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
ROBERT S & GRAYCE B KERR FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 54917
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
OKLAHOMA CITY, OK73154
A Employer identification number

73-1256123
B Telephone number (see instructions)

(307) 733-8829
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$37,650,762J 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) 625,980
2 Check bullet.............
3 Interest on savings and temporary cash investments 221 221  
4 Dividends and interest from securities... 317,378 317,378  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,128,355
b Gross sales price for all assets on line 6a 2,355,012
7 Capital gain net income (from Part IV, line 2)... 1,128,355
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 -1,993 166 0
12 Total. Add lines 1 through 11........ 2,069,941 1,446,120 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 216,174 0 0 216,174
14 Other employee salaries and wages...... 67,167 33,583 0 33,583
15 Pension plans, employee benefits....... 30,510 15,255 0 15,255
16a Legal fees (attach schedule)......... Click to see attachment 2,403 619 0 1,784
b Accounting fees (attach schedule)....... Click to see attachment 5,850 2,925 0 2,925
c Other professional fees (attach schedule).... Click to see attachment 90,832 90,832 0 0
17 Interest............... 23 23 0 0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 25,933 6,798 0 6,258
19 Depreciation (attach schedule) and depletion... Click to see attachment 694 0 0
20 Occupancy.............. 9,716 0 0 9,716
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 23,334 9,194 0 14,140
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 472,636 159,229 0 299,835
25 Contributions, gifts, grants paid....... 1,258,864 1,258,864
26 Total expenses and disbursements. Add lines 24 and 25 1,731,500 159,229 0 1,558,699
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 338,441
b Net investment income (if negative, enter -0-) 1,286,891
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 100 100 100
2 Savings and temporary cash investments......... 502,261 672,724 672,724
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) 797,389 Click to see attachment624,608 641,209
b Investments—corporate stock (attach schedule)....... 5,923,521 Click to see attachment6,494,030 17,609,601
c Investments—corporate bonds (attach schedule)....... 757,983 Click to see attachment716,552 787,090
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 9,127,774 Click to see attachment9,459,921 16,673,250
14 Land, buildings, and equipment: basis bullet29,114
Less: accumulated depreciation (attach schedule) bullet26,858 2,950 Click to see attachment2,256 2,256
15 Other assets (describe bullet) Click to see attachment1,224,883 Click to see attachment1,264,532 Click to see attachment1,264,532
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 18,336,861 19,234,723 37,650,762
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 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........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 3,025,574 3,025,574
28 Retained earnings, accumulated income, endowment, or other funds 15,311,287 16,209,149
29 Total net assets or fund balances (see instructions)..... 18,336,861 19,234,723
30 Total liabilities and net assets/fund balances (see instructions). 18,336,861 19,234,723
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
18,336,861
2
Enter amount from Part I, line 27a .....................
2
338,441
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
559,421
4
Add lines 1, 2, and 3 ..........................
4
19,234,723
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
19,234,723
Form 990-PF (2021)
Form 990-PF (2021)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES - US BANK      
b PUBLICLY TRADED SECURITIES - US BANK      
c PUBLICLY TRADED SECURITIES - SCHWAB      
d CAPITAL GAINS DIVIDENDS P    
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 202,135   159,280 42,855
b 1,525,480   893,374 632,106
c 545,935   174,003 371,932
d 81,462     81,462
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       42,855
b       632,106
c       371,932
d       81,462
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 1,128,355
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 17,888
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 17,888
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 9,381
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 19,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 28,381
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 12
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 10,481
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet10,481 RefundedBullet 11 0
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
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 addressbulletN/A
    14
    The books are in care ofbulletSHERYL SMITH Telephone no.bullet (307) 733-8829

