Sealed proof · filed Form 990-PF

THE QUINN FOUNDATION

EIN 20-4268916, tax year January 1, 2025 to December 31, 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 QUINN FOUNDATION. 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 2025-12-31. The IRS received it on August 19, 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 distributions2.22×

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 rate10.7%

of net noncharitable-use assets; the legal test is the distributable amount, not this rate

Assets at fair market value$31.2M

end of the tax year, Part II

Largest listed stock3.9%

NVIDIA CORPORATION

If that stock halved−1.9%

of total assets, from that one name

Keep This Record

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

THE QUINN FOUNDATION · Form 990-PF, year ended December 31, 2025checking

Minimum investment return (the 5% figure)Excise tax on investment incomeDistributable amount (what had to be paid out)Qualifying distributions (what was paid out)

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/b93343e11aa9 — it fits on a printed page, and whoever opens it can run the same check.

The return’s own arithmetic, re-done

Each line as filed and as recomputed
Line	As filed	Recomputed	Result
Minimum investment return: 5% of net noncharitable-use assets (Part IX line 6)	$1,546,307	$1,546,306.95	recomputes, within the form's whole-dollar rounding (difference $0.05)
Excise tax: 1.39% of net investment income (Part V line 1)	$53,482	$53,481.9736	recomputes, within the form's whole-dollar rounding (difference $0.0264)
Distributable amount: minimum investment return − taxes + recoveries − deduction (Part X line 7)	$1,492,825	$1,492,825	recomputes exactly

Where the assets sit, at fair market value

Assets by Part II line, at fair market value
Part II line	Fair market value	Share of assets
Savings and temporary cash investments (line 2)	$807,369	2.6%
U.S. and state government obligations (line 10a)	$1.9M	6.2%
Corporate stock (line 10b)	$28.5M	91.2%

The ten largest listed stocks, of 362 on the schedule

The schedule ties to Part II line 10b exactly. It behaves like 98.1 equal holdings; the ten largest are 22.8% of the listed stock.

The ten largest listed stocks
Stock, as listed	Fair market value	Share of assets
NVIDIA CORPORATION	$1.2M	3.9%
AMAZON COM INC	$728,006	2.3%
MICROSOFT CORP	$679,486	2.2%
META PLATFORMS INC CL A	$611,243	2.0%
NVIDIA CORPORATION	$592,324	1.9%
ALPHABET INC CL C	$589,944	1.9%
APPLE INC	$538,283	1.7%
APPLE INC	$533,933	1.7%
JPMORGAN CHASE & CO	$508,463	1.6%
MICROSOFT CORP	$499,096	1.6%

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 $1,546,307; recomputed $1,546,306.95; agrees within the form's whole-dollar rounding.
Excise tax	Part V line 1 against 1.39% of net investment income	agrees	Filed $53,482; recomputed $53,481.97; 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 $1,492,825; recomputed $1,492,825; agrees to the dollar.
Payout coverage	Part XI total against Part X line 7	reported	Qualifying distributions $3,309,860 against a distributable amount of $1,492,825 (2.22×).
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 2025: nothing carried into the next year, so nothing from this year falls due by 31 December 2026.
Holdings tie-out	The corporate-stock schedule against Part II line 10b	agrees	362 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 19 August 2026; the original due date was 15 May 2026; the six-month extension window ended 15 November 2026 (a Sunday, so 16 November 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
May 17, 2027	Excise tax on the year ending 31 December 2026, due with that return by 15 May 2027 (a Saturday, so 17 May 2027 under IRC §7503)	$53,481	Projected under the assumptions below
December 31, 2027	Distributable amount for the year ending 31 December 2026, to be paid out	$1,492,824	Projected under the assumptions below

If net noncharitable-use assets fell 20% over the coming year: what is owed now, nothing from Part XII, is unchanged; the following year’s minimum investment return would be $1,237,045, $309,261 less than the projection.

The assumptions, the forward kernel proof, and what was refused

Net noncharitable-use assets for the year ending 31 December 2026 equal this return's Part IX line 5, $30926139; the thirteen-month average is not observable from a filing.
Net investment income for that year equals this return's, $3847624.
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) 60c1c0fc683d13f5… · 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.

