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 07-01-2021 , and ending 06-30-2022
Name of foundation
RACHEL ROYSTON PERMANENT SCHOLARSHIP FDN
 
Number and street (or P.O. box number if mail is not delivered to street address)1501 FOURTH AVE SUITE 2880
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SEATTLE, WA981011631
A Employer identification number

91-6060790
B Telephone number (see instructions)

(360) 433-1703
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$1,259,068J 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) 1,553
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 24,938 24,938 24,938
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 132,047
b Gross sales price for all assets on line 6a 914,068
7 Capital gain net income (from Part IV, line 2)... 132,047
8 Net short-term capital gain......... 4,509
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 4,017 4,017 4,017
12 Total. Add lines 1 through 11........ 162,555 161,002 33,464
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 9,000 0 0 9,000
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 3,971 0 0 3,971
c Other professional fees (attach schedule).... Click to see attachment 14,921 14,921 0 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)...        
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 3,737 0 0 0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 31,629 14,921 0 12,971
25 Contributions, gifts, grants paid....... 18,783 18,783
26 Total expenses and disbursements. Add lines 24 and 25 50,412 14,921 0 31,754
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 112,143
b Net investment income (if negative, enter -0-) 146,081
c Adjusted net income (if negative, enter -0-)... 33,464
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............. 3,033 4,195 4,195
2 Savings and temporary cash investments......... 99,224 148,666 148,666
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)....... 685,646 Click to see attachment641,480 599,568
c Investments—corporate bonds (attach schedule)....... 468,708 Click to see attachment574,413 506,639
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet1,299
Less: accumulated depreciation (attach schedule) bullet1,299      
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,256,611 1,368,754 1,259,068
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........ 1,226,187 1,226,187
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 30,424 142,567
29 Total net assets or fund balances (see instructions)..... 1,256,611 1,368,754
30 Total liabilities and net assets/fund balances (see instructions). 1,256,611 1,368,754
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
1,256,611
2
Enter amount from Part I, line 27a .....................
2
112,143
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
1,368,754
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
1,368,754
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 TALEND SA P 2021-02-24 2021-07-01
b TALEND SA P 2021-02-25 2021-07-01
c JP MORGAN P 2020-12-03 2021-07-13
d VALERO ENERGY P 2020-08-03 2021-07-22
e US MED ETF P 2019-11-08 2021-07-01
ISHARES US MED P 2020-02-05 2021-07-01
TECHNOLOGY SPDR P 2019-11-08 2021-07-01
STRYKER CORP P 2020-05-26 2021-07-01
ISHARES TIPS P 2017-03-06 2021-07-13
ISHARES CORE P 2020-04-01 2021-07-13
ISHARES CORE P 2020-04-02 2021-07-13
ISHARES CORE P 2020-06-19 2021-07-13
VANGUARD SCOTSSDALE P 2019-05-14 2021-07-13
IQVIA HOLDINGS P 2020-02-28 2021-07-22
ISHARES S&P 500 P 2019-05-22 2021-07-22
VALERO ENERGY P 2020-05-28 2021-07-22
TELADOC HEALTH P 2020-12-16 2021-11-08
TELADOC HEALTH P 2021-03-05 2021-11-08
TELADOC HEALTH P 2021-12-23 2021-11-08
FEDEX CORP P 2019-12-23 2021-11-08
FEDEX CORP P 2020-02-05 2021-11-08
FEDEX CORP P 2020-04-14 2021-11-08
HEALTH CARE SELECT P 2017-09-07 2021-11-08
TELADOC HEALTH P 2020-11-02 2021-11-08
TELADOC HEALTH P 2020-11-04 2021-11-08
SYSCO P 2020-11-16 2021-11-26
SYSCO P 2020-11-23 2021-11-26
NXP SEMICONDUCTORS P 2020-12-28 2021-12-08
VALERO ENERGY P 2020-08-03 2021-11-29
VALERO ENERGY P 2020-10-12 2021-11-29
SERVICE NOW P 2020-08-03 2021-12-02
NXP SEMICONDUCTORS P 2020-11-06 2021-12-08
MUELLER PRODS INC P 2021-07-01 2022-01-14
NXP SEMICONDUCTORS P 2020-12-28 2022-01-20
