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
ORDEAN FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)501 ORDEAN BUILDING
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
DULUTH, MN55802

A Employer identification number

41-0711611

B Telephone number (see instructions)

(218) 726-4785

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

$41,073,025J 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...	923,824		923,824
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		899,770
b	Gross sales price for all assets on line 6a 6,411,481
7	Capital gain net income (from Part IV, line 2)...			899,770
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).......		5,938	5,938
12	Total. Add lines 1 through 11........	1,829,532		1,829,532
13	Compensation of officers, directors, trustees, etc.	166,090		16,609	149,481
14	Other employee salaries and wages......	182,685		0	182,685
15	Pension plans, employee benefits.......	68,395		3,860	64,535
16a	Legal fees (attach schedule).........		2,078	208	1,870
b	Accounting fees (attach schedule).......		20,503	2,500	18,003
c	Other professional fees (attach schedule)....		76,541	76,541	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		50,400	2,271	24,788
19	Depreciation (attach schedule) and depletion...		2,404	0
20	Occupancy..............	16,752		0	0
21	Travel, conferences, and meetings.......	1,039		104	935
22	Printing and publications..........	2,509		251	2,258
23	Other expenses (attach schedule).......		97,760	5,195	46,766
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	687,156		107,539	491,321
25	Contributions, gifts, grants paid.......	833,000			1,568,750
26	Total expenses and disbursements. Add lines 24 and 25	1,520,156		107,539	2,060,071
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	309,376
b	Net investment income (if negative, enter -0-)			1,721,993
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.............	47,359	228,829	228,829
	2	Savings and temporary cash investments.........	2,117,561	1,253,244	1,253,244
	3	Accounts receivable 15,081
		Less: allowance for doubtful accounts	1,529,002	15,081	15,081
	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) 960,000
		Less: allowance for doubtful accounts 0	960,000	960,000	960,000
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........	84,993	55,992	55,992
	10a	Investments—U.S. and state government obligations (attach schedule)	1,474,037	862,037	862,037
	b	Investments—corporate stock (attach schedule).......	27,684,746	32,168,116	32,168,116
	c	Investments—corporate bonds (attach schedule).......	1,446,851	1,384,909	1,384,909
	11	Investments—land, buildings, and equipment: basis 594
		Less: accumulated depreciation (attach schedule)	594	594	594
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	2,855,634	4,136,605	4,136,605
	14	Land, buildings, and equipment: basis 39,030
		Less: accumulated depreciation (attach schedule) 31,412	4,502	7,618	7,618
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	38,205,279	41,073,025	41,073,025
	17	Accounts payable and accrued expenses..........	57,592	6,060
	18	Grants payable.................	760,750	25,000
	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 )	134,400	180,200
	23	Total liabilities (add lines 17 through 22).........	952,742	211,260
		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............	37,252,537	40,861,765
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds
	29	Total net assets or fund balances (see instructions).....	37,252,537	40,861,765
	30	Total liabilities and net assets/fund balances (see instructions).	38,205,279	41,073,025

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

37,252,537

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

309,376

Other increases not included in line 2 (itemize) bullet

3,299,852

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

40,861,765

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 .

40,861,765

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
b
c
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	6,411,481	5,511,711	899,770
b
c
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			899,770
b
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	899,770
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	23,936
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	23,936
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	23,936
6	Credits/Payments:

a	2020 estimated tax payments and 2019 overpayment credited to 2020	6a	32,203
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ...........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	32,203
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	8,267
11	Enter the amount of line 10 to be: Credited to 2021 estimated tax8,267	Refunded	11	0

Part VII-A

Statements Regarding Activities

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

Yes

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

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

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

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

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

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

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

(1) On the foundation. bullet

$ 0(2) On foundation managers. bullet

$ 0

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

on foundation managers. bullet

$ 0

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

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

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

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes Click to see attachment

....

