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 07-01-2020 , and ending 06-30-2021
Name of foundation
CHARLES A GUNDELACH MEMORIAL FUND
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 0634
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MILWAUKEE, WI532010634
A Employer identification number

43-6395177
B Telephone number (see instructions)

(314) 418-2643
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$8,038,858J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 128,349 126,799  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 50,196
b Gross sales price for all assets on line 6a 324,236
7 Capital gain net income (from Part IV, line 2)... 50,196
8 Net short-term capital gain......... 0
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)....... Click to see attachment 8,660    
12 Total. Add lines 1 through 11........ 187,205 176,995  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 77,918 38,959   38,959
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment 10,270 0 0 10,270
c Other professional fees (attach schedule).... Click to see attachment 21,220 21,220   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 3,917 2,957   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 1,190 1,190    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 114,515 64,326 0 49,229
25 Contributions, gifts, grants paid....... 345,324 345,324
26 Total expenses and disbursements. Add lines 24 and 25 459,839 64,326 0 394,553
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -272,634
b Net investment income (if negative, enter -0-) 112,669
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.............      
2 Savings and temporary cash investments......... 45,762 44,276 44,276
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
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 bullet0      
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)....... 4,243,534 Click to see attachment3,969,495 7,994,582
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........     0
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 4,289,296 4,013,771 8,038,858
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
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........ 4,289,296 4,013,771
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 4,289,296 4,013,771
30 Total liabilities and net assets/fund balances (see instructions). 4,289,296 4,013,771
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
4,289,296
2
Enter amount from Part I, line 27a .....................
2
-272,634
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
4,016,662
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
2,891
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
4,013,771
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 .747 GAMING LEISURE PROPE W I   2019-07-05 2020-07-21
b .064 GAMING LEISURE PROPE W I   2019-07-05 2020-10-08
c 1. CALIFORNIA RES CORP   1911-11-11 2020-11-05
d 1. PFIZER INC   1911-11-11 2020-11-20
e .2115 VIATRIS INC   2016-02-24 2020-11-30
473. HD SUPPLY HOLDINGS INC   2019-06-25 2020-12-24
.055 GAMING LEISURE PROPE W I   2019-06-22 2021-01-15
1756. N T T DO CO MO INC A D R     2021-03-12
191. VARIAN MED SYS INC COM   2019-06-25 2021-04-15
.4 ORGANON CO   2016-02-24 2021-06-22
624. CENTERPOINT ENERGY INC   2019-06-25 2021-06-25
10. CHURCH & DWIGHT INC COM   2016-02-24 2021-06-25
17. CINTAS CORP COM   2016-02-24 2021-06-25
529. CITIZENS FINANCIAL GROUP   2019-06-25 2021-06-25
1533. DANONE SPONS A D R   2016-02-24 2021-06-25
35. DOCUSIGN INC   2018-06-22 2021-06-25
4.945 GAMING LEISURE PROPE W I     2021-06-25
.055 GAMING LEISURE PROPE W I   2020-12-24 2021-06-25
788. HSBC HLDGS PLC SPONSORED ADR NEW   2019-06-25 2021-06-25
274. LAMB WESTON HOLDING INC   2018-06-22 2021-06-25
979. MACYS INC   2018-06-22 2021-06-25
870. MELCO CROWN ENTERTAINMENT LMTD A D R   2017-06-06 2021-06-25
99. NICE SYSTEMS LTD-SPONSORED ADR   2016-02-24 2021-06-25
19. OLD DOMINION FGHT LINE INC   2017-06-06 2021-06-25
65. ORGANON CO     2021-06-25
106. VIATRIS INC   2016-02-24 2021-06-25
34. WAL MART STORES INC COM   2017-06-06 2021-06-25
101. WELLS FARGO & CO NEW   2016-02-24 2021-06-25
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN 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 25   29 -4
b 2   3 -1
c     14 -14
d 88     88
e 4   3 1
26,488   18,778 7,710
2   2  
63,553   41,856 21,697
33,903   25,961 7,942
12   9 3
15,379   18,544 -3,165
831   455 376
6,432   1,420 5,012
24,971   18,228 6,743
21,163   21,505 -342
9,608   2,043 7,565
228   193 35
3   2 1
23,447   32,433 -8,986
22,031   18,511 3,520
19,802   37,084 -17,282
14,629   19,826 -5,197
23,846   5,958 17,888
4,828   1,164 3,664
1,915   1,274 641
1,541   1,335 206
4,683   2,671 2,012
4,704   4,742 -38
      120
      120
      120
      120
      120
      120
      120
      120
      120
      120
      120
      120
      120
      120
      120
      120
      120
      120
      120
      120
      120
      120
      120
      120
      120
      120
      120
      120
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       -4
b       -1
c       -14
d       88
e       1
      7,710
       
