2022-11-09T11:00:24-06:00 2022-06-30 135565207 KPMG LLP ONE FINANCIAL PLZ STE 2300 PROVIDENCE RI 02903 990PF 2021-07-01 956685749 FRANCES SCHERMER CHARITABLE TRUST 41-46496008 SCHE 3108886247 400 N ROXBURY DRIVE SUITE 600 BEVERLY HILLS CA 902105021 CITY NATIONAL BANK TRUSTEE 3108886247 2022-11-01 true BRADLEY N SPRONG P00642561 4014216600 2022-11-01 2021 2022-09-23 18:48:47Z X 2521240 X 61296 61364 88684 1339758 89585 0 15 149980 150964 27959 7279 20680 0 0 0 0 0 0 14559 14559 0 0 10207 448 0 0 0 0 0 0 0 52725 22286 0 20680 128457 128457 181182 22286 0 149137 -31202 128678 0 27525 28183 28183 0 0 0 2102097 1993510 2493057 2129622 2021693 2521240 0 X 2129622 2021693 2129622 2021693 2129622 2021693 2129622 -31202 286 2098706 77013 2021693 25.43 GNMA PL #327247 7.500% 8/15/22 1993-05-04 2021-07-15 25 26 -1 -1 5. ALPHABET INC CL A 2014-03-06 2021-07-21 12688 3066 9622 9622 35. ALIBABA GROUP HOLDING LTD SPONS ADR 2020-11-19 2021-07-28 6852 9107 -2255 -2255 80. ALIBABA GROUP HOLDING LTD SPONS ADR 2018-10-16 2021-07-28 15662 11968 3694 3694 125000. STATE OF ISRAEL 2.350% 8/01/21 2016-08-15 2021-08-01 125000 125000 5. ALPHABET INC CL A 2014-03-06 2021-08-11 13654 3066 10588 10588 35. APPLE COMPUTER INC 2011-01-21 2021-08-11 5109 410 4699 4699 25.6 GNMA PL #327247 7.500% 8/15/22 1993-05-04 2021-08-15 26 26 9000. CVS HEALTH CORP 4.300% 3/25/28 2020-10-21 2021-08-24 10459 10344 115 115 3. ALPHABET INC CL A 2012-05-17 2021-09-10 8467 954 7513 7513 55. APPLE COMPUTER INC 2011-01-21 2021-09-10 8220 645 7575 7575 57.96 GNMA PL #327247 7.500% 8/15/22 1993-05-04 2021-09-15 58 59 -1 -1 85. BRISTOL-MYERS SQUIBB CO 2020-06-15 2021-09-21 5154 4645 509 509 90. INTEL CORP 2017-09-06 2021-09-21 4793 3225 1568 1568 25. MID-AMER APARTMENT COMM REIT 2017-09-06 2021-09-21 4745 2657 2088 2088 65. PINNACLE WEST CAP CORP COM 2020-06-17 2021-09-21 4805 4972 -167 -167 80. META PLATFORMS INC CL A 2013-11-26 2021-09-28 27177 3507 23670 23670 1. ALPHABET INC CL A 2014-03-06 2021-09-30 2700 613 2087 2087 26.16 GNMA PL #327247 7.500% 8/15/22 1993-05-04 2021-10-15 26 27 -1 -1 .9091 SYLVAMO CORP 2020-11-10 2021-10-15 25 27 -2 -2 100. APPLE COMPUTER INC 2011-01-21 2021-10-20 14916 1173 13743 13743 10. SYLVAMO CORP 2020-11-10 2021-10-20 279 293 -14 -14 85.948 CNR FIXED INCOME OPPORT CL N 1236 2014-08-01 2021-10-28 2000 2364 -364 -364 474.342 CNR FIXED INCOME OPPORT CL N 1236 2014-10-01 2021-11-02 11000 12944 -1944 -1944 94.70286 BARON EMERGING MARKETS-INS 2021-02-04 2021-11-04 1776 