Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
MORGAN CHARITABLE FOUNDATION
ATTN MARK DRAKE
Number and street (or P.O. box number if mail is not delivered to street address)5901 COLLEGE BLVD NO 100
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
OVERLAND PARK, KS66211
A Employer identification number

47-5577049
B Telephone number (see instructions)

(913) 319-0324
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$7,193,024J 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 43,418 43,418  
4 Dividends and interest from securities... 223,268 222,016  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 16,245
b Gross sales price for all assets on line 6a 1,614,558
7 Capital gain net income (from Part IV, line 2)... 16,245
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 282,931 281,679  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 300 300   0
b Accounting fees (attach schedule)....... Click to see attachment 4,525 4,525   0
c Other professional fees (attach schedule).... Click to see attachment 28,641 28,641   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,742 1,124   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 35,208 34,590   0
25 Contributions, gifts, grants paid....... 336,000 336,000
26 Total expenses and disbursements. Add lines 24 and 25 371,208 34,590   336,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -88,277
b Net investment income (if negative, enter -0-) 247,089
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 6,250 5,941 5,941
2 Savings and temporary cash investments......... 199,109 163,372 163,372
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)....... 2,709,933 Click to see attachment3,014,976 5,171,357
c Investments—corporate bonds (attach schedule)....... 1,441,142 Click to see attachment1,315,871 1,416,767
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 565,942 Click to see attachment334,476 435,565
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment559 Click to see attachment22 Click to see attachment22
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 4,922,935 4,834,658 7,193,024
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 4,922,935 4,834,658
29 Total net assets or fund balances (see instructions)..... 4,922,935 4,834,658
30 Total liabilities and net assets/fund balances (see instructions). 4,922,935 4,834,658
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
4,922,935
2
Enter amount from Part I, line 27a .....................
2
-88,277
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
4,834,658
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
4,834,658
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 AT & T INC SR GLBL NT DTD 8/15/2018 4.1% P 2020-08-13 2020-12-16
b ABBVIE INC SENIOR GLOBAL NOTE DTD 5/9/2016 2.3% P 2020-12-09 2020-12-16
c 100 SHS ALIBABA GROUP HLDG LTD P 2020-05-14 2020-08-20
d AMERICAN INTERNATIONAL GROUP INC SR GLBL NT DTD 9/25/2013 4.125% P 2020-12-09 2020-12-16
e AMERICAN TOWER CORP NEW SR GLBL NT DTD 1/10/20 2.9% P 2020-02-21 2020-12-16
BANK OF AMERICA CORP FIXED TO FLOAT DTD 7/23/19 3.194% P 2010-10-20 2020-12-16
BIOGEN INC SR GLBL NT DTD 9/15/2015 2.9% P 2019-07-17 2020-05-28
BLACKROCK INC SR GLBL NT DTD 4/29/19 3.25% P 2020-05-07 2020-12-16
