Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
GRATIS FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)600 13TH ST NW CO LAURIDSEN- PW
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WASHINGTON, DC20005
A Employer identification number

26-3639918
B Telephone number (see instructions)

(202) 414-1000
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$18,562,913J 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... 296,614 296,614  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 496,516
b Gross sales price for all assets on line 6a 4,075,210
7 Capital gain net income (from Part IV, line 2)... 496,516
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 3,904 1,864 0
12 Total. Add lines 1 through 11........ 797,034 794,994 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 127,174 127,174 0 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 13,210 3,210 0 0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 42,262 0 0 42,262
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 182,646 130,384 0 42,262
25 Contributions, gifts, grants paid....... 1,000,000 1,000,000
26 Total expenses and disbursements. Add lines 24 and 25 1,182,646 130,384 0 1,042,262
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -385,612
b Net investment income (if negative, enter -0-) 664,610
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............. 55,112 43,702 43,702
2 Savings and temporary cash investments......... 792,832 548,682 548,682
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) 2,139,173 Click to see attachment2,038,911 2,134,078
b Investments—corporate stock (attach schedule)....... 5,763,809 Click to see attachment6,282,402 10,965,258
c Investments—corporate bonds (attach schedule)....... 2,549,261 Click to see attachment2,112,047 2,284,490
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,208,577 Click to see attachment2,122,521 2,586,703
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment9,740 Click to see attachment0 Click to see attachment0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 13,518,504 13,148,265 18,562,913
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
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........ 13,518,504 13,148,265
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 13,518,504 13,148,265
30 Total liabilities and net assets/fund balances (see instructions). 13,518,504 13,148,265
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
13,518,504
2
Enter amount from Part I, line 27a .....................
2
-385,612
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
15,373
4
Add lines 1, 2, and 3 ..........................
4
13,148,265
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
13,148,265
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 PUBLICALLY TRADED SECURITIES   2020-01-01 2020-12-31
b PUBLICALLY TRADED SECURITIES   2020-01-01 2020-12-31
c CAPITAL GAINS DIVIDENDS P    
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 2,850,250   2,378,943 471,307
b 1,202,949   1,199,751 3,198
c 22,011     22,011
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       471,307
b       3,198
c       22,011
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 2 496,516
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 3,198
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 9,238
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 9,238
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 9,238
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 12,309
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 12,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 24,309
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 15,071
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet15,071 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletDE
    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 ofbulletPRICEWATERHOUSECOOPERS Telephone no.bullet (202) 414-1000

    Located atbullet600 THIRTEENTH ST NWWASHINGTONDC ZIP+4bullet20005
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    ADRIAN ZACCARIA DIRECTOR
    1.00     		0 0 0
    C/O PWC 600 THIRTEENTH ST NW
    WASHINGTON,DC20005
    MARY SANDRA ZACCARIA DIRECTOR
    1.00     		0 0 0
    C/O PWC 600 THIRTEENTH ST NW
    WASHINGTON,DC20005
    JUSTIN ZACCARIA PRES/SECTY/TREAS
    1.00     		0 0 0
    C/O PWC 600 THIRTEENTH ST NW
    WASHINGTON,DC20005
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    16,282,705
    b
    Average of monthly cash balances.......................
    1b
    697,279
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    16,979,984
    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
    16,979,984
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    254,700
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    16,725,284
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    836,264
    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
    836,264
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    9,238
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    9,238
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    827,026
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    827,026
    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
    827,026
    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
    1,042,262
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,042,262
    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
    1,042,262
    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 7 827,026
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018...... 51,288
    e From 2019...... 219,103
    fTotal of lines 3a through e........ 270,391
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 1,042,262
    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..... 827,026
    e Remaining amount distributed out of corpus 215,236
    5 Excess distributions carryover applied to 2020. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 485,627
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		485,627
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018.... 51,288
    d Excess from 2019.... 219,103
    e Excess from 2020.... 215,236
    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 e-mail address of the person to whom applications should be addressed:
    WELLS FARGO PHILANTHROPIC SERVICES
    WWWWELLSFARGOCOM/PRIVATEFOUNDATIONG
    ANTS/GRATIS
    WINSTON SALEM,NC27101
    (888) 235-4351
    bThe form in which applications should be submitted and information and materials they should include:
    WWW.WELLSFARGO.COM/PRIVATEFOUNDATIONGRANTS/GRATIS APPLICATION MUST BE SUBMITTED THROUGH THE ONLINE GRANT APPLICATION FORM.
