TY 2021 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Go 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 07-01-2021 , and ending 06-30-2022

Name of foundation
A R BURNETTE SCHOLARSHIP FUND

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 919798
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
ORLANDO, FL328919798

A Employer identification number

56-6593070

B Telephone number (see instructions)

(804) 273-7445

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$559,817J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	14,439		14,391
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		53,830
b	Gross sales price for all assets on line 6a 315,744
7	Capital gain net income (from Part IV, line 2)...			53,830
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).......		22	22
12	Total. Add lines 1 through 11........	68,291		68,243
13	Compensation of officers, directors, trustees, etc.	10,676		5,338		5,338
14	Other employee salaries and wages......			0	0	0
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........					0
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....					0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		444	279		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).......		7	7
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	11,127		5,624	0	5,338
25	Contributions, gifts, grants paid.......	63,000				63,000
26	Total expenses and disbursements. Add lines 24 and 25	74,127		5,624	0	68,338
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-5,836
b	Net investment income (if negative, enter -0-)			62,619
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............		11	11
	2	Savings and temporary cash investments.........	25,549	6,214	6,214
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts 0
	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).......	145,039	178,043	271,792
	c	Investments—corporate bonds (attach schedule).......	324,338	170,483	147,623
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........		134,384	134,177
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	494,926	489,135	559,817
	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 )
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow FASB ASC 958, check here
		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
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	494,926	489,135
	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).....	494,926	489,135
	30	Total liabilities and net assets/fund balances (see instructions).	494,926	489,135

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

494,926

Enter amount from Part I, line 27a .....................

-5,836

Other increases not included in line 2 (itemize) bullet

436

Add lines 1, 2, and 3 ..........................

