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
CROWLEY SHANAHAN FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)8333 DOUGLAS AVENUE SUITE 1600
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
DALLAS, TX75225

A Employer identification number

75-2251477

B Telephone number (see instructions)

(214) 442-8190

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

$19,333,977J 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	(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	79,349		79,349
4	Dividends and interest from securities...	197,979		179,019
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		3,185,022
b	Gross sales price for all assets on line 6a 9,112,454
7	Capital gain net income (from Part IV, line 2)...			3,185,022
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	3,462,350		3,443,390
13	Compensation of officers, directors, trustees, etc.	0		0	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....		64,784	64,784	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		57,155	7,275	49,880
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		136,282	0	136,282
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	258,221		72,059	186,162
25	Contributions, gifts, grants paid.......	1,360,000			1,360,000
26	Total expenses and disbursements. Add lines 24 and 25	1,618,221		72,059	1,546,162
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	1,844,129
b	Net investment income (if negative, enter -0-)			3,371,331
c	Adjusted net income (if negative, enter -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.............
	2	Savings and temporary cash investments.........	1,708,506	520,626	520,626
	3	Accounts receivable
		Less: allowance for doubtful accounts
	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
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........	6,389	7,197	7,197
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......	5,918,345	9,140,509	13,608,812
	c	Investments—corporate bonds (attach schedule).......	2,399,161	3,306,820	3,407,072
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	821,586	580,107	790,270
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	2,000,000	1,000,000	1,000,000
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	12,853,987	14,555,259	19,333,977
	17	Accounts payable and accrued expenses..........	6,480	12,996
	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).........	6,480	12,996
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	12,847,507	14,542,263
	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........
	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).....	12,847,507	14,542,263
	30	Total liabilities and net assets/fund balances (see instructions).	12,853,987	14,555,259

