Form990-PF


Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
RUSSELL H & MAXINE E SMITH CHARITABLE
FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)1000 ADAMS 200
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BAY CITY, MI48708
A Employer identification number

38-2978504
B Telephone number (see instructions)

(989) 893-4438
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$2,962,254J Accounting method:
Modified Cash
(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 12,366 12,366  
4 Dividends and interest from securities... 45,030 45,030  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 137,369
b Gross sales price for all assets on line 6a 858,874
7 Capital gain net income (from Part IV, line 2)... 138,517
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 194,765 195,913  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 1,925 0   1,925
c Other professional fees (attach schedule).... Click to see attachment 19,223 19,223   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 3,476 1,036   0
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 attachment 1,430 96   1,334
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 26,054 20,355   3,259
25 Contributions, gifts, grants paid....... 159,375 159,375
26 Total expenses and disbursements. Add lines 24 and 25 185,429 20,355   162,634
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 9,336
b Net investment income (if negative, enter -0-) 175,558
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
Page 2
Part II Balance Sheets 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......... 74,192 33,570 33,570
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) 200,768 Click to see attachment250,244 250,222
b Investments—corporate stock (attach schedule)....... 1,312,105 Click to see attachment1,337,575 2,168,644
c Investments—corporate bonds (attach schedule)....... 534,003 Click to see attachment492,550 491,141
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 160 Click to see attachment160 2
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment1,250 Click to see attachment18,675 Click to see attachment18,675
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,122,478 2,132,774 2,962,254
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) Click to see attachment0 Click to see attachment960
23 Total liabilities (add lines 17 through 22)......... 0 960
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........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 2,122,478 2,131,814
29 Total net assets or fund balances (see instructions)..... 2,122,478 2,131,814
30 Total liabilities and net assets/fund balances (see instructions). 2,122,478 2,132,774
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
2,122,478
2
Enter amount from Part I, line 27a .....................
2
9,336
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
2,131,814
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
2,131,814
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 8131.55 SHS FEDERATED TOTAL RETURN SERS INC   2021-06-02 2021-12-17
b 297.67 SHS AIM INVT FDS INVESCO INVT FDS   2014-10-29 2021-10-22
c 8 SHS ALPHABET INCORPORATION   2015-04-02 2021-06-01
d 200 SHS ALTRIA GROUP INC   2017-05-31 2021-01-04
e 400 SHS ALTRIA GROUP INC   2017-05-31 2021-06-01
25000 SHS BP CAP MKTS PLC   2016-05-24 2021-07-13
100 SHS CVS HEALTH CORP   2018-12-07 2021-06-01
600 SHS CARDINAL HEALTH INC   2016-06-02 2021-06-01
50 SHS CUMMINS INC   2015-10-22 2021-10-22
50 SHS DR HORTON INC   2018-08-30 2021-06-01
628.19 SHS DELAWARE EMERGING MARKETS FUND   2017-08-29 2021-10-22
150 SHS DISNEY WALT CO   2016-03-31 2021-10-22
25000 SHS EXPRESS SCRIPTS HLDG CO   2019-04-30 2021-04-02