1941 -165 -165 161.29714 BARON EMERGING MARKETS-INS 2021-02-04 2021-11-04 3024 3307 -283 -283 50. L3 HARRIS TECHNOLOGIES INC 2020-06-15 2021-11-04 11060 9466 1594 1594 82.645 MIRAE ASST EM MKT GR CONS-I 2021-02-04 2021-11-04 1600 1783 -183 -183 72.17 TOUCHSTONE SANDS EM GR-Y 2021-02-04 2021-11-04 1600 1714 -114 -114 2. ALPHABET INC CL A 2014-03-06 2021-11-09 5925 1227 4698 4698 26.33 GNMA PL #327247 7.500% 8/15/22 1993-05-04 2021-11-15 26 27 -1 -1 60000. U.S. TREASURY NOTES 2.000% 11/15/21 2011-11-30 2021-11-15 60000 59735 265 265 26.51 GNMA PL #327247 7.500% 8/15/22 1993-05-04 2021-12-15 27 27 2760.626 MIRAE ASST EM MKT GR CONS-I 2021-03-30 2021-12-15 49388 58665 -9277 -9277 370. SYNCHRONY FINANCIAL 2021-03-22 2022-01-11 17967 15072 2895 2895 125. ZOETIS INC 2018-05-16 2022-01-11 26405 10339 16066 16066 70. AON PLC 2021-01-07 2022-01-11 20138 14485 5653 5653 26.69 GNMA PL #327247 7.500% 8/15/22 1993-05-04 2022-01-15 27 27 45. COCA COLA CO 2017-09-06 2022-01-21 2735 2069 666 666 15. MID-AMER APARTMENT COMM REIT 2017-09-06 2022-01-21 3071 1594 1477 1477 35. PAYCHEX INC 2017-09-06 2022-01-21 4197 2002 2195 2195 10. PROCTER & GAMBLE CO 2017-09-06 2022-01-21 1632 929 703 703 75. PROLOGIS INC REIT 2017-09-06 2022-01-21 11769 4765 7004 7004 840. ISHARES CORE MSCI EMERGING 2021-12-15 2022-02-02 50234 49109 1125 1125 58.97 GNMA PL #327247 7.500% 8/15/22 1993-05-04 2022-02-15 59 60 -1 -1 95. VANGUARD SMALL-CAP ETF 2021-05-27 2022-02-23 19205 21178 -1973 -1973 220. VANGUARD SMALL-CAP ETF 2021-05-27 2022-03-10 44919 49044 -4125 -4125 27.26 GNMA PL #327247 7.500% 8/15/22 1993-05-04 2022-03-15 27 28 -1 -1 35. AON PLC 2020-02-28 2022-03-29 11472 7105 4367 4367 50. ACCENTURE PLC CL A 2018-12-19 2022-03-29 16906 7755 9151 9151 70. NXP SEMICONDUCTORS NV 2020-12-07 2022-03-29 13511 11592 1919 1919 8947.869 BARON EMERGING MARKETS-INS 2021-03-30 2022-04-01 137171 179273 -42102 -42102 3187.919 MIRAE ASST EM MKT GR CONS-I 2022-02-02 2022-04-01 44599 48552 -3953 -3953 50.26 TOUCHSTONE SANDS EM GR-Y 2021-12-29 2022-04-01 804 949 -145 -145 2575.691 TOUCHSTONE SANDS EM GR-Y 2021-03-30 2022-04-01 41211 58735 -17524 -17524 105. CONOCOPHILLIPS 2021-03-10 2022-04-14 10642 6254 4388 4388 50. ARTHUR J GALLAGHER & CO 2018-11-05 2022-04-14 9050 3758 5292 5292 360. INVESCO PREFERRED ETF 2017-09-06 2022-04-14 4637 5445 -808 -808 60. PAYCHEX INC 2017-09-06 2022-04-14 8245 3432 4813 4813 60. QUALCOMM COMMON 2020-10-02 2022-04-14 8272 6988 1284 1284 27.44 GNMA PL #327247 7.500% 