TY 2020 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

Do not enter social security numbers on this form as it may be made public.
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Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0052

2020

Open to Public Inspection

For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020

Name of foundation
WARREN FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 0634
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
MILWAUKEE, WI532010634

A Employer identification number

41-6021348

B Telephone number (see instructions)

(612) 303-3208

C If exemption application is pending, check here bullet

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

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

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

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

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

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

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

$4,042,753J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	73,968		72,230
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		56,832
b	Gross sales price for all assets on line 6a 791,786
7	Capital gain net income (from Part IV, line 2)...			56,832
8	Net short-term capital gain.........				0
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).......		2,148
12	Total. Add lines 1 through 11........	132,948		129,062
13	Compensation of officers, directors, trustees, etc.	98,907		49,453		49,453
14	Other employee salaries and wages......			0	0	0
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........		2,610	0	0	2,610
b	Accounting fees (attach schedule).......		1,500	0	0	1,500
c	Other professional fees (attach schedule)....		2,603	2,343		260
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		1,993	1,993		0
19	Depreciation (attach schedule) and depletion...		0	0
20	Occupancy..............
21	Travel, conferences, and meetings.......			0	0
22	Printing and publications..........			0	0
23	Other expenses (attach schedule).......		391	366		25
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	108,004		54,155	0	53,848
25	Contributions, gifts, grants paid.......	125,000				125,000
26	Total expenses and disbursements. Add lines 24 and 25	233,004		54,155	0	178,848
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-100,056
b	Net investment income (if negative, enter -0-)			74,907
c	Adjusted net income (if negative, enter -0-)...				0

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2020)

Form 990-PF (2020)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	1,394	799	799
	2	Savings and temporary cash investments.........	82,981	59,079	59,079
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts 0
	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).......	2,043,107	1,661,932	2,716,517
	c	Investments—corporate bonds (attach schedule).......	785,275	880,460	913,386
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	99,536	310,000	346,766
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	6,953	6,206	6,206
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	3,019,246	2,918,476	4,042,753
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow FASB ASC 958, check here
		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
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	3,019,246	2,918,476
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds
	29	Total net assets or fund balances (see instructions).....	3,019,246	2,918,476
	30	Total liabilities and net assets/fund balances (see instructions).	3,019,246	2,918,476

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............

