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
THE POUDRE SAND FUND

Number and street (or P.O. box number if mail is not delivered to street address)CO BALA LAW ONE BALA PLAZA NO 62
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
BALA CYNWYD, PA19004

A Employer identification number

81-3210003

B Telephone number (see instructions)

(610) 624-3391

C If exemption application is pending, check here bullet

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

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

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

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

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

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

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

$4,220,485J 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	41		41
4	Dividends and interest from securities...	127,902		127,902
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		-5,997
b	Gross sales price for all assets on line 6a 1,189,783
7	Capital gain net income (from Part IV, line 2)...			0
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........	121,946		127,943
13	Compensation of officers, directors, trustees, etc.	18,000		7,500	10,500
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........		465	232	233
b	Accounting fees (attach schedule).......		3,186	1,593	1,593
c	Other professional fees (attach schedule)....		29,064	29,064	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		1,163	1,163	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......	452		0	452
22	Printing and publications..........
23	Other expenses (attach schedule).......		152	0	152
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	52,482		39,552	12,930
25	Contributions, gifts, grants paid.......	170,193			170,193
26	Total expenses and disbursements. Add lines 24 and 25	222,675		39,552	183,123
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-100,729
b	Net investment income (if negative, enter -0-)			88,391
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.............	10,109	7,666	7,666
	2	Savings and temporary cash investments.........	194,552	74,129	74,129
	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).......	2,015,779	2,504,689	2,876,490
	c	Investments—corporate bonds (attach schedule).......	796,091	325,701	337,436
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	856,320	859,937	924,764
	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)	3,872,851	3,772,122	4,220,485
	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........	0	0
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	3,872,851	3,772,122
	29	Total net assets or fund balances (see instructions).....	3,872,851	3,772,122
	30	Total liabilities and net assets/fund balances (see instructions).	3,872,851	3,772,122

Part III

Analysis of Changes in Net Assets or Fund Balances

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

3,872,851

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

-100,729

Other increases not included in line 2 (itemize) bullet

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

3,772,122

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 .

3,772,122

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 SECURITIES	P
b	PUBLICLY TRADED SECURITIES	P
c	CLASS ACTION PROCEEDS	P
d	SHORT TERM GAIN	P
e	LONG TERM GAIN	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	118,932	109,985	8,947
b	1,067,879	1,085,795	-17,916
c	4		4
d	90		90
e	31		31
	2,847		2,847

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			8,947
b			-17,916
c			4
d			90
e			31
			2,847

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	-5,997
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	1,229
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	1,229
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	1,229
6	Credits/Payments:

a	2020 estimated tax payments and 2019 overpayment credited to 2020	6a	1,065
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	1,500
d	Backup withholding erroneously withheld ...........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	2,565
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	1,336
11	Enter the amount of line 10 to be: Credited to 2021 estimated tax1,336	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

BALA LAW GROUP Telephone no. bullet

(610) 624-3391

Located at bullet

ONE BALA PLAZA SUITE 623BALA CYNWYDPA ZIP+4 bullet

19004

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-)
DAVID A BRAUN	DIRECTOR/PRESIDENT 5.00	6,000
PO BOX 1643 FORT COLLINS,CO805271643	DIRECTOR/PRESIDENT 5.00	6,000
BETH ELLEN DIXON	DIRECTOR/TREASURER 5.00	6,000
PO BOX 1643 FORT COLLINS,CO805271643	DIRECTOR/TREASURER 5.00	6,000
SAMUEL K BRAUN	DIRECTOR/SECRETARY 5.00	6,000
PO BOX 1643 FORT COLLINS,CO805271643	DIRECTOR/SECRETARY 5.00	6,000

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


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









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

Form 990-PF (2020)

Page 7

Part VIII

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

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

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

Part IX-A

Summary of Direct Charitable Activities

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


2


3


4

Part IX-B

Summary of Program-Related Investments (see instructions)

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


2


All other program-related investments. See instructions.
3

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

Form 990-PF (2020)

Page 8

Part X

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

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

purposes:

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

3,680,774

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

218,728

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

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

3,899,502

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

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

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

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

3,899,502

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

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

58,493

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

3,841,009

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

192,050

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

192,050

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

1,229

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

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

1,229

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

190,821

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

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

190,821

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

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

190,821

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 ..........

