DUDLEY TAFT CHARITABLE FOUNDATION CO FIFTH
EIN 31-1532283, 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 DUDLEY TAFT CHARITABLE FDN. 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 11, 2026.
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.
the distributable amount (Part XI ÷ Part X)
undistributed income, Part XII: nothing carried into the next year
of net noncharitable-use assets; the legal test is the distributable amount, not this rate
end of the tax year, Part II
LILLY (ELI) & CO
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
This page’s own short link: paretoalphasystems.com/p/fab8993f107b — 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) | $522,338 | $522,337.75 | recomputes, within the form's whole-dollar rounding (difference $0.25) |
| Excise tax: 1.39% of net investment income (Part V line 1) | $103,437 | $103,437.1558 | recomputes, within the form's whole-dollar rounding (difference −$0.1558) |
| Distributable amount: minimum investment return − taxes + recoveries − deduction (Part X line 7) | $418,901 | $418,901 | recomputes exactly |
Where the assets sit, at fair market value
| Part II line | Fair market value | Share of assets |
|---|---|---|
| Cash (line 1) | $1 | <0.1% |
| Savings and temporary cash investments (line 2) | $349,688 | 1.5% |
| Corporate stock (line 10b) | $22.2M | 98.5% |
The ten largest listed stocks, of 49 on the schedule
The schedule ties to Part II line 10b exactly. It behaves like 35.2 equal holdings; the ten largest are 41.4% of the listed stock.
| Stock, as listed | Fair market value | Share of assets |
|---|---|---|
| LILLY (ELI) & CO | $1.3M | 5.7% |
| JOHNSON & JOHNSON | $1.2M | 5.3% |
| BROADCOM INC | $1.1M | 5.1% |
| ABBVIE INC | $1.1M | 4.7% |
| MICROSOFT CORP | $1M | 4.5% |
| TRAVELERS COS INC/THE | $811,878 | 3.6% |
| JPMORGAN CHASE & CO | $729,828 | 3.2% |
| WILLIAMS COS INC | $666,981 | 3.0% |
| PROCTER & GAMBLE CO | $663,095 | 2.9% |
| NEXTERA ENERGY INC | $631,723 | 2.8% |
What the foundation answered on the form
- Part VI-B 4a: did the foundation invest during the year in a manner that would jeopardize its charitable purposes? No
- Part VI-B 4b: did it make any investment in a prior year that could jeopardize its charitable purpose and that had not been removed from jeopardy? No
- Part VI-B 3a: did it hold more than a 2% direct or indirect interest in any business enterprise? No
- Part VI-B 3b: did it have excess business holdings? Not answered (3a is “No”, so the form does not ask 3b. Our note; not part of the seal.)
- Part VI-B 2a: did it have undistributed income for prior years? No
Quoted as filed. These are the foundation’s own answers; this page does not test them.
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 $522,338; recomputed $522,337.75; agrees within the form's whole-dollar rounding. |
| Excise tax | Part V line 1 against 1.39% of net investment income | agrees | Filed $103,437; recomputed $103,437.15; 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 $418,901; recomputed $418,901; agrees to the dollar. |
| Payout coverage | Part XI total against Part X line 7 | reported | Qualifying distributions $722,955 against a distributable amount of $418,901 (1.73×). |
| 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 | 49 listed holdings sum to Part II line 10b exactly; the largest is 5.7% 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 11 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.
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) | $103,437 | Projected under the assumptions below |
| December 31, 2027 | Distributable amount for the year ending 31 December 2026, to be paid out | $418,900 | 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 $417,870, $104,467 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, $10446755; the thirteen-month average is not observable from a filing.
- Net investment income for that year equals this return's, $7441522.
- 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)
61c5d01e2ab64bb1…· 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.
