Form990-PF
Click to see attachment

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
BRAD SETHNESS FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)180 N STETSON AVENUE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL60601
A Employer identification number

83-2683469
B Telephone number (see instructions)

(312) 819-4060
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$5,502,478J 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 530 530  
4 Dividends and interest from securities... 94,766 94,766  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -108,387
b Gross sales price for all assets on line 6a 1,499,357
7 Capital gain net income (from Part IV, line 2)...  
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........ -13,091 95,296  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 13,954      
b Accounting fees (attach schedule)....... Click to see attachment 3,500      
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)...        
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 35,907 36,549    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 53,361 36,549   0
25 Contributions, gifts, grants paid....... 260,000 260,000
26 Total expenses and disbursements. Add lines 24 and 25 313,361 36,549   260,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -326,452
b Net investment income (if negative, enter -0-) 58,747
c Adjusted net income (if negative, enter -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......... 197,580 105,634 105,634
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 373,851 Click to see attachment343,316 369,711
b Investments—corporate stock (attach schedule)....... 2,120,873 Click to see attachment1,961,696 2,635,407
c Investments—corporate bonds (attach schedule)....... 207,501 Click to see attachment224,209 250,117
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,957,287 Click to see attachment1,895,785 2,141,609
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) 4,857,092 4,530,640 5,502,478
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........... 4,857,092  
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)..... 4,857,092 4,530,640
30 Total liabilities and net assets/fund balances (see instructions). 4,857,092 4,530,640
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
4,857,092
2
Enter amount from Part I, line 27a .....................
2
-326,452
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
4,530,640
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
4,530,640
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 PUBLICLY TRADED SECURITIES P    
b Capital Gain Dividends      
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 1,479,431   1,607,744 -128,313
b       19,926
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -128,313
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 -108,387
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 -128,313
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................................ 1 817
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  
3 Add lines 1 and 2........................... 3 817
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 817
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 1,200
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 1,500
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 2,700
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 1,883
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet1,883 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 addressbulletN/A
    14
    The books are in care ofbulletRANDALL ROMEI Telephone no.bullet (312) 819-4060

    Located atbullet180 N STETSON AVENUE 1940CHICAGOIL ZIP+4bullet60601
    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
    RANDALL ROMEI SECRETARY/DIR
    0.10     		0    
    180 N STETSON AVE 1940
    CHICAGO,IL60601
    DANIEL B SETHNESS PRESIDENT/DIR
    0.10     		0    
    N3175 EAST DUCK LAKE ROAD
    WATERSMEET,MI49969
    MARILYN B SETHNESS VICE PRES/DIR
    0.10     		0    
    N3175 EAST DUCK LAKE ROAD
    WATERSMEET,MI49969
    MARGARET M SETHNESS TREASURER/DIR
    0.10     		0    
    14347 N LAKESHORE DRIVE
    WILLOW,AK99688
    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  
    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  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    4,944,739
    b
    Average of monthly cash balances.......................
    1b
    192,469
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    5,137,208
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
    5,137,208
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    77,058
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    5,060,150
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    253,008
    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
    253,008
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    817
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    817
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    252,191
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    252,191
    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
    252,191
    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
    260,000
    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
    260,000
    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
    260,000
    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 7 252,191
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 5,189
    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$ 260,000
    a Applied to 2019, but not more than line 2a 5,189
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 252,191
    e Remaining amount distributed out of corpus 2,620
    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 2,620
    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 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    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 ......     		2,620
    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.... 2,620
    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).)
