2026-05-06T17:01:41-04:00 2025-12-31 346565596 ERNST & YOUNG US LLP 99 WOOD AVE SOUTH ISELIN NJ 08830 990PF 2025-01-01 136023169 JEPHSON EDUCATIONAL TRUST #1 XXXXX0006 JEPH 8004962583 10 S DEARBORN IL1-0111 CHICAGO IL 60603 KRYSTAL ZEC ExecDirector 8004962583 2026-04-10 true HEATHER A HAWES P01379658 7327679100 2026-04-10 2025 2025-03-06 01:10:19Z X 6727843 X 180913 155889 315850 3231951 315850 0 496763 471739 91838 50691 41148 0 0 0 0 0 666 0 0 666 0 0 4436 2695 0 0 0 0 0 0 0 250 250 97190 53386 0 42064 253900 253900 351090 53386 0 295964 145673 418353 0 45141 78845 78845 110602 116052 116052 0 0 0 1508344 2801364 5151464 2276105 1384504 1381482 290582 0 4230774 4380765 6727843 0 X 4230774 4380765 4230774 4380765 4230774 4380765 4230774 145673 11945 4388392 7627 4380765 15101.126 THE TAX EX BND FND AM-F3 2024-10-21 2025-06-17 182875 189066 -6191 -6191 3616.136 BLACKROCK HIGH YIELD-K 2024-03-14 2025-06-20 25819 25421 398 398 39863.326 NUVEEN INTRM DUR MUNI BD-I 2024-12-23 2025-06-20 346811 350000 -3189 -3189 3668.4 SIX CIRCLES MULTI-STRAT 2024-12-23 2025-06-20 36721 37051 -330 -330 15093.459 THE TAX EX BND FND AM-F3 2025-06-20 182782 187117 -4335 -4335 10080.645 THE TAX EX BND FND AM-F3 2023-12-15 2025-06-20 122077 125000 -2923 -2923 3000. VANGUARD SHORT-TERM TREASURY INDEX FUND 2024-12-23 2025-06-20 175665 174758 907 907 1300. VANGUARD INTERMEDIATE-TERM T 2024-03-14 2025-06-20 77019 75702 1317 1317 3358. VANGUARD TAX-EXEMPT BOND ETF 2025-06-20 164089 166513 -2424 -2424 25849.335 VANGUARD INTERMEDIATE TERM TAX 2024-12-23 2025-06-20 345864 350000 -4136 -4136 8911.614 VANGUARD INTERMEDIATE TERM TAX 2023-12-15 2025-06-20 119237 122000 -2763 -2763 15441.813 ALLSPRING MUNI BND-R6 2024-12-23 2025-06-20 146234 149940 -3706 -3706 10438.042 BLACKSTONE ALT MULTI-STRAT-Y 2019-05-31 2025-06-23 113462 111374 2088 2088 2275.319 CRM LNG/SHRT OPPORT-INST 2019-10-25 2025-06-23 27054 23208 3846 3846 490. ISHARES 0-1 YEAR TREASURY BOND 2023-04-18 2025-06-23 54064 54048 16 16 6040.992 PIMCO MTGE OPPORTUNITIES IS 2023-08-21 2025-06-23 56242 55988 254 254 6232.59 SIX CIRCLES MULTI-STRAT 2024-12-23 2025-06-23 62451 62949 -498 -498 1376.152 ARTISAN INTL VAL-INST 2010-05-17 2025-06-24 71849 31125 40724 40724 3233.116 FMI LARGE CAP FUND-INST 2008-10-15 2025-06-24 48982 35709 13273 13273 1046. ISHARES RUSSELL 1000 VALUE INDEX FD 2011-06-27 2025-06-24 201423 69351 132072 132072 32383.42 LORD ABBETT SHRT DUR INC-F3 2024-12-23 2025-06-24 125972 125000 972 972 4165.41 PARNASSUS EQTY INCOME FD-INS 2014-12-04 2025-06-24 262421 169824 92597 92597 11031.493 BLACKROCK HIGH YIELD-K 2025-10-16 79647 76554 3093 3093 6295.105 PGIM HIGH YIELD-R6 2025-06-20 2025-10-16 30657 30217 440 440 197. VANGUARD EMERG MKTS GOV BND 2024-03-14 