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 10-01-2021 , and ending 09-30-2022
Name of foundation
G R WHITE TRUST XXXXX9003
 
Number and street (or P.O. box number if mail is not delivered to street address)10 S DEARBORN IL1-0111
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL60603
A Employer identification number

75-6094930
B Telephone number (see instructions)

(800) 496-2583
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$45,982,559J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 995,058 995,048  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 589,883
b Gross sales price for all assets on line 6a 10,620,090
7 Capital gain net income (from Part IV, line 2)... 589,883
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 3,469,298 3,469,298  
12 Total. Add lines 1 through 11........ 5,054,239 5,054,229  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 300,008 150,008   150,000
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule)......... Click to see attachment 39,030 0 0 39,030
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 200,084 200,084   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 118,407 23,974   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 167,743 167,743    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 825,272 541,809 0 189,030
25 Contributions, gifts, grants paid....... 3,470,575 3,470,575
26 Total expenses and disbursements. Add lines 24 and 25 4,295,847 541,809 0 3,659,605
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 758,392
b Net investment income (if negative, enter -0-) 4,512,420
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
Page 2
Part II Balance Sheets 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............. 45,458 56,780 56,780
2 Savings and temporary cash investments......... 12,088 614,485 614,485
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
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 bullet0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 24,315,450 Click to see attachment24,030,983 23,796,858
c Investments—corporate bonds (attach schedule)....... 10,962,184 Click to see attachment11,436,272 10,276,218
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........     0
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment21,708 Click to see attachment21,708 Click to see attachment11,238,218
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 35,356,888 36,160,228 45,982,559
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 35,356,888 36,160,228
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)..... 35,356,888 36,160,228
30 Total liabilities and net assets/fund balances (see instructions). 35,356,888 36,160,228
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
35,356,888
2
Enter amount from Part I, line 27a .....................
2
758,392
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
46,628
4
Add lines 1, 2, and 3 ..........................
4
36,161,908
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
1,680
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
36,160,228
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 13337.698 FIDELITY INTL INDX-INST PRM   2021-07-15 2021-10-07
b 22631.32 JPM MANAGED INCOME - INSTL FUND 2119   2021-09-16 2021-11-03
c 18743.086 VANGUARD TTL BD MKT IDX-ADM   2021-01-27 2021-11-03
d 31688.683 VANGUARD TTL BD MKT IDX-ADM     2021-11-03
e 2088.487 FIDELITY 500 INDEX FUND   2018-02-12 2021-12-09
30221.64 VANGUARD TTL BD MKT IDX-ADM     2021-12-09
3576.668 EDGEWOOD GROWTH FUND   2020-07-09 2021-12-17
4330.421 DODGE & COX INCOME FUND   2020-11-09 2022-01-26
465.03 EDGEWOOD GROWTH FUND   2020-07-09 2022-02-15
173. INVESCO QQQ TRUST SERIES 1   2021-06-24 2022-02-15
907. INVESCO QQQ TRUST SERIES 1     2022-02-15
11939.439 T ROWE PR JAPAN FUND-I   2020-02-20 2022-02-24
11713.164 VANGUARD TTL BD MKT IDX-ADM   2019-08-13 2022-03-02
187. INVESCO QQQ TRUST SERIES 1   2021-06-24 2022-03-08
669. INVESCO QQQ TRUST SERIES 1   2020-03-26 2022-03-08
7443. VANGUARD EUROPEAN ETF     2022-03-25
6181. SECTOR SPDR TRUST   2021-02-23 2022-04-05
1029. SECTOR SPDR TRUST   2021-02-23 2022-04-05
562. VANGUARD FINANCIALS VIPERS   2019-04-11 2022-04-13
5183. VANGUARD FINANCIALS VIPERS     2022-04-13
14258.632 T ROWE PR JAPAN FUND-I   2020-02-20 2022-04-26
