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
FRENZEL FAMILY CHARITABLE FDN
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 0634
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MILWAUKEE, WI532010634
A Employer identification number

83-4630754
B Telephone number (see instructions)

(814) 870-7716
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$2,192,690J 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... 29,879 29,223  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 598,687
b Gross sales price for all assets on line 6a 2,338,800
7 Capital gain net income (from Part IV, line 2)... 598,687
8 Net short-term capital gain......... 0
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........ 628,566 627,910  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule)......... Click to see attachment 134 0 0 134
b Accounting fees (attach schedule)....... Click to see attachment 1,500 0 0 1,500
c Other professional fees (attach schedule).... Click to see attachment 20,991 18,892   2,099
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 948 518   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 9,530     9,530
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 33,103 19,410 0 13,263
25 Contributions, gifts, grants paid....... 175,000 175,000
26 Total expenses and disbursements. Add lines 24 and 25 208,103 19,410 0 188,263
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 420,463
b Net investment income (if negative, enter -0-) 608,500
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 68,223 55,261 55,261
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
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 bullet0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 1,671,387    
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,021 Click to see attachment1,930,658 2,136,861
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)   Click to see attachment568 Click to see attachment568
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,741,631 1,986,487 2,192,690
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........ 1,741,631 1,986,487
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)..... 1,741,631 1,986,487
30 Total liabilities and net assets/fund balances (see instructions). 1,741,631 1,986,487
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
1,741,631
2
Enter amount from Part I, line 27a .....................
2
420,463
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
2,162,094
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
175,607
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
1,986,487
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 557.639 CAMBIAR INTL EQUITY FUND INS   2020-04-14 2021-03-02
b 4264.565 CAMBIAR INTL EQUITY FUND INS   2019-10-04 2021-03-02
c 153.331 CAMBIAR INTL EQUITY FUND INS   2021-01-05 2021-03-02
d 2072.893 DODGE COX INCOME   2020-06-24 2021-03-02
e 4053.105 SEAFARER OVERSEAS GR AND INCOME   2019-10-04 2021-03-02
91.23 SEAFARER OVERSEAS GR AND INCOME   2020-04-14 2021-03-02
165.366 HARBOR LARGE CAP VALUE FUND   2021-01-05 2021-03-02
11260.564 HARBOR LARGE CAP VALUE FUND   2019-10-04 2021-03-02
3772.177 OAKMARK INTERNATIONAL SMALL CAP INST   2019-10-04 2021-03-02
720.952 OAKMARK INTERNATIONAL SMALL CAP INST   2020-04-14 2021-03-02
4184.328 WCM FOCUSED INTERNATIONAL GROWTH INS   2019-10-04 2021-03-02
362.331 LAZARD CL LIST INFRASTR INST   2020-04-14 2021-03-02
1010.196 LAZARD CL LIST INFRASTR INST   2020-09-11 2021-03-02
6376.486 LAZARD CL LIST INFRASTR INST   2019-10-04 2021-03-02
618.117 MFS EMERGING MARKETS DEBT FD CL R6   2020-06-24 2021-03-02
1611.774 PL FLOATING RATE INCOME I   2020-06-24 2021-03-02
94.503 PIMCO INCOME FUND INS   2020-06-24 2021-03-02
1203.908 PIMCO INCOME FUND INS   2019-10-04 2021-03-02
2200.401 PRINCIPAL MIDCAP FUND CLASS R 6   2019-10-04 2021-03-02
28.886 PRINCIPAL MIDCAP FUND CLASS R 6   2021-01-05 2021-03-02
169.424 PRINCIPAL MIDCAP FUND CLASS R 6   2020-04-14 2021-03-02
2855.058 PGIM HIGH YIELD CL R6   2020-06-24 2021-03-02
2815.558 TOUCHSTONE SANDS CAPITAL EMERGING   2019-10-04 2021-03-02
82.893 TOUCHSTONE MID CAP GROWTH FUND   2020-04-14 2021-03-02
2294.11 TOUCHSTONE MID CAP GROWTH FUND   2019-10-04 2021-03-02
.095 TOUCHSTONE MID CAP GROWTH FUND   2021-01-05 2021-03-02
468.733 TRIBUTARY SMALL COMPANY FUND   2020-04-14 2021-03-02
