Form990-PF
Click to see attachment

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
THORNBURG FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)2300 N RIDGETOP RD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SANTA FE, NM87506
A Employer identification number

85-0457010
B Telephone number (see instructions)

(505) 467-7853
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$138,562,454J 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 11,638 11,638  
4 Dividends and interest from securities... 1,623,678 1,620,718  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 3,516,593
b Gross sales price for all assets on line 6a 25,786,430
7 Capital gain net income (from Part IV, line 2)... 3,516,593
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)....... Click to see attachment 1,184,595 468,852  
12 Total. Add lines 1 through 11........ 6,336,504 5,617,801  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 212,500 0   186,125
14 Other employee salaries and wages...... 448,603 0   415,498
15 Pension plans, employee benefits....... 121,384 0   108,763
16a Legal fees (attach schedule)......... Click to see attachment 8,330 0   8,123
b Accounting fees (attach schedule)....... Click to see attachment 15,628 0   245
c Other professional fees (attach schedule).... Click to see attachment 144,482 0   135,373
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 68,699 0   0
19 Depreciation (attach schedule) and depletion... Click to see attachment 2,597 0  
20 Occupancy.............. 1,186 0   1,186
21 Travel, conferences, and meetings....... 12,757 0   11,371
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 85,437 33,464   31,355
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,121,603 33,464   898,039
25 Contributions, gifts, grants paid....... 5,450,500 5,450,500
26 Total expenses and disbursements. Add lines 24 and 25 6,572,103 33,464   6,348,539
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -235,599
b Net investment income (if negative, enter -0-) 5,584,337
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............. 2,506 2,500 2,500
2 Savings and temporary cash investments......... 10,897,028 5,716,230 5,716,230
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).......      
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).......... 104,387,290 Click to see attachment109,341,932 132,836,902
14 Land, buildings, and equipment: basis bullet12,983
Less: accumulated depreciation (attach schedule) bullet7,161 11,685 Click to see attachment5,822 5,822
15 Other assets (describe bullet) Click to see attachment4,750 Click to see attachment1,000 Click to see attachment1,000
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 115,303,259 115,067,484 138,562,454
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment848 Click to see attachment672
23 Total liabilities (add lines 17 through 22)......... 848 672
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 115,302,411 115,066,812
29 Total net assets or fund balances (see instructions)..... 115,302,411 115,066,812
30 Total liabilities and net assets/fund balances (see instructions). 115,303,259 115,067,484
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
115,302,411
2
Enter amount from Part I, line 27a .....................
2
-235,599
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
115,066,812
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
115,066,812
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 JACKSON SQ SMID-CAP P 2020-01-16 2020-09-15
b JACKSON SQ SMID-CAP P 2020-01-16 2020-11-24
c VANGUARD GLBL EX US P 2019-01-31 2020-05-28
d THORNBURG SM/MID CAP CORE P 2018-01-01 2020-11-30
e THORNBURG LTD TERM US GOVT P 2018-01-01 2020-05-31
THORNBURG LTD TERM US GOVT P 2018-01-01 2020-08-31
THORNBURG LTD TERM US GOVT P 2018-01-01 2020-11-30
THORNBURG BETTER WORLD P 2018-01-01 2020-09-30
THORNBURG BETTER WORLD P 2018-01-01 2020-11-30
THORNBURG SM/MID CAP GROWTH P 2018-01-01 2020-09-30
THORNBURG INT'L GROWTH P 2018-01-01 2020-09-30
THORNBURG INT'L GROWTH P 2018-01-01 2020-11-30
THORNBURG DEVELOPING WORLD P 2018-01-01 2020-09-30
THORNBURG DEVELOPING WORLD P 2018-01-01 2020-11-30
THORNBURG INT'L VALUE P 2018-01-01 2020-09-30
THORNBURG INT'L VALUE P 2018-01-01 2020-11-30
THORNBURG LONG/SHORT P 2018-01-01 2020-09-30
THORNBURG INCOME BUILDER P 2018-01-01 2020-06-30
THORNBURG INCOME BUILDER P 2018-01-01 2020-09-30
THORNBURG INCOME BUILDER P 2018-01-01 2020-11-30
THORNBURG GLOBAL OPPORTUNITY P 2018-01-01 2020-09-30
BROADSTONE NET LEASE FRACTIONAL SHARE P 2018-08-02 2020-10-22
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 1,299,975   1,077,885 222,090
b 700,000   513,417 186,583
c 1,589,561   1,995,480 -405,919
d 400,000   290,750 109,250
e 2,000,000   1,959,490 40,510
65,740   64,152 1,588
105,000   104,171 829
700,000   522,026 177,974
413,000   285,493 127,507
1,700,000   1,121,245 578,755
1,200,000   789,830 410,170
300,000   187,089 112,911
1,400,000   1,059,207 340,793
700,000   467,866 232,134
500,000   506,139 -6,139
250,000   237,482 12,518
5,213,722   5,912,861 -699,139
3,000,000   2,981,752 18,248
1,600,000   1,584,521 15,479
300,000   271,903 28,097
531,000   337,078 193,922
16     16
1,818,416     1,818,416
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       222,090
b       186,583
c       -405,919
d       109,250
e       40,510
      1,588
      829
      177,974
      127,507
      578,755
      410,170
      112,911
      340,793
      232,134
      -6,139
      12,518
      -699,139
      18,248
      15,479
      28,097
      193,922
      16
      1,818,416
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 3,516,593
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 77,622
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 77,622
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 77,622
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 71,776
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 20,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 91,776
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 14,154
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet14,154 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)
    bulletNM
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructionsClick to see attachment.................
    12
    Yes
     
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.THORNBURGFOUNDATION.ORG
    14
    The books are in care ofbulletKEVIN HANSEN Telephone no.bullet (505) 467-7044

