Form990-PF
Click to see attachment

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
SARVER CHARITABLE TRUST
C/O THE PEOPLES BANK
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 307
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SMITH CENTER, KS66967
A Employer identification number

48-6298990
B Telephone number (see instructions)

(785) 282-6682
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$14,856,985J 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 2,567 2,567  
4 Dividends and interest from securities... 288,360 288,360  
5a Gross rents............ 41,600 41,600  
b Net rental income or (loss) 41,600
6a Net gain or (loss) from sale of assets not on line 10 3,977
b Gross sales price for all assets on line 6a 3,521,370
7 Capital gain net income (from Part IV, line 2)... 3,977
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 98,835 98,835  
12 Total. Add lines 1 through 11........ 435,339 435,339  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 54,825 32,131   22,694
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 3,600     3,600
b Accounting fees (attach schedule)....... Click to see attachment 4,200     4,200
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 37,895 37,895    
19 Depreciation (attach schedule) and depletion... Click to see attachment 445 445  
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 36,727 36,727    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 137,692 107,198   30,494
25 Contributions, gifts, grants paid....... 715,196 728,872
26 Total expenses and disbursements. Add lines 24 and 25 852,888 107,198   759,366
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -417,549
b Net investment income (if negative, enter -0-) 328,141
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............. 400    
2 Savings and temporary cash investments......... 445,662 374,309 374,309
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) 3,579,265 Click to see attachment1,825,298 1,912,536
b Investments—corporate stock (attach schedule)....... 2,304,408 Click to see attachment2,201,287 3,649,376
c Investments—corporate bonds (attach schedule)....... 849,094 Click to see attachment2,343,812 2,438,873
11 Investments—land, buildings, and equipment: basis bullet805,148
Less: accumulated depreciation (attach schedule) bullet21,105 784,488 Click to see attachment784,043 6,462,112
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment16,435 Click to see attachment19,779 Click to see attachment19,779
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 7,979,752 7,548,528 14,856,985
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable................. 160,511 146,836
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)......... 160,511 146,836
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........ 6,433,342 6,433,342
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 1,385,899 968,350
29 Total net assets or fund balances (see instructions)..... 7,819,241 7,401,692
30 Total liabilities and net assets/fund balances (see instructions). 7,979,752 7,548,528
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
7,819,241
2
Enter amount from Part I, line 27a .....................
2
-417,549
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
7,401,692
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
7,401,692
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 CAPITAL GAIN DISTRIBUTION P    
b CORE LABORATORIES P 2020-03-26 2020-04-27
c BROWARD CNTY FL P 2015-06-23 2020-10-01
d MASTERCARD INC P 2016-04-08 2020-01-30
e LANSING MI GO BAB P 2011-01-03 2020-05-01
ALIGN TECHNOLOGY P 2020-04-15 2020-05-08
ALPHABET INC P 2016-04-22 2020-03-18
CERNER CORP P 2018-03-27 2020-01-24
MONDELEZ INTERNATIONAL P 2017-09-27 2020-03-18
LEXINGTON MO USD BAB P 2010-06-29 2020-03-02
AB LARE CAP GROWTH P 2019-12-26 2020-03-19
AMAZON.COM P 2019-03-07 2020-03-18
CHAMPAIGN CO IL USD 13 GO P 2015-09-11 2020-06-01
ORACLE CORP P 2016-07-29 2020-01-24
LOWE'S COMPANIES P 2003-05-14 2020-01-24
ALPHABET INC P 2019-06-12 2020-03-18
ANALOG DEVICES P 2017-06-30 2020-01-24
COCA COLA COPANY P 2013-10-02 2020-01-24
PASADENA CA CNTY COLL BAB P 2014-01-07 2020-03-30