    cAny submission deadlines:
    JANUARY 31ST, MAY 31ST AND SEPTEMBER 30TH
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    THE FOUNDATION DOES NOT ACCEPT FOR GRANTS THAT WOULD BE PAYABLE TO, OR FOR THE BENEFIT OF, SPECIFIC INDIVIDUALS.
    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
    A WIDER CIRCLE INC
    9159 BROOKVILLE ROAD
    SILVER SPRING,MD20910     		NONE PC GENERAL USE 7,500
    AID TO VICTIMS OF DOMESTIC ABUSE INC
    PO BOX 6161
    DELRAY BEACH,FL33482     		NONE PC GENERAL USE 10,000
    AMERICAN HEART ASSOCIATION INC
    7272 GREENVILLE AVENUE
    DALLAS,TX75231     		NONE PC GENERAL USE 25,000
    AMERICAN HUMANE ASSOCIATION
    1400 16TH STREET NW SUITE 360
    WASHINGTON,DC20036     		NONE PC GENERAL USE 15,000
    AMERICAN NATIONAL RED CROSS - DONATION OFFICE
    430 17TH STREET NW
    WASHINGTON,DC20006     		NONE PC GENERAL USE 5,000
    AMERICAN SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS
    424 E 92ND STREET
    NEW YORK,NY10128     		NONE PC GENERAL USE 15,000
    ANGEL FLIGHT OF NEW ENGLAND INC
    492 SUTTON STREET
    NORTH ANDOVER,MA01845     		NONE PC GENERAL USE 7,500
    BOSTON HEALTH CARE FOR THE HOMELESS PROGRAM INC
    780 ALBANY STREET
    BOSTON,MA02118     		NONE PC GENERAL USE 10,000
    CANINE COMPANIONS FOR INDEPENDENCE INC
    PO BOX 446
    SANTA ROSE,CA95402     		NONE PC GENERAL USE 15,000
    CAPE COD FOUNDATION INC
    261 WHITES PATH 2
    SOUTH YARMOUTH,MA02664     		NONE PC GENERAL USE 10,000
    CAPE CODE TIMES NEEDY FUND INC
    PO BOX 804
    HYANNIS,MA02601     		NONE PC GENERAL USE 10,000
    CASA MYRNA VASQUEZ INC
    451 BLUE HILL AVENUE
    BOSTON,MA02121     		NONE PC GENERAL USE 10,000
    CATHOLIC CHARITIES OF THE DIOCESE OF PALM BEACH INC
    9995 N MILITARY TRL
    WEST PALM BEACH,FL33410     		NONE PC GENERAL USE 7,500
    CHILDREN'S HOSPITAL CORPORATION
    3333 BURNET AVENUE
    BOSTON,MA02115     		NONE PC GENERAL USE 35,000
    CHRISTIANS REACHING OUT TO SOCIETY INC
    3677 23RD AVENUE SOUTH B-101
    LAKE WORTH,FL33461     		NONE PC GENERAL USE 7,500
    CITY MISSION INC
    185 COLUMBIA ROAD
    DORCHESTER,MA02121     		NONE PC GENERAL USE 10,000
    DIRECT RELIEF
    6100 WALLACE BECKNELL ROAD
    SANTA BARBARA,CA93117     		NONE PC GENERAL USE 5,000
    ELDER SERVICES CENTER INC
    2315 WASHINGTON STREET
    BOSTON,MA02119     		NONE PC GENERAL USE 7,500
    FALMOUTH SERVICE CENTER INC
    611 GIFFORD STREET
    FALMOUTH,MA02540     		NONE PC GENERAL USE 7,500
    FAMILY PROMISE OF NORTH CENTRAL PALM BEACH INC
    2635 OLD OKEECHOBEE ROAD
