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
DAVID AND LINDA SWAIN FOUNDATION
 
% david swain
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 40027
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
S PADRE ISLE, TX785974027
A Employer identification number

82-2431304
B Telephone number (see instructions)

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$2,671,877J 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 124 124  
4 Dividends and interest from securities... 52,918 52,918  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 4,969
b Gross sales price for all assets on line 6a 686,127
7 Capital gain net income (from Part IV, line 2)... 2,919
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........ 58,011 55,961  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... 0 0   0
b Accounting fees (attach schedule)....... 0 0   0
c Other professional fees (attach schedule).... Click to see attachment 39,393 39,393   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)...        
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.......... 39,393 39,393   0
25 Contributions, gifts, grants paid....... 123,000 123,000
26 Total expenses and disbursements. Add lines 24 and 25 162,393 39,393   123,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -104,382
b Net investment income (if negative, enter -0-) 16,568
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 0 0 0
2 Savings and temporary cash investments......... 42,079 7,096 7,096
3 Accounts receivable bullet0
Less: allowance for doubtful accounts bullet0 0 0 0
4 Pledges receivable bullet0
Less: allowance for doubtful accounts bullet0 0 0 0
5 Grants receivable................. 0 0 0
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.............. 0 0 0
9 Prepaid expenses and deferred charges.......... 0 0 0
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 2,492,693 Click to see attachment2,664,781 2,664,781
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans............. 0 0 0
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,534,772 2,671,877 2,671,877
Liabilities 17 Accounts payable and accrued expenses.......... 0 0
18 Grants payable................. 0 0
19 Deferred revenue................. 0 0
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........ 2,534,772 2,671,877
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 2,534,772 2,671,877
30 Total liabilities and net assets/fund balances (see instructions). 2,534,772 2,671,877
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
2,534,772
2
Enter amount from Part I, line 27a .....................
2
-104,382
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
241,487
4
Add lines 1, 2, and 3 ..........................
4
2,671,877
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
2,671,877
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a Publicly Traded Securities - J&J stock      
b Publicly Traded Securities - inbev stock      
c Publicly Traded Securities - linde plc stock      
d Publicly Traded Securities - zoetis inc stock      
e Publicly Traded Securities - williams co stock      
Publicly Traded Securities - waste mgmt stock      
Publicly Traded Securities - wec energy stock      
Publicly Traded Securities - vulcan matls stock      
Publicly Traded Securities - visa stock      
Publicly Traded Securities - viatris inc stock      
Publicly Traded Securities - verizon comm stock      
Publicly Traded Securities - united health stock      
Publicly Traded Securities - ups stock      
Publicly Traded Securities - union pac stock      
Publicly Traded Securities - us bancorp stock      
Publicly Traded Securities - travelers co stock      
Publicly Traded Securities - 3M stock      
Publicly Traded Securities - texas instrs stock      
Publicly Traded Securities - sysco stock      
Publicly Traded Securities - raytheon stock      
Publicly Traded Securities - p&g stock      
Publicly Traded Securities - pfizer stock      
Publicly Traded Securities - ppg ind stock      
Publicly Traded Securities - pnc finl stock      
Publicly Traded Securities - otis stock      
Publicly Traded Securities - nextera energy stock      
Publicly Traded Securities - nestle stock      
Publicly Traded Securities - mondelez inter stock      
Publicly Traded Securities - microsolf stock      
Publicly Traded Securities - metlife inc stock      
Publicly Traded Securities - merck& co stock      
Publicly Traded Securities - mcdonalds corp stock      
Publicly Traded Securities - mastercard stock      
Publicly Traded Securities - kinder morgan stock      
