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
WENTE JESSIE & CARL-MAIN
 
Number and street (or P.O. box number if mail is not delivered to street address)6325 S RAINBOW BLVD STE 300
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LAS VEGAS, NV89118
A Employer identification number

94-6422990
B Telephone number (see instructions)

(888) 730-4933
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$8,136,507J 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... 193,077 189,301  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -246,535
b Gross sales price for all assets on line 6a 2,562,155
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ -53,458 189,301  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 82,239 61,679   20,560
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment 1,068 0 0 1,068
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 5,896 2,683   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 482 463   19
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 89,685 64,825 0 21,647
25 Contributions, gifts, grants paid....... 360,000 360,000
26 Total expenses and disbursements. Add lines 24 and 25 449,685 64,825 0 381,647
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -503,143
b Net investment income (if negative, enter -0-) 124,476
c Adjusted net income (if negative, enter -0-)... 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............. 10,265 2,773 2,773
2 Savings and temporary cash investments......... 271,989 325,525 325,525
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
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 bullet0      
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).......   Click to see attachment1,483,443 1,889,844
c Investments—corporate bonds (attach schedule).......   Click to see attachment1,422,258 1,514,745
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 6,928,086 Click to see attachment3,469,421 4,403,620
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) 7,210,340 6,703,420 8,136,507
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
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........ 7,210,340 6,703,420
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)..... 7,210,340 6,703,420
30 Total liabilities and net assets/fund balances (see instructions). 7,210,340 6,703,420
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
7,210,340
2
Enter amount from Part I, line 27a .....................
2
-503,143
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
6,707,197
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
3,777
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
6,703,420
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 43858.83 FEDERATED STRAT VAL DIV FD IS 662     2020-01-07
b 12368.242 MERGER FUND-INST #301   2014-05-09 2020-01-07
c 6990. ETRACS ALERIAN MLP ETN     2020-01-07
d 5340.303 BOSTON P LNG/SHRT RES-INS 7015   2014-05-09 2020-01-28
e 15. EQUITY RESIDENTIAL PPTYS TR SH BEN   2019-03-27 2020-02-03
9. SUN CMNTYS INC COM   2019-12-13 2020-02-03
693. COMPASS GROUP PLC ADR     2020-02-04
245. EXXON MOBIL CORPORATION     2020-02-04
914. JAPAN TOBACCO INC-UNSPON ADR     2020-02-04
26. NEXTERA ENERGY INC     2020-02-04
58. QUALCOMM INC   2016-12-20 2020-02-04
33422.46 JPMORGAN HIGH YIELD-I 3580   2015-01-30 2020-02-07
25. APPLE INC   2019-04-24 2020-02-14
65. ZOETIS INC     2020-02-14
