Form990-PF
Click to see attachment

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
BAUGHMAN FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 1356
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LIBERAL, KS67905
A Employer identification number

48-6108797
B Telephone number (see instructions)

(620) 624-1371
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$31,503,043
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 3,589 3,589  
4 Dividends and interest from securities... 583,661 583,661  
5a Gross rents............ 475,549 475,549  
b Net rental income or (loss) 346,847
6a Net gain or (loss) from sale of assets not on line 10 138,817
b Gross sales price for all assets on line 6a 27,474,036
7 Capital gain net income (from Part IV, line 2)... 138,817
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... 113,869 113,499  
12 Total. Add lines 1 through 11........ 1,315,485 1,315,115  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 90,000 45,000   45,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... 6,788 3,394   3,394
b Accounting fees (attach schedule)....... 5,645 2,823   2,822
c Other professional fees (attach schedule).... 93,354 93,354    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 18,643 17,246   1,397
19 Depreciation (attach schedule) and depletion... 382 382  
20 Occupancy.............. 3,266 1,633   1,633
21 Travel, conferences, and meetings....... 241 121   120
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 134,570 133,194   1,376
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 352,889 297,147   55,742
25 Contributions, gifts, grants paid....... 1,715,948 1,715,948
26 Total expenses and disbursements. Add lines 24 and 25 2,068,837 297,147   1,771,690
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -753,352
b Net investment income (if negative, enter -0-) 1,017,968
c Adjusted net income (if negative, enter -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.............      
2 Savings and temporary cash investments......... 620,971 630,079 629,908
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 8,059,689    
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet1,161,255
Less: accumulated depreciation (attach schedule) bullet54,045 1,107,210 Click to see attachment1,107,210 11,741,648
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 10,962,166 Click to see attachment18,253,284 19,131,487
14 Land, buildings, and equipment: basis bullet39,594
Less: accumulated depreciation (attach schedule) bullet32,701 152 Click to see attachment6,893  
15 Other assets (describe bullet) Click to see attachment18,161 Click to see attachment17,561  
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 20,768,349 20,015,027 31,503,043
Liabilities 17 Accounts payable and accrued expenses.......... 919 949
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)......... 919 949
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........... 20,767,430  
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 20,767,430 20,014,078
30 Total liabilities and net assets/fund balances (see instructions). 20,768,349 20,015,027
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
20,767,430
2
Enter amount from Part I, line 27a .....................
2
-753,352
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
20,014,078
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
20,014,078
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 2285 00287Y109 ABBVIE INC P 2019-05-29 2019-07-02
