2026-04-06T20:03:21-05:00 2025-12-31 911194016 CLARK NUBER PS 555 110TH AVE NE SUITE 700 BELLEVUE WA 98004 990PF 2025-01-01 911644205 RAYNIER INSTITUTE & FOUNDATION RAYN 8008391754 501 SILVERSIDE ROAD 123 WILMINGTON DE 198091377 EDWARD GARDNER VICE PRESIDENT/SECRETARY 8008391754 2026-03-31 1 JENNIFER BECKER HARRIS P00183358 4254544919 2026-03-31 2025 2025-03-06 01:10:19Z X 110934423 X X 362385 362385 1884891 1884891 5046229 22824801 5046229 7293505 7293505 0 0 0 59759 2988 56771 5891 295 5596 2645 0 2645 31238 6248 24990 278862 223288 55574 133582 912 0 5382 0 5382 11097 25 11072 528456 233756 162030 4685000 4685000 5213456 233756 4847030 2080049 7059749 10280172 10528747 10528747 -10423 11507 10423 10423 10824527 11940172 11815622 38849425 38753586 75217134 4547510 5475196 5506741 5608680 5493746 7855756 70121821 72201870 110934423 0 0 X 70121821 72201870 70121821 72201870 70121821 72201870 70121821 2080049 0 72201870 0 72201870 CLASS ACTION SETTLEMENT P 5552 5552 5552 PUBLICLY TRADED SECURITIES 22819249 17778572 5040677 5040677 5046229 98131 0 98131 0 98131 78500 0 0 0 78500 X 0 19631 0 0 0 0 0 0 0 0 0 0 1 1 WA CO 1 0 0 0 0 1 WWW.RAYNIER.ORG FOUNDATION SOURCE 8008391754 501 SILVERSIDE ROAD SUITE 123 WILMINGTON DE 19809 1 CJ 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 MICHAEL VALUCCI 501 SILVERSIDE ROAD SUITE 123 WILMINGTON DE 19809 PRESIDENT/DIRECTOR 1.00 0 0 0 EDWARD GARDNER 501 SILVERSIDE ROAD SUITE 123 WILMINGTON DE 19809 TREASURER/DIRECTOR 1.00 0 0 0 ROBERT WARTH 501 SILVERSIDE ROAD SUITE 123 WILMINGTON DE 19809 VICE PRESIDENT/SECRETARY/DIRECTOR 1.00 0 0 0 NONE 0 PNC BANK 1600 MARKET STREET PHILADELPHIA PA 19103 INVESTMENT MANAGEMENT 223288 FOUNDATION SOURCE 55 WALLS DRIVE FAIRFIELD CT 06824 ADMINISTRATIVE SERVICES 54688 0 0 89394600 9188115 7826521 106409236 0 0 106409236 1596139 104813097 5240655 5240655 98131 98131 5142524 0 5142524 0 5142524 4847030 0 4847030 5142524 4718636 0 0 4847030 4718636 0 0 128394 0 0 0 0 0 0 0 0 5014130 0 0 0 X ACHIEVEABILITY 5901 MARKET ST STE 410 PHILADELPHIA PA 19139 PC GENERAL & UNRESTRICTED 10000 AMERICA HEART ASSOCIATION 1617 JFK BLVD PHILADELPHIA PA 19103 PC GENERAL & UNRESTRICTED 10000 ANCILLAE-ASSUMPTA ACADEMY 2025 CHURCH RD WYNCOTE PA 19095 PC RESOURCE LEARNING FUND 100000 ANGEL FLIGHT EAST 1501 NARCISSA RD BLUE BELL PA 19422 PC GENERAL & UNRESTRICTED 2500 AS-YOU-LIKE-IT-LIBRARY 2220 NW MARKET ST L-05 SEATTLE WA 98107 PC GENERAL & UNRESTRICTED 5000 B INSPIRED PHILADELPHIA INC 12 W WILLOW GROVE AVE PHILADELPHIA PA 19118 PC GENERAL & UNRESTRICTED 10000 BECKET FUND 1919 PENNSYLVANIA