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 07-01-2021 , and ending 06-30-2022
Name of foundation
THE CARPENTER FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)824 EAST MAIN ST 102
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MEDFORD, OR97504
A Employer identification number

93-0491360
B Telephone number (see instructions)

(541) 772-5851
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$20,349,507J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 402
2 Check bullet.............
3 Interest on savings and temporary cash investments 2,180 2,180  
4 Dividends and interest from securities... 1,079,932 1,079,932  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 622,750
b Gross sales price for all assets on line 6a 1,417,198
7 Capital gain net income (from Part IV, line 2)... 622,750
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)....... Click to see attachment -27,848 -38,274  
12 Total. Add lines 1 through 11........ 1,677,416 1,666,588  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 46,716 28,029   18,687
14 Other employee salaries and wages...... 111,070 24,864   86,206
15 Pension plans, employee benefits....... 34,821 8,709   26,112
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 16,900 8,450   8,450
c Other professional fees (attach schedule).... Click to see attachment 24,278 24,278   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 32,113 0   2,178
19 Depreciation (attach schedule) and depletion... Click to see attachment 1,088 0  
20 Occupancy.............. 14,970 0   14,970
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment -37,375 8,706   11,646
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 244,581 103,036   168,249
25 Contributions, gifts, grants paid....... 657,900 657,900
26 Total expenses and disbursements. Add lines 24 and 25 902,481 103,036   826,149
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 774,935
b Net investment income (if negative, enter -0-) 1,563,552
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............. 175,222 48,654 48,654
2 Savings and temporary cash investments......... 5,648 5,650 5,650
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.......... 735 7,157 7,157
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 16,366,665 Click to see attachment17,618,714 18,017,812
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,558,885 Click to see attachment1,106,559 2,265,389
14 Land, buildings, and equipment: basis bullet20,009
Less: accumulated depreciation (attach schedule) bullet18,944 2,153 Click to see attachment1,065 1,065
15 Other assets (describe bullet) Click to see attachment3,780 Click to see attachment3,780 Click to see attachment3,780
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 18,113,088 18,791,579 20,349,507
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable................. 224,650 204,800
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 attachment106,813 Click to see attachment30,219
23 Total liabilities (add lines 17 through 22)......... 331,463 235,019
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........... 17,781,625 18,556,560
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 17,781,625 18,556,560
30 Total liabilities and net assets/fund balances (see instructions). 18,113,088 18,791,579
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
17,781,625
2
Enter amount from Part I, line 27a .....................
2
774,935
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
18,556,560
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
18,556,560
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 PUBLICLY TRADED SECURITIES P 2020-12-31 2021-12-31
b
c
d
e
(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 1,417,198   794,448 622,750
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       622,750
b
c
d
e
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 2 622,750
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 21,733
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 21,733
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 0
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 23,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 23,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 724
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 10 543
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet543 RefundedBullet 11 0
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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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)
    bulletOR
    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 addressbulletWWW.CARPENTER-FOUNDATION.ORG
    14
    The books are in care ofbulletTHE CARPENTER FOUNDATION Telephone no.bullet (541) 772-5851

    Located atbullet824 E MAIN STREET SUITE 102MEDFORDOR ZIP+4bullet97504
    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)
    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)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
    No
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    AMY CUDDY PUBLIC TRUSTEE
    3.00     		0 0 0
    824 E MAIN STREET SUITE 102
    MEDFORD,OR97504
    EMILY MOSTUE TRUSTEE/PRESIDENT
    12.00     		45,359 1,356 0
    824 E MAIN STREET SUITE 102
    MEDFORD,OR97504
    KAREN C ALLAN TRUSTEE/VP & SEC
    3.00     		0 0 0
    824 E MAIN STREET SUITE 102
    MEDFORD,OR97504
    DAN THORNDIKE TRUSTEE/TREASURER/INVESTMENT ADVISOR
    5.00     		0 0 0
    824 E MAIN STREET SUITE 102
    MEDFORD,OR97504
    SUE NAUMES FAMILY TRUSTEE
    3.00     		0 0 0
    824 E MAIN STREET SUITE 102
    MEDFORD,OR97504
    SUSAN COHEN PUBLIC TRUSTEE
    3.00     		0 0 0
    824 E MAIN STREET SUITE 102
    MEDFORD,OR97504
    TERESA SAYRE PUBLIC TRUSTEE
    3.00     		0 0 0
    824 E MAIN STREET SUITE 102
    MEDFORD,OR97504
    BRIAN GROSS PUBLIC TRUSTEE
    3.00     		0 0 0
    824 E MAIN STREET SUITE 102
    MEDFORD,OR97504
    PAUL NICHOLSON PUBLIC TRUSTEE
    3.00     		0 0 0
    824 E MAIN STREET SUITE 102
    MEDFORD,OR97504
    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
    PAULA WILLIAMS PROGRAM OFFICER
    40.00     		75,961 12,544 0
    824 E MAIN STREET SUITE 102
    MEDFORD,OR97504
    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
    23,456,583
    b
    Average of monthly cash balances.......................
