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 08-01-2020 , and ending 07-31-2021
Name of foundation
ALBERT AND ELAINE BORCHARD
FOUNDATION INC
Number and street (or P.O. box number if mail is not delivered to street address)2550 NORTH HOLLYWOOD WAY NO 205
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BURBANK, CA91505
A Employer identification number

95-3294377
B Telephone number (see instructions)

(818) 565-1020
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$44,246,577J 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) 72,386
2 Check bullet.............
3 Interest on savings and temporary cash investments 785 785  
4 Dividends and interest from securities... 188,830 188,830  
5a Gross rents............ 1,777,213 1,777,213  
b Net rental income or (loss) 735,915
6a Net gain or (loss) from sale of assets not on line 10 590,074
b Gross sales price for all assets on line 6a 10,370,990
7 Capital gain net income (from Part IV, line 2)... 590,074
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment -10,518 0  
12 Total. Add lines 1 through 11........ 2,618,770 2,556,902  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 426,144 315,347   110,797
14 Other employee salaries and wages...... 52,058 38,523   13,535
15 Pension plans, employee benefits....... 4,094 3,030   1,064
16a Legal fees (attach schedule)......... Click to see attachment 16,481 16,481   0
b Accounting fees (attach schedule)....... Click to see attachment 5,000 3,700   1,300
c Other professional fees (attach schedule).... Click to see attachment 241,582 234,064   7,518
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 179,616 165,848   0
19 Depreciation (attach schedule) and depletion... Click to see attachment 64,928 0  
20 Occupancy.............. 17,300 12,802   4,498
21 Travel, conferences, and meetings....... 2,610 1,931   679
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 708,802 694,809   13,993
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,718,615 1,486,535   153,384
25 Contributions, gifts, grants paid....... 1,400,622 1,400,622
26 Total expenses and disbursements. Add lines 24 and 25 3,119,237 1,486,535   1,554,006
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -500,467
b Net investment income (if negative, enter -0-) 1,070,367
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............. 67,201 257,360 257,360
2 Savings and temporary cash investments......... 4,070,393 4,363,298 4,363,298
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 8,808,014 Click to see attachment7,635,371 8,032,646
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet9,759,576
Less: accumulated depreciation (attach schedule) bullet5,750,943 4,073,561 Click to see attachment4,008,633 29,650,000
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 979,455 Click to see attachment1,325,862 1,499,854
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment444,919 Click to see attachment443,419 Click to see attachment443,419
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 18,443,543 18,033,943 44,246,577
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment137,318 Click to see attachment229,764
23 Total liabilities (add lines 17 through 22)......... 137,318 229,764
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 12,776,868 12,776,868
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 5,529,357 5,027,311
29 Total net assets or fund balances (see instructions)..... 18,306,225 17,804,179
30 Total liabilities and net assets/fund balances (see instructions). 18,443,543 18,033,943
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
18,306,225
2
Enter amount from Part I, line 27a .....................
2
-500,467
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
17,805,758
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
1,579
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
17,804,179
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 CAPTIAL GAINS DIVIDENDS P    
b SALE OF SECURITIES   2020-08-01 2021-07-31
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 173,973     173,973
b 10,197,017   9,780,916 416,101
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       173,973
b       416,101
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 2 590,074
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 14,878
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 14,878
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 14,878
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 15,010
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 15,010
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 10 132
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet132 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)
    bulletCA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.BORCHARDFOUNDATION.ORG
    14
    The books are in care ofbulletJENNIFER MILLS Telephone no.bullet (818) 565-1020

