Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
MARSHALL FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)814 E UNIVERSITY BOULEVARD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
TUCSON, AZ85719
A Employer identification number

86-0102198
B Telephone number (see instructions)

(520) 622-8613
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$42,513,543J 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 18,842 18,842  
4 Dividends and interest from securities...      
5a Gross rents............ 3,426,581 2,596,191  
b Net rental income or (loss) 3,426,581
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
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 416,363 243,103  
12 Total. Add lines 1 through 11........ 3,861,786 2,858,136  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 155,308 73,050   78,618
14 Other employee salaries and wages...... 449,080 264,464   39,948
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 48,090 36,544   0
b Accounting fees (attach schedule)....... Click to see attachment 44,266 31,139   0
c Other professional fees (attach schedule).... Click to see attachment 7,176 6,864   0
17 Interest............... 442,592 29,269   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 120,212 58,295   0
19 Depreciation (attach schedule) and depletion... 349,827 224,281  
20 Occupancy.............. 265,204 265,204   0
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 757,932 542,546   8,531
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,639,687 1,531,656   127,097
25 Contributions, gifts, grants paid....... 1,703,454 1,275,915
26 Total expenses and disbursements. Add lines 24 and 25 4,343,141 1,531,656   1,403,012
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -481,355
b Net investment income (if negative, enter -0-) 1,326,480
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............. 130,198 270,695 270,695
2 Savings and temporary cash investments......... 887,432 490,341 490,341
3 Accounts receivable bullet309,787
Less: allowance for doubtful accounts bullet176,601 197,352 133,186 133,186
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) bullet232,478
Less: allowance for doubtful accounts bullet221,400 18,074 11,078 11,078
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 59,530 71,643 71,643
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet19,560,972
Less: accumulated depreciation (attach schedule) bullet8,831,278 10,904,735 10,729,694 35,583,000
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment4,470,960 Click to see attachment4,937,446 Click to see attachment5,953,600
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 16,668,281 16,644,083 42,513,543
Liabilities 17 Accounts payable and accrued expenses.......... 133,415 141,406
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)...... 8,938,034 8,837,283
22 Other liabilities (describe bullet) Click to see attachment1,782,024 Click to see attachment2,075,148
23 Total liabilities (add lines 17 through 22)......... 10,853,473 11,053,837
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........... 5,814,808 5,590,246
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 5,814,808 5,590,246
30 Total liabilities and net assets/fund balances (see instructions). 16,668,281 16,644,083
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
5,814,808
2
Enter amount from Part I, line 27a .....................
2
-481,355
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
441,832
4
Add lines 1, 2, and 3 ..........................
4
5,775,285
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
185,039
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
5,590,246
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.)
1a
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2  
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 18,438
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 18,438
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 18,438
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 22,041
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 7,397
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 29,438
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 11,000
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet11,000 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletAZ
    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 addressbulletWWW.MARSHALLFOUNDATION.COM
    14
    The books are in care ofbulletMARSHALL FOUNDATION Telephone no.bullet (520) 622-8613

