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
APEL FOUNDATION
C/O THEODORE WILLIAMS
Number and street (or P.O. box number if mail is not delivered to street address)522 S W 52ND STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CAPE CORAL, FL33914
A Employer identification number

83-2574705
B Telephone number (see instructions)

(800) 451-4292
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$3,104,136J 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... 51,687 51,687  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -6,978
b Gross sales price for all assets on line 6a 72,458
7 Capital gain net income (from Part IV, line 2)... 0
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 5,747 5,747  
12 Total. Add lines 1 through 11........ 50,456 57,434  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 1,500 0   1,500
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 810 0   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 896 0   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 3,206 0   1,500
25 Contributions, gifts, grants paid....... 95,615 95,615
26 Total expenses and disbursements. Add lines 24 and 25 98,821 0   97,115
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -48,365
b Net investment income (if negative, enter -0-) 57,434
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......... 1,190,503 89,218 89,218
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) 180,920 Click to see attachment89,218 89,218
b Investments—corporate stock (attach schedule)....... 540,426 Click to see attachment688,663 688,663
c Investments—corporate bonds (attach schedule)....... 552,877 Click to see attachment247,622 247,622
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,506,009 Click to see attachment1,989,415 1,989,415
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) 3,970,735 3,104,136 3,104,136
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) Click to see attachment253,934 Click to see attachment435,700
23 Total liabilities (add lines 17 through 22)......... 253,934 435,700
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........ 2,423,801 2,423,801
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 1,293,000 244,635
29 Total net assets or fund balances (see instructions)..... 3,716,801 2,668,436
30 Total liabilities and net assets/fund balances (see instructions). 3,970,735 3,104,136
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
3,716,801
2
Enter amount from Part I, line 27a .....................
2
-48,365
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
3,668,436
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
1,000,000
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
2,668,436
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 INVESCO BALANCED RISK   2020-04-20 2021-07-01
b INVESCO MULTI ASSET INCOM FD   2020-04-20 2021-01-01
c INVESCO MULTI ASSET INCOM FD   2020-04-20 2021-07-01
d BLACKSTONE GROUP INC   2020-01-27 2021-07-01
e COMCAST CORP   2020-01-27 2021-07-01
INTERNTL PAPER   2020-01-27 2021-07-01
JOHNSON & JOHNSON   2020-01-27 2021-07-01
TRAVELERS COMPANIES   2020-01-27 2021-07-01
WEC ENERGY GROUP   2020-01-27 2021-07-01
WASTE MANAGEMENT INC   2020-01-27 2021-07-01
AFLAC INC   2020-01-23 2021-07-01
AIR PROD AND CHEMICALS   2020-01-23 2021-07-01
AMCOR PLC   2020-09-17 2021-07-01
BROADCOM INC   2020-01-23 2021-07-01
COMCAST CORP   2020-01-23 2021-01-01
COMCAST CORP   2020-01-23 2021-07-01
CORTEVA INC   2020-04-21 2021-01-01
CORTEVA INC   2020-04-21 2021-07-01
EXXON MOBIL CORP   2020-01-23 2021-07-01
HOME DEPOT INC   2020-01-23 2021-07-01
IBM CORP   2020-01-23 2021-07-01
JP MORGAN CHASE AND CO   2020-01-23 2021-07-01
PFIZER INC   2020-01-23 2021-07-01
PHILLIPS 66   2020-01-23 2021-07-01
PNC FINANCIAL SERVICES   2020-01-23 2021-07-01
PROLOGIS INC REIT   2020-01-23 2021-07-01
SOUTHERN CO   2020-01-23 2021-07-01
THOMSON REUTERS   2020-01-23 2021-01-01
THOMSON REUTERS   2020-01-23 2021-07-01
US BANCORP   2020-01-23 2021-07-01
WELLS FARGO BANK NA   2020-01-23 2021-07-01
ABBVIE INC 3.6%   2020-02-03 2021-07-01
AMAZON.COM INC 3.875%   2020-02-03 2021-07-01
AMERICAN EXPRESS 3.4%   2020-04-28 2021-01-01
AMERICAN EXPRESS 3.4%   2020-04-28 2021-07-01
AMERICAN INTERNATIONAL 3.4%   2020-07-20 2021-01-01
AMGEN INC 2.65%   2020-02-03 2021-07-01
ANHEUSER BUSCH 4.7%   2020-02-03 2021-07-01
ANTHEM INC 4.101%   2020-02-03 2021-07-01
APPLE INC 2.5%   2020-02-03 2021-07-01
BANK OF MONTREAL 1.9%   2020-02-03 2021-07-01
BLACKROCK INC 2.4%   2020-02-24 2021-07-01
BP CAPITAL 3.814%   2020-02-03 2021-07-01
BNP PARIBAS 3.25%   2020-02-03 2021-07-01
CAPITAL ONE FINL 3.3%   2020-02-03 2021-07-01
CITIGROUP INC 4.6%   2020-02-03 2021-07-01
COMCAST CORP 3%   2020-02-03 2021-07-01
CITIGROUP INC 4.6%   2020-02-03 2021-01-01
COOPERATIVE CE 3.875%   2020-02-03 2021-07-01
CSX CORP 2.6%   2020-02-03 2021-07-01
DEUTSCHE BANK 3.375%   2020-02-03 2021-07-01
DUKE ENERGY 3.75%   2020-02-03 2021-07-01
