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
DUNCAN JOHN G TUW
 
Number and street (or P.O. box number if mail is not delivered to street address)6325 S RAINBOW BLVD STE 300
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LAS VEGAS, NV89118
A Employer identification number

84-6016555
B Telephone number (see instructions)

(888) 730-4933
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$8,179,361
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 188,062 169,170  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 127,783
b Gross sales price for all assets on line 6a 1,438,783
7 Capital gain net income (from Part IV, line 2)... 127,783
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 315,845 296,953  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 79,242 59,432   19,811
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... 950 0 0 950
c Other professional fees (attach schedule).... 6,600     6,600
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... 8,869 6,028   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... 743 83   660
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 96,404 65,543 0 28,021
25 Contributions, gifts, grants paid....... 245,300 245,300
26 Total expenses and disbursements. Add lines 24 and 25 341,704 65,543 0 273,321
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -25,859
b Net investment income (if negative, enter -0-) 231,410
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 2,474 1,780 1,780
2 Savings and temporary cash investments......... 349,475 160,441 160,441
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......   Click to see attachment2,763,491 4,396,504
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 5,757,102 Click to see attachment3,139,135 3,620,636
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) 6,109,051 6,064,847 8,179,361
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 6,109,051 6,064,847
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 6,109,051 6,064,847
30 Total liabilities and net assets/fund balances (see instructions). 6,109,051 6,064,847
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
6,109,051
2
Enter amount from Part I, line 27a .....................
2
-25,859
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
6,083,192
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
18,345
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
6,064,847
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 75. TARGET CORP   2003-10-08 2020-02-03
b 390. ZOETIS INC     2020-02-03
c 55. APPLE INC   2017-08-07 2020-03-03
d 295. HOME DEPOT INC     2020-03-03
e 30. THERMO FISHER SCIENTIFIC INC   2015-11-27 2020-03-03
340. EATON CORP PLC     2020-03-03
20. CVS HEALTH CORPORATION   2019-09-10 2020-03-16
155. CVS HEALTH CORPORATION   2018-01-25 2020-03-16
65. ELI LILLY & CO COM   2017-10-04 2020-03-16
115. MICROSOFT CORP   2003-07-31 2020-03-16
55. UNION PACIFIC CORP   2011-07-05 2020-03-16
490. EATON CORP PLC     2020-03-16
180. MONDELEZ INTERNATIONAL INC   2018-12-03 2020-04-01
405. PNC FINANCIAL SERVICES GROUP     2020-04-01
440. SUNCOR ENERGY INC NEW F     2020-04-01
560. EOG RESOURCES, INC     2020-04-23
125. EOG RESOURCES, INC   2019-06-11 2020-04-23
65. ELECTRONIC ARTS INC   2019-02-14 2020-04-23
30. THERMO FISHER SCIENTIFIC INC   2015-11-27 2020-04-23
.114 RAYTHEON TECHNOLOGIES CORP   2019-10-16 2020-04-29
20. BLACKROCK INC   2018-08-08 2020-05-06
195. CVS HEALTH CORPORATION   2017-12-07 2020-05-06
80. CVS HEALTH CORPORATION   2019-09-10 2020-05-06
120. GILEAD SCIENCES INC   2017-10-04 2020-05-06