b 445 XXX-XX-XXXX APPLE INC P 2018-12-19 2019-07-15
c 1235 XXX-XX-XXXX BIG LOTS INC P 2018-08-31 2019-05-17
d 4380 26078J100 DOWDUPONT INC P 2019-01-31 2019-04-22
e 8620 XXX-XX-XXXX HAIN CELESTIAL GROUP P 2018-11-15 2019-05-29
270 68389X105 ORACLE CORPORATION P 2018-06-29 2019-01-23
15230 XXX-XX-XXXX OWENS ILLINOIS INC NEW P 2018-11-13 2019-08-09
6150 75281A109 RANGE RESOURCES CORP P 2018-10-05 2019-05-22
10325 XXX-XX-XXXX SKECHERS USA INC P 2018-09-13 2019-07-30
1335 83088M102 SKYWORKS SOLUTIONS INC P 2018-12-06 2019-01-03
2675 XXX-XX-XXXX UNITED STATES STEEL CORP P 2018-11-21 2019-08-27
6550 02005N100 ALLY FINANCIAL INC P 2016-04-29 2019-08-13
5830 XXX-XX-XXXX BIG LOTS INC P 2018-03-05 2019-05-17
2670 XXX-XX-XXXX CHEESECAKE FACTORY INC P 2018-02-09 2019-02-22
600 XXX-XX-XXXX DISNEY WALT COMPANY P 2018-06-06 2019-07-15
26675 XXX-XX-XXXX GULFPORT ENERGY CORP P 2018-03-05 2019-08-14
2800 69318G106 PBF ENERGY INC P 2017-05-31 2019-02-21
8275 75281A109 RANGE RESOURCES CORP P 2018-03-05 2019-05-22
1330 83088M102 SKYWORKS SOLUTIONS INC P 2016-08-19 2019-01-03
4980 XXX-XX-XXXX TYSON FOODS INC P 2018-07-30 2019-09-09
6695 XXX-XX-XXXX UNITED STATES STEEL CORP P 2018-08-23 2019-08-27
6590 XXX-XX-XXXX VOYA FINANCIAL INC P 2016-05-06 2019-09-09
710 98956P102 ZIMMER BIOMET HOLDINGS P 2016-04-29 2019-09-09
1765.012 00089H106 ACS ACTIVIDADES DE CONST P 2018-11-14 2019-09-16
307 XXX-XX-XXXX AIA GROUP LTD SPONSORED ADR P 2018-11-14 2019-09-16
19 XXX-XX-XXXX ABBOTT LABORATORIES P 2019-09-16 2019-09-18
457 00435F309 ACCOR S A SPONSORED P 2019-08-23 2019-09-16
4175 00766T100 AECOM P 2018-11-13 2019-09-16
2050 XXX-XX-XXXX AFFILIATED MANAGERS GROUP P 2019-05-17 2019-09-16
14 XXX-XX-XXXX AIR PRODUCTS & CHEMICALS P 2019-09-16 2019-09-18
371 XXX-XX-XXXX AIRBUS SE ADR P 2018-11-14 2019-09-16
621 02209S103 ALTRIA GROUP INC P 2019-09-16 2019-09-20
1220 XXX-XX-XXXX APPLE INC P 2019-01-03 2019-09-16
1635 03938L203 ARCELORMITTAL LUXEMBOURG P 2018-11-14 2019-06-03
321 XXX-XX-XXXX AXA-ADR P 2018-11-14 2019-09-16
22 XXX-XX-XXXX BB&T CORP P 2019-09-16 2019-09-18
282 05523R107 BAE SYSTEMS PLACE P 2018-11-14 2019-09-16
406 XXX-XX-XXXX BASF SE SPONSORED P 2018-11-14 2019-09-16
1608 05545E209 BHP GROUP PLC P 2018-11-21 2019-10-10
260 XXX-XX-XXXX BAIDU INC P 2019-03-08 2019-08-13
9308 05964H105 BANCO SANTANDER CENT HISPANO P 2018-11-14 2019-06-04
730 06652K103 BANKUNITED INC P 2018-10-12 2019-09-16
8 09247X101 BLACKROCK IN P 2019-09-16 2019-09-18
971 XXX-XX-XXXX BRITISH AMERN TOB P 2018-11-14 2019-01-24
80 13961R100 CAPGEMINI SE P 2019-09-10 2019-09-16
766 XXX-XX-XXXX CARLSBERG AS-B P 2018-11-14 2019-09-16
5730 15135B101 CENTENE CORP P 2019-07-19 2019-09-16
6 XXX-XX-XXXX COCA COLA COMPANY P 2019-09-16 2019-09-18
47 20030N101 COMCAST CORP P 2019-09-16 2019-09-18
11815 XXX-XX-XXXX COMMERCIAL METALS P 2019-08-27 2019-09-16
107 23304Y100 DBS GROUP HOLDINGS P 2018-11-14 2019-09-16
4034 XXX-XX-XXXX XTRACKERS USD HIGH P 2019-01-10 2019-06-03
523 23328E106 DNB ASA P 2018-11-14 2019-09-16
3038 XXX-XX-XXXX DAIMLER AG P 2019-01-16 2019-08-19
687 23636T100 DANONE P 2018-11-14 2019-09-16
1282 XXX-XX-XXXX DEUTSCHE BOERSE AG P 2018-11-14 2019-09-16
258 25157Y202 DEUTSCHE POST AG P 2018-11-14 2019-09-16
5635 XXX-XX-XXXX DOW INC P 2019-08-23 2019-09-16
928 XXX-XX-XXXX E.ON-SE-SPON P 2018-11-14 2019-09-16
584 29286D105 ENGIE SPON P 2018-11-14 2019-09-16
159 XXX-XX-XXXX ESSILOR INTL P 2018-11-14 2019-09-16
438 XXX-XX-XXXX FANUC CORP P 2018-11-14 2019-09-16
