Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
ELMER & KAYA BERG FOUNDATION NO 2
 
Number and street (or P.O. box number if mail is not delivered to street address)C/O BELL BANK WEALTH MANAGEMENT 15
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
FARGO, ND58102
A Employer identification number

36-3668256
B Telephone number (see instructions)

(701) 293-2317
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$3,900,303J 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) 25,000
2 Check bullet.............
3 Interest on savings and temporary cash investments 186 186 186
4 Dividends and interest from securities... 85,836 85,836 85,836
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 90,076
b Gross sales price for all assets on line 6a 689,305
7 Capital gain net income (from Part IV, line 2)... 90,076
8 Net short-term capital gain......... 26,069
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule)..... 0  
11 Other income (attach schedule)....... 0    
12 Total. Add lines 1 through 11........ 201,098 176,098 112,091
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... 0      
b Accounting fees (attach schedule)....... Click to see attachment 2,750 2,750 2,750  
c Other professional fees (attach schedule).... Click to see attachment 24,701 24,701 24,701  
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 16,578 16,578 16,578  
19 Depreciation (attach schedule) and depletion... 0    
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 10 10 10  
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 44,039 44,039 44,039 0
25 Contributions, gifts, grants paid....... 212,250 212,250
26 Total expenses and disbursements. Add lines 24 and 25 256,289 44,039 44,039 212,250
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -55,191
b Net investment income (if negative, enter -0-) 132,059
c Adjusted net income (if negative, enter -0-)... 68,052
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......... 90,663 38,736 38,736
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).....   0  
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet     0  
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 1,651,785 Click to see attachment1,529,039 2,087,403
c Investments—corporate bonds (attach schedule)....... 1,612,257 Click to see attachment1,731,739 1,774,164
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet     0  
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........   0  
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet     0  
15 Other assets (describe bullet) 0 0 0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,354,705 3,299,514 3,900,303
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons   0
21 Mortgages and other notes payable (attach schedule)......   0
22 Other liabilities (describe bullet) 0 0
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 3,354,705 3,299,514
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 3,354,705 3,299,514
30 Total liabilities and net assets/fund balances (see instructions). 3,354,705 3,299,514
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
3,354,705
2
Enter amount from Part I, line 27a .....................
2
-55,191
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
3,299,514
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
3,299,514
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 P 2019-08-29 2020-12-30
b PUBLICLY TRADED SECURITIES P 2019-08-29 2020-12-30
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 678,594 0 599,229 79,365
b 10,711 0 0 10,711
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 0 0 0 79,365
b 0 0 0 10,711
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 90,076
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 1,836
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 1,836
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 1,836
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 9,640
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. Part VI Line 7 - Original Return Overpayment: -9640 7 9,640
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
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 7,804
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet7,804 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletND
    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 ofbulletSHANNON GEPHART Telephone no.bullet (704) 451-3073

