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 01-01-2021 , and ending 12-31-2021

Name of foundation
FREDERICK KALMBACH CHARITABLE REMAINDER

Number and street (or P.O. box number if mail is not delivered to street address)1340 BROADCASTING ROAD SUITE 100
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
WYOMISSING, PA19610

A Employer identification number

22-6742794

B Telephone number (see instructions)

(610) 371-2091

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

$6,820,202J 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)	1,090
2	Check .............
3	Interest on savings and temporary cash investments	4		4	4
4	Dividends and interest from securities...	114,810		114,810	114,810
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		190,833
b	Gross sales price for all assets on line 6a 698,134
7	Capital gain net income (from Part IV, line 2)...			190,833
8	Net short-term capital gain.........				3,109
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).......		15,406
12	Total. Add lines 1 through 11........	322,143		305,647	117,923
13	Compensation of officers, directors, trustees, etc.
14	Other employee salaries and wages......			0	0	0
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........					0
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....		31,173	31,173		0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		6,128	636	636	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).......		142,796	11	117,287	25,492
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	180,097		31,820	117,923	25,492
25	Contributions, gifts, grants paid.......	0				0
26	Total expenses and disbursements. Add lines 24 and 25	180,097		31,820	117,923	25,492
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	142,046
b	Net investment income (if negative, enter -0-)			273,827
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.............	64
	2	Savings and temporary cash investments.........	63,089	180,945	180,945
	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)	586,553
	b	Investments—corporate stock (attach schedule).......	1,035,685	922,621	3,367,617
	c	Investments—corporate bonds (attach schedule).......	1,100,480	1,822,722	1,908,174
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	538,392	538,392	813,466
	14	Land, buildings, and equipment: basis 550,000
		Less: accumulated depreciation (attach schedule)	550,000	550,000	550,000
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	3,874,263	4,014,680	6,820,202
	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........	3,874,263	4,014,680
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds
	29	Total net assets or fund balances (see instructions).....	3,874,263	4,014,680
	30	Total liabilities and net assets/fund balances (see instructions).	3,874,263	4,014,680

