TY 2021 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

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

OMB No. 1545-0047

2021

Open to Public Inspection

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

Name of foundation
The Carol H and Kevin W Sharer
Education Foundation

Number and street (or P.O. box number if mail is not delivered to street address)717 17th Street 2800
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
Denver, CO80202

A Employer identification number

46-3732125

B Telephone number (see instructions)

(303) 623-2700

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

$15,601,169J Accounting method: Cash Accrual
Other (specify)Hybrid
(Part I, column (d) must be on cash basis.)

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


1	Contributions, gifts, grants, etc., received (attach schedule)	1,522,575
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	301,409		301,409
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		1,515,129
b	Gross sales price for all assets on line 6a
7	Capital gain net income (from Part IV, line 2)...			1,515,129
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........	3,339,113		1,816,538
13	Compensation of officers, directors, trustees, etc.	57,561		0	57,561
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......	28,979		0	28,979
16a	Legal fees (attach schedule).........		18,826	0	18,826
b	Accounting fees (attach schedule).......		3,700	0	3,700
c	Other professional fees (attach schedule)....		65,218	65,218	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		16,004	4,008	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		20,585	0	20,585
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	210,873		69,226	129,651
25	Contributions, gifts, grants paid.......	616,400			616,400
26	Total expenses and disbursements. Add lines 24 and 25	827,273		69,226	746,051
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	2,511,840
b	Net investment income (if negative, enter -0-)			1,747,312
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

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

Form 990-PF (2021)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	1,137	1,136	1,136
	2	Savings and temporary cash investments.........	485,114	636,046	636,046
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	1,304,355	1,021,183	1,021,183
	b	Investments—corporate stock (attach schedule).......	8,045,413	10,787,091	10,787,091
	c	Investments—corporate bonds (attach schedule).......	2,665,708	2,607,227	2,607,227
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	439,099	548,486	548,486
	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)	12,940,826	15,601,169	15,601,169
	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	12,940,826	15,601,169
	29	Total net assets or fund balances (see instructions).....	12,940,826	15,601,169
	30	Total liabilities and net assets/fund balances (see instructions).	12,940,826	15,601,169

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) ...............

12,940,826

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

2,511,840

Other increases not included in line 2 (itemize) bullet

148,503

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

15,601,169

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 .

15,601,169

Form 990-PF (2021)

Page 3

Part IV

Capital Gains and Losses for Tax on Investment Income

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)		(b) How acquired P—Purchase D—Donation
1 a	Publicly traded securities	P
b
c
d
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				1,515,129
b
c
d
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			1,515,129
b
c
d
e

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	1,515,129
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Form 990-PF (2021)

Page 4

Part V

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

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	24,288
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	24,288
6	Credits/Payments:

a	2021 estimated tax payments and 2020 overpayment credited to 2021	6a	11,996
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	12,292
d	Backup withholding erroneously withheld ...........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	24,288
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	2
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	2
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2022 estimated tax	Refunded	11

Part VI-A

Statements Regarding Activities

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

Yes

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

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

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

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

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

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

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

(1) On the foundation. bullet

$ 0(2) On foundation managers. bullet

$ 0

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

on foundation managers. bullet

$ 0

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

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

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

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

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

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

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

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

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

By language in the governing instrument, or

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

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

Yes

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

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

Yes

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

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

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

Yes

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

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

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

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

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

Form 990-PF (2021)

Page 5

Part VI-A

Statements Regarding Activities (continued)

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

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

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

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

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

Yes

Website address bullet

N/A

The books are in care of bullet

Ireland Stapleton Pryor & Pascoe PC Telephone no. bullet

(303) 623-2700

Located at bullet

717 17th Street Suite 2800DenverCO ZIP+4 bullet

80202

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)

Yes

(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)

(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
Kevin W Sharer	Chairman/Director 2.00	0	0	0
717 17th Street Suite 2800 Denver,CO80202	Chairman/Director 2.00	0	0	0
Carol H Sharer	Secretary/Treasurer/Director 5.00	0	0	0
717 17th Street Suite 2800 Denver,CO80202	Secretary/Treasurer/Director 5.00	0	0	0
Jordan L Nuccio	Director 0.50	0	0	0
717 17th Street Suite 2800 Denver,CO80202	Director 0.50	0	0	0
Heather Deroos	Director 0.50	0	0	0
717 17th Street Suite 2800 Denver,CO80202	Director 0.50	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
Laura Steffen	President 40.00	57,561	0	0
717 17th Street Suite 2800 Denver,CO80202	President 40.00	57,561	0	0








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...................

539,154

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

10,724

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

13,998,938

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

14,548,816

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.........................

14,548,816

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

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

218,232

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

14,330,584

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

716,529

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..................

