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
SCAN DESIGN FOUNDATION
BY INGER & JENS BRUUN
Number and street (or P.O. box number if mail is not delivered to street address)1001 FOURTH AVENUE NO 4400
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SEATTLE, WA98154
A Employer identification number

68-0537904
B Telephone number (see instructions)

(206) 892-2092
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$37,479,206J Accounting method:
hybrid
(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... 546,604 546,604  
5a Gross rents............ 16,976 16,976  
b Net rental income or (loss) -266,076
6a Net gain or (loss) from sale of assets not on line 10 -89,561
b Gross sales price for all assets on line 6a 23,537,176
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 10,641 0  
12 Total. Add lines 1 through 11........ 484,660 563,580  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 460,224 92,045   368,179
14 Other employee salaries and wages...... 168,742 33,748   134,994
15 Pension plans, employee benefits....... 51,915 10,383   41,532
16a Legal fees (attach schedule)......... Click to see attachment 9,311 4,655   4,656
b Accounting fees (attach schedule)....... Click to see attachment 10,444 5,222   5,222
c Other professional fees (attach schedule).... Click to see attachment 192,626 130,885   61,741
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 177,956 86,242   28,694
19 Depreciation (attach schedule) and depletion... Click to see attachment 104,341 104,341  
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 142,652 99,642   43,010
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,318,211 567,163   688,028
25 Contributions, gifts, grants paid....... 1,219,913 1,219,913
26 Total expenses and disbursements. Add lines 24 and 25 2,538,124 567,163   1,907,941
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -2,053,464
b Net investment income (if negative, enter -0-) 0
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 590,041 217,871 217,871
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 27,249,840 Click to see attachment26,001,335 26,001,335
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet5,310,018
Less: accumulated depreciation (attach schedule) bullet1,962,200 3,452,159 Click to see attachment3,347,818 7,660,000
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,263,962 Click to see attachment2,616,518 3,600,000
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) 33,556,002 32,183,542 37,479,206
Liabilities 17 Accounts payable and accrued expenses.......... 992 8,798
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment0 Click to see attachment10,000
23 Total liabilities (add lines 17 through 22)......... 992 18,798
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........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 33,555,010 32,164,744
29 Total net assets or fund balances (see instructions)..... 33,555,010 32,164,744
30 Total liabilities and net assets/fund balances (see instructions). 33,556,002 32,183,542
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
33,555,010
2
Enter amount from Part I, line 27a .....................
2
-2,053,464
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
2,211,493
4
Add lines 1, 2, and 3 ..........................
4
33,713,039
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
1,548,295
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
32,164,744
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 1914 SH FVD P 2019-12-26 2020-01-24
b 68901 SH FVD P   2020-07-02
c 7193 SH LMBS P 2020-03-03 2020-06-18
d 10326 SH LMBS P   2020-07-01
e 1900 SH LMBS P 2019-12-26 2020-10-26
5282 SH LMBS P   2020-12-01
1087 SH LMBS P 2020-09-01 2020-12-07
1262 SH IVV P 2019-12-26 2020-01-24
1846 SH IVV P 2019-12-26 2020-06-18
915 SH IVV P 2019-12-26 2020-06-30
11 SH IVV P 2020-07-01 2020-07-02
155 SH IVV P 2020-10-01 2020-11-09
2127 SH IVV P   2020-12-16
7450 SH EEM P 2020-08-03 2020-10-01
1734 SH EFG P 2019-12-26 2020-05-13
2441 SH EFG P 2019-12-26 2020-06-18
10052 SH EFG P   2020-10-01
19679 SH GOVT P 2020-06-18 2020-09-01
2289 SH MTUM P 2019-12-26 2020-01-24
5371 SH IUSB P 2019-12-26 2020-01-24
20751 SH IUSB P   2020-06-18
3958 SH IUSB P   2020-07-01
360 SH IUSB P 2019-12-26 2020-12-07
23686 SH SMMV P   2020-06-18
28723 SH SMMV P 2020-07-02 2020-08-03
7480 SH RODM P 2019-12-26 2020-06-18
33841 SH RODM P   2020-10-01
614.366 SH PBDPX P   2020-01-24
104470.226 SH PBDPX P   2020-06-18
351.778 SH PBDPX P 2020-06-30 2020-07-01
486.412 SH PBDPX P 2020-05-29 2020-07-01