ENERGY TRANSFER 4.05%   2020-02-03 2021-07-01
ENTERGY CORP 0.9%   2020-08-26 2021-07-01
EXXON MOBIL CORP 2.99%   2020-04-20 2021-01-01
FEDERAL NTL MO 6.625%   2020-02-03 2021-07-01
FREDDIE MAC 3.989%   2020-02-03 2021-07-01
GENERAL MOTORS 4.35%   2020-02-03 2021-07-01
GENERAL MOTORS 4.35%   2020-02-03 2021-01-01
INTEL CORP 2.45%   2020-02-14 2021-07-01
INTERCONTINENTAL EX 3%   2020-05-29 2021-01-01
INTERNATL BUSINESS 4%   2020-02-03 2021-07-01
JOHN DEERE 2.65%   2020-02-03 2021-07-01
JOHNSON & JOHNSON 1.3%   2020-10-16 2021-01-01
JP MORGAN CHASE AND CO   2020-02-03 2021-07-01
KEYCORP 2.55%   2020-08-17 2021-01-01
KINDER MORGAN 4.15%   2020-02-03 2021-07-01
LOOMIS SAYLES   2020-02-03 2021-07-01
MCKESSON CORP   2020-02-03 2021-07-01
MORGAN STANLEY 3.875%   2020-02-03 2021-07-01
NISOURCE INC 0.95%   2020-08-26 2021-08-31
NVIDIA CORP 2.85%   2020-04-01 2021-07-01
ORACLE CORP 2.95%   2020-02-03 2021-07-01
ORIX CORP   2020-02-03 2021-07-01
SANTANDER 3.5%   2020-02-03 2021-07-01
SHELL INTERNTL 6.375%   2020-02-03 2021-07-01
STARBUCKS CORP 2.25%   2020-11-18 2021-01-01
SUNTRUST BANK 2.8%   2020-02-03 2021-07-01
THE BANK OF NEW 3.65%   2020-02-03 2021-07-01
THE BANK OF NOVA 3.4%   2020-02-27 2021-07-01
THE GOLDMAN SACHS 3.75%   2020-02-03 2021-07-01
UNITED HEALTH GROUP 5.8%   2020-02-03 2021-07-01
US TREASURY NT 0.5%   2020-09-17 2021-01-01
US TREASURY 3%   2020-02-03 2021-07-01
US TREASURY 3%   2020-02-03 2021-07-01
US TREASURY 2.5%   2020-02-03 2021-07-01
US TREASURY 2.5%   2020-02-03 2021-07-01
US TREASURY 1.25%   2020-07-07 2021-01-01
US TREASURY 2.75%   2020-02-03 2021-07-01
US TREASURY 1.375%   2020-11-18 2021-01-01
US TREASURY 2.875%   2020-02-03 2021-07-01
US TREASURY 4.375%   2020-02-03 2021-07-01
VERIZON COMM   2020-02-03 2021-07-01
VIRGINIA ELEC 3.15%   2020-02-03 2021-07-01
VODAFONE GRP 6.15%   2020-02-03 2021-07-01
WELLS FARGO 3%   2020-02-03 2021-01-01
WELLS FARGO 3%   2020-02-03 2021-07-01
WESTPAC BANKING 2.35%   2020-06-18 2021-01-01
(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 57,180     57,180
b 413     413
c     61,339 -61,339
d 3,628     3,628
e 333     333
911     911
236     236
28     28
    113 -113
220     220
    106 -106
612     612
94     94
329     329
143     143
263     263
1,139     1,139
893     893
    234 -234
250     250
    313 -313
158     158
    63 -63
    1,304 -1,304
181     181
281     281
    88 -88
211     211
2,082     2,082
75     75
    689 -689
125     125
    122 -122
32     32
    58 -58
    237 -237
    56 -56
    49 -49
131     131
117     117
22     22
    8 -8
72     72
60     60
147     147
130     130
150     150
    12 -12
    164 -164
102     102
    113 -113
39     39
82     82
    136 -136
120     120
    95 -95
    68 -68
223     223
    6 -6
57     57
    946 -946
    202 -202
    21 -21
    406 -406
75     75
    272 -272
71     71
    7,419 -7,419
212     212
99     99
    122 -122
48     48
44     44
23     23
144     144
    205 -205
    284 -284
5     5
99     99
81     81
111     111
7     7
    160 -160
    594 -594
    337 -337
    222 -222
    256 -256
    750 -750
    506 -506
    433 -433
    490 -490
    329 -329
    24 -24
27     27
    34 -34
    10 -10
143     143
    41 -41
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       57,180
b       413
c       -61,339
d       3,628
e       333
      911
      236
      28
      -113
      220
      -106
      612
      94
      329
      143
      263
      1,139
      893
      -234
      250
      -313
      158
      -63
      -1,304
      181
      281
      -88
      211
      2,082
      75
      -689
      125
      -122
      32
      -58
      -237
      -56
      -49
      131
      117
      22
      -8
      72
      60
      147
      130
      150
      -12
      -164
      102
      -113
      39
      82
      -136
      120
      -95
      -68
      223
      -6
      57
      -946
      -202
      -21
      -406
      75
      -272
      71
      -7,419
      212
      99
      -122
      48
      44
      23
      144
      -205
      -284
      5
      99
      81
      111
      7
      -160
      -594
      -337
      -222
      -256
      -750
      -506
      -433
      -490
      -329
      -24
      27
      -34
      -10
      143
      -41
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 -6,978
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........................... 3 798
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- ..... 5 798
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 1,527
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 1,527
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 729
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet729 RefundedBullet 11 0
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)
    bulletMI
    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 addressbulletN/A
    14
    The books are in care ofbulletAPEL FOUNDATION Telephone no.bullet (734) 671-3531

