Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
ADRIAN FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)735 STATE STREET SUITE 511
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SANTA BARBARA, CA93101
A Employer identification number

33-0783199
B Telephone number (see instructions)

(805) 898-1969
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$5,428,251J 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 26,185 26,185  
4 Dividends and interest from securities... 85,607 85,607  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 98,514
b Gross sales price for all assets on line 6a 3,183,293
7 Capital gain net income (from Part IV, line 2)... 98,514
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 210,306 210,306  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 4,714 707   4,007
b Accounting fees (attach schedule)....... Click to see attachment 11,805 2,000   9,805
c Other professional fees (attach schedule).... Click to see attachment 47,107 47,107   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 14,859 3,774   85
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 17,768 0   17,768
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 96,253 53,588   31,665
25 Contributions, gifts, grants paid....... 326,000 326,000
26 Total expenses and disbursements. Add lines 24 and 25 422,253 53,588   357,665
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -211,947
b Net investment income (if negative, enter -0-) 156,718
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 136,375 255,465 255,465
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).....   40,000 40,000
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) 1,056,144 Click to see attachment1,185,552 1,185,552
b Investments—corporate stock (attach schedule)....... 3,924,508 Click to see attachment3,150,563 3,150,563
c Investments—corporate bonds (attach schedule)....... 254,680 Click to see attachment444,382 444,382
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 0 Click to see attachment352,289 352,289
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) 5,371,707 5,428,251 5,428,251
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 5,371,707 5,428,251
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........    
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)..... 5,371,707 5,428,251
30 Total liabilities and net assets/fund balances (see instructions). 5,371,707 5,428,251
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
5,371,707
2
Enter amount from Part I, line 27a .....................
2
-211,947
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
268,491
4
Add lines 1, 2, and 3 ..........................
4
5,428,251
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
5,428,251
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 STOCK - ST P 2019-12-31 2020-12-31
b PUBLICLY TRADED STOCK - LT P 2019-12-31 2020-12-31
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 1,071,638   1,119,357 -47,719
b 2,111,655   1,965,422 146,233
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       -47,719
b       146,233
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 98,514
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 2,178
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 2,178
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 2,178
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 10,875
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 10,875
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 8,697
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet8,697 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletGINA ADRIAN-GIANNETTO Telephone no.bullet (805) 898-1969

    Located atbullet735 STATE STREET SUITE 511SANTA BARBARACA ZIP+4bullet93101
    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
    Yes
     
