﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" returnVersion="2025v4.1">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2026-06-15T21:48:33-06:00</ReturnTs>
    <TaxPeriodEndDt>2025-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>330362331</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>Oscar H Valverde CPA</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>10444 Corporate Drive Suite F</AddressLine1Txt>
        <CityNm>Redlands</CityNm>
        <StateAbbreviationCd>CA</StateAbbreviationCd>
        <ZIPCd>92374</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2025-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>464327066</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>HASSAN MAHVASH &amp; FARZAD MILANI CHARITABLE TRUST</BusinessNameLine1Txt>
      </BusinessName>
      <InCareOfNm>% HASSAN M MILANI</InCareOfNm>
      <BusinessNameControlTxt>HASS</BusinessNameControlTxt>
      <PhoneNum>7145538630</PhoneNum>
      <USAddress>
        <AddressLine1Txt>39 HARBOR RIDGE DRIVE</AddressLine1Txt>
        <CityNm>NEWPORT BEACH</CityNm>
        <StateAbbreviationCd>CA</StateAbbreviationCd>
        <ZIPCd>92660</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>HASSAN M MILANI TRUSTEE</PersonNm>
      <PersonTitleTxt>PRESIDENT</PersonTitleTxt>
      <PhoneNum>7145538630</PhoneNum>
      <SignatureDt>2026-06-15</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>OSCAR H VALVERDE</PreparerPersonNm>
      <PTIN>P00412577</PTIN>
      <PhoneNum>9097995539</PhoneNum>
      <PreparationDt>2026-06-15</PreparationDt>
      <SelfEmployedInd>X</SelfEmployedInd>
    </PreparerPersonGrp>
    <TaxYr>2025</TaxYr>
    <BuildTS>2025-03-06 01:10:19Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="6">
    <IRS990PF documentId="IRS990PF">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>7530998</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ContriRcvdRevAndExpnssAmt>2085874</ContriRcvdRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>87664</InterestOnSavNetInvstIncmAmt>
        <DividendsNetInvstIncmAmt>67830</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>-122432</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>530250</GrossSalesPriceAmt>
        <NetSTCapitalGainAdjNetIncmAmt>31049</NetSTCapitalGainAdjNetIncmAmt>
        <OtherIncomeRevAndExpnssAmt referenceDocumentId="OtherIncomeSchedule2">95</OtherIncomeRevAndExpnssAmt>
        <TotalRevAndExpnssAmt>1963537</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>155494</TotalNetInvstIncmAmt>
        <TotalAdjNetIncmAmt>31049</TotalAdjNetIncmAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="TaxesSchedule">2590</TaxesRevAndExpnssAmt>
        <TotOprExpensesRevAndExpnssAmt>2590</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>0</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>0</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>250000</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>250000</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>252590</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>0</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>250000</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>1710947</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>155494</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>31049</AdjustedNetIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>249650</CashBOYAmt>
        <CashEOYAmt>39862</CashEOYAmt>
        <CashEOYFMVAmt>39862</CashEOYFMVAmt>
        <OtherInvestmentsBOYAmt>5396249</OtherInvestmentsBOYAmt>
        <OtherInvestmentsEOYAmt referenceDocumentId="InvestmentsOtherSchedule2">7314352</OtherInvestmentsEOYAmt>
        <OtherInvestmentsEOYFMVAmt>7491136</OtherInvestmentsEOYFMVAmt>
        <TotalAssetsBOYAmt>5645899</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>7354214</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>7530998</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesBOYAmt>0</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowFASB117Ind>X</OrgDoesNotFollowFASB117Ind>
        <RetainedEarningBOYAmt>5645899</RetainedEarningBOYAmt>
        <RetainedEarningEOYAmt>7354214</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>5645899</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>7354214</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>5645899</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>7354214</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>5645899</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>1710947</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>7356846</SubtotalAmt>
