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
KRUPP SMITH FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)27000 W 77TH ST
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SHAWNEE, KS66227
A Employer identification number

74-1562995
B Telephone number (see instructions)

(913) 895-4701
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$8,216,718
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 74,675 74,675  
4 Dividends and interest from securities... 177,380 177,380  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 78,291
b Gross sales price for all assets on line 6a 2,283,913
7 Capital gain net income (from Part IV, line 2)... 78,291
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........ 330,346 330,346  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... 756 756   0
b Accounting fees (attach schedule)....... 16,481 16,481   0
c Other professional fees (attach schedule).... 97,919 97,919   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 39,672 2,172   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 75 75   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 154,903 117,403   0
25 Contributions, gifts, grants paid....... 868,000 868,000
26 Total expenses and disbursements. Add lines 24 and 25 1,022,903 117,403   868,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -692,557
b Net investment income (if negative, enter -0-) 212,943
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.............      
2 Savings and temporary cash investments......... 802,083 285,765 285,765
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) 0 Click to see attachment1,208,124 1,241,792
b Investments—corporate stock (attach schedule)....... 7,251,925 Click to see attachment4,389,655 4,897,309
c Investments—corporate bonds (attach schedule)....... 0 Click to see attachment1,722,514 1,791,852
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 8,054,008 7,606,058 8,216,718
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 8,054,008 7,606,058
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)..... 8,054,008 7,606,058
30 Total liabilities and net assets/fund balances (see instructions). 8,054,008 7,606,058
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
8,054,008
2
Enter amount from Part I, line 27a .....................
2
-692,557
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
244,607
4
Add lines 1, 2, and 3 ..........................
4
7,606,058
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
7,606,058
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 D    
b PUBLICLY TRADED SECURITIES 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 172,123   41,682 130,441
b 2,111,790   2,163,940 -52,150
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       130,441
b       -52,150
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 78,291
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 2,960
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 2,960
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 2,960
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 13,778
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 13,778
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 10,818
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet10,818 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)
    bulletKS
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletGARY SMITH Telephone no.bullet (913) 895-4701

    Located atbullet27000 WEST 77TH STREETSHAWNEEKS ZIP+4bullet66227
    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
    GARY A SMITH CHAIRMAN
    5.00
    0 0 0
    27000 WEST 77TH STREET
    SHAWNEE,KS66227
    GARY A SMITH JR PRESIDENT
    5.00
    0 0 0
    27000 WEST 77TH STREET
    SHAWNEE,KS66227
    KAY M SMITH TREASURER
    5.00
    0 0 0
    27000 WEST 77TH STREET
    SHAWNEE,KS66227
    ROBERT G SMITH SECRETARY
    5.00
    0 0 0
    27000 WEST 77TH STREET
    SHAWNEE,KS66227
    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.........................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
    7,609,208
    b
    Average of monthly cash balances.......................
    1b
    734,466
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    8,343,674
    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
    8,343,674
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    125,155
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    8,218,519
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    410,926
    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
    410,926
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    2,960
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,960
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    407,966
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    407,966
    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
    407,966
    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
    868,000
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    868,000
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    868,000
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus
    (b)
    Years prior to 2019
    (c)
    2019
    (d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 407,966
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 312,527
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 868,000
    a Applied to 2019, but not more than line 2a 312,527
    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..... 407,966
    e Remaining amount distributed out of corpus 147,507
    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 5 147,507
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........
    0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......
    0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........
    0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
    0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........
    0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......
    0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...
    0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......
    147,507
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020.... 147,507
    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
    CAMP KESEM AT UNIVERSITY OF KANSAS
    PO BOX 4664
    LAWRENCE,KS66046
      PC GENERAL SUPPORT 5,000
    CASTING FOR RECOVERY ARKANSAS
    109 EAST OAK ST STE 1G
    BOZEMAN,MT59715
      PC GENERAL SUPPORT 2,500
    CHURCH OF ST CLEMENT
    810 NORTH CAMPBELL
    EL PASO,TX79902
      PC GENERAL SUPPORT 7,500
    EMORY UNIVERSITY SCHOOL OF MEDICINE
    100 WOODRUFF CIRCLE
    ATLANTA,GA30322
      PC ENDOWMENT FUND SUPPORT 733,000
    RADFORD SCHOOL
    2001 RADFORD STREET
    EL PASO,TX79903
      PC EDUCATION ASSISTANCE 5,000
    THE SHARING PLACE
    1695 EAST 3300 SOUTH
    SALT LAKE CITY,UT84106
      PC GENERAL SUPPORT 5,000
    PARKINSONS FOUNDATION
    200 SE 1ST STREET STE 800
    MIAMI,FL33131
      PC GENERAL SUPPORT 100,000
    EQUAL JUSTICE INITIATIVE
    122 COMMERCE STREET
    MONTGOMERY,AL36104
      PC GENERAL SUPPORT 10,000
    Total .................................bullet 3a 868,000
    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 74,675  
    4 Dividends and interest from securities....     14 177,380  
    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 78,291  
    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).. 0 330,346 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    330,346
    (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:
    KRUPP SMITH FAMILY FOUNDATION
    EIN:
    74-1562995
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 16,481 16,481   0

