Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
WILLIAM AND MARY ROSS FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)4729 E SUNRISE DR PMB 501
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
TUCSON, AZ857184535
A Employer identification number

86-0891827
B Telephone number (see instructions)

(520) 529-4850
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$15,027,101J 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 26,565 26,565  
4 Dividends and interest from securities... 230,494 230,494  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -798,841
b Gross sales price for all assets on line 6a 8,987,131
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ -541,782 257,059  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 127,000 38,100   88,900
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 3,500 1,750   1,750
c Other professional fees (attach schedule).... Click to see attachment 314,175 313,691   484
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 18,876 12,076   6,800
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 3,492 0   3,492
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 467,043 365,617   101,426
25 Contributions, gifts, grants paid....... 756,995 756,995
26 Total expenses and disbursements. Add lines 24 and 25 1,224,038 365,617   858,421
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,765,820
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 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......... 1,036,283 699,021 699,021
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 13,070,576 Click to see attachment11,615,015 14,328,080
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)..........      
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) 14,106,859 12,314,036 15,027,101
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 14,106,859 12,314,036
29 Total net assets or fund balances (see instructions)..... 14,106,859 12,314,036
30 Total liabilities and net assets/fund balances (see instructions). 14,106,859 12,314,036
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
14,106,859
2
Enter amount from Part I, line 27a .....................
2
-1,765,820
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
9,718
4
Add lines 1, 2, and 3 ..........................
4
12,350,757
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
36,721
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
12,314,036
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 RBC 08668 - PUBLICLY TRADED SECURITIES P    
b RBC 08668 - PUBLICLY TRADED SECURITIES P    
c RBC 08677 - PUBLICLY TRADED SECURITIES P    
d RBC 08677 - PUBLICLY TRADED SECURITIES P    
e RBC 10706 - PUBLICLY TRADED SECURITIES P    
RBC 10706 - PUBLICLY TRADED SECURITIES P    
RBC 10708 - PUBLICLY TRADED SECURITIES P    
RBC 10708 - PUBLICLY TRADED SECURITIES P    
RBC 10710 - PUBLICLY TRADED SECURITIES P    
RBC 10710 - PUBLICLY TRADED SECURITIES P    
RBC 10711 - PUBLICLY TRADED SECURITIES P    
RBC 10711 - PUBLICLY TRADED SECURITIES P    
RBC 10715 - PUBLICLY TRADED SECURITIES P    
RBC 10715 - PUBLICLY TRADED SECURITIES P    
RBC 10717 - PUBLICLY TRADED SECURITIES P    
RBC 10717 - PUBLICLY TRADED SECURITIES P    
RBC 10718 - PUBLICLY TRADED SECURITIES P    
RBC 10718 - PUBLICLY TRADED SECURITIES P    
RBC 10719 - PUBLICLY TRADED SECURITIES P    
RBC 10719 - PUBLICLY TRADED SECURITIES P    
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 609,608   560,496 49,112
b 832   2,135 -1,303
c 1,173,305   1,197,398 -24,093
d 364,063   339,263 24,800
e 543,660   537,529 6,131
975,528   691,629 283,899
24,691   33,603 -8,912
535,455   608,678 -73,223
58,979   73,285 -14,306
537,624   464,714 72,910
96,448   128,296 -31,848
410,727   459,193 -48,466
208,902   285,397 -76,495
462,695   519,782 -57,087
915,523   990,350 -74,827
651,369   1,015,220 -363,851
240,615   239,493 1,122
862,518   1,250,564 -388,046
12,598   18,886 -6,288
300,425   370,061 -69,636
1,566     1,566
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       49,112
b       -1,303
c       -24,093
d       24,800
e       6,131
      283,899
      -8,912
      -73,223
      -14,306
      72,910
      -31,848
      -48,466
      -76,495
      -57,087
      -74,827
      -363,851
      1,122
      -388,046
      -6,288
      -69,636
      1,566
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 -798,841
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 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 17,200
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 17,200
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 17,200
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet17,200 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletAZ
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .Click to see attachment
    8b
     
    No
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletNONE
    14
    The books are in care ofbulletJANE GARIGAN Telephone no.bullet (520) 529-4850

    Located atbullet4729 E SUNRISE DR PMB 501TUCSONAZ ZIP+4bullet85718
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    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
    JANE GARIGAN PRESIDENT/VP/TREAS/SEC
    40.00     		127,000 0 0
    4729 E SUNRISE DRIVE PMB 501
    TUCSON,AZ85718
    JIM CLICK JR BOARD MEMBER
    5.00     		0 0 0
    4729 E SUNRISE DRIVE PMB 501
    TUCSON,AZ85718
    KAITLIN GRETKIEREWICZ BOARD MEMBER
    5.00     		0 0 0
    4729 E SUNRISE DRIVE PMB 501
    TUCSON,AZ85718
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    RBC WEALTH MANAGEMENT ADVISORS INVESTMENT SERVICES 313,483
    3430 E SUNRISE DR 250
    TUCSON,AZ85718
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    12,394,660
    b
    Average of monthly cash balances.......................
