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
THE RESER FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 8
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BEAVERTON, OR97075
A Employer identification number

27-2624875
B Telephone number (see instructions)

(503) 526-5716
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$53,955,543J 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) 5,652,820
2 Check bullet.............
3 Interest on savings and temporary cash investments 336 336  
4 Dividends and interest from securities... 1,433,873 1,433,873  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 916,501
b Gross sales price for all assets on line 6a 24,825,813
7 Capital gain net income (from Part IV, line 2)... 916,501
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).......      
12 Total. Add lines 1 through 11........ 8,003,530 2,350,710  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 14,905     14,905
c Other professional fees (attach schedule).... Click to see attachment 78,788 31,515   47,273
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 67,530 37,809   29,721
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 47,919 825   47,094
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 209,142 70,149   138,993
25 Contributions, gifts, grants paid....... 1,967,597 1,817,597
26 Total expenses and disbursements. Add lines 24 and 25 2,176,739 70,149   1,956,590
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 5,826,791
b Net investment income (if negative, enter -0-) 2,280,561
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............. 52,602 16,618 16,618
2 Savings and temporary cash investments......... 517,889 5,002,500 5,002,500
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.......... 12,967 17,652 17,652
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 41,487,883 Click to see attachment48,918,773 48,918,773
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment6,332    
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 42,077,673 53,955,543 53,955,543
Liabilities 17 Accounts payable and accrued expenses.......... 26,746 20,517
18 Grants payable................. 265,000 250,000
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) Click to see attachment7,721 Click to see attachment78,257
23 Total liabilities (add lines 17 through 22)......... 299,467 348,774
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........... 41,778,206 53,558,316
25 Net assets with donor restrictions............   48,453
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)..... 41,778,206 53,606,769
30 Total liabilities and net assets/fund balances (see instructions). 42,077,673 53,955,543
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
41,778,206
2
Enter amount from Part I, line 27a .....................
2
5,826,791
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
6,052,726
4
Add lines 1, 2, and 3 ..........................
4
53,657,723
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
50,954
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
53,606,769
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 2199.313 SH DODGE & COX INTL STK P   2019-12-11
b 818.484 SH VANGUARD TOTAL INTL STK P 2011-11-21 2019-12-11
c 25657.279 SH WESTWOOD INCOME OPPTY P   2019-09-19
d 71428.571 SH BOSTON PARTNERS ALL CAP P   2019-09-19
e 18602.976 SH DODGE & COX INTL STK P 2014-12-17 2019-09-19
17301.038 SH PIMCO ALL ASSET INSTL P 2011-06-09 2019-09-19
369126.975 SH WESTWOOD INCOME OPPTY P   2019-09-19
233239.833 SH VANGUARD TOTAL INT STK P 2019-10-10 2019-10-10
124566.046 SH VANGUARD TOTAL STK P 2019-10-10 2019-10-10
(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 95,975   94,521 1,454
b 95,975   90,440 5,535
c 408,206   376,312 31,894
d 1,854,975   1,484,469 370,506
e 774,975   799,507 -24,532
199,975   207,373 -7,398
5,872,787   5,413,939 458,848
6,411,738   6,411,738  
9,031,013   9,031,013  
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       1,454
b       5,535
c       31,894
d       370,506
e       -24,532
      -7,398
      458,848
       
       
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 2 916,501
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 1,963,311 43,773,557 0.044852
2017 1,363,430 32,811,292 0.041554
2016 1,120,838 26,930,775 0.041619
2015 1,078,858 22,048,845 0.048930
2014 800,547 21,092,908 0.037953
2
Total of line 1, column (d) .....................
2
0.214908
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
0.042982
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5......
4
46,713,244
5
Multiply line 4 by line 3......................
5
2,007,829
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
22,806
7
Add lines 5 and 6........................
7
2,030,635
8
Enter qualifying distributions from Part XII, line 4,.............
8
2,081,590
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 22,806
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 22,806
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 22,806
6 Credits/Payments:
a 2019 estimated tax payments and 2018 overpayment credited to 2019 6a 22,000
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 6,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 28,000
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 5,194
11 Enter the amount of line 10 to be: Credited to 2020 estimated taxBullet5,194 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)
    bulletOR
    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. Click to see attachment...............................
