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
Sachiko Kuno Foundation Inc
 
Number and street (or P.O. box number if mail is not delivered to street address)1623 28th Street NW
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Washington, DC20007
A Employer identification number

47-3532147
B Telephone number (see instructions)

(301) 941-8111
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$55,007,305
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) 500,000
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 583,789 583,789  
5a Gross rents............ 160,421 160,421  
b Net rental income or (loss) -81,454
6a Net gain or (loss) from sale of assets not on line 10 201,080
b Gross sales price for all assets on line 6a 12,585,900
7 Capital gain net income (from Part IV, line 2)... 240,111
8 Net short-term capital gain......... 241,892
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule)..... 0  
11 Other income (attach schedule)....... 3,321   3,321
12 Total. Add lines 1 through 11........ 1,448,611 984,321 245,213
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0  
14 Other employee salaries and wages...... 0 0 0  
15 Pension plans, employee benefits....... 0 0 0  
16a Legal fees (attach schedule)......... 0      
b Accounting fees (attach schedule)....... 50,156 20,673   29,483
c Other professional fees (attach schedule).... 119,775 98,178   21,597
17 Interest............... 8,494     8,494
18 Taxes (attach schedule) (see instructions)... 82,007 72,693   9,314
19 Depreciation (attach schedule) and depletion... 222,842 62,543  
20 Occupancy.............. 25,669 25,669    
21 Travel, conferences, and meetings....... 4,438     4,438
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 204,055 199,006   4,509
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 717,436 478,762 0 77,835
25 Contributions, gifts, grants paid....... 3,774,396 3,774,396
26 Total expenses and disbursements. Add lines 24 and 25 4,491,832 478,762 0 3,852,231
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -3,043,221
b Net investment income (if negative, enter -0-) 505,559
c Adjusted net income (if negative, enter -0-)... 245,213
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............. 1,471,473 1,182,614 1,182,614
2 Savings and temporary cash investments......... 771,587 103,330 103,330
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).....   0  
7 Other notes and loans receivable (attach schedule) bullet374,995
Less: allowance for doubtful accounts bullet0 200,000 Click to see attachment374,995 403,810
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 0 0 0
10a Investments—U.S. and state government obligations (attach schedule) 1,018,114 Click to see attachment517,690 517,690
b Investments—corporate stock (attach schedule)....... 14,902,398 Click to see attachment13,419,418 16,272,241
c Investments—corporate bonds (attach schedule)....... 12,065,331 Click to see attachment13,730,496 14,203,092
11 Investments—land, buildings, and equipment: basis bullet6,137,318
Less: accumulated depreciation (attach schedule) bullet215,145 5,930,507 Click to see attachment5,922,173 5,922,173
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 11,971,527 Click to see attachment12,932,901 14,678,684
14 Land, buildings, and equipment: basis bullet1,837,588
Less: accumulated depreciation (attach schedule) bullet113,917 1,709,369 Click to see attachment1,723,671 1,723,671
15 Other assets (describe bullet) 0 0 0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 50,040,306 49,907,288 55,007,305
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons   0
21 Mortgages and other notes payable (attach schedule)...... 0 Click to see attachment2,900,000
22 Other liabilities (describe bullet) Click to see attachment17,000 Click to see attachment17,009
23 Total liabilities (add lines 17 through 22)......... 17,000 2,917,009
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........... 50,023,306 46,990,279
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)..... 50,023,306 46,990,279
30 Total liabilities and net assets/fund balances (see instructions). 50,040,306 49,907,288
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
50,023,306
2
Enter amount from Part I, line 27a .....................
2
-3,043,221
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
10,194
4
Add lines 1, 2, and 3 ..........................
4
46,990,279
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
46,990,279
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 JPM9009 Calvert Emerg Mrkts Eqty P 2020-01-20 2020-08-20
b JPM9009 Edgewood Growth Fund P 2020-07-14 2020-08-20
c JPM9009 Fidelity 500 Index P 2020-04-09 2020-06-11
d JPM9009 Health Care Select P 2020-01-10 2020-08-20
e JPM9009 Invesco QQQ Trust Series 1 P 2020-01-01 2020-11-25
JPM9009 Ishares Russell 1000 Value P 2020-05-29 2020-08-20
JPM9009 Ishares MSCI Japan ETF P 2019-10-29 2020-02-20
JPM9009 Matthews China Fund P 2020-05-22 2020-08-20
JPM9009 Pimco Inv Grd Bnd P 2020-05-14 2020-08-20
JPM9009 Pimco Total Return P 2019-05-07 2020-02-07
JPM9009 TIAA-CREF Soc Choice P 2019-05-07 2020-02-18
JPM9009 Vaneck Gold Miners P 2020-07-14 2020-08-20
JPM9009 Vanguard Tot Bd Mkt P 2020-01-01 2020-07-14
JPM9009 Ishares Gold Trust P 2020-03-09 2020-08-20
JPM9009 Calvert Emerg Mrkts Eqty P 2020-06-21 2020-08-20
JPM9009 Domini Impact Intl P 2018-08-09 2020-08-20
JPM9009 Doubleline TTL Return P 2019-01-01 2020-04-27
JPM9009 Fidelity 500 Index P 2018-06-21 2020-08-20
JPM9009 Invesco QQQ Trust P 2018-11-28 2020-08-20
JPM9009 Ishares MSCI All Country P 2018-06-21 2020-08-20
JPM9009 Ishares MSCI India ETF P 2018-08-09 2020-02-28
JPM9009 Ishares MSCI China ETF P 2018-08-09 2020-05-22
JPM9009 Ishares MSCI Japan ETF P 2018-12-17 2020-02-20
JPM9009 Parnassus Core Equity P 2018-09-28 2020-08-20
JPM9009 PAX MSCI EAFE Index P 2018-01-01 2020-08-20
JPM9009 PIMCO Total Return P 2019-02-04 2020-08-20
JPM9009 PrimeCap Odyssey Stock Fund P 2018-09-28 2020-04-09
JPM9009 Schwab US TIPS ETF P 2018-08-09 2020-08-20
JPM9009 Schwab Gender Diversity ETF P 2018-09-28 2020-08-20
JPM9009 SPDR S&P Oil & Gas P 2018-09-28 2020-03-13
JPM9009 TIAA-CREF Social Choice P 2018-08-09 2020-02-18
JPM9009 TIAA-Core Impact P 2018-08-09 2020-08-20
JPM9009 Tortoise MLP & Pipeline P 2018-08-09 2020-03-09
JPM9009 Vanguard Tot BD Mkt P 2018-08-09 2020-03-02
JPM9009 Ishares Gold Trust P 2018-08-09 2020-11-30
GS Advisory 0424 Short Term P 2020-01-17 2020-11-30
GS Advisory 0424 Long Term P 2018-06-07 2020-12-04
GS Women Inclusion Short Term P 2020-01-31 2020-12-15
GS Women Inclusion Long Term P 2018-06-08 2020-12-18
GS Small Cap Core Short Term P 2020-01-15 2020-12-15
GS Small Cap Core Long Term P 2018-06-08 2020-12-28
Nichealth LP (ST) P 2020-01-15 2020-12-15
Nichealth LP (LT) P 2019-06-20 2020-12-31
Schwab (ST) P 2020-04-03 2020-11-25
       