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

3,874,263

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

142,046

Other increases not included in line 2 (itemize) bullet

2,283

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

4,018,592

Decreases not included in line 2 (itemize) bullet

3,912

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

4,014,680

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	16000. INVESCO FIN PLC 3.125% 11/30/22		2018-05-16	2021-01-05
b	9000. U.S. TREASURY BONDS 1.375% 8/15/50		2020-10-05	2021-01-06
c	16000. COMCAST CORP DTD 10/05/2018 4.15% 10/15/2028		2018-10-02	2021-01-14
d	15000. SHELL INTL FIN 1.750% 9/12/21		2018-04-27	2021-02-03
e	6000. U.S. TREASURY BONDS 2.875% 5/15/43		2019-11-29	2021-02-05
	11000. U.S. TREASURY BONDS 3.000% 2/15/47		2017-03-09	2021-02-17
	10000. U.S. TREASURY BONDS 1.375% 8/15/50		2020-10-05	2021-02-17
	16000. TARGET CORP 2.900% 01/15/22		2013-09-13	2021-02-24
	17000. COCA-COLA CO 2.125% 9/06/29		2019-09-04	2021-04-06
	18000. NIKE INC 2.400% 3/27/25		2020-03-25	2021-04-09
	450. CARRIER GLOBAL CORP		2001-02-07	2021-04-13
	10. DISCOVER FINL SVCS		2012-11-27	2021-04-13
	200. INTEL CORPORATION		2009-08-27	2021-04-13
	25000. FNMA 6.625% 11/15/30		2019-03-05	2021-04-15
	200. VARIAN MED SYS INC COMMON		2015-11-13	2021-04-15
	18000. FISERV INC 3.200% 7/01/26		2019-06-10	2021-04-20
	8000. WASTE MANAGEMENT 4.100% 3/01/45		2020-05-29	2021-05-13
	15000. HCP INC 4.000% 6/01/25		2018-05-01	2021-05-19
	50. BERKSHIRE HATHAWAY INC CL B		2020-07-20	2021-06-04
	45. CARLISLE COS INC		2016-09-15	2021-06-04
	65. CURTISS WRIGHT CORP		2016-02-23	2021-06-04
	200. GENERAL MILLS, INCORPORATED		2012-12-27	2021-06-04
	45. HUBBELL INC		2012-08-27	2021-06-04
	175. MICROSOFT CORPORATION		2009-08-27	2021-06-04
	100. NIKE INC		2005-10-11	2021-06-04
	13. ORGANON & CO		2020-07-01	2021-06-04
	250. ROCHE HLDG LTD SPONS ADR		2020-02-28	2021-06-04
	125. VERIZON COMMUNICATIONS INC		2020-03-05	2021-06-04
	1000. U.S. TREASURY BONDS 6.250% 5/15/30		2020-02-28	2021-06-08
	17000. U.S. TREASURY NOTES 2.625% 2/15/29		2019-05-07	2021-06-08
	17000. U.S. TREASURY NOTES 2.375% 5/15/29		2019-05-31	2021-06-08
	15000. APPLE INC 3.450% 5/06/24		2014-05-19	2021-06-11
	2000. HOLLYFRONTIER CORP 5.875% 4/01/26		2018-07-24	2021-08-12
	7000. U.S. TREASURY NOTES 2.000% 10/31/21		2021-02-05	2021-09-01
	1000. U.S. TREASURY NOTES 2.125% 12/31/21		2021-04-15	2021-09-01
	2000. HOLLYFRONTIER CORP 5.875% 4/01/26		2018-07-24	2021-09-10
	2000. HOLLYFRONTIER CORP 5.875% 4/01/26		2018-07-24	2021-09-13
	17000. TD AMERITRADE 3.625% 4/01/25		2021-01-05	2021-09-27
	15000. U.S. TREASURY NOTES 2.125% 12/31/21		2021-04-15	2021-09-30
	.3333 CONSENSUS CLOUD SOLUTIONS INC		2017-01-12	2021-10-22
	9000. PEPSICO INC 3.450% 10/06/46		2019-02-15	2021-10-26
	20000. U.S. TREASURY NOTES 2.125% 12/31/21		2021-04-15	2021-10-28
	13000. VERIZON COMM INC 4.862% 8/21/46		2018-05-01	2021-10-28
	18000. BANK OF MONTREAL MTN 2.500% 6/28/24		2019-06-25	2021-11-10
	16000. BERKSHIRE HATHAWAY 3.125% 3/15/26		2016-06-13	2021-11-10
	10000. PFIZER INC 3.900% 3/15/39		2019-03-04	2021-11-10
	1008. AT&T INC		2004-10-27	2021-11-24
	17. AMGEN INCORPORATED		2019-10-11	2021-11-24
	28. CONSENSUS CLOUD SOLUTIONS INC		2012-08-27	2021-11-24
	145. GEO. A. HORMEL & CO*		2012-08-27	2021-11-24
	90. MONSTER BEVERAGE CORP		2020-03-05	2021-11-24
	50. STARBUCKS CORPORATIONS COMMON		2020-03-05	2021-11-24
	.4001 COMMERCE BANCSHARES, INC.		2016-05-03	2021-12-28
	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
	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	16,834	15,871	963
b	8,051	8,565	-514
c	18,953	15,992	2,961
d	15,131	14,887	244
e	7,179	6,710	469
	13,222	12,408	814
	8,457	9,516	-1,059
	16,372	15,744	628
	17,160	16,994	166
	19,055	17,976	1,079
	19,055	2,828	16,227
	979	408	571
	12,957	3,906	9,051
	36,159	32,834	3,325
	35,500	14,122	21,378
	19,545	18,025	1,520
	9,348	9,530	-182
	16,736	14,757	1,979
	14,605	9,557	5,048
	8,475	4,468	4,007
	8,160	4,400	3,760
	12,753	8,138	4,615
	8,614	3,988	4,626
	43,977	4,337	39,640
	13,324	1,036	12,288
	442	482	-40
	11,059	10,223	836
	7,164	7,079	85
	1,410	1,436	-26
	18,645	17,206	1,439
	18,334	17,293	1,041
	16,323	15,074	1,249
	2,301	2,099	202
	7,022	7,022
	1,007	1,007
	2,295	2,097	198
	2,296	2,097	199
	18,431	18,579	-148
	15,078	15,076	2
	22	12	10
	10,053	8,422	1,631
	20,067	20,067
	16,973	12,739	4,234
	18,695	17,997	698
	17,208	16,347	861
	11,784	9,870	1,914
	24,696	22,318	2,378
	3,464	3,449	15
	1,691	387	1,304
	6,225	2,084	4,141
	8,008	6,042	1,966
	5,702	3,786	1,916
	28	14	14
			31,110
			31,110
			31,110
			31,110
			31,110
			31,110
			31,110
			31,110
			31,110
			31,110
			31,110
			31,110
			31,110
			31,110
			31,110
			31,110
			31,110
			31,110
			31,110
			31,110
			31,110
			31,110
			31,110
			31,110
			31,110
			31,110
			31,110
			31,110
			31,110
			31,110
			31,110
			31,110
			31,110
			31,110
			31,110
			31,110
			31,110
			31,110
			31,110
			31,110
			31,110
			31,110
			31,110
			31,110
			31,110
			31,110
			31,110
			31,110
			31,110
			31,110
			31,110
			31,110
			31,110

