Form990-PF
Click to see attachment

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
MARGARET A ROBERTS CHARITABLE FOUNDATION
C/O SARAH M LINSLEY SUITE 4000
Number and street (or P.O. box number if mail is not delivered to street address)QUARLES BRADY LLP300 N LASALLE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL60654
A Employer identification number

36-7238483
B Telephone number (see instructions)

(312) 715-5075
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$9,233,677J 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... 158,736 157,273  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 496,148
b Gross sales price for all assets on line 6a 4,270,687
7 Capital gain net income (from Part IV, line 2)... 496,148
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 654,884 653,421  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 15,000 0   15,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 5,683 0   5,683
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 42,762 42,762   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 14,425 3,806   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 672 657   15
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 78,542 47,225   20,698
25 Contributions, gifts, grants paid....... 496,000 496,000
26 Total expenses and disbursements. Add lines 24 and 25 574,542 47,225   516,698
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 80,342
b Net investment income (if negative, enter -0-) 606,196
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 32,756 130,348 130,348
2 Savings and temporary cash investments......... 132,404 196,919 196,919
3 Accounts receivable bullet1,844
Less: allowance for doubtful accounts bullet   3,156 1,844  
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 4,108,956 Click to see attachment4,241,060 5,453,314
c Investments—corporate bonds (attach schedule)....... 2,133,111 Click to see attachment2,149,797 2,245,743
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,398,363 Click to see attachment1,169,124 1,207,353
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 7,808,746 7,889,092 9,233,677
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 7,808,746 7,889,092
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........    
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)..... 7,808,746 7,889,092
30 Total liabilities and net assets/fund balances (see instructions). 7,808,746 7,889,092
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
7,808,746
2
Enter amount from Part I, line 27a .....................
2
80,342
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
4
4
Add lines 1, 2, and 3 ..........................
4
7,889,092
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
7,889,092
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 PTS ST COVERED P   2020-12-31
b PTS LT COVERED P   2020-12-31
c PTS LT NON COVERED P   2020-12-31
d CAPITAL GAINS DIVIDENDS P    
e
(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 880,270   943,817 -63,547
b 3,004,791   2,604,732 400,059
c 342,606   225,990 116,616
d 43,020     43,020
e
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       -63,547
b       400,059
c       116,616
d       43,020
e
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 2 496,148
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 8,426
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 8,426
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 8,426
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 9,600
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 9,600
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 5
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 1,169
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet1,169 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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletIL
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
     
    No
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletNONE
    14
    The books are in care ofbulletTHOMAS G HESSE TRUSTEE Telephone no.bullet (316) 744-3276