       
(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 240,602 0 238,756 1,846
b 204,400 0 193,512 10,888
c 400,990 0 381,898 19,092
d 203,953 0 196,748 7,205
e 670,997 0 559,528 111,469
38,977 0 36,893 2,084
227,950 0 233,872 -5,922
52,222 0 41,030 11,192
95,857 0 90,703 5,154
80,984 0 77,984 3,000
70,125 0 67,000 3,125
133,786 0 123,953 9,833
579,026 0 563,079 15,947
178,610 0 168,450 10,160
59,398 0 52,432 6,966
264,165 0 353,704 -89,539
576,122 0 565,617 10,505
483,498 0 418,156 65,342
140,165 0 84,180 55,985
667,780 0 646,122 21,658
224,693 0 240,639 -15,946
232,109 0 245,014 -12,905
100,656 0 92,061 8,595
183,960 0 169,909 14,051
490,588 0 486,842 3,746
496,858 0 457,852 39,006
942,500 0 1,122,142 -179,642
75,049 0 67,329 7,720
397,662 0 406,109 -8,447
51,265 0 246,901 -195,636
8,202 0 7,654 548
312,743 0 284,698 28,045
353,780 0 491,348 -137,568
892,908 0 801,511 91,397
230,958 0 291,614 -60,656
1,192,103 0 1,169,102 23,001
151,391 0 93,688 57,703
41,691 0 42,611 -920
213,309 0 199,553 13,756
162,352 0 142,274 20,078
238,626 0 253,835 -15,209
95,006 0 89,719 5,287
62,381 0 62,637 -256
0 0 17,593 -17,593
132,343 0 0 132,343
983,105 0 819,482 163,623
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 0 0 0 1,846
b 0 0 0 10,888
c 0 0 0 19,092
d 0 0 0 7,205
e 0 0 0 111,469
0 0 0 2,084
0 0 0 -5,922
0 0 0 11,192
0 0 0 5,154
0 0 0 3,000
0 0 0 3,125
0 0 0 9,833
0 0 0 15,947
0 0 0 10,160
0 0 0 6,966
0 0 0 -89,539
0 0 0 10,505
0 0 0 65,342
0 0 0 55,985
0 0 0 21,658
0 0 0 -15,946
0 0 0 -12,905
0 0 0 8,595
0 0 0 14,051
0 0 0 3,746
0 0 0 39,006
0 0 0 -179,642
0 0 0 7,720
0 0 0 -8,447
0 0 0 -195,636
0 0 0 548
0 0 0 28,045
0 0 0 -137,568
0 0 0 91,397
0 0 0 -60,656
0 0 0 23,001
0 0 0 57,703
0 0 0 -920
0 0 0 13,756
0 0 0 20,078
0 0 0 -15,209
0 0 0 5,287
0 0 0 -256
0 0 0 -17,593
0 0 0 132,343
0 0 0 163,623
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 2 240,111
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 3 241,892
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 7,027
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 7,027
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 7,027
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a  
b Exempt foreign organizations—tax withheld at source...... 6b  
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.............. Part VI Line 7 - Tax Paid with the Original Return: 0 7 0
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 154
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 7,181
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet0 RefundedBullet 11  
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)
    bullet
    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 ofbulletSachiko Kuno Foundation Telephone no.bullet (301) 941-8111

