Form990-PF


Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
KARL & GEORGIA MARTIN SRANNA BELLE
FLYNN KARL & JUNE MARTIN JR FDN
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 14940
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
OKLAHOMA CITY, OK73113
A Employer identification number

73-1504147
B Telephone number (see instructions)

(405) 840-8401
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$10,221,620J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 16,595 16,595 16,595
4 Dividends and interest from securities... 148,622 148,622 148,622
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 1,115,232
b Gross sales price for all assets on line 6a 3,061,273
7 Capital gain net income (from Part IV, line 2)... 32,402
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 324,934 324,934 324,934
12 Total. Add lines 1 through 11........ 1,605,383 522,553 490,151
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 25 25 25  
b Accounting fees (attach schedule)....... Click to see attachment 14,409 14,409 14,409  
c Other professional fees (attach schedule).... Click to see attachment 81,197 81,197 81,197  
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 21,891 21,891 21,891  
19 Depreciation (attach schedule) and depletion... Click to see attachment 47,690 47,690 47,690
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 24,235 24,235 24,235  
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 189,447 189,447 189,447 0
25 Contributions, gifts, grants paid....... 425,000 425,000
26 Total expenses and disbursements. Add lines 24 and 25 614,447 189,447 189,447 425,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 990,936
b Net investment income (if negative, enter -0-) 333,106
c Adjusted net income (if negative, enter -0-)... 300,704
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 14,618 22,918 22,918
2 Savings and temporary cash investments......... 439,812 524,513 524,513
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 3,083,625 Click to see attachment3,649,865 5,612,247
c Investments—corporate bonds (attach schedule)....... 2,229,373 Click to see attachment2,699,613 2,959,370
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 524,235 Click to see attachment524,235 1,102,572
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 6,291,663 7,421,144 10,221,620
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 6,291,663 7,421,144
29 Total net assets or fund balances (see instructions)..... 6,291,663 7,421,144
30 Total liabilities and net assets/fund balances (see instructions). 6,291,663 7,421,144
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
6,291,663
2
Enter amount from Part I, line 27a .....................
2
990,936
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
138,545
4
Add lines 1, 2, and 3 ..........................
4
7,421,144
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
7,421,144
Form 990-PF (2021)
Form 990-PF (2021)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1a
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
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
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 32,402
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 4,630
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 4,630
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 3,420
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 3,420
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 27
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 1,237
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet   RefundedBullet 11  
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletOK
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.TRUSTOK.COM
    14
    The books are in care ofbulletTRUST COMPANY OF OKLAHOMA Telephone no.bullet (405) 840-8401

    Located atbulletP O BOX 14940OKLAHOMA CITYOK ZIP+4bullet73113
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
     
