Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
ALEX STERN FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)4141 28TH AVE S
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
FARGO, ND58104
A Employer identification number

45-6013981
B Telephone number (see instructions)

(701) 237-0170
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$10,374,971J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 99,353 99,353 99,353
4 Dividends and interest from securities... 177,459 177,459 177,459
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 430,675
b Gross sales price for all assets on line 6a 5,042,008
7 Capital gain net income (from Part IV, line 2)... 6,569
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 38,446 38,446 38,446
12 Total. Add lines 1 through 11........ 745,933 321,827 315,258
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages...... 20,000 4,000   16,000
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 5,540 5,540    
c Other professional fees (attach schedule).... Click to see attachment 33,712 33,712    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 5,266 138   551
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 3,750 750   3,000
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 11,572 10,768   804
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 79,840 54,908   20,355
25 Contributions, gifts, grants paid....... 511,387 511,387
26 Total expenses and disbursements. Add lines 24 and 25 591,227 54,908   531,742
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 154,706
b Net investment income (if negative, enter -0-) 266,919
c Adjusted net income (if negative, enter -0-)... 315,258
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............. 9,342 26,497 26,497
2 Savings and temporary cash investments......... 335,733 220,139 220,139
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) 1,081,766 Click to see attachment1,295,902 1,374,495
b Investments—corporate stock (attach schedule)....... 4,002,157 Click to see attachment3,925,687 4,885,945
c Investments—corporate bonds (attach schedule)....... 2,373,369 Click to see attachment2,488,848 2,627,895
11 Investments—land, buildings, and equipment: basis bullet1,231,370
Less: accumulated depreciation (attach schedule) bullet   1,231,370 Click to see attachment1,231,370 1,240,000
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 9,033,737 9,188,443 10,374,971
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)    
23 Total liabilities (add lines 17 through 22).........   0
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 9,033,737 9,188,443
29 Total net assets or fund balances (see instructions)..... 9,033,737 9,188,443
30 Total liabilities and net assets/fund balances (see instructions). 9,033,737 9,188,443
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
9,033,737
2
Enter amount from Part I, line 27a .....................
2
154,706
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
9,188,443
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
9,188,443
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1a
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 6,569
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 3,710
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  
3 Add lines 1 and 2........................... 3 3,710
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 3,710
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 2,920
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 2,920
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 790
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet   RefundedBullet 11  
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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
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)
    bulletND
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletDONALD L SCOTT Telephone no.bullet (701) 237-0170

    Located atbullet4141 28TH AVE SFARGOND ZIP+4bullet58104
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    DAN CAREY TRUSTEE
    000.00     		0 0 0
    152 35TH AVE NE
    FARGO,ND58102
    RONDI MCGOVERN TRUSTEE
    000.00     		0 0 0
    1002 1ST AVE S
    FARGO,ND58103
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    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.............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 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    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
    8,721,765
    b
    Average of monthly cash balances.......................
    1b
    295,856
    c
    Fair market value of all other assets (see instructions)................
    1c
    1,240,000
    d
    Total (add lines 1a, b, and c).........................
    1d
    10,257,621
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    10,257,621
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    153,864
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    10,103,757
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    505,188
    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
    505,188
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    3,710
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,710
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    501,478
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    501,478
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    501,478
    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
    531,742
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    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
    531,742
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    531,742
    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 7 501,478
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016...... 40,388
    c From 2017......  
    d From 2018...... 59,115
    e From 2019...... 43,349
    fTotal of lines 3a through e........ 142,852
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 531,742
    a Applied to 2019, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2020 distributable amount..... 501,478
    e Remaining amount distributed out of corpus 30,264
    5 Excess distributions carryover applied to 2020.    
    (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 5 173,116
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    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......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		173,116
    10 Analysis of line 9:
    a Excess from 2016.... 40,388
    b Excess from 2017....  
    c Excess from 2018.... 59,115
    d Excess from 2019.... 43,349
    e Excess from 2020.... 30,264
    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).)
    NONE
    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.
