TY 2020 Form 990PF

- TIN:

Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

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

OMB No. 1545-0052

2020

Open to Public Inspection

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

Name of foundation
THE SWIGERT-WARREN FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)2825 COLBY AVENUE
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
EVERETT, WA98201

A Employer identification number

93-1083078

B Telephone number (see instructions)

(503) 481-6314

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

$13,928,925J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

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


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	275,318		275,318
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		-1,175,182
b	Gross sales price for all assets on line 6a 7,116,984
7	Capital gain net income (from Part IV, line 2)...
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).......		530
12	Total. Add lines 1 through 11........	-899,334		275,318
13	Compensation of officers, directors, trustees, etc.
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		3,250	3,250
c	Other professional fees (attach schedule)....		85,502	85,502
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		12,591	4,830
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........	7		7
23	Other expenses (attach schedule).......		75	75
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	101,425		93,664	0
25	Contributions, gifts, grants paid.......	1,350,000			1,350,000
26	Total expenses and disbursements. Add lines 24 and 25	1,451,425		93,664	1,350,000
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-2,350,759
b	Net investment income (if negative, enter -0-)			181,654
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

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

Form 990-PF (2020)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	2,129	22,960	22,960
	2	Savings and temporary cash investments.........	591,492	2,084,512	2,084,512
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......	1,316,509	2,053,124	3,559,230
	c	Investments—corporate bonds (attach schedule).......	4,074,611	3,664,517	3,839,150
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	7,147,610	2,956,479	4,423,073
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	13,132,351	10,781,592	13,928,925
	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........
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds	13,132,351	10,781,592
	29	Total net assets or fund balances (see instructions).....	13,132,351	10,781,592
	30	Total liabilities and net assets/fund balances (see instructions).	13,132,351	10,781,592

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

13,132,351

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

-2,350,759

Other increases not included in line 2 (itemize) bullet

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

10,781,592

Decreases not included in line 2 (itemize) bullet

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

10,781,592

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	PUBLICLY TRADED SECURITIES	P	2020-03-31	2020-12-31
b	PUBLICLY TRADED SECURITIES	P	2019-12-31	2020-12-31
c	CAPITAL GAIN DIVIDENDS	P	2019-12-31	2020-12-31
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	31,369	22,965	8,404
b	7,071,911	8,269,201	-1,197,290
c	13,704		13,704
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			8,404
b			-1,197,290
c			13,704
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	-1,175,182
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	-1,175,182

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	2,525
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	2,525
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	2,525
6	Credits/Payments:

a	2020 estimated tax payments and 2019 overpayment credited to 2020	6a	6,000
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	6,000
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.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	3,475
11	Enter the amount of line 10 to be: Credited to 2021 estimated tax3,475	Refunded	11

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

N/A

The books are in care of bullet

ROBYN BREWER Telephone no. bullet

(503) 225-2935

Located at bullet

2825 COLBY AVENUE STE AEVERETTWA ZIP+4 bullet

98201

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-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
ELIZABETH WARREN	Director 0.50	0
2111 SW 21ST AVE PORTLAND,OR97205	Director 0.50	0
WENDY WARREN	Director 0.50	0
2825 COLBY AVENUE STE A EVERETT,WA98201	Director 0.50	0
CATHARINE WARREN	Director 0.50	0
2825 COLBY AVENUE STE A EVERETT,WA98201	Director 0.50	0
WENDY BURDEN WARREN	Director 0.50	0
2825 COLBY AVENUE STE A EVERETT,WA98201	Director 0.50	0
ROBERT WARREN	Director 0.50	0
2373 SW MADISON ST PORTLAND,OR97205	Director 0.50	0

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

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

11,348,345

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

1,698,321

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

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

13,046,666

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

13,046,666

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

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

195,700

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

12,850,966

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

642,548

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

642,548

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

2,525

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

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

2,525

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

640,023

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

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

640,023

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

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

640,023

Part XII

Qualifying Distributions (see instructions)

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

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

1,350,000

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

1,350,000

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

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

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

1,350,000

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	(d) 2020
1 Distributable amount for 2020 from Part XI, line 7			640,023
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......
c From 2017......	1,058,236
d From 2018......	642,626
e From 2019......	520,071
fTotal of lines 3a through e........		2,220,933
4Qualifying distributions for 2020 from Part
XII, line 4: $ 1,350,000
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)........		0
d Applied to 2020 distributable amount.....			640,023
e Remaining amount distributed out of corpus		709,977
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		2,930,910
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 ......		2,930,910
10 Analysis of line 9:
a Excess from 2016....
b Excess from 2017....	1,058,236
c Excess from 2018....	642,626
d Excess from 2019....	520,071
e Excess from 2020....	709,977

