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
THE RAY AND TYE NOORDA FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)333 SOUTH 520 WEST SUITE 101
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LINDON, UT84042
A Employer identification number

87-0649164
B Telephone number (see instructions)

(801) 225-6731
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$216,213,266J 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) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments 5,211 5,211  
4 Dividends and interest from securities... 2,884,631 2,884,631  
5a Gross rents............ 3,003 3,003  
b Net rental income or (loss) 3,003
6a Net gain or (loss) from sale of assets not on line 10 6,091,001
b Gross sales price for all assets on line 6a 110,822,222
7 Capital gain net income (from Part IV, line 2)... 6,091,001
8 Net short-term capital gain.........  
9 Income modifications........... 750,880
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)....... Click to see attachment 6,985 6,985 0
12 Total. Add lines 1 through 11........ 8,990,831 8,990,831 750,880
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages...... 235,624 117,812 0 0
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 91,955 45,978 0 0
b Accounting fees (attach schedule)....... Click to see attachment 20,050 10,025 0 10,025
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 324,211 43,211 0 0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 39 0 0 0
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 1,397,099 1,298,065 0 0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,068,978 1,515,091 0 10,025
25 Contributions, gifts, grants paid....... 32,285,409 32,285,409
26 Total expenses and disbursements. Add lines 24 and 25 34,354,387 1,515,091 0 32,295,434
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -25,363,556
b Net investment income (if negative, enter -0-) 7,475,740
c Adjusted net income (if negative, enter -0-)... 750,880
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............. 57,864,128 11,861,730 11,861,730
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet   100,000    
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 69,033,751 Click to see attachment53,869,005 79,761,559
c Investments—corporate bonds (attach schedule)....... 78,287,141 Click to see attachment70,855,728 76,676,035
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 5,904,168 Click to see attachment47,928,234 47,913,942
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 211,189,188 184,514,697 216,213,266
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 211,189,188 184,514,697
29 Total net assets or fund balances (see instructions)..... 211,189,188 184,514,697
30 Total liabilities and net assets/fund balances (see instructions). 211,189,188 184,514,697
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
211,189,188
2
Enter amount from Part I, line 27a .....................
2
-25,363,556
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
750,880
4
Add lines 1, 2, and 3 ..........................
4
186,576,512
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
2,061,815
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
184,514,697
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES P    
b CAPITAL GAIN DISTRIBUTIONS P    
c MONTCLAIR CAPITAL FUND, LLC P    
d ENTERPRISE PRODUCTS PARTNERS L.P. P    
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 110,489,802   104,556,692 5,933,110
b 332,420     332,420
c     47,131 -47,131
d     127,398 -127,398
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       5,933,110
b       332,420
c       -47,131
d       -127,398
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 6,091,001
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 0
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................................ 1 103,913
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........................... 3 103,913
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- ..... 5 103,913
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 259,016
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 259,016
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 155,103
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet155,103 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
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)
    bulletUT
    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 ofbulletCAROLE DUMAS Telephone no.bullet (801) 932-6218