5734.213 EATON VANCE GLOBAL MACRO - I 0088   2014-01-15 2020-03-05
27931.032 FEDERATED STRAT VAL DIV FD IS 662     2020-03-05
1171. ISHARES RUSSELL MID-CAP VALUE   2014-03-21 2020-03-05
7. AMERICAN TOWER CORP   2020-02-04 2020-03-09
5. EQUINIX INC     2020-03-09
81. GILEAD SCIENCES INC   2018-09-26 2020-03-09
56. JPMORGAN CHASE & CO   2016-05-20 2020-03-09
111. RETAIL OPPORTUNITY INVESTMENTS CORP   2018-03-15 2020-03-09
19. SIMON PROPERTY GROUP INC   2019-03-27 2020-03-09
74. SIMON PROPERTY GROUP INC     2020-03-09
159. VEOLIA ENVIRONNEMENT ADR     2020-03-09
117. VERIZON COMMUNICATIONS     2020-03-09
118. BRITISH AMERICAN TOBACCO P.L.C - ADR     2020-03-19
45. COMCAST CORP CLASS A   2019-06-14 2020-03-19
21. DUKE ENERGY HOLDING CORP. COM   2018-11-20 2020-03-19
5. LOCKHEED MARTIN CORP   2013-06-26 2020-03-19
22. NOVARTIS AG - ADR   2014-11-14 2020-03-19
231. ROYAL DUTCH SHELL PLC ADR   2020-02-04 2020-03-19
216. ROYAL DUTCH SHELL PLC ADR     2020-03-19
90000. OMNICOM GROUP INC 4.450% 8/15/20   2014-03-13 2020-03-23
12425.294 EATON VANCE GLOBAL MACRO - I 0088     2020-03-25
49023.772 FEDERATED STRAT VAL DIV FD IS 662     2020-03-25
247. ANHEUSER-BUSCH INBEV SPN ADR     2020-04-08
80. ANHEUSER-BUSCH INBEV SPN ADR   2020-02-04 2020-04-08
44. GILEAD SCIENCES INC   2018-09-26 2020-04-08
95. GILEAD SCIENCES INC   2018-09-26 2020-04-23
106. NTT DOCOMO, INC. - ADR     2020-04-23
45. HOME DEPOT INC   2019-06-24 2020-04-29
20. HOME DEPOT INC   2019-04-24 2020-04-29
95. PNC FINANCIAL SERVICES GROUP   2019-06-24 2020-04-29
5. PNC FINANCIAL SERVICES GROUP   2019-04-24 2020-04-29
.066 RAYTHEON TECHNOLOGIES CORP   2019-11-12 2020-04-29
80. EATON CORP PLC   2019-06-24 2020-04-29
50. EATON CORP PLC   2019-04-24 2020-04-29
40. DIAGEO PLC - ADR   2019-06-24 2020-05-08
130. GILEAD SCIENCES INC     2020-06-08
73. LOWES COS INC   2019-06-14 2020-06-08
996. RECKITT BENCKIS/S ADR     2020-06-08
260. ROCHE HOLDINGS LTD - ADR     2020-06-08
424. VEOLIA ENVIRONNEMENT ADR     2020-06-08
8564.585 EATON VANCE GLOBAL MACRO - I 0088     2020-06-11
21497.572 FEDERATED STRAT VAL DVD-R6 #251   2012-08-15 2020-06-11
461. HUDSON PACIFIC PROPERTIES INC   2018-03-15 2020-06-11
7892.66 TORTOISE MLP & PIPELINE-INS   2020-01-07 2020-06-11
199. RETAIL OPPORTUNITY INVESTMENTS CORP   2019-08-29 2020-06-11
939. RETAIL OPPORTUNITY INVESTMENTS CORP     2020-06-11
3250. SPDR DJ WILSHIRE INTERNATIONAL R ETF     2020-06-11
21. AMERICAN TOWER CORP   2018-03-15 2020-06-19
6. AMERICAN TOWER CORP   2020-02-04 2020-06-19
13. CORESITE REALTY CORP   2019-08-29 2020-06-19
16. EQUINIX INC     2020-06-19
113. HEALTHCARE RLTY TR COM   2019-09-06 2020-06-19
2. PROLOGIS INC   2018-03-15 2020-06-19
23. PROLOGIS INC   2020-03-09 2020-06-19
33. PUBLIC STORAGE INC COM     2020-06-19
23. SBA COMMUNICATIONS CORP     2020-06-19
10. SBA COMMUNICATIONS CORP   2019-03-27 2020-06-19
244. EQUITY RESIDENTIAL PPTYS TR SH BEN     2020-07-23
26. PUBLIC STORAGE INC COM   2018-03-15 2020-07-23
.6073 PHILIPS ELECTRONICS - NY SHR ADR   2014-09-04 2020-07-27
70. CVS HEALTH CORPORATION   2020-04-29 2020-09-09
155. HAIN CELESTIAL GROUP INC   2020-04-29 2020-09-09
28. PUBLIC STORAGE INC COM     2020-09-09
200. TJX COMPANIES INC     2020-09-09
204. AT & T INC     2020-09-22
85. BANK OF AMERICA CORP   2018-11-20 2020-09-22
53. CISCO SYSTEMS INC   2020-02-04 2020-09-22
1923. FERGUSON NEWCO PLC-ADR     2020-09-22
28. HASBRO INC   2019-10-29 2020-09-22
