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
LILA DRAPER BURTON TRUST UW XXXXX1003
 
Number and street (or P.O. box number if mail is not delivered to street address)10 S DEARBORN IL1-0111
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL60603
A Employer identification number

39-6146782
B Telephone number (see instructions)

(800) 496-2583
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$2,022,387J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 39,927 39,927  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 50,135
b Gross sales price for all assets on line 6a 744,372
7 Capital gain net income (from Part IV, line 2)... 50,135
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 90,062 90,062  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 26,296 15,000   11,296
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,207 942   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 27,503 15,942 0 11,296
25 Contributions, gifts, grants paid....... 79,080 79,080
26 Total expenses and disbursements. Add lines 24 and 25 106,583 15,942 0 90,376
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -16,521
b Net investment income (if negative, enter -0-) 74,120
c Adjusted net income (if negative, enter -0-)... 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............. 21,568 14,990 14,990
2 Savings and temporary cash investments......... 24,922 32,002 32,002
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 1,028,833 Click to see attachment980,201 1,537,075
c Investments—corporate bonds (attach schedule)....... 300,108 Click to see attachment331,345 348,061
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 89,412 Click to see attachment89,394 90,259
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) 1,464,843 1,447,932 2,022,387
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 1,464,843 1,447,932
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)..... 1,464,843 1,447,932
30 Total liabilities and net assets/fund balances (see instructions). 1,464,843 1,447,932
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
1,464,843
2
Enter amount from Part I, line 27a .....................
2
-16,521
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
3,138
4
Add lines 1, 2, and 3 ..........................
4
1,451,460
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
3,528
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
1,447,932
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 . AMERICAN INTL GROUP INC     2020-01-02
b 763.33 CRM LNG/SHRT OPPORT-INST     2020-01-09
c 940.024 CRM LNG/SHRT OPPORT-INST   2016-08-18 2020-01-16
d 934.797 EQUINOX IMP SYSTEM MACRO-I   2018-11-13 2020-01-16
e 485.032 AMER FNDS INTL VNTG-F3   2013-08-02 2020-01-31
304. ISHARES MSCI JAPAN ETF     2020-02-18
322.617 JPM US L/C CORE PL FD - USD - R6 ISIN US48129C6030   2007-04-10 2020-02-18
201.437 MFS INTL INTRINSIC VALUE-R6   2012-08-06 2020-02-18
148. JPM BTABLDRS DEV ASIA X-JPN   2019-12-20 2020-03-10
12. JPM BTABLDRS DEV ASIA X-JPN   2018-12-20 2020-03-10
131. JPM BTABLDRS DEV ASIA X-JPN   2018-12-20 2020-03-10
489. JPMORGAN BETABUILDERS JAPAN ETF     2020-03-10
410. JPMORGAN BETABUILDERS JAPAN ETF     2020-03-10
824. JPMORGAN BETABUILDERS EUROPE ETF     2020-03-10
678. JPMORGAN BETABUILDERS EUROPE ETF     2020-03-10
395.015 FIDELITY 500 INDEX-INST PRM   2020-03-10 2020-03-16
277.062 FIDELITY 500 INDEX-INST PRM     2020-03-16