    1b
    955,177
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    13,349,837
    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
    13,349,837
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    200,248
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    13,149,589
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    657,479
    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
    657,479
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
     
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    0
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    657,479
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    657,479
    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
    657,479
    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
    858,421
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    858,421
    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
    858,421
    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 7 657,479
    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......  
    b From 2016......  
    c From 2017...... 243,418
    d From 2018...... 323,572
    e From 2019...... 184,043
    fTotal of lines 3a through e........ 751,033
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 858,421
    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..... 657,479
    e Remaining amount distributed out of corpus 200,942
    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 5 951,975
    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) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		951,975
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017.... 243,418
    c Excess from 2018.... 323,572
    d Excess from 2019.... 184,043
    e Excess from 2020.... 200,942
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    BOYS & GIRLS CLUB
    PO BOX 40217
    TUCSON,AZ85717     		  PC PROGRAM SUPPORT 25,000
    CALVARY CHAPEL CHRISTIAN SCHOOLS
    8725 E SPEEDWAY BLVD
    TUCSON,AZ85710     		  PC PROGRAM SUPPORT 131,995
    CATHOLIC COMMUNITY SERVICES OF SOUTHERN ARIZONA
    140 W SPEEDWAY SUITE 100
    TUCSON,AZ85705     		  PC PROGRAM SUPPORT 120,000
    CHILDREN'S MUSEUM ORO VALLEY
    11015 N ORACLE ROAD 101
    ORO VALLEY,AZ85737     		  PC PROGRAM SUPPORT 20,000
    COMMUNITY FOOD BANK OF SOUTHERN ARIZONA
    PO BOX 26727
    TUCSON,AZ85726     		  PC PROGRAM SUPPORT 30,000
    CRISTO REY NETWORK
    14 E JACKSON BLVD 1200
    CHICAGO,IL60604     		  PC PROGRAM SUPPORT 25,000
    FRIENDS OF THE ORINDA LIBRARY
    PO BOX 152
    ORINDA,CA94563     		  PC PROGRAM SUPPORT 10,000
    GOSPEL RESCUE MISSION
    4550 S PALO VERDE ROAD
    TUCSON,AZ85714     		  PC PROGRAM SUPPORT 20,000
    HOLTZ CHARITABLE FOUNDATION INC
    9209 CROMWELL PARK PLACE
