Form990-PF
Click to see attachment

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
OSBERG FAMILY TRUST
 
Number and street (or P.O. box number if mail is not delivered to street address)BANK OF AMERICA NA PO BOX 831
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
DALLAS, TX752831041
A Employer identification number

94-3067305
B Telephone number (see instructions)

(800) 357-7094
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$20,584J 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... 49,860 49,607  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 137,314
b Gross sales price for all assets on line 6a 1,255,674
7 Capital gain net income (from Part IV, line 2)... 137,314
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 187,174 186,921  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 32,488 19,493   12,995
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule)......... Click to see attachment 9,435 0 0 9,435
b Accounting fees (attach schedule)....... Click to see attachment 5,000 3,000 0 2,000
c Other professional fees (attach schedule).... Click to see attachment 615 615   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 5,392 410   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 25     25
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 52,955 23,518 0 24,455
25 Contributions, gifts, grants paid....... 3,284,816 3,284,816
26 Total expenses and disbursements. Add lines 24 and 25 3,337,771 23,518 0 3,309,271
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -3,150,597
b Net investment income (if negative, enter -0-) 163,403
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 153,491 29,584 20,584
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 2,184,786    
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........     0
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,338,277 29,584 20,584
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........ 2,338,277 29,584
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 2,338,277 29,584
30 Total liabilities and net assets/fund balances (see instructions). 2,338,277 29,584
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
2,338,277
2
Enter amount from Part I, line 27a .....................
2
-3,150,597
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
842,152
4
Add lines 1, 2, and 3 ..........................
4
29,832
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
248
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
29,584
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 1818.55 AQR MANAGED FUTURES STRATEGY FUND CL I   2015-10-22 2020-12-16
b 736.994 AQR MANAGED FUTURES STRATEGY FUND CL I   2017-01-17 2020-12-16
c 2. ABBOTT LABORATORIES   2018-06-11 2020-03-04
d 3. ABIOMED INC   2020-01-29 2020-06-08
e 11. ACTIVISION BLIZZARD INC COM   2019-04-18 2020-03-10
23. ACTIVISION BLIZZARD INC COM   2019-02-22 2020-03-10
15. ACTIVISION BLIZZARD INC COM   2019-03-07 2020-03-10
5. ACTIVISION BLIZZARD INC COM   2016-06-20 2020-03-10
14. ACTIVISION BLIZZARD INC COM   2016-06-20 2020-03-11
4. ACTIVISION BLIZZARD INC COM   2016-06-20 2020-05-11
3. ALIBABA GROUP HLDG LTD ADS   2018-04-20 2020-03-12
1. ALIBABA GROUP HLDG LTD ADS   2018-09-14 2020-03-12
1. ALIBABA GROUP HLDG LTD ADS   2018-09-14 2020-09-23
1. ALIGN TECHNOLOGY INC COM   2019-03-11 2020-06-08
2. ALIGN TECHNOLOGY INC COM   2018-11-07 2020-06-08
1. AMAZON COM INC   2019-02-22 2020-04-07
10. APPLE INC COM   2013-08-14 2020-01-10
2. APPLIED MATERIALS INCORPORATED   2017-11-17 2020-02-14
8. APPLIED MATERIALS INCORPORATED   2017-11-20 2020-02-14
2. BALL CORP   2017-08-04 2020-03-04
1. BECTON DICKINSON & COMPANY   2015-08-27 2020-03-04
11. BECTON DICKINSON & COMPANY   2015-08-27 2020-05-20
38. BECTON DICKINSON & COMPANY   2015-08-27 2020-06-11