1500 31428X106 FEDEX CORPORATION P 2019-08-23 2019-09-16
1715 XXX-XX-XXXX GENL DYNAMICS CORP P 2019-05-20 2019-09-16
186 XXX-XX-XXXX HSBC HOLDINGS P 2018-11-14 2019-09-16
2554 40434L105 HP INC P 2019-09-16 2019-10-21
83 XXX-XX-XXXX HITACHI LTD P 2019-06-06 2019-09-16
13 XXX-XX-XXXX HOME DEPOT P 2019-09-16 2019-09-18
14 XXX-XX-XXXX HONEYWELL INTERNATIONAL P 2019-09-16 2019-09-18
2 XXX-XX-XXXX ILLINOIS TOOL WORKS P 2019-09-16 2019-09-18
593 XXX-XX-XXXX INDUSTRIA DE DISENO TEXTILE IN P 2018-11-14 2019-09-16
2728 XXX-XX-XXXX INTERNATIONAL CONS AIRLINES P 2019-01-14 2019-02-28
3031 46115H107 INTESA SANPAOLO P 2018-11-14 2019-05-31
29598 XXX-XX-XXXX ISHARES P 2019-06-03 2019-09-16
20447 XXX-XX-XXXX ISHARES P 2019-01-10 2019-06-03
10565 XXX-XX-XXXX ISHARES P 2018-11-16 2019-01-02
23533 46429B267 ISHARES P 2019-01-02 2019-01-10
11654 46431W507 ISHARES P 2018-11-16 2019-01-02
11614 46641Q837 JPMORGAN P 2018-11-16 2019-01-02
6090 XXX-XX-XXXX JETBLUE AIRWAYS CORP P 2019-03-11 2019-09-16
7 XXX-XX-XXXX JOHNSON & JOHNSON P 2019-09-16 2019-09-18
938 48137C108 JULIUS BAER GROUP P 2018-11-14 2019-09-16
606 XXX-XX-XXXX KUBOTA CORP P 2018-11-14 2019-03-15
11 XXX-XX-XXXX ELI LILLY & CO P 2019-09-16 2019-09-18
2650 XXX-XX-XXXX LLOYDS BANKING GROUP PLC P 2018-11-14 2019-09-16
2965 XXX-XX-XXXX MAGELLAN HEALTH P 2019-07-30 2019-09-16
3350 56585A102 MARATHON PETROLEUM P 2019-07-19 2019-09-16
15 57772K101 MAXIM INTEGRATED PROD P 2019-09-16 2019-09-18
131 XXX-XX-XXXX MICROSOFT CORP P 2019-09-16 2019-11-15
1302 XXX-XX-XXXX MURATA MANUFACTURING P 2018-11-15 2019-11-05
843 XXX-XX-XXXX NASPERS LTD NEW P 2019-05-06 2019-10-31
9865 XXX-XX-XXXX NATIONAL GENERAL P 2019-08-23 2019-09-16
3495 64110D104 NETAPP P 2019-09-09 2019-09-16
93 65339F101 NEXTERA ENERGY P 2019-09-16 2019-10-07
919 65558R109 NORDEA BANK P 2018-11-14 2019-09-16
92 67077M108 NUTRIEN LTD P 2019-06-12 2019-09-16
2381 XXX-XX-XXXX ORANGE P 2018-11-14 2019-07-10
487 XXX-XX-XXXX OTSUKA HOLDINGS P 2018-11-14 2019-09-16
2125 XXX-XX-XXXX PVH P 2019-09-09 2019-09-16
293 XXX-XX-XXXX PAYCHEX P 2019-09-16 2019-12-17
12 XXX-XX-XXXX PEPSICO INCORPORATED P 2019-09-16 2019-09-18
1098 XXX-XX-XXXX PFIZER P 2019-09-16 2019-11-15
1992 72201R783 PIMCO P 2019-01-10 2019-06-03
1916 72201R833 PIMCO ETF TRUST P 2018-11-16 2019-01-02
2130 XXX-XX-XXXX PULTE GROUP INC P 2019-03-27 2019-09-16
129 74975E303 RWE AKTIENGESELLSCHAFT P 2019-08-20 2019-09-16
1300 76026T205 REPSOL YPF P 2018-11-14 2019-09-23
807 XXX-XX-XXXX ROCHE HOLDINGS P 2018-11-14 2019-09-16
362 XXX-XX-XXXX ROLLS ROYCE P 2019-05-15 2019-09-16
738 XXX-XX-XXXX KONINKLIJKE DSM P 2018-11-14 2019-09-16
359 XXX-XX-XXXX ROYAL DUTCH SHELL P 2018-11-14 2019-11-01
2284 78464A417 SPDR BLOOMBERG P 2019-01-10 2019-03-19
35735 78464A664 SPDR PORTFOLIO ETF LOND TERM P 2019-06-03 2019-09-16
40558 78464A672 SPDR BLLOMBERG ETF BARCLAYS P 2019-06-03 2019-09-16
11674 78468R408 SPDR BLOOMBERG ETF BARCLAYS SH P 2019-01-10 2019-06-03
12673 78468R622 SPDR SER TR BLOOMBERG P 2019-01-10 2019-06-03
12739 78468R663 SPDR SER TR ETF SPDR BLOOMBERG P 2018-11-16 2019-01-02
189 XXX-XX-XXXX SAP SE P 2018-11-14 2019-09-16
421 XXX-XX-XXXX SECOM LTD P 2018-11-14 2019-09-16
2350 81783H105 SEVEN & I HOLDINGS ADR P 2018-11-14 2019-04-23
15 XXX-XX-XXXX SIMON PROPERTY GROUP P 2019-09-16 2019-09-18
375 83175M205 SMITH & NEPHEW PLC P 2018-11-14 2019-09-16
6046 86562M209 SUMITOMO MITSUI FINL P 2018-11-14 2019-08-12
16 XXX-XX-XXXX STARBUCKS CORP P 2019-09-16 2019-09-18
11 XXX-XX-XXXX SYSCO P 2019-09-16 2019-09-18
