TY 2021 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0047

2021

Open to Public Inspection

For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021

Name of foundation
LYNNE RUFFIN-SMITH CHARITABLE FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)1 RIGHTER PARKWAY 120
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
WILMINGTON, DE198031533

A Employer identification number

45-0521059

B Telephone number (see instructions)

(302) 573-5812

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$12,763,929J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)	938,440
2	Check .............
3	Interest on savings and temporary cash investments	29		29
4	Dividends and interest from securities...	317,970		316,407
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		810,381
b	Gross sales price for all assets on line 6a 4,440,062
7	Capital gain net income (from Part IV, line 2)...			810,381
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).......		46,939	0
12	Total. Add lines 1 through 11........	2,113,759		1,126,817
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).........		22,170	0	22,170
b	Accounting fees (attach schedule).......		2,845	0	2,845
c	Other professional fees (attach schedule)....		197,990	197,990	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		45,343	11,031	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		1,660	830	830
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	270,008		209,851	25,845
25	Contributions, gifts, grants paid.......	680,101			680,101
26	Total expenses and disbursements. Add lines 24 and 25	950,109		209,851	705,946
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	1,163,650
b	Net investment income (if negative, enter -0-)			916,966
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2021)

Form 990-PF (2021)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	2,189	182,546	182,546
	2	Savings and temporary cash investments.........	133,783
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	271,933	683,225	674,006
	b	Investments—corporate stock (attach schedule).......	2,747,071	2,810,983	3,745,961
	c	Investments—corporate bonds (attach schedule).......	207,012	307,289	303,929
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	5,725,792	6,261,812	7,557,788
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	749,845	749,845	299,699
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	9,837,625	10,995,700	12,763,929
	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 )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	9,837,625	10,995,700
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds
	29	Total net assets or fund balances (see instructions).....	9,837,625	10,995,700
	30	Total liabilities and net assets/fund balances (see instructions).	9,837,625	10,995,700

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............

9,837,625

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

1,163,650

Other increases not included in line 2 (itemize) bullet

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

11,001,277

Decreases not included in line 2 (itemize) bullet

5,577

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

10,995,700

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
1 a	PUBLICLY TRADED SECURITIES - LT	P
b	PUBLICLY TRADED SECURITIES - ST	P
c	PUBLICLY TRADED SECURITIES - LT NON COVERED	P
d	PUBLICLY TRADED SECURITIES - ST NON COVERED	P
e	CAPITAL GAINS DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	1,822,451	1,310,349	512,102
b	2,528,668	2,257,294	271,374
c	985		985
d	59,817	62,038	-2,221
e	28,141		28,141

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			512,102
b			271,374
c			985
d			-2,221
e			28,141

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	810,381
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Form 990-PF (2021)

Page 4

Part V

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	12,746
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	12,746
6	Credits/Payments:

a	2021 estimated tax payments and 2020 overpayment credited to 2021	6a	22,432
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	10,000
d	Backup withholding erroneously withheld ...........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	32,432
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.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	19,686
11	Enter the amount of line 10 to be: Credited to 2022 estimated tax19,686	Refunded	11	0

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ 0(2) On foundation managers. bullet

$ 0

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

on foundation managers. bullet

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XIV..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.

If "Yes," complete Part XIII .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2021)

Page 5

Part VI-A

Statements Regarding Activities (continued)

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement. See instructions.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

SHANA PINTER Telephone no. bullet

(302) 573-5812

Located at bullet

1 RIGHTER PARKWAY 120WILMINGTONDE ZIP+4 bullet

19803

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here ......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ........ bullet

16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country? .................

16 No

See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country bullet

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........

1a(1)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........

1a(3)

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............

1a(4)

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)? ......................

1a(5)

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.) ...............

1a(6)

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2021? .............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2021, did the foundation have any undistributed income (lines 6d

and 6e, Part XII) for tax year(s) beginning before 2021?....................

If "Yes," list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2021.) .....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..

Form 990-PF (2021)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive? ....................

5a(2)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals? .............

5a(5)

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........

Organizations relying on a current notice regarding disaster assistance check here ......... bullet

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant? .................

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or

excess parachute payment during the year? .........................

