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
THE DAVID AND LURA LOVELL FNDN
JOHN AMOROSO EXECUTIVE DIRECTOR
Number and street (or P.O. box number if mail is not delivered to street address)4765 E CAMP LOWELL DRIVE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
TUCSON, AZ85712
A Employer identification number

34-1733685
B Telephone number (see instructions)

(520) 325-3656
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$20,468,495J 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 275,936 275,936  
4 Dividends and interest from securities... 34,233 34,233  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -282,563
b Gross sales price for all assets on line 6a 10,670,058
7 Capital gain net income (from Part IV, line 2)...  
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 3,862    
12 Total. Add lines 1 through 11........ 31,468 310,169  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 148,195 7,410   140,785
14 Other employee salaries and wages...... 93,381 7,665   85,716
15 Pension plans, employee benefits....... 52,746 2,637   50,109
16a Legal fees (attach schedule)......... Click to see attachment 1,640     1,640
b Accounting fees (attach schedule)....... Click to see attachment 11,147 8,360   2,787
c Other professional fees (attach schedule).... Click to see attachment 413,247 243,771   169,476
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 40,363 35,078   5,285
19 Depreciation (attach schedule) and depletion... Click to see attachment 9,118    
20 Occupancy..............        
21 Travel, conferences, and meetings....... 19,476 2,921   16,555
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 108,943 6,977   101,966
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 898,256 314,819   574,319
25 Contributions, gifts, grants paid....... 4,622,683 4,622,683
26 Total expenses and disbursements. Add lines 24 and 25 5,520,939 314,819   5,197,002
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -5,489,471
b Net investment income (if negative, enter -0-) 0
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 5,776,416 20,468,495 20,468,495
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) bullet250,000
Less: allowance for doubtful accounts bullet   50,000 Click to see list of attachments250,000  
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 9,862,597    
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule)....... 10,332,709    
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 bullet352,846
Less: accumulated depreciation (attach schedule) bullet66,783 292,638 Click to see attachment286,063  
15 Other assets (describe bullet) Click to see attachment15,090 Click to see attachment15,090  
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 26,329,450 21,019,648 20,468,495
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........ 26,329,450  
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds   21,019,648
29 Total net assets or fund balances (see instructions)..... 26,329,450 21,019,648
30 Total liabilities and net assets/fund balances (see instructions). 26,329,450 21,019,648
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
26,329,450
2
Enter amount from Part I, line 27a .....................
2
-5,489,471
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
179,669
4
Add lines 1, 2, and 3 ..........................
4
21,019,648
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
21,019,648
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 WILLIAM BLAIRE PUB TRADED SECURITIES P    
b
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 10,670,058   10,952,621 -282,563
b
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       -282,563
b
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 -282,563
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 0
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  
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  
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 6,898
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 6,898
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 6,898
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet6,898 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)
    bulletAZ
    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 instructionsClick to see attachment.................
    12
    Yes
     
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.LOVELLFOUNDATION.ORG
    14
    The books are in care ofbulletJOHN AMOROSO Telephone no.bullet (520) 325-3656

    Located atbullet4765 E CAMP LOWELL DRIVETUCSONAZ ZIP+4bullet85712
    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
    ANN W LOVELL PRESIDENT
    000.00     		0 0 0
    4765 E CAMP LOWELL DRIVE
    TUCSON,AZ85712
    MARTY COHEN TRUSTEE
    000.00     		0 0 0
    4765 E CAMP LOWELL DRIVE
    TUCSON,AZ85712
    KENDRA MOUSHEY TRUSTEE
    000.00     		0 0 0
    4765 E CAMP LOWELL DRIVE
    TUCSON,AZ85712
    JOHN AMOROSO EXECUTIVE DI
    40.00     		148,195 50,074 0
    4765 E CAMP LOWELL
    TUCSON,AZ85712
    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
    ANN BORDEN OFFICE MANAG
    40.00     		59,917 9,785  
    C/O THE DAVID AND LURA LOVELL FNDN
    4765 E CAMP LOWELL DRIVE
    TUCSON,AZ85712
    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
    WILLIAM BLAIR LLC INV ADVISORY 186,436
    222 WEST ADAMS STREET
    CHICAGO,IL60606
    ROSSETTI CONSULTING GROUP CONSULTING 113,035
    4729 E SUNRISE DRIVE PMB 240
    TUCSON,AZ85718
    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
    6,775,556
    b
    Average of monthly cash balances.......................
    1b
    19,335,010
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    26,110,566
    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
    26,110,566
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    391,658
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    25,718,908
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,285,945
    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
    1,285,945
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
     
