TY 2021 Form 990PF

- TIN:

Form990-PF

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 11-01-2021 , and ending 10-31-2022

Name of foundation
CORDELIA LEE BEATTIE FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)6325 S RAINBOW BLVD STE 300
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
LAS VEGAS, NV89118

A Employer identification number

59-6540711

B Telephone number (see instructions)

(888) 730-4933

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

$2,191,540J 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...	73,098		73,098
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		70,499
b	Gross sales price for all assets on line 6a 248,221
7	Capital gain net income (from Part IV, line 2)...			70,499
8	Net short-term capital gain.........				0
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......		21,691	21,081
12	Total. Add lines 1 through 11........	165,288		164,678
13	Compensation of officers, directors, trustees, etc.	36,115		27,086		9,029
14	Other employee salaries and wages......			0	0	0
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........					0
b	Accounting fees (attach schedule).......		1,027	0	0	1,027
c	Other professional fees (attach schedule)....		6,456			6,456
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		863	863		0
19	Depreciation (attach schedule) and depletion...		0	0
20	Occupancy..............
21	Travel, conferences, and meetings.......			0	0
22	Printing and publications..........			0	0
23	Other expenses (attach schedule).......		10	10
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	44,471		27,959	0	16,512
25	Contributions, gifts, grants paid.......	100,000				100,000
26	Total expenses and disbursements. Add lines 24 and 25	144,471		27,959	0	116,512
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	20,817
b	Net investment income (if negative, enter -0-)			136,719
c	Adjusted net income (if negative, enter -0-)...				0

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2021)

Form 990-PF (2021)

Page 2

Part II		Balance Sheets	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.............
	2	Savings and temporary cash investments.........	73,737	80,125	80,125
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	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 0
	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).......	352,667	356,324	462,029
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	1,406,505	1,416,986	1,649,386
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	1,832,909	1,853,435	2,191,540
	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 )
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow FASB ASC 958, check here
		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
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	1,832,909	1,853,435
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds
	29	Total net assets or fund balances (see instructions).....	1,832,909	1,853,435
	30	Total liabilities and net assets/fund balances (see instructions).	1,832,909	1,853,435

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

1,832,909

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

20,817

Other increases not included in line 2 (itemize) bullet

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

1,853,726

Decreases not included in line 2 (itemize) bullet

291

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

1,853,435

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	339. FLEXTRONICS INTL LTD			2021-11-19
b	2. BLACKROCK INC		2020-07-20	2021-12-22
c	12. BLACKSTONE INC		2020-07-20	2021-12-22
d	9. MICROSOFT CORP		2020-07-31	2021-12-22
e	11. NIKE INC CL B		2020-04-17	2021-12-22
	39. INTERPUBLIC GROUP COS INC		2021-10-21	2022-02-10
	31. INTERPUBLIC GROUP COS INC		2020-10-26	2022-02-10
	656.988 ARTISAN INTERNATIONAL FD INS #662		2021-11-23	2022-06-16
	193.352 ARTISAN INTERNATIONAL FD INS #662			2022-06-16
	282. ISHARES S&P SMALL-CAP 600 GROWTH		2012-07-17	2022-06-16
	1. ALPHABET INC CL C		2020-07-20	2022-06-23
	11. APPLE INC		2020-07-31	2022-06-23
	3. BROADCOM INC		2019-01-28	2022-06-23
	14. ABBVIE INC		2020-12-10	2022-06-24
	129. HAIN CELESTIAL GROUP INC			2022-06-24
	5. ELI LILLY & CO COM		2021-10-13	2022-06-24
	1. ELI LILLY & CO COM		2020-07-31	2022-06-24
	4. UNITEDHEALTH GROUP INC		2020-07-31	2022-06-24
	8. EATON CORP PLC		2021-04-08	2022-06-24
	18. MEDTRONIC PLC		2020-07-31	2022-06-24
	10. CVS HEALTH CORPORATION		2019-03-01	2022-08-22
	45. MEDTRONIC PLC		2020-07-31	2022-08-22
	1011.736 TCW FUNDS SELECT EQUITIES-I #4730		2012-03-27	2022-10-19
	7936.507 VANGUARD HIGH YIELD CORP-ADM 529		2019-10-29	2022-10-19
	500. VANGUARD REAL ESTATE ETF		2017-02-01	2022-10-19
	3. ELI LILLY & CO COM		2020-07-31	2022-10-25
	24. WASTE MANAGEMENT INC			2022-10-25
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	6,052	3,737	2,315
b	1,830	1,162	668
c	1,549	676	873
d	2,978	1,806	1,172
e	1,814	983	831
	1,399	1,424	-25
	1,112	586	526
	15,071	19,762	-4,691
	4,436	5,263	-827
	28,426	11,310	17,116
	2,250	1,567	683
	1,522	1,139	383
	1,489	797	692
	2,114	1,500	614
	2,971	3,531	-560
	1,605	1,186	419
	321	150	171
	1,976	1,198	778
	1,036	1,122	-86
	1,602	1,715	-113
	1,026	586	440
	4,191	4,287	-96
	24,757	20,892	3,865
	39,762	46,905	-7,143
	39,532	41,240	-1,708
	1,051	449	602
	3,935	2,749	1,186
			52,414
			52,414
			52,414
			52,414
			52,414
			52,414
			52,414
			52,414
			52,414
			52,414
			52,414
			52,414
			52,414
			52,414
			52,414
			52,414
			52,414
			52,414
			52,414
			52,414
			52,414
			52,414
			52,414
			52,414
			52,414
			52,414
			52,414