185. MONDELEZ INTERNATIONAL INC     2020-05-06
165. CITIGROUP INC.     2020-05-28
60. ELECTRONIC ARTS INC   2019-02-14 2020-05-28
25. ELECTRONIC ARTS INC   2019-12-24 2020-05-28
395. HAIN CELESTIAL GROUP INC   2017-08-07 2020-05-28
175. TJX COMPANIES INC   2020-03-03 2020-05-28
765. TJX COMPANIES INC   2014-11-26 2020-05-28
295. HAIN CELESTIAL GROUP INC   2017-08-07 2020-08-25
65. MICROSOFT CORP   2003-07-31 2020-08-25
260. TORONTO DOMINION BK ONT COM NEW     2020-08-25
85. UNITED PARCEL SERVICE-CL B   2017-12-07 2020-08-25
180. APPLE INC   2017-10-04 2020-09-15
100. NIKE INC CL B   2017-11-01 2020-09-15
60. UNITED PARCEL SERVICE-CL B   2017-12-07 2020-09-15
115. TE CONNECTIVITY LTD   2017-12-07 2020-09-15
13879.842 BOSTON P LNG/SHRT RES-INS 7015     2020-09-18
245. AT & T INC   2019-10-16 2020-10-07
20. AT & T INC   2018-02-16 2020-10-07
15. ALPHABET INC CL C   2020-04-23 2020-10-07
30. AMGEN INC   2020-09-15 2020-10-07
250. APPLE INC   2017-10-04 2020-10-07
20. BLACKROCK INC     2020-10-07
140. BLACKSTONE GROUP INC/THE   2020-05-28 2020-10-07
50. BOEING CO     2020-10-07
5. BOOKING HOLDINGS INC   2020-05-28 2020-10-07
50. BROADCOM INC     2020-10-07
45. CME GROUP INC     2020-10-07
260. CVS HEALTH CORPORATION     2020-10-07
100. CELANESE CORP   2017-12-07 2020-10-07
235. CISCO SYSTEMS INC     2020-10-07
90. CITIGROUP INC.   2019-10-16 2020-10-07
80. CITIGROUP INC.   2017-09-17 2020-10-07
290. COGNIZANT TECH SOLUTIONS CRP COM     2020-10-07
65. WALT DISNEY CO   2011-08-24 2020-10-07
5. ELECTRONIC ARTS INC   2018-12-21 2020-10-07
60. ELECTRONIC ARTS INC   2019-12-24 2020-10-07
55. FIDELITY NATL INFORMATION SVCS INC   2020-03-03 2020-10-07
1750. ISHARES RUSSELL MID-CAP ETF   2019-05-09 2020-10-07
45. JPMORGAN CHASE & CO   2019-04-22 2020-10-07
50. JPMORGAN CHASE & CO   2019-10-16 2020-10-07
150. LAS VEGAS SANDS CORP   2020-02-03 2020-10-07
15. LAS VEGAS SANDS CORP   2018-07-27 2020-10-07
140. MICROSOFT CORP   2003-07-31 2020-10-07
135. MONDELEZ INTERNATIONAL INC   2018-07-27 2020-10-07
105. NIKE INC CL B     2020-10-07
116.74 RAYTHEON TECHNOLOGIES CORP     2020-10-07
13.26 RAYTHEON TECHNOLOGIES CORP   2019-09-10 2020-10-07
125. SYSCO CORP   2020-08-25 2020-10-07
50. TARGET CORP   2003-10-08 2020-10-07
20. THERMO FISHER SCIENTIFIC INC   2015-11-27 2020-10-07
60. UNION PACIFIC CORP   2011-07-05 2020-10-07
80. UNITED PARCEL SERVICE-CL B     2020-10-07
25. UNITEDHEALTH GROUP INC   2017-11-01 2020-10-07
40. VISA INC-CLASS A SHRS   2020-03-16 2020-10-07
70. WASTE MANAGEMENT INC   2020-09-15 2020-10-07
75. TE CONNECTIVITY LTD     2020-10-07
130. APPLE INC     2020-10-20
190. CME GROUP INC   2017-08-07 2020-10-26
60. DIAGEO PLC - ADR   2018-12-03 2020-10-26
70. NIKE INC CL B   2017-10-17 2020-10-26
160. UNILEVER N.V. - ADR   2020-02-03 2020-10-26
2690. FLEXTRONICS INTL LTD     2020-10-26
470. AT & T INC   2018-02-16 2020-11-03
710. SPIRIT AEROSYTSEMS HOLD-CL A     2020-11-03
260. TOTAL S.A. - ADR     2020-11-03
530. GILEAD SCIENCES INC     2020-12-10
25. LAM RESEARCH CORP COM   2018-07-24 2020-12-10
80. NIKE INC CL B   2017-10-17 2020-12-10
50. UNION PACIFIC CORP   2011-07-05 2020-12-10
CAPITAL GAIN DIVIDENDS P    
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(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 8,490   2,941 5,549
b 52,858   25,699 27,159
c 15,824   8,670 7,154
d 67,249   51,621 15,628
e 9,318   4,160 5,158
31,864   25,968 5,896
1,090   1,278 -188
8,451   12,654 -4,203
8,781   5,656 3,125
16,518   3,084 13,434
6,958   2,930 4,028
37,618   36,041 1,577
8,773   8,093 680
35,536   54,685 -19,149
6,526   10,221 -3,695
24,878   61,029 -36,151