3,019,246

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

-100,056

Other increases not included in line 2 (itemize) bullet

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

2,919,190

Decreases not included in line 2 (itemize) bullet

714

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

2,918,476

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	.75 CALLON PETE CO DEL		2015-06-28	2020-01-02
b	82. COLUMBIA PROPERTY TRUST INC			2020-01-21
c	206. FUCHS PETROLUB SE PREF A D R		2015-07-20	2020-01-22
d	27. JACK HENRY ASSOCIATES INC		2015-07-20	2020-01-31
e	39. GRANITE CONSTR INC COM			2020-02-14
	6. GRANITE CONSTR INC COM		2019-05-08	2020-02-14
	13. HORIZON THERAPEUTICS PLC			2020-02-20
	22. PENN NATL GAMING INC COM W/RTS ATTACHED			2020-02-21
	78.75 CALLON PETE CO DEL			2020-03-02
	74.5 CALLON PETE CO DEL			2020-03-02
	36.75 CALLON PETE CO DEL		2019-03-18	2020-03-02
	9. NETGEAR INC RESTR		2019-04-03	2020-03-10
	42. NETGEAR INC RESTR			2020-03-10
	36. FIVE BELOW		2018-12-04	2020-03-16
	8. PROPETRO HLDG CORP		2019-07-02	2020-03-16
	65. PROPETRO HLDG CORP			2020-03-16
	27. DAVE & BUSTERS ENTMT INC			2020-03-17
	19. U.S. CONCRETE INC			2020-03-17
	59. PEBBLEBROOK HOTEL TRUST			2020-03-18
	11. PEBBLEBROOK HOTEL TRUST		2019-04-09	2020-03-18
	46. TIVITY HEALTH INC			2020-03-19
	38. TIVITY HEALTH INC			2020-03-19
	23. TIVITY HEALTH INC			2020-03-19
	22. WEX INC		2019-10-22	2020-03-24
	27. RBC BEARINGS INC		2018-11-02	2020-03-31
	38. DENTSU INC UNSPON A D R		2019-07-19	2020-04-02
	93. DENTSU INC UNSPON A D R		2019-01-22	2020-04-02
	161. HSBC HLDGS PLC SPONSORED ADR NEW		2019-12-11	2020-04-02
	127. HSBC HLDGS PLC SPONSORED ADR NEW		2016-12-13	2020-04-02
	25. NESTLE S A SPONSORED ADR REPSTG REG SH		2015-07-20	2020-04-02
	21. CHECKPOINT SOFTWARE COM			2020-04-02
	130. GENPACT LIMITED			2020-04-07
	5. CHUGAI PHARMACEUTIC UNSP A D R		2019-03-07	2020-04-16
	115. ROCHE HLDG LTD SPONSORED ADR		2015-01-13	2020-04-16
	125. SASOL LTD SPONSORED ADR			2020-04-16
	114. SCHLUMBERGER LTD ORD			2020-04-16
	60. SCHLUMBERGER LTD ORD		2019-07-19	2020-04-16
	14. LINDE PLC		2018-12-12	2020-04-16
	29. CIENA CORPORATION NEW		2020-01-31	2020-05-04
	1. ETSY INC		2018-09-19	2020-05-04
	26. GENERAC HOLDINGS INC		2018-10-12	2020-05-04
	5. POOL CORPORATION		2017-02-21	2020-05-04
	50000. GENERAL ELEC CAP MTN 4.650% 10/17/21		2012-01-31	2020-05-06
	19. LUMINEX CORP DEL			2020-05-08
	14. HORIZON THERAPEUTICS PLC		2018-10-26	2020-05-08
	54. CANADIAN NATL RY CO COM		2015-01-13	2020-05-13
	59. NESTLE S A SPONSORED ADR REPSTG REG SH			2020-05-13
	6. HEALTHEQUITY INC		2019-09-09	2020-05-20
	9. NEOGENOMICS INC		2019-05-07	2020-05-20
	8. HORIZON THERAPEUTICS PLC			2020-05-20
	92. AMADEUS IT HOLDING UNSP A D R		2019-07-19	2020-06-08
	73. BAIDU COM INC A D R			2020-06-08
	19. BAIDU COM INC A D R		2020-04-16	2020-06-08
	733.676 BARON EMERGING MARKETS INSTITUTIONAL		2018-11-14	2020-06-11
	838.223 CAUSEWAY EMERGING MARKETS INSTL		2018-11-14	2020-06-11
	405. VANGUARD GLBL EX US REAL ESTATE ETF		2017-12-21	2020-06-11
	510. VANGUARD REIT ETF		2014-06-17	2020-06-11
	56. XYLEM INC		2018-06-08	2020-06-29
	5. GENERAC HOLDINGS INC		2018-10-12	2020-07-02
	17. SYNOPSYS INC COM		2015-07-20	2020-07-02
	26. JAZZ PHARMACEUTICALS PLC			2020-07-02
	.0734 SONOVA HOLDING UNSPON ADR		2015-07-20	2020-07-09
	12. HORIZON THERAPEUTICS PLC		2017-06-20	2020-07-09
	.608 FIRST HORIZON NATIONAL CORP		2018-09-05	2020-07-14
	14. HORIZON THERAPEUTICS PLC		2017-06-20	2020-07-14
	40. AVERY DENNISON CORP COM			2020-07-15
	91. TAIWAN SEMICONDUCTOR MFG SPON ADR			2020-07-29
	55. TAIWAN SEMICONDUCTOR MFG SPON ADR		2015-01-13	2020-08-05
	13. HORIZON THERAPEUTICS PLC			2020-08-06
	10. ATLAS AIR INC			2020-08-07
	10. ORMAT TECHNOLOGIES INC			2020-08-07
	20. PENN NATL GAMING INC COM W/RTS ATTACHED			2020-08-07
	14. PENN NATL GAMING INC COM W/RTS ATTACHED			2020-08-11
	75000. U S TREASURY NT 2.625% 8/15/20		2010-08-16	2020-08-15
	22. HORIZON THERAPEUTICS PLC			2020-08-18
	29. BUILDERS FIRSTSOURCE INC			2020-08-20
	18. MERCURY COMPUTER SYS INC			2020-08-24
	26. PENN NATL GAMING INC COM W/RTS ATTACHED			2020-08-28
	6. OXFORD INDUSTRIES INC		2019-11-14	2020-09-04
	16. OXFORD INDUSTRIES INC			2020-09-04
	20. ENTEGRIS INC			2020-09-15
	11. PENN NATL GAMING INC COM W/RTS ATTACHED			2020-09-17
	128. INFINEON TECHNOLOGIES A G A D R			2020-09-22
	47. BLUCORA INC			2020-10-06
	33. VARIAN MED SYS INC COM		2019-12-18	2020-10-07
	10. PENN NATL GAMING INC COM W/RTS ATTACHED			2020-10-12
	57. YANDEX NV		2018-10-25	2020-10-12
	34. A A R CORP			2020-10-19
	165. AIA GROUP LTD ADR		2015-01-13	2020-10-19
	22. AMN HEALTHCARE SERVICES INC			2020-10-19
	18. ASGN INC			2020-10-19
	11. ASGN INC		2019-11-07	2020-10-19
	13. ADIDAS AG A D R		2019-02-01	2020-10-19
	202. ADYEN NV UNSPON A D R			2020-10-19
	55. AIR LIQUIDE ADR		2015-01-13	2020-10-19
	66. ALFA LAVAL AB SWEDEN ADR UNSOLICITED BOU		2016-02-12	2020-10-19
	9. ALIBABA GROUP HOLDING LTD A D R		2020-05-13	2020-10-19
	169. ALLIANZ SE UNSP A D R			2020-10-19
	539. AMBEV SA SPN A D R		2018-08-20	2020-10-19
	45. AMERIS BANCORP			2020-10-19
	41. ARCOSA INC		2019-12-09	2020-10-19
	25. ASBURY AUTOMOTIVE GROUP			2020-10-19
	18. ATLAS AIR INC		2020-02-24	2020-10-19
	31. ATLAS AIR INC			2020-10-19
	102. ATLAS COPCO AB SPONS A D R			2020-10-19