    Located atbullet333 SOUTH 520 WEST SUITE 300LINDONUT ZIP+4bullet84042
    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
    ANDY NOORDA OFFICER
    2.00     		0 0 0
    333 SOUTH 520 WEST SUITE 101
    LINDON,UT84042
    BRENT NOORDA TRUSTEE
    2.00     		0 0 0
    14010 GULF BLVD APT 203
    MADEIRA BEACH,FL33708
    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
    MERRILL LYNCH INVESTMENT FEES 433,949
    1500 MERRILL LYNCH DR NJ2-150-01-13
    PENNINGTON,NJ08534
    US BANK INVESTMENT FEES 371,242
    PO BOX 3168 - TRUST TAX
    PORTLAND,OR97208
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 INVESTMENT IN NMS LLC FOR THE PURPOSE OF EDUCATING CURRENT AND FUTURE HEALTHCARE PROFESSIONALS FOR OUTCOMES-ORIENTED, EVIDENCE BASED TO ADVANCE QUALITY & DELIVERY OF HEALTHCARE. 47,908,503
    2 0
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet47,908,503
    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
    161,205,581
    b
    Average of monthly cash balances.......................
    1b
    34,912,929
    c
    Fair market value of all other assets (see instructions)................
    1c
    29,639,498
    d
    Total (add lines 1a, b, and c).........................
    1d
    225,758,008
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    225,758,008
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    3,386,370
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    222,371,638
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    11,118,582
    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
    11,118,582
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    103,913
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    103,913
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    11,014,669
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    750,880
    5
    Add lines 3 and 4............................
    5
    11,765,549
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    11,765,549
    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
    32,295,434
    b
    Program-related investments—total from Part IX-B..................
    1b
    47,908,503
    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
    80,203,937
    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
    80,203,937
    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 11,765,549
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:2018, 2017, 2016 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 15,030,756
    b From 2016...... 20,811,293
    c From 2017...... 28,022,232
    d From 2018...... 24,852,393
    e From 2019...... 24,027,536
    fTotal of lines 3a through e........ 112,744,210
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 80,203,937
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 11,765,549
    e Remaining amount distributed out of corpus 68,438,388
    5 Excess distributions carryover applied to 2020. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 181,182,598
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		15,030,756
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		166,151,842
    10 Analysis of line 9:
    a Excess from 2016.... 20,811,293
    b Excess from 2017.... 28,022,232
    c Excess from 2018.... 24,852,393
    d Excess from 2019.... 24,027,536
    e Excess from 2020.... 68,438,388
    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).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ALLIANCE HOUSE
    1724 SOUTH MAIN STREET
    SALT LAKE CITY,UT84115     		NONE PC HUMANITARIAN 75,000
    ALZHEIMER'S ASSOCIATION UTAH CHAPTER
    855 EAST 4800 SOUTH SUITE 100
    SALT LAKE CITY,UT84107     		NONE PC HUMANITARIAN 150,000
    AMERICAN DIABETES ASSOCIATION
    PO BOX 11454
    ALEXANDRIA,VA22312     		NONE PC HUMANITARIAN 90,000
    AMERICAN RED CROSS
    555 EAST 300 SOUTH SUITE 200
    SALT LAKE CITY,UT84102     		NONE PC HUMANITARIAN 281,500
    ARRIVE UTAH
    21 E 100 N SUITE 102
    AMERICAN FORK,UT84003     		NONE PC HUMANITARIAN 407,129
    ASHOKA - ALL AMERICA
    1700 NORTH MOORE STEREET STE 2000
    ARLINGTON,VA22209     		NONE PC HUMANITARIAN 275,000
    BICYCLE COLLECTIVE
    2312 S WEST TEMPLE
    SALT LAKE CITY,UT84115     		NONE PC HUMANITARIAN 500,000
    BLUE VENTURES CONSERVATION
    LEVEL 2 ANNEX OMNIBUS BUSINESS
    CENTER 39-41 NORTH ROAD
    LONDON   N7 9DP
    UK     		NONE PC HUMANITARIAN 550,000
    BRIDGE LIBERIA
    1344 HOLLY LEAF WAY