    Located atbullet814 E UNIVERSITY BOULEVARDTUCSONAZ ZIP+4bullet85719
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    CHARLES JACKSON PRESIDENT
    0.92     		9,000 0 0
    814 E UNIVERSITY BOULEVARD
    TUCSON,AZ85719
    FRANCISCO AGUILAR VICE
    0.92     		1,500 0 0
    814 E UNIVERSITY BOULEVARD
    TUCSON,AZ85719
    GABRIELA CORRALES MEMBER
    0.92     		6,000 0 0
    814 E UNIVERSITY BOULEVARD
    TUCSON,AZ85719
    JANE MCCOLLUM PRESIDENT RE DIVISION
    40.00     		106,808 13,948 0
    814 E UNIVERSITY BOULEVARD
    TUCSON,AZ85719
    BRUCE BURKE TREASURER - PRESIDENT
    2.31     		12,000 0 0
    814 E UNIVERSITY BOULEVARD
    TUCSON,AZ85719
    EMILY MAASS SECRETARY
    0.92     		6,000 0 0
    814 E UNIVERSITY BOULEVARD
    TUCSON,AZ85719
    JIMENA VALDES TREASURER
    0.92     		6,000 0 0
    814 E UNIVERSITY BOULEVARD
    TUCSON,AZ85719
    MICHAEL HAMMOND MEMBER
    0.92     		6,000 0 0
    814 E UNIVERSITY BOULEVARD
    TUCSON,AZ85719
    SEAN STUCHEN MEMBER
    0.92     		0 0 0
    814 E UNIVERSITY BOULEVARD
    TUCSON,AZ85719
    FABIAN CORDOVA MEMBER
    0.92     		2,000 0 0
    814 E UNIVERSITY BOULEVARD
    TUCSON,AZ85719
    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
    TRICIA KINARD ACCOUNTING MANAGER
    40.00     		66,992 12,379 0
    814 E UNIVERSITY BOULEVARD
    TUCSON,AZ85719
    ROBIN FECHNER OFFICE MANAGER
    40.00     		51,729 19,419 0
    814 E UNIVERSITY BOULEVARD
    TUCSON,AZ85719
    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
    MSW DEVELOPMENT SERVICES INC CONSULTING 141,786
    70 W CUSHING STREET
    TUCSON,AZ85701
    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 N/A 0
    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
    0
    b
    Average of monthly cash balances.......................
    1b
    1,102,506
    c
    Fair market value of all other assets (see instructions)................
    1c
    41,518,510
    d
    Total (add lines 1a, b, and c).........................
    1d
    42,621,016
    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
    9,049,389
    3
    Subtract line 2 from line 1d.........................
    3
    33,571,627
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    503,574
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    33,068,053
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,653,403
    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
    1,653,403
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    18,438
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    18,438
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,634,965
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,634,965
    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
    1,634,965
    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
    1,403,012
    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
    1,403,012
    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
    1,403,012
    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 1,634,965
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 722,816
    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$ 1,403,012
    a Applied to 2019, but not more than line 2a 722,816
    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..... 680,196
    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 ..........     		954,769
    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 e-mail address of the person to whom applications should be addressed:
