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 11-01-2021 , and ending 10-31-2022
Name of foundation
CHARLES L COLBERT TRUST
 
Number and street (or P.O. box number if mail is not delivered to street address)6325 S RAINBOW BLVD STE 300
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LAS VEGAS, NV89118
A Employer identification number

81-6017071
B Telephone number (see instructions)

(888) 730-4933
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$1,979,928J 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... 55,754 55,754  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 66,558
b Gross sales price for all assets on line 6a 456,247
7 Capital gain net income (from Part IV, line 2)... 66,558
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).......      
12 Total. Add lines 1 through 11........ 122,312 122,312  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 32,328 29,095   3,233
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment 1,020 0 0 1,020
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 2,524 1,431   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 21 21    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 35,893 30,547 0 4,253
25 Contributions, gifts, grants paid....... 80,000 80,000
26 Total expenses and disbursements. Add lines 24 and 25 115,893 30,547 0 84,253
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 6,419
b Net investment income (if negative, enter -0-) 91,765
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.............   98 98
2 Savings and temporary cash investments......... 13,184 92,237 92,237
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)....... 475,367 Click to see attachment496,319 955,442
c Investments—corporate bonds (attach schedule)....... 75,586 Click to see attachment50,590 48,230
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 845,594 Click to see attachment777,183 883,921
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) 1,409,731 1,416,427 1,979,928
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........ 1,409,731 1,416,427
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)..... 1,409,731 1,416,427
30 Total liabilities and net assets/fund balances (see instructions). 1,409,731 1,416,427
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
1,409,731
2
Enter amount from Part I, line 27a .....................
2
6,419
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
277
4
Add lines 1, 2, and 3 ..........................
4
1,416,427
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
1,416,427
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 25000. FED NATL MTG ASSN 2.000% 1/05/22   2017-02-13 2022-01-05
b 965.255 BLACKROCK GL L/S CREDIT-K #1940   2015-12-18 2022-02-28
c 50. DUPONT DE NEMOURS INC   2009-11-24 2022-02-28
d 8426.966 PRINCIPAL HIGH YIELD-R6 #4264   2019-10-29 2022-02-28
e 150. VANGUARD FTSE DEVELOPED ETF   2020-04-29 2022-02-28
35. AMGEN INC   2020-09-23 2022-04-13
20. BLACKSTONE INC   2020-06-26 2022-04-13
45. CISCO SYSTEMS INC     2022-04-13
5. THERMO FISHER SCIENTIFIC INC   2009-11-10 2022-04-13
25. UNION PACIFIC CORP   2010-10-29 2022-04-13
685. FLEXTRONICS INTL LTD     2022-04-13
2355.804 FIDELITY NEW MRKTS INC-Z #3323     2022-05-31
300. HEALTHPEAK PROPERTIES INC     2022-05-31
160. ISHARES CORE S&P SMALL-CAP E     2022-05-31
240. SPDR DJ WILSHIRE INTERNATIONAL R ETF     2022-05-31
8249.767 TCW EMRG MRKTS INC-PLAN #5721     2022-05-31
450. VANGUARD FTSE DEVELOPED ETF   2020-04-29 2022-05-31
20. APPLE INC   2009-06-09 2022-08-01
280. HAIN CELESTIAL GROUP INC     2022-08-01
15. MICROSOFT CORP   2003-03-05 2022-08-01
20. NIKE INC CL B   2017-11-28 2022-08-01
5. THERMO FISHER SCIENTIFIC INC   2009-11-10 2022-08-01
229. ISHARES CORE S&P SMALL-CAP E   2009-11-24 2022-08-11
1158.12 PGIM HIGH YIELD-Q 1067   2022-02-28 2022-08-11
9506.798 PGIM HIGH YIELD-Q 1067     2022-08-11
400. SPDR DJ WILSHIRE INTERNATIONAL R ETF     2022-08-11
950. VANGUARD FTSE DEVELOPED ETF   2020-04-29 2022-08-11
282. VANGUARD REAL ESTATE ETF   2009-06-09 2022-08-11
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 25,000   24,996 4
b 9,382   10,000 -618
c 3,839   2,063 1,776
d 59,157   60,000 -843
e 7,151   5,468 1,683
8,830   8,524 306
2,295   1,095 1,200
2,327   1,006 1,321
2,841   226 2,615
6,130   1,095 5,035
11,515   7,598 3,917
28,976   35,000 -6,024
8,902   10,772 -1,870
16,212   4,240 11,972
7,623   7,495 128
54,531   65,000 -10,469
20,542   16,405 4,137
3,240   102 3,138
6,466   8,165 -1,699
4,162   351 3,811
2,294   1,192 1,102
2,949   226 2,723
23,824   5,971 17,853
5,663   6,092 -429
46,488   52,500 -6,012
12,150   11,220 930
41,470   34,633 6,837
28,321   8,254 20,067
      3,967
      3,967
      3,967
      3,967
      3,967
      3,967
      3,967
      3,967
      3,967
      3,967
      3,967
      3,967
      3,967
      3,967
      3,967
      3,967
      3,967
      3,967
      3,967
      3,967
      3,967
      3,967
      3,967
      3,967
      3,967
      3,967
      3,967
      3,967
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       4
b       -618
c       1,776
d       -843
e       1,683
      306
      1,200
      1,321
      2,615
      5,035
      3,917
      -6,024
      -1,870
      11,972
      128
      -10,469
      4,137
      3,138
      -1,699
      3,811
      1,102
      2,723
      17,853
      -429
      -6,012
      930
      6,837
      20,067
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 66,558
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 1,276
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 1,276
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 1,264
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 12
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,276
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  
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet0 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)
    bulletMT
    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 ofbulletWELLS FARGO BANK NA Telephone no.bullet (888) 730-4933