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			2,315
b			668
c			873
d			1,172
e			831
			-25
			526
			-4,691
			-827
			17,116
			683
			383
			692
			614
			-560
			419
			171
			778
			-86
			-113
			440
			-96
			3,865
			-7,143
			-1,708
			602
			1,186

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	70,499
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: (attach copy of letter if necessary–see instructions)
b	All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	1,900
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	1,900
6	Credits/Payments:

a	2021 estimated tax payments and 2020 overpayment credited to 2021	6a	860
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

7	Total credits and payments. Add lines 6a through 6d..............		7	860
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.......		9	1,040
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 tax0	Refunded	11	0

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

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

WELLS FARGO BANK NA Telephone no. bullet

(888) 730-4933

Located at bullet

100 N MAIN ST MAC D4001-117WINSTON SALEMNC ZIP+4 bullet

27101

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)

Yes

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)? ......................

1a(5)

(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-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
WELLS FARGO BANK N A	TRUSTEE 1	36,115
100 N MAIN ST MAC D4001-117 WINSTON SALEM,NC27101	TRUSTEE 1	36,115

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...................				0

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


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

2,440,270

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

114,417

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

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

2,554,687

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

2,554,687

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

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

38,320

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

2,516,367

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

125,818

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

125,818

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

1,900

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

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

1,900

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

123,918

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

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

123,918

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

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

123,918

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					123,918
2 Undistributed income, if any, as of the end of 2021:
a Enter amount for 2020 only.......				52,496
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2021:
a From 2016......	0
b From 2017......	0
c From 2018......	0
d From 2019......	0
e From 2020......	0
f Total of lines 3a through e ........		0
4Qualifying distributions for 2021 from Part
XI, line 4: $ 116,512
a Applied to 2020, but not more than line 2a				52,496
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.....					64,016
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2021.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		0
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2019. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2021. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2022 ..........					59,902
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2016 not applied on line 5 or line 7 (see instructions) ...		0
9 Excess distributions carryover to 2022. Subtract lines 7 and 8 from line 6a ......		0
10 Analysis of line 9:
a Excess from 2017....	0
b Excess from 2018....	0
c Excess from 2019....	0
d Excess from 2020....	0
e Excess from 2021....	0

Form 990-PF (2021)

Page 10

Part XIII

Private Operating Foundations (see instructions and Part VI-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section 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

b 85% (0.85) of line 2a .........
c Qualifying distributions from Part XI, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part IX, line 6 for each year listed ..
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XIV

Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

NONE

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

NONE

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

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 e-mail address of the person to whom applications should be addressed:

CORDELIA LEE BEATTIE FOUNDATION
1819 MAIN ST SUITE 203
SARASOTA,FL34236
(888) 730-4933

bThe form in which applications should be submitted and information and materials they should include:

NO SPECIFIC FORM REQUIRED

cAny submission deadlines:

