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
SCHILDBERG FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 358
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
GREENFIELD, IA50849
A Employer identification number

42-1282794
B Telephone number (see instructions)

(816) 640-5461
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$4,800,998J 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 28,921 28,921  
4 Dividends and interest from securities... 77,399 77,399  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 127,310
b Gross sales price for all assets on line 6a 127,310
7 Capital gain net income (from Part IV, line 2)... 127,310
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 11,010 5,690  
12 Total. Add lines 1 through 11........ 244,640 239,320  
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)......... Click to see attachment 1,079 1,079    
b Accounting fees (attach schedule)....... Click to see attachment 5,665 5,665    
c Other professional fees (attach schedule).... Click to see attachment 33,957 33,957    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 9,985 1,081    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 16 16    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 50,702 41,798   0
25 Contributions, gifts, grants paid....... 404,300 404,300
26 Total expenses and disbursements. Add lines 24 and 25 455,002 41,798   404,300
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -210,362
b Net investment income (if negative, enter -0-) 197,522
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 7,915 7,934 7,934
2 Savings and temporary cash investments......... 148,269 50,439 50,439
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 487,899 Click to see attachment356,450 375,755
b Investments—corporate stock (attach schedule)....... 1,814,096 Click to see attachment1,683,785 3,185,769
c Investments—corporate bonds (attach schedule)....... 1,006,702 Click to see attachment1,155,911 1,181,101
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
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) 3,464,881 3,254,519 4,800,998
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........ 200,000 200,000
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 3,264,881 3,054,519
29 Total net assets or fund balances (see instructions)..... 3,464,881 3,254,519
30 Total liabilities and net assets/fund balances (see instructions). 3,464,881 3,254,519
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
3,464,881
2
Enter amount from Part I, line 27a .....................
2
-210,362
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
3,254,519
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
3,254,519
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 SHORT TERM CAPITAL GAINS P 2020-01-01 2020-12-31
b LONG TERM CAPITAL GAINS P 2017-01-01 2020-12-31
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 41,149     41,149
b 79,427     79,427
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       41,149
b       79,427
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 2 127,310
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 41,149
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 2,746
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  
3 Add lines 1 and 2........................... 3 2,746
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 2,746
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 3,779
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.............. 7 3,779
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 1,033
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet1,033 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)
    bullet
    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 ofbulletWELLS FARGO BANK TRUST DEPT Telephone no.bullet (515) 245-8330