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    RICHARD A GORANSON TRUSTEE
    1.00     		0 0 0
    780 E BRITTON ROAD
    OKLAHOMA CITY,OK73114
    JOE WOMACK TRUSTEE
    1.00     		0 0 0
    2001 WEST CHURCHILL STREET APT 201
    CHICAGO,IL60647
    CLELL I CUNNINGHAM TRUSTEE
    1.00     		0 0 0
    780 E BRITTON ROAD
    OKLAHOMA CITY,OK73114
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............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 ASSISTANCE GIVEN TO THE OSU FOUNDATION - RENEWABLE ENERGY PROGRAM / PETROLEUM ENGINEERING & GEOLOGY PROGRAM 135,000
    2 SCHOLARHIPS FOR NURSING AT THE UNIVERSITY OF CENTRAL OKLAHOMA 50,000
    3 SCHOLARHIPS FOR NURSING AT THE UNIVERSITY OF OKLAHOMA 50,000
    4 ASSISTANCE GIVEN TO SPECIAL CARE INC. - FUNDING DAYCARE PROGRAMS FOR SPECIAL NEEDS CHILDREN 50,000
    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 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    8,677,655
    b
    Average of monthly cash balances.......................
    1b
    197,665
    c
    Fair market value of all other assets (see instructions)................
    1c
    1,102,572
    d
    Total (add lines 1a, b, and c).........................
    1d
    9,977,892
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    9,977,892
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    149,668
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    9,828,224
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    491,411
    Part X
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part IX, line 6..................
    1
    491,411
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    4,630
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    4,630
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    486,781
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    486,781
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    486,781
    Part XI
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 486,781
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 41,269
    b From 2017...... 109,826
    c From 2018...... 89,266
    d From 2019...... 85,267
    e From 2020...... 341,982
    f Total of lines 3a through e ........ 667,610
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 425,000
    a Applied to 2020, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2021 distributable amount..... 425,000
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2021. 61,781 61,781
    (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 5 605,829
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		605,829
    10 Analysis of line 9:
    a Excess from 2017.... 89,314
    b Excess from 2018.... 89,266
    c Excess from 2019.... 85,267
    d Excess from 2020.... 341,982
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    JOE WOMACK
    6307 WATERFORD BLVD STE 160
    OKLAHOMA CITY,OK73118
    (405) 840-8401
    bThe form in which applications should be submitted and information and materials they should include:
    PREPRINTED APPLICATION SHOULD BE REQUESTED FROM THE FOUNDATION.
    cAny submission deadlines:
    APRIL 30 FOR THE FOLLOWING FALL SCHOOL YEAR
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    PRIMARY PURPOSE FOR OKLAHOMA COLLEGES AND NON PROFIT ORGANIZATIONS TO FURTHER THE EDUCATION OF STUDENTS IN THE FIELDS OF PETROLEUM,AEROSPACE ENGINEERING, ENERGY, ENGINEERING, EDUCATION, NURSING & OTHER FIELDS OF STUDY.
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    THE UNIVERSITY OF OKLAHOMA
    1100 N STONEWALL AVE
    NORMAN,OK73117     		    FOR NURSING SCHOLORSHIPS 50,000
    UNIVERSITY OF CENTRAL OKLAHOMA
    100 N UNIVERSITY DRIVE
    EDMOND,OK73034     		    FOR NURSING SCHOLARSHIPS 50,000
    SPECIAL CARE INC
    12201 N WESTERN AVE
    OKLAHOMA CITY,OK73114     		    PROVIDE CARE FOR CHILDREN 50,000
    POSITIVE TOMORROWS
    PO BOX 61190
    OKLAHOMA CITY,OK73146     		    PROVIDE ELEM. EDUCATION TO HOMELESS 30,000
    PIVOT INC
    201 NE 50TH STREET
    OKLAHOMA CITY,OK731051811     		    ASSISTING FAMILIES AND CHILDREN 10,000
    OKLAHOMA CITY COMMUNITY COLLEGE
    7777 S MAY AVE
    OKLAHOMA CITY,OK73159     		    SCHOLARSHIPS & FUND ART PROGRAM 20,000
    OSU FOUNDATION
    400 SOUTH MONROE
    STILLWATER,OK74074     		    RENEWABLE ENERGY PROGRAM 60,000
    OSU FOUNDATION
    400 SOUTH MONROE
    STILLWATER,OK74074     		    PETROLEUM ENGINEERING & GEOLOGY 75,000
    THE DRAGONFLY HOME
    PO BOX 94613
    OKLAHOMA CITY,OK73143     		    FOR VICTIMS OF HUMAN TRAFFICKING 50,000
    MEALS ON WHEELS OF METRO TULSA
    5151 E 51ST ST
    TULSA,OK74135     		    MEALS FOR THE HOMELESS 10,000
    EDMOND MOBILE MEALS
    25 W 3D ST
    EDMOND,OK73003     		    MEALS FOR THE HOMELESS 10,000
    ENDING HUNGER OKC
    222 NW 15TH ST
    OKLAHOMA CITY,OK73103     		    MEALS FOR THE HOMELESS 10,000
    Total .................................bullet 3a 425,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 16,595  
    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 1,115,232  
    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) ..   1,605,383  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,605,383
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 AccountingFeesSchedule
    Name:
    KARL & GEORGIA MARTIN SRANNA BELLE
     
