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
WALTMAR FOUNDATION
C/O LARRY BELTRAMO
Number and street (or P.O. box number if mail is not delivered to street address)20 CORPORATE PARK NO 160
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
IRVINE, CA92606
A Employer identification number

95-2371506
B Telephone number (see instructions)

(714) 628-7335
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$10,990,580J 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 35,181 35,181  
4 Dividends and interest from securities... 136,061 136,061  
5a Gross rents............ 201,401 201,401  
b Net rental income or (loss) 127,646
6a Net gain or (loss) from sale of assets not on line 10 175,699
b Gross sales price for all assets on line 6a 2,167,214
7 Capital gain net income (from Part IV, line 2)... 175,699
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........ 548,342 548,342  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 21,575 4,315   17,260
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 150 150   0
b Accounting fees (attach schedule)....... Click to see attachment 8,045 6,436   1,609
c Other professional fees (attach schedule).... Click to see attachment 51,054 51,054   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 37,101 31,754   0
19 Depreciation (attach schedule) and depletion... Click to see attachment 31,942 31,942  
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 18,688 18,669   19
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 168,555 144,320   18,888
25 Contributions, gifts, grants paid....... 460,000 460,000
26 Total expenses and disbursements. Add lines 24 and 25 628,555 144,320   478,888
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -80,213
b Net investment income (if negative, enter -0-) 404,022
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 17,722 15,539 15,539
2 Savings and temporary cash investments......... 592,662 766,093 766,093
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 64,972 0 0
b Investments—corporate stock (attach schedule)....... 4,632,856 Click to see attachment4,624,728 6,003,975
c Investments—corporate bonds (attach schedule)....... 211,323 Click to see attachment42,014 48,251
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans............. 558,000 558,000 558,000
13 Investments—other (attach schedule).......... 579,242 Click to see attachment452,197 898,722
14 Land, buildings, and equipment: basis bullet1,967,827
Less: accumulated depreciation (attach schedule) bullet656,665 1,355,333 Click to see attachment1,311,162 2,700,000
15 Other assets (describe bullet) Click to see attachment23,220 Click to see attachment0 Click to see attachment0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 8,035,330 7,769,733 10,990,580
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) Click to see attachment185,384 Click to see attachment0
23 Total liabilities (add lines 17 through 22)......... 185,384 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........... 7,849,946 7,769,733
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 7,849,946 7,769,733
30 Total liabilities and net assets/fund balances (see instructions). 8,035,330 7,769,733
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
7,849,946
2
Enter amount from Part I, line 27a .....................
2
-80,213
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
7,769,733
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
7,769,733
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   2020-01-01 2020-12-31
b CAPITAL GAINS DIVIDENDS P    
c
d
e
(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 2,164,580   1,991,515 173,065
b 2,634     2,634
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       173,065
b       2,634
c
d
e
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 2 175,699
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 5,616
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 5,616
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 5,616
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 9,320
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 9,320
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  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 3,704
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet3,704 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$ 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)
    bulletCA
    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 addressbulletNOT APPLICABLE
    14
    The books are in care ofbulletMELANIE SHANE Telephone no.bullet (714) 633-9945