MANHATTAN KS SALES TAX P 2010-11-22 2020-04-03
AMAZON.COM P 2019-12-10 2020-03-18
APPLE INC P 2015-08-10 2020-03-18
COMCAST CORP P 2018-10-04 2020-02-21
PORT BELLINGHAM WA P 2015-12-07 2020-12-01
MCHENRY ILL BAB P 2010-09-02 2020-12-15
DOW CHEM CO P 2019-12-04 2020-09-08
BEL AIRE KS PUB BLDG P 2010-04-15 2020-05-01
DOW CHEMCIAL P 2018-10-04 2020-03-26
T ROWE PRICE GROWTH STOCK P 2016-05-05 2020-01-21
MONETT MO P 2011-09-06 2020-08-12
EXPEDIA GROUP INC P 2020-03-02 2020-03-18
BEL AIRE KAN PUB BLDG P 2010-04-15 2020-05-01
FACEBOOK INC P 2016-10-11 2020-01-17
SAN MATEO CA P 2016-06-10 2020-09-01
MT HOLLY NJ TAXABLE GO P 2013-07-15 2020-06-01
FEDERATED HERMES EQUITY P 2019-12-26 2020-03-19
GENERAL DYNAMICS CORP P 2018-06-19 2020-03-18
FEDERAL HOME LOAN BANK P 2018-11-16 2020-04-22
STARBUCKS CORP P 2018-03-27 2020-03-18
STANTON CNTY KS GO P 2011-05-11 2020-09-01
GENERAL DYNAMICS CORP P 2019-05-16 2020-03-18
HARTFORD MUT FDS INC P 2019-02-05 2020-03-19
FEDERAL HOME LOAN BANK P 2019-02-07 2020-04-14
UNITED TECHNOLOGIES P 2016-07-18 2020-03-18
TOPEKA KS GO P 2010-09-01 2020-08-19
JPMORGAN TR I EMERGING MRKTS P 2020-01-28 2020-03-19
HOME BANCSHARES P 2017-04-12 2020-03-16
VIATRIS INC OCM P 2016-03-08 2020-11-24
JOHNSON CNTY MO BAB P 2011-07-11 2020-05-20
TOPEKA KS UTIL REV P 2010-08-25 2020-09-09
LYFT INC CL A P 2019-05-30 2020-03-18
HOME DEPOT INC P 2002-10-28 2020-01-24
WEST CONTRA COSTA CA P 2015-11-09 2020-12-16
KS ST DEV FIN P 2010-07-09 2020-09-18
WALLACE CO KS P 2012-04-04 2020-09-01
OCCIDENTAL PETROLEUM CORP P 2019-11-07 2020-06-26
JOHNSON & JOHNSON P 1997-03-07 2020-01-24
BEXAR CNTY TX GO P 2010-08-27 2020-03-26
KS DEV FIN AUTH P 2010-04-06 2020-11-02
ZURICH REINSURANCE P 2009-10-19 2020-03-16
T ROWE PRICE GROWTH STOCK FD INVESTO P 2019-12-26 2020-01-21
JPMORGAN TR I EMERGING MRKTS P 2019-02-05 2020-03-19
CISCO SYSTEMS INC P 2010-11-11 2020-01-24
KS DEV FIN AUTH P 2012-07-17 2020-11-02
SANTA MONICA CA BAB GO P 2016-03-22 2020-08-03
UBER TECHNOLOGIES P 2019-05-30 2020-03-18
MASSMUTUAL SELECT MID CAP P 2019-02-12 2020-03-19
DOLTON ILL P 2011-11-22 2020-12-01
KS DEV FIN AUTH P 2012-07-17 2020-11-02
EASEMENT CAPITAL GAIN P    
VANGUARD S&P 500 INDEX P 2020-04-29 2020-12-17
BRIDGEPORT CONN BAB P 2010-05-21 2020-08-17
GREENE CNTY MO P 2010-05-04 2020-12-01
KS ST DEV FIN AUTH P 2012-04-26 2020-06-11
(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 26,452     26,452
b 1,482   1,000 482
c 40,000   44,862 -4,862
d 39,026   11,260 27,766
e 15,000   14,889 111
108,129   91,496 16,633
73,889   49,677 24,212
22,360   17,454 4,906
13,345   12,165 1,180
85,000   85,000  
3,023   3,708 -685
89,040   82,700 6,340
100,000   109,229 -9,229
13,585   10,250 3,335
36,024   6,767 29,257
10,556   10,792 -236
59,200   39,039 20,161
28,824   18,800 10,024
110,000   117,967 -7,967
87,413   91,918 -4,505
89,040   87,103 1,937
82,978   38,218 44,760
30,904   30,057 847
100,000   116,348 -16,348
90,000   90,186 -186
50,000   50,000  
65,000   65,000  
31,875   29,537 2,338
54,500   35,368 19,132
55,000   56,783 -1,783
9,235   18,969 -9,734
30,000   30,362 -362
44,230   25,830 18,400
55,000   65,450 -10,450
100,000   102,257 -2,257
1,518   2,060 -542
94,644   146,516 -51,872
10,125   9,484 641
25,029   28,124 -3,095
95,000   96,540 -1,540
11,830   17,043 -5,213
64,521   70,937 -6,416
5,553   5,066 487
36,210   52,750 -16,540
50,000   50,000  
44,067   60,140 -16,073
19,800   20,470 -670
1,061   804 257
65,000   66,112 -1,112
30,000   30,000  
60,577   183,434 -122,857
46,365   6,052 40,313
40,726   34,047 6,679
100,000   100,000  
50,000   51,803 -1,803
47,005   66,293 -19,288
59,381   17,305 42,076
35,000   35,151 -151
35,000   35,149 -149
54,169   49,500 4,669
2,583   2,472 111
64,000   75,145 -11,145
48,839   20,600 28,239
15,000   15,783 -783
30,000   35,365 -5,365
41,075   86,745 -45,670
27,821   36,126 -8,305
20,000   20,731 -731
10,000   10,706 -706
6,826     6,826
102,535   80,469 22,066
100,000   104,959 -4,959
20,000   20,018 -18
100,000   113,053 -13,053
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       26,452
b       482
c       -4,862
d       27,766
e       111
      16,633
      24,212
      4,906
      1,180
       