Yes

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

DON NESS Telephone no. bullet

(218) 726-4785

Located at bullet

501 ORDEAN BUILDINGDULUTHMN ZIP+4 bullet

55802

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
DON NESS	EXEC. DIR 40.00	166,090	16,500
501 ORDEAN BUILDING DULUTH,MN55802	EXEC. DIR 40.00	166,090	16,500
JIM VIZANKO	PRESIDENT AND DIRECTOR 1.00	0	0
501 ORDEAN BUILDING DULUTH,MN55802	PRESIDENT AND DIRECTOR 1.00	0	0
CHUCK WALT	VICE PRESIDENT AND DIRECTOR 1.00	0	0
501 ORDEAN BUILDING DULUTH,MN55802	VICE PRESIDENT AND DIRECTOR 1.00	0	0
JON NELSON	SECRETARY AND DIRECTOR 1.00	0	0
501 ORDEAN BUILDING DULUTH,MN55802	SECRETARY AND DIRECTOR 1.00	0	0
TRACI MORRIS	TREASURER AND DIRECTOR 1.00	0	0
501 ORDEAN BUILDING DULUTH,MN55802	TREASURER AND DIRECTOR 1.00	0	0
MARSHA HYSTEAD	DIRECTOR 1.00	0	0
501 ORDEAN BUILDING DULUTH,MN55802	DIRECTOR 1.00	0	0
STACY JOHNSTON	DIRECTOR 1.00	0	0
501 ORDEAN BUILDING DULUTH,MN55802	DIRECTOR 1.00	0	0
MARCUS JONES	DIRECTOR 1.00	0	0
501 ORDEAN BUILDING DULUTH,MN55802	DIRECTOR 1.00	0	0
MARIA ISLEY	DIRECTOR 1.00	0	0
501 ORDEAN BUILDING DULUTH,MN55802	DIRECTOR 1.00	0	0
TRACI MORRIS	DIRECTOR 1.00	0	0
501 ORDEAN BUILDING DULUTH,MN55802	DIRECTOR 1.00	0	0
JOHN STRANGE	DIRECTOR 1.00	0	0
501 ORDEAN BUILDING DULUTH,MN55802	DIRECTOR 1.00	0	0
TONY YUNG	DIRECTOR 1.00	0	0
501 ORDEAN BUILDING DULUTH,MN55802	DIRECTOR 1.00	0	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
JOE E EVERETT	PROGRAM DIRECTOR 40.00	130,685	12,992	0
501 ORDEAN BUILDING DULUTH,MN55802	PROGRAM DIRECTOR 40.00	130,685	12,992	0
MAUDE DORNFELD	ASSISTANT DIRECTOR 40.00	52,000	0	0
501 ORDEAN BUILDING DULUTH,MN55802	ASSISTANT DIRECTOR 40.00	52,000	0	0






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
WELLS FARGO BANK	INVEST. COUNSELING	76,541
230 W SUPERIOR STREET DULUTH,MN55802	INVEST. COUNSELING	76,541

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

Part IX-A

Summary of Direct Charitable Activities

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


2


3


4

Part IX-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1	N/A	0
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...................

33,313,971

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

2,155,497

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

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

35,469,468

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

35,469,468

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

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

532,042

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

34,937,426

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

1,746,871

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

1,746,871

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

23,936

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

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

23,936

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

1,722,935

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

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

1,722,935

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

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

1,722,935

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 ..........

2,060,071

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

2,060,071

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

2,060,071

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					1,722,935
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......	337,741
b From 2016......	279,245
c From 2017......	387,671
d From 2018......	269,647
e From 2019......	292,688
fTotal of lines 3a through e........		1,566,992
4Qualifying distributions for 2020 from Part
XII, line 4: $ 2,060,071
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.....					1,722,935
e Remaining amount distributed out of corpus		337,136
5 Excess distributions carryover applied to 2020.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		1,904,128
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) ...		337,741
9Excess distributions carryover to 2021. Subtract lines 7 and 8 from line 6a ......		1,566,387
10 Analysis of line 9:
a Excess from 2016....	279,245
b Excess from 2017....	387,671
c Excess from 2018....	269,647
d Excess from 2019....	292,688
e Excess from 2020....	337,136

