Form990-PF
Click to see attachment
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Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
The Charles T Bauer Charitable
Foundation
Number and street (or P.O. box number if mail is not delivered to street address)901 South Bond Street 400
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Baltimore, MD21231
A Employer identification number

47-6309118
B Telephone number (see instructions)

(410) 537-5400
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$139,328,828J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 639,734 639,734  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 10,726,955
b Gross sales price for all assets on line 6a 44,998,579
7 Capital gain net income (from Part IV, line 2)... 10,714,518
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)....... Click to see attachment 1,650,069 1,630,003  
12 Total. Add lines 1 through 11........ 13,016,758 12,984,255  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 166,000 16,600   149,400
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 10,000 4,500   5,000
c Other professional fees (attach schedule).... Click to see attachment 378,135 196,183   181,952
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 159,140 2,140   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 771,110 593,624   3,882
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,484,385 813,047   340,234
25 Contributions, gifts, grants paid....... 6,023,604 6,023,604
26 Total expenses and disbursements. Add lines 24 and 25 7,507,989 813,047   6,363,838
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 5,508,769
b Net investment income (if negative, enter -0-) 12,171,208
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 Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 4,135,815 2,167,121 2,167,121
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 9,847,682 Click to see attachment18,176,029 18,309,343
b Investments—corporate stock (attach schedule)....... 26,168,648 Click to see attachment16,699,225 35,328,772
c Investments—corporate bonds (attach schedule)....... 8,821,877 Click to see attachment16,405,813 16,817,294
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 49,073,535 Click to see attachment50,108,138 66,706,298
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 98,047,557 103,556,326 139,328,828
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 98,047,557 103,556,326
29 Total net assets or fund balances (see instructions)..... 98,047,557 103,556,326
30 Total liabilities and net assets/fund balances (see instructions). 98,047,557 103,556,326
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
98,047,557
2
Enter amount from Part I, line 27a .....................
2
5,508,769
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
103,556,326
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
103,556,326
Form 990-PF (2021)
Form 990-PF (2021)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a Publicly-traded securities      
b From Schedule K-1 P    
c Ligitation settlement proceeds P    
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 42,518,300   34,271,624 8,246,676
b 2,464,097     2,464,097
c 3,745     3,745
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       8,246,676
b       2,464,097
c       3,745
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 10,714,518
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 169,180
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- ..... 5 169,180
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 166,713
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 166,713
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 2,467
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet   RefundedBullet 11  
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMD, TX
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
    Yes
     
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletBrown Advisory Telephone no.bullet (410) 537-5400

    Located atbullet901 South Bond St Ste 400BaltimoreMD ZIP+4bullet21231
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16Yes  
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bulletUC
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
    Yes
     
