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. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
BEVERLY BEALL & R KEMP RIECHMANN
FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 25207
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BRADENTON, FL34206
A Employer identification number

65-0808807
B Telephone number (see instructions)

(941) 744-4854
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$683,433
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 1 1 1
4 Dividends and interest from securities... 9,693 9,693  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 30,902
b Gross sales price for all assets on line 6a 127,601
7 Capital gain net income (from Part IV, line 2)... 30,902
8 Net short-term capital gain......... 24,742
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)....... 2,110 2,110 2,110
12 Total. Add lines 1 through 11........ 42,706 42,706 26,853
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 14,000 1,000 14,000 13,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 9,415 0 9,415 9,415
c Other professional fees (attach schedule).... 10,648 9,448 10,648 1,200
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 3,499 95 95 0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 287 0 287 287
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 22,915 0 22,915 22,915
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 60,764 10,543 57,360 46,817
25 Contributions, gifts, grants paid....... 34,467 34,467
26 Total expenses and disbursements. Add lines 24 and 25 95,231 10,543 57,360 81,284
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -52,525
b Net investment income (if negative, enter -0-) 32,163
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
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............. 83,747 26,246 26,246
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet100
Less: allowance for doubtful accounts bullet0 2,500 Click to see attachment100 100
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 336 289 289
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 328,665 Click to see attachment340,502 656,798
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment1,057 Click to see attachment0 Click to see attachment0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 416,305 367,137 683,433
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment0 Click to see attachment3,357
23 Total liabilities (add lines 17 through 22)......... 0 3,357
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........ 473,799 473,799
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds -57,494 -110,019
29 Total net assets or fund balances (see instructions)..... 416,305 363,780
30 Total liabilities and net assets/fund balances (see instructions). 416,305 367,137
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
416,305
2
Enter amount from Part I, line 27a .....................
2
-52,525
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
363,780
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
363,780
Form 990-PF (2021)
Form 990-PF (2021)
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 SHORT TERM   2021-01-01 2021-12-31
b LONG TERM   2019-01-01 2021-12-31
c ADJUSTMENT FOR PTP SALE   2019-01-01 2021-12-31
d CAPITAL GAINS DIVIDENDS P    
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 90,555   65,813 24,742
b 30,793   30,886 -93
c 5,806     5,806
d 447     447
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       24,742
b       -93
c       5,806
d       447
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 30,902
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 24,742
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
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 All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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........................... 3 447
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- ..... 5 447
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 336
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 400
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 736
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 10 289
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet289 RefundedBullet 11 0
Part VI-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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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 XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletFL
    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 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    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 (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-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 ofbulletBEVERLY BEALL Telephone no.bullet (941) 747-2355

    Located atbullet1806 38TH AVE EASTBRADENTONFL ZIP+4bullet34208
    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 2021, 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 VI-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? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
    Yes
     
    (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)? ......................
    1a(5)
     
    No
    (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.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
    No
    c
    ........bullet
    d
    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 2021? .............
    1d
     
    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 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    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? ..............................
    3a
    Yes
     
    b
    If "Yes," did it have excess business holdings in 2021 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 2021.) .....................
    3b
     
    No
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-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))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
    No
    c
    .........bullet
    d
    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? .................
    5d
     
     
    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? .............................
    6a
     
    No
    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?
    7a
     
    No
    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? .........................
    8
     
    No
    Part VII
    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
    BEVERLY BEALL TRUSTEE
    20.00
    5,000 0 0
    1806 38TH AVE E
    BRADENTON,FL34208
    R KEMP RIECHMANN TRUSTEE
    20.00
    5,000 0 0
    1806 38TH AVE E
    BRADENTON,FL34208
    ROLF C RIECHMANN TRUSTEE
    1.50
    1,000 0 0
    1806 38TH AVE E
    BRADENTON,FL34208
    R KEMP RIECHMANN JR TRUSTEE
    1.50
    1,000 0 0
    1806 38TH AVE E
    BRADENTON,FL34208
    KRYSTEL BEALL TRUSTEE
    2.50
    2,000 0 0
    1806 38TH AVE E
    BRADENTON,FL34208
    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 (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    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 VIII-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 SCHOLARSHIP PROGRAM - SIGNIFICANT INVOLVEMENT GRANT PROGRAM 20,667
    2 DONATIONS TO OTHER CHARITABLE ORGANIZATIONS 13,800
    3  
    4  
    Part VIII-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 (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    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
    636,836
    b
    Average of monthly cash balances.......................
    1b
    25,091
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    661,927
    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
    661,927
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    9,929
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    651,998
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    32,600
    Part X
    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 IX, line 6..................
    1
     
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
     
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
     
    Part XI
    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
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus
    (b)
    Years prior to 2020
    (c)
    2020
    (d)
    2021
    1 Distributable amount for 2021 from Part X, line 7  
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........  
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$  
    a Applied to 2020, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....
     
    c Treated as distributions out of corpus (Election
    required—see instructions)........
     
    d Applied to 2021 distributable amount.....  
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2021.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........
     
