﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2025v4.0">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2026-04-06T18:54:28-04:00</ReturnTs>
    <TaxPeriodEndDt>2025-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>994260840</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>DOEREN MAYHEW</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>8035 SPYGLASS HILL RD</AddressLine1Txt>
        <CityNm>MELBOURNE</CityNm>
        <StateAbbreviationCd>FL</StateAbbreviationCd>
        <ZIPCd>329407984</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2025-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>854321056</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>BULL FAMILY FOUNDATION</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>BULL</BusinessNameControlTxt>
      <PhoneNum>3213398902</PhoneNum>
      <USAddress>
        <AddressLine1Txt>PO BOX 510310</AddressLine1Txt>
        <CityNm>MELBOURNE BEACH</CityNm>
        <StateAbbreviationCd>FL</StateAbbreviationCd>
        <ZIPCd>32951</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>ROBERT C BULL</PersonNm>
      <PersonTitleTxt>DIRECTOR</PersonTitleTxt>
      <PhoneNum>3213398902</PhoneNum>
      <SignatureDt>2026-03-12</SignatureDt>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>JUSTIN S KNOX CPA</PreparerPersonNm>
      <PTIN>P01542872</PTIN>
      <PhoneNum>3217572020</PhoneNum>
      <PreparationDt>2026-03-27</PreparationDt>
    </PreparerPersonGrp>
    <TaxYr>2025</TaxYr>
    <BuildTS>2025-03-06 01:10:19Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="5">
    <IRS990PF documentId="RetDoc6">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>10353567</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <InterestOnSavRevAndExpnssAmt>344820</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>344820</InterestOnSavNetInvstIncmAmt>
        <DividendsRevAndExpnssAmt>65507</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>65507</DividendsNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>410327</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>410327</TotalNetInvstIncmAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="RetDoc2">2385</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>2385</AccountingFeesNetInvstIncmAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="RetDoc4">23004</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>23004</OtherExpensesNetInvstIncmAmt>
        <TotOprExpensesRevAndExpnssAmt>25389</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>25389</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>0</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>2290000</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>2290000</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>2315389</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>25389</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>2290000</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>-1905062</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>384938</NetInvestmentIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <SavAndTempCashInvstBOYAmt>111707</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>66225</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>66225</SavAndTempCashInvstEOYFMVAmt>
        <OtherInvestmentsBOYAmt>11582544</OtherInvestmentsBOYAmt>
        <OtherInvestmentsEOYAmt referenceDocumentId="RetDoc3">10287342</OtherInvestmentsEOYAmt>
        <OtherInvestmentsEOYFMVAmt>10287342</OtherInvestmentsEOYFMVAmt>
        <TotalAssetsBOYAmt>11694251</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>10353567</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>10353567</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrganizationFollowsFASB117Ind>X</OrganizationFollowsFASB117Ind>
        <NoDonorRstrNetAssestsBOYAmt>11694251</NoDonorRstrNetAssestsBOYAmt>
        <NoDonorRstrNetAssestsEOYAmt>10353567</NoDonorRstrNetAssestsEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>11694251</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>10353567</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>11694251</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>10353567</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>11694251</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>-1905062</ExcessRevenueOverExpensesAmt>
        <OtherIncreasesAmt referenceDocumentId="RetDoc5">564378</OtherIncreasesAmt>
        <SubtotalAmt>10353567</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>10353567</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>5351</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>5351</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>5351</TaxBasedOnInvestmentIncomeAmt>
        <Form2220AttachedInd referenceDocumentId="RetDoc1">X</Form2220AttachedInd>
        <EsPenaltyAmt>274</EsPenaltyAmt>
        <TaxDueAmt>5625</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>true</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>FL</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <IndividualWithBooksNm>ROBERT C BULL</IndividualWithBooksNm>
        <PhoneNum>3213398902</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>8605 NORTHEAST 14TH TERRACE</AddressLine1Txt>
          <CityNm>OCALA</CityNm>
          <StateAbbreviationCd>FL</StateAbbreviationCd>
          <ZIPCd>34479</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>
        <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>
          <PersonNm>ROBERT C BULL</PersonNm>
          <USAddress>
            <AddressLine1Txt>8605 NORTHEAST 14TH TERRACE</AddressLine1Txt>
            <CityNm>OCALA</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>34479</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>000.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>DEBRA A BULL</PersonNm>
          <USAddress>
            <AddressLine1Txt>8605 NORTHEAST 14TH TERRACE</AddressLine1Txt>
            <CityNm>OCALA</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>34479</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>000.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ROBERT A BULL</PersonNm>
          <USAddress>
            <AddressLine1Txt>8605 NORTHEAST 14TH TERRACE</AddressLine1Txt>
            <CityNm>OCALA</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>34479</ZIPCd>
          </USAddress>
          <TitleTxt>EXECUTIVE DI</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>000.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp>
        <Description1Txt>PROVIDE SUPPORT FOR APPROVED 501(C)(3) ORGANIZATIONS ONLY</Description1Txt>
        <Expenses1Amt>2290000</Expenses1Amt>
      </SummaryOfDirectChrtblActyGrp>
      <SumOfProgramRelatedInvstGrp>
        <Description1Txt>N/A</Description1Txt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>10934943</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>88966</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>11023909</TotalFMVOfUnusedAssetsAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>11023909</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>165359</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>10858550</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>542928</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>542928</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>5351</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>5351</TotalTaxAmt>
        <DistributableBeforeAdjAmt>537577</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>537577</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>537577</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>2290000</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>2290000</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>537577</DistributableAsAdjustedAmt>
        <ExcessDistributionCyovYr4Amt>1396569</ExcessDistributionCyovYr4Amt>
        <ExcessDistributionCyovYr3Amt>4510437</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr1Amt>884845</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>6791851</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>2290000</QualifyingDistributionsAmt>
        <AppliedToCurrentYearAmt>537577</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>1752423</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>8544274</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovToNextYrAmt>8544274</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>1396569</ExcessFromYear4Amt>
        <ExcessFromYear3Amt>4510437</ExcessFromYear3Amt>
        <ExcessFromYear1Amt>884845</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>1752423</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>AMERICAN HONORS FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 510310</AddressLine1Txt>
            <CityNm>MELBOURNE BEACH</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32951</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusCd>NC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>OPERATING EXPENSE &amp; SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>2290000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>2290000</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>344820</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>65507</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>410327</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>410327</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>
    <AccountingFeesSchedule documentId="RetDoc2">
      <AccountingFeesDetail>
        <CategoryTxt>BERMAN HOPKINS</CategoryTxt>
        <Amt>2385</Amt>
        <NetInvestmentIncomeAmt>2385</NetInvestmentIncomeAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <InvestmentsOtherSchedule2 documentId="RetDoc3">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>PNC PRIVATE WEALTH</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>10287342</BookValueAmt>
        <EOYFMVAmt>10287342</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <OtherExpensesSchedule documentId="RetDoc4">
      <OtherExpensesScheduleGrp>
        <Desc>EXPENSES</Desc>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>PNC INVEST AC FEE</Desc>
        <RevenueAndExpensesPerBooksAmt>16142</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>16142</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>TAXES</Desc>
        <RevenueAndExpensesPerBooksAmt>6862</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>6862</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncreasesSchedule documentId="RetDoc5">
      <OtherIncreasesDetail>
        <Desc>INV FUND FMV TRUE UP</Desc>
        <Amt>564378</Amt>
      </OtherIncreasesDetail>
    </OtherIncreasesSchedule>
  </ReturnData>
</Return>