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:

EXECUTIVE DIRECTOR ORDEAN FOUNDATIO
501 ORDEAN BUILDING
DULUTH,MN55802
(218) 726-4785
N/A

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

REQUEST FOR GRANTS SHOULD BE DIRECTED TO THE EXECUTIVE DIRECTOR, ORDEAN FOUNDATION, 501 ORDEAN BUILDING, DULUTH, MINNESOTA 55802, TELEPHONE (218)726-4785 DURING REGULAR BUSINESS HOURS. ALL APPLICATIONS MUST BE IN WRITING AND INCLUDE ANY INFORMATION OR DATA PERTINENT TO THE GRANT OR LOAN REQUEST.

cAny submission deadlines:

15TH DAY OF THE MONTH PRECEDING A BOARD OF DIRECTORS' MEETING

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

ORDEAN FOUNDATION MAY LAWFULLY MAKE GRANTS DIRECTLY TO INSTITUTIONS OR ORGANIZATIONS ENGAGED WITHIN THE CITY OF DULUTH OR GOVERNMENTAL UNITS ABUTTING THE CITY LIMITS OF DULUTH IN ST. LOUIS COUNTY, IN PERFORMING SERVICES AND PROVIDING FACILITIES FOR THE FOLLOWING PURPOSES: 1. THE TREATMENT, CARE, AND REHABILITATION OF PERSONS WHO ARE CHRONICALLY OR TEMPORARILY MENTALLY ILL. 2. THE TREATMENT, CARE, AND REHABILITATION OF PERSONS WHOSE PHYSICAL CAPACITY IS IMPAIRED BY EITHER INJURY, ILLNESS, BIRTH DEFECTS, AGE, ALCOHOLISM, OR OTHER SIMILAR CAUSES. 3. THE CONDUCT AS ONE OF THEIR FUNCTIONS OF YOUTH GUIDANCE PROGRAMS DESIGNED TO AVOID AND PREVENT DELINQUENCY FROM LAWFUL AND HEALTHFUL PURSUITS BY YOUTHFUL CITIZENS. 4. FOR THE PERFORMANCE OF SERVICES OR PROVIDING FACILITIES FOR THE PERFORMANCE OF FUNCTIONS SIMILAR TO ANY OF THE FOREGOING FUNCTIONS.

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

EXECUTIVE DIRECTOR ORDEAN FOUNDATIO
501 ORDEAN BUILDING
DULUTH,MN55802
(218) 726-4785
N/A

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

SCHOLARSHIPS MAY BE APPLIED FOR THROUGH THE ADMISSIONS OFFICES OF THE COLLEGE OF ST. SCHOLASTICA, LAKE SUPERIOR COLLEGE, AND UNIVERSITY OF MINNESOTA-DULUTH. ALL APPLICATIONS MUST BE IN WRITING AND INCLUDE ANY INFORMATION OR DATA PERTINENT TO THE GRANT OR LOAN REQUEST.

cAny submission deadlines:

SEE RESPECTIVE ADMINISTRATION OFFICE.

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

APPLICANTS MUST BE RESIDENTS WITHIN THE CITY LIMITS OF DULUTH OR A GOVERNMENTAL UNIT ABUTTING THE CITY LIMITS OF DULUTH IN ST. LOUIS COUNTY.