Walk through it with a person →

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 b93343e11aa9ef83043662e8e6689506e42b6dfd2330f519d2f7430d62517dda · recomputed now, matches

return Form 990-PF, IRS object 202622319349100802, schema 2025v4.2 — the file as the IRS published it hashes to 0f286bd086d2b9a5…

source file 202622319349100802_public.xml inside 2026_TEOS_XML_08A.zip at irs.gov — not part of the seal; fetch it yourself with verify_proof.py b93343e11aa9 --fetch

arithmetic kernel@2026-09-15.1 · kernel proof 513cb301f5ec9684…

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 superseded

This 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.

Check It at /verifyKeep This Record

The program, and the full body that was hashed

let total_assets_fmv = 31205153 USD
let mix_savings = share(807369 USD, total_assets_fmv)
let mix_government = share(1932779 USD, total_assets_fmv)
let mix_stock = share(28465005 USD, total_assets_fmv)
let net_noncharitable_assets = 30926139 USD
let mir_filed = 1546307 USD
let mir_recomputed = net_noncharitable_assets * 5%
let mir_difference = mir_filed - mir_recomputed
let net_investment_income = 3847624 USD
let excise_filed = 53482 USD
let excise_recomputed = net_investment_income * 1.39%
let excise_difference = excise_filed - excise_recomputed
let distributable_filed = 1492825 USD
let distributable_recomputed = 1546307 USD - 53482 USD + 0 USD - 0 USD
let distributable_difference = distributable_filed - distributable_recomputed
let qualifying_distributions = 3309860 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 = [1211504 USD, 728006 USD, 679486 USD, 611243 USD, 592324 USD, 589944 USD, 538283 USD, 533933 USD, 508463 USD, 499096 USD, 378416 USD, 362289 USD, 356881 USD, 346883 USD, 331475 USD, 312374 USD, 307683 USD, 306561 USD, 285662 USD, 282518 USD, 281047 USD, 280761 USD, 277953 USD, 266498 USD, 263570 USD, 260920 USD, 259771 USD, 252155 USD, 251386 USD, 231541 USD, 230283 USD, 225223 USD, 223070 USD, 220624 USD, 216659 USD, 210503 USD, 210295 USD, 209435 USD, 208232 USD, 206175 USD, 205782 USD, 204173 USD, 202393 USD, 201755 USD, 201479 USD, 199008 USD, 196855 USD, 195812 USD, 190427 USD, 182506 USD, 178602 USD, 178224 USD, 177165 USD, 175755 USD, 173090 USD, 172013 USD, 169782 USD, 169042 USD, 168645 USD, 168429 USD, 164587 USD, 163449 USD, 160549 USD, 158854 USD, 153322 USD, 149841 USD, 146820 USD, 138153 USD, 136639 USD, 133587 USD, 131390 USD, 129612 USD, 125968 USD, 124932 USD, 124884 USD, 118105 USD, 115298 USD, 114008 USD, 113304 USD, 111838 USD, 109376 USD, 100612 USD, 99076 USD, 98175 USD, 96287 USD, 88583 USD, 85466 USD, 85303 USD, 81852 USD, 77514 USD, 76210 USD, 74974 USD, 73213 USD, 70307 USD, 70297 USD, 69901 USD, 69502 USD, 69300 USD, 67701 USD, 67639 USD, 65933 USD, 65623 USD, 64602 USD, 64116 USD, 63078 USD, 62970 USD, 62409 USD, 61952 USD, 61495 USD, 60990 USD, 60812 USD, 57991 USD, 57803 USD, 55662 USD, 54981 USD, 53754 USD, 52231 USD, 51843 USD, 51585 USD, 51237 USD, 50681 USD, 50507 USD, 50184 USD, 49050 USD, 47890 USD, 46879 USD, 46184 USD, 45718 USD, 43375 USD, 43353 USD, 42621 USD, 42480 USD, 41783 USD, 41651 USD, 41256 USD, 41107 USD, 40971 USD, 40891 USD, 40822 USD, 40730 USD, 40091 USD, 