45. PHILIPS ELECTRONICS - NY SHR ADR   2014-09-04 2020-09-22
26. MICROSOFT CORP   2012-12-27 2020-09-22
19. QUALCOMM INC   2019-06-14 2020-09-22
15. SNAP ON INC   2019-12-11 2020-09-22
60. APPLE INC   2019-04-24 2020-10-07
281. NTT DOCOMO, INC. - ADR     2020-10-12
290. NTT DOCOMO, INC. - ADR   2020-02-04 2020-10-12
100000. JPMORGAN CHASE & CO 4.250% 10/15/20   2014-06-04 2020-10-15
574. AT & T INC     2020-11-16
253. BANK N S HALIFAX     2020-11-16
1365. ING GROEP N.V. - ADR     2020-11-16
16. SNAP ON INC   2019-12-11 2020-11-16
14. SNAP ON INC   2018-06-14 2020-11-16
71. VIATRIS INC     2020-11-20
65.5 SIEMENS ENERGY AG (DEEMED RECEIVED)   2020-09-28 2020-11-24
.3454 VIATRIS INC   2014-10-02 2020-12-02
148. CVS HEALTH CORPORATION     2020-12-09
53. LVMH MOET HENNESSY UNSP ADR - ADR   2016-08-05 2020-12-09
575. PFIZER INC     2020-12-09
69. QUALCOMM INC   2019-06-14 2020-12-09
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
(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 249,995   260,591 -10,596
b 211,621   200,000 11,621
c 99,262   200,263 -101,001
d 83,362   77,915 5,447
e 1,247   1,126 121
1,456   1,372 84
16,986   12,211 4,775
14,939   18,823 -3,884
9,541   15,101 -5,560
6,916   2,706 4,210
5,107   3,803 1,304
243,316   254,345 -11,029
8,127   5,193 2,934
9,346   6,906 2,440
50,002   51,719 -1,717
149,990   157,748 -7,758
99,029   80,746 18,283
1,644   1,661 -17
2,897   2,563 334
6,130   6,158 -28
5,400   3,587 1,813
1,576   1,925 -349
1,972   3,441 -1,469
7,681   13,119 -5,438
4,536   3,462 1,074
6,437   6,441 -4
3,610   4,685 -1,075
1,619   1,909 -290
1,582   1,861 -279
1,574   527 1,047
1,684   1,809 -125
5,485   12,005 -6,520
5,129   12,645 -7,516
91,427   97,418 -5,991
100,024   111,512 -11,488
200,017   254,231 -54,214
11,680   25,764 -14,084
3,783   6,117 -2,334
3,268   3,345 -77
7,845   7,222 623
3,218   2,561 657
9,957   9,263 694
4,425   4,152 273
10,580   12,710 -2,130
557   672 -115
4   6 -2
6,868   6,484 384
4,292   4,165 127
5,561   6,978 -1,417
10,104   9,200 904
9,522   7,258 2,264
17,153   13,791 3,362
11,102   8,500 2,602
10,360   8,011 2,349
73,655   76,556 -2,901
99,964   110,713 -10,749
11,628   14,698 -3,070
64,325   98,800 -34,475
2,077   3,464 -1,387
9,801   16,269 -6,468
97,140   131,699 -34,559
5,482   3,083 2,399
1,566   1,424 142
1,569   1,482 87
11,149   6,732 4,417
3,453   3,778 -325
189   127 62
2,177   1,798 379
6,329   7,050 -721
6,835   5,708 1,127
2,972   1,934 1,038
13,398   14,994 -1,596
4,849   5,069 -220
32   18 14
4,198   4,439 -241
5,143   4,200 943
6,083   4,655 1,428
11,015   10,736 279
5,823   7,754 -1,931
2,024   2,323 -299
2,080   2,510 -430
17,554   11,900 5,654
2,114   2,734 -620
2,037   1,352 685
5,330   701 4,629
2,164   1,304 860
2,161   2,509 -348
6,874   3,116 3,758
10,297   6,609 3,688
10,626   8,173 2,453
100,000   108,240 -8,240
16,616   19,556 -2,940
11,969   13,037 -1,068
12,101   19,706 -7,605
2,787   2,676 111
2,439   2,234 205
1,306   791 515
1,616   1,607 9
6   4 2
10,918   11,674 -756
6,365   1,801 4,564
24,281   14,491 9,790
10,981   4,736 6,245
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
      5,712
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -10,596
b       11,621
c       -101,001
d       5,447
e       121
      84
      4,775
      -3,884
      -5,560
      4,210
      1,304
      -11,029
      2,934
      2,440
      -1,717