    Located atbullet2550 NORTH HOLLYWOOD WAY SUITE 205BURBANKCA ZIP+4bullet91505
    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? .................
    16Yes  
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bulletFR
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
    No
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    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
    JANNA BELING DIRECTOR, EXEC, PRESIDENT
    20.00     		112,500 0 618
    2550 NORTH HOLLYWOOD WAY SUITE 205
    BURBANK,CA91505
    KRISTEN BELING DIRECTOR, SECRETARY
    20.00     		51,250 0 0
    2550 NORTH HOLLYWOOD WAY SUITE 205
    BURBANK,CA91505
    MICHAEL SPURGEON DIRECTOR, EXEC, VICE PRESIDENT
    20.00     		82,501 0 0
    2550 NORTH HOLLYWOOD WAY SUITE 205
    BURBANK,CA91505
    STEPHEN SPURGEON DIRECTOR
    20.00     		20,000 0 0
    2550 NORTH HOLLYWOOD WAY SUITE 205
    BURBANK,CA91505
    MARY JANE CICCARELLO DIRECTOR
    20.00     		67,625 0 0
    2550 NORTH HOLLYWOOD WAY SUITE 205
    BURBANK,CA91505
    ANDREW DWIGHT HOTCHKISS DIRECTOR
    20.00     		22,500 0 0
    2550 NORTH HOLLYWOOD WAY SUITE 205
    BURBANK,CA91505
    JENNIFER MILLS CFO
    20.00     		69,150 0 0
    2550 NORTH HOLLYWOOD WAY SUITE 205
    BURBANK,CA91505
    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
    ROUBINA MOVSESSIAN ADMIN ASST/BOOKKEEPE
    40.00     		52,058 0 0
    2550 N HOLLYWOOD BLVD STE 205
    BURBANK,CA91505
    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
    8,546,530
    b
    Average of monthly cash balances.......................
    1b
    5,360,028
    c
    Fair market value of all other assets (see instructions)................
    1c
    29,650,000
    d
    Total (add lines 1a, b, and c).........................
    1d
    43,556,558
    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
    43,556,558
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    653,348
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    42,903,210
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    2,145,161
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    2,145,161
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    14,878
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    14,878
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,130,283
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    2,130,283
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    2,130,283
    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
    1,554,006
    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
    1,554,006
    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
    1,554,006
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 2,130,283
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 707,346
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 1,554,006
    a Applied to 2019, but not more than line 2a 707,346
    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..... 846,660
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		1,283,623
