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
KAAB MEMORIAL FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)2131 WOODRUFF ROAD SUITE 2100 115
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
GREENVILLE, SC29607
A Employer identification number

84-3972172
B Telephone number (see instructions)

(412) 215-9429
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$15,112,465J 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... 173,095 173,095  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -199,896
b Gross sales price for all assets on line 6a 6,629,668
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 5,713 -12,533  
12 Total. Add lines 1 through 11........ -21,088 160,562  
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)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 3,049 5,955   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 15,001 7,501   7,501
21 Travel, conferences, and meetings.......        
22 Printing and publications.......... 3,506 0   3,506
23 Other expenses (attach schedule)....... Click to see attachment 112,414 75,868   37,479
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 133,970 89,324   48,486
25 Contributions, gifts, grants paid....... 750,000 750,000
26 Total expenses and disbursements. Add lines 24 and 25 883,970 89,324   798,486
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -905,058
b Net investment income (if negative, enter -0-) 71,238
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............. 15,004,319 2,259,458 2,259,458
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)      
b Investments—corporate stock (attach schedule)....... 0 Click to see attachment8,243,405 8,962,163
c Investments—corporate bonds (attach schedule)....... 0 Click to see attachment99,750 115,046
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 0 Click to see attachment3,525,851 3,775,798
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) 15,004,319 14,128,464 15,112,465
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 15,004,319 14,128,464
29 Total net assets or fund balances (see instructions)..... 15,004,319 14,128,464
30 Total liabilities and net assets/fund balances (see instructions). 15,004,319 14,128,464
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
15,004,319
2
Enter amount from Part I, line 27a .....................
2
-905,058
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
29,203
4
Add lines 1, 2, and 3 ..........................
4
14,128,464
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
14,128,464
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 PUBLICLY TRADED SECURITIES      
b ISHARES - PTP SALE P 2020-01-10 2020-11-11
c CEDAR FAIR - PTP SALE P 2020-01-01 2020-11-17
d CAPITAL GAINS DIVIDENDS P    
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 6,529,532   6,677,860 -148,328
b 27,977   30,247 -2,270
c 57,378   104,218 -46,840
d 14,781     14,781
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       -148,328
b       -2,270
c       -46,840
d       14,781
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 -182,657
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................................ 1 990
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........................... 3 990
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- ..... 5 990
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 0
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 8,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 8,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 21
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 6,989
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet6,989 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)
    bulletNY
    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 ofbulletGLACIER PEAK II LLC Telephone no.bullet (412) 215-9429

    Located atbullet2131 WOODRUFF ROAD STE 2100 183GREENVILLESC ZIP+4bullet29607
    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
    RACHEL BIANCAMANO PRESIDENT & DIRECTOR
    30.00     		0 0 0
    2131 WOODRUFF ROAD SUITE 2100 115
    GREENVILLE,SC29607
    KAREN BATES DIRECTOR
    10.00     		0 0 0
    2131 WOODRUFF ROAD SUITE 2100 115
    GREENVILLE,SC29607
    LAURA BATES DIRECTOR
    15.00     		0 0 0
    2131 WOODRUFF ROAD SUITE 2100 115
    GREENVILLE,SC29607
    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
    7,674,674
    b
    Average of monthly cash balances.......................
    1b
    6,663,418
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    14,338,092
    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
    14,338,092
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    215,071
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    14,123,021
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    706,151
    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
    706,151
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    990
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    990
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    705,161
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    705,161
    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
    705,161
    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
    798,486
    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
    798,486
    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
    798,486
    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 7 705,161
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 369,395
    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$ 798,486
    a Applied to 2019, but not more than line 2a 369,395
    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..... 429,091
    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 ..........     		276,070
    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).)
    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
    JDRF INTERNATIONAL
    200 VESEY ST 28TH FL
    NEW YORK,NY10281     		  PC FUND A CURE - DIABETES RESEARCH 100,000
    ST JUDE CHILDRENS RESEARCH HOSPITAL INC
    501 ST JUDE PLACE
    MEMPHIS,TN38105     		  PC SUPPORT ST. JUDE'S "CARE FOR CHILDREN WITH CATASTROPHIC DISEASES" PROGRAM 300,000
    ALZHEIMERS DISEASE AND RELATED DISORDERS ASSOCIATION INC
    225 N MICHIGAN AVE SUITE 1700
    CHICAGO,IL606017633     		  PC TO SUPPORT "RAPID PROGRAM IN DEMENTIA (RAPID) FUNDING GRANT PROGRAM" IN FULLY FUNDING THREE RAPID GRANTS AND THE "VOLUNTEER-POWERED PROGRAM DELIVERY INITIATIVE (VPPDI)" IN NEW YORK CITY 300,000
    SOUTH CAROLINA SPECIAL OLYMPICS
    109 OAK PARK DRIVE
    IRMO,SC29063     		  PC TO SUPPORT "UNIFIED CHAMPION SCHOOLS" PROGRAM 50,000
    Total .................................bullet 3a 750,000
    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 ...........     		         
