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
Mark Paul Terk Charitable Trust
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

80-6084948
B Telephone number (see instructions)

(800) 839-1754
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$24,200,232J 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) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments 928 928  
4 Dividends and interest from securities... 289,337 289,337  
5a Gross rents............ 256,305 256,305  
b Net rental income or (loss) -374,314
6a Net gain or (loss) from sale of assets not on line 10 3,664,937
b Gross sales price for all assets on line 6a 6,379,509
7 Capital gain net income (from Part IV, line 2)... 3,594,804
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 19,923 466  
12 Total. Add lines 1 through 11........ 4,231,430 4,141,840  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 361,220     361,220
14 Other employee salaries and wages...... 1,750 1,750    
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 17,471 17,471 0 0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 90,433 90,433    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 19,600      
19 Depreciation (attach schedule) and depletion... Click to see attachment 164,536 195,880 0
20 Occupancy.............. 579 579    
21 Travel, conferences, and meetings....... 70 70    
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 537,300 453,469   83,831
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,192,959 759,652 0 445,051
25 Contributions, gifts, grants paid....... 5,798,000 5,798,000
26 Total expenses and disbursements. Add lines 24 and 25 6,990,959 759,652 0 6,243,051
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -2,759,529
b Net investment income (if negative, enter -0-) 3,382,188
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 1,417,758 1,322,098 1,322,098
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) 798,107 Click to see attachment560,078 566,868
b Investments—corporate stock (attach schedule)....... 9,123,086 Click to see attachment7,795,238 15,777,568
c Investments—corporate bonds (attach schedule)....... 1,332,818 Click to see attachment838,558 822,620
11 Investments—land, buildings, and equipment: basis bullet3,954,130
Less: accumulated depreciation (attach schedule) bullet1,368,817 3,201,755 Click to see attachment2,585,313 5,031,065
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 669,788 Click to see attachment682,497 680,013
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) 16,543,312 13,783,782 24,200,232
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment25,780 Click to see attachment25,780
23 Total liabilities (add lines 17 through 22)......... 25,780 25,780
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 16,517,532 13,758,002
29 Total net assets or fund balances (see instructions)..... 16,517,532 13,758,002
30 Total liabilities and net assets/fund balances (see instructions). 16,543,312 13,783,782
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
16,517,532
2
Enter amount from Part I, line 27a .....................
2
-2,759,529
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
13,758,003
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
13,758,003
Form 990-PF (2021)
Form 990-PF (2021)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a Publicly-traded Securities      
b HUDSON VIEW APT UNIT# 1E D 2012-06-26 2021-10-20
c HUDSON VIEW APT UNIT# 6F D 2012-06-26 2021-11-02
d HUDSON VIEW APT UNIT# 6G D 2012-06-26 2021-11-02
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 4,149,509   2,066,524 2,082,985
b 980,000   287,295 692,705
c 720,000   248,200 471,800
d 530,000   182,686 347,314
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       2,082,985
b       692,705
c       471,800
d       347,314
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 3,594,804
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  
3 Add lines 1 and 2........................... 3 47,012
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 47,012
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 23,452
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 29,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 52,452
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 5,440
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet5,440 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)
    bulletNY
    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 addressbullet  
    14
    The books are in care ofbulletFoundation Source Telephone no.bullet (800) 839-1754

    Located atbullet501 Silverside Road Suite 123WilmingtonDE ZIP+4bullet198091377
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
    Yes
     
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
    No
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
    Yes
     
