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 12-01-2021 , and ending 11-30-2022
Name of foundation
THE STARE FUND
 
Number and street (or P.O. box number if mail is not delivered to street address)ROPES GRAY 800 BOYLSTON ST
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BOSTON, MA021993600
A Employer identification number

04-6026648
B Telephone number (see instructions)

(671) 951-7000
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$11,110,138J 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 519 519  
4 Dividends and interest from securities... 296,511 239,129  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 61,670
b Gross sales price for all assets on line 6a 4,688,726
7 Capital gain net income (from Part IV, line 2)... 61,687
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 358,700 301,335  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 30,277 18,167   12,110
c Other professional fees (attach schedule).... Click to see attachment 50,090 37,568   12,522
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 22,731 3,929   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 70 0   70
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 103,168 59,664   24,702
25 Contributions, gifts, grants paid....... 626,337 626,337
26 Total expenses and disbursements. Add lines 24 and 25 729,505 59,664   651,039
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -370,805
b Net investment income (if negative, enter -0-) 241,671
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............. 320 322 322
2 Savings and temporary cash investments......... 78,997 8,204 8,204
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 2,701,578 Click to see attachment2,699,999 3,810,062
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).......... 6,904,322 Click to see attachment6,598,473 7,291,550
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 9,685,217 9,306,998 11,110,138
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 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........ 9,685,217 9,306,998
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 9,685,217 9,306,998
30 Total liabilities and net assets/fund balances (see instructions). 9,685,217 9,306,998
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
9,685,217
2
Enter amount from Part I, line 27a .....................
2
-370,805
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
9,314,412
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
7,414
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
9,306,998
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 SALE OF PUBLICLY TRADED SECURITIES P    
b SALE OF PUBLICLY TRADED SECURITIES P    
c APPLE INC P 2009-06-22 2022-05-19
d APPLE INC P 2009-06-22 2022-11-03
e APPLE INC P 2009-06-22 2022-11-29
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 3,174,303   3,176,926 -2,623
b 1,146,072   1,448,458 -302,386
c 8,678   317 8,361
d 14,538   523 14,015
e 22,818   815 22,003
322,317     322,317
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       -2,623
b       -302,386
c       8,361
d       14,015
e       22,003
      322,317
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 61,687
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 3,359
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 3,359
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 16,760
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 16,760
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 13,401
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet13,401 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
 
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)
    bulletMA
    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 addressbulletN/A
    14
    The books are in care ofbulletCHOATE HALL STEWART CAMERON CASE Telephone no.bullet (617) 248-5000

    Located atbullet2 INTERNATIONAL PLBOSTONMA ZIP+4bullet02110
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
     