    WEST PALM BEACH,FL33409     		NONE PC GENERAL USE 7,500
    FINEX HOUSE INCORPORATED
    PO BOX 300670
    JAMAICA PLAIN,MA02130     		NONE PC GENERAL USE 10,000
    FISHER HOUSE FOUNDATION INC
    12300 TWINBROOK PARKWAY SUITE 410
    ROCKVILLE,MD20852     		NONE PC GENERAL USE 25,000
    FLOC FOR LOVE OF CHILDREN
    1301 PENNSYLVANIA AVENUE SE
    WASHINGTON,DC20003     		NONE PC GENERAL USE 10,000
    FRIENDS OF THE CHILDREN-BOSTON INC
    184 DUDLEY ST SUITE 100
    ROXBURY,MA02119     		NONE PC GENERAL USE 10,000
    HIRE HEROES USA
    1360 UNION HILL ROAD BLDG 2 SUITE A
    ALPHARETTA,GA30004     		NONE PC GENERAL USE 10,000
    HORIZONS FOR HOMELESS CHILDREN INC
    1705 COLUMBUS AVENUE
    ROXBURY,MA02119     		NONE PC GENERAL USE 10,000
    HUMANE SOCIETY OF THE UNITED STATES
    1255 23RD STREET NW SUITE 450
    WASHINGTON,DC20037     		NONE PC GENERAL USE 10,000
    INDEPENDENCE HOUSE INC
    160 BASSETT LAIN
    HYANNIS,MA02601     		NONE PC GENERAL USE 10,000
    INTERNATIONAL RESCUE COMMITTEE INC
    PO BOX 6068
    ALBER LEA,MN56007     		NONE PC GENERAL USE 25,000
    LOYOLA UNIVERSITY MARYLAND INC
    4501 N CHARLES STREET
    BALTIMORE,MD21210     		NONE PC GENERAL USE 15,000
    MAKE-A-WISH FOUNDATION OF MASSACHUSETTS AND RHODE ISLAND INC
    133 FEDERAL STREET 2ND FLOOR
    BOSTON,MA02110     		NONE PC GENERAL USE 7,500
    MARTHA'S TABLE
    2375 ELVANS ROAD SE
    WASHINGTON,DC20020     		NONE PC GENERAL USE 10,000
    MASSACHUSETTS ADOPTION RESOURCE EXCHANGE INC
    19 NEEDHAM STREET 206
    NEWTON HIGHLANDS,MA02461     		NONE PC GENERAL USE 10,000
    MASSACHUSETTS GENERAL HOSPITAL
    55 FRUIT STREET
    BOSTON,MA02114     		NONE PC GENERAL USE 35,000
    MEDICAL TEAMS INTERNATIONAL
    14150 SW MILTON COURT
    TIGARD,OR97224     		NONE PC GENERAL USE 25,000
    NATIONAL ACADEMY OF ENGINEERING FUND
    500 FIFTH STREET NW
    WASHINGTON,DC20001     		NONE PC GENERAL USE 15,000
    NEWTON WELLESLEY HOSPITAL CHARITABLE FOUNDATION INC
    2014 WASHINGTON STREET
    NEWTON,MA02462     		NONE PC GENERAL USE 35,000
    PERKINS SCHOOL FOR THE BLIND
    175 N BEACON STREET
    WATERTOWN,MA02472     		NONE PC GENERAL USE 10,000
    SHRINERS HOSPITAL FOR CHILDREN
    2900 N ROCKY POINT DRIVE
    TAMPA,FL33607     		NONE PC GENERAL USE 35,000
    ST JOHN THE EVANGELIST PARISH
    348 E 55TH STREET
    NEW YORK,NY10022     		NONE PC GENERAL USE 5,000
    ST JUDE CHILDREN'S RESEARCH HOSPITAL INC
    262 DANNY THOMAS PLACE
    MEMPHIS,TN38105     		NONE PC GENERAL USE 35,000
    ST JULIA PARISH
    374 BOSTON POST ROAD
