Form990-PF


Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
The Lightner Sams Foundation Inc
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

75-2555622
B Telephone number (see instructions)

(800) 839-1754
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$12,897,241J 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) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments 486 486  
4 Dividends and interest from securities... 353,442 353,442  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,738,629
b Gross sales price for all assets on line 6a 14,068,242
7 Capital gain net income (from Part IV, line 2)... 2,738,629
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 308 308  
12 Total. Add lines 1 through 11........ 3,092,865 3,092,865  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 77,200     77,200
14 Other employee salaries and wages...... 9,600     9,600
15 Pension plans, employee benefits....... 6,752     6,752
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 96,495 96,495    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 13,025 225    
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 67,433 179   46,023
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 270,505 96,899   139,575
25 Contributions, gifts, grants paid....... 439,520 439,520
26 Total expenses and disbursements. Add lines 24 and 25 710,025 96,899   579,095
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,382,840
b Net investment income (if negative, enter -0-) 2,995,966
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......... 172,699 3,174,919 3,174,919
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)      
b Investments—corporate stock (attach schedule)....... 9,349,044 Click to see attachment7,756,851 8,494,487
c Investments—corporate bonds (attach schedule).......   Click to see attachment1,003,268 990,851
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 24,748    
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment248,157 Click to see attachment242,451 Click to see attachment236,984
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 9,794,648 12,177,489 12,897,241
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 9,794,649 12,177,489
29 Total net assets or fund balances (see instructions)..... 9,794,649 12,177,489
30 Total liabilities and net assets/fund balances (see instructions). 9,794,649 12,177,489
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
9,794,649
2
Enter amount from Part I, line 27a .....................
2
2,382,840
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
12,177,489
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
12,177,489
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
c
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 14,068,242   11,329,613 2,738,629
b
c
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       2,738,629
b
c
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 2,738,629
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  
3 Add lines 1 and 2........................... 3 41,644
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 41,644
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 12,923
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 29,700
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 42,623
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  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 979
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet979 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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletTX
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletFoundation Source Telephone no.bullet (800) 839-1754

    Located atbullet501 Silverside Road Suite 123WilmingtonDE ZIP+4bullet198091377
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
    Yes
     
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    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
     
     
    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
    Charles Derek Adleta Dir, Trustee, Sec, Treas
    6.0     		19,200 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Kristin Lightner Dir, Trustee
    4.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Larry F Lightner Pres, Trustee, Paid Employee
    6.0     		42,000 6,128 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Robin H Lightner Trustee
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Sue B Lightner Dir, Trustee, VP, Paid Employe
    6.0     		16,000 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Kamala A Lightner-Scammahorn Dir, Trustee
    4.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    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
     
