Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
COMMANDER AND MRS ROBERT KRAUSE FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)132 STATE ST
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
HARBOR BEACH, MI48441
A Employer identification number

52-7317516
B Telephone number (see instructions)

(989) 479-6148
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$896,519J 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 right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 14,559 14,559 14,559
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 24,961
b Gross sales price for all assets on line 6a 286,917
7 Capital gain net income (from Part IV, line 2)... 24,961
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
List of Attached Documents:
// Content
350   350
12 Total. Add lines 1 through 11........ 39,870 39,520 14,909
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
19,953 19,953 19,953  
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
940 940 940  
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 20,893 20,893 20,893 0
25 Contributions, gifts, grants paid....... 59,200 59,200
26 Total expenses and disbursements. Add lines 24 and 25 80,093 20,893 20,893 59,200
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -40,223
b Net investment income (if negative, enter -0-) 18,627
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
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......... 8,633 17,396 17,396
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 132,956 Click to see attachment
List of Attached Documents:
// Content
157,629 		142,527
b Investments—corporate stock (attach schedule)....... 608,169 Click to see attachment
List of Attached Documents:
// Content
424,784 		658,658
c Investments—corporate bonds (attach schedule)....... 60,151 Click to see attachment
List of Attached Documents:
// Content
69,175 		64,198
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 11,923 Click to see attachment
List of Attached Documents:
// Content
14,645 		13,740
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 821,832 683,629 896,519
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 right arrow)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
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 right arrow
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 718,187 677,964
29 Total net assets or fund balances (see instructions)..... 718,187 677,964
30 Total liabilities and net assets/fund balances (see instructions). 718,187 677,964
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
718,187
2
Enter amount from Part I, line 27a .....................
2
-40,223
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
677,964
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
677,964
Form 990-PF (2023)
Form 990-PF (2023)
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 1000 SH MORGAN STANLEY P 2020-04-28 2023-01-01
b 1000 SH BB&T CORPORATION P 2017-10-25 2023-01-01
c 1000 SH FEDERAL NATL MTG ASSOC P 2017-06-13 2023-01-01
d 1000 SH US TSY 3.125% P 2012-02-24 2023-01-01
e 13 SH AXALTA COATING NSYSTEMS P 2020-06-10 2023-01-01
4 SH ALPHABET INC SHS CL C P 2012-08-28 2023-01-01
3 SH ANALOG DEVICES INC COM P 2021-07-09 2023-01-01
8 SH APPLE INC P 2012-06-28 2023-01-01
3 SH BERKSHIRE HATHAWAYINC P 2020-04-28 2023-01-01
8 SH CORTEVA INC REGNSHS P 2019-06-14 2023-01-01