    (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
    Yes
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
    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
    Glenn R Staack Trustee
    40.0     		361,220 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    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
    A J Clarke Real Estate Corp Real Estate Mgmt 332,761
    PO Box 516
    CHAMPLAIN,NY12919
    Cetera Advisor Networks LLC Investment Mgmt 89,683
    PO Box 293
    ST CLOUD,MN56301
    Foundation Source Administrative 83,081
    55 Walls Drive 3rd Fl
    FAIRFIELD,CT06824
    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
    17,163,705
    b
    Average of monthly cash balances.......................
    1b
    1,479,901
    c
    Fair market value of all other assets (see instructions)................
    1c
    7,545,104
    d
    Total (add lines 1a, b, and c).........................
    1d
    26,188,710
    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
    0
    3
    Subtract line 2 from line 1d.........................
    3
    26,188,710
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    392,831
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    25,795,879
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    1,289,794
    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
    1,289,794
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    47,012
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    47,012
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,242,782
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,242,782
    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
    1,242,782
    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 1,242,782
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only.......  
    b Total for prior years:2019, 2018, 2017  
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 1,120,102
    b From 2017...... 4,523,498
    c From 2018...... 810,127
    d From 2019...... 2,766,460
    e From 2020...... 1,003,419
    f Total of lines 3a through e ........ 10,223,606
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 6,243,051
    a Applied to 2020, but not more than line 2a  
    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..... 1,242,782
    e Remaining amount distributed out of corpus 5,000,269
    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 15,223,875
    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 ..........     		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) .......     		 
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		1,120,102
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		14,103,773
    10 Analysis of line 9:
    a Excess from 2017.... 4,523,498
    b Excess from 2018.... 810,127
    c Excess from 2019.... 2,766,460
    d Excess from 2020.... 1,003,419
    e Excess from 2021.... 5,000,269
    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).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    COLCHESTER AREA GATHERING PLACE
    711 MACOMB ST
    COLCHESTER,IL62326     		N/A PC General & Unrestricted 12,000
    GIRAFFE CONSERVATION FOUNDATION USA
    17 S MAGNOLIA AVE
    ORLANDO,FL32801     		N/A PC General & Unrestricted 50,000
    HEART OF TEXAS LAB RESCUE INC
    PO BOX 81821
    AUSTIN,TX78708     		N/A PC General & Unrestricted 6,000
    HUMANE SOCIETY OF UVALDE
    PO BOX 1650
    UVALDE,TX78802     		N/A PC Maddie's Dog Rescue 2,000
    HUMANE SOCIETY OF UVALDE
    PO BOX 1650
    UVALDE,TX78802     		N/A PC Flights to Forever 8,000
    MARK TERK CHARITABLE FOUNDATION
    4760 PRESTON RD STE 244-359
    FRISCO,TX75034     		N/A Other Expenditure Responsibility Grant 5,675,000
    UVALDE COUNTY JUNIOR LIVESTOCK SHOW ASSOCIATION
    PO BOX 1908
    UVALDE,TX78802     		N/A PC General & Unrestricted 40,000
    YOUNG MENS CHRISTIAN ASSOC OF MCDONOUGH CO
    400 E CALHOUN ST
    MACOMB,IL61455     		N/A PC Meals on Wheels Program Feeding McDonough County Hungry 5,000
    Total .................................bullet 3a 5,798,000
    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 ...........     		    14 928  
    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     16 -374,314  
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 3,664,937  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aK-1 Inc/Loss     		    14 466  
    bFederal Tax Refund     01 6,866  
    cINCOME FROM LIFE INSURANCE     01 12,591  
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) ..   3,600,811  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    3,600,811
    (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

