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
RICHARD LOUNSBERY FNDTN INC TR XXXXX8002
 
Number and street (or P.O. box number if mail is not delivered to street address)10 S DEARBORN IL1-0111
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL60603
A Employer identification number

13-6786430
B Telephone number (see instructions)

(800) 496-2583
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$52,692,094J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,150,830 1,144,376  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,104,837
b Gross sales price for all assets on line 6a 13,495,830
7 Capital gain net income (from Part IV, line 2)... 2,104,837
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 397 397  
12 Total. Add lines 1 through 11........ 3,256,064 3,249,610  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 302,380 170,342   132,037
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 48,709 20,109   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 750     750
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 351,839 190,451 0 132,787
25 Contributions, gifts, grants paid....... 1,920,000 1,920,000
26 Total expenses and disbursements. Add lines 24 and 25 2,271,839 190,451 0 2,052,787
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 984,225
b Net investment income (if negative, enter -0-) 3,059,159
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 524,355 521,494 521,494
2 Savings and temporary cash investments......... 426,108 551,420 551,420
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 24,257,221 Click to see attachment24,067,863 33,669,505
c Investments—corporate bonds (attach schedule)....... 15,741,074 Click to see attachment16,790,769 17,949,675
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........     0
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) 40,948,758 41,931,546 52,692,094
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........ 40,948,758 41,931,546
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 40,948,758 41,931,546
30 Total liabilities and net assets/fund balances (see instructions). 40,948,758 41,931,546
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
40,948,758
2
Enter amount from Part I, line 27a .....................
2
984,225
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
22,739
4
Add lines 1, 2, and 3 ..........................
4
41,955,722
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
24,176
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
41,931,546
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 1. CORTEVA INC   2018-04-09 2020-01-13
b 66. CORTEVA INC     2020-01-13
c 53. CORTEVA INC     2020-01-13
d 63. CORTEVA INC     2020-01-14
e 48.172 CORTEVA INC     2020-01-14
18.828 CORTEVA INC   2017-02-22 2020-01-14
23. CORTEVA INC   2019-06-27 2020-01-14
19. CORTEVA INC   2019-06-27 2020-01-14
7. CORTEVA INC   2019-06-27 2020-01-14
80. CORTEVA INC     2020-01-15
93. CORTEVA INC     2020-01-15
39. CORTEVA INC   2019-06-28 2020-01-15
8. CORTEVA INC   2019-06-28 2020-01-15
44.098 CORTEVA INC   2019-06-28 2020-01-15
3.902 CORTEVA INC   2016-08-10 2020-01-15
57. CORTEVA INC     2020-01-15
3. CORTEVA INC   2015-07-15 2020-01-15
49494.237 JPM EQ INC FD - USD - R6 ISIN US46636U8760 SEDOL B56Q2F5   2011-08-18 2020-01-15
31867.062 JPM GL RES ENH IDX FD - USD - R6 ISIN US48129C2070   2014-12-18 2020-01-15
24. CORTEVA INC   2015-07-15 2020-01-16
20. CORTEVA INC   2015-07-15 2020-01-16
3. CORTEVA INC   2015-07-15 2020-01-16
4. CORTEVA INC   2015-07-15 2020-01-16
193. QUALCOMM INC   2019-05-01 2020-01-23
3. QUALCOMM INC   2019-05-01 2020-01-23
98. EOG RESOURCES INC     2020-01-28
15. EOG RESOURCES INC     2020-01-28
8. EOG RESOURCES INC   2016-05-25 2020-01-29
9. EOG RESOURCES INC   2016-05-25 2020-01-29
6. EOG RESOURCES INC     2020-01-29
72. EOG RESOURCES INC     2020-01-29