    ........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
     
    No
    .........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). Click to see attachment
    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
    NANCY ADRIAN PRESIDENT
    5.00     		0 0 0
    735 STATE STREET SUITE 511
    SANTA BARBARA,CA93101
    GINA GIANNETTO SECRETARY/TREASURER
    10.00     		0 0 0
    735 STATE STREET SUITE 511
    SANTA BARBARA,CA93101
    SHIRLEY KOVAR BOARD MEMBER
    1.00     		0 0 0
    735 STATE STREET SUITE 511
    SANTA BARBARA,CA93101
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    4,807,945
    b
    Average of monthly cash balances.......................
    1b
    176,057
    c
    Fair market value of all other assets (see instructions)................
    1c
    40,000
    d
    Total (add lines 1a, b, and c).........................
    1d
    5,024,002
    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
    5,024,002
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    75,360
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    4,948,642
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    247,432
    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
    247,432
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    2,178
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,178
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    245,254
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    245,254
    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
    245,254
    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
    357,665
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    357,665
    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
    357,665
    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 7 245,254
    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...... 77,874
    b From 2016...... 127
    c From 2017......  
    d From 2018...... 24,900
    e From 2019......  
    fTotal of lines 3a through e........ 102,901
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 357,665
    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..... 245,254
    e Remaining amount distributed out of corpus 112,411
    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 5 215,312
    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) ...     		77,874
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		137,438
    10 Analysis of line 9:
    a Excess from 2016.... 127
    b Excess from 2017....  
    c Excess from 2018.... 24,900
    d Excess from 2019....  
    e Excess from 2020.... 112,411
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    WORLDWIDE FISTULA FUND
    1100 EAST WOODFIELD RD SUITE 350
    SCHAUMBURG,IL60173     		  PC WOMEN'S REPRODUCTIVE HEALTH 65,000
    PARTNERS IN HEALTH
    800 BOYLSTON STREET SUITE 300
    BOSTON,MA02199     		  PC GLOBAL HEALTH/COVID RESPONSE 50,000
    ISLAMIC RELIEF USA
    3655 WHEELER AVENUE
    ALEXANDRIA,VA22304     		  PC GLOBAL DISASTER RELIEF 50,000
    SEVEN SISTERS INTERNATIONAL
    PO BOX 3069
    BRECKERNRIDGE,CO80424     		  PC WOMEN'S EDUCATION 40,000
    DIRECT RELIEF
    6100 WALLACE BECKNELL ROAD
    SANTA BARBARA,CA93117     		  PC COVID RELIEF 30,000
    EQUAL JUSTICE INITIATIVE
    122 COMMERCE STREET
    MONTGOMERY,AL36104     		  PC SOCIAL JUSTICE/EQUITY 25,000
    YELLOWHAMMER FUND
    PO BOX 1565
    TUSCALOOSA,AL35403     		  PC WOMEN'S REPRODUCTIVE RIGHTS/HEALTH 15,000
    PATH SANTA BARBARA
    340 N MADISON AVE
    LOS ANGELES,CA90004     		  PC HOMELESS ASSISTANCE AND REHABILITATION 10,000
    PEOPLE ADVANCING REINTEGRATION
    342 E WALNUT LANE
    PHILADELPHIA,PA19144     		  PC SOCIAL JUSTICE/EQUITY EMPLOYMENT PROCUREMENT ASSISTANCE, JOB TRAINING 3,000
    PLANT WITH PURPOSE
    4747 MORENA BLVD SUITE 100
    SAN DIEGO,CA92117     		  PC REGENERATIVE AGRICULTURE/RURAL FARMING COMMUNITIES 1,000
    FLORESTA INC RD
    56 CALLE RAFAEL RAMOS
    SANTO DOMINGO    
    DR     		  NC AGRICULTURE EDUCATION/RURAL FARMING COMMUNITIES 27,000
    DAUGHTERS FOR LIFE
    20 DE BOERS DR
    TORONTO    
    CA     		  NC WOMEN'S EDUCATION 10,000
    Total .................................bullet 3a 326,000
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 26,185  
    4 Dividends and interest from securities....     14 85,607  
    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 98,514  
    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).. 0 210,306 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    210,306
    (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:
    ADRIAN FAMILY FOUNDATION
    EIN:
    33-0783199
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 11,805 2,000   9,805

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

    TY 2020 ExpenditureResponsibilityStmt
    Name:
    ADRIAN FAMILY FOUNDATION
    EIN:
    33-0783199
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    THE DAUGHTERS FOR LIFE FOUNDATION
          		20 DE BOERS DR
    TORONTO,ONTARIOM3J 0H1
    CA     		2020-06-26 10,000 WOMEN'S EDUCATION 10,000   12/31/20 2020-12-31  
    FLORESTA INC RD
          		56 CALLE RAFAEL RAMOS
    SANTO DOMINGO    
    DR     		2020-06-11 27,000 REGENERATIVE AGRICULTURE/RURAL FARMING COMMUNITIES 27,000   12/31/20 2020-12-31  

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    ADRIAN FAMILY FOUNDATION
    EIN:
    33-0783199
    Name of Bond End of Year Book Value End of Year Fair Market Value
    BANK OF AMERICA 3.95%25 45,044 45,044
    APPLE INC. 1.125%25 82,146 82,146
    ORACLE CORP 2.95%25 43,746 43,746
    VISA INC. 3.15%25 50,443 50,443
    WELLS FARGO & CO 4.1%26 91,520 91,520
    CITIGROUP INC 3.2%26 44,590 44,590
    QUALCOMM INC 3.25%27 45,306 45,306
    BIOGEN INC. 2.25%30 41,587 41,587

