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 08-01-2020 , and ending 07-31-2021
Name of foundation
DALE KRUEGER SCHOLARSHIP
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 0634
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MILWAUKEE, WI532010634
A Employer identification number

93-6331222
B Telephone number (see instructions)

(503) 464-3580
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$11,956,764J 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... 181,171 181,171  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 594,153
b Gross sales price for all assets on line 6a 2,805,814
7 Capital gain net income (from Part IV, line 2)... 594,153
8 Net short-term capital gain......... 0
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 12,174 177  
12 Total. Add lines 1 through 11........ 787,498 775,501  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 126,079 113,471   12,608
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment 3,000 0 0 3,000
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 14,015 2,642   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 5,265 2   5,263
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 148,359 116,115 0 20,871
25 Contributions, gifts, grants paid....... 368,000 368,000
26 Total expenses and disbursements. Add lines 24 and 25 516,359 116,115 0 388,871
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 271,139
b Net investment income (if negative, enter -0-) 659,386
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 197,024 634,227 634,227
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
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 bullet0      
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)....... 4,299,560 Click to see attachment3,352,235 5,483,725
c Investments—corporate bonds (attach schedule)....... 2,806,042 Click to see attachment2,803,115 2,895,872
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,658,549 Click to see attachment2,443,686 2,942,940
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) 8,961,175 9,233,263 11,956,764
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
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........ 8,961,175 9,233,263
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 8,961,175 9,233,263
30 Total liabilities and net assets/fund balances (see instructions). 8,961,175 9,233,263
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
8,961,175
2
Enter amount from Part I, line 27a .....................
2
271,139
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
949
4
Add lines 1, 2, and 3 ..........................
4
9,233,263
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
9,233,263
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 105. WALT DISNEY CO   2015-12-07 2020-08-03
b 109. HASBRO INC COM   2017-03-20 2020-08-03
c 10. MARKETAXESS HLDGS INC   2015-01-16 2020-08-03
d 3. MERCADOLIBRE INC   2015-12-07 2020-08-03
e 519.185 VANGUARD INTL GRWTH FD CL ADM   2020-05-28 2020-08-04
2. ALPHABET INC CL A   2017-03-20 2020-09-02
200. APPLE COMPUTER INC   2012-07-05 2020-09-02
60. BERKSHIRE HATHAWAY INC CL B   2012-07-05 2020-09-02
10. BOOKING HOLDINGS INC   2013-02-20 2020-09-02
133. CHEVRONTEXACO CORP COM   2012-07-05 2020-09-02
40. FACEBOOK INC A   2020-05-18 2020-09-02
86. F5 NETWORKS INC   2015-01-16 2020-09-02
99. IPG PHOTONIC CORP COM   2015-09-03 2020-09-02
71. MARATHON PETROLEUM CORP   2020-05-20 2020-09-02
10. MARKETAXESS HLDGS INC   2015-01-16 2020-09-02
80. MARSH & MCLENNAN COS INC COM   2015-01-16 2020-09-02
5. MERCADOLIBRE INC   2013-02-20 2020-09-02
20. RESMED INC COMMON STOCK   2016-07-19 2020-09-02
264.01 VANGUARD 500 IDX ADML   2018-08-22 2020-09-02
1150.958 VANGUARD INTL GRWTH FD CL ADM   2020-05-20 2020-10-29
2033. MYLAN NV   2020-05-20 2020-11-17
1. LSB INDUSTRIES SEC LIT   1911-11-11 2020-11-20
.5431 VIATRIS INC   2012-07-05 2020-11-30
340. ATT INC   2012-07-05 2021-06-09
350. CABOT OIL & GAS CORP CL A   2020-09-02 2021-06-09
58. COOPER COS INC   2013-07-02 2021-06-09
43745.558 DOUBLELINE TOTAL RET BD I   2014-06-13 2021-06-09
2379. ISHARES CORE TOTAL US BOND MARKETETF   2020-05-14 2021-06-09
7674. ISHARES MSCI USA MIN VOLATILITY ETF   2017-05-02 2021-06-09
60. MARKETAXESS HLDGS INC   2015-01-16 2021-06-09
115. MARSH & MCLENNAN COS INC COM   2015-01-16 2021-06-09
15. MERCADOLIBRE INC   2013-02-20 2021-06-09
26. METTLER-TOLEDO INTL INC COM   2015-01-16 2021-06-09
14313.273 NUVEEN REAL ESTATE SECS I   2017-05-01 2021-06-09
76. OLD DOMINION FGHT LINE INC   2013-07-02 2021-06-09
