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
BURCH SETTOON STUDENT LOAN TRU
 
Number and street (or P.O. box number if mail is not delivered to street address)6325 S RAINBOW BLVD STE 300
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LAS VEGAS, NV89118
A Employer identification number

75-6056226
B Telephone number (see instructions)

(888) 730-4933
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$1,669,065J 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) 3,333
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 28,418 28,371  
5a Gross rents............ 40,726 40,726  
b Net rental income or (loss) 27,957
6a Net gain or (loss) from sale of assets not on line 10 51,526
b Gross sales price for all assets on line 6a 378,532
7 Capital gain net income (from Part IV, line 2)... 51,526
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 6,709 6,709  
12 Total. Add lines 1 through 11........ 130,712 127,332  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 26,419 19,814   6,605
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment 1,089 0 0 1,089
c Other professional fees (attach schedule).... Click to see attachment 5,653     5,653
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,716 117   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 13,292 13,292    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 48,169 33,223 0 13,347
25 Contributions, gifts, grants paid....... 80,751 80,751
26 Total expenses and disbursements. Add lines 24 and 25 128,920 33,223 0 94,098
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,792
b Net investment income (if negative, enter -0-) 94,109
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............. 1,530    
2 Savings and temporary cash investments......... 58,767 44,887 44,887
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......   Click to see attachment882,785 991,274
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).......... 1,101,862 Click to see attachment242,072 632,904
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,162,159 1,169,744 1,669,065
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
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........ 1,162,159 1,169,744
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 1,162,159 1,169,744
30 Total liabilities and net assets/fund balances (see instructions). 1,162,159 1,169,744
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
1,162,159
2
Enter amount from Part I, line 27a .....................
2
1,792
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
5,816
4
Add lines 1, 2, and 3 ..........................
4
1,169,767
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
23
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
1,169,744
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 95.535 ARTISAN MID CAP FUND-INS 1333     2021-02-24
b 298.857 ARTISAN MID CAP FUND-INS 1333     2021-02-24
c 74. INVESCO OPTIMUM YIELD DIVERSIF ETF   2020-03-25 2021-02-24
d 56. ISHARES MSCI USA QUALITY FAC ETF     2021-02-24
e 189. ISHARES MSCI USA QUALITY FAC ETF   2020-02-12 2021-02-24
52.35 T ROWE PR OVERSEAS STOCK-I #521   2020-10-19 2021-02-24
1109.964 T ROWE PR OVERSEAS STOCK-I #521     2021-02-24
103.624 TOUCHSTONE MID CAP-INST #353   2020-02-13 2021-02-24
30. VANGUARD MIDCAP VIPER   2019-10-18 2021-02-24
7. ISHARES CORE S&P TOTAL U.S. ETF   2019-02-21 2021-03-29
15.218 JENSEN QUALITY GROWTH-Y #6299   2019-10-18 2021-03-29
1856.889 PIMCO HIGH YIELD FD-INST #108     2021-03-29
1506.871 PIMCO HIGH YIELD FD-INST #108   2020-05-07 2021-03-29
18.415 TOUCHSTONE MID CAP-INST #353   2020-02-13 2021-03-29
606.91 EV GL MACR ABS RTRN ADV-R6 #1072     2021-07-27
1579.827 EV GL MACR ABS RTRN ADV-R6 #1072     2021-07-27
