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
Henry and Sara Sheehan Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)310 N Kensington Avenue
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
La Grange Park, IL605261870
A Employer identification number

45-4126770
B Telephone number (see instructions)

C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$4,371,210J 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 4  
4 Dividends and interest from securities... 98,891 98,891  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 33,227
b Gross sales price for all assets on line 6a 698,064
7 Capital gain net income (from Part IV, line 2)... 33,227
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 132,122 132,122  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 24,000 3,500   20,500
14 Other employee salaries and wages...... 48,000 6,500   41,500
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 820     820
b Accounting fees (attach schedule)....... Click to see attachment 7,910 2,000   5,910
c Other professional fees (attach schedule).... Click to see attachment 6,085      
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 5,819 1,076   4,743
19 Depreciation (attach schedule) and depletion... Click to see attachment 0    
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 44,300 39,182   5,118
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 136,934 52,258   78,591
25 Contributions, gifts, grants paid....... 100,000 100,000
26 Total expenses and disbursements. Add lines 24 and 25 236,934 52,258   178,591
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -104,812
b Net investment income (if negative, enter -0-) 79,864
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............. 13,673 20,643 20,643
2 Savings and temporary cash investments......... 66,907 75,544 75,544
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 3,269 3,583 3,583
10a Investments—U.S. and state government obligations (attach schedule) 99,862 Click to see attachment99,917 102,344
b Investments—corporate stock (attach schedule)....... 1,660,641 Click to see attachment1,478,524 2,805,550
c Investments—corporate bonds (attach schedule)....... 1,223,639 Click to see attachment1,285,472 1,353,062
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 10,988 Click to see attachment10,484 10,484
14 Land, buildings, and equipment: basis bullet13,333
Less: accumulated depreciation (attach schedule) bullet13,333   Click to see attachment0  
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,078,979 2,974,167 4,371,210
Liabilities 17 Accounts payable and accrued expenses.......... 3,015 3,015
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)......... 3,015 3,015
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........... 3,075,964 2,971,152
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 3,075,964 2,971,152
30 Total liabilities and net assets/fund balances (see instructions). 3,078,979 2,974,167
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
3,075,964
2
Enter amount from Part I, line 27a .....................
2
-104,812
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
2,971,152
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
2,971,152
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 ANHEUSER BUSCH INBEVSPN ADR P 2020-01-01 2020-01-08
b AT&T INC COM P 2019-09-12 2020-05-15
c AT&T INC COM P 2020-01-01 2020-08-24
d BRISTOL MYERS-SQUIBB CO COM P 2020-01-14 2020-09-11
e DISCOVER FINANCIAL SERVICES COM P 2019-09-12 2020-05-15
DISCOVER FINANCIAL SERVICES COM P 2019-09-12 2020-09-11
GOLDMAN FSQ PRIME OBLIGATION FUND P 2020-08-24 2020-09-11
WASATCH CORE GROWTH FUND -INS P 2019-07-24 2020-05-15
