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
LAPAN MEMORIAL SUNSHINE FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)6366 N SKYLINE RIDGE DR
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
TUCSON, AZ85718
A Employer identification number

88-0192311
B Telephone number (see instructions)

(520) 577-1311
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$20,295,372J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 2,058,308
2 Check bullet.............
3 Interest on savings and temporary cash investments 1,322 1,322  
4 Dividends and interest from securities... 210,656 210,656  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 14,241
b Gross sales price for all assets on line 6a 2,083,337
7 Capital gain net income (from Part IV, line 2)... 14,241
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........ 2,284,527 226,219 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 55,824 0 0 55,824
14 Other employee salaries and wages...... 50,000 0 0 50,000
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 400 0 0 0
b Accounting fees (attach schedule)....... Click to see attachment 3,200 1,600 0 1,600
c Other professional fees (attach schedule).... Click to see attachment 1,481 0 0 741
17 Interest............... 18 18 0 0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 5,614 1,536 0 0
19 Depreciation (attach schedule) and depletion... Click to see attachment 25,089 0 0
20 Occupancy.............. 9,331 0 0 4,666
21 Travel, conferences, and meetings....... 5,370 0 0 2,685
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 144,159 343 0 117,674
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 300,486 3,497 0 233,190
25 Contributions, gifts, grants paid....... 437,737 437,737
26 Total expenses and disbursements. Add lines 24 and 25 738,223 3,497 0 670,927
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,546,304
b Net investment income (if negative, enter -0-) 222,722
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 117,333 19,057 19,057
2 Savings and temporary cash investments......... 1,523,854 3,218,238 3,218,238
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 1,427 4,245 4,245
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 12,009,846 Click to see attachment15,461,862 15,461,862
c Investments—corporate bonds (attach schedule)....... 576,993 Click to see attachment188,694 188,694
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 33,429 Click to see attachment743,117 743,117
14 Land, buildings, and equipment: basis bullet722,191
Less: accumulated depreciation (attach schedule) bullet62,032 685,250 Click to see attachment660,159 660,159
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 14,948,132 20,295,372 20,295,372
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) Click to see attachment800 Click to see attachment0
23 Total liabilities (add lines 17 through 22)......... 800 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 14,947,332 20,295,372
29 Total net assets or fund balances (see instructions)..... 14,947,332 20,295,372
30 Total liabilities and net assets/fund balances (see instructions). 14,948,132 20,295,372
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
14,947,332
2
Enter amount from Part I, line 27a .....................
2
1,546,304
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
3,801,736
4
Add lines 1, 2, and 3 ..........................
4
20,295,372
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
20,295,372
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 BRISTOL MYERS SQUIBB P 2019-11-21 2020-11-03
b SAFEWAY INC P 2012-08-10 2020-04-28
c GOLDMAN SACH P 2012-08-13 2020-04-28
d VIATRIS INC P 2008-07-10 2020-11-17