Form 990-PF (2020)

Page 10

Part XIV

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

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

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

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

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

Part XV

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

1Information Regarding Foundation Managers:

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

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

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

Check here bullet

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

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

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

cAny submission deadlines:

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

Form 990-PF (2020)

Page 11

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
PORTLAND ART MUSEUM 1219 SW PARK AVE PORTLAND,OR97205	N/A	PC	ART INSTALLATION AND CAPITAL CONTRIBUTION	1,000,000
PORTLAND ALANO CLUB 909 NW 24TH AVE PORTLAND,OR97210	N/A	PC	GENERAL SUPPORT	25,000
OREGON BALLET THEATRE 0720 SW BANCROFT ST PORTLAND,OR97239	N/A	PC	SUPPORT SPRING BALLET	10,000
WILLIAM TEMPLE HOUSE 2230 NW GLISAN ST PORTLAND,OR97210	N/A	PC	GENERAL SUPPORT	10,000
GOOD SAMARITAN HOSPITAL 1015 NW 22nd AVE PORTLAND,OR97210	N/A	PC	GENERAL SUPPORT	15,000
RAPHAEL HOUSE OF PORTLAND 4110 SE HAWTHORNE BLVD 503 PORTLAND,OR97214	N/A	PC	GENERAL SUPPORT	11,000
BYBEE LAKES HOPE CENTER 14355 N BYBEE LAKE CT PORTLAND,OR97203	N/A	PC	GENERAL SUPPORT	10,000
GLOBAL ROOTS 3515 NE 158TH PL LAKE FOREST PARK,WA98155	N/A	PC	GENERAL SUPPORT	6,000
ST THOMAS MORE CATHOLIC CHURCH 3525 SW PATTON RD PORTLAND,OR97221	N/A	PC	CAPITAL CAMPAIGN SCHOOL BUILDING	100,000
DE LA SALLE CATHOLIC HIGH SCHOOL 7525 N FENWICK AVE PORTLAND,OR97217	N/A	PC	EDUCATION SUPPORT	25,000
OREGON FOOD BANK 7900 NE 33RD DR PORTLAND,OR97211	N/A	PC	GENERAL SUPPORT	4,000
CLARK COUNTY FOOD BANK 6502 NE 47TH AVE VANCOUVER,WA98661	N/A	PC	GENERAL SUPPORT	4,000
UTAH FOOD BANK 3150 S 900 W SOUTH SALT LAKE CITY,UT84119	N/A	PC	GENERAL SUPPORT	4,000
ST JOSEPH THE WORKER 2310 SE 148TH AVENUE PORTLAND,OR97233	N/A	PC	CAPITAL CAMPAIGN	25,000
ECOTRUST 721 NW 9TH AVE 200 PORTLAND,OR97209	N/A	PC	GENERAL SUPPORT	10,000
DOVE CENTER 1240 E 100 S SUITE 221 ST GEORGE,UT84790	N/A	PC	GENERAL SUPPORT	1,000
OREGON HUMANE SOCIETY 1067 NE COLUMBIA BLVD PORTLAND,OR97211	N/A	PC	GENERAL SUPPORT	40,000
OHSU FOUNDATION 1121 SW SALMON ST 100 PORTLAND,OR97205	N/A	PC	GENERAL SUPPORT	10,000
MOUNT SINAI HEALTH SYSTEM ONE GUSTAVE L LEVY PLACE BOX 1049 NEW YORK,NY10029	N/A	PC	TO SUPPORT WORK OF DR. AARON MILLER AND FOR EDUCATIONAL PURPOSES	20,000
ANIMAL MEDICAL CENTER 510 EAST 62ND ST NEW YORK,NY10065	N/A	PC	GENERAL SUPPORT	10,000
LORD SCHRYVER CONSERVANCY 545 MISSION ST SE SALEM,OR97302	N/A	PC	GENERAL SUPPORT	5,000
OREGON ZOO FOUNDATION 4001 SW CANYON ROAD PORTLAND,OR97221	N/A	PC	GENERAL SUPPORT	5,000
Total ................................. 3a				1,350,000

