TY 2020 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Go 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
EDWARD & IRMA HUNTER FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)202 S MICHIGAN STREET SUITE 910
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
SOUTH BEND, IN46601

A Employer identification number

23-7065471

B Telephone number (see instructions)

(574) 287-5977

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$11,265,856J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)	84,297
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	241,214		241,214
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		176,381
b	Gross sales price for all assets on line 6a 3,122,747
7	Capital gain net income (from Part IV, line 2)...			176,381
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........	501,892		417,595
13	Compensation of officers, directors, trustees, etc.	55,500		7,000	48,500
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		5,970	4,770	1,200
c	Other professional fees (attach schedule)....		148,331	65,331	83,000
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		71,497	71,497
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		8,373	5,668	2,705
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	289,671		154,266	135,405
25	Contributions, gifts, grants paid.......	352,000			352,000
26	Total expenses and disbursements. Add lines 24 and 25	641,671		154,266	487,405
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-139,779
b	Net investment income (if negative, enter -0-)			263,329
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	263,271	476,388	476,388
	2	Savings and temporary cash investments.........
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	589,647	595,989	620,172
	b	Investments—corporate stock (attach schedule).......	7,010,728	6,740,153	9,336,980
	c	Investments—corporate bonds (attach schedule).......	909,020	820,357	832,315
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	1	1	1
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	8,772,667	8,632,888	11,265,856
	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 )
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		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	8,772,667	8,632,888
	29	Total net assets or fund balances (see instructions).....	8,772,667	8,632,888
	30	Total liabilities and net assets/fund balances (see instructions).	8,772,667	8,632,888

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

8,772,667

Enter amount from Part I, line 27a .....................

-139,779

Other increases not included in line 2 (itemize) bullet

Add lines 1, 2, and 3 ..........................

8,632,888

Decreases not included in line 2 (itemize) bullet

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

8,632,888

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.)
1a
b
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
b
c
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a
b
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	176,381
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 ...................		3

Part V

Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income

SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE

1 Reserved

(a) Reserved	(b) Reserved	(c) Reserved	(d) Reserved

Reserved...........................

Reserved,..........................

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 and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Reserved................................	1	3,660
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	3,660
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	3,660
6	Credits/Payments:

a	2020 estimated tax payments and 2019 overpayment credited to 2020	6a	4,350
b	Exempt foreign organizations—tax withheld at source......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	4,350
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.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	690
11	Enter the amount of line 10 to be: Credited to 2021 estimated tax690	Refunded	11

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. Click to see attachment

...............................

Yes

Form 990-PF (2020)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

JAMES F KEENAN, CONSULTING CO Telephone no. bullet

(574) 287-5977

Located at bullet

202 S MICHIGAN ST STE 910SOUTH BENDIN ZIP+4 bullet

46601

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

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?......................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?...............YesNo

(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.).......YesNo

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 ........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

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?.............

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)):

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?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?......................YesNo

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.)..................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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?

Form 990-PF (2020)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?.............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?.....YesNo

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 ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?..........YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....

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? .................YesNo

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-)
DONALD F WALTER	TRUSTEE 0.50	7,000
32578 S LYMAN FERRY ROAD SEDRO WOOLLEY,WA98284	TRUSTEE 0.50	7,000
DAVID L LAWRENCE	SECRETARY 0.50	7,000
1639 CEDAR ST NILES,MI49120	SECRETARY 0.50	7,000
JERRY FRENCH	TREASURER 0.50	7,000
2578 PROSPECT POINT NILES,MI49120	TREASURER 0.50	7,000
JAMES F KEENAN	PRESIDENT 0.50	7,000
21640 RAVENNA DR SOUTH BEND,IN46628	PRESIDENT 0.50	7,000
WILLIAM D HASLETT	TRUSTEE 0.50	6,500
1616 CEDAR ST NILES,MI49120	TRUSTEE 0.50	6,500
SCOTT TYLER	TRUSTEE 0.50	7,000
1111 S LINCOLN AVE NILES,MI49120	TRUSTEE 0.50	7,000
SARA ANNE SENICA	TRUSTEE 0.50	7,000
1510 PLATT STREET NILES,MI49120	TRUSTEE 0.50	7,000
MARK D WEBER	TRUSTEE 0.50	7,000
50 LONGMEADOW LANE NILES,MI49120	TRUSTEE 0.50	7,000

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...................

