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 05-01-2020 , and ending 04-30-2021
Name of foundation
CORA RUST OWEN MEMORIAL TRUST
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 0634
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MILWAUKEE, WI532010634
A Employer identification number

81-6057848
B Telephone number (see instructions)

(503) 464-3580
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$547,718J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 9,748 9,698  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 40,247
b Gross sales price for all assets on line 6a 219,965
7 Capital gain net income (from Part IV, line 2)... 40,247
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 290 6  
12 Total. Add lines 1 through 11........ 50,285 49,951  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 8,003 7,203   800
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment 1,500 0 0 1,500
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 120 120   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 9,623 7,323 0 2,300
25 Contributions, gifts, grants paid....... 21,000 21,000
26 Total expenses and disbursements. Add lines 24 and 25 30,623 7,323 0 23,300
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 19,662
b Net investment income (if negative, enter -0-) 42,628
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 6,999 7,961 7,961
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 223,856 Click to see attachment186,933 314,565
c Investments—corporate bonds (attach schedule)....... 104,358 Click to see attachment67,468 68,891
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 54,253 Click to see attachment146,763 156,301
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) 389,466 409,125 547,718
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 389,466 409,125
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)..... 389,466 409,125
30 Total liabilities and net assets/fund balances (see instructions). 389,466 409,125
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
389,466
2
Enter amount from Part I, line 27a .....................
2
19,662
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
409,128
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
3
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
409,125
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 1. COUNTRYWIDE FINANCIAL CORP   1911-11-11 2020-05-19
b 2. APPLE COMPUTER INC   2013-05-15 2020-05-28
c 2. BOEING COMPANY   2013-05-15 2020-05-28
d 2. ELECTRONIC ARTS   2019-09-05 2020-05-28
e 7. INTEL CORP COM   2013-02-07 2020-05-28
99. ISHARES MSCI EAFE VALUE INDEX ETF     2020-05-28
6. LOWES COMPANIES INC   2013-05-15 2020-05-28
3. MARATHON PETROLEUM CORP   2020-01-09 2020-05-28
11. MARATHON PETROLEUM CORP     2020-05-28
5. MICROSOFT CORP COM   2013-02-07 2020-05-28
3. NIKE INC. CLASS B   2015-01-28 2020-05-28
6. PNC FINL SVCS GROUP INC COM W/RIGHTS ATTACHED EXP 5/25/2010   2015-01-28 2020-05-28
4. PAYPAL HOLDINGS INC     2020-05-28
15. TC ENERGY CORP     2020-05-28
3. UNITEDHEALTH GRP INC COM   2018-05-15 2020-05-28
44.91 BARON EMERGING MARKETS INSTITUTIONAL     2020-06-16
36. ISHARES LEHMAN 20+ YR TREAS     2020-06-16
26. ISHARES CORE MSCI EAFE ETF     2020-06-16
42. ISHARES LEHMAN 20+ YR TREAS     2020-07-06
279. ISHARES CORE US TREASURY BOND ETF   2020-04-06 2020-07-06
8.695 VANGUARD 500 IDX ADML   2014-09-03 2020-07-06
1. ALPHABET INC CL A   2008-11-04 2020-08-18
1. AMAZON COM INC COM   2017-07-05 2020-08-18
21. BP AMOCO P L C SPONSORED ADR     2020-08-18
5. BP AMOCO P L C SPONSORED ADR   2020-01-15 2020-08-18
1. BOEING COMPANY   2020-03-23 2020-08-18
