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
R L & A C DELL CHARITABLE TRUST UMA
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 0634
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MILWAUKEE, WI532010634
A Employer identification number

41-6046675
B Telephone number (see instructions)

(651) 466-8040
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$6,285,237J 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... 90,214 89,998  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 999,138
b Gross sales price for all assets on line 6a 3,357,288
7 Capital gain net income (from Part IV, line 2)... 999,138
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)....... Click to see attachment 10,500    
12 Total. Add lines 1 through 11........ 1,099,852 1,089,136  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 61,750 34,575   27,175
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule)......... Click to see attachment 5,372 0 0 2,686
b Accounting fees (attach schedule)....... Click to see attachment 1,500 0 0 1,500
c Other professional fees (attach schedule).... Click to see attachment 10,922 9,830   1,092
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 7,187 42   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 25     25
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 86,756 44,447 0 32,478
25 Contributions, gifts, grants paid....... 277,388 277,388
26 Total expenses and disbursements. Add lines 24 and 25 364,144 44,447 0 309,866
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 735,708
b Net investment income (if negative, enter -0-) 1,044,689
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............. 100 116 116
2 Savings and temporary cash investments......... 129,874 289,622 289,622
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)....... 3,730,683 Click to see attachment4,297,435 5,995,402
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........     0
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment280 Click to see attachment97 Click to see attachment97
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,860,937 4,587,270 6,285,237
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........ 3,860,937 4,587,270
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)..... 3,860,937 4,587,270
30 Total liabilities and net assets/fund balances (see instructions). 3,860,937 4,587,270
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
3,860,937
2
Enter amount from Part I, line 27a .....................
2
735,708
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
1,019
4
Add lines 1, 2, and 3 ..........................
4
4,597,664
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
10,394
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
4,587,270
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 46. WELLS FARGO & CO NEW     2020-01-07
b 803. FASTENAL CO     2020-01-10
c 108. NVIDIA CORP   2019-10-17 2020-01-10
d 357. EXXON MOBIL CORP   2016-05-20 2020-01-21
e 37. INTEL CORP   2018-08-21 2020-01-21
21. J P MORGAN CHASE & CO   2016-05-20 2020-01-21
14.783 VANGUARD 500 IND   2016-05-31 2020-01-28
17. APPLE COMPUTER INC COM   2016-05-20 2020-02-04
20. WALT DISNEY COMPANY   2019-01-08 2020-02-04
13. MCDONALD'S CORPORATION   2016-05-20 2020-02-04
27. MICROSOFT CORP   2016-05-20 2020-02-04
95. ROSS STORES INC COM     2020-02-28
25. VISA INC   2016-12-07 2020-02-28
37. VISA INC     2020-02-28
260. ROSS STORES INC COM   2016-06-21 2020-03-03
194. ROSS STORES INC COM     2020-03-03
9. 3M CO   2019-06-25 2020-03-03
97. 3M CO     2020-03-03
12. BOOKING HOLDINGS INC   2019-11-13 2020-03-12