APPLE COMPUTER INC COM P 2019-04-11 2020-08-24
APPLE COMPUTER INC COM P 2019-01-01 2020-09-11
BANK OF AMERICA CORP COM P 2019-01-01 2020-05-15
BOEING CO COM P 2013-04-01 2020-01-08
CARRIER GLOBAL CORP COM P 2019-01-01 2020-04-15
CHARLES SCHWAB CORP 4450 072220 P 2015-07-13 2020-07-22
CHEVRONTEXACO CORP COM P 2018-11-05 2020-05-15
COCA COLA CO 245 11012020 P 2015-09-23 2020-11-01
DANAHER CORP COM P 2013-09-13 2020-09-11
DISNEY WALT CO COM P 2019-01-01 2020-05-15
GOLDMAN FSQ PRIME OBLIGATION FUND P 2019-01-01 2020-01-16
GOLDMAN FSQ PRIME OBLIGATION FUND P 2019-01-01 2020-04-07
GOLDMAN FSQ PRIME OBLIGATION FUND P 2019-01-01 2020-07-13
GOLDMAN FSQ PRIME OBLIGATION FUND P 2019-01-01 2020-09-11
J P MORGAN CHASE & CO COM P 2015-06-09 2020-08-24
J P MORGAN CHASE & CO COM P 2015-12-22 2020-09-11
LAM RESEARCH CORP COM P 2019-04-04 2020-08-24
MASTERCARD INC CL A COM P 2018-02-26 2020-08-24
MERCK & CO INC NEW COM P 2019-01-01 2020-01-14
MFS MID CAP GROWTH FUND - R6 P 2019-07-24 2020-08-24
MICROSOFT CORP COM P 2014-11-11 2020-08-24
MICROSOFT CORP COM P 2014-11-11 2020-09-11
OTIS WORLDWIDE CORP COM P 2019-01-01 2020-04-15
PFIZER IN C COM P 2019-01-01 2020-06-10
PHILLIPS 66 COM P 2018-11-06 2020-05-15
PVH CORP COM P 2019-01-01 2020-05-15
SELECT SECTOR SPDR TRUST UTILITIES P 2019-01-01 2020-11-13
SERVICENOW INC COM P 2018-12-13 2020-08-24
SPDR S&P DIVIDEND ETF P 2017-12-18 2020-09-11
T ROWE PR GROWTH STOCK FUND-I P 2015-05-13 2020-08-24
T ROWE PR GROWTH STOCK FUND-I P 2015-05-13 2020-09-11
VANGUARD FTSE DEVELOPED MARKETS ETF P 2019-01-01 2020-05-15
VANGUARD FTSE EMERGING MARKETS ETF P 2019-01-01 2020-09-11
VANGUARD VALUE INDEX-ADM P 2019-03-15 2020-09-11
VANGUARD WORLD MATERIALS ETF P 2019-01-01 2020-11-13
WASATCH CORE GROWTH FUND -INS P 2019-07-24 2020-08-24
WASATCH CORE GROWTH FUND -INS P 2019-07-24 2020-09-11
(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 12,266   13,468 -1,202
b 2,823   3,820 -997
c 14,824   18,587 -3,763
d 8,762   9,947 -1,185
e 1,923   4,239 -2,316
8,135   12,716 -4,581
11,853   11,854 -1
5,000   5,982 -982
7,722   3,007 4,715
7,448   2,526 4,922
3,203   4,749 -1,546
13,330   3,412 9,918
2,681   4,151 -1,470
75,000   75,000  
2,265   2,958 -693
50,000   50,000  
5,104   1,309 3,795
5,244   5,779 -535
50,030   50,008 22
20,000   19,994 6
100,000   99,913 87
13,147   13,133 14
4,921   3,344 1,577
2,498   1,639 859
8,959   4,806 4,153
8,478   4,442 4,036
8,965   6,577 2,388
5,000   4,216 784
5,369   1,221 4,148
15,547   3,662 11,885
4,386   6,223 -1,837
10,797   12,808 -2,011
3,521   5,024 -1,503
6,014   17,601 -11,587
46,255   39,133 7,122
6,790   2,600 4,190
4,722   4,710 12
10,000   6,191 3,809
10,000   6,383 3,617
31,234   36,494 -5,260
43,247   42,902 345
3,000   3,075 -75
29,601   27,636 1,965
5,000   4,650 350
3,000   2,948 52
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        
b        
c        
d        
e        
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 33,227
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 -15,027
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 1,110
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 1,110
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 1,110
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 2,000
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 2,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 890
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet890 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (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)
    bulletIL
    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 addressbullethttpsarascholarship.org
    14
    The books are in care ofbulletConstance L Witkowski Telephone no.bullet (708) 579-1308

