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
Beneventures Foundation Inc
 
% 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

26-3881255
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$5,468,205
J 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 495 495  
4 Dividends and interest from securities... 77,042 77,042  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 77,907
b Gross sales price for all assets on line 6a 1,797,874
7 Capital gain net income (from Part IV, line 2)... 77,907
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........ 155,444 155,444  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... 35,494 35,494    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 2,141 349    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 21,521 64   21,457
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 59,156 35,907   21,457
25 Contributions, gifts, grants paid....... 250,000 250,000
26 Total expenses and disbursements. Add lines 24 and 25 309,156 35,907   271,457
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -153,712
b Net investment income (if negative, enter -0-) 119,537
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......... 140,004 138,714 138,714
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) 704,244 Click to see attachment684,257 724,830
b Investments—corporate stock (attach schedule)....... 3,143,663 Click to see attachment2,941,563 3,785,736
c Investments—corporate bonds (attach schedule)....... 662,250 Click to see attachment726,335 767,927
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 49,775 Click to see attachment55,355 50,998
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) 4,699,936 4,546,224 5,468,205
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 4,699,936 4,546,224
29 Total net assets or fund balances (see instructions)..... 4,699,936 4,546,224
30 Total liabilities and net assets/fund balances (see instructions). 4,699,936 4,546,224
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
4,699,936
2
Enter amount from Part I, line 27a .....................
2
-153,712
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
4,546,224
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
4,546,224
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b)
How acquired
P—Purchase
D—Donation
(c)
Date acquired
(mo., day, yr.)
(d)
Date sold
(mo., day, yr.)
1 a Publicly-traded Securities      
b
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 1,797,874   1,719,967 77,907
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       77,907
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 77,907
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 1,662
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 1,662
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 1,662
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 1,083
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 620
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,703
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 41
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet41 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)
    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 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
     
     
    ........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
    Brian Kariger Pres, Trustee
    1.0
    0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Tania Russell Dir, Treas
    1.0
    0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Dallas Swendeman Dir, Sec
    1.0
    0 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
     
    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
    4,839,795
    b
    Average of monthly cash balances.......................
    1b
    164,879
    c
    Fair market value of all other assets (see instructions)................
    1c
    50,998
    d
    Total (add lines 1a, b, and c).........................
    1d
    5,055,672
    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
    5,055,672
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    75,835
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    4,979,837
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    248,992
    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
    248,992
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    1,662
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,662
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    247,330
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    247,330
    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
    247,330
    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
    271,457
    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
    271,457
    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
    271,457
    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 7 247,330
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 235,467
    b Total for prior years:2018, 2017, 2016  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 271,457
    a Applied to 2019, but not more than line 2a 235,467
    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..... 35,990
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    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 ..........
    211,340
    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 ......
    0
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020.... 0
    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).)
    Brian Kariger
    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
    AMERICAN CIVIL LIBERTIES UNION FOUNDATION INC
    125 BROAD ST 18TH FL
    NEW YORK,NY10004
    N/A PC General & Unrestricted 75,000
    LOS ANGELES REGIONAL FOOD BANK
    1734 E 41ST ST
    VERNON,CA90058
    N/A PC General & Unrestricted 100,000
    NAACP LEGAL DEFENSE AND EDUCATIONAL FUND INC
    40 RECTOR ST 5TH FL
    NEW YORK,NY10006
    N/A PC General & Unrestricted 75,000
    Total .................................bullet 3a 250,000
    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 ...........
        14 495  
    4 Dividends and interest from securities....     14 77,042  
    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 77,907  
    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)..   155,444  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    155,444
    (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


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    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