3 SH CAPITAL ONE FINL P 2020-12-14 2023-01-01
5 SH CBRE GROUP INC P 2020-06-03 2023-01-01
2 SH DOLLAR GENERAL P 2021-03-26 2023-01-01
9 SH FOX CORP REG SHS CL A P 2019-11-12 2023-01-01
9 SH FIDELITY NATL INFO SVCS P 2021-03-22 2023-01-01
3 SH FLEETCOR TECHNOLOGIES INC P 2020-07-06 2023-01-01
3 SH META PLATFORMS INC P 2020-02-04 2023-01-01
27 SH GENERAL MOYPRS CO P 2020-01-16 2023-01-01
4 SH JPMORGAN CHASE & CO P 2012-06-14 2023-01-01
5 SH LAS EGAS SANDS CORP P 2021-02-19 2023-01-01
6 SH MONDELEZ INTERNATIONAL P 2021-12-17 2023-01-01
10 SH MICROSOFT CORP P 2015-06-15 2023-01-01
2 SH NORFOLK SOUTHERN CORP P 2017-01-09 2023-01-01
37 SH ROSS STORES INC COM P 2021-09-16 2023-01-01
18 SH SANOFI ADR P 2020-02-20 2023-01-01
6 SH UNILEVER PLC NEW ADR P 2019-08-21 2023-01-01
5 SH VISA INC CL A SHRS P 2020-02-13 2023-01-01
1 SH VEEVA SYS INC CL A P 2021-01-05 2023-01-01
2 SH WORLD WRESTLING P 2021-03-03 2023-01-01
1000 SH US TRY 1.75% P 2022-03-29 2023-01-01
SH APTIV PLC SHS P 2022-07-12 2023-01-01
1 SH 1ST CITIZENS BNCSHS INC A P 2022-01-07 2023-01-01
7 SH BATH & BODY WORKS INC P 2022-01-19 2023-01-01
SH VOYA FINL INC SHS P 2022-09-23 2023-01-01
8000 SH FEDERAL NATL MTG ASSOC P 2021-03-15 2023-01-30
6000 SH US TSY 1.500% P 2019-12-18 2023-01-30
46 SH CAPITAL ONE FINL P 2021-01-27 2023-01-31
10 SH CATERPILLAR INC DEL P 2022-01-05 2023-01-31
4 SH HUMANA INC P 2020-11-13 2023-01-31
15 SH ROSS STORES INC COM P 2021-11-22 2023-01-31
14 SH CAPITTAL ONE FINL P 2022-07-12 2023-02-06
4000 SH US TSY 1.5% P 2021-03-15 2023-03-09
13 SH AVANTOR INC P 2021-09-09 2023-03-09
9 SH AMAZON COM INC COM P 2020-02-20 2023-03-09
7 SH AXALTA COATING SYSTEMS P 2020-06-10 2023-03-09
9 SH ALPHABET INC SHS CL A P 2012-06-29 2023-03-09
2 SH ANALOG DEVICES INC COM P 2021-07-09 2023-03-09
5 SH APPLE INC P 2012-06-28 2023-03-09
4 SH APPLIED MATERIAL INC P 2020-07-28 2023-03-09
2 SH BERKSHIRE HATHAWAYINC P 2020-04-28 2023-03-09
30 SH COMCAST CORP NEW CL A P 2012-10-04 2023-03-09
8 SH CORTEVA INC REG SHS P 2019-06-14 2023-03-09
6 SH CONOCOPHILLIPS P 2019-07-04 2023-03-09
13 SH CIENA CORP P 2020-12-02 2023-03-09
3 SH CBRE GROUP INC P 2020-06-03 2023-03-09
3 SH DOLLAR TREE INC P 2019-03-06 2023-03-09
3 SH DOLLAR GENERAL CORP P 2021-03-26 2023-03-09
8 SH EQT CORP P 2021-04-15 2023-03-09
9 SH META PLATFORMS INC P 2020-02-07 2023-03-16
11 SH FORTIVE CORP P 2017-07-17 2023-03-09
4 SH INTERCONTINENTAL INC P 2020-12-01 2023-03-09
2 SH LABORATORY CP AMER HLDGS P 2014-12-26 2023-03-09
8 SH MONDELEZ INTERNATIONAL P 2021-12-17 2023-03-09
7 SH MICROSOFT CORP P 2015-06-15 2023-03-09
46 SH NORFOLK SOUTHERN CORP P 2021-12-06 2023-03-21
4 SH NOVO NORDISK A S ADR P 2017-09-28 2023-03-09
7 SH OTIS WORLDWIDE CORP REG P 2020-04-16 2023-03-09
5 SH PROGRESSIVE CRP OHIO P 2021-11-08 2023-03-09
6 SH SEALED AIR CORP (NEW) P 2021-06-18 2023-03-09
16 SH SANOFI ADR P 2020-02-25 2023-03-09
1 SH ELEVANCE HEALTH INC P 2020-01-09 2023-03-09
9 SH UNILEVER PLC NEW ADR P 2019-08-22 2023-03-09
2 SH UNITEDHEALTH GROUP INC P 2014-10-27 2023-03-09
34 SH VISA INC CL A SHRS P 2021-04-26 2023-03-16
1 SH VEEVA SYS INC CL A P 2021-01-05 2023-03-09
3 SH WORLD WRESTLING P 2021-03-03 2023-03-09
12 SH BP PLC SPON ADR P 2022-08-04 2023-03-09
4 SH COGNIZANT TECH SOLUTNS A P 2022-10-03 2023-03-09
10 SH DUN AND BRADSTREET HLDGS P 2022-12-05 2023-03-09
7 SH MONSTER BEVERAGE SHS P 2022-04-12 2023-03-09
