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 04-01-2020 , and ending 03-31-2021

Name of foundation
D A O FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)6428 OLD HUNTERS RUN
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
ROCKFORD, IL61114

A Employer identification number

36-6101712

B Telephone number (see instructions)

(815) 985-4884

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

$3,041,610J 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...	76,943		76,943
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		35,922
b	Gross sales price for all assets on line 6a 727,288
7	Capital gain net income (from Part IV, line 2)...			35,922
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........	112,865		112,865
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).........
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....		14,287	14,287	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		15	0	0
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	14,302		14,287	0
25	Contributions, gifts, grants paid.......	131,190			131,190
26	Total expenses and disbursements. Add lines 24 and 25	145,492		14,287	131,190
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-32,627
b	Net investment income (if negative, enter -0-)			98,578
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

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

Form 990-PF (2020)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	125,181	129,541	129,541
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......	1,688,369	1,584,923	2,193,837
	c	Investments—corporate bonds (attach schedule).......	615,030	469,848	480,962
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	7,654	219,295	237,270
	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)	2,436,234	2,403,607	3,041,610
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	2,436,234	2,403,607
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	0	0
	29	Total net assets or fund balances (see instructions).....	2,436,234	2,403,607
	30	Total liabilities and net assets/fund balances (see instructions).	2,436,234	2,403,607

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

2,436,234

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

-32,627

Other increases not included in line 2 (itemize) bullet

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

2,403,607

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 .

