Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
Westmeath Foundation
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

46-1350014
B Telephone number (see instructions)

(800) 839-1754
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$61,974,641J 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) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments 1,361 1,361  
4 Dividends and interest from securities... 1,400,000 1,400,000  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 0
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........ 1,401,361 1,401,361  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 15,000     15,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 4,970 0 0 4,970
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 32,141      
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 73,315 55   73,260
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 125,426 55 0 93,230
25 Contributions, gifts, grants paid....... 1,468,645 1,468,645
26 Total expenses and disbursements. Add lines 24 and 25 1,594,071 55 0 1,561,875
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -192,710
b Net investment income (if negative, enter -0-) 1,401,306
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......... 440,851 248,141 248,141
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).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 63,013,500 Click to see attachment63,013,500 61,726,500
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) 63,454,351 63,261,641 61,974,641
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 63,454,351 63,261,641
29 Total net assets or fund balances (see instructions)..... 63,454,351 63,261,641
30 Total liabilities and net assets/fund balances (see instructions). 63,454,351 63,261,641
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
63,454,351
2
Enter amount from Part I, line 27a .....................
2
-192,710
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
63,261,641
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
63,261,641
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.)
1a
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2  
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 19,478
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 19,478
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 19,478
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 16,101
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 3,800
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 19,901
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 66
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 10 357
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet357 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCO, DE
    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 Click to see attachment.............
    11
    Yes
     
    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 addressbullet  
    14
    The books are in care ofbulletFoundation Source Telephone no.bullet (800) 839-1754

    Located atbullet501 Silverside Road Suite 123WilmingtonDE ZIP+4bullet198091377
    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
    Wendy Bircher Dir, Sec
    1.0     		5,000 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Michael J Finney Dir, Pres
    8.0     		5,000 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Kathy L Kellenaers Dir, VP
    1.0     		5,000 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    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
     