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
WALTER & KEENAN FINANCIAL CONSULTING	INVESTMENT SERV	148,331
202 S MICHIGAN ST STE 910 SOUTH BEND,IN46601	INVESTMENT SERV	148,331

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	N/A
2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Form 990-PF (2020)

Page 8

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

10,789,355

Average of monthly cash balances.......................

370,179

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

11,159,535

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

11,159,535

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

167,393

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

10,992,142

Minimum investment return. Enter 5% of line 5..................

549,607

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.)

Minimum investment return from Part X, line 6....................

549,607

Tax on investment income for 2020 from Part VI, line 5......

3,660

Income tax for 2020. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

3,660

Distributable amount before adjustments. Subtract line 2c from line 1............

545,947

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

545,947

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

545,947

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

487,405

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

487,405

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.................

Adjusted qualifying distributions. Subtract line 5 from line 4..............

487,405

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)

Page 9

Part XIII

Undistributed Income (see instructions)

	(c) 2019	(d) 2020
1 Distributable amount for 2020 from Part XI, line 7		545,947
2 Undistributed income, if any, as of the end of 2020:
a Enter amount for 2019 only.......	315,669
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: $ 487,405
a Applied to 2019, but not more than line 2a	315,669
b Applied to undistributed income of prior years (Election required—see instructions).....
c Treated as distributions out of corpus (Election required—see instructions)........
d Applied to 2020 distributable amount.....		171,736
e Remaining amount distributed out of corpus
5 Excess distributions carryover applied to 2020.
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........
e Undistributed income for 2019. Subtract line 4a from line 2a. Taxable amount—see instructions .............
f Undistributed income for 2020. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2021 ..........		374,211
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......
8 Excess distributions carryover from 2015 not applied on line 5 or line 7 (see instructions) ...
9Excess distributions carryover to 2021. Subtract lines 7 and 8 from line 6a ......
10 Analysis of line 9:
a Excess from 2016....
b Excess from 2017....
c Excess from 2018....
d Excess from 2019....
e Excess from 2020....

Form 990-PF (2020)

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 section4942(j)(3) or4942(j)(5)

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	(e) Total

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).)

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:

JAMES F KEENAN
202 S MICHIGAN ST STE 910
SOUTH BEND,IN46601
(574) 287-5977

bThe form in which applications should be submitted and information and materials they should include:

SUBMIT A WRITTEN REQUEST. INCLUDE COMPLETE DETAILS ABOUT THE ORGANIZATION, THE PURPOSE OF THE REQUEST AND THE INTENDED USE OF THE GRANT PROCEEDS. APPLICATIONS MUST MEET IRS CHARITABLE STANDARDS.

cAny submission deadlines:

NONE

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

NONE

Form 990-PF (2020)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
LOGAN COMMUNITY RESOURCES 2505 E JEFFERSON BLVD SOUTH BEND,IN46615	NONE		GENERAL USE	5,000
MEALS ON WHEELS 31 ST JOSEPH AVE LAKELAND HOSPITAL NILES,MI49120	NONE		GENERAL USE	2,000
FERNWOOD AT 50 13988 RANGELINE RD NILES,MI49120	NONE		GENERAL USE	25,000
NILES COMMUNITY SCHOOLS 1 TYLER ST NILES,MI49120	NONE		REMOTE LEARNING CHROMEBOOKS	50,000
NILES COMMUNITY SCHOOLS 1 TYLER ST NILES,MI49120	NONE		CODE SCHOOL PARTNERSHIP	25,000
NILES COMMUNITY SCHOOLS 1 TYLER ST NILES,MI49120	NONE		CHROMEBOOKS	25,000
NILES- BUCHANAN YMCA 905 N FRONT ST NILES,MI49120	NONE		CONSTRUCTION PROJECT	50,000
NILES CHAMBER OF COMMERCE 333 N 2ND ST NILES,MI49120	NONE		NILES AREA EMERGENCY GRANT	20,000
NILES CHAMBER OF COMMERCE 333 N 2ND ST NILES,MI49120	NONE		MATCH	80,000
NILES CHAMBER OF COMMERCE 333 N 2ND ST NILES,MI49120	NONE		GENERAL USE	20,000
THE SALVATION ARMY 424 N 15TH ST NILES,MI49120	NONE		FEEDING HIS SHEEP	2,000
SPECTRUM HEALTH FOUNDATION 1234 NAPIER AVE ST JOSEPH,MI49085	NONE		PT TELEHEALTH, MEDBRIDGE SOFTWARE	13,000
UNITED HEALTH OF SOUTHWEST MICHIGAN 2015 LAKEVIEW AVE ST JOSEPH,MI49085	NONE		SWMI CARES FUND	25,000
CITY OF NILES 333 N 2ND ST NILES,MI49120	NONE		HUNTER ICE FESTIVAL	10,000
Total ................................. 3a				352,000