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
    No
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
    No
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    Janet Bauer Hartman Trustee
    7.00     		83,000 0 0
    901 South Bond St Suite 40
    Baltimore,MD21231
    Theodore Wingate Bauer Trustee
    7.00     		83,000 0 0
    901 South Bond St Suite 40
    Baltimore,MD21231
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    Brown Advisory Admin/Investments 330,821
    901 South Bond St Suite 400
    Baltimore,MD21231
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    135,175,255
    b
    Average of monthly cash balances.......................
    1b
    3,941,091
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    139,116,346
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    139,116,346
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    2,086,745
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    137,029,601
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    6,851,480
    Part X
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part IX, line 6..................
    1
    6,851,480
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    169,180
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    169,180
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    6,682,300
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    6,682,300
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    6,682,300
    Part XI
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 6,682,300
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 2,794,573
    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 ........ 0
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 6,363,838
    a Applied to 2020, but not more than line 2a 2,794,573
    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..... 3,569,265
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		3,113,035
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or 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)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    Art with a Heart Inc
    3000 Falls Road Mill No 1
    Baltimore,MD21211     		N/A PC General support 120,000
    Baltimore Symphony Orchestra Inc
    1212 Cathedral St
    Baltimore,MD21201     		N/A PC General support 100,000
    Biotechnical Institutes of Maryland
    2001 Aliceanna St
    Baltimore,MD21231     		N/A PC General support 175,000
    Boys Latin School of Maryland Inc
    822 W Lake Ave
    Baltimore,MD21210     		N/A PC General support 313,750
    Bucknell University
    82 University Ave
    Lewisburg,PA17837     		N/A PC General support 270,000
    Cal Ripken Sr Foundation Inc
    1427 Clarkview Road Suite 100
    Baltimore,MD21209     		N/A PC General support 25,000
    Chesapeake Bay Foundation Inc
    6 Herndon Ave
    Annapolis,MD21403     		N/A PC General support 100,000
    Cool Kids Campaign Foundation Inc
    8422 Bellona Ln Ste 102
    Towson,MD21204     		N/A PC General support 100,000
    Cristo Rey Jesuit High School
    420 South Chester St
    Baltimore,MD21211     		N/A PC General support 200,000
    Friends of the Sea Lion Inc
    20612 Laguna Canyon Rd
    Laguna Beach,CA92651     		N/A PC General support 50,000
    Gilchrist Hospice Care Inc
    11311 McCormick Rd Ste 350
    Hunt Valley,MD21031     		N/A PC General support 50,000
    Girls Charter School
    5204 Roland Ave
    Baltimore,MD21210     		N/A PC General support 112,707
    Greater Baltimore Medical Center
    6701 N Charles St
    Towson,MD21234     		N/A PC General support 200,000
    Irvine Natural Science Center Inc
    11201 Garrison Forest Rd
    Owings Mills,MD21117     		N/A PC General support 250,000
    Johns Hopkins University
    3910 Keswick Rd No N4327B
    Baltimore,MD21211     		N/A PC General support 905,293
    Kennedy Krieger Foundation Inc
    707 N Broadway
    Baltimore,MD21205     		N/A PC General support 124,637
    Living Classrooms
    802 S Caroline St
    Baltimore,MD21231     		N/A PC General support 450,000
    Longboat Key Garden Club Inc
    540 Putter Ln
    Longboat Key,FL34228     		N/A PC General support 10,000
    Marie Selby Botanical Gardens Inc
    811 S Palm Ave
    Sarasota,FL34236     		N/A PC General support 100,000
    Maryland Food Bank Inc
    2200 Halethorpe Farms Rd
    Baltimore,MD21227     		N/A PC General support 100,000
    Mote Marine Laboratory
    1600 Ken Thompson Pkwy
    Sarasota,FL34236     		N/A PC General support 40,000
    National Aquarium in Baltimore Inc
    Pier 3 - 501 East Pratt St
    Baltimore,MD21202     		N/A PC General support 150,000
    New HOUR for Women and Children LI
    PO Box 213
    Brentwood,NY11717     		N/A PC General support 7,000
    Next One Up Foundation
    502 Washington Ave Ste 425
    Towson,MD21204     		N/A PC General support 100,000
    NorthShore Holiday House
    74 Huntington Rd
    Huntington,NY11743     		N/A PC General support 110,000
    Pauls Place Inc
    1118 Ward St
    Baltimore,MD21230     		N/A PC General support 100,000
    Rett Syndrome Research Trust Inc
    67 Under Cliff Rd
    Trumbull,CT06611     		N/A PC General support 50,000
    Roland Park Country School Inc
    5204 Roland Ave
    Baltimore,MD21230     		N/A PC General support 780,000
    Second Chance Last Opportunity Inc
    PO Box 1027
    Sarasota,FL34230     		N/A PC General support 20,000
    The Family Tree Inc
    2108 N Charles St
    Baltimore,MD21218     		N/A PC General support 20,000
    United Community Centers Inc
    1200 E Maddox Ave
    Fort Worth,TX76104     		N/A PC General support 30,000
    Washington & Lee University
    204 West Washington St
    Lexington,VA24450     		N/A PC General support 330,000
    Washington College
    300 Washington Avenue
    Chestertown,MD21620     		N/A PC General support 125,000
    American Bird Conservancy
    PO Box 249
    The Plains,VA20198     		N/A PC General support 30,000
    Maryland Ornithological Society
    4915 Greenspring Ave
    Baltimore,MD21209     		N/A PC General support 25,217
    Cystic Fibrosis Foundation
    4550 Montgomery Ave Ste 1100N
    Bethesda,MD20814     		N/A PC General support 150,000
    Caroline Center Inc
    PO Box 460
    Ridgely,MD21660     		N/A PC General support 100,000
    National Council on Alcoholism and Drug Dependence
    28 E Ostend St Ste 303
    Baltimore,MD21230     		N/A PC General support 50,000
    Loyola Blakefield Aquatics
    203 Duncannon Rd
    Bel Air,MD21014     		N/A PC General support 50,000
    Total .................................bullet 3a 6,023,604
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    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 ............     		525990 12,437 18 10,714,518  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aPassthrough K-1 income     		525990 20,039 14 1,630,030  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 32,476 12,984,282 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    13,016,758
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 AccountingFeesSchedule
    Name:
    The Charles T Bauer Charitable
     
