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
FREDERICK KALMBACH CHARITABLE REMAINDER
 
Number and street (or P.O. box number if mail is not delivered to street address)1340 BROADCASTING ROAD SUITE 100
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WYOMISSING, PA19610
A Employer identification number

22-6742794
B Telephone number (see instructions)

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$6,172,169J 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) 490
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 114,923 114,923 114,923
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 122,199
b Gross sales price for all assets on line 6a 831,406
7 Capital gain net income (from Part IV, line 2)... 122,199
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 237,612 237,122 114,923
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 28,914 28,914   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 4,601 737 737 0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 138,186 11 114,143 24,032
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 171,701 29,662 114,880 24,032
25 Contributions, gifts, grants paid....... 0 0
26 Total expenses and disbursements. Add lines 24 and 25 171,701 29,662 114,880 24,032
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 65,911
b Net investment income (if negative, enter -0-) 207,460
c Adjusted net income (if negative, enter -0-)... 43
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............. 21,712 64 64
2 Savings and temporary cash investments......... 121,706 63,089 63,089
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
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 bullet0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 14    
10a Investments—U.S. and state government obligations (attach schedule)   Click to see attachment586,553 663,859
b Investments—corporate stock (attach schedule)....... 1,326,219 Click to see attachment1,035,685 2,901,191
c Investments—corporate bonds (attach schedule)....... 1,792,813 Click to see attachment1,100,480 1,223,405
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........   Click to see attachment538,392 770,561
14 Land, buildings, and equipment: basis bullet550,000
Less: accumulated depreciation (attach schedule) bullet   550,000 550,000 550,000
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,812,464 3,874,263 6,172,169
Liabilities 17 Accounts payable and accrued expenses.......... 1,103  
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 1,103 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 3,811,361 3,874,263
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 3,811,361 3,874,263
30 Total liabilities and net assets/fund balances (see instructions). 3,812,464 3,874,263
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
3,811,361
2
Enter amount from Part I, line 27a .....................
2
65,911
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
1,060
4
Add lines 1, 2, and 3 ..........................
4
3,878,332
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
4,069
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
3,874,263
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 2000. CONAGRA BRANDS INC DTD 10/22/2018 5.3% 1   2019-04-22 2020-02-12
b 8000. FED HOME LN MTG CORP 2.375% 01/13/22   2018-05-01 2020-02-28
c 800. MICROSOFT CORPORATION   2009-08-27 2020-02-28
d 8000. U S TREASURY NOTES 3.125% 05/15/21   2019-08-02 2020-02-28
e 8000. U.S. TREASURY BONDS 3.000% 11/15/45   2015-12-23 2020-03-03
7000. U.S. TREASURY BONDS 3.000% 2/15/47   2017-03-09 2020-03-03
121.131 CAUSEWAY INTL VALUE-INST   2019-10-11 2020-03-05
7297.14 CAUSEWAY INTL VALUE-INST   2018-05-09 2020-03-05
400. EXXON MOBIL CORPORATION   2009-08-27 2020-03-05
50. FLIR SYSTEMS INC COMMON   2017-11-21 2020-03-05
110. HOLLYFRONTIER CORP   2017-11-21 2020-03-05
20. ISHARES CORE MSCI EMERGING MKTS ETF   2019-10-11 2020-03-05
718. ISHARES CORE MSCI EMERGING MKTS ETF   2018-05-09 2020-03-05
2108.679 LAZARD EMERGING MARKETS FD INSTL CL   2018-05-09 2020-03-05
15000. U.S. TREASURY NOTES 1.500% 8/15/26   2018-05-14 2020-03-25
17000. U.S. TREASURY NOTES 2.125% 5/15/25   2018-05-14 2020-03-25
15000. CINTAS CORP NO.2 3.700% 4/01/27   2018-04-27 2020-03-30
10000. US TREASURY BILL DTD 02/04/2020 0% 03/31   2020-03-03 2020-03-31
