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
ROBERT F LANGE FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 3170 DEPT 715
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
HONOLULU, HI968023170
A Employer identification number

23-7241511
B Telephone number (see instructions)

(808) 694-4525
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$10,267,724J 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 878 878  
4 Dividends and interest from securities... 200,959 200,959  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -101,169
b Gross sales price for all assets on line 6a 6,162,421
7 Capital gain net income (from Part IV, line 2)... 0
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)....... Click to see attachment 41 41  
12 Total. Add lines 1 through 11........ 100,709 201,878  
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).........        
b Accounting fees (attach schedule)....... Click to see attachment 8,112 3,580   4,532
c Other professional fees (attach schedule).... Click to see attachment 115,022 84,399   30,623
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 11,487 1,428   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 770 594   7
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 135,391 90,001   35,162
25 Contributions, gifts, grants paid....... 365,000 365,000
26 Total expenses and disbursements. Add lines 24 and 25 500,391 90,001   400,162
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -399,682
b Net investment income (if negative, enter -0-) 111,877
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............. 1,703 6 6
2 Savings and temporary cash investments......... 309,210 422,661 422,661
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)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 7,672,136 Click to see attachment7,161,394 9,845,057
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) 7,983,049 7,584,061 10,267,724
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 attachment0 Click to see attachment694
23 Total liabilities (add lines 17 through 22)......... 0 694
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 7,983,049 7,583,367
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 7,983,049 7,583,367
30 Total liabilities and net assets/fund balances (see instructions). 7,983,049 7,584,061
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
7,983,049
2
Enter amount from Part I, line 27a .....................
2
-399,682
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
7,583,367
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
7,583,367
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 P 2020-01-01 2020-12-31
b PUBLICLY TRADED SECURITIES P 2009-08-31 2020-12-28
c STLMT-VISTA LITIGATION P 2019-01-01 2020-06-02
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 4,387,358   4,471,480 -84,122
b 1,775,010   1,792,110 -17,100
c 53     53
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       -84,122
b       -17,100
c       53
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 -101,169
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 1,555
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 1,555
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 1,555
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 6,920
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 6,920
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 5,365
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet5,365 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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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)
    bulletHI
    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 ofbulletBANK OF HAWAII Telephone no.bullet (808) 694-4525

    Located atbullet111 SO KING STREETHONOLULUHI ZIP+4bullet96813
    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
    RUEDI F THOENI VP/DIRECTOR
    0.00     		0 0 0
    PO BOX 3170
    HONOLULU,HI968023170
    MARILYNN MATSUMOTO TREAS/SEC/DIRECTOR
    1.00     		0 0 0
    PO BOX 3170
    HONOLULU,HI968023170
    DAVID FRANKLIN VP/DIRECTOR
    0.00     		0 0 0
    PO BOX 3170
    HONOLULU,HI968023170
    PATTI LYONS VP/DIRECTOR
    0.00     		0 0 0
    PO BOX 3170
    HONOLULU,HI968023170
    MARY F WILLIAMSON VP/DIRECTOR
    0.00     		0 0 0
    PO BOX 3170
    HONOLULU,HI968023170
    BANK OF HAWAII FISCAL AGENT
    1.00     		0 0 0
    PO BOX 3170
    HONOLULU,HI968023170
    JOHN LOCKWOOD PRES/DIRECTOR
    1.00     		0 0 0
    PO BOX 3170
    HONOLULU,HI968023170
    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
    8,728,014
    b
    Average of monthly cash balances.......................
    1b
    454,018
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    9,182,032
    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
    9,182,032
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    137,730
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    9,044,302
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    452,215
    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
    452,215
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    1,555
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
    921
    c
    Add lines 2a and 2b............................
    2c
    2,476
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    449,739
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    449,739
    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
    449,739
    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
    400,162
    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
    400,162
    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
    400,162
    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 7 449,739
    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...... 53,973
    b From 2016...... 83,531
    c From 2017......  
    d From 2018...... 23,788
    e From 2019......  
    fTotal of lines 3a through e........ 161,292
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 400,162
    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..... 400,162
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 49,577 49,577
    (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 5 111,715
    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) ...     		4,396
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		107,319
    10 Analysis of line 9:
    a Excess from 2016.... 83,531
    b Excess from 2017....  
    c Excess from 2018.... 23,788
    d Excess from 2019....  
    e Excess from 2020....  
