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
COMMANDER AND MRS ROBERT KRAUSE FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)132 STATE ST
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
HARBOR BEACH, MI48441
A Employer identification number

52-7317516
B Telephone number (see instructions)

(989) 479-6148
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$1,010,606J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 13,738 13,738 13,738
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 100,933
b Gross sales price for all assets on line 6a 337,446
7 Capital gain net income (from Part IV, line 2)... 100,933
8 Net short-term capital gain......... 13,644
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).......      
12 Total. Add lines 1 through 11........ 114,671 114,671 27,382
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 21,562 21,562 21,562  
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 869 869 869  
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 22,431 22,431 22,431 0
25 Contributions, gifts, grants paid....... 41,550 41,550
26 Total expenses and disbursements. Add lines 24 and 25 63,981 22,431 22,431 41,550
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 50,690
b Net investment income (if negative, enter -0-) 92,240
c Adjusted net income (if negative, enter -0-)... 4,951
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 16,953 21,089 21,089
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) 84,583 Click to see attachment133,987 138,806
b Investments—corporate stock (attach schedule)....... 455,982 Click to see attachment441,715 753,240
c Investments—corporate bonds (attach schedule)....... 74,263 Click to see attachment82,099 84,317
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 9,596 Click to see attachment13,177 13,154
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) 641,377 692,067 1,010,606
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
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 641,377 692,067
29 Total net assets or fund balances (see instructions)..... 641,377 692,067
30 Total liabilities and net assets/fund balances (see instructions). 641,377 692,067
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
641,377
2
Enter amount from Part I, line 27a .....................
2
50,690
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
692,067
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
692,067
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 14 SH ALTRIA GROUP INC P 2015-06-10 2021-01-05
b 104 SH APPLE INC P 2016-07-13 2021-01-20
c 19 SH DOLLAR GENERAL CORP P 2018-12-10 2021-01-05
d 48.8 SH VONTIER CORP P 2019-12-18 2021-01-05
e 51 SH ALTRIA GROUP P 2020-03-10 2021-01-05
7 SH DOLLAR GENERAL CORP P 2020-04-08 2021-01-27
27 SH NXP SEMICONDUCTORS N.V. P 2020-06-15 2021-01-20
61 SH RAYMOND JAMES FINL INC P 2020-06-16 2021-01-27
17 SH REINSURANCE GROUP AMERICA P 2020-10-21 2021-01-13
6.2 SH VONTIER CORP P 2020-04-08 2021-01-07
6000 SH US TSY 3.125% P 2019-05-16 2021-02-19
16 SH APPLE INC P 2016-07-13 2021-02-19
55 SH QUANTA SERVICES INC P 2020-04-16 2021-02-09