    NONE
    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:
    DONALD SCOTT
    4141 28TH AVE S
    FARGO,ND58104
    (701) 237-0170
    bThe form in which applications should be submitted and information and materials they should include:
    SEE ATTACHED SCHEDULE
    cAny submission deadlines:
    MARCH 31 AND AUGUST 31
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    FARGO MOORHEAD AREA ACTIVITIES
    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
    BOY SCOUTS OF AMERICA
    4200 19TH AVE S
    FARGO,ND58104     		NONE PUBLIC PROGRAMS AT JEFFERSON/MADISON SCHOOL 2,500
    CHURCHES UNITED FOR THE HOMELESS
    1901 1ST AVE N
    MOORHEAD,MN56560     		NONE PUBLIC COVID RELIEF 5,000
    CLAY COUNTY HISTORICAL SOCIETY
    202 1ST AVE N
    MOORHEAD,MN56560     		NONE PUBLIC GENERAL OPERATING SUPPORT 2,000
    COMMUNITY OF CARE
    41 LANGER AVE S 3322
    FARGO,ND58102     		NONE PUBLIC VOLUNTEER PROGRAM 4,000
    CONCORDIA COLLEGE
    901 8TH ST S
    MOORHEAD,MN56560     		NONE PUBLIC SCHOLARSHIPS 10,000
    DOWN HOME
    2102 12TH ST N
    FARGO,ND58102     		NONE PUBLIC FURNISHING FOR LOW INCOME HOUSING 5,000
    FARGO MOORHEAD YOUTH CHOIR
    PO BOX 773
    FARGO,ND58107     		NONE PUBLIC GENERAL OPERATING SUPPORT 1,000
    FM COMMUNITY THEATRE
    333 4TH ST S
    FARGO,ND58102     		NONE PUBLIC GENERAL OPERATING SUPPORT 5,000
    FM OPERA
    21 8TH ST S
    FARGO,ND58102     		NONE PUBLIC GENERAL OPERATING 5,000
    GREAT PLAINS FOOD BANK
    1720 3RD AVE N
    FARGO,ND58103     		NONE PUBLIC COVID RELIEF 5,000
    HABITAT FOR HUMANITY
    210 11TH ST N
    MOORHEAD,MN56560     		NONE PUBLIC GENERAL OPERATING SUPPORT 5,000
    HERO HEALTHCARE
    5012 53RD ST S
    FARGO,ND58104     		NONE PUBLIC GENERAL OPERATING SUPPORT 5,000
    IMPACT FOUNDATION
    4141 28TH AVE S
    FARGO,ND58104     		NONE PUBLIC GIVING HEARTS 200,000
    UNIVERSITY OF JAMESTOWN
    6000 COLLEGE LN
    JAMESTOWN,ND58405     		NONE PUBLIC SCHOLARSHIPS 10,000
    JEREMIAH PROGRAM
    3104 FIECHTNER DR
    FARGO,ND58104     		NONE PUBLIC GENERAL OPERATING SUPPORT 5,000
    JUNIOR ACHIEVEMENT
    PO BOX 2061
    FARGO,ND58102     		NONE PUBLIC ELEMENTARY CLASSROOM PROJECT 2,000
    LEARNING BANK
    4TH STREET N
    FARGO,ND58102     		NONE PUBLIC MR HISTORY PROJECT 2,500
    LEND A HAND (DMF)
    4141 28TH AVE S
    FARGO,ND58104     		NONE PUBLIC PROGRAM SPONSOR 10,000
    MASTER CHORALE OF FARGO MOORHEAD
    PO BOX 732
    FARGO,ND58103     		NONE PUBLIC GENERAL OPERATING SUPPORT 1,000
    MAYVILLE STATE UNIVERSITY
    330 3RD ST NE
    MAYVILLE,ND58257     		NONE PUBLIC SCHOLARSHIPS 14,286
    MOORHEAD SCHOOLS LEGACY FOUNDATION
    PO BOX 1006
    MOORHEAD,MN56561     		NONE PUBLIC MORNING SNACKS FOR LOW INCOME 5,000
    MOORHEAD TECHNICAL COLLEGE
    1900 28TH AVE S
    MOORHEAD,MN56560     		NONE PUBLIC SCHOLARSHIPS 10,000
    MSUM ALUMNI FOUNDATION
    1201 6TH AVE S
    MOORHEAD,MN56560     		NONE PUBLIC SCHOLARSHIPS 10,000
    ND STATE SCHOOL OF SCIENCE
    800 6TH ST N
    WAHPETON,ND58076     		NONE PUBLIC SCHOLARHIPS 14,286
    NEW LIFE CENTER
    1902 3RD AVE N
    FARGO,ND58102     		NONE PUBLIC COVID RELIEF 2,000
    NEXUS PATH FAMILY HEALTH
    1202 WESTRAC DR
    FARGO,ND58103     		NONE PUBLIC ASSIST YOUTH AGING OUT OF FOSTER 5,000
    PRESENTATION PARTNERS IN HOUSING
    1101 32ND AVE S
    FARGO,ND58103     		NONE PUBLIC COVID RELIEF 5,000
    RED RIVER DANCE CO
    2921 FIECHTNER DR
    FARGO,ND58103     		NONE PUBLIC SCHOLARSHIPS 5,000
    RONALD MCDONALD HOUSE
    4757 AGASSIZ CROSSING S
    FAROG,ND58103     		NONE PUBLIC CAPITAL CAMPAIGN 2,500
    SHAREHOUSE