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    TY 2021 DepreciationSchedule
    Name:
    Mark Paul Terk Charitable Trust
    EIN:
    80-6084948
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    REGO PARK A1 2008-05-25 151,000 46,883 SL 27 5,491 5,491 5,491  
    REGO PARK B16 2008-05-28 152,000 47,191 SL 27 5,527 5,527 5,527  
    REGO PARK D8 2008-05-25 154,000 47,814 SL 27 5,600 5,600 5,600  
    REGO PARK E4 2008-05-25 151,000 46,883 SL 27 5,491 5,491 5,491  
    HUDSON 11A 2012-06-26 549,080 170,047 SL 27 19,967 19,967 19,967  
    HUDSON 14A 2012-06-26 360,668 111,693 SL 27 13,115 13,115 13,115  
    HUDSON 14B 2012-06-26 192,352 59,572 SL 27 6,995 6,995 6,995  
    HUDSON 15E 2012-06-26 387,804 120,098 SL 27 14,102 14,102 14,102  
    HUDSON 16E 2012-06-26 274,088 84,883 SL 27 9,967 9,967 9,967  
    HUDSON 1E 2012-06-26 283,836 87,898 SL 27 8,601 8,601 8,601  
    HUDSON 5H 2012-06-26 360,668 111,693 SL 27 13,115 13,115 13,115  
    HUDSON 6B 2012-06-26 153,936 47,675 SL 27 5,598 5,598 5,598  
    HUDSON 6F 2012-06-26 230,920 71,512 SL 27 6,998 6,998 6,998  
    HUDSON 6G 2012-06-26 169,940 52,631 SL 27 5,150 5,150 5,150  
    HUDSON 8D 2012-06-26 317,408 98,296 SL 27 11,542 11,542 11,542  
    HUDSON 9D 2012-06-26 325,380 100,766 SL 27 11,832 11,832 11,832  
    HUDSON 9F 2012-06-26 245,270 75,958 SL 27 8,919 8,919 8,919  
    HUDSON 9G 2012-06-26 179,476 55,578 SL 27 6,526 6,526 6,526  

