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
PETER W TAYLOR CHARITABLE TR
 
Number and street (or P.O. box number if mail is not delivered to street address)801 SECOND AVENUE SUITE 1600
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SEATTLE, WA98104
A Employer identification number

23-7383025
B Telephone number (see instructions)

(206) 464-5234
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$3,785,211
J 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... 70,705 70,705  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 129,892
b Gross sales price for all assets on line 6a 1,411,299
7 Capital gain net income (from Part IV, line 2)... 129,892
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 200,597 200,597  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 12,070 6,035   6,035
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)....... 1,040 1,040 0 0
c Other professional fees (attach schedule).... 22,837 22,837   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... 3,571 1,711   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)....... 30     25
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 39,548 31,623 0 6,060
25 Contributions, gifts, grants paid....... 160,000 160,000
26 Total expenses and disbursements. Add lines 24 and 25 199,548 31,623 0 166,060
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,049
b Net investment income (if negative, enter -0-) 168,974
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......... 82,369 103,745 103,745
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)....... 752,752 Click to see attachment637,347 1,207,113
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).......... 2,103,461 Click to see attachment2,198,038 2,474,353
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) 2,938,582 2,939,130 3,785,211
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........ 2,938,582 2,939,130
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)..... 2,938,582 2,939,130
30 Total liabilities and net assets/fund balances (see instructions). 2,938,582 2,939,130
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
2,938,582
2
Enter amount from Part I, line 27a .....................
2
1,049
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
2,599
4
Add lines 1, 2, and 3 ..........................
4
2,942,230
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
3,100
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
2,939,130
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 . CLASS ACTION SETTLEMENT     2020-04-16
b 5. ADOBE SYSTEMS INC.   2019-03-15 2020-02-05
c 4. ADOBE SYSTEMS INC.   2019-03-15 2020-12-03
d 10. ADVANCED AUTO PARTS   2015-11-06 2020-02-05
e 1209.47 JOHCM INTERNATIONAL SEL-I   2018-08-17 2020-03-24
1375.771 JOHCM INTERNATIONAL SEL-I   2015-02-19 2020-12-02
1173.897 JOHCM INTERNATIONAL SEL-I   2020-08-27 2020-12-02
1571.947 PZENA EMERG MKTS VALUE-INST   2018-07-03 2020-03-10
3420.245 PZENA EMERG MKTS VALUE-INST   2018-07-03 2020-03-24
15. AGILENT TECHNOLOGIES INC   2019-12-16 2020-02-05
5. AGILENT TECHNOLOGIES INC   2019-12-16 2020-12-03
30. ALBEMARLE CORP   2017-05-15 2020-02-05
100. ALBEMARLE CORP   2018-03-12 2020-03-12
105. ALBEMARLE CORP   2019-07-12 2020-03-12
10. ALPHABET INC CL C   2017-10-30 2020-02-05
1. ALPHABET INC CL C   2014-08-15 2020-12-03