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    ALBERT AND ELAINE BORCHARD FOUNDATI
    2550 N HOLLYWOOD WAY SUITE 205
    BURBANK,CA91505
    (818) 565-1020
    INFO@BORCHARDFOUNDATION.ORG
    bThe form in which applications should be submitted and information and materials they should include:
    SEE WEBSITE AT WWW.BORCHARDFOUNDATION.ORG
    cAny submission deadlines:
    APRIL 1 AND OCTOBER 1
    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
    CASA FOR CHILDREN INC
    1401 NE 68TH AVENUE
    PORTLAND,OR97213     		  PC GRANT FOR EXPANDING ADVOCACY FOR CHILDREN IN FOSTER CARE 150,000
    OLIVE CREST
    4285 NORTH RANCHO DRIVE SUITE 160
    LAS VEGAS,NV89130     		  PC GRANT TO SUPPORT FOR MENTAL HEALTH AND HOUSING FOR AT-RISK CHILDREN 150,000
    HOMEBOY INDUSTRIES
    130 W BRUNO ST
    LOS ANGELES,CA90012     		  PC GRANT FOR TRANSORMATIONAL HEALING AND SUPPORT SERVICES 75,000
    RONALD MCDONALD HOUSE
    4560 FOUNTAIN AVENUE
    LOS ANGELES,CA90029     		  PC GRANT IN SUPPORT OF OPERATION 75,000
    916 INK
    3301 37TH AVENUE
    SACRAMENTO,CA95824     		  PC GRANT IN SUPPORT OF "FIND YOUR VOICE" PROJECT 70,000
    BRICEIDA CUEVAS COB
    2550 NORTH HOLLYWOOD WAY NO 205
    BURBANK,CA91505     		  I CENTER FOR LITERARY ARTS AWARD 50,050
    COOL EFFECT INC
    100 DRAKES LANDING
    GREENBRAE,CA94904     		  PC GRANT IN SUPPORT OF ACTION AGAINST CLIMATE CHANGE 50,000
    USC THORNTON SCHOOL OF MUSIC
    ASSISTANT DEAN OF ADVANCEMENT 840
    WEST 34TH STREET MUS 408D
    LOS ANGELES,CA90089     		  PC FRANCO-AMERICAINES DE MUSIQUE DE CHAMBRE 40,000
    ABA COMMISSION ON LAW AND AGING
    1050 CONNECTICUT AVENUE NW SUITE
    400
    WASHINGTON,DC20036     		  PC GRANT FOR OPERATIONAL SUPPORT 40,000
    THE REGENTS OF THE UNIVERSITY OF CA
    UNIVERSITY OF CALIFORNIA IRVINE
    IRVINE,CA92697     		  PC GRANT IN SUPPORT OF CERS GRADUATE RESEARCH FELLOWSHIP PROJECT 35,000
    JUSTICE IN AGING
    1444 EYE ST NW SUITE 1100
    WASHINGTON,DC20005     		  PC GRANT FOR GENERAL OPERATING EXP. FOR HOUSING ADVOCACY 35,000
    REGENTS OF THE UNIVERSITY OF CA
    OFFICE OF DEVELOPMENT 4219 CHEADLE
    HALL UNIVERSITY OF CALIFORNIA
    SANTA BARBARA,CA93106     		  PC GRANT FOR EUROPEAN STUDIES FOR ACADEMIC YEAR 2021-2022 30,000
    UNIVERSITY OF SOUTHERN CALIFORNIA
    3501 TROUSDALE PARKWAY
    LOS ANGELES,CA90089     		  PC GRANT IN SUPPORT OF THE EUROPEAN STUDIES FELLOWSHIP PROGRAM THROUGH USC DORNSIFE COLLEGE OF LAS 30,000
    WESTSIDE FAMILY HEALTH CENTER
    3861 SEPULVEDA BOULEVARD
    CULVER CITY,CA90230     		  PC GRANT IN SUPPORT OF HEALTHCARE TO UNDERSERVED 25,000
    AD LUMEN PRESS
    AMERICAN RIVER COLLEGE ENGLISH DEPT
    4700 COLLEGE OAK DR
    SACRAMENTO,CA95841     		  PC GRANT IN SUPPORT OF OPERATIONS 25,000
    TEDDY BEAR CANCER FOUNDATION
    3892 STATE STREET SUITE 220
    SANTA BARBARA,CA93105     		  PC GRANT IN SUPPORT OF FAMILIES OF CHILDREN WITH CANCER 20,000
    HEALING CALIFORNIA
    545 S RAYMOND AVE
    PASADENA,CA91105     		  PC GRANT IN SUPPORT OF PROVIDING FREE MEDICAL CARE FOR NEEDY 20,000