1. BOEING COMPANY   2013-05-15 2020-08-18
33. DELTA AIR LINES INC     2020-08-18
4. GILEAD SCIENCES INC COM   2020-01-09 2020-08-18
1. ISHARES MSCI EAFE VALUE INDEX ETF   2019-12-04 2020-08-18
57. ISHARES MSCI EAFE VALUE INDEX ETF     2020-08-18
168. ISHARES CORE US TREASURY BOND ETF   2020-04-06 2020-08-18
2. MASTERCARD INC   2009-11-18 2020-08-18
3. MICROSOFT CORP COM   2013-02-07 2020-08-18
35.267 PRICE T ROWE GROWTH STK FD INC COM   2019-05-13 2020-08-18
11. RAYTHEON TECHNOLOGIES CORP COM   2013-05-01 2020-08-18
6. TC ENERGY CORP   2017-11-30 2020-08-18
15000. U S TREASURY NT 2.750% 9/30/20     2020-08-18
4. ALBEMARLE CORP   2020-01-09 2020-08-26
1. APPLE COMPUTER INC   2013-05-15 2020-08-26
1. BLACKROCK INC   2018-12-11 2020-08-26
1. FACEBOOK INC A   2017-09-27 2020-08-26
2. PROCTER & GAMBLE CO   2004-02-26 2020-08-26
2. FACEBOOK INC A   2017-09-27 2020-08-27
2. MICROSOFT CORP COM   2013-02-07 2020-08-27
1. PAYPAL HOLDINGS INC   2018-12-11 2020-08-27
3. PROCTER & GAMBLE CO   2004-02-26 2020-08-27
1. SALESFORCE COM INC   2020-03-23 2020-08-27
2. WAL MART STORES INC   2015-12-16 2020-09-01
4. ABBOTT LABORATORIES     2020-09-15
1. AMGEN INC   2019-06-06 2020-09-15
3. CENTENE CORP COM   2019-03-08 2020-09-15
4. CITIGROUP INC   2011-05-18 2020-09-15
1. COSTCO WHSL CORP NEW   2017-09-27 2020-09-15
58. ISHARES MSCI EAFE VALUE INDEX ETF   2018-12-17 2020-09-15
19.03 VANGUARD MIDCAP VALUE INDEX ADMIRAL   2019-11-27 2020-09-29
4. APPLE COMPUTER INC   2013-05-15 2020-10-12
2. CENTENE CORP COM   2019-03-08 2020-10-12
15. CITIGROUP INC   2011-05-18 2020-10-12
11. EXXON MOBIL CORP     2020-10-12
2. MICROSOFT CORP COM   2013-02-07 2020-10-12
2. NIKE INC. CLASS B   2015-01-28 2020-10-12
10. VANGUARD GROWTH VIPERS FUND   2019-08-15 2020-10-21
11.707 ROWE T PRICE MID CAP GROWTH FD INC     2020-10-26
31.656 PRICE T ROWE GROWTH STK FD INC COM     2020-11-10
24.152 VANGUARD MC GROW INDEX ADM   2018-04-09 2020-11-10
.7297 VIATRIS INC   2020-05-28 2020-11-30
83.519 BARON EMERGING MARKETS INSTITUTIONAL     2020-12-08
22.474 VANGUARD MC GROW INDEX ADM     2020-12-08
5. VANGUARD GROWTH VIPERS FUND   2019-06-04 2020-12-08
72. ISHARES CORE TOTAL US BOND MARKETETF     2020-12-23
25.869 PRICE T ROWE GROWTH STK FD INC COM     2020-12-23
23.858 ROWE T PRICE MID CAP GROWTH FD INC     2020-12-23
10. VANGUARD GROWTH VIPERS FUND   2019-06-04 2020-12-23
1. VANGUARD GROWTH VIPERS FUND   2020-01-24 2020-12-23
5. MFC ISHARES TR RUSSELL 2000 INDEX FD   2020-10-21 2021-02-12
2. VANGUARD GROWTH VIPERS FUND   2020-01-24 2021-02-12
3. VANGUARD GROWTH VIPERS FUND   2020-03-02 2021-02-12
6. BANK OF AMERICA CORP   2013-06-12 2021-03-09
9. CENTENE CORP COM     2021-03-09
3. WALT DISNEY CO   2012-11-21 2021-03-09
4. ELECTRONIC ARTS   2019-06-06 2021-03-09
1. FACEBOOK INC A   2017-07-05 2021-03-09
7. LOWES COMPANIES INC   2013-05-15 2021-03-09
2. MASTERCARD INC   2009-11-18 2021-03-09
2. PAYPAL HOLDINGS INC   2018-12-11 2021-03-09
3. SCHWAB CHARLES CORP NEW COM   2016-04-08 2021-03-09
19. TC ENERGY CORP     2021-03-09
2. VIATRIS INC     2021-03-09
3. CME GROUP INC     2021-03-26
3. ELECTRONIC ARTS   2019-06-04 2021-03-26
258. ISHARES BARCLAYS INTERMEDIATE ETF     2021-03-26
4. JOHNSON & JOHNSON   2004-03-31 2021-03-26
1. MASTERCARD INC   2009-11-18 2021-03-26
12.292 ROWE T PRICE MID CAP GROWTH FD INC   2020-03-31 2021-03-26
128.582 ROWE T PRICE MID CAP GROWTH FD INC     2021-03-26
2. STARBUCKS CORP   2010-10-18 2021-03-26
1. UNITEDHEALTH GRP INC COM   2018-04-13 2021-03-26
3. VANGUARD GROWTH VIPERS FUND   2020-03-02 2021-03-26
4. MEDTRONIC PLC   2015-03-18 2021-03-26
2. CHUBB LTD   2012-05-10 2021-03-26
419.776 DOUBLELINE TOTAL RET BD I     2021-03-29
1068.134 DOUBLELINE TOTAL RET BD I     2021-03-29