369.079 SH PBDPX P   2020-08-25
5697.116 SH PBDPX P   2020-11-02
10329.430 SH PBDPX P   2020-12-01
18048.574 SH PBDPX P   2020-12-01
16048.068 SH PONPX P   2020-06-18
11206 SH SPTL P 2020-07-01 2020-09-01
4382 SH SCHM P 2019-12-26 2020-01-24
10350 SH SCHM P 2019-12-26 2020-07-02
2188 SH SCHM P 2019-12-26 2020-09-01
24875 SH EES P 2019-12-26 2020-03-03
17502.895 SH PBDPX P   2020-07-01
3335.910 SH PBDPX P   2020-12-01
26588.063 SH PONPX P 2018-05-15 2020-06-18
11587.923 SH PONPX P 2018-04-06 2020-06-18
81.375 SH FEUPX P 2019-12-19 2020-09-09
1829.826 SH PFORX P 2019-10-02 2020-09-09
664.918 SH VHGEX P 2019-12-17 2020-09-09
15630.374 SH VFIDX P   2020-03-23
38 SH VGIT P 2020-03-24 2020-09-09
60.248 SH FEUPX P 2018-09-11 2020-09-09
370 SH SCHX P 2012-04-11 2020-09-09
31 SH VIG P 2011-11-02 2020-09-09
89 SH VIG P 2011-11-02 2020-09-09
176.934 SH VHGEX P 2019-01-09 2020-09-09
36458.620 SH VFIDX P   2020-03-23
200 SH VV P 2012-10-10 2020-09-09
8438.936 SH JPM GLBL P   2020-01-22
8438.936 SH JPM GLBL P   2020-01-22
6553.808 SH JPM INCOME FD P   2020-04-27
6553.808 SH JPM INCOME FD P   2020-04-27
79723.102 SH JPM GLBL P   2020-06-29
1070 SH ISHARES MSCI P   2020-08-18
1.063 SH JPM INCOME FD P   2020-08-19
338.87 SH EFA (TD) P   2020-03-03
196.409 SPY (TD) P   2020-03-03
10431 EFA (TD) P   2020-03-03
10653 SPY (TD) P   2020-03-03
CAPITAL GAINS DIVIDENDS P    
(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 69,754   68,713 1,041
b 2,107,774   2,281,853 -174,079
c 371,619   378,371 -6,752
d 533,247   538,325 -5,078
e 97,924   97,984 -60
272,285   272,978 -693
55,936   56,191 -255
415,839   408,535 7,304
574,197   589,592 -15,395
280,819   296,204 -15,385
3,456   3,574 -118
55,949   52,419 3,530
786,739   707,659 79,080
330,957   324,888 6,069
131,625   149,956 -18,331
203,160   203,160 0
911,293   860,302 50,991
549,620   548,847 773
301,764   287,406 14,358
283,314   279,937 3,377
1,123,065   1,117,647 5,418
214,343   212,756 1,587
19,541   18,763 778
682,203   682,203 0
863,698   909,821 -46,123
189,202   189,202 0
880,546   923,998 -43,452
6,789   6,711 78
1,141,836   1,179,167 -37,331
3,852   3,975 -123
5,326   5,358 -32
4,095   4,095 0
62,701   62,870 -169
116,206   114,573 1,633
203,022   202,267 755
184,874   192,776 -7,902
523,989   523,521 468
265,905   263,831 2,074
547,712   547,712 0
126,792   126,792 0
777,572   955,944 -178,372
191,633   181,524 10,109
37,529   34,597 2,932
306,294   319,518 -13,224
133,469   138,967 -5,498
4,697   4,494 203
19,975   20,645 -670
22,095   20,945 1,150
148,950   158,101 -9,151
2,675   2,657 18
3,478   3,110 368
30,273   12,073 18,200
4,028   1,646 2,382
11,563   4,726 6,837
5,880   4,822 1,058
347,433   354,902 -7,469
31,676   13,084 18,592
185,858   158,970 26,888
1,402     1,402
65,407   65,644 -237
    29 -29
1,601,382   1,403,127 198,255
107,876   97,404 10,472
11   11 0
21,338   21,338 0
59,681   59,681 0
656,833   656,833 0
3,237,013   3,237,013 0
18,187     18,187
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       1,041
b       -174,079
c       -6,752
d       -5,078
e       -60
      -693
      -255
      7,304
      -15,395
      -15,385
      -118
      3,530
      79,080
      6,069
      -18,331
      0
      50,991
      773
      14,358
      3,377
      5,418
      1,587
      778
      0
      -46,123
      0
      -43,452
      78
      -37,331
      -123
      -32
      0
      -169
      1,633
      755
      -7,902
      468
      2,074
      0
      0
      -178,372
      10,109
      2,932
      -13,224
      -5,498
      203
      -670
      1,150
      -9,151
      18
      368
      18,200
      2,382
      6,837
      1,058
      -7,469
      18,592
      26,888
      1,402
      -237
      -29
      198,255
      10,472
      0
      0
      0
      0
      0
      18,187
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 -89,561
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 0
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 0
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 0
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 19,890
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 19,890
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 19,890
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet19,890 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletWA
    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 addressbulletSCANDESIGNFOUNDATION.ORG
    14
    The books are in care ofbulletFIDELMA MCGINN Telephone no.bullet (206) 892-2092

