Sealed proof · filed Form 990-PF
UA FOR HELENE FULD HEALTH TRUST 10-205620
EIN 13-6309307, tax year October 1, 2024 to September 30, 2025. The return the foundation filed, as the IRS published it, with its arithmetic re-done exactly and sealed September 28, 2026.
Listed in the IRS register as HELENE FULD HEALTH TRUST. The name above is as written on the return; the EIN is the same foundation.
This is the latest return the IRS has published for this foundation, for the tax year ended 2025-09-30. The IRS received it on December 22, 2025.
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 distributions1.37×
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 rate6.7%
of net noncharitable-use assets; the legal test is the distributable amount, not this rate
Assets at fair market value$222.2M
end of the tax year, Part II
Largest listed stock3.9%
NVIDIA CORP
If that stock halved−2.0%
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
UA FOR HELENE FULD HEALTH TRUST 10-205620 · Form 990-PF, year ended September 30, 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/6cd2e50f76c0 — 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) | $10,315,585 | $10,315,584.5 | recomputes, within the form's whole-dollar rounding (difference $0.5) |
| Excise tax: 1.39% of net investment income (Part V line 1) | $181,072 | $181,072.2281 | recomputes, within the form's whole-dollar rounding (difference −$0.2281) |
| Distributable amount: minimum investment return − taxes + recoveries − deduction (Part X line 7) | $10,134,513 | $10,134,513 | 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) | $2.3M | 1.1% |
| U.S. and state government obligations (line 10a) | $20.3M | 9.1% |
| Corporate stock (line 10b) | $136.8M | 61.6% |
| Other investments (line 13) | $62.7M | 28.2% |
The ten largest listed stocks, of 53 on the schedule
The schedule ties to Part II line 10b exactly. It behaves like 36.8 equal holdings; the ten largest are 40.0% of the listed stock.
| Stock, as listed | Fair market value | Share of assets |
|---|---|---|
| NVIDIA CORP | $8.8M | 3.9% |
| MICROSOFT CORP | $7.7M | 3.5% |
| BROADCOM INC | $6.6M | 3.0% |
| ALPHABET INC CL C | $6.3M | 2.8% |
| APPLE INC | $5.9M | 2.7% |
| ALPHABET INC CL A | $5.1M | 2.3% |
| AMAZON.COM INC | $4.3M | 1.9% |
| META PLATFORMS INC | $3.4M | 1.5% |
| JP MORGAN CHASE CO | $3.4M | 1.5% |
| WAL MART STORES INC | $3.4M | 1.5% |
Largest other investments (line 13), as listed
| MFS INTERNATIONAL VALUE FUND C | $9.8M | 4.4% |
| ISHARES SP MIDCAP 400 GROWTH | $7.8M | 3.5% |
| HARDING LOEVNER INTL EQUITY PO | $7.3M | 3.3% |
| LORD ABBETT DEVELOPING GROWTH | $6.6M | 3.0% |
| ISHARES RUSSELL MIDCAP VALUE E | $4.1M | 1.8% |
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 $10,315,585; recomputed $10,315,584.5; agrees within the form's whole-dollar rounding. |
| Excise tax | Part V line 1 against 1.39% of net investment income | agrees | Filed $181,072; recomputed $181,072.22; 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 $10,134,513; recomputed $10,134,513; agrees to the dollar. |
| Payout coverage | Part XI total against Part X line 7 | reported | Qualifying distributions $13,879,709 against a distributable amount of $10,134,513 (1.37×). |
| Payout deadline | Part XII undistributed income and the date it falls due | reported | Part XII reports $0 undistributed income for the year ended 30 September 2025: nothing carried into the next year, so nothing from this year falls due by 30 September 2026. |
| Holdings tie-out | The corporate-stock schedule against Part II line 10b | agrees | 53 listed holdings sum to Part II line 10b exactly; the largest is 3.9% 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 22 December 2025; the original due date was 15 February 2026 (a Sunday, so 17 February 2026 under IRC §7503); the six-month extension window ended 15 August 2026 (a Saturday, so 17 August 2026 under IRC §7503). 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 |
|---|---|---|---|
| February 16, 2027 | Excise tax on the year ending 30 September 2026, due with that return by 15 February 2027 (a legal holiday, so 16 February 2027 under IRC §7503) | $181,072 | Projected under the assumptions below |
| September 30, 2027 | Distributable amount for the year ending 30 September 2026, to be paid out | $10,134,512 | Projected under the assumptions below |
If net noncharitable-use assets fell 20% over the year ending September 30, 2026: what is owed now, nothing from Part XII, is unchanged; the following year’s minimum investment return would be $8,252,467, $2,063,116 less than the projection.
