TY 2021 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

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

OMB No. 1545-0047

2021

Open to Public Inspection

For calendar year 2021, or tax year beginning 06-01-2021 , and ending 05-31-2022

Name of foundation
J & V FLYNN FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)1921 W ALTORFER DRIVE
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
PEORIA, IL61615

A Employer identification number

37-1387143

B Telephone number (see instructions)

(309) 713-2812

C If exemption application is pending, check here bullet

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

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

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

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

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

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

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

$13,829,454J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

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


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments	196		196	196
4	Dividends and interest from securities...	206,514		206,514	206,514
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		1,780,286
b	Gross sales price for all assets on line 6a 6,657,295
7	Capital gain net income (from Part IV, line 2)...			1,780,286
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).......
12	Total. Add lines 1 through 11........	1,986,996		1,986,996	206,710
13	Compensation of officers, directors, trustees, etc.	0		0	0	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		19,735	0	0	0
c	Other professional fees (attach schedule)....
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		27,619	0	0	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		68	0	0	0
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	47,422		0	0	0
25	Contributions, gifts, grants paid.......	750,000				750,000
26	Total expenses and disbursements. Add lines 24 and 25	797,422		0	0	750,000
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	1,189,574
b	Net investment income (if negative, enter -0-)			1,986,996
c	Adjusted net income (if negative, enter -0-)...				206,710

For Paperwork Reduction Act Notice, see instructions.

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

Form 990-PF (2021)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	1,458,175	1,743,244	1,743,244
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........	47,774	20,155	20,155
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......	7,648,809	8,702,535	12,066,055
	c	Investments—corporate bonds (attach schedule).......	121,602	0	0
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	9,276,360	10,465,934	13,829,454
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	0	0
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	9,276,360	10,465,934
	29	Total net assets or fund balances (see instructions).....	9,276,360	10,465,934
	30	Total liabilities and net assets/fund balances (see instructions).	9,276,360	10,465,934

