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
THOMAS F AND ANITA J VELDMAN FAMILY
FOUNDATION INC
Number and street (or P.O. box number if mail is not delivered to street address)1103 NORTH NOTRE DAME AVENUE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SOUTH BEND, IN46617
A Employer identification number

47-1250013
B Telephone number (see instructions)

(574) 287-2316
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$9,372,706J 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) 348,064
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 208,301 208,301  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 379,950
b Gross sales price for all assets on line 6a 1,641,291
7 Capital gain net income (from Part IV, line 2)... 379,950
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)....... Click to see attachment 90 90  
12 Total. Add lines 1 through 11........ 936,405 588,341  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 3,700 1,850   1,850
c Other professional fees (attach schedule).... Click to see attachment 21,731 21,731   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 3,533 3,533   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 1,034 1,034   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 29,998 28,148   1,850
25 Contributions, gifts, grants paid....... 450,000 450,000
26 Total expenses and disbursements. Add lines 24 and 25 479,998 28,148   451,850
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 456,407
b Net investment income (if negative, enter -0-) 560,193
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.............      
2 Savings and temporary cash investments......... 114,953 120,386 120,386
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 5,035,330 Click to see attachment4,915,004 6,441,300
c Investments—corporate bonds (attach schedule)....... 2,081,742 Click to see attachment2,298,781 2,418,425
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 405,521 Click to see attachment398,193 392,595
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) 7,637,546 7,732,364 9,372,706
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) Click to see attachment110,000 Click to see attachment0
23 Total liabilities (add lines 17 through 22)......... 110,000 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 7,527,546 7,732,364
29 Total net assets or fund balances (see instructions)..... 7,527,546 7,732,364
30 Total liabilities and net assets/fund balances (see instructions). 7,637,546 7,732,364
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
7,527,546
2
Enter amount from Part I, line 27a .....................
2
456,407
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
218
4
Add lines 1, 2, and 3 ..........................
4
7,984,171
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
251,807
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
7,732,364
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 PUBLICLY TRADED SECURITIES      
b CAPITAL GAINS DIVIDENDS P    
c
d
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 1,638,496   1,261,341 377,155
b 2,795     2,795
c
d
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       377,155
b       2,795
c
d
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 2 379,950
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 7,787
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 7,787
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 7,787
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 12,914
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 12,914
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 5,127
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet5,127 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)
    bulletIN
    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 addressbulletN/A
    14
    The books are in care ofbulletTHOMAS VELDMAN Telephone no.bullet (574) 287-2316

    Located atbullet1103 NORTH NOTRE DAME AVENUESOUTH BENDIN ZIP+4bullet46617
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    THOMAS F VELDMAN PRESIDENT
    1.00     		0 0 0
    1103 NORTH NOTRE DAME AVENUE
    SOUTH BEND,IN46617
    ANITA J VELDMAN SECRETARY/TREASURER
    1.00     		0 0 0
    1103 NORTH NOTRE DAME AVENUE
    SOUTH BEND,IN46617
    PETER B VELDMAN DIRECTOR
    1.00     		0 0 0
    1103 NORTH NOTRE DAME AVENUE
    SOUTH BEND,IN46617
    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
    7,888,984
    b
    Average of monthly cash balances.......................
    1b
    62,190
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    7,951,174
    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
    7,951,174
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    119,268
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    7,831,906
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    391,595
    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
    391,595
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    7,787
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    7,787
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    383,808
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    383,808
    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
    383,808
    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
    451,850
    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
    451,850
    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
    451,850
    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 7 383,808
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 8,993
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 451,850
    a Applied to 2019, but not more than line 2a 8,993
    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..... 383,808
    e Remaining amount distributed out of corpus 59,049
    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 59,049
    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 ......     		59,049
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020.... 59,049
    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).)
    THOMAS F VELDMAN
    ANITA J VELDMAN
    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
    UNIVERSITY OF NOTRE DAME
    1100 GRACE HALL
    SOUTH BEND,IN46556     		  PC EDUCATIONAL 450,000
    Total .................................bullet 3a 450,000
    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....     14 208,301  
    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.....     01 90  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 379,950  
    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).. 0 588,341 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    588,341
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2020)
    Additional Data


    Software ID:  
    Software Version:  


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

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

    47-1250013
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    THOMAS F AND ANITA J VELDMAN FAMILY
    FOUNDATION INC         		Employer identification number
    47-1250013
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    THOMAS F AND ANITA J VELDMAN
    1103 NOTRE DAME AVE
     
