,OH44847 		    YOUTH CLUB AND YOUTH PROGRAMMING 5,000
VICTORY KITCHEN


1613 HAYES AVENUE
SANDUSKY,OH44870 		    GIFT CARDS FOR HOMELESS 15,000
VOLUNTEERS OF AMERICA


1843 SUPERIOR STREET
SANDUSKY,OH44870 		    CLIENT ASSISTANCE FUND, GIFT CARDS 210,000
WOMEN HELPING YOUNG MOTHERS


914 EAST STATE STREET
FREMONT,OH43420 		    RECOVERY AND PARENTING PROGRAMS 10,000
AMERICAN RED CROSS OF NORWALK


37 E WASHINGTON ST
NORWALK,OH44857 		    OPERATIONS 10,000
NORWALK ARTS CENTER


PO BOX 656
NORWALK,OH44857 		    RENOVATION 100,000
HARRY KRISHA


1950 FAIRFIELD ANGLING RD
NORTH FAIRFIELD,OH44855 		    HANDICAPPED VAN 2,500
BREAKTHROUGH T1D


PO BOX 5069
HAGERSTOWN,MD21741 		    JUVENILE DIABETES RESEARCH 2,000
CLI INCORPORATED


PO BOX 508
NORWALK,OH44857 		    KENILEE LANES PROJECT 10,000
EHOVE CAREER CENTER


316 W MASON RD
MILAN,OH44846 		    SCHOLARSHIP 28,000
ELLIE ZELLER


800 N SANDUSKY AVE
UPPER SANDUSKY,OH43351 		    SCHOLARSHIP 10,000
FINANCIAL ASSISTANE FOR CANCER TREA


80 MINERVA STREET
TIFFIN,OH44883 		    CANCER PATIENT ASSISTANCE 550
FATHERS HEART FOOD OUTREACH


2211 MILLS STREET
SANDUSKY,OH44870 		    PANTRY SUPPLY 5,000
AMANDA MESENBERG


51 EAST MAIN STREET
NORWALK,OH44857 		    ALS SUPPORT 10,000
KENDALL CONLEY


1257 KINGSRIDGE RD
CARROLLTON,KY41008 		    HEALTHCARE ASSISTANCE 7,000
GOODWILL INDUSTRIES


419 W MARKET STREET
SANDUSKY,OH44870 		    COMMUNITY HEALTH 15,000
HURON COUNTY AREA VETERANS COUNCIL


PO BOX 432
NORWALK,OH44857 		    GOLF OUTING FUNDRAISER 1,000
LAKE ERIE ARMS


7421 OH 412
CLYDE,OH43410 		    CLAY SHOOTING TEAM DONATION 1,000
LIFE OUT LOUD LLC


904 1/2 W WASHINGTON ST
SANDUSKY,OH44870 		    NEW TRANSPORTATION 5,000
MEIJER


4702 MILAN ROAD
SANDUSKY,OH44870 		    GIFT CARDS 384,010
MONROEVILLE ATHLETIC BOOSTERS


101 WEST STREET
MONROEVILLE,OH44847 		    MARSH FIELD REVITALIZATION 100,000
NORWALK BAPTIST CHURCH


2084 US 20
NORWALK,OH44857 		    FOOD PANTRY 2,000
NORWALK HIGH SCHOOL ROBOTICS


350 SHADY LANE DRIVE
NORWALK,OH44857 		    TEAM SPONSORSHIP 1,000
OVARIAN CANCER CONNECTION


1112 BIRCHARD AVE
FREMONT,OH43420 		    WALK FUNDRAISER 500
POTTERS HOUSE


PO BOX 982
NORWALK,OH44857 		    HOMELESS SUPPORT 2,000
SENECA EAST YOUNG FARMERS


PO BOX 144
ATTICA,OH44807 		    FUNDRAISER 300
SOUL SISTERS CREATIONS


101 WEST STREET
MONROEVILLE,OH44811 		    MONROEVILLE STAFF SHIRTS 1,495
VILLAGE OF ATTICA


20 S MAIN STREET
ATTICA,OH44807 		    LEGION PARK UPDATES 5,000
WILLARD HIGH SCHOOL


ONE FLASHES DRIVE
WILLARD,OH44890 		    SCHOLARSHIP 6,000
WREATHS ACROSS AMERICA


211 SMITH STREET
GREEN SPRINGS,OH44836 		    JEREMY SHOCK MEMORIAL 2,000
Total ................................. 3a 2,204,142
bApproved for future payment
Total ................................. 3b  
Form 990-PF (2025)
Form 990-PF (2025)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 289,976  
4 Dividends and interest from securities ....     14 1,133,704  
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 .....     16 31,602  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 2,555,144  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aBRIAN BORES POUROVER TRUST 		    14 3,405  
bWASH SALE     14 881  
cDISTRIBUTION     14 402  
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   4,015,114  
13Total. Add line 12, columns (b), (d), and (e)..................
13
4,015,114
(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
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.
Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
THE TWENTY FIRST CENTURY FOUNDATION
 
