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
CFP Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)11 Greenway Plaza 2600
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Houston, TX77046
A Employer identification number

76-0537479
B Telephone number (see instructions)

(713) 830-3400
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$101,629,323J 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 3,157 3,157  
4 Dividends and interest from securities... 1,573,258 1,573,258  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 7,088,491
b Gross sales price for all assets on line 6a 11,115,530
7 Capital gain net income (from Part IV, line 2)... 7,088,491
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 17,128 17,128  
12 Total. Add lines 1 through 11........ 8,682,034 8,682,034  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 122,815 0   122,815
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 3,000 1,500   1,500
c Other professional fees (attach schedule).... Click to see attachment 147,432 147,432   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 120,886 5,886   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 39,185 9,796   29,389
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 336,639 267,060   69,579
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 769,957 431,674   223,283
25 Contributions, gifts, grants paid....... 3,395,750 3,395,750
26 Total expenses and disbursements. Add lines 24 and 25 4,165,707 431,674   3,619,033
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 4,516,327
b Net investment income (if negative, enter -0-) 8,250,360
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............. 526,097 209,118 209,118
2 Savings and temporary cash investments......... 896,303 676,640 676,640
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 9,786,756 Click to see attachment7,485,215 7,457,320
b Investments—corporate stock (attach schedule)....... 45,467,227 Click to see attachment49,326,668 77,807,154
c Investments—corporate bonds (attach schedule)....... 798,500 Click to see attachment798,500 766,946
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 6,120,359 Click to see attachment9,615,428 14,712,145
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) 63,595,242 68,111,569 101,629,323
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 63,595,242 68,111,569
29 Total net assets or fund balances (see instructions)..... 63,595,242 68,111,569
30 Total liabilities and net assets/fund balances (see instructions). 63,595,242 68,111,569
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
63,595,242
2
Enter amount from Part I, line 27a .....................
2
4,516,327
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
68,111,569
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
68,111,569
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 Passthrough K-1 capital gain P    
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 7,431,342   4,027,039 3,404,303
b 3,684,188     3,684,188
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       3,404,303
b       3,684,188
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 7,088,491
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........................... 3 114,680
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- ..... 5 114,680
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 83,723
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 40,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 123,723
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 9,043
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet9,043 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
 
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 addressbulletNone
    14
    The books are in care ofbulletJulie Crochet Telephone no.bullet (713) 830-3400

    Located atbullet11 Greenway Plaza Ste 2600HoustonTX ZIP+4bullet770461103
    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
     
