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
ATWOOD FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)301 W NORTHERN LIGHTS BLVD NO 412
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ANCHORAGE, AK99503
A Employer identification number

92-6002571
B Telephone number (see instructions)

(907) 743-2800
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$47,358,500J 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) 1,179,194
2 Check bullet.............
3 Interest on savings and temporary cash investments 14 14  
4 Dividends and interest from securities... 194,495 839,030  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,556,025
b Gross sales price for all assets on line 6a 5,775,208
7 Capital gain net income (from Part IV, line 2)... 3,830,449
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)....... Click to see attachment 382,300 -99,181  
12 Total. Add lines 1 through 11........ 4,312,028 4,570,312  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 100,000 0   97,792
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 39,166 17,625   21,706
c Other professional fees (attach schedule).... Click to see attachment 233,399 431,661   125,405
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 31,504 3,977   0
19 Depreciation (attach schedule) and depletion... 1,231 0  
20 Occupancy.............. 24,272 0   24,229
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 39,950 32,115   10,510
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 469,522 485,378   279,642
25 Contributions, gifts, grants paid....... 1,255,500 1,445,500
26 Total expenses and disbursements. Add lines 24 and 25 1,725,022 485,378   1,725,142
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,587,006
b Net investment income (if negative, enter -0-) 4,084,934
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......... 3,510,638 3,872,592 3,872,592
3 Accounts receivable bullet186,600
Less: allowance for doubtful accounts bullet   150,000 186,600 186,600
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) 501,210 0 0
b Investments—corporate stock (attach schedule)....... 13,162,197 Click to see attachment14,375,192 14,375,192
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 25,825,420 Click to see attachment28,902,083 28,902,083
14 Land, buildings, and equipment: basis bullet16,666
Less: accumulated depreciation (attach schedule) bullet11,190 6,707 5,476 5,476
15 Other assets (describe bullet) Click to see attachment16,557 Click to see attachment16,557 Click to see attachment16,557
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 43,172,729 47,358,500 47,358,500
Liabilities 17 Accounts payable and accrued expenses.......... 136,667 10,538
18 Grants payable................. 210,000 20,000
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)......... 346,667 30,538
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........... 42,826,062 47,327,962
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 42,826,062 47,327,962
30 Total liabilities and net assets/fund balances (see instructions). 43,172,729 47,358,500
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
42,826,062
2
Enter amount from Part I, line 27a .....................
2
2,587,006
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
1,914,894
4
Add lines 1, 2, and 3 ..........................
4
47,327,962
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
47,327,962
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 ALTERNATIVE INVESTMENTS P 2020-01-01 2020-12-31
b PUBLICLY TRADED SECURITIES   2020-01-01 2020-12-31
c CAPITAL GAINS DIVIDENDS P 2020-01-01 2020-12-31
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 2,134,129     2,134,129
b 3,472,292   1,944,759 1,527,533
c 168,787     168,787
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       2,134,129
b       1,527,533
c       168,787
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 3,830,449
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 56,781
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 56,781
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 56,781
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 90,000
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 90,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 33,219
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet33,219 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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)
    bulletAK
    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 addressbulletWWW.ATWOODFOUNDATION.ORG
    14
    The books are in care ofbulletLATASH INVESTMENTS LLC Telephone no.bullet (907) 743-2800