1758.006 TRIBUTARY SMALL COMPANY FUND   2019-10-04 2021-03-02
10.877 TRIBUTARY SMALL COMPANY FUND   2020-09-11 2021-03-02
10635.288 WASATCH INTERNATIONAL OPPS INSTL   2019-10-04 2021-03-02
3304.597 WESTERN ASSET CORE PLUS BD CL I   2019-10-04 2021-03-02
54.264 JENSEN QUALITY GROWTH FUND CLASS Y   2020-04-14 2021-03-04
303.433 JENSEN QUALITY GROWTH FUND CLASS Y   2021-01-05 2021-03-04
2408.863 JENSEN QUALITY GROWTH FUND CLASS Y   2019-10-04 2021-03-04
425. INVESCO QQQ TRUST ETF   1911-11-11 2021-03-05
611. ISHARES CORE S P 500 ETF   1911-11-11 2021-03-05
2385. FIDELITY MSCI REAL ESTATE E T F   2020-04-24 2021-03-10
300. FIDELITY MSCI REAL ESTATE E T F   2020-09-11 2021-03-10
191. ISHARES 7 10 YEAR TREASURY BOND ETF   2019-10-04 2021-03-10
493. ISHARES S P SMALLCAP 600 GROWTH ETF   2020-07-01 2021-03-10
1185. WISDOMTREE US QUALITY DIVIDEND ETF   2020-07-01 2021-03-10
61. WISDOMTREE US QUALITY DIVIDEND ETF   2021-01-05 2021-03-10
100. MICRON TECHNOLOGY INC COM   2021-03-05 2021-03-25
106. BANK OF AMERICA CORP   2021-03-05 2021-04-30
99. MICRON TECHNOLOGY INC COM   2021-03-05 2021-04-30
20. ELECTRONIC ARTS COM   2021-03-05 2021-05-11
97. BANK OF AMERICA CORP   2021-03-05 2021-06-09
395. CABOT OIL & GAS CORP CL A   2021-03-05 2021-06-09
57. SCHWAB CHARLES CORP NEW COM   2021-03-05 2021-06-09
61. J P MORGAN CHASE & CO   2021-03-05 2021-07-26
35. MICROSOFT CORP   2021-03-05 2021-07-26
34. TARGET CORPORATION   2021-03-05 2021-07-26
2336.449 COLUMBIA DIVIDEND INC FUND INSTL   2021-03-10 2021-07-28
220.978 COLUMBIA SMALL CAP GROWTH I FUND   2021-03-02 2021-07-28
600. ISHARES MIDCAP INDEX FD   2021-03-10 2021-07-28
100. ISHARES RUSSELL 2000 ETF   2021-03-10 2021-07-28
200. VANGUARD REIT ETF   2021-03-10 2021-07-28
30. AMERICAN TOWER CORP   2021-03-05 2021-09-09
8. COSTCO WHSL CORP NEW COM   2021-03-05 2021-09-09
12. COSTCO WHSL CORP NEW COM   2021-03-25 2021-09-09
40. EDWARDS LIFESCIENCES CORP COM   2021-03-05 2021-09-09
8. INTUIT INC COMMON STOCK   2021-03-05 2021-09-09
19. NVIDIA CORP   2021-03-25 2021-09-09
75. TRANSUNION   2021-03-05 2021-09-09
116. BANK OF AMERICA CORP   2021-03-05 2021-11-05
20. COSTCO WHSL CORP NEW COM   2021-03-05 2021-11-05
13. HOME DEPOT INC COM   2021-07-26 2021-11-05
8. INTUIT INC COMMON STOCK   2021-03-05 2021-11-05
8. TYLER TECHNOLOGIES INC   2021-03-05 2021-11-05
1. ACTIVITY FROM 1099   1911-11-11 2021-12-31
1. ACTIVITY FROM 1099   2021-01-01 2021-12-31
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
(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 15,224   11,303 3,921
b 116,423   108,021 8,402
c 4,186   4,086 100
d 29,933   30,285 -352
e 60,918   46,165 14,753
1,371   922 449
3,413   3,163 250
232,418   178,593 53,825
69,785   53,603 16,182
13,338   7,988 5,350
105,152   71,761 33,391
5,218   5,092 126
14,547   14,532 15
91,821   96,030 -4,209
9,247   8,907 340
15,731   15,183 548
1,140   1,087 53
14,519   14,372 147
81,503   66,540 14,963
1,070   1,025 45
6,275   4,359 1,916
15,846   14,818 1,028
64,702   36,856 27,846
3,432   2,379 1,053
94,976   74,536 20,440
4   4  
15,473   10,045 5,428
58,032   48,996 9,036
359   253 106
56,686   38,074 18,612
40,118   40,382 -264
2,899   2,703 196
16,212   16,589 -377
128,706   123,382 5,324
130,576   5,925 124,651
233,676   105,986 127,690
63,157   51,367 11,790
7,944   7,357 587
21,864   21,755 109
64,976   41,680 23,296
65,495   54,133 11,362
3,371   3,237 134
8,315   8,864 -549
4,311   3,893 418
8,701   8,775 -74
2,821   2,654 167
4,132   3,563 569
6,809   7,536 -727
4,213   3,666 547
9,230   9,160 70
10,104   8,132 1,972
8,865   5,903 2,962
69,860   63,575 6,285
7,639   7,942 -303
47,674   44,154 3,520
21,961   22,860 -899
21,347   17,608 3,739
9,002   6,031 2,971
3,728   2,531 1,197
5,592   4,093 1,499
4,892   3,252 1,640
4,556   3,059 1,497
4,239   2,408 1,831
9,330   6,509 2,821
5,474   4,261 1,213
10,182   6,327 3,855
4,802   4,297 505
4,951   3,059 1,892
4,283   3,283 1,000
27,964   21,489 6,475
10,303   7,755 2,548
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
      11,784
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       3,921
b       8,402
c       100
d       -352
e       14,753
      449
      250
      53,825
      16,182
      5,350
      33,391
      126
      15
      -4,209
      340
      548
      53
      147
      14,963
      45
      1,916
      1,028
      27,846
      1,053
      20,440
       