121.038 FIDELITY INTL INDX-INST PRM   2019-12-20 2020-03-18
31. ISHARES TR 7-10 YR TREAS INDEX FD   2019-02-14 2020-04-27
458. ISHARES US TREASURY BOND ETF   2020-03-10 2020-04-27
445. ISHARES MISCI EAFE INDEX FUND     2020-04-29
136. ISHARES TR 7-10 YR TREAS INDEX FD     2020-05-07
327.905 AMER FNDS INTL VNTG-F3   2013-08-02 2020-05-15
5803.433 JPM GL RES ENH IDX FD - USD - R6 ISIN US48129C2070     2020-05-28
1310.032 BLACKSTONE ALT MULTI-STRAT-Y   2019-06-14 2020-06-01
110.407 FIDELITY 500 INDEX-INST PRM   2020-05-28 2020-06-10
822.298 SIX CIRCLES US UNCONSTR EQ   2020-02-19 2020-06-10
580.539 SIX CIRCLES US UNCONSTR EQ   2019-04-10 2020-06-10
201.492 BLACKROCK EVNT DRVN EQ-INST   2019-12-09 2020-06-26
189.158 BLACKSTONE ALT MULTI-STRAT-Y   2019-06-14 2020-06-26
980.282 AMER FNDS INTL VNTG-F3   2013-08-02 2020-06-26
22. ISHARES TR 20+ TREAS INDEX FD   2019-09-24 2020-06-26
210.43 JPM US L/C CORE PL FD - USD - R6 ISIN US48129C6030   2007-04-10 2020-06-26
526.067 JPMORGAN CORE BOND FUND ULTRA   2015-06-30 2020-06-26
125.524 NEUBERGER BERMAN LONG SH-INS   2020-01-16 2020-06-26
382.367 VANGUARD TTL INTL BND-ADM   2019-09-24 2020-06-26
177.775 FIDELITY 500 INDEX-INST PRM   2020-05-28 2020-08-17
2570.89 JPMORGAN CORE BOND FUND ULTRA     2020-08-17
463.805 VANGUARD TTL INTL BND-ADM     2020-08-17
1498.478 JPMORGAN CORE BOND FUND ULTRA     2020-09-21
124.939 VANGUARD TTL INTL BND-ADM   2019-12-20 2020-09-21
1508.223 VANGUARD TTL INTL BND-ADM   2018-07-17 2020-09-21
307.63 AMER FNDS INTL VNTG-F3   2013-08-02 2020-09-25
92.837 FIDELITY 500 INDEX-INST PRM   2020-09-21 2020-10-21
327. JPMORGAN BETABUILDERS EUROPE ETF   2020-06-10 2020-10-21
432. JPMORGAN BETABUILDERS EUROPE ETF   2020-06-10 2020-10-21
1523.344 JPMORGAN CORE BOND FUND ULTRA   2018-10-02 2020-11-02
1763.642 SIX CIRCLES ULTR SHRT DUR   2018-10-16 2020-11-02
1651.65 VANGUARD TTL INTL BND-ADM     2020-11-02
6469.118 PGIM HIGH YIELD-Q   2020-03-30 2020-11-09
839. JPMORGAN BETABUILDERS EUROPE ETF     2020-12-16
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 15     15
b 7,702   7,648 54
c 9,438   9,400 38
d 9,189   9,460 -271
e 6,902   5,408 1,494
17,494   18,976 -1,482
8,630   6,513 2,117
9,260   5,218 4,042
3,302   3,842 -540
268   272 -4
2,920   2,965 -45
10,363   10,867 -504
8,672   8,987 -315
17,584   17,593 -9
14,492   14,429 63
32,834   39,620 -6,786
23,029   26,388 -3,359
3,527   5,178 -1,651
3,766   3,240 526
12,842   12,718 124
25,705   26,542 -837
16,580   14,214 2,366
4,148   3,656 492
113,747   96,415 17,332
12,406   14,083 -1,677
12,253   11,629 624
9,563   9,662 -99
6,752   5,962 790
1,956   2,007 -51
1,837   2,033 -196
13,685   10,930 2,755
3,630   3,155 475
5,156   4,248 908
6,513   6,134 379
1,895   1,888 7
8,829   9,005 -176
20,885   18,725 2,160
32,059   29,725 2,334
10,751   10,789 -38
18,701   16,999 1,702
2,909   2,829 80
35,111   33,106 2,005
4,556   3,430 1,126
11,068   10,600 468
7,586   7,510 76
10,036   9,921 115
18,859   17,046 1,813
17,707   17,656 51
38,533   36,190 2,343
35,192   30,275 4,917
22,039   19,151 2,888
      11,496
      11,496
      11,496
      11,496
      11,496
      11,496
      11,496
      11,496
      11,496
      11,496
      11,496
      11,496
      11,496
      11,496
      11,496
      11,496
      11,496
      11,496
      11,496
      11,496
      11,496
      11,496
      11,496
      11,496
      11,496