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,285,945
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,285,945
    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
    1,285,945
    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
    5,197,002
    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
    5,197,002
    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
    5,197,002
    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 1,285,945
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 83,444
    b From 2016...... 158,474
    c From 2017...... 1,828,130
    d From 2018...... 2,717,482
    e From 2019...... 3,319,943
    fTotal of lines 3a through e........ 8,107,473
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 5,197,002
    a Applied to 2019, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2020 distributable amount..... 1,285,945
    e Remaining amount distributed out of corpus 3,911,057
    5 Excess distributions carryover applied to 2020.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 12,018,530
    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) ...     		83,444
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		11,935,086
    10 Analysis of line 9:
    a Excess from 2016.... 158,474
    b Excess from 2017.... 1,828,130
    c Excess from 2018.... 2,717,482
    d Excess from 2019.... 3,319,943
    e Excess from 2020.... 3,911,057
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ACT ONE
    910 EAST OSBORN ROAD
    SUITE C
    PHOENIX,AZ85014     		N/A PC YOUTH EDUCATION 62,000
    AMERICAN SOCIETY OF ACUPUNCTURISTS
    6651 N FAIRFIELD AVE
    CHICAGO,IL60645     		NA PC PLANNING PROJECT 60,500
    ARIZONA GRANTMAKERS FORUM
    2201 EAST CAMELBACK ROAD
    SUITE 405B
    PHOENIX,AZ85016     		N/A PC CAPACITY BUILDING 4,000
    ARIZONA HOSPITAL & HEALTHCARE ASSOC
    2800 NORTH CENTRAL AVENUE
    NO 1450
    PHOENIX,AZ85004     		N/A PC PUBLIC EDUCATION 309,000
    ARIZONA PUBLIC MEDIA
    1423 E UNIVERSITY BLVD
    STE 223
    TUCSON,AZ85721     		N/A PC PRODUCER REPORTER MENTAL HEALTH GRAN 32,750
    ARIZONA THEATRE COMPANY
    343 SOUTH SCOTT AVENUE
    TUCSON,AZ85701     		N/A PC YOUTH EDUCATION 20,000
    BANNER HEALTH FOUNDATION
    2901 N CENTRAL AVENUE
    SUITE 160
    PHOENIX,AZ85012     		N/A PC END OF LIFE CARE AND PLANNING 125,000
    BAY VIEW ASSOCIATION
    PO BOX 583
    PETOSKEY,MI49770     		N/A PC GENERAL OPERATIONS 3,000
    BEATITUDE HOUSE
    238 TOD LANE
    YOUNGSTOWN,OH44504     		N/A PC MATCHING GRANT 2,000
    BLACK SWAMP CONSERVENCY
    PO BOX 332
    PERRYSBURG,OH43552     		N/A PC GENERAL OPERATIONS 2,000
    BOYS TO MEN TUCSON
    5925 E BROADWAY BLVD
    SUITE 125
    TUCSON,AZ85711     		N/A PC MATCHING GRANT 44,000
    CATHOLIC COMMUNITY SERVICES
    140 W SPEEDWAY
    SUITE 230
    TUCSON,AZ85705     		N/A PC END OF LIFE CARE AND PLANNING 83,974
    CENTER FOR INDEPENDENT DOCUMENTARY
    1300 SOLDIERS FIELD ROAD
    SUITE 5
    BOSTON,MA02135     		N/A PC COMMUNITY EDUCATION 75,000
    COMMUNITY FOUNDATION OF SOUTHERN AZ
    5049 E BROADWAY BLVD
    SUITE 201
    TUCSON,AZ85711     		N/A PC COVID-19 RESPONSE 100,000
    DEVEREUX ADVANCED BEHAVIORAL
    HEALTH ARIZONA
    444 DEVEREUX DRIVE
    VILLANOVA,PA19085     		N/A PC GENERAL OPERATIONS 2,000
    DUNBAR COALITION
    PO BOX 86132
    TUCSON,AZ85754     		N/A PC HEALTH CARE 25,000
    EL RIO SANTA CRUZ NEIGHBORHOOD
    HEALTH CENTER
    839 WEST CONGRESS STREET
    TUCSON,AZ85745     		N/A PC HEALTH CARE 178,443
    ELLA CENTER INC
    53 WEST MARBLE CANYON RD
    ORO VALLEY,AZ85755     		N/A PC GENERAL OPERATIONS 620
    GIRL SCOUTS OF THE USA
    420 FIFTH AVENUE
    NEW YORK,NY10018     		N/A PC ORGANIZATION CAPACITY BUILDING 367,143
    GREATER TOLEDO COMMUNITY FOUNDATION
    300 MADISON AVE
    SUITE 1300
    TOLEDO,OH43604     		N/A PC DONOR-ADV FUND FOR MENTAL HEALTH 200,000
    GROWTH PARTNERS ARIZONA
    333 N WILMONT RD
    SUITE 227
    TUCSON,AZ85711     		N/A PC STRATEGIC GROWTH PLAN 20,000
    HEALTH CARE FOR ALL
    ONE FEDERAL STREET
    5TH FLOOR
    BOSTON,MA02110     		N/A PC GENERAL OPERATIONS 2,000
    INTERFAITH COMMUNITY SERVICE
    2820 WEST INA ROAD
    TUCSON,AZ85741     		N/A PC COMMUNITY EDUC & CAPACITY BUILDING 177,322
    INTERNATIONAL DOCUMENTARY
