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
THE LEIGHTON-OARE FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)1999 MORRIS DRIVE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NILES, MI49120
A Employer identification number

35-6034243
B Telephone number (see instructions)

(269) 687-6290
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$26,051,353J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 116,448 116,448  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 39,621
b Gross sales price for all assets on line 6a 2,094,045
7 Capital gain net income (from Part IV, line 2)... 39,621
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 800,879 817,805  
12 Total. Add lines 1 through 11........ 956,948 973,874  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 41,026 20,513   20,513
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 57,611 1,035   0
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 96 48   48
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 98,733 21,596   20,561
25 Contributions, gifts, grants paid....... 752,045 752,045
26 Total expenses and disbursements. Add lines 24 and 25 850,778 21,596   772,606
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 106,170
b Net investment income (if negative, enter -0-) 952,278
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............. 2,037,068 2,466,833 2,466,833
2 Savings and temporary cash investments.........      
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) 495,857 Click to see attachment413,864 450,905
b Investments—corporate stock (attach schedule)....... 1,331,670 Click to see attachment1,361,588 2,762,025
c Investments—corporate bonds (attach schedule)....... 1,004,108 Click to see attachment976,537 1,045,657
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 14,687,923 Click to see attachment14,444,974 19,325,933
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) 19,556,626 19,663,796 26,051,353
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........ 13,297,780 13,297,780
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 6,258,846 6,366,016
29 Total net assets or fund balances (see instructions)..... 19,556,626 19,663,796
30 Total liabilities and net assets/fund balances (see instructions). 19,556,626 19,663,796
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
19,556,626
2
Enter amount from Part I, line 27a .....................
2
106,170
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
1,000
4
Add lines 1, 2, and 3 ..........................
4
19,663,796
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
19,663,796
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 CHARLES SCHWAB [5394]      
b CHARLES SCHWAB [5394]      
c
d
e
(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 1,168,820   1,164,043 4,777
b 925,225   890,381 34,844
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       4,777
b       34,844
c
d
e
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 39,621
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 13,237
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 13,237
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 13,237
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 27,920
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 27,920
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 14,683
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet14,683 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)
    bulletIN, MI
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletROBIN OARE BUTLER CURTIS Telephone no.bullet (574) 339-7252

    Located atbullet1999 MORRIS DRIVENILESMI ZIP+4bullet49120
    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
     