Publicly Traded Securities - j&j stock      
Publicly Traded Securities - inter paper co stock      
Publicly Traded Securities - intel stock      
Publicly Traded Securities - home depot stock      
Publicly Traded Securities - exxon mobil stock      
Publicly Traded Securities - enbridge inc stock      
Publicly Traded Securities - edison inter stock      
Publicly Traded Securities - ecolab inc stock      
Publicly Traded Securities - disney stock      
Publicly Traded Securities - comcast corp stock      
Publicly Traded Securities - coca cola stock      
Publicly Traded Securities - cisco systems stock      
Publicly Traded Securities - carrier group stock      
Publicly Traded Securities - blackstone group stock      
Publicly Traded Securities - bank of am stock      
Publicly Traded Securities - apple stock      
Publicly Traded Securities - apollo group stock      
Publicly Traded Securities - inbev stock      
Publicly Traded Securities - american tower stock      
Publicly Traded Securities - american international stock      
Publicly Traded Securities - willis towers plc stock      
Publicly Traded Securities - US bancorp stock      
Publicly Traded Securities - 3M stock      
Publicly Traded Securities - sysco stock      
Publicly Traded Securities - P&G stock      
Publicly Traded Securities - pepsico stock      
Publicly Traded Securities - nestle stock      
Publicly Traded Securities - microsoft stock      
Publicly Traded Securities - IBM stock      
Publicly Traded Securities - diageo plc stock      
Publicly Traded Securities - cisco stock      
Publicly Traded Securities - amerisourcebergen stock      
(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 43,533 0 42,964 569
b 36,028 0 53,981 -17,953
c 1,441 0 1,308 133
d 6,400 0 2,520 3,880
e 340 0 453 -113
361 0 234 127
192 0 137 55
837 0 552 285
3,757 0 1,887 1,870
1,099 0 945 154
724 0 592 132
1,549 0 979 570
4,054 0 4,818 -764
828 0 457 371
3,165 0 4,773 -1,608
541 0 489 52
10,989 0 17,080 -6,091
625 0 345 280
7,996 0 9,287 -1,291
3,716 0 4,291 -575
3,468 0 2,354 1,114
474 0 444 30
7,032 0 6,761 271
4,816 0 6,918 -2,102
628 0 575 53
6,219 0 3,319 2,900
3,639 0 2,734 905
1,443 0 1,170 273
7,784 0 2,845 4,939
2,079 0 2,198 -119
3,991 0 3,289 702
16,875 0 15,435 1,440
663 0 283 380
17,037 0 21,912 -4,875
1,149 0 1,064 85
11,027 0 13,169 -2,142
5,188 0 5,341 -153
5,981 0 4,770 1,211
7,504 0 17,055 -9,551
750 0 1,032 -282
193 0 223 -30
1,003 0 655 348
8,097 0 7,213 884
3,490 0 2,627 863
1,575 0 1,554 21
7,232 0 8,209 -977
6,215 0 4,786 1,429
2,243 0 1,674 569
6,576 0 6,910 -334
2,857 0 961 1,896
178 0 159 19
7,629 0 20,776 -13,147
1,382 0 841 541
1,275 0 1,267 8
6,941 0 6,087 854
28,049 0 33,051 -5,002
24,236 0 31,397 -7,161
27,595 0 20,621 6,974
47,658 0 34,145 13,513
13,920 0 10,917 3,003
21,608 0 15,058 6,550
18,539 0 7,033 11,506
36,973 0 43,120 -6,147
38,819 0 32,542 6,277
17,673 0 14,522 3,151
22,927 0 20,778 2,149
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 0 0 0 569
b 0 0 0 -17,953
c 0 0 0 133
d 0 0 0 3,880
e 0 0 0 -113
0 0 0 127
0 0 0 55
0 0 0 285
0 0 0 1,870
0 0 0 154
0 0 0 132
0 0 0 570
0 0 0 -764
0 0 0 371
0 0 0 -1,608
0 0 0 52
0 0 0 -6,091
0 0 0 280
0 0 0 -1,291
0 0 0 -575
0 0 0 1,114
0 0 0 30
0 0 0 271
0 0 0 -2,102
0 0 0 53
0 0 0 2,900
0 0 0 905
0 0 0 273
0 0 0 4,939
0 0 0 -119
0 0 0 702
0 0 0 1,440
0 0 0 380
0 0 0 -4,875
0 0 0 85
0 0 0 -2,142
0 0 0 -153
0 0 0 1,211
0 0 0 -9,551
0 0 0 -282
0 0 0 -30
0 0 0 348
0 0 0 884
0 0 0 863
0 0 0 21
0 0 0 -977
0 0 0 1,429
0 0 0 569
0 0 0 -334
0 0 0 1,896
0 0 0 19
0 0 0 -13,147
0 0 0 541
0 0 0 8
0 0 0 854
0 0 0 -5,002
0 0 0 -7,161
0 0 0 6,974
0 0 0 13,513
0 0 0 3,003
0 0 0 6,550
0 0 0 11,506
0 0 0 -6,147
0 0 0 6,277
0 0 0 3,151
0 0 0 2,149
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 2,919
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 2,049
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................................ 1 230
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........................... 3 230
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- ..... 5 230
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 0
b Exempt foreign organizations—tax withheld at source...... 6b  
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.............. Part VI Line 7 - Tax Paid with the Original Return: 230 7 0
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 230
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 taxBullet0 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)
    bulletTX
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletdavid swain Telephone no.bullet (956) 761-3303

