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 08-01-2021 , and ending 07-31-2022

Name of foundation
THE PERSISTENCE FOUNDATION INC

Number and street (or P.O. box number if mail is not delivered to street address)32 JOSLIN LANE
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
BUSKIRK, NY12028

A Employer identification number

14-1797449

B Telephone number (see instructions)

(518) 944-4414

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

$3,571,466J Accounting method: Cash Accrual
Other (specify)MODIFIED CASH
(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)	206,592
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	2,840		2,840	2,840
5a	Gross rents............	45,601		45,601	45,601
b	Net rental income or (loss) -19,111
6a	Net gain or (loss) from sale of assets not on line 10		125,425
b	Gross sales price for all assets on line 6a 292,608
7	Capital gain net income (from Part IV, line 2)...			125,425
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).......		1,923	0	1,923
12	Total. Add lines 1 through 11........	382,381		173,866	50,364
13	Compensation of officers, directors, trustees, etc.	0		0	0	0
14	Other employee salaries and wages......	37,738		6,342	6,342	31,396
15	Pension plans, employee benefits.......	9,299		1,563	1,563	7,736
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		20,275	0	0	20,275
c	Other professional fees (attach schedule)....
17	Interest...............
18	Taxes (attach schedule) (see instructions)...
19	Depreciation (attach schedule) and depletion...		47,256	25,060	25,060
20	Occupancy..............	13,093		613	613	12,480
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		86,437	31,567	31,134	54,870
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	214,098		65,145	64,712	126,757
25	Contributions, gifts, grants paid.......	0				0
26	Total expenses and disbursements. Add lines 24 and 25	214,098		65,145	64,712	126,757
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	168,283
b	Net investment income (if negative, enter -0-)			108,721
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.............	68,728	37,701	37,701
	2	Savings and temporary cash investments.........
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......
	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)..........	160,634	238,760	238,760
	14	Land, buildings, and equipment: basis 1,070,759
		Less: accumulated depreciation (attach schedule) 584,126	533,889	486,633	486,633
	15	Other assets (describe )	2,794,029	2,808,372	2,808,372
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	3,557,280	3,571,466	3,571,466
	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 )	237,292	236,274
	23	Total liabilities (add lines 17 through 22).........	237,292	236,274
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	3,319,988	3,335,192
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds
	29	Total net assets or fund balances (see instructions).....	3,319,988	3,335,192
	30	Total liabilities and net assets/fund balances (see instructions).	3,557,280	3,571,466

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............

3,319,988

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

168,283

Other increases not included in line 2 (itemize) bullet

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

3,488,271

Decreases not included in line 2 (itemize) bullet

153,079

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

3,335,192

Form 990-PF (2021)

Page 3

Part IV

Capital Gains and Losses for Tax on Investment Income

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)		(b) How acquired P—Purchase D—Donation	(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1 a	PUBLICLY TRADED SECURITIES
b	PUBLICLY TRADED SECURITIES
c
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	229,695	99,156	130,539
b	62,913	68,027	-5,114
c
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			130,539
b			-5,114
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	125,425
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	-5,114

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	1,511
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	1,511
6	Credits/Payments:

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

7	Total credits and payments. Add lines 6a through 6d..............		7	0
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	53
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	1,564
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2022 estimated tax	Refunded	11

Part VI-A

Statements Regarding Activities

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

Yes

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

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

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

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

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

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ 0(2) On foundation managers. bullet

$ 0

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

on foundation managers. bullet

$ 0

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?.........

Yes

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

Yes

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

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

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XIV..................................

Yes

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

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.

If "Yes," complete Part XIII .............................

Yes

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

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

Form 990-PF (2021)

Page 5

Part VI-A

Statements Regarding Activities (continued)

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement. See instructions.................

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

Yes

Website address bullet

PERSISTENCEFOUNDATION.ORG

The books are in care of bullet

CONSTANCE KHEEL Telephone no. bullet

(518) 944-4414

Located at bullet

32 JOSLIN LANEBUSKIRKNY ZIP+4 bullet

12028

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here ......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ........ bullet

16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country? .................

16 No

See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country bullet

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........

1a(1)

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

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

1a(2)

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

1a(3)

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

1a(4)

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

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

1a(5)

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.) ...............

1a(6)

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........

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

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2021? .............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2021, did the foundation have any undistributed income (lines 6d

and 6e, Part XII) for tax year(s) beginning before 2021?....................

If "Yes," list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

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

20, 20, 20, 20

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

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

If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2021.) .....................

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

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..