.872 RAYTHEON TECHNOLOGIES CORP   2012-12-27 2020-04-10
9000. FED HOME LN MTG CORP 2.375% 01/13/22   2018-05-01 2020-04-30
13000. U.S. TREASURY BONDS 3.000% 11/15/45   2015-12-23 2020-05-06
16000. APACHE CORP DTD 08/23/2018 4.375% 10/15/   2018-08-14 2020-05-20
5000. U.S. TREASURY BONDS 3.000% 2/15/47   2017-03-09 2020-06-16
200. GENUINE PARTS CO   2014-08-01 2020-06-17
100. MICROSOFT CORPORATION   2009-08-27 2020-06-17
550. US BANCORP   2012-11-27 2020-06-17
100. MICROSOFT CORPORATION   2009-08-27 2020-06-29
26000. GOLDMAN SACHS GROUP INC DTD 02/25/2016 2   2018-06-21 2020-06-30
65. DOMINION RESOURCES INC/VA   2020-03-05 2020-07-01
200. PFIZER INCORPORATED   2020-03-05 2020-07-01
108. PHILIP MORRIS INTERNATIONAL   2009-05-27 2020-07-01
110. VENTAS INC COMMON   2020-03-05 2020-07-01
15000. CROWN CASTLE INTL CORP DTD 04/15/2014 4.   2018-07-18 2020-07-06
320. DISCOVER FINL SVCS   2012-11-27 2020-07-20
200. V F CORP COM   2016-05-03 2020-07-20
13000. SHIRE ACQ INV IRELAND DA DTD 09/23/2016   2019-06-10 2020-08-10
8000. U.S. TREASURY BONDS 3.125% 2/15/42   2019-02-01 2020-08-11
9000. U.S. TREASURY BONDS 3.125% 2/15/42   2019-02-01 2020-08-12
4000. U.S. TREASURY BONDS 2.875% 5/15/43   2018-11-21 2020-08-12
15000. U.S. TREASURY BONDS 6.250% 5/15/30   2020-02-28 2020-09-02
16000. WESTPAC BANKING CORP DTD 01/25/2018 2.65   2018-05-14 2020-09-04
17000. TORONTO DOM BK MTN 1.800% 7/13/21   2018-10-17 2020-09-09
15000. U.S. TREASURY NOTES 1.625% 8/15/22   2019-05-02 2020-09-23
18000. FED HOME LN MTG CORP 2.375% 01/13/22   2018-05-01 2020-10-05
6000. PROCTER & GAMBLE CO DTD 03/23/2020 2.45%   2020-03-23 2020-10-29
6000. CONAGRA BRANDS INC DTD 10/22/2018 5.3% 1   2019-04-22 2020-11-13
5000. SHIRE ACQ INV IRELAND DA DTD 09/23/2016   2019-06-10 2020-11-13
17000. US BANCORP DTD 05/24/2011 4.125% 05/24/2   2018-11-28 2020-11-30
100. CHEVRONTEXACO CORP   2018-05-24 2020-12-29
230. COCA COLA COMPANY   2020-02-28 2020-12-29
.95 COMMERCE BANCSHARES, INC.   2016-05-03 2020-12-31
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
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CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
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CAPITAL GAIN DIVIDENDS P    
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CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
(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 2,472   2,067 405
b 8,209   7,941 268
c 126,456   19,824 106,632
d 8,200   8,129 71
e 10,387   8,003 2,384
9,121   6,776 2,345
1,621   1,800 -179
97,636   125,000 -27,364
19,889   28,467 -8,578
1,998   2,366 -368
3,386   4,904 -1,518
986   1,004 -18
35,386   40,240 -4,854
34,350   40,321 -5,971
15,713   13,706 2,007
18,307   16,329 1,978
15,346   14,762 584
9,992   9,992  
55   22 33
9,322   8,939 383
17,459   13,090 4,369
13,760   15,974 -2,214
6,655   4,840 1,815
17,721   16,574 1,147
19,509   2,478 17,031
21,476   21,212 264
19,607   2,478 17,129
26,351   25,927 424
5,370   5,686 -316
6,832   7,081 -249
7,628   4,564 3,064
4,195   5,691 -1,496
16,110   15,246 864
15,553   14,979 574
11,938   12,226 -288
13,283   12,946 337
11,008   8,175 2,833
12,317   9,196 3,121
5,281   3,717 1,564
22,992   22,071 921
16,144   15,956 188
17,222   16,783 439
15,422   14,811 611
18,505   17,892 613
6,454   6,013 441
7,926   6,197 1,729
5,078   4,979 99
17,256   17,059 197
8,474   12,675 -4,201
12,442   12,064 378
63   35 28
      2,543
      2,543
      2,543
      2,543
      2,543
      2,543
      2,543
      2,543
      2,543
      2,543
      2,543
      2,543
      2,543
      2,543
      2,543
      2,543
      2,543
      2,543
      2,543
      2,543
      2,543
      2,543
      2,543
      2,543
      2,543
      2,543
      2,543
      2,543
      2,543
      2,543
      2,543
      2,543
      2,543
      2,543
      2,543
      2,543
      2,543
      2,543
      2,543
      2,543
      2,543
      2,543
      2,543
      2,543
      2,543
      2,543
      2,543
      2,543
      2,543
      2,543
      2,543
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       405
b       268
c       106,632
d       71
e       2,384
      2,345
      -179
      -27,364
      -8,578
      -368
      -1,518
      -18
      -4,854
      -5,971
      2,007
      1,978
      584
       