    Total number of other employees paid over $50,000...................bullet  
    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
    Gardner & Wallace Invest MGMT SRVS 96,674
    14135 midway rd suite G110
    ADDISON,TX75001
    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)
    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
    11,708,184
    b
    Average of monthly cash balances.......................
    1b
    463,147
    c
    Fair market value of all other assets (see instructions)................
    1c
    236,984
    d
    Total (add lines 1a, b, and c).........................
    1d
    12,408,315
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    12,408,315
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    186,125
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    12,222,190
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    611,110
    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
    611,110
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    41,644
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    41,644
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    569,466
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    569,466
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    569,466
    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 7 569,466
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 552,682
    b Total for prior years:2019, 2018, 2017  
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........  
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 579,095
    a Applied to 2020, but not more than line 2a 552,682
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2021 distributable amount..... 26,413
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021.    
    (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 ..........     		 
    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......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		543,053
    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) .......     		 
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		 
    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.... 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    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
    AIDS INTERFAITH NETWORK INC
    2600 N STEMMONS FWY STE 151
    DALLAS,TX75207     		N/A PC General & Unrestricted 15,000
    AMERICAN NATIONAL RED CROSS - DALLAS FORTH WORTH M
    2055 KENDALL DR
    DALLAS,TX75235     		N/A PC North Texas Region - Disaster Relief fund 10,000
    ASSOCIATION OF SMALL FOUNDATIONS DBA EXPONENT PHIL
    1720 N ST NW
    WASHINGTON,DC20036     		N/A PC General & Unrestricted 750
    BRAIN INJURY NETWORK OF DALLAS
    1416 GABLES CT
    PLANO,TX75075     		N/A PC General & Unrestricted 10,000
    CAMILLE PLAYERS INC
    1 DEAN PORTER PARK
    BROWNSVILLE,TX78520     		N/A PC General & Unrestricted 15,000
    CHILDRENS MEDICAL CENTER FOUNDATION
    2777 N STEMMONS FWY STE 1700
    DALLAS,TX75207     		N/A PC Technology purchases for the Children's Pediatric 8,000
    DALLAS ARBORETUM & BOTANICAL
    8617 GARLAND RD
    DALLAS,TX75218     		N/A PC General & Unrestricted 10,000
    DALLAS CASA
    2757 SWISS AVE
    DALLAS,TX75204     		N/A PC General & Unrestricted 20,000
    ENVISION DALLAS LIGHTHOUSE FOUNDATION
    610 N MAIN 4TH FL
    WICHITA,KS67203     		N/A PC Serving Our Seniors program in Texas 5,000
    ENVISION DALLAS LIGHTHOUSE FOUNDATION
    610 N MAIN 4TH FL
    WICHITA,KS67203     		N/A PC Assistive Technology Training Program in Texas 5,000
    HEALTH SERVICES OF NORTH TEXAS INC
    4401 N INTERSTATE 35 UNIT 312
    DENTON,TX76207     		N/A PC purchase medical and information technology equipm 8,770
    INTERNATIONAL SCHOOL OF DENVER INC
    206 RED CROSS WAY
    DENVER,CO80230     		N/A PC RISE: Building for a World-Class Experience Capita 25,000
    JUDIS HOUSE
    10125 E 25TH AVE
    AURORA,CO80010     		N/A PC General & Unrestricted 25,000
    LEGACY COUNSELING CENTER INC
    4054 MCKINNEY AVE STE 200
    DALLAS,TX75204     		N/A PC Technology Initiative 10,000
    LEGACY COUNSELING CENTER INC
    4054 MCKINNEY AVE STE 200
    DALLAS,TX75204     		N/A PC MIP Direct Deposit Module and related expenses 2,500
    MENTAL HEALTH AMERICA OF GREATER DALLAS
    624 N GOOD LATIMER EXPY STE 200
    DALLAS,TX75204     		N/A PC General & Unrestricted 20,000
    METRO CRISIS SERVICES INC
    1355 S COLORADO BLVD STE C900
    DENVER,CO80222     		N/A PC General & Unrestricted 30,000
    MORGAN ADAMS FOUNDATION
    5303 E EVANS AVE STE 202
    DENVER,CO80222     		N/A PC Polymer-based 3D mimic study and the parallel poly 15,000
    NEW HOPE EQUINE ASSISTED THERAPY
    6151 FM 1830
    ARGYLE,TX76226     		N/A PC General & Unrestricted 20,000
    PATRIOT PAWS SERVICE DOGS
    254 RANCH TRL
    ROCKWALL,TX75032     		N/A PC General & Unrestricted 15,000
    RESOURCE CENTER OF DALLAS INC
    5750 CEDAR SPRINGS RD
    DALLAS,TX75235     		N/A PC Youth and Family Services 15,000
    SECOND WIND FUND INC
    303 E 17TH AVE STE 405
    DENVER,CO80203     		N/A PC General & Unrestricted 15,000
    SKY RANCHES INC
    24657 COUNTY RD 448
    VAN,TX75790     		N/A PC Bridge the Gap 10,000
    SKY RANCHES INC
    24657 COUNTY RD 448
    VAN,TX75790     		N/A PC Scholarship Gift Program 10,000
    SMITH COUNTY CHAMPIONS FOR CHILDREN INC
    4883 HIGHTECH DR
    TYLER,TX75703     		N/A PC General & Unrestricted 5,000
    SOLAR CAR CHALLENGE FOUNDATION
    3505 CASSIDY DR
    PLANO,TX75023     		N/A PC General & Unrestricted 12,000
    SOLAR CAR CHALLENGE FOUNDATION
    3505 CASSIDY DR
    PLANO,TX75023     		N/A PC Summer Intern Program 20,000
    TEXAS SCOTTISH RITE HOSPITAL FOR CHILDREN
    2222 WELBORN ST
    DALLAS,TX75219     		N/A PC Day Surgery Renovation Project 10,000
    THE CENTER FOR INTEGRATIVE COUNSELING AND PSYCHOLO
    4305 MACARTHUR AVE
    DALLAS,TX75209     		N/A PC PACT program 10,000
    THE MENTORING ALLIANCE
    1909 S BROADWAY AVE
    TYLER,TX75701     		N/A PC Rose City Summer Camps 10,000
    WELL COMMUNITY
    125 SUNSET AVE
    DALLAS,TX75208     		N/A PC General & Unrestricted 7,500
    WOMENS SYMPHONY LEAGUE INC
    PO BOX 6823
    TYLER,TX75711     		N/A PC Children's Programming and Music Education 25,000
    YMCA OF THE ROCKIES
    2515 TUNNEL RD
    ESTES PARK,CO80511     		N/A PC Capital Campaign 10,000
    YMCA OF THE ROCKIES
    2515 TUNNEL RD
    ESTES PARK,CO80511     		N/A PC Scholarships Program 10,000
    Total .................................bullet 3a 439,520
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 486  
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 2,738,629  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aK-1 Inc/Loss     		    14 308  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) ..   3,092,865  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    3,092,865
    (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

