TY 2020 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

Do not enter social security numbers on this form as it may be made public.
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
FREDERICK GARDNER COTTRELL FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)6440 N SWAN ROAD SUITE 200
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
TUCSON, AZ85718

A Employer identification number

86-0940147

B Telephone number (see instructions)

(520) 748-4420

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

$51,564,715J 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)	9,298,549
2	Check .............
3	Interest on savings and temporary cash investments	10,025		10,025
4	Dividends and interest from securities...	434,375		434,375
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		1,411,185
b	Gross sales price for all assets on line 6a 18,077,191
7	Capital gain net income (from Part IV, line 2)...			5,603,412
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).......
12	Total. Add lines 1 through 11........	11,154,134		6,047,812
13	Compensation of officers, directors, trustees, etc.	0		0	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........		6,753	3,377	3,376
b	Accounting fees (attach schedule).......		17,046	8,523	8,523
c	Other professional fees (attach schedule)....		67,559	63,992	3,567
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		68,602	0	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		275	126	151
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	160,235		76,018	15,617
25	Contributions, gifts, grants paid.......	6,697,600			3,340,600
26	Total expenses and disbursements. Add lines 24 and 25	6,857,835		76,018	3,356,217
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	4,296,299
b	Net investment income (if negative, enter -0-)			5,971,794
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.............	1,872	417,818	417,818
	2	Savings and temporary cash investments.........
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable 9,298,549
		Less: allowance for doubtful accounts	10,510,985	9,298,549	9,298,549
	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..........	28,800	43,279	43,279
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......	26,899,487	41,805,069	41,805,069
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........
	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)	37,441,144	51,564,715	51,564,715
	17	Accounts payable and accrued expenses..........	1,030
	18	Grants payable.................	10,800,000	14,157,000
	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 )
	23	Total liabilities (add lines 17 through 22).........	10,801,030	14,157,000
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	26,640,114	37,407,715
	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
	29	Total net assets or fund balances (see instructions).....	26,640,114	37,407,715
	30	Total liabilities and net assets/fund balances (see instructions).	37,441,144	51,564,715

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

26,640,114

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

4,296,299

Other increases not included in line 2 (itemize) bullet

6,471,302

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

37,407,715

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 .

37,407,715

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
1 a	PUBLICLY TRADED STOCK
b	CAPITAL GAINS DIVIDENDS	P
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	17,378,530	12,473,779	4,904,751
b	698,661		698,661
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			4,904,751
b			698,661
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	5,603,412
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	83,008
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	83,008
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	83,008
6	Credits/Payments:

a	2020 estimated tax payments and 2019 overpayment credited to 2020	6a	42,377
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	156,000
d	Backup withholding erroneously withheld ...........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	198,377
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	1,082
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	114,287
11	Enter the amount of line 10 to be: Credited to 2021 estimated tax114,287	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....

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

WWW.RCTECH.COM

The books are in care of bullet

KATHLEEN M HUNTER-GREGORY Telephone no. bullet

(520) 748-4420

Located at bullet

6440 N SWAN ROAD SUITE 200TUCSONAZ ZIP+4 bullet

85718

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
CHRISTOPHER MARTIN	PRESIDENT 1.00	0	0	0
6440 N SWAN ROAD SUITE 200 TUCSON,AZ85718	PRESIDENT 1.00	0	0	0
THEODORE SAMUELS	DIRECTOR 1.00	0	0	0
6440 N SWAN ROAD SUITE 200 TUCSON,AZ85718	DIRECTOR 1.00	0	0	0
JOHN SCHAEFER	DIRECTOR 1.00	0	0	0
6440 N SWAN ROAD SUITE 200 TUCSON,AZ85718	DIRECTOR 1.00	0	0	0
SHAUN KIRKPATRICK	DIRECTOR 1.00	0	0	0
6440 N SWAN ROAD SUITE 200 TUCSON,AZ85718	DIRECTOR 1.00	0	0	0
JOHN MCINTYRE	DIRECTOR 1.00	0	0	0
6440 N SWAN ROAD SUITE 200 TUCSON,AZ85718	DIRECTOR 1.00	0	0	0
JEFFREY JACOB	DIRECTOR 1.00	0	0	0
6440 N SWAN ROAD SUITE 200 TUCSON,AZ85718	DIRECTOR 1.00	0	0	0
JIM MACK	DIRECTOR 1.00	0	0	0
6440 N SWAN ROAD SUITE 200 TUCSON,AZ85718	DIRECTOR 1.00	0	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
NONE









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

Form 990-PF (2020)

Page 7

Part VIII

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

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

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

Part IX-A

Summary of Direct Charitable Activities

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


2


3


4

Part IX-B

Summary of Program-Related Investments (see instructions)

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


2


All other program-related investments. See instructions.
3

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

Form 990-PF (2020)

Page 8

Part X

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

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

purposes:

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

30,510,375

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

5,393,667

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

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

35,904,042

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

35,904,042

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

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

538,561

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

35,365,481

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

1,768,274

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

1,768,274

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

83,008

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

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

83,008

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

1,685,266

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

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

1,685,266

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

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

1,685,266

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 ..........