    4227 9TH AVE S
    FARGO,ND58103     		NONE PUBLIC REPLACE WATER HEATERS 3,000
    SOUTHEASTERN ND COMMUNITY ACTION
    3233 S UNIVERSITY DR
    FARGO,ND58104     		NONE PUBLIC ASSIST LOW INCOME FAMILIES 5,000
    UNIVERSITY OF MARY
    7500 UNIVERSITY DR
    BISMARCK,ND58504     		NONE PUBLIC SCHOLARSHIPS 10,000
    UNIVERSITY OF ND
    3501 UNIVERSITY AVE
    GRAND FORKS,ND58202     		NONE PUBLIC SCHOLARSHIPS 14,286
    VALLEY CITY STATE UNIVERSITY
    101 COLLEGE STREET SE
    VALLEY CITY,ND58072     		NONE PUBLIC SCHOLARSHIPS 14,286
    VILLAGE BIG BROTHERBIG SISTER
    1201 25TH ST S
    FARGO,ND58102     		NONE PUBLIC GENERAL OPERATING SUPPORT 5,000
    AFRO AMERICAN DEVELOPMENT ASSN
    1132 28TH AVE S
    MOORHEAD,MN56560     		NONE PUBLIC GENERAL OPERATING SUPPORT 2,000
    APPLE TREE DENTAL
    520 MAIN STREET
    HAWLEY,MN56549     		NONE PUBLIC   GENERAL OPERATING SUPPORT 5,000
    AUDUBON DAKOTA
    2315 UNIVERSITY DR N
    FARGO,ND58102     		NONE PUBLIC GENERAL OPERATING SUPPORT 5,000
    CASS COUNTY COMMUNITY LAND TRUST
    409 7TH ST S
    FARGO,ND58103     		NONE PUBLIC CASS COUNTY COMMUNITY LAND TRUST 2,000
    FARMER IN THE DELL
    7378 40TH ST N
    MOORHEAD,MN56560     		NONE PUBLIC GENERAL OPERATING SUPPORT 2,000
    FARGO PUBLIC SCHOOLS DEVELOPMENT
    1305 9TH AVE S
    FARGO,ND58103     		NONE PUBLIC GENERAL OPERATION SUPPORT 5,000
    FM SYMPHONY
    808 3RD AVE S
    FARGO,ND58103     		NONE PUBLIC GENERAL OPERATING SUPPORT 5,000
    GIGI'S PLAYHOUSE
    3224 20TH ST S
    FARGO,ND58104     		NONE PUBLIC GENERAL OPERATING SUPPORT 5,000
    HOPE INC
    810 4TH AVE S 140
    MOORHEAD,MN56560     		NONE PUBLIC GENERAL OPERATING SUPPORT 5,000
    LANDON'S LIGHT FOUNDATION
    2809 PYLE LANE E
    WEST FARGO,ND58078     		NONE PUBLIC GENERAL OPERATING SUPPORT 10,000
    LEVEL UP
    4141 28TH AVE S
    FARGO,ND58104     		NONE PUBLIC GENERAL OPERATING SUPPORT 5,000
    MOORHEAD YOUTH HOCKEY
    707 MAIN AVE SE
    MOORHEAD,MN56560     		NONE PUBLIC GENERAL OPERATING SUPPORT 10,000
    NDSU MEMORIAL UNION
    1401 ADMINISTRATION AVE
    FARGO,ND58105     		NONE PUBLIC GENERAL OPERATING SUPPORT 1,243
    NDSU COLLABORATION IN PHARM
    1401 ALBRECHT BLVD
    FARGO,ND58105     		NONE PUBLIC GENERAL OPERATING SUPPORT 5,000
    REBUILDING TOGETHER
    700 MAIN AVE 10
    FARGO,ND58103     		NONE PUBLIC GENERAL OPERATING SUPPORT 5,000
    RITE CARE LANGUAGE CENTER
    1405 3RD ST N
    FARGO,ND58102     		NONE PUBLIC GENERAL OPERATING SUPPORT 2,500
    SOUTH SUDANESE FOUNDATION
    28TH AVE SOUTH
    MOORHEAD,MN56560     		NONE PUBLIC GENERAL OPERATING SUPPORT 2,000
    TNT KIDS FITNESS
    2800 MAIN AVE
    FARGO,ND58103     		NONE PUBLIC GENERAL OPERATING SUPPORT 10,000
    YMCA
    400 1ST AVE S
    FARGO,ND58103     		NONE PUBLIC COVID RELIEF 10,000
    YWCA
    3000 S UNIVERSITY DR
    FARGO,ND58104     		NONE PUBLIC COVID RELIEF 5,000
    Total .................................bullet 3a 511,387
    bApproved for future payment
    Total .................................bullet 3b  
    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       14    
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		        99,353
    4 Dividends and interest from securities....         177,459
    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.....     16 38,446  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    14 6,569 424,106
    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)..   45,015 700,918
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    745,933
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    ALEX STERN FAMILY FOUNDATION