Part III

Analysis of Changes in Net Assets or Fund Balances

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

9,276,360

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

1,189,574

Other increases not included in line 2 (itemize) bullet

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

10,465,934

Decreases not included in line 2 (itemize) bullet

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

10,465,934

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	CALL JP MORGAN CHASE	P	2020-11-25	2021-06-07
b	CALL JP MORGAN CHASE	P	2021-01-26	2021-06-07
c	CALL MARATHON PETROLIUM	P	2021-01-22	2021-06-25
d	CALL JOHNSON & JOHNSON	P	2021-01-22	2021-06-18
e	CALL COSTCO WHSL CORP	P	2021-01-27	2021-06-18
	CALL CAPITAL ONE FNCL	P	2021-03-01	2021-06-18
	CALL VISA	P	2021-01-22	2021-06-18
	CALL FORD MOTOR CO	P	2021-02-04	2021-06-10
	CALL BORG WARNER AUTOMOT	P	2021-01-22	2021-07-08
	CALL MICROSOFT CORP	P	2021-04-13	2021-07-06
	CALL MICROSOFT CORP	P	2021-04-13	2021-07-06
	CALL MICROSOFT CORP	P	2021-04-13	2021-07-06
	CALL VISA	P	2021-04-08	2021-08-20
	CALL MICROSOFT CORP	P	2021-07-06	2021-08-23
	CALL MASTERCARD INC	P	2021-05-24	2021-08-20
	CALL ALPHABET INC CL A	P	2021-03-15	2021-08-09
	CALL BORG WARNER AUTOMOT	P	2021-07-08	2021-08-20
	CALL DOLLAR GENERAL	P	2021-05-24	2021-08-27
	CALL EXXON MOBIL CORP	P	2021-04-16	2021-09-17
	CALL CONOCOPHILLIPS	P	2021-05-19	2021-09-23
	CALL JOHNSON & JOHNSON	P	2021-06-22	2021-09-03
	CALL VISA	P	2021-06-21	2021-09-17
	CALL VERIZON COMMUNICATION	P	2021-04-19	2021-09-17
	CALL CITIZENS FINANCIAL	P	2020-12-22	2021-09-21
	CALL CHEVRON CORP	P	2021-04-21	2021-09-17
	CALL AMAZON COM INC	P	2021-04-16	2021-09-14
	CALL ALPHABET INC CL A	P	2021-08-19	2021-10-28
	CALL ALPHABET INC CL A	P	2021-08-19	2021-10-28
	CALL CAPITAL ONE FNCL	P	2021-06-18	2021-10-26
	CALL AMAZON COM INC	P	2021-09-14	2021-10-08
	CALL PAYPAL HOLDINGS	P	2021-02-16	2021-10-21
	CALL NVIDIA CORP	P	2021-06-07	2021-11-30
	CALL NVIDIA CORP	P	2021-06-07	2021-11-30
	CALL NVIDIA CORP	P	2021-06-07	2021-11-30
	CALL NVIDIA CORP	P	2021-06-07	2021-11-30
	CALL AMAZON.COM INC	P	2021-10-12	2021-11-18
	CALL CHEVRON CORP	P	2021-09-21	2021-11-30
	CALL EXXON MOBIL CORP	P	2021-09-21	2021-11-30
	CALL AMAZON.COM INC	P	2021-07-01	2021-12-07
	CALL AMAZON.COM INC	P	2021-11-18	2021-12-07
	CALL BORG WARNER AUTOMOT	P	2021-11-08	2021-12-17
	CALL FORD MOTOR CO	P	2021-06-10	2021-12-13
	CALL MASTERCARD INC	P	2021-08-23	2021-12-17
	CALL MICROSOFT CORP	P	2021-08-23	2021-12-07
	CALL MICROSOFT CORP	P	2021-08-23	2021-12-07
	CALL MARATHON PETROLEUM	P	2021-06-25	2021-12-01
	CALL VISA	P	2021-08-23	2021-12-17
	COSTCO WHSL CORP NEW COM	P	2021-01-27	2022-01-19
	COSTCO WHSL CORP NEW COM	P	2021-01-27	2022-01-20
	CALL JP MORGAN CHASE	P	2021-06-07	2022-01-14
	CALL JOHNSON & JOHNSON	P	2021-09-03	2022-01-21
	CALL ALPHABET INC CL A	P	2021-08-23	2022-01-21
	CALL VISA	P	2021-09-20	2022-01-21