    JANE MCCOLLUM
    814 E UNIVERSITY BOULEVARD
    TUCSON,AZ85719
    (520) 622-8613
    bThe form in which applications should be submitted and information and materials they should include:
    GRANT REQUESTS ARE CONSIDERED AT THE BEGINNING OF THE YEAR THROUGH A FORMAL, ONLINE PROCESS USING THE FOLLOWING CRITERIA: RELEVANCE OF THE PROJECT TO THE MARSHALL FOUNDATION'S MISSION AND GIVING FOCUS COMPLETENESS OF THE APPLICATION AVAILABILITY OF FUNDS THE THREE-STEP ONLINE PROCESS IS AS FOLLOWS: ORGANIZATION REGISTRATION (ONE-TIME ONLY PER EMAIL ADDRESS) APPLICATION FORM / LETTER OF INTENT (LOI) FULL PROPOSAL (UPON INVITATION ONLY)
    cAny submission deadlines:
    GRANT APPLICATIONS ARE ACCEPTED BETWEEN JANUARY AND MAY.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    IN ORDER TO BE CONSIDERED FOR FUNDING BY THE MARSHALL FOUNDATION, THE ORGANIZATION SEEKING SUPPORT MUST: BE AN ESTABLISHED 501(C)(3) NOT-FOR-PROFIT CORPORATION. HAVE A PROJECT THAT WILL TAKE PLACE IN PIMA COUNTY OR BENEFIT RESIDENTS OF PIMA COUNTY, AZ. HAVE SUBMITTED A FORMAL APPLICATION THROUGH AN ONLINE PROCESS MARSHALL FOUNDATION WILL NOT ACCEPT REQUESTS FOR SUPPORT FOR PROJECTS OUTSIDE OF PIMA COUNTY OR FOR SPECIFIC INDIVIDUALS.
    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
    U OF A FOUNDATION - AZ ASSURANCE
    PO BOX 210109
    TUCSON,AZ85721     		    ARIZONA ASSURANCE SCHOLARSHIP 50,000
    U OF A FOUNDATION
    1111 N CHERRY AVE
    TUCSON,AZ85721     		    EDIE AUSLANDER AZ ASSURANCE SCHOLARSHIP 50,000
    CASA DE LOS NINOS
    1120 N 5TH AVE
    TUCSON,AZ85705     		    EARLY EDUCATION CENTER 25,000
    TUCSON FESTIVAL OF BOOKS
    PO BOX 42466
    TUCSON,AZ58733     		    TFOB 2020 25,000
    U OF A FOUNDATION - HONORS COLLEGE
    PO BOX 210006
    TUCSON,AZ85721     		    HONORS VILLAGE AMPHITHEATRE NAMING (1 OF 5 PYMNTS) 50,000
    COMMUNITY FOOD BANK OF SO AZ
    3003 S COUNTRY CLUB
    TUCSON,AZ85713     		    MARGARET & GEORGE STEEL FULFULLMENT CENTER (2 OF 2) 25,000
    UA FOUNDATION
    1111 N CHERRY AVE
    TUCSON,AZ85721     		    SCHOLARSHIP FOR DACA STUDENTS (1 OF 5 2020) 100,000
    SOUTHERN ARIZONA AIDS FOUNDATION
    375 S EUCLID AVE
    TUCSON,AZ85719     		    YOUTH SEXUAL HEALTH & SUICIDE PREVENTION EDUCATION 20,000
    SAN MIGUEL HIGH SCHOOL
    6601 S SAN FERNANDO RD
    TUCSON,AZ85756     		    KITCHEN RENOVATION PROJECT 75,000
    LITERACY CONNECTS
    200 E YAVAPAI RD
    TUCSON,AZ85705     		    YOUTH CENTER 25,000
    MAKE WAY FOR BOOKS
    700 N STONE AVE
    TUCSON,AZ85705     		    CUENTAME COLLABORATIVE 50,000
    SARSEF
    4574 E BROADWAY BLVD
    TUCSON,AZ85711     		    STAR LAB RESTORATION PROJECT AT UA 50,000
    PLANNED PARENTHOOD ARIZONA
    2255 N WYATT DR
    TUCSON,AZ85712     		    SEXUAL HEALTH AND RESPONSIBLE EDUCATION (SHARE) 50,000
    JOBPATH INC
    616 N COUNTRY CLUB RD SUITE 110
    TUCSON,AZ85716     		    MORE THAN A JOB 25,000
    YOUTH ON THEIR OWN
    1660 N ALVERNON WAY
    TUCSON,AZ85712     		    YOTO PROGRAM COORDINATOR 45,000
    LIVE THEATRE WORKSHOP
    3322 E FT LOWELL RD
    TUCSON,AZ85716     		    THEATRE TECH EDUCATION FOR K-12 YOUTH 30,000
    LITERACY CONNECTS
    200 E YAVAPAI RD
    TUCSON,AZ85705     		    YOUTH CENTER AFTER SCHOOL & SUMMER PROGRAMS 25,000
    CHILD-PARENT CENTERS INC
    602 E 22ND ST
    TUCSON,AZ85713     		    HEAD START SERVICES 30,000
    OUR FAMILY SERVICES INC
    2590 N ALVERNON WAY
    TUCSON,AZ85712     		    REUNION HOUSE TEEN SHELTER 25,000
