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
CLAREMONT S JACKMAN FOUNDATION 752006401
 
Number and street (or P.O. box number if mail is not delivered to street address)JOHNSON BANK 525 JUNCTION ROAD ST
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MADISON, WI53717
A Employer identification number

39-1733837
B Telephone number (see instructions)

(608) 203-3953
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$2,649,582J 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... 41,591 41,591  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 56,682
b Gross sales price for all assets on line 6a 1,098,219
7 Capital gain net income (from Part IV, line 2)... 56,682
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)....... Click to see attachment 4,977 621  
12 Total. Add lines 1 through 11........ 103,250 98,894  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 21,377 21,377    
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 750 0 0 750
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 318 318   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).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 22,445 21,695 0 750
25 Contributions, gifts, grants paid....... 116,900 116,900
26 Total expenses and disbursements. Add lines 24 and 25 139,345 21,695 0 117,650
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -36,095
b Net investment income (if negative, enter -0-) 77,199
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.............      
2 Savings and temporary cash investments......... 25,914 29,274 29,274
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).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,199,142 Click to see attachment2,160,315 2,620,308
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,225,056 2,189,589 2,649,582
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........ 2,225,056 2,189,589
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 2,225,056 2,189,589
30 Total liabilities and net assets/fund balances (see instructions). 2,225,056 2,189,589
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
2,225,056
2
Enter amount from Part I, line 27a .....................
2
-36,095
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
631
4
Add lines 1, 2, and 3 ..........................
4
2,189,592
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
3
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
2,189,589
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 33.795 INV OPP INTL GRWTH-R6   2019-12-13 2020-02-03
b 847.212 INV OPP INTL GRWTH-R6   2017-12-26 2020-02-03
c 2311.734 BAIRD INTERMEDIATE BD-INSTL     2020-02-03
d 52.456 T ROWE PR GROWTH STOCK-I   2019-12-13 2020-02-03
e 216.861 T ROWE PR GROWTH STOCK-I   2017-12-14 2020-02-03
95.097 PRINCIPAL MIDCAP FUND-INS     2020-02-03
97.509 PRINCIPAL MIDCAP FUND-INS   2016-11-21 2020-02-03
882.352 BAIRD INTERMEDIATE BD-INSTL     2020-03-02
1012.182 METROPOLITAN WEST T/R BOND-I     2020-03-02
84.193 METROPOLITAN WEST T/R BOND-I     2020-03-02
852.859 VANGUARD GNMA FUND-ADM     2020-03-03
331.514 BAIRD INTERMEDIATE BD-INSTL     2020-03-10
1459.143 BAIRD INTERMEDIATE BD-INSTL     2020-03-10
1036.73656 BLACKROCK STRAT INC OPP-INST     2020-03-10
15.83144 BLACKROCK STRAT INC OPP-INST   2017-12-26 2020-03-10
59.668 BLACKROCK STRAT INC OPP-INST     2020-03-10
2101.291 METROPOLITAN WEST T/R BOND-I     2020-03-10
2722.342 METROPOLITAN WEST T/R BOND-I     2020-03-10
1830.986 VANGUARD GNMA FUND-ADM   2020-02-03 2020-03-10
81. ISHARES RUSSELL MIDCAP VALUE ETF   2020-03-02 2020-03-18
151.169 PEAR TREE POL-F/V SM CAP-IN   2019-12-10 2020-03-18
4892.504 PEAR TREE POL-F/V SM CAP-IN     2020-03-18
759.259 VANGUARD GNMA FUND-ADM     2020-03-27
1002.186 INV OPP INTL GRWTH-R6     2020-04-15
1441.774 VANGUARD GNMA FUND-ADM     2020-04-17
646. ISHARES RUSSELL 1000 VALUE ETF     2020-04-30
189.651 INV OPP INTL GRWTH-R6   2016-11-21 2020-06-03
459.937 AMERICAN BEACON LON INC E-IS     2020-06-03
17.45201 AMERICAN BEACON LON INC E-IS     2020-06-03
24.34099 AMERICAN BEACON LON INC E-IS     2020-06-03
59. ISHARES TR S & P 500 INDEX FD   2020-02-03 2020-06-03
312.104 T ROWE PR GROWTH STOCK-I   2020-04-30 2020-06-03
29.1 WF SPEC SM CAP VAL-INST   2019-12-17 2020-06-11
950.90072 WF SPEC SM CAP VAL-INST     2020-06-11
