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 07-01-2020 , and ending 06-30-2021
Name of foundation
LIBRARY ASSOCIATION OF WAREHOUSE POINT
INC
Number and street (or P.O. box number if mail is not delivered to street address)107 MAIN STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
EAST WINDSOR, CT06088
A Employer identification number

06-0719521
B Telephone number (see instructions)

(860) 623-5482
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$4,580,227J 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) 370,654
2 Check bullet.............
3 Interest on savings and temporary cash investments 25 25 25
4 Dividends and interest from securities... 30,722 30,722 30,722
5a Gross rents............ 62,490 62,490 62,490
b Net rental income or (loss) 22,978
6a Net gain or (loss) from sale of assets not on line 10 93,557
b Gross sales price for all assets on line 6a 431,356
7 Capital gain net income (from Part IV, line 2)... 93,557
8 Net short-term capital gain......... 46,561
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 2,420 0 2,420
12 Total. Add lines 1 through 11........ 559,868 186,794 142,218
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 4,500 0 0 4,500
14 Other employee salaries and wages...... 199,351 0 0 199,351
15 Pension plans, employee benefits....... 23,653 0 0 23,653
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 11,010 0 0 11,010
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)...        
19 Depreciation (attach schedule) and depletion... Click to see attachment 25,536 4,080 4,080
20 Occupancy.............. 107,967 35,432 35,432 72,535
21 Travel, conferences, and meetings.......        
22 Printing and publications.......... 20,470 0 0 20,470
23 Other expenses (attach schedule)....... Click to see attachment 85,841 20,432 20,432 65,409
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 478,328 59,944 59,944 396,928
25 Contributions, gifts, grants paid....... 0 0
26 Total expenses and disbursements. Add lines 24 and 25 478,328 59,944 59,944 396,928
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 81,540
b Net investment income (if negative, enter -0-) 126,850
c Adjusted net income (if negative, enter -0-)... 82,274
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............. 6,505 8,802 8,802
2 Savings and temporary cash investments......... 288,858 263,872 263,872
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 627,269 Click to see attachment633,872 879,662
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet213,724
Less: accumulated depreciation (attach schedule) bullet130,434 84,746 Click to see attachment83,290 376,011
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 819,891 Click to see attachment841,091 967,775
14 Land, buildings, and equipment: basis bullet656,521
Less: accumulated depreciation (attach schedule) bullet428,770 200,332 Click to see attachment227,751 2,084,105
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,027,601 2,058,678 4,580,227
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)...... 42,325  
22 Other liabilities (describe bullet) Click to see attachment7,243 Click to see attachment5,080
23 Total liabilities (add lines 17 through 22)......... 49,568 5,080
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........... 1,884,456 1,980,992
25 Net assets with donor restrictions............ 93,577 72,606
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........    
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)..... 1,978,033 2,053,598
30 Total liabilities and net assets/fund balances (see instructions). 2,027,601 2,058,678
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
1,978,033
2
Enter amount from Part I, line 27a .....................
2
81,540
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
2,059,573
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
5,975
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
2,053,598
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 PUBLICLY TRADED SECURITIES      
b PUBLICLY TRADED SECURITIES      
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 135,576   89,015 46,561
b 295,780   248,784 46,996
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       46,561
b       46,996
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 93,557
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 46,561
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: 1988-10-13(attach copy of letter if necessary–see instructions)
b Reserved................................ 1 N/A
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 0
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 0
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 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 0
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 0
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet   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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCT
    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
    Yes
     
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.WAREHOUSEPOINTLIBRARY.INFO
    14
    The books are in care ofbulletCYNTHIA MILLER Telephone no.bullet (860) 623-5482