     
    ........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
    ERNEST M OARE PRESIDENT
    0.00     		0 0 0
    7351 LEIGH ROAD
    WARRENTON,VA20186
    KEVIN J BUTLER TREASURER
    0.00     		0 0 0
    726 EAST WASHIGTON ST
    SOUTH BEND,IN46617
    LISA OARE SHANKS NEALE SECRETARY
    0.00     		0 0 0
    9006 DAYFLOWER
    PROSPECT,KY40059
    ROBIN OARE BUTLER CURTIS VICE PRESIDENT
    0.00     		0 0 0
    1999 MORRIS DRIVE
    NILES,MI49120
    MOREY OARE DIRECTOR
    0.00     		0 0 0
    168 PINNACLE COURT
    WARRENTON,VA20186
    JAMES R BUTLER DIRECTOR
    0.00     		0 0 0
    1333 OAK STREET UNIT A1
    NILES,MI49120
    ROBERT L OARE III DIRECTOR
    0.00     		0 0 0
    13621 NW 112TH AVE
    ALACHUA,FL32615
    BRUCE J BONDURANT DIRECTOR
    0.00     		0 0 0
    209 E POKAGON
    SOUTH BEND,IN46671
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    4,071,044
    b
    Average of monthly cash balances.......................
    1b
    2,251,955
    c
    Fair market value of all other assets (see instructions)................
    1c
    17,951,004
    d
    Total (add lines 1a, b, and c).........................
    1d
    24,274,003
    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
    24,274,003
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    364,110
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    23,909,893
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,195,495
    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
    1,195,495
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    13,237
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    13,237
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,182,258
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    1,000
    5
    Add lines 3 and 4............................
    5
    1,183,258
    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
    1,183,258
    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
    772,606
    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
    772,606
    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
    772,606
    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 1,183,258
    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...... 213,974
    b From 2016...... 51,014
    c From 2017...... 195,949
    d From 2018...... 111,108
    e From 2019......  
    fTotal of lines 3a through e........ 572,045
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 772,606
    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..... 772,606
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 410,652 410,652
    (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 5 161,393
    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 ......     		161,393
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017.... 50,285
    c Excess from 2018.... 111,108
    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).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    ROBIN O BUTLER CURTIS
    1999 MORRIS DRIVE
    NILES,MI49120
    (574) 339-7252
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATIONS SHOULD BE WRITTEN AND INCLUDE INFORMATION WHICH SUPPORTS THAT THE REQUESTING ORGANIZATION IS OF AN EDUCATIONAL, SCIENTIFIC, LITERARY, RELIGIOUS OR CHARITABLE NATURE.
    cAny submission deadlines:
    THE APPLICATION SHOULD BE FILED SO AS TO ALLOW REASONABLE TIME TO ACT ON APPLICATION.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    APPLICATIONS WILL BE CONSIDERED FOR ORGANIZATIONS OPERATED EXCLUSIVELY FOR ONE OR MORE OF THE FOLLOWING PURPOSES: EDUCATIONAL; SCIENTIFIC; LITERARY; RELIGIOUS; OR CHARITABLE. AT PRESENT, NO SCHOLARSHIPS OR GRANTS ARE GIVEN TO ANY INDIVIDUAL PERSON(S).
    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
    ALCOHOL & ADDICTION RECOVERY CENTER
    818 EAST JEFFERSON BLVD
    SOUTH BEND,IN46617     		NONE PC GENERAL 1,000
    BACKPACKS FOR BETH INC
    5007 HICKORY HILL DR
    LAGRANGE,KY40031     		NONE PC GENERAL 10,000
    BERRIEN COMMUNITY FOUNDATION
    2900 S STATE ST 2E
    ST JOSEPH,MI49085     		NONE PC COVID 19 RELIEF 5,000
    BLOWING ROCK CHARITY HORSE SHOW FDN
    P O BOX 650
    BLOWING ROCK,NC28605     		NONE PC GENERAL 4,000
    BRIAN PARKER MEMORIAL FOUNDATION
    433 SOUTH ST JOSEPH STREET