    Located atbullet4215 E 93RD NORTHVALLEY CENTERKS ZIP+4bullet67147
    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
    SUSAN SHAWN ROBERTS TRUSTEE
    0.25     		0 0 0
    1076 DOLORES STREET
    SAN FRANCISCO,CA94110
    MICHAEL J ROBERTS TRUSTEE
    0.25     		0 0 0
    C/O S LINSLEY 300 N LASALLE 4000
    CHICAGO,IL60654
    THOMAS G HESSE TRUSTEE
    10.00     		15,000 0 0
    4215 E 93RD N
    VALLEY CENTER,KS67147
    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.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    8,273,580
    b
    Average of monthly cash balances.......................
    1b
    297,667
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    8,571,247
    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
    8,571,247
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    128,569
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    8,442,678
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    422,134
    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
    422,134
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    8,426
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    8,426
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    413,708
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    413,708
    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
    413,708
    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
    516,698
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    516,698
    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
    516,698
    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 7 413,708
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016...... 1,786,199
    c From 2017......  
    d From 2018...... 2,464,766
    e From 2019......  
    fTotal of lines 3a through e........ 4,250,965
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 516,698
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 413,708
    e Remaining amount distributed out of corpus 102,990
    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 4,353,955
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		4,353,955
    10 Analysis of line 9:
    a Excess from 2016.... 1,786,199
    b Excess from 2017....  
    c Excess from 2018.... 2,464,766
    d Excess from 2019....  
    e Excess from 2020.... 102,990
    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
    CATHOLIC CHARITIES
    437 N TOPEKA
    WICHITA,KS67202     		N/A PC GENERAL OPERATING SUPPORT 45,000
    CATHOLIC RELIEF SERVICES ROHINGYA REFUGEE WORK
    PO BOX 17090
    BALTIMORE,MD21297     		N/A PC GENERAL OPERATING SUPPORT 20,000
    CENTER FOR VICTIMS OF TORTURE
    2356 UNIVERSITY AVE
    ST PAUL,MN55114     		N/A PC GENERAL OPERATING SUPPORT 170,000
    FAITH BUILDERS
    PO BOX 8336
    WICHITA,KS672081051     		N/A PC GENERAL OPERATING SUPPORT 1,000
    HEARTLAND ALLIANCE MARJORIE KOVLER CNTR
    2208 S LASALLE STE 1300
    CHICAGO,IL60604     		N/A PC GENERAL OPERATING SUPPORT 20,000
    HOLY SAVIOR CATHOLIC CHURCH
    1425 N CHAUTAUQUA
    WICHITA,KS67214     		N/A PC GENERAL OPERATING SUPPORT 60,000
    HOME BOY INDUSTRIES CO STEPHANIE
    130 W BRUNO
    LOS ANGELES,CA90012     		N/A PC GENERAL OPERATING SUPPORT 10,000
    HOPE HAVEN CHARITABLE TRUST
    2417 N PERRY PARK RD
    SEDALIA,CO80135     		N/A PC GENERAL OPERATING SUPPORT 5,000
    KANSAS FOOD BANK
    1919 E DOUGLAS
    WICHITA,KS67211     		N/A PC GENEGENERAL OPERATING SUPPORT 10,000
    LIFE LEARNING ACADEMY
    651 8TH ST TREASURE ISLAND
    SAN FRANCISCO,CA94130     		N/A PC GENERAL OPERATING SUPPORT 30,000
    MISSION NEIGHBORHOOD CENTERCLINICA MARTIN BARO EPS 111-A
    1600 HOLLOWAY AVE
    SAN FRANCISCO,CA94132     		N/A PC GENERAL OPERATING SUPPORT 20,000
    NEWMAN STUDENT CENTER
    512 NORMAL ROAD
    DEKALB,IL60115     		N/A PC GENERAL OPERATING SUPPORT 25,000
    OXFAM AMERICA
    226 CAUSEWAY ST 5TH FLOOR
    BOSTON,MA02114     		N/A PC GENERAL OPERATING SUPPORT 20,000
    ST CLARE OF ASSISI
    31622 US HWY 6
    EDWARDS,CO81632     		N/A PC GENERAL OPERATING SUPPORT 10,000
    SURVIVORS INTL UCSFT TRAUMA RECOVERY CNTR
    2727 MARCPOSA ST STE 100
    SAN FRANCISCO,CA94110     		N/A PC GENERAL OPERATING SUPPORT 20,000
    TORTUTE ABOLITION AND SURVIVOR SUPPORT SERVICES
    4121 HAREWOOD RD NE STE B
    WASHINGTON,DC20017     		N/A PC GENERAL OPERATING SUPPORT 20,000
    WIKI MEDIA FOUNDATION
    1 MONTGOMERY ST STE 1600
    SAN FRANCISCO,CA94101     		N/A PC GENERAL OPERATING SUPPORT 5,000
    YARMOUTH COMMUNITY FOOD PANTRY YCAN
    PO BOX 553
    YARMOUTH,ME04096     		N/A PC GENERAL OPERATING SUPPORT 5,000
    Total .................................bullet 3a 496,000
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 158,736  
    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 ............     		    18 496,148  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 654,884 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    654,884
    (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 GeneralExplanationAttachment
    Name:
    MARGARET A ROBERTS CHARITABLE FOUNDATION
     