209. PHILLIPS 66   2013-02-20 2021-06-09
196. RAYMOND JAMES FINL INC   2013-07-02 2021-06-09
141. RESMED INC COMMON STOCK   2016-07-19 2021-06-09
68. WEC ENERGY GROUP INC   2015-12-07 2021-06-09
115. LYONDELLBASELL INDUSTRIES CL A   2020-05-20 2021-06-09
1412. VANGUARD GLBL EX US REAL ESTATE ETF   2017-05-02 2021-07-21
6548.922 P I M C O FOREIGN BOND FD US HD INST   2018-08-22 2021-07-22
215.269 VANGUARD 500 IDX ADML   2020-05-28 2021-07-22
130. AVERY DENNISON CORP COM   2017-05-01 2021-07-26
34. BECTON DICKINSON & CO   2017-03-20 2021-07-26
30. FACEBOOK INC A   2020-05-18 2021-07-26
1010. ISHARES CORE MSCI EMERGING MKTS ETF   2018-08-22 2021-07-26
43. LOCKHEED MARTIN CORP   2016-07-19 2021-07-26
27. MICROSOFT CORP COM   2020-05-20 2021-07-26
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 12,208   11,058 1,150
b 8,155   10,940 -2,785
c 5,118   721 4,397
d 3,526   366 3,160
e 66,913   54,099 12,814
3,401   1,736 1,665
26,109   4,383 21,726
13,271   5,020 8,251
19,377   7,591 11,786
11,058   14,133 -3,075
12,045   8,566 3,479
11,443   10,818 625
16,621   8,206 8,415
2,471   2,599 -128
4,931   721 4,210
9,502   4,519 4,983
5,996   573 5,423
3,665   1,317 2,348
87,498   69,952 17,546
157,796   119,006 38,790
32,030   32,976 -946
31     31
9   5 4
9,879   11,894 -2,015
6,039   6,429 -390
21,587   7,235 14,352
461,953   471,952 -9,999
273,584   278,094 -4,510
559,866   390,357 169,509
26,122   4,324 21,798
15,826   6,496 9,330
19,875   1,276 18,599
32,993   7,561 25,432
327,774   310,690 17,084
19,059   2,209 16,850
19,465   14,532 4,933
25,408   8,600 16,808
29,931   9,288 20,643
6,309   3,363 2,946
12,937   6,935 6,002
82,759   77,828 4,931
71,711   70,597 1,114
86,840   60,398 26,442
26,736   10,845 15,891
8,468   6,257 2,211
11,158   6,425 4,733
63,584   52,769 10,815
15,839   11,030 4,809
7,805   4,972 2,833
      49,133
      49,133
      49,133
      49,133
      49,133
      49,133
      49,133
      49,133
      49,133
      49,133
      49,133
      49,133
      49,133
      49,133
      49,133
      49,133
      49,133
      49,133
      49,133
      49,133
      49,133
      49,133
      49,133
      49,133
      49,133
      49,133
      49,133
      49,133
      49,133
      49,133
      49,133
      49,133
      49,133
      49,133
      49,133
      49,133
      49,133
      49,133
      49,133
      49,133
      49,133
      49,133
      49,133
      49,133
      49,133
      49,133
      49,133
      49,133
      49,133
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       1,150
b       -2,785
c       4,397
d       3,160
e       12,814
      1,665
      21,726
      8,251
      11,786
      -3,075
      3,479
      625
      8,415
      -128
      4,210
      4,983
      5,423
      2,348
      17,546
      38,790
      -946
      31
      4
      -2,015
      -390
      14,352
      -9,999
      -4,510
      169,509
      21,798
      9,330
      18,599
      25,432
      17,084
      16,850
      4,933
      16,808
      20,643
      2,946
      6,002
      4,931
      1,114
      26,442
      15,891
      2,211
      4,733
      10,815
      4,809
      2,833
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 594,153
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 9,165
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 9,165
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 9,165
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 12,219
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  
7 Total credits and payments. Add lines 6a through 6d.............. 7 12,219
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 3,054
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet3,054 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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
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)
    bulletOR
    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 addressbullet  
    14
    The books are in care ofbulletUS BANK Telephone no.bullet (503) 464-4908

    Located atbulletPO BOX 0634MILWAUKEEWI ZIP+4bullet53201
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
    No
    .........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
    US BANK TRUSTEE
    1     		126,079    
    PO BOX 3168
    PORTLAND,OR97208
    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.........................bullet  
    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
    10,766,024
    b
    Average of monthly cash balances.......................
