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
SEXTON FAMILY FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)8645 COLLEGE BLVD SUITE 100
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
OVERLAND PARK, KS66210

A Employer identification number

27-6968226

B Telephone number (see instructions)

(913) 451-9200

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

$2,964,755J 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	(c) Adjusted net 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	2,669		2,669	2,669
4	Dividends and interest from securities...	35,516		35,516	35,516
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		-257,142
b	Gross sales price for all assets on line 6a 705,383
7	Capital gain net income (from Part IV, line 2)...
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).......		20,627	20,627	20,627
12	Total. Add lines 1 through 11........	-198,330		58,812	58,812
13	Compensation of officers, directors, trustees, etc.	75,000		75,000	75,000	75,000
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		1,950	1,950	1,950	1,950
c	Other professional fees (attach schedule)....		4,527	4,527	4,527	4,527
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		5,780	5,780	5,780	5,780
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		13,982	13,982	13,982	13,982
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	101,239		101,239	101,239	101,239
25	Contributions, gifts, grants paid.......	130,000				130,000
26	Total expenses and disbursements. Add lines 24 and 25	231,239		101,239	101,239	231,239
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-429,569
b	Net investment income (if negative, enter -0-)			0
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.............	522,875	246,113	246,113
	2	Savings and temporary cash investments.........
	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)
	b	Investments—corporate stock (attach schedule).......	2,158,747	1,988,825	2,712,550
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........
	14	Land, buildings, and equipment: basis 6,092
		Less: accumulated depreciation (attach schedule)		6,092	6,092
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	2,681,622	2,241,030	2,964,755
	17	Accounts payable and accrued expenses..........	4,828	2,060
	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).........	4,828	2,060
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	2,676,794	2,238,970
	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).....	2,676,794	2,238,970
	30	Total liabilities and net assets/fund balances (see instructions).	2,681,622	2,241,030

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

2,676,794

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

-429,569

Other increases not included in line 2 (itemize) bullet

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

2,247,225

Decreases not included in line 2 (itemize) bullet

8,255

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

2,238,970

Form 990-PF (2020)

Page 3

Part IV

Capital Gains and Losses for Tax on Investment Income

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)		(b) How acquired P—Purchase D—Donation	(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1a
b
c
d
e

(e) Gross sales price		(f) Depreciation allowed (or allowable)	(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a
b
c
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a
b
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		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	0
c	All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2
3	Add lines 1 and 2...........................	3
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5
6	Credits/Payments:

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

7	Total credits and payments. Add lines 6a through 6d..............		7
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8
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
11	Enter the amount of line 10 to be: Credited to 2021 estimated tax	Refunded	11

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

$ (2) On foundation managers. bullet

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

on foundation managers. bullet

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

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

Yes

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

TIM SHERWOOD Telephone no. bullet

(816) 213-6513

Located at bullet

651 TAYLOR CIRCLELIBERTYMO ZIP+4 bullet

64068

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-)
YOUNG SEXTON	TRUSTEE 2.00	0
8804 LUSSO COURT LAS VEGAS,NV89134	TRUSTEE 2.00	0
BURTON SEXTON	TRUSTEE 2.00	0
5613 WEST 127TH TERRACE LEAWOOD,KS66209	TRUSTEE 2.00	0
ANNE KIM-SEXTON	DIRECTOR 5.00	75,000
5613 WEST 127TH TERRACE LEAWOOD,KS66209	DIRECTOR 5.00	75,000

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

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	JOHNSON COUNTY EMERGENCY MANAGEMENT 111 SOUTH CHERRY STREET, SUITE 100 OLATHE, KS 66061	50,000
2	CRISTO REY 211 LINWOOD BLVD. KANSAS CITY, MO 64111	25,000
3	THE BARSTOW SCHOOL 11511 STATE LINE ROAD KANSAS CITY, MO 64114	15,000
4	DON BOSCO CENTER 580 CAMPBELL STREET KANSAS CITY, MO 64106	10,000

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	N/A
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...................

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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 ..........