3,356,217

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

3,356,217

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

3,356,217

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					1,685,266
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......
b From 2016......	349,247
c From 2017......	673,443
d From 2018......	7,193,091
e From 2019......	565,496
fTotal of lines 3a through e........		8,781,277
4Qualifying distributions for 2020 from Part
XII, line 4: $ 3,356,217
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.....					1,685,266
e Remaining amount distributed out of corpus		1,670,951
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		10,452,228
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) ...		0
9Excess distributions carryover to 2021. Subtract lines 7 and 8 from line 6a ......		10,452,228
10 Analysis of line 9:
a Excess from 2016....	349,247
b Excess from 2017....	673,443
c Excess from 2018....	7,193,091
d Excess from 2019....	565,496
e Excess from 2020....	1,670,951

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
LUCILE PACKARD FOUNDATION 400 HAMILTON AVENUE SUITE 340 PALO ALTO,CA94301		PC	CHARITABLE ENTITY SUPPORT	300,000
UCLA BIOENGINEERING PROGRAM 7400 BOELTER HALL LOS ANGELES,CA90095		PC	CHARITABLE ENTITY SUPPORT	300,000
MEDTECH INNOVATOR 10956 WEYBURN AVENUE LOS ANGELES,CA90024		PC	CHARITABLE ENTITY SUPPORT	400,000
AMERICAN HEART ASSOCIATION 7272 GREENVILLE AVENUE DALLAS,TX75231		PC	CHARITABLE ENTITY SUPPORT	100
ANGEL CHARITY FOR CHILDREN 3132 N SWAN ROAD TUCSON,AZ85712		PC	CHARITABLE ENTITY SUPPORT	20,000
ARIZONA SONORA DESERT MUSEUM 2021 N KINNEY ROAD TUCSON,AZ85743		PC	CHARITABLE ENTITY SUPPORT	38,000
AUTISM SOCIETY OF SOUTHERN ARIZONA 2600 N WYATT DRIVE TUCSON,AZ85712		PC	CHARITABLE ENTITY SUPPORT	500
BIG BROTHERS BIG SISTERS OF SOUTHERN ARIZONA 160 E ALAMEDA STREET TUCSON,AZ85701		PC	CHARITABLE ENTITY SUPPORT	5,000
BOYS TO MEN TUCSON 5925 E BROADWAY BLVD SUITE 125 TUCSON,AZ85711		PC	CHARITABLE ENTITY SUPPORT	2,500
CASA DE LOS NINOS 1120 N 5TH AVENUE TUCSON,AZ85705		PC	CHARITABLE ENTITY SUPPORT	500
CATHOLIC COMMUNITY SERVICES 140 W SPEEDWAY BLVD 230 TUCSON,AZ85705		PC	CHARITABLE ENTITY SUPPORT	5,000
CHICANOS POR LA CAUSA INC 1525 N ORACLE ROAD TUCSON,AZ85705		PC	CHARITABLE ENTITY SUPPORT	5,000
CHILDREN'S ADVOCACY CENTER OF SOUTHERN ARIZONA 2329 E AJO WAY TUCSON,AZ85713		PC	CHARITABLE ENTITY SUPPORT	5,000
COMMUNITY FOOD BANK OF SOUTHERN ARIZONA 3003 S COUNTRY CLUB RD TUCSON,AZ85713		PC	CHARITABLE ENTITY SUPPORT	5,000
COMMUNITY INVESTMENT CORPORATION 2033 E GRANT ROAD TUCSON,AZ85719		PC	CHARITABLE ENTITY SUPPORT	5,000
FOLDS OF HONOR NORTHERN OHIO CHAPTER PO BOX 144 AURORA,OH44202		PC	CHARITABLE ENTITY SUPPORT	10,000
FOLDS OF HONOR PALMETTO STATE 1275 THORNBLADE BLVD GREER,SC29650		PC	CHARITABLE ENTITY SUPPORT	10,000
HILLSDALE COLLEGE 33 E COLLEGE STREET HILLSDALE,MI49242		PC	CHARITABLE ENTITY SUPPORT	10,000
HOOVER INSTITUTION 1399 NEW YORK AVE NW 500 WASHINGTON,DC20005		PC	CHARITABLE ENTITY SUPPORT	10,000
INTEGRATIVE TOUCH FOR KIDS 5675 N ORACLE RD 3201 TUCSON,AZ85704		PC	CHARITABLE ENTITY SUPPORT	30,000
INTERFAITH COMMUNITY SERVICES 2820 W INA RD TUCSON,AZ85741		PC	CHARITABLE ENTITY SUPPORT	500
KANE SCHOOL DISTRICT 400 WEST HEMLOCK AVENUE KANE,PA16735		PC	CHARITABLE ENTITY SUPPORT	100,000
MIRACLES FOR KIDS 17848 SKY PARK CIRCLE SUITE C IRVINE,CA92614		PC	CHARITABLE ENTITY SUPPORT	10,000
MOBILE MEALS OF SOUTHERN ARIZONA 4803 EAST 5TH STREET TUCSON,AZ85711		PC	CHARITABLE ENTITY SUPPORT	5,000
NORWALK HOSPITAL FOUNDATION 34 MAPLE ST NORWALK,CT06856		PC	CHARITABLE ENTITY SUPPORT	30,000
NOTES FOR NOTES 1718 CHURCH ST 331916 NASHVILLE,TN37203		PC	CHARITABLE ENTITY SUPPORT	5,000
OPERA SANTA BARBARA 1330 STATE STREET SUITE 209 SANTA BARBARA,CA93101		PC	CHARITABLE ENTITY SUPPORT	10,000
PIMA COUNCIL ON AGING 8467 E BROADWAY BLVD TUCSON,AZ85710		PC	CHARITABLE ENTITY SUPPORT	5,000
PRESIDENT & FELLOWS OF HARVARD COLLEGE MASSACHUSETTS HALL CAMBRIDGE,MA02138		PC	CHARITABLE ENTITY SUPPORT	25,000
REACHOUT WOMEN'S CENTERE 2648 N CAMPBELL AVENUE TUCSON,AZ85719		PC	CHARITABLE ENTITY SUPPORT	5,000
REID PARK ZOOLOGICAL SOCIETY 1030 S RANDOLPH WAY TUCSON,AZ85716		PC	CHARITABLE ENTITY SUPPORT	500
SALPOINTE CATHOLIC EDUCATION FOUNDATION 1545 E COPPER STREET TUCSON,AZ85719		PC	CHARITABLE ENTITY SUPPORT	30,000
SANTA BARBARA MARITIME MUSEUM 13 HARBOR WAY STE 190 SANTA BARBARA,CA93109		PC	CHARITABLE ENTITY SUPPORT	5,000
SARASOTA MEMORIAL HEALTHCARE FOUNDATION 1515 S OSPREY AVE 4 SARASOTA,FL34239		PC	CHARITABLE ENTITY SUPPORT	35,000
SISTER JOSE' WOMEN'S SHELTER 1050 S PARK AVE TUCSON,AZ85719		PC	CHARITABLE ENTITY SUPPORT	7,500
SMALL TOWN BIG DREAMS PO BOX 1022 WILLCOX,AZ85644		PC	CHARITABLE ENTITY SUPPORT	25,000
SOUTHWEST TECHNICAL COLLEGE 757 W 800 S CEDAR CITY,UT84720		PC	CHARITABLE ENTITY SUPPORT	375,000
ST LOUIS CHILDREN'S HOSPITAL FOUNDATION ONE CHILDRENS PLACE ST LOUIS,MO63110		PC	CHARITABLE ENTITY SUPPORT	25,000
THE UNIVERSITY OF ARIZONA FOUNDATION 1111 N CHERRY AVENUE TUCSON,AZ85721		PC	CHARITABLE ENTITY SUPPORT	45,000
TUCSON BOTANICAL GARDENS 2150 N ALVERNON WAY TUCSON,AZ85712		PC	CHARITABLE ENTITY SUPPORT	500
UAFHONORS RESEARCH FUND PO BOX 756282 FAIRBANKS,AK99775		PC	CHARITABLE ENTITY SUPPORT	20,000
UCLA JONSSON CANCER CENTER FOUNDATION BOX 951781 LOS ANGELES,CA90095		PC	CHARITABLE ENTITY SUPPORT	5,000
UNIVERSITY OF UTAH 201 PRESIDENTS CIR SALT LAKE CITY,UT84112		PC	CHARITABLE ENTITY SUPPORT	15,000
YOUNG AMERICA'S FOUNDATION 11480 COMMERCE PARK DRIVE RESTON,VA20191		PC	CHARITABLE ENTITY SUPPORT	10,000
YOUTH ON THEIR OWN 1660 N ALVERNON WAY TUCSON,AZ85712		PC	CHARITABLE ENTITY SUPPORT	10,000
Total ................................. 3a				1,965,600

