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 SK WELLMAN FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)1801 EAST 9TH STREET NO 920
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CLEVELAND, OH44114
A Employer identification number

34-6520032
B Telephone number (see instructions)

(216) 621-1180
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$4,903,684J 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 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 87,074 87,074 87,074
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 158,694
b Gross sales price for all assets on line 6a 567,353
7 Capital gain net income (from Part IV, line 2)... 158,694
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 66 66 66
12 Total. Add lines 1 through 11........ 245,834 245,834 87,140
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 42,120 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 34,900 17,450 17,450 17,450
c Other professional fees (attach schedule).... Click to see attachment 44,611 44,611 44,611 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 3,643 2,862 2,862 781
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 125,274 64,923 64,923 18,231
25 Contributions, gifts, grants paid....... 172,000 172,000
26 Total expenses and disbursements. Add lines 24 and 25 297,274 64,923 64,923 190,231
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -51,440
b Net investment income (if negative, enter -0-) 180,911
c Adjusted net income (if negative, enter -0-)... 22,217
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......... 111,021 128,546 128,546
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)....... 2,349,218 Click to see attachment2,277,754 3,805,019
c Investments—corporate bonds (attach schedule)....... 922,915 Click to see attachment925,414 970,119
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) 3,383,154 3,331,714 4,903,684
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 3,383,154 3,331,714
29 Total net assets or fund balances (see instructions)..... 3,383,154 3,331,714
30 Total liabilities and net assets/fund balances (see instructions). 3,383,154 3,331,714
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
3,383,154
2
Enter amount from Part I, line 27a .....................
2
-51,440
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
3,331,714
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
3,331,714
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 NORTHERN TRUST ST GAINS P 2020-01-01 2020-12-31
b NORTHERN TRUST LT GAINS P 2019-01-01 2020-12-31
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 55,518   52,548 2,970
b 498,629   356,111 142,518
c 13,206     13,206
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       2,970
b       142,518
c       13,206
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 2 158,694
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 2,970
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 2,515
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 2,515
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 2,515
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 2,400
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 2,400
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 9 115
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 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)
    bulletOH
    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 ofbulletLAURENCE A BARTELL Telephone no.bullet (216) 621-1180

    Located atbullet1801 EAST 9TH STREET 920CLEVELANDOH ZIP+4bullet44114
    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
    EMILY ZEIDERS TRUSTEE
    0.50     		2,000 0 0
    463 OVERLOOK ROAD
    GATES MILLS,OH44094
    JOSHUA K PRYOR TRUSTEE
    0.50     		2,000 0 0
    1129 FOLSON STREET
    SAN FRANCISCO,CA94103
    SUZANNE W ERIKSON TRUSTEE
    0.50     		2,120 0 0
    2972 FULLER MOUNTAIN RD
    NORTH FERRISBURGH,VT05473
    LAURENCE A BARTELL TRUSTEE
    0.50     		36,000 0 0
    1801 E 9TH STREET
    CLEVELAND,OH44114
    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 THE FOUNDATION'S CHARITABLE ACTIVITY IS TO PROVIDE GRANTS TO QUALIFIED CHARITABLE ORGANIZATIONS. DURING 2020 THE FOUNDATION MADE GRANTS TO 75 ORGANIZATIONS. 0
    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
    4,318,146
    b
    Average of monthly cash balances.......................
