Form990-PF
Click to see attachment
Click to see attachmentClick to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 08-01-2021 , and ending 07-31-2022
Name of foundation
MAUD GLOVER FOLSOM FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)7 BELDENWOOD ROAD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SIMSBURY, CT06070
A Employer identification number

11-1965890
B Telephone number (see instructions)

(860) 729-7498
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$14,268,101J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 147,778 147,778  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 504,848
b Gross sales price for all assets on line 6a 542,410
7 Capital gain net income (from Part IV, line 2)... 504,848
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 74,530 0  
12 Total. Add lines 1 through 11........ 727,156 652,626  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 30,805 6,161   24,644
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 25,502 5,100   20,402
b Accounting fees (attach schedule)....... Click to see attachment 10,000 5,000   5,000
c Other professional fees (attach schedule).... Click to see attachment 86,837 86,837   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 6,946 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 8,780 0   0
22 Printing and publications.......... 1,600 0   1,600
23 Other expenses (attach schedule)....... Click to see attachment 50,375 3,024   47,351
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 220,845 106,122   98,997
25 Contributions, gifts, grants paid....... 581,989 581,989
26 Total expenses and disbursements. Add lines 24 and 25 802,834 106,122   680,986
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -75,678
b Net investment income (if negative, enter -0-) 546,504
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 48,642 360,670 360,670
2 Savings and temporary cash investments......... 1,358,487 1,001,847 1,001,847
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 2,684,388 Click to see attachment2,644,762 9,721,714
c Investments—corporate bonds (attach schedule)....... 2,007,644 Click to see attachment2,019,237 1,982,905
11 Investments—land, buildings, and equipment: basis bullet2,105
Less: accumulated depreciation (attach schedule) bullet   2,105 2,105 2,105
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 107,332 Click to see attachment95,718 1,198,860
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 6,208,598 6,124,339 14,268,101
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 5,082,172 5,073,591
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 1,126,426 1,050,748
29 Total net assets or fund balances (see instructions)..... 6,208,598 6,124,339
30 Total liabilities and net assets/fund balances (see instructions). 6,208,598 6,124,339
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
6,208,598
2
Enter amount from Part I, line 27a .....................
2
-75,678
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
6,132,920
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
8,581
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
6,124,339
Form 990-PF (2021)
Form 990-PF (2021)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a WARNER BROS. DISCOVERY CASH IN LIEU OF FRACTIONAL SHARE      
b PUBLICLY TRADED SECURITIES      
c ENTERPRISE PRODUCTS SEC. 1231 LOSS P    
d ENERGY TRANSFER LP SEC. 1231 LOSS P    
e PLAINS ALL AMERICAN PIPELINE P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 8   1 7
b 540,419   37,236 503,183
c     249 -249
d     76 -76
e 1,983     1,983
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       7
b       503,183
c       -249
d       -76
e       1,983
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 504,848
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 7,596
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 7,596
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 7,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 7,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 54
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 650
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet   RefundedBullet 11  
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changesClick to see attachment....
3
Yes
 
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNY
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletWILLIAM F AUSTIN Telephone no.bullet (860) 729-7498

    Located atbullet7 BELDENWOOD ROOADSIMSBURYCT ZIP+4bullet06070
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
    Yes
     
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
    No
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
    Yes
     
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
    No
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    RICHARD DIAS SECRETARY
    40.00     		7,500 0 0
    71 CAMDAN VILLAGE DRIVE
    NEWNAN,GA30265
    WILLIAM F AUSTIN TREASURER
    40.00     		15,805 0 0
    7 BELDENWOOD RD
    SIMSBURY,CT06070
    CHARLES LEONARD PRESIDENT
    40.00     		7,500 0 0
    120 BLUE PRIDE DRIVE
    LORIS,SC29569
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    13,738,985
    b
    Average of monthly cash balances.......................
    1b
    1,130,023
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    14,869,008
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    14,869,008
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    223,035
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    14,645,973
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    732,299
    Part X
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part IX, line 6..................
    1
    732,299
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    7,596
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
    15,441
    c
    Add lines 2a and 2b............................
    2c
    23,037
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    709,262
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    709,262
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    709,262
    Part XI
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 709,262
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 569,781
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........ 0
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 680,986
    a Applied to 2020, but not more than line 2a 569,781
    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..... 111,205
    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 ..........     		598,057
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    WILLIAM F AUSTIN
    7 BELDENWOOD RD
    SIMSBURY,CT06070
    (860) 729-7498
    MAUDGLOFOL@YAHOO.COM
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATION REQUESTS THE FOLLOWING INFORMATION: APPLICANT INFORMATION, CURRENT ADDRESSES, PREVIOUS APPLICATION, IMMEDIATE FAMILY INFORMATION, EMPLOYMENT RECORD, ARREST INFORMATION, STUDENT REFERENCES, MARITAL STATUS, CLUBS AND ORGANIZATION MEMBERSHIPS, EXTRACURRICULAR ACTIVITIES, OTHER PRESENT SCHOLARSHIPS, PHOTO, GENEALOGY.
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    MAXIMUM GRANT IS $30,000 PER YEAR
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    SEE ATTACHED LIST OF SCHOLARSHIP RE
    C/O 7 BELDENWOOD ROAD
    SIMSBURY,CT06070     		NONE I SCHOLARSHIPS 581,989
    Total .................................bullet 3a 581,989
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    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 ............     		    18 504,848  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aMISC INVESTMENT INCOME K-1     		523920 74,530 14    
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 74,530 652,626 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    727,156
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 AccountingFeesSchedule
    Name:
    MAUD GLOVER FOLSOM FOUNDATION INC
    EIN:
    11-1965890
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING SERVICES 10,000 5,000   5,000