872. INVESCO OPTIMUM YIELD DIVERSIF ETF     2021-07-27
49. ISHARES CORE S&P TOTAL U.S. ETF   2019-02-21 2021-07-27
56. ISHARES RUSSELL 2000 ETF   2020-10-19 2021-07-27
33.351 JENSEN QUALITY GROWTH-Y #6299   2019-10-18 2021-07-27
144.978 METROPOLITAN WEST T/R BD-PLN #712   2016-04-22 2021-07-27
71. VANGUARD MIDCAP VIPER     2021-07-27
1144.304 METROPOLITAN WEST T/R BD-PLN #712   2021-02-24 2021-09-24
9122.334 METROPOLITAN WEST T/R BD-PLN #712     2021-09-24
219. BAIRD AGGREGATE BOND FUND-INST 72   2021-09-24 2021-10-04
5. ISHARES RUSSELL 2000 ETF   2021-02-24 2021-10-04
6. VANGUARD MIDCAP VIPER   2020-06-12 2021-10-04
58.633 INV OPP DEVELOP MRKTS-R6 7038     2021-10-20
400.86 INV OPP DEVELOP MRKTS-R6 7038     2021-10-20
6. DODGE & COX STOCK FUND #145   2021-07-28 2021-10-20
4. ISHARES RUSSELL 2000 ETF   2021-02-24 2021-10-20
132. ISHARES CORE MSCI EMERGING ETF   2021-02-24 2021-10-20
14. JENSEN QUALITY GROWTH-Y #6299   2020-10-19 2021-10-20
1122.155 PIMCO HIGH YIELD FD-INST #108     2021-10-20
677.634 PIMCO HIGH YIELD FD-INST #108     2021-10-20
37. T ROWE PR OVERSEAS STOCK-I #521   2021-07-28 2021-10-20
18. TOUCHSTONE SANDS EM GR-R6 #525   2020-12-11 2021-10-20
21. TOUCHSTONE MID CAP-R6 #355   2021-07-28 2021-10-20
17. UNDISC MGRS BEHAV VAL - R6     2021-10-20
82. ISHARES RUSSELL 2000 ETF     2021-12-14
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 5,529   4,302 1,227
b 17,295   12,482 4,813
c 1,314   903 411
d 6,682   4,659 2,023
e 22,552   19,837 2,715
669   557 112
14,185   10,842 3,343
4,839   4,371 468
6,672   5,034 1,638
639   445 194
870   788 82
16,656   16,508 148
13,517   12,417 1,100
867   777 90
6,421   6,423 -2
16,715   16,610 105
17,468   10,505 6,963
4,911   3,112 1,799
12,145   9,134 3,011
2,141   1,726 415
1,506   1,475 31
16,890   10,276 6,614
11,809   11,752 57
94,143   92,395 1,748
2,514   2,519 -5
1,100   1,115 -15
1,419   963 456
3,154   3,100 54
21,562   12,969 8,593
1,499   1,423 76
902   892 10
8,490   8,744 -254
920   780 140
10,144   9,616 528
6,126   6,150 -24
498   488 10
409   379 30
1,037   1,017 20
1,449   1,343 106
17,695   18,178 -483
      3,179
      3,179
      3,179
      3,179
      3,179
      3,179
      3,179
      3,179
      3,179
      3,179
      3,179
      3,179
      3,179
      3,179
      3,179
      3,179
      3,179
      3,179
      3,179
      3,179
      3,179
      3,179
      3,179
      3,179
      3,179
      3,179
      3,179
      3,179
      3,179
      3,179
      3,179
      3,179
      3,179
      3,179
      3,179
      3,179
      3,179
      3,179
      3,179
      3,179
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       1,227
b       4,813
c       411
d       2,023
e       2,715
      112
      3,343
      468
      1,638
      194
      82
      148
      1,100
      90
      -2
      105
      6,963
      1,799
      3,011
      415
      31
      6,614
      57
      1,748
      -5
      -15
      456
      54
      8,593
      76
      10
      -254
      140
      528
      -24
      10
      30
      20
      106
      -483
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 51,526
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  
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 1,308
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 1,308
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 1,172
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 120
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,292
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 16
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 2022 estimated taxBullet0 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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletTX
    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
     