bApproved for future payment
CASA OF SOUTHWEST MICHIGAN 38 W WALL ST BENTON HARBOR,MI49022	NONE	GENERAL USE	5,000
NILES - BUCHANAN YMCA 905 N FRONT ST NILES,MI49120	NONE	CONSTRUCTION PROJECT	166,000
WOMENS CARE CENTER 621 E MAIN ST NILES,MI49120	NONE	GENERAL USE	5,000
CITY OF NILES 333 N 2ND ST NILES,MI49120	NONE	HOME DEMOLITION	100,000
Total ................................. 3b			276,000

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	(e) Related or exempt function income (See instructions.)
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	241,214
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 ............			14	119,638	56,743
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)..				360,852	56,743

13Total. Add line 12, columns (b), (d), and (e)..................

417,595

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2020)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2020 AccountingFeesSchedule

Name:

EDWARD & IRMA HUNTER FOUNDATION

EIN:

23-7065471

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
HASLETT & GAYNOR CPA'S	5,970	4,770		1,200

- TIN:

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

TY 2020 GainLossSaleOtherAssetsSch

Name:

EDWARD & IRMA HUNTER FOUNDATION

EIN:

23-7065471

Name	Date Acquired	How Acquired	Date Sold	Gross Sales Price	Basis	Total (net)
.0615 VIATRIS INC	2019-02	PURCHASE	2020-11	1	1
.2366 VIATRIS INC	2019-08	PURCHASE	2020-11	4	4
100 APPLE INC	2019-06	PURCHASE	2020-01	31,870	19,903	11,967
100 CROWN CASTLE INTL	2018-06	PURCHASE	2020-01	14,929	10,260	4,669
100 OTIS WORLDWIDE CORP	2019-07	PURCHASE	2020-04	4,415	6,954	-2,539
100,000 US TREASURY 2%	2019-09	PURCHASE	2020-11	100,000	100,232	-232
100,000 US TREASURY 2.625%	2018-09	PURCHASE	2020-11	100,000	99,585	415
1000 BROOKFIELD PROPERTY	2019-08	PURCHASE	2020-06	12,980	19,341	-6,361
10891.068 AQR STYLE PREMIA	2019-02	PURCHASE	2020-04	76,769	100,000	-23,231
11142.892 TEMPLETON EMERGING		PURCHASE	2020-10	138,932	153,916	-14,984
12370.349 OAKMARK INTL SMALL CAP		PURCHASE	2020-10	174,669	191,857	-17,188
1241.806 INVESCO DEVELOPING MARKETS		PURCHASE	2020-12	67,020	51,192	15,828
1500 EXXON MOBIL CORP	2004-08	PURCHASE	2020-01	99,953	6,689	93,264
1500 ROYAL DUTCH SHELL		PURCHASE	2020-04	56,420	78,398	-21,978
1500 ROYAL DUTCH SHELL		PURCHASE	2020-04	56,420	80,051	-23,631
1500 WELLTOWER INC		PURCHASE	2020-08	83,758	85,996	-2,238
179 ROYAL DUTCH SHELL	2019-07	PURCHASE	2020-04	6,743	11,432	-4,689
1850 WISDOMTREE US SMALLCAP	2019-02	PURCHASE	2020-12	48,469	50,683	-2,214
