Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
COMMANDER AND MRS ROBERT KRAUSE FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)132 STATE ST
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
HARBOR BEACH, MI48441
A Employer identification number

52-7317516
B Telephone number (see instructions)

(989) 479-6148
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$905,717J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 15,761 15,728 15,728
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 67,875
b Gross sales price for all assets on line 6a 367,549
7 Capital gain net income (from Part IV, line 2)... 67,875
8 Net short-term capital gain......... 3,596
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 83,636 83,603 19,324
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 20,857 20,857 20,857  
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 263 263 263  
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 21,120 21,120 21,120 0
25 Contributions, gifts, grants paid....... 34,850 34,850
26 Total expenses and disbursements. Add lines 24 and 25 55,970 21,120 21,120 34,850
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 27,666
b Net investment income (if negative, enter -0-) 62,483
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 14,609 16,953 16,953
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 120,773 Click to see attachment84,583 94,268
b Investments—corporate stock (attach schedule)....... 397,531 Click to see attachment455,982 704,217
c Investments—corporate bonds (attach schedule)....... 80,110 Click to see attachment74,263 80,417
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........   Click to see attachment9,596 9,862
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 613,023 641,377 905,717
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 613,023 613,023
29 Total net assets or fund balances (see instructions)..... 613,023 613,023
30 Total liabilities and net assets/fund balances (see instructions). 613,023 613,023
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
613,023
2
Enter amount from Part I, line 27a .....................
2
27,666
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
640,689
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
640,689
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a 12 SH APPLE INC P 2016-03-31 2020-01-07
b 23 SH DUPONT DE NEMOURS INC P 2019-01-17 2020-01-27
c 13 SH E TRADE FINL CORP P 2017-10-02 2020-01-29
d 13 SH HUMANA INC P 2015-08-06 2020-01-10
e 14 SH LOWE'S COMPANIES INC P 2013-06-21 2020-01-22
41 SH REGIONS FINL CORP P 2017-01-10 2020-01-29
13 SH UNITEDHEALTH GROUP INC P 2019-01-02 2020-01-10
14 SH DUPONT DE NEMOURS INC P 2019-05-15 2020-01-27
138 SH KAR AUCTION SERVICES INC P 2019-10-24 2020-01-17