Form 990-PF (2021)

Page 6

Part VI-B

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

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

Yes

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

5a(1)

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive? ....................

5a(2)

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

5a(3)

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

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

5a(4)

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals? .............

5a(5)

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........

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

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant? .................

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

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

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

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

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

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

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

Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or

excess parachute payment during the year? .........................

Part VII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation. See instructions

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
CONSTANCE KHEEL	PRESIDENT 30.00	0	0	0
JOSLIN LANE BUSKIRK,NY12028	PRESIDENT 30.00	0	0	0
CONSTANCE MADIGAN	TREASURER 0.50	0	0	0
412 DEEPKILL ROAD TROY,NY12182	TREASURER 0.50	0	0	0
ELIZABETH FRANK	SECRETARY 0.50	0	0	0
30 WEST 13TH ST APT 4D NEW YORK,NY10011	SECRETARY 0.50	0	0	0
SUSAN CRILE	VICE PRESIDENT 0.50	0	0	0
168 W 86TH ST APT 6B NEW YORK,NY10024	VICE PRESIDENT 0.50	0	0	0

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	PRESERVATION & RESTORATION OF HISTORIC BARNS & LANDSCAPE	126,757
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	IMPROVEMENTS TO COONS AND GERMAN BARNS	14,343
2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

14,343

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

214,928

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

82,901

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

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

297,829

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

297,829

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

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

4,467

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

293,362

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

14,668

Part X

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow

and do not complete this part.)

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

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

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

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

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

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

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

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

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

Part XI

Qualifying Distributions (see instructions)

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

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

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

Form 990-PF (2021)

Page 9

Part XII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2020	(c) 2020	(d) 2021
1 Distributable amount for 2021 from Part X, line 7
2 Undistributed income, if any, as of the end of 2021:
a Enter amount for 2020 only.......
b Total for prior years:20, 20, 20
3 Excess distributions carryover, if any, to 2021:
a From 2016......
b From 2017......
c From 2018......
d From 2019......
e From 2020......
f Total of lines 3a through e ........
4Qualifying distributions for 2021 from Part
XI, line 4: $ 141,100
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		141,100
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		141,100
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 ......		141,100
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....	141,100

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

2001-12-31

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

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2021	(b) 2020	(c) 2019	(d) 2018	(e) Total
	0	0	0	0	0
b 85% (0.85) of line 2a .........	0	0	0	0	0
c Qualifying distributions from Part XI, line 4 for each year listed .....	141,100	120,381	136,149	106,243	503,873
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 ....	141,100	120,381	136,149	106,243	503,873
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......	3,571,466	3,557,280	3,626,185	3,530,695	14,285,626
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)	3,295,005	3,327,918	3,375,435	3,349,514	13,347,872
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part IX, line 6 for each year listed ..					0
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).)

CONSTANCE KHEEL

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

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

Check here bullet

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

aThe name, address, and telephone number or email address of the person to whom applications should be addressed:

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

cAny submission deadlines:

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

Form 990-PF (2021)

Page 11

Part XIV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year

Total ................................. 3a				0

bApproved for future payment

Total ................................. 3b				0

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.....			16	-19,111
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	125,425
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aRENTAL INCOME - NONINVESTMENT					1,913
bOTHER INCOME					10
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		0		106,314	4,763

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

111,077

(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.)
11A	PROPERTY WAS RENTED TO AN AGRICULTURAL ENTERPRISE WHICH FARMING OPERATIONS WILL BE PERFORMED ENSURING THAT AGRICULTURAL LAND BE PRESERVED AS WORKING FARMLAND
11B	OTHER INCOME

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:

Schedule B
(Form 990)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2021

Name of the organization

THE PERSISTENCE FOUNDATION INC

Employer identification number

14-1797449

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Arrow Bullet

Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990) (2021)

Schedule B (Form 990) (2021) Page 2

Name of organization THE PERSISTENCE FOUNDATION INC

Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
1	CONSTANCE KHEEL 32 JOSLIN LANE BUSKIRK, NY12028	$ 206,192	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2021)

Schedule B (Form 990) (2021)

Page 3

Name of organization THE PERSISTENCE FOUNDATION INC		Employer identification number 14-1797449

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
1	PUBLICLY TRADED SECURITIES	$ 206,192	2021-12-09
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990) (2021)

Schedule B (Form 990) (2021)

Page 4


Name of organization THE PERSISTENCE FOUNDATION INC			Employer identification number 14-1797449
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990) (2021)

Additional Data

Software ID:
Software Version:

- TIN:

TY 2021 AccountingFeesSchedule

Name:

THE PERSISTENCE FOUNDATION INC

EIN:

14-1797449

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING FEES	20,275	0	0	20,275

- TIN:

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

TY 2021 DepreciationSchedule

Name:

THE PERSISTENCE FOUNDATION INC

EIN:

14-1797449

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense	Net Investment Income	Adjusted Net Income
FLAT FILE STORAGE	2003-01-01	3,000	3,000	SL	10.000000000000	0	0	0
PRESSURE WASHER	2003-05-07	5,500	5,500	SL	10.000000000000	0	0	0
NEW ROOF ON COONS BARN	2014-07-02	4,660		VAR	0 %	0	0	0
LAWN TRACTOR WITH TRAILER	2008-08-01	6,951	6,951	SL	10.000000000000	0	0	0
WEED WACKER	2009-02-11	725	725	SL	10.000000000000	0	0	0
LI-COONS BARN	2008-08-01	14,339	11,949	SL	15.000000000000	956	0	956
LI-NIPMOOSE	2008-08-01	33,993	28,329	SL	15.000000000000	2,266	0	2,266
POWER LINES-COONS	2005-04-01	7,023		VAR	0 %	0	0	0
POND - COONS	2005-04-30	162,002		VAR	0 %	0	0	0
DRY WELL	2008-10-01	1,578	514	SL	39.000000000000	40	0	40
RADIATOR, ANTIFREEZE,HEAT	2009-01-01	1,888	604	SL	39.000000000000	48	0	48
1700'S TABLE	2007-04-19	1,320		VAR	0 %	0	0	0
LAND IMPROVEMENTS-NON-DEP	2006-08-01	659,298		VAR	0 %	0	0	0
CORN CRIB	2007-08-01	53,626		VAR	0 %	0	0	0
NIPMOOSE HOUSE	2007-08-01	178,478		VAR	0 %	0	0	0
GERMAN BARN	2008-07-31	695,084		VAR	0 %	0	0	0
SCOTTISH BARN	2007-08-01	629,465		VAR	0 %	0	0	0
COONS BARN	2007-08-01	224,326		VAR	0 %	0	0	0
BLUE STONE BENCH	2010-04-15	1,250	1,250	SL	10.000000000000	0	0	0
LI - GRAVEL, DRAINAGE	2011-07-01	13,767	9,295	SL	15.000000000000	918	0	918
GOLF CART	2010-09-28	2,400	2,400	SL	10.000000000000	0	0	0
TREES	2012-05-22	6,600	6,023	SL	10.000000000000	577	0	550
GENERATOR	2012-04-04	954	893	SL	10.000000000000	61	0	61
STAGELIGHT	2011-08-01	1,151	1,137	SL	10.000000000000	14	0	0
HEATER FOR GERMAN BARN	2013-03-15	2,807	2,352	SL	10.000000000000	281	0	281
FURNITURE	2002-08-01	700	700	SL	10.000000000000	0	0	0
TREES	2014-05-16	16,164	11,516	SL	10.000000000000	1,616	0	1,616
DRAIN TILE	2014-07-09	4,174	1,981	SL	15.000000000000	278	0	278
LI: ROADS & GRADING	2007-08-01	38,402	34,565	SL	15.000000000000	2,560	2,560	2,560
BATHROOMS; SHOP	2008-07-31	28,325	9,469	SL	39.000000000000	726	726	726
6-10 BENCHES	2009-08-01	2,029	2,029	SL	10.000000000000	0	0	0
VARIOUS IMPROVEMENTS	2010-06-21	11,203	3,194	SL	39.000000000000	287	287	287
LI - LIGHTS, STONEWORK	2009-08-01	5,889	4,517	SL	15.000000000000	393	393	393
LI - CONDUITS,LIGHTING	2011-07-07	2,988	2,016	SL	15.000000000000	199	199	199
LI - GRAVEL, DRAINAGE	2011-07-01	13,768	9,294	SL	15.000000000000	918	918	918
SHOP; WATER SYSTEM	2011-06-27	5,968	1,549	SL	39.000000000000	153	153	153
SHOP; ELECTRICAL IMP	2011-07-07	8,007	2,061	SL	39.000000000000	205	205	205