The assumptions, the forward kernel proof, and what was refused
- Net noncharitable-use assets for the year ending 30 September 2026 equal this return's Part IX line 5, $206311690; the thirteen-month average is not observable from a filing.
- Net investment income for that year equals this return's, $13026779.
- 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)
c4078e9b1b45aac3…· 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
6cd2e50f76c00bb6c17e5f9b542307c04d8320275951a7bdbe77bea183259884 · recomputed now, matchesreturn Form 990-PF, IRS object
202503569349100400, schema 2024v5.2 — the file as the IRS published it hashes to a7cd68f3ed7b005f…source file
202503569349100400_public.xml inside 2025_TEOS_XML_12A.zip at irs.gov — not part of the seal; fetch it yourself with verify_proof.py 6cd2e50f76c0 --fetcharithmetic
kernel@2026-09-15.1 · kernel proof 920be106cca30f7d…rules
b839212b6742304a91af2ff9e04e24acdb32ac9fd48760e6b89289b532c4c45b · commit f80886675d1e — 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 = 222163551 USD let mix_savings = share(2343309 USD, total_assets_fmv) let mix_government = share(20322201 USD, total_assets_fmv) let mix_stock = share(136788750 USD, total_assets_fmv) let mix_other = share(62709291 USD, total_assets_fmv) let net_noncharitable_assets = 206311690 USD let mir_filed = 10315585 USD let mir_recomputed = net_noncharitable_assets * 5% let mir_difference = mir_filed - mir_recomputed let net_investment_income = 13026779 USD let excise_filed = 181072 USD let excise_recomputed = net_investment_income * 1.39% let excise_difference = excise_filed - excise_recomputed let distributable_filed = 10134513 USD let distributable_recomputed = 10315585 USD - 181072 USD + 0 USD - 0 USD let distributable_difference = distributable_filed - distributable_recomputed let qualifying_distributions = 13879709 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 = [8752937 USD, 7712793 USD, 6557621 USD, 6264106 USD, 5911490 USD, 5063773 USD, 4292154 USD, 3418539 USD, 3417369 USD, 3364600 USD, 3112294 USD, 2984633 USD, 2954139 USD, 2832964 USD, 2765514 USD, 2689661 USD, 2634512 USD, 2604503 USD, 2563613 USD, 2509488 USD, 2486336 USD, 2478871 USD, 2443329 USD, 2347894 USD, 2330223 USD, 2314886 USD, 2218795 USD, 2102024 USD, 2040682 USD, 2027130 USD, 2011768 USD, 1895292 USD, 1871268 USD, 1843543 USD, 1821867 USD, 1731568 USD, 1729950 USD, 1729161 USD, 1603767 USD, 1596293 USD, 1357086 USD, 1270908 USD, 1258731 USD, 1210008 USD, 1180360 USD, 1176396 USD, 1121234 USD, 1029677 USD, 985470 USD, 912088 USD, 899471 USD, 678731 USD, 677240 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([8752937 USD, 7712793 USD, 6557621 USD, 6264106 USD, 5911490 USD, 5063773 USD, 4292154 USD, 3418539 USD, 3417369 USD, 3364600 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": "2343309",
"line": "savings",
"label": "Savings and temporary cash investments (line 2)",
"share": "0.010547675302507205603677085626"
},
{
"fmv": "20322201",
"line": "government",
"label": "U.S. and state government obligations (line 10a)",
"share": "0.0914740555258769698005052142869"
},
{
"fmv": "136788750",
"line": "stock",
"label": "Corporate stock (line 10b)",
"share": "0.615711935573085973945384047269"
},
{
"fmv": "62709291",
"line": "other",