MICROCHIP TECHNOLOGY P 2020-08-05 2022-01-20
ULTA BEAUTY P 2021-03-12 2022-02-11
VANGUARD SCOTTSDALE P 2019-05-14 2022-02-02
VANGUARD SCOTTSDALE P 2019-06-24 2022-02-02
PAYPAL HOLDINGS P 2019-09-30 2022-02-07
PAYPAL HOLDINGS P 2019-10-23 2022-02-07
PAYPAL HOLDINGS P 2020-07-10 2022-02-07
PAYPAL HOLDINGS P 2020-11-04 2022-02-07
VALERO ENERGY P 2020-10-12 2022-02-14
VALERO ENERGY P 2020-10-12 2022-03-01
VALERO ENERGY P 2020-12-14 2022-03-01
VALERO ENERGY P 2020-12-18 2022-03-01
VALERO ENERGY P 2021-01-13 2022-03-01
SYSCO P 2020-11-23 2022-04-25
SYSCO P 2021-01-28 2022-04-25
SYSCO P 2021-02-02 2022-04-25
SYSCO P 2021-03-08 2022-04-25
LORD ABBETT P 2021-07-13 2022-05-24
PGIM HIGH YIELD P 2021-07-13 2022-05-24
SPRD S&P P 2021-11-08 2022-06-02
ISHARES CORE P 2021-07-13 2022-06-24
JACOBS ENERGY GROUP P 2021-01-12 2022-06-03
JACOBS ENERGY GROUP P 2021-01-13 2022-06-03
MARRIOTT WORLDWIDE P 2020-11-16 2022-06-24
ROYAL CARIBBEAN P 2020-12-18 2021-07-30
ROYAL CARIBBEAN P 2022-01-22 2021-07-30
ROYAL CARIBBEAN P 2021-01-28 2021-07-30
ROYAL CARIBBEAN P 2021-03-05 2021-07-30
DELTA AIR P 2020-09-01 2021-07-30
DELTA AIR P 2020-09-23 2021-07-30
ULTA BEAUTY P 2021-03-12 2021-10-20
MICROCHIP TECHNOLOGY P 2020-04-02 2021-09-29
MICROCHIP TECHNOLOGY P 2020-08-05 2021-09-29
PAYPAL HOLDINGS P 2019-09-30 2021-09-29
ULTA BEAUTY P 2020-08-26 2021-10-20
(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 18,434   14,974 3,460
b 19,680   14,994 4,686
c 4,817   3,761 1,056
d 2,729   2,331 398
e 18,188   12,357 5,831
16,733   12,589 4,144
21,263   12,337 8,926
16,772   12,100 4,672
33,814   29,911 3,903
42,126   41,834 292
21,873   21,712 161
49,648   50,553 -905
14,107   12,864 1,243
21,534   12,170 9,364
31,460   24,212 7,248
11,361   12,285 -924
2,341   2,993 -652
8,633   10,833 -2,200
5,707   7,200 -1,493
15,962   9,720 6,242
1,746   1,053 693
4,489   2,218 2,271
18,174   11,171 7,003
2,927   3,797 -870
9,511   13,255 -3,744
13,766   13,657 109
13,324   12,798 526
3,638   2,536 1,102
13,686   10,734 2,952
4,977   3,070 1,907
12,437   8,716 3,721
21,371   13,652 7,719
13,913   15,470 -1,557
14,341   10,780 3,561
15,201   9,782 5,419
14,884   13,690 1,194
24,413   23,468 945
19,531   19,374 157
3,960   3,321 639
371   287 84
8,910   12,797 -3,887
8,662   13,380 -4,718
11,507   5,500 6,007
805   426 379
9,899   6,944 2,955
5,151   3,484 1,667
9,899   7,119 2,780
1,072   849 223
357   293 64
9,377   7,539 1,838
7,859   7,267 592
31,864   33,621 -1,757
16,007   18,587 -2,580
13,762   15,871 -2,109
12,173   15,433 -3,260
17,161   14,201 2,960
3,295   2,704 591
11,886   12,939 -1,053
7,508   7,076 432
7,891   7,115 776
383   344 39
12,717   14,258 -1,541
17,198   13,393 3,805
16,999   13,053 3,946
1,082   318 764
24,973   10,346 14,627
5,429   3,494 1,935
14,758   5,915 8,843
21,642   13,196 8,446
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       3,460
b       4,686
c       1,056
d       398
e       5,831
      4,144
      8,926
      4,672
      3,903
      292
      161
      -905
      1,243
      9,364
      7,248
      -924
      -652
      -2,200
      -1,493
      6,242
      693
      2,271
      7,003
      -870
      -3,744
      109
      526
      1,102
      2,952
      1,907
      3,721
      7,719
      -1,557
      3,561
      5,419
      1,194
      945
      157
      639
      84
      -3,887
      -4,718
      6,007
      379
      2,955
      1,667
      2,780
      223
      64
      1,838
      592
      -1,757
      -2,580
      -2,109
      -3,260
      2,960
      591
      -1,053
      432
      776
      39
      -1,541
      3,805
      3,946
      764
      14,627
      1,935
      8,843
      8,446
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 2 132,047
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 4,509
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: 1987-05-12(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 0
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 0
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 0
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 0
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)
    bulletWA
    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
    Yes
     