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
fab8993f107b8d64f034a7fd7bcb202b1e66f6248f7df2ab8025b94b981ad7aa · recomputed now, matches202611319349104296, schema 2025v4.0 — the file as the IRS published it hashes to a4961fa7712eac20…202611319349104296_public.xml inside 2026_TEOS_XML_05A.zip at irs.gov — not part of the seal; fetch it yourself with verify_proof.py fab8993f107b --fetchkernel@2026-09-15.1 · kernel proof 0c0d7c70c58c2a8d…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 = 22563721 USD let mix_cash = share(1 USD, total_assets_fmv) let mix_savings = share(349688 USD, total_assets_fmv) let mix_stock = share(22214032 USD, total_assets_fmv) let net_noncharitable_assets = 10446755 USD let mir_filed = 522338 USD let mir_recomputed = net_noncharitable_assets * 5% let mir_difference = mir_filed - mir_recomputed let net_investment_income = 7441522 USD let excise_filed = 103437 USD let excise_recomputed = net_investment_income * 1.39% let excise_difference = excise_filed - excise_recomputed let distributable_filed = 418901 USD let distributable_recomputed = 522338 USD - 103437 USD + 0 USD - 0 USD let distributable_difference = distributable_filed - distributable_recomputed let qualifying_distributions = 722955 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 = [1285317 USD, 1196999 USD, 1148014 USD, 1050597 USD, 1013184 USD, 811878 USD, 729828 USD, 666981 USD, 663095 USD, 631723 USD, 607592 USD, 574258 USD, 531504 USD, 489998 USD, 489693 USD, 471372 USD, 464633 USD, 461561 USD, 426230 USD, 416798 USD, 414792 USD, 412605 USD, 408648 USD, 398707 USD, 397829 USD, 386341 USD, 381937 USD, 381060 USD, 353373 USD, 352595 USD, 346265 USD, 311725 USD, 307521 USD, 290546 USD, 290261 USD, 287742 USD, 270846 USD, 256152 USD, 241538 USD, 239867 USD, 209639 USD, 170771 USD, 169712 USD, 153503 USD, 147351 USD, 139251 USD, 135669 USD, 115978 USD, 110553 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([1285317 USD, 1196999 USD, 1148014 USD, 1050597 USD, 1013184 USD, 811878 USD, 729828 USD, 666981 USD, 663095 USD, 631723 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": "1",
"line": "cash",
"label": "Cash (line 1)",
"share": "0.0000000443189312613819325278840311844"
},
{
"fmv": "349688",
"line": "savings",
"label": "Savings and temporary cash investments (line 2)",
"share": "0.0154977984349301252218107110968"
},
{
"fmv": "22214032",
"line": "stock",
"label": "Corporate stock (line 10b)",
"share": "0.984502157246138613396256761019"
}
],
"kind": "public-filing-990pf",
"lens": "AXIOM",
"build": {
"commit": "7dd856f88a5ecf553ea48f52397c50a503af0e0d",
"digest": "b839212b6742304a91af2ff9e04e24acdb32ac9fd48760e6b89289b532c4c45b"
},
"filer": {
"ein": "311532283",
"name": "DUDLEY TAFT CHARITABLE FOUNDATION CO FIFTH"
},
"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": "522338",
"label": "Minimum investment return: 5% of net noncharitable-use assets (Part IX line 6)",
"verdict": "rounding",
"difference": "0.25",
"recomputed": "522337.75"
},
{
"id": "excise_tax",
"note": null,
"filed": "103437",
"label": "Excise tax: 1.39% of net investment income (Part V line 1)",
"verdict": "rounding",
"difference": "-0.1558",
"recomputed": "103437.1558"
},
{
"id": "distributable_amount",
"note": null,
"filed": "418901",
"label": "Distributable amount: minimum investment return − taxes + recoveries − deduction (Part X line 7)",
"verdict": "exact",
"difference": "0",
"recomputed": "418901"
}
],
"engine": "kernel@2026-09-15.1",
"source": {
"form": "990-PF",
"lines": {
"netInvestmentIncome": "7441522",
"grossInvestmentIncome": "7538187",
"netNoncharitableAssets": "10446755",
"undistributedCurrentYear": "0"
},
"period": {
"end": "2025-12-31",
"days": 365,
"begin": "2025-01-01"
},
"amended": false,
"foreign": {
"organization": false,
"meets85PctTest": false
},
"objectId": "202611319349104296",
"returnTs": "2026-05-11T18:01:07-04:00",
"operating": false,
"sourceSha256": "a4961fa7712eac209af7092a053e5d4aa5b9ca81685fd2534c65e40b05db0295",
"returnVersion": "2025v4.0",