JANUARY 15TH

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

ORGANIZATION MAY NOT APPLY TO BOTH THIS FOUNDATION AND THE SARASOTA COUNTY FOUNDATION IN THE SAME YEAR

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
KEY CHORALE INC PO BOX 20613 SARASOTA,FL34276	NONE	PC	GENERAL OPERATING	10,000
SARASOTA BALLET OF FLORIDA INC 5555 N TAMIAMI TRL SARASOTA,FL34243	NONE	PC	GENERAL OPERATING	5,000
SUNCOAST BLACK ARTS COLLABORATIVE INC 6406 WATERCREST WAY UNIT 401 LAKEWOOD RCH,FL34202	NONE	PC	GENERAL OPERATING	10,000
SARASOTA PERFORMING ARTS CENTER FDN 777 N TAMIAMI TRAIL SARASOTA,FL34236	NONE	PC	GENERAL OPERATING	5,000
COMMUNITY FOUNDATION OF SARASOTA COUNTY 2635 FRUITVILLE RD SARASOTA,FL34237	NONE	PC	GENERAL OPERATING	20,000
FLORIDA WEST COAST SYMPHONY INC 709 N TAMIAMI TRL SARASOTA,FL34236	NONE	PC	GENERAL OPERATING PURPOSES	30,000
STATE COLLEGE OF FLORIDA FOUNDATION 5840 26TH ST W BRADENTON,FL34207	NONE	PC	GENERAL OPERATING PURPOSES	10,000
FLORIDA STUDIO THEATRE INC 1241 NORTH PALM AVENUE SARASOTA,FL34236	NONE	PC	GENERAL OPERATING	10,000
Total ................................. 3a				100,000

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	70,499
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aPARTNERSHIP/SCORP			1	21,081
bFEDERAL TAX REFUND			1	610
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..				165,288

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

165,288

(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.)

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:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2021 AccountingFeesSchedule

Name:

CORDELIA LEE BEATTIE FOUNDATION

EIN:

59-6540711

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC	1,027			1,027

- TIN:

TY 2021 InvestmentsCorpStockSchedule

Name:

CORDELIA LEE BEATTIE FOUNDATION

EIN:

59-6540711

Name of Stock	End of Year Book Value	End of Year Fair Market Value
532457108 ELI LILLY & CO COM	5,239	12,673
00287Y109 ABBVIE INC	6,875	9,223
904767704 UNILEVER PLC - ADR	5,975	4,642
891160509 TORONTO DOMINION BK	7,088	9,854
56501R106 MANULIFE FINANCIAL C	10,063	11,155
037833100 APPLE INC	17,772	39,255
609207105 MONDELEZ INTERNATION	3,612	8,976
87612E106 TARGET CORP	4,804	6,570
G5960L103 MEDTRONIC PLC
09857L108 BOOKING HOLDINGS INC	5,181	5,608
517834107 LAS VEGAS SANDS CORP	9,347	6,842
89151E109 TOTALENERGIES SE -SP	8,042	10,790
92826C839 VISA INC-CLASS A SHR	9,101	9,322
907818108 UNION PACIFIC CORP	6,495	7,491
30303M102 META PLATFORMS INC	8,657	3,726
02079K107 ALPHABET INC CL C	17,178	22,718
Y2573F102 FLEX LTD
46625H100 JPMORGAN CHASE & CO	10,793	14,099
674599162 OCCIDENTAL PETROLEUM	64	658
31620M106 FIDELITY NATL INFORM	12,004	8,548
460690100 INTERPUBLIC GROUP CO	3,424	5,392
654106103 NIKE INC CL B	5,002	5,190
94106L109 WASTE MANAGEMENT INC	5,637	8,235
09247X101 BLACKROCK INC	8,317	9,043
58933Y105 MERCK & CO INC NEW	5,639	12,346
09260D107 BLACKSTONE INC	4,296	6,836
H84989104 TE CONNECTIVITY LTD	5,945	7,456
867224107 SUNCOR ENERGY INC NE	6,312	12,449
285512109 ELECTRONIC ARTS INC	6,485	7,180
H2906T109 GARMIN LTD	7,562	6,515
405217100 HAIN CELESTIAL GROUP
871829107 SYSCO CORP	5,362	8,829
11135F101 BROADCOM INC	5,580	9,873
512807108 LAM RESEARCH CORP CO	4,641	6,072
192446102 COGNIZANT TECH SOLUT	7,261	7,470
126650100 CVS HEALTH CORPORATI	3,998	8,712
172967424 CITIGROUP INC.	12,420	10,043
097023105 BOEING CO	9,218	7,126
911312106 UNITED PARCEL SERVIC	7,034	9,060
254687106 WALT DISNEY CO	7,245	6,179
75513E101 RAYTHEON TECHNOLOGIE	6,481	11,853
25243Q205 DIAGEO PLC - ADR	7,213	8,349
418056107 HASBRO INC	8,139	5,481
17275R102 CISCO SYSTEMS INC	2,921	8,677
G29183103 EATON CORP PLC	9,332	11,405
91324P102 UNITEDHEALTH GROUP I	9,450	18,320
594918104 MICROSOFT CORP	26,059	31,570
150870103 CELANESE CORP	4,966	6,152
883556102 THERMO FISHER SCIENT	5,727	7,196
7591EP100 REGIONS FINL CORP NE	6,368	6,870