3 SH REINSURRANCE GROUP AMERICA P 2022-04-12 2023-03-09
61 SH FIDELITY NATL INFO SVCS P 2021-07-23 2023-04-26
3 SH 1ST CTZNS BNCSHS INC A P 2022-01-10 2023-04-21
112 SH BATH & BODY WORKS INC P 2022-01-31 2023-04-14
51 SH BATH & BODY WORKS INC P 2022-06-30 2023-04-17
4000 SH US TSY 2.25% P 2019-09-25 2023-05-02
37 SH FIDELITY NATL INFO SVCS P 2021-08-03 2023-05-02
5 SH 1ST CTZNS BNCSHS INC A P 2022-03-16 2023-05-02
43 SH FIDELITY NATL INFO SVCS P 2022-12-16 2023-05-03
18 SH AMAZON COM INC COM P 2022-01-05 2023-06-02
19 SH ANALOG DEVICES INC COM P 2021-10-29 2023-06-09
91 SH CBRE GROUP INC P 2022-04-18 2023-06-05
9 SH META PLATFORMS INC P 2020-02-07 2023-06-02
29 SH MONSTER BEVERAGE SHS P 2022-05-03 2023-06-06
10 SH NOVO NORDISK A S ADR P 2020-04-08 2023-06-21
21 SH OTIS WORLDWIDE CORP REG P 2022-05-26 2023-06-06
13 SH REINSURRANCE GROUP AMERICA P 2022-05-11 2023-06-05
36 SH SANOFI ADR P 2022-05-26 2023-06-22
31 SH VISA INC CL A SHRS P 2020-04-16 2023-06-20
6000 SH US TSY 3.25% P 2022-07-21 2023-06-20
93 SH SCHWAB CHARLES CORP NEW P 2022-10-25 2023-06-22
249 SH EQT CORP P 2022-01-28 2023-07-12
9 SH META PLATFORMS INC P 2020-02-06 2023-07-11
8 SH MICROSOFT CORP P 2020-04-08 2023-07-11
14 SH PROGRESSIVE CRP OHIO P 2021-12-06 2023-07-11
4000 SH US TSY 2.25% P 2023-01-30 2023-07-26
8 SH BERKSHIRE HATHAWAYINC P 2020-06-05 2023-08-16
15 SH CATERPILLAR INC DEL P 2022-03-31 2023-08-16
50 SH MONSTER BEVERAGE SHS P 2022-06-21 2023-08-17
22 SH OTIS WORLDWIDE CORP REG P 2022-05-26 2023-08-16
89 SH SEALED AIR CORP (NEW) P 2021-07-14 2023-08-23
6000 SH US TSY 3.00% P 2022-07-21 2023-09-05
34 SH AVANTOR INC P 2021-09-17 2023-09-15
2 SH AMAZON COM INC COM P 2022-01-05 2023-09-15
4 SH APTIV PLC SHS P 2022-07-20 2023-09-15
20 SH ALPHABET INC SHS CL C P 2015-06-15 2023-09-15
2 SH ANALOG DEVICES INC COM P 2021-07-09 2023-09-15
8 SH APPLE INC P 2016-07-13 2023-09-15
2 SH APPLIED MATERIAL INC P 2020-08-18 2023-09-15
1 SH BERKSHIRE HATHAWAYINC P 2020-06-05 2023-09-15
27 SH COMCAST CORP NEW CL A P 2021-10-13 2023-09-15
20 SH CORTEVA INC REG SHS P 2019-12-19 2023-09-15
7 SH CONOCOPHILLIPS P 2021-09-15 2023-09-15
44 SH CIENA CORP P 8202-05-18 2023-09-27
4 SH DOLLAR TREE INC P 2022-08-25 2023-09-15
15 SH FOX CORP REG SHS CL A P 2019-11-12 2023-09-15
12 SH FLEETCOR TECHNOLOGIES INC P 2021-10-15 2023-09-15
1 SH META PLATFORMS INC P 2020-02-04 2023-09-15
11 SH FORTIVE CORP P 2021-11-03 2023-09-15
25 SH GENERAL MOTORS CO P 2020-01-22 2023-09-15
1 SH HUMANA INC P 2020-11-16 2023-09-15
8 SH INTERCONTINENTAL P 2021-08-16 2023-09-15
9 SH JPMORGAN CHASE & CO P 2012-12-17 2023-09-15
4 SH LABORATORY CP AMER HLDGS P 2019-01-17 2023-09-15
11 SH LAS VEGAS SANDS CORP P 2021-02-19 2023-09-15
9 SH MONDELEZ INTERNATIONAL P 2022-01-03 2023-09-15
4 SH MICROSOFT CORP P 2015-11-18 2023-09-15
4 SH NEW WHALE INC P 2021-11-02 2023-09-15
4 SH NOVO NORDISK A S ADR P 2020-04-08 2023-09-15
2 SH PROGRESSIVE CRP OHIO P 2021-11-08 2023-09-15
2 SH REINSURANCE GROUP AMERICA P 2022-07-15 2023-09-15
8 SH ROSS STORES INC COM P 2021-11-22 2023-09-15
34 SH SEALED AIR CORP (NEW) P 2021-08-04 2023-09-15
12 SH SANOFI ADR P 2022-04-07 2023-09-15
2 SH ELEVANCE HEALTH INC P 2020-01-10 2023-09-15
9 SH UNILEVER PLC NEW ADR P 2019-11-11 2023-09-15
2 SH UNITEDHEALTH GROUP INC P 2019-05-02 2023-09-15
3 SH VEEVA SYS INC CL A P 2021-10-29 2023-09-15
20 SH AXALTA COATING SYSTEMS P 2023-05-10 2023-09-15