716,529

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

24,288

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

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

24,288

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

692,241

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

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

692,241

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

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

692,241

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				692,241
2 Undistributed income, if any, as of the end of 2021:
a Enter amount for 2020 only.......			355,010
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: $ 746,051
a Applied to 2020, but not more than line 2a			355,010
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.....				391,041
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 ..........				301,200
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).)

Kevin W Sharer

Carol H Sharer

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 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)

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
Colorado Mountain College Foundation 802 Grand Ave Glenwood Springs,CO81601	None	Public charity	Tuition support for Education	10,000
University of Colorado Foundation PO Box 17126 Denver,CO80217	None	Public charity	Tuition support for Education	169,400
Santa Monica College Foundation 1900 Pico Blvd Santa Monica,CA90405	None	Public charity	Tuition support for Education	172,000
University of California Berkeley Foundation 1995 University Ave Ste 401 Berkeley,CA94704	None	Public charity	Tuition support for Education	265,000
Total ................................. 3a				616,400

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 ...........
4 Dividends and interest from securities ....
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income .....
8 Gain or (loss) from sales of assets other than inventory ............			18	1,515,129
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		1,816,538	0

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

1,816,538

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

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

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

Form 990-PF (2021)

Page 13

Part XVI

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

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

Yes

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

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

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

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

If "Yes," complete the following schedule.

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

Sign Here

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

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

Form 990-PF (2021)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

Schedule B
(Form 990)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

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

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

OMB No. 1545-0047

2021

Name of the organization

The Carol H and Kevin W Sharer
Education Foundation

Employer identification number

46-3732125

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

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

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

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

501(c)(3) taxable private foundation

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

General Rule

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

Special Rules

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

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

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

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

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

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

Schedule B (Form 990) (2021) Page 2

Name of organization The Carol H and Kevin W Sharer Education Foundation

Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
1	Carol and Kevin Sharer 717 17th Street Suite 2800 Denver, CO80202	$ 1,522,575	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2021)

Schedule B (Form 990) (2021)

Page 3

Name of organization The Carol H and Kevin W Sharer Education Foundation		Employer identification number 46-3732125

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

Schedule B (Form 990) (2021)

Page 4


Name of organization The Carol H and Kevin W Sharer Education Foundation			Employer identification number 46-3732125
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

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

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

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

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

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

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

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

Schedule B (Form 990) (2021)

Additional Data

Software ID:
Software Version:

- TIN:

TY 2021 AccountingFeesSchedule

Name:

The Carol H and Kevin W Sharer

Education Foundation

EIN:

46-3732125

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Tax return preparation	3,700	0		3,700

- TIN:

TY 2021 InvestmentsCorpBondsSchedule

Name:

The Carol H and Kevin W Sharer

Education Foundation

EIN:

46-3732125

Name of Bond	End of Year Book Value	End of Year Fair Market Value
GS HIGH YIELD FUND CLASS P	1,242,886	1,242,886
DUKE ENERGY CORP 2.65% 09/01/2026 USD SR LIEN	41,788	41,788
FHLB 2.75% 12/13/2024 SR LIEN	131,636	131,636
NIKE, INC. 2.375% 11/01/2026 USD SR LIEN	78,705	78,705
JPMORGAN CHASE & CO. HYBRID 03/13/2026 USD SR LIEN CPN 03/13/20 2.005%	30,546	30,546
CHARLES SCHWAB CORPORATION (TH 0.9% 03/11/2026 USD SR LIEN	29,355	29,355
PAYPAL HOLDINGS, INC. 2.4% 10/01/2024 USD SR LIEN	26,030	26,030
EQUINOR ASA 1.75% 01/22/2026 USD SR LIEN	45,643	45,643
JPMORGAN CHASE & CO. HYBRID 04/01/2023 USD SR LIEN CPN 03/22/19 3.207%	25,350	25,350
THE BANK OF NOVA SCOTIA 4.5% 12/16/2025 USD SUB LIEN	16,513	16,513
CAPITAL ONE FINANCIAL CO 3.9% 01/29/2024 USD SR LIEN	37,413	37,413
ALLY FINANCIAL INC 3.875% 05/21/2024 USD SR LIEN	15,875	15,875
BANK OF AMERICA CORPORATION MTN 3.3% 01/11/2023 USD SER L SR LIEN	46,936	46,936
GOLDMAN SACHS BANK USA DEPOSIT (BDA)	23,482	23,482
SYNCHRONY FINANCIAL 4.5% 07/23/2025 USD SR LIEN	16,510	16,510
VODAFONE GROUP PUBLIC LIMITED 4.375% 05/30/2028 USD SR LIEN	37,280	37,280
CSX CORPORATION 3.25% 06/01/2027 USD SR LIEN	21,514	21,514
BOSTON SCIENTIFIC CORP 1.9% 06/01/2025 USD SR LIEN	30,396	30,396
APPLE INC. 0.55% 08/20/2025 USD SR LIEN	39,007	39,007
LEUCADIA NATIONAL CORPORATION 5.5% 10/18/2023 USD SR LIEN	26,374	26,374
XILINX INC 2.95% 06/01/2024 USD SR LIEN	51,872	51,872
ABBVIE INC 3.8% 03/15/2025 USD SER WI SR LIEN	10,761	10,761
GILEAD SCIENCES INC 0.75% 09/29/2023 USD SR LIEN	10,976	10,976
AT&T INC 4.25% 03/01/2027 USD SR LIEN	28,101	28,101
VERIZON COMMUNICATIONS, INC. 0.75% 03/22/2024 USD SR LIEN	9,981	9,981
BAXALTA INCORPORATED 4.0% 06/23/2025 USD SER WI SR LIEN	21,590	21,590
CONNECTICUT LIGHT & PWR 0.75% 12/01/2025 USD SER A SR LIEN	34,055	34,055
CARDINAL HEALTH, INC. 3.2% 03/15/2023 USD SR LIEN	10,363	10,363
ROYAL BK SCOTLND GRP PLC 6.0% 12/19/2023 USD SUB LIEN	21,778	21,778
REGIONS FINANCIAL CORP 1.8% 08/12/2028 USD SR LIEN	11,832	11,832
SUMITOMO MITSUI FINANCIAL GROU 3.446% 01/11/2027 USD SR LIEN	27,200	27,200
CITIGROUP INC. HYBRID 01/10/2028 USD SR LIEN CPN 01/10/17-04/09/27 3.887%	43,028	43,028
AIR LEASE CORPORATION 3.25% 03/01/2025 USD SR LIEN	15,732	15,732
REYNOLDS AMERICAN INC 4.45% 06/12/2025 USD SR LIEN	27,052	27,052
ARCH CAPITAL FINANCE LLC 4.011% 12/15/2026 USD SR LIEN	38,487	38,487
BOEING CO 4.508% 05/01/2023 USD SR LIEN	26,301	26,301
COSTCO WHOLESALE CORP 2.75% 05/18/2024 USD SR LIEN	52,115	52,115
U S DOLLAR	1,013	1,013
KLA-TENCOR CORPORATION 4.65% 11/01/2024 USD SR LIEN	54,605	54,605
AIR LEASE CORPORATION 2.625% 07/01/2022 SR LIEN	15,317	15,317
T-MOBILE USA, INC. 3.75% 04/15/2027 USD SER WI SR LIEN	16,372	16,372
WELLS FARGO & COMPANY MTN 4.1% 06/03/2026 USD SER M SUB LIEN	49,215	49,215
ENERGY TRANSFER PARTNERS 4.75% 01/15/2026 USD SR LIEN	27,880	27,880
FHLB 3.125% 09/12/2025	27,042	27,042
SPDR BLOOMBERG HIGH YIELD BOND ETF	1,737	1,737
ISHARES CORE U.S. AGGREGATE BOND ETF	4,449	4,449
ISHARES CORE U.S. AGGREGATE BOND ETF	5,134	5,134

- TIN:

TY 2021 InvestmentsCorpStockSchedule

Name:

The Carol H and Kevin W Sharer

Education Foundation

EIN:

46-3732125

Name of Stock	End of Year Book Value	End of Year Fair Market Value
CHAMPLAIN SMALL COMPANY FUND INSTITUTIONAL	402,252	402,252
ISHARES RUSSELL 2000 SMALL-CAP INDEX FUND K SHARES	384,814	384,814
JOHCM INTERNATIONAL SELECT FUND INSTITUTIONAL	666,998	666,998
SPDR DJ WILSHIRE GLOBAL REAL ESTATE ETF EXCHANGE TRADED FUND	452,240	452,240
GS GQG PARTNERS INTERNATIONAL OPPORTUNITIES FU CLASS P	640,068	640,068
STATE STREET HEDGED INTERNATIONAL DEVELOPED EQUITY INDEX FUND CLASS K	1,524,579	1,524,579
SPDR S&P 500 ETF TRUST	3,124,566	3,124,566
NVIDIA CORPORATION CMN	67,057	67,057
APPLIED MATERIALS INC CMN	127,934	127,934
MASTERCARD INCORPORATED CMN CLASS A	172,474	172,474
LAM RESEARCH CORPORATION CMN	118,187	118,187
APPLOVIN CORPORATION CMN CLASS A	150,816	150,816
META PLATFORMS INC CMN CLASS A	128,486	128,486
ALPHABET INC. CMN CLASS C	109,956	109,956
CARLYLE GROUP INC/THE CMN	130,388	130,388
COSTAR GROUP, INC. CMN	96,812	96,812
SKYWORKS SOLUTIONS, INC. CMN	111,546	111,546
HEICO CORP CL-A CMN CLASS A	84,952	84,952
UPSTART HOLDINGS, INC. CMN	101,371	101,371
QORVO, INC. CMN	112,601	112,601
KKR & CO. INC. CMN	108,919	108,919
GOLDMAN SACHS BANK USA DEPOSIT (BDA)	34,267	34,267
SPLUNK INC CMN	87,716	87,716
MICROSOFT CORPORATION CMN	99,551	99,551
TRANSDIGM GROUP INCORPORATED CMN	153,343	153,343
VISA INC. CMN CLASS A	100,987	100,987
AMAZON.COM INC CMN	160,048	160,048
SALESFORCE.COM, INC CMN	98,602	98,602
WAYFAIR INC. CMN	116,262	116,262
ISHARES MSCI EAFE ETF	1,735	1,735
SPDR DJ WILSHIRE GLOBAL REAL ESTATE ETF EXCHANGE TRADED FUND	961	961
ISHARES TRUST-ISHARES CURRENCY HEDGED MSCI EAFE ETF	1,767	1,767
ISHARES RUSSELL 2000 ETF	890	890
SPDR S&P 500 ETF TRUST	6,197	6,197
SPDR S&P 500 ETF TRUST	16,204	16,204
MASTERCARD INCORPORATED CMN CLASS A	54,257	54,257
INTUITIVE SURGICAL, INC. CMN	24,792	24,792
ALPHABET INC. CMN CLASS A	31,867	31,867
GOLDMAN SACHS BANK USA DEPOSIT (BDA)	12,446	12,446
ACCENTURE PLC CMN CLASS A	48,917	48,917
PAYPAL HOLDINGS, INC. CMN	23,950	23,950
NIKE CLASS-B CMN CLASS B	24,167	24,167
MSCI INC. CMN	17,768	17,768
DOCUSIGN, INC. CMN	6,549	6,549
VISA INC. CMN CLASS A	42,475	42,475
AIRBNB, INC. CMN CLASS A	31,300	31,300
ALPHABET INC. CMN CLASS C	86,808	86,808
NETFLIX, INC. CMN	30,724	30,724
ALIGN TECHNOLOGY, INC CMN	19,715	19,715
GARTNER, INC. CMN	32,763	32,763
MICROSOFT CORPORATION CMN	61,883	61,883
STARBUCKS CORP. CMN	27,956	27,956
ADOBE INC CMN	60,675	60,675
SALESFORCE.COM, INC CMN	50,826	50,826
ILLUMINA, INC CMN	19,783	19,783
AUTODESK, INC. CMN	36,555	36,555
ABBOTT LABORATORIES CMN	59,674	59,674
AMAZON.COM INC CMN	93,362	93,362
SERVICENOW INC CMN	40,245	40,245
UNITEDHEALTH GROUP INCORPORATE CMN	37,661	37,661
ZOETIS INC. CMN CLASS A	47,830	47,830
META PLATFORMS INC CMN CLASS A	66,597	66,597

- TIN:

TY 2021 InvestmentsGovtObligationsSch

Name:

The Carol H and Kevin W Sharer

Education Foundation

EIN:

46-3732125

US Government Securities - End of Year Book Value:

1,021,183

US Government Securities - End of Year Fair Market Value:

1,021,183

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

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

- TIN:

TY 2021 InvestmentsOtherSchedule2

Name:

The Carol H and Kevin W Sharer

Education Foundation

EIN:

46-3732125

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
GS STRATEGIC FACTOR ALLOCATION FUND CLASS P	FMV	385,835	385,835
KKR PRINCIPAL OPPORTUNITIES II	FMV	162,651	162,651

- TIN:

TY 2021 LegalFeesSchedule

Name:

The Carol H and Kevin W Sharer

Education Foundation

EIN:

46-3732125

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
General governance and counsel	18,826	0		18,826

- TIN:

TY 2021 OtherExpensesSchedule

Name:

The Carol H and Kevin W Sharer

Education Foundation

EIN:

46-3732125

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Other expenses	20,585	0		20,585

- TIN:

TY 2021 OtherIncreasesSchedule

Name:

The Carol H and Kevin W Sharer

Education Foundation

EIN:

46-3732125

Description	Amount
Unrealized gains	148,503

- TIN:

TY 2021 OtherProfessionalFeesSchedule

Name:

The Carol H and Kevin W Sharer

Education Foundation

EIN:

46-3732125

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Investment management fees	65,218	65,218		0

- TIN:

TY 2021 TaxesSchedule

Name:

The Carol H and Kevin W Sharer

Education Foundation

EIN:

46-3732125

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Foreign taxes	4,008	4,008		0
Excise taxes	11,996	0		0