AVE NW STE 400 WASHINGTON DC 20006 PC GENERAL & UNRESTRICTED 10000 BELLAS VOICE 17633 HWY 99 LYNNWOOD WA 98037 PC GENERAL & UNRESTRICTED 5000 BELLEVUE COMMUNITY COLLEGE FOUNDATION 3000 LANDERHOLM CIR SE A101 BELLEVUE WA 98007 PC KBCS STATION RELOCATION AND IMPROVEMENT 150000 BLACKPAST ORG 4616 25TH AVE NE BOX 222 SEATTLE WA 98105 PC GENERAL & UNRESTRICTED 10000 BRAIDED RIVER 1001 SW KLICKITAT WAY STE 201 SEATTLE WA 98134 PC GENERAL & UNRESTRICTED 10000 BURY THE CHILDREN 3252 CHESTERFIELD RD PHILADELPHIA PA 19114 PC GENERAL & UNRESTRICTED 25000 BYERSCHOOL FOUNDATION 1911 ARCH ST PHILADELPHIA PA 19103 PC LAURADA FUND 50000 CANOPY CAT RESCUE PO BOX 563 WOODINVILLE WA 98072 PC GENERAL & UNRESTRICTED 5000 CHARITIES AID FOUNDATION AMERICA 225 REINEKERS LN STE 375 ALEXANDRIA VA 22314 PC CONSERVE OUR RESOURCES 10000 CINEREACH LTD 240 KENT AVE BROOKLYN NY 11249 PF BLOCK PARTY PROJECT 100000 CITY OF LIGHT PERFORMING ARTS PO BOX 30796 SEATTLE WA 98113 PC GENERAL & UNRESTRICTED 10000 COMPASS HOUSING ALLIANCE 220 DEXTER AVE N SEATTLE WA 98109 PC GENERAL & UNRESTRICTED 100000 DOBERMAN RESCUE PACK ORG 13615 42ND AVE SE MILL CREEK WA 98012 PC GENERAL & UNRESTRICTED 10000 EARSHOT JAZZ SOCIETY OF SEATTLE 3417 FREMONT AVE N STE 221 SEATTLE WA 98103 PC GENERAL & UNRESTRICTED 50000 ELUNA 1617 JOHN F KENNEDY BLVD STE 935 PHILADELPHIA PA 19103 PC GENERAL & UNRESTRICTED 200000 FACE TO FACE 123 E PRICE ST PHILADELPHIA PA 19144 PC SOCIAL, LEGAL, HOUSING: INTEGRATED SUPPORTS 66500 FOUNDING FORWARD 1601 VALLEY FORGE VALLEY FORGE PA 19481 PC GENERAL & UNRESTRICTED 250000 FRIENDS OF LITTLE SAIGON SEATTLE FLS-S 1227 S WELLER ST STE A SEATTLE WA 98144 PC GENERAL & UNRESTRICTED 10000 FRIENDS OF THE WISSAHICKON INC 40 W EVERGREEN AVE SUITE 10 PHILADELPHIA PA 19118 PC VALLEY GREEN RUN RESTORATION AND PEDESTRIAN BRIDGE 200000 GAUDEAMUS PO BOX 8 BLUE BELL PA 19422 PC GENERAL & UNRESTRICTED 20000 GEORGETOWN COMMUNITY DEVELOPMENT AUTHORITY 6555 5TH AVE S SEATTLE WA 98108 PC GENERAL & UNRESTRICTED 150000 GERMANTOWN FRIENDS SCHOOL 31 W COULTER ST PHILADELPHIA PA 19144 PC 'PICTURE THIS' COMPREHENSIVE CAMPAIGN - ALL SCHOOL COMMONS CAPITAL PROJECT 250000 GRAND TACOMA CINE CLUB 606 FAWCETT AVE TACOMA WA 98402 PC GENERAL & UNRESTRICTED 100000 HANDMAIDS OF THE SACRED HEART OF JESUS 2025 CHURCH RD WYNCOTE PA 19095 PC GENERAL & UNRESTRICTED 2500 HARMONY HILL OF UNION 7362 EAST STATE STE 106 UNION WA 98592 PC GENERAL & UNRESTRICTED 5000 HOMEWORKS TRENTON INC 174 NASSAU ST BOX 196 PRINCETON NJ 08542 PC GENERAL & UNRESTRICTED 10000 INSTITUTE FOR CANCER RESEARCH 333 COTTMAN AVE