e ABB LTD SPONSORED P 2018-01-01 2020-11-03
ABBOTT LABORATORIES P 2017-01-06 2020-11-03
ABBVIE INC P 2018-01-01 2020-11-03
ALPHABET INC CLASS A P 2008-12-21 2020-11-03
ALPHABET INC CLASS C P 2008-12-21 2020-11-03
AMGEN INC P 2018-01-01 2020-11-03
ANHEUSER-BUSCH P 2018-01-01 2020-11-02
APPLE INC P 2012-09-04 2020-11-03
BANK NEW YORK MELLON P 2018-01-01 2020-11-02
BANK OF AMERICA CORP P 2018-12-18 2020-11-03
BIOGEN INC P 2019-11-21 2020-11-03
COMCAST CORP P 2018-01-01 2020-11-03
GENERAL DYNAMICS P 2018-01-01 2020-11-03
GENERAL ELECTRIC P 2015-01-26 2020-11-02
GLAXOSMITHKLINE P 2018-01-01 2020-11-03
HEALTHCARE TRUST P 2018-01-01 2020-11-03
HOME DEPOT P 2018-01-01 2020-11-03
INTERNATIONAL BUSINESS MACHINES P 2018-01-01 2020-11-02
ISHARES TRUST P 2017-02-10 2020-11-03
KEYCORP NEW P 2019-08-14 2020-11-03
KINDER MORGAN INC P 2016-05-17 2020-11-03
KRAFT HEINZ P 2018-01-01 2020-11-02
MCDONALDS CORP P 2018-01-01 2020-11-03
MICROSOFT CORP P 2017-01-30 2020-11-03
MYLAN NV SHS P 2015-03-02 2020-11-02
NIKE INC P 2016-06-20 2020-11-03
O I GLASS INC P 2018-12-18 2020-11-02
RAYTHEON TECHNOLOGIES P 2008-11-13 2020-11-03
REALTY INCOME CORP P 2017-01-06 2020-11-03
ROYAL DUTCH SHELL P 2018-12-18 2020-11-02
VIATRIS INC P 2012-09-04 2020-11-23
WABTEC INC P 2019-02-26 2020-11-03
WALMART INC P 2018-01-01 2020-11-03
WALT DISNEY CO P 2017-01-06 2020-11-03
WEYERHAEUSER CO P 2018-01-01 2020-11-03
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 15,131   14,102 1,029
b 24,474   24,684 -210
c 26,553   25,000 1,553
d 2   1 1
e 126,091   104,930 21,161
43,790   16,379 27,411
30,677   21,980 8,697
40,416   5,760 34,656
40,353   5,726 34,627
50,439   31,249 19,190
52,121   111,701 -59,580
172,932   37,797 135,135
80,366   105,703 -25,337
49,418   50,016 -598
37,456   48,051 -10,595
83,452   27,534 55,918
81,513   100,496 -18,983
14,949   49,375 -34,426
87,527   103,466 -15,939
100,557   110,478 -9,921
41,076   8,713 32,363
84,546   131,023 -46,477
100,962   101,226 -264
97,419   113,890 -16,471
11,919   16,274 -4,355
44,167   109,715 -65,548
54,071   22,451 31,620
33,487   10,735 22,752
37,112   142,236 -105,124
46,496   20,578 25,918
29,129   50,191 -21,062
50,737   44,325 6,412
73,605   72,722 883
25,010   58,916 -33,906
5   3 2
621   781 -160
23,629   12,084 11,545
84,754   76,634 8,120
85,272   82,171 3,101
1,103     1,103
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       1,029
b       -210
c       1,553
d       1
e       21,161
      27,411
      8,697
      34,656
      34,627
      19,190
      -59,580
      135,135
      -25,337
      -598
      -10,595
      55,918
      -18,983
      -34,426
      -15,939
      -9,921
      32,363
      -46,477
      -264
      -16,471
      -4,355
      -65,548
      31,620
      22,752
      -105,124
      25,918
      -21,062
      6,412
      883
      -33,906
      2
      -160
      11,545
      8,120
      3,101
      1,103
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 14,241
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 1,029
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 3,096
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 3,096
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 3,096
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 4,177
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 4,177
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 1
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 1,080
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet1,080 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)
    bulletAZ
    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 .Click to see attachment
    8b
     
