TY 2021 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

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

OMB No. 1545-0047

2021

Open to Public Inspection

For calendar year 2021, or tax year beginning 07-01-2021 , and ending 06-30-2022

Name of foundation
STANLEY W HAYES RESEARCH FDN INC

Number and street (or P.O. box number if mail is not delivered to street address)801 ELKS ROAD
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
RICHMOND, IN47374

A Employer identification number

35-1061111

B Telephone number (see instructions)

(765) 962-3745

C If exemption application is pending, check here bullet

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

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

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

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

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

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

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

$13,158,977J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

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


1	Contributions, gifts, grants, etc., received (attach schedule)	859,841
2	Check .............
3	Interest on savings and temporary cash investments	1,595		1,595	1,595
4	Dividends and interest from securities...	237,602		237,602	237,602
5a	Gross rents............	12,451		12,451	12,451
b	Net rental income or (loss) 10,813
6a	Net gain or (loss) from sale of assets not on line 10		189,859
b	Gross sales price for all assets on line 6a 577,384
7	Capital gain net income (from Part IV, line 2)...			189,859
8	Net short-term capital gain.........				19,292
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).......		45,274	10,454	45,274
12	Total. Add lines 1 through 11........	1,346,622		451,961	316,214
13	Compensation of officers, directors, trustees, etc.	101,436		10,086	10,086	91,350
14	Other employee salaries and wages......	50,680				50,680
15	Pension plans, employee benefits.......	10,755				10,755
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		14,985			14,985
c	Other professional fees (attach schedule)....		59,007	59,007	59,007
17	Interest...............	185				185
18	Taxes (attach schedule) (see instructions)...		21,262	1,780		19,482
19	Depreciation (attach schedule) and depletion...		63,854		63,854
20	Occupancy..............	39,054		1,638	1,638	37,416
21	Travel, conferences, and meetings.......	2,248		1,105		1,142
22	Printing and publications..........	2,386				2,386
23	Other expenses (attach schedule).......		80,954	691	429	80,263
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	446,806		74,307	135,014	308,644
25	Contributions, gifts, grants paid.......	0				0
26	Total expenses and disbursements. Add lines 24 and 25	446,806		74,307	135,014	308,644
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	899,816
b	Net investment income (if negative, enter -0-)			377,654
c	Adjusted net income (if negative, enter -0-)...				181,200

For Paperwork Reduction Act Notice, see instructions.

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

Form 990-PF (2021)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	174,537	123,379	123,379
	2	Savings and temporary cash investments.........	220,875	450,204	450,204
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............	700	800	800
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......	4,715,354	5,602,584	8,659,999
	c	Investments—corporate bonds (attach schedule).......	2,784,282	2,507,162	2,246,359
	11	Investments—land, buildings, and equipment: basis 430,000
		Less: accumulated depreciation (attach schedule)	430,000	430,000	430,000
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........
	14	Land, buildings, and equipment: basis 1,795,884
		Less: accumulated depreciation (attach schedule) 679,948	1,037,914	1,115,936	1,224,730
	15	Other assets (describe )	22,234	23,506	23,506
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	9,385,896	10,253,571	13,158,977
	17	Accounts payable and accrued expenses..........	228	467
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......	32,380
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........	32,608	467
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	9,323,182	10,239,227
	25	Net assets with donor restrictions............	30,106	13,877
		Foundations that do not follow FASB ASC 958, check here
		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
	29	Total net assets or fund balances (see instructions).....	9,353,288	10,253,104
	30	Total liabilities and net assets/fund balances (see instructions).	9,385,896	10,253,571

Part III

Analysis of Changes in Net Assets or Fund Balances

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

9,353,288

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

899,816

Other increases not included in line 2 (itemize) bullet

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

10,253,104

Decreases not included in line 2 (itemize) bullet

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

10,253,104

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	P	2021-07-01	2021-12-31
b	PUBLICLY TRADED SECURITIES	P	2019-07-01	2022-05-31
c	WAYNE COUNTY FOUNDATION INC	D	2018-01-01	2022-06-30
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	19,292		19,292
b	557,915	387,525	170,390
c	177		177
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			19,292
b			170,390
c			177
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	189,859
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3	19,292