10 SH RAYMOND JAMES FINL INC P 2020-06-17 2021-01-28
29 SH REINSURANCE GROUP AMERICA P 2020-11-04 2021-02-11
48 SH ALLY FINL INC P 2018-02-12 2021-03-15
5 SH ALIBABA GROUP HOLDING LT P 2019-09-05 2021-03-15
2 SH ALPHABET INC SHS CL C P 2012-06-29 2021-03-15
1 SH ALPHABET INC SHS CL A P 2012-06-28 2021-03-15
4 SH APPLE INC P 2012-06-28 2021-03-15
2 SH BIOGEN INC P 2016-08-30 2021-03-15
34 SH BP PLC SPON ADR P 2015-06-15 2021-03-15
65 SH CORTEVA INC REG SHS P 2019-05-15 2021-03-15
121 SH COGNIZANT TECH SOLUTNS A P 2020-02-20 2021-03-23
65 SH CHEVRON CORP P 2019-12-09 2021-03-05
52 SH CISCO SYSTEMS INC COM P 2013-08-08 2021-03-15
22 SH DOLLAR TREE INC P 2019-03-06 2021-03-15
103 SH FOX CORP REG SHS CL A P 2019-12-11 2021-03-03
8 SH FACEBOOK INC P 2020-02-04 2021-03-15
22 SH FORIVE CORP P 2017-07-14 2021-03-15
21 SH GENERAL MOTORS CO P 2020-01-15 2021-03-15
19 SH JPMORGAN CHASE & CO P 2012-06-14 2021-03-15
11 SH KONINKL PHIL NV SH NEW P 2020-01-28 2021-03-15
9 SH LABORATORY CP AMER HLDGS P 2014-12-26 2021-03-15
5 SH LOWE'S COMPNIES INC P 2013-06-21 2021-03-15
10 SH MORGAN STANLEY P 2017-10-04 2021-03-15
22 SH MICROSOFT CORP P 2011-10-12 2021-03-15
5 SH NORFOLK SOUTHERN CORP   2017-01-09 2021-03-15
13 SH NOVO NORDISK A S ADR P 2017-09-27 2021-03-15
3 SH O'REILLY AUTOMOTIVE INC P 2018-07-09 2021-03-15
31 SH SANOFI ADR P 2020-02-20 2021-03-15
5 SH ANTHEM INC P 2020-01-09 2021-03-15
13 SH TAIWAN S MANUFACTRING ADR P 2018-10-31 2021-03-15
27 SH UNILEVER PLC NEW ADR P 2019-08-15 2021-03-15
3 SH UNITEDHEALTH GROUP INC P 2014-10-27 2021-03-15
61 SH WALMART INC P 2020-02-20 2021-03-02
13 SH APPLIED MATERIAL INC P 2020-07-27 2021-03-15
8 SH BERKSHIRE HATHAWAYINC P 2020-04-24 2021-03-15
9 SH CBRE GROUP INC P 2020-06-03 2021-03-15
11 SH COCA COLA GROUP INC P 2020-08-27 2021-03-15
2 SH FLEETCOR TECHNOLOGIES INC P 2020-07-02 2021-03-15
15 SH OTIS WORLDWIDE CORP REG P 2020-04-16 2021-03-15
9 SH ROBERTHALF INTL INC COM P 2020-03-25 2021-03-15
9 SH ROSS STORES INC COM P 2020-03-24 2021-03-15
38 SH VODAPHONE GROUP PLC SHS P 2020-09-25 2021-03-15
6 SH WALMART INC P 2020-04-08 2021-03-26
65 SH COGNIZANT TECH SOLUTNS A P 2020-04-08 2021-04-27
35 SH CHEVRON CORP P 2020-04-08 2021-04-19
8 SH LOWE'S COMPANIES INC P 2020-02-20 2021-04-16
80 SH TRUIST FINL CORP P 2016-06-27 2021-04-21
5000 SH US TSY .125% P 2020-11-24 2021-03-20
35 SH COCA COLA COM P 2020-11-11 2021-04-26
2 SH ALPHABET P 2012-06-28 2021-05-04
17 SH BIOGEN INC P 2017-02-21 2021-05-24
65 SH ROBERTHALF INTL INC COM P 2020-04-01 2021-05-19
29 SH ROBERTHALF INTL INC COM P 2020-06-22 2021-06-23
13 SH ROBERTHALF INTL INC COM P 2020-10-23 2021-06-25
3000 SH WELLS FARGO & CO 2.10% P 2016-07-26 2021-07-26
4000 SH US TSY 2.375% P 2017-10-25 2021-06-29
20 SH APPLE INC P 2020-04-08 2021-07-23
23 SH DOLLAR TREE INC P 2019-07-24 2021-07-09
10 SH LABORATORY CP AMER HLDGS P 2019-01-18 2021-07-23
10 SH LOWE'S COMPANIES INC P 2019-10-22 2021-07-23
34 SH ROBERTHALF INTL INC COM P 2020-06-22 2021-07-14
2000 SH WELLS FARGO & CO 2.10% P 2021-03-15 2021-07-26
15 SH APPLIES MATERIAL INC P 2020-08-18 2021-07-09
10 SH ROBERTHALF INTL INC COM P 2020-10-26 2021-07-14
127 SH VODAPHONE GROUP PLC SHS P 2020-11-05 2021-07-07
