TY 2021 Form 990PF

- TIN:

Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Go 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
Bacon & Hinkley Home Inc

Number and street (or P.O. box number if mail is not delivered to street address)581 Pequot Avenue
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
New London, CT06320

A Employer identification number

06-0662103

B Telephone number (see instructions)

(860) 443-8624

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$4,308,703J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	116,060		116,060	116,060
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		132,363
b	Gross sales price for all assets on line 6a 560,795
7	Capital gain net income (from Part IV, line 2)...			132,363
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).......		278,199		272,617
12	Total. Add lines 1 through 11........	526,622		248,423	388,677
13	Compensation of officers, directors, trustees, etc.	117,260			66,967	50,422
14	Other employee salaries and wages......	271,931			155,300
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		17,145		9,792	7,372
c	Other professional fees (attach schedule)....		32,593	26,992	30,191	3,259
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		32,677		18,662
19	Depreciation (attach schedule) and depletion...		28,253		28,253
20	Occupancy..............	35,805			20,448	15,396
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		188,182		107,471	80,916
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	723,846		26,992	437,084	157,365
25	Contributions, gifts, grants paid.......	0				0
26	Total expenses and disbursements. Add lines 24 and 25	723,846		26,992	437,084	157,365
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-197,224
b	Net investment income (if negative, enter -0-)			221,431
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	15,032	9,837	9,837
	2	Savings and temporary cash investments.........	115,481	60,797	60,797
	3	Accounts receivable 13,434
		Less: allowance for doubtful accounts	18,470	13,434	13,434
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........	13,569	5,674	5,674
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......	1,333,606	1,225,963	2,343,355
	c	Investments—corporate bonds (attach schedule).......	1,666,218	1,525,963	1,348,314
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........
	14	Land, buildings, and equipment: basis 1,423,456
		Less: accumulated depreciation (attach schedule) 938,809	409,537	484,647	484,647
	15	Other assets (describe )		50,000	42,645
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	3,571,913	3,376,315	4,308,703
	17	Accounts payable and accrued expenses..........	14,340	15,966
	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 )
	23	Total liabilities (add lines 17 through 22).........	14,340	15,966
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	3,557,573	3,360,349
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds
	29	Total net assets or fund balances (see instructions).....	3,557,573	3,360,349
	30	Total liabilities and net assets/fund balances (see instructions).	3,571,913	3,376,315

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

3,557,573

Enter amount from Part I, line 27a .....................

-197,224

Other increases not included in line 2 (itemize) bullet

Add lines 1, 2, and 3 ..........................

3,360,349

Decreases not included in line 2 (itemize) bullet

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

3,360,349

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	VARIOUS	P	2001-01-01	2021-12-30
b
c
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	560,795	428,432	132,363
b
c
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			132,363
b
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	132,363
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 ...................		3

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 and enter “N/A" on line 1.
	Date of ruling or determination letter: 1986-10-23(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
3	Add lines 1 and 2...........................	3
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5
6	Credits/Payments:

a	2021 estimated tax payments and 2020 overpayment credited to 2021	6a
b	Exempt foreign organizations—tax withheld at source......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2022 estimated tax	Refunded	11

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Yes

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2021)

Page 5

Part VI-A

Statements Regarding Activities (continued)

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

Sally Nelson Telephone no. bullet

(860) 443-8624

Located at bullet

581 Pequot AvenueNew LondonCT ZIP+4 bullet

06320

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

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

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)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........

1a(3)

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............

1a(4)

(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)

(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)

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 ..........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

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? .............

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)):

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?....................

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

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.) .....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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? ..

Form 990-PF (2021)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(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)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

(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)

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 ........

Organizations relying on a current notice regarding disaster assistance check here ......... bullet

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? .................

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

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? .........................