    No
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    Gary T Crum Pres/Treas.
    2.00     		0 0 0
    11 Greenway Plaza Ste 2600
    Houston,TX77046
    Sylvie P Crum Exec. VP
    1.00     		0 0 0
    11 Greenway Plaza Ste 2600
    Houston,TX77046
    Clayton M Harkness Executive Dir.
    40.00     		111,650 11,165 0
    11 Greenway Plaza Ste 2600
    Houston,TX77046
    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
    Triformis Inc Administrative 131,732
    PO Box 1063
    Houston,TX77251
    CIBC Private Wealth Management Investment mgmt 81,447
    100 Federal St
    Boston,MA021101802
    UBS Financial Services Inc Investment mgmt 65,969
    380 Knollwood St Ste 250
    WinstonSalem,NC271031868
    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
    84,494,991
    b
    Average of monthly cash balances.......................
    1b
    525,378
    c
    Fair market value of all other assets (see instructions)................
    1c
    13,298,660
    d
    Total (add lines 1a, b, and c).........................
    1d
    98,319,029
    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
    98,319,029
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    1,474,785
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    96,844,244
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    4,842,212
    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
    4,842,212
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    114,680
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    114,680
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    4,727,532
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    4,727,532
    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
    4,727,532
    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 4,727,532
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 3,481,656
    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$ 3,619,033
    a Applied to 2020, but not more than line 2a 3,481,656
    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..... 137,377
    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 ..........     		4,590,155
    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).)
    Gary T Crum
    Sylvie P Crum
    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
    Aspen Community Foundation
    455 Gold Rivers Court Suite 515
    Basalt,CO81621     		N/A PC General Support 30,000
    Bo's Place
    10050 Buffalo Speedway
    Houston,TX77054     		N/A PC General Support 20,000
    Breakthrough Houston
    2401 Claremont Lane
    Houston,TX77019     		N/A PC General Support 40,000
    George W Bush Foundation
    2943 SMU Boulevard
    Dallas,TX75205     		N/A PC General Support 25,000
    Camp for All Foundation
    3701 Kirby Drive Suite 570
    Houston,TX77098     		N/A PC General Support 15,000
    Casa De Esperanza De Los Ninos Incorporated
    PO Box 310209
    Houston,TX77230     		N/A PC General Support 30,000
    Childhood Cancer Family Alliance Inc
    12919 Southwest Freeway Suite 100
    Stafford,TX77477     		N/A PC General Support 15,000
    Children's Museum Inc dba The Children's Museum of Houston
    1500 Binz
    Houston,TX770047112     		N/A PC General Support 25,000
    Chinquapin Preparatory School
    2615 E Wallisville
    Highlands,TX775623199     		N/A PC General Support 60,000
    Christian Community Service Center Inc
    PO Box 27924
    Houston,TX772277924     		N/A PC General Support 20,000
    Cristo Rey Jesuit College Preparatory School of Houston
    6700 Mount Carmel Street
    Houston,TX77087     		N/A PC General Support 50,000
    Dallas Arboretum & Botanical Society Inc
    8525 Garland Road
    Dallas,TX75218     		N/A PC General Support 15,000
    Dress for Success Houston
    3310 Eastside Street
    Houston,TX77098     		N/A PC General Support 30,000
    EMERGE Fellowship
    11251 Northwest Freeway Suite 330
    Houston,TX77092     		N/A PC General Support 20,000
    Episcopal High School
    4650 Bissonnet
    Bellaire,TX774013002     		N/A PC General Support 20,000
    Ex Students Association of the University of Texas
    POBox 142309
    Austin,TX78714     		N/A PC General Support 100,750
    FuelEd Schools Inc
    2990 Richmond Avenue Suite 525
    Houston,TX77098     		N/A PC General Support 35,000
    Genesys Works
    3100 Main Street Suite 702
    Houston,TX77002     		N/A PC General Support 25,000
    Houston Arboretum & Nature Center
    4501 Woodway Drive
    Houston,TX77024     		N/A PC General Support 25,000
    Houston Hospice
    1905 Holcombe Blvd
    Houston,TX770304123     		N/A PC General Support 15,000
    The Methodist Hospital Foundation dba Houston Methodist Hospital Foundation
