Sealed proof · filed Form 990-PF

DANVILLE REGIONAL FOUNDATION

EIN 20-3319727, 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 November 11, 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 distributions1.00×

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 rate4.9%

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

Assets at fair market value$281.9M

end of the tax year, Part II

Largest listed stock0.3%

BEL FUSE INC CL B COM

If that stock halved−0.2%

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

DANVILLE REGIONAL FOUNDATION · Form 990-PF, year ended December 31, 2024checking

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/f5c0a16317d1 — 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)	$13,588,084	$13,588,083.9	recomputes, within the form's whole-dollar rounding (difference $0.1)
Excise tax: 1.39% of net investment income (Part V line 1)	$191,094	$191,093.7667	recomputes, within the form's whole-dollar rounding (difference $0.2333)
Distributable amount: minimum investment return − taxes + recoveries − deduction (Part X line 7)	$13,428,765	$13,428,765	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
Cash (line 1)	$1.1M	0.4%
Savings and temporary cash investments (line 2)	$12.5M	4.5%
U.S. and state government obligations (line 10a)	$15.8M	5.6%
Corporate stock (line 10b)	$62.1M	22.0%
Corporate bonds (line 10c)	$18.7M	6.6%
Other investments (line 13)	$167.3M	59.3%

The ten largest listed stocks, of 190 on the schedule

The schedule ties to Part II line 10b exactly. It behaves like 132.0 equal holdings; the ten largest are 12.7% of the listed stock.

The ten largest listed stocks
Stock, as listed	Fair market value	Share of assets
BEL FUSE INC CL B COM	$974,713	0.3%
PURSUIT ATTRACTIONS AND HOSPITALITY, INC	$952,989	0.3%
JOHN BEAN TECHNOLOGIES CORP COM	$903,681	0.3%
PHINIA INC COMMON STOCK	$846,588	0.3%
ARISTA NETWORKS INC COM NEW	$727,287	0.3%
ALPHABET INC CAP STK CL A	$714,040	0.3%
MILLER INDS INC TENN COM NEW	$700,332	0.2%
TRIMAS CORP COM NEW	$698,602	0.2%
PAYCHEX INC COM	$679,366	0.2%
F5 INC	$672,934	0.2%

Largest other investments (line 13), as listed

Largest other investments, line 13
VANGUARD GROWTH INDEX FUND	$38.9M	13.8%
VANGUARD DEVELOPED MARKETS INDEX FUND	$28.3M	10.1%
LLC FUND	$25.3M	9.0%
VANGUARD RUSSELL 2000 GROWTH INDEX FUND	$16.2M	5.8%
FIDELITY MID CAP INDEX FUND	$14.8M	5.3%

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? Yes
Part VI-B 3b: did it have excess business holdings? No
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 $13,588,084; recomputed $13,588,083.9; agrees within the form's whole-dollar rounding.
Excise tax	Part V line 1 against 1.39% of net investment income	agrees	Filed $191,094; recomputed $191,093.76; 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 $13,428,765; recomputed $13,428,765; agrees to the dollar.
Payout coverage	Part XI total against Part X line 7	reported	Qualifying distributions $13,391,127 against a distributable amount of $13,428,765 (1.00×).
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	190 listed holdings sum to Part II line 10b exactly; the largest is 0.3% of total assets.
The foundation's own answers	Part VI-B 2a, 3a, 3b, 4a and 4b, each answered	reported	All 5 answered; Yes to Part VI-B 3a.
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 11 November 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.	$191,093	Projected under the assumptions below
December 31, 2026	Distributable amount for the year ending 31 December 2025, to be paid out	$13,396,990	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 $10,870,467, $2,717,616 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, $271761678; the thirteen-month average is not observable from a filing.
Net investment income for that year equals this return's, $13747753.
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) 4b18fdf8332d6444… · 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 f5c0a16317d15c4f1bb10c31a669e40a3013196e5a7af84675cadb43c6e672d6 · recomputed now, matches

return Form 990-PF, IRS object 202523159349101747, schema 2024v5.2 — the file as the IRS published it hashes to ea5a3a7285ad095e…

source file 202523159349101747_public.xml inside 2025_TEOS_XML_11C.zip at irs.gov — not part of the seal; fetch it yourself with verify_proof.py f5c0a16317d1 --fetch