219.70528 WF SPEC SM CAP VAL-INST   2017-12-26 2020-06-11
435.189 T ROWE PR GROWTH STOCK-I     2020-07-27
352.409 T ROWE PR GROWTH STOCK-I     2020-07-27
4818.565 BAIRD INTERMEDIATE BD-INSTL     2020-08-20
13.385 BLACKROCK STRAT INC OPP-INST     2020-09-03
4495.05 PUTNAM U/S DUR INC-Y     2020-09-25
235.48248 BAIRD INTERMEDIATE BD-INSTL     2020-10-29
18.93652 BAIRD INTERMEDIATE BD-INSTL   2020-08-25 2020-10-29
271.896 BAIRD INTERMEDIATE BD-INSTL   2017-01-30 2020-10-29
9.093 DIAMOND HILL HIGH YIELD-I   2020-08-28 2020-10-29
1955.088 DIAMOND HILL HIGH YIELD-I     2020-10-29
1773.6298 VANGUARD GNMA FUND-ADM     2020-10-29
36.0712 VANGUARD GNMA FUND-ADM     2020-10-29
9.908 DIAMOND HILL HIGH YIELD-I     2020-11-02
77.806 INVESCO DEVELOPING MARKETS FUND     2020-12-02
658.103 INV OPP INTL GRWTH-R6     2020-12-02
47.492 AMERICAN BEACON LON INC E-IS     2020-12-02
5540.467 AMERICAN BEACON LON INC E-IS     2020-12-02
4. ISHARES TR S & P 500 INDEX FD   2020-10-29 2020-12-02
132.938 T ROWE PR GROWTH STOCK-I   2020-03-18 2020-12-02
221.533 VANGUARD SELECTED VALUE FUND   2019-12-17 2020-12-02
2956.849 VANGUARD SELECTED VALUE FUND     2020-12-02
12.28844 WF SPEC SM CAP VAL-R6   2017-12-18 2020-12-02
160.52256 WF SPEC SM CAP VAL-R6   2017-12-18 2020-12-02
140.197 INVESCO DEVELOPING MARKETS FUND   2020-07-27 2020-12-08
7.55 AMERICAN BEACON LON INC E-IS   2020-04-01 2020-12-08
434.098 ARTISAN INTL VALUE FUND-INS   2020-12-02 2020-12-08
197.509 ARTISAN INTL VALUE FUND-INS   2017-11-21 2020-12-08
154.589 BLACKROCK STRAT INC OPP-K   2020-12-02 2020-12-08
66.451 DODGE & COX STK FD     2020-12-08
358.306 FED HERM ULTRA SHRT BND-INST     2020-12-08
57. ISHARES TR S & P 500 INDEX FD   2020-10-29 2020-12-08
287.253 METROPOLITAN WEST T/R BOND-I     2020-12-08
140.333 T ROWE PR GROWTH STOCK-I   2020-03-18 2020-12-08
135.302 PRIMECAP ODYSSEY AGGR GRTH   2020-12-02 2020-12-08
204.309 PRINCIPAL MIDCAP FUND-INS   2020-12-02 2020-12-08
158.73 VANGUARD GNMA FUND-ADM     2020-12-08
183.335 WF SPEC SM CAP VAL-R6     2020-12-08
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
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CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
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CAPITAL GAIN DIVIDENDS P    
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(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 1,477   1,475 2
b 37,023   36,811 212
c 26,400   26,016 384
d 4,012   3,756 256
e 16,588   13,580 3,008
3,061   2,911 150
3,139   2,228 911
10,200   9,933 267
11,448   11,150 298
952   934 18
9,100   9,026 74
3,832   3,644 188
16,868   16,395 473
10,253   10,320 -67
157   158 -1
590   596 -6
23,829   23,057 772
30,871   28,966 1,905
19,500   19,372 128
4,774   6,889 -2,115
1,386   2,104 -718
44,864   74,441 -29,577
8,200   8,012 188
36,700   34,830 1,870
15,600   15,203 397
71,675   84,726 -13,051
8,100   6,492 1,608
7,975   8,586 -611
303   316 -13
422   434 -12
18,462   19,288 -826
24,600   22,359 2,241
796   1,041 -245
25,998   33,932 -7,934
6,007   7,883 -1,876
36,634   26,817 9,817
29,666   22,763 6,903
57,100   55,914 1,186
135   134 1
45,400   45,310 90
2,774   2,719 55
223   224 -1
3,203   2,985 218
103   103  
22,093   19,913 2,180
19,013   19,161 -148
387   391 -4
112   112  
4,000   3,484 516
34,300   22,525 11,775
938   856 82
109,424   94,951 14,473
1,470   1,333 137
13,000   7,413 5,587
6,090   5,959 131
81,284   81,222 62
427   463 -36
5,573   6,047 -474
7,300   6,261 1,039
150   107 43
16,839   16,561 278
7,661   7,556 105
1,600   1,594 6
13,400   13,611 -211
3,300   3,300  
21,140   18,999 2,141
3,200   3,351 -151
13,900   7,825 6,075
7,700   7,540 160
7,300   7,198 102
1,700   1,712 -12
6,600   6,486 114
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
      33,841
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
b       212
c       384
d       256
e       3,008
      150
      911
      267
      298
      18
      74
      188
      473
      -67
      -1
      -6
      772
      1,905
      128
      -2,115
      -718
      -29,577
      188
      1,870
      397
      -13,051
      1,608
      -611
      -13
      -12
      -826
      2,241
      -245
      -7,934
      -1,876
      9,817
      6,903
      1,186
      1
      90
      55
      -1
      218
       
