Sealed proof · filed Form 990-PF
JOHNSON ROBERT K FOUNDATION-MAIN
EIN 20-6981384, 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 ROBERT K JOHNSON 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 May 8, 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 distributions5.67×
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 rate27.7%
of net noncharitable-use assets; the legal test is the distributable amount, not this rate
Assets at fair market value$85.2M
end of the tax year, Part II
Largest listed stock3.5%
594918104 MICROSOFT CORP
If that stock halved−1.7%
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
JOHNSON ROBERT K FOUNDATION-MAIN · Form 990-PF, year ended December 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/c2788057d4db — 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) | $4,665,806 | $4,665,806 | recomputes exactly |
| Excise tax: 1.39% of net investment income (Part V line 1) | $101,943 | $101,943.2255 | recomputes, within the form's whole-dollar rounding (difference −$0.2255) |
| Distributable amount: minimum investment return − taxes + recoveries − deduction (Part X line 7) | $4,563,863 | $4,563,863 | 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) | $4.8M | 5.6% |
| Corporate stock (line 10b) | $54M | 63.4% |
| Corporate bonds (line 10c) | $9.8M | 11.5% |
| Other investments (line 13) | $16.6M | 19.5% |
The ten largest listed stocks, of 226 on the schedule
The schedule ties to Part II line 10b exactly. It behaves like 65.6 equal holdings; the ten largest are 30.8% of the listed stock.
| Stock, as listed | Fair market value | Share of assets |
|---|---|---|
| 594918104 MICROSOFT CORP | $3M | 3.5% |
| 037833100 APPLE INC | $2.9M | 3.4% |
| 67066G104 NVIDIA CORP | $2.1M | 2.5% |
| 11135F101 BROADCOM INC | $1.8M | 2.1% |
| 742718109 PROCTER & GAMBLE CO | $1.6M | 1.9% |
| 023135106 AMAZON COM INC COM | $1.4M | 1.7% |
| 30303M102 META PLATFORMS INC | $1.2M | 1.4% |
| 532457108 ELI LILLY & CO COM | $1.1M | 1.3% |
| 512807306 LAM RESH CORP | $823,889 | 1.0% |
| 007903107 ADVANCED MICRO DEVIC | $765,836 | 0.9% |
Largest other investments (line 13), as listed
| 464287614 ISHARES RUSSELL 1000 | $4.2M | 5.0% |
| 00771X419 GQG PART EMERG MKTS | $3.3M | 3.9% |
| 464287499 ISHARES RUSSELL MID- | $3.1M | 3.6% |
| 890930506 TORTOISE ENG INFRAS | $3M | 3.5% |
| 92204A702 VANGUARD INFORMATION | $769,609 | 0.9% |
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 $4,665,806; recomputed $4,665,806; agrees to the dollar. |
| Excise tax | Part V line 1 against 1.39% of net investment income | agrees | Filed $101,943; recomputed $101,943.22; 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 $4,563,863; recomputed $4,563,863; agrees to the dollar. |
| Payout coverage | Part XI total against Part X line 7 | reported | Qualifying distributions $25,891,084 against a distributable amount of $4,563,863 (5.67×). |
| 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 | 226 listed holdings sum to Part II line 10b exactly; the largest is 3.5% 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 8 May 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) | $101,943 | Projected under the assumptions below |
| December 31, 2027 | Distributable amount for the year ending 31 December 2026, to be paid out | $4,563,862 | 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 $3,732,644, $933,161 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, $93316120; the thirteen-month average is not observable from a filing.
- Net investment income for that year equals this return's, $7334045.