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......
     
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........
     
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
     
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........
     
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......
     
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...
     
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......
     
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-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 2021, enter the date of the ruling ....... bullet
    1998-04-29
    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) 2021 (b) 2020 (c) 2019 (d) 2018
    0 0 0 0 0
    b 85% (0.85) of line 2a ......... 0 0 0 0 0
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....
    81,284 81,219 155,718 205,488 523,709
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........
    27,670 11,250 23,136 66,700 128,756
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....
    53,614 69,969 132,582 138,788 394,953
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......         0
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)
            0
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..
    21,733 18,751 22,175 28,041 90,700
    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) ....
            0
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....
            0
    (3) Largest amount of support
    from an exempt organization
            0
    (4) Gross investment income         0
    Part XIV
    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).)
    BEVERLY BEALL
    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:
    BEVERLY BEALL R KEMP RIECHMANN FNDT
    PO BOX 25207
    BRADENTON,FL342065207
    (941) 747-2355
    bThe form in which applications should be submitted and information and materials they should include:
    PRESCRIBED APPLICATION FORM AVAILABLE UPON REQUEST OF THE FOUNDATION.
    cAny submission deadlines:
    APRIL 1
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    APPLICANT MUST BE A GRADUATING HIGH SCHOOL SENIOR WITH A MINIMUM OF A 2.5 GPA (UNDER CERTAIN CIRCUMSTANCES, STUDENTS WITH A LOWER GPA MAY BE ACCEPTED). THE APPLICANT MUST MEET MINIMUM STANDARDS FOR STATE UNIVERSITY STUDENT ADMISSIONS, AND BE FORMALLY ACCEPTED TO A COLLEGE OR UNIVERSITY IN PURSUIT OF A 4 YEAR DEGREE, AA DEGREE OR CERTIFICATION. SCHOLARSHIP AMOUNT VARIES BASED ON ASSESSED STUDENT NEEDS AND IS TO BE USED FOR TUITION, FEES, BOOKS, AND OTHER QUALIFIED EDUCATIONAL EXPENSES.
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    BEVERLY BEALL R KEMP RIECHMANN FNDT
    PO BOX 25207
    BRADENTON,FL342069883
    (941) 747-2355
    bThe form in which applications should be submitted and information and materials they should include:
    PRESCRIBED APPLICATION FORM AVAILABLE UPON REQUEST OF THE FOUNDATION.
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GRANTS ARE AVAILABLE TO ORGANIZATIONS WORKING TO PROMOTE EDUCATION. GRANT AMOUNT VARIES BASED ON ASSESSED NEED AND ARE GIVEN AS SITUATIONS ARISE.
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    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
    KYLAH MORA
    17534 MAGGIE COURT
    SPRING HILL,FL34610
    NONE I SCHOLARSHIP 500
    RAYMOND LEE
    519 COUNTRY LANE
    BRADENTON,FL34212
    NONE I SCHOLARSHIP 667
    POLICE ATHLETIC LEAGUE
    202 13TH AVE E
    BRADENTON,FL34208
    NONE   DONATION 800
    JEANNEAN O'CONNELL
    PO BOX 12025
    ST PETERSBURG,FL33733
    NONE I SCHOLARSHIP 1,000
    MADELYN BARRON
    2309 10TH STREET WEST
    PALMETTO,FL34221
    NONE I SCHOLARSHIP 1,000
    FLORIDA SHERIFFS YOUTH RANCH
    2486 CECIL WEBB PLACE
    LIVE OAK,FL32060
    NONE   DONATION 1,000
    BLAKE O'NEAL
    9723 50TH STREET CIRCLE EAST
    PARRISH,FL34219
    NONE I SCHOLARSHIP 1,500
    JILLIAN NIXON
    5800 HOLLYWOOD BLVD UNIT 325
    SARASOTA,FL34231
    NONE I SCHOLARSHIP 1,500
    THOMAS JACOB PORTER
    13815 COUNTY ROAD 675
    PARRISH,FL34219
    NONE I SCHOLARSHIP 1,500
    TREKEL HODO
    PO BOX 1701
    PALMETTO,FL34220
    NONE I SCHOLARSHIP 1,500
    JOHNATHAN CHAPLIN
    2420 NORTH RYE ROAD
    PARRISH,FL34219
    NONE I SCHOLARSHIP 2,000
    ROSAMARIA RICO-TORRES
    3471 OAKWOOD DRIVE
    WIMAUMA,FL33598
    NONE I SCHOLARSHIP 2,000
    WILLIAM A MATTHEWS FOUNDATION SCHOLARSHIP ENDOWMENT
    770 COUNTRY CLUB DR
    HIGHLANDS,NC28741
    N/A PC GENERAL PURPOSE 2,000
    COLLIN HICKS
    5302-36TH AVE DRIVE WEST
    BRADENTON,FL34209
    NONE I SCHOLARSHIP 3,500
    TATSIANA KORBUT
    4083 SUNBEAM ROAD APT309
    JACKSONVILLE,FL32257
    NONE I SCHOLARSHIP 4,000
    UNIDOSNOW FOUNDATION
    1750 17TH ST SUTE C2
    SARASOTA,FL34234
    NONE   DONATION 10,000
    Total .................................bullet 3a 34,467
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-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 1  
    4 Dividends and interest from securities ....          
    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 30,902  
    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 42,706 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    42,706
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-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 XV-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 (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    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 (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 AccountingFeesSchedule
    Name:
    BEVERLY BEALL & R KEMP RIECHMANN
     