71. EOG RESOURCES INC     2020-01-29
71. EOG RESOURCES INC     2020-01-29
94. EOG RESOURCES INC   2016-03-07 2020-01-30
24. EOG RESOURCES INC   2016-03-07 2020-01-30
18131.726 EDGEWOOD GROWTH FUND     2020-02-07
15792. JPMORGAN BETABUILDERS JAPAN ETF   2020-01-15 2020-02-07
62. ELECTRONIC ARTS   2018-09-20 2020-02-25
87. ELECTRONIC ARTS     2020-02-25
21. ACCENTURE PLC   2014-04-22 2020-02-25
100. ACCENTURE PLC     2020-02-26
251. DISNEY WALT CO     2020-03-04
577. WELLS FARGO & CO NEW   2009-03-13 2020-03-04
42051.01 ISHARES-MSCI EAFE INTL-K   2017-07-24 2020-03-06
3500. ISHARES BARCLAYS TIPS BOND FUND   2018-09-12 2020-03-06
43587.992 SIX CIRCLES INTL UNCON EQ   2020-02-07 2020-03-06
16. ALEXION PHARMACEUTICALS INC   2019-03-14 2020-03-11
3. ALEXION PHARMACEUTICALS INC   2019-03-14 2020-03-11
2. ALEXION PHARMACEUTICALS INC   2019-03-14 2020-03-11
11. DUPONT DE NEMOURS INC-W/D   2018-04-09 2020-03-11
305.73 DUPONT DE NEMOURS INC-W/D     2020-03-11
72.27 DUPONT DE NEMOURS INC-W/D   2019-04-08 2020-03-11
32. ALEXION PHARMACEUTICALS INC   2019-03-14 2020-03-12
19. ALEXION PHARMACEUTICALS INC   2019-03-14 2020-03-12
45. ALEXION PHARMACEUTICALS INC   2019-03-14 2020-03-13
39933.106 ISHARES-MSCI EAFE INTL-K   2017-07-24 2020-03-17
4503.529 FIDELITY 500 INDEX-INST PRM     2020-03-17
5084. ISHARES TR 7-10 YR TREAS INDEX FD   2019-02-13 2020-03-27
4196. ISHARES TR 7-10 YR TREAS INDEX FD   2019-09-25 2020-03-27
147. UNITED TECHNOLOGIES CORP     2020-03-31
154. COMCAST CORP NEW CL A   2019-05-14 2020-04-16
91. COMCAST CORP NEW CL A   2019-05-14 2020-04-16
180. COMCAST CORP NEW CL A   2019-03-14 2020-04-16
3. COMCAST CORP NEW CL A   2019-03-14 2020-04-16
186. COMCAST CORP NEW CL A     2020-04-16
26. COMCAST CORP NEW CL A   2019-01-29 2020-04-16
38. ROSS STORES INC   2018-12-11 2020-04-16
47. ROSS STORES INC   2018-12-11 2020-04-16
48. ROSS STORES INC   2018-12-11 2020-04-16
158. ROSS STORES INC     2020-04-16
99.178 FIDELITY 500 INDEX-INST PRM   2018-07-09 2020-04-24
4333.97 FIDELITY 500 INDEX-INST PRM   2020-03-06 2020-04-24
786. MARATHON PETROLEUM CORPORATION     2020-04-27
98. ADOBE SYS INC   2012-08-03 2020-05-04
16. ADOBE SYS INC   2012-08-03 2020-05-04
23988.766 DOUBLELINE TTL RTRN BND-I     2020-05-06
42087.713 DOUBLELINE TTL RTRN BND-I     2020-06-05
260. BERKSHIRE HATHAWAY INC DEL CL B     2020-06-24
89126.914 JPM GL RES ENH IDX FD - USD - R6 ISIN US48129C2070     2020-06-25
500. KEYCORP NEW     2020-06-30
58. KEYCORP NEW   2018-10-19 2020-06-30
372. PFIZER INC     2020-06-30
128. KEYCORP NEW     2020-07-01
38. KEYCORP NEW     2020-07-01
223. KEYCORP NEW     2020-07-01
2. KEYCORP NEW   2016-03-01 2020-07-01
98. KEYCORP NEW   2016-03-01 2020-07-01
7. KEYCORP NEW   2016-03-01 2020-07-01
91. KEYCORP NEW   2016-03-01 2020-07-01
186. KEYCORP NEW   2016-03-01 2020-07-02
6. KEYCORP NEW   2016-03-01 2020-07-02
194. KEYCORP NEW     2020-07-02
10. KEYCORP NEW   2016-02-29 2020-07-02
1086. PFIZER INC     2020-07-10
54. PFIZER INC   2016-11-09 2020-07-10
132. GENERAL DYNAMICS CORP     2020-08-04
35. GENERAL DYNAMICS CORP     2020-08-04
18. GENERAL DYNAMICS CORP     2020-08-04
138. PHILIP MORRIS INTERNATIONAL     2020-08-04
55. PHILIP MORRIS INTERNATIONAL     2020-08-04
13. PHILIP MORRIS INTERNATIONAL   2018-10-24 2020-08-04
189. AUTOMATIC DATA PROCESSING INC     2020-09-30
35. AUTOMATIC DATA PROCESSING INC   2020-05-04 2020-09-30
13. AUTOMATIC DATA PROCESSING INC   2018-10-19 2020-09-30
8. AUTOMATIC DATA PROCESSING INC   2020-05-04 2020-09-30
15. AUTOMATIC DATA PROCESSING INC   2018-10-23 2020-09-30
27. AUTOMATIC DATA PROCESSING INC   2020-05-04 2020-09-30
88. INTERCONTINENTALEXCHANGE GROUP, INC     2020-09-30
35. INTERCONTINENTALEXCHANGE GROUP, INC     2020-09-30
50. INTERCONTINENTALEXCHANGE GROUP, INC     2020-09-30
23. ALLEGION PLC     2020-09-30
25. ALLEGION PLC     2020-09-30
32. ALLEGION PLC     2020-09-30
20. ALLEGION PLC     2020-10-01
