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
THE LANBOURN CHARITABLE FOUNDATION
C/O JUSTIN JASCHKE
Number and street (or P.O. box number if mail is not delivered to street address)7001 E BELLEVIEW AVE NO 700
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
DENVER, CO80237
A Employer identification number

84-1549683
B Telephone number (see instructions)

(303) 770-5700
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$2,291,202J 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) 2,240
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 36,338 36,338  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -72,053
b Gross sales price for all assets on line 6a 495,674
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 343 343  
12 Total. Add lines 1 through 11........ -33,132 36,681  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
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 2,240 784   1,456
c Other professional fees (attach schedule).... Click to see attachment 10,253 10,253   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 11,703 2,063   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 45 0   45
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 24,241 13,100   1,501
25 Contributions, gifts, grants paid....... 121,000 121,000
26 Total expenses and disbursements. Add lines 24 and 25 145,241 13,100   122,501
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -178,373
b Net investment income (if negative, enter -0-) 23,581
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......... 91,781 71,683 71,683
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 2,053,875 Click to see attachment1,895,600 2,219,519
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)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,145,656 1,967,283 2,291,202
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 2,145,656 1,967,283
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)..... 2,145,656 1,967,283
30 Total liabilities and net assets/fund balances (see instructions). 2,145,656 1,967,283
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
2,145,656
2
Enter amount from Part I, line 27a .....................
2
-178,373
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
1,967,283
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
1,967,283
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES      
b PUBLICLY TRADED SECURITIES      
c CAPITAL GAINS DIVIDENDS P    
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 481,142   564,306 -83,164
b 3,950   3,421 529
c 10,582     10,582
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       -83,164
b       529
c       10,582
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 -72,053
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................................ 1 328
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........................... 3 328
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- ..... 5 328
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 2,000
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 2,000
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 1,672
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet0 RefundedBullet 11 1,672
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
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCO
    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 addressbulletN/A
    14
    The books are in care ofbulletTHE FOUNDATION Telephone no.bullet (303) 770-5700

    Located atbullet7001 E BELLEVIEW AVE STE 700DENVERCO ZIP+4bullet80237
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    JUSTIN JASCHKE PRESIDENT
    0.50     		0 0 0
    7001 E BELLEVIEW AVE STE 700
    DENVER,CO80237
    ANN GAIL SECRETARY/TREASURER
    0.50     		0 0 0
    7001 E BELLEVIEW AVE STE 700
    DENVER,CO80237
    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
    NONE
    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
    1,925,640
    b
    Average of monthly cash balances.......................
    1b
    194,633
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,120,273
    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
    2,120,273
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    31,804
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,088,469
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    104,423
    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
    104,423
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    328
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    328
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    104,095
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    104,095
    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
    104,095
    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
    122,501
    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
    122,501
    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
    122,501
    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 7 104,095
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 77,604
    b From 2016...... 92,335
    c From 2017...... 61,355
    d From 2018...... 20,340
    e From 2019...... 14,875
    fTotal of lines 3a through e........ 266,509
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 122,501
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		Click to see attachment0
    d Applied to 2020 distributable amount..... 104,095
    e Remaining amount distributed out of corpus 18,406
    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 5 284,915
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		77,604
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		207,311
    10 Analysis of line 9:
    a Excess from 2016.... 92,335
    b Excess from 2017.... 61,355
    c Excess from 2018.... 20,340
    d Excess from 2019.... 14,875
    e Excess from 2020.... 18,406
    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).)
    JUSTIN JASCHKE
    ANN GAIL
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    TEACH FOR AMERICA COLORADO
    1391 SPEER BLVD 710
    DENVER,CO80204     		NONE PC GENERAL SUPPORT 2,500
    UNIVERSITY OF PUGET SOUND
    1500 N WARNER ST 1011
    TACOMA,WA98416     		NONE PC JUSTIN JASCHKE AND ANN GAIL ENDOWED TRUSTEE SCHOLARSHIP FUND, PUGET SOUND ALUMNI FUND AND GENERAL SUPPORT. 75,000
    UVA LAW SCHOOL
    580 MASSIE ROAD
    CHARLOTTESVILLE,VA229031738     		NONE PC CURRENT USE FUND 5,000
    YOUTH ADVOCACY FOUNDATION
    100 CAMBRIDGE STREET 14TH FLOOR
    BOSTON,MA02114     		NONE PC GENERAL SUPPORT 10,000
    DENVER SCHOOL OF SCIENCE AND TECHNOLOGY
    2000 VALENTIA ST
    DENVER,CO80238     		NONE PC GENERAL SUPPORT 25,000
    COLGATE UNIVERSITY
    13 OAK DR
    HAMILTON,NY13346     		NONE PC COLGATE FUND 2,000
    DENVER MUSEUM OF NATURE AND SCIENCE
    2001 COLORADOBLVD
    DENVER,CO80205     		NONE PC SPACE ODYSSEY EXHIBITION 500
    MIDDLEBURY COLLEGE
    14 OLD CHAPEL RD
    MIDDLEBURY,VT05753     		NONE PC PARENTS' FUND 1,000
    Total .................................bullet 3a 121,000
    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 ...........     		         
    4 Dividends and interest from securities....     14 36,338  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 -72,053  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aOTHER INVESTMENT INCOME     		    14 343  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 -35,372 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    -35,372
    (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