    Located atbullet310 N Kensington AvenueLa Grange ParkIL ZIP+4bullet60526
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet2019, 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
     
    No
    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
    Joseph S Witkowski President
    3.00     		24,200 0 0
    310 N Kensington Avenue
    La Grange Park,IL605261870
    Linda Bykowski Director
    1.00     		200 0 0
    816 Regner Road
    McHenry,IL60051
    Billie J Paige Treasurer
    1.00     		200 0 0
    24725 South Chesnut Lane
    Crete,IL60417
    Susan Kutchta Director
    1.00     		200 0 0
    28572 Windmere Court
    Lake Bluff,IL60044
    Catherine Dickson Director
    1.00     		200 0 0
    1801 Van Landingham Drive
    McKinney,TX750714779
    Constance L Witkowski Executive Director
    7.00     		48,000 0 0
    310 N Kensington Avenue
    La Grange Park,IL60526
    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.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 Administration of scholarship awards program 78,591
    2 Recipient scholarship awards issued 100,000
    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
    4,056,800
    b
    Average of monthly cash balances.......................
    1b
    88,384
    c
    Fair market value of all other assets (see instructions)................
    1c
    16,759
    d
    Total (add lines 1a, b, and c).........................
    1d
    4,161,943
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    4,161,943
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    62,429
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    4,099,514
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    204,976
    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
    204,976
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    1,110
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,110
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    203,866
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    203,866
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    203,866
    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
    178,591
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    178,591
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    178,591
    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 7 203,866
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 28,605
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 178,591
    a Applied to 2019, but not more than line 2a 28,605
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2020 distributable amount..... 149,986
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2020.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		53,880
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    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:
    Constance L Witkowski Exec Dir
    310 N Kensington Avenue
    La Grange Park,IL60526
    (708) 579-1308
    clwitkowski@yahoo.com
    bThe form in which applications should be submitted and information and materials they should include:
    Completed Sara Scholarship Application formCopy of Official High School Transcript (including Fall semester grades from senior year)Applicants personal essay and Letter of RecommendationCopy of applicants Student Aid Report (SAR), including the Expected Family Contribution (EFC)In order to qualify for the Sara Scholarship, you must first file a Free Application For Student Aid (FAFSA)
    cAny submission deadlines:
    April 30 2021
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Recipient must be female, college bound high school senior, GPA of at least 3.3 on a 4.0 scale, financial need, involvement with golf
    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
    Kyla Guru
    1354 Laurel Avenue
    Deerfield,IL60015     		None I Scholarship 2,000
    Aster Disbrow
    10455 LaSalle Blvd
    Huntington Woods,MI48070     		None I Scholarship 2,000
    Taylor Garvin
    109 West 6th Street PO Box 564
    Wilton,IA52778     		None I Scholarship 2,000
    Iris Ung
    3424 E Hunter Bend Ct
    Mansfield,TX76063     		None I Scholarship 2,000
    Jane Nyman
    980 NW Hillside Park Drive
    Bend,OR97703     		None I Scholarship 2,000
    Tayler Talley
    961 River Bend Drive
    Bumpass,VA23024     		None I Scholarship 2,000
    Kenna DeRosa
    452 Acorn Pass
    Hartford,WI53027     		None I Scholarship 2,000
    Gianna Wessler
    312 N Laurel Street
    Lincolnton,NC28092     		None I Scholarship 2,000
    Kathryn Costello
    602 E Oakton St
    Arlington Heights,IL60004     		None I Scholarship 2,000
