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. 1545-0052
2019
Open to Public Inspection
For calendar year 2019, or tax year beginning 01-01-2019 , and ending 12-31-2019
Name of foundation
BRENDEN MANN FOUNDATION CO DORSEY & WHITNEY
 
Number and street (or P.O. box number if mail is not delivered to street address)401 E 8TH ST STE 319
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SIOUX FALLS, SD571037031
A Employer identification number

11-3789260
B Telephone number (see instructions)

(605) 336-6832
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$20,990,144
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 589,849 579,983  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 133,252
b Gross sales price for all assets on line 6a 6,000,415
7 Capital gain net income (from Part IV, line 2)... 133,252
8 Net short-term capital gain......... 0
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)....... 79,343 79,343  
12 Total. Add lines 1 through 11........ 802,444 792,578  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 215,000 50,000   165,000
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... 126,586 82,083   44,503
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... 28,123 21,238   6,885
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 17,875 2,990 0 14,885
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... 31,706 12,891   50
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 419,290 169,202 0 231,323
25 Contributions, gifts, grants paid....... 782,200 782,200
26 Total expenses and disbursements. Add lines 24 and 25 1,201,490 169,202 0 1,013,523
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -399,046
b Net investment income (if negative, enter -0-) 623,376
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2019)
Form 990-PF (2019)
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............. 0    
2 Savings and temporary cash investments......... 789,005 584,007 584,007
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
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 bullet0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 2,681,871 Click to see attachment2,223,021 2,925,308
c Investments—corporate bonds (attach schedule)....... 2,855,989 Click to see attachment2,378,963 2,526,011
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 12,218,636 Click to see attachment12,679,234 14,954,818
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) 18,545,501 17,865,225 20,990,144
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........ 18,545,501 17,865,225
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 18,545,501 17,865,225
30 Total liabilities and net assets/fund balances (see instructions). 18,545,501 17,865,225
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
18,545,501
2
Enter amount from Part I, line 27a .....................
2
-399,046
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
18,146,455
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
281,230
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
17,865,225
Form 990-PF (2019)
Form 990-PF (2019)
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 66. CELGENE CORP     2019-01-10
b 265. RYOHIN KEIKAKU CO -UNSP ADR     2019-01-11
c 51. AUTODESK INC   2015-09-03 2019-01-23
d 980. ABB LTD-SPON ADR     2019-01-30
e 99. BEACON ROOFING SUPPLY INC     2019-01-31
178. BEACON ROOFING SUPPLY INC     2019-01-31
361. KNIGHT-SWIFT TRANSPORTATION   2018-03-12 2019-01-31
94. KEYSIGHT TECHNOLOGIES IN   2017-06-26 2019-02-05
400. RED ELECTRICA COR-UNSPON ADR   2018-08-28 2019-02-20
.4 COVETRUS INC   2015-12-14 2019-02-26
58. AMN HEALTHCARE SERVICES INC     2019-02-27
21. ACUITY BRANDS INC     2019-02-27
58. ALARM.COM HOLDINGS INC   2017-06-13 2019-02-27
44. ANSYS INC     2019-02-27
33. BIO-TECHNE CORP   2012-08-21 2019-02-27
88. BLACKLINE INC     2019-02-27
22. CHEMED CORP   2012-08-21 2019-02-27
87. COGNEX CORP   2015-07-06 2019-02-27
23. COSTAR GROUP INC   2012-08-21 2019-02-27
30. ELLIE MAE INC   2016-12-01 2019-02-27
200. EVOLENT HEALTH INC CL A   2017-06-13 2019-02-27
55. EXLSERVICE HOLDINGS INC   2016-12-12 2019-02-27
125. FASTENAL CO   2012-08-21 2019-02-27
50. FIVE BELOW     2019-02-27
162. GENTEX CORP   2017-08-16 2019-02-27
69. GODADDY INC - CLASS A   2017-11-06 2019-02-27
63. GRAND CANYON EDUCATION INC     2019-02-27
26. GUIDEWIRE SOFTWARE INC   2018-10-22 2019-02-27