        <OtherDecreasesAmt referenceDocumentId="OtherDecreasesSchedule">2632</OtherDecreasesAmt>
        <TotNetAstOrFundBalancesEOYAmt>7354214</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>20 Call Boeing</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2025-05-22</AcquiredDt>
          <SoldDt>2025-09-19</SoldDt>
          <GrossSalesPriceAmt>15786</GrossSalesPriceAmt>
          <GainOrLossAmt>15786</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>15786</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>7 Call Boeing</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2025-12-15</AcquiredDt>
          <SoldDt>2025-12-15</SoldDt>
          <GrossSalesPriceAmt>7033</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>259</CostOrOtherBasisAmt>
          <GainOrLossAmt>6774</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>6774</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>55 Call Prologis Inc</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2025-05-22</AcquiredDt>
          <SoldDt>2025-09-19</SoldDt>
          <GrossSalesPriceAmt>8489</GrossSalesPriceAmt>
          <GainOrLossAmt>8489</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>8489</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>21 Boeing CO</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2018-07-21</AcquiredDt>
          <SoldDt>2025-12-12</SoldDt>
          <GrossSalesPriceAmt>4246</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>8229</CostOrOtherBasisAmt>
          <GainOrLossAmt>-3983</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-3983</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>661 Boeing Co</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2018-07-21</AcquiredDt>
          <SoldDt>2025-12-12</SoldDt>
          <GrossSalesPriceAmt>12317</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>23901</CostOrOtherBasisAmt>
          <GainOrLossAmt>-11584</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-11584</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>700 Boeing Co</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2018-07-21</AcquiredDt>
          <SoldDt>2025-12-12</SoldDt>
          <GrossSalesPriceAmt>142184</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>275814</CostOrOtherBasisAmt>
          <GainOrLossAmt>-133630</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-133630</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>1300 C3 AI INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2018-07-21</AcquiredDt>
          <SoldDt>2025-12-12</SoldDt>
          <GrossSalesPriceAmt>20516</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>41705</CostOrOtherBasisAmt>
          <GainOrLossAmt>-21189</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-21189</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>80 Invesco</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2023-12-22</AcquiredDt>
          <SoldDt>2025-12-12</SoldDt>
          <GrossSalesPriceAmt>49679</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>32774</CostOrOtherBasisAmt>
          <GainOrLossAmt>16905</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>16905</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>250000 Harborone Bank</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2024-06-21</AcquiredDt>
          <SoldDt>2025-07-28</SoldDt>
          <GrossSalesPriceAmt>250000</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>250000</CostOrOtherBasisAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>20000 Metro Bank</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2024-06-21</AcquiredDt>
          <SoldDt>2025-09-29</SoldDt>
          <GrossSalesPriceAmt>20000</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>20000</CostOrOtherBasisAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>-122432</CapitalGainNetIncomeAmt>
        <NetShortTermCapitalGainLossAmt>31049</NetShortTermCapitalGainLossAmt>
      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>2161</InvestmentIncomeExciseTaxAmt>
        <TaxUnderSection511Amt>0</TaxUnderSection511Amt>
        <SubtotalAmt>2161</SubtotalAmt>
        <SubtitleATaxAmt>0</SubtitleATaxAmt>
        <TaxBasedOnInvestmentIncomeAmt>2161</TaxBasedOnInvestmentIncomeAmt>