    Located atbullet301 W NORTHERN LIGHTS BLVD 412ANCHORAGEAK ZIP+4bullet99503
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    EDWARD RASMUSON CHAIRMAN
    1.50     		0 0 0
    301 W NORTHERN LIGHTS BLVD
    ANCHORAGE,AK99503
    DAVID TOBIN VICE CHAIRMAN
    0.50     		0 0 0
    301 W NORTHERN LIGHTS BLVD
    ANCHORAGE,AK99503
    NANCY HARBOUR TREASURER
    1.50     		0 0 0
    301 W NORTHERN LIGHTS BLVD
    ANCHORAGE,AK99503
    CAROLYN HEYMAN SECRETARY
    0.50     		0 0 0
    301 W NORTHERN LIGHTS BLVD
    ANCHORAGE,AK99503
    MARIA DOWNEY DIRECTOR
    0.50     		0 0 0
    301 W NORTHERN LIGHTS BLVD
    ANCHORAGE,AK99503
    SPENCER SHROYER DIRECTOR
    0.50     		0 0 0
    301 W NORTHERN LIGHTS BLVD
    ANCHORAGE,AK99503
    TIM THOMPSON DIRECTOR
    0.50     		0 0 0
    301 W NORTHERN LIGHTS BLVD
    ANCHORAGE,AK99503
    NATASHA VON IMHOF DIRECTOR
    0.50     		0 0 0
    301 W NORTHERN LIGHTS BLVD
    ANCHORAGE,AK99503
    MEGAN OLSON DIRECTOR
    0.50     		0 0 0
    301 W NORTHERN LIGHTS BLVD
    ANCHORAGE,AK99503
    JEANNETTE LEE FALSEY DIRECTOR
    0.50     		0 0 0
    301 W NORTHERN LIGHTS BLVD
    ANCHORAGE,AK99503
    IRA PERMAN EXECUTIVE DIRECTOR
    18.00     		97,792 0 0
    301 W NORTHERN LIGHTS BLVD
    ANCHORAGE,AK99503
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    LATASH INVESTMENTS LLC INVESTMENT MANAGEMENT 196,251
    301 W NORTHERN LIGHTS BLVD 412
    ANCHORAGE,AK99503
    NEWSBANK INC GRANTS ARCHIVAL 125,405
    PO BOX 1130
    CHESTER,VT05143
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    24,273,628
    b
    Average of monthly cash balances.......................
    1b
    2,967,047
    c
    Fair market value of all other assets (see instructions)................
    1c
    13,488,533
    d
    Total (add lines 1a, b, and c).........................
    1d
    40,729,208
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    40,729,208
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    610,938
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    40,118,270
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    2,005,914
    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
    2,005,914
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    56,781
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    56,781
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,949,133
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,949,133
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    1,949,133
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    1,725,142
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,725,142
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,725,142
    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 1,949,133
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 14,301
    b Total for prior years:20, 20, 20 0
    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........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 1,725,142