157. HEALTHCARE SERVICES GROUP     2019-02-27
119. HEICO CORP     2019-02-27
34. INTL FLAVORS & FRAGRANCES     2019-02-27
2650. ISHARES IBOXX HIGH YLD CORP     2019-02-27
122. LKQ CORP   2012-08-21 2019-02-27
16. LENNOX INTERNATIONAL INC     2019-02-27
29. MIDDLEBY CORP   2013-12-24 2019-02-27
128. NATIONAL INSTRUMENTS CORP   2012-08-21 2019-02-27
37. NEOGEN CORP   2012-08-21 2019-02-27
109. PRA GROUP INC     2019-02-27
33. PAYCOM SOFTWARE INC     2019-02-27
124. PLURALSIGHT INC - A     2019-02-27
161. PROS HOLDINGS INC   2017-08-16 2019-02-27
61. PROTO LABS INC   2014-12-11 2019-02-27
204. RITCHIE BROS AUCTIONEERS     2019-02-27
160. ROLLINS INC   2012-08-21 2019-02-27
30. HENRY SCHEIN INC   2015-12-14 2019-02-27
52. SMITH (A.O.) CORP   2018-03-12 2019-02-27
22. SNAP-ON INC   2017-02-01 2019-02-27
68. TELADOC HEALTH INC   2018-12-19 2019-02-27
98. 2U INC     2019-02-27
24. TYLER TECHNOLOGIES INC   2017-07-18 2019-02-27
29. ULTIMATE SOFTWARE GROUP INC   2012-08-21 2019-02-27
90. VEEVA SYSTEMS INC-CLASS A     2019-02-27
68. VERISK ANALYTICS INC     2019-02-27
24. WABCO HOLDINGS INC   2016-10-18 2019-02-27
70. WAGEWORKS INC   2017-04-28 2019-02-27
19. WATSCO INC   2017-07-18 2019-02-27
55. WEST PHARMACEUTICAL SERVICES   2017-04-28 2019-02-27
103. IHS MARKIT LTD   2016-07-13 2019-02-27
68. GLOBANT SA   2017-07-18 2019-02-27
62. COVETRUS INC     2019-02-28
350. BHP GROUP LTD-SPON ADR   2018-03-26 2019-03-01
400. ROGERS COMMUNICATIONS INC-B     2019-03-01
625. RED ELECTRICA COR-UNSPON ADR     2019-03-04
100. YANDEX NV CL A   2018-03-26 2019-03-08
75. ASHTEAD GROUP PLC-UNSPON ADR   2016-11-21 2019-03-11
65. YANDEX NV CL A   2018-03-26 2019-03-11
47. FACEBOOK INC-CLASS A   2018-08-07 2019-03-15
180. CIA SANEAMENTO BASICO DE-ADR   2018-03-26 2019-03-26
330. FERGUSON PLC SPONS ADR   2018-03-26 2019-03-26
126. ELLIE MAE INC   2016-12-01 2019-03-28
3. ALPHABET INC-CL A   2015-04-10 2019-04-05
10. ANTHEM INC   2017-04-07 2019-04-05
120. ULTIMATE SOFTWARE GROUP INC   2012-08-21 2019-04-12
1000. CIELO SA SPONS ADR     2019-04-15
2000. CIELO SA SPONS ADR     2019-04-16
543. CIELO SA SPONS ADR     2019-04-17
1040. CIELO SA SPONS ADR   2018-06-27 2019-04-17
.2 ALCON INC   2015-04-21 2019-04-23
39. KEYSIGHT TECHNOLOGIES IN   2017-06-26 2019-05-02
143. ANADARKO PETE CORP   2018-03-19 2019-05-06
107. ANADARKO PETE CORP   2019-02-22 2019-05-06
28. ACCENTURE PLC-CL A   2018-03-26 2019-05-08
705. COMPASS GROUP PLC-SPON ADR     2019-05-09
7. ACCENTURE PLC-CL A   2018-03-26 2019-05-09
70. WOLTERS KLUWER NV-SPONS ADR   2018-01-16 2019-05-10
97. WABCO HOLDINGS INC     2019-05-24
400. UBISOFT ENTERTAIN-UNSPON ADR   2018-04-04 2019-05-28
160. SONOVA HOLDING-UNSPON ADR   2018-09-07 2019-06-04
735. TENCENT HOLDINGS LTD-UNS ADR     2019-06-04
92. VEEVA SYSTEMS INC-CLASS A   2015-12-15 2019-06-04
350. TENCENT HOLDINGS LTD-UNS ADR     2019-06-06
120. BHP GROUP LTD-SPON ADR   2018-03-26 2019-06-07
40. CANADIAN NATL RAILWAY CO   2017-03-30 2019-06-10
995. FERGUSON PLC-ADR   2018-03-26 2019-06-10
130. HEICO CORP     2019-06-10
440. ABN AMRO GROUP NV UNSPONS ADR   2018-03-26 2019-06-27
125. ANHEUSER-BUSCH INBEV-SPN ADR   2018-01-12 2019-06-27
995. ASSA ABLOY AB - UNSP ADR     2019-06-27
155. ATOS ORIGIN SA-UNSP ADR     2019-06-27
635. BB SEGURIDADE PARTI-SPON ADR   2018-03-26 2019-06-27
110. BHP GROUP LTD-SPON ADR   2018-03-26 2019-06-27
55. CANADIAN NATL RAILWAY CO     2019-06-27
325. CARLSBERG AS-B-SPON ADR   2018-03-26 2019-06-27
635. CIE FINANCIERE RICH-UNSP ADR     2019-06-27
330. CIA SANEAMENTO BASICO DE-ADR   2018-03-26 2019-06-27
260. COMPASS GROUP PLC-SPON ADR     2019-06-27
100. DBS GROUP HOLDINGS-SPON ADR   2018-03-26 2019-06-27
245. DAIWA HOUSE INDUS-UNSP ADR   2018-03-26 2019-06-27
615. ENGIE-SPON ADR     2019-06-27
265. EQUINOR ASA-SPON ADR   2018-03-26 2019-06-27
590. FERGUSON PLC-ADR   2018-03-26 2019-06-27
65. 58.COM INC-ADR   2018-03-26 2019-06-27
160. GENMAB A/S -SP ADR   2018-03-26 2019-06-27
160. GRUPO FIN BANORTE-SPON ADR     2019-06-27
900. ICICI BANK LTD-SPON ADR     2019-06-27
320. KAO CORP   2017-05-18 2019-06-27
140. KASIKORNBANK PCL-UNSPON ADR     2019-06-27
280. KOMATSU LTD -SPONS ADR   2018-08-28 2019-06-27
190. LONZA GROUP AG-UNSPON ADR     2019-06-27
185. MAKITA CORP-SPONS ADR   2018-03-26 2019-06-27
240. MICHELIN (CGDE)-UNSPON ADR   2018-03-26 2019-06-27
215. MR PRICE GROUP LTD SPONS ADR   2018-03-26 2019-06-27