    No
    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 addressbulletLAPANSUNSHINEFOUNDATION.ORG
    14
    The books are in care ofbulletDAVID LAPAN Telephone no.bullet (520) 577-1311

    Located atbullet6366 N SKYLINE RIDGE DRTUCSONAZ ZIP+4bullet85718
    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
    0
    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
     
    No
    .........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
    LISA LAPAN PRESIDENT
    3.00     		0 0 0
    6366 N SKYLINE RIDGE DR
    TUCSON,AZ85718
    DAVID LAPAN VICE PRESIDENT
    3.00     		0 0 0
    6366 N SKYLINE RIDGE DR
    TUCSON,AZ85718
    LUCY KIN EXECUTIVE DIRECTOR
    30.00     		55,824 0 0
    6366 N SKYLINE RIDGE DR
    TUCSON,AZ85718
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    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
    13,634,395
    b
    Average of monthly cash balances.......................
    1b
    1,672,375
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    15,306,770
    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
    15,306,770
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    229,602
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    15,077,168
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    753,858
    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
    753,858
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    3,096
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,096
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    750,762
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    750,762
    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
    750,762
    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
    670,927
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    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
    670,927
    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
    670,927
    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 7 750,762
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 312,570
    b From 2016...... 316,784
    c From 2017...... 292,487
    d From 2018...... 364,571
    e From 2019...... 166,704
    fTotal of lines 3a through e........ 1,453,116
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 670,927
    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..... 670,927
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 79,835 79,835
    (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 1,373,281
    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) ...     		232,735
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		1,140,546
    10 Analysis of line 9:
    a Excess from 2016.... 316,784
    b Excess from 2017.... 292,487
    c Excess from 2018.... 364,571
    d Excess from 2019.... 166,704
    e Excess from 2020....  
    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).)
    LISA LAPAN
    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 e-mail address of the person to whom applications should be addressed:
    LUCY KIN LAPAN COLLEGE CLUB
    1121 N CAMINO DE JUAN
    TUCSON,AZ85745
    (520) 360-9881