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

    TY 2021 DepreciationSchedule
    Name:
    The Lightner Sams Foundation Inc
    EIN:
    75-2555622
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    The Lightner Sams Foundation Inc
    EIN:
    75-2555622
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AMAZON COM INC - 3.150% - 08/2 77,504 76,757
    AT&T INC - 4.100% - 02/15/2028 77,807 76,621
    ATHENE HLDG LTD SR NOTE - 3.50 78,244 77,139
    BANK AMERICA CORP - 3.864% - 0 77,323 76,063
    BOEING CO NOTE CALL MAKE WHOLE 77,677 77,044
    CENTENE CORP DEL SER B - 4.250 81,333 81,315
    HCA INC NOTE CALL MAKE WHOLE - 77,436 77,093
    JP MORGAN CHASE BANK - 4.203% 78,571 77,247
    JPMORGAN CHASE & CO FR - 3.875 77,345 76,388
    KRAFT HEINZ FOODS COSER B NOTE 59,203 58,163
    LOWE'S COMPANIES INC - 3.875% 77,028 76,096
    MORGAN STANLEY - 4.350% - 09/0 83,727 82,851
    TECK RES LTD - 3.900% - 07/15/ 80,070 78,074

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    The Lightner Sams Foundation Inc
    EIN:
    75-2555622
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABS 49,025 51,652
    ABBVIE INC 38,982 43,599
    ACUITY BRANDS INC 38,909 41,074
    AFLAC INC 30,144 30,888
    AJINOMOTO INC UNSPONS ADR 48,555 48,892
    ALLY FINANCIAL INC 30,636 36,469
    ALPHABET INC CL A 36,381 92,705
    AMAZON COM 23,236 30,009
    AMERICAN EXPRESS CO 96,885 93,743
    AMERIPRISE FINANCIAL INC 46,584 46,757
    AMN HEALTHCARE SERVICES INC 37,870 41,103
    APPLE INC 43,756 131,402
    APPLIED MATERIALS INC 34,059 43,589
    ARCH CAPITAL GROUP LTD 52,966 54,273
    ASE TECHNOLOGY HOLDINGS CO LTD 44,429 44,658
    ASTRAZENECA 34,489 36,698
    AT&T, INC 36,541 30,775
    AUTOMATIC DATA PROCESSING INC 32,667 34,521
    AUTOZONE INC 52,630 56,603
    BANK OF AMERICA CORP 43,212 43,422
    BAYER A G SPONSORED ADR 24,317 24,889
    BLACKROCK HIGH YIELD BOND PORT 68,340 68,339
    BLACKROCK INC 36,852 36,622
    BNP PARIBAS SPONS ADR 50,142 52,672
    BRIDGESTONE CORP UNSP ADR 36,705 36,057
    BROADCOM INC 76,323 86,503
    CARLYLE GROUP 45,055 45,073
    CATERPILLAR INC 38,469 39,074
    CELANESE CORPORATION 42,283 44,704
    CHARLES RIV LABORATORIES INTL 13,753 27,882
    CHESAPEAKE UTILITIES CORP 10,744 11,519
    CHEVRON CORP 21,628 27,929
    CHUBB LIMITED 38,101 39,049
    CISCO SYSTEMS INC 38,507 54,688
    COMCAST CORP 31,999 37,295
    CONOCOPHILLIPS 39,849 38,688
    CONSTELLATION BRANDS INC 22,314 24,093
    CRANE CO 31,900 31,536
    CRH PLC - AMERICAN DEPOSITARY 53,341 55,176
    DANAHER CORP 33,282 91,136
    DARDEN RESTAURANTS INC 26,656 26,663
    DECKERS OUTDOOR CORPORATION 36,383 32,968
    DEUTSCHE POST AG 50,105 52,097
    DIAGEO PLC ADS 30,499 31,700
    DIAMONDBACK ENERGY INC 40,066 37,748
    EAGLE MATERIALS INC 45,759 46,609
    EAST WEST BANCORP, INC 39,534 39,261
    EASTMAN CHEMICAL CO 35,043 35,548
    ELI LILLY & CO 24,474 28,174