    NILES,MI49120     		NONE PC GENERAL 1,000
    BUTLER UNIVERSITY
    4600 SUNSET AVENUE
    INDIANAPOLIS,IN46208     		NONE PC GENERAL 500
    CAMP EBERHART ALUMNI ASSCOCIATION INC
    316 EDDY STREET
    SOUTH BEND,IN46617     		NONE PC GENERAL 45,500
    CAMP KULAQUA
    23400 NW 212TH AVE
    HIGH SPRINGS,FL32643     		NONE PC GENERAL 6,500
    CHILD ADVOCACY CENTER
    PO BOX 13454
    GAINESVILLE,FL32604     		NONE PC GENERAL 15,000
    CHILDREN'S HOSPITAL COLORADO FOUNDATION
    13123 EAST 16TH AVE BOX 45
    AURORA,CO80045     		NONE PC LUKE MORIN FUND 10,000
    COMMUNITY FOUNDATION ST JOSEPH COUNTY
    205 W JEFFERSON BLVD 610
    SOUTH BEND,IN46601     		NONE PC GENERAL 10,000
    CONVERSE COLLEGE
    580 EAST MAIN STREET
    SPARTANBURG,SC29302     		NONE PC CAPITAL PROJECT/PELL DORM 500
    CULTIVATE
    1403 PRAIRIE AVE
    SOUTH BEND,IN46613     		NONE PC ELEMENTARY SCHOOL STUDENTS FOOD PROGRAM 10,000
    DANNY & RON'S RESCUE
    PO BOX 604
    CAMDEN,SC29021     		NONE PC GENERAL 500
    DEERFIELD ACADEMY
    ALBANY ROAD
    DEERFIELD,MA01342     		NONE PC GENERAL 1,000
    DUKE CHILDREN'S
    PO BOX 33189
    RALIEGH,NC27636     		NONE PC GENERAL 500
    EDUCATIONAL FOUNDATION INC
    PO BOX 2446
    CHAPEL HILL,NC27515     		NONE PC GENERAL 10,000
    EQUESTRIAN AID FOUNDATION
    11924 W FOREST HILL BLVD 10A-377
    WELLINGTON,FL33414     		NONE PC GENERAL 500
    FIRST RESPONDER K9 SERVICE DOGS
    107 AMELIA ST
    FREDERICKSBURG,VA22401     		NONE PC GENERAL 2,000
    FLAGLER COUNTY EDUCATION FOUNDATION
    1769 EAST MOODY BLVD BUILDING 2
    BUNNELL,FL32110     		NONE PC GENERAL 2,500
    FLORIDA HOSPITAL MEMORIAL FOUNDATION
    770 W GRENADA BLVD SUITE 205
    ORMOND BEACH,FL32174     		NONE PC STUART MEYER HOSPICE FOUNDATION 4,000
    HAMMOCK COMMUNITY CHURCH
    5299 OCEANSHORE BLVD
    PALM COAST,FL32137     		NONE PC GENERAL 5,000
    HIGHLAND SCHOOL
    597 BROADWAY AVENUE
    WARRENTON,VA20186     		NONE PC GENERAL 3,500
    HOSPICE FOUNDATION
    501 COMFORT PLACE
    MISHAWAKA,IN46545     		NONE PC ANNUAL FUND 10,000
    JOHNS HOPKINS UNIVERSITY & MEDICINE
    PO BOX 17073
    BALTIMORE,MD21297     		NONE PC GENERAL 1,000
    LOGAN FOUNDATION
    PO BOX 1049
    SOUTH BEND,IN46624     		NONE PC GENERAL 10,000
    MERCY HEALTH FOUNDATION-ST LOUIS
    6155 NEW BALLAS ROAD
    ST LOUIS,MO63141     		NONE PC GENERAL 20,000
    METROPOLITAN MINISTRIES
    2002 NORTH FLORIDA AVENUE
    TAMPA,FL33602     		NONE PC GENERAL 5,000
    MICHIGAN GATEWAY COMMUNITY FOUNDATION
    111 DAYS AVENUE
    BUCHANAN,MI49107     		NONE PC NILES FUND 10,000
    MIDDLEBURG CLASSIC HORSE SHOW
    781 LEDFORD LANE
    SMITHFIELD,VA23430     		NONE PC GENERAL 1,000
    MILL CREAK FARM RETIREMENT HOME FOR HORSES
    20307 NW CR 235A
    ALACHUA,FL32615     		NONE PC GENERAL 8,000
    NATIONAL HORSE SHOW ASSOCIATION
    PO BOX 386
    GREENVALE,NY11548     		NONE PC GENERAL 7,500
    NATIONAL SPORTING LIBRARY & MUSEUM
    PO BOX 1335
    MIDDLEBURG,VA20118     		NONE PC GENERAL 2,500
    NILES FESTIVALS & MUSIC
    103 S LINCOLN AVE
    NILES,MI49120     		NONE PC GENERAL 5,000
    NILES MAIN STREET INITIATIVE
    210 MAIN STREET
    NILES,MI49120     		NONE PC GENERAL 10,000
    NILES-BUCHANAN YMCA
    905 N FRONT STREET
    NILES,MI49120     		NONE PC GENERAL 20,000
    NORTON HEALTHCARE
    234 E GRAY STREET SUITE 450
    LOUISVILLE,KY40202     		NONE PC GENERAL 10,000
    ONE GOOD DEED MICHIANA
    103 S LINCOLN AVE
    NILES,MI49120     		NONE PC GENERAL 1,000
    PEOPLE'S MUSIC SCHOOL
    931 W EASTWOOD AVE
    CHICAGO,IL60640     		NONE PC GENERAL 5,000
    PROTESTANT EPISCOPAL CHURCH
    10 IROQUOIS TRAIL
    ORMOND BEACH,FL32174     		NONE PC OPERATION CARING THROUGH SHARING 3,000
    REAL SERVICES
    1151 S MICHIGAN STREET
    SOUTH BEND,IN46601     		NONE PC MEALS ON WHEELS 7,000
    RESIDENTIAL OPPORTUNITIES INC
    1100 S ROSE STREET
    KALAMAZOO,MI49001     		NONE PC TRANSITION HOME 10,000
    SANTA FE BABE RUTH CAP RIPKEN INC
    PO BOX 1720
    ALACHUA,FL32616     		NONE PC GENERAL 2,500
    SANTA FE COLLEGE TEACHING ZOO
    3000 NW 83RD STREET
    GAINESVILLE,FL32606     		NONE PC GENERAL 5,500
    SNITE MUSEUM OF ART
    UNIVERSITY OF NOTRE DAME PO BOX 368
    NOTRE DAME,IN46556     		NONE PC GENERAL 1,250