Form 990-PF (2021)

Page 4

Part V

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

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2
3	Add lines 1 and 2...........................	3	5,249
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	5,249
6	Credits/Payments:

a	2021 estimated tax payments and 2020 overpayment credited to 2021	6a	5,225
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	5,225
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	24
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2022 estimated tax	Refunded	11

Part VI-A

Statements Regarding Activities

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

Yes

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

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

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

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

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

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

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

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

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

on foundation managers. bullet

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

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

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

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

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

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

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

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

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

By language in the governing instrument, or

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

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

Yes

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

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

Yes

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

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

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

Yes

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

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

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

Yes

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

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

Form 990-PF (2021)

Page 5

Part VI-A

Statements Regarding Activities (continued)

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

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

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

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

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

Yes

Website address bullet

WWW.HAYESARBORETUM.ORG

The books are in care of bullet

STEPHEN H HAYES SR Telephone no. bullet

(765) 962-3745

Located at bullet

190 HAYES ARBORETUM ROADRICHMONDIN ZIP+4 bullet

473742063

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

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

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

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

16 No

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

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required

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

Yes

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

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

1a(1)

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

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

1a(2)

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

1a(3)

Yes

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

1a(4)

Yes

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

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

1a(5)

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

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

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

1a(6)

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

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

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

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

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

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

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

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

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

If "Yes," list the years bullet

20, 20, 20, 20

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

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

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

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

20, 20, 20, 20

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

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

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

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

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

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

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

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

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

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

Form 990-PF (2021)

Page 6

Part VI-B

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

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

Yes

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

5a(1)

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

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

5a(2)

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

5a(3)

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

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

5a(4)

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

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

5a(5)

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Part VII

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

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

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)
STEPHEN H HAYES SR	PRESIDENT 40.00	40,044
190 HAYES ARBORETUM ROAD RICHMOND,IN473742063	PRESIDENT 40.00	40,044
DR EDMUND B HAYES	VICE PRESIDE 1.00	0
1909 DARTMOUTH DRIVE NE ALBUQUERQUE,NM871061745	VICE PRESIDE 1.00	0
BRICE E HAYES II	SECRETARY 1.00	300
10443 RINGTAIL PLACE FISHERS,IN460385687	SECRETARY 1.00	300
PATRICIA MAYER	ASSISTANT SE 1.00	0
408 KINSEY STREET RICHMOND,IN473744127	ASSISTANT SE 1.00	0
THOMAS E HAYES	TREASURER 1.00	0
50 KNIGHTSBRIDGE ROAD GREAT NECK,NY110214513	TREASURER 1.00	0
RICHARD K SMITH	ASSISTANT TR 1.00	0
428 FARLOW ROAD RICHMOND,IN473747716	ASSISTANT TR 1.00	0
STEPHEN H HAYES JR	EXECUTIVE DI 40.00	61,092
186 HAYES ARBORETUM ROAD RICHMOND,IN473742063	EXECUTIVE DI 40.00	61,092
ROBERT E MCCLURE	DIRECTOR 1.00	0
2280 KUDU DRIVE AURORA,IL605034681	DIRECTOR 1.00	0
CHRISTOPHER M GILBERT	DIRECTOR 1.00	0
340 25TH AVENUE SEATTLE,WA981226106	DIRECTOR 1.00	0
DAVID W MCCLURE	DIRECTOR 1.00	0
2285 E STEPHENS ROAD GILBERT,AZ852962141	DIRECTOR 1.00	0
CAROLINE S HAYES	DIRECTOR 1.00	0
5009 BEATTIE FORD ROAD STE 107-293 CHARLOTTE,NC282162859	DIRECTOR 1.00	0
DAVID A ROGERS	DIRECTOR 1.00	0
4 NORTH DRIVE RICHMOND,IN473741923	DIRECTOR 1.00	0
BETSY W HAYES	DIRECTOR 1.00	0
1909 DARTMOUTH DRIVE NE ALBUQUERQUE,NM871061745	DIRECTOR 1.00	0
ANN E HERRMAN	DIRECTOR 1.00	0
3720 COUNTRY CLUB LANE RICHMOND,IN473743602	DIRECTOR 1.00	0