    EIN:
    45-6013981
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREP & ACCOUNTING 5,540 5,540    

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

    TY 2020 GainLossSaleOtherAssetsSch
    Name:
    ALEX STERN FAMILY FOUNDATION
    EIN:
    45-6013981
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    AT&T 2019-09 PURCHASE 2020-02   8,664 8,281     383  
    ABBOTT LABORATORIES 2019-01 PURCHASE 2020-03   14,814 10,863     3,951  
    ACTIVISION BLIZZARD INC 2018-08 PURCHASE 2020-01   15,020 14,493     527  
    ADOBE SYSTEMS INC 2018-12 PURCHASE 2020-01   13,057 6,584     6,473  
    ALLIANCEBERNSTEIN HIGH INCOME ADVISO 2019-11 PURCHASE 2020-11   5,133 5,397     -264  
    ALPHABET INC CLASS A 2018-09 PURCHASE 2020-01   15,928 5,275     10,653  
    AMAZON.COM INC 2019-04 PURCHASE 2020-03   31,188 30,072     1,116  
    AMERICAN ELECTRIC POWER COMPANY 2019-12 PURCHASE 2020-01   5,456 5,447     9  
    AMERICAN EXPRESS COMPANY 2018-03 PURCHASE 2020-01   17,407 15,294     2,113  
    AMERICAN TOWER CORP 2018-01 PURCHASE 2020-03   14,516 9,307     5,209  
    ANTHEM INC COM 2019-11 PURCHASE 2020-04   8,277 9,756     -1,479  
    APPLE COMPUTER INC 2009-11 PURCHASE 2020-01   42,526 3,318     39,208  
    AUTODESK INC 2019-10 PURCHASE 2020-03   6,640 4,059     2,581  
    BALL CORPORATION 2019-12 PURCHASE 2020-01   5,478 4,829     649  
    BANK OF AMERICA CORPORATION 2018-10 PURCHASE 2020-03   16,315 17,534     -1,219  
    BECTON DICKINSON & COMPANY 2019-08 PURCHASE 2020-02   25,336 19,697     5,639  
    BERKSHIRE HATHAWAY CL B 2018-06 PURCHASE 2020-01   36,018 26,019     9,999  
    BLACKSTONE ALTERNATIVE 2019-02 PURCHASE 2020-05   109,727 124,250     -14,523  
    BLACKSTONE GROUP INC COM 2020-07 PURCHASE 2020-11   2,144 2,201     -57  
    BOSTON SCIENTIFIC CORP 2019-04 PURCHASE 2020-06   3,438 6,313     -2,875  
    CVS CORP 2020-02 PURCHASE 2020-07   9,117 10,048     -931  
    CARRIER GLOBAL CORP 2019-07 PURCHASE 2020-04   1,260 2,023     -763  
    CAUSEWAY INTERNATIONAL VALUE 2015-10 PURCHASE 2020-12   60,227 69,336     -9,109  
    CHARTER COMMUNICATIONS 2020-03 PURCHASE 2020-11   4,385 3,078     1,307  
    CHEVRONTEXACO CORP COM 2018-08 PURCHASE 2020-01   15,768 15,131     637  
    CITIGROUP INC 2020-06 PURCHASE 2020-07   8,473 10,525     -2,052  
    COHEN AND STEERS GLOBAL REALTY 2019-05 PURCHASE 2020-06   3,800 3,471     329  
    COLGATE-PALMOLIVE COMPANY 2020-03 PURCHASE 2020-07   12,148 10,909     1,239  
    COMCAST CORP NEW CL A 2019-12 PURCHASE 2020-03   22,477 16,650     5,827  
    CONAGRA FOODS INC 2019-04 PURCHASE 2020-01   10,861 8,684     2,177  
    DIMENSIONAL EMERGING MARKETS 2017-12 PURCHASE 2020-05   43,475 49,120     -5,645  
    DANAHER CORPORATION 2018-10 PURCHASE 2020-01   18,099 9,900     8,199  
    DEERE & CO 2020-06 PURCHASE 2020-11   2,270 1,376     894  
    DIMENSIONAL DFA WORLD EX US CORE 2013-06 PURCHASE 2020-12   11,289 8,889     2,400  
    WALT DISNEY COMPANY 2019-10 PURCHASE 2020-03   15,573 20,075     -4,502  
    DOLLAR TREE INC 2020-01 PURCHASE 2020-04   8,618 7,544     1,074  
    ECOLAB INC 2019-12 PURCHASE 2020-01   14,262 13,523     739  
    EDWARD LIFESCIENCES CORP 2020-06 PURCHASE 2020-12   991 820     171  
    ELECTRONIC ARTS INC DEL 2018-09 PURCHASE 2020-04   4,183 3,507     676  
    EQUINIX INC 2020-04 PURCHASE 2020-05   6,139 6,206     -67  
    ESSEX PROPERTY TRUST 2020-12 PURCHASE 2020-12   5,054 5,109     -55  
    EXPEDIA INC 2020-09 PURCHASE 2020-11   1,150 886     264  
    FACEBOOK INC 2018-03 PURCHASE 2020-01   24,192 14,698     9,494  
    FEDERAL HOME LOAN MTG CORP POOL 2020-11 PURCHASE 2020-12   15,588 15,995     -407  