Employer identification number

34-1852806
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 2025) Page 2
Name of organization
THE TWENTY FIRST CENTURY FOUNDATION
  		Employer identification number
34-1852806
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
JOHN A MARY L BORES
11584 EAST COUNTY ROAD 32
 
BELLEVUE, OH44811

$ 991,557


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
THE TWENTY FIRST CENTURY FOUNDATION
  		Employer identification number

34-1852806
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 AMERICAN INC FUND AMER $ 347,221 2025-10-29
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
THE TWENTY FIRST CENTURY FOUNDATION
  		Employer identification number

34-1852806
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2025 AccountingFeesSchedule
Name:
THE TWENTY FIRST CENTURY FOUNDATION
EIN:
34-1852806
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 37,800 18,900   18,900
TAX PREPARATION 8,100 4,050   4,050

TY 2025 InvestmentsCorpBondsSchedule
Name:
THE TWENTY FIRST CENTURY FOUNDATION
EIN:
34-1852806
Name of Bond End of Year Book Value End of Year Fair Market Value
APPLE SENIOR UNSECURED 50,020 49,950
APPLE INC INC NOTE 3.35% 49,567 49,845
APPLE INC SENIOR NOTE 4.5% 146,201 151,697
BLACKROCK INC 3.25% 45,628 49,010
BLACKROCK INC 1.90% 81,498 89,954
BLACKROCK INC 4.75% 48,717 51,241
CME GROUP IN 2.65 165,179 183,068
EXXON MOBILE 98,191 99,870
EXXON MOBILE 2.61% 178,349 187,700
FED FARM CREDIT BK CONS BONDS (2.75% 247,907 247,043
FED FARM CREDIT BK CONS BONDS (2.80% 195,718 195,556
GOLDMAN & SACHS BANK USA 100,000 99,890
IBM CORP. DEBENTURES 5.875 115,478 107,982
JOHNSON & JOHNSON NOTE 4.375 186,192 177,779
JOHNSON & JOHNSON SENIOR NOTES 50,032 49,885
JOHNSON & JOHNSON NOTE 3.625% 216,329 227,750
JOHNSON & JOHNSON NOTE 3.4% 178,306 176,612
MICROSOFT CORP SENIOR NOTE 3.45% 132,329 137,292
MICROSOFT COROP NOTE 3.5% 108,309 94,428
PROCTOR & GAMBLE CO NOTE 5.55% 104,160 108,337
TVA GLB CONS 249,367 264,783
WAL-MART INC 1.80% 39,927 44,601
WALMART INC NOTE 3.95% 85,461 93,005
BANK MONTREAL MED TERM 5.20% 50,000 50,004
WALMART STORES INC 5.25% 103,058 105,976
ABBOTT LABS 4.75% 100,417 100,824
FEDERAL FARM CR BKS CONS 5.49% 100,188 99,637
BLACKROCK INC 2.10% 124,749 132,602
PROCTOR & GAMBLE CO 4.55% 50,299 50,726
ABBOTT LABS 6.15% 287,318 280,125
WALMART STORES INC 6.20% 168,861 169,679
EXXON MOBIL CORP 4.227% 88,756 91,960
VISA INC 2.70% 75,640 77,317
CHEVRON CORP NEW 2.978% 190,591 194,305
FED FARM CREDIT BK CONS BOND 100,118 100,022
FEDERAL HOME MTG CORP 2.70% 60,310 62,225
FEDERAL HOME BKS 5.00% 51,443 51,283