1000 SH JPMORGAN CHASE & 3.63% P 2014-09-16 2020-02-20
1000 SH ORACLE CORP 2.65% P 2016-10-28 2020-02-20
1000 SH WELLS FARGO & CO 2.10% P 2016-07-26 2020-02-20
1000 SH BB&T CORPORATION P 2017-10-25 2020-02-20
1000 SH FEDERAL NATL MTG ASSOC P 2017-06-13 2020-02-20
1000 SH US TSY 2.25% P 2017-03-09 2020-02-20
1000 SH US TSY 3.125% P 2012-02-24 2020-02-20
1000 SH US TSY 2.375% P 2017-10-25 2020-02-20
1000 SH US TSY 2.875% P 2018-06-08 2020-02-20
1000 SH US TSY 2.625% P 2018-08-23 2020-02-20
1000 US TSY 3.5% P 2010-06-11 2020-02-20
18 SH AES CORP P 2018-10-03 2020-02-20
14 SH BP PLC SPON ADR P 2018-10-02 2020-02-20
12 SH CDW CORP P 2016-02-25 2020-02-03
12 SH DELTA AIR LINES INC P 2017-01-11 2020-02-20
193 SH DISH NETWORK CORPORATION P 2019-01-18 2020-02-12
21 SH D R HORTON INC P 2018-05-17 2020-02-20
35 SH E TRADE FINL CORP P 2017-10-03 2020-01-31
8 SH JPMORGAN CHASE & CO P 2015-06-10 2020-02-20
144 SH KAR AUCTION SERVICES INC P 2019-01-22 2020-02-11
3 SH LABORATORY CP AMER HOLDINGS P 2018-07-12 2020-02-20
11 SH MICROSOFT CORP P 2017-06-21 2020-02-20
69 SH NOVARTIS ADR P 2019-01-11 2020-02-25
2 SH O'REILLY AUTOMOTIVE INC P 2019-01-02 2020-02-20
52 SH PACKING CORP AMERICA P 2019-01-02 2020-02-20
413 SH REGIONS FINL CORP P 2017-12-19 2020-02-05
6 SH UNITEDHEALTH GROUP INC P 2014-10-27 2020-02-06
16 SH US BANCORP P 2012-07-26 2020-02-20
37 SH WALMART INC P 2018-08-03 2020-02-04
193 SH BLACKROCK STRATEGIC P 2014-03-04 2020-02-19
1000 SH AMN EXPRESS CO 3.4% P 2019-02-20 2020-02-20
1000 SH US TSY 2.875% P 2019-06-25 2020-02-20
5000 SH US TSY 2.875% P 2019-07-18 2020-02-05
2000 SH US TSY 3.125% P 2019-04-12 2020-02-20
1000 SH US TSY 1.5% P 2019-12-18 2020-02-20
5000 SH US TSY 1.625% P 2019-12-18 2020-02-25
31 SH KAR AUCTION SERVICES INC P 2019-07-09 2020-12-13
28 SH CDW CORP P 2016-02-29 2020-03-03
157 SH DELTA AIR LINES INC P 2017-01-12 2020-03-10
133 SH D R HORTON INC P 2018-05-17 2020-03-13
23 SH HUMANA INC P 2016-10-19 2020-03-17
37 SH JPMORGAN CHASE & CO P 2015-06-10 2020-02-28
228 SH MARATHON OIL CORP P 2019-01-16 2020-03-09
5 SH MICROSOFT CORP P 2017-06-21 2020-03-06
7 SH O'REILLY AUTOMOTIVE INC P 2019-01-02 2020-03-18
29 SH TRUIST FINL CORP P 2016-06-24 2020-03-09
23 SH US BANCORP P 2012-07-26 2020-03-03
2 SH HUMAN INC P 2019-07-23 2020-03-17
145 SH MARATHON OIL CORP P 2019-03-20 2020-03-10
12 SH VERIZON COMMUNICATIONS COM P 2019-03-29 2020-03-26
1000 SH AMN EXPRESS CO 3.4% P 2019-02-20 2020-04-07
2000 SH APPLE INC 3.35% P 2017-02-08 2020-04-07
2000 SH HOME DEPOT INC 3.9% P 2019-01-11 2020-04-07
1000 SH CITIGROUP INC 4.5% P 2011-11-17 2020-04-08
2000 SH GLAXOSMITHKLINE C 3.3% P 2018-06-08 2020-04-07
1000 SH JPMORGAN CHASE & 3.62% P 2014-09-16 2020-04-07
2000 SH ORACLE CORP 2.65% P 2016-10-28 2020-04-07
1000 SH WELLS FARGO & CO 2.1% P 2016-07-26 2020-04-07