    ORLANDO,FL32827     		  PC PROGRAM SUPPORT 50,000
    JEWISH FEDERATION OF SOUTHERN ARIZONA
    3718 E RIVER ROAD SUITE 100
    TUCSON,AZ85718     		  PC PROGRAM SUPPORT 1,500
    LA CASA DE CRISTO LUTHERAN CHURCH
    6300 E BELL ROAD
    SCOTTSDALE,AZ85254     		  PC PROGRAM SUPPORT 15,000
    PATRONATO SAN XAVIER
    PO BOX 522
    TUCSON,AZ85702     		  PC PROGRAM SUPPORT 25,000
    SALPOINTE CATHOLIC HIGH SCHOOL EDUCATION FOUNDATION
    1545 E COPPER STREET
    TUCSON,AZ85749     		  PC PROGRAM SUPPORT 67,000
    ST JOHN XXII CATHOLIC SCHOOL COMMUNITY
    16235 N 60TH STREET
    SCOTTSDALE,AZ85254     		  PC PROGRAM SUPPORT 85,000
    ST LUKE'S HOME
    615 E ADAMS STREET
    TUCSON,AZ85705     		  PC COVID-19 RELIEF 20,000
    ST THOMAS THE APOSTLE
    5150 N VALLEY VIEW ROAD
    TUCSON,AZ85718     		  PC PROGRAM SUPPORT 20,000
    THERAPEUTIC RANCH FOR ANIMALS AND KIDS
    3250 E ALLEN ROAD
    TUCSON,AZ85718     		  PC PROGRAM SUPPORT 5,000
    TOYS FOR TOTS
    3655 S WILMOT ROAD
    TUCSON,AZ85730     		  PC PROGRAM SUPPORT 15,000
    TUCSON VILLAGE FARMS
    4210 N CAMPBELL AVENUE
    TUCSON,AZ85719     		  PC PROGRAM SUPPORT 10,000
    UNIVERSITY OF ARIZONA ADAPTIVE ATHLETICS
    1224 E LOWELL STREET
    TUCSON,AZ85721     		  PC PROGRAM SUPPORT 1,500
    UNIVERSITY OF ARIZONA FOUNDATION
    1111 N CHERRY PO BOX 20109
    TUCSON,AZ85721     		  PC PROGRAM SUPPORT 60,000
    Total .................................bullet 3a 756,995
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 26,565  
    4 Dividends and interest from securities....     14 230,494  
    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 -798,841  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 -541,782 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    -541,782
    (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:
    WILLIAM AND MARY ROSS FOUNDATION
    EIN:
    86-0891827
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 3,500 1,750   1,750

    TY 2020 ExplnOfNonFilingWithAGStmt
    Name:
    WILLIAM AND MARY ROSS FOUNDATION
    EIN:
    86-0891827
    Statement:
    ARIZONA DOES NOT REQUIRE A COPY OF FORM 990-PF TO BE FILED.

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    WILLIAM AND MARY ROSS FOUNDATION
    EIN:
    86-0891827
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ISHARES CORE S&P SMALL CAP ETF 80,734 95,672
    ISHARES CORE S&P 500 ETF 30,010 34,536
    ISHARES TRUST, ISHARES MSCI USA QUALITY, FACTOR ETF 53,251 58,686
    SELECT SECTOR SPDR TRUST, THE TECHNOLOGY SELECT SECTOR, SPDR FUND 75,058 109,737
    SELECT SECTOR SPDR TRUST, THE COMMUNICATIONS SERVICES SELECT SECTOR, SPDR FU 58,359 59,247
    SPDR SER TR S&P RETAIL ETF 42,184 50,877
    SPDR SER TR S&P METALS & MINING ETF 34,365 47,953
    SPDR SERIES TRUST S&P TRANSN ETF 74,060 80,434