2,403,607

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	(d) Date sold (mo., day, yr.)
1 a	CARRIER GLOBAL CORP	P	2020-04-17
b	OTIS WORLDWIDE CORP	P	2020-04-17
c	CREDIT SUISSE FLOATING RATE HIGH INCOME FUND	P	2020-05-04
d	ANHEUSER-BUSCH INBEV SA/NV	P	2020-05-05
e	ADAMS DIVERSIFIED EQUITY FUND INC	P	2020-05-08
	ASHTEAD GROUP PLC	P	2020-05-13
	ASHTEAD GROUP PLC	P	2020-05-14
	ADAMS DIVERSIFIED EQUITY FUND INC	P	2020-05-14
	ASHTEAD GROUP PLC	P	2020-05-15
	ASHTEAD GROUP PLC	P	2020-05-18
	ASML HOLDING NV	P	2020-05-18
	ASHTEAD GROUP PLC	P	2020-05-19
	POSTAL REALTY TRUST INC	P	2020-05-19
	PRUDENTIAL PLC	P	2020-05-27
	CREDIT SUISSE FLOATING RATE HIGH INCOME FUND	P	2020-05-29
	MONMOUTH REAL ESTATE INVESTMENT CORP 6.125%	P	2020-06-02
	MONMOUTH REAL ESTATE INVESTMENT CORP 6.125%	P	2020-06-03
	MONMOUTH REAL ESTATE INVESTMENT CORP 6.125%	P	2020-06-04
	SPDR BLOOMBERG BARCLAYS 1-3 MONTH T-BILL ETF	P	2020-06-05
	MONMOUTH REAL ESTATE INVESTMENT CORP 6.125%	P	2020-06-05
	MONMOUTH REAL ESTATE INVESTMENT CORP 6.125%	P	2020-06-08
	FS KKR CAPITAL CORP	P	2020-06-08
	ADAMS DIVERSIFIED EQUITY FUND INC	P	2020-06-18
	SPDR BLOOMBERG BARCLAYS 1-3 MONTH T-BILL ETF	P	2020-07-22
	MONMOUTH REAL ESTATE INVESTMENT CORP 6.125%	P	2020-08-07
	UMH PROPERTIES INC 6.375%	P	2020-08-19
	POSTAL REALTY TRUST INC	P	2020-08-19
	CREDIT SUISSE FLOATING RATE HIGH INCOME FUND	P	2020-08-20
	CHEVRON CORP	P	2020-09-08
	UMH PROPERTIES INC 6.375%	P	2020-09-16
	TEMENOS AG	P	2020-10-05
	COMPASS GROUP PLC	P	2020-10-29
	TRI-CONTINENTAL CORP	P	2020-12-09
	DAIKIN INDUSTRIES LTD	P	2020-12-14
	INVESCO TREASURY COLLATERAL ETF	P	2020-12-14
	DAIKIN INDUSTRIES LTD	P	2020-12-15
	DAIKIN INDUSTRIES LTD	P	2020-12-17
	FIRST CITIZENS BANCSHARES INC/NC 5.375%	P	2020-12-18
	FIRST CITIZENS BANCSHARES INC/NC 5.375%	P	2020-12-22
	FIRST CITIZENS BANCSHARES INC/NC 5.375%	P	2020-12-23
	BANK CENTRAL ASIA TBK PT	P	2021-02-02
	BANK CENTRAL ASIA TBK PT	P	2021-02-03
	DYNEX CAPITAL INC 7.625%	P	2021-02-04
	BANK CENTRAL ASIA TBK PT	P	2021-02-04
	BANK CENTRAL ASIA TBK PT	P	2021-02-05
	BANK CENTRAL ASIA TBK PT	P	2021-02-08
	BANK CENTRAL ASIA TBK PT	P	2021-02-10
	BANK CENTRAL ASIA TBK PT	P	2021-02-11
	BANK CENTRAL ASIA TBK PT	P	2021-02-12
	BANK CENTRAL ASIA TBK PT	P	2021-02-16
	BANK CENTRAL ASIA TBK PT	P	2021-02-17
	BANK CENTRAL ASIA TBK PT	P	2021-02-18
	BANK CENTRAL ASIA TBK PT	P	2021-02-19
	BANK CENTRAL ASIA TBK PT	P	2021-02-22
	BANK CENTRAL ASIA TBK PT	P	2021-02-23
	BANK CENTRAL ASIA TBK PT	P	2021-02-24
	BANK CENTRAL ASIA TBK PT	P	2021-02-25
	BANK CENTRAL ASIA TBK PT	P	2021-02-26
	RECKITT BENCKISER GROUP PLC	P	2021-03-02
	BANK CENTRAL ASIA TBK PT	P	2021-03-03
	BANK CENTRAL ASIA TBK PT	P	2021-03-04
	BANK CENTRAL ASIA TBK PT	P	2021-03-05
	RECKITT BENCKISER GROUP PLC	P	2020-04-14
	CARRIER GLOBAL CORP	P	2020-04-17
	OTIS WORLDWIDE CORP	P	2020-04-17
	VERSUS CAPITAL MULTI-MANAGER REAL ESTATE INCOME FUND LLC	P	2020-04-21
	CITY OFFICE REIT INC	P	2020-04-30
	BOEING CO/THE	P	2020-05-04
	CREDIT SUISSE FLOATING RATE HIGH INCOME FUND	P	2020-05-04
	INVESCO MORTGAGE CAPITAL INC VARIABLE 7.5%	P	2020-05-14
	INVESCO MORTGAGE CAPITAL INC VARIABLE 7.5%	P	2020-05-14
	ASML HOLDING NV	P	2020-05-18
	ASSA ABLOY AB	P	2020-05-18
	ASSA ABLOY AB	P	2020-05-19
	ASSA ABLOY AB	P	2020-05-20
	POSTAL REALTY TRUST INC	P	2020-05-20
	ASSA ABLOY AB	P	2020-05-21
	INVESCO MORTGAGE CAPITAL INC VARIABLE 7.5%	P	2020-05-21
	ASSA ABLOY AB	P	2020-05-22