75 SHS BOEING CO P 2019-11-19 2020-03-19
CBS CORP NEW SR GLBL NT DTD 7/6/2016 2.9% P 2019-07-17 2020-02-21
CVS HEALTH CORP SENIOR GLBL NOTE DTD 7/202015 3.875% P 2020-12-09 2020-12-16
400 SHS CHURCH & DWIGHT CO INC P 2020-04-13 2020-06-05
CITIGROUP INC SR GLBL NT DTD 10/23/2017 3.52% P 2020-12-10 2020-12-16
1000 SHS CORNING INC P 2019-09-09 2020-05-14
200 SHS DATADOG INC CLASS A P 2020-04-22 2020-06-12
DISNEY WALT CO SR GLBL COCO DTD 3/23/2020 3.35% P 2020-06-11 2020-12-16
GENERAL ELECTRIC CO NOTE DTD 10/09/2012 2.7% P 2019-08-13 2020-04-23
GENERAL ELECTRIC CO SR GLBL NT DTD 4/22/2020 3.45% P 2020-10-21 2020-12-16
GENERAL MOTORS FINANCIAL CO INC GLBL NOTE DTD 6/29/2016 3.2% P 2020-12-09 2020-12-16
125 SHS GLOBAL PAYMENTS INC P 2020-01-15 2020-09-18
HUNTINGTON BANCSHARES INC GLBL NT DTD 2/4/2020 2.55% P 2020-02-24 2020-12-16
INTEL CORP SR NOTE DTD 12/11/2012 2.7% P 2019-07-17 2020-04-21
INTEL CORP SR NOTE DTD 3/25/2020 3.9% P 2020-04-21 2020-12-16
100 SHS L3HARRIS TECHNOLOGIES INC P 2020-05-14 2020-06-30
100 SHS LAUDER ESTEE INC CL A P 2020-05-14 2020-10-13
35 SHS MSCI INC P 2020-05-14 2020-07-28
MACY'S RETAIL HOLDINGS INC SENIOR NOTE DTD 11/4/2012 2.875% P 2019-07-17 2020-01-07
125 SHS MCDONALDS CORP P 2019-11-26 2020-06-11
MORGAN STANLEY SENIOR NOTE DTD 7/28/2011 5.5% P 2020-12-09 2020-12-16
300 SHS NOVARTIS A G SPONSORED ADR P 2020-04-08 2020-09-24
PEPSICO INC SR NT DTD 4/30/2015 2.75% P 2020-12-09 2020-12-16
325 SHS PRUDENTIAL FINANCIAL INC P 2019-04-05 2020-02-26
TARGET CORP SR GLBL NT 2.5% P 2020-12-09 2020-12-16
150 SHS XILINX INC P 2019-06-13 2020-04-13
300 SHS DATADOG INC CLASS A P 2020-04-22 2020-09-03
475 SHS AT & T INC P 2016-06-06 2020-06-11
AT & T INC SR GLBL NT DTD 1/29/2016 3.6% P 2017-01-10 2020-08-05
ABBVIE INC SENIOR GLOBAL NOTE DTD 5/09/2016 2.3% P 2019-07-18 2020-12-16
ACTIVISION BLIZZARD INC SR GLBL NT DTD 3/15/2017 3.4% P 2019-07-11 2020-12-16
AMERICAN INTERNATIONAL GROUP INC SR GLOBAL NT DTD 9/25/2013 4.125% P 2019-12-13 2020-12-16
AMGEN INC SR GLBL NT DTD 5/22/2014 3.625% P 2016-09-21 2020-12-16
ANHEUSER-BUSCH INBEV WLDW INC FR DTD 3/20/2018 4% P 2018-04-25 2020-12-16
APPLE INC GLOBAL NOTE DTD 5/3/2013 2.4% P 2016-09-21 2020-12-16
BANK OF AMERICA CORP DTD 10/19/2015 2.625% P 2016-06-08 2020-10-19
BERKSHIRE HATHAWAY INC SR GLBL NT DTD 3/15/2016 3.125% P 2019-07-17 2020-12-16
BIOGEN INC SR GLBL NT DTD 9/15/2015 2.9% P 2017-06-08 2020-05-28
CBS CORP NEW SR GLBL NT DTD 7/6/2016 2.9% P 2017-11-15 2020-02-21
CVS HEALTH CORP SENIOR GLOBAL NOTE DTD 7/20/2015 3.875% P 2016-06-08 2020-12-16
CAPITAL ONE FINANCIAL CORP SENIOR GLOBAL NOTE 3.75% P 2018-01-17 2020-12-16
750 SHS CISCO SYSTEMS INC P 2016-06-02 2020-09-24
CITIGROUP INC SR GLBL NT DTD 10/26/2015 2.65% P 2016-06-08 2020-10-26
500 SHS COCA COLA CO P 2017-04-10 2020-07-21
2054.003 SHS DFA EMERGING MARKETS CORE EQUITY P 2017-01-26 2020-05-14
225 SHS DEERE & CO INC P 2018-10-26 2020-04-13
300 SHS DISNEY WALT CO P 2018-08-17 2020-05-04
116.66 SHS DOW INC P 2016-12-20 2020-04-13
325 SHS ENBRIGE INC P 2016-06-06 2020-09-24
GENERAL MOTORS FINANCIAL CO INC GLBL NT DTD 6/29/2016 3.2% P 2019-06-19 2020-12-16
GOLDMAN SACHS GROUP INC SR GLBL NOTE 3.5% P 2019-01-11 2020-12-16
INTEL CORP SR NOTE DTD 12/11/2012 2.7% P 2016-06-08 2020-04-21
