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
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
TRUETTNER FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 247
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CRESTED BUTTE, CO81224
A Employer identification number

36-3499982
B Telephone number (see instructions)

(970) 349-5883
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$10,088,130J 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) 1,300,000
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 29,823 29,823  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,604,587
b Gross sales price for all assets on line 6a 3,761,217
7 Capital gain net income (from Part IV, line 2)... 2,604,587
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........ 3,934,410 2,634,410  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 6,000 0   0
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 7,260 0   7,260
c Other professional fees (attach schedule).... Click to see attachment 17,703 17,703   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 12,529 0   0
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 14 0   14
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 43,506 17,703   7,274
25 Contributions, gifts, grants paid....... 269,350 269,350
26 Total expenses and disbursements. Add lines 24 and 25 312,856 17,703   276,624
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 3,621,554
b Net investment income (if negative, enter -0-) 2,616,707
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
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............. 26,669 56,515 56,515
2 Savings and temporary cash investments......... 1,342,106 4,661,075 4,661,075
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)....... 2,590,535 Click to see attachment2,863,274 5,370,540
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)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,959,310 7,580,864 10,088,130
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 3,959,310 7,580,864
29 Total net assets or fund balances (see instructions)..... 3,959,310 7,580,864
30 Total liabilities and net assets/fund balances (see instructions). 3,959,310 7,580,864
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
3,959,310
2
Enter amount from Part I, line 27a .....................
2
3,621,554
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
7,580,864
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
7,580,864
Form 990-PF (2020)
Form 990-PF (2020)
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 32600 SHS GRIFOLS SA   2002-12-26 2020-12-16
b 1000 SHS ADOBE SYSTEMS INC   2015-06-24 2020-12-15
c 10000 SHS FASTENAL CO   1989-04-19 2020-12-15
d 1100 SHS IDEXX LABORATORIES INC   2005-07-29 2020-12-15
e 1000 SHS TRANSDIGM GROUP INC   2009-11-20 2020-12-15
875 SHS SLACK TECHNOLOGIES INC   2020-05-08 2020-12-04
875 SHS SLACK TECHNOLOGIES INC   2020-05-08 2020-12-02
440 SHS VONTIER ORD   2016-12-22 2020-10-29
500 SHS WEX INC   2011-01-11 2020-10-27
75000 SHS US TREASURY 1.625% 10/15/20   2019-08-26 2020-10-19
250 SHS COUPA SOFTWARE INC COM   2020-05-04 2020-09-15
200 SHS DOCUSIGN INC   2020-02-27 2020-09-11
200 SHS SALESFORCE.COM INC   2016-10-05 2020-09-11
10000 SHS SPDR PORTFOLIO AGGREGATE BOND ETF   2018-08-30 2020-03-23
12000 SHS SPDR PORTFOLIO SHORT TERM CORPORATE BOND ETF   2018-09-21 2020-03-23
2200 SHS GLACIER BANCORP INC   2017-11-02 2020-03-19
(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 623,511   68,277 555,234
b 474,410   84,312 390,098
c 495,551   1,847 493,704
d 500,093   22,192 477,901
e 602,752     602,752
37,793   27,139 10,654
37,078   27,139 9,939
12,679   8,913 3,766
74,091   25,644 48,447
75,000   74,936 64
60,895   44,056 16,839
42,390   16,996 25,394
49,816   13,553 36,263
275,115   287,720 -12,605
332,563   366,310 -33,747
67,480   87,596 -20,116
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       555,234
b       390,098
c       493,704
d       477,901
e       602,752
      10,654
      9,939
      3,766
      48,447
      64
      16,839
      25,394
      36,263
      -12,605
      -33,747
      -20,116
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 2,604,587
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
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
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 for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 36,372
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 36,372
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 36,372
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 8,240
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 8,240
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 28,132
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet   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 the instructions
for the 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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
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)
    bulletIL
    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 2020 or the taxable year beginning in 2020? 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 (2020)
    Form 990-PF (2020)
    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 addressbulletNONE
    14
    The books are in care ofbulletW JAMES TRUETTNER III Telephone no.bullet (970) 349-5883