48. ISHARES FTSE NAREIT REAL ESTATE ETF     2021-03-29
67.197 VANGUARD EQUITY INCOME ADM     2021-03-29
43.492 VANGUARD MC GROW INDEX ADM     2021-03-29
201. VANGUARD SHORT-TERM T I P S     2021-03-29
40. VANGUARD REIT ETF     2021-03-29
3. ALBEMARLE CORP   2020-01-09 2021-04-06
4. APPLE COMPUTER INC   2013-05-15 2021-04-06
1. BLACKROCK INC   2018-12-11 2021-04-06
44.655 CALVERT SHORT DURATION INCOME I     2021-04-06
503.018 FEDERATED INST HI YLD BD FD     2021-04-06
2. MICROSOFT CORP COM   2013-02-07 2021-04-06
112.967 NUVEEN REAL ESTATE SECS I   2003-08-18 2021-04-06
4. SCHWAB CHARLES CORP NEW COM   2020-03-23 2021-04-06
285.249 TIAA CREF INFLATION LINKED BOND FUND     2021-04-06
2. TARGET CORP   2020-03-16 2021-04-06
1. UNITEDHEALTH GRP INC COM   2018-04-13 2021-04-06
23. VANGUARD GROWTH VIPERS FUND     2021-04-06
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(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 5     5
b 641   122 519
c 309   194 115
d 240   194 46
e 440   146 294
3,932   4,913 -981
779   259 520
107   178 -71
391   561 -170
912   136 776
301   142 159
687   508 179
597   345 252
668   732 -64
925   722 203
606   632 -26
5,748   6,021 -273
1,506   1,552 -46
6,808   6,668 140
7,770   7,845 -75
2,552   1,611 941
1,549   184 1,365
3,309   974 2,335
469   864 -395
112   194 -82
171   98 73
171   97 74
909   1,623 -714
277   263 14
42   49 -7
2,407   2,704 -297
4,694   4,724 -30
661   46 615
635   82 553
3,125   2,309 816
685   574 111
296   290 6
15,046   15,089 -43
367   291 76
502   61 441
593   400 193
297   168 129
277   103 174
589   336 253
456   55 401
205   86 119
415   154 261
270   140 130
280   120 160
427   349 78
250   175 75
175   169 6
184   165 19
344   165 179
2,446   2,689 -243
993   1,159 -166
479   61 418
129   113 16
674   620 54
377   642 -265
438   55 383
262   94 168
2,334   1,614 720
1,230   1,114 116
2,936   2,060 876
1,979   1,321 658
12   12  
1,506   1,149 357
2,013   1,411 602
1,239   774 465
8,477   7,932 545
2,489   1,542 947
2,701   2,148 553
2,521   1,548 973
252   190 62
1,128   802 326
533   381 152
800   536 264
219   79 140
556   497 59
600   146 454
522   386 136
261   151 110
1,165   303 862
751   46 705
478   172 306
191   80 111
873   837 36
28   32 -4
621   623 -2
396   282 114
15,279   15,770 -491
657   202 455
362   23 339
1,430   900 530
14,959   8,843 6,116
217   28 189
374   225 149
754   536 218
472   304 168
318   158 160
4,408   4,500 -92
11,215   11,300 -85
2,532   1,650 882
5,866   4,401 1,465
3,959   2,214 1,745
10,361   9,805 556
3,696   2,899 797
448   218 230
504   61 443
784   400 384
739   724 15
5,015   5,084 -69
495   55 440
2,315   1,730 585
271   116 155
3,500   3,322 178
407   197 210
369   225 144
6,115   3,645 2,470
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      1,422
      1,422
      1,422
      1,422
      1,422
      1,422
      1,422
      1,422
      1,422
      1,422
      1,422
      1,422
      1,422
      1,422
      1,422
      1,422
      1,422
      1,422
      1,422
      1,422
      1,422
      1,422
      1,422
      1,422
      1,422
      1,422
      1,422
      1,422
      1,422
      1,422
      1,422
      1,422
      1,422
      1,422
      1,422
      1,422
      1,422
      1,422
      1,422
      1,422
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       5
b       519
c       115
d       46
e       294
      -981
      520
      -71
      -170
      776
      159
      179
      252
      -64
      203
      -26
      -273
      -46
      140
      -75
      941
      1,365
      2,335
      -395
      -82
      73
      74
      -714
      14
      -7