    Located atbullet666 WALNUTDES MOINESIA ZIP+4bullet50309
    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
    MARLENE SCHILDBERG SECRETARY/TR
    1.00     		0 0 0
    1157 GLEN OAKS DRIVE
    WEST DES MOINES,IA50266
    MARK SCHILDBERG PRESIDENT
    1.00     		0 0 0
    404 NE DODGE STREET
    GREENFIELD,IA50849
    KATHY HELLEBUYCK VICE PRESIDE
    1.00     		0 0 0
    613 SHORT STREET
    WESTON,MO64098
    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  
    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.............bullet  
    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 N/A  
    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
    4,339,018
    b
    Average of monthly cash balances.......................
    1b
    132,944
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    4,471,962
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    4,471,962
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    67,079
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    4,404,883
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    220,244
    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
    220,244
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    2,746
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,746
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    217,498
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    217,498
    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
    217,498
    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
    404,300
    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
    404,300
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    404,300
    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 7 217,498
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 188,137
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016...... 365
    c From 2017...... 5,727
    d From 2018...... 4,497
    e From 2019......  
    fTotal of lines 3a through e........ 10,589
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 404,300
    a Applied to 2019, but not more than line 2a 188,137
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2020 distributable amount..... 216,163
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2020. 1,335 1,335
    (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 9,254
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    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 ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    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) ...     		 
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		9,254
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017.... 4,757
    c Excess from 2018.... 4,497
    d Excess from 2019....  
    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).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ADAIR COUNTY FAIR BOARD
    900 NE ELM STREET
    GREENFIELD,IA50849     		NONE CHARITY GENERAL OPERATIONS 5,000
    ADAIR COUNTY HEALTH & FITNESS
    CENTER
    202 N TOWNLINE RD
    GREENFIELD,IA50849     		NONE CHARITY GENERAL OPERATIONS 6,300
    ADAIR COUNTY HISTORICAL SOCIETY
    2393 LAKEVIEW DRIVE
    GREENFIELD,IA50149     		NONE CHARITY GENERAL OPERATIONS 3,500
    ADAIR GUTHRIE COUNTY EMERGENCY
    200 N 5TH ST
    GUTHRIE CENTER,IA50115     		NONE CHARITY GENERAL OPERATIONS 5,000
    ADAIR COUNTY MEMORIAL HOSPITAL
    609 SE KENT
    GREENFIELD,IA50849     		NONE CHARITY GENERAL OPERATIONS 10,000
    ADAIR CTY ISU EXTENSION OUTREACH
    154 PUBLIC SQUARE SUITE C
    GREENFIELD,IA50849     		NONE CHARITY GENERAL OPERATIONS 1,000
    ADAIR COUNTY TOURISM
    110 E IOWA ST
    GREENFIELD,IA50849     		NONE CHARITY GENERAL OPERATIONS 2,000
    ANITA HEALTH AND WELLNESS CENTER
    900 VICTORY PARK ROAD
    ANITA,IA50020     		NONE CHARITY GENERAL OPERATIONS 1,000
    ANITA PUBLIC LIBRARY
    812 3RD STREET
    ANITA,IA50020     		NONE CHARITY GENERAL OPERATIONS 5,000
    ANITA VOLUNTEER FIRE DEPARTMENT
    208 WALNUT ST
    ANITA,IA50020     		NONE CHARITY GENERAL OPERATIONS 6,000
    ATLANTIC PUBLIC LIBRARY
    507 POPLAR ST
    ATLANTIC,IA50022     		NONE CHARITY GENERAL OPERATIONS 2,000
    AUDUBON COUNTY CONSERVATION BOARD
    2672 LITTLEFIELD DRIVE
    EXIRA,IA50076     		NONE CHARITY GENERAL OPERATIONS 2,000
    BOYS AND GIRLS CLUB OF CENTRAL IA
    1421 WALKER ST
    DES MOINES,IA50316     		NONE CHARITY GENERAL OPERATIONS 1,500
    BRIDGEWATER CITY PARK
    BRIDGEWATER
    BRIDGEWATER,IA50837     		NONE CHARITY GENERAL OPERATIONS 3,500
    CARSON VOLUNTEER FIRE & RESCUE
    127 BROADWAY ST
    CARSON,IA51525     		NONE CHARITY GENERAL OPERATIONS 9,000
    CASEY HISTORICAL SOCIETY
    CASEY
    CASEY,IA50048     		NONE CHARITY GENERAL OPERATIONS 1,000
    CASEY FIRE DEPARTMENT
    300 W SHERMAN ST
    CASEY,IA50048     		NONE CHARITY GENERAL OPERATIONS 16,000
    CHILDREN'S SQUARE USA
    PO BOX 8-C
    COUNCIL BLUFFS,IA51501     		NONE CHARITY GENERAL OPERATIONS 4,000
    CITY OF CORNING
    601 6TH STREET
    CORNING,IA50841     		NONE CHARITY GENERAL OPERATIONS 3,000
    CITY OF CLARINDACITY PARK
    200 S 15TH ST
    CLARINDA,IA51632     		NONE CHARITY GENERAL OPERATIONS 3,000
    CITY OF LEON
    104 W 1ST STREET
    LEON,IA50144     		NONE CHARITY GENERAL OPERATIONS 2,000
    CITY OF LORIMOR
    503 MAIN ST
    LORIMOR,IA50149     		NONE CHARITY GENERAL OPERATIONS 1,000
    CITY OF MURRAY
    420 MAPLE STREET
    MURRAY,IA50174     		NONE CHARITY GENERAL OPERATIONS 5,000
    CITY OF VAN WERT
    101 EAST 1ST ST
    VAN WERT,IA50262     		NONE CHARITY GENERAL OPERATIONS 5,000
    CLARKE CITY EMERGENCY MANAGEMENT
    100 SOUTH MAIN ST
    OSCEOLA,IA50213     		NONE CHARITY GENERAL OPERATIONS 5,000
    CLARKE COUNTY HOSPITAL
    800 S FILLMORE ST
    OSCEOLA,IA50213     		NONE CHARITY GENERAL OPERATIONS 7,500
    CRESTON AREA FOOD PANTRY
    417 WYOMING AVE
    CRESTON,IA50801     		NONE CHARITY GENERAL OPERATIONS 5,000
    CRESTON FIRE DEPARTMENT
    500 N SUMNER AVE
    CRESTON,IA50801     		NONE CHARITY GENERAL OPERATIONS 15,000
    CRESTON ARTS
    116 W ADAMS ST
    CRESTON,IA50801     		NONE CHARITY GENERAL OPERATIONS 4,000
    FRIENDS OF CRESTON PUBLIC LIBRARY
    200 W HOWARD ST
    CRESTON,IA50801     		NONE CHARITY GENERAL OPERATIONS 1,500
    GLENWOOD FIRE DEPARTMENT
    120 S WALNUT
    GLENWOOD,IA51534     		NONE CHARITY GENERAL OPERATIONS 6,200
    GLENWOOD POLICE DEPARTMENT
    3 NORTH VINE STREET
    GLENWOOD,IA51534     		NONE CHARITY GENERAL OPERATIONS 4,000
    GLENWOOD PTA
    GLENWOOD