    WESTON,MA02493     		NONE PC GENERAL USE 5,000
    ST LUCY CHURCH
    118 7TH AVENUE
    NEWARK,NJ07104     		NONE PC GENERAL USE 5,000
    ST LUKE CATHOLIC CHURCH
    49 TURKEY HILL ROAD
    WESTPORT,CT06880     		NONE PC GENERAL USE 10,000
    ST RAPHAEL'S CATHOLIC CHURCH
    346 E MT PLEASANT AVENUE
    LIVINGSTON,NJ07039     		NONE PC GENERAL USE 5,000
    ST VINCENT DE PAUL SOCIETY
    PO BOX 907
    NEW YORK CITY,NY10150     		NONE PC GENERAL USE 7,500
    THE FAMILY PANTRY OF CAPE COD CORP
    133 QUEENS ANNE ROAD
    HARWICH,MA02645     		NONE PC GENERAL USE 7,500
    THE SALVATION ARMY
    615 SLATERS LANE
    ALEXANDRIA,VA22314     		NONE PC GENERAL USE 12,500
    TRANSITION HOUSE INC
    136 BISHOP ALLEN DRIVE
    CAMBRIDGE,MA02139     		NONE PC GENERAL USE 10,000
    UNITED STATES FUND FOR UNICEF
    125 MAIDEN LANE
    NEW YORK,NY10038     		NONE PC GENERAL USE 25,000
    UNITED STATES MERCHANT MARINE ACADEMY ALUMNI
    300 STEAMBOAT ROAD
    KINGS POINT,NY11024     		NONE PC GENERAL USE 15,000
    WOMENS LUNCH PLACE INC
    67 NEWBURY STREET
    BOSTON,MA02116     		NONE PC GENERAL USE 7,500
    WOUNDED WARRIOR PROJECT INC
    4899 BELFORT ROAD SUITE 300
    JACKSONVILLE,FL32256     		NONE PC GENERAL USE 10,000
    PAWS FOR PURPLE HEARTS
    10201 OLD REDWOOD HWY
    PENNGROVE,CA94951     		NONE PC GENERAL USE 10,000
    NAVY SEAL FOUNDATION INC
    1619 D ST VIRGINIA BEACH
    VIRGINIA BEACH,VA23455     		NONE PC GENERAL USE 10,000
    MARCH OF DIMES - CAPE FEAR DIVISION
    1550 CRYSTAL DRIVE SUITE STE 300
    ARLINGTON,VA22202     		NONE PC GENERAL USE 10,000
    GARY SINISE FOUNDATION
    1901 AVENUE OF THE STARS NO 1050
    LOS ANGELES,CA90067     		NONE PC GENERAL USE 10,000
    DUKE UNIVERSITY
    324 BLACKWELL ST WASHIN BLDG NO 850
    DURHAM,NC27701     		NONE PC GENERAL USE 200,000
    THRIVE SCHOLARS
    160 STATE ST
    BOSTON,MA02109     		NONE PC GENERAL USE 20,000
    SAVE THE CHILDREN FOUNDATION
    501 KINGS HIGHWAY EAST SUITE 400
    FAIRFIELD,CT06825     		NONE PC GENERAL USE 25,000
    DC DIAPER BANK
    8860 MONARD DRIVE
    SILVER SPRING,MD20910     		NONE PC GENERAL USE 10,000
    Total .................................bullet 3a 1,000,000
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 296,614  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....     01 3,904  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 496,516  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 797,034 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    797,034
    (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.)