8/15/22 1993-05-04 2022-04-15 27 28 -1 -1 14. EMBECTA CORP 2022-01-11 2022-04-21 426 407 19 19 .9273 WARNER BROS DISCOVERY INC CL A 2016-02-01 2022-04-21 22 30 -8 -8 225. ISHARES RUSSELL 2000 ETF 2022-03-10 2022-04-26 42528 44833 -2305 -2305 106. WARNER BROS DISCOVERY INC CL A 2017-09-06 2022-04-28 1948 3615 -1667 -1667 27.62 GNMA PL #327247 7.500% 8/15/22 1993-05-04 2022-05-15 28 28 235. ALLY FINANCIAL INC 2021-01-07 2022-05-18 9250 8694 556 556 10. COSTCO WHOLESALE CORP 2013-02-21 2022-05-18 4390 1004 3386 3386 240. KKR & CO INC CL A 2022-01-11 2022-05-18 12452 17158 -4706 -4706 1150. ISHARES MSCI ALL COUNTRY ASIA 2022-04-04 2022-05-23 80154 89729 -9575 -9575 50000. STATE OF ISRAEL 3.050% 6/01/22 2017-06-01 2022-06-01 50000 50000 150. APPLE COMPUTER INC 2011-01-21 2022-06-02 22568 1759 20809 20809 1793. ISHARES MSCI ALL COUNTRY ASIA 2022-04-04 2022-06-02 129606 139244 -9638 -9638 35. MICROSOFT CORPORATION 2012-06-22 2022-06-02 9571 1067 8504 8504 95. VISA INC CL A 2013-12-30 2022-06-02 20345 5226 15119 15119 7.05 GNMA PL #327247 7.500% 8/15/22 1993-05-04 2022-06-15 7 7 235. ALLY FINANCIAL INC 2021-01-07 2022-06-28 8132 8694 -562 -562 135. APPLIED MATERIALS INC 2021-03-04 2022-06-28 12871 15063 -2192 -2192 45. UNITED RENTALS INC 2021-11-04 2022-06-28 11229 17345 -6116 -6116 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 CAPITAL GAIN DIVIDENDS P 57 89585 1789 0 1789 0 1789 5256 0 0 5256 0 3467 1792 1675 false false false false false false false true true CA true false false false false true City National Bank NA 3108886247 400 NORTH ROXBURY DRIVE SUITE 600 BEVERLY HILLS CA 90210 false false false false true false false false false false false false false false false false false false false false false false City National Bank 400 NORTH ROXBURY DRIVE SUITE 600 BEVERLY HILLS CA 90210 Co-Trustee 10 14559 Bruce Sherman 5325 GUADELOUPE WAY NAPLES FL 34119 Co-Trustee 10 5200 JAMES L PAZOL 21 N WICKLIFFE CIRCLE YOUNGSTOWN OH 44515 Consultant 10 3000 RICHARD MARLIN 1302 WILL-O-WOOD HUBBARD OH 44425 Co-Trustee 10 5200 NONE 0 NONE 0 2986600 43545 0 3030145 0 0 3030145 45452 2984693 149235 149235 1789 1789 147446 0 147446 0 147446 149137 0 0 0 0 149137 147446 0 0 13022 2081 10847 18140 4641 48731 149137 0 0 0 147446 1691 0 0 50422 0 0 0 0 0 0 13022 37400 2081 10847 18140 4641 1691 NONE NONE City National Bank N A 400 NORTH ROXBURY DRIVE SUITE 600 BEVERLY HILLS CA 90210 3108886247 Written request delivered to the co-trustees City National Bank. None