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


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









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

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	OPERATED HAYES ARBORETUM, OPEN TO THE PUBLIC JANUARY - DECEMBER OF EACH YEAR. IN FY 2022, WE HAVE BEEN ABLE TO KEEP THE GROUNDS OPEN FOR HIKING AND A PHASED RE-OPENING OF OUR BUILDING CONSISTENT WITH THE STATE, LOCAL AND FEDERAL GUIDELINES AND ORDERS THAT THAT GREATLY RESTRICTED MOVEMENT AND ACCESS IN THIS PERIOD. IN THE MARCH, 2022 THROUGH JUNE, 2022 PERIOD WE SAW A RESURGENCE OF VISITOR ACTIVITY WITH THE MITIGATION OF COVID 19 AND THE ABILITY TO OPEN OUR BUILDINGS WITHOUT VISITOR RESTRICTIONS. WE MANAGE BUIDLIGS IN THE NATURE CENTER COMPLEX (NATURE CENTER, ANNEX, ADMINSITRATION BUILDING, LIBRARY AND HAYES MUSEUM) AS WELL AS THE HERB GARDEN, BUTTERFLY GARDEN AND BUTTERFLY COTTAGE AS PART OF THE NATURE PLAYSCAPE. DURING THE BUSY MOWING SEASON FROM APRIL 15TH TO OCTOBER 15TH,, WE MOW ABOUT 60 ACRES PER WEEK. WE MAINTAIN THE BRICE E.HAYES MEMORIAL FOUNTAIN, WOODLAND CHAPEL, PAUL C. MCCLURE NATIVE WOODY PLANT PRESERVE AND A 3 MILE AUTO TOUR, 5.5 MILES OF HIKING TRAILS ON THE WEST AND EAST	297,228
2	NATURALIST/PROGRAM COORDINATOR WAS EMPLOYED ON A PART-TIME BASIS WITH AMPLE VOLUNTEER HELP IN THE EDUCATIONAL AND OUTREACH ACTIVITIES. FOR THE FIRST 9 MONTHS OF THE FISCAL YEAR (JULY 1ST, 2021 THROUGH MARCH 30TH, 2022, OUR PROGRAMMING WAS PRIMARILY VIRTUAL THROUGH THE TRADITIONAL SOCIAL MEDIA VENUES (FACEBOOK, INSTAGRAM, ETC.) AND THROUGH SELF-LED ACTIVITIES (FOR EXAMPLE, THE READ AND ROAM BOOK PROGRAM ON SELECTED HIKING TRAILS). IN TERMS OF QUANTIFYING VISITS TO THE ARBORETUM, WE HAD PURCHASED A COUNTER THAT TRACKS VISITS IN STRATEGIC LOCATIONS - ENTRANCE TO OUR EAST SIDE TRAILHEAD TRAILS (FOR WALKING, HIKING, RUNNING, DOG-WALKING AND MOUNTAIN-BIKING) AND THE ENTRANCE TO OUR FRONT GATES AT 801 ELKS ROAD. AN UP-TO- DATE STATISICAL REVIEW OF THE ENTRANCE TO OUR EAST SIDE TRAILHEAD YIELDS A NUMBER TOTALLING 15,600 VISITS TO OUR EAST SIDE TRAILHEAD FOR THE FISCAL YEAR PERIOD AND 20,600 VISITS TO THE WEST SIDE OF TEH PROPERTY THROUGH THE GATE AT 801 ELKS ROAD. THIS LEVEL OF ACTIVITY TO OUR	30,438
3	OUR SUMMER CLASSES FOR CHILDREN WERE RE-PACKAGED LAST YEAR AND IN LIEU OF IN-PERSON CLASSES, OUR NATURALIST TEAM DEVISED THE EXPLORER PACKET 2021 CONCEPT. IT WAS A PACKET OF NOMINALLY-PRICED (5 PER PACKET) OF NATURE ACTIVITIES FOR THE SUMMER. OUR NATURALIST TEAM TOOK THE BEST FROM THE 8 MOST POPULAR CLASSES AND DEVELOPED SCAVENGER HUNTS, WORD SEARCHES, BUTTONS, TREE COOKIES AND A THEMED CRAFT AS WELL AS SELF-LEAD ACTIVITIES WHILE THE PARTICIPANTS VISIT THE ARBORETUM. ONLINE CONTENT INCLUDED VLOGS AND STORY TIMES. THE "READ AND ROAM" CONCEPT IS BEING USED ON OUR 3 TRAILS ON THE WEST SIDE OF OUR PROPERTY WITH A NEW PROGRAM EVERY FEW WEEKS. IT IS A NOVEL AND SAFE WAY TO LEVERAGE THE BEAUTY OF OUR TRAILS, BENEFIT FROM GOOD EXERCISE AND RECEIVE BENEFICIAL EDUCATION - ALL IN ONE EXPERIENCE. THIS FISCAL YEAR, RATHER THAN RESUME FULL SUMMER CLASSES, OUR STAFF ELECTED TO DEVELOP A PROGRAM CALLED HAYES SUMMER ADVENTURES, BEGINNING JUNE 7TH AND ENDING JULY 30TH. IT IS OFFERED TOTAL FREE OF CHARGE	2,734
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	N/A
2