    1b
    126,287
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    23,582,870
    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
    23,582,870
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    353,743
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    23,229,127
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    1,161,456
    Part X
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part IX, line 6..................
    1
    1,161,456
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    21,733
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
    1,398
    c
    Add lines 2a and 2b............................
    2c
    23,131
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,138,325
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,138,325
    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
    1,138,325
    Part XI
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 1,138,325
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 540,514
    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$ 826,149
    a Applied to 2020, but not more than line 2a 540,514
    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..... 285,635
    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 ..........     		852,690
    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:
    THE CARPENTER FOUNDATION
    824 EAST MAIN ST NO 102
    MEDFORD,OR97504
    (541) 772-5732
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATIONS SHOULD INCLUDE: 1) COVER LETTER SUMMARIZING PROJECT SCOPE, AMOUNT OF REQUEST, & CONTACT INFORMATION. 2) PROPOSAL (4 PAGES OR LESS): A) DESCRIPTION OF PROPOSAL/PROJECT, COMMUNITY NEEDS OR STRENGTHS IT ADDRESSES B) APPLICANT ORGANIZATION'S PURPOSE, SERVICES TO COMMUNITY, STAFFING & USE OF VOLUNTEERS, C) PROJECT BUDGET, SPECIFICALLY HOW GRANT FUNDS WILL BE USED, & OTHER POSSIBLE FUNDING SOURCES, D) DESCRIPTION OF FUTURE PROJECT FUNDING (IF APPLICABLE), E) PROJECT PLANNING PROCESS, STAFFING, & TIMELINE, F) RESULT EXPECTED & PROPOSED EVALUATION METHOD, G) ANY RECENT INDEPENDENT BOARD FUNDRAISING EFFORTS. 3) REQUIRED ATTACHMENTS (DO NOT STAPLE OR CLIP): A) DETAILED BUDGET FOR CURRENT YEAR & YEAR FOR WHICH THE PROJECT IS PROPOSED (IF DIFFERENT), B) INCOME STATEMENT & BALANCE SHEET FROM MOST RECENTLY COMPLETED FISCAL YEAR (OR AUDIT, IF AVAILABLE), C) LIST OF BOARD OF DIRECTORS, OCCUPATIONS, & ADDRESSES, D) BOARD APPROVAL OF APPLICATION, E) COPY OF IRS 501(C)(3) EXEMPTION LETTER.
    cAny submission deadlines:
    GRANT APPLICATION DEADLINES ARE SET QUARTERLY. PLEASE CALL (541)772-5732 FOR DEADLINE DATES.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GRANT APPLICATIONS WILL BE ACCEPTED ONLY FROM 501(C)(3) ORGANIZATIONS. NO GRANTS TO INDIVIDUALS WILL BE MADE. ONLY ONE GRANT PER YEAR TO ANY AGENCY IS USUALLY CONSIDERED. THE FOUNDATION MAKES GRANTS ONLY WITHIN JACKSON AND JOSEPHINE COUNTIES WITH THE EXCEPTION OF A FEW STATEWIDE PUBLIC INTEREST ISSUES DIRECTLY AFFECTING PERSONS LIVING IN THESE COUNTIES. THE FOUNDATION RARELY MAKES MULTI-YEAR GRANTS, GRANTS FOR HISTORICAL APPLICATIONS, HOSPITAL CONSTRUCTION OR EQUIPMENT, GROUP OR INDIVIDUAL TRIPS, OR ACTIVITIES FOR RELIGIOUS PURPOSES.
    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
    1000 FRIENDS OF OREGON
    PO BOX 40367
    PORTLAND,OR97204     		N/A PC IN SUPPORT OF PROVIDING INFORMATION, EDUCATION AND TOOLS FOR PEOPLE TO GET INVOLVED IN LOCAL LAND USE ISSUES. 5,000