5,553   10,941 -5,388
7,472   6,860 612
9,856   4,160 5,696
8   10 -2
9,574   9,780 -206
12,050   13,785 -1,735
4,943   5,111 -168
9,289   9,902 -613
9,317   8,140 1,177
8,297   11,746 -3,449
7,248   6,333 915
3,020   2,719 301
12,093   17,092 -4,999
9,538   10,559 -1,021
41,693   24,693 17,000
9,153   12,765 -3,612
13,997   1,743 12,254
12,653   14,648 -1,995
13,477   10,129 3,348
20,532   6,889 13,643
11,943   5,493 6,450
9,658   7,150 2,508
11,606   10,764 842
183,630   199,861 -16,231
7,060   9,289 -2,229
576   744 -168
21,959   19,227 2,732
7,742   7,472 270
28,838   9,567 19,271
11,816   8,024 3,792
7,624   7,991 -367
8,237   18,267 -10,030
8,768   8,361 407
18,362   14,581 3,781
7,620   7,833 -213
15,561   15,608 -47
11,632   10,592 1,040
9,286   11,022 -1,736
4,040   6,290 -2,250
3,591   6,111 -2,520
20,960   20,944 16
8,000   2,083 5,917
626   382 244
7,506   6,526 980
7,967   7,815 152
104,490   95,916 8,574
4,484   5,121 -637
4,982   5,974 -992
6,988   10,011 -3,023
699   1,067 -368
29,333   3,755 25,578
7,601   5,802 1,799
13,636   5,543 8,093
6,980   10,144 -3,164
793   1,091 -298
8,277   7,253 1,024
8,073   1,961 6,112
9,068   2,773 6,295
12,292   3,196 9,096
13,994   9,392 4,602
8,102   5,258 2,844
8,075   6,399 1,676
7,987   8,205 -218
7,876   6,967 909
15,214   2,482 12,732
30,220   23,953 6,267
8,180   8,664 -484
8,927   3,635 5,292
9,531   9,414 117
37,664   49,484 -11,820
12,934   17,489 -4,555
13,911   52,850 -38,939
8,451   14,776 -6,325
32,027   39,483 -7,456
12,256   4,338 7,918
11,031   4,154 6,877
10,139   2,664 7,475
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
      2,330
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       5,549
b       27,159
c       7,154
d       15,628
e       5,158
      5,896
      -188
      -4,203
      3,125
      13,434
      4,028
      1,577
      680
      -19,149
      -3,695
      -36,151
      -5,388
      612
      5,696
      -2
      -206
      -1,735
      -168
      -613
      1,177
      -3,449
      915
      301
      -4,999
      -1,021
      17,000
      -3,612
      12,254
      -1,995
      3,348
      13,643
      6,450
      2,508
      842
      -16,231
      -2,229
      -168
      2,732
      270
      19,271
      3,792
      -367
      -10,030
      407
      3,781
      -213
      -47
      1,040
      -1,736
      -2,250
      -2,520
      16
      5,917
      244
      980
      152
      8,574
      -637
      -992
      -3,023
      -368
      25,578
      1,799
      8,093
      -3,164
      -298
      1,024
      6,112
      6,295
      9,096
      4,602
      2,844
      1,676
      -218
      909
      12,732
      6,267
      -484
      5,292
      117
      -11,820
      -4,555
      -38,939
      -6,325
      -7,456
      7,918
      6,877
      7,475
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 127,783
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ...................
Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved
(b)
Reserved
(c)
Reserved
(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 3,217
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 3,217
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 3,217
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 3,042
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 3,042
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 175
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 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCO
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletWELLS FARGO BANK NA Telephone no.bullet (888) 730-4933