    Located atbullet107 MAIN STEAST WINDSORCT ZIP+4bullet06088
    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
    ELYSE SPIELBERG CHAIRMAN
    10.00     		0 0 0
    244 RYE STREET
    BROAD BROOK,CT06016
    CYNTHIA MILLER TREASURER
    5.00     		4,500 0 0
    125 CARRIAGE HOUSE
    ENFIELD,CT06082
    ALBERT FLOYD SECRETARY/VICE CHAIRMAN
    2.00     		0 0 0
    40 WINTON ROAD
    E WINDSOR,CT06088
    DAVID PITNEY TRUSTEE
    2.00     		0 0 0
    8 WINTON ROAD
    E WINDSOR,CT06088
    MARION WEBBER TRUSTEE
    2.00     		0 0 0
    8 GARDNER ST
    E WINDSOR,CT06088
    CHERYL WARD TRUSTEE
    2.00     		0 0 0
    31 NORTON ROAD
    BROAD BROOK,CT06016
    KAREN WILSON TRUSTEE
    2.00     		0 0 0
    14 WINDHAM RD
    ENFIELD,CT06082
    RICHARD ROSS TRUSTEE
    2.00     		0 0 0
    1 PIERCE LANE
    BROAD BROOK,CT06016
    LOIS HILLER EXECUTIVE DIRECTOR
    40.00     		66,990 2,010 0
    719 CANYON RIDGE DR
    BROAD BROOK,CT06016
    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
    LOIS HILLER EXECUTIVE DIRECTOR
    40.00     		66,990 2,010 0
    719 CANYON RIDGE DR
    BROAD BROOK,CT06016
    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 LIBRARY SERVICES - INCLUDES CIRCULATION OF 39048;REGISTERED BORROWERS OF APPROXIMATELY 2,150; ESTIMATED VISITS OF 10,222 AND CURBSIDE PICKUPS OF 270; 39,846 ITEMS IN COLLECTION (PRINT AND NON-PRINT), 106 CHILDREN AND ADULT PROGRAMS OFFERED. 396,928
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    1,759,163
    b
    Average of monthly cash balances.......................
    1b
    284,030
    c
    Fair market value of all other assets (see instructions)................
    1c
    376,011
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,419,204
    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
    2,419,204
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    36,288
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,382,916
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    119,146
    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
     
    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
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    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
     
    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
    396,928
    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
    40,347
    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
    437,275
    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
    437,275
    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  
    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......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$  
    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.....  
    e Remaining amount distributed out of corpus  
    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  
    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 ..........     		 
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
    1988-10-13
    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
    82,274 51,656 52,925 66,709 253,564
    b 85% of line 2a ......... 69,933 43,908 44,986 56,703 215,529
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		437,275 397,698 341,985 367,073 1,544,031
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		0 0 0 0 0
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		437,275 397,698 341,985 367,073 1,544,031
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......         0
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		         0
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		        0
    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) ....     		373,074 341,281 290,013 276,989 1,281,357
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		373,074 341,281 290,013 276,989 1,281,357
    (3) Largest amount of support
    from an exempt organization    		 275,000 273,360 268,000 257,000 1,073,360
    (4) Gross investment income 186,793 105,206 129,167 186,408 607,574
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    Total .................................bullet 3a 0
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    aINCOME - FINES         472
    bINCOME - COPIER         1,605
    cINCOME - LOST BOOKS          
    dINCOME - MISCELLANEOUS         343
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 25  
    4 Dividends and interest from securities....     14 30,722  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 22,978  
    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 93,557  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 147,282 2,420
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    149,702
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    1 CONSISTS OF CHARGES AND FEES FOR LIBRARY ACTIVITIES INCLUDING BOOK FINES, LOST BOOK CHARGES, COPIER, COMPUTER CHARGES
    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:
    LIBRARY ASSOCIATION OF WAREHOUSE POINT
     
    INC
    EIN:
    06-0719521
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    VCR A DIVISION OF FML 11,010 0 0 11,010

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

    TY 2020 DepreciationSchedule
    Name:
    LIBRARY ASSOCIATION OF WAREHOUSE POINT
     