    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 (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 ofbulletWELLS FARGO BANK NA Telephone no.bullet (888) 730-4933

    Located atbullet100 N MAIN ST MAC D4001-117WINSTON SALEMNC ZIP+4bullet27101
    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)
    Yes
     
    (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
    Yes
     
    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
    Yes
     
    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
     
    No
    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
     
     
    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)
    Yes
     
    (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)
    Yes
     
    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
    Yes
     
    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
    WELLS FARGO BANK N A TRUSTEE
    1     		26,419    
    100 N MAIN ST MAC D4001-117
    WINSTON SALEM,NC27101
    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  
    2  
    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.........................bullet  
    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
    1,617,272
    b
    Average of monthly cash balances.......................
    1b
    53,313
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,670,585
    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
    1,670,585
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    25,059
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    1,645,526
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    82,276
    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
    82,276
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    1,308
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,308
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    80,968
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    3,333
    5
    Add lines 3 and 4............................
    5
    84,301
    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 XII, line 1 ...
    7
    84,301
    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 84,301
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 77,400
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 0
    b From 2017...... 0
    c From 2018...... 0
    d From 2019...... 0
    e From 2020...... 0
    f Total of lines 3a through e ........ 0
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 94,098
    a Applied to 2020, but not more than line 2a 77,400
    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 2021 distributable amount..... 16,698
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 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 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		67,603
    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 2016 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2017.... 0
    b Excess from 2018.... 0
    c Excess from 2019.... 0
    d Excess from 2020.... 0
    e Excess from 2021.... 0
    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
     
    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
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    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 IX, 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 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).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    BOARD OF STEWARDS
    FIRST UNITED CHURCH
    PLAINVIEW,TX79072
    (806) 293-3658
    bThe form in which applications should be submitted and information and materials they should include:
    REQUEST APPLICATION FROM CONTACT LISTED
    cAny submission deadlines:
    JUNE 1ST
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Must be a graduate of a highschool in the following Texas counties: Hale, Floyd, Lamb, Castro, Swisher, or Briscoe
    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
    KOLE MAYBERRY CO RICHLAND COLLEGE
    12800 ABRAMS RD
    DALLAS,TX75243     		NONE I SCHOLARSHIP 4,388
    COLE BENSON CO TEXAS TECH UNIVERSITY
    2500 BROADWAY
    LUBBOCK,TX79409     		NONE I SCHOLARSHIP 3,744
    ZOEY CANTU CO LUBBOCK CHRISTIAN
    UNIVERSITY
    5601 19TH ST
    LUBBOCK,TX79407     		NONE I SCHOLARSHIP 1,368
    MARIA ESQUEDA CO WEST TEXAS A&M
    UNIVERSITY
    2501 4TH AVE
    CANYON,TX79016     		NONE I SCHOLARSHIP 2,368
    AUSTIN GAUNTT CO TEXAS TECH UNIVERSITY
    2500 BROADWAY
    LUBBOCK,TX79409     		NONE I SCHOLARSHIP 1,868
    BENJAMIN GLASS CO TEXAS TECH UNIVERSITY
    2500 BROADWAY
    LUBBOCK,TX79409     		NONE I SCHOLARSHIP 2,118
    AARON HARPER CO TEXAS TECH UNIVERSITY
    2500 BROADWAY
    LUBBOCK,TX49409     		NONE I SCHOLARSHIP 2,368
    LUIS HERNANDEZ CO TTUHSC
    3601 4TH STREET
    LUBBOCK,TX79430     		NONE I SCHOLARSHIP 2,886
    AMANDA HOLT CO TEXAS TECH UNIVERSITY
    2500 BROADWAY
    LUBBOCK,TX49409     		NONE I SCHOLARSHIP 4,330
    LANEY HOOPER CO TEXAS A&M UNIVERSITY
    400 BIZZELL ST
    COLLEGE STATION,TX77843     		NONE I SCHOLARSHIP 1,868
    CAMERON HURTA CO PRINCETON THEOLOGICAL
    SEMINARY
    64 MERCER ST
    PRINCETON,NJ08542     		NONE I SCHOLARSHIP 4,388
    TAYLEIGH JOHNSON CO TEXAS TECH
    UNIVERSITY
    2500 BROADWAY
    LUBBOCK,TX49409     		NONE I SCHOLARSHIP 4,388
    MARY JOLLY CO EASTERN NEW MEXICO
    UNIVERSITY
    1500 S AVENUE K
    PORTALES,NM88130     		NONE I SCHOLARSHIP 3,080
    KELLIANNE LAMM CO WEST TEXAS A&M
    UNIVERSITY
    2501 4TH AVE
    CANYON,TX79016     		NONE I SCHOLARSHIP 2,118
    PEYTON MCNUTT CO SOUTHWESTERN OKLAHOMA
    STATE UNIV
    100 CAMPUS DR
    WEATHERFORD,OK730963098     		NONE I SCHOLARSHIP 4,388
    AVERY MYATT CO UNIVERSITY OF
    MISSISSIPPI
    406 UNIVERSITY AVE
    OXFORD,MS386554389     		NONE I SCHOLARSHIP 4,330
    MAGGIE NELSON CO TEXAS TECH UNIVERSITY
    2500 BROADWAY
    LUBBOCK,TX79409     		NONE I SCHOLARSHIP 2,368
    JETT PATTERSON CO ABILENE CHRISTIAN
    UNIVERSITY
    ACU BOX 29120
    ABILENE,TX796990001     		NONE I SCHOLARSHIP 3,744
    KATELYN PEGGRAM CO TTUHSC
    3601 4TH ST
    LUBBOCK,TX79430     		NONE I SCHOLARSHIP 3,412
    ALEXA ROSAS CO LUBBOCK CHRISTIAN
    UNIVERSITY
    5601 19TH ST
    LUBBOCK,TX79407     		NONE I SCHOLARSHIP 1,868
    KARI SCHULTE CO KANSAS STATE UNIVERSITY
    1800 KIMBALL AVE
    MANHATTAN,KS665023347     		NONE I SCHOLARSHIP 2,368
    SAMANTHA SCOTT CO WEST TEXAS A&M
    UNIVERSITY
    2501 4TH AVE
    CANYON,TX79016     		NONE I SCHOLARSHIP 3,912
    BETHANY SODER CO HARDIN-SIMMONS
    UNIVERSITY
    2200 HICKORY ST HSU BOX 16034
    ABILENE,TX79698     		NONE I SCHOLARSHIP 4,388
    PEYTON STRALEY CO TEXAS TECH UNIVERSITY
    2500 BROADWAY
    LUBBOCK,TX70409     		NONE I SCHOLARSHIP 3,412
    ELIZABETH TERRY CO WEST TEXAS A&M
    UNIVERSITY
    2501 4TH AVE
    CANYON,TX79016     		NONE I SCHOLARSHIP 2,913
    BRAZLYN WOODARD CO AMARILLO COLLEGE
    PO BOX 447
    AMARILLO,TX791780001     		NONE I SCHOLARSHIP 2,368
    Total .................................bullet 3a 80,751
    bApproved for future payment
    Total .................................bullet 3b  
    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 ...........     		         
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 27,957  
    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 51,526  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aOTHER INCOME     		    1 6,709  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) ..   114,610  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    114,610
    (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:
    BURCH SETTOON STUDENT LOAN TRU
    EIN:
    75-6056226
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 1,089     1,089