    Located atbulletONE UNIVERSITY DRIVEORANGECA ZIP+4bullet92866
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    RICHARD R SCHMID PRESIDENT
    1.00     		0 0 0
    ONE UNIVERSITY DRIVE
    ORANGE,CA92866
    LARRY BELTRAMO TREASURER
    2.00     		0 0 0
    ONE UNIVERSITY DRIVE
    ORANGE,CA92866
    DAVID W SCHMID VICE PRESIDENT
    1.00     		0 0 0
    ONE UNIVERSITY DRIVE
    ORANGE,CA92866
    LAURA COOK SECRETARY
    0.50     		0 0 0
    ONE UNIVERSITY DRIVE
    ORANGE,CA92866
    BONNIE MCCORMACK DIRECTOR
    0.50     		0 0 0
    ONE UNIVERSITY DRIVE
    ORANGE,CA92866
    LISA BELTRAMO DIRECTOR
    1.00     		0 0 0
    ONE UNIVERSITY DRIVE
    ORANGE,CA92866
    MELANIE SHANE EXECUTIVE DIR.
    10.00     		21,575 0 0
    ONE UNIVERSITY DRIVE
    ORANGE,CA92866
    DANIEL SCHMID DIRECTOR
    1.00     		0 0 0
    ONE UNIVERSITY DRIVE
    ORANGE,CA92866
    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   0
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    5,859,866
    b
    Average of monthly cash balances.......................
    1b
    520,605
    c
    Fair market value of all other assets (see instructions)................
    1c
    3,258,000
    d
    Total (add lines 1a, b, and c).........................
    1d
    9,638,471
    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
    9,638,471
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    144,577
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    9,493,894
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    474,695
    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
    474,695
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    5,616
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    5,616
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    469,079
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    469,079
    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
    469,079
    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
    478,888
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    478,888
    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
    478,888
    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 7 469,079
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 49,662
    b From 2016...... 43,691
    c From 2017...... 41,007
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........ 134,360
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 478,888
    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..... 469,079
    e Remaining amount distributed out of corpus 9,809
    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 5 144,169
    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) ...     		49,662
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		94,507
    10 Analysis of line 9:
    a Excess from 2016.... 43,691
    b Excess from 2017.... 41,007
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020.... 9,809
    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
    BIG BROTHERSSISTERS OF OC
    14131 YORBA STREET SUITE 200
    TUSTIN,CA92780     		NONE PC TO FURTHER THEIR CHARITABLE PURPOSE. 5,000
    BOY SCOUTS OF ORANGE COUNTY
    3590 HARBOR GATEWAY NORTH
    COSTA MESA,CA92626     		NONE PC TO FURTHER THEIR CHARITABLE PURPOSE. 30,000
    BOYS & GIRLS CLUB - BUENA PARK
    7758 KNOTT AVENUE
    BUENA PARK,CA90620     		NONE PC TO FURTHER THEIR CHARITABLE PURPOSE. 15,000
    BOYS & GIRLS CLUB - STANTON
    11050 CEDAR STREET
    STANTON,CA90680     		NONE PC TO FURTHER THEIR CHARITABLE PURPOSE. 20,000
    BOYS & GIRLS CLUB - TUSTIN
    580 W SIXTH STREET
    TUSTIN,CA92780     		NONE PC TO FURTHER THEIR CHARITABLE PURPOSE. 20,000
    CHAPMAN UNIVERSITY
    ONE UNIVERSITY DRIVE
    ORANGE,CA92866     		NONE PC TO FURTHER THEIR CHARITABLE PURPOSE. 60,000
    CHOC CHILDREN'S FOUNDATION
    505 S MAIN STREET
    ORANGE,CA92868     		NONE PC TO FURTHER THEIR CHARITABLE PURPOSE. 25,000
    CYPRESS COLLEGE
    9200 VALLEY VIEW STREET
    CYPRESS,CA90630     		NONE PC TO FURTHER THEIR CHARITABLE PURPOSE. 12,000
    FULLERTON COLLEGE FOUNDATION
    321 EAST CHAPMAN AVE
    FULLERTON,CA92832     		NONE PC TO FURTHER THEIR CHARITABLE PURPOSE. 12,000
    GOLDEN WEST COLLEGE
    15744 GOLDEN WEST ST
    HUNTINGTON BEACH,CA92647     		NONE PC TO FURTHER THEIR CHARITABLE PURPOSE. 12,000
    GOODWILL INDUSTRIES
    410 NORTH FAIRVIEW STREET
    SANTA ANA,CA92703     		NONE PC TO FURTHER THEIR CHARITABLE PURPOSE. 10,000
    HUNTINGTON BEACH TREE SOCIETY
    16632 WELLINGTON
    HUNTINGTON BEACH,CA92649     		NONE PC TO FURTHER THEIR CHARITABLE PURPOSE. 3,000
    INTERVAL HOUSE
    PO BOX 3356
    SEAL BEACH,CA92626     		NONE PC TO FURTHER THEIR CHARITABLE PURPOSE. 80,000
    NOVA ACADEMY
    920 WEST 17TH STREET
    SANTA ANA,CA92706     		NONE PC TO FURTHER THEIR CHARITABLE PURPOSE. 25,000
    OLIVE CREST
    2130 EAST 4TH STREET STE 200
    SANTA ANA,CA92705     		NONE PC TO FURTHER THEIR CHARITABLE PURPOSE. 50,000
    ORANGE COAST COLLEGE FOUNDATION
    2701 FAIRVIEW ROAD
    COSTA MESA,CA92626     		NONE PC TO FURTHER THEIR CHARITABLE PURPOSE. 12,000
    SALVATION ARMY
    710 SOUTH MAIN STREET
    SANTA ANA,CA92701     		NONE PC TO FURTHER THEIR CHARITABLE PURPOSE. 30,000
    SANTA ANA COLLEGE
    1530 WEST 17TH STREET
    SANTA ANA,CA92706     		NONE PC TO FURTHER THEIR CHARITABLE PURPOSE. 12,000
    SANTIAGO CANYON COLLEGE
    8045 EAST CHAPMAN AVE
    ORANGE,CA92869     		NONE PC TO FURTHER THEIR CHARITABLE PURPOSE. 12,000
    THE FRIENDLY CENTER
    147 WEST ROSE STREET
    ORANGE,CA92867     		NONE PC TO FURTHER THEIR CHARITABLE PURPOSE. 15,000
    Total .................................bullet 3a 460,000
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 35,181  
    4 Dividends and interest from securities....     14 136,061  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 127,646  
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 175,699  
    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).. 0 474,587 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    474,587
    (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:
    WALTMAR FOUNDATION
     
    C/O LARRY BELTRAMO
    EIN:
    95-2371506
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 8,045 6,436   1,609

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

    TY 2020 AmortizationSchedule
    Name:
    WALTMAR FOUNDATION
     
    C/O LARRY BELTRAMO
    EIN:
    95-2371506
    Description of Amortized Expenses Date Acquired, Completed, or Expended Amount Amortized Deduction for Prior Years Amortization Method Current Year Amortization Net Investment Income Adjusted Net Income Total Amount of Amortization
    LEASE COMMISSION 2019-01-01 122,288 12,229 120.000000000000 12,229 12,229   24,458