    Located atbullet6325 S RAINBOW BLVD STE 300LAS VEGASNV ZIP+4bullet89118
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation
    (If not paid, enter
    -0-)
    (d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    WELLS FARGO BANK N A TRUSTEE
    1
    79,242    
    100 N MAIN ST MAC D4001-117
    WINSTON SALEM,NC27101
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation
    (e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    6,969,004
    b
    Average of monthly cash balances.......................
    1b
    309,490
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    7,278,494
    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
    7,278,494
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    109,177
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    7,169,317
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    358,466
    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
    358,466
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    3,217
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,217
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    355,249
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    355,249
    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
    355,249
    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
    273,321
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    273,321
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    273,321
    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 7 355,249
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 142,072
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 0
    b From 2016...... 0
    c From 2017...... 0
    d From 2018...... 0
    e From 2019...... 0
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 273,321
    a Applied to 2019, but not more than line 2a 142,072
    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..... 131,249
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........
    0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......
    0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........
    0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
    0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........
    224,000
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......
    0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...
    0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......
    0
    10 Analysis of line 9:
    a Excess from 2016.... 0
    b Excess from 2017.... 0
    c Excess from 2018.... 0
    d Excess from 2019.... 0
    e Excess from 2020.... 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........
    Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....
             
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........
             
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....
             
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)
             
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...
             
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....
             
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....
             
