Form990-PF


Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 09-01-2021 , and ending 08-31-2022
Name of foundation
FRANK & BETTY WRIGHT FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)12505 PARK POTOMAC AVE STE 250
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
POTOMAC, MD20854
A Employer identification number

52-1041780
B Telephone number (see instructions)

(301) 656-0001
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$14,114,151J 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 60 60  
4 Dividends and interest from securities... 335,573 335,573  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 807,036
b Gross sales price for all assets on line 6a 4,076,578
7 Capital gain net income (from Part IV, line 2)... 807,036
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 79,945 79,945  
12 Total. Add lines 1 through 11........ 1,222,614 1,222,614  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 42,500     42,500
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 3,518     3,518
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 39,158     39,158
c Other professional fees (attach schedule).... Click to see attachment 260,501 206,376   54,125
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 421 341   80
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 22,912     22,912
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 369,010 206,717   162,293
25 Contributions, gifts, grants paid....... 687,735 687,735
26 Total expenses and disbursements. Add lines 24 and 25 1,056,745 206,717   850,028
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 165,869
b Net investment income (if negative, enter -0-) 1,015,897
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.............      
2 Savings and temporary cash investments......... 816,938 192,093 192,093
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) 372,748 Click to see attachment298,176 275,425
b Investments—corporate stock (attach schedule)....... 9,316,719 Click to see attachment10,381,416 10,287,769
c Investments—corporate bonds (attach schedule)....... 2,368,294 Click to see attachment2,206,262 1,962,880
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,296,731 Click to see attachment1,259,352 1,395,984
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) 14,171,430 14,337,299 14,114,151
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
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 14,171,430 14,337,299
29 Total net assets or fund balances (see instructions)..... 14,171,430 14,337,299
30 Total liabilities and net assets/fund balances (see instructions). 14,171,430 14,337,299
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
14,171,430
2
Enter amount from Part I, line 27a .....................
2
165,869
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
14,337,299
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
14,337,299
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 4,000 SHS SOUTHESTERN ENERGY CO P 2018-07-23 2021-09-01
b 2,000 SHS SUNOCO LP P 2019-02-05 2021-10-20
c 5,000 SHS COMCAST CORP P 2019-03-26 2021-10-27
d 4,730 SHS WESTERN ASSET SMASH P 2018-07-17 2021-10-27
e 23,000 SHS BERKSHIRE HATHAWAY INC P 2020-07-28 2021-11-02
2,000 SHS NEWFIELD EXPLORATION CO P 2020-11-06 2021-11-15
5 SHS ADOBE INC P 2021-12-07 2021-12-10
6,000 SHS UNITED STATES TREAS BOND P 2018-07-17 2022-01-18
5 SHS MIROSOFT CORP P 2021-12-07 2022-01-24
19,000 SHS FNMA PL FM P 2021-05-11 2022-02-09
2,000 SHS ANTERO RESOURCES CORP P 2019-03-12 2022-03-01
1,000 SHS UNITED STATES TREAS BOND P 2018-07-30 2022-03-22
3 SHS HOME DEPOT INC P 2021-12-07 2022-04-05
2,000 SHS US TSY NOTE 1.625 P 2020-06-17 2022-05-10
1,000 SHS TSY NOTE .75 P 2021-07-13 2022-06-08
25.355 SHS BELLRING BRAND INC P 2020-11-04 2022-06-22
5,285.523 SHS CLEARBRIDGE INT GROWTH P 2019-08-21 2022-06-30
175.898 SHS MORGAN STANLEY GROWTH P 2019-12-11 2022-08-16
6,000 SHS L BRANDS INC P 2018-07-23 2021-09-03
3,000 SHS SUNOCO LP P 2019-04-19 2021-10-20
7,000 SHS CVS HEALTH CORP P 2020-06-09 2021-10-27
3,681 SHS WESTERN ASSET SMASH P 2018-07-17 2021-10-27
8,000 SHS GLP CAP LP/ GLP FING P 2018-07-23 2021-11-02
9,503.946 SHS MORGAN STANLEY GROWTH P 2018-07-19 2021-11-15
13 SHS ETSY INC P 2021-12-07 2021-12-13
1,000 SHS UNITED STATES TREAS BOND P 2018-07-30 2022-01-18
8,000 SHS NETFLIX INC P 2019-01-23 2022-01-25
2,000 SHS FNMA PL FM P 2021-06-09 2022-02-09
16,000 SHS FNMA PL MA P 2021-06-10 2022-03-09
2,000 SHS UNITED STATES TREAS BOND P 2020-04-14 2022-03-22