    TY 2021 GeneralExplanationAttachment
    Name:
    MAUD GLOVER FOLSOM FOUNDATION INC
    EIN:
    11-1965890
    Identifier Return Reference Explanation
    FOUNDATION SCHOLARSHIPS EARMARKED FOR STUDENTS PART XIV, LINE 3A THE INDIVIDUALS LISTED BELOW RECEIVED THE FOLLOWING AMOUNTS FROM THE FOUNDATION. THE PURPOSE IS TO ASSIST THE RECIPIENTS IN THE PREPARATION OF THEIR LIFE WORK. IT IS SPECIFICALLY PROVIDED THAT THE MONIES BE USED FOR THE EDUCATION OF THE PERSONS SO SELECTED IN HIGH SCHOOL, COLLEGE, PROFESSIONAL SCHOOL AND GRADUATE SCHOOL AND THEREAFTER IN EDUCATIONAL TRAVEL, CLINICS OR SUCH ADVANCED SCHOOLS OF LEARNING AS THE INDIVIDUAL MAY DESIRE TO ATTEND. AIDAN D SMITH 2307 NW 97TH STREET SEATTLE WA 98117 $6,500.00 BALENTINE, KYLE 2631 CHESHIRE DR AURORA IL 60504 $2,500.00 BALL, AUSTIN, B. 1717 ELDRIDGE AVE BELLINGHAM WA 98225 $2,500.00 BENJAMIN WARNER 15 WOODLOT RD WEST SIMSBURY CT 6092 $6,500.00 BINKLEY, CADEN, S 557 VALE ROAD SPRINGFIELD OH 45504 $5,000.00 BLAIR, LOGAN, N 15401 BLAIR HOLLOW LN KENDRICK ID 83537 $6,500.00 BOESE, MICHAEL 610 E HUBER AVE WEATHERFORD OK 73096 $6,500.00 BRADEN MOORE 4921 WOODWARD AVE DOWNERS GROVE IL 60515 $6,500.00 BRANDON BLACK 11402 SOUTH 120TH AVE PAPPILLON NE 68046 $4,000.00 BRANDON SCHNELL 2 HILLTOP LANE LEHIGHTON PA 18235 $6,500.00 BRENDAN R KLEINLE 162 RIVERSIDE DR BASKING RIDGE NJ 7920 $6,500.00 BURDETT, CHARLIE, W 1228 KING ST GREENWICH CT 6831 $4,000.00 CALEB HUMENIUK 29 S WOODLAND AVE WOODBURY NJ 8096 $6,500.00 CARTER, DAWSON, A 2409 VALLEY VIEW RD NARVON PA 17555 $6,500.00 CHASE SINGLETON 35 BRANDON CT SPRINGBORO OH 45066 $4,000.00 COOPER BECK 41 GRAYS POINT RD CHARLESTOWN RI 2813 $4,000.00 DEAN SHEPPARD 9215 SUGARSTONE CIR HIGHLANDS RANCH CO 80130 $4,000.00 DEAN, CLARK, A 10310 EASTWOOD DR BRANDENTON FL 34211 $6,500.00 ELIAS P ROGLAND 1708 HOLLY HILL DR WEST COLUMBIA SC 29169 $6,500.00 ERIC M CISLIEK 7031 BAYOU WEST AVE N CLEARWATER FL 33782 $1,500.00 ERIK B WAGNER 14 MORNINGSIDE RD OCEAN CITY NJ 8226 $6,500.00 ETHAN BUSSE 92 TANGLEWOOD DR HENDERSON NV 89012 $4,000.00 ETHAN M MAAS 1036 SE 13TH AVE MINNEAPOLIS MN 55414 $1,500.00 EZEKIEL J COCHRAN 16206 NE 36TH AVE RIDGEFIELD WA 98642 $6,500.00 FELBINGER, TIM 508 DEER CLIFF CT WOODSTOCK GA 30189 $2,500.00 FINN MALONE 7001 SEAVIEW AVE NW, STE 160-788 SEATTLE WA 98117 $6,500.00 FLORIAN COVINGTON 4816 OLD GREENVILLE HWY LIBERTY SC 29657 $4,000.00 FUNKE, DAKOTA, S 511 TERRACE LANE SOUTH ELGIN IL 60177 $2,500.00 FURR, LANDEN 1730 SCOTTS HILL LOOP RD WILIMNGTON NC 28411 $6,500.00 GAMLER, CHAD, J 149 POWERLINE R BOWERTOWN PA 19512 $5,000.00 GEIB, LIAM, E 27 LAURELWOOD DR WALLINGFORD CT 6492 $6,500.00 GILTNER, DAVID 2494 BALMORAL DR AKRON OH 44333 $6,500.00 GOLTER, CHRISTOPHER, E 216 KIRKSTONE PL ROCKLAND IL 61072 $2,500.00 GRAHAM, JOHN 9044 PINE HEIGHTS PL PITTSBURG PA 15237 $6,500.00 GRIFFITH, DAVID, JOHN 9 OAK KNOLL RD LINCOLN MA 1773 $6,500.00 HARRIS, BRANDON 3120 LEGACY TRACE CINCINNATI OH 45237 $6,500.00 HARRISON SCHOFIELD 1328 HILLVIEW DR SARASOTA FL 34239 $6,500.00 HATLEY, PARKER 11 OLNEY RD ASHEVILLE NC 28806 $6,500.00 HAYNIE, MATTHEW, R 34 STONEHENGE RD MORRISTOWN NJ 7960 $5,000.00 HEIDENREICH, JACK, R 1003 DAVIS CT FONTANA WI 53125 $5,000.00 HEIN, NICHOLAS, M 150 PARK FILLS DR SE GRAND RAPIDS MI 49506 $5,000.00 HELFGOTT, WILLIAM 844 RIVER BLUFF RD NO AUGUSTA SC 29841 $6,500.00 HOFFMAN, PARKER 105 STOWMARKET DR GOOSE CREEK SC 29445 $6,500.00 HUEBNER, WILLIAM 20 NICHOLAS RD HOPKINTON MA 1748 $4,000.00 JAKOB C FOSSEN 16022 HARWARD DR LAKEVILLE MN 55044 $6,500.00 JESTER, WALKER 15606 OXENFORD DR. TOMBALL TX 77377 $5,000.00 JOHN A BONEE 19 SCARSDALE RD WEST HARTFORD CT 6107 $6,500.00 JONAH GRIESER 717 PUBLIC AVE MOSCOW ID 83843 $4,000.00 JOSH SALMON 424 SPOTSWOOD ST MOSCOW ID 83843 $6,500.00 JOSIAH