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

12,847,507

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

1,844,129

Other increases not included in line 2 (itemize) bullet

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

14,691,636

Decreases not included in line 2 (itemize) bullet

149,373

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

14,542,263

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	G-CON MANUFACTURING, INC.		2020-07-22	2021-07-16
b	G-CON MANUFACTURING, INC.		2020-11-20	2021-07-16
c	CHEVRON CORP		2019-06-21	2021-12-31
d	AKAMAI TECHNOLOGIES INC		2019-07-19	2021-12-31
e	AKAMAI TECHNOLOGIES INC		2019-06-19	2021-12-31
	AKAMAI TECHNOLOGIES INC		2019-07-12	2021-12-31
	CHEVRON CORP		2020-04-30	2021-12-31
	CHEVRON CORP		2019-07-19	2021-12-31
	CHEVRON CORP		2019-10-16	2021-12-31
	PERKINELMER INC		2019-08-13	2021-11-12
	MOODYS CORP		2019-07-03	2021-11-12
	MOODYS CORP		2020-07-21	2021-11-12
	PINTEREST INC CLASS A		2020-07-21	2021-11-12
	PERKINELMER INC		2019-10-16	2021-11-12
	PERKINELMER INC		2019-06-13	2021-11-12
	COLGATE-PALMOLIVE CO		2019-07-12	2021-11-12
	COLGATE-PALMOLIVE CO		2019-08-13	2021-11-12
	ADOBE INC		2019-09-19	2021-11-12
	PERKINELMER INC		2019-07-19	2021-11-12
	FLIR SYSTEMS INC		2019-06-13	2021-02-04
	VERIZON COMMUNICATN		2019-07-02	2021-02-04
	VERIZON COMMUNICATN		2019-06-13	2021-02-04
	FLIR SYSTEMS INC		2019-07-02	2021-02-04
	FLIR SYSTEMS INC		2019-07-24	2021-02-04
	BERKSHIRE HATHAWAY CLASS B		2019-06-19	2021-02-04
	BERKSHIRE HATHAWAY CLASS B		2019-07-03	2021-02-04
	REALPAGE INC		2019-07-24	2021-01-07
	REALPAGE INC		2019-06-19	2021-01-07
	REALPAGE INC		2019-07-03	2021-01-07
	CHEVRON CORP		2021-02-04	2021-12-31
	DUN BRADST HLDG INC		2021-02-04	2021-05-20
	FLIR SYSTEMS INC		2020-07-21	2021-02-04
	REALPAGE INC		2020-01-15	2021-01-07
	MARSH & MCLENNAN COM 2.75% 01/30/2022 CALLABLE		2019-10-03	2021-12-30
	SPDR GOLD SHARES ETF		2009-12-07	2021-11-11
	SPDR GOLD SHARES ETF		2009-12-07	2021-11-11
	SPDR GOLD SHARES ETF		2009-12-04	2021-11-11
	SPDR GOLD SHARES ETF		2009-12-04	2021-11-11
	GENERAL ELECTRIC CO 4.65% 10/17/2021		2019-10-03	2021-10-17
	MOLSON COORS BEVERAG 2.1% 07/15/2021 CALLABLE		2019-10-03	2021-07-15
	LAM RESEARCH CORP 2.8% 06/15/2021 CALLABLE		2019-10-03	2021-06-15
	DUKE ENERGY CORP 3.55% 09/15/2021 CALLABLE		2019-10-03	2021-06-15
	SPDR GOLD SHARES ETF		2009-12-04	2021-05-13
	SPDR GOLD SHARES ETF		2009-12-04	2021-05-13
	SPDR GOLD SHARES ETF		2009-12-04	2021-05-13
	SPDR GOLD SHARES ETF		2009-12-04	2021-05-13
	SPDR GOLD SHARES ETF		2009-12-04	2021-03-25
	SPDR GOLD SHARES ETF		2009-06-23	2021-03-25
	SPDR GOLD SHARES ETF		2009-06-03	2021-03-25
	SPDR GOLD SHARES ETF		2009-06-03	2021-02-23
	SPDR GOLD SHARES ETF		2009-06-03	2021-02-23
	SPDR GOLD SHARES ETF		2009-06-03	2021-02-23
	NORTHERN STOCK INDEX		2010-12-31	2021-01-27
	VANGUARD SMALL CAP INDEX ADM		2015-10-23	2021-01-27
	VANGUARD SMALL CAP INDEX ADM		2015-09-24	2021-01-27
	VANGUARD SMALL CAP INDEX ADM		2015-03-24	2021-01-27
	VANGUARD SMALL CAP INDEX ADM		2014-12-19	2021-01-27
	VANGUARD SMALL CAP INDEX ADM		2014-03-24	2021-01-27
	VANGUARD SMALL CAP INDEX ADM		2013-12-23	2021-01-27
	VANGUARD SMALL CAP INDEX ADM		2013-03-19	2021-01-27
	VANGUARD SMALL CAP INDEX ADM		2012-12-21	2021-01-27
	VANGUARD SMALL CAP INDEX ADM		2012-03-21	2021-01-27
	VANGUARD SMALL CAP INDEX ADM		2011-12-22	2021-01-27
	PHILIP MORRIS INTERN 1.875% 02/25/2021 CALLABLE		2019-10-03	2021-01-25
	JOHN DEERE CAPITAL C 2.35% 01/08/2021		2019-10-03	2021-01-08
	PENN NTNL GAMING		2021-11-04	2021-12-31
	PENN NTNL GAMING		2021-11-11	2021-12-31
	PENN NTNL GAMING		2021-11-11	2021-12-31
	PENN NTNL GAMING		2021-11-11	2021-12-31
	PENN NTNL GAMING		2021-11-04	2021-12-31
	PENN NTNL GAMING		2021-11-11	2021-12-31
	PENN NTNL GAMING		2021-11-11	2021-12-31
	BLOCK INC A		2021-02-25	2021-12-31
	BLOCK INC A		2021-01-27	2021-12-31