    VANGUARD INDEX FUNDS - VANGUARD VALUE ETF 109,487 127,406
    ISHARES MSCI EMERGING MKTS ASIA INDEX FUND 92,179 107,950
    ISHARES CORE MSCI EMERGING MARKETS ETF 49,301 58,318
    ISHARES TR CORE MSCI EAFE ETF 176,127 201,536
    ISHARES TRUST ISHARES MSCI EAFE VALUE ETF 84,792 92,984
    SPDR INDEX SHARES FUNDS SPDR S&P EMERGING ASIA PACIFIC ETF 27,688 33,610
    ADOBE INC COMMON STOCK 40,077 80,519
    ALPHABET INC CLASS C CAPITAL STOCK 79,175 120,880
    AMAZON.COM INC 125,765 224,728
    APPLE INC 89,591 195,850
    CARVANA CO CLASS A COMMON STOCK 22,108 35,212
    CHEWY INC CLASS A COMMON STOCK PAR VALUE 21,035 35,686
    CHIPOTLE MEXICAN GRILL INC COMMON STOCK 66,466 94,296
    COSTCO WHOLESALE CORP-NEW 20,169 38,055
    COUPA SOFTWARE INCORPORATED COM 15,588 33,891
    CROWDSTRIKE HOLDINGS INC CLASS A COMMON STOCK 11,933 36,857
    DEXCOM INC 10,922 24,771
    ESTEE LAUDER COMPANIES INC CL A 32,292 46,583
    FACEBOOK INC CL A 106,126 133,302
    GUARDANT HEALTH INC COMMON STOCK 5,880 10,826
    HOME DEPOT INC 26,101 35,593
    INTUITIVE SURGICAL INC COM 36,122 48,268
    LULULEMON ATHLETICA INC 24,415 49,072
    MASTERCARD INCORPORATED 32,663 53,184
    MATCH GROUP INC COMMON STOCK 55,818 73,327
    MICROSOFT CORP 49,283 106,317
    NETFLIX COM INC 56,791 91,924
    NIKE INC CLASS B COM 45,535 61,539
    NVIDIA CORP 46,783 90,863
    PAYPAL HOLDINGS INC COM 48,589 84,780
    PELOTON INTERACTIVE INC CLASS A COMMON STOCK 15,197 26,399
    S&P GLOBAL INC COM 16,857 25,641
    SALESFORCE.COM INC 39,606 62,753
    SAREPTA THERAPEUTICS INC COM 11,266 12,787
    SNOWFLAKE INC CLASS A COMMON STOCK 21,974 16,040
    SPLUNK INC COM 20,059 24,804
    SQUARE INC CLASS A COM 51,780 58,763
    TARGET CORP 12,508 12,534
    TELADOC HEALTH INC COMMON STOCK 21,506 21,196
    TESLA INC COMMON STOCK 28,683 193,354
    TJX COMPANIES INC NEW 29,658 30,731
    TRADE DESK INC (THE) CLASS A COMMON STOCK 18,862 49,662
    TWILIO INC CL A 18,649 49,421
    UBER TECHNOLOGIES INC COMMON STOCK 44,082 58,701
    UNION PACIFIC CORP 27,442 31,025
    VERTEX PHARMACEUTICALS INC 20,097 24,816
    VISA INC CL A COMMON STOCK 63,150 86,836
    WORKDAY INC CLASS A COMMON STOCK 19,854 27,555
    ADYEN N V UNSPONSORED ADR 29,927 73,936
    ATLASSIAN CORPORATION PLC CLASS A 24,835 33,911
    FARFETCH LIMITED CLASS A ORDINARY SHARES 6,230 6,317
    KERING UNSPONSORED ADR 24,281 24,728
    LVMH MOET HENNESSY LOUIS VUITTON SA UNSPONSORED ADR 40,233 45,508
    SAFRAN SA UNSPONSORED ADR 31,375 30,219
    SHOPIFY INC CL A 38,623 92,820
    SPOTIFY TECHNOLOGY S A SHS SPOTIFY TECH SA ORD REG 34,455 43,423
    TAIWAN SEMICONDUCTOR MFG CO LTD-SPONSORED ADR REPSTG 5 COM 33,692 38,600
    AES CORP 35,044 67,939
    AMERICAN INTERNATIONAL GROUP INC 55,584 39,791
    APPLIED MATERIALS INC 26,668 55,836
