TY 2020 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Go 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
MARY OWEN BORDEN MEMORIAL FUND

Number and street (or P.O. box number if mail is not delivered to street address)4 BLACKPOINT HORSESHOE - Q MCKEAN
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
RUMSON, NJ07760

A Employer identification number

13-6137137

B Telephone number (see instructions)

(732) 741-4645

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$17,409,186J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments	74,664		74,664
4	Dividends and interest from securities...	161,173		157,658
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		424,058
b	Gross sales price for all assets on line 6a 3,716,896
7	Capital gain net income (from Part IV, line 2)...			424,058
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........	659,895		656,380
13	Compensation of officers, directors, trustees, etc.	65,000		6,500	58,500
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		15,000	0	15,000
c	Other professional fees (attach schedule)....		95,024	95,024	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		6,578	1,762	4,816
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		4,169	281	3,888
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	185,771		103,567	82,204
25	Contributions, gifts, grants paid.......	815,654			815,654
26	Total expenses and disbursements. Add lines 24 and 25	1,001,425		103,567	897,858
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-341,530
b	Net investment income (if negative, enter -0-)			552,813
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	17,944	74,505	74,505
	2	Savings and temporary cash investments.........	916,844	697,842	697,842
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	0	443,565	464,278
	b	Investments—corporate stock (attach schedule).......	7,955,018	5,139,604	11,780,714
	c	Investments—corporate bonds (attach schedule).......	1,668,557	3,069,426	3,479,361
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	0	793,931	901,844
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	10,652	10,652	10,642
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	10,569,015	10,229,525	17,409,186
	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 )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	10,569,015	10,229,525
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds
	29	Total net assets or fund balances (see instructions).....	10,569,015	10,229,525
	30	Total liabilities and net assets/fund balances (see instructions).	10,569,015	10,229,525

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

10,569,015

Enter amount from Part I, line 27a .....................

-341,530

Other increases not included in line 2 (itemize) bullet

2,040

Add lines 1, 2, and 3 ..........................

10,229,525

Decreases not included in line 2 (itemize) bullet

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

10,229,525

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
1 a	PUBLICLY TRADED SECURITIES	P
b	PUBLICLY TRADED SECURITIES	P
c	PUBLICLY TRADED SECURITIES	P
d	PUBLICLY TRADED SECURITIES	P
e	CLASS ACTION SETTLEMENTS	P
	CAPITAL GAINS DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	524,669	513,708	10,961
b	2,605,080	2,227,790	377,290
c	51,530	57,992	-6,462
d	534,487	493,348	41,139
e	351		351
	779		779

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			10,961
b			377,290
c			-6,462
d			41,139
e			351
			779

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	424,058
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 ...................		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

Reserved...........................

Reserved,..........................

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 and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Reserved................................	1	7,684
c	All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	7,684
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	7,684
6	Credits/Payments:

a	2020 estimated tax payments and 2019 overpayment credited to 2020	6a	16,132
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ...........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	16,132
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	8,448
11	Enter the amount of line 10 to be: Credited to 2021 estimated tax8,448	Refunded	11	0

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ 0(2) On foundation managers. bullet

$ 0

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2020)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

QUINCY AS MCKEAN III Telephone no. bullet

(732) 741-4645

Located at bullet

4 BLACKPOINT HORSESHOERUMSONNJ ZIP+4 bullet

07760

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

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?......................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?...............YesNo

(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.).......YesNo

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 ........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

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?.............

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)):

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?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?......................YesNo

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.)..................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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?

Form 990-PF (2020)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?.............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?.....YesNo

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 ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?..........YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....

