TY 2020 Form 990PF

- TIN:

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

Do not enter social security numbers on this form as it may be made public.
bullet

Go 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
CHAMBERS FAMILY FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)800 WILLAMETTE STREET SUITE 750
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
EUGENE, OR97401

A Employer identification number

93-1266648

B Telephone number (see instructions)

(541) 484-2419

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$23,446,045J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments	10		10
4	Dividends and interest from securities...	494,015		494,015
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		318,053
b	Gross sales price for all assets on line 6a 4,469,011
7	Capital gain net income (from Part IV, line 2)...			318,053
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).......		212	212
12	Total. Add lines 1 through 11........	812,290		812,290
13	Compensation of officers, directors, trustees, etc.
14	Other employee salaries and wages......	40,508		30,381	10,127
15	Pension plans, employee benefits.......	3,144		2,358	786
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		4,759	2,380	2,379
c	Other professional fees (attach schedule)....		142,959	142,959
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		45,272	6,712
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		25,877	23,923	498
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	262,519		208,713	13,790
25	Contributions, gifts, grants paid.......	969,337			969,337
26	Total expenses and disbursements. Add lines 24 and 25	1,231,856		208,713	983,127
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-419,566
b	Net investment income (if negative, enter -0-)			603,577
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	65,782	68,790	68,790
	2	Savings and temporary cash investments.........	330,274	409,685	409,685
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	2,164,689	1,417,413	1,530,036
	b	Investments—corporate stock (attach schedule).......	8,712,193	11,572,522	18,445,691
	c	Investments—corporate bonds (attach schedule).......	4,585,516	2,444,657	2,566,711
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	811,120	348,247	424,482
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	650	650	650
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	16,670,224	16,261,964	23,446,045
	17	Accounts payable and accrued expenses..........	3,283	622
	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 )		13,967
	23	Total liabilities (add lines 17 through 22).........	3,283	14,589
		Foundations that follow FASB ASC 958, check here
		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
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	15,524,038	15,524,038
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds	1,142,903	723,337
	29	Total net assets or fund balances (see instructions).....	16,666,941	16,247,375
	30	Total liabilities and net assets/fund balances (see instructions).	16,670,224	16,261,964

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

16,666,941

Enter amount from Part I, line 27a .....................

-419,566

Other increases not included in line 2 (itemize) bullet

Add lines 1, 2, and 3 ..........................

16,247,375

Decreases not included in line 2 (itemize) bullet

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

16,247,375

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
1 a	FIDELITY INVESTMENTS PUBLICLY TRADED	P
b	CHARLES SCHWAB PUBLICLY TRADED	P
c	US BANK PUBLICLY TRADED	P
d	CAPITAL GAIN DISTRIBUTIONS	P
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	2,779,738	2,572,148	207,590
b	1,114,291	1,057,013	57,278
c	571,427	521,797	49,630
d	3,555		3,555
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			207,590
b			57,278
c			49,630
d			3,555
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	318,053
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 ...................		3	318,053

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

Reserved...........................

Reserved,..........................

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 and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Reserved................................	1	8,390
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	8,390
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	8,390
6	Credits/Payments:

a	2020 estimated tax payments and 2019 overpayment credited to 2020	6a	33,756
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	33,756
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	23
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	25,343
11	Enter the amount of line 10 to be: Credited to 2021 estimated tax8,392	Refunded	11	16,951

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2020)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

WWW.CHAMBERSFAMILYFOUNDATION.COM

The books are in care of bullet

SILVA CHAMBERS Telephone no. bullet

(541) 484-2419

Located at bullet

800 WILLAMETTE STREET SUITE 750EUGENEOR ZIP+4 bullet

97401

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

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?......................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?...............YesNo

(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.).......YesNo

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 ........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

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?.............

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)):

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?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?......................YesNo

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.)..................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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?

Form 990-PF (2020)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?.............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?.....YesNo

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 ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?..........YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....

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? .................YesNo

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
SILVA CHAMBERS	TRUSTEE 5.00	0	0	0
800 WILLAMETTE STREET SUITE 750 EUGENE,OR97401	TRUSTEE 5.00	0	0	0
JULIA STILTNER	TRUSTEE 2.00	0	0	0
800 WILLAMETTE STREET SUITE 750 EUGENE,OR97401	TRUSTEE 2.00	0	0	0
KENDRA GOLDBERG	TRUSTEE 2.00	0	0	0
800 WILLAMETTE STREET SUITE 750 EUGENE,OR97401	TRUSTEE 2.00	0	0	0

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...................