4483 XXX-XX-XXXX TESCO PLC P 2019-04-30 2019-10-15
1410 XXX-XX-XXXX TORAY INDUSTRIES P 2018-12-24 2019-11-15
822 89151E109 TOTAL S.. P 2018-11-14 2019-06-06
7 XXX-XX-XXXX US BANCORP P 2019-09-16 2019-09-18
7760 XXX-XX-XXXX URBAN OUTFITTERS P 2019-07-19 2019-09-16
38 91913Y100 VALERO ENERGY P 2019-09-16 2019-09-18
8 92939U106 WEC ENERGY GROUP P 2019-09-16 2019-09-18
3 G5960L103 MEDTRONIC PLC P 2019-09-16 2019-09-18
675 N00985106 EARCAP HLDGS P 2018-11-14 2019-09-16
.88 00089H106 ACS ACTIVIDADES CASH IN LIEU P 2019-07-26 2019-07-26
261 82622J104 SIEMENS HEALTHINEERS ADR P 2019-03-27 2019-09-16
3785 02005N100 ALLY FINANCIAL INC P 2017-03-27 2019-09-16
9040 XXX-XX-XXXX AMERICAN EQUITY INVESTMENT LIF P 2018-05-03 2019-09-16
3335 XXX-XX-XXXX ATLAS AIR WORLDWIDE HOLDINGS P 2017-05-17 2019-09-16
11045 XXX-XX-XXXX BANK OF AMERICA CORP P 2016-11-10 2019-09-16
4925 06652K103 BANKUNITED INC P 2018-04-12 2019-09-16
895 09062X103 BIOGEN INC P 2018-03-05 2019-09-16
14920 12621E103 CNO FINL GROUP P 2018-09-13 2019-09-16
3350 XXX-XX-XXXX COMMERICIAL METALS CO P 2018-09-13 2019-09-16
2250 XXX-XX-XXXX DISNEY WALT COMPANY P 2018-08-08 2019-09-16
25372.18 XXX-XX-XXXX DOUBLELINE FDS TR TOTAL RETURN P 2014-09-25 2019-06-19
22335 XXX-XX-XXXX FNB CORP P 2018-01-05 2019-09-16
5470 XXX-XX-XXXX INTERNATIONAL PAPER CO P 2011-03-09 2019-09-16
969 XXX-XX-XXXX ISHARES MSCI ETF EMERGING MKTS P 2017-02-22 2019-06-19
422 46625H100 JPMORGAN CHASE & CO P 2013-11-05 2019-09-18
8785 XXX-XX-XXXX JETBLUE AIRWAYS CORP P 2018-02-01 2019-09-16
7020 59156R108 METLIFE INC P 2018-03-05 2019-09-16
7150 62886E108 NCR CORP NEW P 2018-08-24 2019-09-16
7980 XXX-XX-XXXX OPEN TEXT CORP P 2018-09-13 2019-09-16
2670 68389X105 ORACLE CORPORATION P 2018-06-29 2019-09-16
1862 XXX-XX-XXXX SECOM LTD P 2018-11-14 2019-11-25
1575 XXX-XX-XXXX TORAY INDUSTRIES P 2018-11-14 2019-11-15
890 XXX-XX-XXXX TYSON FOODS INC P 2018-07-30 2019-09-16
4427.6 92828W361 VIRTUS FUNDS VIRTUS VONTOBEL E P 2015-11-16 2019-06-19
2040 98956P102 ZIMMER BIOMET HOLDINGS P 2018-03-05 2019-09-16
4790 G0684D107 ATHENE HOLDINGS P 2018-03-05 2019-09-16
80 N00985106 AERCAP HLDGS P 2018-11-14 2019-11-18
43 n07059210 asml holding nv P 2019-03-26 2019-09-16
264 N6596X109 NXP SEMICONDUCTORS P 2018-12-18 2019-12-11
Capital Gain Dividends      
(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 168,586   181,164 -12,578
b 91,194   74,063 17,131
c 39,712   53,872 -14,160
d 167,410   158,170 9,240
e 185,826   193,043 -7,217
13,161   11,870 1,291
195,308   276,254 -80,946
49,634   103,408 -53,774
363,426   295,802 67,624
81,344   93,888 -12,544
27,719   70,561 -42,842
206,388   139,205 67,183
211,707   253,333 -41,626
126,942   125,504 1,438
86,823   61,053 25,770
102,027   456,172 -354,145
99,569   57,359 42,210
78,613   153,593 -74,980
81,040   95,356 -14,316
399,012   333,513 65,499
69,375   184,596 -115,221
342,945   232,675 110,270
94,511   81,239 13,272
14,867   13,343 1,524
12,430   9,959 2,471
1,591   1,588 3
3,919   3,948 -29
158,852   133,965 24,887
181,565   207,439 -25,874
3,105   3,054 51
12,099   10,010 2,089
25,290   25,713 -423
267,360   184,642 82,718
25,237   39,714 -14,477
8,080   7,983 97
1,163   1,159 4
7,635   7,855 -220
7,400   7,917 -517
71,128   65,304 5,824
26,357   47,204 -20,847
42,008   44,957 -2,949
24,498   24,636 -138
3,541   3,469 72
30,486   35,461 -4,975
1,886   1,947 -61
19,955   16,932 3,023
263,496   284,917 -21,421
325   322 3
2,199   2,160 39
222,636   198,855 23,781
7,955   7,194 761