    BANK OF AMERICA CORP 62,780 64,409
    BAXTER INTERNATIONAL INC 55,617 57,773
    BRISTOL MYERS SQUIBB CO 55,899 67,551
    CARRIER GLOBAL CORPORATION COMMON STOCK 8,913 14,258
    CENTENE CORP DEL 43,174 45,023
    CHEVRON CORPORATION 35,763 24,068
    CIGNA CORPORATION COMMON STOCK 53,300 65,577
    CISCO SYSTEMS INC 69,087 74,598
    CITIGROUP INC COM 66,700 60,858
    CORNING INC 36,263 47,304
    CSX CORPORATION COM 28,073 40,565
    FIRSTENERGY CORP 37,973 40,313
    FMC CORP NEW 42,817 66,659
    FREEPORT MCMORAN INC 22,492 50,219
    HONEYWELL INTL INC 29,779 45,305
    HUMANA INC 30,813 47,591
    JPMORGAN CHASE & CO 60,886 69,889
    LOWES COMPANIES INC 44,348 75,279
    MARATHON PETE CORP COM 51,455 30,358
    METLIFE INC 44,346 45,354
    MORGAN STANLEY 43,115 54,893
    NEXTERA ENERGY INC 21,377 41,661
    OTIS WORLDWIDE CORPORATION COMMON STOCK 12,465 12,767
    PHILIP MORRIS INTERNATIONAL INC 55,242 54,807
    QUALCOMM INC 26,795 57,889
    QURATE RETAIL INC SERIES A COMMON STOCK 56,158 55,848
    RAYTHEON TECHNOLOGIES CORPORATION COMMON STOCK 1,616 1,359
    TERADATA CORP 74,845 49,074
    UNION PACIFIC CORP 24,385 34,565
    VERIZON COMMUNICATIONS 74,737 86,480
    WELLS FARGO & CO 77,379 67,603
    WILLIAMS COMPANIES INC 56,031 52,290
    BARRICK GOLD CORP 51,153 70,800
    TECHNIPFMC PLC ORDINARY SHARE 44,848 37,271
    AMPHENOL CORPORATION CLASS A COM 40,032 62,508
    ARISTA NETWORKS INC COM 54,052 72,061
    ARMSTRONG WORLD INDUSTRIES INC 35,900 37,939
    BERKLEY W R CORPORATION 37,026 48,420
    BROWN & BROWN INC 46,346 79,886
    BROWN-FORMAN CORPORATION CLASS B COMMON STOCK 17,870 25,656
    CARLISLE COMPANIES INC 64,556 77,934
    CARMAX INC 46,834 68,484
    CDW CORPORATION COM 38,880 61,941
    COPART INC 33,858 77,877
    DOLLAR TREE INC 85,670 108,688
    EXPEDITORS INTERNATIONAL OF WASHINGTON INC 29,513 39,090
    FASTENAL CO 19,626 36,915
    GARTNER INC 73,200 93,711
    GLACIER BANCORP INC-NEW 32,329 38,142
    KEMPER CORP DEL 40,861 38,953
    LABORATORY CORP AMER HLDS 62,316 74,092
    LIBERTY BROADBAND CORPORATION CLASS C COMMON STOCK 63,850 139,841
    MARKEL CORP HOLDING CO 86,367 79,564
    MOELIS & COMPANY CL A 38,636 52,044
    NEWMARKET CORPORATION 32,487 33,058
    PROGRESSIVE CORP-OHIO 72,077 85,630
    ROSS STORES INC 52,723 75,405
    VONTIER CORPORATION COMMON STOCKS 58,855 68,570
    ARCH CAPITAL GROUP LTD 69,012 93,854
    BROOKEFIELD ASSET MANAGEMENT INC CLASS A LTD VTG SHS 38,612 55,178
    CLARIVATE PLC ORDINARY SHARES 34,408 33,513
    IHS MARKIT LTS SHS 51,534 88,842
    A O SMITH CORPORATION 28,640 32,618
    ALLEGHANY CORP-DEL 27,474 28,373
    ANALOG DEVICES INC 19,144 30,432
    AVERY DENNISON CORP 12,794 18,613
    BANK HAWAII CORP 25,872 25,055
    BOOZ ALLEN HAMILTON HOLDING CORPORATION CL A 20,472 40,800
