TY 2021 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

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

OMB No. 1545-0047

2021

Open to Public Inspection

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

Name of foundation
THE MILTON AND LEONORE SCHMUHL SCHOLARSHIP FU

Number and street (or P.O. box number if mail is not delivered to street address)6325 S RAINBOW BLVD STE 300
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
LAS VEGAS, NV89118

A Employer identification number

20-1291627

B Telephone number (see instructions)

(888) 730-4933

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

$3,019,397J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

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


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	97,052		97,052
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		69,216
b	Gross sales price for all assets on line 6a 757,853
7	Capital gain net income (from Part IV, line 2)...			69,216
8	Net short-term capital gain.........				0
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	166,268		166,268
13	Compensation of officers, directors, trustees, etc.	42,688		32,016		10,672
14	Other employee salaries and wages......			0	0	0
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........					0
b	Accounting fees (attach schedule).......		999	0	0	999
c	Other professional fees (attach schedule)....		8,050			8,050
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		3,389	1,481		0
19	Depreciation (attach schedule) and depletion...		0	0
20	Occupancy..............
21	Travel, conferences, and meetings.......			0	0
22	Printing and publications..........			0	0
23	Other expenses (attach schedule).......		16	16
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	55,142		33,513	0	19,721
25	Contributions, gifts, grants paid.......	115,000				115,000
26	Total expenses and disbursements. Add lines 24 and 25	170,142		33,513	0	134,721
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-3,874
b	Net investment income (if negative, enter -0-)			132,755
c	Adjusted net income (if negative, enter -0-)...				0

For Paperwork Reduction Act Notice, see instructions.

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

Form 990-PF (2021)

Page 2

Part II		Balance Sheets	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.............	66	86	86
	2	Savings and temporary cash investments.........	141,434	192,035	192,035
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	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 0
	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).......	390,609	527,680	879,783
	c	Investments—corporate bonds (attach schedule).......	707,630	692,068	645,462
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	1,536,381	1,363,259	1,302,031
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	2,776,120	2,775,128	3,019,397
	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........	2,776,120	2,775,128
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds
	29	Total net assets or fund balances (see instructions).....	2,776,120	2,775,128
	30	Total liabilities and net assets/fund balances (see instructions).	2,776,120	2,775,128