    FLYNN KARL & JUNE MARTIN JR FDN
    EIN:
    73-1504147
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INDIRECT ACCOUNTING FEES 14,409 14,409 14,409  

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2021 DepreciationSchedule
    Name:
    KARL & GEORGIA MARTIN SRANNA BELLE
     
    FLYNN KARL & JUNE MARTIN JR FDN
    EIN:
    73-1504147
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    DEPLETION     64,828     47,690 47,690 47,690  

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    TY 2021 GainLossSaleOtherAssetsSch
    Name:
    KARL & GEORGIA MARTIN SRANNA BELLE
     
    FLYNN KARL & JUNE MARTIN JR FDN
    EIN:
    73-1504147
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    ST COVERED - SEE ATTACHED 2021-01 PURCHASE 2021-12   182,095 160,199     21,896  
    LT COVERED - SEE ATTACHED 2020-01 PURCHASE 2021-12   1,238,125 630,337     607,788  
    LT NONCOVERED - SEE ATTACHED 2020-01 PURCHASE 2021-12   378,086 63,248     314,838  
    FIDELITY MSCI FINLS INDEX ETF 2020-12 PURCHASE 2021-09   5,923 4,499     1,424  
    ISHARES CORE US AGGREGATE BOND ETF 2021-03 PURCHASE 2021-12   39,830 39,966     -136  
    ISHARES TIPS BOND ETF 2020-12 PURCHASE 2021-12   69,358 68,421     937  
    ISHARES TR PFD AND INCM SEC 2020-04 PURCHASE 2021-01   89,348 79,722     9,626  
    ISHARES 0-5 YEAR TIPS BOND ETF 2021-12 PURCHASE 2021-12   130,361 130,993     -632  
    MATERIALS SELECT SECTOR SPDR 2020-08 PURCHASE 2021-01   4,235 3,523     712  
    CREDIT SUISSE AG NEWYORK MTN 2016-04 PURCHASE 2021-10   25,000 25,000        
    FIDELITY MSCI CONSUMER STAPLES INDEX 2018-12 PURCHASE 2021-04   27,624 20,130     7,494  
    FIDELITY MSCI INDL INDEX ETF 2018-12 PURCHASE 2021-12   10,026 5,829     4,197  
    FIDELITY MSCI REAL ESTATE INDEX ETF 2018-09 PURCHASE 2021-04   13,305 10,052     3,253  
    FIDELITY MSCI UTILS INDEX ETF 2020-04 PURCHASE 2021-04   11,312 10,604     708  
    ISHARES CORE US AGGREGATE BOND ETF 2020-09 PURCHASE 2021-12   134,340 135,813     -1,473  
    ISHARES IBOXX INVESTMENT GRADE COR 2020-07 PURCHASE 2021-12   149,720 156,164     -6,444  
    ISHARES MSCI EAFE ETF 2018-12 PURCHASE 2021-09   7,729 5,593     2,136  
    ISHARES TIPS BOND ETF 2020-04 PURCHASE 2021-12   88,531 83,968     4,563  
    ISHARES TR RUS MID CAP ETF 2018-12 PURCHASE 2021-10   29,892 16,640     13,252  
    MATERIALS SELECT SECTOR SPDR 2012-12 PURCHASE 2021-01   10,444 5,744     4,700  
    VANGUARD CONSUMER DISCRETIONARY 2012-12 PURCHASE 2021-01   14,650 3,796     10,854  
    VANGUARD ENERGY INDEX ETF 2018-12 PURCHASE 2021-01   16,909 18,768     -1,859  
    VANGUARD HEALTH CARE 2018-12 PURCHASE 2021-06   27,708 18,630     9,078  
    VANGUARD INFLATION PROCTED SEC 2018-12 PURCHASE 2021-12   156,478 132,793     23,685  
    VANGUARD WORLD FDS COMM SRVC 2020-04 PURCHASE 2021-09   8,170 4,626     3,544  
    VANGUARD WORLD FDS VANGUARD INFORMAT 2019-11 PURCHASE 2021-07   45,254 25,188     20,066  
    DISCOVER BK CD 2017-11 PURCHASE 2021-11   40,000 40,000        
    VANGUARD INFLATION PROCTED SEC ADM 2008-11 PURCHASE 2021-12   15,425 11,170     4,255  
    VANGUARD SMALL-CAP INDEX ADMIRAL 2006-03 PURCHASE 2021-03   33,993 9,625     24,368  
    WELLS FARGO BANK NATL ASSN CD 2016-06 PURCHASE 2021-06   25,000 25,000        