    Located atbullet15 BROADWAYFARGOND ZIP+4bullet58102
    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
    DAVID R BERG TREASURER
    0.10     		0 0 0
    5910 TRAVIS WOODS COBE
    AUSTIN,TX78738
    RICHARD BERG PRESIDENT
    0.10     		0 0 0
    907 19TH AVE S
    FARGO,ND58103
    LILY BERG VICE PRESIDENT
    0.10     		0 0 0
    907 19TH AVE S
    FARGO,ND58103
    DAVID COLE SECRETARY
    0.10     		0 0 0
    3563 WOODBURY PARK DR S
    FARGO,ND58103
    KIMBERLY PARRISH DIRECTOR
    0.10     		0 0 0
    215 10TH AVE SOUTH UNIT 1008
    MINNEAPOLIS,MN55415
    KAREN BERG-SMITH DIRECTOR
    0.10     		0 0 0
    52 GEARY AVENUE
    FAIRFAX,CA949301225
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    3,532,486
    b
    Average of monthly cash balances.......................
    1b
    52,193
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,584,679
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
    3,584,679
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    53,770
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,530,909
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    176,545
    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
    176,545
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    1,836
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,836
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    174,709
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    174,709
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    174,709
    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
    212,250
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    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
    212,250
    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
    212,250
    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 7 174,709
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 29,169
    b From 2016...... 35,323
    c From 2017...... 10,862
    d From 2018...... 23,343
    e From 2019...... 45,037
    fTotal of lines 3a through e........ 143,734
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 212,250
    a Applied to 2019, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 174,709
    e Remaining amount distributed out of corpus 37,541
    5 Excess distributions carryover applied to 2020.    
    (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 5 181,275
    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......     		 
    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) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		29,169
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		152,106
    10 Analysis of line 9:
    a Excess from 2016.... 35,323
    b Excess from 2017.... 10,862
    c Excess from 2018.... 23,343
    d Excess from 2019.... 45,037
    e Excess from 2020.... 37,541
    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).)
    NONE
    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.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    SHANNON GEPHART BELL BANK WEALTH MA
    15 BROADWAY
    FARGO,ND58102
    (701) 451-3073
    bThe form in which applications should be submitted and information and materials they should include:
    LETTER
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    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
    4 LUV OF DOGS RESCUE
    PO BOX 9283
    FARGO,ND58106     		  PC TO FUND LOCAL OPERATIONS 1,000
    AMERICAN RED CROSS OF RED RIVER VALLEY
    2602 12 ST N
    FARGO,ND58102     		  PC TO FUND LOCALOPERATIONS 1,500
    ANNE CARLSON CENTER FOR CHILDREN
