Sealed proof · filed Form 990-PF
HELEN V FROEHLICH FOUNDATION
EIN 36-7033137, tax year June 1, 2024 to May 31, 2025. The return the foundation filed, as the IRS published it, with its arithmetic re-done exactly and sealed September 28, 2026.
This is the latest return the IRS has published for this foundation, for the tax year ended 2025-05-31. The IRS received it on February 6, 2026.
The answer
Nothing carried into the next year: the return shows the year’s amount paid within the year.
Every line we re-do agrees with the return as filed.
Keep this record for the foundation, year on year: the Filing Record, the foundation’s own order, cancellable in writing for a full refund until thirty days after the filing deadline.
Qualifying distributions1.23×
the distributable amount (Part XI ÷ Part X)
Carried to next year$0
undistributed income, Part XII: nothing carried into the next year
Distributions as a rate6.1%
of net noncharitable-use assets; the legal test is the distributable amount, not this rate
Assets at fair market value$26.4M
end of the tax year, Part II
Largest listed stock7.2%
C67066G104 ORACLE CORP COM
If that stock halved−3.6%
of total assets, from that one name
Filing Record: $2,600 a year, direct or at cost through the firm that prepares the return. This page stays whether or not the foundation buys anything. Cancel in writing for any reason, any time up to 30 days after your statutory 990-PF filing deadline (or 12 months from invoice, whichever is earlier): the year is refunded in full to the payer, and seals already generated remain checkable. Or write to a person →
Nothing here can be changed quietly. Try it
HELEN V FROEHLICH FOUNDATION · Form 990-PF, year ended May 31, 2025checking
Recomputing the seal in your browser…
The foundation’s own public return, sealed through the same free action as yours. Your edits stay in this page: nothing is sent and nothing is saved. A sealed copy shows nothing changed; it does not show the original was correct.
This page’s own short link: paretoalphasystems.com/p/37277c72b84a — it fits on a printed page, and whoever opens it can run the same check.
The return’s own arithmetic, re-done
| Line | As filed | Recomputed | Result |
|---|---|---|---|
| Minimum investment return: 5% of net noncharitable-use assets (Part IX line 6) | $1,280,825 | $1,280,825.2 | recomputes, within the form's whole-dollar rounding (difference −$0.2) |
| Excise tax: 1.39% of net investment income (Part V line 1) | $11,375 | $11,375.204 | recomputes, within the form's whole-dollar rounding (difference −$0.204) |
| Distributable amount: minimum investment return − taxes + recoveries − deduction (Part X line 7) | $1,269,450 | $1,269,450 | recomputes exactly |
Where the assets sit, at fair market value
| Part II line | Fair market value | Share of assets |
|---|---|---|
| Savings and temporary cash investments (line 2) | $1.6M | 6.2% |
| Corporate stock (line 10b) | $16.1M | 61.1% |
| Corporate bonds (line 10c) | $4.2M | 16.0% |
| Other investments (line 13) | $4.4M | 16.8% |
The ten largest listed stocks, of 297 on the schedule
The schedule ties to Part II line 10b exactly. It behaves like 26.2 equal holdings; the ten largest are 47.8% of the listed stock.
| Stock, as listed | Fair market value | Share of assets |
|---|---|---|
| C67066G104 ORACLE CORP COM | $1.9M | 7.2% |
| C33939L837 INTERCONTINENTAL EX | $1.6M | 5.9% |
| C665162582 MFB NORTHERN FUNDS | $721,960 | 2.7% |
| C037833100 BRISTOL MYERS SQUIB | $662,805 | 2.5% |
| C33939L407 MFC FLEXSHARES TR I | $543,832 | 2.1% |
| C46434G764 JPMORGAN CHASE & CO | $540,506 | 2.0% |
| C46625H100 JOHNSON & JOHNSON C | $476,784 | 1.8% |
| CG29183103 ADR AKZO NOBEL N V | $466,211 | 1.8% |
| C464288372 MFC ISHARES INC MSC | $446,099 | 1.7% |
| C22160K105 MFC FLEXSHARES TR M | $419,193 | 1.6% |
Largest other investments (line 13), as listed
| C991ASS990 PRIVATE EQUITY CORE | $2.6M | 9.7% |
| C9931GX990 SPONSOR BACKED CRED | $787,871 | 3.0% |
| C991XDR998 WM ALTS KKR GLOBAL | $543,586 | 2.1% |
| C665162541 NORTHERN FUNDS US G | $391,571 | 1.5% |
| C995KYH991 MFB NORTHERN FDS GL | $125,016 | 0.5% |
What the foundation answered on the form
- Part VI-B 4a: did the foundation invest during the year in a manner that would jeopardize its charitable purposes? No
- Part VI-B 4b: did it make any investment in a prior year that could jeopardize its charitable purpose and that had not been removed from jeopardy? No
- Part VI-B 3a: did it hold more than a 2% direct or indirect interest in any business enterprise? No
- Part VI-B 3b: did it have excess business holdings? Not answered (3a is “No”, so the form does not ask 3b. Our note; not part of the seal.)