    Located atbullet2300 N RIDGETOP RDSANTA FENM ZIP+4bullet87506
    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
    GARRETT THORNBURG PRESIDENT
    3.00     		0 0 0
    2300 N RIDGETOP RD
    SANTA FE,NM87506
    LLOYD THORNBURG DIRECTOR
    1.00     		0 0 0
    2300 N RIDGETOP RD
    SANTA FE,NM87506
    KEVIN HANSEN SECRETARY / TREASURER
    6.00     		0 0 0
    2300 N RIDGETOP RD
    SANTA FE,NM87506
    ALON KASHA DIRECTOR
    1.00     		0 0 0
    2300 N RIDGETOP RD
    SANTA FE,NM87506
    ALLAN OLIVER EXECUTIVE DIRECTOR
    40.00     		212,500 13,036 0
    2300 N RIDGETOP RD
    SANTA FE,NM87506
    FRED NATHAN DIRECTOR
    1.00     		0 0 0
    2300 N RIDGETOP RD
    SANTA FE,NM87506
    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
    HEATHER BALAS POLICY OFFICER
    40.00     		133,542 24,653 0
    2300 N RIDGETOP RD
    SANTA FE,NM87506
    STEVEN M WEINBERG II POLICY OFFICER
    40.00     		130,750 18,629 0
    2300 N RIDGETOP RD
    SANTA FE,NM87506
    BRYAN CRAWFORD-GARRETT POLICY OFFICER
    40.00     		101,075 3,032 0
    2300 N RIDGETOP RD
    SANTA FE,NM87506
    LESLIE GARCIA ADMIN DIRECTOR
    40.00     		83,236 17,715 0
    2300 N RIDGETOP RD
    SANTA FE,NM87506
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    109,495,085
    b
    Average of monthly cash balances.......................
    1b
    3,012,554
    c
    Fair market value of all other assets (see instructions)................
    1c
    9,101,932
    d
    Total (add lines 1a, b, and c).........................
    1d
    121,609,571
    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
    121,609,571
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,824,144
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    119,785,427
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    5,989,271
    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
    5,989,271
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    77,622
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    77,622
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    5,911,649
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    5,911,649
    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
    5,911,649
    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
    6,348,539
    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
    6,348,539
    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
    6,348,539
    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 5,911,649
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 2,117,889
    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......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 6,348,539
    a Applied to 2019, but not more than line 2a 2,117,889
    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..... 4,230,650
    e Remaining amount distributed out of corpus 0
    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 0
    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 ..........     		1,680,999
    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 ......     		0
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    GARRETT THORNBURG
    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
    501CPA
    3900 OSUNA RD NE
    ALBUQUERQUE,NM871094459     		NONE PC COVID RESPONSE 25,000
    501CPA
    3900 OSUNA RD NE
    ALBUQUERQUE,NM871094459     		NONE PC COVID RESPONSE 10,000
    ALBUQUERQUE COMMUNITY FOUNDATION
    PO BOX 25266
    ALBUQUERQUE,NM87125     		NONE PC NM COUNTS 2020 (CENSUS OUTREACH) 10,000
    ALBUQUERQUE COMMUNITY FOUNDATION
    PO BOX 25266
    ALBUQUERQUE,NM87125     		NONE PC CENSUS OUTREACH RAPID RESPONSE FUND 50,000
    AMERICAN CIVIL LIBERTIES UNION OF NEW MEXICO FOUNDATION
    PO BOX 566
    ALBUQUERQUE,NM87103     		NONE PC POLICE REFORM PROGRAM 50,000
    AMERICAN CIVIL LIBERTIES UNION OF NEW MEXICO FOUNDATION
    PO BOX 566
    ALBUQUERQUE,NM87103     		NONE PC OPERATING SUPPORT 25,000
    APEX ARTS LEAGUE
    2140 E SOUTHLAKE BLVD STE L-425
    SOUTHLAKE,TX76092     		NONE PC OPERATING SUPPORT 1,000
    AUDUBON NEW MEXICO
    PO BOX 9314
    SANTA FE,NM875049314     		NONE PC CONSERVING WORKING GRASSLANDS FOR PEOPLE & BIRDS THROUGH SCIENCE 47,500
    BIG BROTHERS BIG SISTERS MOUNTAIN REGION
    1229 S ST FRANCIS DR STE C
    SANTA FE,NM87505     		NONE PC OPERATING SUPPORT 10,000
    BIRD CONSERVANCY OF THE ROCKIES
    230 CHERRY ST STE 150
    FORT COLLINS,CO805212074     		NONE PC GRASSLAND STEWARDSHIP & RESILIENT COMMUNITIES IN NEW MEXICO 30,000
    CAMPAIGN LEGAL CENTER
    1411 K ST NW STE 1400
    WASHINGTON,DC200053404     		NONE PC OPERATING SUPPORT 100,000