	577. BANCO BILBAO VIZCAYA - SPON ADR			2020-10-19
	1840.491 BARON EMERGING MARKETS INSTITUTIONAL			2020-10-19
	20. BEACON ROOFING SUPPLY INC		2020-02-21	2020-10-19
	36. BEACON ROOFING SUPPLY INC			2020-10-19
	38. BOISE CASCADE CO			2020-10-19
	104. BOYD GAMING CORP COM			2020-10-19
	72. BUILDERS FIRSTSOURCE INC			2020-10-19
	10. CACI INTERNATIONAL INC CL A			2020-10-19
	108. CALLAWAY GOLF CO			2020-10-19
	16. CANADIAN NATL RY CO COM			2020-10-19
	24. CANTEL MEDICAL CORP			2020-10-19
	1507.159 CAUSEWAY EMERGING MARKETS INSTL		2018-11-14	2020-10-19
	37. CHINA MOBILE LIMITED A D R		2019-03-27	2020-10-19
	192. CHUGAI PHARMACEUTIC UNSP A D R		2019-03-07	2020-10-19
	49. CIENA CORPORATION NEW			2020-10-19
	45. COMMVAULT SYSTEMS INC			2020-10-19
	58. CORE MARK HLDG CO INC		2020-09-16	2020-10-19
	67. DBS GROUP HOLDINGS LTD - SPON ADR			2020-10-19
	21. DASSAULT SYSTEMES S.A. SPA ADR			2020-10-19
	33. DELEK HOLDCO INC			2020-10-19
	16. DIAGEO PLC SPONSORED ADR NEW		2019-03-06	2020-10-19
	45. DIODES INC			2020-10-19
	25. DYCOM INDUSTRIES INC			2020-10-19
	24. EMCOR GROUP INC			2020-10-19
	50. ENERGIZER HLDGS INC			2020-10-19
	27. ENERSYS			2020-10-19
	21. ENTEGRIS INC		2014-09-09	2020-10-19
	124. EPIROC AB UNSP A D R		2019-03-27	2020-10-19
	28. EVERCORE PARTNERS INC			2020-10-19
	141. EVOLENT HEALTH INC A			2020-10-19
	20. FNB CORP		2015-09-02	2020-10-19
	162. FNB CORP			2020-10-19
	39. FNB CORP		2019-10-24	2020-10-19
	67. FANUC CORPORATION A D R		2016-01-21	2020-10-19
	2579.979 FEDERATED INST HI YLD BD FD		2017-12-22	2020-10-19
	107. FERRO CORPORATION			2020-10-19
	142. FIREEYE INC			2020-10-19
	169. FIRST HORIZON NATIONAL CORP			2020-10-19
	78. FIRST MIDWEST BANCORP INC DEL			2020-10-19
	26. FOMENTO ECONOMICO MEX SP A D R		2020-06-08	2020-10-19
	52. FUCHS PETROLUB SE PREF A D R		2015-07-20	2020-10-19
	125. GRAPHIC PACKAGING HLDG CO			2020-10-19
	27. H D F C BK LTD A D R		2017-07-05	2020-10-19
	10. HANCOCK HLDG CO		2019-10-28	2020-10-19
	41. HANCOCK HLDG CO			2020-10-19
	63. HANNON ARMSTRONG SUSTAINABLE			2020-10-19
	35. HEALTHEQUITY INC			2020-10-19
	66. HILLENBRAND INC			2020-10-19
	138. HOSTESS BRANDS INC			2020-10-19
	61. HUDSON PACIFIC PROPERTIES INC			2020-10-19
	8. ICU MEDICAL INC COM			2020-10-19
	158. ICICI BANK LTD A D R		2016-12-14	2020-10-19
	173. INFINEON TECHNOLOGIES A G A D R		2017-06-02	2020-10-19
	94. IRONWOOD PHARMACEUTICALS INC		2020-08-24	2020-10-19
	596. ITAU UNIBANCO HOLDINGS SA A D R		2020-06-08	2020-10-19
	24. J2 GLOBAL INC			2020-10-19
	117. KOMATSU LTD - SPON ADR		2018-11-12	2020-10-19
	32. KUBOTA LTD A D R		2019-01-22	2020-10-19
	3. LCI INDUSTRIES		2020-06-24	2020-10-19
	14. LCI INDUSTRIES			2020-10-19
	67. LOREAL UNSPONSORED A D R		2015-01-13	2020-10-19
	28. LA Z BOY INC		2020-10-19	2020-10-19
	148. LEXINGTON REALTY TRUST		2019-12-13	2020-10-19
	70. LONZA GROUP AG UNSPON A D R		2018-05-18	2020-10-19
	26. LUMINEX CORP DEL			2020-10-19
	29. MASONITE INTERNATIONAL CORP			2020-10-19
	37. MASTEC INC			2020-10-19
	61. MATADOR RESOURCES CO			2020-10-19
	26. MERIT MEDICAL SYSTEMS INC COM			2020-10-19
	23. MERIT MEDICAL SYSTEMS INC COM		2020-03-09	2020-10-19
	98. N C R CORP NEW		2020-09-22	2020-10-19
	25. NEOGEN CORP			2020-10-19
	69. NEOGENOMICS INC			2020-10-19
	35. NESTLE S A SPONSORED ADR REPSTG REG SH		2015-01-13	2020-10-19
	48. NEW JERSEY RESOURCES CORP			2020-10-19
	27. NEXSTAR BROADCASTING GROUP A			2020-10-19
	117. NITORI HLDGS CO LTD UNSP ADR A D R		2020-03-16	2020-10-19
	26. NOVOZYMES A S UNSPONS A D R		2018-03-27	2020-10-19
	26. NUVASIVE INC			2020-10-19
	39. OTTER TAIL CORP			2020-10-19
	87. OUTFRONT MEDIA INC			2020-10-19
	23. LUKOIL PJSC SPON A D R		2019-03-27	2020-10-19
	29. PACIRA PHARMACEUTICALS INC			2020-10-19
	94. PING AN INSURANCE ADR		2019-03-27	2020-10-19
	38. PORTLAND GENERAL ELECTRIC COMPANY			2020-10-19
	58. PRESTIGE BRANDS HLDGS INC			2020-10-19
	185. R1 RCM INC			2020-10-19
	99. RADIAN GROUP INC			2020-10-19
	85. REXNORD CORP			2020-10-19
	42. RIO TINTO PLC SPONSORED ADR		2019-04-16	2020-10-19
	82. ROCHE HLDG LTD SPONSORED ADR			2020-10-19
	40. ROYAL DUTCH SHELL A D R		2020-04-16	2020-10-19
	32. SPS COMMERCE INC			2020-10-19
	38. SAP AG SYSTEM ANWENDUNGEN PRODUKTE INDER DATENVERARBEITU			2020-10-19
	126. SCHNEIDER ELECT SE UNSP A D R		2019-12-11	2020-10-19
	51. SGS SA A D R		2019-04-16	2020-10-19
	100. SHIONOGI CO LTD UNSPON A D R		2020-02-20	2020-10-19
	32. SILGAN HLDGS INC		2020-04-07	2020-10-19
	62. SIMMONS 1ST NATIONAL CORP CL A			2020-10-19
	40. SONOVA HOLDING UNSPON ADR		2015-07-20	2020-10-19
	51. STAG INDUSTRIAL INC			2020-10-19
	31. STIFEL FINANCIAL CORP			2020-10-19
	58. SUPERNUS PHARMACEUTICALS INC			2020-10-19
	74. SYMRISE AG UNSPON A D R		2015-01-13	2020-10-19
	32. SYNEOS HEALTH INC			2020-10-19
	18. SYSMEX CORP UNSPON A D R		2015-07-20	2020-10-19
	59. TCF FINANCIAL CORP			2020-10-19
	102. TRI POINTE GROUP INC			2020-10-19
	103. TTM TECHNOLOGIES			2020-10-19
	67. TTM TECHNOLOGIES			2020-10-19
	74. TAIWAN SEMICONDUCTOR MFG SPON ADR			2020-10-19
	48. TENCENT HLDGS LTD A D R		2019-02-01	2020-10-19
	15. TIMKEN CO		2019-11-08	2020-10-19
	22. TIMKEN CO			2020-10-19
	10. II-VI INC		2019-09-09	2020-10-19
	41. II-VI INC		2020-02-20	2020-10-19
	123. UMPQUA HOLDINGS CORP COM			2020-10-19
	356. UNI CHARM CORPORATION A D R		2019-03-06	2020-10-19
