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
THE KAREN & DREW PESLAR FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)401 SOUTH OLD WOODWARD NO 433
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BIRMINGHAM, MI48009
A Employer identification number

38-3374272
B Telephone number (see instructions)

(248) 594-6294
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$7,641,276J 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) 210,065
2 Check bullet.............
3 Interest on savings and temporary cash investments 3,259 3,259  
4 Dividends and interest from securities... 82,119 82,119  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 134,003
b Gross sales price for all assets on line 6a 2,503,504
7 Capital gain net income (from Part IV, line 2)... 134,003
8 Net short-term capital gain.........  
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)....... Click to see attachment 202 202  
12 Total. Add lines 1 through 11........ 429,648 219,583  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 18,000 0   18,000
14 Other employee salaries and wages...... 53,530 13,383   34,795
15 Pension plans, employee benefits....... 9,383 2,346   6,099
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 3,800 1,900   1,900
c Other professional fees (attach schedule).... Click to see attachment 52,049 52,049   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 4,139 2,766   0
19 Depreciation (attach schedule) and depletion... Click to see attachment 363 120  
20 Occupancy.............. 39,032 9,758   25,371
21 Travel, conferences, and meetings....... 665 0   665
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 8,734 1,006   7,336
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 189,695 83,328   94,166
25 Contributions, gifts, grants paid....... 425,492 415,492
26 Total expenses and disbursements. Add lines 24 and 25 615,187 83,328   509,658
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -185,539
b Net investment income (if negative, enter -0-) 136,255
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............. 124,755 170,064 170,064
2 Savings and temporary cash investments.........      
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)      
b Investments—corporate stock (attach schedule)....... 5,744,847 Click to see attachment5,398,314 7,390,322
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 0 Click to see attachment0 75,966
14 Land, buildings, and equipment: basis bullet95,075
Less: accumulated depreciation (attach schedule) bullet93,034 106 Click to see attachment2,041 2,041
15 Other assets (describe bullet) Click to see attachment2,883 Click to see attachment2,883 Click to see attachment2,883
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 5,872,591 5,573,302 7,641,276
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) Click to see attachment221,449 Click to see attachment228,174
23 Total liabilities (add lines 17 through 22)......... 221,449 228,174
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........ 7,466,227 7,466,227
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds -1,815,085 -2,121,099
29 Total net assets or fund balances (see instructions)..... 5,651,142 5,345,128
30 Total liabilities and net assets/fund balances (see instructions). 5,872,591 5,573,302
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
5,651,142
2
Enter amount from Part I, line 27a .....................
2
-185,539
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
5,465,603
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
120,475
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
5,345,128
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 SCHWAB #8056 P    
b SCHWAB #8056 P    
c
d
e
(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 1,937,489   1,848,500 88,989
b 566,015   521,001 45,014
c
d
e
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       88,989
b       45,014
c
d
e
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 2 134,003
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  
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 1,894
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 0
3 Add lines 1 and 2........................... 3 1,894
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 1,894
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 4,680
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 4,680
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 2,786
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet2,786 RefundedBullet 11 0
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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
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)
    bulletMI
    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 ofbulletDREW PESLAR Telephone no.bullet (248) 594-6294

    Located atbullet401 SOUTH OLD WOODWARD NO 433BIRMINGHAMMI ZIP+4bullet48009
    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
     