    FOUNDATION
    EIN:
    65-0808807
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 9,415 0 9,415 9,415

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    BEVERLY BEALL & R KEMP RIECHMANN
     
    FOUNDATION
    EIN:
    65-0808807
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3M COMPANY INC COM 1,803 1,954
    ABBVIE INC COM 2,624 4,197
    ALLY FINANCIAL INC 2,431 2,179
    ALPHABET INC CL A 1,962 8,691
    AMAZON COM INC 1,822 3,334
    AMBARELLA INC 938 2,840
    AMERICAN EXPRESS CO 1,024 1,309
    AMGEN INC 1,560 1,800
    AMPERIPRISE FINCL INC. 5,419 6,637
    ANGEL OAK MULT STRAT INC 3,491 3,201
    ANNALY CAPITAL MANAGEMENT INC 3,430 4,113
    ANTHEM INC 2,702 2,781
    APPLE INC 1,360 9,411
    ARES CAPITAL CORP 4,862 6,336
    BERKSHIRE HATHAWAY CL-B NEW 982 1,495
    BLACKROCK HEALTH SCIENCS TR II 3,802 4,210
    BLACKROCK LOW DUR BD INV INST 1,710 5,046
    BLACKROCK SCIENCE & TECH TR II 3,395 4,050
    BRISTOL MYERS SQUIBB CO 2,259 2,743
    BROADCOM INC 2,328 4,658
    CAESARS ENTERTAINMENT INC. 1,524 1,309
    CISCO SYS INC. 2,298 2,535
    COSTCO WHOLESALE CORP NEW 1,139 2,271
    COSTCO WHOLESALE CORP NEW 4,452 6,812
    CSX CORP 11,809 56,400
    CVS HEALTH CORP 2,524 3,817
    CYRUSONE INC 4,932 6,639
    DANAHER CORPORTATION 7,003 10,857
    DOMINOS PIZZA INC 5,791 8,465
    DRAFTKINGS INC 6,033 2,747
    EATON CORP PLC SHS 986 1,210
    EMERSON ELECTRIC CO 1,080 1,023
    ENTERPRISE PRODS PARTNERS LP 382 9,004
    ENTERPRISE PRODS PARTNERS LP COM 383 10,679
    ESTEE LAUDER CO INC CL A 1,986 5,553
    EXXON MOBIL CORP 2,988 3,488
    FERRARI N V 8,356 10,870
    FIRST TR HIGH YL LG/SHT ETF 2,588 2,727
    FIRST TR VALU.LN DIV 2,742 4,261
    HDFC BANK LTD ADR 9,755 11,778
    HOME DEPOT INC 1,415 4,565
    HONEYWELL INTERNATIONAL INC 1,403 2,502
    HUMANA INC 1,855 3,247
    INVESCO EXCHNG TRADED FD TR II MSCI GLBL TIMBR 12,874 30,564
    INVITATION HOMES INC 1,511 3,038
    IQVIA HOLDINGS INC 2,411 5,361
    ISHARES 0-5 HY CORP 2,337 2,401
    ISHARES TR US AER DEF ETF 10,627 15,024
    ISHARES TR US MED DVC ETF 10,130 29,553
    JOHNSON & JOHNSON 729 855
    JP MORGAN CHASE 3,179 4,751
    JP MORGAN CHASE & CO 5,141 6,334
    KINDER MORGAN INCORP 1,378 1,221
    KOPERNIK GLB ALL CAP INSTL 5,342 7,214
    KRANESSHARES CSI CHINA INTERNET 5,006 4,269
    LOWES COMPANIES INC 1,012 1,292
    LULULEMON ATHLETICA INC 1,430 2,740
    LVMH MOET HENNESSY LOUIS VUITT 7,747 15,392
    MARTIN MARIETTA MARTERIALS 1,046 1,322
    MASTERCARD INC CL A 1,603 3,593
    MASTERCARD INC CL A 1,629 5,030
    METLIFE INCORPORATED 3,836 4,374
    MGM RESORTS INTERNATIONAL 466 853
    MICROSOFT CORP 4,655 15,471
    MICROSOFT CORP 2,331 5,717
    MODERNA INC 289 1,016
    NETFLIX INC 1,698 1,807
    NEXTERA ENERGY INC 2,416 5,508
    NEXTERRA ENERGY INC 2,716 5,508
    NIKE INC B 2,408 4,833
    NVIDIA CORPORATION 783 3,529
    PALO ALTO NETWORKS INC 899 1,670
    PAYPAL HLDGS INC 1,706 1,320
    PFIZER INC 14,268 38,635
    PFIZER INC 5,752 8,739
    PGIM TOTAL RETURN BOND Z 3,115 3,020
    PIMCO INCOME 12 3,384 3,449
    PLANET FITNESS INC CL A 2,723 3,261
    PNC FINL SVCS GP 2,051 3,609
    PROCTER & GAMBLE 2,130 3,108
    QUALCOMM INC 4,163 9,509
    QUANTA SERVICES INC 1,935 1,949
    SALESFORCE.COM INC. 3,304 3,050
    SELECT SECTOR SPRD TRUST TECHNOLOGY 10,727 37,299
    SENSATA TECHNOLOGIES HLDG PLC 1,219 1,295
    SIMON PPTY GROUP INC 3,364 4,314
    SONOS INC 3,043 4,530
    STARBUCKS CORP WASHINGTON 2,657 5,498
    STATE STREET CORP 2,010 2,325
    STORE CAPITAL CORPORATION 8,907 11,249
    SVB FNCL GRP 5,043 15,600
    SVB FNCL GRP 708 2,035
    SYNCHRONY FINANCIAL 2,714 3,386
    TAIWAN SMCNDCTR MFG CO LTD ADR 2,295 9,264
    TENCENT HLDGS LTD UNSPON ADR 5,048 9,853
    TJX COS INC NEW 2,001 2,581
    T-MOBILE US INC COM 2,360 2,320
    UNITED RENTALS INC 3,869 8,307
    UNITEDHEALTH GP INC 2,107 2,511
    VIATRIS INC COM 801 1,096
    WALT DISNEY CO HLDG CO 2,625 4,027
    WASTE MGMT INC 3,516 5,675

