Sealed proof · filed Form 990-PF
ST GEORGE CORPORATION
EIN 36-4383840, tax year January 1, 2024 to December 31, 2024. 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. Its tax year ended 21 months ago, so a later one may have been filed since and not yet appear in the public file. The IRS received it on October 28, 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 distributions0.96×
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 rate4.7%
of net noncharitable-use assets; the legal test is the distributable amount, not this rate
Assets at fair market value$808.3M
end of the tax year, Part II
Largest listed stock5.1%
CF BAILLIE GIFFORD INTL CHOICE C12 FD
If that stock halved−2.5%
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
ST GEORGE CORPORATION · Form 990-PF, year ended December 31, 2024checking
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/b0daa77eaaac — 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) | $36,772,794 | $36,772,793.65 | recomputes, within the form's whole-dollar rounding (difference $0.35) |
| Excise tax: 1.39% of net investment income (Part V line 1) | $586,374 | $586,374.0715 | recomputes, within the form's whole-dollar rounding (difference −$0.0715) |
| Distributable amount: minimum investment return − taxes + recoveries − deduction (Part X line 7) | $36,186,420 | $36,186,420 | recomputes exactly |
Where the assets sit, at fair market value
| Part II line | Fair market value | Share of assets |
|---|---|---|
| Cash (line 1) | $4.3M | 0.5% |
| Savings and temporary cash investments (line 2) | $48.2M | 6.0% |
| U.S. and state government obligations (line 10a) | $109.2M | 13.5% |
| Corporate stock (line 10b) | $267.6M | 33.1% |
| Corporate bonds (line 10c) | $106.4M | 13.2% |
| Mortgage loans (line 12) | $68.8M | 8.5% |
| Other investments (line 13) | $203.2M | 25.1% |
The ten largest listed stocks, of 531 on the schedule
The schedule ties to Part II line 10b exactly. It behaves like 30.5 equal holdings; the ten largest are 37.3% of the listed stock.
| Stock, as listed | Fair market value | Share of assets |
|---|---|---|
| CF BAILLIE GIFFORD INTL CHOICE C12 FD | $41M | 5.1% |
| APPLE INC COM STK | $12.5M | 1.5% |
| NVIDIA CORP COM | $10.9M | 1.3% |
| MICROSOFT CORP COM | $10.4M | 1.3% |
| AMAZON COM INC COM | $6.8M | 0.8% |
| META PLATFORMS INC COM USD0.000006 CL 'A' | $4.2M | 0.5% |
| TESLA INC COM USD0.001 | $3.7M | 0.5% |
| ALPHABET INC CAPITAL STOCK USD0.001 CL A | $3.6M | 0.5% |
| BROADCOM INC COM | $3.6M | 0.4% |
| ALPHABET INC CAP STK USD0.001 CL C | $3M | 0.4% |
Largest other investments (line 13), as listed
| #REORG/MFO JPMORGAN TR MERGER J P MORGAN EXCHANGE 3A2FBFD 06-30-2025 | $68.7M | 8.5% |
| LSV INTERNATIONAL VALUE EQUITY FUND | $45.5M | 5.6% |
| FUT MAR 25 US 2YR T-NOTE | $15.8M | 2.0% |
| FUT MAR 25 10 YR T-NOTES | $14.1M | 1.7% |
| FUT MAR 25 U.S. T-BONDS | $9.8M | 1.2% |
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 $36,772,794; recomputed $36,772,793.65; agrees within the form's whole-dollar rounding. |
| Excise tax | Part V line 1 against 1.39% of net investment income | agrees | Filed $586,374; recomputed $586,374.07; 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 $36,186,420; recomputed $36,186,420; agrees to the dollar. |
| Payout coverage | Part XI total against Part X line 7 | reported | Qualifying distributions $34,679,967 against a distributable amount of $36,186,420 (0.96×). |
| Payout deadline | Part XII undistributed income and the date it falls due | reported | Part XII reports $0 undistributed income for the year ended 31 December 2024: nothing carried into the next year, so nothing from this year falls due by 31 December 2025. |
| Holdings tie-out | The corporate-stock schedule against Part II line 10b | agrees | 531 listed holdings sum to Part II line 10b exactly; the largest is 5.1% 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 28 October 2025; the original due date was 15 May 2025; the six-month extension window ended 15 November 2025 (a Saturday, so 17 November 2025 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 |
|---|---|---|---|
| May 15, 2026 Passed | Excise tax on the year ending 31 December 2025, due with that return by 15 May 2026. That date has passed; the figure for that year is on its own return, not this one. | $586,374 | Projected under the assumptions below |
| December 31, 2026 | Distributable amount for the year ending 31 December 2025, to be paid out | $36,186,419 | Projected under the assumptions below |
If net noncharitable-use assets fell 20% over the year ending December 31, 2025: what is owed now, nothing from Part XII, is unchanged; the following year’s minimum investment return would be $29,418,234, $7,354,558 less than the projection.