arithmetic kernel@2026-09-15.1 · kernel proof 825ef5fb8d8a4ce1…

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 = 281905646 USD
let mix_cash = share(1143463 USD, total_assets_fmv)
let mix_savings = share(12547033 USD, total_assets_fmv)
let mix_government = share(15843858 USD, total_assets_fmv)
let mix_stock = share(62080032 USD, total_assets_fmv)
let mix_bonds = share(18665056 USD, total_assets_fmv)
let mix_other = share(167301439 USD, total_assets_fmv)
let net_noncharitable_assets = 271761678 USD
let mir_filed = 13588084 USD
let mir_recomputed = net_noncharitable_assets * 5%
let mir_difference = mir_filed - mir_recomputed
let net_investment_income = 13747753 USD
let excise_filed = 191094 USD
let excise_recomputed = net_investment_income * 1.39%
let excise_difference = excise_filed - excise_recomputed
let distributable_filed = 13428765 USD
let distributable_recomputed = 13588084 USD - 200921 USD + 41602 USD - 0 USD
let distributable_difference = distributable_filed - distributable_recomputed
let qualifying_distributions = 13391127 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 = [974713 USD, 952989 USD, 903681 USD, 846588 USD, 727287 USD, 714040 USD, 700332 USD, 698602 USD, 679366 USD, 672934 USD, 664777 USD, 664194 USD, 660082 USD, 659421 USD, 652509 USD, 652290 USD, 649838 USD, 647374 USD, 644832 USD, 642366 USD, 642075 USD, 641719 USD, 639500 USD, 639078 USD, 637699 USD, 631325 USD, 629318 USD, 625788 USD, 616022 USD, 615930 USD, 614939 USD, 611858 USD, 607748 USD, 606727 USD, 577232 USD, 565625 USD, 541530 USD, 534488 USD, 530909 USD, 516196 USD, 508067 USD, 495765 USD, 488977 USD, 483851 USD, 483212 USD, 478303 USD, 477298 USD, 474956 USD, 472748 USD, 462916 USD, 461217 USD, 458940 USD, 450934 USD, 447647 USD, 444502 USD, 441700 USD, 439639 USD, 439601 USD, 437042 USD, 432856 USD, 429008 USD, 426989 USD, 424697 USD, 397118 USD, 393625 USD, 384508 USD, 383115 USD, 382589 USD, 373964 USD, 371919 USD, 371058 USD, 369055 USD, 368442 USD, 363477 USD, 362601 USD, 361989 USD, 357825 USD, 355275 USD, 353690 USD, 352463 USD, 348014 USD, 347563 USD, 347293 USD, 344544 USD, 343925 USD, 314992 USD, 312432 USD, 298023 USD, 295575 USD, 294913 USD, 288450 USD, 286947 USD, 286461 USD, 285861 USD, 280970 USD, 279502 USD, 279491 USD, 278456 USD, 278271 USD, 278053 USD, 277282 USD, 275909 USD, 275504 USD, 275409 USD, 273349 USD, 272140 USD, 268864 USD, 268631 USD, 267475 USD, 265776 USD, 264759 USD, 264255 USD, 263615 USD, 263298 USD, 261882 USD, 259019 USD, 254227 USD, 244886 USD, 225064 USD, 202106 USD, 198162 USD, 195210 USD, 194693 USD, 194521 USD, 189657 USD, 186822 USD, 179555 USD, 177831 USD, 123450 USD, 122962 USD, 121526 USD, 121266 USD, 121069 USD, 120475 USD, 120285 USD, 119907 USD, 119857 USD, 118155 USD, 116987 USD, 116304 USD, 116251 USD, 114881 USD, 113924 USD, 113498 USD, 113112 USD, 112179 USD, 111841 USD, 111623 USD, 110637 USD, 110071 USD, 110050 USD, 109809 USD, 109629 USD, 108973 USD, 108000 USD, 107835 USD, 107577 USD, 106809 USD, 106754 USD, 106025 USD, 105581 USD, 105580 USD, 105575 USD, 104860 USD, 104692 USD, 103943 USD, 103487 USD, 102046 USD, 101661 USD, 100074 USD, 98622 USD, 93899 USD, 93685 USD, 63553 USD, 63352 USD, 62454 USD, 62370 USD, 61460 USD, 61307 USD, 60769 USD, 58931 USD, 58536 USD, 58429 USD, 57574 USD, 56396 USD, 55666 USD, 55536 USD, 54854 USD, 54114 USD, 52169 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([974713 USD, 952989 USD, 903681 USD, 846588 USD, 727287 USD, 714040 USD, 700332 USD, 698602 USD, 679366 USD, 672934 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": "1143463",