50 SHS INTERCONTINENTAL EXCHANGE INC P 2017-01-24 2020-07-07
225 SHS IQVIA HOLDINGS INC P 2018-08-17 2020-04-01
500 SHS ISHARES CORE S & P SMALL-CAP ETF P 2018-06-01 2020-04-13
JP MORGAN CHASE BANK NA DTD 7/23/2018 FIXED TO FLOAT 4.203% P 2019-08-08 2020-12-16
KEYCORP MEDIUM TERM NTS BE FR DTD 4/23/2018 4.1% P 2018-06-28 2020-12-16
10968.782 SHS LORD ABBETT SHORT DURATION INCOME P 2016-06-02 2020-09-25
75 SHS LULULEMON ATHLETICA INC P 2018-12-12 2020-06-12
MACY'S RETAIL HOLDINGS INC DTD SENIOR NOTE DTD 11/14/2020 2.875% P 2017-11-15 2020-01-07
MCDONALDS CORP MED TERM NT DTD 12/09/2015 3.7% P 2016-06-08 2020-12-16
MICROSOFT CORP NOTE DTD 12/06/2013 3.625% P 2019-07-17 2020-12-16
MORGAN STANLEY SENIOR NOTE DTD 7/28/2011 5.5% P 2016-09-21 2020-12-16
.5 SHS OLD DOMINION FREIGHT LINES INC P 2018-09-05 2020-03-25
PAYPAL HOLDINGS INC SR GLBL NT DTD 9/26/2019 2.4% P 2019-12-10 2020-12-16
PEPSICO INC SR NT DTD 4/30/2015 2.75% P 2016-09-21 2020-12-16
750 SHS PFIZER INC P 2016-11-17 2020-06-16
RAYMOND JAMES FINANCIAL INC SR GLBL NT DTD 12/12/2016 3.625% P 2016-09-21 2020-12-16
SALESFORCE.COM INC SR NT DTD 4/5/2018 3.7% P 2018-06-28 2020-12-16
STARBUCKS CORP SR GLBL NT DTD 8/10/2018 3.8% P 2019-07-17 2020-12-16
SYNCHRONY FINANCIAL SR GLBL NT DTD 8/11/2014 4.25% P 2019-12-05 2020-12-16
TARGET CORP SR GLBL NT 2.5% P 2019-07-17 2020-12-16
1500 SHS UNDER ARMOUR INC P 2018-09-05 2020-03-09
150 SHS UNITED RENTALS INC P 2018-09-20 2020-01-31
700 SHS VANGUARD FTSE DEVELOPED MARKETS ETF P 2017-12-11 2020-02-24
300 SHS VANGUARD MID CAP ETF P 2016-12-06 2020-03-09
VERIZON COMMUNCIATIONS INC SR GLBL NT DTD 3/13/2017 4.125% P 2019-02-21 2020-12-16
150 SHS VISA INC CL A P 2017-01-24 2020-04-15
VNWARE INC SENIOR GLOBAL NOTE 3.9% P 2018-01-17 2020-12-16
WALGREENS BOOTS ALLIANCE INC SR NT DTD 11/07/2014 3.8% P 2019-07-09 2020-12-16
400 SHS WASTE MANAGEMENT INC P 2018-02-09 2020-07-28
WELLS FARGO CO DTD 9/28/2015 3.55% P 2016-06-08 2020-12-16
300 SHS EATON CORP PLC P 2016-07-14 2020-03-24
DISNEY WALT CO SR GLBL COCO DTD 3/23/2020 3.35% P 2020-12-09 2020-12-16
HUNTINGTON BANCSHARES INC GLBL NT DTD 2/4/2020 2.55% P 2020-12-09 2020-12-16
100 SHS XILINX INC P 2020-01-15 2020-04-13
225 SHS AT & T INC P 2016-09-06 2020-06-11
AT & T INC SR GLBL NT DTD 01/29/2016 3.6% P 2017-01-11 2020-08-05
AT & T INC SR GLBL NT DTD 01/29/2016 3.6% P 2017-11-08 2020-08-05
AT & T INC SR GLBL NT DTD 01/29/2016 3.6% P 2019-07-17 2020-08-05
ACTIVISION BLIZZARD INC SR GLBL NT DTD 3/15/2017 3.4% P 2019-07-17 2020-12-16
AMGEN INC SR GLBL NT DTD 5/22/2014 3.625% P 2019-07-18 2020-12-16
BANK OF AMERICA CORP DTD 10/19/2015 2.625% P 2016-09-21 2020-10-19
BANK OF AMERICA CORP DTD 10/19/2015 2.625% P 2016-11-02 2020-10-19
BANK OF AMERICA CORP DTD 10/19/2015 2.625% P 2016-12-21 2020-10-19
BANK OF AMERICA CORP DTD 10/19/2015 2.625% P 2017-11-08 2020-10-19
BANK OF AMERICA CORP DTD 10/19/2015 2.625% P 2019-07-17 2020-10-19
CAPITAL ONE FINANCIAL CORP SENIOR GLOBAL NOTE 3.75% P 2019-07-17 2020-12-16
250 SHS CISCO SYSTEMS INC P 2016-08-24 2020-09-24
CITIGROUP INC SR GLBL NT DTD 10/26/2015 2.65% P 2016-09-21 2020-10-26
CITIGROUP INC SR GLBL NT DTD 10/26/2015 2.65% P 2016-11-02 2020-10-26
CITIGROUP INC SR GLBL NT DTD 10/26/2015 2.65% P 2016-12-21 2020-10-26