    SOUTH BEND CENTER FOR THE HOMELESS
    813 S MICHIGAN ST
    SOUTH BEND,IN46601     		NONE PC GENERAL 29,520
    SOUTH BEND SYMPHONY
    127 NORTH MICHIGAN STREET
    SOUTH BEND,IN46601     		NONE PC GENERAL 25,000
    SPECTRUM HEALTH-LAKELAND FOUNDATION
    31 NORTH ST JOSEPH
    NILES,MI49120     		NONE PC NILES RIVER WALK & GENERAL FUND 30,000
    THE HEALING PLACE
    1020 WEST MARKET STREET
    LOUISVILLE,KY40202     		NONE PC GENERAL 5,000
    THE HISTORY MUSEUM
    808 WEST WASHINGTON
    SOUTH BEND,IN46601     		NONE PC GENERAL 5,000
    TOKEN III CLUB
    4014 DUTCHMANS LANE SUITE 17
    LOUSIVILLE,KY40207     		NONE PC GENERAL 5,000
    UNITED STATES HUNTER JUMPER ASSOCIATION
    3870 CIGAR LANE
    LEXINGTON,KY40511     		NONE PC CAPITAL CAMPAIGN 10,975
    UNIVERSITY OF NORTH CAROLINA
    PO BOX 309
    CHAPEL HILL,NC27514     		NONE PC ARTS & SCIENCES FUND 2,500
    UNIVERSITY OF NOTRE DAME
    405 MAIN BUILDING
    NOTRE DAME,IN46556     		NONE PC FIGHTING IRISH INITIATIVE/VETERANS PROGRAM 207,500
    UPPERVILLE COLT & HORSE SHOW INC
    PO BOX 239
    UPPERVILLE,VA20185     		NONE PC GENERAL 6,300
    VIRGINIA HORSE CENTER FOUNDATION
    487 MAURY RIVER ROAD
    LEXINGTON,VA24450     		NONE PC GENERAL 30,000
    WARRENTON UNITED METHODIST CHURCH
    BUILDING FUND 341 CHURCH STREET
    WARRENTON,VA20186     		NONE PC GENERAL 2,000
    WARRENTON VOLUNTEER FIRE DEPT COMPANY
    167 WEST SHIRLEY AVE WARRENTON
    WARRENTON,VA20186     		NONE PC GENERAL 1,000
    WASHINGTON INTERNATIONAL HORSE SHOW
    3299 K STREET NW SUITE 600
    WASHINGTON,DC20007     		NONE PC GENERAL 6,000
    WESTERN MICHIGAN UNIVERSITY
    1903 W MICHIGAN AVE KALAMAZOO
    KALAMAZOO,MI49008     		NONE PC FORT ST. JOSEPH PROJECT 5,000
    WOMENS CARE CENTER
    360 NORTH NOTRE DAME AVE
    SOUTH BEND,IN46617     		NONE PC GENERAL 15,000
    YMCA OF LOUISVILLE
    11000 BROWNSBORO ROAD
    PROSPECT,KY40059     		NONE PC GENERAL 7,500
    MAYO FOUNDATION
    4500 SAN PABLO ROAD
    JACKSONVILLE,FL32224     		NONE PC GENERAL 55,000
    Total .................................bullet 3a 752,045
    bApproved for future payment
    UNIVERSITY OF NOTRE DAME
    405 MAIN BUILDING
    NOTRE DAME,IN46556     		NONE PC STUDENT ENRICHMENT PROGRAM 600,000
    THE MAYO FOUNDATION
    200 1ST STREET SW
    ROCHESTER,MN55905     		NONE PC ALZHEIMERS RESEARCH 200,000
    CAMP EBERHART ALUMNI ASSCOCIATION INC
    316 S EDDY STREET
    SOUTH BEND,IN46617     		NONE PC GENERAL 20,000
    CAMP EBERHART ALUMNI ASSCOCIATION INC
    316 S EDDY STREET
    SOUTH BEND,IN46617     		NONE PC CAPITAL CAMPAIGN 60,000
    YMCA NILES-BUCHANAN
    905 N FRONT STREET
    NILES,MI49120     		NONE PC YOUTH CENTER ADDITION 10,000
    REAL SERVICES
    1151 S MICHIGAN AVE
    SOUTH BEND,IN46601     		NONE PC GENERAL 14,000
    MERCY HEALTH FOUNDATION
    615 N MICHIGAN STREET
    SOUTH BEND,IN46601     		NONE PC GENERAL 20,000
    Total .................................bullet 3b 924,000
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 116,448  
    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 39,621  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aINCOME FROM BESPOKE CAPITAL STRATEGIES LP SERIES TAX-EXEMPT HEDGE EQUITY     		    14 150,691  
    bINCOME FROM BESPOKE PRIVATE STRATEGIES TE 2014     14 44,532  
    cINCOME FROM BESPOKE PRIVATE STRATEGIES TE 2015 531390 -16,477 14 14,532  
    dINCOME FROM BESPOKE PRIVATE STRATEGIES TE 2016 531390 -3,052 14 1,877  
    eINCOME FROM BESPOKE PRIVATE STRATEGIES TE 2017     14 57,044  
    fINCOME FROM BESPOKE PRIVATE STRATEGIES TE 2019 531390 -1,360 14 -1,894  
    gINCOME FROM BESPOKE CAPITAL STRATEGIES LP SERIES TAX-EXEMPT ABSOLUTE STRAT.     14    
    hINCOME FROM BESPOKE CAPITAL STRATEGIES LP SERIES TAX-EXEMPT CREDIT OPP SER 531390 3,963 14 18,362  
    iINCOME FROM BESPOKE CAPITAL STRATEGIES LP SERIES TAX-EXEMPT FIXED INCOME STR     14 75,660  
    jINCOME FROM BESPOKE CAPITAL STRATEGIES LP SERIES TAX-EXEMPT GLOBAL EQUITY     14 452,453  
    kNONDIVIDEND DISTRIBUTIONS     14 2,688  
    lINCOME FROM BESPOKE PRIVATE STRATEGIES TE 2018     14 1,860  
    12 Subtotal. Add columns (b), (d), and (e).. -16,926 973,874 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    956,948
    (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