19 SH BP PLC SPON ADR P 2023-04-21 2023-09-15
11 SH FID NATIONAL FINL INC P 2023-01-12 2023-09-15
2 SH LPL FINANCIAL HOLDINGS P 2023-07-11 2023-09-15
4 SH SHELL PLC P 2023-07-21 2023-09-15
47 SH SEALDED SIR CORP (NEW) P 2022-11-08 2023-09-05
3 SH SONY GROUP CORP P 2023-04-13 2023-09-15
4 SH TENET HEALTHCARE CORP P 2023-02-02 2023-09-15
9 SH VOYA FINL INC SHS P 2023-02-01 2023-09-15
5000 SH US TSY 1.75% P 2022-03-29 2023-10-12
72 SH COMCAST CORP NEW CL A P 2022-05-25 2023-10-19
6 SH FLEETCOR TECHNOLOGIES INC P 2021-08-12 2023-10-20
41 SH ANALOG DEVICES INC COM P 2021-10-13 2023-10-31
44 SH CIENA CORP P 2021-05-19 2023-11-27
7 SH FLEETCOR TECHNOLOGIES INC P 2020-07-27 2023-11-27
220 SH GENERAL MOTORS CO P 2020-08-11 2023-11-27
9 SH PROGRESSIVE CRP OHIO P 2021-11-08 2023-10-31
2000 SH US TSY 2.75% P 2022-10-03 2023-12-05
26 SH APPLIED MATERIAL INC P 2022-11-07 2023-12-12
131 SH FOX CORP REG SHS CL A P 2023-07-24 2023-12-20
18 SH FLEETCOR TECHNOLOGIES INC P 2021-10-13 2023-12-13
15 SH LABORATORY CP AMER HLDGS P 2022-12-06 2023-12-11
3000 SH US TSY 2.75% P 2022-12-06 2023-12-05
(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 930   1,004 -74
b 966   996 -30
c 938   978 -40
d 872   1,002 -130
e 335   306 29
355   67 288
493   498 -5
1,037   162 875
925   565 360
475   200 275
176   271 -95
387   248 139
498   403 95
276   314 -38
612   1,273 -661
556   770 -214
359   630 -271
569   603 -34
531   138 393
236   301 -65
402   391 11
2,404   436 1,968
497   219 278
4,367   3,961 406
873   913 -40
304   365 -61
1,040   1,039 1
164   276 -112
136   104 32
947   977 -30
280   270 10
756   896 -140
292   393 -101
123   121 2
7,566   8,014 -448
5,719   5,930 -211
5,442   4,462 980
2,409   2,206 203
2,043   1,733 310
1,771   1,682 89
1,647   1,515 132
3,781   4,008 -227
295   545 -250
854   962 -108
215   165 50
849   130 719
373   332 41
768   102 666
477   250 227
619   377 242
1,079   547 532
491   200 291
641   371 270
665   588 77
248   149 99
426   301 125
657   605 52
255   140 115
1,792   1,904 -112
739   605 134
407   428 -21
456   217 239
524   522 2
1,797   318 1,479
9,392   7,740 1,652
573   192 381
596   316 280
721   481 240
284   347 -63
763   810 -47
466   307 159
442   545 -103
940   184 756
7,253   6,794 459
174   276 -102
243   156 87
475   355 120
245   235 10
119   132 -13
727   578 149
419   332 87
3,344   9,039 -5,695
3,013   2,693 320
4,053   6,208 -2,155
1,834   1,372 462
3,853   4,022 -169
1,972   5,114 -3,142
5,498   3,673 1,825
2,293   2,789 -496
2,246   2,994 -748
3,466   3,223 243
7,053   5,001 2,052
2,468   1,900 568
1,692   1,216 476
1,617   600 1,017
1,794   1,691 103
1,880   1,519 361
1,926   2,008 -82
6,958   5,544 1,414
5,787   6,062 -275
5,056   6,648 -1,592
10,089   4,932 5,157
2,670   1,897 773
2,649   762 1,887
1,853   1,353 500
3,721   3,772 -51
2,844   1,605 1,239
4,138   3,327 811
2,920   2,258 662
1,876   1,575 301
3,046   5,169 -2,123
5,790   5,975 -185
757   1,461 -704
282   333 -51
411   390 21
2,759   536 2,223
357   332 25
1,399   194 1,205
277   133 144
370   201 169
1,229   1,459 -230
1,056   558 498
871   414 457
2,054   2,334 -280
448   593 -145
482   524 -42
3,191   3,136 55
304   210 94
835   833 2
851   877 -26
472   428 44
929   943 -14
1,339   376 963
812   449 363
541   662 -121
648   592 56
1,332   214 1,118
399   246 153
768   217 551
278   192 86