E RICHARDS 3300 W CAMELBACK RD PHOENIX AZ 85017 $1,500.00 KAI W VICKERS 8025 9TH AVE NW SEATTLE WA 98117 $6,500.00 KAMRYN BREWER 22516 E 1070 RD CLINTON OK 73601 $5,988.98 KELLNER, JACOB B P.O. BOX 135 ESTELL MANOR NJ 8319 $6,500.00 KEPHART, CHRISTOPHER, J 965 ALPINE RD MARION IA 52302 $6,500.00 KEVIN PFUNDSTEIN 3396 EMERIC AVE WANTAGH NY 11793 $1,500.00 KYLE A GOINS 2114 TENWAY DRIVE SE GRAND RAPIDS MI 49506 $6,500.00 LAMERS, CHRISTIAN, JAMES 155 WOODLAND RD HAMPTON NH 3842 $6,500.00 LAWLER, PATRICK, T 120 MILL RUN DR LEHIGHTON PA 18235 $6,500.00 LIESCHING, TRENT, S 115 WESTFIELD DR E. GREENWICH RI 2818 $6,500.00 LOUDENBACK, ELIJAH, R 23704 NE MARGARET RD BRUSH PRAIRIE WA 98606 $6,500.00 LUCAS MARKOVITZ 148 EDGEMONT AVE ARDMORE PA 19003 $6,500.00 LUKAS WESCHE 1833 COOPERS POND RD AUBURN AL 36830 $4,000.00 MANFRED KAI LECKSZAS 410 6TH ST NE WASHINGTON DC 20002-5204 $1,500.00 MARK E HARI 3165 COMPTON RD AURORA IL 60504 $6,500.00 MARTIN, JASON, A. 28 EDMONDS DR ROYERSFORD PA 19468 $6,500.00 MATTHEW FALVEY 5050 W PORTLAND DR LITTLETON CO 80128 $6,500.00 MAY, THATCHER, W 4000 CONGER MESA RD MCCOY CO 80463 $6,500.00 MCCORMICK, CHARLES, A 1202 OXFORD AVE BENTON AR 72019 $6,500.00 MILLER, RYAN, J 3616 BECKET LANE NAPERVILLE IL 60564 $2,500.00 MITCHELL, NOAH T 227 LAGARTO CT PINEHURST TX 77362 $6,500.00 MITTEREDER, ALEX 5122 SCENIC RD MURRYSVVILLE PA 15668 $6,500.00 MULLIKIN, EVAN 206 DAVERICK CT COLD SPRING KY 41076 $6,500.00 NATE SEMLICK 4321 N RIDGEFIELD WOODS DR RIDGEFIELD WA 98642 $4,000.00 NATHAN CHRISTNER 3305 BRANDYWINE CT BELLINGHAM WA 98226 $6,500.00 NICHOLAS M HEIN 150 PARK HILLS DR SE GRAND RAPIDS MI 49506 $1,500.00 NOAH ESPER 21055 PICKERELWEED TERR ASBURN VA 20147 $4,000.00 NYMAN, JONATHAN P.O. BOX 351 BUFFALO CENTER IA 50424 $6,500.00 OLIVER, REMY, T.B. 204 WOODVINE DR WILLIAMSBURG VA 23185 $5,000.00 ONDECK, NATHANIEL 310 EAST 71ST ST APT 6L NEW YORK NY 10021 $6,500.00 PERGAMS, SEAN, W 6868 N LORON CHICAGO IL 60646 $6,500.00 PHILLIPS, JASEN 940 NW HOBART AVE APT 6 CORVALLIS OR 97330 $6,500.00 PURNELL, DANIEL 27 COLEBROOKDALE ROAD BOYERTOWN PA 19512 $6,500.00 RAAS, SALOMON 115 AIRPORT RD ATHENS GA 30605 $6,500.00 RATZKE, JAKE, T 64 HERITAGE LANE RIVERHEAD NY 11901 $2,500.00 REIDER, CHRISTOPHER 8328 CRIMSON DR VIERA FL 32940 $6,500.00 RICE, BENJAMIN 415 1/2 E 7TH ST MOSCOW ID 83843 $6,500.00 ROBERT SELLERS 100 BIRCHWOOD DR NORTHFORD CT 6472 $4,000.00 ROONEY, ROBERT 14806 EAST BELLA VISTA DR VERADALE VA 99037 $6,500.00 RUGGEBERG, TYLER 24038 E. JAMISON DR AURORA CO 80016 $6,500.00 RYLEE P BUCHERT 10618 S FULON AVE TULSA OK 74137 $6,500.00 SAMUEL B REES 1872 W TUTTLE PARK RD MADISON OH 44057 $1,500.00 SAMUEL HALL 221 SANDTRAP CIR WEYMOUTH MA 2190 $4,000.00 SCHILLER, JUSTIN, T 105 MILLSPAUGH DR FAIRFIELD CT 6824 $5,000.00 SILAS PAUL 2511 N HENRY ST POST FALLS ID 83854 $4,000.00 SPANBAUER, CALVIN, L. 7036 RAGLAND RD CINCINNATI OH 45244 $6,500.00 TEAGAN F MCCAIN 66 SPRIN ST MARION MA 02738-1518 $6,500.00 THOMAS CARPENTER 811 SHERWOOD ST MOSCOW ID 83843 $6,500.00 THOMAS, JARED 984 AKIN WAY THE VILLAGES FL 32163 $6,500.00 TRAPHAGEN, STEVEN, V 17900 NE 28TH ST VANCOUVER WA 98682 $6,500.00 TYLER T PHILLIPS 5110 DIXSON DR ERIE PA 16509 $4,000.00 UTON DELLOSSO 7810 JEFFERSON CIR COLLEYVILLE TX 76034 $6,500.00 WALDINGER, ALEXANDER, R 334 DUPAHZE ST NAPERVILLE IL 60565 $5,000.00 WESCHE, OLIVER 29816 COPPERPENNY DR HARVEST AL 35749 $2,500.00 WHITFIELD, WESTON, K 1214 LAKE AVE N AUGUSTA SC 29841 $6,500.00 WILDES, HENRY 2618 SANDELL AVE KINGSBURG CA 93631 $5,000.00 WILLIAM T HUEBNER 20 NICHOLS RD HOPKINTON MA 1748 $2,500.00 WILLIAM TRUE 11908 SE SOUTHERN LITES DR HAPPY VALLEY OR 97086 $6,500.00 ZACHAREY B KEHL 5774 NICKEL DR ERIE PA 16509 $6,500.00 ZAKARY DROUKAS 9 SKYLINE DR BROOKFIELD CT 6804 $6,500.00

