TY 2021 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

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

OMB No. 1545-0047

2021

Open to Public Inspection

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

Name of foundation
BAUMBERGER ENDOWMENT

Number and street (or P.O. box number if mail is not delivered to street address)7201 BROADWAY SUITE 300
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
SAN ANTONIO, TX782093774

A Employer identification number

23-7225925

B Telephone number (see instructions)

(210) 822-8915

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

$35,412,355J 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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)	14,500
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	579,562		567,562
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		1,472,189
b	Gross sales price for all assets on line 6a 6,054,018
7	Capital gain net income (from Part IV, line 2)...			1,472,189
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	2,066,251		2,039,751
13	Compensation of officers, directors, trustees, etc.	21,375		3,206	18,169
14	Other employee salaries and wages......	92,050		4,602	87,448
15	Pension plans, employee benefits.......	39,925		1,996	37,929
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		11,800	2,950	8,850
c	Other professional fees (attach schedule)....		86,282	86,282
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		41,247	10,642	6,690
19	Depreciation (attach schedule) and depletion...		28	3
20	Occupancy..............	25,969		1,298	24,671
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		84,166	35,612	48,554
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	402,842		146,591	232,311
25	Contributions, gifts, grants paid.......	1,242,500			1,242,500
26	Total expenses and disbursements. Add lines 24 and 25	1,645,342		146,591	1,474,811
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	420,909
b	Net investment income (if negative, enter -0-)			1,893,160
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

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

Form 990-PF (2021)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	4,506	3,577	3,577
	2	Savings and temporary cash investments.........	1,145,474	202,327	202,327
	3	Accounts receivable 4,363
		Less: allowance for doubtful accounts	7,228	4,363	4,363
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........	22,198	25,268	25,268
	10a	Investments—U.S. and state government obligations (attach schedule)	850,240	1,782,415	1,748,812
	b	Investments—corporate stock (attach schedule).......	6,264,816	5,809,610	11,937,694
	c	Investments—corporate bonds (attach schedule).......	3,298,821	2,649,044	2,665,239
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............	4,107	2,854	3,144
	13	Investments—other (attach schedule)..........	13,866,575	15,405,443	18,821,929
	14	Land, buildings, and equipment: basis 29,056
		Less: accumulated depreciation (attach schedule) 29,056	28
	15	Other assets (describe )	1	2	2
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	25,463,994	25,884,903	35,412,355
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds	25,463,994	25,884,903
	29	Total net assets or fund balances (see instructions).....	25,463,994	25,884,903
	30	Total liabilities and net assets/fund balances (see instructions).	25,463,994	25,884,903

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

25,463,994

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

420,909

Other increases not included in line 2 (itemize) bullet

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

25,884,903

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 .

25,884,903

Form 990-PF (2021)

Page 3

Part IV

Capital Gains and Losses for Tax on Investment Income

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

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	412,384	387,398	25,004
b	4,780,598	4,059,497	721,101
c	164	161	3
d	558,345	133,630	424,715
e	2,071	1,161	910

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			25,004
b			721,101
c			3
d			424,715
e			910

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	1,472,189
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Form 990-PF (2021)

Page 4

Part V

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

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2
3	Add lines 1 and 2...........................	3	26,315
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	26,315
6	Credits/Payments:

a	2021 estimated tax payments and 2020 overpayment credited to 2021	6a	25,268
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	25,268
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	1,047
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 .............................

