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
PETER C AND CHARLENE J KESLING
FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)2405 INDIANA AVE MUSEUM BLDG NO
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LAPORTE, IN46350
A Employer identification number

35-6377932
B Telephone number (see instructions)

(219) 785-2591
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$3,984,869
J 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 15 15  
4 Dividends and interest from securities... 46,724 46,724  
5a Gross rents............ 5,352    
b Net rental income or (loss) 5,352
6a Net gain or (loss) from sale of assets not on line 10 20,753
b Gross sales price for all assets on line 6a 243,630
7 Capital gain net income (from Part IV, line 2)... 20,753
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).......      
12 Total. Add lines 1 through 11........ 72,844 67,492 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 12,689 3,172 0 4,417
c Other professional fees (attach schedule).... 3,243 3,243 0 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 6,491 3,268 0 3,223
19 Depreciation (attach schedule) and depletion... 5,933 0 0
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 4,863 2,432 0 2,431
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 33,219 12,115 0 10,071
25 Contributions, gifts, grants paid....... 72,500 72,500
26 Total expenses and disbursements. Add lines 24 and 25 105,719 12,115 0 82,571
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -32,875
b Net investment income (if negative, enter -0-) 55,377
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 58,287 39,011 39,011
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.............. 26,319 26,319 26,319
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 537,073 Click to see attachment542,583 1,551,201
c Investments—corporate bonds (attach schedule)....... 185,940 Click to see attachment169,305 174,500
11 Investments—land, buildings, and equipment: basis bullet737,370
Less: accumulated depreciation (attach schedule) bullet   737,370 737,370 737,370
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 29,968 Click to see attachment33,427 33,995
14 Land, buildings, and equipment: basis bullet258,281
Less: accumulated depreciation (attach schedule) bullet140,122 124,092 Click to see attachment118,159 118,159
15 Other assets (describe bullet) Click to see attachment502,975 Click to see attachment502,975 Click to see attachment1,304,314
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,202,024 2,169,149 3,984,869
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 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........ 1,976,268 1,976,268
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 225,756 192,881
29 Total net assets or fund balances (see instructions)..... 2,202,024 2,169,149
30 Total liabilities and net assets/fund balances (see instructions). 2,202,024 2,169,149
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
2,202,024
2
Enter amount from Part I, line 27a .....................
2
-32,875
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
2,169,149
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
2,169,149
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 PUBLICLY TRADED SECURITIES      
b PUBLICLY TRADED SECURITIES      
c PUBLICLY TRADED SECURITIES      
d PUBLICLY TRADED SECURITIES      
e
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a 37,630   34,112 3,518
b 150,798   142,376 8,422
c 55,180   46,389 8,791
d 22     22
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a       3,518
b       8,422
c       8,791
d       22
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2 20,753
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 0
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................................ 1 770
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........................... 3 770
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- ..... 5 770
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 719
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 719
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 51
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletIN
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletMS SUSANNE KAMONT SECRETARY Telephone no.bullet (219) 326-1337