    10
    Yes
     
    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 addressbulletWWW.THERESERFAMILYFOUNDATION.ORG
    14
    The books are in care ofbulletMARIJO PRLAIN Telephone no.bullet (503) 526-5716

    Located atbulletPO BOX 8BEAVERTONOR ZIP+4bullet97075
    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
     
     
    ........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
    PATRICIA J RESER TTEE & CHAIR
    4.00     		0 0 0
    PO BOX 8
    BEAVERTON,OR97075
    MICHELLE BOTTARO TRUSTEE & AB
    0.30     		0 0 0
    PO BOX 8
    BEAVERTON,OR97075
    DAVID BOTTARO TRUSTEE
    0.10     		0 0 0
    PO BOX 8
    BEAVERTON,OR97075
    MINDY RESER TRUSTEE
    0.10     		0 0 0
    PO BOX 8
    BEAVERTON,OR97075
    MICHAEL RESER TRUSTEE
    0.10     		0 0 0
    PO BOX 8
    BEAVERTON,OR97075
    DEB RESER TRUSTEE
    0.10     		0 0 0
    PO BOX 8
    BEAVERTON,OR97075
    MARK RESER TRUSTEE
    0.10     		0 0 0
    PO BOX 8
    BEAVERTON,OR97075
    LAURIE RESER TRUSTEE & AB
    0.30     		0 0 0
    PO BOX 8
    BEAVERTON,OR97075
    MARTY RESER TRUSTEE
    0.10     		0 0 0
    PO BOX 8
    BEAVERTON,OR97075
    JANE RESER TRUSTEE & AB
    0.30     		0 0 0
    PO BOX 8
    BEAVERTON,OR97075
    PAUL LEAVY TRUSTEE
    0.10     		0 0 0
    PO BOX 8
    BEAVERTON,OR97075
    BILL WESTPHAL TRUSTEE
    0.30     		0 0 0
    PO BOX 8
    BEAVERTON,OR97075
    MARIJO PRLAIN EXEC. DIRECT
    10.00     		0 0 0
    PO BOX 8
    BEAVERTON,OR97075
    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 N/A  
    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
    46,325,919
    b
    Average of monthly cash balances.......................
    1b
    1,098,694
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    47,424,613
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    47,424,613
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    711,369
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    46,713,244
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    2,335,662
    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
    2,335,662
    2a
    Tax on investment income for 2019 from Part VI, line 5......
    2a
    22,806
    b
    Income tax for 2019. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    22,806
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,312,856
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    90,000
    5
    Add lines 3 and 4............................
    5
    2,402,856
    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
    2,402,856
    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
    1,956,590
    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
    125,000
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    2,081,590
    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
    22,806
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    2,058,784
    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 2,402,856
    2 Undistributed income, if any, as of the end of 2019:
    a Enter amount for 2018 only....... 1,707,918
    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$ 2,081,590
    a Applied to 2018, but not more than line 2a 1,707,918
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2019 distributable amount..... 373,672
    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 ..........     		2,029,184
    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).)
    PATRICIA J RESER
    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:
    MARI JO PRLAIN
    PO BOX 8
    BEAVERTON,OR97075
    (503) 526-5716
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATIONS SHOULD BE SUBMITTED ON THE FOUNDATION'S WEBSITE ON-LINE GRANT MANAGEMENT SYSTEM AT WWW.THERESERFAMILYFOUNDATION.ORG
    cAny submission deadlines:
    FEBRUARY 1ST, AUGUST 1ST
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    CHARITABLE ACTIVITIES MUST BE IN OREGON, ORGANIZATION MUST HAVE TAX EXEMPT STATUS.
