﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2025v4.1">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2026-05-14T21:38:43+00:00</ReturnTs>
    <TaxPeriodEndDt>2025-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>346565596</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>ERNST &amp; YOUNG US LLP</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>155 N WACKER DRIVE</AddressLine1Txt>
        <CityNm>CHICAGO</CityNm>
        <StateAbbreviationCd>IL</StateAbbreviationCd>
        <ZIPCd>60606</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2025-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>461579882</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>Bayne Foundation Inc</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>BAYN</BusinessNameControlTxt>
      <PhoneNum>4068625848</PhoneNum>
      <USAddress>
        <AddressLine1Txt>1435 Whitefish Hills Drive</AddressLine1Txt>
        <CityNm>Whitefish</CityNm>
        <StateAbbreviationCd>MT</StateAbbreviationCd>
        <ZIPCd>59937</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>WILLIAM A BAYNE</PersonNm>
      <PersonTitleTxt>PRESIDENT</PersonTitleTxt>
      <PhoneNum>4068625848</PhoneNum>
      <SignatureDt>2026-05-15</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>Voula Spyridis</PreparerPersonNm>
      <PTIN>P01795600</PTIN>
      <PhoneNum>3128792000</PhoneNum>
      <PreparationDt>2026-05-14</PreparationDt>
    </PreparerPersonGrp>
    <TaxYr>2025</TaxYr>
    <BuildTS>2025-03-06 01:10:19Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="11">
    <IRS990PF documentId="IRS990PF" softwareId="25022866" softwareVersionNum="2025v4.1">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>9053571</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ContriRcvdRevAndExpnssAmt>1989353</ContriRcvdRevAndExpnssAmt>
        <InterestOnSavRevAndExpnssAmt>248</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>248</InterestOnSavNetInvstIncmAmt>
        <DividendsRevAndExpnssAmt>96670</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>96670</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>74506</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>74506</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>74506</CapGainNetIncmNetInvstIncmAmt>
        <GrossSalesLessRetAndAllwncAmt>0</GrossSalesLessRetAndAllwncAmt>
        <CostOfGoodsSoldAmt>0</CostOfGoodsSoldAmt>
        <GrossProfitRevAndExpnssAmt>0</GrossProfitRevAndExpnssAmt>
        <OtherIncomeRevAndExpnssAmt>0</OtherIncomeRevAndExpnssAmt>
        <OtherIncomeNetInvstIncmAmt>0</OtherIncomeNetInvstIncmAmt>
        <OtherIncomeAdjNetIncmAmt>0</OtherIncomeAdjNetIncmAmt>
        <TotalRevAndExpnssAmt>2160777</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>171424</TotalNetInvstIncmAmt>
        <TotalAdjNetIncmAmt>0</TotalAdjNetIncmAmt>
        <LegalFeesRevAndExpnssAmt>0</LegalFeesRevAndExpnssAmt>
        <LegalFeesNetInvstIncmAmt>0</LegalFeesNetInvstIncmAmt>
        <LegalFeesAdjNetIncmAmt>0</LegalFeesAdjNetIncmAmt>
        <LegalFeesDsbrsChrtblAmt>0</LegalFeesDsbrsChrtblAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="AccountingFeesSchedule">9476</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>2369</AccountingFeesNetInvstIncmAmt>
        <AccountingFeesAdjNetIncmAmt>0</AccountingFeesAdjNetIncmAmt>
        <AccountingFeesChrtblPrpsAmt>7107</AccountingFeesChrtblPrpsAmt>
        <OtherProfFeesRevAndExpnssAmt referenceDocumentId="OtherProfessionalFeesSchedule">22359</OtherProfFeesRevAndExpnssAmt>
        <OtherProfFeesNetInvstIncmAmt>16769</OtherProfFeesNetInvstIncmAmt>
        <OtherProfFeesAdjNetIncmAmt>0</OtherProfFeesAdjNetIncmAmt>
        <OtherProfFeesDsbrsChrtblAmt>5590</OtherProfFeesDsbrsChrtblAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="TaxesSchedule">2137</TaxesRevAndExpnssAmt>
        <TaxesNetInvstIncmAmt>0</TaxesNetInvstIncmAmt>
        <TaxesAdjNetIncmAmt>0</TaxesAdjNetIncmAmt>
        <TaxesDsbrsChrtblAmt>0</TaxesDsbrsChrtblAmt>
