Form990-PF


Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 10-01-2021 , and ending 09-30-2022
Name of foundation
BRAEMAR CHARITABLE TRUST
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 25442
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PORTLAND, OR972980442
A Employer identification number

93-6272124
B Telephone number (see instructions)

(503) 286-0685
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$22,917,723J 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) 4,361,835
2 Check bullet.............
3 Interest on savings and temporary cash investments 282 282  
4 Dividends and interest from securities... 675,872 675,872  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 278,630
b Gross sales price for all assets on line 6a 2,828,679
7 Capital gain net income (from Part IV, line 2)... 278,630
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........ 5,316,619 954,784  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 150,000 0   150,000
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 5,800 0   5,800
c Other professional fees (attach schedule).... Click to see attachment 44,989 44,989   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 5,716 1,758   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 8,465 5,773   2,692
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 214,970 52,520   158,492
25 Contributions, gifts, grants paid....... 947,693 947,693
26 Total expenses and disbursements. Add lines 24 and 25 1,162,663 52,520   1,106,185
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 4,153,956
b Net investment income (if negative, enter -0-) 902,264
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.............      
2 Savings and temporary cash investments......... 379,540 183,546 183,546
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)....... 15,506,193 Click to see attachment18,853,671 17,646,152
c Investments—corporate bonds (attach schedule)....... 4,759,087 Click to see attachment5,758,818 4,950,635
11 Investments—land, buildings, and equipment: basis bullet105,000
Less: accumulated depreciation (attach schedule) bullet   105,000 Click to see attachment105,000 137,390
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
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) 20,749,820 24,901,035 22,917,723
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........ 25,444,431 25,444,431
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds -4,694,611 -543,396
29 Total net assets or fund balances (see instructions)..... 20,749,820 24,901,035
30 Total liabilities and net assets/fund balances (see instructions). 20,749,820 24,901,035
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
20,749,820
2
Enter amount from Part I, line 27a .....................
2
4,153,956
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
24,903,776
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
2,741
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
24,901,035
Form 990-PF (2021)
Form 990-PF (2021)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES      
b CAPITAL GAINS DIVIDENDS P    
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 2,592,334   2,550,049 42,285
b 236,345     236,345
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       42,285
b       236,345
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 278,630
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 12,541
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 12,541
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 9,979
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 9,979
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 67
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 2,629
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 taxBullet   RefundedBullet 11  
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)
    bulletOR
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletTRUSTMANAGEMENTSERVICES.NET
    14
    The books are in care ofbulletMARTHA B COX Telephone no.bullet (503) 286-0685

    Located atbulletPO BOX 25442PORTLANDOR ZIP+4bullet972980442
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
    Yes
     