	POSTAL REALTY TRUST INC	P	2020-05-22
	INVESCO MORTGAGE CAPITAL INC VARIABLE 7.5%	P	2020-05-22
	ASSA ABLOY AB	P	2020-05-26
	PRUDENTIAL PLC	P	2020-05-27
	POSTAL REALTY TRUST INC	P	2020-05-29
	INVESCO MORTGAGE CAPITAL INC VARIABLE 7.5%	P	2020-05-29
	INVESCO MORTGAGE CAPITAL INC VARIABLE 7.5%	P	2020-06-03
	INVESCO MORTGAGE CAPITAL INC VARIABLE 7.5%	P	2020-06-04
	HERCULES CAPITAL INC 6.25% 30 OCT 2033	P	2020-06-05
	MEDLEY LLC 7.25% 30 JAN 2024	P	2020-06-08
	FS KKR CAPITAL CORP	P	2020-06-08
	MEDLEY LLC 7.25% 30 JAN 2024	P	2020-06-09
	BLACKROCK TCP CAPITAL CORP COM	P	2020-06-09
	FS KKR CAPITAL CORP	P	2020-06-09
	BLACKROCK TCP CAPITAL CORP COM	P	2020-06-10
	FS KKR CAPITAL CORP	P	2020-06-10
	MEDLEY LLC 7.25% 30 JAN 2024	P	2020-06-10
	MEDLEY LLC 7.25% 30 JAN 2024	P	2020-06-10
	MEDLEY LLC 7.25% 30 JAN 2024	P	2020-06-11
	MEDLEY LLC 7.25% 30 JAN 2024	P	2020-06-11
	ASHTEAD GROUP PLC	P	2020-06-12
	MEDLEY LLC 7.25% 30 JAN 2024	P	2020-06-12
	FS KKR CAPITAL CORP	P	2020-06-15
	STONE RIDGE ALTERNATIVE LENDING RISK PREMIUM FUND	P	2020-06-17
	STONE RIDGE ALTERNATIVE LENDING RISK PREMIUM FUND	P	2020-06-17
	FS KKR CAPITAL CORP	P	2020-06-17
	PHYSICIANS REALTY TRUST	P	2020-06-18
	ADAMS DIVERSIFIED EQUITY FUND INC	P	2020-06-18
	TENCENT HOLDINGS LTD	P	2020-06-30
	ASML HOLDING NV	P	2020-07-21
	LONZA GROUP AG	P	2020-07-21
	VERSUS CAPITAL MULTI-MANAGER REAL ESTATE INCOME FUND LLC	P	2020-07-21
	LONZA GROUP AG	P	2020-07-23
	LONZA GROUP AG	P	2020-08-06
	JERNIGAN CAPITAL INC 7%	P	2020-08-07
	GLOBAL MEDICAL REIT INC 7.5%	P	2020-08-19
	POSTAL REALTY TRUST INC	P	2020-08-19
	ADAMS DIVERSIFIED EQUITY FUND INC	P	2020-08-20
	POSTAL REALTY TRUST INC	P	2020-08-24
	ALIBABA GROUP HOLDING LTD	P	2020-09-01
	APPLE INC	P	2020-09-08
	CHEVRON CORP	P	2020-09-08
	FS KKR CAPITAL CORP	P	2020-09-14
	STONE RIDGE ALTERNATIVE LENDING RISK PREMIUM FUND	P	2020-09-18
	STONE RIDGE ALTERNATIVE LENDING RISK PREMIUM FUND	P	2020-09-18
	LVMH MOET HENNESSY LOUIS VUITTON SE	P	2020-09-16
	TEMENOS AG	P	2020-09-22
	NIDEC CORP	P	2020-09-22
	TEMENOS AG	P	2020-09-23
	NIDEC CORP	P	2020-09-23
	TEMENOS AG	P	2020-09-24
	TRISTATE CAPITAL HOLDINGS INC VARIABLE 6.75%	P	2020-09-24
	TRISTATE CAPITAL HOLDINGS INC VARIABLE 6.75%	P	2020-09-24
	TEMENOS AG	P	2020-09-25
	BLACKROCK TCP CAPITAL CORP COM	P	2020-09-25
	TEMENOS AG	P	2020-09-28
	TEMENOS AG	P	2020-09-30
	B&M EUROPEAN VALUE RETAIL SA	P	2020-10-01
	TEMENOS AG	P	2020-10-01
	B&M EUROPEAN VALUE RETAIL SA	P	2020-10-02
	TEMENOS AG	P	2020-10-02
	TEMENOS AG	P	2020-10-05
	B&M EUROPEAN VALUE RETAIL SA	P	2020-10-05
	B&M EUROPEAN VALUE RETAIL SA	P	2020-10-06
	B&M EUROPEAN VALUE RETAIL SA	P	2020-10-08
	B&M EUROPEAN VALUE RETAIL SA	P	2020-10-09
	B&M EUROPEAN VALUE RETAIL SA	P	2020-10-14
	VERSUS CAPITAL MULTI-MANAGER REAL ESTATE INCOME FUND LLC	P	2020-10-20
	COMPASS GROUP PLC	P	2020-10-28
	COMPASS GROUP PLC	P	2020-10-29
	WALMART INC	P	2020-10-29
	US BANCORP	P	2020-10-29
	GENMAB A/S	P	2020-11-10
	CALBEE INC	P	2020-11-13
	CALBEE INC	P	2020-11-16
	CALBEE INC	P	2020-11-17
	CALBEE INC	P	2020-11-18
	CALBEE INC	P	2020-11-19
	CALBEE INC	P	2020-11-20
	CALBEE INC	P	2020-11-23
	CALBEE INC	P	2020-11-24
	LONZA GROUP AG	P	2020-11-25
	CALBEE INC	P	2020-11-25
	CALBEE INC	P	2020-11-27
	CALBEE INC	P	2020-11-30
	CALBEE INC	P	2020-12-01
	NESTLE SA	P	2020-12-02
	CALBEE INC	P	2020-12-02
	CALBEE INC	P	2020-12-03
	CALBEE INC	P	2020-12-04
	CALBEE INC	P	2020-12-07
	NEW YORK MORTGAGE TRUST INC VARIABLE 7.875%	P	2020-12-07