	47. UNILEVER PLC COM		2015-07-20	2020-10-19
	57. UNITED COMMUNITY BANKS INC			2020-10-19
	79. UNIVAR INC		2020-08-24	2020-10-19
	41. VERINT SYS INC COM			2020-10-19
	64. VOCERA COMMUNICATIONS INC			2020-10-19
	211. VONAGE HLDGS CORP			2020-10-19
	70. WASHINGTON REAL ESTATE INVT TR			2020-10-19
	33. WESCO INTL INC		2020-02-05	2020-10-19
	62. WESTERN ALLIANCE BANCORPORATION			2020-10-19
	22. WINTRUST FINANCIAL CORP			2020-10-19
	12. WINTRUST FINANCIAL CORP		2019-11-20	2020-10-19
	8. HELEN OF TROY LTD			2020-10-19
	11. LINDE PLC		2018-12-12	2020-10-19
	23. ALCON INC		2020-06-08	2020-10-19
	30. CHECKPOINT SOFTWARE COM		2016-09-12	2020-10-19
	24. YANDEX NV		2018-10-25	2020-10-19
	1146.132 BARON EMERGING MARKETS INSTITUTIONAL		2015-07-20	2020-11-24
	97. STANDARD & POORS DEPOSITARY RECEIPTS		2014-09-09	2020-11-24
	59. INFINEON TECHNOLOGIES A G A D R			2020-12-07
	92. HD SUPPLY HOLDINGS INC		2019-05-07	2020-12-15
	17. LENNOX INTERNATIONAL INC		2015-07-20	2020-12-18
	120. CHINA MOBILE LIMITED A D R		2019-03-27	2020-12-21
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	4	16	-12
b	1,821	1,750	71
c	2,392	2,287	105
d	4,071	1,867	2,204
e	1,092	1,695	-603
	168	271	-103
	465	235	230
	827	776	51
	164	733	-569
	155	967	-812
	76	259	-183
	166	312	-146
	776	1,344	-568
	2,065	3,821	-1,756
	19	165	-146
	153	1,012	-859
	187	1,380	-1,193
	210	924	-714
	414	1,749	-1,335
	77	345	-268
	137	1,322	-1,185
	113	1,452	-1,339
	68	401	-333
	2,088	4,424	-2,336
	2,989	4,452	-1,463
	667	1,299	-632
	1,632	4,525	-2,893
	3,942	5,964	-2,022
	3,109	5,358	-2,249
	2,597	1,901	696
	2,062	2,059	3
	3,744	3,678	66
	1,278	698	580
	4,754	4,015	739
	384	4,285	-3,901
	1,601	9,494	-7,893
	843	2,323	-1,480
	2,517	2,262	255
	1,350	1,188	162
	68	50	18
	2,431	1,416	1,015
	1,075	582	493
	52,126	53,389	-1,263
	642	563	79
	598	248	350
	4,345	3,528	817
	6,397	4,424	1,973
	343	346	-3
	253	209	44
	380	109	271
	5,567	7,470	-1,903
	8,572	12,618	-4,046
	2,231	1,933	298
	9,596	9,288	308
	9,598	9,883	-285
	19,183	24,005	-4,822
	40,106	37,243	2,863
	3,560	4,093	-533
	613	272	341
	3,353	865	2,488
	2,887	4,662	-1,775
	3	2	1
	694	134	560
	5	12	-7
	771	156	615
	4,757	3,296	1,461
	7,159	2,905	4,254
	4,508	1,160	3,348
	923	142	781
	570	643	-73
	586	595	-9
	948	666	282
	659	457	202
	75,000	75,188	-188
	1,605	232	1,373
	818	341	477
	1,365	595	770
	1,409	784	625
	253	433	-180
	675	1,040	-365
	1,372	478	894
	789	253	536
	3,489	3,570	-81
	478	1,091	-613
	5,674	4,695	979
	657	200	457
	3,504	1,537	1,967
	673	1,444	-771
	6,572	3,734	2,838
	1,467	747	720
	1,264	936	328
	772	752	20
	2,150	1,484	666
	7,716	6,807	909
	1,714	1,093	621
	1,443	1,033	410
	2,735	1,817	918
	3,219	2,782	437
	1,257	2,650	-1,393
	1,161	1,778	-617
	1,956	1,654	302
	2,885	2,103	782
	1,158	516	642
	1,995	1,600	395
	4,779	2,786	1,993
	1,553	4,552	-2,999
	29,816	23,107	6,709
	713	682	31
	1,283	1,794	-511
	1,487	1,297	190
	3,567	2,443	1,124
	2,346	827	1,519
	2,103	1,323	780
	2,137	1,588	549
	1,779	1,025	754
	1,161	1,784	-623
	20,060	17,769	2,291
	1,188	1,906	-718
	3,949	2,232	1,717
	2,026	1,953	73
	1,906	2,659	-753
	1,691	1,835	-144
	4,199	4,187	12
	3,929	2,405	1,524
	336	1,009	-673
	2,180	2,524	-344
	2,789	1,450	1,339
	1,646	2,075	-429
	1,701	1,365	336
	2,047	2,266	-219
	1,973	1,798	175
	1,698	253	1,445
	1,793	1,223	570
	2,170	2,232	-62
	1,578	1,914	-336
	147	248	-101
	1,191	2,203	-1,012
	287	474	-187
	1,292	1,051	241
	25,000	25,774	-774
	1,398	2,177	-779
	1,970	2,431	-461
	1,773	3,039	-1,266
	923	1,907	-984
	1,453	1,892	-439
	684	577	107
	1,786	1,564	222
	1,550	1,190	360
	216	403	-187
	886	1,540	-654
	2,773	1,292	1,481
	1,813	2,307	-494
	2,063	2,375	-312
	1,826	1,715	111
	1,246	2,076	-830
	1,532	1,374	158
	1,787	1,123	664
	5,553	3,967	1,586
	922	995	-73
	2,438	3,490	-1,052
	1,662	1,644	18
	2,694	3,179	-485
	2,893	2,513	380
	353	334	19
	1,647	1,068	579
	4,573	2,246	2,327
	1,002	1,002
	1,529	1,564	-35
	4,427	1,869	2,558
	553	701	-148
	2,912	1,870	1,042
	1,737	1,418	319
	501	1,811	-1,310
	1,230	1,015	215
	1,088	851	237
	2,146	1,912	234
	1,740	1,626	114
	2,937	1,471	1,466
	4,095	2,546	1,549
	1,363	1,541	-178
	2,345	2,160	185
	2,472	1,526	946
	1,666	1,354	312
	1,362	1,528	-166
	1,510	1,847	-337
	1,195	1,769	-574
	1,231	2,072	-841
	1,582	1,419	163
	2,036	2,055	-19
	1,420	2,089	-669
	2,030	2,040	-10
	3,116	1,978	1,138
	1,785	1,543	242
	2,662	2,517	145
	2,486	2,541	-55
	3,466	2,836	630
	958	1,272	-314
	2,766	1,700	1,066
	5,798	3,540	2,258
	3,149	2,539	610
	1,346	1,331	15
	1,226	1,471	-245
	1,237	973	264
	1,031	1,507	-476
	2,123	1,116	1,007
	1,623	1,480	143
	1,831	1,642	189
	1,157	1,895	-738
	2,512	1,140	1,372
	1,898	1,541	357
	872	559	313
	1,582	2,209	-627
	1,887	1,278	609
	1,283	1,719	-436
	835	853	-18
	6,465	1,561	4,904
	3,462	2,130	1,332
	888	807	81
	1,302	1,012	290
	460	372	88
	1,886	1,503	383
	1,518	2,147	-629
	3,378	2,458	920
	2,907	2,123	784
	1,088	1,554	-466
	1,439	1,439
	2,160	1,718	442
	2,084	2,334	-250
	2,315	2,220	95
	1,326	1,604	-278
	1,486	1,648	-162
	2,300	2,409	-109
	1,040	1,170	-130
	567	797	-230
	1,541	797	744
	2,531	1,778	753
	1,404	1,444	-40
	3,790	2,326	1,464
	1,373	647	726
	20,206	13,427	6,779
	35,233	19,381	15,852
	2,151	1,316	835
	5,128	4,247	881
	4,761	1,998	2,763
	3,366	6,181	-2,815
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670
			5,670