2. BECTON DICKINSON & COMPANY   2015-08-27 2020-06-11
5431.62 BLACKSTONE ALTERNATIVE MULTI- STRATEGY FUND-ISTL   2017-01-17 2020-12-16
16. CANADA GOOSE HLDGS INC SHS SUB VTG COM   2018-11-16 2020-03-19
9. CANADA GOOSE HLDGS INC SHS SUB VTG COM   2018-11-16 2020-03-20
21. CANADA GOOSE HLDGS INC SHS SUB VTG COM   2018-11-19 2020-03-20
17. CANADA GOOSE HLDGS INC SHS SUB VTG COM   2019-03-07 2020-03-20
8. CANADA GOOSE HLDGS INC SHS SUB VTG COM   2019-03-08 2020-03-20
3. CANADA GOOSE HLDGS INC SHS SUB VTG COM   2019-03-22 2020-03-20
10. CANADA GOOSE HLDGS INC SHS SUB VTG COM   2019-03-22 2020-03-23
6. CANADA GOOSE HLDGS INC SHS SUB VTG COM   2019-06-11 2020-03-23
11. CANADA GOOSE HLDGS INC SHS SUB VTG COM   2019-06-10 2020-03-23
27. CHEVRONTEXACO CORP COM   2019-04-30 2020-05-13
6. CHEVRONTEXACO CORP COM   2016-12-14 2020-05-13
18. CHEVRONTEXACO CORP COM   2016-12-14 2020-07-01
1. CITIGROUP INC NEW COM   2017-10-04 2020-03-04
26. CITIGROUP INC NEW COM   2017-10-04 2020-05-20
12. CITIGROUP INC NEW COM   2017-10-04 2020-05-20
152. CITIGROUP INC NEW COM   2017-05-12 2020-05-20
2. COCA COLA CO COM   2019-09-17 2020-03-04
188. COCA COLA CO COM   2019-09-17 2020-06-11
26. COCA COLA CO COM   2019-09-16 2020-06-11
10. COCA COLA CO COM   2019-09-16 2020-06-11
3477.811 COLUMBIA INCOME OPPORTUNITIES FUND INSTL3 CL   2014-01-27 2020-12-16
5224.447 COLUMBIA INCOME OPPORTUNITIES FUND INSTL3 CL   2012-02-07 2020-12-16
2609.859 COLUMBIA CONVERTIBLE SECURITIES FUND CLASS Z SHARES   2011-10-18 2020-12-16
4076.426 COLUMBIA MID CAP INDEX FUND INSTL CL   2002-12-03 2020-12-16
2474.523 COLUMBIA SHORT TERM BOND FUND INSTL3 CL   2014-08-18 2020-12-16
17753.26 COLUMBIA SHORT TERM BOND FUND INSTL3 CL   2017-01-17 2020-12-16
10080.563 COLUMBIA SHORT TERM BOND FUND INSTL3 CL   2012-04-10 2020-12-16
3. COMCAST CORP NEW CL A COM   2014-06-26 2020-03-04
165. CONOCOPHILLIPS COM   2019-12-05 2020-03-04
1. COSTAR GROUP INC   2020-03-26 2020-09-23
1. DANAHER CORPORATION   2017-05-25 2020-03-04
26. DANAHER CORPORATION   2017-05-25 2020-09-16
4. DANAHER CORPORATION   2017-02-02 2020-09-16
4. DISNEY WALT CO   2020-02-20 2020-03-24
3. DISNEY WALT CO   2019-08-09 2020-03-24
7. DISNEY WALT CO   2020-03-10 2020-03-24
27. DISNEY WALT CO   2019-05-09 2020-03-24
23897.059 DOUBLELINE CORE FIXED INCOME FUND CL I   2017-01-17 2020-12-16
1. ECOLAB INCORPORATED   2014-10-08 2020-03-04
1. EXACT SCIENCES CORP COM   2020-07-09 2020-09-23
1. FACEBOOK INC CL A COM   2018-03-21 2020-06-09
2. FACEBOOK INC CL A COM   2018-09-07 2020-06-09
4646.66 GOTHAM NEUTRAL FUND INSTL CL   2017-01-17 2020-12-16
14. HOME DEPOT INC   2018-10-30 2020-03-25
1. HONEYWELL INTERNATIONAL INC   2011-01-04 2020-03-04
1. IDEXX LABS INC   2020-04-07 2020-06-08
1. IDEXX LABS INC   2019-02-25 2020-08-07
3. IDEXX LABS INC   2019-02-22 2020-08-07
2. IDEXX LABS INC   2019-02-22 2020-10-07
1. ILLINOIS TOOL WORKS INCORPORATED   2018-12-17 2020-03-04
1. ILLUMINA INC   2014-04-14 2020-09-23
4102.417 JPMORGAN STRATEGIC INCOME OPPTYS FUND CL R6   2017-01-17 2020-12-16
1. LILLY ELI & COMPANY   2016-09-30 2020-03-04
2. MSCI INC COM CL A   2018-06-07 2020-10-07
1. MARSH & MCLENNAN COS INC   2013-06-20 2020-03-04
1. MERCK & CO INC NEW COM   2018-10-04 2020-03-04
19. MICROSOFT CORPORATION   2014-04-02 2020-01-10
32. MICROSOFT CORPORATION   2014-04-02 2020-07-01
2. MORGAN STANLEY DEAN WITTER DISCOVER & CO   2017-12-22 2020-03-04
2434.077 NATIXIS ASG MANAGED FUTURES STRATEGY FUND CL Y   2017-01-17 2020-12-16
167.199 NEUBERGER BERMAN INTL FUND INSTL CL   2017-07-07 2020-12-16
8189.263 NEUBERGER BERMAN INTL FUND INSTL CL   2017-01-24 2020-12-16
5. NEW ORIENTAL ED & TECHNOLOGY GROUP INC SPONSORED ADR REPSTG   2017-06-07 2020-10-07
4. NIKE INC CL B   2020-02-20 2020-09-23
1. NIKE INC CL B   2020-03-10 2020-09-23