        <DeprecAndDpltnRevAndExpnssAmt>0</DeprecAndDpltnRevAndExpnssAmt>
        <DeprecAndDpltnNetInvstIncmAmt>0</DeprecAndDpltnNetInvstIncmAmt>
        <DeprecAndDpltnAdjNetIncmAmt>0</DeprecAndDpltnAdjNetIncmAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="OtherExpensesSchedule">124</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>0</OtherExpensesNetInvstIncmAmt>
        <OtherExpensesAdjNetIncmAmt>0</OtherExpensesAdjNetIncmAmt>
        <OtherExpensesDsbrsChrtblAmt>124</OtherExpensesDsbrsChrtblAmt>
        <TotOprExpensesRevAndExpnssAmt>34096</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>19138</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesAdjNetIncmAmt>0</TotOprExpensesAdjNetIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>12821</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>255742</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>255742</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>289838</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>19138</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesAdjNetIncmAmt>0</TotalExpensesAdjNetIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>268563</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>1870939</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>152286</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <SavAndTempCashInvstBOYAmt>72960</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>185945</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>185945</SavAndTempCashInvstEOYFMVAmt>
        <AcctRcvblBOYAmt>0</AcctRcvblBOYAmt>
        <AcctRcvblEOYAmt>0</AcctRcvblEOYAmt>
        <AcctRcvblEOYFMVAmt>0</AcctRcvblEOYFMVAmt>
        <PledgesRcvblBOYAmt>0</PledgesRcvblBOYAmt>
        <PledgesRcvblEOYAmt>0</PledgesRcvblEOYAmt>
        <PledgesRcvblEOYFMVAmt>0</PledgesRcvblEOYFMVAmt>
        <RcvblFromOfficersBOYAmt>0</RcvblFromOfficersBOYAmt>
        <RcvblFromOfficersEOYAmt>0</RcvblFromOfficersEOYAmt>
        <RcvblFromOfficersEOYFMVAmt>0</RcvblFromOfficersEOYFMVAmt>
        <OtherNtsAndLoansRcvblAmt>0</OtherNtsAndLoansRcvblAmt>
        <OtherRcvblAllwncDbtflAcctAmt>0</OtherRcvblAllwncDbtflAcctAmt>
        <OtherNtsAndLoansRcvblBOYAmt>0</OtherNtsAndLoansRcvblBOYAmt>
        <OtherNtsAndLoansRcvblEOYAmt>0</OtherNtsAndLoansRcvblEOYAmt>
        <OtherNtsAndLoansRcvblEOYFMVAmt>0</OtherNtsAndLoansRcvblEOYFMVAmt>
        <USGovernmentObligationsBOYAmt>0</USGovernmentObligationsBOYAmt>
        <USGovernmentObligationsEOYAmt>0</USGovernmentObligationsEOYAmt>
        <USGovtObligationsEOYFMVAmt>0</USGovtObligationsEOYFMVAmt>
        <CorporateStockBOYAmt>2671652</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="InvestmentsCorpStockSchedule">2926041</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>8866626</CorporateStockEOYFMVAmt>
        <CorporateBondsBOYAmt>0</CorporateBondsBOYAmt>
        <CorporateBondsEOYFMVAmt>0</CorporateBondsEOYFMVAmt>
        <InvstLandCostOrOtherBasisAmt>0</InvstLandCostOrOtherBasisAmt>
        <InvstLandAccumDepreciationAmt>0</InvstLandAccumDepreciationAmt>
        <LandBldgInvestmentsBOYAmt>0</LandBldgInvestmentsBOYAmt>
        <LandBldgInvestmentsEOYFMVAmt>0</LandBldgInvestmentsEOYFMVAmt>
        <OtherInvestmentsBOYAmt>0</OtherInvestmentsBOYAmt>
        <OtherInvestmentsEOYAmt>0</OtherInvestmentsEOYAmt>
        <OtherInvestmentsEOYFMVAmt>0</OtherInvestmentsEOYFMVAmt>
        <LandBldgEquipCostOrOtherBssAmt>0</LandBldgEquipCostOrOtherBssAmt>
        <LandBldgEquipAccumDeprecAmt>0</LandBldgEquipAccumDeprecAmt>
        <LandBOYAmt>0</LandBOYAmt>
        <LandEOYFMVAmt>0</LandEOYFMVAmt>
        <OtherAssetsBOYAmt referenceDocumentId="OtherAssetsSchedule">1000</OtherAssetsBOYAmt>
        <OtherAssetsEOYAmt referenceDocumentId="OtherAssetsSchedule">1000</OtherAssetsEOYAmt>
        <OtherAssetsEOYFMVAmt referenceDocumentId="OtherAssetsSchedule">1000</OtherAssetsEOYFMVAmt>
