TY 2020 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0052

2020

Open to Public Inspection

For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020

Name of foundation
JAMES M EWELL CHARITABLE FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)DELAWARE CORPORATE CENTER II
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
WILMINGTON, DE198031533

A Employer identification number

30-6084978

B Telephone number (see instructions)

(302) 573-5973

C If exemption application is pending, check here bullet

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

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

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

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

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

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

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

$1,371,563J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments	10,173		10,173
4	Dividends and interest from securities...	17,486		17,486
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		81,754
b	Gross sales price for all assets on line 6a 453,000
7	Capital gain net income (from Part IV, line 2)...			81,754
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).......		2,537	37
12	Total. Add lines 1 through 11........	111,950		109,450
13	Compensation of officers, directors, trustees, etc.	36,839		33,446	3,393
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		1,000	500	500
c	Other professional fees (attach schedule)....		11,126	11,126	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		1,204	566	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......	1,600		0	1,600
22	Printing and publications..........
23	Other expenses (attach schedule).......		101,984	101,984	0
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	153,753		147,622	5,493
25	Contributions, gifts, grants paid.......	67,400			67,400
26	Total expenses and disbursements. Add lines 24 and 25	221,153		147,622	72,893
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-109,203
b	Net investment income (if negative, enter -0-)			0
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2020)

Form 990-PF (2020)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	22,412	9,562	9,562
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......	645,215	381,407	577,417
	c	Investments—corporate bonds (attach schedule).......	389,608	252,059	268,435
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	0	390,338	516,149
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	1,057,235	1,033,366	1,371,563
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	1,057,235	1,033,366
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	0	0
	29	Total net assets or fund balances (see instructions).....	1,057,235	1,033,366
	30	Total liabilities and net assets/fund balances (see instructions).	1,057,235	1,033,366

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............

1,057,235

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

-109,203

Other increases not included in line 2 (itemize) bullet

272,291

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

1,220,323

Decreases not included in line 2 (itemize) bullet

186,957

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

1,033,366

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
1 a	PUBLICLY TRADED SECURITIES
b	CAPITAL GAINS DIVIDENDS	P
c
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	452,968	371,246	81,722
b	32		32
c
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			81,722
b			32
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	81,754
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Part V

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

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

1 Reserved

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

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

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

Form 990-PF (2020)

Page 4

Part VI

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Reserved................................	1	0
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	0
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	0
6	Credits/Payments:

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

7	Total credits and payments. Add lines 6a through 6d..............		7	0
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.......		9	0
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2021 estimated tax	Refunded	11

Part VII-A

Statements Regarding Activities

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

Yes

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

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

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

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

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

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ 0(2) On foundation managers. bullet

$ 0

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

on foundation managers. bullet

$ 0

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

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

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

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

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

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

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

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XV..................................

Yes

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

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.

If "Yes," complete Part XIV .............................

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

and addresses. ...............................

Form 990-PF (2020)

Page 5

Part VII-A

Statements Regarding Activities (continued)

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement. See instructions.................

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

Yes

Website address bullet

N/A

The books are in care of bullet

FIRST STATE TRUST COMPANY Telephone no. bullet

(302) 573-5818

Located at bullet

1 RIGHTER PARKWAY DELAWARE CORPCENTER SUITE 120WILMINGTONDE ZIP+4 bullet

19803

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here ......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ........ bullet

16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country? .................

16 No

See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country bullet

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? YesNo

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

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

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

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

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)?...............YesNo

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.).......YesNo

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........

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

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2020?.............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2020, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2020?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

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

20, 20, 20, 20

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

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

If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2020.)..................

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

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?

Form 990-PF (2020)

Page 6

Part VII-B

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

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

Yes

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

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

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

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

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

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

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

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

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......