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
    No
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    MARTHA B COX TRUSTEE
    2.00     		0 0 0
    PO BOX 25442
    PORTLAND,OR97298
    MELANIE ANN DAWSON TRUSTEE
    1.00     		0 0 0
    PO BOX 25442
    PORTLAND,OR97298
    KEN DAWSON TRUSTEE
    1.00     		0 0 0
    PO BOX 25442
    PORTLAND,OR97298
    GREG SNYDER TRUSTEE
    1.00     		0 0 0
    PO BOX 25442
    PORTLAND,OR97298
    MARY C BIRD GRANT ADMINISTRATOR
    5.00     		150,000 0 0
    PO BOX 1990
    WALDPORT,OR97394
    TRUST MANAGEMENT SERVICES LLC GRANT ADMINISTRATOR
    5.00     		0 0 0
    PO BOX 1990
    WALDPORT,OR97394
    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.........................bullet0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    23,172,322
    b
    Average of monthly cash balances.......................
    1b
    320,893
    c
    Fair market value of all other assets (see instructions)................
    1c
    137,390
    d
    Total (add lines 1a, b, and c).........................
    1d
    23,630,605
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    23,630,605
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    354,459
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    23,276,146
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    1,163,807
    Part X
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part IX, line 6..................
    1
    1,163,807
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    12,541
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    12,541
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,151,266
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,151,266
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    1,151,266
    Part XI
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 1,151,266
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 1,081,385
    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$ 1,106,185
    a Applied to 2020, but not more than line 2a 1,081,385
    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..... 24,800
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		1,126,466
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    TRUST MANAGEMENT SERVICES
    PO BOX 1990
    WALDPORT,OR97394
    (541) 563-7279
    INFO@TRUSTMANAGEMENTSERVICES.NET
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATION MUST BE IN WRITING; SUBMIT PROOF OF TAX EXEMPT STATUS AND CONFIRM THE APPLICANT IS NOT A NON-FUNCTIONALLY INTEGRATED TYPE III SUPPORTING ORGANIZATION AS REPORTED ON FORM 990, SCHEDULE A, LINE 12; COPY OF BY-LAWS AND CONSTITUTION; COPY OF CURRENT FINANCIAL STATEMENTS; STATEMENT OF SPECIFIC ENDEAVOR; RECORD OF PRIOR RESULTS OF SIMILAR EFFORTS; AND OTHER INFORMATION TAX EXEMPT ORGANIZATION CONSIDERS PERTINENT. SEE TRUSTMANAGEMENTSERVICES.NET FOR COMPLETE APPLICATION REQUIREMENTS.
    cAny submission deadlines:
    SUBMISSION DEADLINES VARY; SEE TRUSTMANAGEMENTSERVICES.NET FOR ALL DEADLINES.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GRANTS LIMITED TO TAX-EXEMPT ORGANIZATIONS WITHIN OREGON. GENERALLY THE MAXIMUM GRANT IS $15,000. NO GRANTS TO INDIVIDUALS.
    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
    ABC HOUSE
    228 SW 5TH AVENUE
    ALBANY,OR97321     		  PC TO EXPAND COMMUNITY EDUCATION PROGRAMMING 15,000