	CALBEE INC	P	2020-12-08
	STONE RIDGE ALTERNATIVE LENDING RISK PREMIUM FUND	P	2020-12-11
	STONE RIDGE ALTERNATIVE LENDING RISK PREMIUM FUND	P	2020-12-11
	TRI-CONTINENTAL CORP	P	2020-12-09
	HERCULES CAPITAL INC 6.25% 30 OCT 2033	P	2020-12-09
	INVESTORS REAL ESTATE TRUST 6.625%	P	2020-12-09
	CALBEE INC	P	2020-12-09
	PENNANTPARK INVESTMENT CORP 5.5% 15 OCT 2024	P	2020-12-09
	BLACKROCK TCP CAPITAL CORP COM	P	2020-12-09
	COHEN & STEERS REIT AND PREFERRED AND INCOME FUND INC	P	2020-12-10
	B&M EUROPEAN VALUE RETAIL SA	P	2020-12-11
	DAIKIN INDUSTRIES LTD	P	2020-12-14
	B&M EUROPEAN VALUE RETAIL SA	P	2020-12-14
	BLACKROCK TCP CAPITAL CORP COM	P	2020-12-14
	B&M EUROPEAN VALUE RETAIL SA	P	2020-12-15
	GLADSTONE COMMERCIAL CORP 7%	P	2020-12-15
	BLACKROCK TCP CAPITAL CORP COM	P	2020-12-15
	DAIKIN INDUSTRIES LTD	P	2020-12-16
	B&M EUROPEAN VALUE RETAIL SA	P	2020-12-16
	GLADSTONE COMMERCIAL CORP 7%	P	2020-12-21
	T ROWE PRICE GROUP INC	P	2020-12-24
	COBANK ACB VARIABLE 6.2%	P	2020-12-30
	COBANK ACB VARIABLE 6.2%	P	2020-12-31
	COBANK ACB VARIABLE 6.2%	P	2021-01-04
	ALIBABA GROUP HOLDING LTD	P	2021-01-12
	COBANK ACB VARIABLE 6.2%	P	2021-01-14
	BLACKROCK TCP CAPITAL CORP COM	P	2021-01-14
	TENCENT HOLDINGS LTD	P	2021-01-21
	VERSUS CAPITAL MULTI-MANAGER REAL ESTATE INCOME FUND LLC	P	2021-01-26
	COHEN & STEERS REIT AND PREFERRED AND INCOME FUND INC	P	2021-02-09
	COHEN & STEERS REIT AND PREFERRED AND INCOME FUND INC	P	2021-02-10
	GLOBAL MEDICAL REIT INC 7.5%	P	2021-02-25
	FEDERATED HERMES INSTITUTIONAL HIGH YIELD BOND FUND	P	2021-02-24
	JPMORGAN HEDGED EQUITY FUND	P	2021-02-25
	VANGUARD SHORT-TERM INVESTMENT GRADE FUND	P	2021-02-25
	COBANK ACB VARIABLE 6.2%	P	2021-02-26
	RECKITT BENCKISER GROUP PLC	P	2021-03-02
	VANGUARD SHORT-TERM INVESTMENT GRADE FUND	P	2021-03-02
	JPMORGAN HEDGED EQUITY FUND	P	2021-03-02
	RECKITT BENCKISER GROUP PLC	P	2021-03-03
	COHEN & STEERS REIT AND PREFERRED AND INCOME FUND INC	P	2021-03-03
	COHEN & STEERS REIT AND PREFERRED AND INCOME FUND INC	P	2021-03-05
	NEWTEK BUSINESS SERVICES CORP 5.75% 01/08/2024	P	2021-03-08
	STONE RIDGE ALTERNATIVE LENDING RISK PREMIUM FUND	P	2021-03-19
	B&M EUROPEAN VALUE RETAIL SA	P	2021-03-16
	B&M EUROPEAN VALUE RETAIL SA	P	2021-03-17
	B&M EUROPEAN VALUE RETAIL SA	P	2021-03-18
	STARWOOD PROPERTY TRUST INC	P	2021-03-18
	FIRST CITIZENS BANCSHARES INC/NC 5.375%	P	2021-03-18
	SARATOGA INVESTMENT CORP 6.25% 31 AUG 2025	P	2021-03-18
	EAGLE POINT CREDIT CO INC 7.75% 30 OCT 2026	P	2021-03-18
	PERFORMANCE TRUST STRATEGIC BOND FUND	P	2021-03-18
	B&M EUROPEAN VALUE RETAIL SA	P	2021-03-19
	NEW YORK MORTGAGE TRUST INC VARIABLE 7.875%	P	2021-03-19
	B&M EUROPEAN VALUE RETAIL SA	P	2021-03-22
	B&M EUROPEAN VALUE RETAIL SA	P	2021-03-23
	B&M EUROPEAN VALUE RETAIL SA	P	2021-03-24
	B&M EUROPEAN VALUE RETAIL SA	P	2021-03-25
	B&M EUROPEAN VALUE RETAIL SA	P	2021-03-26
	COHEN & STEERS REIT AND PREFERRED AND INCOME FUND INC	P	2021-03-26
	COHEN & STEERS REIT AND PREFERRED AND INCOME FUND INC	P	2021-03-26
	COHEN & STEERS REIT AND PREFERRED AND INCOME FUND INC	P	2021-03-26
	B&M EUROPEAN VALUE RETAIL SA	P	2021-03-29
	B&M EUROPEAN VALUE RETAIL SA	P	2021-03-30
	B&M EUROPEAN VALUE RETAIL SA	P	2021-03-31
	B&M EUROPEAN VALUE RETAIL SA	P	2021-04-01
	B&M EUROPEAN VALUE RETAIL SA	P	2021-04-05
	COHEN & STEERS REIT AND PREFERRED AND INCOME FUND INC	P	2021-04-05
	COST BASIS ADJUSTMENT	P
	CAPITAL GAINS DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	3,868	3,889	-21