"label": "Other investments (line 13)",
"share": "0.282266333598529850650433652818"
}
],
"kind": "public-filing-990pf",
"lens": "AXIOM",
"build": {
"commit": "f80886675d1e9841aaf04d9ad7d91262ed5fee38",
"digest": "b839212b6742304a91af2ff9e04e24acdb32ac9fd48760e6b89289b532c4c45b"
},
"filer": {
"ein": "136309307",
"name": "UA FOR HELENE FULD HEALTH TRUST 10-205620"
},
"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": "10315585",
"label": "Minimum investment return: 5% of net noncharitable-use assets (Part IX line 6)",
"verdict": "rounding",
"difference": "0.5",
"recomputed": "10315584.5"
},
{
"id": "excise_tax",
"note": null,
"filed": "181072",
"label": "Excise tax: 1.39% of net investment income (Part V line 1)",
"verdict": "rounding",
"difference": "-0.2281",
"recomputed": "181072.2281"
},
{
"id": "distributable_amount",
"note": null,
"filed": "10134513",
"label": "Distributable amount: minimum investment return − taxes + recoveries − deduction (Part X line 7)",
"verdict": "exact",
"difference": "0",
"recomputed": "10134513"
}
],
"engine": "kernel@2026-09-15.1",
"source": {
"form": "990-PF",
"lines": {
"netInvestmentIncome": "13026779",
"grossInvestmentIncome": "13979403",
"netNoncharitableAssets": "206311690",
"undistributedCurrentYear": "0"
},
"period": {
"end": "2025-09-30",
"days": 365,
"begin": "2024-10-01"
},
"amended": false,
"foreign": {
"organization": false,
"meets85PctTest": false
},
"objectId": "202503569349100400",
"returnTs": "2025-12-22T01:01:35-06:00",
"operating": false,
"sourceSha256": "a7cd68f3ed7b005fe9db52baba7c21f1a0376525172327f19013bdede340076a",
"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 = 222163551 USD\nlet mix_savings = share(2343309 USD, total_assets_fmv)\nlet mix_government = share(20322201 USD, total_assets_fmv)\nlet mix_stock = share(136788750 USD, total_assets_fmv)\nlet mix_other = share(62709291 USD, total_assets_fmv)\nlet net_noncharitable_assets = 206311690 USD\nlet mir_filed = 10315585 USD\nlet mir_recomputed = net_noncharitable_assets * 5%\nlet mir_difference = mir_filed - mir_recomputed\nlet net_investment_income = 13026779 USD\nlet excise_filed = 181072 USD\nlet excise_recomputed = net_investment_income * 1.39%\nlet excise_difference = excise_filed - excise_recomputed\nlet distributable_filed = 10134513 USD\nlet distributable_recomputed = 10315585 USD - 181072 USD + 0 USD - 0 USD\nlet distributable_difference = distributable_filed - distributable_recomputed\nlet qualifying_distributions = 13879709 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 = [8752937 USD, 7712793 USD, 6557621 USD, 6264106 USD, 5911490 USD, 5063773 USD, 4292154 USD, 3418539 USD, 3417369 USD, 3364600 USD, 3112294 USD, 2984633 USD, 2954139 USD, 2832964 USD, 2765514 USD, 2689661 USD, 2634512 USD, 2604503 USD, 2563613 USD, 2509488 USD, 2486336 USD, 2478871 USD, 2443329 USD, 2347894 USD, 2330223 USD, 2314886 USD, 2218795 USD, 2102024 USD, 2040682 USD, 2027130 USD, 2011768 USD, 1895292 USD, 1871268 USD, 1843543 USD, 1821867 USD, 1731568 USD, 1729950 USD, 1729161 USD, 1603767 USD, 1596293 USD, 1357086 USD, 1270908 USD, 1258731 USD, 1210008 USD, 1180360 USD, 1176396 USD, 1121234 USD, 1029677 USD, 985470 USD, 912088 USD, 899471 USD, 678731 USD, 677240 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([8752937 USD, 7712793 USD, 6557621 USD, 6264106 USD, 5911490 USD, 5063773 USD, 4292154 USD, 3418539 USD, 3417369 USD, 3364600 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": "10315585 USD",