    SOUTH BEND, IN46617

    		$ 348,064


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

    		$  


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

    		$  


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

    		$  


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

    		$  


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

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    THOMAS F AND ANITA J VELDMAN FAMILY
    FOUNDATION INC         		Employer identification number

    47-1250013
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 PUBLICLY TRADED SECURITIES $ 348,064 2020-12-09
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    THOMAS F AND ANITA J VELDMAN FAMILY
    FOUNDATION INC         		Employer identification number

    47-1250013
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2020 AccountingFeesSchedule
    Name:
    THOMAS F AND ANITA J VELDMAN FAMILY
     
    FOUNDATION INC
    EIN:
    47-1250013
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 3,700 1,850   1,850

    TY 2020 GeneralExplanationAttachment
    Name:
    THOMAS F AND ANITA J VELDMAN FAMILY
     
    FOUNDATION INC
    EIN:
    47-1250013
    Identifier Return Reference Explanation
    AMOUNTS SET ASIDE FOR CHARITABLE PURPOSES THAT SATISFY THE CASH DISTR. TEST FORM 990-PF, PART XII, LINE 3B THE FOLLOWING PROVIDES AN UPDATE TO THE SET ASIDE AMOUNT AS INITIALLY REPORTED ON THE 2017 RETURN.THE THOMAS F. AND ANITA J. VELDMAN FAMILY FOUNDATION, INC. (THE "FOUNDATION") WAS FORMED IN 2014. THE FOUNDATION WAS CREATED FOR THE FOLLOWING THREE PRIMARY PURPOSES: 1) IMPROVING THE LIVES OF PEOPLE IN NEED; 2) PROMOTING EDUCATION AT ALL LEVELS, WITH A PARTICULAR (BUT NOT EXCLUSIVE) FOCUS ON EDUCATION OF UNDERSERVED POPULATIONS AND ON CATHOLIC EDUCATION; AND 3) SUPPORTING COMMUNITY HEALTH PROGRAMS, MEDICAL RESEARCH, INNOVATION IN HEALTHCARE, AND ADVANCES IN CLINICAL EXCELLENCE.DURING 2017, THE BOARD OF DIRECTORS OF THE FOUNDATION DECIDED TO CREATE A SET ASIDE OF $330,000 TO BE PAID OUT IN EQUAL ANNUAL INSTALLMENTS OVER A THREE-YEAR PERIOD FROM 2018 THROUGH 2020. THIS SET ASIDE HAS BEEN USED TO FUND THE THOMAS F. AND ANITA J. VELDMAN DONOR ADVISED RETAINED FUND HELD AT THE UNIVERSITY OF NOTRE DAME.THROUGH THE DONOR ADVISED FUND, THE FOUNDATION HAS FUNDED THE PROGRAM ON CHURCH, STATE & SOCIETY AT THE NOTRE DAME LAW SCHOOL. A GIFT AGREEMENT ESTABLISHING THIS GRANT RELATIONSHIP WAS SIGNED ON FEBRUARY 8, 2018 BETWEEN THE DONOR ADVISED FUND AND THE NOTRE DAME LAW SCHOOL INDICATING THE INTENTION TO CONTRIBUTE A TOTAL OF $330,000 OVER A THREE-YEAR PERIOD FROM 2018 THROUGH 2020. THE THREE-YEAR PAYOUT ALLOWS FOR SEMI-ANNUAL REPORTING ON THE PROGRAM'S ACCOMPLISHMENTS AND PROGRESS ON EFFORTS TO PERMANENTLY ENDOW THE PROGRAM. THE FOUNDATION'S PLANNED FUNDING HAD NOT BEEN ACCOMPLISHED BEFORE THE END OF 2017, THE YEAR IN WHICH THE SET ASIDE WAS MADE. AS OF DECEMBER 31, 2020, THE FOUNDATION HAS PAID ALL FUNDS SET ASIDE FOR THE DONOR ADVISED FUND AT THE UNIVERSITY OF NOTRE DAME. THIS FUNDING HAS BEEN MADE IN ACCORDANCE WITH THE REGULATIONS THAT STATE THAT ALL PAYMENTS FOR THE SET ASIDE PROJECT SHALL BE MADE WITHIN 60 MONTHS OF THE DATE OF THE SET ASIDE.DISTRIBUTABLE AMOUNTS DETERMINED UNDER CODE SECTION 4942(D) FOR ANY PAST TAXABLE YEARS IN THE FOUNDATION'S START-UP AND FULL PAYMENT PERIODS ARE AS FOLLOWS:2015 = $99,9442016 = $172,8222017 = $269,0112018 = $403,1222019 = $404,1202020 = $383,804THE AGGREGATE AMOUNT OF ACTUAL PAYMENTS MADE IN CASH FOR CHARITABLE PURPOSES DURING EACH TAXABLE YEAR IN THE FOUNDATION'S START-UP AND FULL-PAYMENT PERIOD ARE AS FOLLOWS:2015 = $23,5502016 = $101,2502017 = $1,2502018 = $564,4262019 = $561,8502020 = $561,850