7915. VANGUARD FINANCIALS VIPERS   2020-05-27 2022-04-26
11410.505 EDGEWOOD GROWTH FUND     2022-05-26
73. VANGUARD EUROPEAN ETF   2021-05-11 2022-06-24
2432. VANGUARD EUROPEAN ETF   2021-05-11 2022-06-24
4490.692 FIDELITY INTL INDX-INST PRM   2021-07-15 2022-07-07
2566.724 FIDELITY INTL INDX-INST PRM   2018-01-30 2022-07-07
2732. ISHARES RUSSELL 1000 VALUE INDEX FD   2021-11-03 2022-07-07
1113. ISHARES RUSSELL 1000 VALUE INDEX FD   2021-03-16 2022-07-07
7825. VANGUARD SHORT-TERM TIPS   2022-03-02 2022-07-07
8307. VANGUARD SHORT-TERM TIPS   2021-04-09 2022-07-07
3609. VANGUARD EUROPEAN ETF     2022-07-11
20637.856 EDGEWOOD GROWTH FUND     2022-08-23
11211.807 OAKMARK INTERNATIONAL-R6   2021-10-07 2022-08-23
3140.02 SCHWAB S&P 500 INDEX-SEL   2021-12-17 2022-09-01
2356. ISHARES MSCI ASIAN EX JAPAN   2017-07-05 2022-09-23
1981. AMEX CONSUMER SVC SELECT SPD   2022-04-26 2022-09-23
961. VANECK OIL SERVICES ETF     2022-09-23
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 655,948   662,483 -6,535
b 226,540   226,992 -452
c 210,485   216,295 -5,810
d 355,864   365,429 -9,565
e 339,087   194,250 144,837
339,087   344,964 -5,877
221,968   165,349 56,619
59,673   64,220 -4,547
23,763   21,498 2,265
61,375   60,639 736
321,465   317,911 3,554
172,167   176,346 -4,179
125,565   130,016 -4,451
60,464   65,545 -5,081
216,312   125,868 90,444
461,408   509,527 -48,119
624,672   564,386 60,286
103,503   93,958 9,545
50,710   37,571 13,139
467,733   329,218 138,515
178,518   210,600 -32,082
679,085   467,124 211,961
446,949   509,474 -62,525
3,887   4,885 -998
130,080   162,745 -32,665
178,325   223,053 -44,728
101,925   116,760 -14,835
403,524   453,762 -50,238
164,393   169,282 -4,889
386,311   405,257 -18,946
410,107   429,070 -18,963
185,523   239,937 -54,414
809,004   791,601 17,403
248,790   319,200 -70,410
192,640   221,968 -29,328
142,994   158,919 -15,925
243,113   261,913 -18,800
196,006   212,192 -16,186
      421,127
      421,127
      421,127
      421,127
      421,127
      421,127
      421,127
      421,127
      421,127
      421,127
      421,127
      421,127
      421,127
      421,127
      421,127
      421,127
      421,127
      421,127
      421,127
      421,127
      421,127
      421,127
      421,127
      421,127
      421,127
      421,127
      421,127
      421,127
      421,127
      421,127
      421,127
      421,127
      421,127
      421,127
      421,127
      421,127
      421,127
      421,127
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       -6,535
b       -452
c       -5,810
d       -9,565
e       144,837
      -5,877
      56,619
      -4,547
      2,265
      736
      3,554
      -4,179
      -4,451
      -5,081
      90,444
      -48,119
      60,286
      9,545
      13,139
      138,515
      -32,082
      211,961
      -62,525
      -998
      -32,665
      -44,728
      -14,835
      -50,238
      -4,889
      -18,946
      -18,963
      -54,414
      17,403
      -70,410
      -29,328
      -15,925
      -18,800
      -16,186
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 589,883
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 62,723
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 62,723
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 75,904
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 18,182
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 94,086
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 31,363
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet31,363 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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletTX
    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 addressbullet  
    14
    The books are in care ofbulletJPMORGAN CHASE BANK NA Telephone no.bullet (800) 496-2583

    Located atbullet10 S DEARBORN IL1-0111CHICAGOIL ZIP+4bullet606032300
    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
    JP MORGAN CHASE BANK N A TRUSTEE
    40     		300,008    
    10 S DEARBORN IL1-0111
    CHICAGO,IL606032300
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    40,659,289
    b
    Average of monthly cash balances.......................
    1b
    2,497,571
    c
    Fair market value of all other assets (see instructions)................