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    BURCH SETTOON STUDENT LOAN TRU
    EIN:
    75-6056226
    Name of Stock End of Year Book Value End of Year Fair Market Value
    NT7705249 HATCH HALLEY & HOWAR 13,001 13,001
    NT7714555 MUNOZ, LORENA 6% 4,690 4,690
    NT7714571 TOWNSEND COLEMAN 6% 4,713 4,713
    722005667 PIMCO COMMODITY REAL 23,219 23,260
    NT7620919 LEFEVRE BRIANNE & CH 5,088 5,088
    NT7620968 CARSON KELBI & DANNY 8,908 8,908
    NT7621032 SMYTHE.D. & DUNLAPR& 9,734 9,734
    NT7621412 ALLEN EMILY J T HATC 516 516
    NT7621438 WELCH ASHLEY BT HATC 7,986 7,986
    NT7705256 MARTINEZ M & M 6% 5/ 2,241 2,241
    381430503 GOLDMAN ACTIVEBETA U 40,759 59,938
    89154M702 TOUCHSTONE SANDS EM 14,963 13,730
    904504479 UNDISC MGRS BEHAV VA 14,812 15,984
    77956H435 T ROWE PR OVERSEAS S 15,907 16,016
    NT7701099 RAMIREZ ALEJANDRA J& 7,743 7,743
    NT7611082 BAKER BRAD & TAMMY 6 3,248 3,248
    NT7701073 DUNLAP ANDREWBEN & R 13,717 13,717
    31641Q755 FIDELITY NEW MRKTS I 16,324 15,850
    NT7617097 AUTRY CHANCE D. VERN 3,734 3,734
    NT7621511 HINOJOSA AMANDA & J 14,272 14,272
    NT7701081 CANNON CHRISTOPHER B 822 822
    NT7701867 SUMMERS SHELBY C M&M 3,916 3,916
    NT7710959 TOWNSEND COLEMAN & J 3,638 3,638
    476313408 JENSEN QUALITY GROWT 24,765 33,441
    922908629 VANGUARD MIDCAP VIPE 51,013 66,240
    NT7622717 BASS MEREDITH & SALL 1,759 1,759
    89155T490 TOUCHSTONE MID CAP-R 29,792 41,075
    NT7714548 MULL MACKENZIE 6% 5/ 2,744 2,744
    NT7620893 HORNE JEFF J & K 6% 5,304 5,304
    NT7608344 MILLER THOMASSHARLA 16,264 16,264
    464287655 ISHARES RUSSELL 2000 24,809 29,586
    057071854 BAIRD AGGREGATE BOND 105,269 104,079
    NT7714464 ADAMSON, KEVIN 6% 1,703 1,703
    NT7714563 PERKINS, LACEY 6% 4,905 4,905
    872365713 TCW EMRG MRKTS INC-P 24,198 23,613
    NT7701024 VILLANUEVA MEGAN B. 12,808 12,808
    74440Y884 PGIM HIGH YIELD-Q 10 55,453 55,683
    693390700 PIMCO TOTAL RET FD-I 80,865 80,554
    NT7710975 VERA DESMOND & V 6% 6,000 6,000
    NT7611272 CABLER C&JRAGLANDJ 6 4,134 4,134
    256219106 DODGE & COX STOCK FU 23,169 23,952
    NT7714506 GRAHAM, MALLORY 6% 738 738
    464287150 ISHARES CORE S&P TOT 105,594 159,614
    NT7620901 HORNE JILL J & K 6% 7,800 7,800
    NT7705421 GRAHAMMALLORYJILL & 6,014 6,014
    NT7714480 DUNLAP ANDREW 6% 9/0 2,425 2,425
    NT7714514 HATCH HALLEY 6% 3/01 4,391 4,391
    NT7620927 MC CORMICK KOLBY & J 4,613 4,613
    NT7620935 MULL LAUREN L & D 6% 1,139 1,139
    46434G103 ISHARES CORE MSCI EM 41,166 37,951

