Form990-PF
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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
DEAN J KING FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)3210 260TH
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LOGAN, IA51546
A Employer identification number

42-1480536
B Telephone number (see instructions)

(712) 644-2333
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$31,028,767J 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 133 133 133
4 Dividends and interest from securities... 380,499 380,499 380,499
5a Gross rents............ 200,760 200,760 200,760
b Net rental income or (loss) 173,380
6a Net gain or (loss) from sale of assets not on line 10 1,778,294
b Gross sales price for all assets on line 6a 5,355,040
7 Capital gain net income (from Part IV, line 2)... 1,778,294
8 Net short-term capital gain......... 60,397
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 156,693    
12 Total. Add lines 1 through 11........ 2,516,379 2,359,686 641,789
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)...        
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 27,380 27,380    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 27,380 27,380   0
25 Contributions, gifts, grants paid....... 1,423,212 1,423,212
26 Total expenses and disbursements. Add lines 24 and 25 1,450,592 27,380   1,423,212
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,065,787
b Net investment income (if negative, enter -0-) 2,332,306
c Adjusted net income (if negative, enter -0-)... 641,789
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.............      
2 Savings and temporary cash investments......... 624,411 1,845,586 1,845,586
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 22,598,134 23,215,831 23,215,831
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet5,967,350
Less: accumulated depreciation (attach schedule) bullet   5,189,000 Click to see attachment5,967,350 5,967,350
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 28,411,545 31,028,767 31,028,767
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 28,411,545 31,028,767
29 Total net assets or fund balances (see instructions)..... 28,411,545 31,028,767
30 Total liabilities and net assets/fund balances (see instructions). 28,411,545 31,028,767
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
28,411,545
2
Enter amount from Part I, line 27a .....................
2
1,065,787
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
1,551,435
4
Add lines 1, 2, and 3 ..........................
4
31,028,767
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
31,028,767
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 SECURITY NATIONAL BANK P 2019-10-01 2021-11-01
b BAIRD SOUTH P 2021-01-01 2021-10-01
c BAIRD SOUTH P 2019-01-01 2021-10-01
d BAIRD NORTH P 2021-01-01 2021-11-01
e BAIRD NORTH P 2019-01-01 2021-11-01
(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 970,951   701,264 269,687
b 639,088   601,277 37,811
c 2,374,645   1,303,382 1,071,263
d 186,206   163,620 22,586
e 1,184,150   807,203 376,947
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       269,687
b       37,811
c       1,071,263
d       22,586
e       376,947
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,778,294
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 60,397
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 32,419
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 32,419
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 21,619
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 21,619
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 319
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 11,119
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  
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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
No
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)
    bullet
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletJEAN KOENIG Telephone no.bullet (712) 644-2333

    Located atbullet3210 260THLOGANIA ZIP+4bullet51546
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
    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
    KAROL KING Director
    0.00     		0    
    1568 170TH TRAIL
    MONDAMIN,IA515574040
    NANCY WHITE Vice President
    0.00     		0    
    1425 E 15TH
    CRETE,NE68333
    JEAN KOENIG President
    3.00     		0    
    3210 260TH
    LOGAN,IA51546
    RICK POWELL Secretary
    0.00     		0    
    2557 194TH
    LOGAN,IA51546
    CODY CARRITT Director
    0.00     		0    
    2904 PRESTON PLACE
    LOGAN,IA51546
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    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
    21,623,205
    b
    Average of monthly cash balances.......................
    1b
    709,571
    c
    Fair market value of all other assets (see instructions)................
    1c
    5,189,000
    d
    Total (add lines 1a, b, and c).........................
    1d
    27,521,776
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
    27,521,776
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    412,827
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    27,108,949
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    1,355,447
    Part X
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part IX, line 6..................