    Located atbulletPO BOX 247CRESTED BUTTECO ZIP+4bullet81224
    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 2020, 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 2020?.............
    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 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    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 2020 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 2020.)..................
    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 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    W JAMES TRUETTNER JR PRESIDENT
    5.00     		2,000 0 0
    PO BOX 247
    CRESTED BUTTE,CO81224
    W JAMES TRUETTNER III SECRETARY-TREASURER
    5.00     		2,000 0 0
    PO BOX 247
    CRESTED BUTTE,CO81224
    NANCY H TRUETTNER DIRECTOR
    2.00     		2,000 0 0
    PO BOX 247
    CRESTED BUTTE,CO81224
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    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.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 NONE 0
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    4,162,291
    b
    Average of monthly cash balances.......................
    1b
    1,636,534
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    5,798,825
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    5,798,825
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    86,982
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    5,711,843
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    285,592
    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
    285,592
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    36,372
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    36,372
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    249,220
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    249,220
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    249,220
    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
    276,624
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    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
    276,624
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    276,624
    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 (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 249,220
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017...... 19,111
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........ 19,111
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 276,624
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 249,220
    e Remaining amount distributed out of corpus 27,404
    5 Excess distributions carryover applied to 2020. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 46,515
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		46,515
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017.... 19,111
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020.... 27,404
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 2020, 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) 2020 (b) 2019 (c) 2018 (d) 2017
             