    Foundation
    EIN:
    47-6309118
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Accounting and tax compliance 10,000 4,500   5,000

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2021 GainLossSaleOtherAssetsSch
    Name:
    The Charles T Bauer Charitable
     
    Foundation
    EIN:
    47-6309118
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    From Sch. K-1 (Form 1065)   Purchased     12,437   Cost 0 12,437  

    TY 2021 GeneralExplanationAttachment
    Name:
    The Charles T Bauer Charitable
     
    Foundation
    EIN:
    47-6309118
    Identifier Return Reference Explanation
    Controlled Entity 2021 Form 990-PF, Part VI-A, Line 11 The Charles T. Bauer Foundation held a controlling interest in the above-mentioned entity per IRC Sec. 512(b)(13). As of 12/31/2021, the Foundation's ownership interest in this entity was 55.5%. This entity is an investment fund and not a business enterprise per IRC Sec. 4943(d)(3)(B).

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    The Charles T Bauer Charitable
     
    Foundation
    EIN:
    47-6309118
    Name of Bond End of Year Book Value End of Year Fair Market Value
    Alexandria Real 3.375% 8/15/31 292,665 290,666
    American Tower 3.600% 1/15/28 294,212 290,871
    Americredit Auto 0.420% 3/18/24 65,561 65,569
    Analog Devices 1.700% 10/01/28 293,296 294,086
    Brown Advisory Mort Sec Ins 9,568,942 9,891,329
    Brunswick Corp 2.429% 8/18/31 299,436 287,655
    Citigroup Inc 3.200% 10/21/26 293,419 286,116
    Comcast Corp 3.400% 4/01/30 141,331 148,426
    Cons Edison 3.350% 4/01/30 138,101 145,180
    Crown Castle 3.300% 7/01/30 281,179 295,347
    Dollar General Corp 3.875% 4/15/27 145,539 142,563
    Dollar Tree Inc 4.200% 5/15/28 279,579 289,773
    Drive Auto 0.830% 5/15/24 12,001 12,004
    Drive Auto 2.360% 3/16/26 250,080 251,990
    Exelon Corp 4.050% 4/15/30 133,028 144,438
    Fortis Inc 3.055% 10/04/26 145,161 140,530
    Gm Fin Cons Auto 1.230% 8/16/27 199,992 196,478
    Hasbro Inc 3.500% 9/15/27 193,324 224,238
    Jb Hunt Transprt 3.875% 3/01/26 132,442 141,316
    John Deere Owner 3.000% 1/15/26 247,174 248,366
    Keysight 4.600% 4/06/27 283,638 287,005
    Micron Technology 2.703% 4/15/32 294,996 295,333
    Morgan Stanley Mtn 3.750% 2/25/23 141,421 144,801
    Nextera Energy Cap 1.900% 6/15/28 294,782 291,891
    Northrop Grumman 4.400% 5/01/30 137,998 144,224
    Perkinelmer Inc 1.900% 9/15/28 294,895 288,000
    Physicians Rlty 2.625% 11/01/31 294,807 294,711
    Sysco Corp Sr Nt 5.950% 4/01/30 255,851 287,086
    Verizon 2.100% 3/22/28 295,263 295,564
    Verizon 0.44834% 9/20/23 29,400 29,413
    Verizon 0.57234% 12/20/23 223,017 223,253
    Wells Fargo 3.000% 10/23/26 292,091 288,912
    Xylem Inc 1.950% 1/30/28 161,192 160,160