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			963
b			-514
c			2,961
d			244
e			469
			814
			-1,059
			628
			166
			1,079
			16,227
			571
			9,051
			3,325
			21,378
			1,520
			-182
			1,979
			5,048
			4,007
			3,760
			4,615
			4,626
			39,640
			12,288
			-40
			836
			85
			-26
			1,439
			1,041
			1,249
			202


			198
			199
			-148
			2
			10
			1,631

			4,234
			698
			861
			1,914
			2,378
			15
			1,304
			4,141
			1,966
			1,916
			14

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	190,833
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	3,109

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	3,806
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	3,806
6	Credits/Payments:

a	2021 estimated tax payments and 2020 overpayment credited to 2021	6a	5,592
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	146
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	5,738
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
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	1,932
11	Enter the amount of line 10 to be: Credited to 2022 estimated tax1,932	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 .............................

Yes

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

www.kalmbachpark.com

The books are in care of bullet

TRUIST BANK Telephone no. bullet

(610) 371-2091

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)

(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)

(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
JOHN H ALBRIGHT	CO-TRUSTEE 1	0
20 W MAIN STREET MACUNGIE,PA18062	CO-TRUSTEE 1	0
DONALD S YOUNG	CO-TRUSTEE 1	0
6272 MOUNTAIN ROAD MACUNGIE,PA18062	CO-TRUSTEE 1	0
KAREN ANN HOLT	CO-TRUSTEE 1	0
147 S CHURCH ST MACUNGIE,PA18062	CO-TRUSTEE 1	0

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	TO PROVIDE CULTURAL & EDUCATIONAL PROGRAMS AT KALMBACH MEMORIAL PARK	142,784
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...................

5,747,765

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

116,109

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

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

5,863,874

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

5,863,874

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

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

87,958

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

5,775,916

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

288,796

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

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

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

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

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

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

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

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

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

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				0
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......
b From 2017......
c From 2018......
d From 2019......
e From 2020......
f Total of lines 3a through e ........
4Qualifying distributions for 2021 from Part
XI, line 4: $
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.....
e Remaining amount distributed out of corpus
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
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) ...	0
9 Excess distributions carryover to 2022. Subtract lines 7 and 8 from line 6a ......
10 Analysis of line 9:
a Excess from 2017....
b Excess from 2018....
c Excess from 2019....
d Excess from 2020....
e Excess from 2021....