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    TY 2020 DepreciationSchedule
    Name:
    Beneventures Foundation Inc
    EIN:
    26-3881255
    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 InvestmentsCorpBondsSchedule
    Name:
    Beneventures Foundation Inc
    EIN:
    26-3881255
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ABBOTT LABS - 2.950% - 03/15/2 10,823 10,972
    ABBVIE INC - 2.900% - 11/06/20 10,006 10,461
    ALEXANDRIA REAL ESTATE - 4.900 6,289 6,363
    AMERICAN ELEC PWR INC - 1.000% 15,066 15,179
    AMERICAN EXPRESS CO - 2.500% - 10,096 10,668
    AMGEN INC NOTE - 2.650% - 05/1 10,126 10,300
    ANHEUSER-BUSCH - 3.650% - 02/0 10,859 11,301
    ANTHEM INC NOTE - 3.650% - 12/ 16,861 17,290
    AT&T INC - 4.125% - 02/17/2026 10,823 11,560
    AVONDALE ARIZ - 2.400% - 07/01 34,999 35,329
    BK OF AMERICA CORP MTN CALL MA 20,235 20,137
    BOSTON PPTYS LTD PARTNERSHIP N 5,440 5,451
    CATERPILLAR INC - 3.400% - 05/ 15,967 16,371
    CITIGROUP INC - 1.875% - 03/31 19,966 20,598
    COMCAST CORP - 3.150% - 03/01/ 29,912 33,494
    CVS HEALTH - 3.875% - 07/20/20 20,420 22,650
    DEERE JOHN CAP CORP - 3.650% - 21,327 21,834
    DISNEY WALT CO - 2.000% - 09/0 19,558 20,868
    DTE ELECTRIC CO - 3.375% - 05/ 30,967 33,133
    ECOLAB INC NOTE - 4.800% - 03/ 16,453 19,140
    FORD - 2.415% - 06/01/2050 5,000 5,095
    GLAXOSMITHKLINE - 2.850% - 05/ 10,269 10,343
    HOME DEPOT INC - 2.800% - 09/1 23,453 27,819
    LINCOLN NATL CORP - 3.050% - 0 5,404 5,577
    LOWES COS INC - 3.100% - 05/03 29,815 33,656
    MASTERCARD INC - 3.350% - 03/2 17,693 17,447
    MERCK &CO INC - 3.400% - 03/07 20,198 23,267
    MICROSOFT CORP NOTE CALL - 2.8 20,261 21,483
    NEXTERA ENERGY CAP HLDGS INC - 15,084 16,149
    NSTAR ELEC CO - 2.375% - 10/15 19,736 20,603
    PNC FINL SVCS - 3.500% - 01/23 15,417 16,341
    PRUDENTIAL - 1.500% - 03/10/20 4,999 5,188
    SCHLUMBERGER - 3.650% - 12/01/ 15,547 16,254
    SIMON PPTY GROUP LP - 3.375% - 10,519 10,872
    STATE STR CORP NOTE - 2.354% - 20,279 21,346
    STATOIL - 2.650% - 01/15/2024 16,011 15,931
    TARGET CORP - 2.250% - 04/15/2 10,209 10,723
    THERMO FISHER - 4.497% - 03/25 12,769 12,498
    TOTAL CAPITAL - 3.455% - 02/19 5,498 5,777
    UNITEDHEALTH GROUP INC - 2.875 30,458 30,732
    US BANCORP - 2.375% - 07/22/20 14,871 16,201
    VERIZON - 1.500% - 09/18/2030 11,987 11,821
    NY STATE - 2.721% - 11/22/2025 54,665 59,705