    CAMPAIGN LEGAL CENTER
    1411 K ST NW STE 1400
    WASHINGTON,DC200053404     		NONE PC NEW MEXICO DEMOCRACY PROJECT 25,000
    CASA FIRST JUDICIAL DISTRICT
    466 W SAN FRANCISCO ST
    SANTA FE,NM875013012     		NONE PC OPERATING SUPPORT 5,000
    CENTER FOR APPLIED HUMAN ECOLOGY
    3512 ANDERSON AVE SE
    ALBUQUERQUE,NM871061612     		NONE PC LEADERSHIP TRAINING FOR YOUNG LEADERS 20,000
    CENTER OF SOUTHWEST CULTURE
    505 MARQUETTE AVE NW STE 1610
    ALBUQUERQUE,NM871022158     		NONE PC COMMUNITY DEVELOPMENT CENTER INDIGENOUS AND MEXICANO FARMING NETWORK 25,000
    CENTRAL NEW MEXICO COMMUNITY COLLEGE FOUNDATION INC
    525 BUENA VISTA DRIVE SE
    ALBUQUERQUE,NM871063232     		NONE PC IMPLEMENT ACCELERATED ASSOCIATE DEGREE COHORTS FOR EARLY CHILDHOOD & K-12 TEACHER EDUCATION PROGRAMS 100,000
    CHAMA PEAK LAND ALLIANCE
    PO BOX 1544
    SANTA FE,NM87504     		NONE PC OPERATING SUPPORT 50,000
    CLAREMONT MCKENNA COLLEGE
    400 N CLAREMONT BLVD
    CLAREMONT,CA917119845     		NONE PC OPERATING SUPPORT 25,000
    CLIMATE CHANGE LEADERSHIP INSTITUTE
    911 STAGECOACH RD
    SANTA FE,NM875011160     		NONE PC ADVANCING NEW MEXICO'S HEALTHY SOIL MOVEMENT 40,000
    COMMON CAUSE OF NEW MEXICO
    805 15TH ST NW STE 800
    WASHINGTON,DC200052207     		NONE PC OPERATING SUPPORT 50,000
    COMMON CAUSE OF NEW MEXICO
    805 15TH ST NW STE 800
    WASHINGTON,DC200052207     		NONE PC THE NEW MEXICO PLEDGE FOR GOOD GOVERNMENT 280,000
    COMMUNITIES IN SCHOOLS OF NM AT SANTA FE
    PO BOX 367
    SANTA FE,NM875040367     		NONE PC ASSIST IN INTENSIVE CASE MANAGEMENT TO AT-RISK CHILDREN, YOUTH AND FAMILIES 25,000
    COMMUNITIES IN SCHOOLS OF NM AT SANTA FE
    PO BOX 367
    SANTA FE,NM875040367     		NONE PC OPERATING SUPPORT 20,000
    CON ALMA HEALTH FOUNATION
    144 PARK AVE
    SANTA FE,NM875011833     		NONE PC COVID-19 RELIEF FOR IMMIGRANT COMMUNITIES 20,000
    COVENANT PATHWAYS
    PO BOX 455
    VANDERWAGEN,NM873260455     		NONE PC HEALING THE SOIL, TECHNICAL ASSISTANANCE 27,500
    CREATIVE SANTA FE
    314 READ ST
    SANTA FE,NM875012629     		NONE PC OPERATING SUPPORT 5,000
    CREATIVE SANTA FE
    314 READ ST
    SANTA FE,NM875012629     		NONE PC SANTA FE DATA PLATFORM SUPPORT 4,000
    CREATIVE SANTA FE
    314 READ ST
    SANTA FE,NM875012629     		NONE PC SANTA FE DATA PLATFORM SUPPORT 5,000
    DIG DEEP RIGHT TO WATER PROJECT
    PO BOX 26779
    LOS ANGELES,CA90026     		NONE PC NAVAJO WATER PROJECT 25,000
    DREAM TREE PROJECT
    128 LA POSA RD
    TAOS,NM875715022     		NONE PC OPERATING SUPPORT 10,000
    EQUAL JUSTICE INITIATIVE
    122 COMMERCE ST
    MONTGOMERY,AL361042538     		NONE PC OPERATING SUPPORT 10,000
    ESPERANZA SHELTER SUPPORT CENTER
    3130 RUFINA ST
    SANTA FE,NM875072933     		NONE PC OPERATING SUPPORT 10,000
    ESPERANZA SHELTER SUPPORT CENTER
    3130 RUFINA ST
    SANTA FE,NM875072933     		NONE PC OPERATING SUPPORT 20,000
    FARM TO TABLE
    518 OLD SANTA FE TRAIL STE 1
    SANTA FE,NM875050398     		NONE PC SUPPORT FOOD & FARM DAY AT NEW MEXICO STATE LEGISLATURE 500
    FII-ALBUQUERQUE NM
    663 13TH ST STE 200
    OAKLAND,CA946121275     		NONE PC OPERATING SUPPORT 10,000
    FOOD DEPOT
    1222 A SILER RD
    SANTA FE,NM875074106     		NONE PC OPERATING SUPPORT 20,000
    FRIENDS OF FONDATION DE FRANCE
    275 MADISON AVE FL 6
    NEW YORK,NY100161101     		NONE PC PROJECT SUPPORT 25,000
    GERARD'S HOUSE
    PO BOX 28693
    SANTA FE,NM875928693     		NONE PC OPERATING SUPPORT 10,000
    GIRLS INC OF SANTA FE
    301 HILLSIDE AVE
    SANTA FE,NM875012217     		NONE PC OPERATING SUPPORT 10,000
    HEADING HOME
    PO BOX 27636
    ALBUQUERQUE,NM871257636     		NONE PC OPERATING SUPPORT 20,000
    HOLISTIC MANAGEMENT INTERNATIONAL
    5941 JEFFERSON ST NE STE B
    ALBUQUERQUE,NM871093409     		NONE PC EXPANDING THE REGENERATIVE AGRICULTURE COMMUNITY IN NEW MEXICO PROJECT 60,000
    INSTITUTE OF AMERICAN ACUPUNCTURE & LIFE MEDICINE
    443 N NEW BALLAS RD SUITE 224
    ST LOUIS,MO631416858     		NONE PC OPERATING SUPPORT 5,000
    ISSUE ONE
    1401 K ST NW STE 350
    WASHINGTON,DC200054574     		NONE PC OPERATING SUPPORT 50,000
    ISSUE ONE
    1401 K ST NW STE 350
    WASHINGTON,DC200054574     		NONE PC COVERAGE OF DEMOCRACY REFORM IN NEW MEXICO 10,000
    ISSUE ONE
    1401 K ST NW STE 350
    WASHINGTON,DC200054574     		NONE PC OPERATING SUPPORT 50,000
    JB HUNT JR INST EDUCATIONAL LEADERSHIP & POLICY FOUNDATION
    1000 PARK FORT PLAZA STE 280
    DURHAM,NC277135260     		NONE PC NM EARLY CHILDHOOD EDUCATION AND CARE DEPARTMENT ADVISORY COMMITTEE 10,000
    KBFUSAMERICAN FRIENDS OF INSTITUTE CURIE
    10 ROCKERFELLER PLAZA 16TH FL