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? .................YesNo

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-)
LINDA B MCKEAN	PRESIDENT 0.50	0
PO BOX 313 RUMSON,NJ07760	PRESIDENT 0.50	0
VINCE MYERS	TRUSTEE 0.50	0
11 MANSION HILL DRIVE EWING,NJ08628	TRUSTEE 0.50	0
QUINCY AS MCKEAN III	EXECUTIVE DIRECTOR 7.00	65,000
4 BLACKPOINT HORSESHOE RUMSON,NJ07760	EXECUTIVE DIRECTOR 7.00	65,000
JULIE KENNEDY	SECRETARY 0.50	0
84 PINE CREEK AVENUE FAIRFIELD,CT06824	SECRETARY 0.50	0
PAUL MCEVILY	TRUSTEE 0.50	0
810 FOURTH AVE - INTERFAITH NEIGHBORS ASBURY PARK,NJ07712	TRUSTEE 0.50	0
ZOE BUNNELL	TRUSTEE 0.50	0
166 EAST 61ST STREET APT 8-N NEW YORK,NY10065	TRUSTEE 0.50	0

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

Form 990-PF (2020)

Page 7

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. 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)

Page 8

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

14,608,751

Average of monthly cash balances.......................

873,893

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

15,482,644

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

15,482,644

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

232,240

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

15,250,404

Minimum investment return. Enter 5% of line 5..................

762,520

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.)

Minimum investment return from Part X, line 6....................

762,520

Tax on investment income for 2020 from Part VI, line 5......

7,684

Income tax for 2020. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

7,684

Distributable amount before adjustments. Subtract line 2c from line 1............

754,836

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

754,836

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

754,836

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

897,858

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

897,858

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.................

Adjusted qualifying distributions. Subtract line 5 from line 4..............

897,858

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)

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					754,836
2 Undistributed income, if any, as of the end of 2020:
a Enter amount for 2019 only.......				0
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2020:
a From 2015......	169,910
b From 2016......	112,312
c From 2017......	715,377
d From 2018......	109,672
e From 2019......	28,832
fTotal of lines 3a through e........		1,136,103
4Qualifying distributions for 2020 from Part
XII, line 4: $ 897,858
a Applied to 2019, but not more than line 2a				0
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2020 distributable amount.....					754,836
e Remaining amount distributed out of corpus		143,022
5 Excess distributions carryover applied to 2020.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		1,279,125
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2019. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2020. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2021 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2015 not applied on line 5 or line 7 (see instructions) ...		169,910
9Excess distributions carryover to 2021. Subtract lines 7 and 8 from line 6a ......		1,109,215
10 Analysis of line 9:
a Excess from 2016....	112,312
b Excess from 2017....	715,377
c Excess from 2018....	109,672
d Excess from 2019....	28,832
e Excess from 2020....	143,022

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 section4942(j)(3) or4942(j)(5)

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	(e) Total

b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed...
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XV

Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:

QUINCY AS MCKEAN III
4 BLACKPOINT HORSESHOE
RUMSON,NJ07760
(732) 741-4645

bThe form in which applications should be submitted and information and materials they should include:

PLEASE CONTACT THE PERSON NAMED IN 2A ABOVE FOR ADDITIONAL INFORMATION

cAny submission deadlines:

NONE

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

GRANTS ARE PRIMARILY LIMITED TO CHARITIES LOCATED IN MONMOUTH AND MERCER COUNTIES OF NEW JERSEY

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
180 TURNING LIVES AROUND L BETHANY RD SUITE 42 HAZLET,NJ07730	NONE	PC	FOR OPERATIONS	10,000
AMERICAN LITTORAL SOCIETY SANDY HOOK HIGHLANDS,NJ07732	NONE	PC	FOR OPERATIONS	5,000
AMERICAN RED CROSS 707 ALEXANDER ROAD 101 PRINCETON,NJ08540	NONE	PC	FOR OPERATIONS	15,000
ANSWER 41 GORDON ROAD PISCATAWAY,NJ08854	NONE	PC	FOR OPERATIONS	7,500
ARM IN ARM 123 E HANOVER ST TRENTON,NJ08608	NONE	PC	FOR OPERATIONS	30,000
ARTS COUNCIL OF PRINCETON 102 WITHERSPOON ST PRINCETON,NJ08542	NONE	PC	FOR OPERATIONS	7,500
ASBURY PARK MUSIC FOUNDATION 621 LAKE AVENUE ASBURY PARK,NJ07712	NONE	PC	FOR OPERATIONS	12,000
ASLAN YOUTH MINISTRIES 65 WEST FRONT STREET RED BANK,NJ07701	NONE	PC	FOR OPERATIONS	12,000
BIG BROTHERS BIG SISTERS ASBURY 305 BOND STREET ASBURY PARK,NJ07712	NONE	PC	FOR OPERATIONS	15,000
BIG BROTHERS BIG SISTERS TRENTON 535 EAST FRANKLIN ST TRENTON,NJ08610	NONE	PC	FOR OPERATIONS	15,000
BOYS AND GIRLS CLUB OF MERCER 212 CENTRE ST TRENTON,NJ08611	NONE	PC	FOR OPERATIONS	15,000
CANDID 32 OLD SLIP NEW YORK,NY10005	NONE	PC	FOR OPERATIONS	1,500
CATHOLIC YOUTH ORGANIZATION 8353 MANTON ST QUEENS,NY11435	NONE	PC	FOR OPERATIONS	30,000
CHILDREN'S HOME SOCIETY 635 SOUTH CLINTON AVENUE TRENTON,NJ08611	NONE	PC	FOR OPERATIONS	10,000
CLEAN OCEAN ACTION 49 AVENEL BLVD LONG BRANCH,NJ07740	NONE	PC	FOR OPERATIONS	17,500
COLLIER YOUTH SERVICES 160 CONOVER RD WICKATUNK,NJ07765	NONE	PC	FOR OPERATIONS	15,000
COUNT BASSIE THEATER 99 MONMOUTH STREET RED BANK,NJ07701	NONE	PC	FOR OPERATIONS	7,500
D & R GREENWAY LAND TRUST 1 PRESERVATION PLACE PRINCETON,NJ08540	NONE	PC	FOR OPERATIONS	10,000
DRESS FOR SUCCESS 32 EAST 31ST STREET NEW YORK,NY10016	NONE	PC	FOR OPERATIONS	12,000
FAMILY & CHILDREN SERVICES OF CENTRAL NJ 191 BATH AVENUE LONG BRANCH,NJ07740	NONE	PC	FOR OPERATIONS	12,000
FORRESTDALE SCHOOL 60 FORREST AVENUE RUMSON,NJ07760	NONE	PC	FOR OPERATIONS	2,200
FULFIL 3300 ROUTE 66 NEPTUNE,NJ07753	NONE	PC	FOR OPERATIONS	20,000
HABCORE 212 S PEARL STREET RED BANK,NJ07701	NONE	PC	FOR OPERATIONS	10,000
HABITAT FOR HUMANITY- FREEHOLD 45 SOUTH ST FREEHOLD,NJ07728	NONE	PC	FOR OPERATIONS	3,750
HABITAT FOR HUMANITY- TRENTON 530 NJ-38 MAPLE SHADE,NJ08052	NONE	PC	FOR OPERATIONS	3,750
HITOPS 21 WIGGINS STREET PRINCETON,NJ08540	NONE	PC	FOR OPERATIONS	5,000
HOMEFRONT 1880 PRINCETON AVENUE LAWRENCEVILLE,NJ08648	NONE	PC	FOR OPERATIONS	30,000