    1 N/A
    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 InvestmentsCorpBondsSchedule
    Name:
    GRATIS FOUNDATION
    EIN:
    26-3639918
    Name of Bond End of Year Book Value End of Year Fair Market Value
    APPLE INC 100,230 104,896
    BLACKROCK INC 209,944 230,538
    BP CAPITAL MARKETS PLC 74,477 82,998
    CHARLES SCHWAB CORP 157,871 172,220
    CITIGROUP INC 205,182 225,116
    FRANKLIN RESOURCES INC 252,363 260,413
    JPMORGAN CHASE & CO 146,652 164,289
    PEPSICO INC 152,025 166,079
    PROCTER & GAMBLE CO/THE 199,270 221,844
    ROSS STORES INC 152,527 160,681
    STATE STREET CORP 103,330 110,959
    THOMSON REUTERS CORP 158,871 164,418
    TOYOTA MOTOR CREDIT CORP 149,340 168,508
    US BANCORP 49,965 51,531

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    GRATIS FOUNDATION
    EIN:
    26-3639918
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AIRBNB INC 8,466 7,927
    AMAZON COM INC COM 56,124 306,151
    CARVANA CO 29,611 47,189
    CHEWY INC 31,982 54,833
    CHIPOTLE MEXICAN GRILL INC 26,092 59,629
    CHOICE HOTELS INTL INC 19,716 41,945
    COLUMBIA SPORTSWEAR CO COM 12,486 22,195
    COMCAST CORP CLASS A 43,795 116,171
    DORMAN PRODUCTS INC 9,837 24,310
    FRONTDOOR INC 14,153 19,481
    HOME DEPOT INC 24,899 45,421
    KAR AUCTION SERVICES INC 8,253 8,058
    LOWES COS INC 38,059 41,572
    LULULEMON ATHLETICA INC 25,001 66,126
    MONRO INC 6,973 10,447
    NETFLIX INC 20,296 133,020
    NIKE INC CL B 53,532 79,506
    PELOTON INTERACTIVE INC 19,157 34,289
    SALLY BEAUTY CO INC 15,234 11,723
    STANLEY BLACK & DECKER,INC 43,488 54,282
    TESLA, INC 11,932 270,977
    TJX COMPANIES INC 38,490 39,950
    UNIFIRST CORP MASS 13,258 23,286
    WOLVERINE WORLD WIDE INC COM 15,733 20,875
    YETI HOLDINGS INC 7,802 10,887
    CASEYS GEN STORES INC 5,632 19,827
    CENTRAL GARDEN & PET CO COM 8,926 11,236
    COSTCO WHOLESALE CORP 9,611 56,517
    ESTEE LAUDER COMPANIES INC 29,755 60,958
    INTER PARFUMS INC 19,328 31,515
    J & J SNACK FOODS CORP 11,738 21,286
    KIMBERLY CLARK CORP 42,052 48,539
    LANCASTER COLONY CORP 5,136 10,105
    PEPSICO INC 29,557 33,961
    CONOCOPHILLIPS 24,666 24,554
    DRIL-QUIP INC COM 15,265 9,330
    PIONEER NAT RES CO COM 10,678 14,806
    AMERICAN EXPRESS CO 35,252 44,011
    ARTISAN PARTNERS ASSET MANAGEM 8,272 17,367
    BLACKROCK INC 29,445 37,520
    CBIZ INC 14,134 15,008
    CIGNA CORPORATION 71,936 95,763
    CITIGROUP INC. 80,919 90,825
    CORELOGIC INC 11,221 25,206
    FIRST HORIZON CORP 11,610 11,280
    GOLDMAN SACHS GROUP 25,513 53,797
    HAMILTON LANE INC 8,039 9,132
    HOULIHAN LOKEY INC 19,379 25,144
    JPMORGAN CHASE & CO 34,369 112,711
    KINSALE CAPITAL GROUP INC 7,087 29,219