2000 SH WALMART INC 3.4% P 2018-08-23 2020-04-07
1000 SH BANK OF NY MELLON CORP P 2016-09-23 2020-04-07
2000 SH BB&T CORPORATION P 2017-10-25 2020-04-07
2000 SH FEDERAL NATL MTG ASSOC P 2017-06-13 2020-04-07
2000 SH US TSY 2.25% P 2017-03-09 2020-04-07
2000 SH US TSY 3.125% P 2012-02-24 2020-04-07
1000 SH US TSY 3.00% P 2018-03-01 2020-04-07
1000 SH US TSY 2,375% P 2017-10-25 2020-04-07
1000 SH US TSY 2.875% P 2018-06-08 2020-04-07
1000 SH US TSY 2,625% P 2018-08-23 2020-04-07
4000 SH US TSY 2.625% P 2018-08-23 2020-04-28
1000 SH US TSY 4.5% P 2011-04-12 2020-04-07
1000 SH US TSY 3.5% P 2010-06-11 2020-04-07
14 SH ALTRIA GROUP INC P 2015-06-10 2020-04-08
16 SH ALL FINL INC P 2018-02-08 2020-04-08
2 SH ALPHABET INC SHS CL C P 2015-06-15 2020-04-01
20 SH AES CORP P 2018-10-03 2020-04-17
18 SH DOLLAR GENERAL P 2019-01-11 2020-04-13
20 SH D R HORTON INC P 2018-05-17 2020-03-13
12 SH LABORATORY CP AMER HLDGS P 2018-07-12 2020-04-28
24 SH LOWE'S COMPANIES INC P 2013-06-21 2020-04-16
36 SH MICROSOFT CORP P 2016-01-06 2020-04-28
15 SH NOVO NORDISK A S ADR P 2019-01-11 2020-04-28
2 SH O'REILLY AUTOMOTIVE INC P 2019-01-02 2020-03-16
29 SH VERIZON COMMUNICATIONS COM P 2019-03-29 2020-04-16
24 SH WALMART INC P 2017-08-17 2020-04-13
185 SH BLACKROCK STRATEGIC P 2014-03-04 2020-04-07
1000 SH US TSY 2.875% P 2019-06-25 2020-04-07
3000 SH US TSY 3.125% P 2019-04-12 2020-04-07
2000 SH US TSY 1.5% P 2019-12-18 2020-04-07
1000 SH US TSY 1.625% P 2020-02-05 2020-04-07
4000 SH US TSY 1.625% P 2020-02-05 2020-04-29
95 SH AES CORP P 2019-05-14 2020-04-17
3 SH ROSS STORES INC COM P 2020-03-24 2020-04-08
9 SH SANOFI ADR P 2020-03-20 2020-04-08
56 SH SONY CORP ADR NEW P 2020-04-08 2020-04-28
24 SH VERIZON COMMUNICATIONS COM P 2019-03-29 2020-03-26
5000 SH US TSY 3.5% P 2017-07-20 2020-05-15
31 SH D R HORTON INC P 2017-02-21 2020-05-20
77 SH MOLSON COORS BEVERAGE CO P 2019-03-05 2020-05-22
11 SH NOVO NORDISK A S ADR P 2019-01-11 2020-04-29
4 SH VERIZON COMMUNICATIONS COM P 2019-03-29 2020-05-13
29 SH MOLSON COORS BEVERAGE CO P 2020-04-08 2020-05-22
13 SH SONY CORP ADR NEW P 2020-04-08 2020-04-29
22 SH VERIZON COMMUNICATIONS COM P 2019-05-20 2020-05-13
25 SH DOLLAR GENERAL CORP P 2018-02-11 2020-06-15
10 SH LABORATORY CP AMER HLDGS P 2018-10-25 2020-06-16
24 SH NOVO NORDISK A S ADR P 2019-01-11 2020-05-29
58 SH VERIZON COMMUNICATIONS COM P 2019-06-14 2020-06-16
8 SH ALIBABA GROUP HOLDING LT P 2020-03-09 2020-06-15
13 SH FACEBOOK INC P 2020-02-20 2020-06-08
46 SH SONY CORP ADR NEW P 2019-07-01 2020-06-03
12 SH APPLE INC P 2016-03-31 2020-07-27
63 SH COMCAST CORP NEW CL A P 2015-06-15 2020-07-22
54 SH CITIGROUP INC COM NEW P 2012-06-18 2020-06-29
77 SH D R HORTON INC P 2018-06-12 2020-07-24
11 SH MICROSOFT CORP P 2015-11-18 2020-07-02
37 SH TAIWAN S MANUFCTRING ADR P 2018-09-10 2020-07-27