	CALL PAYPAL HOLDINGS INC	P	2021-10-21	2022-02-16
	CALL DOLLAR GENERAL	P	2021-08-30	2022-02-18
	CALL TRANSOCEAN INC	P	2021-11-08	2022-02-18
	CALL BORG WARNER AUTOMOT	P	2022-01-10	2022-02-18
	CALL AMAZON.COM INC	P	2021-12-07	2022-03-31
	CALL CITIZENS FINANCIAL	P	2021-09-21	2022-03-28
	CALL EXXON MOBIL CORP	P	2021-11-30	2022-04-26
	CALL AMAZON.COM INC	P	2021-12-07	2022-04-29
	CALL AMAZON.COM INC	P	2021-03-31	2022-04-29
	CALL JOHNSON & JOHNSON	P	2022-01-26	2022-05-25
	CALL VISA	P	2022-01-26	2002-05-20
	CALL VISA	P	2022-01-26	2022-05-20
	CALL VISA	P	2022-01-26	2022-05-20
	AMAZON COM INC	P	2017-01-09	2021-06-18
	HOME DEPOT INC	P	2015-06-09	2021-06-01
	ALPHABET INC	P	2014-10-22	2021-08-20
	ALPHABET INC	P	2015-10-30	2021-08-20
	BANK OF AMERICA CORP	P	2014-08-22	2022-01-12
	PAYPAL HOLDINGS INC	P	2020-09-01	2022-02-16
	CONOCOPHILLIPS	P	2011-12-01	2022-03-29
	CONOCOPHILLIPS	P	2014-11-25	2022-03-29
	CONOCOPHILLIPS	P	2014-11-25	2022-03-29
	CONOCOPHILLIPS	P	2014-11-25	2022-03-29
	CONOCOPHILLIPS	P	2014-12-22	2022-03-29
	CONOCOPHILLIPS	P	2014-12-22	2022-05-13
	CALL MASTERCARD INC	P	2020-08-27	2021-06-21
	CALL: ANALOG DEVICES ONC	P	2020-12-31	2021-06-21
	CALL: MCDONALDS CORP	P	2020-12-31	2021-06-21
	CALL: QUALCOMM INC	P	2021-02-05	2021-06-21
	PGIM SHORT TERM CORP	P	2020-06-30	2021-06-11
	CONOCOPHILLIPS	P	2021-06-24	2021-08-20
	EOG RES INC	P	2021-07-12	2021-08-20
	CALL: ANALOG DEVICES INC	P	2021-06-29	2021-09-17
	CALL: APPLE INC	P	2021-06-29	2021-09-17
	CALL: BOEING COMPANY	P	2021-06-29	2021-09-17
	CALL: BRISTOL-MYERS SQUIBB CO	P	2021-06-29	2021-09-17
	CALL: CHEVRON CORP	P	2021-06-29	2021-09-17
	CALL: CITIGROUP INC COM	P	2021-06-29	2021-09-17
	CALL: DISNEY WALT COMPANY	P	2021-06-29	2021-09-17
	CALL: FACEBOOK INC	P	2021-06-29	2021-09-17
	CALL: GOLDMAN SACHS GROUP	P	2021-06-29	2021-09-17
	CALL: HONEYWELL INTERNATIONAL	P	2021-06-29	2021-09-17
	CALL: INTERNATIONAL BUSINESS	P	2021-06-29	2021-09-17
	CALL: JPMORGAN CHASE & CO	P	2021-06-29	2021-09-17
	CALL: MASTERCARD INC	P	2021-06-29	2021-09-17
	CALL: MCDONALDS CORP	P	2021-06-29	2021-09-17
	CALL: MICROSOFT CORP	P	2021-06-29	2021-09-17
	CALL: ORACLE CORP	P	2021-06-29	2021-09-17
	CALL: PAYPAL HLDGS INC	P	2021-06-29	2021-09-17
	CALL: SALESFORCE COM INC	P	2021-06-29	2021-09-17
	CALL: UNITEDHEALTH GROUP	P	2021-06-29	2021-09-17
	CALL: VISA INC COM	P	2021-06-29	2021-09-17
	ADVANCED MICRO DEVICES INCORP	P	2021-02-25	2021-09-17
	CALL: TJX COS INCORPORATED NEW	P	2021-06-29	2021-10-15
	CALL: PLUG POWER INC COM	P	2021-06-22	2021-11-02
	CALL: PNC FINL SERVICES GROUP	P	2021-07-12	2021-11-19
	CALL: COLGATE PALMOLIVE CO	P	2021-06-29	2021-11-19
	CALL: DOLLAR GENERAL CORP	P	2021-06-29	2021-11-19
	CALL: PACCAR INCORPORATED	P	2021-06-29	2021-11-19
	CALL: PACCAR INCORPORATED	P	2021-06-29	2021-11-19
	CALL: RAYTHEON TECHNOLOGIES	P	2021-06-29	2021-11-19
	CALL: ALPHABET INC	P	2021-12-16	2022-03-18
