Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 07-01-2020 , and ending 06-30-2021
Name of foundation
Musgrave Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)1615 S Glenstone
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Springfield, MO65804
A Employer identification number

43-1304514
B Telephone number (see instructions)

(417) 841-4600
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$33,524,999J 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 56,842 56,842 56,842
4 Dividends and interest from securities... 345,741 345,741 345,741
5a Gross rents............ 1,250 1,250 1,250
b Net rental income or (loss) 1,250
6a Net gain or (loss) from sale of assets not on line 10 1,017,543
b Gross sales price for all assets on line 6a 3,930,281
7 Capital gain net income (from Part IV, line 2)... 1,017,543
8 Net short-term capital gain......... 196,976
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 3,093,891 3,093,891  
12 Total. Add lines 1 through 11........ 4,515,267 4,515,267 600,809
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 376,877 282,658   94,219
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 5,750     5,750
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 91,809 91,809    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 828,482 827,724   758
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,302,918 1,202,191   100,727
25 Contributions, gifts, grants paid....... 982,641 982,641
26 Total expenses and disbursements. Add lines 24 and 25 2,285,559 1,202,191   1,083,368
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,229,708
b Net investment income (if negative, enter -0-) 3,313,076
c Adjusted net income (if negative, enter -0-)... 600,809
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......... 613,473 904,327 904,327
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)....... 7,651,014 Click to see attachment9,061,690 13,895,101
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 10,766,167 Click to see attachment11,757,507 18,725,571
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 19,030,654 21,723,524 33,524,999
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........... 19,030,654  
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........    
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)..... 19,030,654 21,723,524
30 Total liabilities and net assets/fund balances (see instructions). 19,030,654 21,723,524
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
19,030,654
2
Enter amount from Part I, line 27a .....................
2
2,229,708
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
464,084
4
Add lines 1, 2, and 3 ..........................
4
21,724,446
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
922
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
21,723,524
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 263 ALBEMARLE CORP P 2020-06-16 2020-11-20
b 247 ALIBABA GROUP HOLDING LTD A D R P 2020-06-16 2021-02-18
c 12 AMAZON COM INC P 2020-06-16 2021-02-18
d 389 AMPHENOL CORP CL A P 2020-06-16 2020-11-20
e 719 ANNALY CAPITAL MANAGEMENT INC P 2020-06-16 2021-02-18