    Located atbullet1623 28th Street NWWashingtonDC ZIP+4bullet20007
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years 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
    Sachiko Kuno President
    2.00
    0 0 0
    28307 Mallard Drive
    Easton,MD21601
    Kei S Tolliver VP/Sec/Treasurer
    1.00
    0 0 0
    2001 L Street NW
    Washington,DC20036
    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 Support the Preservation and Protection of Historic Buildings 269,061
    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 1816 Jefferson Place NW Washington, DC 20036 (real estate investment for historic preservation) 60,874
    2 19370 Mattaponi Trail Milford, VA 22514 (Spring Grove)(real estate investment for historic preservation) 8,950
    All other program-related investments. See instructions.
    3 Click to see attachment 585,000
    Total. Add lines 1 through 3.........................bullet654,824
    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
    37,273,920
    b
    Average of monthly cash balances.......................
    1b
    710,055
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    37,983,975
    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
    37,983,975
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    569,760
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    37,414,215
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,870,711
    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
    1,870,711
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    7,027
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    7,027
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,863,684
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,863,684
    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
    1,863,684
    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
    3,852,231
    b
    Program-related investments—total from Part IX-B..................
    1b
    654,824
    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
    4,507,055
    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
    4,507,055
    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 1,863,684
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 335,549
    b From 2016...... 1,279,533
    c From 2017...... 4,959,888
    d From 2018...... 13,763,246
    e From 2019...... 4,757,693
    fTotal of lines 3a through e........ 25,095,909
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 4,507,055
    a Applied to 2019, but not more than line 2a  
    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.....  
    e Remaining amount distributed out of corpus 4,507,055
    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 29,602,964
    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......
     