      33
      383
      4,369
      -2,214
      1,815
      1,147
      17,031
      264
      17,129
      424
      -316
      -249
      3,064
      -1,496
      864
      574
      -288
      337
      2,833
      3,121
      1,564
      921
      188
      439
      611
      613
      441
      1,729
      99
      197
      -4,201
      378
      28
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 122,199
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 2,884
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 2,884
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 2,884
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 2,984
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 1,643
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 4,627
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 1,743
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet1,743 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$   (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)
    bulletPA
    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
    Yes
     
    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 addressbulletwww.kalmbachpark.com
    14
    The books are in care ofbulletBranch Banking and Trust Co Telephone no.bullet (610) 371-2091

    Located atbullet1340 BROADCASTING ROAD SUITE 100WYOMISSINGPA ZIP+4bullet19610
    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
     
    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
    JOHN H ALBRIGHT CO-TRUSTEE
    1     		0    
    20 W MAIN STREET
    MACUNGIE,PA18062
    DONALD S YOUNG CO-TRUSTEE
    1     		0    
    6272 MOUNTAIN ROAD
    MACUNGIE,PA18062
    KAREN ANN HOLT CO-TRUSTEE
    1     		0    
    147 S CHURCH ST
    MACUNGIE,PA18062
    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 TO PROVIDE CULTURAL & EDUCATIONAL PROGRAMS AT KALMBACH MEMORIAL PARK 138,186
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    5,017,466
    b
    Average of monthly cash balances.......................
    1b
    97,881
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    5,115,347
    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
    5,115,347
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    76,730
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    5,038,617
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    251,931
    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
     