    1
    1,355,447
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    32,419
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    32,419
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,323,028
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,323,028
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    1,323,028
    Part XI
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 1,323,028
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 24,566
    b From 2017...... 123,674
    c From 2018...... 66,608
    d From 2019...... 26,495
    e From 2020...... 26,226
    f Total of lines 3a through e ........ 20,221
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 1,423,212
    a Applied to 2020, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2021 distributable amount..... 1,323,028
    e Remaining amount distributed out of corpus 100,184
    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 5 120,405
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		24,566
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		95,839
    10 Analysis of line 9:
    a Excess from 2017.... 123,674
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021.... 95,839
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    DEAN J KING FAMILY FOUNDATION
    3210 260TH STREET
    LOGAN,IA51546
    (712) 644-2333
    bThe form in which applications should be submitted and information and materials they should include:
    ANY FORMAT WITH ALL INFO NEEDED FOR INFORMED DECISIONS RE THE REQUEST
    cAny submission deadlines:
    NONE, HOWEVER THE DECISIONS MAY TAKE CONSIDERABLE TIME
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    EDUCATIONAL, CHARITABLE OR RELIGIOUS PURPOSES IN THE HARRISON COUNTY, IA AREA
    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
    MONDAMIN PUBLIC LIBRARY
    201 MAPLE ST
    MONDAMIN,IA51554     		NONE NONE GRANT - LIBRARY 8,100
    CITY OF MONDAMIN
    98 MAPLE
    MONDAMIN,IA51557     		NONE GOV COMMUNITY CENTER 16,010
    LOGAN MAGNOLIA SCHOOL
    1200 N 2ND ST
    LOGAN,IA51546     		NONE NONE LOGAN ELEMENTARY MUSIC 8,825
    WEST HARRISON SCHOOL
    410 PINE STREET
    MONDAMIN,IA51554     		NONE PC SCHOLARSHIP 15,000
    HARRISON COUNTY BOARD OF SUPERVISOR
    COURTHOUSE
    LOGAN,IA51546     		NONE GOV HARRISON COUNTY HISTORICAL SOCIETY 41,420
    HARRISON COUNTY BOARD OF SUPERVISOR
    COURTHOUSE
    LOGAN,IA51546     		NONE GOV HARRISON COUNTY LANDFILL COMMISSION WASTEHANDLING EQUIPMENT 51,080
    HARRISON COUNTY FAIR
    FAIR GROUNDS
    MISSOURI VALLEY,IA51555     		NONE PC TALENT CONTEST 1,000
    CITY OF LOGAN
    108 W 4TH ST
    LOGAN,IA51546     		NONE GOV UTV TRASH RECEPTACLES, UMBRELLA 19,500
    CITY OF LOGAN