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

BAUMBERGERENDOWMENT.ORG

The books are in care of bullet

CYNDE ZIETLOW Telephone no. bullet

(210) 822-8915

Located at bullet

7201 BROADWAY SUITE 300SAN ANTONIOTX ZIP+4 bullet

782093774

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)

(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)

Yes

(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-)
RONALD SCHMIDT	CHAIRMAN 002.00	4,275
7201 BROADWAY SUITE 300 SAN ANTONIO,TX78209	CHAIRMAN 002.00	4,275
FRANK BURK	SECRETARY 001.00	4,275
7201 BROADWAY SUITE 300 SAN ANTONIO,TX78209	SECRETARY 001.00	4,275
ALBERT J TIETZE JR	TRUSTEE 001.00	4,275
7201 BROADWAY SUITE 300 SAN ANTONIO,TX78209	TRUSTEE 001.00	4,275
NANCY F MAY	TRUSTEE 001.00	4,275
7201 BROADWAY SUITE 300 SAN ANTONIO,TX78209	TRUSTEE 001.00	4,275
SAMUAL GONZALES	TRUSTEE 001.00	4,275
7201 BROADWAY SUITE 300 SAN ANTONIO,TX78209	TRUSTEE 001.00	4,275

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
CYNTHIA ZIETLOW	EXEC DIRECTOR 040.00	75,000	24,822
7201 BROADWAY SUITE 300 SAN ANTONIO,TX78209	EXEC DIRECTOR 040.00	75,000	24,822








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
BROADWAY NATIONAL BANK	INVESTMENT SERVICES	86,282
1177 N E LOOP 410 SAN ANTONIO,TX78217	INVESTMENT SERVICES	86,282

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	N/A	0
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	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...................

33,739,712

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

767,526

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

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

34,507,238

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

34,507,238

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

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

517,609

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

33,989,629

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

1,699,481

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

1,699,481

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

26,315

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

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

26,315

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

1,673,166

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

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

1,673,166

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

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

1,673,166

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)

	(c) 2020	(d) 2021
1 Distributable amount for 2021 from Part X, line 7		1,673,166
2 Undistributed income, if any, as of the end of 2021:
a Enter amount for 2020 only.......	1,471,436
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: $ 1,474,811
a Applied to 2020, but not more than line 2a	1,471,436
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.....		3,375
e Remaining amount distributed out of corpus
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
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 ..........		1,669,791
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

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

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2021	(b) 2020	(c) 2019	(d) 2018	(e) Total

b 85% (0.85) of line 2a .........
c Qualifying distributions from Part XI, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part IX, line 6 for each year listed ..
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XIV

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

1Information Regarding Foundation Managers:

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

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

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 e-mail address of the person to whom applications should be addressed:

CYNDE ZIETLOW
7201 BROADWAY
SAN ANTONIO,TX78209
(210) 822-8915

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

SEE WWW.BAUMENDOW.COM

cAny submission deadlines:

FEBRUARY 15

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

SEE WWW.BAUMENDOW.COM

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
AUSTIN COLLEGE 900 N GRAND AVE SHERMAN,TX75090	N/A	PC	SCHOLARSHIPS	10,000
NORTHWEST VISTA COLLEGE 3535 NORTH ELLISON DR SAN ANTONIO,TX78251	N/A	PC	SCHOLARSHIPS	5,000
RICE UNIVERSITY 6100 MAIN STREET HOUSTON,TX77005	N/A	PC	SCHOLARSHIPS	17,500
TEXAS A&M UNIVERSITY CORPUS CHRISTI 6300 OCEAN DR CORPUS CHRISTI,TX78412	N/A	PC	SCHOLARSHIPS	5,000
SAN ANTONIO COLLEGE 1300 SAN PEDRO SAN ANTONIO,TX78212	N/A	PC	SCHOLARSHIPS	5,000
ST EDWARDS UNIVERSITY 3001 SOUTH CONGRESS AUSTIN,TX78704	N/A	PC	SCHOLARSHIPS	10,000
TEXAS A&M UNIVERSITY 1936 NORTH ST COLLEGE STATION,TX77843	N/A	PC	SCHOLARSHIPS	282,500
TEXAS A&M UNIVERSITY SAN ANTONIO ONE UNIVERSITY WAY SAN ANTONIO,TX78224	N/A	PC	SCHOLARSHIPS	25,000
TEXAS STATE UNIVERSITY 501 UNIVERSITY DRIVE SAN MARCOS,TX78666	N/A	PC	SCHOLARSHIPS	57,500
TEXAS TECH UNIVERSITY 2500 BROADWAY LUBBOCK,TX79409	N/A	PC	SCHOLARSHIPS	27,500
TEXAS WOMAN'S UNIVERSITY 304 ADMINISTRATION DR DENTON,TX76204	N/A	PC	SCHOLARSHIPS	5,000
UNIVERSITY OF TEXAS AUSTIN BOX 7758 UNIV STA AUSTIN,TX78712	N/A	PC	SCHOLARSHIPS	517,500
UNIVERSITY OF TEXAS DALLAS 800 W CAMPBELL RICHARDSON,TX75080	N/A	PC	SCHOLARSHIPS	7,500
UNIVERSITY OF TEXAS SAN ANTONIO ONE UTSA CIRCLE SAN ANTONIO,TX78249	N/A	PC	SCHOLARSHIPS	205,000
TRINITY UNIVERSITY ONE TRINITY PLACE SAN ANTONIO,TX78212	N/A	PC	SCHOLARSHIPS	25,000
UNIVERSITY OF HOUSTON 4800 CALHOUN RD HOUSTON,TX77004	N/A	PC	SCHOLARSHIPS	25,000
UNIVERSITY OF NORTH TEXAS 1155 UNION CIRCLE NO 311370 DENTON,TX76203	N/A	PC	SCHOLARSHIPS	10,000
UNIV OF TEXAS HEALTH SCIENCE CTR - SAN ANTONIO 8300 FLOYD CURL SAN ANTONIO,TX78229	N/A	PC	SCHOLARSHIPS	2,500
Total ................................. 3a				1,242,500

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 ....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities ....
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income .....
8 Gain or (loss) from sales of assets other than inventory ............			18	1,472,189
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..				2,051,751

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

2,051,751

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

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

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

Form 990-PF (2021)

Page 13

Part XVI

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

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

Yes

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

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

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

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

If "Yes," complete the following schedule.

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

Sign Here

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

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

Form 990-PF (2021)

Additional Data

Software ID:	21013562
Software Version:	21.0.3.0
Part VI Line 7 - Tax Paid with the Original Return:	25,268

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

BAUMBERGER ENDOWMENT

Employer identification number

23-7225925

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 BAUMBERGER ENDOWMENT

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	LUCY BERLANGA 2723 MINNETONKA ST SAN ANTONIO, TX78210	$ 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
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2021)

Schedule B (Form 990) (2021)

Page 3

Name of organization BAUMBERGER ENDOWMENT		Employer identification number 23-7225925

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 BAUMBERGER ENDOWMENT			Employer identification number 23-7225925
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:	21013562
Software Version:	21.0.3.0

- TIN:

TY 2021 AccountingFeesSchedule

Name:

BAUMBERGER ENDOWMENT

EIN:

23-7225925

Software ID:

21013562

Software Version:

21.0.3.0

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
JOY REINER, CPA	1,500	375		1,125
AKIN, DOHERTY, KLEIN FEUGE	10,300	2,575		7,725

- TIN:

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

TY 2021 DepreciationSchedule

Name:

BAUMBERGER ENDOWMENT

EIN:

23-7225925

Software ID:

21013562

Software Version:

21.0.3.0

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense	Net Investment Income	Adjusted Net Income	Cost of Goods Sold Not Included
OFFICE EQUIPMENT	2015-01-01	1,705	1,677	SL	0000000005.000000000000	28	3

- TIN:

TY 2021 InvestmentsCorpBondsSchedule

Name:

BAUMBERGER ENDOWMENT

EIN:

23-7225925

Software ID:

21013562

Software Version:

21.0.3.0

Name of Bond	End of Year Book Value	End of Year Fair Market Value
HOME DEPOT 2.63 2022-06-01	150,095	151,150
AMAZON.COM INC 3.80 2024-12-05	102,702	107,260
VISA INC 2.80 2022-12-14	150,874	152,773
TOYOTA MOTOR CREDIT 3.30 2022-01-12	149,992	150,086
IBM CORP 2.50 2022-01-27	99,828	100,142
PRECISION CASTPARTS CORP 2.50 2023-01-15	99,191	101,480
STARBUCKS CORP 3.10 2023-03-01	99,983	102,388
SALESFORCE .COM INC 3.25 2023-04-11	249,069	257,885
WALMART INC 2.55 2023-04-11	423,674	434,361
MICROSOFT CORP 3.63 2023-12-15	101,087	105,270
APPLE INC 3.20 2025-05-13	54,554	53,224
HONEYWELL INTERNATIONAL 1.35 2025-06-01	133,467	130,575
APPLE INC 2.05 2026-09-11	319,760	308,353
MASTERCARD INC 2.95 2026-11-21	219,369	212,897
HOME DEPOT INC 1.50 2028-09-15	142,222	143,215
WALMART INC 1.50 2028-09-22	153,177	154,180

- TIN:

TY 2021 InvestmentsCorpStockSchedule

Name:

BAUMBERGER ENDOWMENT

EIN:

23-7225925

Software ID:

21013562

Software Version:

21.0.3.0

Name of Stock	End of Year Book Value	End of Year Fair Market Value
70 shares of AMAZON COM INC	124,298	233,404
1690 shares of APPLE INC	5,419	300,093
869 shares of CHEVRON CORPORATION	49,594	101,977
4278 shares of CISCO SYSTEMS	111,339	271,097
1154 shares of CROWN CASTLE INTL CORP	103,911	240,886
1492 shares of EXXON MOBIL CORPORATION	24,471	91,295
1346 shares of NIKE INC CLASS B	21,517	224,338
423 shares of THERMO FISHER SCIENTFIC	14,703	282,243
1304 shares of WALT DISNEY COMPANY	38,883	201,977
2224 shares of INTERCONTINENTAL EXCHANGE GROUP	130,703	304,176
4081 shares of COMCAST CORP CLASS A	134,259	205,397
3761 shares of MONDELEZ INTERNATIONAL INC A	169,582	249,392
2735 shares of SCHLUMBERGER LIMITED	149,587	81,913
497 shares of BROADCOM INC	161,442	330,709
1268 shares of DIAMONDBACK ENERGY INC	105,603	136,754
687 shares of HOME DEPOT INC	187,062	285,112
964 shares of HONEYWELL INTERNATIONAL INC	89,184	201,004
938 shares of IQVIA HOLDINGS INC	132,688	264,647
1507 shares of DIGITAL REALTY TRUST INC	194,717	266,543
2620 shares of NEXTERA ENERGY	184,836	244,603
1029 shares of VISA INC	180,646	222,995
363 shares of ADOBE INC	115,580	205,843
92 shares of ALPHABET INC CL A	27,699	266,528
3109 shares of AMPHENOL CORP - CLASS A	26,604	271,913
823 shares of BERKSHIRE HATHAWAY INC CL B	56,366	246,077
265 shares of BLACKROCK INC	43,324	242,623
525 shares of COSTCO WHOLESALE CORP	22,715	298,043
1310 shares of ISHARES BIOTECHNOLOGY ETF	117,209	199,932
1321 shares of JOHNSON JOHNSON	92,782	225,983
1521 shares of JPMORGAN CHASE CO	61,494	240,850
994 shares of L3 HARRIS TECHNOLOGIES INC	196,330	211,961
929 shares of MCDONALDS CORP	70,756	249,037
2544 shares of MERCK CO INC	208,070	194,972
635 shares of META PLATFORMS INC	76,128	213,582
2948 shares of MICROCHIP TECHNOLOGY INC	107,155	256,653
830 shares of MICROSOFT CORPORATION	81,823	279,146
2350 shares of MORGAN STANLEY	98,660	230,676
886 shares of PAYPAL HOLDINGS INC	30,630	167,082
1000 shares of PPG INDUSTRIES INC	159,955	172,440
459 shares of ROPER TECHNOLOGIES INC	143,992	225,764
1028 shares of SALESFORCE COM INC	178,533	261,246
1856 shares of STARBUCKS CORP	100,980	217,096
940 shares of STRYKER CORP	238,421	251,375
1403 shares of T-MOBILE US INC	161,886	162,720
3320 shares of TJX COMPANIES INC	127,020	252,054
1057 shares of UNION PACIFIC CORPORATION	119,893	266,290
547 shares of UNITEDHEALTH GROUP INC	121,103	274,671
2030 shares of VMWARE INC	229,640	235,236
1650 shares of WAL-MART INC	219,621	238,738
1285 shares of WEC ENERGY GROUP INC	112,358	124,735
585 shares of ACCENTURE PLC	37,743	242,512
1112 shares of ZOETIS INC	110,696	271,361