    INC
    EIN:
    06-0719521
    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
    OFFICE BUILDING 1982-06-15 75,000 75,000 SL 15.000000000000 0 0 0  
    IMPROVEMENTS 1987-06-15 3,730 3,083 SL 40.000000000000 93 93 93  
    IMPROVEMENTS 1987-10-15 7,972 6,524 SL 40.000000000000 199 199 199  
    GARAGE DEMO 1988-01-15 3,226 2,625 SL 40.000000000000 81 81 81  
    KITCHEN REMODEL 1989-03-15 6,053 4,738 SL 40.000000000000 151 151 151  
    SIDING AND INSULATION 2001-04-17 23,300 11,172 SL 40.000000000000 583 583 583  
    SIDING 2001-08-03 1,590 754 SL 40.000000000000 40 40 40  
    BATHROOM REMODEL 2001-10-28 8,065 3,767 SL 40.000000000000 202 202 202  
    WINDOWS 2011-03-29 20,915 4,980 SL 39.000000000000 536 536 536  
    SEWER PIPE REPLACED 2011-08-02 9,800 2,228 SL 39.000000000000 251 251 251  
    PAVING 2011-11-22 4,125 914 SL 39.000000000000 106 106 106  
    PARKING LOT STRIPING 2012-06-11 659 137 SL 39.000000000000 17 17 17  
    WINDOWS 2013-12-01 16,850 2,826 SL 39.000000000000 432 432 432  
    WINDOWS 2015-08-18 5,710 706 SL 39.000000000000 146 146 146  
    WINDOWS 2016-06-29 6,992 716 SL 39.000000000000 179 179 179  
    CARPETING 2018-09-24 4,973 1,243 SL 7.000000000000 710 710 710  
    REAR PORCH 2020-01-20 12,441 133 SL 39.000000000000 319 319 319  
    BUILDING 1947-01-01 6,000 6,000 SL 40.000000000000 0 0 0  
    BUILDING ADDITION 1970-01-01 183,189 180,904 SL 40.000000000000 0 0 0  
    SHELVING 1988-01-15 2,200 1,678 SL 40.000000000000 55 0 55  
    AIR CONDITIONING 1991-07-17 10,035 7,256 SL 40.000000000000 251 0 251  
    NEW ROOF 1991-08-28 11,878 8,562 SL 40.000000000000 297 0 297  
    SHELVES 1994-04-17 1,670 1,670 SL 7.000000000000 0 0 0  
    HANDICAP ACCESS 1999-09-01 41,022 21,370 SL 40.000000000000 1,026 0 1,026  
    PAVING 2000-08-10 3,500 3,498 SL 15.000000000000 0 0 0  
    WINDSCREEN 2000-07-29 1,144 1,144 SL 7.000000000000 0 0 0  
    SLAT WALL 2001-09-17 5,175 2,422 SL 40.000000000000 129 0 129  
    ROOF 2005-04-04 19,713 19,713 SL 15.000000000000 0 0 0  
    CARPETING 2006-07-01 19,197 19,199 SL 10.000000000000 0 0 0  
    CARPETING 2008-01-09 5,625 5,625 SL 10.000000000000 0 0 0  
    LEAD ABATEMENT/SIDING 2008-08-19 55,993 17,052 SL 39.000000000000 1,436 0 1,436  
    ROOF 2009-07-22 11,891 3,342 SL 39.000000000000 305 0 305  
    CEILING REPLACEMENT 2009-09-10 5,691 1,576 SL 39.000000000000 146 0 146  
    FLOORING 2010-04-12 9,275 2,430 SL 39.000000000000 238 0 238  
    COMMUNITY ROOM UPGRADES 2011-06-20 4,620 1,067 SL 39.000000000000 118 0 118  
    RENOVATE KITCHEN 2011-01-30 4,295 1,040 SL 39.000000000000 110 0 110  