      -685
      6,340
      -9,229
      3,335
      29,257
      -236
      20,161
      10,024
      -7,967
      -4,505
      1,937
      44,760
      847
      -16,348
      -186
       
       
      2,338
      19,132
      -1,783
      -9,734
      -362
      18,400
      -10,450
      -2,257
      -542
      -51,872
      641
      -3,095
      -1,540
      -5,213
      -6,416
      487
      -16,540
       
      -16,073
      -670
      257
      -1,112
       
      -122,857
      40,313
      6,679
       
      -1,803
      -19,288
      42,076
      -151
      -149
      4,669
      111
      -11,145
      28,239
      -783
      -5,365
      -45,670
      -8,305
      -731
      -706
      6,826
      22,066
      -4,959
      -18
      -13,053
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 3,977
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 -179,069
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 4,561
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 4,561
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 4,561
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 10,480
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 10,480
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  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 5,919
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet5,919 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)
    bulletKS
    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
     
    No
    Website addressbulletN/A
    14
    The books are in care ofbulletTHE PEOPLES BANK Telephone no.bullet (785) 282-6682

    Located atbulletPO BOX 307SMITH CENTERKS ZIP+4bullet66967
    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
     
     
    ........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
     
     
    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
    THE PEOPLES BANK OFFICER
    1.00     		54,825 0 0
    PO BOX 307
    SMITH CENTER,KS66967
    PETE BOHM BOARD MEMBER
    000.00     		0 0 0
    632 SOUTH BROADWAY
    SALINA,KS67401
    GEORGE EAKIN BOARD MEMBER
    000.00     		0 0 0
    225 SOUTH 8TH
    OSBORNE,KS67473
    PAUL S GREGORY BOARD MEMBER
    000.00     		0 0 0
    218 SOUTH 4TH
    OSBORNE,KS67473
    LANCE R WOLTERS BOARD MEMBER
    000.00     		0 0 0
    111 MERCURY AVE
    OSBORNE,KS67473
    MELVIN WILCOXSON BOARD MEMBER
    000.00     		0 0 0
    2149 C 677 AVENUE
    OSBORNE,KS67473
    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  
    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.............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 N/A  
    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
    7,589,623
    b
    Average of monthly cash balances.......................
    1b
    582,829
    c
    Fair market value of all other assets (see instructions)................
    1c
    6,584,102
    d
    Total (add lines 1a, b, and c).........................
    1d
    14,756,554
    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
    14,756,554
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    221,348
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    14,535,206
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    726,760
    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
    726,760
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    4,561
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    4,561
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    722,199
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    722,199
    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
    722,199
    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
    759,366
    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
    759,366
    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
    759,366
    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 7 722,199
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 716,871
    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$ 759,366
    a Applied to 2019, but not more than line 2a 716,871
    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..... 42,495
    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 ..........     		679,704