    Located atbulletPO BOX 54917OKLAHOMA CITYOK ZIP+4bullet73154
    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)
    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)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
    No
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    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
    JOARTHUR G KERR DIRECTOR
    1.00     		0 0 0
    PO BOX 54917
    OKLAHOMA CITY,OK73154
    WILLIAM G KERR CHAIRMAN
    5.00     		0 0 0
    PO BOX 54917
    OKLAHOMA CITY,OK73154
    MARA KERR SECRETARY/ TREASURER
    30.00     		50,000 5,000 23,293
    PO BOX 54917
    OKLAHOMA CITY,OK73154
    KAVAR KERR PRESIDENT
    30.00     		75,000 7,500 27,882
    PO BOX 54917
    OKLAHOMA CITY,OK73154
    GRAYCEN MASHBURN VICE CHAIRMAN
    10.00     		25,000 2,500 0
    PO BOX 54917
    OKLAHOMA CITY,OK73154
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    17,750,606
    b
    Average of monthly cash balances.......................
    1b
    388,668
    c
    Fair market value of all other assets (see instructions)................
    1c
    18,497,161
    d
    Total (add lines 1a, b, and c).........................
    1d
    36,636,435
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    36,636,435
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    549,547
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    36,086,888
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    1,804,344
    Part X
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part IX, line 6..................
    1
    1,804,344
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    17,888
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    17,888
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,786,456
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,786,456
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    1,786,456
    Part XI
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 1,786,456
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017...... 27,445
    c From 2018...... 12,031
    d From 2019......  
    e From 2020...... 128,493
    f Total of lines 3a through e ........ 167,969
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 1,558,699
    a Applied to 2020, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2021 distributable amount..... 1,558,699
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 167,969 167,969
    (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 ..........     		59,788
    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)
    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).)
    WILLIAM G KERR
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    AMERICAN RED CROSS
    431 18TH STREET NW
    WASHINGTON,DC20003     		NONE PC TEXAS WINTER STORMS 5,000
    AMERICAN RED CROSS
    431 18TH STREET NW
    WASHINGTON,DC20003     		NONE PC DISASTER RESPONSE 1,000
    AMERICAN RED CROSS
    431 18TH STREET NW
    WASHINGTON,DC20003     		NONE PC DISASTER RESPONSE 1,000
    AMERICAN RED CROSS
    431 18TH STREET NW
    WASHINGTON,DC20003     		NONE PC LOCAL CHAPTER TO USE AS NEEDED 1,500
    BLOWING ROCK CHARITY HORSE SHOW
    PO BOX 650
    BLOWING ROCK,NC28605     		NONE PC SUPPORT THE ANNUAL BLOWING ROCK CHARITY HORSE SHOW 4,000
    COMMUNITY FOUNDATION OF JACKSON HOLE
    PO BOX 574
    JACKSON,WY83001     		NONE PC OLD BILL'S FUN RUN-SUPPORTS MULTIPLE CHARITIES IN JACKSON, WY 35,500
    DIVERSION HUB WAYFINDERS
    220 N W 10TH ST
    OKLAHOMA CITY,OK73103     		NONE PC TRAILBLAZER'S GRANT SPONSOR FOR DIVERSION HUB BENEFIT 25,000
    FIRST AMERICANS MUSEUM
    659 FIRST AMERICANS BLVD
    OKLAHOMA CITY,OK73103     		NONE PC FIVE YEAR PLEDGE FOR SUPPORT OF MUSEUM 2,000
    JESUS HOUSE
    1335 W SHERIDAN AVE
    OKLAHOMA CITY,OK73106     		NONE PC GENERAL FUND 5,000
    KENTUCKY HORSE PARK FOUNDATION
    4075 IRON WORKS PARKWAY