	CALL: ANALOG DEVICES INC	P	2021-12-16	2022-03-18
	CALL: APPLE INCORPORATED	P	2021-12-16	2022-03-18
	CALL: CISCO SYSTEMS INC	P	2021-12-16	2022-03-18
	CALL: NVIDIA CORPORATION	P	2021-12-16	2022-03-18
	CALL: CHEVRON CORPORATION	P	2022-01-05	2022-03-08
	CALL: CONOCOPHILLIPS	P	2022-01-05	2022-03-08
	CROWDSTRIKE HLDGS INCORPORATED	P	2021-09-01	2022-01-05
	CALL: DOLLAR GENERAL CORP	P	2022-01-05	2022-03-18
	CALL: HONEYWELL INTERNATIONAL	P	2022-01-05	2022-03-18
	CALL: MCDONALDS CORPORATION	P	2022-01-05	2022-03-18
	CALL: ORACLE CORPORATION	P	2022-01-05	2022-03-18
	CALL: PAYPAL HLDGS INC	P	2022-01-05	2022-02-18
	SALESFORCE COM INCORPORATED	P	2022-01-05	2022-01-22
	CALL: UNITEDHEALTH GROUP	P	2022-01-05	2022-03-18
	CALL: WALMART INCORPORATED	P	2022-01-05	2022-03-18
	PAYPAL HLDGS INCORPORATED	P	2021-02-26	2022-02-18
	PAYPAL HLDGS INCORPORATED	P	2021-11-05	2022-02-18
	BRISTOL-MYERS SQUIBB	P	2021-06-11	2022-04-08
	CITIGROUP INCORPORATED	P	2021-06-24	2022-04-26
	SALESFORCE COM INCORPORATED	P	2022-03-03	2022-04-26
	TARGET COM	P	2021-11-18	2022-05-03
	CALL AMAZON	P	2022-01-05	2022-04-14
	CALL BK OF AMERICA	P	2022-01-05	2022-04-14
	CALL BOEING COMPANY	P	2022-01-05	2022-04-14
	CALL CITIGROUP	P	2022-01-05	2022-04-14
	CALL COLGATE PALOMOLIVE	P	2022-01-05	2022-05-20
	CALL DISNEY WALT	P	2022-01-05	2022-04-08
	CALL GOLDMAN SACHS GROUP	P	2022-01-05	2022-04-14
	CALL JPMORGAN CHASE & COMPANY	P	2022-01-05	2022-04-14
	CALL JOHNSON & JOHNSON	P	2022-01-05	2022-04-14
	CALL MASTERCARD INC	P	2022-01-05	2022-04-14
	CALL MICROSOFT CORPORATION	P	2022-01-05	2022-04-14
	CALL NUCOR CORPORATION	P	2022-01-05	2022-04-08
	CALL PNC FINL SVCS	P	2022-01-05	2022-05-20
	CALL PFIZER INCORPORATED	P	2022-01-05	2022-04-14
	CALL QUALCOMM INCORPORATED	P	2022-01-05	2022-04-14
	CALL TJX INCORPORATED	P	2022-01-05	2022-04-14
	CALL VISA INC	P	2022-01-05	2022-04-14
	CALL RAYTHEON	P	2022-01-05	2022-05-20
	CALL TARGET	P	2022-01-05	2022-04-14
	AT&T INC	P	1993-11-22	2021-06-11
	AT&T INC	P	2017-06-20	2021-06-11
	PGIM SHORT TERM CORP	P	2010-11-18	2021-06-11
	PGIM SHORT TERM CORP	P	2010-11-18	2021-06-11
	MCDONALDS CORP	P	2011-12-01	2021-06-24
	MCDONALDS CORP	P	2012-05-18	2021-06-24
	MICROSOFT CORP	P	2011-05-16	2021-06-24
	NVIDIA CORP	P	2018-08-20	2021-06-24
	AMGEN INC	P	2020-06-25	2021-06-29
	META PLATFORMS INCORPORATED	P	2019-11-07	2021-10-04
	META PLATFORMS INCORPORATED	P	2020-07-22	2002-10-04
	INTERNATIONAL BUSINESS MACHINES	P	2020-02-24	2021-10-21
	CVS HEALTH CORPORATION	P	2019-10-08	2021-11-19
	BEST BUY INCORPORATED	P	2020-12-01	2022-01-05
	FREEPORT-MCMORAN INCORPORATED CLASS B	P	2007-03-20	2022-03-18
	FREEPORT-MCMORAN INCORPORATED CLASS B	P	2010-11-26	2022-03-18
	FREEPORT-MCMORAN INCORPORATED CLASS B	P	2012-08-23	2022-03-18
	DISNEY WALT COMPANY	P	2019-11-07	2022-04-08
	HALLIBURTON COMPANY	P	2014-08-12	2022-04-14
	HALLIBURTON COMPANY	P	2014-11-18	2022-04-14
	BOEING COMPANY	P	2019-01-04	2022-04-26