    1c
    11,241,968
    d
    Total (add lines 1a, b, and c).........................
    1d
    54,398,828
    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
    54,398,828
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    815,982
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    53,582,846
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    2,679,142
    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
    2,679,142
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    62,723
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    62,723
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,616,419
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    46,512
    5
    Add lines 3 and 4............................
    5
    2,662,931
    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
    2,662,931
    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 2,662,931
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 2,162,829
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 0
    b From 2017...... 0
    c From 2018...... 0
    d From 2019...... 0
    e From 2020...... 0
    f Total of lines 3a through e ........ 0
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 3,659,605
    a Applied to 2020, but not more than line 2a 2,162,829
    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..... 1,496,776
    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 ..........     		1,166,155
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2017.... 0
    b Excess from 2018.... 0
    c Excess from 2019.... 0
    d Excess from 2020.... 0
    e Excess from 2021.... 0
    Form 990-PF (2021)
    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:
    JPMORGAN CHASE BANK NA
    420 THROCKMORTON ST
    FORT WORTH,TX76102
    (817) 884-4022
    bThe form in which applications should be submitted and information and materials they should include:
    NAME, PURPOSE, AMOUNT, LIST OF DIRECTORS, PURPOSE OF REQUEST
    cAny submission deadlines:
    SEPTEMBER
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    TEXAS
    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
    MCCULLOCH COUNTY HISTORICAL
    THEATER SOCIETY
    PO BOX 1208
    BRADY,TX76825     		NONE PC GENERAL 74,200
    TEXAS STATE UNIVERSITY
    601 UNIVERSITY DR
    San Marcos,TX78666     		NONE PC GENERAL 13,600
    LOHN VALLEY IMPROVEMENT
    ASSOCIATION
    PO BOX 183
    LOHN,TX76852     		NONE PC GENERAL 6,787
    DIOCESAN MIGRANT AND REFUGEE SERVICES
    2400 E YANDELL DR
    El Paso,TX79903     		NONE PC GENERAL 10,000
    MCCULLOCH COUNTY RESOURCE CENTER INC
    1106 S BLACK BURN ST
    Brady,TX76825     		NONE PC GENERAL 20,000
    ROTARY CLUB OF BRADY TEXAS
    105 E 2ND ST