PHILADELPHIA PA 19111 PC PATIENT SUPPORT AND HEALTH EQUITY 75000 IRONWOOD THEATRE INC 109 E AURORA ST IRONWOOD MI 49938 PC GENERAL & UNRESTRICTED 5000 KIRKLAND PERFORMANCE CENTER 350 KIRKLAND AVE KIRKLAND WA 98033 PC KPC CAPITAL CAMPAIGN 150000 LAKE CITY PARTNERS ENDING HOMELESSNESS 16357 AURORA AVE N SHORELINE WA 98133 PC GENERAL & UNRESTRICTED 10000 LIFETIME ADVOCACY PLUS 19203 36TH AVE W STE 101 LYNNWOOD WA 98036 PC GENERAL & UNRESTRICTED 5000 MALTZ JUPITER THEATRE INC 1001 E INDIANTOWN RD JUPITER FL 33477 PC GENERAL & UNRESTRICTED 10000 MOUNTAINFILM LTD 01-01-94 122 S OAK ST TELLURIDE CO 81435 PC GENERAL & UNRESTRICTED 5000 MUSIC4LIFE PO BOX 17728 SEATTLE WA 98127 PC GENERAL & UNRESTRICTED 5000 NORTHWEST FILM FORUM 1515 12TH AVE SEATTLE WA 98122 PC GENERAL & UNRESTRICTED 5000 NORTHWEST FILM FORUM 1515 12TH AVE SEATTLE WA 98122 PC GENERAL & UNRESTRICTED 5000 NORTHWEST FOLKLIFE 305 HARRISON ST SEATTLE WA 98109 PC 55TH ANNUAL NORTHWEST FOLKLIFE FESTIVAL 100000 OUR LADY OF GUADALUPE CATHOLIC CHURCH 5194 COLD SPRING CREAMERY RD DOYLESTOWN PA 18902 PC PARKING LOT SECURITY 25000 PACE CENTER FOR GIRLS INC 6745 PHILIPS INDUSTRIAL BLVD JACKSONVILLE FL 32256 PC GENERAL & UNRESTRICTED 10000 PENNSYLVANIA INNOCENCE PROJECT 1515 MARKET ST STE 300 PHILADELPHIA PA 19102 PC GENERAL & UNRESTRICTED 20000 PENNSYLVANIA SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS 350 E ERIE AVE PHILADELPHIA PA 19134 PC GENERAL & UNRESTRICTED 10000 PHFFFT COMPANY INC 5609 34TH AVE SW SEATTLE WA 98126 PC SEATTLE INTERNATIONAL DANCE FESTIVAL FOR THE JAMES RAY RESIDENCY AND TOURING PROGRAM AND VENUE ACQUISITION AT 1710 BROADWAY 280000 PHILADELPHIA ORCHESTRA ASSOCIATION 1 S BROAD ST 14TH FL PHILADELPHIA PA 19107 PC GENERAL & UNRESTRICTED 25000 PROVIDENCE GENERAL FOUNDATION PO BOX 1067 EVERETT WA 98206 PC FOR THE PARTIAL HOSPITALIZATION & INTENSIVE OUTPATIENT BEHAVIORAL HEALTH PROGRAM 200000 PSA PROJECT INC PO BOX 1827 TELLURIDE CO 81435 PC GENERAL & UNRESTRICTED 5000 PSA PROJECT INC PO BOX 1827 TELLURIDE CO 81435 PC GENERAL & UNRESTRICTED 10000 ROAD2HOME 1399 WOBURN ST BELLINGHAM WA 98229 PC GENERAL & UNRESTRICTED 10000 ROMAN CATHOLIC HIGH SCHOOL FOR BOYS 301 N BROAD ST PHILADELPHIA PA 19107 PC GENERAL & UNRESTRICTED 10000 SAINT CHARLES BORROMEO SEMINARY 1400 EVANS RD AMBLER PA 19002 PC FOR THE ENDOWMENT FUND TO SUPPORT ORGANIZATIONAL SUSTAINABILITY AND ENSURE SUPPORT FOR FUTURE STUDENTS 250000 SAINT GENEVIEVE SCHOOL 1237 BETHLEHEM PIKE FLOURTOWN PA 19031 PC GENERAL & UNRESTRICTED 10000 SAN JUAN ISLANDS NEW ECONOMY FUND PO BOX 3053 FRIDAY HARBOR WA 98250 PC