The assumptions, the forward kernel proof, and what was refused
- Net noncharitable-use assets for the year ending 31 December 2025 equal this return's Part IX line 5, $735455873; the thirteen-month average is not observable from a filing.
- Net investment income for that year equals this return's, $42185185.
- 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)
7985e65750bda00c…· 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
b0daa77eaaac1f8ad8eb582c914462ce1ba3d436ca23a7b9cced5ba37d874ace · recomputed now, matchesreturn Form 990-PF, IRS object
202523019349100422, schema 2024v5.2 — the file as the IRS published it hashes to 43fd5a382aee78a4…source file
202523019349100422_public.xml inside 2025_TEOS_XML_11D.zip at irs.gov — not part of the seal; fetch it yourself with verify_proof.py b0daa77eaaac --fetcharithmetic
kernel@2026-09-15.1 · kernel proof aa3dfd83aacaff78…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 = 808337765 USD let mix_cash = share(4284991 USD, total_assets_fmv) let mix_savings = share(48179708 USD, total_assets_fmv) let mix_government = share(109159589 USD, total_assets_fmv) let mix_stock = share(267598143 USD, total_assets_fmv) let mix_bonds = share(106405067 USD, total_assets_fmv) let mix_mortgages = share(68844568 USD, total_assets_fmv) let mix_other = share(203245496 USD, total_assets_fmv) let net_noncharitable_assets = 735455873 USD let mir_filed = 36772794 USD let mir_recomputed = net_noncharitable_assets * 5% let mir_difference = mir_filed - mir_recomputed let net_investment_income = 42185185 USD let excise_filed = 586374 USD let excise_recomputed = net_investment_income * 1.39% let excise_difference = excise_filed - excise_recomputed let distributable_filed = 36186420 USD let distributable_recomputed = 36772794 USD - 586374 USD + 0 USD - 0 USD let distributable_difference = distributable_filed - distributable_recomputed let qualifying_distributions = 34679967 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 = [41023294 USD, 12509982 USD, 10912137 USD, 10380702 USD, 6782003 USD, 4209231 USD, 3725828 USD, 3644593 USD, 3597461 USD, 2976196 USD, 2777247 USD, 2240809 USD, 2203977 USD, 2160420 USD, 2122141 USD, 2105577 USD, 2065806 USD, 2041940 USD, 2033981 USD, 2016751 USD, 2015538 USD, 1995665 USD, 1897796 USD, 1837457 USD, 1797609 USD, 1729697 USD, 1678552 USD, 1666229 USD, 1664026 USD, 1643440 USD, 1613080 USD, 1602472 USD, 1594080 USD, 1592040 USD, 1586254 USD, 1544713 USD, 1489360 USD, 1484943 USD, 1473357 USD, 1459125 USD, 1446418 USD, 1430415 USD, 1371656 USD, 1337009 USD, 1309291 USD, 1307395 USD, 1291915 USD, 1257205 USD, 1241609 USD, 1183136 USD, 1179196 USD, 1072260 USD, 1071709 USD, 1071532 USD, 1060495 USD, 992168 USD, 965054 USD, 938471 USD, 932618 USD, 924571 USD, 916020 USD, 880021 USD, 864282 USD, 830486 USD, 817020 USD, 787026 USD, 786021 USD, 785033 USD, 766923 USD, 764864 USD, 759084 USD, 