        <TotalAssetsBOYAmt>2745612</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>3112986</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>9053571</TotalAssetsEOYFMVAmt>
        <LoansFromOfficersBOYAmt>0</LoansFromOfficersBOYAmt>
        <LoansFromOfficersEOYAmt>0</LoansFromOfficersEOYAmt>
        <MortgagesAndNotesPayableBOYAmt>0</MortgagesAndNotesPayableBOYAmt>
        <MortgagesAndNotesPayableEOYAmt>0</MortgagesAndNotesPayableEOYAmt>
        <TotalLiabilitiesBOYAmt>0</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowFASB117Ind>X</OrgDoesNotFollowFASB117Ind>
        <RetainedEarningBOYAmt>2745612</RetainedEarningBOYAmt>
        <RetainedEarningEOYAmt>3112986</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>2745612</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>3112986</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>2745612</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>3112986</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>2745612</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>1870939</ExcessRevenueOverExpensesAmt>
        <OtherIncreasesAmt referenceDocumentId="OtherIncreasesSchedule">231685</OtherIncreasesAmt>
        <SubtotalAmt>4848236</SubtotalAmt>
        <OtherDecreasesAmt referenceDocumentId="OtherDecreasesSchedule">1735250</OtherDecreasesAmt>
        <TotNetAstOrFundBalancesEOYAmt>3112986</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CAPITAL GAINS DIVIDENDS</PropertyDesc>
          <GrossSalesPriceAmt>74506</GrossSalesPriceAmt>
          <GainOrLossAmt>74506</GainOrLossAmt>
          <ExcessFMVOverAdjustedBssAmt>0</ExcessFMVOverAdjustedBssAmt>
          <GainsMinusExcessOrLossesAmt>74506</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>74506</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>2117</InvestmentIncomeExciseTaxAmt>
        <TaxUnderSection511Amt referenceDocumentId="TaxUnderSection511Statement">0</TaxUnderSection511Amt>
        <SubtotalAmt>2117</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>2117</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>5000</EstimatedPlusOvpmtIncmTxAmt>
        <ExemptFrgnOrgTaxWthldAtSrceAmt referenceDocumentId="IRS1042S">0</ExemptFrgnOrgTaxWthldAtSrceAmt>
        <TotalPaymentsAndCreditsAmt>5000</TotalPaymentsAndCreditsAmt>
        <OverpaymentAmt>2883</OverpaymentAmt>
        <AppliedToESTaxAmt>2883</AppliedToESTaxAmt>
        <RefundAmt>0</RefundAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <Section4955OrganizationTaxAmt>0</Section4955OrganizationTaxAmt>
        <Section4955ManagersTaxAmt>0</Section4955ManagersTaxAmt>
        <TaxReimbursedAmt>0</TaxReimbursedAmt>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>true</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>MT</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>THEBAYNEFOUNDATION.COM</WebsiteAddressTxt>
        <IndividualWithBooksNm>THE FOUNDATION</IndividualWithBooksNm>
        <PhoneNum>4068625848</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>1435 WHITEFISH HILLS DR</AddressLine1Txt>
          <CityNm>WHITEFISH</CityNm>
          <StateAbbreviationCd>MT</StateAbbreviationCd>
          <ZIPCd>59937</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>false</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>false</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>false</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>false</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>false</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
        <UncorrectedPriorActsInd>false</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>false</UndistributedIncomePYInd>
        <BusinessHoldingsInd>false</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>false</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>false</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>false</InfluenceLegislationInd>
        <InfluenceElectionInd>false</InfluenceElectionInd>
        <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>false</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