	SKYWORKS SOLUTIONS		2021-11-05	2021-12-31
	SKYWORKS SOLUTIONS		2021-09-27	2021-12-31
	SKYWORKS SOLUTIONS		2021-05-21	2021-12-31
	SKYWORKS SOLUTIONS		2021-04-30	2021-12-31
	DRAFTKINGS INC		2021-11-11	2021-12-20
	DRAFTKINGS INC		2021-11-05	2021-12-20
	PENN NTNL GAMING		2021-08-06	2021-12-20
	PENN NTNL GAMING		2021-08-06	2021-12-20
	PENN NTNL GAMING		2021-08-06	2021-12-20
	PENN NTNL GAMING		2021-08-06	2021-12-20
	PAYPAL HOLDINGS INCO		2021-11-11	2021-12-20
	PAYPAL HOLDINGS INCO		2021-11-11	2021-12-20
	PAYPAL HOLDINGS INCO		2021-11-05	2021-12-20
	PAYPAL HOLDINGS INCO		2021-10-21	2021-12-20
	PAYPAL HOLDINGS INCO		2021-10-21	2021-12-20
	PAYPAL HOLDINGS INCO		2021-10-21	2021-12-20
	PAYPAL HOLDINGS INCO		2021-10-21	2021-12-20
	PAYPAL HOLDINGS INCO		2021-10-21	2021-12-20
	THE TRADE DESK INC A		2021-01-27	2021-12-20
	THE TRADE DESK INC A		2021-01-06	2021-12-20
	DRAFTKINGS INC		2021-10-15	2021-12-16
	DRAFTKINGS INC		2021-06-16	2021-12-16
	DRAFTKINGS INC		2021-05-07	2021-12-16
	ARRIVAL GROUP		2021-07-22	2021-11-17
	ARRIVAL GROUP		2021-04-09	2021-11-17
	ARRIVAL GROUP		2021-04-09	2021-11-17
	ARRIVAL GROUP		2021-04-09	2021-11-17
	ARRIVAL GROUP		2021-04-09	2021-11-17
	ARRIVAL GROUP		2021-04-09	2021-11-17
	ARRIVAL GROUP		2021-04-09	2021-11-17
	ARRIVAL GROUP		2021-04-09	2021-11-17
	ARRIVAL GROUP		2021-04-09	2021-11-17
	ARRIVAL GROUP		2021-04-09	2021-11-17
	ARRIVAL GROUP		2021-04-09	2021-11-17
	ARRIVAL GROUP		2021-04-09	2021-11-17
	ARRIVAL GROUP		2021-04-09	2021-11-17
	ARRIVAL GROUP		2021-04-09	2021-11-17
	ARRIVAL GROUP		2021-04-09	2021-11-17
	ARRIVAL GROUP		2021-04-09	2021-11-17
	ARRIVAL GROUP		2021-04-09	2021-11-17
	ARRIVAL GROUP		2021-04-09	2021-11-17
	ARRIVAL GROUP		2021-04-09	2021-11-17
	ARRIVAL GROUP		2021-04-09	2021-11-17
	ARRIVAL GROUP		2021-04-09	2021-11-17
	ARRIVAL GROUP		2021-04-09	2021-11-17
	ARRIVAL GROUP		2021-03-31	2021-11-17
	ARRIVAL GROUP		2021-03-31	2021-11-17
	ARRIVAL GROUP		2021-03-31	2021-11-17
	ARRIVAL GROUP		2021-03-31	2021-11-17
	ARRIVAL GROUP		2021-03-31	2021-11-17
	GENERAL MILLS, INC. 3.15% 12/15/2021 CALLABLE		2020-11-03	2021-10-14
	NORFOLK SOUTHERN COR 3.25% 12/01/2021 CALLABLE		2020-11-03	2021-09-01
	QUANTUMSCAPE CORP A		2021-04-15	2021-07-09
	QUANTUMSCAPE CORP A		2021-03-25	2021-07-09
	QUANTUMSCAPE CORP A		2021-01-20	2021-07-09
	QUANTUMSCAPE CORP A		2021-01-20	2021-07-09
	LAM RESEARCH CORP 2.8% 06/15/2021 CALLABLE		2020-08-26	2021-06-15
	QUANTUMSCAPE CORP A		2021-01-13	2021-06-02
	QUANTUMSCAPE CORP A		2021-01-13	2021-06-02
	INGERSOLL RAND CO 7.2% 06/01/2025		2021-01-27	2021-06-01
	QUANTUMSCAPE CORP A		2021-01-06	2021-05-21
	QUANTUMSCAPE CORP A		2021-01-06	2021-05-21
	QUANTUMSCAPE CORP A		2021-01-06	2021-05-21
	QUANTUMSCAPE CORP A		2021-01-06	2021-05-21
	QUANTUMSCAPE CORP A		2021-01-06	2021-05-21
	QUANTUMSCAPE CORP A		2021-01-06	2021-05-21
	QUANTUMSCAPE CORP A		2021-01-06	2021-05-21
	ARRIVAL GROUP		2021-02-03	2021-05-13
	ARRIVAL GROUP		2021-02-03	2021-05-13
	ARRIVAL GROUP		2021-02-03	2021-05-13
	ARRIVAL GROUP		2021-02-03	2021-05-13
	ARRIVAL GROUP		2021-02-03	2021-05-13
	ARRIVAL GROUP		2021-02-03	2021-05-13
	ARRIVAL GROUP		2021-02-03	2021-05-13
	ARRIVAL GROUP		2021-02-03	2021-05-13
	ARRIVAL GROUP		2021-02-03	2021-05-13
	ARRIVAL GROUP		2021-02-03	2021-05-13
	ARRIVAL GROUP		2021-02-03	2021-05-13
	ARRIVAL GROUP		2021-02-03	2021-05-13
	TESLA INC		2021-02-22	2021-05-13
	TESLA INC		2021-02-10	2021-05-13
	PINTEREST INC A		2020-05-20	2021-05-11
	C3 AI INC A		2021-03-25	2021-05-07
	C3 AI INC A		2021-03-25	2021-05-07
	C3 AI INC A		2021-03-25	2021-05-07
	C3 AI INC A		2021-03-25	2021-05-07
	C3 AI INC A		2021-03-25	2021-05-07
	C3 AI INC A		2021-03-25	2021-05-07
	C3 AI INC A		2021-03-25	2021-05-07
	TESLA INC		2021-02-09	2021-05-07
	TESLA INC		2021-01-27	2021-05-07
	TESLA INC		2021-01-27	2021-05-07
	C3 AI INC A		2021-03-02	2021-05-04
	C3 AI INC A		2021-02-25	2021-05-04