    1b
    105,326
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    4,423,472
    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
    4,423,472
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    66,352
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    4,357,120
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    217,856
    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
    217,856
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    2,515
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,515
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    215,341
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    215,341
    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
    215,341
    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
    190,231
    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
    190,231
    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
    190,231
    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 7 215,341
    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...... 114,601
    b From 2016...... 43,940
    c From 2017...... 4,871
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........ 163,412
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 190,231
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 190,231
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 25,110 25,110
    (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 5 138,302
    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) ...     		89,491
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		48,811
    10 Analysis of line 9:
    a Excess from 2016.... 43,940
    b Excess from 2017.... 4,871
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    LAURENCE A BARTELL
    1801 EAST 9TH STREET 920
    CLEVELAND,OH44114
    (216) 621-1180
    bThe form in which applications should be submitted and information and materials they should include:
    LAURENCE A. BARTELL NONE
    cAny submission deadlines:
    LAURENCE A. BARTELL APRIL 15TH
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    LAURENCE A. BARTELL NONE
    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
    ACHIEVEMENT CENTERS FOR CHILDREN
    4255 NORTHFIELD
    HIGHLAND HILLS,OH44128     		  PC EDUCATIONAL SERVICES TO NEEDY CHILDREN 2,000
    AMERICAN RED CROSS
    3747 EUCLID AVE
    CLEVELAND,OH44115     		  PC DISASTER AID TO NEEDY 3,000
    ARTHRITIS FOUNDATION
    30775 BAINBRIDGE RD SUITE 210
    SOLON,OH44139     		  PC MEDICAL RESEARCH 1,000
    BELIEVE IN DREAMS
    23245B MERCANTILE RD
    BEACHWOOD,OH44122     		  PC COMMUNITY OUTREACH 1,000
    BELLEFAIRE
    22001 FAIRMOUNT BLVD
    CLEVELAND HTS,OH44118     		  PC AID TO NEEEY 5,000
    BOYS AND GIRLS CLUBS OF CLEVELAND
    6114 BROADWAY AVE
    CLEVELAND,OH44127     		  PC AID TO NEEDY CHILDREN 4,000
    BOYS HOPE GIRLS HOPE
    9619 GARFIELD BLVD
    CLEVELAND,OH44125     		  PC AID TO NEEDY CHILDREN 2,000
    BUILDING HOPE IN THE CITY
    2038 W 29TH ST