- Part VI-B 2a: did it have undistributed income for prior years? No
Quoted as filed. These are the foundation’s own answers; this page does not test them.
Control statement · nine controls
Nine controls, read from the return.
Each control reads one part of the filed return and states a fact in a fixed vocabulary: agrees, differs, reported, not reported, not applicable, not checked. Whether any of it met a requirement is counsel’s question, not this page’s.
Recomputed each time the page is read; not part of the seal. The seal covers the body above (controls v2, kernel@2026-09-15.1).
This return: 4 agree, 4 reported, 1 not checked.
| Control | Reads | Result | Detail |
|---|---|---|---|
| Minimum investment return | Part IX line 6 against 5% of line 5, prorated for a short year | agrees | Filed $1,280,825; recomputed $1,280,825.2; agrees within the form's whole-dollar rounding. |
| Excise tax | Part V line 1 against 1.39% of net investment income | agrees | Filed $11,375; recomputed $11,375.20; agrees within the form's whole-dollar rounding. |
| Distributable amount | Part X line 7 against the form's own chain from line 1 | agrees | Filed $1,269,450; recomputed $1,269,450; agrees to the dollar. |
| Payout coverage | Part XI total against Part X line 7 | reported | Qualifying distributions $1,556,778 against a distributable amount of $1,269,450 (1.23×). |
| Payout deadline | Part XII undistributed income and the date it falls due | reported | Part XII reports $0 undistributed income for the year ended 31 May 2025: nothing carried into the next year, so nothing from this year falls due by 31 May 2026. |
| Holdings tie-out | The corporate-stock schedule against Part II line 10b | agrees | 297 listed holdings sum to Part II line 10b exactly; the largest is 7.2% of total assets. |
| The foundation's own answers | Part VI-B 2a, 3a, 3b, 4a and 4b, each answered | reported | All 4 answered No (3b not asked: 3a is No). |
| Filing timeliness | The e-file timestamp beside the original due date and the extension window, each with its IRC §7503 roll to the next business day | reported | Return timestamped 6 February 2026; the original due date was 15 October 2025; the six-month extension window ended 15 April 2026. Whether an extension was granted is not visible in the e-file; the timestamp is the preparer software's, not the IRS receipt. |
| Year-to-year continuity | This year's opening balances against last year's closing | not checked | Needs the prior year's return; one sealed year cannot check itself. |
A line that differs is the return’s figure beside the recomputed one, as filed and as recomputed. The return may carry a reason this page cannot read: a schedule filed on paper, an election, a later amendment. It is not a finding. The page is not indexed. It is read by whoever holds the link: the person who asked for it, and anyone the foundation sends it to, its preparer first.
Year-to-year continuity needs two filed years on record. The years, below, reads this foundation’s filed returns in order and holds each against the one before.
The calendar ahead
A payout is owed on last year’s assets, whatever this year’s market does.
Recomputed each time the page is read; not part of the seal. The seal covers the body above (forward v2, kernel@2026-09-15.1). Read against October 8, 2026.
| By | What | Amount | Basis |
|---|---|---|---|
| October 15, 2026 | Excise tax on the year ending 31 May 2026, due with that return by 15 October 2026 | $11,375 | Projected under the assumptions below |
| May 31, 2027 | Distributable amount for the year ending 31 May 2026, to be paid out | $1,269,449 | Projected under the assumptions below |
If net noncharitable-use assets fell 20% over the year ending May 31, 2026: what is owed now, nothing from Part XII, is unchanged; the following year’s minimum investment return would be $1,024,660, $256,165 less than the projection.