      -7,758
      18,283
      -17
      334
      -28
      1,813
      -349
      -1,469
      -5,438
      1,074
      -4
      -1,075
      -290
      -279
      1,047
      -125
      -6,520
      -7,516
      -5,991
      -11,488
      -54,214
      -14,084
      -2,334
      -77
      623
      657
      694
      273
      -2,130
      -115
      -2
      384
      127
      -1,417
      904
      2,264
      3,362
      2,602
      2,349
      -2,901
      -10,749
      -3,070
      -34,475
      -1,387
      -6,468
      -34,559
      2,399
      142
      87
      4,417
      -325
      62
      379
      -721
      1,127
      1,038
      -1,596
      -220
      14
      -241
      943
      1,428
      279
      -1,931
      -299
      -430
      5,654
      -620
      685
      4,629
      860
      -348
      3,758
      3,688
      2,453
      -8,240
      -2,940
      -1,068
      -7,605
      111
      205
      515
      9
      2
      -756
      4,564
      9,790
      6,245
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 -246,535
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 1,730
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 1,730
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 1,730
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 3,064
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  
7 Total credits and payments. Add lines 6a through 6d.............. 7 3,064
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 1,334
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet1,334 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
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)
    bulletCA
    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 ofbulletWELLS FARGO BANK NA Telephone no.bullet (888) 730-4933

    Located atbullet100 N MAIN ST MAC D4001-117WINSTON SALEMNC ZIP+4bullet27101
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    WELLS FARGO BANK N A TRUSTEE
    1     		82,239    
    100 N MAIN ST MAC D4001-117
    WINSTON SALEM,NC27101
    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.........................bullet  
    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
    7,124,232
    b
    Average of monthly cash balances.......................
    1b
    318,582
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    7,442,814
    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
    7,442,814
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    111,642
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    7,331,172
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    366,559
    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
    366,559
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    1,730
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,730
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    364,829
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    364,829
    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
    364,829
    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
    381,647
    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
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    381,647
    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
    381,647
    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 7 364,829
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 351,728