    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).)
    W JAMES TRUETTNER JR
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    ADAPTIVE SPORTS CENTER
    PO BOX 1639
    CRESTED BUTTE,CO81224     		N/A PUBLIC CHARITY GENERAL SUPPORT 1,000
    AMERICAN FARMLAND TRUST
    PO BOX 96982
    WASHINGTON DC,DC20077     		N/A PUBLIC CHARITY GENERAL SUPPORT 500
    AMERICAN RIVERS
    PO BOX 96158
    WASHINGTON DC,DC20077     		N/A PUBLIC CHARITY GENERAL SUPPORT 500
    BATTENKILL VALLEY HEALTH CENTER
    PO BOX 61
    ARLINGTON,VT05250     		N/A PUBLIC CHARITY GENERAL SUPPORT 1,500
    BOULDER JUNCTION PUBLIC LIBRARY
    PO BOX 9
    BOULDER JUNCTION,WI54512     		N/A PUBLIC CHARITY GENERAL SUPPORT 100
    BOULDER JUNCTION VOLUNTEER FIRE DEPT
    PO BOX 395
    BOULDER JUNCTION,WI54512     		N/A PUBLIC CHARITY GENERAL SUPPORT 1,500
    BUGLES ACROSS AMERICA NFP
    1824 S CUYLER AVE
    BERWYN,IL60402     		N/A PUBLIC CHARITY GENERAL SUPPORT 500
    BURR AND BURTON ACADEMY
    PO BOX 498
    MANCHESTER,VT05254     		N/A PUBLIC CHARITY EDUCATIONAL 2,000
    CAMP OKIZU
    824 COWAN ROAD
    BURLINGAME,CA94010     		N/A PUBLIC CHARITY GENERAL SUPPORT 2,500
    CAPITAL PUBLIC RADIO
    7055 FOLSOM BLVD
    SACRAMENTO,CA95826     		N/A   GENERAL SUPPORT 500
    CARLETON COLLEGE
    ONE NORTH COLLEGE STREET
    NORTHFIELD,MN55057     		N/A PUBLIC CHARITY EDUCATIONAL 500
    CASA DE AMMA
    27231 CALLE ARROYO
    SAN JUAN CAPISTRANO,CA92675     		N/A PUBLIC CHARITY GENERAL SUPPORT 1,000
    CLEVELAND CLINIC INDIAN RIVER FOUNDATION
    1000 37TH PL SUITE 101
    VERO BEACH,FL32960     		N/A PUBLIC CHARITY GENERAL SUPPORT 10,000
    COLORADO COLLEGE
    PO BOX 1117
    COLORADO SPRINGS,CO80901     		N/A PUBLIC CHARITY EDUCATIONAL 1,000
    COMMUNITY HOSPITAL OF MONTEREY PENINSULA
    40 RYAN COURT STE 200
    MONTEREY,CA93940     		N/A PUBLIC CHARITY GENERAL SUPPORT 1,000
    CRESTED BUTTE AVALANCHE CENTER
    PO BOX 2351
    CRESTED BUTTE,CO81224     		N/A PUBLIC CHARITY GENERAL SUPPORT 705
    CRESTED BUTTE COMMUNITY SCHOOL PTSA
    818 RED LADY AVE PO BOX 2723
    CRESTED BUTTE,CO81224     		N/A PUBLIC CHARITY GENERAL SUPPORT 750
    CRESTED BUTTE FIRE & EMS VOLUNTEER ASSN
    PO BOX 1576
    CRESTED BUTTE,CO81224     		N/A PUBLIC CHARITY GENERAL SUPPORT 2,000
    CRESTED BUTTE MOUNTAIN BIKE ASSOCIATION
    PO BOX 782
    CRESTED BUTTE,CO81224     		N/A PUBLIC CHARITY GENERAL SUPPORT 705
    CRESTED BUTTE MOUNTAIN THEATRE
    PO BOX 611
    CRESTED BUTTE,CO81224     		N/A PUBLIC CHARITY PERFORMING ARTS 250
    CRESTED BUTTE NORDIC CENTER
    PO BOX 1269
    CRESTED BUTTE,CO81224     		N/A PUBLIC CHARITY GENERAL SUPPORT 12,000
    CRESTED BUTTE SNOWSPORTS FOUNDATION
    PO BOX 56
    CRESTED BUTTE,CO81224     		N/A PUBLIC CHARITY GENERAL SUPPORT 500
    DAVID SHELDRICK WILDLIFE TRUST-USA
    25283 CABOT ROAD SUITE 101
    LAGUNA HILLS,CA92653     		N/A PUBLIC CHARITY GENERAL SUPPORT 5,000
    DENVER BOTANIC GARDENS
    909 YORK STREET
    DENVER,CO80206     		N/A PUBLIC CHARITY GENERAL SUPPORT 90
    DENVER EARTH RESOURCES LIBRARY
    730 17TH STREET SUITE B-1
    DENVER,CO80206     		N/A PUBLIC CHARITY GENERAL SUPPORT 1,000
    DENVER MUSEUM OF NATURE & SCIENCE
    PO BOX 17272
    DENVER,CO80217     		N/A PUBLIC CHARITY GENERAL SUPPORT 500
    DESIGN MUSEUM OF CHICAGO
    1917 N ELSTON
    CHICAGO,IL60642     		N/A PUBLIC CHARITY GENERAL SUPPORT 15,000
    DIABETES YOUTH FAMILIES
    5167 CLAYTON RD SUITE F
    CONCORD,CA94521     		N/A PUBLIC CHARITY GENERAL SUPPORT 2,000
    DOCTORS WITHOUT BORDERS
    PO BOX 5030
    HAGERSTOWN,MD21741     		N/A PUBLIC CHARITY GENERAL SUPPORT 1,500
    DORSET HISTORICAL SOCIETY