- TIN:

TY 2021 InvestmentsGovtObligationsSch

Name:

BAUMBERGER ENDOWMENT

EIN:

23-7225925

Software ID:

21013562

Software Version:

21.0.3.0

US Government Securities - End of Year Book Value:

650,000

US Government Securities - End of Year Fair Market Value:

634,717

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

1,132,415

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

1,114,095

- TIN:

TY 2021 InvestmentsOtherSchedule2

Name:

BAUMBERGER ENDOWMENT

EIN:

23-7225925

Software ID:

21013562

Software Version:

21.0.3.0

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
AMERICAN TOWER CORP 409	AT COST	65,387	119,633
AMERICAN NEW WORLD 7,464.116	AT COST	393,031	642,063
CALVERT EMERG MKTS EQ 27,793.839	AT COST	438,868	568,384
BOSTON PROPERTIES INC 541	AT COST	35,882	62,312
VENTAS INC 432	AT COST	14,687	22,084
GATEWAY FUND 21,752.744	AT COST	680,621	884,684
SPDR GOLD TRUST 3,430	AT COST	362,690	586,393
AVALONBAY COMMUNITIES 189	AT COST	35,618	47,740
DISCOVER BANK CD 200,000	AT COST	200,000	202,008
GOLDMAN SACHS BANK CD 100,000	AT COST	100,000	101,435
CITIBANK NA CD 100000	AT COST	100,000	101,870
MOUNTAIN AMERICA FD CD 100000	AT COST	100,000	103,188
GOLDMAN SACHS BANK CD 100000	AT COST	100,000	104,659
CITIBANK NA CD 100000	AT COST	100,000	104,674
UBS BANK USA CD 100000	AT COST	100,000	105,157
EQUINIX INC 127	AT COST	75,331	107,422
EQUITY RESIDENTIAL 318	AT COST	19,634	28,779
HOST HOTELS AND RESORTS 1672	AT COST	26,767	29,076
INVITATION HOMES INC 1078	AT COST	34,927	48,877
ORION OFFICE REIT INC 50	AT COST		934
HEALTHPEAK PROP 1,244	AT COST	44,961	44,896
EAGLEBANK CD 125,000	AT COST	125,000	126,060
MORGAN STANLEY PVT CD 225,000	AT COST	225,000	231,552
GOLDMAN SACHS BK CD 25,000	AT COST	25,000	26,166
CAPITAL ONE BANK CD 200,000	AT COST	200,000	209,098
MORGAN STANLEY BK CD 150,000	AT COST	150,000	155,673
FNB KANSAS CD 237,000	AT COST	237,000	232,704
BMO HARRIS BK CD 100,000	AT COST	99,678	97,575
JONESBORO ST BK CD 200,000	AT COST	200,000	192,939
BMO HARRIS BANK NA CD 113,000	AT COST	113,000	111,463
SALLIE MAE BK CD 200,000	AT COST	199,500	198,708
UBS BK CD 100,000	AT COST	100,000	98,681
FNB AMERICA BK CD 200,000	AT COST	198,486	192,885
CONESTOGA SMALL CAP FUND 2,751.665	AT COST	154,408	239,120
JOHN HANCOCK FDS-DISC VALUE 25,802.129	AT COST	402,266	714,203
MFS NEW DISCOVERY 11,371.28	AT COST	173,798	233,362
T ROWE PRICE MID CAP 6,295.837	AT COST	548,061	739,194
ARTISAN INTERNATIONAL 25,536.371	AT COST	302,788	524,006
HARDING LOEVNER INTERNATIONAL 38,496.622	AT COST	788,257	1,157,593
MFS INTERNATIONAL INTRINSIC 25,593.49	AT COST	940,793	1,362,853
PEAR TREE POLARIS 37,174.721	AT COST	600,000	889,591
AMERICAN CAMPUS COMMUNITIES 490	AT COST	20,182	28,072
PROLOGIS INC 674	AT COST	61,573	113,475
PUBLIC STORAGE 334	AT COST	16,046	125,103
REALTY INCOME CORP 508	AT COST	21,888	36,368
SBA COMMUNICATIONS CORP 103	AT COST	26,751	40,069
SIMON PPTY GROUP 253	AT COST	6,639	40,422
WELLTOWER INC 538	AT COST	28,938	46,144
BLACKROCK SYSTEMATIC MULTI 84,152.581	AT COST	865,115	879,394
BNY MELLON GLOBAL 49,700.27	AT COST	855,000	866,773
CALAMOS MARKET NEUTRAL 62,091.655	AT COST	823,170	901,571
LAZARD GLOBAL LISTED 47,287.397	AT COST	693,839	780,242
GUGGENHEIM TOTAL RETURN 31,607.507	AT COST	855,406	902,710
VANGUARD ULTRA-SHORT TERM 29,801.688	AT COST	600,057	597,822
VOYA SECURITIZED CREDIT 92,788.75	AT COST	933,118	903,762
JPMORGAN GLOBAL BOND 77,541.454	AT COST	786,282	810,308