5. ALPHABET INC CL C   2014-08-15 2020-12-22
10. AMERICAN EXPRESS CO   2019-12-16 2020-02-05
85. AMERICAN EXPRESS CO   2019-12-16 2020-05-29
10. AMERICAN WATER WORKS CO INC   2017-06-22 2020-02-05
5. AMERICAN WATER WORKS CO INC   2017-06-22 2020-12-03
10. AMGEN   2019-09-25 2020-02-05
5. AMGEN   2020-08-26 2020-12-03
6. AMGEN   2019-09-25 2020-12-22
9. AMGEN   2020-08-26 2020-12-22
15. ANALOG DEVICES   2018-03-02 2020-02-05
5. ANALOG DEVICES   2018-03-02 2020-12-03
25. APPLE COMPUTER   2011-07-19 2020-02-05
25. APPLE COMPUTER   2011-07-19 2020-12-03
30. APPLIED MATLS INC   2017-06-22 2020-02-05
5. APPLIED MATLS INC   2017-06-22 2020-12-03
45. APPLIED MATLS INC   2017-06-22 2020-12-11
20. APTARGROUP INC   2014-12-16 2020-02-05
5. APTARGROUP INC   2011-10-12 2020-12-03
30. AVANGRID INC   2016-06-10 2020-02-05
10. AVANGRID INC   2016-05-06 2020-12-03
5. BIOGEN INC   2016-02-16 2020-02-05
14. BIOGEN INC   2019-07-12 2020-08-26
2. BOOKING HOLDINGS INC   2020-02-28 2020-05-29
5. CME GROUP INC.   2019-03-26 2020-02-05
5. CME GROUP INC.   2020-03-25 2020-12-03
2720.588 CALVERT INTL OPPORTUNIT FD-I   2018-08-17 2020-03-24
15. CARLISLE COS INC   2019-02-04 2020-02-05
15. CARLISLE COS INC   2019-02-04 2020-03-19
5. CARLISLE COS INC   2019-02-04 2020-12-03
10. CERNER CORP   2020-05-29 2020-12-03
30. CIENA CORP   2019-12-20 2020-02-05
15. CIENA CORP   2019-12-20 2020-12-03
45. CITIGROUP INC   2019-10-25 2020-02-05
20. CITIGROUP INC   2019-10-25 2020-12-03
20. COLGATE-PALMOLIVE CO   2017-05-15 2020-02-05
5. COLGATE-PALMOLIVE CO   2009-02-24 2020-12-03
15. CROWN CASTLE INTL CORP REIT   2018-10-18 2020-02-05
18. CROWN CASTLE INTL CORP REIT   2014-10-14 2020-03-27
39. CROWN CASTLE INTL CORP REIT   2015-09-22 2020-09-10
43. CROWN CASTLE INTL CORP REIT   2015-09-22 2020-09-11
10. CUMMINS INC   2017-12-04 2020-02-05
5. CUMMINS INC   2017-12-04 2020-12-03
10. DANAHER CORP COMMON   2017-06-23 2020-02-05
5. DANAHER CORP COMMON   2017-06-23 2020-12-03
20. DISNEY (WALT) CO   2019-06-07 2020-02-05
45. DISNEY (WALT) CO   2012-08-17 2020-05-07
5. DISNEY (WALT) CO   2011-07-20 2020-12-03
5. ECOLAB INC   2016-01-07 2020-02-05
12. ECOLAB INC   2020-03-12 2020-05-29
1. ECOLAB INC   2016-01-07 2020-12-03
3. ECOLAB INC   2020-03-12 2020-12-03
25. EMERSON ELECTRIC CO   2018-05-08 2020-02-03
95. EMERSON ELECTRIC CO   2019-10-25 2020-02-03
15. EMERSON ELECTRIC CO   2018-05-08 2020-02-05
10. EMERSON ELECTRIC CO   2018-05-08 2020-12-03
55. FIFTH THIRD BANCORP   2017-02-22 2020-02-05
375. FIFTH THIRD BANCORP   2016-01-28 2020-03-24
35. FIRST SOLAR INC   2019-09-25 2020-02-05
15. FIRST SOLAR INC   2019-09-25 2020-12-03
25. GILEAD SCIENCES INC   2020-02-03 2020-02-05
15. GILEAD SCIENCES INC   2020-03-27 2020-12-03
70. HANNON ARMSTRONG SUSTAINABLE REIT   2018-12-17 2020-02-05
25. HANNON ARMSTRONG SUSTAINABLE REIT   2020-03-12 2020-12-03
15. HANNON ARMSTRONG SUSTAINABLE REIT   2018-12-17 2020-12-11
90. HANNON ARMSTRONG SUSTAINABLE REIT   2020-03-12 2020-12-11
15. HOME DEPOT INC   2011-07-19 2020-02-05
5. HOME DEPOT INC   2011-07-19 2020-12-03
15. HOME DEPOT INC   2011-07-19 2020-12-11
10. INTUIT   2019-12-16 2020-02-05
5. INTUIT   2019-12-16 2020-12-03
17189.565 INVESCO CONSERV INC-INST   2019-07-30 2020-02-03
10. KANSAS CITY SOUTHERN INDS   2014-02-21 2020-02-05
75. KEYCORP (NEW)   2019-11-12 2020-02-05
525. KEYCORP (NEW)   2019-11-12 2020-03-30