    ASSOCIATION - UPPER EAST FILMS
    49 EAST 78 STREET
    SUITE 2A
    NEW YORK,NY10075     		N/A PC EDUCATION 110,000
    INVISIBLE THEATRE
    1400 NORTH FIRST AVENUE
    TUCSON,AZ85719     		N/A PC COMMUNITY EDUCATION 6,000
    JEWISH COMMUNITY FOUNDATION
    3718 E RIVER RD
    SUITE 118
    TUCSON,AZ85718     		N/A PC COVID-19; TOHONO O'ODHAM, P YAQUI 20,000
    JEWISH FAMILY SERVICES OF METROWEST
    475 FRANKLIN STREET
    SUITE 101
    FRAMINGHAM,MA01702     		N/A PC MATCHING GRANT 500
    LA FRONTERA ARIZONA
    504 W 29TH ST
    TUCSON,AZ85713     		N/A PC COMMUNITY EDUCATION 70,000
    LIBRARY LEGACY FOUNDATION
    325 N MICHIGAN ST
    TOLEDO,OH43604     		N/A PC MATCHING GRANT 200
    MASS ASSOC FOR MENTAL HEALTH
    50 FEDERAL STREET
    BOSTON,MA02110     		N/A PC GENERAL OPERATIONS 500
    ME2ORCHESTRA
    521 MONTANA AVENUE 307
    SANTA MONICA,CA90403     		N/A PC EDUCATION 25,000
    METROWEST LEGAL SERVICE
    63 FOUNTAIN STREET
    SUITE 304
    FRAMINGHAM,MA01702     		N/A PC GENERAL OPERATIONS 500
    NATIONAL ALLIANCE ON MENTAL ILLNESS
    OF SOUTHERN ARIZONA
    6122 EAST 22ND STREET
    TUCSON,AZ85711     		N/A PC COMMUNITY EDUCATION 136,630
    NATIONAL ALLIANCE ON MENTAL ILLNESS
    3803 NORTH FAIRFAX DRIVE
    SUITE 100
    ARLINGTON,VA22203     		N/A PC ORGANIZATION CAPACITY BUILDING 50,000
    NATIONAL CIVIL RIGHTS MUSEUM
    450 MULBERRY ST
    MEMPHIS,TN38103     		N/A PC MATCHING GRANT 1,000
    NATIONAL JAGUAR PROJECT
    2114 WEST GRANT ROAD
    SUITE 121
    TUCSON,AZ85745     		N/A PC MATCHING GRANT 210
    OCIM
    150 E HURON ST
    SUITE 1100
    CHICAGO,IL60611     		N/A PC HEALTH CARE 255,000
    OUR FAMILY SERVICES
    2590 NORTH ALVERNON WAY
    TUCSON,AZ85712     		N/A PC COMMUNITY EDUCATION 15,000
    OWL AND PANTHER
    PO BOX 43691
    TUCSON,AZ85733     		N/A PC MATCHING GRANT 1,831
    PAIN COMMUNITY
    6325 WEST 101ST TERRACE
    OVERLAND PARK,KS66212     		N/A PC HEALTH CARE 113,850
    PIMA COUNCIL ON AGING
    8467 E BROADWAY BLVD
    TUCSON,AZ85710     		N/A PC END OF LIFE CARE AND PLANNING 239,688
    SAFE PASSAGE PROJECT
    185 WEST BROADWAY
    NEW YORK,NY10013     		N/A PC MATCHING GRANT 5,000
    SEAGO - AREA AGENCY ON AGING
    300 COLLINS ROAD
    BISBEE,AZ85603     		N/A PC HEALTH CARE 75,250
    SOUTHERN ARIZONA AIDS FOUNDATION
    375 SOUTH EUCLID AVENUE
    TUCSON,AZ85719     		N/A PC ORGANIZATION CAPACITY BUILDING 50,000
    SOUTHWEST FOLKLIFE ALLIANCE
    PO BOX 42044
    TUCSON,AZ85733     		N/A PC COMMUNITY EDUCATION 50,000
    SOUTHWEST WILDLIFE CONSERVATION CEN
    27026 N 156TH ST
    SCOTTSDALE,AZ85262     		N/A PC MATCHING GRANT 3,000
    STEP UP TO JUSTICE
    320 N COMMERCE PARK LOOP
    SUITE 100
    TUCSON,AZ85745     		N/A PC END OF LIFE CARE AND PLANNING 210
    STROKE LIFE CENTER
    2526 NORTH REYNOLDS ROAD
    TOLEDO,OH43615     		N/A PC GENERAL OPERATIONS 1,000
    SUNDANCE INSTITUTE
    5900 WILSHIRE BOULEVARD
    SUITE 800
    LOS ANGELES,CA90036     		N/A PC EDUCATION 150,000
    THE CARTER CENTER
    453 JOHN LEWIS FREEDOM PA
    ATLANTA,GA30307     		N/A PC MENTAL HEALTH 90,000
    THE HOPI FOUNDATION
    110 MAIN ST
    KYKOTSMOVI VILLAGE,AZ86039     		N/A PC COVID-19 RESPONSE 10,000
    THOMAS WERNERT CENTER
    208 W WOODRUFF AVE
    TOLEDO,OH43604     		N/A PC MATCHING GRANT 1,000
    TOLEDO JAZZ ORCHESTRA
    PO BOX 353123
    TOLEDO,OH43635     		N/A PC GENERAL OPERATIONS 2,000
    TUCSON BOTANICAL GARDENS
    2150 N ALVERNON WAY
    TUCSON,AZ85712     		N/A PC MATCHING GRANT 210
    TUCSON COLD WET NOSES FOSTERS
    7138 N PERUGIA WAY
    TUCSON,AZ85741     		N/A PC MATCHING GRANT 200
    TUCSON MEDICAL CENTER FOUNDATION
    5301 E GRANT RD
    TUCSON,AZ85712     		N/A PC END OF LIFE CARE AND PLANNING 164,000
    TUCSON MUSEUM OF ART
    140 WEST MAIN AVENUE
    TUCSON,AZ85701     		N/A PC YOUTH/FAMILY EDUCATION 20,000
    TUCSON REFUGEE MINISTRY
    4520 NORTH AVENIDA DE PAZ
    TUCSON,AZ85718     		N/A PC GENERAL OPERATIONS 1,650
    TUCSON SYMPHONY ORCHESTRA
    2175 NORTH 6TH AVENUE
    TUCSON,AZ85705     		N/A PC YOUTH EDUCATION 14,008
    U OF AZ - COLLEGE OF EDUCATION
    U OF AZ FOUNDATION
    1111 NORTH CHERRY AVENUE
    TUCSON,AZ85721     		N/A PC HEALTH CARE 87,228
    U OF AZ - HEALTH SCIENCES