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

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant?..........YesNo

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

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

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

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

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

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

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

Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or

excess parachute payment during the year? .................YesNo

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation. See instructions

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)
FIRST STATE TRUST COMPANY	CORP TRUSTEE (AS OF 7/20) 2.00	0
1 RIGHTER PKWY DELAWARE CORP CENTER I SUITE 120 WILMINGTON,DE19803	CORP TRUSTEE (AS OF 7/20) 2.00	0
BERNARD EWELL	DISBURSING TRUSTEE 1.00	6,740
99 AB SIBLEY ROAD SANTA FE,NM87508	DISBURSING TRUSTEE 1.00	6,740
JONATHAN EWELL	DISBURSING TRUSTEE 1.00	6,740
15850 SIESTA GROVE COLORADO SPRINGS,CO80908	DISBURSING TRUSTEE 1.00	6,740
SUSAN E JANTZER	DISBURSING TRUSTEE 1.00	6,740
1471 JELLISON STREET LAKEWOOD,CO80232	DISBURSING TRUSTEE 1.00	6,740
DEBORAH EWELL CURRIN	DISBURSING TRUSTEE 1.00	12,707
32 LENNOX ROAD STUDSON,OH44236	DISBURSING TRUSTEE 1.00	12,707
COMERICA BANK	CORP TRUSTEE (THRU 7/20) 1.00	3,912
PO BOX 75000 M/C 3300 DETROIT,MI48275	CORP TRUSTEE (THRU 7/20) 1.00	3,912

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...................				0

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............. bullet

Part IX-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


2


3


4

Part IX-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

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

Form 990-PF (2020)

Page 8

Part X

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

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

purposes:

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

1,150,152

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

26,334

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

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

1,176,486

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

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

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

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

1,176,486

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

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

17,647

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

1,158,839

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

57,942

Part XI

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow

and do not complete this part.)

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

57,942

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

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

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

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

57,942

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

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

57,942

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

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

57,942

Part XII

Qualifying Distributions (see instructions)

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

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

72,893

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

72,893

Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment

income. Enter 1% of Part I, line 27b. See instructions.................

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

72,893

Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.

Form 990-PF (2020)

Page 9

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2019	(c) 2019	(d) 2020
1 Distributable amount for 2020 from Part XI, line 7					57,942
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......	11,692
b From 2016......	13,779
c From 2017......	18,236
d From 2018......	19,870
e From 2019......	12,507
fTotal of lines 3a through e........		76,084
4Qualifying distributions for 2020 from Part
XII, line 4: $ 72,893
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.....					57,942
e Remaining amount distributed out of corpus		14,951
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		91,035
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) ...		11,692
9Excess distributions carryover to 2021. Subtract lines 7 and 8 from line 6a ......		79,343
10 Analysis of line 9:
a Excess from 2016....	13,779
b Excess from 2017....	18,236
c Excess from 2018....	19,870
d Excess from 2019....	12,507
e Excess from 2020....	14,951

Form 990-PF (2020)

Page 10

Part XIV

Private Operating Foundations (see instructions and Part VII-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2020	(b) 2019	(c) 2018	(d) 2017	(e) Total

b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed...
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XV

Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

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

aThe name, address, and telephone number or 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)