	C3 AI INC A		2021-02-23	2021-04-30
	C3 AI INC A		2021-02-23	2021-04-30
	C3 AI INC A		2021-02-23	2021-04-30
	C3 AI INC A		2021-02-23	2021-04-30
	C3 AI INC A		2021-02-23	2021-04-30
	C3 AI INC A		2021-02-23	2021-04-30
	C3 AI INC A		2021-02-23	2021-04-30
	C3 AI INC A		2021-02-23	2021-04-30
	ROYAL GOLD INC		2020-11-23	2021-03-25
	SPECTRA ENERGY PARTN 4.6% 06/15/2021 CALLABLE		2020-11-03	2021-03-15
	CORSAIR GAMING INC		2020-12-03	2021-03-04
	CORSAIR GAMING INC		2020-12-03	2021-03-04
	CORSAIR GAMING INC		2020-12-03	2021-03-04
	CORSAIR GAMING INC		2020-12-03	2021-03-04
	CORSAIR GAMING INC		2020-12-03	2021-03-04
	CORSAIR GAMING INC		2020-12-03	2021-03-04
	CORSAIR GAMING INC		2020-12-03	2021-03-04
	CORSAIR GAMING INC		2020-12-03	2021-03-04
	CORSAIR GAMING INC		2020-12-03	2021-03-04
	CORSAIR GAMING INC		2020-12-03	2021-03-04
	CORSAIR GAMING INC		2020-12-03	2021-03-04
	CORSAIR GAMING INC		2020-12-03	2021-03-04
	CORSAIR GAMING INC		2020-12-03	2021-03-04
	CORSAIR GAMING INC		2020-12-03	2021-03-04
	CORSAIR GAMING INC		2020-12-03	2021-03-04
	CORSAIR GAMING INC		2020-12-03	2021-03-04
	CORSAIR GAMING INC		2020-12-03	2021-03-04
	CORSAIR GAMING INC		2020-12-03	2021-03-04
	CORSAIR GAMING INC		2020-12-03	2021-03-04
	CORSAIR GAMING INC		2020-12-03	2021-03-04
	CORSAIR GAMING INC		2020-12-03	2021-03-04
	CORSAIR GAMING INC		2020-12-03	2021-03-04
	CORSAIR GAMING INC		2020-12-03	2021-03-04
	CORSAIR GAMING INC		2020-12-03	2021-03-04
	CORSAIR GAMING INC		2020-12-03	2021-03-04
	CORSAIR GAMING INC		2020-12-03	2021-03-04
	CORSAIR GAMING INC		2020-12-03	2021-03-04
	CORSAIR GAMING INC		2020-12-03	2021-03-04
	CORSAIR GAMING INC		2020-12-03	2021-03-04
	CORSAIR GAMING INC		2020-12-03	2021-03-04
	CORSAIR GAMING INC		2020-12-03	2021-03-04
	CORSAIR GAMING INC		2020-12-03	2021-03-04
	CORSAIR GAMING INC		2020-12-03	2021-03-04
	CORSAIR GAMING INC		2020-12-03	2021-03-04
	CORSAIR GAMING INC		2020-12-04	2021-03-04
	CORSAIR GAMING INC		2020-12-03	2021-03-04
	CORSAIR GAMING INC		2020-12-04	2021-03-04
	CORSAIR GAMING INC		2020-12-04	2021-03-04
	CORSAIR GAMING INC		2020-12-04	2021-03-04
	CORSAIR GAMING INC		2020-12-04	2021-03-04
	CORSAIR GAMING INC		2020-12-04	2021-03-04
	CORSAIR GAMING INC		2020-12-04	2021-03-04
	CORSAIR GAMING INC		2020-12-17	2021-03-04
	CORSAIR GAMING INC		2020-12-04	2021-03-04
	CORSAIR GAMING INC		2020-12-17	2021-03-04
	CORSAIR GAMING INC		2020-12-17	2021-03-04
	CORSAIR GAMING INC		2020-12-17	2021-03-04
	CORSAIR GAMING INC		2020-12-17	2021-03-04
	CORSAIR GAMING INC		2020-12-17	2021-03-04
	PINTEREST INC A		2020-05-20	2021-02-24
	ISHARES SILVER TRUST ETF IV		2021-02-01	2021-02-02
	ISHARES SILVER TRUST ETF IV		2021-02-01	2021-02-02
	ISHARES SILVER TRUST ETF IV		2021-02-01	2021-02-02
	ISHARES SILVER TRUST ETF IV		2021-02-01	2021-02-02
	ISHARES SILVER TRUST ETF IV		2021-02-01	2021-02-02
	ISHARES SILVER TRUST ETF IV		2021-02-01	2021-02-02
	ISHARES SILVER TRUST ETF IV		2021-02-01	2021-02-02
	ISHARES SILVER TRUST ETF IV		2021-02-01	2021-02-02
	ISHARES SILVER TRUST ETF IV		2021-02-01	2021-02-02
	PENN NTNL GAMING		2021-11-04	2021-12-31
	CAPITAL GAINS 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	2,177,868	500,000	1,677,868
b	2,177,868	500,000	1,677,868
c	35,181	37,627	-2,446
d	14,581	10,517	4,064
e	44,909	30,218	14,691
	36,744	25,851	10,893
	23,454	18,370	5,084
	23,454	25,003	-1,549
	11,727	11,612	115
	26,958	12,444	14,514
	1,932	1,008	924
	15,460	11,773	3,687
	18,200	10,390	7,810
	26,958	12,255	14,703
	71,888	37,232	34,656
	46,752	44,463	2,289
	7,792	7,176	616
	32,450	14,057	18,393
	26,958	14,136	12,822
	37,969	36,464	1,505
	13,788	14,255	-467
	24,819	25,922	-1,103
	21,697	21,667	30
	16,273	15,536	737
	35,248	31,049	4,199
	23,498	21,449	2,049
	17,312	12,761	4,551
	43,281	29,910	13,371
	34,625	24,473	10,152
	23,454	17,785	5,669
	37,371	42,959	-5,588
	13,561	10,412	3,149
	17,312	11,508	5,804
	25,000	25,020	-20
	115,743	72,228	43,515