    4 Dividends and interest from securities....     14 173,095  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....     14 5,713  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 -199,896  
    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 -21,088 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    -21,088
    (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 InvestmentsCorpBondsSchedule
    Name:
    KAAB MEMORIAL FOUNDATION INC
    EIN:
    84-3972172
    Name of Bond End of Year Book Value End of Year Fair Market Value
    GS FIN CORP SER E MTN ZERO CPN 99,750 115,046

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    KAAB MEMORIAL FOUNDATION INC
    EIN:
    84-3972172
    Name of Stock End of Year Book Value End of Year Fair Market Value
    EQUINORA ASA SPON ADR EACH REP 1 ORD SHS 162,750 164,200
    ERICSSON SPON ADR REP 1 CL B ORD 46,532 58,256
    FIREEYE INC COM 31,611 56,197
    GOLDMAN SACHS GROUP INC COM 68,500 131,855
    HERC HLDGS INC COM 10,840 26,564
    ILLUMINA INC COM 64,189 74,000
    INOVALON HLDGS INC COM CL A 97,182 90,850
    INTEL CORP COM 123,850 124,550
    INTERNATIONAL BUS MACH CORP COM 113,427 126,635
    MEDNAX INC COM 93,617 122,700
    NEXTERA ENERGY PARTNERS LP COM UNIT 80,128 100,642
    ORACLE CORP 78,995 97,035
    PFIZER INC 237,738 257,670
    SANOFI ADR REP 99,056 97,180
    STANDEX INTERNATIONAL CORP 98,631 116,280
    STRIDE INC COM 276,907 178,332
    TELADOC HEALTH INC COM 6,060 35,393
    TETRA TECH INC 216,332 301,028
    TEXAS PACIFIC LAND TRUST 109,959 145,400
    TRULIEVE CANNABIS CORP COM NPV 12,172 31,554
    VERISK ANALYTICS INC COM 81,500 103,795
    VIATRIS INC COM 14,450 17,466
    JOHN WILEY & SONS INC 63,935 91,320
    WPX ENERGY INC COM 60,729 45,844
    XYLEM INC COM 79,166 97,108
    ACCENTURE PLC 16,258 17,501
    HORIZON PHARMA PLC COM 7,223 7,461
    IHS MARKIT LTD COM 11,561 11,318
    JOHNSON CONTROLS INTERNATIONAL PLC 10,236 10,762
    MARVELL TECH GROUP COM 7,604 8,462
    APTIV PLC COM 8,530 9,902
    CHUBB LIMITED COM 7,591 7,850
    UBS GROUP 15,203 15,146
    LOGITECH INTERNATIONAL SA 10,545 12,634
    ASML HOLDINGS NV 28,764 33,165
    FERRARI NV 9,253 10,099
    YANDEX NV 11,570 13,150
    INDUSTRIAL AND COMMERCIAL BANK OF CHINA 11,048 11,676
    ABB LTD SPON ADR EACH REP 1 ORD SHS 17,223 17,503
    AFLA INC COM 8,585 9,027
    AIA GROUP ADR 25,674 27,493
    AT&T INC COM 18,866 18,838
    ASE TECHNOLOGY HOLDING CO LTD SPON 15,984 18,431
    AU OPTRONICS CORPORATION SPON ADS 8,171 11,232
    ACTIVISION BLIZZARD INC COM 8,467 10,028
    ADECCO GROUP AG UNSP ADR EACH REPR 11,568 13,184
    ADIDAS AG ADR EA REP 12,594 14,033
    ADOBE SYSTEMS INCORPORATED COM 24,683 26,506
    ADVANCED MICRO DEVICES INC 10,507 11,555
    AGILENT TECHNOLOGIES INC COM 10,551 11,375
    AGRICULTURAL BANK-UNSPON ADR 10,053 9,963
    AKAMAI TECHNOLOGIES COM 7,689 7,874