        <SubjToTaxRmnrtnExPrchtPymtInd>false</SubjToTaxRmnrtnExPrchtPymtInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <BusinessName>
            <BusinessNameLine1Txt>William A Bayne</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>1435 Whitefish Hills Drive</AddressLine1Txt>
            <CityNm>Whitefish</CityNm>
            <StateAbbreviationCd>MT</StateAbbreviationCd>
            <ZIPCd>59937</ZIPCd>
          </USAddress>
          <TitleTxt>Director, President</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>2.50</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <BusinessName>
            <BusinessNameLine1Txt>PATRICK M COGAN</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>1435 Whitefish Hills Drive</AddressLine1Txt>
            <CityNm>Whitefish</CityNm>
            <StateAbbreviationCd>MT</StateAbbreviationCd>
            <ZIPCd>59937</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.20</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <BusinessName>
            <BusinessNameLine1Txt>Elizabeth G Bayne</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>1435 Whitefish Hills Drive</AddressLine1Txt>
            <CityNm>Whitefish</CityNm>
            <StateAbbreviationCd>MT</StateAbbreviationCd>
            <ZIPCd>59937</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR, TREASURER, SECRETARY</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>5.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <BusinessName>
            <BusinessNameLine1Txt>BRITTNEY COGAN</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>1435 Whitefish Hills Drive</AddressLine1Txt>
            <CityNm>Whitefish</CityNm>
            <StateAbbreviationCd>MT</StateAbbreviationCd>
            <ZIPCd>59937</ZIPCd>
          </USAddress>
          <TitleTxt>Director</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>5.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <BusinessName>
            <BusinessNameLine1Txt>MACKENZIE E BAYNE</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>1435 Whitefish Hills Drive</AddressLine1Txt>
            <CityNm>Whitefish</CityNm>
            <StateAbbreviationCd>MT</StateAbbreviationCd>
            <ZIPCd>59937</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.20</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OtherEmployeePaidOver50kCnt>0</OtherEmployeePaidOver50kCnt>
        <ContractorPaidOver50kCnt>0</ContractorPaidOver50kCnt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SumOfProgramRelatedInvstGrp>
        <TotalAmt>0</TotalAmt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>6717266</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>38158</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>6755424</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>6755424</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>101331</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>6654093</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>332705</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>332705</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>2117</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>2117</TotalTaxAmt>
        <DistributableBeforeAdjAmt>330588</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>330588</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>330588</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>268563</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>0</ProgramRelatedInvstTotalAmt>
        <SetAsideCashDistriTestAmt>0</SetAsideCashDistriTestAmt>
        <QualifyingDistributionsAmt>268563</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>330588</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>258396</UndistributedIncomePYAmt>
        <PriorYear2Yr>2022</PriorYear2Yr>
        <PriorYear3Yr>2021</PriorYear3Yr>
        <TotalForPriorYearsAmt>0</TotalForPriorYearsAmt>