      2,180
      -148
      -4
       
      516
      11,775
      82
      14,473
      137
      5,587
      131
      62
      -36
      -474
      1,039
      43
      278
      105
      6
      -211
       
      2,141
      -151
      6,075
      160
      102
      -12
      114
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 56,682
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 1,073
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 1,073
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 1,073
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 960
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.............. 7 960
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 9 113
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 taxBullet0 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)
    bulletWI
    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 addressbullet  
    14
    The books are in care ofbulletJOHNSON BANK - TRUST DEPT Telephone no.bullet (608) 743-1594

    Located atbullet1 S MAIN STJANESVILLEWI ZIP+4bullet53545
    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
    JOHNSON BANK TRUSTEE
    2     		21,377    
    1 S MAIN ST
    JANESVILLE,WI53545
    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
    2,352,721
    b
    Average of monthly cash balances.......................
    1b
    58,013
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,410,734
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    2,410,734
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    36,161
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,374,573
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    118,729
    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
    118,729
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    1,073
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,073
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    117,656
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    117,656
    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
    117,656
    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
    117,650
    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
    117,650
    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
    117,650
    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 7 117,656
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 116,900
    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$ 117,650
    a Applied to 2019, but not more than line 2a 116,900
    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..... 750
    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 ..........     		116,906
    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 e-mail address of the person to whom applications should be addressed:
    JOHNSON BANK - TRUST DEPT
    1 S MAIN ST
    JANESVILLE,WI53545
    (608) 743-1594
    N/A
    bThe form in which applications should be submitted and information and materials they should include:
    NONE
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    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
    SPIRIT HORSE EQUINE RESC & ED CENTER
    4107 N RIVERS EDGE DR
    JANESVILLE,WI53548     		NONE PC PROGRAM SUPPORT 1,000
    Madison 32 Masonic Learning Center
    Childrens Dyslexia Centers Inc
    301 WISCONSIN AVENUE
    Madison,WI53703     		NONE PC PROGRAM SUPPORT 5,000
    Braille Library & Transcribing
    Service
    517 N SEGOE RD 200
    Madison,WI53705     		NONE PC PROGRAM SUPPORT 1,750
    Mercy Foundation
    1000 MINERAL PT AVENUE
    Janesville,WI53545     		NONE PC PROGRAM SUPPORT 3,000
    Young Men's Christian Association
    221 DODGE STREET
    Janesville,WI53545     		NONE SOUNK PROGRAM SUPPORT 5,000
    Start Foundation
    2532 FOSTER AVENUE
    Janesville,WI53545     		NONE PC PROGRAM SUPPORT 3,250
    SALVATION ARMY OF DANE COUNTY
    630 EAST WASHINGTON AVENUE
    MADISON,WI53703     		NONE PC PROGRAM SUPPORT 4,250
    SALVATION ARMY OF ROCK COUNTY
    514 SUTHERLAND AVENUE
    JANESVILLE,WI53545     		NONE PC PROGRAM SUPPORT 4,250
    Girl Scouts of Wisconsin