    Located atbullet1191 NORTH RAISINVILLE RDMONROEMI ZIP+4bullet48162
    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)
     
    No
    (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
     
     
    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
    THEODORE A WILLIAMS PRESIDENT, SECRETARY
    1.00     		0 0 0
    522 SW 52ND STREET
    CAPE CORAL,FL33914
    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
    NONE
    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
    2,941,070
    b
    Average of monthly cash balances.......................
    1b
    131,612
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,072,682
    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
    3,072,682
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    46,090
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    3,026,592
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    151,330
    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
    151,330
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    798
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
    627
    c
    Add lines 2a and 2b............................
    2c
    1,425
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    149,905
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    149,905
    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
    149,905
    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 7 149,905
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 95,613
    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$ 97,115
    a Applied to 2020, but not more than line 2a 95,613
    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..... 1,502
    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 ..........     		148,403
    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).)
    THEODORE A WILLIAMS
    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
    CAPE CORAL ANIMAL SHELTER
    325 2ND AVE
    CAPE CORAL,FL33991     		  PC GENERAL OPERATING FUND 10,615
    FRIENDS FOR ANIMALS OF METRO DETROIT
    2661 GREENFIELD RD
    DEARBORN,MI48120     		  PC GENERAL OPERATING FUNDS 10,000
    ST JUDE CHILDREN'S RESEARCH HOSPITAL
    501 ST JUDE PLACE
    MEMPHIS,TN38105     		  PC GENERAL OPERATING FUNDS 20,000
    WOUNDED WARRIOR PROJECT
    4899 BELFORT RD SUITE 300
    JACKSONVILLE,FL32256     		  PC GENERAL OPERATING FUNDS 40,000
    SALVATION ARMY
    PO BOX 1126
    WILSONVILLE,AL35186     		  PC GENERAL OPERATING FUNDS 15,000
    Total .................................bullet 3a 95,615
    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 ............     		    18 -6,978  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 3,988 46,468 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    50,456
    (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:
    APEL FOUNDATION
     
    C/O THEODORE WILLIAMS
    EIN:
    83-2574705
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 1,500 0   1,500