      11,496
      11,496
      11,496
      11,496
      11,496
      11,496
      11,496
      11,496
      11,496
      11,496
      11,496
      11,496
      11,496
      11,496
      11,496
      11,496
      11,496
      11,496
      11,496
      11,496
      11,496
      11,496
      11,496
      11,496
      11,496
      11,496
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       15
b       54
c       38
d       -271
e       1,494
      -1,482
      2,117
      4,042
      -540
      -4
      -45
      -504
      -315
      -9
      63
      -6,786
      -3,359
      -1,651
      526
      124
      -837
      2,366
      492
      17,332
      -1,677
      624
      -99
      790
      -51
      -196
      2,755
      475
      908
      379
      7
      -176
      2,160
      2,334
      -38
      1,702
      80
      2,005
      1,126
      468
      76
      115
      1,813
      51
      2,343
      4,917
      2,888
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 50,135
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 1,030
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 1,030
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 1,030
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 1,056
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  
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,056
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 26
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet26 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See 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$   (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)
    bulletWI
    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 addressbullet  
    14
    The books are in care ofbulletJP MORGAN CHASE BANK NA Telephone no.bullet (800) 496-2583

    Located atbullet10 S DEARBORN ST MC IL 1-0111CHICAGOIL ZIP+4bullet60603
    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
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 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
     
    No
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    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
    JP MORGAN CHASE BANK N A TRUSTEE
    2     		26,296    
    10 S DEARBORN STMC IL 1-0111
    CHICAGO,IL606032300
    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  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    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
    1,776,996
    b
    Average of monthly cash balances.......................
    1b
    35,383
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,812,379
    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
    1,812,379
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    27,186
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,785,193
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    89,260
    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
    89,260
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    1,030
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,030
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    88,230
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    88,230
    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
    88,230
    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
    90,376
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    90,376