    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
    ABC HOUSE
    ON FILE
    ON FILE,OR97075     		    BUILDING HOPE TOGETHER 5,000
    ACCESS OF JACKSON COUNTY
    ON FILE
    ON FILE,OR97075     		    MEDFORD FOOD SHARE GARDEN EXPANSION 2,000
    ADELANTE MUJERES
    ON FILE
    ON FILE,OR97075     		    COMMUNITY CENTER CAPITAL CAMPAIGN 50,000
    ARTIST REPERTORY THEATRE
    ON FILE
    ON FILE,OR97075     		    PLAYWRITING CLASS AND SHOWCASE 5,000
    ARTS COUNCIL OF PENDLETON
    ON FILE
    ON FILE,OR97075     		    CRAFT SPACE FOR TEENS 4,300
    ASSISTANCE LEAGUE OF BEND
    ON FILE
    ON FILE,OR97075     		    OPERATION SCHOOL BELL SUPPORT 10,000
    ASSISTANCE LEAGUE OF GREATER PORTLA
    ON FILE
    ON FILE,OR97075     		    OPERATION SCHOOL BELL 10,000
    ASSISTANCE LEAGUE OF SALEM-KEIZER
    ON FILE
    ON FILE,OR97075     		    OPERATION SCHOOL BELL - CLOTHING PRO 7,500
    ASTORIA WARMING CENTER
    ON FILE
    ON FILE,OR97075     		    COMMUNITY RESOURCES EXPANSION 3,500
    AUGUST WILSON RED DOOR
    ON FILE
    ON FILE,OR97075     		    THE EVOLVE EXPERIENCE 45,000
    BALLET FOLKLORICO RITMO ALEGRE
    ON FILE
    ON FILE,OR97075     		    EMPOWERING LATINX STUDENTS AND RURAL 4,000
    BEAVERTON ARTS AND CULTURE FOUNDATI
    ON FILE
    ON FILE,OR97075     		    PERFORMING ARTS SERIES SUPPORT 50,000
    BEAVERTON ARTS AND CULTURE FOUNDATI
    ON FILE
    ON FILE,OR97075     		    STUDENT SCHOLARSHIPS 5,000
    BEAVERTON CIVIL THEATRE
    ON FILE
    ON FILE,OR97075     		    OUTREACH PROGRAMMING 10,000
    BEAVERTON EDUCATION FOUNDATION
    ON FILE
    ON FILE,OR97075     		    SAFE AND SOUND FOR SCHOOL SUCCESS PR 10,000
    BEAVERTON SYMPHONY ORCHESTRA
    ON FILE
    ON FILE,OR97075     		    REHEARSAL AND PERFORMANCE SPACE SUPP 10,600
    BENTON FURNITURE SHARE
    ON FILE
    ON FILE,OR97075     		    PROGRAM SUPPORT FOR LIFE IS BETTER W 8,000
    BOYS AND GIRLS CLUB OF CORVALLIS
    ON FILE
    ON FILE,OR97075     		    MIDDLE SCHOOL PHYSICAL FITNESS 8,400
    BOYS AND GIRLS CLUB OF THE ROGUE VA
    ON FILE
    ON FILE,OR97075     		    PROJECT LEARN: FULL STEAM AHEAD 12,250
    BRADLEY ANGLE
    ON FILE
    ON FILE,OR97075     		    BONNIE TINKER APPLIANCE PROJECT 7,746
    BRIAN GRANT FOUNDATION
    ON FILE
    ON FILE,OR97075     		    PARKINSON'S RESOURCES FOR LATINX POP 7,500
    CALL TO SAFETY
    ON FILE
    ON FILE,OR97075     		    CALL TO SAFETY UNIFIED SEXUAL ASSAUL 8,000
    CAMP TAMARACK
    ON FILE
    ON FILE,OR97075     		    COMPOSTING TOILETS 5,000
    CANDLELIGHTERS FOR CHILDREN WITH CA
    ON FILE
    ON FILE,OR97075     		    IN HOSPITAL FOOD PROGRAM 5,000
    CANNON BEACH ARTS ASSOCIATION
    ON FILE
    ON FILE,OR97075     		    ART CAMP 8,500
    CASCADE HIGH SCHOOL
    ON FILE
    ON FILE,OR97075     		    HAMMER THROWING PAD 5,000
    CASCADIA BEHAVIORAL HEALTH
    ON FILE
    ON FILE,OR97075     		    HOUSING OUTREACH TEAM 10,000