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	8,607	40,879	-32,272
b	4,834	21,086	-16,252
c	894	3,793	-2,899
d	2,542		2,542
e	3,905		3,905
	9,540	19,221	-9,681
	2,083		2,083
	576	506	70
	1,003	84	919
	1,770	2,218	-448
	8,871	11,054	-2,183
	7,097	8,843	-1,746
	1,537		1,537
	15,361	28,784	-13,423
	1,119		1,119
	13,904	62,518	-48,614
	963		963
	2,537	5,963	-3,426
	3,779		3,779
	12,888	19,050	-6,162
	486	722	-236
	952		952
	1,430		1,430
	2,734	4,329	-1,595
	7,174		7,174
	9,904	53	9,851
	10,282	14,344	-4,062
	10,282	14,339	-4,057
	12,044	16,899	-4,855
	1,947		1,947
	18,611	468	18,143
	879	15,607	-14,728
	1,758	30,961	-29,203
	1,758	31,206	-29,448
	879	15,452	-14,573
	1,720	8,102	-6,382
	2,321	16,910	-14,589
	1,579	3,778	-2,199
	40,633	12,154	28,479
	12,597	7,375	5,222
	643		643
	543	967	-424
	1,057		1,057
	21,022	41,900	-20,878
	2,332	4,656	-2,324
	3,008	2,839	169
	1,142		1,142
	127,585	107,597	19,988
	85,055	71,732	13,323
	30,808	14,508	16,300
	1,388		1,388
	12,317		12,317
	739		739
	2,864	74	2,790
	5,613		5,613
	558		558
	569		569
	44,635	6,102	38,533
	2,734	4,430	-1,696
	5,650	46,618	-40,968
	21,273	1,638	19,635
	20,757	4,133	16,624
	1,536	2,186	-650
	1,075		1,075
	540		540
	180		180
	1,095,047	238,921	856,126
	149,551	55,219	94,332
	671,791	164,291	507,500
	223,930	74,184	149,746
	37,967	16,512	21,455
	55,196	104,524	-49,328
	7,373	5,580	1,793
	60,973	59,624	1,349
	44,236	43,255	981
	34,873	34,103	770
	58,982	55,861	3,121
	88,375	83,792	4,583
	11,965		11,965
	5,186		5,186
	5,927		5,927
	3,970		3,970
	2,736	2,736	0
	156,585	185,353	-28,768
	95,629	125,699	-30,070
	6,244		6,244
	1,398		1,398
	1,842		1,842
	1,688		1,688
	3,468		3,468
	3,450		3,450
	2,094		2,094
	5,392		5,392
	2,321		2,321
	794		794
	1,147		1,147
	2,408		2,408
	1,122		1,122
	1,664		1,664
	2,132		2,132
	1,021	1,509	-488
	2,185		2,185
	934		934
	2,292		2,292
	1,572		1,572
	101,154	85,647	15,507
	2,791		2,791
	10,440	13,196	-2,756
	1,101		1,101
	982		982
	1,375		1,375
	4,114		4,114
	2,888		2,888
	2,055		2,055
	6,237		6,237
	9,375		9,375
	2,849		2,849
	2,868		2,868
	27,416		27,416
	2,604	87,505	-84,901
	2,422	31,365	-28,943
	92,697	137,497	-44,800
	1,557		1,557
	1,273		1,273
	4,542		4,542
	963		963
	5,139	151	4,988
	117,787	114,076	3,711
	3,155		3,155
	1,858		1,858
	51,632	130,680	-79,048
	51,631	113,937	-62,306
	153,124	135,591	17,533
	99,816	143,373	-43,557
	84,036	104,894	-20,858
	114,052	127,039	-12,987
	4,797		4,797
	4,459		4,459
	2,109		2,109
	1,668		1,668
	1,021		1,021
	2,995	51	2,944
	5,037		5,037
	7,876		7,876
	1,263		1,263
	2,844		2,844
	4,129		4,129
	9,385	28,812	-19,427
	3,672		3,672
	3,259		3,259
	3,907		3,907
	2,480		2,480
	1,639		1,639
	2,359		2,359
	862		862
	2,897	2,057	840
	92,711	124,913	-32,202
	19,580	19,090	490
	97,840	100,000	-2,160
	138,978	58,170	80,808
	23,163	9,008	14,155
	211,434	19,968	191,466
	229,032	75,012	154,020
	120,420	117,464	2,956
	194,666	115,623	79,043
	162,222	121,666	40,556
	131,213	148,154	-16,941
	186,369	122,219	64,150
	103,421	108,991	-5,570
	25,210	4,639	20,571
	4,218	4,375	-157
	132,424	99,318	33,106
	129,909	133,648	-3,739
	45,417	104,774	-59,357
	15,139	25,217	-10,078
	66,475	131,648	-65,173