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    ADRIAN FAMILY FOUNDATION
    EIN:
    33-0783199
    Name of Stock End of Year Book Value End of Year Fair Market Value
    A A O N INC 1,531 1,531
    A A R CORP 470 470
    AAC TECH HLDGS INC F 2,257 2,257
    ABB LTD F 17,642 17,642
    ABBVIE INC 26,894 26,894
    ACTIVISION BLIZZARD 5,941 5,941
    ADOBE INC 23,005 23,005
    AGILENT TECHNOLOGIES 8,056 8,056
    AIR LEASE CORP 2,755 2,755
    AIRBUS GROUP F 14,315 14,315
    AKAMAI TECHNOLOGIES INC 4,200 4,200
    AKZO NOBEL N V IAM COM F 16,298 16,298
    ALARM COM HLDGS INC SH 2,690 2,690
    ALBEMARLE CORP 4,278 4,278
    ALIBABA GROUP HOLDING F 10,938 10,938
    ALLEGIANT TRAVEL CO 1,703 1,703
    ALPHABET INC. 45,549 45,549
    AMADEUS IT GROUP S A F 14,126 14,126
    AMAZON.COM INC 45,597 45,597
    AMERICA MOVIL SAB F 4,696 4,696
    AMERICAN INTL GROUP 28,168 28,168
    AMERIPRISE FINL 20,599 20,599
    AMERISOURCEBERGEN CORP 2,640 2,640
    AMERN EQTY INVT LIFE 1,079 1,079
    AMGEN INC. 29,890 29,890
    ANGLO AMERICAN PLC F 3,612 3,612
    ANHUI CONCH CEMENT F 3,873 3,873
    ANSYS INC 7,640 7,640
    APPLIED MATERIALS 6,990 6,990
    ARCELOR MITTAL NY F 5,221 5,221
    ARROW ELECTRONICS 4,184 4,184
    ASM PACIFIC TECH F 4,576 4,576
    ASTRAZENECA PLC F 9,948 9,948
    ATLAS CORP F 14,471 14,471
    AUTODESK INC 58,015 58,015
    AVISTA CORP 883 883
    AXA SA F 16,861 16,861
    AXOS FINL INC 863 863
    BAIDU INC F 16,218 16,218
    BALCHEM CORP 1,728 1,728
    BANCO BILBAO VIZCAYA A F 17,369 17,369
    BANCO DO BRASIL S A F 4,614 4,614
    BARCLAYS PLC F 14,518 14,518
    BARNES GROUP INC 811 811
    BASF SE F 22,278 22,278
    BAYER AG F 8,073 8,073
    BB SEGURIDADE PARTICIP F 3,069 3,069
    BIDVEST GRP LTD F 2,771 2,771
    BIO-RAD LABS INC 8,161 8,161
    BIO-TECHNE CORP 2,858 2,858
    BLACK HILLS CORP 983 983
    BLACK KNIGHT INC 4,859 4,859
    BLACKBAUD INC 691 691
    BLACKLINE INC 2,534 2,534
    BNP PARIBAS MEDIUM TER F 15,381 15,381
    BOTTOMLINE TECH 1,266 1,266
    BP PLC F 7,818 7,818
    BRIGHT HORIZON FAM 2,422 2,422
    BRIT AMER TOBACCO F 16,308 16,308
    BROOKS AUTOMATION 407 407
    BROWN FORMAN CORP 20,890 20,890
    C V B FINL CORP 917 917
    CACTUS INC 1,017 1,017
    CAIXABANK F 13,012 13,012
    CANTEL MEDICAL CORP 867 867
    CARDINAL HEALTH INC 17,782 17,782
    CARREFOUR SA F 9,518 9,518
    CBRE GROUP INC 5,519 5,519
    CERENCE INC 1,105 1,105
    CHAMPIONX CORP 1,025 1,025
    CHEESECAKE FACTORY 1,112 1,112
    CHEVRON CORP 15,623 15,623
    CHINA CONSTR BANK F 3,455 3,455
    CHINA MERCHANTS BK F 4,003 4,003
    CHINA MOBILE LTD F 1,199 1,199
    CHINA SHENHUA ENRGY F 2,517 2,517
    CHUBB LTD F 21,549 21,549
    CIMAREX ENERGY CO 2,738 2,738
    CINTAS CORP 36,760 36,760
    CISCO SYSTEMS INC 19,064 19,064
    CITIGROUP INC 15,477 15,477
    CMC MATLS INC 3,783 3,783
    CME GROUP INC 13,290 13,290
    CNOOC LIMITED F 1,741 1,741
    COLUMBIA BANKING SYS 1,580 1,580