     
    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
     
     
    .........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
    DREW PESLAR CHAIRMAN
    15.00     		0 0 0
    401 SOUTH OLD WOODWARD SUITE 433
    BIRMINGHAM,MI48009
    KAREN PESLAR DIRECTOR/TREASURER
    4.00     		0 0 0
    401 SOUTH OLD WOODWARD SUITE 433
    BIRMINGHAM,MI48009
    SAMANTHA DURAKOVIC DIRECTOR/SECRETARY
    7.00     		18,000 0 0
    401 SOUTH OLD WOODWARD SUITE 433
    BIRMINGHAM,MI48009
    VIRGINIA WEBSTER-SMITH PRESIDENT/EXECUTIVE DIRECT
    32.00     		53,530 5,000 0
    401 SOUTH OLD WOODWARD SUITE 433
    BIRMINGHAM,MI48009
    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
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    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
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    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.........................bullet0
    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
    6,162,210
    b
    Average of monthly cash balances.......................
    1b
    246,706
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    6,408,916
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    6,408,916
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    96,134
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    6,312,782
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    315,639
    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
    315,639
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    1,894
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,894
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    313,745
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    313,745
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    313,745
    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
    509,658
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    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) Click to see attachment.................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    509,658
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    509,658
    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 7 313,745
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017...... 7,286
    d From 2018...... 33,572
    e From 2019......  
    fTotal of lines 3a through e........ 40,858
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 509,658
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 313,745
    e Remaining amount distributed out of corpus 195,913
    5 Excess distributions carryover applied to 2020. 0 0
    (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 5 236,771
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    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......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    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) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		236,771
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017.... 7,286
    c Excess from 2018.... 33,572
    d Excess from 2019....  
    e Excess from 2020.... 195,913
    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).)
    DREW PESLAR
    KAREN PESLAR
    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
    DETROIT HISTORICAL SOCIETY
    5401 WOODWARD AVENUE
    DETROIT,MI48202     		  PC FOR EDUCATIONAL PROGRAMMING 55,000
    DETROIT AUDUBON
    4605 CASS AVENUE
    DETROIT,MI48201     		  PC FOR EDUCATIONAL PROGRAMMING 10,000
    THE PEWABIC SOCIETY
    10125 EAST JEFFERSON
    DETROIT,MI48214     		  PC FOR EDUCATIONAL PROGRAMMING 5,000
    LOYOLA HIGH SCHOOL
    15325 PINEHURST
    DETROIT,MI48238     		  PC FOR EDUCATIONAL PROGRAMMING 181,328
    HARSENS ISLAND ST CLAIR FLATS HISTORICAL SOCIETY
    PO BOX 44
    HARSENS ISLAND,MI48028     		  PC FOR PROGRAMMING 5,000
    POPE FRANCIS CENTER
    438 ST ANTOINE STREET
    DETROIT,MI48226     		  PC FOR HUMAN SERVICES AND COMMUNITY ASSISTANCE 15,000
    KIDS ON THE GO
    128 SUNNINGDALE DR
    GROSSE POINTE WOODS,MI48238     		  PC FOR YOUTH THERAPY PROGRAMMING 5,000
    FURNITURE BANK OF SOUTHEASTERN MICHIGAN
    333 NORTH PERRY
    PONTIAC,MI48342     		  PC FOR ASSISTANCE TO NEEDY FAMILIES 7,500
    COMMUNITY FOUNDATION FOR SE MI
    333 W FORT STREET STE 2010
    DETROIT,MI48226     		  PC FOR ENVIRONMENTAL AND COMMUNITY REVITALIZATION PROJECTS 15,000
    CRANBROOK INSTITUTE OF SCIENCE
    PO BOX 801
    BLOOMFIELD HILLS,MI48303     		  PC FOR EDUCATIONAL PROGRAMMING 6,664
    FORGOTTEN HARVEST
    21800 GREENFIELD ROAD
    OAK PARK,MI48237     		  PC FOR ASSISTANCE TO NEEDY FAMILIES 20,000
    MICHIGAN HUMANE SOCIETY
    3600 AUBURN ROAD
    ROCHESTER HILLS,MI48309     		  PC FOR ANIMAL SHELTER PROGRAMS AND SUPPORT 10,000
    ANGEL'S PLACE
    29299 FRANKLIN RD STE 2
    SOUTHFIELD,MI48034     		  PC FOR ASSISTANCE TO DEVELOPMENTALLY CHALLENGED ADULT PROGRAMS 10,000
    BEYOND BASICS
    18000 WEST NINE MILE ROAD STE 450
    SOUTHFIELD,MI48075     		  PC FOR EDUCATIONAL PROGRAMMING 5,000
    UNIVERSITY OF MICHIGAN
    909 S UNIVERSITY AVE
    ANN ARBOR,MI48109     		  PC FOR EDUCATIONAL PROGRAMMING 5,000
    THE COMMUNITY HOUSE
    350 SOUTH BATES STREET
    BIRMINGHAM,MI48009     		  PC FOR INFRASTRUCTURE AND CAPITAL BUDGET FUNDING 30,000
    THE BEAUMONT HEALTH FOUNDATION - FIRST WORDS SOCIETY
    3711 WEST THIRTEEN MILE ROAD
    ROYAL OAK,MI48073     		  PC FOR PEDIATRIC THERAPY PROGRAMMING 5,000
    MICHIGAN NATURE ASSOCIATION
    2310 SCIENCE PARKWAY STE 100
    OKEMOS,MI48864     		  PC FOR PROGRAMMING 5,000
    MICHIGAN OPERA THEATRE
    1526 BROADWAY
    DETROIT,MI48226     		  PC FOR PROGRAMMING 5,000
    GLEANERS COMMUNITY FOOD BANK
    2131 BEAUFAIT
    DETROIT,MI48207     		  PC FOR ASSISTANCE TO NEEDY FAMILIES 10,000
    DETROIT ZOOLOGICAL SOCIETY
    8450 WEST TEN MILE ROAD
    ROYAL OAK,MI48067     		  PC FOR PROGRAMMING 5,000
    THE NATURE CONSERVANCY - MICHIGAN CHAPTER
    101 EAST GRAND RIVER
    LANSING,MI48906     		  PC FOR PROGRAMMING 10,000
    Total .................................bullet 3a 425,492
    bApproved for future payment
    Total .................................bullet 3b 0
    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 ...........     		    14 3,259  
    4 Dividends and interest from securities....     14 82,119  
    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.....     14 202  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 134,003  
    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).. 0 219,583 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    219,583
    (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
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2020
    Name of the organization
    THE KAREN & DREW PESLAR FOUNDATION
     