40090 USD, 40007 USD, 39676 USD, 38889 USD, 38831 USD, 38499 USD, 37823 USD, 37243 USD, 37158 USD, 37133 USD, 36017 USD, 35988 USD, 35677 USD, 35209 USD, 34996 USD, 34819 USD, 34798 USD, 34793 USD, 34242 USD, 34212 USD, 33764 USD, 33535 USD, 33477 USD, 33142 USD, 33100 USD, 32957 USD, 32123 USD, 31872 USD, 31461 USD, 30485 USD, 30381 USD, 30346 USD, 30337 USD, 29973 USD, 29674 USD, 29221 USD, 28309 USD, 28171 USD, 28117 USD, 27717 USD, 27611 USD, 27568 USD, 27454 USD, 27334 USD, 27281 USD, 27239 USD, 27214 USD, 27161 USD, 27052 USD, 26772 USD, 26669 USD, 26368 USD, 26182 USD, 25432 USD, 25372 USD, 24950 USD, 24546 USD, 24345 USD, 24308 USD, 24217 USD, 24118 USD, 24101 USD, 23917 USD, 23874 USD, 23760 USD, 23145 USD, 23087 USD, 22688 USD, 22403 USD, 22222 USD, 22181 USD, 21785 USD, 21728 USD, 21659 USD, 21489 USD, 21483 USD, 21301 USD, 21270 USD, 20793 USD, 20730 USD, 20718 USD, 20558 USD, 20531 USD, 19481 USD, 19454 USD, 19389 USD, 19110 USD, 19068 USD, 18812 USD, 18625 USD, 18408 USD, 18390 USD, 18129 USD, 17578 USD, 17551 USD, 17328 USD, 16856 USD, 16777 USD, 16439 USD, 16366 USD, 16288 USD, 15587 USD, 15495 USD, 15442 USD, 15404 USD, 15403 USD, 15347 USD, 15319 USD, 15226 USD, 15202 USD, 15136 USD, 15058 USD, 14984 USD, 14978 USD, 14763 USD, 14624 USD, 14601 USD, 14536 USD, 14110 USD, 13942 USD, 13623 USD, 13585 USD, 13476 USD, 13444 USD, 13414 USD, 13315 USD, 13302 USD, 13228 USD, 12949 USD, 12935 USD, 12886 USD, 12690 USD, 12609 USD, 12492 USD, 12416 USD, 12153 USD, 12085 USD, 12084 USD, 12058 USD, 11884 USD, 11811 USD, 11724 USD, 11393 USD, 11198 USD, 11096 USD, 11028 USD, 10963 USD, 10760 USD, 10666 USD, 10492 USD, 10473 USD, 10378 USD, 10173 USD, 9998 USD, 9945 USD, 9896 USD, 9707 USD, 9694 USD, 9391 USD, 9267 USD, 9208 USD, 9199 USD, 9044 USD, 8907 USD, 8851 USD, 8768 USD, 8631 USD, 8445 USD, 8106 USD, 8093 USD, 8044 USD, 7813 USD, 7781 USD, 7749 USD, 7728 USD, 7413 USD, 7152 USD, 6768 USD, 6761 USD, 6706 USD, 6528 USD, 5906 USD, 5638 USD, 5616 USD, 5462 USD, 5443 USD, 5410 USD, 5396 USD, 5229 USD, 5205 USD, 4993 USD, 4931 USD, 4709 USD, 4658 USD, 4311 USD, 4281 USD, 3909 USD, 3842 USD, 3690 USD, 3179 USD, 3113 USD, 2659 USD, 2649 USD, 2402 USD, 2368 USD, 2272 USD, 1971 USD, 1683 USD, 1422 USD, 1390 USD, 825 USD, 657 USD, 645 USD, 574 USD, 158 USD, 65 USD, 34 USD, 29 USD, 20 USD, 19 USD, 1 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([1211504 USD, 728006 USD, 679486 USD, 611243 USD, 592324 USD, 589944 USD, 538283 USD, 533933 USD, 508463 USD, 499096 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": "807369",
      "line": "savings",
      "label": "Savings and temporary cash investments (line 2)",
      "share": "0.0258729383573283553520791902543"
    },
    {
      "fmv": "1932779",
      "line": "government",
      "label": "U.S. and state government obligations (line 10a)",
      "share": "0.0619378152063538993063100828251"
    },
    {
      "fmv": "28465005",
      "line": "stock",
      "label": "Corporate stock (line 10b)",
      "share": "0.912189246436317745341610726921"
    }
  ],
  "kind": "public-filing-990pf",
  "lens": "AXIOM",
  "build": {
    "commit": "7dd856f88a5ecf553ea48f52397c50a503af0e0d",