      5,428
      9,036
      106
      18,612
      -264
      196
      -377
      5,324
      124,651
      127,690
      11,790
      587
      109
      23,296
      11,362
      134
      -549
      418
      -74
      167
      569
      -727
      547
      70
      1,972
      2,962
      6,285
      -303
      3,520
      -899
      3,739
      2,971
      1,197
      1,499
      1,640
      1,497
      1,831
      2,821
      1,213
      3,855
      505
      1,892
      1,000
      6,475
      2,548
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 598,687
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 8,458
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 8,458
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 215
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 9,799
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 10,014
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 1,556
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet1,556 RefundedBullet 11 0
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (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)
    bulletPA
    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 instructionsClick to see attachment.................
    12
    Yes
     
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletHEIDI FRENZEL Telephone no.bullet (804) 543-6515

    Located atbullet4201 NORTH LAKE DRSHOREWOODWI ZIP+4bullet53211
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
     
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    THOMAS D FRENZEL VICE PRESIDENT
    10     		0    
    990 RIDGEVIEW AVE
    BROOMFIELD,CO80020
    MICHAEL A FRENZEL SECRETARY
    10     		0    
    964 SCOTLAND DR
    MT PLEASANT,SC29464
    HEIDI H FRENZEL PRESIDENT & TREASURER
    10     		0    
    4201 NORTH LAKE DR
    SHOREWOOD,WI53211
    GEORGE FRENZEL DIRECTOR
    10     		0    
    554 RUTLEDGE AVE APT 205B
    CHARLESTON,SC29403
    HENRY FRENZEL DIRECTOR
    10     		0    
    964 SCOTLAND DR
    MT PLEASANT,SC29464
    CAROLINE FRENZEL DIRECTOR
    10     		0    
    990 RIDGEVIEW AVE
    BROOMFIELD,CO80020
    JOHN F PINCKNEY DIRECTOR
    10     		0    
    3314 JEAN CIRCLE
    TAMPA,FL33629
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................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
    2,130,267
    b
    Average of monthly cash balances.......................
    1b
    56,264
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,186,531
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    2,186,531
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    32,798
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    2,153,733
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    107,687
    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
    107,687
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    8,458
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    8,458
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    99,229
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    99,229
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    99,229
    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 99,229
    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...... 0
    b From 2017...... 0
    c From 2018...... 0
    d From 2019...... 92,930
    e From 2020...... 8,359
    f Total of lines 3a through e ........ 101,289
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 188,263
    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..... 99,229
    e Remaining amount distributed out of corpus 89,034
    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 5 190,323
    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) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		190,323
    10 Analysis of line 9:
    a Excess from 2017.... 0
    b Excess from 2018.... 0
    c Excess from 2019.... 92,930
    d Excess from 2020.... 8,359
    e Excess from 2021.... 89,034
    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).)
    ROBERT FRENZEL HEIDI FRENZEL MICH