33. ALLEGION PLC     2020-10-01
10. ALLEGION PLC     2020-10-01
7. ALLEGION PLC     2020-10-01
5. ALLEGION PLC   2015-10-27 2020-10-01
2. ALLEGION PLC   2015-10-27 2020-10-02
72. ALLEGION PLC     2020-10-02
90. DIAMONDBACK ENERGY INC     2020-10-05
211. DIAMONDBACK ENERGY INC     2020-10-05
60. DIAMONDBACK ENERGY INC   2020-01-28 2020-10-06
20. DIAMONDBACK ENERGY INC   2020-01-28 2020-10-06
47. DIAMONDBACK ENERGY INC     2020-10-06
231. APPLE COMPUTER INC   2006-04-07 2020-10-13
. WELLS FARGO & CO NEW     2020-10-13
10127.155 EDGEWOOD GROWTH FUND   2011-01-11 2020-10-21
3374. ISHARES TR 7-10 YR TREAS INDEX FD   2019-02-13 2020-10-21
21116. JPMORGAN BETABUILDERS EUROPE ETF   2020-01-15 2020-10-21
34109.231 WELLS FARGO CORE BOND-R6     2020-10-21
69788.069 WELLS FARGO CORE BOND-R6   2016-04-20 2020-10-28
76. PAYPAL HOLDINGS INC     2020-11-02
206. VISA INC CLASS A SHARES     2020-11-02
17. VISA INC CLASS A SHARES   2015-12-11 2020-11-02
58. SALESFORCE.COM INC   2020-05-04 2020-11-03
2. SALESFORCE.COM INC   2020-05-04 2020-11-03
6. SALESFORCE.COM INC   2020-05-04 2020-11-03
2. SALESFORCE.COM INC   2020-05-04 2020-11-03
23. SALESFORCE.COM INC   2018-10-08 2020-11-03
1. SALESFORCE.COM INC   2020-05-04 2020-11-03
9. SALESFORCE.COM INC   2018-10-08 2020-11-03
9. SALESFORCE.COM INC   2018-10-08 2020-11-04
13. SALESFORCE.COM INC   2018-10-08 2020-11-04
44. BROADCOM INC     2020-11-06
8. BROADCOM INC   2013-05-17 2020-11-06
61. BROADCOM INC     2020-11-06
108. BROADCOM INC     2020-11-09
. PFIZER INC     2020-11-19
102. HOME DEPOT INC     2020-11-24
24. PROCTER & GAMBLE CO   2019-06-05 2020-11-24
60. PROCTER & GAMBLE CO   2020-08-04 2020-11-24
. AMGEN INC     2020-12-01
138. ELECTRONIC ARTS     2020-12-03
74. ELECTRONIC ARTS     2020-12-04
28. CHARTER COMMUNICATIONS INC-A   2020-04-16 2020-12-15
20015. JPMORGAN BETABUILDERS EUROPE ETF     2020-12-15
103. SALESFORCE.COM INC     2020-12-15
83. NVIDIA CORP     2020-12-17
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(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 28   33 -5
b 1,872   2,176 -304
c 1,513   1,717 -204
d 1,802   2,031 -229
e 1,380   1,432 -52
539   606 -67
658   684 -26
542   565 -23
199   208 -9
2,297   2,372 -75
2,665   2,753 -88
1,118   1,151 -33
228   236 -8
1,265   1,301 -36
112   108 4
1,627   1,570 57
86   81 5
969,097   413,772 555,325
691,834   594,321 97,513
692   648 44
576   540 36
87   81 6
116   108 8
17,734   16,694 1,040
276   259 17
7,553   8,114 -561
1,157   1,241 -84
615   662 -47
691   745 -54
461   496 -35
5,433   5,906 -473
5,443   5,755 -312
5,371   5,539 -168
6,987   6,799 188
1,803   1,736 67
731,071   242,897 488,174
388,789   390,339 -1,550
6,570   7,062 -492
9,173   9,827 -654
4,153   1,674 2,479
19,765   7,918 11,847
29,669   23,281 6,388
23,498   7,803 15,695
521,012   569,763 -48,751
428,515   388,964 39,551
373,549   414,522 -40,973
1,339   2,155 -816
251   404 -153
167   269 -102
401   1,044 -643
11,302   26,752 -15,450
2,672   6,131 -3,459
2,537   4,310 -1,773
1,455   2,559 -1,104
3,590   6,061 -2,471
396,536   541,067 -144,531
396,536   491,374 -94,838
614,268   529,104 85,164
506,976   469,941 37,035
13,898   17,952 -4,054
5,734   6,622 -888
3,385   3,913 -528
6,696   7,170 -474
113   120 -7
6,931   7,361 -430
973   939 34
3,331   3,064 267
4,118   3,789 329
4,210   3,870 340
13,819   12,623 1,196
9,759   9,652 107
426,463   448,219 -21,756
20,621   55,513 -34,892
34,151   3,131 31,020
5,576   511 5,065
252,842   261,854 -9,012
446,551   447,431 -880
46,257   47,691 -1,434
1,766,495   1,629,142 137,353
6,084   9,635 -3,551
705   1,036 -331
12,045   14,174 -2,129
1,534   1,687 -153
462   418 44
2,605   2,427 178
24   21 3
1,138   1,046 92
82   75 7
1,063   971 92
2,255   1,986 269
71   64 7
2,275   2,059 216
119   106 13
36,616   36,285 331
1,816   1,741 75
19,434   21,291 -1,857
5,162   5,305 -143
