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
CHARLES ARMKNECHT TR 1-COMPOSITE
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 0634
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MILWAUKEE, WI532010634
A Employer identification number

42-6168836
B Telephone number (see instructions)

(319) 753-8764
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$1,296,257J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 34,208 33,940  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 74,785
b Gross sales price for all assets on line 6a 199,039
7 Capital gain net income (from Part IV, line 2)... 74,785
8 Net short-term capital gain......... 0
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 65    
12 Total. Add lines 1 through 11........ 109,058 108,725  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 16,240 14,616   1,624
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule)......... Click to see attachment 900 0 0 900
b Accounting fees (attach schedule)....... Click to see attachment 375 0 0 375
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 432 432   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 11 1   10
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 17,958 15,049 0 2,909
25 Contributions, gifts, grants paid....... 49,099 49,099
26 Total expenses and disbursements. Add lines 24 and 25 67,057 15,049 0 52,008
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 42,001
b Net investment income (if negative, enter -0-) 93,676
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............. 110 422 422
2 Savings and temporary cash investments......... 101,648 27,401 27,401
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
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 bullet0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 601,973 Click to see attachment618,856 800,921
c Investments—corporate bonds (attach schedule)....... 222,711 Click to see attachment271,328 262,272
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 133,162 Click to see attachment175,533 204,487
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment662 Click to see attachment754 Click to see attachment754
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,060,266 1,094,294 1,296,257
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 1,060,266 1,094,294
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)..... 1,060,266 1,094,294
30 Total liabilities and net assets/fund balances (see instructions). 1,060,266 1,094,294
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
1,060,266
2
Enter amount from Part I, line 27a .....................
2
42,001
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
1,102,267
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
7,973
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
1,094,294
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 5. BROADCOM INC   2018-05-14 2021-02-02
b 50. MAGNA INTL INC-CL A     2021-02-02
c 10. MCKESSON HBOC INC COM   2016-09-26 2021-02-02
d 40. SCHWAB CHARLES CORP NEW COM   2020-07-30 2021-02-02
e 15. LYONDELLBASELL INDUSTRIES CL A   2019-02-01 2021-02-02
349.854 CAUSEWAY INTERNATL VALUE INS   2018-09-14 2021-02-25
181.1 ROBECO BOSTON PARTNERS L S RSRCH     2021-02-25
10. APPLE COMPUTER INC   2014-04-16 2021-04-14
5. BROADCOM INC   2018-04-26 2021-04-14
50. CAPITAL ONE FINL CORP COM RTS EXP 11/29/2005   2017-08-09 2021-04-14
75. MAGNA INTL INC-CL A     2021-04-14
25. METLIFE INC COM   2015-01-06 2021-04-14
20. MICRON TECHNOLOGY INC     2021-04-14
25. SCHWAB CHARLES CORP NEW COM   2020-07-30 2021-04-14
20. WESTERN DIGITAL CORP COM   2018-02-22 2021-04-14
35. LYONDELLBASELL INDUSTRIES CL A   2019-02-01 2021-04-14
20. APPLE COMPUTER INC   2014-04-16 2021-05-26
12. CIGNA CORP     2021-05-26
20. CAPITAL ONE FINL CORP COM RTS EXP 11/29/2005     2021-05-26
15. MAGNA INTL INC-CL A   2019-02-01 2021-05-26
10. MICRON TECHNOLOGY INC   2019-02-01 2021-05-26
25. SCHWAB CHARLES CORP NEW COM   2020-07-30 2021-05-26
45.673 VANGUARD STRATEGIC EQUITY     2021-05-26
151.362 AMERICAN CENTURY EQUITY INCOME I   2019-02-01 2021-05-27
10. CAPITAL ONE FINL CORP COM RTS EXP 11/29/2005   2017-08-09 2021-05-27
20. MAGNA INTL INC-CL A   2019-02-01 2021-05-27
330.761 PGIM SHT DUR HIGH YLD INC CL R6   2015-03-18 2021-05-27
6.246 ROWE T PRICE MID CAP GROWTH FD INC   2010-09-21 2021-05-27
25. SCHWAB CHARLES CORP NEW COM   2020-07-30 2021-05-27
28.306 VANGUARD STRATEGIC EQUITY     2021-05-27
68.157 VICTORY TRIVALENT INTERNATIONAL SM     2021-05-27
15. WESTERN DIGITAL CORP COM   2018-02-22 2021-05-27
1. ALIBABA II   1911-11-11 2021-06-18
5. BIOGEN, INC   2020-12-11 2021-06-21
5. BIOGEN, INC   2020-12-11 2021-06-21
5. ORGANON CO   2021-05-26 2021-06-21
.5 ORGANON CO   2021-04-14 2021-06-22
30. ATT INC   2020-12-11 2021-07-01
15. AMERICAN CAMPUS COMMUNITIES   2020-01-31 2021-07-01
10. APPLE COMPUTER INC   2014-04-16 2021-07-01
10. APPLE COMPUTER INC   2014-04-16 2021-07-01
5. BROADCOM INC   2018-05-14 2021-07-01
10. CIGNA CORP   2017-08-09 2021-07-01
50. CABOT OIL & GAS CORP CL A   2020-01-31 2021-07-01
50. CABOT OIL & GAS CORP CL A   2019-11-18 2021-07-01
25. CARDINAL HEALTH INC.   2016-06-09 2021-07-01