    CLEVELAND,OH44113     		  PC COMMUNITY OUTREACH 2,000
    CENTRAL SCHOOL OF PRACTICAL NURSING
    4600 CARNEGIE AVE
    CLEVELAND,OH44103     		  PC SCHOLARSHIP SUPPORT 4,000
    CIRCLE HEALTH SERVICES
    12201 EUCID AVE
    CLEVELAND,OH44106     		  PC HEALTH SERVICES 1,000
    CLEVELAND ANIMAL PROTECTIVE LEAGUE
    1729 WILLEY AVE
    CLEVELAND,OH44113     		  PC FOSTERING ANIMAL ADOPTION 5,000
    CLEVELAND FOODBANK
    15500 SOUTH WATERLOO RD
    CLEVELAND,OH44194     		  PC FOOD FOR NEEDY 5,000
    CLEVELAND HEARING AND SPEECH CENTER
    11635 EUCLID AVE
    CLEVELAND,OH44106     		  PC EDUCATIONAL PROGRAMS 3,000
    CLEVELAND INSTITUTE OF ART
    11141 EAST BLVD
    CLEVELAND,OH44106     		  PC SCHOLARSHIPS 3,000
    CLEVELAND INSTITUTE OF MUSIC
    11021 EAST BLVD
    CLEVELAND,OH44106     		  PC SCHOLARSHIPS 2,000
    CLEVELAND METROPARKS
    4101 FULTON PARKWAY
    CLEVELAND,OH44140     		  PC NATURE PRESERVATION 5,000
    CLEVELAND MUSEUM OF ART
    11150 EAST BLVD
    CLEVELAND,OH44106     		  PC ART EDUCATION 2,000
    CLEVELAND MUSEUM OF NATURAL HISTORY
    ONE WADE OVAL DRIVE
    CLEVELAND,OH44106     		  PC HISTORICAL PRESERVATION 2,000
    CLEVELAND PLAYHOUSE
    8500 EUCLID AVE
    CLEVELAND,OH44106     		  PC PERFOMRING ARTS 2,000
    CLEVELAND RAPE CRISIS CENTER
    1370 ONTARIO STREET
    CLEVELAND,OH44115     		  PC SUPPORT FOR ABUSED WOMEN 3,000
    CLEVELAND SCHOOL OF THE ARTS
    10825 EAST BLVD
    CLEVELAND,OH44106     		  PC EDUCATIONAL SUPPORT 1,000
    CLEVELAND SIGHT CENTER
    1909 EAST 101 ST
    CLEVELAND,OH44106     		  PC AID TO THE BLIND 2,000
    CLEVELAND ZOOLOGICAL SOCIETY
    3900 WILDLIFE WAY
    CLEVELAND,OH44109     		  PC EDUCATIONAL PROGRAMS 3,000
    COLLEGE NOW
    50 PUBLIC SQUARE
    CLEVELAND,OH44113     		  PC SCHOLARSHIPS 2,000
    CUYAHOGA COMMUNITY COLLEGE
    700 CARNEGIE AVE
    CLEVELAND,OH44115     		  PC SCHOLARSHIPS 3,000
    EFFECTIVE LEADERSHIP ACADEMY
    4480 RICHMOND ROAD
    WARRENSVILLE HTS,OH44128     		  PC EDUCATIONAL OUTREACH 2,000
    EMERALD DEVELOPMENT & ECONOMIC NETWORK
    7812 MADISON AVE
    CLEVELAND,OH44102     		  PC AID TO HOMELESS 3,000
    EPILEPSY ASSOCIATION
    2831 PROSPECT AVE
    CLEVELAND,OH44115     		  PC MEDICAL RESEARCH 2,000
    ESPERANZA
    3104 WEST 25TH STREET
    CLEVELAND,OH44109     		  PC CULTURAL DIVERSITY 2,000
    FAMILY PROMISE OF GREATER CLEVELAND
    2592 WEST 14TH STREET
    CLEVELAND,OH44113     		  PC AID TO HOMELESS 4,000
    FIELDSTONE FARM- THERAPEUTIC RIDING CENTER
    16497 SNYDER RD
    CHAGRIN FALLS,OH44023     		  PC THERAPY SUPPORT 4,000
    FISHING FOUNDATION
    129 THE MALL
    BEREA,OH44017     		  PC FISHING EDUCATION 500
    FRONT STEPS
    1545 WEST 25TH STREET
    CLEVELAND,OH44113     		  PC AID TO HOMELESS 1,000
    GIRL SCOUTS OF NORTHEAST OHIO
    1 SOUTH BEDROFD RD
    MACEDONIA,OH44056     		  PC COMMUNITY OUTREACH 2,000
    GREAT LAKE SCIENCE CENTER
    601 ERIESIDE AVENUE
    CLEVELAND,OH44114     		  PC EDUCATIONAL SUPPORT 500
    GREATER CLEVELAND VOLUNTEERS