No recipient is to receive greater than 10% of the income in one year. Youngstown State University ATTN University Development ONE UNIVERSITY PLAZA Youngstown OH 445553119 NONE PC SCHERMER SCHOLAR IN 1000 Zionist Organization of America C/O ARTHUR FRIEDMAN TREASURER PO BOX 306 Hubbard OH 44425 NONE PC ONGOING GRANT FOR CURRENT 8000 UNITED WAY OF TRUMBALL COUNTY 3601 YOUNGSTOWN RD S E WARREN OH 44484 NONE PC UNRESTRICTED GIFT 1500 FRIENDS OF ISRAEL DENFENSE FORCES ATTN LANE A SCHLESSEL MSW 5495 MAYFIELD ROAD LYNDHURST OH 44124 NONE PC UNRESTRICTED GIFT 7000 MAHONING LODGE #339 C/O HAROLD DAVIS 125 CHURCHILL HUBBARD ROAD YOUNGSTOWN OH 44505 NONE PC SERVING THE JEWISH 8000 KENT STATE UNIVERSITY JEWISH STUDIES ATTN CHAYA KESSLER DIR 124 BOWMAN HALL KENT OH 442420001 NONE PC GRANT FOR THE JEWISH 2000 PLANNED PARENTHOOD OF GREATER OHIO ATTN FOUNDATION RELATIONS 206 E STATE STREET COLUMBUS OH 43215 NONE PC UNRESTRICTED GIFT 4000 THE MAHONING VALLEY SOJOURN TO THE PAST ATTN PENNY WELLS 4117 OAK KNOLL DRIVE YOUNGSTOWN OH 445121014 NONE PC CONTRIBUTION 2000 OH WOW ROGER & GLORIA JONES CHDRNS CTR ATTN SUZANNE BARBATIDIRECTOR 11 W FEDERAL STREET YOUNGSTOWN OH 44503 NONE PC GRANT FOR OPERATING 5000 JR ACHIEVEMENT OF MAHONING VALLEY INC ATTN MICHELE MERKEL PRESIDENT 1601 MOTOR INN DRIVE 305 GIRARD OH 44420 NONE PC UNRESTRICTED GIFT 2000 UNITED WAY OF YOUNGSTOWN 255 WATT STREET YOUNGSTOWN OH 44505 NONE PC UNRESTRICTED GIFT 4000 UNIVERSITY OF CINCINNATI HILLEL 2615 CLIFTON AVENUE CINCINNATI OH 45220 NONE PC FUND INITIATIVE FOR 2500 YOUNGSTOWN AREA JEWISH CEMETERIES ASSOC ATTN LISA YOUNG 505 GYPSY LANE YOUNGSTOWN OH 44504 NONE PC UNRESTRICTED GIFT 10000 ACLU IMPACT SOCIETY 125 BROAD STREET 18TH FLOOR NEW YORK NY 10004 NONE PC UNRESTRICTED GIFT 1000 UKRAINIAN YIDDISH PRESERVATION ATTN AARON LANSKY 1021 WEST STREET AMHERST MA 01002 NONE PC UNRESTRICTED GIFT 1000 POTENTIAL DEVELOPMENT 2405 MARKET STREET YOUNGSTOWN OH 44507 NONE PC UNRESTRICTED GIFT 2000 HELMS FOUNDATION 7620 MARKET STREET BOARDMAN OH 44512 NONE PC UNRESTRICTED GIFT 1000 AMERICAN RED CROSS MAHONING COUNTY OFFICE 25 N CANFIELD NILES RD STE 140 AUSTINTOWN OH 44515 NONE PC UNRESTRICTED GIFT 2500 ROTARY CLUB OF YOUNGSTOWN 201 E COMMERCE STREET STE 450 YOUNGSTOWN OH 44503 NONE PC UNRESTRICTED GIFT 1000 AMERICAN CANCER SOCIETY 10501 EUCLID AVENUE CLEVELAND OH 44106 NONE PC UNRESTRICTED GIFT 500 AMERICAN JEWISH JOINT DISTRIBUTION COMM 220 EAST 42ND STREET SUITE 400 NEW YORK NY 10017 NONE PC UNRESTRICTED