    Located atbullet1001 4TH AVENUE 4400SEATTLEWA ZIP+4bullet98154
    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
     
    No
    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
    MARK T SCHLECK PRESIDENT
    40.00     		256,583 12,829 0
    1001 - 4TH AVENUE SUITE 4400
    SEATTLE,WA98154
    FIDELMA MCGINN PRESIDENT
    40.00     		153,641 0 0
    1001 - 4TH AVENUE SUITE 4400
    SEATTLE,WA98154
    ROBERT THOMPSON SEC/TREAS/DIRECTOR
    2.00     		20,000 0 0
    1001 - 4TH AVENUE SUITE 4400
    SEATTLE,WA98154
    ROB HARRIS DIRECTOR
    1.00     		15,000 0 0
    1001 - 4TH AVENUE SUITE 4400
    SEATTLE,WA98154
    BODIL STEVNS DIRECTOR
    1.00     		15,000 0 0
    1001 - 4TH AVENUE SUITE 4400
    SEATTLE,WA98154
    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
    MARY DELORME SPOUSE M SCHLECK-PRES OFF MGR/ACCT
    40.00     		168,742 8,437 0
    1001 - 4TH AVENUE SUITE 4400
    SEATTLE,WA98154
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    24,559,615
    b
    Average of monthly cash balances.......................
    1b
    123,605
    c
    Fair market value of all other assets (see instructions)................
    1c
    11,260,000
    d
    Total (add lines 1a, b, and c).........................
    1d
    35,943,220
    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
    35,943,220
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    539,148
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    35,404,072
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,770,204
    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
    1,770,204
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
     