      -297
      -30
      615
      553
      816
      111
      6
      -43
      76
      441
      193
      129
      174
      253
      401
      119
      261
      130
      160
      78
      75
      6
      19
      179
      -243
      -166
      418
      16
      54
      -265
      383
      168
      720
      116
      876
      658
       
      357
      602
      465
      545
      947
      553
      973
      62
      326
      152
      264
      140
      59
      454
      136
      110
      862
      705
      306
      111
      36
      -4
      -2
      114
      -491
      455
      339
      530
      6,116
      189
      149
      218
      168
      160
      -92
      -85
      882
      1,465
      1,745
      556
      797
      230
      443
      384
      15
      -69
      440
      585
      155
      178
      210
      144
      2,470
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 40,247
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................................ 1 593
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........................... 3 593
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- ..... 5 593
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 76
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 76
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 9 517
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet0 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMT
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletUS BANK Telephone no.bullet (406) 447-5283

    Located atbullet555 SW OAKPORTLANDOR ZIP+4bullet97204
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    U S BANK TRUSTEE
    1     		8,003    
    PO BOX 3168
    PORTLAND,OR97208
    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
    501,149
    b
    Average of monthly cash balances.......................
    1b
    9,824
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    510,973
    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
    510,973
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    7,665
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    503,308
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    25,165
    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
    25,165
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    593
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    593
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    24,572
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    24,572
    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
    24,572
    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
    23,300
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    23,300
    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
    23,300
    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 24,572
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 1,408
    b From 2016...... 0
    c From 2017...... 0
    d From 2018...... 0
    e From 2019...... 2,654
    fTotal of lines 3a through e........ 4,062
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 23,300
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 23,300
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 1,272 1,272
    (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 2,790
    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) ...     		136
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		2,654
    10 Analysis of line 9:
    a Excess from 2016.... 0
    b Excess from 2017.... 0
    c Excess from 2018.... 0
    d Excess from 2019.... 2,654
    e Excess from 2020....  