Form 990-PF (2021)

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
	0	43			43
b 85% (0.85) of line 2a .........	0	37			37
c Qualifying distributions from Part XI, line 4 for each year listed .....	25,492	24,032	14,904	14,752	79,180
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 ....	25,492	24,032	14,904	14,752	79,180
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......	6,820,202	6,172,169	5,625,919	4,923,491	23,541,781
(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 ..	192,531	167,954	157,313	150,851	668,649
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).)

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

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:

MICHAEL MCCREADY
200 COTTON STREET
MACUNGIE,PA18062
(610) 965-1140

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

SEE ATTACHED STATEMENT

cAny submission deadlines:

SEE ATTACHED STATEMENT

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

SEE ATTACHED STATEMENT

Form 990-PF (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

Total ................................. 3a

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 ...........			14	4
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	190,833
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aINSURANCE PROCEEDS			1	15,406
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..				321,053

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

321,053

(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:

FREDERICK KALMBACH CHARITABLE REMAINDER

EIN:

22-6742794

Name of Bond	End of Year Book Value	End of Year Fair Market Value
373385DG5 GEORGIA STATE	40,138	43,494
544351MS5 LOS ANGELES CALIFORN	25,000	27,208
64971WN89 NEW YORK CITY NEW YO	23,605	26,062
64990AKS3 NEW YORK STATE DORM	40,000	40,208
70917S2Y8 PENNSYLVANIA STATE H	30,000	32,087
86481ABL7 SUFFOLK VIRGINIA	20,000	19,006
93974D5W4 WASHINGTON STATE	35,000	38,999
00206RCP5 AT&T INC	15,125	18,483
00287YBF5 ABBVIE INC	17,294	19,223
00751YAF3 ADVANCE AUTO PARTS I	19,959	19,408
025537AJ0 AMERICAN ELECTRIC PO	19,208	21,111
037833AS9 APPLE INC DTD 05/06/
06051GEU9 BANK OF AMERICA CORP	14,958	15,411
06051GJM2 BANK OF AMERICA CORP	9,547	8,836
084670BS6 BERKSHIRE HATHAWAY I
10112RBB9 BOSTON PROPERTIES IN	16,969	18,044
126650DP2 CVS HEALTH CORP	19,008	18,300
14040HBG9 CAPITAL ONE FINANCIA	17,672	18,861
17275RAF9 CISCO SYSTEMS INC	8,369	9,747
172967FX4 CITIGROUP INC	17,515	19,786
191216CM0 THE COCA-COLA CO DTD
20030NCT6 COMCAST CORP
20825CAQ7 CONOCOPHILLIPS	7,729	8,716
21036PBC1 CONSTELLATION BRANDS	15,415	17,244
22822VAR2 CROWN CASTLE INTL CO	18,926	17,932
26441CAL9 DUKE ENERGY CORP	16,075	16,703
29364WBD9 ENTERGY LOUISIANA LL	8,978	8,815
337738AT5 FISERV INC DD 06/24/
38141GGM0 GOLDMAN SACHS GROUP	9,268	10,176
38141GXG4 GOLDMAN SACHS GROUP	20,753	20,335
40414LAN9 HCP INC DTD 05/20/20
427866BG2 HERSHEY COMPANY	8,970	9,037
436106AA6 HOLLYFRONTIER CORP	3,345	3,364
437076AS1 HOME DEPOT INC	9,000	9,915
46625HJH4 JPMORGAN CHASE & CO	20,087	20,542