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    TY 2021 ExpenditureResponsibilityStmt
    Name:
    Mark Paul Terk Charitable Trust
    EIN:
    80-6084948
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    MARK TERK CHARITABLE FOUNDATION
          		4760 PRESTON ROAD STE 244-359
    FRISCO,TX75034     		2020-03-20 60,000 TO SUPPORT GENERAL OPERATING EXPENSES 60,000 NO 10/9/2022   NONE NECESSARY
    MARK TERK CHARITABLE FOUNDATION
          		4760 PRESTON ROAD STE 244-359
    FRISCO,TX75034     		2020-05-18 75,000 TO SUPPORT GENERAL OPERATING EXPENSES 75,000 NO 10/9/2022   NONE NECESSARY
    MARK TERK CHARITABLE FOUNDATION
          		4760 PRESTON ROAD STE 244-359
    FRISCO,TX75034     		2020-06-19 25,000 TO SUPPORT GENERAL OPERATING EXPENSES 25,000 NO 10/9/2022   NONE NECESSARY
    MARK TERK CHARITABLE FOUNDATION
          		4760 PRESTON ROAD STE 244-359
    FRISCO,TX75034     		2020-06-29 300,000 TO SUPPORT GENERAL OPERATING EXPENSES 300,000 NO 10/9/2022   NONE NECESSARY
    MARK TERK CHARITABLE FOUNDATION
          		4760 PRESTON ROAD STE 244-359
    FRISCO,TX75034     		2020-07-23 100,000 TO SUPPORT GENERAL OPERATING EXPENSES 100,000 NO 10/9/2022   NONE NECESSARY
    MARK TERK CHARITABLE FOUNDATION
          		4760 PRESTON ROAD STE 244-359
    FRISCO,TX75034     		2020-08-20 200,000 TO SUPPORT GENERAL OPERATING EXPENSES 200,000 NO 10/9/2022   NONE NECESSARY
    MARK TERK CHARITABLE FOUNDATION
          		4760 PRESTON ROAD STE 244-359
    FRISCO,TX75034     		2020-10-20 300,000 TO SUPPORT GENERAL OPERATING EXPENSES 300,000 NO 10/9/2022   NONE NECESSARY
    MARK TERK CHARITABLE FOUNDATION
          		4760 PRESTON ROAD STE 244-359
    FRISCO,TX75034     		2020-11-12 300,000 TO SUPPORT GENERAL OPERATING EXPENSES 300,000 NO 10/9/2022   NONE NECESSARY
    MARK TERK CHARITABLE FOUNDATION
          		4760 PRESTON ROAD STE 244-359
    FRISCO,TX75034     		2020-12-17 225,000 TO SUPPORT GENERAL OPERATING EXPENSES 225,000 NO 10/9/2022   NONE NECESSARY
    MARK TERK CHARITABLE FOUNDATION
          		4760 PRESTON ROAD STE 244-359
    FRISCO,TX75034     		2021-01-11 550,000 TO SUPPORT GENERAL OPERATING EXPENSES   NO expected in 2022   none necessary
    MARK TERK CHARITABLE FOUNDATION
          		4760 PRESTON ROAD STE 244-359
    FRISCO,TX75034     		2021-02-18 450,000 TO SUPPORT GENERAL OPERATING EXPENSES   NO expected in 2022   NONE NECESSARY
    MARK TERK CHARITABLE FOUNDATION
          		4760 PRESTON ROAD STE 244-359
    FRISCO,TX75034     		2021-04-01 750,000 TO SUPPORT GENERAL OPERATING EXPENSES   NO expected in 2022   None Necessary
    MARK TERK CHARITABLE FOUNDATION
          		4760 PRESTON ROAD STE 244-359
    FRISCO,TX75034     		2021-05-21 150,000 TO SUPPORT GENERAL OPERATING EXPENSES   NO expected in 2022   NONE NECESSARY
    MARK TERK CHARITABLE FOUNDATION
          		4760 PRESTON ROAD STE 244-359
    FRISCO,TX75034     		2021-06-01 500,000 TO SUPPORT GENERAL OPERATING EXPENSES   NO expected in 2022   NONE NECESSARY
    MARK TERK CHARITABLE FOUNDATION
          		4760 PRESTON ROAD STE 244-359
    FRISCO,TX75034     		2021-07-01 750,000 TO SUPPORT GENERAL OPERATING EXPENSES   NO expected in 2022   NONE NECESSARY
    MARK TERK CHARITABLE FOUNDATION
          		4760 PRESTON ROAD STE 244-359
    FRISCO,TX75034     		2021-08-13 300,000 TO SUPPORT GENERAL OPERATING EXPENSES   NO expected in 2022   NONE NECESSARY
    MARK TERK CHARITABLE FOUNDATION
          		4760 PRESTON ROAD STE 244-359
    FRISCO,TX75034     		2021-08-31 150,000 TO SUPPORT GENERAL OPERATING EXPENSES   NO expected in 2022   NONE NECESSARY
    MARK TERK CHARITABLE FOUNDATION
          		4760 PRESTON ROAD STE 244-359
    FRISCO,TX75034     		2021-09-08 250,000 TO SUPPORT GENERAL OPERATING EXPENSES   NO expected in 2022   NONE NECESSARY
    MARK TERK CHARITABLE FOUNDATION
          		4760 PRESTON ROAD STE 244-359
    FRISCO,TX75034     		2021-10-13 200,000 TO SUPPORT GENERAL OPERATING EXPENSES   NO expected in 2022   NONE NECESSARY
    MARK TERK CHARITABLE FOUNDATION
          		4760 PRESTON ROAD STE 244-359
    FRISCO,TX75034     		2021-10-22 850,000 TO SUPPORT GENERAL OPERATING EXPENSES   NO expected in 2022   NONE NECESSARY
    MARK TERK CHARITABLE FOUNDATION
          		4760 PRESTON ROAD STE 244-359
    FRISCO,TX75034     		2021-11-19 650,000 TO SUPPORT GENERAL OPERATING EXPENSES   NO expected in 2022   NONE NECESSARY
    MARK TERK CHARITABLE FOUNDATION
          		4760 PRESTON ROAD STE 244-359
    FRISCO,TX75034     		2021-12-27 125,000 TO SUPPORT GENERAL OPERATING EXPENSES   NO expected in 2022   NONE NECESSARY
    MARK TERK CHARITABLE FOUNDATION
          		4760 PRESTON ROAD STE 244-359
    FRISCO,TX75034     		2019-02-25 350,000 TO SUPPORT GENERAL OPERATING EXPENSES 350,000 NO 10/1/20, 10/7/22   NONE NECESSARY
    MARK TERK CHARITABLE FOUNDATION
          		4760 PRESTON ROAD STE 244-359
    FRISCO,TX75034     		2019-04-09 400,000 TO SUPPORT GENERAL OPERATING EXPENSES 400,000 NO 10/1/20, 10/7/22   NONE NECESSARY
    MARK TERK CHARITABLE FOUNDATION
          		4760 PRESTON ROAD STE 244-359
    FRISCO,TX75034     		2019-06-11 1,000,000 TO SUPPORT GENERAL OPERATING EXPENSES 1,000,000 NO 10/1/20, 10/7/22   NONE NECESSARY
    MARK TERK CHARITABLE FOUNDATION
          		4760 PRESTON ROAD STE 244-359
    FRISCO,TX75034     		2019-07-17 450,000 TO SUPPORT GENERAL OPERATING EXPENSES 450,000 NO 10/1/20, 10/7/22   NONE NECESSARY
    MARK TERK CHARITABLE FOUNDATION
          		4760 PRESTON ROAD STE 244-359
    FRISCO,TX75034     		2019-10-03 250,000 TO SUPPORT GENERAL OPERATING EXPENSES 250,000 NO 10/1/20, 10/7/22   NONE NECESSARY
    MARK TERK CHARITABLE FOUNDATION
          		4760 PRESTON ROAD STE 244-359
    FRISCO,TX75034     		2019-12-30 450,000 TO SUPPORT GENERAL OPERATING EXPENSES 450,000 NO 10/1/20, 10/7/22   NONE NECESSARY