    701 3RD ST NW
    JAMESTOWN,ND58401     		  PC TO FUND GENERAL OPERATIONS 3,000
    BECKER COUNTY FOOD PANTRY
    1308 ROSSMAN AVE
    DETROIT LAKES,MN56501     		  PC TO FUND LOCAL OPERATIONS 1,500
    BEGINNINGS CHILDCARE CENTER
    521 32ND AVE WEST
    WEST FARGO,ND58078     		  PC TO FUND GENERAL OPERATIONS 2,000
    BOYS AND GIRLS CLUB OF DETROIT LAKES
    150 RICHWOOD DRIVE
    DETROIT LAKES,MN56502     		  PC TO ASSIST CHILDREN FOR ACADEMIC IMPROVEMENTDEVELOP CHARACHTER 5,000
    BOYS AND GIRLS CLUB OF THE RED RIVER VALLEY
    2500 18TH ST S
    FARGO,ND58103     		  PC TO FUND GENERAL OPERATIONS 2,000
    CHURCHES UNITED FOR THE HOMELESS
    619 N BROADWAY
    FARGO,ND58102     		  PC TO FUND OPERATIONS TO ASSISST HOMELESS INDIVIDUALS AND FAMILIES 5,000
    CONCORDIA COLLEGE
    901 8TH ST SO
    MOORHEAD,MN56560     		  PC TO FUND SCHOLARSHIP ATNON PROFIT COLLEGE 32,500
    DAILY BREAD
    1720 3RD AVE N
    FARGO,ND58102     		  PC TO FUND FOOD BANK FOR LOW INCOMEPEOPLE 2,000
    DAKOTA BOYS RANCH
    PO BOX 5007
    MINOT,ND58702     		  PC TO FUND GENERALOPERATION 1,000
    DETROIT LAKES COMMUNITY AND CULTURAL CENTER
    826 SUMMIT AVE
    DETROIT LAKES,MN56501     		  PC TO PROVIDE OPERATIONALFUNDS FOR ARTISTIC OPPORTUNITIES 3,000
    FELLOWSHIP OF CHRISTIAN ATHLETES
    171 RUSTAD DR
    KINDRED,ND58051     		  PC TO ASSIST WITH GENERAL OPERATIOS 250
    FIRST LUTHERAN CHURCH
    619 BROADWAY
    FARGO,ND58102     		  PC TO PROVIDE SUPPORT OF BROADCASTMINISTRY 3,500
    FARGO MOORHEAD COMMUNITY THEATRE
    333 4TH ST
    FARGO,ND58103     		  PC TO SUPPORT THE ARTS 1,000
    FRASIER LTD
    2902 UNIVERSITY DR S
    FARGO,ND58103     		  PC TO PROVIDE COUNSELING TOAT RISK INDIVIDUALS 2,000
    GREAT PLAINS FOOD BANK
    1438 10TH ST N
    FARGO,ND58102     		  PC PROVIDE FOOD FORLOW INCOME/HOMELESSFAMILIES/INDIVIDUALS 2,000
    HERO
    5012 53RD ST S
    FARGO,ND58104     		  PC PROVIDE MEDICALEQUIPMENT TO LOW INCOME INDIVIDUALS 1,000
    HISTORIC HOLMES CENTER
    826 SUMMIT AVE
    DETROIT LAKES,MN56501     		  PC TO PROVIDE FUNDS FOR OPERATIONS 4,000
    HOSPICE OF RED RIVER VALLEY
    1701 38TH STREET NW
    FARGO,ND58103     		  PC TO PROVIDE FORGENERAL OPERATIONS 2,500
    LAKE AGGASSIZ HABITAT FOR HUMANITY
    210 N 11TH ST
    MOORHEAD,MN56560     		  PC TO PROVIDE FUNDING ASSISTING FAMILIES HOUSING 3,000
    LAURIE BERRY CHRISTIAN HOME
    203 8TH ST S
    FARGO,ND58103     		  PC TO PROVIDE FOR GENERAL OPERATIONS 3,000
    LSS OF MN
    715 NORTH 11TH ST STE 401C
    MOORHEAD,MN56560     		  PC TO PROVIDE FOR CAREGIVERRESPITE PROGRAM 2,000
    LUTHER SEMINARY
    2481 COMO AVE
    ST PAUL,MN55108     		  PC TO PROVIDE SCHOLARSHIP 5,000
    NEW LIFE CENTER
    1902 3RD AVE NORTH
    FARGO,ND58102     		  PC TO PROVIDE ASSISTANCETO LOW INCOME/HOMELESSPEOPLE 3,000
    NORTH COUNTRY FOOD BANK
    1011 11TH AVE NE
    EAST GRAND FORKS,MN56721     		  PC TO PROVIDE FOOD FORLOW INCOME PEOPLE 2,000
    OAK GROVE LUTHERAN SCHOOL
    124 N TERRACE
    FARGO,ND58102     		  PC TO PROVIDE GENERALAND RELIGOUSEDUCATION 10,000
    PARK CHRISTIAN
    300 N 17TH ST
    MOORHEAD,MN56560     		  PC TO PROVIDE GENERAL AND RELIGOUS EDUCATION 10,000
    PATHWAYS
    PO BOX 1187
    BEMIDJI,MN56619     		  PC TO PROVIDE FUNDS FOR GENERAL OPERATIONS AND SCHOLARSHIPS TO CAMP 2,000
    PATRIOT ASSISTANCE DOGS
    1478 MALLARD ST
    DETROIT LAKES,MN56501     		  PC TO PROVIDE VETERANS WITH SERVICE ANIMALS 2,000
    PLAINS ART MUSEUM
    701 1ST AVE N
    FARGO,ND58102     		  PC CONNECTS ART, ARTISTS, AND AUDIENCES TO FOSTER CREATIVERESILIENT AND WELCOMING COMMUNITIES 2,000