HOPE ACADEMY CHARTER SCHOOL 601 GRAND AVENUE ASBURY PARK,NJ07712	NONE	PC	FOR OPERATIONS	15,000
INTERFAITH NEIGHBORS 810 FOURTH AVE ASBURY PARK,NJ07712	NONE	PC	FOR OPERATIONS	15,000
ISLES INC 10 WOOD ST TRENTON,NJ08618	NONE	PC	FOR OPERATIONS	12,000
LATIN AMERICAN LEGAL DEFENSE AND EDUCATION 669 CHAMBERS ST TRENTON,NJ08611	NONE	PC	FOR OPERATIONS	15,000
LUNCH BREAK 1221 ORS JAMES PARKER RD RED BANK,NJ07701	NONE	PC	FOR OPERATIONS	20,000
MERCER STREET FRIENDS 2069 GREENWOOD AVENUE TRENTON,NJ08609	NONE	PC	FOR OPERATIONS	30,000
MONMOUTH ARTS 105 MONMOUTH STREET RED BANK,NJ07701	NONE	PC	FOR OPERATIONS	7,500
MONMOUTH CONSERVATION FOUNDATION 628 MIDDLETOWN LINCROFT ROAD LINCROFT,NJ07738	NONE	PC	FOR OPERATIONS	25,000
MONMOUTH DAY CARE CENTER 9 ORS JAMES PARKER BLVD RED BANK,NJ07701	NONE	PC	FOR OPERATIONS	15,000
MONMOUTH MEDICAL CENTER 300 SECOND AVE LONG BRANCH,NJ07741	NONE	PC	FOR OPERATIONS	41,826
MONMOUTH UNIVERSITY 400 CEDAR AVE WEST LONG BRANCH,NJ07764	NONE	PC	FOR OPERATIONS	15,000
NEW JERSEY CONSERVATION FOUNDATION 170 LONGVIEW ROAD FAR HILLS,NJ07931	NONE	PC	FOR OPERATIONS	15,000
OUR LADY OF MT CARMEL 99 BROADWAY JERSEY CITY,NJ07306	NONE	PC	FOR OPERATIONS	15,000
PARKER FAMILY HEALTH CENTER 211 SHREWBERRY AVE RED BANK,NJ07701	NONE	PC	FOR OPERATIONS	30,000
PLANNED PARENTHOOD CENTRAL NJ 69 E NEWMAN SPRINGS RD SHREWSBURY,NJ07702	NONE	PC	FOR OPERATIONS	15,000
PRINCETON FRIENDS SCHOOL 470 QUAKER ROAD TRENTON,NJ08540	NONE	PC	FOR OPERATIONS	15,000
PRINCETON PUBLIC LIBRARY 65 WITHERSPOON STREET PRINCETON,NJ08542	NONE	PC	FOR OPERATIONS	5,128
RESCUE MISSION OF TRENTON 98 CARROLL STREET TRENTON,NJ08609	NONE	PC	FOR OPERATIONS	35,000
RISE 116 N MAIN ST HIGHTSTOWN,NJ08520	NONE	PC	FOR OPERATIONS	15,000
SHORE CLUBHOUSE INC 279 BROADWAY 400 LONG BRANCH,NJ07740	NONE	PC	FOR OPERATIONS	10,000
ST GEORGES BY THE RIVER 7 LINCOLN AVENUE RUMSON,NJ07760	NONE	PC	FOR OPERATIONS	6,000
TRENTON AREA SOUP KITCHEN 72 1/2 ESCHER STREET TRENTON,NJ08609	NONE	PC	FOR OPERATIONS	30,000
TRENTON CIRCUS SQUAD 675 S CLINTON AVENUE TRENTON,NJ08611	NONE	PC	FOR OPERATIONS	5,000
TWO RIVER THEATER 21 BRIDGE AVE RED BANK,NJ07701	NONE	PC	FOR OPERATIONS	10,000
UNITED WAY OF MERCER COUNTY 60 SOUTH FULLERTON AVENUE MONTCLAIR,NJ07042	NONE	PC	FOR OPERATIONS	15,000
VENTURE HOUSE 150-10 HILLSIDE AVENUE JAMAICA,NY11432	NONE	PC	FOR OPERATIONS	10,000
VNA COMMUNITY HEALTH CENTER 816 SUNSET AVE ASBURY PARK,NJ07712	NONE	PC	FOR OPERATIONS	15,000
YMCA PRINCETON 58 PAUL ROBESON PLACE PRINCETON,NJ08540	NONE	PC	FOR OPERATIONS	24,000
Total ................................. 3a				815,654