20. KIMBERLY CLARK CORP   2019-07-12 2020-02-05
5. KIMBERLY CLARK CORP   2019-07-12 2020-12-03
25. KIMBERLY CLARK CORP   2019-07-12 2020-12-22
15. ESTEE LAUDER COMPANIES - CL A   2015-11-12 2020-02-05
16. ESTEE LAUDER COMPANIES - CL A   2015-11-12 2020-08-26
5. ESTEE LAUDER COMPANIES - CL A   2015-11-12 2020-12-03
30. MERCK & CO INC   2012-08-13 2020-02-05
10. MERCK & CO INC   2020-03-19 2020-12-03
65. MICROSOFT INC.   2015-08-06 2020-02-05
11. MICROSOFT INC.   2015-08-06 2020-05-29
20. MICROSOFT INC.   2015-08-06 2020-12-03
25. MICROSOFT INC.   2015-08-06 2020-12-11
35. MICRON TECHNOLOGY INC   2019-12-19 2020-02-05
20. MICRON TECHNOLOGY INC   2019-12-19 2020-12-03
15. MOHAWK INDUSTRIES INC   2018-05-08 2020-02-05
5. MOHAWK INDUSTRIES INC   2018-05-08 2020-12-03
45. MONDELEZ INTERNATIONAL INC   2017-03-06 2020-02-05
15. MONDELEZ INTERNATIONAL INC   2017-03-06 2020-12-03
50. MORGAN ST DEAN WITTER & CO   2018-06-27 2020-02-05
20. MORGAN ST DEAN WITTER & CO   2018-10-18 2020-12-03
1058.673 MSIF EMG MKTS SMALL CAP-I   2018-07-03 2020-03-24
50. NEW YORK TIMES CO-CL A   2019-09-25 2020-02-05
65. NEW YORK TIMES CO-CL A   2019-09-25 2020-02-28
10. NEW YORK TIMES CO-CL A   2019-08-23 2020-12-03
415. NOKIA CORP ADR   2019-02-20 2020-02-05
1315. NOKIA CORP ADR   2019-02-20 2020-03-24
1635. NOKIA CORP ADR   2019-06-07 2020-03-24
40. NOVO-NORDISK A/S-SPON ADR   2019-02-04 2020-02-05
10. NOVO-NORDISK A/S-SPON ADR   2019-02-04 2020-12-03
60. NOVO-NORDISK A/S-SPON ADR   2017-06-22 2020-12-11
30. ORACLE SYSTEMS CORP.   2012-08-13 2020-02-05
110. ORACLE SYSTEMS CORP.   2012-08-13 2020-09-10
85. ORACLE SYSTEMS CORP.   2012-01-06 2020-09-11
10. PNC FINL SVCS GROUP INC   2018-10-18 2020-02-05
5. PNC FINL SVCS GROUP INC   2018-10-18 2020-12-03
15. PVH CORP   2018-02-14 2020-02-05
10. PVH CORP   2018-02-14 2020-12-03
2612.215 PEAR TREE POL FRGN VAL-INST   2018-04-23 2020-03-24
323.625 PEAR TREE POL FRGN VAL-INST   2018-04-23 2020-12-02
10. PEPSICO INC   2010-01-11 2020-02-05
75. PEPSICO INC   2010-01-11 2020-08-26
35. PORTLAND GENERAL ELECTRIC CO   2019-08-12 2020-02-05
60. PORTLAND GENERAL ELECTRIC CO   2019-08-14 2020-02-28
205. PORTLAND GENERAL ELECTRIC CO   2019-08-14 2020-03-27
15. PRICE T ROWE GROUP INC   2019-10-25 2020-02-05
5. PRICE T ROWE GROUP INC   2019-10-25 2020-12-03
5. PROCTER & GAMBLE CO   2020-06-25 2020-12-03
40. PROCTER & GAMBLE CO   2020-06-25 2020-12-11
1409.619 BOSTON COMMON INTERNATIONAL   2012-06-07 2020-03-24
4582.065 BOSTON COMMON INTERNATIONAL   2012-06-07 2020-04-30
5. REGENERON PHARMACEUTICALS INC   2018-12-17 2020-02-05
15. REGENERON PHARMACEUTICALS INC   2018-12-18 2020-02-25
25. TJX COS INC NEW   2019-07-12 2020-02-05
10. TJX COS INC NEW   2019-07-12 2020-12-03
5. TARGET CORP COM   2019-12-16 2020-02-05
5. TARGET CORP COM   2019-12-16 2020-12-03
10. 3M CO COM   2019-07-12 2020-02-05
5. 3M CO COM   2019-07-12 2020-12-03
5. TOPBUILD CORP   2020-09-10 2020-12-03
10. UNITEDHEALTH GROUP INC.   2019-01-18 2020-02-05
65. UNITEDHEALTH GROUP INC.   2019-01-18 2020-03-19
1299.235 VANGUARD S/C VAL INDX-ADM   2018-03-22 2020-12-02
2981.651 VANGUARD SHORT TRM TREAS-ADM   2020-04-17 2020-07-16
8928.571 VANGUARD SHORT TRM TREAS-ADM   2020-04-17 2020-08-27
5951.529 VANGUARD SHORT TRM TREAS-ADM   2020-04-17 2020-12-02
65. VERIZON COMMUNICATIONS INC.   2019-06-07 2020-02-05
5. VERIZON COMMUNICATIONS INC.   2014-10-14 2020-02-05