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    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
    MARY S WILKINSON TRUSTEE
    0.30     		0 0 0
    C/O ROPES WEALTH ADVISORS 800
    BOYLSTON ST
    BOSTON,MA021993600
    DAVID S STARE TRUSTEE
    0.30     		0 0 0
    C/O ROPES WEALTH ADVISORS 800
    BOYLSTON ST
    BOSTON,MA021993600
    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
    BNY MELLON INVESTMENT MANAGEMENT 50,090
    ONE BOSTON PLACE 10TH FLOOR
    BOSTON,MA02108
    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 N/A 0
    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
    12,002,476
    b
    Average of monthly cash balances.......................
    1b
    107,598
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    12,110,074
    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
    12,110,074
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    181,651
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    11,928,423
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    596,421
    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
    596,421
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    3,359
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,359
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    593,062
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    593,062
    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
    593,062
    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 7 593,062
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 626,337
    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$ 651,039
    a Applied to 2020, but not more than line 2a 626,337
    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..... 24,702
    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 ..........     		568,360
    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 email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    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
    AMERICAN CANCER SOCIETY
    1451 GUERNEVILLE RD SUITE 220
    SANTA ROSA,CA95403     		NONE PC UNRESTRICTED 10,000
    AMERICAN CIVIC LIBERTY UNION
    125 BROAD STREET 18TH FLOOR
    NEW YORK,NY10004     		NONE PC GENERAL PURPOSES OF THE FOUNDATION 2,000
    BLUE HILL SOCIETY FOR AID TO CHILDREN INC
    P O BOX 472
    BLUE HILL,ME04614     		NONE PC NICHOLS DEVELOPMENT FUND 7,000
    CAREER TECHNICAL EDUCATION FOUNDATION
    1030 APOLLO WAY
    SANTA ROSA,CA95407     		NONE PC GENERAL PURPOSES OF THE FOUNDATION 15,000
    CATHOLICA CHARITIES
    987 AIRWAY COURT
    SANTA ROSA,CA95403     		NONE PC GENERAL PURPOSES OF THE FOUNDATION 20,000
    CHICAGO JAZZ ORCHESTRA ASSOCIATION
    6051 NORTH MOZART STREET 3
    CHICAGO,IL606592593     		NONE PC UNRESTRICTED 168,779
    DURHAM PUBLIC LIBRARY
    7 MAPLE AVENUE
    DURHAM,CT064222112     		NONE PC UNRESTRICTED 6,000
    FRIEND MEMORIAL PUBLIC LIBRARY
    1 REACH ROAD
    BROOKLIN,ME04616     		NONE PC UNRESTRICTED 6,000
    GILDAS CLUB CHICAGO (FRIENDS OF MARLENE)
    537 N WELLS ST
    CHICAGO,IL60654     		NONE PC TO ENSURE THAT ALL PEOPLE IMPACTED BY CANCER ARE EMPOWERED BY KNOWLEDGE, STRENGTHENED BY ACTION AND SUSTAINED BY COMMUNITY. 2,000
    GLOBAL PARTNERS FOR DEVELOPMENT
    320 PROFESSIONAL CENTER DRIVE SUITE
    120
    ROHNERT PARK,CA94928     		NONE PC UNRESTRICTED 35,000
    HEALDSBURG JAZZ
    P 0 BOX 261
    HEALDSBURG,CA95448     		NONE PC ANNUAL JAZZ FESTIVAL 5,000
    HEALTH HORIZONS INTERNATIONAL FOUNDATION INC
    314 MAIN ST
    OAKVILLE,CT06779     		NONE PC UNRESTRICTED 60,000
    HEARTHSTONE VILLAGE
    P O BOX 933
    UKIAH,CA95482     		NONE PUBLIC CHARITY FAMILY SERVICES 15,279
    JEWISH FAMILY SERVICE OF METROWEST
    256 COLUMBIA TURNPIKE STE 105
    FLORHAM PARK,NJ07932     		NONE PC PROVIDE SOCIAL SERVICES TO ENHANCE THE INDEPENDENCE AND WELL-BEING OF INDIVIDUALS AND FAMILITES. 15,000
    KISMET ROCK FOUNDATION
    P O BOX 1744
    NORTH CONWAY,NH03860     		NONE PC UNRESTRICTED 5,000
    KRCB PUBLIC RADIO
    5850 LABATH AVE
    ROHNERT PARK,CA94928     		NONE PC UNRESTRICTED 10,000
    LSU FOUNDATION
    3796 NICHOLSON DRIVE
    BATON ROUGE,LA70802     		NONE PC GENERAL PURPOSES OF THE FOUNDATION 24,000
    LUTHER BURBANK CENTER FOR THE ARTS
    50 MARK WEST SPRINGS ROAD