    CASCADIA CENTER FOR ARTS AND CRAFTS
    ON FILE
    ON FILE,OR97075     		    GENERAL OPERATING SUPPORT 12,499
    CATHOLIC CHARITIES
    ON FILE
    ON FILE,OR97075     		    PARENT TRAINING REGARDING ACE SCORES 10,000
    CENTRO CULTURAL DE CONDADO DE WASHI
    ON FILE
    ON FILE,OR97075     		    ANGEL GIFT - 2020 FUNDRAISER 5,000
    CHETCO HISTORICAL MEMORIAL PROJECT
    ON FILE
    ON FILE,OR97075     		    CHETCO HISTORICAL MEMORIAL PROJECT 9,743
    CHILDREN'S CANCER ASSOCIATION
    ON FILE
    ON FILE,OR97075     		    CHEMO PAL PROGRAM 10,000
    CITIZENS FOR SAFE SCHOOLS
    ON FILE
    ON FILE,OR97075     		    KIDS IN THE MIDDLE MENTORING PROGRAM 5,000
    CLACKAMAS SERVICE CENTER
    ON FILE
    ON FILE,OR97075     		    NUTRITION PROGRAM 6,000
    COLLEGE POSSIBLE
    ON FILE
    ON FILE,OR97075     		    PROGRAM EXPANSION INTO ALOHA HIGH SC 10,000
    COLUMBIA MARITIME MUSEUM
    ON FILE
    ON FILE,OR97075     		    MINI BOAT - GPS, WAVE TRACKING PROGR 5,000
    COMMUNITY TRANSITIONAL SCHOOL
    ON FILE
    ON FILE,OR97075     		    CTS TRANSPORTATION PROGRA FOR HOMELE 10,000
    COOS WATERSHED ASSOCIATION
    ON FILE
    ON FILE,OR97075     		    MATSON CREEK NATIVE PLANT NURSERY IM 10,000
    CROOK COUNTY PARKS AND RECREATION F
    ON FILE
    ON FILE,OR97075     		    OCHOCO CREEK PATHWAY PARK BENCH PROJ 2,770
    CROSSROADS CREATIVE AND PERFORMING
    ON FILE
    ON FILE,OR97075     		    ART SPEAK COLLABORATION TO NUTURE IN 5,000
    DE PAUL TREATMENT CENTERS
    ON FILE
    ON FILE,OR97075     		    CAMPAIGN FOR HOPE AND RECOVERY 50,000
    DRESS FOR SUCCESS
    ON FILE
    ON FILE,OR97075     		    WOMEN IN TECHNOLOGY PROGRAM - INNOVA 25,000
    EASTERN OREGON REGIONAL THEATRE IN
    ON FILE
    ON FILE,OR97075     		    BAKER ORPHEUM THEATRE PROJECT PHASE 10,000
    ECUMENICAL MINISTRIES OF OREGON
    ON FILE
    ON FILE,OR97075     		    FBO SECOND HOME 2,500
    ELEVATE OREGON
    ON FILE
    ON FILE,OR97075     		    STRENGHTENING STUDENT SUCCESS OUTCOM 25,000
    ELSINORE THEATRE
    ON FILE
    ON FILE,OR97075     		    SPARK - STUDENT PERFORMING ARTS 5,000
    ETHOS MUSIC
    ON FILE
    ON FILE,OR97075     		    OUTREACH TO SUPPORT RURAL MUSIC PROG 25,000
    EXPERIENCE THEATRE PROJECT
    ON FILE
    ON FILE,OR97075     		    THE WESTSIDE SHAKESPEARE FESTIVAL 5,000
    FAMILY ACCESS NETWORK FOUNDAITON
    ON FILE
    ON FILE,OR97075     		    FAN ADVOCATE SERVICES IN REDMOND 5,000
    FOUR RIVERS CULTURAL CENTER
    ON FILE
    ON FILE,OR97075     		    FOLK AND TRADITIONALS ARTS FOCUS 3,000
    FRIENDS OF SUNSET FOOTBALL
    ON FILE
    ON FILE,OR97075     		    LIFT A THON 5,000
    FRIENDS OF THE COLUMBIA GORGE
    ON FILE
    ON FILE,OR97075     		    FIGHTING INVASSIVE PLANTS IN THE COL 10,000
    FRIENDS OF TREES
    ON FILE
    ON FILE,OR97075     		    RESTORATION AND ENGAGEMENT THROUGH T 5,000
    GEORGE FOX UNIVERSITY