    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).)
    NONE
    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.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    SARVER CHARITABLE TRUST PAUL GREGO
    PO BOX 12
    OSBORNE,KS67473
    (785) 346-5445
    bThe form in which applications should be submitted and information and materials they should include:
    SEE ATTACHED
    cAny submission deadlines:
    SEE ATTACHED
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    SEE ATTACHED
    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
    AMERICAN CANCER SOCIETY
    1315 SW ARROWHEAD RD C/O
    TOPEKA,KS66604     		  PC CHARITABLE GRANT 71,687
    AMERICAN LEGION AUXILIARY
    2891 W 257TH DR
    NATOMA,KS67641     		  PC CHARITABLE GRANT 6,500
    ASSEMBLY OF GOD CHURCH OSBORNE
    125 S OAK
    OSBORNE,KS67473     		  PC CHARITABLE GRANT 4,000
    BIBLE BAPTIST CHURCH OF OSBORNE
    131 SOUTH 2ND
    OSBORNE,KS67473     		  PC CHARITABLE GRANT 4,000
    CHRISTIAN CHURCH OF DOWNS
    1071 MORGAN AVE
    DOWNS,KS67437     		  PC CHARITABLE GRANT 4,000
    CITY OF OSBORNE
    129 S 1ST
    OSBORNE,KS67473     		  GOV CHARITABLE GRANT 7,300
    DOWNS ART COUNCIL
    PO BOX 211
    DOWNS,KS67437     		  PC CHARITABLE GRANT 2,000
    DOWNS MINISTERIAL ALLIANCE (FOOD BA
    345 S HWY 181
    DOWNS,KS67437     		  PC CHARITABLE GRANT 4,000
    FAITH LUTHEAN CHURCH OF OSBORNE
    629 N 2ND
    OSBORNE,KS67473     		  I CHARITABLE GRANT 4,000
    FORD FUND
    PO BOX 189
    OSBORNE,KS67473     		  PC CHARITABLE GRANT 2,000
    FORT HAYS STATE UNIVERSITY FOUNDATI
    610 PARK STREET
    HAYS,KS67601     		  PC CHARITABLE GRANT 71,687
    FREE MTHODIST CHURCH OF OSBORNE
    724 WEST MAIN STREET
    OSBORNE,KS67473     		  PC CHARITABLE GRANT 4,000
    GRACE METHODIST CHURCH OF PORTIS
    108 E 5TH
    PORTIS,KS67473     		  PC CHARITABLE GRANT 4,000
    KANSAS NATURAL RESOURCE FOUNDATION
    1117 W HWY 24
    OSBORNE,KS67473     		  I SCHOLARSHIP 250
    LEUKEMIA & LYMPHOMA SOCIETY
    ATTN JAN R SUMNER 6611
    WICHITA,KS67206     		  PC CHARITABLE GRANT 71,687
    LIGHTHOUSE COUMMUNITY CHURCH OF DOW
    901 W BLUNT
    DOWNS,KS67437     		  PC CHARITABLE GRANT 4,000
    LUTHERAN CHURCH OF DOWNS
    1019 BLUNT
    DOWNS,KS67437     		  PC CHARITABLE GRANT 4,000
    MT AYE FRIENDS CHURCH
    1265 COUNTY 656 AVE
    ALTON,KS67623     		  PC CHARITABLE GRANT 4,000
    NATOMA FADD CHAPTER
    PO BOX 5
    NATOMA,KS67651     		  PC CHARITABLE GRANT 250
    OSBORNE CO GENALOGICAL & HISTORICA
    307 W MAIN
    OSBORNE,KS67473     		  PC CHARITABLE GRANT 575
    OSBORNE COMMUNITY FOUNDATION
    128 N 1ST
    OSBORNE,KS67473     		  PC CHARITABLE GRANT 20,000
    OSBORNE COUNTY FAIR BOARD
    231 W NEW HAMPSHIRE
    OSBORNE,KS67473     		  PC CHARITABLE GRANT 40,000
    OSBORNE COUNTY MEMORIAL HOSPITAL
    424 W NEW HAMPSHIRE ST
    OSBORNE,KS67473     		  GOV CHARITABLE GRANT 21,145
    OSBORNE MINISTERIAL ALLIANCE (FOOD
    125 S OAK
    OSBORNE,KS67473     		  PC CHARITABLE GRANT 4,000
    OSBORNE PUBLIC LIBRARY
    325 W MAIN
    OSBORNE,KS67473     		  PC CHARITABLE GRANT 995
    OSBORNE SENIOR CENTER
    108 W MAIN
    OSBORNE,KS67473     		  PC CHARITABLE GRANT 2,300
    PEACH LUTHERAN CHURCH OF NATOMA
    705 5TH
    NATOMA,KS67651     		  PC CHARITABLE GRANT 4,000
    PLEASANT PLAIN CHURCH
    2780 W 160TH DR
    ALTON,KS67623     		  PC CHARITABLE GRANT 4,000
    ROSE VALLEY CHURCH
    107 COUNTY 685 AVE
    DOWNS,KS67437     		  PC CHARITABLE GRANT 4,000
    ST ALOYSIUS CATHOLIC CHURCH
    203 N ELM
    OSBORNE,KS67473     		  PC CHARITABLE GRANT 71,687
    ST MARYS CATHOLIC CHURCH OF DOWNS
    1312 PRENTISS STREET
    DOWNS,KS67437     		  PC CHARITABLE GRANT 4,000
    THE SALVATION ARMY
    PO BOX 412577
    KANSAS CITY,MO64141     		  PC CHARITABLE GRANT 71,687
    UNITED CHRISTIAN CHURCH OF OSBORNE
    212 N 2ND
    OSBORNE,KS67473     		  PC CHARITABLE GRANT 4,000
    UNITED METHODIST CHURCH OF ALTON
    408 MILL ST
    ALTON,KS67623     		  PC CHARITABLE GRANT 4,000
    UNITED METHODIST CHURCH OF DOWNS
    1000 MORGAN AVE
    DOWNS,KS67437     		  PC CHARITABLE GRANT 4,000
    UNITED METHODIST CHURCH OF NATOMA
    804 4TH ST
    NATOMA,KS67651     		  PC CHARITABLE GRANT 4,000
    UNITED METHODIST CHURCH OF OSBORNE
    PO BOX 287