    AKZO NOBEL NV SPON ADS EACH REP 8,204 8,564
    ALIBABA GROUP HOLDINGS LTD SPON ADS 45,688 41,193
    ALLIANZ SE UNSPON ADS EACH REP 19,887 20,996
    ALLY FINANCIAL INC COM 7,733 9,272
    ALNYLAM PHARMACEUTICALS INC 7,396 7,408
    ALPHABET INC COM STK CL A 86,592 85,879
    AMADEUS IT GROUP S A UNSPONSORED ADS 8,866 9,401
    AMAZON.COM INC 98,261 100,965
    AMERICAN EXPRESS CO COM 14,709 15,476
    AMERIPRISE FINANCIAL INC COM 9,310 9,911
    AMGEN INC 14,883 14,485
    ANGLOGOLD ASHANTI LTD SPON ADR EACH 12,089 11,717
    ANHEUSER-BUSCH INBEV SA/NV 15,289 16,079
    ANTHEM INC 9,853 9,633
    APPLE INC COM 138,888 154,717
    APPLIED MATERIALS INC COM 8,435 9,925
    ARCHROCK INC COM 8,736 10,245
    ARKEMA SA SPON ADR 8,127 8,580
    ASAHI KASEI CORP 8,394 8,906
    ASHTEAD GROUP PLC UNSPONSORED ADR 8,719 9,775
    ASSA ABLOY UNSP ADR 10,146 9,715
    ASTELLA PHARMA UNSP ADR 9,400 9,094
    ASTRAZENECA ADR REP 26,839 24,345
    ATLAS CORPCO 12,463 12,557
    ATMOS ENERGY CORP 12,492 11,833
    AUSTRALIA & NEW ZEALAND BANK GROUP 12,553 13,891
    AUTODESK INC 7,981 9,771
    AUTOMATIC DATA PROCESSING INC COM 9,632 9,691
    AVANGRID INC COM 8,839 8,090
    AXA SA SPON ADR 12,141 12,916
    BDO UNIBANK INC 7,909 9,207
    BAKER HUGHES COMPANY CL A 8,340 9,383
    BANCO SANTANDER S.A. 11,774 13,213
    BK OF AMERICA CORP 18,409 20,611
    BANK OF NEW YORK MELLON CORP COM 8,380 9,125
    BARNES GROUP INC 9,254 10,341
    BAXTER INTERNATIONAL INC COM 8,695 8,666
    BAYER AG SPON 13,399 14,052
    BAYERISCHE MOTOREN WERKE 14,012 14,435
    BEST BUY CO INC COM 7,756 6,486
    BIOMARIN PHARMACEUTICAL COM 7,393 8,506
    BIOGEN INC COM 8,828 8,570
    BOC HONG KONG HOLDINGS 12,989 12,547
    BOOKING HOLDINGS INC 12,414 13,364
    BOSTON SCIENTIFIC CORP 10,305 10,605
    BRAMBLES LTD 11,018 11,419
    BRENNTAG 7,313 7,719
    BRIDGESTONE CORP 11,792 11,046
    BRISTOL-MYERS SQUIBB CO COM 17,640 17,058
    BROADCOMM INC COM 20,409 23,644
    CIGNA CORP 10,931 10,825
    CME GROUP INC COM 8,394 9,103
    CSL LTD 23,238 22,070
    CSX CORP COM 11,909 11,798
    CVS HEALTH CORPORATION COM 9,717 9,767
    CABLE ONE INC COM 8,063 8,911
    CADENCE DESIGN SYSTEMS INC COM 9,008 10,778
    CARLSBERG AS SPONSORED REPRESENT 10,054 10,484
    CATALENT INC COM 8,430 8,430
    CATERPILLAR INC COM 11,950 12,741
    CEDAR REALTY TRUST INC COM 57,559 31,302
    CENTRAL JAPAN RAILWAY 12,322 12,393
    CHARLES RIVER LABORATORIES 8,295 8,745
    CHARTER COMMUNICATIONS INC 19,058 19,847
    CHINA LIFE INSURANCE CO 11,239 10,684
    CHINA OVERSEAS LAND & INVESTMENTS 12,708 10,948
    CHINA MERCHANTS BANK 11,852 11,817
    CHIPOTLE MEXICAN GRILL INC 10,069 11,094
    CHUGAI PHARMACEUTICAL CO 9,627 11,593
    CHUNGWA TELECOM 15,010 15,178
    CHURCH & DWIGHT CO 8,587 8,549
    CISCO SYSTEMS INC 19,475 18,392
    CINTAS CORP 7,947 7,776