- 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)
b7019e583c45d608…· 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
c2788057d4db8a0a1494b49f6bb0fb83bc467de0d6e54faa59355236651bfc7f · recomputed now, matchesreturn Form 990-PF, IRS object
202621289349101957, schema 2025v4.1 — the file as the IRS published it hashes to e70165000a059ff8…source file
202621289349101957_public.xml inside 2026_TEOS_XML_05A.zip at irs.gov — not part of the seal; fetch it yourself with verify_proof.py c2788057d4db --fetcharithmetic
kernel@2026-09-15.1 · kernel proof 3d81dbbb14dd5f44…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 = 85247424 USD let mix_savings = share(4802950 USD, total_assets_fmv) let mix_stock = share(54023251 USD, total_assets_fmv) let mix_bonds = share(9783746 USD, total_assets_fmv) let mix_other = share(16637477 USD, total_assets_fmv) let net_noncharitable_assets = 93316120 USD let mir_filed = 4665806 USD let mir_recomputed = net_noncharitable_assets * 5% let mir_difference = mir_filed - mir_recomputed let net_investment_income = 7334045 USD let excise_filed = 101943 USD let excise_recomputed = net_investment_income * 1.39% let excise_difference = excise_filed - excise_recomputed let distributable_filed = 4563863 USD let distributable_recomputed = 4665806 USD - 101943 USD + 0 USD - 0 USD let distributable_difference = distributable_filed - distributable_recomputed let qualifying_distributions = 25891084 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 = [2957336 USD, 2893950 USD, 2101855 USD, 1773416 USD, 1597333 USD, 1414234 USD, 1207305 USD, 1098323 USD, 823889 USD, 765836 USD, 736273 USD, 719845 USD, 718125 USD, 695067 USD, 655490 USD, 653710 USD, 592650 USD, 539061 USD, 527823 USD, 517831 USD, 493098 USD, 479012 USD, 476491 USD, 466809 USD, 461373 USD, 428426 USD, 405504 USD, 405388 USD, 394671 USD, 378804 USD, 372924 USD, 364379 USD, 358955 USD, 353212 USD, 350675 USD, 345953 USD, 341649 USD, 326966 USD, 326815 USD, 325534 USD, 321734 USD, 317651 USD, 312316 USD, 308356 USD, 304174 USD, 295682 USD, 294212 USD, 286501 USD, 281070 USD, 279156 USD, 279011 USD, 278984 USD, 278280 USD, 274623 USD, 268324 USD, 267178 USD, 265923 USD, 256510 USD, 256222 USD, 244844 USD, 244673 USD, 242311 USD, 230107 USD, 227802 USD, 225378 USD, 218849 USD, 216376 USD, 214544 USD, 213478 USD, 212950 USD, 212065 USD, 207870 USD, 206366 USD, 205571 USD, 204485 USD, 202850 USD, 200990 USD, 200385 USD, 198964 USD, 197258 USD, 194243 USD, 191999 USD, 190550 USD, 188948 USD, 188457 USD, 180479 USD, 180385 USD, 178852 USD, 175806 USD, 172437 USD, 171534 USD, 171209 USD, 165795 USD, 165681 USD, 160339 USD, 160025 USD, 158943 USD, 155324 USD, 154849 USD, 153404 USD, 152898 USD, 150230 USD, 142644 USD, 140526 USD, 138967 USD, 135765 USD, 135688 USD, 134387 USD, 134018 USD, 132719 USD, 132539 USD, 132532 USD, 132411 USD, 130955 USD, 128595 USD, 126012 USD, 124947 USD, 122872 USD, 121303 USD, 117942 USD, 117245 USD, 116390 USD, 116016 USD, 114661 USD, 114168 USD, 113470 USD, 112509 USD, 111672 USD, 110802 USD, 110052 USD, 109878 USD, 109491 USD, 108323 USD, 106706 USD, 105870 USD, 103334 USD, 102326 USD, 101480 USD, 101464 USD, 100211 USD, 98670 USD, 98669 USD, 98331 USD, 96347 USD, 95139 USD, 94798 USD, 93319 USD, 92008 USD, 91205 USD, 90835 USD, 90646 USD, 89874 USD, 86733 USD, 86489 USD, 86441 USD, 