    MAYA EDUCATIONAL FOUNDATION
    PO BOX 1483
    WELLFLEET,MA02667     		  PC GRANT IN SUPPORT OF 10 SCHOLARS IN CHIAPAS 20,000
    NORTHERN ILLINOIS UNIVERSITY
    203 LOWDEN HALL
    DEKALB,IL60115     		  PC 2021 ACAEMIC RESEARCH GRANT AWARD 20,000
    WURZWEILER SCHOOL OF SOCIAL WORK-YESHIVA
    YESHIVA UNIVERSITY 2495 AMSTERDAM
    AVE BELFER HALL
    NEW YORK,NY10033     		  PC EXPERIENCES OF LGBTQ PATIENTS AND FAMILIES 20,000
    TRUSTEES OF BOSTON UNIVERSITY
    25 BUICK ST 2ND FLOOR
    BOSTON,MA02215     		  PC GRANT FOR "REVAMPING SOCIAL SECURITY RULES FOR 21ST CENTURY FAMILIES" 19,344
    UNIVERSITY OF CENTRAL FLORIDA
    12201 RESEARCH PARKWAY SUITE 501
    ORLANDO,FL32826     		  PC GRANT FOR "EXAMINING FACILITY, QUALITY, AND STATE CONTEXTUAL FACTORS ASSOCIATED WITH COVID-19 OU... 18,799
    CLARIS HEALTH
    11500 OLYMPIC BLVD SUITE 570
    LOS ANGELES,CA90064     		  PC GRANT IN SUPPORT OF MOBILE MEDICAL UNIT 15,000
    CASA OF LOS ANGELES
    201 CENTRE PLAZA DRIVE SUITE 1100
    MONTEREY PARK,CA91754     		  PC GRANT FOR TRANSITION AGE YOUTH PROGRAM 15,000
    FOOD FORWARD INC
    7412 FULTON AVENUE SUITE 3
    NORTH HOLLYWOOD,CA91605     		  PC GRANT FOR 2020-2021 PRODUCE RECOVERY PROGRAM 12,500
    FOOD SHARE INC
    4156 SOUTHBANK ROAD
    OXNARD,CA93036     		  PC GRANT FOR ONGOING FOOD DISTRIBUTION PROGRAM 12,500
    LOS ANGELES REGIONAL FOOD BANK
    1734 E 41ST STREET
    LOS ANGELES,CA90058     		  PC GRANT FOR AT-RISK INDIVIDUALS IN LOS ANGELES COUNTY 12,500
    MEND
    10641 N SAN FERNANDOROAD
    PACOIMA,CA91331     		  PC GRANT IN SUPPORT OF 2021 SERVICES 12,500
    NEVADA PARTNERSHIP FOR HOMELESS YOUTH
    4981 SHIRLEY STREET
    LAS VEGAS,NV89119     		  PC GRANT IN SUPPORT OF SERVICES FOR HOMELESS YOUTH 12,500
    SACRAMENTO FOOD BANK & FAMILY SERVICES
    3333 THIRD AVENUE
    SACRAMENTO,CA95817     		  PC GRANT IN SUPPORT OF SERVICES 12,500
    SACRAMENTO LOAVES AND FISHES
    PO BOX 13495
    SACRAMENTO,CA95813     		  PC GRANT FOR DINING ROOM SERVICES PROGRAM 12,500
    THE MIDNIGHT MISSION
    601 S SAN PEDRO
    LOS ANGELES,CA90014     		  PC GRANT FOR MEALS & SUPPORT SERVICES FOR HOMELESS INDIVIDUALS,ELDERLY AND FAMILIES 12,500
    UNION STATION HOMELESS SERVICES
    825 E ORANGE GROVE BLVD
    PASADENA,CA91104     		  PC GRANT IN SUPPORT OF SERVICES 12,500
    WOMEN'S EMPOWERMENT
    1590 NORTH A STREET
    SACRAMENTO,CA95811     		  PC GRANT IN SUPPORT OF SERVICES 12,500
    RESCUE MISSION ALLIANCE
    12701 VAN NUYS BLVD SUITE A
    PACOIMA,CA91331     		  PC GRANT IN SUPPORT OF SERVICES 12,500
    LOS ANGELES MISSION
    303 EAST 5TH STREET
    LOS ANGELES,CA90013     		  PC GRANT FOR PROVIDING SERVICES TO HOMELESS 10,000
    UNION RESCUE MISSION
    545 S PEDRO STREET
    LOS ANGELES,CA90013     		  PC GRANT IN SUPPORT OF SERVICES 10,000
    RITA DOVE
    2550 NORTH HOLLYWOOD WAY NO 205
    BURBANK,CA91505     		  I FELLOWSHIP GRANT 2021 10,000
    ALVARO ENRIGUE
    2550 NORTH HOLLYWOOD WAY NO 205
    BURBANK,CA91505     		  I FELLOWSHIP GRANT 2021 10,000
    CHRISTIAN KIEFER