25. CARDINAL HEALTH INC.   2016-04-25 2021-07-01
35. CISCO SYS INC   2019-11-18 2021-07-01
25. ISHARES CORE S P US VALUE ETF   2020-07-30 2021-07-01
30. MAGNA INTL INC-CL A   2019-02-01 2021-07-01
25. MAGNA INTL INC-CL A   2019-02-01 2021-07-01
10. MCKESSON HBOC INC COM   2016-09-26 2021-07-01
8. ORGANON CO     2021-07-01
22.136 INVESCO DEVELOPING MARKETS R6     2021-07-02
10.625 INVESCO DEVELOPING MARKETS R6     2021-07-02
140.987 AMERICAN CENTURY EQUITY INCOME I   2019-02-01 2021-07-02
132.696 GLENMEDE SMALL CAP EQUITY INSTL   2015-05-11 2021-07-02
222.93 GLENMEDE SMALL CAP EQUITY INSTL   2015-05-11 2021-07-02
137.363 PGIM SHT DUR HIGH YLD INC CL R6   2015-03-18 2021-07-02
329.67 PGIM SHT DUR HIGH YLD INC CL R6   2015-03-18 2021-07-02
122.1 TCW EMERGING MARKETS INCOME FUND     2021-07-02
324.737 TIAA CREF SHORT TERM BD FD ADV     2021-07-02
310.411 TIAA CREF SHORT TERM BD FD ADV   2019-11-18 2021-07-02
44.793 VANGUARD STRATEGIC EQUITY     2021-07-02
1. ALPHABET INC CL A   2019-10-29 2021-09-21
5. BROADCOM INC   2018-05-14 2021-09-21
25. CISCO SYS INC   2019-11-18 2021-09-21
15. MCKESSON HBOC INC COM   2016-09-26 2021-09-21
10. PRUDENTIAL FINL INC   2016-04-25 2021-09-21
7.824 ROWE T PRICE MID CAP GROWTH FD INC   2010-09-21 2021-09-22
248.566 TIAA CREF SHORT TERM BD FD ADV   2020-07-30 2021-09-22
200.765 TIAA CREF SHORT TERM BD FD ADV   2019-11-18 2021-09-22
40. ALIBABA GROUP HOLDING LTD A D R   2015-03-18 2021-12-14
33. ALIBABA GROUP HOLDING LTD A D R   2015-08-13 2021-12-14
5. APPLE COMPUTER INC   2014-04-16 2021-12-14
20. ARCHER DANIELS MIDLAND CO   2015-05-11 2021-12-14
3. BROADCOM INC   2018-04-26 2021-12-14
4. BROADCOM INC   2018-05-14 2021-12-14
50. CABOT OIL & GAS CORP CL A   2020-12-11 2021-12-14
12. KYNDRYL HLDGS INC COMMON STOCK     2021-12-14
20. LOYALTY VENTURES INC     2021-12-14
5. QUALCOMM INC   2021-04-14 2021-12-14
CAPITAL GAIN DIVIDENDS P    
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CAPITAL GAIN DIVIDENDS P    
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(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 2,383   1,229 1,154
b 3,673   2,644 1,029
c 1,817   1,662 155
d 2,187   1,347 840
e 1,334   1,328 6
6,000   5,682 318
2,700   2,453 247
1,319   185 1,134
2,386   1,148 1,238
6,779   4,255 2,524
7,034   4,013 3,021
1,566   1,134 432
1,811   836 975
1,685   842 843
1,372   1,711 -339
3,741   3,089 652
2,535   371 2,164
3,118   2,239 879
3,203   1,519 1,684
1,436   786 650
815   396 419
1,799   842 957
2,000   1,533 467
1,500   1,270 230
1,610   851 759
2,009   1,050 959
3,000   3,109 -109
750   328 422
1,817   842 975
1,250   927 323
1,250   795 455
1,143   1,283 -140
14     14
1,913   1,209 704
1,912   1,211 701
148   183 -35
15   18 -3
872   933 -61
713   686 27
1,370   185 1,185
1,372   185 1,187
2,346   1,229 1,117
2,383   1,866 517
893   711 182
891   861 30
1,448   1,989 -541
1,446   2,158 -712
1,868   1,578 290
1,811   1,359 452
2,827   1,575 1,252
2,352   1,310 1,042
1,923   1,662 261
245   288 -43
1,250   821 429
600   412 188
1,400   1,183 217
5,000   3,818 1,182
8,400   6,414 1,986
1,250   1,291 -41
3,000   3,099 -99
1,000   1,133 -133
3,400   3,358 42
3,250   3,219 31
2,000   1,491 509
2,792   1,257 1,535
2,461   1,229 1,232
1,386   1,127 259
3,028   2,492 536
984   786 198
1,000   411 589
2,600   2,605 -5
2,100   2,082 18
5,000   3,354 1,646
4,167   2,498 1,669
866   93 773
1,297   1,035 262
1,828   689 1,139
2,453   983 1,470
1,015   840 175
213   378 -165
581   2,587 -2,006
901   674 227
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
      28,033
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       1,154
b       1,029
c       155
d       840
e       6
      318
      247
      1,134
      1,238
      2,524
      3,021
      432
      975
      843
      -339
      652
      2,164
      879
      1,684
      650
      419
      957
      467
      230
      759
      959
      -109
      422
      975
      323
      455
      -140
      14
      704
      701
      -35
      -3
      -61
      27
      1,185
      1,187
      1,117
      517
      182
      30
      -541
      -712
      290
      452
      1,252
      1,042
      261
      -43
      429
      188
      217
      1,182
      1,986
      -41
      -99
      -133
      42
      31
      509
      1,535
      1,232
      259
      536
      198
      589
      -5
      18
      1,646
      1,669
      773
      262
      1,139
      1,470
      175
      -165
      -2,006
      227
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 74,785
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 1,302
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 1,302
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 136
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 1,166
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,302
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet0 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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletIA
    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 addressbullet  
    14
    The books are in care ofbulletU S BANK NA Telephone no.bullet (319) 753-8764

