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
HEATHERINGTON FOUNDATION FOR INNOVATION
AND EDUCATION IN HEALTH CARE
Number and street (or P.O. box number if mail is not delivered to street address)2121 SW BROADWAY ST NO 115
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PORTLAND, OR97201
A Employer identification number

93-0988354
B Telephone number (see instructions)

(503) 471-2103
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$33,848,455J 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 639,862 639,862  
4 Dividends and interest from securities...      
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -431,354
b Gross sales price for all assets on line 6a 24,482,887
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).......      
12 Total. Add lines 1 through 11........ 208,508 639,862  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 1,190 0   1,190
b Accounting fees (attach schedule)....... Click to see attachment 8,850 2,000   6,850
c Other professional fees (attach schedule).... Click to see attachment 123,275 123,275   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)...        
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 54,939 0   54,939
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 104,999 0   105,499
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 293,253 125,275   168,478
25 Contributions, gifts, grants paid....... 1,164,635 1,164,635
26 Total expenses and disbursements. Add lines 24 and 25 1,457,888 125,275   1,333,113
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,249,380
b Net investment income (if negative, enter -0-) 514,587
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............. 168,503 65,221 65,221
2 Savings and temporary cash investments......... 4,457,374 539,891 539,891
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) 17,097,927 Click to see attachment10,968,171 10,968,171
b Investments—corporate stock (attach schedule)....... 5,936,666 Click to see attachment18,046,025 18,046,025
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet4,147,492
Less: accumulated depreciation (attach schedule) bullet   3,866,019 4,147,492 4,147,492
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 attachment193,067 Click to see attachment81,655 Click to see attachment81,655
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 31,719,556 33,848,455 33,848,455
Liabilities 17 Accounts payable and accrued expenses.......... 5,400 1,003
18 Grants payable................. 160,000 120,000
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 attachment87,202
23 Total liabilities (add lines 17 through 22)......... 165,400 208,205
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........... 31,554,156 33,640,250
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)..... 31,554,156 33,640,250
30 Total liabilities and net assets/fund balances (see instructions). 31,719,556 33,848,455
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
31,554,156
2
Enter amount from Part I, line 27a .....................
2
-1,249,380
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
3,335,474
4
Add lines 1, 2, and 3 ..........................
4
33,640,250
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
33,640,250
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 PUBLICALLY TRADED INVESTMENTS P    
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 24,482,887   24,914,241 -431,354
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       -431,354
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 -431,354
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 7,153
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 7,153
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 7,153
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 15,723
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 15,723
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 8,570
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet8,570 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)
    bulletOR
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletWILLIAM MURRAY Telephone no.bullet (503) 734-3147

