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
PIERSTORF MEMORIAL FUND TA
 
Number and street (or P.O. box number if mail is not delivered to street address)KEYBANK 4900 TIEDEMAN RD OH-01-49
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BROOKLYN, OH44144
A Employer identification number

34-6946124
B Telephone number (see instructions)

(216) 689-7663
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$25,757,965J 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... 387,223 355,346  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 241,471
b Gross sales price for all assets on line 6a 8,362,082
7 Capital gain net income (from Part IV, line 2)... 241,471
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........ 628,694 596,817  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 130,626 97,970   32,657
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)....... Click to see attachment 2,250 0 0 2,250
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 3,438 3,438   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)....... Click to see attachment 200     200
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 136,514 101,408 0 35,107
25 Contributions, gifts, grants paid....... 1,157,678 1,157,678
26 Total expenses and disbursements. Add lines 24 and 25 1,294,192 101,408 0 1,192,785
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -665,498
b Net investment income (if negative, enter -0-) 495,409
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.............      
2 Savings and temporary cash investments.........   1,919,930 1,919,930
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)   Click to see attachment447,617 466,749
b Investments—corporate stock (attach schedule).......   Click to see attachment7,201,729 9,164,978
c Investments—corporate bonds (attach schedule).......   Click to see attachment3,691,785 3,935,696
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 21,948,161 Click to see attachment7,815,108 10,066,792
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)   Click to see attachment202,088 Click to see attachment203,820
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 21,948,161 21,278,257 25,757,965
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........ 21,948,161 21,278,257
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)..... 21,948,161 21,278,257
30 Total liabilities and net assets/fund balances (see instructions). 21,948,161 21,278,257
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
21,948,161
2
Enter amount from Part I, line 27a .....................
2
-665,498
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
21,282,663
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
4,406
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
21,278,257
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 23218.775 AQR EQUITY MARKET NEUTRAL FUND $0.05208     2020-06-26
b 2175. ABBOTT LABORATORIES COM   2019-12-30 2020-01-06
c 550. ADOBE SYS INC   2019-12-30 2020-01-03
d 30000. AKRON OHIO DTD 11/30/2010 4.00000% 12/1/2023   2016-08-12 2020-12-01
e 20000. AKRON OHIO DTD 11/30/2010 4.00000% 12/1/2023   2016-08-12 2020-12-14
1. AMERIPRISE FINANCIAL INC   2020-01-03 2020-07-02
1. AMPHENOL CORP   2020-01-03 2020-07-02
1. AMPHENOL CORP   2020-01-03 2020-07-27