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
AICHO 202 W 2ND ST DULUTH,MN55802			FAMILY FREEDOM CENTER; GENERAL OPERATIONS; COVID-19 EMERGENCY RESPONSE	58,000
AMERICAN RED CROSS 2524 MAPLE GROVE RD DULUTH,MN55811			LOCAL DISASTER RELIEF FUND	10,000
BOYS AND GIRLS CLUB OF THE NORTHLAND 102 S 29TH AVE W STE 200 PO BOX 16435 DULUTH,MN55816			GENERAL OPERATING	50,000
CHUM 102 WEST SECOND STREET DULUTH,MN55802			EMERGENCY SHELTER; FAMILY SHELTER; DROP-IN CENTER; GENERAL OPERATIONS	136,250
COLLEGE OF ST SCHOLASTICA 1200 KENWOOD AVE DULUTH,MN55811			SCHOLARSHIPS	85,000
COMMUNITY ACTION DULUTH 424 W 5TH ST DULUTH,MN55806			BRIDGE TO EMPLOYMENT PROGRAM	32,000
DAMIANO CENTER 206 W 4TH ST DULUTH,MN55806			GENERAL OPERATING	135,000
DOMESTIC ABUSE INTERVENTION PROGRAM 202 EAST SUPERIOR ST DULUTH,MN55802			CAPACITY BUILDING	20,000
VANGUARD CHARITABLE DAF PO BOX 9509 WARWICK,RI02889			JOE EVERETT LEGACY GRANT	100,000
DULUTH AREA FAMILY YMCA PO BOX 3678 DULUTH,MN55803			YOUTH IN GOVERNMENT PROGRAM SPONSORSHIP	20,000
DULUTH COMMUNITY SCHOOL COLLABORATIVE 1027 N 87TH AVE E DULUTH,MN55805			OUT-OF-SCHOOL TIME PROGRAMS, GENERAL OPERATING	20,000
ECOLIBRIUM3 2014 W SUPERIOR ST DULUTH,MN55806			LINCOLN PARK SOLAR GARDEN	10,000
ENCOUNTER 201 E 1ST ST DULUTH,MN55802			GENERAL OPERATING	10,000
FATHERS RISE TOGETHER 201 EAST 1ST ST STE 3-4 DULUTH,MN55802			AFRICAN HERITAGE HUB INITIATIVE	20,000
HEAD OF THE LAKES UNITED WAY 424 W SUPERIOR ST SUITE 402 DULUTH,MN55802			PATHFINDER PROGRAM	28,000
JUST KIDS DENTAL INC PO BOX 146 TWO HARBORS,MN55616			DENTAL PROGRAMMING	15,000
KID'S CLOSET OF DULUTH 2431 W 3RD ST DULUTH,MN55806			PURCHASE CLOTHING FOR ELEMENTARY SCHOOL CHILDREN	25,000
LAKE SUPERIOR COLLEGE FOUNDATION 2101 TRINITY RD DULUTH,MN55811			SCHOLARSHIPS	42,500
LAKE SUPERIOR COMMUNITY HEALTH CENTER 4325 GRAND AVE DULUTH,MN55807			HEALTH AND DENTAL CARE	125,000
LIFE HOUSE INC 102 W 1ST ST DULUTH,MN55802			GENERAL OPERATING	90,000
LUTHERAN SOCIAL SERVICES 2485 COMO AVE SAINT PAUL,MN55108			ANOTHER DOOR PROGRAM	35,000
LUTHERN SOCIAL SERVICES - THERAPEUTIC FOSTER CARE 2485 COMO AVE SAINT PAUL,MN55108			ANOTHER DOOR PROGRAM	20,000
MENTOR NORTH 206 W 4TH ST STE 209 DULUTH,MN55806			GENERAL OPERATIONS	110,000
MINNESOTA MASONIC CHILDREN'S CLINIC FOR COMMUNICATION DISORDERS 2450 RIVERSIDE AVE MINNEAPOLIS,MN55454			SPEECH LANGUAGE PATHOLOGIST	20,000
MUSLIM AMERICAN SOCIETY OF MINNESOTA 1608 COMO AVE SAINT PAUL,MN55108			COMMUNITY GATHERINGS	10,000
RISE - MINNESOTA EMPLOYMENT CENTER 8406 SUNSET RD NE SPRING LAKE PARK,MN55432			EMPLOYMENT SERVICES	5,000
SAFE HAVEN SHELTER FOR BATTERED WOMEN PO BOX 3558 DULUTH,MN55803			GENERAL OPERATIONS	40,000
SALVATION ARMY 215 S 27TH AVE W DULUTH,MN55806			SHARING FUND & SPECIAL NEEDS FUND	75,000
SECOND HARVEST NORTHERN LAKES FOOD BANK 4503 AIRPARK BOULEVARD DULUTH,MN55811			GENERAL OPERATIONS	15,000
SOAR CAREER SOLUTIONS 205 W 2ND ST STE 101 DULUTH,MN55802			RE-ENTRY PROGRAM	20,000
THE HILLS YOUTH & FAMILY SERVICES 4321 ALLENDALE AVE DULUTH,MN55803			NEIGHBORHOOD YOUTH SERVICES	42,000
VALLEY YOUTH CENTER 720 N CENTRAL AVE DULUTH,MN55807			YOUTH PROGRAMS	50,000
YWCA 32 E FIRST ST STE 202 DULUTH,MN55802			YOUTH PROGRAMS	95,000
Total ................................. 3a				1,568,750