    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 ..........
    1,863,684
    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) ...
    335,549
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......
    29,267,415
    10 Analysis of line 9:
    a Excess from 2016.... 1,279,533
    b Excess from 2017.... 4,959,888
    c Excess from 2018.... 13,763,246
    d Excess from 2019.... 4,757,693
    e Excess from 2020.... 4,507,055
    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).)
    Sachiko Kuno
    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
    100Reporters
    1875 Connecticut Ave NW 10th Fl
    Washington,DC20007
      PC Sponsorship forDouble ExposureFilm Festival 50,000
    Asian University for Women Support Fnd
    1100 Massachusetts Ave Ste 100
    Cambridge,MA02138
      PC SupportingAUWSF Tuitionactivities 15,000
    Boys and Girls Club of GW
    4103 Benning Rd NE
    Washington,DC20019
      PC SupportingBGCGW-BlueFestactivities 500,000
    Citizens Assoc of Georgetown
    1365 Wisconsin Ave Ste 200
    Washington,DC20001
      PC SupportingCitizens Associationactivities 10,000
    Empowerment Through Integration
    810 Memorial Dr 107
    Cambridge,MA02139
      PC SupportingETI annualactivities 100,000
    Federal City Council
    1310 L St NW Ste 325
    Washington,DC20005
      PC SupportingFederal City Councilactivities 15,000
    Georgetown Lombardi Comp Cancer
    3300 Whitehaven St NW Ste 4000
    Washington,DC20007
      PC SupportingLombardi Cancer Ctractivities 25,000
    Halcyon House
    3400 Prospect Street NW
    Washington,DC20007
      PC SupportingHalcyon Houseactivities 1,000,000
    Holiday Park Seniors
    3950 Ferrara Drive
    Silver Spring,MD20906
      PC SupportingHoliday Park Seniorsactivities 13,000
    Imagination Stage
    4908 Auburn Avenue
    Bethesda,MD20814
      PC SupportingImagination Stageactivities 10,000
    Japan-America Society
    1819 L St B2
    Washington,DC20036
      PC SupportingSocietyactivities 10,000
    Japanese Americans Care Fund
    4022-B Hummer Road
    Annandale,VA22003
      PC SupportingCare Fundactivities 10,000
    JCAW Foundation
    1717 Pennsylvania Ave NW Ste 375
    Washington,DC20006
      PC SupportingJCAWactivities 5,000
    Joan Hisaoka Gala
    1742 N Street NW
    Washington,DC20036
      PC SupportingGalaactivities 25,000
    LearnServe International
    PO Box 6203
    Washington,DC20015
      PC SupportingLearnServe Intlactivities 20,000
    Middleburg Film Festival
    PO Box 1566
    Middleburg,VA20118
      PC SupportingFilm Festivalactivities 25,000
    National Cherry Blossum Festival
    1275 K Street NW Ste 1000
    Washington,DC20005
      PC SupportingNCBFactivities 30,000
    National Museum of Women in the Arts
    1250 New York Ave NW
    Washington,DC20005
      PC SupportingMuseum galaactivities 5,000
    New Orchestra of Washington
    15800 Crabbs Branch Way Ste 300
    Rockville,MD20855
      PC SupportingNew Orchestraactivities 10,000
    Henry L Stimson Center
    1211 Connecticut AvenueNW 8Fl
    Washington,DC20036
      PC SupportingJapanactivities 20,000
    Prevent Cancer Foundation
    1600 Duke St Ste 500
    Alexandria,VA22314
      PC SupportingGalaactivities 5,000
    The Washington Chorus
    4301 Connecticut Ave NW Ste 360
    Washington,DC20008
      PC SupportingWashington Chorusactivities 10,000
    THIS for Diplomats
    1630 Crescent Place NW
    Washington,DC20009
      PC SupportingTHIS for Diplomatsactivities 20,000
    Transformer
    1404 P Street
    Washington,DC20005
      PC SupportingSilent auctionactivities 10,000