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    APEL FOUNDATION
     
    C/O THEODORE WILLIAMS
    EIN:
    83-2574705
    Name of Bond End of Year Book Value End of Year Fair Market Value
    JOHN DEERE 2.65% 4,001 4,001
    TRUIST BANK 2.8% 5,037 5,037
    ORIX CORP 2.9% 5,056 5,056
    BNP PARIBAS 3.25% 5,144 5,144
    KINDER MORGAN 4.15% 4,208 4,208
    BANK OF NEW 3.65% 4,211 4,211
    BP CAPITAL MKT 3.814% 4,218 4,218
    THE BANK OF NOVA 3.4% 5,241 5,241
    DUKE ENERGY 3.75% 5,250 5,250
    MORGAN STANLEY 3.875% 5,297 5,297
    SANTANDER 3.5% 5,206 5,206
    CAPITAL ONE 3.3% 4,210 4,210
    APPLE INC 2.5% 5,204 5,204
    WELLS FARGO 3% 4,173 4,173
    WESTPAC 2.35% 5,159 5,159
    JP MORGAN CHASE 5,198 5,198
    ENERGY TRANSFER 4.05% 4,230 4,230
    EXXON MOBIL COR 2.992% 5,254 5,254
    ABBVIE 3.6% 4,242 4,242
    ORACLE CORP 2.95% 5,183 5,183
    VERIZON COMMUNICATIONS 5,087 5,087
    THE GOLDMAN SACHS 3.75% 4,257 4,257
    NISOURCE 0.95% 5,842 5,842
    ENTERGY CORP 0.9% 5,803 5,803
    VIRGINIA ELECTRIC 3.15% 5,271 5,271
    CITIGROUP INC 4.6% 4,411 4,411
    CSX CORP 2.6% 5,208 5,208
    GENERAL MOTORS 4.35% 5,493 5,493
    ANTHEM INC 4.1% 5,564 5,564
    CVS HEALTH CORP 4.3% 2,239 2,239
    KEYCORP 2.55% 5,115 5,115
    INTEL CORP 2.45% 5,171 5,171
    NVIDIA CORP 2.85% 5,293 5,293
    BLACKROCK INC 2.4% 5,135 5,135
    AMERICAN INTERNAT 3.4% 5,403 5,403
    ANHEUSER-BUSCH 4.7% 4,814 4,814
    UNITEDHEALTH 5.8% 4,122 4,122
    VODAFON GROUP 5.8% 5,378 5,378
    AMAZON INC 3.875% 4,663 4,663
    SHELL INTERNATIONAL 6.375% 4,350 4,350
    INTERNATIONAL BUSINESS 4% 5,726 5,726
    STARBUCKS CORP 2.25% 4,980 4,980
    JOHNSON AND JOHNSON 1.3% 4,805 4,805
    SIMON PROPERTY GR 3.5% 5,328 5,328
    TORONTO DOMINION 1.25% 5,868 5,868
    AMERICAN EXPRESS 1.65% 5,009 5,009
    AT&T INC 4.35% 4,495 4,495
    COMCAST 4.25% 4,604 4,604
    FHLMC SD8151 2.5% 4,762 4,762
    FNMA PL MA4355 2% 4,786 4,786
    FNMA PL MA4398 2% 2,918 2,918