    LEXINGTON,KY40511     		NONE PC SUPPORT THE MAN O'WAR SOCIETY AT KENTUCKY HORSE PK FDN 2,500
    LEUKEMIA & LYMPHOMA SOCIETY
    101 MONTGOMERY ST SUITE 750
    SAN FRANCISCO,CA94104     		NONE PC MAN & WOMAN OF THE YEAR SILICON VALLEY MONTEREY BAY AREA EVENT 1,000
    NATL COWBOY & WES HERITAGE MUSEUM
    1700 NE 63
    OKLAHOMA CITY,OK73111     		NONE PC ANNIE OAKLEY SOCIETY 1,000
    NATIONAL MUSEUM OF WILDLIFE ART
    PO BOX 6825
    JACKSON HOLE,WY83002     		NONE PC RUNGIUS SOCIETY MEMBERSHIP, KUHN MEMORIAL FUND, EMPLOYEE ASSISTANCE FUND 5,000
    NATIONAL MUSEUM OF WILDLIFE ART
    PO BOX 6825
    JACKSON HOLE,WY83002     		NONE PC GRANT FOR CARL RUNGIUS CATALOGUE RAISONNE (9 YEAR PLEDGE) 140,000
    NATIONAL MUSEUM OF WILDLIFE ART
    PO BOX 6825
    JACKSON HOLE,WY83002     		NONE PC SUPPORT OF EXHIBITIONS AND EDUCATION PROGRAMS 13,264
    NATIONAL MUSEUM OF WILDLIFE ART
    PO BOX 6825
    JACKSON HOLE,WY83002     		NONE PC LILLIAN GEMAR EDUCATION INTERNSHIP PLEDGE 16,100
    NATIONAL MUSEUM OF WILDLIFE ART
    PO BOX 6825
    JACKSON HOLE,WY83002     		NONE PC KAVAR KERR- COLLECTOR'S CIRCLE MEMBERSHIP 8,000
    NATIONAL MUSEUM OF WILDLIFE ART
    PO BOX 6825
    JACKSON HOLE,WY83002     		NONE PC WESTERN VISIONS ART SHOW SPONSORSHIP 5,000
    NATIONAL MUSEUM OF WILDLIFE ART
    PO BOX 6825
    JACKSON,WY83002     		NONE PC ART GIFT TO MUSEUM 906,500
    NATURE CONSERVANCY
    PO BOX 1561
    MERRIFIELD,VA22116     		NONE PC ANNUAL MEMBERSHIP TO HELP PROTECT ENVIRONMENT 1,500
    OKLAHOMA CONTEMPORARY
    PO BOX 3062
    OKLAHOMA CITY,OK73101     		NONE PC DONOR FIN 3 YR PLEDGE TO SUPPORT CONTEMPORARY ART AND PROGRAMS 2,500
    OKLAHOMA HISTORY CENTER
    800 NAZIH ZUHDI DRIVE
    OKLAHOMA CITY,OK73105     		NONE PC GENERAL SUPPORT 1,000
    ONE 22 RESOURCE CENTER JACKSON CUPBOARD
    170 NORTH GLENWOOD PO BOX 1232
    JACKSON,WY83001     		NONE PC GENERAL SUPPORT 1,500
    REGIONAL FOOD BANK
    PO BOX 270968
    OKLAHOMA CITY,OK73137     		NONE PC GENERAL SUPPORT 2,500
    THE SALVATION ARMY
    PO BOX 2536
    OKLAHOMA CITY,OK73137     		NONE PC GENERAL SUPPORT 1,500
    SIDWELL FRIENDS
    3825 WISCONSIN AVENUE NW
    WASHINGTON,DC20016     		NONE PC SUPERVIA ENDOWED CHAIR FOR SPANISH & LATIN AMER STUDIES 15,000
    SMITHSONIAN AMERICAN ART MUSEUM
    PO BOX 37012
    WASHINGTON,DC20013     		NONE PC GEORGE GURNEY FELLOWSHIP ENDOWMENT/ FINAL PAYMENT 12,500
    ST JOHN'S HEALTH FOUNDATION
    PO BOX 428
    JACKSON,WY83001     		NONE PC ONCOLOGY SUPPORT 10,000
    TETON RAPTOR CENTER
    PO BOX 1805
    WILSON,WY83014     		NONE PC GENERAL SUPPORT IN MEMORY OF BERT RAYNES 1,000
    UNIVERSITY OF OKLAHOMA FOUNDATION
    100 TIMBERDELL ROAD
    NORMAN,OK73019     		NONE PC ATHLETIC DEPARTMENT GENERAL CAPITAL FUND 5,000
    UNIVERSITY OF OKLAHOMA FOUNDATION
    100 TIMBERDELL ROAD
    NORMAN,OK73019     		NONE PC CM RUSSELL CENTER, GRADUATE ASSISTANT GRANT 17,500
    WOOLAROC MUSEUM & WILDLIFE PRESERVE
    1925 WOOLAROC RANCH RD
    BARTLESVILLE,OK74003     		NONE PC GENERAL SUPPORT 2,500
    WORLD CENTRAL KITCHEN
    200 MASSACHUSETTS AVE NW FL 7
    WASHINGTON,DC20001     		NONE PC DISASTER RELIEF 6,500
    Total .................................bullet 3a 1,258,864
    bApproved for future payment
    Total .................................bullet 3b 0
    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 ...........     		    14 221  
    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 1,128,355  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aCLASS ACTION SETTLEMENT     		    14 172  
    bINCOME/(LOSS) FROM PASSTHROUGH     14 -2,331  
    cMISCELLANEOUS     14 166  
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 1,443,961 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,443,961
    (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
    Schedule B
    (Form 990)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2021
    Name of the organization
    ROBERT S & GRAYCE B KERR FOUNDATION
     