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    0
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,770,204
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,770,204
    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
    1,770,204
    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
    1,907,941
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,907,941
    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
    1,907,941
    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 1,770,204
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 1,248,756
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 1,907,941
    a Applied to 2019, but not more than line 2a 1,248,756
    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..... 659,185
    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 .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		1,111,019
    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....  
    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
    AMERICAN FRIENDS OF THE STATEN MUSEUM FOR KUNST
    275 MADISON AVE 6TH FLOOR
    NEW YORK,NY10016     		NONE PC 2020 MATCHING GRANT 10,000
    NATIONAL FILM FESTIVAL FOR TALENTED YOUTH
    1319 DEXTER AVENUE N STE 250
    SEATTLE,WA98109     		NONE PC 2020 GRANT 4,400
    NATIONAL NORDIC MUSEUM
    3014 NW 67TH ST
    SEATTLE,WA98117     		NONE PC THOMAS DAMBO GRANT DEVELOPMENT AND DIRECTORS CHOICE GRANT 127,351
    NORDIC NORTHWEST FOUNDATION
    8800 SW OLESON ROAD
    PORTLAND,OR97223     		NONE PC 2021 PROGRAM SUPPORT 25,000
    SEATTLE SYMPHONY
    200 UNIVERSITY ST
    SEATTLE,WA98101     		NONE PC 2021-2022 SUPPORT 50,000
    UNIVERSITY OF OREGON FOUNDATION
    1720 E 13TH AVE 410
    EUGENE,OR974032253     		NONE PC 2021 BICYCLE INFRASTRUCTURE PROGRAM SUPPORT 57,433
    UNIVERSITY OF WASHINGTON FOUNDATION
    BOX 359504
    SEATTLE,WA98195     		NONE PC 2019 PERF DANISH STRING QUARTET 5,000
    UNIVERSITY OF WASHINGTON FOUNDATION
    BOX 359504
    SEATTLE,WA98195     		NONE PC FURNITURE STUDIO 66,000
    UNIVERSITY OF WASHINGTON FOUNDATION
    BOX 359504
    SEATTLE,WA98195     		NONE PC ARCH INTERN PROGRAM - SUPPLEMENTAL 11,655
    UNIVERSITY OF WASHINGTON FOUNDATION
    BOX 359504
    SEATTLE,WA98195     		NONE PC ARCH INTERN PROGRAM 50,820
    UNIVERSITY OF WASHINGTON FOUNDATION
    BOX 359504
    SEATTLE,WA98195     		NONE PC ARCHITECTURE PROGRAM 58,958
    UNIVERSITY OF WASHINGTON FOUNDATION
    BOX 359504
    SEATTLE,WA98195     		NONE PC GEHL INTERN PROGRAM 32,503
    UNIVERSITY OF WASHINGTON FOUNDATION
    BOX 359504
    SEATTLE,WA98195     		NONE PC TRAVEL STUDY PROGRAM 50,118
    UNIVERSITY OF WASHINGTON FOUNDATION
    BOX 359504
    SEATTLE,WA98195     		NONE PC EXPLORATION GREENLAND TRIP 73,250
    UNIVERSITY OF WISCONSIN FOUNDATION
    1848 UNIVERSITY AVE
    MADISON,WI53726     		NONE PC ETHELENE WITMIRE PROGRAM 36,500
    UNIVERSITY OF WISCONSIN FOUNDATION
    1848 UNIVERSITY AVE
    MADISON,WA53726     		NONE PC 2020-21 FELLOWSHIP PROGRAM 125,000
    UNIVERSITY OF WISCONSIN FOUNDATION
    1848 UNIVERSITY AVE
    MADISON,WI53726     		NONE PC 2021-22 FELLOWSHIP PROGRAM 115,000
    WEST DENMARK HERITAGE COUNCIL
    1407 14 1/2 AVE
    BARRON,WI54812     		NONE PC 2020 GRANT 3,000
    NORTHWEST DANISH ASSOCIATION
    1833 N 105TH ST STE 101
    SEATTLE,WA98133     		NONE PC 2021 PROGRAM SUPPORT 10,025
    ARTSFUND
    100 WEST HARRISON ST STE S150
    SEATTLE,WA98119     		NONE PC 2020 DIRECTORS CHOICE GRANT 25,100
    PHILANTHROPY NW
    2101 4TH AVE 650
    SEATTLE,WA98121     		NONE PC DIRECTORS CHOICE AWARD 25,000
    SEATTLE FOUNDATION
    1601 FIFTH AVE STE 1900
    SEATTLE,WA98101     		NONE PC DIRECTORS CHOICE GRANT 25,000
    NORDIC HERITAGE MUSEUM
    2655 NW MARKET ST
    SEATTLE,WA98107     		NONE PC 2021 PROGRAM SUPPORT 50,000
    UNIVERSITY OF WASHINGTON FOUNDATION
    BOX 359504
    SEATTLE,WA98195     		NONE PC ARCH INTERN PROGRAM 27,800
    UW DEPARTMENT OF ANESTHESIOLOGY
    BOX 356540
    SEATTLE,WA98195     		NONE PC PAIN RESEARCH GRANTS AND INTERN SUPPORT 155,000
    Total .................................bullet 3a 1,219,913
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 546,604  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......     34 -266,076  
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....     14    
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 -89,561  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aMISCELLANEOUS REFUNDS     		    01 10,641  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 201,608 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    201,608
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    SCAN DESIGN FOUNDATION
     
