TY 2020 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0052

2020

Open to Public Inspection

For calendar year 2020, or tax year beginning 07-01-2020 , and ending 06-30-2021

Name of foundation
THE HASTINGS FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)924 S OAKLAND
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
PASADENA, CA91106

A Employer identification number

95-1642370

B Telephone number (see instructions)

(626) 440-1820

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$11,276,734J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)	1,149,345
2	Check .............
3	Interest on savings and temporary cash investments	1,946
4	Dividends and interest from securities...	180,662		180,662
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		275,785
b	Gross sales price for all assets on line 6a 2,353,363
7	Capital gain net income (from Part IV, line 2)...			275,785
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........	1,607,738		456,447
13	Compensation of officers, directors, trustees, etc.	32,000		4,800	27,200
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........		12,656	0	12,656
b	Accounting fees (attach schedule).......		8,000	4,000	4,000
c	Other professional fees (attach schedule)....		109,890	106,490	3,400
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		2,018	1,858	160
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		2,618	1,038	1,580
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	167,182		118,186	48,996
25	Contributions, gifts, grants paid.......	1,558,804			1,558,804
26	Total expenses and disbursements. Add lines 24 and 25	1,725,986		118,186	1,607,800
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-118,248
b	Net investment income (if negative, enter -0-)			338,261
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	426,054	327,188	327,188
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........	4,000
	10a	Investments—U.S. and state government obligations (attach schedule)	0	679,054	679,054
	b	Investments—corporate stock (attach schedule).......	6,009,515	7,905,777	7,905,777
	c	Investments—corporate bonds (attach schedule).......	2,613,274	1,711,244	1,711,244
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	527,229	653,471	653,471
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	5,000	0	0
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	9,585,072	11,276,734	11,276,734
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	9,585,072	11,276,734
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		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).....	9,585,072	11,276,734
	30	Total liabilities and net assets/fund balances (see instructions).	9,585,072	11,276,734

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

9,585,072

Enter amount from Part I, line 27a .....................

-118,248

Other increases not included in line 2 (itemize) bullet

1,809,910

Add lines 1, 2, and 3 ..........................

11,276,734

Decreases not included in line 2 (itemize) bullet

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

11,276,734

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.)		(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1 a	PUBLICLY TRADED SECURITIES	2019-01-01	2021-06-30
b	ST CAP GAINS DISTRIBUTION	2020-07-01	2021-06-30
c
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	2,351,798	2,077,578	274,220
b	1,565		1,565
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			274,220
b			1,565
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	275,785
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 ...................		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

Reserved...........................

Reserved,..........................

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 and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Reserved................................	1	4,702
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	4,702
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	4,702
6	Credits/Payments:

a	2020 estimated tax payments and 2019 overpayment credited to 2020	6a	8,735
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	8,735
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.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	4,033
11	Enter the amount of line 10 to be: Credited to 2021 estimated tax4,033	Refunded	11	0

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2020)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

JOHN REITH Telephone no. bullet

(626) 440-1820

Located at bullet

924 SOUTH OAKLAND AVEPASADENACA ZIP+4 bullet

91106

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

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?......................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?...............YesNo

(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.).......YesNo

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 ........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

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?.............

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)):

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?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?......................YesNo

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.)..................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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?

Form 990-PF (2020)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?.............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?.....YesNo

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 ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?..........YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....

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? .................YesNo

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-)
JOHN H REITH	PRESIDENT & TREASURER 6.00	6,000
924 S OAKLAND AVE PASADENA,CA91106	PRESIDENT & TREASURER 6.00	6,000
CHRISTIANNE F KERNS	VICE PRESIDENT 1.00	8,000
924 S OAKLAND AVE PASADENA,CA91106	VICE PRESIDENT 1.00	8,000
MICHAEL GUREVICH	SECRETARY 1.00	4,000
924 S OAKLAND AVE PASADENA,CA91106	SECRETARY 1.00	4,000
ANDREW CROWELL	ASSISTANT TREASURER 1.00	4,000
924 S OAKLAND AVE PASADENA,CA91106	ASSISTANT TREASURER 1.00	4,000
RICHARD H ZEISS	DIRECTOR 1.00	4,000
924 S OAKLAND AVE PASADENA,CA91106	DIRECTOR 1.00	4,000
GENE E GREGG	PRESIDENT (FORMER) 5.00	6,000
924 S OAKLAND AVE PASADENA,CA91106	PRESIDENT (FORMER) 5.00	6,000