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 0
    b From 2016...... 0
    c From 2017...... 0
    d From 2018...... 0
    e From 2019...... 0
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 381,647
    a Applied to 2019, but not more than line 2a 351,728
    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..... 29,919
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		334,910
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2016.... 0
    b Excess from 2017.... 0
    c Excess from 2018.... 0
    d Excess from 2019.... 0
    e Excess from 2020.... 0
    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).)
    NONE
    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.
    NONE
    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
    SAN FRANCISCO BAY AREA COUNCIL
    BOY SCOUTS OF AMERICA
    SAN LEANDRO,CA94577     		NONE PC GENERAL OPERATING 360,000
    Total .................................bullet 3a 360,000
    bApproved for future payment
    Total .................................bullet 3b  
    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....     14 193,077  
    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 -246,535  
    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)..   -53,458  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    -53,458
    (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:
    WENTE JESSIE & CARL-MAIN
    EIN:
    94-6422990
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 1,068     1,068

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    WENTE JESSIE & CARL-MAIN
    EIN:
    94-6422990
    Name of Bond End of Year Book Value End of Year Fair Market Value
    961214DZ3 WESTPAC BANKING CORP 100,251 107,997
    110122AW8 BRISTOL-MYERS SQUIBB 52,645 54,214
    912828U24 US TREASURY NOTE 2.0 48,424 54,420
    882508BG8 TEXAS INSTRUMENTS IN 51,734 53,877
    25468PDV5 WALT DISNEY COMPANY/ 100,964 111,398
    9128285L0 US TREASURY NOTE 100,082 102,375
    120568AX8 BUNGE LTD FINANCE CO 99,981 111,146
    78013XZU5 ROYAL BANK OF CANADA 50,939 53,468
    20030NBL4 COMCAST CORP 3.375% 50,412 55,281
    06051GFF1 BANK OF AMERICA CORP 101,500 111,006
    375558BM4 GILEAD SCIENCES INC 99,974 109,869
    084664BQ3 BERKSHIRE HATHAWAY 4 163,791 150,168
    9128286T2 US TREASURY NOTE 2.3 149,520 169,524
    02665WDJ7 AMERICAN HONDA FINAN 101,457 107,709
    693475AZ8 PNC FINANCIAL SERVIC 102,164 109,556
    10373QAL4 BP CAP MARKETS AMERI 48,420 52,737

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    WENTE JESSIE & CARL-MAIN
    EIN:
    94-6422990
    Name of Stock End of Year Book Value End of Year Fair Market Value
    89151E109 TOTAL S.A. - ADR 32,118 25,649
    055262505 BASF AKTIENGESELLSCH 18,328 17,456
    889110102 TOKYO ELECTRON LTD-U 10,825 15,723
    G25839104 COCA-COLA EUROPEAN P 19,947 25,812
    20030N101 COMCAST CORP CLASS A 22,638 29,501
    00206R102 AT & T INC 16,832 14,236
    500472303 PHILIPS ELECTRONICS 9,275 18,255
    172967424 CITIGROUP INC. 15,007 13,565
    Y2573F102 FLEX LTD 9,194 16,362
    686330101 ORIX CORPORATION - A 10,879 11,522
    H84989104 TE CONNECTIVITY LTD 10,533 13,318
    871829107 SYSCO CORP 7,426 9,283
    91324P102 UNITEDHEALTH GROUP I 16,938 24,548
    86562M209 SUMITOMO TRUST AND B 24,031 18,664
    254687106 WALT DISNEY CO 8,895 11,777
    65339F101 NEXTERA ENERGY INC 8,613 25,614