    BY INGER & JENS BRUUN
    EIN:
    68-0537904
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 10,444 5,222   5,222

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

    TY 2020 DepreciationSchedule
    Name:
    SCAN DESIGN FOUNDATION
     
    BY INGER & JENS BRUUN
    EIN:
    68-0537904
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    LYNNWOOD STORE BUILDING 2002-04-10 4,069,291 1,847,841 SL 39.000000000000 104,341 104,341    
    LYNNWOOD LAND 2002-04-10 1,230,709   L   0 0    

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    SCAN DESIGN FOUNDATION
     
    BY INGER & JENS BRUUN
    EIN:
    68-0537904
    Name of Stock End of Year Book Value End of Year Fair Market Value
    TD AMERITRADE #4818 $HYSL (11853 SH) 577,478 577,478
    TD AMERITRADE #4818 $LMBS (2672 SH) 137,528 137,528
    TD AMERITRADE #4818 $DFEB (29329 SH) 949,673 949,673
    TD AMERITRADE #4818 $IVV (1137 SH) 426,819 426,819
    TD AMERITRADE #4818 $AGG (318 SH) 37,585 37,585
    TD AMERITRADE #4818 $EEM (21731 SH) 1,122,841 1,122,841
    TD AMERITRADE #4818 $EFG (2652 SH) 267,613 267,613
    TD AMERITRADE #4818 $GOVT (9693 SH) 264,037 264,037
    TD AMERITRADE #4818 $MTUM (22152 SH) 3,572,896 3,572,896
    TD AMERITRADE #4818 $IUSB (12431 SH) 678,484 678,484
    TD AMERITRADE #4818 $SMMV (21283 SH) 721,281 721,281
    TD AMERITRADE #4818 $IAGG (4105 SH) 230,742 230,742
    TD AMERITRADE #4818 $RODM (9240 SH) 261,584 261,584
    TD AMERITRADE #4818 $SCHM (35035 SH) 2,388,686 2,388,686
    TD AMERITRADE #4818 $SPIB (6367 SH) 236,725 236,725
    TD AMERITRADE #4818 $SPTL (13335 SH) 601,809 601,809
    TD AMERITRADE #4818 $SPLG (15291 SH) 672,192 672,192
    TD AMERITRADE #4818 $PBDPX (60029 SH) 677,723 677,723
    TD AMERITRADE #4818 $PONPX (17922 SH) 217,033 217,033
    GREENE #3329 $SCHF (16261 SH) 585,559 585,559
    GREENE #3329 $SCHX (4453 SH) 405,000 405,000
    GREENE #3329 $SCHA (4514 SH) 401,746 401,746
    GREENE #3329 $VIG (2008 SH) 283,469 283,469
    GREENE #3329 $VGIT (15106 SH) 1,048,659 1,048,659
    GREENE #3329 $VV (2300 SH) 404,202 404,202
    GREENE #3329 $PFORX (42680 SH) 473,325 473,325
    GREENE #3329 $FEUPX (4552 SH) 315,706 315,706
    GREENE #3329 $DODFX (7173 SH) 313,453 313,453
    GREENE #3329 $NGREX (22415 SH) 228,183 228,183
    GREENE #3329 $VMMSX (21859 SH) 578,825 578,825
    GREENE #3329 $VHGEX (19565 SH) 739,760 739,760
    JP MORGAN #6001 $URTH (16180 SH) 1,818,794 1,818,794
    JP MORGAN #6001 PEG GLOBAL PRIVATE EQUITY 2,522,499 2,522,499
    JP MORGAN #6001 MANAGED INCOME FD 711,147 711,147
    TD AMERITRADE #4443 $BRMK (110616 SH) 1,128,279 1,128,279