    ON FILE
    ON FILE,OR97075     		    JUNIOR BOARD SCHOLARSHIP FOR A CENTE 5,000
    GRACES HOPE
    ON FILE
    ON FILE,OR97075     		    RUN WITH GRACE - ANGEL GIFT 2,500
    GRANT SCHOOL DISTRICT
    ON FILE
    ON FILE,OR97075     		    SPECIALIZED MATH CURRICULUM 3,385
    GROWING GARDENS
    ON FILE
    ON FILE,OR97075     		    COMMUNITY DRIVEN HOME GARDENS EXPANS 2,000
    HEART OF OREGON CORPS
    ON FILE
    ON FILE,OR97075     		    TRAINING TOMORROWS WORKFORCE TODAY 10,000
    HIGH DESERT MUSEUM
    ON FILE
    ON FILE,OR97075     		    KIDS CURATE 10,000
    HILLSBORO VISUAL ARTS- SEQUOIA GALL
    ON FILE
    ON FILE,OR97075     		    HIP 2 B SQUARE 2,000
    HOME PLATE YOUTH SERVICES
    ON FILE
    ON FILE,OR97075     		    SUPPORT FOR THE NEW DROP IN CENTER I 25,000
    IN A LANDSCAPE - CLASSICAL MUSIC
    ON FILE
    ON FILE,OR97075     		    CLASSICAL MUSIC IN THE WILD 12,000
    JERICHO ROAD
    ON FILE
    ON FILE,OR97075     		    WEEKEND FOOD PROGRAM 3,000
    JOSEPHY CENTER FOR ARTS AND CULTURE
    ON FILE
    ON FILE,OR97075     		    PROGRAM SUPPORT 5,000
    JPR FOUNDATION
    ON FILE
    ON FILE,OR97075     		    HOLLY THEATRE RESORATION 50,000
    KINSHIP HOUSE
    ON FILE
    ON FILE,OR97075     		    HEALTHY CHILDREN , HEALTHY LIVES PRO 5,000
    KLAMATH BASIN SENIOR CITIZENS CENTE
    ON FILE
    ON FILE,OR97075     		    SENIOR MEALS ON GENERAL OPERATING SU 5,000
    LAKEVIEW COMMUNITY PARTNERSHIP
    ON FILE
    ON FILE,OR97075     		    LIBRARY WINDOW FURNISHINGS IN THE CO 5,000
    LAKEVIEW COMMUNITY PARTNERSHIP
    ON FILE
    ON FILE,OR97075     		    ALGER THEATER RENOVATION SUPPORT - T 100,000
    LAKEWOOD CENTER FOR THE ARTS
    ON FILE
    ON FILE,OR97075     		    YOUTH OUTREACH COLLABORATION 5,000
    LINES FOR LIFE
    ON FILE
    ON FILE,OR97075     		    YOUTH LINE PREVENTION - EDUCATION AN 20,000
    LITERARY ARTS
    ON FILE
    ON FILE,OR97075     		    CREATIVE WRITERS IN SCHOOL 5,000
    LOOKING GLASS YOUTH AND FAMILY SERV
    ON FILE
    ON FILE,OR97075     		    CENTER FOR GETTING BETTER CAPITAL CA 50,000
    LOWER COLUMBIA ESTUARY PARTNERSHIP
    ON FILE
    ON FILE,OR97075     		    SANDY RIVER DELTA STREAMSIDE STEWARD 5,000
    MACDONALD CENTER
    ON FILE
    ON FILE,OR97075     		    DBA MAYBELLE CENTER FOR COMMUNITY SU 5,000
    MAKE-A-WISH FOUNDATION
    ON FILE
    ON FILE,OR97075     		    FBO WISHING ON A WOD - ANGEL 10,000
    MAPLETON FOOD SHARE
    ON FILE
    ON FILE,OR97075     		    PURCHASE COMMERCIAL 3 DOOR REFRIGERA 3,500
    MEDICAL TEAMS INTERNATIONAL
    ON FILE
    ON FILE,OR97075     		    STATEWIDE MOBILE DENTAL PROGRAM 25,000
    METROPOLITIAN YOUTH SYMPHONY
    ON FILE
    ON FILE,OR97075     		    MUSIC ACCESS AND EQUITY PROGRAM 5,000
    MIKE PROJECT
    ON FILE
    ON FILE,OR97075     		    IMPROVING HEALTH EQUITY THROUGH HEAL 5,000
    MORRISON CHILD AND FAMILY SERVICES
    ON FILE