    TY 2021 OtherAssetsSchedule
    Name:
    BEVERLY BEALL & R KEMP RIECHMANN
     
    FOUNDATION
    EIN:
    65-0808807
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    TAX REFUND 200 0 0
    DP HOMES 857 0 0


    TY 2021 OtherExpensesSchedule
    Name:
    BEVERLY BEALL & R KEMP RIECHMANN
     
    FOUNDATION
    EIN:
    65-0808807
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK CHARGES 50 0 50 50
    DUES & SUBSCRIPTIONS 1,000 0 1,000 1,000
    INSURANCE 2,587 0 2,587 2,587
    CORPORATE ADMINISTRATIVE 19,217 0 19,217 19,217
    LICENSES 61 0 61 61


    TY 2021 OtherIncomeSchedule2
    Name:
    BEVERLY BEALL & R KEMP RIECHMANN
     
    FOUNDATION
    EIN:
    65-0808807
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ENTERPRISE PRODUCT PARTNERS 2,110 2,110 2,110


    TY 2021 OtherLiabilitiesSchedule
    Name:
    BEVERLY BEALL & R KEMP RIECHMANN
     
    FOUNDATION
    EIN:
    65-0808807
    Description Beginning of Year - Book Value End of Year - Book Value
    TAXES 990-T 0 2,957
    TAXES 990-PF 0 400


    TY 2021 OtherNotesLoansRcvblShortSch2
    Name:
    BEVERLY BEALL & R KEMP RIECHMANN
     
    FOUNDATION
    EIN:
    65-0808807
    Name of 501(c)(3) Organization Balance Due
    MAXWELL SANDAGER
     
    100


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    BEVERLY BEALL & R KEMP RIECHMANN
     
    FOUNDATION
    EIN:
    65-0808807
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES 9,448 9,448 9,448 0
    PROFESSIONAL FEES 1,200 0 1,200 1,200


    TY 2021 TaxesSchedule
    Name:
    BEVERLY BEALL & R KEMP RIECHMANN
     
    FOUNDATION
    EIN:
    65-0808807
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAXES 3,336 0 0 0
    FOREIGN TAXES 95 95 95 0
    LATE PAYMENT PENALTY 68 0 0 0