bApproved for future payment
LUCILE PACKARD FOUNDATION 400 HAMILTON AVENUE SUITE 340 PALO ALTO,CA94301	PC	CHARITABLE ENTITY SUPPORT	600,000
UNIVERSITY OF IOWA 108 CALVIN HALL IOWA CITY,IA52242	PC	CHARITABLE ENTITY SUPPORT	300,000
IGEM FOUNDATION 45 PROSPECT STREET CAMBRIDGE,MA02139	PC	CHARITABLE ENTITY SUPPORT	1,125,000
C-PATH INSTITUTE TRXA 1730 E RIVER ROAD 200 TUCSON,AZ85718	PC	CHARITABLE ENTITY SUPPORT	107,000
MEDTECH INNOVATOR 10956 WEYBURN AVENUE LOS ANGELES,CA90024	PC	CHARITABLE ENTITY SUPPORT	2,600,000
Total ................................. 3b			4,732,000

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 ...........			14	10,025
4 Dividends and interest from securities....			14	434,375
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	1,411,185
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		1,855,585	0

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

1,855,585

(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

Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment

Recipient	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
LUCILE PACKARD FOUNDATION400 HAMILTON AVENUE SUITE 340 PALO ALTO,CA94301	PC	CHARITABLE ENTITY SUPPORT	300,000
UCLA BIOENGINEERING PROGRAM7400 BOELTER HALL LOS ANGELES,CA90095	PC	CHARITABLE ENTITY SUPPORT	300,000
MEDTECH INNOVATOR10956 WEYBURN AVENUE LOS ANGELES,CA90024	PC	CHARITABLE ENTITY SUPPORT	400,000
AMERICAN HEART ASSOCIATION7272 GREENVILLE AVENUE DALLAS,TX75231	PC	CHARITABLE ENTITY SUPPORT	100
ANGEL CHARITY FOR CHILDREN3132 N SWAN ROAD TUCSON,AZ85712	PC	CHARITABLE ENTITY SUPPORT	20,000
ARIZONA SONORA DESERT MUSEUM2021 N KINNEY ROAD TUCSON,AZ85743	PC	CHARITABLE ENTITY SUPPORT	38,000
AUTISM SOCIETY OF SOUTHERN ARIZONA2600 N WYATT DRIVE TUCSON,AZ85712	PC	CHARITABLE ENTITY SUPPORT	500
BIG BROTHERS BIG SISTERS OF SOUTHERN ARIZONA160 E ALAMEDA STREET TUCSON,AZ85701	PC	CHARITABLE ENTITY SUPPORT	5,000
BOYS TO MEN TUCSON5925 E BROADWAY BLVD SUITE 125 TUCSON,AZ85711	PC	CHARITABLE ENTITY SUPPORT	2,500
CASA DE LOS NINOS1120 N 5TH AVENUE TUCSON,AZ85705	PC	CHARITABLE ENTITY SUPPORT	500
CATHOLIC COMMUNITY SERVICES140 W SPEEDWAY BLVD 230 TUCSON,AZ85705	PC	CHARITABLE ENTITY SUPPORT	5,000
CHICANOS POR LA CAUSA INC1525 N ORACLE ROAD TUCSON,AZ85705	PC	CHARITABLE ENTITY SUPPORT	5,000
CHILDREN'S ADVOCACY CENTER OF SOUTHERN ARIZONA2329 E AJO WAY TUCSON,AZ85713	PC	CHARITABLE ENTITY SUPPORT	5,000
COMMUNITY FOOD BANK OF SOUTHERN ARIZONA3003 S COUNTRY CLUB RD TUCSON,AZ85713	PC	CHARITABLE ENTITY SUPPORT	5,000
COMMUNITY INVESTMENT CORPORATION2033 E GRANT ROAD TUCSON,AZ85719	PC	CHARITABLE ENTITY SUPPORT	5,000
FOLDS OF HONOR NORTHERN OHIO CHAPTERPO BOX 144 AURORA,OH44202	PC	CHARITABLE ENTITY SUPPORT	10,000
FOLDS OF HONOR PALMETTO STATE1275 THORNBLADE BLVD GREER,SC29650	PC	CHARITABLE ENTITY SUPPORT	10,000
HILLSDALE COLLEGE33 E COLLEGE STREET HILLSDALE,MI49242	PC	CHARITABLE ENTITY SUPPORT	10,000
HOOVER INSTITUTION1399 NEW YORK AVE NW 500 WASHINGTON,DC20005	PC	CHARITABLE ENTITY SUPPORT	10,000
INTEGRATIVE TOUCH FOR KIDS5675 N ORACLE RD 3201 TUCSON,AZ85704	PC	CHARITABLE ENTITY SUPPORT	30,000