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    MAUD GLOVER FOLSOM FOUNDATION INC
    EIN:
    11-1965890
    Name of Bond End of Year Book Value End of Year Fair Market Value
    PIMCO SHORT ASSET INVESTMENT FUND 2,019,237 1,982,905

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    MAUD GLOVER FOLSOM FOUNDATION INC
    EIN:
    11-1965890
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBVIE INC. 132,245 660,146
    ADOBE 204,101 738,216
    ALPHABET CL A 90,257 697,920
    ALPHABET CL C 89,737 699,840
    APOLLO GLOBAL MGMT 280,832 571,000
    APPLE 110,132 1,300,080
    AT&T 129,810 150,240
    COCA COLA 21,090 474,858
    FORTIVE CORP 430,634 386,700
    GENERAL MOTORS 227,757 290,080
    GENERAL ELECTRIC 232,258 240,208
    ILLINOIS TOOL WORKS 95,435 415,520
    JOHNSON & JOHNSON 76,518 349,040
    MERCK 19,209 360,576
    ORGANON 960 12,783
    SPX 230,642 591,300
    THERMO FISHER SCIENTIFIC 41,140 1,077,138
    VENTAS 43,554 245,344
    WELLTOWER REIT 148,619 431,700
    WARNER BROS DISCOVERY 39,832 29,025