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    The Charles T Bauer Charitable
     
    Foundation
    EIN:
    47-6309118
    Name of Stock End of Year Book Value End of Year Fair Market Value
    344 shs Abbvie Inc 22,497 46,578
    1,720 shs Abcam Plc Adr 31,805 40,506
    330 shs Accenture Plc Ireland Shs Class A 17,572 136,801
    1,529 shs Accolade Inc 42,161 40,304
    699 shs Adobe Inc 96,897 396,375
    339 shs Agilent Technologies Inc 24,852 54,121
    2,520 shs Agilon Health Inc Com 60,151 68,040
    1,365 shs Albany Intl Corp Cl A 58,867 120,734
    423 shs Alibaba Group Holding Ltd Adr 46,396 50,248
    1,905 shs Alignment Healthcare Inc 31,456 26,784
    195 shs Alphabet Inc Cl A 43,352 564,923
    132 shs Alphabet Inc Cl C 32,040 381,954
    178 shs Amazon Com Inc 129,173 593,513
    1,319 shs American Tower Corp 137,250 385,808
    145 shs American Tower Corp 16,188 42,412
    718 shs Ameriprise Finl Inc 62,039 216,592
    418 shs Analog Devices Inc 37,851 73,472
    1,274 shs Analog Devices Inc 142,106 223,931
    114 shs Analog Devices Inc 10,269 20,038
    6,575 shs Angi Inc 81,167 60,556
    247 shs Anthem Inc 16,213 114,494
    1,885 shs Apple Inc 26,798 334,719
    304 shs Ascendis Pharma A S Adr 46,672 40,897
    526 shs Assurant Inc 18,366 81,982
    1,334 shs Autodesk Inc 199,556 375,108
    258 shs Automatic Data Processing 12,130 63,618
    2,190 shs Azek Co Inc Cl A 87,974 101,266
    1,976 shs Bancorp Inc The 33,118 50,012
    4,271 shs Bank Of America Corp 57,688 190,017
    250 shs Becton Dickinson Ser B 6.0% 12,728 13,187
    2,367 shs Bed Bath & Beyond Inc 57,964 34,511
    598 shs Berkshire Hathaway Inc Cl B 32,844 178,802
    357 shs Best Buy Co Inc 15,608 36,271
    269 shs Bio Rad Labs Inc Cl A 97,295 203,248
    576 shs Biohaven Pharmaceutical Hold 18,203 79,378
    635 shs Blackline Inc 24,455 65,748
    1,068 shs Blackstone Group Inc Class A 44,483 138,189
    1,050 shs Block Inc 184,375 169,585
    602 shs Blueprint Medicines Corp 42,389 64,480
    54 shs Booking Holdings Inc 54,145 129,558
    1,344 shs Bright Horizons Family Solut 101,035 169,183
    138,477 shs Brown Adv Global Ldrs 1,457,884 3,258,356
    39,841 shs Brown Advisory Emg Mkts 500,000 471,315
    925 shs Brown Forman Corp Class B 43,782 67,395
    832 shs Bruker Corporation 29,752 69,813
    1,286 shs Cactus Inc A 42,970 49,035
    1,609 shs Cadence Design Sys Inc 177,033 299,837
    416 shs Canadian Natl Railway Co 6,829 51,110
    1,027 shs Carmax Inc 7,836 133,746
    1,785 shs Carrier Global Corp Com 28,053 96,818
    523 shs Caseys Gen Stores Inc 57,276 103,214
    901 shs Catalent Inc 23,410 115,355
    7,544 shs Championx Corp Com 123,652 152,464
    441 shs Charles River Laboratories 18,371 166,160
    1,250 shs Chewy Inc Class A 100,839 73,712
    441 shs Choice Hotels Intl Inc 32,948 68,792
    207 shs Chubb Limited Com 31,840 40,015
    373 shs Churchill Downs Inc 74,427 89,856