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


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	N/A
2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Form 990-PF (2020)

Page 8

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

20,897,824

Average of monthly cash balances.......................

764,121

Fair market value of all other assets (see instructions)................

650

Total (add lines 1a, b, and c).........................

21,662,595

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

21,662,595

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

324,939

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

21,337,656

Minimum investment return. Enter 5% of line 5..................

1,066,883

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.)

Minimum investment return from Part X, line 6....................

1,066,883

Tax on investment income for 2020 from Part VI, line 5......

8,390

Income tax for 2020. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

8,390

Distributable amount before adjustments. Subtract line 2c from line 1............

1,058,493

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

1,058,493

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

1,058,493

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

983,127

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

983,127

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.................

Adjusted qualifying distributions. Subtract line 5 from line 4..............

983,127

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)

Page 9

Part XIII

Undistributed Income (see instructions)

	(c) 2019	(d) 2020
1 Distributable amount for 2020 from Part XI, line 7		1,058,493
2 Undistributed income, if any, as of the end of 2020:
a Enter amount for 2019 only.......	968,982
b Total for prior years:20, 20, 20
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........
4Qualifying distributions for 2020 from Part
XII, line 4: $ 983,127
a Applied to 2019, but not more than line 2a	968,982
b Applied to undistributed income of prior years (Election required—see instructions).....
c Treated as distributions out of corpus (Election required—see instructions)........
d Applied to 2020 distributable amount.....		14,145
e Remaining amount distributed out of corpus
5 Excess distributions carryover applied to 2020.
(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
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 ..........		1,044,348
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 ......
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)

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 section4942(j)(3) or4942(j)(5)

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	(e) Total

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:

CHAMBERS FAMILY FOUNDATION
800 WILLAMETE STREET SUITE 750
EUGENE,OR97401
(541) 484-2419

bThe form in which applications should be submitted and information and materials they should include:

APPLICATION AVAILABLE UPON REQUEST AND ATTACHED TO THIS RETURN.

cAny submission deadlines:

MARCH 31 AND SEPTEMBER 30

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

LANE, BENTON, OR DESCHUTES COUNTIES, OREGONIANS BENEFIT

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
SEE ATTACHMENT SEE ATTACHMENT EUGENE,OR97401			SEE ATTACHMENT	969,337
Total ................................. 3a				969,337

bApproved for future payment

Total ................................. 3b

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	(e) Related or exempt function income (See instructions.)
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	10
4 Dividends and interest from securities....			14	494,015
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	318,053
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aOTHER INCOME			14	212
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..				812,290

13Total. Add line 12, columns (b), (d), and (e)..................

812,290

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2020)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2020 AccountingFeesSchedule

Name:

CHAMBERS FAMILY FOUNDATION

EIN:

93-1266648

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INDIRECT ACCOUNTING FEES	4,759	2,380		2,379

- TIN:

TY 2020 InvestmentsCorpBondsSchedule

Name:

CHAMBERS FAMILY FOUNDATION

EIN:

93-1266648

Name of Bond	End of Year Book Value	End of Year Fair Market Value
AMERICAN EXPRESS	158,255	162,434
AMERICAN TOWER CORP	42,312	45,226
AMGEN INC	40,731	41,451
APPLE INC	91,925	104,896
BANK NOVA SCOTIA	99,828	100,858
BIOGEN INC	101,367	105,425
BNSF INC	51,628	51,913
BOSTON PROPERTIES	39,004	38,504
CITIGROUP INC	100,892	101,354
COMCAST CORP	44,983	47,858
DOUBLELINE TOTAL RETURN BOND FD CL I	100,163	100,886
DUKE ENERGY CORP	54,288	55,003
FEDERATED INST HI YLD BD FD
FEDEX CORP	44,107	51,684
FEDL NATL MTG ASSN POOL	204,989	220,636
GENERAL ELEC CAP CORP MTN
GEORGIA POWER CO	44,202	53,028
GOLDMAN SACHS
HOME DEPOT INC	99,999	104,883
HONEYWELL INTERNT	47,485	57,180
HSBC HLDGS PLC
INTEL CORP	37,699	41,880
JOHNSON & JOHNSON	54,149	54,559
JPMORGAN CHASE	38,208	42,025
LAM RESERACH CORP NOTE
LINCOLN NATL CORP	102,458	104,328
MORGAN STANLEY	45,432	45,821
NUVEEN PREFERRED SECS
NV ENERGY INC
ORACLE CORP	129,210	135,496
PHILLIPS 66	103,755	104,727
STARBUCKS CORP	37,740	37,778
THE GOLDMAN SACH	40,219	39,935
THE WALT DISNEY	43,319	43,871
UNITED PARCEL	59,199	68,852
VANGUARD INFLATION
VERIZON COMMUNICATIONS	152,711	165,713
WASTE MANAGEMENT
WATSON PHARMACEUTICALS INC	102,737	102,956
WELLS FARGO & CO	131,663	135,551