    EMCOR GROUP INC 34,079 34,013
    ENI S.P.A 30,424 30,719
    EOG RESOURCES INC 38,595 38,019
    EQUITABLE HOLDINGS INC 38,072 37,840
    EVERCORE PARTNERS INC 37,370 37,359
    EXXON MOBIL CORP 29,886 29,188
    FABRINET INC 57,744 57,576
    FEDERAL RLTY INVT TR 53,355 55,073
    FORTUNE BRANDS HOME & SECURITY 36,721 36,987
    GARMIN LTD 64,224 63,183
    GENPACT LIMITED 33,575 34,608
    GOLDMAN SACHS GROUP 50,137 48,201
    GSK PLC 30,442 31,399
    HCA INC 21,382 53,696
    HEINEKEN N V S ADR 29,668 30,707
    HELMERICH PAYNE 19,902 19,244
    HENDERSON GROUP PLC 37,234 37,452
    HOME DEPOT INC 13,157 38,181
    HONEYWELL INTL 22,431 22,936
    HORIZON THERAPEUTICS PUBLIC OR 49,047 51,078
    HP INC 25,867 26,331
    ICON PLC - AMERICAN DEPOSITARY 51,418 57,604
    INFOSYS TECH LTD SPD ADR 33,777 36,370
    INTEL CORP 23,759 20,343
    INTERPUBLIC GROUP OF COS 63,799 69,170
    INVESCO PLC 39,634 38,351
    IQVIA HOLDINGS INC 37,473 39,217
    ISHARES BROAD USD HIGH YIELD C 19,096 19,153
    ISHARES IBOXX $ HIGH YIELD COR 94,642 94,928
    ISHARES S&P 500 INDEX FD 354,785 362,036
    JOHNSON & JOHNSON 81,639 85,535
    JOHNSON CONTROLS INTERNATIONAL 42,396 43,582
    JONES LANG LASALLE 41,150 42,286
    JP MORGAN CHASE 55,605 97,860
    JPMORGAN HIGH YIELD BOND FUND 44,325 44,319
    KINGFISHER PLC 30,413 31,336
    KOOKMIN BANK 43,939 41,267
    KORN FERRY INTL 31,547 31,201
    KUBOTA CORPORATION 40,081 40,554
    KULICKE AND SOFFA INDUSTRIES, 33,691 30,209
    L3HARRIS TECHNOLOGIES 24,007 23,883
    LABORATORY CORP AMER HLDGS 43,122 46,189
    LAM RESEARCH CORP 46,160 46,745
    LCI INDUSTRIES 46,270 44,735
    LINDE PLC COM 83,681 87,300
    LOCKHEED MARTIN CORP 18,372 17,415
    LORD ABBETT HIGH YIELD FD CL I 24,949 24,949
    LOWES COMPANIES INC 33,214 33,602
    LVMH MOET HENN UNSP 44,007 44,685
    MASTERCARD INC 9,503 30,542
    MCDONALD'S CORP 18,105 26,539
    MEDICAL PROPERTIES TRUST, INC 27,859 29,608
    MERCK & CO INC 25,648 25,598
    META PLATFORMS INC 21,432 32,626
    MICROSOFT CORP 59,854 140,246
    MORGAN STANLEY 79,238 76,172
    NAVIGATOR TACTICAL FIXED INCOM 500,665 479,241
    NETAPP, INC 42,373 43,051
    NETFLIX INC 31,701 31,327
    NEUBERGER BERMAN HIGH INC BOND 19,268 19,354
    NEXSTAR MEDIA GROUP, INC 82,030 79,566
    NEXTERA ENERGY, INC 54,111 87,572
    NIPPON TELEGRAPH & TELEPHONE C 39,455 39,498
    NVENT ELECTRIC PLC 102,263 104,462
    OIL CO LUKOIL PJSC SPON ADR RE 36,486 37,087
    ONEOK INC 29,221 27,382
    OSHKOSH CORP 13,493 13,525
    OTIS WORLDWIDE CORP 31,655 32,390
    PENTAIR INC. COM 37,977 37,464
    PFIZER INC 29,791 29,761
    PHILIP MORRIS INTL 33,267 46,170
    PIMCO 0-5 YEAR H/Y CORP BOND 19,522 19,624
    PIMCO HIGH-YIELD INSTL 47,605 47,813
    POSCO 55,116 52,053
    PROCTER GAMBLE CO 41,401 52,018
    PROLOGIS 23,511 48,151
    PUBLICIS GROUPE S.A 30,606 31,113
    ROYAL BANK OF CANADA 39,873 41,288