    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
    CHILD AND FAMILY SERVICE
    91-1841 FORT WEAVER ROAD
    EWA BEACH,HI967061909     		  PC FOR HEALTHY FAMILIES PROGRAM OR CRITICAL NEEDS OF CHILD AGE BIRTH TO 12 YEARS AT RISK OR ARE ABUSED/NEGLECTED 200,000
    HONOLULU MUSEUM OF ARTS
    900 SOUTH BERETANIA ST
    HONOLULU,HI968141495     		  PC FOR EXPANSION OF INTERNET ACCESS TO THE MUSEUM'S COLLECTION OF ART; CONSERVATION OF JAPANESE WOODBLOCK PRINTS; INCREASED ACCESS TO RESOURCES FOR JAPANESE, CHINESE AND KOREAN ART IN THE ROBERT ALLERTON ART LIBRARY, AND THE ART TO GO PROGRAM, SERVING HAWAII'S YOUTH AT RISK. 165,000
    Total .................................bullet 3a 365,000
    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 ...........     		    14 878  
    4 Dividends and interest from securities....     14 200,959  
    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..... 900099 41      
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 -101,169  
    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).. 41 100,668 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    100,709
    (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.)
    1 $41 IS HAWAII 2019 HAWAII TAX REFUND.
    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:
    ROBERT F LANGE FOUNDATION
    EIN:
    23-7241511
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE 8,112 3,580   4,532

    TY 2020 InvestmentsOtherSchedule2
    Name:
    ROBERT F LANGE FOUNDATION
    EIN:
    23-7241511
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    001084102 AGCO CORP COM 125 SHS AT COST 9,016 12,886
    00130H105 AES CORP 465 SHS AT COST 9,671 10,928
    00191U102 ASGN INCORPORATED 70 SHS AT COST 5,408 5,847
    00258W108 AARON'S COMPANY INC 47 SHS AT COST 806 891
    002824100 ABBOTT LABORATORIES 176 SHS AT COST 16,247 19,270
    00287Y109 ABBVIE INC 570 SHS AT COST 40,929 61,076
    00404A109 ACADIA HEALTHCARE CO INC 140 SHS AT COST 5,590 7,036
    00507V109 ACTIVISION BLIZZARD INC 110 SHS AT COST 8,754 10,214
    00724F101 ADOBE SYSTEMS INC 20 SHS AT COST 9,688 10,002
    00738A106 ADTRAN INC 715 SHS AT COST 7,905 10,561
    007903107 ADVANCED MICRO DEVICES INC 110 SHS AT COST 9,368 10,088
    00828EDC0 AFRICAN DEVELOPMENT BANK SR UNSECURED 3% 09/20/2023 20000 SHS AT COST 19,977 21,482
    011659109 ALASKA AIR GROUP INC 135 SHS AT COST 4,352 7,020
    013872106 ALCOA CORP 285 SHS AT COST 5,838 6,569
    015271109 ALEXANDRIA REAL EST EQUITIES 73 SHS AT COST 10,448 13,010
    01609W102 ALIBABA GROUP HOLDINGS LTD. SP ADR 35 SHS AT COST 9,693 8,146
    018581108 ALLIANCE DATA SYSTEMS CORP 80 SHS AT COST 6,012 5,928
    018802108 ALLIANT ENERGY CORP 245 SHS AT COST 12,682 12,625
    01988P108 ALLSCRIPTS-MISYS HEALTHCARE 420 SHS AT COST 6,124 6,065
    020002101 ALLSTATE CORP 95 SHS AT COST 9,788 10,443
    02005N100 ALLY FINANCIAL INC 640 SHS AT COST 14,661 22,822
    02079K305 ALPHABET INC CL A 29 SHS AT COST 37,321 50,827
    02208R106 ALTRA HOLDINGS INC 125 SHS AT COST 5,449 6,929
    023135106 AMAZON.COM INC 16 SHS AT COST 32,910 52,111
    02361E108 AMERESCO INC CL A AT COST 5,824 6,791