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    Beneventures Foundation Inc
    EIN:
    26-3881255
    Name of Stock End of Year Book Value End of Year Fair Market Value
    2U INC 1,940 2,241
    ACADIA PHARMACEUTICALS INC 6,606 6,629
    ACUITY BRANDS INC 2,177 2,180
    ADAPTEC, INC 4,619 5,795
    ADDUS HOMECARE CORP 1,938 3,279
    ADIDAS AG 19,082 26,717
    ADOBE SYSTEMS, INC 8,566 18,504
    ADVANCE AUTO PARTS INC 4,233 4,568
    ADVANCED DRAINAGE SYSTEMS INC 1,657 3,928
    ADYEN N.V. 12,584 26,309
    AFLAC INC 4,136 4,358
    AGIOS PHARMACEUTICALS INC 6,150 5,286
    AIA GROUP LTD ADR 30,636 40,287
    AIR PRODS & CHEM INC 7,277 11,202
    AKAMAI TECH COM STK 3,836 4,515
    ALASKA AIR GROUP INC 4,324 4,888
    ALBEMARLE CP 2,053 3,393
    ALCON INC 16,684 17,749
    ALEXION PHARMACEUTICALS, INC 3,151 4,687
    ALLEGION PLC 3,745 4,772
    ALLY FINANCIAL INC 1,796 1,890
    ALPHABET INC CL A 9,871 19,279
    AMADEUS IT HLDS SA 22,062 26,675
    AMAZON COM 16,336 29,312
    AMEDISYS INC - COMMON STOCK 3,648 9,093
    AMERICA'S CAR-MART, INC 1,798 1,977
    AMERICAN EXPRESS CO 10,078 11,124
    AMERICAN TOWER REIT INC 10,985 13,468
    AMERICAN WATER WORKS COMPANY I 2,686 4,604
    AMERISOURCEBERGEN CORP 3,238 4,106
    AMGEN INC 9,932 11,726
    ANTHEM INC 10,774 14,128
    APPLE INC 21,316 51,483
    APTIV PLC 4,813 6,775
    ARCUS BIOSCIENCES 1,459 1,272
    ARENA PHARMACEUTICALS, INC. 4,185 4,994
    ASML HOLDING NV NY REG SHS 19,407 40,967
    ASTRAZENECA 4,618 5,149
    ATHENE HOLDING LTD 5,751 6,471
    ATLAS COPCO AB A SHS ADR 14,466 14,302
    AUTODESK, INC 4,137 8,550
    AVALONBAY CMNTYS INC 2,708 2,406
    AVANGRID INC 3,083 2,772
    AVIS BUDGET GROUP INC 2,549 3,208
    BADGER METER, INC 2,131 3,574
    BANCORPSOUTH BANK 3,072 2,771
    BANK NEW YORK MELLON CORP COM 4,963 5,135
    BANK OF AMERICA CORP 20,811 22,975
    BANKUNITED, INC 3,224 3,200
    BAXTER INTERNATIONAL INC 6,103 6,660
    BECTON DICKINSON & CO 1,329 3,503
    BERKSHIRE HATHAWAY INC. CLASS 6,663 7,652
    BEYOND MEAT INC 2,000 1,500
    BIOMARIN PHARMACEUTICAL INC 2,386 2,806
    BIOTELEMETRY INC 2,491 4,181
    BLUEBIRD BIO INC 3,438 2,337
    BRIGHT HORIZONS FAMILY SOLUTIO 5,157 6,228
    BRIGHTHOUSE FINANCIAL INC 2,122 2,535
    BRUKER CORPORATION 4,471 6,712
    BURBERRY GROUP PLC 16,693 17,708
    CACTUS, INC. CLASS A 1,793 1,616
    CADENCE BANCORPORATION 2,181 3,087
    CALVERT EMERGING MARKETS EQUIT 311,647 460,646
    CAPITAL ONE FINANCIAL CORP 3,699 3,855
    CARDIOVASCULAR SYSTEMS, INC. 1,472 1,750
    CARDLYTICS 2,990 9,280
    CAVCO INDS INC DEL 1,139 1,404
    CBRE GROUP 2,796 2,948
    CELLNEX TELECOM ADR 8,839 9,105
    CHARLES SCHWAB CORP 4,080 5,092
    CHARTER COMMUNICATIONS, INC 6,428 12,569
    CHEMICAL AND MINING CO OF CHIL 7,497 8,542
    CHILDREN'S PLACE 2,151 3,507
    CHOICE HOTELS INTERNATIONAL IN 3,017 4,056