    Located atbullet201 JEFFERSONBURLINGTONIA ZIP+4bullet526015250
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
    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
    US BANK N A TRUSTEE
    1     		16,240    
    PO BOX 0634
    MILWAUKEE,WI532010634
    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.........................bullet  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    1,253,613
    b
    Average of monthly cash balances.......................
    1b
    24,101
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,277,714
    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
    1,277,714
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    19,166
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    1,258,548
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    62,927
    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
    62,927
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    1,302
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,302
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    61,625
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    61,625
    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
    61,625
    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 61,625
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 49,099
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 0
    b From 2017...... 0
    c From 2018...... 0
    d From 2019...... 0
    e From 2020...... 0
    f Total of lines 3a through e ........ 0
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 52,008
    a Applied to 2020, but not more than line 2a 49,099
    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..... 2,909
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		58,716
    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.... 0
    b Excess from 2018.... 0
    c Excess from 2019.... 0
    d Excess from 2020.... 0
    e Excess from 2021.... 0
    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).)
    NONE
    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.
    NONE
    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
    GREAT RIVER MEDICAL CENTER
    ATTN CORPORATE CONTROLLER
    1221 S GEAR AVE
    W BURLINGTON,IA526551679     		NONE PC GENERAL OPERATING 49,099
    Total .................................bullet 3a 49,099
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    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 74,785  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aFEDERAL TAX REFUND     		    1 65  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) ..   109,058  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    109,058
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 AccountingFeesSchedule
    Name:
    CHARLES ARMKNECHT TR 1-COMPOSITE
    EIN:
    42-6168836
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 375     375