    a Applied to 2019, but not more than line 2a 14,301
    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..... 1,710,841
    e Remaining amount distributed out of corpus 0
    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 0
    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 ..........     		238,292
    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) ...     		0
    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....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    ATWOOD FOUNDATION ATTN IRA PERMAN
    301 W NORTHERN LIGHTS BLVD 440
    ANCHORAGE,AK99503
    (907) 274-4900
    bThe form in which applications should be submitted and information and materials they should include:
    WRITTEN REQUEST STATING NEEDS
    cAny submission deadlines:
    DECEMBER 31 ANNUALLY
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    TAX-EXEMPT CHARITABLE ORGANIZATIONS, ALASKAN ORGANIZATIONS PREFERRED
    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
    ALASKA ARTS & CULTURE FOUNDATION
    PO BOX 101883
    ANCHORAGE,AK99510     		  PC $1,500 GRANTS TO ALASKAN ARTISTS FINANCIALLY HARMED BY COVID-19 20,000
    ALASKA AVIATION HERITAGE MUSEUM
    4721 AIRCRAFT DR
    ANCHORAGE,AK99502     		  PC CAPITAL: NEW PHONE SYSTEM, SECURITY CAMERAS, PARKING SPACE IMPROVEMENTS 13,000
    ALASKA BOTANICAL GARDEN INC
    4601 CAMPBELL AIRSTRIP RD
    ANCHORAGE,AK99507     		  PC TWO ART INSTALLATIONS 2,500
    ALASKA CENTER FOR THE PERFORMING ARTS
    621 W 6TH AVE
    ANCHORAGE,AK99501     		  PC CAPITAL: SPOTLIGHT REPLACEMENT PROJECT 25,000
    ALASKA CENTER FOR THE PERFORMING ARTS
    621 W 6TH AVE
    ANCHORAGE,AK99501     		  PC CAPITAL: NEW DONOR RECOGNITION DISPLAY 25,000
    ALASKA COMMUNITY FOUNDATION
    3201 C ST SUITE 110
    ANCHORAGE,AK99503     		  PC ALASKA CENTER FOR EXCELLENCE IN JOURANLISM - IN DEPTH REPORTING FUND 130,000
    ALASKA DANCE THEATRE
    550 EAST 33RD AVENUE
    ANCHORAGE,AK99503     		  PC ADT'S PERFORMING COMPANY 20,000
    ALASKA DANCE THEATRE
    550 EAST 33RD AVENUE
    ANCHORAGE,AK99503     		  PC VIRTUAL NUTRCRACKER 2020 5,000
    ALASKA HUMANITIES FORUM
    421 W 1ST AVE SUITE 200
    ANCHORAGE,AK99501     		  PC LEADERSHIP ANCHORAGE + CONVERSATION PROGRAMMING 15,000
    ALASKA JAZZ WORKSHOP
    1600 WOLVERINE ST
    ANCHORAGE,AK99504     		  PC TWO PROJECTS: APRIL FIELD TRIP AND AUG 3-8 SUMMER JAZZ CAMP 7,000
    ALASKA JUNIOR THEATER
    430 W 7TH AVE SUITE 30
    ANCHORAGE,AK99501     		  PC RECOVER LOST REVENUE DUE TO COVID-19 CLOSURE OF ALASKA CENTER FOR THE PERFORMING ARTS 25,000
    ALASKA JUNIOR THEATER
    430 W 7TH AVE SUITE 30
    ANCHORAGE,AK99501     		  PC SEASON SUPPORT: BUS TRANSPORTATION/REBUILD RESERVES 55,000
    ALASKA MUSIC ARCHIVES
    355 WEST POTTER DR
    ANCHORAGE,AK99518     		  PC RESEARCH AND DIGITIZE THE RECORDINGS FROM THE PREVIOUS DECADE 14,000
    ALASKA NATIVE HERITAGE CENTER
    8800 HERITAGE CENTER DR
    ANCHORAGE,AK99504     		  PC MAKE UP A PORTION OF LOST SUMMER TOURIST REVENUE 17,000