1. NORTHROP CORPORATION   2019-06-21 2020-03-04
3. NVIDIA CORP COM   2018-12-04 2020-03-26
5. NVIDIA CORP COM   2018-12-04 2020-05-18
3. NVIDIA CORP COM   2018-12-04 2020-06-09
1. NVIDIA CORP COM   2017-03-17 2020-08-20
3. NVIDIA CORP COM   2017-03-02 2020-09-03
1. PNC BK CORP   2013-10-21 2020-03-04
5. PAYPAL HOLDINGS INC COM   2020-02-20 2020-05-11
1. PAYPAL HOLDINGS INC COM   2018-02-02 2020-05-11
1. PAYPAL HOLDINGS INC COM   2018-02-02 2020-09-23
2. PHILIP MORRIS INTL INC COM   2019-09-16 2020-03-04
8. PIONEER NATURAL RESOURCES CO   2017-04-10 2020-03-12
5. PIONEER NATURAL RESOURCES CO   2017-05-18 2020-03-12
6. PIONEER NATURAL RESOURCES CO   2019-01-10 2020-03-12
5. PIONEER NATURAL RESOURCES CO   2019-03-22 2020-03-12
4. PLANET FITNESS INC CL A COM   2020-02-20 2020-03-24
12. PLANET FITNESS INC CL A COM   2019-07-26 2020-03-24
15. PLANET FITNESS INC CL A COM   2019-07-25 2020-03-24
11. PLANET FITNESS INC CL A COM   2019-07-24 2020-03-24
6. PLANET FITNESS INC CL A COM   2019-08-09 2020-03-24
22. POST HLDGS INC COM   2019-09-06 2020-03-25
2. POST HLDGS INC COM   2019-09-06 2020-03-26
30. POST HLDGS INC COM   2019-09-05 2020-03-26
5. POST HLDGS INC COM   2019-09-04 2020-03-26
29. POST HLDGS INC COM   2019-10-09 2020-03-26
4. ROKU INC CL A COM   2019-09-12 2020-10-07
4. ROKU INC CL A COM   2019-09-12 2020-11-06
2. SALESFORCE.COM INC COMMON   2020-02-20 2020-09-11
2. SALESFORCE.COM INC COMMON   2016-02-11 2020-11-17
6. SAREPTA THERAPEUTICS INC COM   2019-02-25 2020-06-08
1. SAREPTA THERAPEUTICS INC COM   2019-02-22 2020-09-23
1. SCHWAB CHARLES CORP NEW COM   2019-10-09 2020-03-04
2. SERVICENOW INC COM   2015-08-25 2020-06-09
2. SPLUNK INC COM   2014-07-09 2020-06-09
7. SQUARE INC CL A   2018-11-06 2020-07-09
14. SQUARE INC CL A   2019-03-11 2020-07-09
11. SQUARE INC CL A   2018-11-09 2020-07-09
1. SQUARE INC CL A   2018-11-09 2020-08-06
12. SQUARE INC CL A   2018-10-12 2020-08-06
2. TJX COMPANIES INCORPORATED NEW   2017-10-23 2020-03-04
9. TRIP COM GROUP LTD ADS   2018-03-22 2020-07-09
30. TRIP COM GROUP LTD ADS   2018-03-23 2020-07-09
12. TRIP COM GROUP LTD ADS   2018-09-14 2020-07-09
12. TRIP COM GROUP LTD ADS   2018-09-14 2020-07-10
10. TRIP COM GROUP LTD ADS   2018-09-13 2020-07-10
26. TRIP COM GROUP LTD ADS   2018-12-04 2020-07-10
1. VISA INC CL A COM   2012-11-30 2020-03-04
1. VISA INC CL A COM   2020-05-11 2020-09-23
.4 VONTIER CORP COM   2020-06-11 2020-12-15
1. WASTE MANAGEMENT INC   2016-09-27 2020-03-04
25. WASTE MANAGEMENT INC   2016-09-27 2020-03-25
2. WASTE MANAGEMENT INC   2016-09-27 2020-03-26
1. ZOETIS INC CL A COM   2017-12-22 2020-03-04
8. ACCENTURE PLC CL A COM   2020-03-04 2020-07-01
1. LINDE PLC COM   2017-10-04 2020-03-04
4. TRANE TECH PUB LTD CO COM   2020-08-07 2020-10-07
1. TRANE TECH PUB LTD CO COM   2020-04-07 2020-10-07
1. CHUBB LTD COM   2016-04-11 2020-03-04
1. TE CONNECTIVITY LTD COM   2012-01-19 2020-03-04
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(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 14,748   19,895 -5,147
b 5,977   6,906 -929
c 164   127 37
d 749   567 182
e 664   500 164
1,389   961 428
906   620 286
302   194 108
828   543 285
300   155 145
554   539 15
185   165 20
274   165 109
290   244 46
580   474 106
2,014   1,626 388
3,100   717 2,383
135   114 21
538   457 81
157   81 76
246   141 105
2,703   1,555 1,148
8,840   5,372 3,468
471   283 188
56,760   56,000 760
251   1,108 -857
141   623 -482
329   1,432 -1,103
266   852 -586
125   396 -271
47   148 -101
154   494 -340
93   209 -116
170   377 -207
2,393   3,238 -845
532   703 -171
1,586   2,108 -522
67   74 -7
1,183   1,936 -753
546   893 -347
6,916   9,283 -2,367
117   109 8
8,841   10,224 -1,383
1,223   1,405 -182
470   540 -70
34,430   34,986 -556
51,722   50,000 1,722