    PO BOX 52
    DORSET,VT05251     		N/A PUBLIC CHARITY GENERAL SUPPORT 250
    DORSET VILLAGE LIBRARY
    PO BOX 38
    DORSET,VT05251     		N/A PUBLIC CHARITY GENERAL SUPPORT 250
    EL DORADO COUNTY SEARCH AND RESCUE
    PO BOX 721
    PLACERVILLE,CA95667     		N/A GOVERNMENT GENERAL SUPPORT 1,000
    FOR GOODNESS CAKES
    2118 WILSHIRE BLVD 826
    SANTA MONICA,CA90403     		N/A PUBLIC CHARITY GENERAL SUPPORT 500
    FRIENDS OF HAPPY RETREAT
    PO BOX 1427
    CHARLESTOWN,WV25414     		N/A PUBLIC CHARITY GENERAL SUPPORT 3,000
    FRIENDS OF HILDENE
    PO BOX 377
    MANCHESTER,VT05254     		N/A PUBLIC CHARITY GENERAL SUPPORT 12,500
    GLOBALGIVING
    1110 VERMONT AVENUE NW SUITE 550
    WASHINGTON DC,DC20005     		N/A PUBLIC CHARITY GENERAL SUPPORT 5,000
    GREEN MOUNTAIN CLUB
    4711 WATERBURY-STOWE ROAD
    WATERBURY,VT05677     		N/A PUBLIC CHARITY GENERAL SUPPORT 1,000
    GUNNISON COUNTRY FOOD PANTRY
    PO BOX 7077
    GUNNISON,CO81230     		N/A PUBLIC CHARITY GENERAL SUPPORT 5,000
    GUNNISON VALLEY HEALTH FOUNDATION
    711 NORTH TAYLOR STREET
    GUNNISON,CO81230     		N/A PUBLIC CHARITY EDUCATIONAL 3,500
    H3O FOUNDATION
    2130 PAMPLONA CT
    ESCONDITO,CA92025     		N/A PUBLIC CHARITY GENERAL SUPPORT 3,000
    HEARTS LANDING RANCH
    8902 QUAIL LANE
    GRANITE BAY,CA95746     		N/A PUBLIC CHARITY GENERAL SUPPORT 1,000
    INDIAN RIVER LAND TRUST
    80 ROYAL PALM POINTE STE 301
    VERO BEACH,FL32960     		N/A PUBLIC CHARITY GENERAL SUPPORT 2,000
    JESUIT HIGH SCHOOL
    1200 JACOB LANE
    SACRAMENTO,CA95608     		N/A   GENERAL SUPPORT 5,000
    JOURNEY CARE
    2050 CLAIRE COURT
    GLENVIEW,IL60025     		N/A PUBLIC CHARITY GENERAL SUPPORT 1,000
    JUNIOR TENNIS FUND SACRAMENTO
    4013 ESPERANZA DRIVE
    SACRAMENTO,CA95864     		N/A PUBLIC CHARITY GENERAL SUPPORT 1,000
    KBUT-FM
    PO BOX 308
    CRESTED BUTTE,CO81224     		N/A PUBLIC CHARITY GENERAL SUPPORT 1,000
    KEEWAYDIN FOUNDATION
    500 RUSTIC LANE
    SALISBURY,VT05769     		N/A PUBLIC CHARITY GENERAL SUPPORT 1,000
    LAKE TAHOE COMMUNITY COLLEGE FOUNDATION
    ONE COLLEGE DRIVE
    SOUTH LAKE TAHOE,CA96150     		N/A PUBLIC CHARITY EDUCATIONAL 1,000
    LAKE VALLEY FIREFIGHTERS FOUNDATION
    2211 KEETAK STREET
    SOUTH LAKE TAHOE,CA96150     		N/A PUBLIC CHARITY GENERAL SUPPORT 1,000
    LEAGUE TO SAVE LAKE TAHOE
    2608 LAKE TAHOE BLVD
    SOUTH LAKE TAHOE,CA96150     		N/A PUBLIC CHARITY GENERAL SUPPORT 1,000
    LIVING JOURNEYS
    PO BOX 2024
    CRESTED BUTTE,CO81224     		N/A PUBLIC CHARITY GENERAL SUPPORT 1,500
    LIVING LANDS & WATERS
    17624 ROUTE 84 N E
    MOLINE,IL61244     		N/A PUBLIC CHARITY PRESERVATION OF ENVIRONMENT 6,000
    LUCILE PACKARD FOUNDATION
    400 HAMILTON AVE SUITE 340
    PALO ALTO,CA94301     		N/A PUBLIC CHARITY GENERAL SUPPORT 1,000
    MANITO ART LEAGUE
    PO BOX 298
    MANITOWISH WATERS,WI54545     		N/A PUBLIC CHARITY GENERAL SUPPORT 250
    MANITOWISH WATERS CHAMBER OF COMMERCE
    PO BOX 251
    MANITOWISH WATERS,WI54545     		N/A PUBLIC CHARITY GENERAL SUPPORT 250
    MARA ELEPHANT PROJECT
    4000 W 106TH STREET SUITE 125-238
    CARMEL,IN46032     		N/A PUBLIC CHARITY GENERAL SUPPORT 1,000
    MAX'S HELPING PAWS FOUNDATION
    451 CANYON DEL REY BLVD
    DEL RAY OAKS,CA93940     		N/A PUBLIC CHARITY GENERAL SUPPORT 1,000
    MAYO CLINIC
    200 FIRST STREET SW
    ROCHESTER,MN55905     		N/A PUBLIC CHARITY GENERAL SUPPORT 4,500
    MCKEE BOTANICAL GARDENS
    350 US HIGHWAY 1
    VERO BEACH,FL32962     		N/A PUBLIC CHARITY GENERAL SUPPORT 2,000
    MERCK FOREST & FARMLAND CENTER
    PO BOX 86
    RUPERT,VT05768     		N/A PUBLIC CHARITY GENERAL SUPPORT 1,000