    Trust for the National Mall
    1300 Pennsylvania Ave NW
    Washington,DC20004
      PC SupportingHorse Stablesactivities 250,000
    Tudor Place Foundation
    1644 31st Street NW
    Washington,DC20007
      PC SupportingTudor Placeactivities 580,000
    Vital Voices Global Partnership
    1625 Massachusetts Ave NW 3rd FL
    Washington,DC20036
      PC SupportingVital Voicesactivities 60,000
    Washington Japanese Language School
    4900 Strathmore Ave
    Garret Park,MD20896
      PC SupportingSchoolactivities 5,000
    Washington National Opera
    PO Box 10150
    Arlington,VA22210
      PC SupportingOperaactivities 50,000
    Wolf Trap Foundation
    1645 Trap Road
    Vienna,VA22182
      PC SupportingSponoractivities 10,000
    YOA Orchestra of the Americas
    1342 Florida Ave NW
    Washington,DC20009
      PC SupportingGalaactivities 7,500
    Young Concert Artists of Washington
    1220 L Street NW
    Washington,DC20005
      PC SupportingGalaactivities 5,000
    Kyoto University (see note)
    2200 Pennsylvania AvenueNW
    Washington,DC20037
      PC SupportingMultiple internationalactivities 505,089
    ECEF-Women's Empowerment
    1272 5th St NE
    Washington,DC20002
      PC SupportingSunday Supper 2020activities 10,000
    Friends of Patient NIH
    PO Box 34139
    Bethesda,MD20827
      PC SupportingPatients at NIHactivities 5,000
    Georgetown Heritage
    1000 Potomac St NW
    Washington,DC20007
      PC SupportingGeorgetown Heritageactivities 25,000
    Georgetown Senior Citizen Ctr
    PO Box 25800
    Washington,DC20027
      PC SupportingSenior Center activities 1,000
    Georgetown University
    Gift Processing Dept 0734
    Washington,DC20073
      PC SupportingGeorgetownactivities 5,000
    Hillwood Estate
    4155 Linnean Ave NW
    Washington,DC20008
      PC SupportingHillwood Estateactivities 10,000
    Occasions Caterers
    655 Taylor Street NE
    Washington,DC20017
      NC Donation forDinnerfor 12 persons 2,807
    Suburban Hospital Foundation
    8600 Old Georgetown Road
    Bethesda,MD20814
      PC SupportingHospitalactivities 5,000
    The Children's Inn at NIH
    7 West Drive
    Bethesda,MD20814
      PC SupportingChildren's Innactivities 10,000
    Tides CenterFoster America
    PO Box 29907
    San Francisco,CA94129
      PC SupportingGrants-Child Welfareactivities 100,000
    Barack Obama Foundation
    5235 S Harper Ct Ste 1140
    Chicago,IL60615
      PC SupportingBarack Obama Foundationactivities 25,000
    Connected DMV
    1401 N Oak St Ste 904
    Arlington,VA22209
      PC SupportingConnected DMVactivities 100,000
    911 Memorial and Museum
    180 Greenwich Street
    New York,NY10007
      PC SupportingMartha's Tableactivities 20,000
    Martha's Table
    2375 Elvans Road SE
    Washington,DC20020
      PC Supportingactivities 25,000
    The Oak Hill Cemetery
    3001 R St NW
    Washington,DC20007
      PC SupportingOak Hillactivities 5,000
    US Japan Council
    1819 L Street NW Ste 800
    Washington,DC20036
      PC SupportingHirano Memorialactivities 10,000
    Total .................................bullet 3a 3,774,396
    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....     14 583,789  
    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 ............
        18 201,080  
    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)..   784,869  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    784,869
    (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.)
    5B Rental Activity Loss
    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:  
    Part VI Line 7 - Tax Paid with the Original Return: 0