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    KRUPP SMITH FAMILY FOUNDATION
    EIN:
    74-1562995
    Name of Bond End of Year Book Value End of Year Fair Market Value
    BLACKROCK HIGH YIELD BOND INSTL CL 45871.56 SH 350,000 357,338
    LORD ABBETT SHORT DURATION INCOME CL F 59382.42 SH 250,000 250,000
    ARES CAPITAL CORP 2781 SH 47,320 46,971
    ADVOCATE 4.272 081548 19000 SH 22,395 24,715
    AIR LEASE 3.0 020130 26000 SH 25,835 26,837
    ANHEUSER 3.65 020126 19000 SH 19,893 21,476
    ANHEUSER 3.65 020126 3000 SH 3,370 3,393
    AT&T INC 4.25 030127 23000 SH 24,789 26,892
    BAC SER MM 4.3 PERPTL 27000 SH 26,528 27,844
    BORGWARNER 2.65 070127 25000 SH 25,044 26,867
    BROADCOM COR3.875 011527 23000 SH 25,726 25,856
    CAMPBEL SOUP2.375 042430 48000 SH 50,180 50,359
    CHENIERE NT 5.875 033125 23000 SH 25,982 26,709
    COMCAST CORP 4.15 101528 22000 SH 24,534 26,333
    COMMONSPIRIT3.347 100129 25000 SH 25,169 27,485
    CROWN CASTLE 4.3 021529 23000 SH 25,289 27,194
    CVS HLTH 5.125 072045 23000 SH 26,928 30,850
    DIAMONDBACK 3.5 120129 24000 SH 25,082 25,560
    FISERV NOTE 4.2 100128 22000 SH 24,341 26,127
    GEORGE WASH 4.126 091548 21000 SH 25,962 26,164
    GM SR NOTE 4.25 051523 28000 SH 28,922 30,210
    GS SR NOTE 3.5 111626 36000 SH 37,304 40,385
    KAISER FNDTN 3.15 050127 22000 SH 22,785 24,807
    KINDER MORGAN 4.3 030128 22000 SH 25,506 25,779
    LEAR CORP 3.5 053030 26000 SH 26,436 28,193
    LOWES COS NT 4.0 041525 22000 SH 23,154 24,995
    MAGNA INTL 2.45 061530 25000 SH 25,164 26,865
    MARRIOTT INT4.625 061530 22000 SH 25,717 25,800
    MICROSOFT CO2.525 060150 25000 SH 25,709 26,236
    MS SR NT 4.431 012330 22000 SH 26,400 26,769
    NATIONAL RURA3.25 110125 24000 SH 25,252 26,699
    NJ ST TRANSN5.754 121528 20000 SH 22,765 23,613
    NORTHERN STS 2.9 030150 25000 SH 24,954 28,218
    PARKER HANNI 3.25 061429 24000 SH 24,714 27,120
    PIONEER NAT 1.9 081530 26000 SH 25,793 25,770
    PRECISION 3.25 061525 23000 SH 24,735 25,341
    PULTE CORP 7.875 061532 17000 SH 24,755 25,436
    RELX CAP 3.0 052230 3000 SH 3,310 3,335
    RELX CAP 4.0 031829 22000 SH 23,309 26,068
    SCHWAB CHAR 5.375 PERPTL 36000 SH 37,556 40,095
    STHWST ARLNS 5.25 050425 22000 SH 25,050 25,438
    V F CORP 2.8 042327 25000 SH 25,251 27,302
    VERIZON COMM3.875 020829 23000 SH 24,946 27,004
    VISA INC 3.15 121425 23000 SH 24,005 25,786
    WALMART NT 4.05 062948 18000 SH 21,443 24,397
    WALT DISNEY 1.85 073026 24000 SH 23,212 25,221