    GLENWOOD,IA51534     		NONE CHARITY GENERAL OPERATIONS 2,000
    GREENFIELD BUSINESS WOMEN
    305 N W HAYES
    GREENFIELD,IA50849     		NONE CHARITY GENERAL OPERATIONS 1,500
    GREATER GREENFIELD COMM FOUNDATION
    PO BOX 32
    GREENFIELD,IA50849     		NONE CHARITY GENERAL OPERATIONS 2,500
    GREENFIELD HISTORICAL PRESERVATION
    GREENFIELD
    GREENFIELD,IA50849     		NONE CHARITY GENERAL OPERATIONS 1,000
    GREENFIELD PUBLIC LIBRARY
    202 1ST ST
    GREENFIELD,IA50849     		NONE CHARITY GENERAL OPERATIONS 4,000
    GREENFIELD VOLUNTEER FIRE DEPT
    PO BOX 346
    GREENFIELD,IA50849     		NONE CHARITY GENERAL OPERATIONS 10,000
    GRISWOLD PUBLIC LIBRARY
    505 MAIN STREET
    GRISWOLD,IA51535     		NONE CHARITY GENERAL OPERATIONS 1,000
    GUTHRIE COUNTY FAIR
    306 STATE ST
    GUTHRIE CENTER,IA50115     		NONE CHARITY GENERAL OPERATIONS 4,000
    HASTINGS FIRE & RESCUE
    401 INDIAN AVE
    HASTINGS,IA51540     		NONE CHARITY GENERAL OPERATIONS 9,000
    IMPACT HILL
    501 OAKLAND AVE
    OAKLAND,IA51560     		NONE CHARITY GENERAL OPERATIONS 1,000
    IOWA AVIATION MUSEUM
    2251 AIRPORT RD
    GREENFIELD,IA50849     		NONE CHARITY GENERAL OPERATIONS 5,000
    JENNIE EDMUNDSON FOUNDATION
    JENNIE EDMUNDSON HOSPITAL
    933 E PIERCE STREET
    COUNCIL BLUFFS,IA51503     		NONE CHARITY GENERAL OPERATIONS 7,500
    LAMONI FAIR BOARD
    LAMONI
    LAMONI,IA50140     		NONE CHARITY GENERAL OPERATIONS 1,000
    LEADING LADIES OF LENOX
    LENOX
    LENOX,IA50851     		NONE CHARITY GENERAL OPERATIONS 1,500
    LETTUCE DREAM
    1623 E 2ND ST
    MARYVILLE,MO64468     		NONE CHARITY GENERAL OPERATIONS 1,000
    MALVERN PARK BOARD
    MALVERN
    MALVERN,IA51551     		NONE CHARITY GENERAL OPERATIONS 2,500
    MALVERN VOLUNTEER FIRE DEPARTMENT
    309 MAIN ST
    MALVERN,IA51551     		NONE CHARITY GENERAL OPERATIONS 15,000
    MADISON COUNTY COURTHOUSE
    112 JOHN WAYNE DR
    WINTERSET,IA50273     		NONE CHARITY GENERAL OPERATIONS 10,000
    MADISON COUNTY CONSERVATION CENTER
    2273 CLARK TOWER RD
    WINTERSET,IA50273     		NONE CHARITY GENERAL OPERATIONS 12,500
    MATURA ACTION CORPORATION
    207 N ELM ST
    CRESTON,IA50801     		NONE CHARITY GENERAL OPERATIONS 4,500
    MILLS COUNTY TRAIL BOARD
    GLENWOOD
    GLENWOOD,IA51534     		NONE CHARITY GENERAL OPERATIONS 1,000
    MILLS COUNTY SHERIFF
    600 INDUSTRIAL ROAD
    GLENWOOD,IA51534     		NONE CHARITY GENERAL OPERATIONS 1,500
    MILLS COUNTY YMCA
    110 SIVERS RD
    GLENWOOD,IA51534     		NONE CHARITY GENERAL OPERATIONS 2,000
    MINDEN LITTLE LEAGUE
    MINDEN
    MINDEN,IA51553     		NONE CHARITY GENERAL OPERATIONS 1,500
    MONTGOMERY COUNTY EMERGENCY SERVICE
    2301 EASTERN AVE
    RED OAK,IA51566     		NONE CHARITY GENERAL OPERATIONS 11,000
    MONTGOMERY COUNTY FAMILY YMCA
    101 EAST CHERRY STREET
    RED OAK,IA51566     		NONE CHARITY GENERAL OPERATIONS 2,000
    NISHNABOTNA CONSERVATION FOUNDATION
    516 MAPLE ROAD
    HARLAN,IA51537     		NONE CHARITY GENERAL OPERATIONS 1,000
    NODAWAY VALLEY COMM SCHOOL
    410 NW 2ND ST
    GREENFIELD,IA50849     		NONE CHARITY GENERAL OPERATIONS 6,300
    PACIFIC JUNCTION EMERGENCY SERVICE
    505 LINCOLN AVE
    PACIFIC JUNCTION,IA51561     		NONE CHARITY GENERAL OPERATIONS 2,000
    PEACE HAVEN
    900 ANTIQUE CITY DR
    WALNUT,IA51577     		NONE CHARITY GENERAL OPERATIONS 10,000
    PRESCOTT FIRE & RESCUE
    206 6TH AVE
    PRESCOTT,IA50859     		NONE CHARITY GENERAL OPERATIONS 11,000
    PRESCOTT PUBLIC LIBRARY
    607 2ND ST
    PRESCOTT,IA50859     		NONE CHARITY GENERAL OPERATIONS 1,000
    RED OAK GRANDE THEATRE
    410 E COOLBAUGH ST
    RED OAK,IA51566     		NONE CHARITY GENERAL OPERATIONS 1,000
    RED OAK CHILD DEVELOPMENT
    400 W 2ND ST
    RED OAK,IA51566     		NONE CHARITY GENERAL OPERATIONS 2,000
    RONALD MCDONALD HOUSE CHARITIES OF
    CENTRAL IA
    1441 PLEASANT ST
    DES MOINES,IA50314     		NONE CHARITY GENERAL OPERATIONS 10,000
    SHELBY COUNTY CONSERVATION
    516 MAPLE RD
    HARLAN,IA51537     		NONE CHARITY GENERAL OPERATIONS 3,000
    SHELBY COUNTY TRAILS BOARD
    516 MAPLE RD
    HARLAN,IA51537     		NONE CHARITY GENERAL OPERATIONS 3,000
    SILVER CITY VOLUNTEER RESCUE
    414 MAIN ST
    SILVER CITY,IA51571     		NONE CHARITY GENERAL OPERATIONS 8,000
    SOUTHWEST IOWA PICKLEBALL
    1200 SUNNYSIDE LANE
    ATLANTIC,IA50022     		NONE CHARITY GENERAL OPERATIONS 2,000
    SOUTHWEST IOWA SQUADRON OF HEROES
    307 EAST REED STREET
    RED OAK,IA51566     		NONE CHARITY GENERAL OPERATIONS 3,500
    ST ALBERT CATHOLIC CHURCH
    400 GLEASON AVE
    COUNCIL BLUFFS,IA51503     		NONE CHARITY GENERAL OPERATIONS 3,000
    ST JOHN'S CATHOLIC CHURCH
    303 NE ELM ST
    GREENFIELD,IA50849     		NONE CHARITY BUILDING FUND 20,000
    SUNSHINE DAYCARE CENTER
    110 NE GRANT ST
    GREENFIELD,IA50849     		NONE CHARITY GENERAL OPERATIONS 1,500
    TABOR FIRE DEPARTMENT
    1000 MAIN ST
    TABOR,IA51653     		NONE CHARITY GENERAL OPERATIONS 5,000
    TRI-CITY FRIENDSHIP CENTER
    208 S SECOND STREET
    MAITLAND,MO64466     		NONE CHARITY GENERAL OPERATIONS 15,000
    WALLACE CENTERS OF IOWA
    2773 290TH ST
    ORIENT,IA50858     		NONE CHARITY GENERAL OPERATIONS 4,000
    WARREN CULTURAL CENTER
    154 PUBLIC SQUARE
    GREENFIELD,IA50849     		NONE CHARITY GENERAL OPERATIONS 4,000
    WALNUT COMMUNITY CENTER
    229 ANTIQUE CITY DRIVE
    WALNUT,IA51577     		NONE CHARITY GENERAL OPERATIONS 6,000
    YES MENTORING PROGRAM RED OAK
    1901 N BROADWAY ST
    SUITE A
    RED OAK,IA51566     		NONE CHARITY GENERAL OPERATIONS 2,000
    OSCEOLA FIRE DEPARTMENT
    135 W WASHINGTON ST
    OSCEOLA,IA50213     		NONE CHARITY GENERAL OPERATIONS 11,000
    ORIENT UNITED METHODIST CHURCH
    124 S MAPLE ST
    ORIENT,IA50858     		NONE CHARITY GENERAL OPERATIONS 2,500
    Total .................................bullet 3a 404,300
    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 ...........     		    14 28,921  
    4 Dividends and interest from securities....     14 77,399  
    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 ............     		    18 127,310  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aTAX REFUND     		    41 3,779  
    bOTHER INCOME         5,690
    cOTHER INCOME-MARKET DISCOUN     41 1,541  
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   238,950 5,690
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    244,640
    (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:
    SCHILDBERG FOUNDATION
    EIN:
    42-1282794
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 5,665 5,665    