2,000 SHS TARGA RES PARTNERS LP P 2019-11-05 2022-04-06
770 SHS WESTERN ASSET SMASH P 2018-07-17 2022-05-11
21,000 SHS US TSY NOTE .25 P 2021-03-11 2022-06-08
19.016 SHS BELLRING BRAND INC P 2020-11-04 2022-06-22
12,231.177 SHS MORGAN STANLEY INST P 2018-07-19 2022-06-30
326.958 SHS MORGAN STANLEY GROWTH P 2019-12-11 2022-08-16
6,000 SHS TENET HEALTHCARE CORP P 2019-09-06 2021-09-10
2,000 SHS SUNOCO LP P 2019-04-04 2021-10-20
5,000 SHS ENTERPRISE PRODUCTS P 2018-11-02 2021-10-27
10,364 SHS WESTERN ASSET SMASH P 2018-07-17 2021-10-27
2,000 SHS SPRINT CORP NTS P 2019-03-21 2021-11-02
2,000 SHS CARPENTER TECHNOLOGY P 2021-04-12 2021-11-16
2,000 SHS NEWFIELD EXPLORATION CO P 2020-11-05 2021-12-15
9,000 SHS UNITED STATES TREAS BOND P 2019-09-27 2022-01-18
9 SHS FORTIVE CORP P 2021-12-07 2022-01-28
7,000 SHS FNMA PL FM P 2021-07-09 2022-02-09
20 SHS CHURCH & DWIGHT CO INC P 2021-03-30 2022-03-10
20 SHS VERISK ANALYTICS INC P 2021-12-07 2022-03-23
21,000 SHS US TSY NOTE .75 P 2021-05-27 2022-04-08
14 SHS CADENCE DESIGN SYSTEM P 2021-12-07 2022-05-16
11,000 SHS US TSY NOTE .75 P 2021-05-27 2022-06-08
34.230 SHS BELLRING BRAND INC P 2020-11-04 2022-06-22
2,000 SHS RANGE RESOURCES COPR P 2018-07-23 2022-07-08
4,000 SHS WESTERN DIGITAL CORP P 2018-07-23 2022-08-17
4,000 SHS BALL CORP P 2018-07-23 2021-09-13
2,000 SHS FREEPORT MCMORAN COPPER P 2018-07-23 2021-10-25
2,000 SHS FNMA BOND P 2018-07-17 2021-10-27
7,000 SHS CDW LLC/CDW FIN COPR P 2021-05-17 2021-10-28
2,000 SHS SPRINT CORP NTS P 2019-03-21 2021-11-03
940 SHS WESTERN ASSET SMASH P 2018-07-17 2021-11-17
4,000 SHS CEDAR FAIR LP P 2018-07-23 2021-12-17
1,000 SHS UNITED STATES TREAS BOND P 2020-05-05 2022-01-18
2 SHS AMERICAN TOWER CORP P 2021-12-07 2022-02-01
3,000 SHS FNMA PL FM P 2021-09-09 2022-02-09
51 SHS STORE CAP CORP REIT P 2020-03-20 2022-03-10
2,000 SHS TARGA RES PARTNERS LP P 2021-02-23 2022-03-24
7 SHS WEST PARMACEUTICAL P 2021-12-07 2022-04-19
5 SHS HOME DEPOT INC P 2021-12-07 2022-05-16
6 SHS ADOBE INC P 2021-12-07 2022-06-09
39.301 SHS BELLRING BRAND INC P 2020-11-04 2022-06-22
5 SHS ADOBE INC P 2021-12-07 2022-07-11
2,000 SHS WESTERN DIGITAL CORP P 2020-06-11 2022-08-17
3,000 SHS MARRIOTT OWNERSHIP P 2019-08-19 2021-09-15
2,000 SHS POLYONE CORP NTS P 2018-07-23 2021-10-25
4,000 SHS GENL ELEC CAP CORP P 2018-07-18 2021-10-27
4,000 SHS NUANCE COMMUNICATIONS P 2021-01-25 2021-10-28
260 SHS ENTEGRIS INC P 2020-11-04 2021-11-03
25,000 SHS UBS AG P 2021-05-14 2021-11-17
4,000 SHS NAVIENT CORP NTS P 2021-05-19 2021-12-20
2,000 SHS UNITED STATES TREAS BOND P 2020-06-03 2022-01-18
8 SHS DANAHER CORP P 2021-12-07 2022-02-01
5 SHS WEST PARMACEUTICAL P 2021-12-07 2022-02-10
31 SHS VERION COMMUNICATIONS INC P 2019-08-27 2022-03-10
1,000 SHS TARGA RES PARTNERS LP P 2021-02-23 2022-03-24
21 SHS ALTRIA GROUP INC P 2019-08-27 2022-04-25
124 SHS CITRIX SYSTEMS INC P 2020-11-04 2022-05-17
3,000 SHS EQT MIDSTREAM PARTNERS LP P 2021-04-28 2022-06-14
59.586 SHS BELLRING BRAND INC P 2020-11-04 2022-06-22
4 SHS IDEXX LABS P 2021-12-07 2022-07-11
6,000 SHS KRAFT HEINZ FOODS CO P 2022-03-08 2022-08-18
14 SHS BERKSHIRE HATHAWAY INC P 2019-08-27 2021-09-16
22,000 SHS STATE STREET CORP P 2020-06-24 2021-10-27
5,000 SHS GOLDMAN SACHS P 2020-07-09 2021-10-27
11,000 SHS ALCOA INC NTS P 2018-07-23 2021-10-28
530 SHS OLD DOMINION FREIGHT P 2020-11-04 2021-11-03
5,000 SHS GENL ELEC CAP CORP NTS P 2018-07-18 2021-12-01
15 SHS FORTIVE CORP P 2021-12-07 2021-12-29
1,000 SHS UNITED STATES TREAS BOND P 2020-11-19 2022-01-18
42 SHS FORTIVE CORP P 2021-12-07 2022-02-01
21,000 SHS PROCTER & GAMBLE CO P 2020-05-19 2022-02-15
3,000 SHS FREEPORT-MCMORAN COPPER P 2020-11-19 2022-03-10
3,000 SHS TARGA RES PARTNERS LP P 2021-02-24 2022-03-24
33 SHS BERKSHIRE HATHAWAY INC P 2019-08-27 2022-04-25
811 SHS GCP AAPLIED TECH P 2020-11-04 2022-05-17
1,000 SHS EQT MIDSTREAM PARTNERS LP P 2021-04-29 2022-06-14
10 SHS GCP AAPLIED TECH P 2020-11-04 2022-06-22
2,000 SHS RANGE RESOURCES COPR P 2018-07-23 2022-07-11
1,000 SHS MURPHY OIL CORP P 2018-07-23 2022-08-19
9 SHS NORFOLK STHN CORP P 2019-08-27 2021-09-16
2,000 SHS FREEPORT MCMORAN COPPER P 2018-07-23 2021-10-27
6,000 SHS JPMORGAN CHASE P 2019-01-23 2021-10-27
3,000 SHS ALLY FINANCIAL INC P 2019-11-04 2021-10-28
8 SHS OLD DOMINION FREIGHT P 2021-10-28 2021-11-03
2,000 SHS GENL ELEC CAP CORP NTS P 2018-11-26 2021-12-01
3 SHS WEST PARMACUETICAL P 2021-12-07 2021-12-29
1,000 SHS UNITED STATES TREAS BOND P 2020-12-02 2022-01-18