2,648   2,716 -68
10,615   12,621 -2,006
4,254   4,899 -645
1,002   1,150 -148
26,260   28,208 -1,948
4,863   5,005 -142
1,806   1,864 -58
1,116   1,144 -28
2,092   2,127 -35
3,766   3,861 -95
8,803   5,116 3,687
3,479   2,033 1,446
4,989   2,888 2,101
2,278   1,517 761
2,468   1,646 822
3,178   2,098 1,080
2,014   1,306 708
3,268   2,143 1,125
987   646 341
705   451 254
498   321 177
193   128 65
7,089   4,611 2,478
2,777   7,142 -4,365
6,511   21,899 -15,388
1,915   4,755 -2,840
621   1,585 -964
1,502   3,720 -2,218
28,468   571 27,897
113     113
513,042   116,969 396,073
406,982   351,140 55,842
488,613   541,150 -52,537
476,847   443,130 33,717
977,731   903,758 73,973
14,133   9,198 4,935
38,139   15,792 22,347
3,154   1,297 1,857
13,770   9,318 4,452
478   321 157
1,425   964 461
472   321 151
5,485   3,481 2,004
238   161 77
2,135   1,362 773
2,252   1,362 890
3,191   1,968 1,223
16,775   1,603 15,172
3,064   276 2,788
23,216   2,103 21,113
41,803   3,681 38,122
87     87
27,867   4,447 23,420
3,319   2,562 757
8,297   8,009 288
11     11
17,727   11,812 5,915
9,449   6,266 3,183
18,137   14,174 3,963
522,380   469,986 52,394
22,618   15,577 7,041
44,229   22,079 22,150
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
      275,422
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -5
b       -304
c       -204
d       -229
e       -52
      -67
      -26
      -23
      -9
      -75
      -88
      -33
      -8
      -36
      4
      57
      5
      555,325
      97,513
      44
      36
      6
      8
      1,040
      17
      -561
      -84
      -47
      -54
      -35
      -473
      -312
      -168
      188
      67
      488,174
      -1,550
      -492
      -654
      2,479
      11,847
      6,388
      15,695
      -48,751
      39,551
      -40,973
      -816
      -153
      -102
      -643
      -15,450
      -3,459
      -1,773
      -1,104
      -2,471
      -144,531
      -94,838
      85,164
      37,035
      -4,054
      -888
      -528
      -474
      -7
      -430
      34
      267
      329
      340
      1,196
      107
      -21,756
      -34,892
      31,020
      5,065
      -9,012
      -880
      -1,434
      137,353
      -3,551
      -331
      -2,129
      -153
      44
      178
      3
      92
      7
      92
      269
      7
      216
      13
      331
      75
      -1,857
      -143
      -68
      -2,006
      -645
      -148
      -1,948
      -142
      -58
      -28
      -35
      -95
      3,687
      1,446
      2,101
      761
      822
      1,080
      708
      1,125
      341
      254
      177
      65
      2,478
      -4,365
      -15,388
      -2,840
      -964
      -2,218
      27,897
      113
      396,073
      55,842
      -52,537
      33,717
      73,973
      4,935
      22,347
      1,857
      4,452
      157
      461
      151
      2,004
      77
      773
      890
      1,223
      15,172
      2,788
      21,113
      38,122
      87
      23,420
      757
      288
      11
      5,915
      3,183
      3,963
      52,394
      7,041
      22,150
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2,104,837
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 42,522
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 42,522
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 42,522
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 27,435
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 36,480
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 63,915
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 21,393
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet21,393 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNY
    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 addressbullet  
    14
    The books are in care ofbulletJP MORGAN CHASE BANK N A Telephone no.bullet (800) 496-2583