    22710 SKI LANE
    Madison,WI53713     		NONE PC PROGRAM SUPPORT 5,000
    YWCA of North Rock County
    1735 S WASHINGTON STREET
    Janesville,WI53546     		NONE PC PROGRAM SUPPORT 5,000
    Wisconsin Masonic Home Inc
    36275 SUNSET DRVIE
    Dousman,WI53118     		NONE PC PROGRAM SUPPORT 2,250
    Easter Seals Wisconsin Inc
    101 NOB HILL ROAD
    Madison,WI53713     		NONE PC PROGRAM SUPPORT 1,500
    Rock County Historical Society
    426 N JACKSON STREET
    Janesville,WI53545     		NONE PC PROGRAM SUPPORT 2,750
    ROCK COUNTY HUMANE SOCIETY
    222 SOUTH ARCH STREET
    JANESVILLE,WI53548     		NONE PC GENERAL SUPPORT 1,000
    Wisconsin Council of the Blind Inc
    421 WILLIAMSON STREET
    Madison,WI53703     		NONE PC PROGRAM SUPPORT 1,000
    Cedar Crest
    1705 S RIVER ROAD
    Janesville,WI53546     		NONE PC PROGRAM SUPPORT 3,500
    Wisconsin Badger Camp Inc
    PO BOX 240
    Platteville,WI53818     		NONE PC PROGRAM SUPPORT 2,250
    Folklore Village Farm Inc
    3210 CTY HWY BB
    Dodgeville,WI53533     		NONE PC PROGRAM SUPPORT 1,500
    Wisconsin Special Olympics Inc
    2310 CROSS ROADS DRIVE STE 1000
    Madison,WI53718     		NONE GROUP PROGRAM SUPPORT 2,250
    Agrace Hospice Inc
    5395 E CHERLY PARKWAY
    Madison,WI53711     		NONE PC PROGRAM SUPPORT 3,500
    HEDBERG PUBLIC LIBRARY FDN
    316 S MAIN STREET
    JANESVILLE,WI53545     		NONE PC PROGRAM SUPPORT 2,250
    UW-Rock County Foundation Inc
    2909 KELLOGG AVENUE
    Janesville,WI53546     		NONE PC PROGRAM SUPPORT 2,750
    MADISON MASONIC CENTER FD
    301 WISCONSIN AVE
    MADISON,WI53702     		NONE PC PROGRAM SUPPORT 2,500
    Friends of Norwegian Culture Inc
    PO BOX 314
    Stoughton,WI53589     		NONE PC PROGRAM SUPPORT 1,500
    Friends of the Arboretum Inc
    1207 SEMINOLE HWY
    Madison,WI53711     		NONE PC PROGRAM SUPPORT 2,250
    Retired Senior Volunteer Program of
    Rock County Inc
    2433 S RIVERSIE DRIVE
    Beloit,WI53511     		NONE PC PROGRAM SUPPORT 3,000
    Boys & Girls Club of Janesville
    200 W COURT ST
    Janesvile,WI53545     		NONE PC PROGRAM SUPPORT 5,000
    The Fdn of WI Auto & Truck DLRS
    PO BOX 5345
    Madison,WI53705     		NONE PC PROGRAM SUPPORT 2,000
    Rotary Gardens Inc
    1455 PALMER DRIVE
    Janesville,WI53546     		NONE PC PROGRAM SUPPORT 2,750
    Healthnet of Rock County Inc
    23 W MILWAUKEE ST
    Janesville,WI53545     		NONE PC PROGRAM SUPPORT 5,000
    Wisconsin Masonic Soccer Fdn
    36275 SUNSET DRIVE
    Dousman,WI53118     		NONE PC PROGRAM SUPPORT 3,000
    Wisconsin Academic Decathlon Fd
    524 DAISY CT
    Verona,WI53593     		NONE PC PROGRAM SUPPORT 2,250
    Janesville Performing Arts Center
    Inc
    PO BOX 8104
    Janesville,WI53545     		NONE PC PROGRAM SUPPORT 3,250
    THE GATHERING PLACE INC
    1001 CHERRY STREET
    GREEN BAY,WI54301     		NONE PC GENERAL SUPPORT 1,500
    Wisconsin Masonic Foundation
    36275 SUNSET DRIVE
    Dousman,WI53118     		NONE PC PROGRAM SUPPORT 8,400
    Job's Daughters Memorial FD of WI
    5015 HARRISON ROAD
    Kenosha,WI53142     		NONE PC PROGRAM SUPPORT 1,500
    GLACIER'S EDGE COUNCIL - BOY SCOUTS OF
    AMERICA
    2300 E RACINE STREET
    Janesville,WI53545     		NONE PC PROGRAM SUPPORT 5,000
    APTIV FOUNDATION
    21 S JACKSON STREET
    JANESVILLE,WI53548     		NONE PC PROGRAM SUPPORT 2,250
    WISCONSIN SCHOOL FOR THE
    VISUALLY HANDICAPPED
    1700 W STATE STREET
    JANESVILLE,WI53546     		NONE PC PROGRAM SUPPORT 1,750
    Total .................................bullet 3a 116,900
    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 41,591  
    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 56,682  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aMISC MF INCOME     		    1 621  
    bEXCISE TAX REFUND     1 4,356  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   103,250  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    103,250
    (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:
    CLAREMONT S JACKMAN FOUNDATION 752006401
    EIN:
    39-1733837
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (ALLOCABLE 750     750