753182 USD, 739964 USD, 721525 USD, 719217 USD, 690806 USD, 683062 USD, 681350 USD, 680470 USD, 667184 USD, 661567 USD, 653290 USD, 646708 USD, 644786 USD, 626446 USD, 614045 USD, 595719 USD, 589436 USD, 576788 USD, 575461 USD, 568178 USD, 564495 USD, 561431 USD, 548391 USD, 533390 USD, 531582 USD, 525137 USD, 523232 USD, 515645 USD, 508927 USD, 504891 USD, 495753 USD, 495216 USD, 494094 USD, 490529 USD, 486187 USD, 483217 USD, 476676 USD, 472336 USD, 466340 USD, 464618 USD, 462032 USD, 440341 USD, 433587 USD, 427093 USD, 426704 USD, 426346 USD, 425648 USD, 423555 USD, 419313 USD, 414187 USD, 413959 USD, 411870 USD, 411045 USD, 408291 USD, 387381 USD, 384534 USD, 381163 USD, 377877 USD, 375768 USD, 375467 USD, 371744 USD, 371692 USD, 371043 USD, 352362 USD, 350948 USD, 339807 USD, 331650 USD, 329856 USD, 328516 USD, 324960 USD, 315410 USD, 303902 USD, 296695 USD, 296380 USD, 296254 USD, 292965 USD, 292525 USD, 292313 USD, 291470 USD, 289483 USD, 288595 USD, 288528 USD, 286909 USD, 285541 USD, 283810 USD, 281682 USD, 279150 USD, 278185 USD, 275443 USD, 273722 USD, 272417 USD, 269931 USD, 269677 USD, 268055 USD, 266948 USD, 266888 USD, 266543 USD, 266411 USD, 266281 USD, 266244 USD, 264159 USD, 260576 USD, 259865 USD, 258484 USD, 245439 USD, 242412 USD, 242297 USD, 240920 USD, 239286 USD, 238346 USD, 236048 USD, 233603 USD, 233482 USD, 232012 USD, 231764 USD, 230840 USD, 230541 USD, 227586 USD, 227218 USD, 226499 USD, 226302 USD, 222604 USD, 217312 USD, 216756 USD, 215747 USD, 213669 USD, 213299 USD, 211488 USD, 211328 USD, 209872 USD, 209187 USD, 206168 USD, 205409 USD, 204821 USD, 204294 USD, 203756 USD, 203388 USD, 203226 USD, 201851 USD, 197932 USD, 196913 USD, 196721 USD, 191670 USD, 190617 USD, 187147 USD, 186988 USD, 186814 USD, 185513 USD, 183154 USD, 182514 USD, 182006 USD, 180248 USD, 178167 USD, 178083 USD, 176713 USD, 174127 USD, 172580 USD, 170769 USD, 168656 USD, 167950 USD, 167683 USD, 167181 USD, 166482 USD, 166246 USD, 166192 USD, 165815 USD, 164978 USD, 163955 USD, 163598 USD, 162893 USD, 162677 USD, 161915 USD, 161584 USD, 161186 USD, 157939 USD, 156361 USD, 155602 USD, 155515 USD, 155210 USD, 151799 USD, 151411 USD, 150304 USD, 150062 USD, 149402 USD, 149286 USD, 149001 USD, 147760 USD, 147308 USD, 144581 USD, 143931 USD, 142766 USD, 141880 USD, 140817 USD, 140600 USD, 139623 USD, 137735 USD, 137461 USD, 136520 USD, 136062 USD, 135520 USD, 135457 USD, 134996 USD, 133431 USD, 133006 USD, 132183 USD, 131828 USD, 130713 USD, 129424 USD, 128441 USD, 128419 USD, 127374 USD, 126886 USD, 126552 USD, 126543 USD, 126039 USD, 126008 USD, 125814 USD, 125396 USD, 125349 USD, 125099 USD, 124032 USD, 123899 USD, 122330 USD, 122287 USD, 120195 USD, 119868 USD, 119044 USD, 118690 USD, 118218 USD, 117964 USD, 117563 USD, 117159 USD, 115701 USD, 115171 USD, 114505 USD, 114499 USD, 113973 USD, 113038 USD, 112407 USD, 110174 USD, 109508 USD, 108642 