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2020
    Name of the organization
    Sachiko Kuno Foundation Inc
     
    Employer identification number

    47-3532147
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    Sachiko Kuno Foundation Inc
     
    Employer identification number
    47-3532147
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    1
    Sachiko Kuno
    28307 Mallard Drive
     
    Easton, MD21601

    $ 500,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     
     

    $  


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     
     

    $  


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     
     

    $  


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     
     

    $  


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     
     

    $  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    Sachiko Kuno Foundation Inc
     
    Employer identification number

    47-3532147
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    Sachiko Kuno Foundation Inc
     
    Employer identification number

    47-3532147
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2020 AccountingFeesSchedule
    Name:
    Sachiko Kuno Foundation Inc
    EIN:
    47-3532147
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    RBMiller CPA Accounting Services 41,346 20,673   20,673
    CBM, CPAs Tax Services 8,810     8,810

    TY 2020 AllOthProgRltdInvestmentsSch
    Name:
    Sachiko Kuno Foundation Inc
    EIN:
    47-3532147
    Category Amount
    Impact investment to support entrepreneurship 585,000

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    TY 2020 DepreciationSchedule
    Name:
    Sachiko Kuno Foundation Inc
    EIN:
    47-3532147
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)
    Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    1816 Jefferson Furniture 2019 2019-08-15 1,231 0 200DB 7.000000000000 0      
    Spring Grove Chimney 2019 2019-09-08 10,500 111 SL 27.500000000000 382      
    1816 Jefferson Improve 2019 2019-12-05 90,049 136 SL 27.500000000000 3,275 3,275    
    1816 Jefferson AV Equipment 2019-12-06 80,440 0 200DB 7.000000000000 0      
    1816 Jefferson Elevator-2019 2019-12-12 5,362 8 SL 27.500000000000 195 195    
    Spring Grove Building 2017-09-12 1,761,823 72,852 SL 27.500000000000 31,790      
    Spring Grove Furniture-2017 2017-09-12 19,000 5,346 200DB 7.000000000000 1,187      
    Spring Grove Furniture-2017b 2017-09-27 5,558 1,564 200DB 7.000000000000 347      
    Spring Grove Clock-2018 2018-02-23 6,573 6,573 200DB 7.000000000000 0      
    Spring Grove Chandelier-2018 2018-03-01 19,680 19,680 200DB 7.000000000000 0      
    Spring Grove Chimney-2018 2018-07-03 4,900 260 SL 27.500000000000 178      
    1816 Jefferson Place Building 2018-07-20 5,960,236 124,996 SL 27.500000000000 86,535      
    Spring Grove Furniture-2018 2018-11-15 9,554 9,554 200DB 7.000000000000 0      
    Spring Grove Renovation-2020 2020-10-30 8,950   SL 15.000000000000 0      
    1816 Jefferson-Elevator Improvement-2020 2020-02-06 5,362   SL 15.000000000000 0 5,362    
    1816 Jefferson-General Contractor 2020-02-20 50,621   SL 15.000000000000 0 50,621    
    Spring Grove Brick Installation-2020 2020-10-20 1,801   SL 15.000000000000 0      
    1816 Jefferson Security System-2020 2020-10-30 3,090   200DB 7.000000000000 0 3,090    
    1816 Jefferson-Furniture 2020 2020-01-31 17,534   200DB 7.000000000000 0      
    1816 Jefferson Furniture QWRK-2020 2020-02-29 11,595   200DB 7.000000000000 0      