    1b
    252,615
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    11,018,639
    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
    11,018,639
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    165,280
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    10,853,359
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    542,668
    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
    542,668
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    9,165
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    9,165
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    533,503
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    11,997
    5
    Add lines 3 and 4............................
    5
    545,500
    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
    545,500
    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
    388,871
    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
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    388,871
    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
    388,871
    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 7 545,500
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 213,693
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 0
    b From 2016...... 0
    c From 2017...... 0
    d From 2018...... 0
    e From 2019...... 0
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 388,871
    a Applied to 2019, but not more than line 2a 213,693
    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..... 175,178
    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 ..........     		370,322
    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.... 0
    b Excess from 2017.... 0
    c Excess from 2018.... 0
    d Excess from 2019.... 0
    e Excess from 2020.... 0
    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).)
    NONE
    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.
    NONE
    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:
    WILLIAM DOLAN
    US BANK - PO BOX 3168
    PORTLAND,OR97208
    (503) 464-4909
    bThe form in which applications should be submitted and information and materials they should include:
    CONTACT ABOVE
    cAny submission deadlines:
    APRIL 1
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GRADUATES OF GRESHAM, BARLOW, REYNOLDS OR CENTENNIAL HIGH SCHOOLS.
    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
    CONCORDIA UNIVERSITY
    2811 NE HOLMAN ST
    PORTLAND,OR37318     		NONE I SCHOLARSHIP 4,000
    EASTERN OREGON UNIV
    OFFICE OF FINANCIAL AID
    ONE UNIVERSITY BLVD
    LA GRANDE,OR97580     		NONE I SCHOLARSHIP 4,000
    GEORGE FOX UNIVERSITY
    414 N MERIDIAN ST
    NEWBERG,OR97312     		NONE I SCHOLARSHIP 18,000
    GONZAGA UNIVERSITY
    502 E BOONE AVE
    SPOKANE,WA99258     		NONE I SCHOLARSHIP 2,000
    LINFIELD COLLEGE
    900 SE BAKER ST
    MCMINNVILLE,OR97365     		NONE I SCHOLARSHIP 6,000
    MT HOOD COMMUNITY COLLEGE
    26000 SE STARK ST
    GRESHAM,OR97030     		NONE I SCHOLARSHIP 20,000
    OREGON INSTITUTE OF TECHNOLOGY
    3201 CAMPUS DRIVE
    KLAMATH FALLS,OR97601     		NONE I SCHOLARSHIP 2,000
    OREGON STATE UNIVERSITY
    PO BOX 1086
    CORVALLIS,OR97339     		NONE I SCHOLARSHIP 46,000
    PACIFIC UNIVERSITY
    2043 COLLEGE WAY
    FOREST GROVE,OR97116     		NONE I SCHOLARSHIP 2,000
    PORTLAND COMM COLLEGE
    PO BOX 19000