All other program-related investments. See instructions.
3

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

Form 990-PF (2021)

Page 8

Part IX

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

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

purposes:

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

12,488,398

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

87,568

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

800

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

12,576,766

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

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

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

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

12,576,766

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

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

188,651

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

12,388,115

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

619,406

Part X

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

and do not complete this part.)

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

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

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

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

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

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

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

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

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

Part XI

Qualifying Distributions (see instructions)

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

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

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

Form 990-PF (2021)

Page 9

Part XII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2020	(c) 2020	(d) 2021
1 Distributable amount for 2021 from Part X, line 7
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......
b From 2017......
c From 2018......
d From 2019......
e From 2020......
f Total of lines 3a through e ........
4Qualifying distributions for 2021 from Part
XI, line 4: $ 450,520
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.....
e Remaining amount distributed out of corpus		450,520
5 Excess distributions carryover applied to 2021.
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		450,520
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 ..........
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 ......
10 Analysis of line 9:
a Excess from 2017....
b Excess from 2018....
c Excess from 2019....
d Excess from 2020....
e Excess from 2021....

Form 990-PF (2021)

Page 10

Part XIII

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

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

1973-06-06

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

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2021	(b) 2020	(c) 2019	(d) 2018	(e) Total
	181,200	154,723	201,865	214,068	751,856
b 85% (0.85) of line 2a .........	154,020	131,515	171,585	181,958	639,078
c Qualifying distributions from Part XI, line 4 for each year listed .....	450,520	470,219	317,533	315,339	1,553,611
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 ....	450,520	470,219	317,533	315,339	1,553,611
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 ..	412,937	361,433	304,615	295,084	1,374,069
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XIV

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

1Information Regarding Foundation Managers:

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

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

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

Check here bullet

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

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

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

cAny submission deadlines:

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

Form 990-PF (2021)

Page 11

Part XIV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year

Total ................................. 3a

bApproved for future payment

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

Form 990-PF (2021)

Page 12

Part XV-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....					30,700
3 Interest on savings and temporary cash investments ...........			14	1,595
4 Dividends and interest from securities ....
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....			16	10,813
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	189,859
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aFACILITY RENTALS			16	10,454
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..				450,323	34,820

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

485,143

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

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)
1B	THIS ORGANIZATION CONDUCTS REGULARLY SCHEDULED CLASSES ON NUMEROUS NATURE RELATED TOPICS. TUITION IS CHARGED TO THE PARTICIPANTS.
2	MEMBERSHIP HOLDERS ARE ENTITLED TO DISCOUNTS ON ADMISSIONS AND MERCHANDISE. MEMBERSHIP REVENUES SUPPLEMENT THE OPERATIONS OF THE ORGANIZATION.

Form 990-PF (2021)

Page 13

Part XVI

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

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

Yes

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

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

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

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

If "Yes," complete the following schedule.