    WOMEN'S FOUNDATION OF SOUTHERN ARIZONA
    1661 N SWAN RD SUITE 150
    TUCSON,AZ85712     		    PATHWAYS 75,000
    BORDERLANDS RESTORATION NETWORK
    PO BOX 121
    PATAGONIA,AZ85624     		    SU:DAGI O WUD DOAKAG ("WATER IS LIFE" IN O'ODHAM) 25,000
    ARIZONA FRIENDS OF FOSTER CHILDREN FOUNDATION
    360 E CORONADO SUITE 190
    TUCSON,AZ85004     		    FOSTERING POST SECONDARY EDUCATION 30,000
    UA FOUNDATION - COLLEGE OF EDUCATION
    1111 N CHERRY AVE
    TUCSON,AZ85721     		    TEACH ROCK 40,000
    UA FOUNDATION - COOPER CENTER
    PO BOX 210069
    TUCSON,AZ85721     		    OPERATIONAL SUPPORT 50,000
    UA FOUNDATION - COLLEGE OF EDUCATION
    1111 N CHERRY AVE
    TUCSON,AZ85721     		    DISABILITY & PSYCHOEDUCATIONAL STUDIES - TALK IT OUT 50,000
    JUNIOR ACHIEVEMENT OF ARIZONA
    6339 E SPEEDWAY BLVD SUITE 109
    TUCSON,AZ85710     		    INVEST IN JA TO INCREASE TUCSON GRADUATION RATES 25,000
    UA FOUNDATION
    PO BOX 210109
    TUCSON,AZ85721     		    2020/2021 FALL SCHOLARSHIPS 197,539
    UA FOUNDATION - GRADUATE COLLEGE
    PO BOX 210066
    TUCSON,AZ85721     		    MARIA TERESA VELEZ DIVERSITY LEADERSHIP SCHOLARSHIP 10,000
    STARTUP TUCSON
    PO BOX 1214
    TUCSON,AZ85701     		    REMOTE TUCSON 5,000
    GIFT CERTIFICATES ISSUED TO NON-PROFIT ORGANIZATIONS
    1303 E UNIVERSITY BLVD BLDG 19 RM
    325W
    TUCSON,AZ85721     		    GIFT CARDS ISSUED TO VARIOUS NON PROFIT ORGANIZATIONS THAT WERE NOT USED -6,624
    Total .................................bullet 3a 1,275,915
    bApproved for future payment
    U OF A UNIVERSITY SCHOLARSHIPS - SPRING 2021
    1111 N CHERRY AVE
    TUCSON,AZ85721     		    SCHOLARSHIPS SPRING SEMESTER 197,539
    ARTS LIVE TUCSON (FORMERLY UA PRESENTS)
    1020 E UNIVERSITY BOULEVARD
    TUCSON,AZ85721     		    MONUMENTS 30,000
    TUCSON FESTIVAL OF BOOKS
    1209 E UNIVERSITY BLVD ROOM
    TUCSON,AZ85721     		    FESTIVAL PROGRAM 25,000
    JEWISH COMMUNITY FOUNDATION OF SOUTHERN ARIZONA
    3718 E RIVER ROAD 118
    TUCSON,AZ85718     		    FOUNDATION PROGRAMS 25,000
    UA FOUNDATION - SCHOLARSHIP FOR DACA STUDENT
    1111 N CHERRY AVE
    TUCSON,AZ85721     		    SCHOLARSHIP FOR DACA STUDENTS (1 OF 5 2020) 400,000
    UA FOUNDATION - HONORS COLLEGE - HONORS VILLAGE AMPHITHEATRE NAMING
    1111 N CHERRY AVE
    TUCSON,AZ85721     		    HONORS VILLAGE AMPHITHEATRE NAMING (1 OF 5 PYMNTS) 200,000
    UA FOUNDATION - EDIE AUSLANDER AZ ASSURANCE SCHOLARSHIP
    1111 N CHERRY AVE
    TUCSON,AZ85721     		    EDIE AUSLANDER AZ ASSURANCE SCHOLARSHIP 150,000
    UA FOUNDATION - ARIZONA ASSURANCE SCHOLARSHIP
    1111 N CHERRY AVE
    TUCSON,AZ85721     		    ARIZONA ASSURANCE SCHOLARSHIP 150,000
    Total .................................bullet 3b 1,177,539
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 18,842  
    4 Dividends and interest from securities....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property...... 531120 830,390 16    
    bNot debt-financed property..... 531120   16 2,596,191  
    6 Net rental income or (loss) from personal property          
    7 Other investment income..... 531120 60,094 16 243,103  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		         
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aDEBT FORGIVENESS INCOME     		531120 113,166      
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 1,003,650 2,858,136 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    3,861,786
    (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