    02665WDD0 AMERICAN HONDA FINANCE SR UNSECURED 2.15% 09/10/2024 15000 SHS AT COST 15,164 15,884
    02665WDN8 AMERICAN HONDA FINANCE SR UNSECURED 1% 09/10/2025 15000 SHS AT COST 14,999 15,229
    030420103 AMERICAN WATER WORKS CO INC 90 SHS AT COST 10,498 13,812
    032654AJ4 ANALOG DEVICES SR UNSECURED 3.9% 12/15/2025-2025 10000 SHS AT COST 9,987 11,405
    03765K104 APHRIA INC 820 SHS AT COST 5,748 5,674
    037833100 APPLE INC 589 SHS AT COST 35,383 78,154
    037833AK6 APPLE INC SR UNSECURED 2.4% 05/03/2023 15000 SHS AT COST 15,017 15,734
    038222105 APPLIED MATERIALS INC 80 SHS AT COST 5,509 6,239
    03937C105 ARCBEST CORP 160 SHS AT COST 4,955 6,827
    039483102 ARCHER-DANIELS MIDLAND CO 180 SHS AT COST 9,119 9,074
    04013V108 ARES COMMERCIAL REAL ESTATE 410 SHS AT COST 3,691 4,883
    042735100 ARROW ELECTRONICS INC 65 SHS AT COST 5,490 6,325
    043436104 ASBURY AUTOMOTIVE GROUP 43 SHS AT COST 4,588 6,267
    049164205 ATLAS AIR WORLDWIDE HLDGS AT COST 3,481 5,727
    05464HAB6 AXIS SPECIALTY FINAN PLC SR UNSECURED 5.15% 04/01/2045 10000 SHS AT COST 10,684 12,099
    05591B109 BMC STOCK HOLDINGS INC 130 SHS AT COST 3,352 6,978
    05988J103 BANDWIDTH INC CLASS A 41 SHS AT COST 2,583 6,300
    064159KU9 BANK OF NOVA SCOTIA SR UNSECURED FLTG RT 1.64238% 01/08/2021 5000 AT COST 5,000 5,000
    06747PSM2 BARCLAYS BANK PLC SR UNSECURED 2% 05/29/2024-2021 10000 SHS AT COST 9,974 10,001
    07556Q881 BEAZER HOMES USA INC 395 SHS AT COST 6,050 5,984
    084670702 BERKSHIRE HATHAWAY INC CL B 45 SHS AT COST 8,618 10,434
    084670BS6 BERKSHIRE HATHAWAY INC SR UNSECURED 3.125% 03/15/2026-2025 5000 SH AT COST 5,118 5,587
    086516101 BEST BUY CO INC 96 SHS AT COST 9,785 9,580
    09247XAQ4 BLACKROCK INC SR UNSECURED 2.4% 04/30/2030-2030 10000 SHS AT COST 10,024 10,933
    099724106 BORGWARNER INC 250 SHS AT COST 9,782 9,660
    099724AL0 BORGWARNER INC SR UNSECURED 2.65% 07/01/2027-2027 5000 SHS AT COST 4,986 5,376
    100557107 BOSTON BEER COMPANY INC CL A 8 SHS AT COST 8,419 7,954
    11135F101 BROADCOM INC 190 SHS AT COST 48,093 83,192
    112463104 BROOKDALE SENIOR LIVING INC 1015 SHS AT COST 4,451 4,496
    12504L109 CBRE GROUP INC 165 SHS AT COST 9,379 10,349
    12621E103 CNO FINANCIAL GROUP INC 285 SHS AT COST 5,791 6,336
    126650100 CVS/CAREMARK CORP 240 SHS AT COST 14,103 16,392
    127387108 CADENCE DESIGN SYSTEMS INC 174 SHS AT COST 11,756 23,739
    12769G100 CAESARS ENTERTAINMENT INC 85 SHS AT COST 2,955 6,313
    13066YTZ2 CALIFORNIA ST DEPT OF WTR RESOURCES PWR SPLY REVENUE TXBL-REF-SER AT COST 5,000 5,115
    13100M509 CALIX INC 255 SHS AT COST 3,523 7,589
    131193104 CALLAWAY GOLF CO 240 SHS AT COST 3,084 5,762
    138098108 CANTEL MEDICAL CORP 80 SHS AT COST 6,324 6,309
    14040H105 CAPITAL ONE FINANCIAL CORP 250 SHS AT COST 17,683 24,713
    14149Y108 CARDINAL HEALTH INC 1038 SHS AT COST 51,903 55,595
    148806102 CATALENT INC 110 SHS AT COST 9,232 11,448
    16359R103 CHEMED CORPORATION 13 SHS AT COST 3,369 6,924
    17275R102 CISCO SYSTEMS 907 SHS AT COST 28,084 40,588
    172908105 CINTAS CORP 26 SHS AT COST 9,427 9,190
    172967424 CITIGROUP INC 885 SHS AT COST 58,343 54,569
    174610105 CITIZENS FINANCIAL GROUP INC. 1656 SHS AT COST 52,609 59,219