TY 2025 InvestmentsCorpStockSchedule
Name:
THE TWENTY FIRST CENTURY FOUNDATION
EIN:
34-1852806
Name of Stock End of Year Book Value End of Year Fair Market Value
ABBVIE INCORPORATED 153,933 387,092
ACCENTURE LTD IRELAND 37,099 136,347
ADOBE INC 83,825 87,498
ADVANCED MICRO DEVICES 169,254 235,576
AES CORP 64,008 34,243
ALPHABET INC 117,213 939,000
AMAZON.COM INC 24,904 346,230
AMENTUM HLDGS INC    
AMERICAN ELECTRICAL POWER 154,376 203,643
AMERICAN TOWER CORP NEW REIT 104,378 104,396
AMETEK INC 51,128 206,883
AMGEN INC 104,452 181,599
AMPHENOL 39,567 247,618
ANALOG DEVICES INC. 69,158 236,193
APPLE INC 40,535 276,542
AT&T INC 57,652 67,775
BANK OF AMERICA CORP 129,716 233,556
BLACKROCK INC 97,322 205,917
BOOKING HOLDINGS INC 49,470 217,583
BROADCOM INC 89,668 175,627
CAPITAL ONE FINANCIAL CORP    
CARRIER GLOBAL 152,476 219,859
CHEVRON 225,839 358,571
CIGNA CORP NEW 30,436 43,932
CITIGROUP INC    
COCA COLA 52,949 87,405
COGNIZANT TECH SOLUTIONS CORP 37,521 51,515
COMCAST CORP 107,067 122,506
CONAGRA BRANDS INC 95,553 55,860
CORTEVA INC 65,138 69,354
CUMMINS ENGINE INC. 29,635 173,732
CVS CORP 55,482 74,807
DANAHER CORP 45,813 111,012
DIAGEO PLC ADR 64,174 43,249
DUKE ENERGY 119,080 148,512
ECOLAB INC 64,333 108,149
EMERSON ELECTRIC 59,272 150,232
EVERUS CONSTR GROUP INC 14,192 34,310
EXXON 63,759 134,650
FMC CORP 87,580 24,648
FORTINET INC. 95,299 119,115
FORTIS INC 90,226 138,898
FREEPORT-MCMORAN INC 46,516 54,247
HERSHEY FOODS CORP 80,132 137,389
HONEYWELL 45,937 151,842
ILLINOIS TOOL WORKS 90,700 214,355
INTUIT 122,442 133,975
JACOBS ENGINEERING GROUP 54,973 155,113
JOHNSON & JOHNSON 156,691 380,240
JP MORGAN CHASE & CO 210,804 809,966
KELLANOVA    
KONTOOR BRANDS INC 33,419 73,902
LINDE PLC 99,521 229,214
LOCKHEED MARTIN CORP 55,779 99,136
MAGNA INTERNATIONAL INC 40,049 55,189
MANULIFE FINANCIAL CORP 75,811 143,466
MARATHON PETE CORP 42,644 174,792
MASTERCARD INC. 131,394 294,543
MCDONALDS CORP 127,020 262,012
MDU RESOURCES GROUP INC 17,542 32,322
MEDTRONIC PLC 76,187 87,474
MERCK & CO. INC. 82,033 176,987
MICRON TECHNOLOGY 103,094 215,220
MICROSOFT CORP 173,712 616,803
MONDELEZ INTERNATIONAL 116,309 178,198
NOVARTIS    
NUTRIEN LIMITED 63,795 50,668
NVIDIA CORP 104,136 419,728
ORACLE 81,485 368,258
PAYPAL HOLDINGS INC    
PEPSICO 79,081 143,001
PFIZER 179,419 163,924
PROCTOR & GAMBLE 119,036 231,995
RAYTHEON TECHNOLOGIES 116,661 367,509
REGIONS FINANCIAL 71,997 170,235
SALESFORCE CON 255,090 317,892
SOLVENTUM CORP    
STARBUCKS CORP 175,143 226,824
STATE STREET CORP 118,063 259,634
TEXAS INSTRUMENTS 55,379 91,163
THERMO FISHER SCIENTIFIC 48,322 234,110
TJX COS INC 46,816 184,450
TRACTOR SUPPLY CO 13,447 62,699
UNION PACIFIC CORP 59,161 137,475
VERIZON COMMUNICATIONS 74,149 59,455
VF CORP 84,600 56,401
VISA INC 91,487 355,970
WALT DISNEY CO 90,833 161,862
WARNER BROS DISCOVERY INC 79,221 88,708
WELLS FARGO 204,812 534,369
ZSALER INC 33,633 44,984
ELEVANCE HEALTH INC 53,313 53,130
ELI LILLY & CO 48,550 64,706
KENVUE INC 53,793 44,079
SERVICENOW INC 82,886 76,595
SOLSTICE ADVANCED MATLS INC 2,776 9,376

TY 2025 InvestmentsGovtObligationsSch
Name:
THE TWENTY FIRST CENTURY FOUNDATION
EIN:
34-1852806
US Government Securities - End of Year Book Value:

 
US Government Securities - End of Year Fair Market Value:

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


2,040,106
State & Local Government Securities - End of Year Fair Market Value:


1,960,407


TY 2025 OtherAssetsSchedule
Name:
THE TWENTY FIRST CENTURY FOUNDATION
EIN:
34-1852806
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
MUTUAL FUNDS 20,433,015 21,088,669 25,473,404
EXCHANGE TRADED FUNDS 792,458 887,517 1,424,461
BRIAN BORES TRUST RECEIVABLE 349,882 575,971 575,971


TY 2025 OtherExpensesSchedule
Name:
THE TWENTY FIRST CENTURY FOUNDATION
EIN:
34-1852806
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXPENSES        
POSTAGE & OTHER EXPENSE 166 166    
RETURN OF CAPITAL 21,921 21,921    
BOND PREMIUM AMORTIZATION 25,961 25,961    


TY 2025 OtherIncomeSchedule2
Name:
THE TWENTY FIRST CENTURY FOUNDATION
EIN:
34-1852806
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
BRIAN BORES TRUST 31,602 31,602 31,602
BRIAN BORES POUROVER TRUST 3,405   3,405
WASH SALE 881   881
DISTRIBUTION 402   402


TY 2025 OtherProfessionalFeesSchedule
Name:
THE TWENTY FIRST CENTURY FOUNDATION
EIN:
34-1852806
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CHARITABLE COORDINATOR 148,833 74,417   74,416


TY 2025 TaxesSchedule
Name:
THE TWENTY FIRST CENTURY FOUNDATION
EIN:
34-1852806
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN INCOME TAX ON DIVIDENDS 3,200 3,200    
OHIO TRUST FEES 200     200
FEDERAL INCOME TAX 55,000 55,000