TY 2021 Form 990PF

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.............
	2	Savings and temporary cash investments.........	141,861	198,117	198,117
	3	Accounts receivable 39,158
		Less: allowance for doubtful accounts	11,547	39,158	39,158
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........	270	8,828	8,828
	10a	Investments—U.S. and state government obligations (attach schedule)	855,539	751,448	751,448
	b	Investments—corporate stock (attach schedule).......	13,537,781	14,998,143	14,998,143
	c	Investments—corporate bonds (attach schedule).......	1,477,679	1,891,244	1,891,244
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	0	6,293	6,293
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	14,361	11,264	11,264
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	16,039,038	17,904,495	17,904,495
	17	Accounts payable and accrued expenses..........	16,681	14,160
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons	167,695	575,752
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........	184,376	589,912
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	15,854,662	17,314,583
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds
	29	Total net assets or fund balances (see instructions).....	15,854,662	17,314,583
	30	Total liabilities and net assets/fund balances (see instructions).	16,039,038	17,904,495

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	821,712
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

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	14,257
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	14,257
6	Credits/Payments:

a	2021 estimated tax payments and 2020 overpayment credited to 2021	6a	23,085
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	10,000
d	Backup withholding erroneously withheld ...........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............	7	33,085
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	18,828
11	Enter the amount of line 10 to be: Credited to 2022 estimated tax18,828	Refunded	11	0

(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
MARY ANN K JOHNSON	PRESIDENT 0.10	2,250	0	0
PO BOX 1464 DILLINGHAM,AK995761464
FRITZ SHARP	VICE PRESIDENT 0.10	2,250	0	0
PO BOX 1464 DILLINGHAM,AK995761464
MICHAEL GOTTSCHALK	BOARD MEMBER 0.10	2,500	0	0
PO BOX 1464 DILLINGHAM,AK995761464
GERDA KOSBRUK	TREASURER 0.10	1,166	0	0
PO BOX 1464 DILLINGHAM,AK995761464
KENNETH JENSEN	SECRETARY - PART YEAR 0.10	1,000	0	0
PO BOX 1464 DILLINGHAM,AK995761464
H ROBIN SAMUELSEN JR	EX-OFFICIO BOARD MEMBER 0.10	1,125	0	0
PO BOX 1464 DILLINGHAM,AK995761464
HARRY W WASSILY SR	SECRETARY 0.10	1,000	0	0
PO BOX 1464 DILLINGHAM,AK995761464

		(a) Corpus	(b) Years prior to 2020	(c) 2020	(d) 2021
1 Distributable amount for 2021 from Part X, line 7					842,245
2 Undistributed income, if any, as of the end of 2021:
a Enter amount for 2020 only.......				0
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......	11,781
d From 2019......
e From 2020......
f Total of lines 3a through e ........		11,781
4Qualifying distributions for 2021 from Part
XI, line 4: $ 913,187
a Applied to 2020, but not more than line 2a				0
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.....					842,245
e Remaining amount distributed out of corpus		70,942
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		82,723
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 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		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 ......		82,723
10 Analysis of line 9:
a Excess from 2017....
b Excess from 2018....	11,781
c Excess from 2019....
d Excess from 2020....
e Excess from 2021....	70,942