160. NASPERS LTD-N SHS SPON ADR   2019-06-04 2019-06-27
705. NORDEA BANK ABP - SPON ADR   2017-08-14 2019-06-27
165. NOVARTIS AG-SPONSORED ADR     2019-06-27
145. TELEKOMUNIK INDONESIA-SP ADR   2018-03-26 2019-06-27
525. PING AN INSURANCE-ADR   2018-03-26 2019-06-27
300. PRUDENTIAL PLC-ADR   2018-03-26 2019-06-27
535. RED ELECTRICA COR-UNSPON ADR   2018-03-26 2019-06-27
435. RELX PLC - SPON ADR     2019-06-27
90. ROGERS COMMUNICATIONS INC-B     2019-06-27
170. KONINKLIJKE DSM NV-SPONS ADR     2019-06-27
250. ROYAL DUTCH SHELL-SPON ADR-A   2018-03-26 2019-06-27
75. RYANAIR HOLDINGS PLC SPONS ADR   2018-03-26 2019-06-27
130. RYOHIN KEIKAKU CO -UNSP ADR   2018-03-26 2019-06-27
370. SAFRAN SA-UNSPON ADR   2018-03-26 2019-06-27
380. SAMPO OYJ-A SHS-UNSP ADR     2019-06-27
500. SANLAM LTD-SPONSORED ADR     2019-06-27
240. SANOFI-ADR   2019-03-22 2019-06-27
120. SAP SE-SPONSORED ADR   2018-03-26 2019-06-27
85. SONOVA HOLDING-UNSPON ADR     2019-06-27
1025. SUMITOMO MITSUI-SPONS ADR   2018-03-26 2019-06-27
315. SUNCOR ENERGY INC   2018-03-26 2019-06-27
30. SUZUKI MOTOR CORP-UNS ADR   2019-01-17 2019-06-27
230. TAIWAN SEMICONDUCTOR-SP ADR     2019-06-27
435. TELENOR ASA-ADR   2018-03-26 2019-06-27
80. TENCENT HOLDINGS LTD-UNS ADR     2019-06-27
240. UBISOFT ENTERTAIN-UNSPON ADR     2019-06-27
180. UNILEVER PLC-SPONSORED ADR   2018-01-12 2019-06-27
300. VINCI S.A.-UNSPONS ADR     2019-06-27
340. VIVENDI SA-UNSPON ADR     2019-06-27
515. VOLKSWAGEN AG-UNSP ADR PREF   2018-11-02 2019-06-27
298. WAGEWORKS INC     2019-06-27
145. WOLTERS KLUWER NV-SPONS ADR     2019-06-27
70. AON PLC     2019-06-27
70. ACCENTURE PLC-CL A     2019-06-27
145. MEDTRONIC PLC   2018-03-26 2019-06-27
35. ALCON INC     2019-06-27
135. YANDEX NV CL A   2018-03-26 2019-06-27
10. ACCENTURE PLC-CL A     2019-07-01
245. SONOVA HOLDING-UNSPON ADR     2019-07-02
91324.201 VANGUARD TOT BD MKT IDX-ADM   2018-01-24 2019-07-02
55555.556 VANGUARD DEV MKT INDX-ADM   2018-01-19 2019-07-02
265. VINCI S.A.-UNSPONS ADR   2018-03-26 2019-07-02
95. WOLTERS KLUWER NV-SPONS ADR     2019-07-02
25. ACCENTURE PLC-CL A   2016-10-17 2019-07-02
430. RED ELECTRICA COR-UNSPON ADR   2018-03-26 2019-07-05
58. APTIV PLC   2017-11-06 2019-07-24
200. MICHELIN (CGDE)-UNSPON ADR   2018-03-26 2019-07-25
5. VINCI S.A.-UNSPONS ADR   2018-03-26 2019-07-25
156. SCHLUMBERGER LTD   2016-04-19 2019-07-31
310. CARLSBERG AS-B-SPON ADR     2019-08-02
790. ABN AMRO GROUP NV UNSPONS ADR   2018-03-26 2019-08-09
455. ABN AMRO GROUP NV UNSPONS ADR   2018-08-29 2019-08-09
.89 FISERV INC   2018-01-10 2019-08-12
10. IQVIA HOLDINGS INC   2015-11-05 2019-08-13
16. STARBUCKS CORP   2018-07-13 2019-08-13
11. VISA INC-CLASS A SHARES   2016-09-01 2019-08-13
475. ICICI BANK LTD-SPON ADR   2018-03-26 2019-08-22
100. CIA SANEAMENTO BASICO DE-ADR   2018-03-26 2019-08-23
110. CIA SANEAMENTO BASICO DE-ADR   2018-03-26 2019-08-27
470. MICHELIN (CGDE)-UNSPON ADR     2019-08-27
300. SANLAM LTD-SPONSORED ADR   2016-11-01 2019-09-03
70. SANLAM LTD-SPONSORED ADR     2019-09-04
12. COSTAR GROUP INC   2012-08-21 2019-09-05
275. RITCHIE BROS AUCTIONEERS   2018-03-12 2019-09-05
126. HENRY SCHEIN INC     2019-09-06
19. FISERV INC   2018-01-10 2019-09-13
17. VISA INC-CLASS A SHARES   2016-09-01 2019-09-13
177. PROS HOLDINGS INC     2019-09-17
245. ROGERS COMMUNICATIONS INC-B   2018-07-11 2019-09-18
560. ICICI BANK LTD-SPON ADR   2018-03-26 2019-09-20
220. ICICI BANK LTD-SPON ADR   2018-03-26 2019-09-20
72. AUTODESK INC   2015-09-03 2019-09-23
160. CBS CORPORATION CLASS B W/I     2019-09-24
121. ELANCO ANIMAL HEALTH INC   2019-01-14 2019-10-07
700. ASSA ABLOY AB - UNSP ADR   2018-03-26 2019-10-09
840. CONTINENTAL AG-SPONS ADR   2019-07-24 2019-10-09
455. NASPERS LTD-N SHS SPON ADR   2019-06-04 2019-10-09
455. PROSUS NV -SPON ADR   2019-06-04 2019-10-09
150. ASSA ABLOY AB - UNSP ADR   2018-03-26 2019-10-10
435. ATOS ORIGIN SA-UNSP ADR   2019-05-23 2019-10-11
100. YANDEX NV CL A   2018-03-26 2019-10-15
280. YANDEX NV CL A     2019-10-15
135. COMPASS GROUP PLC-SPON ADR     2019-10-18
100. ANHEUSER-BUSCH INBEV-SPN ADR   2018-01-12 2019-10-30
55. ANHEUSER-BUSCH INBEV-SPN ADR     2019-10-31
35. ANHEUSER-BUSCH INBEV-SPN ADR   2018-11-16 2019-10-31
20. ANHEUSER-BUSCH INBEV-SPN ADR   2018-03-26 2019-10-31
7. ALPHABET INC-CL A   2015-04-10 2019-11-05
34. ANTHEM INC   2017-04-07 2019-11-05
1772. CIE FINANCIERE RICH-UNSP ADR     2019-11-11
