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    <ReturnTs>2022-06-23T13:04:06-07:00</ReturnTs>
    <TaxPeriodEndDt>2021-12-31</TaxPeriodEndDt>
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      <PreparerFirmEIN>371053332</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>Krehbiel &amp; Associates LLC</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>125 N 11th St PO Box 846</AddressLine1Txt>
        <CityNm>Mount Vernon</CityNm>
        <StateAbbreviationCd>IL</StateAbbreviationCd>
        <ZIPCd>62864</ZIPCd>
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    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2021-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>452646136</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>THE SARA ELIZABETH STUBBLEFIELD</BusinessNameLine1Txt>
        <BusinessNameLine2Txt>FOUNDATION</BusinessNameLine2Txt>
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      <PhoneNum>6182371954</PhoneNum>
      <USAddress>
        <AddressLine1Txt>25 WILDWOOD DRIVE</AddressLine1Txt>
        <CityNm>MOUNT VERNON</CityNm>
        <StateAbbreviationCd>IL</StateAbbreviationCd>
        <ZIPCd>62864</ZIPCd>
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    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>MATTHEW FLANIGAN</PersonNm>
      <PersonTitleTxt>Secretary</PersonTitleTxt>
      <SignatureDt>2022-06-23</SignatureDt>
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        <PersonLastNm>FLANIGAN</PersonLastNm>
      </PersonFullName>
      <SSN>999009999</SSN>
    </SigningOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>Wm Brent Palmer</PreparerPersonNm>
      <PTIN>P01258017</PTIN>
      <PhoneNum>6182442666</PhoneNum>
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    <AdditionalFilerInformation>
      <TrustedCustomerGrp>
        <TrustedCustomerCd>2</TrustedCustomerCd>
        <AuthenticationAssuranceLevelCd>AAL1</AuthenticationAssuranceLevelCd>
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    <TaxYr>2021</TaxYr>
    <BuildTS>2022-09-23 18:48:47Z</BuildTS>
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      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>52307</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ContriRcvdRevAndExpnssAmt>12213</ContriRcvdRevAndExpnssAmt>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
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        <DividendsAdjNetIncmAmt>1250</DividendsAdjNetIncmAmt>
        <TotalRevAndExpnssAmt>13463</TotalRevAndExpnssAmt>
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        <TotalAdjNetIncmAmt>1250</TotalAdjNetIncmAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="TaxesSchedule">13</TaxesRevAndExpnssAmt>
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        <TotOprExpensesDsbrsChrtblAmt>0</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>8000</ContriPaidRevAndExpnssAmt>
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        <TotalExpensesRevAndExpnssAmt>8133</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>0</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>8000</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>5330</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>1250</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>1250</AdjustedNetIncomeAmt>
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        <SavAndTempCashInvstBOYAmt>5440</SavAndTempCashInvstBOYAmt>
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        <SavAndTempCashInvstEOYFMVAmt>170</SavAndTempCashInvstEOYFMVAmt>
        <OtherInvestmentsBOYAmt>32065</OtherInvestmentsBOYAmt>
        <OtherInvestmentsEOYAmt>42665</OtherInvestmentsEOYAmt>
        <OtherInvestmentsEOYFMVAmt>52137</OtherInvestmentsEOYFMVAmt>
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        <TotalAssetsEOYAmt>42835</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>52307</TotalAssetsEOYFMVAmt>
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        <OrgDoesNotFollowFASB117Ind>X</OrgDoesNotFollowFASB117Ind>
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        <TotalLiabilitiesNetAstBOYAmt>37505</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>42835</TotalLiabilitiesNetAstEOYAmt>
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      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>37505</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>5330</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>42835</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>42835</TotNetAstOrFundBalancesEOYAmt>
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      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>17</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>17</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>17</TaxBasedOnInvestmentIncomeAmt>
        <TaxDueAmt>17</TaxDueAmt>
        <AppliedToESTaxAmt>0</AppliedToESTaxAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>false</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>IL</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <PersonsWithBooksName>
          <BusinessNameLine1Txt>RICHARD STUBBLEFIELD</BusinessNameLine1Txt>
        </PersonsWithBooksName>
        <PhoneNum>6182141954</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>25 WILDWOOD DRIVE</AddressLine1Txt>
          <CityNm>MOUNT VERNON</CityNm>
          <StateAbbreviationCd>IL</StateAbbreviationCd>
          <ZIPCd>62864</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>false</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>false</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>false</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>false</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>false</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
        <ActsFailToQlfyAsExceptionsInd>false</ActsFailToQlfyAsExceptionsInd>
        <UncorrectedPriorActsInd>false</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>false</UndistributedIncomePYInd>
        <BusinessHoldingsInd>false</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>false</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>false</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>false</InfluenceLegislationInd>
        <InfluenceElectionInd>false</InfluenceElectionInd>
        <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>false</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
        <SubjToTaxRmnrtnExPrchtPymtInd>false</SubjToTaxRmnrtnExPrchtPymtInd>
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      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>MATTHEW FLANIGAN</PersonNm>
          <USAddress>
            <AddressLine1Txt>PO BOX 4007</AddressLine1Txt>