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

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
PANSY ALAKAYAK PO BOX 56 MANOKOTAK,AK99628	NONE	I	EDUCATIONAL SCHOLARSHIP	17,600
LOGAN BALL PO BOX 4 ALEKNAGIK,AK99576	NONE	I	EDUCATIONAL SCHOLARSHIP	13,000
HILDE BALL PO BOX 4 ALEKNAGIK,AK99576	NONE	I	EDUCATIONAL SCHOLARSHIP	13,000
ALESSANDRA BAVILLA PO BOX 758 DILLINGHAM,AK99576	NONE	I	EDUCATIONAL SCHOLARSHIP	13,000
HANNAH BERKOSKI PO BOX 1296 DILLINGHAM,AK99576	NONE	I	EDUCATIONAL SCHOLARSHIP	13,000
MOLLY BERKOSKI PO BOX 1296 DILLINGHAM,AK99576	NONE	I	EDUCATIONAL SCHOLARSHIP	13,000
MIKAYLA BINDON PO BOX 75 NAKNEK,AK99633	NONE	I	EDUCATIONAL SCHOLARSHIP	13,000
LYDIA BINDON PO BOX 75 NAKNEK,AK99633	NONE	I	EDUCATIONAL SCHOLARSHIP	13,000
NAIYA BURGRAFF PO BOX 380 KING SALMON,AK99613	NONE	I	EDUCATIONAL SCHOLARSHIP	13,000
JENICE COX PO BOX 985 DILLINGHAM,AK99576	NONE	I	EDUCATIONAL SCHOLARSHIP	13,000
MICALISHA DELANO PO BOX 1236 DILLINGHAM,AK99576	NONE	I	EDUCATIONAL SCHOLARSHIP	13,000
BRITNEY DRAY PO BOX 457 DILLINGHAM,AK99576	NONE	I	EDUCATIONAL SCHOLARSHIP	13,000
SYDNEY DRAY PO BOX 457 DILLINGHAM,AK99576	NONE	I	EDUCATIONAL SCHOLARSHIP	13,000
CASEY DSCHAAK PO BOX 1414 DILLINGHAM,AK99576	NONE	I	EDUCATIONAL SCHOLARSHIP	13,000
CARLY ELDRIDGE PO BOX 377 KING SALMON,AK99613	NONE	I	EDUCATIONAL SCHOLARSHIP	13,000
TREVOR FARNSWORTH PO BOX 1211 DILLINGHAM,AK99576	NONE	I	EDUCATIONAL SCHOLARSHIP	13,000
JADEN FROST PO BOX 176 TOGIAK,AK99678	NONE	I	EDUCATIONAL SCHOLARSHIP	13,000
SARAH FULLER PO BOX 913 DILLINGHAM,AK99576	NONE	I	EDUCATIONAL SCHOLARSHIP	13,000
BRISTOL GEORGE PO BOX 736 DILLINGHAM,AK99576	NONE	I	EDUCATIONAL SCHOLARSHIP	13,000
BRITNEY GEORGE PO BOX 736 DILLINGHAM,AK99576	NONE	I	EDUCATIONAL SCHOLARSHIP	13,000
LUCY GOODE PO BOX 296 KING SALMON,AK99613	NONE	I	EDUCATIONAL SCHOLARSHIP	13,000
SHARON HANSEN PO BOX 414 KING SALMON,AK99613	NONE	I	EDUCATIONAL SCHOLARSHIP	13,000
KALEB HILL PO BOX 534 NAKNEK,AK99633	NONE	I	EDUCATIONAL SCHOLARSHIP	13,000
LOGAN ITO PO BOX 558 DILLINGHAM,AK99576	NONE	I	EDUCATIONAL SCHOLARSHIP	13,000
EKO JOHNSON PO BOX 105 DILLINGHAM,AK99576	NONE	I	EDUCATIONAL SCHOLARSHIP	13,000
JESSICA JONES PO BOX 386 TOGIAK,AK99678	NONE	I	EDUCATIONAL SCHOLARSHIP	17,600
JEAN KRAUSE PO BOX 917 DILLINGHAM,AK99576	NONE	I	EDUCATIONAL SCHOLARSHIP	13,000
SUE LEE PO BOX 1214 DILLINGHAM,AK99576	NONE	I	EDUCATIONAL SCHOLARSHIP	13,000
AMBER LOGAN PO BOX 552 DILLINGHAM,AK99576	NONE	I	EDUCATIONAL SCHOLARSHIP	13,000
KAYLEE LOPEZ PO BOX 797 DILLINGHAM,AK99576	NONE	I	EDUCATIONAL SCHOLARSHIP	13,000