4 SHS HOME DEPOT INC P 2021-12-07 2022-02-01
2,000 SHS AMERIGAS PART P 2021-04-19 2022-02-16
3,000 SHS TARGA RES PARTNERS LP P 2021-02-23 2022-03-10
1,000 SHS TARGA RES PARTNERS LP P 2021-02-24 2022-03-24
12 SHS ETSY INC P 2021-12-07 2022-04-29
8,000 SHS UNITED RENTALS NORTH AM P 2018-07-23 2022-05-21
35.498 SHS BELLRING BRAND INC P 2020-11-04 2022-06-21
51 SHS BELLRING BRAND INC P 2021-11-01 2022-06-23
4,000 SHS RANGE RESOURCES COPR P 2018-07-23 2022-07-15
5,000 SHS US TSY NOTE .375 P 2020-12-09 2022-08-24
13 SHS TEXAS INSTRUMENTS P 2020-05-05 2021-09-16
6,000 SHS FNMA PL FM P 2021-05-11 2021-10-27
5,000 SHS SHELL INTL FIN NTS P 2018-07-18 2021-10-27
7,000 SHS ALLY FINANCIAL INC P 2019-11-05 2021-10-28
26 SHS OLD DOMINION FREIGHT P 2021-11-01 2021-11-03
1,000 SHS GENL ELEC CAP CORP NTS P 2020-04-08 2021-12-01
4,000 SHS SOUTHWESTERN ENERGY CO P 2018-07-23 2021-12-31
2,000 SHS APACHE CORP NTS P 2020-06-17 2022-01-18
5 SHS MIROSOFT CORP P 2021-12-07 2022-02-01
13,000 SHS ICAHN ENTERPRISES P 2018-07-23 2022-02-18
73 SHS FORTIVE CORP P 2021-12-07 2022-03-14
3,000 SHS UNITED STATES TREAS BOND P 2020-04-14 2022-03-25
8 SHS UNITEDHEALTH GROUP INC P 2021-12-07 2022-04-29
4,000 SHS UNITED STATES TREAS BOND P 2019-05-01 2022-05-25
4.010 SHS BELLRING BRAND INC P 2020-11-04 2022-06-21
383 SHS GCP AAPLIED TECH P 2021-11-01 2022-06-23
8 SHS ENPHASE ENERGY INC P 2021-12-07 2022-08-02
4,000 SHS US TSY NOTE .375 P 2021-03-04 2022-08-24
294 SHS BRISTOL MYERS SQUIBB CO P 2019-08-27 2021-09-22
9,000 SHS FNMA PL MA P 2021-06-10 2021-10-27
13,000 SHS UNITED STATES TREAS BOND P 2019-05-01 2021-10-27
4,000 SHS HILTON GRAND VACA LLC P 2018-07-23 2021-10-28
2,000 SHS POLYONE CORP NTS P 2018-07-23 2021-11-04
4,000 SHS FORD MOTOR COMPANY P 2020-04-21 2021-12-07
3,000 SHS CIT GROUP INC P 2019-07-24 2022-01-05
4,000 SHS NAVIENT CORP NTS P 2021-05-19 2022-01-19
3 SHS THERMO FISHER SCIENTIFIC P 2021-12-07 2022-02-01
20,000 SHS CON EDISON CO OF NY INC P 2021-09-15 2022-02-23
172 SHS STARBUCKS CORP P 2021-12-07 2022-03-16
2,000 SHS UNITED STATES TREAS BOND P 2020-06-03 2022-03-25
11 SHS CADENCE DESIGN SYSTEM P 2021-12-07 2022-05-03
17,000 SHS 3M CO P 2020-06-09 2022-05-25
196.491 SHS BELLRING BRAND INC P 2020-11-04 2022-06-21
1 SHS GCP AAPLIED TECH P 2021-11-01 2022-06-24
3,000 SHS WESTERN DIGITAL CORP P 2018-07-23 2022-08-11
2,000 SHS WESTERN DIGITAL CORP P 2020-06-11 2022-08-25
79 SHS CARMAX INC P 2019-08-27 2021-09-22
4,000 SHS FNMA PL MA P 2021-10-14 2021-10-27
12,000 SHS UNITED STATES TREAS BOND P 2018-07-17 2021-10-27
5,000 SHS NEWELL BRANDS INC P 2020-01-14 2021-10-28
2,000 SHS POLYONE CORP NTS P 2018-07-23 2021-11-04
3,000 SHS FORD MOTOR COMPANY P 2020-04-21 2021-12-07
1,000 SHS CIT GROUP INC P 2019-07-24 2022-01-06
3,000 SHS COVANTA HLDG CORP P 2020-10-21 2022-01-19
4 SHS UNITEDHEALTH GROUP INC P 2021-12-07 2022-02-01
1,000 SHS VIACOM INC P 2018-07-23 2022-02-28
10 SHS STARBUCKS CORP P 2021-12-10 2022-03-16
1,000 SHS UNITED STATES TREAS BOND P 2020-11-19 2022-03-25
68 SHS ETSY INC P 2021-12-07 2022-05-03
5 SHS ADOBE INC P 2021-12-07 2022-05-27
211 SHS GCP AAPLIED TECH P 2020-11-04 2022-06-21
19,000 SHS BK OF NY MELLON CORP P 2020-08-20 2022-06-27
8 SHS ENPHASE ENERGY INC P 2021-12-07 2022-08-12
3,000 SHS ENLINK MIDSTREAM P 2018-09-04 2022-08-31
158 SHS SCHWAB CHARLES CORP NEW P 2019-08-27 2021-09-22
11,000 SHS US TSY NOTE 375 P 2020-12-09 2021-10-27
9,000 SHS UNITED STATES TREAS BOND P 2018-07-17 2021-10-27
4,000 SHS NUANCE COMMUNICATIONS P 2018-07-23 2021-10-28
4,000 SHS TELECOM ITALIA P 2018-07-23 2021-11-04
2,000 SHS FORD MOTOR COMPANY P 2020-05-06 2021-12-07
2,000 SHS CIT GROUP INC P 2019-07-31 2022-01-06
20 SHS COPART INC P 2021-10-28 2022-01-21
5 SHS WEST PHARMACEUTICAL P 2021-12-07 2022-02-01
2,000 SHS VIACOM INC P 2018-11-13 2022-02-28
3,000 SHS AMERICAN AXLE & MFG INC P 2019-04-25 2022-03-21
1,000 SHS UNITED STATES TREAS BOND P 2021-02-05 2022-03-25
6 SHS ETSY INC P 2022-02-08 2022-05-03
9 SHS ANALOG DEVICES INC P 2021-12-07 2022-06-02
58.318 SHS BELLRING BRAND INC P 2021-10-28 2022-06-22
10,000 SHS US TSY NOTE .375 P 2020-05-26 2022-06-28
19,000 SHS US TSY NOTE 1.625 P 2020-06-17 2022-08-12
6,000 SHS CROWN AMER CAP CORP NTS P 2018-07-23 2021-10-14
12,000 SHS US TSY NOTE 750 P 2021-05-27 2021-10-27
13,000 SHS US TSY NOTE P 2020-05-26 2021-10-27
5,000 SHS TOLL BROS FIN CORP P 2019-07-24 2021-10-28
226 SHS CITRIX SYSTEMS INC P 2020-03-10 2021-11-08
2,000 SHS FORD MOTOR COMPANY P 2020-05-06 2021-12-07
2,000 SHS CIT GROUP INC P 2019-08-05 2022-01-13