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

2,776,120

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

-3,874

Other increases not included in line 2 (itemize) bullet

3,450

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

2,775,696

Decreases not included in line 2 (itemize) bullet

568

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

2,775,128

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	8. ELI LILLY & CO COM		2016-10-25	2021-07-06
b	9. UNITEDHEALTH GROUP INC		2009-04-30	2021-07-06
c	1171.064 EV GL MACR ABS RTRN ADV-R6 #1072			2021-07-26
d	8418.571 EV GL MACR ABS RTRN ADV-R6 #1072			2021-07-26
e	3939. INVESCO OPTIMUM YIELD DIVERSIF ETF		2020-04-09	2021-07-26
	287. ISHARES RUSSELL 2000 ETF		2021-02-23	2021-07-26
	17624.655 PRINCIPAL HIGH YIELD-R6 #4264			2021-07-26
	209. VANGUARD MIDCAP VIPER		2020-02-14	2021-07-26
	35. VANGUARD MIDCAP VIPER		2020-12-09	2021-07-26
	16. BLACKSTONE INC		2020-05-28	2021-08-30
	43. CISCO SYSTEMS INC		2020-04-13	2021-08-30
	14. GARMIN LTD		2020-05-29	2021-08-30
	16. AMGEN INC			2021-10-12
	26. AMGEN INC		2020-09-14	2021-10-12
	17. ISHARES RUSSELL 2000 ETF		2021-02-23	2021-10-19
	1976. ISHARES CORE MSCI EMERGING ETF			2021-10-19
	7490.22 PIMCO HIGH YIELD FD-INST #108		2021-07-27	2021-10-19
	60. VANGUARD MIDCAP VIPER		2020-02-14	2021-10-19
	8. BLACKSTONE INC		2020-05-28	2021-10-21
	24. BLACKSTONE INC		2021-10-19	2021-10-21
	8. DIAGEO PLC - ADR		2021-10-19	2021-10-21
	463. FLEXTRONICS INTL LTD			2021-11-19
	132. ISHARES RUSSELL 2000 ETF		2021-02-23	2021-12-13
	2. BLACKROCK INC		2021-10-19	2021-12-17
	25. BLACKSTONE INC		2020-05-28	2021-12-17
	14. MICROSOFT CORP		2021-10-19	2021-12-17
	1. NIKE INC CL B		2017-10-23	2021-12-17
	14. NIKE INC CL B		2021-10-19	2021-12-17
	57. INTERPUBLIC GROUP COS INC		2021-10-19	2022-02-10
	67. INTERPUBLIC GROUP COS INC		2020-11-02	2022-02-10
	17. ABBVIE INC			2022-02-18
	15000. AT&T INC 4.450% 4/01/24			2022-05-11
	11. CELANESE CORP		2021-10-19	2022-06-24
	100. HAIN CELESTIAL GROUP INC			2022-06-24
	11. ELI LILLY & CO COM		2021-10-19	2022-06-24
	8. UNITEDHEALTH GROUP INC		2021-10-19	2022-06-24
	15. EATON CORP PLC		2021-12-17	2022-06-24
	22. MEDTRONIC PLC		2019-07-19	2022-06-24
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	1,874	626	1,248
b	3,671	218	3,453
c	12,402	12,460	-58
d	89,153	89,423	-270
e	78,948	47,897	31,051
	63,334	62,555	779
	129,365	119,685	9,680
	49,947	38,811	11,136
	8,364	7,165	1,199
	2,005	912	1,093
	2,538	1,769	769
	2,494	1,269	1,225
	3,219	3,812	-593
	5,230	6,398	-1,168
	3,834	3,705	129
	126,614	129,137	-2,523
	67,637	68,161	-524
	14,956	11,142	3,814
	1,058	456	602
	3,174	2,996	178
	1,594	1,595	-1
	8,210	4,131	4,079
	28,764	28,771	-7
	1,842	1,799	43
	3,082	1,426	1,656
	4,529	4,317	212
	162	53	109
	2,273	2,236	37
	2,033	2,189	-156
	2,390	1,266	1,124
	2,443	1,957	486
	15,392	15,562	-170
	1,345	1,814	-469
	2,303	2,140	163
	3,538	2,639	899
	3,952	3,415	537
	1,943	2,495	-552
	1,958	2,235	-277
			283
			283
			283
			283
			283
			283
			283
			283
			283
			283
			283
			283
			283
			283
			283
			283
			283
			283
			283
			283
			283
			283
			283
			283
			283
			283
			283
			283
			283
			283
			283
			283
			283
			283
			283
			283
			283
			283

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			1,248
b			3,453
c			-58
d			-270
e			31,051
			779
			9,680
			11,136
			1,199
			1,093
			769
			1,225
			-593
			-1,168
			129
			-2,523
			-524
			3,814
			602
			178
			-1
			4,079
			-7
			43
			1,656
			212
			109
			37
			-156
			1,124
			486
			-170
			-469
			163
			899
			537
			-552
			-277

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	69,216
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	0
3	Add lines 1 and 2...........................	3	1,845
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	1,845
6	Credits/Payments:

a	2021 estimated tax payments and 2020 overpayment credited to 2021	6a	2,608
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	2,608
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	763
11	Enter the amount of line 10 to be: Credited to 2022 estimated tax763	Refunded	11	0