17. BOOKING HOLDINGS INC     2020-03-12
165. INGERSOLL RAND INC     2020-03-17
52. M & T BK CORP COM   2019-01-22 2020-03-17
195. PRINCIPAL FINANCIAL GROUP COM     2020-03-17
498. PFIZER INC   2016-05-20 2020-03-20
142. SUNCOR ENERGY INC   2020-01-21 2020-03-20
370. SUNCOR ENERGY INC     2020-03-20
86.3333 DOW INC     2020-03-30
129.6667 DOW INC     2020-03-30
.8912 INGERSOLL RAND INC   2016-11-15 2020-03-30
39. MONDELEZ INTERNATIONAL W I   2019-01-29 2020-03-31
19. FASTENAL CO   2019-05-08 2020-04-01
1918. FASTENAL CO     2020-04-01
43. TJX COS INC NEW COM   2019-05-14 2020-04-06
164. TJX COS INC NEW COM     2020-04-06
371. TRUIST FINL CORP     2020-04-07
58.212 VANGUARD 500 IND   2016-05-31 2020-04-13
148. NVIDIA CORP     2020-04-17
13. WALT DISNEY COMPANY   2019-04-30 2020-04-28
127. WALT DISNEY COMPANY     2020-04-28
42. BOOKING HOLDINGS INC     2020-05-05
137. FLEETCOR TECHNOLOGIES INC   2019-10-17 2020-05-13
184. WELLS FARGO & CO NEW     2020-05-13
417. WELLS FARGO & CO NEW     2020-05-13
23. APPLE COMPUTER INC COM     2020-05-28
45. CDW CORP DE   2019-11-04 2020-05-28
43. FACEBOOK INC A     2020-05-28
10. PAYPAL HOLDINGS INC   2019-05-08 2020-05-28
13. STARBUCKS CORP COM   2019-07-30 2020-05-28
41. TRACTOR SUPPLY CO COM   2016-11-17 2020-05-28
23. VISA INC   2019-03-28 2020-05-28
11. FACEBOOK INC A   2018-02-13 2020-06-08
6. MICROSOFT CORP   2016-05-20 2020-06-23
20. UNITED PARCEL SVC INC COM   2019-10-29 2020-06-23
1. UNITED PARCEL SVC INC COM   2019-03-25 2020-06-23
5. PEPSICO INC   2016-05-20 2020-07-21
31. BRISTOL MEYER SQUIBB   2020-05-13 2020-07-27
189. EDWARDS LIFESCIENCES CORP COM   2019-03-28 2020-07-27
23. ELECTRONIC ARTS COM   2019-05-15 2020-07-27
22. KEYSIGHT TECHNOLOGIES INC     2020-07-27
19. MOTOROLA SOLUTIONS INC     2020-07-27
21. PAYPAL HOLDINGS INC     2020-07-27
454. INTEL CORP     2020-07-30
166. APPLE COMPUTER INC COM     2020-08-05
211. INTEL CORP   2016-05-20 2020-08-18
95.697 VANGUARD 500 IND   2016-05-31 2020-08-19
81. APPLE COMPUTER INC COM   2014-03-12 2020-08-28
131. FACEBOOK INC A   2018-02-13 2020-08-28
10. NVIDIA CORP   2020-05-28 2020-09-03
136. NVIDIA CORP   2019-07-30 2020-09-03
147. APPLE COMPUTER INC COM   2016-05-20 2020-09-15
32.903 VANGUARD 500 IND   2016-05-31 2020-09-22
66.496 VANGUARD 500 IND   2016-05-31 2020-09-25
68. CISCO SYS INC   2019-02-19 2020-09-29
1. WELLS FARGO & CO NEW   1911-11-11 2020-10-02
15. ALPHABET INC CL C     2020-11-13
70. ALPHABET INC CL A     2020-11-13
541. APPLE COMPUTER INC COM   2014-03-12 2020-11-13
1775. BRISTOL MEYER SQUIBB     2020-11-13
514. BRISTOL MYERS SQUIBB RT 3/31/21   2019-11-20 2020-11-13
625. CDW CORP DE     2020-11-13
423. CDW CORP DE     2020-11-13
615. COPART INC COM     2020-11-13
2147. EDWARDS LIFESCIENCES CORP COM     2020-11-13
792. ELECTRONIC ARTS COM     2020-11-13
522. FACEBOOK INC A     2020-11-13
601. FIRST REPUBLIC BANK SAN FRAN   2020-09-03 2020-11-13
1070. KEYSIGHT TECHNOLOGIES INC     2020-11-13
479. MOTOROLA SOLUTIONS INC     2020-11-13
584. MOTOROLA SOLUTIONS INC     2020-11-13
367. PAYPAL HOLDINGS INC     2020-11-13
138. S P GLOBAL INC     2020-11-13
232. STARBUCKS CORP COM   2020-03-03 2020-11-13
1026. STARBUCKS CORP COM     2020-11-13
64. TRACTOR SUPPLY CO COM   2020-07-27 2020-11-13
1280. TRACTOR SUPPLY CO COM     2020-11-13
795. VISA INC     2020-11-13
1163. ALCON INC     2020-11-13
4021. MYLAN NV   2020-11-13 2020-11-17
91. BOEING COMPANY   2020-11-13 2020-11-18
36. UNITEDHEALTH GROUP INC COM   2020-11-13 2020-11-18
40. APPLE COMPUTER INC COM   2016-05-20 2020-11-24
14. MICROSOFT CORP   2016-05-20 2020-11-24
105. SPLUNK INC   2020-11-13 2020-12-07