    MARSH & MCLENNAN COS INC 38,842 48,204
    NASDAQ, INC 14,315 50,574
    PINNACLE FINL PARTNERS INC 10,285 16,229
    PNC FINANCIAL SERVICES GROUP 28,627 49,021
    PROSPERITY BANCSHARES INC 6,018 9,641
    RLI CORP COM 7,080 18,539
    S&P GLOBAL INC 21,094 33,202
    SOUTH STATE CORP 21,919 18,870
    TRAVELERS COMPANIES, INC 13,249 35,654
    UMPQUA HOLDINGS CORP 10,192 12,506
    US BANCORP 39,399 43,608
    WESTAMERICA BANCORPORATION 10,183 11,445
    BOSTON SCIENTIFIC CORP 32,180 37,388
    DANAHER CORP 18,372 56,868
    DEXCOM INC 14,616 33,645
    EMERGENT BIOSOLUTIONS INC 14,763 18,637
    GUARDANT HEALTH INC 7,793 14,435
    ICU MED INC COM 23,705 29,600
    INTEGRA LIFESCIENCES HOLDING 21,550 30,902
    INTUITIVE SURGICAL INC 14,337 22,907
    JOHNSON & JOHNSON 67,319 125,274
    MCKESSON CORP 33,972 40,176
    MERCK & CO INC 63,185 63,477
    PATTERSON COS INC COM 10,303 10,341
    SAREPTA THERAPEUTICS INC 11,474 12,616
    TELADOC HEALTH INC. 33,455 33,193
    THERMO FISHER SCIENTIFIC INC 30,220 60,551
    VERTEX PHARMACEUTICALS INC 19,205 31,670
    AAON INC 1,144 10,927
    ALAMO GROUP INC COM 11,297 15,588
    BEACON ROOFING SUPPLY INC COM 23,409 26,726
    EXPONENT INC COM 2,807 19,627
    FORWARD AIR CORP COM 9,081 21,131
    HONEYWELL INTERNATIONAL INC 43,216 103,372
    HURON CONSULTING GROUP INC 17,154 18,864
    ILLINOIS TOOL WORKS INC 37,209 68,504
    KIRBY CORP 18,125 17,363
    LANDSTAR SYS INC COM 8,044 18,448
    LOCKHEED MARTIN CORP 32,334 35,853
    MCGRATH RENTCORP 11,051 11,139
    MOOG INC CL A 12,026 21,966
    NORTHROP GRUMMAN CORP 43,915 63,382
    RAVEN INDS INC 9,288 12,309
    SIMPSON MFG INC 9,915 13,644
    UNION PACIFIC CORP 61,617 109,107
    US ECOLOGY, INC. 10,275 9,010
    ACI WORLDWIDE INC 18,293 21,713
    ADOBE INC 11,320 104,525
    ALPHABET INC CL A 21,574 141,933
    APPLE INC 80,877 284,222
    BLACKBAUD INC 17,705 23,657
    CASS INFORMATION SYS INC 8,036 7,549
    COUPA SOFTWARE INCORPORATED 20,666 44,736
    CROWDSTRIKE HOLDINGS INC 19,265 61,004
    ENVESTNET INC 12,033 19,420
    EPLUS INC COM 13,716 14,336
    FACEBOOK INC 65,011 169,632
    FIDELITY NATL INFORMATION SVCS INC 15,129 47,389
    FISERV INC 24,518 52,831
    INTEL CORP COMM 45,619 37,415
    MANHATTAN ASSOCIATES, INC COM 2,049 32,395
    MASTERCARD INC 4,170 68,889
    MATCH GROUP INC NEW 70,322 94,796
    MESA LABORATORIES INC 9,097 14,332
    MICROSOFT CORP 33,569 137,678
    NATIONAL INSTRS CORP COM 12,278 18,279
    NVIDIA CORP COM 10,538 116,451
    POWER INTERGRATIONS INC 4,067 17,845
    QUALYS INC 20,889 29,249
    SALESFORCE COM INC 9,050 80,556
    SNOWFLAKE INC 22,145 16,603
    SPLUNK INC 6,033 32,959
    SQUARE INC 66,265 75,739