    COMCAST CORP 25,571 25,571
    COMMERCIAL INTERNTNL B F 1,740 1,740
    COMMVAULT SYSTEMS 1,716 1,716
    COMPAGNIE FINANCIERE R F 17,361 17,361
    COMPASS GROUP F 7,867 7,867
    CONOCOPHILLIPS 25,474 25,474
    CONTINENTAL RESOURCE 2,021 2,021
    CORTEVA INC 22,187 22,187
    COSTCO WHOLESALE CO 14,694 14,694
    CREDIT SUISSE GROUP AG F 1,510 1,510
    CSX CORP 4,175 4,175
    CUMMINS INC 22,029 22,029
    D R HORTON CO 9,787 9,787
    DANAHER CORP 23,547 23,547
    DANONE F 12,812 12,812
    DARDEN RESTAURANTS 9,053 9,053
    DENNYS CORP 1,380 1,380
    DENTSPLY SIRONA INC 3,560 3,560
    DESCARTES SYS GROUP F 1,815 1,815
    DEUTSCHE POST AG F 1,445 1,445
    DEXCOM INC 20,704 20,704
    DIODES INC 2,538 2,538
    DONALDSON CO 894 894
    DORMAN PRODUCTS INC 1,042 1,042
    DOVER CORP 3,535 3,535
    DYCOM INDUSTRIES INC 1,661 1,661
    EAGLE MATERIALS INC 1,216 1,216
    EAGLE PHARMACEUTICAL 931 931
    EASTMAN CHEMICAL CO 5,014 5,014
    EATON VANCE CO 4,076 4,076
    EDWARDS LIFESCIENCES 22,534 22,534
    ELECTRONIC ARTS INC 28,289 28,289
    ENEL-SOCIETA PER AZION F 13,236 13,236
    ENGIE BRASIL ENERGIA S F 2,060 2,060
    ENN ENERGY HOLDINGS F 2,591 2,591
    ENPRO INDUSTRIES INC 1,661 1,661
    ENVESTNET INC 2,140 2,140
    EPLUS INC 1,231 1,231
    EQUINOR A S A F 20,624 20,624
    ESCO TECHNOLOGIES 1,755 1,755
    ESTEE LAUDER CO INC 23,159 23,159
    EVO PMTS INC 1,269 1,269
    EXLSERVICE HOLDINGS 1,532 1,532
    EXPONENT INC 2,611 2,611
    F N B CORP PA 1,074 1,074
    FAIR ISAAC INTL CORP 3,066 3,066
    FANUC LTD JAPAN F 14,197 14,197
    FERRO CORP 1,258 1,258
    FIRST AMER FINL 15,592 15,592
    FIRST FINL BANCORP 877 877
    FIRST INDUSTRIAL RLT 927 927
    FIRST MIDWEST BANCRP 1,130 1,130
    FORTIVE CORP DISC 20,184 20,184
    FOX FACTORY HOLDING 2,643 2,643
    FRESH DEL MONTE PROD F 1,035 1,035
    G III APPAREL GROUP 1,092 1,092
    GALP ENERGIA SGPS SA F 2,347 2,347
    GATX CORP 2,911 2,911
    GENERAL DYNAMICS CO 2,381 2,381
    GENPACT LIMITED F 15,345 15,345
    GENUINE PARTS CO 15,265 15,265
    GLATFELTER 1,474 1,474
    GLOBAL PAYMENTS INC 6,893 6,893
    GLOBUS MEDICAL INC 1,435 1,435
    GRUPO FINANCIERO BANOR F 8,221 8,221
    HARSCO CORP 1,295 1,295
    HEALTHEQUITY INC 1,324 1,324
    HENGAN INTL GROUP F 3,733 3,733
    HOULIHAN LOKEY INC 5,580 5,580
    HUB GROUP INC 1,197 1,197
    INDEPENDENT BK GROUP 1,438 1,438
    INFINEON TECH AG F 16,075 16,075
    INFOSYS LTD F 7,780 7,780
    ING GROEP ADR REP 1 OR F 21,419 21,419
    INGREDION INC 15,341 15,341
    INPHI CORP 1,444 1,444
    INTERCONTINENTAL EXC 6,687 6,687
    INTERNTNL CONS AIRLS G F 4,761 4,761
    INTUIT INC 45,202 45,202
    INTUITIVE SURGICAL 51,540 51,540
    ITT INC 2,619 2,619
    I3 VERTICALS INC 1,062 1,062
    J & J SNACK FOOD COR 1,554 1,554
    JACK IN THE BOX INC 2,134 2,134
    JELD WEN HOLDING INC 609 609
    KASIKORNBANK PUB CO LT F 2,568 2,568
    KB FINL GROUP INC F 3,524 3,524
    KEMPER CORP 1,229 1,229