CITIGROUP INC SR GLBL NT DTD 10/26/2015 2.65% P 2017-11-08 2020-10-26
CITIGROUP INC SR GLBL NT DTD 10/26/2015 2.65% P 2019-07-17 2020-10-26
300 SHS COCA COLA CO P 2017-05-03 2020-07-21
66.34 SHS DOW INC P 2017-10-24 2020-04-13
217 SHS DOW INC P 2019-04-08 2020-04-13
175 SHS ENBRIDGE INC P 2016-06-29 2020-09-24
GENERAL MOTORS FINANCIAL CO INC GLBL NT DTD 6/29/2016 3.2% P 2019-07-17 2020-12-16
GOLDMAN SACHS GROUP INC SR GLBL NOTE 3.5% P 2019-07-18 2020-12-16
INTEL CORP SR NOTE DTD 12/11/2012 2.7% P 2017-11-08 2020-04-21
INTEL CORP SR NOTE DTD 12/11/2012 2.7% P 2016-12-21 2020-04-21
INTEL CORP SR NOTE DTD 12/11/2012 2.7% P 2016-11-02 2020-04-21
INTEL CORP SR NOTE DTD 12/11/2012 2.7% P 2016-09-21 2020-04-21
200 SHS INTERCONTINENTAL EXCHANGE INC P 2017-04-26 2020-07-07
KEYCORP MEDIUM TERM NTS BE FR DTD 4/23/2018 4.1% P 2019-07-17 2020-12-16
11627.907 SHS LORD ABBETT SHORT DURATION INCOME P 2017-03-31 2020-09-25
MCDONALDS CORP MED TERM NT DTD 12/09/2015 3.7% P 2019-07-17 2020-12-16
250 SHS PFIZER INC P 2018-07-25 2020-06-16
RAYMOND JAMES FINANCIAL INC SR GLBL NT DTD 12/12/2016 3.625% P 2016-11-02 2020-12-16
SALESFORCE.COM INC SR NT DTD 4/5/2018 3.7% P 2019-07-17 2020-12-16
300 SHS VANGUARD FTSE DEVELOPED MARKETS ETF P 2018-03-28 2020-02-24
200 SHS VANGUARD MID CAP ETF P 2016-12-19 2020-03-09
VERIZON COMMUNICATIONS INV SR GLBL NT DTD 3/13/20 P 2019-07-17 2020-12-16
VNWARE INC SENIOR GLOBAL NOTE 3.9% P 2019-07-17 2020-12-16
WALGREENS BOOTS ALLIANCE INC SR NT DTD 11/07/2014 3.8% P 2019-07-09 2020-12-16
WELLS FARGO CO DTD 9/28/2015 3.55% P 2019-07-17 2020-12-16
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 9,415   9,297 118
b 3,016   3,019 -3
c 25,649   19,674 5,975
d 1,107   1,107 0
e 4,336   4,091 245
7,794   7,765 29
10,078   10,013 65
11,471   11,126 345
7,533   27,779 -20,246
5,138   4,866 272
4,520   4,519 1
29,206   27,171 2,035
9,008   8,995 13
19,380   28,761 -9,381
15,298   8,225 7,073
5,527   5,451 76
46,238   45,130 1,108
5,588   5,314 274
1,011   1,012 -1
22,722   24,371 -1,649
4,278   4,058 220
9,459   9,124 335
9,618   9,328 290
17,344   17,310 34
22,265   16,067 6,198
13,139   11,720 1,419
1,992   1,980 12
23,812   24,231 -419
5,153   5,156 -3
25,808   25,251 557
4,350   4,348 2
26,781   31,997 -5,216
2,198   2,197 1
12,344   16,322 -3,978
24,178   12,337 11,841
14,745   18,750 -4,005
28,076   26,093 1,983
3,016   2,997 19
3,408   3,054 354
5,536   5,278 258
4,387   4,127 260
9,336   7,935 1,401
9,439   9,051 388
14,000   14,000 0
8,936   8,236 700
40,312   40,084 228
23,633   21,996 1,637
3,390   3,145 245
5,684   5,006 678
28,269   21,794 6,475
17,000   17,000 0
23,584   21,360 2,224
34,795   38,081 -3,286
31,695   30,070 1,625
30,619   33,781 -3,162
4,065   6,701 -2,636
9,597   13,653 -4,056
1,011   1,001 10
5,577   4,763 814
15,765   15,259 506
4,624   2,879 1,745
23,093   27,047 -3,954
29,669   41,789 -12,120
8,282   7,670 612
2,361   1,994 367
45,630   47,495 -1,865
22,352   9,207 13,145
13,948   13,288 660
6,807   6,233 574
6,548   6,252 296
3,092   3,055 37
62   53 9
5,330   5,020 310
4,350   4,076 274
24,842   24,049 793
3,445   3,033 412
4,665   3,976 689
9,059   8,392 667
7,687   7,332 355
7,694   7,027 667
16,728   30,576 -13,848