85452 USD, 83218 USD, 83182 USD, 80402 USD, 79992 USD, 79939 USD, 77960 USD, 75932 USD, 74418 USD, 71714 USD, 69035 USD, 69005 USD, 68952 USD, 68572 USD, 67970 USD, 67528 USD, 66719 USD, 66636 USD, 66443 USD, 64452 USD, 64419 USD, 62879 USD, 62291 USD, 62047 USD, 61976 USD, 60777 USD, 59882 USD, 59622 USD, 59335 USD, 58874 USD, 58414 USD, 57593 USD, 55273 USD, 55261 USD, 54382 USD, 53909 USD, 51411 USD, 50254 USD, 49358 USD, 49042 USD, 48538 USD, 48169 USD, 48159 USD, 47997 USD, 45239 USD, 42844 USD, 39573 USD, 36724 USD, 35780 USD, 33982 USD, 33330 USD, 33082 USD, 33073 USD, 31107 USD, 30524 USD, 30353 USD, 30272 USD, 30209 USD, 28539 USD, 27066 USD, 23754 USD, 22881 USD, 21747 USD, 20875 USD, 18700 USD, 12448 USD, 12441 USD, 12373 USD, 11605 USD, 8746 USD, 5807 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([2957336 USD, 2893950 USD, 2101855 USD, 1773416 USD, 1597333 USD, 1414234 USD, 1207305 USD, 1098323 USD, 823889 USD, 765836 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": "4802950",
"line": "savings",
"label": "Savings and temporary cash investments (line 2)",
"share": "0.0563412919081285083758073440436"
},
{
"fmv": "54023251",
"line": "stock",
"label": "Corporate stock (line 10b)",
"share": "0.633722973259579081240038408668"
},
{
"fmv": "9783746",
"line": "bonds",
"label": "Corporate bonds (line 10c)",
"share": "0.114768816943958330048776605848"
},
{
"fmv": "16637477",
"line": "other",
"label": "Other investments (line 13)",
"share": "0.195166917888334080335377641441"
}
],
"kind": "public-filing-990pf",
"lens": "AXIOM",
"build": {
"commit": "7dd856f88a5ecf553ea48f52397c50a503af0e0d",
"digest": "b839212b6742304a91af2ff9e04e24acdb32ac9fd48760e6b89289b532c4c45b"
},
"filer": {
"ein": "206981384",
"name": "JOHNSON ROBERT K FOUNDATION-MAIN"
},
"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": "4665806",
"label": "Minimum investment return: 5% of net noncharitable-use assets (Part IX line 6)",
"verdict": "exact",
"difference": "0",
"recomputed": "4665806"
},
{
"id": "excise_tax",
"note": null,
"filed": "101943",
"label": "Excise tax: 1.39% of net investment income (Part V line 1)",
"verdict": "rounding",
"difference": "-0.2255",
"recomputed": "101943.2255"
},
{
"id": "distributable_amount",
"note": null,
"filed": "4563863",
"label": "Distributable amount: minimum investment return − taxes + recoveries − deduction (Part X line 7)",
"verdict": "exact",
"difference": "0",
"recomputed": "4563863"
}
],
"engine": "kernel@2026-09-15.1",
"source": {
"form": "990-PF",
"lines": {
"netInvestmentIncome": "7334045",
"grossInvestmentIncome": "7752848",
"netNoncharitableAssets": "93316120",
"undistributedCurrentYear": "0"
},
"period": {
"end": "2025-12-31",
"days": 365,
"begin": "2025-01-01"
},
"amended": false,
"foreign": {
"organization": false,
"meets85PctTest": false
},
"objectId": "202621289349101957",
"returnTs": "2026-05-08T11:01:14-05:00",
"operating": false,
"sourceSha256": "e70165000a059ff872dfd77548c15ffaff11b40e81505f046056d6afcac4c360",
"returnVersion": "2025v4.1",