25. VERIZON COMMUNICATIONS INC.   2020-03-12 2020-12-03
30. VISA INC CL A   2018-12-17 2020-02-05
10. VISA INC CL A   2018-02-14 2020-12-03
2065.554 VIRTUS VONTOBEL EMERGING MKTS OPP I   2017-04-27 2020-03-24
1510.917 VIRTUS VONTOBEL EMERGING MKTS OPP I   2019-07-30 2020-03-24
11640.441 VIRTUS VONTOBEL EMERGING MKTS OPP I   2017-04-27 2020-10-12
5. VMWARE INC.   2020-09-11 2020-12-03
20. WABTEC CORP   2019-11-12 2020-02-05
10. WABTEC CORP   2019-11-12 2020-12-03
5. WATERS CORP   2019-07-12 2020-02-05
5. WATERS CORP   2019-07-12 2020-12-03
70. WEYERHAEUSER CO   2018-01-22 2020-02-05
490. WEYERHAEUSER CO   2018-12-21 2020-06-25
5. AON PLC   2011-07-20 2020-12-03
10. AON PLC   2011-07-20 2020-02-05
15. ROYAL CARIBBEAN CRUISES LTD   2018-02-02 2020-02-05
110. ROYAL CARIBBEAN CRUISES LTD   2018-02-02 2020-03-19
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CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a 173     173
b 1,825   1,278 547
c 1,956   1,022 934
d 1,374   1,978 -604
e 23,500   25,187 -1,687
41,548   27,309 14,239
35,452   32,200 3,252
13,000   16,222 -3,222
22,300   37,765 -15,465
1,274   1,268 6
573   423 150
2,622   3,215 -593
6,550   10,291 -3,741
6,878   7,425 -547
14,469   8,356 6,113
1,837   575 1,262
8,606   2,877 5,729
1,336   1,236 100
8,146   10,508 -2,362
1,349   812 537
766   406 360
2,320   1,971 349
1,131   1,252 -121
1,330   1,183 147
1,996   2,254 -258
1,748   1,350 398
703   447 256
8,042   1,345 6,697
3,078   336 2,742
1,910   1,304 606
432   217 215
3,917   1,955 1,962
2,359   1,165 1,194
630   244 386
1,589   1,290 299
468   402 66
1,658   1,168 490
3,888   3,266 622
3,253   3,398 -145
1,066   821 245
901   790 111
33,300   46,006 -12,706
2,438   1,649 789
1,811   1,649 162
738   550 188
746   712 34
1,283   1,263 20
681   632 49
3,550   3,298 252
1,143   1,466 -323
1,515   799 716
427   147 280
2,241   1,302 939
2,467   1,393 1,074
6,209   2,930 3,279
6,838   3,128 3,710
1,664   1,653 11
1,131   826 305
1,623   853 770
1,123   426 697
2,833   2,768 65
4,688   2,276 2,412
765   198 567
1,032   528 504
2,537   2,020 517
221   106 115
664   505 159
1,824   1,738 86
6,932   6,742 190
1,141   1,043 98
757   695 62
1,660   1,321 339
5,281   6,697 -1,416
1,856   2,324 -468
1,350   969 381
1,648   1,670 -22
913   1,109 -196
2,455   1,376 1,079
1,346   621 725
837   280 557
5,024   2,234 2,790
3,571   544 3,027
1,351   181 1,170
3,948   544 3,404
2,904   2,637 267
1,795   1,318 477
172,755   172,400 355
1,726   963 763
1,500   1,449 51
5,561   10,140 -4,579
2,898   2,772 126
686   693 -7
3,312   3,465 -153
3,025   1,273 1,752
3,475   1,358 2,117
1,229   424 805
2,556   1,329 1,227
815   709 106
11,686   3,034 8,652
1,994   513 1,481
4,297   933 3,364
5,274   890 4,384
1,990   1,908 82
1,402   1,090 312
2,013   3,433 -1,420
642   1,067 -425
2,614   1,983 631
876   656 220
2,748   2,371 377
1,284   934 350
8,300   12,715 -4,415
1,714   1,461 253
2,403   1,893 510
453   291 162
1,652   2,535 -883
3,814   8,019 -4,205
4,742   8,411 -3,669
2,579   1,944 635
675   486 189
4,160   2,311 1,849
1,643   942 701
6,305   3,213 3,092
4,937   2,298 2,639
1,537   1,243 294
703   622 81
1,354   2,261 -907
886   1,508 -622
35,500   58,148 -22,648
7,000   7,204 -204
1,443   607 836
10,359   4,555 5,804
2,124   1,943 181
3,253   3,325 -72
9,941   11,329 -1,388
2,074   1,708 366
740   569 171