    "digest": "b839212b6742304a91af2ff9e04e24acdb32ac9fd48760e6b89289b532c4c45b"
  },
  "filer": {
    "ein": "204268916",
    "name": "THE QUINN 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": "1546307",
      "label": "Minimum investment return: 5% of net noncharitable-use assets (Part IX line 6)",
      "verdict": "rounding",
      "difference": "0.05",
      "recomputed": "1546306.95"
    },
    {
      "id": "excise_tax",
      "note": null,
      "filed": "53482",
      "label": "Excise tax: 1.39% of net investment income (Part V line 1)",
      "verdict": "rounding",
      "difference": "0.0264",
      "recomputed": "53481.9736"
    },
    {
      "id": "distributable_amount",
      "note": null,
      "filed": "1492825",
      "label": "Distributable amount: minimum investment return − taxes + recoveries − deduction (Part X line 7)",
      "verdict": "exact",
      "difference": "0",
      "recomputed": "1492825"
    }
  ],
  "engine": "kernel@2026-09-15.1",
  "source": {
    "form": "990-PF",
    "lines": {
      "netInvestmentIncome": "3847624",
      "grossInvestmentIncome": "4097144",
      "netNoncharitableAssets": "30926139",
      "undistributedCurrentYear": "0"
    },
    "period": {
      "end": "2025-12-31",
      "days": 365,
      "begin": "2025-01-01"
    },
    "amended": false,
    "foreign": {
      "organization": false,
      "meets85PctTest": false
    },
    "objectId": "202622319349100802",
    "returnTs": "2026-08-19T10:40:42-05:00",
    "operating": false,
    "sourceSha256": "0f286bd086d2b9a5e011167d4d8e4acc2a9701a597223762bdb382bf5a44137f",
    "returnVersion": "2025v4.2",
    "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 = 31205153 USD\nlet mix_savings = share(807369 USD, total_assets_fmv)\nlet mix_government = share(1932779 USD, total_assets_fmv)\nlet mix_stock = share(28465005 USD, total_assets_fmv)\nlet net_noncharitable_assets = 30926139 USD\nlet mir_filed = 1546307 USD\nlet mir_recomputed = net_noncharitable_assets * 5%\nlet mir_difference = mir_filed - mir_recomputed\nlet net_investment_income = 3847624 USD\nlet excise_filed = 53482 USD\nlet excise_recomputed = net_investment_income * 1.39%\nlet excise_difference = excise_filed - excise_recomputed\nlet distributable_filed = 1492825 USD\nlet distributable_recomputed = 1546307 USD - 53482 USD + 0 USD - 0 USD\nlet distributable_difference = distributable_filed - distributable_recomputed\nlet qualifying_distributions = 3309860 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 = [1211504 USD, 728006 USD, 679486 USD, 611243 USD, 592324 USD, 589944 USD, 538283 USD, 533933 USD, 508463 USD, 499096 USD, 378416 USD, 362289 USD, 356881 USD, 346883 USD, 331475 USD, 312374 USD, 307683 USD, 306561 USD, 285662 USD, 282518 USD, 281047 USD, 280761 USD, 277953 USD, 266498 USD, 263570 USD, 260920 USD, 259771 USD, 252155 USD, 251386 USD, 231541 USD, 230283 USD, 225223 USD, 223070 USD, 220624 USD, 216659 USD, 210503 USD, 210295 USD, 209435 USD, 208232 USD, 206175 USD, 205782 USD, 204173 USD, 202393 USD, 201755 USD, 201479 USD, 199008 USD, 196855 USD, 195812 USD, 190427 USD, 182506 USD, 178602 USD, 178224 USD, 177165 USD, 175755 USD, 173090 USD, 172013 USD, 169782 USD, 169042 USD, 168645 USD, 168429 USD, 164587 