237.11 SHS FIDELITY SECS FD   2019-04-03 2021-01-04
319.03 SHS FIDELITY SECS FD   2017-05-19 2021-10-22
50 SHS GENUINE PARTS CO   2020-05-06 2021-06-01
400 SHS METLIFE INC   2010-12-06 2021-01-04
25000 SHS NATL AUS BANK MTN 2.625%   2019-04-30 2021-01-14
35000 SHS NATL RURAL UTIL MTN 3%   2015-04-09 2021-08-15
150 SHS PPL CORP   2017-05-01 2021-01-04
100 SHS QUALCOMM INC   2011-06-28 2021-06-01
200 SHS SPLUNK INC   2018-11-01 2021-06-01
25000 SHS STATOIL ASA   2016-11-29 2021-11-10
700 SHS SUNCOR ENERGY INC NEW   2018-12-07 2021-10-22
.36 SHS SYLVAMO CORP   2018-07-26 2021-10-15
36 SHS SYLVAMO CORP   2018-07-26 2021-10-22
50 SHS TARGET CORP   2016-05-16 2021-06-01
642.67 SHS TWEEDY BROWNE FD INC   2016-05-16 2021-10-22
50000 SHS US TREASURY N/B 2%   2015-12-04 2021-08-31
50000 SHS US T-NOTES 1.875%   2017-03-30 2021-06-04
25 SHS UNITED HEALTH GROUP INC   2019-04-03 2021-06-01
312.43 SHS VANGUARD WORLD FD   2018-12-07 2021-10-22
136.05 SHS VANGUARD TAX-MANAGED INTL FD   2018-05-08 2021-01-04
141.46 SHS VANGUARD TAX-MANAGED INTL FD   2018-05-08 2021-10-22
150 SHS VERTEX PHARMACEUTICALS INC   2018-06-22 2021-06-01
166.57 SHS WELLS FARGO SPECIAL SMALL CAP   2017-05-19 2021-01-04
306.55 SHS WELLS FARGO SPECIAL SMALL CAP   2017-05-19 2021-10-22
600 SHS WESTERN DIGITAL CORP   2018-06-22 2021-06-01
25000 SHS XILINX INC   2015-12-04 2021-03-15
50 SHS EXXON MOBIL CORP   2016-05-16 2021-06-01
50 SHS EXXON MOBIL CORP   1996-02-20 2021-06-01
CAPITAL GAINS DIVIDENDS P    
(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 74,648   75,000 -352
b 16,000   11,397 4,603
c 18,955   4,334 14,621
d 8,028   14,973 -6,945
e 19,721   24,601 -4,880
25,604   25,132 472
8,576   7,561 1,015
33,235   39,122 -5,887
12,073   5,567 6,506
4,719   2,265 2,454
16,000   12,237 3,763
25,533   15,808 9,725
25,744   25,209 535
8,000   6,155 1,845
11,000   7,438 3,562
6,600   3,608 2,992
18,488   18,753 -265
25,000   25,000 0
35,000   35,000 0
4,134   5,713 -1,579
13,379   5,325 8,054
24,116   20,561 3,555
25,000   25,042 -42
15,954   22,489 -6,535
10   11 -1
966   1,063 -97
11,366   3,756 7,610
20,000   16,490 3,510
50,000   50,000 0
51,052   49,617 1,435
10,179   6,151 4,028
53,000   27,087 25,913
10,000   9,270 730
13,000   9,099 3,901
31,338   23,436 7,902
6,000   6,277 -277
14,000   10,223 3,777
45,267   39,087 6,180
25,000   25,000 0
3,015   4,475 -1,460
3,014   1,025 1,989
36,160     36,160
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       -352
b       4,603
c       14,621
d       -6,945
e       -4,880
      472
      1,015
      -5,887
      6,506
      2,454
      3,763
      9,725
      535
      1,845
      3,562
      2,992
      -265
      0
      0
      -1,579
      8,054
      3,555
      -42
      -6,535
      -1
      -97
      7,610
      3,510
      0
      1,435
      4,028
      25,913
      730
      3,901
      7,902
      -277
      3,777
      6,180
      0
      -1,460
      1,989
      36,160
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 2 138,517
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 2,440
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 2,440
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 1,480
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 1,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 2,480
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 40
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet0 RefundedBullet 11 40
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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMI
    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 addressbulletRUSSELLANDMAXINESMITHFOUNDATION.ORG
    14
    The books are in care ofbulletDOMINIC MONASTIERE Telephone no.bullet (989) 893-4438