      21,697
      7,942
      3
      -3,165
      376
      5,012
      6,743
      -342
      7,565
      35
      1
      -8,986
      3,520
      -17,282
      -5,197
      17,888
      3,664
      641
      206
      2,012
      -38
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 50,196
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  
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 1,566
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 1,566
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 1,566
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 1,922
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  
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,922
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 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 10 356
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet356 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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMO
    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 ofbulletUS BANK NA Telephone no.bullet (314) 418-2657

    Located atbulletPO BOX 387ST LOUISMO ZIP+4bullet63166
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    US BANK NA TRUSTEE
    1     		77,918    
    PO BOX 387
    ST LOUIS,MO63166
    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.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    7,199,865
    b
    Average of monthly cash balances.......................
    1b
    55,223
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    7,255,088
    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
    7,255,088
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    108,826
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    7,146,262
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    357,313
    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
    357,313
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    1,566
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,566
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    355,747
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    355,747
    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
    355,747
    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
    394,553
    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
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    394,553
    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
    394,553
    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 7 355,747
    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...... 16,871
    b From 2016...... 27,872
    c From 2017...... 26,227
    d From 2018...... 37,628
    e From 2019...... 24,192
    fTotal of lines 3a through e........ 132,790
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 394,553
    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..... 355,747
    e Remaining amount distributed out of corpus 38,806
    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 5 171,596
    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) ...     		16,871
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		154,725
    10 Analysis of line 9:
    a Excess from 2016.... 27,872
    b Excess from 2017.... 26,227
    c Excess from 2018.... 37,628
    d Excess from 2019.... 24,192
    e Excess from 2020.... 38,806
    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).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    AMERICAN HEART ASSN CA AFFILIATE
    1710 GILBRETH ROAD
    BURLINGAME,CA940101317     		NONE PC GENERAL OPERATING 38,331
    ROLLINS COLLEGE
    1000 HOLT AVENUE - 2715
    WINTER PARK,FL327892715     		NONE PC SCHOLARSHIPS 148,144
    STANFORD UNIVERSITY
    CONTROLLERS OFFICE-FUND ACCTG
    REDWOOD CITY,CA94063     		NONE PC SCHOLARSHIPS 114,993
    WE RAISE FOUNDATION
    ONE PIERCE PLACE SUITE 250E
    ITASCA,IL60143     		NONE PC GENERAL OPERATING 43,856
    Total .................................bullet 3a 345,324
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 128,349  
    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 50,196  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aFEDERAL TAX REFUND     		    1 8,660  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   187,205  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    187,205
    (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:
    CHARLES A GUNDELACH MEMORIAL FUND
    EIN:
    43-6395177
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 10,270     10,270