PARKING LOT EXPANSION	2012-05-15	12,058	7,335	SL	15.000000000000	804	804	804
IRRIGATION SYSTEM	2011-09-20	3,237	2,132	SL	15.000000000000	216	216	216
GENERATOR	2012-04-04	318	299	SL	10.000000000000	19	19	19
ELECTRICAL WORK-BATHROOM	2012-06-13	1,344	312	SL	39.000000000000	34	34	34
WATER TANK AND SINK	2012-09-04	1,900	434	SL	39.000000000000	49	49	49
FIELD DRAINAGE	2013-05-15	12,039	6,521	SL	15.000000000000	803	803	803
FIELD DRAINAGE	2014-07-28	17,385	8,258	SL	15.000000000000	1,159	1,159	1,159
SEPTIC HOLDING TANKS	2014-05-19	2,957	1,404	SL	15.000000000000	197	197	197
HANDICAP BATHROOM INSTALLED	2014-07-09	10,538	1,902	SL	39.000000000000	270	270	270
PUMP, TANKS & UPGRADES	2014-07-09	18,774	3,389	SL	39.000000000000	481	481	481
NEW ROOF ON WORKSHOP BARN	2014-05-31	4,660	860	SL	39.000000000000	119	119	119
ELECTRICAL IMPROVEMENTS	2014-07-09	2,000		VAR	0 %	0	0	0
FIELD DRAINAGE	2015-02-01	23,543	3,702	SL	15.000000000000	1,234	1,234	1,234
COMPRESSOR	2005-05-10	1,750	1,750	SL	10.000000000000	0	0	0
LI: PARKING LOT; PLANTING	2007-08-01	153,368	138,055	SL	15.000000000000	10,225	10,225	10,225
SHOP	2007-08-01	125,520	44,925	SL	39.000000000000	3,218	3,218	3,218
FIELD DRAINAGE	2015-02-01	23,543	3,702	SL	15.000000000000	1,234	0	1,234
LI - DRAINAGE, POND	2016-03-16	18,190	6,671	SL	15.000000000000	1,213	0	1,213
BOX TRAILER	2005-04-26	4,600	4,600	SL	10.000000000000	0	0	0
COMPRESSOR	2005-05-10	1,750	1,750	SL	10.000000000000	0	0	0
HEATER	2005-07-05	5,000	5,000	SL	10.000000000000	0	0	0
BLACK TRAILER	2005-02-28	6,400	6,400	SL	10.000000000000	0	0	0
OPEN BLUE TRAILER	2005-03-01	3,900	3,900	SL	10.000000000000	0	0	0
DRAINAGE-NIPMOOSE	2007-08-01	31,549	28,396	SL	15.000000000000	2,103	0	2,103
2 TRAILERS (900 COST/TRA)	2004-11-04	1,800	1,800	SL	10.000000000000	0	0	0
LI: GRAVEL AND DITCHING	2007-08-01	50,643	45,585	SL	15.000000000000	3,376	0	3,376
FIELD DRAINAGE	2013-05-15	12,040	6,522	SL	15.000000000000	803	0	803
CRAB APPLE TREES	2012-09-15	4,760	4,225	SL	10.000000000000	476	0	476
FIELD DRAINAGE	2014-07-28	17,385	8,258	SL	15.000000000000	1,159	0	1,159
DRAINAGE PROJECT	2018-07-14	9,651	2,009	SL	15.000000000000	643	0	643
WATER LINES AND WELL	2019-04-02	13,247	2,208	SL	15.000000000000	883	0	883
LAWN MOWER	2019-05-16	8,600	2,150	SL	10.000000000000	860	0	860
GARDEN IMPROVEMENT	2019-08-11	3,000	300	SL	15.000000000000	200	0	200
DRAINAGE PROJECT	2019-10-24	3,350	335	SL	15.000000000000	223	0	223
LAWN MOWER	2019-11-27	14,774	2,216	SL	10.000000000000	1,477	0	1,477
SPRINKLER SYSTEM	2019-11-02	7,367	737	SL	15.000000000000	491	0	491
WOOD SIDING FOR WORKSHOP BARN	2020-07-31	30,844	824	SL	39.000000000000	791	791	791
SIDING FOR COONS BARN	2022-01-15	6,102		VAR	0 %	0	0	0
SHINGLES FOR GERMAN BARN	2022-04-30	8,241		VAR	0 %	0	0	0