    DIAMOND BAR,CA91765     		NONE PC HUMANITARIAN 750,000
    BUILDING TOMORROW
    615 N ALABAMA STREET SUITE D
    INDIANAPOLIS,IN46204     		NONE PC HUMANITARIAN 37,500
    CENTER FOR ALZHEIMER'S CARE IMAGING AND RESEARCH
    650 KOMAS DRIVE 106A
    SALT LAKE CITY,UT81108     		NONE PC HUMANITARIAN 180,000
    CENTER FOR WOMEN AND CHILDREN IN CRISIS
    PO BOX 1075
    PROVO,UT84603     		NONE PC HUMANITARIAN 150,000
    CHILD AND FAMILY SUPPORT CENTER
    PO BOX 6055
    LOGAN,UT84341     		NONE PC HUMANITARIAN 112,500
    COLLEGE OF NURSING UNIVERSITY OF UTAH
    10 SOUTH 2000 EAST
    SALT LAKE CITY,UT84112     		NONE PC HUMANITARIAN 60,000
    D-REV
    695 MINNESOTA ST
    SAN FRANCISCO,CA94107     		NONE PC HUMANITARIAN 450,000
    EDUCATE GIRLS
    SUITE 201 DUROLITE HOUSE
    ANDHERI WEST,MUMBAI  
    IN     		NONE PC HUMANITARIAN 1,300,000
    EDUCATE
    PO BOX 12302
    DENVER,CO80212     		NONE PC HUMANITARIAN 300,000
    EVADENCE ACTION - DISPENSER FOR SAFE WATER
    1101 K ST NW SUITE 900
    WASHINGTON,DC20005     		NONE PC HUMANITARIAN 2,000,000
    FIRST PLACE FOR YOUTH
    42617TH STREET
    OAKLAND,CA94612     		NONE PC HUMANITARIAN 1,500,000
    FLOURISH THERAPY INC
    1426 EAST 829
    NORTH OREM,UT84097     		NONE PC HUMANITARIAN 20,000
    FOCUS POINTS
    2501 E 48TH AVENUE
    DENVER,CO80216     		NONE PC HUMANITARIAN 400,000
    FOOD & CARE COALITION
    299 E 900 S
    PROVO,UT84606     		NONE PC HUMANITARIAN 315,000
    FREEDOM CEMETERY PRESERVATION FOUNDATION
    770 E 9000 S
    SANDY,UT84094     		NONE PC HUMANITARIAN 3,000
    FRIENDS FOR SIGHT
    6715 SOUTH 1300 EAST SUITE 250
    SALT LAKE CITY,UT84121     		NONE PC HUMANITARIAN 65,000
    FRIENDS OF WASATCH MENTAL HEALTH FOUNDATION
    750 N 200 W STE 301
    PROVO,UT84601     		NONE PC HUMANITARIAN 9,000
    GIVEDIRECTLY
    PO BOX 3221
    NEW YORK,NY10008     		NONE PC HUMANITARIAN 250,000
    GREEN ENERGY
    LEWIS CLARK LAW SCHOOL 10015 SW
    TERWILLIGER BLVD
    PORTLAND,OR97219     		NONE PC HUMANITARIAN 50,000
    HABITAT FOR HUMANITY
    340 S OREM BLVD
    OREM,UT84058     		NONE PC HUMANITARIAN 120,000
    HEALTHCARE WITHOUT HARM
    12355 SUNRISE VALLEY DR SUITE 680
    RESTON,VA20191     		NONE PC HUMANITARIAN 750,000
    HELEN KELLER INTERNATIONAL
    ONE DAG HAMMARSKJOLD PLAZA 2ND
    FLOOR
    NEW YORK,NY10017     		NONE PC HUMANITARIAN 1,500,000
    HERITAGE SCHOOLS INC
    5600 N HERITAGE SCHOOL DR
    PROVO,UT84604     		NONE PC HUMANITARIAN 135,000
    HYDROCEPHALUS CLINICAL RESEARCH
    333 S 520 W
    LINDON,UT84042     		NONE PC HUMANITARIAN 385,000
    INTEGRATE HEALTH
    PO BOX 605
    MEDWAY,MA02053     		NONE PC HUMANITARIAN 375,000
    KIDS ON THE MOVE INC
    475 WEST 260 NORTH
    OREM,UT84057     		NONE PC HUMANITARIAN 135,000
    KOSTOPULOS DREAM FOUNDATION
    475 WEST 260 NORTH
    OREM,UT84057     		NONE PC HUMANITARIAN 90,000
    LANTERN HOUSE
    269 WEST 33RD STREET
    OGDEN,UT84401     		NONE PC HUMANITARIAN 27,000
    LIVING GOODS
    1875 K STREET NW SUITE 400
    WASHINGTON,DC20006     		NONE PC HUMANITARIAN 750,000
    MEDIC MOBILE
    3254 19TH STREET FLOOR TWO
    SAN FRANCISCO,CA94110     		NONE PC HUMANITARIAN 750,000
    MUSO
    3254 19TH ST
    SAN FRANCISCO,CA94110     		NONE PC HUMANITARIAN 700,000
    MYAGRO FARMS
    3161 CATALINA ISLAND ROAD
    WEST SACRAMENTO,CA95691     		NONE PC HUMANITARIAN 900,000
    NATIONAL MULTIPLE SCLEROSIS SOCIETY
    PO BOX 4527
    NEW YORK,NY10163     		NONE PC HUMANITARIAN 90,000
    NEUROWORX
    90 W ALBION VILLAGE WAY
    SANDY,UT84070     		NONE PC HUMANITARIAN 225,000
    NO MEANS NO WORLDWIDE
    6100 CORTADERIA ST NE APT 3613
    ALBUQUERQUE,NM87111     		NONE PC HUMANITARIAN 125,000
    ONE ACRE FUND
    80 BROAD STREET SUITE 2500
    NEW YORK,NY10004     		NONE PC HUMANITARIAN 1,350,000
    ONEGOAL
    215 WEST SUPERIOR STREET SUITE 700
    CHICAGO,IL60654     		NONE PC HUMANITARIAN 500,000
    OREGON STATE UNIVERSITY FOUNDATION
    4238 SW RESEARCH WAY
    CORVALLIS,OR97333     		NONE PC HUMANITARIAN 500,000
    PKD FOUNDATION
    8330 WARD PARKWAY SUITE 510
    KANSAS CITY,MO64114     		NONE PC HUMANITARIAN 18,000
    PLAYWORKS UTAH
    1214 E WILMINGTON AVE SUITE 102
    SALT LAKE CITY,UT84106     		NONE PC HUMANITARIAN 690,000
    PRIMARY CHILDREN'S HOSPITAL FOUNDATION
    100 NORTH MARIO CAPECCHI DR
    SALT LAKE CITY,UT84113     		NONE PC HUMANITARIAN 150,000
    PROJECT READ