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    CHARLES A GUNDELACH MEMORIAL FUND
    EIN:
    43-6395177
    Name of Stock End of Year Book Value End of Year Fair Market Value
    15135B101 CENTENE CORP COM 25,162 65,054
    907818108 UNION PACIFIC CORP 35,074 57,622
    110122108 BRISTOL MYERS SQUIBB 10,367 25,191
    478160104 JOHNSON JOHNSON 39,572 90,278
    053015103 AUTOMATIC DATA PROCE 15,043 35,553
    03027X100 AMERICAN TOWER CORP 28,574 84,014
    592688105 METTLER-TOLEDO INTL 14,072 62,340
    23636T100 DANONE SPONS A D R    
    679580100 OLD DOMINION FGHT LI 21,447 88,830
    526107107 LENNOX INTERNATIONAL 14,253 39,991
    57060D108 MARKETAXESS HLDGS IN 12,082 48,677
    02079K107 ALPHABET INC CL C 10,220 102,759
    37045V100 GENERAL MOTORS CO 20,969 43,431
    163086101 CHEFS WAREHOUSE HOLD 10,004 18,048
    20030N101 COMCAST CORP CL A 25,400 50,178
    12514G108 CDW CORP DE 28,976 46,981
    74340W103 PROLOGIS INC 25,939 54,745
    500467501 KONINKLIJKE AHOLD DE 21,646 30,403
    580135101 MCDONALDS CORP 13,957 27,719
    931142103 WAL MART STORES INC 44,023 91,663
    216648402 COOPER COS INC 14,126 39,627
    34407D109 FLY LEASING LTD A D 31,715 45,535
    13057Q206 CALIFORNIA RES CORP    
    75524B104 RBC BEARINGS INC 19,585 37,491
    571748102 MARSH MCLENNAN COS I 19,162 47,268
    742718109 PROCTER GAMBLE CO 11,004 45,202
    053611109 AVERY DENNISON CORP 11,256 37,002
    172908105 CINTAS CORP 12,528 57,300
    594918104 MICROSOFT CORP 5,624 258,980
    653656108 NICE SYS LTD SPONSOR 24,071 98,984
    654624105 NIPPON TELEGRAPH TEL 33,370 35,727
    09247X101 BLACKROCK INC 15,114 43,749
    458140100 INTEL CORP 30,420 80,785
    872540109 TJX COMPANIES INC 29,919 54,475
    437076102 HOME DEPOT INC 48,653 125,643
    125896100 C M S ENERGY CORP 14,036 20,737
    641069406 NESTLE SA SPONSORED 17,424 51,393
    74460D109 PUBLIC STORAGE INC 19,960 24,055
    426281101 JACK HENRY ASSOCIATE 14,010 27,470
    91913Y100 VALERO ENERGY CORP 32,079 41,695
    949746101 WELLS FARGO CO 14,085 13,587
    03662Q105 A N S Y S INC 7,966 44,424
    741511109 PRICE SMART INC 15,559 18,202
    744320102 PRUDENTIAL FINANCIAL 20,798 33,405
    45841N107 INTERACTIVE BROKERS 22,331 40,884
    00287Y109 ABBVIE INC 8,120 46,858
    88579Y101 3M CO 20,984 20,260
    761152107 RESMED INC 13,938 59,658
    29084Q100 EMCOR GROUP INC 40,609 68,001
    422806208 H E I C O CORPORATIO 6,200 36,633
    83175M205 SMITH NEPHEW P L C 16,052 18,462
    58933Y105 MERCK AND CO INC 25,987 50,862
    585464100 MELCO CROWN ENTERTAI    
    G3922B107 GENPACT LIMITED 14,253 24,668
    48268K101 KT CORP SP A D R 48,090 53,596
    681116109 OLLIES BARGAIN OUTLE 4,370 17,920
    617700109 MORNINGSTAR INC 16,972 55,793
    00206R102 ATT INC 22,072 18,218
    037833100 APPLE INC 21,399 253,102
    882508104 TEXAS INSTRUMENTS IN 16,509 60,959
    693475105 P N C FINANCIAL SERV 23,515 45,592
    031162100 AMGEN INC 23,283 39,000
    00687A107 ADIDAS AG A D R 15,746 44,080
    17275R102 CISCO SYSTEMS INC 48,599 87,609