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			-12
b			71
c			105
d			2,204
e			-603
			-103
			230
			51
			-569
			-812
			-183
			-146
			-568
			-1,756
			-146
			-859
			-1,193
			-714
			-1,335
			-268
			-1,185
			-1,339
			-333
			-2,336
			-1,463
			-632
			-2,893
			-2,022
			-2,249
			696
			3
			66
			580
			739
			-3,901
			-7,893
			-1,480
			255
			162
			18
			1,015
			493
			-1,263
			79
			350
			817
			1,973
			-3
			44
			271
			-1,903
			-4,046
			298
			308
			-285
			-4,822
			2,863
			-533
			341
			2,488
			-1,775
			1
			560
			-7
			615
			1,461
			4,254
			3,348
			781
			-73
			-9
			282
			202
			-188
			1,373
			477
			770
			625
			-180
			-365
			894
			536
			-81
			-613
			979
			457
			1,967
			-771
			2,838
			720
			328
			20
			666
			909
			621
			410
			918
			437
			-1,393
			-617
			302
			782
			642
			395
			1,993
			-2,999
			6,709
			31
			-511
			190
			1,124
			1,519
			780
			549
			754
			-623
			2,291
			-718
			1,717
			73
			-753
			-144
			12
			1,524
			-673
			-344
			1,339
			-429
			336
			-219
			175
			1,445
			570
			-62
			-336
			-101
			-1,012
			-187
			241
			-774
			-779
			-461
			-1,266
			-984
			-439
			107
			222
			360
			-187
			-654
			1,481
			-494
			-312
			111
			-830
			158
			664
			1,586
			-73
			-1,052
			18
			-485
			380
			19
			579
			2,327