"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 = 85247424 USD\nlet mix_savings = share(4802950 USD, total_assets_fmv)\nlet mix_stock = share(54023251 USD, total_assets_fmv)\nlet mix_bonds = share(9783746 USD, total_assets_fmv)\nlet mix_other = share(16637477 USD, total_assets_fmv)\nlet net_noncharitable_assets = 93316120 USD\nlet mir_filed = 4665806 USD\nlet mir_recomputed = net_noncharitable_assets * 5%\nlet mir_difference = mir_filed - mir_recomputed\nlet net_investment_income = 7334045 USD\nlet excise_filed = 101943 USD\nlet excise_recomputed = net_investment_income * 1.39%\nlet excise_difference = excise_filed - excise_recomputed\nlet distributable_filed = 4563863 USD\nlet distributable_recomputed = 4665806 USD - 101943 USD + 0 USD - 0 USD\nlet distributable_difference = distributable_filed - distributable_recomputed\nlet qualifying_distributions = 25891084 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 = [2957336 USD, 2893950 USD, 2101855 USD, 1773416 USD, 1597333 USD, 1414234 USD, 1207305 USD, 1098323 USD, 823889 USD, 765836 USD, 736273 USD, 719845 USD, 718125 USD, 695067 USD, 655490 USD, 653710 USD, 592650 USD, 539061 USD, 527823 USD, 517831 USD, 493098 USD, 479012 USD, 476491 USD, 466809 USD, 461373 USD, 428426 USD, 405504 USD, 405388 USD, 394671 USD, 378804 USD, 372924 USD, 364379 USD, 358955 USD, 353212 USD, 350675 USD, 345953 USD, 341649 USD, 326966 USD, 326815 USD, 325534 USD, 321734 USD, 317651 USD, 312316 USD, 308356 USD, 304174 USD, 295682 USD, 294212 USD, 286501 USD, 281070 USD, 279156 USD, 279011 USD, 278984 USD, 278280 USD, 274623 USD, 268324 USD, 267178 USD, 265923 USD, 256510 USD, 256222 USD, 244844 USD, 244673 USD, 242311 USD, 230107 USD, 227802 USD, 225378 USD, 218849 USD, 216376 USD, 214544 USD, 213478 USD, 212950 USD, 212065 USD, 207870 USD, 206366 USD, 205571 USD, 204485 USD, 202850 USD, 200990 USD, 200385 USD, 198964 USD, 197258 USD, 194243 USD, 191999 USD, 190550 USD, 188948 USD, 188457 USD, 180479 USD, 180385 USD, 178852 USD, 175806 USD, 172437 USD, 171534 USD, 171209 USD, 165795 USD, 165681 USD, 160339 USD, 160025 USD, 158943 USD, 155324 USD, 154849 USD, 153404 USD, 152898 USD, 150230 USD, 142644 USD, 140526 USD, 138967 USD, 135765 USD, 135688 USD, 134387 USD, 134018 USD, 132719 USD, 132539 USD, 132532 USD, 132411 USD, 130955 USD, 128595 USD, 126012 USD, 124947 USD, 122872 USD, 121303 USD, 117942 USD, 117245 USD, 116390 USD, 116016 USD, 114661 USD, 114168 USD, 113470 USD, 112509 USD, 111672 USD, 110802 USD, 110052 USD, 109878 USD, 109491 USD, 108323 USD, 106706 USD, 105870 USD, 103334 USD, 102326 USD, 101480 USD, 101464 USD, 100211 USD, 98670 USD, 98669 USD, 98331 USD, 96347 USD, 95139 USD, 94798 USD, 93319 USD, 92008 USD, 91205 USD, 90835 USD, 90646 USD, 89874 USD, 86733 USD, 86489 USD, 86441 USD, 85452 USD, 83218 USD, 83182 USD, 80402 USD, 79992 USD, 79939 USD, 77960 USD, 75932 USD, 74418 USD, 71714 USD, 69035 USD, 69005 USD, 68952 USD, 68572 USD, 67970 USD, 67528 USD, 66719 USD, 66636 USD, 66443 USD, 64452 USD, 64419 USD, 62879 USD, 62291 USD, 62047 USD, 61976 USD, 60777 USD, 59882 USD, 59622 USD, 59335 USD, 58874 USD, 58414 USD, 57593 USD, 55273 USD, 55261 USD, 54382 USD, 53909 USD, 51411 USD, 50254 USD, 49358 USD, 49042 USD, 48538 USD, 48169 USD, 48159 USD, 47997 USD, 45239 USD, 42844 USD, 39573 USD, 36724 USD, 35780 USD, 33982 USD, 33330 USD, 33082 USD, 33073 USD, 31107 USD, 30524 USD, 30353 USD, 30272 USD, 30209 USD, 28539 USD, 27066 USD, 23754 USD, 22881 USD, 21747 USD, 20875 USD, 18700 USD, 12448 USD, 12441 USD, 12373 USD, 11605 USD, 8746 USD, 5807 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([2957336 USD, 2893950 USD, 2101855 USD, 1773416 USD, 1597333 USD, 1414234 USD, 1207305 USD, 1098323 USD, 823889 USD, 765836 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": "4665806 USD",