    539830109 LOCKHEED MARTIN CORP 55,556 70,751
    92932M101 WNS HOLDINGS LTD ADR 13,963 40,574
    060505104 BANK OF AMERICA CORP 39,136 72,235
    174610105 CITIZENS FINANCIAL G 16,909 22,935
    438516106 HONEYWELL INTERNATIO 31,532 69,534
    62942M201 NTT DOCOMO INC A D R    
    60687Y109 MIZUHO FNL GRP A D R 23,990 23,256
    713448108 PEPSICO INC 25,630 38,376
    171340102 CHURCH AND DWIGHT CO 13,636 25,566
    754730109 RAYMOND JAMES FINL I 11,999 36,632
    828806109 SIMON PROPERTY GROUP 23,655 21,790
    521865204 LEAR CORP 25,445 45,748
    46625H100 J P MORGAN CHASE CO 62,653 169,694
    166764100 CHEVRON CORPORATION 47,659 49,018
    05278C107 AUTOHOME INC 13,789 35,946
    025537101 AMERICAN ELECTRIC PO 14,026 18,948
    369550108 GENERAL DYNAMICS COR 9,568 38,593
    494368103 KIMBERLY CLARK CORP 14,005 14,314
    717081103 PFIZER INC 24,273 33,521
    466313103 JABIL CIRCUIT INC 23,503 66,606
    303075105 FACTSET RESEARCH SYS 12,314 27,856
    22822V101 CROWN CASTLE INTL CO 14,051 31,801
    12572Q105 CME GROUP INC 19,290 44,875
    65339F101 NEXTERA ENERGY INC 13,890 35,468
    718172109 PHILIP MORRIS INTL 11,846 31,319
    00773T101 ADVANSIX INC 165 358
    771195104 ROCHE HOLDINGS LTD S 43,276 67,102
    045327103 ASPEN TECHNOLOGY INC 11,390 48,552
    217204106 COPART INC COM 14,558 105,200
    30231G102 EXXON MOBIL CORP 59,668 50,149
    91324P102 UNITED HEALTH GROUP 25,322 84,893
    30040W108 EVERSOURCE ENERGY 13,995 20,140
    000360206 AAON INC 14,638 41,122
    928563402 VMWARE INC CL A 15,416 26,875
    456463108 INDUSTRIAS BACHOCO S 34,677 33,582
    629445206 NVE CORP 20,155 30,286
    H1467J104 CHUBB LTD 18,393 55,629
    609839105 MONOLITHIC POWER SYS 16,595 61,246
    007924103 AEGON N V NY REG SHR 19,069 12,621
    G50871105 JAZZ PHARMACEUTICALS 18,485 18,297
    253868103 DIGITAL REALTY TRUST 18,529 25,879
    03820C105 APPLIED INDL TECHNOL 26,123 31,780
    670100205 NOVO NORDISK AS A D 40,517 72,294
    256163106 DOCUSIGN INC 35,073 181,721
    00846U101 AGILENT TECHNOLOGIES 18,437 43,161
    122017106 BURLINGTON STORES IN 17,942 38,961
    767204100 RIO TINTO PLC A D R 18,737 28,271
    23304Y100 DBS GROUP HLDGS LTD 18,293 20,591
    55616P104 MACYS INC    
    11135F101 BROADCOM INC 18,491 33,856
    226718104 CRITEO SA SPON A D R 37,280 71,916
    70432V102 PAYCOM SOFTWARE INC 22,568 75,238
    513272104 LAMB WESTON HOLDING    
    693656100 PVH CORP 18,349 12,911
    87612E106 TARGET CORP 30,101 95,971
    05277E104 AUTO TRADER GROUP UN 26,693 39,860
    60786M105 MOELIS CO 18,309 17,181
    071813109 BAXTER INTERNATIONAL 52,312 54,499
    76657Y101 RIGHTMOVE PLC UNSP A 37,487 46,918
    20825C104 CONOCOPHILLIPS 63,694 62,057
    447011107 HUNTSMAN CORP 45,416 48,479
    04623U102 ASTELLAS PHARMA INC 18,662 20,190
    73278L105 POOL CORPORATION 18,412 55,039
    35138V102 FOX FACTORY HOLDING 28,938 97,288
    231021106 CUMMINS INC 29,930 53,394
    22160K105 COSTCO WHSL CORP 37,218 62,516
    06738E204 BARCLAYS PLC A D R 18,548 23,884
    023608102 AMEREN CORP 18,689 19,450