20,761   25,917 -5,156
29,262   31,139 -1,877
44,857   39,697 5,160
1,178   1,016 162
24,835   12,493 12,342
4,495   3,998 497
3,296   3,083 213
42,936   31,769 11,167
1,117   1,030 87
19,980   19,268 712
3,316   3,309 7
1,070   1,068 2
8,229   9,899 -1,670
6,984   9,303 -2,319
15,118   14,051 1,067
2,160   2,031 129
9,719   9,238 481
3,408   3,071 337
7,676   7,247 429
11,000   11,000 0
4,000   4,000 0
3,000   2,992 8
5,000   5,000 0
6,000   6,000 0
3,411   3,073 338
9,423   7,780 1,643
11,000   11,000 0
5,000   5,000 0
3,000   2,993 7
6,000   6,000 0
8,000   8,000 0
14,151   12,994 1,157
2,312   4,654 -2,342
7,562   12,582 -5,020
5,167   7,376 -2,209
5,056   5,011 45
2,231   2,036 195
3,153   3,023 130
4,204   3,989 215
5,255   5,083 172
11,561   11,207 354
18,498   12,287 6,211
5,903   5,368 535
48,372   50,000 -1,628
4,538   4,195 343
8,280   9,449 -1,169
2,296   2,027 269
2,333   2,131 202
12,541   13,148 -607
29,904   26,700 3,204
8,243   7,463 780
2,247   2,008 239
4,395   4,117 278
7,823   7,230 593
405     405
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       118
b       -3
c       5,975
d       0
e       245
      29
      65
      345
      -20,246
      272
      1
      2,035
      13
      -9,381
      7,073
      76
      1,108
      274
      -1
      -1,649
      220
      335
      290
      34
      6,198
      1,419
      12
      -419
      -3
      557
      2
      -5,216
      1
      -3,978
      11,841
      -4,005
      1,983
      19
      354
      258
      260
      1,401
      388
      0
      700
      228
      1,637
      245
      678
      6,475
      0
      2,224
      -3,286
      1,625
      -3,162
      -2,636
      -4,056
      10
      814
      506
      1,745
      -3,954
      -12,120
      612
      367
      -1,865
      13,145
      660
      574
      296
      37
      9
      310
      274
      793
      412
      689
      667
      355
      667
      -13,848
      -5,156
      -1,877
      5,160
      162
      12,342
      497
      213
      11,167
      87
      712
      7
      2
      -1,670
      -2,319
      1,067
      129
      481
      337
      429
      0
      0
      8
      0
      0
      338
      1,643
      0
      0
      7
      0
      0
      1,157
      -2,342
      -5,020
      -2,209
      45
      195
      130
      215
      172
      354
      6,211
      535
      -1,628
      343
      -1,169
      269
      202
      -607
      3,204
      780
      239
      278
      593
      405
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 16,245
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 3,435
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 3,435
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 3,435
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 2,229
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 2,229
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 1,206
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet   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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletKS
    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 ofbulletMORGAN CHARITABLE FOUNDATION Telephone no.bullet (913) 319-0324