    Located atbullet2121 SW BROADWAY ST NO 115PORTLANDOR ZIP+4bullet97201
    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
    Yes
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    JEFFREY HEATHERINGTON PRESIDENT
    1.00     		0 0 0
    2121 SW BROADWAY SUITE 115
    PORTLAND,OR97201
    JEFF PAWLOWSKI BOARD CHAIR & BOARD MEMBER
    1.00     		0 0 0
    2121 SW BROADWAY SUITE 115
    PORTLAND,OR97201
    KAREN CARNAHAN SECRETARY & BOARD MEMBER
    1.00     		0 0 0
    2121 SW BROADWAY SUITE 115
    PORTLAND,OR97201
    ROBERT CARUS TREASURER & BOARD MEMBER
    1.00     		0 0 0
    2121 SW BROADWAY SUITE 115
    PORTLAND,OR97201
    ROBIN RICHARDSON BOARD MEMBER
    1.00     		0 0 0
    2121 SW BROADWAY SUITE 115
    PORTLAND,OR97201
    CHARLES KALUZA BOARD MEMBER
    1.00     		0 0 0
    2121 SW BROADWAY SUITE 115
    PORTLAND,OR97201
    JANET TESCH BOARD MEMBER
    1.00     		0 0 0
    2121 SW BROADWAY SUITE 115
    PORTLAND,OR97201
    PAULA CRONE BOARD MEMBER
    1.00     		0 0 0
    2121 SW BROADWAY SUITE 115
    PORTLAND,OR97201
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    27,046,105
    b
    Average of monthly cash balances.......................
    1b
    88,590
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    27,134,695
    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
    27,134,695
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    407,020
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    26,727,675
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,336,384
    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
    1,336,384
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    7,153
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    7,153
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,329,231
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,329,231
    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
    1,329,231
    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
    1,333,113
    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
    1,333,113
    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
    1,333,113
    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 1,329,231
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019...... 1,824,342
    fTotal of lines 3a through e........ 1,824,342
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 1,333,113
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 1,329,231
    e Remaining amount distributed out of corpus 3,882
    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 1,828,224
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		1,828,224
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019.... 1,824,342
    e Excess from 2020.... 3,882
    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:
    JEFFREY HEATHERINGTON
    2121 SW BROADWAY SUITE 115
    PORTLAND,OR97201
    (503) 471-2103
    N/A
    bThe form in which applications should be submitted and information and materials they should include:
    REQUEST TO BE SUBMITTED ON FOUNDATION APPLICATION FORM, TOGETHER WITH 501(C) (3) DETERMINATION LETTER, CURRENT FINANCIAL STATEMENT, PROJECTED BUDGET AND LIST OF OFFICERS AND DIRECTORS.
    cAny submission deadlines:
    N/A
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    N/A
    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
    OSTEOPATHY PHYSICIANS & SURGEONS OF OREGON
    2121 SW BROADWAY SUITE 115
    PORTLAND,OR97201     		  NC SUPPORT EDUCATION & RESEARCH TO ENSURE HIGHEST QUALITY, COMPRESHENSIVE HEALTH & PATIENT CARE 100,000
    OREGON SYMPHONY ASSOCIATION
    921 SW WASHINGTON ST 200
    PORTLAND,OR97205     		  PC GENERAL OPERATING SUPPORT 100,000
    WILSON STRATEGICSTATE OF REFORM
    19101 36TH AVE W SUITE 203
    LYNNWOOD,WA98036     		  NC SUPPORT EDUCATIONAL PROGRAMS TO BRIDGE THE GAP BETWEEN HEALTH CARE AND HEALTH POLICY 15,000
    LUND REPORT
    PO BOX 82841
    PORTLAND,OR97282     		  PC GENERAL OPERATING SUPPORT 50,000
    COLLEGE OF OSTEOPATHIC MEDICINE OF THE PACIFIC
    200 MULLINS DR
    LEBANON,OR97355     		  PC SCHOLARSHIPS & GENERAL OPERATING SUPPORT 64,535
    SERENDIPITY CENTER
    PO BOX 33350
    PORTLAND,OR97292     		  PC GENERAL OPERATING SUPPORT 50,000
    GLADSTONE SCHOOL
    17789 WEBSTER ROAD
    GLADSTONE,OR97027     		  GOV GENERAL OPERATING SUPPORT 575,000
    PSU FOUNDATION
    1600 SW 4TH AVE STE 730
    PORTLAND,OR97201     		  PC GENERAL OPERATING SUPPORT 55,000
    THE FOUNDATION FOR MEDICAL EXCELLENCE
    11740 SW 68TH PARKWAY SUITE 125
    PORTLAND,OR97223     		  PC GENERAL OPERATING SUPPORT 15,000
    MAURICE LUCAS FOUNDATION
    PO BOX 1661
    LAKE OSWEGO,OR97035     		  PC GENERAL OPERATING SUPPORT 70,100
    OREGON HEALTH FOUNDATION
    1121 SW SALMON ST STE 100
    PORTLAND,OR97205     		  PC GENERAL OPERATING SUPPORT 70,000
    Total .................................bullet 3a 1,164,635
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 639,862  
    4 Dividends and interest from securities....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    01 -431,354  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 208,508 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    208,508
    (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
    FAMILYCARE INC 501(C)(4) 50% OF THE FOUNDATION'S BOARD MEMBERS ARE ALSO BOARD MEMBERS OR OFFICERS OF FAMILYCARE, INC. THE TWO ORGANIZATIONS SHARE A HISTORIC AND CONTINUING RELATIONSHIP.
    FAMILYCARE HEALTH PLANS INC 501(C)(4) 50% OF THE FOUNDATION'S BOARD MEMBERS ARE ALSO BOARD MEMBERS OR OFFICERS OF FAMILYCARE HEALTH PLANS, INC. THE TWO ORGANIZATIONS SHARE A HISTORIC AND CONTINUING 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:
    HEATHERINGTON FOUNDATION FOR INNOVATION
     