- TIN:

TY 2021 InvestmentsOtherSchedule2

Name:

THE PERSISTENCE FOUNDATION INC

EIN:

14-1797449

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
MUTUAL FUNDS	FMV	238,760	238,760

- TIN:

TY 2021 LandEtcSchedule2

Name:

THE PERSISTENCE FOUNDATION INC

EIN:

14-1797449

Category / Item	Cost / Other Basis	Accumulated Depreciation	Book Value
FLAT FILE STORAGE	3,000	3,000	0
PRESSURE WASHER	5,500	5,500	0
NEW ROOF ON COONS BARN	4,660	0	4,660
LAWN TRACTOR WITH TRAILER	6,951	6,951	0
WEED WACKER	725	725	0
LI-COONS BARN	14,339	12,905	1,434
LI-NIPMOOSE	33,993	30,595	3,398
POWER LINES-COONS	7,023	0	7,023
POND - COONS	162,002	0	162,002
DRY WELL	1,578	554	1,024
RADIATOR, ANTIFREEZE,HEAT	1,888	652	1,236
1700'S TABLE	1,320	0	1,320
LAND IMPROVEMENTS-NON-DEP	659,298	0	659,298
CORN CRIB	53,626	0	53,626
NIPMOOSE HOUSE	178,478	0	178,478
GERMAN BARN	695,084	0	695,084
SCOTTISH BARN	629,465	0	629,465
COONS BARN	224,326	0	224,326
BLUE STONE BENCH	1,250	1,250	0
LI - GRAVEL, DRAINAGE	13,767	10,213	3,554
GOLF CART	2,400	2,400	0
TREES	6,600	6,600	0
GENERATOR	954	954	0
STAGELIGHT	1,151	1,151	0
HEATER FOR GERMAN BARN	2,807	2,633	174
FURNITURE	700	700	0
TREES	16,164	13,132	3,032
DRAIN TILE	4,174	2,259	1,915
FIELD DRAINAGE	23,543	4,936	18,607
LI - DRAINAGE, POND	18,190	7,884	10,306
BOX TRAILER	4,600	4,600	0
COMPRESSOR	1,750	1,750	0
HEATER	5,000	5,000	0
BLACK TRAILER	6,400	6,400	0
OPEN BLUE TRAILER	3,900	3,900	0
DRAINAGE-NIPMOOSE	31,549	30,499	1,050
2 TRAILERS (900 COST/TRA)	1,800	1,800	0
LI: GRAVEL AND DITCHING	50,643	48,961	1,682
FIELD DRAINAGE	12,040	7,325	4,715
CRAB APPLE TREES	4,760	4,701	59
FIELD DRAINAGE	17,385	9,417	7,968
DRAINAGE PROJECT	9,651	2,652	6,999
WATER LINES AND WELL	13,247	3,091	10,156
LAWN MOWER	8,600	3,010	5,590
GARDEN IMPROVEMENT	3,000	500	2,500
DRAINAGE PROJECT	3,350	558	2,792
LAWN MOWER	14,774	3,693	11,081
SPRINKLER SYSTEM	7,367	1,228	6,139
SIDING FOR COONS BARN	6,102	0	6,102
SHINGLES FOR GERMAN BARN	8,241	0	8,241

- TIN:

TY 2021 OtherAssetsSchedule

Name:

THE PERSISTENCE FOUNDATION INC

EIN:

14-1797449

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
BUILDING MATERIALS INVENTORY	22,058	22,058	22,058
LAND AND HISTORIC STRUCTURES	2,771,971	2,786,314	2,786,314

- TIN:

TY 2021 OtherDecreasesSchedule

Name:

THE PERSISTENCE FOUNDATION INC

EIN:

14-1797449

Description	Amount
UNREALIZED GAIN/LOSS	153,079

- TIN:

TY 2021 OtherExpensesSchedule

Name:

THE PERSISTENCE FOUNDATION INC

EIN:

14-1797449

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
BANK SERVICE FEES	294	0	0	294
INSURANCE	18,253	0	0	18,253
REPAIR & MAINTENANCE	36,267	0	0	36,267
OFFICE SUPPLIES	56	0	0	56
INVESTMENT FEES	433	433	0	0
ADVERTISING	11,627	11,627	11,627	0
INSURANCE	2,348	2,348	2,348	0
WEBSITE	4,479	4,479	4,479	0
REPAIR & MAINTENANCE	12,089	12,089	12,089	0
MISCELLANOUS	591	591	591	0

- TIN:

TY 2021 OtherIncomeSchedule2

Name:

THE PERSISTENCE FOUNDATION INC

EIN:

14-1797449

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
RENTAL INCOME - NONINVESTMENT	1,913		1,913
OTHER INCOME	10		10

- TIN:

TY 2021 OtherLiabilitiesSchedule

Name:

THE PERSISTENCE FOUNDATION INC

EIN:

14-1797449

Description	Beginning of Year - Book Value	End of Year - Book Value
LOAN PAYABLE	233,800	233,800
PAYROLL WITHHOLDINGS	2,492	974
SECURITY DEPOSITS	1,000	1,500