HEALTHCARE CAREER PATHWAYS PROGRAM 50000 SIFF 305 HARRISON ST SEATTLE WA 98109 PC GENERAL & UNRESTRICTED 150000 SOUTH HUDSON MUSIC PROJECT 3603 38TH AVE S SEATTLE WA 98144 PC GENERAL & UNRESTRICTED 70000 SPRINGSIDE CHESTNUT HILL ACADEMY 500 W WILLOW GROVE AVE PHILADELPHIA PA 19118 PC CAMPAIGN FOR THE COMMONS 100000 ST FRANCIS HOUSE PO BOX 22444 SEATTLE WA 98122 PC GENERAL & UNRESTRICTED 10000 TELLURIDE AVALANCHE DOGS PO BOX 1398 TELLURIDE CO 81435 PC TO BE USED AS NEEDED FOR MEDICAL AND/OR TRAINING EXPENSES 2500 TELLURIDE INSTITUTE INC PO BOX 1770 TELLURIDE CO 81435 PC IN SUPPORT OF THE TELLURIDE MUSHROOM FESTIVAL 5000 TELLURIDE SKI AND SNOWBOARD CLUB INC PO BOX 2824 TELLURIDE CO 81435 PC $5,000 TO BE USED FOR THE SKI SAFETY VIDEO PROGRAM AND $2,500 FOR THE SCHOLARSHIP FUND 7500 TELLURIDE SOCIETY FOR JAZZ PO BOX 2132 TELLURIDE CO 81435 PC IN SUPPORT OF THE SOCIETY STAGE IN ELKS PARK AT THE 2025 TELLURIDE JAZZ FESTIVAL 2500 TELLURIDE SOCIETY FOR JAZZ PO BOX 2132 TELLURIDE CO 81435 PC CHARITABLE EVENT 2500 TELLURIDE SOCIETY FOR JAZZ PO BOX 2132 TELLURIDE CO 81435 PC CHARITABLE EVENT 8500 THE CATHOLIC FOUNDATION OF GREATER PHILADELPHIA 2133 ARCH ST STE 400 PHILADELPHIA PA 19103 PC GENERAL & UNRESTRICTED 10000 THE CHILDRENS HOSPITAL OF PHILADELPHIA FOUNDATION PO BOX 781352 PHILADELPHIA PA 19178 PC D3B PEDIATRIC BRAIN TUMOR RESEARCH 20000 THE RHAPSODY PROJECT 12817 SE 186TH PL RENTON WA 98058 PC GENERAL & UNRESTRICTED 150000 THE VERA PROJECT 305 HARRISON ST SEATTLE WA 98109 PC THE GOODBYE LOOK 10000 THIRD STONE PO BOX 9757 SEATTLE WA 98109 PC BUMBERSHOOT ARTS AND MUSIC FESTIVAL 150000 TIETON ARTS AND HUMANITIES PO BOX 171 TIETON WA 98947 PC GENERAL & UNRESTRICTED 10000 TODAY IS A GOOD DAY 1511 BETHLEHEM PIKE FLOURTOWN PA 19031 PC GENERAL & UNRESTRICTED 5000 TRICOUNTY COMMUNITY NETWORK INC 13 ARMAND HAMMER BLVD STE 102 POTTSTOWN PA 19464 PC RESILIENT STUDENTS NETWORK 100000 TRUSTEES OF THE LAWRENCEVILLE SCHOOL 2500 MAIN ST LAWRENCEVILLE NJ 08648 PC GENERAL & UNRESTRICTED 10000 TRUSTEES OF THE UNIVERISTY OF PENNSYLVANIA 100 E NORTHWESTERN AVE PHILAELPHIA PA 19118 PC CAPITAL PROJECTS FUND 150000 TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA 3535 MARKET ST SUITE 750 PHILADELPHIA PA 19104 PC PREVENTING RECURRENCE OF HORMONES-RECEPTOR POSITIVE BREAST CANCER PROJECT 200000 TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA STE 1400 STEINBERG HALL - DIETRICH HALL 3620 L PHILADELPHIA PA 19104 PC PENN FUND 10000 TUNE IN TO NATURE ORG PO BOX 99456 SEATTLE WA 98139 PC GENERAL & UNRESTRICTED 100000 WESTERN JAZZ PRESENTERS NETWORK PO BOX 