115. ANHEUSER-BUSCH INBEV-SPN ADR     2019-11-13
35. ANHEUSER-BUSCH INBEV-SPN ADR   2018-11-01 2019-11-13
1800. ZOZO INC UNSPONS ADR   2019-08-19 2019-11-15
510. UBISOFT ENTERTAIN-UNSPON ADR   2017-07-24 2019-11-18
165. UBISOFT ENTERTAIN-UNSPON ADR   2018-12-19 2019-11-18
735. ABN AMRO BANK UNSPONS ADR   2019-08-13 2019-11-22
418. LKQ CORP   2012-08-21 2019-12-03
91. LKQ CORP   2012-08-21 2019-12-03
148. IHS MARKIT LTD   2016-07-13 2019-12-03
281. IHS MARKIT LTD   2016-07-13 2019-12-03
17797. ISHARES CORE MSCI EMERGING     2019-12-11
6125. VANGUARD TOTAL INTL BOND ETF     2019-12-11
667. VANGUARD S&P 500 ETF   2018-01-18 2019-12-11
7137.759 VANGUARD DEV MKT INDX-ADM   2018-01-19 2019-12-12
175. UNILEVER PLC-SPONSORED ADR     2019-12-17
966738.71 ACL ALTERNATIVE FUND   2012-02-06 2019-12-23
50. AON PLC     2019-12-27
33704.804 SJC OFFSHORE CAP FINANCE FD   2011-12-29 2019-12-31
129084. MORGAN STANLEY REAL ESTATE FUND VI     2019-12-31
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a 5,723   5,978 -255
b 11,325   11,379 -54
c 7,001   2,346 4,655
d 18,625   22,423 -3,798
e 3,600   2,743 857
6,453   4,802 1,651
11,578   17,909 -6,331
7,101   3,614 3,487
4,356   4,301 55
15   17 -2
2,928   3,228 -300
2,756   4,128 -1,372
3,776   2,106 1,670
7,742   3,999 3,743
6,362   2,236 4,126
4,690   3,688 1,002
7,189   1,462 5,727
4,667   2,083 2,584
10,501   1,916 8,585
2,980   2,400 580
2,714   5,021 -2,307
3,394   2,745 649
7,890   5,448 2,442
6,005   1,856 4,149
3,282   2,830 452
5,224   3,225 1,999
7,160   2,733 4,427
2,377   2,366 11
5,993   5,130 863
10,909   3,781 7,128
4,307   3,937 370
227,172   220,621 6,551
3,323   2,368 955
3,925   3,281 644
3,656   2,377 1,279
5,957   3,412 2,545
2,274   761 1,513
3,471   4,031 -560
5,978   3,511 2,467
3,817   3,719 98
6,774   4,287 2,487
6,835   4,099 2,736
7,611   4,222 3,389
6,277   1,681 4,596
1,743   1,796 -53
2,731   3,448 -717
3,564   3,963 -399
4,627   3,355 1,272
7,281   3,531 3,750
4,924   4,216 708
9,615   2,766 6,849
10,464   2,502 7,962
8,558   5,479 3,079
3,285   2,568 717
2,430   5,163 -2,733
2,737   2,838 -101
5,710   5,021 689
5,473   3,396 2,077
4,697   2,909 1,788
2,229   2,600 -371
18,419   15,654 2,765
20,313   20,367 -54
6,606   6,341 265
3,501   4,189 -688
7,521   5,384 2,137
2,315   2,723 -408
7,804   8,674 -870
1,905   2,066 -161
2,073   2,592 -519
12,427   10,080 2,347
3,651   1,639 2,012
2,902   1,664 1,238
39,629   11,444 28,185
2,242   7,880 -5,638
4,409   15,116 -10,707
1,173   3,710 -2,537
2,246   4,347 -2,101
11   13 -2
3,373   1,499 1,874
10,805   8,307 2,498
8,085   4,716 3,369
4,883   4,177 706
15,601   14,279 1,322
1,203   1,044 159
4,794   3,650 1,144
12,612   10,061 2,551
6,354   6,584 -230
7,014   6,468 546
30,737   39,965 -9,228
14,174   2,504 11,670
14,736   9,604 5,132
6,369   5,367 1,002
3,643   2,964 679
6,274   7,814 -1,540
16,728   3,981 12,747
4,607   6,494 -1,887
10,887   14,364 -3,477
10,995   10,638 357
2,503   2,475 28
5,232   5,734 -502
6,408   4,920 1,488
5,019   3,417 1,602
8,518   7,704 814
5,334   5,794 -460
3,830   3,787 43
6,216   4,846 1,370
7,603   8,326 -723
7,026   9,037 -2,011
9,157   9,208 -51
5,287   6,301 -1,014
4,165   4,633 -468
4,155   5,454 -1,299
2,800   3,363 -563
4,645   5,235 -590
11,304   7,994 3,310
4,826   3,922 904
3,412   3,830 -418
6,622   7,962 -1,340
6,260   6,389 -129
6,244   8,805 -2,561
6,060   7,135 -1,075
2,984   5,397 -2,413
7,624   7,303 321
5,139   9,080 -3,941
15,030   12,432 2,598
4,191   3,821 370
12,542   11,372 1,170
12,954   15,479 -2,525
5,628   5,157 471
10,606   9,879 727
4,755   4,414 341
5,202   4,725 477
16,420   16,015 405
4,728   9,354 -4,626
4,533   8,853 -4,320
13,520   9,547 3,973
8,892   10,752 -1,860
5,512   6,722 -1,210
10,303   10,782 -479
16,039   12,584 3,455
3,813   3,424 389
7,167   8,696 -1,529
9,944   10,561 -617
5,550   6,308 -758
9,099   6,803 2,296
9,344   9,935 -591
3,587   1,945 1,642
3,672   3,534 138
11,071   9,795 1,276
7,602   7,426 176
9,190   8,901 289
8,626   9,221 -595
15,058   20,078 -5,020
10,506   6,606 3,900
13,313   9,358 3,955
12,558   9,582 2,976
14,185   11,193 2,992
2,089   1,814 275
5,119   5,655 -536
1,866   1,190 676
11,012   9,360 1,652
1,000,000   970,776 29,224
750,000   840,556 -90,556
6,748   6,537 211
6,967   3,849 3,118
4,700   2,939 1,761
4,349   4,145 204
4,808   4,689 119
4,786   5,946 -1,160
127   123 4
6,279   12,312 -6,033
8,424   7,244 1,180