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    Mark Paul Terk Charitable Trust
    EIN:
    80-6084948
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ALCOA INC - 5.125% - 10/01/202 20,250 21,550
    BALL CORP - 4.000% - 11/15/202 20,172 20,875
    BURLINGTON NORTHN SANTA - 6.15 38,825 42,597
    CB CLOUD PEAK ENER ESC NOTE 6. 20,571  
    CHESAPEAKE ENERGY CORP - 6.125 19,949  
    COMCAST CORP - 7.050% - 03/15/ 19,618 21,608
    EL PASO ENERGY CORP - 7.750% - 17,598 21,093
    EL PASO ENERGY CORP - 7.800% - 5,947 7,118
    FORD MTR CO - 7.450% - 07/16/2 19,392 20,313
    FRONTIER COMMS HLDGS - 5.875% 1,376 1,368
    GENL MOTORS FINL CO INC - 4.25 20,059 20,815
    GEORGIA PAC CORP - 8.000% - 01 27,277 22,717
    GOLDMAN SACHS GROUP INC - 6.12 38,182 46,137
    JPMORGAN CHASE & CO - 3.875% - 72,917 74,069
    JPMORGAN CHASE - 7.900% - 12/3 14,076 12,000
    LIBERTY MEDIA CORP - 8.250% - 21,292 21,900
    LUMEN TECHNOLOGIES INC - 7.600 20,663 21,450
    MICROSOFT CORP - 2.700% - 02/1 55,069 57,604
    MORGAN STANLEY FR - 3.700% - 1 35,061 37,281
    MOSAIC CO - 4.250% - 11/15/202 20,083 21,038
    NOVARTIS CAPITAL CORP - 3.400% 35,775 37,987
    OFFSHORE GROUP INVT ESCROW - 7    
    PNC FIN - 6.750% - 12/31/2049 29,013 24,878
    ROYAL CARIBBEAN CRUISES LTD - 32,373 30,300
    STARWOOD HOTELS - 4.500% - 10/ 29,127 33,924
    TECK RESOURCES LTD - 6.125% - 33,205 38,945
    TYSON FOODS INC NOTE - 4.875% 30,624 36,482
    VIACOM INC - 6.875% - 04/30/20 18,922 21,490
    WELLS FARGO CO MTN BE - 3.300% 35,521 37,862
    WEYERHAEUSER CO DEB - 7.375% - 19,017 21,125
    WILLIAMS COS - 4.550% - 06/24/ 20,060 21,406
    WINDSTREAM CORP SR NT - 7.750% 22,079  
    WPX ENERGY INC - 5.250% - 09/1 24,465 26,688