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    KRUPP SMITH FAMILY FOUNDATION
    EIN:
    74-1562995
    Name of Stock End of Year Book Value End of Year Fair Market Value
    DIAMOND HILL SHORT DURATION SECURITIZED BOND CL I 24557.96 SH 250,000 247,790
    GRANT PARK MULTI ALTERNATIVE STRATEGIES CL I 25597.27 SH 300,000 291,553
    JAMES ALPHA XXX GLOBAL REAL ESTATE INVESTMENTS CL I 18646.78 SH 350,000 322,589
    BLUEROCK TOTAL INCOME PLUS REAL ESTATE CL I 9004.58 SH 271,366 268,337
    ARTHUR J GALLAGHER & COMPANY 57 SH 5,157 7,050
    ALIGN TECHNOLOGY INC 20 SH 5,251 10,687
    ANSYS INC 18 SH 5,928 6,547
    ALTERYX INC CL A 27 SH 2,602 3,287
    ASPEN TECHNOLOGY INC 49 SH 5,958 6,381
    BIOMARIN PHARMACEUTICAL INC 30 SH 3,529 2,630
    BROADRIDGE FINANCIAL SOLUTIONS INC 28 SH 3,694 4,289
    BURLINGTON STORES INC 37 SH 6,513 9,676
    CABLE ONE INC 4 SH 4,860 8,910
    CDW CORP 63 SH 7,005 8,302
    CHIPOTLE MEXICAN GRILL INC CL A 8 SH 5,416 11,094
    COOPER COS INC NEW 21 SH 6,662 7,630
    COPART INC 73 SH 7,017 9,289
    COSTAR GROUP INC 9 SH 7,159 8,319
    CATALENT INC 93 SH 6,676 9,679
    D R HORTON INC 49 SH 2,147 3,377
    DEXCOM INC 17 SH 2,607 6,285
    EURONET WORLDWIDE INC 45 SH 7,516 6,521
    EPAM SYSTEMS INC 33 SH 6,101 11,826
    FASTENAL CO 101 SH 3,228 4,932
    FIVE BELOW INC 64 SH 7,057 11,199
    FLOOR & DECOR HOLDINGS INC CL A 49 SH 3,672 4,550
    GRACO INC 97 SH 4,896 7,018
    GENERAC HOLDINGS INC 41 SH 4,623 9,324
    HEICO CORP NEW 43 SH 4,578 5,693
    ICON PLC 41 SH 6,246 7,994
    IDEXX LABORATORIES INC 18 SH 4,969 8,998
    IDEX CORP 22 SH 3,759 4,382
    JAZZ PHARMACEUTICALS PLC SHS USD 26 SH 3,632 4,291
    JB HUNT TRANSPORT SERVICES INC 37 SH 4,067 5,056
    JACK HENRY & ASSOCIATES INC 20 SH 2,945 3,240
    KEYSIGHT TECHNOLOGIES INC 75 SH 6,908 9,907
    LAMB WESTON HLDGS INC 91 SH 5,779 7,165
    MICROCHIP TECHNOLOGY INC 73 SH 6,434 10,082
    MARKETAXESS HOLDINGS INC 10 SH 3,425 5,706
    MONOLITHIC POWER SYSTEM INC 35 SH 4,763 12,818
    MERCURY SYSTEM INC 70 SH 4,842 6,164
    MSCI INC CLASS A 12 SH 5,028 5,358
    NCR CORP NEW 126 SH 4,584 4,734
    PAYCOM SOFTWARE INC 27 SH 6,530 12,211
    PINNACLE FINANCIAL PARTNERS INC 84 SH 4,897 5,410
    INSULET CORP 34 SH 3,996 8,691
    POOL CORP 27 SH 5,172 10,058
    PTC INC 52 SH 4,018 6,220
    QUALYS INC 36 SH 3,554 4,387
    REPLIGEN CORP 38 SH 4,711 7,282
    RESMED INC 41 SH 6,591 8,715
    ROCKWELL AUTOMATION INC 20 SH 3,178 5,016
    RBC BEARINGS INC 12 SH 2,142 2,148
    SYNOPSYS INC 43 SH 5,804 11,147
    TREX CO INC 94 SH 4,021 7,870
    TRANSUNION 57 SH 4,233 5,656
    TRACTOR SUPPLY CO 58 SH 7,452 8,154
    TAKE-TWO INTERACTIVE INC 39 SH 4,460 8,104
    TYLER TECHNOLOGIES INC 17 SH 3,723 7,421