Page 11

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
JEFFCO ACTION CENTER 85755 W 14TH AVE LAKEWOOD,CO80215	NONE	PC	GENERAL SUPPORT	7,000
OUTDOOR LAB FOUNDATION 3000 YOUNGFIED ST 167 WHEATRIDGE,CO80215	NONE	PC	GENERAL SUPPORT	1,850
GREEN MOUNTAIN HIGH SCHOOL FOUNDATION 2535 S LEWIS WAY LAKEWOOD,CO80227	NONE	PC	GENERAL SUPPORT	3,000
SENSE OF SECURITY 1355 S COLORADO BLVD ST C-302 DENVER,CO80222	NONE	PC	GENERAL SUPPORT	5,000
HUDSON COMMUNITY FOUNDATION 49 E MAIN STREET HUDSON,OH44236	NONE	PC	WILLIAM A AND DEBORAH E CURRIN PHILANTHROPIC FUND	16,850
CORNERSTONES COMMUNITY PARTNERSHIPS 227 OTERO STREET SANTA FE,NM87501	NONE	PC	GENERAL SUPPORT	2,000
CONSERVATION VOTERS NEW MEXICO 121 SANDOVAL ST STE 200 SANTA FE,NM87501	NONE	PC	GENERAL SUPPORT	3,000
SANTA FE SYMPHONY ORCHESTRA & CHORUS 301 GRIFFIN STREET SANTA FE,NM87501	NONE	PC	GENERAL SUPPORT	3,000
INTERNATIONAL FOLK ART ALLIANCE 620 CERRILLOS ROAD SANTA FE,NM87505	NONE	PC	GENERAL SUPPORT	2,000
ADOPT-A-NATIVE ELDER 328 W GREGSON AVE SALT LAKE CITY,UT84115	NONE	PC	GENERAL SUPPORT	3,000
SANTA FE OPERA 301 OPERA DR SANTA FE,NM87506	NONE	PC	GENERAL SUPPORT	2,850
CLARK HULINGS FUND 1012 PLACITA DON ANDRES SANTA FE,NM87501	NONE	PC	GENERAL SUPPORT	1,000
NAVAJO MINISTRIES 2103 W MAIN STREET FARMINGTON,NM87401	NONE	PC	GENERAL SUPPORT	8,425
HEIFER INTERNATIONAL 1 WORLD AVENUE LITTLE ROCK,AR72202	NONE	PC	GENERAL SUPPORT	4,213
NEW LIFE MINISTRIES 2701 AMERICAN ROAD SE RIO RANCH,NM87124	NONE	PC	GENERAL SUPPORT	4,212
Total ................................. 3a				67,400

bApproved for future payment

Total ................................. 3b				0

Form 990-PF (2020)

Page 12

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ...........			14	10,173
4 Dividends and interest from securities....			14	17,486
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.....			14	37
8 Gain or (loss) from sales of assets other than inventory ............			18	81,754
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aREDEPOSITED GRANT			01		2,500
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..		0		109,450	2,500

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

111,950

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

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)
11A	STOP PAYMENT FOR A LOST 2019 GRANT CHECK

Form 990-PF (2020)

Page 13

Part XVII

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

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Yes

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........Yes No

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

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

Form 990-PF (2020)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2020 AccountingFeesSchedule

Name:

JAMES M EWELL CHARITABLE FOUNDATION

EIN:

30-6084978

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
TAX PREPARATION FEES	1,000	500		500

- TIN:

TY 2020 InvestmentsCorpBondsSchedule

Name:

JAMES M EWELL CHARITABLE FOUNDATION

EIN:

30-6084978

Name of Bond	End of Year Book Value	End of Year Fair Market Value
PUBLIC SVC CO NEW HAMPSHIRE	9,910	10,058
ANADARDO FIN CO	13,298	10,249
THOMASVILLE ALA	14,987	15,416
ILLINOIS ST	5,000	4,935
CONNECTICUT ST	19,083	21,541
CHICAGO ILL	15,458	16,524
ALLENTOWN PA	15,012	17,069
OREGON ED DISTS FULL FAITH	15,013	17,415
NEW YORK ST DORM AUTH ST PE	15,013	17,350
MONTEBELLO CALIF PENSION OB	10,847	11,047
PINAL CNTY ARIZ REV OBLIGS	15,011	16,054
HAMILTON OHIO CMNTY AUTH LE	15,013	16,133
ROSEMONT ILL	10,000	10,002
MIAMI-DADE CNTY FLA AVIATIO	10,239	10,776
LOUISIANA LOC GOVT ENVIRONM	10,804	10,935
SACRAMENTO CALIF PENSION OBL	16,175	17,218
RIDGECREST CALIF CTFS PARTN	10,517	12,025
MONTGOMERY CNTY MD LTD OBLIG	19,921	22,874
ONTARIO CALIF PENSION OBLIG	10,758	10,814