    CLEARWAY ENERGY, INC. CLASS C 1,906 3,321
    COGENT COMMUNICATIONS GROUP, I 2,488 2,515
    COLUMBIA SPORTSWEAR CO 2,807 2,796
    COMCAST CORP 12,875 19,074
    COMMSCOPE HOLDING COMPANY INC 3,093 3,846
    CORESITE REALTY CORPORATION 4,008 4,385
    CRA QUALIFIED INVESTMENT FD 370,500 377,827
    CRACKER BARREL OLD COUNTRY STO 2,622 2,638
    CVS CAREMARK CORP 9,439 10,040
    DANAHER CORP 2,799 9,774
    DARLING INGREDIENTS INC 2,361 3,980
    DEERE CO 9,756 16,950
    DINEEQUITY INC 3,313 2,784
    DOMYX 477,270 467,109
    DOUGLAS EMMETT INC 4,385 3,151
    EATON CORP PLC 12,596 17,180
    ECOLAB INC 7,543 9,953
    EDISON INTL 10,986 11,119
    EDITAS MEDICINE INC 3,484 4,838
    EDP-ELECTRICIDADE DE PORTUGAL 22,055 30,063
    ELASTIC NV 11,282 21,920
    EMERSON ELECTRIC CO 5,513 6,510
    ENCORE CAPITAL GROUP INC 2,953 2,688
    ENPHASE ENERGY ORD SHS 770 3,158
    EQT CORPORATION 2,246 1,818
    EQUINIX, INC 4,530 5,713
    ERSTE BK DER OEST SP 9,501 6,898
    EVERCORE PARTNERS INC 3,890 6,030
    FACEBOOK INC 13,065 18,302
    FANUC LIMITED UNSPONSORED 23,913 25,628
    FIDELITY NATIONAL INFORMATION 6,432 6,790
    FIRST REPUBLIC BANK 3,000 4,114
    FIRST SOLAR INC 2,050 3,561
    FIVE9 INC 3,753 4,534
    FLOOR AND DECOR HOLDINGS 3,774 7,057
    FRANKLIN ELECTRIC CO., INC 1,806 2,630
    GIVAUDAN SA UNSP/ADR 13,894 20,282
    GRAINGER W W INC 3,925 5,308
    HANNON ARMSTRONG SUST INFRAST 1,458 2,220
    HOME DEPOT INC 14,516 20,187
    HOYA CORP SPONS ADR 11,362 21,235
    HUB GROUP, INC 1,265 1,596
    HUNT J B 3,318 4,646
    IAA INC 3,205 3,834
    ICON PLC - AMERICAN DEPOSITARY 14,974 21,253
    IGM BIOSCIENCES ORD SHS 653 530
    IHS MARKIT LTD 5,219 6,827
    ILLINOIS TOOL WORKS 6,571 8,563
    ILLUMINA INC COM 2,488 4,070
    INDUSTRIA DE DISENO 16,294 16,200
    INNOVATIVE INDUSTRIAL PROPERTI 2,308 3,296
    INPHI CORPORATION 3,474 5,135
    INT'L FLAVORS & FRAGRANCES INC 4,510 3,809
    INTERSECT ENT INC 2,650 2,473
    IQVIA HOLDINGS INC 3,972 6,629
    IRHYTHM TECHNOLOGIES INC 2,290 6,405
    IROBOT CORPORATION 5,209 5,139
    JOHNSON & JOHNSON 6,113 7,554
    JP MORGAN CHASE 9,127 14,867
    JUST EAT TAKEAWAY COM NV 17,954 18,975
    KAO CORP 15,602 19,671
    KBC GROUP SA UNSP ADR 11,517 12,316
    KEMPER CORP 3,368 3,457
    KEURIG DR PEPPER INC 4,412 5,152
    KEYCORP 7,247 6,219
    KEYCORP CAPITAL B 8.25% CORP B 1,839 2,233
    L'OREAL ADR 15,642 23,454
    LAM RESEARCH CORP 5,444 8,973
    LAMB WESTON HOLDINGS INC 1,450 2,047
    LANDSTAR SYSTEM 2,049 2,155
    LEGRAND INC 17,335 20,400
    LIBERTY MEDIA CORPORATION - SE 1,882 1,874
    LINDE PLC COM 22,757 30,304
    LIVE OAK BANCSHARES, INC. 1,372 1,519
    LIVEPERSON, INC. 1,625 2,800
    LONDON STK EXCHANGE GROUP 18,137 33,698
    M.D.C. HLDGS 2,723 3,110
    M/I HOMES, INC 1,122 1,240
    MARRIOTT VACATIONS WORLDWIDE C 2,354 2,882
    MARSH AND MCLENNAN COMPANIES I 5,052 6,435