    Located atbullet2405 INDIANA AVELAPORTEIN ZIP+4bullet46350
    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
    CHARLENE J KESLING TRUSTEE
    1.00
    0 0 0
    2405 INDIANA AVE MUSEUM BLDG 2
    LAPORTE,IN46350
    PETER C KESLING TRUSTEE
    1.00
    0 0 0
    2405 INDIANA AVE MUSEUM BLDG 2
    LAPORTE,IN46350
    CHRISTOPHER KESLING TRUSTEE
    0.00
    0 0 0
    2405 INDIANA AVE MUSEUM BLDG 2
    LAPORTE,IN46350
    EMILY KESLING TRUSTEE
    0.00
    0 0 0
    2405 INDIANA AVE MUSEUM BLDG 2
    LAPORTE,IN46350
    ADAM W KESLING TRUSTEE
    0.00
    0 0 0
    2405 INDIANA AVE MUSEUM BLDG 2
    LAPORTE,IN46350
    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 DISPLAYING A COLLECTION OF ANTIQUE/CLASSIC AUTOMOBILES, WHICH HIGHLIGHTS THE PAST 100 YEARS OF THE AUTOMOTIVE INDUSTRY. 0
    2 PRESERVATION OF THE AUTOMOBILES FOR ENJOYMENT AND EDUCATION. 0
    3 PRESERVATION AND RESTORATION OF HISTORIC BUILDINGS AND LANDMARKS FOR ENJOYMENT AND EDUCATION. 0
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    1,778,628
    b
    Average of monthly cash balances.......................
    1b
    23,337
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,801,965
    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
    1,801,965
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    27,029
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,774,936
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    88,747
    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
    88,747
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    770
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    770
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    87,977
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    87,977
    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
    87,977
    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
    82,571
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    82,571
    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
    82,571
    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 87,977
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 71,086
    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........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 82,571
    a Applied to 2019, but not more than line 2a 71,086
    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..... 11,485
    e Remaining amount distributed out of corpus 0
    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 0
    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 ..........
    76,492
    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 ......
    0
    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).)
    PETER C KESLING
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    Foundation
    status of
    recipient
    Purpose of grant or
    contribution
    Amount
    Name and address (home or business)
    aPaid during the year
    AUBURN CORD DUESENBERG AUTOMOBILE MUSEUM
    1600 S WAYNE ST
    AUBURN,IN46706
      PC GENERAL CONTRIBUTIONS 500
    RUMLEY ALLIS-CHALMERS HERITAGE LAPORTE HERITAGE CENTER
    2581 W STATE RD 2
    LAPORTE,IN46350
      PC GENERAL CONTRIBUTIONS 10,000
    LAPORTE LITTLE THEATRE CLUB INC
    PO BOX 1573
    LAPORTE,IN46352
      PC GENERAL CONTRIBUTIONS 10,000
    LAPORTE COUNTY PUBLIC LIBRARY
    904 INDIANA AVE
    LAPORTE,IN46350
      PC GENERAL CONTRIBUTIONS 10,000
    LAPORTE COUNTY HISTORICAL SOCIETY
    2405 INDIANA AVE STE 1
    LAPORTE,IN46350
      PC GENERAL CONTRIBUTIONS 32,000
    CASS COUNTY HISTORICAL SOCIETY
    1004 E MARKET ST
    LOGANSPORT,IN46947
      PC GENERAL CONTRIBUTIONS 10,000
    Total .................................bullet 3a 72,500
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........
        14 15  
    4 Dividends and interest from securities....     14 46,724  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 5,352  
    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 20,753  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 72,844 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    72,844
    (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 AccountingFeesSchedule
    Name:
    PETER C AND CHARLENE J KESLING
     
    FOUNDATION
    EIN:
    35-6377932
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNT & MANAGEMENT FEES 5,889 1,472 0 4,417
    ACCOUNTING FEES 6,800 1,700 0 0