    FEDERAL HOME LOAN MTG CORP 2018-03 PURCHASE 2020-01   474 485     -11  
    FHLMC SUPER 30Y FIXED POOL 2020-01 PURCHASE 2020-03   13,070 13,088     -18  
    FHLMC SUPER 30Y FIXED 2.000 2020-01 PURCHASE 2020-04   932 960     -28  
    FEDERAL NATL MORTGAGE ASSN POOL 2020-03 PURCHASE 2020-04   59,413 60,819     -1,406  
    FEDERAL NATL MORTGAGE ASSN POOL 2020-03 PURCHASE 2020-05   5,606 5,871     -265  
    FEDERAL NATL MORTGAGE ASSN POOL 2020-03 PURCHASE 2020-06   17,904 18,024     -120  
    FNMA PASS THRU LNG 30 YEAR POOL 2019-03 PURCHASE 2020-01   22,704 23,051     -347  
    FNMA PASS THRU LNG 30 YEAR POOL 2019-03 PURCHASE 2020-02   30,654 30,739     -85  
    FEDERAL NATL MORTGAGE ASSN POOL 2020-03 PURCHASE 2020-07   12,531 12,711     -180  
    FEDERATED HERMES ULTRASHORT BOND 2020-01 PURCHASE 2020-01   406,912 409,295     -2,383  
    FIDELITY EMERING MARKETS INDEX 2020-05 PURCHASE 2020-06   38,619 34,574     4,045  
    FIDELITY ADVISOR SMALL CAP GROWTH 2008-01 PURCHASE 2020-11   16,501 13,925     2,576  
    FORTIVE CORP 2020-06 PURCHASE 2020-11   1,350 1,033     317  
    FOX CORPORATION CLASS A 2020-05 PURCHASE 2020-08   6,455 7,442     -987  
    GILEAD SCI INC 2020-03 PURCHASE 2020-04   8,599 8,272     327  
    GOLDMAN SACHS GROUP INC 2020-05 PURCHASE 2020-07   4,100 3,593     507  
    HARDING LOEVNEW INTERNATIONAL 2019-04 PURCHASE 2020-11   23,095 18,892     4,203  
    HONEYWELL INTL INC COM 2019-10 PURCHASE 2020-07   14,283 9,627     4,656  
    HUMANA 2020-04 PURCHASE 2020-07   9,445 8,198     1,247  
    INTERCONTINENTAL EXCHANGE GRP 2018-05 PURCHASE 2020-01   9,084 6,871     2,213  
    INTERNATIONAL BUSINESS MACHINES CORP 2019-07 PURCHASE 2020-03   7,745 11,931     -4,186  
    INTUITIVE SURGICAL INC 2019-10 PURCHASE 2020-03   6,943 4,549     2,394  
    IQVIA HOLDINGS INC 2019-12 PURCHASE 2020-03   7,894 9,759     -1,865  
    ISHARES BARCLAYS 7-10 YR TREAS BD FD 2019-07 PURCHASE 2020-01   101,802 99,240     2,562  
    ISHARES RUSSELL MIDCAP VALUE INDEX 2020-10 PURCHASE 2020-12   13,034 13,598     -564  
    ISHARES RUSSELL MIDCAP INDEX 2020-06 PURCHASE 2020-07   1,351 1,194     157  
    ISHARES RUSSELL 2000 VALUE INDEX 2019-09 PURCHASE 2020-12   12,954 11,408     1,546  
    ISAHRES DOW JONES US REAL ESTATE 2019-08 PURCHASE 2020-03   15,052 17,427     -2,375  
    ISHARES IBOXX HY BOND FUND 2020-06 PURCHASE 2020-07   33,775 34,446     -671  
    JP MORGAN CHASE & CO 2011-08 PURCHASE 2020-01   25,827 10,358     15,469  
    JOHNSON AND JOHNSON 2020-04 PURCHASE 2020-04   11,549 11,844     -295  
    LABORATORY CORP OF AMERICA 2020-03 PURCHASE 2020-03   5,905 8,187     -2,282  
    LAM RESEARCH CORP 2020-10 PURCHASE 2020-11   2,538 2,023     515  
    ELI LILLY & COMPANY 2020-04 PURCHASE 2020-11   13,929 14,747     -818  
    LIVE NATION INC 2020-10 PURCHASE 2020-12   1,339 943     396  
    LOCKHEED MARTIN CORP 2019-10 PURCHASE 2020-01   17,266 16,380     886  
    LOWES COMPANIES INC 2019-01 PURCHASE 2020-04   21,307 12,469     8,838  
    LULULEMON ATHLETICA 2020-04 PURCHASE 2020-11   1,006 639     367  
    MARRIOTT INTERNATIONAL INC 2019-03 PURCHASE 2020-03   5,865 8,379     -2,514  
    MASCO CORP 2020-06 PURCHASE 2020-12   4,738 3,996     742  
    MASTERCARD CORP 2020-10 PURCHASE 2020-11   2,439 2,039     400  
    MERCK & CO INC NEW 2020-03 PURCHASE 2020-07   18,805 18,533     272  
    MICROSOFT CORPORATION 2019-04 PURCHASE 2020-01   39,110 30,214     8,896  
    MICROCHIP TECHNOLOGY INC 2020-08 PURCHASE 2020-11   1,405 1,103     302  
    MOLINA HEALTHCARE INC 2019-10 PURCHASE 2020-01   9,086 6,970     2,116  