77,121   35,494 41,627
65,467   30,777 34,690
24,943   24,696 247
178,953   177,000 1,953
101,612   100,201 1,411
127   80 47
8,158   9,874 -1,716
829   557 272
155   85 70
5,403   2,199 3,204
831   335 496
377   558 -181
283   417 -134
660   771 -111
2,545   3,626 -1,081
270,515   260,000 10,515
204   111 93
75   93 -18
239   169 70
478   325 153
39,775   48,000 -8,225
2,595   2,457 138
171   52 119
307   261 46
382   212 170
1,146   624 522
773   416 357
177   129 48
275   132 143
47,301   48,000 -699
140   80 60
686   332 354
110   39 71
83   71 12
3,078   785 2,293
6,554   1,322 5,232
90   105 -15
25,436   24,000 1,436
2,438   2,047 391
119,399   90,000 29,399
826   400 426
510   405 105
127   87 40
346   323 23
770   484 286
1,754   807 947
1,081   484 597
488   105 383
1,565   299 1,266
129   75 54
720   606 114
144   78 66
184   78 106
176   145 31
496   1,537 -1,041
310   866 -556
372   870 -498
310   698 -388
175   350 -175
526   952 -426
657   1,167 -510
482   840 -358
263   442 -179
1,743   2,324 -581
160   211 -51
2,396   3,168 -772
399   521 -122
2,316   2,880 -564
848   591 257
1,017   591 426
482   383 99
511   119 392
953   884 69
148   139 9
37   36 1
783   138 645
368   96 272
909   542 367
1,817   1,057 760
1,428   808 620
153   73 80
1,837   871 966
124   72 52
243   434 -191
811   1,435 -624
325   458 -133
316   458 -142
263   377 -114
684   771 -87
192   37 155
198   184 14
13   9 4
120   64 56
2,290   1,599 691
183   128 55
142   72 70
1,719   1,512 207
205   163 42
512   466 46
128   91 37
152   119 33
85   36 49
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
      14,431
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -5,147
b       -929
c       37
d       182
e       164
      428
      286
      108
      285
      145
      15
      20
      109
      46
      106
      388
      2,383
      21
      81
      76
      105
      1,148
      3,468
      188
      760
      -857
      -482
      -1,103
      -586
      -271
      -101
      -340
      -116
      -207
      -845
      -171
      -522
      -7
      -753
      -347
      -2,367
      8
      -1,383
      -182
      -70
      -556
      1,722
      41,627
      34,690
      247
      1,953
      1,411
      47
      -1,716
      272
      70
      3,204
      496
      -181
      -134
      -111
      -1,081
      10,515
      93
      -18
      70
      153
      -8,225
      138
      119
      46
      170
      522
      357
      48
      143
      -699
      60
      354
      71
      12
      2,293
      5,232
      -15
      1,436
      391
      29,399
      426
      105
      40
      23
      286
      947
      597
      383
      1,266
      54
      114
      66
      106
      31
      -1,041
      -556
      -498
      -388
      -175
      -426
      -510
      -358
      -179
      -581
      -51
      -772
      -122
      -564
      257
      426
      99
      392
      69
      9
      1
      645
      272
      367
      760
      620
      80
      966
      52
      -191
      -624
      -133
      -142
      -114
      -87
      155
      14
      4
      56
      691
      55
      70
      207
      42
      46
      37
      33
      49
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 137,314
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 2,271
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 2,271
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 2,271
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 4,296
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 4,296
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 2,025
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet100 RefundedBullet 11 1,925
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
Yes
 