    1707 Sunset Blvd
    Houston,TX77005     		N/A PC General Support 50,000
    Houston Museum of Natural Science
    5555 Hermann Park Drive
    Houston,TX770301799     		N/A PC General Support 20,000
    Houston Zoo Inc
    1513 Cambridge Street
    Houston,TX77030     		N/A PC General Support 70,000
    Kinkaid School Inc (The)
    201 Kinkaid School Drive
    Houston,TX77024     		N/A PC General Support 10,000
    KIPP Texas Inc - DFW
    PO Box 674443
    Dallas,TX752674443     		N/A PC General Support 20,000
    KIPP Texas Inc - Houston
    PO Box 4785 MSC 300
    Houston,TX772104785     		N/A PC General Support 50,000
    Mercy Street Inc
    3801 Holystone Street
    Dallas,TX75212     		N/A PC General Support 10,000
    Monarch School Inc (The)
    2815 Rosefield
    Houston,TX77080     		N/A PC General Support 25,000
    Museum of Fine Arts Houston
    PO Box 6826
    Houston,TX772656826     		N/A PC General Support 70,000
    W Oscar Neuhaus Memorial Foundation
    4433 Bissonnet
    Bellaire,TX77401     		N/A PC General Support 20,000
    Perot Museum of Nature and Science
    2201 N Field Street
    Dallas,TX75201     		N/A PC General Support 15,000
    Positive Coaching Alliance - Houston
    1001 North Rengstorff Avenue Suite
    100
    Mountain View,CA94043     		N/A PC General Support 35,000
    Positive Coaching Alliance - North Texas
    1001 North Rengstorff Avenue Suite
    100
    Mountain View,CA94043     		N/A PC General Support 25,000
    Rise School of Dallas dba Ashford Rise School of Dallas
    6000 Preston Road
    Dallas,TX75205     		N/A PC General Support 10,000
    Salesmanship Club of Dallas
    106 E 10th Street
    Dallas,TX752032296     		N/A PC General Support 30,000
    Small Steps Nurturing Center
    2902 Jensen Drive
    Houston,TX77026     		N/A PC General Support 225,000
    Southern Methodist University
    PO Box 750333
    Dallas,TX752750333     		N/A PC General Support 325,000
    Special Camps for Special Kids dba Camp John Marc
    4925 Greenville Avenue Suite 400
    Dallas,TX75206     		N/A PC General Support 15,000
    St Francis Episcopal Day School
    335 Piney Point Road
    Houston,TX770246505     		N/A PC General Support 395,000
    St John's School
    2401 Claremont Lane
    Houston,TX77019     		N/A PC General Support 25,000
    Teach for America Inc - Houston
    2 Greenway Plaza Suite 500
    Houston,TX77046     		N/A PC General Support 30,000
    Teach for America Inc - DFW
    600 North Pearl Street Suite S-2300
    Dallas,TX75201     		N/A PC General Support 25,000
    Texas Children's Hospital
    1919 S Braeswood Bvlvd Suite 5214
    Houston,TX77030     		N/A PC General Support 100,000
    Theatre Under The Stars Inc
    800 Bagby 200
    Houston,TX770022532     		N/A PC General Support 15,000
    University of Texas M D Anderson Cancer Center
    PO Box 4486
    Houston,TX772104486     		N/A PC General Support 95,000
    University of Texas at Austin - The Blanton Museum of Art
    200 E Martin Luther King Jr Blvd
    Stop D1303
    Austin,TX787121609     		N/A PC General Support 125,000
    University of Texas at Austin - Longhorn Foundation
    PO Box 7399
    Austin,TX78713     		N/A PC General Support 250,000
    University of Texas at Austin - Texas Challenge
    2110 Speedway Mail Stop B6006
    Austin,TX78712     		N/A PC General Support 200,000
    University of Texas at Austin - McCombs School of Business
    2110 Speedway Mail Stop B6006
    Austin,TX78712     		N/A PC General Support 300,000
    Uplift Education
    3000 Pegasus Park Blvd Suite 1100
    Dallas,TX75247     		N/A PC General Support 20,000
    US Lacrosse Inc
    2 Loveton Circle
    Sparks,MD21152     		N/A PC General Support 20,000
    West Dallas Community School
    2300 Canada Drive
    Dallas,TX75212     		N/A PC General Support 20,000
    Yellowstone Academy Inc
    3000 Trulley
    Houston,TX77004     		N/A PC General Support 60,000
    YES Prep Public Schools Inc
    PO Box 300467
    Houston,TX77230     		N/A PC General Support 75,000
    Total .................................bullet 3a 3,395,750
    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 ...........     		    14 3,157  
    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 7,088,491  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aPassthrough K-1 Income     		    14 17,128  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 8,682,034 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    8,682,034
    (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:
    CFP Foundation
    EIN:
    76-0537479
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Tax compliance 3,000 1,500   1,500