54 SH VERIZON COMMUNICATIONS COM P 2019-05-30 2020-07-02
30 SH VERIZON COMMUNICATIONS COM P 2019-07-30 2020-07-10
5 SH APPLE INC P 2016-03-31 2020-08-18
24 SH LOWE'S COMPANIES INC P 2018-05-16 2020-08-14
18 SH TAIWAN S MANUFCTRING ADR P 2018-10-31 2020-08-11
54 SH VERIZON COMMUNICATIONS COM P 2019-07-22 2020-08-11
2 SH BOOKING HLDGS INC P 2020-03-24 2020-08-27
10 SH FACEBOOK INC P 2020-02-10 2020-08-11
6000 SH WALMART INC 3.4% P 2018-08-23 2020-09-24
61SH ALTRIA GROUP INC P 2018-03-20 2020-09-02
156 SH AES CORP P 2018-10-02 2020-09-28
23 SH APPLE INC P 2016-06-10 2020-09-10
16 SH HUBBELL INC SHS P 2019-04-18 2020-09-22
74 SH PFIZER INC P 2017-04-12 2020-09-10
17 SH WALMART INC P 2017-07-26 2020-09-18
240 SH AES CORP P 2019-05-13 2020-10-19
22 SH HUBBELL INC SHS P 2019-03-07 2020-10-26
86 SH PFIZER INC P 2017-05-31 2020-10-27
51 SH BANCORP P 2013-01-14 2020-10-16
53 SH KONINKL PHIL NV SH NEW P 2020-02-20 2020-10-02
6000 SH US TSY 4.5% P 2019-04-12 2020-11-24
84 SH ALTRIA GROUP INC P 2019-03-05 2020-11-03
9 SH BIOGEN INC P 2018-02-16 2020-11-04
17 SH HUBBELL INC SHS P 2019-03-08 2020-11-17
164 SH PFIZER INC P 2017-05-31 2020-11-16
2 SH BIOGEN INC P 2020-04-08 2020-11-04
3 SH HUBBELL INC SHS P 2020-04-08 2020-11-17
18 SH PFIZER INC P 2020-04-08 2020-11-16
61 SH QUANTA SERVICES INC P 2020-04-29 2020-11-05
78 SH ALTRIA GROUP INC P 2019-10-29 2020-12-14
24 SH APPLE INC P 2016-06-10 2020-12-01
10 SH DOLLAR GENERAL CORP P 2018-12-11 2020-12-01
48 SH TRUIST FINL CORP P 2016-06-24 2020-12-15
90 SH US BANCORP P 2013-01-14 2020-12-01
21 SH QUANTA SERVICES INC P 2020-04-20 2020-12-15
7 SH ALTRIA GROUP P 2020-02-20 2020-12-14
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 3,620   1,228 2,392
b 1,327   1,958 -631
c 574   565 9
d 4,752   2,417 2,335
e 1,711   550 1,161
634   592 42
3,831   2,129 1,702
808   949 -141
3,044   3,522 -478
1,072   996 76
1,043   990 53
1,005   1,000 5
1,041   995 46
1,038   984 54
1,047   984 63
1,222   1,002 220
1,064   994 70
1,076   1,000 76
1,005   1,000 5
1,004   1,001 3
372   261 111
504   655 -151
1,595   465 1,130
703   616 87
7,502   6,106 1,396
1,295   867 428
1,521   1,538 -17
1,094   545 549
3,093   2,960 133
567   558 9
2,009   775 1,234
6,458   5,345 1,113
782   687 95
5,118   2,634 2,484
6,664   6,161 503
1,744   552 1,192
877   538 339
4,288   3,136 1,152
1,947   1,961 -14
1,059   1,002 57
1,203   1,073 130
5,508   5,328 180
2,267   2,091 176
1,006   989 17
5,063   4,992 71
692   612 80
3,304   1,101 2,203
6,832   7,616 -784
5,661   4,533 1,128
6,306   4,040 2,266
4,095   1,847 2,248
820   4,446 -3,626
798   336 462
2,019   2,312 -293
994   868 126
1,068   774 294
544   564 -20
523   2,509 -1,986
638   710 -72
1,040   1,002 38
2,176   2,018 158
2,231   2,055 176
1,039   993 46
2,111   1,998 113
1,066   996 70
2,063   1,980 83