			-35
			2,558
			-148
			1,042
			319
			-1,310
			215
			237
			234
			114
			1,466
			1,549
			-178
			185
			946
			312
			-166
			-337
			-574
			-841
			163
			-19
			-669
			-10
			1,138
			242
			145
			-55
			630
			-314
			1,066
			2,258
			610
			15
			-245
			264
			-476
			1,007
			143
			189
			-738
			1,372
			357
			313
			-627
			609
			-436
			-18
			4,904
			1,332
			81
			290
			88
			383
			-629
			920
			784
			-466

			442
			-250
			95
			-278
			-162
			-109
			-130
			-230
			744
			753
			-40
			1,464
			726
			6,779
			15,852
			835
			881
			2,763
			-2,815

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	56,832
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Part V

Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income

SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE

1 Reserved

(a) Reserved	(b) Reserved	(c) Reserved	(d) Reserved

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

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

Form 990-PF (2020)

Page 4

Part VI

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Reserved................................	1	1,041
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	1,041
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	1,041
6	Credits/Payments:

a	2020 estimated tax payments and 2019 overpayment credited to 2020	6a	288
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

7	Total credits and payments. Add lines 6a through 6d..............		7	288
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	753
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2021 estimated tax0	Refunded	11	0

Part VII-A

Statements Regarding Activities

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

Yes

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

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

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

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

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

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

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

on foundation managers. bullet

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

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

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

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

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

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

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

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XV..................................

Yes

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

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.

If "Yes," complete Part XIV .............................

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

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

Form 990-PF (2020)

Page 5

Part VII-A

Statements Regarding Activities (continued)

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement. See instructions.................

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

Yes

Website address bullet

The books are in care of bullet

US BANK NA Telephone no. bullet

(855) 452-4020

Located at bullet

800 NICOLLET MALLMINNEAPOLISMN ZIP+4 bullet

55402

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here ......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ........ bullet

16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country? .................

16 No

See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country bullet

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? YesNo

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

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

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

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

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)?...............YesNo

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.).......YesNo

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........

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

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2020?.............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2020, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2020?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

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

20, 20, 20, 20

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

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

If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2020.)..................

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

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?

Form 990-PF (2020)

Page 6

Part VII-B

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

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

Yes

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

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

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

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

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

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

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

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

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......

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

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant?..........YesNo

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

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

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

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

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

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

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

Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or

excess parachute payment during the year? .................YesNo

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation. See instructions

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)
THEODORE J COLLINS	CO-TRUSTEE 1	24,727
1872 BOHLAND AVE ST PAUL,MN55116	CO-TRUSTEE 1	24,727
JOHN E KING	CO0TRUSTEE 1	24,727
2163 VIOLET LANE NEW BRIGHTON,MN551125168	CO0TRUSTEE 1	24,727
US BANK N A	TRUSTEE 1	49,453
PO BOX 0634 MILWAUKEE,WI532010634	TRUSTEE 1	49,453

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

Form 990-PF (2020)

Page 7

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
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


2


All other program-related investments. See instructions.
3

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

Form 990-PF (2020)

Page 8

Part X

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

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

purposes:

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

3,515,641

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

85,204

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

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

3,600,845

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

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

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

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

3,600,845

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

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

54,013

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

3,546,832

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

177,342

Part XI

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow

and do not complete this part.)

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

177,342

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

1,041

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

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

1,041

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

176,301

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

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

176,301

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

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

176,301

Part XII

Qualifying Distributions (see instructions)

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

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

178,848

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

178,848

Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment

income. Enter 1% of Part I, line 27b. See instructions.................

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

178,848

Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.

Form 990-PF (2020)

Page 9

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2019	(c) 2019	(d) 2020
1 Distributable amount for 2020 from Part XI, line 7					176,301
2 Undistributed income, if any, as of the end of 2020:
a Enter amount for 2019 only.......				0
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2020:
a From 2015......	20,500
b From 2016......	2,663
c From 2017......	9,811
d From 2018......	17,702
e From 2019......	21,354
fTotal of lines 3a through e........		72,030
4Qualifying distributions for 2020 from Part
XII, line 4: $ 178,848
a Applied to 2019, but not more than line 2a				0
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2020 distributable amount.....					176,301
e Remaining amount distributed out of corpus		2,547
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		74,577
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2019. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2020. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2021 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2015 not applied on line 5 or line 7 (see instructions) ...		20,500
9Excess distributions carryover to 2021. Subtract lines 7 and 8 from line 6a ......		54,077
10 Analysis of line 9:
a Excess from 2016....	2,663
b Excess from 2017....	9,811
c Excess from 2018....	17,702
d Excess from 2019....	21,354
e Excess from 2020....	2,547

Form 990-PF (2020)

Page 10

Part XIV

Private Operating Foundations (see instructions and Part VII-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2020	(b) 2019	(c) 2018	(d) 2017	(e) Total

b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed...
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XV

Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

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

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

SARAH GODFREY
800 NICOLLET MALL BC-MN-H16A
MINNEAPOLIS,MN55402
(612) 303-3208

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

IN THE FORM OF A LETTER OUTLINING THE REQUEST TOGETHER WITH SUPPORTING MATERIALS AS THE APPLICANT REQUIRES. THE FDN DOES NOT HAVE A FIXED FORMAT. INCLUDE A COPY OF THE IRS EXEMPTION LETTER.

cAny submission deadlines:

THERE ARE NO SUBMISSION DEADLINES.