    Located atbullet100 N MAIN ST MAC D4001-117WINSTON SALEMNC ZIP+4bullet27101
    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)
    Yes
     
    (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
     
    No
    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
    Yes
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
    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
    WELLS FARGO BANK N A TRUSTEE
    1     		32,328    
    100 N MAIN ST MAC D4001-117
    WINSTON SALEM,NC27101
    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
    2,160,974
    b
    Average of monthly cash balances.......................
    1b
    46,781
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,207,755
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    2,207,755
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    33,116
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    2,174,639
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    108,732
    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
    108,732
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    1,276
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,276
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    107,456
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    107,456
    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
    107,456
    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 7 107,456
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 79,622
    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$ 84,253
    a Applied to 2020, but not more than line 2a 79,622
    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..... 4,631
    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 ..........     		102,825
    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).)
    NONE
    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.
    NONE
    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 LEGION POST 2
    1215 11TH AVE
    HELENA,MT59601     		NONE NC GENERAL OPERATING 80,000
    Total .................................bullet 3a 80,000
    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 66,558  
    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) ..   122,312  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    122,312
    (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:
    CHARLES L COLBERT TRUST
    EIN:
    81-6017071
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 1,020     1,020

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

    TY 2021 ExpenditureResponsibilityStmt
    Name:
    CHARLES L COLBERT TRUST
    EIN:
    81-6017071
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    AMERICAN LEGION POST 2
          		7215 APPLEGATE DRIVE
    FAST HELENA,MT596350638     		2022-06-01 80,000 FUNDING YOUTH BASEBALL THROUGH THE AMERICA LEGION JUNIOR BASEBALL PROGRAM   TO THE FOUNDATIONS KNOWLEDGE, NO FUNDS HAVE BEEN DIVERTED 02/23/2023 2023-02-23 THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OF THE INFORMATION. THEREFORE, NO INDEPENDENT VERIFICATION UNDERTAKEN

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    CHARLES L COLBERT TRUST
    EIN:
    81-6017071
    Name of Bond End of Year Book Value End of Year Fair Market Value
    3135G0S38 FED NATL MTG ASSN    
    61166WAU5 MONSANTO CO 3.375% 7 25,297 24,111
    3135G0ZR7 FED NATL MTG ASSN 2. 25,293 24,119