    PRESENTATION CENTER
    2701 13TH AVE S
    FARGO,ND58103     		  PC TO PROVIDE FOR GENERAL OPERATIONS 2,500
    RAPE AND ABUSE CRISIS CENTER
    PO BOX 2984
    FARGO,ND58108     		  PC TO PROVIDE FUNDINGFOR COUNSELING FOR RAPE/ABUSE VICTIMS 3,000
    RED RIVER CHILDREN'S ADVOCACY CENTER
    100 SOUTH 4TH STREET
    FARGO,ND58103     		  PC TO PROVIDE TRAINING FOR CHILDREN'S ADVOCATES 3,000
    RED RIVER VALLEY VETERANS CONCERT BAND
    PO BOX 363
    FARGO,ND58107     		  PC PROMOTING PATRIOTISMTHROUGH MUSIC 2,000
    RED RIVER YOUTH FOR CHRIST
    65 3RD ST NORTH
    FARGO,ND58102     		  PC TO FUND FOR RELIGOUSEDUCATION 2,000
    RED WILLOW BIBLE CAMP
    1651 JACOB DRIVE
    BINFORD,ND58416     		  PC TO FUND SCHOLARSHIPS FOR RELIGIOUS CAMP 1,000
    RONALD MCDONALD HOUSE
    1330 18TH AVE S
    FARGO,ND58103     		  PC TO FUND PLACES FOR PEOPLE TO STAY DURINGHOSPITAL STAYS 2,500
    ROSEWOOD HOME
    1351 BROADWAY
    FARGO,ND58102     		  PC TO ASSIST NURSING HOME WITH CHAPEL OPERATIONS 4,000
    SANFORD MEDICAL FOUNDATION
    520 MAIN AVE STE 700
    FARGO,ND58103     		  SO-DP TO PROVIDE FUNDINGFOR SUPPORT PROGRAMSAT SANFORD MEDICAL 30,000
    SHANLEY CATHOLIC SCHOOL NETWORK
    5600 25TH ST SOUTH
    FARGO,ND58104     		  PC TO FUND OPERATIONSOF RELIGOUS SCHOOLING 3,000
    SPECIAL OLYMPICS-MN
    100 WASHINGTON AVE S STE 550
    MINNEAPOLIS,MN55401     		  PC TO FUND GENERAL OPERATIONS 2,500
    SPECIAL OLYMPICS NORTH DAKOTA
    2616 S 26TH ST
    GRAND FORKS,ND58201     		  PC TO FUND GENERAL OPERATION 2,500
    TNT KIDS FITNESS
    2800 MAIN AVE
    FARGO,MN58103     		  PC TO FUND GENERAL OPERATIONS FOR CHILDEREN'SFITNESS 2,000
    TROLLWOOD PERFORMING ARTS
    801 50TH ST S
    MOORHEAD,MN56560     		  PC TO PROVIDE FINE ARTS EDUCATION FOR STUDENTS 2,000
    UNSEEN
    125 8TH ST N
    FARGO,ND58102     		  PC TO PROVIDE FOR GENERAL OPERATIONS 2,500
    VILLAGE FAMILY SERVICES
    1201 25TH ST S
    FARGO,ND58103     		  PC TO FUND OPERATIONS 9,000
    FARGO MOORHEAD AREA FOUNDATION WOMENS FUND
    C/O FMAF 409 7TH ST S
    FARGO,ND58103     		  PC TO PROVIDE FOR GENERAL OPERATIONS 1,000
    YWCA CASS & CLAY COUNTIES
    3100 12TH AVE N
    FARGO,ND58102     		  PC TO FUND OPERATIONS 5,000
    JAIL CHAPLAINS
    PO BOX 6444
    FARGO,ND58109     		  PC TO PROVIDE MINISTRY TO INCARCERAED INDIVIDUALS 2,000
    THE REFUGE
    921 8TH ST SE
    DETROIT LAKES,MN56501     		  PC TO OPERATE AS A FOOD BANK 2,000
    ETERNAL HOPE UNLIMITED DL JAIL CHAPLAINS
    928 LONGVIEW LN
    DETROIT LAKES,MN56501     		  PC TO PROVIDE COUNSELING FOR SUBSTANCE ABUSE 2,000
    COMPASSION HOUSE
    811 8TH ST SE
    DETROIT LAKES,MN56501     		  PC PROVIDE FUNDS FOR RECOVERY OF ALCOHOLIC INDIVIDUALS 1,000
    BOYS AND GIRLS CLUB OF PERHAM
    320 6TH AVE SW
    PERHAM,MN56573     		  PC TO PROVIDE A SAFEEDUCATIONAL ENVIRONMENT AFTER SCHOOL HOURS 5,000
    YOUNG LIFE CASTAWAY CLUB
    51709 CO HWY 31
    DETROIT LAKES,MN56501     		  PC TO PROVIDE FUNDS FOR OPERATIONS FOR BIBLE CAMP 1,000
    Total .................................bullet 3a 212,250
    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 ...........     		    14 186  
    4 Dividends and interest from securities....     14 85,836  
    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 90,076  
    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)..   176,098  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    176,098
    (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:  
    Part VI Line 7 -Original Return Overpayment: -9,640