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    Foundation Source Administrative 69,900
    55 Walls Drive 3rd Fl
    Fairfield,CT06824
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    0
    b
    Average of monthly cash balances.......................
    1b
    485,504
    c
    Fair market value of all other assets (see instructions)................
    1c
    61,726,500
    d
    Total (add lines 1a, b, and c).........................
    1d
    62,212,004
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    62,212,004
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    933,180
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    61,278,824
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    3,063,941
    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
    3,063,941
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    19,478
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    19,478
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    3,044,463
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    3,044,463
    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
    3,044,463
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    1,561,875
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,561,875
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,561,875
    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 3,044,463
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:2018, 2017, 2016  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 453,735
    b From 2016...... 1,013,453
    c From 2017...... 1,317,021
    d From 2018...... 869,892
    e From 2019...... 99,399
    fTotal of lines 3a through e........ 3,753,500
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 1,561,875
    a Applied to 2019, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2020 distributable amount..... 1,561,875
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 1,482,588 1,482,588
    (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 2,270,912
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		2,270,912
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017.... 1,301,621
    c Excess from 2018.... 869,892
    d Excess from 2019.... 99,399
    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
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    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
    A SANCTUARY FOR MILITARY FAMILIES INC DBA PROJECT
    PO BOX 1563
    GRANBY,CO80446     		N/A PC 6-day therapeutic retreat FUND and support services for Colorado military families 25,000
    ACTS CHRISTIAN ACADEMY
    2600 SULLIVAN AVE
    FARMINGTON,NM87401     		N/A PC COVID-19 Relief FUND to help front line families with tuition 2,000
    ALLIANCE FOR CHOICE IN EDUCATION
    1201 E COLAX AVE
    DENVER,CO80218     		N/A PC General & Unrestricted 3,000
    ANNIES ORPHANS
    1630 COUNTY RD 214
    DURANGO,CO81303     		N/A PC food and supply fund for the animals 1,000
    ANNIES ORPHANS
    1630 COUNTY RD 214
    DURANGO,CO81303     		N/A PC food and supply fund for the animals 1,000
    AZTEC BOYS AND GIRLS CLUB INC
    PO BOX 488
    AZTEC,NM87410     		N/A PC General & Unrestricted 7,500
    BIG BROTHERS BIG SISTERS OF SOUTHWEST COLORADO
    PO BOX 2154
    DURANGO,CO81302     		N/A PC General & Unrestricted 17,000
    BIG BROTHERS-BIG SISTERS OF CENTRAL NEW MEXICO - S
    308 N LOCKE AVE
    FARMINGTON,NM87401     		N/A PC General & Unrestricted 15,000
    BLUE STAR MOTHERS OF AMERICA INC
    PO BOX 917
    FLORA VISTA,NM87415     		N/A PC Warrior, Veteran & Gold Star Family Support Service fund 3,000
    BOYS & GIRLS CLUB OF BLOOMFIELD INC
    701 S 2ND ST
    BLOOMFIELD,NM87413     		N/A PC General & Unrestricted 7,500
    BOYS & GIRLS CLUB OF FARMINGTON
    1925 POSITIVE WAY
    FARMINGTON,NM87401     		N/A PC General & Unrestricted 15,000
    BOYS AND GIRLS CLUB OF LA PLATA COUNTY INC
    2750 MAIN AVE
    DURANGO,CO81301     		N/A PC General & Unrestricted 15,000
    CHILDHAVEN INC
    807 W APACHE ST
    FARMINGTON,NM87401     		N/A PC General & Unrestricted 37,500
    CHILDHAVEN INC
    807 W APACHE ST
    FARMINGTON,NM87401     		N/A PC covid-19 fund 5,000
    CHILDRENS HOSPITAL COLORADO
    13123 E 16TH AVE BOX 045
    AURORA,CO80045     		N/A PC PPSW Telehealth Support fund 148,883
    CHILDRENS HOSPITAL COLORADO