    DANIEL B SETHNESS
    MARGARET M SETHNESS
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or 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
    BEAN'S CAFE THE CHILDRENS LUNCHBOX
    1020 E 4TH AVE
    ANCHORAGE,AK99501     		  PC UNRESTRICTED 20,000
    BOB FINCH MEMORIAL FUND
    2319 13TH AVE S
    CLINTON,IA52732     		  PC UNRESTRICTED 10,000
    CRESTED BUTTE AVALANCHE CENTER
    PO BOX 2351
    CRESTED BUTTE,CO81224     		  PC UNRESTRICTED 25,000
    CURTIS MANSION FOUNDATION
    500 DEER RUN
    MIAMI SPRINGS,FL33166     		  PC ROOF 10,000
    DONOR ALLIANCE INC
    200 SPRUCE ST SUITE 200
    DENVER,CO80230     		  PC UNRESTRICTED 5,000
    EAGLE RIVER ROTARY
    PO BOX 1191
    EAGLE RIVER,WI54521     		  PC WARM THE CHILDREN 15,000
    GATEWAY CONTEMPORARY BALLET
    1122 N 3RD ST BOX 1183
    CLINTON,IA52732     		  PC UNRESTRICTED 15,000
    GUNNISON VALLEY HEALTH FOUNDATION
    711 N TAYLOR ST
    GUNNISON,CO81230     		  PC UNRESTRICTED 15,000
    HUMANE SOCIETY OF VILAS COUNTY
    2477 US HIGHWAY 45 N
    EAGLE RIVER,WI54521     		  PC UNRESTRICTED 15,000
    MISS HALLS SCHOOL
    492 HOLMES RD
    PITTSFIELD,MA01201     		  PC UNRESTRICTED 25,000
    ST VINCENT DEPAUL SOCIETY-IRONWOOD
    216 W AURORA ST
    IRONWOOD,MI49938     		  PC UNRESTRICTED 20,000
    VILAS FOOD PANTRY
    1013 N RAILROAD ST
    EAGLE RIVER,WI54521     		  PC UNRESTRICTED 20,000
    YWCA
    317 7TH AVE S
    CLINTON,IA52732     		  PC UNRESTRICTED 20,000
    ALSACST JUDE CHILDREN'S RESEARCH HO
    262 DANNY THOMAS PLACE
    MEMPHIS,TN38105     		  PC UNRESTRICTED 10,000
    HEALTHY ALASKA NATIVES FND
    4500 DIPLOMACY DRIVE SUITE 563
    ANCHORAGE,AK99508     		  PC UNRESTRICTED 2,000
    CLINTON SYMPHONY ORCHESTRA
    PO BOX 116
    CLINTON,IA52732     		  PC UNRESTRICTED 5,000
    FIGGE ART MUSEUM
    225 W 2ND STREET
    DAVENPORT,IA52801     		  PC UNRESTRICTED 5,000
    PROVIDENCE ALASKA FNDMEDICAL CENTER
    3200 PROVIDENCE DRIVE
    ANCHORAGE,AK99508     		  PC UNRESTRICTED 2,000
    ROCKY MOUNTAIN LIONS EYE BANK
    PO BOX 6026
    AURORA,CO80045     		  PC UNRESTRICTED 5,000
    RONALD MCDONALD HOUSE ANCHORAGE
    4001 TUDOR CENTRE DRIVE
    ANCHORAGE,AK99508     		  PC UNRESTRICTED 4,000
    UNICEF
    125 MAIDEN LANE
    NEW YORK,NY10038     		  PC UNRESTRICTED 10,000
    UNITED WAY OF MATANUSKA-SUSITNA BOR
    PO BOX 872485
    WASILLA,AK99687     		  PC UNRESTRICTED 2,000
    Total .................................bullet 3a 260,000
    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 ...........     		    14 530  
    4 Dividends and interest from securities....     14 94,766  
    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 -108,387  
    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)..   -13,091  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    -13,091
    (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: 20011551