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    0
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    0
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    0
    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
    0
    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
    24,032
    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
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    24,032
    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
    24,032
    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 0
    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......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$  
    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.....  
    e Remaining amount distributed out of corpus  
    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  
    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 ......     		 
    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
    43       43
    b 85% of line 2a ......... 37       37
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		24,032 14,904 14,752 12,483 66,171
    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 ....     		24,032 14,904 14,752 12,483 66,171
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ...... 6,172,169 5,625,919 4,923,491 5,208,315 21,929,894
    (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...     		167,954 157,313 150,851 146,303 622,421
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    MICHAEL MCCREADY
    200 COTTON STREET
    MACUNGIE,PA18062
    (610) 965-1140
    bThe form in which applications should be submitted and information and materials they should include:
    SEE ATTACHED STATEMENT
    cAny submission deadlines:
    SEE ATTACHED STATEMENT
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    SEE ATTACHED STATEMENT
    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
    Total .................................bullet 3a  
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 114,923  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 122,199  
    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)..   237,122  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    237,122
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    FREDERICK KALMBACH CHARITABLE REMAINDER
    EIN:
    22-6742794
    Name of Bond End of Year Book Value End of Year Fair Market Value
    373385DG5 GEORGIA ST TXBL-SER 40,158 46,139
    544351MS5 LOS ANGELES CA TXBL- 25,000 28,673
    64971WN89 NEW YORK CITY NY TRA 23,350 26,450
    64990AKS3 NEW YORK ST DORM AUT 40,000 41,249
    70917S2Y8 PENNSYLVANIA ST HGR 30,000 33,525
    86481ABL7 SUFFOLK VA TXBL DTD 20,000 19,922
    93974D5W4 WASHINGTON ST TXBL-S 35,000 40,754
    00206RCP5 AT&T INC DTD 05/04/2 15,076 19,415
    00287YBF5 ABBVIE INC DTD 9/18/ 17,331 20,381