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    CFP Foundation
    EIN:
    76-0537479
    Name of Bond End of Year Book Value End of Year Fair Market Value
    DOUBLELINE TOTAL RETURN BOND FUND CL I #2040 798,500 766,946

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    CFP Foundation
    EIN:
    76-0537479
    Name of Stock End of Year Book Value End of Year Fair Market Value
    BLACKROCK MID-CAP GROWTH EQ I 5,944,400 8,548,462
    JPMORGAN SMALL CAP GROWTH FUND CLASS I 7,313,214 7,907,629
    JPMORGAN GROWTH ADVANTAGE FUND CLASS I 5,739,722 8,174,875
    MORGAN STANLEY INST ASIA OPP FUND CLASS I 6,732,782 7,297,120
    APPLE INC 2,449,941 4,114,297
    BERKSHIRE HATHAWAY INC NEW CL B 828,878 2,087,020
    EXXON MOBIL CORP 1,897,512 2,869,811
    FOUR CORNERS PPTY TRUST REIT 666,635 1,176,400
    PRICE T ROWE GROUP INC 5,071,273 13,202,410
    SHERWIN WILLIAMS CO 1,792,350 2,757,413
    SNAP ON INC 1,797,253 2,498,408
    LINDE PLC COM 62,274 131,990
    AIR LIQUIDE ADR 16,168 19,772
    ASHLAND GLOBAL HLDGS INC COM 19,351 32,190
    BERRY GLOBAL GROUP INC. 27,875 58,581
    BHP GROUP LIMITED 22,264 26,554
    CROWN HLDGS INC COM 30,299 74,779
    ECOLAB INC COM 62,225 92,428
    FMC CORP COM NEW 27,125 56,154
    LIVENT CORP COM 16,286 34,425
    MARTIN MARIETTA MATERIALS COM 92,279 111,011
    SYMRISE AG ADR 15,393 21,041
    PENTAIR PLC SHS 15,077 27,897
    AMETEK INC NEW COM 31,552 73,079
    ASSA ABLOY AB ADR 12,737 18,380
    AZEK CO INC CL A 36,894 39,813
    BAE SYS PLC SPONSORED ADR 17,145 19,183
    CANADIAN NATL RY CO COM 10,468 14,375
    CINTAS CORP COM 29,449 50,521
    COSTAR GROUP INC COM 19,157 43,467
    DAIKIN INDS LTD ADR 15,516 22,724
    FANUC LTD JAPAN ADR 20,542 22,188
    HONEYWELL INTERNATIONAL INC COM 142,242 204,757
    HOWMET AEROSPACE INC COM 26,692 24,127
    HUBBELL INC COM 22,632 46,444
    IAA INC COM 28,259 38,775
    IDEX CORP COM 45,910 73,732
    INGERSOLL RAND INC COM 58,010 72,821
    MASCO CORP COM 28,092 54,140
    NIDEC CORP SPONSORED ADR 12,577 23,188
    OSHKOSH CORPORATION 32,871 40,237
    OTIS WORLDWIDE CORP COM 78,688 125,207
    RAYTHEON TECHNOLOGIES CORP COM 129,402 167,129
    REGAL REXNORD CORPORATION 16,573 58,882
    RITCHIE BROS AUCTIONEERS COM 9,851 14,629
    ROPER TECHNOLOGIES, INC. 106,022 206,089
    SIEMENS A G SPONSORED ADR 13,055 19,880
    STANLEY BLACK & DECKER INC COM 131,732 133,166
    TRANSUNION COM 28,303 76,128
    UNION PAC CORP COM 55,411 142,592
    VESTAS WIND SYS AS UTD KINGDOM UNSP ADR 8,673 12,894
    ZURN WTR SOLUTIONS CORP 28,407 38,438
    ALPHABET INC CAP STK CL C 69,712 370,380
    ALPHABET INC CAP STK CL A 131,440 309,983
    DISNEY WALT CO COM 129,449 135,839
    LIBERTY BROADBAND CORP COM SER C 21,600 28,354
    T MOBILE US INC COM 110,692 171,998
    TENCENT HLDGS LTD ADR 27,146 27,128
    UBISOFT ENTMT SA ADR 22,171 15,047
    APTIV PLC COM NEW 33,011 76,537
    ALIBABA GROUP HLDG LTD SPONSORED ADS 27,102 14,849
    AMAZON.COM INC COM 103,875 516,823
    AUTOZONE INC COM 42,431 171,904
    BOOKING HLDGS INC COM 157,486 165,547
    CHEWY INC CL A 29,435 24,826
    CHIPOTLE MEXICAN GRILL INC CL A 79,872 103,147
    COMPASS GROUP PLC SPONSORED ADR 16,404 18,314
    CONTINENTAL AG SPONSORED ADR 17,166 17,906
    D R HORTON INC COM 41,744 47,610