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    KARL & GEORGIA MARTIN SRANNA BELLE
     
    FLYNN KARL & JUNE MARTIN JR FDN
    EIN:
    73-1504147
    Name of Bond End of Year Book Value End of Year Fair Market Value
    25000 AMER EXPR BK FSB CD 2.200% 5/1    
    25000 GOLDMAN SACHS BK CD 2.350% 5/1 25,000 25,189
    23745.12 METWEST TOTAL RETURN BOND P 238,809 242,913
    3688.99 PIMCO HIGH YIELD I 32,500 33,312
    19413.83 PIMCO SHORT-TERM I 191,218 189,673
    23046.12 PIMCO TOTAL RETURN FUND-INS 232,641 236,684
    7436.62 TEMPLETON GLOBAL BOND ADVISO 85,331 65,442
    13801.59 THORNBURG LIMITED TERM INCO 186,433 189,358
    1152.07 VANGUARD INFLAT-PROT SECURIT    
    17432.86 VANGUARD SHORT TERM INV GRA 178,385 187,752
    711.35 VANGUARD MID CAP ADMIRAL SHS 105,679 224,402
    1562.07 VANGUARD SMALL-CAP INDEX ADM 46,902 169,281
    1791.219 FIDELITY CONSERVATIVE INCOM 18,030 17,966
    5965.24 VANGUARD INFLATION PROTECTED    
    2884 ISHARES CORE US AGGREGATE BO 316,894 329,007
    1023 ISHARES TRUST US TREASURY    
    2100 ISHARES IBOXX INVESTMENT GRAD 280,190 278,292
    1717 ISHARES TR JP MOR EM MK ETF 186,027 187,256
    2351 ISHARES TR PFD AND INCM SEC    
    176 PIMCO ETF TRUST ENHANCED SHORT 17,924 17,875
    3258 VANGUARD CHARLOTTE TOTAL INT 180,620 179,711
    50000 FORD MOTOR CO LLC NOTE 50,073 50,900
    25000 CREDIT SUISSE NEW YORK BRANCH    
    50000 EDISON INTL NOTE CALL 46,732 50,798
    50000 NEXTERA ENERGY CAP HLDGS INC 43,515 46,887
    1763 ISHARES 0-5 YEAR TIPS BOND ETF 186,695 186,666
    50000 GOLDMAN SACHS GROUP INC SER N 50,015 50,006

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    KARL & GEORGIA MARTIN SRANNA BELLE
     