    Brady,TX76825     		NONE PC GENERAL 41,776
    SOUTHWESTERN MEDICAL FDN
    3889 MAPLE AVE STE 100
    Dallas,TX75219     		NONE PC GENERAL 560,000
    METHODIST JUSTICE MINISTRY OF FIRST
    UNITED METHODIST CHURCH
    750 W 5TH ST
    FORTH WORTH,TX76102     		NONE PC GENERAL 10,000
    ROCHELLE VOLUNTEER FIRE DEPARTMENT
    PO BOX 2
    ROCHELLE,TX76872     		NONE PC GENERAL 126,787
    TEXAS WILDLIFE ASSOCFOUND INC
    THE FOREVER FOUNDATION FOR TX WILDLIFE
    3660 THOUSAND OAKS DR 126
    SAN ANTONIO,TX78247     		NONE PC GENERAL 50,000
    BAYLOR HEALTH CARE SYSTEM FOUDATION
    BAYLOR SCOTT & WHITE ALL SAINTS HEALTH F
    2001 BRYAN STREET NO 2200
    DALLAS,TX752013005     		NONE PC GENERAL 337,870
    PARKLAND FOUNDATION INC
    MARSHA BEASLEY
    1341 W MOCKINGBIRD LANE 1100E
    DALLAS,TX75247     		NONE PC GENERAL 33,000
    HUMAN RIGHTS INITIATIVE OF NORTH TEXAS I
    2801 SWISS AVE
    DALLAS,TX75204     		NONE PC GENERAL 100,000
    FIRST BAPTIST CHURCH OF BRADY
    1103 W 17TH ST
    BRADY,TX76825     		NONE PC GENERAL 50,000
    TEXAS SOUTHWEST CATTLE RAISERS ASSOC
    1301 W 7TH ST 201
    FORTH WORTH,TX76102     		NONE PC GENERAL 25,000
    The Family Shelter of McCulloch County
    BRADY
    Brady,TX76825     		NONE PC GENERAL 12,525
    HEART OF TEXAS HISTORICAL MUSEUM INC
    117 N HIGH ST
    BRADY,TX76825     		NONE PC GENERAL 14,500
    LOHN VOLUNTEER FIRE
    PO BOX 248
    LOHN,TX76852     		NONE PC GENERAL 19,438
    MCCULLOCH COUNTY
    101 N HIGH BRADY
    BRADY,TX76825     		NONE GOV GENERAL 30,800
    PLACID COMMUNITY VOLUNTEER
    FIRE DEPARTMENT
    206 FRONT ST
    ROCHELLE,TX76872     		NONE PC GENERAL 75,000
    ST STEPHENS EPISCOPAL SCHOOL
    6500 ST STEPHENS DR
    AUSTIN,TX78746     		NONE PC GENERAL 110,000
    TEXAS A AND M FOUNDATION
    401 GEORGE BUSH DR
    COLLEGE STATION,TX77840     		NONE PC GENERAL 805,425
    TEXAS BAPTIST MEN INC
    5351 CATRON DR
    DALLAS,TX75227     		NONE PC GENERAL 20,000
    UNIVERSITY OF TEXAS SCHOOL OF LAW
    FOUNDATION
    727 E DEAN KEETON ST
    AUSTIN,TX78705     		NONE PC GENERAL 315,000
    VOCA COMMUNITY CENTER
    P O BOX 103
    VOCA,TX76887     		NONE PC GENERAL 15,027
    MCCULLOCH COUNTY LIBRARY ASSOCIATION INC
    PO BOX 505
    BRADY,TX76825     		NONE PC GENERAL 28,427
    MCCULLOCH COUNTY SENIOR CITIZENS
    ASSOCIATION INC
    214 W LOCKHART
    BRADY,TX76825     		NONE PC GENERAL 10,000
    MISSION BRADY
    801 SAN ANGELO HWY
    BRADY,TX76825     		NONE PC GENERAL 45,000
    VOCA VOLUNTEER FIRE DEPARTMENT
    PO BOX 135
    VOCA,TX76887     		NONE PC GENERAL 75,413
    TEXAS TECH UNIVERSITY
    2500 BROADWAY
    LUBBOCK,TX79409     		NONE PC GENERAL 360,000
    RIVERBEND RETREAT CENTER
    1232 CO RD 411B
    GLEN ROSE,TX76043     		NONE PC GENERAL 20,000