    Software Version: 2020v4.0


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    BRAD SETHNESS FOUNDATION
    EIN:
    83-2683469
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION 3,500 0 0 0

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    BRAD SETHNESS FOUNDATION
    EIN:
    83-2683469
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CITIGROUP INC BONDS 18,369 20,629
    COMCAST CORP BONDS 17,985 20,464
    CVS HEALTH CORP BONDS 19,485 20,229
    ENTERPRISE PRODUCTS OPER BONDS 11,393 13,729
    GENERAL ELECTRIC CAP CORP BONDS 10,971 13,553
    JPMORGAN CHASE & CO BONDS 23,540 26,842
    GOLDMAN SACHS GROUP INC BONDS 32,611 32,946
    MICROSOFT CORP BONDS 22,285 27,896
    MORGAN STANLEY BONDS 12,021 13,700
    VERIZON COMMUNICATIONS BONDS 18,810 18,862
    SHELL INTERNATIONAL FIN BONDS 18,459 20,863
    WELLS FARGO & CO BONDS 18,280 20,404

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    BRAD SETHNESS FOUNDATION
    EIN:
    83-2683469
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABS 5,547 7,336
    AIR PRODUCTS & CHEM 8,422 10,382
    PROLOGIS INC 5,171 5,781
    AMERICAN TOWER REIT INC 1,962 2,020
    ABBVIE INC 6,910 9,322
    AMGEN INC 2,961 3,449
    AUTOMATIC DATA PROC 7,321 7,929
    BROADCOM LTD 7,032 10,508
    BLACKROCK INC 6,652 10,823
    COMCAST CORP NEW CL A 4,526 5,188
    CHEVRON CORP 8,255 5,827
    CROWN CASTLE REIT INC 8,399 9,392
    CISCO SYSTEMS INC 9,524 8,637
    COCA COLA 3,216 3,290
    EATON CORP PLC 3,136 3,844
    EVERSOURCE ENERGY 1,267 1,298
    HONEYWELL INTL INC 5,314 6,806
    HOME DEPOT INC 10,629 12,484
    ILLINOIS TOOL WORKS 4,116 5,505
    JPMORGAN CHASE & CO 11,653 12,580
    JOHNSON AND JOHNSON 1,716 2,046
    LOCKHEED MARTIN CORP 10,503 9,584
    LYONDELLBASELL INDUSTRIE 1,117 1,192
    ELI LILLY & CO 4,296 6,416
    MERCK AND CO INC 10,850 11,288
    MONDELEZ INTERNATIONAL 8,650 9,121
    MEDTRONIC PLC 6,860 7,263
    MARSH & MCLENNAN COS INC 6,048 7,020
    MCDONALDS CORP 7,658 7,725
    MICROSOFT CORP 7,725 12,456
    NEXTERA ENERGY INC 12,776 17,282
    PAYCHEX INC 7,316 8,293
    PNC FINCL SERVICES GROUP 6,465 6,556
    PHILLIPS 66 3,507 2,448
    PEPSICO INC 10,748 11,716
    PROCTER & GAMBLE CO 4,709 5,426
    QUALCOMM INC 7,428 9,293
    REALTY INCM CRP 3,641 2,984
    SEMPRA ENERGY 6,776 5,988
    WEC ENERGY GROUP INC 6,847 6,626
    STARBUCKS CORP 8,376 9,949
    TRUIST FINL CORP 10,289 9,490
    TEXAS INSTRUMENTS 10,984 14,280
    UNITED PARCEL SVC CL B 1,702 1,684
    US BANCORP 5,592 4,706
    VERIZON COMMUNICATIONS 5,573 6,228
    ABBOTT LABS 14,880 19,051
    ALLSTATE CORP 4,285 6,376
    ADOBE INC 16,153 26,006
    ARCONIC CORP 16 30
    AON PLC 1,976 2,113
    AKAMAI TECHNOLOGIES 3,192 3,255
    AIR PRODUCTS & CHEMICALS 3,986 4,918
    ALASKA AIR GROUP INC 212 468
    AMAZON COM INC 56,822 97,708
    AMPHENOL CORP 990 1,177
    ALEXANDRIA REAL EST EQTS REIT 1,020 1,426
    AFLAC INC 1,266 2,090