13673 LA JOLLA CA 92039 PC TO SUPPORT PROGRAMMING AND BOLSTER ADMINISTRATIVE INFRASTRUCTURE 50000 WILLPOWER FOUNDATION 7909 SAINT MARTINS LN PHILADELPHIA PA 19118 PC GENERAL & UNRESTRICTED 10000 YELEEN PRODUCTION ORG 13755 INTERURBAN AVE S TUKWILA WA 98168 PC GENERAL & UNRESTRICTED 5000 YOUR AGENCY INCORPORATED 27 N 3RD ST PHILADELPHIA PA 19106 PC GENERAL & UNRESTRICTED 100000 4685000 0 14 362385 14 1884891 18 5046229 0 7293505 0 7293505 0 0 0 0 0 0 0 0 0 0 ACCOUNTING 31238 6248 24990 FORM 990-PF, PART VI-B, LINE 1A(3) & (4) RAYNIER INSTITUTE AND FOUNDATION REIMBURSED MEETING EXPENSES OF EDWARD GARDNER, TREASURER/DIRECTOR AND MICHAEL VALUCCI, PRESIDENT/DIRECTOR. THE AMOUNTS REIMBURSED WERE SUBSTANTIATED AND REASONABLE. AS SUCH, THE REIMBURSEMENTS ARE NOT CONSIDERED ACTS OF SELF-DEALING UNDER IRC SECTION 4941(D)(2)(E). ALLSTATE CORP NOTE - 1.450% - 12/15/2030 (020002BJ9) 39125 43645 AMAZON INC - 2.100% - 05/12/2031 (023135BZ8) 48713 45222 AMERICAN EXPRESS CO - 5.020% - 04/25/2031 (025816EF2) 70073 72198 AMERICAN HONDA FIN CORP MTN - 4.500% - 09/04/2030 (02665WGL9) 54905 55245 AMERICAN HONDA FIN CORP MTN - 5.150% - 07/09/2032 (02665WGF2) 44916 46315 AMPHENOL CORP - 4.130% - 11/15/2030 (032095AY7) 39957 39830 AT&T INC - 4.300% - 02/15/2030 (00206RGQ9) 48143 45093 AUTOZONE INC - 5.100% - 07/15/2029 (053332BJ0) 40311 41177 BA CARD TR - 4.790% - 05/15/2028 (05522RDG0) 44990 45150 BANK MONTREAL MEDIUM - 4.350% - 09/22/2031 (06368MXV1) 60036 59972 BANK NOVA SCOTIA B C - 4.930% - 02/14/2029 (06418GAP2) 65061 66264 BK OF AMERICA CORP - 2.087% - 06/14/2029 (06051GJZ3) 84200 85879 BK OF AMERICA CORP SER N MTN - 5.015% - 07/22/2033 (06051GKY4) 54833 56194 BRISTOL-MYERS - 5.750% - 02/01/2031 (110122DY1) 55585 58883 CANADIAN IMPERIAL BANK VARIABLE - ?% - 03/30/2029 (13607PH98) 80025 81346 CAP ONE MULTI-AST - 4.420% - 05/15/2028 (14041NGD7) 39991 40077 CAPITAL ONE FINL CORP NT - 1.878% - 11/02/2027 (14040HCH6) 48342 49063 CAPITAL ONE PRIME ATSER - 4.140% - 05/17/2027 (14043GAD6) 10346 10343 CAPITAL ONE PRIME AUTO SER 25 CL A3 - 4.370% - 07/15/2030 (14043YAD7) 149968 150069 CISCO SYSTEMS INC - 5.050% - 02/26/2034 (17275RBT8) 35155 36086 CITIGROUP INC - 4.500% - 09/11/2031 (172967QF1) 85102 85368 CNH EQUIP TR - 4.810% - 08/15/2028 (12664QAC8) 43173 43436 CNH EQUIP TR 2022-C SER 2022-C CL A-3 - 5.150% - 04/17/2028 (12664JAC4) 17877 18001 CNH EQUIPMENT TR - 4.030% - 12/17/2029 (18978GAD6) 109510 110369 CONSOLIDATED EDISON CO N Y - 2.400% - 06/15/2031 (209111GA5) 49292 45730 DIAMONDBACK ENERGY INC - 5.150% - 01/30/2030 (25278XAY5) 45308 46324 DISCOVER