180 ARGO GROUP INTL HLDGS LTD P 2020-06-16 2020-11-20
152 AUDIOCODES LTD P 2020-06-16 2021-02-18
127 BARNES GROUP INC P 2020-06-16 2020-11-20
203 BARRICK GOLD CORP P 2020-06-16 2020-11-20
44 BOEING CO THE P 2020-06-16 2020-11-20
36 CACI INTERNATIONAL INC CL A P 2020-06-16 2021-02-18
44 CDW CORP DE P 2020-06-16 2021-03-31
403 COMPANHIA PARANAENSE ENER SP A D R P 2020-06-16 2020-11-20
638 CREDIT SUISSE GROUP SPON A D R P 2020-06-16 2021-05-20
369 DISCOVERY INC C P 2020-06-16 2021-02-18
99 EL PASO ELEC CO P 2020-06-16 2020-07-30
0 FIRST AM GOVT OB FD CL T P 2020-01-01 2020-12-30
35 GENPACT LIMITED P 2020-06-16 2021-02-18
510 GENPACT LIMITED P 2020-06-16 2021-03-03
130 ILLUMINA INC P 2020-06-16 2020-11-20
589 INTERFACE INC P 2020-06-16 2020-11-20
49 JAZZ PHARMACEUTICALS PLC P 2020-06-16 2020-11-20
0.5 JUST EAT TAKEAWAY COM N V G D R P 2020-06-16 2021-06-09
163 KANSAS CITY SOUTHERN P 2020-06-16 2021-05-20
1559 KAO CORP A D R P 2020-06-16 2021-03-16
0.9938 KONINKLIJKE PHILIPS NVR NY A D R P 2020-06-16 2020-08-05
327 LAMB WESTON HOLDINGS INC P 2021-02-18 2021-05-20
0.9862 MATCH GROUP INC NEW P 2020-06-16 2020-08-04
864 MICRO FOCUS INTL SPN A D R P 2020-06-16 2021-03-03
387 MICRON TECHNOLOGY INC P 2020-06-16 2021-05-20
568 MOMO INC A D R P 2020-06-16 2020-11-20
6616 NOKIA CORP SPON A D R P 2020-11-20 2021-05-20
5899 PGIM TOTAL RETURN BOND CL R6 P 2020-11-20 2021-02-18
410 RELX PLC SPON A D R P 2020-06-16 2020-11-20
322 ROGERS COMMUNICATIONS INC CL B P 2020-06-16 2020-11-20
240 SALESFORCE COM INC P 2020-06-16 2021-02-18
542 SILICON MOTION TECHNOLOGY CORP A D R P 2021-02-18 2021-05-20
314 SOCIEDAD QUIMICA MINERA A D R P 2020-06-16 2021-02-18
36 SOLAREDGE TECHNOLOGIES INC P 2020-06-16 2021-05-20
470 SONY GROUP CORPORATION A D R P 2021-02-18 2021-05-20
53 SPLUNK INC P 2020-06-16 2021-02-18
77 SPOTIFY TECHNOLOGY SA P 2020-06-16 2021-02-18
89 SPOTIFY TECHNOLOGY SA P 2020-06-16 2021-05-20
737 STMICROELECTRONICS N V P 2020-06-16 2021-05-20
955 TECHNOPRO HOLDINGS SPON ADR A D R P 2020-06-16 2021-02-18
41 TRADE DESK INC THE CLASS A P 2020-06-16 2021-02-18
1112 UMICORE UNSPON A D R P 2020-06-16 2021-03-16
95 UNITED RENTALS INC P 2020-06-16 2021-03-03
31 VAIL RESORTS INC P 2020-06-16 2021-03-16
278 VARIAN MED SYS INC P 2020-06-16 2020-11-20
737 VEREIT INC P 2020-06-16 2020-11-20
1164 VIPSHOP HOLDINGS LTD A D R P 2020-06-16 2020-11-20
314 VODAFONE GROUP PLC A D R P 2020-06-16 2020-11-20
68 VULCAN MATERIALS CO P 2020-06-16 2021-03-31
78 XYLEM INC P 2020-06-16 2020-11-20
2257 AEGON N V A D R P 2018-04-20 2020-11-20
1426 AEGON N V A D R P 2018-09-06 2020-11-20
36 ALPHABET INC CL A P 2019-07-17 2021-02-18
17 ALPHABET INC CL C P 2019-07-17 2020-11-20
19 ALPHABET INC CL C P 2019-07-17 2021-02-18
708 ANNALY CAPITAL MANAGEMENT INC P 2019-03-11 2021-02-18
764 ANNALY CAPITAL MANAGEMENT INC P 2019-07-17 2021-02-18
131 APPLE INC P 2016-05-06 2021-02-18
572 APPLE INC P 2019-03-11 2021-02-18
242 APPLE INC P 2016-05-06 2021-03-26
505 ATLANTICA SUSTAINABLE INFRASTRUCTURE P 2019-03-11 2021-02-18
257 ATLANTICA SUSTAINABLE INFRASTRUCTURE P 2019-07-17 2021-02-18
96 AVERY DENNISON CORP P 2017-11-02 2021-03-03