689   586 103
5,424   4,684 740
34,000   30,279 3,721
124,770   98,423 26,347
1,855   1,914 -59
6,726   5,653 1,073
1,557   1,414 143
654   566 88
579   631 -52
875   631 244
1,620   1,722 -102
858   861 -3
836   783 53
2,957   2,648 309
14,166   9,872 4,294
76,109   73,000 3,109
32,500   32,351 149
97,500   96,875 625
64,931   64,574 357
3,835   3,746 89
295   241 54
1,530   1,288 242
6,073   3,833 2,240
2,102   762 1,340
17,557   21,709 -4,152
12,843   17,300 -4,457
139,918   103,378 36,540
707   708 -1
1,619   1,581 38
731   791 -60
1,102   1,082 20
1,166   1,082 84
2,026   2,518 -492
10,464   15,362 -4,898
1,045   249 796
2,290   497 1,793
1,778   1,964 -186
2,434   10,566 -8,132
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
      25,962
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       173
b       547
c       934
d       -604
e       -1,687
      14,239
      3,252
      -3,222
      -15,465
      6
      150
      -593
      -3,741
      -547
      6,113
      1,262
      5,729
      100
      -2,362
      537
      360
      349
      -121
      147
      -258
      398
      256
      6,697
      2,742
      606
      215
      1,962
      1,194
      386
      299
      66
      490
      622
      -145
      245
      111
      -12,706
      789
      162
      188
      34
      20
      49
      252
      -323
      716
      280
      939
      1,074
      3,279
      3,710
      11
      305
      770
      697
      65
      2,412
      567
      504
      517
      115
      159
      86
      190
      98
      62
      339
      -1,416
      -468
      381
      -22
      -196
      1,079
      725
      557
      2,790
      3,027
      1,170
      3,404
      267
      477
      355
      763
      51
      -4,579
      126
      -7
      -153
      1,752
      2,117
      805
      1,227
      106
      8,652
      1,481
      3,364
      4,384
      82
      312
      -1,420
      -425
      631
      220
      377
      350
      -4,415
      253
      510
      162
      -883
      -4,205
      -3,669
      635
      189
      1,849
      701
      3,092
      2,639
      294
      81
      -907
      -622
      -22,648
      -204
      836
      5,804
      181
      -72
      -1,388
      366
      171
      103
      740
      3,721
      26,347
      -59
      1,073
      143
      88
      -52
      244
      -102
      -3
      53
      309
      4,294
      3,109
      149
      625
      357
      89
      54
      242
      2,240
      1,340
      -4,152
      -4,457
      36,540
      -1
      38
      -60
      20
      84
      -492
      -4,898
      796
      1,793
      -186
      -8,132
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 129,892
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 2,349
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 2,349
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 2,349
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 2,644
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 2,644
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 295
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet295 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)
    bulletWA, NJ
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletLAIRD NORTON TRUST CO Telephone no.bullet (206) 464-5234