    NEW YORK,NY10020     		NONE PC OPERATING SUPPORT 25,000
    KITCHEN ANGELS
    1222 SILER RD
    SANTA FE,NM875074106     		NONE PC OPERATING SUPPORT 20,000
    KUNM-FM
    MSC06 3520 1 UNIVERSITY OF NEW MEXI
    ALBUQUERQUE,NM871310001     		NONE PC OPERATING SUPPORT 5,000
    LA FAMILIA MEDICAL CENTER
    PO BOX 5395
    SANTA FE,NM87502     		NONE PC OPERATING SUPPORT 20,000
    LA SEMILLA FOOD CENTER
    PO BOX 2579
    ANTHONY,NM880212579     		NONE PC NEW MEXICO FOOD AND FARM POLICY INITIATIVE 25,000
    LEAGUE OF WOMEN VOTERS OF NM
    2315 SAN PEDRO DR NE STE F6
    ALBUQUERQUE,NM871104158     		NONE PC FAIR DISTRICTS FOR NEW MEXICO, 411 VOTER GUIDE & ABSENTEE VOTING OUTREACH 47,500
    LENSIC PERFORMING ARTS CENTER
    211 W SAN FRANCISCO ST
    SANTA FE,NM875012128     		NONE PC OPERATING SUPPORT - COVID 20,000
    MAY CENTER FOR LEARNING
    2019 GALISTEO BLDG B
    SANTA FE,NM875052143     		NONE PC OPERATING SUPPORT 5,000
    MEDECINS SANS FRONTIERES
    40 RECTOR ST FL 16
    NEW YORK,NY100061751     		NONE PC OPERATING SUPPORT 5,000
    NAACP LEGAL DEFENSE & EDUCATION FUND
    40 RECTOR ST FL 16
    NEW YORK,NY100061738     		NONE PC OPERATING SUPPORT 10,000
    NANTUCKET HISTORICAL ASSOCIATION
    PO BOX 1016
    NANTUCKET,MA025541016     		NONE PC OPERATING SUPPORT 5,000
    NATIONAL CONFERENCE OF STATE LEGISLATORS
    7700 E 1ST PL
    DENVER,CO802307143     		NONE PC BEST PRACTICES RESEARCH FOR IN-PERSON VOTING, REDISTRICTING 45,000
    NATIONAL DANCE INSTITUTE
    1140 ALTO ST
    SANTA FE,NM875012596     		NONE PC OPERATING SUPPORT 150,000
    NATIONAL FARM TO SCHOOL NETWORK TC
    PO BOX 29198
    SAN FRANCISCO,CA94129     		NONE PC SPONSORSHIP FOR NEW MEXICO PARTICIPANTS AT NATIONAL FARM TO CAFETERIA CONFERENCE 2,000
    NATIONAL YOUNG FARMERS COALITION
    PO BOX 1074
    HUDSON,NY125349074     		NONE PC YOUNG FARMERS CONVENING & ADVOCACY 85,000
    NEW MEXICO ACEQUIA ASSOCIATION
    805 EARLY ST 203B
    SANTA FE,NM875051708     		NONE PC ENGAGING ACEQUIAS IN ADVOCACY FOR LOCAL FOOD SYSTEMS 80,000
    NEW MEXICO APPLESEED
    600 CENTRAL AVE SE
    ALBUQUERQUE,NM871023656     		NONE PC OPERATING SUPPORT 10,000
    NEW MEXICO ASSOCIATION FOR INFANT MENTAL HEALTH
    630 MANZANO NE STE B
    ALBUQUERQUE,NM871106360     		NONE PC OPERATING SUPPORT 1,000
    NEW MEXICO BLACK LEADERSHIP COUNCIL
    1258 ORTIZ DR SE
    ALBUQUERQUE,NM871085592     		NONE PC OPERATING SUPPORT 10,000
    NEW MEXICO COMMUNITY FOUNDATION
    8 CALLE MEDICO
    SANTA FE,NM875054724     		NONE PC NATIVE AMERICAN RELIEF FUND COVID RESPONSE 50,000
    NEW MEXICO ENVIRONMENTAL LAW CENTER
    1405 LUISA ST STE 5
    SANTA FE,NM875054074     		NONE PC OPERATING SUPPORT 10,000
    NEW MEXICO ETHICS WATCH
    PO BOX 30586
    ALBUQUERQUE,NM871900586     		NONE PC SUPPORT FOR RESEARCH & OUTREACH REGARDING LEGISLATIVE ETHICS IN NEW MEXICO 100,000
    NEW MEXICO ETHICS WATCH
    PO BOX 30586
    ALBUQUERQUE,NM871900586     		NONE PC SUPPORT FOR RESEARCH & OUTREACH REGARDING LEGISLATIVE ETHICS IN NEW MEXICO 90,000
    NEW MEXICO FARMERS' MARKETING ASSOCIATION
    1219 LUSIA ST STE 1
    SANTA FE,NM875054176     		NONE PC COVID-19 LOCAL FOOD SUPPLY CHAIN RESPONSE 100,000
    NEW MEXICO FARMERS' MARKETING ASSOCIATION
    1219 LUSIA ST STE 1
    SANTA FE,NM875054176     		NONE PC COVID-19 LOCAL FOOD SUPPLY CHAIN RESPONSE: INFRASTRUCTURE NEEDS 40,000
    NEW MEXICO FARMERS' MARKETING ASSOCIATION
    1219 LUSIA ST STE 1
    SANTA FE,NM875054176     		NONE PC SPONSORSHIP OF FARM TO SCHOOL MEETINGS 1,500
    NEW MEXICO FIRST
    PO BOX 56549
    ALBUQUERQUE,NM871876549     		NONE PC COVID-19 CONSULTING SUPPORT 10,135
    NEW MEXICO FIRST
    PO BOX 56549
    ALBUQUERQUE,NM871876549     		NONE PC COVID-19 RESPONSE: COORDINATING EMERGENCY FOOD & HUNGER NEEDS 50,000
    NEW MEXICO FIRST
    PO BOX 56549
    ALBUQUERQUE,NM871876549     		NONE PC FOOD & AGRICULTURE PROGRAM 95,000
    NEW MEXICO FIRST
    PO BOX 56549
    ALBUQUERQUE,NM871876549     		NONE PC GOOD GOVERNMENT REFORM PROGRAM 85,000
    NEW MEXICO FIRST
    PO BOX 56549
    ALBUQUERQUE,NM871876549     		NONE PC FOOD, HUNGER, WATER & AGRICULTURE POLICY WORKGROUP COVID RELIEF & RESPONSE 2.0 67,557
    NEW MEXICO FOUNDATION
    8 CALLE MEDICO
    SANTA FE,NM875054724     		NONE PC NATIVE AMERICAN RECOVERY FUND 46,710
    NEW MEXICO FOUNDATION
    8 CALLE MEDICO
    SANTA FE,NM875054724     		NONE PC UNM PUBLIC MEDIA PARTNERSHIP'S GOOD GOVERNMENT REPORTING 60,000
    NEW MEXICO IN DEPTH
    7820 ENCHANTED HILLS BLVD STE A225
    RIO RANCHO,NM871448644     		NONE PC NMID MONEY IN POLITICS TRANPARENCY PROGRAM 110,000
    NEW MEXICO SUICIDE INTERVENTION PROJECT