    ALBERTINA KERR CENTERS FOUNDATION
    424 NE 22ND AVENUE
    PORTLAND,OR97232     		  SO I TO REPLACE FLOORING WITH LVT 12,000
    ALSEA WOLVERINES BOOSTER CLUB
    PO BOX 1234
    ALSEA,OR97324     		  PC TO PURCHASE A MOTORIZED FLAG FOR THE ALSEA CHARTER SCHOOL GYM 3,729
    APPLEGATE PARTNERSHIP INC
    60 UPPER APPLEGATE ROAD
    JACKSONVILLE,OR97530     		  PC TO SUPPORT THE DESIGN AND PRINTING OF INTERPRETIVE SIGNAGE TO HONOR AGNES BAKER PILGRIM 9,000
    ARC OF LANE COUNTY
    4181 E STREET
    SPRINGFIELD,OR97478     		  PC TO SUPPORT THE JUMPSTART PRESCHOOL PROGRAM 20,000
    ASSISTANCE LEAGUE OF SALEM-KEIZER
    1095 SAGINAW ST S
    SALEM,OR97302     		  PC OPERATION SCHOOL BELL PURCHASES FOR UNDERPRIVILEGED STUDENTS 15,000
    BANDON HISTORICAL SOCIETY MUSEUM
    270 FILLMORE AVE SE
    BANDON,OR97411     		  PC TO PURCHASE MATERIALS, SUPPLIES, AND LABOR TO UPDATE MUSEUM DISPLAYS 7,115
    BEAT CHILDREN'S THEATER
    1080 SE 9TH STREET
    BEND,OR97702     		  PC TO SUPPORT THEIR EDUCATIONAL OUTREACH PROGRAM 15,000
    BEND FOREST SCHOOL FOUNDATION
    60835 TARALON PLACE
    BEND,OR97702     		  PC TO SUPPORT ACCESSIBILITY AND DEI PROGRAMS FOR 2022-2023 SCHOOL YEAR 10,000
    BENDFILM
    1000 NW WALL STREET SUITE 240
    BEND,OR97703     		  PC TO SUPPORT THE REACH BEYOND PROGRAM 15,000
    BOYS & GIRLS CLUB OF ALBANY
    1215 HILL ST SE
    ALBANY,OR97322     		  PC TO SUPPORT PROMOTING STEM FUTURES 11,205
    BOYS & GIRLS CLUB OF CORVALLIS
    1112 NW CIRCLE BLVD
    CORVALLIS,OR97330     		  PC TO SUPPORT THE READING RANGERS PROGRAM 10,000
    BOYS & GIRLS CLUB OF SALEM MARION AND POLK COUNTIES
    1395 SUMMER STREET NE
    SALEM,OR97301     		  PC TO SUPPORT POWER HOUR FOR 300 YOUTH ACROSS SEVEN CLUBHOUSES 15,000
    BOYS AND GIRLS CLUB OF EMERALD VALLEY
    1545 WEST 22ND AVENUE
    EUGENE,OR97405     		  PC TO SUPPORT THE "LIFTING YOUTH WITH LITERACY" PROGRAM 10,000
    BOYS AND GIRLS CLUB OF SOUTHWESTERN OR
    3333 WALNUT AVENUE
    COOS BAY,OR97420     		  PC TO CREATE SENSORY SPACES FOR YOUTH 8,439
    CALDERA ARTS
    224 NW 13TH AVENUE SUITE 304
    PORTLAND,OR97209     		  PC TO SUPPORT CENTRAL OREGON YOUTH ARTS PROGRAMMING 7,500
    CAMPFIRE CENTRAL OREGON
    PO BOX 7031
    BEND,OR97708     		  PC TO SUPPORT INTRODUCTION OF CODING AND ROBOTICS TO LOW INCOME AREAS 15,000
    CASA FOR CHILDREN OF KLAMATH COUNTY
    731 MAIN STREET SUITE 202
    KLAMATH FALLS,OR97601     		  PC TO RECRUIT, TRAIN, AND RETAIN VOLUNTEERS 15,000
    CASA OF DOUGLAS COUNTY
    541 W UMPQUA ST SUITE 2
    ROSEBURG,OR97471     		  PC TO SUPPORT AWARENESS, RECRUITMENT, AND RETAINMENT PROJECT 10,000
    CASA OF JACKSON COUNTY INC
    PO BOX 4132
    MEDFORD,OR97504     		  PC TO RECRUIT AND TRAIN NEW VOLUNTEERS 10,000
    CASA OF LANE COUNTY
    174 DEADMOND FERRY ROAD
    SPRINGFIELD,OR97477     		  PC TO PROVIDE FUNDING FOR A CASA SUPERVISORY POSITION 10,000
    CENTRAL OREGON VETERAN'S RANCH
    65920 61ST STREET
    BEND,OR97703     		  PC TO STRENGTHEN AND EXPAND THE THERAPEUTIC HYDROPONICS EDUCATION PROGRAM FOR COMBAT VETS 15,000
    CONFERENCE OF ST VINCENT DE PAUL SOCIETY OF MYRTLE CREEK
    116 N MAIN STREET
    MYRTLE CREEK,OR97457     		  PC TO PROVIDE EMERGENCY FOOD AND HOUSING RESOURCES FOR UNDERSERVED RURAL POPULATIONS 10,000
    COOS BAY PUBLIC LIBRARY FOUNDATION
    525 ANDERSON