    Form 990PF Part XV Line 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
    U OF A FOUNDATION - AZ ASSURANCEPO BOX 210109
    TUCSON,AZ85721     		    ARIZONA ASSURANCE SCHOLARSHIP 50,000
    U OF A FOUNDATION1111 N CHERRY AVE
    TUCSON,AZ85721     		    EDIE AUSLANDER AZ ASSURANCE SCHOLARSHIP 50,000
    CASA DE LOS NINOS1120 N 5TH AVE
    TUCSON,AZ85705     		    EARLY EDUCATION CENTER 25,000
    TUCSON FESTIVAL OF BOOKSPO BOX 42466
    TUCSON,AZ58733     		    TFOB 2020 25,000
    U OF A FOUNDATION - HONORS COLLEGEPO BOX 210006
    TUCSON,AZ85721     		    HONORS VILLAGE AMPHITHEATRE NAMING (1 OF 5 PYMNTS) 50,000
    COMMUNITY FOOD BANK OF SO AZ3003 S COUNTRY CLUB
    TUCSON,AZ85713     		    MARGARET & GEORGE STEEL FULFULLMENT CENTER (2 OF 2) 25,000
    UA FOUNDATION1111 N CHERRY AVE
    TUCSON,AZ85721     		    SCHOLARSHIP FOR DACA STUDENTS (1 OF 5 2020) 100,000
    SOUTHERN ARIZONA AIDS FOUNDATION375 S EUCLID AVE
    TUCSON,AZ85719     		    YOUTH SEXUAL HEALTH & SUICIDE PREVENTION EDUCATION 20,000
    SAN MIGUEL HIGH SCHOOL6601 S SAN FERNANDO RD
    TUCSON,AZ85756     		    KITCHEN RENOVATION PROJECT 75,000
    LITERACY CONNECTS200 E YAVAPAI RD
    TUCSON,AZ85705     		    YOUTH CENTER 25,000
    MAKE WAY FOR BOOKS700 N STONE AVE
    TUCSON,AZ85705     		    CUENTAME COLLABORATIVE 50,000
    SARSEF4574 E BROADWAY BLVD
    TUCSON,AZ85711     		    STAR LAB RESTORATION PROJECT AT UA 50,000
    PLANNED PARENTHOOD ARIZONA2255 N WYATT DR
    TUCSON,AZ85712     		    SEXUAL HEALTH AND RESPONSIBLE EDUCATION (SHARE) 50,000
    JOBPATH INC616 N COUNTRY CLUB RD SUITE 110
    TUCSON,AZ85716     		    MORE THAN A JOB 25,000
    YOUTH ON THEIR OWN1660 N ALVERNON WAY
    TUCSON,AZ85712     		    YOTO PROGRAM COORDINATOR 45,000
    LIVE THEATRE WORKSHOP3322 E FT LOWELL RD
    TUCSON,AZ85716     		    THEATRE TECH EDUCATION FOR K-12 YOUTH 30,000
    LITERACY CONNECTS200 E YAVAPAI RD
    TUCSON,AZ85705     		    YOUTH CENTER AFTER SCHOOL & SUMMER PROGRAMS 25,000
    CHILD-PARENT CENTERS INC602 E 22ND ST
    TUCSON,AZ85713     		    HEAD START SERVICES 30,000
    OUR FAMILY SERVICES INC2590 N ALVERNON WAY
    TUCSON,AZ85712     		    REUNION HOUSE TEEN SHELTER 25,000
    WOMEN'S FOUNDATION OF SOUTHERN ARIZONA1661 N SWAN RD SUITE 150
    TUCSON,AZ85712     		    PATHWAYS 75,000
    BORDERLANDS RESTORATION NETWORKPO BOX 121
    PATAGONIA,AZ85624     		    SU:DAGI O WUD DOAKAG ("WATER IS LIFE" IN O'ODHAM) 25,000
    ARIZONA FRIENDS OF FOSTER CHILDREN FOUNDATION360 E CORONADO SUITE 190
    TUCSON,AZ85004     		    FOSTERING POST SECONDARY EDUCATION 30,000
    UA FOUNDATION - COLLEGE OF EDUCATION1111 N CHERRY AVE
    TUCSON,AZ85721     		    TEACH ROCK 40,000
    UA FOUNDATION - COOPER CENTERPO BOX 210069
    TUCSON,AZ85721     		    OPERATIONAL SUPPORT 50,000
    UA FOUNDATION - COLLEGE OF EDUCATION1111 N CHERRY AVE
    TUCSON,AZ85721     		    DISABILITY & PSYCHOEDUCATIONAL STUDIES - TALK IT OUT 50,000
    JUNIOR ACHIEVEMENT OF ARIZONA6339 E SPEEDWAY BLVD SUITE 109
    TUCSON,AZ85710     		    INVEST IN JA TO INCREASE TUCSON GRADUATION RATES 25,000
    UA FOUNDATIONPO BOX 210109
    TUCSON,AZ85721     		    2020/2021 FALL SCHOLARSHIPS 197,539
    UA FOUNDATION - GRADUATE COLLEGEPO BOX 210066
    TUCSON,AZ85721     		    MARIA TERESA VELEZ DIVERSITY LEADERSHIP SCHOLARSHIP 10,000
    STARTUP TUCSONPO BOX 1214
    TUCSON,AZ85701     		    REMOTE TUCSON 5,000
    GIFT CERTIFICATES ISSUED TO NON-PROFIT ORGANIZATIONS1303 E UNIVERSITY BLVD BLDG 19 RM
    325W
    TUCSON,AZ85721     		    GIFT CARDS ISSUED TO VARIOUS NON PROFIT ORGANIZATIONS THAT WERE NOT USED -6,624
    Total ...............................bullet 3a 1,275,915
    bApproved for future payment
    U OF A UNIVERSITY SCHOLARSHIPS - SPRING 20211111 N CHERRY AVE
    TUCSON,AZ85721     		    SCHOLARSHIPS SPRING SEMESTER 197,539
    ARTS LIVE TUCSON (FORMERLY UA PRESENTS)1020 E UNIVERSITY BOULEVARD
    TUCSON,AZ85721     		    MONUMENTS 30,000
    TUCSON FESTIVAL OF BOOKS1209 E UNIVERSITY BLVD ROOM
    TUCSON,AZ85721     		    FESTIVAL PROGRAM 25,000
    JEWISH COMMUNITY FOUNDATION OF SOUTHERN ARIZONA3718 E RIVER ROAD 118
    TUCSON,AZ85718     		    FOUNDATION PROGRAMS 25,000
    UA FOUNDATION - SCHOLARSHIP FOR DACA STUDENT1111 N CHERRY AVE
    TUCSON,AZ85721     		    SCHOLARSHIP FOR DACA STUDENTS (1 OF 5 2020) 400,000
    UA FOUNDATION - HONORS COLLEGE - HONORS VILLAGE AMPHITHEATRE NAMING1111 N CHERRY AVE
    TUCSON,AZ85721     		    HONORS VILLAGE AMPHITHEATRE NAMING (1 OF 5 PYMNTS) 200,000
    UA FOUNDATION - EDIE AUSLANDER AZ ASSURANCE SCHOLARSHIP1111 N CHERRY AVE
    TUCSON,AZ85721     		    EDIE AUSLANDER AZ ASSURANCE SCHOLARSHIP 150,000
    UA FOUNDATION - ARIZONA ASSURANCE SCHOLARSHIP1111 N CHERRY AVE
    TUCSON,AZ85721     		    ARIZONA ASSURANCE SCHOLARSHIP 150,000
    Total ................................bullet 3b 1,177,539