USD, 107779 USD, 107693 USD, 107650 USD, 106131 USD, 106051 USD, 105344 USD, 105236 USD, 105209 USD, 104871 USD, 103689 USD, 101939 USD, 101341 USD, 101175 USD, 101110 USD, 100861 USD, 100803 USD, 100696 USD, 100237 USD, 99997 USD, 99720 USD, 99630 USD, 98585 USD, 98500 USD, 97877 USD, 96922 USD, 96788 USD, 96773 USD, 96435 USD, 95722 USD, 95657 USD, 95529 USD, 95088 USD, 94952 USD, 93651 USD, 92693 USD, 92000 USD, 91677 USD, 91572 USD, 91101 USD, 90395 USD, 90310 USD, 89289 USD, 88555 USD, 87675 USD, 87606 USD, 86959 USD, 86668 USD, 86636 USD, 86332 USD, 85877 USD, 85508 USD, 84737 USD, 83388 USD, 82722 USD, 82469 USD, 82419 USD, 81761 USD, 81588 USD, 81314 USD, 80825 USD, 80818 USD, 80759 USD, 80420 USD, 80153 USD, 79425 USD, 79174 USD, 78618 USD, 78520 USD, 78291 USD, 78260 USD, 77796 USD, 77034 USD, 76805 USD, 76674 USD, 75666 USD, 75133 USD, 74872 USD, 74117 USD, 72669 USD, 71705 USD, 71468 USD, 70992 USD, 70768 USD, 70392 USD, 69450 USD, 69224 USD, 68570 … (7948 characters; the full program is in the body below)
{
"mix": [
{
"fmv": "4284991",
"line": "cash",
"label": "Cash (line 1)",
"share": "0.00530099073126937227781260473461"
},
{
"fmv": "48179708",
"line": "savings",
"label": "Savings and temporary cash investments (line 2)",
"share": "0.0596034356999267502984968171071"
},
{
"fmv": "109159589",
"line": "government",
"label": "U.S. and state government obligations (line 10a)",
"share": "0.135042050150904430402308371674"
},
{
"fmv": "267598143",
"line": "stock",
"label": "Corporate stock (line 10b)",
"share": "0.331047434113139573529637081845"
},
{
"fmv": "106405067",
"line": "bonds",
"label": "Corporate bonds (line 10c)",
"share": "0.131634412750714424433701919148"
},
{
"fmv": "68844568",
"line": "mortgages",
"label": "Mortgage loans (line 12)",
"share": "0.0851680708002056541302384900945"
},
{
"fmv": "203245496",
"line": "other",
"label": "Other investments (line 13)",
"share": "0.251436348517008852110231420401"
}
],
"kind": "public-filing-990pf",
"lens": "AXIOM",
"build": {
"commit": "7dd856f88a5ecf553ea48f52397c50a503af0e0d",
"digest": "b839212b6742304a91af2ff9e04e24acdb32ac9fd48760e6b89289b532c4c45b"
},
"filer": {
"ein": "364383840",
"name": "ST GEORGE CORPORATION"
},
"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": "36772794",
"label": "Minimum investment return: 5% of net noncharitable-use assets (Part IX line 6)",
"verdict": "rounding",
"difference": "0.35",
"recomputed": "36772793.65"
},
{
"id": "excise_tax",
"note": null,
"filed": "586374",
"label": "Excise tax: 1.39% of net investment income (Part V line 1)",
"verdict": "rounding",
"difference": "-0.0715",
"recomputed": "586374.0715"
},
{
"id": "distributable_amount",
"note": null,
"filed": "36186420",
"label": "Distributable amount: minimum investment return − taxes + recoveries − deduction (Part X line 7)",
"verdict": "exact",
"difference": "0",
"recomputed": "36186420"