    COOS BAY,OR97420     		  PC TO PROVIDE FUNDING TO PURCHASE ROLLING SHELVING 10,000
    COOS WATERSHED COUNCIL
    300 CENTRAL AVENUE
    COOS BAY,OR97420     		  PC TO SUPPORT THE STORMWATER POLLUTION AWARENESS CAMPAIGN/STORM DRAIN MURALS 10,000
    CROSSING BRIDGES THERAPEUTIC RIDING CENTER
    6377 MONUMENT DRIVE
    GRANTS PASS,OR97528     		  PC TO PROVIDE FUNDING FOR NEW FENCING 10,000
    DOUGLAS CARES
    545 W UMPQUA STREET 2
    ROSEBURG,OR97471     		  PC TO PROVIDE PARTIAL FUNDING TO HIRE A SKILLS TRAINER 7,500
    ELLIPSE THEATRE COMMUNITY
    61141 S HWY 97 PMB 136
    BEND,OR97702     		  PC TO OFFSET COST OF THE VENUE FOR PRESENTATION OF A PTSD AWARENESS PROJECT 2,500
    EVERY CHILD LANE COUNTY
    379 COBURG ROAD SUITE B
    EUGENE,OR97401     		  PC TO SUPPORT THE BRIGHTER SIDE GIVING STORE 5,000
    EVERY CHILD LINN BENTON
    35840 KNOX BUTTE RD E
    ALBANY,OR97322     		  PC TO PROVIDE FOSTER FAMILY HOSPITALITY/EVENTS 7,000
    FAMILY ACCESS NETWORK
    2125 NE DAGGETT LANE
    BEND,OR97701     		  PC TO SUPPORT CLIENT FUNDS 15,000
    FAMILY BUILDING BLOCKS
    2425 LANCASTER DR NE
    SALEM,OR97305     		  PC TO PURCHASE AND INSTALL A CLOTHING SHED AT A SATELLITE LOCATION 5,600
    FERN RIDGE LIBRARY FOUNDATION
    88026 TERRITORIAL RD
    VENETA,OR97487     		  PC TO PROVIDE MEDIA STORAGE SHELVING FOR THE YOUTH AND ADULT AREAS OF THE LIBRARY 5,750
    FRIENDS OF CASCADE LOCKS HISTORICAL MUSEUM
    PO BOX 321
    CASCADE LOCKS,OR97014     		  PC TO SUPPORT FUNDING TO UNDERTAKE A FULL ORGANIZATIONAL PLANNING PROCESS 11,168
    HEALING REINS
    PO BOX 5593
    BEND,OR97708     		  PC TO SUPPORT THE REACH AFTERSCHOOL PROGRAM 15,000
    HIGH DESERT MUSEUM
    59800 S HWY 97
    BEND,OR97702     		  PC TO SUPPORT THE KIDS CURATE PROGRAM 15,000
    HOPE EQUESTRIAN CENTER
    716 RILEY ROAD
    EAGLE POINT,OR97524     		  PC TO SUPPORT EDUCATIONAL HORSE CAMPS FOR SPECIAL NEEDS & AT-RISK KIDS 10,000
    ILLINOIS VALLEY 2010 COMMUNITY RESPONSE TEAM
    341 E COTTAGE PARK DRIVE 4
    CAVE JUNCTION,OR97523     		  PC TO SUPPORT THE BACK IN THE LIGHT ARTS EDUCATION PROGRAM 8,000
    JACKSON COUNTY SART
    320 E MAIN STREET 204
    ASHLAND,OR97520     		  PC TO SUPPORT THE SEXUAL VIOLENCE PREVENTION PROGRAM IN LOCAL SCHOOLS 10,000
    JBARJ YOUTH SERVICES
    62895 HAMBY ROAD
    BEND,OR97701     		  PC TO SUPPORT STAFF EXPENSES AND MATERIALS FOR FAMILIES IN NEED 15,000
    KIDS CENTER
    1375 NW KINGSTON AVENUE
    BEND,OR97703     		  PC TO UPDATE AND EXPAND CHILD ABUSE PREVENTION EDUCATION TOOL KITS FOR PARENTS, EDUCATORS 15,000
    KLAMATH FILM
    PO BOX 1511
    KLAMATH FALLS,OR97601     		  PC TO SUPPORT 10TH ANNUAL KLAMATH INDEPENDENT FILM FESTIVAL 10,000
    LAKE COUNTY LIBRARY DISTRICT
    26 SOUTH G STREET
    LAKEVIEW,OR97630     		  PC TO SUPPORT THEIR EARLY LITERACY AND LIFELONG LEARNING PROJECT 15,000
    LANE ARTS COUNCIL
    174 E 16TH AVENUE SUITE 125
    EUGENE,OR97401     		  PC TO SUPPORT IN-SCHOOL ARTS EDUCATION IN THE BETHEL SCHOOL DISTRICT 10,000
    LEBANON PUBLIC LIBRARY
    55 ACADEMY STREET
    LEBANON,OR97355     		  GOV TO SUPPORT THE PURCHASE OF LIBRARY MATERIALS AND EQUIPMENT 13,505
    LINN COUNTY ANIMAL RESCUE
    39389 PLAGMAN DR
    LEBANON,OR97355     		  PC TO SUPPORT THE "HEALING HEARTS WITH HORSES" PROGRAMS BY RENOVATING THE BARN WALKWAY 15,000
    LITTLE THEATRE ON THE BAY
    2100 SHERMAN AVENUE