        <ExcessDistributionCyovYr5Amt>0</ExcessDistributionCyovYr5Amt>
        <ExcessDistributionCyovYr4Amt>0</ExcessDistributionCyovYr4Amt>
        <ExcessDistributionCyovYr3Amt>0</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr2Amt>0</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>0</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>0</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>268563</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>258396</AppliedToYear1Amt>
        <AppliedToPriorYearsAmt>0</AppliedToPriorYearsAmt>
        <TreatedAsDistriFromCorpusAmt>0</TreatedAsDistriFromCorpusAmt>
        <AppliedToCurrentYearAmt>10167</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>0</RemainingDistriFromCorpusAmt>
        <ExcessDistributionCyovAppCYAmt>0</ExcessDistributionCyovAppCYAmt>
        <TotalCorpusAmt>0</TotalCorpusAmt>
        <PriorYearUndistributedIncmAmt>0</PriorYearUndistributedIncmAmt>
        <Taxable1Amt>0</Taxable1Amt>
        <Taxable2Amt>0</Taxable2Amt>
        <UndistributedIncomeCYAmt>320421</UndistributedIncomeCYAmt>
        <CorpusDistri170b1EOr4942g3Amt>0</CorpusDistri170b1EOr4942g3Amt>
        <ExcessDistriCyovFromYr5Amt>0</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>0</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>0</ExcessFromYear4Amt>
        <ExcessFromYear3Amt>0</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>0</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>0</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>0</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ContributingManagerNm>WILLIAM A BAYNE DIRECTOR</ContributingManagerNm>
        <ContributingManagerNm>ELIZABETH G BAYNE DIRECTOR</ContributingManagerNm>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Cato Institute</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1000 MASSACHUSETTS AVENUE NW</AddressLine1Txt>
            <CityNm>WASHINGTON</CityNm>
            <StateAbbreviationCd>DC</StateAbbreviationCd>
            <ZIPCd>20001</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>General Support</GrantOrContributionPurposeTxt>
          <Amt>29895</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Institute for Justice</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>901 N GLEBE ROAD SUITE 900</AddressLine1Txt>
            <CityNm>ARLINGTON</CityNm>
            <StateAbbreviationCd>VA</StateAbbreviationCd>
            <ZIPCd>22203</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>General Support</GrantOrContributionPurposeTxt>
          <Amt>29895</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Nationwide Children's Hospital</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1 INVENTA PLACE 6TH FLOOR</AddressLine1Txt>
            <CityNm>SILVER SPRING</CityNm>
            <StateAbbreviationCd>MD</StateAbbreviationCd>
            <ZIPCd>20910</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>General Support</GrantOrContributionPurposeTxt>
          <Amt>15437</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Seeds of Caring</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>325 PIEDMONT ROAD</AddressLine1Txt>
            <CityNm>COLUMBUS</CityNm>
            <StateAbbreviationCd>OH</StateAbbreviationCd>
            <ZIPCd>43214</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>General Support</GrantOrContributionPurposeTxt>
          <Amt>12473</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Whitefish Community Foundation</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 1060</AddressLine1Txt>
            <CityNm>WHITEFISH</CityNm>
            <StateAbbreviationCd>MT</StateAbbreviationCd>
            <ZIPCd>599371060</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>Cirle of Giving</GrantOrContributionPurposeTxt>
          <Amt>20561</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Whitefish Community Foundation</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 1060</AddressLine1Txt>
            <CityNm>WHITEFISH</CityNm>