    CITIZENS FINL GROUP INC COM 7,975 8,940
    CLOROX CO COM 9,949 9,692
    COLGATE-PALMOLIVE CO COM 11,055 11,031
    COMCAST CORP 23,073 24,628
    COMMERCIAL METALS CO 10,033 9,613
    COMMONWEALTH BANK OF AUSTRALIA 23,083 26,421
    COMPAGNIE DE ST-GOBAIN 8,247 8,131
    COMPAGNIE FINANCIERE RICHEMONT 12,904 13,933
    COMPANIA CERVECERIAS 8,146 8,423
    COMPASS GROUP PLC 9,156 9,278
    COMPASS MINERALS INTERNATIONAL INC 10,497 10,307
    CONSOLIDATED EDISON INC 11,368 10,046
    CONTINENTAL AG SPON ADS 10,210 11,528
    CORNING INC 8,322 8,244
    CORTEVA INC COM 7,542 7,938
    CREDIT SUISSE 15,008 16,000
    DBS GROUP HLDGS LTD 10,902 11,292
    DNB ASA SPON ADR 10,841 12,480
    DR HORTON INC COM 8,126 7,581
    DAIWA HOUSE INDUSTRY 8,559 8,191
    DANAHER CORPORATION COM 22,664 21,770
    DANONE SPONSORED FRANCE ADR 11,718 11,919
    DEERE & CO 11,705 12,376
    DENSO ADR 13,364 15,358
    DEUTSCHE BOERSE 9,116 9,865
    DIAGEO ADR 19,500 19,692
    DOCUSIGN INC COM 9,101 9,559
    DOLLAR GEN CORP 9,298 9,253
    DSV PANALPINA 11,688 12,240
    DUPONT DE NEMOURS INC COM 9,984 11,449
    ENN ENERGY HOLDINGS LTD 7,863 8,688
    EARTHSTONE ENERGY INC CL A 7,185 12,046
    EAST JAPAN RAILWAY 15,717 16,893
    ECOLAB INC 10,559 10,818
    EDENRED S 7,581 7,780
    EDISON INTERNATIONAL 8,968 8,669
    EDWARDS LIFESCIENCES 9,500 10,218
    EMERSON ELECTRIC CO 11,590 12,216
    ENAGAS SA 9,999 9,353
    EPAM SYS INC COM 7,846 8,600
    EPIROC AB 8,312 9,002
    ERICSSON 10,860 10,803
    ESSENTIAL UTILS INC COM 10,309 10,782
    ESSILOR LUXOTTICA 11,985 13,343
    EVERSOURCE ENERGY 15,230 14,101
    EXPERIAN 10,214 10,098
    FAST RETAILING CO LTD 11,870 12,718
    FERGUSON PLC 8,366 9,667
    FLUTTER ENTERTAINMENT PLC 8,469 10,313
    FOMENTO ECONOMICO MEXICANO SAB DEC 8,760 9,320
    FRESENIUS SE&CO KGAA 7,115 7,373
    FUJIFILM HOLDINGS 7,195 6,953
    FUJITSU UNSP 7,587 8,749
    GEBERIT AG 12,889 13,103
    GENERAL MILLS INC COM 10,652 10,231
    GENMAB 9,982 11,547
    GILEAD SCIENCES INC COM 13,221 10,603
    GIVAUDAN 19,001 20,086
    GLAXOSMITHKLINE 21,777 21,528
    GLOBAL PAYMENTS INC 8,790 10,125
    GODADDY INC CL A 8,001 8,793
    HSBC HLDGS PLC 16,115 16,971
    HEINEKEN HOLDINGS NV 8,418 8,202
    HEINEKEN NV 11,008 11,273
    HELMERICH & PAYNE INC COM 9,641 12,228
    HENDERSON LAND DEVELOPMENT 11,530 11,133
    HENKEL AG&CO 7,879 8,032
    HERMES INTL 9,355 10,009
    HERSHEY COMPANY COM 7,551 7,464
    HEXAGON AB 10,510 11,686
    HILTON WORLDWIDE HLDGS 8,741 9,457
    HITACHI 11,448 11,890
    HOLLYFRONTIER CORP 11,798 13,261
    HOME DEPOT INC 27,488 26,828
    HONDA MOTOR LTD 14,309 13,871
    HONG KONG EXCHANGES & CLEARING 17,882 20,445
    HORMEL FOODS CORP 8,133 7,318
    HOYA 13,181 14,927
    HUNTSMAN CORP 8,272 8,548
    IDEXX LABORATORIES INC COM 9,987 10,997
    INCYTE CORP 7,461 7,828
    INFORMA PLC 8,714 8,405