    108 W 4TH ST
    LOGAN,IA51546     		NONE GOV LOGAN POLICE DEPARTMENT 7,291
    CITY OF LOGAN
    108 W 4TH ST
    LOGAN,IA51546     		NONE GOV LOGAN PUBLIC LIBRARY 1,228
    CITY OF MISSOURI VALLEY
    223 E ERIE ST
    MISSOURI VALLEY,IA51555     		NONE GOV MO VALLEY LIBRARY 4,094
    CITY OF MONDAMIN
    98 MAPLE
    MONDAMIN,IA51557     		NONE GOV JESSE STRONG 4,850
    CITY OF MONDAMIN
    98 MAPLE
    MONDAMIN,IA51557     		NONE GOV MONDAMIN FIRE AND RESCUE 43,219
    WOODBINE FIRE RESCUE ASSOC
    517 WALKER
    WOODBINE,IA51579     		NONE PC 5 RESCUE AIR BAGS 21,193
    MISSOURI VALLEY COMMUNITY SCHOOL
    605 E LINCOLN HWY
    MISSOURI VALLEY,IA51555     		NONE NC ELEMENTARY STEAM CENTER 37,000
    MISSOURI VALLEY COMMUNITY SCHOOL
    605 E LINCOLN HWY
    MISSOURI VALLEY,IA51555     		NONE NC MISSOURI VALLEY ELEMENTARY MUSIC 4,195
    MISSOURI VALLEY COMMUNITY SCHOOL
    605 E LINCOLN HWY
    MISSOURI VALLEY,IA51555     		NONE NC WELDING BAY 35,000
    WEST HARRISON COMMUNITY SCHOOL
    WEST HARRISON SCHOOL
    MONDAMIN,IA51557     		NONE NC BAND MARIMBA 15,000
    WEST HARRISON COMMUNITY SCHOOL
    WEST HARRISON SCHOOL
    MONDAMIN,IA51557     		NONE NC PLAYGROUND 66,847
    WEST HARRISON COMMUNITY SCHOOL
    WEST HARRISON SCHOOL
    MONDAMIN,IA51557     		NONE NC PRESCHOOL PLAYGROUND 29,890
    WEST HARRISON COMMUNITY SCHOOL
    WEST HARRISON SCHOOL
    MONDAMIN,IA51557     		NONE NC FITNESS EQUIPMENT 24,017
    WEST HARRISON COMMUNITY SCHOOL
    WEST HARRISON SCHOOL
    MONDAMIN,IA51557     		NONE NC STAGE IMPROVEMENT CURTAIN & RIGGING 35,000
    WEST HARRISON TEAMMATES
    410 PINE STREET
    MONDAMIN,IA51557     		NONE NC ACTIVITIES & SUPPLIES 1,500
    CITY OF LITTLE SIOUX
    407 N 1ST ST
    LITTLE SIOUX,IA51545     		NONE GOV LITTLE SIOUX FIRE DEPARTMENT 49,960
    LOGAN MAGNOLIA COMMUNITY SCHOOL
    1200 N 2ND ST
    LOGAN,IA51546     		NONE NC PANTHER STRENGTH WEIGHT ROOM 35,000
    LOGAN MAGNOLIA COMMUNITY SCHOOL
    1200 N 2ND ST
    LOGAN,IA51546     		NONE NC WIRELESS MICROPHONES FOR AUDITORIUM 20,200
    LOGAN MAGNOLIA COMMUNITY SCHOOL
    1200 N 2ND ST
    LOGAN,IA51546     		NONE NC HIGH SCHOOL BAND INSTRUMENTS 17,100
    LOGAN MAGNOLIA COMMUNITY SCHOOL
    1200 N 2ND ST
    LOGAN,IA51546     		NONE NC SCOREBOARD UPGRADES 48,000
    LOMA YOUTH FOOTBALL ASSOCIATION
    3250 270TH STREET
    LOGAN,IA51546     		NONE NC LOMA YOUTH BASEBALL ENCLOSED TRAILER 7,400
    MO VALLEY COMMUNITY SCHOOL DISTRICT
    602 N 9TH STREET
    MISSOURI VALLEY,IA51555     		NONE NC OFFICE WINDOW COVERINGS 1,114
    CITY OF WOODBINE
    517 WALKER STREET
    WOODBINE,IA51579     		NONE GOV LIBRARY UPDATE 4,280
    WOODBINE SADDLE CLUB
    PO BOX 114