50000. ANHEUSER-BUSCH INBEV FIN INC DTD 1/17/2013 2.62500% 1/17/2023   2015-08-27 2020-12-16
1. APPLE INC   2018-05-04 2020-07-02
1. APPLE INC   2018-05-04 2020-07-27
248. ARISTA NETWORKS INC     2020-10-16
330. AVALONBAY COMMUNITIES INC   2019-12-30 2020-01-03
1050. BALL CORP   2019-12-30 2020-01-03
5. BANK OF AMERICA CORP   2020-01-03 2020-07-02
4. BANK OF AMERICA CORP   2020-01-03 2020-07-27
21106.557 BLACKROCK STRATEGIC INCOME OPPS PORTF $0.313   2018-06-26 2020-06-26
1. CMS ENERGY CORP   2020-01-03 2020-07-02
1. CMS ENERGY CORP   2019-06-21 2020-07-27
324. CMS ENERGY CORP   2020-01-03 2020-10-16
894. CMS ENERGY CORP     2020-10-16
13. CAMECO CORP   2018-05-04 2020-07-27
224. CARRIER GLOBAL CORP   2020-01-03 2020-07-02
610. CARRIER GLOBAL CORP     2020-07-02
200000. CHARLOTTE MICH PUB SCH DIST DTD 2/17/2016 2.25000% 5/1/2025   2016-08-12 2020-11-02
3050. CISCO SYS INC COM   2019-12-30 2020-01-06
1525. COCA COLA CO     2020-07-02
553. COCA COLA CO   2020-01-03 2020-07-02
1. COMCAST CORP CL A   2020-01-03 2020-07-02
1. COMCAST CORP CL A   2020-01-03 2020-07-27
1. COSTCO WHOLESALE CORP   2019-06-21 2020-07-02
190. CUMMINS INC   2019-12-30 2020-01-03
1. DANAHER CORP   2020-01-03 2020-07-27
168. DANAHER CORP   2020-01-03 2020-10-16
310. DIAMONDBACK ENERGY INC     2020-07-02
764. DIAMONDBACK ENERGY INC     2020-07-02
1. WALT DISNEY CO   2020-01-03 2020-07-27
550. EASTMAN CHEM CO COM   2019-12-30 2020-01-03
875. EBAY INC   2019-12-30 2020-01-03
760. EVERSOURCE ENERGY   2019-12-30 2020-01-03
5. FREEPORT-MCMORAN INC   2020-01-06 2020-07-02
350000. GS FINANCE CORP ISHARES MSCI EFA ETF LINKED DUE 9/17/20   2017-09-14 2020-09-17
970. HILTON WORLDWIDE HOLDINGS INC   2019-12-30 2020-01-03
1. HOME DEPOT INC   2019-06-21 2020-07-02
2. INTEL CORP   2020-01-03 2020-07-02
1. INTEL CORP   2020-01-03 2020-07-27
700. INTERNATIONAL BUSINESS MACHS COM   2019-12-30 2020-01-03
315. INTERNATIONAL FLAVORS & FRAGRANCES INC C   2019-12-30 2020-01-03
65. INTUIT   2019-06-21 2020-01-06
210. INTUIT     2020-01-06
25. INTUITIVE SURGICAL INC   2019-06-21 2020-10-16
600. ISHARES CORE S&P 500 ETF $5.90800   2018-12-21 2020-07-21
4725. ISHARES MSCI USA MIN VOL FACTOR ETF $1.31200   2019-09-27 2020-07-21
2000. ISHARES MSCI USA MOMENTUM FACTOR ETF $1.53600   2018-10-17 2020-06-26
2650. ISHARES MSCI USA MOMENTUM FACTOR ETF $1.53600     2020-07-21
2000. ISHARES MSCI USA MOMENTUM FACTOR ETF $1.53600     2020-12-18
2. JP MORGAN CHASE & CO   2020-01-03 2020-07-02
1. JP MORGAN CHASE & CO   2020-01-03 2020-07-27
50000. LAKEWOOD OHIO DTD 2/9/2011 4.00000% 12/1/2020   2016-08-12 2020-12-01
22000. LOCKHEED MARTIN CORP DTD 9/9/2011 3.35000% 9/15/2021   2015-08-27 2020-06-16
200000. MARYSVILLE OHIO DTD 8/27/2014 2.00000% 12/1/2020   2016-08-12 2020-12-01
1. MASTERCARD INC   2019-06-21 2020-07-27
125. MCDONALDS CORP   2020-01-03 2020-07-02
355. MCDONALDS CORP     2020-07-02
100000. MCDONALDS CORP DTD 5/26/2015 2.20000% 5/26/2020   2015-08-27 2020-05-26
2. MERCK & CO INC   2020-01-03 2020-07-27
200000. MICHIGAN CITY IND WTRWRKS DTD 12/16/2015 2.25000% 3/1/2024   2016-08-12 2020-11-02
2. MICROSOFT CORP   2019-06-21 2020-07-02
2. MICROSOFT CORP   2019-06-21 2020-07-27
679. MICROSOFT CORP     2020-10-16
2. MONDELEZ INTERNATIONAL INC   2020-01-03 2020-07-02
1. MONDELEZ INTERNATIONAL INC   2019-06-21 2020-07-27