    2550 NORTH HOLLYWOOD WAY NO 205
    BURBANK,CA91505     		  I FELLOWSHIP GRANT 2021 10,000
    VALERIA LUISELLI
    2550 NORTH HOLLYWOOD WAY NO 205
    BURBANK,CA91505     		  I FELLOWSHIP GRANT 2021 10,000
    DOUGLAS WAYNE MANUEL II
    2550 NORTH HOLLYWOOD WAY NO 205
    BURBANK,CA91505     		  I FELLOWSHIP GRANT 2021 10,000
    LAUREN MARKHAM
    2550 NORTH HOLLYWOOD WAY NO 205
    BURBANK,CA91505     		  I FELLOWSHIP GRANT 2021 10,000
    NAYOMI MUNAWEERA
    2550 NORTH HOLLYWOOD WAY NO 205
    BURBANK,CA91505     		  I FELLOWSHIP GRANT 2021 10,000
    LUIS ALBERTO URREA
    2550 NORTH HOLLYWOOD WAY NO 205
    BURBANK,CA91505     		  I FELLOWSHIP GRANT 2021 10,000
    MIRIAM TOEWS
    2550 NORTH HOLLYWOOD WAY NO 205
    BURBANK,CA91505     		  I FELLOWSHIP GRANT 2021 10,000
    KATHERENA VERMETTE
    2550 NORTH HOLLYWOOD WAY NO 205
    BURBANK,CA91505     		  I FELLOWSHIP GRANT 2021 10,000
    BRENDA VAZQUEZ LOZANO
    2550 NORTH HOLLYWOOD WAY NO 205
    BURBANK,CA91505     		  I FELLOWSHIP GRANT 2021 10,000
    GUADALUPE SANCHEZ NETTEL
    2550 NORTH HOLLYWOOD WAY NO 205
    BURBANK,CA91505     		  I FELLOWSHIP GRANT 2021 10,000
    WESTSIDE INFANT-FAMILY NETWORK
    3701 STOCKER STREET SUITE 204
    LOS ANGELES,CA90008     		  PC GRANT IN SUPPORT OF IN-HOME MENTAL HEALTH FOR LOW-INCOME FAMILIES 10,000
    THE LOUIS MOREAU INSTITUE
    3053 DUMAINE
    NEW ORLEANS,LA70119     		  PC GRANT IN SUPPORT OF NEW MUSIC PRFORMANCE 2021 SEASON 10,000
    MAYA EDUCATIONAL FOUNDATION
    PO BOX 1483
    WELLFLEET,MA02667     		  PC GRANT IN SUPPORT OF SNA JTZ'IBAJOM WORK 10,000
    GLOBAL AIDS INTERFAITH ALLIANCE
    PO BOX 3829
    SAN RAFAEL,CA94912     		  PC GRANT FOR NURSING SCHOLARSHIP PROGRAM: STRENGTHENING MALAWI'S HEALTH WORKFORCE 10,000
    ABA COMMISSION ON LAW AND AGING
    1050 CONNECTICUT AVENUE NW SUITE
    400
    WASHINGTON,DC20036     		  PC NATIONAL AGING AND LAW CONFERENCE 2021 10,000
    JUSTICE IN AGING
    1444 EYE ST NW
    WASHINGTON,DC20005     		  PC GRANT FOR THE FELLOW GRANT PROGRAM 10,000
    DISABILITY LAW CENTER
    205 N 400 W
    SALT LAKE CITY,UT84103     		  PC GRANT TO HELP SENIORS MEET THEIR NEEDS FOR ADVANCED PLANNING 9,929
    CITY OF HOPE
    1500 E DUARTE RD
    DUARTE,CA91010     		  PC GRANT IN SUPPORT OF "CHILD LIFE PROGRAM" 5,000
    Total .................................bullet 3a 1,400,622
    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 ...........     		    14 785  
    4 Dividends and interest from securities....     14 188,830  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property     16 735,915  
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 590,074  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aFOREIGN EXCHANGE LOSS     		    01 -10,518  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 1,505,086 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,505,086
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2020
    Name of the organization
    ALBERT AND ELAINE BORCHARD
    FOUNDATION INC
    Employer identification number