    Located atbullet801 SECOND AVE SUITE 1600SEATTLEWA ZIP+4bullet98104
    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
    LAIRD NORTON CO TRUSTEE AND MANAGER
    1
    12,070    
    801 SECOND AVENUE SUITE 1600
    SEATTLE,WA98104
    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 NONE  
    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
    3,388,618
    b
    Average of monthly cash balances.......................
    1b
    76,890
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,465,508
    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
    3,465,508
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    51,983
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,413,525
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    170,676
    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
    170,676
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    2,349
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,349
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    168,327
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    168,327
    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
    168,327
    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
    166,060
    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
    166,060
    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
    166,060
    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 7 168,327
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 159,013
    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$ 166,060
    a Applied to 2019, but not more than line 2a 159,013
    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..... 7,047
    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 ..........
    161,280
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......
    0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...
    0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......
    0
    10 Analysis of line 9:
    a Excess from 2016.... 0
    b Excess from 2017.... 0
    c Excess from 2018.... 0
    d Excess from 2019.... 0
    e Excess from 2020.... 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........
    Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....
             
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........
             
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....
             
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)
             
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...
             
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....
             
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....
             
    (3) Largest amount of support
    from an exempt organization
             
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    Foundation
    status of
    recipient
    Purpose of grant or
    contribution
    Amount
    Name and address (home or business)
    aPaid during the year
    BANCROFT
    1255 CALDWELL ROAD
    CHERRY HILL,NJ08034
    NONE PC OPERATING FUNDS 10,000
    SPECOLYMPICS
    SPECIAL OLYMPICS NEW JERSEY
    1 EUNICE KENNEDY SHRIVER WAY
    LAWRENCEVILLE,NJ08648
    NONE PC GENERAL USE 20,000
    AADMD
    PO BOX 681
    PROSPECT,KY40059
    NONE PC GENERAL USE 40,000
    NADOWNSYNDRO
    NATIONAL ASSOC FOR DOWN SYNDROME
    ATTN DEBBIE KRACIK
    PARK RIDGE,IL60068
    NONE PC GENERAL USE 20,000
    NATIONALDOWN
    NATIONAL DOWN SYNDROME SOCIETY
    8 E 41ST STREET 8TH FLOOR
    NEW YORK,NY10017