Part VII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation. See instructions

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
FIRST STATE TRUST COMPANY	DIRECTOR 2.00	0	0	0
1 RIGHTER PARKWAY 120 WILMINGTON,DE19803	DIRECTOR 2.00	0	0	0
DAVID STRAUS	MANAGING DIRECTOR 2.00	0	0	0
1 RIGHTER PARKWAY 120 WILMINGTON,DE19803	MANAGING DIRECTOR 2.00	0	0	0
BARBARA DANBERG	PRESIDENT, SECRETARY, TREASURER 2.00	0	0	0
1 RIGHTER PARKWAY 120 WILMINGTON,DE19803	PRESIDENT, SECRETARY, TREASURER 2.00	0	0	0

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

Form 990-PF (2021)

Page 7

Part VII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. bullet

Part VIII-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


2


3


4

Part VIII-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Form 990-PF (2021)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

12,012,540

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

174,152

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

299,699

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

12,486,391

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

12,486,391

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

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

187,296

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

12,299,095

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

614,955

Part X

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow

and do not complete this part.)

Minimum investment return from Part IX, line 6..................

614,955

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

12,746

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

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

12,746

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

602,209

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

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

602,209

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

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

602,209

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

Program-related investments—total from Part VIII-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.

Form 990-PF (2021)

Page 9

Part XII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2020	(c) 2020	(d) 2021
1 Distributable amount for 2021 from Part X, line 7					602,209
2 Undistributed income, if any, as of the end of 2021:
a Enter amount for 2020 only.......				0
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2021:
a From 2016......	692,059
b From 2017......	792,944
c From 2018......	509,381
d From 2019......
e From 2020......	145,629
f Total of lines 3a through e ........		2,140,013
4Qualifying distributions for 2021 from Part
XI, line 4: $ 705,946
a Applied to 2020, but not more than line 2a				0
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2021 distributable amount.....					602,209
e Remaining amount distributed out of corpus		103,737
5 Excess distributions carryover applied to 2021.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		2,243,750
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2019. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2021. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2022 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2016 not applied on line 5 or line 7 (see instructions) ...		692,059
9 Excess distributions carryover to 2022. Subtract lines 7 and 8 from line 6a ......		1,551,691
10 Analysis of line 9:
a Excess from 2017....	792,944
b Excess from 2018....	509,381
c Excess from 2019....
d Excess from 2020....	145,629
e Excess from 2021....	103,737

Form 990-PF (2021)

Page 10

Part XIII

Private Operating Foundations (see instructions and Part VI-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section 4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2021	(b) 2020	(c) 2019	(d) 2018	(e) Total

b 85% (0.85) of line 2a .........
c Qualifying distributions from Part XI, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part IX, line 6 for each year listed ..
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XIV

Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:

SHANA PINTER
1 RIGHTER PARKWAY STE 120
WILMINGTON,DE19803
(302) 573-5812

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

THE APPLICATION MUST INCLUDE A IRS 501(C)(3) DETERMINATION LETTER OR COMPLY WITH EXPENDITURE RESPONSIBILITY REQUIREMENTS

cAny submission deadlines:

THERE ARE NO SUBMISSION DEADLINES.

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

THERE ARE NO AWARD RESTRICTIONS OR LIMITATIONS.

Form 990-PF (2021)