    OSBORNE,KS67473     		  PC CHARITABLE GRANT 4,000
    ADRIANNA BERGMANN
    1105 PRENTISS ST
    DOWNS,KS67437     		  I SCHOLARSHIP 2,000
    ALLISON GRABAST
    332 N 2ND
    OSBORNE,KS67473     		  I SCHOLARSHIP 1,000
    ANDRES FAUDEZ
    300 E VERMONT
    APT L1
    OSBORNE,KS67473     		  I SCHOLARSHIP 1,700
    ANNA PETERSON
    917 MILL
    ALTON,KS67623     		  I SCHOLARSHIP 2,000
    ASHTON BAXA
    201 S 5TH
    OSBORNE,KS67473     		  I SCHOLARSHIP 2,000
    BRETTON BOLTERS
    68 S 120TH AVE
    PORTIS,KS67474     		  I SCHOLARSHIP 1,000
    BRITTANI CONVERSE
    1020 2ND ST
    DOWNS,KS67437     		  I SCHOLARSHIP 2,000
    CAITLYN MILLER
    102 GEMINI AVE
    OSBORNE,KS67473     		  I SCHOLARSHIP 1,700
    CULLEN GRABAST
    332 N 2ND
    OISBORNE,KS67473     		  I SCHOLARSHIP 2,000
    DAVID HINDMAN
    146 S MORSE DR
    PHILLIPSBURG,KS67661     		  I SCHOLARSHIP 1,400
    DEREK NAEGELE
    PO BOX 67
    PORTIS,KS67474     		  I SCHOLARSHIP 1,400
    DRAKE DEBOLT
    2 CIRCLE DRIVE
    DOWNS,KS67437     		  I SCHOLARSHIP 1,700
    DRAKE KOOPS
    345 S HWY 181
    DOWNS,KS67437     		  I SCHOLARSHIP 2,000
    DYLEN TRECEK
    549 COUNTY 657 AVE
    ALTON,KS67623     		  I SCHOLARSHIP 1,400
    EMMA CARLIN
    2016 W 90TH DR
    OSBORNE,KS67473     		  I SCHOLARSHIP 2,000
    ETHAN DICKERSON
    18344 FAIRPORT RD
    PARADISE,KS67658     		  I SCHOLARSHIP 1,400
    HANNAH CHAMBRAY
    PO BOX 265
    NATOMA,KS67651     		  I SCHOLARSHIP 2,000
    HOLLY TANIS
    242 C ROAD
    CAWKER CITY,KS67430     		  I SCHOLARSHIP 1,000
    ISAAC SCHOEN
    26094 280TH ROAD
    DOWNS,KS67651     		  I SCHOLARSHIP 2,000
    JAYDE BLAINE
    617 70TH ROAD
    CAWKER CITY,KS67430     		  I SCHOLARSHIP 2,000
    JENNA KETTER
    313 W 160TH DR
    NATOMA,KS67651     		  I SCHOLARSHIP 2,000
    JESSA COCKERHAM
    525 COUNTY 388 DR
    OSBORNE,KS67473     		  I SCHOLARSHIP 2,000
    JESSICA ENGLER
    673 W HWY 24
    DOWNS,KS67437     		  I SCHOLARSHIP 2,000
    JORDAN WHERRY
    313 S 1ST
    OSBORNE,KS67473     		  I SCHOLARSHIP 1,400
    JOSHUA ARNOLDY
    51 S 50TH AVE
    DOWNS,KS67437     		  I SCHOLARSHIP 2,000
    KADE MILLER
    102 GEMINI AVE
    OSBORNE,KS67473     		  I SCHOLARSHIP 1,700
    LEE CARLIN
    2016 W 90TH DR
    OSBORNE,KS67473     		  I SCHOLARSHIP 1,400
    LEONIE HARZMAN
    288 COUNTY 685 AVE
    DOWNS,KS67437     		  I SCHOLARSHIP 2,000
    LOGAN SPRICK
    800 APOLLO AVE
    OSBORNE,KS67473     		  I SCHOLARSHIP 1,400
    LORYN SPRICK
    800 APOLLO AVE
    OSBORNE,KS67473     		  I SCHOLARSHIP 2,000
    LUKAS SPRICK
    800 APOLLO AVE
    OSBORNE,KS67473     		  I SCHOLARSHIP 2,000
    NICHOLAS SCHMITT
    300 10 ROAD
    CAWKER CITY,KS67430     		  I SCHOLARSHIP 1,700
    OLIVIA ENGLER
    673 W HWY 24
    DOWNS,KS67437     		  I SCHOLARSHIP 2,000
    PEYTON OSTMEYER
    820 N 2ND
    NATOMA,KS67651     		  I SCHOLARSHIP 2,000
    ROXTON BROWN
    130 VAN BUREN ST
    OSBORNE,KS67473     		  I SCHOLARSHIP 2,000
    SAGE SCHAEFLI
    320 LAKE DR
    CAWKER CITY,KS67430     		  I SCHOLARSHIP 500
    SARAH PELTON
    5713 181TH ST
    PARADISE,KS67658     		  I SCHOLARSHIP 2,000
    SARAH SEIFERT
    312 S 2ND
    OSBORNE,KS67473     		  I SCHOLARSHIP 1,400
    SHAY ENDSLEY
    809 DIVISION
    DOWNS,KS67437     		  I SCHOLARSHIP 700
    SHAYLA GRIFFIN
    2495 13 ROAD
    PLAINVILLE,KS67663     		  I SCHOLARSHIP 1,400
    SHELBY SENGER
    PO BOX 3
    GLEN ELDER,KS67446     		  I SCHOLARSHIP 1,700
    SPENCER HEISE
    1006 COUNTY 388 DR
    OSBORNE,KS67473     		  I SCHOLARSHIP 2,000
    TATEM ZEIGLER
    2820 HWY 18
    NATOMA,KS67651     		  I SCHOLARSHIP 1,400
    TRENTON BRUMMER
    1531 S 1ST AVE
    TIPTON,KS67485     		  I SCHOLARSHIP 1,700
    TRYSTAN SCHLAEFLI
    246 W HWY 24
    DOWNS,KS67437     		  I SCHOLARSHIP 2,000
    TYRON GRUWELL
    300 E ALLEN ST
    GLEN ELDER,KS67446     		  I SCHOLARSHIP 1,400
    ALEX KETTER
    313 W 160TH DR
    TIPTON,KS67485     		  I SCHOLARSHIP 1,400
    ALISHA SCHWINN
    5130 SW 53RD ST
    TOPEKA,KS66610     		  I SCHOLARSHIP 1,000
    ALYVIA ZEIGLER
    2820 HWY 18
    NATOMA,KS67651     		  I SCHOLARSHIP 2,000
    ASHTON MCNEAL
    326 N 1ST
    OSBORNE,KS67473     		  I SCHOLARSHIP 1,400
    AVERY BERKELY
    901 INGALLS
    DOWNS,KS67437     		  I SCHOLARSHIP 1,400