    (3) Largest amount of support
    from an exempt organization
             
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    WELLS FARGO BANK DUNCAN FOUNDATION
    6325 S RAINBOW BLVD STE 300
    LAS VEGAS,NV89118
    (720) 947-6732
    bThe form in which applications should be submitted and information and materials they should include:
    CONTACT WELLS FARGO FOR GUIDELINES AND APPLICATION
    cAny submission deadlines:
    CONTACT WELLS FARGO FOR DEADLLINE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    CONTACT WELLS FARGO FOR RESTRICTIONS
    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
    THE CHANDA PLAN FOUNDATION
    1630 CARR ST
    LAKEWOOD,CO80214
    NONE PC GENERAL OPERATING 20,000
    DENVER SCHOLARSHIP FOUNDATION
    789 SHERMAN ST STE 610
    DENVER,CO80203
    NONE PC GENERAL SUPPORT 10,000
    RAY OF HOPE CANCER FOUNDATION
    1385 S COLORADO BLVD STE 108
    DENVER,CO802223309
    NONE PC GENERAL SUPPORT 10,000
    DREAM CENTERS OF COLORADO SPRINGS
    11025 VOYAGER PKWY
    COLORADO SPRINGS,CO809213623
    NONE PC GENERAL SUPPORT 5,000
    COLORADO PET PANTRY
    PO BOX 323
    BOULDER,CO803060323
    NONE PC GENERAL SUPPORT 7,000
    HOPE-HOMELESS OUTREACH PROVIDING ENCOURA
    PO BOX 756
    LONGMONT,CO805020756
    NONE PC GENERAL SUPPORT 20,000
    RESTORATION OUTREACH PROGRAMS
    PO BOX 632
    AURORA,CO800400632
    NONE PC GENERAL SUPPORT 10,000
    BOULDER FOOD RESCUE
    3280 N DOWNING ST STE E
    DENVER,CO802053997
    NONE PC GENERAL SUPPORT 10,000
    NATIONAL FOUNDATION OF DENTISTRY
    1800 15TH ST STE 100
    DENVER,CO802027134
    NONE PC GENERAL SUPPORT 5,000
    CATALIVELY
    7700 E ACADEMY BLVD UNIT 305
    DENVER,CO802307169
    NONE PC GENERAL SUPPORT 11,800
    KENT DENVER COUNTRY DAY SCHOOL
    4000 E QUINCY AVE
    ENGLEWOOD,CO80113
    NONE PC GENERAL SUPPORT 10,000
    HUMANE SOCIETY OF THE PIKES PEAK REGION
    610 ABBOTT LANE
    COLORADO SPRINGS,CO80905
    NONE PC GENERAL SUPPORT 5,000
    COLORADO MOUNTAIN CLUB
    710 10TH ST STE 200 200
    GOLDEN,CO804015843
    NONE PC GENERAL SUPPORT 5,000
    FLORENCE CRITTENTON SERVICES OF COLORADO
    96 SOUTH ZUNI STREET
    DENVER,CO80223
    NONE PC GENERAL SUPPORT 10,000
    THE COLORADO MUSEUM OF NATURAL HISTORY
    2001 COLORADO BOULEVARD
    DENVER,CO80205
    NONE PC GENERAL SUPPORT 6,500
    COLORADO SPRINGS CHILD NURSERY CENTERS I
    104 E RIO GRANDE ST
    COLORADO SPRINGS,CO809034010
    NONE PC GENERAL SUPPORT 15,000
    HOPE COMMUNITIES INC
    2543 CALIFORNIA ST
    DENVER,CO80205
    NONE PC GENERAL SUPPORT 10,000
    THE DELTA GAMMA ANCHOR CENTER
    2550 ROSLYN STREET
    DENVER,CO80238
    NONE PC GENERAL SUPPORT 10,000
    PHAMALY THEATRE COMPANY
    711 PARK AVE WEST STE 320
    DENVER,CO80205
    NONE PC GENERAL SUPPORT 7,500
    I HAVE A DREAM FOUNDATION BOULDER COUNTY
    5390 MANHATTAN CIR STE 200
    BOULDER,CO803034282
    NONE PC GENERAL SUPPORT 5,000
    PROJECT ANGEL HEART
    4950 WASHINGTON ST
    DENVER,CO80216
    NONE PC GENERAL SUPPORT 10,000
    DENVER KIDS INC
    1860 LINCOLN ST FL 9
    DENVER,CO80203
    NONE PC GENERAL SUPPORT 15,000
    DREAM CATCHER THERAPY CENTER INC
    5814 HWY 348
    OLATHE,CO81425
    NONE PC GENERAL SUPPORT 5,000
    COLORADO SPRINGS CONSERVATORY FOUNDATION
    415 SAHWATCH ST
    COLORADO SPRINGS,CO809033815
    NONE PC GENERAL SUPPORT 5,000
    BLACK CANYON BOYS & GIRLS CLUB INC
    PO BOX 1907
    MONTROSE,CO814021907
    NONE PC GENERAL SUPPORT 10,000
    DENVER PARK TRUST
    PO BOX 102325
    DENVER,CO802502325
    NONE PC GENERAL SUPPORT 2,500
    BOULDER EMERGENCY SQUAD
    PO BOX 18887
    BOULDER,CO803081887
    NONE PC GENERAL SUPPORT 5,000
    Total .................................bullet 3a 245,300
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........
             
    4 Dividends and interest from securities....     14 188,062  
    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 ............
        18 127,783  
    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)..   315,845  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    315,845
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow
    Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    DUNCAN JOHN G TUW
    EIN:
    84-6016555
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 950     950