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    CHARLES ARMKNECHT TR 1-COMPOSITE
    EIN:
    42-6168836
    Name of Bond End of Year Book Value End of Year Fair Market Value
    277923728 EATON VANCE GLOBAL M 16,549 16,312
    258620103 DOUBLELINE TOTAL RET 78,488 75,578
    87234N765 TCW EMERGING MARKETS 21,516 19,106
    670700400 NUVEEN PREFERRED SEC 62,959 65,022
    74440B884 PGIM TOTAL RETURN BO 24,890 24,889
    861729101 STONE RIDGE REINSUR 25,000 20,958
    74442J406 PGIM SHT DUR HIGH YL 31,926 31,707
    72369L107 PIONEER ILS INTERVAL 10,000 8,700

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    CHARLES ARMKNECHT TR 1-COMPOSITE
    EIN:
    42-6168836
    Name of Stock End of Year Book Value End of Year Fair Market Value
    149498107 CAUSEWAY EMERGING MA 43,192 47,559
    74254V273 PRINCIPAL GL R E SEC 10,204 13,029
    018581108 ALLIANCE DATA SYSTEM 18,107 6,657
    77957Y106 T ROWE PRICE MID CAP 38,177 42,559
    025076209 AMERICAN CENTURY EQU 2,937 3,987
    74925K581 ROBECO BOSTON PARTNE    
    59156R108 METLIFE INC 9,210 12,498
    744320102 PRUDENTIAL FINANCIAL 14,957 18,942
    N53745100 LYONDELLBASELL INDUS 13,033 15,218
    17275R102 CISCO SYSTEMS INC 3,376 5,703
    92647K309 VICTORY TRIVALENT IN 6,793 10,113
    024835100 AMERICAN CAMPUS COMM 7,776 10,599
    037833100 APPLE INC 3,058 29,299
    039483102 ARCHER DANIELS MIDLA 1,552 2,028
    375558103 GILEAD SCIENCES INC 5,365 5,083
    003021714 ABERDEEN FDS EMRGN 5,722 6,413
    577130776 MATTHEWS ASIA GROWTH 23,608 27,321
    641233200 NEUBERGER BERMAN GEN 28,124 47,183
    01609W102 ALIBABA GROUP HOLDIN    
    14040H105 CAPITAL ONE FINANCIA 8,842 13,058
    779556109 ROWE T PRICE MID-CAP 13,296 29,717
    58155Q103 MCKESSON CORPORATION 13,844 24,857
    670678507 NUVEEN REAL ESTATE S 2,832 3,901
    922038104 VANGUARD STRATEGIC E 20,595 26,047
    06828M876 BARON EMERGING MARKE 28,408 44,511
    464288448 ISHARES INTERNATIONA 23,948 25,412
    14149Y108 CARDINAL HEALTH INC 19,488 12,873
    11135F101 BROADCOM INC 7,722 21,959
    958102105 WESTERN DIGITAL CORP 16,493 17,607
    02079K305 ALPHABET INC CL A 4,405 11,588
    595112103 MICRON TECHNOLOGY IN 6,768 11,644
    30303M102 FACEBOOK INC A 8,090 16,818
    125523100 CIGNA CORP 2,239 2,756
    14949P208 CAUSEWAY INTERNATL V 19,114 21,208
    559222401 MAGNA INTL INC CL    
    459200101 INTERNATIONAL BUSINE 15,157 16,039
    00287Y109 ABBVIE INC 13,246 21,664
    110122108 BRISTOL MYERS SQUIBB 13,291 14,029
    127097103 CABOT OIL GAS CORP C 14,306 17,100
    15135B101 CENTENE CORP COM 7,685 11,206
    808513105 SCHWAB CHARLES CORP 3,368 8,410
    92343V104 VERIZON COMMUNICATIO 6,537 5,975
    00206R102 ATT INC 17,504 14,391
    09062X103 BIOGEN, INC 8,315 8,397
    56585A102 MARATHON PETROLEUM C 14,368 17,597
    92556V106 VIATRIS INC 16,824 14,883
    58933Y105 MERCK AND CO INC 12,790 13,412
    H1467J104 CHUBB LTD 4,102 4,833
    54911Q107 LOYALTY VENTURES INC 2,628 601
    172967424 CITIGROUP INC 17,049 15,399
    717081103 PFIZER INC 6,504 10,334
    50155Q100 KYNDRYL HLDGS INC CO 377 217
    747525103 QUALCOMM INC 13,530 18,287