    95-3294377
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    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
    Special Rules
    ......... 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
    ALBERT AND ELAINE BORCHARD
    FOUNDATION INC         		Employer identification number
    95-3294377
    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
    EDWARD D SPURGEON
     
    2928 HIGHLAND AVENUE
     
    SACRAMENTO, CA95818

    		$ 72,386


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (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
    ALBERT AND ELAINE BORCHARD
    FOUNDATION INC         		Employer identification number

    95-3294377
    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
    ALBERT AND ELAINE BORCHARD
    FOUNDATION INC         		Employer identification number

    95-3294377
    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 $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use 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 (c) Use 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 (c) Use 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 (c) Use 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:  

    TY 2020 AccountingFeesSchedule
    Name:
    ALBERT AND ELAINE BORCHARD
     
    FOUNDATION INC
    EIN:
    95-3294377
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 5,000 3,700   1,300

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

    TY 2020 DepreciationSchedule
    Name:
    ALBERT AND ELAINE BORCHARD
     
    FOUNDATION INC
    EIN:
    95-3294377
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    1900 SACRAMENTO 1986-03-31 1,947,460 1,947,460 SL 39.000000000000 0 0    
    RAILRPAD SPUR 1900 SACRAMENTO 1986-03-31 30,033   NC 0 % 0 0    
    1101-1131 MATEO ST. 1986-03-31 1,386,956 1,386,956 SL 39.000000000000 0 0    
    ROOF-MATEO 1986-03-31 43,040 43,040 200DB 7.000000000000 0 0    
    REFIGERATION EQUIPMENT MATEO STREET 1996-07-31 38,000 38,000 200DB 7.000000000000 0 0    
    1104 LAWRENCE ST. 1986-03-31 1,060,000 1,060,000 SL 39.000000000000 0 0    
    ROOF-1900 SACRAMENTO STREET 1992-05-20 160,563 160,563 200DB 7.000000000000 0 0    
    VARIOUS IMPR. INCL. SEISMIC RETROFIT AT 1900 SACRAMENTO AND PARKING LO 1995-12-31 298,465 298,465 200DB 7.000000000000 0 0    
    LOT 8TH AND WILSON 1993-08-11 589,518   NC 0 % 0 0    
    LOT 8TH AND LEMON 1997-01-07 94,919   NC 0 % 0 0    
    FENCE FOR 8TH AND LEMON 1998-12-26 5,975 5,975 200DB 7.000000000000 0 0    
    SEISMIC RETROFIT COSTS AT 1102-1104 LAWRENCE & MATEO STREET 1995-12-31 127,481 127,481 200DB 7.000000000000 0 0    
    NEW ROOF AT 1104 LAWRENCE 1998-12-31 55,881 55,881 200DB 7.000000000000 0 0    
    NEW ROOF AT 1102 LAWRENCE 2009-04-07 14,450 8,667 200DB 7.000000000000 0 0    
    NEW ROOF AT 1101-1131 MATEO ST. 1998-12-31 121,182 121,182 200DB 7.000000000000 0 0    
    NEW ASPHALT PAVING - MATEO 1999-09-24 24,500 24,500 200DB 7.000000000000 0 0    
    HEAT/AIRCONDITIONING UNIT 1102 LAWRENCE ST. 2001-01-22 6,200 6,200 200DB 7.000000000000 0 0    
    HEAT/AIRCONDITIONING UNIT 1104 LAWRENCE ST. 2002-03-04 5,250 5,250 200DB 7.000000000000 0 0    
    NEW ASPHALT PAVING - 1104 LAWRENCE 2003-11-28 62,134 57,988 200DB 7.000000000000 0 0    
    1900 SACRAMENTO TENANT IMPROVEMENT 2004-12-30 100,000 86,671 200DB 7.000000000000 0 0    
    ADDITIONAL IMPROVEMENT 2014-12-31 135,000 103,316 200DB 7.000000000000 21,123 0    
    1900 SACRAMENTO 6,684 SQFT. ACQD DRIVEWAY PROPERTY 2007-06-01 233,940   NC 0 % 0 0    
    1900 SACRAMENTO ASPHALT PAVING 2005-01-26 72,730 63,037 200DB 5.000000000000 0 0    
    MAJOR ROOF IMPROVEMENTS 1900 SAC & MATEO STREET 2017-07-31 76,548 48,652 200DB 7.000000000000 7,970 0    
    MAJOR ROOF IMPROVEEMNTS & HVAC PLATFORM LAWRENCE ST 2017-07-31 42,836 27,225 200DB 7.000000000000 4,460 0    
    1900 SACRAMENTO LAND 1986-03-31 1,294,330   NC 0 % 0 0    
    1101-1131 MATEO ST. LAND 1986-03-31 1,104,694   NC 0 % 0 0    
    1101-1131 MATEO ST. IMPROVEMENT 2019-07-31 18,950 948 SL 20.000000000000 948 0    
    PROJECT DEVELOPMENT SERVICES 2020-03-20 9,927 165 SL 20.000000000000 496 0    
    1111 MATEO ST. CONSTRUCTION 2020-03-20 198,543 3,309 SL 20.000000000000 9,927 0    
    1111 MATEO ST. ROOF REPAIRS 2020-03-26 68,950 1,149 SL 20.000000000000 3,448 0    
    CONSTRUCTION 2020-04-20 229,635 2,870 SL 20.000000000000 11,482 0    
    PROJECT DEVELOPMENT SERVICES 2020-04-21 11,482 144 SL 20.000000000000 574 0    
    ARTCHITECT PROJECT 2020-04-28 3,000 38 SL 20.000000000000 150 0    
    ARTCHITECT PROJECT 2020-05-02 6,055 76 SL 20.000000000000 303 0    
    1111 MATEO ST. CONSTRUCTION 2020-05-18 66,845 557 SL 20.000000000000 3,342 0    
    PROJECT DEVELOPMENT SERVICES 2020-05-19 3,342 28 SL 20.000000000000 167 0    
    HILLMANN CONSULTING 2020-06-08 129 1 SL 20.000000000000 6 0    
    HILLMANN CONSULTING 2020-06-25 2,581 11 SL 20.000000000000 129 0    
    1111,1121,1141, MATEO ST ARCHITECT 2019-10-31 1,000 38 SL 20.000000000000 50 0    
    PROJECT DESIGN 2020-01-02 3,052 89 SL 20.000000000000 153 0    
    PROECT DESIGN 2020-03-09 4,000 83 SL 20.000000000000 200 0    