    DOLLAR GEN CORP NEW COM 50,219 112,727
    DOMINOS PIZZA INC COM 31,891 67,155
    FIVE BELOW INC COM 48,868 70,549
    FLOOR & DECOR HLDGS INC CL A 55,228 70,465
    HOME DEPOT INC COM 81,599 236,556
    INTERCONTINENTAL HOTELS GROUP PLC NEW SPONSORED ADR 14,280 17,541
    LVMH MOET HENNESSY LOU VUITTON ADR 13,797 26,787
    MARRIOTT INTERNATIONAL CL A 27,261 61,635
    MERCADOLIBRE INC COM 5,710 8,090
    PLANET FITNESS INC CL A 55,955 63,134
    ROSS STORES INC COM 16,223 49,712
    SONY CORP AMERN SH NEW 12,095 21,994
    TJX COS INC NEW COM 26,496 74,326
    TRACTOR SUPPLY CO COM 31,185 99,496
    YUM CHINA HLDGS INC COM 17,023 17,843
    CHURCH & DWIGHT INC COM 22,475 58,938
    COSTCO WHSL CORP NEW COM 87,668 152,144
    DIAGEO PLC SPONSORED ADR NEW 15,387 22,895
    FOMENTO ECONOMICO MEXICANO SAB SPON ADR UNITS 8,497 9,869
    MONDELEZ INTL INC COM 69,813 91,309
    MONSTER BEVERAGE CORP NEW COM 19,489 60,697
    PEPSICO INC COM 54,117 104,921
    SEVEN & I HLDGS CO LTD ADR 10,080 12,733
    SPROUTS FMRS MKT INC COM 29,952 38,287
    US FOODS HLDG CORP COM 37,669 32,775
    CHEVRON CORP NEW COM 74,391 72,992
    EQUINOR ASA SPONSORED ADR 11,223 15,061
    PIONEER NAT RES CO COM 118,431 134,773
    ROYAL DUTCH SHELL PLC ADR B 11,111 14,566
    CHUBB LTD COM 12,872 19,138
    AIA GROUP LTD SPONSORED ADR 18,610 20,567
    AMERIPRISE FINL INC COM 37,499 115,536
    BANCO SANTANDER SA ADR 20,729 20,434
    BLACKROCK INC COM 29,090 105,289
    BLACKSTONE INC 70,127 195,379
    BROOKFIELD ASSET MGMT INC VOTING SHS CL A 8,476 14,672
    CME GROUP INC COM 59,778 69,223
    DBS GROUP HLDGS LTD SPONSORED ADR 11,278 17,539
    HDFC BANK LTD ADR REPS 3 SHS 15,741 23,881
    INTERCONTINENTAL EXCHANGE, INC COM 51,265 103,808
    JPMORGAN CHASE & CO COM 65,981 191,445
    JULIUS BAER GROUP LTD ADR 12,186 18,962
    LLOYDS BANKING GROUP PLC SPONSORED ADR 15,738 24,687
    LONDON STK EXCHANGE GROUP UNSPONSORED ADR 17,477 15,980
    MSCI INC CL A 16,435 102,932
    PNC FINL SVCS GROUP INC COM 105,422 152,796
    S&P GLOBAL INC COM 117,839 168,007
    SCHWAB CHARLES CORP NEW COM 102,348 203,354
    TOKIO MARINE HOLDINGS INC ADR 8,575 10,436
    US BANCORP DEL COM NEW 106,077 133,628
    WESTERN ALLIANCE BANCORP COM 72,722 79,338
    AMERICAN TOWER CORPORATION 35,045 87,165
    SBA COMMUNICATIONS CORP NEW CL A 34,486 129,933
    ICON PLC SHS 55,098 81,761
    JAZZ PHARMACEUTICALS PLC SHS USD 31,616 27,009
    MEDTRONIC PLC SHS 73,748 97,243
    ALCON INC ORD SHS 13,287 19,515
    ABBOTT LABORATORIES COM 87,992 140,881
    ALNYLAM PHARMACEUTICALS INC COM 55,518 60,540
    ASTRAZENECA PLC SPONSORED ADR 145,470 157,217
    AVANTOR INC COM 63,069 112,809
    CATALENT INC COM 46,048 59,790
    CHARLES RIV LABORATORIES INTL INC COM 62,925 108,513
    DANAHER CORP COM 19,610 188,523
    EDWARDS LIFESCIENCES CORP COM 31,962 120,093
    ENCOMPASS HEALTH CORP COM 34,871 59,452
    GOODRX HLDGS INC COM CL A 71,635 58,366
    HUMANA INC COM 23,764 64,013
    NOVARTIS AG SPONSORED ADR 17,261 17,407
    RESMED INC COM 59,354 90,126
    STRYKER CORP COM 18,924 87,714
    SYSMEX CORP ADR 13,804 25,252
    TANDEM DIABETES CARE INC COM NEW 40,250 63,820
    TELEFLEX INC COM 35,344 50,257
    THERMO FISHER CORP COM 34,607 168,144
    UNITEDHEALTH GROUP INC COM 49,064 277,181