    INFOSYS LTD 10,986 12,221
    ING GROEP N.V. 8,532 9,015
    INTEL CORP COM 16,685 18,284
    INTERCONTINENTAL HOTELS GROUP 8,379 8,921
    INTERCONTINENTAL EXCHANGE INC 8,729 10,146
    INTERNATIONAL BUS MACH CORP 11,840 12,714
    INTESA SANPAOLO S.P.A. 10,796 11,556
    INTUITIVE SURGICAL INC 14,164 15,544
    INTUIT INC 9,587 10,256
    ISRAEL DISCOUNT BANK UNSP 9,558 11,356
    SAINSBURY 7,801 8,138
    JAMES HARDIE INDUSTRIES PLC 12,689 13,139
    JAPAN AIRLINES CO LTD 8,255 8,338
    JAPAN EXCHANGE GROUP 7,376 8,470
    JOHNSON MATTHEY 8,678 8,552
    JULIUS BAER GRUPPE 10,611 11,285
    KB FINL GROUP INC 11,048 10,454
    KAO CORP 11,984 12,212
    KIDDI CORPORATION 9,517 9,458
    KERING 12,249 12,218
    KEYCORP COM 7,993 8,599
    KIMBERLY-CLARK CORP COM 9,251 8,764
    KIRIN HOLDINGS COMPANY 8,260 8,982
    KONINKLIJKE PHILLIPS ADR 13,720 14,084
    KROGER CO COM 8,203 8,194
    KUBOTA ADR 9,209 10,029
    KYOCERA CORP 8,678 8,946
    LG DISPLAY 8,972 11,377
    LOREAL 22,540 22,741
    LVMH MOET HENNESSY LOUIS VUITTON ADR 28,252 31,381
    LAM RESEARCH CORP COM 8,211 8,973
    ESTEE LAUDER COMPANIES INC COM 10,210 10,648
    LEGAL GENERAL GROUP 9,123 10,134
    LEGRAND 10,483 10,951
    LENOVO GROUP LIMITED 8,050 10,875
    ELI LILLY AND CO 15,550 18,572
    LLOYDS BANKING GROUP 8,544 9,112
    LOCALIZA RENT A CAR 12,018 12,876
    LONDON STOCK EXCHANGE GROUP 10,167 11,790
    LONGFOR GROUP HOLDINGS LTD 10,052 9,310
    LULULEMON ATHLETICA INC COME 7,899 8,353
    MGM RESORTS INTERNATIONAL COM 7,480 9,169
    MS AND AD INSURANCE GROUP HOLDINGS 9,406 9,324
    MSCI INC 7,517 8,484
    MARSH & MCLENNAN COMPANIES INC COM 9,215 9,477
    MARRIOTT INTERNATIONAL INC 9,064 9,894
    MASTERCARD INCORPORATED CL A 24,272 26,057
    MCCORMICK & COMPANY INC COM 9,006 9,369
    MCDONALD S CORP 16,941 16,952
    MERCK & CO INC COM 22,419 22,577
    MERCK KGAA 9,513 10,475
    METLIFE INC COM 9,635 9,953
    MICHELIN 9,540 9,631
    MICROSOFT CORP 121,175 124,555
    MICRON TECHNOLOGY 8,960 11,127
    MITSUBISHI UFJ FINANCIAL GROUP INC 11,044 10,672
    MITSUI FUDOSAN 7,901 8,091
    MITSUI CHEMICALS INC 8,392 8,541
    MOBILE TELESYSTEMS PJSC 11,388 12,127
    MONDELEZ INTL INC COM 14,852 14,851
    MONDI PLC 8,631 8,979
    MOODYS CORP COM 8,012 8,417
    MUENCHENER RUECKVERSICHERUNGS 11,841 12,388
    MURATA MFG CO LTD 10,981 12,706
    NTT DOCOMO INC LTD 9,202 9,141
    NASPERS 11,795 12,210
    NESTE OYJ 12,326 14,260
    NEW JERSEY RES CORP 8,100 7,821
    NIDEC CORPORATION 12,729 14,301
    NIKE INC CL B COM 17,756 19,381
    NINTENDO 9 ADR REP 13,256 16,737
    NITORI HOLDINGS CO LTD 8,691 9,109
    NITTO DENKO 10,016 11,533
    NOVO NORDISK A/S 21,912 22,771
    NVIDIA CORPORATION COM 30,972 30,288
    OKTA INC CL A 10,999 12,459
    OMRON ADR 8,806 9,802
    ONEOK INC COM 8,943 10,670
    ORACLE CORP 9,795 12,032