8,234   11,660 -3,426
4,742   6,320 -1,578
93   52 41
1,571   719 852
1,542   818 724
1,965   896 1,069
5,074   4,192 882
1,277   1,148 129
1,333   1,262 71
9,597   12,785 -3,188
2,800   2,877 -77
675   659 16
7,328   999 6,329
10,795   9,158 1,637
7,749   7,536 213
1,948   1,106 842
3,010   1,384 1,626
10,832   4,096 6,736
12,367   11,966 401
6,265   4,942 1,323
2,560   1,942 618
10,979   3,311 7,668
6,528   8,491 -1,963
3,212   3,838 -626
7,499   7,406 93
10,255   12,304 -2,049
13,355   14,172 -817
6,404   6,596 -192
1,607   1,587 20
6,391   6,947 -556
3,083   4,189 -1,106
8,594   9,940 -1,346
3,362   2,478 884
8,103   11,491 -3,388
4,444   6,034 -1,590
2,828   2,759 69
1,616   2,155 -539
9,058   3,825 5,233
9,304   5,659 3,645
12,935   12,580 355
9,148   8,837 311
2,784   2,686 98
7,879   6,853 1,026
5,625   6,370 -745
1,820   2,679 -859
13,013   13,317 -304
14,342   8,114 6,228
3,120   1,766 1,354
10,657   4,879 5,778
20,242   9,264 10,978
928,206   952,561 -24,355
355,425   330,527 24,898
192,212   171,422 20,790
100,000   107,994 -7,994
9,917   9,126 791
912,197   937,287 -25,090
10,358   6,648 3,710
865     865
8,324     8,324
      3,398
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       -255
b       -54
c       4,655
d       -3,798
e       857
      1,651
      -6,331
      3,487
      55
      -2
      -300
      -1,372
      1,670
      3,743
      4,126
      1,002
      5,727
      2,584
      8,585
      580
      -2,307
      649
      2,442
      4,149
      452
      1,999
      4,427
      11
      863
      7,128
      370
      6,551
      955
      644
      1,279
      2,545
      1,513
      -560
      2,467
      98
      2,487
      2,736
      3,389
      4,596
      -53
      -717
      -399
      1,272
      3,750
      708
      6,849
      7,962
      3,079
      717
      -2,733
      -101
      689
      2,077
      1,788
      -371
      2,765
      -54
      265
      -688
      2,137
      -408
      -870
      -161
      -519
      2,347
      2,012
      1,238
      28,185
      -5,638
      -10,707
      -2,537
      -2,101
      -2
      1,874
      2,498
      3,369
      706
      1,322
      159
      1,144
      2,551
      -230
      546
      -9,228
      11,670
      5,132
      1,002
      679
      -1,540
      12,747
      -1,887
      -3,477
      357
      28
      -502
      1,488
      1,602
      814
      -460
      43
      1,370
      -723
      -2,011
      -51
      -1,014
      -468
      -1,299
      -563
      -590
      3,310
      904
      -418
      -1,340
      -129
      -2,561
      -1,075
      -2,413
      321
      -3,941
      2,598
      370
      1,170
      -2,525
      471
      727
      341
      477
      405
      -4,626
      -4,320
      3,973
      -1,860
      -1,210
      -479
      3,455
      389
      -1,529
      -617
      -758
      2,296
      -591
      1,642
      138
      1,276
      176
      289
      -595
      -5,020
      3,900
      3,955
      2,976
      2,992
      275
      -536
      676
      1,652
      29,224
      -90,556
      211
      3,118
      1,761
      204
      119
      -1,160
      4
      -6,033
      1,180
      -3,426
      -1,578
      41
      852
      724
      1,069
      882
      129
      71
      -3,188
      -77
      16
      6,329
      1,637
      213
      842
      1,626
      6,736
      401
      1,323
      618
      7,668
      -1,963
      -626
      93
      -2,049
      -817
      -192
      20
      -556
      -1,106
      -1,346
      884
      -3,388
      -1,590
      69
      -539
      5,233
      3,645
      355
      311
      98
      1,026
      -745
      -859
      -304
      6,228
      1,354
      5,778
      10,978
      -24,355
      24,898
      20,790
      -7,994
      791
      -25,090
      3,710
      865
      8,324
       
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 2 133,252
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  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in)
(b)
Adjusted qualifying distributions
(c)
Net value of noncharitable-use assets
(d)
Distribution ratio
(col. (b) divided by col. (c))
2018 1,085,624 19,890,805 0.054579
2017 1,141,474 19,713,831 0.057902
2016 1,104,206 19,476,138 0.056695
2015 949,523 22,303,896 0.042572
2014 907,333 21,173,479 0.042852
2
Total of line 1, column (d) .....................