    Located atbullet5901 COLLEGE BLVD SUITE 100OVERLAND PARKKS ZIP+4bullet66211
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    TODD D MORGAN CO-PRES. & SECRETARY/DIREC
    1.00     		0 0 0
    PO BOX 11332
    OVERLAND PARK,KS66207
    SANDRA S MORGAN CO-PRESIDENT/DIRECTOR
    1.00     		0 0 0
    PO BOX 11332
    OVERLAND PARK,KS66207
    JEREMY MORGAN VICE PRESIDENT/DIRECTOR
    1.00     		0 0 0
    PO BOX 11332
    OVERLAND PARK,KS66207
    TIMOTHY MORGAN VICE PRESIDENT/DIRECTOR
    1.00     		0 0 0
    PO BOX 11332
    OVERLAND PARK,KS66207
    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 N/A -- REFER TO PART XV -- ALL OF THE FOUNDATION'S CHARITABLE ACTIVITIES ARE CASH CONTRIBUTIONS PAID DIRECTLY TO TAX EXEMPT CHARITABLE ORGANIZATIONS 0
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    6,616,432
    b
    Average of monthly cash balances.......................
    1b
    262,045
    c
    Fair market value of all other assets (see instructions)................
    1c
    4,858
    d
    Total (add lines 1a, b, and c).........................
    1d
    6,883,335
    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
    6,883,335
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    103,250
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    6,780,085
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    339,004
    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
    339,004
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    3,435
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,435
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    335,569
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    335,569
    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
    335,569
    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
    336,000
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    336,000
    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
    336,000
    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 7 335,569
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 314,840
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 336,000
    a Applied to 2019, but not more than line 2a 314,840
    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..... 21,160
    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 ..........     		314,409
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    MARK DRAKE
    5901 COLLEGE BOULEVARD SUITE 100
    OVERLAND PARK,KS66211
    (913) 319-0324
    MDRAKE@MIDWESTTRUST.COM
    bThe form in which applications should be submitted and information and materials they should include:
    BRIEF LETTER STATING GENERAL NATURE, GOALS, & PURPOSE OF REQUESTING ORGANIZATION
    cAny submission deadlines:
    SUBMISSION SHOULD BE MADE BY DECEMBER 31ST FOR REQUEST FOR FUNDS FOR NEXT CALENDAR YEAR
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    ORGANIZATION MUST BE TAX EXEMPT UNDER IRC 501(C)(3)
    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
    CHURCH OF THE RESURRECTION
    13720 ROE AVENUE
    LEAWOOD,KS66224     		N/A TAX EXEMPT ORGANIZAT CHANGE LIVES, RENEW CHURCHES AND TRANSFORM COMMUNITIES 25,000
    HARVESTERS
    3801 TOPPING AVENUE
    KANSAS CITY,MO64129     		N/A TAX EXEMPT ORGANIZAT PROVIDE FOOD AND RELATED HOUSEHOLD PRODUCTS TO FEED HUNGRY PEOPLE TODAY AND TO END HUNGER TOMORROW, PROVIDE EDUCATION PROGRAMS TO INCREASE COMMUNITY AWARENESS OF HUNGER AND TEACH ABOUT GOOD NUTRITION 300,000
    PROJECT ALS-LAUREN SINGER GOLDFARB FELLOWSHIP
    4330 CAMP KAUFMANN ROAD
    HUNTINGTON,MD20639     		N/A TAX EXEMPT ORGANIZAT PROVIDE TARGETED EFFORT TOWARD WAYS TO MEASURE THE EFFECT OF POTENTIAL NEW DRUGS FOR PEOPLE WITH ALS 1,000
    RESURRECTION FOUNDATION
    13720 ROE AVENUE
    LEAWOOD,KS66224     		N/A TAX EXEMPT ORGANIZAT TO IDENTIFY AND DEVELOP OPPORTUNITIES FOR PLANNED GIVING. TO ENDOW AND SUPPORT THE LASTING IMPACT OF THE CHURCH'S MINISTRY AND MISSION 10,000
    Total .................................bullet 3a 336,000
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 43,418  
    4 Dividends and interest from securities....     14 223,268  
    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 16,245  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 282,931 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    282,931
    (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:
    MORGAN CHARITABLE FOUNDATION
     