- TIN:

TY 2021 InvestmentsOtherSchedule2

Name:

CORDELIA LEE BEATTIE FOUNDATION

EIN:

59-6540711

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
256746108 DOLLAR TREE INC
58933Y105 MERCK & CO INC NEW
26078J100 DOWDUPONT INC
04314H402 ARTISAN INTERNATIONA	AT COST	53,401	61,510
693390593 PIMCO MODERATE DURAT
464287614 ISHARES RUSSELL 1000	AT COST	69,674	232,819
922031760 VANGUARD HIGH YIELD	AT COST	78,095	70,214
002824100 ABBOTT LABORATORIES
020002101 ALLSTATE CORP COM
406216101 HALLIBURTON CO
565849106 MARATHON OIL CORP
609207105 MONDELEZ INTERNATION
4812C0803 JPMORGAN HIGH YIELD
74925K581 ROBECO BP LNG/SHRT R
22544R305 CREDIT SUISSE COMM R
87234N302 TCW FUNDS SELECT EQU	AT COST	63,312	79,071
315920702 FID ADV EMER MKTS IN
277923728 EATON VANCE GLOBAL M
922908553 VANGUARD REAL ESTATE	AT COST	41,253	42,320
922042676 VANGUARD GLBL EX-US
683974604 OPPENHEIMER DEVELOPI
693390304 PIMCO LOW DURATION F
09260C703 BLACKROCK GL L/S CRE
464287887 ISHARES S&P SMALL-CA	AT COST	32,806	91,395
693391559 PIMCO EMERG MKTS BD-	AT COST	70,000	53,152
281020107 EDISON INTL COM
571748102 MARSH & MCLENNAN COS
94106L109 WASTE MANAGEMENT INC
20825C104 CONOCOPHILLIPS
755111507 RAYTHEON CO
46432F842 ISHARES CORE MSCI EA	AT COST	90,103	80,237
17275R102 CISCO SYSTEMS INC
277911491 EATON VANCE FLOATING
039483102 ARCHER DANIELS MIDLA
054937107 BB&T CORP COM
14149Y108 CARDINAL HEALTH INC
29476L107 EQUITY RESIDENTIAL P
548661107 LOWES COS INC
741478101 T ROWE CORPORATE INC
46434G103 ISHARES CORE MSCI EM	AT COST	52,649	43,832
90267B682 ETRACS ALERIAN MLP E
464287606 ISHARES S&P MID-CAP	AT COST	83,234	131,005
92837F458 VIRTUS CEREDEX M/C V
126650100 CVS HEALTH CORPORATI
458140100 INTEL CORP
74834L100 QUEST DIAGNOSTICS IN
666807102 NORTHROP GRUMMAN COR
674599105 OCCIDENTAL PETE CORP
92343V104 VERIZON COMMUNICATIO
478160104 JOHNSON & JOHNSON
68389X105 ORACLE CORPORATION
717081103 PFIZER INC
026874784 AMERICAN INTERNATION
00206R102 AT & T INC
12673P105 CA INC
30219G108 EXPRESS SCRIPTS HOLD
064058100 THE BANK OF NEW YORK
87281Q109 T ROWE PR CORP INC-I
00143W859 INV OPP DEVELOP MRKT	AT COST	60,540	55,128
205887102 CONAGRA FOODS INC
26614N102 DUPONT DE NEMOURS IN
11135F101 BROADCOM INC
31641Q755 FIDELITY NEW MRKTS I
464288687 ISHARES PREFERRED &	AT COST	45,294	38,138
125523100 CIGNA CORP
532457108 ELI LILLY & CO COM
150870103 CELANESE CORP
27831R108 EV GLBL MACR ABS RTR
375558103 GILEAD SCIENCES INC
037833100 APPLE INC
654106103 NIKE INC CL B
Y2573F102 FLEX LTD
405217100 HAIN CELESTIAL GROUP