    bThe form in which applications should be submitted and information and materials they should include:
    RESUME, PROOF OF ACADEMIC STANDING AND FINANCIAL NEED
    cAny submission deadlines:
    MAY 1ST OF EACH YEAR
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    ALL SCHOLARSHIPS ARE PAID DIRECTLY TO THE EDUCATIONAL INSTITUTION FOR TUITION OR OTHER EDUCATION RELATED COSTS. PREFERENCE IS GIVEN TO PIMA COUNTY, AZ RESIDENTS.
    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
    AMERICAN CANCER SOCIETY
    3380 CHASTAIN MEADOWS PKWY NW STE
    200
    KENNESAW,GA30144     		NONE PUBLIC SUPPORT 500
    AMERICAN HEART ASSOCIATION
    3443 N CAMPBELL AVE STE 155
    TUCSON,AZ85719     		NONE PUBLIC SUPPORT 5,000
    ANGEL CHARITY FOR CHILDREN INC
    3132 N SWAN RD
    TUCSON,AZ85712     		NONE PUBLIC SUPPORT 20,500
    ARIZONA STATE UNIVERSITY
    411 N CENTRAL AVE
    PHOENIX,AZ85004     		NONE PUBLIC SCHOLARSHIPS AND EDUCATIONAL EXPENSES 12,567
    BOWDOIN COLLEGE
    255 MAINE ST
    BRUNSWICK,ME04011     		NONE PUBLIC SCHOLARSHIPS AND EDUCATIONAL EXPENSES 2,700
    BROOKLINE COLLEGE
    5441 E 22ND ST STE 125
    TUCSON,AZ85711     		NONE PUBLIC SCHOLARSHIPS AND EDUCATIONAL EXPENSES 5,600
    CE ROSE PREK-8 SCHOOL
    710 W MICHIGAN ST
    TUCSON,AZ85714     		NONE PUBLIC SUPPORT 50
    COCHISE COMMUNITY COLLEGE
    901 N COLOMBO AVENUE
    SIERRA VISTA,AZ85635     		NONE PUBLIC SCHOLARSHIPS AND EDUCATIONAL EXPENSES 1,267
    COCONINO COMMUNITY COLLEGE
    2800 S LONE TREE RD
    FLAGSTAFF,AZ86005     		NONE PUBLIC SCHOLARSHIPS AND EDUCATIONAL EXPENSES 951
    COLGATE UNIVERSITY
    13 OAK DR
    HAMILTON,NY13346     		NONE PUBLIC SCHOLARSHIPS AND EDUCATIONAL EXPENSES 1,094
    COLUMBIA UNIVERSITY
    1150 AMSTERDAM AVE
    NEW YORK,NY10027     		NONE PUBLIC SCHOLARSHIPS AND EDUCATIONAL EXPENSES 195
    DALLAS COMMUNITY COLLEGE
    1601 S LAMAR ST
    DALLAS,TX75215     		NONE PUBLIC SCHOLARSHIPS AND EDUCATIONAL EXPENSES 5,541
    DEPARTMENT OF CORRECTIONS ACADEMY
    5601 W TRAILS END RD
    TUCSON,AZ85745     		NONE PUBLIC SCHOLARSHIPS AND EDUCATIONAL EXPENSES 530
    EL RIO HEALTH CENTER FOUNDATION
    839 W CONGRESS
    TUCSON,AZ85745     		NONE PUBLIC SUPPORT 20,000
    EMBRY-RIDDLE AERONAUTICAL UNIVERSITY
    3700 WILLOW CREEK RD
    PRESCOTT,AZ86301     		NONE N/A SCHOLARSHIPS AND EDUCATIONAL EXPENSES 3,000
    FIRST TEE
    1400 W SPEEDWAY BLVD
    TUCSON,AZ85745     		NONE PUBLIC SUPPORT 1,000
    GOOLEY FOUNDATION
    30670 N RIVER RD
    HARRISON TOWNSHIP,MI48045     		NONE PUBLIC SUPPORT 2,000
    GRAND CANYON UNIVERSITY
    3300 W CAMELBACK RD
    PHOENIX,AZ85017     		NONE PUBLIC SCHOLARSHIPS AND EDUCATIONAL EXPENSES 22,767
    HARVARD UNIVERSITY
    PO BOX 419209
    CAMBRIDGE,MA02138     		NONE PUBLIC SCHOLARSHIPS AND EDUCATIONAL EXPENSES 450
    HOGAN SCHOOL OF REAL ESTATE
    4023 E GRANT RD
    TUCSON,AZ85712     		NONE N/A SCHOLARSHIPS AND EDUCATIONAL EXPENSES 1,177
    HOLLINGER ASSOCIATION OF PARENTS (APSE)
    150 W AJO WAY
    TUCSON,AZ85713     		NONE PUBLIC SUPPORT 150
    INSTITUTO TECNOLOGICO DE NOGALES
    AVENIDA INSTITUTO TECNOLOGICO
    NOGALES,SONORA84065
    MX     		NONE N/A SCHOLARSHIPS AND EDUCATIONAL EXPENSES 350
    LEUKEMIA & LYMPHOMA SOCIETY
    PO BOX 1252