    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:
    FRENZEL FAMILY FOUNDATION
    C/O S CRAIG SHAMBURG
    ERIE,PA16507
    (814) 870-7716
    CSHAMBURGH@MIJB.COM
    bThe form in which applications should be submitted and information and materials they should include:
    SEE FOOTNOTES
    cAny submission deadlines:
    SEE FOOTNOTES
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    SEE FOOTNOTES
    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
    C A R E INC
    PO BOX 1870
    MERRIFIELD,VA221168070     		NONE PC GENERAL OPERATING 5,000
    ELETRONIC FRONTIER FOUNDATION INC
    815 EDDY STREET
    SAN FRANCISCO,CA94109     		NONE PC GENERAL OPERATING 2,500
    UNITED STATES FUND FOR UNICEF
    125 MAIDEN LANE
    NEW YORK,NY10038     		NONE PC GENERAL OPERATING 10,000
    ROCK CREEK CONSERVANCY
    7200 WISCONSIN AVENUE 500
    BETHESDA,MD20814     		NONE PC GENERAL OPERATING 5,000
    ROCKY MOUNTAIN LEGAL CENTER
    705 S PUBLIC ROAD
    LAFAYETTE,CO80026     		NONE PC GENERAL OPERATING 5,000
    OUTWARD BOUND INC
    PO BOX 69316
    BALTIMORE,MD212649316     		NONE PC GENERAL OPERATING 2,500
    TRANSFORMATIONS CDC
    65 EAST HOLLISTER ST
    CINCINNATI,OH45205     		NONE PC GENERAL OPERATING 2,500
    NEXT DOOR FOUNDATION INC
    2545 N 29TH ST
    MILWAUKEE,WI532103116     		NONE PC GENERAL OPERATING 5,000
    ONE-EIGHTY PLACE
    PO BOX 20038
    CHARLESTON,SC29413     		NONE PC GENERAL OPERATING 5,000
    HELEN KELLER INTERNATIONAL
    ONE DOG HAMMARSKJOLD PLAZA FLOOR 2
    NEW YORK,NY10017     		NONE PC GENERAL OPERATING 10,000
    LOWCOUNTRY LAND TRUST
    635 RUTLEDGE AVE STE 107
    CHARLESTON,SC29403     		NONE PC GENERAL OPERATING 10,000
    THE DICTIONARY PROJECT
    PO BOX 1845
    CHARLESTON,SC29402     		NONE PC GENERAL OPERATING 2,500
    CHARLESTON HABITAT FOR HUMANITY
    731 MEETING ST
    CHARLESTON,SC29403     		NONE PC GENERAL OPERATING 5,000
    CHARLESTON WATERKEEPER
    514 MILL ST SUITE E
    MT PLEASANT,SC29464     		NONE PC GENERAL OPERATING 10,000
    APPALACHIAN LONG DISTANCE HIKERS-
    ASSOCIATION INC
    WEST LEBANON,NH03784     		NONE PC GENERAL OPERATING 1,500
    AYUDA
    1413 K STREET NW
    WASHINGTON,DC20005     		NONE PC GENERAL OPERATING 5,000
    BROOMFIELD COUNCIL ON THE ARTS &
    HUMANITIES
    BROOMFIELD,CO80020     		NONE PC GENERAL OPERATING 5,000
    CASA OF ADAMS AND BROOMFIELD -
    COUNTIES INC
    WESTMINSTER,CO80234     		NONE PC GENERAL OPERATING 5,000
    NATIONAL PARK FOUNDATION
    1500 K STREET NW SUITE 700
    WASHINGTON,DC20005     		NONE PC GENERAL OPERATING 10,000
    FEEDING TAMPA BAY
    4702 TRANSPORT DRIVE BUILDING 6
    TAMPA,FL33605     		NONE PC GENERAL OPERATING 10,000
    CHILDREN ACROSS BORDERS
    1810 W KENNEDY BLVD
    TAMPA,FL33606     		NONE PC GENERAL OPERATING 5,000
    COLORADO TRAIL FOUNDATION
    710 10TH ST 210
    GOLDEN,CO80401     		NONE PC GENERAL OPERATING 2,500
    BROOMFIELD COMMUNITY FOUNDATION
    26 GARDEN CTR STE 2
    BROOMFIELD,CO80038     		NONE PC GENERAL OPERATING 21,000
    CLEAN WISCONSIN
    634 W MAIN ST 1300
    MADISON,WI53703     		NONE PC GENERAL OPERATING 5,000
    GREATER MILWAUKEE FOUNDATION
    101 W PLEASANT ST
    MILWAUKEE,WI53212     		NONE PC GENERAL OPERATING 10,000
    UWM FOUNDATION
    1440 EAST NORTH AVE
    MILWAUKEE,WI53202     		NONE PC GENERAL OPERATING 5,000
    ENVIRONMENTAL DEFENSE FUND
    1875 CONNECTICUT AVE NW
    WASHINGTON,DC20009     		NONE PC GENERAL OPERATING 10,000
    Total .................................bullet 3a 175,000
    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 ............     		    18 598,687  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aOTHER INCOME     		    1    
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) ..   628,566  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    628,566
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 AccountingFeesSchedule
    Name:
    FRENZEL FAMILY CHARITABLE FDN
    EIN:
    83-4630754
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 1,500     1,500