    TY 2020 InvestmentsLandSchedule2
    Name:
    SCAN DESIGN FOUNDATION
     
    BY INGER & JENS BRUUN
    EIN:
    68-0537904
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    LYNNWOOD STORE BUILDING 4,069,291 1,952,182 2,117,109  
    LYNNWOOD LAND 1,230,709 0 1,230,709  
    LOAN FEES CAPITALIZED 10,018 10,018 0  

    TY 2020 InvestmentsOtherSchedule2
    Name:
    SCAN DESIGN FOUNDATION
     
    BY INGER & JENS BRUUN
    EIN:
    68-0537904
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    SOREN APARTMENTS LLC AT COST 847,997 1,200,000
    ELEVATION ON CENTRAL LLC AT COST 864,735 1,200,000
    VIEW AT CASCADE APTS AT COST 903,786 1,200,000

    TY 2020 LegalFeesSchedule
    Name:
    SCAN DESIGN FOUNDATION
     
    BY INGER & JENS BRUUN
    EIN:
    68-0537904
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 9,311 4,655   4,656


    TY 2020 OtherDecreasesSchedule
    Name:
    SCAN DESIGN FOUNDATION
     
    BY INGER & JENS BRUUN
    EIN:
    68-0537904
    Description Amount
    PRIOR PERIOD ADJUSTMENT 1,548,295


    TY 2020 OtherExpensesSchedule
    Name:
    SCAN DESIGN FOUNDATION
     
    BY INGER & JENS BRUUN
    EIN:
    68-0537904
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE EXPENSE 33,212 0   33,212
    ORGANIZATION DEVELOPMENT 805 0   805
    GRANT DEVELOPMENT/MANAGEMENT 3,744 0   3,744
    BOARD MEETING EXPENSES 764 0   764
    MISCELLANEOUS 743 0   743
    INSURANCE 3,742 0   3,742
    INSURANCE 12,377 12,377   0
    REPAIRS AND MAINTENANCE 10,057 10,057   0
    NET RENTAL LOSS ON K-1 30,545 30,545   0
    NET RENTAL LOSS FROM K-1 13,972 13,972   0
    NET RENTAL LOSS FROM K-1 32,691 32,691   0


    TY 2020 OtherIncomeSchedule2
    Name:
    SCAN DESIGN FOUNDATION
     
    BY INGER & JENS BRUUN
    EIN:
    68-0537904
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    MISCELLANEOUS REFUNDS 10,641   10,641


    TY 2020 OtherIncreasesSchedule
    Name:
    SCAN DESIGN FOUNDATION
     
    BY INGER & JENS BRUUN
    EIN:
    68-0537904
    Description Amount
    PRIOR PERIOD ADJUSTMENT FOR INVESTMENT K-1'S 504,614
    CHANGE IN UNREALIZED GAIN/LOSS 1,706,879


    TY 2020 OtherLiabilitiesSchedule
    Name:
    SCAN DESIGN FOUNDATION
     
    BY INGER & JENS BRUUN
    EIN:
    68-0537904
    Description Beginning of Year - Book Value End of Year - Book Value
    SECURITY DEPOSITS 0 10,000


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    SCAN DESIGN FOUNDATION
     
    BY INGER & JENS BRUUN
    EIN:
    68-0537904
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 130,885 130,885   0
    CONSULTING 47,884 0   47,884
    OTHER PROFESSIONAL FEES 13,857 0   13,857


    TY 2020 TaxesSchedule
    Name:
    SCAN DESIGN FOUNDATION
     
    BY INGER & JENS BRUUN
    EIN:
    68-0537904
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 35,867 7,173   28,694
    FEDERAL TAX PAID 63,020 0   0
    PROPERTY TAXES 79,069 79,069   0