    MARANA,AZ85653     		NONE PUBLIC SUPPORT 300
    MAGIC BASKETBALL ASSOCIATION
    PO BOX 42351
    TUCSON,AZ85733     		NONE PUBLIC SUPPORT 1,000
    NATIONAL ASSOCIATION OF BOARDS OF PHARMACY
    1600 FEEHANVILLE DR
    MOUNT PROSPECT,IL60056     		NONE PUBLIC SCHOLARSHIPS AND EDUCATIONAL EXPENSES 625
    NATIONAL SOCIETY OF LEADERSHIP & SUCCESS
    4300 BISCAYNE BLVD STE 203
    MIAMI,FL33137     		NONE PUBLIC SCHOLARSHIPS AND EDUCATIONAL EXPENSES 289
    NORTHERN ARIZONA UNIVERSITY
    S SAN FRANCISCO ST
    FLAGSTAFF,AZ86011     		NONE PUBLIC SCHOLARSHIPS AND EDUCATIONAL EXPENSES 7,278
    OTTAWA UNIVERSITY
    15950 N CIVIC CENTER PLAZA
    SURPRISE,AZ85374     		NONE PUBLIC SCHOLARSHIPS AND EDUCATIONAL EXPENSES 2,000
    PIMA COMMUNITY COLLEGE
    4905 E BROADWAY BLVD
    TUCSON,AZ85709     		NONE PUBLIC SCHOLARSHIPS AND EDUCATIONAL EXPENSES 68,572
    PIMA MEDICAL INSTITUTE
    2121 N CRAYCROFT RD BLDG 1
    TUCSON,AZ85712     		NONE N/A SCHOLARSHIPS AND EDUCATIONAL EXPENSES 5,780
    RAINY RIVER COMMUNITY COLLEGE
    1501 US-71
    INTERNATIONAL FALLS,MN56649     		NONE PUBLIC SCHOLARSHIPS AND EDUCATIONAL EXPENSES 801
    TUCSON COLLEGE OF BEAUTY
    3955 N FLOWING WELLS RD
    TUCSON,AZ85705     		NONE N/A SCHOLARSHIPS AND EDUCATIONAL EXPENSES 392
    TUCSON UNIFIED SCHOOL DISTRICT
    1010 E 10TH ST
    TUCSON,AZ85719     		NONE PUBLIC SUPPORT 44,329
    UNIVERSIDAD AUTONOMA DE BAJA CA
    AV LVARO OBREGN Y JULIN CARRILL
    MEXICALI,BAJA CALIFORNIA02002
    MX     		NONE N/A SCHOLARSHIPS AND EDUCATIONAL EXPENSES 421
    UNIVERSIDAD DE SONORA
    BLVD LUIS ENCINAS Y ROSALES
    HERMOSILLO,SONORA  
    MX     		NONE N/A SCHOLARSHIPS AND EDUCATIONAL EXPENSES 150
    UNIVERSIDAD VALLE DE MEXICO
    CAMPOS ELISEOS 223
    CIUDAD DE MEXICO,DISTRITO FEDERAL01060
    MX     		NONE N/A SCHOLARSHIPS AND EDUCATIONAL EXPENSES 7,392
    UNIVERSITY OF ARIZONA
    PO BOX 210066
    TUCSON,AZ85721     		NONE PUBLIC SCHOLARSHIPS AND EDUCATIONAL EXPENSES 138,411
    UNIVERSITY OF CALIFORNIA SANTA CRUZ
    1156 HIGH ST
    SANTA CRUZ,CA95064     		NONE PUBLIC SCHOLARSHIPS AND EDUCATIONAL EXPENSES 410
    UNIVERSITY OF MISSOURI
    230 JESSE HALL
    COLUMBIA,MO65211     		NONE PUBLIC SCHOLARSHIPS AND EDUCATIONAL EXPENSES 7,200
    UNIVERSITY OF OXFORD
    1 WELLINGTON SQUARE
    OXFORD    
    UK     		NONE PUBLIC SCHOLARSHIPS AND EDUCATIONAL EXPENSES 2,000
    WAKEFIELD COMMUNITY
    3407 S 9TH AVE
    TUCSON,AZ85713     		NONE N/A SUPPORT 41,520
    WESTERN NEW MEXICO UNIVERSITY
    1000 W COLLEGE AVE
    SILVER CITY,NM88062     		NONE PUBLIC SCHOLARSHIPS AND EDUCATIONAL EXPENSES 1,478
    Total .................................bullet 3a 437,737
    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 1,322  
    4 Dividends and interest from securities....     14 210,656  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 14,241  
    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).. 0 226,219 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    226,219
    (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
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2020
    Name of the organization
    LAPAN MEMORIAL SUNSHINE FOUNDATION INC
     