68 SHS COPART INC P 2021-11-01 2022-01-21
1 SHS VISA INC CL A P 2021-12-07 2022-02-01
395 SHS WESTERN ASSET SMASH P 2018-07-17 2022-03-01
2,000 SHS APACHE CORP P 2020-09-09 2022-03-21
2,000 SHS UNITED STATES TREAS BOND P 2021-03-04 2022-03-25
2,000 SHS US TSY NOTE 1.25 P 2022-01-18 2022-05-10
4,000 SHS MURPHY OIL CORP P 2018-07-23 2022-06-02
158.185 SHS BELLRING BRAND INC P 2021-11-01 2022-06-22
1,000 SHS US TSY NOTE .375 P 2020-06-03 2022-06-28
3,000 SHS US TSY NOTE 1.625 P 2020-07-08 2022-08-12
6,000 SHS FNMA PL MA P 2021-01-11 2021-10-14
12,000 SHS US TSY NOTE 125 P 2021-02-22 2021-10-27
8,000 SHS US TSY NOTE P 2020-06-17 2021-10-27
6,000 SHS VERISIGN INC NTS P 2018-07-23 2021-10-28
7 SHS CITRIX SYSTEMS INC P 2020-04-07 2021-11-08
5,000 SHS UNITED STATES TREAS BOND P 2018-07-17 2021-12-08
1,000 SHS CIT GROUP INC P 2019-08-13 2022-01-13
138 SHS COPART INC P 2020-11-04 2022-01-21
9 SHS FORTIVE CORP P 2021-12-07 2022-02-03
2,000 SHS ANTERO RESOURCES CORP P 2021-04-28 2022-03-01
2,000 SHS APACHE CORP P 2020-09-10 2022-03-21
23,000 SHS AMERICAN EXPRESS CO P 2021-06-28 2022-03-31
4,000 SHS US TSY NOTE .375 P 2020-05-26 2022-05-10
13,000 SHS US TSY NOTE .375 P 2020-05-26 2022-06-02
142 SHS GCP AAPLIED TECH P 2021-10-28 2022-06-22
6,000 SHS US TSY NOTE .375 P 2020-06-09 2022-06-28
1,000 SHS US TSY NOTE 1.625 P 2020-12-02 2022-08-12
18,000 SHS FNMA PL MA P 2021-03-08 2021-10-14
4,000 SHS BANK OF AMERICA P 2020-04-14 2021-10-27
4,000 SHS VERIZON COMMUNICATIONS P 2020-04-16 2021-10-27
5,000 SHS EMC CORP P 2018-07-23 2021-10-29
25,000 SHS CITIGROUP GLOBAL MARKETS P 2021-05-05 2021-11-10
2,000 SHS OCCIDENTAL PETROLEUM COR P 2020-08-24 2021-12-09
3,000 SHS UNITED STATES TREAS BOND P 2021-03-04 2022-01-18
35 SHS MARTIN MARIETTA MATERIALS INC P 2020-11-04 2022-01-21
3 SHS UNITED HEALTH GROUP INC P 2021-12-07 2022-02-03
2,000 SHS ANTERO RESOURCES CORP P 2021-04-29 2022-03-01
10,000 SHS UNITED STATES TREAS BOND P 2018-07-17 2022-03-22
38 SHS DYNATRACE INC P 2021-12-07 2022-04-05
3,000 SHS US TSY NOTE .375 P 2020-12-09 2022-05-10
23,000 SHS IS BANCORP MED TERM P 2020-05-19 2022-06-03
121 SHS GCP AAPLIED TECH P 2021-11-01 2022-06-22
1,000 SHS US TSY NOTE .375 P 2020-06-16 2022-06-28
5,159.359 SHS MORGAN STANLEY GROWTH P 2018-07-19 2022-08-16
3,000 SHS FNMA PL MA P 2021-04-12 2021-10-14
5,000 SHS CITIGROUP INC P 2018-07-18 2021-10-27
5,000 SHS WELLS FARGO & CO P 2018-07-18 2021-10-27
1,000 SHS ALBERSTON COS LLC P 2020-02-18 2021-11-01
4,000 SHS NEWFIELD EXPLORATION CO P 2020-11-05 2021-11-15
2,000 SHS OCCIDENTAL PETROLEUM CRP P 2020-08-26 2021-12-09
1,000 SHS UNITED STATES TREAS BOND P 2021-05-27 2022-01-18
8 SHS MARVELL TECH INC P 2021-12-07 2022-01-24
29 SHS FORTIVE CORP P 2021-12-07 2022-02-08
2,000 SHS ANTERO RESOURCES CORP P 2019-03-12 2022-03-01
1,000 SHS UNITED STATES TREAS BOND P 2018-07-23 2022-03-22
7 SHS ETSY INC P 2021-12-07 2022-04-05
1,000 SHS US TSY NOTE 1.125 P 2021-02-22 2022-05-10
5,000 SHS CDK GLOB INC P 2022-01-04 2022-06-06
15.006 SHS BELLRING BRAND INC P 2020-11-04 2022-06-22
1,000 SHS US TSY NOTE .375 P 2020-12-02 2022-06-28
1,653.115 SHS MORGAN STANLEY GROWTH P 2018-12-11 2022-08-16
(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 4,380   3,960 420
b 2,059   1,980 79
c 5,729   5,238 491
d 50,989   50,564 425
e 23,628   23,706 -78
2,221   1,975 246
3,229   3,232 -3
6,819   6,035 784
1,452   1,668 -216
5,464   5,699 -235
2,025   1,933 92
960   888 72
919   1,028 -109
1,909   2,090 -181
915   996 -81
595   599 -4
250,000   245,250 4,750
6,853   7,465 -612
6,615   6,041 574
3,088   3,026 62
7,962   7,909 53
35,669   34,823 846
9,010   8,060 950
1,000,000   463,412 536,588
2,822   3,082 -260
1,137   982 155
8,870   8,152 718
575   596 -21
14,380   15,273 -893
1,921   2,469 -548
2,062   2,074 -12
6,784   7,288 -504
20,121   20,964 -843
446   450 -4
250,000   295,994 -45,994
12,738   13,876 -1,138
6,069   6,131 -62
2,059   2,015 44
6,202   4,805 1,397
95,142   91,307 3,835
2,220   2,050 170
2,066   2,045 21
2,183   2,011 172
10,229   10,455 -226
623   675 -52
2,013   2,069 -56
1,925   1,756 169
4,156   4,503 -347
19,325   20,931 -1,606
1,958   2,550 -592
10,066   10,964 -898
804   834 -30
1,945   1,874 71
3,940   3,928 12
4,230   3,878 352
2,490   1,732 758
2,843   2,534 309
7,221   7,283 -62
2,220   2,050 170
10,039   10,047 -8
4,036   4,029 7
1,137   1,342 -205
496   553 -57
863   892 -29
1,489   924 565
2,085   2,130 -45
2,601   3,011 -410
1,476   2,078 -602
2,596   3,882 -1,286
923   1,078 -155