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

    TY 2020 DepreciationSchedule
    Name:
    WALTMAR FOUNDATION
     
    C/O LARRY BELTRAMO
    EIN:
    95-2371506
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    BUILDING 2001-03-10 1,245,739 600,265 SL 39.000000000000 31,942 31,942    
    LAND 2001-03-10 599,800   L   0 0    

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    WALTMAR FOUNDATION
     
    C/O LARRY BELTRAMO
    EIN:
    95-2371506
    Name of Bond End of Year Book Value End of Year Fair Market Value
    GOLDMAN SACHS GROUP 25,013 25,046
    ALBERTSONS INC 12,596 17,550
    REDWOOD TRUST 4,405 5,655

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    WALTMAR FOUNDATION
     
    C/O LARRY BELTRAMO
    EIN:
    95-2371506
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ALCOA CORP 18,799 29,343
    ALCOA CORP 199 1,268
    ALCOA CORP 15,878 15,374
    ALLEGHENY TECH INC 47,853 70,769
    ALLIANZ SE ADR 53,841 133,110
    ALLIANZ SE ADR 7,956 24,650
    ANHEUSER BUSCH 28,911 43,344
    ARCELORMITTAL CA NY REG 23,472 36,635
    ARCELORMITTAL CL A 5 5
    ARCELORMITTAL CL A 5,186 17,106
    ARCHER-DANIELS-MIDLAND CO 41,839 249,530
    ARCONIC CORP 5,956 11,205
    ARCONIC CORPORATION 20,773 20,383
    BANK OF AMERICA CORP 43,667 96,992
    BANK OF AMERICA CORP 23,154 48,496
    BANK OF AMERICA CORP 2,303 6,062
    BANK OF AMERICA CORP 22,360 60,620
    BOEING 16,665 38,959
    BUNGE LTD 57,576 60,530
    CARNIVAL CP 16,156 34,223
    CHINA LIFE INSURANCE CO 40,104 40,314
    CITIGROUP 28,953 36,626
    CITIGROUP INC 5,030 5,241
    CLEVELAND CLIFFS 3,624 14,793
    CLEVELAND CLIFFS INC 31,964 72,392
    COMMERCIAL METALS CO 38,218 37,691
    DAIMLER 13,370 39,481
    DEUTSCHE TELEKOM AF 1 ORD 1 ADS 51,615 82,215
    FEDERAL SIGNAL CORP 12,898 58,048
    FEDERAL SIGNAL CORP 13,826 74,633
    FLEXTRONICS 11,530 35,385
    FOOT LOCKER INC 16,644 30,168
    FORD MOTOR COMPANY 56,514 52,740
    FREEPORT-MCMORAN CL-B 30,949 61,589
    GENERAL ELECTRIC 21,574 38,783
    GENERAL MOTORS CO 40,872 68,706
    GENERAL MOTORS COMPANY 56,755 68,706
    GOODYEAR TIRE & RUBBER 446 1,047
    GOODYEAR TIRE & RUBBER CO 10,131 16,365
    GOODYEAR TIRE & RUBBER CO 21,622 16,365
    HOWMET AEROSPACE INC 32,238 42,981
    ING GROEP NV ADR 59,019 69,856
    INGEVITY CORP 17,588 39,001
    JPMORGAN CHASE & CO 39,492 52,480
    KROGER CO 35,189 34,618
    LINCOLN NTL CORP 19,312 48,901
    METLIFE 27,112 49,016
    NUTRIEN LTD 47,723 46,041
    ORANGE NEW 31,563 35,580
    ORANGE NEW 10,281 11,860
    PG&E CORPORATION 15,139 25,132
    PG&E CORPORATION 8,010 8,311
    PROLOGIS INC 13,524 44,448
    PROLOGIS INC COM 20,026 55,212
    PRUDENTIAL FINANCIAL 21,172 37,708
    REGIONS FINANCIAL CORP NEW 49,799 102,362
    SIEMENS AKTIENGESELLSCHAFT 53,645 72,508
    TECK RESOURCES LTD 50,553 62,000
    UNITED NAT FOODS INC 12,629 19,675
    UNITED STATES STL CP 3,225 11,219
    UNITED STATES STL CP 20,670 44,441
    AEGON NV 8,996 4,740
    AEGON NV 14,426 9,480
    AEGON NV ORD REG AMER F 30,337 16,195
    AEGON ORD REG AMER 7,928 3,555
    ALBERTSONS 12,069 13,185
    ALBERTSONS 5,481 6,153
    ALBERTSONS 14,540 16,754
    ALBERTSONS 5,383 6,329
    ALBERTSONS 11,516 13,835
    ALBERTSONS 2,674 3,516
    ALBERTSONS 8,473 10,548
    ALIBABA GROUP HOLDING 14,536 20,946
    ALLEGHANY 8,341 8,452
    ALLEGHANY 9,520 9,659