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    SCHILDBERG FOUNDATION
    EIN:
    42-1282794
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ABBVIE INC 22,259 21,857
    ANTHEM INC 20,487 22,201
    APPLE INC    
    AT&T 15,559 16,500
    BANK OF AMERICA 15,583 16,269
    BANK OF MONTREAL 15,017 15,871
    BANK OF NOVA SCOTIA    
    BNP PARIBAS    
    BRISTOL-MYERS SQUIBB CO 24,415 24,484
    CAPITAL ONE 22,310 22,193
    CHEVRON CORP 25,958 25,592
    CITIGROUP INC 19,471 20,656
    COMCAST CORP 30,323 28,746
    CVS HEALTH GROUP 19,484 19,497
    DIGITAL REALTY TRUST LP 15,793 16,605
    DOLLAR GENERAL CORP 15,466 15,714
    DOWDUPONT INC    
    FIDELITY NEW MARKETS INCOME FUND 90,000 90,623
    EQUINIX INC 15,067 14,448
    GOLDMAN SACHS GROUP 25,565 27,418
    HALLIBURTON COMPANY 2,014 2,119
    HOME DEPOT INC 19,330 21,776
    HSBS HOLDING PLC    
    HP ENTERPRISE CO 15,310 15,301
    ISHARES MBS ETF 80,585 83,278
    JPMORGAN CHASE & CO 25,685 26,940
    JPMORGAN HIGH YIELD FUND    
    LOWE'S 23,607 23,400
    METLIFE INC 20,306 21,762
    MITSUBISHI UF 30,610 32,108
    MORGAN STANLEY    
    NOVARTIS CAPITAL CORP    
    PGIM HIGH YIELD FUND CLASS Q 181,000 181,653
    PIMCO HIGH YIELD FUND 90,000 90,200
    PNC FINANCIAL SERVICES 27,298 25,651
    ROYAL BANK OF CANADA 24,745 24,640
    SUMITOMO MITSUI 29,780 30,869
    SUNTRUST BANKS 26,259 27,787
    TCW EMRG MKTS INCM 132,464 137,870
    WALT DISNEY 14,512 14,899
    WESTPAC BANKING 19,649 22,174