    WOODBINE,IA51579     		NONE NC CLUB BUILDING 1,335
    HARRISON COUNTY FAIR
    2991 MELROSE LANE
    MISSOURI VALLEY,IA51555     		NONE PC HORSE ARENA BLEACHER 50,000
    IMMANUEL LUTHERAN CHURCH
    311 6TH STREET
    LOGAN,IA51546     		NONE NC TABLES AND CHAIRS 5,611
    FRIENDS OF LOESS HILLS STATE FOREST
    206 POLK STREET PO BOX 158
    PISGAH,IA51564     		NONE GOV SEED STRIPPER 19,015
    LOGAN MAGNOLIA CSD
    1200 NORTH SECOND AVENUE
    LOGAN,IA51546     		NONE NC SCHOOL LIBRARY 19,992
    CITY OF DUNLAP
    716 IOWA AVENUE
    DUNLAP,IA51529     		NONE GOV PLEASANT VIEW PARK PLAYGROUND 53,430
    CITY OF DUNLAP
    716 IOWA AVENUE
    DUNLAP,IA51529     		NONE GOV DUNLAP LIBRARY 6,650
    CITY OF MODALE
    310 EAST PALMER
    MODALE,IA51556     		NONE GOV MODALE FIRE DEPARTMENT 55,000
    CITY OF MONDAMIN
    120 SOUTH MAIN
    MONDAMIN,IA51557     		NONE GOV CITY PARK PROJECT 29,523
    LOGAN-MAGNOLIA COMMUNITY SCHOOL
    1200 N 2ND AVE
    LOGAN,IA51546     		NONE NC ART KILN 2,993
    LOGAN-MAGNOLIA COMMUNITY SCHOOL
    1200 N 2ND AVENUE
    LOGAN,IA51546     		NONE NC ELEMENTARY DOCUMENT CAMERA 7,896
    LOGAN-MAGNOLIA COMMUNITY SCHOOL
    1200 N 2ND AVE
    LOGAN,IA51546     		NONE NC 5TH & 6TH SCIENCE CLASSROOM 4,960
    LOGAN-MAGNOLIA COMMUNITY SCHOOL
    1200 N 2ND AVENUE
    LOGAN,IA51546     		NONE NC ELEMENTARY READING 12,000
    MISSOURI VALLEY CSD
    605 LINCOLN HIGHWAY
    MISSOURI VALLEY,IA51555     		NONE NC EARLY CHILDHOOD PLAYGROUND 30,000
    MISSOURI VALLEY CSD
    602 N 9TH STREET
    MISSOURI VALLEY,IA51555     		NONE NC PLANT HYDROPONICS AG ED 4,900
    MISSOURI VALLEY CSD
    602 N 9TH STREET
    MISSOURI VALLEY,IA51555     		NONE NC MISSOURI VALLEY HIGH SCHOOL WRESTLING 15,000
    WEST HARRISON COMMUNITY SCHOOL
    410 PINE STREET
    MONDAMIN,IA51557     		NONE NC BUS BARN BUILDING STEEL 13,500
    MARIE HANIGAN - U OF SOUTH DAKOTA
    414 East Clark Street
    Vermillion,SD57069     		NONE I SCHOLARSHIP 5,000
    TREVOR GUYETT - WAYNE STATE COLLEGE
    1111 Main Street
    Wayne,NE68787     		NONE I SCHOLARSHIP 5,000
    ROSS GARNER - IOWA WESTERN COMMUNIT
    2700 College Rd
    COUNCIL BLUFFS,IA51503     		NONE I SCHOLARSHIP 5,000
    SHAWN SULLIVAN - CREIGHTON UNIVERSI
    2500 CALIFORNIA PLAZA
    OMAHA,NE68178     		NONE I SCHOLARSHIP 5,000
    EVAN GUTZMER - NORTHWESTERN COLLEGE
    FINANCIAL AID OFFICE
    ORANGE CITY,IA51041     		NONE I SCHOLARSHIP 5,000
    TAYLOR KLEIN - U OF SOUTH DAKOTA
    414 East Clark Street
    VERMILLION,SD57069     		NONE I SCHOLARSHIP 5,000
    ALYVIA MEEKER - NEBRASKA METHODIST
    720 N 87TH
    OMAHA,NE68114     		NONE I SCHOLARSHIP 5,000
    TYLER MELBY - NORTHEAST CC
    801 E Benjamin Ave
    NORFOLK,NE68701     		NONE I SCHOLARSHIP 5,000