    ALLEGHANY 10,048 10,263
    ALLEGHANY 580 604
    ALLEGHANY 12,870 13,281
    ALLY FINANCIAL INC 2,076 2,853
    ALLY FINANCIAL INC 4,377 6,062
    ALLY FINANCIAL INC 9,379 12,481
    ALLY FINANCIAL INC 7,312 10,698
    ALLY FINANCIAL INC 4,562 7,132
    ALLY FINL 10,480 14,264
    ALLY FINL 2,136 3,566
    ALLY FINL 4,261 10,698
    ALLY FINL 3,231 8,202
    AMERICAN EXPRESS CO 11,860 18,137
    AMERICAN EXPRESS CO 12,545 19,346
    AMERICAN EXPRESS CO 1,559 2,418
    ANDERSONS INC 5,590 4,902
    ANDERSONS INC 8,744 8,824
    ANDERSONS INC 5,915 6,863
    ANDERSONS INC 6,464 7,843
    ANDERSONS INC 2,848 3,677
    ANDERSONS INC 916 1,226
    ARDAGH FIN HOLDINGS 6,042 6,884
    ARDAGH FIN HOLDINGS 6,173 6,884
    ARDAGH FIN HOLDINGS 3,947 5,163
    ARDAGH FIN HOLDINGS 7,437 10,326
    ARDAGH FIN HOLDINGS 7,552 11,703
    ARDMORE SHIPPING 2,819 3,270
    ARDMORE SHIPPING CO 10,928 4,578
    ARDMORE SHIPPING CO 4,503 2,289
    AUTONATION INC 12,400 20,937
    AUTONATION INC 6,498 10,469
    AUTONATION INC 7,890 13,958
    AUTONATION INC 5,226 10,469
    AUTOZONE 4,664 10,669
    AUTOZONE 2,679 5,927
    BANK OF NY MELLON 15,473 21,220
    BANK OF NY MELLON 2,288 2,122
    BANK OF NY MELLON 10,674 10,610
    BAUSCH HEALTH COS INC 5,656 8,320
    BAUSCH HEALTH COS INC 5,357 8,320
    BAUSCH HEALTH COS INC 6,244 10,400
    BAUSCH HEALTH COS INC 5,714 10,400
    BEACON ROOFING 178 201
    BEACON ROOFING 10,625 15,674
    BERKSHIRE HATHAWAY INC 18,509 51,011
    BERKSHIRE HATHAWAY INC 14,959 24,346
    BLACKBERRY 3,411 3,978
    BLACKBERRY 6,051 7,293
    BLACKBERRY LTD 5,779 8,619
    BRIGHTHOUSE FINL 5,451 3,548
    BRIGHTHOUSE FINL 8,220 7,313
    BRIGHTHOUSE FINL 6,754 6,879
    BRIGHTHOUSE FINL 5,254 5,793
    BRIGHTHOUSE FINL INC 6,054 7,241
    BROOKFIELD ASSET MANAGEMENT 2,628 3,425
    BROOKFIELD ASSET MGMT 2,211 6,191
    BROOKFIELD ASSET MGMT 4,859 14,445
    BROOKFIELD ASSET MGMT 3,626 9,286
    BROOKFIELD ASSET MGMT 2,211 3,095
    BROOKFIELD ASSET MGMT 4,859 7,222
    BROOKFIELD ASSET MGMT 3,615 4,622
    BROOKFIELD PROPERTY REIT 10,940 8,516
    BROOKFIELD PROPERTY REIT 3,691 2,988
    BROOKFIELD PROPERTY REIT 6,380 5,378
    BROOKFIELD PROPERTY REIT 6,655 5,976
    BROOKFIELD PROPERTY REIT 6,010 5,528
    C K HUTCHINSON HOLDINGS 14,027 7,656
    C K HUTCHINSON HOLDINGS 6,377 3,480
    C K HUTCHINSON HOLDINGS 6,388 4,176
    C K HUTCHINSON HOLDINGS 9,060 5,568
    C K HUTCHINSON HOLDINGS 4,972 2,784
    C K HUTCHINSON HOLDINGS 9,682 6,264
    C K HUTCHINSON HOLDINGS ORDF 4,261 2,791
    C K HUTCHINSON HOLDINGS ORDF 14,740 11,166
    C K HUTCHINSON HOLDINGS ORDF 5,494 4,187
    C K HUTCHINSON HOLDINGS ORDF 3,410 2,652
    C N A FINANCIAL CORP 32,724 31,168
    C N A FINANCIAL CORP 9,562 8,766
    C N A FINANCIAL CORP 6,597 6,818
    C N A FINANCIAL CORP 6,958 7,792
    CENTRAL VLY CMNTY BANCP 4,832 7,371
    CENTRAL VLY CMNTY BANCP 3,282 4,839
    CENTRAL VLY CMNTY BANCP 2,200 2,978
    CHEMOURS CO 4,160 14,254
    CHEMOURS CO 11,647 7,437
    CHEMOURS CO 13,439 13,015
    CINCINNATI BELL 7,109 7,437
    CLEARWATER PAPER CO 8,609 18,120
    CLEARWATER PAPER CO 8,043 16,988
    CLEARWATER PAPER CO 2,667 6,417
    COCA-COLA EURO 9,143 11,959
    COCA-COLA EURO 8,945 11,959
    COLFAX CORP 8,164 11,472
    COLONY CAPITAL INC NEW 434 784
    COLONY CAPITAL INC NEW 5,717 3,064
    COLONY CAPITAL INC NEW 1,785 962
    COLONY CAPITAL INC NEW 1,772 962