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    SCHILDBERG FOUNDATION
    EIN:
    42-1282794
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3M CO COM 3,988 5,914
    ACCENTURE LTD 3,465 40,016
    ALPHABET INC CL C 40,819 96,405
    APPLE INC 28,238 134,089
    ARTISAN SMALL CAP FUND CLASS 50,000 71,969
    AT&T 11,359 11,465
    BLACKROCK INC 17,853 40,965
    BOEING CO 12,072 21,088
    BROADCOM INC 20,865 34,215
    CARRIER 1,452 6,319
    CELANESE CORP 15,224 36,813
    CISCO SYSTEMS INC 17,730 45,310
    CITIGROUP INC. 25,911 37,045
    CME GROUP INCE 8,481 18,179
    COGNIZANT TECH SOLUTIOSN CRP COM 5,880 6,432
    CVS CORP 7,146 19,253
    DIAGEO PLC 17,118 19,729
    EATON CORP PLC 10,927 25,013
    EATON VANCE GLOBAL MACRO 145,000 145,980
    ELI LILLY & CO COM 8,768 23,760
    EOG RESOURCES INC 3,610 6,259
    FIDELITY NATIONAL INFORMATION SVCS 5,952 6,881
    FLEX LTD 19,911 31,581
    GILEAD SCIENCES 13,362 25,134
    HAIN CELESTIAL GROUP 12,181 23,786
    HOME DEPOT INC 4,025 27,512
    ISHARES CORE MSCI EMERGING MARKETS 149,059 183,316
    ISHARES CORE S&P SMALL CAP ETF 9,981 9,949
    ISHARES RUSSELL 2000 ETF 39,665 57,347
    ISHARES S&P MID-CAP 400 GROWTH 55,634 119,613
    ISHARES S&P MID-CAP 400 VALUE 56,366 109,292
    JAMES ALPHA GLOBAL REAL ESTATE    
    JOHNSON & JOHNSON 857 4,068
    JP MORGAN CHASE & CO 21,209 53,065
    LAM RESEARCH 16,360 58,943
    LAS VEGAS SANDS 8,329 11,333
    MANULIFE FINANCIAL CORP 22,026 35,615
    MERCK & CO INC 4,220 4,097
    MICROSOFT CORP 20,179 214,353
    MONDELEZ INTERNATIONAL INC 24,326 31,317
    NIKE INC 18,232 39,786
    OTIS WORLDWIDE CORP 2,159 5,607
    PNC FINANCIAL SERVICES GROUP 14,915 32,716
    POWERSHARES DB OPTIMUM 64,485 100,974
    PRINCIPAL MIDCAP FUND 115,000 149,974
    PROCTER & GAMBLE CO 9,103 23,348
    RAYTHEON TECHNOLOGIES CORP 9,425 17,564
    SCHILDBERG E F CONSTRUCTION CO 76,301 81,400
    SPIRIT AEROSYSTEMS HODL 5,008 12,108
    SUNCOR ENERGY INC NEW F    
    SYSCO CORP 20,474 25,842
    TARGET CORP 3,915 33,783
    TE CONNECTIVITY LTD 11,534 22,860
    THERMO FISHER SCIENTIFIC INC 9,765 118,498
    TJX COMPANIES INC 9,412 19,170
    TORONTO DOMINION BK ONT COM NEW 18,155 22,687
    TOTAL S.A. 15,677 18,376
    TOUCHSTONE MID CAP FUND CLASS 115,000 143,801
    UNION PACIFIC CORP 11,127 22,209
    UNITED HEALTH GROUP INC 27,712 47,856
    UNITED PARCEL SERVICE-CL B 22,011 43,829
    VANGUARD DEVELOPED MARKETS ETF    
    VANGUARD EMERGING MKT STK IND 49,572 86,940
    VANGUARD MIDCAP VIPER 104,337 184,464
    VISA INC CLASS A SHRS 3,440 44,143
    WALT DISNEY CO 7,478 34,414