    293 shs Cintas Corp 53,674 129,849
    1,052 shs Cisco Systems Inc 28,890 66,665
    784 shs Cit Group Inc 32,276 40,251
    869 shs Civeo Corp Cda 18,260 16,659
    2,154 shs Clarus Corporation 20,106 59,709
    1,403 shs Cmc Matls Inc 177,591 268,941
    1,108 shs Cogent Comm Hldg 68,260 81,083
    34 shs Coinbase Global Inc 782 8,581
    689 shs Comcast Corp Class A 24,958 34,677
    1,572 shs Comfort Sys Usa Inc 68,964 155,534
    193 shs Costco Whsl Corp 12,145 109,566
    1,176 shs Couchbase Inc Com 32,941 29,353
    347 shs Coupa Software Inc 79,055 54,843
    1,038 shs CRA International Inc 50,959 96,908
    242 shs Crown Castle Intl Corp 8,842 50,515
    366 shs CTO Rtly Growth 21,438 22,480
    2,970 shs CTS Corp 81,959 109,058
    1,605 shs Culp Inc 22,612 15,264
    133 shs Cummins Inc 32,150 29,013
    879 shs Curtiss Wright Corp 79,499 121,891
    386 shs Cvs Health Corp 34,806 39,820
    1,222 shs Danaher Corp 53,753 402,050
    5,964 shs Dennys Corp 66,416 95,424
    237 shs Dexcom Inc 11,477 127,257
    4,932 shs Digitalbridge Cl A Com 33,470 41,083
    435 shs Dominion Energy Inc 31,438 34,174
    438 shs Dow Inc 21,104 24,843
    1,177 shs Dynatrace Inc 21,319 71,032
    3,954 shs Dynatrace Inc 157,743 238,624
    1,452 shs Eagle Materials Inc 125,036 241,700
    8,028 shs Eastern Bankshares Inc 130,817 161,925
    1,203 shs Eastgroup Properties Inc 122,335 274,104
    4,181 shs Echostar Corp A 97,479 110,169
    872 shs Ecolab Inc 72,411 204,562
    4,352 shs Edwards Lifesciences 127,991 563,801
    854 shs Encompass Health Corp 54,038 55,732
    640 shs Enphase Energy Inc 118,358 117,082
    742 shs Entegris Inc 30,864 102,826
    685 shs Envestnet Inc 53,656 54,348
    84 shs Erie Indemnity Co 5,337 16,183
    4,718 shs Essential Properties Realty 60,502 136,020
    1,155 shs Establishment Labs 16,217 78,066
    829 shs Etsy Inc 37,820 181,501
    4,426 shs Evo Payments Inc Cl A 87,841 113,306
    201 shs Fate Therapeutics Inc 12,465 11,760
    2,616 shs Federal Signal Corp 44,516 113,377
    1,357 shs First Bancorp Nc 65,560 62,042
    50 shs First Ctzns Bancshares Cl A 37,139 41,492
    802 shs First Watch Restaurant 14,436 13,441
    3,312 shs Fortive Corp Wi 124,677 252,672
    581 shs Fti Consulting Inc 62,858 89,137
    1,152 shs Fuller H B Co 76,580 93,312
    3,710 shs Genpact Limited 64,300 196,927
    2,673 shs Getty Rlty Corp New 69,009 85,777
    283 shs Gilead Sciences Inc 18,941 20,549
    3,180 shs Global Medical Reit Inc 51,620 56,445
    821 shs Hanover Ins Group Inc 81,469 107,600
    1,168 shs Healthequity Inc 59,848 51,672
    307 shs Helen Of Troy Corp Ltd 34,135 75,052
    695 shs Home Depot Inc 122,576 288,432
    2,548 shs Iaa Spinco Inc 100,227 128,980
    508 shs Idex Corp 79,996 120,051
    517 shs Idexx Labs Inc 61,210 340,424
    366 shs Inari Med Inc 15,118 33,405
    6,403 shs Infinera Corp 63,753 61,405