    MONTEREY BAY AQUARIUM
    886 CANNERY ROW
    MONTEREY,CA93940     		N/A PUBLIC CHARITY GENERAL SUPPORT 2,000
    NATIONAL MS SOCIETY
    PO BOX 91891
    WASHINGTON DC,DC20090     		N/A PUBLIC CHARITY GENERAL SUPPORT 2,000
    NATIONAL PARK FOUNDATION
    1500 K STREET NW SUITE 700
    WASHINGTON DC,DC20005     		N/A PUBLIC CHARITY GENERAL SUPPORT 1,000
    NORTH LAKELAND DISCOVERY CENTER
    PO BOX 237
    MANITOWISH WATERS,WI54545     		N/A PUBLIC CHARITY GENERAL SUPPORT 1,000
    NORTHSHIRE RESCUE SQUAD
    PO BOX 26
    MANCHESTER CENTER,VT05255     		N/A PUBLIC CHARITY GENERAL SUPPORT 250
    NORTHWESTERN LAKE FOREST HOSPITAL
    660 N WESTMORELAND RD
    LAKE FOREST,IL60045     		N/A PUBLIC CHARITY GENERAL SUPPORT 1,000
    OBERLIN COLLEGE
    50 WEST LORAIN STREET
    OBERLIN,OH44074     		N/A PUBLIC CHARITY EDUCATIONAL 500
    OLD ELM SCHOLARSHIP FUND
    800 OLD ELM ROAD
    HIGHLAND PARK,IL60035     		N/A PUBLIC CHARITY GENERAL SUPPORT 2,500
    ORCA
    1420 SEAWAY DRIVE
    FORT PIERCE,FL34949     		N/A PUBLIC CHARITY GENERAL SUPPORT 7,000
    PARADISE ANIMAL WELFARE SOCIETY
    PO BOX 531
    CRESTED BUTTE,CO81224     		N/A PUBLIC CHARITY GENERAL SUPPORT 1,000
    PARKINSONS FOUNDATION
    1359 BROADWAY STE 1509
    NEW YORK,NY10018     		N/A PUBLIC CHARITY GENERAL SUPPORT 4,000
    PEACE OF MIND DOG RESCUE
    PO BOX 51554
    PACIFIC GROVE,CA93950     		N/A PUBLIC CHARITY GENERAL SUPPORT 2,000
    PLACER COUNTY SHERIFF COUNCIL
    6140 HORSESHOE BAR RD
    LOOMIS,CA95650     		N/A GOVERNMENT GENERAL SUPPORT 10,000
    PLACERGROWN
    11477 E AVENUE
    AUBURN,CA95603     		N/A PUBLIC CHARITY GENERAL SUPPORT 720
    RED ARROW CAMP FOUNDATION
    780 N WATER STREET
    MILWAUKEE,WI53202     		N/A PUBLIC CHARITY GENERAL SUPPORT 25,000
    RIVERSIDE THEATRE
    3250 RIVERSIDE PARK DR
    VERO BEACH,FL32963     		N/A PUBLIC CHARITY PERFORMING ARTS 3,000
    RUTLAND COUNTY HUMANE SOCIETY
    765 STEVENS ROAD
    PITTSFORD,VT05763     		N/A PUBLIC CHARITY GENERAL SUPPORT 1,000
    SANTA ELENA PROJECT OF ACCOMPANIMENT
    192 FOREST ST
    OBERLIN,OH44074     		N/A PUBLIC CHARITY GENERAL SUPPORT 1,000
    SIERRA STATE PARKS FOUNDATION
    PO BOX 28
    TAHOE CITY,CA96145     		N/A PUBLIC CHARITY GENERAL SUPPORT 500
    SMOKEY HOUSE CENTER
    426 DANBY MOUNTAIN ROAD
    DANBY,VT05739     		N/A PUBLIC CHARITY GENERAL SUPPORT 500
    SOUTH TAHOE CANCER LEAGUE
    PO BOX 179562
    SOUTH LAKE TAHOE,CA96151     		N/A PUBLIC CHARITY GENERAL SUPPORT 500
    SOUTHERN VERMONT ARTS CENTER INC
    PO BOX 617
    MANCHESTER,VT05254     		N/A PUBLIC CHARITY GENERAL SUPPORT 500
    SOUTHERN VERMONT MEDICAL CENTER
    100 HOSPITAL DRIVE SUITE 41
    BENNINGTON,VT05201     		N/A PUBLIC CHARITY GENERAL SUPPORT 2,500
    ST BALDRICK'S FOUNDATION
    1333 S MAYFLOWER AVENUE STE 400
    MONROVIA,CA91016     		N/A PUBLIC CHARITY GENERAL SUPPORT 500
    ST JUDE CHILDREN'S RESEARCH HOSPITAL
    PO BOX 1893
    MEMPHIS,TN38101     		N/A PUBLIC CHARITY GENERAL SUPPORT 2,000
    ST MARIA GORETTI CATHOLIC SCHOOL
    5405 FLAD AVENUE
    MADISON,WI53711     		N/A   GENERAL SUPPORT 500
    TAHOE ARTS PROJECT
    PO BOX 14281
    SOUTH LAKE TAHOE,CA96151     		N/A PUBLIC CHARITY GENERAL SUPPORT 500
    TAHOE COALITION FOR THE HOMELESS
    PO BOX 13514
    SOUTH LAKE TAHOE,CA96151     		N/A PUBLIC CHARITY GENERAL SUPPORT 2,000
    TAHOE WOMEN'S COMMUNITY FUND
    PO BOX 18069
    SOUTH LAKE TAHOE,CA96151     		N/A PUBLIC CHARITY GENERAL SUPPORT 13,000
    TAHOE YOUTH & FAMILY SERVICES
    1021 FREMONT AVENUE
    SOUTH LAKE TAHOE,CA96150     		N/A PUBLIC CHARITY GENERAL SUPPORT 2,000
    THE BOAT COMPANY
    1200 18TH ST NW STE 900