      "line": "cash",
      "label": "Cash (line 1)",
      "share": "0.00405619048864313983977461735548"
    },
    {
      "fmv": "12547033",
      "line": "savings",
      "label": "Savings and temporary cash investments (line 2)",
      "share": "0.044507916666557292009681849366"
    },
    {
      "fmv": "15843858",
      "line": "government",
      "label": "U.S. and state government obligations (line 10a)",
      "share": "0.0562026984021455178659316387016"
    },
    {
      "fmv": "62080032",
      "line": "stock",
      "label": "Corporate stock (line 10b)",
      "share": "0.220215639100750752611744427424"
    },
    {
      "fmv": "18665056",
      "line": "bonds",
      "label": "Corporate bonds (line 10c)",
      "share": "0.0662102950573753318867547619107"
    },
    {
      "fmv": "167301439",
      "line": "other",
      "label": "Other investments (line 13)",
      "share": "0.593466081200800071950314893658"
    }
  ],
  "kind": "public-filing-990pf",
  "lens": "AXIOM",
  "build": {
    "commit": "7dd856f88a5ecf553ea48f52397c50a503af0e0d",
    "digest": "b839212b6742304a91af2ff9e04e24acdb32ac9fd48760e6b89289b532c4c45b"
  },
  "filer": {
    "ein": "203319727",
    "name": "DANVILLE REGIONAL 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": "13588084",
      "label": "Minimum investment return: 5% of net noncharitable-use assets (Part IX line 6)",
      "verdict": "rounding",
      "difference": "0.1",
      "recomputed": "13588083.9"
    },
    {
      "id": "excise_tax",
      "note": null,
      "filed": "191094",
      "label": "Excise tax: 1.39% of net investment income (Part V line 1)",
      "verdict": "rounding",
      "difference": "0.2333",
      "recomputed": "191093.7667"
    },
    {
      "id": "distributable_amount",
      "note": null,
      "filed": "13428765",
      "label": "Distributable amount: minimum investment return − taxes + recoveries − deduction (Part X line 7)",
      "verdict": "exact",
      "difference": "0",
      "recomputed": "13428765"
    }
  ],
  "engine": "kernel@2026-09-15.1",
  "source": {
    "form": "990-PF",
    "lines": {
      "netInvestmentIncome": "13747753",
      "grossInvestmentIncome": "16214778",
      "netNoncharitableAssets": "271761678",
      "undistributedCurrentYear": "0"
    },
    "period": {
      "end": "2024-12-31",
      "days": 366,
      "begin": "2024-01-01"
    },
    "amended": false,
    "foreign": {
      "organization": false,
      "meets85PctTest": false
    },
    "objectId": "202523159349101747",
    "returnTs": "2025-11-11T12:06:03-06:00",
    "operating": false,
    "sourceSha256": "ea5a3a7285ad095ef1b34937e125f9e825095f20be99dcd31742474749de3230",
    "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": "Yes",
      "question": "Part VI-B 3a: did it hold more than a 2% direct or indirect interest in any business enterprise?"
    },
    {
      "answer": "No",