    BLUEBONNETT CASA
    205 N LIVE OAK ST
    MASON,TX76856     		NONE PC GENERAL 5,000
    BRADY VOLUNTEER FIRE DEPARTMENT
    216 W COMMERCE ST
    BRADY,TX76825     		NONE PC GENERAL 20,000
    CASA CARE INC
    30 HOWE AVE
    PASSAIC,NJ07055     		NONE PC GENERAL 30,000
    Total .................................bullet 3a 3,470,575
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    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 ............     		    18 589,883  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aROYALTY INCOME     		    15 3,414,673  
    bRENTAL INCOME     16 475  
    cOTHER INCOME     1 35,000  
    dFARM INCOME     1 19,150  
    e
    12 Subtotal. Add columns (b), (d), and (e) ..   5,054,239  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    5,054,239
    (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 InvestmentsCorpBondsSchedule
    Name:
    G R WHITE TRUST XXXXX9003
    EIN:
    75-6094930
    Name of Bond End of Year Book Value End of Year Fair Market Value
    921937603 VANGUARD TTL BD MKT 5,464,502 4,909,480
    808524870 SCHWAB U.S. TIPS ETF 1,605,927 1,447,551
    256210105 DODGE & COX INCOME-I 1,414,407 1,239,653
    48121A415 JPM MANAGED INCOME F 1,120,538 1,111,600
    693390700 PIMCO TOTAL RETURN F 868,088 725,878
    258620566 DOUBLELINE TTL RTRN 962,810 842,056
    922020805 VANGUARD SHORT-TERM    

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    G R WHITE TRUST XXXXX9003
    EIN:
    75-6094930
    Name of Stock End of Year Book Value End of Year Fair Market Value
    315911750 FIDELITY 500 INDEX F 4,908,541 5,870,221
    464288182 ISHARES MSCI ALL COU    
    701769408 PARNASSUS CORE EQUIT 1,966,866 2,216,619
    46429B598 ISHARES MSCI INDIA E 300,876 377,786
    922908629 VANGUARD MID-CAP ETF 737,809 879,182
    315911727 FIDELITY INTL INDX-I 2,805,586 2,269,404
    46434G822 ISHARES MSCI JAPAN E 1,526,276 1,289,787
    46434G103 ISHARES CORE MSCI EM 2,336,194 1,828,971
    46090E103 INVESCO QQQ TRUST SE 1,532,855 1,864,673
    92189F106 VANECK GOLD MINERS E 529,662 314,718
    92204A405 VANGUARD FINANCIALS    
    0075W0759 EDGEWOOD GROWTH FUND    
    464287598 ISHARES RUSSELL 1000 1,572,470 1,632,696
    577130818 MATTHEWS CHINA FUND- 386,087 267,959
    77956H286 T ROWE PR JAPAN FUND    
    77956H385 T ROWE PRICE NEW ASI 469,729 365,260
    81369Y209 HEALTH CARE SELECT S 1,511,338 1,765,057
    413838574 OAKMARK INTERNATIONA 870,243 733,375
    81369Y704 INDUSTRIAL SELECT SE    
    922042874 VANGUARD FTSE EUROPE 1,305,045 984,979
    46429B671 ISHARES MSCI CHINA E 651,152 456,286
    92189H607 VANECK OIL SERVICES 620,254 679,885

    TY 2021 LegalFeesSchedule
    Name:
    G R WHITE TRUST XXXXX9003
    EIN:
    75-6094930