- TIN:

TY 2020 InvestmentsCorpStockSchedule

Name:

JAMES M EWELL CHARITABLE FOUNDATION

EIN:

30-6084978

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ADOBE SYSTEMS INC	3,344	5,501
AIR PRODS & CHEMS INC	5,983	6,830
ALPHABET INC	2,225	12,268
ALTRIA GROUP INC	5,230	5,166
AMPHENOL CORP NEW	1,157	7,061
APPLE COMPUTER INC	7,967	26,803
BECTON DICKINSON & CO	6,270	6,506
BERKSHIRE HATHAWAY INC	9,515	10,898
BLACKROCK INC	6,574	10,101
BOOKING HLDGS INC	2,820	11,136
BROADRIDGE FINL SOLUTIONS INC	3,204	6,434
CHEVRON CORPORATION	5,112	4,982
CINCINNATI FINL CORP	4,946	4,106
CISCO SYS INC	2,572	6,310
CITRIX SYS INC	4,975	4,553
COCA COLA CO	3,292	3,455
COMCAST CORP	6,174	6,393
CROWN CASTLE INTL CORP	6,105	7,164
DISNEY WALT CO	7,095	11,777
DOLLAR TREE INC	1,121	4,322
DOMINION RES INC	6,074	6,016
FACEBOOK INC	7,305	11,746
FASTENAL CO	3,226	5,518
FISERVE INC	7,595	8,198
FORTUNE BRANDS HOME & SECURITY INC	1,578	3,086
FRANKLIN RESOURCES INC	3,160	2,549
HOME DEPOT INC	5,161	7,437
IAA INC	2,604	4,678
INTEL CORP	5,485	5,829
JOHNSON & JOHNSON	8,006	9,443
KAR AUCTION SERVICES INC	7,077	5,639
LOWES COS INC	5,619	8,989
MARKEL CORP	3,133	3,100
MASTERCARD INC	429	7,496
MATCH GROUP INC	3,934	5,594
MERCK & CO INC	4,621	6,462
MICROSOFT CORP	5,640	9,119
NORFOLK SOUTHERN CORP	6,585	8,554
PAYCHEX INC	5,106	5,777
PERKINELMER INC	3,563	5,597
PFIZER INC	5,587	5,890
PHILIP MORRIS INTERNATIONAL	4,099	4,388
RAYTHEON TECHNOLOGIES CORP	3,075	4,720
S&P GLOBAL INC	2,475	4,273
SHERWIN WILLIAMS CO	1,547	4,409
TAKE-TWO INTERACTIVE SOFTWARE INC	6,111	7,896
TARGET CORP	3,406	7,414
TEXAS INSTRUMENTS INC	7,781	10,340
THERMO FISHER SCIENTIFIC INC	944	7,452
TJX COS	2,792	7,444
ULTA SALON COSMENTICS & FRAG INC	6,014	6,030
UNITED PARCEL SERVICE	5,435	8,252
VERIZON COMMUNICATION	5,737	6,051
VISA INC	779	7,437
YUM CHINA HLDGS	2,421	3,425
ZEBRA TECHNOLOGIES CORP	3,462	6,918
ZOETIS INC	2,658	5,131
ADIDAS AG ADR	2,181	3,463
AIA GROUP	1,560	3,970
AKZO NOBEL	2,711	4,443
AMADEUS IT HOLDINGS	2,138	3,279
BAYER A GADRMODEL	3,656	2,917
BNP PARIBAS ADR	5,194	4,536
BP AMOCO	4,383	2,955
BRAMBLES LTD	2,603	2,863
BRITISH AMEM TOB	1,789	1,912
DAIKIN INDUSTRIES	1,615	5,039
DANONE-SPONS ADR	2,689	2,828
DIAGEO	10,075	10,005
ENI S P A SPON	2,326	1,916
GEA GROUP	3,138	2,759
HDFC BK LTD	1,332	4,552
HITACHI LTD	3,126	3,544
INTESA SANPAOLO	3,054	2,991
KBC GROEP	2,153	2,418
KDDI CORP	1,791	3,222
KONINKLIJKE PHILIPS ELECTRS	3,747	3,846
KUBOTA LTD	3,665	5,451
L AIR LIQUIDE	1,062	1,544
LVMH MOET HENNESSY	2,547	4,376
MELLANOX TECHNOLOGIES	963	2,373
MITSUBISHI UFJ	2,620	2,499
NESTLE SA	6,298	10,144
NETEASE COM	2,099	2,298
NINTENDO LTD	6,857	7,970
NOVO-NORDISK	3,665	5,239
PROSUS	1,749	1,946
RECKITT BENCKISER GROUP	1,418	2,164
ROCHE HLDG	3,405	6,074
RYANAIR HLDG	811	1,210
SCHEIDER ELECT SA	2,633	5,877
SEVEN & I HOLDINGS	952	1,205
SILICON MOTI	790	819
SOFTBANK CORP	1,917	4,839
STERIS PLC	5,045	6,823
SYMRISE AG	944	3,979
TAIWAN SEMICONDUCTOR	836	6,542
TC ENERGY	2,100	2,077
TECHTRONIC INDUSTRIES	1,522	5,206
TENCENT HLDGS	2,032	2,764
TOKIO MARINE HOLDINGS	814	1,491
UBS GROUP	4,674	4,423
ZURICH INSURANCE	2,823	4,563