      "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 = 281905646 USD\nlet mix_cash = share(1143463 USD, total_assets_fmv)\nlet mix_savings = share(12547033 USD, total_assets_fmv)\nlet mix_government = share(15843858 USD, total_assets_fmv)\nlet mix_stock = share(62080032 USD, total_assets_fmv)\nlet mix_bonds = share(18665056 USD, total_assets_fmv)\nlet mix_other = share(167301439 USD, total_assets_fmv)\nlet net_noncharitable_assets = 271761678 USD\nlet mir_filed = 13588084 USD\nlet mir_recomputed = net_noncharitable_assets * 5%\nlet mir_difference = mir_filed - mir_recomputed\nlet net_investment_income = 13747753 USD\nlet excise_filed = 191094 USD\nlet excise_recomputed = net_investment_income * 1.39%\nlet excise_difference = excise_filed - excise_recomputed\nlet distributable_filed = 13428765 USD\nlet distributable_recomputed = 13588084 USD - 200921 USD + 41602 USD - 0 USD\nlet distributable_difference = distributable_filed - distributable_recomputed\nlet qualifying_distributions = 13391127 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 = [974713 USD, 952989 USD, 903681 USD, 846588 USD, 727287 USD, 714040 USD, 700332 USD, 698602 USD, 679366 USD, 672934 USD, 664777 USD, 664194 USD, 660082 USD, 659421 USD, 652509 USD, 652290 USD, 649838 USD, 647374 USD, 644832 USD, 642366 USD, 642075 USD, 641719 USD, 639500 USD, 639078 USD, 637699 USD, 631325 USD, 629318 USD, 625788 USD, 616022 USD, 615930 USD, 614939 USD, 611858 USD, 607748 USD, 606727 USD, 577232 USD, 565625 USD, 541530 USD, 534488 USD, 530909 USD, 516196 USD, 508067 USD, 495765 USD, 488977 USD, 483851 USD, 483212 USD, 478303 USD, 477298 USD, 474956 USD, 472748 USD, 462916 USD, 461217 USD, 458940 USD, 450934 USD, 447647 USD, 444502 USD, 441700 USD, 439639 USD, 439601 USD, 437042 USD, 432856 USD, 429008 USD, 426989 USD, 424697 USD, 397118 USD, 393625 USD, 384508 USD, 383115 USD, 382589 USD, 373964 USD, 371919 USD, 371058 USD, 369055 USD, 368442 USD, 363477 USD, 362601 USD, 361989 USD, 357825 USD, 355275 USD, 353690 USD, 352463 USD, 348014 USD, 347563 USD, 347293 USD, 344544 USD, 343925 USD, 314992 USD, 312432 USD, 298023 USD, 295575 USD, 294913 USD, 288450 USD, 286947 USD, 286461 USD, 285861 USD, 280970 USD, 279502 USD, 279491 USD, 278456 USD, 278271 USD, 278053 USD, 277282 USD, 275909 USD, 275504 USD, 275409 USD, 273349 USD, 272140 USD, 268864 USD, 268631 USD, 267475 USD, 265776 USD, 264759 USD, 264255 USD, 263615 USD, 263298 USD, 261882 USD, 259019 USD, 254227 USD, 244886 USD, 225064 USD, 202106 USD, 198162 USD, 195210 USD, 194693 USD, 194521 USD, 189657 USD, 186822 USD, 179555 USD, 177831 USD, 123450 USD, 122962 USD, 121526 USD, 121266 USD, 121069 USD, 120475 USD, 120285 USD, 119907 USD, 119857 USD, 118155 USD, 116987 USD, 116304 USD, 116251 USD, 114881 USD, 113924 USD, 113498 USD, 113112 USD, 112179 USD, 111841 USD, 111623 USD, 110637 USD, 110071 USD, 110050 USD, 109809 USD, 109629 USD, 108973 USD, 108000 USD, 107835 USD, 107577 USD, 106809 USD, 106754 USD, 106025 USD, 105581 USD, 105580 USD, 105575 USD, 104860 USD, 104692 USD, 103943 USD, 103487 USD, 102046 USD, 101661 USD, 100074 USD, 98622 USD, 93899 USD, 93685 USD, 63553 USD, 63352 USD, 62454 USD, 62370 USD, 61460 USD, 61307 USD, 60769 USD, 58931 USD, 58536 USD, 58429 USD, 57574 USD, 56396 USD, 55666 USD, 55536 USD, 54854 USD, 54114 USD, 52169 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([974713 USD, 952989 USD, 903681 USD, 846588 USD, 727287 USD, 714040 USD, 700332 USD, 698602 USD, 679366 USD, 672934 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": "0.00405619048864313983977461735548",
    "mir_filed": "13588084 USD",
    "mix_bonds": "0.0662102950573753318867547619107",
    "mix_other": "0.593466081200800071950314893658",
    "mix_stock": "0.220215639100750752611744427424",
    "mix_savings": "0.044507916666557292009681849366",
    "payout_rate": "0.0492752587434347531516198542165",
    "stock_count": "190",
    "excise_filed": "191094 USD",
    "largest_stock": "974713 USD",