    ALASKA NATIVE MEDIA GROUP
    PO BOX 90398
    ANCHORAGE,AK99509     		  PC VIRTUAL ALASKA NATIVE AUTHOR BOOK FAIR 1,000
    ALASKA PACIFIC UNIVERSITY
    4101 UNIVERSITY DR
    ANCHORAGE,AK99508     		  PC ATWOOD DISTINGUISHED AND PERFORMANCE SCHOLARSHIPS 150,000
    ALASKA PRESS CLUB
    PO BOX 143426
    ANCHORAGE,AK99514     		  PC PROFESSIONAL DEVELOPMENT FOR WORKING JOURNALISTS 80,000
    ALASKA SCHOOL ACTIVITIES ASSOCIATION
    4048 LAUREL ST SUITE 203
    ANCHORAGE,AK99508     		  PC ART INSTALLATION 12,000
    ALASKA SEALIFE CENTER
    PO BOX 1329
    SEWARD,AK99664     		  PC EMERGENCY OPERATING SUPPORT 10,000
    ALASKA SOUND CELEBRATION
    PO BOX 91749
    ANCHORAGE,AK99509     		  PC VIRTUAL SHOW, MASTERCLASSES AND SCHOLARSHIPS 8,000
    ALASKA WILDLIFE CONSERVATION CENTER
    PO BOX 949
    GIRDWOOD,AK99587     		  PC EMERGENCY OPERATING SUPPORT 10,000
    ALASKA WORLD AFFAIRS COUNCIL
    406 G ST SUITE 207
    ANCHORAGE,AK99501     		  PC REPLACE BP AS SPONSOR OF STUDENT MEMBERSHIP PROGRAM 20,000
    ALASKA WORLD ARTS FESTIVAL
    556 WORLD ARTS WAY
    HOMER,AK99603     		  PC WRITERS AT ARTS FESTIVAL IN HOMER, AK SEPT 11-24 7,500
    ALASKA YOUTH ORCHESTRAS
    PO BOX 240541
    ANCHORAGE,AK99524     		  PC AYS 20/21 SEASON SUPPORT 12,000
    ALASKA ZOO
    4731 OMALLEY RD
    ANCHORAGE,AK99507     		  PC REPLACE SOME LOST REVENUE FROM COVID-19 CLOSURE TO SUPPORT EDUCATION PROGRAM STAFFING 10,000
    ANCHORAGE CIVIC ORCHESTRA
    PO BOX 233256
    ANCHORAGE,AK99523     		  PC ACO EXPENSES FOR 20/21 SEASON 5,000
    ANCHORAGE COMMUNITY THEATRE
    1133 E 70TH AVENUE
    ANCHORAGE,AK99518     		  PC SEASON SUPPORT 2020/21 17,000
    ANCHORAGE CONCERT ASSOCIATION
    430 W 7TH AVE SUITE 200
    ANCHORAGE,AK99501     		  PC COMMUNITY ENGAGEMENT PROGRAMS 60,000
    ANCHORAGE CONCERT CHORUS
    PO BOX 100364
    ANCHORAGE,AK99510     		  PC GENERAL OPERATING SUPPORT 17,500
    ADP COMMUNITY SERVICES
    333 W 4TH AVE SUITE 317
    ANCHORAGE,AK99501     		  PC LIVE AFTER FIVE VIRTUAL CONCERT SERIES + NEW YEARS EVE FIREWORKS 20,000
    ANCHORAGE FINE ARTS SOCIETY
    6910 CATINE CIR
    ANCHORAGE,AK99507     		  PC SUMMER CAMP SCHOLARSHIP FOR ANCHORAGE YOUTH JUNE 8 - JULY 26 7,000
    ANCHORAGE INTERNATIONAL FILM FESTIVAL
    200 W 34TH AVE BOX 136
    ANCHORAGE,AK99503     		  PC FILMMAKER TRAVEL, MARKETING 8,000
    ANCHORAGE MUSEUM ASSOCIATION
    625 C ST
    ANCHORAGE,AK99501     		  PC 2020 SUPPORT MULTIPLE PROJECTS 115,000
    ANCHORAGE OPERA
    1507 SPAR AVE
    ANCHORAGE,AK99501     		  PC 2020/21 SEASON SUPPORT 75,000
    ANCHORAGE SYMPHONY ORCHESTRA
    400 D ST STE 230
    ANCHORAGE,AK99501     		  PC 2020/21 SEASON SUPPORT 75,000
    ANCHORAGE SYMPHONY ORCHESTRA
    400 D ST STE 230
    ANCHORAGE,AK99501     		  PC CONDUCTOR SEARCH TO REPLACE MAESTRO RANDALL FLEISCHER 20,000
    BUNNELL STREET ARTS CENTER
    106 W BUNNELL ST
    HOMER,AK99603     		  PC PERFORMANCE FEES ANIKAYA BUTHOH THEATRE FROM JAPAN OCT 18 - 27 5,000