- TIN:

TY 2020 InvestmentsCorpStockSchedule

Name:

CHAMBERS FAMILY FOUNDATION

EIN:

93-1266648

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ABBVIE INC	141,538	203,585
ALBEMARLE CORP	8,238	14,752
ALCON INC	8,123	14,582
ALIBABA GROUP HOLDING	15,969	23,273
ALLERGAN PLC.COM
ALLSTATE CORP	39,329	43,972
ALPHABET INC	372,634	1,149,308
AMAZON.COM INC	20,430	358,262
AMETEK INC	41,573	54,423
AMGEN INC	35,262	45,984
ANALOG DEVICES INC	94,914	125,571
APPLE INC	56,096	445,838
AT&T INC	67,875	63,272
AVERY DENNISON CORP	28,965	34,124
BAE SYSTEMS PLC	20,193	16,290
BERKSHIRE HATHAWAY	164,711	527,504
BHP GROUP LTD	25,037	25,483
BOEING CO	97,564	107,030
BRISTOL MYERS SQUIBB
CANADIAN NATL RAILWY
CARRIR GLOBAL CORP	28,365	89,019
CERNER CORP	123,124	188,352
CHEVRON CORP	45,863	36,314
CISCO SYSTEMS	37,314	104,715
CITIGROUP
CONOCOPHILLIPS	133,007	91,977
CORTEVA INC	171,532	232,320
DBS GROUP HOLDINGS	31,360	40,307
DISCOVERY INC	137,586	128,331
DOUBLELINE TOTAL RET BD I	970,205	976,771
DUPONT DE NEMOURS INC	131,266	177,775
ELECTRONIC ARTS INC	58,477	89,032
EMERSON ELECTRIC
ENTERGY CORP	31,488	40,934
EXXON MOBIL CORP	131,999	111,294
FEDERATED HERMES INSTL HI YLD BD IS	482,489	491,301
FORTIVE CORP DISC	50,207	50,990
GENERAL DYNAMICS CO	24,537	19,347
GENERAL ELECTRIC CO	91,549	54,000
GILEAD SCIENCES INC	142,693	69,912
HEWLETT PACKARD ENTERPRISE CO	133,670	154,050
HOME DEPOT INC	42,434	215,152
HONEYWELL INTL INC	96,681	163,779
ILLINOIS TOOL WORKS
INTEL CORP	118,276	114,586
INTERCONTL HTLS	11,167	12,373
INVESCO QQQ TRUST	483,362	1,614,820
ISHARES MSCI EAFE SMALL	40,616	51,263
ISHARES MSCI USA MOMENTUM FACTOR	481,577	759,192
ISHARES RUSSELL 2000	144,012	194,099
JOHNSON & JOHNSON	16,372	39,345
JOHNSON CONTROLS INTERNATIONAL	141,479	167,724
JPMORGAN CHASE & CO	32,738	118,175
KEY CORPORATION INC
KINDER MORGAN INC	31,825	20,505
KINGFISHER PLC	47,810	51,450
LEGGET & PLATT INC	16,245	17,277
MASCO CORP	71,734	71,958
MERCK & CO INC	53,436	65,440
MICROSOFT CORP	206,153	422,598
MODELEZ INTL	75,650	102,907
MORGAN STANLEY	80,880	89,089
MS&AD INSURANCE GROUP	34,105	30,620
NESTLE S A	87,958	209,095
NEXTERA ENERGY INC	43,546	70,978
NIKE INC CLASS B	146,179	396,116
NIPPON TELEG&TELEPH	28,332	29,812
NORDSTROM INC	130,144	99,872
NOVARTIS AG	58,367	104,345
NUVEEN PREFERRED SECS & INC FD CL I	762,387	779,123
NUVEEN REAL ESTATE SECS I	400,568	307,682
NUVEEN SANTA BARBARA DIV GROWTH FD	346,827	639,569
OTIS WORLDWIDE CORP	8,958	25,669
PARKER-HANNIFIN CORP	43,123	59,930
PFIZER INC	201,330	423,315
PHILIP MORRIS INTL	47,386	45,535
PROCTER & GAMBLE	44,950	111,312
RAYTHEON TECHNOLOGIES CORP	64,803	114,416
ROYAL BANK OF CANADA	69,539	105,857
RWE AG ORD	45,300	63,660
S&P GLOBAL INC	42,908	59,171
SANOFI S A	70,987	97,180
SCHLUMBERGER LIMITED	64,726	30,562
SHIN ETSU CHEMICAL CO	16,136	30,786
SONY CORP	26,956	70,770
SOUTH32 LTD	4,680	4,950
STARBUCKS CORP	109,379	171,168
STERICYCLE INC
T ROWE PRICE MID CAP GROWTH FD 64	202,888	411,896
T ROWE PRICE SMALL CAP STOCK FUND	140,040	268,768
TAIWAN SEMICONDUCTOR	27,650	218,080
TAPESTRY INC	142,174	139,860
TENCENT HOLDINGS	19,820	28,037
THERMO FISHER SCNTFC	92,517	186,312
TJX COMPANIES INC	16,170	16,390
TRUIST FINL CORP	43,151	37,242
UNION PACIFIC CORP	50,005	52,055
UNITED HEALTH GROUP
UNITED TECHNOLOGIES CORP
UNITEDHEALTH GRP INC	48,397	70,136
VANGUARD 500 INDEX ADMIRAL	298,252	521,432
VANGUARD EQUITY INCOME ADM	564,827	948,713
VERIZON COMMUNICATIONS	85,036	82,250
VIATRIS INC	11,159	26,723
VISA INC	27,663	196,857
VODAFONE GROUP	139,142	92,288
VOYA FINL INV	48,548	47,048
WALGREENS BOOTS ALLIANCE INC	141,910	107,676
WELLS FARGO CO	114,888	117,702
WISDOMTREE JAPAN HEDGED	24,003	25,033
XILINX INC	47,079	77,974