    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
    ELMER & KAYA BERG FOUNDATION NO 2
     
    Employer identification number

    36-3668256
    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
    ELMER & KAYA BERG FOUNDATION NO 2
          		Employer identification number
    36-3668256
    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
    BRANDON LEVER
    2302 W TARGEE STREET
     
    BOISE, ID83705

    		$ 25,000


    (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
    ELMER & KAYA BERG FOUNDATION NO 2
          		Employer identification number

    36-3668256
    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
     
    		$    
    (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
    ELMER & KAYA BERG FOUNDATION NO 2
          		Employer identification number

    36-3668256
    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:
    ELMER & KAYA BERG FOUNDATION NO 2
    EIN:
    36-3668256
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BRYCE ANDERSON & ASSOCIATES, PLLC TAX RETURN PREPARATION 2,750 2,750 2,750  

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2020 GainLossSaleOtherAssetsSch
    Name:
    ELMER & KAYA BERG FOUNDATION NO 2
    EIN:
    36-3668256
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    PUBLICLY TRADED SECURITIES 2019-08 Purchased     678,594 599,229     79,365  
    PUBLICLY TRADED SECURITIES 2019-08 Purchased 2020-12   10,711 0     10,711  

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    ELMER & KAYA BERG FOUNDATION NO 2
    EIN:
    36-3668256
    Name of Bond End of Year Book Value End of Year Fair Market Value
    62544.796 DODGE & COX INCOME FUND #147 888,657 916,281
    14823.627 EATON VANCE SHORT DURATION GOVERNMENT INCOME CLASS I #373 120,419 120,220
    ISHARES CORE U.S. AGGREGATE BOND ETF 88,592 96,443
    267.000ISHARES 7-10 YEAR TREASURY BOND 32,289 32,026
    61351.062 LORD ABBETT INVESTMENT TRUST SHORT DURATION INCOME FUND #1425 258,749 258,288
    9957.076 PRINCIPAL SPECTRUM PREFERRED AND CAPITL SECURITIES INCOME FUND CL I 99,108 104,251
    21081.629 VANGUARD INTRM TRM TREAS FD ADM #535 243,925 246,655

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    ELMER & KAYA BERG FOUNDATION NO 2
    EIN:
    36-3668256
    Name of Stock End of Year Book Value End of Year Fair Market Value
    5503.179 CALVERT U.S. LARGE CAP CORE RESPONSIBLE INDEX FUND 134,363 189,309
    5740.000 ISHARES MSCI ESG SLECT ETF 339,564 472,632
    2476.000 ISHARES, INC. ISHARES ESG AWARE MSCI EM ETF 76,454 103,942
    4428.000 ISHARES TRUST ISHARES ESG AWARE MSCI EAFE ETF 269,329 323,421
    14224.000 VANGUARD WORLD FD U.S. STOCK ETF 709,329 998,098
    ROUNDING 0 1

    TY 2020 OtherExpensesSchedule
    Name:
    ELMER & KAYA BERG FOUNDATION NO 2
    EIN:
    36-3668256
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    SECRETARY OF STATE FEE 10 10 10  


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    ELMER & KAYA BERG FOUNDATION NO 2
    EIN:
    36-3668256
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BELL BANK INVESTMENT ADVISORY SERVICE 24,701 24,701 24,701  


    TY 2020 TaxesSchedule
    Name:
    ELMER & KAYA BERG FOUNDATION NO 2
    EIN:
    36-3668256
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAXES PAID 16,038 16,038 16,038  
    FOREIGN TAXES PAID 540 540 540