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

    TY 2020 DepreciationSchedule
    Name:
    PETER C AND CHARLENE J KESLING
     
    FOUNDATION
    EIN:
    35-6377932
    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
    STOCK SHELVES 1994-01-07 350 350 200DB 7.000000000000 0 0 0  
    CASTERS 1994-01-21 140 140 200DB 7.000000000000 0 0 0  
    DRIP PANS 1994-01-28 515 515 200DB 7.000000000000 0 0 0  
    JBM & PDH FURNITUR 1994-06-12 601 601 200DB 7.000000000000 0 0 0  
    CHAIR/WASTEBASKET 1994-07-01 397 397 200DB 7.000000000000 0 0 0  
    VARIOUS 1994-07-29 414 414 200DB 7.000000000000 0 0 0  
    BLAZER FOR VOLUNTE 1994-09-16 569 569 200DB 7.000000000000 0 0 0  
    VARIOUS FURNITURE 1994-10-09 945 945 200DB 7.000000000000 0 0 0  
    REIMB. PICTURE FRA 1995-03-17 770 770 200DB 7.000000000000 0 0 0  
    REIMBURSEMENT 1995-03-24 1,282 1,282 200DB 7.000000000000 0 0 0  
    PLANTS 1995-06-23 1,401 1,401 200DB 7.000000000000 0 0 0  
    VARIOUS FURNITURE 1994-11-23 8,737 8,737 200DB 7.000000000000 0 0 0  
    BOOK CASES 1997-03-15 631 631 200DB 7.000000000000 0 0 0  
    ANTIQUES 1997-08-22 453 453 200DB 7.000000000000 0 0 0  
    POSTS-BASES 1997-12-12 1,035 1,035 200DB 7.000000000000 0 0 0  
    DISPLAY 1998-03-15 214 214 200DB 7.000000000000 0 0 0  
    VARIOUS 1998-03-15 1,587 1,587 200DB 7.000000000000 0 0 0  
    FINE WOODWORK 2000-03-14 2,616 2,593 200DB 7.000000000000 0 0 0  
    WOODWORK 2000-03-15 1,908 1,891 200DB 7.000000000000 0 0 0  
    BLDG MATS 2000-04-13 36 36 200DB 7.000000000000 0 0 0  
    FINE WOODWORK 2000-04-13 6,507 6,449 200DB 7.000000000000 0 0 0  
    FURNITURE & FIXTURE 2000-05-04 337 334 200DB 7.000000000000 0 0 0  
    PAINT & GLASS 2000-05-19 192 191 200DB 7.000000000000 0 0 0  
    MCMASTER CAR SUPPL 2000-05-30 222 220 200DB 7.000000000000 0 0 0  
    DISPLAY CABINET 2000-06-14 4,600 4,559 200DB 7.000000000000 0 0 0  
    CABINETS 2000-06-15 244 242 200DB 7.000000000000 0 0 0  
    PAINT & GLASS 2000-06-22 95 94 200DB 7.000000000000 0 0 0  
    MSC IND SUPPLY 2000-06-23 148 147 200DB 7.000000000000 0 0 0  
    MCMASTER CARR 2000-07-20 322 318 200DB 7.000000000000 0 0 0  
    TABLES 2000-07-25 493 489 200DB 7.000000000000 0 0 0  
    FINE WOODWORK 2000-09-07 200 198 200DB 7.000000000000 0 0 0  
    POSTS & FRAME 2000-11-08 1,237 1,226 200DB 7.000000000000 0 0 0  
    FURNITURE & FRAME 2000-12-31 113 112 200DB 7.000000000000 0 0 0  
    CABINET-LABOR 2001-03-15 415 390 200DB 7.000000000000 0 0 0  
    BLDG MATS 2001-03-15 72 68 200DB 7.000000000000 0 0 0  
    LABOR-CABINET 2001-04-10 1,150 1,105 200DB 7.000000000000 0 0 0  