    SANTA ROSA,CA95403     		NONE PC TO ENRICH, EDUCATE, AND ENTERTAIN CHILDREN AND ADULTS THROUGH ACCESSIBLE AND OUTSTANDING PRESENTATION OF ARTS, FAMILY AND ENTERTAINMENT PERFORMANCES, EDUCATION PROGRAMS, VISUAL ARTS AND COMMUNITY USE OF FACILITIES. 1,000
    MAINE COAST HERITAGE TRUST
    1 BOWDOIN MILL ISLAND STE 201
    TOPSHAM,ME04086     		NONE PC CONSERVES AND STEWARDS MAINE'S COASTAL LANDS AND ISLANDS. 6,000
    MAINE NARROW GAUGE MUSEUM
    49 THAMES ST
    PORTLAND,ME04101     		NONE PC PRESERVES AND OPERATES HISTORIC TWO-FOOT GAUGE RAILROAD EQUIPMENT FOR THE EDUCATION AND ENJOYMENT OF THE PUBLIC. 2,000
    MALTA HOUSE OF CARE FOUNDATION INC
    19 WOODLAND ST SUITE 37
    HARTFORD,CT06105     		NONE PC UNRESTRICTED 15,000
    MASSACHUSETTS INSTITUTE OF TECHNOLOGY
    600 MEMORIAL DRIVE
    CAMBRIDGE,MA021394822     		NONE PC UNRESTRICTED 5,000
    MULTIPLE SCLEROSIS SOCIETY
    733 THIRD AVENUE 3RD FLOOR
    NEW YORK,NY10017     		NONE PC MULTIPLE SCLEROSIS RESEARCH PROJECTS 10,000
    NATICK SERVICE COUNCIL INC
    2 WEBSTER STREET
    NATICK,MA01760     		NONE PC GENERAL PURPOSES OF THE FOUNDATION 7,779
    NATIONAL ASSOCIATION OF RAILROAD PASSENGERS
    1200 G STREET NW SUITE 240
    WASHINGTON,DC20005     		NONE PC IMPROVE & EXPAND CONVENTIONAL INTERACTIVE PASSENGER TRAIN SERVICE. SUPPORT STARTUP ONE HIGH SPEED RAIL LINE.INCREASE CONNECTIVITY AMONG ALL FORMS OF TRANSPORTATION. IMPROVE SAFETY FOR TRAINS AND PASSENGERS. 2,000
    NATURE CONSERVANCY INC
    24245 N FAIRFAX DR STE 100
    ARLINGTON,VA222031606     		NONE PC CONSERVE THE LANDS AND WATERS ON WHICH ALL LIFE DEPANDS 3,000
    NEW ENGALND GRASSROOTS ENVIRONMENT FUND INC
    PO BOX 611
    NEWMARKET,NH03857     		NONE PC HELP TO CREATE HEALTHY AND SUSTAINABLE COMMUNITIES THROUGHOUT NEW ENGLAND. 10,000
    NORTWESTERN UNIVERSITY
    633 CLARK ST
    ENAVSTON,IL60208     		NONE PC GENERAL PURPOSE OF THE FOUNDATION 20,000
    PLANNED PARENTHOOD
    123 WILLIAM STREET 10TH FLOOR
    NEW YORK,NY10038     		NONE PC GENERAL PURPOSE OF THE FOUNDATION 5,000
    RAVEN PERFORMING ARTS THEATRE
    115 NORTH ST
    HEALDSBURG,CA95448     		NONE PC HEALDSBURG SENIOR CENTER 5,000
    SANTA ROSA SYMPHONY ORCHESTRA ASSOCIATION
    50 SANTA ROSA AVE
    SANTA ROSA,CA95404     		NONE PC UNRESTRICTED 25,000
    SONOMA STATE UNIVERSITY ACADEMIC FOUNDATION INC
    1801 E COTATI AVE
    ROHNERT PARK,CA94928     		NONE PUBLIC CHARITY GENERAL PURPOSES OF THE FOUNDATION 3,000
    SOUTHERN POVERTY LAW CENTER INC
    400 WASHINGTON AVE
    MONTGOMERY,AL36104     		NONE PC DEDICATED TO FIGHTING HATE AND BIGOTRY AND TO SEEKING JUSTICE FOR VULNERABLE MEMBERS OF OUR SOCIETY 6,000
    ST VINCENT DE PAUL PLACE
    615 MAIN ST
    MIDDLETOWN,CT06457     		NONE PC AMAZING FOOD PANTRY 12,000
    TRAD JASS - TRADITIONAL RAGTIME & DIXIELAND JAZZ APPREC & STRUTTERS SOC
    P O BOX 2861
    SANTA ROSA,CA95405     		NONE PC UNRESTICTED 5,000
    TRUSTEES OF PHILLIPS ACADEMY
    180 MAIN ST
    ANDOVER,MA01810     		NONE PC GENERAL PURPOSES OF THE FOUNDATION 5,000
    UNIVERSITY OF COLORADO FOUNDATION
    1800 GRANT ST SUITE 725
    DENVER,CO80203     		NONE PC COLLEGIATE RECOVERY CENTER 15,000
    WINN PARISH LIBRARY
    205 WEST MAIN ST
    WINNFIELD,LA714832718     		NONE PC JOYCE LOVE ALLEN STARE CHILDREN'S ROOM 6,000
    ROOSEVELT UNIVERSITY
    430 SOUTH MICHIGAN AVENUE
    CHICAGO,IL60605     		NONE PC GENERAL PURPOSES OF THE INSTITUTION 40,000
    BENJAMIN FRANKLIN INSTITUTE OF TECHNOLOGY
    41 BERKELEY STREET
    BOSTON,MA02116     		NONE PC OFFER EDUCATION TO STUDENTS PURSUING CARRER-BASED PATHS 10,000
    HEALDSBURG CENTER FOR THE ARTS
    334 CENTER ST
    HEALDSBURG,CA95448     		NONE PC TO PROMOTE VARIOUS FORMS OF ART IN SONOMA COUNTY, CALIFORNIA 1,500
    Total .................................bullet 3a 626,337
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 519  
    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 61,670  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 358,700 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    358,700
    (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 STARE FUND
    EIN:
    04-6026648
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ROPES & GRAY - TAX PREPARATION SERVICES 18,063 10,838   7,225
    ROPES & GRAY - ACCOUNTING/BOOKKEEPING 12,214 7,329   4,885