	21,756	13,577	8,179
	9,399	6,102	3,297
	27,152	17,248	9,904
	50,000	50,000	0
	35,000	35,000	0
	35,000	35,000	0
	40,000	40,159	-159
	31,465	20,793	10,672
	42,067	27,200	14,867
	50,959	33,673	17,286
	46,513	30,073	16,440
	5,860	3,980	1,880
	29,950	16,132	13,818
	45,576	25,801	19,775
	50,724	27,590	23,134
	23,672	12,900	10,772
	10,145	5,518	4,627
	165,000	55,237	109,763
	131,381	74,587	56,794
	5,562	2,836	2,726
	272	139	133
	9,055	4,617	4,438
	47	24	23
	8,128	4,144	3,984
	119	61	58
	11,574	5,901	5,673
	139	71	68
	8,724	3,035	5,689
	35,000	35,006	-6
	25,000	25,000	0
	10,352	11,747	-1,395
	3,054	3,407	-353
	5,176	5,775	-599
	12,474	13,918	-1,444
	31,056	35,241	-4,185
	9,524	10,626	-1,102
	21,532	24,024	-2,492
	32,468	45,401	-12,933
	129,871	165,366	-35,495
	31,170	32,879	-1,709
	38,962	42,989	-4,027
	38,962	41,635	-2,673
	77,925	91,040	-13,115
	27,505	41,150	-13,645
	27,505	42,730	-15,225
	4,669	7,133	-2,464
	3,268	4,993	-1,725
	130,731	199,696	-68,965
	1,401	2,140	-739
	21,392	23,783	-2,391
	6,034	6,708	-674
	27,426	33,729	-6,303
	134,203	180,410	-46,207
	1,828	2,458	-630
	22,489	30,228	-7,739
	18,284	24,576	-6,292
	6,034	8,111	-2,077
	13,105	11,511	1,594
	161,628	140,591	21,037
	27,200	47,984	-20,784
	13,600	24,568	-10,968
	68,000	123,550	-55,550
	38,410	48,930	-10,520
	505	703	-198
	3,292	4,587	-1,295
	1,097	1,529	-432
	395	550	-155
	1,800	2,508	-708
	1,975	2,750	-775
	1,097	1,529	-432
	5,487	7,645	-2,158
	11	15	-4
	219	306	-87
	637	886	-249
	1,097	1,529	-432
	779	1,085	-306
	461	642	-181
	154	214	-60
	702	979	-277
	2,645	3,682	-1,037
	2,195	3,058	-863
	801	1,115	-314
	988	1,376	-388
	1,097	1,528	-431
	988	1,508	-520
	1,097	1,677	-580
	1,097	1,675	-578
	40,220	61,389	-21,169
	494	754	-260
	50,000	50,194	-194
	40,000	40,237	-237
	61,783	93,643	-31,860
	37,070	65,652	-28,582
	9,885	19,340	-9,455
	39,541	77,360	-37,819
	15,000	15,000	0
	894	1,846	-952
	54,948	113,553	-58,605
	4,000	4,601	-601
	5,518	14,216	-8,698
	24,831	63,972	-39,141
	2,759	7,108	-4,349
	28	71	-43
	28	71	-43
	138	355	-217
	21,874	56,366	-34,492
	3,531	5,550	-2,019
	12,370	19,425	-7,055
	1,769	2,775	-1,006
	1,769	2,775	-1,006
	3,202	5,023	-1,821
	142	222	-80
	1,769	2,775	-1,006
	1,769	2,775	-1,006
	19,606	30,830	-11,224
	19,606	30,830	-11,224
	6,865	10,795	-3,930
	33,598	52,725	-19,127
	28,772	37,162	-8,390
	28,772	40,444	-11,672
	116,981	37,059	79,922
	5,198	5,708	-510
	584	641	-57
	58	64	-6
	10,503	11,558	-1,055
	584	641	-57
	584	641	-57
	11,668	12,842	-1,174
	16,892	21,191	-4,299
	84,461	108,925	-24,464
	67,569	87,130	-19,561
	29,088	51,870	-22,782
	29,088	57,150	-28,062
	6,678	12,018	-5,340
	6,678	12,025	-5,347
	6,675	12,025	-5,350
	134	241	-107
	134	241	-107
	6,675	12,025	-5,350
	668	1,202	-534
	72,544	130,590	-58,046
	103,145	109,626	-6,481
	45,000	45,300	-300
	584	644	-60
	97	107	-10
	2,564	2,829	-265
	32	36	-4
	3,212	3,548	-336
	3,244	3,584	-340
	6,482	7,168	-686
	648	717	-69
	648	717	-69
	1,944	2,150	-206
	583	645	-62
	2,657	2,934	-277
	32	36	-4
	12,312	13,619	-1,307
	3,240	3,581	-341
	616	680	-64
	3,238	3,584	-346
	3,237	3,584	-347
	32	36	-4
	3,204	3,548	-344
	3,233	3,584	-351
	3,238	3,584	-346
	3,238	3,584	-346
	9,711	10,752	-1,041
	3,238	3,584	-346
	9,711	10,752	-1,041
	1,651	1,828	-177
	2,136	2,365	-229
	2,687	2,975	-288
	3,237	3,584	-347
	32	36	-4
	711	788	-77
	2,489	2,760	-271
	129	143	-14
	6,468	7,114	-646
	3,105	3,441	-336
	3,236	3,557	-321
	3,236	3,557	-321
	3,235	3,557	-322
	3,235	3,557	-322
	2,264	2,490	-226
	6,662	7,327	-665
	3,266	3,979	-713
	4,010	4,411	-401
	6,565	7,997	-1,432
	7,050	8,588	-1,538
	5,756	7,012	-1,256
	3,234	3,940	-706
	6,462	7,879	-1,417
	85,186	18,530	66,656
	43,501	46,319	-2,818
	26,500	28,216	-1,716
	3,500	3,727	-227
	2,500	2,662	-162
	2,500	2,662	-162
	2,500	2,662	-162
	33,999	36,203	-2,204
	5,000	5,324	-324
	5,000	5,324	-324
	10,352	11,747	-1,395
	30,767		30,767