    ACCESS INC
    PO BOX 4666
    MEDFORD,OR97501     		N/A PC IN SUPPORT OF FOOD BANKS TO PROVIDE NUTRITION TO VULNERABLE INDIVIDUALS AND FAMILIES. 15,000
    ANIMA MUNDI PRODUCTIONS
    PO BOX 1323
    PHOENIX,OR97535     		N/A PC TOWARD THE COMMISSIONING OF NEW MUSIC BY 7 COMPOSERS OF COLOR. 5,000
    ART PRESENCE ART CENTER
    PO BOX 185
    JACKSONVILLE,OR97530     		N/A PC TO PROVIDE A SALARY FOR A NEW EXECUTIVE DIRECTOR. 3,000
    ASHLAND HIGH SCHOOL
    201 S MOUNTAIN AVENUE
    ASHLAND,OR97520     		N/A GOV STUDENT COLLEGE SCHOLARSHIPS. 12,500
    BRITT FESTIVALS
    PO BOX 1124
    MEDFORD,OR97501     		N/A PC IN SUPPORT OF THE 2022 CLASSICAL MUSIC SEASON. 25,000
    BUTTE FALLS HIGH SCHOOL
    PO BOX 167
    BUTTE FALLS,OR97522     		N/A GOV STUDENT COLLEGE SCHOLARSHIPS. 1,000
    CENTRAL MEDFORD HIGH SCHOOL
    815 S OAKDALE
    MEDFORD,OR97501     		N/A GOV STUDENT COLLEGE SCHOLARSHIPS. 3,000
    CLASSROOM LAW PROJECT
    620 SW MAIN ST STE 102
    PORTLAND,OR97205     		N/A PC IN SUPPORT OF PROVIDING CIVICS PROGRAMS IN SOUTHERN OREGON. 10,000
    COMPASS HOUSE
    37 N IVY STREET
    MEDFORD,OR97501     		N/A PC IN SUPPORT OF A PROGRAM PROVIDING A VARIETY OF SKILLS TO CLUBHOUSE MEMBERS. 12,500
    CONSUMER CREDIT COUNSELING SERVICE OF SOUTHERN OREGON
    820 CRATER LAKE AVENUE 202
    MEDFORD,OR97504     		N/A PC TO PROVIDE COMMUNITY-BASED CREDIT COUNSELING AND FINANCIAL EDUCATION PROGRAMS. 7,000
    CRATER HIGH SCHOOL
    300 ASH STREET
    CENTRAL POINT,OR97502     		N/A GOV STUDENT COLLEGE SCHOLARSHIPS. 16,500
    CROSSING BRIDGES THERAPEUTIC RIDING CENTER
    PO BOX 2276
    GRANTS PASS,OR97528     		N/A PC TOWARD THE REPLACEMENT OF THE EXISTING FIELD FENCING. 4,000
    DAVID'S CHAIR OUTDOOR MOBILITY SYSTEMS
    535 SUNRISE AVE
    MEDFORD,OR97504     		N/A PC IN SUPPORT OF TRACK CHAIR REPAIR AND MAINTENANCE. 3,500
    DO GOOD FOUNDATION
    560 NE F STREET PMB 555
    GRANTS PASS,OR97526     		N/A PC TOWARD A NEW SUPPORT GROUP FOR WOMEN IN GRANTS PASS. 2,000
    EAGLE POINT HIGH SCHOOL
    PO BOX 198
    EAGLE POINT,OR97524     		N/A GOV STUDENT COLLEGE SCHOLARSHIPS. 13,500
    GRANTS PASS MUSEUM OF ART
    PO BOX 966
    GRANTS PASS,OR97526     		N/A PC TOWARD THE PURCHASE OF A NEW ROOFTOP HVAC SYSTEM FOR THE MUSEUM FACILITY. 8,000
    HOPE EQUESTRIAN CENTER
    PO BOX 396
    EAGLE POINT,OR97524     		N/A PC TO PROVIDE SCHOLARSHIPS FOR RIDERS TO PARTICIPATE IN A THERAPEUTIC RIDING PROGRAM. 8,000
    JACKSON COUNTY SEXUAL ASSAULT RESPONSE TEAM
    2305 ASHLAND ST C-418
    ASHLAND,OR97520     		N/A PC IN SUPPORT OF A K-12 SEXUAL VIOLENCE PREVENTION PROGAM IN LOCAL SCHOOLS. 12,000
    LA CLINICA DEL VALLE
    931 CHEVY WAY
    MEDFORD,OR97504     		N/A PC TO INCREASE BEHAVIORAL HEALTH SERVICES AT SCHOOL-BASED HEALTH CENTERS. 20,000
    MASLOW PROJECT
    PO BOX 999
    MEDFORD,OR97501     		N/A PC TO EXPAND SUPPORT SERVICES. 15,000
    NORTH MEDFORD HIGH SCHOOL
    1900 N KEENE WAY DRIVE
    MEDFORD,OR97504     		N/A GOV STUDENT COLLEGE SCHOLARSHIPS. 19,500
    OPTIONS FOR HELPING RESIDENTS OF ASHLAND
    PO BOX 1133
    ASHLAND,OR97520     		N/A PC TOWARD THE RENOVATION OF A MOTEL INTO A COMPREHENSIVE SERVICE HUB FOR UNHOUSED AND ECONOMICALLY STRESSED RESIDENTS. 17,500
    OREGON LIONS SIGHT & HEARING FOUNDATION
    1010 NW 22ND AVE N144
    PORTLAND,OR97210     		N/A PC IN SUPPORT OF A VISION SCREENING PROGRAM AT SCHOOLS IN JACKSON AND JOSEPHINE COUNTIES. 7,500