    CAMERON DELANEY
    134 N 5TH
    OSBORNE,KS67473     		  I SCHOLARSHIP 1,400
    CAROLINA MEEKHOF
    141 MANZANA CT NW APT 2D
    WALKER,MI49534     		  I SCHOLARSHIP 1,400
    CARTER BROWN
    1015 ROSS ST
    DOWNS,KS67437     		  I SCHOLARSHIP 2,000
    CONNOR GOHEEN
    1060 S 125TH AVE
    OSBORNE,KS67473     		  I SCHOLARSHIP 1,400
    DAKOTA BOLAND
    113 NICHOLAS AVENUE
    ALTON,KS67623     		  I SCHOLARSHIP 1,400
    FELICITY CONWAY
    226 N 2ND
    NATOMA,KS67473     		  I SCHOLARSHIP 1,400
    GRACE GRADY
    319 1ST ST
    DOWNS,KS67437     		  I SCHOLARSHIP 2,000
    JACOB CONWAY
    123
    OSBORNE,KS67473     		  I SCHOLARSHIP 1,400
    JACOB MURPHY
    1856 W 300TH DR
    WALDO,KS67673     		  I SCHOLARSHIP 300
    JERICA NOPENS
    513 N 2ND
    OSBORNE,KS67473     		  I SCHOLARSHIP 2,000
    JOSHUA BERKLEY
    901 INGALLS
    DOWNS,KS67437     		  I SCHOLARSHIP 1,700
    MADILYN STAPLES
    413 N POPLAR
    BELOIT,KS67420     		  I SCHOLARSHIP 2,000
    MATTHEW TANIS
    242 C ROAD
    CAWKER CITY,KS67430     		  I SCHOLARSHIP 2,000
    RHYANN BROWN
    130 VAN BUREN ST
    OSBORNE,KS67473     		  I SCHOLARSHIP 2,000
    RYLIE COX
    1105 W VERMONT
    OSBORNE,KS67473     		  I SCHOLARSHIP 1,400
    SHANDRA GRIFFIN
    2495 13 RD
    PLAINVILLE,KS67663     		  I SCHOLARSHIP 1,400
    STASHA CONWAY
    226 N 2ND
    OSBORNE,KS67473     		  I SCHOLARSHIP 1,700
    STEELE WOLTERS
    112 S 11TH
    OSBORNE,KS67473     		  I SCHOLARSHIP 2,000
    TAYLOR COUTOIS
    2339 JEFFREY LANE
    EW BRAUNFE,TX78130     		  I SCHOLARSHIP 2,000
    TYRELL MCKEON
    803 APOLLO AVE
    OSBORNE,KS67473     		  I SCHOLARSHIP 1,400
    VAUGHN STULL
    PO BOX 354
    OSBORNE,KS67473     		  I SCHOLARSHIP 2,000
    ZOE GIRARD
    755 CO 388 DR
    OSBORNE,KS67473     		  I SCHOLARSHIP 1,400
    BOY SCOUTS OF AMERICA TROOP 105
    308 N 1ST
    OSBORNE,KS67473     		  PC CHARITABLE GRANT 1,000
    BRINGING IT HOME TO OZ INC
    PO BOX 54
    OSBORNE,KS67473     		  PC CHARITABLE GRANT 2,000
    CITY OF ALTON
    MILL NICHOLS
    OSBORNE,KS67473     		  GOV CHARITABLE GRANT 4,500
    HEART CHOICES INC
    117 N 1ST
    OSBORNE,KS67437     		  PC CHARITABLE GRANT 2,000
    LAKESIDE STARZ DANCE TEAM
    1306 MORGAN AVE
    DOWNS,KS67437     		  GOV CHARITABLE GRANT 250
    OSBORNE COUNTY KANSAS
    123
    OSBORNE,KS67473     		  GOV CHARITABLE GRANT 48,322
    OSBORNE ROATARY CLUB
    123 S 9TH
    OSBORNE,KS67473     		  PC CHARITABLE GRANT 250
    SHADY BEND GOLF COURSE
    123 N 1ST
    OSBORNE,KS67473     		  GOV CHARITABLE GRANT 1,000
    SMOKY HILLS PUBLIC TV
    PO BOX 9
    BUNKER HILL,KS67626     		  PC CHARITABLE GRANT 2,500
    USD 392 OSBORNE
    213 W ADAMS
    OSBORNE,KS67473     		  GOV CHARITABLE GRANT 2,400
    USD 399 NATOMA
    710 N 5TH ST
    NATOMA,KS67651     		  GOV CHARITABLE GRANT 2,500
    Total .................................bullet 3a 728,872
    bApproved for future payment
    DEREK NAEGELE
    PO BOX 67
    PORTIS,KS67474     		  I SCHOLARSHIP 700
    BRETTON WOLTERS
    68 S 120TH AVE
    PORTIS,KS67474     		  I SCHOLARSHIP 500
    STASHA CONWAY
    226 N 2ND
    OSBORNE,KS67473     		  I SCHOLARSHIP 850
    Total .................................bullet 3b 2,050
    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 ...........     		        2,567
    4 Dividends and interest from securities....         288,360
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....         41,600
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....         98,835
    8 Gain or (loss) from sales of assets other than
    inventory ............     		        3,977
    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)..     435,339
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    435,339
    (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.)
    3 ALL INVESTMENT INCOME USED IN CONTRIBUTION DISTRIBUTIONS
    4 ALL INVESTMENT INCOME USED IN CONTRIBUTION DISTRIBUTIONS
    5B ALL INVESTMENT INCOME USED IN CONTRIBUTION DISTRIBUTIONS
    7 ALL INVESTMENT INCOME USED IN CONTRIBUTION DISTRIBUTIONS
    8 PRINCIPAL INCOME (LOSS) GENERATED NOT SUBJECT TO DISTRIBUT
    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 AccountingFeesSchedule
    Name:
    SARVER CHARITABLE TRUST
     