Page 11

Part XIV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
CATHOLIC CHARITIES OF SOUTHERN NEVADA 1501 LAS VEGAS BLVD NORTH LAS VEGAS,NV89101	NONE	PC	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION	67,891
DISABLED AMERICAN VETERANS 2536 W FALLING STAR LOOP POST FALLS,ID83854	NONE	NC	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION	33,946
GIRL SCOUTS OF SOUTHERN NEVADA 2941 HARRIS AVENUE LAS VEGAS,NV89101	NONE	PC	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION	9,505
LOU RUVO BRAIN INSTITUTE 888 W BONNEVILLE AVE LAS VEGAS,NV89106	NONE	PC	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION	271,565
MAKE-A-WISH FOUNDATION OF SOUTHERN NEVADA 9950 COVINGTON CROSS DRIVE LAS VEGAS,NV89144	NONE	PC	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION	33,946
NATHAN ADELSON HOSPICE FOUNDATION 4141 UNIVERSITY CENTER DRIVE LAS VEGAS,NV89119	NONE	PC	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION	23,762
OLYMPIA COMPANIES SOUTHERN HIGHLANDS CHARITABLE FOUNDATION 11411 SOUTHERN HIGHLANDS PARKWAY SUITE 300 LAS VEGAS,NV89141	NONE	PC	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION	11,881
SOUTHERN NEVADA LAW ENFORCEMENT MEMORIAL FOUNDATION PO BOX 777218 HENDERSON,NV890777218	NONE	PC	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION	17,821
ST ROSE DOMINICAL HEALTH FOUNDATION 3001 ST ROSE PARKWAY HENDERSON,NV89052	NONE	PC	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION	54,652
THE SHADE TREE INCORPORATED 1 W OWENS AVENUE N LAS VEGAS,NV89030	NONE	PC	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION	33,946
VEGAS PBS 3050 E FLAMINGO ROAD LAS VEGAS,NV89121	NONE	PC	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION	23,762
WICHITA ART MUSEUM 1400 WEST MUSEUM BLVD WICHITA,KS67203	NONE	PC	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION	54,652
KECK MEDICINE OF USC 1510 SAN PABLO ST LOS ANGELES,CA90033	NONE	PC	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION	19,010
CORE POWERED BY THE ROGERS FOUNDATION 701 S 9TH STREET LAS VEGAS,NV89101	NONE	PC	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION	11,881
BISHOP GORMAN HIGH SCHOOL - DIOCESE OF LAS VEGAS 5959 S HUALAPAI WAY LAS VEGAS,NV89148	NONE	PC	TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION	11,881
Total ................................. 3a				680,101

bApproved for future payment

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

Form 990-PF (2021)

Page 12

Part XV-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........			14	29
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	810,381
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: a2018 TAX REFUND			01	46,939
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		0		1,175,319	0

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

1,175,319

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2021)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Yes

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........Yes No

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2021)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

Schedule B
(Form 990)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2021

Name of the organization

LYNNE RUFFIN-SMITH CHARITABLE FOUNDATION

Employer identification number

45-0521059

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Arrow Bullet

Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990) (2021)

Schedule B (Form 990) (2021) Page 2

Name of organization LYNNE RUFFIN-SMITH CHARITABLE FOUNDATION

Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
1	LYNNE RUFFIN CLAT #1 500 SHETLAND ROAD LAS VEGAS, NV89107	$ 938,440	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2021)

Schedule B (Form 990) (2021)

Page 3

Name of organization LYNNE RUFFIN-SMITH CHARITABLE FOUNDATION		Employer identification number 45-0521059

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990) (2021)

Schedule B (Form 990) (2021)

Page 4


Name of organization LYNNE RUFFIN-SMITH CHARITABLE FOUNDATION			Employer identification number 45-0521059
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990) (2021)

Additional Data

Software ID:
Software Version:

- TIN:

TY 2021 AccountingFeesSchedule

Name:

LYNNE RUFFIN-SMITH CHARITABLE FOUNDATION

EIN:

45-0521059

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING FEES	2,845	0		2,845

- TIN:

TY 2021 InvestmentsCorpBondsSchedule

Name:

LYNNE RUFFIN-SMITH CHARITABLE FOUNDATION

EIN:

45-0521059

Name of Bond	End of Year Book Value	End of Year Fair Market Value
SHELL INTERNATIONAL FIN BV	31,186	30,777
VERIZON COMMUNICATIONS INC	30,521	30,012
CVS HEALTH CORP	30,574	30,321
WELLS FARGO & CO	31,548	31,196
CITIGROUP INC	31,631	31,299
COMCAST CORP NEW	29,943	29,540
JP MORGAN CHASE BANK NA	40,909	40,303
GOLDMAN SACHS GROUP INC	30,345	29,750
BANK AMER CORP	30,400	29,973
ENTERPRISE PRODS OPER LLC	20,232	20,758

- TIN:

TY 2021 InvestmentsCorpStockSchedule

Name:

LYNNE RUFFIN-SMITH CHARITABLE FOUNDATION

EIN:

45-0521059

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ADIDAS AG	17,623	20,448
ADIENT PLC COM	6,370	6,368
ADOBE INC	30,436	44,231
ADVANCE AUTO PARTS	4,948	8,876
AENA SME SA UNSP ADR	18,121	16,327
AIA GROUP LTD SPON ADR	17,176	21,090
AKZO NOBEL NV ADR	9,741	13,484
ALASKA AIR GROUP INCORPORATED	2,724	3,178
ALBANY INTL A NEW	2,762	3,715
ALCON INC	29,578	41,469
ALIBABA GROUP HLDG LTD	8,311	4,870
ALLEGION PUB LTD CO	7,001	6,622
ALLEGRO MICROSYSTEMS INC	2,066	2,207
ALSTOM ADR	21,945	16,274
AMADEUS IT GROUP S.A ADR	28,072	32,370
AMAZON COM INC	31,811	43,346
AMERICAS CAR-MART INC	1,373	1,843
AMERIPRISE FINCL INC	9,424	21,720
AMGEN INC	17,778	17,773
AMN HEALTHCARE SVCS INC	4,440	5,872
AMYRIS INC	1,882	1,163
ANSYS INC	20,170	30,084
ANTERO MIDSTREAM CORP	2,561	4,017
APPLE INC	10,316	23,084
APTIV PLC	5,361	9,402
ARBOR REALTY TRUST INC	3,399	4,378
ARCELORMITTAL CL A NY REGISTRY	4,351	7,894
ARROW ELECTRONICS	7,197	8,862
ASML HOLDING NV NY REG NEW	20,013	47,768
ASTRAZENECA PLC ADR	42,965	43,338
ATHENE HLDG LTD	5,123	11,166
ATLASSIAN CORP PLC	4,562	8,388
AXA ADR	13,422	20,065
BALCHEM CORP	2,064	2,360
BANCO BILBAO VIZCAYA ARGENTARIA S A	3,552	7,408
BANK OZK	1,942	3,722
BARCLAYS PLC ADR	19,578	33,803
BASF SE SPONS ADR	16,348	21,702
BAYER A GADRMODEL	10,036	8,500
BAYERISCHE MOTOREN ADR	8,527	15,597
BENTLEY SYS INC	3,323	2,320
BIOMARIN PHARMACEUTICAL INC	5,255	4,948
BNP PARIBAS ADR	1,053	2,366
BOX INC	4,786	4,924
BP AMOCO PLC	26,599	30,651
BRIDGESTONE CORP UNSONS ADR	16,612	19,005
BRITISH AMERN TOB PLC SPNS ADR	16,616	16,348
BRUKER CORP	7,291	9,817
BUILDERS FIRSTSOURCE INC	3,740	5,314
BUNZL PLC SPONS ADR	12,074	19,457
BURBERRY GROUP	7,787	10,733
CAIXABANK	11,326	16,729
CALLON PETE CO DEL	3,112	2,741
CANADIAN NATIONAL RAILWAY CO	20,666	24,203
CAPITAL ONE FINL CORP	14,282	27,422
CARPENTER TECHNOLOGY CORP	3,078	2,948
CARS COM INC	1,042	949
CATALNET INC	6,329	6,017
CENTURY ALUM CO	1,978	2,749
CHARLES RIV LABORATORIES INTL INC	4,911	10,550
CHEF'S WAREHOUSE	2,063	3,763
CHEMOURS CO	4,344	7,081
CHOICE HOTELS INTL INC	4,222	4,836
CHUBB LTD	8,893	15,078
CINCINNATI FINL CORP	11,193	18,798
COCA COLA CO	14,867	19,658
COEUR D'ALENE MINES CORPORATION	6,980	3,457
COMMERCE BANCSHARES INC	9,233	11,755
COMPAGNIE FIN RICHEMONTAG	14,119	39,752
COMPASS GROUP PLC	14,356	17,764
CONSTELLATION BRANDS INC	13,085	13,803
CORTEVA INC	11,811	22,742
COTERRA ENERGY INC	12,291	12,711