    Located atbulletPERE MARQUETTE DEPOT-1000 ADAMSSTREETBAY CITYMI ZIP+4bullet48708
    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
     
     
    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.) Click to see attachment..............
    2b
     
    No
    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
    DOMINIC MONASTIERE TTEE/PRESIDENT
    0.00     		0 0 0
    1000 ADAMS SUITE 200
    BAY CITY,MI48708
    JEAN MANNING TTEE/V-P
    0.00     		0 0 0
    1000 ADAMS SUITE 200
    BAY CITY,MI48708
    BARBARA L ENGELHARDT-CARTER TTEE/TREASURER
    0.00     		0 0 0
    1000 ADAMS SUITE 200
    BAY CITY,MI48708
    THOMAS H TABOR TTEE/SECRETARY
    0.00     		0 0 0
    1000 ADAMS SUITE 200
    BAY CITY,MI48708
    HEATHER GALLEGOS TTEE
    0.00     		0 0 0
    1000 ADAMS SUITE 200
    BAY CITY,MI48708
    G MATTHEW JEFFREY TTEE
    0.00     		0 0 0
    1000 ADAMS SUITE 200
    BAY CITY,MI48708
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    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
    2,883,993
    b
    Average of monthly cash balances.......................
    1b
    41,678
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,925,671
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    2,925,671
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    43,885
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    2,881,786
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    144,089
    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
    144,089
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    2,440
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,440
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    141,649
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    141,649
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    141,649
    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 7 141,649
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 64,135
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........ 0
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 162,634
    a Applied to 2020, but not more than line 2a 64,135
    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..... 98,499
    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 ..........     		43,150
    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....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    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:
    RUSSELL H MAXINE E SMITH CHARITABLE
    PERE MARQUETTE DEPOT - 1000 ADAMS
    STREET SUITE 200
    BAY CITY,MI48708
    (989) 893-4438
    bThe form in which applications should be submitted and information and materials they should include:
    INFORMATION TO BE INCLUDED IN GRANT REQUESTS: COVER LETTER(INCLUDE AMOUNT BEING REQUESTED) - ORGANIZATIONAL MISSION - EXECUTIVE SUMMARY(INCLUDING BENEFITS TO THE COMMUNITY & ANTICIPATED OUTCOMES)- PROJECT INFORMATION (INCLUDING PROJECT DESCRIPTION, FUNDING GOALS WITH NAME OF ALL SOURCES & DOLLAR AMOUNTS, BENEFITS TO THE ORGANIZATIO/COMMUNITY, SEGMENT OF THE COMMUNITY SERVED) - FINANCES OF THE ORGANIZATION (INCLUDING PROGRAM BUDGET TO INCLUE ALL SOURCES OF REVENUE, CURRENT BALANCE SHEET, CURRENT INCOME STATEMENT, COPY OF THE ORGANIZATION'S FEDERAL TAX EXEMPT RULING FROM THE IRS, COPY OF THE MOST RECENT FORM 990, & PRIMARY SOURCES OF REVENUE FOR THE ORGANIZATION) - GOVERNANCE (THE BOARD OF DIRECTORS/TRUSTEES NAMES & OCCUPATIONS) - OTHER ATTACHMENTS(LETTERS OF SUPPORT & ANY ADDITIONAL INFORMATION OR DOCUMENTATION WHICH THE APPLICANT DEEMS PERTINENT) SIX COPIES OF THE ABOVE SHOULD BE PROVIDED. IF THE INFORMATION REQUESTED IS NOT AVAILABLE, PLEASE EXPLAIN WHY IN YOUR APPLICATION.
    cAny submission deadlines:
    REQUESTS MUST BE RECEIVED BY THE LAST DAY OF THE MONTH PRECEEDING THE NEXT SCHEDULED BOARD MEETING.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    MUST BE TO A CHARITABLE ORGANIZATION FOR THE SUPPORT OF PROGRAMS AND PROJECTS WHICH BENEFIT THE RESIDENTS OF BAY COUNTY.
    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
    ANTIQUE TOY AND FIRETRUCK MUSEUM
    3865-7 WILDER ROAD
    BAY CITY,MI48706     		N/A PC GRANT FOR RENOVATIONS OF FIREHOUSE 20,000
    BAY AREA COMMUNITY FOUNDATION
    1000 ADAMS ST
    BAY CITY,MI48708     		N/A PC SCHOLARSHIP ENDOWMENT 10,000
    BAY COUNTY HISTORICAL SOCIETY
    321 WASHINGTON AVE
    BAY CITY,MI48708     		N/A PC GRANT FOR RENOVATION OF LIBRARY 15,000
    GOOD SAMARITAN RESCUE MISSION
    713 NORTH STREET
    BAY CITY,MI48708     		N/A PC GRANT FOR YOUTH HOUSING AREA 5,000
    STATE THEATRE
    913 WASHINGTON AVE
    BAY CITY,MI48708     		N/A PC GRANT FOR PAVILION AND ANCILLARY BUILDING IN WENONAH PARK 25,000
    STUDIO 23
    901 N WATER STREET
    BAY CITY,MI48708     		N/A PC GRANT FOR CLASSROOM/STUDIO RENOVATION 20,000
    SVSU FOUNDATION
    7400 BAY ROAD
    UNIVERSITY CENTER,MI48710     		N/A PC GRANT TO FUND COLLEGE OF BUSINESS 15,000
    SAGINAW VALLEY NAVAL SHIP MUSEUM
    1680 MARTIN ST
    BAY CITY,MI48706     		N/A PC GRANT FOR SEA WALL CONSTRUCTION 7,000
    SELF LOVE BEAUTY
    2916 ABBOTT RD
    MIDLAND,MI48642     		N/A PC GRANT FOR CONFIDENCE BUILDING PROGRAM 10,000
    FRIENDS OF PINCONNING COMMUNITY CENTER
    200 N MABLE ST
    PINCONNING,MI48650     		N/A PC GRANT FOR PINCONNING COMMUNITY CENTER RENOVATIONS 30,000
    GREAT LAKES BAY REGIONAL ALLIANCE
    117 S MAIN ST 3
    FREELAND,MI48623     		N/A PC SVSU CHIEF SCIENCE OFFICER PROGRAM FOR BAY COUNTY SCHOOLS 2,375
    Total .................................bullet 3a 159,375
    bApproved for future payment
    Total .................................bullet 3b 0
    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 ...........     		    14 12,366  
    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 ............     		    18 137,369  
    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) .. 0 194,765 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    194,765
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 AccountingFeesSchedule
    Name:
    RUSSELL H & MAXINE E SMITH CHARITABLE
     