    Located atbullet6412 beach drnonesouth padre islandTX ZIP+4bullet78597
    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
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
    No
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    david swain president
    2.00     		0 0 0
    6412 beach dr
    PO Box 40027
    south padre island,TX78597
    linda swain vise president
    2.00     		0 0 0
    6412 beach dr
    PO Box 40027
    south padre island,TX78597
    elizabeth zwiebelman director
    0.50     		0 0 0
    109 ladue farm
    chesterfield,MO63141
    susan oleary director
    0.50     		0 0 0
    14288 forest crest
    chesterfield,MO63017
    douglas swain director
    0.50     		0 0 0
    1952 lunenburg
    st peters,MO63376
    john swain director
    0.50     		0 0 0
    4107 huron
    columbia,MO65203
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 religious 12,000
    2 public service 8,000
    3 education 5,000
    4 education 5,000
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    2,305,940
    b
    Average of monthly cash balances.......................
    1b
    23,510
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,329,450
    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
    2,329,450
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    34,942
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,294,508
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    114,725
    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
    114,725
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    230
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
    0
    c
    Add lines 2a and 2b............................
    2c
    230
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    114,495
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    114,495
    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
    114,495
    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
    123,000
    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
    39,393
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    162,393
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    162,393
    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 7 114,495
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:2018, 2017, 2016 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 0
    b From 2016...... 0
    c From 2017...... 0
    d From 2018...... 0
    e From 2019...... 0
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 162,393
    a Applied to 2019, but not more than line 2a 0
    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..... 114,495
    e Remaining amount distributed out of corpus 47,898
    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 47,898
    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 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		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 ......     		47,898
    10 Analysis of line 9:
    a Excess from 2016.... 0
    b Excess from 2017.... 0
    c Excess from 2018.... 0
    d Excess from 2019.... 0
    e Excess from 2020.... 47,898
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    american red cross
    PO box 37839
    boone,IA500378390     		  PC public service 8,000
    port isabel youth center
    190 port rd
    port isabel,TX78578     		  PC public service 1,000
    friends of rescued animals
    4908 padre blvd
    south padre island,TX78597     		  PC public service 2,500
    God cares
    657 spirt airpark west
    chesterfield,MO63005     		  PC public service 1,000
    habitat for humanity
    121 habitat st
    americus,GA31709     		  PC public service 5,000
    rio grande valley food bank
    3105 724n cage blvd
    pharr,TX78577     		  PC public service 6,000
    salvation army
    PO box 820
    poteet,TX78065     		  PC public service 1,000
    sea turtle inc
    6617 padre blvd
    south padre island,TX78497     		  PC public service 5,000
    south padre birding and nature cent
    6801 padre blvd
    south padre island,TX78597     		  PC public service 5,000
    stl science center
    5050 oakland av
    st louis,MO63110     		  PC public service 1,000
    community living of st charles
    1040 st peters howell rd
    st peters,MO63376     		  PC public service 2,000
    ddrb of st charles
    1025 county club rd
    st charles,MO63303     		  PC public service 2,500
    el paso arts
    po box 1185
    port isabel,TX78578     		  PC public service 5,000
    joy fm
    6469 parkland dr
    sarasota,FL34243     		  PC public service 1,000
    our military kids
    6861 elm st suite 2A
    mclean,VA22101     		  PC public service 1,000
    willows way
    800 friedens rd suite 100
    st charles,MO63303     		  PC public service 2,500
    afsp-mid missouri
    120 wall street 29 fl
    new york,NY10005     		  PC public service 1,000
    evans scholars
    2501 patriot blvd
    glenview,IL60026     		  PC education 250
    laguna madre christian academy
    30640 holly beach rd
    laguna vista,TX78578     		  PC education 1,000
    marine military academy
    320 iwo jima blvd
    harlingen,TX78550     		  PC education 1,000
    nacme
    1432 duke st
    alexandria,VA22314     		  PC education 2,000
    umsl
    1 university blvd
    st louis,MO63132     		  PC education 5,000
    univ of missouri-col
    407 reynolds alumni center
    columbia,MO65211     		  PC education 5,000
    missouri science and technology
    1100 n pine st
    rolla,MO65409     		  PC education 5,000
    truman university
    100 e normal ave
    kirksville,MO63501     		  PC education 5,000
    stl community college
    3221 mckelvey
    bridgeton,MO63044     		  PC education 2,500
    port isabel high school
    18001 tx-100
    port isabel,TX78578     		  PC education 2,500
    parkway central high school
    369 n woods mill rd
    chesterfield,MO63017     		  PC education 2,500
    folds of honor
    depatment 13
    tulsa,OK74182     		  PC education 2,000
    rose hulman
    5500 wabash ave
    terre haute,IN47803     		  PC education 1,000
    chapel by the sea
    po box 2478
    south padre island,TX78597     		  PC religious 12,000
    fellowship of christian athletes
    8701 leeds rd
    kansas city,MO64129     		  PC religious 2,000
    alzheimers research
    po box 96011
    washington,DC96011     		  PC medical research 2,000
    american cancer society
    po box 105457
    atlanta,GA30348     		  PC medical research 2,000
    american diabetes ass
    po box 1834
    merrified,VA22116     		  PC medical research 1,000
    leukemia and lymphoma society
    po box 98011
    washington,DC20090     		  PC medical research 2,000
    march of dimes
    po box 8972
    topeka,KS66608     		  PC medical research 1,000
    md anderson center
    po box 4464
    houston,TX77210     		  PC medical research 1,000
    national multiple sclerosis
    po box 816148
    dallas,TX75381     		  PC medical research 2,000
    st jude childrens hospital
    501 st jude place
    memphis,TN38105     		  PC medical research 1,000
    als association
    po box 37022
    boone,IA50037     		  PC medical research 2,000
    arthritis foundation
    1355 peachtree st ne suite 600
    atlanta,GA30309     		  PC medical research 1,000
    muscular dystrophy
    po box 97075
    washington,DC20077     		  PC medical research 2,000
    ronald mcdonald house
    1720 treasure hills blvd
    harlingen,TX78550     		  PC medical 2,500
    shriners hospital
    po box 1510
    ranson,WV25438     		  PC medical 1,000
    smile train
    po box 96231
    washington,DC20090     		  PC medical 1,000
    blue sunday
    po box 531653
    harlingen,TX78553     		  PC public service 1,000
    turning point
    po box 426
    warrenton,MO63383     		  PC public service 1,000
    innsbrook historical society
    2292 alpine lake dr
    innsbrook,MO63390     		  PC public service 250
    Total .................................bullet 3a 123,000
    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 ...........     		522100 0   0 124
    4 Dividends and interest from securities.... 523210 0   0 52,918
    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 ............     		523000 0     4,969
    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 0 58,011
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    58,011
    (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.)
    3 Income used in direct support of charitable giving
    4 Used in direct support of charitable giving
    8 Used in direct support of charitable giving
    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: 20012075
    Software Version: V1.0
    Part VI Line 7 - Tax Paid with the Original Return: 230