The assumptions, the forward kernel proof, and what was refused
- Net noncharitable-use assets for the year ending 31 May 2026 equal this return's Part IX line 5, $25616504; the thirteen-month average is not observable from a filing.
- Net investment income for that year equals this return's, $818360.
- No recoveries, income tax or deduction next year; the rates stay 5% and 1.39%; a full tax year.
- The fall shown is 20% of net noncharitable-use assets, applied to next year's average only; what is already owed was computed on this year's average and is unchanged.
- Forward kernel proof (the projection’s own, recomputed, not sealed)
ef535c14bc0d7aa5…· kernel@2026-09-15.1 · forward v2, controls v2
- A projection under the stated assumptions, from the foundation's own filed figures; not a forecast, not advice.
- The foundation's preparer computes the actual amounts from the year's monthly values; this page states what the last return implies if nothing changes.
- What is already owed was computed on last year's average assets and does not change with this year's market.
The years · carryover chain
One return is one year. The payout is kept across six.
What a foundation leaves undistributed is due by the end of the next tax year, and what it distributes beyond the year’s amount may be applied in the five years after. So what is owed, and what may be set against it, is only readable across the filed years. The IRS publishes those years; this reads them in order, re-adds each Part XII, and holds each year’s opening lines against the year before’s closing lines.
Sealed under a hash of their own the first time they are opened; not part of the seal above.
Up to six filed returns, read from the IRS and sealed under one hash, at a page of their own. Nothing about you is recorded.
The seal
Recomputed just now: it matches what was sealed on September 28, 2026. Anyone can check it without us.
For your auditor: what this hash is over, and how to check it from the IRS’s own file
proof
37277c72b84a00771ff19acfd83adc2171f08748ae73296961b091ed6bdd420e · recomputed now, matchesreturn Form 990-PF, IRS object
202610379349100716, schema 2024v5.2 — the file as the IRS published it hashes to aba3abc13cbed7b9…source file
202610379349100716_public.xml inside 2026_TEOS_XML_02A.zip at irs.gov — not part of the seal; fetch it yourself with verify_proof.py 37277c72b84a --fetcharithmetic
kernel@2026-09-15.1 · kernel proof 361482a94d82f374…rules
b839212b6742304a91af2ff9e04e24acdb32ac9fd48760e6b89289b532c4c45b · commit 7dd856f88a5e — the digest of the 990-PF rules this proof was sealed under (body v2); a proof of the same return under later rules names this hash as supersededThis page is not listed on this site and asks search engines not to index it. It is reached by its link, which whoever asked for it holds.
This foundation’s finance lead or counsel: to add a note beside this page, ask for a correction, or keep the record, write to us.
11,842 foundation returns re-done by the same code; in 11,827 every line we recompute agrees. The study.
This page stays whether or not the foundation buys anything.
Filing Record: $2,600 a year, direct or carried at cost by the firm that prepares the return.