    FLYNN KARL & JUNE MARTIN JR FDN
    EIN:
    73-1504147
    Name of Stock End of Year Book Value End of Year Fair Market Value
    52 ACCENTURE PLC IRELAND SHS CLASS 2,661 21,557
    18 ALPHABET INC CL A 53,328 52,147
    28 ALPHABET INC CL C    
    724 COMCAST CORP-CL A 35,046 36,439
    1015.12 AMERICAN BEACON SMALL CAP VA    
    89 AON PLC    
    543 APPLE INC    
    175 APPLIED MATERIALS 11,828 27,538
    139 BECTON DICKINSON & CO    
    35 BLACKROCK INC 10,798 32,045
    89 BOEING    
    16 BOOKING HOLDINGS INC 24,767 38,388
    222 CAPITAL ONE FINANCIAL    
    444.21 CARILLON EAGLE SMALL CAP GROW    
    96 CHEVRON CORPORATION 10,783 11,266
    132 CHUBB LTD    
    101 CIGNA CORP 16,380 23,193
    643 CITIGROUP INC 36,780 38,831
    27 COSTCO WHOLESALE 2,642 15,328
    261 CVS HEALTH CORP    
    135 DANAHER CORP 5,418 44,416
    2508.31 DELAWARE EMERGING MARKETS R- 42,416 61,178
    357 DISNEY WALT CO NEW    
    1678.4 DODGE & COX INTERNATIONAL STO 38,624 79,373
    192 ELECTRONIC ARTS INC 22,107 25,325
    113 HOME DEPOT 22,776 46,896
    160 HONEYWELL INTL 18,250 33,362
    204 INTERCONTINENTAL EXCHANGE 7,398 27,901
    100 JONES LANG LASALLE INC    
    669 KINDER MORGAN INC 10,651 10,610
    239 LKQ CORP 6,814 14,347
    75 L3 HARRIS TECHNOLOGIES INC 15,493 15,993
    350 MEDTRONIC PLC 28,657 36,208
    332 MICROSOFT CORP 55,169 111,658
    331 NIKE INC CL B    
    110 PEPSICO 8,202 19,108
    185 RAYTHEON TECHNOLOGIES CORP 4,594 15,921
    217 SPDR CONSUMER DISCRETIONARY ETF 24,556 44,363
    195 SPDR ENERGY SECTOR EFT 7,096 10,823
    622 SPDR INDUSTRIAL SECTOR ETF 51,459 65,814
    493 SPDR MATERIALS SECTOR ETF 32,710 44,671
    921 SPDR REAL ESTATE SECTOR ETF 37,158 47,717
    1513 SPDR TECHNOLOGY SECTOR ETF    
    665 SPDR UTILITIES SECTOR ETF 42,415 47,601
    66 THERMO FISHER SCIENTIFIC 7,956 44,038
    173 TYSON FOODS INC 11,109 15,079
    387 VANGUARD COMMUNICATION SERVICES    
    173 VANGUARD CONSUMER STAPLES ETF 27,102 34,579
    8194.09 VANGUARD DEVELOPED MARKETS I 113,036 134,711
    912 VANGUARD FINANCIALS ETF 84,213 88,072
    257 VANGUARD HEALTH CARE ETF 57,062 68,470
    1143.63 VANGUARD INTERNATIONAL GROWT 121,011 159,308
    347.06 VANGUARD MID CAP INDEX ADMIR 43,374 109,483
    1827.77 VANGUARD SMALL CAP INDEX ADM 138,947 198,076
    362 VISA INC CL A 39,004 78,449
    485 WILLIAMS COMPANIES 10,438 12,629
    1867 FIDELITY MSCI CONSUMER STAPLES 57,205 87,133
    110 FIDELITY MSCI FINLS INDEX ETF    
    2646 FIDELITY MSCI INDL INDEX ETF 86,505 148,705
    1277 FIDELITY MSCI REAL ESTATE INDEX 28,548 44,337
    893 FIDELITY MSCI UTILS INDEX ETF 31,839 41,364
    7264 GLOBAL X FDS US PFD ETF 185,482 187,121
    2765 GOLDMAN SACHS EQUAL WEIGHT US 154,022 197,670
    3986 ISHARES MSCI EAFE ETF 232,340 313,618
    569 ISHARES TR RUS MID CAP ETF 26,447 47,233
    77 ISHARES S&P MIDCAP 400 INDEX FUND 12,616 21,797
    2480 ISHARES INC CORE MSCI EMERGING 138,774 148,453
    522 MATERIALS SELECT SECTOR SPDR 20,356 47,298
    589 VANGUARD CONSUMER DISCRETIONARY 35,609 200,649
    465 VANGUARD ENERGY INDEX ETF 27,093 36,089
    1991 VANGUARD FINANCIALS ETF 41,229 192,271
    880 VANGUARD HEALTH CARE ETF 140,662 234,450
    1062 VANGUARD INFORMATION TECHNOLOGY 45,957 486,577
    1324 VANGUARD WORLD FDS COMM SRVC ET 99,686 179,481
    79 VANGUARD WORLD FDS VANGUARD CONSU 12,272 15,791
    1176 VANGUARD WORLD FDS VANGUARD INF 120,731 157,537
    4100 WISDOMTREE TR EM EX ST-OWNED 160,221 151,085
    851 SPDR COMMUNICATION SERVICES EFT 69,321 66,106
    10 AMAZON.COM INC 35,639 33,343
    603 CONAGRA BRANDS INC 19,500 20,592
    78 VANGUARD CONSUMER DISCR ETF 26,963 26,571
    1404.96 JOHN HANCOCK DISCPL VALUE MI 41,601 38,889
    1240.34 MASSMUTUAL SELECT MID-CAP GR 41,589 32,658
    2088.04 NORTHERN FUNDS MID-CAP INDEX 55,646 49,215
    447 ROCHE HOLDING LTD SPONS ADR 22,328 23,105
    44 UNION PACIFIC 10,630 11,085
    58 AUTODESK INC 18,947 16,309
    496 VANGUARD TECHNOLOGY ETF 221,949 227,252
    63 XILINX 13,374 13,358
    1939.05 FIDELITY EMERGING MARKETS IN 24,956 23,443
    838.19 VANGUARD EMERGING MKTS STOCK 36,051 34,366
    66 ISHARES CORE S&P SMALL-CAP E 7,294 7,558
    123 SELECT SECTOR SPDR TR ENERGY 6,255 6,827