    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
    90,376
    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 88,230
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 78,342
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 0
    b From 2016...... 0
    c From 2017...... 0
    d From 2018...... 0
    e From 2019...... 0
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 90,376
    a Applied to 2019, but not more than line 2a 78,342
    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..... 12,034
    e Remaining amount distributed out of corpus 0
    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 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 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 ..........     		76,196
    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 ......     		0
    10 Analysis of line 9:
    a Excess from 2016.... 0
    b Excess from 2017.... 0
    c Excess from 2018.... 0
    d Excess from 2019.... 0
    e Excess from 2020.... 0
    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).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    CAROL RUEKERT COORDINATOR WAUKESHA
    222 MAPLE AVE
    WAUKESHA,WI53186
    (262) 521-5809
    ACHIEVEMENT, 2) PERSONALITY, CHARACTER, 3) SCHOOL
    bThe form in which applications should be submitted and information and materials they should include:
    SEE HIGH SCHOOL GUIDANCE OFFICE FURTHER QUESTIONS SHOULD BE ADDRESSED TO CAROL RUEKERT, COORDINATOR, WAUKESHA SHOOL DISTRICT, 222 MAPLE AVE, WAUKESHA, WI 53186
    cAny submission deadlines:
    SEE HIGH SCHOOL GUIDANCE OFFICE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    LIMITED TO STUDENTS WHO ARE RESIDENTS OF WAUKESHA COUNTY, WI AND WHO ARE GRADUATES OF A WAUKESHA COUNTY PUBLIC OR PRIVATE HIGH SCHOOL CONSIDERATION WILL BE GIVEN TO ALL APPLICANTS BASED ON 1) SCHOLARSHIP
    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
    VICTORIA LOPEZ
    BRIGHAM YOUNG UNIVERSITY
    1450 N UNIVERSITY AVE
    PROVO,UT84604     		NONE I SCHOLARSHIP 1,200
    ALEC HAMILTON
    CARROLL UNIVERSITY
    100 N EAST AVE
    WAUKESHA,WI53186     		NONE I SCHOLARSHIP 1,080
    ANNA BANGLE
    CARROLL UNIVERSITY
    100 N EAST AVE
    WAUKESHA,WI53186     		NONE I SCHOLARSHIP 900
    JADA HOLZ
    CARROLL UNIVERSITY
    100 N EAST AVE
    WAUKESHA,WI53186     		NONE I SCHOLARSHIP 1,800
    KAITLYN PILO
    CARROLL UNIVERSITY
    100 N EAST AVE
    WAUKESHA,WI53186     		NONE I SCHOLARSHIP 900
    KAYLA CARDENAS
    CARROLL UNIVERSITY
    100 N EAST AVE
    WAUKESHA,WI53186     		NONE I SCHOLARSHIP 1,800
    MACKENZIE FINK
    CARROLL UNIVERSITY
    100 N EAST AVE
    WAUKESHA,WI53186     		NONE I SCHOLARSHIP 900
    MARY KUPSKY
    CARROLL UNIVERSITY
    100 N EAST AVE
    WAUKESHA,WI53186     		NONE I SCHOLARSHIP 600
    MEAGAN LOEWUS
    CARROLL UNIVERSITY
    100 N EAST AVE
    WAUKESHA,WI53186     		NONE I SCHOLARSHIP 1,800
    MICHAELA JOHNSON
    CARROLL UNIVERSITY
    100 N EAST AVE
    WAUKESHA,WI53186     		NONE I SCHOLARSHIP 900
    NATALIE HARTWIG
    CARROLL UNIVERSITY
    100 N EAST AVE
    WAUKESHA,WI53186     		NONE I SCHOLARSHIP 900
    CLAIRE LOUISE RHODE
    CARROLL UNIVERSITY
    100 N EAST AVE
    WAUKESHA,WI53186     		NONE I SCHOLARSHIP 900
    JORDAN RODRIGUES
    GEORGIA INSTITUTE OF TECHNOLOGY
    NORTH AVE NW
    ATLANTA,GA30332     		NONE I SCHOLARSHIP 1,200