    Located atbullet10 S DEARBORN ST MC IL 1-0111CHICAGOIL ZIP+4bullet60603
    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
     
    No
    .........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). Click to see attachment
    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
    JP MORGAN CHASE BANK NA TRUSTEE
    20     		231,964    
    10 S DEARBORN ST MC IL 1-0111
    CHICAGO,IL60603
    RICHARD H PERSHAN CO-TRUSTEE
    20     		70,416    
    270 PARK AVENUE
    NEW YORK,NY10017
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    46,891,494
    b
    Average of monthly cash balances.......................
    1b
    644,564
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    47,536,058
    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
    47,536,058
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    713,041
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    46,823,017
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    2,341,151
    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
    2,341,151
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    42,522
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    42,522
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,298,629
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    2,298,629
    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
    2,298,629
    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
    2,052,787
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    2,052,787
    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
    2,052,787
    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 2,298,629
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 2,084,439
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 0
    b From 2016...... 0
    c From 2017...... 0
    d From 2018...... 0
    e From 2019...... 0
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 2,052,787
    a Applied to 2019, but not more than line 2a 2,052,787
    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..... 0
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		31,652
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		2,298,629
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2016.... 0
    b Excess from 2017.... 0
    c Excess from 2018.... 0
    d Excess from 2019.... 0
    e Excess from 2020.... 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    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
    RICHARD LOUNSBERY FOUNDATION
    601 13TH STREET NW
    WASHINGTON,DC20005     		NONE PF GENERAL 1,920,000
    Total .................................bullet 3a 1,920,000
    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 ...........     		         
    4 Dividends and interest from securities....     14 1,150,830  
    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 2,104,837  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aOTHER INCOME     		    15 397  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   3,256,064  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    3,256,064
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