}
],
"engine": "kernel@2026-09-15.1",
"source": {
"form": "990-PF",
"lines": {
"netInvestmentIncome": "42185185",
"grossInvestmentIncome": "43994849",
"netNoncharitableAssets": "735455873",
"undistributedCurrentYear": "0"
},
"period": {
"end": "2024-12-31",
"days": 366,
"begin": "2024-01-01"
},
"amended": false,
"foreign": {
"organization": false,
"meets85PctTest": false
},
"objectId": "202523019349100422",
"returnTs": "2025-10-28T14:12:50-05:00",
"operating": false,
"sourceSha256": "43fd5a382aee78a4cbbaddb15aa8bdc25cd00b9ce306e1ee4a4d62472f23f79d",
"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 = 808337765 USD\nlet mix_cash = share(4284991 USD, total_assets_fmv)\nlet mix_savings = share(48179708 USD, total_assets_fmv)\nlet mix_government = share(109159589 USD, total_assets_fmv)\nlet mix_stock = share(267598143 USD, total_assets_fmv)\nlet mix_bonds = share(106405067 USD, total_assets_fmv)\nlet mix_mortgages = share(68844568 USD, total_assets_fmv)\nlet mix_other = share(203245496 USD, total_assets_fmv)\nlet net_noncharitable_assets = 735455873 USD\nlet mir_filed = 36772794 USD\nlet mir_recomputed = net_noncharitable_assets * 5%\nlet mir_difference = mir_filed - mir_recomputed\nlet net_investment_income = 42185185 USD\nlet excise_filed = 586374 USD\nlet excise_recomputed = net_investment_income * 1.39%\nlet excise_difference = excise_filed - excise_recomputed\nlet distributable_filed = 36186420 USD\nlet distributable_recomputed = 36772794 USD - 586374 USD + 0 USD - 0 USD\nlet distributable_difference = distributable_filed - distributable_recomputed\nlet qualifying_distributions = 34679967 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 = [41023294 USD, 12509982 USD, 10912137 USD, 10380702 USD, 6782003 USD, 4209231 USD, 3725828 USD, 3644593 USD, 3597461 USD, 2976196 USD, 2777247 USD, 2240809 USD, 2203977 USD, 2160420 USD, 2122141 USD, 2105577 USD, 2065806 USD, 2041940 USD, 2033981 USD, 2016751 USD, 2015538 USD, 1995665 USD, 1897796 USD, 1837457 USD, 1797609 USD, 1729697 USD, 1678552 USD, 1666229 USD, 1664026 USD, 1643440 USD, 1613080 USD, 1602472 USD, 1594080 USD, 1592040 USD, 1586254 USD, 1544713 USD, 1489360 USD, 1484943 USD, 1473357 USD, 1459125 USD, 1446418 USD, 1430415 USD, 1371656 USD, 1337009 USD, 1309291 USD, 1307395 USD, 1291915 USD, 1257205 USD, 1241609 USD, 1183136 USD, 1179196 USD, 1072260 USD, 1071709 USD, 1071532 USD, 1060495 USD, 992168 USD, 965054 USD, 938471 USD, 932618 USD, 924571 USD, 916020 USD, 880021 USD, 864282 USD, 830486 USD, 817020 USD, 787026 USD, 786021 USD, 785033 USD, 766923 USD, 764864 USD, 759084 USD, 753182 USD, 739964 USD, 721525 USD, 719217 USD, 690806 USD, 683062 USD, 681350 USD, 680470 USD, 667184 USD, 661567 USD, 653290 USD, 646708 USD, 644786 USD, 626446 USD, 614045 USD, 595719 USD, 589436 USD, 576788 USD, 575461 USD, 568178 USD, 564495 USD, 561431 USD, 548391 USD, 533390 USD, 531582 USD, 525137 