            <StateAbbreviationCd>MT</StateAbbreviationCd>
            <ZIPCd>599371060</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>DREAM</GrantOrContributionPurposeTxt>
          <Amt>81286</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Whitefish Community Foundation</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 1060</AddressLine1Txt>
            <CityNm>WHITEFISH</CityNm>
            <StateAbbreviationCd>MT</StateAbbreviationCd>
            <ZIPCd>599371060</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>Great Fish Campaign</GrantOrContributionPurposeTxt>
          <Amt>65160</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Pelotonia</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2281 Kenny Road Ste 450</AddressLine1Txt>
            <CityNm>Columbus</CityNm>
            <StateAbbreviationCd>OH</StateAbbreviationCd>
            <ZIPCd>432101158</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>General Support</GrantOrContributionPurposeTxt>
          <Amt>1035</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>255742</TotalGrantOrContriPdDurYrAmt>
        <TotalGrantOrContriApprvFutAmt>0</TotalGrantOrContriApprvFutAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>248</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>96670</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>74506</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <UnrelatedBusinessTaxblIncmAmt>0</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionAmt>171424</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>0</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>171424</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <IRS990ScheduleB documentId="IRS990ScheduleB" softwareId="25022866" softwareVersionNum="2025v4.1">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <GeneralRuleInd>X</GeneralRuleInd>
      <ContributorInformationGrp>
        <ContributorNum>1</ContributorNum>
        <ContributorBusinessName>
          <BusinessNameLine1Txt>WILLIAM A BAYNE REVOCABLE TRUST</BusinessNameLine1Txt>
        </ContributorBusinessName>
        <ContributorUSAddress>
          <AddressLine1Txt>4610 STOCKPORT CIRCLE</AddressLine1Txt>
          <CityNm>DUBLIN</CityNm>
          <StateAbbreviationCd>OH</StateAbbreviationCd>
          <ZIPCd>43016</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>1224825</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
        <NoncashContributionInd>X</NoncashContributionInd>
      </ContributorInformationGrp>
      <ContributorInformationGrp>
        <ContributorNum>2</ContributorNum>
        <ContributorBusinessName>
          <BusinessNameLine1Txt>WILLIAM A BAYNE REVOCABLE TRUST</BusinessNameLine1Txt>
        </ContributorBusinessName>
        <ContributorUSAddress>
          <AddressLine1Txt>4610 STOCKPORT CIRCLE</AddressLine1Txt>
          <CityNm>DUBLIN</CityNm>
          <StateAbbreviationCd>OH</StateAbbreviationCd>
          <ZIPCd>43016</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>602929</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
        <NoncashContributionInd>X</NoncashContributionInd>
      </ContributorInformationGrp>
      <ContributorInformationGrp>
        <ContributorNum>3</ContributorNum>
        <ContributorBusinessName>
          <BusinessNameLine1Txt>WILLIAM A BAYNE REVOCABLE TRUST</BusinessNameLine1Txt>
        </ContributorBusinessName>
        <ContributorUSAddress>
          <AddressLine1Txt>4610 STOCKPORT CIRCLE</AddressLine1Txt>
          <CityNm>DUBLIN</CityNm>
          <StateAbbreviationCd>OH</StateAbbreviationCd>
          <ZIPCd>43016</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>161599</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
        <NoncashContributionInd>X</NoncashContributionInd>
      </ContributorInformationGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>1</ContributorNum>
        <NoncashPropertyDesc>2,575 SHARES OF HCA HEALTHCARE INC.</NoncashPropertyDesc>