    PORTLAND,OR97280     		NONE I SCHOLARSHIP 12,000
    PORTLAND STATE UNIVERSITY
    PO BOX 851
    PORTLAND,OR97201     		NONE I SCHOLARSHIP 78,000
    SEATTLE PACIFIC UNIV
    3307 3RD AVE WEST
    SEATTLE,WA98119     		NONE I SCHOLARSHIP 4,000
    SOUTHERN OREGON UNIV
    FINANCIAL AID OFFICE
    1250 SISKIYOU BLVD
    ASHLAND,OR97520     		NONE I SCHOLARSHIP 2,000
    STANFORD UNIVERSITY
    355 GALVEZ ST
    STANDFORD,CA94305     		NONE I SCHOLARSHIPS 4,000
    UNIVERSITY OF PORTLAND
    5000 N WILLAMETTE BLVD
    PORTLAND,OR97203     		NONE I SCHOLARSHIP 22,000
    UNIVERSITY OF OREGON
    1278 UNIVERSITY OF OREGON
    EUGENE,OR97403     		NONE I SCHOLARSHIP 46,000
    WARNER PACIFIC COLLEGE
    2219 SE 68TH AVE
    PORTLAND,OR97215     		NONE I SCHOLARSHIP 18,000
    WASHINGTON STATE UNIV
    FINANCIAL AID OFFICE
    PO BOX 641068
    PULLMAN,WA99164     		NONE I SCHOLARSHIP 4,000
    WESTERN OREGON UNIVERSITY
    345 N MONMOUTH AVE
    MONMOUTH,OR97361     		NONE I SCHOLARSHIP 18,000
    WHITWORTH UNIVERSITY
    300 W HAWTHORNE RD
    SPOKANE,WA99251     		NONE I SCHOLARSHIP 2,000
    WILLAMETTE UNIVERSITY
    900 STATE STREET
    SALEM,OR97301     		NONE I SCHOLARSHIP 8,000
    CALIFORNIA BAPTIST UNIVERSITY
    FINANCIAL AID OFFICE
    8432 MAGNOLIA AVE
    RIVERSIDE,CA92504     		NONE I SCHOLARSHIP 2,000
    UNIVERSITY OF THE PACIFIC
    OFFICE OF FINANCIAL AID
    3601 PACIFIC AVENUE
    STOCKTON,CA95211     		NONE I SCHOLARSHIP 2,000
    BRIGHAM YOUNG UNIVERSITY
    100 KIMBALL BLDG
    REXBURG,ID83460     		NONE I SCHOLARSHIPS 2,000
    UNIVERSITY OF MONTANA
    FINANCIAL AID OFFICE
    LOMMASSON CENTER 218
    MISSOULA,MT59812     		NONE I SCHOLARSHIPS 2,000
    NEW YORK UNIVERSITY
    726 BROADWAY 9TH FLOOR
    NEW YORK,NY10013     		NONE I SCHOLARSHIP 2,000
    CALIFORNIA STATE UNIVERSITY
    25800 CARLOS BEE BLVD
    HAYWARD,CA94542     		NONE I SCHOLARSHIP 2,000
    LONG ISLAND UNIVERSITY GLOBAL
    ATTN SCHOLARSHIPS
    ONE UNIVERSITY PLAZA
    BROOKLYN,NY11201     		NONE I SCHOLARSHIPS 2,000
    COLBY COLLEGE
    ATTN SCHOLARSHIPS
    4000 MAYFLOWER HILL DR
    WATERVILLE,ME04901     		NONE I SCHOLARSHIPS 2,000
    UNIVERSITY OF UTAH
    201 PRESIDENTS CIRCLE
    SALT LAKE CITY,UT84112     		NONE I SCHOLARSHIP 2,000
    ROCKY MOUNTAIN COLLEGE
    OFFICE OF FINANCIAL AID
    1511 POLY DRIVE
    BILLINGS,MT59102     		NONE I SCHOLARSHIP 2,000
    BENTLEY UNIVERSITY
    175 FOREST STREET
    WALTHAM,MA02452     		NONE I SCHOLARSHIP 2,000
    UNIVERSITY OF SAN FRANCISCO
    2130 FULTON STREET
    SAN FRANCISCO,CA94117     		NONE I SCHOLARSHIP 2,000
    CARROLL COLLEGE
    1601 N BENTON AVE
    HELENA,MT59625     		NONE I SCHOLARSHIP 2,000
    GEORGETOWN UNIV
    FINANCIAL AID OFFICE
    G-19 HEALY HALL
    WASHINGTON D C,DC20057     		NONE I SCHOLARSHIP 2,000
    LAWRENCE UNIVERSITY
    FINANCIAL AID OFFICE
    APPLETON,WI54912     		NONE I SCHOLARSHIP 2,000
    CASE WESTERN RESERVE UNIVERSITY
    10900 EUCLID AVE
    CLEVELAND,OH44106     		NONE I SCHOLARSHIP 2,000
    UNIVERSITY OF IDAHO
    FINANCIAL AID OFFICE
    PO BOX 444264
    MOSCOW,ID83844     		NONE I SCHOLARSHIPS 2,000
    COLORADO COLLEGE
    14 EAST CAHE LA POUDRE ST
    COLORADO SPRINGS,CO80903     		NONE I SCHOLARSHIP 2,000
    SMITH COLLEGE
    30 BELMONT AVE
    NORTH HAMPTON,MA01063     		NONE I SCHOLARSHIPS 2,000
    SOUTHERN ILLINOIS UNIVERSITY
    1263 LINCOLN DRIVE
    CARBONDALE,IL62901     		NONE I SCHOLARSHIP 2,000