    AVALONBAY CMMUN INC REIT 976 1,123
    AMERICOURCEBERGEN CORP 1,558 1,760
    AGILENT TECHNOLOGIES INC 989 1,540
    ALIGN TECH INC 932 1,603
    AMERICAN INTERNATIONAL GROUP INC 955 1,855
    ACCENTURE PLC 21,468 30,039
    PROLOGIS INC 6,080 7,275
    AMERICAN TOWER REIT INC 7,716 8,081
    ABBVIE INC 12,779 17,144
    ACCELERON PHARMA INC 1,110 1,279
    AMERICAN AIRLINES GROUP 465 710
    ARISTAR NETWORK 974 1,162
    ALPHABET INC 45,368 70,106
    AVANGRID INC 2,526 2,363
    AXON ENTERPRISE INC 1,744 3,308
    ACADIA PHARMACUTICAL INC 1,030 1,390
    AT&T 11,370 10,469
    AMER EXPRESS COMPANY 6,558 8,585
    AMERICAN WATER WORKS 21,565 27,625
    ACTIVISION BLIZZARD INC 1,655 3,157
    AMGEN INC 9,669 11,956
    ANALOG DEVICES INC 3,235 3,989
    APACHE CORP 988 497
    APPLE INC 61,815 164,138
    APPLIED MATERIAL INC 2,920 5,955
    ARCHER DANIELS MIDLAND 1,002 1,361
    AUTODESK INC 3,887 7,023
    AUTOMATIC DATA PROC 2,187 2,819
    AVERY DENNISON CORP 1,041 1,086
    BAKER HUGHES CO CL A 809 1,188
    BROADCOM LTD 4,919 7,881
    BUNGE LIMITED 2,215 3,607
    BIOGEN INC 3,254 3,428
    BANK OF AMERICA CORP 23,683 25,764
    BLACKROCK INC 8,084 12,266
    BANK NEWYORK MELLON CORP 5,787 5,984
    BAXTER INTERNATIONAL INC 3,397 3,370
    BECTON DICKINSON INC 7,075 7,256
    BEST BUY CO 3,926 5,488
    BURLINGTON STORES 540 1,046
    BOOKING HOLDINGS INC 1,757 2,227
    BOSTON SCIENTIFIC CORP 1,018 1,007
    BRISTOL-MYERS SQUIBB CO 8,813 10,669
    CSX CORP 3,381 4,719
    CIGNA CORP 7,803 8,535
    COMCAST CORP NEW CL A 9,445 11,528
    CORTEVA INC 1,030 1,510
    CROWDSTRIKE HOLDINGS INC 1,108 1,695
    CARDINAL HEALTH INC 989 1,178
    CMS ENERGY CORP 1,004 1,098
    CAPITAL ONE FINANCIAL 964 2,175
    CAMPBELL SOUP CO 1,920 2,031
    COGNIZANT TECH SOLUTIONS 5,141 7,212
    CVS HEALTH CORP 5,970 7,445
    COSTSO WHOLESALE CORP 3,427 4,898
    TAPESTRY INC 2,827 5,470
    CARLISLE COS INC 996 1,249
    CHEVRON CORP 10,980 9,205
    CENTE CORP 295 360
    CENTERPOINT ENERGY INC 892 1,515
    CONOCO PHILLIPS 2,493 2,519
    CATERPILLAR INC 5,170 7,645
    CNX RES CORP 206 324
    CHIPOTLE MEXICAN GRILL 1,017 1,387
    CBRE GROUP INC 6,046 8,906
    CONCHO RESOURCES INC 41 58
    CME GROUP INC 196 182
    CORESITE REALTY CORP 104 125
    CITIGROUP INC 12,679 16,217
    CHUBB LTD 4,126 5,541
    CHARTER COMMUNICATIONS INC 3,643 5,954
    CISCO SYSTEMS INC 22,880 20,809
    CLOROX CO 5,126 5,452
    COCA COLA 23,165 25,391
    COLGATE POLMOLIVE 13,661 16,418
    CONAGRA BRANDS 175 218
    CUMMINS INC 8,261 11,809
    DELL TECHNOLOGIES INC 1,028 1,832
    DUKE REALTY CORP 991 1,439
    DUPONT DE NEMOURS 3,991 5,831
    DARDEN RESTAURANTS INC 1,712 2,144
    DANAHER CORP 5,294 6,220
    DEVON ENERGY CORP 1,905 3,763
    DIGITAL REALTY TR INC 2,380 2,651
    DELTA AIR LINES INC 2,342 3,619
    DEERE CO 3,050 4,574
    D R HORTON INC 938 2,068
    DISNEY (WALT) CO 14,952 19,929