1,933   3,235 -1,302
1,960   1,964 -4
3,097   3,178 -81
2,108   2,016 92
5,587   4,530 1,057
4,128   4,193 -65
37,226   21,208 16,018
250,000   250,000  
4,427   4,287 140
2,273   2,587 -314
2,286   2,503 -217
1,995   2,151 -156
1,644   1,781 -137
1,043   1,065 -22
1,148   1,027 121
12,380   14,636 -2,256
3,000   3,050 -50
1,399   1,522 -123
1,478   2,435 -957
5,908   6,110 -202
3,889   2,790 1,099
23,398   23,481 -83
5,541   5,651 -110
12,102   11,016 1,086
18,268   10,763 7,505
7,074   5,659 1,415
1,129   1,125 4
1,137   1,303 -166
2,949   3,150 -201
21,574   22,990 -1,416
3,309   3,621 -312
3,128   3,202 -74
10,899   6,577 4,322
24,912   18,318 6,594
1,000   1,017 -17
311   226 85
1,945   1,874 71
1,000   1,022 -22
2,251   1,546 705
2,485   1,732 753
6,763   6,047 716
3,417   3,240 177
2,757   2,647 110
2,830   1,890 940
1,401   1,291 110
1,137   1,270 -133
1,465   1,662 -197
2,045   2,204 -159
3,150   3,196 -46
1,042   1,067 -25
1,175   2,845 -1,670
8,220   7,840 380
831   823 8
1,242   1,304 -62
3,860   3,748 112
4,537   4,993 -456
2,543   1,461 1,082
2,184   2,226 -42
5,345   4,788 557
7,974   7,584 390
8,962   8,893 69
1,415   1,126 289
4,420   3,960 460
2,000   1,977 23
1,531   1,668 -137
13,000   13,126 -126
4,168   5,475 -1,307
2,866   3,703 -837
4,116   3,712 404
4,274   4,078 196
94   105 -11
11,935   8,719 3,216
2,381   1,776 605
3,630   3,934 -304
17,705   14,102 3,603
8,830   9,022 -192
15,952   13,257 2,695
4,138   4,108 30
2,105   2,016 89
4,412   3,805 607
3,607   3,343 264
4,305   4,275 30
1,757   1,882 -125
20,468   21,293 -825
14,955   19,976 -5,021
1,911   2,388 -477
1,676   2,004 -328
16,174   18,768 -2,594
4,598   4,489 109
31   23 8
2,910   3,088 -178
1,960   2,058 -98
10,955   6,339 4,616
4,091   4,107 -16
14,428   12,070 2,358
5,475   5,151 324
2,105   2,016 89
3,309   2,865 444
1,200   1,114 86
3,004   3,117 -113
1,855   1,856 -1
1,000   970 30
869   1,163 -294
955   1,203 -248
6,830   16,120 -9,290
2,125   3,235 -1,110
6,559   4,766 1,793
18,431   22,210 -3,779
2,371   1,776 595
3,000   2,834 166
11,119   5,792 5,327
10,719   10,985 -266
9,969   8,205 1,764
4,128   3,965 163
5,065   4,374 691
2,206   1,993 213
2,400   2,233 167
2,553   3,051 -498
1,963   2,151 -188
2,000   1,927 73
3,047   3,015 32
955   1,117 -162
603   837 -234
1,506   1,675 -169
1,369   1,490 -121
9,225   10,008 -783
18,046   19,796 -1,750
6,288   5,925 363
11,815   11,961 -146
12,769   13,013 -244
5,537   5,197 340
20,590   25,662 -5,072
2,206   1,990 216
2,382   2,229 153
8,682   10,549 -1,867
231   207 24
4,049   4,148 -99
2,120   2,000 120
1,911   2,086 -175
1,856   1,964 -108
4,069   4,098 -29
3,714   4,044 -330
923   1,000 -77
2,849   3,132 -283
5,032   5,137 -105
11,618   11,738 -120
8,195   8,410 -215
6,699   6,080 619
638   1,034 -396
6,013   5,032 981
1,191   1,122 69
17,619   16,572 1,047
601   675 -74
2,025   2,025  
2,120   1,995 125
23,000   23,074 -74
3,720   4,003 -283
12,106   13,011 -905
4,411   3,225 1,186
5,535   5,989 -454
950   1,041 -91
15,096   15,252 -156
4,159   4,179 -20
4,484   4,521 -37
5,226   4,665 561
250,000   250,000  
2,052   1,800 252
3,410   3,411 -1
13,621   9,050 4,571
1,463   1,392 71
2,025   2,028 -3
9,603   9,116 487
1,766   1,942 -176
2,747   2,996 -249
23,009   23,053 -44
3,759   2,755 1,004
922   1,001 -79
201,005   251,570 -50,565
2,516   2,539 -23
5,426   4,769 657
5,407   4,806 601
1,014   1,030 -16
4,442   3,960 482
1,975   1,720 255
1,137   1,134 3
572   729 -157
1,884   2,175 -291
2,025   1,930 95
960   890 70
920   1,659 -739
859   979 -120
5,063   5,180 -117
352   394 -42
922   1,000 -78
64,404   69,084 -4,680
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       420
b       79
c       491
d       425
e       -78
      246
      -3
      784
      -216
      -235
      92
      72
      -109
      -181
      -81
      -4
      4,750
      -612
      574
      62
      53
      846
      950
      536,588
      -260
      155
      718
      -21
      -893
      -548
      -12
      -504
      -843
      -4
      -45,994
      -1,138
      -62
      44
      1,397
      3,835
      170
      21
      172
      -226
      -52
      -56
      169
      -347
      -1,606
      -592
      -898
      -30
      71
      12
      352
      758
      309
      -62
      170
      -8
      7
      -205
      -57
      -29
      565
      -45
      -410
      -602
      -1,286
      -155
      -1,302
      -4
      -81
      92
      1,057
      -65
      16,018
       