    C/O SARAH M LINSLEY SUITE 4000
    EIN:
    36-7238483
    Identifier Return Reference Explanation
      FORM 990-PF PART VII-A LINE 12 IN FEBRUARY 2016, THE FOUNDATION MADE A DISTRIBUTION TO FIDELITY CHARITY FOR CREDIT TO A DONOR ADVISED FUND WITH RESPECT TO WHICH THOMAS H ROBERTS III, A FORMER DIRECTOR OF THE FOUNDATION, IS THE ADVISOR. FIDELITY CHARITY IS A PUBLIC CHARITY. THE DISTRIBUTION HAS BEEN TREATED AS A QUALIFYING DISTRIBUTION AND DISTRIBUTIONS FROM THE DONOR ADVISED FUND ARE LIMITED TO DISTRIBUTIONS PERMITTED UNDER CODE SECTION 170(C)(2)(B). THE FORMER DIRECTOR CONFIRMED THAT HE WILL DIRECT THE USE OF THE FUNDS IN A MANNER CONSISTENT WITH THE PURPOSES SET FORTH IN THE FOUNDATION'S CONTROLLING TRUST AGREEMENT. THE FOUNDATION HAS NO RETAINED POWER TO CONTROL THE DISTRIBUTION OF THESE FUNDS.IN DECEMBER 2018, THE FOUNDATION MADE A DISTRIBUTION TO SAN FRANCISCO FOUNDATION FOR CREDIT TO A DONOR ADVISED FUND WITH RESPECT TO WHICH S SHAWN ROBERTS, A DIRECTOR OF THE FOUNDATION, IS THE ADVISOR. SAN FRANCISCO FOUNDATION IS A PUBLIC CHARITY. THE DISTRIBUTION HAS BEEN TREATED AS A QUALIFYING DISTRIBUTION AND DISTRIBUTIONS FROM THE DONOR ADVISED FUND ARE LIMITED TO DISTRIBUTIONS PERMITTED UNDER CODE SECTION 170(C)(2)(B). THE DIRECTOR CONFIRMED THAT SHE WILL DIRECT THE USE OF THE FUNDS IN A MANNER CONSISTENT WITH THE PURPOSES SET FORTH IN THE FOUNDATION'S CONTROLLING TRUST AGREEMENT. THE FOUNDATION HAS NO RETAINED POWER TO CONTROL THE DISTRIBUTION OF THESE FUNDS.

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    MARGARET A ROBERTS CHARITABLE FOUNDATION
     
    C/O SARAH M LINSLEY SUITE 4000
    EIN:
    36-7238483
    Name of Bond End of Year Book Value End of Year Fair Market Value
    DODGE & COX INCOME FD 270,438 287,903
    DOUBLELINE TOTAL RETURN BD 281,888 276,187
    JP MORGAN CORE BOND FD 926,107 974,366
    JP MORGAN MANAGED INCOME 108,433 108,758
    PIMCO INV GRD CRD BOND 259,686 277,333
    SCHWAB US TIPS ETF 169,590 186,240
    VANGUARD TOT BD MKT IND 133,655 134,956