6000 SH GLAXOSMITHKLINE 3.37% P 2018-06-08 2021-08-23
2000 SH BANK OF NY MELLON CORP P 2016-09-23 2021-08-23
1000 SH BANK OF NY MELLON CORP P 2017-07-20 2021-08-23
1 SH ALPHABET INC SHS CL C P 2018-11-30 2021-08-03
16 SH APPLIED MATERIAL INC P 2020-07-28 2021-08-03
25 SH LOWE'S COMPANIES INC P 2001-06-21 2021-08-12
27 SH MORGAN STANLEY P 2019-01-18 2021-08-16
4 SH O'REILLY AUTOMOTIVE INC P 2018-07-31 2021-08-04
11 SH VISA INC CL A SHRS P 2020-02-21 2021-08-12
2000 SH GLAXOSMITHKLINE 3.37% P 2021-03-15 2021-08-23
2000 SH BANK OF NY MELLON CORP P 2021-05-07 2021-08-23
16 SH ALLY FINL INC P 2018-02-12 2021-09-13
35 SH ALIBABA GROUP HOLDING LT P 2020-03-09 2021-09-16
33 SH AXALTA COATING SYSTEMS P 2020-06-10 2021-09-13
1 SH ALPHABET INC SHS CL A P 2012-06-29 2021-09-13
3 SH APPLIED MATERIAL INC P 2020-07-28 2021-09-13
206 SH BP PLC SPON ADR P 2020-04-08 2021-09-16
31 SH BAE SYS PLC SPN ADR P 2019-08-19 2021-09-13
5 SH BERKSHIRE HATHAWAY INC P 2020-04-24 2021-09-13
10 SH COMCAST CORP NEW CL A P 2012-09-24 2021-09-13
16 SH CORTEVA INC REG SHS P 2019-06-14 2021-09-13
13 SH CONOCOPHILLIPS P 2019-07-02 2021-09-13
4 SH CBRE GROUP INC P 2020-06-03 2021-09-13
14 SH CDK GLOBAL INC SHS P 2019-03-27 2021-09-13
8 SH CISCO SYSTEMS INC COM P 2013-08-08 2021-09-13
39 SH COCA COLA COM P 2020-09-10 2021-09-27
1 SH FACEBOOK INC P 2020-02-04 2021-09-13
26 SH GENERAL MOTORS CO P 2020-01-16 2021-09-13
7 SH JPMORGAN CHASE & CO P 2012-06-14 2021-09-13
9 SH MICROSOFT CORP P 2011-10-12 2021-09-13
2 SH NORFOLK SOUTHERN CORP P 2017-01-09 2021-09-13
24 SH OTIS WORLDWIDE CORP REG P 2020-04-28 2021-09-01
4 SH QUANTA SERVICES INC P 2020-03-19 2021-09-13
3 SH ANTHEM INC P 2020-01-09 2021-09-13
8 SH TAIWAN S MANUFCTRING ADR P 2018-10-31 2021-09-13
9 SH UNILEVER PLC NEW ADR P 2019-08-16 2021-09-13
4 SH UNITEDHEALTH GROUP INC P 2014-10-27 2021-09-13
1000 SH BAT CAPITAL CORP 2.72% P 2020-09-24 2021-09-13
1000 SH US TSY 1.875% FEB 15 2041 P 2021-02-19 2021-09-13
4 SH CAPITAL ONE FINL P 2020-12-14 2021-09-13
20 SH CDW CORP P 2021-05-12 2021-09-09
27 SH EQT CORP P 2021-03-05 2021-09-13
1 SH HUMANA INC P 2020-11-13 2021-09-13
18 SH VODAFONE GROUP PLC SHS P 2020-09-25 2021-09-13
3000 SH US TSY 2.875% MAY 31 2025 P 2018-06-08 2021-10-27
33 SH COCA COLA COM P 2020-10-01 2021-10-13
49 SH KONINKL PHIL NV SH NEW P 2020-06-26 2021-10-18
18 SH QUANTA SERVICES INC P 2020-04-03 2021-10-14
2000 SH US TSY 2.875% MAY 31 2025 P 2021-03-15 2021-10-27
13 SH CDW CORP P 2021-05-12 2021-09-30
174 SH BAE SYS PLC SPN ADR P 2020-04-08 2021-11-11
38 SH CISCO SYSTEMS INC COM P 2020-04-08 2021-11-10
34 SH COCA COLA COM P 2020-09-01 2021-11-10
21 SH MORGAN STANLEY P 2020-10-15 2021-10-29
3 SH O'REILLY AUTOMOTIVE INC P 2018-07-31 2021-11-22
393 SH VODAFONE GROUP PLC SHS P 2020-10-28 2021-11-03
24 SH CAPITAL ONE FINL P 2021-01-12 2021-10-29
85 SH VODAFONE GROUP PLC SHS P 2020-11-06 2021-11-02
103 SH BAE SYS PLC SPN ADR P 2020-11-16 2021-12-07
63 SH COCA COLA COM P 2020-09-01 2021-12-17
93 SH KONINKL PHIL NV SH NEW P 2020-04-02 2021-12-01
6000 SH US TSY .125% OCT 31 2022 P 2021-08-23 2021-12-22
(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 573   710 -137