999   1,000 -1
2,131   2,018 113
1,008   996 12
2,030   1,991 39
2,137   1,969 168
2,183   1,968 215
2,719   2,005 714
1,379   975 404
1,118   994 124
1,118   1,000 118
1,008   1,000 8
4,026   4,000 26
1,526   1,000 526
1,003   1,000 3
559   693 -134
245   443 -198
2,219   1,676 543
248   289 -41
3,115   2,020 1,095
757   825 -68
2,019   1,942 77
2,236   944 1,292
6,104   1,949 4,155
973   729 244
623   687 -64
1,656   1,715 -59
3,023   1,900 1,123
1,730   1,879 -149
1,361   1,073 288
3,596   3,134 462
2,089   1,978 111
1,023   1,003 20
4,094   4,012 82
1,178   1,531 -353
269   213 56
406   456 -50
3,471   3,004 467
1,277   1,419 -142
5,000   5,000  
1,615   925 690
2,820   4,880 -2,060
693   534 159
220   237 -17
1,060   1,560 -500
839   744 95
1,208   1,299 -91
4,659   2,660 1,999
1,713   1,684 29
1,564   1,165 399
3,282   3,396 -114
1,736   1,568 168
3,022   2,766 256
3,034   2,430 604
4,546   1,313 3,233
2,685   1,377 1,308
2,696   1,500 1,196
4,659   2,378 2,281
2,283   588 1,695
3,067   1,659 1,408
2,951   3,083 -132
1,641   1,701 -60
2,316   547 1,769
3,746   2,028 1,718
1,419   771 648
3,161   3,018 143
3,784   2,516 1,268
2,604   2,118 486
6,470   6,047 423
2,633   3,580 -947
2,800   2,189 611
2,919   547 2,372
2,182   1,984 198
2,660   2,506 154
2,320   1,218 1,102
4,704   3,407 1,297
3,179   2,617 562
3,191   2,903 288
1,994   1,704 290
2,474   2,522 -48
8,584   6,738 1,846
3,084   4,372 -1,288
2,649   2,673 -24
2,659   2,007 652
6,197   5,021 1,176
579   629 -50
469   357 112
667   618 49
3,918   2,203 1,715
3,235   3,769 -534
2,947   593 2,354
2,193   1,058 1,135
2,206   1,511 695
4,033   2,995 1,038
1,446   714 732
301   316 -15
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       2,392
b       -631
c       9
d       2,335
e       1,161
      42
      1,702
      -141
      -478
      76
      53
      5
      46
      54
      63
      220
      70
      76
      5
      3
      111
      -151
      1,130
      87
      1,396
      428
      -17
      549
      133
      9
      1,234
      1,113
      95
      2,484
      503
      1,192
      339
      1,152
      -14
      57
      130
      180
      176
      17
      71
      80
      2,203
      -784
      1,128
      2,266
      2,248
      -3,626
      462
      -293
      126
      294
      -20
      -1,986
      -72
      38
      158
      176
      46
      113
      70
      83
      -1
      113
      12
      39
      168
      215
      714
      404
      124
      118
      8
      26
      526
      3
      -134
      -198
      543
      -41
      1,095
      -68
      77
      1,292
      4,155
      244
      -64
      -59
      1,123
      -149
      288
      462
      111
      20
      82
      -353
      56
      -50
      467
      -142
       