    ON FILE,OR97075     		    YOUTH CENTER CONSTRUCTION AT MORRISO 25,000
    MT HOOD KIWANIS CAMP
    ON FILE
    ON FILE,OR97075     		    EMERGENCY GENERATOR FOR MEDICALLY FR 5,000
    NEIGHBORS FOR KIDS
    ON FILE
    ON FILE,OR97075     		    FAMILY AND COMMUNITY SUPPORT PROJECT 10,000
    NEW AVENUES FOR YOUTH
    ON FILE
    ON FILE,OR97075     		    GED PREPARATION AND WRAP AROUND SUPP 22,500
    OPEN SCHOOL (WAS OPEN MEADOW)
    ON FILE
    ON FILE,OR97075     		    STEP UP - PATHWAYS TO POST SECONDARY 40,000
    OPPORTUNITIES KITCHEN
    ON FILE
    ON FILE,OR97075     		    PROGRAM GRANT 5,000
    OREGON BALLET THEATRE
    ON FILE
    ON FILE,OR97075     		    SHARE THE WONDER DANCE EDUCATION AND 5,000
    OREGON CASA NETWORK
    ON FILE
    ON FILE,OR97075     		    DATA CAPACITY BUILDING PROJECT - STA 10,000
    OREGON CHILDREN'S THEATRE
    ON FILE
    ON FILE,OR97075     		    THEATRE FOR ALL 15,000
    OREGON COAST AQUARIUM
    ON FILE
    ON FILE,OR97075     		    EDUCATION PROGRAMS AND INTERPRETATIO 25,000
    OREGON COAST COUNCIL FOR THE ARTS
    ON FILE
    ON FILE,OR97075     		    CAPITAL CAMPAIGN - ENHANCE THE NEWPO 50,000
    OREGON JEWISH MUSEUM
    ON FILE
    ON FILE,OR97075     		    TO BEAR WITNESS - EXTRAORDINARY LIVE 20,000
    OREGON STATE UNIVERSITY FOUNDATION
    ON FILE
    ON FILE,OR97075     		    IMPROVING SMILES MIDDLE SCHOOL PROGR 10,000
    OREGON SYMPHONY
    ON FILE
    ON FILE,OR97075     		    ENRICHING LIFES THROUGH MUSIC - GENE 30,000
    OUR HOUSE
    ON FILE
    ON FILE,OR97075     		    ESTHER'S PANTRY CAPACITY EXPANSION 5,000
    PARK ACADEMY
    ON FILE
    ON FILE,OR97075     		    DISCRETIONARY ANGEL GIFT 5,000
    PARROTT CREEK CHILD AND FAMILY SERV
    ON FILE
    ON FILE,OR97075     		    EDCUATION ENHANCEMENT FOR TEENS IN T 6,000
    PCC FOUNDATION
    ON FILE
    ON FILE,OR97075     		    EXPERIENCE MUSIC AT ROCK CREEK PROJE 5,000
    PDX OPPORTUNITIES INDUSTRIALIZATION
    ON FILE
    ON FILE,OR97075     		    PROGRAM AT ROSEMARY ANDERSON ALTERNA 10,000
    PEAR
    ON FILE
    ON FILE,OR97075     		    PEAR WORKS JOB TRAINING PROGRAM 50,000
    PERIOD
    ON FILE
    ON FILE,OR97075     		    PROJECT EXPANSION 5,000
    PETER BRITT GARDENS MUSIC AND ARTS
    ON FILE
    ON FILE,OR97075     		    2019 BRITT FESTIVAL ORCHESTRA SUMMER 10,000
    PLAYA
    ON FILE
    ON FILE,OR97075     		    IN CLASSROOM AND ON-SITE YOUTH ARTS 5,500
    PORTLAND ART MUSEUM
    ON FILE
    ON FILE,OR97075     		    EDUCATION PROGRAMS 25,000
    PORTLAND COMMUNITY COLLEGE FOUNDATI
    ON FILE
    ON FILE,OR97075     		    M5 SCHOLARSHIP FBO ALOHA HS 2019 SEN 10,000
    PORTLAND INSTITUTE FOR CONTEMPORARY
    ON FILE
    ON FILE,OR97075     		    PICA YOUTH ENGAGEMENT SUPPORT 5,000
    PORTLAND PARKS FOUNDATION
    ON FILE
    ON FILE,OR97075     		    BRIDGE OVER BURNSIDE SUPPORT 50,000
    PORTLAND YOUTH PHILHARMONIC ASSOCIA
    ON FILE