2025-10-16 13249 12422 827 827 2308. VANGUARD MORTGAGE-BACKED SEC 2025-06-20 2025-10-16 109180 105764 3416 3416 CAPITAL GAIN DIVIDENDS P 50105 CAPITAL GAIN DIVIDENDS P 50105 CAPITAL GAIN DIVIDENDS P 50105 CAPITAL GAIN DIVIDENDS P 50105 CAPITAL GAIN DIVIDENDS P 50105 CAPITAL GAIN DIVIDENDS P 50105 CAPITAL GAIN DIVIDENDS P 50105 CAPITAL GAIN DIVIDENDS P 50105 CAPITAL GAIN DIVIDENDS P 50105 CAPITAL GAIN DIVIDENDS P 50105 CAPITAL GAIN DIVIDENDS P 50105 CAPITAL GAIN DIVIDENDS P 50105 CAPITAL GAIN DIVIDENDS P 50105 CAPITAL GAIN DIVIDENDS P 50105 CAPITAL GAIN DIVIDENDS P 50105 CAPITAL GAIN DIVIDENDS P 50105 CAPITAL GAIN DIVIDENDS P 50105 CAPITAL GAIN DIVIDENDS P 50105 CAPITAL GAIN DIVIDENDS P 50105 CAPITAL GAIN DIVIDENDS P 50105 CAPITAL GAIN DIVIDENDS P 50105 CAPITAL GAIN DIVIDENDS P 50105 CAPITAL GAIN DIVIDENDS P 50105 CAPITAL GAIN DIVIDENDS P 50105 CAPITAL GAIN DIVIDENDS P 50105 CAPITAL GAIN DIVIDENDS P 50105 315850 5815 0 5815 0 5815 1840 0 0 1840 0 3975 0 0 false false false false false false false true true NY true false false false false true n/a JP MORGAN CHASE BANK NA 8004962583 10 S DEARBORN ST MC IL 1-0111 CHICAGO IL 60603 false false false false true false false false false false false false false false false false false false false false false false JP MORGAN CHASE BANK NA 10 S DEARBORN ST MC IL 1-0111 CHICAGO IL 60603 TRUSTEE 2 75641 JOHN F PARKIN 5071 BEACON HILL CT DOYLESTOWN PA 18902 CO-TRUSTEE 1 10976 ROBERT D TAISEY 30 W 60TH ST APT 2V NEW YORK NY 10023 CO-TRUSTEE 1 656 ROBERT SCOTT JOHNSTON 210 GALAXY HILL LANE 4 QUECHEE VT 05059 CO-TRUSTEE 1 4565 NONE 0 NONE 0 6235990 135118 0 6371108 0 0 6371108 95567 6275541 313777 313777 5815 5815 307962 0 307962 0 307962 295964 0 0 0 0 295964 307962 253787 0 0 0 0 0 0 0 295964 253787 0 0 42177 0 0 0 0 0 0 0 0 265785 0 0 0 0 0 0 0 0 NONE NONE X MANHATTAN SCHOOL OF MUSIC 120 CLAREMONT AVE NEW YORK NY 100274698 NONE PC SCHOLARSHIP 15000 BERKLEE COLLEGE OF MUSIC 1140 BOYLSTON ST MS-1140 OP BOSTON MA 02215 NONE PC SCHOLARSHIP 25000 JOHNS HOPKINS UNIVERSITY 3400 N CHARLES ST BALTIMORE MD 21218 NONE PC SCHOLARSHIP 5000 INTERLOCHEN CENTER FOR THE ARTS 4000 J MADDY PKWY INTERLOCHEN MI 49643 NONE PC SCHOLARSHIP 15000 CHAMPLAIN COLLEGE 163 SOUTH WILLARD ST BURLINGTON VT 05401 NONE PC SCHOLARSHIP 5000 SACRED HEART UNIVERSITY 5151 PARK AVE FAIRFIELD CT 06825 NONE PC SCHOLARSHIP 4400 ADELPHI UNIVERSITY SOUTH AVE LEVERMORE 201 GARDEN CITY NY 11530 NONE PC SCHOLARSHIP 5000 MARYMOUNT MANHATTAN COLLEGE 221 EAST 71ST STREET NEW YORK NY 10021 NONE PC SCHOLARSHIP 10000 COLGATE UNIVERSITY 13 OAK DRIVE Hamilton NY 13346 NONE PC GENERAL 5000 CORNELL UNIVERSITY 377 PINE TREE ROAD ITHACA NY 14850 NONE PC SCHOLARSHIP 20000 ST LAWRENCE UNIVERSITY ROMODA DRIVE