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    THE STARE FUND
    EIN:
    04-6026648
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABS (ABT) 36,064 40,773
    ABBVIE INC (ABBV) 53,769 102,188
    ACCENTURE PLC CL A (AC) 56,087 53,866
    ADVANCED MICRO DEVICES INC (AMD) 12,982 36,952
    ALPHABET INC CL A (GOOGL)-FORMERLY GOOGLE CL A 14,547 74,733
    ALTRIA GROUP INC 55,891 47,046
    AMAZON COM INC (AMZN) 15,441 50,780
    AMERICAN INTERNATIONAL GROUP (AIG) 40,169 63,110
    AMERIPRISE FINANCIAL INC (AF) 39,837 58,091
    APPLE INC (AAPL) 4,170 122,717
    AT&T 60,171 61,118
    BAKER HUGHES CO 20,769 18,863
    BANK OF AMERICA CORP (BAC) 22,455 42,771
    BOEING CO (BA) 16,367 20,035
    BOSTON SCIENTIFIC CORP (BSX) 36,788 38,932
    CELANESE CORP COMMON (CE) 42,717 42,276
    CHEVRON CORP (CVX) 26,840 47,294
    CME GROUP INC (CME) 51,874 47,479
    COCA COLA CO (KO) 69,139 75,696
    COSTCO WHOLESALE CORP (COST) 36,608 56,082
    CSX CORP (CSX) 31,155 42,497
    DEERE & CO (DE) 30,898 79,380
    EATON CORP PLC (ETN) 35,090 65,053
    EXELON CORP (EXC) 26,799 34,337
    GENERAL MLS INC 39,629 41,797
    HOME DEPOT INC (HD) 19,896 37,583
    HONEYWELL INTERNATIONAL INC (HON) 58,111 75,086
    ILLINOIS TOOL WKS INC (ITW) 37,075 55,958
    JP MORGAN CHASE & CO (JPM) 29,579 71,163
    KLA CORP (KLAC) 16,639 38,922
    LAS VEGAS SANDS CORP 44,543 58,550
    LAUDER ESTEE COS CL-A 44,252 37,255
    LILLY ELI & CO (LLY) 42,918 77,927
    MARRIOTT INTERNATIONAL INC (MI) 22,415 23,645
    MASTERCARD INC-A (MC) 114,413 119,750
    MCDONALDS CORP 74,940 78,018
    MGM RESORTS INTERNATIONAL (MGM) 24,820 35,754
    MICRON TECHNOLOGY INC (MU) 68,892 87,628
    MICROSOFT CORP (MSFT) 24,555 188,038
    NEXTERA ENERGY INC (NEE) 30,756 40,487
    NIKE INC-CLASS B (NKE.BE) 29,924 38,830
    PIONEER NATURAL RESOURCES CO (PXD) 21,991 37,050
    PROCTOR & GAMBLE CO 22,802 23,120
    RAYTHEON TECHNOLOGIES CORP (RT) 44,890 57,258
    S&P GLOBAL INC (SPGI) 24,769 39,866
    SYNCHRONY FINANCIAL (SYF) 26,668 38,707
    TARGET CORP 25,275 25,896
    TEXAS INSTRUMENTS INC (TXN) 28,396 31,039
    THEROM FISHER SCIENTIFIC INC (TMO) 20,980 44,256
    T-MOBILE US INC (TMUS) 101,123 127,226
    TRANE TECHNOLOGIES PLC (TT) 17,888 33,721
    TRUIST FINANCIAL CORP (TFC) 35,958 38,993
    UNITEDHEALTH GROUP INC (UNH) 67,380 125,437
    VALERO ENERGY CORP (VLO) 9,350 25,655
    VOYA FINANCIAL INC (VOYA) 29,346 37,609
    EXXON MOBILE CORP 102,927 109,558
    SOUTHWESTERN ENERGY CO 27,645 28,649
    ALLSTATE CORP 45,787 46,329
    CIGNA CORP 30,183 31,902
    ELEVANCE HEALTH INC 48,521 54,891
    HUMANA INC 44,157 49,491
    MERCK & CO INC 47,972 58,364
    REGENERON PHARMACEUTICALS INC 23,455 25,558
    MARTIN MARIETTA MATLS INC 24,637 26,020
    AMPHENOL CORP 47,614 50,671
    BROADCOM INC 64,857 63,368
    ORACLE CORPORATION 54,024 58,121
    QUALCOMM INC 48,815 47,434
    PUBLIC SERVICE ENTERPRISE GROUP INC 52,605 45,413