20 ALPHABET INC CLASS A	2019-05	PURCHASE	2020-01	29,748	23,875	5,873
200 ABBOTT LABORATORIES	2004-08	PURCHASE	2020-01	18,135	158	17,977
200 CARRIER GLOBAL CORP	2019-07	PURCHASE	2020-04	2,511	4,972	-2,461
200 MEDTRONIC PLC	2018-02	PURCHASE	2020-01	24,107	16,511	7,596
200 MICROSOFT CORP	2012-07	PURCHASE		51,304	9,159	42,145
2051.703 FIRST EAGLE OVERSEAS		PURCHASE		49,980	52,559	-2,579
225 COLGATE PALMOLIVE	2004-08	PURCHASE	2020-01	15,816	212	15,604
238.616 TEMPLETON EMERGING		PURCHASE	2020-10	2,975	3,071	-96
250 FACEBOOK INC	2019-06	PURCHASE	2020-01	55,035	47,339	7,696
250 TEXAS INSTRUMENTS	2019-06	PURCHASE	2020-01	33,326	27,650	5,676
2500 STARWOOD PPTY TRUST		PURCHASE	2020-05	31,592	43,575	-11,983
2500 WISDOMTREE US SMALLCAP	2020-04	PURCHASE	2020-12	65,574	53,160	12,414
262 EXXON MOBIL CORP	2019-02	PURCHASE	2020-01	17,517	20,018	-2,501
29577.67 PIMCO ALL ASSET		PURCHASE	2020-06	226,841	260,119	-33,278
300 BOEING CO		PURCHASE	2020-01	94,902	36,974	57,928
3000 MAIN STREET CAPITAL		PURCHASE	2020-10	88,960	101,171	-12,211
3000 TANGER FCTRY OUTLET	2018-06	PURCHASE	2020-01	49,427	69,295	-19,868
3095.975 OAKMARK INTL SMALL CAP	2018-01	PURCHASE	2020-01	50,000	57,647	-7,647
321 ROYAL DUTCH SHELL	2019-02	PURCHASE	2020-04	12,092	20,008	-7,916
33.343 OAKMARK INTL SMALL CAP	2019-12	PURCHASE	2020-10	471	530	-59
3671.072 OAKMARK INTL SMALL CAP	2019-02	PURCHASE	2020-10	51,836	50,000	1,836
3838.71 TEMPLETON EMERGING MARKETS	2019-02	PURCHASE	2020-10	47,849	50,000	-2,151
4000 DIGITAL REALTY TRUST 6.35%		PURCHASE	2020-09	100,000	101,956	-1,956
500 AT&T INC	2019-08	PURCHASE	2020-01	19,292	17,565	1,727
500 BOEING	2020-03	PURCHASE	2020-10	78,263	140,189	-61,926
500 ROYAL DUTCH SHELL	2018-02	PURCHASE	2020-01	28,577	32,193	-3,616
5000 BROOKFIELD PROPERTY	2019-03	PURCHASE	2020-06	64,932	101,015	-36,083
5000 WISDOMTREE US SMALL CAP		PURCHASE	2020-12	131,148	102,271	28,877
550 WISDOMTREE US SMALLCAP	2020-04	PURCHASE	2020-12	14,410	11,715	2,695
6047.615 INVESCO DEVELOPING		PURCHASE	2020-12	322,398	232,084	90,314
6236.554 PIMCO ALL ASSET		PURCHASE	2020-06	47,824	51,432	-3,608
6383.231 AQR STYLE PREMIA		PURCHASE	2020-04	44,994	51,436	-6,442
7.915 OAKMARK INTL SMALL CAP	2019-12	PURCHASE	2020-10	112	126	-14
80 BOEING CO		PURCHASE	2020-01	25,374	31,778	-6,404
8157.232 PIMCO ALL ASSET		PURCHASE	2020-06	47,216	50,263	-3,047
82.203 TEMPLETON EMERGING MARKETS		PURCHASE	2020-10	1,025	1,058	-33
835.569 PIMCO ALL ASSET		PURCHASE	2020-06	6,408	6,788	-380
CAPITAL GAIN DIV	2019-12	PURCHASE	2020-12	97,424		97,424