2
0.2546
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
0.05092
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5......
4
19,699,096
5
Multiply line 4 by line 3......................
5
1,003,078
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
6,234
7
Add lines 5 and 6........................
7
1,009,312
8
Enter qualifying distributions from Part XII, line 4,.............
8
1,013,523
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2019)
Form 990-PF (2019)
Page 4
Part VI
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 includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 6,234
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 6,234
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 6,234
6 Credits/Payments:
a 2019 estimated tax payments and 2018 overpayment credited to 2019 6a 8,373
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 4,800
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 13,173
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 6,939
11 Enter the amount of line 10 to be: Credited to 2020 estimated taxBullet6,939 RefundedBullet 11 0
Part VII-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 Instructions
for 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 XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNV
    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 2019 or the taxable year beginning in 2019? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    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 (2019)
    Form 990-PF (2019)
    Page 5
    Part VII-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 addressbullet  
    14
    The books are in care ofbulletDORSEY & WHITNEY TRUST COMPANY LLC Telephone no.bullet (605) 336-6832

    Located atbullet401 E 8TH ST STE 319SIOUX FALLSSD ZIP+4bullet571037031
    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 2019, 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 VII-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?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (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)?...............
    (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.).......
    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
    ........bullet
    c
    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 2019?.............
    1c
     
    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 2019, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2019?.............
    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?......................
    b
    If "Yes," did it have excess business holdings in 2019 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 2019.)..................
    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 2019?
    4b
     
    No
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 6
    Part VII-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))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    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
    .........bullet
    c
    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?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    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?
    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? .................
    Part VIII
    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
    JOHNNY BRENDEN CHAIR, SEC, TREASURER
    10
    120,000    
    4321 WEST FLAMINGO RD
    LAS VEGAS,NV89103
    KATHRYN JENSEN EXECUTIVE DIRECTOR
    2
    75,000    
    4321 WEST FLAMINGO RD
    LAS VEGAS,NV89103
    MICHAEL SULLIVAN DIRECTOR
    1
    20,000    
    4321 WEST FLAMINGO RD
    LAS VEGAS,NV89103
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation
    (e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 7
    Part VIII
    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
    KATHRYN JENSEN EXECUTIVE DIRECTOR 75,000
    PO BOX 227
    BAYFIELD,WI54814
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-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 IX-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.........................bullet  
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 8
    Part X
    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
    19,400,105
    b
    Average of monthly cash balances.......................
    1b
    598,977
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    19,999,082
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    19,999,082
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    299,986
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    19,699,096
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    984,955
    Part XI
    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 X, line 6....................
    1
    984,955
    2a
    Tax on investment income for 2019 from Part VI, line 5......
    2a
    6,234
    b
    Income tax for 2019. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    6,234
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    978,721
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    978,721
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    978,721
    Part XII
    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
    1,013,523
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,013,523
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    6,234
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,007,289
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus
    (b)
    Years prior to 2018
    (c)
    2018
    (d)
    2019
    1 Distributable amount for 2019 from Part XI, line 7 978,721
    2 Undistributed income, if any, as of the end of 2019:
    a Enter amount for 2018 only....... 495,700
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2019:
    a From 2014...... 0
    b From 2015...... 0
    c From 2016...... 0
    d From 2017...... 0
    e From 2018...... 0
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2019 from Part
    XII, line 4: bullet$ 1,013,523
    a Applied to 2018, but not more than line 2a 495,700
    b Applied to undistributed income of prior years
    (Election required—see instructions).....
    0
    c Treated as distributions out of corpus (Election
    required—see instructions)........
    0
    d Applied to 2019 distributable amount..... 517,823
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2019. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........
    0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......
    0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........
    0
    e Undistributed income for 2018. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
    0
    f Undistributed income for 2019. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2020 ..........
    460,898
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......
    0
    8 Excess distributions carryover from 2014 not
    applied on line 5 or line 7 (see instructions) ...
    0
    9Excess distributions carryover to 2020.
    Subtract lines 7 and 8 from line 6a ......