    TECHTARGET INC 5,336 7,270
    TEXAS INSTRUMENTS INC 21,725 79,767
    TRADE DESK INC 16,620 45,657
    TWILIO INC 37,525 83,609
    UBER TECHNOLOGIES INC 54,914 74,664
    VISA INC-CLASS A SHRS 24,821 111,333
    WORKDAY INC 10,021 36,660
    ZOOM VIDEO COMMUNICATIONS INC 21,341 13,830
    BALCHEM CORP CLASS B 3,434 12,098
    PPG INDUSTRIES INC 47,646 66,774
    SILGAN HLDGS INC 11,955 14,832
    STEPAN CO COM 6,271 11,813
    DOMINION ENERGY INC 28,363 27,222
    DUKE ENERGY HOLDING CORP 66,352 72,332
    SOUTHERN CO 83,330 90,118
    ACCENTURE PLC 12,957 81,236
    ADYEN N.V. 41,049 102,405
    AON PLC 45,199 80,494
    ATLASSIAN CORPORATION PLC 32,494 46,306
    CHUBB LIMITED 59,227 87,580
    DIAGEO PLC - ADR 28,126 32,715
    EATON CORP PLC 32,648 68,720
    FARFETCH LIMITED 11,960 12,060
    KERING 19,377 32,168
    LVMH MOET HENNESSY UNSP ADR 52,383 59,371
    MEDTRONIC, PLC 56,597 89,143
    NESTLE S.A. REGISTERED SHARES - ADR 47,237 83,285
    NXP SEMICONDUCTORS NV 31,551 37,208
    ROCHE HOLDINGS LTD - ADR 31,529 43,358
    SAFRAN SA 40,530 39,148
    SHOPIFY INC 76,349 143,758
    SPOTIFY TECHNOLOGY S.A. 45,735 56,953
    TAIWAN SEMICONDUCTOR MANUFACTU - ADR 42,736 49,068
    TRANE TECHNOLOGIES PUBLIC LIMITED COMPANY 25,579 55,596
    ISHARES RUSSELL MID-CAP ETF 542,933 1,041,960
    MONDRIAN INTERNATIONAL VALUE EQUITY FUND 800,000 805,455
    WILLIAM BLAIR INTERNATIONAL GROWTH FUND 900,000 1,264,977
    PAYPAL HOLDINGS INC 58,870 112,182

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    GRATIS FOUNDATION
    EIN:
    26-3639918
    US Government Securities - End of Year Book Value:

    2,038,911
    US Government Securities - End of Year Fair Market Value:

    2,134,078
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2020 InvestmentsOtherSchedule2
    Name:
    GRATIS FOUNDATION
    EIN:
    26-3639918
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    BOSTON PARTNERS LONG/SHORT RESEARCH FUND FMV 466,796 474,846
    FTI CONSULTING INC COM FMV 16,697 19,216
    NEUBERGER BERMAN LONG SHORT FUND FMV 550,000 639,153
    AGREE RLTY CORP COM FMV 13,559 13,649
    ALEXANDRIA REAL ESTATE EQUITIES INC FMV 28,030 51,149
    AMERICAN ASSETS TRUST INC FMV 8,686 9,704
    AMERICAN CAMPUS CMNTYS INC COM FMV 8,895 10,906
    AMERICAN HOMES 4 RENT FMV 44,471 57,090
    AMERICAN TOWER CORP FMV 43,372 43,994
    APARTMENT INCOME REIT CORP FMV 0 25,581
    APARTMENT INVESTMENT AND MANAG FMV 21,698 3,517
    APPLE HOSPITALITY REIT INC FMV 9,350 9,708
    AVALONBAY CMNTYS INC COM FMV 57,227 68,825
    BOSTON PROPERTIES INC COM FMV 9,566 11,438
    BRANDYWINE RLTY TR BD FMV 9,754 7,444
    BROADSTONE NET LEASE INC FMV 1,935 2,291
    CAMDEN PPTY TR SH BEN INT FMV 19,601 21,383