    ON FILE,OR97075     		    YOUTH MUSIC EDUCATION PROGRAMS 5,000
    PROJECT LEMONADE
    ON FILE
    ON FILE,OR97075     		    JUNIOR BOARD INVESTMENT - VOLUNTEER 10,000
    PSU FOUNDATION
    ON FILE
    ON FILE,OR97075     		    OREGON STEM SUCCESS 6,000
    QUAD INC
    ON FILE
    ON FILE,OR97075     		    QUADRIPLEGICS UNITED AGAINST DEPENDE 2,000
    RAPHAEL HOUSE
    ON FILE
    ON FILE,OR97075     		    GENERAL OPERATING 12,000
    READING RESULTS
    ON FILE
    ON FILE,OR97075     		    READ TO SUCCEED - ACCESS FOR ALL 12,000
    REAP INC
    ON FILE
    ON FILE,OR97075     		    MIDDLE SCHOOL SUCCESS PROJECT 25,000
    REBUILDING TOGETHER - WASHINGTON CO
    ON FILE
    ON FILE,OR97075     		    CRITICAL REPAIR PROGRAM FOR SENIORS 3,500
    ROGUE RIVER WATERSHED COUNCIL
    ON FILE
    ON FILE,OR97075     		    BEAR CREEK RIPARIAN AND WATER QUALIT 12,499
    RONALD MCDONALS CHARITIES
    ON FILE
    ON FILE,OR97075     		    MEALS FROM THE HEART 25,000
    ROSE HAVEN CIC
    ON FILE
    ON FILE,OR97075     		    GENERAL OPERATING - ADVOCACY PROGRAM 12,000
    ROSS RAGLAND THEATER
    ON FILE
    ON FILE,OR97075     		    ARTS EDUCATION OUTREACH PROGRAM 10,000
    RURAL DEVELOPMENT INITIATIVES
    ON FILE
    ON FILE,OR97075     		    RURAL ENTREPRENEURIAL ECOSYSTEM SUPP 10,000
    RURAL DEVELOPMENT INITIATIVES
    ON FILE
    ON FILE,OR97075     		    SCI - SPRUCE UP WARRENTON PARTICIPAN 90
    SALEM ARTS ASSOCIATION
    ON FILE
    ON FILE,OR97075     		    ARTS AND HISTORY IMMERSION PROGRAM 6,000
    SCHOOL GARDEN PROJECT OF LANE COUN
    ON FILE
    ON FILE,OR97075     		    SCIENCE IN THE GARDEN 2,000
    SCHOOLHOUSE SUPPLIES
    ON FILE
    ON FILE,OR97075     		    TEACHER STORE SUPORT - EAST COUNTY E 10,000
    SOROPTIMIST INTL OF WALLOWA COUNTY
    ON FILE
    ON FILE,OR97075     		    COMMUNITY HALL RENOVATION - 100 YEAR 10,000
    SOURCE ONE SERENITY
    ON FILE
    ON FILE,OR97075     		    SOCIAL ENTERPRISE: RECYCLING WITH WO 5,000
    SOUTHERN OREGON UNIVERSITY FOUNDATI
    ON FILE
    ON FILE,OR97075     		    RENOVATION OF THE UNIVERSITY'S CAMPB 10,000
    SOUTHERN WASCO COUNTY LIBRARY - MAU
    ON FILE
    ON FILE,OR97075     		    BUILDING THE COMMUNITY LIBRARY 50,000
    SPRUCE UP WARRENTON
    ON FILE
    ON FILE,OR97075     		    SCI 2019 - YEAR 1 10,000
    ST VINCENT DE PAUL - MYRTLE CREEK
    ON FILE
    ON FILE,OR97075     		    FOOD RESOURCES FOR UNDERSERVED FAMIL 2,000
    TAKE ACTION INC
    ON FILE
    ON FILE,OR97075     		    WEEKEND BACKPACK PROGRAM FOR UNDERSE 5,000
    THE ARTBACK
    ON FILE
    ON FILE,OR97075     		    THE LONGHOUSE MURAL REDUX 4,000
    THE BLUEPRINT FOUNDATION
    ON FILE
    ON FILE,OR97075     		    GROUNDING WATERS ENVIRONMENTAL SCIEN 20,000
    THE CURRICULUM OF CUISINE
    ON FILE
    ON FILE,OR97075     		    SERVING UP FOOD JUSTICE AT ALLIANCE 2,500
    THE FRIENDLY KITCHEN- MOW OF ROSEBU
    ON FILE