    Form 990PF Part XV Line 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
    ALCOHOL & ADDICTION RECOVERY CENTER818 EAST JEFFERSON BLVD
    SOUTH BEND,IN46617     		NONE PC GENERAL 1,000
    BACKPACKS FOR BETH INC5007 HICKORY HILL DR
    LAGRANGE,KY40031     		NONE PC GENERAL 10,000
    BERRIEN COMMUNITY FOUNDATION2900 S STATE ST 2E
    ST JOSEPH,MI49085     		NONE PC COVID 19 RELIEF 5,000
    BLOWING ROCK CHARITY HORSE SHOW FDNP O BOX 650
    BLOWING ROCK,NC28605     		NONE PC GENERAL 4,000
    BRIAN PARKER MEMORIAL FOUNDATION433 SOUTH ST JOSEPH STREET
    NILES,MI49120     		NONE PC GENERAL 1,000
    BUTLER UNIVERSITY4600 SUNSET AVENUE
    INDIANAPOLIS,IN46208     		NONE PC GENERAL 500
    CAMP EBERHART ALUMNI ASSCOCIATION INC316 EDDY STREET
    SOUTH BEND,IN46617     		NONE PC GENERAL 45,500
    CAMP KULAQUA23400 NW 212TH AVE
    HIGH SPRINGS,FL32643     		NONE PC GENERAL 6,500
    CHILD ADVOCACY CENTERPO BOX 13454
    GAINESVILLE,FL32604     		NONE PC GENERAL 15,000
    CHILDREN'S HOSPITAL COLORADO FOUNDATION13123 EAST 16TH AVE BOX 45
    AURORA,CO80045     		NONE PC LUKE MORIN FUND 10,000
    COMMUNITY FOUNDATION ST JOSEPH COUNTY205 W JEFFERSON BLVD 610
    SOUTH BEND,IN46601     		NONE PC GENERAL 10,000
    CONVERSE COLLEGE580 EAST MAIN STREET
    SPARTANBURG,SC29302     		NONE PC CAPITAL PROJECT/PELL DORM 500
    CULTIVATE1403 PRAIRIE AVE
    SOUTH BEND,IN46613     		NONE PC ELEMENTARY SCHOOL STUDENTS FOOD PROGRAM 10,000
    DANNY & RON'S RESCUEPO BOX 604
    CAMDEN,SC29021     		NONE PC GENERAL 500
    DEERFIELD ACADEMYALBANY ROAD
    DEERFIELD,MA01342     		NONE PC GENERAL 1,000
    DUKE CHILDREN'SPO BOX 33189
    RALIEGH,NC27636     		NONE PC GENERAL 500
    EDUCATIONAL FOUNDATION INCPO BOX 2446
    CHAPEL HILL,NC27515     		NONE PC GENERAL 10,000
    EQUESTRIAN AID FOUNDATION11924 W FOREST HILL BLVD 10A-377
    WELLINGTON,FL33414     		NONE PC GENERAL 500
    FIRST RESPONDER K9 SERVICE DOGS107 AMELIA ST
    FREDERICKSBURG,VA22401     		NONE PC GENERAL 2,000
    FLAGLER COUNTY EDUCATION FOUNDATION1769 EAST MOODY BLVD BUILDING 2
    BUNNELL,FL32110     		NONE PC GENERAL 2,500
    FLORIDA HOSPITAL MEMORIAL FOUNDATION770 W GRENADA BLVD SUITE 205
    ORMOND BEACH,FL32174     		NONE PC STUART MEYER HOSPICE FOUNDATION 4,000
    HAMMOCK COMMUNITY CHURCH5299 OCEANSHORE BLVD
    PALM COAST,FL32137     		NONE PC GENERAL 5,000
    HIGHLAND SCHOOL597 BROADWAY AVENUE
    WARRENTON,VA20186     		NONE PC GENERAL 3,500
    HOSPICE FOUNDATION501 COMFORT PLACE
    MISHAWAKA,IN46545     		NONE PC ANNUAL FUND 10,000
    JOHNS HOPKINS UNIVERSITY & MEDICINEPO BOX 17073
    BALTIMORE,MD21297     		NONE PC GENERAL 1,000
    LOGAN FOUNDATIONPO BOX 1049
    SOUTH BEND,IN46624     		NONE PC GENERAL 10,000
    MERCY HEALTH FOUNDATION-ST LOUIS6155 NEW BALLAS ROAD
    ST LOUIS,MO63141     		NONE PC GENERAL 20,000
    METROPOLITAN MINISTRIES2002 NORTH FLORIDA AVENUE
    TAMPA,FL33602     		NONE PC GENERAL 5,000
    MICHIGAN GATEWAY COMMUNITY FOUNDATION111 DAYS AVENUE
    BUCHANAN,MI49107     		NONE PC NILES FUND 10,000
    MIDDLEBURG CLASSIC HORSE SHOW781 LEDFORD LANE
    SMITHFIELD,VA23430     		NONE PC GENERAL 1,000
    MILL CREAK FARM RETIREMENT HOME FOR HORSES20307 NW CR 235A
    ALACHUA,FL32615     		NONE PC GENERAL 8,000
    NATIONAL HORSE SHOW ASSOCIATIONPO BOX 386
    GREENVALE,NY11548     		NONE PC GENERAL 7,500
    NATIONAL SPORTING LIBRARY & MUSEUMPO BOX 1335
    MIDDLEBURG,VA20118     		NONE PC GENERAL 2,500
    NILES FESTIVALS & MUSIC103 S LINCOLN AVE
    NILES,MI49120     		NONE PC GENERAL 5,000
    NILES MAIN STREET INITIATIVE210 MAIN STREET
    NILES,MI49120     		NONE PC GENERAL 10,000
    NILES-BUCHANAN YMCA905 N FRONT STREET
    NILES,MI49120     		NONE PC GENERAL 20,000
    NORTON HEALTHCARE234 E GRAY STREET SUITE 450
    LOUISVILLE,KY40202     		NONE PC GENERAL 10,000
    ONE GOOD DEED MICHIANA103 S LINCOLN AVE
    NILES,MI49120     		NONE PC GENERAL 1,000
    PEOPLE'S MUSIC SCHOOL931 W EASTWOOD AVE
    CHICAGO,IL60640     		NONE PC GENERAL 5,000
    PROTESTANT EPISCOPAL CHURCH10 IROQUOIS TRAIL
    ORMOND BEACH,FL32174     		NONE PC OPERATION CARING THROUGH SHARING 3,000
    REAL SERVICES1151 S MICHIGAN STREET
    SOUTH BEND,IN46601     		NONE PC MEALS ON WHEELS 7,000
    RESIDENTIAL OPPORTUNITIES INC1100 S ROSE STREET
    KALAMAZOO,MI49001     		NONE PC TRANSITION HOME 10,000
    SANTA FE BABE RUTH CAP RIPKEN INCPO BOX 1720
    ALACHUA,FL32616     		NONE PC GENERAL 2,500
    SANTA FE COLLEGE TEACHING ZOO3000 NW 83RD STREET
    GAINESVILLE,FL32606     		NONE PC GENERAL 5,500
    SNITE MUSEUM OF ARTUNIVERSITY OF NOTRE DAME PO BOX 368
    NOTRE DAME,IN46556     		NONE PC GENERAL 1,250
    SOUTH BEND CENTER FOR THE HOMELESS813 S MICHIGAN ST
    SOUTH BEND,IN46601     		NONE PC GENERAL 29,520
    SOUTH BEND SYMPHONY127 NORTH MICHIGAN STREET
    SOUTH BEND,IN46601     		NONE PC GENERAL 25,000
    SPECTRUM HEALTH-LAKELAND FOUNDATION31 NORTH ST JOSEPH
    NILES,MI49120     		NONE PC NILES RIVER WALK & GENERAL FUND 30,000
    THE HEALING PLACE1020 WEST MARKET STREET
    LOUISVILLE,KY40202     		NONE PC GENERAL 5,000
    THE HISTORY MUSEUM808 WEST WASHINGTON
    SOUTH BEND,IN46601     		NONE PC GENERAL 5,000
    TOKEN III CLUB4014 DUTCHMANS LANE SUITE 17
    LOUSIVILLE,KY40207     		NONE PC GENERAL 5,000
    UNITED STATES HUNTER JUMPER ASSOCIATION3870 CIGAR LANE
    LEXINGTON,KY40511     		NONE PC CAPITAL CAMPAIGN 10,975
    UNIVERSITY OF NORTH CAROLINAPO BOX 309
    CHAPEL HILL,NC27514     		NONE PC ARTS & SCIENCES FUND 2,500
    UNIVERSITY OF NOTRE DAME405 MAIN BUILDING
    NOTRE DAME,IN46556     		NONE PC FIGHTING IRISH INITIATIVE/VETERANS PROGRAM 207,500
    UPPERVILLE COLT & HORSE SHOW INCPO BOX 239
    UPPERVILLE,VA20185     		NONE PC GENERAL 6,300
    VIRGINIA HORSE CENTER FOUNDATION487 MAURY RIVER ROAD
    LEXINGTON,VA24450     		NONE PC GENERAL 30,000
    WARRENTON UNITED METHODIST CHURCHBUILDING FUND 341 CHURCH STREET
    WARRENTON,VA20186     		NONE PC GENERAL 2,000
    WARRENTON VOLUNTEER FIRE DEPT COMPANY167 WEST SHIRLEY AVE WARRENTON
    WARRENTON,VA20186     		NONE PC GENERAL 1,000
    WASHINGTON INTERNATIONAL HORSE SHOW3299 K STREET NW SUITE 600
    WASHINGTON,DC20007     		NONE PC GENERAL 6,000
    WESTERN MICHIGAN UNIVERSITY1903 W MICHIGAN AVE KALAMAZOO
    KALAMAZOO,MI49008     		NONE PC FORT ST. JOSEPH PROJECT 5,000
    WOMENS CARE CENTER360 NORTH NOTRE DAME AVE
    SOUTH BEND,IN46617     		NONE PC GENERAL 15,000
    YMCA OF LOUISVILLE11000 BROWNSBORO ROAD
    PROSPECT,KY40059     		NONE PC GENERAL 7,500
    MAYO FOUNDATION4500 SAN PABLO ROAD
    JACKSONVILLE,FL32224     		NONE PC GENERAL 55,000
    Total ...............................bullet 3a 752,045
    bApproved for future payment
    UNIVERSITY OF NOTRE DAME405 MAIN BUILDING
    NOTRE DAME,IN46556     		NONE PC STUDENT ENRICHMENT PROGRAM 600,000
    THE MAYO FOUNDATION200 1ST STREET SW
    ROCHESTER,MN55905     		NONE PC ALZHEIMERS RESEARCH 200,000
    CAMP EBERHART ALUMNI ASSCOCIATION INC316 S EDDY STREET
    SOUTH BEND,IN46617     		NONE PC GENERAL 20,000
    CAMP EBERHART ALUMNI ASSCOCIATION INC316 S EDDY STREET
    SOUTH BEND,IN46617     		NONE PC CAPITAL CAMPAIGN 60,000
    YMCA NILES-BUCHANAN905 N FRONT STREET
    NILES,MI49120     		NONE PC YOUTH CENTER ADDITION 10,000
    REAL SERVICES1151 S MICHIGAN AVE
    SOUTH BEND,IN46601     		NONE PC GENERAL 14,000
    MERCY HEALTH FOUNDATION615 N MICHIGAN STREET
    SOUTH BEND,IN46601     		NONE PC GENERAL 20,000
    Total ................................bullet 3b 924,000