      690
      -2,060
      159
      -17
      -500
      95
      -91
      1,999
      29
      399
      -114
      168
      256
      604
      3,233
      1,308
      1,196
      2,281
      1,695
      1,408
      -132
      -60
      1,769
      1,718
      648
      143
      1,268
      486
      423
      -947
      611
      2,372
      198
      154
      1,102
      1,297
      562
      288
      290
      -48
      1,846
      -1,288
      -24
      652
      1,176
      -50
      112
      49
      1,715
      -534
      2,354
      1,135
      695
      1,038
      732
      -15
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 67,875
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3 3,596
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 869
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 869
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 869
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a  
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 500
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 500
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 369
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletGA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletMARILYN TOWNLEY Telephone no.bullet (989) 479-6148

    Located atbullet132 STATE STHarbor BeachMI ZIP+4bullet48441
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
    No
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
    No
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    MARILYN S TOWNLEY TRUSTEE
    1.00     		0    
    132 STATE ST
    Harbor Beach,MI48441
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
     
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
     
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    808,299
    b
    Average of monthly cash balances.......................
    1b
    21,776
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    830,075
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    830,075
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    12,451
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    817,624
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    40,881
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    40,881
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    869
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    869
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    40,012
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    40,012
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    40,012
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    34,850
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    34,850
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    34,850
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 40,012
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 25,219
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 34,850
    a Applied to 2019, but not more than line 2a 25,219
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2020 distributable amount..... 25,219
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2020.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		14,793
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    JENNA ARNDT
    7930 PORTLAND AVENUE
    PORT HOPE,MI48468     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 500
    BROOKE ARNTZ
    307 FERRIS STREET
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,150
    ALICIA BOOMS
    7571 SECTION LINE RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 800
    DEREK BOOMS
    7571 SECTION LINE RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 900
    ELIZABETH BOOMS
    2664 SOUTH LAKESHORE RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 400
    GARRISON BOOMS
    303 SOUTH FOURTH STREET
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 350
    HANNAH BOOMS
    2664 SOUTH LAKESHORE RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 350
    NICOLE BOOMS
    7571 SECTION LINE RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 900
    ALEXIS BRAUN
    855 SOUTH RUTH RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,000
    JOCELYN BRAUN
    1983 BUHL RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 500
    JOHANNA BRAUN
    1983 BUHL RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 750
    CAITLIN BROWN
    680 LYTLE AVENUE
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 750
    ELIJAH CEPLECHA
    9677 EASTVIEW DRIVE
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 800
    GARRETT EMERICK
    170 FERRIS STREET
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 500
    CURTIS ESSENMACHER
    5765 SAND BEACH RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 300
    HALLIE ESSENMACHER
    390 NORTH KLUG RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,100
    HAYLIE ESSENMACHER
    390 NORTH KLUG RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 400
    EMILY GEIGER
    6947 SAND BEACH RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 750