31. TRADE DESK INC THE CLASS A   2020-11-13 2020-12-07
6. CHEVRONTEXACO CORP COM   2020-01-21 2020-12-08
140. CONOCOPHILLIPS COM     2020-12-08
76. CONOCOPHILLIPS COM   2020-01-21 2020-12-08
33. VALERO ENERGY CORP   2020-01-21 2020-12-08
678.918 VANGUARD 500 IND   2016-05-31 2020-12-08
122. DOMINION RES INC VA NEW COM     2020-12-22
10. KLA-TENCOR CORP COM   2019-02-19 2020-12-22
13. LAM RESEARCH CORP   2019-04-30 2020-12-22
26. MICROSOFT CORP   2016-05-20 2020-12-22
42. VALERO ENERGY CORP   2020-01-21 2020-12-22
149. VALERO ENERGY CORP   2016-05-20 2020-12-22
30. WAL MART STORES INC COM   2016-08-18 2020-12-22
46. APPLE COMPUTER INC COM   2016-05-20 2020-12-23
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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 2,419   2,797 -378
b 29,092   19,067 10,025
c 26,373   20,955 5,418
d 24,203   32,022 -7,819
e 2,245   1,768 477
2,880   1,337 1,543
4,474   2,870 1,604
5,420   1,618 3,802
2,904   2,232 672
2,801   1,596 1,205
4,845   1,370 3,475
10,256   5,267 4,989
4,382   1,938 2,444
6,485   6,680 -195
28,691   14,254 14,437
21,408   18,043 3,365
1,310   1,550 -240
14,124   17,081 -2,957
15,681   22,463 -6,782
22,214   31,883 -9,669
3,527   3,581 -54
5,726   8,633 -2,907
5,663   11,059 -5,396
14,863   16,902 -2,039
1,628   4,744 -3,116
4,241   12,560 -8,319
2,445   4,706 -2,261
3,673   6,971 -3,298
20   17 3
1,976   1,696 280
572   632 -60
57,785   42,205 15,580
1,986   2,260 -274
7,575   6,188 1,387
11,756   16,094 -4,338
14,849   11,301 3,548
42,623   26,946 15,677
1,404   1,785 -381
13,714   13,259 455
60,068   51,165 8,903
29,222   40,394 -11,172
4,057   7,398 -3,341
9,195   20,541 -11,346
7,347   4,646 2,701
4,923   5,942 -1,019
9,794   7,625 2,169
1,480   1,087 393
1,017   1,261 -244
4,866   2,997 1,869
4,460   3,557 903
2,519   1,923 596
1,223   304 919
2,202   2,351 -149
110   107 3
676   501 175
1,802   1,960 -158
14,870   11,914 2,956
3,123   2,222 901
2,154   2,254 -100
2,693   3,149 -456
3,721   2,210 1,511
21,771   17,625 4,146
72,602   17,979 54,623
10,313   6,373 3,940
29,873   18,578 11,295
40,479   1,551 38,928
38,196   22,895 15,301
5,270   3,447 1,823
71,666   23,906 47,760
17,283   3,497 13,786
10,105   6,387 3,718
20,320   12,909 7,411
2,659   3,392 -733
45     45
26,442   18,608 7,834
123,055   75,613 47,442
64,237   10,362 53,875
112,335   106,685 5,650
612   1,095 -483
85,769   76,394 9,375
58,048   51,382 6,666
72,112   55,128 16,984
174,103   79,502 94,601
95,173   76,646 18,527
143,922   82,151 61,771
80,361   68,651 11,710
122,769   104,265 18,504
80,809   73,682 7,127
98,523   84,038 14,485
69,163   27,066 42,097
46,954   36,611 10,343
21,961   18,518 3,443
97,119   74,109 23,010
8,383   9,164 -781
167,663   87,862 79,801
166,404   55,797 110,607
75,489   69,296 6,193
63,351   62,261 1,090
19,779   16,727 3,052
12,628   12,824 -196
4,593   951 3,642
2,992   710 2,282
16,709   20,194 -3,485
28,024   23,001 5,023
552   682 -130
5,962   9,937 -3,975
3,236   4,899 -1,663
1,939   2,978 -1,039
232,652   131,798 100,854
8,962   8,936 26
2,597   1,091 1,506
6,246   2,705 3,541
5,830   1,319 4,511
2,278   3,791 -1,513
8,080   8,328 -248
4,348   2,227 2,121
6,070   1,094 4,976
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      289
      289
      289
      289
      289
      289
      289
      289
      289
      289
      289
      289
      289
      289
      289
      289
      289
      289
      289
      289
      289
      289
      289
      289
      289
      289
      289
      289
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       -378
b       10,025
c       5,418
d       -7,819