USD, 523232 USD, 515645 USD, 508927 USD, 504891 USD, 495753 USD, 495216 USD, 494094 USD, 490529 USD, 486187 USD, 483217 USD, 476676 USD, 472336 USD, 466340 USD, 464618 USD, 462032 USD, 440341 USD, 433587 USD, 427093 USD, 426704 USD, 426346 USD, 425648 USD, 423555 USD, 419313 USD, 414187 USD, 413959 USD, 411870 USD, 411045 USD, 408291 USD, 387381 USD, 384534 USD, 381163 USD, 377877 USD, 375768 USD, 375467 USD, 371744 USD, 371692 USD, 371043 USD, 352362 USD, 350948 USD, 339807 USD, 331650 USD, 329856 USD, 328516 USD, 324960 USD, 315410 USD, 303902 USD, 296695 USD, 296380 USD, 296254 USD, 292965 USD, 292525 USD, 292313 USD, 291470 USD, 289483 USD, 288595 USD, 288528 USD, 286909 USD, 285541 USD, 283810 USD, 281682 USD, 279150 USD, 278185 USD, 275443 USD, 273722 USD, 272417 USD, 269931 USD, 269677 USD, 268055 USD, 266948 USD, 266888 USD, 266543 USD, 266411 USD, 266281 USD, 266244 USD, 264159 USD, 260576 USD, 259865 USD, 258484 USD, 245439 USD, 242412 USD, 242297 USD, 240920 USD, 239286 USD, 238346 USD, 236048 USD, 233603 USD, 233482 USD, 232012 USD, 231764 USD, 230840 USD, 230541 USD, 227586 USD, 227218 USD, 226499 USD, 226302 USD, 222604 USD, 217312 USD, 216756 USD, 215747 USD, 213669 USD, 213299 USD, 211488 USD, 211328 USD, 209872 USD, 209187 USD, 206168 USD, 205409 USD, 204821 USD, 204294 USD, 203756 USD, 203388 USD, 203226 USD, 201851 USD, 197932 USD, 196913 USD, 196721 USD, 191670 USD, 190617 USD, 187147 USD, 186988 USD, 186814 USD, 185513 USD, 183154 USD, 182514 USD, 182006 USD, 180248 USD, 178167 USD, 178083 USD, 176713 USD, 174127 USD, 172580 USD, 170769 USD, 168656 USD, 167950 USD, 167683 USD, 167181 USD, 166482 USD, 166246 USD, 166192 USD, 165815 USD, 164978 USD, 163955 USD, 163598 USD, 162893 USD, 162677 USD, 161915 USD, 161584 USD, 161186 USD, 157939 USD, 156361 USD, 155602 USD, 155515 USD, 155210 USD, 151799 USD, 151411 USD, 150304 USD, 150062 USD, 149402 USD, 149286 USD, 149001 USD, 147760 USD, 147308 USD, 144581 USD, 143931 USD, 142766 USD, 141880 USD, 140817 USD, 140600 USD, 139623 USD, 137735 USD, 137461 USD, 136520 USD, 136062 USD, 135520 USD, 135457 USD, 134996 USD, 133431 USD, 133006 USD, 132183 USD, 131828 USD, 130713 USD, 129424 USD, 128441 USD, 128419 USD, 127374 USD, 126886 USD, 126552 USD, 126543 USD, 126039 USD, 126008 USD, 125814 USD, 125396 USD, 125349 USD, 125099 USD, 124032 USD, 123899 USD, 122330 USD, 122287 USD, 120195 USD, 119868 USD, 119044 USD, 118690 USD, 118218 USD, 117964 USD, 117563 USD, 117159 USD, 115701 USD, 115171 USD, 114505 USD, 114499 USD, 113973 USD, 113038 USD, 112407 USD, 110174 USD, 109508 USD, 108642 USD, 107779 USD, 107693 USD, 107650 USD, 106131 USD, 106051 USD, 105344 USD, 105236 USD, 105209 USD, 104871 USD, 103689 USD, 101939 USD, 101341 USD, 101175 USD, 101110 USD, 100861 USD, 100803 USD, 100696 USD, 100237 USD, 99997 USD, 99720 USD, 99630 USD, 98585 USD, 98500 USD, 97877 USD, 96922 USD, 96788 USD, 