    ORKLA A 11,386 12,102
    OTSUKA HOLDINGS CO LTD 7,646 7,959
    OVERSEA-CHINESE BANKING CORP 9,886 10,397
    PNC FINANCIAL SERVICES GROUP 8,055 9,685
    PPG INDUSTRIES INC COM 11,604 11,826
    PT BANK CENTRAL ASIA TBK 10,318 10,480
    PACCAR INC COM 8,370 8,197
    PAYCHEX INC COM 7,626 7,734
    PAYPAL HOLDINGS INC COM 22,645 27,636
    PEPSICO INC 21,634 22,245
    PERKINELMER INC COM 8,520 9,184
    PERNOD RICARD ADR 12,038 12,125
    TELKOM INDONESIA 10,845 11,501
    PINDUODUO INC 9,320 12,437
    PING AN INSURANCE GROUP COMPANY 19,131 20,583
    POOL CORP COM 9,172 10,058
    PRINCIPAL FINANCIAL GROUP INC COM 7,713 8,037
    PRUDENTIAL FINANCIAL INC 13,936 14,677
    PRUDENTIAL 10,289 11,227
    QUALCOMM INC 15,772 16,300
    QUANTA SERVICES COM 7,574 8,066
    RECKITT BENCKISER GROUP INC 17,535 17,241
    RECRUIT HOLDINGS CO LTD 14,259 13,593
    REGENERON PHARMACEUTICAL INC 10,475 9,179
    REGIONS FINANCIAL CORP 7,393 7,818
    RELX PLC 11,157 12,108
    RESMED INC 7,670 7,652
    ROCKWELL AUTOMATION INC COM 7,194 7,524
    ROYAL DSM 14,901 15,634
    S&P GLOBAL INC COM 10,896 10,519
    SK TELECOM 11,246 11,848
    SMC SPN 11,299 12,103
    SALESFORCE.COM INC COM 23,647 20,918
    SAMPO PLC 7,322 7,233
    SANDS CHINA ADR 10,173 10,188
    SANDVIK AB 10,968 12,403
    SANOFI 24,327 22,740
    SANTEN PHARMACEUTICAL 8,439 8,323
    SAP ADR 21,165 23,601
    SCHWAB CHARLES CORP COM 9,891 11,138
    SECOM CO LTD 10,489 9,955
    SEKISUI HOUSE 9,300 10,028
    SEMPRA ENERGY 11,730 11,085
    SERVICE NOW INC COM 13,215 14,311
    SHENZHOU INTERNATIONAL HOLDINGS 8,722 9,605
    SHERWIN-WILLIAMS 12,342 12,493
    SHINHAN FINANCIAL GROUP CO LTD 9,647 9,493
    SHISEIDO CO LTD 7,848 7,741
    SIEMENS 23,986 26,242
    SIEMENS GAMESA RENEWABLE ENERGY 7,250 9,224
    SINGAPORE TELECOMMUNICATIONS 11,492 11,501
    SKYWORKS SOLUTIONS INC 8,084 8,714
    SMITH AND NEPHEW 8,226 8,856
    SMITHS GROUP 9,126 9,296
    SNAP INC CL A 8,582 10,915
    SOFTBANK GROUP CORP 17,197 20,956
    SOLARIS OILFIELD INFRSTR INC COM 9,750 11,502
    SONIC HEALTHCARE 12,369 12,057
    SONOVA HLDG 7,777 7,962
    SONY CORP 20,151 22,646
    SPOK HOLDINGS INC 14,391 13,846
    SQUARE INC CL A 10,781 12,841
    STANLEY BLACK & DECKER INC 8,551 8,392
    STARBUCKS CORP COM 15,831 17,438
    STATE STREET CORP 7,006 7,424
    STMICROELECTRONICS 8,318 8,797
    STRAUMANN HOLDINGS 9,150 8,985
    SUMITOMO MIT 8,461 8,428
    SWISS LIFE HLDG 7,888 8,421
    SYMRISE 10,410 11,340
    SYNOPSYS INC 9,503 11,147
    SYSCO INC 7,504 7,575
    SYSMEX CORP 7,207 8,707
    TDK 7,903 8,730
    TJX COMPANIES INC 9,937 11,473
    T-MOBILE US INC COM 9,070 9,440
    TAL EDUCATION GROUP 8,822 8,438
    TARGET GROUP 9,374 10,239
    TELEFONICA SA 10,295 10,108
    TELENOR ASR 11,687 11,809
    TELEPERFORMANCE SE 9,201 9,295
    TENARIS S.A. 16,086 17,641