e       477
      1,543
      1,604
      3,802
      672
      1,205
      3,475
      4,989
      2,444
      -195
      14,437
      3,365
      -240
      -2,957
      -6,782
      -9,669
      -54
      -2,907
      -5,396
      -2,039
      -3,116
      -8,319
      -2,261
      -3,298
      3
      280
      -60
      15,580
      -274
      1,387
      -4,338
      3,548
      15,677
      -381
      455
      8,903
      -11,172
      -3,341
      -11,346
      2,701
      -1,019
      2,169
      393
      -244
      1,869
      903
      596
      919
      -149
      3
      175
      -158
      2,956
      901
      -100
      -456
      1,511
      4,146
      54,623
      3,940
      11,295
      38,928
      15,301
      1,823
      47,760
      13,786
      3,718
      7,411
      -733
      45
      7,834
      47,442
      53,875
      5,650
      -483
      9,375
      6,666
      16,984
      94,601
      18,527
      61,771
      11,710
      18,504
      7,127
      14,485
      42,097
      10,343
      3,443
      23,010
      -781
      79,801
      110,607
      6,193
      1,090
      3,052
      -196
      3,642
      2,282
      -3,485
      5,023
      -130
      -3,975
      -1,663
      -1,039
      100,854
      26
      1,506
      3,541
      4,511
      -1,513
      -248
      2,121
      4,976
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 999,138
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 14,521
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 14,521
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 14,521
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 5,484
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 5,484
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 9,037
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet0 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)
    bulletMN
    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 ofbulletUS BANK NATIONAL ASSOCIATION Telephone no.bullet (855) 452-4066

    Located atbulletP O BOX 64713 TRUST TAX SERVICESST PAULMN ZIP+4bullet55164
    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
    RICHARD L PEMBERTON CO-TRUSTEE
    1     		0    
    LAW OFFICE BUILDING
    FERGUS FALLS,MN56537
    STEPHEN F RUFER CO-TRUSTEE
    1     		10,000    
    LAW OFFICE BUILDING
    FERGUS FALLS,MN56537
    MORRIE KERSHNER CO-TRUSTEE
    1     		10,000    
    LAW OFFICE BUILDING
    FERGUS FALLS,MN56537
    MATTHEW MCGOVERN CO-TRUSTEE
    1     		10,000    
    LAW OFFICE BUILDING
    FERGUS FALLS,MN56537
    H MORRISON KERSHNER CO-TRUSTEE
    1     		0    
    LAW OFFICE BUILDING
    FERGUS FALLS,MN56537
    US BANK N A TRUSTEE
    1     		31,750    
    PO BOX 0634
    MILWAUKEE,WI532010634
    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
    5,401,730
    b
    Average of monthly cash balances.......................
    1b
    149,805
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    5,551,535
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    5,551,535
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    83,273
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    5,468,262
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    273,413
    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
    273,413
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    14,521
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    14,521
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    258,892
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    10,500
    5
    Add lines 3 and 4............................