96773 USD, 96435 USD, 95722 USD, 95657 USD, 95529 USD, 95088 USD, 94952 USD, 93651 USD, 92693 USD, 92000 USD, 91677 USD, 91572 USD, 91101 USD, 90395 USD, 90310 USD, 89289 USD, 88555 USD, 87675 USD, 87606 USD, 86959 USD, 86668 USD, 86636 USD, 86332 USD, 85877 USD, 85508 USD, 84737 USD, 83388 USD, 82722 USD, 82469 USD, 82419 USD, 81761 USD, 81588 USD, 81314 USD, 80825 USD, 80818 USD, 80759 USD, 80420 USD, 80153 USD, 79425 USD, 79174 USD, 78618 USD, 78520 USD, 78291 USD, 78260 USD, 77796 USD, 77034 USD, 76805 USD, 76674 USD, 75666 USD, 75133 USD, 74872 USD, 74117 USD, 72669 USD, 71705 USD, 71468 USD, 70992 USD, 70768 USD, 70392 USD, 69450 USD, 69224 USD, 68570 USD, 67651 USD, 67405 USD, 66949 USD, 65651 USD, 65639 USD, 65603 USD, 65301 USD, 65268 USD, 65249 USD, 64586 USD, 64369 USD, 63118 USD, 62836 USD, 62332 USD, 62260 USD, 62096 USD, 60434 USD, 60098 USD, 58528 USD, 58103 USD, 57470 USD, 57454 USD, 56533 USD, 56395 USD, 56249 USD, 55339 USD, 55334 USD, 54801 USD, 54798 USD, 54755 USD, 54126 USD, 53174 USD, 52863 USD, 52771 USD, 52709 USD, 52594 USD, 52365 USD, 51748 USD, 51712 USD, 51522 USD, 50494 USD, 50204 USD, 49951 USD, 49833 USD, 49436 USD, 49421 USD, 49025 USD, 48677 USD, 48459 USD, 47480 USD, 47034 USD, 46932 USD, 46319 USD, 45777 USD, 45447 USD, 45146 USD, 45078 USD, 44529 USD, 44109 USD, 43799 USD, 42970 USD, 42774 USD, 42555 USD, 42328 USD, 42146 USD, 41733 USD, 41453 USD, 41265 USD, 40612 USD, 40125 USD, 39890 USD, 39795 USD, 39048 USD, 38702 USD, 38650 USD, 38040 USD, 37918 USD, 37574 USD, 37187 USD, 36512 USD, 36416 USD, 36202 USD, 36140 USD, 35957 USD, 35738 USD, 35555 USD, 35543 USD, 35446 USD, 34731 USD, 34530 USD, 33592 USD, 33537 USD, 32590 USD, 31937 USD, 31924 USD, 31826 USD, 31646 USD, 30329 USD, 29913 USD, 29532 USD, 27587 USD, 26992 USD, 26648 USD, 26524 USD, 26496 USD, 26000 USD, 25109 USD, 24998 USD, 24742 USD, 24600 USD, 24566 USD, 24493 USD, 23931 USD, 23561 USD, 23140 USD, 21562 USD, 19698 USD, 18909 USD, 17746 USD, 15897 USD, 13397 USD, 13217 USD, 12747 USD, 11643 USD, 11129 USD, 10914 USD, 10243 USD, 9314 USD, 8890 USD, 5073 USD, 2607 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([41023294 USD, 12509982 USD, 10912137 USD, 10380702 USD, 6782003 USD, 4209231 USD, 3725828 USD, 3644593 USD, 3597461 USD, 2976196 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": {
"mix_cash": "0.00530099073126937227781260473461",
"mir_filed": "36772794 USD",
"mix_bonds": "0.131634412750714424433701919148",
"mix_other": "0.251436348517008852110231420401",
"mix_stock": "0.331047434113139573529637081845",
"mix_savings": "0.0596034356999267502984968171071",
"payout_rate": "0.0471543817558174560936574368752",
"stock_count": "531",
"excise_filed": "586374 USD",
"largest_stock": "41023294 USD",
"mix_mortgages": "0.0851680708002056541302384900945",
"mir_difference": "0.35 USD",
"mir_recomputed": "36772793.65 USD",