489,526

Decreases not included in line 2 (itemize) bullet

391

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

489,135

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	23.148 INVESCO DEVELOPING MARKETS FUND		2016-06-09	2021-08-03
b	143. AT&T INC			2021-08-03
c	32. AIR LEASE CORP		2015-09-17	2021-08-03
d	16. ALEXANDRIA REAL ESTATE EQ REIT		2011-12-23	2021-08-03
e	14. AMERICAN ELECTRIC POWER		2015-09-17	2021-08-03
	75. BCE INC COM			2021-08-03
	57. BP AMOCO PLC ADS L C			2021-08-03
	2091.982 BARINGS GLBL FLTNG RT-Y		2019-02-06	2021-08-03
	28. BERRY GLOBAL GROUP INC		2015-09-17	2021-08-03
	14. BIOMARIN PHARMACEUTICAL INC		2014-03-07	2021-08-03
	10. CARMAX INC		2015-12-21	2021-08-03
	36. CENTENE CORP		2015-09-17	2021-08-03
	58. COCA COLA COMPANY			2021-08-03
	1401.542 DODGE & COX INCOME FUND		2021-04-15	2021-08-03
	24. DOMINION RESOURCES INC/VA COMMON		2011-09-13	2021-08-03
	20. EVERSOURCE ENERGY		2015-09-17	2021-08-03
	33. EXXON MOBIL CORPORATION		2015-09-17	2021-08-03
	8. FIRST REPUBLIC BANK COMMON		2015-09-17	2021-08-03
	22. GENERAL MILLS, INCORPORATED		2012-03-02	2021-08-03
	20. GILEAD SCIENCES INC		2020-06-16	2021-08-03
	30.365 HARDING LOEVNER INTL EQ-INST		2018-12-03	2021-08-03
	2906.986 HARTFORD WORLD BOND-F			2021-08-03
	14. INTERNATIONAL BUSINESS MACHINES CORP		2020-06-16	2021-08-03
	43. I SHARES EAFE INDEX FUND		2018-12-03	2021-08-03
	136. CEF ISHARES TR S&P		2015-09-17	2021-08-03
	10. ISHARES TR MSCI SMALL CAP ETF		2018-12-03	2021-08-03
	75. MAXIM INTEGRATED PRODUCTS INC COMON			2021-08-03
	5170.124 METROPOLITAN WEST T/R BD-PLN			2021-08-03
	7. MOTOROLA SOLUTIONS INC		2020-06-16	2021-08-03
	45. NATIONAL GRID PLC SPONS ADR			2021-08-03
	10. ORGANON & CO			2021-08-03
	54. PPL CORPORATION			2021-08-03
	885.087 PIONEER MUNI BOND FND-Y		2016-06-09	2021-08-03
	10. POLARIS INDUSTRIES INC		2013-12-04	2021-08-03
	40. ROBERT HALF INTL COMMON		2016-06-09	2021-08-03
	10. ROCKWELL INTERNATIONAL CORP NEW		2014-03-07	2021-08-03
	20. ROSS STORES INC COM		2011-09-13	2021-08-03
	35. SCOTTS CO CL A			2021-08-03
	8. SIGNATURE BANK		2011-09-13	2021-08-03
	70. STARWOOD PROPERTY TRUST INC REIT			2021-08-03
	3875.384 STERLING CAP LONG DUR CORP-INST		2016-06-09	2021-08-03
	147. VERIZON COMMUNICATIONS INC			2021-08-03
	109. VODAFONE GROUP PLC SPON ADR			2021-08-03
	16. WESTERN ALLIANCE BANCORPORATION		2015-09-17	2021-08-03
	51. ARCH CAPITAL GROUP LTD		2011-09-13	2021-08-03
	.2978 ADVANCED MICRO DEVICES, INC COMMON		2015-12-21	2022-02-28
	399.311 INVESCO DEVELOPING MARKETS FUND			2022-03-14
	679.614 LAZARD EMERGING MARKETS FD INSTL CL			2022-03-14
	32. ASPEN TECHNOLOGY INC		2022-05-17	2022-05-17
	.44 ASPEN TECHNOLOGY INC		2015-09-17	2022-05-24
	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
	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		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	1,223	723	500
b	4,023	4,075	-52
c	1,345	1,042	303
d	3,256	1,112	2,144
e	1,242	777	465
	3,730	3,093	637
	1,435	2,164	-729
	19,623	19,309	314
	1,809	889	920
	1,088	1,072	16
	1,365	514	851
	2,532	1,154	1,378
	3,306	2,340	966
	20,280	20,000	280
	1,813	1,140	673
	1,744	942	802
	1,908	2,477	-569
	1,562	522	1,040
	1,306	842	464
	1,369	1,483	-114
	942	640	302
	31,047	30,131	916
	1,986	1,742	244
	3,449	2,733	716
	14,948	7,709	7,239
	763	569	194
	7,502	2,209	5,293
	53,873	51,277	2,596
	1,570	1,000	570
	2,914	2,406	508
	293	223	70
	1,538	1,428	110
	13,931	13,241	690
	1,313	1,338	-25
	3,914	1,647	2,267
	3,088	1,242	1,846
	2,432	383	2,049
	6,107	2,208	3,899
	1,831	415	1,416
	1,813	1,494	319
	41,195	39,723	1,472
	8,190	5,989	2,201
	1,799	3,873	-2,074
	1,479	522	957
	2,012	562	1,450
	33	8	25
	14,271	11,946	2,325
	11,132	9,543	1,589
	2,806		2,806
	83	43	40
			1,531
			1,531
			1,531
			1,531
			1,531
			1,531
			1,531
			1,531
			1,531
			1,531
			1,531
			1,531
			1,531
			1,531
			1,531
			1,531
			1,531
			1,531
			1,531
			1,531
			1,531
			1,531
			1,531
			1,531
			1,531
			1,531
			1,531
			1,531
			1,531
			1,531
			1,531
			1,531
			1,531
			1,531
			1,531
			1,531
			1,531
			1,531
			1,531
			1,531
			1,531
			1,531
			1,531
			1,531
			1,531
			1,531
			1,531
			1,531
			1,531
			1,531