    MONTANA TECH
    1300 W PARK ST
    BUTTE,MT59701     		NONE I GENERAL OPERATING 2,000
    NORTHWESTERN UNIVERSITY
    OFFICE OF FINANCIAL AID
    EVANSTON,IL60208     		NONE I SCHOLARSHIP 2,000
    LEWIS AND CLARK COLLEGE
    0615 SW PALATINE HILL ROAD
    PORTLAND,OR97219     		NONE I SCHOLARSHIP 2,000
    Total .................................bullet 3a 368,000
    bApproved for future payment
    Total .................................bullet 3b  
    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....     14 181,171  
    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 ............     		    18 594,153  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aOTHER INCOME     		    1 177  
    bGRANT RECOVERY     1 11,997  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   787,498  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    787,498
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    DALE KRUEGER SCHOLARSHIP
    EIN:
    93-6331222
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 3,000     3,000

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    DALE KRUEGER SCHOLARSHIP
    EIN:
    93-6331222
    Name of Bond End of Year Book Value End of Year Fair Market Value
    258620103 DOUBLELINE TOTAL RET    
    057071854 BAIRD AGGREGATE BOND 1,027,854 1,070,844
    464288612 ISHARES BARCLAYS INT 1,365,072 1,415,969
    31420B300 FEDERATED INST HI YL 293,572 290,387
    693390882 P I M C O FOREIGN BO 116,617 118,672

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    DALE KRUEGER SCHOLARSHIP
    EIN:
    93-6331222
    Name of Stock End of Year Book Value End of Year Fair Market Value
    46434G103 ISHARES CORE MSCI EM 358,143 470,978
    418056107 HASBRO INC    
    17275R102 CISCO SYSTEMS INC 21,853 31,838
    539830109 LOCKHEED MARTIN CORP    
    426281101 JACK HENRY ASSOCIATE 6,267 24,721
    216648402 COOPER COS INC    
    91324P102 UNITED HEALTH GROUP 19,149 49,466
    92345Y106 VERISK ANALYTICS INC 12,590 47,675
    46625H100 J P MORGAN CHASE CO 30,650 68,605
    438516106 HONEYWELL INTERNATIO 10,275 26,652
    670678507 NUVEEN REAL ESTATE S    
    92826C839 VISA INC 12,626 75,395
    679580100 OLD DOMINION FGHT LI    
    761152107 RESMED INC    
    217204106 COPART INC COM 2,556 21,462
    G1151C101 ACCENTURE PLC CL A 35,456 43,522
    00206R102 ATT INC    
    31620M106 FIDELITY NATL INFORM 7,559 32,493
    571748102 MARSH MCLENNAN COS I    
    478160104 JOHNSON JOHNSON 9,193 17,048
    717081103 PFIZER INC 10,713 21,234
    594918104 MICROSOFT CORP 118,934 225,079
    92343V104 VERIZON COMMUNICATIO 9,096 9,427
    44980X109 IPG PHOTONIC CORP CO    
    92939U106 WEC ENERGY GROUP INC    
    70450Y103 PAYPAL HOLDINGS INC 15,758 60,066
    02079K305 ALPHABET INC CL A 54,770 148,199
    65339F101 NEXTERA ENERGY INC 9,093 36,457
    315616102 F5 NETWORKS INC COM    
    58733R102 MERCADOLIBRE INC    
    254687106 DISNEY WALT CO    
    46429B697 ISHARES MSCI USA MIN    
    172908105 CINTAS CORP 5,161 31,929
    808513105 SCHWAB CHARLES CORP 19,473 42,944
    871607107 SYNOPSYS INC 7,772 52,990
    754730109 RAYMOND JAMES FINL I    
    747525103 QUALCOMM INC 9,623 26,215
    592688105 METTLER-TOLEDO INTL    
    718546104 PHILLIPS 66    
    09247X101 BLACKROCK INC 15,810 26,882
    166764100 CHEVRON CORPORATION    
    G5960L103 MEDTRONIC PLC 18,573 30,858
    H1467J104 CHUBB LTD 24,832 40,666