    LEALA VAZQUEZ-PRYOR - U OF IOWA
    17 CLAVIN HALL
    IOWA CITY,IA52242     		NONE I SCHOLARSHIP 5,000
    MADISON METHER - DES MOINES AREA CC
    2006 ANKENY BLVD
    ANKENY,IA50023     		NONE I SCHOLARSHIP 5,000
    CITY OF MODALE
    310 EAST PALMER
    MODALE,IA51556     		NONE GOV MODALE PUBLIC LIBRARY PROJECT 1,800
    KYLIE NELIGH - IOWA CHORAL DIRECTOR
    209 OAK RIDGE
    MT VERNON,IA52314     		N/A   GRANT 75
    SEAN KEAN - UNI SCHOOL OF MUSIC
    MINNESOTA 27TH ST
    CEDAR FALLS,IA50614     		NONE   JAZZ CAMP 75
    MARISSA OESTMANN - OKLAHOMA PANHAND
    PO BOX 430
    GOODWELL,OK73939     		NONE I SCHOLARSHIP 5,000
    EMILY THOMPSON - WALDORF U
    106 S 6TH ST
    FOREST CITY,IA50436     		NONE I SCHOLARSHIP 5,000
    CARLIE WINCHESTER - COLLEGE OF ST M
    7000 MERCY RD
    OMAHA,NE68106     		NONE I SCHOLARSHIP 5,000
    TYLER ANDERSON - IOWA LAKES COMM CO
    300 S 18TH ST
    ESTHERVILLE,IA51334     		NONE I SCHOLARSHIP 5,000
    JORDAN BUTRICK - DES MOINES AREA CO
    2006 ANKENTY BLVD
    ANKENY,IA50023     		NONE I SCHOLARSHIP 5,000
    DAISY HARLON - UNIV OF IOWA
    17 CALVIN HALL
    IOWA CITY,IA52242     		NONE I SCHOLARSHIP 5,000
    EMME LAKE - ST LUKE'S COLLEGE
    2800 PIERCE ST
    SIOUX CITY,IA51104     		NONE I SCHOLARSHIP 5,000
    MEGAN DUNN - WAYNE STATE COLLEGE
    1100 MAIN ST
    WAYNE,NE68787     		NONE I SCHOLARSHIP 5,000
    ASHLEY CHRISTIANS - UNIV OF IOWA
    17 CALVIN HALL
    IOWA CITY,IA52242     		NONE I SCHOLARSHIP 5,000
    JACOB MARTIN - MORNINGSIDE COLLEGE
    1501 MORNINGSIDE AVE
    SIOUX CITY,IA51106     		NONE I SCHOLARSHIP 5,000
    JAICE JOHNSEN - BRIAR CLIFF UNIVERS
    3303 REBECCA ST
    SIOUX CITY,IA51104     		NONE I SCHOLARSHIP 5,000
    EMMA JIMMERSON - MORNINGSIDE COLLEG
    1501 MORNINGSIDE AVE
    SIOUX CITY,IA51106     		NONE I SCHOLARSHIP 5,000
    MORGHAN HERMAN - NORTHWEST MISSOURI
    800 UNIVERSITY DRIVE
    MARYVILLE,MO64468     		NONE I SCHOLARSHIP 5,000
    JAYDEN KRAFT - IOWA STATE UNIVERSIT
    3810 BEARSHIRE HALL
    AMES,IA50011     		NONE I SCHOLARSHIP 5,000
    CALEB LOFTUS - IOWA WESTERN COMM CO
    101 S 42ND ST
    COUNCIL BLUFFS,IA51503     		NONE I SCHOLARSHIP 5,000
    WYATT PRYOR - NORTHWESTERN COLLEGE
    101 7TH ST SW
    ORANGE CITY,IA51041     		NONE I SCHOLARSHIP 5,000
    TAYLOR SPORRER - MORNINGSIDE COLLEG
    1501 MORNINGSIDE AVE
    SIOUX CITY,IA51106     		NONE I SCHOLARSHIP 5,000
    KELSEY TREMEL - NEBRASKA WESLEYAN U
    5000 SAINT PAUL AVE
    LINCOLN,NE68504     		NONE I SCHOLARSHIP 5,000
    ALEXIA MILLER - INDIAN HILLS COMMUN
    626 INDIAN HILLS DR
    OTTUMWA,IA52501     		NONE I SCHOLARSHIP 5,000
    GILLIAN NIELSEN - U OF NORTHERN IOW
    1227 W 27TH ST