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

N/A

The books are in care of bullet

WELLS FARGO BANK NA Telephone no. bullet

(888) 730-4933

Located at bullet

100 N MAIN ST MAC D4001-117WINSTON SALEMNC ZIP+4 bullet

27101

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-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
WELLS FARGO BANK N A	TRUSTEE 1	42,688
100 N MAIN ST MAC D4001-117 WINSTON SALEM,NC27101	TRUSTEE 1	42,688

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...................				0

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)

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

3,258,240

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

140,560

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

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

3,398,800

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

3,398,800

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

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

50,982

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

3,347,818

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

167,391

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

167,391

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

1,845

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

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

1,845

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

165,546

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

3,450

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

168,996

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

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

168,996

Part XI

Qualifying Distributions (see instructions)

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

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

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

Form 990-PF (2021)

Page 9

Part XII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2020	(c) 2020	(d) 2021
1 Distributable amount for 2021 from Part X, line 7					168,996
2 Undistributed income, if any, as of the end of 2021:
a Enter amount for 2020 only.......				74,053
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2021:
a From 2016......	0
b From 2017......	0
c From 2018......	0
d From 2019......	0
e From 2020......	0
f Total of lines 3a through e ........		0
4Qualifying distributions for 2021 from Part
XI, line 4: $ 134,721
a Applied to 2020, but not more than line 2a				74,053
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2021 distributable amount.....					60,668
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2021.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		0
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2019. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2021. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2022 ..........					108,328
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2016 not applied on line 5 or line 7 (see instructions) ...		0
9 Excess distributions carryover to 2022. Subtract lines 7 and 8 from line 6a ......		0
10 Analysis of line 9:
a Excess from 2017....	0
b Excess from 2018....	0
c Excess from 2019....	0
d Excess from 2020....	0
e Excess from 2021....	0

Form 990-PF (2021)

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:

Waupun School District of Waupun
950 Wilcox St
Waupun,WI53963
(920) 324-9341
www.csascholars.org

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

ONLINE OR APPLICATION AT SCHOOL

cAny submission deadlines:

APRIL 1ST

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

SEE ATTACHED

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
SEE ATTACHED SCHOLARSHIP RECIPIENTS LIST 100N MAIN ST MAC D4001-117 WINSTON SALEM,NC27101	NONE	I	SCHOLARSHIP	115,000
Total ................................. 3a				115,000

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	69,216
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) ..				166,268

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

166,268

(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:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2021 AccountingFeesSchedule

Name:

THE MILTON AND LEONORE SCHMUHL SCHOLARSHIP FU

EIN:

20-1291627

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC	999			999

- TIN:

TY 2021 InvestmentsCorpBondsSchedule

Name:

THE MILTON AND LEONORE SCHMUHL SCHOLARSHIP FU

EIN:

20-1291627

Name of Bond	End of Year Book Value	End of Year Fair Market Value
06051GGA1 BANK OF AMERICA CORP	15,672	14,099
61746BEF9 MORGAN STANLEY	16,957	14,528
29444UBL9 EQUINIX INC	15,111	12,617
25389JAR7 DIGITAL REALTY TRUST	15,816	14,289
256677AC9 DOLLAR GENERAL CORP	15,508	14,926
20030NCT6 COMCAST CORP	17,949	14,958
9128286T2 US TREASURY NOTE 2.3	31,679	28,740
548661DY0 LOWE'S COS INC	14,516	12,028
9128286A3 US TREASURY NOTE	10,135	9,855
06367WMQ3 BANK OF MONTREAL	15,054	14,633
254687FL5 WALT DISNEY COMPANY/	24,282	21,484
693475AZ8 PNC FINANCIAL SERVIC	16,231	13,046
9128284F4 US TREASURY NOTE	10,037	9,898
46625HRV4 JPMORGAN CHASE & CO	20,535	19,031
38148LAE6 GOLDMAN SACHS GROUP	20,887	19,760
606822BA1 MITSUBISHI UFJ FIN	25,862	24,977
961214DW0 WESTPAC BANKING CORP	14,865	14,364
3135G04Z3 FED NATL MTG ASSN	14,978	13,914
912828U24 US TREASURY NOTE 2.0	19,030	19,122
172967LQ2 CITIGROUP INC	19,873	20,016
912828M56 US TREASURY NOTE	19,970	19,480
867914BS1 SUNTRUST BANKS INC	15,543	15,026
912828XQ8 US TREASURY NOTE	35,071	35,025
166764BW9 CHEVRON CORP	20,611	18,964
14040HBN4 CAPITAL ONE FINANCIA	15,766	14,358
42824CBJ7 HP ENTERPRISE CO	15,328	14,396
59156RBH0 METLIFE INC 3.600% 4	26,091	24,995
9128285M8 US TREASURY NOTE	21,561	20,041
912828WJ5 US TREASURY NOTE 2.5	10,044	9,910
9128283W8 US TREASURY NOTE	9,823	9,825
110122DP0 BRISTOL-MYERS SQUIBB	14,855	13,191
78016EZM2 ROYAL BANK OF CANADA	19,926	17,905
00287YAQ2 ABBVIE INC	16,535	14,756
912828N30 US TREASURY NOTE 2.1	15,057	14,968
9128286X3 US TREASURY NOTE	35,924	33,813
126650DM9 CVS HEALTH CORP	14,848	12,925
86562MAQ3 SUMITOMO MITSUI FINL	14,650	15,001
036752AB9 ANTHEM INC	15,488	14,598
00206RDC3 AT&T INC

- TIN:

TY 2021 InvestmentsCorpStockSchedule

Name:

THE MILTON AND LEONORE SCHMUHL SCHOLARSHIP FU

EIN:

20-1291627

Name of Stock	End of Year Book Value	End of Year Fair Market Value
654106103 NIKE INC CL B	5,743	11,038
46625H100 JPMORGAN CHASE & CO	14,549	24,887
11135F101 BROADCOM INC	12,587	19,918
594918104 MICROSOFT CORP	11,960	67,546
285512109 ELECTRONIC ARTS INC	12,160	14,598
883556102 THERMO FISHER SCIENT	2,644	14,125
192446102 COGNIZANT TECH SOLUT	12,232	13,431
911312106 UNITED PARCEL SERVIC	7,941	18,071
31620M106 FIDELITY NATL INFORM	22,123	17,692
609207105 MONDELEZ INTERNATION	11,805	16,392
09260D107 BLACKSTONE INC	7,842	12,863
02079K107 ALPHABET INC CL C	18,156	54,686
17275R102 CISCO SYSTEMS INC	7,339	15,137
58933Y105 MERCK & CO INC NEW	14,072	20,878
G5960L103 MEDTRONIC PLC	7,279	6,731
09857L108 BOOKING HOLDINGS INC	13,076	12,243
172967424 CITIGROUP INC.	20,214	18,488
097023105 BOEING CO	9,848	10,117
94106L109 WASTE MANAGEMENT INC	16,742	21,570
891160509 TORONTO DOMINION BK	15,619	18,887
871829107 SYSCO CORP	10,111	15,925
00287Y109 ABBVIE INC	13,592	19,298
031162100 AMGEN INC
G29183103 EATON CORP PLC	17,126	17,135
87612E106 TARGET CORP	5,462	10,592
25243Q205 DIAGEO PLC - ADR	7,594	16,367
867224107 SUNCOR ENERGY INC NE	15,453	23,111
460690100 INTERPUBLIC GROUP CO	6,822	9,938
904767704 UNILEVER PLC - ADR	9,238	7,791
254687106 WALT DISNEY CO	6,941	12,178
H84989104 TE CONNECTIVITY LTD	10,928	12,220
126650100 CVS HEALTH CORPORATI	6,884	16,864
92826C839 VISA INC-CLASS A SHR	14,171	15,751
56501R106 MANULIFE FINANCIAL C	19,095	21,559
512807108 LAM RESEARCH CORP CO	3,893	10,654
907818108 UNION PACIFIC CORP	4,121	15,143
Y2573F102 FLEX LTD
89151E109 TOTALENERGIES SE -SP	17,022	18,898
75513E101 RAYTHEON TECHNOLOGIE	17,086	22,394
418056107 HASBRO INC	16,282	13,920
150870103 CELANESE CORP	9,052	15,289
30303M102 META PLATFORMS INC	10,090	6,128
037833100 APPLE INC	10,496	67,540
405217100 HAIN CELESTIAL GROUP	1,937	2,564
91324P102 UNITEDHEALTH GROUP I	1,504	31,845
532457108 ELI LILLY & CO COM	6,533	23,669
H2906T109 GARMIN LTD	12,435	11,594
09247X101 BLACKROCK INC	10,062	17,053
517834107 LAS VEGAS SANDS CORP	16,144	11,521
7591EP100 REGIONS FINL CORP NE	3,675	3,544