    TY 2020 AccountingFeesSchedule
    Name:
    THE LANBOURN CHARITABLE FOUNDATION
     
    C/O JUSTIN JASCHKE
    EIN:
    84-1549683
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 2,240 784   1,456

    TY 2020 DistributionFromCorpusElection
    Name:
    THE LANBOURN CHARITABLE FOUNDATION
     
    C/O JUSTIN JASCHKE
    EIN:
    84-1549683
    Election:
    PURSUANT TO CODE SECTION 4942(H) AND REGULATION SECTION 53.4942(A)-3(D)(2) THE FOUNDATION HEREBY ELECTS TO TREAT A PORTION OF THE CURRENT YEAR QUALIFYING DISTRIBUTIONS IN EXCESS OF THE IMMEDIATELY PRECEDING TAX YEAR'S UNDISTRIBUTED INCOME AS BEING MADE OUT OF CORPUS FROM THE TAX YEAR 2009. THE AMOUNT TREATED AS DISTRIBUTIONS OUT OF CORPUS IS $22,220.

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    THE LANBOURN CHARITABLE FOUNDATION
     
    C/O JUSTIN JASCHKE
    EIN:
    84-1549683
    Name of Stock End of Year Book Value End of Year Fair Market Value
    CAPITAL GROUP CORE BOND FUND 447,257 458,517
    AIR PRODS & CHEMS INC COM 4,640 4,372
    ASAHI KASEI CORP SHS 22,096 20,800
    GIVAUDAN AG DUEBENDORF ACT NOM 2,903 4,072
    L'AIR LIQUIDE CO LTD SHS 4,823 5,913
    LINDE PLC SHS 3,520 4,480
    RIO TINTO PLC SHS 3,870 5,308
    SHIN ETSU CHEMICAL CO SHS 10,666 17,865
    AMAZON COM INC. 6,943 13,028
    B&M EUROPEAN VALUE RETAIL SA REG SHS 7,959 8,558
    CIE FINANCIERE RICHEMONT AG ZUG NAMEN AKT 9,099 13,142
    COMCAST CORP CL A 16,040 19,126
    COSTCO WHOLESALE CORP NEW COM 15,027 18,839
    ESSILORLUXOTTICA SA ACT 16,835 17,165
    HERMES INTL S A SHS 5,622 7,533
    HILTON WORLDWIDE HLDGS INC COM 8,340 9,346
    HYUNDAI MTR CO SPONSORED GDR REPSTG PFD SHS 3,421 4,124
    INDUSTRIA DE DISENO TEXTIL INDITES SA SHS 16,213 15,419
    KERING SA SHS 13,347 15,271
    LAS VEGAS SANDS CORP COM 3,575 3,516
    LVMH (MOET HENNESSY LOUIS VUITTON) ORD 3,067 4,375
    NIKE INC CL B 3,602 5,517
    ROYAL CARIBBEAN GROUP 9,420 15,536
    VF CORP COM 4,704 5,552
    YUM BRANDS INC COM 8,152 9,010
    CHEVRON CORP NEW COM 20,277 15,792
    TC ENERGY CORPORATION REGISTERED SHS 4,528 3,860
    TOTAL SA EUR SHS 9,617 10,710
    AIA GROUP LTD HONG KONG SHS 30,003 37,316
    AON PLC REGISTERED SHS CL A 12,948 13,733
    CHUBB LTD COM 4,009 6,157
    CITIZENS FINL GROUP INC COM 15,565 20,169
    CME GROUP INC COM 19,051 16,749
    DBS GROUP HLDGS LTD DBSH 5,760 5,685
    DEUTSCHE BOERSE AG FRANKFURT AM MAIN NAMENS AKT 3,736 4,318
    DNB ASA SHS 13,529 15,149
    FIRST REP BK SAN FRANCISCO CALIF NEW COM 2,925 3,967
    HDFC BK LTD ADR REPSTG SHS 4,385 5,130
    INTERCONTINENTAL EXCHANGE INC COM 12,818 16,141
    JP MORGAN CHASE & CO COM 24,305 23,635