    KEYCORP INC 3,528 3,528
    KEYSIGHT TECH INC 6,340 6,340
    KIMBERLY CLARK DE MX F 1,824 1,824
    KINDER MORGAN INC 12,713 12,713
    KINSALE CAPITAL GROUP IN 3,002 3,002
    KNOLL INC 778 778
    KONINKLIJKE PHILIPS N F 11,863 11,863
    KONTOOR BRANDS INC 18,658 18,658
    KORN FERRY 1,262 1,262
    L H C GROUP 2,133 2,133
    LAB CO OF AMER HLDG 4,682 4,682
    LEAR CORP 15,267 15,267
    LEMAITRE VASCULAR 851 851
    LIFE HEALTHCARE GROUP F 1,866 1,866
    LULULEMON ATHLETICA 15,313 15,313
    L3HARRIS TECHNOLOGIES IN 16,445 16,445
    MARTEN TRANSPORT LTD 1,327 1,327
    MASCO CORP 4,724 4,724
    MASIMO CORP 2,684 2,684
    MASTERCARD INC 46,045 46,045
    MATCH GROUP INC NEW 34,169 34,169
    MC GRATH RENTCORP 1,275 1,275
    MEDTRONIC PLC F 19,445 19,445
    MERCK & CO. INC. 25,358 25,358
    METLIFE INC 21,503 21,503
    MICROSOFT CORP 49,155 49,155
    MINERALS TECH INC 1,491 1,491
    MOBILE TELESYSTEMS PJS F 2,264 2,264
    MOLSON COORS BEVERAGE CL 15,817 15,817
    MONDELEZ INTL 11,694 11,694
    MONDI PLC F 2,252 2,252
    MONOLITHIC POWER SYS 2,564 2,564
    MOOG INC 1,427 1,427
    MORGAN STANLEY 13,021 13,021
    MUELLER INDS INC 1,684 1,684
    MURATA MFG CO LTD F 18,283 18,283
    NEDBANK GROUP LTD F 2,428 2,428
    NEOGEN CORP 1,507 1,507
    NETAPP INC 25,171 25,171
    NORTHERN TRUST CORP 10,432 10,432
    NORTHWESTERN CORP 1,749 1,749
    NOVANTA INC F 1,537 1,537
    NOVARTIS AG F 22,285 22,285
    NUTRIEN LTD F 25,188 25,188
    NXP SEMICONDUCTORS F 19,558 19,558
    O G E ENERGY CP HLDG 15,261 15,261
    OIL CO LUKOIL PJSC F 3,746 3,746
    OLLIES BARGAIN OUTLET HO 1,390 1,390
    OMNICELL INC 2,400 2,400
    OXFORD INDS INC F 524 524
    PACIFIC PREMIER BANC 2,287 2,287
    PACKAGING CORP OF AM 5,378 5,378
    PALOMAR HLDGS INC 711 711
    PARKER-HANNIFIN CORP 10,352 10,352
    PARSONS CORP 1,456 1,456
    PATTERSON COMPANIES 1,689 1,689
    PAYPAL HOLDINGS INCORPOR 41,922 41,922
    PDC ENERGY INC 493 493
    PEPSICO INC 17,055 17,055
    PERFICIENT INC 572 572
    PERNOD RICARD S A F 7,248 7,248
    PETIQ INC 1,192 1,192
    PHIBRO ANIMAL HEALTH 621 621
    PHILLIPS 66 22,870 22,870
    PING AN INSURNCE GP F 3,161 3,161
    PLEXUS CORP 1,642 1,642
    PNM RES INC 1,359 1,359
    PRA GROUP INC 1,983 1,983
    PROGRESS SOFTWARE CO 1,311 1,311
    PROGRESSIVE CO OHIO 5,537 5,537
    PROSPERITY BANCSHARE 17,895 17,895
    PROTO LABS INC 1,534 1,534
    PRUDENTIAL PLC F 10,562 10,562
    PT ASTRA INTL TBK F 2,387 2,387
    PT BK MANDIRI PRSRO F 4,584 4,584
    Q2 HOLDINGS INC 1,898 1,898
    R B C BEARINGS INC 1,969 1,969
    RADIAN GROUP INC 10,834 10,834
    RAYMOND JAMES FINL 3,922 3,922
    RAYTHEON TECHNOLOGIES CO 17,305 17,305
    REINSURANCE GP AMER 3,129 3,129
    RENAISSANCERE HLDGS F 2,653 2,653
    RENASANT CORP 1,179 1,179
    REPUBLIC SERVICES 8,571 8,571
    RETAIL VALUE INC 5 5
    RIO TINTO PLC F 16,925 16,925
    ROCHE HLDG AG F 16,484 16,484
    ROGERS CORP 1,087 1,087