    NORTH BEND,OR97459     		  PC TO SUPPORT THE LITTLE OLE OPRY DECEMBER SHOW 10,000
    LUMINA HOSPICE & PALLIATIVE CARE
    720 SW 4TH ST
    CORVALLIS,OR97333     		  PC TO PROVIDE LICENSING FEES FOR 100 VOLUNTEERS 3,500
    MARION-POLK FOOD SHARE
    1660 SALEM INDUSTRIAL DR NE
    SALEM,OR97301     		  PC TO SUPPORT THE SUMMER INTERNSHIP PROJECT AT CHEMEKETA COMMUNITY COLLEGE CAMPUS 15,000
    MARY'S RIVER WATERSHED
    101 SW WESTERN BLVD
    CORVALLIS,OR97330     		  PC TO SUPPORT CONTINUATION AND EXPANSION OF THE PEERS IN NATURE PROGRAM 15,000
    MEDICAL TEAMS INTERNATIONAL
    14150 SW MILTON COURT
    TIGARD,OR97224     		  PC TO PROVIDE DENTAL AND HEALTH CARE THROUGH THE CARE AND CONNECT CLINICS 10,000
    MOUNTAINSTAR FAMILY RELIEF CENTER
    2125 NE DAGGETT LANE
    BEND,OR97701     		  PC TO SUPPORT CONTINUING EDUCATION AND PROFESSIONAL DEVELOPMENT FOR THE STAFF 15,000
    OLD MILL CENTER FOR CHILDREN AND FAMILIES
    1650 SW 45TH PLACE
    CORVALLIS,OR97333     		  PC TO SUPPORT CHILDREN AND FAMILIES IN THE RELIEF NURSERY PROGRAM 12,000
    OPHELIA'S PLACE
    1577 PEARL ST SUITE 100
    EUGENE,OR97401     		  PC TO SUPPORT "SCHOOL PARTNERSHIPS TO PROMOTE POSITIVE YOUTH DEVELOPMENT IN RURAL LANE COUNTY" 10,000
    OREGON 4-H FOUNDATION
    4238 SW RESEARCH WAY
    CORVALLIS,OR97333     		  PC TO SUPPORT THE MID VALLEY CAMPER ACCESS PROGRAM 15,000
    OREGON 4-H FOUNDATIONWASCO COUNTY 4-H
    4238 SW RESEARCH WAY
    CORVALLIS,OR97333     		  PC TO SUPPORT LEARNING TO LEAD PROGRAM 15,000
    OREGON COAST COMMUNITY ACTION
    1885 THOMAS AVENUE
    COOS BAY,OR97420     		  PC TO PROVIDE ONE MOBILE BILLBOARD TRAILER 3,950
    OREGON MATHCOUNTS FOUNDATION
    70 SW CENTURY DR SUITE 100 PMB 353
    BEND,OR97702     		  PC TO SUPPORT EXPENSES FOR THE STATE MATHCOUNTS COMPETITION 6,500
    PARENTING NOW
    86 CENTENNIAL LOOP
    EUGENE,OR97401     		  PC TO SUPPORT FIVE WONDERFUL ONES GROUPS AS PART OF THE F3Y PROGRAM 10,000
    PEARL BUCK CENTER
    3690 W 1ST AVENUE
    EUGENE,OR97402     		  PC TO SUPPORT IN-HOUSE TRANSPORTATION AND TO PROVIDE FUNDING FOR THE HEALTHY MEALS PROGRAM 20,000
    PHILOMATH YOUTH ACTIVITIES CLUB
    421 S 19TH ST
    PHILOMATH,OR97370     		  PC TO SUPPORT THE PURCHASE OF STEM KITS TO BE USED AT THE AFTER SCHOOL PROGRAM 5,770
    PREGNANCY CARE CENTER OF GRANTS PASS
    714 SE 8TH STREET
    GRANTS PASS,OR97526     		  PC TO PROVIDE FUNDING FOR PATHWAYS PARENTING PROGRAM 4,126
    RESPONDER LIFE
    5665 MEADOWS ROAD 160
    LAKE OSWEGO,OR97035     		  PC TO EXPAND THE REST STOP PROGRAM TO LINN, BENTON, AND MARION COUNTIES 15,000
    ROOTS AND WINGS CHILD DEVELOPMENT
    3703 INTERNATIONAL WAY
    MEDFORD,OR97504     		  PC TO SUPPORT THE EQUITABLE EDUCATION AND CARE PROGRAM 5,000
    ROSS RAGLAND THEATER AND CULTURAL CENTER
    200 N 7TH STREET
    KLAMATH FALLS,OR97601     		  PC TO SUPPORT THE SUMMER CAMP THEATER PROGRAM 15,000
    SAFARI GAME SEARCH FOUNDATION
    1790 SAFARI ROAD
    WINSTON,OR97496     		  PC TO PROVIDE ACCESSIBILITY IMPROVEMENTS AND ENHANCEMENTS FOR THE TRAIN 10,000
    SAFE HAVEN MATERNITY HOME
    445 NW CHESTNUT AVENUE
    ROSEBURG,OR97470     		  PC TO SUPPORT THE RESIDENCY PROGRAM 10,000
    SALEM ALLIANCE CHURCH DBA SPARROW FURNITURE
    1264 BROADWAY ST NE
    SALEM,OR97301     		  PC TO PROVIDE WORK AND ENGLISH LANGUAGE TRAINING FOR REFUGEES IN THE SALEM AREA 13,770