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    CHARLES L COLBERT TRUST
    EIN:
    81-6017071
    Name of Stock End of Year Book Value End of Year Fair Market Value
    594918104 MICROSOFT CORP 6,313 62,675
    30231G102 EXXON MOBIL CORPORAT 159 8,311
    91324P102 UNITEDHEALTH GROUP I 6,969 38,861
    09247X101 BLACKROCK INC 11,236 19,377
    097023105 BOEING CO 4,293 8,551
    532457108 ELI LILLY & CO COM 6,585 28,967
    609207105 MONDELEZ INTERNATION 10,594 14,755
    907818108 UNION PACIFIC CORP 3,285 14,786
    G5960L103 MEDTRONIC PLC 9,976 8,297
    25243Q205 DIAGEO PLC - ADR 7,814 16,697
    150870103 CELANESE CORP 4,699 9,612
    G1151C101 ACCENTURE PLC 1,292 11,356
    09260D107 BLACKSTONE INC 8,487 14,127
    891160509 TORONTO DOMINION BK 11,385 12,798
    61174X109 MONSTER BEVERAGE COR 1,984 11,715
    285512109 ELECTRONIC ARTS INC 13,874 18,264
    883556102 THERMO FISHER SCIENT 1,128 12,849
    94106L109 WASTE MANAGEMENT INC 18,985 23,756
    517834107 LAS VEGAS SANDS CORP 16,100 10,643
    46625H100 JPMORGAN CHASE & CO 4,910 25,176
    871829107 SYSCO CORP 10,574 17,312
    17275R102 CISCO SYSTEMS INC 7,117 17,491
    00287Y109 ABBVIE INC 9,457 13,176
    418056107 HASBRO INC 13,074 9,135
    31620M106 FIDELITY NATL INFORM 24,205 17,428
    172967424 CITIGROUP INC. 23,625 16,968
    87612E106 TARGET CORP 2,105 13,140
    126650100 CVS HEALTH CORPORATI 7,751 20,361
    02079K107 ALPHABET INC CL C 14,887 47,330
    867224107 SUNCOR ENERGY INC NE 9,647 20,634
    89151E109 TOTALENERGIES SE -SP 14,864 19,717
    254687106 WALT DISNEY CO 4,406 13,318
    512807108 LAM RESEARCH CORP CO 4,292 12,143
    192446102 COGNIZANT TECH SOLUT 9,046 9,338
    654106103 NIKE INC CL B 6,554 10,195
    68389X105 ORACLE CORPORATION 3,061 11,320
    037833100 APPLE INC 2,629 78,970
    56501R106 MANULIFE FINANCIAL C 21,578 20,191
    H84989104 TE CONNECTIVITY LTD 6,377 11,001
    405217100 HAIN CELESTIAL GROUP    
    75513E101 RAYTHEON TECHNOLOGIE 17,994 19,248
    H2906T109 GARMIN LTD 10,413 9,684
    92343V104 VERIZON COMMUNICATIO 3,013 5,008
    166764100 CHEVRON CORP 2,179 11,759
    438516106 HONEYWELL INTERNATIO 644 8,569
    460690100 INTERPUBLIC GROUP CO 10,622 13,108
    742718109 PROCTER & GAMBLE CO 4,442 13,467
    30303M102 META PLATFORMS INC 10,251 2,795
    58933Y105 MERCK & CO INC NEW 17,737 24,794
    09857L108 BOOKING HOLDINGS INC 7,699 9,347
    G29183103 EATON CORP PLC 10,992 14,257
    904767704 UNILEVER PLC - ADR 9,991 9,557
    031162100 AMGEN INC    
    11135F101 BROADCOM INC 11,759 18,805
    92826C839 VISA INC-CLASS A SHR 17,380 18,644
    Y2573F102 FLEX LTD    
    26614N102 DUPONT DE NEMOURS IN    
    911312106 UNITED PARCEL SERVIC 6,920 14,260
    458140100 INTEL CORP 2,105 4,265
    7591EP100 REGIONS FINL CORP NE 6,861 7,134