    OREGON NONPROFIT LEADERS CONFERENCE NONPROFIT ASSOC OF OREGON
    5100 SW MACADAM AVE STE 36
    PORTLAND,OR97239     		N/A PC SPONSORSHIP FOR SPRING 2022 CONFERENCE. 1,500
    OREGON VALUES AND BELIEFS CENTER
    7533 S CORBETT AVE
    PORTLAND,OR97219     		N/A PC TOWARD COSTS ASSOOCIATED WITH A RESEARCH PANEL IN JACKSON AND JOSEPHINE COUNTIES TO PROVIDE FEEDBACK ON A VARIETY OF ISSUES. 6,000
    OREGON WILDLIFE FOUNDATION
    901 SE OAK ST STE 103
    PORTLAND,OR97214     		N/A PC TO CONDUCT AN ANALYSIS FOR WILDLIFE CROSSING LOCATIONS ON I-5. 5,000
    PACIFICA A GARDEN IN THE SISKIYOUS
    PO BOX 1
    WILLIAMS,OR97544     		N/A PC TOWARD A PROGRAM COORDINATOR STAFF POSITION. 6,000
    PARKER HOUSE PROJECT
    2895 HWY 66
    ASHLAND,OR97520     		N/A PC GENERAL OPERATING SUPPORT. 5,000
    PHOENIX HIGH SCHOOL
    PO BOX 697
    PHOENIX,OR97535     		N/A GOV STUDENT COLLEGE SCHOLARSHIPS. 9,000
    PHOENIX-TALENT SCHOOL DISTRICT
    PO BOX 698
    PHOENIX,OR97535     		N/A GOV IN SUPPORT OF A SUMMER RESIDENTIAL PROGRAM AT SOU FOR LANINX YOUTH. 6,300
    PROSPECT HIGH SCHOOL
    PO BOX 40
    PROSPECT,OR97536     		N/A GOV STUDENT COLLEGE SCHOLARSHIPS. 1,000
    ROGUE GALLERY & ART CENTER
    40 S BARTLETT STREET
    MEDFORD,OR97501     		N/A PC IN SUPPORT OF A SERIES OF ART EXHIBITIONS FEATURING OVER 80 ARTISTS. 7,800
    ROGUE RETREAT
    711 E MAIN ST 25
    MEDFORD,OR97504     		N/A PC TOWARD THE PURCHASE OF COMPUTERS AND OTHER TECHNOLOGY EQUIPMENT. 17,500
    ROGUE RIVER HIGH SCHOOL
    PO BOX 1045
    ROGUE RIVER,OR97537     		N/A GOV STUDENT COLLEGE SCHOLARSHIPS. 3,500
    ROGUE RIVER WATERSHED COUNCIL
    89 ALDER STREET
    CENTRAL POINT,OR97502     		N/A PC TO CREATE A REPORT CARD FOR PUBLIC USE OF THE ROGUE RIVER BASIN. 5,000
    ROGUE THEATER COMPANY
    500 IOWA STREET
    ASHLAND,OR97520     		N/A PC IN SUPPORT OF PRODUCTION COSTS FOR THE PLAY CHAPATTI. 4,500
    ROGUE VALLEY CHORALE ASSOCIATION
    724 S CENTRAL AVE STE 102
    MEDFORD,OR97501     		N/A PC IN SUPPORT OF A CONCERT CELEBRATING THE AMERICAN EXPERIENCE. 6,000
    ROGUE VALLEY FARM TO SCHOOL
    PO BOX 898
    ASHLAND,OR97520     		N/A PC IN SUPPORT OF PROVIDING FARM FIELD TRIPS TO LOCAL YOUTH 7,000
    ROGUE VALLEY MENTORING
    2391 S PACIFIC HWY
    MEDFORD,OR97501     		N/A PC TO PROVIDE MENTORING SERVICES TO 6TH AND 7TH GRADE STUDENTS AT A LOCAL MIDDLE SCHOOL. 6,500
    SET FREE SERVICES
    1032 W MAIN STREET
    MEDFORD,OR97501     		N/A PC TOWARD BASIC NEEDS SUPPORT FOR HOMELESS PERSONS AND OTHERS IN NEED. 15,000
    SOUTH MEDFORD HIGH SCHOOL
    1551 CUNNINGHAM LANE
    MEDFORD,OR97501     		N/A GOV STUDENT COLLEGE SCHOLARSHIPS. 20,500
    SOUTHERN OREGON LAND CONSERVANCY
    PO BOX 954
    ASHLAND,OR97520     		N/A PC GENERAL OPERATING SUPPORT. 10,000
    SOUTHERN OREGON PUBLIC BROADCASTING
    28 S FIR ST
    MEDFORD,OR97501     		N/A PC IN SUPPORT OF A PROGRAM THAT HIGHLIGHTS ORGANIZATIONS MAKING A DIFFERENCE IN SOUTHERN OREGON. 8,000
    ST MARK'S EPISCOPAL CHURCH
    140 N OAKDALE
    MEDFORD,OR97501     		N/A PC TO PROVIDE THANKSGIVING FOOD BASKETS TO LOW-INCOME FAMILIES. 6,000
    ST VINCENT DE PAUL SOCIETY - MEDFORD
    PO BOX 1663
    MEDFORD,OR97501     		N/A PC TO PROVIDE EMERGENCY UTILITY ASSISTANCE TO LOCAL FAMILIES. 20,000
    THE ALS ASSOCIATION
    700 NE MULTNOMAH STREET STE 210