    ZOETIS INC CL A 50,567 135,925
    GENPACT LIMITED SHS 29,435 51,010
    TE CONNECTIVITY LTD REG SHS 120,851 147,949
    ASML HOLDING N V NYREGISTRY SHS 12,684 28,661
    ADOBE INC. 41,831 157,076
    AMADEUS IT HLDG S A ADS 19,054 22,042
    AMPHENOL CORP CL A 40,245 109,325
    ANALOG DEVICES INC COM 60,309 125,851
    ANSYS INC COM 25,329 105,495
    APPLE INC COM 28,462 338,626
    AUTODESK INC COM 23,598 64,111
    AUTOMATIC DATA PROCESSING INC COM 28,479 109,728
    CDW CORP COM 54,195 87,646
    CADENCE DESIGN SYSTEM INC COM 59,441 129,513
    CISCO SYS INC COM 94,860 203,861
    DYNATRACE INC COM 36,043 58,479
    ENPHASE ENERGY INC COM 65,296 83,969
    ENTEGRIS INC COM 47,067 89,523
    EPAM SYS INC COM 13,582 206,551
    EURONET WORLDWIDE INC COM 13,059 14,896
    FIDELITY NATL INFORMATION SVCS INC COM 69,752 111,770
    FISERV INC COM 25,172 99,742
    FLEETCOR TECHNOLOGIES INC COM 29,228 41,410
    GLOBAL PMTS INC COM 50,214 79,215
    HEXAGON AB ADR 7,126 13,883
    KLA CORPORATION 36,762 79,570
    KEYSIGHT TECHNOLOGIES INC COM 51,118 121,015
    MARVELL TECHNOLOGY GROUP LTD COM 33,749 115,137
    MICROSOFT CORP COM 120,517 719,052
    MICROCHIP TECHNOLOGY INC COM 37,823 130,416
    ON SEMICONDUCTOR CORP COM 54,679 62,758
    PTC INC COM 41,439 93,891
    PALO ALTO NETWORKS INC COM 98,325 129,168
    QUALCOMM INC COM 45,556 147,576
    SALESFORCE COM INC COM 135,660 191,614
    SKYWORKS SOLUTIONS INC COM 13,348 48,714
    SMARTSHEET INC COM CL A 52,996 77,760
    SYNOPSYS INC COM 56,650 109,445
    TAIWAN SEMICONDUCTOR MFG CO LTD SPONSORED ADR 8,629 18,528
    TEMENOS AG SPONSORED ADR 11,040 10,237
    TWILIO INC CL A 40,632 39,764
    VARONIS SYS INC COM 66,648 62,097
    VISA INC COM CL A 135,383 294,075
    AMERICAN WTR WKS CO INC NEW COM 39,670 59,113
    NEXTERA ENERGY INC COM 101,895 189,054
    TWEEDY BROWNE INTERNATIONAL FUND #001 1,010,946 1,098,344

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    CFP Foundation
    EIN:
    76-0537479
    US Government Securities - End of Year Book Value:

    7,485,215
    US Government Securities - End of Year Fair Market Value:

    7,457,320
    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:
    CFP Foundation
    EIN:
    76-0537479
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    Alystone Capital LP AT COST 9,615,428 14,712,145

    TY 2021 OtherExpensesSchedule
    Name:
    CFP Foundation
    EIN:
    76-0537479
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative service fees 131,732 63,637   68,095
    Bank charges 216 216   0
    Partnership K-1 expenses 202,206 202,206   0
    Foreign currency loss 17 17   0
    Insurance 1,968 984   984
    Dues and subscriptions 500 0   500


    TY 2021 OtherIncomeSchedule2
    Name:
    CFP Foundation
    EIN:
    76-0537479
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Passthrough K-1 Income 17,128 17,128 17,128


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    CFP Foundation
    EIN:
    76-0537479
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment management fees 147,432 147,432   0


    TY 2021 TaxesSchedule
    Name:
    CFP Foundation
    EIN:
    76-0537479
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Excise tax 115,000 0   0
    Foreign tax 5,886 5,886   0