The program, and the full body that was hashed
let total_assets_fmv = 26428358 USD let mix_savings = share(1631244 USD, total_assets_fmv) let mix_stock = share(16137962 USD, total_assets_fmv) let mix_bonds = share(4226151 USD, total_assets_fmv) let mix_other = share(4433001 USD, total_assets_fmv) let net_noncharitable_assets = 25616504 USD let mir_filed = 1280825 USD let mir_recomputed = net_noncharitable_assets * 5% let mir_difference = mir_filed - mir_recomputed let net_investment_income = 818360 USD let excise_filed = 11375 USD let excise_recomputed = net_investment_income * 1.39% let excise_difference = excise_filed - excise_recomputed let distributable_filed = 1269450 USD let distributable_recomputed = 1280825 USD - 11375 USD + 0 USD - 0 USD let distributable_difference = distributable_filed - distributable_recomputed let qualifying_distributions = 1556778 USD let payout_coverage = qualifying_distributions / distributable_filed let payout_rate = share(qualifying_distributions, net_noncharitable_assets) let undistributed_to_next_year = 0 USD let stocks = [1891820 USD, 1551323 USD, 721960 USD, 662805 USD, 543832 USD, 540506 USD, 476784 USD, 466211 USD, 446099 USD, 419193 USD, 414840 USD, 412176 USD, 351917 USD, 332450 USD, 323958 USD, 319816 USD, 313227 USD, 299548 USD, 294050 USD, 268936 USD, 249287 USD, 234056 USD, 229684 USD, 222508 USD, 214500 USD, 182123 USD, 169327 USD, 142329 USD, 129648 USD, 108638 USD, 78607 USD, 55434 USD, 51544 USD, 50364 USD, 48265 USD, 47441 USD, 44646 USD, 44619 USD, 44218 USD, 39366 USD, 39328 USD, 39097 USD, 37408 USD, 36972 USD, 34086 USD, 32660 USD, 32206 USD, 31830 USD, 31765 USD, 31430 USD, 29845 USD, 28896 USD, 28740 USD, 28031 USD, 27619 USD, 27261 USD, 26888 USD, 26586 USD, 25870 USD, 25859 USD, 25517 USD, 25063 USD, 25005 USD, 24822 USD, 24639 USD, 24371 USD, 23764 USD, 23733 USD, 23202 USD, 23059 USD, 22939 USD, 22819 USD, 22441 USD, 22130 USD, 21871 USD, 21174 USD, 20986 USD, 20727 USD, 20704 USD, 19571 USD, 19434 USD, 19414 USD, 19411 USD, 19346 USD, 19209 USD, 19057 USD, 18856 USD, 18270 USD, 18093 USD, 17844 USD, 17682 USD, 17604 USD, 17494 USD, 17468 USD, 17371 USD, 17199 USD, 16860 USD, 16331 USD, 16128 USD, 15959 USD, 15919 USD, 15895 USD, 15619 USD, 15382 USD, 15380 USD, 15219 USD, 14696 USD, 14560 USD, 14443 USD, 13965 USD, 13940 USD, 13935 USD, 13779 USD, 13650 USD, 13564 USD, 13391 USD, 13119 USD, 12979 USD, 12888 USD, 12724 USD, 12452 USD, 12419 USD, 12307 USD, 12189 USD, 12005 USD, 11828 USD, 11776 USD, 11418 USD, 11298 USD, 11289 USD, 11274 USD, 11258 USD, 11222 USD, 11054 USD, 10946 USD, 10386 USD, 10336 USD, 9966 USD, 9927 USD, 9892 USD, 9793 USD, 9674 USD, 9604 USD, 9580 USD, 9531 USD, 9512 USD, 9188 USD, 9010 USD, 9005 USD, 8907 USD, 8626 USD, 8478 USD, 8292 USD, 8246 USD, 8228 USD, 8052 USD, 8040 USD, 8023 USD, 7952 USD, 7950 USD, 7790 USD, 7772 USD, 7725 USD, 7572 USD, 7306 USD, 7266 USD, 7210 USD, 7080 USD, 7069 USD, 6947 USD, 6866 USD, 6784 USD, 6600 USD, 6415 USD, 6389 USD, 6363 USD, 6296 USD, 6284 USD, 6282 USD, 6236 USD, 6206 USD, 6178 USD, 6151 USD, 6071 USD, 6044 USD, 5901 USD, 5825 USD, 5726 USD, 5658 USD, 5655 USD, 5613 USD, 5607 USD, 5549 USD, 5477 USD, 5473 USD, 5465 USD, 5415 USD, 5414 USD, 5414 USD, 5384 USD, 5315 USD, 5257 USD, 5118 USD, 5043 USD, 4854 USD, 4854 USD, 4802 USD, 4792 USD, 4746 USD, 4701 USD, 4651 USD, 4646 USD, 4612 USD, 4522 USD, 4480 USD, 4443 USD, 4406 USD, 4349 USD, 4315 USD, 4279 USD, 4231 USD, 4220 USD, 4171 USD, 4142 USD, 4138 USD, 4127 USD, 4088 USD, 4088 USD, 4040 USD, 3972 USD, 3964 USD, 3944 USD, 3822 USD, 3773 USD, 3762 USD, 3702 USD, 3678 USD, 3612 USD, 3603 USD, 3478 USD, 3428 USD, 3404 USD, 3385 USD, 3379 USD, 3362 USD, 3314 USD, 3260 USD, 3250 USD, 3248 USD, 3231 USD, 3216 USD, 3125 USD, 3112 