100000. MONTGOMERY CNTY OHIO DTD 10/23/2013 2.00000% 12/1/2020   2016-08-12 2020-12-01
1. NEXTERA ENERGY INC   2019-06-21 2020-07-27
50000. NORTH BALTIMORE OHIO LOCAL SCH D DTD 12/9/2009 4.10000% 12/1/20   2016-08-12 2020-11-02
100000. NORTHEAST OHIO REGL SWR DIST DTD 4/18/2013 2.00000% 11/15/2020   2016-08-12 2020-11-16
144. NORTHERN TR CORP   2019-12-30 2020-01-03
196. NORTHERN TR CORP   2019-12-30 2020-07-02
535. NORTHERN TR CORP   2019-06-21 2020-07-02
61. NVIDIA CORP   2020-01-03 2020-07-02
1. NVIDIA CORP   2020-01-03 2020-07-27
50000. OHIO ST PARKS & RECREATION CAP DTD 3/3/2011 5.00000% 8/1/2025   2016-08-12 2020-08-03
305. OTIS WORLDWIDE CORP     2020-07-02
112. OTIS WORLDWIDE CORP   2020-01-03 2020-07-02
1. OWENS CORNING INC   2020-01-03 2020-07-02
545. PNC FINANCIAL SERVICES GROUP     2020-07-02
195. PNC FINANCIAL SERVICES GROUP   2020-01-03 2020-07-02
1. PARKER HANNIFIN CORP COM   2020-01-03 2020-07-02
840. PARSLEY ENERGY INC     2020-01-06
1385. PARSLEY ENERGY INC   2019-06-21 2020-01-06
100000. PASADENA TEX DTD 1/1/2016 2.25000% 2/15/2023   2016-08-12 2020-11-02
1040. PEPSICO INC CAP   2019-12-30 2020-01-03
452. PIONEER NATURAL RESOURCES CO   2020-01-03 2020-07-02
145. T ROWE PRICE GROUP INC   2019-12-30 2020-01-03
1. PROCTER & GAMBLE CO COM   2020-01-03 2020-07-02
1. PROCTER & GAMBLE CO COM   2020-01-03 2020-07-27
14. PROLOGIS INC   2017-12-18 2020-01-03
556. PROLOGIS INC     2020-07-02
1860. PRUDENTIAL FINANCIAL INC   2019-12-30 2020-01-03
1. RAYTHEON TECHNOLOGIES CORP   2020-01-03 2020-07-27
1. REPUBLIC SERVICES INC   2020-01-03 2020-07-02
1. REPUBLIC SERVICES INC   2020-01-03 2020-07-27
1206. REPUBLIC SERVICES INC   2020-01-03 2020-10-16
200000. ROCKY RIVER OHIO DTD 9/4/2014 2.00000% 12/1/2020   2016-08-12 2020-12-01
1. SHERWIN WILLIAMS CO COM   2020-01-03 2020-07-02
1200. STARBUCKS CORP   2019-12-30 2020-01-03
1490. TJX COS INC NEW   2019-12-30 2020-01-03
19213.237 TEMPLETON GLOBAL BOND FUND OPEN-END FUND ADV CL     2020-06-26
700. TEXAS INSTRUMENTS INC COM   2019-12-30 2020-01-03
1. THERMO FISHER SCIENTIFIC INC   2019-06-21 2020-07-02
81. THERMO FISHER SCIENTIFIC INC   2019-06-21 2020-10-16
100000. TOLEDO OHIO SEW SYS DTD 10/23/2013 2.50000% 11/15/2020   2016-08-12 2020-11-16
525. UNITEDHEALTH GROUP INC   2019-12-30 2020-01-03
100000. UNITEDHEALTH GROUP INC DTD 10/25/2010 3.87500% 10/15/2020   2014-11-18 2020-10-15
90000. UNIVERSITY AKRON OHIO DTD 9/9/2010 5.00000% 1/1/2027   2016-08-12 2020-01-02
1. V F CORP   2020-01-03 2020-07-02
505. V F CORP   2019-06-21 2020-07-27
185. V F CORP     2020-07-27
1. VERIZON COMMUNICATIONS INC   2020-01-03 2020-07-02
599. VERIZON COMMUNICATIONS INC   2020-01-03 2020-07-27
625. VERIZON COMMUNICATIONS INC     2020-07-27
1. VERTEX PHARMACEUTICALS INC   2020-01-03 2020-07-02
1075. VISA INC   2019-12-30 2020-01-03
2200. VOYA FINANCIAL INC   2019-12-30 2020-01-06
23234.201 WESTERN ASSET MACRO OPPTYS FUND $0.285     2020-06-26
1. WESTERN DIGITAL CORP   2020-01-03 2020-07-02
1. WESTERN DIGITAL CORP   2020-01-03 2020-07-27
1030. WESTERN DIGITAL CORP     2020-10-16
1925. XCEL ENERGY INC   2019-12-30 2020-01-03
1. XYLEM INC   2020-01-03 2020-07-02
1. XYLEM INC   2020-01-03 2020-07-27
1. ZOETIS INC   2019-06-21 2020-07-02
1. ZOETIS INC   2019-06-21 2020-07-27
229. ZOETIS INC   2019-06-21 2020-10-16
575. ACCENTURE PLC   2019-12-30 2020-01-03
1090. INGERSOLL RAND PLC   2019-12-30 2020-01-03