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    ALBERT AND ELAINE BORCHARD
     
    FOUNDATION INC
    EIN:
    95-3294377
    Name of Stock End of Year Book Value End of Year Fair Market Value
    376 UNITS OF ACCENTURE PLC IRELAND CL A NEW 95,976 119,447
    604 UNITS OF MEDTRONIC PLC 68,676 79,311
    854 UNITS OF ABBOTT LABORATORIES 105,065 103,317
    1126 UNITS OF ABBVIE INC 118,688 130,954
    1878 UNITS OF ALTRIA GROUP INC 82,181 90,219
    1705 UNITS OF APPLE INC 240,706 248,691
    184 UNITS OF BLACKROCK INC 132,490 159,559
    883 UNITS OF CHEVRON CORP 84,689 89,899
    1943 UNITS OF CISCO SYSTEMS INC 88,670 107,584
    566 UNITS OF CROWN CASTLE INTL CORP NEW 94,015 109,289
    1240 UNITS OF DISCOVER FINANCIAL SERVICES 116,527 154,157
    337 UNITS OF DUKE ENERGY CORP NEW 29,832 35,422
    649 UNITS OF ARTHUR J GALLAGHER & COMPANY 78,049 90,412
    443 UNITS OF HOME DEPOT INC 124,071 145,388
    288 UNITS OF HONEYWELL INTL INC 58,760 67,331
    235 UNITS OF ILLINOIS TOOL WORKS INC 52,645 53,268
    1032 UNITS OF JPMORGAN CHASE & CO 153,031 156,637
    271 UNITS OF LOCKHEED MARTIN CORP 91,112 100,723
    1371 UNITS OF MERCK & COMPANY INC NEW 97,673 105,389
    898 UNITS OF MICROSOFT CORP 233,964 255,850
    1054 UNITS OF NEXTERA ENERGY INC 82,440 82,107
    1395 UNITS OF PAYCHEX INC 125,801 158,779
    1645 UNITS OF PEPSICO INC 242,399 258,183
    994 UNITS OF PHILIP MORRIS INTL INC 84,977 99,489
    1383 UNITS OF PHILLIPS 66 114,944 101,553
    480 UNITS OF PROCTER & GAMBLE CO 61,118 68,270
    800 UNITS OF PROLOGIS INC 84,566 102,432
    755 UNITS OF RPM INTERNATIONAL INC 62,960 65,376
    509 UNITS OF SNAP ON INC 98,823 110,952
    754 UNITS OF STARBUCKS CORP 78,114 91,558
    2033 UNITS OF US BANCORP DE NEW 101,683 112,913
    589 UNITS OF UNION PACIFIC CORP 123,189 128,849
    1635 UNITS OF VERIZON COMMUNICATIONS INC 92,287 91,201
    9370 UNITS OF ISHARES GOLD TRUST NEW 318,016 323,827
    7841 UNITS OF ISHARES U S & INTL HIGH YIELD CORP BOND ETF 397,900 396,912
    21661 UNITS OF ISHARES 1-5 YEAR INVESTMENT GRADE CORP BOND ETF 1,192,217 1,189,622
    16929 UNITS OF SPDR PORTFOLIO EMERGING MARKETS ETF 795,494 725,408
    12172 UNITS OF VANECK VECTORS GOLD MINERS ETF 397,278 425,046
    3558 UNITS OF VANGUARD MID CAP ETF 795,650 855,593
    4045 UNITS OF WISDOMTREE JAPAN HEDGED EQUITY FD ETF 238,695 241,729