    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 addressbulletHTTP://WWW.DELTAKAPPAGAMMA.ORG/WA/RACHEL.HTML
    14
    The books are in care ofbulletDR CLAIRE SMITH Telephone no.bullet (360) 433-1703

    Located atbullet4002 NE 140TH AVENUEVANCOUVERWA ZIP+4bullet98682
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
     
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
    Yes
     
    (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
     
    No
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    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
    SHARON N WHITE TRUSTEE
    4.00     		0 0 0
    160 RIDGECREST DR
    TOLEDO,WA98591
    DR CLAIRE SMITH CHAIR/TRUSTEE
    4.00     		0 0 0
    4002 NE 140TH AVE
    VANCOUVER,WA98682
    BARBARA BROWN TRUSTEE
    4.00     		0 0 0
    8267 OFARRELL LANE
    PORT ORCHARD,WA98366
    DR LAURYNN EVANS TRUSTEE
    4.00     		0 0 0
    34053 HOOD CANAL DR NE
    KINGSTON,WA98346
    DR CHARLENE SHEA TRUSTEE
    4.00     		0 0 0
    25204 NE 77TH AVE
    BATTLE GROUND,WA98604
    CAROL LINSCOTT TREASURER AND ADMIN ASST
    20.00     		9,000 0 0
    2508 19TH AVE S
    SEATTLE,WA98144
    PAT BENNETT-FORMAN STATE PRESIDENT
    4.00     		0 0 0
    20840 GALA WAY NE
    POULSBO,WA98370
    PATRICIA RUSSELL STATE TREASURER
    4.00     		0 0 0
    21038 102ND AVE SE
    KENT,WA98031
    MYRNA MUTO STATE SCHOLARSHIP CHAIRMAN
    4.00     		0 0 0
    434 SW 174TH ST
    NORMANDY PARK,WA98166
    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 THE SCHOLARSHIP IS OPEN TO WOMEN EDUCATORS WORKING ON POST BACCALAUREATE STUDIES IN THE FIELD OF EDUCATION AT A NATIONALLY OR REGIONALLY ACCREDITED COLLEGE OR UNIVERSITY, WHO ARE BONA FIDE RESIDENTS OF WASHINGTON STATE. SUCCESSFUL APPLICANTS WILL SHOW EVIDENCE OF SCHOLARSHIP, PROFESSIONAL SERVICE, POTENTIAL FOR FUTURE SERVICE IN EDUCATION AND PROMISE OF DISTINCTION. 24,296
    2 IN ORDER TO ACHIEVE ITS CORPORATE PURPOSE, THE FOUNDATION OPERATES A SCHOLARSHIP PROGRAM. AS ANOTHER ELEMENT OF ADVANCING ITS CORPORATE PURPOSE, THE FOUNDATION ALSO OPERATES CERTAIN PROGRAMS WHICH ARE NATURAL CONCOMITANTS OF THE GRANTING OF SCHOLARSHIPS. THESE PROGRAMS ARE IN THE RESOURCE COLLECTION AND THE SEMINAR PROGRAM. THESE PROGRAMS ARE NECESSARY OR CONVENIENT TO EFFECT THE BASIC PURPOSE OF THE FOUNDATION, AND SERVE MANY SUPPORTIVE FUNCTIONS. 1,423
    3 OTHER QUALIFIED DISTRIBUTIONS. 6,251
    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
    1,297,444
    b
    Average of monthly cash balances.......................
    1b
    165,249
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,462,693
    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
    1,462,693
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    21,940
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    1,440,753
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    72,038
    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
     