    Employer identification number

    38-3374272
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    THE KAREN & DREW PESLAR FOUNDATION
          		Employer identification number
    38-3374272
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    DREW AND KAREN PESLAR
    401 SOUTH OLD WOODWARD SUITE 433
     
    BIRMINGHAM, MI48009

    		$ 210,065


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    THE KAREN & DREW PESLAR FOUNDATION
          		Employer identification number

    38-3374272
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 MARKETABLE SECURITIES. $ 210,065 2020-10-27
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    THE KAREN & DREW PESLAR FOUNDATION
          		Employer identification number

    38-3374272
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2020 AccountingFeesSchedule
    Name:
    THE KAREN & DREW PESLAR FOUNDATION
    EIN:
    38-3374272
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 3,800 1,900   1,900

    TY 2020 CashDistributionExplnStmt
    Name:
    THE KAREN & DREW PESLAR FOUNDATION
    EIN:
    38-3374272
    Explanation:
    STATEMENT PURSUANT TO TREAS. REGS. 53.4942(A)-(3)(B)(7)(II):THE KAREN AND DREW PESLAR FOUNDATION MADE CERTAIN SET-ASIDES DURING THE 2018 TAX YEAR TO FUND FUTURE PROJECTS:THE FOUNDATION IS OUTSIDE OF THE START-UP PERIOD. THE DISTRIBUTABLE AMOUNT FOR THE 2020 TAX YEAR, A FULL-PAYMENT PERIOD, IS $315,639. THE ACTUAL AMOUNTS PAID DURING THE 2019 TAX YEAR, A FULL-PAYMENT PERIOD, WERE $559,658 INCLUDING $20,000 TOWARD 2018 SET ASIDES AND $20,000 TOWARD 2019 SET ASIDES. THE PRIVATE FOUNDATION HAS ALWAYS SATISFIED THE MINIMUM DISTRIBUTION REQUIREMENTS OF SECTION 4942.