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			1,677,868
b			1,677,868
c			-2,446
d			4,064
e			14,691
			10,893
			5,084
			-1,549
			115
			14,514
			924
			3,687
			7,810
			14,703
			34,656
			2,289
			616
			18,393
			12,822
			1,505
			-467
			-1,103
			30
			737
			4,199
			2,049
			4,551
			13,371
			10,152
			5,669
			-5,588
			3,149
			5,804
			-20
			43,515
			8,179
			3,297
			9,904
			0
			0
			0
			-159
			10,672
			14,867
			17,286
			16,440
			1,880
			13,818
			19,775
			23,134
			10,772
			4,627
			109,763
			56,794
			2,726
			133
			4,438
			23
			3,984
			58
			5,673
			68
			5,689
			-6
			0
			-1,395
			-353
			-599
			-1,444
			-4,185
			-1,102
			-2,492
			-12,933
			-35,495
			-1,709
			-4,027
			-2,673
			-13,115
			-13,645
			-15,225
			-2,464
			-1,725
			-68,965
			-739
			-2,391
			-674
			-6,303
			-46,207
			-630
			-7,739
			-6,292
			-2,077
			1,594
			21,037
			-20,784
			-10,968
			-55,550
			-10,520
			-198
			-1,295
			-432
			-155
			-708
			-775
			-432
			-2,158
			-4
			-87
			-249
			-432
			-306
			-181
			-60
			-277
			-1,037
			-863
			-314
			-388
			-431
			-520
			-580
			-578
			-21,169
			-260
			-194
			-237
			-31,860
			-28,582
			-9,455
			-37,819
			0
			-952
			-58,605
			-601
			-8,698
			-39,141
			-4,349
			-43
			-43
			-217
			-34,492
			-2,019
			-7,055
			-1,006
			-1,006
			-1,821
			-80
			-1,006
			-1,006
			-11,224
			-11,224
			-3,930
			-19,127
			-8,390
			-11,672
			79,922
			-510
			-57
			-6
			-1,055
			-57
			-57
			-1,174
			-4,299
			-24,464
			-19,561
			-22,782
			-28,062
			-5,340
			-5,347
			-5,350
			-107
			-107
			-5,350
			-534
			-58,046
			-6,481
			-300
			-60
			-10
			-265
			-4
			-336
			-340
			-686
			-69
			-69
			-206
			-62
			-277
			-4
			-1,307
			-341
			-64
			-346
			-347
			-4
			-344
			-351
			-346
			-346
			-1,041
			-346
			-1,041
			-177
			-229
			-288
			-347
			-4
			-77
			-271
			-14
			-646
			-336
			-321
			-321
			-322
			-322
			-226
			-665
			-713
			-401
			-1,432
			-1,538
			-1,256
			-706
			-1,417
			66,656
			-2,818
			-1,716
			-227
			-162
			-162
			-162
			-2,204
			-324
			-324
			-1,395
			30,767