USD, 163449 USD, 160549 USD, 158854 USD, 153322 USD, 149841 USD, 146820 USD, 138153 USD, 136639 USD, 133587 USD, 131390 USD, 129612 USD, 125968 USD, 124932 USD, 124884 USD, 118105 USD, 115298 USD, 114008 USD, 113304 USD, 111838 USD, 109376 USD, 100612 USD, 99076 USD, 98175 USD, 96287 USD, 88583 USD, 85466 USD, 85303 USD, 81852 USD, 77514 USD, 76210 USD, 74974 USD, 73213 USD, 70307 USD, 70297 USD, 69901 USD, 69502 USD, 69300 USD, 67701 USD, 67639 USD, 65933 USD, 65623 USD, 64602 USD, 64116 USD, 63078 USD, 62970 USD, 62409 USD, 61952 USD, 61495 USD, 60990 USD, 60812 USD, 57991 USD, 57803 USD, 55662 USD, 54981 USD, 53754 USD, 52231 USD, 51843 USD, 51585 USD, 51237 USD, 50681 USD, 50507 USD, 50184 USD, 49050 USD, 47890 USD, 46879 USD, 46184 USD, 45718 USD, 43375 USD, 43353 USD, 42621 USD, 42480 USD, 41783 USD, 41651 USD, 41256 USD, 41107 USD, 40971 USD, 40891 USD, 40822 USD, 40730 USD, 40091 USD, 40090 USD, 40007 USD, 39676 USD, 38889 USD, 38831 USD, 38499 USD, 37823 USD, 37243 USD, 37158 USD, 37133 USD, 36017 USD, 35988 USD, 35677 USD, 35209 USD, 34996 USD, 34819 USD, 34798 USD, 34793 USD, 34242 USD, 34212 USD, 33764 USD, 33535 USD, 33477 USD, 33142 USD, 33100 USD, 32957 USD, 32123 USD, 31872 USD, 31461 USD, 30485 USD, 30381 USD, 30346 USD, 30337 USD, 29973 USD, 29674 USD, 29221 USD, 28309 USD, 28171 USD, 28117 USD, 27717 USD, 27611 USD, 27568 USD, 27454 USD, 27334 USD, 27281 USD, 27239 USD, 27214 USD, 27161 USD, 27052 USD, 26772 USD, 26669 USD, 26368 USD, 26182 USD, 25432 USD, 25372 USD, 24950 USD, 24546 USD, 24345 USD, 24308 USD, 24217 USD, 24118 USD, 24101 USD, 23917 USD, 23874 USD, 23760 USD, 23145 USD, 23087 USD, 22688 USD, 22403 USD, 22222 USD, 22181 USD, 21785 USD, 21728 USD, 21659 USD, 21489 USD, 21483 USD, 21301 USD, 21270 USD, 20793 USD, 20730 USD, 20718 USD, 20558 USD, 20531 USD, 19481 USD, 19454 USD, 19389 USD, 19110 USD, 19068 USD, 18812 USD, 18625 USD, 18408 USD, 18390 USD, 18129 USD, 17578 USD, 17551 USD, 17328 USD, 16856 USD, 16777 USD, 16439 USD, 16366 USD, 16288 USD, 15587 USD, 15495 USD, 15442 USD, 15404 USD, 15403 USD, 15347 USD, 15319 USD, 15226 USD, 15202 USD, 15136 USD, 15058 USD, 14984 USD, 14978 USD, 14763 USD, 14624 USD, 14601 USD, 14536 USD, 14110 USD, 13942 USD, 13623 USD, 13585 USD, 13476 USD, 13444 USD, 13414 USD, 13315 USD, 13302 USD, 13228 USD, 12949 USD, 12935 USD, 12886 USD, 12690 USD, 12609 USD, 12492 USD, 12416 USD, 12153 USD, 12085 USD, 12084 USD, 12058 USD, 11884 USD, 11811 USD, 11724 USD, 11393 USD, 11198 USD, 11096 USD, 11028 USD, 10963 USD, 10760 USD, 10666 USD, 10492 USD, 10473 USD, 10378 USD, 10173 USD, 9998 USD, 9945 USD, 9896 USD, 9707 USD, 9694 USD, 9391 USD, 9267 USD, 9208 USD, 9199 USD, 9044 USD, 8907 USD, 8851 USD, 8768 USD, 8631 USD, 8445 USD, 8106 USD, 8093 USD, 8044 USD, 7813 USD, 7781 USD, 7749 USD, 7728 USD, 7413 USD, 7152 USD, 6768 USD, 6761 USD, 6706 USD, 6528 USD, 5906 USD, 5638 USD, 5616 USD, 5462 USD, 5443 USD, 5410 USD, 5396 USD, 5229 USD, 5205 USD, 4993 USD, 4931 USD, 4709 USD, 4658 USD, 4311 USD, 4281 USD, 3909 USD, 3842 USD, 3690 USD, 3179 USD, 3113 USD, 2659 USD, 2649 USD, 2402 USD, 2368 USD, 2272 USD, 1971 USD, 1683 USD, 1422 USD, 1390 USD, 825 USD, 657 USD, 645 USD, 574 USD, 158 USD, 65 USD, 34 USD, 29 USD, 20 USD, 19 USD, 1 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([1211504 USD, 728006 USD, 679486 USD, 611243 USD, 592324 USD, 589944 USD, 538283 USD, 533933 USD, 508463 USD, 499096 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": "1546307 USD",