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(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 186,679   273,000 -86,321
b 186,437   188,881 -2,444
c 182,467   180,846 1,621
d 30,000   30,434 -434
e 20,000   20,289 -289
148   167 -19
96   108 -12
106   108 -2
52,405   47,869 4,536
368   183 185
378   183 195
55,305   57,586 -2,281
69,011   68,461 550
68,008   67,768 240
117   175 -58
96   140 -44
207,900   205,985 1,915
60   62 -2
63   59 4
21,000   20,207 793
57,943   33,138 24,805
157   147 10
5,086   5,893 -807
13,850   10,270 3,580
213,000   205,068 7,932
143,530   144,997 -1,467
68,521   62,541 5,980
24,847   30,285 -5,438
40   45 -5
43   45 -2
308   268 40
33,592   34,105 -513
200   154 46
38,088   25,936 12,152
12,665   28,578 -15,913
31,213   72,142 -40,929
116   147 -31
41,761   43,167 -1,406
31,438   31,304 134
62,965   64,123 -1,158
58   63 -5
350,000   350,000  
106,678   108,124 -1,446
250   209 41
119   120 -1
50   60 -10
94,072   93,101 971
39,809   40,079 -270
17,020   17,135 -115
54,987   23,898 31,089
17,961   13,097 4,864
195,852   147,756 48,096
297,062   300,593 -3,531
255,474   225,884 29,590
371,967   292,427 79,540
322,476   197,784 124,692
185   277 -92
96   138 -42
50,000   50,000  
22,792   22,142 650
200,000   200,000  
309   267 42
23,045   25,031 -1,986
65,446   52,192 13,254
100,000   98,935 1,065
158   183 -25
208,720   205,022 3,698
415   274 141
406   274 132
149,623   75,465 74,158
103   109 -6
55   56 -1
100,000   100,000  
278   208 70
50,593   50,611 -18
100,000   100,000  
15,175   15,341 -166
15,294   20,881 -5,587
41,745   46,359 -4,614
23,643   14,417 9,226
416   236 180
50,000   52,075 -2,075
17,161   15,398 1,763
6,302   8,835 -2,533
54   65 -11
56,204   71,363 -15,159
20,110   31,001 -10,891
183   207 -24
16,550   26,566 -10,016
27,287   24,714 2,573
103,965   102,122 1,843
141,094   142,370 -1,276
43,700   69,459 -25,759
18,091   17,701 390
122   123 -1
126   123 3
1,251   923 328
53,177   38,806 14,371
173,438   173,336 102
61   88 -27
81   90 -9
85   90 -5
113,214   108,901 4,313
200,000   200,000  
583   565 18
106,606   104,895 1,711
91,223   91,338 -115
192,132   223,536 -31,404
89,530   89,383 147
366   291 75
37,934   23,591 14,343
100,000   100,000  
151,958   154,639 -2,681
100,000   100,000  
90,000   91,661 -1,661
62   100 -38
30,484   44,530 -14,046
11,167   18,441 -7,274
55   60 -5
34,097   36,227 -2,130
35,577   31,379 4,198
292   218 74
204,026   202,059 1,967
130,501   133,474 -2,973
250,000   268,390 -18,390
43   65 -22
44   65 -21
38,990   61,054 -22,064
120,619   121,730 -1,111
65   80 -15
75   80 -5
138   113 25
147   113 34
37,589   25,874 11,715
120,720   121,278 -558
145,098   144,873 225
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
      33,778
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       -86,321
b       -2,444
c       1,621
d       -434
e       -289
      -19
      -12
      -2
      4,536
      185
      195
      -2,281
      550
      240
      -58
      -44
      1,915
      -2
      4
      793
      24,805
      10
      -807
      3,580
      7,932
      -1,467
      5,980
      -5,438
      -5
      -2
      40
      -513
      46
      12,152
      -15,913
      -40,929
      -31
      -1,406
      134
      -1,158
      -5
       