    COLONY CAPITAL INC NEW 6,085 2,164
    COLONY CAPITAL INC NEW 49,346 14,430
    COLONY CAPITAL INC NEW 3,305 842
    COLONY CAPITAL INC NEW 10,096 3,006
    COLONY CAPITAL INC NEW 7,135 2,525
    COLONY CAPITAL INC NEW 18,774 14,291
    COLONY CAPITAL INC NEW 8,591 4,329
    COLONY CAPITAL INC NEW 10,387 2,886
    COLONY CAPITAL INC NEW 5,989 5,070
    COMCAST CORP 6,415 9,432
    COMCAST CORP 1,961 3,144
    COMCAST CORP 13,020 18,340
    COMCAST CORP 5,441 7,860
    COMCAST CORPORATION 3,488 5,764
    CONS COMMUNICATION 5,262 1,345
    CONS COMMUNICATION 4,216 1,467
    CONS COMMUNICATION 6,593 2,494
    CONS COMMUNICATION 6,889 2,885
    CONS COMMUNICATION 4,595 1,956
    CONS COMMUNICATION 7,729 3,716
    CONS COMMUNICATION 4,969 4,841
    CONS COMMUNICATION 3,227 4,157
    CONS COMMUNICATION HOLDINGS 3,569 1,711
    CONS COMMUNICATION HOLDINGS 7,024 1,711
    CONS COMMUNICATION HOLDINGS 5,097 1,222
    CONS COMMUNICATION HOLDINGS 4,495 1,100
    CONS COMMUNICATION HOLDINGS 7,251 2,201
    COVETRUS 352 862
    COVETRUS 4,004 13,508
    CROWN HOLDINGS 4,745 11,022
    CROWN HOLDINGS 8,243 20,040
    DARLING INGREDIENTS INC 7,263 27,686
    DARLING INGREDIENTS INC 3,144 12,690
    DISCOVERY COMM 13,972 15,714
    DISCOVERY COMM 13,190 15,714
    DISCOVERY COMM 6,729 8,643
    DISCOVERY COMM 5,438 7,071
    DISCOVERY COMM 7,575 10,476
    DISCOVERY COMM 7,789 11,262
    DISCOVERY COMM 10,959 17,547
    DONNELLEY FINL 3,418 4,073
    DONNELLEY FINL 937 1,188
    DONNELLEY FINL 3,210 4,921
    DONNELLEY FINL 3,514 6,449
    DONNELLEY FINL 3,865 7,127
    DORIAN LPG LTD 5,602 8,533
    DORIAN LPG LTD 581 878
    DUPONT DE NEUMOURS 10,578 12,373
    DUPONT DE NEUMOURS 2,193 2,560
    DUPONT DE NEUMOURS 8,615 11,378
    DUPONT DE NEUMOURS 4,696 6,400
    DUPONT DE NEUMOURS 12,797 17,777
    DUPONT DE NEUMOURS 6,967 13,511
    EQUITY COMMONWEALTH 8,846 7,366
    EQUITY COMMONWEALTH 2,576 2,182
    EQUITY COMMONWEALTH 5,454 4,910
    FAIRFAX FINANCIAL 3,878 3,411
    FAIRFAX FINANCIAL 15,276 13,644
    FAIRFAX FINANCIAL 7,225 5,458
    FAIRFAX FINANCIAL 7,551 5,117
    FAIRFAX FINL 7,865 6,481
    FAIRFAX FINL 5,538 6,822
    FEDEX CORP 11,710 18,173
    FIRST PACIFIC COMP 8,171 3,537
    FIRST PACIFIC COMP 6,530 2,836
    FIRST PACIFIC COMP 9,398 6,691
    FIRST PACIFIC COMP 6,033 5,161
    GILDEAD SCIENCES 3,656 2,913
    GILDEAD SCIENCES 14,718 11,652
    GILDEAD SCIENCES 8,378 6,991
    GILDEAD SCIENCES 12,281 10,487
    GILDEAD SCIENCES 3,291 2,913
    GILDEAD SCIENCES 11,885 11,652
    GILDEAD SCIENCES 5,905 5,826
    GOLDMAN SACHS 17,248 23,734
    GOLDMAN SACHS 7,705 10,548
    GOLDMAN SACHS 14,434 18,460
    GOLDMAN SACHS 1,985 2,373
    GREAT LAKES DREDGE 715 2,107
    GREAT LAKES DREDGE 3,237 10,536
    GREEN PLAINS 2,064 4,609
    GREEN PLAINS INC 11,368 7,902
    GREEN PLAINS INC 6,580 4,609
    GREEN PLAINS INC 5,884 4,478
    GREEN PLAINS INC 1,861 1,449
    GREEN PLAINS INC 13,391 10,536
    GREIF INC 8,642 10,782
    GREIF INC 2,436 3,282
    GREIF INC 2,448 3,282
    GREIF INC 8,000 10,782
    GREIF INC 3,335 4,688
    GRUPO FINC 5,118 3,626
    GRUPO FINC INBURSA 11,677 7,252
    GRUPO FINC INBURSA 7,473 4,936
    INVESTOR AB 6,780 11,744
    INVESTOR AB 6,782 10,276
    ITERIS INC 4,680 6,215
    ITERIS INC 4,677 6,328
    ITOCHU CORPORATION ORD F 10,636 29,200
    JEFFERIES FINL 28,064 24,600
    JEFFERIES FINL 13,897 12,300