    0
    10 Analysis of line 9:
    a Excess from 2015.... 0
    b Excess from 2016.... 0
    c Excess from 2017.... 0
    d Excess from 2018.... 0
    e Excess from 2019.... 0
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-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 2019, 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) 2019 (b) 2018 (c) 2017 (d) 2016
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    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 X, 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 XV
    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 (2019)
    Form 990-PF (2019)
    Page 11
    Part XV
    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
    East Bay Golf Foundation
    2290 DIAMOND BLVD SUITE 203
    Concord,CA94520
    N/A PC ANNUAL MAYOR'S CUP GOLF 1,000
    Landmark School Inc
    429 HALE ST PO BOX 227
    Prides Crossing,MA01965
    N/A PC MIDDLE SCHOOL SCIENCE LAB & 41,000
    Will Rogers Motion Picture Pioneers
    Foundation
    6767 FOREST LAWN DRIVE STE 303
    Los Angeles,CA90068
    N/A PC PIONEER OF THE YEAR EVENT 21,000
    Sapphire Foundation for Prostate Cancer
    3025 SAMMY DAVIS JR DR
    Las Vegas,NV89109
    N/A PC POKER TOURNAMENT 2,600
    Jewish Resource Center Chabad of Aspen
    435 WEST MAIN SREET
    Aspen,CO81611
    N/A PC YOUTH PROGRAMMING 5,000
    Israeli-American Council
    5900 CANOGA AVE STE 390
    Woodland Hills,CA91367
    N/A PC ANNUAL GALA 5,000
    Variety - the Children's Charity of the
    United States Inc
    4601 WILSHIRE BOULEVARD SUITE 260
    Los Angeles,CA90010
    N/A PC VARIETY NORTH AMERICAN 10,000
    One Drop Foundation Inc
    980 KELLY JOHNSON DR STE 200
    Las Vegas,NV89119
    N/A PC ONE NIGHT FOR ONE DROP 5,550
    Camping & Education Foundation
    3515 MICHIGAN AVE
    Cincinnati,OH45208
    N/A PC ANNUAL FUND 2,000
    Second Harvest Food Bank of Orange
    County Inc
    8014 MARINE WAY
    Irvine,CA92618
    N/A PC CHRISTMAS FOOD DRIVE 5,000
    Islamic Educational Center
    3194 AIRPORT LOOP DR STE B
    Costa Mesa,CA92626
    N/A PC MEMORIAL DONATION 1,000
    Developments In Literacy Inc
    17320 RED HILL AVENUE SUITE 120
    Irvine,CA92614
    N/A PC LAS VEGAS ANNUAL GALA 2,500
    Cleveland Clinic Foundation
    PO BOX 931517
    Cleveland,OH44193
    N/A PC POWER OF LOVE EVENT & ART 16,500
    Augsburg University
    2211 RIVERSIDE AVE
    Minneapolis,MN55454
    N/A PC STEPUP GALA 10,000
    Mount Olivet Rolling Acres Inc
    18986 LAKE DRIVE EAST
    CHANHASSEN,MN55317
    N/A PC GENERAL OPERATING SUPPORT 6,000
    Mayo Clinic
    200 FIRST ST SW
    Rochester,MN55905
    N/A PC INTERCEPT PROJECT FOR 15,000
    Conquer Paralysis Now
    PO BOX 3661
    Princeton,NJ08543
    N/A PC FUNDRAISING AND AWARENESS 2,000
    Options for Life Foundation
    5481 COLLINGWOOD CIR
    Calabasas,CA91302
    N/A PC ANNUAL OPTIONS FOR LIFE 5,000
    Aspen Valley Hospital Foundation
    401 CASTLE CREEK RD
    Aspen,CO81611
    N/A PC FAXITRON MACHINE FOR THE 10,000
    Raiders Foundation
    1220 HARBOR BAY PKWY
    Alameda,CA94502
    N/A PC RAIDERS FOUNDATION CHARITY 1,000
    Huntington Beach Police and Community
    Foundation
    8840 WARNER AVE STE 204
    Fountain Vly,CA92708
    N/A PC ANNUAL AWARDS LUNCHEON & 6,000
    Contra Costa Family Justice Alliance
    256 24TH ST
    Richmond,CA94804
    N/A PC BUILDING SAFETY THROUGH 5,000
    Todos Santos Business Association Arts
    Foundation Inc
    PO BOX 921
    Concord,CA94522
    N/A PC CONCORD'S 4TH OF JULY 2,500
    Contra Costa Midrasha
    25 HILLCROFT WAY
    Walnut Creek,CA94597
    N/A PC BRENDEN MANN SCHOLARSHIP 5,000
    Contra Costa County Sheriffs Search
    and Rescue
    50 GLACIER DR
    MARTINEZ,CA94553
    N/A PC ADULT & INFANT CPR MANIKINS 3,500
    Sheriffs Charities Inc
    PO BOX 1088
    Danville,CA94526
    N/A PC GOLF TOURNAMENT 2,500
    Aspenfilm
    110 E HALLAM ST STE 103
    Aspen,CO81611
    N/A PC 40TH ANNIVERSARY FILM 10,000
    Poetry Promise Inc
    5771 EMPRESS GARDEN CT
    Las Vegas,NV89148
    N/A PC LAS VEGAS JEWISH FILM 1,000
    Vegas Golden Knights Foundation Inc
    1701 VILLAGE CENTER CIRCLE
    Las Vegas,NV89134
    N/A PC GOLDEN KNIGHTS GALA 15,000
    Aspen Art Museum
    637 EAST HYMAN AVE
    Aspen,CO81611
    N/A PC ARTCRUSH EVENT 6,000
    City of Aspen
    130 SOUTH GALENA STREET
    Aspen,CO81611
    N/A GOV ASPEN POLICE DEPARTMENT 2,000
    City of Rifle