90274D374 ETRACS ALERIAN MLP I
904784709 UNILEVER N.V. - ADR
674599162 OCCIDENTAL PETROLEUM
87612E106 TARGET CORP
512807108 LAM RESEARCH CORP CO
848574109 SPIRIT AEROSYTSEMS H
921937801 VANGUARD INTM TRM BD	AT COST	150,000	124,894
09857L108 BOOKING HOLDINGS INC
09247X101 BLACKROCK INC
78462F103 SPDR S & P 500 ETF T	AT COST	30,975	46,345
907818108 UNION PACIFIC CORP
911312106 UNITED PARCEL SERVIC
46140H403 INVESCO DB OIL FUND	AT COST	45,281	40,445
921937827 VANGUARD SHORT TERM	AT COST	100,090	92,454
867224107 SUNCOR ENERGY INC NE
594918104 MICROSOFT CORP
G5960L103 MEDTRONIC PLC
254687106 WALT DISNEY CO
02079K107 ALPHABET INC CL C
75513E101 RAYTHEON TECHNOLOGIE
92826C839 VISA INC-CLASS A SHR
891160509 TORONTO DOMINION BK
871829107 SYSCO CORP
460690100 INTERPUBLIC GROUP CO
25243Q205 DIAGEO PLC - ADR
27826A730 EATON VANCE FLOAT RA	AT COST	39,939	35,434
31620M106 FIDELITY NATL INFORM
H2906T109 GARMIN LTD
H84989104 TE CONNECTIVITY LTD
464287499 ISHARES RUSSELL MID-	AT COST	35,225	49,355
883556102 THERMO FISHER SCIENT
172967424 CITIGROUP INC.
285512109 ELECTRONIC ARTS INC
92837F441 VIRTUS CEREDX M/C VA	AT COST	42,117	66,353
56501R106 MANULIFE FINANCIAL C
097023105 BOEING CO
09260D107 BLACKSTONE GROUP INC
89151E109 TOTAL S.A. - ADR
46090F100 INVESCO OPTIMUM YIEL	AT COST	20,025	25,500
192446102 COGNIZANT TECH SOLUT
031162100 AMGEN INC
91324P102 UNITEDHEALTH GROUP I
46625H100 JPMORGAN CHASE & CO
464288281 ISHARES JP MORGAN US	AT COST	64,843	52,469
517834107 LAS VEGAS SANDS CORP
464287655 ISHARES RUSSELL 2000	AT COST	33,130	26,766
057071854 BAIRD AGGREGATE BOND	AT COST	115,000	110,550

- TIN:

TY 2021 OtherDecreasesSchedule

Name:

CORDELIA LEE BEATTIE FOUNDATION

EIN:

59-6540711

Description	Amount
MUTUAL FUND TIMING ADJ	291

- TIN:

TY 2021 OtherExpensesSchedule

Name:

CORDELIA LEE BEATTIE FOUNDATION

EIN:

59-6540711

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT EXPENSES - ADR FEES	10	10		0

- TIN:

TY 2021 OtherIncomeSchedule2

Name:

CORDELIA LEE BEATTIE FOUNDATION

EIN:

59-6540711

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
FEDERAL TAX REFUND	610	0
FROM PARTNERSHIP/S-CORP	21,081	21,081

- TIN:

TY 2021 OtherProfessionalFeesSchedule

Name:

CORDELIA LEE BEATTIE FOUNDATION

EIN:

59-6540711

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
GRANT ADMIN FEE	6,456			6,456

- TIN:

TY 2021 TaxesSchedule

Name:

CORDELIA LEE BEATTIE FOUNDATION

EIN:

59-6540711

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAXES	793	793		0
FOREIGN TAXES ON NONQUALIFIED	70	70		0