47 AVERY DENNISON CORP P 2019-03-11 2021-03-03
92 BAIDU INC SPON A D R P 2017-11-02 2020-11-20
31 BAIDU INC SPON A D R P 2019-03-11 2020-11-20
68 BAIDU INC SPON A D R P 2019-07-17 2020-11-20
31 BANK OF AMERICA CORP P 2017-11-02 2021-02-18
359 BANK OF AMERICA CORP P 2018-04-20 2021-02-18
175 BANK OF AMERICA CORP P 2019-03-11 2021-02-18
353 BANK OF AMERICA CORP P 2019-07-17 2021-02-18
166 BARCLAYS PLC A D R P 2019-03-11 2020-11-20
1508 BARCLAYS PLC A D R P 2019-07-17 2020-11-20
1250.177 BARON EMERGING MARKETS INSTITUTIONAL P 2017-11-02 2021-02-18
5603.435 BARON EMERGING MARKETS INSTITUTIONAL P 2018-09-06 2021-02-18
4890.388 BARON EMERGING MARKETS INSTITUTIONAL P 2019-03-11 2021-02-18
172 BAXTER INTERNATIONAL INC P 2019-03-11 2021-05-20
33 BAXTER INTERNATIONAL INC P 2019-07-17 2021-05-20
1238 BOSTON SCIENTIFIC CORP P 2019-07-17 2020-11-20
50000 BP CAPITAL MARKETS 3.561% 11/01/21 P 2016-12-13 2021-01-22
11861 CAUSEWAY EMERGING MARKETS INSTL P 2019-03-11 2021-02-18
110 CHARLES RIVER LABORATORIES P 2017-11-02 2021-02-18
5 CHARLES RIVER LABORATORIES P 2018-04-20 2021-02-18
21 CHUBB LTD P 2015-06-17 2021-03-16
141 CHUBB LTD P 2016-05-06 2021-03-16
104 CIMAREX ENERGY CO P 2016-05-06 2020-11-20
59 CIMAREX ENERGY CO P 2018-09-06 2020-11-20
545 COMPANHIA PARANAENSE ENER SP A D R P 2019-03-11 2020-11-20
493 COMPANHIA PARANAENSE ENER SP A D R P 2019-07-17 2020-11-20
138 DANAHER CORP P 2019-07-17 2021-02-18
450 DISCOVERY INC C P 2019-07-17 2021-02-18
139 DOMINION ENERGY INC P 2016-05-06 2021-02-18
814 ENEL AMERICAS SA A D R P 2019-03-11 2020-11-20
137 ETSY INC P 2019-03-11 2021-02-18
184 FACEBOOK INC CLASS A P 2019-07-17 2021-02-18
433 FIDELITY NATIONAL FINANCIAL INC P 2016-05-06 2021-02-18
325 FISERV INC P 2019-07-17 2020-11-20
372 FLIR SYSTEMS INC P 2019-07-17 2021-02-18
282 FLY LEASING LTD A D R P 2013-05-07 2021-03-31
311 FLY LEASING LTD A D R P 2013-05-31 2021-03-31
1342 FLY LEASING LTD A D R P 2016-05-06 2021-03-31
942 FORTIVE CORP WI P 2019-07-17 2021-02-18
141 GENERAC HOLDINGS INC P 2019-03-11 2021-02-18
842 GENPACT LIMITED P 2016-11-18 2021-02-18
820 HD SUPPLY HOLDINGS INC P 2019-07-17 2020-12-24
333 INCYTE CORP P 2019-07-17 2021-03-16
309 INTEL CORP P 2012-05-08 2020-11-20
203 INTEL CORP P 2014-02-27 2020-11-20
146 INTEL CORP P 2015-02-23 2020-11-20
96 INTEL CORP P 2019-03-11 2020-11-20
472 INTL CONSLIDATED A SPON A D R P 2019-03-11 2020-11-20
687 ISHARES RUSSELL MID CAP ETF P 2019-07-17 2021-03-16
168 J P MORGAN CHASE CO P 2016-05-06 2021-02-18
137 J P MORGAN CHASE CO P 2019-07-17 2021-02-18
126 JAZZ PHARMACEUTICALS PLC P 2018-09-06 2020-11-20
38 JAZZ PHARMACEUTICALS PLC P 2019-03-11 2020-11-20
150 KANSAS CITY SOUTHERN P 2017-11-02 2020-11-20
65 KANSAS CITY SOUTHERN P 2017-11-02 2021-05-20
109 LAMB WESTON HOLDINGS INC P 2019-07-17 2021-05-20
105 LENNOX INTERNATIONAL INC P 2015-02-23 2021-02-18
958 MARVELL TECHNOLOGY GROUP LTD P 2019-07-17 2020-11-20
50000 MEDTRONIC INC 3.150% 3/15/22 P 2016-12-06 2020-10-29
56 MID-AMER APT CMNTYS INC P 2017-11-02 2021-03-16
61 MID-AMER APT CMNTYS INC P 2018-09-06 2021-03-16
20 MOHAWK INDS INC P 2017-11-02 2020-11-20