196,307   195,542 765
9,479   9,210 269
35,954   44,145 -8,191
11,484   10,195 1,289
17,805   16,038 1,767
8,481   8,288 193
273,081   295,361 -22,280
9,580   9,403 177
8,745   8,274 471
10,298   10,766 -468
7,875   7,387 488
259,143   240,757 18,386
325,103   289,994 35,109
7,444   7,746 -302
42,995   47,962 -4,967
6,268   5,830 438
2,996   3,006 -10
2,339   2,326 13
312   315 -3
8,690   8,581 109
43,780   43,239 541
37,204   40,530 -3,326
3,193,985   3,166,017 27,968
1,731,388   1,718,435 12,953
1,165,368   1,166,165 -797
581,952   584,303 -2,351
581,003   583,166 -2,163
581,993   583,139 -1,146
102,797   98,903 3,894
913   913  
8,187   8,189 -2
41,990   49,699 -7,709
1,236   1,209 27
7,698   8,030 -332
188,032   196,164 -8,132
176,322   204,177 -27,855
880   882 -2
19,417   17,881 1,536
20,845   19,641 1,204
25,986   42,956 -16,970
238,153   235,862 2,291
196,940   174,880 22,060
21,500   20,341 1,159
7,061   8,362 -1,301
4,777   4,893 -116
36,679   39,754 -3,075
9,952   11,152 -1,200
192,587   174,880 17,707
24,959   23,917 1,042
1,626   1,618 8
40,975   40,459 516
195,910   195,489 421
193,418   194,378 -960
74,730   60,492 14,238
3,678   3,632 46
20,577   22,867 -2,290
26,764   24,928 1,836
3,775   4,344 -569
21,322   16,593 4,729
21,336   22,053 -717
81,644   79,662 1,982
1,324,409   1,303,169 21,240
2,456,241   2,450,592 5,649
311,946   312,443 -497
1,339,555   1,326,042 13,513
1,164,966   1,166,128 -1,162
22,953   19,608 3,345
9,159   8,218 941
39,988   51,183 -11,195
2,336   2,301 35
16,272   13,724 2,548
40,997   47,514 -6,517
1,454   1,437 17
869   856 13
41,364   44,366 -3,002
20,275   20,884 -609
43,742   46,170 -2,428
390   389 1
201,480   184,035 17,445
3,148   3,066 82
748   730 18
328   328  
33,965   35,059 -1,094
7     7
5,206   5,435 -229
130,704   74,499 56,205
220,301   228,163 -7,862
91,637   138,509 -46,872
331,012   191,992 139,020
165,280   196,401 -31,121
211,398   217,467 -6,069
240,838   333,805 -92,967
63,126   70,303 -7,177
306,465   239,049 67,416
267,894   278,587 -10,693
256,252   298,552 -42,300
230,481   143,334 87,147
41,694   37,607 4,087
50,097   21,982 28,115
148,288   186,773 -38,485
331,991   230,256 101,735
234,329   197,728 36,601
325,743   234,315 91,428
141,258   117,393 23,865
40,788   36,346 4,442
22,213   24,657 -2,444
59,289   40,654 18,635
49,036   40,513 8,523
282,089   240,354 41,735
203,409   246,838 -43,429
4,740   4,155 585
9,669   8,029 1,640
27,163   20,621 6,542
      2,001
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       -12,578
b       17,131
c       -14,160
d       9,240
e       -7,217
      1,291
      -80,946
      -53,774
      67,624
      -12,544
      -42,842
      67,183
      -41,626
      1,438
      25,770
      -354,145
      42,210
      -74,980
      -14,316
      65,499
      -115,221
      110,270
      13,272
      1,524
      2,471
      3
      -29
      24,887
      -25,874
      51
      2,089
      -423
      82,718
      -14,477
      97
      4
      -220
      -517
      5,824
      -20,847
      -2,949
      -138
      72
      -4,975
      -61
      3,023
      -21,421
      3
      39
      23,781
      761
      765
      269
      -8,191
      1,289
      1,767
      193
      -22,280
      177
      471
      -468
      488
      18,386
      35,109
      -302
      -4,967
      438
      -10
      13
      -3
      109
      541
      -3,326
      27,968
      12,953
      -797
      -2,351
      -2,163
      -1,146
      3,894
       