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-)
Glenna M Moalli	PRESIDENT 3.00	0
581 Pequot Avenue New London,CT06320	PRESIDENT 3.00	0
Kerin Woods	Director 1.00	0
581 Pequot Avenue New London,CT06320	Director 1.00	0
Glenn A Hamler	Director 1.00	0
581 Pequot Avenue New London,CT06320	Director 1.00	0
Daniel E Moalli	Secretary 1.00	0
581 Pequot Avenue New London,CT06320	Secretary 1.00	0
Christian Driscoll	Director 1.00	0
581 Pequot Avenue New London,CT06320	Director 1.00	0
Donald Byles	DIRECTOR 1.00	0
581 Pequot Avenue New London,CT06320	DIRECTOR 1.00	0
Christine Crawford	Vice President 1.00	0
581 Pequot Avenue New London,CT06320	Vice President 1.00	0
Caroline Driscoll	Treasurer 1.00	0
581 Pequot Avenue New London,CT06320	Treasurer 1.00	0
Marion Shilstone	DIRECTOR 1.00	0
581 Pequot Avenue New London,CT06320	DIRECTOR 1.00	0
Paula Foye	Administrator 40.00	61,620
581 Pequot Avenue New London,CT06320	Administrator 40.00	61,620

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...................

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............. bullet

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	OPERATION OF A HOME FOR THE AGED	723,846
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)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

3,988,558

Average of monthly cash balances.......................

19,289

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

4,007,847

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

4,007,847

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

instructions) .............................

60,118

Net value of noncharitable-use assets. Subtract line 4 from line 3. .......

3,947,729

Minimum investment return. Enter 5% (0.05) of line 5................

197,386

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.)

Minimum investment return from Part IX, line 6..................

Tax on investment income for 2021 from Part V, line 5.......

Income tax for 2021. (This does not include the tax from Part V.) ...

Add lines 2a and 2b............................

Distributable amount before adjustments. Subtract line 2c from line 1............

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

Program-related investments—total from Part VIII-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.

Form 990-PF (2021)

Page 9

Part XII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2020	(c) 2020	(d) 2021
1 Distributable amount for 2021 from Part X, line 7
2 Undistributed income, if any, as of the end of 2021:
a Enter amount for 2020 only.......
b Total for prior years:20, 20, 20
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 ........
4Qualifying distributions for 2021 from Part
XI, line 4: $
a Applied to 2020, but not more than line 2a
b Applied to undistributed income of prior years (Election required—see instructions).....
c Treated as distributions out of corpus (Election required—see instructions)........
d Applied to 2021 distributable amount.....
e Remaining amount distributed out of corpus
5 Excess distributions carryover applied to 2021.
(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
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........
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......
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........
e Undistributed income for 2019. Subtract line 4a from line 2a. Taxable amount—see instructions .............
f Undistributed income for 2021. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2022 ..........
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) .......
8 Excess distributions carryover from 2016 not applied on line 5 or line 7 (see instructions) ...
9 Excess distributions carryover to 2022. Subtract lines 7 and 8 from line 6a ......
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)

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

1973-06-17

b Check box to indicate whether the organization is a private operating foundation described in section 4942(j)(3) or4942(j)(5)

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	(e) Total
	0	89,049	106,422	139,875	335,346
b 85% (0.85) of line 2a .........		75,692	90,459	118,894	285,045
c Qualifying distributions from Part XI, line 4 for each year listed .....	260,728	217,851	309,332	293,456	1,081,367
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 ....	260,728	217,851	309,332	293,456	1,081,367
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 ..	131,591	94,205	141,858	141,780	509,434
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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

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)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year

Total ................................. 3a

bApproved for future payment

Total ................................. 3b

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	(e) Related or exempt function income (See instructions.)
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	132,363
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aDonations					5,582
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..				248,423	278,199

13Total. Add line 12, columns (b), (d), and (e)..................

526,622

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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.)
1a&b	RESIDENTS' INCOME CONSISTS OF RENTS COLLECTED FROM ELDERLY RESIDENTS OF THE BACON AND HINKLEY HOME WHOSE RENTS ARE DETERMINED BY THE INDIVIDUAL RESIDENT'S ABILITY TO PAY.