    MORGAN GUST
    7364 DOBSON RD
    PORT HOPE,MI48468     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 350
    ALYSSA GUZA
    1001 SOUTH MCDONALD RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 350
    LAKEN GUZA
    1001 SOUTH MCDONALD RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 450
    SEAN HESSLING
    6875 MINNICK RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 750
    MADISON HIRN
    475 NORTH SCOTT RD
    BAD AXE,MI48413     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 350
    ALLISON HOLDWICK
    1283 SCHOCK RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 700
    CHRIS KEYES
    158 NORTH SECOND STREET
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 900
    JOSH KEYES
    158 NORTH SECOND STREET
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,000
    BRADY KIRSCH
    9672 CHERRY DRIVE
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 850
    ZAYNE KLASKI
    305 SOUTH KLUG RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 350
    MADISON KOWELESKI
    1700 PORT HOPE RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 400
    KINSEY KRAMER
    8160 JENKS RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 350
    DANIEL LANFEAR
    138 FAIRWAY DRIVE
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 350
    MARGARET LANFEAR
    138 FAIRWAY DRIVE
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 300
    KARA MAURER
    413 KIPPER RD
    BAD AXE,MI48413     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,150
    KEVIN MAURER
    6573 LEARMAN RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 400
    ABBY PAWLOWSKI
    102 SOUTH KLUG RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 350
    MEGAN PAWLOWSKI
    102 SOUTH KLUG RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 400
    VICTORIA PAWLOWSKI
    428 LYTLE AVENUE
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 750
    HAILEY PFAFF
    201 SOUTH THIRD STREET
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 400
    AUSTIN ROBERTS
    8462 SECTION LINE RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 800
    DAVID ROGGENBUCK
    268 NELSON STREET
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,000
    JAMES SCHELKE
    222 NORTHWOOD DRIVE
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 700
    JOSHUA SCHELKE
    222 NORTHWOOD DRIVE
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 400
    RACHAEL SCHELKE
    222 NORTHWOOD DRIVE
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 750
    DANIELLE SIEMEN
    1732 BUHL RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,400
    LUKE SIEMEN
    8741 JENKS RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 350
    RYAN STALKER
    745 LYTLE AVENUE
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 500
    ALLISON STEIN
    5062 EDWARDS RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 350
    KATELYN STEIN
    5062 EDWARDS RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 400
    KIRSTEN STEIN
    7770 PRIEMER RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 750
    EMILY STROZESKI
    7799 VANS RD
    PORT HOPE,MI48468     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 300
    HALEY TALASKI
    180 SOUTH RUTH RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLASHIP FOR CONTINUING EDUCATION 850
    ASHLEY WEBER
    8812 SCHOCK RD
    MINDEN CITY,MI48456     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 900
    GRACE WEBER
    8270 MAPLE GROVE RD
    MINDEN CITY,MI48456     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 750
    JESSICA WEBER
    8812 SCHOCK RD
    MINDEN CITY,MI48456     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 800
    MAE WOODKE
    701 LYTLE AVENUE
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 750
    Total .................................bullet 3a 34,850
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....         15,761
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		        67,875
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..     83,636
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    83,636
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    COMMANDER AND MRS ROBERT KRAUSE FOUNDATION
    EIN:
    52-7317516
    Name of Bond End of Year Book Value End of Year Fair Market Value
    3000 SH WELLS FARGO & COMPANY 3,000 3,030
    1000 SH CITIGROUP INC 957 1,043
    1000 SH CITIGROUP INC 957 1,043
    1000 SH CIIGROUP INC 1,014 1,043
    6000 SH GLAXOSMITHKLINE CAPITAL 5,993 6,428
    2000 SH BANK OF NY MELLON CORP 1,992 2,095
    1000 SH BANK OF NY MELLON CORP 980 1,047
    7000 SH AMERICAN EXPRESS 7,009 7,597
    5000 SH JPMORGAN CHASE & CO 4,982 5,528
    1000 SH JPMORGAN CHASE & CO 1,020 1,106
    6000 SH BB&T CORPORATION 5,973 6,493
    4000 SH MORGAN STANLEY 4,027 4,225
    5000 SH ORACLE CORP 4,950 5,495
    1000 SH ORACLE CORP 981 1,099
    6000 SH APPLE INC 6,048 6,845
    6000 SH HOME DEPOT INC 6,153 7,219
    4000 SH ANHEUSER-BUSCH INBEV WOR 4,271 4,633
    6000 SH COMCAST CORP 5,992 6,162
    8000 SH BAT CAPITAL CORP 7,964 8,286