    00751YAF3 ADVANCE AUTO PARTS D 19,959 20,312
    025537AJ0 AMERICAN ELECTRIC PO 19,077 22,399
    037833AS9 APPLE INC DTD 05/06/ 15,089 16,518
    06051GEU9 BANK OF AMERICA CORP 14,852 15,903
    06051GJM2 BANK OF AMERICA CORP 9,558 9,388
    084670BS6 BERKSHIRE HATHAWAY I 16,437 17,877
    10112RBB9 BOSTON PROPERTIES LP 16,969 18,976
    126650DP2 CVS DTD 08/21/2020 2 19,009 19,221
    14040HBG9 CAPITAL ONE FINANCIA 15,332 17,458
    17275RAF9 CISCO SYSTEMS INC SY 8,416 10,477
    172967FX4 CITIGROUP INC DTD 01 11,821 15,188
    191216CM0 THE COCA-COLA CO DTD 16,994 18,191
    20030NCT6 COMCAST CORP 15,992 19,260
    20825CAQ7 CONOCOPHILLIPS DTD 1 7,792 9,279
    21036PBC1 CONSTELLATION BRANDS 15,467 18,277
    22822VAR2 CROWN CASTLE INTL CO 19,043 19,028
    26441CAL9 DUKE ENERGY CORP DTD 16,113 17,394
    29364WBD9 ENTERGY LOUISIANA LL 8,978 9,609
    337738AT5 FISERV INC DD 06/24/ 18,029 20,163
    38141GGM0 GOLDMAN SACHS NOTE D 9,341 10,963
    38141GXG4 GOLDMAN SACHS GROUP 18,796 19,362
    40414LAN9 HCP INC DTD 05/20/20 14,757 17,022
    427866BG2 HERSHEY CO DTD 06/01 8,970 9,535
    436106AA6 HOLLYFRONTIER CORP D 7,404 7,817
    437076AS1 HOME DEPOT INC DTD 1 6,211 7,581
    46625HJH4 JPMORGAN CHASE & CO 20,143 21,172
    49326EEJ8 KEYCORP DTD 9/11/201 19,485 19,495
    49446RAM1 KIMCO REALTY CORP DT 13,553 16,969
    49456BAP6 KINDER MORGAN INC DT 7,807 9,382
    58013MFM1 MCDONALD'S CORP DTD 19,112 20,032
    58933YBB0 MERCK & CO INC DTD 0 9,765 10,354
    59156RBG2 METLIFE INC DTD 11/1 15,878 21,339
    6174468C6 MORGAN STANLEY DTD 0 25,023 28,609
    637432NS0 NATIONAL RURAL UTILI 17,595 19,879
    654106AH6 NIKE INC DTD 03/27/2 17,976 19,398
    655844CF3 NORFOLK SOUTHERN COR 8,979 9,805
    670346AP0 NUCOR CORP DTD 04/26 16,003 18,822
    713448DP0 PEPSICO INC DTD 10/0 8,395 10,882
    717081EU3 PFIZER INC DTD 03/11 9,870 12,565
    718172CN7 PHILIP MORRIS INTL I 18,907 19,680
    74456QCD6 PUBLIC SERV ELEC & G 8,963 9,513
    824348AW6 SHERWIN-WILLIAMS CO 14,481 16,946
    828807CS4 SIMON PROPERTY GROUP 19,662 21,748
    87612EAZ9 TARGET CORP DTD 01/1 15,746 16,442
    913017CY3 UNITED TECHNOLOGIES 19,573 21,459
    92343VCK8 VERIZON COMMUNICATIO 12,740 17,569
    92553PAP7 VIACOM INC DTD 07/19 9,982 10,633
    94106LBC2 WASTE MANAGEMENT INC 9,559 10,034
    949746SH5 WELLS FARGO & CO DTD 16,892 18,835
    960413AU6 WESTLAKE CHEMICAL CO 7,432 9,510
    05565QDF2 BP CAPITAL MARKETS P 15,852 17,307
    06367WMQ3 BANK OF MONTREAL DTD 17,997 19,185
    46132FAA8 INVESCO FINANCE PLC 15,871 16,804
    606822AL8 MITSUBISHI UJF FINAN 14,894 15,449
    822582AY8 SHELL INTERNATIONAL 8,512 9,300
    822582BW1 SHELL INTERNATIONAL 14,815 15,147
    86562MAR1 SUMITOMO MITSUI FINL 14,463 16,979
    89114QCK2 TORONTO DOMINION BAN 18,947 19,071
    961214DF7 WESTPAC BANKING CORP 19,287 19,385