    ESSENTIAL UTILITIES INC 887 1,182
    EBAY INC 3,383 4,824
    EXXON MOBILE CORP 9,380 9,068
    EOG RESOURCES INC 1,851 1,995
    ECOLAB INC 10,216 11,251
    EDWARDS LIFESCIENCES CORP 5,629 7,207
    EATON CORP PLC 313 480
    EQUINIX INC 2,594 3,571
    EVERSOURCE ENERGY 9,392 9,430
    ETSY INC 588 2,491
    DXC TECHNOLOGY 1,376 1,957
    ELECTRONIC ARTS INC 925 1,436
    EMERSON ELECTRIC CO 5,673 7,394
    EXPEDITORS INTL WASH INC 1,015 1,332
    FMC CORP 5,675 7,470
    FEDEX CORP 1,042 1,298
    FORD MOTOR CO 1,045 1,696
    FACEBOOK INC CL A 31,707 45,345
    FIVE9 INC 1,119 1,395
    FISERV INC 1,877 2,505
    GALLAGHER ARTHUR J & CO 1,045 1,113
    GAP INC 888 2,504
    GOLDMAN SACHS GROUP INC 6,046 8,439
    GENERAL MILLS 4,013 4,469
    GRAPHIC PACKAGING 1,035 1,287
    GENERAL MOTORS CO 5,653 10,368
    GILEAD SCIENCES INC 6,347 5,709
    GRAINGER WW INC 273 408
    HEXCEL CORP 1,481 1,746
    HALLIBURTON CO 1,071 2,117
    HARTFORD FINL SVCS GROUP 1,003 1,176
    HOST HOTELS & RESORTS INC 1,644 2,268
    HALOZYME THERAPEUTICS 1,086 1,153
    HESS CORP 1,021 1,214
    HILL ROM HOLDINGS 885 1,078
    HCA HEALTHCARE INC 2,091 3,454
    HUBSPOT INC 236 793
    HEWLETT PACKARD 1,029 1,232
    HP INC 3,407 5,336
    HILTON WORLDWIDE 9,008 13,129
    HASBRO INC 2,624 2,806
    HERSHEY COMPANY 4,891 5,332
    HOLOGIC INC 1,677 2,476
    HOME DEPOT INC 13,148 16,468
    HORMEL FOODS CORP 982 1,119
    HUMANA INC 3,362 5,333
    IDEX CORP 4,060 4,980
    ILLINOIS TOOL WORKS 7,634 10,398
    IDEXX LAB 939 2,499
    IDACORP INC 5,919 6,338
    ILLUMINA INC 2,100 2,590
    INTEL CORP 16,721 17,536
    INTL BUSINESS MACHINES 7,466 7,553
    INTL PAPER CO 3,518 4,823
    INTERPUBLIC GROUP OF CO 4,922 6,985
    INTERCONTINENTAL EXCHANGE INC 1,947 2,652
    IRON MOUNTAIN REIT 1,888 2,064
    INTUIT INC 5,377 7,977
    IHS MARKIT LTD 4,712 6,918
    JONES LANF LASALLE INC 1,195 1,632
    JBG SMITH PROPERTIES 1,213 1,220
    JUNIPER NETWORKS INC 1,679 1,643
    JPMORGAN CHASE & CO 29,497 34,817
    JANUS HENDERSON GROUP PLC 1,053 1,625
    JOHNSON & JOHNSON 32,597 35,725
    KLA CORP 2,168 4,660
    KILROY REALTY CORP 879 861
    KANSAS CITY SOUTHERN 475 817
    KELLOGG CO 3,619 3,796
    KEYSITE TECHNOLOGIES 980 1,585
    KIMBERLY CLARK 9,738 9,708
    KOHLS CORP 1,038 1,790
    KROGER CO 5,400 5,240
    LYFT INC 975 1,769
    LINDE PLC 11,637 15,811
    LINCOLN ELECTRIC HOLDINGS 971 1,395
    LAM RESEARCH CORP 4,052 5,667
    ELI LILLY & CO 6,692 10,130
    LINCOLN NTL CORP 3,709 5,484
    LOWES COMPANIES INC 5,465 8,828
    MODERNA INC 266 313
    MORGAN STANLEY 3,309 5,414
    METTLER-TOLEDO INTL INC 659 1,140
    MARRIOTT INTL INC 4,379 6,596
    MCKESSON CORP 3,049 3,826
    MARKETAXES HOLDINGS INC 302 571
    MASTERCARD INC 15,979 21,416
    MSCI INC 2,165 2,679
    MERCK & CO INC 23,306 22,986
    MOTOROLA SOLUTIONS INC 2,375 2,721
    MARATHON PETROLEUM INC 2,075 2,771