      -1,446
      41
      -1
      -10
      971
      -270
      -115
      31,089
      4,864
      48,096
      -3,531
      29,590
      79,540
      124,692
      -92
      -42
       
      650
       
      42
      -1,986
      13,254
      1,065
      -25
      3,698
      141
      132
      74,158
      -6
      -1
       
      70
      -18
       
      -166
      -5,587
      -4,614
      9,226
      180
      -2,075
      1,763
      -2,533
      -11
      -15,159
      -10,891
      -24
      -10,016
      2,573
      1,843
      -1,276
      -25,759
      390
      -1
      3
      328
      14,371
      102
      -27
      -9
      -5
      4,313
       
      18
      1,711
      -115
      -31,404
      147
      75
      14,343
       
      -2,681
       
      -1,661
      -38
      -14,046
      -7,274
      -5
      -2,130
      4,198
      74
      1,967
      -2,973
      -18,390
      -22
      -21
      -22,064
      -1,111
      -15
      -5
      25
      34
      11,715
      -558
      225
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 241,471
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 6,886
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 6,886
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 6,886
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 7,435
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 7,435
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 10 549
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet549 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)
    bulletOH
    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 ofbulletKEYBANK NA Telephone no.bullet (216) 813-4556

    Located atbullet4900 TIEDEMAN RD OH-01-49-0150BROOKLYNOH ZIP+4bullet441442302
    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
     
     
    .........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
    KEYBANK TRUSTEE
    3     		130,626    
    100 PUBLIC SQUARE
    CLEVELAND,OH44113
    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
    23,483,615
    b
    Average of monthly cash balances.......................
    1b
    -52,573
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    23,431,042
    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
    23,431,042
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    351,466
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    23,079,576
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,153,979
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,153,979
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    6,886
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    6,886
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,147,093
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,147,093
    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
    1,147,093
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    1,192,785
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,192,785
    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
    1,192,785
    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 1,147,093
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 514,924
    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$ 1,192,785
    a Applied to 2019, but not more than line 2a 514,924
    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..... 677,861
    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 ..........     		469,232
    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 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
    MESSIAH LUTHERAN CHURCH
    21485 LORAIN RD
    FAIRVIEW PARK,OH441262124     		NONE PC PURPOSE FOR WHICH DONEE IS 578,839
    OHIO NORTHERN UNIVERSITY
    ATTN CONTROLLER
    525 S MAIN
    ADA,OH458106000     		NONE PC PURPOSE FOR WHICH DONEE IS 578,839
    Total .................................bullet 3a 1,157,678
    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....     14 387,223  
    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 ............     		    18 241,471  
    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)..   628,694  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    628,694
    (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 AccountingFeesSchedule
    Name:
    PIERSTORF MEMORIAL FUND TA
    EIN:
    34-6946124
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 2,250     2,250