    ROLLS-ROYCE HOLDINGS P F 19,755 19,755
    ROPER TECHNOLOGIES 35,780 35,780
    RUSH ENTERPRISES 2,030 2,030
    RWE AG ORD F 11,629 11,629
    RYANAIR HLDGS PLC F 12,648 12,648
    S B A COMMUNICATIONS 26,802 26,802
    SAIA INC 2,712 2,712
    SANDERSON FARMS INC 1,454 1,454
    SANDS CHINA LTD F 7,723 7,723
    SANDY SPRING BANCORP 1,255 1,255
    SANLAM LTD F 1,528 1,528
    SANOFI S A F 17,687 17,687
    SAP SE F 11,735 11,735
    SBERBANK RUSSIA F 4,174 4,174
    SCOTTS MIRACLE GRO CO 7,169 7,169
    SEALED AIR CORP 4,304 4,304
    SELECTIVE INS GROUP 2,076 2,076
    SENSATA TECH F 6,012 6,012
    SERVICE NOW INC 23,118 23,118
    SHERWIN WILLIAMS CO 38,215 38,215
    SHINHAN FINL GROUP CO F 3,333 3,333
    SHOPIFY INC F 32,827 32,827
    SHOPRITE HOLDINGS LTD F 1,012 1,012
    SIEMENS A G F 18,737 18,737
    SINOPHARM GROUP CO F 3,433 3,433
    SITEONE LANDSCAPE SUPPLY 1,745 1,745
    SKYWORKS SOLUTIONS 7,032 7,032
    SNAP ON INC 3,594 3,594
    SOUTH ST CORP 1,591 1,591
    SOUTHWEST GAS HOLDINGS I 1,154 1,154
    STAAR SURGICAL CO 2,139 2,139
    STANDARD BK GROUP F 1,953 1,953
    STERICYCLE INC 4,576 4,576
    STIFEL FINL CO 3,986 3,986
    SUMITOMO MITSUI FINL F 9,724 9,724
    SYNEOS HEALTH INC 3,407 3,407
    SYNOPSYS INC 8,814 8,814
    SYSCO CORP 3,713 3,713
    TABULA RASA HEALTHCARE I 1,028 1,028
    TACTILE SYSTEMS TECHNOLO 1,528 1,528
    TAIWAN SEMICONDUCTR F 6,979 6,979
    TAKEDA PHARMA CO F 21,221 21,221
    TARGET CORP 25,950 25,950
    TE CONNECTIVITY LTD F 21,550 21,550
    TELEKOMINIK INDONESIA F 3,646 3,646
    TERNIUM S A F 1,396 1,396
    TEXAS CAPITAL BANCSH 595 595
    TEXAS INSTRUMENTS 14,443 14,443
    TEXAS ROADHOUSE 1,485 1,485
    THERMO FISHER SCNTFC 43,318 43,318
    TJX COMPANIES INC 5,053 5,053
    TOTAL SE F 12,112 12,112
    TOWNEBANK PORTSMOUTH VA 1,174 1,174
    TREX CO INC 2,428 2,428
    TRI POINTE GROUP INC 1,208 1,208
    TRIMAS CORP 1,393 1,393
    TRUEBLUE INC 1,084 1,084
    TYLER TECHNOLOGIES 1,310 1,310
    U M B FINL CORP 1,380 1,380
    UMPQUA HOLDINGS CORP 1,166 1,166
    UNICREDIT SPA F 22,260 22,260
    UNIFIRST CORP 1,694 1,694
    UNILEVER PLC F 5,553 5,553
    UNION PACIFIC CORP 18,740 18,740
    UNITED BANKSHRS INC 745 745
    UNITED COMMUNITY BKS 1,621 1,621
    UNITED PARCEL SRVC 13,809 13,809
    VALEO F 6,350 6,350
    VEREIT INC 14,587 14,587
    VERIZON COMMUNICATN 22,971 22,971
    VIATRIS INC 10,569 10,569
    VICI PROPERTIES INC 15,377 15,377
    VINCI S A F 11,164 11,164
    VOCERA COMMUNICATION 1,952 1,952
    VODACOM GROUP LIMITED F 1,533 1,533
    VOLKSWAGEN A G F 33,756 33,756
    VOLVO AB F 7,776 7,776
    W E C ENERGY GROUP INC 6,074 6,074
    WALMART INC 15,424 15,424
    WD-40 CO 1,063 1,063
    WEICHAI POWER CO LTD F 3,537 3,537
    WESTROCK CO 11,710 11,710
    WOLVERINE WORLD WIDE 1,031 1,031
    WOODWARD INC 6,563 6,563
    XILINX INC 10,207 10,207
    ZOETIS INC 41,210 41,210
    ZURICH INSURANCE GROUP F 15,537 15,537
    3M CO 9,439 9,439