b	6,322	6,350	-28
c	2,436	2,433	3
d	2,063	4,285	-2,222
e	1,659	1,861	-202
	1,444	1,287	157
	552	495	57
	227	248	-21
	433	396	37
	426	396	30
	2,029	2,000	29
	1,611	1,480	131
	65	67	-2
	6,984	7,289	-305
	346	335	11
	1,219	1,230	-11
	248	251	-3
	149	150	-1
	27,911	27,911	0
	945	953	-8
	124	125	-1
	2,002	2,333	-331
	632	646	-14
	16,198	16,215	-17
	331	326	5
	1,894	1,875	19
	464	467	-3
	364	338	26
	7,708	9,185	-1,477
	991	974	17
	3,394	3,230	164
	3,879	3,820	59
	1,034	1,000	34
	828	750	78
	6,237	6,240	-3
	660	559	101
	1,165	974	191
	106	100	6
	54	50	4
	975	900	75
	1,324	1,346	-22
	525	542	-17
	929	885	44
	479	480	-1
	354	359	-5
	530	536	-6
	676	647	29
	640	641	-1
	492	464	28
	608	576	32
	489	450	39
	550	478	72
	420	370	50
	692	631	61
	467	418	49
	636	571	65
	522	467	55
	587	516	71
	4,829	5,201	-372
	670	565	105
	650	560	90
	532	446	86
	3,223	3,234	-11
	3,868	5,353	-1,485
	6,322	8,030	-1,708
	785	798	-13
	2,657	2,709	-52
	16,130	40,839	-24,709
	2,436	2,525	-89
	636	785	-149
	1,765	2,176	-411
	2,029	1,248	781
	1,318	1,641	-323
	1,017	1,020	-3
	653	630	23
	210	219	-9
	587	559	28
	763	936	-173
	465	435	30
	34	34	0
	929	1,131	-202
	2,770	2,555	215
	6,984	10,040	-3,056
	117	118	-1
	670	805	-135
	348	413	-65
	695	827	-132
	1,037	929	108
	176	988	-812
	2,001	2,818	-817
	30	157	-127
	557	704	-147
	423	659	-236
	558	690	-132
	449	628	-179
	178	674	-496
	266	988	-722
	50	157	-107
	133	427	-294
	512	393	119
	67	225	-158
	415	640	-225
	389	405	-16
	839	874	-35
	369	553	-184
	112	92	20
	632	605	27
	1,925	1,328	597
	2,298	953	1,345
	2,394	1,210	1,184
	2,027	2,069	-42
	1,700	826	874
	737	354	383
	1,307	1,067	240
	1,611	1,548	63
	464	513	-49
	1,840	1,424	416
	78	84	-6
	3,722	2,346	1,376
	31,429	9,324	22,105
	7,708	9,083	-1,375
	2,017	3,132	-1,115
	447	455	-8
	965	982	-17
	2,391	1,399	992
	1,787	1,445	342
	922	729	193
	424	361	63
	109	89	20
	842	723	119
	72	79	-7
	312	342	-30
	416	361	55
	669	909	-240
	537	482	55
	1,106	964	142
	600	478	122
	412	361	51
	561	436	125
	269	241	28
	3,394	3,188	206
	52	34	18
	76	52	24
	77	52	25
	128	86	42
	717	482	235
	2,271	2,314	-43
	4,235	6,239	-2,004
	3,879	4,885	-1,006
	7,548	5,092	2,456
	30,376	36,292	-5,916
	4,012	1,760	2,252
	1,252	1,266	-14
	48	49	-1
	322	329	-7
	260	259	1
	339	343	-4
	345	350	-5
	349	350	-1
	301	301	0
	4,026	1,850	2,176
	423	420	3
	428	427	1
	259	259	0
	405	385	20
	3,718	2,983	735
	418	406	12
	275	273	2
	309	308	1
	355	343	12
	819	925	-106
	366	357	9
	3,215	3,212	3
	3,025	3,023	2
	1,034	994	40
	730	612	118
	927	828	99
	660	658	2
	952	950	2
	552	593	-41
	639	496	143
	511	395	116
	828	734	94
	696	533	163
	744	817	-73
	412	315	97
	661	607	54
	133	145	-12
	1,129	688	441
	510	370	140
	708	654	54
	41,452	25,820	15,632
	446	410	36
	223	205	18
	111	102	9
	2,134	1,301	833
	221	205	16
	1,851	2,115	-264
	12,899	6,174	6,725
	1,992	1,988	4
	326	240	86
	1,906	1,404	502
	344	324	20
	185	182	3
	29,159	23,752	5,407
	31,660	30,480	1,180
	889	819	70
	4,829	4,633	196
	128,185	123,632	4,553
	14,845	12,102	2,743
	4,485	4,071	414
	117	86	31
	70	51	19
	562	550	12
	3,682	3,311	371
	565	355	210
	623	349	274
	723	386	337
	544	433	111
	862	800	62
	1,198	1,163	35
	591	584	7
	68,575	67,743	832
	595	313	282
	983	1,000	-17
	535	258	277
	652	315	337
	752	358	394
	640	301	339
	594	286	308
	622	445	177
	598	428	170
	526	377	149
	520	258	262
	530	258	272
	678	329	349
	555	272	283
	580	286	294
	486	342	144
		1,162	-1,162
	3,060		3,060