    FOUNDATION
    EIN:
    38-2978504
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION AND ACCOUNTING 1,925 0   1,925

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    RUSSELL H & MAXINE E SMITH CHARITABLE
     
    FOUNDATION
    EIN:
    38-2978504
    Name of Bond End of Year Book Value End of Year Fair Market Value
    TRANS-CANADA PIPELINES 2.5% 24,376 25,242
    ABBVIE INC 2.900% 25,110 25,457
    ALTRIA GROUP INC 26,312 25,834
    INTERCONTINENTALEXCHANGE 4.000% 25,243 26,301
    JP MORGAN CHASE & CO MEDIUM TERM NOTE 3.2% 25,083 25,683
    STATE STREET CORP 3.1% 24,923 25,778
    AMERICAN EXPRESS CO 3% 25,664 26,181
    JOHN DEERE CAPITAL CORP 3.45% 25,859 26,247
    TOTAL CAPITAL INTL SA 3.75% 25,566 26,463
    AMERICAN HONDA FINANCE MEDIUM TERM NOTE 2.15% 26,209 25,620
    CATERPILLAR FINL SERVICES MEDIUM TERM NOTE .8% 25,194 24,456
    METLIFE INC 3% 27,078 26,294
    TOYOTA MOTOR CREDIT CORP .5% 25,071 24,907
    VF CORP 2.4% 26,292 25,681
    WALT DISNEY CO SERIES GMTN 3.15% 9/17/25 27,281 26,495
    JP MORGAN CHASE & CO 4.125% 12/15/26 28,119 27,545
    PHILLIPS 66 1.3% 2/15/26 25,418 24,466
    SIMON PROPERTY GROUP LP 3.35 27,246 26,491
    SOUTHERN CALIF GAS CO SERIES TT 26,506 26,000

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    RUSSELL H & MAXINE E SMITH CHARITABLE
     