40 MOHAWK INDS INC P 2018-09-06 2020-11-20
38 MOHAWK INDS INC P 2019-03-11 2020-11-20
174 NICE LTD A D R P 2018-09-06 2021-02-18
61 NICE LTD A D R P 2018-04-20 2021-03-16
57 NICE LTD A D R P 2018-09-06 2021-03-16
47 NICE LTD A D R P 2019-03-11 2021-03-16
147 NICE LTD A D R P 2018-04-20 2021-05-20
525 NTT DOCOMO INC A D R P 2013-12-31 2020-11-20
745 NTT DOCOMO INC A D R P 2017-11-02 2020-11-20
584 NTT DOCOMO INC A D R P 2018-09-06 2020-11-20
124.5 OLD DOMINION FGHT LINE INC P 2018-09-06 2020-11-20
73.5 OLD DOMINION FGHT LINE INC P 2019-03-11 2020-11-20
0.5 ORGANON CO P 2020-06-16 2021-06-22
131 P P G INDS INC P 2017-11-02 2021-03-26
46 P P G INDS INC P 2019-03-11 2021-03-26
105 PAYPAL HOLDINGS INC P 2016-11-18 2021-02-18
82 PAYPAL HOLDINGS INC P 2018-04-20 2021-02-18
79 PAYPAL HOLDINGS INC P 2019-07-17 2021-02-18
5962 PHAROL SGPS SA SP A D R P 2014-06-18 2021-05-28
279 POST HOLDINGS INC P 2019-07-17 2021-02-18
20 PVH CORP P 2018-09-06 2020-11-20
46 PVH CORP P 2019-03-11 2020-11-20
55 PVH CORP P 2019-07-17 2020-11-20
110 SAP SE SPON ADR A D R P 2018-04-20 2020-11-20
44 SAP SE SPON ADR A D R P 2018-09-06 2020-11-20
154 SAP SE SPON ADR A D R P 2019-03-11 2020-11-20
225 SKYWORKS SOLUTIONS INC P 2019-03-11 2021-03-16
263 SMITH NEPHEW PLC SPON A D R P 2017-11-02 2020-11-20
202 SYNOPSYS INC P 2016-05-06 2021-05-20
101 TRUIST FINANCIAL CORP P 2019-03-11 2021-03-31
319 TRUIST FINANCIAL CORP P 2019-07-17 2021-03-31
497 V F CORP P 2019-07-17 2020-11-20
24 VAIL RESORTS INC P 2019-03-11 2021-03-16
56 VARIAN MED SYS INC P 2017-11-02 2020-11-20
46 VARIAN MED SYS INC P 2018-09-06 2020-11-20
38 VARIAN MED SYS INC P 2019-07-17 2020-11-20
0.8 VONTIER CORPORATION COM P 2019-07-17 2020-11-02
376 VONTIER CORPORATION COM P 2019-07-17 2020-11-20
217 WPP PLC SPON A D R P 2019-07-17 2020-11-20
439 WPX ENERGY INC P 2019-03-11 2020-11-20
480 WPX ENERGY INC P 2019-07-17 2020-11-20
231 XYLEM INC P 2018-09-06 2020-11-20
67 XYLEM INC P 2019-03-11 2020-11-20
126 Biogen, Inc P 2019-07-17 2021-06-30
710 Cabot Oil Gas P 2020-06-16 2021-06-30
113 Danaher Corp P 2020-06-16 2021-06-30
184 Kimberly Clark Corp P 2019-01-01 2021-06-30
77 Organon Co P 2013-09-16 2021-06-30
432 Schwab Charles P 2020-06-16 2021-06-30
23 Shopify Inc P 2020-06-16 2021-06-30
133 Pentair PLC P 2020-06-16 2021-06-30
1 Amgen Inc P 1911-11-11 2020-12-07
220 EDP-Electriciadade DE Portugal ADR P 1901-01-01 2020-08-20
1 Wells Fargo P 1911-11-11 2020-10-02
472 Intl Conslidated A spons ADR P 1901-01-01 2020-10-15
1294 Honda Motor P 2021-02-18 2021-06-30
2176 Mylan NV P 2020-06-16 2020-11-17
582 Qiagen NV P 2021-03-03 2021-06-30
Settlements Lawsuit Settlements P 2019-01-01 2021-02-02
K-1 Passthru IDR Core Equity RE Strategy P 2001-01-02 2020-12-31
Capital Gain Dividends      
(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 33,256   20,777 12,479
b 65,187   55,202 9,985
c 39,692   31,379 8,313
d 49,777   38,479 11,298
e 5,856   5,109 747
7,151   6,375 776
4,461   5,215 -754
5,820   5,195 625
4,946   4,977 -31
8,882   8,741 141
8,590   8,816 -226
7,234   5,280 1,954
5,009   5,017 -8
6,754   6,460 294
15,377   7,350 8,027
6,757   6,615 142
       