    ATTN MARK DRAKE
    EIN:
    47-5577049
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    O'HALLORAN SHERMAN ASSOCIATES, LLC-ACCOUNTING FOR ACTIVITY AND 0 0   0
    PREPARATION OF FORM 990-PF. ASSIST WITH COMPLIANCE OF 0 0   0
    PRIVATE FOUNDATION RULES AND REGULATIONS. 4,525 4,525   0

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    MORGAN CHARITABLE FOUNDATION
     
    ATTN MARK DRAKE
    EIN:
    47-5577049
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AMGEN INC SR GLBL NT DTD 5/22/2014 3.625% 40,146 42,809
    APPLE INC GLOBAL NOTE DTD 5/3/2013 2.4% 44,288 46,154
    CVS HEALTH CORP SENIOR GLOBAL NOTE DTD 7/20/2015 3.875% 35,401 38,505
    MCDONALDS CORP MED TERM NT DTD 12/9/2015 3.7% 48,907 53,537
    MICROSOFT CORP NOTE DTD 12/6/2013 3.625% 37,433 39,318
    MORGAN STANLEY SENIOR NOTE DTD 7/28/2011 5.5% 40,089 40,147
    PEPSICO INC SR NT DTD 4/30/2015 2.75% 41,477 44,629
    RAYMOND JAMES FINANCIAL INC SR GLBL NT 26 DTD 12/12/2016 3.625% 26,571 29,826
    TARGET CORP SR GLBL NT 2.5% 46,983 53,048
    WELLS FARGO CO DTD 9/28/2015 3.55% 45,471 49,427
    ABBVIE INC SENIOR GLOBAL NOTE DTD 5/9/16 2.3% 5/14/21 34,846 35,194
    CAPITAL ONE FINANCIAL CORP SENIOR GLOBAL NOTE 3.75% 3/9/27 38,311 43,366
    KEYCORP MEDIUM TERM NTS BE FR DTD 4/23/18 4.1% 4/30/28 37,604 43,899
    SALESFORCE.COM INC SR NT DTD 4/5/18 3.7% 4/11/28 33,066 38,937
    VMWARE INC SENIOR GLOBAL NOTE 3.9% 8/21/27 28,937 32,716
    ACTIVISION BLIZZARD INC SR GLBL NT DTD 3/15/2017 3.4% 29,892 32,985
    AMERICAN INTERNATIONAL GROUP INC SR GLOBAL NT DTD 9/25/13 4.125% 31,843 33,217
    BERKSHIRE HATHAWAY INC SR GLBL NT DTD 3/15/2016 3.125% 39,655 44,692
    GENERAL MOTORS FINANCIAL CO INC GLBL NT DTD 6/29/2016 3.2% 35,074 35,377
    JP MORGAN CHASE BANK NT DTD 7/23/2018 4.203% 39,838 43,041
    PAYPAL HOLDINGS INC SR GLBL NT DTD 9/26/2019 2.4% 29,185 30,990
    STARBUCKS CORP SR GLBL NT DTD 8/10/2018 3.8% 39,861 44,383
    SYNCHRONY FINANCIAL SR GLBL NT DTD 8/11/2014 4.25% 36,905 38,672
    WALGREENS BOOTS ALLIANCE SR NT DTD 11/7/2014 3.8% 34,194 36,474
    ANHEUSER-BUSCH INBEV WLDW INC FR DTD 3/20/18 4% 36,270 42,443
    GOLDMAN SACHS GROUP INC SR GLBL NOTE 3.5% 36,652 42,660
    VERIZON COMMUNICATIONS INC SR GLBL NT DTD 3/13/2017 4.125% 39,249 44,790
    AT & T INC SR GLBL NT DTD 8/15/2018 4.1% 37,438 37,621
    AMERICAN TOWER CORP NEW SR GLBG NT DTD 01/10/2020 2.9% 22,522 23,980
    BANK OF AMERICA CORP FIXED TO FLOAT DTD 7/23/2019 3.194% 38,875 39,224
    BLACKROCK INC SR GLBL NT DTD 4/29/19 3.25% 33,429 34,581
    CITIGROUP INC SR GLBL NT DTD 10/23/17 3.52% 41,614 41,831
    DISNEY WALT CO SR GLBL COCO DTD 3/23/2020 3.35% 43,800 44,344
    GENERAL ELECTRIC CO SR GLBL NT DTD 4/22/2020 3.45% 23,407 24,883
    HUNTINGTON BANCSHARES INC GLBL NT DTD 2/4/2020 2.55% 23,346 24,666
    INTEL CORP SR GLBL NT DTD 3/25/2020 3.9% 43,292 44,401