      140
      -314
      -217
      -156
      -137
      -22
      121
      -2,256
      -50
      -123
      -957
      -202
      1,099
      -83
      -110
      1,086
      7,505
      1,415
      4
      -166
      -201
      -1,416
      -312
      -74
      4,322
      6,594
      -17
      85
      71
      -22
      705
      753
      716
      177
      110
      940
      110
      -133
      -197
      -159
      -46
      -25
      -1,670
      380
      8
      -62
      112
      -456
      1,082
      -42
      557
      390
      69
      289
      460
      23
      -137
      -126
      -1,307
      -837
      404
      196
      -11
      3,216
      605
      -304
      3,603
      -192
      2,695
      30
      89
      607
      264
      30
      -125
      -825
      -5,021
      -477
      -328
      -2,594
      109
      8
      -178
      -98
      4,616
      -16
      2,358
      324
      89
      444
      86
      -113
      -1
      30
      -294
      -248
      -9,290
      -1,110
      1,793
      -3,779
      595
      166
      5,327
      -266
      1,764
      163
      691
      213
      167
      -498
      -188
      73
      32
      -162
      -234
      -169
      -121
      -783
      -1,750
      363
      -146
      -244
      340
      -5,072
      216
      153
      -1,867
      24
      -99
      120
      -175
      -108
      -29
      -330
      -77
      -283
      -105
      -120
      -215
      619
      -396
      981
      69
      1,047
      -74
       