    TY 2020 InvestmentsOtherSchedule2
    Name:
    CLAREMONT S JACKMAN FOUNDATION 752006401
    EIN:
    39-1733837
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    METROPOLITAN WEST T/R BOND AT COST 163,617 177,722
    VANGUARD SELECTED VALUE F IV      
    ARTISAN INTL VALUE FUND-ADV AT COST 153,488 226,794
    OPPENHEIMER DEVELOOPING MTK-I AT COST 79,725 112,397
    BLACKROCK STRAT INC OPP-INST AT COST 73,688 77,176
    DODGE & COX STOCK FUND #145 AT COST 226,110 233,065
    PRINCIPAL MIDCAP FUND-INS AT COST 149,281 190,123
    T ROWE PR GROWTH STOCK-I AT COST 141,957 243,647
    OPPENHEIMER INTL GROWTH FD-I      
    FEDERATED ULTRA SHORT FD-INS AT COST 152,787 154,482
    BAIRD INTERMEDIATE BD-INSTL AT COST 139,137 147,302
    AMERICAN BEACON LON INC E-IS      
    ISHARES CORE S&P 500 ETF AT COST 346,317 470,364
    WF SPEC SM CAP VAL-INST AT COST 55,845 61,759
    PEAR TREE POL-F/V SM CAP-IN      
    ISHARES MSCI ACWI EX US ETF AT COST 140,616 165,379
    ISHARES RUSSELL 1000 VALUE ETF      
    PRIMECAP ODYSSEY AGGR GRTH AT COST 136,787 156,273
    VANGUARD GNMA FUND-ADM AT COST 136,782 138,770
    PUTNAM U/S DUR INC-Y AT COST 24,313 24,361
    VANGUARD EMERG MKTS BND-ADM AT COST 39,865 40,694

    TY 2020 OtherDecreasesSchedule
    Name:
    CLAREMONT S JACKMAN FOUNDATION 752006401
    EIN:
    39-1733837
    Description Amount
    ROUNDING 3


    TY 2020 OtherIncomeSchedule2
    Name:
    CLAREMONT S JACKMAN FOUNDATION 752006401
    EIN:
    39-1733837
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    MISC MUTUAL FUND INCOME 621 621  
    EXCISE TAX REFUND 4,356 0  


    TY 2020 OtherIncreasesSchedule
    Name:
    CLAREMONT S JACKMAN FOUNDATION 752006401
    EIN:
    39-1733837
    Description Amount
    TIMING OF INCOME 631


    TY 2020 TaxesSchedule
    Name:
    CLAREMONT S JACKMAN FOUNDATION 752006401
    EIN:
    39-1733837
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES ON QUALIFIED FOR 286 286   0
    FOREIGN TAXES ON NONQUALIFIED 32 32   0