    COMPUTER TABLES 1995-04-29 774 774 SL 7.000000000000 0 0 0  
    FILE CABINET 1995-07-28 475 475 SL 7.000000000000 0 0 0  
    BOOK TRUCK 1996-03-10 511 511 SL 5.000000000000 0 0 0  
    BOOKSHELVES 1997-02-04 1,311 1,311 SL 7.000000000000 0 0 0  
    DISPLAYS 1998-01-20 1,890 1,890 SL 7.000000000000 0 0 0  
    DISPLAYS 1998-06-14 2,073 2,073 SL 7.000000000000 0 0 0  
    BOOK TRUCK 1990-02-07 742 742 SL 7.000000000000 0 0 0  
    SAFE 1990-08-31 350 350 SL 7.000000000000 0 0 0  
    CHILDRENS AREA EQUIPMENT 1991-12-30 2,657 2,657 SL 7.000000000000 0 0 0  
    BOOKCASES-CHILDRENS AREA 1991-12-31 2,234 2,234 SL 7.000000000000 0 0 0  
    CHILDRENS FURNITURE 1992-06-04 222 222 SL 7.000000000000 0 0 0  
    TRASH CONTAINER 1999-08-31 313 313 SL 5.000000000000 0 0 0  
    BOOK CART 1999-10-06 491 491 SL 5.000000000000 0 0 0  
    SHELVING 1999-12-06 1,275 1,275 SL 5.000000000000 0 0 0  
    SHELVING - CHILDRENS AREA 2001-03-08 1,692 1,692 SL 7.000000000000 0 0 0  
    40 CHAIRS 2001-01-19 2,000 2,000 SL 7.000000000000 0 0 0  
    10 FOLDING TABLES 2000-09-19 800 800 SL 7.000000000000 0 0 0  
    SCREEN COMMUNITY ROOM 2001-07-25 560 560 SL 7.000000000000 0 0 0  
    AUTOMATION EQUIPMENT 2002-04-19 1,765 1,765 SL 5.000000000000 0 0 0  
    BOILER 2005-01-23 12,846 12,846 SL 15.000000000000 0 0 0  
    SHELVING 2004-12-09 1,585 1,584 SL 7.000000000000 0 0 0  
    ASH DISPLAY CASE 2007-09-28 400 400 SL 7.000000000000 0 0 0  
    FLAG POLE AND FLAG 2008-06-03 605 605 SL 7.000000000000 0 0 0  
    CABINETS 2008-03-04 1,773 1,773 SL 7.000000000000 0 0 0  
    SHELVING 2008-05-20 3,720 3,720 SL 7.000000000000 0 0 0  
    TEMPERED GLASS DOORS 2008-12-16 4,740 4,740 SL 7.000000000000 0 0 0  
    ASH BOOKCASES 2008-11-05 3,920 3,920 SL 7.000000000000 0 0 0  
    BOOKDROP 2008-11-03 2,289 2,289 SL 7.000000000000 0 0 0  
    FRAME FOR MAP 2010-08-26 201 201 SL 7.000000000000 0 0 0  
    NEW CABINET - CIRCULATION 2010-09-29 1,018 1,018 SL 7.000000000000 0 0 0  
    ENTRANCE SIGN 2012-06-18 1,300 1,300 SL 7.000000000000 0 0 0  
    PAVING 2011-12-08 7,010 1,537 SL 39.000000000000 180 0 180  
    RENOVATIONS 2011-12-23 9,025 2,802 SL 27.500000000000 328 0 328  
    WINDOW TREATMENTS 2011-07-07 2,422 2,422 SL 7.000000000000 0 0 0  
    CHAIRS 2012-04-25 1,305 1,305 SL 7.000000000000 0 0 0  
    RUBBER ROOF 2012-10-15 5,858 1,156 SL 39.000000000000 150 0 150  
    HOT WATER HEATER 2013-05-15 1,509 1,509 SL 7.000000000000 0 0 0  
    RENOVATIONS 2014-01-28 20,064 4,714 SL 27.500000000000 730 0 730  
    COPIER 2013-08-12 945 945 SL 5.000000000000 0 0 0  