    LONDON STOCK EXCH GROUP PLC LONDON 7,703 10,588
    MARSH & MCLENNAN CO INC COM 6,796 7,839
    RENAISSANCE RE HOLDINGS LTD COM 5,396 4,809
    STATE STR CORP COM 6,030 6,114
    SVENSKA HANDELSBANKEN AB SHS PUBL SHS A 1,374 1,407
    UBS GROUP AG SHS 6,433 8,054
    ABBOTT LABS COM 15,399 19,270
    ANTHEM INC COM STK 4,270 4,816
    ASTRAZENECA PLC SHS 28,484 29,795
    BEIGENE LTD SPONSORED ADR 5,632 5,426
    CIGNA CORP NEW COM 2,063 2,082
    DANAHER CORP COM 11,088 17,327
    GALAPAGOS NV SHS 1,739 689
    GENMAB A/S SHS 6,965 12,974
    GILEAD SCIENCES INC 9,565 8,564
    GRIFOLS SA SHS 8,374 7,946
    JOHNSON & JOHNSON COM 6,090 6,453
    LILLY ELI & CO COM 6,107 8,949
    MERICK & CO INC NEW COM 10,911 11,043
    NEUROCRINE BIOSCIENCES INC COM 2,151 1,821
    NOVO NORDISK AS VORMALS NOVO INDUSTRI AS ALMINDELIG 25,123 33,054
    ROYAL PHILIPS NV SHS 13,735 16,443
    SARTORIUS AG VORZ AKT OHNE STIMMRECHT 2,410 5,044
    SEAGEN INC COM 16,149 23,644
    SHIONOGI & CO LTD SHS 3,511 3,315
    STRAUMANN HOLDING AG WALDENBURG NAMEN AKT 1,843 2,380
    TERUMO CORP SHS 7,107 8,522
    UNITEDHEALTH GROUP INC COM 19,620 24,898
    VERTEX PHARMACEUTICALS INC COM 3,983 4,254
    ZIMMER BIOMET HLDGS INC COM 4,900 5,393
    ABB LTD ZUERICH NAMEN AKT SHS 17,325 19,782
    AIRBUS SE BEARER SHS 30,746 22,736
    AMETEK INC NEW COM 9,296 13,908
    CHINA TOWER CORPORATION LIMITED REGISTERED SHS 4,617 3,235
    CSX CORP COM 11,850 15,428
    DKSH HOLDING AG ZUERICH NAMEN AKT 3,016 4,293
    DSV PANALPINA A/S BEARER AND/OR REGISTERED SHS 3,588 5,400
    EURONET WORLDWIDE INC 6,284 6,811
    GLOBAL PMTS INC COM 3,229 3,878
    HEICO CORP NEW CL A 4,531 5,268
    HEICO CORP NEW COM 4,361 4,634
    KEYENCE CORPED SHS 15,941 26,788
    MOODY'S CORP COM 12,559 16,253
    MSCI INC COM 5,389 9,377
    MURATA MFG CO LTD FIRST SECTION 2,737 4,600
    NORFOLK SOUTHN CORP COM 4,984 5,227
    NORTHROP GRUMMAN CORP COM 17,533 15,236
    RELX PLC SHS 2,230 2,327
    RYANAIR HLDGS PLC SPONSORED ADR NEW 8,008 10,448
    SAFRAN SA PARIS SHS 38,211 32,626
    TRANSDIGM GROUP INC COM 6,909 7,426
    WABTEC COM 10,276 9,443
    WAST CONNECTIONS INC COM 5,722 6,558
    ANHEUSER BUSCH INBEV SA NV SHS 9,191 13,252
    BRITISH AMERICAN TOBACCO PLC ORD SHS 15,596 14,952
    CARLSBERGRNATIONAL 22,164 25,197
    DIAGEO PLC ORD SHS 7,162 7,001
    GROUP DANONE SHS 9,213 7,366
    HONEYWELL INTL INC COM 14,307 17,229
    LOREAL SHS 13,617 18,251
    MONDELEZ INTL INC CL A 4,897 5,496
    NESTLE SA CHAM ET VEVEY SHS COM NEW 16,402 19,159
    PERNOD RICARD ORD SHS 8,393 8,632
    PHILIP MORRIS INTL INC COM 11,593 11,508
    RECKITT BENCKISER GROUP PLC SLOUGH SHS 20,486 23,604