    MONDELEZ INTERNATIONAL 4,991 5,672
    MEDTRONIC PLC 14,385 16,985
    S&P GLOBAL INC 18,294 20,710
    MANPOWER GROUP 1,027 992
    MARSH & MCLENNAN COS 1,846 2,223
    MCDONALDS CORP 8,652 9,227
    MICROSOFT CORP 87,296 141,904
    MICRON TECHNOLOGY INC 4,453 7,894
    MICROCHIP TECHNOLOGY INC 2,088 3,038
    NASDAQ OMX GRP INC 1,075 1,726
    NVIDA 7,989 26,632
    NETFLIX COM INC 9,274 15,140
    NETAPP INC 600 927
    NIELSEN HOLDINGS PLC 834 1,127
    NEW JERSY RESOURCE CORP 738 818
    NY TIMES CO A 1,029 1,657
    NEWMONT CORPORATION 4,480 7,247
    NIKE INC CL B 4,820 8,064
    NORFOLK SOUTHERN CORP 1,278 1,663
    NORTHERN TRUST CORP 1,941 2,235
    ONEOK INC 1,538 1,957
    ON SEMICONDUCTOR CORP 1,338 2,717
    OWENS CORNING INC 3,924 7,273
    OCCIDENTAL PETE CORP 1,142 1,367
    OMNICOM GROUP 6,704 7,360
    ORACLE CORP 3,263 4,140
    PACCAR INC 325 431
    PPL CORP 2,495 2,397
    PRUDENTIAL FINANCIAL INC 2,001 3,669
    PARKER HANNIFIN CORP 3,819 7,083
    PRICE T ROWE GROUP INC 936 1,514
    PRICIPAL FINANCIAL GROUP 2,051 2,977
    PNC FINCL SERVICES GROUP 5,709 7,003
    PVH CORP 1,061 1,972
    PHILLIPS 66 2,294 2,378
    PAYPAL HOLDINGS INC 10,655 20,844
    PEPSICO INC 26,310 29,363
    PFIZER INC 14,332 14,834
    PROCTER & GAMBLE CO 20,140 24,489
    QUEST DIAGNOSTICS INC 1,071 1,668
    QUANTRA SERVICES INC 894 1,873
    PROGRESSIVE CORP OHIO 1,446 1,879
    QUALCOMM INC 8,030 16,605
    RESMED INC 1,673 2,976
    ROCKWELL AUTOMATION 1,181 1,505
    REUBLIC SERVICES INC 1,676 2,215
    RANGE RESOURCES CORP 178 402
    REGENCY CENTERS CORP REIT 515 638
    REGENERON PHARMACTCLS 1,969 1,932
    REPLIGAN CORP 270 575
    ROSS STORES INC 2,237 2,947
    RYDER SYSTEM INC 222 432
    NORTON LIFELOCK INC 975 1,018
    STATE STREET CORP 6,540 7,933
    SEMPRA ENERGY 6,315 5,861
    SCHLUMBERGER LTD 5,468 7,313
    SCHWAB CHARLES CORP 2,519 3,235
    SALESFORCE COM INC 9,856 14,687
    SEAGATE TECH PLC 1,828 2,300
    SERVICENOW INC 3,674 5,504
    SAGE THERAPEUTICS INC 381 1,211
    SUNRUN INC 117 139
    ANTHEM INC 8,098 9,954
    WALGREENS BOOTS ALLIANCE 1,145 1,157
    WEC ENERGY GROUP INC 3,291 3,221
    WELLTOWER INC 1,008 1,163
    WILLIS TOWERS WATSON PLC 1,014 1,053
    SOUTHWEST AIRLINES CO 2,785 3,962
    STARBUCKS CORP 13,446 18,721
    STRYKER CORP 2,557 3,431
    SYSCO CORP 917 965
    TJX COS INC 5,611 7,512
    TRUIST FINL CORP 319 527
    TRANE TECHNOLOGIES INC 2,850 4,645
    TEXAS INSTRUMENTS 5,725 8,043
    TARGET CORP 4,007 8,120
    3M COMPANY 15,350 16,955
    TRAVELERS COS INC 6,280 8,422
    TESLA INC 34,062 35,989
    TE CONNECTIVITY LTD 3,477 5,327
    THE MOSAIC COMPANY 994 1,979
    TAYLOR MORRISON HOME CORP CL A 1,122 2,103
    T-MOBILE US INC 2,920 3,236
    TWITTER INC 989 1,462
    TWILIO INC CL A 1,117 1,354
    JOHNSON CONTROLS INTER 6,003 8,340
    THERMO FISCHER SCIENTIFIC 8,560 12,110
    TIFFANY & CO 4,163 4,338
    TYSON FOODS INC CL A 1,327 1,353