    BOSTON SCIENTIFIC CORP 16,737 20,384
    BROADRIDGE FINANCIAL SOLUTIONS INC COMMON STOCK 36,658 48,105
    BURLINGTON STORES INC 23,505 30,078
    BWX TECHNOLOGIES INC COM 35,808 32,732
    CASEYS GENERAL STORES INC 16,532 27,507
    CDK GLOBAL INC 32,905 29,750
    CLOROX CO 9,482 14,538
    DENTSPLY SIRONA INC COM 27,009 28,589
    DOLLAR GENERAL CORPORATION 15,690 35,120
    DONALDSON CO INC 16,122 19,726
    DORMAN PRODUCTS INC 18,012 19,361
    ENTERGY CORP NEW 23,450 29,053
    EPAM SYSTEMS INC 12,066 34,402
    EQUIFAX INC 11,102 17,163
    EXPEDITORS INTERNATIONAL OF WASHINGTON INC 24,978 33,574
    FIRST AMERICAN FINANCIAL CORPORATION 35,727 34,437
    FIRST REPUBLIC BANK SAN FRANCISCO CALIF 32,809 50,103
    FLIR SYSTEMS INC 14,786 14,332
    FLUOR CORP NEW 26,642 23,220
    GARTNER INC 26,890 30,596
    GENUINE PARTS CO 23,060 25,308
    GLOBE LIFE INC COMMON STOCK 28,787 32,191
    HAEMONETICS CORP-MASS 16,104 22,563
    HASBRO INC 28,126 29,559
    HERSHEY COMPANY 15,511 23,306
    HESS CORPORATION 19,150 16,998
    HEXCEL CORP NEW 25,555 22,936
    HUBBELL INCORPORATED COM 19,415 28,693
    HUNTSMAN CORP 27,648 34,341
    IAA INC COMMON STOCK 13,777 26,057
    INSPERITY INC 37,014 33,952
    LIBERTY BROADBAND CORPORATION CLASS C COMMON STOCK 27,182 60,181
    LIBERTY MEDIA CORPORATION SERIES C LIBERTY SIRIUSXM COMMON STOCK 27,954 28,282
    M & T BANK CORP 21,839 15,021
    MARKEL CORP HOLDING CO 30,477 27,899
    NISOURCE INC COM 26,294 23,559
    NUVASIVE INC COMMON STOCK 27,021 30,362
    OLLIE S BARGAIN OUTLET HOLDINGS INC COM 12,654 19,870
    PORTLAND GENERAL ELECTRIC CO 36,147 33,788
    SOLAREDGE TECHNOLOGIES HOLDINGS INC COM 14,038 41,166
    SONOCO PRODUCTS CO 14,177 16,472
    SS&C TECHNOLOGIES HOLDINGS INC 29,908 44,814
    UBIQUITI INC COMMON STOCK 7,282 25,066
    ULTA BEAUTY INC COMMON STOCK 23,886 27,280
    WATERS CORP 24,369 28,206
    WATSCO INC 24,323 29,905
    WOODWARD INC 18,390 29,653
    XCEL ENERGY INC COMMON STOCK 14,343 20,601
    ZIMMER BIOMET HOLDINGS INC 21,844 29,739
    HELEN OF TROY LTD-BERMUDA 7,828 19,108
    HOST HOTELS & RESORTS INC COMMON STOCK 15,033 18,390
    HUDSON PACIFIC PROPERTIES INC 18,525 19,000
    SUN COMMUNITIES INC 25,132 42,242
    ALLETE INC 30,395 22,546
    ATMOS ENERGY CORP 24,512 27,102
    AVERY DENNISON CORP 24,300 32,418
    AVIENT CORPORATION COMMON SHARES 21,818 24,168
    BROADRIDGE FINANCIAL SOLUTIONS INC COMMON STOCK 38,412 54,692
    CELANESE CORPORATION COMMON STOCK 33,050 43,790
    COMMUNITY BANK SYSTEMS INC 21,141 21,746
    CSG SYSTEMS INTERNATIONAL INC 32,403 36,687
    ENCOMPASS HEALTH CORPORATION COM 39,926 52,508
    EVERCORE INC CLASS A COMMON STOCK 62,879 83,217
    FIRST FINANCIAL BANCORP-OHIO 40,819 22,649
    FIRST INTERSTATE BANCSYSTEM INC CL A 40,287 40,485