    LAUREN BAUMHARDT
    LOYOLA UNIVERSITY
    1032 W SHERIDAN RD
    CHICAGO,IL60660     		NONE I SCHOLARSHIP 600
    MADISYN FAIRCHILD
    LOYOLA UNIVERSITY
    1032 W SHERIDAN RD
    CHICAGO,IL60660     		NONE I SCHOLARSHIP 600
    CAITLIN ALBA
    MARQUETTE UNIVERSITY
    1250 W WISCONSIN AVE
    MILWAUKEE,WI53233     		NONE I SCHOLARSHIP 1,200
    EMILY NADOLSKI
    MARQUETTE UNIVERSITY
    1250 W WISCONSIN AVE
    MILWAUKEE,WI53233     		NONE I SCHOLARSHIP 600
    JOSEPH BATCHER
    MILWAUKEE SCHOOL OF ENGINEERING
    1025 N BROADWAY
    MILWAUKEE,WI53202     		NONE I SCHOLARSHIP 600
    GRACE CHIALIVA
    RICE UNIVERSITY
    6100 MAIN ST
    HOUSTON,TX77005     		NONE I SCHOLARSHIP 1,200
    SAMUEL H KRAMER
    ST LOUIS UNIVERSITY
    1 N GRAND BLVD
    ST LOUIS,MO63103     		NONE I SCHOLARSHIP 1,200
    YUCHUN WANG
    STANFORD UNIVERSITY
    450 SERRA MALL
    STANFORD,CA94305     		NONE I SCHOLARSHIP 600
    SARAH HARTLEY
    TAYLOR UNIVERSITY
    236 W READE AVE
    UPLAND,IN46989     		NONE I SCHOLARSHIP 1,200
    ANDREW BIRSCHBACH
    UNIVERSITY OF MINNESOTA-TWIN CITIES
    100 CHURCH ST SE
    MINNEAPOLIS,MN55455     		NONE I SCHOLARSHIP 1,200
    ETHAN HELFENSTEIN
    UNIVERSITY OF MINNESOTA-TWIN CITIES
    100 CHURCH ST SE
    MINNEAPOLIS,MN55455     		NONE I SCHOLARSHIP 1,200
    MIRNESA HALILOVIC
    UNIVERSITY OF MINNESOTA-TWIN CITIES
    100 CHURCH ST SE
    MINNEAPOLIS,MN55455     		NONE I SCHOLARSHIP 1,200
    RILEY GRAINGER
    UNIVERSITY OF MINNESOTA-TWIN CITIES
    100 CHURCH ST SE
    MINNEAPOLIS,MN55455     		NONE I SCHOLARSHIP 1,200
    JESSICA BROCKWAY
    UNIVERSITY OF WISCONSIN - MADISON
    500 LINCOLN DR
    MADISON,WI53706     		NONE I SCHOLARSHIP 600
    AUSTIN KALTENBRUN
    UNIVERSITY OF WISCONSIN- MADISON
    500 LINCOLN DR
    MADISON,WI53706     		NONE I SCHOLARSHIP 1,200
    ELENI EGELSEER
    UNIVERSITY OF WISCONSIN- MADISON
    500 LINCOLN DR
    MADISON,WI53706     		NONE I SCHOLARSHIP 600
    GRAYSON COOLEY
    UNIVERSITY OF WISCONSIN- MADISON
    500 LINCOLN DR
    MADISON,WI53706     		NONE I SCHOLARSHIP 1,200
    KAYLA JANKE
    UNIVERSITY OF WISCONSIN- MADISON
    500 LINCOLN DR
    MADISON,WI53706     		NONE I SCHOLARSHIP 1,200
    MATTHEW TRAFTON
    UNIVERSITY OF WISCONSIN- MADISON
    500 LINCOLN DR
    MADISON,WI53706     		NONE I SCHOLARSHIP 600
    MICHAEL TANG
    UNIVERSITY OF WISCONSIN- MADISON
    500 LINCOLN DR
    MADISON,WI53706     		NONE I SCHOLARSHIP 1,200
    NOAH FETHERSTON
    UNIVERSITY OF WISCONSIN- MADISON
    500 LINCOLN DR
    MADISON,WI53706     		NONE I SCHOLARSHIP 600
    RACHEL BAKER
    UNIVERSITY OF WISCONSIN- MADISON
    500 LINCOLN DR
    MADISON,WI53706     		NONE I SCHOLARSHIP 600
    EMILY PAUKNER
    UNIVERSITY OF WISCONSIN- MILWAUKEE
    2200 E KENWOOD BLVD
    MILWAUKEE,WI53211     		NONE I SCHOLARSHIP 600
    DAVID ZASTROW
    UNIVERSITY OF WISCONSIN- PLATTEVILLE
    1 UNIVERSITY PLZ
    PLATTEVILLE,WI53818     		NONE I SCHOLARSHIP 1,200
    JAYDEN RAJNICEK
    UNIVERSITY OF WISCONSIN- WAUKESHA
    1500 N UNIVERSITY DR
    WAUKESHA,WI53188     		NONE I SCHOLARSHIP 1,200
    ERIC PASSLER
    UNIVERSITY OF WISCONSIN- WHITEWATER
    800 W MAIN ST
    WHITEWATER,WI53190     		NONE I SCHOLARSHIP 1,200
    LAURIE LAPP
    VANDERBILT UNIVERSITY
    211 KIRKLAND HALL
    NASHVILLE,TN37240     		NONE I SCHOLARSHIP 600
    VEDA BHADHARLA