    TY 2021 InvestmentsOtherSchedule2
    Name:
    KARL & GEORGIA MARTIN SRANNA BELLE
     
    FLYNN KARL & JUNE MARTIN JR FDN
    EIN:
    73-1504147
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    OIL & GAS PROPERTIES-NON-PRODUCING   524,235 250,728
    OIL & GAS PRODUCING     851,844

    TY 2021 LegalFeesSchedule
    Name:
    KARL & GEORGIA MARTIN SRANNA BELLE
     
    FLYNN KARL & JUNE MARTIN JR FDN
    EIN:
    73-1504147
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INDIRECT LEGAL FEES 25 25 25  


    TY 2021 OtherExpensesSchedule
    Name:
    KARL & GEORGIA MARTIN SRANNA BELLE
     
    FLYNN KARL & JUNE MARTIN JR FDN
    EIN:
    73-1504147
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    OTHER ROYALTY EXPENSES 24,235 24,235 24,235  


    TY 2021 OtherIncomeSchedule2
    Name:
    KARL & GEORGIA MARTIN SRANNA BELLE
     
    FLYNN KARL & JUNE MARTIN JR FDN
    EIN:
    73-1504147
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ROYALTY INCOME 317,934 317,934 317,934
    LEASE BONUS 7,000 7,000 7,000


    TY 2021 OtherIncreasesSchedule
    Name:
    KARL & GEORGIA MARTIN SRANNA BELLE
     
    FLYNN KARL & JUNE MARTIN JR FDN
    EIN:
    73-1504147
    Description Amount
    DEPLETION 47,690
    OTHER INCREASE 90,855


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    KARL & GEORGIA MARTIN SRANNA BELLE
     
    FLYNN KARL & JUNE MARTIN JR FDN
    EIN:
    73-1504147
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TRUSTEE FEES 27,945 27,945 27,945  
    TRUSTEE FEES - MARTIN OIL 24,934 24,934 24,934  
    TRUSTEE FEES - FIDELITY 28,318 28,318 28,318  


    TY 2021 TaxesSchedule
    Name:
    KARL & GEORGIA MARTIN SRANNA BELLE
     
    FLYNN KARL & JUNE MARTIN JR FDN
    EIN:
    73-1504147
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES - DIVIDENDS 1,132 1,132 1,132  
    FOREIGN TAXES - DIV - FIDELITY 1,178 1,178 1,178  
    GPT - ROYALTIES 15,403 15,403 15,403  
    REAL ESTATE TAXES 31 31 31  
    ESTIMATES 3,420 3,420 3,420  
    PY TAX PAID 727 727 727