"mix_other": "0.282266333598529850650433652818",
"mix_stock": "0.615711935573085973945384047269",
"mix_savings": "0.010547675302507205603677085626",
"payout_rate": "0.0672754365009563927279157085088",
"stock_count": "53",
"excise_filed": "181072 USD",
"largest_stock": "8752937 USD",
"mir_difference": "0.5 USD",
"mir_recomputed": "10315584.5 USD",
"mix_government": "0.0914740555258769698005052142869",
"payout_coverage": "1.36954868971010249826508683742",
"total_assets_fmv": "222163551 USD",
"excise_difference": "-0.2281 USD",
"excise_recomputed": "181072.2281 USD",
"distributable_filed": "10134513 USD",
"stock_concentration": "0.0271584162522690436367446962794",
"top10_share_of_stock": "0.400291559064616059434712284453",
"net_investment_income": "13026779 USD",
"distributable_difference": "0 USD",
"distributable_recomputed": "10134513 USD",
"effective_stock_holdings": "36.8209983495061700439349463408",
"net_noncharitable_assets": "206311690 USD",
"qualifying_distributions": "13879709 USD",
"undistributed_to_next_year": "0 USD",
"largest_stock_share_of_assets": "0.0393986185429670234250081823728",
"largest_stock_halved_share_of_assets": "0.0196993092714835117125040911864"
},
"version": 2,
"holdings": {
"tie": "exact",
"top": [
{
"fmv": "8752937",
"name": "NVIDIA CORP",
"shareOfAssets": "0.0393986185429670234250081823728"
},
{
"fmv": "7712793",
"name": "MICROSOFT CORP",
"shareOfAssets": "0.0347167344295824655773529655186"
},
{
"fmv": "6557621",
"name": "BROADCOM INC",
"shareOfAssets": "0.0295170876162309811117486144251"
},
{
"fmv": "6264106",
"name": "ALPHABET INC CL C",
"shareOfAssets": "0.0281959213012399140127175947057"
},
{
"fmv": "5911490",
"name": "APPLE INC",
"shareOfAssets": "0.0266087302502650401010199913486"
},
{
"fmv": "5063773",
"name": "ALPHABET INC CL A",
"shareOfAssets": "0.022792996318284451620058953775"
},
{
"fmv": "4292154",
"name": "AMAZON.COM INC",
"shareOfAssets": "0.0193197938216246822594224738513"
},
{
"fmv": "3418539",
"name": "META PLATFORMS INC",
"shareOfAssets": "0.0153874881123051548631395435339"
},
{
"fmv": "3417369",
"name": "JP MORGAN CHASE CO",
"shareOfAssets": "0.015382221721870119009756015288"
},
{
"fmv": "3364600",
"name": "WAL MART STORES INC",
"shareOfAssets": "0.0151446985108731899950590904986"
}
],
"count": 53,
"schedule": "Corporate stock (line 10b)"
},
"refusals": [],
"blankLines": [],
"kernelProof": "920be106cca30f7d122fc7f97ca2e052e48c6d7320e794d6f24fa698f2b424dd",
"otherInvestments": [
{
"fmv": "9803219",
"name": "MFS INTERNATIONAL VALUE FUND C",
"shareOfAssets": "0.0441261357044117466415541764544"
},
{
"fmv": "7768528",
"name": "ISHARES SP MIDCAP 400 GROWTH",
"shareOfAssets": "0.0349676081653916307810546294338"
},
{
"fmv": "7296199",
"name": "HARDING LOEVNER INTL EQUITY PO",
"shareOfAssets": "0.0328415663467676567701242765966"
},
{
"fmv": "6634478",
"name": "LORD ABBETT DEVELOPING GROWTH",
"shareOfAssets": "0.0298630354535519645164476147575"
},
{
"fmv": "4083811",
"name": "ISHARES RUSSELL MIDCAP VALUE E",
"shareOfAssets": "0.0183820027255506012325127086216"
}
]
}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.