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	3,185,022
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	46,862
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	46,862
6	Credits/Payments:

a	2021 estimated tax payments and 2020 overpayment credited to 2021	6a	24,840
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	25,000
d	Backup withholding erroneously withheld ...........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	49,840
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	18
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	2,960
11	Enter the amount of line 10 to be: Credited to 2022 estimated tax2,960	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

$ 0(2) On foundation managers. bullet

$ 0

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

on foundation managers. bullet

$ 0

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

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

N/A

The books are in care of bullet

ORGANIZATION Telephone no. bullet

(214) 442-8190

Located at bullet

8333 DOUGLAS AVENUE SUITE 1600DALLASTX ZIP+4 bullet

75225

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
DAVID SHANAHAN	PRESIDENT & TREASURER 1.00	0	0	0
8333 DOUGLAS AVENUE SUITE 1600 DALLAS,TX75225	PRESIDENT & TREASURER 1.00	0	0	0
SALLY SHANAHAN	VICE PRESIDENT 1.00	0	0	0
8333 DOUGLAS AVENUE SUITE 1600 DALLAS,TX75225	VICE PRESIDENT 1.00	0	0	0
SARAH OVERMAN	SECRETARY 1.00	0	0	0
8333 DOUGLAS AVENUE SUITE 1600 DALLAS,TX75225	SECRETARY 1.00	0	0	0
ROBERT LANDIN	BOARD MEMBER 1.00	0	0	0
8333 DOUGLAS AVENUE SUITE 1600 DALLAS,TX75225	BOARD MEMBER 1.00	0	0	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


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

15,865,064

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

760,688

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

1,000,000

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

17,625,752

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

17,625,752

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

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

264,386

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

17,361,366

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

868,068

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

868,068

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

46,862

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

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

46,862

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

821,206

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

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

821,206

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

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

821,206

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					821,206
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......	13,131
c From 2018......	54,814
d From 2019......	773,981
e From 2020......	645,165
f Total of lines 3a through e ........		1,487,091
4Qualifying distributions for 2021 from Part
XI, line 4: $ 1,546,162
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.....					821,206
e Remaining amount distributed out of corpus		724,956
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		2,212,047
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 ......		2,212,047
10 Analysis of line 9:
a Excess from 2017....	13,131
b Excess from 2018....	54,814
c Excess from 2019....	773,981
d Excess from 2020....	645,165
e Excess from 2021....	724,956

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).)