CARD SER 2023-1 CL A - 0.000% - 03/15/2028 (254683CY9) 64996 65066 DOMINION ENERGY INC - 4.600% - 05/15/2028 (25746UDY2) 59974 60727 DOMINION ENERGY INC - 5.000% - 06/15/2030 (25746UDW6) 34963 35989 DOW CHEMICAL CO - 4.800% - 01/15/2031 (260543DN0) 39924 39807 DTE ENERGY CO - 5.200% - 04/01/2030 (233331BN6) 70331 72225 DUKE ENERGY CORP - 2.550% - 06/15/2031 (26441CBL8) 69510 72848 EBAY INC - 4.250% - 03/06/2029 (278642BD4) 39991 40140 ENBRIDGE INC MTN CDS- NOTE - 5.700% - 03/08/2033 (29250NBR5) 60355 63296 ENERGY TRANSFER OPERATING LP - 5.250% - 04/15/2029 (29278NAG8) 100580 92535 EXELON CORP NOTE - 5.150% - 03/15/2028 (30161NBJ9) 65283 66425 FISERV INC - 4.200% - 10/01/2028 (337738AR9) 61775 54877 FISERV INC - 4.550% - 02/15/2031 (337738BP2) 59848 59428 FLPRIDA PWR - 4.625% - 05/15/2030 (341081GP6) 65075 66347 FORD CR - 4.070% - 07/15/2029 (34532UAD1) 94771 95297 FORD CR AUTO - 4.650% - 02/15/2028 (344928AD8) 23198 23261 FORD CREDIT AT OWNER TR 2025-C - 4.190% - 06/15/2030 (34535LAD8) 49992 50143 FOX CORP SER B - 4.709% - 01/25/2029 (35137LAH8) 63899 55731 GENERAL MOTORS CO - 5.350% - 04/15/2028 (37045VBC3) 55056 56354 GEORGIA POWER CO - 4.850% - 03/15/2031 (373334LA7) 65034 66743 GOLDMAN SACHS GROUP INC - 0.000% - 10/21/2029 (38141GD27) 85000 85006 HF SINCLAIR - 5.000% - 02/01/2028 (403949AQ3) 64468 65013 HF SINCLAIR CORP - 5.500% - 09/01/2032 (403949AT7) 49645 50737 HUNTINGTON BANCSHARES INC - 4.443% - 08/04/2028 (446150BB9) 59611 60328 HYUNDAI AUTO RCV SER 25 D - 3.990% - 09/16/2030 (44891XAD9) 39997 40162 HYUNDAI AUTO RECETR 2025-B - 4.730% - 12/17/2029 (44935XAD7) 39996 40386 INTERCONTINENTAL EXC - 4.200% - 03/15/2031 (45865VAC4) 64492 65044 JOHN DEERE OWNER TR SER 2022-C CL A-3 - 5.470% - 06/15/2027 (47800BAC2) 12108 12138 JP MORGAN CHASE - 2.522% - 04/22/2031 (46647PBL9) 105340 102557 JP MORGAN CHASE - 5.299% - 07/24/2029 (46647PDU7) 55553 56700 JPMC - 4.980% - 07/22/2028 (46647PEL6) 65218 65981 KINDER MORGAN INC - 5.150% - 06/01/2030 (49456BBB6) 40005 41398 KROGER CO - 5.000% - 09/15/2034 (501044DV0) 34756 35253 MARATHON PETROLEUM CORP - 5.150% - 03/01/2030 (56585ABK7) 89757 92714 META PLATFORMS INC - 4.880% - 11/15/2035 (30303MAD4) 50073 49933 MORGAN STANLEY - 3.772% - 01/24/2029 (61744YAP3) 134108 124331 NEXTERA ENERGY CAP HOLDINGS INC - 0.000% - 09/01/2027 (65339KCL2) 20063 20242 NISOURCE INC - 5.200% - 07/01/2029 (65473PAS4) 65511 67067 NISSAN AT REC OW TR 2025-B - 4.330% - 04/15/2030 (65490DAD3) 94999 95404 NISSAN AUTO - 4.910% - 11/05/2027 (65480WAD3) 22253 22320 NOVARTIS CAPITAL CORP - 4.300% - 11/05/2032 (66989HAZ1) 