    TY 2021 InvestmentsOtherSchedule2
    Name:
    CHARLES ARMKNECHT TR 1-COMPOSITE
    EIN:
    42-6168836
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    00143W859 INVESCO DEVELOPING M AT COST 9,129 12,076
    87245P650 TIAA CREF SHORT TERM AT COST 24,304 24,407
    378690820 GLENMEDE SMALL CAP E AT COST 23,822 36,035
    025076845 AMERICAN CENTURY SMA AT COST 24,000 33,542
    03463K406 ANGEL OAK MULTI STRA AT COST 68,000 67,304
    79471L602 SALIENT MLP ENERGY I AT COST 4,000 3,858
    63873P817 LOOMIS SAYLES STRATE AT COST 10,047 10,088
    464287663 ISHARES CORE S P US AT COST 12,231 17,177

    TY 2021 LegalFeesSchedule
    Name:
    CHARLES ARMKNECHT TR 1-COMPOSITE
    EIN:
    42-6168836
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES - PRINCIPAL (ALLOCA 450     450
    LEGAL FEES - INCOME (ALLOCABLE 450     450


    TY 2021 OtherAssetsSchedule
    Name:
    CHARLES ARMKNECHT TR 1-COMPOSITE
    EIN:
    42-6168836
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ACCRUED INCOME   0 0
    000000000 MISCELLANEOUS ENTRY 662 754 754


    TY 2021 OtherDecreasesSchedule
    Name:
    CHARLES ARMKNECHT TR 1-COMPOSITE
    EIN:
    42-6168836
    Description Amount
    PY ROC ADJ 7,968
    ROUNDING ADJ 5


    TY 2021 OtherExpensesSchedule
    Name:
    CHARLES ARMKNECHT TR 1-COMPOSITE
    EIN:
    42-6168836
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    STATE FILING FEE/TAX 10 0   10
    ADR FEES 1 1   0


    TY 2021 OtherIncomeSchedule2
    Name:
    CHARLES ARMKNECHT TR 1-COMPOSITE
    EIN:
    42-6168836
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    FEDERAL TAX REFUND 65 0  


    TY 2021 TaxesSchedule
    Name:
    CHARLES ARMKNECHT TR 1-COMPOSITE
    EIN:
    42-6168836
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 315 315   0
    FOREIGN TAXES ON NONQUALIFIED 117 117   0