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
     
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
     
    Part XI
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7  
    2 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: bullet$ 31,754
    a Applied to 2020, but not more than line 2a 0
    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..... 0
    e Remaining amount distributed out of corpus 31,754
    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 31,754
    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 ..........     		0
    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 ......     		31,754
    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.... 31,754
    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
    1973-10-20
    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
    33,464 70,185 26,750 29,704 160,103
    b 85% (0.85) of line 2a ......... 28,444 59,657 22,738 25,248 136,088
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		31,754 38,440 45,585 42,523 158,302
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		0 0 0 0 0
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		31,754 38,440 45,585 42,523 158,302
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......         0
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		         0
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		48,025 46,790 40,317 39,896 175,028
    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) ....     		        0
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		        0
    (3) Largest amount of support
    from an exempt organization    		         0
    (4) Gross investment income         0
    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:
    DR CLAIRE SMITH
    4002 NE 140TH AVENUE
    VANCOUVER,WA98682
    (360) 433-1703
    CLAIREGSMITH@OUTLOOK.COM
    bThe form in which applications should be submitted and information and materials they should include:
    THE APPLICATION IS AN 100% ONLINE PROCESS WHICH IS AVAILABLE FROM THE FOUNDATION'S WEBSITE AND HTTPS://DOCS.GOGGLE.COM/FORMS . OTHER REQUIRED MATERIALS INCLUDE:1)A CURRENT RESUME WHICH INCLUDES EDUCATION AND CURRENT JOB 2)THE PROPOSED COURSE OF STUDY WITH THE STATUS IN THE PROGRAM 3)A 200-300 WORD ESSAY WHICH INCLUDES 3A)YOUR CURRENT WORK WITH STUDENTS AND PLANS FOR PROFESSIONAL GROWTH, AND 3B)IDENTIFIES A MAJOR ISSUE IN EDUCATION AND STATES HOW IT CAN BE RESOLVED 4)A REFERENCE 5)FINANCES
    cAny submission deadlines:
    APPLICATIONS MUST BE POSTMARKED BY DECEMBER 1,2021 FOR THE 2022-2023 YEAR
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    THE APPLICANTS SHOULD BE WOMEN EDUCATORS WORKING ON POST BACCALAURETA STUDIES IN THE FIELD OF EDUCATION AT A NATIONALLY OR REGIONAL ACCREDITED COLLEGE OR UNIVERSITY,WHO ARE BONA FIDE RESIDENTS OF WASHINGTON STATE
    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
    AMII PRATT
    156 HALL BROTHERS LOOP 202
    BAINBRIDGE ISLAND,WA98110     		NO RELATION N/A SUPERINTENDENT CERTIFICATIONSUPERINTENDENT CERTIFICATION 5,000
    AMY MCLAUGHLIN
    1202 S IRVING PLACE
    KENNEWICK,WA99338     		NO RELATION N/A SUPT CRED & DOCTORAL PROGRAMS 6,783
    ERIN MURPHY
    3083 NE LINCOLN ROAD
    POULSBO,WA98370     		NO RELATION N/A EDD EDUCATIONAL LEADERSHIP 7,000
    Total .................................bullet 3a 18,783
    bApproved for future payment
    AMY MCLAUGHLIN
    1202 S IRVING PLACE
    KENNEWICK,WA99338     		NO RELATION N/A SUPERINTENDENT CERTIFICATION 6,300
    DORETHA FREDERICKSON
    316 LOCUST ST
    WALLA WALLA,WA99362     		NO RELATION N/A MASTER'S DEGREE IN EDUCATION AND LANGUAGES 4,000
    DEBBIE HULL
    13124 WESTRIDGE DR NW
    SILVERDALE,WA98383     		NO RELATION N/A PHD SCHOOL COUNSELOR 5,000
    Total .................................bullet 3b 15,300
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 132,047  
    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) .. 0 161,002 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    161,002
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 AccountingFeesSchedule
    Name:
    RACHEL ROYSTON PERMANENT SCHOLARSHIP FDN
    EIN:
    91-6060790
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 3,971 0 0 3,971