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			-21
b			-28
c			3
d			-2,222
e			-202
			157
			57
			-21
			37
			30
			29
			131
			-2
			-305
			11
			-11
			-3
			-1
			0
			-8
			-1
			-331
			-14
			-17
			5
			19
			-3
			26
			-1,477
			17
			164
			59
			34
			78
			-3
			101
			191
			6
			4
			75
			-22
			-17
			44
			-1
			-5
			-6
			29
			-1
			28
			32
			39
			72
			50
			61
			49
			65
			55
			71
			-372
			105
			90
			86
			-11
			-1,485
			-1,708
			-13
			-52
			-24,709
			-89
			-149
			-411
			781
			-323
			-3
			23
			-9
			28
			-173
			30
			0
			-202
			215
			-3,056
			-1
			-135
			-65
			-132
			108
			-812
			-817
			-127
			-147
			-236
			-132
			-179
			-496
			-722
			-107
			-294
			119
			-158
			-225
			-16
			-35
			-184
			20
			27
			597
			1,345
			1,184
			-42
			874
			383
			240
			63
			-49
			416
			-6
			1,376
			22,105
			-1,375
			-1,115
			-8
			-17
			992
			342
			193
			63
			20
			119
			-7
			-30
			55
			-240
			55
			142
			122
			51
			125
			28
			206
			18
			24
			25
			42
			235
			-43
			-2,004
			-1,006
			2,456
			-5,916
			2,252
			-14
			-1
			-7
			1
			-4
			-5
			-1
			0
			2,176
			3
			1
			0
			20
			735
			12
			2
			1
			12
			-106
			9
			3
			2
			40
			118
			99
			2
			2
			-41
			143
			116
			94
			163
			-73
			97
			54
			-12
			441
			140
			54
			15,632
			36
			18
			9
			833
			16
			-264
			6,725
			4
			86
			502
			20
			3
			5,407
			1,180
			70
			196
			4,553
			2,743
			414
			31
			19
			12
			371
			210
			274
			337
			111
			62
			35
			7
			832
			282
			-17
			277
			337
			394
			339
			308
			177
			170
			149
			262
			272
			349
			283
			294
			144
			-1,162
			3,060