    550 NORTH UNIVERSITY AVE 215
    PROVO,UT84601     		NONE PC HUMANITARIAN 25,000
    PROXIMITY DESIGNS
    NO 24 SAYA SAN ROAD THARTHANA YE
    BAHAN TOWNSHIP,YANGON  
    BM     		NONE PC HUMANITARIAN 500,000
    REGENTS OF THE UNIVERSITY OF CALIFORNIA
    1111 FRANKLIN ST
    OAKLAND,CA94607     		NONE PC HUMANITARIAN 1,046,580
    RESCUE MISSION OF SALT LAKE
    463 S 400 W
    SALT LAKE CITY,UT84101     		NONE PC HUMANITARIAN 13,500
    ROAD HOME
    210 S RIO GRANDE STREET
    SALT LAKE CITY,UT84101     		NONE PC HUMANITARIAN 27,000
    ROCKY MOUNTAIN INSTITUTE
    22830 TWO RIVERS ROAD
    BASALT,CO81621     		NONE PC HUMANITARIAN 500,000
    ROOM TO GROW
    7 WEST 30TH STREET
    NEW YORK,NY10001     		NONE PC HUMANITARIAN 500,000
    ROOTS CAPITAL
    130 BISHOP ALLEN DRIVE 2ND FLOOR
    CAMBRIDGE,MA02139     		NONE PC HUMANITARIAN 650,000
    SANERGY
    28 PARK STREET NO 3
    BROOKLINE,MA02446     		NONE PC HUMANITARIAN 800,000
    SANKU (PROJECT HEALTHY CHILDREN)
    PO BOX 38568 DAR ES SALAAM
    TZ     		NONE PC HUMANITARIAN 112,500
    SHRINERS CHILDREN'S HOSPITAL
    1275 EAST FAIRFAX ROAD
    SALT LAKE CITY,UT84103     		NONE PC HUMANITARIAN 175,000
    SPECIAL OLYMPICS UTAH
    1400 S FOOTHILL DRIVE SUITE 238
    SALT LAKE CITY,UT84108     		NONE PC HUMANITARIAN 6,000
    ST JOSEPH'S HOSPITALS FOUNDATION
    2700 W DR MARTIN LUTHER KING JR
    BLVD SUITE 310
    TAMPA,FL33607     		NONE PC HUMANITARIAN 150,000
    THE AGAINST MALARIA FOUNDATION
    PO BOX 7247-6370
    PHILDELPHIA,PA191706370     		NONE PC HUMANITARIAN 1,000,000
    THE ALS ASSOCIATION
    10855 DOVER STREET SUITE 200
    WESTMINISTER,CO80021     		NONE PC HUMANITARIAN 67,500
    THE BOMA PROJECT
    PO BOX 1865 4927 MAIN STREET
    MANCHESTER CENTER,VT05255     		NONE PC HUMANITARIAN 600,000
    THE STRAIGHTER WAY FOUNDATION
    1308 NORTH 800 WEST
    SARATOGA SPRINGS,UT84045     		NONE PC HUMANITARIAN 225,000
    TRACY AVIARY
    589 EAST 1300 SOUTH
    SALT LAKE CITY,UT84105     		NONE PC HUMANITARIAN 25,000
    UBONGO INTERNATIONAL
    6615 VAUGHT RANCH ROAD SUITE 100
    AUSTIN,TX78730     		NONE PC HUMANITARIAN 250,000
    UCI BIO SCI
    2213 MCGAUGH HALL
    IRVINE,CA92617     		NONE PC HUMANITARIAN 70,000
    UNITED WAY
    148 NORTH 100 WEST PO BOX 135
    PROVO,UT84603     		NONE PC HUMANITARIAN 80,000
    UNIVERSITY OF UTAH HEALTH SCIENCES
    515 EAST 100 SOUTH SUITE 300
    SALT LAKE CITY,UT84102     		NONE PC HUMANITARIAN 120,000
    UNIVERSITY OF UTAH SCHOOL OF SOCIAL AND BEHAVIORAL SCIENCE
    260 SOUTH CENTRAL CAMPUS DRIVE
    SALT LAKE CITY,UT84112     		NONE PC HUMANITARIAN 180,000
    UPSCHALE MUSIC FOUNDATION
    650 S STATE STREET
    OREM,UT84058     		NONE PC HUMANITARIAN 24,000
    UTAH CLEAN ENERGY
    1014 2ND AVENUE
    SALT LAKE CITY,UT84103     		NONE PC HUMANITARIAN 90,000
    UTAH COUNCIL FOR THE BLIND
    250 NORTH 1950 WEST
    SALT LAKE CITY,UT84116     		NONE PC HUMANITARIAN 90,000
    UTAH PET PARTNERS
    2459 WEST 300 NORTH PROVO
    NORTH PROVO,UT84601     		NONE PC HUMANITARIAN 2,700
    UTAH SCHOOLS FOR THE DEAF AND BLIND
    742 HARRISON BLVD
    OGDEN,UT84404     		NONE PC HUMANITARIAN 90,000
    UTAH VALLEY UNIVERSITY FOUNDATION
    800 WEST UNIVERSITY PARKWAY MS111
    OREM,UT84058     		NONE PC HUMANITARIAN 60,000
    VILLAGE ENTERPRISE
    751 LAUREL ST PMB 222
    SAN CAROLOS,CA94065     		NONE PC HUMANITARIAN 250,000
    VISIONSPRING
    505 8TH AVENUE SUITE 12-A-07
    NEW YORK,NY10018     		NONE PC HUMANITARIAN 750,000
    VOLUNTEERS OF AMERICA
    1660 DUKE STREET
    ALEXANDRIA,VA22314     		NONE PC HUMANITARIAN 200,000
    WEBER STATE UNIVERSITY
    4018 UNIVERSITY CIRCLE
    OGDEN,UT84408     		NONE PC HUMANITARIAN 3,060,000
    Total .................................bullet 3a 32,285,409
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 5,211  
    4 Dividends and interest from securities....     14 2,884,631  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 3,003  
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....     18 6,985  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 6,091,001  
    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).. 0 8,990,831 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    8,990,831
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    THE RAY AND TYE NOORDA FOUNDATION
    EIN:
    87-0649164
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION 20,050 10,025 0 10,025

