Form990-PF
Click to see attachment

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 07-01-2020 , and ending 06-30-2021
Name of foundation
THE RICHARD TAM FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)8535 EDNA AVENUE 120
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LAS VEGAS, NV89117
A Employer identification number

88-0241216
B Telephone number (see instructions)

(702) 642-1177
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$24,806,084J 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 160,580 160,580  
4 Dividends and interest from securities... 235,202 235,202  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,702,437
b Gross sales price for all assets on line 6a 13,011,493
7 Capital gain net income (from Part IV, line 2)... 2,702,437
8 Net short-term capital gain......... 487,609
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........ 3,098,219 3,098,219 487,609
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 9,641 9,641    
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 166,465 166,465    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 4,421      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 180,527 176,106   0
25 Contributions, gifts, grants paid....... 996,000 996,000
26 Total expenses and disbursements. Add lines 24 and 25 1,176,527 176,106   996,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,921,692
b Net investment income (if negative, enter -0-) 2,922,113
c Adjusted net income (if negative, enter -0-)... 487,609
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............. 125,584 343,210 343,210
2 Savings and temporary cash investments.........      
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) 3,070,101 2,379,707 2,356,963
b Investments—corporate stock (attach schedule)....... 9,640,471 12,377,957 19,316,084
c Investments—corporate bonds (attach schedule)....... 3,010,271 2,667,245 2,789,827
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) 15,846,427 17,768,119 24,806,084
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 15,846,427 17,768,119
29 Total net assets or fund balances (see instructions)..... 15,846,427 17,768,119
30 Total liabilities and net assets/fund balances (see instructions). 15,846,427 17,768,119
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
15,846,427
2
Enter amount from Part I, line 27a .....................
2
1,921,692
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
17,768,119
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
17,768,119
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 545 AMERICAN TOWER CORP REIT P 2020-09-28 2020-12-08
b 98 BIOMARIN PHARMACEUTICAL INC P 2020-09-28 2020-12-17
c 1540 BOSTON SCIENTIFIC CORP P 2020-09-28 2020-12-08
d 113 EQUINIX INC P 2020-09-28 2020-12-08
e 80 ILLUMINA INC P 2020-09-28 2020-10-08
612 SALESFORCE.COM P 2020-09-28 2020-12-08
8 SERVICENOW INC P 2020-09-28 2020-10-06
434 SPLUNK INC. P 2020-09-28 2020-12-08
37 TRADE DESK INC/THE CLASS A P 2020-09-28 2020-11-20
217 CHUBB LTD P 2020-09-28 2020-11-05
3 ASML HOLDING NV NY REGISTRY P 2020-09-28 2021-01-02
79 BIOMARIN PHARMACEUTICAL INC P 2020-09-28 2021-01-28
1 COSTCO WHSL CORP NEW COM P 2020-09-28 2021-01-08
1959 ISHARES RUSSELL 1000 GROWTH ETF P 2020-12-08 2021-01-08
16 ILLUMINA INC P 2020-09-28 2021-01-27
3 PAYPAL HOLDINGS INC P 2020-09-28 2021-01-08
164 XYLEM INC P 2020-09-28 2021-01-28