If "Yes," attach the statement required by General Instruction T.Click to see attachment
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)
    bulletWA
    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 addressbulletNONE
    14
    The books are in care ofbulletFIDUCIARY TAX SERVICES Telephone no.bullet (800) 357-7094

    Located atbulletPO BOX 831041DALLASTX ZIP+4bullet752831041
    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
    BANK OF AMERICA N A CO-TRUSTEE
    1     		32,488    
    PO BOX 3977
    SEATTLE,WA98124
    KIMBERLEY O LIPPMAN CO-TRUSTEE
    1     		0    
    C/O BANK OF AMERICA POBOX 3977
    SEATTLE,WA98124
    JOHN W OSBERG CO-TRUSTEE
    1     		0    
    C/O BANK OF AMERICA POBOX 3977
    SEATTLE,WA98124
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    2,517,001
    b
    Average of monthly cash balances.......................
    1b
    73,749
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,590,750
    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
    2,590,750
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    38,861
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,551,889
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    127,594
    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
    127,594
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    2,271
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,271
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    125,323
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    125,323
    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
    125,323
    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
    3,309,271
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    3,309,271
    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
    3,309,271
    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 7 125,323
    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...... 0
    b From 2016...... 2,433,675
    c From 2017...... 6,942
    d From 2018...... 0
    e From 2019...... 0
    fTotal of lines 3a through e........ 2,440,617
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 3,309,271
    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..... 125,323
    e Remaining amount distributed out of corpus 3,183,948
    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 5,624,565
    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 ......     		5,624,565
    10 Analysis of line 9:
    a Excess from 2016.... 2,433,675
    b Excess from 2017.... 6,942
    c Excess from 2018.... 0
    d Excess from 2019.... 0
    e Excess from 2020.... 3,183,948
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    JANET JACOBS - BANK OF AMERICA N A
    PO BOX 24565
    SEATTLE,WA98124
    (206) 358-0912
    N/A
    bThe form in which applications should be submitted and information and materials they should include:
    LETTER FORMAT
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    IRS CODE SECTION 501(C)(3) DEFINED PURPOSES WITHIN THE UNITED STATES OR ITS POSSESSIONS WITH STATE OF WASHINGTON PREFERENCE
    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
    BANK OF AMERICA CHARITABLE GIFT
    FUND
    PO BOX 1802
    PROVIDENCE,RI029011802     		N/A PC DAF-MILLER RIVER CHARITABLE 1,602,411
    SALVATION ARMY
    PO BOX 9219
    SEATTLE,WA98109     		N/A PC UNRESTRICTED GENERAL 5,000
    BACK COUNTRY HORSEMEN
    PO BOX 1132
    ELLENSBURG,WA98926     		N/A PC UNRESTRICTED GENERAL 2,500
    MONE' FARMS EQUINE RESCUE &
    REHABILITATION
    24222 131ST AVE SE
    SNOHOMISH,WA98296     		N/A PC UNRESTRICTED GENERAL 5,000
    MORGAN STANLEY GLOBAL IMPACT
    FUNDING TRUST INC
    2000 WESTCHESTER AVE
    PURCHASE,NY10577     		N/A PC DAF-OSBERG CHARITABLE FUND 1,602,405
    AMERICAN RED CROSS-SERVING
    KING & KITSAP COUNTIES
    1900 25TH AVENUE S
    SEATTLE,WA98114     		N/A PC UNRESTRICTED GENERAL 5,000
    THE NATURE CONSERVANCY
    IN WASHINGTON
    1917 FIRST AVE
    SEATTLE,WA98101     		N/A PC UNRESTRICTED GENERAL 5,000
    MILLIONAIR CLUB
    2515 WESTERN AVE
    SEATTLE,WA98121     		N/A PC UNRESTRICTED GENERAL 2,500
    SEATTLE AQUARIUM SOCIETY
    1415 WESTERN AVE
    SEATTLE,WA981012051     		N/A PC UNRESTRICTED GENERAL 3,000
    SOUNDVIEW ASSOCIATION
    PO BOX 151
    STANWOOD,WA98292     		N/A PC UNRESTRICTED GENERAL 10,000
    TREEHOUSE FUND INC
    2100 24TH AVE S 220
    SEATTLE,WA98144     		N/A PC UNRESTRICTED GENERAL 2,000
    SKAGITONIANS TO PRESERVE
    FARMLAND
    PO BOX 2405
    MT VERNON,WA982732405     		N/A PC UNRESTRICTED GENERAL 10,000
    THE MOUNTAINS TO SOUND
    GREENWAY TRUST
    911 WESTERN AVE
    SEATTLE,WA98104     		N/A PC UNRESTRICTED GENERAL 10,000
    NORTHWEST RAILWAY MUSEUM
    PO BOX 459
    SNOQUALMIE,WA98065     		N/A PC UNRESTRICTED GENERAL 5,000
    LIFETIME ADVOCACY PLUS
    444 NE RAVENNA BLVD
    SEATTLE,WA98115     		N/A PC UNRESTRICTED GENERAL 5,000
    WOODLAND PARK ZOOLOGICAL
    SOCIETY
    601 N 59TH ST
    SEATTLE,WA98103     		N/A PC UNRESTRICTED GENERAL 10,000
    Total .................................bullet 3a 3,284,816
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 49,860  
    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 ............     		    18 137,314  
    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)..   187,174  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    187,174
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    OSBERG FAMILY TRUST
    EIN:
    94-3067305
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE - BOA 5,000 3,000   2,000