    CYRANO'S THEATER COMPANY
    3800 DEBARR RD
    ANCHORAGE,AK99508     		  PC GENERAL SUPPORT 42,000
    CYRANO'S THEATER COMPANY
    3800 DEBARR RD
    ANCHORAGE,AK99508     		  PC GENERAL SUPPORT 25,000
    ENLACES
    PO BOX 93466
    ANCHORAGE,AK99509     		  PC 2021 HISPANIC CULTURAL CALENDAR IN THE LOCAL SPANISH LANGUAGE NEWSPAPER SOL DE MEDIANOCHE 2,500
    FOOD BANK OF ALASKA
    2121 SPAR AVENUE
    ANCHORAGE,AK99501     		  PC PURCHASE AND EQUIP LARGER FOOD WAREHOUSE 10,000
    FORAKER GROUP
    161 KLEVIN ST SUITE 101
    ANCHORAGE,AK99508     		  PC ASSISTANCE TO AWOOD FOUNDATION GRANTEES IMPACTED BY COVID-19 20,000
    GIRDWOOD ART INSTITUTE
    PO BOX 1034
    GIRDWOOD,AK99587     		  PC GIRDWOOD FINE ARTS CAMP 3,000
    KEYS TO LIFE
    200 W 34TH AVE 902
    ANCHORAGE,AK99503     		  PC LULLABY PROJECT AT HIGHLAND WOMEN'S PRISON 12,000
    KOAHNIC BROADCAST COMPANY
    3600 SAN JERONIMO DR 480
    ANCHORAGE,AK99508     		  PC PRODUCTION OF "INDIGIFI" SERIES 15,000
    NORTHERN CULTURE EXCHANGE
    645 G STREET SUITE 100-866
    ANCHORAGE,AK99501     		  PC PARLOR IN THE ROUND SEASON 7 10,000
    NORTHERN CULTURE EXCHANGE
    645 G STREET SUITE 100-866
    ANCHORAGE,AK99501     		  PC AKIMI 2020 ACTIVITIES 22,000
    NORTHERN CULTURE EXCHANGE
    645 G STREET SUITE 100-866
    ANCHORAGE,AK99501     		  PC UNDER 21 OPEN MIC 1,000
    NORTHERN CULTURE EXCHANGE
    645 G STREET SUITE 100-866
    ANCHORAGE,AK99501     		  PC SPENARD JAZZ FEST 20,000
    OUT NORTH
    333 W 4TH AVE SUITE 317
    ANCHORAGE,AK99501     		  PC MULIPLE PROJECTS, PRODUCTIONS, RADIO 10,000
    PERSEVERANCE THEATER INC
    914 3RD ST
    DOUGLAS,AK99824     		  PC 2020/21 ANCHORAGE SEASON 25,000
    PULSE DANCE COMPANY
    2422 EAST TUDOR RD
    ANCHORAGE,AK99503     		  PC LOSSES FROM CANCELLATION / SEASON 11 SUPPORT 25,000
    SITKA SUMMER MUSIC FESTIVAL
    PO BOX 3333
    SITKA,AK99835     		  PC ANCHORAGE CONCERTS: FALL 2020 AND WINTER 2021 17,000
    SPIRIT OF YOUTH
    203 W 15TH AVE SUITE 103
    ANCHORAGE,AK99501     		  PC SCHOLARSHIP AWARDS 4/17 @ ACPA 4,000
    UNIVERSITY OF ALASKA FOUNDATION
    1815 BRAGAW ST SUITE 203
    ANCHORAGE,AK99508     		  PC UAA JPC ELAINE ATWOOD JOURNALISM SCHOLARSHIPS 50,000
    UNIVERSITY OF ALASKA FOUNDATION
    1815 BRAGAW ST SUITE 203
    ANCHORAGE,AK99508     		  PC UAA SEAWOLF DEBATE 13,500
    Total .................................bullet 3a 1,445,500
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 14  
    4 Dividends and interest from securities.... 523000 55 14 194,440  
    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 ............     		523000 -10 18 2,556,034  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aALTERNATIVE INVESTMENTS     		901101 -14,773 01 397,074  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. -14,728 3,147,562 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    3,132,834
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2020
    Name of the organization
    ATWOOD FOUNDATION INC
     