    TY 2021 InvestmentsOtherSchedule2
    Name:
    CHARLES L COLBERT TRUST
    EIN:
    81-6017071
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    74340W103 PROLOGIS INC AT COST 4,490 11,075
    77958B402 T ROWE PRICE INST FL      
    61760X836 MORGAN STANLEY INS F      
    40414L109 HCP INC      
    872540109 TJX COS INC NEW      
    89151E109 TOTAL S.A. - ADR      
    56501R106 MANULIFE FINANCIAL C      
    91324P102 UNITEDHEALTH GROUP I      
    46625H365 JP MORGAN ALERIAN ML      
    20030N101 COMCAST CORP CLASS A      
    Y2573F102 FLEX LTD      
    17275R102 CISCO SYSTEMS INC      
    GTY995004 GAI AGILITY INCOME F      
    150870103 CELANESE CORP      
    00206R102 AT & T INC      
    683974604 OPPENHEIMER DEVELOPI      
    461418246 PALMER SQUARE SSI AL      
    25243Q205 DIAGEO PLC - ADR      
    254687106 WALT DISNEY CO      
    693475105 PNC FINANCIAL SERVIC      
    30231G102 EXXON MOBIL CORPORAT      
    12572Q105 CME GROUP INC      
    98978V103 ZOETIS INC      
    61174X109 MONSTER BEVERAGE COR      
    87234N765 TCW EMRG MKTS INCM-I      
    H84989104 TE CONNECTIVITY LTD      
    921937827 VANGUARD SHORT TERM AT COST 57,332 55,473
    03076C106 AMERIPRISE FINL INC      
    26078J100 DOWDUPONT INC      
    848574109 SPIRIT AEROSYTSEMS H      
    78463X863 SPDR DJ WILSHIRE INT      
    437076102 HOME DEPOT INC      
    594918104 MICROSOFT CORP      
    09260C703 BLACKROCK GL L/S CRE      
    464287465 ISHARES MSCI EAFE      
    464287242 ISHARES IBOXX $ INVE AT COST 35,846 30,405
    277911491 EATON VANCE FLOATING      
    902641646 E-TRACS ALERIAN MLP      
    G29183103 EATON CORP PLC      
    532457108 ELI LILLY & CO COM      
    742718109 PROCTER & GAMBLE CO      
    053484101 AVALONBAY CMNTYS INC AT COST 4,111 10,507
    87612E106 TARGET CORP      
    405217100 HAIN CELESTIAL GROUP      
    14912L4E8 CATERPILLAR FINANCIA      
    76118Y104 RESIDEO TECHNOLOGIES      
    192446102 COGNIZANT TECH SOLUT      
    458140100 INTEL CORP      
    74460D109 PUBLIC STORAGE INC C AT COST 2,840 15,488
    806857108 SCHLUMBERGER LTD      
    26875P101 EOG RESOURCES, INC      
    66989GAA8 NOVARTIS SECS INVEST      
    09247X101 BLACKROCK INC      
    315920702 FID ADV EMER MKTS IN      
    3135G0ZR7 FED NATL MTG ASSN 2.      
    46137V589 INVESCO GLOBAL LISTE AT COST 6,271 8,217
    H42097107 UBS GROUP AG      
    277923728 EATON VANCE GLOBAL M      
    G1151C101 ACCENTURE PLC      
    880208400 TEMPLETON GLOBAL BON      
    922042858 VANGUARD EMERGING MA      
    037833100 APPLE INC      
    375558103 GILEAD SCIENCES INC      
    771195104 ROCHE HOLDINGS LTD -      
    883556102 THERMO FISHER SCIENT      
    828806109 SIMON PROPERTY GROUP      
    911312106 UNITED PARCEL SERVIC      
    589509207 MERGER FUND-INST #30 AT COST 15,764 17,386
    92343V104 VERIZON COMMUNICATIO      
    867224107 SUNCOR ENERGY INC NE      
    166764100 CHEVRON CORP      
    262028855 DRIEHAUS ACTIVE INCO      
    084670702 BERSHIRE HATHAWAY IN      
    02079K107 ALPHABET INC CL C      
    63872T885 ASG GLOBAL ALTERNATI      