    13123 E 16TH AVE BOX 045
    AURORA,CO80045     		N/A PC Durango Derailers Medical Fund 5,000
    COLORADO 4-H FOUNDATION INC - LA PLATA COUNTY 4-H
    2500 MAIN AVE
    DURANGO,CO81301     		N/A PC General & Unrestricted 30,000
    COLORADO 4H FOUNDATION INC
    4040 CAMPUS DELIVERY
    FORT COLLINS,CO80523     		N/A PC General & Unrestricted 15,000
    COMMUNITY CONNECTIONS INC
    281 SAWYER DR STE 200
    DURANGO,CO81303     		N/A PC benefit fund for kids 1,000
    COMMUNITY FOUNDATION SERVING SOUTHWEST COLORADO
    SERVING SW COLORADO 1309 E 3
    DURANGO,CO81301     		N/A PC CERF Fund 10,000
    COMMUNITY FOUNDATION SERVING SOUTHWEST COLORADO
    SERVING SW COLORADO 1309 E 3
    DURANGO,CO81301     		N/A PC COVID-19 Relief Fund 10,000
    DENVER EARTH RESOURCES LIBRARY
    730 17TH ST
    DENVER,CO80202     		N/A PC General & Unrestricted 37,500
    DISABLED SPORTS USA - ADAPTIVE SPORTS ASSOCIATION
    125 E 32ND ST
    DURANGO,CO81301     		N/A PC Organizational Support fund 35,000
    DISABLED SPORTS USA - ADAPTIVE SPORTS ASSOCIATION
    125 E 32ND ST
    DURANGO,CO81301     		N/A PC ASA Headquarters- Summer Program and Administrative fund 200,000
    DURANGO DEVO
    10 TOWN PLZ 110
    DURANGO,CO81301     		N/A PC scholarship fund and to purchase equipment for kids that can't afford the program 1,000
    DURANGO FOOD BANK
    PO BOX 156
    DURANGO,CO81302     		N/A PC COVID-19 food fund 4,000
    DURANGO SCHOOL DISTRICT NO 9-R
    201 EAST 12TH ST
    DURANGO,CO81301     		N/A GOV to purchase equipment for special needs kids 2,000
    ECONOMIC COUNCIL HELPING OTHERS INC
    1921 E MURRAY DR
    FARMINGTON,NM87401     		N/A PC fund for Food Bank, Diaper Kits and Hygiene Kits during this time of crisis to benefit children and families 10,000
    ECONOMIC COUNCIL HELPING OTHERS INC
    1921 E MURRAY DR
    FARMINGTON,NM87401     		N/A PC Farmington Food Bank Program 10,000
    EDGEWATER COLLECTIVE
    2483 OTIS CT
    EDGEWATER,CO80214     		N/A PC Pathway Pods program 1,000
    FAMILY CRISIS CENTER
    208 E APACHE ST
    FARMINGTON,NM87401     		N/A PC Marge's Place Protective Shelter program 7,000
    FAMILY CRISIS CENTER
    208 E APACHE ST
    FARMINGTON,NM87401     		N/A PC covid-19 fund 5,000
    FAMILY CRISIS CENTER
    208 E APACHE ST
    FARMINGTON,NM87401     		N/A PC Marge's Place Protective Shelter for child victim/ witnesses, victims and pets experiencing domestic violence 20,000
    FAMILY HOMESTEAD
    PO BOX 40186
    DENVER,CO80204     		N/A PC Transitional Housing for Homeless Families with Children 20,000
    FIRST PRESBYTERIAN CHURCH
    865 N DUSTIN AVE
    FARMINGTON,NM87401     		N/A PC food bank program to help with Covid-19 3,000
    FORT LEWIS COLLEGE FOUNDATION
    1000 RIM DR
    DURANGO,CO81301     		N/A PC Westmeath Foundation Scholarship fund 7,000
    FOUR CORNERS EQUINE RESCUE
    22 RD 3334
    AZTEC,NM87410     		N/A PC Purchase Feed program 37,500
    FOUR CORNERS FOUNDATION INC
    PO BOX 5160
    FARMINGTON,NM87499     		N/A PC Partner Support Program 5,000
    FRIENDS OF THE SILVERTON PUBLIC LIBRARY INCORPORAT
    PO BOX 232
    SILVERTON,CO81433     		N/A PC kids books/programs 500
    GRACE PLACE FOR WOMEN INC
    4801 N BUTLER AVE STE 3102
    FARMINGTON,NM87401     		N/A PC General & Unrestricted 1,000
    HERITAGE FOUNDATION
    214 MASSACHUSETTS AVE NE
    WASHINGTON,DC20002     		N/A PC General & Unrestricted 15,000
    HILLSDALE COLLEGE
    33 E COLLEGE ST
    HILLSDALE,MI49242     		N/A PC General & Unrestricted 22,500
    HUMANE SOCIETY OF THE FOUR CORNERS
    PO BOX 1420
    AZTEC,NM87410     		N/A PC supplies and food fund for the Aztec Animal Shelter 1,000
    HUMANE SOCIETY OF THE FOUR CORNERS
    PO BOX 1420
    AZTEC,NM87410     		N/A PC supplies and food fund for the Aztec Animal Shelter 1,000
    I Lucero
    2012 Eastlawn Avenue
    Durango,CO81301     		none I Hardship Assistance Grant 5,000
    IGW CHILDRENS HOPE FOUNDATION INC
    1503 SCHOFIELD LN
    FARMINGTON,NM87401     		N/A PC General & Unrestricted 3,500
    IGW CHILDRENS HOPE FOUNDATION INC
    1503 SCHOFIELD LN
    FARMINGTON,NM87401     		N/A PC Family Care and Support Services fund 50,000
    INSPIRE HEART INC
    4020 CEDAR DR
    FARMINGTON,NM87402     		N/A PC Art Journaling Project 7,500
    ITS MY VERY OWN BAGS OF LOVE SAN JUAN CHAPTER
    7320 TUSCANY WAY