    1501 N CAMPBELL AVE
    TUCSON,AZ85721     		N/A PC END OF LIFE CARE AND PLANNING 33,119
    U OF AZ - LEAD GUITAR
    1111 NORTH CHERRY AVENUE
    TUCSON,AZ85721     		N/A PC YOUTH EDUCATION 76,949
    U OF AZ COLLEGE OF FINE ARTS
    1017 NORTH OLIVE ROAD
    TUCSON,AZ85719     		N/A PC YOUTH EDUCATION 45,273
    UNITED WAY OF GREATER TOLEDO
    424 JACKSON STREET
    TOLEDO,OH43604     		N/A PC GENERAL OPERATIONS 2,000
    UNITED WAY OF TUCSON
    330 NORTH COMMERCE
    PARK LOOP
    TUCSON,AZ85745     		N/A PC PLANNING & MULTI-ORG CAP BUILDING 441,550
    UTAH FILM CENTER
    50 W BROADWAY
    1125
    SALT LAKE CITY,UT84101     		N/A PC MENTAL HEALTH 25,000
    VICTORY CENTER
    5532 WEST CENTRAL AVENUE
    SUITE B
    TOLEDO,OH43615     		N/A PC THERAPIES FOR PEOPLE LIVING W CANCER 10,000
    WOMEN'S FOUNDATION OF S AZ
    PO BOX 30
    TUCSON,AZ85719     		N/A PC YOUTH & PUBLIC EDUCATION 305,375
    WOODLAWN CEMETARY HISTORICAL ASSOC
    1502 WEST CENTRAL AVENUE
    TOLEDO,OH43606     		N/A PC GENERAL OPERATIONS 2,000
    YWCA OF SOUTHERN ARIZONA
    525 NORTH BONITA AVENUE
    TUCSON,AZ85745     		N/A PC PUBLIC EDUCATION 15,000
    Total .................................bullet 3a 4,622,683
    bApproved for future payment
    AMERICAN SOCIETY OF ACUPUNTURISTS
    6651 N FAIRFIELD AVE
    CHICAGO,IL60645     		N/A ACCRUED PLANNING PROJECT 60,500
    BANNER HEALTH FOUNDATION
    2901 N CENTRAL AVENUE
    SUITE 160
    PHOENIX,AZ85012     		N/A ACCRUED END OF LIFE CARE/PLANNING 2020-2023 125,000
    CATHOLIC COMMUNITY SERVICES
    140 W SPEEDWAY
    SUITE 230
    TUCSON,AZ85705     		N/A ACCRUED END OF LIFE CARE/PLANNING 2020-2023 142,346
    CENTER FOR INDEPENDENT DOCUMENTARY
    1300 SOLDIERS FIELD ROAD
    SUITE 5
    BOSTON,MA02135     		N/A ACCRUED SOCIAL IMPACT MEDIA INITIATIVE 100,000
    DUNBAR COALITION
    PO BOX 86132
    TUCSON,AZ85754     		N/A ACCRUED END OF LIFE CARE/PLANNING 2020-2023 50,000
    EL RIO SANTA CRUZ NEIGHBORHOOD
    HEALTH CENTER
    839 WEST CONGRESS STREET
    TUCSON,AZ85745     		N/A ACCRUED END OF LIFE CARE/PLANNING 2020-2023 50,000
    GIRL SCOUTS OF THE USA
    420 FIFTH AVENUE
    NEW YORK,NY10018     		N/A ACCRUED 2019 WINTER INITIATIVE GRANT 491,368
    HAVASUPAI TRIBE
    PO BOX 10
    SUPAI,AZ86435     		N/A ACCRUED COVID-19 OPPORTUNITY GRANT - TRIBAL 10,000
    INTERFAITH COMMUNITY SERVICES
    2820 WEST INA ROAD
    TUCSON,AZ85741     		N/A ACCRUED END OF LIFE CARE/PLANNING 2020-2023 275,000
    NAVAJO NATION DEPARTMENT OF JUSTICE
    PO BOX 520
    WINDOW ROCK,AZ86515     		N/A ACCRUED COVID-19 OPPORTUNITY GRANT-TRIBAL 10,000
    PIMA COUNCIL ON AGING
    8467 E BROADWAY BLVD
    TUCSON,AZ85710     		N/A ACCRUED END OF LIFE CARE/PLANNING 2020-2023 328,236
    SOUTHERN ARIZONA AIDS FOUNDATION
    375 SOUTH EUCLID AVENUE
    TUCSON,AZ85719     		N/A ACCRUED END OF LIFE CARE/PLANNING 2020-2023 100,000
    SOUTHWEST FOLKLIFE ALLIANCE
    PO BOX 42044
    TUCSON,AZ85733     		N/A ACCRUED END OF LIFE CARE/PLANNING 2020-2023 100,000
    SUNDANCE INSTITUTE
    5900 WILSHIRE BOULEVARD
    SUITE 800
    LOS ANGELES,CA90036     		N/A ACCRUED 2019 SUMMER INITIATIVE GRANT 150,000
    TUCSON MEDICAL CENTER FOUNDATION
    5301 E GRANT RD
    TUCSON,AZ85711     		N/A ACCRUED END OF LIFE CARE/PLANNING 2020-2023 239,000
    UNITED WAY OF TUCSON
    330 NORTH COMMERCE
    PARK LOOP
    TUCSON,AZ85745     		N/A ACCRUED END OF LIFE CARE/PLANNING 2020-2023 698,450
    Total .................................bullet 3b 2,929,900
    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
    aPROG-RELATED INVESTMENT INC         3,556
    bPROGRAM RELATED INTEREST IN         306
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 275,936  
    4 Dividends and interest from securities....     14 34,233  
    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 -282,563  
    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)..   27,606 3,862
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    31,468
    (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.)
    1A PROGRAM RELATED INVESTMENTS HAVE BEEN MADE WITH GROWTH PARTNERS OF ARIZONA IN THE COMBINED AMOUNT OF 250,000. DURING 2020, INTEREST INCOME OF 3,556 WAS EARNED ON THESE INVESTMENTS.
    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