    1,945 shs Ingevity Corp 157,281 139,457
    1,060 shs Intuit Inc 95,497 681,813
    482 shs Intuitive Surgical Inc 25,199 173,183
    1,173 shs J P Morgan Chase Co 56,781 185,744
    1,191 shs Joann Inc Com 16,362 12,363
    324 shs John Bean Tech Corp 29,562 49,753
    197 shs Johnson Johnson 12,542 33,701
    589 shs Kadant Inc 14,693 135,753
    1,824 shs Kinder Morgan Inc 34,616 28,929
    1,606 shs Kkr Co Inc A 40,621 119,647
    146 shs Kkr Co Inc Ser C 6.0% 7,598 13,600
    753 shs Knight Swift Transportation 10,643 45,888
    486 shs L3Harris Technologies Inc 93,230 103,635
    4,315 shs La Z Boy Inc 146,039 156,678
    12,996 shs Ladder Capital Cl A 136,965 155,822
    627 shs Lattice Semiconductor 9,524 48,317
    367 shs Lauder Estee Cos Cl A 24,350 135,863
    3,791 shs Leslies Inc 93,030 89,695
    145 shs Linde Plc Shs 24,108 50,232
    236 shs Littelfuse Inc 43,722 74,264
    758 shs Lowes Co Inc 21,514 195,928
    1,504 shs Loyalty Ventures Inc 50,415 45,225
    204 shs Lululemon Athletica Inc 44,050 79,856
    9,047 shs MGIC Invt Corp 107,446 130,458
    2,156 shs Makemytrip Ltd 51,104 59,743
    819 shs Mantech Intl Corp A 60,314 59,730
    3,461 shs Marvell Technology Inc 60,723 302,803
    965 shs Mastercard Inc 120,679 346,744
    766 shs Match Group Inc New 89,782 101,304
    176 shs Mcdonalds Corp 15,829 47,180
    1,365 shs Mcgrath Rentcorp 37,376 109,555
    291 shs Medtronic Plc Shs 23,133 30,104
    1,321 shs Merck Co Inc 54,211 101,241
    471 shs Meta Platforms Inc 56,449 158,421
    3,376 shs Microsoft Corp 186,699 1,135,416
    669 shs Mimecast Ltd 6,676 53,232
    968 shs Monarch Casino Resort Inc 66,866 71,584
    524 shs Monolithic Power Systems Inc 49,909 258,505
    344 shs Msa Safety Inc 35,656 51,930
    412 shs Msci Inc 169,777 252,428
    6,875 shs Mueller Wtr Prods Inc 79,172 99,000
    821 shs Murphy Usa Inc W I 59,691 163,576
    201 shs Natera Inc 17,892 18,771
    1,163 shs National Vision Hldgs Inc 32,046 55,812
    1,775 shs Natural Gas Svcs Group 27,226 18,584
    2,587 shs Neogenomics Inc 37,659 88,268
    680 shs Neurocrine Biosciences Inc 36,975 57,916
    382 shs Nevro Corp 44,463 30,969
    1,581 shs Nexstar Broadcasting Gp A 90,287 238,699
    1,450 shs Nike Inc 151,334 241,671
    3,230 shs Nomad Foods Ltd 45,819 82,010
    393 shs Novartis Ag Adr 19,038 34,376
    1,181 shs Nvidia Corp 168,468 347,344
    676 shs Nxp Semiconductors NV Com 77,322 153,979
    674 shs Oak Str Health Inc 15,025 22,336
    1,620 shs Onto Innovation Inc 56,218 163,993
    742 shs Orthopediatrics Corp 25,835 44,416
    768 shs Otis Worldwide Corp 34,028 66,870
    3,725 shs Owens & Minor Inc 149,927 171,956
    3,824 shs Pacific Premier Bancorp Inc 82,718 153,075
    1,045 shs Paypal Holdings Inc 41,424 197,066
    470 shs Pc Connection Inc 18,548 20,271
    1,681 shs Peapack Gladstone Finl Corp 44,568 59,507
    942 shs Phreesia Inc 18,062 39,244