    36962G4Y7 GEN ELEC CAP CRP MTN      
    097023105 BOEING CO      
    126650100 CVS HEALTH CORPORATI      
    512807108 LAM RESEARCH CORP CO      
    654106103 NIKE INC CL B      
    901165100 TWEEDY BROWNE FD GLO      
    907818108 UNION PACIFIC CORP      
    438516106 HONEYWELL INTERNATIO      
    30219GAH1 EXPRESS SCRIPTS HOLD      
    61166WAU5 MONSANTO CO 3.375% 7      
    464287804 ISHARES CORE S&P SMA AT COST 10,627 40,245
    46625H100 JPMORGAN CHASE & CO      
    03875R205 ARBITRAGE FUND CLASS      
    21870Q105 CORESITE REALTY CORP      
    00203H859 AQR MANAGED FUTURES      
    4812C0803 JPMORGAN HIGH YIELD      
    609207105 MONDELEZ INTERNATION      
    38143H381 GOLDMAN SACHS COMM S      
    74925K581 BOSTON P LNG/SHRT RE AT COST 15,197 17,784
    68389X105 ORACLE CORPORATION      
    693390882 PIMCO FOREIGN BD FD      
    464287507 ISHARES CORE S&P MID AT COST 45,775 145,518
    58933Y105 MERCK & CO INC NEW      
    693476BL6 PNC FUNDING CORP 4.3      
    922908553 VANGUARD REAL ESTATE AT COST 11,911 35,101
    517834107 LAS VEGAS SANDS CORP      
    3135G0S38 FED NATL MTG ASSN      
    172967424 CITIGROUP INC.      
    74256W626 PRINCIPAL HIGH YIELD      
    464287226 ISHARES CORE U.S. AG AT COST 183,300 151,840
    285512109 ELECTRONIC ARTS INC      
    GTY995331 AGILITY MULTI-ASSET AT COST 50,000 42,564
    31641Q755 FIDELITY NEW MRKTS I      
    00143W859 INV OPP DEVELOP MRKT AT COST 25,002 21,500
    26614N102 DUPONT DE NEMOURS IN      
    891160509 TORONTO DOMINION BK      
    11135F101 BROADCOM INC      
    46434G103 ISHARES CORE MSCI EM AT COST 57,503 53,954
    94106L109 WASTE MANAGEMENT INC      
    31620M106 FIDELITY NATL INFORM      
    75513E101 RAYTHEON TECHNOLOGIE      
    904784709 UNILEVER N.V. - ADR      
    031162100 AMGEN INC      
    G5960L103 MEDTRONIC PLC      
    871829107 SYSCO CORP      
    H2906T109 GARMIN LTD      
    921943858 VANGUARD FTSE DEVELO      
    09260D107 BLACKSTONE GROUP INC      
    42250P103 HEALTHPEAK PROPERTIE      
    27830W108 EV GL MACR ABS RTRN AT COST 50,000 48,693
    92826C839 VISA INC-CLASS A SHR      
    09857L108 BOOKING HOLDINGS INC      
    74440Y884 PGIM HIGH YIELD-Q 10 AT COST 68,908 59,476
    872365713 TCW EMRG MRKTS INC-P      
    922908629 VANGUARD MIDCAP VIPE AT COST 6,922 6,120
    464288281 ISHARES JP MORGAN US AT COST 82,279 71,010
    46090F100 INVESCO OPTIMUM YIEL AT COST 43,105 41,565

    TY 2021 OtherExpensesSchedule
    Name:
    CHARLES L COLBERT TRUST
    EIN:
    81-6017071
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT EXPENSES - ADR FEES 21 21   0


    TY 2021 OtherIncreasesSchedule
    Name:
    CHARLES L COLBERT TRUST
    EIN:
    81-6017071
    Description Amount
    MUTUAL FUND TIMING ADJ 276
    ROUNDING 1


    TY 2021 TaxesSchedule
    Name:
    CHARLES L COLBERT TRUST
    EIN:
    81-6017071
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 1,155 1,155   0
    FEDERAL ESTIMATES - PRINCIPAL 1,093 0   0
    FOREIGN TAXES ON QUALIFIED FOR 55 55   0
    FOREIGN TAXES ON NONQUALIFIED 221 221   0