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	275,318
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	-1,175,182
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aNONDIVIDEND DISTRIBUTION			14	530
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..				-899,334

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

-899,334

(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:	20011551
Software Version:	2020v4.0

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2020 AccountingFeesSchedule

Name:

THE SWIGERT-WARREN FOUNDATION

EIN:

93-1083078

Software ID:

20011551

Software Version:

2020v4.0

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
TAX PREPARATION	3,250	3,250	0	0

- TIN:

TY 2020 InvestmentsCorpBondsSchedule

Name:

THE SWIGERT-WARREN FOUNDATION

EIN:

93-1083078

Software ID:

20011551

Software Version:

2020v4.0

Name of Bond	End of Year Book Value	End of Year Fair Market Value
DODGE & COX INCOME FUND
DOUBLELINE CORE FIXED INCOME FUND	1,066,000	1,132,000
PRUDENTIAL TOTAL RETURN BOND	1,192,350	1,284,350
VANGUARD SHORT TERM INV GRADE
BLACKROCK STRATEGIC INCOME OPPORTUNITIES	96,417	103,800
EATON VANCE GLOBAL MACRO	238,750	259,000
WESTERN ASSET MACRO OPPORTUNITIES
PIMCO FUNDS TOTAL RETURN FUND	1,071,000	1,060,000

- TIN:

TY 2020 InvestmentsCorpStockSchedule

Name:

THE SWIGERT-WARREN FOUNDATION

EIN:

93-1083078

Software ID:

20011551

Software Version:

2020v4.0

Name of Stock	End of Year Book Value	End of Year Fair Market Value
APPLE INC	46,636	212,304
CISCO SYSTEMS INC	39,315	53,700
CITIGROUP INC	30,008	40,079
MERCK & CO	30,869	40,900
VERIZON COMMUNICATIONS	27,303	35,250
CHEVRON CORP	56,918	50,670
CONCHO RES INC COM
EOG RES INC	37,815	29,922
HALLIBURTON CO COM
OCCIDENTAL PETE CORP COM
ECOLAB INC COM	30,618	43,272
BOEING CO COM
FORTIVE CORP COM	14,732	17,705
HONEYWELL INTL INC COM	30,190	42,540
NORTHROP GRUMMAN CORP COM	36,554	39,614
ROCKWELL AUTOMATION INC COM
EQUIFAX INC COM
HUNT JB TRANS SVCS INC	23,757	34,163
UNITED PARCEL SERVCIE INC	31,222	42,100
PVH CORP COM
MCDONALDS CORP	34,223	42,916
AMAZON COM INC	92,923	162,847
DOLLAR TREE INC COM	21,833	24,309
LOWES COS INC COM	18,797	31,299
O REILLY AUTOMOTIVE INC NEW COM	15,149	20,366
TJX COS INC NEW COM	10,859	15,707
COSTCO WHSL CORP NEW COM	30,086	47,098
COCA COLA CO COM	34,988	41,130
CONSTELLATION BRANDS INC	19,042	26,286
MONDELEZ INTL INC	12,231	16,956
PHILIP MORRIS INTL INC	24,672	28,977
PROCTER & GAMBLE CO	34,897	48,699
ABBOTT LABS COM	23,952	38,322
ANTHEM INC COM	40,173	52,980
BAXTER INTL INC COM
BRISTOL MYERS SQUIBB CO	32,494	39,079
GILEAD SCIENCES INC
LILLY ELI & CO	42,508	59,094
REGENERON PHARMACEUTICALS COM
JP MORGAN CHASE & CO	57,931	76,242
PNC FINANCIAL SVCS GROUP INC	19,689	24,585
BERKSHIRE HATHAWAY INC	56,391	69,561
ETRADE FINANCIAL CORP COM
GOLDMAN SACHS GROUP INC	51,172	65,928
AMERICAN INTL GROUP INC	25,347	26,502
HARTFORD FINL SVCS GROUP INC	18,031	19,592
ADOBE INC	9,415	20,005
MASTERCARD INC	42,949	71,388
MICROSOFT CORP	116,949	222,420
ANALOG DEVICES	26,803	44,319
APPLIED MATERIALS INC	26,552	60,410
TEXAS INSTRS INC
ALPHABET INC CAP STK	98,142	157,738
COMCAST CORP NEW	23,809	35,370
DISNEY WALT CO	27,879	47,107
ELECTRONIC ARTS INC	21,111	33,028
FACEBOOK INC	44,965	81,948
EDISON INTL COM
WEC ENERGY GROUP INC	29,726	36,812
AMERICAN TOWER CORP NEW	41,121	51,626
LINDE PLC SHS	32,348	52,702
WEIR GROUP ORD	1	543,909
APTIV PLC SHS	13,831	26,058
ROYAL CARIBBEAN CRUISES LTD COM
MEDTRONIC PLC SHS	30,273	40,999
ALLERGAN PLC SHS
VULCAN MATLS CO	20,863	22,247
OTIS WORLDWIDE CORP	33,063	33,775
STANLEY BLACK & DECKER INC	14,873	26,784
VF CORP COM	17,007	17,082
UNITEDHEALTH GROUP INC	50,255	52,602
AMGEN INC	20,353	22,992
ILLUMINA INC COM	27,452	37,000
SCHWAB CHARLES CORP	21,308	25,990
WORKDAY INC	35,586	47,922
XILINX INC COM	15,731	28,354
CMS ENERGY CORP	12,127	12,202
EVERSOURCE ENERGY COM	26,462	25,953
ALCON AG	18,845	19,794