    FARMINGTON,NM87402     		N/A PC COVID-19 assistance fund 2,000
    ITS MY VERY OWN BAGS OF LOVE SAN JUAN CHAPTER
    7320 TUSCANY WAY
    FARMINGTON,NM87402     		N/A PC General & Unrestricted 12,000
    KIWANIS CLUB OF FARMINGTON RIO DEL SOL FOUNDATION
    PO BOX 843
    FARMINGTON,NM87499     		N/A PC annual clothing program for children 2,000
    KNOW THE SNOW
    1467 COUNTY RD 303
    DURANGO,CO81303     		N/A PC Peter Carver & Joe Philpott Scholarship Fund 3,000
    KNOW YOUR DOUGH
    3710 MAIN AVE STE 101
    DURANGO,CO81301     		N/A PC Financial Literacy Program Enhancement and ExpansiON 4,000
    LA PLATA COUNTY HUMANE SOCIETY
    1111 S CAMINO DEL RIO
    DURANGO,CO81303     		N/A PC food and supplY FUND for the shelter 2,000
    LA PLATA COUNTY HUMANE SOCIETY
    1111 S CAMINO DEL RIO
    DURANGO,CO81303     		N/A PC food and supplY FUND for the shelter 2,000
    LA PLATA YOUTH SERVICES INC
    2490 MAIN AVE
    DURANGO,CO81301     		N/A PC General Operating FUND 30,000
    LIBERTY SCHOOL INC
    3107 WESTERN AVE
    DURANGO,CO81301     		N/A PC Scholarship FUND 15,000
    LISA PARKERS PUPPIES
    PO BOX 4438
    DURANGO,CO81302     		N/A PC food and supplY FUND for animals 2,000
    LOCAL FIRST FOUNDATION
    PO BOX 2058
    DURANGO,CO81302     		N/A PC Feed the Front Line for Durango Program 3,000
    MANNA-THE DURANGO SOUP KITCHEN
    PO BOX 1196
    DURANGO,CO81302     		N/A PC kids lunch prograM 1,000
    MANNA-THE DURANGO SOUP KITCHEN
    PO BOX 1196
    DURANGO,CO81302     		N/A PC PACK THE PANTRY pROGRAM 2,500
    MINDS MATTER
    PO BOX 48162
    DENVER,CO80204     		N/A PC Minds Matter College Access Mentoring Program 15,000
    MINDS MATTER
    PO BOX 48162
    DENVER,CO80204     		N/A PC General & Unrestricted 2,000
    MONTROSE REGIONAL LIBRARY DISTRICT
    302 S 2ND ST
    MONTROSE,CO81401     		N/A GOV Naturita library FUND 3,000
    MONTROSE REGIONAL LIBRARY DISTRICT
    302 S 2ND ST
    MONTROSE,CO81401     		N/A GOV Student/Preschool Activity Bags PROGRAM 6,000
    NEW MEXICO STATE UNIVERSITY FOUNDATION INC
    PO BOX 3590
    LAS CRUCES,NM88003     		N/A PC Innoventure in Farmington, NM 4,500
    PARADOX VALLEY SCHOOL
    PO BOX 420
    PARADOX,CO81429     		N/A PC PVS After School Programs 5,000
    PEACHS NEET FEET
    3105 MUNICIPAL DR
    FARMINGTON,NM87401     		N/A PC Peach's Neet Feet (Hustle Kindness) program 13,000
    PEACHS NEET FEET
    3105 MUNICIPAL DR
    FARMINGTON,NM87401     		N/A PC Farmington COVID-19 needs Program 5,000
    PEACHS NEET FEET
    3105 MUNICIPAL DR
    FARMINGTON,NM87401     		N/A PC General & Unrestricted 1,000
    PEOPLE ASSISTING THE HOMELESS INC
    520 HYDRO PLANT RD
    FARMINGTON,NM87401     		N/A PC PATH Shelter and Housing Program 25,000
    PEOPLE ASSISTING THE HOMELESS INC
    520 HYDRO PLANT RD
    FARMINGTON,NM87401     		N/A PC COVID-19 assistance fund 5,000
    PINON HILLS COMMUNITY CHURCH
    5101 N DUSTIN AVE
    FARMINGTON,NM87401     		N/A PC General & Unrestricted 3,000
    PRESBYTERIAN MEDICAL SERVICES
    1422 PASEO DE PERALTA
    SANTA FE,NM87501     		N/A PC covid-19 funds for Farmington, New Mexico facility 5,000
    PRESBYTERIAN MEDICAL SERVICES
    1422 PASEO DE PERALTA
    SANTA FE,NM87501     		N/A PC Yes You Can program 5,000
    PURGATORY SKI TEAM
    PO BOX 4104
    DURANGO,CO81302     		N/A PC fund to help kids that can't afford the full cost of the program 1,000
    REGIONAL ANIMAL SHELTER FOUNDATION INC
    PO BOX 692
    FARMINGTON,NM87499     		N/A PC food and supply funds for animals, including giving pet food to people in need 2,000
    REGIONAL ANIMAL SHELTER FOUNDATION INC
    PO BOX 692
    FARMINGTON,NM87499     		N/A PC General & Unrestricted 19,000
    RIO GRANDE COMMUNITY DEVELOPMENT CORPORATION
    318 ISLETA BLVD SW
    ALBUQUERQUE,NM87105     		N/A PC Camp Enchantment New Mexico 25,000
    RONALD MCDONALD HOUSE CHARITIES OF NEW MEXICO
    1011 YALE BLVD NE
    ALBUQUERQUE,NM87106     		N/A PC General & Unrestricted 1,000
    SALVATION ARMY
    319 W BROADWAY
    FARMINGTON,NM87401     		N/A PC Farmington COVID-19 needs Program 5,000
    SALVATION ARMY
    319 W BROADWAY
    FARMINGTON,NM87401     		N/A PC Charitable Event 3,000
    SALVATION ARMY
    319 W BROADWAY
    FARMINGTON,NM87401     		N/A PC COVID-19 assistance fund 5,000
    SAMARITANS PURSE
    PO BOX 3000