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    PIERSTORF MEMORIAL FUND TA
    EIN:
    34-6946124
    Name of Bond End of Year Book Value End of Year Fair Market Value
    010392FN3 ALABAMA POWER CO SEN 123,216 134,654
    025816BD0 AMERICAN EXPRESS CO 125,531 130,480
    031162BV1 AMGEN INC SENIOR NT 128,718 137,208
    053332AM4 AUTOZONE INC SENIOR 50,321 51,815
    134429AY5 CAMPBELL SOUP CO SEN 47,749 51,667
    17275RBH4 CISCO SYSTEMS INC SE 123,335 130,864
    46625HJT8 JPMORGAN CHASE & CO 101,015 110,044
    6174468C6 MORGAN STANLEY MED T 155,038 171,656
    057071409 BAIRD SHORT TERM BON 300,000 304,606
    592905509 METROPOLITAN WEST T/ 789,454 778,668
    72201U638 PIMCO MORTAGE OPPORT 300,000 301,097
    74256W584 PRINCIPAL MIDCAP FUN 348,000 510,193
    957663503 WESTERN ASSET CORE P 300,000 301,199
    95768D400 WESTERN ASSET MACRO 203,610 225,024
    998155436 CHARITABLE SMALL CAP 595,798 596,521

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    PIERSTORF MEMORIAL FUND TA
    EIN:
    34-6946124
    Name of Stock End of Year Book Value End of Year Fair Market Value
    13645RAS3 CANADIAN PACIFIC RAI 124,339 135,325
    22160KAL9 COSTCO WHOLESALE COR 125,427 134,496
    539830AY5 LOCKHEED MARTIN CORP 28,146 28,588
    38141GWJ9 GOLDMAN SACHS GROUP 125,158 129,444
    92343VBY9 VERIZON COMMUNICATIO 128,824 138,320
    00770G847 JOHCM INTERNATIONAL 302,000 404,717
    02079K305 ALPHABET INC COM CL 350,082 448,676
    024525719 AMERICAN BEACON FRON 208,000 199,834
    037833100 APPLE INC COM 187,945 679,373
    13321L108 CAMECO CORP COM 218,397 298,619
    169656105 CHIPOTLE MEXICAN GRI 97,781 126,191
    25746U109 DOMINION ENERGY INC 94,100 86,856
    27826A144 PARAMETRIC VOL RSK P 276,000 305,001
    35671D857 FREEPORT-MCMORAN COP 129,389 239,072
    38142V845 GOLDMAN SACHS INTL E 718,000 758,532
    46137V357 INVESCO S&P 500 EQUA 630,877 752,486
    464287200 ISHARES CORE S&P 500 160,069 244,004
    46625H100 JP MORGAN CHASE & CO 250,318 229,743
    4812A4351 JPMORGAN STRATEGIC I 494,000 487,471
    500754106 KRAFT HEINZ CO COM 132,958 142,591
    57636Q104 MASTERCARD INC COM C 127,823 259,495
    58933Y105 MERCK & CO INC COM 193,442 194,684
    594918104 MICROSOFT CORP COM 188,665 470,863
    65339F101 NEXTERA ENERGY INC C 89,126 137,636
    690742101 OWENS CORNING INC CO 113,567 125,989
    75513E101 RAYTHEON TECHNOLOGIE 90,276 101,401
    776696106 ROPER TECHNOLOGIES I 91,342 135,362
    824348106 SHERWIN WILLIAMS CO 72,333 94,068
    883556102 THERMO FISHER SCIENT 104,773 191,436
    92532F100 VERTEX PHARMACEUTICA 113,600 136,132
    92837F755 VIRTUS SEIX FLTG RAT 282,308 260,629
    962879102 WHEATON PRECIOUS MET 101,084 77,803
    98419M100 XYLEM INC COM 79,130 103,520
    98978V103 ZOETIS INC COM CL A 111,750 164,176
    998154223 CHARITABLE INTL EQUI 660,700 742,445

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    PIERSTORF MEMORIAL FUND TA
    EIN:
    34-6946124
    US Government Securities - End of Year Book Value:

    447,617
    US Government Securities - End of Year Fair Market Value:

    466,749
    State & Local Government Securities - End of Year Book Value:


     
    State & Local Government Securities - End of Year Fair Market Value:


     


    TY 2020 InvestmentsOtherSchedule2
    Name:
    PIERSTORF MEMORIAL FUND TA
    EIN:
    34-6946124
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    SEE ATTACHED HOLDINGS REPORT      
    40168W525 GUGGENHEIM TOTAL RET AT COST 300,000 300,000
    023135106 AMAZON COM INC COM AT COST 206,894 397,345
    03027X100 AMERICAN TOWER CORP AT COST 142,281 156,449
    03076C106 AMERIPRISE FINANCIAL AT COST 132,807 174,897
    032095101 AMPHENOL CORP COM CL AT COST 97,761 129,593
    060505104 BANK OF AMERICA CORP AT COST 187,783 199,925
    09857L108 BOOKING HOLDINGS INC AT COST 84,910 89,091
    11135F101 BROADCOM INC COM AT COST 202,121 232,061
    20030N101 COMCAST CORP COM CL AT COST 77,400 89,918
    22160K105 COSTCO WHOLESALE COR AT COST 62,936 125,091
    231021106 CUMMINS INC COM AT COST 143,007 143,754
    235851102 DANAHER CORP DEL COM AT COST 122,116 175,713
    254687106 WALT DISNEY CO COM AT COST 183,066 292,968
    256206103 DODGE & COX INTERNAT AT COST 299,821 296,052
    437076102 HOME DEPOT INC COM AT COST 135,401 190,450
    458140100 INTEL CORP COM AT COST 81,068 101,882
    46120E602 INTUITIVE SURGICAL I AT COST 110,116 183,254
    464287499 ISHARES RUSSELL MIDC AT COST 205,756 445,575
    464287655 ISHARES RUSSELL 2000 AT COST 160,970 220,568
    464287804 ISHARES CORE S&P SMA AT COST 47,001 52,843
    46432F339 ISHARES MSCI USA QUA AT COST 300,107 380,588
    46432F396 ISHARES MSCI USA MOM AT COST 553,300 963,708
    46432F842 ISHARES CORE MSCI EA AT COST 286,114 348,905
    57060D108 MARKETAXESS HOLDINGS AT COST 96,988 188,285
    609207105 MONDELEZ INTERNATION AT COST 94,285 112,029
    67066G104 NVIDIA CORP COM AT COST 128,124 315,409
    701094104 PARKER HANNIFIN CORP AT COST 122,744 166,715
    742718109 PROCTER & GAMBLE CO AT COST 143,349 162,516
    65339KAG5 NEXTERA ENERGY CAPIT AT COST 50,319 53,389
    718172BQ1 PHILIP MORRIS INTL I AT COST 49,338 55,608
    NEUBERGER BERMAN EMERG MKTS EQ AT COST 1,475,225 1,720,977
    PRAXIS IMPACT BOND FUND CL I AT COST 1,532,000 1,601,234

    TY 2020 OtherAssetsSchedule
    Name:
    PIERSTORF MEMORIAL FUND TA
    EIN:
    34-6946124
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    12354PBD2 BUTLER CNTY OHIO GO   10,104 10,176
    12354PBF7 BUTLER CNTY OHIO GO   191,984 193,644


    TY 2020 OtherDecreasesSchedule
    Name:
    PIERSTORF MEMORIAL FUND TA
    EIN:
    34-6946124
    Description Amount
    COST ADJ FOR RETURN OF CAPITAL SALE 4,406


    TY 2020 OtherExpensesSchedule
    Name:
    PIERSTORF MEMORIAL FUND TA
    EIN:
    34-6946124
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    STATE FILING/TAXES PAID 200 0   200


    TY 2020 TaxesSchedule
    Name:
    PIERSTORF MEMORIAL FUND TA
    EIN:
    34-6946124
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 263 263   0
    FOREIGN TAXES ON QUALIFIED FOR 2,704 2,704   0
    FOREIGN TAXES ON NONQUALIFIED 471 471   0