b 13,502   2,553 10,949
c 3,936   1,968 1,968
d 1,634   1,247 387
e 2,088   2,103 -15
1,435   1,173 262
4,714   2,958 1,756
6,193   5,470 723
1,968   1,787 181
208   155 53
6,921   6,265 656
2,063   389 1,674
4,238   1,767 2,471
993   735 258
3,254   3,008 246
2,214   1,324 890
1,137   893 244
4,103   576 3,527
2,036   281 1,755
490   81 409
532   565 -33
900   1,418 -518
3,014   1,837 1,177
9,347   8,052 1,295
6,998   7,631 -633
2,550   1,364 1,186
2,368   2,211 157
3,979   3,663 316
2,182   1,681 501
1,486   1,212 274
1,212   738 474
2,944   653 2,291
619   515 104
2,143   976 1,167
873   197 676
834   425 409
5,122   629 4,493
1,295   546 749
933   627 306
1,443   865 578
1,510   1,573 -63
1,695   1,537 158
1,526   496 1,030
1,484   1,572 -88
1,059   276 783
8,144   4,525 3,619
1,481   819 662
2,048   1,484 564
716   428 288
560   531 29
568   511 57
989   676 313
695   366 329
1,131   638 493
712   510 202
808   730 78
5,191   4,001 1,190
3,622   3,843 -221
1,665   963 702
4,521   2,470 2,051
5,001   4,996 5
1,878   1,834 44
4,574   569 4,005
4,814   4,668 146
5,726   2,670 3,056
2,545   1,152 1,393
1,137   671 466
3,000   3,000  
4,303   3,977 326
2,966   1,433 1,533
2,279   2,402 -123
2,834   1,461 1,373
2,009   760 1,249
2,984   1,737 1,247
2,000   2,000  
2,014   998 1,016
874   505 369
2,115   1,801 314
6,315   5,993 322
2,067   1,992 75
1,034   993 41
2,724   1,085 1,639
2,272   1,004 1,268
4,811   983 3,828
2,796   1,350 1,446
2,443   1,204 1,239
2,552   2,301 251
2,105   2,101 4
2,067   2,071 -4
844   448 396
5,491   6,246 -755
966   813 153
2,855   289 2,566
421   188 233
5,275   7,564 -2,289
956   832 124
1,396   927 469
601   182 419
683   397 286
747   782 -35
391   198 193
599   801 -202
464   210 254
2,110   1,933 177
377   210 167
1,308   917 391
1,119   241 878
2,660   244 2,416
490   218 272
2,206   1,182 1,024
459   108 351
1,116   922 194
991   305 686
498   532 -34
1,664   368 1,296
1,003   996 7
1,009   987 22
634   362 272
3,941   3,187 754
547   485 62
412   433 -21
299   240 59
3,206   2,999 207
1,789   1,623 166
2,162   2,218 -56
2,020   551 1,469
2,137   2,158 -21
2,399   2,096 303
5,362   4,816 546
2,197   1,529 668
1,929   1,667 262
2,154   1,061 1,093
1,926   903 1,023
5,915   5,358 557
3,641   2,656 985
1,257   1,191 66
3,035   2,619 416
3,689   3,049 640
3,265   3,363 -98
5,993   6,001 -8
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       -137
b       10,949
c       1,968
d       387
e       -15
      262
      1,756
      723
      181
      53
      656
      1,674
      2,471
      258
      246
      890
      244
      3,527
      1,755
      409
      -33
      -518
      1,177
      1,295
      -633
      1,186
      157
      316
      501
      274
      474
      2,291
      104
      1,167
      676
      409
      4,493
      749
      306
      578
      -63
      158
      1,030
      -88
      783
      3,619
      662
      564
      288
      29
      57
      313
      329
      493
      202
      78
      1,190
      -221
      702
      2,051
      5
      44
      4,005
      146
      3,056
      1,393
      466
       