        <FairMarketValueAmt>1224825</FairMarketValueAmt>
        <ReceivedDt>2025-12-11</ReceivedDt>
      </NonCashPropertyContributionGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>2</ContributorNum>
        <NoncashPropertyDesc>2,179 SHARES OF APPLE INC.</NoncashPropertyDesc>
        <FairMarketValueAmt>602929</FairMarketValueAmt>
        <ReceivedDt>2025-12-11</ReceivedDt>
      </NonCashPropertyContributionGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>3</ContributorNum>
        <NoncashPropertyDesc>336 SHARES OF MICROSOFT CORP</NoncashPropertyDesc>
        <FairMarketValueAmt>161599</FairMarketValueAmt>
        <ReceivedDt>2025-12-11</ReceivedDt>
      </NonCashPropertyContributionGrp>
    </IRS990ScheduleB>
    <AccountingFeesSchedule documentId="AccountingFeesSchedule" softwareId="25022866" softwareVersionNum="2025v4.1">
      <AccountingFeesDetail>
        <CategoryTxt>TAX PREP AND ACCOUNTING FEES</CategoryTxt>
        <Amt>9476</Amt>
        <NetInvestmentIncomeAmt>2369</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>7107</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <GeneralExplanationAttachment documentId="GeneralExplanationAttachment" softwareId="25022866" softwareVersionNum="2025v4.1">
      <GeneralExplanationGrp>
        <IdentifierTxt>NON-CASH GRANTS PAID</IdentifierTxt>
        <FormAndLineReferenceDesc>PART 1, LINE 25</FormAndLineReferenceDesc>
        <MediumExplanationTxt>DATE: 7/10/2025 RECIPIENT: Whitefish Community Foundation BASIS: 1,854 FMV: 20,561 DATE: 8/29/2025 RECIPIENT: Cato Institute BASIS: 2,669 FMV: 29,895 DATE: 8/29/2025 RECIPIENT: Institute for Justice BASIS: 2,669 FMV: 29,895 DATE: 9/02/2025 RECIPIENT: Whitefish Community Foundation BASIS: 5,835 FMV: 65,160 DATE: 9/29/2025 RECIPIENT: Nationwide Children's Hospital BASIS: 1,357 FMV: 15,437 DATE: 10/01/2025 RECIPIENT: Seeds of Caring BASIS: 1,086 FMV: 12,473 DATE: 12/01/2025 RECIPIENT: Whitefish Community Foundation BASIS: 7,553 FMV: 81,286</MediumExplanationTxt>
      </GeneralExplanationGrp>
    </GeneralExplanationAttachment>
    <InvestmentsCorpStockSchedule documentId="InvestmentsCorpStockSchedule" softwareId="25022866" softwareVersionNum="2025v4.1">
      <InvestmentsCorporateStockGrp>
        <StockNm>Fidelity Select Health Care</StockNm>
        <EOYBookValueAmt>48250</EOYBookValueAmt>
        <EOYFMVAmt>58127</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Fidelity Overseas</StockNm>
        <EOYBookValueAmt>221065</EOYBookValueAmt>
        <EOYFMVAmt>305346</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>T ROWE PRICE HEALTH SCIENCES</StockNm>
        <EOYBookValueAmt>269779</EOYBookValueAmt>
        <EOYFMVAmt>410524</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FIDELITY MSCI INFORMATION</StockNm>
        <EOYBookValueAmt>29996</EOYBookValueAmt>
        <EOYFMVAmt>100023</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Ishares Russell 1000 Growth ETF</StockNm>
        <EOYBookValueAmt>48602</EOYBookValueAmt>
        <EOYFMVAmt>356395</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Ishares Russell 2000 ETF</StockNm>
        <EOYBookValueAmt>274875</EOYBookValueAmt>
        <EOYFMVAmt>713126</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Ishares Edge MSCI USA Quality</StockNm>
        <EOYBookValueAmt>121219</EOYBookValueAmt>
        <EOYFMVAmt>207359</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ISHARES CORE S&amp;P MID-CAP ETF</StockNm>
        <EOYBookValueAmt>76745</EOYBookValueAmt>
        <EOYFMVAmt>154770</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ISHARES TR ESG AWARE MSCI USA ETF</StockNm>
        <EOYBookValueAmt>168543</EOYBookValueAmt>
        <EOYFMVAmt>351146</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SPDR S&amp;P500 ETF TRUST TRUST UNIT</StockNm>
        <EOYBookValueAmt>142421</EOYBookValueAmt>
        <EOYFMVAmt>602817</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>VANGUARD WHITEHALL FDS HIGH DIV YLD</StockNm>