bApproved for future payment

Total ................................. 3b				0

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	(e) Related or exempt function income (See instructions.)
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	74,664
4 Dividends and interest from securities....			14	161,173
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	424,058
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..		0		659,895	0

13Total. Add line 12, columns (b), (d), and (e)..................

659,895

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2020)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2020 AccountingFeesSchedule

Name:

MARY OWEN BORDEN MEMORIAL FUND

EIN:

13-6137137

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING FEES	15,000	0		15,000

- TIN:

TY 2020 DistributionFromCorpusElection

Name:

MARY OWEN BORDEN MEMORIAL FUND

EIN:

13-6137137

Election:

PURSUANT TO REG. 53.4942(A)-3(C)(2)(IV) THE ABOVE REFERENCED FOUNDATION HEREBY ELECTS TO TREAT, AS A CURRENT DISTRIBUTION OUT OF CORPUS, THE FOLLOWING UNUSED PRIOR YEAR'S DISTRIBUTIONS THAT WERE TREATED AS CORPUS DISTRIBUTION UNDER REG. 53.4942(A)-3(D)(1)(III) IN SUCH PRIOR TAX YEARS.

- TIN:

TY 2020 InvestmentsCorpBondsSchedule

Name:

MARY OWEN BORDEN MEMORIAL FUND

EIN:

13-6137137

Name of Bond	End of Year Book Value	End of Year Fair Market Value
BK OF MONTREAL 2.5% 6/28/24	29,927	31,976
RABOBANK NEDERLAND 4.5% 1/11/21	30,156	30,021
INTL BK REC	59,668	67,744
NUTRIEN LTD	35,069	41,850
TORONTO-DOMINION BK	34,998	35,739
AON PLC	69,812	63,592
CLARIVATE PLC	71,287	94,805
EATON CORP PLC	67,960	92,868
LINDE PLC	58,612	80,634
PAGSEGURO DIGITAL LTD-CL A	6,747	21,273
CHUBB LTD	62,992	94,815
SPOTIFY TECHNOLOGY SA	6,123	14,474
YANDEX NV-A	8,183	15,238
ALIBABA GROUP HOLDING-SP ADR	11,608	13,033
GENHAB A/S -SP ADR	67,102	90,794
SEA LTD-ADR	4,024	27,071
SOFTBANK GROUP-UNSPON ADR	8,531	13,454
TENCENT HLDGS LTD-ADR	8,331	13,803
HARDING LOEVNER INST EMERG MRKTS FD	256,743	311,916
UNITEDHEALTH GROUP	55,410	55,170
GILEAD SCIENCES INC	50,166	50,000
APPLE INC	29,918	30,358
MERCK & CO INC	101,009	106,048
WELLS FARGO & CO	30,011	32,970
BK OF AMER CORP	75,487	83,254
AT&T INC	50,492	55,839
ORACLE CORP	102,323	109,455
CITIGROUP INC	60,000	60,389
PNC FINL SVCS	44,985	47,826
GEN MTRS FINL CO	29,962	32,038
INTEL CORP	19,969	22,241
HP INC	29,931	31,762
PROCTER & GAMBLE CO	29,951	30,265
ARES CAP CORP	49,711	54,179
CHARLES SCHWAB CORP	34,957	35,448
BERKSHIRE HATHAWAY	100,273	111,731
IBM CORP	100,801	112,831
WELLTOWER INC	29,968	32,987
PROLOGIS LP	29,853	32,191
COCA COLA CO	34,958	36,153
GILEAD SCIENCES INC	29,974	30,207
AT&T INC	29,962	30,609
CELGENE CORP	49,570	56,766
LOWE'S COS INC	44,968	45,397
ABBVIE INC	80,643	89,918
BOSTON PPTYS LP	34,874	41,861
AT&T INC	29,852	35,780
BLACKROCK INC	29,757	34,581
AVANGRID INC	39,943	45,876
UNITEDHEALTH GROUP	14,996	17,050
ANTHEM INC	29,964	33,353
HOST HOTELS	64,492	66,855
HALLIBURTON CO	44,988	47,428
VERIZON	54,750	54,725
DISNEY WALT CO	100,180	102,590
CATERPILLAR FINL MTN	34,969	35,314
TOYOTA MTR CR MTN	29,990	30,800
BK OF NY MELLON MTN	29,990	31,364
WELLS FARGO & CO MTN	102,441	112,334
PRUDENTIAL FINL MTN	34,890	36,315
JPMORGAN CHASE & CO	50,154	50,181
MORGAN STANLEY	55,071	58,827
CITIGROUP INC	30,000	32,777
JPMORGAN CHASE & CO	35,000	40,218