- TIN:

TY 2020 InvestmentsCorpBondsSchedule

Name:

EDWARD & IRMA HUNTER FOUNDATION

EIN:

23-7065471

Name of Bond	End of Year Book Value	End of Year Fair Market Value
AB INCOME FUND	302,780	312,020
AGEL OAK MULTI STRATEGY INCOME FUND	217,768	204,935
CHARLES SCHWAB 5.95% PFD	101,797	104,160
DIGITAL REALTY TRUST 6.35% PFD
INVESCO VARIABLE RATE PREF ETF	96,800	103,800
WELLS FARGO BANK 5.85% PFD	101,212	107,400

- TIN:

TY 2020 InvestmentsCorpStockSchedule

Name:

EDWARD & IRMA HUNTER FOUNDATION

EIN:

23-7065471

Name of Stock	End of Year Book Value	End of Year Fair Market Value
OPPENHEIMER DEVELOPING MARKETS
TEMPLETON EMERGING MARKETS
PRIMECAP ODYSSEY AGGRESSIVE GROWTH	360,603	466,695
WISDOMTREE SMALL CAP DIVIDEND
3M COMPANY
ABBOTT LABS	21,398	226,535
ABBVIE INC	31,602	203,585
ACCENTURE INC	20,138	33,174
ALPHABET INC CLASS A	163,827	315,475
ALPHABET INC CLASS C	31,617	49,053
ALTRIA GROUP INC	160,810	139,646
APPLE INC	66,271	327,479
AT&T INC	206,813	172,560
BOEING CO
CISCO SYSTEMS INC	93,470	130,178
COHEN & STEERS REALTY	122,119	114,130
COHEN & STEERS REIT	104,268	114,150
COLGATE PALMOLIVE	1,695	153,918
COMCAST CORP	156,801	237,634
CROWN CASTLE INT'L CO	61,561	95,514
DOLLAR GENERAL CORP	19,972	35,330
EXXON MOBIL
FACEBOOK INC	106,541	169,906
HOME DEPOT INC	131,481	187,528
ILLINOIS TOOL WORKS	20,093	29,359
INTEL CORP	60,444	119,219
JOHNSON & JOHNSON	33,713	157,380
ELI LILLY & CO	50,605	160,398
GOLDMAN SACHS GQG PTNRS INTL OPPS	705,945	845,177
LOCKHEED MARTIN	27,791	106,494
MEDTRONIC PLC	142,377	201,364
MICROSOFT CORP	54,212	308,497
NORTHERN TRUST CORP	66,838	130,396
NOVARTIS	92,481	139,190
OAKMARK INTL FUND	326,142	307,698
PFIZER	83,730	127,952
QUALCOMM INC
ROYAL DUTCH SHELL
STARBUCKS CORP	69,069	133,725
TEXAS INSTRUMENTS	101,776	153,790
RAYTHEON TECHNOLOGIES CO	20,882	21,453
UNITED TECHNOLOGIES
UNILEVER
VERIZON COMMUNICATIONS	108,664	146,875
VIATRIS INC	4,613	8,077
WALMART STORES	92,463	173,268
WELLS FARGO BANK	190,114	108,648
AMG PANTHEON FUND	533,425	577,427
ABSOLUTE CAPITAL OPPORTUNITIES FUND	405,175	356,497
AQR STYLE PREMIA ALTERNATIVE I
BLACKSTONE REIT	200,000	201,957
CROWN CASTLE INTL CO
BROOKFIELD PROPERTY REIT
COHEN & STEERS REALTY
COHEN & STEERS REIT
COMMONFUND CAPITAL PARTNERS VII	410,000	465,037
CROWN CASTLE INTL CO
GLOBAL X MLP
IRON MOUNTAIN REIT
MAIN STREET CAPITAL
PIMCO ALL ASSET FUND
REALTY INCOME CORP REIT
STARWOOD PROPERTY TRUST
TANGER FACTORY OUTLET
WELLTOWER INC
WILLIAM BLAIR MACRO ALLOCATION
OAKMARK INTL SMALL CAP FUND
AMERICAN FUNDS SMALL CAP WORLD	406,105	444,037
FIRST EAGLE OVERSEAS FUND	271,494	318,042
GQG PARTNERS EMERGING MARKETS EQUITY	401,015	422,533

- TIN:

TY 2020 InvestmentsGovtObligationsSch

Name:

EDWARD & IRMA HUNTER FOUNDATION

EIN:

23-7065471

US Government Securities - End of Year Book Value:

595,989

US Government Securities - End of Year Fair Market Value:

620,172

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

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

- TIN:

TY 2020 OtherAssetsSchedule

Name:

EDWARD & IRMA HUNTER FOUNDATION

EIN:

23-7065471

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
TERRY CO LAND TRUST	1	1	1

- TIN:

TY 2020 OtherExpensesSchedule

Name:

EDWARD & IRMA HUNTER FOUNDATION

EIN:

23-7065471

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
EXPENSES
MICHIGAN COUNCIL OF FOUNDATIO	3,700	2,100	1,600
LIABILITY INSURANCE	2,211	1,106	1,105
OTHER EXPENSES	2,462	2,462

- TIN:

TY 2020 OtherProfessionalFeesSchedule

Name:

EDWARD & IRMA HUNTER FOUNDATION

EIN:

23-7065471

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
WALTER & KEENAN FINANCIAL CONSUL	148,331	65,331		83,000

- TIN:

TY 2020 SubstantialContributorsSch

Name:

EDWARD & IRMA HUNTER FOUNDATION

EIN:

23-7065471

Name	Address
GREATER NILES CHAMBER OF COMMERCE	333 NORTH 2ND ST STE 302 NILES,MI49120

- TIN:

TY 2020 TaxesSchedule

Name:

EDWARD & IRMA HUNTER FOUNDATION

EIN:

23-7065471

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FEDERAL EXCISE TAX	71,497	71,497