    UNDER ARMOUR INC CL A 270 SH 4,037 4,636
    VEEVA SYSTEMS INC CL A 34 SH 6,344 9,257
    VERISK ANALYTICS INC 36 SH 5,364 7,473
    VERISIGN INC 25 SH 4,324 5,410
    ALLIED MOTION TECH INC 417 SH 15,634 21,309
    AVANOS MEDICAL INC 316 SH 10,827 14,498
    BANK MARIN BANCORP 367 SH 15,604 12,603
    BROWN & BROWN INC 301 SH 10,427 14,270
    BRP GROUP INC CL A 410 SH 4,100 12,288
    CANNAE HOLDINGS INC 302 SH 8,806 13,370
    EDGEWELL PERSONAL CARE CO 455 SH 11,885 15,734
    FARO TECHNOLOGIES INC 212 SH 11,629 14,974
    FRONTDOOR INC 260 SH 11,370 13,055
    FORWARD AIR CORP 177 SH 10,413 13,601
    GLADSTONE COMMERCIAL * CORP 722 SH 15,371 12,996
    HEALTHCARE SVCS GROUP 635 SH 14,440 17,844
    I3 VERTICALS INC 715 SH 17,437 23,738
    JOHN BEAN TECHNOLOGIES CORP 166 SH 18,962 18,902
    J & J SNACK FOODS CORP 109 SH 13,702 16,935
    JAMES RIVER GROUP HOLDINGS LTD 248 SH 9,398 12,189
    KADANT INC 93 SH 8,424 13,111
    MORNINGSTAR INC 57 SH 7,539 13,199
    MOVADO GROUP INC 830 SH 19,840 13,795
    NATHANS FAMOUS INC NEW 67 SH 5,259 3,700
    NEENAH INC 235 SH 15,613 13,000
    NATUS MEDICAL INC DELAWARE 611 SH 15,622 12,244
    NORTHWEST NATURAL HOLDING CO NEW 224 SH 15,631 10,302
    PHIBRO ANIMAL HEALTH CORP CL A 487 SH 15,629 9,458
    PERFICIENT INC 184 SH 5,893 8,768
    RESOURCES CONNECTION INC 987 SH 15,669 12,407
    RE/MAX HOLDINGS INC CL A 347 SH 10,511 12,607
    RBC BEARINGS INC 104 SH 16,592 18,620
    RAYONIER INC * 509 SH 15,652 14,954
    SJW GROUP 183 SH 11,626 12,693
    THERMON GROUP HLDGS INC 604 SH 15,595 9,441
    VERITEX HOLDINGS INC 602 SH 15,637 15,447
    WINNEBAGO INDUSTRIES INC 298 SH 14,395 17,862
    ANALOG DEVICES INC 434 SH 42,095 64,115
    BROADRIDGE FINANCIAL SOLUTIONS INC 505 SH 55,674 77,366
    BERKSHIRE HATHAWAY INC CL B NEW 135 SH 27,097 31,302
    CHUBB LTD 419 SH 59,027 64,492
    COLGATE-PALMOLIVE COMPANY 863 SH 61,904 73,795
    CISCO SYSTEMS INC 1440 SH 66,151 64,440
    CHEVRON CORP 509 SH 59,246 42,985
    DIAGEO PLC NEW SPON ADR 428 SH 58,150 67,971
    DIGITAL REALTY * TRUST INC 520 SH 58,504 72,545
    DOW INC 1273 SH 65,232 70,652
    ENTERGY CORP NEW 604 SH 59,295 60,303
    FASTENAL CO 1365 SH 36,591 66,653
    FIDELITY NATIONAL FINANCIAL INC NEW FNF GROUP COM 2033 SH 70,746 79,470
    GRACO INC 1341 SH 51,622 97,021
    GILEAD SCIENCES INC 979.88 SH 68,973 57,088
    KINDER MORGAN INC DE 3083 SH 59,853 42,145
    LINDE PLC 309 SH 58,032 81,425
    LOCKHEED MARTIN CORP 169 SH 58,785 59,992
    3M COMPANY 364 SH 62,128 63,624
    MICROSOFT CORP 325.72 SH 11,589 72,446
    NESTLE S A SPON ADR REPSTG REG SHS 608 SH 57,610 71,622
    NORTHERN TRUST CORP 717 SH 61,729 66,781
    PAYCHEX INC 840 SH 62,478 78,271
    PEPSICO INC 473 SH 56,292 70,146
    PFIZER INC 1677 SH 63,982 61,730