Form 990-PF (2021)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2021)

Additional Data

Software ID:	21013475
Software Version:	2021v4.1

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2021 AccountingFeesSchedule

Name:

Bacon & Hinkley Home Inc

EIN:

06-0662103

Software ID:

21013475

Software Version:

2021v4.1

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
	17,145	0	9,792	7,372

- TIN:

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

TY 2021 DepreciationSchedule

Name:

Bacon & Hinkley Home Inc

EIN:

06-0662103

Software ID:

21013475

Software Version:

2021v4.1

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense
(2) GAS BOILER	2010-03-18	25,989	15,588	SL	5.00 %	1,299
IMPROVEMENTS	1993-01-31	1,029	949	SL	3.18 %	33
IMPROVEMENTS	1992-07-31	4,642	4,259	SL	3.18 %	147
IMPROVEMENTS	1992-10-31	7,941	7,292	SL	3.18 %	252
IMPROVEMENTS	1992-11-30	1,660	1,528	SL	3.18 %	53
IMPROVEMENTS	1992-12-31	3,480	3,191	SL	3.18 %	110
IMPROVEMENTS	1993-03-31	1,024	946	SL	3.18 %	33
RESHINGLE GARAGE	1994-03-15	3,980	2,810	SL	2.56 %	102
HANDRAIL	1994-06-13	232	197	SL	3.18 %	7
LIGHTING	1994-07-15	394	274	SL	2.56 %	10
MANTEL	1994-07-20	773	542	SL	2.56 %	20
IMPROVEMENTS	1994-08-30	11,850	8,244	SL	2.56 %	304
IMPROVEMENTS	1994-09-30	6,903	4,786	SL	2.56 %	177
CEILING FANS (11)	1994-09-26	2,794	1,942	SL	2.56 %	72
WINDOWS	1994-11-17	12,650	8,713	SL	2.56 %	324
BATHROOM RENOVATIONS	1995-01-27	1,513	1,038	SL	2.56 %	39
BIFOLD DOORS	1994-12-15	1,633	1,123	SL	2.56 %	42
WINDOWS	1995-11-08	3,341	2,221	SL	2.56 %	86
THERMOSTATS	1996-01-09	3,895	2,569	SL	2.56 %	100
DOORS	1996-02-28	4,067	2,669	SL	2.56 %	104
WINDOWS	1996-10-08	2,050	1,317	SL	2.56 %	53
SPRINKLER HEADS	1997-06-13	1,862	1,163	SL	2.56 %	48
GARAGE DOOR	1997-07-25	714	440	SL	2.56 %	18
BUILDING IMPROVEMENTS	1999-02-09	55,475	32,177	SL	2.56 %	1,422
SINK	1999-08-05	1,460	823	SL	2.56 %	37
BATHROOM RENOVATIONS	2000-09-29	35,317	19,060	SL	2.56 %	906
BATHTUB	2000-07-01	9,674	5,260	SL	2.56 %	248
BATHROOM RENOVATIONS	2000-11-10	662	355	SL	2.56 %	17
IMPROVEMENTS	2002-03-30	2,000	997	SL	2.56 %	51
BOILER	2002-10-01	17,348	8,231	SL	2.56 %	445
ROOF IMPROVEMENTS	2002-10-28	26,650	12,638	SL	2.56 %	683
ROOF IMPROVEMENTS	2003-02-27	26,650	12,638	SL	2.56 %	683
SIDEWALKS	2003-11-15	4,408	1,978	SL	2.56 %	113
HANDICAP RAMP	2003-12-16	4,000	1,800	SL	2.56 %	103
NEW ROOF	2004-08-23	7,692	3,449	SL	2.56 %	197
FENCING & FIRE EXIT	2004-06-30	2,817	1,261	SL	2.56 %	72
BLDG IMPROVEMENTS	2004-12-31	6,124	2,636	SL	2.56 %	157
BLDG IMPROVEMENTS	2005-03-31	34,075	14,456	SL	2.56 %	874
BUILDING IMPROVEMENTS	2005-05-25	14,080	5,912	SL	2.56 %	361
SUMP PUMP	2005-11-15	1,089	434	SL	2.56 %	28
ROOF IMPROVEMENTS	2006-04-19	945	373	SL	2.56 %	24
ROOF IMPROVEMENTS	2006-06-27	945	373	SL	2.56 %	24
DRIVEWAY	2006-11-07	32,500	31,433	SL	3.33 %	1,067
KITCHEN REMODEL	2007-10-03	21,549	7,465	SL	2.56 %	553
KITCHEN REMODEL	2007-12-04	21,549	7,465	SL	2.56 %	553
KITCHEN REMODEL	2008-01-08	6,680	2,345	SL	2.56 %	171
CEILING	2014-10-14	7,651	1,935	SL	3.64 %	278
GAS GENERATOR	2014-11-18	33,854	14,675	SL	6.67 %	2,258
SPRINKLER SYSTEM GENERATO	2014-10-30	2,097	910	SL	6.67 %	140
SPRINKLER SYSTEM	2015-06-20	6,885	1,573	SL	3.64 %	250
CONDENSING UNIT	2016-05-17	3,023	591	SL	3.64 %	110
DISHWASHER	2017-07-07	6,200	5,270	SL	5.0000	930
TELEPHONE SYSTEM	2017-08-25	3,213	1,874	SL	7.0000	459
TRANSFER SWITCH	2017-06-30	3,917	2,380	SL	7.0000	560
SPRINKLER SYSTEM UPGRADES	2018-06-01	4,451	533	SL	3.64 %	162
NEW ROOF	2018-07-07	58,835	6,272	SL	3.33 %	1,961
NEW STOVE/ OVEN	2018-07-30	6,733	1,422	SL	15.0000	449
Sewer Line Imp's/replace	2018-11-18	23,830	2,250	SL	30.0000	794
KUBOTA TRACTOR	2020-06-20	9,200	2,760	SL	20.00 %	1,840
VEHICLE	2021-04-23	24,889	2,489	SL	20.00 %	4,978
NEW A/C	2021-03-31	10,572	352	SL	6.67 %	705
Pipe Improvements	2022-09-28	103,363		SL	0.15 %	157