- TIN:

TY 2020 InvestmentsOtherSchedule2

Name:

JAMES M EWELL CHARITABLE FOUNDATION

EIN:

30-6084978

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
DOUBLELINE TOTAL RETURN BOND	AT COST	66,891	66,292
FIDELITY HEREFORD STR TR	AT COST	11,610	11,610
JP MORGAN STRATEGIC INCOME	AT COST	88,166	85,462
RIVERPARK FDS TR	AT COST	70,454	72,767
BARON SELECT FUNDS	AT COST	50,913	78,999
CLP HOLDINGS LTD	AT COST	2,874	2,580
VANGUARD INDEZ FDS ETF	AT COST	99,430	198,439

- TIN:

TY 2020 OtherDecreasesSchedule

Name:

JAMES M EWELL CHARITABLE FOUNDATION

EIN:

30-6084978

Description	Amount
END OF YEAR BOOK/TAX DIFFERENCE	186,957

- TIN:

TY 2020 OtherExpensesSchedule

Name:

JAMES M EWELL CHARITABLE FOUNDATION

EIN:

30-6084978

Description	Revenue and Expenses per Books	Net Investment Income
BRINKER CAPITAL - DATA AGGREGATION	100,890	100,890
MARKET FEE	950	950
FEDEX	144	144

- TIN:

TY 2020 OtherIncomeSchedule2

Name:

JAMES M EWELL CHARITABLE FOUNDATION

EIN:

30-6084978

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
OTHER INCOME	34	34	34
OTHER INCOME	3	3	3
REDEPOSITED GRANT	2,500		2,500

- TIN:

TY 2020 OtherIncreasesSchedule

Name:

JAMES M EWELL CHARITABLE FOUNDATION

EIN:

30-6084978

Description	Amount
BASIS ADJUSTMENT OF SHARES RECEIVED FROM COMERICA	272,291

- TIN:

TY 2020 OtherProfessionalFeesSchedule

Name:

JAMES M EWELL CHARITABLE FOUNDATION

EIN:

30-6084978

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT FEES	11,126	11,126		0

- TIN:

TY 2020 TaxesSchedule

Name:

JAMES M EWELL CHARITABLE FOUNDATION

EIN:

30-6084978

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAX	566	566		0
PRIOR YEAR EXCISE TAX	638	0		0