"mix_government": "0.135042050150904430402308371674",
"payout_coverage": "0.958369659115215044759885061855",
"total_assets_fmv": "808337765 USD",
"excise_difference": "-0.0715 USD",
"excise_recomputed": "586374.0715 USD",
"distributable_filed": "36186420 USD",
"stock_concentration": "0.0327357616687250501770632392379",
"top10_share_of_stock": "0.372803136380509187614205529072",
"net_investment_income": "42185185 USD",
"distributable_difference": "0 USD",
"distributable_recomputed": "36186420 USD",
"effective_stock_holdings": "30.547631978741330382566705373",
"net_noncharitable_assets": "735455873 USD",
"qualifying_distributions": "34679967 USD",
"undistributed_to_next_year": "0 USD",
"largest_stock_share_of_assets": "0.0507501885675228844467015592176",
"largest_stock_halved_share_of_assets": "0.0253750942837614422233507796088"
},
"version": 2,
"holdings": {
"tie": "exact",
"top": [
{
"fmv": "41023294",
"name": "CF BAILLIE GIFFORD INTL CHOICE C12 FD",
"shareOfAssets": "0.0507501885675228844467015592176"
},
{
"fmv": "12509982",
"name": "APPLE INC COM STK",
"shareOfAssets": "0.0154761815439861330739632089316"
},
{
"fmv": "10912137",
"name": "NVIDIA CORP COM",
"shareOfAssets": "0.0134994769173007771076982899593"
},
{
"fmv": "10380702",
"name": "MICROSOFT CORP COM",
"shareOfAssets": "0.0128420351608835200221036313947"
},
{
"fmv": "6782003",
"name": "AMAZON COM INC COM",
"shareOfAssets": "0.00839006080583158204912027090557"
},
{
"fmv": "4209231",
"name": "META PLATFORMS INC COM USD0.000006 CL 'A'",
"shareOfAssets": "0.00520726753376418086813004462312"
},
{
"fmv": "3725828",
"name": "TESLA INC COM USD0.001",
"shareOfAssets": "0.00460924648250227428134574412715"
},
{
"fmv": "3644593",
"name": "ALPHABET INC CAPITAL STOCK USD0.001 CL A",
"shareOfAssets": "0.00450875012625446245233884377529"
},
{
"fmv": "3597461",
"name": "BROADCOM INC COM",
"shareOfAssets": "0.00445044281705680298136262382842"
},
{
"fmv": "2976196",
"name": "ALPHABET INC CAP STK USD0.001 CL C",
"shareOfAssets": "0.00368187177299578475094504584974"
}
],
"count": 531,
"schedule": "Corporate stock (line 10b)"
},
"refusals": [],
"blankLines": [],
"kernelProof": "aa3dfd83aacaff784776be8d7becdf3ba47fa86d998531d6e24039327a2fd6ac",
"otherInvestments": [
{
"fmv": "68740579",
"name": "#REORG/MFO JPMORGAN TR MERGER J P MORGAN EXCHANGE 3A2FBFD 06-30-2025",
"shareOfAssets": "0.0850394253199341738041893910524"
},
{
"fmv": "45511162",
"name": "LSV INTERNATIONAL VALUE EQUITY FUND",
"shareOfAssets": "0.0563021597784683485621879858601"
},
{
"fmv": "15831922",
"name": "FUT MAR 25 US 2YR T-NOTE",
"shareOfAssets": "0.0195857755080885030776707556154"
},
{
"fmv": "14137500",
"name": "FUT MAR 25 10 YR T-NOTES",
"shareOfAssets": "0.0174895948353965622279196617765"
},
{
"fmv": "9790563",
"name": "FUT MAR 25 U.S. T-BONDS",
"shareOfAssets": "0.0121119702974659361609809236118"
}
]
}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.