      125
      -74
      -283
      -905
      1,186
      -454
      -91
      -156
      -20
      -37
      561
       
      252
      -1
      4,571
      71
      -3
      487
      -176
      -249
      -44
      1,004
      -79
      -50,565
      -23
      657
      601
      -16
      482
      255
      3
      -157
      -291
      95
      70
      -739
      -120
      -117
      -42
      -78
      -4,680
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 2 807,036
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 -5,464
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  
3 Add lines 1 and 2........................... 3 14,121
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 14,121
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 5,450
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 5,450
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 104
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 8,775
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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletDC
    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 ofbulletMENDELSON & MENDELSON CPA'S Telephone no.bullet (301) 656-0001

    Located atbullet12505 PARK POTOMAC AVENUE SUITE 250POTOMACMD ZIP+4bullet20854
    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)
    Yes
     
    (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)
     
    No
    (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
     
     
    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
    JAMES EPSTEINClick to see attachment PRESIDENT
    8.00     		20,000 0 0
    12505 PARK POTOMAC AVE
    SUITE 250
    POTOMAC,MD20854
    BRAD L MENDELSONClick to see attachment TREASURER
    8.00     		20,000 0 0
    12505 PARK POTOMAC AVENUE
    SUITE 250
    POTOMAC,MD20854
    JUANITA ILLERAClick to see attachment SECRETARY
    1.00     		2,500 0 0
    12505 PARK POTOMAC AVENUE
    SUITE 250
    POTOMAC,MD20854
    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  
    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
    MENDELSON & MENDELSON CPA'S A PC ACCTG/INV MGMT 108,486
    12505 PARK POTOMAC AVENUE SUITE 250
    POTOMAC,MD20854
    JRE ADVISORY LLC INVESTMENT MGMT 69,328
    21 DUPONT CIRCLE NW SUITE 410
    WASHINGTON,DC20036
    USB FINANCIAL SERVICES INVESTMENT MGMT 67,720
    7700 WISCONSIN AVENUE SUITE 300
    BETHESDA,MD20814
    WELL ADVISED STRATEGIES CONSULTING 54,125
    317 N MAPLE AVE
    FALLS CHURCH,VA22046
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    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
    14,669,531
    b
    Average of monthly cash balances.......................
    1b
    572,981
    c
    Fair market value of all other assets (see instructions)................
    1c
    1,152,338
    d
    Total (add lines 1a, b, and c).........................
    1d
    16,394,850
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    16,394,850
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    245,923
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    16,148,927
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    807,446
    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
    807,446
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    14,121
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    14,121
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    793,325
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    793,325
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    793,325
    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 7 793,325
    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...... 11,032
    d From 2019......  
    e From 2020...... 5,068
    f Total of lines 3a through e ........ 16,100
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 850,028
    a Applied to 2020, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2021 distributable amount..... 793,325
    e Remaining amount distributed out of corpus 56,703
    5 Excess distributions carryover applied to 2021.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 72,803
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		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) .......     		 
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		72,803
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018.... 11,032
    c Excess from 2019....  
    d Excess from 2020.... 5,068
    e Excess from 2021.... 56,703
    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 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)
    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
    CAMPAGNA CENTER INC
    418 S WASHINGTON STREET
    ALEXANDRIA,VA22314     		N/A PC LITERACY TUTORING/MENTORING PROGRAM 349,735
    CAMPAGNA CENTER INC
    418 S WASHINGTON STREET
    ALEXANDRIA,VA22314     		N/A PC LIBRARY 50,000
    ACT FOR ALEXANDRIA
    201 N UNION ST STE 110
    ALEXANDRIA,VA22314     		N/A PC COORDINATOR SALARY 125,000
    ACT FOR ALEXANDRIA
    201 N UNION ST STE 110
    ALEXANDRIA,VA22314     		N/A PC ACT STAFF FEES AND OPERATING COSTS 30,000
    ACT FOR AXEXANDRIA
    201 N UNION ST STE 110
    ALEXANDRIA,VA22314     		N/A PC SEL INITIATIVE WORKING CAPITAL 13,000
    ACT FOR AXEXANDRIA
    201 N UNION ST STE 110
    ALEXANDRIA,VA22314     		N/A PC SMART BEG EARLY CHILDHOOD EDUCATION 35,000
    ACT FOR AXEXANDRIA
    201 N UNION ST STE 110
    ALEXANDRIA,VA22314     		N/A PC FUNDERS AFFINITY GROUP 65,000
    ACT FOR AXEXANDRIA
    201 N UNION ST STE 110
    ALEXANDRIA,VA22314     		N/A PC PARTNERSHIP FOR HEALTHIER ALEXANDRIA 20,000
    Total .................................bullet 3a 687,735
    bApproved for future payment
    Total .................................bullet 3b  
    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 ...........     		    14 60  
    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 ............     		    14 807,036  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) ..   1,222,614  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,222,614
    (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:
    FRANK & BETTY WRIGHT FOUNDATION
    EIN:
    52-1041780
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING & TAX SERVICES 39,158     39,158