    PO BOX 6004
    SANTA FE,NM875026004     		NONE PC OPERATING SUPPORT 10,000
    NM ASSOC FOR THE EDUCATION OF YOUNG CHILDREN
    10601 LOMAS NE STE 105
    ALBUQUERQUE,NM871125462     		NONE PC PRE-KINDERGARTEN COMPENSATION PARITY RESEARCH & ADVOCACY 40,000
    NM COALITION TO END HOMELESSNESS
    PO BOX 865
    SANTA FE,NM87504     		NONE PC OPERATING SUPPORT 25,000
    NM COALITION TO END HOMELESSNESS
    PO BOX 865
    SANTA FE,NM87504     		NONE PC JOINT FOUNDATION RESPONSE TO THE SANTA FE HOMELESSNESS COVID-19 EMERGENCY 25,000
    NM COALITION TO END HOMELESSNESS
    PO BOX 865
    SANTA FE,NM87504     		NONE PC JOINT FOUNDATION RESPONSE TO THE SANTA FE HOMELESSNESS COVID-19 EMERGENCY 50,000
    NM DEPARTMENT OF HOMELAND SECURITY & EMERGENCY MANAGEMENT
    13 BATAAN BLVD
    SANTA FE,NM875084695     		NONE GOV NM COVID-19 EMERGENCY MATCHING FUND 250,000
    NM FARM & LIVESTOCK BUREAU FOUNDATION
    2220 N TELSHOR BLVD
    LAS CRUCES,NM880118227     		NONE PC SPONSORSHIP ANNUAL NM ORGANIC FARMING CONFERENCE 2,000
    NM FOUNDATION FOR OPEN GOVERNMENT
    2333 WISCONSIN ST NE
    ALBUQUERQUE,NM871104654     		NONE PC PUBLIC ACCESS TO INFORMATION DURING THE 2020 PANDEMIC AND BEYOND 30,000
    NM INDIAN AFFAIRS DEPARTMENT
    2600 CERRILLOS RD
    SANTA FE,NM87505     		NONE GOV SUPPORT FOR PRINTING COSTS OF MATERIALS 12,098
    NM SCHOOL FOR THE ARTS -AI
    500 MONTEZUMA AVE 200
    SANTA FE,NM875012555     		NONE PC OPERATING SUPPORT 100,000
    NM SCHOOL FOR THE ARTS -AI
    500 MONTEZUMA AVE 200
    SANTA FE,NM875012555     		NONE PC OPERATING SUPPORT 100,000
    NM SCHOOL FOR THE ARTS -AI
    500 MONTEZUMA AVE 200
    SANTA FE,NM875012555     		NONE PC OPERATING SUPPORT NMSA HEAD OF SCHOOL 125,000
    NURSE FAMILY PARTNERSHIP
    1900 GRANT ST STE 400
    DENVER,CO802034304     		NONE PC EXPAND CAPACITY NURSE FAMILY PARTNERSHIP WITHIN NEW MEXICO 60,000
    OCEANA INC
    1350 CONNECTICUT AVE NW STE 200
    WASHINGTON,DC200365425     		NONE PC SHARK PROTECTION PROGRAM 5,000
    PALLATIVE SUPPORTIVE CARE OF NANTUCKET
    PO BOX 3541
    NANTUCKET,MA02584     		NONE PC OPERATING SUPPORT 2,500
    PARTNERS IN EDUCATION FOUNDATION
    1300 CAMINO SIERRA VISTA
    SANTA FE,NM875051007     		NONE PC OPERATING SUPPORT 10,000
    PARTNERSHIP FOR COMMUNITY ACTION
    PO BOX 12320
    ALBUQUERQUE,NM871950320     		NONE PC EDUCADORES PARA FUTURO DE LOS NINOS 25,000
    PIPER AND PROTEUS FUNDS
    15 RESEARCH DRIVE STE B
    AMHERST,MA010022776     		NONE PC OPERATING SUPPORT FOR PIPER FUND 50,000
    PIVOTAL NM
    PO BOX 7157
    ALBUQUERQUE,NM871947157     		NONE PC COVID-19 FUNDING RESOURCE PROJECT 25,000
    READING QUEST
    991 CAMINO CONSUELO
    SANTA FE,NM875075036     		NONE PC OPERATING SUPPORT 10,000
    READING QUEST
    991 CAMINO CONSUELO
    SANTA FE,NM875075036     		NONE PC OPERATING SUPPORT 15,000
    REGENTS OF THE UNIVERSITY OF NEW MEXICO
    1 UNIVERSITY OF NEW MEXICO
    MSC09-5220
    ALBUQUERQUE,NM871310001     		NONE GOV EXPANDING HOME VISITING REFERRALS 50,000
    ROADRUNNER FOOD BANK
    5840 OFFICE BLVD NE
    ALBUQUERQUE,NM871095819     		NONE PC OPERATING SUPPORT 20,000
    ROCKY MOUNTAIN PLANNED PARENTHOOD
    7155 E 38TH AVE
    DENVER,CO802071630     		NONE PC PROGRAM SUPPORT TO IMPLEMENT LONG ACTING REVERSIBLE CONTRACEPTIVES IN NEW MEXICO 25,000
    SANTA FE BRIDGE CENTER
    3827 THOMAS RD
    SANTA FE,NM87507     		NONE PC OPERATING SUPPORT 5,000
    SANTA FE COMMUNITY COLLEGE FOUNDATION
    6401 RICHARDS AVE 111
    SANTA FE,NM875084887     		NONE PC FIRST BORN HOME VISITING PROGRAM 90,000
    SANTA FE COMMUNITY FOUNDATION
    501 HALONA ST
    SANTA FE,NM875050301     		NONE PC 2020 MAYOR'S BALL SPONSORSHIP 2,500
    SANTA FE COMMUNITY FOUNDATION
    501 HALONA ST
    SANTA FE,NM875050301     		NONE PC COVID-19 EMERGENCY EARLY CHILDHOOD GRANTS 50,000
    SANTA FE COMMUNITY FOUNDATION
    501 HALONA ST
    SANTA FE,NM875050301     		NONE PC FOOD & AGRICULTURAL ZONE GRANTS - IMPLEMENATION GRANTS YEAR 2 (2021) 100,000
    SANTA FE COMMUNITY FOUNDATION
    501 HALONA ST
    SANTA FE,NM875050301     		NONE PC OPERATING SUPPORT 10,000
    SANTA FE COMMUNITY FOUNDATION
    501 HALONA ST
    SANTA FE,NM875050301     		NONE PC NEW MEXICO LANDRACE CORN PROJECT 20,000
    SANTA FE COMMUNITY FOUNDATION
    501 HALONA ST
    SANTA FE,NM875050301     		NONE PC NM LOCAL NEWS FUND'S SOUTHERN NM OUTREACH & PROJECT ECHO IN NEWROOMS 50,000
    SANTA FE COMMUNITY FOUNDATION
    501 HALONA ST
    SANTA FE,NM875050301     		NONE PC EARLY CHILDHOOD FUNDERS GROUP 10,000
    SANTA FE COMMUNITY FOUNDATION
    501 HALONA ST
    SANTA FE,NM875050301     		NONE PC EARLY CHILDHOOD FUNDERS GROUP 12,000