    JEFFERIES FINL 5,404 4,920
    JEFFERIES FINL 6,393 6,150
    JEFFERIES FINL 2,482 2,706
    JEFFERIES FINL 9,155 10,824
    JOHNSON & JOHNSON 4,611 6,295
    JOHNSON & JOHNSON 2,825 3,148
    JOHNSON & JOHNSON 7,699 8,656
    JOHNSON & JOHNSON 4,726 5,194
    JOHNSON & JOHNSON 12,602 14,479
    JPMORGAN CHASE 8,111 11,436
    JPMORGAN CHASE 9,494 12,072
    JPMORGAN CHASE 7,409 8,260
    JPMORGAN CHASE & CO 10,578 38,121
    KROGER CO 2,173 3,176
    KROGER CO 6,408 6,352
    KROGER CO 6,239 6,352
    KROGER CO 6,262 6,352
    KROGER COMPANY 4,238 6,352
    KROGER COMPANY 1,737 2,541
    KROGER COMPANY 8,535 13,339
    LIBERTY GLOBAL 7,439 7,095
    LIBERTY GLOBAL 6,621 7,095
    LIBERTY GLOBAL INC 5,004 4,730
    LIBERTY GLOBAL INC 12,451 14,190
    LIBERTY GLOBAL INC 6,241 5,558
    LIBERTY GLOBAL INC 3,480 2,838
    LIBERTY GLOBAL INC (LBTYK) 7,053 5,794
    LIBERTY LATIN 3,473 5,379
    LIBERTY LATIN AMERICA 4,973 2,551
    LIBERTY LATIN AMERICA 6,328 4,436
    LIBERTY LATIN AMERICA 3,371 2,218
    LIBERTY LATIN AMERICA 5,151 3,327
    LIBERTY LATIN AMERICA 10,497 5,212
    LIBERTY LATIN AMERICA 4,433 2,218
    LOEWS CORPORATION 23,393 23,635
    LOEWS CORPORATION 6,449 7,879
    LUMEN TECHNOLOGIES 11,123 10,725
    LUMEN TECHNOLOGIES 11,999 11,700
    LUMEN TECHNOLOGIES 8,790 9,750
    MARTINREA INTL 11,314 14,020
    MARTINREA INTL 7,337 10,515
    METLIFE INC 31,955 34,039
    METLIFE INC 6,383 7,043
    METLIFE INC 9,113 9,859
    NEUBERGR BRM 11,891 6,066
    NEUBERGR BRM 1,942 2,022
    NEUBERGR BRM 2,632 3,370
    NEW YORK COMMUNITY 5,767 6,330
    NEW YORK COMMUNITY 9,625 10,550
    NEW YORK COMMUNITY 1,279 1,477
    NEW YORK COMMUNITY 9,518 12,238
    NEXSTAR MEDIA 4,868 6,551
    NEXSTAR MEDIA 13,016 15,287
    NEXSTAR MEDIA GROUP 18,628 27,297
    NN INC 2,061 1,840
    NN INC 6,847 6,570
    NN INC 7,826 7,621
    OAKTREE SPECIALTY 10,463 12,254
    OAKTREE SPECIALTY 8,808 11,140
    OAKTREE SPECIALTY 4,791 6,127
    OAKTREE STRATEGIC 4,416 5,580
    O-I GLASS INC 26,373 9,520
    O-I GLASS INC 11,346 4,165
    O-I GLASS INC 6,322 2,380
    O-I GLASS INC 23,825 9,520
    O-I GLASS INC 5,891 2,975
    O-I GLASS INC 8,047 5,057
    O-I GLASS INC 9,066 5,652
    O-I GLASS INC 7,624 10,710
    OLD NATIONAL BANCORP IND 9,687 11,592
    OLD NATIONAL BANCORP IND 10,756 13,248
    OLD NATIONAL BANCORP IND 3,919 4,968
    PARK OHIO HOLDINGS 131 93
    PARK OHIO HOLDINGS 11,807 8,219
    PARK OHIO HOLDINGS 7,088 5,253
    PARK OHIO HOLDINGS 3,406 2,503
    PARK OHIO HOLDINGS 10,371 10,660
    PARK OHIO HOLDINGS 6,701 8,807
    PBF ENERGY 8,476 2,343
    PBF ENERGY 4,022 1,704
    PBF ENERGY 5,716 1,420
    PBF ENERGY 7,806 2,272
    PBF ENERGY 6,537 2,130
    PBF ENERGY INC 4,175 1,420
    PBF ENERGY INC 7,830 2,698
    PBF ENERGY INC CL A 971 320
    PBF ENERGY INC CL A 2,729 888
    PENSKE AUTOMOTIVE 9,831 13,363
    PENSKE AUTOMOTIVE 6,547 8,908
    PENSKE AUTOMOTIVE 5,159 7,424
    PENSKE AUTOMOTIVE 5,306 7,721
    PENSKE AUTOMOTIVE 5,147 8,612
    PEOPLES BANCORP 2,154 2,844
    PEOPLES BANCORP INC 3,078 3,657
    PEOPLES BANCORP INC 5,533 6,772
    PEOPLES BANCORP INC 4,312 5,418
    PROSPERITY BANCHARE 3,463 5,202
    PROSPERITY BANCHARE 4,702 6,936
    PROSPERITY BANCHARE 7,131 7,283
    PROSPERITY BANCHARE 5,828 6,242
    PROSPERITY BANCSHARE 6,333 6,936
    PROSPERITY BANCSHARE 6,571 9,017
    QEP CO INC 7,049 10,120