    CONFERENCE TABLE 2001-12-06 357 357 200DB 7.000000000000 0 0 0  
    FOLDING CHAIRS 2001-12-13 156 156 200DB 7.000000000000 0 0 0  
    CONFERENCE ROOM 2001-12-13 1,216 1,216 200DB 7.000000000000 0 0 0  
    DISPLAY CABINETS 2001-12-31 95 95 200DB 7.000000000000 0 0 0  
    FURNITURE 1994-07-01 7,261 7,261 200DB 7.000000000000 0 0 0  
    VARIOUS 1994-08-26 1,698 1,698 200DB 7.000000000000 0 0 0  
    ROPES 1996-03-15 2,105 2,105 200DB 7.000000000000 0 0 0  
    TABLE 1996-05-15 437 437 200DB 7.000000000000 0 0 0  
    ANTIQUES 1995-09-30 450 450 200DB 7.000000000000 0 0 0  
    ROPES 1996-12-12 1,117 1,117 200DB 7.000000000000 0 0 0  
    FOLDING 2002-01-15 923 923 200DB 7.000000000000 0 0 0  
    MISCELLANEOUS 2002-12-31 2,298   NC 0 % 0 0 0  
    DISPLAY 2003-06-01 1,145 1,145 200DB 7.000000000000 0 0 0  
    CREDENZA 2006-05-03 2,475 2,475 200DB 7.000000000000 0 0 0  
    CHAIRS 2006-09-26 463 463 200DB 7.000000000000 0 0 0  
    ROOF-LITTLE STONE 2006-01-13 14,469 7,194 SL 27.500000000000 526 0 526  
    DPB-PAVING-DOOR PRAIRI 2006-10-05 16,014 14,241 150DB 15.000000000000 1,182 0 1,068  
    DPB-NEW SIDING-DOOR 2006-01-13 7,610 2,722 SL 39.000000000000 195 0 195  
    DPB IMPROVEMENTS 2007-07-01 75,494 24,121 SL 39.000000000000 1,936 0 1,936  
    SM BARN IMPROVEMENTS 2007-07-01 8,446 2,703 SL 39.000000000000 217 0 217  
    LSH IMPROVEMENTS 2007-07-01 4,891 2,218 SL 27.500000000000 178 0 178  
    MISC FURN & FIXTURES 2007-07-01 360 359 200DB 7.000000000000 0 0 0  
    DPB IMPROVEMENTS 2008-07-01 3,768 1,111 SL 39.000000000000 97 0 97  
    SM BARN IMPROVEMENTS 2008-07-01 8,348 2,452 SL 39.000000000000 214 0 214  
    LSH WASHER/DRYER 2008-07-01 1,304 1,303 200DB 5.000000000000 0 0 0  
    DPB-DOOR PR. - SIDING 2009-10-05 1,120 296 SL 39.000000000000 29 0 29  
    DPB - SIDING WORK 2009-10-30 192 51 SL 39.000000000000 5 0 5  
    TV/DVD PLYR & SHLF 2010-07-27 961 961 200DB 7.000000000000 0 0 0  
    DPB IMPROVEMENTS 2011-07-01 14,060 3,045 SL 39.000000000000 361 0 361  
    SM BARN IMPROVEMENTS 2011-10-01 30,879 6,501 SL 39.000000000000 792 0 792  
    DPB IMPROVEMENTS 2012-10-23 224 43 SL 39.000000000000 6 0 6  
    SM BARN IMPROVEMENTS 2012-02-13 704 142 SL 39.000000000000 18 0 18  
    SM BARN IMPROVEMENTS 2012-10-11 320 58 SL 39.000000000000 8 0 8  
    SM BARN IMPROVEMENTS 2012-07-10 800 156 SL 39.000000000000 21 0 21  
    DPB IMPROV-DRIVEWAY 2013-08-08 2,192 1,092 150DB 15.000000000000 129 0 146  
    DPB IMPROVEMENTS 2013-09-26 320 159 150DB 15.000000000000 19 0 21  
    LSH-HOT WATER HEATER 2014-08-21 1,554 1,554 200DB 5.000000000000 0 0 0  
    LSH-WATER SOFTENER 2014-10-22 1,107 1,106 200DB 5.000000000000 0 0 0  