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    APEL FOUNDATION
     
    C/O THEODORE WILLIAMS
    EIN:
    83-2574705
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AIG 6,084 6,084
    APO 8,619 8,619
    AAPL 20,598 20,598
    BAC 9,254 9,254
    BDX 7,041 7,041
    BX 6,858 6,858
    AVGO 6,654 6,654
    CMCSA 8,405 8,405
    ECL 6,569 6,569
    EIX 5,119 5,119
    ENB 8,168 8,168
    HD 9,545 9,545
    JNJ 7,527 7,527
    LIN 9,007 9,007
    MA 4,671 4,671
    MRK 6,361 6,361
    MET 5,999 5,999
    MSFT 22,197 22,197
    MDLZ 7,161 7,161
    NSRGY 8,001 8,001
    NEE 5,975 5,975
    NOC 4,645 4,645
    ORCL 4,709 4,709
    OTIS 2,525 2,525
    PFE 7,854 7,854
    PNC 5,214 5,214
    PPG 9,829 9,829
    PG 8,179 8,179
    PEG 3,937 3,937
    RTX 11,532 11,532
    SRE 5,159 5,159
    TXN 6,031 6,031
    KO 6,987 6,987
    TRV 6,257 6,257
    USB 4,044 4,044
    UNP 7,558 7,558
    UPS 9,431 9,431
    UNH 8,536 8,536
    VZ 4,988 4,988
    V 6,501 6,501
    VMC 6,850 6,850
    DIS 5,266 5,266
    WM 7,010 7,010
    WMB 7,213 7,213
    ZTS 7,321 7,321
    AMT 7,020 7,020
    BXP 2,764 2,764
    T 4,871 4,871
    ABBV 5,281 5,281
    MO 3,270 3,270
    AJG 6,278 6,278
    BAC 3,515 3,515
    BLK 8,240 8,240
    BMY 4,801 4,801
    AVGO 3,992 3,992
    CAT 5,789 5,789
    CE 3,697 3,697
    CVX 7,745 7,745
    CSCO 8,935 8,935
    C 2,174 2,174
    CMCSA 4,479 4,479
    COP 5,125 5,125
    CVS 5,364 5,364
    EMN 3,869 3,869
    EMR 2,603 2,603
    XOM 6,364 6,364
    FNF 2,192 2,192
    GD 3,544 3,544
    GILD 3,413 3,413
    HD 12,035 12,035
    HPQ 7,496 7,496
    HBAN 2,390 2,390
    INTC 5,253 5,253
    IP 1,691 1,691
    JNJ 8,554 8,554
    JPM 10,293 10,293
    KEY 4,187 4,187
    KMI 3,251 3,251
    LMT 2,843 2,843
    LYB 2,951 2,951
    MDT 4,552 4,552
    MRK 6,438 6,438
    MET 5,687 5,687
    MSFT 10,426 10,426
    MDLZ 4,841 4,841
    PEP 7,122 7,122
    PFE 8,031 8,031
    PM 5,795 5,795
    PNC 4,612 4,612
    PG 10,306 10,306
    PRU 6,603 6,603
    PEG 3,537 3,537
    SO 5,898 5,898
    KO 4,974 4,974
    TSN 5,491 5,491
    USB 6,572 6,572
    VZ 7,742 7,742
    WMT 8,103 8,103
    WFC 4,592 4,592
    PLD 8,081 8,081
    WPC 3,446 3,446
    CSCO 3,549 3,549
    JPM 2,059 2,059
    PXD 5,275 5,275
    BK 3,485 3,485
    DOW 3,573 3,573
    EVRG 3,087 3,087
    FITB 3,745 3,745
    MCD 5,623 5,623
    NI 2,982 2,982
    TFV 4,567 4,567
    UGI 2,755 2,755
    LAMR 1,456 1,456

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    APEL FOUNDATION
     
    C/O THEODORE WILLIAMS
    EIN:
    83-2574705
    US Government Securities - End of Year Book Value:

    89,218
    US Government Securities - End of Year Fair Market Value:

    89,218
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2021 InvestmentsOtherSchedule2
    Name:
    APEL FOUNDATION
     
    C/O THEODORE WILLIAMS
    EIN:
    83-2574705
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    LOOMIS SAYLES SECURITIZED FMV 186,272 186,272
    PRUDENTIAL ANNUITY FMV 619,689 619,689
    JACKSON NATIONAL LIFE ANNUITY FMV 1,183,454 1,183,454

    TY 2021 OtherDecreasesSchedule
    Name:
    APEL FOUNDATION
     
    C/O THEODORE WILLIAMS
    EIN:
    83-2574705
    Description Amount
    PRIOR YEAR CORRECTION - AMOUNT PAID TO FOUNDATION FROM TRUST IN ERROR 1,000,000


    TY 2021 OtherExpensesSchedule
    Name:
    APEL FOUNDATION
     
    C/O THEODORE WILLIAMS
    EIN:
    83-2574705
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INSURANCE 896 0   0


    TY 2021 OtherIncomeSchedule2
    Name:
    APEL FOUNDATION
     
    C/O THEODORE WILLIAMS
    EIN:
    83-2574705
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    RIDGEWOOD ENERGY 1,759 1,759 1,759
    RIDGEWOOD ENERGY 3,988 3,988 3,988


    TY 2021 OtherLiabilitiesSchedule
    Name:
    APEL FOUNDATION
     
    C/O THEODORE WILLIAMS
    EIN:
    83-2574705
    Description Beginning of Year - Book Value End of Year - Book Value
    UNREALIZED GAINS ON INVESTMENTS 253,934 435,700


    TY 2021 TaxesSchedule
    Name:
    APEL FOUNDATION
     
    C/O THEODORE WILLIAMS
    EIN:
    83-2574705
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAXES 661 0   0
    FOREIGN TAXES ON INVESTMENT INCOME 149 0   0