    Form 990PF Part XV Line 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
    ACT ONE910 EAST OSBORN ROAD
    SUITE C
    PHOENIX,AZ85014     		N/A PC YOUTH EDUCATION 62,000
    AMERICAN SOCIETY OF ACUPUNCTURISTS6651 N FAIRFIELD AVE
    CHICAGO,IL60645     		NA PC PLANNING PROJECT 60,500
    ARIZONA GRANTMAKERS FORUM2201 EAST CAMELBACK ROAD
    SUITE 405B
    PHOENIX,AZ85016     		N/A PC CAPACITY BUILDING 4,000
    ARIZONA HOSPITAL & HEALTHCARE ASSOC2800 NORTH CENTRAL AVENUE
    NO 1450
    PHOENIX,AZ85004     		N/A PC PUBLIC EDUCATION 309,000
    ARIZONA PUBLIC MEDIA1423 E UNIVERSITY BLVD
    STE 223
    TUCSON,AZ85721     		N/A PC PRODUCER REPORTER MENTAL HEALTH GRAN 32,750
    ARIZONA THEATRE COMPANY343 SOUTH SCOTT AVENUE
    TUCSON,AZ85701     		N/A PC YOUTH EDUCATION 20,000
    BANNER HEALTH FOUNDATION2901 N CENTRAL AVENUE
    SUITE 160
    PHOENIX,AZ85012     		N/A PC END OF LIFE CARE AND PLANNING 125,000
    BAY VIEW ASSOCIATIONPO BOX 583
    PETOSKEY,MI49770     		N/A PC GENERAL OPERATIONS 3,000
    BEATITUDE HOUSE238 TOD LANE
    YOUNGSTOWN,OH44504     		N/A PC MATCHING GRANT 2,000
    BLACK SWAMP CONSERVENCYPO BOX 332
    PERRYSBURG,OH43552     		N/A PC GENERAL OPERATIONS 2,000
    BOYS TO MEN TUCSON5925 E BROADWAY BLVD
    SUITE 125
    TUCSON,AZ85711     		N/A PC MATCHING GRANT 44,000
    CATHOLIC COMMUNITY SERVICES140 W SPEEDWAY
    SUITE 230
    TUCSON,AZ85705     		N/A PC END OF LIFE CARE AND PLANNING 83,974
    CENTER FOR INDEPENDENT DOCUMENTARY1300 SOLDIERS FIELD ROAD
    SUITE 5
    BOSTON,MA02135     		N/A PC COMMUNITY EDUCATION 75,000
    COMMUNITY FOUNDATION OF SOUTHERN AZ5049 E BROADWAY BLVD
    SUITE 201
    TUCSON,AZ85711     		N/A PC COVID-19 RESPONSE 100,000
    DEVEREUX ADVANCED BEHAVIORAL
    HEALTH ARIZONA444 DEVEREUX DRIVE
    VILLANOVA,PA19085     		N/A PC GENERAL OPERATIONS 2,000
    DUNBAR COALITIONPO BOX 86132
    TUCSON,AZ85754     		N/A PC HEALTH CARE 25,000
    EL RIO SANTA CRUZ NEIGHBORHOOD
    HEALTH CENTER839 WEST CONGRESS STREET
    TUCSON,AZ85745     		N/A PC HEALTH CARE 178,443
    ELLA CENTER INC53 WEST MARBLE CANYON RD
    ORO VALLEY,AZ85755     		N/A PC GENERAL OPERATIONS 620
    GIRL SCOUTS OF THE USA420 FIFTH AVENUE
    NEW YORK,NY10018     		N/A PC ORGANIZATION CAPACITY BUILDING 367,143
    GREATER TOLEDO COMMUNITY FOUNDATION300 MADISON AVE
    SUITE 1300
    TOLEDO,OH43604     		N/A PC DONOR-ADV FUND FOR MENTAL HEALTH 200,000
    GROWTH PARTNERS ARIZONA333 N WILMONT RD
    SUITE 227
    TUCSON,AZ85711     		N/A PC STRATEGIC GROWTH PLAN 20,000
    HEALTH CARE FOR ALLONE FEDERAL STREET
    5TH FLOOR
    BOSTON,MA02110     		N/A PC GENERAL OPERATIONS 2,000
    INTERFAITH COMMUNITY SERVICE2820 WEST INA ROAD
    TUCSON,AZ85741     		N/A PC COMMUNITY EDUC & CAPACITY BUILDING 177,322
    INTERNATIONAL DOCUMENTARY
    ASSOCIATION - UPPER EAST FILMS49 EAST 78 STREET
    SUITE 2A
    NEW YORK,NY10075     		N/A PC EDUCATION 110,000
    INVISIBLE THEATRE1400 NORTH FIRST AVENUE
    TUCSON,AZ85719     		N/A PC COMMUNITY EDUCATION 6,000
    JEWISH COMMUNITY FOUNDATION3718 E RIVER RD
    SUITE 118
    TUCSON,AZ85718     		N/A PC COVID-19; TOHONO O'ODHAM, P YAQUI 20,000
    JEWISH FAMILY SERVICES OF METROWEST475 FRANKLIN STREET
    SUITE 101
    FRAMINGHAM,MA01702     		N/A PC MATCHING GRANT 500
    LA FRONTERA ARIZONA504 W 29TH ST
    TUCSON,AZ85713     		N/A PC COMMUNITY EDUCATION 70,000
    LIBRARY LEGACY FOUNDATION325 N MICHIGAN ST
    TOLEDO,OH43604     		N/A PC MATCHING GRANT 200
    MASS ASSOC FOR MENTAL HEALTH50 FEDERAL STREET
    BOSTON,MA02110     		N/A PC GENERAL OPERATIONS 500
    ME2ORCHESTRA521 MONTANA AVENUE 307
    SANTA MONICA,CA90403     		N/A PC EDUCATION 25,000
    METROWEST LEGAL SERVICE63 FOUNTAIN STREET
    SUITE 304
    FRAMINGHAM,MA01702     		N/A PC GENERAL OPERATIONS 500
    NATIONAL ALLIANCE ON MENTAL ILLNESS
    OF SOUTHERN ARIZONA6122 EAST 22ND STREET
    TUCSON,AZ85711     		N/A PC COMMUNITY EDUCATION 136,630
    NATIONAL ALLIANCE ON MENTAL ILLNESS3803 NORTH FAIRFAX DRIVE
    SUITE 100
    ARLINGTON,VA22203     		N/A PC ORGANIZATION CAPACITY BUILDING 50,000
    NATIONAL CIVIL RIGHTS MUSEUM450 MULBERRY ST
    MEMPHIS,TN38103     		N/A PC MATCHING GRANT 1,000
    NATIONAL JAGUAR PROJECT2114 WEST GRANT ROAD
    SUITE 121
    TUCSON,AZ85745     		N/A PC MATCHING GRANT 210
    OCIM150 E HURON ST
    SUITE 1100
    CHICAGO,IL60611     		N/A PC HEALTH CARE 255,000
    OUR FAMILY SERVICES2590 NORTH ALVERNON WAY
    TUCSON,AZ85712     		N/A PC COMMUNITY EDUCATION 15,000
    OWL AND PANTHERPO BOX 43691
    TUCSON,AZ85733     		N/A PC MATCHING GRANT 1,831
    PAIN COMMUNITY6325 WEST 101ST TERRACE
    OVERLAND PARK,KS66212     		N/A PC HEALTH CARE 113,850
    PIMA COUNCIL ON AGING8467 E BROADWAY BLVD
    TUCSON,AZ85710     		N/A PC END OF LIFE CARE AND PLANNING 239,688
    SAFE PASSAGE PROJECT185 WEST BROADWAY
    NEW YORK,NY10013     		N/A PC MATCHING GRANT 5,000
    SEAGO - AREA AGENCY ON AGING300 COLLINS ROAD
    BISBEE,AZ85603     		N/A PC HEALTH CARE 75,250
    SOUTHERN ARIZONA AIDS FOUNDATION375 SOUTH EUCLID AVENUE
    TUCSON,AZ85719     		N/A PC ORGANIZATION CAPACITY BUILDING 50,000