ASHLYN LUCKHURST PO BOX 643 DILLINGHAM,AK99576	NONE	I	EDUCATIONAL SCHOLARSHIP	13,000
ANGELICA MARX PO BOX 1361 DILLINGHAM,AK99576	NONE	I	EDUCATIONAL SCHOLARSHIP	13,000
ADAM MEAD PO BOX 1017 DILLINGHAM,AK99576	NONE	I	EDUCATIONAL SCHOLARSHIP	17,600
SARAH MITCHELL PO BOX 232 KING SALMON,AK99613	NONE	I	EDUCATIONAL SCHOLARSHIP	17,600
DENALI MOORCROFT PO BOX 44 KING SALMON,AK99613	NONE	I	EDUCATIONAL SCHOLARSHIP	13,000
KATIE MOORE PO BOX 1129 DILLINGHAM,AK99576	NONE	I	EDUCATIONAL SCHOLARSHIP	13,000
SILAS NEWMAN PO BOX 845 DILLINGHAM,AK99576	NONE	I	EDUCATIONAL SCHOLARSHIP	13,000
LIEUA NICK PO BOX 110 MANOKOTAK,AK99628	NONE	I	EDUCATIONAL SCHOLARSHIP	4,600
CAITLIN O'CONNOR PO BOX 1256 DILLINGHAM,AK99576	NONE	I	EDUCATIONAL SCHOLARSHIP	13,000
SHARADON O'CONNOR PO BOX 1256 DILLINGHAM,AK99576	NONE	I	EDUCATIONAL SCHOLARSHIP	13,000
TEYA OLSEN PO BOX 135 NAKNEK,AK99633	NONE	I	EDUCATIONAL SCHOLARSHIP	13,000
KEESHA PAUL PO BOX 184 MANOKOTAK,AK99628	GRANDDAUGHTER OF BOARD MEMBER	I	EDUCATIONAL SCHOLARSHIP	4,600
ESTHER PEPIN PO BOX 323 KING SALMON,AK99613	NONE	I	EDUCATIONAL SCHOLARSHIP	2,300
LOGAN PHELPS PO BOX 135 NAKNEK,AK99633	NONE	I	EDUCATIONAL SCHOLARSHIP	13,000
CONNOR ROMER PO BOX 623 NAKNEK,AK99633	NONE	I	EDUCATIONAL SCHOLARSHIP	13,000
VIRGINIA ROQUE PO BOX 724 DILLINGHAM,AK99576	NONE	I	EDUCATIONAL SCHOLARSHIP	13,000
SAWYER SANDS PO BOX 1011 DILLINGHAM,AK99576	NONE	I	EDUCATIONAL SCHOLARSHIP	13,000
SADIE SANDS PO BOX 1101 DILLINGHAM,AK99576	NONE	I	EDUCATIONAL SCHOLARSHIP	13,000
TORIN SCHROEDER PO BOX 1435 DILLINGHAM,AK99576	NONE	I	EDUCATIONAL SCHOLARSHIP	13,000
TIERA SCHROEDER PO BOX 1435 DILLINGHAM,AK99576	NONE	I	EDUCATIONAL SCHOLARSHIP	13,000
KIMBERLY SEYBERT PO BOX 384 DILLINGHAM,AK99576	NONE	I	EDUCATIONAL SCHOLARSHIP	13,000
JENNIFER SHRYOCK PO BOX 137 NAKNEK,AK99633	DAUGHTER OF BOARD MEMBER	I	EDUCATIONAL SCHOLARSHIP	17,600
MARY SWAIN PO BOX 265 KING SALMON,AK99613	NONE	I	EDUCATIONAL SCHOLARSHIP	6,500
ABIGAIL SWANSON PO BOX 501 NAKNEK,AK99633	NONE	I	EDUCATIONAL SCHOLARSHIP	13,000
BRYN TENNYSON PO BOX 167 DILLINGHAM,AK99576	NONE	I	EDUCATIONAL SCHOLARSHIP	13,000
LYNN VAN VACTOR PO BOX 391 DILLINGHAM,AK99576	SPOUSE OF BBEDC OFFICER	I	EDUCATIONAL SCHOLARSHIP	13,000
ABBEY WHITCOMB PO BOX 548 DILLINGHAM,AK99576	NONE	I	EDUCATIONAL SCHOLARSHIP	13,000
THERESA WILLIAMS PO BOX 653 DILLINGHAM,AK99576	NONE	I	EDUCATIONAL SCHOLARSHIP	13,000
BRYANT WOMACK PO BOX 664 DILLINGHAM,AK99576	NONE	I	EDUCATIONAL SCHOLARSHIP	13,000
TRYSH WOMACK PO BOX 664 DILLINGHAM,AK99576	NONE	I	EDUCATIONAL SCHOLARSHIP	17,600
Total ................................. 3a				773,600