    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 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
    WESTOVER SCHOOL INC
    PO BOX 847
    MIDDLEBURY,CT06762     		NONE PC GENERAL OPERATING 5,250
    VASSAR COLLEGE ANNUAL FUND
    124 RAYMOND AVE
    POUGHKEEPSIE,NY12604     		NONE PC GENERAL OPERATING 5,250
    MAYO CLINIC HEALTH SYSTEM
    1221 WHIPPLE ST
    EAU CLAIRE,WI54703     		NONE PC GENERAL OPERATING 2,100
    UNIVERSITY OF WISCONSIN
    105 GARFIELD AVE
    EAU CLAIRE,WI54702     		NONE PC GENERAL OPERATING 2,100
    FRIENDS OF L E PHILLIPS MEMLIBRARY
    400 EAU CLAIRE ST
    EAU CLAIRE,WI54701     		NONE PC GENERAL OPERATING 2,100
    UNIVERSITY OF MINNESOTA FOUNDATION
    200 OAK STREET SE STE 500
    MINNEAPOLIS,MN55455     		NONE PC GENERAL OPERATING 1,050
    MARCUS DALY MEMORIAL HOSPITAL
    MARCUS DALY HOSPITAL FOUNDATION
    HAMILTON,MT59840     		NONE PC GENERAL OPERATING 2,100
    UNIVERSITY OF MONTANA FOUNDATION
    PO BOX 7159
    MISSOULA,MT59807     		NONE PC GENERAL OPERATING 1,050
    Total .................................bullet 3a 21,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 9,748  
    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 40,247  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aFEDERAL TAX REFUND     		    1 284  
    bOTHER INCOME     1 6  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   50,285  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    50,285
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    CORA RUST OWEN MEMORIAL TRUST
    EIN:
    81-6057848
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 1,500     1,500

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    CORA RUST OWEN MEMORIAL TRUST
    EIN:
    81-6057848
    Name of Bond End of Year Book Value End of Year Fair Market Value
    057071854 BAIRD AGGREGATE BOND 42,222 42,744
    922020805 VANGUARD SHORT-TERM    
    13161T401 CALVERT SHORT DURATI    
    31420B300 FEDERATED INST HI YL 9,463 10,139
    670700400 NUVEEN PREFERRED SEC 10,800 10,961
    795450V51 SALLIE MAE BANK C D 4,983 5,047
    9128285B2 U S TREASURY NT    
    464287432 ISHARES 20 YEAR TREA    

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    CORA RUST OWEN MEMORIAL TRUST
    EIN:
    81-6057848
    Name of Stock End of Year Book Value End of Year Fair Market Value
    855244109 STARBUCKS CORP 110 916
    060505104 BANK OF AMERICA CORP 910 2,391
    922908710 VANGUARD 500 INDEX A 16,025 34,348
    46434G103 ISHARES CORE MSCI EM 16,824 23,242
    56585A102 MARATHON PETROLEUM C 1,745 2,059
    654106103 NIKE INC 283 796
    548661107 LOWES CO INC    
    594918104 MICROSOFT CORP 764 7,061
    921937728 VANGUARD MC GROW IND 4,223 8,648
    921921300 VANGUARD EQUITY INCO    
    46432F842 ISHARES CORE MSCI EA 21,691 29,352
    H1467J104 CHUBB LTD 774 1,544
    922908553 VANGUARD REIT ETF    
    254687106 DISNEY WALT CO 240 930
    931142103 WAL MART STORES INC 469 1,399
    03027X100 AMERICAN TOWER CORP 1,262 2,548
    037833100 APPLE INC 537 7,362
    713448108 PEPSICO INC 911 1,586
    693475105 P N C FINANCIAL SERV    
    30231G102 EXXON MOBIL CORP    
    464288877 ISHARES MSCI EAFE VA 8,733 9,444
    22160K105 COSTCO WHSL CORP 705 1,860
    G5960L103 MEDTRONIC PLC 976 1,702
    88579Y101 3M CO 1,418 2,169
    02079K305 ALPHABET INC CL A 354 4,707