bApproved for future payment

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

Form 990-PF (2020)

Page 12

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities....			14	923,824
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.....			14	5,938
8 Gain or (loss) from sales of assets other than inventory ............			18	899,770
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..		0		1,829,532	0

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

1,829,532

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

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

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

Form 990-PF (2020)

Page 13

Part XVII

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

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

Yes

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

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

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

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

If "Yes," complete the following schedule.

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

Sign Here

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

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

Form 990-PF (2020)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2020 AccountingFeesSchedule

Name:

ORDEAN FOUNDATION

EIN:

41-0711611

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING FEES	20,503	2,500		18,003

- TIN:

TY 2020 GeneralExplanationAttachment

Name:

ORDEAN FOUNDATION

EIN:

41-0711611

Identifier	Return Reference	Explanation
RELATED PARTY TRANSACTIONS	PART VII-B, LINE 1	SEVERAL MEMBERS OF THE BOARD OF DIRECTORS ALSO VOLUNTARILY SERVE ON THE BOARD OF DIRECTORS OR IN OTHER CAPACITIES WITH NONPROFIT ORGANIZATIONS WHICH HAVE RECEIVED GRANTS OR LOANS FROM THE FOUNDATION. IN MATTERS INVOLVING THESE ORGANIZATIONS, THE AFFECTED BOARD MEMBER ABSTAINS FROM ANY ACTION TAKEN BY THE ORDEAN FOUNDATION BOARD.

- TIN:

TY 2020 InvestmentsCorpBondsSchedule

Name:

ORDEAN FOUNDATION

EIN:

41-0711611

Name of Bond	End of Year Book Value	End of Year Fair Market Value
ABBVIE INC 3.600% 5/14/25	11,141	11,141
ANTHEM INC 3.650% 12/01/27	74,956	74,956
APPLE INC 2.400% 5/03/23	78,672	78,672
AT&T INC 4.450% 4/01/24	50,255	50,255
BANK OF AMERICA CORP 3.248% 10/21/27	22,382	22,382
BANK OF MONTREAL 2.500% 6/28/24	53,292	53,292
CAPITAL ONE FINANCIA 3.750% 3/09/27	51,355	51,355
CHEVRON CORP 1.554% 5/11/25	57,199	57,199
CITIGROUP INC 2.700% 10/27/22	62,401	62,401
COMCAST CORP 4.150% 10/15/28	54,170	54,170
DIGITAL REALTY TRUST 3.700% 8/15/27	51,722	51,722
DOLLAR GENERAL CORP 3.250% 4/15/23	47,614	47,614
EQUINIX INC 1.550% 3/15/28	35,578	35,578
GOLDMAN SACHS GROUP 3.750% 5/22/25	50,524	50,524
HALLIBURTON COMPANY 3.500% 8/01/23	4,274	4,274
HOME DEPOT INC 3.000% 4/01/26	67,077	67,077
HP ENTERPRISE CO 1.450% 4/01/24	35,963	35,963
JPMORGAN CHASE & CO 2.950% 10/01/26	88,755	88,755
METLIFE INC 3.600% 4/10/24	82,431	82,431
MITSUBISHI UFJ FIN 3.761% 7/26/23	65,049	65,049
MORGAN STANLEY 2.500% 4/21/21	45,279	45,279
PNC FINANCIAL SERVIC 2.550% 1/22/30	54,778	54,778
SUMITOMO MITSUI FINL 2.784% 7/12/22	67,387	67,387
SUNTRUST BANKS INC 4.000% 5/01/25	56,618	56,618
WALT DISNEY COMPANY/ 2.000% 9/01/29	47,032	47,032
WESTPAC BANKING CORP 3.400% 1/25/28	69,005	69,005