    Employer identification number

    73-1256123
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    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
    Special Rules
    ......... 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
    ROBERT S & GRAYCE B KERR FOUNDATION
          		Employer identification number
    73-1256123
    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
    WILLIAM G KERR
    PO BOX 54917
     
    OKLAHOMA CITY, OK73154

    		$ 625,980


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 3
    Name of organization
    ROBERT S & GRAYCE B KERR FOUNDATION
          		Employer identification number

    73-1256123
    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
    ROBERT S & GRAYCE B KERR FOUNDATION
          		Employer identification number

    73-1256123
    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 $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use 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 (c) Use 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 (c) Use 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 (c) Use 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:  

    TY 2021 AccountingFeesSchedule
    Name:
    ROBERT S & GRAYCE B KERR FOUNDATION
    EIN:
    73-1256123
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 5,850 2,925 0 2,925

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

    TY 2021 DepreciationSchedule
    Name:
    ROBERT S & GRAYCE B KERR FOUNDATION
    EIN:
    73-1256123
    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
    3 DWR LATERAL FILE CABINET 1993-10-01 403 403 SL 10.000000000000 0 0 0  
    FILE CABINETS 1997-04-01 1,346 1,346 SL 10.000000000000 0 0 0  
    VALTON BRONZE 2006-04-12 3,500 3,500 SL 10.000000000000 0 0 0  
    MIEDUCH SKETCH 2007-10-19 350 350 SL 10.000000000000 0 0 0  
    SEABEK PORTRAIT 2007-11-01 1,090 1,090 SL 10.000000000000 0 0 0  
    DOHENY YOSEMITE OIL 2008-06-08 7,500 7,500 SL 10.000000000000 0 0 0  
    HP LASERJET IV 1995-06-01 1,595 1,595 SL 5.000000000000 0 0 0  
    MICROEDGE SOFTWARE 1995-12-01 3,500 3,500 SL 5.000000000000 0 0 0  
    MICROSOFT OFFICE FOR MAC 2003-07-18 452 452 SL 5.000000000000 0 0 0  
    DELL COMPUTER & 2 MONITORS 2013-11-26 1,377 1,377 SL 5.000000000000 0 0 0  
    MACBOOK PRO 2016-01-01 1,695 1,695 SL 5.000000000000 0 0 0  
    CONNECTINGPOINT LAPTOP 2006-08-17 2,835 2,835 SL 5.000000000000 0 0 0  
    ONLINE COMPUTER SYSTEMS 2020-04-10 3,471 521 SL 5.000000000000 694 0 694  

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    ROBERT S & GRAYCE B KERR FOUNDATION
    EIN:
    73-1256123
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CAMPBELL SOUP CO. 75,488 75,799
    STARBUCKS CORP 24,942 25,863
    APPLE INC 49,885 53,569
    DEERE CO 59,922 63,855
    CONOCO INC 56,482 65,781
    DEERE & CO 134,016 144,560
    KRAFT FOODS INC 53,633 65,578
    AT&T INC 54,339 68,080
    KFW 207,845 224,005