1,407   1,274 133
21,187   18,557 2,630
39,635   45,992 -6,357
5,097   5,095 2
7,045   5,493 1,552
9   10 -1
47,773   24,441 23,332
20,360   25,443 -5,083
47   46 1
25,184   25,326 -142
99   87 12
5,919   5,131 788
31,032   19,688 11,344
8,619   10,700 -2,081
33,146   26,431 6,715
87,246   88,780 -1,534
9,670   9,749 -79
14,674   13,803 871
58,849   43,232 15,617
34,017   32,654 1,363
16,670   8,452 8,218
8,954   5,519 3,435
45,546   53,151 -7,605
8,812   9,780 -968
26,441   14,364 12,077
20,404   16,602 3,802
26,551   19,714 6,837
14,477   11,489 2,988
34,035   15,423 18,612
14,027   13,444 583
28,609   15,156 13,453
9,568   5,827 3,741
48,233   33,149 15,084
5,328   5,206 122
27,772   22,162 5,610
5,167   5,155 12
11,441   8,370 3,071
7,387   5,240 2,147
7,765   16,679 -8,914
4,906   8,613 -3,707
75,491   41,398 34,093
29,941   19,540 10,401
40,047   21,839 18,208
5,767   7,327 -1,560
6,223   7,088 -865
16,779   3,030 13,749
73,265   25,560 47,705
28,953   5,597 23,356
19,171   9,921 9,250
9,756   5,871 3,885
17,203   10,387 6,816
8,422   5,123 3,299
12,563   22,162 -9,599
4,233   5,182 -949
9,286   7,769 1,517
1,054   864 190
12,206   10,899 1,307
5,950   5,071 879
12,002   10,459 1,543
1,198   1,407 -209
10,888   11,712 -824
26,416   18,715 7,701
118,401   74,133 44,268
103,334   67,585 35,749
14,198   12,888 1,310
2,724   2,726 -2
41,930   52,574 -10,644
51,262   52,262 -1,000
199,739   144,823 54,916
32,004   13,000 19,004
1,455   537 918
3,599   2,225 1,374
24,165   17,290 6,875
3,540   11,602 -8,062
2,008   5,067 -3,059
6,774   5,107 1,667
6,128   6,679 -551
32,754   19,330 13,424
18,753   13,319 5,434
10,175   9,904 271
6,052   7,350 -1,298
29,716   9,753 19,963
49,128   37,247 11,881
17,152   11,156 5,996
36,829   30,105 6,724
20,686   20,064 622
4,739   4,556 183
5,226   5,060 166
22,550   16,406 6,144
62,604   64,618 -2,014
48,675   7,418 41,257
33,845   20,583 13,262
45,920   32,673 13,247
26,740   26,914 -174
14,072   8,426 5,646
9,244   5,007 4,237
6,649   4,941 1,708
4,372   5,147 -775
1,930   6,679 -4,749
51,645   38,993 12,652
24,108   10,353 13,755
19,660   15,663 3,997
18,116   21,167 -3,051
5,463   5,063 400
28,290   15,838 12,452
19,050   6,863 12,187
8,395   7,319 1,076
30,131   11,174 18,957
42,422   25,039 17,383
51,929   51,326 603
8,028   5,746 2,282
8,745   6,366 2,379
2,524   5,170 -2,646
5,048   7,628 -2,580
4,795   5,055 -260
43,512   20,294 23,218
14,120   5,943 8,177
13,194   6,648 6,546
10,879   5,419 5,460
33,041   14,323 18,718
19,577   8,666 10,911
27,780   18,066 9,714
21,777   14,845 6,932
25,741   13,748 11,993
15,196   7,172 8,024
15   18 -3
20,008   15,162 4,846
7,026   5,100 1,926
30,057   4,223 25,834
23,473   6,521 16,952
22,614   9,452 13,162
672   23,490 -22,818
27,363   29,882 -2,519
1,513   2,751 -1,238
3,479   5,135 -1,656
4,160   4,934 -774
12,890   11,750 1,140
5,156   5,064 92
18,045   16,616 1,429
41,107   18,419 22,688
10,257   9,662 595
48,632   9,673 38,959
5,889   5,030 859
18,601   15,762 2,839
42,179   43,109 -930
7,408   5,305 2,103
9,716   5,864 3,852
7,981   5,012 2,969
6,593   5,119 1,474
24   24  
11,678   11,166 512
10,527   12,791 -2,264
2,981   5,101 -2,120
3,260   4,948 -1,688
21,878   18,190 3,688
6,345   5,138 1,207
43,866   29,127 14,739
12,218   13,817 -1,599
30,267   19,842 10,425
24,558   24,392 166
2,353   1,804 549
31,378   16,001 15,377
33,740   18,775 14,965
8,941   5,185 3,756
21     21
252     252
65     65
310     310
41,598   37,094 4,504
34,283   35,193 -910
28,039   28,721 -682
405     405
5,041     5,041
      4,510
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       12,479
b       9,985
c       8,313
d       11,298
e       747
      776
      -754
      625
      -31
      141
      -226
      1,954
      -8
      294
      8,027
      142
       