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    FRENZEL FAMILY CHARITABLE FDN
    EIN:
    83-4630754
    Name of Stock End of Year Book Value End of Year Fair Market Value
    PNC - FIXED INCOME    
    PNC - EQUITIES    

    TY 2021 InvestmentsOtherSchedule2
    Name:
    FRENZEL FAMILY CHARITABLE FDN
    EIN:
    83-4630754
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ACCRUED INCOME      
    464287499 ISHARES RUSSELL MID AT COST 73,590 83,010
    46432F842 ISHARES CORE MSCI EA AT COST 86,089 104,496
    19765P596 COLUMBIA SMALL CAP G AT COST 42,058 33,586
    74440B884 PGIM TOTAL RETURN BO AT COST 60,000 59,507
    057071854 BAIRD AGGREGATE BOND AT COST 50,000 49,478
    524686524 CLEARBRIDGE INTERNAT AT COST 200,000 199,855
    464287655 ISHARES RUSSELL 2000 AT COST 57,150 55,613
    46434G103 ISHARES CORE MSCI EM AT COST 128,105 116,727
    922908553 VANGUARD REAL ESTATE AT COST 48,656 63,806
    19765N245 COLUMBIA DIVIDEND IN AT COST 336,425 397,344
    31420B300 FEDERATED HERMES INS AT COST 45,000 44,819
    SEE ATTACHED AT COST 803,585 928,620

    TY 2021 LegalFeesSchedule
    Name:
    FRENZEL FAMILY CHARITABLE FDN
    EIN:
    83-4630754
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES - PRINCIPAL (ALLOCA 134     134


    TY 2021 OtherAssetsSchedule
    Name:
    FRENZEL FAMILY CHARITABLE FDN
    EIN:
    83-4630754
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    000000000 MISCELLANEOUS ENTRY   568 568


    TY 2021 OtherDecreasesSchedule
    Name:
    FRENZEL FAMILY CHARITABLE FDN
    EIN:
    83-4630754
    Description Amount
    PRIOR PERIOD COST ADJUSTMENT 63,594
    ISHARES CORE S P 500 BASIS ADJ 5,925
    INVESCO QQQ TRUST BASIS ADJ 105,986
    ROC ADJ ON CY SALES 102


    TY 2021 OtherExpensesSchedule
    Name:
    FRENZEL FAMILY CHARITABLE FDN
    EIN:
    83-4630754
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER ALLOCABLE EXPENSE-PRINCI 2,562 0   2,562
    OTHER MISC EXPENSES 6,968 0   6,968


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    FRENZEL FAMILY CHARITABLE FDN
    EIN:
    83-4630754
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER EXPENSE (NON-DEDUCTIBLE 20,991 18,892   2,099


    TY 2021 TaxesSchedule
    Name:
    FRENZEL FAMILY CHARITABLE FDN
    EIN:
    83-4630754
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 356 356   0
    FEDERAL TAX PAYMENT - PRIOR YE 215 0   0
    FEDERAL ESTIMATES - PRINCIPAL 215 0   0
    FOREIGN TAXES ON NONQUALIFIED 162 162   0