    5
    269,392
    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
    269,392
    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
    309,866
    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
    309,866
    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
    309,866
    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 7 269,392
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 48,386
    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$ 309,866
    a Applied to 2019, but not more than line 2a 48,386
    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..... 261,480
    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 ..........     		7,912
    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:
    RICHARD L PEMBERTON AT US BANK
    101 EAST FIFTH STREET
    ST PAUL,MN55101
    (651) 466-8040
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATION SHOULD BE SUBMITTED IN WRITTEN FORM OUTLINING THE NATURE OF THE REQUEST
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    THE TRUST HAS LIMITED THE GEOGRAPHIC AREA OF ITS' PROGRAM MAINLY TO FERGUS FALLS MN AND THE SURROUNDING AREA
    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
    BOY SCOUTS OF AMERICA
    NORTHERN LIGHTS COUNCIL
    301 S 19TH AVENUE S
    FARGO,ND58103     		NONE PC GENERAL OPERATING FUNDS 4,000
    CHILDFUND INTERNATIONAL
    2821 EMERYWOOD PKWY 100
    RICHMOND,VA23294     		NONE PC GENERAL OPERATING 288
    APPLE TREE DENTAL
    327 WESTERN AVE STE A
    FERGUS FALLS,MN56537     		NONE PC GENERAL OPERATING 20,900
    BACKCOURT CLUB OF FERGUS FALLS
    PO BOX 361
    FERGUS FALLS,MN56538     		NONE PC GENERAL OPERATING 12,500
    GREATER FERGUS FALLS CORP
    128 E LINCOLN AVENUE
    FERGUS FALLS,MN56537     		NONE PC GENERAL OPERATING 50,000
    FERGUS FALLS HABITAT FOR HUMANITY
    1500 S CASCADE STREET
    FERGUS FALLS,MN56537     		NONE PC GENERAL OPERATING 10,000
    OPERATION BOOTSTRAP AFRICA
    625 4TH AVENUE S STE 110
    MINNEAPOLIS,MN55415     		NONE PC GENERAL OPERATING 2,200
    WEST CENTRAL INITIATIVE
    FBO PERHAM HOSPITAL
    1000 WESTERN AVE
    FERGUS FALLS,MN56537     		NONE PC GENERAL OPERATING 10,000
    FERGUS FALLS CENTER FOR THE ARTS
    124 WEST LINCOLN AVENUE
    FERGUS FALLS,MN56537     		NONE PC GENERAL OPERATING 25,000
    NONVIOLENT PEACEFORCE
    425 OAK GROVE STREET
    MINNEAPOLIS,MN55403     		NONE PC GENERAL OPERATING 1,500
    KADDATZ GALLERIES
    111 W LINCOLN
    FERGUS FALLS,MN56537     		NONE PC GENERAL OPERATING 23,000
    FERGUS FALLS DOWNTOWN COUNCIL INC
    110 NORTH MILL STREET
    FERGUS FALLS,MN56537     		NONE PC GENERAL OPERATING 1,000
    OAK GROVE CEMETERY ASSOCIATION
    OF FERGUS FALLS
    1214 FOOTHILL COURT
    FERGUS FALLS,MN56537     		NONE PC GENERAL OPERATING 15,000
    LUTHER COLLEGE
    700 COLLEGE DRIVE
    DECORAH,IA52101     		NONE I SCHOLARSHIP 5,000
    FERGUS FALLS 544
    EDUCATION FOUNDATION
    518 FRIBERG AVENUE
    FERGUS FALLS,MN56537     		NONE PC GENERAL OPERATING 18,000
    OTTER COVER CHILDREN'S MUSEUM
    PO BOX 299
    FERGUS FALLS,MN56537     		NONE PC GENERAL OPERATING 10,000