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

THE FDN DOES NOT MAKE GRANTS TO INDIVIDUALS OR ORGS WHICH REQUIRE EXPENDITURE RESPONSIBILITY. PRIMARY GRANTS ARE TO ED, CULTURAL, YOUTH & CNTY SUPPORT ORG IN MN.

Form 990-PF (2020)

Page 11

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
THE BRIDGE FOR YOUTH 1111 WEST 22ND STREET MINNEAPOLIS,MN55405	NONE	PC	GENERAL OPERATING	3,000
HOUSE OF CHARITY 510 SOUTH 8TH STREET MINNEAPOLIS,MN55404	NONE	PC	GENERAL OPERATING	4,000
INTERFAITH ACTION OF GREATER SAINT PAUL 1671 SUMMIT AVENUE ST PAUL,MN55105	NONE	PC	GENERAL OPERATING	2,000
MIXED BLOOD THEATER 1501 SOUTH 4TH STREET MINNEAPOLIS,MN55454	NONE	PC	GENERAL OPERATING	3,000
SOJOURNER PROJECT PO BOX 272 HOPKINS,MN55343	NONE	PC	GENERAL OPERATING	2,000
OUR LADY OF PEACE HOME 20765 ST ANTHONY AVENUE ST PAUL,MN55104	NONE	NONE	GENERAL	3,000
MINNESOTA ASSISTANCE COUNCIL 360 N ROBERT ST SUITE 306 ST PAUL,MN55101	NONE	PC	GENERAL OPERATING	3,000
BREAKTHROUGH TWIN CITIES 2051 LARPENTEUR AVENUE E ST PAUL,MN55109	NONE	PC	GENERAL OPERATING	3,000
CLARE HOUSING 929 CENTRAL AVENUE MINNEAPOLIS,MN55413	NONE	PC	GENERAL OPERATING	3,000
BIG BROTHERS BIG SISTERS OF -- 2550 UNIVERSITY AVE W SUITE 410N ST PAUL,MN55114	NONE	PC	GENERAL OEPRATING	3,000
NEIGHBORHOOD HOUSE 179 ROBIE STREET EAST ST PAUL,MN55107	NONE	PC	GENERAL OPERATING	3,000
COLLEGE POSSIBLE 755 PRIOR AVE N STE 200 ST PAUL,MN55104	NONE	PC	GENERAL OPERATING	3,000
LA OPORTUNIDAD 2700 EAST LAKE ST STE 3100 MINNEAPOLIS,MN55406	NONE	PC	GENERAL OPERATING	3,000
ST STEPHEN'S HUMAN SERVICES 2309 NICOLLET AVE S MINNEAPOLIS,MN55404	NONE	PC	GENERAL OPERATING	2,000
HEARTS & HAMMERS 2599 FAIRVIEW AVE N ST PAUL,MN55113	NONE	PC	GENERAL OPERATING	3,000
NEIGHBORHOOD NETWORK FOR SENIORS 1895 LAUREL AVENUE ST PAUL,MN55104	NONE	PC	GENERAL OPERATING	2,000
DAKOTA WOODLANDS 3430 WESCOTT WOODLANDS EAGAN,MN55123	NONE	PC	GENERAL OPERATING	3,000
GREATER MINNEAPOLIS CRISIS NURSERY 4544 4TH AVENUE SOUTH MINNEAPOLIS,MN55419	NONE	PC	GENERAL OPERATING	4,000
CARMEN PAMPA FUND PO BOX 131145 ST PAUL,MN55113	NONE	PC	GENERAL OPERATING	3,000
GREATER TWIN CITIES YOUTH -- 408 SAINT PETER ST SUITE 300 ST PAUL,MN55102	NONE	PC	GENERAL OPERATING	2,000
HOPE ACADEMY 2300 CHICAGO AVENUE S MINNEAPOLIS,MN55404	NONE	PC	GENERAL OPERATING	3,000
360 COMMUNITIES 501 E HIGHWAY 13 SUITE 102 BURNSVILLE,MN55337	NONE	PC	GENERAL OPERATING	3,000
BANYAN COMMUNITY 2647 BLOOMINGTON AVENUE S MINNEAPOLIS,MN55407	NONE	PC	GENERAL OPERATING	3,000
REGIONS HOSPITAL FOUNDATION 640 JACKSON STREET ST PAUL,MN55101	NONE	PC	GENERAL OPERATING	8,000
CRISTO REY JESUIT HIGH SCHOOL 2924 4TH AVE S MINNEAPOLIS,MN55408	NONE	PC	GENERAL OPERATING	3,000
EMMA NORTON SERVICES 670 ROBERT STREET N ST PAUL,MN55101	NONE	PC	GENERAL OPERATING	4,000
LISTENING HOUSE 215 NINTH STREET WEST ST PAUL,MN55102	NONE	PC	GENERAL OPERATING	4,000
EAST SIDE LEARNING CENTER 740 YORK AVENUE ST PAUL,MN55106	NONE	PC	GENERAL OPERATING	3,000
OPPORTUNITY NEIGHBORHOOD 1417 10TH STREET NW 104 NEW BRIGHTON,MN55112	NONE	PC	GENERAL OPERATING	2,000
KEYSTONE COMMUNITY SERVICES 2000 ST ANTHONY AVENUE ST PAUL,MN55104	NONE	PC	GENERAL OPERATING	3,000
DIVISION OF INDIAN WORK PO BOX 7509 1001 E LAKE ST MINNEAPOLIS,MN55407	NONE	N/A	GENERAL	2,000
CHILDREN'S LAW CENTER OF MINNESOTA 450 SYNDICATE ST N SUITE 315 ST PAUL,MN55104	NONE	PC	GENERAL OPERATING	2,000
LITTLE BROTHERS - FRIENDS OF -- 1845 E LAKE STREET MINNEAPOLIS,MN55407	NONE	PC	GENERAL OPERATING	3,000
LITTLE SISTERS OF THE POOR OF -- 330 S EXCHANGE STREET ST PAUL,MN55102	NONE	PC	GENERAL OPERATING	2,000
UPSTREAM ARTS 3501 CHICAGO AVE S MINNEAPOLIS,MN55407	NONE	PC	GENERAL OPERATING	2,000
FAMILYMEANS 1875 NORTHWESTERN AVENUE STILLWATER,MN55082	NONE	PC	GENERAL OPERATING	3,000
WALLIN EDUCATION PARTNERS 5200 WILLSON ROAD SUITE 209 MINNEAPOLIS,MN55424	NONE	PC	GENERAL SUPPORT	2,000
CHANGE INC 381 EAST ROBIE STREET ST PAUL,MN55107	NONE	PC	GENERAL OPERATING	3,000
GOOD IN THE HOOD 2101 CHICAGO AVENUE SOUTH MINNEAPOLIS,MN55404	NONE	PC	GENERAL OPERATING	3,000
MOBILEHOPE 7900 MAPLE HILL ROAD CORCORAN,MN55340	NONE	PC	GENERAL OPERATING	2,000
SAINT PAUL CHAMBER OF COMMERCE-- 401 ROBERT ST N STE 150 SAINT PAUL,MN55101	NONE	PC	GENERAL OPERATING	8,000
Total ................................. 3a				125,000

bApproved for future payment

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

Form 990-PF (2020)