      133
      2,630
      -6,357
      2
      1,552
      -1
      23,332
      -5,083
      1
      -142
      12
      788
      11,344
      -2,081
      6,715
      -1,534
      -79
      871
      15,617
      1,363
      8,218
      3,435
      -7,605
      -968
      12,077
      3,802
      6,837
      2,988
      18,612
      583
      13,453
      3,741
      15,084
      122
      5,610
      12
      3,071
      2,147
      -8,914
      -3,707
      34,093
      10,401
      18,208
      -1,560
      -865
      13,749
      47,705
      23,356
      9,250
      3,885
      6,816
      3,299
      -9,599
      -949
      1,517
      190
      1,307
      879
      1,543
      -209
      -824
      7,701
      44,268
      35,749
      1,310
      -2
      -10,644
      -1,000
      54,916
      19,004
      918
      1,374
      6,875
      -8,062
      -3,059
      1,667
      -551
      13,424
      5,434
      271
      -1,298
      19,963
      11,881
      5,996
      6,724
      622
      183
      166
      6,144
      -2,014
      41,257
      13,262
      13,247
      -174
      5,646
      4,237
      1,708
      -775
      -4,749
      12,652
      13,755
      3,997
      -3,051
      400
      12,452
      12,187
      1,076
      18,957
      17,383
      603
      2,282
      2,379
      -2,646
      -2,580
      -260
      23,218
      8,177
      6,546
      5,460
      18,718
      10,911
      9,714
      6,932
      11,993
      8,024
      -3
      4,846
      1,926
      25,834
      16,952
      13,162
      -22,818
      -2,519
      -1,238
      -1,656
      -774
      1,140
      92
      1,429
      22,688
      595
      38,959
      859
      2,839
      -930
      2,103
      3,852
      2,969
      1,474
       