    TY 2020 AccountingFeesSchedule
    Name:
    MARSHALL FOUNDATION
    EIN:
    86-0102198
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 44,266 31,139   0

    TY 2020 GeneralExplanationAttachment
    Name:
    MARSHALL FOUNDATION
    EIN:
    86-0102198
    Identifier Return Reference Explanation
    INVESTMENT IN LLC STATEMENT AND DE MINIMIS SAFE HARBOR ELECTION FORM 990-PF STATEMENT MARSHALL FOUNDATION OWNS 50% OF WEST MAIN GATE CENTER, LLC. WEST MAIN GATE IS TAXED AS A PARTNERSHIP. ITS PRINCIPAL BUSINESS ACTIVITY IS COMMERCIAL REAL ESTATE RENTALS. TIN 86-0776159ADDRESS:814 E UNIVERSITY BOULEVARDTUCSON, AZ 85719TOTAL TAXABLE INCOME FOR 2020 $2,499,089TOTAL ASSETS AS OF 12/31/2020 $606,399SECTION 1.263(A)-1(F) DE MINIMIS SAFE HARBOR ELECTIONMARSHALL FOUNDATION814 E UNIVERSITYTUCSON, AZ 85719EMPLOYER IDENTIFICATION NUMBER: 86-0102198FOR THE YEAR ENDING DECEMBER 31, 2020MARSHALL FOUNDATION IS MAKING THE DE MINIMIS SAFE HARBOR ELECTION UNDER REG. SEC. 1.263(A)-1(F).