    191216100 COCA COLA CO 722 SHS AT COST 34,077 39,594
    192446102 COGNIZANT TECH SOLUTIONS CORP 120 SHS AT COST 8,075 9,834
    200340107 COMERICA INC 185 SHS AT COST 9,857 10,334
    20602D101 CONCENTRIX CORP 73 SHS AT COST 4,341 7,205
    216831107 COOPER TIRE & RUBBER CO 110 SHS AT COST 3,828 4,455
    21870Q105 CORESITE REALTY CORP 68 SHS AT COST 7,280 8,519
    219350105 CORNING INC 280 SHS AT COST 9,196 10,080
    22160K105 COSTCO WHOLESALE CORP 24 SHS AT COST 8,826 9,043
    22160KAP0 COSTCO WHOLESALE CORP SR UNSECURED 1.6% 04/20/2030-2030 10000 SHS AT COST 9,983 10,247
    222070203 COTY INC. CL A 835 SHS AT COST 5,895 5,862
    222795502 COUSINS PROPERTIES INC 920 SHS AT COST 32,804 30,820
    227483104 CROSS COUNTRY HEALTHCARE INC 1260 SHS AT COST 11,691 11,176
    22822V101 CROWN CASTLE INTL CORP 280 SHS AT COST 26,089 44,573
    228368106 CROWN HOLDINGS INC 105 SHS AT COST 9,238 10,521
    231021106 CUMMINS ENGINE INC 177 SHS AT COST 30,258 40,197
    231266MP9 CURATORS OF THE UNIV OF MISSOURI MO SYS FACS REVENUE TXBL-REF AT COST 4,931 5,243
    23331A109 D.R. HORTON INC 140 SHS AT COST 8,783 9,649
    24422EUC1 JOHN DEERE CAPITAL CORP SR UNSECURED FLT RT .4595% 03/12/2021 AT COST 10,000 10,003
    25278X109 DIAMOND BACK ENERGY INC 210 SHS AT COST 9,689 10,164
    254687106 DISNEY WALT CO 115 SHS AT COST 13,556 20,836
    254687FY7 DISNEY WALT CO SR UNSECURED 3.5% 05/13/2040-2039 10000 SHS AT COST 9,990 11,755
    25470F104 DISCOVERY INC A 355 SHS AT COST 9,594 10,682
    26444HAC5 DUKE ENERGY FLORIDA LLC SECURED 3.2% 01/15/2027-2026 15000 SHS AT COST 14,994 16,745
    26875P101 EOG RESOURCES INC 355 SHS AT COST 13,795 17,704
    277432100 EASTMAN CHEMICAL CO 518 SHS AT COST 30,662 51,945
    291011BPB EMERSON ELECTRIC CO SR UNSECURED .875% 10/15/2026-2026 5000 SHS AT COST 4,986 5,033
    29250N105 ENBRIDGE INC 812 SHS AT COST 29,805 25,976
    29355A107 ENPHASE ENERGY INC AT COST 702 13,336
    29364WAV0 ENTERGY LOUISIANA LLC SECURED 4.95% 01/15/2045-2025 10000 SHS AT COST 10,196 11,036
    29364WBF4 ENTERGY LOUSIANA LLC 1ST LIEN .62% 11/17/2023-2021 15000 SHS AT COST 14,997 15,050
    29365TAD6 ENTERGY TEXAS INC SECURED 5.15% 06/01/2045-2025 15000 SHS AT COST 14,950 16,159
    298785HK5 EUROPEAN INVT BK SR UNSECURED 2.375% 06/15/2022 25000 SHS AT COST 25,151 25,790
    30303M102 FACEBOOK INC CL A 115 SHS AT COST 22,958 31,413
    31288FB37 FEDERAL HOME LOAN MORTGAGE CORP POOL # C76358 5% 02/01/2033 OFV 14 AT COST 1,857 2,024
    3128K82C9 FEDERAL HOME LOAN MORTAGE CORP POOL # A47971 5% 08/01/2035 OFV 940 AT COST 8,374 9,401
    3128LXB25 FEDERAL HOME LOAN MORTGAGE CORP POOL # G01857 5% 10/01/2033 OFV 77 AT COST 2,122 2,376
    3128LXE97 FEDERAL HOME LOAN MORTGAGE CORP POOL # G01960 5% 12/01/2035 OFV 37 AT COST 793 883
    3128LXEK2 FEDERAL HOME LOAN MORTGAGE CORP POOL # G01938 5.5% 09/01/2035 OFV AT COST 517 568
    3128M7DH6 FEDERAL HOME LOAN MTGE CORP POOL # G05204 6% 01/01/2036 OFV 65000 AT COST 3,002 3,405
    3128PQFE6 FEDERAL HOME LOAN MTGE CORP POOL # J11065 4.5% 10/01/2024 OFV 5200 AT COST 2,051 2,101
    312935MB2 FEDERAL HOME LOAN MTGE CORP POOL # A88454 4.5% 09/01/2039 OFV 2100 AT COST 1,227 1,306