    BOONE,NC28607     		N/A PC Operation Heal our Patriots fund 3,000
    SAN JUAN CENTER FOR INDEPENDENCE INC
    1204 SAN JUAN BLVD
    FARMINGTON,NM87401     		N/A PC SJCI Youth Wellness program 10,000
    SAN JUAN COLLEGE FOUNDATION
    4601 COLLEGE BLVD
    FARMINGTON,NM87402     		N/A SO III FI fund to be used for hot spots for students 5,000
    SAN JUAN COLLEGE FOUNDATION
    4601 COLLEGE BLVD
    FARMINGTON,NM87402     		N/A SO III FI Makerlab PPE equipment manufacturing Program 10,000
    SAN JUAN COUNTY LIFE SKILLS FOUNDATION
    PO BOX 360
    KIRTLAND,NM87417     		N/A PC Life Skills Experience for Overall Wellness program 20,000
    SAN JUAN MEDICAL FOUNDATION INC
    PO BOX 110
    FARMINGTON,NM87499     		N/A PC medical staff fund for local restaurants 5,000
    SAN JUAN MEDICAL FOUNDATION INC
    PO BOX 110
    FARMINGTON,NM87499     		N/A PC COVID-19 fund 5,000
    SAN JUAN MEDICAL FOUNDATION INC
    PO BOX 110
    FARMINGTON,NM87499     		N/A PC Audiology Equipment for Newborn testing program 19,998
    SAN MIGUEL COUNTY
    PO BOX 486
    NORWOOD,CO81423     		N/A GOV 2020 San Miguel Basin Fair 5,000
    SAN MIGUEL RESOURCE CENTER
    PO BOX 3243
    TELLURIDE,CO81435     		N/A PC West End Victim Services and Youth Prevention Education program 10,000
    SAN MIGUEL RESOURCE CENTER
    PO BOX 3243
    TELLURIDE,CO81435     		N/A PC West End Fund 3,000
    SEXUAL ASSAULT SERVICES OF NORTHWEST NEW MEXICO IN
    622 W MAPLE ST STE F
    FARMINGTON,NM87401     		N/A PC fund to help where younger children can be helped the most 3,000
    SEXUAL ASSAULT SERVICES OF NORTHWEST NEW MEXICO IN
    622 W MAPLE ST STE F
    FARMINGTON,NM87401     		N/A PC General & Unrestricted 7,500
    SEXUAL ASSAULT SERVICES ORGANIZATION
    PO BOX 2723
    DURANGO,CO81302     		N/A PC fund to help where younger children can be helped the most 3,000
    SHRINERS HOSPITALS FOR CHILDREN
    2900 N ROCKY POINT DRIVE
    TAMPA,FL33607     		N/A PC General & Unrestricted 15,000
    SILVERTON ELEMENTARY SCHOOL
    P O BOX 128
    SILVERTON,CO81433     		N/A GOV STEM program 500
    SPECIAL OLYMPICS NEW MEXICO INC
    6600 PALOMAS AVE NE STE 207
    ALBUQUERQUE,NM87109     		N/A PC Special Olympics New Mexico Area 1 program 25,000
    SPECIAL OLYMPICS NEW MEXICO INC
    6600 PALOMAS AVE NE STE 207
    ALBUQUERQUE,NM87109     		N/A PC Special Olympics New Mexico Area 1 program 2,500
    SPRING CREEK HORSE RESCUE
    2888 COUNTY RD 234
    DURANGO,CO81301     		N/A PC General & Unrestricted 19,000
    ST JUDE CHILDRENS RESEARCH HOSPITAL INC
    501 ST JUDE PL
    MEMPHIS,TN38105     		N/A PC General & Unrestricted 15,000
    TELLURIDE ADAPTIVE SKI PROGRAM
    PO BOX 2254
    TELLURIDE,CO81435     		N/A PC General Operating Funding 30,000
    TELLURIDE FOUNDATION
    PO BOX 4222
    TELLURIDE,CO81435     		N/A PC West End food assistance fund 10,000
    THE NEW MEXICO 4-H YOUTH DEVELOPMENT FOUNDATION
    PO BOX 30003 MSC 3AE
    LAS CRUCES,NM88003     		N/A PC San Juan County 4-H Youth Development Program 30,000
    THE POWERHOUSE
    1333 CAMINO DEL RIO
    DURANGO,CO81301     		N/A PC Makerlab COVID-19 PPE project 5,000
    THE POWERHOUSE
    1333 CAMINO DEL RIO
    DURANGO,CO81301     		N/A PC Makerlab COVID-19 PPE project 5,000
    THE POWERHOUSE
    1333 CAMINO DEL RIO
    DURANGO,CO81301     		N/A PC Makerlab COVID-19 PPE project 20,000
    UNIVERSITY OF NEW MEXICO FOUNDATION INCORPORATED
    700 LOMAS BLVD NE STE 108
    ALBUQUERQUE,NM87102     		N/A PC UNMCH Genetics and Metabolic Disorders Outreach Clinic fund 35,764
    V Dominguez
    PO Box 64
    Bayfield,CO81122     		none I Hardship Assistance Grant 5,000
    YAVAPAI REHABILITATION CENTER
    436 N WASHINGTON AVE
    PRESCOTT,AZ86301     		N/A PC General & Unrestricted 1,000
    YOUNG AMERICA'S FOUNDATION
    11480 COMMERCE PARK DR STE 600
    RESTON,VA20191     		N/A PC Reagan Ranch program 15,000
    Total .................................bullet 3a 1,468,645
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 1,361  
    4 Dividends and interest from securities....     14 1,400,000  
    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 ............     		         
    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)..   1,401,361  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,401,361
    (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