196 BIOMARIN PHARMACEUTICAL INC P 2020-09-28 2021-02-05
25 SPLUNK INC. P 2021-01-08 2021-02-23
480 XYLEM INC P 2020-09-28 2021-03-30
1 ALPHABET INC. NON VOTING CAP STK CL C P 2020-09-28 2021-05-18
39 S&P GLOBAL INC P 2020-09-28 2021-05-07
13 FACEBOOK INC. CLASS A P 2020-09-28 2021-05-18
121 SPLUNK INC. P 2021-01-08 2021-05-26
22 EQUINIX INC P 2021-01-08 2021-06-22
9 NVIDIA CORP P 2020-09-28 2021-06-30
77 SPLUNK INC. P 2021-01-08 2021-06-30
26 TRADE DESK INC/THE CLASS A P 2020-09-28 2021-06-30
1078 BEST BUY CO INC P 2020-06-25 2020-09-22
2252 BORG WARNER INC P 2020-06-25 2020-09-22
1454 GIBRALTAR INDUSTRIES INC (NEW) P 2020-03-04 2020-09-22
485 LPL FINANCIAL HOLDINGS INC P 2020-06-25 2020-09-22
869 MCDONALDS CORP P 2020-09-22 2020-12-08
657 NORTHROP GRUMMAN CORP NEW P 2020-03-11 2020-12-08
1430 STAG INDUSTRIAL INC P 2019-10-04 2020-09-22
3286 T-MOBILE US INC. P 2020-06-29 2020-07-08
148 THERMO FISHER SCIENTIFIC INC P 2020-06-25 2020-09-22
150000 US TREASURY NOTES P 2020-07-23 2020-08-04
875 VERTEX PHARMACEUTICALS INC P 2020-06-25 2020-12-08
254 WALMART INC P 2020-03-11 2020-09-22
611 GIBRALTAR INDUSTRIES INC (NEW) P 2020-03-04 2021-01-12
468 LPL FINANCIAL HOLDINGS INC P 2020-06-25 2021-01-12
1640 REXNORD CORPORATION P 2020-03-11 2021-01-12
3113 VANGUARD INDEX FDS ETF S&P 500 ETF SHS P 2020-12-08 2021-01-12
555 ABBVIE INC. P 2020-06-25 2021-03-04
2994 AKAMAI TECH INC P 2020-03-04 2021-03-04
745 DUPONT DE NEMOURS INC P 2020-06-25 2021-03-04
2430 GIBRALTAR INDUSTRIES INC (NEW) P 2020-03-04 2021-03-04
434 LPL FINANCIAL HOLDINGS INC P 2020-06-25 2021-03-04
591 LOCKHEED MARTIN CORP P 2020-03-11 2021-03-04
867 REXNORD CORPORATION P 2020-03-11 2021-03-04
589 THERMO FISHER SCIENTIFIC INC P 2020-06-25 2021-03-04
975 TRUST FINL CORP P 2021-01-12 2021-03-04
5024 BORG WARNER INC P 2020-06-25 2021-05-21
1305 AVANTOR INC P 2021-01-10 2021-06-02
398 CVS HEALTH CORPORATION P 2021-01-12 2021-06-02
2275 FORD MOTOR COMPANY P 2021-05-21 2021-06-02
563 MCDONALDS CORP P 2021-01-12 2021-06-02
111 NVIDIA CORP P 2020-06-25 2021-06-02
2272 VERTIV HOLDINGS LLC CL A P 2021-01-12 2021-06-02
1019 WELLS FARGO & CO NEW P 2021-03-04 2021-06-02
3949 DXC TECHNOLOGY CO P 2021-01-12 2021-06-02
489 ADOBE SYSTEMS INC. P 2019-01-30 2020-09-22
125000 AMERICAN EXPRESS CO SR UNSECURED P 2019-08-21 2020-09-23
114 AMERICAN TOWER CORP REIT P 2017-08-31 2020-09-22
442 AVERY DENNISON CORP P 2015-06-04 2020-09-22
985 BANK NEW YORK 5.2% P 2017-05-12 2020-12-21
125000 BEST BUY CO INC SR UNSECURED P 2018-05-09 2020-12-15
100000 BLOCK FINANCIAL LLC SR UNSECURED P 2017-12-26 2020-10-01
1178 CHEVRON CORPORATION P 2016-11-14 2020-12-08
585 COMCAST CORP NEW CL A P 2014-08-29 2020-09-22
3919 DXC TECHNOLOGY CO P 2019-11-22 2020-12-08
100000 EBAY INC SR UNSECURED P 2015-03-27 2020-07-23
182 FACEBOOK INC. CLASS A P 2015-11-25 2020-09-22
100000 GILEAD SCIENCES INC. P 2015-04-22 2020-09-23
6059 INTEL CORP P 2018-11-30 2020-12-21
350000 INTL BK RECON & DEVELOP UNSECURED GLOBAL P 2018-11-02 2020-09-23
438 KIMBERLY-CLARK CORP P 2011-04-08 2020-09-22
1071 LOWES COMPANIES INC. P 2015-03-20 2020-09-22
412 MASTERCARD INC CL A P 2018-04-02 2020-09-22
38000 MEDTRONIC INC SR UNSECURED P 2017-05-11 2020-10-29
505 MONDELEZ INTL INC P 2018-08-30 2020-09-22
887 MORGAN STANLEY & CO P 2017-05-08 2020-09-22
672 NASDAQ INC. P 2015-03-20 2020-09-22
156 NEXTERA ENERGY INC. P 2012-06-14 2020-09-22
936 PIONEER NAT RES CO P 2018-12-18 2020-12-08