    PORTLAND,OR97232     		N/A PC TO PROVIDE PERSONILIZED CARE SERVICES TO INDIVIDUALS EXPERIENCING ALS. 5,000
    UNITED WAY OF JACKSON COUNTY
    60 HAWTHORNE STREET
    MEDFORD,OR97504     		N/A PC TOWARD GENERAL OPERATING SUPPORT. 25,000
    ASHLAND CULTURE OF PEACE COMMISSION
    33 1ST STREET STE 1
    ASHLAND,OR97520     		N/A PC TO PROVIDE VOLUNTEER RECRUITMENT, TRAINING AND APPRECIATION FOR THE WINTER SHELTERS. 5,000
    ASHLAND EMERGENCY FOOD BANK
    PO BOX 3578
    ASHLAND,OR97520     		N/A PC TO PROVIDE FRESH AND PERISHABLE FOODS TO THE FOOD BANK. 5,000
    BARNSTORMERS THEATRE INC
    112 NE EVELYN AVENUE
    GRANTS PASS,OR97526     		N/A PC TOWARD UPGRADES IN THE THEATRE BUILDING. 2,300
    CARE FOUNDATION
    4616 25TH AVENUE NE 477
    SEATTLE,WA98105     		N/A PC A GRANT MADE IN MEMORY OF HELEN B CARPENTER. 3,000
    COLLABORATIVE THEATRE PROJECT INC
    555 MEDFORD CENTER
    MEDFORD,OR97504     		N/A PC IN SUPPORT OF PERFORMANCES, PLAYREADINGS AND WORKSHOPS. 4,000
    DAVID'S CHAIR OUTDOOR MOBILITY SYSTEMS
    535 SUNRISE AVENUE
    MEDFORD,OR97504     		N/A PC TOWARD THE PURCHASE OF A WHEELCHAIR ACCESSIBLE VAN. 5,000
    GRANTS PASS SOBERING CENTER
    PO BOX 1388
    GRANTS PASS,OR97528     		N/A PC IN SUPPORT OF A COMMUNITY OUTREACH PROJECT TO EXPAND PARTNERSHIPS, STABILIZE FUNDING AND EDUCATE THE PUBLIC. 3,000
    GREATER APPLEGATE COMMUNITY DEVELOPMENT
    PO BOX 335
    JACKSONVILLE,OR97530     		N/A PC TOWARD A NEIGHBORHOOD EMERGENCY PREPARATION PLAN. 5,000
    HEART & HOPE MUSIC
    321 S CLAY STREET 45
    ASHLAND,OR97520     		N/A PC IN SUPPORT OF PROVIDING A THERAPEUTIC MUSIC PROGRAM FOR ELDERS AND THOSE WITH SPECIAL NEEDS. 5,000
    JACKSON COUNTY LIBRARY SYSTEM
    205 S CENTRAL AVENUE
    MEDFORD,OR97501     		N/A PC A GRANT MADE IN MEMORY OF ASV CARPENTER TOWARD THE PURCHASE OF BOOKS. 3,000
    JACKSON COUNTY SEXUAL ASSAULT RESPONSE TEAM
    2305 ASHLAND ST C-418
    ASHLAND,OR97520     		N/A PC IN SUPPORT OF A K-12 SEXUAL VIOLENCE PREVENTION PROGAM IN LOCAL SCHOOLS. 12,000
    LA CLINICA DEL VALLE
    931 CHEVY WAY
    MEDFORD,OR97504     		N/A PC OPERATING SUPPORT FOR COVID-19 EMERGENCY RESPONSE SERVICES. 20,000
    MAGDALENE HOME
    12 BLACK OAK DRIVE
    MEDFORD,OR97504     		N/A PC IN SUPPORT OF PROVIDING CARE AND SERVICES TO PREGNANT TEENS AND TEEN MOTHERS. 2,000
    MIRACLE THEATRE GROUP
    425 SE 6TH AVENUE
    PORTLAND,OR97214     		N/A PC IN SUPPORT OF A BILINGUAL AND BICULTURAL ONLINE THEATRE PROGRAM FOR SCHOOLS. 3,000
    OREGON ALLIANCE OF INDEPENDENT COLLEGES & UNIVERSITIES
    15573 BANGY ROAD SUITE 320
    LAKE OSWEGO,OR97035     		N/A PC TO PROVIDE TEN SCHOLARSHIPS TO LOCAL STUDENTS TO ATTEND PRIVATE COLLEGES AND UNIVERSITIES IN OREGON. 6,500
    OREGON LIONS SIGHT & HEARING FOUNDATION
    1010 NW 22ND AVE N144
    PORTLAND,OR97210     		N/A PC TO PROVIDE VISION SCREENING AND REFERRALS TO STUDENTS IN LOCAL SCHOOLS. 5,000
    OREGON SHAKESPEARE FESTIVAL
    PO BOX 158
    ASHLAND,OR97520     		N/A PC IN SUPPORT OF A VARIETY OF EDUCATIONAL PROGRAMS. 25,000
    ROGUE COMMUNITY COLLEGE FOUNDATION
    3345 REDWOOD HWY
    GRANTS PASS,OR97527     		N/A PC FOR JACKSON & JOSEPHINE COUNTY SCHOLARSHIPS. 25,000
    ROGUE VALLEY FARM TO SCHOOL
    PO BOX 898
    ASHLAND,OR97520     		N/A PC TOWARD GENERAL OPERATING SUPPORT. 6,000
    SCIENCE WORKS HANDS-ON MUSEUM
    1500 E MAIN STREET