    TY 2021 InvestmentsOtherSchedule2
    Name:
    THE STARE FUND
    EIN:
    04-6026648
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    AMERICAN TOWER CORP (AMT) AT COST 62,383 57,968
    BNY MELLON GLOBAL STOCK FUND (DGLCX) AT COST 508,163 878,349
    BNY MELLON INSIGHT CORE PLUS FUND (DCP) AT COST 1,994,396 1,925,078
    BNY MELLON INTERNATIONAL FD (MPITX) AT COST 241,911 217,373
    BNY MELLON SMALL CAP GROWTH FUND (SSYGX) AT COST 259,572 307,372
    BNY MELLON SMALL CAP VALUE FUND (STSVX) AT COST 250,517 306,540
    BRANDYWINEGLOBAL - GLOBAL OPPOR BOND FUND AT COST 72,124 56,214
    DFA EMG MKTS CORE EQUITY FD (DFCEX) AT COST 249,433 277,000
    EQUINIX INC AT COST 13,874 19,338
    FULLER & THALER BEHAVIORAL SMALL-CAP EQUITY FUND (FY) AT COST 207,388 220,297
    GQG PARTNERS EMERGING MARKETS EQUITY PORTFOLIO AT COST 345,405 306,037
    ISHARES CORE MSCI EAFE ETF AT COST 96,356 84,046
    ISHARES MSCI EAFE SMALL CAP ETF AT COST 236,147 186,504
    SPDR S&P 500 ETF TRUST (SPY) AT COST 433,003 842,267
    TCW EMERGING MARKETS INCOME FUND AT COST 160,402 120,252
    PROLOGIS INC REIT AT COST 18,458 19,671
    ISHARES CORE S&P MID-CAP ETF AT COST 999,037 1,025,173
    LORD ABBETT CREDIT OPPORTUNITIES FUND AT COST 449,904 442,071

    TY 2021 OtherDecreasesSchedule
    Name:
    THE STARE FUND
    EIN:
    04-6026648
    Description Amount
    MULTIPLE ADJUSTMENTS (PRIOR YEAR ROC ADJUSTMENT) 414
    MULTIPLE ADJUSTMENTS (REVERAL OF PRIOR YEAR PAYMENT) 7,000


    TY 2021 OtherExpensesSchedule
    Name:
    THE STARE FUND
    EIN:
    04-6026648
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MA PC FILING FEES 70 0   70


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    THE STARE FUND
    EIN:
    04-6026648
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BNY MELLON - INVESTMENT MANAGEMENT FEES 50,090 37,568   12,522


    TY 2021 TaxesSchedule
    Name:
    THE STARE FUND
    EIN:
    04-6026648
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX W/H 0 3,929   0
    PRIOR YR EXISE TAX & EXTENSION PYMTS 7,464 0   0
    CURRENT F/Y EXCISE TAX PAYMENTS 15,267 0   0