    MARTIN MARIETTA MATLS INC 3,523 4,827
    MASTERCARD INC 6,695 11,065
    MCCORMICK & CO 2,836 4,206
    MEDTRONIC PLC 2,943 4,568
    MERCK & CO INC 8,974 12,270
    MERITAGE CORPORATION 2,219 2,071
    MICROSOFT CORP 21,576 43,371
    MONOTARO CO., LTD 7,296 10,635
    MONSTER BEVERAGE CORP 3,312 4,809
    MOTOROLA SOLUTIONS INC 3,525 8,333
    NATIONAL INSTRUMENTS CORPORATI 4,454 4,789
    NESTLE S.A 30,889 38,049
    NEVRO CORP 1,787 2,250
    NEW YORK TIMES CO CL A 3,468 4,142
    NIDEC CORPORATION ADR 10,958 16,262
    NIKE INC-CL B 3,406 7,074
    NINTENDO CO LTD ADR UNSPON 22,070 35,912
    NORDSON CP 2,303 3,416
    NOVARTIS AG ADR 23,959 28,235
    NOVO NORDISK A S 17,814 23,330
    NUTANIX INC 747 1,817
    NVIDIA CORP 7,131 12,533
    NXP SEMICONDUCTORS 4,924 7,473
    ONEMAIN HOLDINGS INC 2,264 2,697
    ORACLE CORP 3,694 4,464
    OTIS WORLDWIDE CORP 6,290 6,552
    OVINTIV INC 2,356 3,461
    OXFORD INDUSTRIES 1,814 2,031
    PACIRA PHARMACEUTICALS INC 2,364 3,710
    PALO ALTO NETWORKS INC 8,442 14,216
    PAYPAL HOLDINGS, INC 2,390 7,729
    PDC ENERGY INC 1,767 2,279
    PENTAIR INC. COM 1,618 2,761
    PEPSICO INC 5,939 8,008
    PILGRIMS PRIDE CORP 3,365 3,216
    PLUG POWER INC 1,548 3,018
    PNC FINANCIAL GROUP INC 3,747 3,874
    PPG INDUSTRIES INC 4,379 5,625
    PREMIER INC 2,776 2,773
    PROCTER GAMBLE CO 3,122 5,287
    PROGRESSIVE CORP OHIO 1,649 6,032
    PROLOGIS 3,202 3,787
    QTS REALTY TRUST 2,506 2,351
    QUALCOMM INC 8,807 14,168
    QUEST DIAGNOSTICS 2,654 3,337
    REALOGY HOLDINGS CORP 1,773 2,939
    REDFIN CORP 1,915 2,677
    RENEWABLE ENERGY GROUP INC 692 2,054
    RENTOKIL INITIAL PLC SPON ADR 15,241 21,431
    REXFORD INDUSTRIAL REALTY INC 3,928 4,616
    REYNOLDS CONSUMER PRODUCTS INC 6,793 5,978
    RITE AID CORP 3,687 3,024
    ROCHE HOLDING LTD ADR 19,799 24,726
    ROCKWELL AUTOMATION INC 4,419 5,518
    SAGE THERAPEUTICS INC 3,847 4,152
    SALESFORCE.COM 12,085 14,019
    SANGAMO BIOSCIENCES INC 1,527 2,092
    SCHNITZER STEEL INDUSTRIES, IN 1,396 1,819
    SEMPRA ENERGY COM 10,085 11,085
    SHISEIDO CO LTD 13,398 18,434
    SHOPIFY INC 9,082 26,035
    SITEONE LANDSCAPE SUPPLY INC 2,969 6,345
    SOLAREDGE TECHNOLOGIES INC 6,462 13,722
    SPLUNK INC 4,336 5,946
    SPOTIFY TECHNOLOGY SA 11,778 21,397
    STARBUCKS CORP COM 3,985 6,419
    STEEL DYNAMICS INC 4,151 4,019
    STONECO LTD 10,201 20,728
    STRYKER CORPORATION 3,487 4,166
    SVB FINANCIAL GROUP 3,178 3,490
    SYSCO CORP 5,193 6,015
    T-MOBILE US INC 6,226 8,765
    TAIWAN SEMICONDUCTOR MFG CO LT 13,881 27,587
    TARGET CORPORATION 3,593 8,297
    TC ENERGY CORPORATION 5,258 4,194
    TE CONNECTIVITY LTD 8,670 12,470
    TEAMVIEWER AG 17,128 24,170
    TELEPERFORMANCE SA 12,748 20,063
    TEMENOS GROUP AG 12,200 13,879
    TENCENT HOLDINGS LIMITED 16,070 16,966
    TETRA TECH INC 1,916 3,358
    TEXAS INSTRUMENTS INC 6,950 9,520