300000 RESOLUTION FUNDING CORP GENERIC P 2016-09-20 2020-07-15
957 SALESFORCE.COM P 2019-05-17 2020-09-22
125000 STANLEY BLACK & DECKER INC. P 2018-12-20 2020-12-02
1019 T-MOBILE US INC. P 2018-10-10 2020-09-22
3912 TRUIST FINL CORP P 2019-01-30 2020-12-08
250000 US TREASURY NOTES P 2019-08-27 2020-09-23
191 UNITEDHEALTH GROUP INC. P 2016-12-07 2020-09-22
572 VISA INC CLASS A P 2011-12-23 2020-09-22
2588 WASTE MGMT INC DEL P 2018-04-02 2020-09-22
944 WELLS FARGO & CO PFD 6% NON-CUM SER V P 2017-05-12 2020-12-15
407 ZOETIS INC CLASS A P 2017-05-19 2020-09-22
440000 FHLMC GOLD PASS THRU POOL G18090 P 2007-12-21 2020-11-30
100000 HERSHEY CO SR UNSECURED P 2012-09-06 2020-12-01
100000 MANULIFE FINANCIAL CORP SER UNSECURED P 2010-09-23 2020-09-17
100000 MORGAN STANLEY SR UNSECURED P 2010-08-25 2020-07-24
100000 SARA LEE CORP SR UNSECURED P 2012-12-04 2020-09-15
4860000 FHLMC GOLD PASS THRU POOL G12215 DTD 6/1 P 2006-06-01 2021-06-25
5280000 FHLMC GOLD PASS THRU POOL G18090 P 2005-12-01 2021-06-25
4980000 FNMA PASS THRU POOL 256370 DTD 7/1/06 P 2006-07-01 2021-06-25
4800000 FNMA PASS THRU POOL 256411 DTD 8/1/06 P 2006-08-01 2021-06-25
4800000 FNMA PASS THRU POOL 256411 DTD 8/1/06 P 2006-08-01 2021-06-25
4800000 FNMA PASS THRU POOL 882142 DTD 8/1/06 P 2006-08-01 2021-06-25
4200000 FNMA PASS THRU POOL 8970087 DTD 2/1/08 P 2008-02-01 2021-06-25
25 ALPHABET INC VOTING CAP STK CL A P 2009-01-28 2021-01-12
2703 APPLE INC P 2008-11-26 2021-01-12
289 CONSTELLATION BRANDS INC. CL A P 2017-05-08 2021-01-12
555 JPMORGAN CHASE & CO P 2012-12-17 2021-01-12
740 MORGAN STANLEY & CO P 2017-05-08 2021-01-12
100000 HCP INC SR UNSECURED CALLABLE P 2018-08-20 2021-02-26
26 ALPHABET INC VOTING CAP STK CL A P 2009-01-28 2021-03-04
62 AMAZON.COM INC. P 2016-05-12 2021-03-04
609 AMERICAN EXPRESS COMPANY P 2018-11-30 2021-03-04
269 AVERY DENNISON CORP P 2015-06-04 2021-03-04
419 DISNEY WALT COMPANY P 2018-10-10 2021-03-04
935 EBAY INC 6% PFD SR NOTE DUE 2/1/2056 P 2017-05-12 2021-03-01
332 JPMORGAN CHASE & CO P 2012-12-17 2021-03-04
619 MORGAN STANLEY & CO P 2017-05-08 2021-03-04
1643 NASDAQ INC. P 2015-03-20 2021-03-04
614 NEXTERA ENERGY INC. P 2012-06-14 2021-03-04
238 STRYKER CORP P 2017-01-27 2021-03-04
127 UNITEDHEALTH GROUP INC. P 2016-12-07 2021-03-04
1752 ZOETIS INC CLASS A P 2017-05-19 2021-03-04
63000 EXPRESS SCRIPTS HLDG CO P 2018-05-19 2021-04-05
100000 US BANCORP SR UNSECURED CALLABLE P 2014-11-25 2021-04-23
100000 AVNET INC SR UNSECURED CALLABLE P 2018-05-10 2021-05-03
348 FACEBOOK INC. CLASS A P 2015-11-25 2021-06-02
701 MICROSOFT CORP P 2015-06-04 2021-06-02
500 MONDELEZ INTL INC P 2018-08-30 2021-06-02
1000 PUBLIC STORAGE 5.125% PFD PERP SER C CUM P 2017-05-12 2021-06-30
393 T-MOBILE US INC. P 2018-10-10 2021-06-02
77 UNITEDHEALTH GROUP INC. P 2016-12-07 2021-06-02
(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 122,125   131,983 -9,858
b 8,782   7,716 1,066
c 51,943   58,673 -6,730
d 78,944   86,361 -7,417
e 25,684   24,225 1,459
139,011   150,196 -11,185
3,959   3,854 105
69,556   80,422 -10,866
25,242   17,855 7,387
29,510   25,080 4,430
1,536   1,099 437
6,557   6,220 337
367   345 22
476,391   460,682 15,709
6,897   4,845 2,052
719   569 150
16,329   13,811 2,518
16,649   15,431 1,218
3,881   4,113 -232
49,192   40,768 8,424
2,309   1,468 841
15,214   13,969 1,245
4,055   3,357 698
14,670   19,905 -5,235
17,892   15,180 2,712