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    THE RAY AND TYE NOORDA FOUNDATION
    EIN:
    87-0649164
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CORPORATE BONDS 70,855,728 76,676,035

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    THE RAY AND TYE NOORDA FOUNDATION
    EIN:
    87-0649164
    Name of Stock End of Year Book Value End of Year Fair Market Value
    CORPORATE STOCK 53,869,005 79,761,559

    TY 2020 InvestmentsOtherSchedule2
    Name:
    THE RAY AND TYE NOORDA FOUNDATION
    EIN:
    87-0649164
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    OTHER INVESTMENTS FMV 47,928,234 47,913,942

    TY 2020 LegalFeesSchedule
    Name:
    THE RAY AND TYE NOORDA FOUNDATION
    EIN:
    87-0649164
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 91,955 45,978 0 0


    TY 2020 OtherDecreasesSchedule
    Name:
    THE RAY AND TYE NOORDA FOUNDATION
    EIN:
    87-0649164
    Description Amount
    ACCRUAL TO CASH ADJUSTMENT 2,061,815


    TY 2020 OtherExpensesSchedule
    Name:
    THE RAY AND TYE NOORDA FOUNDATION
    EIN:
    87-0649164
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT EXPENSES 1,111,158 1,111,158 0 0
    CHECKING FEES 1,119 0 0 0
    OFFICE EXPENSE 43,737 26,242 0 0
    INSURANCE 872 523 0 0
    OTHER EXPENSES 240,213 160,142 0 0


    TY 2020 OtherIncomeSchedule2
    Name:
    THE RAY AND TYE NOORDA FOUNDATION
    EIN:
    87-0649164
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    AIG LITIGATION PROCEEDS 728 728 0
    COUNTRYWIDE FINANCIAL LITIG 24 24 0
    PETROBRAS LITIGATION 1,960 1,960 0
    WELLS FARGO LITIGATION 1,608 1,608 0
    OTHER K-1 INCOME 2,665 2,665 0


    TY 2020 OtherIncreasesSchedule
    Name:
    THE RAY AND TYE NOORDA FOUNDATION
    EIN:
    87-0649164
    Description Amount
    REFUND OF GRANT PAID 750,880


    TY 2020 TaxesSchedule
    Name:
    THE RAY AND TYE NOORDA FOUNDATION
    EIN:
    87-0649164
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES PAID 43,211 43,211 0 0
    FEDERAL TAXES PAID 281,000 0 0 0