CRACKER BARREL	4,195	4,116
CREDICORP LIMITED	4,827	5,005
CREDIT SUISSE GROUP-SPON ADR	19,253	15,684
CROWN CASTLE INTL CORP NEW	16,955	21,709
CULLEN FROST BANKERS INC	8,194	13,994
CYRUSONE INC	10,333	12,561
DAIMLER AG	12,321	13,188
DANAHER CORP	17,986	37,507
DANONE-SPONS ADR	17,575	16,429
DEXCOM	4,267	6,443
DIAGEO PLC ADR	14,132	22,454
DINEEQUITY INC	1,764	3,032
DIODES INC	2,721	2,745
DNB ASA	10,234	18,784
DOMO INC COM CL B	3,260	1,934
DRIL-QUIP INC	1,201	886
EAST WEST BANCORP INC	3,978	9,363
EASTMAN KODAK CO	4,325	2,125
EATON CORP PLC	7,444	8,295
ECOLAB INC	18,541	20,175
ELANCO ANIMAL HEALTH INC	8,838	13,225
ELEMENT SOLUTIONS INC	988	2,161
ENCOMPASS HEALTH CORP	7,442	5,547
ENCORE CAPITAL GROUP INC	2,067	2,857
ENEL SPA ADR	27,775	25,265
ENTEGRIS INC	8,099	9,008
EQUINIX INC NEW	7,971	10,150
EQUINOR ASA	9,514	15,482
EQUITY LIFESTYLE PROPERTIES REIT	7,129	10,256
ERSTE GROUP BANK AG SPONS ADR	6,824	15,989
EVERCORE PARTNERS INC CL A	4,879	9,510
EVOLENT HEALTH INC	3,092	7,941
EVOQUA WATER TECHNOLOGIES CORP	5,131	8,181
EXLSERVICE HOLDINGS	3,225	3,764
FANUC LTD UNSPONS ADR	32,492	35,767
FIDELITY NATL INFORMATION SVCS	9,198	7,422
FIRST AMERICAN FINANCIAL CORPORATION	5,392	5,867
FLAGSTAR BANCORP	1,861	3,116
FLOOR & DECOR HLDGS INC	841	2,210
GENERAL DYNAMICS CORP	10,589	16,052
GEVO INC	2,003	1,168
GLAXO SMITHKLINE SPONSORED ADR	24,144	26,151
GOPRO INC CLASS A	6,290	5,763
GREEN PLAINS RENEWABLE ENERGY	6,483	6,361
GRUPO FINANCIERO BANORTE- SPON ADR	2,573	5,390
HDFC BK LTD SPONS ADR	10,024	17,829
HENRY SCHEIN INC	6,278	6,435
HOME DEPOT INC	6,267	10,375
HONEYWELL INTL INC	22,677	20,434
HONG KONG EXCHANGES UNSPONS ADR	10,259	18,190
IBERDROLA SPONS ADR	9,605	11,519
IHS MARKIT LTD	4,659	9,304
INFINEON TECHNOLOGIES AG ADR	13,263	29,210
ING GROEP NV SPONSORED ADR	2,821	6,932
INNOVATIVE INDL PPTYS INC	2,324	4,732
INSIGHT ENTERPRISES INC	3,611	3,838
INTEGRA LIFESCIENCES CORP COM	4,728	4,220
INTESA SANPAOLO SPONS ADR	12,057	14,797
INTUITUVE SURGICAL INC	6,444	6,827
IRONWOOD PHARMACEUTICALS INC	4,099	4,163
JABIL CIRCUIT INC	7,534	9,708
JOHNSON CTLS INTL PLC	8,448	23,417
KBR INC	1,013	1,048
KEMPER CORPORATION	3,683	2,940
KNORR BREMSE AG	12,888	12,344
KORN FERRY INTL	2,185	3,408
KUBOTA LTD SPONS ADR	12,691	12,624
LANDSTAR SYS INC	5,367	7,340
LENNAR CORP	12,250	24,161
LONZA GROUP AG UNSPONS ADR	14,058	23,547
M/I HOMES, INC.	2,217	3,233