- TIN:

TY 2021 LandEtcSchedule2

Name:

BAUMBERGER ENDOWMENT

EIN:

23-7225925

Software ID:

21013562

Software Version:

21.0.3.0

Category / Item	Cost / Other Basis	Accumulated Depreciation	Book Value	End of Year Fair Market Value
FURNITURE, FIXTURES AND EQUIPMENT	29,056	29,056

- TIN:

TY 2021 OtherAssetsSchedule

Name:

BAUMBERGER ENDOWMENT

EIN:

23-7225925

Software ID:

21013562

Software Version:

21.0.3.0

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
MINERAL INTEREST	1	2	2

- TIN:

TY 2021 OtherExpensesSchedule

Name:

BAUMBERGER ENDOWMENT

EIN:

23-7225925

Software ID:

21013562

Software Version:

21.0.3.0

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
BOND PREMIUM - TAXABLE BONDS	30,834	30,834
SELECTION COMMITTEE EXPENSE	24,750		24,750
POSTAGE	101	10	91
PUBLIC RELATIONS	7,825	783	7,042
SUNDRY EXPENSE	804	80	724
SUPPLIES	1,806	181	1,625
TELEPHONE	1,714	171	1,543
INTERNET ACCESS	1,204	120	1,084
OFFICE EXPENSE	7,751	388	7,363
WEB HOSTING	1,015	102	913
INSURANCE	3,799	380	3,419
ADR FEES	185	185
INTEREST INVESTMENT EXPENSES	2,378	2,378

- TIN:

TY 2021 OtherProfessionalFeesSchedule

Name:

BAUMBERGER ENDOWMENT

EIN:

23-7225925

Software ID:

21013562

Software Version:

21.0.3.0

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT FEES - BROADWAY BANK	86,282	86,282

- TIN:

TY 2021 TaxesSchedule

Name:

BAUMBERGER ENDOWMENT

EIN:

23-7225925

Software ID:

21013562

Software Version:

21.0.3.0

Category	Amount	Net Investment Income	Disbursements for Charitable Purposes
FOREIGN TAXES	10,290	10,290
EXCISE TAXES	23,915
PAYROLL TAXES	7,042	352	6,690