    31297TXD0 FEDERAL HOME LOAN MTGE CORP POOL # A37876 5% 09/01/2035 OFV 44000 AT COST 1,633 1,818
    3130AGFP5 FEDERAL HOME LOAN BANK UNSECURED 2.5% 06/12/2026 AT COST 25,428 27,750
    3130AGUW3 FEDERAL HOME LOAN BANK UNSECURED 2.125% 09/14/2029 40000 SHS AT COST 41,012 44,563
    313376C94 FEDERAL HOME LOAN BANK UNSECURED 2.625% 12/10/2021 20000 SHS AT COST 20,140 20,469
    313383WD9 FEDERAL HOME LOAN BANK UNSECURED 3.125% 09/09/2022 45000 SHS AT COST 45,132 47,264
    3133EHP31 FEDERAL FARM CREDIT BANK UNSECURED 1.95% 11/02/2021 20000 SHS AT COST 19,985 20,304
    3133EJ2D0 FEDERAL FARM CREDIT BANK UNSECURED 3.43% 12/06/2028 20000 SHS AT COST 20,550 23,904
    3133EKEA0 FEDERAL FARM CREDIT BANK UNSECURED 3.27% 03/22/2029-2022 45000 SHS AT COST 45,020 46,560
    3133ELLG7 FEDERAL FARM CREDIT BANK UNSECURED 2.04% 02/03/2027-2021 50000 SHS AT COST 50,248 50,068
    3133ELLH5 FEDERAL FARM CREDIT BANK UNSECURED 2.46% 02/05/2035-2025 45000 SHS AT COST 47,835 47,924
    3133ELO49 FEDERAL FARM CREDIT BANK UNSECURED .7% 06/30/2025-2021 35000 SHS AT COST 34,976 35,017
    3133ELVJ0 FEDERAL FARM CREDIT BANK UNSECURED 2% 04/08/2030-2021 100000 SHS AT COST 99,857 100,399
    3133ELXP4 FEDERAL FARM CREDIT BANK UNSECURED 1.68% 04/29/2030-2021 30000 SHS AT COST 29,943 30,095
    3133EMDZ2 FEDERAL FARM CREDIT BANK UNSECURED .52% 10/21/2025-2021 10000 SHS AT COST 9,980 10,001
    3134GV6H6 FEDERAL HOME LOAN MORTGAGE CORP UNSECURED .32% 10/20/2022-2021 350 AT COST 34,998 35,030
    31371KXY2 FEDERAL NATIONAL MORTGAGE ASSN POOL # 254595 6% 01/01/2033 OFV 104 AT COST 1,098 1,239
    31371MLB1 FEDERAL NATIONAL MORTGAGE ASSN POOL # 256022 5.5% 12/01/2035 OFV 7 AT COST 1,789 2,003
    31402QYZ8 FEDERAL NATIONAL MORTGAGE ASSN POOL #735228 5.5% 02/01/2035 OFV 20 AT COST 2,348 2,615
    31402RJV2 FEDERAL NATIONAL MORTGAGE ASSN POOL # 735676 5% 07/01/2035 OFV 250 AT COST 657 743
    31405QS82 FEDERAL NATIONAL MORTGAGE ASSN POOL # 796243 6% 11/01/2034 OFV 620 AT COST 282 301
    31407CW37 FEDERAL NATIONAL MORTGAGE ASSN POOL # 826966 5.5% 06/01/2035 OFV 6 AT COST 2,023 2,272
    31407L6S1 FEDERAL NATIONAL MTGE ASSOC POOL # 834381 6% 08/01/2035 OFV 101558 AT COST 3,897 4,331
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    31412MLE6 FEDERAL NATIONAL MTGE ASSN POOL # 929225 5.5% 03/01/2023 OFV 51000 AT COST 581 563
    31412U4V9 FEDERAL NATIONAL MTGE ASSOC POOL # 935636 4% 09/01/2024 OFV 24000 AT COST 758 780
    31416BN53 FEDERAL NATIONAL MTGE ASSOC POOL # 995112 5.5% 07/01/2036 OFV 4500 AT COST 1,844 2,054
    31418CPJ7 FEDERAL NATIONAL MORTGAGE ASSOC POOL # MA3124 2.5% 09/01/2032 OFV AT COST 15,317 15,918
    31428X106 FEDEX CORPORATION 70 SHS AT COST 17,798 18,173
    314353AA1 FEDEX 2020-1 CLASS AA 1.875% 02/02/2034 OFV 5000 5000 SHS AT COST 5,000 5,148
    315616102 F5 NETWORKS INC 59 SHS AT COST 9,871 10,380
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    24960W106 FORTERRA INC 225 SHS AT COST 2,705 3,869
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    3620ARHT1 GOVT NATIONAL MTGE ASSOC POOL # 737442 4% 09/15/2040 OFV 40000 685 AT COST 7,099 7,551
    36296UZD5 GNMA MORTGAGE POOL CTFS POOL #701940 4.5% 06/15/2039 OFV 36000 690 AT COST 7,166 7,869