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    FREDERICK KALMBACH CHARITABLE REMAINDER
    EIN:
    22-6742794
    Name of Stock End of Year Book Value End of Year Fair Market Value
    880591300 TENN VALLEY AUTHORIT 98,634 107,310
    880591409 TENN VALLEY AUTHORIT 76,636 81,760
    00206R102 AT&T INC COMMON 22,318 28,990
    002824100 ABBOTT LABORATORIES 18,454 89,782
    00287Y109 ABBVIE INC COMMON 25,136 107,150
    02079K107 ALPHABET INC -CL C C 11,472 14,015
    02079K305 ALPHABET INC -CL A C 10,845 17,526
    02209S103 ALTRIA GROUP INC 3,784 9,102
    023135106 AMAZON.COM INC COMMO 40,327 55,368
    025537101 AMERICAN ELECTRIC PO 9,274 23,316
    031162100 AMGEN INC COMMON 3,449 3,909
    037833100 APPLE INC COMMON 11,707 74,306
    052769106 AUTODESK INC COMMON 15,741 20,763
    053015103 AUTOMATIC DATA PROCE 14,096 16,739
    053611109 AVERY DENNISON CORP 16,804 34,124
    060505104 BANK OF AMERICA CORP 9,345 12,124
    084670702 BERKSHIRE HATHAWAY I 9,557 11,594
    11133T103 BROADRIDGE FINANCIAL 3,244 17,618
    115236101 BROWN & BROWN INC CO 6,821 19,912
    12541W209 C.H ROBINSON WORLDWI 17,037 23,468
    142339100 CARLISLE COMMON 4,468 7,028
    14448C104 CARRIER GLOBAL CORP 2,828 16,974
    171340102 CHURCH & DWIGHT CO I 3,561 11,339
    17275R102 CISCO SYSTEMS INC CO 17,147 29,088
    194162103 COLGATE PALMOLIVE CO 17,188 24,798
    200525103 COMMERCE BANCSHARES, 5,911 13,666
    22160K105 COSTCO WHOLESALE COR 9,719 11,303
    231561101 CURTISS WRIGHT CORP 4,400 7,563
    254687106 THE WALT DISNEY COMP 5,534 8,515
    254709108 DISCOVER FINANCIAL S 408 905
    260003108 DOVER CORPORATION CO 21,154 49,238
    30231G102 EXXON MOBIL CORP COM 4,080 16,488
    30303M102 FACEBOOK INC-A COMMO 14,975 19,121
    303075105 FACTSET RESEARCH SYS 2,796 9,975
    363576109 GALLAGHER ARTHUR J C 3,888 12,371
    370334104 GENERAL MILLS INC CO 8,138 11,760
    37959E102 GLOBE LIFE INC COM 12,994 23,740
    437076102 HOME DEPOT INC COMMO 4,010 45,421
    440452100 HORMEL FOODS CORP 2,084 6,758
    443510607 HUBBELL INC COMMON 3,988 7,056
    452308109 ILLINOIS TOOL WORKS 3,749 23,446
    458140100 INTEL CORP COMMON 29,298 74,730
    478160104 JOHNSON & JOHNSON CO 35,127 100,881
    48123V102 J2 GLOBAL, INC. COMM 2,888 8,304
    571748102 MARSH & MCLENNAN COS 19,382 44,928
    579780206 MCCORMICK AND COMPAN 12,639 38,240
    580135101 MCDONALDS CORP. COMM 11,036 23,604
    58155Q103 MCKESSON CORP CORPOR 9,653 17,392
    58933Y105 MERCK & CO INC COMMO 10,235 10,634
    594918104 MICROSOFT CORP COMMO 43,859 400,356
    61174X109 MONSTER BEVERAGE COR 6,042 8,323
    65339F101 NEXTERA ENERGY INC C 12,582 15,430
    654106103 NIKE INC CLASS B 22,795 311,234
    67066G104 NVIDIA CORP COMMON 6,859 13,055
    68389X105 ORACLE CORP COMMON 15,705 27,493
    68902V107 OTIS WORLDWIDE CORP 4,314 15,199
    693506107 PPG INDUSTRIES INC C 11,868 57,688
    713448108 PEPSICO INC COMMON 37,670 143,851
    742718109 PROCTER & GAMBLE CO 16,497 54,265
    749685103 RPM INC COMMON 7,977 15,433
    75513E101 RAYTHEON TECHNOLOGIE 17,917 55,492
    761152107 RESMED INC COMMON 4,262 14,879
    824348106 SHERWIN-WILLIAMS CO 2,124 28,661
    855244109 STARBUCKS CORP COMMO 3,786 5,349
    871607107 SYNOPSYS INC. 4,324 22,035
    872540109 TJX COMPANIES COMMON 20,351 40,974
    891092108 TORO COMPANY COMMON 1,786 9,010
    907818108 UNION PACIFIC CORP C 16,480 41,644
    91324P102 UNITEDHEALTH GROUP I 5,236 63,824
    92220P105 VARIAN MED SYS INC C 14,122 35,002
    92343V104 VERIZON COMMUNICATIO 7,079 7,344
    92826C839 VISA INC CLASS A SHA 4,475 5,468
    931142103 WALMART INC COMMON 11,988 14,415
    942622200 WATSCO INC COMMON 5,017 12,460
    771195104 ROCHE HOLDING LTD AD 10,223 10,924
    H84989104 TE CONNECTIVITY LTD 12,388 27,241