    CEDAR FALLS,IA50614     		NONE I SCHOLARSHIP 5,000
    RYAN RUSSMAN - IOWA WESTERN COMM CO
    2700 COLLEGE RD
    COUNCIL BLUFFS,IA51503     		NONE I SCHOLARSHIP 5,000
    KAEL SMITH - UNIVERSITY OF IOWA
    17 CALVIN HALL
    IOWA CITY,IA52242     		NONE I SCHOLARSHIP 5,000
    EMMA ANUNSON - NORTHWESTERN COLLEGE
    101 7TH ST SW
    ORANGE CITY,IA51041     		NONE I SCHOLARSHIP 5,000
    CLAIRE CLAUSEN - U OF NEBRASKA - OM
    6001 DODGE ST
    OMAHA,NE68182     		NONE I SCHOLARSHIP 5,000
    TAYLOR DUNHAM - IOWA STATE UNIVERSI
    3810 BEARSHIRE HALL
    AMES,IA50011     		NONE I SCHOLARSHIP 5,000
    GRANT GILGEN - NORTHEAST COMMUNITY
    801 EAST BENJAMIN AVE
    NORFOLK,NE68701     		NONE I SCHOLARSHIP 5,000
    JOSEF HEDGER - SOUTHWESTERN COMM CO
    1501 W TOWNLINE ST
    CRESTON,IA50801     		NONE I SCHOLARSHIP 5,000
    KINSEY D CRISPIN - IOWA STATE UNIVE
    3810 BEARSHIRE HALL
    AMES,IA50011     		NONE I SCHOLARSHIP 5,000
    AUSTIN GRANT - UNIVERSITY OF DENVER
    2199 S University Blvd
    DENVER,CO80208     		NONE I SCHOLARSHIP 5,000
    ALEC FICHTER - HASTINGS COLLEGE
    710 N TURNER AVE
    HASTINGS,NE68901     		NONE I SCHOLARSHIP 5,000
    HALEIGH RIFE - SOUTH DAKOTA STATE U
    1451 STADIUM RD
    BROOKINGS,SD57007     		NONE I SCHOLARSHIP 5,000
    BRYLEE SHERER - MIDLAND UNVERSITY
    900 N CLARKSON ST
    FREMONT,NE68025     		NONE I SCHOLARSHIP 5,000
    KELLY SNYDER - UNIVERSITY OF NEBRAS
    6001 DODGE ST
    OMAHA,NE68182     		NONE I SCHOLARSHIP 5,000
    GRACIE STOOPS - U OF NEBRASKA LINCO
    1400 R ST
    LINCOLN,NE68588     		NONE I SCHOLARSHIP 5,000
    KATIE GORE - U OF NEBRASKA LINCOLN
    1400 R ST
    LINCOLN,NE68588     		NONE I SCHOLARSHIP 5,000
    MADELYN LAGER - IOWA STATE UNVERSIT
    3810 BEARSHIRE HALL
    AMES,IA50011     		NONE I SCHOLARSHIP 5,000
    CHRISTIAN CHURCH
    205 E 8TH ST
    LOGAN,IA51546     		NONE NONE KINGDOM KIDS PROGRAM 2,793
    HARRISON COUNTY HUMANE SOCIETY
    106 N 5th Ave
    LOGAN,IA51546     		NONE PC GROUND POLE & WASH/DRYERS, GROOMING TUB 15,500
    DUNLAP HISTORICAL SOCIETY
    108 IOWA AVE
    DUNLAP,IA51439     		NONE NONE FRONT PORCH ROOF 2,745
    MISSOURI VALLEY HOUSING CORPORATION
    100 N 6TH
    MISSOURI VALLEY,IA51555     		NONE NONE KOVAR COURT 8,800
    PERSIA BALL ASSOCIATION
    GENERAL DELIVERY
    PERSIA,IA51563     		NONE NC GRANDSTAND FIX FENCE, WIRING & PAINT 18,040
    HARRISON COUNTY GENEALOGICAL SOCIET
    212 LINCOLNWAY
    WOODBINE,IA51579     		NONE NC APPLE SPRAYER BUILDING 5,160
    WOODBINE AREA YOUTH SPORTS
    1006 C STREET
    WOODBINE,IA51579     		NONE NC WOODBINE SWIM CLUB 27,500
    LOGAN MAGNOLIA CSD
    1200 N 2ND
    LOGAN,IA51546     		NONE NONE PRESCHOOL PLAYGROUND PROJECT 11,989