    06828M876 BARON EMERGING MARKE 3,082 5,047
    00206R102 ATT INC 933 911
    458140100 INTEL CORP 375 1,036
    580135101 MCDONALDS CORP 343 944
    779556109 ROWE T PRICE MID-CAP    
    57636Q104 MASTERCARD INC 251 4,203
    717081103 PFIZER INC 1,478 1,623
    742718109 PROCTER GAMBLE CO    
    30303M102 FACEBOOK INC A 979 2,601
    670678507 NUVEEN REAL ESTATE S 4,198 5,925
    172967424 CITIGROUP INC    
    097023105 BOEING CO    
    741479109 PRICE T ROWE GROWTH 2,858 5,939
    17275R102 CISCO SYSTEMS INC 1,322 1,985
    808513105 SCHWAB CHARLES CORP 1,034 2,605
    46625H100 J P MORGAN CHASE CO 880 3,230
    478160104 JOHNSON JOHNSON 555 1,790
    247361702 DELTA AIR LINES INC    
    19765N245 COLUMBIA FDS SER DIV 13,835 18,185
    91324P102 UNITED HEALTH GROUP 739 1,595
    023135106 AMAZON.COM INC 1,908 6,935
    438516106 HONEYWELL INTERNATIO 1,543 2,453
    055622104 BP PLC SPONS A D R    
    20030N101 COMCAST CORP CL A 1,020 1,628
    70450Y103 PAYPAL HOLDINGS INC 603 1,836
    09247X101 BLACKROCK INC 758 1,639
    15135B101 CENTENE CORP COM    
    75513E101 RAYTHEON TECHNOLOGIE    
    278865100 ECOLAB INC 812 1,121
    031162100 AMGEN INC 894 1,198
    285512109 ELECTRONIC ARTS INC 281 426
    921937694 VANGUARD MIDCAP VALU 17,235 19,734
    464287499 ISHARES RUSSELL MIDC 18,926 28,904
    922908736 VANGUARD GROWTH VIPE 6,126 11,542
    012653101 ALBEMARLE CORP 436 1,009
    87807B107 TC ENERGY CORP    
    464287200 ISHARES S P 500 E T 13,522 20,944
    882508104 TEXAS INSTRUMENTS IN 734 1,264
    12572Q105 CME GROUP INC 739 808
    79466L302 SALESFORCE COM INC 1,172 1,612
    002824100 ABBOTT LABORATORIES 1,194 1,801
    375558103 GILEAD SCIENCES INC 1,117 1,079
    87612E106 TARGET CORP 683 1,451
    87918A105 TELADOC INC 1,389 1,206
    G5494J103 LINDE PLC 837 858
    437076102 HOME DEPOT INC 1,041 1,295
    776696106 ROPER INDS INC 1,182 1,339
    127097103 CABOT OIL GAS CORP C 965 800

    TY 2020 InvestmentsOtherSchedule2
    Name:
    CORA RUST OWEN MEMORIAL TRUST
    EIN:
    81-6057848
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    464287226 ISHARES CORE TOTAL U AT COST 16,427 16,601
    46429B267 ISHARES CORE US TREA      
    258620103 DOUBLELINE TOTAL RET      
    524686524 CLEARBRIDGE INTERNAT AT COST 6,950 9,643
    87245P668 TIAA CREF INFLATION AT COST 7,478 8,105
    464288521 ISHARES FTSE NAREIT      
    024524217 AMERICAN BEACON STEP AT COST 13,000 13,721
    024932154 AMERICAN CENTURY HIG AT COST 4,500 4,514
    03463K406 ANGEL OAK MULTI STRA AT COST 16,500 16,548
    808524847 SCHWAB US REIT ETF AT COST 7,859 8,390
    131582439 CALVERT HIGH YIELD B AT COST 6,050 6,320
    74440B884 PGIM TOTAL RETURN BO AT COST 45,500 44,673
    808524870 SCHWAB U.S. TIPS ETF AT COST 11,023 11,144
    464287655 ISHARES RUSSELL 2000 AT COST 11,476 16,642

    TY 2020 OtherDecreasesSchedule
    Name:
    CORA RUST OWEN MEMORIAL TRUST
    EIN:
    81-6057848
    Description Amount
    ROUNDING 3


    TY 2020 OtherIncomeSchedule2
    Name:
    CORA RUST OWEN MEMORIAL TRUST
    EIN:
    81-6057848
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    FEDERAL TAX REFUND 284 0  
    OTHER INCOME 6 6  


    TY 2020 TaxesSchedule
    Name:
    CORA RUST OWEN MEMORIAL TRUST
    EIN:
    81-6057848
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 97 97   0
    FOREIGN TAXES ON NONQUALIFIED 23 23   0