    TY 2020 GeneralExplanationAttachment
    Name:
    OSBERG FAMILY TRUST
    EIN:
    94-3067305
    Identifier Return Reference Explanation
    FEDERAL FOOTNOTE PART VIII LIST OF OFFICERS AND DIRECTORS THE COMPENSATION SHOWN ON THE RETURN THAT IS PAID TO BANK OF AMERICA, N.A. AS CORPORATE TRUSTEE IS NOT CALCULATED BASED UPON AN HOURLY RATE FOR THE TIME SPENT BY THE TRUSTEE; RATHER, BANK OF AMERICA'S COMPENSATION AS CORPORATE TRUSTEE IS CALCULATED USING A MARKET VALUE FEE SCHEDULE. THE TRUST OFFICER'S TIME SPENT PERFORMING ADMINISTRATIVE RESPONSIBILITIES FOR THIS FOUNDATION AVERAGES ONE HOUR PER WEEK. IN ADDITION, TIME IS SPENT BY OTHER STAFF MEMBERS FOR RECORDKEEPING, INVESTMENT MANAGEMENT, INCOME COLLECTION, RENDERING STATEMENTS AND ACCOUNTINGS, REGULATORY REPORTING, REGULATORY COMPLIANCE, AND TAX SERVICES.

    TY 2020 LiquidationExplanationStmt
    Name:
    OSBERG FAMILY TRUST
    EIN:
    94-3067305
    Statement:
    THE TWO MAJORITY TRUSTEES OF THE TRUST HAVE DETERMINED THAT IN FURTHERANCE OF THE TRUST'S CHARITABLE PURPOSES, IT IS PRACTICABLE AND NECESSARY TO TERMINATE THE TRUST UNDER PARAGRAPH 14 OF THE TRUST AGREEMENT. CONSISTENT WITH THIS REQUIREMENT, THE TRUSTEES WILL DISTRIBUTE THE REMAINING FUNDS IN EQUAL SHARES TO TWO DONOR ADVISED FUNDS.