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    RACHEL ROYSTON PERMANENT SCHOLARSHIP FDN
    EIN:
    91-6060790
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ALGER SMALL CAP FOCUS FD 28,327 17,447
    ISHARES INC MSCI EMERG MRKT 29,686 26,773
    ISHARES TIP BOND 54,567 54,791
    VANGUARD SCOTTSDALE FDS 101,647 90,743
    LORD ABBETT FLTG RATE FUND 40,793 37,917
    MERGER INSTITUTIONAL FUND 30,868 30,317
    MORGAN STANLEY INSTL CORE 79,156 68,543
    PGIM JENNISON 31,757 19,151
    PGIM HIGH YIELD 30,418 25,106
    FIRST TR ETF 27,775 22,816
    ISHARES TR TREASURY BOND 50,629 50,666
    ISHARES CLEAN ENERGY ETF 13,745 13,145
    ISHARES TR CORE MSCI 15,358 11,946
    PGIM ULTRA SHORT BOND ETF 25,925 25,909
    SPDR S&P AEROSPACE & DEFENSE 13,762 11,369

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    RACHEL ROYSTON PERMANENT SCHOLARSHIP FDN
    EIN:
    91-6060790
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AMAZON COM 51,073 40,360
    FEDEX CORP 22,908 29,019
    JACOBS ENERGY GROUP INC 21,305 24,790
    JP MORGAN CHASE & CO 24,141 22,297
    MARRIOTT VACATIONS WORLDWIDE 16,108 11,620
    MICROSOFT CORP 12,682 32,104
    NEXTERA ENERGY INC 29,976 29,125
    PALO ALTO NETWORKS 45,121 66,682
    ROCKWELL AUTOMATION INC 21,446 17,739
    SALESFORCE.COM 53,747 40,764
    SERVICENOW INC 11,170 11,412
    XPO LOGISTICS INC 32,852 20,372
    MEDTRONIC PLC 44,003 33,297
    ABBVIE INC. 15,081 17,767
    ALASKA GROUP INC 15,909 10,814
    ALBERMARLE CORP 24,163 23,824
    BLACKSTONE 14,489 12,316
    CHENIERE ENERGY INC. 14,561 18,624
    COSTCO CORP 12,557 13,899
    GXO LOGISTICS INC. 27,197 19,385
    GSK PLC 12,545 12,798
    MARVEL TECHNOLOGY 14,993 7,922
    SHELL PLC 22,961 26,563
    SIEMENS AG 31,740 19,513
    UNILVER PLC 13,339 13,153
    CITIGROUP INC 35,413 23,409

    TY 2021 OtherExpensesSchedule
    Name:
    RACHEL ROYSTON PERMANENT SCHOLARSHIP FDN
    EIN:
    91-6060790
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE EXPENSE 2,043 0 0 0
    INSURANCE 1,360 0 0 0
    COLLECTION 334 0 0 0


    TY 2021 OtherIncomeSchedule2
    Name:
    RACHEL ROYSTON PERMANENT SCHOLARSHIP FDN
    EIN:
    91-6060790
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OPPENHEIMER 4,017 4,017 4,017


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    RACHEL ROYSTON PERMANENT SCHOLARSHIP FDN
    EIN:
    91-6060790
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT ADVISOR 14,921 14,921 0 0