7,231   4,641 2,590
10,952   12,667 -1,715
2,016   1,255 761
115,115   90,552 24,563
83,707   74,421 9,286
89,681   77,754 11,927
36,447   37,360 -913
181,289   187,269 -5,980
198,350   210,089 -11,739
44,309   42,843 1,466
559   854 -295
62,928   51,494 11,434
151,582   150,614 968
198,394   255,746 -57,352
34,863   29,131 5,732
57,640   32,674 24,966
56,046   36,050 19,996
76,233   44,313 31,920
1,083,378   1,057,221 26,157
58,613   53,169 5,444
280,596   277,424 3,172
53,626   39,029 14,597
195,153   129,947 65,206
57,105   33,431 23,674
199,645   212,057 -12,412
38,868   23,426 15,442
261,657   204,934 56,723
55,416   50,939 4,477
254,129   166,025 88,104
40,808   36,143 4,665
34,268   30,341 3,927
33,832   29,960 3,872
131,775   119,044 12,731
74,217   41,390 32,827
56,459   41,647 14,812
47,775   37,403 10,372
157,762   110,845 46,917
232,621   118,441 114,180
127,066   125,967 1,099
27,615   16,910 10,705
53,907   26,730 27,177
24,625   24,950 -325
125,000   125,000  
100,000   100,000  
108,226   125,342 -17,116
26,828   15,988 10,840
95,061   140,326 -45,265
100,000   100,000  
46,084   19,201 26,883
101,042   100,619 423
286,161   293,875 -7,714
357,000   347,204 9,796
64,454   27,517 36,937
172,084   80,770 91,314
135,856   70,312 65,544
42,842   38,038 4,804
28,160   21,417 6,743
41,818   38,103 3,715
80,864   33,933 46,931
43,045   10,488 32,557
106,461   123,707 -17,246
300,000   300,000  
234,106   151,381 82,725
128,777   125,036 3,741
113,395   68,959 44,436
186,677   192,266 -5,589
260,127   253,027 7,100
56,242   30,429 25,813
113,237   14,491 98,746
298,480   215,615 82,865
23,600   24,978 -1,378
65,802   24,596 41,206
43   2,437 -2,394
100,000   113,510 -13,510
100,000   100,000  
100,000   100,000  
100,000   106,850 -6,850
1,632   1,632  
1,589   1,589  
20   20  
2,421   2,421  
276   276  
287   287  
423   423  
43,354   4,403 38,951
346,760   9,127 337,633
66,056   51,925 14,131
77,954   24,039 53,915
56,017   31,788 24,229
110,886   99,033 11,853
52,874   4,579 48,295
185,203   44,601 140,602
86,374   67,723 18,651
45,867   16,268 29,599
78,295   48,076 30,219
23,375   23,375  
49,732   14,380 35,352
49,984   26,590 23,394
225,566   82,965 142,601
43,907   10,320 33,587
56,074   29,386 26,688
42,523   20,234 22,289
250,447   105,879 144,568
64,874   63,000 1,874
100,000   100,000  
101,689   99,783 1,906
114,045   36,714 77,331
172,675   32,509 140,166
31,761   21,205 10,556
25,000   25,000  
55,197   26,596 28,601
31,212   12,268 18,944
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       -9,858
b       1,066
c       -6,730
d       -7,417
e       1,459
      -11,185
      105
      -10,866
      7,387
      4,430
      437
      337
      22
      15,709
      2,052
      150
      2,518
      1,218
      -232
      8,424
      841
      1,245
      698
      -5,235
      2,712
      2,590
      -1,715
      761
      24,563
      9,286
      11,927
      -913
      -5,980
      -11,739
      1,466
      -295
      11,434
      968
      -57,352
      5,732
      24,966
      19,996
      31,920
      26,157
      5,444
      3,172
      14,597
      65,206
      23,674
      -12,412
      15,442
      56,723
      4,477
      88,104
      4,665
      3,927
      3,872
      12,731
      32,827
      14,812
      10,372
      46,917
      114,180
      1,099
      10,705
      27,177
      -325
       