    TRIVIUM LIFE SERVICES
    601 E Ontario
    MISSOURI VALLEY,IA51555     		NONE NC 2 SETS AUTOMATIC EXTERIOR DOORS 5,170
    LOGAN VOLUNTEER FIRE RESCUE
    112 N 3rd Ave
    LOGAN,IA51546     		NONE NC BRUSH FIRE GEAR, SKID MOUNTED PUMP 12,400
    HARRISON CO FIRE AND RESCUE ASSOCIA
    111 S 1ST AVE
    LOGAN,IA51546     		NONE NC 3 SUITCASE REPEATERS 55,901
    CITY OF MODALE
    310 E PALMER
    MODALE,IA51556     		NONE GOV SLIDE, SWINGS, SIGNS, GRAVE & TABLES 14,146
    NICKOLAS RIFE - DES MOINES AREA COM
    2006 S ANKENY BLVD
    ANKENY,IA50023     		NONE I SCHOLARSHIP 5,000
    Total .................................bullet 3a 1,423,212
    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 ...........     		        133
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property..... 111000 173,380      
    6 Net rental income or (loss) from personal property          
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		        1,778,294
    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) .. 173,380   2,315,619
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,488,999
    (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.)
    3 & 4 INVESTMENT INCOME IS VITAL FOR THE CONTINUING ABILITY OF THE FOUNDATION TO MEET ITS CHARITABLE AND EDUCATIONAL GOALS
    8 CAPITAL GAIN INCOME IS VITAL FOR THE CONTINUING ABILITY OF THE FOUNDATION TO MEET ITS CHARITABLE AND EDUCATIONAL GOALS.
    11a CONTRIBUTIONS RECEIVED ARE VITAL FOR THE CONTINUING ABILITY OF THE FOUNDATION TO MEETS ITS CHARITABLE AND EDUCATIONAL GOALS.
    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: 21013475
    Software Version: 2021v4.0


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 InvestmentsLandSchedule2
    Name:
    DEAN J KING FAMILY FOUNDATION
    EIN:
    42-1480536
    Software ID:
    21013475
    Software Version:
    2021v4.0
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Land 5,967,350   5,967,350 5,967,350

    TY 2021 OtherExpensesSchedule
    Name:
    DEAN J KING FAMILY FOUNDATION
    EIN:
    42-1480536
    Software ID:
    21013475
    Software Version:
    2021v4.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Rental Expenses 27,380 27,380    


    TY 2021 OtherIncomeSchedule2
    Name:
    DEAN J KING FAMILY FOUNDATION
    EIN:
    42-1480536
    Software ID:
    21013475
    Software Version:
    2021v4.0
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Other Investment Income 156,693    


    TY 2021 OtherIncreasesSchedule
    Name:
    DEAN J KING FAMILY FOUNDATION
    EIN:
    42-1480536
    Software ID:
    21013475
    Software Version:
    2021v4.0
    Description Amount
    INVESTMENT ADJUSTMENT 1,551,435