    TRASMISSIONE ELETTRICITA RETE 11,491 11,746
    TERUMO 9,747 9,439
    THERMO FISHER SCIENTIFIC INC 24,507 23,755
    TIMKEN CO 9,476 10,289
    TOKIO MARINE HOLDINGS 10,188 9,923
    TOKYO ELECTRON 9,376 11,065
    TORAY INDUSTRIES INC 8,332 9,467
    TREDEGAR CORP 8,200 8,601
    TRUIST FINL CORP COM 9,070 9,203
    TWILIO INC CL A 11,573 13,879
    TWITTER INC COM 9,022 11,372
    U.S. BANCORP 7,943 8,526
    UBER TECHNOLOGIES INC CORP 9,288 9,690
    UMICORE 10,489 11,898
    UNICHARM CORP 11,241 10,690
    UNION PAC CORP 16,825 17,282
    UNITED MICR ELCTRNS 7,894 11,810
    UNITED OVERSEAS BK 9,587 10,050
    UNITED PARCEL SERVICE INC 12,452 12,630
    UNITED RENTALS INC 8,484 9,276
    UNITEDHEALTH GROUP INC 29,910 29,808
    VERISIGN INC 7,626 8,440
    VERIZON COMMUNICATIONS INC 18,092 17,566
    VERISK ANALYTICS INC COM 11,036 11,210
    VERTEX PHARMACEUTICALS 16,418 17,489
    VESTAS WIND SYS 12,831 16,485
    VINCI 19,536 18,939
    VISA INC 30,303 31,497
    VIVENDI SA UNSPON 10,240 10,910
    VODAFONE GROUP SPON 8,764 8,767
    WALGREENS BOOTS ALLIANCE INC 9,968 9,890
    WEICHAI POWER CO UNSP 8,916 8,139
    WESFARMERS 26,174 28,372
    WEST JAPAN RAILWAY 10,593 11,295
    WEST PHARMACEUTICAL SERVICES INC 10,361 10,199
    WESTPAC BANKING CORP 14,201 15,228
    WIPRO LTD 9,101 10,114
    WOORI FINANCIAL GROUP INC 7,696 7,858
    WORKDAY INC COM 7,374 7,907
    YASKAWA ELEC CORP 7,787 8,646
    YUM CHINA HLDGS INC COM 7,526 7,365
    Z HOLDINGS CORPORATION UNSP 8,232 9,036
    ZALANDO SE UNSP 8,409 9,972
    ZOETIS INC 12,867 12,909
    ZTO EXPRESS (CAYMAN) INC SPON 8,235 7,436
    ZURICH INSURANCE GROUP 15,830 16,817
    BANCOLOMBIA 10,668 14,184
    BROOKFIELD INFRASTRUCTURE PARTNERS LP 33,621 49,400
    ABBVIE INC COM 71,744 85,720
    BANDWIDTH INC COM 29,725 30,734
    BARRICK GOLD CORP 55,691 56,950
    CACI INTERNATIONAL INC 88,576 99,732
    CALIFORNIA WATER SERVICE GROUP 31,841 37,821
    COVANTA HOLDING CORP 39,492 34,138
    CRITEO 67,410 102,550
    DELL TECHNOLOGIES INC 30,814 45,293
    DEXCOM INC 340,796 342,361
    DYCOM INDUSTRIES INC 45,947 75,520
    ECOLAB INC 49,165 54,090
    EHEALTH INC 59,055 49,427

    TY 2020 InvestmentsOtherSchedule2
    Name:
    KAAB MEMORIAL FOUNDATION INC
    EIN:
    84-3972172
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    FIDELITY ADVISOR BIOTECHNOLOGY CL I FMV 46,005 54,063
    KOPERNIK GLOBAL ALL CAP FUND INSTL FMV 69,062 89,356
    AMERICAN BALANCED FUND F3 FMV 167,955 176,904
    BLACKROCK HEALTH SCIENCES OPP PRT I FMV 43,506 49,507
    BRANDES EMERGING MARKETS VALUE CL I FMV 141,005 133,946
    FULLER & THALER BEHV SMALL CAP EQTY INSTL FMV 45,812 50,384
    CULLEN HIGH DIVIDEND EQUITY CLASS I FMV 58,408 51,251
    CULLEN EMERGING MARKET HIGH DIVIDEND CL I FMV 81,807 86,170
    CULLEN SMALL CAP VALUE INSTITUTIONAL FMV 90,152 103,401
    DRIEHAUS EMERGING MKTS GROWTH INSTL FMV 82,472 103,406