    SANOFI-AVENTIS SPONSORED ADR 48,815 50,852
    SBERBANK SPONSORED ADR 30,105 29,783
    SCHLUMBERGER LTD 28,552 27,644
    SCHWAB FUNDAMENTAL US LARGE CO 134,477 137,734
    SCOTTS CO. CLASS A 22,969 24,311
    SEKISUI HOUSE LTD 29,641 30,791
    SENSATA TECHNOLOGIES HOLDINGS 33,291 34,053
    SKYWORKS SOLUTIONS, INC 31,265 30,252
    SMART GLOBAL HOLDINGS INC 36,791 41,742
    SOUTHERN CO 38,815 41,354
    SPDR BARCLAYS SHORT TERM HIGH 19,380 19,412
    SPDR BLOOMBERG BARCLAYS HYB ET 66,556 66,771
    SPDR S&P 500 GROWTH 342,646 344,668
    STARBUCKS CORP COM 17,179 25,850
    STRYKER CORPORATION 25,632 26,207
    SYSCO CORP 20,888 22,308
    TAIWAN SEMICONDUCTOR MFG CO LT 79,373 78,322
    TE CONNECTIVITY LTD 33,704 34,043
    TEXAS INSTRUMENTS INC 38,554 37,317
    TFI INTERNATIONAL 31,744 32,624
    THE BLACKSTONE GROUP INC CL A 15,934 39,335
    TIAA CREF HIGH YIELD INST 19,093 19,171
    TJX COMPANIES INC 23,906 26,952
    TOKIO MARINE HOLDINGS INC 30,790 32,374
    TOKYO ELECTRON LTD 66,907 69,935
    TOYOTA MTR CORP 60,472 61,334
    TRUIST FINANCIAL CORPORATION 37,309 36,360
    TYSON FOODS INC CL A 25,617 26,671
    UBS AG 66,499 65,744
    UDR INC 47,402 48,292
    UNION PACIFIC 39,057 40,057
    UNITED OVRSEAS BK LTD ADR 51,220 52,025
    UNITEDHEALTH GROUP INC 50,839 121,518
    UNIVERSAL FOREST PRODUCTS, INC 49,911 50,698
    VERIZON COMMUNICATIONS 18,022 17,043
    WAL-MART STORES INC 32,167 33,279
    WALT DISNEY HOLDINGS CO 20,889 24,473
    WASTE MANAGEMENT INC 28,150 28,874
    WELLS FARGO & CO 37,999 36,657
    WILLIAMS COS 29,758 28,045
    WILLIAMS SONOMA INC 42,885 40,084
    XTRACKERS USD HIGH YIELD CORPO 18,917 19,004
    ZIFF DAVIS, INC 35,060 34,145

    TY 2021 OtherAssetsSchedule
    Name:
    The Lightner Sams Foundation Inc
    EIN:
    75-2555622
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    INTEREST IN LIFE INS POLICY 248,157 242,451 236,984


    TY 2021 OtherExpensesSchedule
    Name:
    The Lightner Sams Foundation Inc
    EIN:
    75-2555622
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 44,440     44,440
    Bank Charges 70 70    
    Cell Phone Expense 803     803
    Foundation Dues & Memberships 780     780
    K-1 Exp BROOKFIELD INFRASTRUCT 109 109    
    LIFE INSURANCE EXPENSE 21,231      


    TY 2021 OtherIncomeSchedule2
    Name:
    The Lightner Sams Foundation Inc
    EIN:
    75-2555622
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    K-1 Inc/Loss BROOKFIELD INFRASTRUCTURE PARTNERS LP 252 252  
    Class Action Lawsuit Proceeds 56 56  


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    The Lightner Sams Foundation Inc
    EIN:
    75-2555622
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 96,495 96,495    


    TY 2021 TaxesSchedule
    Name:
    The Lightner Sams Foundation Inc
    EIN:
    75-2555622
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2021 12,800      
    Foreign Tax Paid 225 225