        <EOYBookValueAmt>160086</EOYBookValueAmt>
        <EOYFMVAmt>202363</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ISHARES TR US TREAS BD ETF</StockNm>
        <EOYBookValueAmt>49328</EOYBookValueAmt>
        <EOYFMVAmt>50056</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Ishares Trust MSCI EMG MKTS ETF</StockNm>
        <EOYBookValueAmt>108667</EOYBookValueAmt>
        <EOYFMVAmt>192524</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ISHARES MSCI EAFE ETF</StockNm>
        <EOYBookValueAmt>231836</EOYBookValueAmt>
        <EOYFMVAmt>360016</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ISHARES TR CORE MSCI TOTAL</StockNm>
        <EOYBookValueAmt>35024</EOYBookValueAmt>
        <EOYFMVAmt>47822</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>APPLE INC</StockNm>
        <EOYBookValueAmt>125783</EOYBookValueAmt>
        <EOYFMVAmt>1300578</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HCA HEALTHCARE INC COM</StockNm>
        <EOYBookValueAmt>218442</EOYBookValueAmt>
        <EOYFMVAmt>1692368</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MICROSOFT CORP</StockNm>
        <EOYBookValueAmt>78501</EOYBookValueAmt>
        <EOYFMVAmt>870516</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>EATON CORPORATION PLC</StockNm>
        <EOYBookValueAmt>75452</EOYBookValueAmt>
        <EOYFMVAmt>444321</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SCHWAB STRATEGIC TR US AGGREGATE BD ETF</StockNm>
        <EOYBookValueAmt>122152</EOYBookValueAmt>
        <EOYFMVAmt>121945</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ISHARES TR CORE TOTAL USD</StockNm>
        <EOYBookValueAmt>205947</EOYBookValueAmt>
        <EOYFMVAmt>209709</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ISHARES FLEXIBLE INCOME ACTIVE ETF</StockNm>
        <EOYBookValueAmt>113328</EOYBookValueAmt>
        <EOYFMVAmt>114775</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <OtherAssetsSchedule documentId="OtherAssetsSchedule" softwareId="25022866" softwareVersionNum="2025v4.1">
      <OtherAssetsScheduleGrp>
        <Desc>Due from bank</Desc>
        <BOYBookValueAmt>1000</BOYBookValueAmt>
        <EOYBookValueAmt>1000</EOYBookValueAmt>
        <EOYFMVAmt>1000</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
    </OtherAssetsSchedule>
    <OtherDecreasesSchedule documentId="OtherDecreasesSchedule" softwareId="25022866" softwareVersionNum="2025v4.1">
      <OtherDecreasesDetail>
        <Desc>Adjustment to Basis of Contributed Stock</Desc>
        <Amt>1735302</Amt>
      </OtherDecreasesDetail>
      <OtherDecreasesDetail>
        <Desc>Cost basis adjustment</Desc>
        <Amt>-52</Amt>
      </OtherDecreasesDetail>
    </OtherDecreasesSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSchedule" softwareId="25022866" softwareVersionNum="2025v4.1">
      <OtherExpensesScheduleGrp>
        <Desc>Website Fees</Desc>
        <RevenueAndExpensesPerBooksAmt>124</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>124</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncreasesSchedule documentId="OtherIncreasesSchedule" softwareId="25022866" softwareVersionNum="2025v4.1">
      <OtherIncreasesDetail>
        <Desc>Write-up to Fair Market Value - Stock Donated</Desc>
        <Amt>231685</Amt>
      </OtherIncreasesDetail>
    </OtherIncreasesSchedule>
    <OtherProfessionalFeesSchedule documentId="OtherProfessionalFeesSchedule" softwareId="25022866" softwareVersionNum="2025v4.1">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>Consulting fees</CategoryTxt>
        <Amt>22359</Amt>
        <NetInvestmentIncomeAmt>16769</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>5590</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="TaxesSchedule" softwareId="25022866" softwareVersionNum="2025v4.1">
      <TaxesDetail>
        <CategoryTxt>Federal Excise Tax</CategoryTxt>
        <Amt>2137</Amt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>