INTERFAITH COMMUNITY SERVICES2820 W INA RD TUCSON,AZ85741	PC	CHARITABLE ENTITY SUPPORT	500
KANE SCHOOL DISTRICT400 WEST HEMLOCK AVENUE KANE,PA16735	PC	CHARITABLE ENTITY SUPPORT	100,000
MIRACLES FOR KIDS17848 SKY PARK CIRCLE SUITE C IRVINE,CA92614	PC	CHARITABLE ENTITY SUPPORT	10,000
MOBILE MEALS OF SOUTHERN ARIZONA4803 EAST 5TH STREET TUCSON,AZ85711	PC	CHARITABLE ENTITY SUPPORT	5,000
NORWALK HOSPITAL FOUNDATION34 MAPLE ST NORWALK,CT06856	PC	CHARITABLE ENTITY SUPPORT	30,000
NOTES FOR NOTES1718 CHURCH ST 331916 NASHVILLE,TN37203	PC	CHARITABLE ENTITY SUPPORT	5,000
OPERA SANTA BARBARA1330 STATE STREET SUITE 209 SANTA BARBARA,CA93101	PC	CHARITABLE ENTITY SUPPORT	10,000
PIMA COUNCIL ON AGING8467 E BROADWAY BLVD TUCSON,AZ85710	PC	CHARITABLE ENTITY SUPPORT	5,000
PRESIDENT & FELLOWS OF HARVARD COLLEGEMASSACHUSETTS HALL CAMBRIDGE,MA02138	PC	CHARITABLE ENTITY SUPPORT	25,000
REACHOUT WOMEN'S CENTERE2648 N CAMPBELL AVENUE TUCSON,AZ85719	PC	CHARITABLE ENTITY SUPPORT	5,000
REID PARK ZOOLOGICAL SOCIETY1030 S RANDOLPH WAY TUCSON,AZ85716	PC	CHARITABLE ENTITY SUPPORT	500
SALPOINTE CATHOLIC EDUCATION FOUNDATION1545 E COPPER STREET TUCSON,AZ85719	PC	CHARITABLE ENTITY SUPPORT	30,000
SANTA BARBARA MARITIME MUSEUM13 HARBOR WAY STE 190 SANTA BARBARA,CA93109	PC	CHARITABLE ENTITY SUPPORT	5,000
SARASOTA MEMORIAL HEALTHCARE FOUNDATION1515 S OSPREY AVE 4 SARASOTA,FL34239	PC	CHARITABLE ENTITY SUPPORT	35,000
SISTER JOSE' WOMEN'S SHELTER1050 S PARK AVE TUCSON,AZ85719	PC	CHARITABLE ENTITY SUPPORT	7,500
SMALL TOWN BIG DREAMSPO BOX 1022 WILLCOX,AZ85644	PC	CHARITABLE ENTITY SUPPORT	25,000
SOUTHWEST TECHNICAL COLLEGE757 W 800 S CEDAR CITY,UT84720	PC	CHARITABLE ENTITY SUPPORT	375,000
ST LOUIS CHILDREN'S HOSPITAL FOUNDATIONONE CHILDRENS PLACE ST LOUIS,MO63110	PC	CHARITABLE ENTITY SUPPORT	25,000
THE UNIVERSITY OF ARIZONA FOUNDATION1111 N CHERRY AVENUE TUCSON,AZ85721	PC	CHARITABLE ENTITY SUPPORT	45,000
TUCSON BOTANICAL GARDENS2150 N ALVERNON WAY TUCSON,AZ85712	PC	CHARITABLE ENTITY SUPPORT	500
UAFHONORS RESEARCH FUNDPO BOX 756282 FAIRBANKS,AK99775	PC	CHARITABLE ENTITY SUPPORT	20,000
UCLA JONSSON CANCER CENTER FOUNDATIONBOX 951781 LOS ANGELES,CA90095	PC	CHARITABLE ENTITY SUPPORT	5,000
UNIVERSITY OF UTAH201 PRESIDENTS CIR SALT LAKE CITY,UT84112	PC	CHARITABLE ENTITY SUPPORT	15,000
YOUNG AMERICA'S FOUNDATION11480 COMMERCE PARK DRIVE RESTON,VA20191	PC	CHARITABLE ENTITY SUPPORT	10,000
YOUTH ON THEIR OWN1660 N ALVERNON WAY TUCSON,AZ85712	PC	CHARITABLE ENTITY SUPPORT	10,000
Total ............................... 3a			1,965,600
bApproved for future payment
LUCILE PACKARD FOUNDATION400 HAMILTON AVENUE SUITE 340 PALO ALTO,CA94301	PC	CHARITABLE ENTITY SUPPORT	600,000
UNIVERSITY OF IOWA108 CALVIN HALL IOWA CITY,IA52242	PC	CHARITABLE ENTITY SUPPORT	300,000
IGEM FOUNDATION45 PROSPECT STREET CAMBRIDGE,MA02139	PC	CHARITABLE ENTITY SUPPORT	1,125,000
C-PATH INSTITUTE TRXA1730 E RIVER ROAD 200 TUCSON,AZ85718	PC	CHARITABLE ENTITY SUPPORT	107,000
MEDTECH INNOVATOR10956 WEYBURN AVENUE LOS ANGELES,CA90024	PC	CHARITABLE ENTITY SUPPORT	2,600,000
Total ................................ 3b			4,732,000