    SALEM ART ASSOCIATION
    600 MISSION ST SE
    SALEM,OR97302     		  PC TO SUPPORT THE SUMMER ART BACKPACK PROGRAM 10,000
    SALEM FREE CLINICS
    1300 BROADWAY ST NE SUITE 104
    SALEM,OR97301     		  PC TO SUPPORT THE VISION AND CALL INTERNSHIP PROGRAM 15,000
    SALEM LEADERSHIP FOUNDATION
    1300 BROADWAY ST NE STE 409
    SALEM,OR97303     		  PC TO EXPAND COMMUNITY PARTNERSHIP TEAMS IN SALEM-KEIZER 15,000
    SCHOOL GARDEN PROJECT OF LANE COUNTY
    454 WILLAMETTE STREET SUITE 205
    EUGENE,OR97403     		  PC TO SUPPORT THE SUMMER GARDEN CLUB 10,000
    SCIO PUBLIC LIBRARY
    38957 NW 1ST AVE
    SCIO,OR97374     		  GOV TO PURCHASE SHELVING UNITS FOR THE ADULT BOOK AREA 9,891
    SIUSLAW WATERSHED COUNCIL
    10868 E MAPLETON RD
    MAPLETON,OR97453     		  PC TO FUND AN OUTREACH AND EDUCATION COORDINATOR POSITION 9,955
    SOUTH BENTON COMMUNITY ENHANCEMENT
    25184 WEBSTER AVE
    MONROE,OR97456     		  PC TO SUPPORT THE SUMMER ART PROGRAM FOR CHILDREN IN MONROE 15,000
    ST FRANCIS SHELTER
    1820 BERRY STREET SE
    SALEM,OR97302     		  PC TO SUPPORT THE COST OF THE FAMILY SERVICES MANAGER AT THE SHELTER 15,000
    ST MARTIN'S EPISCOPAL FOOD PANTRY
    95 CLEVELAND STREET
    SHADY COVE,OR97539     		  PC TO SUPPORT THE CHURCH'S FOOD PANTRY PURCHASES 10,000
    THE CASCADES THEATRICAL COMPANY
    148 NW GREENWOOD AVENUE
    BEND,OR97703     		  PC TO SUPPORT TEEN THEATER OPPORTUNITIES THROUGH "THE MEDIA PROJECT" 5,000
    THE CHILD CENTERMENTAL HEALTH FOR CHILDREN
    44 CLUB ROAD SUITE 210
    EUGENE,OR97401     		  PC TO PROVIDE TRAINING TO CERTIFY AN EMDR THERAPIST TO SUPERVISE OTHER THERAPISTS 7,500
    THE DALLES-WASCO COUNTY LIBRARY FOUNDATION
    722 COURT STREET
    THE DALLES,OR97058     		  PC TO PURCHASE 3 SHORT STORY DISPENSERS 15,000
    THE PEACEFUL PRESENCE PROJECT
    PO BOX 1963
    BEND,OR97709     		  PC TO SUPPORT TRAINING FOR END OF LIFE DOULAS EMBEDDED IN RURAL COMMUNITIES 14,920
    THE ROSE CIRCLE MENTORING PROGRAM
    2931 S PACIFIC HWY
    MEDFORD,OR97501     		  PC TO PROVIDE FUNDING FOR THE 2022 RISING RESILIENT SUMMER CAMP 10,000
    UNION GOSPEL MISSION OF SALEM
    777 COMMERCIAL STREET NE
    SALEM,OR97301     		  PC TO SUPPORT RENOVATION OF THE FAMILY ROOMS AND PROVIDE TRAUMA INFORMED TRAINING TO STAFF 13,300
    WORDCRAFTERS
    438 CHARNELTON SUITE 101
    EUGENE,OR97401     		  PC TO SUPPORT WRITERS IN THE SCHOOLS/WRITERS RESIDENCY SERIES 10,000
    WYLDE WIND AND WATER
    560 HIGHLINE ROAD
    HOOD RIVER,OR97031     		  PC TO PROVIDE BILINGUAL CLASSROOM WATER SAFETY SPECIALLY DESIGNED FOR THE HOOD RIVER AREA 5,000
    YOUTH SYMPHONY OF SOUTHERN OREGON
    925 WEST 8 STREET
    MEDFORD,OR97501     		  PC TO SUPPORT THE EDUCATION AND OUTREACH INITIATIVES & SPECIAL PROGRAMMING 7,500
    Total .................................bullet 3a 947,693
    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 ...........     		    14 282  
    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 ............     		    18 278,630  
    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) .. 0 954,784 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    954,784
    (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
    Schedule B
    (Form 990)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2021
    Name of the organization
    BRAEMAR CHARITABLE TRUST
     