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...................				0

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
FIRST REPUBLIC INVESTMENT MANAGEMENT	INVESTMENT MANAGEMENT AND OTHER FEES	106,928
111 PINE STREET SAN FRANCISCO,CA94111	INVESTMENT MANAGEMENT AND OTHER FEES	106,928

Total number of others receiving over $50,000 for professional services............. bullet

Part IX-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


2


3


4

Part IX-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Form 990-PF (2020)

Page 8

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

10,263,025

Average of monthly cash balances.......................

413,279

Fair market value of all other assets (see instructions)................

3,333

Total (add lines 1a, b, and c).........................

10,679,637

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

10,679,637

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

160,195

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

10,519,442

Minimum investment return. Enter 5% of line 5..................

525,972

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.)

Minimum investment return from Part X, line 6....................

525,972

Tax on investment income for 2020 from Part VI, line 5......

4,702

Income tax for 2020. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

4,702

Distributable amount before adjustments. Subtract line 2c from line 1............

521,270

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

521,270

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

521,270

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

1,607,800

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

1,607,800

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.................

Adjusted qualifying distributions. Subtract line 5 from line 4..............

1,607,800

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)

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				521,270
2 Undistributed income, if any, as of the end of 2020:
a Enter amount for 2019 only.......			408,459
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: $ 1,607,800
a Applied to 2019, but not more than line 2a			408,459
b Applied to undistributed income of prior years (Election required—see instructions).....		0
c Treated as distributions out of corpus (Election required—see instructions)........	1,149,345
d Applied to 2020 distributable amount.....				49,996
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	1,149,345
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 ..........				471,274
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) .......	1,149,345
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)

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 section4942(j)(3) or4942(j)(5)

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	(e) Total

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

aThe name, address, and telephone number or email address of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Form 990-PF (2020)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
USC SCHOOL OF MEDICINE 1975 ZONAL AVENUE LOS ANGELES,CA90033		PC	TO SUPPORT MEDICAL RESEARCH.	1,558,304
SUZANNE CROWELL MEMORIAL FUND OF THE UNIVERSITY KIDNEY RESEARCH ORG 1801 CENTURY PARK EAST 24TH FLOOR LOS ANGELES,CA90067		PC	TO SUPPORT MEDICAL RESEARCH.	500
Total ................................. 3a				1,558,804

bApproved for future payment

Total ................................. 3b				0

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	(e) Related or exempt function income (See instructions.)
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	1,946
4 Dividends and interest from securities....			14	180,662
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income.....
8 Gain or (loss) from sales of assets other than inventory ............			18	275,785
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		458,393	0

13Total. Add line 12, columns (b), (d), and (e)..................

458,393

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2020)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

Schedule B
(Form 990, 990-EZ,
or 990-PF)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2020

Name of the organization

THE HASTINGS FOUNDATION

Employer identification number

95-1642370

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Arrow Bullet

Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)

Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2

Name of organization THE HASTINGS FOUNDATION

Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
1	CHARLES HASTINGS TRUST 525 WILLIAM PENN PL STE 1302 PITTSBURGH, PA15259	$ 1,149,345	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2020)

Schedule B (Form 990, 990-EZ, or 990-PF) (2020)

Page 3

Name of organization THE HASTINGS FOUNDATION		Employer identification number 95-1642370

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990, 990-EZ, or 990-PF) (2020)

Schedule B (Form 990, 990-EZ, or 990-PF) (2020)

Page 4


Name of organization THE HASTINGS FOUNDATION			Employer identification number 95-1642370
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990, 990-EZ, or 990-PF) (2020)

Additional Data

Software ID:
Software Version:

- TIN:

TY 2020 AccountingFeesSchedule

Name:

THE HASTINGS FOUNDATION

EIN:

95-1642370

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING FEES	8,000	4,000		4,000

- TIN:

TY 2020 DistributionFromCorpusElection

Name:

THE HASTINGS FOUNDATION

EIN:

95-1642370

Election:

PURSUANT TO IRC SECTION 4942(H)(2) AND REGULATION 53.4942(A)-3(D)(2), THE FOUNDATION HEREBY ELECTS TO TREAT CURRENT YEAR QUALIFYING DISTRIBUTIONS IN EXCESS OF THE IMMEDIATELY PRECEDING TAX YEAR'S UNDISTRIBUTED INCOME AS BEING MADE OUT OF CORPUS.