    WASHINGTON DC,DC20036     		N/A PUBLIC CHARITY GENERAL SUPPORT 1,000
    THE COMMUNITY FOOD CUPBOARD
    PO BOX 864
    MANCHESTER CENTER,VT05255     		N/A PUBLIC CHARITY GENERAL SUPPORT 2,000
    THE DORSET PLAYERS INC
    104 CHENEY ROAD
    DORSET,VT05251     		N/A PUBLIC CHARITY GENERAL SUPPORT 250
    THE LEUKEMIA & LYMPHOMA SOCIETY
    PO BOX 4072
    PITTSFIELD,MA01202     		N/A PUBLIC CHARITY GENERAL SUPPORT 5,000
    THE MARINE MAMMAL CENTER
    2000 BUNKER ROAD FORT CRONKHITE
    SAUSALITO,CA94965     		N/A PUBLIC CHARITY GENERAL SUPPORT 1,000
    THE MOORINGS EDUCATIONAL FUND
    100 HARBOUR DRIVE
    VERO BEACH,FL32963     		N/A PUBLIC CHARITY GENERAL SUPPORT 1,000
    THE MURER HOUSE FOUNDATION
    1975 WESLEY DR
    FOLSOM,CA95630     		N/A PUBLIC CHARITY GENERAL SUPPORT 1,000
    THE SPCA FOR MONTEREY COUNTY
    PO BOX 3058
    MONTEREY,CA93942     		N/A PUBLIC CHARITY GENERAL SUPPORT 3,000
    THE TAHOE FUND
    PO BOX 7124
    TAHOE CITY,CA96145     		N/A PUBLIC CHARITY GENERAL SUPPORT 3,280
    THE VERO BEACH DOG PARK
    505 BEACHLAND BLVD STE 1-124
    VERO BEACH,FL32963     		N/A PUBLIC CHARITY GENERAL SUPPORT 1,000
    THUNDERBIRD PRESERVATION SOCIETY
    PO BOX 6812
    INCLINE VILLAGE,NV89450     		N/A PUBLIC CHARITY GENERAL SUPPORT 2,000
    UC DAVIS FOUNDATION
    202 COUSTEAU PLACE STE 185
    DAVIS,CA95618     		N/A PUBLIC CHARITY GENERAL SUPPORT 1,000
    UC REGENTS
    1 SHIELDS AVE
    DAVIS,CA95616     		N/A PUBLIC CHARITY GENERAL SUPPORT 2,000
    UNION CONGREGATIONAL CHURCH
    PO BOX 726
    CRESTED BUTTE,CO81224     		N/A PUBLIC CHARITY GENERAL SUPPORT 1,000
    VERMONT FOODBANK
    33 PARKER ROAD WILSON INDUSTRIAL
    PARK
    BARRE,VT05641     		N/A PUBLIC CHARITY GENERAL SUPPORT 2,000
    VERMONT LAND TRUST
    8 BAILEY AVENUE
    MONTPELIER,VT05602     		N/A PUBLIC CHARITY GENERAL SUPPORT 5,000
    VERO BEACH MUSEUM OF ART
    3001 RIVERSIDE PARK DR
    VERO BEACH,FL32963     		N/A PUBLIC CHARITY GENERAL SUPPORT 1,500
    VNA & HOSPICE FOUNDATION-VERO BEACH
    1111 36TH STREET
    VERO BEACH,FL32960     		N/A PUBLIC CHARITY GENERAL SUPPORT 750
    WESTON PLAYHOUSE THEATRE COMPANY
    703 MAIN STREET
    WESTON,VT05161     		N/A PUBLIC CHARITY PERFORMING ARTS 250
    WETLANDS INITIATIVE
    53 WEST JACKSON BOULEVARD SUITE
    1015
    CHICAGO,IL60604     		N/A PUBLIC CHARITY RESTORATION OF WETLANDS 5,000
    WILLIAMS COLLEGE
    75 PARK STREET
    WILLIAMSTOWN,MA01267     		N/A PUBLIC CHARITY EDUCATIONAL 2,000
    WOLF HAVEN INTERNATIONAL
    3111 OFFUT LAKE RD SE
    TENINO,WA98589     		N/A PUBLIC CHARITY GENERAL SUPPORT 1,000
    WOUNDED WARRIOR PROJECT
    PO BOX 758517
    TOPEKA,KS66675     		N/A PUBLIC CHARITY GENERAL SUPPORT 1,500
    YOUNG AMERICA'S FOUNDATION
    PO BOX 2518
    SANTA BARBARA,CA93120     		N/A PUBLIC CHARITY GENERAL SUPPORT 1,000
    ZION EPISCOPAL CHURCH
    301 EAST CONGRESS ST
    CHARLES TOWN,WV25414     		N/A PUBLIC CHARITY GENERAL SUPPORT 250
    Total .................................bullet 3a 269,350
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 29,823  
    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 ............     		    18 2,604,587  
    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).. 0 2,634,410 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,634,410
    (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 (2020)
    Form 990-PF (2020)
    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 instructions.
    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 (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2020
    Name of the organization
    TRUETTNER FAMILY FOUNDATION
     