- TIN:

Schedule B
(Form 990, 990-EZ,
or 990-PF)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2020

Name of the organization

FREDERICK GARDNER COTTRELL FOUNDATION

Employer identification number

86-0940147

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Arrow Bullet

Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)

Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2

Name of organization FREDERICK GARDNER COTTRELL FOUNDATION

Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
1	RESEARCH CORPORATION TECHNOLOGIES 6440 N SWAN ROAD SUITE 200 TUCSON, AZ85718	$ 9,298,549	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2020)

Schedule B (Form 990, 990-EZ, or 990-PF) (2020)

Page 3

Name of organization FREDERICK GARDNER COTTRELL FOUNDATION		Employer identification number 86-0940147

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
1	FMV OF DONATED STOCK	$ 9,298,549	2020-12-31
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990, 990-EZ, or 990-PF) (2020)

Schedule B (Form 990, 990-EZ, or 990-PF) (2020)

Page 4


Name of organization FREDERICK GARDNER COTTRELL FOUNDATION			Employer identification number 86-0940147
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990, 990-EZ, or 990-PF) (2020)

Additional Data

Software ID:
Software Version:

- TIN:

TY 2020 AccountingFeesSchedule

Name:

FREDERICK GARDNER COTTRELL FOUNDATION

EIN:

86-0940147

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING FEES	17,046	8,523		8,523

- TIN:

TY 2020 InvestmentsCorpStockSchedule

Name:

FREDERICK GARDNER COTTRELL FOUNDATION

EIN:

86-0940147

Name of Stock	End of Year Book Value	End of Year Fair Market Value
CAPITAL GROUP CORE BOND FUND CLASS M 573,565 SHARES	6,022,432	6,022,432
AMERICAN HIGH-INCOME TRUST CLASS F3 123,814 SHARES	1,255,478	1,255,478
AIR PRODS & CHEMS INC COM 57 SHARES	15,574	15,574
ASAHI KASEI CORP SHS 6,400 SHARES	66,560	66,560
GIVAUDAN AG DUEBENDORF ACT NOM SHS 3 SHARES	12,216	12,216
L'AIR LIQUIDE CO LTD SHS 82 SHARES	13,468	13,468
LINDE PLC SH 44 SHARES	11,594	11,594
RIO TINTO PLC SHS 185 SHARES	13,830	13,830
SHIN ETSU CHEMICAL CO SHS 400 SHARES	71,460	71,460
AMAZON COM INC 15 SHARES	48,854	48,854
B&M EUROPEAN VALUE RETAIL SA REG SHS 4,392 SHARES	30,985	30,985
CIE FINANCIERE RICHEMONT AG ZUG NAMEN AKT 520 SHARES	47,788	47,788
COMCAST CORP CL A 1,449 SHARES	75,928	75,928
COSTCO WHOLESALE CORP NEW COM 153 SHARES	57,647	57,647
ESSILORLUXOTTICA SA ACT 405 SHARES	63,198	63,198
HERMES INTL S A SHS 24 SHARES	25,826	25,826
HILTON WORLDWIDE HLDGS INC COM NEW 328 SHARES	36,493	36,493
HYUNDAI MTR CO SPONSORED GDR REPSTG PFD SHS 144A NEW 499 SHARES	20,579	20,579
INDUSTRIA DE DISENO TEXTIL INDITES SA SHS NEW1,682 SHARES	53,584	53,584
KERING SA SHS 66 SHARES	47,994	47,994
LAS VEGAS SANDS CORP COM 231 SHARES	13,768	13,768
LVMH (MOET HENNESSY LOUIS VUITTON) ORD 24 SHARES	15,001	15,001
NIKE INC CL B 118 SHARES	16,693	16,693
NITORI HOLDINGS CO LTD SHS NEW 47 SHARES	10,073	10,073
ROYAL CARIBBEAN GROUP 494 SHARES	36,897	36,897
SUZUKI MOTOR CO LTD ORD SHS 200 SHARES	9,422	9,422
V F CORP COM 198 SHARES	16,911	16,911
YUM BRANDS INC COM 301 SHARES	32,677	32,677
CHEVRON CORP NEW COM 679 SHARES	57,342	57,342
TC ENERGY CORPORATION REGISTERED SHS 445 SHARES	18,079	18,079
TOTAL SA EUR SHS 732 SHARES	31,612	31,612
AIA GROUP LTD HONG KONG SHS 10,800 SHARES	133,229	133,229
AON PLC REGISTERED SHS CL A 183 SHARES	38,662	38,662
BANCO BILBAO VIZCAYA ARGENTARIA SA SHARES 1,938 SHARES	9,567	9,567
CHUBB LTD COM 100 SHARES	15,392	15,392
CITIZENS FINL GROUP INC COM 1,697 SHARES	60,685	60,685
DBS GROUP HLDGS LTD DBSH 900 SHRES	17,056	17,056
DEUTSCHE BOERSE AG FRANKFURT AM MAIN NAMENS AKT 80 SHARES	13,817	13,817
DNB ASA SHS 2,523 SHARES	51,166	51,166
FIRST REP BK SAN FRANCISCO CALIF NEW COM 56 SHARES	8,228	8,228
HDFC BK LTD ADR REPSTG 3 SHS 309 SHARES	22,328	22,328
INTERCONTINENTAL EXCHANGE INC COM 597 SHARES	68,828	68,828
JP MORGAN CHASE & CO COM 642 SHARES	81,579	81,579
LONDON STOCK EXCH GROUP PLC LONDON 230 SHARES	28,316	28,316
MARSH & MCLENNAN COS INC COM 185 SHARES	21,645	21,645
PNC FINL SVCS GROUP INC COM 83 SHARES	12,367	12,367
RENAISSANCE RE HOLDINGS LTD COM 75 SHARES	12,437	12,437
STATE STR CORP COM 294 SHARES	21,397	21,397
SVENSKA HANDELSBANKEN AB SHS PUBL SHS A 472 SHARES	4,744	4,744
TRUIST FINL CORP COM 311 SHARES	14,906	14,906
UBS GROUP AG SHS 1,966 SHARES	27,780	27,780
ABBOTT LABS COM 615 SHARES	67,336	67,336
ANTHEM INC COM STK 50 SHARES	16,055	16,055
ASTRAZENECA PLC SHS 917 SHARES	92,617	92,617
BAXTER INTL INC COM 112 SHARES	8,987	8,987
BEIGENE LTD SPONSORED ADR 100 SHARES	25,839	25,839
CIGNA CORP NEW COM 26 SHARES	5,413	5,413
DANAHER CORP COM 220 SHARES	48,871	48,871
EDWARDS LIFESCIENCES CORP COM 63 SHARES	5,747	5,747
GALAPAGOS NV SHS 20 SHARES	1,969	1,969
GENMAB A/S SHS 93 SHARES	38,921	38,921
GILEAD SCIENCES INC 513 SHARES	29,887	29,887
GRIFOLS SA SHS A 986 SHARES	28,806	28,806
JOHNSON & JOHNSON COM 144 SHARES	22,663	22,663
KONINKLIJKE PHILIPS N V 157 SHARES	8,505	8,505
LILLY ELI & CO COM 127 SHARES	21,443	21,443
MERCK & CO INC NEW COM 473 SHARES	38,691	38,691
NEUROCRINE BIOSCIENCES INC COM 82 SHARES	7,860	7,860
NOVO NORDISK AS VORMALS NOVO INDUSTRI AS ALMINDELIG 1,360 SHARES	97,512	97,512
ROYAL PHILIPS NV SHS 1,236 SHARES	66,201	66,201
SARTORIUS AG VORZ AKT OHNE STIMMRECHT 32 SHARES	13,452	13,452
SEAGEN INC COM 471 SHARES	82,491	82,491
SHIONOGI & CO LTD SHS 200 SHARES	11,050	11,050
STRAUMANN HOLDING AG WALDENBURG NAMEN AKT 5 SHARES	5,951	5,951
TERUMO CORP SHS 500 SHARES	21,305	21,305
UNITEDHEALTH GROUP INC COM 255 SHARES	89,423	89,423
VERTEX PHARMACEUTICALS INC COM 46 SHARES	10,872	10,872
ZIMMER BIOMET HLDGS INC COM SHARES 128 SHARES	19,724	19,724
ABB LTD ZUERICH NAMEN AKT SHS 1,755 SHARES	49,667	49,667
AMETEK INC NEW COM 392 SHARES	47,408	47,408
BWX TECHNOLOGIES INC COM 84 SHARES	5,064	5,064