USD, 3080 USD, 3061 USD, 3051 USD, 3009 USD, 2995 USD, 2992 USD, 2978 USD, 2967 USD, 2964 USD, 2952 USD, 2942 USD, 2920 USD, 2907 USD, 2880 USD, 2878 USD, 2858 USD, 2838 USD, 2823 USD, 2809 USD, 2685 USD, 2644 USD, 2624 USD, 2580 USD, 2568 USD, 2512 USD, 2455 USD, 2353 USD, 2344 USD, 2191 USD, 2175 USD, 2056 USD, 2031 USD, 2030 USD, 2015 USD, 1986 USD, 1903 USD, 1765 USD, 1696 USD, 1678 USD, 1487 USD, 1381 USD, 1190 USD, 1017 USD, 781 USD] let stock_count = count(stocks) let largest_stock = max(stocks) let largest_stock_share_of_assets = share(largest_stock, total_assets_fmv) let top10_share_of_stock = share(sum([1891820 USD, 1551323 USD, 721960 USD, 662805 USD, 543832 USD, 540506 USD, 476784 USD, 466211 USD, 446099 USD, 419193 USD]), sum(stocks)) let stock_concentration = hhi(stocks) let effective_stock_holdings = 1 / stock_concentration let largest_stock_halved_share_of_assets = share(largest_stock * 50%, total_assets_fmv)
{
"mix": [
{
"fmv": "1631244",
"line": "savings",
"label": "Savings and temporary cash investments (line 2)",
"share": "0.0617232444028493938215911862553"
},
{
"fmv": "16137962",
"line": "stock",
"label": "Corporate stock (line 10b)",
"share": "0.610630520443229957759766989686"
},
{
"fmv": "4226151",
"line": "bonds",
"label": "Corporate bonds (line 10c)",
"share": "0.159909707595152146796255749222"
},
{
"fmv": "4433001",
"line": "other",
"label": "Other investments (line 13)",
"share": "0.167736527558768501622386074837"
}
],
"kind": "public-filing-990pf",
"lens": "AXIOM",
"build": {
"commit": "7dd856f88a5ecf553ea48f52397c50a503af0e0d",
"digest": "b839212b6742304a91af2ff9e04e24acdb32ac9fd48760e6b89289b532c4c45b"
},
"filer": {
"ein": "367033137",
"name": "HELEN V FROEHLICH FOUNDATION"
},
"scope": [
"Every figure here is the foundation's own filed return or exact arithmetic on it; nothing is estimated.",
"A 990-PF is a year-end snapshot. Prudence is judged at the time of each decision, which a filing cannot show.",
"This page neither establishes nor rules out any tax consequence, and no return is prepared or amended here.",
"A line that differs is the return's figure beside the recomputed one, as filed and as recomputed. The return may carry a reason this page cannot read: a schedule filed on paper, an election, a later amendment. It is not a finding."
],
"checks": [
{
"id": "minimum_investment_return",
"note": null,
"filed": "1280825",
"label": "Minimum investment return: 5% of net noncharitable-use assets (Part IX line 6)",
"verdict": "rounding",
"difference": "-0.2",
"recomputed": "1280825.2"
},
{
"id": "excise_tax",
"note": null,
"filed": "11375",
"label": "Excise tax: 1.39% of net investment income (Part V line 1)",
"verdict": "rounding",
"difference": "-0.204",
"recomputed": "11375.204"
},
{
"id": "distributable_amount",
"note": null,
"filed": "1269450",
"label": "Distributable amount: minimum investment return − taxes + recoveries − deduction (Part X line 7)",
"verdict": "exact",
"difference": "0",
"recomputed": "1269450"
}
],
"engine": "kernel@2026-09-15.1",
"source": {
"form": "990-PF",
"lines": {
"netInvestmentIncome": "818360",
"grossInvestmentIncome": "972524",
"netNoncharitableAssets": "25616504",
"undistributedCurrentYear": "0"
},
"period": {
"end": "2025-05-31",
"days": 365,
"begin": "2024-06-01"
},
"amended": false,
"foreign": {
"organization": false,
"meets85PctTest": false
},
"objectId": "202610379349100716",
"returnTs": "2026-02-06T14:01:23-05:00",
"operating": false,
"sourceSha256": "aba3abc13cbed7b93bab87855da35f1d21c0d4dea0ff32370a78a960adfa7a6f",
"returnVersion": "2024v5.2",
"partXBoxChecked": false
},
"answers": [
{
"answer": "No",
"question": "Part VI-B 4a: did the foundation invest during the year in a manner that would jeopardize its charitable purposes?"