    WASHINGTON UNIVERSITY
    ONE BROOKINGS DR
    ST LOUIS,MO63130     		NONE I SCHOLARSHIP 600
    ANIYA C SCHWOERER
    UNIVERSITY OF WISCONSIN - MADISON
    500 LINCOLN DR
    MADISON,WI53706     		NONE I SCHOLARSHIP 1,200
    BREANNA HOYT-GLENON
    UNIVERSITY OF WISCONSIN- MADISON
    500 LINCOLN DR
    MADISON,WI53706     		NONE I SCHOLARSHIP 1,200
    CATHERINE FRERES
    CARROLL UNIVERSITY
    100 N EAST AVE
    WAUKESHA,WI53186     		NONE I SCHOLARSHIP 1,800
    DEVIN BOROWSKI
    UNIVERSITY OF MINNESOTA-TWIN CITIES
    100 CHURCH ST SE
    MINNEAPOLIS,MN55455     		NONE I SCHOLARSHIP 1,200
    EVEREN WEGNER
    MILWAUKEE SCHOOL OF ENGINEERING
    1025 N BROADWAY
    MILWAUKEE,WI53202     		NONE I SCHOLARSHIP 1,200
    JONATHAN MICHAEL STROH
    DUKE UNIVERSITY
    ALUMNI DEVERLOPMENT RECORDS
    DURHAM,NC27708     		NONE I SCHOLARSHIP 1,200
    JOSEPH HRIBAR
    UNIVERSITY OF WISCONSIN - MADISON
    500 LINCOLN DR
    MADISON,WA53706     		NONE I SCHOLARSHIP 1,200
    SAVANNAH FISCHER
    UNIVERSITY OF WISCONSIN - MADISON
    500 LINCOLN DR
    MADISON,WI53706     		NONE I SCHOLARSHIP 1,200
    DELANIE JOHNSON
    UNIVERSITY OF WISCONSIN-LA CROSS
    1725 STATE ST
    LA CROSSE,WI54601     		NONE I SCHOLARSHIP 1,200
    JULIA KOLTON
    CARROLL UNIVERSITY
    100 N EAST AVE
    WAUKESHA,WI53186     		NONE I SCHOLARSHIP 1,800
    CHRISTIAN BRANTNER
    UNIVERSITY OF MINNESOTA-TWINCITIES
    202 MORRILL HALL
    Minneapolis,MN55455     		NONE I SCHOLARSHIP 1,200
    ASHLEY LABELLE
    CARROLL UNIVERSITY
    100 N EAST AVE
    WAUKESHA,WI53186     		NONE I SCHOLARSHIP 1,800
    CLARISSA OVE
    UNIVERSITY OF DAYTON
    300 COLLEGE PK
    Dayton,OH45469     		NONE I SCHOLARSHIP 1,200
    MAKAYLA MCINTYRE
    MARQUETTE UNIVERSITY
    CLARK HALL ROOM 341 530 N 16TH ST
    Milwaukee,WI53201     		NONE I SCHOLARSHIP 1,200
    DANIELLE HEWITT
    NORTHLAND COLLEGE
    1411 ELLIS AVENUE
    Ashland,WI54806     		NONE I SCHOLARSHIP 1,200
    MADELINE M THORSTAD
    ST NORBERT COLLEGE
    100 GRANT ST
    De Pere,WI54115     		NONE I SCHOLARSHIP 1,200
    SHALLE KRUCHOSKI
    UNIVERSITY OF MINNESOTA-TWINCITIES
    202 MORRILL HALL
    Minneapolis,MN55455     		NONE I SCHOLARSHIP 1,200
    MAKENNA KONKOL
    MARQUETTE UNIVERSITY
    CLARK HALL ROOM 341 530 N 16TH ST
    Milwaukee,WI53201     		NONE I SCHOLARSHIP 1,200
    NATALIE ARNDT
    CARROLL UNIVERSITY
    100 N EAST AVE
    WAUKESHA,WI53186     		NONE I SCHOLARSHIP 1,800
    ISABEL SZABLEWSKI
    CARROLL UNIVERSITY
    100 N EAST AVE
    WAUKESHA,WI53186     		NONE I SCHOLARSHIP 1,800
    NICHOLAS ANDERSEN
    UNIVERSITY OF WISCONSIN -WHITEWATER
    800 W MAIN ST
    Whitewater,WI53190     		NONE I SCHOLARSHIP 1,200
    MADELINE BRAUER
    UNIVERSITY OF WISCONSIN-MADISON
    500 LINCOLN DR
    MADISON,WI53706     		NONE I SCHOLARSHIP 1,200
    GABRIELLE ZUERN
    UNIVERSITY OF WISCONSIN-MADISON
    500 LINCOLN DR
    MADISON,WI53706     		NONE I SCHOLARSHIP 1,200
    ABIGAIL G DOWSE
    RICE UNIVERSITY
    6100 S MAIN
    HOUSTON,TX77005     		NONE I SCHOLARSHIP 1,200
    MIA E WOLFE
    RICE UNIVERSITY
    6100 S MAIN
    HOUSTON,TX77005     		NONE I SCHOLARSHIP 1,200
    CASSIDY NICHOLSON
    CARROLL UNIVERSITY
    100 N EAST AVE
    WAUKESHA,WI53186     		NONE I SCHOLARSHIP 1,800
    DILLON SMITH
    CARROLL UNIVERSITY
    100 N EAST AVE
    WAUKESHA,WI53186     		NONE I SCHOLARSHIP 1,800