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    DUNCAN JOHN G TUW
    EIN:
    84-6016555
    Name of Stock End of Year Book Value End of Year Fair Market Value
    594918104 MICROSOFT CORP 37,999 318,061
    867224107 SUNCOR ENERGY INC NE 55,922 41,866
    02079K107 ALPHABET INC CL C 127,093 227,744
    609207105 MONDELEZ INTERNATION 60,503 82,443
    46625H100 JPMORGAN CHASE & CO 116,971 145,495
    75513E101 RAYTHEON TECHNOLOGIE 81,718 76,301
    517834107 LAS VEGAS SANDS CORP 94,721 83,738
    172967424 CITIGROUP INC. 134,786 129,794
    512807108 LAM RESEARCH CORP CO 32,100 87,370
    532457108 ELI LILLY & CO COM 36,804 72,601
    097023105 BOEING CO 35,915 56,726
    285512109 ELECTRONIC ARTS INC 42,851 76,826
    654106103 NIKE INC CL B 33,236 90,541
    09260D107 BLACKSTONE GROUP INC 47,453 59,625
    G29183103 EATON CORP PLC 38,794 42,049
    Y2573F102 FLEX LTD 41,999 58,885
    871829107 SYSCO CORP 50,800 82,057
    904767704 UNILEVER PLC - ADR 54,685 60,058
    09247X101 BLACKROCK INC 47,293 97,408
    11135F101 BROADCOM INC 79,853 122,598
    91324P102 UNITEDHEALTH GROUP I 82,002 147,286
    56501R106 MANULIFE FINANCIAL C 114,130 112,979
    87612E106 TARGET CORP 19,215 86,500
    G5960L103 MEDTRONIC PLC 64,568 76,727
    00206R102 AT & T INC 85,040 70,750
    037833100 APPLE INC 36,015 358,263
    883556102 THERMO FISHER SCIENT 20,106 67,538
    907818108 UNION PACIFIC CORP 19,710 77,041
    58933Y105 MERCK & CO INC NEW 46,696 67,076
    H84989104 TE CONNECTIVITY LTD 42,112 57,508
    00287Y109 ABBVIE INC 42,861 42,860
    126650100 CVS HEALTH CORPORATI 51,842 66,251
    17275R102 CISCO SYSTEMS INC 50,043 93,528
    192446102 COGNIZANT TECH SOLUT 68,158 79,492
    254687106 WALT DISNEY CO 26,901 100,555
    891160509 TORONTO DOMINION BK 79,848 79,834
    89151E109 TOTAL S.A. - ADR 87,808 65,380
    94106L109 WASTE MANAGEMENT INC 71,183 74,296
    09857L108 BOOKING HOLDINGS INC 52,185 69,045
    150870103 CELANESE CORP 60,829 79,913
    31620M106 FIDELITY NATL INFORM 46,973 54,462
    92826C839 VISA INC-CLASS A SHR 48,158 66,713
    911312106 UNITED PARCEL SERVIC 60,587 95,146
    405217100 HAIN CELESTIAL GROUP 34,306 54,604
    H2906T109 GARMIN LTD 49,205 64,616
    031162100 AMGEN INC 47,548 44,834
    25243Q205 DIAGEO PLC - ADR 65,562 83,375
    460690100 INTERPUBLIC GROUP CO 38,404 47,746