    370334104 GENERAL MILLS INC 564 SHS AT COST 34,598 33,163
    377469105 GENUINE PARTS CO 438 SHS AT COST 41,490 43,988
    375558103 GILEAD SCIENCES 597 SHS AT COST 38,862 34,781
    37954A204 GLOBAL MEDICAL REIT INC 600 SHS AT COST 8,251 7,836
    38046C109 GOGO INC. 440 SHS AT COST 4,800 4,237
    38141EC23 GOLDMAN SACHS GROUP INC SR UNSECURED 3.85% 07/08/2024-2024 25000 S AT COST 25,230 27,642
    38141G104 GOLDMAN SACHS GROUP INC 39 SHS AT COST 9,764 10,285
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    384802AD6 GRAINGER W W INC SR UNSECURED 4.2% 05/15/2047-2046 10000 SHS AT COST 10,333 12,665
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    419792XB7 HAWAII ST TXBL-SER FU 2.75% 01/01/2021 25000 SHS AT COST 25,031 25,000
    419792ZA7 HAWAII ST TXBL-SER FZ 2.065% 08/01/2035-2030 25000 SHS AT COST 25,000 25,365
    419792ZL3 HAWAII ST TXBL-SER GB .852% 10/01/2025-2020 15000 SHS AT COST 15,000 15,177
    419794F80 HAWAII STATE ARPTS SYS REV TXBL-REF-SER E 2.13% 07/01/2028 25000 S AT COST 25,000 25,939
    419818HM4 HAWAII ST HSG FIN & DEV CORP SF MTGE PURCHASE REVENUE TXBL-FNMA MB AT COST 5,296 5,514
    431571108 HILLENBRAND INC 150 SHS AT COST 5,893 5,970
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    437076102 HOME DEPOT INC 33 SHS AT COST 6,241 8,765
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    448579102 HYATT HOTELS CORP CL A 80 SHS AT COST 5,871 5,940
    45258J102 IMMUNOVANT INC 125 SHS AT COST 6,190 5,774
    457187AC6 INGREDION INC SR UNSECURED 2.9% 06/01/2030-2030 10000 SHS AT COST 9,982 11,014
    458140BH2 INTEL CORP SR UNSECURED 2.45% 11/15/2019-2029 15000 SHS AT COST 15,296 16,271
    45866FAD6 INTERCONTINENTAL EXCHANGE, INC. SR UNSECURED 3.75% 12/01/2025-2025 AT COST 15,690 17,035
    459058JF1 ITL BK RECON & DEV UNSECURED FLOAT .5032% 08/19/2027 25000 SHS AT COST 25,000 24,990
    460690100 INTERPUBLIC GROUP COMPANIES 2082 SHS AT COST 37,635 48,969
    461070AR5 INTERSTATE POWER & LIGHT SR UNSECURED 3.5% 09/30/2049-2049 15000 S AT COST 14,951 17,244
    46120E602 INTUITIVE SURGICAL INS 24 SHS AT COST 17,302 19,634
    46132FAB6 INVESCO FINANCE PLC SR UNSECURED 4% 01/30/2024 15000 SHS AT COST 14,958 16,465
    464287804 ISHARES CORE S&P SMALL CAP ETF 8288 SHS AT COST 181,257 761,667
    466367109 JACK IN THE BOX INC 65 SHS AT COST 5,130 6,032
    478160104 JOHNSON & JOHNSON AT COST 9,958 10,387
    478160CR3 JOHNSON & JOHNSON SR UNSECURED 2.1% 09/01/2040-2040 AT COST 14,900 15,126
    48305QAC7 KAISER FOUNDATION HOSPITAL SR UNSECURED 3.15% 05/01/2027-2027 150 AT COST 14,962 16,940
    483548103 KAMAN CORP CL A 105 SHS AT COST 5,865 5,999
    493267108 KEYCORP NEW 3040 SHS AT COST 54,631 49,886
    494368BQ5 KIMBERLY CLARK CORP SR UNSECURED 2.65% 03/01/2025 10000 SHS AT COST 9,986 10,797
    49714P108 KINSALE CAPITAL GROUP INC 27 SHS 27 SHS AT COST 3,189 5,404
    500255104 KOHL'S CORP 330 SHS AT COST 8,749 13,428
    502431109 L3HARRIS TECHNOLOGIES INC 51 SHS AT COST 9,795 9,640
    514886AC4 LANDESBANK BADEN-WURTTEMBERG SUBORDINATED 7.625% 02/01/2023 20000 AT COST 22,277 22,890
    515098101 LANDSTAR SYS INC 42 SHS AT COST 5,264 5,656
    518439104 ESTEE LAUDER COMPANIES INC CL A 85 SHS AT COST 16,869 22,626