    202 RAILROAD AVE
    Rifle,CO81650
    N/A GOV RIFLE POLICE DEPARTMENT 6,000
    Aspen Fire Protection District
    420 E HOPKINS AVE
    Aspen,CO81611
    N/A GOV PURCHASE OF A ROVIR THERMAL 8,000
    Variety-the Childrens Charity of
    Southern Nevada
    PO BOX 26701
    Las Vegas,NV89126
    N/A PC SENSORY ROOM AT DISCOVERY 25,000
    Boys & Girls Clubs of Southern Nevada
    2850 LINDELL ROAD
    Las Vegas,NV89146
    N/A PC TECHNOLOGY ENHANCEMENTS FOR 4,750
    Jewish Federation of Las Vegas
    2317 RENAISSANCE DR
    Las Vegas,NV89119
    N/A PC WOMEN'S PHILANTHROPY UNITED 5,000
    The Animal Foundation
    655 N MOJAVE RD
    Las Vegas,NV89101
    N/A PC CPR PROGRAM 2,100
    The Shade Tree Incorporated
    1 W OWENS AVE
    N Las Vegas,NV89030
    N/A PC SPECIAL EVENTS FOR WOMEN 5,000
    Opportunity Village Foundation
    6300 W OAKEY BLVD
    Las Vegas,NV89146
    N/A PC SANTA RUN 5,000
    The Smith Center for the Performing Arts
    361 SYMPHONY PARK
    Las Vegas,NV89106
    N/A PC HEART OF EDUCATION AWARDS 5,000
    Friends for Las Vegas Metropolitan
    Police Department
    PO BOX 271468
    Las Vegas,NV89106
    N/A PC HIDDEN HEROES BLACK AND 5,000
    The Branson School
    39 FERNHILL AVE
    Ross,CA94957
    N/A PC STUDENT FINANCIAL AID 2,500
    Variety - the Children's Charity of
    Northern California
    582 MARKET ST SUITE 101
    San Francisco,CA94104
    N/A PC ANNUAL GOLD HEART CLASSIC 5,000
    Nevada Ballet Theatre
    1651 INNER CIR
    Las Vegas,NV89134
    N/A PC FUTURE DANCE SPRING CONCERT 10,000
    Candlelighters for Childhood Cancer
    8990 SPANISH RIDGE AVENUE SUITE 10
    Las Vegas,NV89148
    N/A PC COUNSELING SERVICES & 21,500
    Childrens Crisis Center of Stanislaus
    County
    PO BOX 1062
    MODESTO,CA95353
    N/A PC PREMIER EVENT FUNDRAISER 5,000
    Dr Miriam & Sheldon G Adelson
    Educational Institute
    9700 HILLPOINTE RD
    Las Vegas,NV89134
    N/A PC GALA & CAMPERSHIPS TO CAMP 27,500
    University of Nevada Las Vegas
    Foundation
    4505 S MARYLAND PKWY BOX 451006
    LAS VEGAS,NV89154
    N/A PC FILM DEPARTMENT PROJECTS & 78,700
    City of Concord Police Department
    1350 GALINDO STREET
    Concord,CA94520
    N/A GOV WEEKEND OFFICER PROGRAM & 13,300
    Variety the Children's Charity of
    Southern California Tent 25
    4601 WILSHIRE BLVD SUITE 260
    Los Angeles,CA90010
    N/A PC CASINO NIGHT/GOLF 31,000
    Pepperdine University
    24255 PACIFIC COAST HIGHWAY
    Malibu,CA90263
    N/A PC SCHOLARS PROGRAM & ISRAEL 226,000
    First Christian Church of H B
    1207 MAIN ST
    Huntington Beach,CA92648
    N/A PC YOUTH RETREATS, MISSION 22,200
    Variety Boys and Girls Club
    2530 CINCINNATI ST
    Los Angeles,CA90033
    N/A PC ANNUAL GOLF TOURNAMENT AND 10,000
    University of California Irvine
    Foundation
    100 THEORY SUITE 250
    Irvine,CA92617
    N/A PC BREAST CANCER PATIENT 10,000
    Los Angeles LGBT Center
    1118 N MCCADDEN PLACE
    Los Angeles,CA90038
    N/A PC SUPPORT FOR AIDS/LIFECYCLE 2,000
    Rhonda Fleming Foundation
    1723 CLOVERFIELD BLVD
    Santa Monica,CA90404
    N/A PF GENERAL OPERATING SUPPORT 12,500
    Learning With A Difference Inc
    5461 LOUISE AVE
    Encino,CA91316
    N/A PC WESTMARK PARENTS 2,500
    Malibu Foundation for Youth and Families
    11766 WILSHIRE BLVD STE 500
    Los Angeles,CA90025
    N/A PC GENERAL OPERATING SUPPORT 1,000
    CHP 11-99 Foundation
    2244 N STATE COLLEGE BLVD
    Fullerton,CA92831
    N/A PC GENERAL OPERATING SUPPORT 5,000
    Total .................................bullet 3a 782,200
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 12
    Part XVI-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....     14 589,849  
    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.....     14 79,343  
    8 Gain or (loss) from sales of assets other than
    inventory ............
        18 133,252  
    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)..   802,444  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    802,444
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-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 XVI-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 (2019)
    Form 990-PF (2019)
    Page 13
    Part XVII
    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 instr.)
    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 (2019)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description