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    ROBERT S & GRAYCE B KERR FOUNDATION
    EIN:
    73-1256123
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ALPHABET INC CL A - GOOGLE 230,493 295,498
    COMCAST CORP CLASS A - CMCSA 56,562 91,601
    ELECTRONIC ARTS INC - EA 49,377 49,463
    AUTOZONE INC 23,455 62,892
    DOLLAR GENERAL CORP 18,772 56,599
    HOME DEPOT INC - HD 28,419 62,252
    LOWES CO INC 31,497 43,942
    MCDONALDS CORP - MCD 26,924 42,891
    NIKE INC 11,467 70,001
    ROSS STORES INC 18,126 49,140
    STARBUCKS CORP 39,867 64,334
    COSTCO WHSL CORP 16,649 119,217
    LAUDER ESTEE COS INC 14,449 55,530
    PEPSICO INC 41,335 78,170
    CONOCOPHILLIPS 80,742 92,751
    J P MORGAN CHASE CO 59,984 117,179
    MARSH MCLENNANA COS INC 38,925 78,219
    MOODYS CORP - MCO 52,249 72,257
    NORTHERN TRUST CORP 46,983 73,560
    P N C FINANCIAL SERVICES GROUP INC 19,803 56,146
    US BANCORP 64,008 82,008
    AMGEN INC - AMGN 51,921 47,244
    BECTON DICKINSON AND CO 38,189 73,432
    COOPER COS INC. - COO 39,705 52,368
    INTUITIVE SURGICAL INC - ISRG 15,768 43,116
    JOHNSON JOHNSON 50,826 72,705
    MERCK CO INC 49,026 63,611
    STRYKER CORP 18,960 86,912
    UNITEDHEALTH GROUP INC 27,803 112,982
    CUMMINS INC 32,506 39,265
    DEERE CO 15,894 34,289
    DONALDSON CO INC 27,693 35,556
    HUBBELL INC 46,497 73,936
    UNION PACIFIC CORP 41,237 88,176
    UNITED PARCEL SERVICE CI B 38,493 88,951
    ANALOG DEVICES INC 33,571 50,973
    APPLE INC 27,970 312,523
    AUTOMATIC DATA PROCESSING 16,416 62,878
    CISCO SYSTEMS INC 32,405 71,291
    MICROSOFT CORP 35,683 348,091
    ORACLE CORPORATION 30,143 75,873
    VISA INC CLASS A SHARES 61,499 126,775
    AIR PRODS CHEMICALS INC 30,933 39,554
    APTAR GROUP INC 17,733 41,643
    P P G INDS INC 26,718 47,421
    CHUBB LTD - CB 49,889 63,792
    MEDTRONIC PIC 38,698 47,587
    ACCENTURE PIC CL A 28,827 157,529
    BOSTON TRUST WALDEN MIDCAP FUND - WAMFX 44,791 58,208
    BOSTON TRUST WALDEN MIDCAP FUND - BOSOX 304,372 319,480
    TE CONNECTIVITY LTD 49,620 58,082
    VANGUARD FTSE ALL WORLD EX US INDEX 225,166 232,947
    E BAY INC 50,481 53,200
    T ROWE PRICE GROUP INC 55,852 64,891
    MASCO CORP 45,427 54,772
    ADOBE INC 38,749 48,200
    APPLIED MATERIALS INC 43,885 43,903
    FACTSET RESEARCH SYSTEMS INC 37,637 55,891
    PAYPAL HOLDINGS INC 36,437 34,133
    WATERS CORP CORN 8,603 42,849
    EVERSOURCE ENERGY 56,714 60,047
    AMERICAN BALNCED FUND CLAS A - AMERICAN FUNDS 184,326 367,045
    AMERICAN MUTUAL FUND CLASS A - AMERICAN FUNDS 177,847 379,253
    CAPITAL INCOME BUILDER FUND CLASS A - AMERICAN FUNDS M/F 311,225 453,545
    CAPITAL WORLD GROWTH & INCOME FUND CLASS A 215,198 401,458
    INCOME FUND OF AMERICA CLASS A - AMERICAN FUNDS 316,968 490,246
    ABBOT LABORATORIES 39,960 281,480
    ABBVIE INC 32,337 203,100
    AIR PROD CHEMICALS 51,905 91,278
    ALPHABET INC 24,662 231,763
    ALPHABET INC 24,516 231,487
    AMAZON COM INC 22,745 333,434
    AMGEN INC 49,184 67,491
    APPLE INC 10,198 532,710
    COLGATE-PALMOLIVE CO 11,127 153,612
    CULLEN FROST BANKERS 15,625 252,140
    DANAHER CORP 36,678 559,317
    ECOLAB INC 59,805 117,295
    EOG RESOURCES 74,636 99,490
    EXXON MOBIL CORP 75,980 122,380
    FMC CORP 54,904 285,714
    FORTIVE CORP DISC 14,877 99,177
    FRANKLIN ELECTRIC CO 51,318 232,618
    GLACIER BANCORP INC 48,900 396,900
    HOME DEPOT INC 88,101 166,004
    HONEYWELL INTL INC 67,974 271,063
    JOHNSON & JOHNSON 92,770 239,498
    KIMBERLY - CLARK CORP 28,729 185,796
    MARTIN MARIETTA MATR 92,314 475,762
    MICROSOFT CORP 117,121 773,536
    NTNL INSTRUMENTS 28,284 85,157
    ORACLE CORP 138,542 218,025
    PAYPAL HOLDINGS INCORPOR 63,175 150,864
    PEPSICO INC 73,791 260,565
    PFIZER INC 102,673 295,250
    PROCTER & GAMBLE 73,401 188,117
    ROPER TECHNOLOGIES 33,067 270,523
    STRYKER CORP 71,064 98,945
    THE COCA-COLA CO 57,072 159,867
    THERMO FISHER SCNTFC 23,672 487,085
    TORO CO 68,167 99,910
    TRACTOR SUPPLY COMP 15,374 429,480
    TRIMBLE INC 30,412 279,008
    U S BANCCORP 112,918 190,978
    VALMONT INDUSTRIES 96,209 175,350
    VF CORP 46,034 254,806
    XYLEM INC. 83,082 119,913
    COTERRA ENERGY INC 8,450 76,000
    NEWELL BRANDS INC 83,890 76,440