    REFRIGERATOR 2014-02-01 774 712 SL 7.000000000000 62 0 62  
    BOOK BENCH 2014-03-12 1,673 1,514 SL 7.000000000000 159 0 159  
    WASHER 2015-07-31 499 349 SL 7.000000000000 71 0 71  
    PRINTER 2015-12-28 500 450 SL 5.000000000000 50 0 50  
    TELEPHONE SYSTEM 2015-12-28 2,471 2,223 SL 5.000000000000 248 0 248  
    MINI SPLIT A/C - COMMUNITY ROOM 2018-06-21 10,812 3,090 SL 7.000000000000 1,545 0 1,545  
    4 DRAWER CABINET 2018-03-15 1,235 411 SL 7.000000000000 176 0 176  
    SECURITY CAMERAS 2018-12-30 2,424 727 SL 5.000000000000 485 0 485  
    CARPETING 2019-08-29 7,316 871 SL 7.000000000000 1,045 0 1,045  
    WINDOWS (8) 2019-10-14 12,500 240 SL 39.000000000000 321 0 321  
    STEPS, LANDING, SIDEWALK 2019-11-01 12,536 557 SL 15.000000000000 836 0 836  
    FURNACE/AC - RIGHT SIDE 2019-11-27 13,250 198 SL 39.000000000000 340 0 340  
    EARLY LITERACY STATION 2020-05-05 2,727 91 SL 5.000000000000 545 0 545  
    ELECTRICAL WORK - COMPUTERS, ETC 2020-04-29 6,000 200 SL 5.000000000000 1,200 0 1,200  
    AFTER SCHOOLD EDGE WORKSTATION 2020-04-27 2,727 91 SL 5.000000000000 545 0 545  
    50 CAFERTORIUM CHAIRS 2020-05-27 5,854 70 SL 7.000000000000 836 0 836  
    EPSON PROJECTOR 2020-06-03 1,711 29 SL 5.000000000000 342 0 342  
    IMAGERUNNER COLOR COPIER 2020-05-11 5,138 171 SL 5.000000000000 1,028 0 1,028  
    (11) HP DISPLAY MONITORS 2020-06-09 2,739 46 SL 5.000000000000 548 0 548  
    IPAD PRO W/CASE 2020-06-12 917 15 SL 5.000000000000 183 0 183  
    HP 600G5 COMPUTER 2020-06-15 788 13 SL 5.000000000000 158 0 158  
    2 GARAGE DOORS 2020-11-18 2,324   SL 39.000000000000 35 35 35  
    14 ANDERSON WINDOWS 2020-12-04 14,800   SL 39.000000000000 221 0 221  
    TOILET AND TOUCH FREE SYSTEM 2020-10-19 5,900   SL 7.000000000000 562 0 562  
    AIR PURIFICATON MODULES 2020-11-09 8,221   SL 15.000000000000 365 0 365  
    LOVESEAT 2020-12-01 1,547   SL 7.000000000000 129 0 129  
    (2) CHAIRS 2020-11-12 1,380   SL 7.000000000000 131 0 131  
    (2) LEATHER CHAIRS 2020-11-10 2,220   SL 7.000000000000 211 0 211  
    PROJECTOR WIRING 2020-07-01 1,500   SL 5.000000000000 300 0 300  
    HP COMPUTERS 2020-07-01 7,880   SL 5.000000000000 1,576 0 1,576  
    8 JSI LIBRARY CHAIRS 2020-07-08 2,452   SL 7.000000000000 350 0 350  
    HP PRODESK 600 G5 2020-07-07 1,632   SL 5.000000000000 326 0 326  
    (5) WORDEN COMPUTER CARREL 2020-07-09 4,288   SL 7.000000000000 613 0 613  
    THINKCENTRE MINI I5 2020-07-21 790   SL 5.000000000000 145 0 145  
    SAMSUNG 55" SMART TV 2020-07-21 600   SL 7.000000000000 79 0 79  
    2 HP ELITEDESK 2020-11-25 1,937   SL 5.000000000000 226 0 226  