    ASHLAND,OR97520     		N/A PC TO PROVIDE A VARIETY OF EDUCATIONAL SCIENCE PROGRAMS AT THE MUSEUM AND IN TITLE 1 SCHOOLS. 15,000
    SMART READING - ROGUE VALLEY
    670 SUPERIOR COURT STE109
    MEDFORD,OR97504     		N/A PC IN SUPPORT OF PROVIDING THE SMART READING PROGRAM. 6,000
    SOUTHERN OREGON REPERTORY SINGERS
    PO BOX 1091
    ASHLAND,OR97520     		N/A PC TOWARD GENERAL OPERATING SUPPORT. 5,000
    SOUTHERN OREGON UNIVERSITY
    1250 SISKIYOU BLVD
    ASHLAND,OR97520     		N/A GOV IN SUPPORT OF FACULTY DEVELOPMENT OPPORTUNITIES WHICH IMPROVE TEACHING SKILLS. 25,000
    SPARTAN BOXING
    729 WELCH STREET
    MEDFORD,OR97501     		N/A PC TOWARD GENERAL OPERATING SUPPORT. 8,000
    THE ALS ASSOCIATION
    700 NE MULTNOMAH STREET STE 210
    PORTLAND,OR97232     		N/A PC TO PROVIDE MEDICAL SUPPORT TO LOCAL FAMILIES LIVING WITH ALS. 5,000
    THE VALLEY SCHOOL OF SOUTHERN OREGON
    857 VALLEY VIEW DRIVE
    MEDFORD,OR97501     		N/A PC TOWARD THE COST OF PROVIDING PROFESSIONAL PRACTITIONERS TO TEACH MINI-COURSES ON A VARIETY OF SUBJECTS. 5,000
    YOUTH SYMPHONY OF SOUTHERN OREGON
    PO BOX 4291
    MEDFORD,OR97501     		N/A PC IN SUPPORT OF THE 2020-21 CONCERT SEASON. 8,000
    Total .................................bullet 3a 674,900
    bApproved for future payment
    ARMADILLO TECHNICAL INSTITUTE
    PO BOX 1560
    PHOENIX,OR97535     		N/A PC IN SUPPORT OF THE STUDENT SELF-CARE CENTER EXPANSION. 16,000
    ASHLAND NEW PLAYS FESTIVAL
    PO BOX 3314
    ASHLAND,OR97520     		N/A PC IN SUPPORT OF THE 2022 ASHLAND NEW PLAYS FALL FESTIVAL. 7,000
    CARE FOUNDATION
    PO BOX 1870
    MERRIFIELD,VA22116     		N/A PC AN UNSOLICITED GRANT MADE IN THE NAME OF HELEN BUNDY CARPENTER. 4,000
    EQUAMORE FOUNDATION
    4723 HWY 66
    ASHLAND,OR97520     		N/A PC IN SUPPORT OF PROVIDING CARE FOR ABANDONED, ABUSED AND NEGLECTED HORSES. 7,000
    FRIENDS OF THE OREGON CAVES & CHATEAU
    PO BOX 2195
    GRANTS PASS,OR97528     		N/A PC TOWARD THE RESTORATION OF SAMPLE FURNITURE PIECES. 10,000
    HIV ALLIANCE
    1195A CITY VIEW STREET
    EUGENE,OR97402     		N/A PC TO PROVIDE HIV, HEPATITIS C AND SYPHILIS TESTING, AND TO PROVIDE BASIC NEEDS SUPPORT. 7,000
    ILLINOIS VALLEY RURAL FIRE DISTRICT
    681 CAVES HWY
    CAVE JUNCTION,OR97523     		N/A GOV TOWARD THE COST OF RENTING A CRANE TO COMPLETE THE FIREFIGHTER TRAINING BUILDING. 3,000
    JACKSON COUNTY COMMUNITY SERVICES CONSORTIUM
    PO BOX 1087
    MEDFORD,OR97501     		N/A PC IN SUPPORT OF UPDATING THE BASE (BLACK ALLIANCE SOCIAL EMPOWERMENT) WEBSITE AND CREATING A SERIES OF EDUCATIONAL VIDEOS. 5,000
    JACKSON COUNTY LIBRARY SYSTEM
    205 S CENTRAL AVENUE
    MEDFORD,OR97501     		N/A GOV A GRANT MADE IN MEMORY OF ASV CARPENTER TOWARD THE PURCHASE OF BOOKS. 4,000
    KID TIME DISCOVERY EXPERIENCE
    413 W MAIN STREET
    MEDFORD,OR97501     		N/A PC IN SUPPORT OF A PROGRAM TO TRAIN EARLY CHILDHOOD TEACHERS. 10,000
    MAGDALENE HOME
    PO BOX 255
    MEDFORD,OR97501     		N/A PC GENERAL OPERATING SUPPORT. 3,000
    MIRACLE THEATRE GROUP
    425 SE 6TH AVENUE
    PORTLAND,OR97214     		N/A PC IN SUPPORT OF A BILINGUAL THEATRE RESIDENCY PROGRAM. 3,000
    NONPROFIT ASSOCIATION OF OREGON
    4800 S MACADAM AVENUE
    PORTLAND,OR97239     		N/A PC TO PROVIDE A VARIETY OF RESOURCES AND PROFESSIONAL DEVELOPMENT TO NONPROFITS IN SOUTHERN OREGON. 10,000
    OREGON ALLIANCE OF INDEPENDENT COLLEGES & UNIVERSITIES
    8215 SW TUALATIN SHERWOOD RD STE
    200