- TIN:

TY 2021 LandEtcSchedule2

Name:

Bacon & Hinkley Home Inc

EIN:

06-0662103

Software ID:

21013475

Software Version:

2021v4.1

Category / Item	Cost / Other Basis	Accumulated Depreciation	Book Value	End of Year Fair Market Value
Auto./Transportation Equip.	67,640	50,218	17,422
Furniture and Fixtures	167,692	115,934	51,758
Machinery and Equipment	19,850	9,411	10,439
Buildings	907,004	614,005	292,999	484,647
Improvements	204,074	149,241	54,833
Land	57,196		57,196

- TIN:

TY 2021 OtherAssetsSchedule

Name:

Bacon & Hinkley Home Inc

EIN:

06-0662103

Software ID:

21013475

Software Version:

2021v4.1

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
Tangible		50,000

- TIN:

TY 2021 OtherExpensesSchedule

Name:

Bacon & Hinkley Home Inc

EIN:

06-0662103

Software ID:

21013475

Software Version:

2021v4.1

Description	Revenue and Expenses per Books	Adjusted Net Income	Disbursements for Charitable Purposes
ADVERTISING	269	154	113
AUTO EXPENSE	3,329	1,901	1,431
BANK CHARGES	350	200	151
CLEANING SUPPLIES	2,403	1,372	1,033
DUES & SUBSCRIPTIONS	1,130	645	486
EMPLOYEE BENEFITS	40,336	23,036	17,344
FOOD	41,488	23,694	17,840
INSURANCE	41,341	23,610	17,777
INTERIOR MAINT.	15,273	8,722	6,567
OFFICE EXPENSE.	7,678	4,385	3,302
REPAIRS & MAINT.	13,883	7,929	5,970
RESIDENTS CARE & ENTERTAINMENT	4,434	2,532	1,907
SUPPLIES.	10,709	6,116	4,605
TELEPHONE	5,559	3,175	2,390

- TIN:

TY 2021 OtherIncomeSchedule2

Name:

Bacon & Hinkley Home Inc

EIN:

06-0662103

Software ID:

21013475

Software Version:

2021v4.1

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
Donations	5,582
RESIDENT INCOME	272,617		272,617

- TIN:

TY 2021 OtherProfessionalFeesSchedule

Name:

Bacon & Hinkley Home Inc

EIN:

06-0662103

Software ID:

21013475

Software Version:

2021v4.1

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT FEES	26,992	26,992	26,992	0
PAYROLL SERVICE FEES	5,601	0	3,199	3,259

- TIN:

TY 2021 TaxesSchedule

Name:

Bacon & Hinkley Home Inc

EIN:

06-0662103

Software ID:

21013475

Software Version:

2021v4.1

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
PAYROLL TAXES	32,677		18,662