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 email address of the person to whom applications should be addressed:

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

cAny submission deadlines:

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

Form 990-PF (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
OUR CALLING INC PO BOX 140428 DALLAS,TX75214		PUBLIC CHARITY	HOMELESS MINISTRY	50,000
PATRICK HENRY COLLEGE TEN PATRICK HENRY CIRCLE PURCELLVILLE,VA20132		PUBLIC CHARITY	OPERATIONAL SUPPORT	400,000
EDEN PROJECT FOUNDATION 10914 CREEKMORE DRIVE DALLAS,TX75218		PUBLIC CHARITY	OPERATIONAL SUPPORT	100,000
REFUGE CITY OF DALLAS INC 2310 N HENDERSON AVENUE STE 223 DALLAS,TX75206		PUBLIC CHARITY	CITY OF REFUGE LAKE HIGHLANDS PROJECT	20,000
BARNABAS FOUNDATION PO BOX 3200 SPRINGFIELD,MO65808		PUBLIC CHARITY	CAMP BARNABUS CAPITAL CAMPAIGN	100,000
MIGHTY OAKS FOUNDATION 29910 MURRIETA HOT SPRINGS ROAD MURRIETA,CA92563		PUBLIC CHARITY	AFGHANISTAN RESCUE RELIEF PROGRAM	50,000
OPERATION RESTORED WARRIOR 5550 TECH CENTER DRIVE SUITE 303 COLORADO SPRINGS,CO80919		PUBLIC CHARITY	OPERATION RESTORED WARRIOR	200,000
INTERNATIONAL JUSTICE MISSION PO BOX 58147 WASHINGTON,DC20037		PUBLIC CHARITY	SPONSORSHIP OF DALLAS JUSTICE GATHERING	100,000
CORAM DEO ACADEMY 4900 WICHITA TRAIL FLOWER MOUND,TX75022		PUBLIC CHARITY	FINALIZATION OF MODULAR BUILDING WEIGHT ROOM	100,000
UNHINDERED INC 7908 BRYN MAWR DALLAS,TX75225		PUBLIC CHARITY	OPERATIONAL SUPPORT	240,000
Total ................................. 3a				1,360,000

bApproved for future payment

Total ................................. 3b				0

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	79,349
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 ............			14	3,185,022
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		0		3,462,350	0

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

3,462,350

(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:

CROWLEY SHANAHAN FOUNDATION

EIN:

75-2251477

Name of Bond	End of Year Book Value	End of Year Fair Market Value
CHARLES SCHWAB - CORPORATE BONDS	3,306,820	3,407,072

- TIN:

TY 2021 InvestmentsCorpStockSchedule

Name:

CROWLEY SHANAHAN FOUNDATION

EIN:

75-2251477

Name of Stock	End of Year Book Value	End of Year Fair Market Value
CHARLES SCHWAB - MUTUAL STOCK FUNDS	925,454	1,654,649
CHARLES SCHWAB - SECURITIES	8,215,055	11,954,163

- TIN:

TY 2021 InvestmentsOtherSchedule2

Name:

CROWLEY SHANAHAN FOUNDATION

EIN:

75-2251477

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
CHARLES SCHWAB - EXCHANGE TRADED FUNDS	FMV	108,614	170,960
CHARLES SCHWAB - OTHER ASSETS	FMV	471,493	619,310

- TIN:

TY 2021 OtherAssetsSchedule

Name:

CROWLEY SHANAHAN FOUNDATION

EIN:

75-2251477

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
INVESTMENT IN CLOSELY HELD INVESTMENT	2,000,000	1,000,000	1,000,000

- TIN:

TY 2021 OtherDecreasesSchedule

Name:

CROWLEY SHANAHAN FOUNDATION

EIN:

75-2251477

Description	Amount
PRIOR YEAR PURCHASED INTEREST ADJUSTMENT	149,373

- TIN:

TY 2021 OtherExpensesSchedule

Name:

CROWLEY SHANAHAN FOUNDATION

EIN:

75-2251477

Description	Revenue and Expenses per Books	Disbursements for Charitable Purposes
BANK CHARGES	332	332
DUES & SUBSCRIPTIONS	1,306	1,306
MISCELLANEOUS	279	279
NON CHARITABLE DISTRIBUTIONS	128,839	128,839
INSURANCE	5,526	5,526

- TIN:

TY 2021 OtherProfessionalFeesSchedule

Name:

CROWLEY SHANAHAN FOUNDATION

EIN:

75-2251477

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT MANAGER FEES	64,784	64,784		0

- TIN:

TY 2021 TaxesSchedule

Name:

CROWLEY SHANAHAN FOUNDATION

EIN:

75-2251477

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREGIN TAXES	7,275	7,275		0
FEDERAL INCOME TAXES	49,880	0		49,880