    2,969 shs Pinterest Inc Class A 181,987 107,923
    2,648 shs Portland General Electric Co 111,113 140,132
    3,515 shs Premier Financial Corp 106,703 108,649
    720 shs Primerica Inc 32,202 110,354
    318 shs Procter & Gamble Co 44,301 52,018
    378 shs Progyny Inc 9,409 19,032
    1,426 shs Pros Holdings Inc 58,951 49,183
    1,791 shs Prosperity Bancshares Inc 102,717 129,489
    367 shs Quaker Chem Corp 62,890 84,696
    730 shs Rex American Resources Corp 57,188 70,080
    799 shs Reynolds Consumer Prods I 25,063 25,089
    347 shs Roblox Corp Cl A 2,741 35,797
    199 shs Roper Technologies Inc Com 34,879 97,880
    1,721 shs S P X Corp 61,460 102,709
    561 shs Sba Communications Corp 65,429 218,241
    702 shs Servicenow Inc 274,514 455,675
    373 shs Sherwin Williams Co 50,408 131,356
    92 shs Shopify Inc A 88,749 126,720
    2,255 shs Si Bone Inc 59,538 50,084
    1,500 shs Simply Good Foods Co 34,035 62,355
    972 shs Simpson Mfg Co Inc 40,632 135,176
    327 shs Siteone Landscape Supply 10,025 79,226
    4,866 shs Sprouts Farmers Markets 100,158 144,423
    1,729 shs Starbucks Corp 127,526 202,241
    887 shs Stericycle Inc 41,200 52,901
    1,941 shs Sumo Logic Inc 35,110 26,320
    3,208 shs Suncor Energy Inc 85,213 80,296
    419 shs T Mobile Us Inc 53,011 48,596
    170 shs T Rowe Price Group Inc 17,038 33,429
    949 shs Taiwan Semiconductor Adr 52,892 114,174
    240 shs Target Corp 26,028 55,546
    1,803 shs Terminix Global Hldgs Inc 86,861 81,550
    788 shs Thermo Fisher Scientific Inc 99,110 525,785
    889 shs Tjx Companies Inc 28,295 67,493
    299 shs Topbuild Corp 17,809 82,497
    2,415 shs Treehouse Foods Inc 95,627 97,880
    546 shs Tristate Capital Hldgs Inc 5,589 16,522
    1,101 shs Umb Finl Corp 62,395 116,827
    409 shs Unilever Plc Sponsored Adr 12,606 22,000
    215 shs United Parcel Svc Inc Cl B 38,414 46,083
    240 shs United Rentals Inc Com 11,018 79,750
    1,273 shs Unitedhealth Group 216,379 639,224
    161 shs Valmont Inds Inc 36,490 40,331
    974 shs Vectrus Inc 40,999 44,580
    420 shs Veeva Systems Inc Class A 119,876 107,302
    1,501 shs Verisk Analytics Inc Com 80,840 343,324
    4,457 shs Veritex Holdings Inc 106,062 177,299
    456 shs Virtus Investment Partners 33,594 135,478
    2,662 shs Visa Inc Com Cl A 143,054 576,882
    4,601 shs Vista Outdoor Inc Wi 105,403 211,968
    413 shs Walt Disney Co The 7,744 63,970
    1,191 shs Waste Connections Inc 52,126 162,298
    698 shs West Pharmaceutical Svcs 68,285 327,369
    291 shs Wex Inc 31,825 40,853
    5,964 shs Wideopenwest Inc 128,552 128,345
    384 shs Woodward Inc 23,504 42,033
    1,174 shs Workiva Inc 40,786 153,195
    357 shs Wp Carey Inc 20,668 29,292
    2,475 shs Wsfs Finl Corp 132,366 124,047
    582 shs Zoetis Inc Cl A 30,967 142,025
    3,710 shs Zuora Inc Class A 52,648 69,303
    1,527 shs Zurn Water 54,195 55,583
    18,297 shs Zynga Inc 94,260 117,101