    TY 2021 InvestmentsOtherSchedule2
    Name:
    BURCH SETTOON STUDENT LOAN TRU
    EIN:
    75-6056226
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    77956H435 T ROWE PR OVERSEAS S      
    464287150 ISHARES TRS & P 1500      
    693390700 PIMCO TOTAL RET FD-I      
    MIT042719 HALE CO. TX AT COST 495 1
    RET004259 452 AC SETOON FM 394 AT COST 240,092 632,900
    922908629 VANGUARD MIDCAP VIPE      
    693390841 PIMCO HIGH YIELD FD-      
    04314H600 ARTISAN MID CAP FUND      
    87234N765 TCW EMRG MKTS INCM-I      
    MIT042693 CASTRO CO. TX AT COST 495 1
    MIT042701 HALE CO. TX AT COST 495 1
    381430503 GOLDMAN ACTIVEBETA U      
    00143W859 INV OPP DEVELOP MRKT      
    MIT042727 HALE CO. TX AT COST 495 1
    31641Q755 FIDELITY NEW MRKTS I      
    592905764 METROPOLITAN WEST T/      
    NT7620893 HORNE JEFF J & K 6%      
    NT7710975 VERA DESMOND & V 6%      
    NT7701099 MUNOZ ALEJANDRA J&D      
    NT7714506 GRAHAM, MALLORY 6%      
    NT7620935 MULL LAUREN L & D 6%      
    NT7611082 BAKER BRAD & TAMMY 6      
    NT7621032 SMYTHE.D. & DUNLAPR&      
    NT7705249 HATCH HALLEY & HOWAR      
    NT7705256 MARTINEZ M & M 6% 5/      
    NT7701057 GLENN TYLER J. & DAN      
    NT7621438 WELCH ASHLEY BT HATC      
    NT7621511 HINOJOSA AMANDA & J      
    NT7705421 GRAHAMMALLORYJILL &      
    89155T649 TOUCHSTONE MID CAP-I      
    NT7620901 HORNE JILL J & K 6%      
    NT7714514 HATCH HALLEY 6% 3/01      
    NT7714480 DUNLAP ANDREW 6% 9/0      
    NT7611272 CABLER C&JRAGLANDJ 6      
    NT7620927 MC CORMICK KOLBY & J      
    NT7701917 RICHBURG KACY A & BR      
    NT7710959 TOWNSEND COLEMAN & J      
    89154Q562 TOUCHSTONE SANDS EM      
    NT7701867 SUMMERS SHELBY C M&M      
    NT7616438 COLEMAN S. BLAYNE S/      
    476313408 JENSEN QUALITY GROWT      
    NT7714464 ADAMSON, KEVIN 6%      
    NT7701024 VILLANUEVA MEGAN B.      
    NT7714563 PERKINS, LACEY 6%      
    NT7621412 ALLEN EMILY J T HATC      
    NT7608344 MILLER THOMASSHARLA      
    NT7622717 BASS MEREDITH & SALL      
    NT7616529 SHIRLEY KATIE P & S      
    NT7620919 LEFEVRE BRIANNE & CH      
    NT7701081 CANNON CHRISTOPHER B      
    74440Y884 PGIM HIGH YIELD-Q 10      
    NT7701073 DUNLAP ANDREWBEN & R      
    NT7620968 CARSON KELBI & DANNY      
    NT7710934 GILLELAND MICHAELA &      
    NT7714498 GILLELAND MICHAELA 6      
    NT7714548 MULL MACKENZIE 6% 5/      
    NT7714555 MUNOZ, LORENA 6%      
    27830W108 EV GL MACR ABS RTRN      
    NT7617097 AUTRY CHANCE D. VERN      
    46090F100 INVESCO OPTIMUM YIEL      
    464287655 ISHARES RUSSELL 2000      
    46432F339 ISHARES EDGE MSCI US      
    NT7714571 TOWNSEND COLEMAN 6%      
    NT7606215 GILLELAND LAUREN & T      