    AMERICAN RED CROSS
    RED RIVER VALLEY CHAPTER
    26012 12TH STREET N
    FARGO,MN58102     		NONE PC GENERAL OPERATING 10,000
    SALVATION ARMY OF FERGUS FALLS
    622 E VERNON AVENUE
    FERGUS FALLS,MN56537     		NONE PC GENERAL OPERATING 5,000
    FERGUS FALLS YMCA
    1164 FRIBERG AVENUE
    FERGUS FALLS,MN56537     		NONE PC GENERAL OPERATING 10,000
    MACALESTER COLLEGE
    1600 GRAND AVENUE
    ST PAUL,MN55105     		NONE PC GENERAL OPERATING 5,000
    A CENTER FOR THE ARTS FOUNDATION
    124 W LINCOLN AVENUE
    FERGUS FALLS,MN56537     		NONE PC GENERAL OPERATING 2,000
    OTTER TAIL COUNTY HISTORICAL SOCIETY
    1110 LINCOLN AVENUE WEST
    FERGUS FALLS,MN56537     		NONE PC GENERAL OPERATING 25,000
    FERGUS FALLS AREA COLLEGE FOUNDATION
    1414 COLLEGE WAY
    FERGUS FALLS,MN56537     		NONE PC GENERAL OPERATING 12,000
    Total .................................bullet 3a 277,388
    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 90,214  
    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 ............     		    18 999,138  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aGRANT RECOVERY     		    1 10,500  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   1,099,852  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,099,852
    (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:
    R L & A C DELL CHARITABLE TRUST UMA
    EIN:
    41-6046675
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 1,500     1,500

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    R L & A C DELL CHARITABLE TRUST UMA
    EIN:
    41-6046675
    Name of Stock End of Year Book Value End of Year Fair Market Value
    G47791101 INGERSOLL RAND PLC    
    458140100 INTEL CORP    
    92939U106 WEC ENERGY GROUP INC 11,571 17,762
    00206R102 ATT INC 17,386 13,776
    G1151C101 ACCENTURE PLC CL A 17,569 29,517
    580135101 MCDONALDS CORP 11,664 18,883
    931142103 WAL MART STORES INC 88,941 98,743
    G5960L103 MEDTRONIC PLC 66,551 76,141
    88579Y101 3M CO    
    231021106 CUMMINS INC 11,684 16,578
    110122108 BRISTOL MYERS SQUIBB 27,013 29,650
    125896100 C M S ENERGY CORP 8,147 12,141
    438516106 HONEYWELL INTERNATIO 23,772 46,581
    91324P102 UNITED HEALTH GROUP 50,361 64,174
    58933Y105 MERCK AND CO INC 41,628 57,260
    12572Q105 CME GROUP INC 14,758 22,938
    02079K305 ALPHABET INC CL A 27,254 78,869
    09247X101 BLACKROCK INC 10,293 20,925
    46625H100 J P MORGAN CHASE CO 133,943 178,279
    65339F101 NEXTERA ENERGY INC 8,110 20,985
    253868103 DIGITAL REALTY TRUST 18,396 23,856
    28176E108 EDWARDS LIFESCIENCES 16,363 25,818
    70450Y103 PAYPAL HOLDINGS INC 20,901 122,955
    532457108 ELI LILLY CO 16,472 31,573
    701094104 PARKER HANNIFIN CORP 9,073 20,431
    17275R102 CISCO SYSTEMS INC 34,478 48,420
    949746101 WELLS FARGO CO    
    922908710 VANGUARD 500 INDEX A 608,508 1,086,336
    494368103 KIMBERLY CLARK CORP 19,222 20,359
    693475105 P N C FINANCIAL SERV 19,036 31,588
    872540109 TJX COMPANIES INC    
    464288778 ISHARES DOW JONES US 23,248 23,169
    74144T108 T ROWE PRICE GROUP I 14,682 24,071