- TIN:

TY 2020 InvestmentsCorpStockSchedule

Name:

ORDEAN FOUNDATION

EIN:

41-0711611

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ISHARES MBS ETF	198,234	198,234
PGIM HIGH YIELD-Q #1067	756,275	756,275
PIMCO INTL BND UNHDG-INST #1853	108,056	108,056
TEMPLETON GLOBAL BOND FD-R6 #356	375,957	375,957
PIMCO E/M LCL CUR & BND-INST #332	1,087,092	1,087,092
ISHARES RUSSELL 1000 VALUE ETF	1,274,324	1,274,324
MFS VALUE FUND-R6 #4810	1,026,898	1,026,898
SERVICENOW INC	142,011	142,011
T ROWE PRICE EQUITY INC-I #426	1,245,483	1,245,483
ISHARES RUSSELL MID-CAP GROWTH	1,389,881	1,389,881
ISHARES RUSSELL MID-CAP VALUE	770,832	770,832
JPMORGAN MID CAP VALUE-R6 #2335	726,704	726,704
LAMB WESTON HOLDINGS INC	34,488	34,488
ISHARES RUSSELL 2000 ETF	345,066	345,066
DODGE & COX INT'L STOCK FD #1048	864,405	864,405
ISHARES MSCI EAFE GROWTH ETF	1,877,431	1,877,431
OAKMARK INTERNATIONAL-INST #2886	914,899	914,899
INV OPP DEVELOP MRKTS-R6 #7038	1,961,233	1,961,233
ISHARES MSCI EMERGING MARKETS	2,768,479	2,768,479
ARBITRAGE FUND CLASS I #1000	1,004,924	1,004,924
BOSTON P LNG/SHRT RES-INS #7015	947,464	947,464
AMAZON COM INC COM	635,095	635,095
BOOKING HOLDINGS INC	142,545	142,545
CHIPOTLE MEXICAN GRILL INC	92,910	92,910
HOME DEPOT INC	137,326	137,326
LULULEMON ATHLETICA INC	110,674	110,674
NETFLIX INC	144,375	144,375
TRACTOR SUPPLY CO COM	178,115	178,115
CONSTELLATION BRANDS INC	109,963	109,963
ESTEE LAUDER COMPANIES INC	141,347	141,347
AMEX ENERGY SELECT SPDR	752,315	752,315
FINANCIAL SELECT SECTOR SPDR	844,602	844,602
INTERCONTINENTAL EXCHANGE, INC	156,333	156,333
MORGAN STANLEY	182,564	182,564
S&P GLOBAL INC	136,752	136,752
ALIGN TECHNOLOGY INC	138,939	138,939
BOSTON SCIENTIFIC CORP COM	142,398	142,398
CENTENE CORP DEL	132,366	132,366
DANAHER CORP	145,502	145,502
ELI LILLY & CO COM	178,970	178,970
VERTEX PHARMACEUTICALS INC COM	111,080	111,080
FIRST SOLAR INC	29,181	29,181
ACTIVISION BLIZZARD INC	124,883	124,883
ALPHABET INC CL C	460,744	460,744
APPLE INC	756,068	756,068
BROADCOM INC	216,298	216,298
CREE, INC	73,071	73,071
FACEBOOK INC	375,595	375,595
FIDELITY NATL INFORMATION SVCS INC	129,577	129,577
MICROSOFT CORP	634,119	634,119
NVIDIA CORP	231,857	231,857
SALESFORCE COM INC	244,560	244,560
VISA INC-CLASS A SHRS	259,633	259,633
ECOLAB INC	83,515	83,515
INTERNATIONAL FLAVORS & FRAGRANCES	15,673	15,673
BORG WARNER INC.	22,914	22,914
BRIGHT HORIZONS FAMILY SOLUTIO	29,754	29,754