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    THE LEIGHTON-OARE FOUNDATION INC
    EIN:
    35-6034243
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ACCRUED INTEREST ON VARIABLE RATE CORPORATE BONDS 0 4
    ACCRUED INTEREST ON CORPORATE BONDS 0 7,082
    3M COMPANY 35,420 38,076
    AIR LEASE CORP 29,796 30,802
    ALPHABET INC 29,401 32,167
    AMGEN INC 29,751 30,928
    BB&T CORPORATION 34,994 35,000
    CARDINAL HEALTH INC 35,025 36,025
    CHUBB INA HOLDING INC 30,264 33,808
    COLGATE PALMOLIVE CO 39,415 41,392
    COMCAST CORP 30,650 33,858
    DUKE ENERGY PROGRESS LCC 31,126 34,847
    EXXON MOBIL CORP 30,158 32,305
    GENERAL DYNAMICS CORP 34,251 38,171
    GLAXOSMITHKLINE CAPITAL 36,184 37,712
    HOME DEPOT INC 29,991 31,028
    ILLINOIS TOOL WORKS INC 34,877 38,082
    INTEL CORP 34,762 37,768
    LINDE INC/CT 29,945 29,686
    ORACLE CORP 28,836 31,183
    PAYPAL HOLDINGS INC 32,863 32,976
    PEPSICO INC 34,777 38,752
    PFIZER INC 30,598 33,150
    PROLOGIS LP 29,990 32,192
    STRYKER CORP 36,001 39,562
    THE WALT DISNEY COMPANY 29,912 32,111
    TOYOTA MOTOR CREDIT CORP 29,987 30,153
    UNION PACIFIC CORP 30,071 31,829
    UNITEDHEALTH GROUP INC 35,186 39,877
    US BANCORP 36,003 38,708
    VISA INC 31,293 31,392
    WAL MART INC 35,010 35,031