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES - PRINCIPAL (ALLOCA 39,030     39,030


    TY 2021 OtherAssetsSchedule
    Name:
    G R WHITE TRUST XXXXX9003
    EIN:
    75-6094930
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    83F288456 WHITE-BAKER PECOS CN 8,707 8,707 153,250
    XXX-XX-XXXX WHITE-BAKER PECOS CO 12,854 12,854 451,250
    XXX-XX-XXXX SEC 43 & 44 GC&SF SV 1 1 1
    XXX-XX-XXXX SEC 10 T&P SVY MARTI 1 1 1
    XXX-XX-XXXX SEC 54 CCSD&RGNG SVY 1 1 1
    XXX-XX-XXXX TC RR SVY & GC&SF SV 1 1 1
    XXX-XX-XXXX SEC 19 & 21 TC RY SV 1 1 1
    XXX-XX-XXXX SEC 21 J GIBSON SVY 1 1 1
    XXX-XX-XXXX SEC 27,28&29 T&P SVY 1 1 1
    XXX-XX-XXXX GC&SF RY CO SVY PECO 1 1 1
    XXX-XX-XXXX PECOS COUNTY, TEXAS 1 1 1
    XXX-XX-XXXX SEC 551 GARZA CO SVY 1 1 1
    XXX-XX-XXXX TC RY CO SVY PECOS C 1 1 1
    XXX-XX-XXXX SEC 2 TC RY CO SVY P 1 1 1
    XXX-XX-XXXX SEC 37 TC RY CO SVY 1 1 1
    XXX-XX-XXXX SEC 3 TC RY CO SVY P 1 1 1
    XXX-XX-XXXX SEC 1 GC & SF RY SVY 1 1 1
    XXX-XX-XXXX SEC 2 TC RY CO SVY P 1 1 1
    XXX-XX-XXXX SEC 42 H&GN RY SVY P 1 1 1
    XXX-XX-XXXX SECTIONS 8, 9, 11, 1 1 1 1
    XXX-XX-XXXX T&P RR SVY MARTIN & 1 1 1
    XXX-XX-XXXX SEC 3 TC RY CO SVY P 1 1 1
    XXX-XX-XXXX BLK 48 T&P RR CO SVY 1 1 1
    XXX-XX-XXXX J L SCOTT SVY BROWN 1 1 1
    XXX-XX-XXXX BLK Z TC RY CO SVY P 1 1 1
    XXX-XX-XXXX SEC 42 GC & SF RY SV 1 1 1
    XXX-XX-XXXX BLK Z TC RY CO SVY P 1 1 1
    XXX-XX-XXXX SEC 93&95 GC & SF SV 1 1 1
    XXX-XX-XXXX SEC23 T&P SVY HOWARD 1 1 1
    XXX-XX-XXXX GC&SF SVY PECOS CO T 1 1 1
    XXX-XX-XXXX 22,372.80 ACRES PECO 1 1 1
    XXX-XX-XXXX SEC 4 T&P RR SVY MAR 1 1 1
    XXX-XX-XXXX H&GN RY SVY SEC 49 P 1 1 1
    XXX-XX-XXXX JOHN PACE SVY A-247 1 1 1
    XXX-XX-XXXX T.C. RY CO SVY PECOS 1 1 1
    XXX-XX-XXXX .015625 MI 325.5 ACS 1 1 1
    XXX-XX-XXXX ALL OF SEC 33, BLK Z 1 1 1
    XXX-XX-XXXX SECTION 88, BLOCK 19 1 1 1
    XXX-XX-XXXX TC RR SVY, A-7058, S 1 1 1
    XXX-XX-XXXX SECTION 42, BLOCK 11 1 1 1
    XXX-XX-XXXX NORTH 352 ACRES OF S 1 1 1
    XXX-XX-XXXX S/2 OF SECTION 10, B 1 1 1
    XXX-XX-XXXX GRW FORD RANCH MINER   0 785,000
    XXX-XX-XXXX .25 ACRES IN THE HRS 1 1 1
    XXX-XX-XXXX C. STARTZ SVY CONCHO 1 1 1
    XXX-XX-XXXX MCCULLOCH COUNTY, TE 1 1 1
    XXX-XX-XXXX STATE SCHOOL SECTION 1 1 1
    XXX-XX-XXXX WEST 165.08 ACRES OF 1 1 1
    XXX-XX-XXXX WEST 166.67 ACRES OF 1 1 1
    XXX-XX-XXXX 100.51 ACRES IN THE 1 1 1
    XXX-XX-XXXX 104.87 ACRES IN THE 1 1 1
    XXX-XX-XXXX 114.05 ACRES IN THE 1 1 1
    XXX-XX-XXXX 118.77 ACRES IN THE 1 1 1
    XXX-XX-XXXX 1200 ACRES MENARD CO 1 1 1
    XXX-XX-XXXX 123.66 ACRES IN THE 1 1 1
    XXX-XX-XXXX 128.97 ACRES IN THE 1 1 1
    XXX-XX-XXXX 137.40 ACRES IN THE 1 1 1
    XXX-XX-XXXX 149.89 ACRES IN BLOC 1 1 1