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    COMMANDER AND MRS ROBERT KRAUSE FOUNDATION
    EIN:
    52-7317516
    Name of Stock End of Year Book Value End of Year Fair Market Value
    40 SH ALIBABA GROUP HOLDING LT 7,139 9,309
    291 SH ALLY FINL INC 8,288 10,377
    12 SH ALPHABET INC SHS CL C 6,291 21,023
    11 SH ALPHABET INC SHS CL A 3,725 19,279
    65 SH ALTRIA GROUP INC 2,813 2,665
    8 SH AMAZON COM INC COM 14,429 26,055
    38 SH ANTHEM INC 11,146 12,201
    345 SH APPLE INC 9,881 45,778
    151 SH APPLIED MATERIAL INC 9,223 13,031
    297 SH AXALTA COATING SYSTEMS 7,027 8,479
    308 SH BAE SYS PLC SPN ADR 8,267 8,362
    80 SH BERKSHIRE HATHAWAY INC 14,694 18,550
    19 SH BIOGEN INC 5,233 4,652
    240 SH BP PLC SPON ADR 8,982 4,925
    37 SH CAPITAL ONE FINL 3,379 3,657
    97 SH CBRE GROUP INC 4,741 6,084
    178 SH CDK GLOBAL INC SHS 9,457 9,226
    100 SH CHEVRON CORP 11,475 8,445
    75 SH CIENA CORP 3,448 3,964
    319 SH CISCO SYSTEMS INC COM 8,457 14,275
    215 SH COCA COLA COM 10,637 11,791
    186 SH COGNIZANT TECH SOLUTNS A 12,053 15,243
    311 SH COMCAST CORP NEW CL A 6,170 16,296
    188 SH CONOCOPHILLIPS 9,202 7,518
    437 SH CORTEVA INC REG SHS 11,905 16,921
    26 SH DOLLAR GENERAL CORP 3,141 5,468
    142 SH DOLLAR TREE INC 13,843 15,342
    78 SH FACEBOOK INC 15,820 21,306
    34 SH FLEETCOR TECHNOLOGIS INC 8,652 9,276
    138 SH FORTIVE CORP 8,126 9,773
    313 SH FOX CORP REG SHS CL A 9,951 9,115
    322 SH GENERAL MOTORS CO 10,234 13,408
    11 SH HUMANA INC 4,753 4,513
    53 SH INTERCONTINENTAL 5,732 6,110
    126 SH JPMORGAN CHASE & CO 4,568 16,011
    153 SH KONNINKL PHIL NV SH NEW 6,097 8,288
    70 SH LABORATORY CP AMER HLDGS 8,245 14,249
    48 SH LOWE'S COMPANIES INC 2,903 7,704
    196 SH MICROSOFT CORP 9,263 43,594
    189 MORGAN STANLEY 8,943 12,952
    45 SH NORFOLK SOUTHERN CORP 5,459 10,692
    97 SH NOVO NORDISK A S ADR 4,809 6,775
    27 SH NXP SEMICONDUCTORS N.V. 2,958 4,293
    20 SH O'REILLY AUTOMOTIVE INC 5,973 9,051
    115 SH OTIS WORLDWIDE CORP REG 5,435 7,768
    163 SH QUANTA SERVICES INC 4,635 11,739
    71 SH RAYMOND JAMES FINL INC 6,205 6,793
    46 SH REINSURANCE GROUP AMERICA 4,795 5,331
    160 SH ROBERTHALF INTL INC COM 7,100 9,997
    80 SH ROSS STORES INC COM 6,701 9,825
    236 SH SANOFI ADR 11,286 11,467
    152 SH TAIWAN S MANUFACTURING ADR 5,840 16,574
    80 SH TRUIST FINL CORP 2,470 3,834
    207 SH UNILEVER PLC NEW ADR 11,776 12,495
    56 SH UNITEDHEALTH GROUP INC 9,221 19,638
    93 SH VISA INC CL A SHRS 17,228 20,342
    661 SH VODAPHONE GROUP PLC SHS 9,100 10,893
    55 SH VONTIER CORP 1,403 1,837
    67 SH WALMART INC 5,255 9,658

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    COMMANDER AND MRS ROBERT KRAUSE FOUNDATION
    EIN:
    52-7317516
    US Government Securities - End of Year Book Value:

    84,583
    US Government Securities - End of Year Fair Market Value:

    94,268
    State & Local Government Securities - End of Year Book Value:


     
    State & Local Government Securities - End of Year Fair Market Value:


     


    TY 2020 InvestmentsOtherSchedule2
    Name:
    COMMANDER AND MRS ROBERT KRAUSE FOUNDATION
    EIN:
    52-7317516
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    951 SH BLACKROCK STRATEGIC   9,596 9,862

    TY 2020 LegalFeesSchedule
    Name:
    COMMANDER AND MRS ROBERT KRAUSE FOUNDATION
    EIN:
    52-7317516
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TRUST FEES 13,222 13,222 13,222  
    TRUSTEES FEES 7,365 7,365 7,365  
    TAX PREPARATION FEE 270 270 270  


    TY 2020 TaxesSchedule
    Name:
    COMMANDER AND MRS ROBERT KRAUSE FOUNDATION
    EIN:
    52-7317516
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    2019 TAX 263 263 263