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


1	Contributions, gifts, grants, etc., received (attach schedule)	526,072
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	277,056		277,056
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		821,712
b	Gross sales price for all assets on line 6a 6,288,892
7	Capital gain net income (from Part IV, line 2)...			821,712
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).......		100	40
12	Total. Add lines 1 through 11........	1,624,940		1,098,808
13	Compensation of officers, directors, trustees, etc.	11,291		5,646	5,645
14	Other employee salaries and wages......	28,806		0	29,541
15	Pension plans, employee benefits.......	4,271		0	4,275
16a	Legal fees (attach schedule).........		514	0	514
b	Accounting fees (attach schedule).......		10,750	0	10,500
c	Other professional fees (attach schedule)....		61,047	61,047	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		15,026	0	3,062
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		92,216	6,463	86,050
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	223,921		73,156	139,587
25	Contributions, gifts, grants paid.......	734,600			773,600
26	Total expenses and disbursements. Add lines 24 and 25	958,521		73,156	913,187
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	666,419
b	Net investment income (if negative, enter -0-)			1,025,652
c	Adjusted net income (if negative, enter -0-)...

(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	PUBLICLY TRADED SECURITIES
b
c
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	6,288,892	5,467,180	821,712
b
c
d
e

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			821,712
b
c
d
e

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


(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

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	SCHOLARSHIP PROGRAM PROVIDING SCHOLARSHIPS TO RESIDENTS OF THE 17 BRISTOL BAY CDQ COMMUNITIES TO ATTEND ACCREDITED COLLEGES; IN 2021, 60 INDIVIDUALS RECEIVED SCHOLARSHIPS.	884,806
2	ACADEMIC SUPPORT PROGRAM PROVIDING CAMPUS SUPPORT TO STUDENTS AT UAF, UAA, AND FORT LEWIS COLLEGE AND OFFERING TUTORING SERVICES TO SCHOLARSHIP RECIPIENTS.	28,381
3


4

bApproved for future payment

Total ................................. 3b				0

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	821,712
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aBOOK SALE REVENUE			05	60
bMISCELLANEOUS			01	40
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		0		1,098,868	0

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements
1c	0	BRISTOL BAY ECONOMIC DEVELOPMENT CORP	JOINT ACTIVITIES & SHARING RESOURCES

(a) Name of organization	(b) Type of organization	(c) Description of relationship
BRISTOL BAY ECONOMIC DEVELOPMENT CORP	501(C)(4)	ENTITIES ARE RELATED AND HAVE COMMON CONTROL

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.