MA-COM TECHNOLOGY SOLUTIONS	3,250	3,367
MANHATTAN ASSOCS INC	7,652	7,308
MARTIN MARIETTA MATLS INC	9,788	24,229
MAXLINEAR INC CLASS A	2,756	2,865
MEDTRONIC PLC	14,672	16,242
MERCADOLIBRE INC	21,113	28,316
META PLATFORMS (FACEBOOK INC)	22,168	31,281
MICHELIN (CGDE) UNSPONS ADR	15,352	21,051
MICROCHIP TECHNOLOGY INC	12,784	25,422
MICROSOFT CORP	39,952	72,645
MITSUBISHI UFJ FINANCIAL-ADR	6,455	9,042
MONSTER BEVERAGE CORP NEW	6,505	8,740
MURATA MFG CO LTD UNSPONS ADR	12,369	17,376
MURPHY OIL CORP	6,192	7,859
NATERA INC	5,597	4,483
NATIONAL GRID PLC	12,569	16,417
NATIONAL VISION HLDGS INC	3,999	3,503
NCR CORP NEW	6,394	6,673
NESTLE SA SPONS ADR FOR REG	23,160	30,741
NETFLIX COM INC	12,163	12,651
NEW RESIDENTIAL INVT CORP	6,649	6,340
NEW YORK MORTGAGE TRUST INC	1,854	1,864
NEWELL RUBBERMAID INC	6,563	5,678
NICE SYSTEMS LTDSONS ADR	14,746	14,876
NIKE INC CLASS B	8,791	9,334
NOVARTIS AG SPONSORED ADR	29,964	30,964
NVIDIA CORP	6,615	20,588
NXP SEMICONDUCTORS NV	3,706	7,061
OGE ENERGY CORP	7,489	8,482
OMNICELL INC	2,527	2,526
ONEMAIN HOLDINGS INC	3,260	3,903
OVINTIV INC	4,521	8,425
OXFORD INDUSTRIES INC	1,082	2,538
PACIRA PHARMACEUTICALS	3,596	4,693
PALO ALTO NETWORKS INC	5,734	12,805
PARKER HANNIFIN CORP	13,515	25,131
PATTERSON -UTI ENERGY INC	2,840	2,273
PAYPAL HLDGS INC	18,832	21,498
PDC ENERGY INC	2,968	9,415
PEABODY ENERGY CORP NEW	3,306	2,820
PENNYMAC FINL SVCS INC	5,332	5,862
PERKINELMER INC	8,254	10,656
PERNOD-RICARD SA-UNSPON ADR	8,239	10,472
PERRIGO CO LTD	7,430	6,341
PHILLIPS 66	13,701	13,115
PILGRIM'S PRIDE CORP	1,517	2,087
PNC FINANCIAL SERVICES GROUP	12,528	21,857
PREMIER INC	4,063	4,405
PROCTER & GAMBLE CO	18,231	22,083
PRUDENTIAL PLC-ADR	16,756	19,969
PT BANK MANDIRI UNSPONS ADR	6,634	7,485
QUALCOMM INC	10,796	25,419
QUALYS INC	3,036	3,156
RPM INTERNATIONAL INC	12,560	17,271
RAMBUS INC	1,584	1,646
RAYTHEON TECHNOLOGIES CORP	5,451	7,745
REALOGY HOLDINGS CORP	1,709	3,278
RECKITT BENCKISER GROUP	23,173	23,170
REINSURANCE GROUP OF AMERICA INC	7,730	6,350
RELX PLC SPON ADR	7,996	10,631
ROCHE HLDG LTD SPONS ADR	41,245	48,847
ROLLS-ROYCE GROUP-SPONS ADR	37,874	40,455
ROYAL DUTCH-ADR A	35,794	41,447
RWE AKTIENGESELLSCHAF-SP ADR	19,378	20,946
RYANAIR HLDGS PLC ADR	9,892	14,531
SALESFORCE.COM	13,933	18,043
SANDS CHINA LTD	18,369	11,917
SANGAMO THERAPEUTICS INC	2,609	1,755
SANOFI-AVENTIS ADR	30,112	30,912
SAP AG	36,904	41,192