- TIN:

TY 2020 InvestmentsCorpStockSchedule

Name:

MARY OWEN BORDEN MEMORIAL FUND

EIN:

13-6137137

Name of Stock	End of Year Book Value	End of Year Fair Market Value
HERSHEY CO/THE	74,490	77,536
PEPSICO INC	71,997	139,105
CINTAS CORP	67,077	193,343
LAUDER ESTEE COS INC-A	28,660	128,304
EXACT SCIENCES CORP	12,569	17,621
MERCK & CO INC	48,682	71,575
VERTEX PHARMACEUTICALS INC	13,928	14,653
ALNYLAM PHARMA INC	5,831	11,177
BECTON DICKINSON & CO	62,860	69,311
BOSTON SCIENTIFIC CORP	87,148	126,472
INTUITIVE SURGICAL INC	5,831	9,817
UNITEDHEALTH GROUP INC	22,251	174,288
DISNEY (THE WALT) COMPANY DEL	99,029	141,864
NETFLIX INC	10,218	15,681
CHIPOLTE MEXICAN GRILL INC-A	40,339	41,601
COSTCO WHOLESALE CORP	29,042	78,370
HOME DEPOT INC	72,492	251,277
TJX COMPANIES INC	55,406	179,534
ADOBE INC	47,739	196,547
AMAZON.COM INC	91,303	341,978
AUTODESK INC.	58,655	112,976
CISCO SYSTEMS INC	120,475	147,004
FORTINET INC	85,981	99,664
MERCADOLIBRE INC	7,477	21,778
MICROSOFT CORP	187,894	439,057
SALESFORCE COM INC	67,506	155,994
QUALCOMM INC	108,074	236,127
CHEGG INC	8,375	19,150
PALO ALTO NETWORKS INC	108,200	160,636
SERVICENOW INC	5,985	12,109
SPLUNK INC	9,057	11,213
VEEVA SYSTEMS INC CL A	5,997	11,435
VERISK ANALYTICS INC	66,067	83,451
BWX TECHNOLOGIES INC	103,441	102,355
UNIVERSAL DISPLAY CORP.	8,192	11,720
THERMO FISHER SCIENTIFIC INC	67,309	360,514
DANAHER CORP	38,056	210,144
TELEFLEX INC	95,851	157,220
TESLA INC	1,713	31,755
HONEYWELL INTERNTATIONAL INC	69,674	105,712
APPLE INC.	12,976	396,212
INTUIT INC	38,316	135,986
NVIDIA CORP	68,993	178,592
SOLAREDGE TECHNOLOGIES	80,572	243,489
HEICO CORP CL A	76,653	96,809
UNION PACIFIC CORP	16,592	84,329
BANK OF AMERICA	87,786	120,725
CME GROUP INC	108,892	121,609
JP MORGAN CHASE & CO	71,510	192,003
VISA INC CLASS A SHARES	40,349	195,982
CROWN CASTLE INTL CORP NEW COM	29,958	139,928
EQUINIX INC	77,768	82,845
NEXTERA ENERGY INC	103,342	175,439
VANGUARD SMALL CAP VIPERS FUND	237,576	340,690
PROLOGIS INC	43,147	79,828
ALPHABET INC CL C	22,224	194,459
FACEBOOK INC-A	54,418	113,361
HANNON ARMSTRONG SUSTAINABLE	72,234	131,871
T MOBILE US INC	6,734	11,597
TRUIST FINANCIAL CORPORATION	88,442	122,509
ROKU INC	12,810	28,886
NATIONAL VISION HOLDINGS INC	36,445	43,116
BEYOND MEAT INC	13,288	12,625
REDFIN CORP	6,335	24,570
TELADOC HEALTH INC	2,393	7,568
IQVIA HOLDINGS INC	69,651	86,539
CLOUDFLARE INC CLASS A	6,743	23,405
ALTERYX INC CLASS A	9,797	12,179
SLACK TECHNOLOGIES INC CL A	7,519	14,784
ALARM.COM HOLDINGS INC	7,237	12,207
ALPHABET INC CA-CL A	12,415	108,664
UBER TECHNOLOGIES INC	11,655	18,054
PAYPAL HOLDINGS INC.	13,210	215,230
SQUARE INC. A	9,337	26,552
AMERICAN WATER WORKS	18,600	127,534
HERSHEY CO	25,464	26,658
PEPSICO INC	26,659	48,049