    032654105 ANALOG DEVICES INC 8,930 15,659
    641069406 NESTLE S.A. REGISTER 15,387 21,557
    66987V109 NOVARTIS AG - ADR 22,229 31,917
    060505104 BANK OF AMERICA CORP 15,528 17,489
    09260D107 BLACKSTONE GROUP INC 4,767 5,833
    G5960L103 MEDTRONIC PLC 20,159 26,942
    375558103 GILEAD SCIENCES INC 10,218 8,448
    11135F101 BROADCOM INC 10,694 15,325
    459506101 INTERNATIONAL FLAVOR 17,041 16,108
    097023105 BOEING CO 14,506 8,348
    054536107 AXA - ADR 20,344 19,663
    747525103 QUALCOMM INC 10,703 24,679
    02079K107 ALPHABET INC CL C 23,464 35,038
    87807B107 TC ENERGY CORP 23,881 21,582
    285512109 ELECTRONIC ARTS INC 8,692 12,924
    512807108 LAM RESEARCH CORP CO 12,190 28,336
    405217100 HAIN CELESTIAL GROUP 5,105 8,030
    833034101 SNAP ON INC 18,988 21,050
    92343V104 VERIZON COMMUNICATIO 22,050 23,853
    25157Y202 DEUTSCHE POST AG ADR 13,756 18,042
    75513E101 RAYTHEON TECHNOLOGIE 8,796 7,509
    749685103 RPM INTERNATIONAL IN 21,517 28,777
    17275R102 CISCO SYSTEMS INC 43,029 53,118
    620076307 MOTOROLA SOLUTIONS, 18,811 22,108
    92826C839 VISA INC-CLASS A SHR 9,037 10,937
    80105N105 SANOFI-ADR 12,141 12,050
    031162100 AMGEN INC 17,539 21,383
    742718109 PROCTER & GAMBLE CO 23,323 27,411
    126650100 CVS HEALTH CORPORATI 32,078 37,633
    418056107 HASBRO INC 20,578 20,298
    26441C204 DUKE ENERGY HOLDING 14,426 18,495
    037833100 APPLE INC 25,145 66,345
    539830109 LOCKHEED MARTIN CORP 12,784 29,463
    548661107 LOWES COS INC 20,266 36,917
    110448107 BRITISH AMERICAN TOB 25,480 19,045
    904767704 UNILEVER PLC - ADR 27,448 34,164
    883556102 THERMO FISHER SCIENT 8,189 13,973
    192446102 COGNIZANT TECH SOLUT 14,234 17,210
    517834107 LAS VEGAS SANDS CORP 12,573 12,218
    532457108 ELI LILLY & CO COM 8,213 11,819
    718172109 PHILIP MORRIS INTERN 15,128 15,068
    09857L108 BOOKING HOLDINGS INC 9,333 11,136
    478160104 JOHNSON & JOHNSON 23,237 23,922
    594918104 MICROSOFT CORP 38,962 86,299
    83175M205 SMITH & NEPHEW PLC - 9,823 11,049
    76131D103 RESTAURANT BRANDS IN 20,303 24,750
    744573106 PUBLIC SVC ENTERPRIS 8,061 13,292
    38141G104 GOLDMAN SACHS GROUP 22,893 26,635
    191216100 COCA COLA CO 27,588 32,904
    09247X101 BLACKROCK INC 12,294 18,039
    867224107 SUNCOR ENERGY INC NE 12,343 6,376
    969457100 WILLIAMS COS INC 23,444 20,892
    25243Q205 DIAGEO PLC - ADR 14,370 13,499
    87612E106 TARGET CORP 7,273 15,005
    826197501 SIEMENS AG - SPONSOR 14,473 18,809
    502441306 LVMH MOET HENNESSY U 4,078 14,968
    150870103 CELANESE CORP 14,494 17,542
    609207105 MONDELEZ INTERNATION 33,447 41,806
    771195104 ROCHE HOLDINGS LTD - 12,563 20,210
    37733W105 GLAXOSMITHKLINE PLC 10,162 9,862
    438516106 HONEYWELL INTERNATIO 19,015 22,972
    874060205 TAKEDA PHARMACEUTIC- 18,486 18,309
    911312106 UNITED PARCEL SERVIC 10,640 16,840
    46625H100 JPMORGAN CHASE & CO 26,666 36,342
    251542106 DEUTSCHE BOERSE AG A 20,370 22,477
    94106L109 WASTE MANAGEMENT INC 6,093 7,076
    31620M106 FIDELITY NATL INFORM 7,346 8,488
    891160509 TORONTO DOMINION BK 14,666 14,387
    848574109 SPIRIT AEROSYTSEMS H 6,618 3,127
    58933Y105 MERCK & CO INC NEW 33,743 41,309
    12572Q105 CME GROUP INC 6,379 6,372
    907818108 UNION PACIFIC CORP 28,503 32,066
    H2906T109 GARMIN LTD 8,629 10,171
    654106103 NIKE INC CL B 12,235 19,806