    CORESITE REALTY CORP FMV 17,271 19,669
    COUSINS PROPERTIES, INC FMV 29,895 28,810
    CUBESMART FMV 10,054 22,183
    CYRUSONE INC FMV 16,419 17,190
    DIAMONDROCK HOSPITALITY CO FMV 4,883 7,293
    DIGITAL RLTY TR INC COM FMV 14,593 15,067
    EQUINIX, INC. FMV 47,078 107,841
    EQUITY LIFESTYLE PPTYS INC COM FMV 16,296 26,801
    EQUITY RESIDENTIAL PPTYS TR SH FMV 9,915 12,153
    ESSEX PPTY TR COM FMV 39,424 58,880
    EXTRA SPACE STORAGE INC COM FMV 15,248 34,179
    FIRST INDL RLTY TR INC FMV 5,723 14,619
    HEALTHCARE RLTY TR FMV 15,533 15,067
    HEALTHCARE TRUST OF AMERICA, INC FMV 42,326 45,331
    INVITATION HOMES INC FMV 52,576 75,854
    KILROY REALTY CORP COM FMV 14,219 15,900
    PARK HOTELS & RESORTS INC FMV 10,304 11,027
    PROLOGIS, INC. FMV 43,546 123,778
    PS BUSINESS PARKS INC FMV 23,949 24,714
    PUBLIC STORAGE INC FMV 5,751 14,087
    REGENCY CENTERS CORP FMV 21,624 20,516
    REXFORD INDUSTRIAL REALTY INC FMV 16,491 18,760
    SABRA HEALTH CARE REIT, INC. FMV 18,328 17,804
    SAUL CTRS INC COM FMV 3,350 2,883
    SIMON PROPERTY GROUP INC FMV 15,234 16,033
    STORE CAPITAL CORPORATION FMV 23,954 38,703
    SUN CMNTYS INC COM FMV 19,245 49,688
    TERRENO REALTY CORP FMV 18,881 29,196
    UNIVERSAL HEALTH RLTY INCOME FMV 8,186 11,183
    VICI PROPERTIES INC FMV 20,137 24,378
    WELLTOWER INC FMV 56,229 75,476
    WEYERHAEUSER CO FMV 9,831 9,422
    SPDR DJ WILSHIRE INTERNATIONAL REAL FMV 146,391 112,324

    TY 2020 OtherAssetsSchedule
    Name:
    GRATIS FOUNDATION
    EIN:
    26-3639918
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    TAX REFUND NOT RECEIVED FROM 2018 9,740 0 0


    TY 2020 OtherExpensesSchedule
    Name:
    GRATIS FOUNDATION
    EIN:
    26-3639918
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    GRANT ADMINSTRATIVE FEES 42,262 0 0 42,262


    TY 2020 OtherIncomeSchedule2
    Name:
    GRATIS FOUNDATION
    EIN:
    26-3639918
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    FEDERAL REFUND 2,040 0 0
    REIMBURSEMENT OF FEES 1,827 1,827 0
    CLASS ACTION SETTLEMENT 37 37 0


    TY 2020 OtherIncreasesSchedule
    Name:
    GRATIS FOUNDATION
    EIN:
    26-3639918
    Description Amount
    BALANCE SHEET ADJUSTMENT - WELLS FARGO 15,373


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    GRATIS FOUNDATION
    EIN:
    26-3639918
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CUSTODIAN & MANAGEMENT FEES 96,261 96,261 0 0
    ADVISORY FEES 30,721 30,721 0 0
    ADR FEES 192 192 0 0


    TY 2020 TaxesSchedule
    Name:
    GRATIS FOUNDATION
    EIN:
    26-3639918
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 3,210 3,210 0 0
    FEDERAL TAX PAYMENTS 10,000 0 0 0