        <TaxDueAmt>2161</TaxDueAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>false</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>CA</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd referenceDocumentId="SubstantialContribut-158-Copy1">true</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>false</ComplyWithPublicInspRqrInd>
        <IndividualWithBooksNm>HASSAN M MILANI TRUSTEE</IndividualWithBooksNm>
        <PhoneNum>7145538630</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>39 HARBOR RIDGE DRIVE</AddressLine1Txt>
          <CityNm>NEWPORT BEACH</CityNm>
          <StateAbbreviationCd>CA</StateAbbreviationCd>
          <ZIPCd>92660</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>
        <UndistrIncmSect4942a2NotAppInd>false</UndistrIncmSect4942a2NotAppInd>
        <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>
          <PersonNm>HASSAN M MILANI TRUSTEE</PersonNm>
          <USAddress>
            <AddressLine1Txt>39 HARBOR RIDGE DRIVE</AddressLine1Txt>
            <CityNm>NEWPORT BEACH</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>92660</ZIPCd>
          </USAddress>
          <TitleTxt>PRESIDENT</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>10.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <OtherEmployeePaidOver50kCnt>0</OtherEmployeePaidOver50kCnt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SumOfProgramRelatedInvstGrp>
        <TotalAmt>0</TotalAmt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>6024833</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>22456</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>6047289</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>6047289</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>90709</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>5956580</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>297829</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>297829</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>2161</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>2161</TotalTaxAmt>
        <DistributableBeforeAdjAmt>295668</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>295668</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>295668</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>250000</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>250000</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>295668</DistributableAsAdjustedAmt>
        <QualifyingDistributionsAmt>250000</QualifyingDistributionsAmt>
        <AppliedToCurrentYearAmt>250000</AppliedToCurrentYearAmt>
        <UndistributedIncomeCYAmt>45668</UndistributedIncomeCYAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ContributingManagerNm>HASSAN M MILANI</ContributingManagerNm>
        <ShareholderManagerNm>NONE</ShareholderManagerNm>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Mercy Ships</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>PO Box 2020</AddressLine1Txt>
            <CityNm>Lindale</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>757712020</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>Cure of Children</GrantOrContributionPurposeTxt>
          <Amt>100000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>City of Hope</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>2000 Fivepoint Suite 230</AddressLine1Txt>
            <CityNm>Irvine</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>92618</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>Cure of Children</GrantOrContributionPurposeTxt>
          <Amt>150000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>250000</TotalGrantOrContriPdDurYrAmt>
        <TotalGrantOrContriApprvFutAmt>0</TotalGrantOrContriApprvFutAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>87664</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>67830</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>155494</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>155494</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <RlnOfActyToAccomOfExmptPrpsGrp>
        <RlnOfActyToAccomOfExmptPrpsGrp>
          <LineNumberTxt>3</LineNumberTxt>
          <RelationshipStatementTxt>EARNED ON OPERATING CASH ACCOUNT FOR MISCELLANEOUS EXPENSES.</RelationshipStatementTxt>
        </RlnOfActyToAccomOfExmptPrpsGrp>
        <RlnOfActyToAccomOfExmptPrpsGrp>
          <LineNumberTxt>4</LineNumberTxt>
          <RelationshipStatementTxt>DIVIDENDS FROM DONATED SECURITIES TO BE USED FOR GRANTS.</RelationshipStatementTxt>