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    SCHILDBERG FOUNDATION
    EIN:
    42-1282794
    US Government Securities - End of Year Book Value:

    356,450
    US Government Securities - End of Year Fair Market Value:

    375,755
    State & Local Government Securities - End of Year Book Value:


     
    State & Local Government Securities - End of Year Fair Market Value:


     


    TY 2020 LegalFeesSchedule
    Name:
    SCHILDBERG FOUNDATION
    EIN:
    42-1282794
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 1,079 1,079    


    TY 2020 OtherExpensesSchedule
    Name:
    SCHILDBERG FOUNDATION
    EIN:
    42-1282794
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    ADR FEES 16 16    


    TY 2020 OtherIncomeSchedule2
    Name:
    SCHILDBERG FOUNDATION
    EIN:
    42-1282794
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    TAX REFUND 3,779    
    OTHER INCOME 5,690 5,690  
    OTHER INCOME-MARKET DISCOUNT 1,541    


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    SCHILDBERG FOUNDATION
    EIN:
    42-1282794
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    WELLS FARGO INVESTMENT MGMT 33,957 33,957    


    TY 2020 TaxesSchedule
    Name:
    SCHILDBERG FOUNDATION
    EIN:
    42-1282794
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX 1,081 1,081    
    FEDERAL TAX PAID 8,904