    SANTA FE PREPARATORY SCHOOL
    1101 CAMINO DE LA CRUZ BLANCA
    SANTA FE,NM875050391     		NONE PC OPERATING SUPPORT 50,000
    SANTA FE PRO MUSICA
    1512 PACHECO ST D201
    SANTA FE,NM875055111     		NONE PC OPERATING SUPPORT 1,000
    SCHOOL YEAR ABROAD
    120 WATER ST STE 310
    NORTH ANDOVER,MA018452650     		NONE PC OPERATING SUPPORT 5,000
    SEARCHLIGHT NEW MEXICO
    202 E MARCY ST
    SANTA FE,NM875012021     		NONE PC HITTING HOME THE STORY OF THIS PANDEMIC RESEARCH, PUBLIC EDUCATION 10,000
    SHATTUCK - ST MARY'S SCHOOL
    PO BOX 218
    FARIBAULT,MN550210218     		NONE PC OPERATING SUPPORT 25,000
    SOLACE CRISIS TREATMENT CENTER
    6601 VALENTINE WAY
    SANTA FE,NM875077301     		NONE PC OPERATING SUPPORT 10,000
    ST ELIZABETH'S SHELTER
    804 ALARID
    SANTA FE,NM875053040     		NONE PC OPERATING SUPPORT 10,000
    ST ELIZABETH'S SHELTER
    804 ALARID
    SANTA FE,NM875053040     		NONE PC OPERATING SUPPORT 20,000
    ST JOHN'S COLLEGE
    1101 CAMINO DE LA CRUZ BLANCA
    SANTA FE,NM875054584     		NONE PC OPERATING SUPPORT 20,000
    SUCCESS INSTITUTE OF AMERICA INC
    PO BOX 44565
    RIO RANCHO,NM87174     		NONE GOV RACIAL JUSTICE GRANT 10,000
    TEROLYN HORSE RESCUE INC
    47200 COUNTY ROAD 29
    ELIZABETH,CO801079502     		NONE PC OPERATING SUPPORT 3,000
    THE GRANTS COLLECTIVE
    901 RIO GRANDE BLVD NW
    ALBUQUERQUE,NM871947157     		NONE PC COVID FUNDING RESOURCE CENTER 50,000
    THE INTERFAITH COMMUNITY SHELTER
    PO BOX 22653
    SANTA FE,NM875022653     		NONE PC OPERATING SUPPORT 30,000
    THE QUIVIRA COALITION
    1413 2ND ST STE 1
    SANTA FE,NM875053435     		NONE PC QUIVIRA COALITION PROGRAM SUPPORT PROJECT 70,000
    THE RICHMOND NEIGHBORHOOD CENTER
    741 30TH AVENUE
    SAN FRANCISCO,CA941213519     		NONE PC MASKS FOR ALL OF NEW MEXICO 1,000
    THINK NEW MEXICO
    1227 PASEO DE PERALTA
    SANTA FE,NM875012758     		NONE PC OPERATING SUPPORT 15,000
    THINK NEW MEXICO
    1227 PASEO DE PERALTA
    SANTA FE,NM875012758     		NONE PC OPERATING SUPPORT 10,000
    THREE SISTERS KITCHEN
    109 GOLD AVE SW
    ALBUQUERQUE,NM871023327     		NONE PC OPERATING SUPPORT 50,000
    TIDES FOUNDATION
    PO BOX 399389
    SAN FRANCISCO,CA941399389     		NONE PC BLACK LIVES MATTER SUPPORT FUND 10,000
    TOMKAT EDUCATIONAL FOUNDATION
    PO BOX 726
    PESCADERO,CA94060     		NONE PC GREEN GROUPS GRAZING PROJECT 9,000
    TRUE KIDS 1
    PO BOX 2301
    RANCHOS DE TAOS,NM875572301     		NONE PC OPERATING SUPPORT 20,000
    TULANE UNIVERSITY
    PO BOX 61075
    NEW ORLEANS,LA701619986     		NONE PC OPERATING SUPPORT 20,000
    UNITED WAY OF CENTRAL NEW MEXICO
    2340 ALAMO AVE SE STE 200
    ALBUQUERQUE,NM871063523     		NONE PC OPERATING SUPPORT 25,000
    UNITED WAY OF SANTA FE COUNTY
    440 CERRILLOS RD SUITE A
    SANTA FE,NM875012644     		NONE PC STATEWIDE EARLY CHILDHOOD ADVOCACY 210,000
    UNIVERSITY OF NEW MEXICO FOUNDATION
    700 LOMAS BLVD STE 108
    ALBUQUERQUE,NM87102     		NONE PC IBEST LAB TO SUPPORT ASSOCIATE LEVEL EARLY CHILDHOOD RESIDENCY PROGRAM 1,000
    UNIVERSITY OF NEW MEXICO FOUNDATION
    700 LOMAS BLVD STE 108
    ALBUQUERQUE,NM87102     		NONE PC HARNAR AWARD PROGRAM 50,000
    UNIVERSITY OF NEW MEXICO TAOS BRANCH
    1157 COUNTY ROAD 110
    RANCHOS DE TAOS,NM875576000     		NONE PC DEVELOPING AN ASSOCIATE LEVEL EARLY CHILDHOOD TEACHER RESIDENCY PROGRAM 50,000
    VILLAGE OF LOS RANCHOS
    6718 RIO GRANDE BLVD NW
    LOS RANCHOS,NM871076330     		NONE GOV CREATING OUR AGRI-FUTURE II: CONTINUING YEAR ONE'S SUCCESS 10,000
    WESTERN LANDOWNERS ALLIANCE
    PO BOX 6278
    SANTA FE,NM875026278     		NONE PC NEW MEXICO LAND STEWARTSHIP INITIATIVE PHASE VI 235,000
    WESTERN NEW MEXICO UNIVERSITY
    PO BOX 680
    SILVER CITY,NM88062     		NONE GOV DESIGN A RESIDENCY BASED EARLY CHILDHOOD TEACHER PREP PROGRAM 32,500
    WILLIAMS COLLEGE
    75 PARK STREET
    WILLIAMSTOWN,MA012672141     		NONE PC OPERATING SUPPORT 25,000
    YOUTH SHELTER AND FAMILY SERVICES
    PO BOX 28279
    SANTA FE,NM875928279     		NONE PC OPERATING SUPPORT 20,000
    Total .................................bullet 3a 5,450,500
    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 11,638  
    4 Dividends and interest from securities....     14 1,623,678  
    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 3,516,593  
    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 5,151,909 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    5,151,909
    (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:
    THORNBURG FOUNDATION
    EIN:
    85-0457010
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 15,628 0   245