BURLINGTON STORES INC	61,203	61,203
DECKERS OUTDOOR CORP	50,760	50,760
LKQ CORP	31,434	31,434
NEW YORK TIMES CO CL A	53,789	53,789
POOL CORPORATION	150,490	150,490
ULTA BEAUTY, INC	100,219	100,219
CHURCH & DWIGHT INC	27,390	27,390
FLEETCOR TECHNOLOGIES INC	119,227	119,227
JONES LANG LASALLE INC	33,235	33,235
LPL FINANCIAL HOLDINGS INC	40,854	40,854
REINSURANCE GROUP AMER CLASS A NEW	30,134	30,134
SVB FINL GROUP	46,152	46,152
DEXCOM INC	174,878	174,878
HOLOGIC INC COM	27,093	27,093
PENUMBRA INC	29,750	29,750
PRA HEALTH SCIENCES INC	101,857	101,857
SYNEOS HEALTH INC	41,696	41,696
TELADOC HEALTH INC	96,981	96,981
WEST PHARMACEUTICAL SVCS INC	30,597	30,597
FORTUNE BRANDS HOME & SECURITY	123,180	123,180
HUNT J B TRANS SVCS INC	45,641	45,641
LINCOLN ELECTRIC HOLDINGS COM	36,038	36,038
MIDDLEBY CORP	35,324	35,324
QUANTA SVCS INC COM	45,157	45,157
SMITH A O CORP CL B	21,161	21,161
TRANSDIGM GROUP INC	104,586	104,586
TREX COMPANY INC	18,418	18,418
WABTEC CORP	54,241	54,241
XPO LOGISTICS INC	111,214	111,214
XYLEM INC/NY	33,082	33,082
ARISTA NETWORKS INC	174,923	174,923
IPG PHOTONICS CORP	53,486	53,486
MAXIM INTEGRATED PRODS INC	29,609	29,609
PALO ALTO NETWORKS INC	187,291	187,291
PAYCOM SOFTWARE INC	22,612	22,612
TRIMBLE INC	219,072	219,072
ZENDESK INC	211,818	211,818
ESSENTIAL UTILITIES INC	20,477	20,477
BJS RESTAURANTS INC	22,055	22,055
CARTER HOLDINGS	18,156	18,156
HANESBRANDS INC	22,512	22,512
MERITAGE HOMES CORPORATION	21,119	21,119
WW INTERNATIONAL INC	14,347	14,347
BJ'S WHOLESALE CLUB HOLDINGS	31,912	31,912
UNITED NAT FOODS INC	11,834	11,834
EAST WEST BANCORP INC	46,095	46,095
HANOVER INS GROUP INC	38,584	38,584
HORACE MANN EDUCATORS CORP NEW	16,522	16,522
STERLING BANCORP DEL	24,309	24,309
STIFEL FINANCIAL CORP	23,514	23,514
UMPQUA HOLDINGS CORP	28,009	28,009
WEBSTER FINL CORP WATERBURY CONN	25,248	25,248
LHC GROUP INC	45,864	45,864
NANOSTRING TECHNOLOGIES INC	18,058	18,058
OMNICELL INC	75,853	75,853
HEXCEL CORP NEW COM	29,530	29,530
MANPOWERGROUP INC	16,864	16,864
MSA SAFETY INC	24,052	24,052
TETRA TECH INC NEW	41,333	41,333
BLACKBAUD INC	27,974	27,974
PROOFPOINT INC	39,832	39,832
ROGERS CORP COM	41,928	41,928
INGEVITY CORP	36,502	36,502
MINERALS TECHNOLOGIES INC COM	27,457	27,457
SONOCO PRODS CO	33,180	33,180
AVISTA CORP	20,311	20,311
ORMAT TECHNOLOGIES INC	42,161	42,161
NORWEGIAN CRUISE LINE HOLDING	69,704	69,704
CANADIAN PAC RY LTD	137,289	137,289
ACCENTURE PLC	179,190	179,190