    TUALATIN,OR97062     		N/A PC TO PROVIDE SCHOLARSHIPS TO STUDENTS FROM JACKSON AND JOSEPHINE COUNTIES TO ATTEND PRIVATE COLLEGES. 7,150
    PINK LEMONADE PROJECT
    1207 WASHINGTON STREET STE 125
    VANCOUVER,WA98660     		N/A PC TO PROVIDE FINANCIAL ASSISTANCE TO UNDERSERVED PATIENTS TO ACCESS BREAST CANCER TREATMENT. 5,000
    PROJECT YOUTH PLUS
    789 NE 7TH STREET
    GRANTS PASS,OR97528     		N/A PC TOWARD FUNDING A NEW BUSINESS MANAGER STAFF POSITION. 12,650
    ROGUE COMMUNITY COLLEGE FOUNDATION
    3345 REDWOOD HWY
    GRANTS PASS,OR97527     		N/A PC FOR JACKSON & JOSEPHINE COUNTY STUDENT SCHOLARSHIPS. 25,000
    RONALD MCDONALD HOUSE CHARITIES
    2620 N COMMERCIAL AVENUE
    PORTLAND,OR97227     		N/A PC TO REDUCE BARRIERS TO CARE FOR SERIOUSLY ILL CHILDREN BY PROVIDING NO COST LODGING, MEALS AND SUPPORT SERVICES. 5,000
    SCIENCE WORKS HANDS-ON MUSEUM
    1500 E MAIN STREET
    ASHLAND,OR97520     		N/A PC TO PROVIDE FIELD TRIPS TO THE MUSEUM FOR ALL STUDENTS IN TITLE 1 SCHOOLS. 15,000
    SISKIYOU SINGERS
    PO BOX 3041
    ASHLAND,OR97520     		N/A PC IN SUPPORT OF THE PRODUCTION OF MOZART'S CORONATION MASS AND REGINA COELI WITH PROFESSIONAL ORCHESTRA. 5,000
    SOUTHERN OREGON HISTORICAL SOCIETY
    106 N CENTRAL
    MEDFORD,OR97501     		N/A PC TOWARD COSTS ASSOCIATED WITH HIRING A PROFESSIONAL CURATOR OF COLLECTIONS. 7,500
    SOUTHERN OREGON REPERTORY SINGERS
    PO BOX 1091
    ASHLAND,OR97520     		N/A PC IN SUPPORT OF PERFORMANCE COSTS FOR THE 2022-23 CONCERT SEASON. 5,000
    SPARTAN BOXING
    729 WELCH STREET
    MEDFORD,OR97501     		N/A PC GENERAL OPERATING SUPPORT. 9,000
    THE DOME SCHOOL
    PO BOX 812
    CAVE JUNCTION,OR97523     		N/A PC IN SUPPORT OF REPAIRS TO THE DOME SCHOOL FACILITY. 5,000
    WILDLIFE IMAGES
    PO BOX 36
    MERLIN,OR97532     		N/A PC TOWARD THE PURCHASE OF NEW CLASSROOM TABLES FOR CAMP EEK EDUCATIONAL PROGRAMS. 6,000
    YOUTH SYMPHONY OF SOUTHERN OREGON
    PO BOX 4291
    MEDFORD,OR97501     		N/A PC TOWARD SUPPORT FOR THE 2022-23 CONCERT SEASON. 8,500
    Total .................................bullet 3b 204,800
    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 2,180  
    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 ............     		    18 622,750  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aUBI FROM PARTNERSHIPS     		  10,426      
    bNET NON-UBI FROM PARTNERSHIP INVESTMENTS     14 -38,274  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 10,426 1,666,588 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,677,014
    (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:
    THE CARPENTER FOUNDATION
    EIN:
    93-0491360
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 16,900 8,450   8,450

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

    TY 2021 DepreciationSchedule
    Name:
    THE CARPENTER FOUNDATION
    EIN:
    93-0491360
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    TELEPHONE SYSTEM 2000-09-01 2,655 2,655 SL 10.000000000000 0 0    
    CABINETS 1997-11-19 292 292 SL 5.000000000000 0 0    
    2 FILE CABINETS 2000-12-01 300 300 SL 10.000000000000 0 0    
    POSTAGE SCALE 2001-03-01 63 63 SL 5.000000000000 0 0    
    GRANTWRITING SOFTWARE 2001-04-01 5,830 5,830 SL 5.000000000000 0 0    
    CONFERENCE TABLE 2013-09-30 3,514 3,514 SL 7.000000000000 0 0    
    COPIER - KONICA 2017-04-06 5,225 4,441 SL 5.000000000000 784 0    