    Employer identification number

    88-0192311
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    LAPAN MEMORIAL SUNSHINE FOUNDATION INC
          		Employer identification number
    88-0192311
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    PATRICIA LAPAN CHARITABLE LEAD TR
     
    6366 N SKYLINE RIDGE DR
     
    TUCSON, AZ85718

    		$ 2,045,252


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    TUCSON CONQUISTADORES
     
    6450 E BROADWAY BLVD
     
    TUCSON, AZ85710

    		$ 10,401


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

    		$  


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

    		$  


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

    		$  


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

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    LAPAN MEMORIAL SUNSHINE FOUNDATION INC
          		Employer identification number

    88-0192311
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 2,446 SH ABBVIE INC500 SH AMGEN INC8,000 SH APPLE INC400 SH BIOGEN INC600 SH CATERPILLAR INC $ 1,457,444 2020-10-20
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 600 SH DIGITAL REALTY1,308 SH DUKE ENERGY7,094 SH KEYCORP1,365 SH MERCK & CO3,070 SH VERIZON $ 587,492 2020-10-20
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    LAPAN MEMORIAL SUNSHINE FOUNDATION INC
          		Employer identification number

    88-0192311
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2020 AccountingFeesSchedule
    Name:
    LAPAN MEMORIAL SUNSHINE FOUNDATION INC
    EIN:
    88-0192311
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 3,200 1,600 0 1,600

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

    TY 2020 DepreciationSchedule
    Name:
    LAPAN MEMORIAL SUNSHINE FOUNDATION INC
    EIN:
    88-0192311
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    RENOVATIONS 2016-11-21 33,000 2,644 SL 39.000000000000 846 0 0  
    RENOVATIONS 2017-12-31 511,978 26,803 SL 39.000000000000 13,128 0 0  
    RENOVATIONS 2018-12-31 139,527 3,727 SL 39.000000000000 3,578 0 0  
    2018 FORD TRANSIT CONNECT 2019-05-06 37,686 3,769 SL 5.000000000000 7,537 0 0  

    TY 2020 ExplnOfNonFilingWithAGStmt
    Name:
    LAPAN MEMORIAL SUNSHINE FOUNDATION INC
    EIN:
    88-0192311
    Statement:
    FOR TAX YEARS 2018 AND AFTER TAX EXEMPT ORGANIZATIONS ARE NO LONGER REQUIRED TO FILE AN ARIZONA FORM OR A COPY OF THE FEDERAL EQUIVALENT WITH THE STATE. IF A FEDERAL 990-T IS REQUIRED, AN ARIZONA 99-T IS REQUIRED TO BE FILED, AND THIS DOES NOT APPLY TO THIS ORGANIZATION FOR THIS TAX YEAR. THE SECRETARY OF STATE STILL REQUIRES VETERAN'S CHARITABLE ORGANIZATIONS TO REPORT CERTAIN ACTIVITES RELATED TO FUNDRAISING, AND THAT DOES NOT APPLY TO THIS ORGANIZATION.

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    LAPAN MEMORIAL SUNSHINE FOUNDATION INC
    EIN:
    88-0192311
    Name of Bond End of Year Book Value End of Year Fair Market Value
    FIRST TRUST PREFERRED 104,988 104,988
    DIGITAL REALTY TRUST INC 83,706 83,706

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    LAPAN MEMORIAL SUNSHINE FOUNDATION INC
    EIN:
    88-0192311
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AMERISOURCEBERGEN CO 8,603 8,603
    AMGEN INC 123,007 123,007
    BOEING CO 3,639 3,639
    PFIZER INC 55,215 55,215
    PRICESMART INC 1,366 1,366
    VIATRIS INC 3,486 3,486
    YUM BRANDS INC 4,342 4,342
    YUM CHINA HOLDINGS 2,284 2,284
    ABBOTT LABORATORIES 328,470 328,470
    ABBVIE INC 225,015 225,015
    ALPHABET INC CL C 525,564 525,564
    ALPHABET INC CL A 525,792 525,792
    AMAZON.COM INC 162,846 162,846
    AMGEN INC 344,880 344,880
    APPLE INC 7,032,570 7,032,570
    AT&T 115,040 115,040
    BIOGEN INC 428,505 428,505
    CARRIER GLOBAL CORPORATION 33,948 33,948
    CATERPILLAR INC 109,212 109,212
    COCA COLA COMPANY 153,552 153,552
    COLGATE PALMOLIVE COMPANY 94,061 94,061
    DUKE ENERGY CORPORATION 119,760 119,760
    GENERAL MILLS INC 220,500 220,500
    HOME DEPOT INC 478,116 478,116
    JOHNSON & JOHNSON 157,380 157,380
    KIMBERLY CLARK CORP 67,415 67,415
    LEGG MASON PARTNERS EQUITY 409,139 409,139
    LOWES COMPANIES INC 160,510 160,510
    MASTERCARD INCORPORATED 107,082 107,082
    MCDONALDS CORP 160,935 160,935
    MERCK & CO INC 417,262 417,262
    MICROSOFT CORP 500,445 500,445
    NIKE INC 141,470 141,470
    OTIS WORLDWIDE CORPORATION 30,398 30,398
    PAYPAL HOLDINGS INC 234,200 234,200
    PEPSICO INC 88,980 88,980
    PFIZER INC 128,835 128,835
    PROCTER & GAMBLE CO 104,355 104,355
    STANLEY BLACK & DECKER INC 89,280 89,280
    UNITED PARCEL SVC INC CL B 84,200 84,200
    VERIZON COMMUNICATIONS 297,863 297,863
    VIATRIS INC 8,133 8,133
    VISA INC 87,492 87,492
    WAL-MART STORES INC 144,150 144,150
    WALT DISNEY CO 543,540 543,540
    3M COMPANY 52,437 52,437
    JOHNSON CONTROLS INTERNATIONAL PLC 93,180 93,180
    MEDTRONIC PLC 140,568 140,568
    TORONTO-DOMINION BANK 112,840 112,840