SCHNEIDER ELEC SA UNSP ADR	19,225	41,053
SEA LIMITED ADR	16,620	19,239
SELECT MEDICAL HLDGS CP	3,372	2,734
SERVICE PPTYS TR SH BEN INT	4,250	2,628
SIEMENS AKTIENGESELLSCHAFT	24,484	32,475
SIKA AG ADR	6,737	13,964
SIMPSON MANUFACTURING CO INC	2,352	2,920
SINCLAIR BROADCAST GP CL A	2,537	2,009
SLM CORPORATION	9,208	11,900
SM ENERGY COMPANY	5,390	6,102
SMC CORP JAPAN SPONSORED ADR	19,249	25,381
SONIC AUTOMOTIVE INC CL A	2,223	2,027
SONY GROUP CORPORATION ADR	29,751	59,661
SPECTRUM BRANDS HLGS INC NEW	2,999	3,560
SPLUNK INC	6,633	4,976
SPROUT FARMERS MARKET INC	10,257	11,249
SPS COMMERCE INC	4,249	3,701
STEEL DYNAMICS INC	6,591	10,552
SUMITOMO MITSUI-SPONS ADR	9,688	12,494
SUN COMMUNITIESINC.	6,628	10,499
SVENSKA HANDELSB-A-UNSP ADR	15,258	15,874
SWEDBANK AB-ADR	10,671	11,006
TAIWAN SEMICONDUCTOR SPONS ADR	13,397	32,363
TAKEDA PHARMACEUTICAL COMPANY ADR (JAPAN)	30,495	22,012
TECHTRONIC INDUSTRIES COMPANY LTD.	6,962	15,506
TENCENT HLDGS LTD UNSPONS ADR	22,347	23,786
TERADATA CORP	6,977	5,394
TEXTRON INC	5,646	10,962
THERMO FISHER SCIENTIFIC INC	8,107	16,014
TOTAL S.A. SPON ADR	23,695	30,665
TRACTOR SUPPLY CO	5,110	7,397
TRAVEL PLUS LEISURE CO	4,402	5,361
TRONOX HOLDINGS PLC	1,433	4,253
TURTLE BEACH CORP	2,077	1,580
TWITTER INC	10,654	14,263
TWO HBRS INVT CORP	3,738	2,879
TYSON FOODS INC CLASS A	9,371	13,858
US PHYSICAL THERAPY INC	1,482	1,815
UBER TECHNOLOGIES INC	8,436	9,183
UIPATH INC CL A	4,048	2,588
ULTA BEAUTY INC	4,789	9,484
UNDER ARMOUR INC CL A	1,970	1,822
UNICREDIT SPA-ADR	18,820	37,413
UNILEVER PLC	24,624	23,452
UNITED NAT FOODS INC	4,655	11,485
UNITED PARCEL SERVICE CL B	5,964	13,289
UNITEDHEALTH GROUP INC	9,804	17,073
US FOODS HLDG CORP	4,294	5,399
VALEO SA-SPONS ADR	7,036	7,709
VESTAS WIND UNSPONS ADR	12,699	18,031
VICOR CORP	2,033	1,905
VINCI SA - ADR	9,652	11,997
VIRTU FINL INC CL A	6,636	6,371
VISA INC-CLASS A	20,394	22,972
VISHAY INTERTECHNOLOGY INC	3,897	3,368
VISTRA ENERGY CORP	7,258	8,243
VOLKSWAGEN AG ADR	13,966	14,045
VOYA FINL INC	3,403	4,575
W W GRAINGER INC	5,560	9,847
WALGREENS BOOTS ALLIANCE INC	6,821	9,024
WALKER & DUNLOP INC	1,434	4,376
WALT DISNEY CO HLDG CO	6,635	8,209
WESCO INTL INC	5,686	8,685
WESTERN ALLIANCE BANCORP	3,453	3,122
WORKDAY INC CL A	7,002	8,195
WORLD WRESTLING ENTMNT	6,154	6,809
XYLEM INC COM	10,586	20,506
YEXT INC	2,399	1,686
ZOETIS INC CLASS-A	8,344	15,618
ZURICH INSURANCE GRP LTD ADR	17,806	21,120