},
{
"answer": "No",
"question": "Part VI-B 4b: did it make any investment in a prior year that could jeopardize its charitable purpose and that had not been removed from jeopardy?"
},
{
"answer": "No",
"question": "Part VI-B 3a: did it hold more than a 2% direct or indirect interest in any business enterprise?"
},
{
"answer": "Not answered",
"question": "Part VI-B 3b: did it have excess business holdings?"
},
{
"answer": "No",
"question": "Part VI-B 2a: did it have undistributed income for prior years?"
}
],
"program": "let total_assets_fmv = 26428358 USD\nlet mix_savings = share(1631244 USD, total_assets_fmv)\nlet mix_stock = share(16137962 USD, total_assets_fmv)\nlet mix_bonds = share(4226151 USD, total_assets_fmv)\nlet mix_other = share(4433001 USD, total_assets_fmv)\nlet net_noncharitable_assets = 25616504 USD\nlet mir_filed = 1280825 USD\nlet mir_recomputed = net_noncharitable_assets * 5%\nlet mir_difference = mir_filed - mir_recomputed\nlet net_investment_income = 818360 USD\nlet excise_filed = 11375 USD\nlet excise_recomputed = net_investment_income * 1.39%\nlet excise_difference = excise_filed - excise_recomputed\nlet distributable_filed = 1269450 USD\nlet distributable_recomputed = 1280825 USD - 11375 USD + 0 USD - 0 USD\nlet distributable_difference = distributable_filed - distributable_recomputed\nlet qualifying_distributions = 1556778 USD\nlet payout_coverage = qualifying_distributions / distributable_filed\nlet payout_rate = share(qualifying_distributions, net_noncharitable_assets)\nlet undistributed_to_next_year = 0 USD\nlet stocks = [1891820 USD, 1551323 USD, 721960 USD, 662805 USD, 543832 USD, 540506 USD, 476784 USD, 466211 USD, 446099 USD, 419193 USD, 414840 USD, 412176 USD, 351917 USD, 332450 USD, 323958 USD, 319816 USD, 313227 USD, 299548 USD, 294050 USD, 268936 USD, 249287 USD, 234056 USD, 229684 USD, 222508 USD, 214500 USD, 182123 USD, 169327 USD, 142329 USD, 129648 USD, 108638 USD, 78607 USD, 55434 USD, 51544 USD, 50364 USD, 48265 USD, 47441 USD, 44646 USD, 44619 USD, 44218 USD, 39366 USD, 39328 USD, 39097 USD, 37408 USD, 36972 USD, 34086 USD, 32660 USD, 32206 USD, 31830 USD, 31765 USD, 31430 USD, 29845 USD, 28896 USD, 28740 USD, 28031 USD, 27619 USD, 27261 USD, 26888 USD, 26586 USD, 25870 USD, 25859 USD, 25517 USD, 25063 USD, 25005 USD, 24822 USD, 24639 USD, 24371 USD, 23764 USD, 23733 USD, 23202 USD, 23059 USD, 22939 USD, 22819 USD, 22441 USD, 22130 USD, 21871 USD, 21174 USD, 20986 USD, 20727 USD, 20704 USD, 19571 USD, 19434 USD, 19414 USD, 19411 USD, 19346 USD, 19209 USD, 19057 USD, 18856 USD, 18270 USD, 18093 USD, 17844 USD, 17682 USD, 17604 USD, 17494 USD, 17468 USD, 17371 USD, 17199 USD, 16860 USD, 16331 USD, 16128 USD, 15959 USD, 15919 USD, 15895 USD, 15619 USD, 15382 USD, 15380 USD, 15219 USD, 14696 USD, 14560 USD, 14443 USD, 13965 USD, 13940 USD, 13935 USD, 13779 USD, 13650 USD, 13564 USD, 13391 USD, 13119 USD, 12979 USD, 12888 USD, 12724 USD, 12452 USD, 12419 USD, 12307 USD, 12189 USD, 12005 USD, 11828 USD, 11776 USD, 11418 USD, 11298 USD, 11289 USD, 11274 USD, 