49326EEJ8 KEYCORP	19,331	18,429
49446RAM1 KIMCO REALTY CORP	13,589	17,174
49456BAP6 KINDER MORGAN INC	7,836	8,890
58013MFM1 MCDONALD'S CORP	19,101	18,912
58933YBB0 MERCK & CO INC	12,594	12,247
59156RBG2 METLIFE INC	15,856	19,453
6174468C6 MORGAN STANLEY	27,187	29,261
637432NS0 NATIONAL RURAL UTIL	17,533	18,706
654106AH6 NIKE INC DTD 03/27/2
655844CF3 NORFOLK SOUTHERN COR	8,979	9,167
670346AP0 NUCOR CORP	16,002	17,643
713448DP0 PEPSICO INC DTD 10/0
717081EU3 PFIZER INC DTD 03/11
718172CN7 PHILIP MORRIS INTL I	18,907	19,018
74456QCD6 PUBLIC SERVICE ELECT	10,959	10,621
824348AW6 SHERWIN-WILLIAMS CO	14,557	16,228
828807CS4 SIMON PROPERTY GROUP	19,761	21,037
87612EAZ9 TARGET CORP DTD 01/1
913017CY3 UNITED TECHNOLOGIES	19,390	20,134
92343VCK8 VERIZON COMMUNICATIO
92553PAP7 VIACOM INC	9,955	10,239
94106LBC2 WASTE MANAGEMENT INC
949746SH5 WELLS FARGO & COMPAN	18,994	19,961
960413AU6 WESTLAKE CHEMICAL CO	7,432	9,407
05565QDF2 BP CAPITAL MARKETS P	15,852	16,722
06367WMQ3 BANK OF MONTREAL DTD
46132FAA8 INVESCO FINANCE PLC
606822AL8 MITSUBISHI UFJ FINL	14,988	15,053
822582AY8 SHELL INTERNATIONAL	8,469	8,729
822582BW1 SHELL INTERNATIONAL
86562MAR1 SUMITOMO MITSUI FINA	17,796	19,275
89114QCK2 TORONTO-DOMINION BAN	18,947	18,492
961214DF7 WESTPAC BANKING CORP	18,925	18,385
04686JAD3 ATHENE HOLDING LTD	9,031	9,709
20030NDM0 COMCAST CORP	19,222	18,616
25470DAR0 DISCOVERY COMMUNICAT	18,856	18,475
29379VAG8 ENTERPRISE PRODUCTS	10,930	10,800
31331RN68 FEDERAL FARM CREDIT	34,205	44,813
3135G0K36 FEDERAL NATIONAL MOR	38,397	41,480
3135G0T94 FEDERAL NATIONAL MOR	34,820	35,717
3135G0ZR7 FEDERAL NATIONAL MOR	34,647	36,613
31620RAK1 FIDELITY NATL FINANC	18,881	18,645
37045XDD5 GENERAL MOTORS FINL	18,941	18,590
436106AC2 HOLLYFRONTIER CORP	4,309	4,308
460690BT6 INTERPUBLIC GROUP CO	18,968	18,949
59261AG76 MET TRANSPRTN AUTH N	13,132	13,689
69121KAE4 OWL ROCK CAPITAL COR	18,860	18,289
73358W4V3 PORT AUTH NEW YORK	20,284	20,107
7591EPAT7 REGIONS FINANCIAL CO	18,952	18,586
79466LAK0 SALESFORCE.COM INC	13,923	13,982
806854AJ4 SCHLUMBERGER INVT	19,225	19,469
808513BV6 CHARLES SCHWAB CORP	18,550	18,113
912810FT0 UNITED STATES TREASU	34,189	38,483
912810QU5 UNITED STATES TREASU	12,002	12,048
912810RB6 UNITED STATES TREASU	14,349	17,430
912810RP5 UNITED STATES TREASU	36,680	37,241
912810RV2 UNITED STATES TREASU	14,521	18,152
912810SP4 UNITED STATES TREASU	30,696	31,535
9128282A7 UNITED STATES TREASU	41,379	42,476
9128285M8 UNITED STATES TREASU	25,708	27,788
912828B66 UNITED STATES TREASU	43,622	44,785
912828D56 UNITED STATES TREASU	34,936	35,303
912828G38 UNITED STATES TREASU	24,525	25,918
912828M80 UNITED STATES TREASU	15,953	16,232
912828TJ9 UNITED STATES TREASU	24,358	24,205
912828V98 UNITED STATES TREASU	17,410	17,808
912828VB3 UNITED STATES TREASU	76,930	78,269
912828WJ5 UNITED STATES TREASU	16,083	16,621
912828XB1 UNITED STATES TREASU	7,787	8,281
91282CAG6 UNITED STATES TREASU	38,018	37,967
92343VFW9 VERIZON COMMUNICATIO	19,050	18,932
94106LBM0 WASTE MGMT INC	9,540	9,514