    FOUNDATION
    EIN:
    38-2978504
    Name of Stock End of Year Book Value End of Year Fair Market Value
    CHEVRON CORP 7,255 14,669
    EXXON MOBIL CORP COM 6,520 9,179
    SBC COMMUNICATIONS INC/AT&T NEW 35,384 22,140
    JOHNSON & JOHNSON 16,354 39,346
    APPLE INC 2,620 71,028
    MCDONALDS CORP 8,343 40,211
    QUALCOMM INCORPORATED 15,938 54,861
    UNITED PARCEL SERVICES 14,650 42,868
    CVS HEALTH CORP 18,762 41,264
    FIDELITY ADVISORY SM CP GWTH 33,097 41,573
    INTEL CORP COM 16,940 36,050
    CONSTELLATION BRANDS INC 21,898 42,665
    NORFOLK SOUTHERN CORP 14,434 44,657
    INVESCO OPPENHEIMER DEVELOPING MARKETS FUND 39,537 46,491
    CUMMINS INC 16,700 32,721
    ALPHABET IN CL A 9,211 49,250
    DISNEY WALT CO NEW 10,007 15,489
    TARGET CORP 14,372 46,288
    JP MORGAN CHASE & CO 19,173 47,505
    CISCO SYSTEMS INC 15,687 44,359
    EXELON CORP 18,030 28,880
    TWEEDY BROWNE GLOBAL VALUE FUND 118,831 142,843
    CHARLES SCHWAB CORP 23,843 50,460
    INTERCONTINENTAL EXCHANGE INC 17,797 41,031
    TRAVELERS COMPANIES INC 25,487 31,286
    PPL CORPORATION 17,084 15,030
    WELLS FARGO SPECIAL SMALL CAP VALUE 31,178 42,788
    DELAWARE EMERGING MARKET FUND 43,561 50,958
    DIGITAL REALTY TRUST INC 29,803 44,218
    DR HORTON INC 22,127 54,225
    STRYKER CORPORATION 25,730 40,113
    UNITED HEALTH GROUP INC 22,924 50,214
    INTERNATIONAL PAPER CO 18,571 18,792
    VANGUARD TAX-MANAGED SMALL-CAP 29,632 45,040
    VANGUARD INTERNATIONAL GROWTH FUND 77,852 125,084
    LAM RESEARCH CORP 18,724 71,915
    DOW INC 19,363 19,852
    OMNICOM GROUP 34,792 36,635
    GENUINE PARTS CO 21,645 42,060
    ARCHER DANIELS MIDLAND CO 18,918 30,416
    MICROSOFT CORP 32,421 50,448
    VISA INC CL A 31,603 32,507
    EOG RESOURCES INC 18,429 17,766
    AMGEN INC 39,813 39,370
    LOCKHEED MARTIN CORPORATION 26,260 24,879
    ACTIVISION BLIZZARD INC 40,189 33,265
    NVIDIA CORP 32,300 58,822
    SALESFORCE.COM INC 33,249 35,578
    INVESCO POWERSHARES PREFERRED 30,537 30,000
    MFS GLOBAL REAL ESTATE FUND 40,000 41,284
    PRINCIPAL GLOBAL REAL ESTATE SECURITIES 40,000 40,271

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    RUSSELL H & MAXINE E SMITH CHARITABLE
     
    FOUNDATION
    EIN:
    38-2978504
    US Government Securities - End of Year Book Value:

    250,244
    US Government Securities - End of Year Fair Market Value:

    250,222
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2021 InvestmentsOtherSchedule2
    Name:
    RUSSELL H & MAXINE E SMITH CHARITABLE
     
    FOUNDATION
    EIN:
    38-2978504
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ROYALTY INTERESTS AT COST 160 2

    TY 2021 OtherAssetsSchedule
    Name:
    RUSSELL H & MAXINE E SMITH CHARITABLE
     
    FOUNDATION
    EIN:
    38-2978504
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ACCRUED INTEREST 1 18,675 18,675
    OVERPAYMENT ON FEDERAL EXCISE TAX 1,249 0 0


    TY 2021 OtherExpensesSchedule
    Name:
    RUSSELL H & MAXINE E SMITH CHARITABLE
     
    FOUNDATION
    EIN:
    38-2978504
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADMINISTRATIVE ASSISTANT SERVICES AND EXPENSES 670 0   670
    MISC EXPENSES 621 96   525
    INSURANCE 139 0   139


    TY 2021 OtherLiabilitiesSchedule
    Name:
    RUSSELL H & MAXINE E SMITH CHARITABLE
     
    FOUNDATION
    EIN:
    38-2978504
    Description Beginning of Year - Book Value End of Year - Book Value
    FEDERAL EXCISE TAX PAYABLE 0 960


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    RUSSELL H & MAXINE E SMITH CHARITABLE
     
    FOUNDATION
    EIN:
    38-2978504
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TRUSTEE FEES 19,223 19,223   0


    TY 2021 TaxesSchedule
    Name:
    RUSSELL H & MAXINE E SMITH CHARITABLE
     
    FOUNDATION
    EIN:
    38-2978504
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 1,036 1,036   0
    FEDERAL TAX 2,440 0   0