    TY 2020 LegalFeesSchedule
    Name:
    MARSHALL FOUNDATION
    EIN:
    86-0102198
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL 48,090 36,544   0


    TY 2020 OtherAssetsSchedule
    Name:
    MARSHALL FOUNDATION
    EIN:
    86-0102198
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DEFERRED CHARGES 1,175,083 1,149,413 0
    DEFERRED RENT 2,360,370 2,792,043 0
    INVESTMENT IN LLC 935,507 995,990 5,953,600


    TY 2020 OtherDecreasesSchedule
    Name:
    MARSHALL FOUNDATION
    EIN:
    86-0102198
    Description Amount
    DECREASE IN PREPAID RENT BALANCE 38,797
    ALLOWANCE FOR BAD DEBT 145,949
    EXCESS OF BOOK DISPOSAL OVER TAX 293


    TY 2020 OtherExpensesSchedule
    Name:
    MARSHALL FOUNDATION
    EIN:
    86-0102198
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADVERTISING 76,625 50,822   0
    INSURANCE 54,776 43,128   0
    MAINTENANCE & OPERATIONS 564,776 410,029   8,531
    TELEPHONE 4,393 4,393   0
    BAD DEBT 32,985 27,595   0
    LOSS ON DISPOSITION OF ASSET 4 0   0
    GAIN/LOSS ON WRITE OFF -4,649 -4,649   0
    AMORTIZATION 29,022 11,228   0


    TY 2020 OtherIncomeSchedule2
    Name:
    MARSHALL FOUNDATION
    EIN:
    86-0102198
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    WEST MAIN GATE LLC 303,197 243,103 303,197
    DEBT FORGIVENESS INCOME 113,166   113,166


    TY 2020 OtherIncreasesSchedule
    Name:
    MARSHALL FOUNDATION
    EIN:
    86-0102198
    Description Amount
    EXCESS OF TAX DEPRECIATION OVER BOOK 45,701
    EXCESS OF BOOK OVER TAX PARTNERSHIP INCOME 22,285
    INCREASE IN DEFERRED REVENUE BALANCE 373,846


    TY 2020 OtherLiabilitiesSchedule
    Name:
    MARSHALL FOUNDATION
    EIN:
    86-0102198
    Description Beginning of Year - Book Value End of Year - Book Value
    PREPAID RENT AND DEPOSITS 262,290 215,752
    CONTRIBUTIONS PAYABLE 750,000 1,177,539
    ACCRUED INTEREST EXPENSE 34,968 37,042
    OTHER ACCRUED EXPENSES 734,766 644,815


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    MARSHALL FOUNDATION
    EIN:
    86-0102198
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTING 7,176 6,864   0


    TY 2020 TaxesSchedule
    Name:
    MARSHALL FOUNDATION
    EIN:
    86-0102198
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    REAL ESTATE TAXES 101,724 58,295   0
    EXCISE AND INCOME TAX 18,488 0   0