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	35,922
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Part V

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

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

1 Reserved

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

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

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

Form 990-PF (2020)

Page 4

Part VI

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

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Reserved................................	1	1,370
c	All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	1,370
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	1,370
6	Credits/Payments:

a	2020 estimated tax payments and 2019 overpayment credited to 2020	6a	6,454
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	6,454
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	5,084
11	Enter the amount of line 10 to be: Credited to 2021 estimated tax5,084	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

N/A

The books are in care of bullet

PATRICIA OLSON Telephone no. bullet

(815) 985-4884

Located at bullet

6428 OLD HUNTERS RUNROCKFORDIL ZIP+4 bullet

61114

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
PATRICIA OLSON	TRUSTEE 1.00	0	0	0
6428 OLD HUNTERS RUN ROCKFORD,IL61114	TRUSTEE 1.00	0	0	0
AMY OLSON	TRUSTEE 1.00	0	0	0
2188 WEMBLEY PLACE ROCKFORD,IL61114	TRUSTEE 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...................

2,600,709

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

137,838

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

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

2,738,547

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

2,738,547

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

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

41,078

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

2,697,469

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

134,873

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

134,873

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

1,370

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

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

1,370

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

133,503

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

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

133,503

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

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

133,503

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 ..........

131,190

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

131,190

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

131,190

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				133,503
2 Undistributed income, if any, as of the end of 2020:
a Enter amount for 2019 only.......			130,737
b Total for prior years:20, 20, 20		0
3 Excess distributions carryover, if any, to 2020:
a From 2015......
b From 2016......
c From 2017......
d From 2018......
e From 2019......
fTotal of lines 3a through e........	0
4Qualifying distributions for 2020 from Part
XII, line 4: $ 131,190
a Applied to 2019, but not more than line 2a			130,737
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.....				453
e Remaining amount distributed out of corpus	0
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	0
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 ..........				133,050
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 ......	0
10 Analysis of line 9:
a Excess from 2016....
b Excess from 2017....
c Excess from 2018....
d Excess from 2019....
e Excess from 2020....

Form 990-PF (2020)

Page 10

Part XIV

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

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

b Check box to indicate whether the organization is a private operating foundation described in 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:

PATRICIA OLSON
6428 OLD HUNTERS RUN
ROCKFORD,IL61114
(815) 985-4884

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

BRIEF DESCRIPTION OF NEED AND INTENDED USE OF SUPPORT

cAny submission deadlines:

NONE

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

PREFERENCE GIVEN TO CHARITIES WITHIN ROCKFORD AREA COMMUNITY

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
BURPEE MUSEUM 711 N MAIN STREET ROCKFORD,IL61103	NONE	PUBLIC	ARTS	10,000
BURPEE MUSEUM 737 N MAIN STREET ROCKFORD,IL61103	NONE	PUBLIC	ARTS	6,600
EAGLE NATURE FOUNDATION 300 E HICKORY STREET APPLE RIVER,IL61001	NONE	PUBLIC	CONSERVATION	550
JUNIOR LEAGUE ROCKFORD 4118 PINECREST ROAD ROCKFORD,IL61107	NONE	PUBLIC	SOCIAL WELFARE	90
JUNIOR LEAGUE ROCKFORD 4118 PINECREST ROAD ROCKFORD,IL61107	NONE	PUBLIC	SOCIAL WELFARE	1,000
KLEHM ARBORETUM 2715 S MAIN STREET ROCKFORD,IL61102	NONE	PUBLIC	CONSERVATION	20,000
KLEHM ARBORETUM 2715 S MAIN STREET ROCKFORD,IL61102	NONE	PUBLIC	CONSERVATION	19,000
LAURENT HOUSE 4646 SPRING BROOK RD ROCKFORD,IL61114	NONE	PUBLIC	ARTS	5,000
LAURENT HOUSE 4646 SPRING BROOK RD ROCKFORD,IL61114	NONE	PUBLIC	ARTS	10,000
LEUKEMIA FOUNDATION 191 WAUKEGAN ROAD-SUITE 105 NORTHFIELD,IL60093	NONE	PUBLIC	MEDICAL RESEARCH	100
NATURAL LAND INSTITUTE 320 S 3RD STREET ROCKFORD,IL61104	NONE	PUBLIC	CONSERVATION	500
RAM 711 N MAIN STREET ROCKFORD,IL61103	NONE	PUBLIC	ARTS	15,000
ROCK HOUSE KIDS 1325 7TH STREET ROCKFORD,IL61104	NONE	PUBLIC	SOCIAL WELFARE	15,000
ROCK HOUSE KIDS 1325 7TH STREET ROCKFORD,IL61104	NONE	PUBLIC	SOCIAL WELFARE	10,000
ROCKFORD DAY NURSERY 2323 S 6TH STREET ROCKFORD,IL61104	NONE	PUBLIC	SOCIAL WELFARE	100
ROCKFORD REGIONAL HEALTH COUNCIL 1601 PARKVIEW AVE ROCKFORD,IL61107	NONE	PUBLIC	SOCIAL WELFARE	500
ROCKFORD UNIVERSITY 5050 E STATE ST ROCKFORD,IL61108	NONE	PUBLIC	EDUCATION	5,000
ROSCRANCE FOUNDATION 1021 N MULFORD RD ROCKFORD,IL61107	NONE	PUBLIC	SOCIAL WELFARE	5,000
SEVERSON DELLS 8766 MONTAGUE RD ROCKFORD,IL61102	NONE	PUBLIC	CONSERVATION	1,500
SHELTER CARE MINISTRIES 218 7TH STREET ROCKFORD,IL61104	NONE	PUBLIC	SOCIAL WELFARE	250
ST ANTHONY'S 1010 FERGUSON STREET ROCKFORD,IL61102	NONE	PUBLIC	RELIGIOUS	1,000
ST ANTHONY'S 1010 FERGUSON STREET ROCKFORD,IL61102	NONE	PUBLIC	RELIGIOUS	1,000
ST PETERS 1243 N CHURCH ST ROCKFORD,IL61103	NONE	PUBLIC	RELIGIOUS	1,000
THE HAVEN NETWORK 124 N WATER ST-SUITE 201 ROCKFORD,IL61107	NONE	PUBLIC	SOCIAL WELFARE	1,500
UNITED WAY 612 N MAIN STREET-300 ROCKFORD,IL61103	NONE	PUBLIC	SOCIAL WELFARE	1,500
Total ................................. 3a				131,190

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	76,943
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	35,922
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		112,865	0

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

112,865

(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 InvestmentsCorpBondsSchedule

Name:

D A O FOUNDATION

EIN:

36-6101712

Name of Bond	End of Year Book Value	End of Year Fair Market Value
WEALTH ADVISORY INVESTMENTS A/C ENDING 3190	469,848	480,962

- TIN:

TY 2020 InvestmentsCorpStockSchedule

Name:

D A O FOUNDATION

EIN:

36-6101712

Name of Stock	End of Year Book Value	End of Year Fair Market Value
WEALTH ADVISORY INVESTMENTS A/C ENDING 3190	1,584,923	2,193,837

- TIN:

TY 2020 InvestmentsOtherSchedule2

Name:

D A O FOUNDATION

EIN:

36-6101712

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
WEALTH ADVISORY INVESTMENTS A/C ENDING 3190	AT COST	219,295	237,270

- TIN:

TY 2020 OtherExpensesSchedule

Name:

D A O FOUNDATION

EIN:

36-6101712

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
STATE FILING FEE	15	0		0

- TIN:

TY 2020 OtherProfessionalFeesSchedule

Name:

D A O FOUNDATION

EIN:

36-6101712

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES	14,287	14,287		0