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    TY 2020 GainLossSaleOtherAssetsSch
    Name:
    Sachiko Kuno Foundation Inc
    EIN:
    47-3532147
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    ALL Investments Accounts:JPM, GS, etc   Purchased   Sachiko Kuno Foundation 12,585,900 12,384,820     201,080  

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    Sachiko Kuno Foundation Inc
    EIN:
    47-3532147
    Name of Bond End of Year Book Value End of Year Fair Market Value
    JPMorgan-4004 7,374,726 7,400,776
    JPMorgan-9009 3,787,398 4,133,527
    Goldman Sachs-0424 1,518,372 1,618,789
    Otolith Sounds Convertible Note 300,000 300,000
    BeGirl SAFE 100,000 100,000
    Foodhini Convertible Note 100,000 100,000
    Advisory Board Convertible Note 400,000 400,000
    Uplift SAFE 100,000 100,000
    Solitice Power Tech Convertible Note 50,000 50,000

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    Sachiko Kuno Foundation Inc
    EIN:
    47-3532147
    Name of Stock End of Year Book Value End of Year Fair Market Value
    JPMorgan-9009 10,696,624 13,248,378
    JPMorgan-4004-ETF Short Term 1,499,940 1,498,457
    Goldman Sachs-8765 641,580 908,338
    Goldman Sachs-8773 116,274 152,068
    Solistice Initiative (252377 shares preferred) 250,000 250,000
    Sustain Initiative 215,000 215,000

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    Sachiko Kuno Foundation Inc
    EIN:
    47-3532147
    US Government Securities - End of Year Book Value:

    517,690
    US Government Securities - End of Year Fair Market Value:

    517,690
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2020 InvestmentsLandSchedule2
    Name:
    Sachiko Kuno Foundation Inc
    EIN:
    47-3532147
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    1816 Jefferson Place (Building/Land) 5,960,236 211,531 5,748,705  
    1816 Jefferson Place-Furniture-2019 1,231 0 1,231  
    1816 Jefferson Place-Improvements-2019 90,049 3,411 86,638  
    1816 Jefferson Place-AV Equipment-2019 80,440 0 80,440  
    1816 Jefferson Place-Elevator-2019 5,362 203 5,159  

    TY 2020 InvestmentsOtherSchedule2
    Name:
    Sachiko Kuno Foundation Inc
    EIN:
    47-3532147
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    JPMorgan-9009-Hedge Fund   3,034,204 3,371,608
    JPMorgan-9009-Real Estate   507,811 455,799
    JPMorgan-9009-Hard Assets   587,493 771,112
    Goldman Sachs-0424-Non-US Equity   501,775 587,422
    Goldman Sachs-9756-Alternatives   2,537,654 2,234,978
    MiCAN Technology (Non-US)(166 common stock)   46,128 46,128
    Artlogue Inc (Non-US)(100 common stock)   46,473 46,473
    Saka No Tochu Stock (Non-US)   466,437 466,437
    Ellevest-Global   1,879,513 2,791,896
    Ellevest-Alternatives   1,905,318 2,172,471
    Ellevest-Global-International Impact   1,420,095 1,734,360

    TY 2020 LandEtcSchedule2
    Name:
    Sachiko Kuno Foundation Inc
    EIN:
    47-3532147
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Spring Grove (Building/Land) 1,761,823 104,642 1,657,181  
    Spring Grove Furniture-2017 19,000 6,533 12,467  
    Spring Grove Furniture-2017 5,558 1,911 3,647  
    Spring Grove Clock-2018 6,573 0 6,573  
    Spring Grove Chandelier-2018 19,680 0 19,680  
    Spring Grove Chimney-2018 4,900 438 4,462  
    Spring Grove Furniture-2018 9,554 0 9,554  
    Spring Grove Chimney-2019 10,500 393 10,107  