    ON FILE,OR97075     		    GENERAL OPERATING SUPPORT 10,000
    THE GEEZER GALLERY
    ON FILE
    ON FILE,OR97075     		    CAPTURING TIME FOR LOW-INCOME SENIOR 5,000
    THE LIBRARY FOUNDATION
    ON FILE
    ON FILE,OR97075     		    BOOKS 2U FOR 3RD TO 5TH GRADERS 4,000
    THE NATURE CONSERVANCY OREGON CHAP
    ON FILE
    ON FILE,OR97075     		    BUILDING THE OREGON CONSERVATION CEN 25,000
    THE PORTLAND BALLET
    ON FILE
    ON FILE,OR97075     		    OUTREACH PROGRAMS 5,000
    THE SHADOW PROJECT
    ON FILE
    ON FILE,OR97075     		    FOSTERING SUCCESS IN SPECIAL EDUCATI 10,000
    THE TUALATIN QUARTERBACK CLUB
    ON FILE
    ON FILE,OR97075     		    ANGEL GIFT 5,000
    THE WOLF PACK MAT CLUB
    ON FILE
    ON FILE,OR97075     		    ANGEL GIFT 5,000
    TILLAMOOK BAY COMMUNITY COLLEGE FOU
    ON FILE
    ON FILE,OR97075     		    MANUFACTURING AND INDUSTRIAL TECHNOL 21,155
    TOWER THEATRE FOUNDATION
    ON FILE
    ON FILE,OR97075     		    PERFORMING LIVE ARTS NOW PROJECT - L 5,000
    UNION GOSPEL MISSION OF SALEM
    ON FILE
    ON FILE,OR97075     		    SIMONKA PLACE FOR WOMEN AND CHILDREN 6,000
    UPPER DESCHUTES WATERSHED COUNCIL
    ON FILE
    ON FILE,OR97075     		    STUDENT STEWARDSHIP PROJECTS 30,660
    URBAN GLEANERS
    ON FILE
    ON FILE,OR97075     		    FEEDING HUNGRY KIDS IN WASHINGTON C 12,000
    VOLUNTEERS OF AMERICA
    ON FILE
    ON FILE,OR97075     		    LAMBERT HOUSE SUPPORT 5,000
    WESTERN RIVERS CONSERVANCY
    ON FILE
    ON FILE,OR97075     		    JOHN DAY RIVER - CONSERVING HABITAT 10,000
    WHEEL TO WALK FOUNDATION
    ON FILE
    ON FILE,OR97075     		    DIRECT PURCHASE SUPPORT FOR EQUIPMEN 5,000
    WILLIAM TEMPLE HOUSE
    ON FILE
    ON FILE,OR97075     		    CHILDREN'S CLOTHING CLOSET SUPPORT 5,000
    WORLD OF SPEED
    ON FILE
    ON FILE,OR97075     		    ENHANCING CTE PROGRAMS AT WORLD OF S 25,000
    YAMHILL COMMUNITY ACTION PARTNERSHI
    ON FILE
    ON FILE,OR97075     		    HARVEST TO HOME PROJECT 5,000
    YOUNG AUDIENCES OF OREGON
    ON FILE
    ON FILE,OR97075     		    ARTS IN EDUCATION PROGRAM 6,000
    YOUTH VILLAGES
    ON FILE
    ON FILE,OR97075     		    LIFE SET 10,000
    YWCA OF GREATER PORTLAND
    ON FILE
    ON FILE,OR97075     		    FAMILY PRESERVATION PROJECT 30,000
    Total .................................bullet 3a 1,967,597
    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 ...........     		    14 336  
    4 Dividends and interest from securities....     14 1,433,873  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    14 80,194 836,307
    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)..   1,514,403 836,307
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,350,710
    (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


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    Form 990PF - Special Condition Description:
    Special Condition Description