- TIN:

TY 2021 InvestmentsCorpStockSchedule

Name:

FREDERICK KALMBACH CHARITABLE REMAINDER

EIN:

22-6742794

Name of Stock	End of Year Book Value	End of Year Fair Market Value
880591300 TENNESSEE VALLEY AUT	98,634	109,830
880591409 TENNESSEE VALLEY AUT	76,636	82,944
00206R102 AT&T INC COMMON
002824100 ABBOTT LABS	18,454	115,407
00287Y109 ABBVIE INC	25,136	135,400
02079K107 ALPHABET INC CL C	11,472	23,149
02079K305 ALPHABET INC CL A	10,845	28,970
02209S103 ALTRIA GROUP INC	3,784	10,521
023135106 AMAZON.COM INC	40,327	56,684
025537101 AMERICAN ELEC PWR IN	9,274	24,912
031162100 AMGEN INC COMMON
037833100 APPLE INC	11,707	99,439
052769106 AUTODESK INC	15,741	19,121
053015103 AUTOMATIC DATA PROCE	14,096	23,425
053611109 AVERY DENNISON CORP	16,804	47,645
060505104 BANK OF AMERICA CORP	9,345	17,796
084670702 BERKSHIRE HATHAWAY I
11133T103 BROADRIDGE FINL SOLU	3,244	21,024
115236101 BROWN & BROWN INC	6,821	29,518
12541W209 CH ROBINSON WORLDWID	17,037	26,908
142339100 CARLISLE COMMON
14448C104 CARRIER GLOBAL CORP
171340102 CHURCH & DWIGHT INC	3,561	13,325
17275R102 CISCO SYSTEMS INC	17,147	41,191
194162103 COLGATE PALMOLIVE CO	17,188	24,749
200525103 COMMERCE BANCSHARES	5,897	14,985
22160K105 COSTCO WHOLESALE COR	9,719	17,031
231561101 CURTISS WRIGHT CORP
254687106 DISNEY WALT CO NEW	5,534	7,280
254709108 DISCOVER FINANCIAL S
260003108 DOVER CORP	21,154	70,824
30231G102 EXXON MOBIL CORP	4,080	24,476
30303M102 META PLATFORMS INC C	14,975	23,545
303075105 FACTSET RESEARCH SYS	2,796	14,580
363576109 ARTHUR J GALLAGHER &	3,888	16,967
370334104 GENERAL MILLS INC CO
37959E102 GLOBE LIFE INC	12,994	23,430
437076102 HOME DEPOT INC	4,010	70,967
440452100 HORMEL FOODS CORP
443510607 HUBBELL INC COMMON
452308109 ILLINOIS TOOL WKS IN	3,749	28,382
458140100 INTEL CORP	25,391	66,950
478160104 JOHNSON & JOHNSON	35,127	109,656
48123V102 ZIFF DAVIS INC	2,489	9,423
571748102 MARSH & MCLENNAN COS	19,382	66,747
579780206 MCCORMICK & CO INC	12,639	38,644
580135101 MCDONALDS CORP	11,036	29,488
58155Q103 MCKESSON CORP	9,653	24,857
58933Y105 MERCK & CO INC	9,753	9,963
594918104 MICROSOFT CORP	39,523	546,520
61174X109 MONSTER BEVERAGE COR
65339F101 NEXTERA ENERGY INC	12,582	18,672
654106103 NIKE INC-CLASS B	21,759	350,007
67066G104 NVIDIA CORP	6,859	29,411
68389X105 ORACLE CORPORATION	15,705	37,064
68902V107 OTIS WORLDWIDE CORP	4,314	19,591
693506107 PPG INDUSTRIES INC	11,868	68,976
713448108 PEPSICO INC	37,670	168,499
742718109 PROCTER & GAMBLE CO	16,497	63,796
749685103 RPM INTERNATIONAL IN	7,977	17,170
75513E101 RAYTHEON TECHNOLOGIE	17,917	66,783
761152107 RESMED INC	4,262	18,234
824348106 SHERWIN WILLIAMS CO	2,124	41,203
855244109 STARBUCKS CORP COMMO
871607107 SYNOPSYS INC	4,324	31,323
872540109 TJX COS INC	20,351	45,552
891092108 TORO CO	1,786	9,491
907818108 UNION PAC CORP	16,480	50,386
91324P102 UNITEDHEALTH GROUP I	5,236	91,389
92220P105 VARIAN MED SYS INC C
92343V104 VERIZON COMMUNICATIO
92826C839 VISA INC CL A	4,475	5,418
931142103 WALMART INC	11,988	14,469
942622200 WATSCO INC	5,017	17,208
771195104 ROCHE HOLDING LTD AD
H84989104 TE CONNECTIVITY LIMI	12,388	36,302