    RENEWABLE ENERGY GROUP 2,650 19,475
    RESOLUTE FOREST PROD 5,818 4,513
    RESOLUTE FOREST PROD 6,602 5,559
    RESOLUTE FOREST PROD 5,137 4,251
    RESOLUTE FOREST PROD 5,622 5,036
    RESOLUTE FOREST PROD 6,742 6,802
    RUSH ENTERPRISES CL A 6,738 15,533
    RUSH ENTERPRISES CL A 5,460 12,736
    RUSH ENTERPRISES CL A 3,461 8,077
    RUSH ENTERPRISES CL A 3,077 7,145
    SEABOARD CORP 2,996 3,031
    SEABOARD CORP 5,347 6,062
    SEABOARD CORP 3,193 3,031
    SEABOARD CORP 3,249 3,031
    SEACOR MARINE 2,429 542
    SEACOR MARINE 7,672 1,707
    SEACOR MARINE 4,117 921
    SHINSEI BANK LTD ORD 31,314 16,968
    SHINSEI BANK LTD ORD 7,676 4,848
    SHINSEI BANK LTD ORD 6,636 3,878
    SIERRA BANCORP 9,604 14,352
    SIERRA BANCORP 5,103 7,774
    SOUTH ST 12,539 11,930
    SOUTH ST 6,954 6,507
    SOUTH ST 3,607 3,254
    SOUTH ST 4,791 4,338
    SOUTH ST 6,970 6,507
    SUMITOMO CORP ORD 13,108 13,020
    SUMITOMO CORP ORD 10,392 10,416
    SUMITOMO CORP ORD 3,865 3,906
    SUMITOMO CORP ORD 3,799 3,906
    SUMITOMO CORP ORD 3,817 3,906
    SUMITOMO CORP ORD 2,526 2,604
    SUMITOMO CORP ORD 3,570 3,906
    SUMITOMO CORP ORD 7,669 7,812
    SUMITOMO CORP ORD 4,284 5,208
    TELEPHONE & DATA SYS 8,443 6,314
    TELEPHONE & DATA SYS 5,855 4,828
    TELEPHONE & DATA SYS 7,945 7,799
    TELEPHONE & DATA SYS 6,793 7,057
    TELEPHONE & DATA SYS NEW 8,775 6,499
    TELEPHONE & DATA SYS NEW 13,762 10,213
    TENENT HEALTHCARE 9,734 25,954
    TENET HEALTHCARE 6,607 9,982
    TENNACO INC 11,195 2,385
    TENNACO INC 9,156 2,120
    TENNECO INC 11,431 2,915
    TENNECO INC 5,365 1,696
    TENNECO INC 6,720 2,544
    TENNECO INC 6,396 5,300
    TENNECO INC 5,360 5,406
    TEVA PHARM INDS LTD 15,864 4,342
    TEVA PHARM INDS LTD 15,772 4,342
    TEVA PHARM INDS LTD 5,238 2,123
    TEVA PHARM INDS LTD 8,229 4,632
    TEVA PHARMACEUTICAL 5,718 5,790
    TRAVELERS COMPANIES 2,550 4,211
    TRILOGY INTERNATIONAL 14,205 3,145
    TRILOGY INTERNATIONAL 10,202 2,247
    TRILOGY INTERNATIONAL 5,947 3,595
    TRILOGY INTERNATIONAL 2,165 2,247
    UNITED NATURAL FOODS 6,388 14,373
    UNITED NATURAL FOODS 9,992 23,955
    UNITED NATURAL FOODS 3,899 3,993
    US CELLUL 8,663 9,207
    US CELLUL 5,327 5,217
    US CELLUL 2,701 2,762
    US CELLUL 2,787 2,762
    US CELLUL 10,718 10,742
    US CELLUL 5,824 5,831
    US CELLUL 1,828 1,841
    US CELLUL 927 921
    VALERO ENERGY CORP 4,809 5,261
    VALERO ENERGY CORP 4,551 4,808
    VALERO ENERGY CORP 4,693 5,657
    VALERO ENERGY CORP 17,102 22,628
    VALERO ENERGY CORP NEW 14,365 23,873
    VERIZON 3,371 4,406
    VERIZON 11,209 14,687
    VERIZON COMMUNICATION 15,801 16,156
    WASHINGTON PRIME 7,143 638
    WASHINGTON PRIME 2,466 234
    WASHINGTON PRIME 5,640 508
    WASHINGTON PRIME 8,995 833
    WASHINGTON PRIME 16,192 1,667
    WASHINGTON PRIME 5,737 612
    WASHINGTON PRIME 1,525 469
    WELLS FARGO & CO 4,735 6,036
    WELLS FARGO BANK 20,939 13,581
    WELLS FARGO BANK NA 3,313 3,018
    WELLS FARGO BK NA 2,572 1,509
    WESTROCK CO 6,830 7,835
    WESTROCK CO 14,295 17,412
    WESTROCK COMPANY 8,670 8,706
    WESTROCK COMPANY 18,904 18,283
    WESTROCK COMPANY 4,278 4,353
    WIDEOPENWEST 3,076 3,201
    WIDEOPENWEST 13,210 13,658
    WIDEOPENWEST 6,507 6,615
    WIDEOPENWEST 10,217 14,938
    WIDEOPENWEST 1,456 2,134
    WIDEOPENWEST 4,770 7,469
    WIDEOPENWEST INC 2,775 5,335