    4415 EUCLID AVE
    CLEVELAND,OH44103     		  PC MEDICAL RESEARCH 1,000
    HAPPY TRAILS FARM ANIMAL SANCTUARY
    5623 NEW MILFORD RD
    RAVENNA,OH44266     		  PC ANIMAL RESCUE 2,000
    HATTIE LARLHAM FOUNDATION
    7996 DARROW ROAD
    TWINSBURG,OH44087     		  PC EDUCATIONAL SUPPORT 1,000
    HELP FOUNDATION
    26900 EUCLID AVE
    EUCLID,OH44132     		  PC AID TO DISABLED 6,000
    HIRAM HOUSE
    33775 HIRAM TRAIL
    CHAGRIN FALLS,OH44022     		  PC SHELTER FOR NEEDY 2,000
    HOLDEN FORESTS & GARDENS
    11030 EAST BOULEVARD
    CLEVELAND,OH44106     		  PC EDUCATIONAL SUPPORT 1,000
    HOSPICE OF THE WESTERN RESERVE
    300 EAST 185TH STREET
    CLEVELAND,OH44119     		  PC AID TO TERMINALLY ILL 5,000
    IDEASTREAMWVIZ
    1375 EUCLID AVENUE
    CLEVELAND,OH44115     		  PC COMMUNITY OUTREACH 1,000
    JENNINGS
    10204 GRANGER ROAD
    GARFIELD HEIGHTS,OH44125     		  PC MEDICAL AID TO ELDERLY 1,000
    KIDS' BOOK BANK
    3635 PERKINS AVENUE
    CLEVELAND,OH44114     		  PC BOOKS FOR CHILDREN 2,000
    KOINONIA
    6161 OAK TREE BLVD SUITE 400
    INDEPENDENCE,OH44131     		  PC NURSING SUPPORT FOR DISABLED 1,000
    LIFE ACT
    29425 CHAGRIN BLVD 203
    CLEVELAND,OH44122     		  PC SUICIDE PREVENTION 2,500
    LUTHERAN METROPOLITAN MINISTRY
    4515 SUPERIOR AVE
    CLEVELAND,OH44103     		  PC RELIGIOUS SUPPORT 2,000
    MALACHI CENTER
    2416 SUPERIOR VIADUCT
    CLEVELAND,OH44113     		  PC EDUCATIONAL SUPPORT FOR CHILDREN 2,000
    MALACHI HOUSE
    2416 SUPERIOR AVE
    CLEVELAND,OH44113     		  PC AID TO NEEDY 4,000
    MEDWISH INTERNATIONAL
    1625 EAST 31ST STREET
    CLEVELAND,OH44114     		  PC REPURPOSE MEDICAL EQUIPMENT 2,000
    MEDWORKS
    19910 MALVERN ROAD
    SHAKER HTS,OH44122     		  PC MEDICAL AID TO POOR 2,000
    MERRICK HOUSE
    1050 STARKWEATHER AVE
    CLEVELAND,OH44113     		  PC COMMUNITY OUTREACH 2,000
    MUSIC SETTLEMENT
    11125 MAGNOLIA DRIVE
    CLEVELAND,OH44106     		  PC THEATRICAL SUPPORT 2,000
    NEIGHBORHOOD FAMILY PRACTICE
    4115 BRIDGE AVENUE SUITE 300
    CLEVELAND,OH44113     		  PC MEDICAL AID TO NEEDY 2,000
    ONE HEALTH ORGANIZATION
    27600 CHAGRIN BLVD SUITE 400
    CLEVELAND,OH44122     		  PC PET HEALTHCARE SUPPORT 1,000
    PLANNED PARENTHOOD
    206 EAST STATE ST
    COLUMBUS,OH43215     		  PC EDUCATIONAL PROGRAMS 4,000
    PROVIDENCE HOUSE
    2037 WEST 32ND STREET
    CLEVELAND,OH44113     		  PC AID TO NEEDY 2,000
    RAINBOW BABIES & CHILDREN'S HOSPITAL
    11100 EUCLID AVE
    CLEVELAND,OH44106     		  PC MEDICAL RESEARCH 5,000
    SALVATION ARMY OF CLEVELAND
    2507 EAST 22ND STREET
    CLEVELAND,OH44115     		  PC AID TO NEEDY 5,000
    SEEDS OF LITERACY
    3104 W 25TH STREET 3RD FLOOR
    CLEVELAND,OH44109     		  PC EDUCATIONAL SUPPORT 1,000
    ST MARTIN DE PORRES
    1100 EAST 63RD STREET
    CLEVELAND,OH44115     		  PC EDUCATIONAL SCHOLARSHIPS 1,000
    UNITED CEREBRAL PALSY
    10011 EUCLID AVE
    CLEVELAND,OH44106     		  PC MEDICAL RESEARCH 2,000
    UNIVERSITY SETTLEMENT
    4800 BROADWAY AVENUE