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    FREDERICK KALMBACH CHARITABLE REMAINDER
    EIN:
    22-6742794
    US Government Securities - End of Year Book Value:

    586,553
    US Government Securities - End of Year Fair Market Value:

    663,859
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2020 InvestmentsOtherSchedule2
    Name:
    FREDERICK KALMBACH CHARITABLE REMAINDER
    EIN:
    22-6742794
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    207019704 CONESTOGA SMALL CAP- AT COST 56,969 181,031
    74256W527 PRINCIPAL EDGE MIDCA AT COST 58,711 66,564
    92828N668 VIRTUS KAR SMALL CAP AT COST 1,840 2,479
    00143W859 INVESCO OPPENHEIMER AT COST 35,000 44,310
    412295107 HARDING LOEVNER INTE AT COST 124,965 158,620
    464287234 ISHARES MSCI EMERGIN AT COST 35,941 45,108
    464287465 ISHARES MSCI EAFE IN AT COST 101,946 118,706
    464287606 ISHARES S&P MIDCAP 4 AT COST 56,967 75,687
    464288273 ISHARES MSCI EAFE SM AT COST 66,053 78,056

    TY 2020 OtherDecreasesSchedule
    Name:
    FREDERICK KALMBACH CHARITABLE REMAINDER
    EIN:
    22-6742794
    Description Amount
    TIMING ADJUSTMENT 3,774
    ROC ADJUSTMENT 5
    2020 TRANSACTION POSTED IN 2021 290


    TY 2020 OtherExpensesSchedule
    Name:
    FREDERICK KALMBACH CHARITABLE REMAINDER
    EIN:
    22-6742794
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEES FOR FOREIGN INTEREST PAYA 11 11   0
    ADVERTISING 646 0 534 112
    BOOKS 91 0 75 16
    COMPUTER 1,343 0 1,109 233
    LEGAL EXPENSE 50 0 41 9
    MISCELLANEOUS ADMINISTRATIVE 294 0 243 51
    OFFICE SUPPLIES 444 0 367 77
    PAYROLL SERVICE FEE 1,481 0 1,223 258
    TELEPHONE SERVICE 567 0 468 99
    FIVE YEAR ACCOUNTING '19-2023 600 0 496 104
    ADMINISTRATORS SALARIES 50,824 0 41,984 8,839
    ADMINISTRATORS BENEFITS 10,094 0 8,339 1,755
    GROUNDS SALARY 8,186 0 6,762 1,424
    PROGRAMS - OUTDOOR 1,029 0 850 179
    PROGRAM SUPPLIES 76 0 63 13
    REFRESHMENTS 230 0 190 40
    CLEANING / PAPER PRODUCTS SUPP 1,331 0 1,100 232
    DECORATING SUPPLIES 234 0 193 41
    HVAC CONTRACT 910 0 752 158
    KITCHEN APPLIANCES & SUPPLIES 33 0 28 6
    MAINTENANCE SUPPLIES 793 0 655 138
    MISCELLANEOUS OPERATING 46 0 38 8
    MULCH 1,151 0 951 200
    PLANTINGS 822 0 679 143
    PROJECTS - OUTDOOR 1,111 0 918 193
    REPAIRS 2,190 0 1,809 381
    SECURITY CONTRACT 531 0 439 92
    SNOW REMOVAL 270 0 223 47
    TREE MAINTENANCE 650 0 537 113
    VEHICLE / EQUIPMENT EXPENSES 3,476 0 2,871 605
    EQUIPMENT PURCHASE 17,500 0 14,456 3,044
    ELECTRIC BARN 1,236 0 1,021 215
    ELECTRIC - HOUSE 3,434 0 2,837 597
    PROPANE HEATING - BARN 1,369 0 1,131 238
    WATER/SEWER/GARBAGE 1,293 0 1,068 225
    FIELD & PINE FOREST CUTTING 400 0 330 70
    PROJECTS 349 0 288 61
    DIRECTORS & OFFICERS POLICY 1,338 0 1,105 233
    PROPERTY & TRUCK POLICY 7,152 0 5,908 1,244
    WORKERS COMPENSATION POLICY 4,503 0 3,720 783
    GAZEBO REPAIR 28 0 23 5
    PATHWAY IN UPPERFIELD 10,070 0 8,319 1,751


    TY 2020 OtherIncreasesSchedule
    Name:
    FREDERICK KALMBACH CHARITABLE REMAINDER
    EIN:
    22-6742794
    Description Amount
    2019 TRANSACTION POSTED IN 2020 14
    PRIOR PERIOD ADJUSTMENT 1,037
    COST BASIS ADJUSTMENT 9


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    FREDERICK KALMBACH CHARITABLE REMAINDER
    EIN:
    22-6742794
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK FEES 28,914 28,914    


    TY 2020 TaxesSchedule
    Name:
    FREDERICK KALMBACH CHARITABLE REMAINDER
    EIN:
    22-6742794
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 99 99 99 0
    FEDERAL TAX PAYMENT - PRIOR YE 880 0   0
    FEDERAL ESTIMATES - PRINCIPAL 2,984 0   0
    FOREIGN TAXES ON QUALIFIED FOR 599 599 599 0
    FOREIGN TAXES ON NONQUALIFIED 39 39 39 0