- TIN:

TY 2020 InvestmentsCorpBondsSchedule

Name:

THE HASTINGS FOUNDATION

EIN:

95-1642370

Name of Bond	End of Year Book Value	End of Year Fair Market Value
GOLDMAN SACHS GROUP INC NOTE	92,787	92,787
NATIONAL RURAL UTILS COOP FIN BOND	91,432	91,432
GLAXOSMITHKLINE CAPITAL PLC NOTE	86,905	86,905
ORACLE CORP NOTE CALL MAKE WHOLE	76,159	76,159
PEPSICO INC NOTE CALL MAKE WHOLE	92,256	92,256
HOME DEPOT INC NOTE CALL MAKE WHOLE	93,284	93,284
UNITED PARCEL SVCS INC NOTE	93,251	93,251
APPLE INC NOTE CALL MAKE WHOLE	93,373	93,373
JPMORGAN CHASE &CO NOTE	97,590	97,590
BERKSHIRE HATHAWAY INC DEL NOTE	98,427	98,427
TARGET CORP NOTE CALL MAKE WHOLE	96,627	96,627
TJX COS INC NEW NOTE CALL MAKE WHOLE	84,171	84,171
HONEYWELL INTL INC NOTE CALL MAKE WHOLE	90,719	90,719
VISA INC NOTE CALL MAKE WHOLE	61,994	61,994
MORGAN STANLEY	72,674	72,674
INTUIT NOTE CALL MAKE WHOLE	49,957	49,957
EMERSON ELEC CO NOTE CALL MAKE WHOLE	82,025	82,025
DISNEY WALT CO NOTE CALL MAKE WHOLE	80,947	80,947
INTEL CORP NOTE CALL MAKE WHOLE	94,817	94,817
QUALCOMM INC NOTE CALL MAKE WHOLE	81,849	81,849

- TIN:

TY 2020 InvestmentsCorpStockSchedule

Name:

THE HASTINGS FOUNDATION

EIN:

95-1642370

Name of Stock	End of Year Book Value	End of Year Fair Market Value
VIRTUS KAR INTL SMALL CAP CL I(VIISX)	435,751	435,751
VIRTUS KAR LONG SHORT EQUITY I(VLSIX)	201,455	201,455
ALLEGION PLC ORD SHS(ALLE)	41,651	41,651
ACCENTURE PLC (ACN)	76,645	76,645
MEDTRONIC PLC (MDT)	56,603	56,603
PENTAIR PLC (PNR)	37,187	37,187
AFLAC INC COM USD0.10(AFL)	32,733	32,733
AIA GROUP ADR(AAGIY)	6,511	6,511
ACUSHNET HLDGS CORP COM(GOLF)	122,957	122,957
L AIR LIQUIDE ORD ADR(AIQUY)	20,978	20,978
ALPHABET INC CAP STK CL A(GOOGL)	114,764	114,764
AMERISOURCEBERGEN CORPORATION COM USD0.01 (ABC)	59,306	59,306
AMETEK INC COM (AME)	71,155	71,155
AMGEN INC (AMGN)	60,450	60,450
AMPHENOL CORP CLASS A COM USD0.001 (APH)	26,133	26,133
APPLE INC (AAPL)	74,917	74,917
APTARGROUP INC(ATR)	35,914	35,914
ARTISAN PARTNERS ASSET MANAGEMENT INC (APAM)	56,512	56,512
ASPEN TECHNOLOGY INC(AZPN)	155,558	155,558
ASSA ABLOY UNSP ADR EA REPR 0.50 ORD SHS (ASAZY)	5,064	5,064
ATLAS COPCO ADR REP CL A ORD(ATLKY)	5,514	5,514
ATRION CORP (ATRI)	34,772	34,772
AUTOHOME INC SPON ADS EACH REP 4 ORD SHS CL A (ATHM)	108,092	108,092
AUTOMATIC DATA PROCESSING INC COM USD0.10 (ADP)	97,324	97,324
BP PLC SPONSORED ADR(BP)	6,473	6,473
BECTON DICKINSON &CO COM USD1.00 (BDX)	79,280	79,280
BENTLEY SYS INC COM CL B (BSY)	36,536	36,536
BRAMBLES LTD SPON ADR EACH REP 2 ORD SHS (BXBLY)	12,969	12,969
BROADRIDGE FINANCIAL SOLUTION INC COM USD0.01 (BR)	84,157	84,157
BROOKS AUTOMATION INC NEW COM (BRKS)	67,935	67,935
BUNZL SPON ADR EACH REP 1 ORD(BZLFY)	4,752	4,752
CVS HEALTH CORPORATION COM USD0.01 (CVS)	68,087	68,087
CHEVRON CORP NEW COM(CVX)	41,372	41,372
CHUNGHWA TELECOM ADR EA REPR 10 ORD TWD10 (CHT)	5,489	5,489
COCA-COLA CO (KO)	58,547	58,547
COGNIZANT TECHNOLOGY SOLUTIONS CORP COM CL A USD0.01 (CTSH)	38,647	38,647
COMPUTERSHARE LTD SPON ADR EACH REP 1 ORD SHS (CMSQY)	11,965	11,965
CONAGRA BRANDS INC(CAG)	48,713	48,713
COOPER COS INC COM USD0.10(COO)	42,401	42,401
CORVEL CORP (CRVL)	84,475	84,475
DEUTSCHE POST AG SPONS ADR EA REPR 1 ORD SHS (DPSGY)	24,284	24,284
DOLBY LABORATORIES INC COM CL A(DLB)	35,286	35,286
DOLLAR GEN CORP NEW COM(DG)	62,537	62,537
DONALDSON COMPANY INC(DCI)	41,549	41,549
DRIL-QUIP INC COM(DRQ)	36,435	36,435
ELANCO ANIMAL HEALTH INC COM(ELAN)	48,323	48,323
EMCOR GROUP INC COM STK USD0.01(EME)	141,669	141,669
EQUIFAX INC COM USD1.25(EFX)	78,799	78,799
EXPONENT INC (EXPO)	32,829	32,829
FTI CONSULTING INC (FCN)	149,451	149,451
FACTSET RESEARCH SYSTEMS INC (FDS)	79,204	79,204
FIRST FINL BANKSHARES INC COM(FFIN)	30,166	30,166
FIRST HAWAIIAN INC COM(FHB)	117,611	117,611
GENERAL MILLS INC COM USD0.10(GIS)	24,920	24,920
GLAXOSMITHKLINE ADR REP TWO ORD (GSK)	10,831	10,831
GLOBAL PAYMENTS INC(GPN)	65,827	65,827
GLOBUS MEDICAL INC(GMED)	64,582	64,582
GRACO INC (GGG)	121,574	121,574
GRAINGER W W INC COM USD0.50(GWW)	65,700	65,700
HEICO CORP NEW CL A(HEIA)	43,960	43,960
HENRY JACK &ASSOCIATES INC COM USD0.01 (JKHY)	47,418	47,418
HOME DEPOT INC (HD)	38,905	38,905
HOULIHAN LOKEY INC CL A(HLI)	37,787	37,787
INTUIT INC (INTU)	58,330	58,330
JOHNSON &JOHNSON COM USD1.00(JNJ)	149,749	149,749
KDDI CORPORATION UNSP ADR EACH REPR 0.5 SHS (KDDIY)	18,311	18,311
KONINKLIJKE PHILIPS N V NY REGIS SHS NEW (PHG)	8,797	8,797
KROGER CO COM USD1.00(KR)	44,440	44,440
LPL FINANCIAL HOLDINGS INC(LPLA)	24,431	24,431
LAMB WESTON HLDGS INC COM(LW)	44,444	44,444
LANDSTAR SYSTEM INC (LSTR)	108,876	108,876
LATHAM GROUP INC COM(SWIM)	34,261	34,261
LEGAL & GENERAL GROUP PLC SPONSORED ADR (LGGNY)	10,017	10,017