    CLEVELAND,OH44127     		  PC EDUCATIONAL SUPPORT & MEALS FOR NEEDY 2,000
    WESTERN RESERVE HISTORICAL SOCIETY
    10825 EAST BLVD
    CLEVELAND,OH44106     		  PC HISTORICAL PRESERVATION 1,000
    YOUTH CHALLENGE
    800 SHARON DRIVE
    WESTLAKE,OH44145     		  PC YOUTH EDUCATION 1,000
    YOUTH OPPORTUNITIES UNLIMITED
    1361 EUCLID AVE
    CLEVELAND,OH44115     		  PC AID TO NEEDY CHILDREN 2,000
    EVERSIGHT
    6700 EUCLID AVENUE SUITE 101
    CLEVELAND,OH44103     		  PC SIGHT RESTORATION 2,000
    FOCUS RESCUE & REHABILITATION
    645 MANNING ROAD
    MAGADORS,OH44260     		  PC HORSE REHABILITATION 500
    FOOTPATH FOUNDATION
    10819 MAGNOLIA DRIVE
    CLEVELAND,OH44106     		  PC EDUCATIONAL SUPPORT 1,000
    LANTERN CENTER FOR RECOVERY
    12160 TRISKET ROAD
    CLEVELAND,OH44111     		  PC RECOVERY FROM SUBSTANCE ABUSE 1,000
    LITTLEST HEROES
    PO BOX 470188
    CLEVELAND,OH44147     		  PC SUPPORT FOR CHILDREN WITH CANCER 1,000
    OUR LADY OF THE WAYSIDE
    38023 COLORADO AVENUE
    AVON,OH44011     		  PC SUPPORT FOR THE DEVELOPMENTALLY DISABLED 2,000
    THE GATHERING PLACE
    23300 COMMERCE PARK
    BEACHWOOD,OH44122     		  PC COMMUNITY OUTREACH 2,000
    SHOES AND CLOTHES FOR KIDS
    3500 LORAIN AVENUE SUITE 301
    CLEVELAND,OH44113     		  PC PROVIDE SHOES AND CLOTHING FOR CHILDREN 3,000
    Total .................................bullet 3a 172,000
    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 87,074  
    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.....     14 66  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 158,694  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 245,834 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    245,834
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    THE SK WELLMAN FOUNDATION
    EIN:
    34-6520032
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 34,900 17,450 17,450 17,450

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    THE SK WELLMAN FOUNDATION
    EIN:
    34-6520032
    Name of Bond End of Year Book Value End of Year Fair Market Value
    JP MORGAN BOND 49,642 52,931
    MFB NORTHERN FUNDS BOND 136,308 146,191
    MFB NORTHERN FUNDS FIXED 135,026 145,087
    MFB NORTHERN HIGH YIELD 137,389 137,248
    MFC FLEXSHARES IBOXX 3 YR 29,794 31,908
    MFC FLEXSHARES IBOXX 5 YR 35,217 39,789
    MFO BLACKROCK FDS HIGH YIELD 151,560 155,063
    MFO DOUBLELINE CORE FIXED INCOME FUND 200,485 209,930
    ORACLE CORP 49,993 51,972

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    THE SK WELLMAN FOUNDATION
    EIN:
    34-6520032
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABORATORIES 50,311 68,650
    ACCENTURE PLC 12,554 59,033
    ADIDAS 6,573 10,613
    ADOBE SYSTEMS 16,239 91,021
    AIA GROUP 11,586 22,305
    AIR LIQUIDE 3,603 6,019
    ALFA LAVAL 4,016 6,861
    ALIGN TECHNOLOGY 5,360 39,544
    ALLIANZ SE ADR 10,645 15,554
    ALPHABET INC 5,545 28,042
    ALPHABET INC 36,657 89,346
    AMBEV SA 9,301 7,142
    ATLAS COPCO 8,463 19,819