    TY 2020 InvestmentsLandSchedule2
    Name:
    ALBERT AND ELAINE BORCHARD
     
    FOUNDATION INC
    EIN:
    95-3294377
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    LAND 3,347,434 0 3,347,434 10,169,644
    BUILDINGS 4,394,416 4,394,416 0 13,350,420
    BUILDING IMPROVEMENTS 2,017,726 1,356,527 661,199 6,129,936

    TY 2020 InvestmentsOtherSchedule2
    Name:
    ALBERT AND ELAINE BORCHARD
     
    FOUNDATION INC
    EIN:
    95-3294377
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    OWL ROCK TECHNOLOGY FINANCE CORP AT COST 1,325,862 1,499,854

    TY 2020 LegalFeesSchedule
    Name:
    ALBERT AND ELAINE BORCHARD
     
    FOUNDATION INC
    EIN:
    95-3294377
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES - RENTAL PROPERTIES 16,481 16,481   0


    TY 2020 OtherAssetsSchedule
    Name:
    ALBERT AND ELAINE BORCHARD
     
    FOUNDATION INC
    EIN:
    95-3294377
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    EDUC. CENTER, FRANCE 440,547 440,547 440,547
    DEPOSITS 4,372 2,872 2,872


    TY 2020 OtherDecreasesSchedule
    Name:
    ALBERT AND ELAINE BORCHARD
     
    FOUNDATION INC
    EIN:
    95-3294377
    Description Amount
    PRIOR PERIOD ADJUSTMENT 1,579


    TY 2020 OtherExpensesSchedule
    Name:
    ALBERT AND ELAINE BORCHARD
     
    FOUNDATION INC
    EIN:
    95-3294377
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MEMBERSHIP 2,542 0   2,542
    REPAIRS & MAINTENANCE 284 210   74
    INSURANCE 5,303 5,091   212
    INFORMATION TECHNOLOGY 4,976 3,682   1,294
    OTHER OFFICE EXPENSE 6,957 1,878   5,079
    MISCELLANEOUS EXPENSES 18,431 13,639   4,792
    MISC. RENTAL EXPENSES - RENTAL PROPERTIES 20,837 20,837   0
    INSURANCE - RENTAL PROPERTIES 86,938 86,938   0
    REPAIRS & MAINTENANCE - RENTAL PROPERTIES 152,701 152,701   0
    COMMISSION - RENTAL PROPERTIES 409,833 409,833   0


    TY 2020 OtherIncomeSchedule2
    Name:
    ALBERT AND ELAINE BORCHARD
     
    FOUNDATION INC
    EIN:
    95-3294377
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    FOREIGN EXCHANGE LOSS -10,518 0 -10,518


    TY 2020 OtherLiabilitiesSchedule
    Name:
    ALBERT AND ELAINE BORCHARD
     
    FOUNDATION INC
    EIN:
    95-3294377
    Description Beginning of Year - Book Value End of Year - Book Value
    SECURITY DEPOSITS 137,318 229,764


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    ALBERT AND ELAINE BORCHARD
     
    FOUNDATION INC
    EIN:
    95-3294377
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER PROFESSIONAL FEES 28,914 21,396   7,518
    INVESTMENT MGMT FEE 11,915 11,915   0
    SECURITY - RENTAL PROPERTIES 200,753 200,753   0


    TY 2020 TaxesSchedule
    Name:
    ALBERT AND ELAINE BORCHARD
     
    FOUNDATION INC
    EIN:
    95-3294377
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROPERTY TAX 9,834 9,834   0
    EXCISE TAX 13,768 0   0
    STATE & LOCAL TAXES 1,890 1,890   0
    FOREIGN TAXES 369 369   0
    PROPERTY TAX - RENTAL PROPERTIES 153,755 153,755   0