    CONFERENCE TABLE 2018-12-18 2,130 760 SL 7.000000000000 304 0    

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    THE CARPENTER FOUNDATION
    EIN:
    93-0491360
    Name of Stock End of Year Book Value End of Year Fair Market Value
    COHEN & STEERS PREFERRED SEC & INC FUND 2,308,482 2,060,164
    CRM SMALL/MID CAP VALUE FUND 1,002,958 838,412
    DODGE & COX STOCK FUND 1,041,124 1,517,297
    DODGE & COX INTERNATIONAL STOCK FUND 2,427,259 2,523,935
    JPMORGAN LARGE CAP GROWTH FUND - I 1,693,607 1,303,339
    PIMCO TOTAL RETURN FUND 2,942,891 2,502,931
    T. ROWE PRICE GLOBAL MULTI-SECTOR BOND FUND 2,100,220 1,904,989
    VANGUARD 500 INDEX FUND ADMIRAL SHARES 692,363 1,372,826
    VANGUARD EMERGING MARKETS SELECT STOCK FUND 937,196 1,057,628
    VANGUARD EXTENDED MARKET INDEX 337,074 665,918
    VANGUARD TOTAL INTERNATIONAL STOCK INDEX ADMIRAL 2,135,540 2,270,373

    TY 2021 InvestmentsOtherSchedule2
    Name:
    THE CARPENTER FOUNDATION
    EIN:
    93-0491360
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    NORTHGATE PRIVATE EQUITIES AT COST 19,658 16,241
    NORTHGATE PRIVATE EQUITIES II AT COST 55,905 27,194
    NORTHGATE PRIVATE EQUITIES III AT COST 54,726 64,444
    NORTHGATE VENTURE II AT COST 114,124 208,965
    NORTHGATE VENTURE III AT COST 100,830 191,513
    NORTHGATE VENTURE VII AT COST 484,615 1,156,071
    NORTHGATE IV AT COST 156,043 135,220
    NORTHGATE V AT COST 120,658 465,741

    TY 2021 LandEtcSchedule2
    Name:
    THE CARPENTER FOUNDATION
    EIN:
    93-0491360
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    TELEPHONE SYSTEM 2,655 2,655 0  
    CABINETS 292 292 0  
    2 FILE CABINETS 300 300 0  
    POSTAGE SCALE 63 63 0  
    GRANTWRITING SOFTWARE 5,830 5,830 0  
    CONFERENCE TABLE 3,514 3,514 0  
    COPIER - KONICA 5,225 5,225 0  
    CONFERENCE TABLE 2,130 1,064 1,066  


    TY 2021 OtherAssetsSchedule
    Name:
    THE CARPENTER FOUNDATION
    EIN:
    93-0491360
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DEPOSIT 3,780 3,780 3,780


    TY 2021 OtherExpensesSchedule
    Name:
    THE CARPENTER FOUNDATION
    EIN:
    93-0491360
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TELEPHONE 2,762 1,381   1,381
    OFFICE EXPENSES 8,279 4,140   4,139
    INSURANCE 4,904 981   3,923
    DUES AND SUBSCRIPTIONS 2,303 1,152   1,151
    ANNUAL REPORT 1,699 850   849
    MISCELLANEOUS 404 202   203
    DEFERRED TAX EXPENSE -57,400 0   0
    STATE INCOME TAX -326 0   0


    TY 2021 OtherIncomeSchedule2
    Name:
    THE CARPENTER FOUNDATION
    EIN:
    93-0491360
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    UBI FROM PARTNERSHIPS 10,426   10,426
    NET NON-UBI FROM PARTNERSHIP INVESTMENTS -38,274 -38,274 -38,274


    TY 2021 OtherLiabilitiesSchedule
    Name:
    THE CARPENTER FOUNDATION
    EIN:
    93-0491360
    Description Beginning of Year - Book Value End of Year - Book Value
    ACCRUED EXPENSES 4,883 4,746
    DEFERRED EXCISE TAXES 79,100 21,700
    EXCISE TAX PAYABLE 22,830 3,773


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    THE CARPENTER FOUNDATION
    EIN:
    93-0491360
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 24,278 24,278   0


    TY 2021 TaxesSchedule
    Name:
    THE CARPENTER FOUNDATION
    EIN:
    93-0491360
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OREGON CT-12 2,178 0   2,178
    PROVISION FOR EXCISE TAXES 29,935 0   0