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    PETER C AND CHARLENE J KESLING
     
    FOUNDATION
    EIN:
    35-6377932
    Name of Bond End of Year Book Value End of Year Fair Market Value
    WELLS FARGO CO NEW NOTE 3/4/21 15,021 15,032
    BANK AMER CORP MTN 1/24/22 15,440 15,853
    GOLDMAN SACHS GROUP INC NOTE 1/24/22 15,445 15,855
    UNITED STATES TREAS NTS NOTE 7/31/23 33,597 35,997
    UNITED STATES TREAS NTS NOTE 1/15/25 16,350 17,793
    UNITED STATES TREAS NTS SER 5/31/27 45,052 44,842
    UNITED STATES TREAS BDS SER 2/15/49 28,400 29,128

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    PETER C AND CHARLENE J KESLING
     
    FOUNDATION
    EIN:
    35-6377932
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AMDOCS LTD ORD (DOX) 4,833 5,958
    AT&T INC COM (T) 5,821 4,688
    ALPHABET INC CAP STK CL A (GOOGL) 4,311 7,010
    AMGEN INC (AMGEN) 3,928 4,828
    ANTHEM INC COM (ANTM) 4,219 7,064
    AUTOLIVE INC COM (ALV) 2,963 5,618
    AUTOZONE INC COM (AZO) 3,985 7,113
    BERKSHIRE HATHAWAY INC COM (BRKB) 4,330 8,811
    BLACKROCK INC COM (BLK) 2,449 11,544
    BRISTOL-MYERS SQUIBB CO COM (BMY) 5,690 7,257
    CVS HEALTH CORPORATION COMM (CVS) 6,329 6,079
    CHEVRON CORP NEW COM (CVX) 4,580 3,885
    CISCO SYSTEMS INC (CSCO) 4,429 4,251
    COGNIZANT TECHNOLOGY SOLUTIONS CORP COM (CTSH) 4,746 7,048
    DISNEY WALT (DIS) 2,828 5,617
    DOMINION ENERGY INC COM (D) 7,228 7,219
    DUKE ENERGY CORP NEW COM (DUK) 5,870 6,226
    EASTMAN CHEMICAL CO COM (EMN) 5,932 8,022
    EMERSON ELECTRIC CO (EMR) 5,239 7,233
    FACBOOK INC-CLASS A (FB) 4,317 7,102
    GENERAL DYNAMICS CORP COM (GD) 4,825 5,209
    HCA HEALTHCARE INC COM (HCA) 5,333 9,539
    HERSHEY COMPANY COM (HSY) 2,398 4,113
    INTEL CORP COM (INTC) 3,462 4,932
    JPMORGAN CHASE & CO (JPM) 5,110 7,243
    JOHNSON & JOHNSON COM (JNJ) 1,961 4,721
    KIMBERLY-CLARK CORP COM (KMB) 2,445 3,236
    KINDER MORGAN INC COM (KMI) 3,502 3,582
    LKQ CORP COM (LKQ) 4,759 6,132
    M&T BANK CORP COM (MTB) 4,600 5,601
    MCKESSON CORP (MCK) 5,807 7,131
    METLIFE INC COM (MET) 3,745 5,118
    NUCOR CORP COM (NUE) 3,682 6,117
    OMNICOM GROUP INC COM (OMC) 8,676 8,233
    PNC FINANCIAL SERVICES GROUP COM (PNC) 5,839 7,897
    PARKER-HANNIFIN CORP COM (PH) 2,600 5,721
    PEPSICO INC (PEP) 5,160 7,563
    PFIZER INC (PFE) 3,030 3,497
    PRICE T ROWE GROUPS COM (TROW) 3,890 7,872
    PRINCIPAL FINANCIAL GROUP (PFG) 4,335 4,614
    PRUDENTIAL FINL INC (PRU) 4,026 3,825
    SCHLUMBERGER LIMITED COM (SLB) 3,138 4,431
    SOUTHERN CO (SO) 3,949 5,099
    SYSCO CORP (SYY) 1,810 4,604
    TARGET CORP COM (TGT) 2,168 6,885
    3M COMPANY (MMM) 3,522 6,118
    US BANCORP DEL COM (USB) 6,414 7,035
    UNITED PARCEL SVC INC CL B (UPS) 3,742 6,062
    UNIVERSAL HEALTH SVCS INC CL B (UHS) 4,035 4,125
    VERIZON COMMUNICATIONS (VZ) 3,698 4,583
    WEC ENERGY GROUP INC COM (WEC) 326,895 1,247,790

    TY 2020 InvestmentsOtherSchedule2
    Name:
    PETER C AND CHARLENE J KESLING
     
    FOUNDATION
    EIN:
    35-6377932
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    SPDR SER TR BLOMBERG BRC INV (FLRN) AT COST 11,074 11,012
    SCHWAB STRATEGIC TR SHORT TERM (SCHO) AT COST 11,244 11,563
    ESSEX PROPERTY TRUST INC COM (ESS) AT COST 3,963 3,799
    PUBLIC STORAGE COM (PSA) AT COST 7,146 7,621