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    The Charles T Bauer Charitable
     
    Foundation
    EIN:
    47-6309118
    US Government Securities - End of Year Book Value:

    17,785,464
    US Government Securities - End of Year Fair Market Value:

    17,904,117
    State & Local Government Securities - End of Year Book Value:


    390,565
    State & Local Government Securities - End of Year Fair Market Value:


    405,226


    TY 2021 InvestmentsOtherSchedule2
    Name:
    The Charles T Bauer Charitable
     
    Foundation
    EIN:
    47-6309118
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    Brown Advisory Private Eq Ptrs III AT COST 1,712,915 206,069
    Brown Advisory Private Eq Ptrs IV AT COST 465,165 235,169
    Brown Advisory Private Eq Ptrs IX AT COST 190,872 2,867,320
    Brown Advisory Private Eq Ptrs VI AT COST 334,464 947,202
    Brown Advisory Private Eq Ptrs VII AT COST 321,641 553,919
    Brown Advisory Private Eq Ptrs VIII AT COST 163,018 492,965
    Brown Advisory Real Estate Ptrs I AT COST 384,449 401,822
    Brown Advisory Real Estate Ptrs II AT COST 186,039 1
    Brown Advisory Real Estate Ptrs III AT COST 0 244,061
    Carlyle Equity Opportunity Fund AT COST 53,189 131,547
    Charlesbank Equity Fund VII AT COST 67,745 87,663
    Cougar Investment Fund AT COST 272,148 303,777
    CRC Fund IV AT COST 648,145 1,411,192
    DFJ Mercury II, LP AT COST 144,768 359,428
    Edgbaston Asian Equity Trust AT COST 2,762,891 2,476,554
    Encap Energy Capital Fund IX AT COST 1,184,052 694,764
    Encap Energy Capital Fund VIII AT COST 559,019 173,031
    Encap Energy Capital Fund X-C AT COST 788,832 783,786
    Encap Energy Capital Fund XI AT COST 566,896 800,935
    Encap Energy Infrastructure AT COST 513,868 180,998
    Encap Flatrock Midstream Fund II AT COST 358,176 183,388
    Encap Flatrock Midstream Fund IV AT COST 36,677 223,202
    Encap Flatrock Midstream III AT COST 916,166 693,633
    Global Sel Hegd Mgrs - Class 1 AT COST 3,333,333 5,832,348
    Glynn Emerging Opportunity II AT COST 5,296,536 7,710,282
    New Enterprise Associates 13 AT COST 266,698 277,466
    New Enterprise Associates 14 AT COST 185,912 778,368
    Revolution Growth II AT COST 122,771 119,897
    Riverstone Global E&P Fund AT COST 217,030 138,771
    Silchester International Investors AT COST 20,960,466 20,982,771
    Silver Lake Kraftwerk AT COST 94,257 110,052
    ValueAct 3-Year Lock Up Jan 20 Ser AT COST 4,000,000 7,091,831
    Viking Long Fund - Class 1 AT COST 3,000,000 9,212,086

    TY 2021 OtherExpensesSchedule
    Name:
    The Charles T Bauer Charitable
     
    Foundation
    EIN:
    47-6309118
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Passthrough K-1 expenses 767,154 593,550   0
    Custody fees 74 74   0
    Insurance 3,882 0   3,882


    TY 2021 OtherIncomeSchedule2
    Name:
    The Charles T Bauer Charitable
     
    Foundation
    EIN:
    47-6309118
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Passthrough K-1 income 1,650,069 1,630,003 1,650,069


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    The Charles T Bauer Charitable
     
    Foundation
    EIN:
    47-6309118
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Grants management & administration 181,952 0   181,952
    Investment advisor 196,183 196,183   0


    TY 2021 TaxesSchedule
    Name:
    The Charles T Bauer Charitable
     
    Foundation
    EIN:
    47-6309118
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Excise tax 157,000 0   0
    Foreign tax 2,140 2,140   0