    SOUTHWEST FOLKLIFE ALLIANCEPO BOX 42044
    TUCSON,AZ85733     		N/A PC COMMUNITY EDUCATION 50,000
    SOUTHWEST WILDLIFE CONSERVATION CEN27026 N 156TH ST
    SCOTTSDALE,AZ85262     		N/A PC MATCHING GRANT 3,000
    STEP UP TO JUSTICE320 N COMMERCE PARK LOOP
    SUITE 100
    TUCSON,AZ85745     		N/A PC END OF LIFE CARE AND PLANNING 210
    STROKE LIFE CENTER2526 NORTH REYNOLDS ROAD
    TOLEDO,OH43615     		N/A PC GENERAL OPERATIONS 1,000
    SUNDANCE INSTITUTE5900 WILSHIRE BOULEVARD
    SUITE 800
    LOS ANGELES,CA90036     		N/A PC EDUCATION 150,000
    THE CARTER CENTER453 JOHN LEWIS FREEDOM PA
    ATLANTA,GA30307     		N/A PC MENTAL HEALTH 90,000
    THE HOPI FOUNDATION110 MAIN ST
    KYKOTSMOVI VILLAGE,AZ86039     		N/A PC COVID-19 RESPONSE 10,000
    THOMAS WERNERT CENTER208 W WOODRUFF AVE
    TOLEDO,OH43604     		N/A PC MATCHING GRANT 1,000
    TOLEDO JAZZ ORCHESTRAPO BOX 353123
    TOLEDO,OH43635     		N/A PC GENERAL OPERATIONS 2,000
    TUCSON BOTANICAL GARDENS2150 N ALVERNON WAY
    TUCSON,AZ85712     		N/A PC MATCHING GRANT 210
    TUCSON COLD WET NOSES FOSTERS7138 N PERUGIA WAY
    TUCSON,AZ85741     		N/A PC MATCHING GRANT 200
    TUCSON MEDICAL CENTER FOUNDATION5301 E GRANT RD
    TUCSON,AZ85712     		N/A PC END OF LIFE CARE AND PLANNING 164,000
    TUCSON MUSEUM OF ART140 WEST MAIN AVENUE
    TUCSON,AZ85701     		N/A PC YOUTH/FAMILY EDUCATION 20,000
    TUCSON REFUGEE MINISTRY4520 NORTH AVENIDA DE PAZ
    TUCSON,AZ85718     		N/A PC GENERAL OPERATIONS 1,650
    TUCSON SYMPHONY ORCHESTRA2175 NORTH 6TH AVENUE
    TUCSON,AZ85705     		N/A PC YOUTH EDUCATION 14,008
    U OF AZ - COLLEGE OF EDUCATIONU OF AZ FOUNDATION
    1111 NORTH CHERRY AVENUE
    TUCSON,AZ85721     		N/A PC HEALTH CARE 87,228
    U OF AZ - HEALTH SCIENCES1501 N CAMPBELL AVE
    TUCSON,AZ85721     		N/A PC END OF LIFE CARE AND PLANNING 33,119
    U OF AZ - LEAD GUITAR1111 NORTH CHERRY AVENUE
    TUCSON,AZ85721     		N/A PC YOUTH EDUCATION 76,949
    U OF AZ COLLEGE OF FINE ARTS1017 NORTH OLIVE ROAD
    TUCSON,AZ85719     		N/A PC YOUTH EDUCATION 45,273
    UNITED WAY OF GREATER TOLEDO424 JACKSON STREET
    TOLEDO,OH43604     		N/A PC GENERAL OPERATIONS 2,000
    UNITED WAY OF TUCSON330 NORTH COMMERCE
    PARK LOOP
    TUCSON,AZ85745     		N/A PC PLANNING & MULTI-ORG CAP BUILDING 441,550
    UTAH FILM CENTER50 W BROADWAY
    1125
    SALT LAKE CITY,UT84101     		N/A PC MENTAL HEALTH 25,000
    VICTORY CENTER5532 WEST CENTRAL AVENUE
    SUITE B
    TOLEDO,OH43615     		N/A PC THERAPIES FOR PEOPLE LIVING W CANCER 10,000
    WOMEN'S FOUNDATION OF S AZPO BOX 30
    TUCSON,AZ85719     		N/A PC YOUTH & PUBLIC EDUCATION 305,375
    WOODLAWN CEMETARY HISTORICAL ASSOC1502 WEST CENTRAL AVENUE
    TOLEDO,OH43606     		N/A PC GENERAL OPERATIONS 2,000
    YWCA OF SOUTHERN ARIZONA525 NORTH BONITA AVENUE
    TUCSON,AZ85745     		N/A PC PUBLIC EDUCATION 15,000
    Total ...............................bullet 3a 4,622,683
    bApproved for future payment
    AMERICAN SOCIETY OF ACUPUNTURISTS6651 N FAIRFIELD AVE
    CHICAGO,IL60645     		N/A ACCRUED PLANNING PROJECT 60,500
    BANNER HEALTH FOUNDATION2901 N CENTRAL AVENUE
    SUITE 160
    PHOENIX,AZ85012     		N/A ACCRUED END OF LIFE CARE/PLANNING 2020-2023 125,000
    CATHOLIC COMMUNITY SERVICES140 W SPEEDWAY
    SUITE 230
    TUCSON,AZ85705     		N/A ACCRUED END OF LIFE CARE/PLANNING 2020-2023 142,346
    CENTER FOR INDEPENDENT DOCUMENTARY1300 SOLDIERS FIELD ROAD
    SUITE 5
    BOSTON,MA02135     		N/A ACCRUED SOCIAL IMPACT MEDIA INITIATIVE 100,000
    DUNBAR COALITIONPO BOX 86132
    TUCSON,AZ85754     		N/A ACCRUED END OF LIFE CARE/PLANNING 2020-2023 50,000
    EL RIO SANTA CRUZ NEIGHBORHOOD
    HEALTH CENTER839 WEST CONGRESS STREET
    TUCSON,AZ85745     		N/A ACCRUED END OF LIFE CARE/PLANNING 2020-2023 50,000
    GIRL SCOUTS OF THE USA420 FIFTH AVENUE
    NEW YORK,NY10018     		N/A ACCRUED 2019 WINTER INITIATIVE GRANT 491,368
    HAVASUPAI TRIBEPO BOX 10
    SUPAI,AZ86435     		N/A ACCRUED COVID-19 OPPORTUNITY GRANT - TRIBAL 10,000
    INTERFAITH COMMUNITY SERVICES2820 WEST INA ROAD
    TUCSON,AZ85741     		N/A ACCRUED END OF LIFE CARE/PLANNING 2020-2023 275,000
    NAVAJO NATION DEPARTMENT OF JUSTICEPO BOX 520
    WINDOW ROCK,AZ86515     		N/A ACCRUED COVID-19 OPPORTUNITY GRANT-TRIBAL 10,000
    PIMA COUNCIL ON AGING8467 E BROADWAY BLVD
    TUCSON,AZ85710     		N/A ACCRUED END OF LIFE CARE/PLANNING 2020-2023 328,236
    SOUTHERN ARIZONA AIDS FOUNDATION375 SOUTH EUCLID AVENUE
    TUCSON,AZ85719     		N/A ACCRUED END OF LIFE CARE/PLANNING 2020-2023 100,000
    SOUTHWEST FOLKLIFE ALLIANCEPO BOX 42044
    TUCSON,AZ85733     		N/A ACCRUED END OF LIFE CARE/PLANNING 2020-2023 100,000
    SUNDANCE INSTITUTE5900 WILSHIRE BOULEVARD
    SUITE 800
    LOS ANGELES,CA90036     		N/A ACCRUED 2019 SUMMER INITIATIVE GRANT 150,000
    TUCSON MEDICAL CENTER FOUNDATION5301 E GRANT RD
    TUCSON,AZ85711     		N/A ACCRUED END OF LIFE CARE/PLANNING 2020-2023 239,000
    UNITED WAY OF TUCSON330 NORTH COMMERCE
    PARK LOOP
    TUCSON,AZ85745     		N/A ACCRUED END OF LIFE CARE/PLANNING 2020-2023 698,450
    Total ................................bullet 3b 2,929,900