CHINA TOWER CORPORATION LIMITED REGISTERED SHS 62,000 SHARES	9,116	9,116
CSX CORP COM 550 SHARES	49,913	49,913
DKSH HOLDING AG ZUERICH NAMEN AKT 160 SHARES	12,049	12,049
DSV PANALPINA A/S BEARER AND/OR REGISTERED SHS 92 SHARES	15,056	15,056
EURONET WORLDWIDE INC 165 SHARES	23,912	23,912
GLOBAL PMTS INC COM 66 SHARES	14,218	14,218
HEICO CORP NEW CL A 80 SHARES	9,365	9,365
HEICO CORP NEW COM 70 SHARES	9,268	9,268
KEYENCE CORPED SHS 100 SHARES	56,996	56,996
MOODYS CORP COM 185 SHARES	53,694	53,694
MSCI INC COM 58 SHARES	25,899	25,899
MURATA MFG CO LTD FIRST SECTION 200 SHARES	18,400	18,400
NORFOLK SOUTHN CORP COM 80 SHARES	19,009	19,009
NORTHROP GRUMMAN CORP COM 185 SHARES	56,373	56,373
RELX PLC SHS 343 SHARES	8,403	8,403
RYANAIR HLDGS PLC SPONSORED ADR NEW 352 SHARES	38,713	38,713
SAFRAN SA PARIS SHS 907 SHARES	128,661	128,661
SMC CORP SHS 90 SHARES	53,014	53,014
TRANSDIGM GROUP INC COM 64 SHARES	39,606	39,606
WABTEC COM 496 SHARES	36,307	36,307
WASTE CONNECTIONS INC COM 203 SHARES	20,800	20,800
ANHEUSER BUSCH INBEV SA NV SHS 665 SHARES	46,381	46,381
BRITISH AMERICAN TOBACCO PLC ORD SHS 1,270 SHARES	47,003	47,003
CARLSBERGRNATIONAL 517 SHARES	84,044	84,044
DIAGEO PLC ORD SHS 625 SHARES	24,584	24,584
ESTEE LAUDER COMPANIES INC CL A 55 SHARES	14,640	14,640
GROUP DANONE SHS 407 SHARES	26,768	26,768
HONEYWELL INTL INC COM 283 SHARES	60,194	60,194
LOREAL SHS 144 SHARES	54,754	54,754
MONDELEZ INTL INC CL A 344 SHARES	20,114	20,114
NESTLE SA CHAM ET VEVEY SHS COM NEW 556 SHARES	67,421	67,421
PERNOD RICARD ORD SHS 164 SHARES	31,460	31,460
PHILIP MORRIS INTL INC COM 541 SHARES	44,789	44,789
RECKITT BENCKISER GROUP PLC SLOUGH SHS 875 SHARES	78,233	78,233
UNI CHARM CORP SHS 200 SHARES	9,641	9,641
UNILEVER PLC SHS 307 SHARES	18,428	18,428
ACTIVISION BLIZZARD INC COM 868 SHARES	80,594	80,594
ADEVINTA ASA REGISTERED SHS 824 SHARES	13,865	13,865
ADOBE SYS INC COM 15 SHARES	7,502	7,502
ALPHABET INC CAP STK CL C 9 SHARES	15,767	15,767
ALPHABET INC CL A 20 SHARES	35,053	35,053
AMERICA MOVIL SAB DE C V SPONSORED ADR REPSTG SER L SHS 2,562 SHARES	37,251	37,251
APPLE INC COM 885 SHARES	117,431	117,431
ASML HOLDING N V SHS 318 SHARES	154,663	154,663
BROADCOM INC COM 326 SHARES	142,739	142,739
CHARTER COMMUNICATIONS INC NEW CL A 53 SHARES	35,062	35,062
CREE INC COM 175 SHARES	18,533	18,533
ELECTRONIC ARTS INC COM 162 SHARES	23,263	23,263
FACEBOOK INC CL A 94 SHARES	25,677	25,677
FIDELITY NATL INFORMATION SVCS INC COM 191 SHARES	27,019	27,019
GODADDY INC CL A 818 SHARES	67,853	67,853
HAMAMATSU PHOTONICS KK SHS 700 SHARES	39,396	39,396
HENRY JACK & ASSOC INC COM 162 SHARES	26,242	26,242
INTEL CORP COM 667 SHARES	33,230	33,230
KLA CORP COM 224 SHARES	57,996	57,996
KONINKLIJKE KPN NV SHS 11,666 SHARES	35,495	35,495
MICROSOFT CORP COM 416 SHARES	92,527	92,527
NTT NIPPON TELEGRAPH & TELEPHON CORP SHS 300 SHARES	7,815	7,815
OBIC CO LTD TOKYO SHS 100 SHARES	20,081	20,081
SAMSUNG ELECTRS LTD NON-VTG PFD GDR SHS 144A 35 SHARES	58,450	58,450
SAP AG SYSTEME ANWENDUNGEN PRODUKTE IN DER 440 SHARES	57,178	57,178
SERVICENOW INC COM 40 SHARES	22,017	22,017
SOFTBANK GROUP CORP SHS 200 SHARES	15,982	15,982
TAIWAN SEMICONDUCTOR MFG CO SPONSORED ADR 1,756 SHARES	191,474	191,474
TENCENT HLDGS LTD SHS PAR HKD 0.00002 1,000 SHARES	72,740	72,740
TRIMBLE INC COM 341 SHARES	22,769	22,769
VISA INC COM CL A 506 SHARES	110,677	110,677
AES CORP COM 1,224 SHARES	28,764	28,764
ENEL SOCIETA PER AZIONI AZ 7,769 SHARES	78,660	78,660
ENGIE ACT COM STK 650 SHARES	9,956	9,956
IBERDROLA SA BILBAO SHS 1,792 SHARES	25,650	25,650
SEMPRA ENERGY COM 97 SHARES	12,359	12,359
AMERICAN TOWER CORP NEW COM 188 SHARES	42,198	42,198
COMPAGNIE FINANCIERE RICHEMONT SA WARRANT 2020-22 11 23 1,040 SHARES	271	271
CROWN CASTLE INTL CORP NEW COM 243 SHARES	38,683	38,683
EQUINIX INC COM PAR $0 001 41 SHARES	29,281	29,281
LINK REAL ESTATE INVESTMENT TRUST UNITS 3,574 SHARES	32,543	32,543
FUNDAMENTAL INVESTORS CL F3 90,942 SHARES	6,284,980	6,284,980
GROWTH FUND OF AMERICA CL F3 95,3323 SHARES	6,438,780	6,438,780
NEW PERSPECTIVE FUND CL F3 108,560 SHARES	6,565,697	6,565,697
SMALLCAP WORLD FUND CL F3 61,070 SHARES	4,125,420	4,125,420
NEW WORLD FUND CL F3 42,979 SHARES	3,780,409	3,780,409
LACOSTE ROMBERG SCINTREX 1,680,000 SHARES	1,414,029	1,414,029