CANTON NY 13617 NONE PC SCHOLARSHIP 5000 ELMIRA COLLEGE 1 PARK PLACE ELMIRA NY 14901 NONE PC SCHOLARSHIP 50000 LAFAYETTE COLLEGE 730 HIGH STREET EASTON PA 18042 NONE PC SCHOLARSHIP 5000 ELMHURST COLLEGE 190 S PROSPECT AVE ELMHURST IL 60126 NONE PC SCHOLARSHIP 5000 BELOIT COLLEGE 700 COLLEGE STREET Beloit WI 53511 NONE PC GENERAL 5000 BELLEVUE UNIVERSITY 1000 GALVIN ROAD S BELLEVUE NE 68005 NONE PC SCHOLARSHIP 5000 UNIVERSITY OF MASSACHUSETTS AMHERS FOUNDATION INC 134 HICKS WAY AMHERST MA 01003 NONE PC SCHOLARSHIP 12000 UNIVERSITY OF NORTH CAROLINA SCHOOL OF THE ARTS FOUNDATION INC PO BOX 12189 Winston Salem NC 27117 NONE PC GENERAL 5000 BEREA COLLEGE LINCOLN HALL 220 BEREA KY 40404 NONE PC SCHOLARSHIP 5000 BELMONT UNIVERSITY 1900 BELMONT BLVD NASHVILLE TN 37212 NONE PC SCHOLARSHIP 5000 VERMONT LAW SCHOOL 164 CHELSEA ST PO BOX 96 SOUTH ROYALTON VT 05068 NONE PC SCHOLARSHIP 12500 ALICE LLOYD COLLEGE 100 PURPOSE ROAD PIPPA PASSES KY 41844 NONE PC SCHOLARSHIP 30000 253900 14 180913 18 315850 496763 496763 false false false false false false false false false false 09260B614 BLACKROCK HIGH YIELD 74089 78688 922907746 VANGUARD TAX-EXEMPT 464288679 ISHARES SHORT TREASU 876902800 THE TAX EX BND FND A 922907878 VANGUARD I/T TAX EXM 54401E143 LORD ABBETT SHRT DUR 67065Q400 NUVEEN INTRM DUR MUN 921946885 VANGUARD EMERG MKTS 18475 19757 92206C102 VANGUARD SHORT-TERM 92206C706 VANGUARD INTERMEDIAT 94988V365 ALLSPRING MUNI BND-R 46429B267 ISHARES US TREASURY 131478 129815 74440Y884 PGIM HIGH YIELD-R6 32271 32607 921937835 VANGUARD TOTAL BOND 335544 337611 92203J407 VANGUARD TOTAL INTL 607604 593660 92206C771 VANGUARD MORTGAGE-BA 63651 65394 92206C870 VANGUARD INT-TERM CO 121392 123950 302933502 FMI LARGE CAP FUND-I 464287465 ISHARES MSCI EAFE ET 331078 508383 464287598 ISHARES RUSSELL 1000 701769408 PARNASSUS CORE EQUIT 78462F103 SPDR S&P 500 ETF TRU 563349 2311709 04314H857 ARTISAN INTL VAL-INS 46636U876 JPM EQ INC FD - USD 96405 167128 315911750 FIDELITY 500 INDEX F 761267 975818 46641Q191 JPMORGAN BETABUILDER 292239 343264 46641Q225 JPMORGAN BETABUILDER 86722 145824 256219106 DODGE & COX STOCK-I 182295 180284 41664T446 HARTFORD INTL VAL-F 121530 133049 46641Q217 JPMORGAN BETABUILDER 184184 205112 48121L841 JPM LARGE CAP GROW F 182295 180893 09257V508 BLACKSTONE ALT MULTI 12628J881 CRM LNG/SHRT OPPORT- 72201U638 PIMCO MRTG OPP & BND 83002G876 SIX CIRCLES MULTI-ST LEGAL FEES - PRINCIPAL (ALLOCA 666 666 2025 TRANSACTION POSTED IN 2026 7613 MUTUAL FUND ADJUSTMENT 2 SALES BASIS ADJUSTMENT 12 ATTORNEY GENERAL FEE 250 0 250 2024 TRANSACTION POSTED IN 2025 11931 RETURN OF CAPITAL ADJUSTMENT 14 FEDERAL ESTIMATES - INCOME 1741 0 0 FOREIGN TAXES ON QUALIFIED FOR 2350 2350 0 FOREIGN TAXES ON NONQUALIFIED 345 345 0