    AND EDUCATION IN HEALTH CARE
    EIN:
    93-0988354
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 8,850 2,000   6,850

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

    TY 2020 ExpenditureResponsibilityStmt
    Name:
    HEATHERINGTON FOUNDATION FOR INNOVATION
     
    AND EDUCATION IN HEALTH CARE
    EIN:
    93-0988354
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    OSTEOPATHY PHYSICIANS & SURGEONS OF OREGON
          		2121 SW BROADWAY SUITE 115
    PORTLAND,OR97205     		2020-07-01 100,000 SUPPORT EDUCATION & RESEARCH TO ENSURE HIGHEST QUALITY, COMPRESHENSIVE HEALTH & PATIENT CARE 100,000 N/A   2020-12-31  
    WILSON STRATEGICSTATE OF REFORM
          		19101 36TH AVE W SUITE 203
    LYNNWOOD,WA98199     		2020-07-01 15,000 SUPPORT EDUCATIONAL PROGRAMS TO BRIDGE THE GAP BETWEEN HEALTH CARE AND HEALTH POLICY 15,000 N/A   2020-12-31  

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    HEATHERINGTON FOUNDATION FOR INNOVATION
     
    AND EDUCATION IN HEALTH CARE
    EIN:
    93-0988354
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBVIE INC COM (ABBV) 14,144 14,144
    ADOBE INC (ADBE) 185,545 185,545
    ADVANCE AUTO PARTS (AAP) 15,436 15,436
    AGILENT TECHNOLOGIES (A) 42,775 42,775
    AIRBNB INC CL A (ABNB) 41,985 41,985
    AKAMAI TECHNOLOGIES INC (AKAM) 45,776 45,776
    ALCON INC (ALC) 6,664 6,664
    ALEXION PHARM INC (ALXN) 90,932 90,932
    ALIBABA GROUP HLDG LTD (BABA) 14,895 14,895
    ALLEGION PUB LTD CO (ALLE) 51,905 51,905
    ALNYLAM PHARMACEUTICALS INC (ALNY) 56,667 56,667
    ALPHABET INC CL A (GOOGL) 411,870 411,870
    ALPHABET INC CL C (GOOG) 317,090 317,090
    AMAZON COM INC (AMZN) 882,628 882,628
    AMC NETWORKS INC CL A (AMCX) 8,370 8,370
    AMERICAN EXPRESS CO (AXP) 70,007 70,007
    AMERICAN TOWER REIT COM (AMT) 90,008 90,008
    AMGEN INC (AMGN) 19,313 19,313
    ANALOG DEVICES INC (ADI) 52,592 52,592
    ANHEUSER BUSCH INBEV SA SPON (BUD) 180,787 180,787
    ANSYS INC (ANSS) 44,020 44,020
    APPLE INC (AAPL) 633,727 633,727
    APTIV PLC (APTV) 14,592 14,592
    ASML HOLDING NV NY REG NEW (ASML) 68,281 68,281
    ASPEN TECHNOLOGY INC (AZPN) 45,197 45,197
    ASTRAZENECA PLC ADR (AZN) 58,788 58,788
    ATLASSIAN CORP PLC CL A (TEAM) 58,935 58,935
    AUTODESK INC DELAWARE (ADSK) 34,809 34,809
    AXALTA COATING SYSTEMS LTD. (AXTA) 152,628 152,628
    BAKER HUGHES COMPANY CL A (BKR) 56,420 56,420
    BALL CORPORATION (BLL) 62,710 62,710
    BANK OF AMERICA CORP (BAC) 147,488 147,488
    BENTLEY SYS INC COM CL B (BSY) 29,329 29,329
    BERKLEY W R CORP (WRB) 182,256 182,256
    BERKSHIRE HATHAWAY CL-B NEW (BRK'B) 139,586 139,586
    BIOGEN INC COM (BIIB) 23,996 23,996