    NONE PC GENERAL USE 20,000
    GLOBALDOWNSY
    GLOBAL DOWN SYNDROME FOUNDATION
    3239 E 2ND AVENUE
    DENVER,CO80206
    NONE PC GENERAL USE 20,000
    LUMINDIDSCFD
    LUMIND IDSC FOUNDATION
    ATTN JILL
    BURLINGTON,MA018034126
    NONE PC GENERAL USE 20,000
    FEEDING AMERICA
    PO BOX 96749
    WASHINGTON,DC200906749
    NONE PC GENERAL USE 10,000
    Total .................................bullet 3a 160,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........
             
    4 Dividends and interest from securities....     14 70,705  
    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 ............
        18 129,892  
    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)..   200,597  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    200,597
    (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:
    PETER W TAYLOR CHARITABLE TR
    EIN:
    23-7383025
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE 1,040 1,040    

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    PETER W TAYLOR CHARITABLE TR
    EIN:
    23-7383025
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ADVANCED AUTO PARTS 8,379 10,238
    DISNEY WALT CO NEW 4,546 20,836
    HOME DEPOT INC 2,899 21,250
    MOHAWK INDUSTRIES INC 21,837 22,552
    COLGATE PALMOLIVE CO 3,673 10,689
    LAUDER ESTEE COS CL A 4,003 13,043
    MONDELEZ INTERNATIONAL INC 12,535 16,956
    PEPSICO INC    
    PROCTER & GAMBLE CO 12,954 15,723
    FIFTH THIRD BANCORP    
    MORGAN STANLEY 11,644 29,468
    PNC FINANCIAL SERVICES GROUP 11,581 18,625
    BIOGEN INC 11,672 13,712
    GILEAD SCIENCES INC 17,000 14,565
    MERCK & CO INC 16,173 24,540
    REGENERON PHARMACEUTICALS INC 9,660 13,527
    UNITEDHEALTH GROUP INC    
    CARLISLE COS INC 4,855 10,933
    KANSAS CITY SOUTHERN 5,629 13,268
    3M CO 7,689 13,983
    ALPHABET INC CL C 9,660 56,060
    APPLE INC 8,544 84,258
    CME GROUP INC 5,487 10,923
    MICROSOFT CORP 211 87,633
    ORACLE CORPORATION    
    VISA INC 9,516 47,027
    VERIZON COMMUNICATIONS 25,062 31,255
    AVANGRID INC 7,827 9,090
    APTARGROUP INC    
    ECOLAB INC 6,200 12,765
    CROWN CASTLE INTL CORP REIT    
    HANNON ARMSTRONG SUSTAINABLE R 5,886 32,032
    AON PLC 2,984 12,676
    CUMMINS INC 16,768 21,575
    DANAHER CORP 7,248 18,882
    ANALOG DEVICES INC 7,406 12,557
    APPLIED MATERIALS INC 6,334 13,808
    AMERICAN WATER WORKS CO INC 5,167 9,976
    ALBEMARLE CORP    
    WEYERHAEUSER CO REIT    
    ROYAL CARIBBEAN CRUISES LTD    
    NOVO-NORDISK A S SPONS ADR 6,822 13,272
    PVH CORP 15,227 11,267
    CITIGROUP INC 27,886 28,055
    EMERSON ELEC CO 13,941 16,476
    BOOKING HOLDINGS INC 3,625 13,364
    INTUIT 14,870 26,590
    WATERS CORP 10,259 12,371
    EQUINOR ASA SPONS ADR    
    TARGET CORP 14,336 23,302
    TJX COS INC 10,875 13,658
    KIMBERLY CLARK CORP 15,234 14,831
    AMERICAN EXPRESS CO    
    KEYCORP NEW    
    PRICE T ROWE GROUP INC 11,513 16,653
    AMGEN INC 10,645 12,416
    WABTEC CORP 14,964 14,420
    NOKIA CORP SPNSD ADR    
    ADOBE SYS INC 13,900 28,007
    AGILENT TECHNOLOGIES INC 13,466 20,143
    CIENA CORP 17,521 21,140
    FIRST SOLAR INC 16,870 30,171
    MICRON TECHNOLOGY INC 18,052 25,561
    PORTLAND GENERAL ELECTRIC CO    
    NEW YORK TIMES CO CL A 7,553 13,460
    TOPBUILD CORP 11,977 14,174
    ALEXANDRIA REAL ESTATE EQUITIE 8,750 11,050
    CERNER CORP 14,287 17,501
    CARRIER GLOBAL CORP 15,360 15,465
    SALESFORCE.COM 12,965 12,239
    VMWARE INC 8,449 8,416
    NETFLIX INC 12,328 15,681
    APTARGROUP INC 4,643 13,005