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    MORGAN CHARITABLE FOUNDATION
     
    ATTN MARK DRAKE
    EIN:
    47-5577049
    Name of Stock End of Year Book Value End of Year Fair Market Value
    600 SHS AT & T INC 22,492 17,256
    35,536 SHS VALLEY VIEW BANCSHARES 1,151,366 2,103,731
    500 SHS ABBVIE INC 46,830 53,575
    75 SHS ALPHABET INC CL C 87,647 131,391
    60 SHS AMAZON.COM INC 114,062 195,416
    200 SHS AMERICAN TOWER CORP REIT 21,305 44,892
    1800 SHS APPLE INC 63,545 238,842
    500 SHS BAXTER INTERNATIONAL INC 22,446 40,120
    200 SHS COSTCO WHOLESALE CORP 30,847 75,356
    400 SHS CROWN CASTLE INTERNATIONAL CORP 33,458 63,676
    700 SHS ENBRIDGE INC 24,146 22,393
    325 SHS FACEBOOK INC CL A 60,780 88,777
    250 SHS HOME DEPOT INC 37,601 66,405
    250 SHS INTERCONTINENTAL EXCHANGE INC 14,397 28,823
    400 SHS JP MORGAN CHASE & CO 36,501 50,828
    150 SHS JOHNSON & JOHNSON 20,538 23,607
    125 SHS LOCKHEED MARTIN CORP 38,352 44,373
    600 SHS MICROSOFT CORP 52,824 133,452
    400 SHS QUALCOMM INC 20,707 60,936
    325 SHS UNION PACIFIC CORP 28,744 67,672
    1000 SHS VERIZON COMMUNICATIONS INC 53,842 58,750
    400 SHS VISA INC CL A 32,248 87,492
    300 SHS ZOETIS INC CL A 27,060 49,650
    350 SHS DIGITAL REALTY TRUST 37,975 48,828
    600 SHS EDWARDS LIFESCIENCES 30,302 54,738
    500 SHS MERCK & CO INC 29,317 40,900
    75 SHS NETFLIX INC 29,184 40,555
    337 SHS OLD DOMINION FREIGHT LINES INC 35,764 65,776
    500 SHS PAYPAL HLDGS INC 55,743 117,100
    200 SHS STRYKER CORP 32,988 49,008
    125 SHS UNITEDHEALTH GROUP INC 28,900 43,835
    175 SHS LULULEMON ATHLETICA INC 21,483 60,905
    100 SHS ADOBE INC 33,459 50,012
    175 CHARLES RIVER LABS INTL INC 26,494 43,725
    150 SHS NVIDIA CORP 24,002 78,330
    350 SHS AMPHENOL CORP 36,632 45,770
    150 SHS BERKSHIRE HATHAWAY INC CLASS B 28,183 34,780
    400 SHS CHEVRON CORP 36,479 33,780
    100 SHS DOCUSIGN INC 20,140 22,230
    450 SHS DRAFTKINGS INC CLASS A 17,752 20,952
    25 SHS INTUITIVE SURGICAL INC 12,647 20,452
    75 SHS LAM RESEARCH CORP 21,029 35,420
    200 SHS LOWES 33,228 32,102
    200 SHS MASTERCARD INC 61,265 71,388
    275 SHS MATCH GROUP INC 27,766 41,577
    25 SHS O'REILLY AUTOMOTIVE INC 11,608 11,314
    225 QUEST DIAGNOSTICS INC 26,284 26,813
    75 SHS S & P GLOBAL INC 22,207 24,655
    75 SHS SERVICENOW INC 30,946 41,282
    75 SHS SHERWIN WILLIAMS CO 49,145 55,118
    15 SHS SHOPIFY INC A 15,152 16,979
    325 SHS STARBUCKS CORP 24,956 34,769
    125 SHS SYNOPSYS INC 19,350 32,405
    50 SHS THE TRADE DESK INC 23,281 40,050
    75 SHS THERMO FISHER SCIENTIFIC INC 21,750 34,934
    1500 SHS WILLIAMS COS INC 30,205 30,075
    100 SHS ATLASSIAN CORP PLC 17,622 23,387

    TY 2020 InvestmentsOtherSchedule2
    Name:
    MORGAN CHARITABLE FOUNDATION
     
    ATTN MARK DRAKE
    EIN:
    47-5577049
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    1000 SHS ISHARES MSCI EMERGING MARKETS INDEX AT COST 37,490 51,670
    400 SHS ISHARES RUSSELL 2000 INDEX AT COST 60,619 78,424
    2000 SHS VANGUARD FTSE DEVELOPED MARKETS ETF AT COST 84,587 94,420
    500 SHS VANGUARD MID CAP ETF AT COST 63,491 103,385
    750 SHS VANGUARD FTSE EMERGING MARKETS ETF AT COST 31,711 37,583
    300 SHS ISHARES NASDAQ BIOTECHNOLOGY INDEX FUND AT COST 38,567 45,447
    175 SHS SPDR S & P BIOTECH ETF AT COST 18,011 24,636

    TY 2020 LegalFeesSchedule
    Name:
    MORGAN CHARITABLE FOUNDATION
     
    ATTN MARK DRAKE
    EIN:
    47-5577049
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    SPENCER FANE-REVIEW OF FORM 990-PF AND ASSIST WITH COMPLIANCE OF PRIVATE 0 0   0
    FOUNDATION RULES AND REGULATIONS 300 300   0


    TY 2020 OtherAssetsSchedule
    Name:
    MORGAN CHARITABLE FOUNDATION
     
    ATTN MARK DRAKE
    EIN:
    47-5577049
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DIVIDENDS DUE FROM MIDWEST TRUST 559 22 22


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    MORGAN CHARITABLE FOUNDATION
     
    ATTN MARK DRAKE
    EIN:
    47-5577049
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES-MIDWEST TRUST COMPANY 28,641 28,641   0


    TY 2020 TaxesSchedule
    Name:
    MORGAN CHARITABLE FOUNDATION
     
    ATTN MARK DRAKE
    EIN:
    47-5577049
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX PAID ON INVESTMENT INCOME 1,084 1,084   0
    TAXES AND LICENSES-KANSAS ANNUAL REPORT 40 40   0
    EXCISE TAX BASED ON INVESTMENT INCOME 618 0   0