    BIOMARIN PHARMAC SE (BMRN) 9,558 9,558
    BLACK KNIGHT INC (BKI) 162,476 162,476
    BOOKING HOLDINGS INC (BKNG) 173,727 173,727
    BOOZ ALLEN HAMILTON HLDG CL-A (BAH) 41,585 41,585
    BRIGHT HORIZONS FAMILY SOLUT (BFAM) 43,075 43,075
    BRISTOL MYERS SQUIBB CO (BMY) 39,327 39,327
    BROADCOM INC (AVGO) 106,398 106,398
    BROOKFIELD ASSET MGNT CL A LTD (BAM) 126,039 126,039
    BURLINGTON STORES INC (BURL) 38,186 38,186
    CARGURUS INC CL A (CARG) 48,579 48,579
    CARMAX INC (KMX) 52,331 52,331
    CARRIER GLOBAL CORPORATION (CARR) 10,222 10,222
    CATERPILLAR INC (CAT) 45,869 45,869
    CDW CORPORATION (CDW) 58,119 58,119
    CERENCE INC (CRNC) 4,019 4,019
    CERNER CORP (CERN) 142,127 142,127
    CHARLES RIVER LABS INTL INC (CRL) 296,334 296,334
    CHEMED CORPORATION (CHE) 50,598 50,598
    CHENIERE ENERGY INC (LNG) 177,209 177,209
    CHIPOTLE MEXICAN GRILL INC COM (CMG) 137,284 137,284
    CHURCH & DWIGHT CO INC (CHD) 39,428 39,428
    CIENA CORP NEW (CIEN) 33,665 33,665
    CINTAS CORP (CTAS) 42,062 42,062
    CITRIX SYSTEMS INC (CTXS) 21,727 21,727
    COMCAST CORP (NEW) CLASS A (CMCSA) 118,634 118,634
    COOPER CO INC NEW (COO) 104,999 104,999
    COPART INC (CPRT) 112,107 112,107
    COSTAR GROUP INC (CSGP) 91,504 91,504
    COSTCO WHOLESALE CORP NEW (COST) 16,202 16,202
    CREE RESEARCH INC (CREE) 20,439 20,439
    CROWN CASTLE INTL CORP (CCI) 53,329 53,329
    DANAHER CORPORATION (DHR) 71,307 71,307
    DANONE SPONSORED ADR (DANOY) 60,679 60,679
    DIAGEO PLC SPON ADR NEW (DEO) 175,167 175,167
    DIODES INC (DIOD) 54,144 54,144
    DISCOVERY INC SER A (DISCA) 16,158 16,158
    DOCUSIGN INC (DOCU) 132,713 132,713
    DOLBY CLA A COM STK (DLB) 15,152 15,152
    DUN & BRADSTREET HLDGS INC (DNB) 98,231 98,231
    ECOLAB INC (ECL) 16,011 16,011
    ELANCO ANIMAL HEALTH INC (ELAN) 49,317 49,317
    ELI LILLY & CO (LLY) 61,458 61,458
    ENTEGRIS INC (ENTG) 51,798 51,798
    EQUIFAX INC (EFX) 57,466 57,466
    EQUINIX INC (EQIX) 85,702 85,702
    ESTEE LAUDER CO INC CL A (EL) 34,871 34,871
    ETSY INC COM (ETSY) 59,600 59,600
    EXPONENT INC (EXPO) 34,301 34,301
    FACEBOOK INC CL-A (FB) 479,123 479,123
    FAIR ISAAC & CO INC (FICO) 40,883 40,883
    FASTENAL CO (FAST) 134,429 134,429
    FERRARI N V (RACE) 43,609 43,609
    FIDELITY NATL INFORMATION SE (FIS) 16,268 16,268
    FIREEYE INC (FEYE) 15,612 15,612
    FIRST REPUBLIC BANK (FRC) 44,814 44,814
    FLIR SYSTEMS INC (FLIR) 38,176 38,176
    FLOOR & DECOR HLDGS INC CL-A (FND) 42,247 42,247
    FORTINET INC (FTNT) 40,252 40,252
    FOX CORP CL B (FOX) 74,886 74,886
    FREEPORT-MCMORAN CL-B (FCX) 14,337 14,337