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

Sign Here

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

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

Form 990-PF (2021)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

Schedule B
(Form 990)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

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

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

OMB No. 1545-0047

2021

Name of the organization

STANLEY W HAYES RESEARCH FDN INC

Employer identification number

35-1061111

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

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

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

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

501(c)(3) taxable private foundation

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

General Rule

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

Special Rules

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

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

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

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

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

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

Schedule B (Form 990) (2021) Page 2

Name of organization STANLEY W HAYES RESEARCH FDN INC

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	RONALD L MCDANIEL FOUNDATION 8005 WOODSIDE LANE BURR RIDGE, IL605278052	$ 750,000	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
2	WAYNE COUNTY FOUNDATION 33 SOUTH 7TH STREET RICHMOND, IN473745463	$ 10,000	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
3	STAMM KOECHLEIN 1300 ISLAND DRIVE SUITE 201 REDWOOD CITY, CA940655170	$ 6,725	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
4	SMALL BUSINESS ADMINISTRATION US GOVERNMENT WASHINGTON, DC20416	$ 32,565	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
5	REID HEALTH FOUNDATION 1100 REID PKWY RICHMOND, IN47374	$ 5,000	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2021)

Schedule B (Form 990) (2021)

Page 3

Name of organization STANLEY W HAYES RESEARCH FDN INC		Employer identification number 35-1061111

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 STANLEY W HAYES RESEARCH FDN INC			Employer identification number 35-1061111
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

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

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

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

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

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

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

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

Schedule B (Form 990) (2021)

Additional Data

Software ID:
Software Version:

- TIN:

TY 2021 AccountingFeesSchedule

Name:

STANLEY W HAYES RESEARCH FDN INC

EIN:

35-1061111

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INDIRECT ACCOUNTING FEES	14,985			14,985

- TIN:

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

TY 2021 DepreciationSchedule

Name:

STANLEY W HAYES RESEARCH FDN INC

EIN:

35-1061111

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense	Adjusted Net Income
VARIOUS BUILDINGS	1980-12-30	302,511	302,511	S/L	25.0000
LAND	1980-12-31	465,010
ROOF	1987-01-01	3,941	3,941	S/L	31.5000
REMODELING - DIR HOUSE	1987-02-01	239	239	S/L	31.5000
ROOF & DORMER HOUSE	1987-05-01	8,444	8,444	S/L	31.5000
ROOF - ADMIN BUILDING	1987-09-01	1,610	1,610	S/L	31.5000
WOODSTOVE INSERT	1987-11-01	769	769	S/L	7.0000
REBUILD FIREPLACE & CHIMNEY	1991-09-17	2,059	1,946	S/L	31.5000	65	65
FIREPLACE INSTALLATION	1991-10-31	952	898	S/L	31.5000	30	30
VINYL SIDING	1992-02-26	8,932	8,330	S/L	31.5000	284	284
ENTRANCE STONE WORK	1992-06-25	3,662	3,376	S/L	31.5000	116	116
FURNACE W/CENTRAL AIR	1994-05-17	6,732	4,683	S/L	39.0000	173	173
HAYES HOUSE ROOF REPAIR	1996-03-29	4,000	2,565	S/L	39.0000	103	103
HAYES HOUSE ROOF REPAIR	1996-07-24	6,660	4,262	S/L	39.0000	171	171
BUTTERFLY GARDEN	2000-06-30	2,504	1,351	S/L	39.0000	65	65
HISTORY MUSEUM	2000-06-30	9,189	4,958	S/L	39.0000	236	236
FLOORING - DIRECTOR HOUSE	2000-12-23	1,300	685	S/L	39.0000	33	33
HAYES MUSEUM	2001-06-30	10,932	5,618	S/L	39.0000	280	280
NATURE CENTER DOOR	2001-12-12	684	684	200DB	7.0000
TREE TERMINATOR & SPRAYER	2002-04-23	5,018	5,018	200DB	7.0000
GIFT SHOP REMODELING	2002-06-12	11,410	5,570	S/L	39.0000	293	293
MATTRESSES FOR HAYES HOUSE	2004-10-22	396	396	200DB	5.0000
SIGN - OPTEC	2006-07-01	28,451	28,451	200DB	7.0000
BOILER	2006-12-14	2,933	1,094	S/L	39.0000	75	75
ANCHOR LAND IMPROVEMENTS	2007-03-09	50,054
TUNNEL & CULVERT	2007-06-28	111,744
RETAINING WALL	2007-06-28	27,090
CULVERT IMPROVEMENTS	2007-08-30	3,011	2,795	150DB	15.0000	185	185
SEEDING	2008-06-30	6,393
TELEVISION	2009-05-14	558	558	200DB	7.0000
DRAINAGE TILE INSTALLATION	2009-06-12	2,480	2,275	150DB	15.0000	71	71
DEVEL OF EAST/WEST SIDE TUNNEL	2009-07-12	18,706
ANCHOR PROPERTIES	2009-08-28	6,003
TOSCHLOG EXCAVATION - BLAKEY FARM	2010-04-15	1,100	853	150DB	15.0000	66	66
2011 JOHN DEERE 997 COMMERCIAL MOWER	2011-10-13	13,491	13,491	200DB	7.0000
LOG SPLITTER FROM TSC	2011-12-19	999	999	200DB	7.0000
NEW CHEVY TRUCK	2012-06-23	34,321	34,321	200DB	7.0000
3 MONITORS, 3 DESKTOPS	2012-06-24	1,800	1,800	200DB	5.0000
STIHL EQUIPMENT (BLOWERS, TRIMMERS)	2012-06-25	1,438	1,438	200DB	7.0000
JOHN DEERE TS 4X2 GATOR	2012-06-25	7,500	7,500	200DB	7.0000
JOHN DEERE MX6 ROTARY CUTTER	2012-06-25	3,000	3,000	200DB	7.0000
JOHN DEERE XPU 4X5 GATOR	2012-06-25	9,150	9,150	200DB	7.0000
TSC DISC	2012-06-27	850	850	200DB	7.0000
TSC TRAILER	2012-06-27	1,000	1,000	200DB	7.0000
PAVING OF PARKING LOT @ NATURE CENTER	2012-08-30	24,968	15,918	150DB	15.0000	1,467	1,467
USED BUSHHOG/SM-60 ROTARY CUTTER	2013-01-14	5,750	5,750	200DB	7.0000
TRAILHEAD PARKING LOT EXCAVATION	2013-04-12	5,742	3,424	150DB	15.0000	343	343
JOHN DEERE MOWER & DECK	2013-05-30	18,495	18,495	200DB	7.0000
BRADCO SKID STEER BACKHOE ATTACHMENT	2013-06-13	2,500	2,500	200DB	7.0000
SEAL PARKING LOT @ NATURE CENTER	2013-09-12	3,011	1,581	S/L	15.0000	201	201