286   236 50
943   880 63
1,263   1,972 -709
658   667 -9
887   615 272
457   542 -85
974   462 512
628   953 -325
546   609 -63
739   752 -13
470   451 19
493   449 44
259   251 8
1,746   2,128 -382
261   272 -11
278   230 48
625   629 -4
4,761   4,887 -126
3,128   3,463 -335
1,455   1,554 -99
6,640   6,734 -94
2,002   2,128 -126
1,629   1,811 -182
6,224   6,638 -414
1,421   866 555
1,791   1,858 -67
4,088   2,099 1,989
3,906   3,525 381
4,622   4,530 92
3,252   2,008 1,244
2,687   2,801 -114
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       -74
b       -30
c       -40
d       -130
e       29
      288
      -5
      875
      360
      275
      -95
      139
      95
      -38
      -661
      -214
      -271
      -34
      393
      -65
      11
      1,968
      278
      406
      -40
      -61
      1
      -112
      32
      -30
      10
      -140
      -101
      2
      -448
      -211
      980
      203
      310
      89
      132
      -227
      -250
      -108
      50
      719
      41
      666
      227
      242
      532
      291
      270
      77
      99
      125
      52
      115
      -112
      134
      -21
      239
      2
      1,479
      1,652
      381
      280
      240
      -63
      -47
      159
      -103
      756
      459
      -102
      87
      120
      10
      -13
      149
      87
      -5,695
      320
      -2,155
      462
      -169
      -3,142
      1,825
      -496
      -748
      243
      2,052
      568
      476
      1,017
      103
      361
      -82
      1,414
      -275
      -1,592
      5,157
      773
      1,887
      500
      -51
      1,239
      811
      662
      301
      -2,123
      -185
      -704
      -51
      21
      2,223
      25
      1,205
      144
      169
      -230
      498
      457
      -280
      -145
      -42
      55
      94
      2
      -26
      44
      -14
      963
      363
      -121
      56
      1,118
      153
      551
      86
      50
      63
      -709
      -9
      272
      -85
      512
      -325
      -63
      -13
      19
      44
      8
      -382
      -11
      48
      -4
      -126
      -335
      -99
      -94
      -126
      -182
      -414
      555
      -67
      1,989
      381
      92
      1,244
      -114
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 24,961
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 -2,093
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 right arrow 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) 1 259
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........................... 3 259
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- ..... 5 259
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a  
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 800
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 800
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 541
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow541 Refundedright arrow 11  
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
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. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
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:
round bullet By language in the governing instrument, or
round bullet 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
 