    GENERAC HLDGS INC COM (GNRC) 70,497 70,497
    GENL DYNAMICS CORP (GD) 53,426 53,426
    GOLDMAN SACHS GRP INC (GS) 118,933 118,933
    GUARDANT HEALTH INC (GH) 21,136 21,136
    HIS MARKIT LTD (INFO) 15,900 15,900
    HOME DEPOT INC (HD) 18,328 18,328
    HORIZON THERAPEUTICS PUB LTD (HZNP) 51,790 51,790
    HUNTINGTON INGALLS INDUSTRIES (HII) 26,083 26,083
    IDEX CORPORATION DELAWARE (IEX) 41,035 41,035
    IHS MARKIT LTD (INFO) 142,740 142,740
    ILL TOOL WORKS INC (ITW) 154,133 154,133
    IMMUNOGEN INC (IMGN) 2,612 2,612
    INTERACTIVE BROKERS GROUP CL A (IBKR) 33,140 33,140
    INTUIT INC (INTU) 80,528 80,528
    IONIS PHARMACEUTICALS INC (IONS) 16,623 16,623
    IQVIA HOLDINGS INC (IQV) 73,997 73,997
    JACK HENRY & ASSOC INC (JKHY) 38,392 38,392
    JOHNSON CTLS INTL PLC (JCI) 46,640 46,640
    JPMORGAN CHASE & CO (JPM) 156,296 156,296
    KEYSIGHT TECHNOLOGIES INC (KEYS) 49,798 49,798
    KLA CORPORATION 55,407 55,407
    LAMB WESTON HLDGS INC COM (LW) 28,976 28,976
    LENNAR CORPORATION (LEN) 201,705 201,705
    LENNOX INTL INC (LII) 51,506 51,506
    LIBERTY BROADBAND CORP S-A (LBRDA) 3,152 3,152
    LIBERTY BROADBAND CORP S-C (LBRDK) 5,543 5,543
    LIBERTY MEDIA C SER A SIRIUSXM (LSXMA) 3,239 3,239
    LIBERTY MEDIA C SER C SIRIUSXM (LSXMK) 6,570 6,570
    LIBERTY MEDIA CORP SER A (FWONA) 1,026 1,026
    LIBERTY MEDIA CORP SER C (FWONK) 122,731 122,731
    LINDE PLC (LIN) 56,918 56,918
    LIONS GATE ENTMNT CORP CL B (LGF'B) 3,695 3,695
    LOCKEHEED MARTIN CORP (LMT) 37,628 37,628
    LOWES COMPANIES INC (LOW) 189,562 189,562
    LULULEMON ATHLETICA INC (LULU) 52,901 52,901
    LYONDELLBASELL NV CL-A (LYB) 44,180 44,180
    MARKEL CORP (HOLDING CO) (MKL) 106,430 106,430
    MASCO CORP (MAS) 43,505 43,505
    MASTERCARD INC CL A (MA) 249,501 249,501
    MC CORMICK AND CO NON VOTING (MKC) 40,917 40,917
    MEDTRONIC PLC SHS (MDT) 9,723 9,723
    METTLER TOLEDO INTL (MTD) 53,565 53,565
    MICROSOFT CORP (MSFT) 582,296 582,296
    MONOLITHIC PWR SYSTEMS INC (MPWR) 56,399 56,399
    MONSTER BEVERAGE CORP NEW COM (MNST) 18,866 18,866
    MOODYS CORP (MCO) 59,789 59,789
    MORGAN STANLEY (MS) 204,494 204,494
    MSCI INC COM (MSCI) 138,424 138,424
    NATIONAL OILWELL VARCO INC (NOV) 6,384 6,384
    NETFLIX INC (NFLX) 53,532 53,532
    NEUROCRINE BIOSCIENCES INC (NBIX) 25,975 25,975
    NIKE INC B (NKE) 132,416 132,416
    NORDSON CP (NDSN) 64,103 64,103
    NOW INC (DNOW) 4,552 4,552
    NUANCE COMMUNICATIONS INC (NUAN) 10,670 10,670
    NUCOR CORPORATION (NUE) 12,606 12,606
    NUTANIX INC CL A (NTNX) 12,493 12,493
    NVIDIA CORPORATION (NVDA) 123,239 123,239
    NXP SEMICONDUCTORS NV (NXPI) 189,699 189,699