Name of organization HARVEY SAMUELSEN SCHOLARSHIP TRUST

Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
1	BRISTOL BAY ECONOMIC DEVELOPMENT CORPORATION PO BOX 1464 DILLINGHAM, AK995761464	$ 126,072	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
2	ARCTIC STORM MANAGEMENT GROUP LLC 2727 ALASKAN WAY PIER 69 SEATTLE, WA98103	$ 400,000	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2021)

Name of organization HARVEY SAMUELSEN SCHOLARSHIP TRUST		Employer identification number 30-0065137

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990) (2021)


Name of organization HARVEY SAMUELSEN SCHOLARSHIP TRUST			Employer identification number 30-0065137
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

Software ID:
Software Version:

Name of Bond	End of Year Book Value	End of Year Fair Market Value
AIR LEASE	12,269	12,269
AMER AXLE & MANF	8,627	8,627
AMERICAN EXPRESS	10,018	10,018
ARES CAPITAL	7,985	7,985
AT&T	10,675	10,675
AT&T	10,582	10,582
BANK OF AMERICA	7,079	7,079
BANK OF AMERICA	13,681	13,681
BANK OF AMERICA	26,578	26,578
BENCHMARK	25,939	25,939
BOEING	12,000	12,000
BROADCOM	15,542	15,542
BROADSTONE	8,745	8,745
CAN FINANCIAL	14,351	14,351
CAPITAL ONE	45,590	45,590
CAPITAL ONE	19,915	19,915
CAPITAL ONE FINANCIAL	21,754	21,754
CARMAX	9,850	9,850
CARMAX	25,672	25,672
CD COMMERCIAL	22,622	22,622
CENTENE	11,863	11,863
CIT GROUP	8,453	8,453
CITIGROUP	24,273	24,273
CITIGROUP	13,205	13,205
CITIGROUP	17,851	17,851
CITIGROUP	13,126	13,126
CITIGROUP COMMERCIAL	31,509	31,509
CNO FINL GROUP	11,494	11,494
COMM MORTGAGE TRUST	15,267	15,267
COMM MORTGAGE TRUST	10,492	10,492
COMM MORTGAGE TRUST	31,628	31,628
COMM MORTGAGE TRUST	20,928	20,928
COMM MORTGAGE TRUST	31,558	31,558
CORP OFFICE PPTY	11,945	11,945
CORP OFFICE PPTY	10,119	10,119
CORP OFFICE PPTY	11,736	11,736
CSAIL	16,054	16,054
DANA INC	10,973	10,973
DELL INTL	15,034	15,034
DELL INTL	5,001	5,001
DISCOVER	5,004	5,004
DISH	13,342	13,342
DUKE ENERGY	13,546	13,546
EDISON	16,349	16,349
EDISON	8,449	8,449
ENERGY TRANSFER	10,601	10,601
ENERGY TRANSFER	5,166	5,166
EPR PROPERTIES	6,061	6,061
EPR PROPERTIES	7,456	7,456
EQUIFAX	13,441	13,441
FHLMC	36,465	36,465
FIRST AMERICAN FINANCIAL	4,383	4,383
FLEX LTD	11,351	11,351
FNMA	45,949	45,949
FNMA	42,329	42,329
FNMA	24,657	24,657
FNMA	59,427	59,427
FNMA	18,722	18,722
FNMA	55,154	55,154
FNMA	78,464	78,464
FORD CR	20,102	20,102
GENERAL MOTORS	11,743	11,743
GM FIN	14,897	14,897
GM FIN	4,946	4,946
GOLDMAN SACHS	25,574	25,574
GS MORTGAGE	20,837	20,837
HALLIBURTON	12,946	12,946
HCA	10,501	10,501
HONDA AUTO	19,627	19,627
HOST HOTELS	6,121	6,121
HOST HOTELS	3,864	3,864
HUDSON PACIFIC	16,081	16,081
HUDSON PACIFIC	15,576	15,576
HUDSON PACIFIC	10,172	10,172
HYATT	9,552	9,552
JP MORGAN CHASE	14,734	14,734
JPMORGAN CHASE	9,079	9,079
JPMORGAN CHASE	9,975	9,975
JPMORGAN CHASE	2,010	2,010
LIFESTORAGE	15,532	15,532
MICRON TECH	12,213	12,213
MYLAN	13,517	13,517
NASDAQ	10,625	10,625
NORFOLK SOUTHERN	17,051	17,051
OCCIDENTAL PET	8,820	8,820
ONE GAS	11,987	11,987
ONEMAIN FINANCIAL	12,854	12,854
ORACLE SYS	9,915	9,915
PACIFIC GAS & ELEC	12,000	12,000
PBF HOLDING	6,425	6,425
PRIMERICA	13,131	13,131
PRUDENTIAL	11,212	11,212
RETAIL PPTYS	11,072	11,072
SAN DIEGO GAS	13,380	13,380
SEQUOIA MORTGAGE TRUST	14,941	14,941
SOUTHERN CO	5,000	5,000
SOUTHERN CO	9,402	9,402
SOUTHWEST AIRLINES	14,871	14,871
SOVRAN	12,843	12,843
SPIRIT REALTY	8,796	8,796
SUNOCO	8,124	8,124
SYSCO	17,143	17,143
TEVA PHARM	20,680	20,680
TMOBILE	9,045	9,045
US BANCORP	10,804	10,804
VALERO	17,550	17,550
VERISIGN	11,426	11,426
VERIZON	29,613	29,613
VERIZON	38,285	38,285
VERIZON	20,032	20,032
VMWARE	13,073	13,073
WELLS FARGO	16,282	16,282
WELLS FARGO	11,169	11,169
WELLS FARGO	15,271	15,271
WESTLAKE CHEM	7,650	7,650
XLIT	11,929	11,929
ZIMMER BIOMET	20,945	20,945