    FLOWER FOODS INC 29,792 31,116
    GALLAGHER ARTHUR J & CO 11,373 19,175
    HACKETT GROUP INC 17,980 16,117
    HASBRO INC 55,863 63,420
    HOME BANCSHARES INC 16,039 18,681
    HORACE MANN EDUCATORS CORP NEW 32,090 31,320
    HUBBELL INCORPORATED COM 39,499 58,012
    JUNIPER NETWORKS 32,962 29,173
    LANCASTER COLONY CORP 26,286 32,704
    LCI INDUSTRIES COM 36,725 56,151
    MDC HOLDINGS INC-DEL 38,086 51,419
    MSA SAFETY INCORPORATED COM 9,990 16,732
    NATIONAL HEALTHCARE CORP 14,140 13,614
    NETAPP INC 31,665 43,122
    NEXSTAR MEDIA GROUP INC CLASS A COMMON STOCK 14,437 22,275
    NISOURCE INC COM 18,291 16,838
    PETMED EXPRESS INC 24,102 21,384
    PROGRESS SOFTWARE CORPORATION 26,045 33,983
    QUEST DIAGNOSTIC INC 45,146 52,673
    RENT A CENTER INC-NEW 16,520 15,737
    REYNOLDS CONSUMER PRODUCTS INC COMMON STOCK 40,569 36,529
    RPM INTERNATIONAL INC 16,339 29,867
    SCOTTS MIRACLE GRO CO 28,782 66,513
    SONOCO PRODUCTS CO 23,679 27,966
    TCF FINANCIAL CORPORATION COMMON STOCK 34,982 25,359
    VALVOLINE INC ADDITIONAL SHARES OF COMMON STOCK 19,410 22,978
    WATSCO INC 26,616 33,756
    AMDOCS LIMITED 41,128 50,218
    MAGNA INTERNATIONAL INC COM 21,814 32,214
    SILICON MOTION TECHNOLOGY CORPORATION ADR 30,327 28,746
    AGREE REALTY CORP 24,554 25,234
    CAMDEN PROPERTY TRUST-SBI 20,941 24,880
    CORESITE RLTY CORP 19,723 21,423
    CYRUSONE INC COM 24,666 35,624
    EQUITY LIFESTYLE PROPERTIES INC 33,495 42,895
    FIRST INDUSTRIAL REALTY TRUST 9,877 14,619
    STAG INDUSTRIAL INC 13,599 17,069
    INTEL CORP 50,113 50,088
    HUNTINGTON BANCSHARES INC 23,443 23,414
    BANK NEW YORK MELLON CORP 58,406 58,351
    CITIGROUP INC 60,181 60,321
    JPMORGAN CHASE & CO 61,186 61,399
    BURLINGTON NORTHN SANTA FE LLC 65,079 65,009
    VERIZON COMMUNICATIONS INC 67,482 67,610
    MICROSOFT CORP 62,241 62,301
    AMAZON.COM INC 67,369 67,448
    WAL-MART STORES INC 61,523 61,814
    GOLDMAN SACHS GROUP INC 63,180 64,012
    CAPITAL ONE FINANCIAL CORP 71,272 72,016
    TEXAS INSTRUMENTS INC 46,744 46,668
    VISA INC 35,752 35,899
    EXXON MOBILE CORPORATION 60,747 60,939
    HOME DEPOT INC 63,532 63,588
    CISCO SYSTEMS INC 64,071 63,736
    BOSTON PROPERTIES LP 62,546 63,235
    ABBVIE INC SR GLBL NT 26 64,213 64,139
    DISCOVER FINL SVCS 62,244 64,516
    MCDONALDS CORP 76,224 76,676
    APPLE INC 75,126 74,934
    BANK AMER CORP 65,430 66,026
    FIFTH THIRD BANCORP 80,128 79,946
    CVS HEALTH CORP 34,003 34,509
    VALERO ENERGY CORP NEW 67,727 67,154
    MORGAN STANLEY 65,915 66,219
    WELLS FARGO & CO 77,762 78,342
    PAYPAL HLDGS INC 51,473 51,097
    HUNTINGTON NATIONAL BANK 36,153 36,463
    DISNEY WALT CO 57,770 57,200
    MASTERCARD INCORPORATED 64,480 63,951
    NIKE INC 62,021 62,308
    ZOETIS INC 12,449 12,425