      -2
      -7,709
      27
      -332
      -8,132
      -27,855
      -2
      1,536
      1,204
      -16,970
      2,291
      22,060
      1,159
      -1,301
      -116
      -3,075
      -1,200
      17,707
      1,042
      8
      516
      421
      -960
      14,238
      46
      -2,290
      1,836
      -569
      4,729
      -717
      1,982
      21,240
      5,649
      -497
      13,513
      -1,162
      3,345
      941
      -11,195
      35
      2,548
      -6,517
      17
      13
      -3,002
      -609
      -2,428
      1
      17,445
      82
      18
       
      -1,094
      7
      -229
      56,205
      -7,862
      -46,872
      139,020
      -31,121
      -6,069
      -92,967
      -7,177
      67,416
      -10,693
      -42,300
      87,147
      4,087
      28,115
      -38,485
      101,735
      36,601
      91,428
      23,865
      4,442
      -2,444
      18,635
      8,523
      41,735
      -43,429
      585
      1,640
      6,542
       
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 2 138,817
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 31,342
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 1,683,780 32,154,563 0.05237
2017 1,425,575 32,564,885 0.04378
2016 1,454,194 31,765,864 0.04578
2015 1,557,697 34,516,088 0.04513
2014 1,340,769 35,854,545 0.03740
2
Total of line 1, column (d) .....................
2
0.224445
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
0.044889
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5......
4
30,435,248
5
Multiply line 4 by line 3......................
5
1,366,208
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
10,180
7
Add lines 5 and 6........................
7
1,376,388
8
Enter qualifying distributions from Part XII, line 4,.............
8
1,771,690
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 10,180
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  
3 Add lines 1 and 2........................... 3 10,180
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 10,180
6 Credits/Payments:
a 2019 estimated tax payments and 2018 overpayment credited to 2019 6a 25,259
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 25,259
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8  
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 15,079
11 Enter the amount of line 10 to be: Credited to 2020 estimated taxBullet15,079 RefundedBullet 11  
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)
    bulletCO, KS, OK
    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 addressbulletN/A
    14
    The books are in care ofbulletCAROL FEATHER-FRANCIS Telephone no.bullet (620) 624-1371