LENNOX INTERNATIONAL INC COM USD0.01 (LII)	25,258	25,258
LOWES COMPANIES INC COM USD0.50 (LOW)	80,304	80,304
MANHATTAN ASSOCIATES INC COM(MANH)	119,493	119,493
MARSH &MCLENNAN COMPANIES INC COM USD1.00 (MMC)	87,081	87,081
MASTERCARD INCORPORATED CL A(MA)	36,144	36,144
MERCK &CO. INC COM (MRK)	45,729	45,729
MICROSOFT CORP (MSFT)	115,674	115,674
MICROCHIP TECHNOLOGY INC. COM(MCHP)	50,462	50,462
MITSUBISHI ELECTRIC ADR (MIELY)	14,209	14,209
MOELIS & CO (MC)	84,140	84,140
MOODYS CORP COM USD0.01(MCO)	29,352	29,352
NATIONAL GRID SPON ADR EACH REP 5 ORD SHS (POST SPLT) (NGG)	9,847	9,847
NESTLE ADR (NSRGY)	19,819	19,819
NIKE INC CLASS B COM NPV(NKE)	69,829	69,829
NIHON KOHDEN CORP UNSPONSORED ADR (NHNKY)	16,495	16,495
NORDSON CORP(NDSN)	31,609	31,609
NOVARTIS AG SPONSORED ADR(NVS)	15,693	15,693
OLD DOMINION FREIGHT LINE INC COM (ODFL)	40,862	40,862
ORGANON &CO COMMON STOCK(OGN)	1,755	1,755
BANK RAKYAT INDONESIA UNSP ADR EACH REPR 50 ORD B SHS (BKRKY)	3,845	3,845
PEPSICO INC (PEP)	97,200	97,200
TELKOM INDONESIA(PERSERO) TBK ADR EA REP 100 SER B IDR250 (TLK)	3,077	3,077
PFIZER INC (PFE)	56,430	56,430
POWER ASSETS HOLDINGS LIMITED SPONSORED ADR (HGKGY)	7,431	7,431
PRICESMART INC (PSMT)	58,701	58,701
PRIMERICA INC COM USD0.01(PRI)	128,025	128,025
PROCTER AND GAMBLE CO COM(PG)	29,280	29,280
QBE INSURANCE GROUP ADR(QBIEY)	9,259	9,259
RLI CORP COM USD1.00(RLI)	59,093	59,093
RBC BEARINGS INC(ROLL)	67,803	67,803
RECKITT BENCKISER GROUP PLC SPON ADR EACH REP 0.20 ORD SHS (RBGLY)	7,052	7,052
RIGHTMOVE UNSP ADR EACH REP 2 ORD SHS (RTMVY)	118,435	118,435
RIO TINTO ADR EACH REP 1 ORD(RIO)	7,047	7,047
ROCHE HOLDINGS ADR(RHHBY)	17,204	17,204
ROSS STORES INC (ROST)	130,944	130,944
ROYAL DUTCH SHELL ADR REP 2 CL B ORD (RDSB)	5,514	5,514
SANOFI ADR REP 1 1/2 ORD(SNY)	21,117	21,117
SAP ADR REP 1 ORD(SAP)	22,052	22,052
SIMPSON MFG INC COM (SSD)	122,809	122,809
SINGAPORE TELECOMMUNICATIONS ADR (SGAPY)	8,910	8,910
SITEONE LANDSCAPE SUPPLY INC COM (SITE)	40,115	40,115
SMUCKER J M CO COM NEW (SJM)	36,020	36,020
STANLEY BLACK & DECKER INC(SWK)	36,078	36,078
STARBUCKS CORP COM USD0.001(SBUX)	50,762	50,762
STATE STREET CORP (STT)	57,925	57,925
STRYKER CORPORATION COM (SYK)	72,724	72,724
SYSCO CORP (SYY)	41,985	41,985
TJX COMPANIES INC (TJX)	26,698	26,698
TAIWAN SEMICONDUCTOR MANUFACTURING SPON ADS EACH REP 5 ORD TWD10 (TSM)	4,927	4,927
TELEDYNE TECHNOLOGIES INC(TDY)	126,487	126,487
TELENOR ASA ADR EACH REPR 1 ORD NOK6 SPON (TELNY)	8,111	8,111
TEXAS INSTRUMENTS INC COM USD1.00 (TXN)	31,729	31,729
THERMO FISHER SCIENTIFIC INC(TMO)	41,871	41,871
3M CO (MMM)	75,082	75,082
TORO CO (TTC)	116,693	116,693
TRACTOR SUPPLY CO (TSCO)	24,560	24,560
US BANCORP(USB)	73,548	73,548
UNILEVER PLC SPON ADR NEW(UL)	63,648	63,648
UNITED OVERSEAS BK LTD SPONSORED ADR (UOVEY)	9,681	9,681
UNITED PARCEL SERVICE INC(UPS)	39,306	39,306
UNITEDHEALTH GROUP INC(UNH)	147,762	147,762
VERISK ANALYTICS INC COM (VRSK)	53,814	53,814
VODAFONE GROUP SPON ADR EACH REP 10 ORD (VOD)	7,058	7,058
VTECH HLDGS UNSP ADR EACH REPR 1 ORD SHS (VTKLY)	7,211	7,211
WASTE MANAGEMENT INC (WM)	30,544	30,544
WATTS WATER TECHNOLOGIES INC(WTS)	101,845	101,845
WEST PHARMACEUTICAL SERVICES INC (WST)	76,847	76,847
WOLTERS KLUWERS SPON ADR EACH REP 1 ORD SHS (WTKWY)	11,855	11,855
WOODSIDE PETROLEUM SPON ADR EACH REP 1 ORD SHS (WOPEY)	9,354	9,354
ZEBRA TECHNOLOGIES CORPORATION CL A (ZBRA)	69,363	69,363
ZURICH INSURANCE GROUP AG SPON ADR EACH REP 0.1 ORD SHS (ZURVY)	6,144	6,144