    UBER TECHNOLOGIES INC 91 153
    VIARTIS INC 790 937
    UNITED PARCEL SVC CL B 3,379 5,557
    UNITEDHEALTH GROUP INC 15,397 21,742
    US BANCORP 4,815 4,985
    UNITED AIRLINES HOLDINGS 1,124 1,730
    UNION PACIFIC CORP 9,014 12,493
    VF CORP 1,007 1,367
    VENTAS INC REIT 1,222 2,011
    VARIAN MEDICAL SYS INC 989 1,575
    VERIZON COMMUNICATIONS 23,009 23,676
    VISA INC CL A 27,493 35,872
    VERISK ANALYTICS INC 2,150 2,906
    VERTEX PHARMCTLS INC 4,008 5,436
    WATERS CORP 626 742
    ZOOM VIDEO 1,062 1,349
    ZIMMER BIOMET HOLDINGS 1,987 2,620
    ZENDESK INC 367 716
    XEROX HOLDINGS CORP 1,010 1,299
    WALMART INC 10,449 13,838
    ZYLEM INC 4,860 7,024
    WYERHAEUSER CO 2,317 3,353
    YUM BRANDS INC 1,822 2,822
    WT08 27 OCCIDENTAL PETROL CORP 48 61
    WASTE MANAGEMENT INC 9,006 10,378
    WELLS FARGO & CO 5,101 5,855
    TAKE TWO INTER SOFTWARE 976 1,662

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    BRAD SETHNESS FOUNDATION
    EIN:
    83-2683469
    Software ID:
    20011551
    Software Version:
    2020v4.0
    US Government Securities - End of Year Book Value:

    343,316
    US Government Securities - End of Year Fair Market Value:

    369,711
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2020 InvestmentsOtherSchedule2
    Name:
    BRAD SETHNESS FOUNDATION
    EIN:
    83-2683469
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    BLACKSTONE REAL ESTATE INCOME TRUST AT COST 217,180 228,022
    PARTNERS GROUP PRIVATE EQUITY MASTERS FD AT COST 102,761 114,580
    HEDGE FUND GUIDED PORT SOL CL A AT COST 125,625 128,174
    ISHARES EDGE MSCI AT COST 55,425 69,261
    PRINCIPAL MIDCAP FUND CLASS I AT COST 59,793 71,360
    CALVERT EQUITY FUND CLASS I AT COST 148,897 199,659
    DELAWARE EMERGING MARKETS FD AT COST 49,750 73,865
    DELAWARE SMID CAP GROWTH FD AT COST 49,695 57,144
    MFS INTERNATIONAL GROWTH FD CL I AT COST 37,280 41,122
    DELAWARE SMALL CAP CORE FUND AT COST 52,924 63,890
    T ROWE PRICE BLUE CHIP GROWTH FD AT COST 90,099 134,184
    WESTERN ASSET SMASH SERIES CR AT COST 272,869 295,621
    WESTERN ASSET SMASH SERIES C AT COST 141,198 150,968
    WESTERN ASSET SMASH SERIES M AT COST 200,897 204,705
    GUGGENHEIM TOTAL RETURN BOND FD AT COST 56,645 61,952
    CRA QUALIFIED INVESTMENT FUND AT COST 108,076 111,246
    GS GQG PARTNERS INTL OPPS FD AT COST 37,293 38,759
    OAKMARK INTL FD AT COST 27,285 32,520
    PERMANENT PORTFOLIO FUND AT COST 62,093 64,577

    TY 2020 LegalFeesSchedule
    Name:
    BRAD SETHNESS FOUNDATION
    EIN:
    83-2683469
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 13,954 0 0 0


    TY 2020 OtherExpensesSchedule
    Name:
    BRAD SETHNESS FOUNDATION
    EIN:
    83-2683469
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BOOK-TAX TIMING DIFFERENCES -3,585      
    FEDERAL EXCISE TAX 2,828      
    ILLINOIS ANNUAL FEE 115      
    INVESTMENT EXPENSES 36,549 36,549