183,123

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

183,123

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

183,123

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				190,821
2 Undistributed income, if any, as of the end of 2020:
a Enter amount for 2019 only.......			182,961
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: $ 183,123
a Applied to 2019, but not more than line 2a			182,961
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.....				162
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 ..........				190,659
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 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
ACLU FOUNDATION OF COLORADO 303 E 17TH AVENUE SUITE 350 DENVER,CO80203	NONE	PC	GENERAL	5,000
COLORADO WATER TRUST 1420 OGDEN ST SUITE A2 DENVER,CO80218	NONE	PC	GENERAL	2,500
CROSSROADS SAFEHOUSE PO BOX 993 FORT COLLINS,CO80522	NONE	PC	GENERAL	16,000
DISABLED RESOURCE SERVICES 1017 ROBERTSON ST UNIT B FORT COLLINS,CO80524	NONE	PC	GENERAL	5,000
FOOD BANK FOR LARIMER COUNTY 5706 WRIGHT DRIVE LOVELAND,CO80538	NONE	PC	GENERAL	26,000
GAMBIA RISING 1500 PARK AVE APT PH1503 EMERYVILLE,CA94608	NONE	PC	WEST AFRICA MEDICINE & EDUCATION	6,000
GEORGETOWN LOMBARDI COMPREHENSIVE CANCER CENTER 3300 WHITEHAVEN ST NW SUITE 4000 WASHINGTON,DC20007	NONE	PC	AYA INTEGRATIVE MEDICINE	19,231
HABITAT FOR HUMANITY FORT COLLINS 4001 S TAFT HILL RD FORT COLLINS,CO80526	NONE	PC	GENERAL	21,000
LARIMER COUNTY HUMANE SOCIETY 3501 E 71ST ST LOVELAND,CO80538	NONE	PC	GENERAL	231
LIVE THE VICTORY INC DBA MATTHEWS HOUSE 415 MASON CT FORT COLLINS,CO80524	NONE	PC	GENERAL	5,000
MEALS ON WHEELS FORT COLLINS 1217 E ELIZABETH ST SUITE 11 FORT COLLINS,CO80524	NONE	PC	GENERAL	21,000
MEDICAL DEBT RESOLUTION INC DBA RIP MEDICAL DEBT 80 THEODORE FREMD AVE RYE,NY10580	NONE	PC	GENERAL	20,000
OPERATION BBQ RELIEF 11514 S MCCLINTOCK DR PLEASANT HILL,MO64080	NONE	PC	GENERAL	2,500
REMOTE AREA MEDICAL 2200 STOCK CREEK BLVD ROCKFORD,TN37853	NONE	PC	GENERAL	5,000
ROCKY MOUNTAIN PLANNED PARENTHOOD DBA PLANNED PARENTHOOD OF THE ROCKY MOUNT 7155 E 38TH AVE DENVER,CO80207	NONE	PC	GENERAL	12,500
THE GROWING PROJECT PO BOX 388 FORT COLLINS,CO80522	NONE	PC	GENERAL	731
WE DON'T WASTE 5971 BROADWAY DENVER,CO80216	NONE	PC	GENERAL	2,500
Total ................................. 3a				170,193

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 ...........			14	41
4 Dividends and interest from securities....			14	127,902
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	-5,997
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		121,946	0

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

121,946

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

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

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

Form 990-PF (2020)

Page 13

Part XVII

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

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

Yes

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

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

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

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

If "Yes," complete the following schedule.

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

Sign Here

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

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

Form 990-PF (2020)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2020 AccountingFeesSchedule

Name:

THE POUDRE SAND FUND

EIN:

81-3210003

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING FEES	3,186	1,593		1,593

- TIN:

TY 2020 InvestmentsCorpBondsSchedule

Name:

THE POUDRE SAND FUND

EIN:

81-3210003

Name of Bond	End of Year Book Value	End of Year Fair Market Value
GOLDMAN SACHS CAPITAL II FXD	41,145	42,391
NORDSTROM INC	10,065	10,200
MARRIOTT INTERNATIONAL INC/MD	19,922	20,475
SEGATE HDD CAYMAN	29,717	30,371
GOLDMAN SACHS BDC INC	20,090	20,751
WELLS FARGO & COMPANY	19,997	19,847
BOEING CO	30,372	31,425
DELTA AIR LINES INC	26,885	31,031
GENERAL MOTORS FINANCIAL CO INC	18,039	19,498
BARCLAYS BANK PLC	24,984	24,934
BARCLAYS BANK PLC	35,964	35,956
WESTERN DIGITAL CORP	28,500	30,006
ENABLE MIDSTREAM PARTNERS LP	20,021	20,551