- TIN:

TY 2020 InvestmentsGovtObligationsSch

Name:

ORDEAN FOUNDATION

EIN:

41-0711611

US Government Securities - End of Year Book Value:

862,037

US Government Securities - End of Year Fair Market Value:

862,037

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

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

- TIN:

TY 2020 InvestmentsOtherSchedule2

Name:

ORDEAN FOUNDATION

EIN:

41-0711611

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
TASLOG LTD	FMV	89,866	89,866
SPDR DJ WILSHIRE INTERNATIONAL R ETF	FMV	919,578	919,578
SPDR DOW JONES REIT ETF	FMV	1,371,941	1,371,941
DWS ENH COMMOD STR-I #817	FMV	854,566	854,566
INVESCO OPTIMUM YIELD DIVERS	FMV	763,000	763,000
ACADIA REALTY TRUST	FMV	13,835	13,835
CAMDEN PPTY TR SH BEN INT	FMV	26,279	26,279
CORESITE REALTY CORP	FMV	33,324	33,324
EASTGROUP PPTYS INC COM	FMV	31,478	31,478
HOST HOTELS & RESORTS, INC.	FMV	12,933	12,933
LTC PROPERTIES INC COM	FMV	19,805	19,805

- TIN:

TY 2020 LegalFeesSchedule

Name:

ORDEAN FOUNDATION

EIN:

41-0711611

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
LEGAL FEES	2,078	208		1,870

- TIN:

TY 2020 OtherExpensesSchedule

Name:

ORDEAN FOUNDATION

EIN:

41-0711611

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
TELEPHONE	1,691	169	1,522
SUPPLIES	892	89	803
DUES & SUBSCRIPTIONS	7,096	710	6,386
MISCELLANEOUS	4,631	463	4,169
REPAIRS	1,553	155	1,398
OUTSIDE SERVICES	23,682	2,368	21,314
DEFERRED EXCISE TAX	45,800	0	0
TRAINING	2,652	265	2,387
BENEFIT ADMINISTRATION	3,919	392	3,527
INSURANCE	5,844	584	5,260

- TIN:

TY 2020 OtherIncomeSchedule2

Name:

ORDEAN FOUNDATION

EIN:

41-0711611

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
ROYALITIES	4,088	4,088	0
MISCELLANEOUS	1,850	1,850	0

- TIN:

TY 2020 OtherIncreasesSchedule

Name:

ORDEAN FOUNDATION

EIN:

41-0711611

Description	Amount
UNREALIZED GAINS ON INVESTMENTS	3,296,693
TIMING ADJUSTMENT	3,159

- TIN:

TY 2020 OtherLiabilitiesSchedule

Name:

ORDEAN FOUNDATION

EIN:

41-0711611

Description	Beginning of Year - Book Value	End of Year - Book Value
DEFERRED EXCISE TAX	134,400	180,200

- TIN:

TY 2020 OtherProfessionalFeesSchedule

Name:

ORDEAN FOUNDATION

EIN:

41-0711611

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT ADVISORS	76,541	76,541		0

- TIN:

TY 2020 TaxesSchedule

Name:

ORDEAN FOUNDATION

EIN:

41-0711611

Category	Amount	Net Investment Income	Disbursements for Charitable Purposes
REAL ESTATE TAXES	1,174	1,000	1,348
EXCISE TAXES	24,515	0	0
PAYROLL TAXES	24,711	1,271	23,440