    MONDELEZ INTL INC 2019-07 PURCHASE 2020-03   16,655 16,131     524  
    MONSTER BEVERAGE CORP 2020-07 PURCHASE 2020-11   991 908     83  
    MORGAN STANLEY 2019-05 PURCHASE 2020-06   3,922 2,986     936  
    NETFLIX INC 2019-04 PURCHASE 2020-01   11,933 9,914     2,019  
    NEXTERA ENERGY INC 2020-03 PURCHASE 2020-11   1,929 1,308     621  
    NIKE INC CL B 2019-10 PURCHASE 2020-04   7,943 5,011     2,932  
    NORFOLK SOUTHN CORP 2018-03 PURCHASE 2020-03   10,033 8,093     1,940  
    NORTHRUP GRUMMAN CORP 2020-04 PURCHASE 2020-10   7,150 8,252     -1,102  
    NVIDIA CORP 2018-11 PURCHASE 2020-04   7,014 3,016     3,998  
    OMNICOM GROUP INC 2020-08 PURCHASE 2020-10   5,771 6,409     -638  
    OTIS WROLDWIDE CORPORATION 2019-07 PURCHASE 2020-04   2,108 3,033     -925  
    PFIZER INC 2020-05 PURCHASE 2020-06   21,021 22,101     -1,080  
    PHILIP MORRIS 2019-10 PURCHASE 2020-03   24,368 23,346     1,022  
    PIMCO MORTGAGE OPPORTUNITIES 2018-12 PURCHASE 2020-03   14,461 15,322     -861  
    PROCTER & GAMBLE CO 2020-07 PURCHASE 2020-12   9,137 8,719     418  
    RAYTHEON CO COM NEW 2019-10 PURCHASE 2020-04   12,961 15,184     -2,223  
    RAYTHEON TECHNOLOGIES CORP 2019-03 PURCHASE 2020-03   6,215 6,750     -535  
    REYNOLDS CONSUMER PRODUCTS 2020-03 PURCHASE 2020-04   9,310 8,549     761  
    ROCHE HLDG LTD 2020-05 PURCHASE 2020-11   9,491 9,848     -357  
    ROSS STORES INC 2018-12 PURCHASE 2020-01   11,452 7,813     3,639  
    SBA COMMUNICATIONS CORP CLASS 2019-12 PURCHASE 2020-01   21,308 18,486     2,822  
    SPDR TR UNIT SER 1 2019-08 PURCHASE 2020-06   151,809 132,401     19,408  
    SPDR S P REGL BKG 2020-11 PURCHASE 2020-12   5,237 5,171     66  
    SPDR 2020-08 PURCHASE 2020-11   365 325     40  
    SPDR HOMEBUILDERS ETF 2020-07 PURCHASE 2020-12   8,384 6,592     1,792  
    SALESFORCE.COM INC 2018-10 PURCHASE 2020-01   12,991 8,904     4,087  
    SELECT SECTOR SPDR ETF MATERIALS 2019-11 PURCHASE 2020-01   19,680 18,489     1,191  
    SELECT SECTOR SPDR ETF HEALTH CARE 2019-08 PURCHASE 2020-04   160,617 149,351     11,266  
    SELECT SECTOR SPDR ETF CONSUMER STA 2019-10 PURCHASE 2020-01   98,923 86,024     12,899  
    SELECT SECTOR SPDR ETF CONSUMER DISC 2020-03 PURCHASE 2020-03   52,482 45,614     6,868  
    SELECT SECTOR SPDR ETF ENERGY 2020-06 PURCHASE 2020-06   3,880 4,600     -720  
    SELECT SECTOR SPDR ETF FINANCIAL 2019-09 PURCHASE 2020-03   31,714 36,119     -4,405  
    SELECT SECTOR SPDR ETF INDL 2019-07 PURCHASE 2020-06   80,594 79,974     620  
    SELECT SECTOR SPDR ETF TECHNOLOGY 2020-01 PURCHASE 2020-11   134,358 96,339     38,019  
    SELECT SECTOR SPDR ETF 2020-03 PURCHASE 2020-10   14,097 12,024     2,073  
    SELECT SECTOR SPDR ETF UTILITIES 2019-08 PURCHASE 2020-01   31,595 30,018     1,577  
    SHERWIN WILLIAMS CO 2020-06 PURCHASE 2020-11   2,105 1,637     468  
    SNAP INC CL A 2020-06 PURCHASE 2020-06   8,253 7,278     975  
    SPECTRUM BRANDS HOLDINGS 2019-05 PURCHASE 2020-03   6,332 10,377     -4,045  
    STARBUCKS CORP 2020-04 PURCHASE 2020-06   4,803 4,776     27  
    STRYKER CORPORATION 2020-03 PURCHASE 2020-06   3,859 4,158     -299  
    SYSCO CORPORATION 2020-02 PURCHASE 2020-03   12,849 14,005     -1,156  
    TJX COMPANIES 2020-01 PURCHASE 2020-03   9,684 11,327     -1,643  
    TAKE-2 INTERACTIVE SOFTWARE 2019-10 PURCHASE 2020-03   12,217 10,119     2,098  
    TARGET CORP 2019-03 PURCHASE 2020-03   8,177 5,483     2,694  
    TEXAS INSTRUMENTS INC 2019-08 PURCHASE 2020-04   4,319 3,627     692  
    THERMO FISHER SCIENTIFIC 2018-10 PURCHASE 2020-01   14,427 8,738     5,689  