    TY 2020 InvestmentsOtherSchedule2
    Name:
    WALTMAR FOUNDATION
     
    C/O LARRY BELTRAMO
    EIN:
    95-2371506
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ISHARES MSCI POLAND CAPPED ETF FMV 40,892 45,287
    ISHARES RUSSELL 2000 ETF FMV 235,412 620,530
    ISHARES RUSSELL 2000 ETF FMV 49,496 128,419
    FRANKLIN STREET PROPERTY CP REIT FMV 8,142 3,496
    FRANKLIN STREET PROPERTY CP REIT FMV 7,335 2,753
    FRANKLIN STREET PROPERTY CP REIT FMV 3,921 1,617
    ISTAR INC FMV 7,482 9,801
    ISTAR INC FMV 10,156 14,850
    ISTAR INC FMV 8,960 12,474
    KIMCO REALTY CORP FMV 2,679 3,002
    KIMCO REALTY CORP FMV 6,995 7,505
    PIEDMONT ENERGY FMV 11,708 9,738
    VORNADO REALTY TRUST FMV 15,035 8,588
    VORNADO REALTY TRUST FMV 5,851 3,361
    VORNADO REALTY TRUST FMV 4,030 2,352
    VORNADO REALTY TRUST FMV 7,188 4,369
    PARK HOTELS & RESORTS FMV 16,218 12,348
    PARK HOTELS & RESORTS FMV 10,697 8,232

    TY 2020 LandEtcSchedule2
    Name:
    WALTMAR FOUNDATION
     
    C/O LARRY BELTRAMO
    EIN:
    95-2371506
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    BUILDING 1,245,739 632,207 613,532  
    LAND 599,800 0 599,800  
    LEASE COMMISSION 122,288 24,458 97,830  


    TY 2020 LegalFeesSchedule
    Name:
    WALTMAR FOUNDATION
     
    C/O LARRY BELTRAMO
    EIN:
    95-2371506
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL AND PROFESSIONAL FEES 150 150   0


    TY 2020 OtherAssetsSchedule
    Name:
    WALTMAR FOUNDATION
     
    C/O LARRY BELTRAMO
    EIN:
    95-2371506
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DIVIDENDS RECEIVABLE 747    
    STOCK SETTLEMENT 22,473    


    TY 2020 OtherExpensesSchedule
    Name:
    WALTMAR FOUNDATION
     
    C/O LARRY BELTRAMO
    EIN:
    95-2371506
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    REGISTRY OF CHARITABLE TRUSTS 75 75   0
    MISCELLANEOUS EXPENSES 24 5   19
    CA FILING FEE 10 10   0
    ACCRUED BOND INTEREST 83 83   0
    OTHER INVESTMENT EXPENSES 1,793 1,793   0
    MANAGEMENT FEES 4,200 4,200   0
    MISCELLANEOUS 274 274   0
    AMORTIZATION 12,229 12,229   0


    TY 2020 OtherLiabilitiesSchedule
    Name:
    WALTMAR FOUNDATION
     
    C/O LARRY BELTRAMO
    EIN:
    95-2371506
    Description Beginning of Year - Book Value End of Year - Book Value
    STOCK SETTLEMENT LIABILITY 185,384 0


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    WALTMAR FOUNDATION
     
    C/O LARRY BELTRAMO
    EIN:
    95-2371506
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MORGAN STANLEY - INVESTMENT FEES 36,295 36,295   0
    CHARLES SCHWAB - INVESTMENT FEES 14,759 14,759   0


    TY 2020 TaxesSchedule
    Name:
    WALTMAR FOUNDATION
     
    C/O LARRY BELTRAMO
    EIN:
    95-2371506
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 6,794 6,794   0
    FEDERAL TAXES 5,347 0   0
    TAXES 24,960 24,960   0