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    ROBERT S & GRAYCE B KERR FOUNDATION
    EIN:
    73-1256123
    US Government Securities - End of Year Book Value:

    624,608
    US Government Securities - End of Year Fair Market Value:

    641,209
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2021 InvestmentsOtherSchedule2
    Name:
    ROBERT S & GRAYCE B KERR FOUNDATION
    EIN:
    73-1256123
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ARTWORK AT COST 9,459,921 16,673,250

    TY 2021 LandEtcSchedule2
    Name:
    ROBERT S & GRAYCE B KERR FOUNDATION
    EIN:
    73-1256123
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    3 DWR LATERAL FILE CABINET 403 403 0  
    FILE CABINETS 1,346 1,346 0  
    VALTON BRONZE 3,500 3,500 0  
    MIEDUCH SKETCH 350 350 0  
    SEABEK PORTRAIT 1,090 1,090 0  
    DOHENY YOSEMITE OIL 7,500 7,500 0  
    HP LASERJET IV 1,595 1,595 0  
    MICROEDGE SOFTWARE 3,500 3,500 0  
    MICROSOFT OFFICE FOR MAC 452 452 0  
    DELL COMPUTER & 2 MONITORS 1,377 1,377 0  
    MACBOOK PRO 1,695 1,695 0  
    CONNECTINGPOINT LAPTOP 2,835 2,835 0  
    ONLINE COMPUTER SYSTEMS 3,471 1,215 2,256  


    TY 2021 LegalFeesSchedule
    Name:
    ROBERT S & GRAYCE B KERR FOUNDATION
    EIN:
    73-1256123
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 2,403 619 0 1,784


    TY 2021 OtherAssetsSchedule
    Name:
    ROBERT S & GRAYCE B KERR FOUNDATION
    EIN:
    73-1256123
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    LIFE INSURANCE SURRENDER VALUE 1,224,133 1,263,782 1,263,782
    RENTAL DEPOSIT 750 750 750


    TY 2021 OtherExpensesSchedule
    Name:
    ROBERT S & GRAYCE B KERR FOUNDATION
    EIN:
    73-1256123
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE EXPENSES 667 0 0 667
    INSURANCE 6,444 6,444 0 0
    POSTAGE 3,403 0 0 3,403
    DUES AND MEMBERSHIPS 2,022 0 0 2,022
    MISCELLANEOUS 5,298 0 0 5,298
    CONTRACT LABOR 5,500 2,750 0 2,750


    TY 2021 OtherIncomeSchedule2
    Name:
    ROBERT S & GRAYCE B KERR FOUNDATION
    EIN:
    73-1256123
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    CLASS ACTION SETTLEMENT 172   0
    INCOME/(LOSS) FROM PASSTHROUGH -2,331 0 0
    MISCELLANEOUS 166 166 0


    TY 2021 OtherIncreasesSchedule
    Name:
    ROBERT S & GRAYCE B KERR FOUNDATION
    EIN:
    73-1256123
    Description Amount
    CHANGE IN INSURANCE CASH SURRENDER VALUE 39,650
    CHANGE IN FAIR MARKET VALUE OF ARTWORK DONATED 517,437
    AEU BOOK/TAX DIFFERENCE 2,334


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    ROBERT S & GRAYCE B KERR FOUNDATION
    EIN:
    73-1256123
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 90,329 90,329 0 0
    OTHER FEES 503 503 0 0


    TY 2021 TaxesSchedule
    Name:
    ROBERT S & GRAYCE B KERR FOUNDATION
    EIN:
    73-1256123
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 12,517 6,259 0 6,258
    EXCISE TAX 12,877 0 0 0
    FOREIGN TAXES 539 539 0 0