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			500
b			-52
c			303
d			2,144
e			465
			637
			-729
			314
			920
			16
			851
			1,378
			966
			280
			673
			802
			-569
			1,040
			464
			-114
			302
			916
			244
			716
			7,239
			194
			5,293
			2,596
			570
			508
			70
			110
			690
			-25
			2,267
			1,846
			2,049
			3,899
			1,416
			319
			1,472
			2,201
			-2,074
			957
			1,450
			25
			2,325
			1,589
			2,806
			40

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	53,830
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 ...................		3

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 and enter “N/A" on line 1.
	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	870
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	870
6	Credits/Payments:

a	2021 estimated tax payments and 2020 overpayment credited to 2021	6a	232
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	232
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.......		9	638
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2022 estimated tax0	Refunded	11	0

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2021)

Page 5

Part VI-A

Statements Regarding Activities (continued)

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

The books are in care of bullet

TRUIST BANK Telephone no. bullet

(804) 273-7445

Located at bullet

PO BOX 919798ORLANDOFL ZIP+4 bullet

32891

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

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

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)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........

1a(3)

(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)

(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)

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 ..........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

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? .............

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)):

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?....................

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

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.) .....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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? ..

Form 990-PF (2021)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(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)

(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)

(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)

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 ........

Organizations relying on a current notice regarding disaster assistance check here ......... bullet

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant? .................

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or

excess parachute payment during the year? .........................

Part 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
TRUIST BANK	TRUSTEE 1	10,676
PO BOX 919798 ORLANDO,FL32891	TRUSTEE 1	10,676

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...................				0

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............. bullet

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)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

644,928

Average of monthly cash balances.......................

41,886

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

686,814

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

686,814

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

instructions) .............................

10,302

Net value of noncharitable-use assets. Subtract line 4 from line 3. .......

676,512

Minimum investment return. Enter 5% (0.05) of line 5................

33,826

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.)

Minimum investment return from Part IX, line 6..................

33,826

Tax on investment income for 2021 from Part V, line 5.......

870

Income tax for 2021. (This does not include the tax from Part V.) ...

Add lines 2a and 2b............................

870

Distributable amount before adjustments. Subtract line 2c from line 1............

32,956

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

32,956

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...

32,956

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

Program-related investments—total from Part VIII-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.

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					32,956
2 Undistributed income, if any, as of the end of 2021:
a Enter amount for 2020 only.......				0
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2021:
a From 2016......	1,766
b From 2017......	808
c From 2018......	2,485
d From 2019......	27,836
e From 2020......	18,758
f Total of lines 3a through e ........		51,653
4Qualifying distributions for 2021 from Part
XI, line 4: $ 68,338
a Applied to 2020, but not more than line 2a				0
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2021 distributable amount.....					32,956
e Remaining amount distributed out of corpus		35,382
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		87,035
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 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2016 not applied on line 5 or line 7 (see instructions) ...		1,766
9 Excess distributions carryover to 2022. Subtract lines 7 and 8 from line 6a ......		85,269
10 Analysis of line 9:
a Excess from 2017....	808
b Excess from 2018....	2,485
c Excess from 2019....	27,836
d Excess from 2020....	18,758
e Excess from 2021....	35,382

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 4942(j)(3) or4942(j)(5)

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	(e) Total

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:

DELANA ROUNTREE
PO BOX 2907
WILSON,NC27894
(252) 246-4665

bThe form in which applications should be submitted and information and materials they should include:

APPLICATION

cAny submission deadlines:

MARCH 1

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

WORTHY AND DESERVING GRADUATES OF TARBORO HIGH SCHOOL THAT ARE ATTENDING A COLLEGE, JUNIOR COLLEGE OR UNIVERSITY

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
HAVANA CARLTON C/O CAMPBELL UNIVERSITY PO BOX 97 BUIES CREEK,NC27506	NONE	I	SCHOLARSHIP	7,000
LAYTON DUPREE C/O BARTON COLLEGE PO BOX 5000 WILSON,NC27893	NONE	I	SCHOLARSHIP	7,000
JAMIE GUILFORD C/O UNC CHAPEL HILL 450 RIDGE RD SUITE 2215 CB 1400 CHAPELL HILL,NC27599	NONE	I	SCHOLARSHIP	7,000
JADA LYONS C/O UNC GREENSBORO PO BOX 26171 GREENSBORO,NC27402	NONE	I	SCHOLARSHIP	7,000
SEMAJ PETTEWAY C/O UNC GREENSBORO PO BOX 26170 GREENSBORO,NC27402	NONE	I	SCHOLARSHIP	7,000
TYNASHIA WHITAKER C/O UNC GREENSBORO PO BOX 26170 GREENSBORO,NC27402	NONE	I	SCHOLARSHIP	7,000
ANIYAH JOSEPH C/O UNC CHAPEL HILL 450 RIDGE RD SUITE 2215 CB 1400 CHAPEL HILL,NC27599	NONE	I	SCHOLARSHIP	7,000
KEMYEIS ROBINSON C/O NC A&T STATE UNIVERSITY 1601 EAST MARKET STREET GREENSBORO,NC27411	NONE	I	SCHOLARSHIP	7,000
ANGEL EDMONDS C/O NC A&T STATE UNIVERSITY 1601 EAST MARKET STREET GREENSBORO,NC27411	NONE	I	SCHOLARSHIP	7,000
Total ................................. 3a				63,000

bApproved for future payment

Total ................................. 3b

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	(e) Related or exempt function income (See instructions.)
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.....
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	53,830
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) ..				68,291

13Total. Add line 12, columns (b), (d), and (e)..................

68,291

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2021)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2021 InvestmentsCorpBondsSchedule

Name:

A R BURNETTE SCHOLARSHIP FUND

EIN:

56-6593070

Name of Bond	End of Year Book Value	End of Year Fair Market Value
00143W859 INVESCO DEVELOPING M
06759W406 BARINGS GLOBAL FLOAT
09260B374 BLACKROCK STRATEGIC
258620103 DOUBLELINE TOTAL RET
256210105 DODGE & COX INCOME F
464287465 ISHARES MSCI EAFE ET
41664T222 HARTFORD WORLD BOND
412295107 HARDING LOEVNER INTL
464287804 ISHARES CORE S&P SMA
464288273 ISHARES MSCI EAFE SM
85917K710 STERLING CAPITAL COR
85571B105 STARWOOD PROPERTY TR
22822V101 CROWN CASTLE INTERNA
74340W103 PROLOGIS INC
72387W747 PIONEER AMT FREE MUN
52106N889 LAZARD EMERGING MARK
592905764 METROPOLITAN WEST TO
015271109 ALEXANDRIA REAL ESTA
258620566 DOUBLELINE TOTAL RET	35,464	30,174
46429B267 ISHARES US TREASURY	80,077	70,935
722005816 PIMCO INVESTMENT GRA	35,000	27,931
921937827 VANGUARD SHORT TERM	19,942	18,583

- TIN:

TY 2021 InvestmentsCorpStockSchedule

Name:

A R BURNETTE SCHOLARSHIP FUND

EIN:

56-6593070

Name of Stock	End of Year Book Value	End of Year Fair Market Value
00206R102 AT&T INC
00287Y109 ABBVIE INC	3,947	12,406
031100100 AMETEK INC	1,137	2,308
036752103 ELEVANCE HEALTH INC	1,685	8,686
045327103 ASPEN TECHNOLOGY INC
025537101 AMERICAN ELEC PWR IN
05534B760 BCE INC
00912X302 AIR LEASE CORP
03073E105 AMERISOURCEBERGEN CO	535	1,981
147528103 CASEYS GEN STORES IN	700	2,775
12514G108 CDW CORP	1,006	3,781
146869102 CARVANA CO CL A	1,515	294
09061G101 BIOMARIN PHARMACEUTI
08579W103 BERRY GLOBAL GROUP I
143130102 CARMAX INC
055622104 BP PLC
15135B101 CENTENE CORP
002824100 ABBOTT LABS	1,758	7,606
052769106 AUTODESK INC	928	3,439
228368106 CROWN HOLDINGS INC	649	2,396
166764100 CHEVRON CORP	4,917	7,673
191216100 COCA COLA CO
174610105 CITIZENS FINANCIAL G	1,147	1,642
254709108 DISCOVER FINL SVCS	3,092	5,391
26441C204 DUKE ENERGY CORP	2,061	3,752
25746U109 DOMINION ENERGY INC
33616C100 FIRST REPUBLIC BANK
370334104 GENERAL MLS INC
30040W108 EVERSOURCE ENERGY
375558103 GILEAD SCIENCES INC
29250N105 ENBRIDGE INC	3,256	4,691
437076102 HOME DEPOT INC	2,949	3,291
459200101 INTL BUSINESS MACHIN
30231G102 EXXON MOBIL CORP
438516106 HONEYWELL INTERNATIO	2,807	5,040
38141G104 GOLDMAN SACHS GROUP	2,276	3,267
57772K101 MAXIM INTEGRATED PRO
580135101 MCDONALDS CORP	4,015	11,110
620076307 MOTOROLA SOLUTIONS,
17275R102 CISCO SYSTEMS INC	3,056	2,814
636274409 NATIONAL GRID PLC SP
742718109 PROCTER & GAMBLE CO	2,896	6,039
594918104 MICROSOFT CORP	899	9,760
717081103 PFIZER INC	1,283	3,880
68622V106 ORGANON & CO
631103108 NASDAQ INC	2,930	3,814
747525103 QUALCOMM INC	3,799	7,537
731068102 POLARIS INC
773903109 ROCKWELL AUTOMATION
778296103 ROSS STORES INC
817565104 SERVICE CORP INTERNA	1,058	2,488
82669G104 SIGNATURE BANK
842587107 SOUTHERN COMPANY	2,205	3,779
879360105 TELEDYNE TECHNOLOGIE	779	3,001
69351T106 PPL CORPORATION
810186106 SCOTTS MIRACLE-GRO C
66987V109 NOVARTIS AG SPONSORE	1,742	3,043
92857W308 VODAFONE GROUP PLC
G0450A105 ARCH CAPITAL GROUP L
904767704 UNILEVER PLC SPONSOR	3,751	5,500
G02602103 AMDOCS LTD	685	2,083
911312106 UNITED PARCEL SERVIC	2,164	4,381
G1151C101 ACCENTURE PLC CL A	2,548	8,052
892356106 TRACTOR SUPPLY CO	405	2,326
G5960L103 MEDTRONIC PLC	3,055	2,872
M22465104 CHECK POINT SOFTWARE	727	1,827
957638109 WESTERN ALLIANCE BAN
855244109 STARBUCKS CORP	2,389	2,368
494368103 KIMBERLY CLARK CORP	1,094	2,298
478160104 JOHNSON & JOHNSON	3,045	7,455
58933Y105 MERCK & CO INC	4,574	9,208
693475105 PNC FINL SVCS GROUP	3,543	3,944
718172109 PHILIP MORRIS INTL I	2,978	4,246
713448108 PEPSICO INC	3,478	7,833
770323103 ROBERT HALF INTL INC
92343V104 VERIZON COMMUNICATIO
G6095L109 APTIV PLC	1,593	1,870
983919101 XILINX INC
00724F101 ADOBE INC	3,101	1,830
007903107 ADVANCED MICRO DEVIC	750	2,218
02079K107 ALPHABET INC CL C	2,720	2,187
023135106 AMAZON.COM INC	6,681	4,248
037833100 APPLE INC	4,956	4,648
038222105 APPLIED MATERIALS IN	2,423	1,547
060505104 BANK OF AMERICA CORP	3,477	2,833
09247X101 BLACKROCK INC	2,633	1,827
14040H105 CAPITAL ONE FINANCIA	2,416	1,563
142339100 CARLISLE COS INC	1,832	2,147
20030N101 COMCAST CORP-CL A	2,467	1,648
22160K105 COSTCO WHOLESALE COR	2,150	2,396
254687106 DISNEY WALT CO NEW	2,466	1,322
26614N102 DUPONT DE NEMOURS IN	3,511	2,612
29109X106 ASPEN TECHNOLOGY INC	1,262	2,388
30303M102 META PLATFORMS INC C	3,881	1,774
46266C105 IQVIA HOLDINGS INC	2,482	2,170
46625H100 JP MORGAN CHASE & CO	3,496	2,590
617446448 MORGAN STANLEY	2,419	1,902
65339F101 NEXTERA ENERGY INC	2,599	2,556
654106103 NIKE INC-CLASS B	2,369	1,431
74762E102 QUANTA SERVICES INC	1,971	2,757
883556102 THERMO FISHER SCIENT	2,137	2,173
907818108 UNION PAC CORP	3,487	3,412
91324P102 UNITEDHEALTH GROUP I	3,742	4,623
92826C839 VISA INC CL A	3,370	2,756
G6564A105 NOMAD FOODS LTD	2,747	2,079
G8994E103 TRANE TECHNOLOGIES P	3,442	2,208