       
      -17,116
      10,840
      -45,265
       
      26,883
      423
      -7,714
      9,796
      36,937
      91,314
      65,544
      4,804
      6,743
      3,715
      46,931
      32,557
      -17,246
       
      82,725
      3,741
      44,436
      -5,589
      7,100
      25,813
      98,746
      82,865
      -1,378
      41,206
      -2,394
      -13,510
       
       
      -6,850
       
       
       
       
       
       
       
      38,951
      337,633
      14,131
      53,915
      24,229
      11,853
      48,295
      140,602
      18,651
      29,599
      30,219
       
      35,352
      23,394
      142,601
      33,587
      26,688
      22,289
      144,568
      1,874
       
      1,906
      77,331
      140,166
      10,556
       
      28,601
      18,944
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 2,702,437
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 3 487,609
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 40,617
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  
3 Add lines 1 and 2........................... 3 40,617
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 40,617
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a  
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7  
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 894
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 41,511
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNV
    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 ofbulletSTERLING REALTY INC Telephone no.bullet (702) 642-1177

    Located atbullet8535 EDNA AVENUE 120LAS VEGASNV ZIP+4bullet89117
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    JUDITH L SARGENT President
    5.00     		0    
    8535 EDNA AVENUE 120
    LAS VEGAS,NV89117
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    SWECKER MOLONEY & MOIR LLC TAX PREPARATION 3,500
    2451 S BUFFALO DRIVE 105
    LAS VEGAS,NV89117
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    22,743,223
    b
    Average of monthly cash balances.......................
    1b
    298,418
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    23,041,641
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
    23,041,641
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    345,625
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    22,696,016
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,134,801
    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
    1,134,801
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    40,617
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    40,617
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,094,184
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,094,184
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    1,094,184
    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
    996,000
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    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
    996,000
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    996,000
    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 1,094,184
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 218,332
    b Total for prior years:20, 20, 20  
    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........  
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 996,000
    a Applied to 2019, but not more than line 2a 218,332
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 777,668
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2020.    
    (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  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    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......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		316,516
    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) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		 
    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....  
    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
    UNIVERSITY OF MICHIGAN
    3003 S STATE STREET STE 9000
    ANN ARBOR,MI48109     		NONE   BIPOLAR RESEARCH/EDUCATION 996,000
    Total .................................bullet 3a 996,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 160,580  
    4 Dividends and interest from securities....     14 235,202  
    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 2,702,437  
    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)..   3,098,219  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    3,098,219
    (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: 20011551
    Software Version: 2020v4.0


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 LegalFeesSchedule
    Name:
    THE RICHARD TAM FOUNDATION
    EIN:
    88-0241216
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 9,641 9,641 0 0


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    THE RICHARD TAM FOUNDATION
    EIN:
    88-0241216
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 166,465 166,465 0 0


    TY 2020 TaxesSchedule
    Name:
    THE RICHARD TAM FOUNDATION
    EIN:
    88-0241216
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 4,421