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    LIBRARY ASSOCIATION OF WAREHOUSE POINT
     
    INC
    EIN:
    06-0719521
    Name of Stock End of Year Book Value End of Year Fair Market Value
    119 RAYTHEON -7978 7,280 10,152
    120 EMERSON ELECTRIC -7978 7,238 11,549
    77 NIKE -8962 5,403 11,896
    124 NETAPP INC 7,275 10,146
    111 RAYTHEON 5,161 9,469
    24 MASTERCARD-8962 7,509 8,762
    143 MERCK -7978 8,098 11,121
    144 STARBUCKS CORP -7978 8,134 16,101
    151 VERIZON -8962 8,361 8,461
    164 BRISTOL MYERS SQUIBB 7,921 10,958
    173 COCA COLA -7978 7,254 9,361
    168 CISCO - 8962 8,279 8,904
    183 CHURCH & DWIGHT -7978 8,423 15,595
    37 ALIBABA-8962 8,871 8,391
    217 FASTENAL 6,691 11,284
    232 PFIZER INC -7978 6,893 9,085
    65 APPLE - 8962 3,928 8,902
    274 GENTEX-8962 7,395 9,067
    277 PFIZER - 8962 9,112 10,847
    62 DIGITAL REALTY TRUST -8962 8,032 9,329
    37 CONSTELLATION BRANDS 8,130 8,654
    34 HOME DEPOT -7978 6,210 10,842
    329 INTERPUBLIC GROUP-8962 7,298 10,689
    30 ANTHEM -8962 7,462 11,454
    358 STERLING BANCORP-8962 9,008 8,875
    42 BECTON DICKINSON -7978 7,229 10,214
    42 UNION PACIFIC-7978 4,551 9,237
    44 COSTCO WHOLESALE -7978 7,217 17,409
    40 SH ECOLAB 4,726 8,239
    45 UNITED HEALTH GROUP -7978 7,323 18,020
    29 FACEBOOK - 8962 4,117 10,084
    46 GENERAL DYNAMICS -7978 8,573 8,660
    43 SH MOHAWK INDUSTRIES 6,684 8,264
    45 LANCASTER COLONY CORP-8962 7,134 8,708
    50 GENUINE PARTS -7978 4,813 6,324
    52 ECOLAB - 7978 9,776 10,710
    49 TELADOC HEALTH - 8962 8,460 8,148
    49 ADP - 8962 8,057 9,732
    54 MICROSOFT -7978 3,451 14,629
    51 MICROSOFT -8962 7,443 13,816
    58 PEPSICO -7978 6,063 8,594
    58 VISA -7978 8,913 13,562
    63 BAXTER INTL -7978 2,906 5,072
    63 CLOROX CO -7978 10,589 11,334
    65 3M COMPANY -7978 10,947 12,911
    65 JOHNSON & JOHNSON -7978 7,326 10,708
    126 POWER INTEGRATIONS - 8962 7,551 10,340
    84 SH LYONDELLBASELL INS-8962 7,138 8,641
    66 ILLINOIS TOOL-7978 9,438 14,755
    64 ANALOG DEVICES-8962 4,946 11,018
    70 ACCENTURE PLC -7978 8,610 20,635
    66 FISERV - 8962 7,891 7,055
    71 LINDE-7978 11,605 20,526
    67 DTE ENERGY-8962 6,681 8,683
    76 ADP -7978 8,723 15,095
    71 ABBVIE INC-8962 6,840 7,997
    121 EOG RESOURCES 4,371 10,096
    103 SH PHILLIPS 66 5,103 8,839
    138 UNILEVER - 8962 7,492 8,073
    80 AFFILIATED MANAGERS 8,673 12,337
    84 PROCTOR & GAMBLE -7978 7,282 11,334
    90 WALMART -7978 6,027 12,692
    113 MERCK -8962 7,767 8,788
    95 JM SMUCKER -7978 11,665 12,309
    89 WASTE CONNECTIONS - 8962 8,000 10,629
    98 MEDTRONIC -7978 7,289 12,165
    JP MORGAN CHASE-8962 5,967 8,710
    33 LOCKHEED MARTIN 7978 12,706 12,486
    103 MARSH & MCLENNAN 7978 12,152 14,490
    14 ORGANON & CO 7978 397 424
    97 WASTE MANAGEMENT 7978 11,618 13,591
    570 ARBOR REALTY TRUST 8962 6,611 10,157
    113 COGNEX CORP 8962 8,025 9,498
    111 HASBRO 8962 9,664 10,492
    25 LOCKHEED MARTIN 8962 9,396 9,459
    28 LULULEMON ATHLETICA 8962 9,838 10,219
    72 NEXSTAR MEDIA GROUP 8962 8,803 10,647
    11 ORGANON & CO 8962 379 333
    267 PPL CORP 8962 7,930 7,468
    35 PAYPAL 8962 8,569 10,202
    497 PENNYMAC MORTGAGE 8962 9,823 10,467
    72 QUALCOMM INC 8962 9,764 10,291
    104 SIMULATIONS PLUS 8962 8,774 5,711
    151 WORLD WRESTLING ENTERT 8962 8,700 8,741