84498 84711 ORACLE CORP - 0.000% - 09/26/2030 (68389XDH5) 55020 53846 PHILLIPS - 5.250% - 06/15/2031 (718547AU6) 50476 52024 REALTY INCOME CORP - 3.200% - 01/15/2027 (756109BZ6) 63609 64473 RIO TINTO FIN USA PLC - 5.000% - 03/14/2032 (76720AAT3) 49757 51690 ROYAL BANK CDA - 5.070% - 07/23/2027 (78016HZX1) 65164 65361 SOUTHERN CO - 1.750% - 03/15/2028 (842587DH7) 58170 57156 SYSCO - 5.950% - 04/01/2030 (871829BL0) 54279 47730 T MOBILE USA INC NOTE - 3.375% - 04/15/2029 (87264ABV6) 64632 68274 TAKE-TWO INTERACTIVE SOFTWARE - 5.400% - 06/12/2029 (874054AM1) 62140 62104 THE CIGNA GROUP - 4.880% - 09/15/2032 (125523CY4) 74994 76094 TORONTO DOMINION BANK ONT - 4.810% - 06/03/2030 (89115KAB6) 96960 97047 TOYOTA AUTO - 5.330% - 01/16/2029 (89237NAD9) 54663 55240 TOYOTA MTR CR CORP - 5.100% - 03/21/2031 (89236TLZ6) 95583 98777 TRUIST FINL CORP - 1.887% - 06/07/2029 (89788MAE2) 60935 66521 UNITED PARCEL SERVICES INC - 5.250% - 05/14/2035 (911312CJ3) 49813 51928 US BANCORP - 5.775% - 06/12/2029 (91159HJM3) 46123 46787 US BANCORP - 5.830% - 06/12/2034 (91159HJN1) 40471 42750 VERIZON COMMUNICATIONS INC - 2.355% - 03/15/2032 (92343VGN8) 67510 70606 VERIZON MASTER TRUST 2025-9 - 3.960% - 10/21/2030 (92348KEV1) 59990 60165 VERIZON MASTER TRUSTSER - 5.340% - 04/22/2030 (92348KCQ4) 114183 115209 WASTPAC BANK CORP - 5.050% - 04/16/2029 (961214FT5) 40499 41380 WELLS FARGO &CO SER U MTN - 3.526% - 03/24/2028 (95000U2V4) 123139 129168 WESTPAC BKG CORP BOND - 4.322% - 11/23/2031 (961214DF7) 100230 99937 XCEL ENERGY INC - 4.750% - 03/21/2028 (98389BBD1) 39913 40531 ABBOTT LABS (ABT) 150298 157615 ABBVIE INC (ABBV) 60277 145777 ALPHABET INC CL A (GOOGL) 186509 1028518 AMAZON COM (AMZN) 287893 642603 APPLE INC (AAPL) 179687 956675 ATMOS ENERGY CORP (ATO) 99847 147012 AUTOZONE INC (AZO) 27246 118703 BANK OF AMERICA CORP (BAC) 121384 231275 BLACKROCK EVENT DRIVEN EQUITY FUND INSTITUTIONAL SHARES (BILPX) 622556 690991 BLACKROCK INC (BLK) 89225 151988 BLACKROCK STRAT INC OPP PORTFOLIO INSTL (BSIIX) 3720585 3805135 BOSTON SCIENTIFIC (BSX) 85082 149318 BROADCOM INC (AVGO) 47657 601868 CADENCE DESIGN SYSTEMS INC (CDNS) 137025 175357 CARPENTER TECH (CRS) 68744 86581 CASEY'S GENERAL STORES, INC (CASY) 116967 152548 CHEVRON CORP (CVX) 99473 97542 CHUBB LIMITED (CB) 101673 158869 CINTAS CRP (CTAS) 50668 158543 COSTCO WHOLESALE CORPORATION (COST) 49531 187990 DIMENSIONAL INTERNATIONAL VAL ETF (DFIV) 1997215 2382725 EATON VANCE GLBL MCRO ABS RET ADVTG FUND CL R6 (EGRSX) 657947 739809 ELI LILLY & CO (LLY) 54441 360018 EXXON MOBIL CORP (XOM) 93158 214326 FOX CORP CL A (FOXA) 49318 92507 GE VERNOVA (GEV) 137790 169275 GLOBAL X ARTIFICIAL INTELLIGENCE & TECHNOLOGY ETF (AIQ) 2420738 2446366 HOME DEPOT INC (HD) 125267 173426 HONEYWELL INTL (HON) 106374 137538 HUBBELL INCORPORATED (HUBB) 113994 133233 INVESCO CHINA TECHNOLOGY ETF (CQQQ) 1226824 1045200 INVESCO FTSE RAFI US 1000 ETF (PRF) 2031189 7038000 ISHARES CORE MSCI EAFE ETF (IEFA) 2104510 3405742 ISHARES TR S & P MIDCAP 400 INDEX FD (IJH) 3616530 7755000 JP MORGAN CHASE (JPM) 87385 368297 LAM RESEARCH CORP (LRCX) 40021 227156 LINDE PLC COM (LIN) 114497 102334 MARRIOTT INTERNATIONAL INC. CL A (MAR) 99252 126888 MASTERCARD INC (MA) 142880 249475 MCKESSON CORP (MCK) 119753 136988 MERCK & CO INC (MRK) 110916 140312 META PLATFORMS INC (META) 227223 542594 MICROSOFT CORP (MSFT) 239464 1024791 MORGAN STANLEY (MS) 66048 193330 MOTOROLA SOLUTIONS INC (MSI) 47307 109630 NVIDIA CORP (NVDA) 908948 1204977 PHILIP MORRIS INTL (PM) 113368 180771 PROCTER GAMBLE CO (PG) 83112 111209 QUANTA SVCS INC (PWR) 27417 158695 RAYMOND JAMES FINANCIAL INC (RJF) 115401 124457 RAYTHEON TECHNOLOGIES CORP (RTX) 150747 190002 ROYAL CARRIBEAN CRUISE (RCL) 124772 155080 S&P GLOBAL INC COM (SPGI) 35055 146848 SERVICE NOW (NOW) 137569 158552 SHERWIN-WILLIAMS CO (SHW) 114107 97533 SPDR S&P 500 ETF TRUST (SPY) 3058164 13692954 STEPSTONE PRIVATE MARKETS CLASS I (XPMIX) 1200000 1322214 STRYKER CORPORATION (SYK) 69754 98763 TAIWAN SEMICONDUCTOR MFG CO LTD (TSM) 59518 177168 TELEDYNE TECH INC (TDY) 112592 139940 THE BLACKSTONE GROUP INC CL A (BX) 122997 128707 TJX COMPANIES INC (TJX) 83670 158372 TRANSDIGM GRP INC (TDG) 125669 125006 VANGUARD FTSE ALL-WORLD EX-US ETF (VEU) 1206495 1983913 VANGUARD FTSE EMERGING MARKETS (VWO) 1696516 1689677 VANGUARD GROWTH ETF (VUG) 2975793 8091158 VANGUARD SM-CAP ETF (VB) 1668690 3721703 VISA INC (V) 85937 209374 WALT DISNEY HOLDINGS CO (DIS) 103083 96818 WCM FOCUSED INTL GROWTH FUNDS INSTL (WCMIX) 2000000 1818713 WEC ENERGY GROUP, INC (WEC) 41844 74662 11940172 11815622 0 0 HUDSON BAY INTERNATIONAL FUND LTD (HBINTLFD) FMV 3000000 5380563 YORK CREDIT OPPORTUNITIES UNIT TRUST (YORKCREDIT) FMV 52286 6585 AMG PANTHEON - 510 (AMG PANTHEON - 510) FMV 1241460 1287343 HPS CORP FUND - 510 (HPS CORP FUND - 510) FMV 1200000 1181265 LEGAL 2645 0 2645 BANK CHARGES 25 25 0 INSURANCE 4969 0 4969 OFFICE SUPPLIES 1563 0 1563 POSTAGE 3196 0 3196 SOFTWARE 215 0 215 STATE FILING FEES 110 0 110 WEBSITE COSTS 1019 0 1019 INVESTMENT MANAGEMENT SERVICES 223288 223288 0 WEBSITE DESIGN 3150 0 3150 ADMINISTRATIVE FEES 52424 0 52424 FOREIGN TAXES 912 912 0 EXCISE TAXES 132670 0 0