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    MARGARET A ROBERTS CHARITABLE FOUNDATION
     
    C/O SARAH M LINSLEY SUITE 4000
    EIN:
    36-7238483
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBVIE 17,242 22,716
    ADVANCED MICRO DEVICES 11,994 12,839
    ALPHABET CL A 19,392 49,053
    ALPHABET CL C 8,586 21,032
    AMAZON COM 32,070 87,937
    AMERICAN EXPRESS CO 16,981 17,290
    AMETEK 9,205 11,127
    ANALOG DEVICES 19,468 20,978
    APPLE 12,850 84,125
    ASML HOLDING NY 9,075 15,119
    BANK OF AMERICA 12,210 15,943
    BIOGEN INC 4,465 3,673
    BOOKING HOLDINGS 17,102 22,273
    BOSTON SCIENTIFIC 6,779 11,792
    BRISTOL MYERS SQUIBB 13,381 14,763
    CHARTER COMM A 15,643 27,124
    CHUBB 7,533 13,237
    CITIGROUP 16,169 16,895
    COCA COLA 10,598 12,833
    COMCAST 11,961 13,729
    EDGEWOOD GROWTH FUND 265,536 328,254
    ELI LILLY 12,795 23,131
    ESTEE LAUDER COS 6,555 7,187
    FACEBOOK 18,732 27,043
    FIDELITY 500 INDEX FUND 64,950 87,394
    FIDELITY INTL 500 INDEX FUND 516,195 540,078
    FIDELITY NATL INFO SERV 9,427 14,570
    FIRSERV 23,423 25,049
    HEALTHCARE SELECT SECTOR 276,654 325,346
    HOME DEPOT 3,387 12,750
    HONEYWELL INTL 8,806 27,438
    INTUIT 10,610 14,434
    INVESCO QQQ TR UNIT SER1 209,264 306,523
    ISHARES MSCI ALL COUNTRY 241,257 307,452
    ISHARES MSCI BRAZIL ETF 81,595 93,416
    ISHARES CORE MSCI EMERGING 276,585 330,921
    ISHARES GLOBAL INFRASRUCTURE 87,135 83,661
    ISHARES MSCI INDIA 85,127 102,963
    ISHARES MSCI JAPAN ETF 178,262 204,301
    ISHARES RUSSELL 1000 VALUE 195,974 213,572
    LAM RESEARCH CORP 14,680 17,002
    LINDE PLC 23,276 31,094
    LOWES COMPANIES 5,524 19,903
    MASTERCARD CL A 5,509 32,125
    MATTHEWS CHINA FUND 88,782 127,426
    MCDONALDS 7,933 8,154
    MERCK 13,865 15,051
    MICROSOFT 17,170 91,637
    MONDELEZ INTL 8,545 12,863
    MORGAN STANLEY 12,118 25,562
    NETFLIX 8,505 14,600
    NEXTERA ENERGY 19,228 28,083
    NORFOLK SOUTHERN 15,936 23,999
    NORTHROP GRUMMAN 23,081 22,549
    NVIDIA 7,511 14,622
    NXP SEMICONDUCTORS 21,754 28,145
    O'REILLY AUTOMOTIVE 10,012 13,577
    OAKMARK INTL 326,263 339,375
    PAYPAL HOLDINGS 20,051 41,922
    PEPSICO 12,062 17,944
    PIONEER NATURAL RESOURCES 11,942 11,731
    PPG INDUSTRIES 12,487 13,268
    PROCTOR GAMBLE 11,363 13,079
    RAYTHEON TECH 13,829 13,372
    SALESFORCE.COM 9,335 13,352
    STANLEY BLACK DECKER 9,028 15,356
    TEXAS INSTRUMENTS 17,426 29,379
    THERMO FISHER SCIENTIFIC 17,612 23,755
    TROWE PR JAPAN FUND 78,032 106,613
    TROWE PR NEW ASIA 113,418 146,097
    UNION PACIFIC 11,563 20,197
    UNITEDHEALTH GROUP INC 11,191 39,627
    VANECK GOLD MINERS 128,619 157,443
    VANGUARD FINANCIALS ETF 232,121 275,810
    VERTEX PHARMACEUTICALS 4,026 7,799
    WASTE CONNECTIONS 4,079 8,103
    WELLS FARGO 9,677 9,839
    WEX INC 8,870 15,061
    YUM BRANDS 13,072 15,958
    ZIMMER BIOMET HLDGS 16,354 21,881
    ZZ-REMAINING AMOUNT OF FMV OVER COST CONTRIBUTED ASSETS 238 0

    TY 2020 InvestmentsOtherSchedule2
    Name:
    MARGARET A ROBERTS CHARITABLE FOUNDATION
     
    C/O SARAH M LINSLEY SUITE 4000
    EIN:
    36-7238483
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    BLACKSTONE ATL MULTI STRAT AT COST 534,327 508,954
    COHEN & STEERS REAL ESTATE AT COST 181,133 157,717
    ISHARES GOLD TRUST AT COST 177,894 239,534
    NEUBERGER BERMAN LONG SHORT AT COST 185,768 213,107
    PIMCO COMMODITY STRTAT AT COST 90,002 88,041

    TY 2020 LegalFeesSchedule
    Name:
    MARGARET A ROBERTS CHARITABLE FOUNDATION
     
    C/O SARAH M LINSLEY SUITE 4000
    EIN:
    36-7238483
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    QUARLES & BRADY LLP-ATTORNEY FEES 5,683 0   5,683


    TY 2020 OtherExpensesSchedule
    Name:
    MARGARET A ROBERTS CHARITABLE FOUNDATION
     
    C/O SARAH M LINSLEY SUITE 4000
    EIN:
    36-7238483
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ILLINOIS CHARITY BUREAU 15 0   15
    POSTAGE 92 92   0
    MISC GOLD TRUST INV FEES 565 565   0


    TY 2020 OtherIncreasesSchedule
    Name:
    MARGARET A ROBERTS CHARITABLE FOUNDATION
     
    C/O SARAH M LINSLEY SUITE 4000
    EIN:
    36-7238483
    Description Amount
    ROUNDING 4


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    MARGARET A ROBERTS CHARITABLE FOUNDATION
     
    C/O SARAH M LINSLEY SUITE 4000
    EIN:
    36-7238483
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    JP MORGAN CHASE-AGENCY FEES & EXPENSES 42,762 42,762   0


    TY 2020 TaxesSchedule
    Name:
    MARGARET A ROBERTS CHARITABLE FOUNDATION
     
    C/O SARAH M LINSLEY SUITE 4000
    EIN:
    36-7238483
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES PAID 3,806 3,806   0
    FEDERAL TAXES PAID 10,619 0   0