    166764100 CHEVRON CORPORATION 49,680 38,003
    20030N101 COMCAST CORP CL A 38,980 60,050
    311900104 FASTENAL CO    
    907818108 UNION PACIFIC CORP 30,079 55,387
    539830109 LOCKHEED MARTIN CORP 34,997 46,147
    778296103 ROSS STORES INC    
    037833100 APPLE INC 35,812 201,423
    717081103 PFIZER INC    
    94106L109 WASTE MGMT INC 12,156 23,232
    060505104 BANK OF AMERICA CORP 141,593 157,764
    867224107 SUNCOR ENERGY INC    
    30231G102 EXXON MOBIL CORP    
    30040W108 EVERSOURCE ENERGY 9,670 14,966
    718172109 PHILIP MORRIS INTL 26,063 21,939
    254687106 DISNEY WALT CO    
    478160104 JOHNSON JOHNSON 55,632 76,487
    713448108 PEPSICO INC 21,459 31,736
    882508104 TEXAS INSTRUMENTS IN 17,236 47,269
    835495102 SONOCO PRODS CO 9,163 11,317
    25746U109 DOMINION RESOURCES I    
    22822V101 CROWN CASTLE INTL CO 7,141 12,735
    H1467J104 CHUBB LTD 80,149 88,042
    892356106 TRACTOR SUPPLY CO    
    92826C839 VISA INC    
    025537101 AMERICAN ELECTRIC PO 12,786 15,988
    571748102 MARSH MCLENNAN COS I 18,743 34,047
    742718109 PROCTER GAMBLE CO 27,977 44,107
    053015103 AUTOMATIC DATA PROCE 10,699 22,025
    594918104 MICROSOFT CORP 182,520 268,683
    437076102 HOME DEPOT INC 26,566 51,265
    482480100 KLA TENCOR CORPORATI 14,014 35,730
    91913Y100 VALERO ENERGY CORP    
    09857L108 BOOKING HOLDINGS INC    
    071813109 BAXTER INTERNATIONAL 10,696 12,999
    695156109 PACKAGING CORP AMERI 7,228 9,240
    98389B100 X CEL ENERGY INC 12,497 17,134
    20825C104 CONOCOPHILLIPS 17,829 10,557
    512807108 LAM RESEARCH CORP 13,667 43,449
    023608102 AMEREN CORP 11,032 14,988
    02079K107 ALPHABET INC CL C    
    11135F101 BROADCOM INC 31,479 56,045
    427866108 THE HERSHEY COMPANY 7,621 11,120
    74251V102 PRINCIPAL FINANCIAL    
    459200101 INTERNATIONAL BUSINE 46,969 41,666
    375558103 GILEAD SCIENCES INC 64,555 60,066
    30303M102 FACEBOOK INC A 42,682 76,758
    911312106 UNITED PARCEL SERVIC 13,377 21,050
    92343V104 VERIZON COMMUNICATIO 29,239 28,670
    855244109 STARBUCKS CORP    
    H01301128 ALCON INC    
    67066G104 NVIDIA CORP    
    89832Q109 TRUIST FINL CORP    
    285512109 ELECTRONIC ARTS INC 17,057 25,704
    020002101 ALLSTATE CORP 31,621 33,309
    55261F104 M T BANK CORP    
    609207105 MONDELEZ INTERNATION 9,566 12,863
    260557103 DOW INC    
    217204106 COPART INC COM 39,640 57,517
    12514G108 CDW CORP DE    
    002824100 ABBOTT LABORATORIES 9,979 13,248
    244199105 DEERE CO. 12,210 19,641
    87612E106 TARGET CORP 94,711 121,276
    110122157 BRISTOL MYERS SQUIBB    
    620076307 MOTOROLA SOLUTIONS I    
    78409V104 S P GLOBAL INC 15,121 18,738
    339041105 FLEETCOR TECHNOLOGIE    
    665859104 NORTHERN TR CORP 23,986 23,658
    666807102 NORTHROP GRUMMAN COR 15,379 13,712
    595112103 MICRON TECHNOLOGY IN 61,717 80,367
    461202103 INTUIT INC 26,488 28,489
    177376100 CITRIX SYSTEMS INC 11,410 11,189
    87918A105 TELADOC INC 49,980 55,389
    718546104 PHILLIPS 66 10,520 10,911
    57667L107 MATCH GROUP INC NEW 96,182 111,881
    012653101 ALBEMARLE CORP 41,484 50,599
    92556V106 VIATRIS INC 62,261 75,354