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    THE LEIGHTON-OARE FOUNDATION INC
    EIN:
    35-6034243
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ALPHABET INC CL A 42,880 101,653
    AMAZON.COM INC COM 24,534 113,993
    AMERICAN TOWER CORP CL A 15,073 25,813
    AMERIPRISE FINL INC COM 37,511 57,327
    AMGEN INC COM 9,293 25,291
    ANTHEM INC. 30,562 35,320
    APPLE INC COM 9,077 139,988
    BOOKING HOLDINGS INC 49,193 66,818
    BROADCOM LTD 15,538 35,028
    CHEVRON CORP NEW COM 27,039 37,158
    CHUBB LTD 18,362 24,627
    CISCO SYS INC 20,886 61,755
    COMCAST CORP NEW CL A 7,973 53,972
    COMMUNICATION SERVICES SELECT SECTOR SPDR 19,692 29,016
    CVS HEALTH CORPORATION COM 41,955 45,078
    DISNEY WALT CO COM DISNEY 31,962 52,542
    DOLLAR TREE INC COM 9,276 42,136
    EASTMAN CHEM CO COM 36,049 48,134
    EATON CORP COM 24,274 61,872
    EXXON MOBIL CORP COM 25,789 13,190
    FACEBOOK INC - A 62,391 86,045
    GOLDMAN SACHS GROUP INC COM 42,707 58,016
    HOME DEPOT INC COM 21,426 47,812
    ISHARES EXPANDED TECH-SW SECTOR ETF 38,227 72,591
    ISHARES PHLX SEMICONDUCTOR ETF 19,898 41,710
    JPMORGAN CHASE 4,903 77,513
    LOCKHEED MARTIN CORP COM 16,641 19,524
    LOWES COS INC COM 23,086 48,956
    MERCK & CO INC NEW COM 35,973 53,170
    MICROSOFT CORP COM 16,275 111,210
    MORGAN STANLEY 28,825 57,565
    NORFOLK SOUTHERN CORP COM 11,595 52,274
    ORACLE CORP COM 21,964 58,221
    PEPSICO INC COM 36,328 51,905
    PFIZER INC COM 30,903 33,129
    PNC FINL SVCS GROUP INC COM 18,629 47,680
    SELECT SECTOR SPDR TR SBI CONS STPLS 29,360 36,086
    SPDR SERIES TRUST PRTFLO S&P500 GW 16,373 26,539
    SPDR PORTFOLIO S&P 500 VALUE ETF 49,542 68,780
    RAYTHEON TECHNOLOGIES CORP 21,607 25,029
    TARGET CORP COM 36,100 55,607
    THERMO FISHER SCIENTIFIC INC COM 5,703 51,236
    TJX COS INC NEW COM 16,975 51,900
    TOTALENERGIES SE 32,813 28,289
    TRANE TECHNOLOGIES PLC 22,840 49,354
    TRUIST FINANCIAL CORP 52,712 64,226
    UNITED PARCEL SERVICE INC CL B 16,740 30,312
    UNITEDHEALTH GROUP INC COM 17,226 45,588
    VANGUARD S AND P 500 ETF 34,855 49,835
    VANGUARD WORLD FDS INF TECH ETF 38,762 114,982
    VISA INC COM CL A 29,517 48,121
    WALMART INC COM 13,774 28,109