- TIN:

TY 2020 LegalFeesSchedule

Name:

FREDERICK GARDNER COTTRELL FOUNDATION

EIN:

86-0940147

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
LEGAL FEES	6,753	3,377		3,376

- TIN:

TY 2020 OtherExpensesSchedule

Name:

FREDERICK GARDNER COTTRELL FOUNDATION

EIN:

86-0940147

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
BANK ACCOUNT CHARGES	249	126		125
OTHER EXPENSES	26	0		26

- TIN:

TY 2020 OtherIncreasesSchedule

Name:

FREDERICK GARDNER COTTRELL FOUNDATION

EIN:

86-0940147

Description	Amount
NET UNREALIZED GAIN ON INVESTMENTS CARRIED AT FMV	6,471,302

- TIN:

TY 2020 OtherProfessionalFeesSchedule

Name:

FREDERICK GARDNER COTTRELL FOUNDATION

EIN:

86-0940147

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
PORTFOLIO MANAGEMENT FEES	60,424	60,424		0
CONSULTING	7,135	3,568		3,567

- TIN:

TY 2020 TaxesSchedule

Name:

FREDERICK GARDNER COTTRELL FOUNDATION

EIN:

86-0940147

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAXES	7,628	0		0
EXCISE TAXES	60,974	0		0