    Employer identification number

    92-6002571
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    ATWOOD FOUNDATION INC
          		Employer identification number
    92-6002571
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    ATWOOD ESTATE
     
    301 W NORTHERN LIGHTS BLVD 412
     
    ANCHORAGE, AK99503

    		$ 1,179,194


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    ATWOOD FOUNDATION INC
          		Employer identification number

    92-6002571
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    ATWOOD FOUNDATION INC
          		Employer identification number

    92-6002571
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2020 AccountingFeesSchedule
    Name:
    ATWOOD FOUNDATION INC
    EIN:
    92-6002571
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 39,166 17,625   21,706

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    ATWOOD FOUNDATION INC
    EIN:
    92-6002571
    Name of Stock End of Year Book Value End of Year Fair Market Value
    DODGE AND COX INTERNATIONAL 268,604 268,604
    PRIMECAP ODYSSEY GROWTH FUND 1,243,752 1,243,752
    HARRIS AND ASSOCIATES 8,137,257 8,137,257
    1LIFE HEALTHCARE INC 16,893 16,893
    AMERICAN AIRLINES GROUP INC 15,975 15,975
    ARDELYX INC 317 317
    BEYOND MEAT INC 13,875 13,875
    CITIGROUP INC 24,664 24,664
    DELTA AIR LINES INC 3,016 3,016
    ENPHASE ENERGY INC 35,094 35,094
    FITBIT INC 38,141 38,141
    ILLINOIS TOOL WORKS INC 2,446,560 2,446,560
    LNARI MED INC 36,225 36,225
    INSPIRE MEDICAL SYSTEMS 5,831 5,831
    INTEL CORP 149,460 149,460
    MADRIGAL PHARMACEUTICALS 667 667
    MICROSOFT CORP 444,840 444,840
    NUTANIX INC 14,342 14,342
    PROGYNY LNC 9,665 9,665
    RESOLUTE FOREST PRODUCTS 6,095 6,095
    SLACK TECHNOLOGIES INC 37,847 37,847
    SMARTSHEET INC 13,442 13,442
    SOLAREDGE TECHNOLOGY 12,127 12,127
    UBER TECHNOLOGIES INC 474,300 474,300
    UNITED AIRLINES HOLDINGS INC 20,803 20,803
    WELLS FARGO & CO 905,400 905,400

    TY 2020 InvestmentsOtherSchedule2
    Name:
    ATWOOD FOUNDATION INC
    EIN:
    92-6002571
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    HILLCREST CDO I LTD FMV 25 25
    SHORENSTEIN SRI VII REIT FMV 391 391
    SOLSTICE ABS CDO III FMV 625 625
    CERBERUS INSTITUTIONAL REAL ESTATE II LP FMV 6,899 6,899
    ENCAP ENERGY CAPITAL FUND VI-B LP FMV 9,046 9,046
    ENCAP ENERGY CAPITAL FUND V LP FMV 15,818 15,818
    PRECISION CAPITAL SPECIAL OPPORTUNITIES FUND II LP FMV 11,330 11,330
    TEPPCO CRUDE OIL LLC FMV 15,000 15,000
    CARMEL PARTNERS INVESTMENT FUND VII LP FMV 35,902 35,902
    CERBERUS LEVERED LOAN OPPORTUNITES (OFFSHORE) IV LP FMV 199,825 199,825
    PRECISION CAPITAL SPECIAL OPPORTUNITIES FUND III LP FMV 25,939 25,939
    WICKS COMMUNICATIONS & MEDIA III LP FMV 4,564 4,564
    LS POWER EQUITY PARTNERS II PIE LP FMV 20,426 20,426
    LS POWER EQUITY PARTNERS IV LP FMV 269,861 269,861
    SHORENSTEIN SRI IX REIT FMV 25,983 25,983
    ENCAP ENERGY CAPITAL FUND VII-B LP FMV 23,429 23,429
    PRECISION CAPITAL SPECIAL OPPORTUNITIES FUND IV LP FMV 64,981 64,981
    ABRY ADVANCED SECURITIES IV LP FMV 317,619 317,619
    SWANSON RIVER FMV 125,000 125,000
    CARMEL PARTNERS INVESTMENT FUND II LP FMV 201 201
    ABRY PARTNERS IX LP FMV 364,631 364,631
    CARMEL PARTNERS INVESTMENT FUND III LP FMV 156,129 156,129
    CERBERUS INSTITUTIONAL REAL ESTATE III LP FMV 166,688 166,688
    ENCAP ENERGY CAPITAL FUND XI-C LP FMV 212,993 212,993
    CARMEL PARTNERS INVESTMENT FUND VI LP FMV 330,173 330,173
    ENCAP ENERGY CAPITAL FUND VIII-B LP FMV 200,071 200,071
    ABRY ADVANCED SECURITIES FUND III LP FMV 424,474 424,474
    CARMEL PARTNERS INVESTMENT FUND IV LP FMV 283,077 283,077
    ENCAP FLATROCK MIDSTREAM FUND II-C LP FMV 157,012 157,012
    ENCAP FLATROCK MIDSTREAM FUND IV-C LP FMV 411,908 411,908
    SHORENSTEIN SRI VIII REIT FMV 400,862 400,862
    CERBERUS INSTITUTIONAL REAL ESTATE IV LP FMV 420,655 420,655
    ABRY PARTNERS VIII LP FMV 314,076 314,076
    CERBERUS LEVERED LOAN OPPORTUNITES (OFFSHORE) III LP FMV 350,158 350,158
    PRECISION CAPITAL SPECIAL OPPORTUNITIES FUND V LP FMV 413,241 413,241
    CARMEL PARTNERS INVESTMENT FUND V LP FMV 547,673 547,673
    GRIDIRON ENERGY FEEDER I LP FMV 537,441 537,441
    DARWIN VENTURE CAPITAL FUND OF FUNDS LP FMV 561,490 561,490
    ENCAP ENERGY CAPITAL FUND IX-C LP FMV 328,984 328,984
    LS POWER EQUITY PARTNERS III LP FMV 712,711 712,711
    INVENTUS CAPITAL PARTNERS FUND II LTD FMV 726,530 726,530
    ENCAP FLATROCK MIDSTREAM FUND III-C LP FMV 774,083 774,083
    ENCAP ENERGY CAPITAL FUND X-C LP FMV 641,450 641,450
    NEW VERNON INDIA (CAYMAN) FUND II FMV 983,958 983,958
    PINNACLE EQUITY FUND FMV 1,702,975 1,702,975
    DARWIN VENTURE CAPITAL FUND OF FUNDS II LP FMV 2,154,085 2,154,085
    TCW WORLDWIDE OPPORTUNITIES FUND FMV 2,758,417 2,758,417
    PINNACLE INTERNATIONAL FMV 3,348,355 3,348,355
    INTECH US LARGE CAP GROWTH FUND LLC FMV 6,921,705 6,921,705
    AK INVESTMENT GROUP FMV 6,200 6,200
    DARWIN VENTURE CAPITAL FUND OF FUNDS V LP FMV 345,000 345,000
    CERBERUS INSTITUTIONAL REAL ESTATE V FMV 21,661 21,661
    TRAINER WORTHAM CBO IV FMV 50,353 50,353