    TY 2020 InvestmentsOtherSchedule2
    Name:
    LAPAN MEMORIAL SUNSHINE FOUNDATION INC
    EIN:
    88-0192311
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    DFA EMERGING MKTS CORE FMV 37,267 37,267
    VANGUARD SPEC FUNDS - DIV APPREC FMV 705,850 705,850

    TY 2020 LandEtcSchedule2
    Name:
    LAPAN MEMORIAL SUNSHINE FOUNDATION INC
    EIN:
    88-0192311
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    TRANSPORTATION EQUIPMENT 37,686 11,306 26,380  
    OTHER 684,505 50,726 633,779  


    TY 2020 LegalFeesSchedule
    Name:
    LAPAN MEMORIAL SUNSHINE FOUNDATION INC
    EIN:
    88-0192311
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL 400 0 0 0


    TY 2020 OtherExpensesSchedule
    Name:
    LAPAN MEMORIAL SUNSHINE FOUNDATION INC
    EIN:
    88-0192311
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONTRACT LABOR 62,193 0 0 62,193
    SUPPLIES 18,711 0 0 9,356
    STIPENDS 28,281 0 0 28,281
    INVESTMENT FEES 343 343 0 0
    INSURANCE 5,835 0 0 2,918
    OFFICE EXPENSE 8,718 0 0 4,359
    ADVERTISING 486 0 0 486
    WORKMENS COMP 285 0 0 285
    MISCELLANEOUS EXP 285 0 0 285
    COMPUTER & INTERNET EXP 15,932 0 0 7,966
    MEALS 3,090 0 0 1,545


    TY 2020 OtherIncreasesSchedule
    Name:
    LAPAN MEMORIAL SUNSHINE FOUNDATION INC
    EIN:
    88-0192311
    Description Amount
    NET UNREALIZED GAINS ON INVESTMENTS 3,801,736


    TY 2020 OtherLiabilitiesSchedule
    Name:
    LAPAN MEMORIAL SUNSHINE FOUNDATION INC
    EIN:
    88-0192311
    Description Beginning of Year - Book Value End of Year - Book Value
    DUE TO EMPLOYEE 800 0


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    LAPAN MEMORIAL SUNSHINE FOUNDATION INC
    EIN:
    88-0192311
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL PROCESSING FEES 1,481 0 0 741


    TY 2020 TaxesSchedule
    Name:
    LAPAN MEMORIAL SUNSHINE FOUNDATION INC
    EIN:
    88-0192311
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX ON INVESTMENTS 1,536 1,536 0 0
    EXCISE TAXES 113 0 0 0
    PAYROLL TAXES 3,965 0 0 0