        </RlnOfActyToAccomOfExmptPrpsGrp>
        <RlnOfActyToAccomOfExmptPrpsGrp>
          <LineNumberTxt>8</LineNumberTxt>
          <RelationshipStatementTxt>LIQUIDATED SECURITIES CONVERTED TO CASH FOR SPECIFIC GRANTS.</RelationshipStatementTxt>
        </RlnOfActyToAccomOfExmptPrpsGrp>
      </RlnOfActyToAccomOfExmptPrpsGrp>
      <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">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <GeneralRuleInd>X</GeneralRuleInd>
      <ContributorInformationGrp>
        <ContributorNum>1</ContributorNum>
        <ContributorPersonNm>HASSAN M MILANI</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>39 Harbor Ridge Drive</AddressLine1Txt>
          <CityNm>Newport Beach</CityNm>
          <StateAbbreviationCd>CA</StateAbbreviationCd>
          <ZIPCd>92660</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>2006624</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
      </ContributorInformationGrp>
      <ContributorInformationGrp>
        <ContributorNum>2</ContributorNum>
        <ContributorPersonNm>HASSAN M MILANI</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>39 Harbor Ridge Drive</AddressLine1Txt>
          <CityNm>Newport Beach</CityNm>
          <StateAbbreviationCd>CA</StateAbbreviationCd>
          <ZIPCd>92660</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>79350</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
      </ContributorInformationGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>1</ContributorNum>
        <NoncashPropertyDesc>Certificate of Deposits</NoncashPropertyDesc>
        <FairMarketValueAmt>2006624</FairMarketValueAmt>
        <ReceivedDt>2025-09-12</ReceivedDt>
      </NonCashPropertyContributionGrp>
    </IRS990ScheduleB>
    <InvestmentsOtherSchedule2 documentId="InvestmentsOtherSchedule2">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SCHWAB INVESTMENTS-BOEING CO</CategoryOrItemTxt>
        <BookValueAmt>296275</BookValueAmt>
        <EOYFMVAmt>303800</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SCHWAB INVESTMENTS-HOME DEPO</CategoryOrItemTxt>
        <BookValueAmt>660242</BookValueAmt>
        <EOYFMVAmt>777666</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SCHWAB INVESTMENTS-C3 AI INC</CategoryOrItemTxt>
        <BookValueAmt>0</BookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SCHWAB INVESTMENTS-PROLOGIS</CategoryOrItemTxt>
        <BookValueAmt>620577</BookValueAmt>
        <EOYFMVAmt>654470</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SCHWAB INVESTMTS-INVESCO QQQ</CategoryOrItemTxt>
        <BookValueAmt>754714</BookValueAmt>
        <EOYFMVAmt>970936</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SCHWAB INVESTMENTS-VANGUARD DIV</CategoryOrItemTxt>
        <BookValueAmt>238772</BookValueAmt>
        <EOYFMVAmt>328331</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SCHWAB INVESTMENTS-VANGUARD S&amp;P</CategoryOrItemTxt>
        <BookValueAmt>360971</BookValueAmt>
        <EOYFMVAmt>563736</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SCHWAB INVESTMENTS-US DIVIDEND</CategoryOrItemTxt>
        <BookValueAmt>74923</BookValueAmt>
        <EOYFMVAmt>75432</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SCHWAB INVESTMENTS-BANK OF CHINA</CategoryOrItemTxt>
        <BookValueAmt>14000</BookValueAmt>
        <EOYFMVAmt>14000</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SCHWAB INVESTMENTS-MEDALLION BANK</CategoryOrItemTxt>
        <BookValueAmt>15000</BookValueAmt>
        <EOYFMVAmt>15000</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SCHWAB INVESTMTS-INVESCO QQQ</CategoryOrItemTxt>
        <BookValueAmt>640000</BookValueAmt>
        <EOYFMVAmt>661205</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SCHWAB INVESTMENTS-US DIVIDEND</CategoryOrItemTxt>
        <BookValueAmt>396331</BookValueAmt>
        <EOYFMVAmt>401600</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SCHWAB INVESTMENTS-ENTERPRISE BANK</CategoryOrItemTxt>
        <BookValueAmt>135000</BookValueAmt>
        <EOYFMVAmt>135126</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SCHWAB INVESTMENTS-BEAL BANK USA</CategoryOrItemTxt>
        <BookValueAmt>72000</BookValueAmt>
        <EOYFMVAmt>72004</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SCHWAB INVESTMENTS-BANK OF CHINA</CategoryOrItemTxt>
        <BookValueAmt>200000</BookValueAmt>
        <EOYFMVAmt>200027</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SCHWAB INVESTMENTS-CHARLES SCHWAB</CategoryOrItemTxt>