    "mix_stock": "0.912189246436317745341610726921",
    "mix_savings": "0.0258729383573283553520791902543",
    "payout_rate": "0.10702467579286247145173860856",
    "stock_count": "362",
    "excise_filed": "53482 USD",
    "largest_stock": "1211504 USD",
    "mir_difference": "0.05 USD",
    "mir_recomputed": "1546306.95 USD",
    "mix_government": "0.0619378152063538993063100828251",
    "payout_coverage": "2.21717883877882538140773365934",
    "total_assets_fmv": "31205153 USD",
    "excise_difference": "0.0264 USD",
    "excise_recomputed": "53481.9736 USD",
    "distributable_filed": "1492825 USD",
    "stock_concentration": "0.0101902535725277097669297161533",
    "top10_share_of_stock": "0.228079425947755849682794715827",
    "net_investment_income": "3847624 USD",
    "distributable_difference": "0 USD",
    "distributable_recomputed": "1492825 USD",
    "effective_stock_holdings": "98.1329849039221008904089236162",
    "net_noncharitable_assets": "30926139 USD",
    "qualifying_distributions": "3309860 USD",
    "undistributed_to_next_year": "0 USD",
    "largest_stock_share_of_assets": "0.0388238442541845572748834142874",
    "largest_stock_halved_share_of_assets": "0.0194119221270922786374417071437"
  },
  "version": 2,
  "holdings": {
    "tie": "exact",
    "top": [
      {
        "fmv": "1211504",
        "name": "NVIDIA CORPORATION",
        "shareOfAssets": "0.0388238442541845572748834142874"
      },
      {
        "fmv": "728006",
        "name": "AMAZON COM INC",
        "shareOfAssets": "0.023329672506332527836027594545"
      },
      {
        "fmv": "679486",
        "name": "MICROSOFT CORP",
        "shareOfAssets": "0.0217748011041637898714997487755"
      },
      {
        "fmv": "611243",
        "name": "META PLATFORMS INC CL A",
        "shareOfAssets": "0.0195878866544894043621577500357"
      },
      {
        "fmv": "592324",
        "name": "NVIDIA CORPORATION",
        "shareOfAssets": "0.0189816085824030409336560535371"
      },
      {
        "fmv": "589944",
        "name": "ALPHABET INC CL C",
        "shareOfAssets": "0.018905339127803667554522164977"
      },
      {
        "fmv": "538283",
        "name": "APPLE INC",
        "shareOfAssets": "0.0172498112731573532102214015743"
      },
      {
        "fmv": "533933",
        "name": "APPLE INC",
        "shareOfAssets": "0.0171104112195828682525607229037"
      },
      {
        "fmv": "508463",
        "name": "JPMORGAN CHASE & CO",
        "shareOfAssets": "0.0162941998714122632246026802048"
      },
      {
        "fmv": "499096",
        "name": "MICROSOFT CORP",
        "shareOfAssets": "0.0159940250893818722824400188007"
      }
    ],
    "count": 362,
    "schedule": "Corporate stock (line 10b)"
  },
  "refusals": [],
  "blankLines": [],
  "kernelProof": "513cb301f5ec9684018133f45dc26b2f2425d6b6f0d31c8fcf0336bed58fb560",
  "otherInvestments": []
}

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.