- TIN:

TY 2020 InvestmentsOtherSchedule2

Name:

CHAMBERS FAMILY FOUNDATION

EIN:

93-1266648

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
FIRST TR EXCHANGE TRADED FD IV	AT COST
HARDING LOEVNER INSTL EM	AT COST	100,000	127,641
JPMORGAN US SMALL COMPANY	AT COST	148,106	191,786
MORGAN STANLEY PRIVATE BK NATL CD	AT COST	100,141	105,055
NUVEEN REAL ESTATE SECS I - FARCX	AT COST
SPDR FUND CONSUMER	AT COST
WISDOMTREE JAPAN HEDGED	AT COST

- TIN:

TY 2020 OtherAssetsSchedule

Name:

CHAMBERS FAMILY FOUNDATION

EIN:

93-1266648

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
DEPOSITS	650	650	650

- TIN:

TY 2020 OtherExpensesSchedule

Name:

CHAMBERS FAMILY FOUNDATION

EIN:

93-1266648

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
EXPENSES
BANK CHARGES	13		13
OFFICE SUPPLIES	1,941		485
OTHER INVESTMENT EXPENSES	23,923	23,923

- TIN:

TY 2020 OtherIncomeSchedule2

Name:

CHAMBERS FAMILY FOUNDATION

EIN:

93-1266648

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
OTHER INCOME	212	212

- TIN:

TY 2020 OtherLiabilitiesSchedule

Name:

CHAMBERS FAMILY FOUNDATION

EIN:

93-1266648

Description	Beginning of Year - Book Value	End of Year - Book Value
PAYROLL LIABILITIES		13,967

- TIN:

TY 2020 OtherProfessionalFeesSchedule

Name:

CHAMBERS FAMILY FOUNDATION

EIN:

93-1266648

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT FEES	142,959	142,959

- TIN:

TY 2020 TaxesSchedule

Name:

CHAMBERS FAMILY FOUNDATION

EIN:

93-1266648

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
TAXES	45,272	6,712