- TIN:

TY 2021 InvestmentsOtherSchedule2

Name:

THE MILTON AND LEONORE SCHMUHL SCHOLARSHIP FU

EIN:

20-1291627

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
31641Q755 FIDELITY NEW MRKTS I	AT COST	70,347	54,261
17275R102 CISCO SYSTEMS INC
285512109 ELECTRONIC ARTS INC
405217100 HAIN CELESTIAL GROUP
9128286A3 US TREASURY NOTE
912828XQ8 US TREASURY NOTE
150870103 CELANESE CORP
86562MAQ3 SUMITOMO MITSUI FINL
404280AN9 HSBC HOLDING PLC 4.0
883556102 THERMO FISHER SCIENT
907818108 UNION PACIFIC CORP
172967LQ2 CITIGROUP INC
59156RBH0 METLIFE INC 3.600% 4
9128283W8 US TREASURY NOTE
38148LAE6 GOLDMAN SACHS GROUP
02079K107 ALPHABET INC CL C
66989HAJ7 NOVARTIS CAPITAL COR
H84989104 TE CONNECTIVITY LTD
172967424 CITIGROUP INC.
00206R102 AT & T INC
464287655 ISHARES RUSSELL 2000	AT COST	131,249	133,117
912828F21 US TREASURY NOTE 2.1
58933Y105 MERCK & CO INC NEW
254687106 WALT DISNEY CO
594918104 MICROSOFT CORP
277923264 EATON VANCE GLOB MAC
848574109 SPIRIT AEROSYTSEMS H
609207105 MONDELEZ INTERNATION
464288588 ISHARES MBS ETF	AT COST	69,959	61,419
911312106 UNITED PARCEL SERVIC
91324P102 UNITEDHEALTH GROUP I
961214DW0 WESTPAC BANKING CORP
606822BA1 MITSUBISHI UFJ FIN
867224107 SUNCOR ENERGY INC NE
9128284F4 US TREASURY NOTE
46625H100 JPMORGAN CHASE & CO
9128285M8 US TREASURY NOTE
87234N765 TCW EMRG MKTS INCM-I
437076BM3 HOME DEPOT INC
00206RDC3 AT&T INC
517834107 LAS VEGAS SANDS CORP
097023105 BOEING CO
126650100 CVS HEALTH CORPORATI
375558103 GILEAD SCIENCES INC
532457108 ELI LILLY & CO COM
89151E109 TOTAL S.A. - ADR
912828WJ5 US TREASURY NOTE 2.5
064159FL5 BANK OF NOVA SCOTIA
037833100 APPLE INC
654106103 NIKE INC CL B
56501R106 MANULIFE FINANCIAL C
912828N30 US TREASURY NOTE 2.1
912828U24 US TREASURY NOTE 2.0
192446102 COGNIZANT TECH SOLUT
25243Q205 DIAGEO PLC - ADR
867914BS1 SUNTRUST BANKS INC
87612E106 TARGET CORP
09247X101 BLACKROCK INC
037833AK6 APPLE INC 2.400% 5/0
05567LT31 BNP PARIBAS 5.000% 1
912828QN3 US TREASURY NOTE 3.1
31620M106 FIDELITY NATL INFORM
921943858 VANGUARD FTSE DEVELO
512807108 LAM RESEARCH CORP CO
036752AB9 ANTHEM INC
46090F100 INVESCO OPTIMUM YIEL
912828M56 US TREASURY NOTE
61746BEA0 MORGAN STANLEY
46434G103 ISHARES CORE MSCI EM	AT COST	203,039	185,545
12572Q105 CME GROUP INC
Y2573F102 FLEX LTD
891160509 TORONTO DOMINION BK
205887BZ4 CONAGRA BRANDS INC
254687FL5 WALT DISNEY COMPANY/
11135F101 BROADCOM INC
256677AC9 DOLLAR GENERAL CORP
25389JAR7 DIGITAL REALTY TRUST
75513E101 RAYTHEON TECHNOLOGIE
94106L109 WASTE MANAGEMENT INC
922908629 VANGUARD MIDCAP VIPE	AT COST	312,397	379,167
46625HRV4 JPMORGAN CHASE & CO
904784709 UNILEVER N.V. - ADR
09857L108 BOOKING HOLDINGS INC
G5960L103 MEDTRONIC PLC
09260D107 BLACKSTONE GROUP INC
92826C839 VISA INC-CLASS A SHR
871829107 SYSCO CORP
126650CW8 CVS HEALTH CORP
06051GGA1 BANK OF AMERICA CORP
06367WMQ3 BANK OF MONTREAL
H2906T109 GARMIN LTD
9128286X3 US TREASURY NOTE
74256W626 PRINCIPAL HIGH YIELD
14040HBN4 CAPITAL ONE FINANCIA
166764BW9 CHEVRON CORP
9128286T2 US TREASURY NOTE 2.3
27830W108 EV GL MACR ABS RTRN
74440Y884 PGIM HIGH YIELD-Q 10	AT COST	240,703	199,579
872365713 TCW EMRG MRKTS INC-P	AT COST	103,733	79,684
464287804 ISHARES CORE S&P SMA	AT COST	64,860	57,849
381430107 GOLDMAN SACHS ACTIVE	AT COST	68,697	54,179
722005667 PIMCO COMMODITY REAL	AT COST	98,275	97,231