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			-32,272
b			-16,252
c			-2,899
d			2,542
e			3,905
			-9,681
			2,083
			70
			919
			-448
			-2,183
			-1,746
			1,537
			-13,423
			1,119
			-48,614
			963
			-3,426
			3,779
			-6,162
			-236
			952
			1,430
			-1,595
			7,174
			9,851
			-4,062
			-4,057
			-4,855
			1,947
			18,143
			-14,728
			-29,203
			-29,448
			-14,573
			-6,382
			-14,589
			-2,199
			28,479
			5,222
			643
			-424
			1,057
			-20,878
			-2,324
			169
			1,142
			19,988
			13,323
			16,300
			1,388
			12,317
			739
			2,790
			5,613
			558
			569
			38,533
			-1,696
			-40,968
			19,635
			16,624
			-650
			1,075
			540
			180
			856,126
			94,332
			507,500
			149,746
			21,455
			-49,328
			1,793
			1,349
			981
			770
			3,121
			4,583
			11,965
			5,186
			5,927
			3,970
			0
			-28,768
			-30,070
			6,244
			1,398
			1,842
			1,688
			3,468
			3,450
			2,094
			5,392
			2,321
			794
			1,147
			2,408
			1,122
			1,664
			2,132
			-488
			2,185
			934
			2,292
			1,572
			15,507
			2,791
			-2,756
			1,101
			982
			1,375
			4,114
			2,888
			2,055
			6,237
			9,375
			2,849
			2,868
			27,416
			-84,901
			-28,943
			-44,800
			1,557
			1,273
			4,542
			963
			4,988
			3,711
			3,155
			1,858
			-79,048
			-62,306
			17,533
			-43,557
			-20,858
			-12,987
			4,797
			4,459
			2,109
			1,668
			1,021
			2,944
			5,037
			7,876
			1,263
			2,844
			4,129
			-19,427
			3,672
			3,259
			3,907
			2,480
			1,639
			2,359
			862
			840
			-32,202
			490
			-2,160
			80,808
			14,155
			191,466
			154,020
			2,956
			79,043
			40,556
			-16,941
			64,150
			-5,570
			20,571
			-157
			33,106
			-3,739
			-59,357
			-10,078
			-65,173