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    Mark Paul Terk Charitable Trust
    EIN:
    80-6084948
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ADIENT PLC 2,888 2,969
    AMERICAN AIRLINES GROUP INC 63,948 26,940
    APPLE INC 108,466 710,280
    BERKSHIRE HATHAWAY INC. CLASS 97,094 224,250
    BRISTOL-MYERS SQUIBB CO 27,950 31,175
    CHESAPEAKE ENERGY CL C WT EXP   590
    CHESAPEAKE ENERGY CORPORATION   581
    CONSTELLATION BRANDS INC 33,729 62,743
    CONSUMER DISCRETIONARY SELECT 221,676 592,876
    CUMMINS INC 49,076 109,070
    DB X TRACKERS MSCI EAFE HEDGED 144,862 188,182
    DELTA AIR LINES INC 68,457 58,620
    EVEREST RE GROUP LTD 17,540 27,392
    FIDELITY MSCI INFORMATION TECH 133,627 541,600
    FINANCIAL SELECT SECTOR SPDR F 261,129 490,468
    FRONTIER COMMUNICATIONS PARENT 11,846 13,182
    GENERAL ELECTRIC CO 32,207 11,809
    GENERAL MOTORS 111,298 205,205
    GILEAD SCIENCES INC 51,799 36,305
    GOLDMAN SACHS GROUP 45,572 95,638
    GROUP 1 AUTOMOTIVE INC 20,155 48,805
    INVESCO QQQ TRUST 321,749 1,193,549
    ISHARE SP SMALL CAP 600 INDEX 164,244 352,004
    ISHARES CURRENCY HEDGED MSCI E 201,185 251,161
    ISHARES GOLD TR 121,906 182,126
    ISHARES MSCI EMERGING MARKETS 185,876 195,400
    ISHARES NASDAQ BIOTECHNOLOGY 160,305 235,798
    ISHARES RUSSELL 2000 264,541 489,612
    ISHARES S&P 500 INDEX FD 130,828 451,710
    ISHARES TR S & P MIDCAP 400 IN 201,408 373,666
    ISHARES TRUST MSCI EAFE INDEX 208,373 236,040
    JOHNSON CONTROLS INTERNATIONAL 28,602 50,900
    KBW REGIONAL BANKING ETF 305,166 495,950
    MANDIANT, INC 35,251 17,540
    MONDELEZ INTERNATIONAL INC 34,039 49,733
    MORGAN STANLEY 66,342 196,320
    NIKE INC-CL B 77,209 200,004
    PEABODY ENERGY CORP 1,689 655
    PROSHARES SHR MSCI E 200,679 100,539
    SELECT SECTOR SPDR ENERGY FUND 258,018 194,250
    SELECT SECTOR SPDR INDUSTRIAL 84,365 235,004
    SELECT SECTOR SPDR-HEALTH CARE 172,765 335,459
    SPDR DOW JONES INDUSTRIAL AVER 217,506 454,150
    SPDR S&P 500 ETF TRUST 483,479 1,139,903
    SPDR S&P DIVIDEND ETF 152,113 258,240
    SPDR S&P MIDCAP 400 EFT TRUST 337,702 759,953
    TECHNOLOGY SPDR 122,620 434,675
    THE BLACKSTONE GROUP INC CL A 33,044 129,390
    VANGUARD FTSE EUROPEAN ETF 595,817 750,639
    VANGUARD HIGH DIV YIELD 249,774 426,018
    VANGUARD INFORMATION TECHNOLOG 130,305 575,920
    VANGUARD S&P SMALL CAP 600 202,800 420,260
    VANGUARD SF REIT ETF 185,052 310,095
    VANGUARD TOTAL STOCK MARKET ET 308,053 724,319
    WABTEC 385 461
    WALT DISNEY HOLDINGS CO 48,729 77,445