    Employer identification number

    36-3499982
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    TRUETTNER FAMILY FOUNDATION
          		Employer identification number
    36-3499982
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    W JAMES TRUETTNER JR
    1065 WINDING RIVER ROAD
     
    VERO BEACH, FL32963

    		$ 1,300,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    TRUETTNER FAMILY FOUNDATION
          		Employer identification number

    36-3499982
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    TRUETTNER FAMILY FOUNDATION
          		Employer identification number

    36-3499982
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2020 AccountingFeesSchedule
    Name:
    TRUETTNER FAMILY FOUNDATION
    EIN:
    36-3499982
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 6,930 0   6,930
    LEGAL FEES 330 0   330

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    TRUETTNER FAMILY FOUNDATION
    EIN:
    36-3499982
    Name of Stock End of Year Book Value End of Year Fair Market Value
    VARIOUS INVESTMENTS 2,863,274 5,370,540

    TY 2020 OtherExpensesSchedule
    Name:
    TRUETTNER FAMILY FOUNDATION
    EIN:
    36-3499982
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FILING FEE 14 0   14


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    TRUETTNER FAMILY FOUNDATION
    EIN:
    36-3499982
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT COUNSELING 17,703 17,703   0


    TY 2020 TaxesSchedule
    Name:
    TRUETTNER FAMILY FOUNDATION
    EIN:
    36-3499982
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL TAXES 12,529 0   0