    Sharon Abdulsalam
    2247 Southland Road
    Gwynn Oak,MD21207     		None I Scholarship 2,000
    Riona Westphal
    6211 E Waverly St
    Inverness,FL34452     		None I Scholarship 2,000
    Megan Trinh
    12030 Laguna Terrace Dr
    Houston,TX77041     		None I Scholarship 2,000
    Monique Biantes
    624 W Thorton Avenue
    Hemet,CA92543     		None I Scholarship 2,000
    Grace Christensen
    3630 Winding Creek Road
    Sacramento,CA95864     		None I Scholarship 2,000
    Susan Cook
    9 E Allaire Street
    Ely,MN55731     		None I Scholarship 2,000
    Sara Harris
    1313 Winston Drive
    McKinney,TX75070     		None I Scholarship 2,000
    Trinity Hood
    5914 Gaviota Avenue
    Long Beach,CA90805     		None I Scholarship 2,000
    Hannah Idlett
    309 East 5th Street
    Drumright,OK74030     		None I Scholarship 2,000
    Anum Imran
    3351 Newburg Place SW
    Concord,NC28027     		None I Scholarship 2,000
    Mariel Mayhew
    2211 Summit Ridge
    San Marcos,TX78666     		None I Scholarship 2,000
    Connie Quintana
    206 Lora Lane
    Fillmore,CA93015     		None I Scholarship 2,000
    Samantha Torres
    719 Alta Vista Road
    Mill Valley,CA94941     		None I Scholarship 2,000
    Camryn Turner
    4920 Westbridge Circle
    Lansing,MI48917     		None I Scholarship 2,000
    Allie Wehrli
    7816 S College Avenue
    Tulsa,OK74136     		None I Scholarship 2,000
    Tara Winebold
    332 Deer Creek Drive
    Struthers,OH44471     		None I Scholarship 2,000
    Slyana Popova
    601 Quincy Bridge Lane Apt 301
    Glenview,IL60025     		None I Scholarship 2,000
    Mairghread Ebel
    1917 Tudor Lane
    New Lenox,IL60451     		None I Scholarship 2,000
    Jessica Bey
    7065 Strawberry Lane
    Stanfield,NC28163     		None I Scholarship 2,000
    Chloe Bragg
    486 Lake Barnegat Dr N
    Forked River,NJ08731     		None I Scholarship 2,000
    Katelyn Bruick
    5627 Thompson Road
    Fort Wayne,IN46816     		None I Scholarship 2,000
    Anne Crabill
    121 Ironwoods Drive
    Chapel Hill,NC27516     		None I Scholarship 2,000
    Alexis Florio
    48 Collingwood Drive
    Cranston,RI02921     		None I Scholarship 2,000
    Andrea Gonzalez
    150 East 80th St
    Los Angeles,CA90003     		None I Scholarship 2,000
    Faith Hopkins
    2608 SE Vicksburg Street
    Bartlesville,OK74006     		None I Scholarship 2,000
    Kailyn Lie
    11107 Petworth Drive
    Houston,TX77072     		None I Scholarship 2,000
    Kaylee Roberts
    2027 Kimberly Drive
    Somerset,KY42503     		None I Scholarship 2,000
    Robyn Stillmunkes
    31428 Bellevue Drive
    Bellevue,IA52031     		None I Scholarship 2,000
    Nywel Cheaye
    823 S Gwynn Ct
    Bear,DE19701     		None I Scholarship 2,000
    Rhea Advani
    43244 Coit Avenue
    Fremont,CA94539     		None I Scholarship 2,000
    Emily Anderson
    1316 Joshua Street
    Kaukauna,WI54130     		None I Scholarship 2,000
    Jaden Cardoso
    1408 Hammel Drive
    Angola,IN46703     		None I Scholarship 2,000
    Alyssa Haro
    1403 W Caldwell St
    Compton,CA90220     		None I Scholarship 2,000
    Sabria Henry-Hunter
    1602 Harding Street
    Seaside,CA93955     		None I Scholarship 2,000
    Hailey Hughes
    7266 East 19th St
    Tucson,AZ85710     		None I Scholarship 2,000
    Sierra Jameson
    PO Box 341
    Roaring Springs,TX79256     		None I Scholarship 2,000
    Martena Long
    12814 Monroe Road 859
    Paris,MO65275     		None I Scholarship 2,000
    Annabelle Mascot
    28428 Tulare Ln
    Agoura Hills,CA91301     		None I Scholarship 2,000
    Olivia Mendoza
    399 Tampa Ct
    Foster City,CA94404     		None I Scholarship 2,000
    Carla Mosquera
    14431 Chadron Ave Apt 28
    Hawthorne,CA90250     		None I Scholarship 2,000
    Evelyn Nava
    2056 W Cullom Ave
    Chicago,IL60618     		None I Scholarship 2,000
    Total .................................bullet 3a 100,000
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		900001   14 4  
    4 Dividends and interest from securities.... 900001   14 98,891  
    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 ............     		900001   18 33,227  
    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)..   132,122  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    132,122
    (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.)
    03 Investment income
    04 Investment income
    08 Investment income
    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:
    Henry and Sara Sheehan Foundation
    EIN:
    45-4126770
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Stein Certified Public Account 7,910 2,000 0 5,910