11258 USD, 11222 USD, 11054 USD, 10946 USD, 10386 USD, 10336 USD, 9966 USD, 9927 USD, 9892 USD, 9793 USD, 9674 USD, 9604 USD, 9580 USD, 9531 USD, 9512 USD, 9188 USD, 9010 USD, 9005 USD, 8907 USD, 8626 USD, 8478 USD, 8292 USD, 8246 USD, 8228 USD, 8052 USD, 8040 USD, 8023 USD, 7952 USD, 7950 USD, 7790 USD, 7772 USD, 7725 USD, 7572 USD, 7306 USD, 7266 USD, 7210 USD, 7080 USD, 7069 USD, 6947 USD, 6866 USD, 6784 USD, 6600 USD, 6415 USD, 6389 USD, 6363 USD, 6296 USD, 6284 USD, 6282 USD, 6236 USD, 6206 USD, 6178 USD, 6151 USD, 6071 USD, 6044 USD, 5901 USD, 5825 USD, 5726 USD, 5658 USD, 5655 USD, 5613 USD, 5607 USD, 5549 USD, 5477 USD, 5473 USD, 5465 USD, 5415 USD, 5414 USD, 5414 USD, 5384 USD, 5315 USD, 5257 USD, 5118 USD, 5043 USD, 4854 USD, 4854 USD, 4802 USD, 4792 USD, 4746 USD, 4701 USD, 4651 USD, 4646 USD, 4612 USD, 4522 USD, 4480 USD, 4443 USD, 4406 USD, 4349 USD, 4315 USD, 4279 USD, 4231 USD, 4220 USD, 4171 USD, 4142 USD, 4138 USD, 4127 USD, 4088 USD, 4088 USD, 4040 USD, 3972 USD, 3964 USD, 3944 USD, 3822 USD, 3773 USD, 3762 USD, 3702 USD, 3678 USD, 3612 USD, 3603 USD, 3478 USD, 3428 USD, 3404 USD, 3385 USD, 3379 USD, 3362 USD, 3314 USD, 3260 USD, 3250 USD, 3248 USD, 3231 USD, 3216 USD, 3125 USD, 3112 USD, 3080 USD, 3061 USD, 3051 USD, 3009 USD, 2995 USD, 2992 USD, 2978 USD, 2967 USD, 2964 USD, 2952 USD, 2942 USD, 2920 USD, 2907 USD, 2880 USD, 2878 USD, 2858 USD, 2838 USD, 2823 USD, 2809 USD, 2685 USD, 2644 USD, 2624 USD, 2580 USD, 2568 USD, 2512 USD, 2455 USD, 2353 USD, 2344 USD, 2191 USD, 2175 USD, 2056 USD, 2031 USD, 2030 USD, 2015 USD, 1986 USD, 1903 USD, 1765 USD, 1696 USD, 1678 USD, 1487 USD, 1381 USD, 1190 USD, 1017 USD, 781 USD]\nlet stock_count = count(stocks)\nlet largest_stock = max(stocks)\nlet largest_stock_share_of_assets = share(largest_stock, total_assets_fmv)\nlet top10_share_of_stock = share(sum([1891820 USD, 1551323 USD, 721960 USD, 662805 USD, 543832 USD, 540506 USD, 476784 USD, 466211 USD, 446099 USD, 419193 USD]), sum(stocks))\nlet stock_concentration = hhi(stocks)\nlet effective_stock_holdings = 1 / stock_concentration\nlet largest_stock_halved_share_of_assets = share(largest_stock * 50%, total_assets_fmv)",
"results": {
"mir_filed": "1280825 USD",
"mix_bonds": "0.159909707595152146796255749222",
"mix_other": "0.167736527558768501622386074837",
"mix_stock": "0.610630520443229957759766989686",
"mix_savings": "0.0617232444028493938215911862553",
"payout_rate": "0.0607724613788048517471392661544",
"stock_count": "297",
"excise_filed": "11375 USD",
"largest_stock": "1891820 USD",
"mir_difference": "-0.2 USD",
"mir_recomputed": "1280825.2 USD",
"payout_coverage": "1.22634054117925085667021150892",
"total_assets_fmv": "26428358 USD",
"excise_difference": "-0.204 USD",
"excise_recomputed": "11375.204 USD",
"distributable_filed": "1269450 USD",
"stock_concentration": "0.0381432660893864212956686738737",
"top10_share_of_stock": "0.478408178182598273561432354346",
"net_investment_income": "818360 USD",
"distributable_difference": "0 USD",
"distributable_recomputed": "1269450 USD",