      326
      1,533
      -123
      1,373
      1,249
      1,247
       
      1,016
      369
      314
      322
      75
      41
      1,639
      1,268
      3,828
      1,446
      1,239
      251
      4
      -4
      396
      -755
      153
      2,566
      233
      -2,289
      124
      469
      419
      286
      -35
      193
      -202
      254
      177
      167
      391
      878
      2,416
      272
      1,024
      351
      194
      686
      -34
      1,296
      7
      22
      272
      754
      62
      -21
      59
      207
      166
      -56
      1,469
      -21
      303
      546
      668
      262
      1,093
      1,023
      557
      985
      66
      416
      640
      -98
      -8
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 2 100,933
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 13,644
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 1,282
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 1,282
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a  
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 500
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 500
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 27
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 809
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet   RefundedBullet 11  
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletGA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletMARILYN TOWNLEY Telephone no.bullet (989) 479-6148

    Located atbullet132 STATE STHarbor BeachMI ZIP+4bullet48441
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
    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
     
    No
    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)
    Yes
     
    (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
     
     
    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
    MARILYN S TOWNLEY TRUSTEE
    0.00     		0    
    132 STATE ST
    Harbor Beach,MI48441
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
     
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
     
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    974,930
    b
    Average of monthly cash balances.......................
    1b
    24,215
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    999,145
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    999,145
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    14,987
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    984,158
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    49,208
    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
    49,208
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    1,282
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,282
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    47,926
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    47,926
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    47,926
    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 47,926
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 14,793
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........  
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 41,550
    a Applied to 2020, but not more than line 2a 14,793
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2021 distributable amount..... 26,757
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2021.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		21,169
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    MARILYN TOWNLEY
    228 STATE ST
    HARBOR BEACH,MI48441
    (989) 479-6148
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATION
    cAny submission deadlines:
    04/15
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    CONTINUING EDUCATION
    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
    BROOKE ARNTZ
    307 FERRIS ST
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,400
    ALICIA BOOMS
    7571 SECTION LINE RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,300
    GARRISON BOOMS
    303 SOUTH FOURTH ST
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 350
    MASON BOOMS
    303 SOUTH FOURTH ST
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,000
    ALEXIS BRAUN
    855 SOUTH RUTH RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,500
    JOHANNA BRAUN
    1983 BUHL RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,100
    CAITLIN BROWN
    680 LYTLE AVE
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 400
    ELIJAH CEPLECHA
    9677 EASTVIEW DR
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,400
    JACOB DEER
    2695 N LAKESHORE RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 700
    GARRETT EMERICK
    170 FERRIS ST
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,500