            <CityNm>MTVERNON</CityNm>
            <StateAbbreviationCd>IL</StateAbbreviationCd>
            <ZIPCd>62864</ZIPCd>
          </USAddress>
          <TitleTxt>Secretary</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>JENNIFER LOBENHOFER</PersonNm>
          <USAddress>
            <AddressLine1Txt>2726 KNIGHTSBRIDGE AVE</AddressLine1Txt>
            <CityNm>THOUSAND OAKS</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>91362</ZIPCd>
          </USAddress>
          <TitleTxt>President</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>RICHARD STUBBLEFIELD</PersonNm>
          <USAddress>
            <AddressLine1Txt>25 WILDWOOD</AddressLine1Txt>
            <CityNm>MTVERNON</CityNm>
            <StateAbbreviationCd>IL</StateAbbreviationCd>
            <ZIPCd>62864</ZIPCd>
          </USAddress>
          <TitleTxt>Treasurer</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>0</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>0</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>0</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>0</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>0</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>0</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>0</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <TaxBasedOnInvestmentIncomeAmt>17</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>17</TotalTaxAmt>
        <DistributableBeforeAdjAmt>17</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>17</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>0</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>8000</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>8000</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>0</DistributableAsAdjustedAmt>
        <ExcessDistributionCyovYr5Amt>8000</ExcessDistributionCyovYr5Amt>
        <ExcessDistributionCyovYr4Amt>8000</ExcessDistributionCyovYr4Amt>
        <ExcessDistributionCyovYr3Amt>8000</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr2Amt>8000</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>8000</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>40000</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>8000</QualifyingDistributionsAmt>
        <TreatedAsDistriFromCorpusAmt>0</TreatedAsDistriFromCorpusAmt>
        <RemainingDistriFromCorpusAmt>8000</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>48000</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovFromYr5Amt>8000</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>40000</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>8000</ExcessFromYear4Amt>
        <ExcessFromYear3Amt>8000</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>8000</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>8000</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>8000</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ContributingManagerNm>RICHARD STUBBLEFIELD</ContributingManagerNm>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>THE SARA ELIZABETH STUBBLEFIELD FOU</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>108 S 9TH ST PO BOX 4007</AddressLine1Txt>
            <CityNm>MT VERNON</CityNm>
            <StateAbbreviationCd>IL</StateAbbreviationCd>
            <ZIPCd>62864</ZIPCd>
          </RecipientUSAddress>
          <RecipientPhoneNum>6182423310</RecipientPhoneNum>
          <FormAndInfoAndMaterialsTxt>SCHOLARSHIP APPLICATION PROVIDED BY FOUNDATION.</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>APRIL 30</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>APPLICANT MUST BE A COLLEGE-BOUND OR VOCATIONAL/TECHNICAL SCHOOL-BOUND SENIOR RESIDING IN THE STATE OF ILLINIOS. PREVIOUS RECIPIENTS CURRENTLY ENROLLED AND IN GOOD ACADEMIC STANDING IN AN INSTITUITON OF HIGHER EDUCATION MAY ALSO REAPPLY. ANY APPLICANT MUST HAVE EPILEPSY AND BE UNDER A PHYSICIAN'S CARE.</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Anu Patel</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>6453 N Washtenaw Ave FL 1</AddressLine1Txt>
            <CityNm>Chicago</CityNm>
            <StateAbbreviationCd>IL</StateAbbreviationCd>
            <ZIPCd>60645</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>Active</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>College Scholarship</GrantOrContributionPurposeTxt>
          <Amt>2000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Emma Newell</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>4292 East Davis Road</AddressLine1Txt>
            <CityNm>Waltonville</CityNm>
            <StateAbbreviationCd>IL</StateAbbreviationCd>
            <ZIPCd>62894</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>Active</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>College Scholarship</GrantOrContributionPurposeTxt>
          <Amt>2000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Lucus Sluder</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1601 North Prairie St</AddressLine1Txt>
            <CityNm>Tuscola</CityNm>
            <StateAbbreviationCd>IL</StateAbbreviationCd>
            <ZIPCd>61953</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>ACTIVE</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>College Scholarship</GrantOrContributionPurposeTxt>
          <Amt>2000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Nicholas Hemken</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>125 Meridian Oaks Drive</AddressLine1Txt>
            <CityNm>Glen Carbon</CityNm>
            <StateAbbreviationCd>IL</StateAbbreviationCd>
            <ZIPCd>62025</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>ACTIVE</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>College Scholarship</GrantOrContributionPurposeTxt>
          <Amt>2000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>8000</TotalGrantOrContriPdDurYrAmt>
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        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>1250</TotalIncomeProducingActyAmt>
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        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
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        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
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        <Desc>Advisory Fees</Desc>
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      <OtherExpensesScheduleGrp>
        <Desc>IL filing fee</Desc>
        <RevenueAndExpensesPerBooksAmt>115</RevenueAndExpensesPerBooksAmt>
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      <TaxesDetail>
        <CategoryTxt>FEDERAL INCOME TAX</CategoryTxt>
        <Amt>13</Amt>
      </TaxesDetail>
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</Return>