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2020 DepreciationSchedule
    Name:
    THE KAREN & DREW PESLAR FOUNDATION
    EIN:
    38-3374272
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    RUG 2009-03-19 2,950 2,950 SL 7.000000000000 0 0    
    SHELVING 2009-03-24 671 671 SL 7.000000000000 0 0    
    IMPROVEMENTS 2009-02-24 25,826 25,826 SL 7.000000000000 0 0    
    IMPROVEMENTS 2009-03-26 22,410 22,410 SL 7.000000000000 0 0    
    COMPUTER EQUIPMENT 2014-07-08 3,142 3,142 SL 5.000000000000 0 0    
    PRINTER 2016-02-15 404 297 SL 5.000000000000 95 0    
    COMPUTER 2020-05-27 2,299   ADS 5.000000000000 268 0    

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    THE KAREN & DREW PESLAR FOUNDATION
    EIN:
    38-3374272
    Name of Stock End of Year Book Value End of Year Fair Market Value
    50000 SHS US TREASURY BILL 20 49,974 49,998
    1000 SHS ABBOTT LABORATORIES 87,508 109,490
    100 SHS ABIOMED INC 31,191 32,420
    350 SHS ACCENTURE PLC 68,305 91,423
    1175 SHS AGILENT TECHNOLOGIES 95,655 139,226
    260 SHS ALIBABA GROUP HOLDING F 44,741 60,510
    64 SHS ALPHABET INC CLASS A 75,230 112,169
    4 SHS ALPHABET INC CLASS C 1,225 7,008
    30 SHS AMAZON.COM INC 34,954 97,708
    125 SHS AMEDISYS INC 25,765 36,666
    975 SHS AMPHENOL CORP 109,414 127,501
    1740 SHS APPLE INC 91,039 230,881
    400 SHS APTARGROUP INC 46,604 54,756
    180 SHS ASML HLDGS NV F 39,214 87,790
    900 SHS BALL CORP 60,423 83,862
    475 SHS BAXTER INTERNATIONAL 40,225 38,114
    150 SHS BECTON DICKINSON & CO 38,641 37,533
    225 SHS BLACKROCK INC 113,004 162,346
    259 SHS BOEING CO 51,807 55,442
    325 SHS BROADCOM INC 77,952 142,301
    637 SHS BROOKFIELD ASSET MGM F 21,000 26,289
    525 SHS CANADIAN NATL RAILWAY F 50,076 57,671
    1750 SHS CAPGEMINI S E F 44,507 53,952
    250 SHS CHECK PT SOFTWARE F 27,516 33,227
    925 SHS CHEGG INC 41,111 83,555
    375 SHS CHEVRON CORPORATION 44,766 31,669
    275 SHS CHUBB LTD F 42,452 42,328
    1600 SHS COMCAST CORPORATION 64,557 83,840
    275 SHS COSTCO WHOLESALE CO 80,166 103,614
    1125 SHS CVS HEALTH CORP 71,108 76,837
    300 SHS DASSAULT SYSTEM S A F 39,939 61,101
    450 SHS DBS GROUP HOLDINGS LIM F 31,441 34,222
    33 SHS DEERE&CO 3,519 8,879
    150 SHS DIAGEO PLC 25,331 23,822
    1800 SHS DISCOVER FINANCIAL SERVICES 123,488 162,954
    325 SHS EDWARDS LIFESCIENCES 10,372 29,650
    160 SHS EPAM SYSTEMS INC 29,741 57,336
    400 SHS ESTEE LAUDER CO INC 74,767 106,476
    275 SHS EURONET WORLDWIDE 40,026 39,853
    2150 SHS EXPERIAN PLC F 71,943 81,614
    796 SHS EXXON MOBIL CORPORATION 59,641 32,811
    250 SHS FACEBOOK INC 43,343 68,290
    10 SHS FACTSET RESEARCH SYSTEM 1,719 3,325
    825 SHS FASTENAL CO 25,449 40,285
    100 SHS FLEETCOR TECHNOLOGIES 28,437 27,283
    275 SHS GENERAL DYNAMICS CORP 50,485 40,926