No
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)
right arrowGA
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 2023 or the taxable year beginning in 2023? 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
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 addressright arrowN/A
14
The books are in care ofright arrowMARILYN TOWNLEY Telephone no.right arrow (989) 479-6148

Located atright arrow132 STATE STHarbor BeachMI ZIP+4right arrow48441
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, 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 right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
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 2023? .............
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 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 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.
right arrow20, 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 2023 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 2023.) .....................
3b
 
No
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 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
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
 
No
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
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
MARILYN S TOWNLEY TRUSTEE
0.05 		0    
132 STATE ST
Harbor Beach,MI48441
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
 
Total number of other employees paid over $50,000...................right arrow  
Form 990-PF (2023)
Form 990-PF (2023)
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
 
Total number of others receiving over $50,000 for professional services.............right arrow  
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.........................right arrow  
Form 990-PF (2023)
Form 990-PF (2023)
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
854,884
b
Average of monthly cash balances.......................
1b
18,295
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
873,179
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
873,179
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
13,098
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
860,081
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
43,004
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
43,004
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
259
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
259
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
42,745
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
42,745
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
42,745
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
59,200
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
59,200
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 42,745
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 14,540
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 59,200
a Applied to 2022, but not more than line 2a 14,540
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 2023 distributable amount..... 29,099
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2023.    
(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  
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 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		13,646
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 2018 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		 
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
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 2023, enter the date of the ruling ...... right arrow
 
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 IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
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 right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
HARBOR BEACH COMMUNITY SCHOOL
402 S FIFTH ST
HARBOR BEACH,MI48441
(989) 479-3261
bThe form in which applications should be submitted and information and materials they should include:
QUESTIONAIRE ON SCHOOL ACCEPTED FOR FURTHER EDUCATION
cAny submission deadlines:
APRIL 1ST
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
GRADUATE OF HARBOR BEACH COMMUNITY SCHOOL
Form 990-PF (2023)
Form 990-PF (2023)
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
PAIGE ANDERSON