    TY 2021 CompensationExplanation
    Name:
    FRANK & BETTY WRIGHT FOUNDATION
    EIN:
    52-1041780
    Person Name Explanation
    JAMES EPSTEIN JAMES EPSTEIN, PRESIDENT/DIRECTOR OF FRANK AND BETTY WRIGHT FOUNDATION INC. (THE "FOUNDATION"), IS AN OWNER AT THE ADVISORY FIRM JRE ADVISORY, LLC A DISQUALIFIED PERSON WHICH PROVIDES INVESTMENT ADVISORY SERVICES TO THE FOUNDATION. DURING THE TAXABLE YEAR ENDING AUGUST 31, THE FOUNDATION PAID 61,163 FOR INVESTMENT ADVISORY SERVICES RENDERED BY SUCH DISQUALIFIED PERSON AS REPORTED IN FORM 990-PF, PART I, LINE 16C. SUCH ADVISORY FIRM BILLED THE FOUNDATION AT THE SAME RATE OR BELOW THE RATE IT CHARGES OTHER CLIENTS.
    BRAD L MENDELSON BRAD L. MENDELSON, TREASUER/DIRECTOR OF FRANK AND BETTY WRIGHT FOUNDATION INC. (THE "FOUNDATION"), IS AN OWNER AT THE ACCOUNTING FIRM MENDELSON AND MENDELSON, CPA'S A P.C., A DISQUALIFIED PERSON WHICH PROVIDES ACCOUNTING AND INVESTMENT ADVISORY SERVICES TO THE FOUNDATION. DURING THE TAXABLE YEAR ENDING AUGUST 31, THE FOUNDATION PAID 44,458 FOR ACCOUNTING SERVICES AND 61,163 FOR INVESTMENT ADVISORY SERVICES RENDERED BY SUCH DISQUALIFIED PERSON AS REPORTED IN FORM 990-PF PART I, LINES 16B AND 16C. SUCH ACCOUNTING FIRM BILLED THE FOUNDATION AT THE SAME RATE OR BELOW THE RATE IT CHARGES OTHER CLIENTS.

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    FRANK & BETTY WRIGHT FOUNDATION
    EIN:
    52-1041780
    Name of Bond End of Year Book Value End of Year Fair Market Value
    UBS HY BOND 756,836 690,546
    UBS CORP 769,243 701,842
    UBS CORE 680,183 570,492

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    FRANK & BETTY WRIGHT FOUNDATION
    EIN:
    52-1041780
    Name of Stock End of Year Book Value End of Year Fair Market Value
    UBS CORE 867,884 1,095,388
    UBS LARGE CAP GROWTH 954,866 728,271
    UBS NON STRUCTURED 7,237,774 7,165,474
    UBS SMID CAP VALUE 1,320,892 1,298,636

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    FRANK & BETTY WRIGHT FOUNDATION
    EIN:
    52-1041780
    US Government Securities - End of Year Book Value:

    298,176
    US Government Securities - End of Year Fair Market Value:

    275,425
    State & Local Government Securities - End of Year Book Value:


     
    State & Local Government Securities - End of Year Fair Market Value:


     


    TY 2021 InvestmentsOtherSchedule2
    Name:
    FRANK & BETTY WRIGHT FOUNDATION
    EIN:
    52-1041780
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    UBS NON-STRUCTURED   1,259,352 1,395,984

    TY 2021 OtherExpensesSchedule
    Name:
    FRANK & BETTY WRIGHT FOUNDATION
    EIN:
    52-1041780
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    INDEMNIFICATION INSURANCE 9,315     9,315
    PAYROLL FEES 597     597
    MEMBERSHIP DUES 13,000     13,000


    TY 2021 OtherIncomeSchedule2
    Name:
    FRANK & BETTY WRIGHT FOUNDATION
    EIN:
    52-1041780
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INVESTMENT INCOME 79,945 79,945  


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    FRANK & BETTY WRIGHT FOUNDATION
    EIN:
    52-1041780
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT SERVICES 138,656 138,656    
    PHILANTHROPIC CONSULTING SERVICE 54,125     54,125
    UBS INVESTMENT FEES 67,720 67,720    


    TY 2021 TaxesSchedule
    Name:
    FRANK & BETTY WRIGHT FOUNDATION
    EIN:
    52-1041780
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 58226 341 341    
    DC BIANNUAL FEE 80     80