    56501R106 MANULIFE FINANCIAL C 14,067 15,058

    TY 2020 InvestmentsOtherSchedule2
    Name:
    WENTE JESSIE & CARL-MAIN
    EIN:
    94-6422990
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    25468PDV5 WALT DISNEY COMPANY/      
    471105205 JAPAN TOBACCO INC-UN      
    G25839104 COCA-COLA EUROPEAN P      
    756255204 RECKITT BENCKIS/S AD      
    29476L107 EQUITY RESIDENTIAL P      
    74256W485 PRINCIPAL PREFERRED AT COST 179,398 248,041
    46625HHU7 JPMORGAN CHASE & CO      
    MIX089251 CA FRE 13S 12E S3334 AT COST 20,000 1
    277923728 EATON VANCE GLOBAL M      
    922908363 VANGUARD INDEX FD ET AT COST 948,899 1,325,612
    031162100 AMGEN INC      
    66987V109 NOVARTIS AG - ADR      
    771195104 ROCHE HOLDINGS LTD -      
    110448107 BRITISH AMERICAN TOB      
    904784709 UNILEVER N.V. - ADR      
    46625H100 JPMORGAN CHASE & CO      
    589509207 MERGER FUND-INST #30      
    375558103 GILEAD SCIENCES INC      
    780259206 ROYAL DUTCH SHELL PL      
    375558BM4 GILEAD SCIENCES INC      
    054536107 AXA ADR      
    641069406 NESTLE S.A. REGISTER      
    826197501 SIEMENS AG - ADR      
    92334N103 VEOLIA ENVIRONNEMENT      
    86562M209 SUMITOMO TRUST AND B      
    609207105 MONDELEZ INTERNATION      
    44107P104 HOST HOTELS & RESORT AT COST 18,550 16,693
    444097109 HUDSON PACIFIC PROPE      
    78410G104 SBA COMMUNICATIONS C AT COST 20,919 33,291
    03027X100 AMERICAN TOWER CORP AT COST 28,793 57,237
    74925K581 ROBECO BP LNG/SHRT R      
    126650100 CVS/CAREMARK CORPORA      
    17275R102 CISCO SYSTEMS INC      
    78463X863 SPDR DJ WILSHIRE INT      
    30231G102 EXXON MOBIL CORPORAT      
    03524A108 ANHEUSER-BUSCH INBEV      
    58933Y105 MERCK & CO INC NEW      
    517834107 LAS VEGAS SANDS CORP      
    90267B682 ETRACS ALERIAN MLP E      
    418056107 HASBRO INC      
    539830109 LOCKHEED MARTIN CORP      
    717081103 PFIZER INC      
    891160509 TORONTO DOMINION BK      
    502441306 LVMH MOET HENNESSY U      
    718172109 PHILIP MORRIS INTERN      
    866674104 SUN CMNTYS INC COM AT COST 22,705 34,949
    456837103 ING GROEP N.V. - ADR      
    89151E109 TOTAL FINA ELF S.A.      
    MSX086909 SAN FRANCISCO CLEARI AT COST 1 1
    9128285L0 US TREASURY NOTE      
    10373QAL4 BP CAP MARKETS AMERI      
    20030NBL4 COMCAST CORP 3.375%      
    912828U24 US TREASURY NOTE      
    055262505 BASF AG      
    92343V104 VERIZON COMMUNICATIO      
    20449X401 COMPASS GROUP PLC AD      
    26441C204 DUKE ENERGY HOLDING      
    46187W107 INVITATION HOMES INC AT COST 18,645 26,582
    06051GFF1 BANK OF AMERICA CORP      
    594918104 MICROSOFT CORP      
    828806109 SIMON PROPERTY GROUP AT COST 21,145 12,366
    29444U700 EQUINIX INC AT COST 27,439 59,277
    21870Q105 CORESITE REALTY CORP AT COST 14,165 20,546
    961214DZ3 WESTPAC BANKING CORP      
    314172560 FEDERATED STRAT VAL      
    032654105 ANALOG DEVICES INC      
    744573106 PUBLIC SVC ENTERPRIS      
    833034101 SNAP ON INC      
    060505104 BANK AMER CORP      
    500472303 KONINKLIJKE PHILIPS      
    80105N105 SANOFI-AVENTIS - ADR      
    65339F101 NEXTERA ENERGY INC      
    464287473 ISHARES RUSSELL MID- AT COST 189,491 274,300
    00206R102 AT & T INC      
    74460D109 PUBLIC STORAGE INC C      
    76131N101 RETAIL OPPORTUNITY I      
    682134AC5 OMNICOM GROUP INC 4.      