GIFT 5000 JEWISH NATIONAL FUND 42 EAST 69TH STREET NEW YORK NY 10021 NONE PC UNRESTRICTED GIFT 1500 OPERA WESTERN RESERVE ATTN PATRICIA FLECK KAVIC 1000 FIFTH AVENUE YOUNGSTOWN OH 445041673 NONE PC UNRESTRICTED GIFT 1000 INSPIRING MINDS 837 WOODLAND STREET NE WARREN OH 44483 NONE PC UNRESTRICTED GIFT 2500 YOUNGSTOWN NEIGHBORHOOD DVLPMT CORP 820 CANFIELD ROAD YOUNGSTOWN OH 44511 NONE PC GRANT FOR INTRFTH HME 5000 YOUNGSTOWN SYMPHONY SOCIETY 260 WEST FEDERAL STREET YOUNGSTOWN OH 445031256 NONE PC UNRESTRICTED GIFT 1500 YOUNGSTOWN AREA JEWISH FEDERATION ATTN ANDREW LIPKIN 505 GYPSY LANE YOUNGSTOWN OH 44504 NONE PC UNRESTRICTED GIFT 8000 YOUNGSTOWN PLAYHOUSE 600 PLAYHOUSE LANE YOUNGSTOWN OH 44511 NONE PC UNRESTRICTED GIFT 3334 BUTLER INSTITUTE OF AMERICAN ART 524 WICK AVE YOUNGSTOWN OH 44502 NONE PC UNRESTRICTED GIFT 5000 NORTHEAST OHIO ADOPTION SERVICES 5000 E MARKET STREET SUITE 26 WARREN OH 44484 NONE PC GRANT FOR FOSTER CARE PRGM: 5000 NEOMED FOUNDATION (NEOUCOM) ATTN LINDSEY LOFTUS 4209 STATE ROUTE 44 ROOTSTOWN OH 442720095 NONE PC FELLOWSHIP & PRACTICE 5000 WARREN CITY SCHOOL DISTRICT ATTN JILL MEROLLA SUPERVISOR 105 HIGH STREET WARREN OH 44481 NONE PC ENRICHMENT PROJECT 3623 HILLEL AT KENT STATE UNIVERSITY 613 E SUMMIT STREET KENT OH 44240 NONE PC UNRESTRICTED GIFT 2500 YOUNGSTOWN AREA JEWISH FOUNDATION 505 GYPSY LANE YOUNGSTOWN OH 44504 NONE PC ONGOING GRANT FOR CURRENT 8000 SACRAMENTO FOOD BANK & FAMILY SVCS ATTN BLAKE YOUNG PRESIDENT & CEO 3333 THIRD AVENUE SACRAMENTO CA 95817 NONE PC GRANT FOR THE FOOD BANK 1500 MIDNIGHT MISSION ATTN G MICHAEL ARNOLD CEO 601 SOUTH SAN PEDRO STREET LOS ANGELES CA 90014 NONE PC GRANT FOR COVID-19 RESPONSE 2500 FOODBANK OF SOUTHERN CALIFORNIA 1444 SAN FRANCISCO AVE LONG BEACH CA 90813 NONE EXEMPT GRANT 1500 128457 14 61296 18 88684 149980 149980 false false false false false false false false false false SEE ATTACHED STATEMENT AT COST 1993510 2493057 PRIOR YR ROC - VANGUARD REAL ESTATE ETF 151 PRIOR YR ROC - CROWN CASTLE REIT 101 AMORTIZATION 1512 PRIOR YR ROC - WILLIAMS COS INC 73 PRIOR YR ROC - ENTERGY 57 PURCHASE OF ISRAEL BONDS 75000 PRIOR YR ROC - NATIONAL RETAIL REIT 92 PRIOR YR ROC - NEXTRA 27 PARTNERSHIP INCOME -BROOKFIELD 15 MARKET DISCOUNT 8 PRIOR YR ROC - BARON EMERGING 278 TRUSTEE FEES-PRIN (NON-DEDUCTI 14559 14559 FOREIGN TAXES 168 168 0 FEDERAL TAX PAYMENT-PRIOR YEAR 4783 0 0 FEDERAL ESTIMATES-CURRENT YEAR 5256 0 0 FORIGN TAXES IN QUALIFIED FOR 85 0 FOREIGN TAXES ON NONQUAL FOR D 195 0