    TY 2020 InvestmentsLandSchedule2
    Name:
    LIBRARY ASSOCIATION OF WAREHOUSE POINT
     
    INC
    EIN:
    06-0719521
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    OFFICE BUILDING AND IMPROVEMENTS 213,724 130,434 83,290 376,011

    TY 2020 InvestmentsOtherSchedule2
    Name:
    LIBRARY ASSOCIATION OF WAREHOUSE POINT
     
    INC
    EIN:
    06-0719521
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    1-3 YR TREASURY BOND ETF-8962 AT COST 69,476 70,134
    1148 SH VANGUARD EMERG MRKTS ETF-8962 AT COST 40,752 62,348
    3-7 YR T BOND ETF -8962 AT COST 108,240 112,517
    74 TIPS BOND ETF -8962 AT COST 8,517 9,473
    ISHARES MSCI EAFE ETF-8962 AT COST 43,085 58,687
    MBS -ETF - 8962 AT COST 154,939 156,717
    SPDR S&P 500 ETF - 8962 AT COST 221,061 297,930
    STIFEL NICOLAUS MM FUND-7978 AT COST 21,698 21,698
    STIFEL NICOLAUS MM FUND-8962 AT COST 34,342 34,342
    5-10 YR INVESTMENT GRADE CORP BOND 8962 AT COST 29,050 31,349
    1-5 YR INVESTMENT GRADE CORP 8962 AT COST 109,931 112,580

    TY 2020 LandEtcSchedule2
    Name:
    LIBRARY ASSOCIATION OF WAREHOUSE POINT
     
    INC
    EIN:
    06-0719521
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    LIBRARY BLDG AND RELATED IMPROV 507,281 336,234 171,047 1,959,105
    EQUIPMENT 149,240 92,536 56,704 125,000


    TY 2020 OtherDecreasesSchedule
    Name:
    LIBRARY ASSOCIATION OF WAREHOUSE POINT
     
    INC
    EIN:
    06-0719521
    Description Amount
    BOOK/TAX DEPRECIATION 5,971
    ROUNDING 4


    TY 2020 OtherExpensesSchedule
    Name:
    LIBRARY ASSOCIATION OF WAREHOUSE POINT
     
    INC
    EIN:
    06-0719521
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE SUPPLIES 9,959 0 0 9,959
    PROGRAMS 5,502 0 0 5,502
    INSURANCE 10,896 0 0 10,896
    MISCELLANEOUS 321 0 0 321
    DUES AND FEES 1,409 0 0 1,409
    FUNDRAISING 4,929 0 0 4,929
    AUTOMATION 23,503 0 0 23,503
    AUDIO/VIDEO 1,126 0 0 1,126
    MANAGEMENT ADVISORY FEES 20,432 20,432 20,432 0
    COMPUTER RELATED EXPENSES 5,668 0 0 5,668
    LIBRARY SUPPLIES 936 0 0 936
    MUSEUM PASSES 1,160 0 0 1,160


    TY 2020 OtherIncomeSchedule2
    Name:
    LIBRARY ASSOCIATION OF WAREHOUSE POINT
     
    INC
    EIN:
    06-0719521
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    INCOME - FINES 472   472
    INCOME - COPIER 1,605   1,605
    INCOME - MISCELLANEOUS 343   343


    TY 2020 OtherLiabilitiesSchedule
    Name:
    LIBRARY ASSOCIATION OF WAREHOUSE POINT
     
    INC
    EIN:
    06-0719521
    Description Beginning of Year - Book Value End of Year - Book Value
    SECURITY DEPOSITS 4,275 3,900
    PAYROLL TAXES AND WITHHOLDING PAYABLE 2,968 1,180