    Located atbullet112 W THIRDLIBERALKS ZIP+4bullet67901
    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
     
     
    .........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).
    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
    CAROL FEATHER-FRANCIS President
    25.00
    54,000    
    1501 TUCKER COURT
    LIBERAL,KS67901
    NATHAN FOREMAN Sec/Treas
    3.00
    18,000    
    101 W 4TH
    LIBERAL,KS67901
    RICHARD R YOXALL Vice President
    3.00
    18,000    
    101 WEST FOURTH STREET
    LIBERAL,KS67901
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation
    (e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (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
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    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
    18,527,172
    b
    Average of monthly cash balances.......................
    1b
    629,909
    c
    Fair market value of all other assets (see instructions)................
    1c
    11,741,648
    d
    Total (add lines 1a, b, and c).........................
    1d
    30,898,729
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
    30,898,729
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    463,481
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    30,435,248
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,521,762
    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
    1,521,762
    2a
    Tax on investment income for 2019 from Part VI, line 5......
    2a
    10,180
    b
    Income tax for 2019. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    10,180
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,511,582
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,511,582
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    1,511,582
    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
    1,771,690
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,771,690
    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
    10,180
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,761,510
    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 1,511,582
    2 Undistributed income, if any, as of the end of 2019:
    a Enter amount for 2018 only....... 766,084
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2019:
    a From 2014......  
    b From 2015......  
    c From 2016......  
    d From 2017......  
    e From 2018......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2019 from Part
    XII, line 4: bullet$ 1,771,690
    a Applied to 2018, but not more than line 2a 766,084
    b Applied to undistributed income of prior years
    (Election required—see instructions).....
     
    c Treated as distributions out of corpus (Election
    required—see instructions)........
    0
    d Applied to 2019 distributable amount..... 1,005,606
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2019.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........
     
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......
     
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........
     
    e Undistributed income for 2018. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
     
    f Undistributed income for 2019. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2020 ..........
    505,976
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......
     
    8 Excess distributions carryover from 2014 not
    applied on line 5 or line 7 (see instructions) ...
     
    9Excess distributions carryover to 2020.
    Subtract lines 7 and 8 from line 6a ......
     