    ORACLE CORP (ORCL) 163,860 163,860
    OTIS WORLDWIDE CORP (OTIS) 9,119 9,119
    PALO ALTO NETWORKS INC (PANW) 21,679 21,679
    PAYCOM SOFTWARE INC (PAYC) 53,366 53,366
    PAYPAL HLDGS INC COM (PYPL) 133,728 133,728
    PENTAIR PLC (PNR) 8,017 8,017
    PEPSICO INC NC (PEP) 138,067 138,067
    POLARIS INC (PII) 61,646 61,646
    POOL CORP (POOL) 131,865 131,865
    QUALCOMM INC (QCOM) 26,964 26,964
    QUALYS INC COM (QLYS) 47,286 47,286
    QURATE RETAIL INC SER A (QRTEA) 5,057 5,057
    RAYMOND JAMES FINCL INC (RJF) 35,302 35,302
    RAYTHEON TECHNOLOGIES CORP (RTX) 157,036 157,036
    RESMED INC (RMD) 43,150 43,150
    ROLLINS INC (ROL) 41,180 41,180
    SALESFORCE.COM, INC. (CRM) 95,910 95,910
    SEAGATE TECHNOLOGY PLC (STX) 34,002 34,002
    SERVICENOW INC (NOW) 52,841 52,841
    SITEONE LANDSCAPE SUPPLY INC (SITE) 83,757 83,757
    SKYWORKS SOLUTIONS INC (SWKS) 48,310 48,310
    SPLUNK INC (SPLK) 23,275 23,275
    SQUARE INC CLASS A (SQ) 65,727 65,727
    STARBUCKS CORP WASHINGTON (SBUX) 170,847 170,847
    STATE STREET CORP (STT) 61,645 61,645
    STERIS PLC (STE) 39,424 39,424
    STRYKER CORP (SYK) 159,521 159,521
    SUN COMMUNITIES INC (SUI) 30,542 30,542
    SYNCHRONY FINANCIAL (SYF) 51,648 51,648
    SYNOPSYS INC (SNPS) 61,440 61,440
    TAKE TWO INTERACTIVE SOFTWARE (TTWO) 62,960 62,960
    TE CONNECTIVITY LTD NEW (TEL) 77,606 77,606
    TELEDYNE TECH INC (TDY) 36,062 36,062
    TERADYNE INC (TER) 105,863 105,863
    TESLA INC (TSLA) 69,861 69,861
    TEXAS INSTRUMENTS (TXN) 65,160 65,160
    THE SCOTTS MIRACLE-GRO COMPANY (SMG) 119,086 119,086
    THERMO FISHER SCIENTIFIC (TMO) 174,202 174,202
    THOR INDUSTRIES INC (THO) 60,444 60,444
    TJX COS INC NEW (TJX) 148,189 148,189
    TRANSUNION (TRU) 54,273 54,273
    TWILIO INC CL A (TWLO) 57,545 57,545
    TWITTER INC (TWTR) 42,616 42,616
    UBER TECHNOLOGIES INC (UBER) 96,900 96,900
    ULTA BEAUTY INC (ULTA) 14,932 14,932
    UNION PACIFIC CORP (UNP) 88,910 88,910
    UNITED PARCEL SER INC CL-B (UPS) 23,408 23,408
    UNITEDHEALTH GP INC (UNH) 304,741 304,741
    VEEVA SYS INC CL A (VEEV) 43,832 43,832
    VERTEX PHARMACEUTICALS (VRTX) 47,268 47,268
    VISA INC CL A (V) 283,474 283,474
    VMWARE INC CLASS A (VMW) 16,130 16,130
    W W GRAINGER INC (GWW) 24,909 24,909
    WALT DISNEY CO HLDG CO (DIS) 156,177 156,177
    WELLS FARGO & CO NEW (WFC) 48,892 48,892
    WEST PHARMACEUTICAL SVCS INC (WST) 43,630 43,630
    WESTERN DIGITAL CORPORATION (WDC) 24,704 24,704
    WILLIAMS SONOMA (WSM) 49,087 49,087
    WIX COM LTD (WIX) 50,992 50,992
    WORKDAY INC CL A (WDAY) 250,392 250,392
    ZEBRA TECH CL-A (ZBRA) 143,739 143,739
    ZOETIS INC CLASS-A (ZTS) 99,466 99,466