    THE CHEFS' WAREHOUSE, INC 1,940 3,134
    THE CHEMOURS CO 4,385 5,355
    THE COCA-COLA CO 6,108 7,294
    THE LOVESAC COMPANY 1,310 1,767
    THE REALREAL ORD SHS 3,898 5,256
    THERMO FISHER SCIENTIFIC INC 9,641 12,576
    THOMSON REUTERS CORPORATION 15,719 17,361
    TJX COMPANIES INC 4,734 8,400
    TOKYO ELECTRON LTD 16,958 25,737
    TOLL BROTHERS INC 3,311 3,738
    TRACTOR SUPPLY CO COM 2,226 3,796
    TRANE TECHNOLOGIES PLC 5,211 8,564
    TRAVELERS COMPANIES INC 10,621 11,089
    TREX CO INC 2,155 2,846
    TRUPANION INC 4,057 8,499
    UBER 4,067 7,905
    ULTA SALON, COSMETICS & FRAGRA 3,907 5,169
    ULTRAGENYX PHARMACEUTICAL INC 3,999 4,707
    UMICORE SA 10,409 11,031
    UNILEVER N V N Y 4,251 5,976
    UNITED NATURAL FOODS, INC 4,103 3,290
    UNITED PARCEL SERVICE 16,767 23,744
    UNITEDHEALTH GROUP INC 3,531 15,781
    US BANCORP 5,043 4,706
    US FOODS HOLDING CORPORATION 5,884 7,028
    USD TRONOX LTD 1,544 2,427
    V F CORP 4,490 4,441
    VARONIS SYSTEMS INC 3,163 7,362
    VERIZON COMMUNICATIONS 4,443 5,346
    VERTIV CL A 4,832 5,041
    VESTAS WIND SYS UNSP/ADR 12,597 17,054
    VISA INC 11,992 14,874
    VMWARE INC 4,699 4,488
    VOYA FINANCIAL INC 3,945 4,705
    WALKER & DUNLOP INC 1,068 1,932
    WALT DISNEY HOLDINGS CO 5,888 7,972
    WASTE MANAGEMENT INC 3,038 4,128
    WORKDAY INC 1,596 1,677
    WORLD WRESTLING ENT 5,786 6,871
    WORLDLINE 14,940 16,421
    WYNDHAM HOTELS & RESORTS INC C 4,245 4,696
    XYLEM INC 3,447 4,988
    YETI HOLDINGS, INC. 1,114 1,438
    ZENDESK INC 2,637 4,580

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    Beneventures Foundation Inc
    EIN:
    26-3881255
    US Government Securities - End of Year Book Value:

    489,924
    US Government Securities - End of Year Fair Market Value:

    513,913
    State & Local Government Securities - End of Year Book Value:


    194,333
    State & Local Government Securities - End of Year Fair Market Value:


    210,917


    TY 2020 InvestmentsOtherSchedule2
    Name:
    Beneventures Foundation Inc
    EIN:
    26-3881255
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    CLIMATE IMPACT SOLUTIONS OFF M   55,355 50,998

    TY 2020 OtherExpensesSchedule
    Name:
    Beneventures Foundation Inc
    EIN:
    26-3881255
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 21,345     21,345
    Bank Charges 64 64    
    Postage/Delivery Service 32     32
    State or Local Filing Fees 80     80


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    Beneventures Foundation Inc
    EIN:
    26-3881255
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 35,494 35,494    


    TY 2020 TaxesSchedule
    Name:
    Beneventures Foundation Inc
    EIN:
    26-3881255
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2020 1,000      
    990-PF Extension for 2019 792      
    Foreign Tax Paid 349 349