    C/O THE PEOPLES BANK
    EIN:
    48-6298990
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 4,200     4,200

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

    TY 2020 DepreciationSchedule
    Name:
    SARVER CHARITABLE TRUST
     
    C/O THE PEOPLES BANK
    EIN:
    48-6298990
    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
    ROOF 2010-06-01 8,909 4,228 STRAIGHT LINE 20.0000 445 445    

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    SARVER CHARITABLE TRUST
     
    C/O THE PEOPLES BANK
    EIN:
    48-6298990
    Name of Bond End of Year Book Value End of Year Fair Market Value
    BLACK HILLS CORP 30,200 32,882
    CITIGROUP 87,200 89,149
    COLUMBIA PIPLINE 20,784 23,001
    COLUMBIA PROPERTY 19,904 21,093
    COLUMBIA STRATEGIC INCOME FND 139,883 144,577
    COMCAST CORP    
    CONOCOPHILLIPS 14,892 16,417
    DOW CHEM CO    
    DOW CHEMICAL    
    EATON VANCE MUT FDS TR FLT RT L 150,133 154,646
    HOME BANCSHARES    
    INVESCO TAXABLE MUNICIPAL BOND 274,304 301,500
    ISHARES TR IBONDS 25,015 26,270
    ISHARES TR IBONDS 24,894 27,370
    ISHARES TR IBONDS 24,950 26,580
    ISHARES TR IBONDS 26,401 27,570
    NATIONAL RURAL UTIL COOP FIN 25,000 28,203
    NATIONAL RURAL UTILS COOP FIN 30,000 32,192
    NUTRIEN LTD 3.5% 19,742 21,266
    NUTRIEN LTD 3.625% 29,198 32,540
    OCCIDENTAL PETROLEUM CORP    
    PIMCO FDS PAC INVT MGMT SER INTL BD    
    T ROWE PRICE FBL MLT SECTR I    
    WELLS FARGO 3.45% DUE 02/13/2023 14,978 15,896
    WESTERN ASSETMORTGAGE BACKED SEC 150,000 149,647
    ZURICH REINSURANCE    
    MORGAN STANLEY FIN 2.25% 75,000 75,098
    VIACOMCBS INC 4.75% 100,988 116,098
    BIARD CORE PLUS BOND FUND 100,000 99,346
    DODGE & COX INCOME FUND 150,000 147,952
    JOHN HANDCOCK BOND CL I 150,000 149,943
    VANGUARD MALVERN FDS 100,085 99,357
    PIMCO INTERNATIONAL BOND INSTL 149,997 153,486
    T ROWE PRICE GBL MLT SECTR I 230,302 235,582
    VANGUARD EMERGING MKTS 179,962 191,212