    TY 2020 InvestmentsOtherSchedule2
    Name:
    PETER W TAYLOR CHARITABLE TR
    EIN:
    23-7383025
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    TIAA-CREF SOC CHOICE BD      
    BOSTON COMMON INTERNATIONAL      
    CALVERT INTL OPPORTUNIT FD-I AT COST 142,386 194,384
    VIRTUS EMERGING MKTS OPPOR-I      
    VANGUARD S/C VAL INDX-ADM      
    CALVERT SMALL CAP FUND-I AT COST 109,200 130,821
    JOHCM INTERNATIONAL SEL-I AT COST 118,371 186,852
    MSIF EMG MKTS SMALL CAP-I AT COST 72,385 78,501
    PEAR TREE POL FRGN VAL-INST AT COST 178,691 192,644
    PZENA EMERG MKTS VALUE-INST AT COST 127,335 138,915
    INVESCO CONSERV INC-INST      
    VOYA STRATEGIC INC OPP-I AT COST 258,800 251,976
    TIAA-CREF CORE IMPACT BOND FUN AT COST 866,670 902,764
    BARON DISCOVERY FUND-INST AT COST 40,000 43,556
    MSIF DEVELOP OPPRT- I AT COST 131,100 143,252
    VANGUARD GROWTH INDEX FD ADM AT COST 13,000 19,097
    RBC INTERNATIONAL OPPORT-I AT COST 140,100 191,591

    TY 2020 OtherDecreasesSchedule
    Name:
    PETER W TAYLOR CHARITABLE TR
    EIN:
    23-7383025
    Description Amount
    2020 TRANS POSTED IN 2021 2,073
    COST BASIS ADJUSTMENT 1,027


    TY 2020 OtherExpensesSchedule
    Name:
    PETER W TAYLOR CHARITABLE TR
    EIN:
    23-7383025
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER ALLOCABLE EXPENSE-PRINCI 25 0   25
    OTHER EXPENSE (NON-DEDUCTIBLE 5 0   0


    TY 2020 OtherIncreasesSchedule
    Name:
    PETER W TAYLOR CHARITABLE TR
    EIN:
    23-7383025
    Description Amount
    2019 TRANS POSTED IN 2020 2,599


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    PETER W TAYLOR CHARITABLE TR
    EIN:
    23-7383025
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMNT MNGMNT FEES (NON-DED 22,837 22,837    


    TY 2020 TaxesSchedule
    Name:
    PETER W TAYLOR CHARITABLE TR
    EIN:
    23-7383025
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 91 91   0
    ESTIMATED TAX PAYMENT 1,860 0   0
    FOREIGN TAXES ON QUALIFIED FOR 1,316 1,316   0
    FOREIGN TAXES ON NONQUALIFIED 304 304   0