    TY 2020 MortgagesAndNotesPayableSch
    Name:
    Sachiko Kuno Foundation Inc
    EIN:
    47-3532147
    Total Mortgage Amount:  

    Item No. 1
    Lender's Name JP Morgan
    Lender's Title  
    Relationship to Insider  
    Original Amount of Loan  
    Balance Due 2,900,000
    Date of Note  
    Maturity Date  
    Repayment Terms  
    Interest Rate  
    Security Provided by Borrower  
    Purpose of Loan  
    Description of Lender Consideration  
    Consideration FMV 2900000


    TY 2020 OtherExpensesSchedule
    Name:
    Sachiko Kuno Foundation Inc
    EIN:
    47-3532147
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Supplies 883     883
    Dues & Subscriptions 600     60
    Insurance 27,705 27,705    
    Repair and Maintenace 40,276 40,276    
    Information Technology 2,232     2,232
    Office Supplies 1,334     1,334
    Landscaping 923 923    
    Investment Expenses 22,204 22,204    
    Stock Commissions 106,015 106,015    
    Corporate Registrations 1,883 1,883    


    TY 2020 OtherIncomeSchedule2
    Name:
    Sachiko Kuno Foundation Inc
    EIN:
    47-3532147
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    990-PF Refund 3,321   3,321
    JP Morgan Line of Credit      


    TY 2020 OtherIncreasesSchedule
    Name:
    Sachiko Kuno Foundation Inc
    EIN:
    47-3532147
    Description Amount
    Basis Adjustment 10,194


    TY 2020 OtherLiabilitiesSchedule
    Name:
    Sachiko Kuno Foundation Inc
    EIN:
    47-3532147
    Description Beginning of Year - Book Value End of Year - Book Value
    1816 Jefferson Place Security Deposit 17,000 17,009


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    TY 2020 OtherNotesLoansRcvblLongSch
    Name:
    Sachiko Kuno Foundation Inc
    EIN:
    47-3532147

    Borrower's Name Relationship to Insider Original Amount of Loan Balance Due Date of Note Maturity Date Repayment Terms Interest Rate Security Provided by Borrower Purpose of Loan Description of Lender Consideration Consideration FMV
    BeGirl None 200,000 124,995 2018-10 2021-09 Remaining P & I by 7/31/2021 8.000000 % None To Support BeGirl operations Line of Credit 145,060
    Advisory Board of the Arts None 250,000 250,000 2020-05 2025-05 Yr1 0, Y2 $30K, Y3 $59.2K, Y4 $47.7K, Y5 $180.6K 6.000000 % None To Support ABA operations Line of Credit 258,750

    TY 2020 OtherProfessionalFeesSchedule
    Name:
    Sachiko Kuno Foundation Inc
    EIN:
    47-3532147
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Atlantic Heritage Spring Grove Consult 25,672 25,672    
    Bit Transformation Computer Services 17,680     17,680
    CCS Consultants 1816 Jefferson Consult 19,278 19,278    
    Hiley & Assoc Property Mgmt 9,428 9,428    
    JOMA Cleaning Buildings 19,770 19,770    
    Megan Capo Site Consultant 1,890 1,890    
    Occassion Catering Events 3,917     3,917
    Orkin Pest Services 1,325 1,325    
    PinPath LLC Project Mgmt 17,600 17,600    
    Vector Security Building Security 3,215 3,215    


    TY 2020 TaxesSchedule
    Name:
    Sachiko Kuno Foundation Inc
    EIN:
    47-3532147
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Taxes 9,314     9,314
    Real Estate Taxes 72,693 72,693