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    HEATHERINGTON FOUNDATION FOR INNOVATION
     
    AND EDUCATION IN HEALTH CARE
    EIN:
    93-0988354
    US Government Securities - End of Year Book Value:

    10,968,171
    US Government Securities - End of Year Fair Market Value:

    10,968,171
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2020 LegalFeesSchedule
    Name:
    HEATHERINGTON FOUNDATION FOR INNOVATION
     
    AND EDUCATION IN HEALTH CARE
    EIN:
    93-0988354
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL 1,190 0   1,190


    TY 2020 OtherAssetsSchedule
    Name:
    HEATHERINGTON FOUNDATION FOR INNOVATION
     
    AND EDUCATION IN HEALTH CARE
    EIN:
    93-0988354
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ACCRUED DIVIDENDS AND INTEREST 182,088 70,676 70,676
    DEPOSITS 10,979 10,979 10,979


    TY 2020 OtherExpensesSchedule
    Name:
    HEATHERINGTON FOUNDATION FOR INNOVATION
     
    AND EDUCATION IN HEALTH CARE
    EIN:
    93-0988354
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE EXPENSE 13,730 0   13,730
    OTHER ADMINISTRATION EXPENSE 3,225 0   3,725
    INSURANCE 11,861 0   11,861
    DUES AND SUBSCRIPTIONS 76,183 0   76,183


    TY 2020 OtherIncreasesSchedule
    Name:
    HEATHERINGTON FOUNDATION FOR INNOVATION
     
    AND EDUCATION IN HEALTH CARE
    EIN:
    93-0988354
    Description Amount
    UNREALIZED GAIN ON INVESTMENTS 3,335,474


    TY 2020 OtherLiabilitiesSchedule
    Name:
    HEATHERINGTON FOUNDATION FOR INNOVATION
     
    AND EDUCATION IN HEALTH CARE
    EIN:
    93-0988354
    Description Beginning of Year - Book Value End of Year - Book Value
    DUE TO FAMILCARE 0 87,202


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    HEATHERINGTON FOUNDATION FOR INNOVATION
     
    AND EDUCATION IN HEALTH CARE
    EIN:
    93-0988354
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT 123,275 123,275   0