    Employer identification number

    93-6272124
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990) (2021)
    Schedule B (Form 990) (2021) Page 2
    Name of organization
    BRAEMAR CHARITABLE TRUST
          		Employer identification number
    93-6272124
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    HOBART M BIRD ESTATE
     
    6995 SW MERRY LANE
     
    BEAVERTON, OR97008

    		$ 4,361,835


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 3
    Name of organization
    BRAEMAR CHARITABLE TRUST
          		Employer identification number

    93-6272124
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 4
    Name of organization
    BRAEMAR CHARITABLE TRUST
          		Employer identification number

    93-6272124
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990) (2021)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2021 AccountingFeesSchedule
    Name:
    BRAEMAR CHARITABLE TRUST
    EIN:
    93-6272124
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX RETURN PREPARATION FEES 5,800 0   5,800

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    BRAEMAR CHARITABLE TRUST
    EIN:
    93-6272124
    Name of Bond End of Year Book Value End of Year Fair Market Value
    DOUBLELINE CORE FIXED 2,876,674 2,465,723
    SCHWAB TREASURY INFL SWRSX 850,000 733,349
    VANGUARD TOTAL BOND FUND 2,032,144 1,751,563

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    BRAEMAR CHARITABLE TRUST
    EIN:
    93-6272124
    Name of Stock End of Year Book Value End of Year Fair Market Value
    BLACKROCK MULTIASSET 1,656,849 1,436,103
    CHAMPLAIN SMALL COMPANY FUND 1,220,052 1,052,736
    DFA GLOBAL REAL ESTATE 1,230,333 1,064,693
    DFA INTERNATIONAL SMALL COMPANY 587,771 469,899
    DODGE & COX INTL STOCK FUND 1,470,232 1,240,924
    GQG PARTNERS EMERGING MARKETS 620,000 520,444
    JOHCM INTL FUND 1,098,752 1,189,964
    PIMCO ALL ASSET 1,664,075 1,416,084
    SCHWAB FUNDAMENTAL US LARGE COMPANY IDX 2,560,135 2,462,762
    SCHWAB S&P 500 INDEX FUND 4,107,603 4,593,596
    VANGUARD TTL INTL VTIAX 2,637,869 2,198,947

    TY 2021 InvestmentsLandSchedule2
    Name:
    BRAEMAR CHARITABLE TRUST
    EIN:
    93-6272124
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    LAND 105,000 0 105,000 137,390

    TY 2021 OtherDecreasesSchedule
    Name:
    BRAEMAR CHARITABLE TRUST
    EIN:
    93-6272124
    Description Amount
    PRIOR PERIOD ADJUSTMENT 2,741


    TY 2021 OtherExpensesSchedule
    Name:
    BRAEMAR CHARITABLE TRUST
    EIN:
    93-6272124
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OR DEPT OF JUSTICE FEE 2,400 0   2,400
    RENT, P.O. BOX 232 0   232
    BANK CHARGES 60 0   60
    PROPERTY MAINTENANCE 5,773 5,773   0


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    BRAEMAR CHARITABLE TRUST
    EIN:
    93-6272124
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PORTFOLIO MANAGEMENT FEES 44,989 44,989   0


    TY 2021 TaxesSchedule
    Name:
    BRAEMAR CHARITABLE TRUST
    EIN:
    93-6272124
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROPERTY TAXES 1,758 1,758   0
    FEDERAL TAXES 3,958 0   0