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

    TY 2020 DepreciationSchedule
    Name:
    Henry and Sara Sheehan Foundation
    EIN:
    45-4126770
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    Computer 2014-01-27 1,073 1,072 SL 4 0 0 0  
    Website developments 2013-01-01 7,094 7,094 SL 3 0 0 0  
    Website Update 2016-10-25 5,166 5,166 SL 3 0 0 0  

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    Henry and Sara Sheehan Foundation
    EIN:
    45-4126770
    Name of Bond End of Year Book Value End of Year Fair Market Value
    Bank of America 3.24% 10.21.27 47,824 55,954
    Coca Cola 2.45% 11.01.20 0 0
    Ameriprise Finl 4.0% 10.15.23 50,797 55,107
    Comcast Corp 3.375% 08.15.25 52,689 55,786
    Goldman Sachs 103,051.975 MM 103,145 103,154
    State Street 3.30% 12.16.24 49,337 55,480
    Exxon Mobil Corp 3.29% 3.19.27 56,165 56,982
    Franklin Res 2.85% 03.30.25 52,038 54,531
    Trust Fin 4.00% 05.01.25 53,444 56,618
    Oracle Corp 2.65% 04.15.2026 47,632 54,947
    Bank of Nova Scotia 2.50% 1.08 49,781 50,010
    JPMorgan Chase 2.7% 05.18.23 49,026 52,568
    Microsoft Corp 2.4% 08.08.26 46,773 54,550
    Toronto Dominion 1.8% 07.13.21 49,323 50,416
    Chas Schwab 4.00% 11/01/2029 60,466 59,810
    Shell Intl 3.25% 05.11.25 52,384 55,422
    Royal Bank 2.75% 02.01.22 49,745 51,369
    Target Corp 3.50 07/01/2024 51,348 55,352
    Vanguard ST Admiral Shares 209,725 213,339
    Wells Fargo 3.069% 01.24.23 49,318 51,427
    Novartis Cap 3.40% 05.06.24 52,360 54,851
    Metlife 4.368% 09.15.23 52,152 55,389