    GRIFFIN EMERICK
    170 FERRIS ST
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 650
    HAYLIE ESSENMACHER
    390 NORTH KLUG RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 650
    EMILY GEIGER
    6947 SAND BEACH RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 750
    ALYSSA GUZA
    1001 SOUTH MCDONALD RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,000
    JENNA GUZA
    1650 PORT HOPE RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 600
    LAKEN GUZA
    1001 SOUTH MCDONALD RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,450
    JENNIFER HECKROTH
    527 SCHOOL ST
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,000
    SEAN HESSLING
    6875 MINNICK RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 750
    MADISON HIRN
    475 NORTH SCOTT RD
    BAD AXE,MI48413     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,100
    ALLISON HOLDWICK
    1283 SCHOCK RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 650
    CHRIS KEYES
    158 NORTH SECOND ST
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,500
    JOSHUA KEYES
    301 BLANCHE ST APT 8
    PLYMOUTH,MI48170     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,500
    BRADY KIRSCH
    9672 CHERRY DR
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,250
    ANNIKA KIRSCH
    9672 CHERRY DR
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 600
    DANIEL LANFEAR
    138 FAIRWAY DR
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 700
    MARGARET LANFEAR
    138 FAIRWAY DR
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 750
    KARA MAURER
    4213 KIPPER RD
    BAD AXE,MI48413     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 700
    LAUREN MAURER
    4213 KIPPER RD
    BAD AXE,MI48413     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 2,000
    MEGAN PAWLOWSKI
    102 SOUTH KLUG RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,700
    VICTORIA PAWLOWSKI
    428 LYTLE AVE
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 400
    HAILEY PFAFF
    201 SOUTH THIRD ST
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 650
    MAYA PFAFF
    201 SOUTH THIRD ST
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,000
    MAKAYLA ROBERTS
    8482 SECTION LINE RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 600
    DAVID ROGGENBUCK
    268 NELSEN ST
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 500
    JAMES SCHELKE
    222 NORTHWOOD DR
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,050
    RACHAEL SCHELKE
    222 NORTHWOOD ST
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,350
    JANE SIEMEN
    8191 SAND BEACH RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,000
    LUKE SIEMEN
    8741 JEKS RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,000
    KATELYN STEIN
    5062 EDWARDS RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 400
    KIRSTEN STEIN
    7770 PRIEMER RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 750
    HALEY TALASKI
    180 SOUTH RUTH RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 500
    JULIAN TENERIFE
    220 NORTHWOOD DR
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 700
    CLAIRE WOODKE
    701 LYTLE AVE
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 600
    MAE WOODKE
    701 LYTLE AVE
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,100
    Total .................................bullet 3a 41,550
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    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 ............     		        100,933
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) ..     114,671
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    114,671
    (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 InvestmentsCorpBondsSchedule
    Name:
    COMMANDER AND MRS ROBERT KRAUSE FOUNDATION
    EIN:
    52-7317516
    Name of Bond End of Year Book Value End of Year Fair Market Value
    1000 CITIGROUP INC 957 1,001
    1000 CITIGROUP INC 957 1,001
    1000 CITIGROUP INC 1,000 1,001
    7000 AMERICAN EXPRESS CO 7,006 7,342
    2000 AMERICAN EXPRESS CO 2,111 2,097
    5000 JPMORGAN CHASE & CO 4,982 5,292
    1000 JPMORGAN CHASE & CO 1,015 1,058
    2000 JPMORGAN CHASE & CO 2,137 2,117
    6000 BB&T CORPORATION 5,973 6,271
    3000 BB&T CORPORATION 3,160 3,135
    4000 MORGAN STANLEY 4,022 4,080
    2000 MORGAN STANLEY 2,061 2,040
    5000 ORCLE CORP 4,950 5,141
    1000 ORACLE CORP 981 1,028
    2000 ORACLE CORP 2,110 2,056
    6000 APPLE INC 6,041 6,516
    2000 APPLE INC 2,181 2,172
    6000 HOME DEPOT INC 6,136 6,762
    2000 HOME DEPOT INC 2,265 2,254
    4000 ANHEUSER-BUSCH INBEV WOR 4,245 4,389
    6000 COMCAST CORP 5,992 5,886
    2000 COMCAST CORP 1,948 1,962
    7000 BAT CAPITAL CORP 6,969 6,801
    3000 BAT CAPITAL CORP 2,900 2,915