    120568AX8 BUNGE LTD FINANCE CO      
    015271109 ALEXANDRIA REAL ESTA AT COST 19,948 28,872
    133131102 CAMDEN PPTY TR SH BE AT COST 20,056 23,181
    35086T109 FOUR CORNERS PROPERT AT COST 24,642 30,782
    74340W103 PROLOGIS INC AT COST 22,692 51,126
    02665T306 AMERICAN HOMES 4 REN AT COST 21,998 23,700
    084664BQ3 BERKSHIRE HATHAWAY 4      
    747525103 QUALCOMM INC      
    62942M201 NTT DOCOMO, INC. - A      
    064149107 BANK OF NOVA SCOTIA      
    4812C0803 JPMORGAN HIGH YIELD      
    74256W584 PRINCIPAL MIDCAP FUN AT COST 250,000 304,542
    91324P102 UNITEDHEALTH GROUP I      
    02079K107 ALPHABET INC/CA      
    98978V103 ZOETIS INC      
    969457100 WILLIAMS COS INC      
    925652109 VICI PROPERTIES INC AT COST 32,387 36,899
    438516106 HONEYWELL INTERNATIO      
    037833100 APPLE COMPUTER INC C      
    532457108 ELI LILLY & CO COM      
    31502A303 FERGUSON NEWCO PLC-A      
    192446102 COGNIZANT TECH SOLUT      
    285512109 ELECTRONIC ARTS INC      
    883556102 THERMO FISHER SCIENT      
    907818108 UNION PACIFIC CORP      
    150870103 CELANESE CORP      
    G29183103 EATON CORP PLC      
    421946104 HEALTHCARE RLTY TR C AT COST 19,808 17,553
    654106103 NIKE INC CL B      
    87612E106 TARGET CORP      
    12572Q105 CME GROUP INC      
    191216100 COCA COLA CO      
    20030N101 COMCAST CORP CLASS A      
    59522J103 MID AMERICA APARTMEN AT COST 22,803 23,311
    00123Q104 AGNC INVESTMENT CORP AT COST 12,953 14,134
    437076102 HOME DEPOT INC      
    512807108 LAM RESEARCH CORP CO      
    693475105 PNC FINANCIAL SERVIC      
    254687106 WALT DISNEY CO      
    56501R106 MANULIFE FINANCIAL C      
    911312106 UNITED PARCEL SERVIC      
    755111507 RAYTHEON CO      
    172967424 CITIGROUP INC      
    25157Y202 DEUTSCHE POST AG ADR      
    85254J102 STAG INDUSTRIAL INC AT COST 19,955 20,295
    9128286T2 US TREASURY NOTE      
    922031760 VANGUARD HIGH YIELD AT COST 304,784 306,688
    G5960L103 MEDTRONIC PLC      
    31620M106 FIDELITY NATL INFORM      
    848574109 SPIRIT AEROSYTSEMS H      
    749685103 RPM INTERNATIONAL IN      
    87234N765 TCW EMRG MKTS INCM-I AT COST 378,648 393,420
    25243Q205 DIAGEO PLC - ADR      
    464287804 ISHARES CORE S&P SMA AT COST 273,299 321,650
    867224107 SUNCOR ENERGY INC NE      
    00143W859 INV OPP DEVELOP MRKT AT COST 339,782 502,788
    H84989104 TE CONNECTIVITY LTD      
    548661107 LOWES COS INC      
    87807B107 TC ENERGY CORP      
    Y2573F102 FLEXTRONICS INTL LTD      
    097023105 BOEING COMPANY      
    872540109 TJX COS INC NEW      
    405217100 HAIN CELESTIAL GROUP      
    09247X101 BLACKROCK INC      
    11135F101 BROADCOM INC      
    31421N881 FEDERATED STRAT VAL AT COST 166,026 162,480
    95040Q104 WELLTOWER INC AT COST 17,020 21,131
    313747206 FEDERAL RLTY INVT TR AT COST 12,470 12,172

    TY 2020 OtherDecreasesSchedule
    Name:
    WENTE JESSIE & CARL-MAIN
    EIN:
    94-6422990
    Description Amount
    PY RETURN OF CAPITAL ADJ 1,539
    MUTUAL FUND TIMING ADJ 720
    COST BASIS ADJUSTMENT 1,518


    TY 2020 OtherExpensesSchedule
    Name:
    WENTE JESSIE & CARL-MAIN
    EIN:
    94-6422990
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER EXPENSE (NON-DEDUCTIBLE 9 0   9
    FILING FEE/STATE TAX 10 0   10
    INVESTMENT EXPENSES - ADR FEES 463 463   0


    TY 2020 TaxesSchedule
    Name:
    WENTE JESSIE & CARL-MAIN
    EIN:
    94-6422990
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 2,683 2,683   0
    FEDERAL TAX PAYMENT - PRIOR YE 149 0   0
    FEDERAL ESTIMATES - PRINCIPAL 3,064 0   0