CINTAS CORP	24,902	67,157
LAUDER ESTEE COS INC-A	9,930	44,454
EXACT SCIENCES CORP	4,164	5,830
MERCK & CO INC	20,204	24,622
VERLEX PHARMACEUTICALS INC	4,709	4,963
ALNYLAM PHARMA INC	1,966	3,769
BECTON DICKINSON & CO	22,012	24,271
BOSTON SCI ENTIFIC CORP	29,835	42,277
INTUITIVE SURGICAL INC	1,944	3,272
UNI TEDHEALTH GROUP INC	7,484	58,564
DISNEY (THE WALT) COMPANY	33,812	48,919
NETFLIX INC	3,513	5,407
CHIPOTLE MEXICAN GRILL INC-A	13,446	13,867
COSTCO WHOLESALE CORP	9,774	26,375
HOME DEPOT INC	28,116	96,154
TJX COMPANIES INC	25,340	70,270
ADOBE INC	16,642	68,516
AMAZON .COM INC	33,169	110,736
AUTODESK INC	19,816	38,167
CISCO SYSTEMS INC	41,716	50,791
FORTINET INC	28,466	32,677
MERCADOLIBRE INC	2,301	6,701
MICROSOFT CORP	69,111	151,468
SALESFORCE COM INC	24,246	53,852
QUALCOMM INC	38,028	82,264
CHEGG INC	2,805	6,413
PALO ALTO NETWORKS INC	37,565	55,796
SERVICENOW INC	1,904	3,853
SPLUNK INC	3,024	3,738
VEEVA SYSTEMS INC-CLASS A	1,999	3,811
VERISK ANALYTICS INC	23,008	29,063
BWX TECHNOLOGIES INC	34,737	34,177
UNIVERSAL DISPLAY CORP	2,728	3,907
THERMO FISHER SCIENTIFIC INC	19,903	119,705
DANAHER CORP	13,034	71,973
TELEFLEX INC	32,922	53,093
TESLA INC	571	10,585
HONEYWELL INTERNATIONAL INC	22,010	33,394
APPLE INC	4,380	133,752
INTUIT INC	13,378	47,481
NVIDIA CORP	23,601	61,097
SOLAREDGE TECHNOLOGIES INC	27,962	82,971
HEICO CORP CL A	26,416	33,362
UNION PACIFIC CORP	5,449	27,693
BANK OF AMERICA CORP	30,305	41,676
CME GROUP INC	35,700	39,869
JP MORGAN CHASE & CO	27,844	66,331
VISA INC-CLASS A	13,285	64,525
CROWN CASTLE INTL CORP NEW	14,539	61,447
EQUINIX INC	26,780	28,567
NEXTERA ENERGY INC	35,099	58,943
PROLOGIS INC	16,238	29,898
ALPHABET INC-CL C	7,208	63,068
FACEBOOK INC-A	18,979	37,969
HANNON ARMSTRONG SUSTAINABLE	25,016	45,670
T MOBILE US INC	2,272	3,911
TRUIST FINANCIAL CORPORATION	37,879	49,655
ROKU INC	4,270	9,629
NATIONAL VISION HOLDINGS INC	12,633	14,946
BEYOND MEAT INC	4,473	4,250
REDFIN CORP	2,106	8,167
TELADOC HEALTH INC	819	2,599
IQVIA HOLDINGS INC	23,794	29,563
CLOUDFLARE INC CLASS A	2,255	7,827
ALTERYX INC - CLASS A	3,221	4,019
SLACK TECHNOLOGIES INC- CL A	2,793	5,491
ALARM.COM HOLDINGS INC	2,392	4,035
ALPHABET INC/CA-CL A	5,759	36,805
UBER TECHNOLOGIES INC	3,885	6,018
PAYPAL HOLDINGS INC	5,366	73,070
SQUARE INC - A	3,140	8,923
AMERICAN WATER WORKS	6,579	42,358
AON PLC	24,353	22,183
CLARIVATE PLC	24,574	32,681
EATON CORP PLC	23,298	31,837
LINDE PLC	20,112	27,669
PAGSEGURO DIGITAL LTD-CL A	2,255	7,110
CHUBB LTD	21,823	31,554
SPOTIFY TECHNOLOGY SA	1,997	4,720
YANDEX NV-A	2,728	5,079
ALIBABA GROUP HOLDING-SP ADR	3,394	3,956
GENMAB A/S -SP ADR	22,535	30,495
SEA LTD-ADR	1,332	8,957
SOFTBANK GROUP-UNSPON ADR	2,844	4,485
TENCENT HLDGS LTD-ADR	2,777	4,601