    BRIANNA HICKS
    CARROLL UNIVERSITY
    100 N EAST AVE
    WAUKESHA,WI53186     		NONE I SCHOLARSHIP 1,800
    Total .................................bullet 3a 79,080
    bApproved for future payment
    Total .................................bullet 3b  
    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 39,927  
    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 50,135  
    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)..   90,062  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    90,062
    (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

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    LILA DRAPER BURTON TRUST UW XXXXX1003
    EIN:
    39-6146782
    Name of Bond End of Year Book Value End of Year Fair Market Value
    4812C0100 JPM CORE BOND FD - U 16,038 17,751
    92203J308 VANGUARD TTL INTL BN 33,436 35,908
    54401E143 LORD ABBETT SHRT DUR 35,204 35,798
    83002G108 SIX CIRCLES ULTRA SH    
    464287432 ISHARES 20+ YEAR TRE 34,909 35,647
    464287440 ISHARES 7-10 YEAR TR    
    54401E218 LORD ABBETT HIGH YIE 49,911 57,382
    74440Y884 PGIM HIGH YIELD-Q 16,931 19,933
    83002G702 SIX CIRCLES GLOBAL B 71,768 71,854
    83002G884 SIX CIRCLES CREDIT O 37,343 37,672
    92206C771 VANGUARD MORTGAGE-BA 17,956 17,951
    92206C870 VANGUARD INT-TERM CO 17,849 18,165

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    LILA DRAPER BURTON TRUST UW XXXXX1003
    EIN:
    39-6146782
    Name of Stock End of Year Book Value End of Year Fair Market Value
    464287465 ISHARES MSCI EAFE ET 89,603 120,311
    46434G822 ISHARES MSCI JAPAN E    
    78462F103 SPDR S&P 500 ETF TRU 315,364 722,336
    48129C207 JPM GL RES ENH IDX F    
    48129C603 JPM US L/C CORE PL F 10,401 12,458
    552746349 MFS INTL INTRINSIC V    
    315911750 FIDELITY 500 INDEX-I 87,449 111,541
    46641Q688 JPM BTABLDRS DEV ASI 18,123 22,595
    46641Q696 JPMORGAN BETABUILDER 54,218 59,885
    46641Q712 JPMORGAN BETABUILDER 52,237 64,344
    46641Q720 JPMORGAN BETABUILDER 16,372 20,034
    83002G306 SIX CIRCLES US UNCON 157,261 210,217
    83002G405 SIX CIRCLES INTL UNC 133,793 139,813
    14019V606 AMER FNDS INTL VNTG- 7,560 11,106
    315911727 FIDELITY INTL INDX-I    
    46434G103 ISHARES CORE MSCI EM 37,820 42,435

    TY 2020 InvestmentsOtherSchedule2
    Name:
    LILA DRAPER BURTON TRUST UW XXXXX1003
    EIN:
    39-6146782
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    12628J881 CRM LNG/SHRT OPPORT-      
    09257V508 BLACKSTONE ALT MULTI AT COST 37,590 35,835
    29446A710 EQUINOX IMP SYSTEM M      
    09250J734 BLACKROCK EVNT DRVN AT COST 17,224 17,525
    64128R608 NEUBERGER BERMAN LON AT COST 17,093 18,954
    72201U638 PIMCO MRTG OPP & BND AT COST 17,487 17,945

    TY 2020 OtherDecreasesSchedule
    Name:
    LILA DRAPER BURTON TRUST UW XXXXX1003
    EIN:
    39-6146782
    Description Amount
    2020 TRANSACTION POSTED IN 2021 3,528


    TY 2020 OtherIncreasesSchedule
    Name:
    LILA DRAPER BURTON TRUST UW XXXXX1003
    EIN:
    39-6146782
    Description Amount
    2019 TRANSACTION POSTED IN 2020 3,137
    ROUNDING 1


    TY 2020 TaxesSchedule
    Name:
    LILA DRAPER BURTON TRUST UW XXXXX1003
    EIN:
    39-6146782
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL ESTIMATES - INCOME 265 0   0
    FOREIGN TAXES ON QUALIFIED FOR 882 882   0
    FOREIGN TAXES ON NONQUALIFIED 60 60   0