    812 SHS GLOBAL PAYMENTD INC GPN 111,078 174,921
    1250 SHS GRACO INC 77,217 90,437
    750 SHS GRUPO AEROPORTUARIO DE F 37,242 38,760
    155 SHS GUIDEWIRE SOFTWARE 16,124 19,953
    1100 SHS HDFC BANK LTD F 56,895 79,486
    425 SHS HOME DEPOT INC 100,187 112,889
    125 SHS ICON PLC F 25,253 24,373
    150 SHS IDEXX LABS INC 40,855 74,981
    83 SHS INTUITIVE SURGICAL 48,469 67,902
    412 SHS JOHNSON & JOHNSON CMN 55,749 64,841
    170 SHS LINDE PLC F 42,698 44,797
    325 SHS MARSH & MC LENNAN CO 31,666 38,025
    300 SHS MC CORMICK & CO INC 23,800 28,680
    1124 SHS MICROSOFT CORP 119,521 250,000
    1500 SHS MONDELEZ INTL 82,609 87,705
    245 SHS MONOLITHIC POWER SYSTEM 37,650 89,726
    225 SHS NESTLES A F 24,009 26,505
    500 SHS NEW ORIENTAL EDUCATION F 54,898 92,905
    750 SHS NIKE INC 65,871 106,102
    320 SHS NVIDIA CORP 59,274 167,104
    300 SHS OMNICELL INC 22,199 36,006
    225 SHS PALO ALTO NETWORKS 52,780 79,963
    300 SHS PAYPAL HOLDINGS INCORPORATED 32,440 70,260
    125 SHS PENUMBRA INC 21,178 21,875
    525 SHS PEPSICO INC 68,052 77,857
    195 SHS PROOFPOINT INC 24,679 26,600
    46 SHS QUALCOMM INC 2,375 7,008
    10 SHS REGENERON PHARMS INC 3,569 4,831
    450 SHS REINSURANCE GP AMER 55,451 52,155
    850 SHS REPUBLIC SERVICES 73,164 81,855
    140 SHS ROCHE HLDG AG F 5,083 6,138
    775 SHS ROSS STORES INC 84,394 95,178
    237 SHS SALESFORCE COM 32,947 52,740
    2000 SHS SCHLUMBERGER LTD F 51,323 43,660
    135 SHS SERVICE NOW INC 48,241 74,308
    250 SHS SIGNATURE BANK 28,777 33,822
    180 SHS SPLUNK INC 24,840 30,580
    1044 SHS STARBUCKS CORP 95,643 111,687
    195 SHS STRYKER CORP 41,907 47,783
    650 SHS TAIWAN SEMICONDUCTOR 27,502 70,876
    1225 SHS TECHTRONIC INDS LTD F 45,343 87,416
    1525 SHS TELUS CORP 27,332 30,195
    1150 SHS TENCENT HOLDINGS 58,002 82,673
    550 SHS TORONTO-DOMINION BK F 31,203 31,031
    75 SHS TYLER TECHNOLOGIES 19,150 32,739
    450 SHS UNILEAVER NV 26,263 27,162
    400 SHS UNION PACIFIC CORP 74,052 83,288
    350 SHS UNITED HEALTH GRP INC 78,244 122,738
    200 SHS VERTEX PHARMACEUTICA 36,445 47,268
    494 SHS VISA INC 78,613 108,053
    300 SHS W E C ENERGY GROUP INC 25,986 27,609
    500 SHS W N S HOLDINGS LIMITED F 30,302 36,025
    28 SHS WALT DISNEY CO 3,276 5,073
    300 SHS WEST PHARM SRVC INC 29,604 84,993
    225 SHS WORKDAY INC 47,792 53,912
    650 SHS ZENDESK INC 63,212 93,028
    525 SHS ZOETIS INC 61,471 86,888
    475 SHS ISHARES CHINA LARGE CAP 19,584 22,054
    300 SHS ISHARES MSCI EAFE ETF 19,406 21,888
    1650 SHS ISHARES MSCI EMERGING 75,486 85,255
    3100 SHS ISHARES MSCI EUROPE 52,918 54,374
    400 SHS ISHARES MSCI JAPAN ETF 22,370 27,024
    5590 SHS SELECT STR FINANCIAL 148,857 164,793
    425 SHS WISDOMTREE EUROPE HEDGED 27,695 28,177
    100 SHS AMERN TOWER CORP 21,358 22,446
    70 SHS EQUINIX INC 36,970 49,993