    US BANCORP DEL COM NEW 2020-10 PURCHASE 2020-11   9,795 9,121     674  
    UNDER ARMOUR INC 2020-05 PURCHASE 2020-07   5,979 4,760     1,219  
    US TREASURY NOTE 2.75% 2019-07 PURCHASE 2020-07   58,187 49,047     9,140  
    US TREASURY 2.375% 2018-10 PURCHASE 2020-10   28,793 25,636     3,157  
    UNITED TECHNOLOGIES CORPORATION 2019-07 PURCHASE 2020-03   3,555 3,963     -408  
    UNITED HEALTH GROUP INC 2020-03 PURCHASE 2020-11   26,359 14,346     12,013  
    V F CORP COM 2019-05 PURCHASE 2020-06   3,686 4,338     -652  
    VANGUARD LONG-TERM CORP BOND ETF 2020-01 PURCHASE 2020-06   36,183 36,430     -247  
    VIA COMCBS INC CLASS B 2020-02 PURCHASE 2020-03   8,572 12,647     -4,075  
    VISA INC 2018-01 PURCHASE 2020-01   50,502 14,598     35,904  
    VONTIER CORPORATION COM 2020-06 PURCHASE 2020-10   1,165 1,417     -252  
    WYNN RESORTS LTD 2020-09 PURCHASE 2020-11   1,540 1,208     332  
    XCEL ENERGY INC 2019-12 PURCHASE 2020-03   5,113 4,771     342  
    ZIMMER HOLDINGS INC 2019-11 PURCHASE 2020-03   5,385 8,452     -3,067  
    ZOETIS INC 2020-08 PURCHASE 2020-11   1,513 1,440     73  
    ACCENTURE PLC 2020-03 PURCHASE 2020-12   19,375 14,106     5,269  
    EATON CORP PLC 2020-04 PURCHASE 2020-11   3,147 2,133     1,014  
    LINDE PLC COM 2020-02 PURCHASE 2020-04   10,967 10,685     282  
    ROYAL CARIBBEAN CRUISES 2020-02 PURCHASE 2020-03   1,296 4,514     -3,218  
    FNMA REMIC TRUST 2012-45 2018-12 PURCHASE 2020-06   28,465 28,826     -361  
    GOLDMAN SACHS ABSOLUTE RETURN TRACKE 2020-05 PURCHASE 2020-12   44,272 42,204     2,068  
    INVESCO STEELPATH MLP SELECT 40 2017-02 PURCHASE 2020-12   4,310 9,331     -5,021  
    ALLIANCEBERNSTEIN HIGH INCOME 2015-06 PURCHASE 2020-06   22,507 27,124     -4,617  
    APPLE COMPUTER INC 2018-04 PURCHASE 2020-01   22,785 12,618     10,167  
    BROADCOM CORP 2018-07 PURCHASE 2020-12   22,486 10,572     11,914  
    CVS CORP 2019-11 PURCHASE 2020-12   4,040 4,370     -330  
    CVS CORP 4% 2014-01 PURCHASE 2020-08   83,127 75,056     8,071  
    CHEVRONTEXACO CORP COM 2020-08 PURCHASE 2020-12   25,122 25,499     -377  
    CISCO SYSTEMS 2019-10 PURCHASE 2020-09   53,051 40,415     12,636  
    CITIGROUP 2020-07 PURCHASE 2020-10   21,469 25,341     -3,872  
    COCA COLA COMPANY 2020-03 PURCHASE 2020-12   4,815 4,113     702  
    DUKE ENERGY CORPORATION 2014-08 PURCHASE 2020-10   17,928 14,896     3,032  
    EMERSON ELECTIC COMPANY 2017-11 PURCHASE 2020-09   25,646 20,104     5,542  
    EXXON MOBIL CORP COM 2019-10 PURCHASE 2020-08   39,743 70,235     -30,492  
    FEDERATED HERMES ULTRASHORT BOND 2019-12 PURCHASE 2020-01   314,157 314,075     82  
    ADR GLAXOSMITHKLINE PLC 2018-11 PURCHASE 2020-10   5,180 5,883     -703  
    HASBRO INC 2020-09 PURCHASE 2020-12   13,164 11,362     1,802  
    INTEL CORPORATION 2020-03 PURCHASE 2020-09   52,776 34,408     18,368  
    INTERNATIONAL BUSINESS MACHINES CORP 2019-01 PURCHASE 2020-12   6,435 6,991     -556  
    ISHARES BARCLAYS 20+ YR TREAS BOND 2016-11 PURCHASE 2020-03   34,032 25,444     8,588  
    JP MORGAN CHASE & CO 2016-01 PURCHASE 2020-01   19,803 6,331     13,472  
    JP MORGAN CHASE & CO 2016-01 PURCHASE 2020-01   100,000 100,000        
    JOHNSON & JOHNSON 2012-07 PURCHASE 2020-08   12,305 7,592     4,713  
    JOHNSON CONTROLS INC 2012-07 PURCHASE 2020-03   60,000 61,208     -1,208  
    KRAFT HEINZ CO 2019-05 PURCHASE 2020-02   28,086 60,370     -32,284  
    LAS VEGAS SANDS CORP 2020-01 PURCHASE 2020-04   37,022 65,834     -28,812  
    LINCOLN NAITONAL CORP 2015-12 PURCHASE 2020-06   104,473 101,700     2,773  
    LOCKHEED MARTIN CORP 2019-03 PURCHASE 2020-08   7,825 6,002     1,823  