ROOFING FOR 186, 190 AND CARPENTER	2013-09-30	9,547	1,903	S/L	39.0000	244	244
NEW WINDOWS IN NATURE CENTER	2013-12-30	10,400	5,286	S/L	15.0000	694	694
FENCING	2014-03-02	1,750	890	S/L	15.0000	116	116
2 NEW DOORS @ NATURE CENTER	2014-06-25	1,962	1,962	S/L	7.0000
2006 CHEVY SILVERADO 3500 V8	2014-06-27	14,969	14,969	S/L	7.0000
SNOW PLOW	2014-06-27	6,035	6,035	S/L	7.0000
SPLIT DECK TRAILER	2014-06-27	5,500	5,500	S/L	7.0000
INFORMATION CENTER SIGN	2014-07-09	1,339	1,339	S/L	7.0000
INFORMATION CENTER BENCHES	2014-08-04	2,306	2,286	S/L	7.0000	20	20
WINDOWS	2014-12-01	2,966	602	S/L	27.5000	108	108
SECURITY GATE	2016-03-11	2,685	2,192	S/L	7.0000	384	384
2002 CHEVY TRAILBLAZER	2016-03-18	3,150	3,150	S/L	5.0000
1997 FORD F150 - TEAL	2016-03-23	1,450	1,450	S/L	5.0000
SECURITY GATE	2016-06-28	2,890	2,359	S/L	7.0000	413	413
PLAYSCAPE	2016-06-30	16,763	4,470	S/L	15.0000	1,118	1,118
GAS FURNACE - ADMIN BLDG	2017-01-25	4,006	454	S/L	39.0000	102	102
6X10 SURE-TRAC DUMP TRAILER	2017-05-24	4,895	2,914	S/L	7.0000	699	699
JOHN DEERE PLANETARY DRIVE AUGER	2018-02-07	3,000	1,464	S/L	7.0000	429	429
PRO FORCE DEBRIS BLOWER	2018-01-11	7,250	3,625	S/L	7.0000	1,036	1,036
45' HIGH CUBE CONTAINER	2018-03-07	3,000	1,429	S/L	7.0000	428	428
ROOF - WOODSIDE DRIVE	2018-03-29	6,606	791	S/L	27.5000	240	240
HP DESIGNJET T520 WIRELESS PRINTER	2018-06-01	2,297	1,012	S/L	7.0000	328	328
FARLOW/FOUTS FARM LAND	2017-10-09	430,000
JD 1550 MOWER & 72" DECK	2019-04-24	18,750	5,804	S/L	7.0000	2,678	2,678
2 1/2 TON BRYANT AIR CONDITIONER	2019-06-07	3,289	1,410	S/L	7.0000	469	469
LED LIGHTING	2019-08-22	8,450	397	S/L	39.0000	217	217
FURNACE & AIR CONDITIONING UNIT	2020-02-21	13,693	468	S/L	39.0000	351	351
ANNEX - FLOORING	2020-06-09	2,782	77	S/L	39.0000	72	72
16 IN MACBOOK PRO LAPTOP	2020-06-09	2,399	520	S/L	5.0000	480	480
DR FIELD AND BRUSH MOWER PRO	2020-06-16	2,000	286	S/L	7.0000	285	285
MOWER	2020-06-29	1,075	154	S/L	7.0000	153	153
COUNTERTOP/CABINETS - ANNEX	2020-06-09	2,286	61	S/L	39.0000	59	59
NEW ROOF	1988-12-01	5,140	5,140	S/L	31.5000
LEAF VACUUM	2020-11-10	4,326	412	S/L	7.0000	618	618
LEAF VACUUM - MULCH ATTACHMENT	2020-11-10	2,400	229	S/L	7.0000	342	342
2017 GMC 1500 TRUCK	2021-01-11	32,227	2,302	S/L	7.0000	4,604	4,604
2013 JD 997 ZERO-TURN MOWER	2021-02-24	9,500	452	S/L	7.0000	1,358	1,358
BARN - METAL SIDING	2021-04-14	20,977	191	S/L	27.5000	763	763
DOUBLE CHIP SEAL - MILESTONE	2020-09-23	53,370	5,718	S/L	7.0000	7,625	7,625
PAVING AUTO TOUR	2021-06-09	102,737	1,223	S/L	7.0000	14,677	14,677
SEED SHED	2021-03-18	4,350	73	S/L	15.0000	290	290
PAVING - AUTO TOUR	2021-07-05	111,319		S/L	7.0000	15,903	15,903
EASTSIDE TRAIL PARKING LOT EXTENSION	2021-11-09	7,637		S/L	7.0000	727	727
NEW PHONE SYSTEM	2021-11-09	3,790		S/L	7.0000	361	361
40FT HIGH CUBE STORAGE CONTAINER	2022-01-07	5,450		S/L	7.0000	389	389
BRADCO BRUSH CUTTER ATTACHMENT	2022-01-07	6,955		S/L	7.0000	497	497
PARKING BARRIER/TOKEN COIN ACCEPTOR	2022-02-23	6,725		S/L	7.0000	320	320