    TY 2020 InvestmentsOtherSchedule2
    Name:
    THE KAREN & DREW PESLAR FOUNDATION
    EIN:
    38-3374272
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    WHITEHALL STREET INTL REAL ESTATE- 2008 (BOOK VALUE ON LINE 22) FMV 0 157
    GS DISTRESSED OPPORTUNITIES FUND (BOOK VALUE ON LINE 22) FMV 0 75,809

    TY 2020 LandEtcSchedule2
    Name:
    THE KAREN & DREW PESLAR FOUNDATION
    EIN:
    38-3374272
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    RUG 2,950 2,950 0  
    SHELVING 671 671 0  
    IMPROVEMENTS 25,826 25,826 0  
    IMPROVEMENTS 22,410 22,410 0  
    COMPUTER EQUIPMENT 3,142 3,142 0  
    PRINTER 404 392 12  
    COMPUTER 2,299 268 2,031  


    TY 2020 OtherAssetsSchedule
    Name:
    THE KAREN & DREW PESLAR FOUNDATION
    EIN:
    38-3374272
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DEPOSITS 2,883 2,883 2,883


    TY 2020 OtherDecreasesSchedule
    Name:
    THE KAREN & DREW PESLAR FOUNDATION
    EIN:
    38-3374272
    Description Amount
    ADJUSTMENT TO COST BASIS OF SECURITIES CONTRIBUTED 120,475


    TY 2020 OtherExpensesSchedule
    Name:
    THE KAREN & DREW PESLAR FOUNDATION
    EIN:
    38-3374272
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TELEPHONE 1,960 490   1,274
    MISCELLANEOUS 21 21   0
    OFFICE SUPPLIES 1,184 296   770
    POSTAGE AND DELIVERY 262 66   170
    BANK SERVICE CHARGES 14 0   14
    GENERAL LIABILITY 4,763 0   4,763
    COMPUTER REPAIRS 530 133   345


    TY 2020 OtherIncomeSchedule2
    Name:
    THE KAREN & DREW PESLAR FOUNDATION
    EIN:
    38-3374272
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    MISCELLANEOUS INVESTMENT INCOME 202 202 202


    TY 2020 OtherLiabilitiesSchedule
    Name:
    THE KAREN & DREW PESLAR FOUNDATION
    EIN:
    38-3374272
    Description Beginning of Year - Book Value End of Year - Book Value
    PAYROLL WITHHOLDINGS 2,428 2,774
    BKRG ACCT ASSETS WITH NEGATIVE BASIS 219,021 225,400


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    THE KAREN & DREW PESLAR FOUNDATION
    EIN:
    38-3374272
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES 52,049 52,049   0


    TY 2020 TaxesSchedule
    Name:
    THE KAREN & DREW PESLAR FOUNDATION
    EIN:
    38-3374272
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 1,373 0   0
    FOREIGN TAXES 2,766 2,766   0