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

    TY 2020 DepreciationSchedule
    Name:
    THORNBURG FOUNDATION
    EIN:
    85-0457010
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    ORGANIZATIONAL COSTS 1998-09-01 510 510 SL 160.000000000000 0 0    
    COMPUTER EQUIPMENT 2013-05-20 1,771 1,771 SL 5.000000000000 0 0    
    COMPUTER EQUIPMENT 2013-05-21 2,409 2,409 SL 5.000000000000 0 0    
    COMPUTER SOFTWARE 2013-05-20 233 233 SL 3.000000000000 0 0    
    COMPUTER SOFTWARE 2013-05-21 231 231 SL 3.000000000000 0 0    
    COMPUTER EQUIPMENT 2014-03-26 10,077 10,077 SL 5.000000000000 0 0    
    COMPUTER EQUIPMENT 2014-07-09 1,036 1,036 SL 5.000000000000 0 0    
    COMPUTER EQUIPMENT 2019-06-25 12,983 1,298 SL 5.000000000000 2,597 0    

    TY 2020 GeneralExplanationAttachment
    Name:
    THORNBURG FOUNDATION
    EIN:
    85-0457010
    Identifier Return Reference Explanation
    CONTROLLED FOREIGN PARTNERSHIP REPORTING FORM 8858 CONTROLLED FOREIGN PARTNERSHIP REPORTINGINVESTOR:THORNBURG FOUNDATION2300 N. RIDGETOP ROADSANTA FE, NM 87506EIN: 85-0457010THE ABOVE INVESTOR IS REQUIRED TO FURNISH INFORMATION WITH RESPECT TO ITS INDIRECT OWNERSHIP IN THE FOLLOWING PARTNERSHIPS WITH ITS FEDERAL INCOME TAX RETURN FOR THE YEAR ENDED DECEMBER 31, 2020, PURSUANT TO INTERNAL REVENUE CODE 6038:NAME AND TAX ID# OF FOREIGN PARTNERSHIPKPS SPECIAL SITUATIONS FUND V (A), LP EIN: 98-1509288THE FOLLOWING OBLIGATIONS WILL BE SATISFIED BY CA RESOURCES FUND (U.S. TAX-EXEMPT), L.P. - SERIES KPS SPECIAL SITUATIONS FUNDS V (A). THE FUND WILL ATTACH FORM 8865 TO ITS FORM 1065 WHICH WILL BE FILED WITH THE INTERNAL REVENUE SERVICE CENTER IN OGDEN, UT 84201-0011.CA RESOURCES FUND (U.S. TAX-EXEMPT), L.P. - SERIES KPS SPECIAL SITUATIONS FUNDS V (A), LP'S TAX IDENTIFICATION NUMBER IS 84-3054793 AND ITS ADDRESS IS:125 HIGH STREETBOSTON, MA 02110