6752 LAKESHORE RD
PALMS,MI48465 		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 2,100
TARYN ARNTZ


307 FERRIS ST
HARBOR BEACH,MI48441 		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,550
ALICIA BOOMS


7571 SECTION LINE RD
HARBOR BEACH,MI48441 		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 800
BRIANNA BOOMS


3310 PARISVILLE RD
PORT HOPE,MI48468 		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,750
CADEN BOYNTON


8650 RPSON RD
HARBOR BEACH,MI48441 		NONE NC SCHOLARSHIP FR CONTINUING EDUCATION 1,700
FAITH BOYNTON


8650 RAPSON RD
HARBOR BEACH,MI48441 		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,700
GRACE BOYNTON


8650 RAPSON RD
HARBOR BEACH,MI48441 		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 2,500
EMILY BUCHOLTZ


9127 LINCOLN RD
HARBOR BEACH,MI48441 		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 850
ELIJAH CEPLECHIA


9677 EASTVIEW DR
HARBOR BEACH,MI48441 		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 3,400
JACOB DEER


2695 N LAKESHORE RD
HARBOR BEACH,MI48441 		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 900
GARRETT EMERICK


170 FERRIS ST
HARBOR BEACH,MI48441 		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,000
GRIFFIN EMERICK


170 FERRIS ST
HARBOR BEAH,MI48441 		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 800
HANNAH EMERICK


170 FERRIS ST
HARBOR BECH,MI48441 		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 700
HAYLIE ESSENMACHER


390 N KLUG RD
HARBOR BEACH,MI48441 		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,950
NICHOLE GORNOWICH


3392 S LAKESHORE RD
HARBOR BEACH,MI48441 		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,250
ALYSSA GUZA


1001 S MCDONALD RD
HARBOR BEACH,MI48441 		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,150
JENNA GUZA


1651 PORT HOPE RD
HARBOR BEACH,MI48441 		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,750
KARLEE GUZA


1650 PORT HOPE RD
HARBOR BEACH,MI48441 		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,250
MADISON HIRN


475 N SCOTT RD
BAD AXE,MI48413 		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 2,000
ALLISON HOLDWICK


1283 SCHOCK RD
HARBOR BEACH,MI48441 		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 800
CHRIS KEYES


158 N SECOND ST
HARBOR BEACH,MI48441 		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,000
JOSHUA KEYES


301 BLANCHE
APT 8
PLYMOUTH,MI48170 		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,000
ANNIKA KIRSCH


9672 CHERRY DR
HARBOR BEACH,MI48441 		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,750
BRADY KIRSCH


9672 CHERRY DR
HARBOR BEACH,MI48441 		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 2,250
MADISON KOWALSKI


1700 PORT HOPE RD
HARBOR BEACH,MI48441 		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,000
ISABEL LEARMAN


1474 BUHL RD
HARBOR BEACH,MI48441 		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 2,500
ABBY PAWLOWSKI


102 S KLUG RD
HARBOR BEACH,MI48441 		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,000
MEGAN PAWLOWSKI


1002 S KLUG RD
HARBOR BEACH,MI48441 		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 750
MAYA PFAFF


201 S THIRD ST
HARBOR BEACH,MI48441 		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,550
NOLAN RICK


720 GARDEN ST
HABOR BEACH,MI48441 		NON NC SCHOLARSHIP FOR CONTINUING EDUCATION 2,100
BRENDAN ROBERTS


8462 SECTION LINE RD
HARBOR BEACH,MI48441 		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 850
MYKALA ROBERTS


8462 SECTION LINE RD
HARBOR BEACH,MI48441 		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,750
RACHAEL SCHELKE


222 NORTHWOOD DR
HARBOR BEACH,MI48441 		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 700
LUKE SIEMEN


8741 JENKS RD
HARBOR BEACH,MI48441 		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 800
NATHAN SIEMEN


8572 JENKS RD
HARBOR BEACH,MI48441 		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,750
OLIVIA VOLMERING


1977 S KLUG RD
HARBOR BEACH,MI48441 		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,250
JESSICA WEBER


8812 SCHOCK RD
MINDEN CITY,MI48456 		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 800
LEANDRA WOLSCHLAGER


2050 SCHOCK RD
HARBOR BEACH,MI48441 		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,550
CLAIRE WOODKE


701 LYTLE AVE
HARBOR BEACH,MI48441 		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 700
LUKE WOODKE


PO BOX 34
HARBOR BEACH,MI48441 		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 2,100
MAE WOODKE


701 LYTLE AVE
HARBOR BEACH,MI48441 		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 2,150
Total .................................right arrow 3a 59,200
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2023)
Form 990-PF (2023)
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 ....         14,559
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 ............ 		        24,961
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) ..     39,520
13Total. Add line 12, columns (b), (d), and (e)..................
13
39,520
(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 (2023)
Form 990-PF (2023)
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.
right arrow right arrow
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 Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 InvestmentsCorpBondsSchedule
Name:
COMMANDER AND MRS ROBERT KRAUSE FOUNDATION
EIN:
52-7317516
Name of Bond End of Year Book Value End of Year Fair Market Value
5000 BB&T CORPORATION 4,978 4,891
3000 BB&T CORPORATION 3,047 2,935
3000 MORGAN STANLEY 3,009 2,882
2000 MORGAN STANLEY 2,033 1,922
1000 MORGAN STANLEY 941 961
5000 ORACLE CORP 4,950 4,743
1000 ORACLE CORP 981 949
2000 ORACLE CORP 2,062 1,897
1000 ORACLE CORP 925 949
9000 JPMORGAN CHASE & CO 9,045 9,009
6000 HOME DEPOT INC 6,100 5,908
2000 HOME DEPOT INC 2,192 1,969
1000 HOME DEPOT INC 952 985
4000 ANHEUSER-BUSCH INBEV WOR 4,192 3,814
1000 ANHEUSER-BUSCH INBEV WOR 907 954
6000 COMCAST CORP 5,992 5,069
2000 COMCAST CORP 1,947 1,690
7000 BAT CAPITAL CORP 6,968 5,879
3000 BAT CAPITAL CORP 2,900 2,519
5000 CITIGROUP INC 5,054 4,273