    52736R102 LEVI STRAUSS & CO CLASS A 335 SHS AT COST 5,492 6,727
    53223X107 LIFE STORAGE INC. 292 SHS AT COST 28,164 34,862
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    546347105 LOUISIANA PACIFIC CORP 150 SHS AT COST 4,390 5,576
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    55277P104 MGE ENERGY INC 80 SHS AT COST 5,003 5,602
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    55405W104 MYR GROUP INC /DELAWARE 120 SHS AT COST 5,641 7,212
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    559222401 MAGNA INTERNATIONAL INC CL A 894 SHS AT COST 42,894 63,295
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    58933Y105 MERCK & CO INC 571 SHS AT COST 46,946 46,708
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    64110L106 NETFLIX INC 20 SHS AT COST 7,328 10,815
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    65343C102 NEXTGEN HEALTHCARE INC 655 SHS AT COST 8,978 11,947
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    74834L100 QUEST DIAGNOSTICS INC 80 SHS AT COST 9,829 9,534
    749397105 R1 RCM INC 460 SHS AT COST 3,802 11,049
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    773903109 ROCKWELL AUTOMATION INC 41 SHS AT COST 9,008 10,283
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    87166B102 SYNEOS HEALTH INC 190 SHS AT COST 11,663 12,945
    872590104 T-MOBILE US INC 160 SHS AT COST 17,014 21,576
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    87612E106 TARGET CORP 333 SHS AT COST 23,416 58,784
    87901J105 TEGNA INC 325 SHS AT COST 4,501 4,534
    88025T102 TENABLE HOLDINGS INC 160 SHS AT COST 5,544 8,362
    880591CS9 TENNESSEE VALLEY AUTH BONDS 5.88% 04/01/2036 25000 SHS AT COST 28,408 38,512
    880591EN8 TENNESSEE VALLEY AUTH UNSECURED 1.875% 08/15/2022 30000 SHS AT COST 29,993 30,831
    880591EP3 TENNESSEE VALLEY AUTH SR UNSECURED 3.5% 12/15/2042 100000 SHS AT COST 109,564 124,738
    880770102 TERADYNE INC 165 SHS AT COST 10,272 19,782
    880890108 TERNIUM SA SPONSORED ADR 100 SHS AT COST 3,103 2,908
    88160R101 TESLA INC. 16 SHS AT COST 6,770 11,291
    882508104 TEXAS INSTRUMENTS INC 386 SHS AT COST 37,597 63,354
    88339J105 THE TRADE DESK INC. CL A 6 SHS AT COST 530 4,806
    883556102 THERMO FISHER SCIENTIFIC INC 21 SHS AT COST 9,143 9,781
    89114R5B8 TORONTO-DOMINION BANK SR UNSECURED 2.375% 11/08/2027-2023 15000 SH AT COST 15,398 15,137
    89153VAL3 TOTAL CAPITAL INTL SA SR UNSECURED 3.75% 04/10/2024 25000 SHS AT COST 25,233 27,641
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    912828D56 US TREASURY NOTES 2.375% 08/15/2024 20000 SHS AT COST 20,224 21,555
    912828F96 US TREASURY NOTES 2% 10/31/2021 20000 SHS AT COST 20,040 20,310
    912828VB3 US TREASURY NOTES 1.75% 05/15/2023 25000 SHS AT COST 24,989 25,951
    912828VS6 US TREASURY NOTES 2.5% 08/15/2023 120000 SHS AT COST 121,113 127,378
    91324P102 UNITEDHEALTH GROUP INC 30 SHS AT COST 8,474 10,520
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    91428LLZ7 UNIV OF HAWAII REVENUE TXBL-REF-SER G 2.95% 10/01/2024 5000 SHS AT COST 5,000 5,383
    91428LNM4 UNIV OF HAWAII REVENUE TXBL-REF-SER C 2.372% 10/01/2032-2030 5000 AT COST 5,000 5,023