231,239

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

231,239

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

231,239

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
2 Undistributed income, if any, as of the end of 2020:
a Enter amount for 2019 only.......
b Total for prior years:20, 20, 20
3 Excess distributions carryover, if any, to 2020:
a From 2015......
b From 2016......
c From 2017......
d From 2018......
e From 2019......
fTotal of lines 3a through e........
4Qualifying distributions for 2020 from Part
XII, line 4: $ 231,239
a Applied to 2019, but not more than line 2a
b Applied to undistributed income of prior years (Election required—see instructions).....
c Treated as distributions out of corpus (Election required—see instructions)........
d Applied to 2020 distributable amount.....
e Remaining amount distributed out of corpus		231,239
5 Excess distributions carryover applied to 2020.
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		231,239
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........
e Undistributed income for 2019. Subtract line 4a from line 2a. Taxable amount—see instructions .............
f Undistributed income for 2020. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2021 ..........
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......
8 Excess distributions carryover from 2015 not applied on line 5 or line 7 (see instructions) ...
9Excess distributions carryover to 2021. Subtract lines 7 and 8 from line 6a ......
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)

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

2010-12-16

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
	0				0
b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....	231,239	227,098	198,578	194,524	851,439
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 ....	231,239	227,098	198,578	194,524	851,439
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...					0
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).)

YOUNG SEXTON

BURTON SEXTON

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:

YOUNG SEXTON
8804 LUSSO COURT
LAS VEGAS,NV89134
(702) 577-0236
YOUNG@WINGGATETRAVEL.COM

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

THERE IS NO SPECIFIC FORM FOR SUBMISSION REGARDING GRANTS

cAny submission deadlines:

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

Form 990-PF (2020)

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
UNIVERSITY OF NC WILMINGTON 601 SOUTH COLLEGE ROAD WILMINGTON,NC28403			EDUCATION	5,000
HARVESTERS 3801 TOPPING AVENUE KANSAS CITY,MO64129			EDUCATION	10,000
CRISTO REY 211 LINWOOD BLVD KANSAS CITY,MO64111			EDUCATION	25,000
CATHOLIC CHARITIES OF NE KANSAS 333 EAST POPLAR STREET OLATHE,KS66061			EDUCATION	5,000
MEALS ON WHEELS 7810 WEST 79TH STREET OVERLAND PARK,KS66204			EDUCATION	5,000
ROCKHURST UNIVERSITY 1100 ROCKHURST ROAD KANSAS CITY,MO64110			EDUCATION	5,000
DON BOSCO CENTER 580 CAMPBELL STREET KANSAS CITY,MO64106			EDUCATION	10,000
THE BARSTOW SCHOOL 11511 STATE LINE ROAD KANSAS CITY,MO64114			EDUCATION	15,000
JOHNSON COUNTY EMERGENCY MGMT 111 SOUTH CHERRY STREET OLATHE,KS66061			EDUCATION	50,000
Total ................................. 3a				130,000

bApproved for future payment

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

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 ...........					2,669
4 Dividends and interest from securities....					35,516
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.....					20,627
8 Gain or (loss) from sales of assets other than inventory ............					-257,142
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)..					-198,330

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

-198,330

(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:

SEXTON FAMILY FOUNDATION

EIN:

27-6968226

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING	1,950	1,950	1,950	1,950

- TIN:

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

TY 2020 GainLossSaleOtherAssetsSch

Name:

SEXTON FAMILY FOUNDATION

EIN:

27-6968226

Name	Date Acquired	How Acquired	Date Sold	Gross Sales Price	Basis	Total (net)
ABBOTT LABORATORIES	2018-11	PURCHASE	2020-05	2,280	1,800	480
AMAZON COM INC		PURCHASE	2020-08	16,053	8,532	7,521
APPLE COMPUTER INC	2018-08	PURCHASE	2020-06	3,255	2,097	1,158
APPLE COMPUTER INC	2018-11	PURCHASE	2020-08	5,719	2,523	3,196
BECTON DICKINSON & CO		PURCHASE	2020-10	10,605	9,105	1,500
BOEING CO		PURCHASE	2020-05	4,872	9,297	-4,425
DEVELOPED MARKETS INDEX		PURCHASE	2020-08	67,440	68,060	-620
ECOLAB INC		PURCHASE	2020-06	3,978	2,827	1,151
EQUITY BANCSHARES INC		PURCHASE	2020-02	156,909	193,144	-36,235
EQUITY BANCSHARES INC		PURCHASE	2020-04	86,374	193,144	-106,770
EQUITY BANCSHARES INC		PURCHASE	2020-05	90,369	193,937	-103,568
EXXON MOBIL CORP		PURCHASE	2020-03	3,086	6,748	-3,662
GENUINE PARTS CO	2019-01	PURCHASE	2020-03	5,381	6,642	-1,261
MANNING & NAPIER INT'L		PURCHASE	2020-08	55,705	45,692	10,013
OZARK INT'L FUND	2019-02	PURCHASE	2020-08	45,445	50,934	-5,489
PHILLIPS 66		PURCHASE	2020-05	5,408	7,819	-2,411
RAYTHEON TECHNOLOGIES CORP		PURCHASE	2020-11	7,307	8,055	-748
SEAFARER OVERSEAS GROWTH	2015-05	PURCHASE	2020-09	11,345	11,462	-117
TRIBUTARY SMALL CO	2019-01	PURCHASE	2020-08	47,526	50,057	-2,531
VF CORP		PURCHASE	2020-03	5,925	6,741	-816
VENTAS INC		PURCHASE	2020-03	3,321	6,287	-2,966
VIATRIS INC		PURCHASE	2020-12	287	296	-9
BECTON DICKINSON & CO		PURCHASE	2020-12	5,892	6,042	-150
BOEING CO	2020-03	PURCHASE	2020-05	609	829	-220
CHUBB LTD		PURCHASE	2020-10	14,279	15,058	-779
CISCO SYSTEMS INC		PURCHASE	2020-11	8,035	9,328	-1,293
COMCAST CORP NEW		PURCHASE	2020-05	10,007	11,579	-1,572
DELTA AIR LINES INC		PURCHASE	2020-05	2,713	6,688	-3,975
PHILLPS 66	2020-03	PURCHASE	2020-05	1,442	1,026	416
RAYTHEON TECHNOLOGIES CORP	2020-03	PURCHASE	2020-04	37	48	-11
RAYTHEON TECHNOLOGIES CORP		PURCHASE	2020-11	2,423	2,583	-160
TRUIS FINANCIAL CORP		PURCHASE	2020-05	4,460	6,577	-2,117
VALERO ENERGY CORP	2020-05	PURCHASE	2020-10	5,724	8,252	-2,528
VIATRIS INC	2020-05	PURCHASE	2020-11	3	3
VIATRIS INC		PURCHASE	2020-12	140	120	20
WASTE MANAGEMENT INC DEL	2020-05	PURCHASE	2020-11	11,029	9,193	1,836

- TIN:

TY 2020 InvestmentsCorpStockSchedule

Name:

SEXTON FAMILY FOUNDATION

EIN:

27-6968226

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ABBOTT LABS	12,230	19,708
ABBVIE INC	9,105	10,715
ACCENTURE	13,186	23,509
ALPHABET INC	16,095	31,548
AMAZON COM INC	20,064	48,854
AMERICAN TOWER CORP	10,709	10,101
AMERICAN WATER WORKS CO INC	10,055	13,045
APPLE INC	22,912	75,368
AT&T INC	15,800	13,949
BANK OF AMERICA CORP	17,654	20,156
BECTON DICKINSON & CO
BLACKROCK INC	10,186	18,039
BOEING CO
BROWN FORMAN CORP
BROADCOM INC	13,358	26,271
BROWN FORMAN CORP	10,669	15,886
CATERPILLAR INC DEL	11,474	17,838
CHEVRON CORP	12,306	9,712
CHUBB LTD
CISCO SYSTEMS INC
CME GROUP INC	15,327	18,205
COMCAST CORP NEW
COSTCO WHOLESALE CORP	13,804	26,375
DANAHER CORP DEL	9,994	9,996
DELTA AIR LINES INC
DISNEY WALT CO	10,636	18,118
DUKE ENERGY HLDG CORP	19,468	21,059
DUKE REALTY CORP	10,568	12,391
EATON CORP	14,081	17,300
ECOLAB INC	13,891	18,823
EDWARDS LIFESCIENCES CORP	15,075	17,242
EQUITY BANCSHARES LLC
EXXON MOBIL CORP
FACEBOOK INC	8,984	19,121
GENUINE PARTS CO
HOME DEPOT INC	19,913	27,890
HONEYWELL INTERNATIONAL INC	14,018	18,080
INTUIT	10,939	24,690
JOHNSON & JOHNSON	19,215	22,820
JPMORGAN & CHASE	17,194	26,049
LINDE PUBLIC LIMITED CO	12,340	19,763
MASTERCARD INC	11,994	28,555
MCDONALDS CORP	17,721	19,741
MEDTRONIC PIC	12,943	15,228
MERCK & CO INC	14,667	15,133
MICROSOFT CORP	27,080	55,605
MORGAN STANLEY CO	10,016	13,295
NEXTERA ENERGY INC	12,271	23,145
PEPSICO INC	11,446	14,830
PFIZER INC	7,333	7,178
PHILLIPS 66
PROCTOR & GAMBLE CO	11,348	16,697
RAYTHEON CO
REALTY INCOME CORP	8,229	7,150
ROCKWELL AUTOMATION INC	8,831	10,032
SALESFORCE.COM INC	11,603	16,690
TARGET CORP	10,337	21,184
TEXAS INSTUMENTS INC	15,348	27,081
TRAVELERS COMPANIES INC	14,027	17,266
TRUIST FINANCIAL CORP
UNION PACIFIC CORP	16,045	22,904
UNITED PARCEL SERVICES INC	10,640	15,998
UNITED HEALTH GROUP INC	16,425	28,054
VERIZON COMMUNICATIONS INC	13,795	14,688
VENTAS INC
VF CORP
WALGREENS BOOTS ALLIANCE	9,612	9,371
WAL MART STORES INC	11,335	17,298
BAILLIE GIFFORD INT'L	157,934	181,284
CHAMPLAIN MID CAP	76,860	103,748
DEVELOPED MARKETS INDEX FUND ADMIRAL	274,904	347,095
DRIEHAUS EMERGING MARKETS GROWTH	64,079	70,727
DRIEHAUS SMALL CAP GROWTH FUND	48,565	62,757
MANNING NAPIER FUNDS	39,527	67,287
NUANCE MID CAP VALUE	130,437	159,429
OAKMARK INT'L FUND INSTITUTIONAL	178,187	205,657
PRINCIPAL BLUE CHIP R6	66,521	95,205
SEAFARER OVERSEAS GROWTH INCOME FUND	59,641	74,347
TRIBUTARY SMALL CO INSTITUTIONAL	72,299	85,070
VANGUARD INSTITUTIONAL INDEX	105,575	170,200

- TIN:

TY 2020 LandEtcSchedule2

Name:

SEXTON FAMILY FOUNDATION

EIN:

27-6968226

Category / Item	Cost / Other Basis	Accumulated Depreciation	Book Value	End of Year Fair Market Value
OFFICE EQUIPMENT	982		982	982
TRANSPORTATION EQUIPMENT	5,110		5,110	5,110

- TIN:

TY 2020 OtherDecreasesSchedule

Name:

SEXTON FAMILY FOUNDATION

EIN:

27-6968226

Description	Amount
NON-DEDUCTIBLE EXPENSES	8,255

- TIN:

TY 2020 OtherExpensesSchedule

Name:

SEXTON FAMILY FOUNDATION

EIN:

27-6968226

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
EXPENSES
BROKER FEES	11,448	11,448	11,448	11,448
INSURANCE	1,475	1,475	1,475	1,475
PERMITS & LICENSE	35	35	35	35
OFFICE EXPENSE	1,024	1,024	1,024	1,024

- TIN:

TY 2020 OtherIncomeSchedule2

Name:

SEXTON FAMILY FOUNDATION

EIN:

27-6968226

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
CAPITAL GAIN DISTRIBUTIONS	20,605	20,605	20,605
UNRECAPTURED SECT 1250 GAIN	22	22	22

- TIN:

TY 2020 OtherProfessionalFeesSchedule

Name:

SEXTON FAMILY FOUNDATION

EIN:

27-6968226

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
PROFESSIONAL FEES	4,527	4,527	4,527	4,527

- TIN:

TY 2020 TaxesSchedule

Name:

SEXTON FAMILY FOUNDATION

EIN:

27-6968226

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
PAYROLL TAXES	5,780	5,780	5,780	5,780