        <BookValueAmt>87000</BookValueAmt>
        <EOYFMVAmt>87013</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SCHWAB INVESTMENTS-THE FARMERS &amp; ME</CategoryOrItemTxt>
        <BookValueAmt>102000</BookValueAmt>
        <EOYFMVAmt>102017</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SCHWAB INVESTMENTS-PINNACLE BANK</CategoryOrItemTxt>
        <BookValueAmt>314000</BookValueAmt>
        <EOYFMVAmt>314132</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SCHWAB INVESTMENTS-FIELDPOINT PRIVA</CategoryOrItemTxt>
        <BookValueAmt>200000</BookValueAmt>
        <EOYFMVAmt>200091</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SCHWAB INVESTMENTS-FIRST NATIONAL</CategoryOrItemTxt>
        <BookValueAmt>200000</BookValueAmt>
        <EOYFMVAmt>200078</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SCHWAB INVESTMENTS-MERRICK BANK</CategoryOrItemTxt>
        <BookValueAmt>250000</BookValueAmt>
        <EOYFMVAmt>250158</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SCHWAB INVESTMENTS-SOUTHSTATE BANK</CategoryOrItemTxt>
        <BookValueAmt>150000</BookValueAmt>
        <EOYFMVAmt>150084</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SCHWAB INVESTMENTS-ROYAL BUSINESS</CategoryOrItemTxt>
        <BookValueAmt>18000</BookValueAmt>
        <EOYFMVAmt>17996</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SCHWAB INVESTMENTS-PEOPLES SECURITY</CategoryOrItemTxt>
        <BookValueAmt>45000</BookValueAmt>
        <EOYFMVAmt>44996</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SCHWAB INVESTMENTS-JOHNSON BANK</CategoryOrItemTxt>
        <BookValueAmt>200000</BookValueAmt>
        <EOYFMVAmt>200109</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SCHWAB INVESTMENTS-HINGHAM INSTITUT</CategoryOrItemTxt>
        <BookValueAmt>250000</BookValueAmt>
        <EOYFMVAmt>250229</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SCHWAB INVESTMENTS-ENTERPRISE BANK</CategoryOrItemTxt>
        <BookValueAmt>250000</BookValueAmt>
        <EOYFMVAmt>250561</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SCHWAB INVESTMENTS-MORGAN STANLEY P</CategoryOrItemTxt>
        <BookValueAmt>250000</BookValueAmt>
        <EOYFMVAmt>250339</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SCHWAB INVESTMENTS-</CategoryOrItemTxt>
        <BookValueAmt>0</BookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SCHWAB INVESTMENTS-</CategoryOrItemTxt>
        <BookValueAmt>0</BookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SCHWAB INVESTMENTS-US TREASURY</CategoryOrItemTxt>
        <BookValueAmt>519547</BookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SCHWAB INVESTMENTS-CAMBRIDGE SAVING</CategoryOrItemTxt>
        <BookValueAmt>0</BookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SCHWAB INVESTMENTS-PCB BANK</CategoryOrItemTxt>
        <BookValueAmt>0</BookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SCHWAB INVESTMENTS-BANKUNITED NTNL</CategoryOrItemTxt>
        <BookValueAmt>0</BookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SCHWAB INVESTMENTS-EXCHANGE BANK</CategoryOrItemTxt>
        <BookValueAmt>0</BookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SCHWAB INVESTMENTS-US METRO BANK</CategoryOrItemTxt>
        <BookValueAmt>0</BookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SCHWAB INVESTMENTS-PARKWAY BANK AND</CategoryOrItemTxt>
        <BookValueAmt>0</BookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SCHWAB INVESTMENTS-HARBORONE BANK</CategoryOrItemTxt>
        <BookValueAmt>0</BookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SCHWAB INVESTMENTS-FIRST FINL BANK</CategoryOrItemTxt>
        <BookValueAmt>0</BookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <OtherDecreasesSchedule documentId="OtherDecreasesSchedule">
      <OtherDecreasesDetail>
        <Desc>Unrealized Gain/Loss</Desc>
        <Amt>2632</Amt>
      </OtherDecreasesDetail>
    </OtherDecreasesSchedule>
    <OtherIncomeSchedule2 documentId="OtherIncomeSchedule2">
      <OtherIncomeDetail>
        <Desc>US Treasury</Desc>
        <RevenueAndExpensesPerBooksAmt>95</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <TaxesSchedule documentId="TaxesSchedule">
      <TaxesDetail>
        <CategoryTxt>US Treasury</CategoryTxt>
        <Amt>2390</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>Department of Justice Fee</CategoryTxt>
        <Amt>200</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>