    XXX-XX-XXXX 160.39 ACRES IN THE 1 1 1
    XXX-XX-XXXX 160.75 ACRES IN BLOC 1 1 1
    XXX-XX-XXXX 162.19 ACRES IN THE 1 1 1
    XXX-XX-XXXX 164.36 ACRES IN THE 1 1 1
    XXX-XX-XXXX 164.475 ACRES, W/2 G 1 1 1
    XXX-XX-XXXX 169.89 ACRES IN THE 1 1 1
    XXX-XX-XXXX 172.01 ACRES IN THE 1 1 1
    XXX-XX-XXXX 2.85 ACRES IN THE BS 1 1 1
    XXX-XX-XXXX 20.51 ACRES IN THE D 1 1 1
    XXX-XX-XXXX 233.15 ACRES IN THE 1 1 1
    XXX-XX-XXXX 237.74 ACRES IN BLOC 1 1 1
    XXX-XX-XXXX 24.26 ACRES IN THE H 1 1 1
    XXX-XX-XXXX 2413.78 AC CONCHO/MC 1 1 1
    XXX-XX-XXXX 259.98 ACRES IN THE 1 1 1
    XXX-XX-XXXX 269.84 ACRES IN THE 1 1 1
    XXX-XX-XXXX 274.60 ACRES IN THE 1 1 1
    XXX-XX-XXXX 275.99 ACRES IN THE 1 1 1
    XXX-XX-XXXX 323.53 ACRES IN THE 1 1 1
    XXX-XX-XXXX 323.69 ACRES IN THE 1 1 1
    XXX-XX-XXXX 323.79 ACRES IN THE 1 1 1
    XXX-XX-XXXX 323.83 ACRES IN THE 1 1 1
    XXX-XX-XXXX 324.33 ACRES IN THE 1 1 1
    XXX-XX-XXXX 324.92 ACRES IN THE 1 1 1
    XXX-XX-XXXX 325.46 ACRES IN THE 1 1 1
    XXX-XX-XXXX 326 ACRES IN THE P M 1 1 1
    XXX-XX-XXXX 326.19 ACRES IN THE 1 1 1
    XXX-XX-XXXX 326.31 ACRES IN THE 1 1 1
    XXX-XX-XXXX 326.62 ACRES IN BLOC 1 1 1
    XXX-XX-XXXX 326.72 ACRES IN THE 1 1 1
    XXX-XX-XXXX 327.77 ACRES IN BLOC 1 1 1
    XXX-XX-XXXX 327.95 ACRES IN THE 1 1 1
    XXX-XX-XXXX 327.97 ACRES IN THE 1 1 1
    XXX-XX-XXXX 328.48 ACRES IN THE 1 1 1
    XXX-XX-XXXX 328.78 ACRES IN THE 1 1 1
    XXX-XX-XXXX 329.27 ACRES, E/2 CS 1 1 1
    XXX-XX-XXXX 329.97 ACRES IN BLOC 1 1 1
    XXX-XX-XXXX 330.07 ACRES IN BLOC 1 1 1
    XXX-XX-XXXX 334.14 ACRES IN THE 1 1 1
    XXX-XX-XXXX 334.37 ACRES IN THE 1 1 1
    XXX-XX-XXXX 334.41 ACRES IN BLOC 1 1 1
    XXX-XX-XXXX 336.81 ACRES IN THE 1 1 1
    XXX-XX-XXXX 34.60 ACRES IN THE G 1 1 1
    XXX-XX-XXXX 340 AC H&TC SVY MCCU 1 1 1
    XXX-XX-XXXX 364.10 ACRES IN THE 1 1 1
    XXX-XX-XXXX 365.19 ACRES IN THE 1 1 1
    XXX-XX-XXXX 366.22 ACRES IN THE 1 1 1
    XXX-XX-XXXX 392.28 ACRES IN BLOC 1 1 1
    XXX-XX-XXXX 4.00 ACRES IN THE H& 1 1 1
    XXX-XX-XXXX 4.11 ACRES IN THE J 1 1 1
    XXX-XX-XXXX 4.71 ACRES IN THE G 1 1 1
    XXX-XX-XXXX 43.25 ACRES IN THE H 1 1 1
    XXX-XX-XXXX 457.58 ACRES IN THE 1 1 1
    XXX-XX-XXXX 47.88 ACRES IN THE D 1 1 1
    XXX-XX-XXXX 475.30 ACRES IN THE 1 1 1
    XXX-XX-XXXX 496.4 ACRES H&TC RR 1 1 1
    XXX-XX-XXXX 530.49 ACRES IN BLOC 1 1 1
    XXX-XX-XXXX 538.25 ACRES IN THE 1 1 1
    XXX-XX-XXXX 539.3 ACRES IN THE H 1 1 1
    XXX-XX-XXXX 54.15 ACRES IN THE G 1 1 1
    XXX-XX-XXXX 544.93 ACRES IN THE 1 1 1
    XXX-XX-XXXX 55.31 ACRES IN THE G 1 1 1
    XXX-XX-XXXX 556.35 ACRES IN THE 1 1 1
    XXX-XX-XXXX 58.85 ACRES IN THE J 1 1 1
    XXX-XX-XXXX 6.04 ACRES IN THE F 1 1 1
    XXX-XX-XXXX 63.90 ACRES IN THE C 1 1 1
    XXX-XX-XXXX 630.80 ACRES IN THE 1 1 1