- TIN:

TY 2020 InvestmentsGovtObligationsSch

Name:

THE HASTINGS FOUNDATION

EIN:

95-1642370

US Government Securities - End of Year Book Value:

430,756

US Government Securities - End of Year Fair Market Value:

430,756

State & Local Government Securities - End of Year Book Value:

248,298

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

248,298

- TIN:

TY 2020 InvestmentsOtherSchedule2

Name:

THE HASTINGS FOUNDATION

EIN:

95-1642370

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
ISHARES MSCI TAIWAN ETF	FMV	4,157	4,157
ISHARES MSCI SINGAPORE ETF	FMV	9,645	9,645
ISHARES INC MSCI MLY ETF NEW	FMV	12,234	12,234
ISHARES S&P 500	FMV	31,384	31,384
ISHARES MSCI EAFE ETF	FMV	10,333	10,333
ARIXA SECURED INCOME FUND LLC	FMV	564,317	564,317
EQUITY LIFESTYLE PROPERTIES INC	FMV	21,401	21,401

- TIN:

TY 2020 LegalFeesSchedule

Name:

THE HASTINGS FOUNDATION

EIN:

95-1642370

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
LEGAL FEES	12,656	0		12,656

- TIN:

TY 2020 OtherAssetsSchedule

Name:

THE HASTINGS FOUNDATION

EIN:

95-1642370

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
LEGAL RETAINER	5,000	0	0

- TIN:

TY 2020 OtherExpensesSchedule

Name:

THE HASTINGS FOUNDATION

EIN:

95-1642370

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
INSURANCE	1,304	0	1,304
INVESTMENT FEES	1,038	1,038	0
FLOWERS - PRESIDENT'S FUNERAL	276	0	276

- TIN:

TY 2020 OtherIncreasesSchedule

Name:

THE HASTINGS FOUNDATION

EIN:

95-1642370

Description	Amount
NET UNREALIZED GAINS OR LOSSES ON INVESTMENTS	1,809,910

- TIN:

TY 2020 OtherProfessionalFeesSchedule

Name:

THE HASTINGS FOUNDATION

EIN:

95-1642370

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
MANAGEMENT FEES	105,890	105,890		0
OTHER PROFESSIONAL SERVICES	4,000	600		3,400

- TIN:

TY 2020 TaxesSchedule

Name:

THE HASTINGS FOUNDATION

EIN:

95-1642370

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
STATE FILING FEES	160	0		160
FOREIGN TAXES	1,858	1,858		0