    PROGRESSIVE CORP OH 747 SH 46,718 73,863
    POLARIS INC 735 SH 62,418 70,031
    RAYONIER INC * 2011 SH 58,300 59,083
    SL GREEN REALTY OLDCHG CORP 824 SH 66,014 49,094
    SNAP ON INC 468 SH 73,822 80,094
    SOUTHERN COMPANY 1119 SH 59,803 68,740
    TIFFANY & CO NEW CHG 528 SH 47,525 69,406
    TJX COS INC NEW 299.91 SH 14,618 20,481
    THERMO FISHER SCIENTIFIC INC 60 SH 14,442 27,947
    UNION PACIFIC CORP 122.22 SH 19,033 25,448
    U S BANCORP DE NEW 1370 SH 67,820 63,828
    VIATRIS INC 208 SH 3,508 3,898
    WEYERHAEUSER CO * 2367 SH 65,816 79,366
    ABB LIMITED SPONSORED ADR 401 SH 7,704 11,212
    ALLIANZ SE ADR 587 SH 11,531 14,470
    BANCO SANTANDER S A ADR 4503 SH 17,573 13,734
    BP PLC SPON ADR 453 SH 15,055 9,296
    CHINA MOBILE LTD SPON ADR 355 SH 17,144 10,132
    CK HUTCHISON HOLDINGS LTD UNSPON ADR 2208 SH 20,469 15,368
    COMPAGNIE DE ST GOBAIN ADR 1829 SH 12,937 16,717
    CONTINENTAL AG SPONSORED ADR 1217 SH 14,314 18,206
    DENSO CORP LTD ADR 117 SH 2,277 3,496
    E N I SPA SPON ADR 421 SH 13,215 8,673
    ENEL SOCIETA PER AZIONI ADR 1648 SH 8,501 16,727
    FUJIFILM HOLDINGS CORP ADR 260 SH 11,832 13,767
    GLAXOSMITHKLINE PLC SPON ADR 320 SH 13,198 11,776
    HONDA MOTOR LTD ADR REPSTG 1 ORD 498 SH 13,193 14,069
    ISUZU MOTORS LTD ADR 107 SH 1,222 1,012
    KINGFISHER PLC SPON ADR PAR 15 5/7 PENCE 1711 SH 10,982 12,576
    KYOCERA CORP ADR 236 SH 14,705 14,549
    LLOYDS BANKING GROUP PLC SPONSORED ADR 6219 SH 17,294 12,189
    MITSUBISHI ELEC CORP ADR 483 SH 12,792 14,640
    NATURGY ENERGY GROUP S A ADR 1116 SH 4,406 5,156
    NIPPON TELEGRAPH & TELEPHONE CORP SPON ADR 522 SH 11,906 13,415
    NOVARTIS AG SPON ADR 111 SH 8,811 10,482
    QBE INSURANCE GROUP LTD SPON ADR 980 SH 8,102 6,390
    ROYAL DUTCH SHELL PLC SPONSORED ADR REPSTG B SHARES 388 SH 17,890 13,041
    SANOFI SPON ADR 298 SH 12,518 14,480
    SINGAPORE TELECOMMUNICATIONS LTD SPONSORED ADR NEW 2006 305 SH 8,220 5,307
    SONY GROUP CORP ADR NEW 107 SH 7,249 10,818
    SSE PLC SPON ADR 846 SH 12,185 17,191
    TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD SPON ADR 177 SH 4,760 19,300
    TAKEDA PHARMACEUTICAL CO LTD SPON ADR 895 SH 16,495 16,289
    TELIA CO AB UNSPON ADR 1504 SH 13,561 12,318
    TESCO PLC OLDCHG SPON ADR 1871 SH 15,321 18,092
    TOKIO MARINE HOLDINGS INC SPON ADR 271 SH 11,745 14,293
    UNITED OVERSEAS BK LTD SPONS ADR 388 SH 13,037 13,258
    WH GROUP LTD SPON ADR 794 SH 13,564 13,244
    WPP PLC NEW ADR 164 SH 11,055 8,869
    ZURICH INSURANCE GROUP LTD 170 SH 4,431 7,177
    JOHNSON CTRLS1.75 091530 26000 SH 25,959 26,469
    JPMORGAN CHASE & CO DEP SHS REPSTG 1/10TH PERPTL PFD FF FXD/VAR 25000 SH 25,628 26,313
    METLIFE INC SER G PFD NON CUML FXD/VAR 26000 SH 25,970 27,300