    ALPS CORECOMM MNGMT COMPT COMM SM STRT I FMV 40,213 41,284
    GABELLI GOLD FUND INC CL I FMV 280,631 300,252
    OAKMARK FUND INVESTOR CLASS FMV 150,246 165,060
    VAN ECK GLOBAL HARD ASSETS FUND Y FMV 80,697 96,732
    WASATCH EMERGING INDIA FUND FMV 120,000 138,989
    FIDELITY MSCI FINLS INDEX ETF FMV 67,971 84,440
    FIDELITY MSCI INFORMATION TECHNOLOGY INDEX ETF FMV 82,707 95,418
    INVESCO EXCH TRADED FD TR II FTSE RAFI EMNG FMV 156,722 148,120
    INVESCO EXCH TRADED FD TR II FTSE RAFI DEV FMV 212,000 212,200
    ISHARES CORE S&P TOTAL US STOCK FMV 109,230 129,330
    ISHARES S&P MIDCAP 400 INDEX FUND FMV 44,871 50,333
    ISHARES CORE S&P SMALL CAP FMV 60,022 65,984
    ISHARES TRUST CORE MSCI EAFE ETF FMV 135,040 143,016
    ISHARES INC CORE MSCI EMERGING MKTS ETF FMV 53,900 62,040
    ISHARES INC MSCI GBL GOLD MN FMV 44,853 57,225
    VANECK VECTORS ETF TR GOLD MINERS ETF FMV 146,097 143,900
    ISHARES TRUST UNITED STATES TREASURY FMV 246,041 257,342
    ISHARES TRUST 1-3 YEARS TREASURY BOND ETF FMV 43,309 43,190
    ISHARES S&P GSCI COMMODITY - IN UNIT FMV 40,023 30,825
    ISHARES US REAL ESTATE FMV 59,985 55,501
    SPDR GOLD TR GOLD SHS FMV 240,218 262,724
    MILLENIUM INTERNATIONAL FMV 200,000 209,877
    AMERICAN TOWER CORP COM FMV 12,259 11,447
    EQUINIX INC COM FMV 11,277 10,713
    EQUITY RESIDENTIAL SBI FMV 8,128 7,825
    HEALTHPEAK PROPERTIES INC COM FMV 7,787 7,769
    PUBLIC STORAGE COM FMV 7,905 7,852
    REALTY INCOME CORP COM FMV 7,797 7,709
    SIMON PROPERTY GROUP INC FMV 7,089 7,760
    VENTAS INC FMV 7,021 7,013
    VICI PPTYS INC COM FMV 8,177 8,109
    WELLTOWER INC COM FMV 7,451 7,431

    TY 2020 OtherExpensesSchedule
    Name:
    KAAB MEMORIAL FOUNDATION INC
    EIN:
    84-3972172
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MANAGEMENT FEES - FIDELITY 74,935 75,868   0
    INSURANCE 500 0   500
    OFFICE EXPENSE 2,479 0   2,479
    TELEPHONE EXPENSE 930 0   930
    POSTAGE & MAILING 19 0   19
    REPAIR AND MAINTENANCE 326 0   326
    OFFICE EQUIPMENT AND SUPPLIES 28,274 0   28,274
    TECHNOLOGY FEES 4,951 0   4,951


    TY 2020 OtherIncomeSchedule2
    Name:
    KAAB MEMORIAL FOUNDATION INC
    EIN:
    84-3972172
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    PARTNERSHIP INCOME   -15,008  
    CEDAR FAIR - PTP ORDINARY GAIN   1,052  
    RETURN OF CAPITAL 4,290 0 4,290
    STOCK SPINOFF - PAYMENT IN LIEU OF FRX SHARE 151 151 151
    OTHER ACTIVITY - STOCK MERGERS 1,272 1,272 1,272


    TY 2020 OtherIncreasesSchedule
    Name:
    KAAB MEMORIAL FOUNDATION INC
    EIN:
    84-3972172
    Description Amount
    BOOK TO TAX DIFFERENCE 29,203


    TY 2020 TaxesSchedule
    Name:
    KAAB MEMORIAL FOUNDATION INC
    EIN:
    84-3972172
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 2,938 5,955   0
    DE CORP TAX 25 0   0
    FEDERAL TAXES 86 0   0