    TY 2020 AccountingFeesSchedule
    Name:
    THE DAVID AND LURA LOVELL FNDN
     
    JOHN AMOROSO EXECUTIVE DIRECTOR
    EIN:
    34-1733685
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 11,147 8,360   2,787

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

    TY 2020 DepreciationSchedule
    Name:
    THE DAVID AND LURA LOVELL FNDN
     
    JOHN AMOROSO EXECUTIVE DIRECTOR
    EIN:
    34-1733685
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    2 DELL OPTIPLEX 990 COMPUTERS 2011-05-29 3,381 3,381 200DB 5.0000        
    3 TABLE DESKS PRESENTATION CABINET & SUPPLY 2011-05-29 1,450 1,450 200DB 7.0000        
    PRESENTATION CABINET & SUPPLIES 2011-08-31 1,339 1,339 200DB 7.0000        
    FURNITURE & FIXTURES 2011-12-31 9,261 9,261 200DB 7.0000        
    FURNITURE & FIXTURES 2011-12-31 1,051 1,051 200DB 7.0000        
    NEW COMPUTERS 2016-02-26 2,495 2,279 200DB 5.0000 144      
    FURNITRURE & FIXTURES 2017-09-20 10,868 8,734 200DB 7.0000 609      
    BUILDING - 4765 E. CAMP LOWELL 2017-07-12 294,018 18,483 S/L 39.0000 7,539      
    RENOVATIONS - 4765 E. CAMP LOWELL 2017-08-25 3,490 212 S/L 39.0000 90      
    RENOVATIONS - 4765 E. CAMP LOWELL 2017-09-30 8,795 518 S/L 39.0000 225      
    RENOVATIONS - 4765 E. CAMP LOWELL 2017-10-17 2,176 124 S/L 39.0000 56      
    RENOVATIONS - 4765 E. CAMP LOWELL 2017-11-06 659 36 S/L 39.0000 17      
    RENOVATIONS - 4765 E. CAMP LOWELL 2018-01-08 551 28 S/L 39.0000 14      
    COMPUTER EQUIPMENT 2018-07-16 4,385 4,385 200DB 5.0000        
    EQUIPMENT 2018-10-05 4,360 4,360 200DB 5.0000        
    EQUIPMENT` 2011-01-01 398 398 200DB 5.0000        
    NEW COMPUTER 2019-01-03 1,626 1,626 200DB 5.0000        
    COMPUTER 2020-03-05 2,543   S/L 5.0000 424      