    MCDONALDS CORP 2012-07 PURCHASE 2020-08   28,500 11,975     16,525  
    MERCK & CO INC NEW 2015-12 PURCHASE 2020-01   21,552 13,939     7,613  
    MET LIFE 2019-02 PURCHASE 2020-12   13,115 13,012     103  
    MICROSOFT CORPORATION 2009-11 PURCHASE 2020-01   37,866 6,378     31,488  
    MORGAN STANLEY 2017-12 PURCHASE 2020-07   75,000 75,000        
    OMNICOM GROUP INC 2020-10 PURCHASE 2020-12   4,827 4,251     576  
    PFIZER INC 2013-04 PURCHASE 2020-12   10,048 7,772     2,276  
    PHILLIP MORRIS 2011-03 PURCHASE 2020-12   6,354 4,914     1,440  
    PROCTER & GAMBLE CO 2013-09 PURCHASE 2020-08   73,783 43,123     30,660  
    PRUDENTIAL FINANCIAL INC 2012-07 PURCHASE 2020-12   8,095 5,268     2,827  
    RESTURANT BRANDS INTERNATIONAL 2020-06 PURCHASE 2020-12   2,480 2,253     227  
    ROYAL DUTCH SHELL PLC ADR 2020-03 PURCHASE 2020-12   8,056 11,148     -3,092  
    SCE TRUST II PREFERRED STOCK CALLABL 2013-02 PURCHASE 2020-09   26,300 26,002     298  
    SOUTHERN COMPANY 2016-11 PURCHASE 2020-01   27,646 21,614     6,032  
    STIFEL FINL CORP 4.25% 2016-06 PURCHASE 2020-06   105,629 100,636     4,993  
    TARGET CORP 2020-05 PURCHASE 2020-09   63,047 37,672     25,375  
    TEXAS INSTRUMENTS 2019-01 PURCHASE 2020-12   9,906 6,211     3,695  
    TOTAL ADR 2016-12 PURCHASE 2020-03   12,685 16,018     -3,333  
    VANGUARD REAL ESTATE ETF 2016-11 PURCHASE 2020-12   6,949 6,518     431  
    VERIZON COMMUNICATIONS 2009-05 PURCHASE 2020-12   9,778 5,942     3,836  
    VIATRIS INC COM 2020-09 PURCHASE 2020-11   3,221 2,353     868  
    WELLS FARGO & COMPANY 2020-03 PURCHASE 2020-07   38,875 58,771     -19,896  
    BUNGE LTD 2020-12 PURCHASE 2020-12   3,810 3,690     120  
    EATON CORP PLC 2019-03 PURCHASE 2020-09   31,981 14,370     17,611  

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    ALEX STERN FAMILY FOUNDATION
    EIN:
    45-6013981
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CORPORATE BONDS 2,488,848 2,627,895

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    ALEX STERN FAMILY FOUNDATION
    EIN:
    45-6013981
    Name of Stock End of Year Book Value End of Year Fair Market Value
    CORPORATE SECURITIES 3,925,687 4,885,945

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    ALEX STERN FAMILY FOUNDATION
    EIN:
    45-6013981
    US Government Securities - End of Year Book Value:

    1,295,902
    US Government Securities - End of Year Fair Market Value:

    1,374,495
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2020 InvestmentsLandSchedule2
    Name:
    ALEX STERN FAMILY FOUNDATION
    EIN:
    45-6013981
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    LAND 1,231,370   1,231,370 1,240,000

    TY 2020 OtherExpensesSchedule
    Name:
    ALEX STERN FAMILY FOUNDATION
    EIN:
    45-6013981
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    OFFICE SUPPLIES, ETC 380 76   304
    INSURANCE 500     500
    BOND PREMIUMS 10,692 10,692    


    TY 2020 OtherIncomeSchedule2
    Name:
    ALEX STERN FAMILY FOUNDATION
    EIN:
    45-6013981
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    LAND RENTS 44,324 44,324 44,324
    REAL ESTATE TAXES -5,878 -5,878 -5,878


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    ALEX STERN FAMILY FOUNDATION
    EIN:
    45-6013981
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FIDUCIARY FEES 33,712 33,712    


    TY 2020 TaxesSchedule
    Name:
    ALEX STERN FAMILY FOUNDATION
    EIN:
    45-6013981
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 689 138   551
    EXCISE TAXES 3,144      
    FOREIGN TAXES 1,433