    TY 2020 InvestmentsOtherSchedule2
    Name:
    DUNCAN JOHN G TUW
    EIN:
    84-6016555
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    654106103 NIKE INC CL B      
    26875P101 EOG RESOURCES, INC      
    285512109 ELECTRONIC ARTS INC      
    693390841 PIMCO HIGH YIELD FD- AT COST 95,732 90,768
    87612E106 TARGET CORP      
    911312106 UNITED PARCEL SERVIC      
    464287630 ISHARES RUSSELL 2000 AT COST 89,283 166,005
    464287234 ISHARES MSCI EMERGIN AT COST 64,089 100,757
    848574109 SPIRIT AEROSYTSEMS H      
    Y2573F102 FLEXTRONICS INTL LTD      
    693390882 PIMCO INTL BND USD H AT COST 34,632 36,248
    872540109 TJX COS INC NEW      
    883556102 THERMO FISHER SCIENT      
    867224107 SUNCOR ENERGY INC NE      
    03875R205 ARBITRAGE FUND CLASS AT COST 25,068 24,439
    922031760 VANGUARD HIGH YIELD AT COST 199,995 200,330
    150870103 CELANESE CORP      
    609207105 MONDELEZ INTERNATION      
    12572Q105 CME GROUP INC      
    91324P102 UNITEDHEALTH GROUP I      
    192446102 COGNIZANT TECH SOLUT      
    907818108 UNION PACIFIC CORP      
    405217100 HAIN CELESTIAL GROUP      
    46625H100 JPMORGAN CHASE & CO      
    464287176 ISHARES TIPS BOND ET AT COST 80,078 102,120
    G29183103 EATON CORP PLC      
    78463X863 SPDR DJ WILSHIRE INT AT COST 141,707 119,008
    17275R102 CISCO SYSTEMS INC      
    532457108 ELI LILLY & CO COM      
    693390304 PIMCO LOW DURATION F AT COST 121,534 117,950
    56501R106 MANULIFE FINANCIAL C      
    09247X101 BLACKROCK INC      
    277923728 EATON VANCE GLOBAL M      
    94988V340 WF SHRT-TRM MUNI BND AT COST 290,189 290,075
    464287465 ISHARES MSCI EAFE ET AT COST 160,110 189,696
    693391559 PIMCO EMERG MKTS BD- AT COST 238,036 221,315
    517834107 LAS VEGAS SANDS CORP      
    98978V103 ZOETIS INC      
    74925K581 ROBECO BP LNG/SHRT R      
    037833100 APPLE COMPUTER INC C      
    254687106 WALT DISNEY CO      
    375558103 GILEAD SCIENCES INC      
    594918104 MICROSOFT CORP      
    693475105 PNC FINANCIAL SERVIC      
    742537236 PRINCIPAL GL MULT ST AT COST 50,116 49,940
    02079K107 ALPHABET INC/CA      
    58933Y105 MERCK & CO INC NEW      
    922908553 VANGUARD REAL ESTATE AT COST 184,607 371,569
    172967424 CITIGROUP INC      
    00206R102 AT & T INC      
    097023105 BOEING COMPANY      
    126650100 CVS/CAREMARK CORPORA      
    693390593 PIMCO MODERATE DURAT AT COST 110,048 107,262
    94988V399 WF INTERMED TAX/AMT- AT COST 300,045 305,908
    464287473 ISHARES RUSSELL MID- AT COST 63,180 151,258
    512807108 LAM RESEARCH CORP CO      
    89151E109 TOTAL FINA ELF S.A.      
    H84989104 TE CONNECTIVITY LTD      
    25243Q205 DIAGEO PLC - ADR      
    437076102 HOME DEPOT INC      
    31641Q755 FIDELITY NEW MRKTS I AT COST 75,023 68,321
    11135F101 BROADCOM INC      
    464287499 ISHARES TR RUSSELL M      
    31620M106 FIDELITY NATL INFORM      
    891160509 TORONTO DOMINION BK      
    00143W859 INV OPP DEVELOP MRKT AT COST 50,237 65,604
    G5960L103 MEDTRONIC PLC      
    755111507 RAYTHEON CO      
    922908629 VANGUARD MIDCAP VIPE AT COST 305,433 346,547
    27831R108 EV GLBL MACR ABS RTR AT COST 89,903 82,333
    464287655 ISHARES RUSSELL 2000 AT COST 170,090 206,451
    IWI993008 IRONWOOD INSTITUTION AT COST 200,000 206,732

    TY 2020 OtherDecreasesSchedule
    Name:
    DUNCAN JOHN G TUW
    EIN:
    84-6016555
    Description Amount
    PY RETURN OF CAPITAL ADJ 3,160
    MUTUAL FUND TIMING ADJ 12,975
    COST BASIS ADJUSTMENT 36
    TAX LOT ADJUSTMENT 2,174


    TY 2020 OtherExpensesSchedule
    Name:
    DUNCAN JOHN G TUW
    EIN:
    84-6016555
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER ADMINISTRATIVE EXPENSE 330 0   330
    OTHER ADMINISTRATIVE EXPENSE 330 0   330
    INVESTMENT EXPENSES - ADR FEES 83 83   0


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    DUNCAN JOHN G TUW
    EIN:
    84-6016555
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    GRANT ADMIN FEE 6,600     6,600


    TY 2020 TaxesSchedule
    Name:
    DUNCAN JOHN G TUW
    EIN:
    84-6016555
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 5,666 5,666   0
    FEDERAL ESTIMATES - PRINCIPAL 2,841 0   0
    FOREIGN TAXES ON NONQUALIFIED 362 362   0