    22052L104 CORTEVA INC 5,018 8,781
    78467J100 SS&C TECHNOLOGIES HO 18,300 22,843
    20441A102 CIA SANEAMENTO BASIC 40,702 25,227
    40416M105 HD SUPPLY HOLDINGS I    
    482480100 KLA TENCOR CORPORATI 18,948 53,495
    147528103 CASEYS GEN STORES IN 29,340 36,982
    N72482123 QIAGEN N V 47,623 56,750
    34959E109 FORTINET INC 22,615 71,457
    15189T107 CENTERPOINT ENERGY I    
    86562M209 SUMITOMO MITSUI FINL 72,352 71,153
    12626K203 CRH PLC ADR 18,718 29,436
    29274F104 ENERSIS SA SPONSORED 18,810 15,776
    92220P105 VARIAN MED SYS INC C    
    705015105 PEARSON P L C A D R 27,585 30,825
    036752103 ANTHEM INC 25,481 33,980
    09239B109 BLACKLINE INC 20,247 42,394
    74758T303 QUALYS INC 18,440 21,346
    244199105 DEERE CO. 18,655 39,504
    759509102 RELIANCE STEEL ALUMI 30,842 51,910
    404280406 HSBC HOLDINGS PLC SP    
    874054109 TAKE-TWO INTERACTIVE 18,559 29,031
    989207105 ZEBRA TECHNOLOGIES C 53,005 141,903
    983919101 XILINX INC 32,753 42,524
    29977A105 EVERCORE PARTNERS IN 28,176 45,469
    33829M101 FIVE BELOW 18,042 28,991
    26614N102 DUPONT DE NEMOURS IN 13,831 15,327
    088606108 B H P BILLITON LIMIT 30,565 38,818
    05338G106 AVALARA INC 18,489 42,877
    36467J108 GAMING LEISURE PROP    
    459200101 INTERNATIONAL BUSINE 22,476 23,748
    579780206 MCCORMICK CO NON VTG 18,512 21,373
    92939U106 WEC ENERGY GROUP INC 18,680 19,480
    606822104 MITSUBISHI UFJ FINL 25,493 29,273
    98419M100 XYLEM INC 19,681 28,790
    366505105 GARRETT MOTION INC 346 247
    92937A102 WPP PLC SPONSORED A 28,211 30,912
    260557103 DOW INC 9,063 12,529
    743315103 PROGRESSIVE CORP 37,425 46,060
    871607107 SYNOPSYS INC 18,373 40,265
    01973R101 ALLISON TRANSMISSION 34,147 29,567
    448579102 HYATT HOTELS CORP - 18,423 19,410
    29786A106 ETSY INC 18,125 60,105
    G25839104 COCA COLA EUROREAN P 75,789 78,836
    G0751N103 ATLANTICA YIELD PLC 18,617 29,627
    668771108 NORTONLIFELOCK INC 29,245 37,945
    G8994E103 TRANE TECHNOLOGIES P 14,451 37,749
    45687V106 INGERSOLL RAND INC 4,201 8,786

    TY 2020 OtherDecreasesSchedule
    Name:
    CHARLES A GUNDELACH MEMORIAL FUND
    EIN:
    43-6395177
    Description Amount
    PY ROC ADJ 2,621
    COST BASIS ADJUSTMENT 270


    TY 2020 OtherExpensesSchedule
    Name:
    CHARLES A GUNDELACH MEMORIAL FUND
    EIN:
    43-6395177
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADR FEES 1,190 1,190   0


    TY 2020 OtherIncomeSchedule2
    Name:
    CHARLES A GUNDELACH MEMORIAL FUND
    EIN:
    43-6395177
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    FEDERAL TAX REFUND 8,660 0  


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    CHARLES A GUNDELACH MEMORIAL FUND
    EIN:
    43-6395177
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 21,220 21,220    


    TY 2020 TaxesSchedule
    Name:
    CHARLES A GUNDELACH MEMORIAL FUND
    EIN:
    43-6395177
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 2,957 2,957   0
    FEDERAL ESTIMATES - PRINCIPAL 960 0   0