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ACCENTURE	92,859	92,859
ADVANCED MICRO DEVICES INC	18,419	18,419
AERCAP HOLDINGS	18,710	18,710
AFFIRM HLDGS INC COM CL A	7,039	7,039
AIA GROUP	32,622	32,622
AKZO NOBEL	42,986	42,986
ALCON	48,265	48,265
ALPHABET	147,573	147,573
ALPHABET INC CL C	164,935	164,935
AMAZON.COM	93,362	93,362
AMAZON.COM INC	160,048	160,048
ANTHEM	48,208	48,208
AON	58,006	58,006
APPLE INC	120,925	120,925
ASHTEAD	66,742	66,742
ASML HLDG NV SPON ADR	13,534	13,534
ASSA ABLOY	44,619	44,619
BROOKFIELD ASSET MGMT	76,562	76,562
CAMECO CORP	28,440	28,440
CAPITAL ONE	21,764	21,764
CARNIVAL CORP	13,521	13,521
CARVANA	15,762	15,762
CHIPOTLE MEXICAN GRILL INC	17,483	17,483
CITIGROUP	55,378	55,378
CLOSE BROS	26,904	26,904
COCA COLA	37,753	37,753
COMCAST	59,893	59,893
COSTAR GROUP INC	6,559	6,559
CREDICORP	33,203	33,203
DANAHER CORP	19,412	19,412
DASSAULT SYSTEMS	67,737	67,737
DBS GROUP	39,626	39,626
DISH NETWORK	24,557	24,557
DOCUSIGN INC	4,874	4,874
DOLLAR GEN CORP NEW	10,141	10,141
DOORDASH INC CL A	10,125	10,125
ELI LILLY CO	19,059	19,059
ERSTE GROUP BANK	37,786	37,786
EVOLUTION AB	8,435	8,435
EXPERIAN	46,450	46,450
FANUC	39,897	39,897
FISERV INC	7,784	7,784
GENERAL MOTORS	27,615	27,615
GENL ELEC CO	6,518	6,518
GENL ELECTRIC	55,926	55,926
GLAXO SMITHKLINE	45,820	45,820
GOLDMAN SACHS GROUP	16,067	16,067
GOLDMAN SACHS GROUP	61,208	61,208
HARDING LOEVNER INTERNATIONAL EQUITY	1,619,765	1,619,765
HCA HEALTHCARE	14,387	14,387
HEINEKEN	42,808	42,808
HILTON WORLDWIDE	48,045	48,045
ING GROEP	60,997	60,997
INTUIT	29,588	29,588
INTUITIVE SURGICAL	26,948	26,948
INVESCO DEVELOPING MARKETS FUND CLASS Y	1,220,111	1,220,111
ISHARES BROAD USD HIGH YIELD BOND ETF	526,120	526,120
ISHARES CORE U.S. AGGREGATE BOND ETF	874,423	874,423
KDDI CORP	35,482	35,482
KUBOTA	41,225	41,225
LIBERTY BROADBAND	72,817	72,817