- TIN:

TY 2020 InvestmentsGovtObligationsSch

Name:

MARY OWEN BORDEN MEMORIAL FUND

EIN:

13-6137137

US Government Securities - End of Year Book Value:

443,565

US Government Securities - End of Year Fair Market Value:

464,278

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

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

- TIN:

TY 2020 InvestmentsOtherSchedule2

Name:

MARY OWEN BORDEN MEMORIAL FUND

EIN:

13-6137137

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
VANGUARD SMALL CAP VIPERS FUND	AT COST	100,396	144,063
VANGUARD INLERNEOIATE TERM BD ETF	AT COST	640,010	692,754
HARDING LOEVNER INST EMERG KRKTS FD	AT COST	53,525	65,027

- TIN:

TY 2020 OtherAssetsSchedule

Name:

MARY OWEN BORDEN MEMORIAL FUND

EIN:

13-6137137

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
DUE FROM BROKER	10,652	10,652	10,642

- TIN:

TY 2020 OtherExpensesSchedule

Name:

MARY OWEN BORDEN MEMORIAL FUND

EIN:

13-6137137

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
PAYROLL PROCESSING FEE	1,954	195	1,759
OFFICE EXPENSE	865	86	779
FILING FEE	9	0	9
INSURANCE	1,232	0	1,232
BANK CHARGES	109	0	109

- TIN:

TY 2020 OtherIncreasesSchedule

Name:

MARY OWEN BORDEN MEMORIAL FUND

EIN:

13-6137137

Description	Amount
PRIOR YEAR ADJUSTMENT	2,040

- TIN:

TY 2020 OtherProfessionalFeesSchedule

Name:

MARY OWEN BORDEN MEMORIAL FUND

EIN:

13-6137137

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT COUNSEL FEES	95,024	95,024		0

- TIN:

TY 2020 TaxesSchedule

Name:

MARY OWEN BORDEN MEMORIAL FUND

EIN:

13-6137137

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
PAYROLL TAXES	5,351	535		4,816
FOREIGN TAX	1,227	1,227		0