- TIN:

TY 2021 OtherDecreasesSchedule

Name:

THE MILTON AND LEONORE SCHMUHL SCHOLARSHIP FU

EIN:

20-1291627

Description	Amount
MUTUAL FUND TIMING ADJ	362
COST BASIS ADJUSTMENT	206

- TIN:

TY 2021 OtherExpensesSchedule

Name:

THE MILTON AND LEONORE SCHMUHL SCHOLARSHIP FU

EIN:

20-1291627

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT EXPENSES - ADR FEES	16	16		0

- TIN:

TY 2021 OtherIncreasesSchedule

Name:

THE MILTON AND LEONORE SCHMUHL SCHOLARSHIP FU

EIN:

20-1291627

Description	Amount
RECOVERY OF GRANTS PAID	3,450

- TIN:

TY 2021 OtherProfessionalFeesSchedule

Name:

THE MILTON AND LEONORE SCHMUHL SCHOLARSHIP FU

EIN:

20-1291627

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
GRANT ADMIN FEE	8,050			8,050

- TIN:

TY 2021 TaxesSchedule

Name:

THE MILTON AND LEONORE SCHMUHL SCHOLARSHIP FU

EIN:

20-1291627

Category	Amount	Net Investment Income
FOREIGN TAXES	1,222	1,222
FEDERAL ESTIMATES - PRINCIPAL	1,908	0
FOREIGN TAXES ON NONQUALIFIED	259	259