    TY 2020 OtherAssetsSchedule
    Name:
    ATWOOD FOUNDATION INC
    EIN:
    92-6002571
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ART 14,610 14,610 14,610
    SECURITY DEPOSIT 1,947 1,947 1,947


    TY 2020 OtherExpensesSchedule
    Name:
    ATWOOD FOUNDATION INC
    EIN:
    92-6002571
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE EXPENSE 1,651 0   1,923
    INSURANCE 1,835 0   1,835
    BANK FEES 32,115 32,115   0
    DUES AND SUBSCRIPTIONS 1,697 0   1,697
    OTHER 2,652 0   5,055


    TY 2020 OtherIncomeSchedule2
    Name:
    ATWOOD FOUNDATION INC
    EIN:
    92-6002571
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ALTERNATIVE INVESTMENTS 382,300 -99,181 382,301


    TY 2020 OtherIncreasesSchedule
    Name:
    ATWOOD FOUNDATION INC
    EIN:
    92-6002571
    Description Amount
    UNREALIZED GAIN ON INVESTMENTS 1,914,894


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    ATWOOD FOUNDATION INC
    EIN:
    92-6002571
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PASSTHROUGH INVESTMENT EXPENSES 0 198,262   0
    INVESTMENT MANAGEMENT 233,399 233,399   0
    ARCHIVAL SERVICES 0 0   125,405


    TY 2020 TaxesSchedule
    Name:
    ATWOOD FOUNDATION INC
    EIN:
    92-6002571
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 31,254 0   0
    FOREIGN TAX 0 3,977   0
    STATE TAX 250 0   0