    10 Analysis of line 9:
    a Excess from 2015....  
    b Excess from 2016....  
    c Excess from 2017....  
    d Excess from 2018....  
    e Excess from 2019....  
    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 e-mail address of the person to whom applications should be addressed:
    Carol Feather - Francis
    PO Box 1356
    Liberal,KS679051356
    (620) 624-1371
    bThe form in which applications should be submitted and information and materials they should include:
    Proposal concerning needs; availability of other funding; amount requested.
    cAny submission deadlines:
    Monthly Board Meeting
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Must meet criteria specified in original Trust.
    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
    USD 480
    7 W PARKWAY BLVD
    LIBERAL,KS67901
    NONE GOV PROGRAMS AND EQUIPMENT 344,828
    KS INDEPENDENT COLLEGE FUND
    700 S KANSAS AVE SUITE 622
    TOPEKA,KS66603
    NONE PC EDUCATIONAL SCHOLARSHIPS 25,000
    THE STEPPING STONE SHELTER
    1015 N WASHINGTON
    LIBERAL,KS67901
    NONE PC OPERATING EXPENSES 50,000
    RONALD MCDONALD HOUSE CHARITIES
    1110 N EMPORIA
    WICHITA,KS67214
    NONE PC HEALTHCARE 5,000
    PANHANDLE STATE FOUNDATION
    PO BOX 430
    GOODWELL,OK73939
    NONE PC SCHOLARSHIPS 25,000
    CROSSROADS CENTER INC
    18252 RD 4
    LIBERAL,KS67901
    NONE PC THERAPEUTIC RIDING EXPENSES 11,000
    CITY OF LIBERAL
    PO BOX 2199
    LIBERAL,KS67901
    NONE GOV AIR MUSEUM FUNDING, PARKS & RECREATION PARKING LOT, SUMMER YOUTH PROGRAMS, ARKALON PARK SUPPORT, REC DEPT PROGRAMS & EQUIPMENT 338,382
    BABE RUTH BASEBALL ASSOCIATION OF L
    PO BOX 1604
    LIBERAL,KS67905
    NONE PC ASSISTANCE WITH PROGRAM 20,000
    SANTA FE COUNCIL 194
    1515 E FULTON TERRACE
    GARDEN CITY,KS67846
    NONE PC CAMP/RANCH IMPROVEMENTS 51,975
    LIBERAL HOUSING AUTHORITY
    1401 N NEW YORK
    LIBERAL,KS67901
    NONE PC HOUSING IMPROVEMENTS 41,035
    BEEJAYS INC
    PO BOX 352
    LIBERAL,KS67905
    NONE PC ASSISTANCE WITH EQUIPMENT, UNIFORMS AND OPERATIONS 19,000
    YOUTH ENTREPRENEURS
    4111 E 37TH ST
    WICHITA,KS67220
    NONE PC BUSINESS EDUCATION 15,000
    SMOKEY HILLS PUBLIC TELEVISION
    PO BOX 9
    BUNKER HILL,KS67626
    NONE PC CHILDRENS TV PROGRAMMING 30,000
    SCCC DEVELOPMENT FOUNDATION
    PO BOX 1137
    LIBERAL,KS67905
    NONE PC SCHOLARSHIPS, ALLIED HEALTH DEPT. 347,000
    BAKER ARTS CENTER INC
    624 N PERSHING
    LIBERAL,KS67901
    NONE PC ART MUSEUM PROGRAMS 45,000
    KANZA SOCIETY INC
    210 N SEVENTH
    GARDEN CITY,KS67846
    NONE PC REGIONAL PROGRAMMING 30,000
    HEARTSPRING
    8700 E 29TH ST NORTH
    WICHITA,KS67226
    NONE PC PEDIATRIC SERVICES 20,000
    CITY ON A HILL INC
    PO BOX 401
    SCOTT CITY,KS67871
    NONE PC TREATMENT PROGRAMS 20,000
    RUSSELL CHILD DEVELOPMENT CENTER
    714 BALLINGER
    GARDEN CITY,KS67846
    NONE PC BUILDING & PROGRAMS 21,375
    LIBERAL KIDS INC
    PO BOX 1691
    LIBERAL,KS67905
    NONE PC EQUIPMENT 8,229
    BRENT ELEY FOUNDATION
    11980 E 16TH AVE
    AURORA,CO80010
    NONE PC MEDICAL HOSPITALITY HOUSE 15,000
    KANSAS CHILDRENS SERVICE LEAGUE
    705 BALLINGER
    GARDEN CITY,KS67846
    NONE PC HEAD START PROGRAM 34,000
    JUNIOR ELITE SOFTBALL
    1109 W 7TH
    LIBERAL,KS67901
    NONE PC ESS EQUIP UNIFORMS 7,350
    USD 483
    PO BOX 760
    PLAINS,KS67869
    NONE GOV INTERNET, ONE TO ONE INITIATIVE 21,584
    SEWARD COUNTY COUNCIL ON AGING
    PO BOX 376
    LIBERAL,KS67905
    NONE PC PARKING AT SENIOR CENTER 20,000
    KANSAS UNIVERSITY ENDOWMENT
    PO BOX 928
    LAWRENCE,KS66044
    NONE PC CONSTRUCTION 15,000
    SUBLETTE VOLUNTEER FIRE DEPT
    PO BOX 934
    SUBLETTE,KS67877
    NONE PC RADIOS 7,000
    USD 480 FOUNDATION
    7 PARKWAY BLVD
    LIBERAL,KS67901
    NONE PC AFTER PROM 500
    MEADE CO EMS
    725 W CARTHAGE ST
    MEADE,KS67864
    NONE GOV TRAINING 11,990
    GUYMON PUBLIC SCHOOLS
    801 BEAVER
    GUYMON,OK73942
    NONE GOV MUSIC PROGRAM 4,000
    FRIENDS OF ARKALON PARK
    PETE OLSEN C/O 400 N WASHINGTON
    LIBERAL,KS67901
    NONE PC INTERNET/WIFI 8,700
    KISMET LIBRARY FOUNDATION
    PO BOX 66
    KISMET,KS67859
    NONE GOV BUILDING PROJECT 10,000
    EMBERHOPE YOUTHVILLE
    PO BOX 210
    NEWTON,KS67114
    NONE PC YOUTH RESIDENTIAL IMPROVEMENTS 25,000
    MEADE CO FAIR ASSOC
    PO BOX 369
    MEADE,KS67864
    NONE PC REMODELING 10,000
    KSDS INC
    120 W 7TH ST
    WASHINGTON,KS66968
    NONE PC ASSISTANCE DOGS 10,000
    HOMECARE CORPORATION
    224 N LINCOLN
    LIBERAL,KS67901
    NONE PC FOOD CUPBOARD 5,000
    LIBERAL SEWARD CO COMMUNICATION CEN
    PO BOX 2199
    LIBERAL,KS67905
    NONE PC RADIO SYSTEM 40,000
    CITY OF FORGAN
    105 W MAIN ST
    FORGAN,OK73938
    NONE GOV YOUTH BALL FIELD 3,000
    Total .................................bullet 3a 1,715,948
    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 ...........
        14 3,589  
    4 Dividends and interest from securities....     14 583,661  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 346,847  
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............
        18 138,817  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aMISCELLANEOUS
        1 370  
    bROYALTY MINERAL INTERESTS     15 113,499  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   1,186,783  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,186,783
    (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: 19009920
    Software Version: 2019v5.0


    Form 990PF - Special Condition Description:
    Special Condition Description