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    THOMAS F AND ANITA J VELDMAN FAMILY
     
    FOUNDATION INC
    EIN:
    47-1250013
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ABBVIE INC. 2.9% 11/06/2022 USD SER B SR LIEN 49,644 52,526
    ADOBE INC 2.3% 02/01/2030 USD SR LIEN 44,865 49,138
    AMAZON.COM INC 3.3% 12/05/2021 USD SR LIEN 50,201 51,271
    AMERICAN EXPRESS COMPANY 3.4% 02/27/2023 USD SR LIEN 49,955 53,764
    BANK OF AMERICA CORPORATION HYBRID MTN 03/05/2024 USD SR LIEN CPN 03/05/18 3 50,000 53,986
    BLACKROCK, INC. 2.4% 04/30/2030 USD SR LIEN 14,988 16,460
    CAPITAL ONE FINANCIAL CO 4.25% 04/30/2025 USD SR LIEN 49,997 57,425
    CATERPILLAR FINANCIAL SERVICES MTN 2.9% 03/15/2021 SR LIEN 49,973 50,687
    CNA FINANCIAL CORPORATION 3.95% 05/15/2024 USD SR LIEN 50,413 55,531
    COMCAST CORP 3.95% 10/15/2025 USD SR LIEN 49,939 57,861
    DUKE ENERGY CAROLINAS 2.5% 03/15/2023 USD SR LIEN 49,325 52,551
    EQUINOR ASA 1.75% 01/22/2026 USD SR LIEN 29,880 31,746
    ESTEE LAUDER CO INC 2.375% 12/01/2029 USD SR LIEN 24,762 27,074
    GS HIGH YIELD FLOATING RATE FUND CLASS P 334,382 320,860
    GS HIGH YIELD FUND CLASS P 376,641 382,362
    INGERSOLL-RAND GLOBAL HOLDING 2.9% 02/21/2021 SR LIEN 49,919 50,682
    INTEL CORPORATION 2.45% 11/15/2029 USD SR LIEN 24,967 27,197
    JOHN DEERE CAPITAL CORPORATION MTN 3.45% 03/13/2025 USD SR LIEN 49,985 56,524
    JPMORGAN CHASE & CO. HYBRID 04/23/2024 USD SR LIEN CPN 04/23/18 3.559% 50,000 53,927
    LOWE'S COMPANIES INC 3.125% 09/15/2024 USD SR LIEN 49,516 54,785
    MCDONALD'S CORPORATION MTN 3.35% 04/01/2023 USD SR LIEN 49,981 53,683
    MICROSOFT CORPORATION 3.125% 11/03/2025 USD SR LIEN 50,139 50,534
    MIDAMERICAN ENERGY CO 3.65% 04/15/2029 USD SR LIEN 49,956 59,772
    MITSUBISHI UFJ FINANCIAL GROUP 3.455% 03/02/2023 USD SR LIEN 50,000 53,846
    MORGAN STANLEY HYBRID 04/24/2024 USD SR LIEN CPN 04/24/18 3.737% 50,000 54,146
    NATIONAL RURAL UTIL COOP MTN 2.9% 03/15/2021 SR LIEN 49,945 50,678
    NORTHERN TRUST CORPORATION HYBRID 05/08/2032 USD JRSUB LIEN CPN 05/08/17 3.3 49,024 55,073
    PACCAR FINANCIAL CORP MTN 1.8% 02/06/2025 USD SR LIEN 29,976 31,649
    PROCTER & GAMBLE CO/THE 1.2% 10/29/2030 SR LIEN 29,865 30,102
    ROYAL BANK OF CANADA MTN 3.2% 04/30/2021 SR LIEN 49,965 50,746
    SHELL INTERNATIONAL FINANCE B. 2.0% 11/07/2024 USD SR LIEN 24,929 26,418
    SPIRIT REALTY LP 3.2% 02/15/2031 USD SR LIEN 9,900 10,755
    STARBUCKS CORP 3.1% 03/01/2023 USD SR LIEN 49,984 53,334
    SUNTRUST BANKS INC 4.0% 05/01/2025 USD SR LIEN 49,936 56,951
    TD AMERITRADE HOLDING CO 3.75% 04/01/2024 USD SR LIEN 49,890 55,362
    TEXAS INSTRUMENTS INC 2.25% 09/04/2029 USD SR LIEN 24,601 27,121
    TORONTO-DOMINION BANK (THE) MTN 3.25% 06/11/2021 SR LIEN 15,197 15,225
    TORONTO-DOMINION BANK (THE) MTN 3.5% 07/19/2023 USD SR LIEN 31,347 32,938
    UNITED PARCEL SERVICE, INC. 3.4% 03/15/2029 USD SR LIEN 24,971 29,377
    VERIZON COMMUNICATIONS, INC. 1.75% 01/20/2031 SR LIEN 29,864 29,910
    WALMART INC. 3.25% 07/08/2029 USD SR LIEN 24,971 29,486
    WASTE MANAGEMENT INC 1.5% 03/15/2031 SR LIEN 4,988 4,962