    81762P102 SERVICENOW INC 16,018 17,614
    89400J107 TRANSUNION 49,105 53,380
    G29183103 EATON CORP PLC 14,605 18,742
    808513105 SCHWAB CHARLES CORP 77,486 90,645
    053611109 AVERY DENNISON CORP 9,364 11,633
    G8994E103 TRANE TECHNOLOGIES P 15,107 31,790
    902252105 TYLER TECHNOLOGIES I 28,206 29,683
    26875P101 E O G RES INC 11,383 10,922
    233331107 D T E ENERGY CO 8,050 10,927
    032654105 ANALOG DEVICES INC 23,300 29,398
    723484101 PINNACLE WEST CAP CO 5,553 5,756
    22160K105 COSTCO WHSL CORP 51,946 51,996
    278865100 ECOLAB INC 61,140 63,826
    57636Q104 MASTERCARD INC 29,131 31,411
    893641100 TRANSDIGM GROUP INC 59,257 65,598
    053484101 AVALONBAY CMNTYS INC 10,947 7,701
    26441C204 DUKE ENERGY HOLDING 5,611 5,768
    03027X100 AMERICAN TOWER CORP 75,631 70,705
    278642103 EBAY INC. 21,581 23,668
    G6095L109 APTIV PLC 23,482 27,882
    H84989104 TE CONNECTIVITY LTD 10,120 14,165
    023135106 AMAZON.COM INC 162,180 169,360
    56585A102 MARATHON PETROLEUM C 61,761 68,947
    086516101 BEST BUY CO INC 9,326 8,881
    15135B101 CENTENE CORP COM 88,861 77,319
    127097103 CABOT OIL GAS CORP C 25,063 23,394
    79466L302 SALESFORCE COM INC 46,214 41,391
    76680R206 RINGCENTRAL INC 52,382 65,562
    30225T102 EXTRA SPACE STORAGE 9,675 12,049
    776696106 ROPER INDS INC 24,024 26,296
    31620M106 FIDELITY NATL INFORM 14,119 14,853
    88339J105 TRADE DESK INC THE C 24,485 26,433

    TY 2020 LegalFeesSchedule
    Name:
    R L & A C DELL CHARITABLE TRUST UMA
    EIN:
    41-6046675
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES - PRINCIPAL (ALLOCA 5,372     2,686


    TY 2020 OtherAssetsSchedule
    Name:
    R L & A C DELL CHARITABLE TRUST UMA
    EIN:
    41-6046675
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ACCRUED INCOME   0 0
    000000000 MISCELLANEOUS ENTRY 280 97 97


    TY 2020 OtherDecreasesSchedule
    Name:
    R L & A C DELL CHARITABLE TRUST UMA
    EIN:
    41-6046675
    Description Amount
    PY RETURN OF CAPITAL ADJ 8,962
    MYLAN CORPORATE ACTION ADJUSTMENT 1,090
    COST BASIS ADJ 342


    TY 2020 OtherExpensesSchedule
    Name:
    R L & A C DELL CHARITABLE TRUST UMA
    EIN:
    41-6046675
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    STATE FILING FEE/TAX 25 0   25


    TY 2020 OtherIncomeSchedule2
    Name:
    R L & A C DELL CHARITABLE TRUST UMA
    EIN:
    41-6046675
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    GRANT RECOVERY 10,500 0  


    TY 2020 OtherIncreasesSchedule
    Name:
    R L & A C DELL CHARITABLE TRUST UMA
    EIN:
    41-6046675
    Description Amount
    ROC ON CY SALES 1,019


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    R L & A C DELL CHARITABLE TRUST UMA
    EIN:
    41-6046675
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER EXPENSE (NON-DEDUCTIBLE 10,922 9,830   1,092


    TY 2020 TaxesSchedule
    Name:
    R L & A C DELL CHARITABLE TRUST UMA
    EIN:
    41-6046675
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 42 42   0
    FEDERAL TAX PAYMENT - PRIOR YE 1,661 0   0
    FEDERAL ESTIMATES - PRINCIPAL 5,484 0   0