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

    TY 2020 ExpenditureResponsibilityStmt
    Name:
    RICHARD LOUNSBERY FNDTN INC TR XXXXX8002
    EIN:
    13-6786430
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    RICHARD LOUNSBERY FOUNDATION INC
          		601 13TH STREET SUITE 1030N
    WASHINGTON,DC20005     		2020-11-20 1,920,000 GENERAL SUPPORT OF THE CHARITABLE ACTIVITIES OF THE RICHARD LOUNSBERY FOUNDATION INC 1,920,000 NONE 5/11/2021    

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    RICHARD LOUNSBERY FNDTN INC TR XXXXX8002
    EIN:
    13-6786430
    Name of Bond End of Year Book Value End of Year Fair Market Value
    258620103 DOUBLELINE TTL RTRN    
    74440B884 PGIM TOTAL RETURN BO 1,097,388 1,183,997
    92203J308 VANGUARD TTL INTL BN 4,213,741 4,473,980
    94987W794 WELLS FARGO CORE BON 3,610,132 3,804,157
    464287176 ISHARES TIPS BOND ET    
    722005816 PIMCO INV GRD CRD BN 690,499 776,148
    09260B614 BLCKRCK HI YLD BND P 1,434,433 1,686,381
    72201F490 PIMCO INCOME FUND-IN 400,000 408,432
    83002G108 SIX CIRCLES ULTR SHR 460,000 460,919
    464287432 ISHARES 20+ YEAR TRE 925,246 976,664
    464287440 ISHARES 7-10 YEAR TR    
    921937603 VANGUARD TOT BD MKT 2,094,207 2,210,499
    4812C0126 JPM HIGH YIELD FD - 887,209 991,668
    92206C771 VANGUARD MORTGAGE-BA 977,913 976,829
    CHISHOLM OIL AND GAS OPERATING 1 1

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    RICHARD LOUNSBERY FNDTN INC TR XXXXX8002
    EIN:
    13-6786430
    Name of Stock End of Year Book Value End of Year Fair Market Value
    101137107 BOSTON SCIENTIFIC CO 23,219 39,833
    110122108 BRISTOL-MYERS SQUIBB 45,456 49,810
    172967424 CITIGROUP INC 34,584 57,036
    254687106 WALT DISNEY CO/THE    
    369550108 GENERAL DYNAMICS COR    
    437076102 HOME DEPOT INC 5,473 43,030
    438516106 HONEYWELL INTERNATIO 17,560 92,312
    493267108 KEYCORP    
    532457108 ELI LILLY & CO 41,998 77,666
    548661107 LOWE'S COS INC 16,078 67,093
    594918104 MICROSOFT CORP 3,573 309,164
    609207105 MONDELEZ INTERNATION 18,836 43,385
    617446448 MORGAN STANLEY 27,411 86,279
    666807102 NORTHROP GRUMMAN COR 71,207 76,180
    713448108 PEPSICO INC 39,239 60,506
    717081103 PFIZER INC    
    723787107 PIONEER NATURAL RESO 39,639 39,634
    742718109 PROCTER & GAMBLE CO/ 33,835 44,107
    854502101 STANLEY BLACK & DECK 30,353 51,604
    882508104 TEXAS INSTRUMENTS IN 46,820 98,970
    907818108 UNION PACIFIC CORP 33,227 66,630
    949746101 WELLS FARGO & CO 32,622 33,168
    988498101 YUM] BRANDS INC 44,683 53,846
    00724F101 ADOBE INC.    
    0075W0759 EDGEWOOD GROWTH FUND 344,621 1,544,678
    02079K107 ALPHABET INC-CL C 44,567 164,677
    02079K305 ALPHABET INC-CL A 14,956 70,106
    09062X103 BIOGEN INC 14,884 12,243
    09253F879 ISHARES-MSCI EAFE IN 1,297,789 1,564,449
    16119P108 CHARTER COMMUNICATIO 34,596 91,294
    20030N101 COMCAST CORP-CLASS A 17,124 46,374
    26875P101 EOG RESOURCES INC    
    30303M102 FACEBOOK INC-CLASS A 42,885 89,870
    31620M106 FIDELITY NATIONAL IN 26,602 49,935
    57636Q104 MASTERCARD INC - A 5,674 108,510
    58933Y105 MERCK & CO. INC. 42,687 50,798
    65339F101 NEXTERA ENERGY INC 59,182 94,740
    67103H107 O'REILLY AUTOMOTIVE 31,815 45,710
    91324P102 UNITEDHEALTH GROUP I 16,420 134,310
    92532F100 VERTEX PHARMACEUTICA 3,083 26,706
    92826C839 VISA INC-CLASS A SHA    
    94106B101 WASTE CONNECTIONS IN 13,168 27,284
    96208T104 WEX INC 28,781 50,679
    G0176J109 ALLEGION PLC    
    G1151C101 ACCENTURE PLC-CL A    
    H1467J104 CHUBB LTD 13,902 44,791
    023135106 AMAZON.COM INC 71,675 293,124
    032654105 ANALOG DEVICES INC 65,680 70,763
    037833100 APPLE INC 5,283 283,559
    060505104 BANK OF AMERICA CORP 12,167 54,346
    084670702 BERKSHIRE HATHAWAY I    
    25278X109 DIAMONDBACK ENERGY I    
    45866F104 INTERCONTINENTAL EXC    
    46636U876 JPM EQ INC FD - USD    
    48129C207 JPM GL RES ENH IDX F    
    655844108 NORFOLK SOUTHERN COR 50,388 80,787
    67066G104 NVIDIA CORP 18,406 49,609
    718172109 PHILIP MORRIS INTERN    
    913017109 UNITED TECHNOLOGIES    
    98956P102 ZIMMER BIOMET HOLDIN 54,296 73,501
    025816109 AMERICAN EXPRESS CO 55,448 58,158
    053015103 AUTOMATIC DATA PROCE    
    191216100 COCA-COLA CO/THE 35,579 43,159
    285512109 ELECTRONIC ARTS INC    
    315911750 FIDELITY 500 INDEX-I 9,610,434 13,171,521
    778296103 ROSS STORES INC    
    11135F101 BROADCOM INC    
    46641Q696 JPMORGAN BETABUILDER 996,223 1,105,879
    46641Q712 JPMORGAN BETABUILDER 1,384,474 1,645,140
    56585A102 MARATHON PETROLEUM C    
    64110L106 NETFLIX INC 33,452 49,206
    70450Y103 PAYPAL HOLDINGS INC 58,112 141,691
    79466L302 SALESFORCE.COM INC 26,221 45,174
    83002G306 SIX CIRCLES US UNCON 3,539,429 4,843,807
    83002G405 SIX CIRCLES INTL UNC 2,440,773 2,620,201
    G5494J103 LINDE PLC 69,854 106,458
    00287Y109 ABBVIE INC 55,856 76,827
    015351109 ALEXION PHARMACEUTIC    
    22052L104 CORTEVA INC    
    26614N102 DUPONT DE NEMOURS IN    
    337738108 FISERV INC 66,276 84,029
    580135101 MCDONALD'S CORP 25,742 27,466
    747525103 QUALCOMM INC    
    N6596X109 NXP SEMICONDUCTORS N 68,056 94,770
    007903107 ADVANCED MICRO DEVIC 40,351 43,195
    031100100 AMETEK INC 31,002 37,491
    09857L108 BOOKING HOLDINGS INC 56,145 73,500
    461202103 INTUIT INC 35,992 48,621
    46434G103 ISHARES CORE MSCI EM 990,049 1,112,749
    46641Q688 JPM BTABLDRS DEV ASI 525,303 560,115
    46641Q720 JPMORGAN BETABUILDER 737,656 866,009
    512807108 LAM RESEARCH CORP 48,816 56,672
    518439104 ESTEE LAUDER COMPANI 22,306 24,489
    693506107 PPG INDUSTRIES INC 42,053 44,708
    75513E101 RAYTHEON TECHNOLOGIE 46,520 44,980
    883556102 THERMO FISHER SCIENT 58,396 79,183
    N07059210 ASML HOLDING NV-NY R 30,901 51,211