LULULEMON ATHLETICA	11,744	11,744
LVMH	48,326	48,326
LYONDELLBASELL INDUSTRIES	12,636	12,636
MAGNA	50,911	50,911
MARRIOTT INTL	64,609	64,609
MARUI	28,927	28,927
MASTERCARD	26,949	26,949
META PLATFORMS	106,623	106,623
META PLATFORMS	100,569	100,569
MICHELIN	48,037	48,037
MICROSOFT	171,187	171,187
MICROSOFT	139,573	139,573
MONGODB	13,234	13,234
MORGAN STANLEY	59,387	59,387
NASPERS	5,642	5,642
NETFLIX	68,076	68,076
NETFLIX	26,507	26,507
NIDEC	55,302	55,302
NIKE	12,500	12,500
NOVARTIS	29,565	29,565
NVIDIA	51,764	51,764
OTSUKA	24,802	24,802
PAM PAC	30,940	30,940
PAYPAL	14,144	14,144
PIMCO INCOME FUND CLASS I	691,783	691,783
PIMCO SHORT ASSET INVESTMENT FUND CLASS INST	219,419	219,419
PINTEREST	7,779	7,779
PROSUS	13,537	13,537
RECKITT BENCKISER	29,243	29,243
RENTOKIL	44,665	44,665
ROPER TECH	7,378	7,378
ROSS STORES	11,199	11,199
S&P GLOBAL	9,911	9,911
SAFRAN	36,830	36,830
SAFRAN	20,526	20,526
SCHWAB CHARLES CORP	8,831	8,831
SEA LTD	23,266	23,266
SERVICENOW	35,701	35,701
SHOPIFY	15,151	15,151
SNAP	20,975	20,975
SONY	80,138	80,138
SQUARE	10,660	10,660
STRYKER	12,301	12,301
SYMRISE	40,814	40,814
SYNOPSIS	17,320	17,320
TESLA	41,214	41,214
THERMO FISHER SCIENTIFIC	10,008	10,008
TOTALENERGIES	32,594	32,594
UNILEVER	32,758	32,758
UNITEDHEALTH	63,772	63,772
UNITEDHEALTH	28,120	28,120
VANGUARD S&P 500 ETF	3,161,203	3,161,203
VANGUARD TOTAL INTL STOCK INDEX FUND ETF	1,224,040	1,224,040
VIRTUS KAR SMALL-CAP CORE FUND CLASS I	941,724	941,724
VISA	38,357	38,357
VISA	16,253	16,253
WALLS FARGO	39,871	39,871
WALT DISNEY CO	23,698	23,698
WILLIS TOWERS WATSON	21,849	21,849
WOODWARD	9,304	9,304
ZOETIS	12,446	12,446
ZOOM VIDEO	7,724	7,724

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
ACADEMIC SUPPORT	3,768	0	4,065
BBEDC ADMINISTRATIVE CHARGE	87,138	6,463	80,675
INSURANCE	376	0	376
ADVERTISING	934	0	934