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    COMMANDER AND MRS ROBERT KRAUSE FOUNDATION
    EIN:
    52-7317516
    Name of Stock End of Year Book Value End of Year Fair Market Value
    227 SH ALLY FINL INC 6,517 10,807
    8 SH ALPHBET INC CL C 4,342 23,149
    8 SH ALPHABET INC CL A 2,873 23,176
    11 SH AMAZON COM INC COM 24,335 36,678
    72 SH ANALOG DEVICES INC COM 11,949 12,655
    30 SH ANTHEM INC 8,686 13,906
    201 APPLE INC 5,426 35,692
    104 SH APPLIED MATERIAL INC 6,214 16,365
    241 SH AVANTOR INC 10,016 10,156
    264 SH AXALTA COATING SYSTEMS 6,214 8,744
    67 SH BERKSHIRE HATHAWAYINC 12,283 20,033
    90 SH C.H. ROBINSON WORLDWIDE 8,637 9,687
    51 SH CAPITAL ONE FINL 4,915 7,400
    84 SH CBRE GROUP INC 4,115 9,115
    187 SH CDK GLOBAL INC SHS 9,868 7,805
    133 SH CIENA CORP 6,511 10,237
    253 SH CISCO SYSTEMS INC COM 7,005 16,033
    361 SH COMCAST CORP NEW CL A 9,147 18,169
    235 SH CONOCOPHILLIPS 11,838 16,962
    391 SH CORTEVA INC REG 11,188 18,486
    54 SH DOLLAR GENERAL CORP 11,164 12,735
    97 SH DOLLAR TREE INC 9,230 13,630
    530 SH EQT CORP 9,872 11,559
    103 SH FIDELITY NATL INFO SVCS 14,850 11,242
    48 SH FLEETCOR TECHNOLOGIS INC 12,312 10,744
    157 SH FORTIVE CORP 9,984 11,978
    210 SH FOX CORP REG CL A 6,288 7,749
    275 SH GENERAL MOTORS CO 8,579 16,123
    10 SH HUMANA INC 4,321 4,639
    92 SH INTERCONTINENTAL 10,166 12,583
    100 SH JPMORGAN CHASE & CO 3,674 15,835
    51 SH LABORATORY CP AMER HLDGS 5,809 16,025
    132 SH LAS VEGAS SANS CORP 7,412 4,968
    69 SH META PLATFORMS INC 13,929 23,208
    165 SH MICROSOT CORP 8,390 55,493
    MONDELEZ INTERNATIONAL 3,654 3,713
    131 SH MORGAN STANLEY 6,106 12,859
    50 SH NORFOLK SOUTHERN CORP 8,177 14,886
    84 SH NOVO NORDISK A S ADR 4,183 9,408
    10 SH O'REILLY AUTOMOTIVE INC 3,001 7,062
    96 SH OTIS WORLDWIDW CORP REG 5,193 8,359
    98 SH PROGRESSIVE CRP OHIO 9,364 10,060
    86 SH QUANTA SERVICES INC 2,208 9,861
    132 SH ROSS STORES INC COM 13,044 15,085
    265 SH SANOFI ADR 12,778 13,277
    139 SH SEALED AIR CORP NEW 8,061 9,378
    144 SH TAIWAN S MANUFACTURING ADR 6,576 17,325
    171 SH UNILEVER PLC NEW ADR 9,672 9,198
    49 SH UNITEDHEALTH GROUP INC 8,577 24,605
    23 SH VEEVA SYS INC CL A 6,570 5,876
    92 SH VISA INC CL A 17,124 19,937
    174 SH WORLD WRESTLING 9,368 8,585

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    COMMANDER AND MRS ROBERT KRAUSE FOUNDATION
    EIN:
    52-7317516
    US Government Securities - End of Year Book Value:

    133,987
    US Government Securities - End of Year Fair Market Value:

    138,806
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2021 InvestmentsOtherSchedule2
    Name:
    COMMANDER AND MRS ROBERT KRAUSE FOUNDATION
    EIN:
    52-7317516
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    1296 SH BLACKROCK STRATEGIC   13,177 13,154

    TY 2021 LegalFeesSchedule
    Name:
    COMMANDER AND MRS ROBERT KRAUSE FOUNDATION
    EIN:
    52-7317516
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TRUST FEES 17,173 17,173 17,173  
    TRUSTEE FEES 4,389 4,389 4,389  


    TY 2021 TaxesSchedule
    Name:
    COMMANDER AND MRS ROBERT KRAUSE FOUNDATION
    EIN:
    52-7317516
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    2020 TAX 869 869 869