- TIN:

TY 2021 InvestmentsOtherSchedule2

Name:

A R BURNETTE SCHOLARSHIP FUND

EIN:

56-6593070

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
09260B374 BLACKROCK STRATEGIC	AT COST	26,482	25,829
22822V101 CROWN CASTLE INTERNA	AT COST	2,384	2,526
27826A730 EATON VANCE FLOATING	AT COST	15,000	13,909
412295107 HARDING LOEVNER INTL	AT COST	14,360	15,524
464287465 ISHARES MSCI EAFE ET	AT COST	22,186	21,809
464287507 ISHARES CORE S&P MID	AT COST	4,851	4,072
464287804 ISHARES CORE S&P SMA	AT COST	8,084	13,215
464288273 ISHARES MSCI EAFE SM	AT COST	9,382	9,007
464288620 ISHARES BROAD USD IN	AT COST	16,004	13,303
74340W103 PROLOGIS INC	AT COST	651	1,647
92206C755 VANGUARD MORTGAGE-BA	AT COST	15,000	13,336

- TIN:

TY 2021 OtherDecreasesSchedule

Name:

A R BURNETTE SCHOLARSHIP FUND

EIN:

56-6593070

Description	Amount
2021 TRANSACTIONS POSTED IN 2022	362
ADJUSTMENT TO INCOME	1
COST BASIS ADJUSTMENT	20
ROUNDING	8

- TIN:

TY 2021 OtherExpensesSchedule

Name:

A R BURNETTE SCHOLARSHIP FUND

EIN:

56-6593070

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
OTHER EXPENSE (NON-DEDUCTIBLE	7	7		0

- TIN:

TY 2021 OtherIncomeSchedule2

Name:

A R BURNETTE SCHOLARSHIP FUND

EIN:

56-6593070

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
OTHER INCOME	22	22

- TIN:

TY 2021 OtherIncreasesSchedule

Name:

A R BURNETTE SCHOLARSHIP FUND

EIN:

56-6593070

Description	Amount
2020 TRANSACTIONS POSTED IN 2021	436

- TIN:

TY 2021 TaxesSchedule

Name:

A R BURNETTE SCHOLARSHIP FUND

EIN:

56-6593070

Category	Amount	Net Investment Income
FOREIGN TAXES	94	94
FEDERAL ESTIMATES - PRINCIPAL	165	0
FOREIGN TAXES ON QUALIFIED FOR	176	176
FOREIGN TAXES ON NONQUALIFIED	9	9