    TY 2020 LandEtcSchedule2
    Name:
    PETER C AND CHARLENE J KESLING
     
    FOUNDATION
    EIN:
    35-6377932
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    STOCK SHELVES 350 350 0 0
    CASTERS 140 140 0 0
    DRIP PANS 515 515 0 0
    JBM & PDH FURNITUR 601 601 0 0
    CHAIR/WASTEBASKET 397 397 0 0
    VARIOUS 414 414 0 0
    BLAZER FOR VOLUNTE 569 569 0 0
    VARIOUS FURNITURE 945 945 0 0
    REIMB. PICTURE FRA 770 770 0 0
    REIMBURSEMENT 1,282 1,282 0 0
    PLANTS 1,401 1,401 0 0
    VARIOUS FURNITURE 8,737 8,737 0 0
    BOOK CASES 631 631 0 0
    ANTIQUES 453 453 0 0
    POSTS-BASES 1,035 1,035 0 0
    DISPLAY 214 214 0 0
    VARIOUS 1,587 1,587 0 0
    FINE WOODWORK 2,616 2,593 23 23
    WOODWORK 1,908 1,891 17 17
    BLDG MATS 36 36 0 0
    FINE WOODWORK 6,507 6,449 58 58
    FURNITURE & FIXTURE 337 334 3 3
    PAINT & GLASS 192 191 1 1
    MCMASTER CAR SUPPL 222 220 2 2
    DISPLAY CABINET 4,600 4,559 41 41
    CABINETS 244 242 2 2
    PAINT & GLASS 95 94 1 1
    MSC IND SUPPLY 148 147 1 1
    MCMASTER CARR 322 318 4 4
    TABLES 493 489 4 4
    FINE WOODWORK 200 198 2 2
    POSTS & FRAME 1,237 1,226 11 11
    FURNITURE & FRAME 113 112 1 1
    CABINET-LABOR 415 390 25 25
    BLDG MATS 72 68 4 4
    LABOR-CABINET 1,150 1,105 45 45
    CONFERENCE TABLE 357 357 0 0
    FOLDING CHAIRS 156 156 0 0
    CONFERENCE ROOM 1,216 1,216 0 0
    DISPLAY CABINETS 95 95 0 0
    FURNITURE 7,261 7,261 0 0
    VARIOUS 1,698 1,698 0 0
    ROPES 2,105 2,105 0 0
    TABLE 437 437 0 0
    ANTIQUES 450 450 0 0
    ROPES 1,117 1,117 0 0
    FOLDING 923 923 0 0
    MISCELLANEOUS 2,298 0 2,298 2,298
    DISPLAY 1,145 1,145 0 0
    CREDENZA 2,475 2,475 0 0
    CHAIRS 463 463 0 0
    ROOF-LITTLE STONE 14,469 7,720 6,749 6,749
    DPB-PAVING-DOOR PRAIRI 16,014 15,423 591 591
    DPB-NEW SIDING-DOOR 7,610 2,917 4,693 4,693
    DPB IMPROVEMENTS 75,494 26,057 49,437 49,437
    SM BARN IMPROVEMENTS 8,446 2,920 5,526 5,526
    LSH IMPROVEMENTS 4,891 2,396 2,495 2,495
    MISC FURN & FIXTURES 360 359 1 1
    DPB IMPROVEMENTS 3,768 1,208 2,560 2,560
    SM BARN IMPROVEMENTS 8,348 2,666 5,682 5,682
    LSH WASHER/DRYER 1,304 1,303 1 1
    DPB-DOOR PR. - SIDING 1,120 325 795 795
    DPB - SIDING WORK 192 56 136 136
    TV/DVD PLYR & SHLF 961 961 0 0
    DPB IMPROVEMENTS 14,060 3,406 10,654 10,654
    SM BARN IMPROVEMENTS 30,879 7,293 23,586 23,586
    DPB IMPROVEMENTS 224 49 175 175
    SM BARN IMPROVEMENTS 704 160 544 544
    SM BARN IMPROVEMENTS 320 66 254 254
    SM BARN IMPROVEMENTS 800 177 623 623
    DPB IMPROV-DRIVEWAY 2,192 1,221 971 971
    DPB IMPROVEMENTS 320 178 142 142
    LSH-HOT WATER HEATER 1,554 1,554 0 0
    LSH-WATER SOFTENER 1,107 1,106 1 1


    TY 2020 OtherAssetsSchedule
    Name:
    PETER C AND CHARLENE J KESLING
     
    FOUNDATION
    EIN:
    35-6377932
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    CLASSIC AUTOS AND ARTWORK 502,975 502,975 1,304,314


    TY 2020 OtherExpensesSchedule
    Name:
    PETER C AND CHARLENE J KESLING
     
    FOUNDATION
    EIN:
    35-6377932
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MEMBERSHIP AND SUBSCRIPTION 415 207 0 208
    OFFICE SUPPLIES & POSTAGE 21 11 0 10
    REPAIRS AND MAINTENANCE 3,480 1,740 0 1,740
    TITLES, LICENSES & FEES 302 151 0 151
    UTILITIES 645 323 0 322


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    PETER C AND CHARLENE J KESLING
     
    FOUNDATION
    EIN:
    35-6377932
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    DEAN INVESTMENT MGMT FEES 3,243 3,243 0 0


    TY 2020 TaxesSchedule
    Name:
    PETER C AND CHARLENE J KESLING
     
    FOUNDATION
    EIN:
    35-6377932
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX 44 44 0 0
    PROPERTY TAXES 6,447 3,224 0 3,223