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	1,780,286
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3	-298,926

Form 990-PF (2021)

Page 4

Part V

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

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	27,619
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	27,619
6	Credits/Payments:

a	2021 estimated tax payments and 2020 overpayment credited to 2021	6a	47,774
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ...........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	47,774
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	20,155
11	Enter the amount of line 10 to be: Credited to 2022 estimated tax20,155	Refunded	11	0

Part VI-A

Statements Regarding Activities

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

Yes

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

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

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

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

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

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

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

(1) On the foundation. bullet

$ 0(2) On foundation managers. bullet

$ 0

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

on foundation managers. bullet

$ 0

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

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

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

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

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

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

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

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

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

By language in the governing instrument, or

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

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

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

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

Yes

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

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

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

Yes

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

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

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

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

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

Form 990-PF (2021)

Page 5

Part VI-A

Statements Regarding Activities (continued)

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

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

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

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

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

Yes

Website address bullet

N/A

The books are in care of bullet

WILLIAM R PILLMAN CPA Telephone no. bullet

(309) 713-2812

Located at bullet

1921 W ALTORFER DRIVEPEORIAIL ZIP+4 bullet

61615

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

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

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

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

16 No

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

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required

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

Yes

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

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

1a(1)

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

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

1a(2)

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

1a(3)

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

1a(4)

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

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

1a(5)

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

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

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

1a(6)

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

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

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

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

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

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

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

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

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

If "Yes," list the years bullet

20, 20, 20, 20

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

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

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

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

20, 20, 20, 20

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

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

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

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

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

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

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

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

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

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

Form 990-PF (2021)

Page 6

Part VI-B

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

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

Yes

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

5a(1)

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

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

5a(2)

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

5a(3)

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

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

5a(4)

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

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

5a(5)

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Part VII

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

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

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
WILLIAM R PILLMAN	PRESIDENT 1.00	0	0	0
1921 W ALTORFER DRIVE PEORIA,IL61615	PRESIDENT 1.00	0	0	0
SALLY A PILLMAN	TRUSTEE 1.00	0	0	0
1921 W ALTORFER DRIVE PEORIA,IL61615	TRUSTEE 1.00	0	0	0
JENNIFER PILLMAN	TRUSTEE 1.00	0	0	0
1921 W ALTORFER DRIVE PEORIA,IL61615	TRUSTEE 1.00	0	0	0

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


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









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

Form 990-PF (2021)

Page 7

Part VII

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

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

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

Part VIII-A

Summary of Direct Charitable Activities

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


2


3


4

Part VIII-B

Summary of Program-Related Investments (see instructions)

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


2


All other program-related investments. See instructions.
3

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

Form 990-PF (2021)

Page 8

Part IX

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

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

purposes:

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

12,698,682

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

1,600,710

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

33,965

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

14,333,357

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

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

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

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

14,333,357

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

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

215,000

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

14,118,357

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

705,918

Part X

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

and do not complete this part.)

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

705,918

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

27,619

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

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

27,619

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

678,299

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

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

678,299

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

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

678,299

Part XI

Qualifying Distributions (see instructions)

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

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

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

Form 990-PF (2021)

Page 9

Part XII

Undistributed Income (see instructions)

	(a) Corpus	(b) Years prior to 2020	(c) 2020	(d) 2021
1 Distributable amount for 2021 from Part X, line 7				678,299
2 Undistributed income, if any, as of the end of 2021:
a Enter amount for 2020 only.......			509,711
b Total for prior years:20, 20, 20		0
3 Excess distributions carryover, if any, to 2021:
a From 2016......
b From 2017......
c From 2018......
d From 2019......
e From 2020......
f Total of lines 3a through e ........	0
4Qualifying distributions for 2021 from Part
XI, line 4: $ 750,000
a Applied to 2020, but not more than line 2a			509,711
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.....				240,289
e Remaining amount distributed out of corpus	0
5 Excess distributions carryover applied to 2021.	0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5	0
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........		0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......		0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........		0
e Undistributed income for 2019. Subtract line 4a from line 2a. Taxable amount—see instructions .............			0
f Undistributed income for 2021. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2022 ..........				438,010
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......	0
8 Excess distributions carryover from 2016 not applied on line 5 or line 7 (see instructions) ...	0
9 Excess distributions carryover to 2022. Subtract lines 7 and 8 from line 6a ......	0
10 Analysis of line 9:
a Excess from 2017....
b Excess from 2018....
c Excess from 2019....
d Excess from 2020....
e Excess from 2021....

Form 990-PF (2021)

Page 10

Part XIII

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

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

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

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

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

Part XIV

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

1Information Regarding Foundation Managers:

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

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

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

Check here bullet

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

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

WILLIAM R PILLMAN
1921 W ALTORFER DRIVE
PEORIA,IL61615
(309) 713-2812

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

NO PRESCRIBED FORM

cAny submission deadlines:

NONE

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

NONE

Form 990-PF (2021)