    XXX-XX-XXXX 649 AC J GIBSON MCCU 1 1 1
    XXX-XX-XXXX 651.07 ACRES IN BLOC 1 1 1
    XXX-XX-XXXX 651.96 ACRES IN BLOC 1 1 1
    XXX-XX-XXXX 654.45 ACRES IN THE 1 1 1
    XXX-XX-XXXX 654.52 ACRES IN BLOC 1 1 1
    XXX-XX-XXXX 654.67 ACRES IN THE 1 1 1
    XXX-XX-XXXX 655.78 ACRES IN THE 1 1 1
    XXX-XX-XXXX 656.21 ACRES IN THE 1 1 1
    XXX-XX-XXXX 656.63 ACRES IN THE 1 1 1
    XXX-XX-XXXX 657.95 ACRES IN THE 1 1 1
    XXX-XX-XXXX 660.88 ACRES IN THE 1 1 1
    XXX-XX-XXXX 661.01 ACRES IN THE 1 1 1
    XXX-XX-XXXX 662.23 ACRES IN THE 1 1 1
    XXX-XX-XXXX 662.57 ACRES IN THE 1 1 1
    XXX-XX-XXXX 664.31 ACRES IN THE 1 1 1
    XXX-XX-XXXX 67.17 ACRES IN THE B 1 1 1
    XXX-XX-XXXX 676.3 ACRES IN THE G 1 1 1
    XXX-XX-XXXX 8.86 ACRES IN THE G 1 1 1
    XXX-XX-XXXX 802 AC FISHER SVY MC 1 1 1
    XXX-XX-XXXX 93.04 ACRES IN BLOCK 1 1 1
    XXX-XX-XXXX 96.83 ACRES IN THE J 1 1 1
    XXX-XX-XXXX 97.2 ACRES IN THE H& 1 1 1
    XXX-XX-XXXX M CUMMINGS SVY MCCUL 1 1 1
    XXX-XX-XXXX 44.69 ACRES IN THE D 1 1 1
    XXX-XX-XXXX 16.64 ACRES IN THE F 1 1 1
    XXX-XX-XXXX SEC 145 BLOCK 72 T&N 1 1 1
    MINERAL ASSETS-P71939006   0 80,157
    MINERAL ASSETS-R76999003   0 9,768,414


    TY 2021 OtherDecreasesSchedule
    Name:
    G R WHITE TRUST XXXXX9003
    EIN:
    75-6094930
    Description Amount
    MUTUAL FUND ADJUSTMENT 1,679
    ROUNDING 1


    TY 2021 OtherExpensesSchedule
    Name:
    G R WHITE TRUST XXXXX9003
    EIN:
    75-6094930
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MINTERAL INT-PRODUCTION TAX 127,784 127,784   0
    MINERAL INT-AD VALOREM TAX 34,402 34,402   0
    ROYALTY - OTHER EXPENSES 4,609 4,609   0
    FARM - TAXES 434 434   0
    FARM - INSURANCE 418 418   0
    FARM - OTHER EXPENSES 96 96   0


    TY 2021 OtherIncomeSchedule2
    Name:
    G R WHITE TRUST XXXXX9003
    EIN:
    75-6094930
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ROYALTY INCOME 3,414,673 3,414,673  
    RENTAL INCOME 475 475  
    OTHER INCOME 35,000 35,000  
    FARM INCOME 19,150 19,150  


    TY 2021 OtherIncreasesSchedule
    Name:
    G R WHITE TRUST XXXXX9003
    EIN:
    75-6094930
    Description Amount
    RECOVERY OF PRIOR YEAR GRANTS 46,512
    COST BASIS ADJUSTMENT 116


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    G R WHITE TRUST XXXXX9003
    EIN:
    75-6094930
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMNT MNGMNT FEES (NON-DED 200,084 200,084    


    TY 2021 TaxesSchedule
    Name:
    G R WHITE TRUST XXXXX9003
    EIN:
    75-6094930
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL TAX PAYMENT - PRIOR YE 18,529 0   0
    FEDERAL ESTIMATES - INCOME 75,904 0   0
    FOREIGN TAXES ON QUALIFIED FOR 16,829 16,829   0
    FOREIGN TAXES ON NONQUALIFIED 7,145 7,145   0