    TY 2020 LegalFeesSchedule
    Name:
    OSBERG FAMILY TRUST
    EIN:
    94-3067305
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    STOKES LAWRENCE 9,435     9,435


    TY 2020 OtherDecreasesSchedule
    Name:
    OSBERG FAMILY TRUST
    EIN:
    94-3067305
    Description Amount
    ROC ADJUSTMENT 248


    TY 2020 OtherExpensesSchedule
    Name:
    OSBERG FAMILY TRUST
    EIN:
    94-3067305
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    STATE FILING FEE 25 0   25


    TY 2020 OtherIncreasesSchedule
    Name:
    OSBERG FAMILY TRUST
    EIN:
    94-3067305
    Description Amount
    MUTUAL FUND ADJUSTMENT 2,933
    ROUNDING 2
    NON-CASH GRANTS-BV/FMV ADJ 839,217


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    OSBERG FAMILY TRUST
    EIN:
    94-3067305
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT ADVISORY FEES 615 615    


    TY 2020 TaxesSchedule
    Name:
    OSBERG FAMILY TRUST
    EIN:
    94-3067305
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX - PRIOR YEAR 686 0   0
    EXCISE TAX ESTIMATES 4,296 0   0
    FOREIGN TAXES ON QUALIFIED FOR 309 309   0
    FOREIGN TAXES ON NONQUALIFIED 101 101   0