- TIN:

TY 2021 InvestmentsGovtObligationsSch

Name:

FREDERICK KALMBACH CHARITABLE REMAINDER

EIN:

22-6742794

US Government Securities - End of Year Book Value:

US Government Securities - End of Year Fair Market Value:

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

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

- TIN:

TY 2021 InvestmentsOtherSchedule2

Name:

FREDERICK KALMBACH CHARITABLE REMAINDER

EIN:

22-6742794

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
207019704 CONESTOGA FDS SMALL	AT COST	56,969	199,944
74256W527 PRINCIPAL EDGE MIDCA	AT COST	58,711	60,341
92828N668 VIRTUS KAR SMALL CAP	AT COST	1,840	2,910
00143W859 INVESCO DEVELOPING M	AT COST	35,000	38,963
412295107 HARDING LOEVNER INTL	AT COST	124,965	167,829
464287234 ISHARES MSCI EMERGIN	AT COST	35,941	42,646
464287465 ISHARES MSCI EAFE ET	AT COST	101,946	128,012
464287606 ISHARES S&P MIDCAP 4	AT COST	56,967	89,352
464288273 ISHARES MSCI EAFE SM	AT COST	66,053	83,469

- TIN:

TY 2021 OtherDecreasesSchedule

Name:

FREDERICK KALMBACH CHARITABLE REMAINDER

EIN:

22-6742794

Description	Amount
TIMING ADJUSTMENT- OPERATING EXPENSES	2,956
2021 TRANSACTIONS POSTED IN 2022	361
MUTUAL FUND EARNINGS	2
CY ACCRUED INTEREST PAID	587
ROUNDING	6

- TIN:

TY 2021 OtherExpensesSchedule

Name:

FREDERICK KALMBACH CHARITABLE REMAINDER

EIN:

22-6742794

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
GTS/ADR FEES	11	11		0
ADVERTISING	521	0	428	93
BOOKS /SUBSCRIPTIONS	197	0	162	35
COMPUTER	2,200	0	1,807	393
MISCELLANEOUS ADMINISTRATIVE	763	0	627	136
OFFICE SUPPLIES	697	0	572	124
PAYROLL SERVICE FEE	1,319	0	1,083	235
TELEPHONE SERVICE	776	0	637	139
FIVE YEAR ACCOUNTING '19-2023	728	0	598	130
ADMINISTRATORS SALARIES	51,460	0	42,271	9,189
ADMINISTRATORS BENEFITS	15,053	0	12,365	2,688
GROUNDS SALARY	9,251	0	7,599	1,652
MISCELLANEOUS PAYROLL	1,100	0	904	196
GUEST SPEAKER EXPENSES	733	0	602	130
PROGRAMS - OUTDOOR	2,050	0	1,684	366
PROGRAM SUPPLIES	203	0	167	36
REFRESHMENTS	802	0	659	143
CLEANING / PAPER PRODUCTS SUPP	347	0	285	62
DECORATING SUPPLIES	258	0	212	46
HVAC CONTRACT	929	0	763	166
KITCHEN APPLIANCES & SUPPLIES	42	0	35	8
MAINTENANCE SUPPLIES	1,232	0	1,012	220
MISCELLANEOUS OPERATING	217	0	178	39
MULCH	1,896	0	1,557	338
PLANTINGS	1,446	0	1,188	258
PROJECTS - OUTDOOR	1,712	0	1,406	306
REPAIRS	2,931	0	2,408	523
SECURITY CONTRACT	584	0	480	104
SNOW REMOVAL	2,145	0	1,762	383
TREE MAINTENANCE	1,949	0	1,601	348
VEHICLE / EQUIPMENT EXPENSES	3,021	0	2,481	539
EQUIPMENT PURCHASE	5,481	0	4,502	979
ELECTRIC BARN	1,329	0	1,091	237
ELECTRIC - HOUSE	3,811	0	3,130	680
PROPANE HEATING - BARN	1,436	0	1,180	256
WATER/SEWER/GARBAGE	1,176	0	966	210
FIELD & PINE FOREST CUTTING	400	0	329	71
DIRECTORS & OFFICERS POLICY	1,822	0	1,497	325
PROPERTY & TRUCK POLICY	7,452	0	6,121	1,331
WORKERS COMPENSATION POLICY	3,325	0	2,731	594
HOUSE HAVAC SYSTEM	9,741	0	8,002	1,739
MACUNGIE HISTORICAL SOCIETY	250	0	205	45

- TIN:

TY 2021 OtherIncomeSchedule2

Name:

FREDERICK KALMBACH CHARITABLE REMAINDER

EIN:

22-6742794

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
INSURANCE PROCEEDS FOR HAIL DAMAGE	15,406	0

- TIN:

TY 2021 OtherIncreasesSchedule

Name:

FREDERICK KALMBACH CHARITABLE REMAINDER

EIN:

22-6742794

Description	Amount
CAPITAL ACTION PROCEEDS- TD AMERITRADE	17
2020 TRANSACTIONS POSTED IN 2021	26
PRIOR PERIOD ADJUSTMENT	1,924
PY ACCRUED INTEREST CARRYFORWARD TO 2021	316

- TIN:

TY 2021 OtherProfessionalFeesSchedule

Name:

FREDERICK KALMBACH CHARITABLE REMAINDER

EIN:

22-6742794

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
BANK FEES	31,173	31,173

- TIN:

TY 2021 TaxesSchedule

Name:

FREDERICK KALMBACH CHARITABLE REMAINDER

EIN:

22-6742794

Category	Amount	Net Investment Income	Adjusted Net Income
FOREIGN TAXES	107	107	107
FEDERAL TAX PAYMENT - PRIOR YE	1,643	0
FEDERAL ESTIMATES - PRINCIPAL	3,849	0
FOREIGN TAXES ON QUALIFIED FOR	493	493	493
FOREIGN TAXES ON NONQUALIFIED	36	36	36