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    THOMAS F AND ANITA J VELDMAN FAMILY
     
    FOUNDATION INC
    EIN:
    47-1250013
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABB LTD SPONSORED ADR CMN 9,680 12,722
    ALBEMARLE CORP CMN 5,792 13,311
    ALLIANZ SE ADR CMN 11,394 16,453
    AT&T INC. CMN 23,818 23,008
    AXALTA COATING SYSTEMS LTD. CMN 22,253 22,840
    BANCO SANTANDER, S.A. SPON ADR 22,814 15,765
    BANK OF AMERICA CORP CMN 13,424 23,217
    BERKSHIRE HATHAWAY INC. CLASS B 22,639 25,506
    BP P.L.C. SPONSORED ADR CMN 17,891 10,732
    CHINA MOBILE LIMITED SPONSORED ADR CMN 19,285 10,217
    CK HUTCHISON HLDGS LTD ADR CMN 26,618 17,463
    COMPAGNIE DE SAINT-GOBAIN UNSPONSORED ADR CMN 14,275 19,198
    CONTINENTAL AKTIENGESELLSCHAFT ADR 16,413 20,474
    CORNING INCORPORATED CMN 8,853 10,800
    DENSO CORP ADR ADR CMN 2,312 3,505
    DUPONT DE NEMOURS INC CMN 17,256 24,889
    ENEL SOCIETA PER AZIONI ADR CMN 7,565 18,308
    ENI S.P.A SPON ADR SPONSORED ADR CMN 17,186 10,485
    FEDEX CORPORATION CMN 17,031 23,366
    FIREEYE, INC. CMN 17,636 28,825
    FUJIFILM HOLDINGS CORPORATION ADR CMN 11,268 14,959
    GENERAL MOTORS COMPANY CMN 18,498 22,902
    GLAXOSMITHKLINE PLC SPONSORED ADR CMN 16,010 14,364
    GRAPHIC PACKAGING HLDGCO CMN 15,979 22,105
    GS GQG PARTNERS INTERNATIONAL OPPORTUNITIES FU CLASS P 360,679 363,943
    HANESBRANDS INC. CMN 22,219 18,225
    HONDA MTR LTD (AMER SHS) ADR CMN 16,966 16,187
    ISHARES MSCI EAFE INTERNATIONAL INDEX FUND K SHARES 337,901 337,947
    ISHARES RUSSELL 2000 ETF 426,980 613,668
    ISHARES S&P 500 INDEX FUND CLASS G 2,042,214 3,145,524
    ISUZU MOTORS LTD ADR ADR CMN 1,381 1,016
    KINGFISHER PLC SPONSORED ADR CMN 16,873 15,102
    KYOCERA CORP ADR SPONSORED ADR CMN 16,683 16,482
    LIONS GATE ENTERTAINMENT CORP. CMN CLASS A 7,384 9,096
    LIONS GATE ENTERTAINMENT CORP. CMN CLASS B 30,063 20,760
    LLOYDS BANKING GROUP PLC SPONSORED ADR CMN 22,141 13,955
    MERCK & CO., INC. CMN 9,516 10,141
    MICRON TECHNOLOGY, INC. CMN 17,536 30,072
    MITSUBISHI ELECTRIC CORP (ADR) ADR CMN 14,225 16,649
    NATURGY ENERGY GROUP SA ADR CMN 4,473 5,234
    NIPPON TELEG & TEL SPON ADR SPONSORED ADR CMN (1 ADR = 1/2 COMMON SHS) 12,995 15,144
    NOVARTIS AG-ADR SPONSORED ADR CMN 8,354 11,993
    PFIZER INC. CMN 20,472 22,086
    QBE INSURANCE GROUP LIMITED SPONSORED ADR CMN 10,369 7,793
    REGIONS FINANCIAL CORPORATION CMN 23,378 22,785
    ROYAL DUTCH SHELL PLC SPONSORED ADR CMN SERIES B 21,565 14,923
    SANOFI SPONSORED ADR CMN 13,437 15,889
    SINGAPORE TELECOMMUNICATIONS L SPONSORED ADR CMN 10,014 6,619
    SONY GROUP CORPORATION SPONSORED ADR CMN 8,420 12,435
    SPDR DJ WILSHIRE GLOBAL REAL ESTATE ETF EXCHANGE TRADED FUND 381,356 362,082
    SSE PLC SPONSORED ADR CMN 14,859 19,745
    STARBUCKS CORP. CMN 5,554 10,698
    STATE STREET EMERGING MARKETS EQUITY INDEX FUND K CLASS 220,311 337,312
    STATE STREET HEDGED INTERNATIONAL DEVELOPED EQUITY INDEX FUND CLASS K 246,770 303,867
    TAIWAN SEMICONDUCTOR MFG ADS LTD ADS 1ADS EQUALS 5ORDS 5,731 21,879
    TAKEDA PHARMACEUTICAL CO LTD SPONSORED ADR CMN 20,713 18,455
    TELIA CO AB UNSPONSORED ADR CMN 16,200 14,886
    TESCO PLC (SPONSORED) ADR SPONSORED ADR CMN 13,647 17,915
    TOKIO MARINE HOLDINGS, INC. ADR CMN 12,266 15,269
    UNITED OVERSEAS BK LTD SPONSORED ADR CMN 10,508 11,999
    URBAN OUTFITTERS INC CMN 15,816 17,920
    VIACOMCBS INC CMN CLASS B 23,941 18,188
    VIATRIS INC CMN 919 1,162
    WALT DISNEY COMPANY (THE) CMN 6,183 10,871
    WESTINGHOUSE AIR BRAKE TECHNOL CMN 18,427 21,960
    WH GROUP LIMITED SPONSORED ADR CMN 14,271 15,089
    WPP PLC ADR CMN 14,112 9,734
    WPX ENERGY, INC. CMN 17,009 16,300
    ZURICH INS GROUP LTD SPONSORED ADR CMN 4,283 6,887