    TY 2021 OtherDecreasesSchedule
    Name:
    BURCH SETTOON STUDENT LOAN TRU
    EIN:
    75-6056226
    Description Amount
    TAX LOT ADJUSTMENT 23


    TY 2021 OtherExpensesSchedule
    Name:
    BURCH SETTOON STUDENT LOAN TRU
    EIN:
    75-6056226
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MORTGAGE PAYMENTS 523 523   0
    Rent and Royalty Expense 12,769      


    TY 2021 OtherIncomeSchedule2
    Name:
    BURCH SETTOON STUDENT LOAN TRU
    EIN:
    75-6056226
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INCOME 6,709 6,709  


    TY 2021 OtherIncreasesSchedule
    Name:
    BURCH SETTOON STUDENT LOAN TRU
    EIN:
    75-6056226
    Description Amount
    RECOVERY OF GRANTS PAID 3,333
    MUTUAL FUND TIMING ADJ 60
    FEE REFUND ADJUSTMENT 1,677
    PY RETURN OF CAPITAL ADJUSTMENT 102
    COST BASIS ADJUSTMENT 644


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    BURCH SETTOON STUDENT LOAN TRU
    EIN:
    75-6056226
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    SCHOLARSHIP ADMIN FEES 5,653     5,653


    TY 2021 TaxesSchedule
    Name:
    BURCH SETTOON STUDENT LOAN TRU
    EIN:
    75-6056226
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 58 58   0
    FEDERAL TAX PAYMENT - PRIOR YE 427 0   0
    FEDERAL ESTIMATES - PRINCIPAL 1,172 0   0
    FOREIGN TAXES ON NONQUALIFIED 59 59   0