- TIN:

TY 2021 InvestmentsGovtObligationsSch

Name:

LYNNE RUFFIN-SMITH CHARITABLE FOUNDATION

EIN:

45-0521059

US Government Securities - End of Year Book Value:

683,225

US Government Securities - End of Year Fair Market Value:

674,006

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

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

- TIN:

TY 2021 InvestmentsOtherSchedule2

Name:

LYNNE RUFFIN-SMITH CHARITABLE FOUNDATION

EIN:

45-0521059

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
ISHARES CORE MSCI EAFE ETF	AT COST	316,342	442,167
ISHARES CORE MSCI EMERGING	AT COST	247,011	339,287
ISHARES RUSSEL 3000 GROWTH	AT COST	365,442	623,300
ISHARES CORE S&P US VALUE	AT COST	685,032	1,035,552
ISHARES IBOXX H/Y CORP BOND ETF	AT COST	342,619	367,269
PIMCO ENHANCED SHORT MATURITY	AT COST	606,449	606,516
SPDR SER TR PORTFOLIO SP400	AT COST	238,632	400,457
AMERICAN BEACON AHL MGD FUTS STRAT	AT COST	166,426	157,890
BLACKROCK EVENT DRIVEN EQUITY INSTL	AT COST	97,977	100,025
BLACKROCK GLOBAL LONG SHORT EQUITY FUND	AT COST	151,439	151,178
BNY MELLON FAMILY OF FUNDS GLB RL RTRN I	AT COST	91,268	106,112
COHEN & STEERS GL REALTY I	AT COST	242,311	252,557
DIAMOND HILL LONG-SHORT FUND	AT COST	82,310	99,697
DRIEHAUS EVENT DRIVEN INSTL	AT COST	70,340	78,267
GOLDMAN SACHS ABSLT RET TRCK I	AT COST	139,410	145,815
HARTFORD SCHRODER EM MKT EQ I	AT COST	450,113	622,004
JHF SEAPORT LONG/SHORT FUND I	AT COST	106,435	112,583
JOHN HANCOCK DVRSFD MACRO I	AT COST	104,071	97,934
LOCORR MARKET TREND I	AT COST	96,226	97,464
NEUBERGER BERMAN LG SH INST	AT COST	86,952	89,549
PIMCO COMM REAL RET STRAT I2	AT COST	190,782	253,755
PIMCO CREDIT OPP BD I2	AT COST	135,138	134,457
PIMCO MORTGAGE OPP & BD I2	AT COST	153,074	153,486
WA SMASH SRS CR PLS COMPLETION	AT COST	534,214	527,915
WESTERN ASSET MACRO OPPORT I	AT COST	110,127	119,194
WESTERN ASSET SMASH SERIES C	AT COST	186,847	188,333
LEGG MASON SMASH SERIES M	AT COST	264,825	255,025

- TIN:

TY 2021 LegalFeesSchedule

Name:

LYNNE RUFFIN-SMITH CHARITABLE FOUNDATION

EIN:

45-0521059

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
LEGAL FEES	22,170	0		22,170

- TIN:

TY 2021 OtherAssetsSchedule

Name:

LYNNE RUFFIN-SMITH CHARITABLE FOUNDATION

EIN:

45-0521059

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
JEWELRY	749,845	749,845	299,699

- TIN:

TY 2021 OtherDecreasesSchedule

Name:

LYNNE RUFFIN-SMITH CHARITABLE FOUNDATION

EIN:

45-0521059

Description	Amount
BOOK/TAX DIFFERENCE	5,577

- TIN:

TY 2021 OtherExpensesSchedule

Name:

LYNNE RUFFIN-SMITH CHARITABLE FOUNDATION

EIN:

45-0521059

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INSURANCE	1,660	830		830

- TIN:

TY 2021 OtherIncomeSchedule2

Name:

LYNNE RUFFIN-SMITH CHARITABLE FOUNDATION

EIN:

45-0521059

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
2018 TAX REFUND	46,939		46,939

- TIN:

TY 2021 OtherIncreasesSchedule

Name:

LYNNE RUFFIN-SMITH CHARITABLE FOUNDATION

EIN:

45-0521059

Description	Amount
ROUNDING DIFFERENCE	2

- TIN:

TY 2021 OtherProfessionalFeesSchedule

Name:

LYNNE RUFFIN-SMITH CHARITABLE FOUNDATION

EIN:

45-0521059

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
OTHER PROFESSIONAL FEES	197,990	197,990		0

- TIN:

TY 2021 TaxesSchedule

Name:

LYNNE RUFFIN-SMITH CHARITABLE FOUNDATION

EIN:

45-0521059

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAX	11,031	11,031		0
ESTIMATED TAX PAYMENTS	34,312	0		0