Page 12

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities....			14	73,968
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income.....
8 Gain or (loss) from sales of assets other than inventory ............			18	56,832
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aFEDERAL TAX REFUND			1	2,148
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..				132,948

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

132,948

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

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2020)

Page 13

Part XVII

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

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Yes

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........Yes No

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

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

Form 990-PF (2020)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

Name of Bond	End of Year Book Value	End of Year Fair Market Value
13161T401 CALVERT SHORT DURATI	85,000	86,387
36962G5J9 GENERAL ELEC CAP MTN
277923728 EATON VANCE GLOBAL M	111,743	109,402
464288281 ISHARES JPMORGAN USD	49,955	52,855
31420B300 FEDERATED INST HI YL	149,226	153,069
06367WMK6 BMO 24M SPX 1.5X LBR	90,000	97,731
921937801 VANGUARD INTRM TRM B	245,000	256,556
48132CWN9 JPM 24M MXEA 2X LBR	50,000	56,990
912828NT3 U S TREASURY NT
912828PX2 U S TREASURY NT	99,536	100,396

Name of Stock	End of Year Book Value	End of Year Fair Market Value
74347M108 PROPETRO HLDG CORP
97650W108 WINTRUST FINANCIAL C
874039100 TAIWAN SEMICONDUCTOR	4,111	21,699
049255706 ATLAS COPCO AB SPONS	6,917	14,456
103304101 BOYD GAMING CORP COM
780259107 ROYAL DUTCH SHELL A	6,407	5,142
217204106 COPART INC COM	2,284	6,617
G3922B107 GENPACT LIMITED
589378108 MERCURY COMPUTER SYS
750236101 RADIAN GROUP INC
29977A105 EVERCORE PARTNERS IN
095229100 BLUCORA INC
465562106 ITAU UNIBANCO HOLDIN	6,839	7,893
23304Y100 DBS GROUP HLDGS LTD	8,176	11,940
45662N103 INFINEON TECHNOLOGIE	10,205	22,089
009126202 AIR LIQUIDE S A A D	2,357	4,407
171340102 CHURCH AND DWIGHT CO	2,312	4,710
90333L201 U.S. CONCRETE INC
575385109 MASONITE INTERNATION
90984P303 UNITED COMMUNITY BAN
12008R107 BUILDERS FIRSTSOURCE
641069406 NESTLE SA SPONSORED	6,182	10,013
803866300 SASOL LTD SPONSORED
05946K101 BANCO BILBAO VIZCAYA	9,481	7,133
018805101 ALLIANZ SE A D R
922908553 VANGUARD REIT ETF	77,295	89,856
754730109 RAYMOND JAMES FINL I	2,659	4,688
592688105 METTLER-TOLEDO INTL	2,094	6,838
73278L105 POOL CORPORATION	2,213	7,078
131193104 CALLAWAY GOLF CO
904214103 UMPQUA HOLDINGS CORP
33829M101 FIVE BELOW
70509V100 PEBBLEBROOK HOTEL TR
92343X100 VERINT SYS INC COM
686688102 ORMAT TECHNOLOGIES I
957638109 WESTERN ALLIANCE BAN
81369Y209 HEALTH CARE SELECT S	57,314	84,172
172908105 CINTAS CORP	1,817	7,423
G4388N106 HELEN OF TROY LTD
29362U104 ENTEGRIS INC	5,470	6,439
868459108 SUPERNUS PHARMACEUTI
24665A103 DELEK HOLDCO INC
388689101 GRAPHIC PACKAGING HL
431571108 HILLENBRAND INC
198287203 COLUMBIA PROPERTY TR
803054204 SAP SE SPONSORED A D	8,629	15,125
237545108 DASSAULT SYSTEMES SA	7,344	14,461
056752108 BAIDU COM INC A D R
13123X102 CALLON PETE CO DEL
149498107 CAUSEWAY EMERGING MA	81,559	105,696
426281101 JACK HENRY ASSOCIATE
159864107 CHARLES RIV LABORATO	3,044	6,996
904767704 UNILEVER PLC SPSD AD	5,514	7,243
404280406 HSBC HOLDINGS PLC SP
45104G104 ICICI BANK LTD A D R	3,177	6,642
015393101 ALFA LAVAL AB SWEDEN	2,912	5,044
83569C102 SONOVA HOLDING UNSPO	3,404	6,409
001317205 AIA GROUP LTD ADR	8,625	16,164
053611109 AVERY DENNISON CORP
33616C100 FIRST REPUBLIC BANK	4,096	5,877
609839105 MONOLITHIC POWER SYS	2,382	10,987
315405100 FERRO CORPORATION
44930G107 ICU MEDICAL INC
267475101 DYCOM INDUSTRIES INC
92886T201 VONAGE HLDGS CORP
88870R102 TIVITY HEALTH INC
09739D100 BOISE CASCADE CO
64111Q104 NETGEAR INC RESTR
771195104 ROCHE HOLDINGS LTD S	9,578	12,801
M22465104 CHECK POINT SOFTWARE	6,339	10,899
136375102 CANADIAN NATL RY CO	2,541	4,504
502117203 LOREAL UNSPONSORED A	5,977	13,707
87155N109 SYMRISE AG UNSPON A	3,406	7,352
35952Q106 FUCHS PETROLUB SE PR	1,898	2,433
77957Y106 T ROWE PRICE MID CAP	100,397	104,755
922042676 VANGUARD GLBL EX US	62,353	57,134
761152107 RESMED INC	1,681	6,802
87265H109 TRI POINTE GROUP INC
65336K103 NEXSTAR BROADCASTING
806857108 SCHLUMBERGER LTD
501173207 KUBOTA LTD A D R	5,098	7,503
387328107 GRANITE CONSTRUCTION
691497309 OXFORD INDUSTRIES IN
78462F103 SPDR S P 500 ETF	618,302	1,178,470
579780206 MCCORMICK CO NON VTG	2,351	4,589
29084Q100 EMCOR GROUP INC
302520101 FNB CORP
127190304 CACI INTERNATIONAL I
001744101 AMN HEALTHCARE SERVI
307305102 FANUC CORPORATION A	2,547	4,420
06828M876 BARON EMERGING MARKE	69,593	113,226
48123V102 J2 GLOBAL INC
238337109 DAVE & BUSTERS ENTMT
87305R109 TTM TECHNOLOGIES
444097109 HUDSON PACIFIC PROPE
29275Y102 ENERSYS
87184P109 SYSMEX CORP UNSPON A	4,286	8,301
40415F101 H D F C BK LTD A D R	3,293	5,420
871607107 SYNOPSYS INC	1,017	6,222
216648402 COOPER COS INC	2,466	5,086
50189K103 LCI INDUSTRIES
526107107 LENNOX INTERNATIONAL
576323109 MASTEC INC
589889104 MERIT MEDICAL SYSTEM
G5494J103 LINDE PLC	4,040	6,588
54338V101 LONZA GROUP AG UNSPO	4,859	11,663
500458401 KOMATSU LTD A D R	4,502	6,339
69007J106 OUTFRONT MEDIA INC
29272W109 ENERGIZER HLDGS INC
989207105 ZEBRA TECHNOLOGIES C	3,347	8,840
576485205 MATADOR RESOURCES CO
00191U102 ASGN INC
513272104 LAMB WESTON HOLDING	2,891	3,780
49338L103 KEYSIGHT TECHNOLOGIE	3,333	7,793
02319V103 AMBEV SA SPN A D R	6,533	5,337
42226A107 HEALTHEQUITY INC
74758T303 QUALYS INC	4,165	5,728
98419M100 XYLEM INC
670704105 NUVASIVE INC
29786A106 ETSY INC	3,246	11,564
707569109 PENN NATL GAMING INC
76169B102 REXNORD CORP
320867104 FIRST MIDWEST BANCOR
073685109 BEACON ROOFING SUPPL
92857F107 VOCERA COMMUNICATION
000361105 A A R CORP
75524B104 RBC BEARINGS INC
70432V102 PAYCOM SOFTWARE INC	2,977	12,663
344419106 FOMENTO ECONOMICO ME	8,126	7,047
41068X100 HANNON ARMSTRONG SUS
44109J106 HOSTESS BRANDS INC
450828108 I B E R I A B A N K
049164205 ATLAS AIR INC
46090E103 INVESCO QQQ TRUST ET	54,819	150,595
670108109 NOVOZYMES A S UNSPON	3,483	3,824
55027E102 LUMINEX CORP DEL
N97284108 YANDEX NV	1,564	4,036
254543101 DIODES INC	4,084	7,544
368736104 GENERAC HOLDINGS INC	2,179	9,096
87166B102 SYNEOS HEALTH INC
G50871105 JAZZ PHARMACEUTICALS
122017106 BURLINGTON STORES IN	2,708	5,754
83088M102 SKYWORKS SOLUTIONS I	4,646	8,256
00687A107 ADIDAS AG A D R	4,901	7,869
874054109 TAKE-TWO INTERACTIVE	4,553	7,065
204166102 COMMVAULT SYSTEMS IN
64049M209 NEOGENOMICS INC
96208T104 WEX INC
736508847 PORTLAND GENERAL ELE
410120109 HANCOCK HLDG CO
828730200 SIMMONS 1ST NATIONAL
171779309 CIENA CORPORATION NE	3,727	4,809
171269103 CHUGAI PHARMACEUTIC	4,325	9,895
72341E304 PING AN INSURANCE AD	6,099	6,836
249034109 DENTSU INC UNSPON A
099502106 BOOZ ALLEN HAMILTON	4,405	4,969
78463M107 SPS COMMERCE INC
879360105 TELEDYNE TECHNOLOGIE	4,245	5,488
529043101 LEXINGTON REALTY TRU
872307103 TCF FINANCIAL CORP
03076K108 AMERIS BANCORP
88032Q109 TENCENT HLDGS LTD A	7,429	11,215
02263T104 AMADEUS IT HOLDING U
80687P106 SCHNEIDER ELECT SE U	7,272	11,117
45167R104 IDEX CORP	4,081	5,378
866674104 SUN CMNTYS INC	4,252	4,407
92220P105 VARIAN MED SYS INC C
40416M105 HD SUPPLY HOLDINGS I
16941M109 CHINA MOBILE LIMITED
G8473T100 STERIS PLC	2,908	6,065
887389104 TIMKEN CO
31816Q101 FIREEYE INC
25243Q205 DIAGEO PLC SPONSORED	6,467	6,511
29429L105 EPIROC AB UNSP A D R	3,517	6,690
749397105 R1 RCM INC
G46188101 HORIZON THERAPEUTICS	4,831	6,291
922908744 VANGUARD VALUE ETF	124,988	135,495
902104108 II-VI INC
138098108 CANTEL MEDICAL CORP
30050B101 EVOLENT HEALTH INC A
039653100 ARCOSA INC
767204100 RIO TINTO PLC A D R	6,469	9,628
90460M204 UNI CHARM CORPORATIO	7,651	10,549
818800104 SGS SA A D R	3,627	4,171
69343P105 LUKOIL PJSC SPON A D	5,798	4,512
64125C109 NEUROCRINE BIOSCIENC	5,001	3,546
65479L108 NITORI HLDGS CO LTD	2,947	4,787
955306105 WEST PHARMACEUTICAL	4,765	5,950
969904101 WILLIAMS SONOMA INC	4,264	6,925
339750101 FLOOR DECOR HOLDINGS	6,295	5,850
34959E109 FORTINET INC	4,010	5,496
574599106 MASCO CORP	6,113	6,097
00971T101 AKAMAI TECHNOLOGIES	3,537	4,200
01609W102 ALIBABA GROUP HOLDIN	4,643	5,353
00783V104 ADYEN NV UNSPON A D	7,930	20,926
018820100 ALLIANZ SE UNSP A D	7,666	11,586
824667109 SHIONOGI CO LTD UNSP	3,957	3,685
H01301128 ALCON INC	5,964	6,268
446413106 HUNTINGTON INGALLS I	3,851	3,580

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
912828PX2 U S TREASURY NT
922908645 VANGUARD MID-CAP IND	AT COST	120,000	135,208
057071854 BAIRD AGGREGATE BOND	AT COST	90,000	89,167
316146182 FIDELITY SMALL CAP I	AT COST	100,000	122,391

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
ACCRUED INCOME		0	0
000000000 MISCELLANEOUS ENTRY	6,953	6,206	6,206

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAXES	1,720	1,720		0
FOREIGN TAXES ON NONQUALIFIED	273	273		0

Description	Amount
PY RETURN OF CAPITAL ADJ	404
ROC ADJ OF CY SALES	266
COST BASIS ADJUSTMENT	44