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    KRUPP SMITH FAMILY FOUNDATION
    EIN:
    74-1562995
    US Government Securities - End of Year Book Value:

    995,269
    US Government Securities - End of Year Fair Market Value:

    1,017,559
    State & Local Government Securities - End of Year Book Value:


    212,855
    State & Local Government Securities - End of Year Fair Market Value:


    224,233


    TY 2020 LegalFeesSchedule
    Name:
    KRUPP SMITH FAMILY FOUNDATION
    EIN:
    74-1562995
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 756 756   0


    TY 2020 OtherExpensesSchedule
    Name:
    KRUPP SMITH FAMILY FOUNDATION
    EIN:
    74-1562995
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    WIRE TRANSFER FEE 75 75   0


    TY 2020 OtherIncreasesSchedule
    Name:
    KRUPP SMITH FAMILY FOUNDATION
    EIN:
    74-1562995
    Description Amount
    DONATED STOCK BASIS ADJUSTMENT 244,607


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    KRUPP SMITH FAMILY FOUNDATION
    EIN:
    74-1562995
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 97,919 97,919   0


    TY 2020 TaxesSchedule
    Name:
    KRUPP SMITH FAMILY FOUNDATION
    EIN:
    74-1562995
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX PAID 2,172 2,172   0
    EXCISE TAX 37,500 0   0