"effective_stock_holdings": "26.2169473808708697447958186181",
"net_noncharitable_assets": "25616504 USD",
"qualifying_distributions": "1556778 USD",
"undistributed_to_next_year": "0 USD",
"largest_stock_share_of_assets": "0.0715829564591186482338403316619",
"largest_stock_halved_share_of_assets": "0.035791478229559324116920165831"
},
"version": 2,
"holdings": {
"tie": "exact",
"top": [
{
"fmv": "1891820",
"name": "C67066G104 ORACLE CORP COM",
"shareOfAssets": "0.0715829564591186482338403316619"
},
{
"fmv": "1551323",
"name": "C33939L837 INTERCONTINENTAL EX",
"shareOfAssets": "0.0586991821436655277637755625983"
},
{
"fmv": "721960",
"name": "C665162582 MFB NORTHERN FUNDS",
"shareOfAssets": "0.0273176260136933213936333085847"
},
{
"fmv": "662805",
"name": "C037833100 BRISTOL MYERS SQUIB",
"shareOfAssets": "0.0250793106404870102032067221127"
},
{
"fmv": "543832",
"name": "C33939L407 MFC FLEXSHARES TR I",
"shareOfAssets": "0.0205775932049959365617795853984"
},
{
"fmv": "540506",
"name": "C46434G764 JPMORGAN CHASE & CO",
"shareOfAssets": "0.0204517435400262097251747535734"
},
{
"fmv": "476784",
"name": "C46625H100 JOHNSON & JOHNSON C",
"shareOfAssets": "0.018040621365882814210402326168"
},
{
"fmv": "466211",
"name": "CG29183103 ADR AKZO NOBEL N V",
"shareOfAssets": "0.0176405586756468184667394016685"
},
{
"fmv": "446099",
"name": "C464288372 MFC ISHARES INC MSC",
"shareOfAssets": "0.0168795579354570571505047721845"
},
{
"fmv": "419193",
"name": "C22160K105 MFC FLEXSHARES TR M",
"shareOfAssets": "0.0158614848489641316346630388464"
}
],
"count": 297,
"schedule": "Corporate stock (line 10b)"
},
"refusals": [],
"blankLines": [],
"kernelProof": "361482a94d82f374896d4c268ba374ea51cf66963658f3cb9288e89984855896",
"otherInvestments": [
{
"fmv": "2569564",
"name": "C991ASS990 PRIVATE EQUITY CORE",
"shareOfAssets": "0.097227531123954049661352400327"
},
{
"fmv": "787871",
"name": "C9931GX990 SPONSOR BACKED CRED",
"shareOfAssets": "0.0298115758837533531216733177294"
},
{
"fmv": "543586",
"name": "C991XDR998 WM ALTS KKR GLOBAL",
"shareOfAssets": "0.0205682850217179591709783861714"
},
{
"fmv": "391571",
"name": "C665162541 NORTHERN FUNDS US G",
"shareOfAssets": "0.0148163196517922150138877337745"
},
{
"fmv": "125016",
"name": "C995KYH991 MFB NORTHERN FDS GL",
"shareOfAssets": "0.00473037333609602231058017300961"
}
]
}The seal’s own scope:
- Every figure here is the foundation's own filed return or exact arithmetic on it; nothing is estimated.
- A 990-PF is a year-end snapshot. Prudence is judged at the time of each decision, which a filing cannot show.
- This page neither establishes nor rules out any tax consequence, and no return is prepared or amended here.
- A line that differs is the return's figure beside the recomputed one, as filed and as recomputed. The return may carry a reason this page cannot read: a schedule filed on paper, an election, a later amendment. It is not a finding.
We don’t prepare or file a 990-PF. We read the one the foundation filed, re-do its arithmetic exactly, and seal what it says.