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    THE LEIGHTON-OARE FOUNDATION INC
    EIN:
    35-6034243
    US Government Securities - End of Year Book Value:

    413,864
    US Government Securities - End of Year Fair Market Value:

    450,905
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2020 InvestmentsOtherSchedule2
    Name:
    THE LEIGHTON-OARE FOUNDATION INC
    EIN:
    35-6034243
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    INVESTMENT IN BESPOKE CAPITAL STRATEGIES T/E ABSOLUTE STRATEGIES AT COST 1,892,324 1,869,605
    INVESTMENT IN BESPOKE CAPITAL STRATEGIES T/E FIXED INCOME STRATEGIES AT COST 1,307,133 1,352,749
    INVESTMENT IN BESPOKE CAPITAL STRATEGIES T/E GLOBAL EQUITY AT COST 5,771,522 8,423,770
    INVESTMENT IN BESPOKE CAPITAL STRATEGIES T/E HEDGED EQUITY AT COST 1,834,993 2,827,833
    INVESTMENT IN BESPOKE PRIVATE STRATEGIES SERIES TAX EXEMPT 2014 AT COST 455,228 529,676
    INVESTMENT IN BESPOKE PRIVATE STRATEGIES SERIES TAX EXEMPT 2015 AT COST 309,349 353,755
    INVESTMENT IN BESPOKE PRIVATE STRATEGIES SERIES TAX EXEMPT 2016 AT COST 431,309 745,455
    INVESTMENT IN BESPOKE PRIVATE STRATEGIES SERIES TAX EXEMPT 2017 AT COST 509,830 1,010,529
    INVESTMENT IN BESPOKE PRIVATE STRATEGIES SERIES TAX EXEMPT 2018 AT COST 294,360 466,863
    INVESTMENT IN BESPOKE PRIVATE STRATEGIES SERIES TAX EXEMPT 2019 AT COST 551,363 624,115
    INVESTMENT IN BESPOKE PRIVATE STRATEGIES SERIES TAX EXEMPT 2020 AT COST 306,000 353,013
    INVESTMENT IN TAX EXEMPT CREDIT OPPORTUNITIES SERIES AT COST 142,159 138,297
    T. ROWE PRICE HIGH YIELD FUND AT COST 238,402 240,750
    STONE RIDGE HIGH YIELD REINSURANCE RISK PREMIUM FUND AT COST 149,950 133,779
    STONE RIDGE REINSURANCE RISK PREMIUM INTERVAL FUND AT COST 21,060 16,694
    VANGUARD FIXED INCOME SECS FD STRM INVGRA AD AT COST 229,992 239,050

    TY 2020 OtherExpensesSchedule
    Name:
    THE LEIGHTON-OARE FOUNDATION INC
    EIN:
    35-6034243
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE EXPENSES 96 48   48


    TY 2020 OtherIncomeSchedule2
    Name:
    THE LEIGHTON-OARE FOUNDATION INC
    EIN:
    35-6034243
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    INCOME FROM BESPOKE CAPITAL STRATEGIES LP SERIES TAX-EXEMPT HEDGE EQUITY 150,691 150,691 150,691
    INCOME FROM BESPOKE PRIVATE STRATEGIES TE 2014 44,532 44,532 44,532
    INCOME FROM BESPOKE PRIVATE STRATEGIES TE 2015 -1,945 14,532 -1,945
    INCOME FROM BESPOKE PRIVATE STRATEGIES TE 2016 -1,175 1,877 -1,175
    INCOME FROM BESPOKE PRIVATE STRATEGIES TE 2017 57,044 57,044 57,044
    INCOME FROM BESPOKE PRIVATE STRATEGIES TE 2019 -3,254 -1,894 -3,254
    INCOME FROM BESPOKE CAPITAL STRATEGIES LP SERIES TAX-EXEMPT CREDIT OPP SER 22,325 18,362 22,325
    INCOME FROM BESPOKE CAPITAL STRATEGIES LP SERIES TAX-EXEMPT FIXED INCOME STR 75,660 75,660 75,660
    INCOME FROM BESPOKE CAPITAL STRATEGIES LP SERIES TAX-EXEMPT GLOBAL EQUITY 452,453 452,453 452,453
    NONDIVIDEND DISTRIBUTIONS 2,688 2,688 2,688
    INCOME FROM BESPOKE PRIVATE STRATEGIES TE 2018 1,860 1,860 1,860


    TY 2020 OtherIncreasesSchedule
    Name:
    THE LEIGHTON-OARE FOUNDATION INC
    EIN:
    35-6034243
    Description Amount
    RETURN OF UNUSED GRANTS 1,000


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    THE LEIGHTON-OARE FOUNDATION INC
    EIN:
    35-6034243
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADMINISTRATIVE FEES 11,100 5,550   5,550
    ASSET MANAGEMENT FEES 22,181 11,090   11,091
    TAX PREP FEES 7,745 3,873   3,872


    TY 2020 TaxesSchedule
    Name:
    THE LEIGHTON-OARE FOUNDATION INC
    EIN:
    35-6034243
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES PAID 1,035 1,035   0
    ESTIMATED TAXES PAID 6,576 0   0
    FEDERAL TAXES PAID 50,000 0   0