    "mir_difference": "0.1 USD",
    "mir_recomputed": "13588083.9 USD",
    "mix_government": "0.0562026984021455178659316387016",
    "payout_coverage": "0.997197210614676777797511535871",
    "total_assets_fmv": "281905646 USD",
    "excise_difference": "0.2333 USD",
    "excise_recomputed": "191093.7667 USD",
    "distributable_filed": "13428765 USD",
    "stock_concentration": "0.00757392622613874429547401286442",
    "top10_share_of_stock": "0.126780411453396158043217503496",
    "net_investment_income": "13747753 USD",
    "distributable_difference": "0 USD",
    "distributable_recomputed": "13428765 USD",
    "effective_stock_holdings": "132.031917151351630378918940701",
    "net_noncharitable_assets": "271761678 USD",
    "qualifying_distributions": "13391127 USD",
    "undistributed_to_next_year": "0 USD",
    "largest_stock_share_of_assets": "0.00345758594703704515375332354997",
    "largest_stock_halved_share_of_assets": "0.00172879297351852257687666177498"
  },
  "version": 2,
  "holdings": {
    "tie": "exact",
    "top": [
      {
        "fmv": "974713",
        "name": "BEL FUSE INC CL B COM",
        "shareOfAssets": "0.00345758594703704515375332354997"
      },
      {
        "fmv": "952989",
        "name": "PURSUIT ATTRACTIONS AND HOSPITALITY, INC",
        "shareOfAssets": "0.0033805247022260774443659067403"
      },
      {
        "fmv": "903681",
        "name": "JOHN BEAN TECHNOLOGIES CORP COM",
        "shareOfAssets": "0.00320561511563340593753131145163"
      },
      {
        "fmv": "846588",
        "name": "PHINIA INC COMMON STOCK",
        "shareOfAssets": "0.00300308990618797326251493380874"
      },
      {
        "fmv": "727287",
        "name": "ARISTA NETWORKS INC COM NEW",
        "shareOfAssets": "0.00257989511852486984244366641738"
      },
      {
        "fmv": "714040",
        "name": "ALPHABET INC CAP STK CL A",
        "shareOfAssets": "0.0025329042185980198495208570601"
      },
      {
        "fmv": "700332",
        "name": "MILLER INDS INC TENN COM NEW",
        "shareOfAssets": "0.00248427801974565631792986508685"
      },
      {
        "fmv": "698602",
        "name": "TRIMAS CORP COM NEW",
        "shareOfAssets": "0.00247814121466726494722280234146"
      },
      {
        "fmv": "679366",
        "name": "PAYCHEX INC COM",
        "shareOfAssets": "0.00240990561785342887385802837024"
      },
      {
        "fmv": "672934",
        "name": "F5 INC",
        "shareOfAssets": "0.00238708947319203390484772341168"
      }
    ],
    "count": 190,
    "schedule": "Corporate stock (line 10b)"
  },
  "refusals": [],
  "blankLines": [],
  "kernelProof": "825ef5fb8d8a4ce1860ce3a181f26a4611e4bdb3e30caad73c22f9a2cd9a1faa",
  "otherInvestments": [
    {
      "fmv": "38863243",
      "name": "VANGUARD GROWTH INDEX FUND",
      "shareOfAssets": "0.137859044511651958896914040523"
    },
    {
      "fmv": "28342378",
      "name": "VANGUARD DEVELOPED MARKETS INDEX FUND",
      "shareOfAssets": "0.100538525574617260414855259763"
    },
    {
      "fmv": "25300000",
      "name": "LLC FUND",
      "shareOfAssets": "0.0897463401637581958894147157308"
    },
    {
      "fmv": "16234442",
      "name": "VANGUARD RUSSELL 2000 GROWTH INDEX FUND",
      "shareOfAssets": "0.0575882116245376653435312891889"
    },
    {
      "fmv": "14822114",
      "name": "FIDELITY MID CAP INDEX FUND",
      "shareOfAssets": "0.0525782800391305394429737671873"
    }
  ]
}

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.