- TIN:

TY 2021 InvestmentsCorpBondsSchedule

Name:

STANLEY W HAYES RESEARCH FDN INC

EIN:

35-1061111

Name of Bond	End of Year Book Value	End of Year Fair Market Value
CORPORATE BONDS	2,507,162	2,246,359

- TIN:

TY 2021 InvestmentsCorpStockSchedule

Name:

STANLEY W HAYES RESEARCH FDN INC

EIN:

35-1061111

Name of Stock	End of Year Book Value	End of Year Fair Market Value
EQUITY	5,588,707	8,643,997
REAL ESTATE
WC FOUNDATION EDUCATION FUND	13,877	16,002

- TIN:

TY 2021 InvestmentsLandSchedule2

Name:

STANLEY W HAYES RESEARCH FDN INC

EIN:

35-1061111

Category/ Item	Cost/Other Basis	Accumulated Depreciation	Book Value	End of Year Fair Market Value
INVESTMENT PROPERTY - LAND	430,000		430,000	430,000

- TIN:

TY 2021 LandEtcSchedule2

Name:

STANLEY W HAYES RESEARCH FDN INC

EIN:

35-1061111

Category / Item	Cost / Other Basis	Accumulated Depreciation	Book Value	End of Year Fair Market Value
BUILDINGS	310,049	304,973	5,076	14,509
FURNITURE & FIXTURES	48,786	37,939	10,847	8,209
ARBORETUM EQUIPMENT	229,994	166,814	63,180	47,821
BUILDING IMPROVEMENTS	173,955	80,422	93,533	267,358
CAPITAL IMPROVEMENTS - OTHER	348,100	89,800	258,300	738,333
LAND	685,000		685,000	148,500

- TIN:

TY 2021 MortgagesAndNotesPayableSch

Name:

STANLEY W HAYES RESEARCH FDN INC

EIN:

35-1061111

Total Mortgage Amount:

Item No.	1
Lender's Name	NOTE PAYABLE - US BANK PPP LOAN
Lender's Title
Relationship to Insider
Original Amount of Loan	32,380
Balance Due
Date of Note
Maturity Date
Repayment Terms
Interest Rate
Security Provided by Borrower
Purpose of Loan
Description of Lender Consideration
Consideration FMV

- TIN:

TY 2021 OtherAssetsSchedule

Name:

STANLEY W HAYES RESEARCH FDN INC

EIN:

35-1061111

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
ERC PAYROLL TAX RECEIVABLE	22,234	23,506	23,506

- TIN:

TY 2021 OtherExpensesSchedule

Name:

STANLEY W HAYES RESEARCH FDN INC

EIN:

35-1061111

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
EXPENSES
OUTSIDE LABOR & SERVICES	12,996			12,996
COMMUNICATIONS	2,069			2,069
DUES & SUBSCRIPTIONS	714			714
PUBLIC RELATIONS/ADVERTISING	7,335			7,335
EMPLOYEE EDUCATION	494			494
INSURANCE	19,294	198		19,096
MISCELLANEOUS	7,027	429	429	6,598
OPERATING SUPPLIES	8,926	64		8,862
PROGRAM EXPENSES	504			504
EXHIBITS & DISPLAYS	7,788			7,788
HORTICULTURE EXPENSE	4,677			4,677
OIL & GAS	7,531			7,531
SECURITY	231			231
LEASE EXPENSE	652			652
CREDIT CARD FEES	716			716

- TIN:

TY 2021 OtherIncomeSchedule2

Name:

STANLEY W HAYES RESEARCH FDN INC

EIN:

35-1061111

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
TOUR GROUP INCOME	2,706		2,706
CLASSES & WORKSHOPS	340		340
MISCELLANEOUS	881		881
GIFT SHOP SALES	193		193
MEMBERSHIP DUES	30,700		30,700
FACILITY RENTALS	10,454	10,454	10,454

- TIN:

TY 2021 OtherProfessionalFeesSchedule

Name:

STANLEY W HAYES RESEARCH FDN INC

EIN:

35-1061111

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INDIRECT OTHER PROFESSIONAL FEES	59,007	59,007	59,007

- TIN:

TY 2021 TaxesSchedule

Name:

STANLEY W HAYES RESEARCH FDN INC

EIN:

35-1061111

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INDIRECT TAXES/LICENSES	21,262	1,780		19,482