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    Mark Paul Terk Charitable Trust
    EIN:
    80-6084948
    US Government Securities - End of Year Book Value:

    493,850
    US Government Securities - End of Year Fair Market Value:

    493,725
    State & Local Government Securities - End of Year Book Value:


    66,228
    State & Local Government Securities - End of Year Fair Market Value:


    73,143


    TY 2021 InvestmentsLandSchedule2
    Name:
    Mark Paul Terk Charitable Trust
    EIN:
    80-6084948
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    REGO PARK A1 151,000 52,374 98,626  
    REGO PARK B16 152,000 52,718 99,282  
    REGO PARK D8 154,000 53,414 100,586  
    REGO PARK E4 151,000 52,374 98,626  
    HUDSON 11A 549,080 190,014 359,066  
    HUDSON 14A 360,668 124,808 235,860  
    HUDSON 14B 192,352 66,567 125,785  
    HUDSON 15E 387,804 134,200 253,604  
    HUDSON 16E 274,088 94,850 179,238  
    HUDSON 1E        
    HUDSON 5H 360,668 124,808 235,860  
    HUDSON 6B 153,936 53,273 100,663  
    HUDSON 6F        
    HUDSON 6G        
    HUDSON 8D 317,408 109,838 207,570  
    HUDSON 9D 325,380 112,598 212,782  
    HUDSON 9F 245,270 84,877 160,393  
    HUDSON 9G 179,476 62,104 117,372  

    TY 2021 InvestmentsOtherSchedule2
    Name:
    Mark Paul Terk Charitable Trust
    EIN:
    80-6084948
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    THE GUARDIAN LIFE INS - WHOLE   679,409 679,409
    VANTAGE DRILLING INTERNATIONAL   3,088 604

    TY 2021 LegalFeesSchedule
    Name:
    Mark Paul Terk Charitable Trust
    EIN:
    80-6084948
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    General Consultations 17,471 17,471    


    TY 2021 OtherExpensesSchedule
    Name:
    Mark Paul Terk Charitable Trust
    EIN:
    80-6084948
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 83,081     83,081
    Bank Charges 520 520    
    K-1 Exp VANTAGE DRILLING INTER 348 348    
    Postage/Delivery Service 8 8    
    Property insurance 7,138 7,138    
    Property Maintenance 445,430 445,430    
    State or Local Filing Fees 775 25   750


    TY 2021 OtherIncomeSchedule2
    Name:
    Mark Paul Terk Charitable Trust
    EIN:
    80-6084948
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    K-1 Inc/Loss VANTAGE DRILLING INTERNATIONAL 466 466  
    Federal Tax Refund 6,866    
    Income from Life Insurance 12,591    


    TY 2021 OtherLiabilitiesSchedule
    Name:
    Mark Paul Terk Charitable Trust
    EIN:
    80-6084948
    Description Beginning of Year - Book Value End of Year - Book Value
    SECURITY DEPOSITS PAYABLE TO TENANTS 25,780 25,780


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    Mark Paul Terk Charitable Trust
    EIN:
    80-6084948
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Appraisal Services 750 750    
    Investment Management Services 89,683 89,683    


    TY 2021 TaxesSchedule
    Name:
    Mark Paul Terk Charitable Trust
    EIN:
    80-6084948
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2021 19,600