    FISERV INC 60,963 60,588
    DOW CHEMICAL CO 25,642 25,656
    AAC TECHNOLOGIES HOLDINGS INC UNSPONSORED ADR 26,687 15,017
    AMERICA MOVIL 45,818 43,184
    ANGLO AMERICAN PLC 12,174 22,189
    ANHUI CONCH CEMENT 23,689 25,922
    ASM PACIFIC TECHNOLOGY LTD 22,750 28,141
    BAIDU INC 35,424 37,842
    BANCO DO BRASIL SA 37,969 29,066
    BB SEGURIDADE PARTICIPACOES 23,455 19,234
    BIDVEST GROUP LTD 24,230 17,681
    CHINA CONSTRUCTION BANK 37,662 30,918
    CHINA MERCHANTS BANK CO LTD 27,716 36,368
    CHINA MOBILE LIMITED 14,099 10,217
    CHINA SHENHUA ENERGY CO LTD 28,703 22,747
    CNOOC LTD 20,018 10,815
    COMMERCIAL INTERNATIONAL BANK LTD 13,029 11,323
    ENGIE BRASIL ENERGIA 13,614 13,391
    ENN ENERGY HOLDINGS LTD 9,707 16,262
    GALP ENERGIA SA LISBOA 20,815 15,527
    GRUPO FINANCIERO BANORTE 17,314 18,050
    HENGAN INTERNATIONAL GROUP COMPANY 25,469 22,834
    INFOSYS LIMITED 38,697 68,817
    KASIKORNBANK PUBLIC CO LTD 22,399 16,027
    KB FINANCIAL GROUP INC 40,835 31,759
    KIMBERLY-CLARK DE MEXICO 12,098 12,462
    LIFE HEALTHCARE GROUP HOLDINGS LTD 19,677 14,963
    LUKOIL PJSC 32,643 33,608
    MOBILE TELESYSTEMS PJSC 17,825 16,280
    MONDI PLC 15,068 15,889
    NEDBANK GROUP LIMITED 27,685 15,594
    P T TELEKOMUNIKASI 23,895 24,202
    PING AN INSURANCE GROUP 25,510 29,184
    PT ASTRA INTERNATIONAL 22,906 20,233
    PT BANK MANDIRI PERSERO 31,704 30,199
    SANLAM LTD 17,468 11,767
    SBERBANK RUSSIA 36,866 36,139
    SHINHAN FINL GROUP CO LTD 28,161 19,999
    SHOPRITE HOLDINGS LTD 16,009 7,968
    SINOPHARM GROUP CO LTD 26,492 22,232
    STANDARD BANK GROUP LIMITED 23,896 13,359
    TAIWAN SEMICONDUCTOR MFG CO LTD 19,680 53,975
    TERNIUM S A 11,432 12,126
    UNILEVER PLC 34,275 35,311
    VODACOM GROUP LTD 15,387 10,526
    WEICHAI POWER CO LTD 20,849 32,654

    TY 2020 OtherDecreasesSchedule
    Name:
    WILLIAM AND MARY ROSS FOUNDATION
    EIN:
    86-0891827
    Description Amount
    UNREALIZED LOSSES 36,721


    TY 2020 OtherExpensesSchedule
    Name:
    WILLIAM AND MARY ROSS FOUNDATION
    EIN:
    86-0891827
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CORPORATE FEES 3,034 0   3,034
    PO BOX FEE 458 0   458


    TY 2020 OtherIncreasesSchedule
    Name:
    WILLIAM AND MARY ROSS FOUNDATION
    EIN:
    86-0891827
    Description Amount
    N/T DISTRIBUTIONS 9,718


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    WILLIAM AND MARY ROSS FOUNDATION
    EIN:
    86-0891827
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT ADVISORY FEES 313,483 313,483   0
    PAYROLL PROCESSING FEES 692 208   484


    TY 2020 TaxesSchedule
    Name:
    WILLIAM AND MARY ROSS FOUNDATION
    EIN:
    86-0891827
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 9,715 2,915   6,800
    FOREIGN TAXES 9,161 9,161   0