    UNI CHARM CORP SHS 3,227 4,820
    UNILEVER PLC SHS 5,149 5,402
    ACTIVISION BLIZZARD INC COM 16,297 28,226
    ADOBE SYS INC COM 2,087 3,501
    ALPHABET INC CAP STK CL C 5,656 7,007
    ALPHABET INC CL A 8,245 10,516
    AMERICA MOVIL SAB DE C V SPONSORED ADR REPSTG SER L SHS 9,553 10,411
    APPLE INC COM 19,118 33,438
    ASML HOLDING N V SHS 25,178 44,259
    BROADCOM INC COM 30,430 42,471
    CHARTER COMMUNICATIONS INC NEW CL A 7,652 10,585
    ELECTRONIC ARTS INC COM 5,452 7,898
    FACEBOOK INC CL A 7,923 10,926
    FIDELITY NATL INFORMATION SVCS INC COM 10,065 9,619
    GODADDY INC CL A 15,524 18,747
    HAMAMATSU PHOTONICS KK SHS 8,286 11,256
    HENRY JACK & ASSOC INC COM 9,383 10,205
    INTEL CORP COM 11,095 9,516
    KLA CORP COM 9,271 15,535
    KONINKLUKE KPN NV SHS 9,245 9,122
    MICROSOFT CORP COM 17,788 26,468
    NTT NIPPON TELEGRAPH & TELEPHON CORP SHS 3,055 3,126
    PROSUS N V ADR 1,604 2,516
    SAMSUNG ELECTRS LTD NON-VTG PFD GDR SHS 10,585 15,030
    SAP AG SYSTEME ANWENDUNGEN PRODUKTE IN DER DATENVERARBEI TUNG ORD 18,054 16,763
    SERVICENOW INC COM 4,467 8,807
    SOFTBANK GROUP CORP SHS 1,737 3,676
    TAIWAN SEMICONDUCTOR MFG CO SPONSORED ADR 29,467 55,065
    TENCENT HLDGS LTD SHS PAR HKD 11,415 19,131
    TRIMBLE INC COM 3,140 6,677
    VISA INC COM CL A 25,722 31,278
    AES CORP COM 6,903 8,201
    ENEL SOCIETA PER AZION AZ 16,011 21,677
    IBERDROLA SA BILBAO SHS 6,669 9,719
    SEMPRA ENERGY COM 5,431 4,714
    AMERICAN TOWER CORP NEW COM 15,365 15,937
    COMPAGNIE FINANCIERE RICHEMONT SA WARRANT 0 74
    CROWN CASTLE INTL CORP NEW COM 11,618 13,531
    EQUINIX INC COM PAR 7,300 9,284
    LINK REAL ESTATE INVESTMENT TRUST UNITS 9,334 8,368
    ADEVINTA ASA REGISTERED SHS 3,188 4,880

    TY 2020 OtherExpensesSchedule
    Name:
    THE LANBOURN CHARITABLE FOUNDATION
     
    C/O JUSTIN JASCHKE
    EIN:
    84-1549683
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK FEES 45 0   45


    TY 2020 OtherIncomeSchedule2
    Name:
    THE LANBOURN CHARITABLE FOUNDATION
     
    C/O JUSTIN JASCHKE
    EIN:
    84-1549683
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INVESTMENT INCOME 343 343 343


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    THE LANBOURN CHARITABLE FOUNDATION
     
    C/O JUSTIN JASCHKE
    EIN:
    84-1549683
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 10,253 10,253   0


    TY 2020 TaxesSchedule
    Name:
    THE LANBOURN CHARITABLE FOUNDATION
     
    C/O JUSTIN JASCHKE
    EIN:
    84-1549683
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 9,640 0   0
    FOREIGN WITHHOLDING TAXES 2,063 2,063   0