      512
      -2,264
      -2,120
      -1,688
      3,688
      1,207
      14,739
      -1,599
      10,425
      166
      549
      15,377
      14,965
      3,756
      21
      252
      65
      310
      4,504
      -910
      -682
      405
      5,041
       
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 1,017,543
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 3 196,976
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 46,052
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  
3 Add lines 1 and 2........................... 3 46,052
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 46,052
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 56,972
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 56,972
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8  
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 10,920
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet10,920 RefundedBullet 11  
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)
    bulletMO
    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 ofbulletUS Bank Private Client Group Telephone no.bullet (417) 888-2202

    Located atbullet1615 S GlenstoneSpringfieldMO ZIP+4bullet65804
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    US Bank as trustee Trustee
    5.00     		376,877    
    1615 S Glenstone
    Springfield,MO65804
    Thomas J Carlson Director
    0.00     		0    
    205 W Walnut Street 200
    Springfield,MO65806
    Peggy Riggs Director
    0.00     		0    
    940 N Jefferson Ave
    Springfield,MO658023718
    Junior Cline Director
    0.00     		0    
    4260 N State Highway H
    Springfield,MO65803
    Thomas L Slaight Director
    0.00     		0    
    4361 E Berkeley St
    Springfield,MO65809
    Rob Baird Chairman
    0.00     		0    
    2928 S Natural Bridge Dr
    Springfield,MO65809
    Community Fdn of the Ozarks Succ. Fdn Mgr
    0.00     		0    
    425 E Trafficway
    Springfield,MO65806
    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  
    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.............bullet  
    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 Provision of grants to eligible 501 (c) (3) organizations. 100,727
    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
    26,934,793
    b
    Average of monthly cash balances.......................
    1b
    622,819
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    27,557,612
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
    27,557,612
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    413,364
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    27,144,248
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,357,212
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,357,212
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    46,052
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    46,052
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,311,160
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,311,160
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    1,311,160
    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
    1,083,368
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    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
    1,083,368
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,083,368
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 1,311,160
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 99,819
    b From 2016......  
    c From 2017......  
    d From 2018...... 350,402
    e From 2019...... 44,813
    fTotal of lines 3a through e........ 495,034
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 1,083,368
    a Applied to 2019, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 1,083,368
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2020. 227,792 227,792
    (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 5 267,242
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    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......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		267,242
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018.... 222,429
    d Excess from 2019.... 44,813
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    Musgrave Foundation
    425 E Trafficway
    Springfield,MO65806
    (417) 864-6199
    bThe form in which applications should be submitted and information and materials they should include:
    Applicants need to request submission form by contacting the Foundation offices.
    cAny submission deadlines:
     
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Foundation activities are limited to the Southwest Missouri area, primarily Greene and surrounding counties.
    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
    Lighthouse Child Development Center
    2548 N Fremont
    Springfield,MO65803     		None 501(c)(3) Administrative Support 31,250
    Community Partnership of the Ozarks
    330 N Jefferson Ave
    Springfield,MO65806     		None 501(c)(3) Homeless support, One Door, Prosper Springfield programs 60,000
    Community Foundation of the Ozarks
    425 E Trafficway
    Springfield,MO65806     		None 501(c)(3) 2020 and 2021 Grants/grantmaking support 891,391
    Total .................................bullet 3a 982,641
    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 ...........     		    14 56,842  
    4 Dividends and interest from securities....     14 345,741  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....         1,250
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....     15 3,093,891  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		        1,017,543
    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)..   3,496,474 1,018,793
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    4,515,267
    (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: 20011551
    Software Version: 2020v4.0


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    Musgrave Foundation
    EIN:
    43-1304514
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    RMMC 5,750 0 0 5,750

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    Musgrave Foundation
    EIN:
    43-1304514
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Name of Stock End of Year Book Value End of Year Fair Market Value
    US Equity 9,061,690 13,895,101

    TY 2020 InvestmentsOtherSchedule2
    Name:
    Musgrave Foundation
    EIN:
    43-1304514
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    Mineral and Royalty Interests AT COST 366 5,183,567
    Partnership Capital AT COST 603,469 741,498
    Fixed Income Funds AT COST 5,595,738 5,714,449
    Emerging Foreign AT COST 1,389,019 1,993,480
    Developed Foreign AT COST 3,426,710 4,227,880
    Hedged Equity AT COST 11,715  
    US Listed Real Estate AT COST 692,926 832,212
    Pershing Square Tontine Hldgs AT COST 27,534 20,689
    Spdr S P Oil Gas Explor Prodtn AT COST 10,030 11,796

    TY 2020 OtherDecreasesSchedule
    Name:
    Musgrave Foundation
    EIN:
    43-1304514
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Amount
    Return of capital 894
    Royalty expense adjustments 28


    TY 2020 OtherExpensesSchedule
    Name:
    Musgrave Foundation
    EIN:
    43-1304514
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADR agent fees, adjustments 2,838 2,838    
    Depletion on mineral rights 464,084 464,084    
    Hedrick Interactive 700     700
    Oil production expenses 356,636 356,636    
    Partnership K-1 deductions 4,166 4,166    
    Volunteer appreciation 58     58


    TY 2020 OtherIncomeSchedule2
    Name:
    Musgrave Foundation
    EIN:
    43-1304514
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Other Investment Income 3,093,891 3,093,891  


    TY 2020 OtherIncreasesSchedule
    Name:
    Musgrave Foundation
    EIN:
    43-1304514
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Amount
    Depletion ded. TR not on books 464,084


    TY 2020 TaxesSchedule
    Name:
    Musgrave Foundation
    EIN:
    43-1304514
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADR Fees 17 17    
    Estimated tax payments 56,972 56,972    
    Foreign taxes w/h at source 8,459 8,459    
    Prior period excise taxes paid 26,361 26,361