    TY 2020 InvestmentsOtherSchedule2
    Name:
    THORNBURG FOUNDATION
    EIN:
    85-0457010
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    BROADSTONE NET LEASE AT COST 2,186,418 2,061,774
    GLENMEDE FUND INC-GOVT CASH AT COST 80,640 80,640
    GLENMEDE PRIVATE INVESTMENT FD IX AT COST 640,000 906,546
    GLENMEDE PRIVATE INVESTMENT FD VIII AT COST 1,815,000 2,065,230
    GLENMEDE PRIVATE INVESTMENT FD X AT COST 1,140,000 1,363,779
    RIVERSIDE CAPITAL APPRECIATION VI AT COST 249,397 457,774
    RIVERSIDE MICRO-CAP AT COST 542,507 520,266
    SCHWAB FIXED INCOME FUND AT COST 698,810 1,063,392
    SL CAPITAL SOF I LP AT COST 0 565,809
    TCG BDC INC AT COST 787,217 351,990
    THORNBURG BETTER WORLD INT'L AT COST 4,627,243 6,984,106
    THORNBURG SMALL CAP CORE FUND AT COST 4,944,038 6,970,509
    THORNBURG DEVELOPING WORLD FUND AT COST 4,532,747 7,191,053
    THORNBURG GLOBAL OPPORTUNITIES FUND AT COST 4,584,817 7,684,341
    THORNBURG INCOME BUILDER FUND AT COST 6,146,633 6,906,862
    THORNBURG INTERNATIONAL GROWTH FUND AT COST 4,219,819 7,146,934
    THORNBURG INTERNATIONAL VALUE FUND AT COST 6,555,735 7,116,617
    THORNBURG LTD TERM US GOVT FUND AT COST 40,110,746 40,527,823
    THORNBURG STRATEGIC INCOME FUND AT COST 6,603,960 6,808,617
    THORNBURG SUMMIT FUND AT COST 5,948,500 7,519,688
    THORNBURG VALUE FUND AT COST 4,610,546 7,451,580
    FTV VI LP AT COST 570,000 637,874
    KPS SPECIAL SITUTATIONS FUND V AT COST 377,721 377,721
    TRANSFORMATION CAPITAL II LP AT COST 80,649 70,454
    JACKSON SQUARE SMID CAP AT COST 5,288,789 7,848,053
    THIRD POINT STRUCTURED CREDIT OPPS OFFSHOR FUND LP AT COST 2,000,000 2,157,470

    TY 2020 LandEtcSchedule2
    Name:
    THORNBURG FOUNDATION
    EIN:
    85-0457010
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    COMPUTER EQUIPMENT 12,983 3,895 9,088  


    TY 2020 LegalFeesSchedule
    Name:
    THORNBURG FOUNDATION
    EIN:
    85-0457010
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 8,330 0   8,123


    TY 2020 OtherAssetsSchedule
    Name:
    THORNBURG FOUNDATION
    EIN:
    85-0457010
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DEPOSITS/PREPAID EXPENSES 4,750 1,000 1,000


    TY 2020 OtherExpensesSchedule
    Name:
    THORNBURG FOUNDATION
    EIN:
    85-0457010
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TELEPHONE 126 0   67
    INSURANCE 6,483 0   1,538
    DUES & SUBSCRIPTIONS 23,365 0   20,711
    MEALS & ENTERTAINMENT 124 0   0
    INVESTMENT CUSTODY&MGMT FEE 33,464 33,464   0
    COMPUTER/SOFTWARE EXPENSES 13,005 0   5,862
    OTHER EXPENSES 1,539 0   130
    TRAINING 2,543 0   1,982
    OFFICE EXPENSES 4,788 0   1,065


    TY 2020 OtherIncomeSchedule2
    Name:
    THORNBURG FOUNDATION
    EIN:
    85-0457010
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    GLENMEDE PRIVATE INVEST FD VIII-B   -41,960  
    RIVERSIDE CAP APPREC FUND VI   86,029  
    SL CAPITAL SOF I LP   95,717  
    RCAF VI AIV II, LP   -150  
    GLENMEDE PRIVATE INVEST FD IX   54,317  
    RENAISSANCE INSTITUTIONAL EQ FD   368,086  
    GLENMEDE PRIVATE INVEST FD X   -36,646  
    RIVERSIDE MICRO-CAP FUND V   -7,148  
    RMCF V AIV I   -61,637  
    TRANSFORMATION CAPITAL FUND II LP   -18,260  
    THIRD POINT STRUCTURED CREDIT OPPS OFFSHORE FUND   103,891  
    FTV VI LP   -33,676  
    K5 PRIVATE INVESTORS   -33,370  
    SERIES KPS SPEC SIT FUNDS V   -6,341  


    TY 2020 OtherLiabilitiesSchedule
    Name:
    THORNBURG FOUNDATION
    EIN:
    85-0457010
    Description Beginning of Year - Book Value End of Year - Book Value
    EMPLOYEE FSA WITHHOLDING 848 672


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    THORNBURG FOUNDATION
    EIN:
    85-0457010
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTING FEES 144,482 0   135,373


    TY 2020 TaxesSchedule
    Name:
    THORNBURG FOUNDATION
    EIN:
    85-0457010
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX ON INVESTMENT INCOME 68,699 0   0