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    TY 2020 DepreciationSchedule
    Name:
    Westmeath Foundation
    EIN:
    46-1350014
    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

    TY 2020 GeneralExplanationAttachment
    Name:
    Westmeath Foundation
    EIN:
    46-1350014
    Identifier Return Reference Explanation
    PART VII-A, LINE 11A FORM 990-PF, PART VII-A, LINE 11A: EXPLANATION OF TRANSFER FROM CONTROLLED ENTITY THE ONLY CASH TRANSFER WAS AN $1,400,000 DIVIDEND PAYMENT FROM THE TRANSFEROR. THE TRANSFEROR IS NOT AN EXCESS BUILDING HOLDING OF THE FOUNDATION.

    TY 2020 InvestmentsOtherSchedule2
    Name:
    Westmeath Foundation
    EIN:
    46-1350014
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    RIGGS OIL & GAS CORP (CL B)   63,013,500 61,726,500

    TY 2020 LegalFeesSchedule
    Name:
    Westmeath Foundation
    EIN:
    46-1350014
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    General Consultations 4,970     4,970


    TY 2020 OtherExpensesSchedule
    Name:
    Westmeath Foundation
    EIN:
    46-1350014
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 69,900     69,900
    Bank Charges 55 55    
    Foundation Dues & Memberships 2,015     2,015
    Indemnification Insurance 750     750
    Office & Supplies 306     306
    Postage/Delivery Service 67     67
    State or Local Filing Fees 35     35
    Website Hosting/Support 187     187


    TY 2020 TaxesSchedule
    Name:
    Westmeath Foundation
    EIN:
    46-1350014
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2020 15,700      
    990-PF Extension for 2019 16,441      


    TY 2020 TransfersFrmControlledEntities
    Name:
    Westmeath Foundation
    EIN:
    46-1350014
    Name US /
    Foreign Address    		 EIN Description Amount
    Riggs Oil & Gas Corporation PO BOX 247
    HUMBOLDT,AZ863290247     		85-0200918 SEE GENERAL EXPLANATION 1,400,000
    Total     1,400,000