    922042676 VANGUARD GLBL EX US 112,387 119,078
    57060D108 MARKETAXESS HLDGS IN    
    037833100 APPLE INC 80,090 176,782
    053611109 AVERY DENNISON CORP    
    084670702 BERKSHIRE HATHAWAY I 5,689 18,924
    28176E108 EDWARDS LIFESCIENCES 11,892 42,438
    075887109 BECTON DICKINSON AND    
    922908710 VANGUARD 500 INDEX A 714,909 1,203,630
    09857L108 BOOKING HOLDINGS INC    
    G5494J103 LINDE PLC 14,711 27,665
    779572106 T ROWE PRICE SMALL C 348,212 477,698
    779556109 ROWE T PRICE MID-CAP 447,985 606,036
    78409V104 S P GLOBAL INC 8,181 11,147
    56585A102 MARATHON PETROLEUM C 51,246 77,308
    88339J105 TRADE DESK INC THE C 13,457 37,679
    031162100 AMGEN INC 18,017 19,082
    87612E106 TARGET CORP 15,096 32,892
    G6095L109 APTIV PLC 6,030 14,015
    N53745100 LYONDELLBASELL INDUS    
    20030N101 COMCAST CORP CL A 21,733 32,768
    931142103 WAL MART STORES INC 52,337 59,586
    81762P102 SERVICENOW INC 12,784 19,400
    437076102 HOME DEPOT INC 19,779 27,568
    882508104 TEXAS INSTRUMENTS IN 21,259 34,502
    023135106 AMAZON.COM INC 96,915 133,104
    89400J107 TRANSUNION 18,289 26,893
    79466L302 SALESFORCE COM INC 21,469 27,096
    002824100 ABBOTT LABORATORIES 17,791 23,954
    03027X100 AMERICAN TOWER CORP 43,558 53,449
    57636Q104 MASTERCARD INC 39,856 51,330
    060505104 BANK OF AMERICA CORP 24,719 41,352
    375558103 GILEAD SCIENCES INC 26,045 24,243
    12572Q105 CME GROUP INC 27,027 31,607
    30303M102 FACEBOOK INC A 26,776 46,319
    012653101 ALBEMARLE CORP 49,358 149,585
    22160K105 COSTCO WHSL CORP 13,398 18,908
    N59465109 MYLAN NV    
    57667L107 MATCH GROUP INC NEW 14,201 26,439
    88579Y101 3M CO 22,926 30,285
    30063P105 EXACT SCIENCES CORPO 9,314 8,951
    57772K101 MAXIM INTEGRATED PRO 14,221 19,982
    92556V106 VIATRIS INC 33,561 29,463
    595112103 MICRON TECHNOLOGY IN 14,432 23,274
    22266L106 COUPA SOFTWARE INC 16,660 16,492

    TY 2020 InvestmentsOtherSchedule2
    Name:
    DALE KRUEGER SCHOLARSHIP
    EIN:
    93-6331222
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    921910501 VANGUARD INTL GRWTH AT COST 302,457 493,260
    464287226 ISHARES CORE TOTAL U      
    412295107 HARDING LOEVNER INTL AT COST 284,505 419,509
    808524870 SCHWAB U.S. TIPS ETF AT COST 197,901 221,571
    46432F842 ISHARES CORE MSCI EA AT COST 542,454 683,576
    74440B884 PGIM TOTAL RETURN BO AT COST 352,152 356,959
    057071722 BAIRD ULTRA SHORT BO AT COST 352,152 352,152
    922908553 VANGUARD REIT ETF AT COST 412,065 415,913

    TY 2020 OtherExpensesSchedule
    Name:
    DALE KRUEGER SCHOLARSHIP
    EIN:
    93-6331222
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    SPIRE TECHNOLOGIES, INC. 4,067 0   4,067
    STATE FILING FEE/TAX 1,196 0   1,196
    ADR FEES 2 2   0


    TY 2020 OtherIncomeSchedule2
    Name:
    DALE KRUEGER SCHOLARSHIP
    EIN:
    93-6331222
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INCOME 177 177  
    GRANT RECOVERY 11,997 0  


    TY 2020 OtherIncreasesSchedule
    Name:
    DALE KRUEGER SCHOLARSHIP
    EIN:
    93-6331222
    Description Amount
    ROUNDING ADJUSTMENT 3
    MYLAN CORPORATE ACTION ADJUSTMENT 946


    TY 2020 TaxesSchedule
    Name:
    DALE KRUEGER SCHOLARSHIP
    EIN:
    93-6331222
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 1,959 1,959   0
    FEDERAL ESTIMATES - PRINCIPAL 11,373 0   0
    FOREIGN TAXES ON NONQUALIFIED 683 683   0