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    ADRIAN FAMILY FOUNDATION
    EIN:
    33-0783199
    US Government Securities - End of Year Book Value:

    1,185,552
    US Government Securities - End of Year Fair Market Value:

    1,185,552
    State & Local Government Securities - End of Year Book Value:


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


    0


    TY 2020 InvestmentsOtherSchedule2
    Name:
    ADRIAN FAMILY FOUNDATION
    EIN:
    33-0783199
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    EATON VANCE GLBL MACR AB FMV 81,011 81,011
    GUGGENHEIM MACRO OPPORTU FMV 81,802 81,802
    HARTFORD FLOATING RATE I FMV 81,939 81,939
    TCW EMERGING MARKETS INC FMV 82,179 82,179
    AMERICOLD REALTY TRUST FMV 4,069 4,069
    BOSTON PROPERTIES FMV 2,458 2,458
    HLTHCARE REALTY TR FMV 1,362 1,362
    KITE REALTY GRP TR FMV 539 539
    PEBBLEBROOK HOTEL TR FMV 940 940
    PIEDMONT OFFICE REAL FMV 1,152 1,152
    PS BUSINESS PARKS FMV 1,594 1,594
    STAG INDUSTRIAL INC FMV 1,441 1,441
    WEYERHAEUSER CO FMV 11,803 11,803

    TY 2020 LegalFeesSchedule
    Name:
    ADRIAN FAMILY FOUNDATION
    EIN:
    33-0783199
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 4,714 707   4,007


    TY 2020 OtherExpensesSchedule
    Name:
    ADRIAN FAMILY FOUNDATION
    EIN:
    33-0783199
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE EXPENSES 12,745 0   12,745
    BANK FEES 4,081 0   4,081
    INSURANCE 942 0   942


    TY 2020 OtherIncreasesSchedule
    Name:
    ADRIAN FAMILY FOUNDATION
    EIN:
    33-0783199
    Description Amount
    UNREALIZED GAIN/LOSS 268,491


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    ADRIAN FAMILY FOUNDATION
    EIN:
    33-0783199
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTING FEES 47,107 47,107   0


    TY 2020 TaxesSchedule
    Name:
    ADRIAN FAMILY FOUNDATION
    EIN:
    33-0783199
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FILING FEES 85 0   85
    FOREIGN TAXES 3,774 3,774   0
    FEDERAL EXCISE TAX 11,000 0   0