    BANCO BILBOA VIZCAYA 14,180 9,717
    CANADIAN NATIONAL RY CO 3,302 6,152
    CHECK POINT SOFTWARE 8,896 14,487
    CHUGAI PHARMACEUTICALS CO 5,857 13,406
    DASSAULT SYS 11,478 19,349
    DBS GROUP HOLDINGS 10,541 15,971
    DIAGEO PLC SPONSORED ADR 9,003 9,052
    DOLLAR GENERAL CORP 12,760 39,116
    EPIROC AN UNSPOON ADS 4,793 8,999
    FACEBOOK INC 50,718 105,712
    FANUC CORP 3,702 6,098
    FOMENTO 9,773 9,017
    FUCHS PETROLUB SE 2,702 3,358
    GARTNER INC 18,557 31,558
    HDFC BK LTD 4,473 7,371
    ICIC BK LTD 4,185 8,782
    INFINEON TECHNOLOGIES 13,405 28,219
    ITAU UNIBANCO HOLDINGS 7,075 9,866
    KOBUTA 7,382 10,703
    KOMATSU LTD 7,004 8,637
    LINDE 5,635 9,223
    LONZA GROUP AG 6,631 15,956
    LOREAL CO 8,748 18,504
    MASTERCARD 27,611 62,821
    MFB NORTHERN EMERGING 97,386 129,305
    MFB NORTHERN GLOBAL R/E 127,376 125,690
    MFB NORTHERN INTL EQUITY INDEX 236,347 278,811
    MFB NORTHERN STOCK INDEX 329,011 481,036
    MFC FLEXSHARES MORNINGSTAR GBL 143,952 156,192
    MFC FLEXSHARES STOXX GLOBAL 156,876 180,741
    MFC ISHARES MSCI 48,466 69,312
    MFC ISHARES RUSSELL 2000 36,545 154,887
    MFC ISHARES RUSSELL MIDCAP 48,018 220,731
    MFO DFA INVT DIMENSIONS 91,302 130,271
    MICROSOFT 34,506 102,536
    MSCI INC 13,516 25,899
    NESTLE 8,630 13,547
    NIKE 4,942 30,275
    NOVZYMES 4,823 5,308
    PAYPAL HLDGS INC 20,006 55,271
    PJSC LUKOIL SPONSORED ADR 7,927 6,152
    REGENERON PHARMA 24,248 30,919
    RIO TINTO PLC 9,204 12,863
    ROCHE HOLDINGS 12,852 16,922
    ROYAL DUTCH SHELL PLC 8,358 6,756
    SALESFORCE COM INC 37,923 50,514
    SAP SE 13,476 20,341
    SCHNEIDER ELECTRIC 10,070 14,938
    SERVICENOW INC 27,768 57,795
    SGS SA 4,939 5,671
    SONOA HOLDINGS 4,409 8,667
    SPONSORED ADR 8,287 9,261
    STARBUCKS 21,655 44,504
    SYMRISE AG 4,998 10,113
    SYSMEX CORP 5,668 11,248
    TAIWAN SEMICONDUCTOR MRG CO 5,973 28,568
    TENCENT HLDGS LTD 9,808 15,169
    UNICHARM CORP 9,753 13,819
    UNILEVER PLC 7,152 9,718
    VISA INC 22,056 63,213
    YANDEX 2,132 5,497
    ZOETIS INC 27,284 57,925
    ALCON AC COM 7,846 8,050
    ALIBABA GROUP HOLDINGS 6,104 7,215
    AUTODESK 32,394 60,457
    NITORI HOLDINGS 4,380 6,651
    SHIONOGI & CO LTD 5,540 4,864
    UNITEDHEALTH GROUP INC 33,446 38,575
    AYDEN NV 11,305 26,494
    ILLIMINA INC 25,197 28,490
    INTUITIVE SURGICAL INC 24,636 27,815

    TY 2020 OtherIncomeSchedule2
    Name:
    THE SK WELLMAN FOUNDATION
    EIN:
    34-6520032
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INCOME 66 66 66


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    THE SK WELLMAN FOUNDATION
    EIN:
    34-6520032
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    NORTHERN TRUST CUSTODIAL FEES 35,445 35,445 35,445 0
    NORTHER TRUST INVESTMENT MGMT 8,986 8,986 8,986 0
    BANK FEES 180 180 180 0


    TY 2020 TaxesSchedule
    Name:
    THE SK WELLMAN FOUNDATION
    EIN:
    34-6520032
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 2,862 2,862 2,862 0
    EXCISE TAX 781 0 0 781