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    Henry and Sara Sheehan Foundation
    EIN:
    45-4126770
    Name of Stock End of Year Book Value End of Year Fair Market Value
    Eaton Corp PLC 375 shares 24,914 45,053
    AmazonCom 50 sh 19,195 162,641
    Apple Inc 875 shares 14,982 116,104
    Blackrock 25 shares 13,616 18,039
    Discover Fin 200 shares 0 0
    Chevron Corp 225 shares 16,966 19,001
    Cigna Corp 115 shares 25,357 23,941
    AT&T 600 shares 0 0
    Comcast Corp New CL A 950 sha 16,785 49,780
    Danaher Corp 275 shares 12,739 61,089
    Disney Walt Co 250 shares 12,558 45,295
    Alphabet Cl A 38 sh 17,708 66,600
    Ameriprise Fin 275 shares 34,879 53,441
    Fidelity Natl 400 shares 31,405 56,584
    Gilead Sciences Inc 275 sh 4,738 16,022
    Facebook Inc 150 shares 23,061 40,974
    Illinois Tool Works Inc 100 8,703 20,388
    JP Morgan Chase 425 sh 26,641 54,005
    Lowes Cos Inc 300 sh 24,376 48,153
    Pfizer Inc 700 shares 12,505 25,767
    Phillip Morris Intl Inc 275 25,099 22,767
    Proctor & Gamble 250 shares 19,786 34,785
    MFS Mid Cap 4400351 shares 96,784 133,727
    McDonalds 175 shares 21,894 37,552
    Mondelez Intl 350 shares 15,879 20,465
    Pvh Corp 150 shares 0 0
    Boeing Co 40 shares 0 0
    Allstate Corp 325 shares 22,415 35,727
    Ishares Nasdaq Biotech 100 s 12,795 15,149
    Pepsico 250 shares 25,749 37,075
    Phillips 66 275 shares 21,962 19,234
    Microsoft Corp 500 shares 21,033 111,210
    T Rowe Price Growth 1332512 s 71,441 129,227
    Viatris Inc 87 shares 692 1,630
    Anheuser Busch Inbev 150 sh 0 0
    Harbor Capital 1458557 sh 93,653 152,040
    Select Sector Utilities- 700 s 0 0
    Servicenow Inc 135 sh 22,450 74,308
    United Healthcare 75 sh 13,276 26,301
    Spdr S&P Dividend ETF 550 sh 42,218 58,262
    Starbucks Corp 100 shares 8,339 10,698
    Stryker Corp 125 shares 23,702 30,630
    Thermo Fisher Scien 75 shares 21,897 34,934
    Facebook Inc Cl A 150 sh 0 0
    Honeywell Intl Inc 225 sh 27,279 47,858
    Kinder Morgan Inc 900 sh 17,507 12,303
    Lam Research Corp 175 sh 26,625 82,847
    Mastercard Inc Cl A 200 sh 25,763 71,388
    Merck & Co Inc New325 sh 20,933 26,585
    Nextera Energy 645 sh 49,853 49,762
    T Rowe Price Blue Grow 221529 200,000 367,517
    Raytheon Tech 275 shares 18,788 19,665
    Union Pac Corp150 sh 19,099 31,233
    United Technol Corp200 sh 0 0
    Vanguard Ftse Devel ETF900 s 0 0
    Vanguard World Mater ETF200 s 0 0
    Vanguard Value Index 1511461 54,556 70,147
    Vanguard Ftse Emerg ETF990 sh 0 0
    Wasatch Core Gr 876844 shares 66,421 81,275
    Bank of America Corp1200 sh 29,508 36,372

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    Henry and Sara Sheehan Foundation
    EIN:
    45-4126770
    US Government Securities - End of Year Book Value:

    49,991
    US Government Securities - End of Year Fair Market Value:

    51,123
    State & Local Government Securities - End of Year Book Value:


     
    State & Local Government Securities - End of Year Fair Market Value:


     


    TY 2020 InvestmentsOtherSchedule2
    Name:
    Henry and Sara Sheehan Foundation
    EIN:
    45-4126770
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    Accrued income- Equities Investment   1,569 1,569
    Accrued income- Fixed Income   8,914 8,914
    Accrued income-Cash   1 1

    TY 2020 LandEtcSchedule2
    Name:
    Henry and Sara Sheehan Foundation
    EIN:
    45-4126770
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Furniture and equipment 1,073 1,073 0 0
    Website development 7,094 7,094 0 0
    Website Update 5,166 5,166 0 0


    TY 2020 LegalFeesSchedule
    Name:
    Henry and Sara Sheehan Foundation
    EIN:
    45-4126770
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Hoogendoorn & Talbot LLP 820 0 0 820


    TY 2020 OtherExpensesSchedule
    Name:
    Henry and Sara Sheehan Foundation
    EIN:
    45-4126770
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment management fees 39,182 39,182 0 0
    Insurance-Liability 3,457 0 0 3,457
    Board fees 1,200 0 0 1,200
    Fees and licenses 28 0 0 28
    Miscellaneous 35 0 0 35
    Postage 45 0 0 45
    Office supplies 353 0 0 353


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    Henry and Sara Sheehan Foundation
    EIN:
    45-4126770
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Contracted services 3,463 0 0 0
    Web design services 2,622 0 0 0


    TY 2020 TaxesSchedule
    Name:
    Henry and Sara Sheehan Foundation
    EIN:
    45-4126770
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Payroll taxes 5,508 765 0 4,743
    Federal excise tax 275 275 0 0
    Foreign tax paid 36 36 0 0