    Form 990PF - Special Condition Description:
    Special Condition Description

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2020 GainLossSaleOtherAssetsSch
    Name:
    DAVID AND LINDA SWAIN FOUNDATION
    EIN:
    82-2431304
    Software ID:
    20012075
    Software Version:
    V1.0
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    raymond james account 1a 2019-09 Purchase 2020-03   79,315 63,976   0 79,315 0
    raymond james account 1b 2017-09 Purchase 2020-03   384,498 366,215   0 384,498 0
    raymond james account 2a 2019-07 Purchase 2020-05   16,009 29,301   0 16,009 0
    raymond james account 2b 2017-09 Purchase 2020-11   206,305 221,666   0 206,305 0

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    DAVID AND LINDA SWAIN FOUNDATION
    EIN:
    82-2431304
    Software ID:
    20012075
    Software Version:
    V1.0
    Name of Stock End of Year Book Value End of Year Fair Market Value
    Two investment accounts managed by raymond james 2,664,781 2,664,781

    TY 2020 OtherIncreasesSchedule
    Name:
    DAVID AND LINDA SWAIN FOUNDATION
    EIN:
    82-2431304
    Software ID:
    20012075
    Software Version:
    V1.0
    Description Amount
    growth in investment accounts 241,487


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    DAVID AND LINDA SWAIN FOUNDATION
    EIN:
    82-2431304
    Software ID:
    20012075
    Software Version:
    V1.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment management fees 39,393 39,393 0 0