    91879Q109 VAIL RESORTS INC 35 SHS AT COST 9,145 9,764
    921659108 VANDA PHARMACEUTICALS INC 455 SHS AT COST 6,172 5,979
    922042775 VANGUARD FTSE ALL-WORLD EX-US INDEX FD 19894 SHS AT COST 996,407 1,161,014
    922475108 VEEVA SYSTEMS INC CLASS A 70 SHS AT COST 5,508 19,058
    92343V104 VERIZON COMMUNICATIONS 1246 SHS AT COST 63,010 73,203
    92343VFT6 VERIZON COMMUNICATIONS SR UNSECURED 2.65% 11/20/2040-2040 10000 SH AT COST 10,054 10,098
    92532F100 VERTEX PHARMACEUTICALS INC 62 SHS AT COST 14,846 14,653
    92556H206 VIACOMCBS INC-CLASS B 640 SHS AT COST 18,283 23,846
    931142EB5 WALMART INC SR UNSECURED 3.95% 06/28/2038-2037 25000 SHS AT COST 29,101 31,891
    93148P102 WALKER & DUNLOP INC 110 SHS AT COST 4,226 10,122
    949746SJ1 WELLS FARGO COMPANY SR UNSECURED FLT RT FLOATING RATE 1.4415% AT COST 15,017 15,237
    955306105 WEST PHARMACEUTICAL SERVICES 74 SHS AT COST 16,489 20,965
    959802109 WESTERN UNION 1873 SHS AT COST 36,972 41,094
    96145D105 WESTROCK CO 255 SHS AT COST 7,592 11,100
    962166104 WEYERHAEUSER CO 310 SHS AT COST 7,238 10,394
    963320106 WHIRLPOOL CORP 178 SHS AT COST 20,683 32,127
    981475106 WORLD FUEL SERVICES CORP 145 SHS AT COST 5,713 4,518
    98585X104 YETI HOLDINGS INC 95 SHS AT COST 2,297 6,505
    98850P109 YUM CHINA HOLDING INC. 155 SHS AT COST 9,332 8,849
    98978V103 ZOETIS INC 55 SHS AT COST 8,900 9,103
    G0250X107 AMCOR PLC 3723 SHS AT COST 41,635 43,820
    G16962105 BUNGE LIMITED 155 SHS AT COST 9,619 10,165
    G4474Y214 JANUS HENDERSON GROUP PLC 380 SHS AT COST 9,370 12,354
    G6095L109 APTIV PLC 87 SHS AT COST 9,440 11,335
    G6331P104 ALPHA & OMEGA SEMICONDUCTOR 240 SHS AT COST 5,963 5,674
    G9078F107 TRITON INTERNATIONAL LTD/BER 130 SHS AT COST 4,923 6,306
    H84989104 TE CONNECTIVITY LTD 90 SHS AT COST 9,173 10,896
    Y1968P121 DANAOS CORP 425 SHS AT COST 5,859 9,108
    293792107 ENTERPRISE PRODUCTS PRTNS LP 1141 SHS AT COST 0 22,352

    TY 2020 OtherExpensesSchedule
    Name:
    ROBERT F LANGE FOUNDATION
    EIN:
    23-7241511
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    DCCA ANNUAL REPORT 7 0   7
    ADR/ADS FEES 15 0   0
    2019 HI UBTI TAX INTEREST & PENALTIES 96 0   0
    LITIGATION FEE STLMT VISTA OUTDOOR 50 0   0
    ADJUSTMENT 8 0   0
    ENTERPRISE PRODUCTS PARTNERS LP 594 594   0


    TY 2020 OtherIncomeSchedule2
    Name:
    ROBERT F LANGE FOUNDATION
    EIN:
    23-7241511
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    2019 HAWAII TAX REFUND 41 41 41


    TY 2020 OtherLiabilitiesSchedule
    Name:
    ROBERT F LANGE FOUNDATION
    EIN:
    23-7241511
    Description Beginning of Year - Book Value End of Year - Book Value
    XXX-XX-XXXX ENTERPRISE PRODUCTS PRTNS LP 1141 SHS 0 694


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    ROBERT F LANGE FOUNDATION
    EIN:
    23-7241511
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEE 53,776 53,776   0
    BOH MANAGEMENT FEE 61,246 30,623   30,623


    TY 2020 TaxesSchedule
    Name:
    ROBERT F LANGE FOUNDATION
    EIN:
    23-7241511
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 1,428 1,428   0
    2020 FEDERAL ESTIMATED TAX PAYMENT 9,742 0   0
    2019 HI UBTI TAX 317 0   0