    TY 2020 OtherDecreasesSchedule
    Name:
    RICHARD LOUNSBERY FNDTN INC TR XXXXX8002
    EIN:
    13-6786430
    Description Amount
    TAX COST ADJUSTMENTS 760
    2020 TRANSACTIONS POSTED IN 2021 23,416


    TY 2020 OtherExpensesSchedule
    Name:
    RICHARD LOUNSBERY FNDTN INC TR XXXXX8002
    EIN:
    13-6786430
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ATTORNEY GENERAL FEE 750 0   750


    TY 2020 OtherIncomeSchedule2
    Name:
    RICHARD LOUNSBERY FNDTN INC TR XXXXX8002
    EIN:
    13-6786430
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INCOME 397 397  


    TY 2020 OtherIncreasesSchedule
    Name:
    RICHARD LOUNSBERY FNDTN INC TR XXXXX8002
    EIN:
    13-6786430
    Description Amount
    2019 TRANSACTIONS POSTED IN 2020 22,739


    TY 2020 TaxesSchedule
    Name:
    RICHARD LOUNSBERY FNDTN INC TR XXXXX8002
    EIN:
    13-6786430
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 222 222   0
    FEDERAL TAX PAYMENT - PRIOR YE 28,600 0   0
    FOREIGN TAXES ON QUALIFIED FOR 18,055 18,055   0
    FOREIGN TAXES ON NONQUALIFIED 1,832 1,832   0