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    SARVER CHARITABLE TRUST
     
    C/O THE PEOPLES BANK
    EIN:
    48-6298990
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AB LARGE CAP GROWTH    
    ALPHABET INC    
    AMAZON.COM INC    
    AMERISOURCEBERGEN CORP 31,271 39,104
    ANALOG DEVICES, INC. 53,278 73,865
    ANTHEM INC 84,168 96,327
    APPLE INC    
    BANK NEW YORK MELLON CORP 18,761 16,976
    BERKSHIRE HATHAWAY INC 20,721 127,529
    CERNER CORPORATION    
    CHARLES SCHWAB CORP 20,950 26,520
    CISCO SYS INC    
    COCA COLA CO    
    COMCAST CORP 53,109 78,600
    COMPASS MINERALS INTL 46,328 43,204
    DOMINION ENERGY INC 36,355 37,600
    ENBRIDGE INC 27,481 25,592
    FACEBOOK INC 66,687 136,580
    FEDERATED FUNDS KAUFMAN SML IS    
    FIDELITY SEL HEALTH CARE 10,000 26,286
    FIDELITY SELECT BIOTECH PORTFO 8,510 48,890
    GENERAL DYNAMICS CORP    
    HARTFORD MUT FDS INC CORE EQUITY Y    
    HOME DEPOT INC 52,743 132,810
    INVESCO QQQ 19,328 94,122
    ISAHRES MSCI EAFE 21,342 21,888
    ISHARES SELECT DIVIDEND INDEX 45,217 48,090
    ISHARES TR U.S. PFD STK ETF 93,494 96,275
    JOHNSON & JOHNSON    
    JPMORGAN CHASE & CO 31,497 38,121
    LOWES CO INC    
    LYFT INC    
    MASSMUTUAL SELECT MID CAP GROWTH 1,025 1,164
    MASTERCARD INC 16,560 64,249
    MCDONALDS CORP 71,121 214,580
    MEDTRONIC INC 130,672 234,280
    MICROSOFT CORP 33,587 111,210
    MIDWAY COOP, OSBORNE 10 10
    MONDELEZ INTERNATIONAL INC COM    
    ORACLE CORPORATION 71,533 97,035
    PEPSICO INC 26,960 148,300
    PFIZER INC 14,046 18,405
    PROCTER & GAMBLE CO 23,348 69,570
    S&P SPDR CONSUMER DISCRETION 5,353 25,725
    S&P SPDR ENERGY 52,076 45,480
    S&P SPDR FINANCIALS 33,517 44,220
    S&P SPDR TECHNOLOGY 30,938 65,010
    SANOFI ADR 11,348 14,577
    SELECT SECTOR SPDR 34,969 36,560
    SPDR DOW JONES INDUSTRIAL AVE 16,991 45,869
    STARBUCKS CORPORATION    
    T ROWE PRICE GROWTH STOCK    
    UBER TECHNOLOGIES INC    
    UNILEVER PLC ADR 106,936 120,720
    UNITED TECHNOLOGIES CORP    
    UNITEDHEALTH GROUP INC 28,388 35,068
    VANGUARD COMMUNICATION SERVICES 32,949 48,080
    VERIZON COMMUNICATIONS INC 5,863 11,750
    VISA INC 15,630 43,746
    WALMART 38,624 115,320
    JPMORGAN TR I EMERGING MRKTS I 30,000 47,350
    MFS SER TR VI GLB EQTY FD R6 172,486 203,164
    NEW PERSPECTIVE FD INC CL F 3 167,414 216,378
    EXXON MOBIL CORP 23,213 20,610
    HONEYWELL INT'L INC 43,078 63,810
    VANGUARD S&P 500 INDEX ETF 117,372 171,845
    AMBEV SA 4,040 6,120
    VANGUARD WORLD FD INTL GR FD ADM 100,000 100,792

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    SARVER CHARITABLE TRUST
     
    C/O THE PEOPLES BANK
    EIN:
    48-6298990
    US Government Securities - End of Year Book Value:

    65,089
    US Government Securities - End of Year Fair Market Value:

    74,676
    State & Local Government Securities - End of Year Book Value:


    1,760,209
    State & Local Government Securities - End of Year Fair Market Value:


    1,837,860


    TY 2020 InvestmentsLandSchedule2
    Name:
    SARVER CHARITABLE TRUST
     
    C/O THE PEOPLES BANK
    EIN:
    48-6298990
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    BUILDINGS & EQUIPMENT 25,341 21,105 4,236 5,260
    LAND 779,807   779,807 6,456,852

    TY 2020 LegalFeesSchedule
    Name:
    SARVER CHARITABLE TRUST
     
    C/O THE PEOPLES BANK
    EIN:
    48-6298990
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 3,600     3,600


    TY 2020 OtherAssetsSchedule
    Name:
    SARVER CHARITABLE TRUST
     
    C/O THE PEOPLES BANK
    EIN:
    48-6298990
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DEFFERED PATRONAGE 14,930 17,331 17,331
    ACCRUED DIVIDENDS, INTEREST, AND CAP 1,505 2,448 2,448


    TY 2020 OtherExpensesSchedule
    Name:
    SARVER CHARITABLE TRUST
     
    C/O THE PEOPLES BANK
    EIN:
    48-6298990
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    CHEMICAL 7,301 7,301    
    FERTILIZER 13,355 13,355    
    INSURANCE 5,453 5,453    
    UTILITIES 1,405 1,405    
    SEVERENCE TAX 3 3    
    REPAIRS 1,865 1,865    
    MISCELLANEOUS EXPENSE 2,195 2,195    
    CONTRACT LABOR 5,150 5,150    


    TY 2020 OtherIncomeSchedule2
    Name:
    SARVER CHARITABLE TRUST
     
    C/O THE PEOPLES BANK
    EIN:
    48-6298990
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    GRAIN SALES 59,110 59,110  
    PATRONAGE DIVIDEND 6,624 6,624  
    INSURANCE PROCEEDS 631 631  
    REIMBURSEMENTS 4,069 4,069  
    SCHOLARSHIP & GRANTS REFUNDS 13,765 13,765  
    FARM GOVERNMENT PAYMENTS 13,832 13,832  
    ROYALTY 804 804  


    TY 2020 TaxesSchedule
    Name:
    SARVER CHARITABLE TRUST
     
    C/O THE PEOPLES BANK
    EIN:
    48-6298990
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    REAL ESTATE TAXES 24,709 24,709    
    EXCISE TAXES 13,181 13,181    
    OIL ROYALTY TAXES 5 5