TY 2023 InvestmentsCorpStockSchedule
Name:
COMMANDER AND MRS ROBERT KRAUSE FOUNDATION
EIN:
52-7317516
Name of Stock End of Year Book Value End of Year Fair Market Value
98 SH ADVNCD MICRO D INC 12,050 14,446
62 SH ALLEGION PLC SHS 6,985 7,855
102 SH ALPHABET INC SHS CL C 2,733 14,375
137 SH ALPHABET INC SHS CL A 3,866 19,138
247 SH AMAZON COM INC COM 26,578 37,529
21 SH AMER EXPRESS COMPANY 3,887 3,934
143 SH APPLE INC 3,101 27,532
80 SH APPLIED MATERIALS INC 4,667 12,966
99 SH APTIV PLC SHS 9,057 8,882
341 SH AVANTOR INC 12,018 7,785
259 SH AXALTA COATING SYSTEMS 6,303 8,798
49 SH BERKSHIRE HATHAWAYINC 8,786 17,476
263 SH BP PLC SPON ADR 8,473 9,310
34 SH CATERPILLAR INC DEL 6,978 10,053
131 SH CIENA CORP 5,494 5,896
172 SH COGNIZANT TECH SOLUTNS A 10,139 12,991
362 SH COMCAST CORP NEW CL A 9,233 15,874
94 SH CONOCOPHILLIPS 4,711 10,911
225 SH CORTEVA INC REG SHS 5,960 10,782
64 SH DOLLAR GENERAL CORP 12,464 8,701
60 SH DOLLAR TREE INC 5,651 8,523
352 SH DUN AND BRADSTREET HLDGS 4,380 4,118
17 SH ELEVANCE HEALTH INC 4,687 8,017
151 SH FID NATIONAL FINL INC 5,545 7,704
172 SH FORTIVE CORP 10,897 12,664
101 SH FORTREA HOLDINGS INC REG 2,487 3,525
17 SH HUMANA INC 7,029 7,783
113 SH INTERCONTINENTAL 12,328 14,513
72 SH JPMORGAN CHASE & CO 2,530 12,247
32 SH LABORATORY CP AMER HLDGS 3,055 7,273
129 SH LAS VEGAS SANDS CORP 7,173 6,348
34 SH LPL FINANCIAL HOLDINGS 7,245 7,739
168 SH MARVELL TECH INC 7,580 10,132
130 SH MEDTRONIC PLC SHS 11,385 10,709
57 SH META PLATFORMS INC 9,306 20,176
151 SH MICRON TECHNOLOGY INC 10,956 12,886
147 SH MICROSOFT CORP 11,978 55,278
137 SH MONDELEZ INTERNATIONAL 8,841 9,923
133 MONSTER BEVERAGE 5,681 7,662
134 SH NOVO NORDISK A S ADR 3,823 13,862
81 SH OTIS WORLDWIDE CORP REG 4,208 7,247
49 SH PROGRESSIVE CRP OHIO 4,641 7,805
48 SH REINSURRANCE GROUP AMERICA 5,504 7,765
89 SH ROSS STORES INC COM 7,800 12,317
273 SH SANOFI ADR 13,035 13,576
131 SH SHELL PLC 8,091 8,620
110 SH SKETHCHERS U S A INC CL A 5,347 6,857
152 SH SONY GROUP CORP 13,385 14,393
108 SH TENET HEALTHCARE CORP 6,031 8,162
6 SH THERMO FISHER SCIENTIFIC 2,957 3,185
78 SH TKO GROUP HOLDINGS 4,606 6,363
137 SH UNILEVER PLC NEW ADR 7,625 6,642
25 SH UNITEDHEALTH GROUP INC 2,439 13,162
35 SH VEEVA SYS INC CL A 8,015 6,738
192 SH VERIZON COMMUNICATIONS COM 6,233 7,238
17 SH VISA INC CL A SHRS 2,708 4,426
91 SH VOYA FINL INC SHS 5,870 6,639
41 SH ZEBRA TECHNOLOGIES CRP A 10,249 11,207

TY 2023 InvestmentsGovtObligationsSch
Name:
COMMANDER AND MRS ROBERT KRAUSE FOUNDATION
EIN:
52-7317516
US Government Securities - End of Year Book Value:

157,629
US Government Securities - End of Year Fair Market Value:

142,527
State & Local Government Securities - End of Year Book Value:


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


 


TY 2023 InvestmentsOtherSchedule2
Name:
COMMANDER AND MRS ROBERT KRAUSE FOUNDATION
EIN:
52-7317516
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
1457 SH BLACKROCK STRATEGIC   14,645 13,740

TY 2023 LegalFeesSchedule
Name:
COMMANDER AND MRS ROBERT KRAUSE FOUNDATION
EIN:
52-7317516
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TRUST FEES 14,056 14,056 14,056  
TRUSTEE FEES 5,897 5,897 5,897  


TY 2023 OtherIncomeSchedule2
Name:
COMMANDER AND MRS ROBERT KRAUSE FOUNDATION
EIN:
52-7317516
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
SCHOLARSHIP FUNDS RETURNED 350   350


TY 2023 TaxesSchedule
Name:
COMMANDER AND MRS ROBERT KRAUSE FOUNDATION
EIN:
52-7317516
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
2022 TAX 940 940 940