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    THE DAVID AND LURA LOVELL FNDN
     
    JOHN AMOROSO EXECUTIVE DIRECTOR
    EIN:
    34-1733685
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CORPORATE BONDS    

    TY 2020 LandEtcSchedule2
    Name:
    THE DAVID AND LURA LOVELL FNDN
     
    JOHN AMOROSO EXECUTIVE DIRECTOR
    EIN:
    34-1733685
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    2 DELL OPTIPLEX 990 COMPUTERS 352,846 66,783 286,063  
    3 TABLE DESKS        
    PRESENTATION CABINET & SUPPLIES        
    FURNITURE & FIXTURES        
    FURNITURE & FIXTURES        
    COMPUTERS        
    FURNITURE & FIXTURES        
    BUILDING - 4765 E. CAMP LOWEL        
    RENOVATION - 4765 E. CAMP LOWELL        
    RENOVATION - 4765 E. CAMP LOWELL        
    RENOVATION - 4765 E. CAMP LOWELL        
    RENOVATION - 4765 E. CAMP LOWELL        
    RENOVATION - 4765 E. CAMP LOWELL        
    COMPUTER EQUIIPMENT        
    EQUIPMENT        
    EQUIPMENT        
    COMPUTER        


    TY 2020 LegalFeesSchedule
    Name:
    THE DAVID AND LURA LOVELL FNDN
     
    JOHN AMOROSO EXECUTIVE DIRECTOR
    EIN:
    34-1733685
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 1,640     1,640


    TY 2020 OtherAssetsSchedule
    Name:
    THE DAVID AND LURA LOVELL FNDN
     
    JOHN AMOROSO EXECUTIVE DIRECTOR
    EIN:
    34-1733685
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ART WORK 15,090 15,090  


    TY 2020 OtherExpensesSchedule
    Name:
    THE DAVID AND LURA LOVELL FNDN
     
    JOHN AMOROSO EXECUTIVE DIRECTOR
    EIN:
    34-1733685
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    MEDICAL INSURANCE 23,115 1,156   21,959
    TEMPORARY LABOR 16,604 830   15,774
    SUBSCRIPTIONS 14,505 725   13,780
    CONVENINGS 12,975 1,946   11,029
    PAYROLL PROCESSING 8,373 419   7,954
    LICENSE & FEES 7,820 391   7,429
    OFFICE EXPENSES 6,242 312   5,930
    INTERNET SERVICES 5,285 264   5,021
    COPIER LEASE 2,880 144   2,736
    UTILITIES 2,864 143   2,721
    SWAN CENTER ASSOCIATION ASSES 2,604 130   2,474
    INSURANCE 2,343 242   2,101
    MISCELLANEOUS 1,557 78   1,479
    WORKER'S COMPENSATION INSURAN 819 41   778
    SECURITY 543 27   516
    WEB SITE PUBLICATION 300 15   285
    BANK FEES 114 114    


    TY 2020 OtherIncomeSchedule2
    Name:
    THE DAVID AND LURA LOVELL FNDN
     
    JOHN AMOROSO EXECUTIVE DIRECTOR
    EIN:
    34-1733685
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    PROG-RELATED INVESTMENT INC 3,556    
    PROGRAM RELATED INTEREST INC 306    


    TY 2020 OtherIncreasesSchedule
    Name:
    THE DAVID AND LURA LOVELL FNDN
     
    JOHN AMOROSO EXECUTIVE DIRECTOR
    EIN:
    34-1733685
    Description Amount
    ERRORS CORRECTED DURING SOFTWARE CONVERSION 179,669


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    TY 2020 OtherNotesLoansRcvblLongSch
    Name:
    THE DAVID AND LURA LOVELL FNDN
     
    JOHN AMOROSO EXECUTIVE DIRECTOR
    EIN:
    34-1733685

    Borrower's Name Relationship to Insider Original Amount of Loan Balance Due Date of Note Maturity Date Repayment Terms Interest Rate Security Provided by Borrower Purpose of Loan Description of Lender Consideration Consideration FMV
    GROWTH PARTNERS ARIZONA LOCAL NOT-FOR-PROFIT 50,000   2019-06 2021-06 SEMI-ANNUAL INTEREST PYMTS 2.00 % UNSECURED      
    GROWTH PARTNERS ARIZONA LOCAL NOT-FOR-PROFIT 200,000   2020-01 2022-01 SEMI-ANNUAL INTEREST PYMTS 2.00 % UNSECURED      

    TY 2020 OtherNotesLoansRcvblShortSch2
    Name:
    THE DAVID AND LURA LOVELL FNDN
     
    JOHN AMOROSO EXECUTIVE DIRECTOR
    EIN:
    34-1733685
    Name of 501(c)(3) Organization Balance Due
    LOAN RECEIVABLE
          		250,000


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    THE DAVID AND LURA LOVELL FNDN
     
    JOHN AMOROSO EXECUTIVE DIRECTOR
    EIN:
    34-1733685
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTANT FEES 218,179 54,545   163,634
    INVESTMENT FEES 187,278 187,278    
    COMPUTER CONSULTANT 7,790 1,948   5,842


    TY 2020 TaxesSchedule
    Name:
    THE DAVID AND LURA LOVELL FNDN
     
    JOHN AMOROSO EXECUTIVE DIRECTOR
    EIN:
    34-1733685
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INCOME TAX 34,800 34,800    
    PROPERTY TAXES 5,563 278   5,285