- TIN:

TY 2020 InvestmentsOtherSchedule2

Name:

THE SWIGERT-WARREN FOUNDATION

EIN:

93-1083078

Software ID:

20011551

Software Version:

2020v4.0

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
HARBOR CAPITAL APPRECIATION FUND	AT COST
LEGG MASON CLEARBRIDGE LARGE CAP GRWTH	AT COST
VICTORY RS SMALL CAP GRWTH	AT COST
DELAWARE SMALL CAP CORE FUND	AT COST
DODGE & COX STOCK FUND	AT COST
PIMCO RAE FUNDAMENTAL US FUND	AT COST
UNDISCOVERED MANAGERS BEHAVIORAL VALUE F	AT COST
DFA LARGE CAP INTL PORTFOLIO	AT COST
DODGE & COX INTL STOCK FUND	AT COST
HARTFORD SCHRODERS EMERGING MKTS EQ FD	AT COST
MFS INTERNATIONAL GROWTH	AT COST
AQR EQUITY MARKET NEUTRAL FUND	AT COST
ARBITRAGE FUND CLASS I SHS	AT COST	157,800	158,640
AQR STYLE PREMIA ALTERNATIVE FUND	AT COST	146,400	102,080
BLACKSTONE ALTERNATIVE MULTI-STRATEGY FD	AT COST
AQR MANAGED FUTURES STRATEGY FUND	AT COST	165,200	157,200
NATIXIS ASG MANAGED FUTURES STRATEGY FD	AT COST	168,530	195,700
ISHARES GOLD TRUST	AT COST	74,520	108,780
VANGUARD INDEX FDS MID CAP ETF	AT COST	232,536	392,863
VANGUARD INDEX FDS SMALL CP ETF	AT COST	474,768	876,060
VANGUARD TAX MANAGED INTL FD	AT COST	601,080	944,200
ISHARES TR 0.000%	AT COST	582,954	898,170
ISHARES INC CORE MSCI EMKT	AT COST	352,691	589,380

- TIN:

TY 2020 OtherExpensesSchedule

Name:

THE SWIGERT-WARREN FOUNDATION

EIN:

93-1083078

Software ID:

20011551

Software Version:

2020v4.0

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
STATE REGISTRATION FEES	75	75

- TIN:

TY 2020 OtherIncomeSchedule2

Name:

THE SWIGERT-WARREN FOUNDATION

EIN:

93-1083078

Software ID:

20011551

Software Version:

2020v4.0

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
NONDIVIDEND DISTRIBUTION	530

- TIN:

TY 2020 OtherProfessionalFeesSchedule

Name:

THE SWIGERT-WARREN FOUNDATION

EIN:

93-1083078

Software ID:

20011551

Software Version:

2020v4.0

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES	85,502	85,502	0	0

- TIN:

TY 2020 TaxesSchedule

Name:

THE SWIGERT-WARREN FOUNDATION

EIN:

93-1083078

Software ID:

20011551

Software Version:

2020v4.0

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FEDERAL INCOME TAX	7,761
FOREIGN TAX ON INVESTMENTS	4,830	4,830