    TY 2020 InvestmentsOtherSchedule2
    Name:
    THOMAS F AND ANITA J VELDMAN FAMILY
     
    FOUNDATION INC
    EIN:
    47-1250013
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    GS TACTICAL TILT OVERLAY FUND CLASS P AT COST 398,193 392,595

    TY 2020 OtherDecreasesSchedule
    Name:
    THOMAS F AND ANITA J VELDMAN FAMILY
     
    FOUNDATION INC
    EIN:
    47-1250013
    Description Amount
    DONATED STOCK ADJUSTED TO DONOR BASIS 251,807


    TY 2020 OtherExpensesSchedule
    Name:
    THOMAS F AND ANITA J VELDMAN FAMILY
     
    FOUNDATION INC
    EIN:
    47-1250013
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MISCELLANEOUS EXPENSES 1,034 1,034   0


    TY 2020 OtherIncomeSchedule2
    Name:
    THOMAS F AND ANITA J VELDMAN FAMILY
     
    FOUNDATION INC
    EIN:
    47-1250013
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    SECURITIES LITIGATION INCOME 90 90 90


    TY 2020 OtherIncreasesSchedule
    Name:
    THOMAS F AND ANITA J VELDMAN FAMILY
     
    FOUNDATION INC
    EIN:
    47-1250013
    Description Amount
    NONTAXABLE DISTRIBUTIONS 218


    TY 2020 OtherLiabilitiesSchedule
    Name:
    THOMAS F AND ANITA J VELDMAN FAMILY
     
    FOUNDATION INC
    EIN:
    47-1250013
    Description Beginning of Year - Book Value End of Year - Book Value
    SET ASIDE OBLIGATION 110,000 0


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    THOMAS F AND ANITA J VELDMAN FAMILY
     
    FOUNDATION INC
    EIN:
    47-1250013
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 21,731 21,731   0


    TY 2020 TaxesSchedule
    Name:
    THOMAS F AND ANITA J VELDMAN FAMILY
     
    FOUNDATION INC
    EIN:
    47-1250013
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES PAID 3,533 3,533   0