"mix_bonds": "0.114768816943958330048776605848",
"mix_other": "0.195166917888334080335377641441",
"mix_stock": "0.633722973259579081240038408668",
"mix_savings": "0.0563412919081285083758073440436",
"payout_rate": "0.277455642176292799143384872839",
"stock_count": "226",
"excise_filed": "101943 USD",
"largest_stock": "2957336 USD",
"mir_difference": "0 USD",
"mir_recomputed": "4665806 USD",
"payout_coverage": "5.67306336759013143032558163994",
"total_assets_fmv": "85247424 USD",
"excise_difference": "-0.2255 USD",
"excise_recomputed": "101943.2255 USD",
"distributable_filed": "4563863 USD",
"stock_concentration": "0.0152428589823767883885702941332",
"top10_share_of_stock": "0.307894780341893900461488332126",
"net_investment_income": "7334045 USD",
"distributable_difference": "0 USD",
"distributable_recomputed": "4563863 USD",
"effective_stock_holdings": "65.604490676989259158052239219",
"net_noncharitable_assets": "93316120 USD",
"qualifying_distributions": "25891084 USD",
"undistributed_to_next_year": "0 USD",
"largest_stock_share_of_assets": "0.0346912066222669672692983661301",
"largest_stock_halved_share_of_assets": "0.0173456033111334836346491830651"
},
"version": 2,
"holdings": {
"tie": "exact",
"top": [
{
"fmv": "2957336",
"name": "594918104 MICROSOFT CORP",
"shareOfAssets": "0.0346912066222669672692983661301"
},
{
"fmv": "2893950",
"name": "037833100 APPLE INC",
"shareOfAssets": "0.0339476533625227197481064061244"
},
{
"fmv": "2101855",
"name": "67066G104 NVIDIA CORP",
"shareOfAssets": "0.0246559356444600601655716892982"
},
{
"fmv": "1773416",
"name": "11135F101 BROADCOM INC",
"shareOfAssets": "0.0208031623336794317679323659094"
},
{
"fmv": "1597333",
"name": "742718109 PROCTER & GAMBLE CO",
"shareOfAssets": "0.0187376101828015354458100692873"
},
{
"fmv": "1414234",
"name": "023135106 AMAZON COM INC COM",
"shareOfAssets": "0.0165897564247806479172907324449"
},
{
"fmv": "1207305",
"name": "30303M102 META PLATFORMS INC",
"shareOfAssets": "0.0141623634281312711572375489024"
},
{
"fmv": "1098323",
"name": "532457108 ELI LILLY & CO COM",
"shareOfAssets": "0.0128839435664355089486340373171"
},
{
"fmv": "823889",
"name": "512807306 LAM RESH CORP",
"shareOfAssets": "0.00966467913446862628951697121077"
},
{
"fmv": "765836",
"name": "007903107 ADVANCED MICRO DEVIC",
"shareOfAssets": "0.00898368494982323454137452880688"
}
],
"count": 226,
"schedule": "Corporate stock (line 10b)"
},
"refusals": [],
"blankLines": [],
"kernelProof": "3d81dbbb14dd5f4440215275431a708bbeed1116ff5a667b1ad9fdb79370a743",
"otherInvestments": [
{
"fmv": "4228462",
"name": "464287614 ISHARES RUSSELL 1000",
"shareOfAssets": "0.0496022261036298293306786607417"
},
{
"fmv": "3288177",
"name": "00771X419 GQG PART EMERG MKTS",
"shareOfAssets": "0.0385721567375455239562429475875"
},
{
"fmv": "3090267",
"name": "464287499 ISHARES RUSSELL MID-",
"shareOfAssets": "0.0362505616592004000027027209643"
},
{
"fmv": "2990654",
"name": "890930506 TORTOISE ENG INFRAS",
"shareOfAssets": "0.0350820454117182473455150973242"
},
{
"fmv": "769609",
"name": "92204A702 VANGUARD INFORMATION",
"shareOfAssets": "0.00902794435172610025142812526511"
}
]
}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.