Page 11

Part XIV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
PEORIA RIVERFRONT MUSEUM 222 SW WASHINGTON STREET PEORIA,IL61602	NONE	N/A	EDUCATIONAL	150,000
WHIP 1235 PEORIA STREET WASHINGTON,IL61571	NONE	N/A	CHARITABLE	15,000
MIDWEST FOOD BANK 9005 N INDUSTRIAL ROAD PEORIA,IL61615	NONE	N/A	CHARITABLE	20,000
BOYS AND GIRLS CLUB OF GREATER PEORIA 806 E KANSAS PEORIA,IL61603	NONE	N/A	EDUCATIONAL	100,000
WTVP-PBS 101 STREET STREET PEORIA,IL61602	NONE	N/A	EDUCATIONAL	50,000
CHRIST LUTHERAN SCHOOL 1311 S FARADAY PEORIA,IL61605	NONE	N/A	CHARITABLE	70,000
RED CLOUD INDIAN SCHOOL 100 MISSION DRIVE PINE RIDGE,SD57770	NONE	N/A	EDUCATIONAL	20,000
CUMBERLAND COLLEGE 6191 COLLEGE STATION DRIVE WILLIAMSBURG,KY407691372	NONE	N/A	EDUCATIONAL	10,000
ILLINOIS WESLEYAN UNIVERSITY PO BOX 2900 BLOOMINGTON,IL61702	NONE	N/A	EDUCATIONAL	40,000
BRADLEY UNIVERSITY 1501 W BRADLEY PEORIA,IL616061048	NONE	N/A	EDUCATIONAL	10,000
EUREKA COLLEGE 300 E COLLEGE EUREKA,IL61530	NONE	N/A	EDUCATIONAL	40,000
MONMOUTH COLLEGE 700 E BROADWAY MONMOUTH,IL61462	NONE	N/A	EDUCATIONAL	40,000
PEORIA HEIGHTS CONGREGATIONAL CHURCH 4906 N PROSPECT ROAD PEORIA HEIGHTS,IL61616	NONE	N/A	CHARITABLE	35,000
CHILDREN'S HOSPITAL OF ILLINOIS 530 N E GLEN OAK AVENUE PEORIA,IL61603	NONE	N/A	CHARITABLE	50,000
SOPHIA'S KITCHEN 504 FULTON STREET PEORIA,IL61602	NONE	N/A	CHARITABLE	100,000
Total ................................. 3a				750,000

bApproved for future payment

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

Form 990-PF (2021)

Page 12

Part XV-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........					196
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 ............					1,780,286
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		0		0	1,986,996

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

1,986,996

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

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)
1	THE ORGANIZATION IS ORGANIZED FOR THE EXCLUSIVE PURPOSE OF HOLDING TITLE TO PROPERTY, COLLECTING INCOME THEREFROM, AND TURNING OVER THE ENTIRE AMOUNT LESS EXPENSES TO EXEMPT ORGANIZATIONS. THE INDIVIDUAL LINE ITEMS ALLOW THE ORGANIZATION THE ABILITY TO DETERMINE THE TIMING AND AMOUNT OF THE INDIVIDUAL GRANTS IN ORDER TO FACILITATE THE MAXIMUM BENEFIT FROM LIMITED FUNDS. THIS ADDITIONALLY ALLOWS THE TRUSTEES
8	TIME TO CONSIDER ALL REQUESTS AS TO APPROPRIATENESS AND URGENCY.

Form 990-PF (2021)

Page 13

Part XVI

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

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

Yes

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

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

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

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

If "Yes," complete the following schedule.

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

Sign Here

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

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

Form 990-PF (2021)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2021 AccountingFeesSchedule

Name:

J & V FLYNN FOUNDATION

EIN:

37-1387143

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
	19,735	0	0	0

- TIN:

TY 2021 InvestmentsCorpStockSchedule

Name:

J & V FLYNN FOUNDATION

EIN:

37-1387143

Name of Stock	End of Year Book Value	End of Year Fair Market Value
CHAPIN DAVIS	4,379,100	4,722,345
RAYMOND JAMES	4,323,435	7,343,710

- TIN:

TY 2021 OtherExpensesSchedule

Name:

J & V FLYNN FOUNDATION

EIN:

37-1387143

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ADR FEE	27	0	0	0
FILING FEES	25	0	0	0
PUBLICATION FEE	16	0	0	0

- TIN:

TY 2021 TaxesSchedule

Name:

J & V FLYNN FOUNDATION

EIN:

37-1387143

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
EXCISE TAX	27,619	0	0	0