"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 = 22563721 USD\nlet mix_cash = share(1 USD, total_assets_fmv)\nlet mix_savings = share(349688 USD, total_assets_fmv)\nlet mix_stock = share(22214032 USD, total_assets_fmv)\nlet net_noncharitable_assets = 10446755 USD\nlet mir_filed = 522338 USD\nlet mir_recomputed = net_noncharitable_assets * 5%\nlet mir_difference = mir_filed - mir_recomputed\nlet net_investment_income = 7441522 USD\nlet excise_filed = 103437 USD\nlet excise_recomputed = net_investment_income * 1.39%\nlet excise_difference = excise_filed - excise_recomputed\nlet distributable_filed = 418901 USD\nlet distributable_recomputed = 522338 USD - 103437 USD + 0 USD - 0 USD\nlet distributable_difference = distributable_filed - distributable_recomputed\nlet qualifying_distributions = 722955 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 = [1285317 USD, 1196999 USD, 1148014 USD, 1050597 USD, 1013184 USD, 811878 USD, 729828 USD, 666981 USD, 663095 USD, 631723 USD, 607592 USD, 574258 USD, 531504 USD, 489998 USD, 489693 USD, 471372 USD, 464633 USD, 461561 USD, 426230 USD, 416798 USD, 414792 USD, 412605 USD, 408648 USD, 398707 USD, 397829 USD, 386341 USD, 381937 USD, 381060 USD, 353373 USD, 352595 USD, 346265 USD, 311725 USD, 307521 USD, 290546 USD, 290261 USD, 287742 USD, 270846 USD, 256152 USD, 241538 USD, 239867 USD, 209639 USD, 170771 USD, 169712 USD, 153503 USD, 147351 USD, 139251 USD, 135669 USD, 115978 USD, 110553 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([1285317 USD, 1196999 USD, 1148014 USD, 1050597 USD, 1013184 USD, 811878 USD, 729828 USD, 666981 USD, 663095 USD, 631723 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": "0.0000000443189312613819325278840311844",
"mir_filed": "522338 USD",
"mix_stock": "0.984502157246138613396256761019",
"mix_savings": "0.0154977984349301252218107110968",
"payout_rate": "0.0692037862474998217149727355528",
"stock_count": "49",
"excise_filed": "103437 USD",
"largest_stock": "1285317 USD",
"mir_difference": "0.25 USD",
"mir_recomputed": "522337.75 USD",
"payout_coverage": "1.72583736968878088140157220919",
"total_assets_fmv": "22563721 USD",
"excise_difference": "-0.1558 USD",
"excise_recomputed": "103437.1558 USD",
"distributable_filed": "418901 USD",
"stock_concentration": "0.0284135049211319536828880218566",
"top10_share_of_stock": "0.414045320543339453188867288928",
"net_investment_income": "7441522 USD",
"distributable_difference": "0 USD",
"distributable_recomputed": "418901 USD",
"effective_stock_holdings": "35.1945317121461768684507950376",
"net_noncharitable_assets": "10446755 USD",
"qualifying_distributions": "722955 USD",
"undistributed_to_next_year": "0 USD",
"largest_stock_share_of_assets": "0.0569638757720856413709423193098",
"largest_stock_halved_share_of_assets": "0.0284819378860428206854711596549"
},
"version": 2,
"holdings": {
"tie": "exact",
"top": [
{
"fmv": "1285317",
"name": "LILLY (ELI) & CO",
"shareOfAssets": "0.0569638757720856413709423193098"
},
{
"fmv": "1196999",
"name": "JOHNSON & JOHNSON",
"shareOfAssets": "0.0530497164009429118539446574437"
},
{
"fmv": "1148014",
"name": "BROADCOM INC",
"shareOfAssets": "0.0508787535531041178890662581761"
},
{
"fmv": "1050597",
"name": "ABBVIE INC",
"shareOfAssets": "0.0465613362264140741679973795102"
},
{
"fmv": "1013184",
"name": "MICROSOFT CORP",
"shareOfAssets": "0.0449032320511319919263316542515"
},
{
"fmv": "811878",
"name": "TRAVELERS COS INC/THE",
"shareOfAssets": "0.0359815652746282406168734314699"
},
{
"fmv": "729828",
"name": "JPMORGAN CHASE & CO",
"shareOfAssets": "0.0323451969646318530529605467112"
},
{
"fmv": "666981",
"name": "WILLIAMS COS INC",
"shareOfAssets": "0.0295598850916477827393806190034"
},
{
"fmv": "663095",
"name": "PROCTER & GAMBLE CO",
"shareOfAssets": "0.0293876617247660525495772616582"
},
{
"fmv": "631723",
"name": "NEXTERA ENERGY INC",
"shareOfAssets": "0.0279972882132339785623124838319"
}
],
"count": 49,
"schedule": "Corporate stock (line 10b)"
},
"refusals": [],
"blankLines": [],
"kernelProof": "0c0d7c70c58c2a8d0883f9222ecc5af3b3062ee4a45b3db4bf7b6864c528479f",
"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.