    TY 2021 InvestmentsOtherSchedule2
    Name:
    MAUD GLOVER FOLSOM FOUNDATION INC
    EIN:
    11-1965890
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ENERGY TRANSFER LP AT COST 84,055 260,130
    ENTERPRISE PRODUCTS PARTNER LP AT COST 0 668,250
    PLAINS ALL AMERICAN PIPELINE LP AT COST 11,663 270,480

    TY 2021 LegalFeesSchedule
    Name:
    MAUD GLOVER FOLSOM FOUNDATION INC
    EIN:
    11-1965890
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL SERVICES 25,502 5,100   20,402


    TY 2021 OtherDecreasesSchedule
    Name:
    MAUD GLOVER FOLSOM FOUNDATION INC
    EIN:
    11-1965890
    Description Amount
    DIFFERENCE FOR PTP VALUES ON FISCAL YEAR BASIS 8,581


    TY 2021 OtherExpensesSchedule
    Name:
    MAUD GLOVER FOLSOM FOUNDATION INC
    EIN:
    11-1965890
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INSURANCE 2,591 0   2,591
    OFFICE EXPENSES 8,596 0   8,596
    POSTAGE 649 0   649
    AUTO EXPENSE 2,819 0   2,819
    DATA MANAGEMENT AND OPERATIONS 21,948 0   21,948
    INVESTMENT INTEREST EXPENSES FROM PUBLICLY TRADED PARTNERSHIPS 975 975   0
    INVESTMENT EXPENSES FROM PUBLICLY TRADED PARTNERSHIPS 2,049 2,049   0
    REPAIRS AND MAINTENANCE 3,742 0   3,742
    COMPUTER EXPENSES 6,256 0   6,256
    FILING FEES 750 0   750


    TY 2021 OtherIncomeSchedule2
    Name:
    MAUD GLOVER FOLSOM FOUNDATION INC
    EIN:
    11-1965890
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    MISC INVESTMENT INCOME K-1 74,530 0 74,530


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    MAUD GLOVER FOLSOM FOUNDATION INC
    EIN:
    11-1965890
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CUSTODIAN FEES 86,837 86,837   0


    TY 2021 TaxesSchedule
    Name:
    MAUD GLOVER FOLSOM FOUNDATION INC
    EIN:
    11-1965890
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 6,946 0   0