- TIN:

TY 2020 InvestmentsCorpStockSchedule

Name:

THE POUDRE SAND FUND

EIN:

81-3210003

Name of Stock	End of Year Book Value	End of Year Fair Market Value
3M COMPANY (MMM)	80,976	79,005
ABB LTD (ABB)	34,796	41,856
ABBVIE INC COM (ABBV)	40,575	49,289
ALIBABA GROUP HLDG LTD (BABA)	19,815	16,058
ALTRIA GROUP INC (MO)	41,405	30,299
AMGEN INC (AMGN)	28,606	34,488
ANTHEM INC COM (ANTM)	19,277	23,760
APPLE INC (AAPL)	45,992	159,228
AT&T INC (T)	61,621	52,918
BARRICK GOLD CORP (GOLD)	20,658	17,586
BRISTOL MYERS SQUIBB CO (BMY)	60,876	82,003
BRITISH AMER TOB SPON ADR (BTI)	38,181	40,076
BROADCOM INC (AVGO)	45,009	78,813
CATERPILLAR INC (CAT)	77,175	115,218
CHEVRON CORP (CVX)	40,190	29,219
CISCO SYS INC (CSCO)	58,994	67,348
COCA COLA CO (KO)	38,233	43,378
CVS HEALTH CORP COM (CVS)	37,818	40,980
DISCOVER FINCL SVCS (DFS)	38,376	69,527
DOW INC (DOW)	39,391	42,735
EMERSON ELECTRIC CO (EMR)	40,431	52,240
GENERAL MILLS INC (GIS)	41,462	57,271
GILEAD SCIENCE (GILD)	39,612	36,529
GLAXOSMITHKLINE PLC ADR (GSK)	39,351	39,707
GREIF BROS CORP CL B (GEF'B)	40,347	41,655
HEWLETT PACKARD ENTERPRISE (HPE)	38,753	33,108
HP INC COM (HPQ)	35,094	49,180
INTEL CORP (INTC)	39,235	40,254
INTERNATIONAL PAPER CO (IP)	77,009	96,605
INTL BUSINESS MACHINES CORP (IBM)	41,385	35,750
IRON MOUNTAIN INC (IRM)	40,450	36,054
JOHNSON & JOHNSON (JNJ)	39,851	41,548
JPMORGAN CHASE & CO (JPM)	41,349	39,010
L3HARRIS TECHNOLOGIES INC (LHX)	19,735	21,926
LOCKHEED MARTIN CORP (LMT)	39,582	37,627
MARATHON PETROLEUM CORP (MPC)	49,920	35,156
MEDICAL PROPERTIES TRUST INC (MPW)	37,821	43,623
METLIFE INCORPORATED (MET)	37,471	47,419
MICROSOFT CORP (MSFT)	19,237	21,129
NATL FUEL GAS CO (NFG)	39,874	36,112
NEWELL BRANDS INC (NWL)	40,900	42,460
NORDSTROM INC (JWN)	32,957	31,210
OCCIDENTAL PETE CORP WTS (OXY)	847	1,164
OCCIDENTAL PETROLEUM CORP DE (OXY)	52,179	15,336
PEPSICO INC NC (PEP)	41,656	61,544
PFIZER INC (PFE)	39,148	39,828
PHILIP MORRIS INTL INC (PM)	41,172	49,674
PROCTER & GAMBLE (PG)	41,528	79,886
QUALCOMM INC (QCOM)	41,698	106,790
RAYTHEON TECHNOLOGIES CORP (RTX)	41,012	44,407
SANOFI ADR (SNY)	36,297	34,013
SEAGATE TECHNOLOGY PLC (STX)	37,929	50,038
SIMON PPTY GROUP INC (SPG)	29,226	17,056
SPARTANNASH CO (SPTN)	19,874	16,313
STAG INDL INC COM(STAG)	29,936	30,818
TYSON FOODS INC CL A (TSN)	38,161	41,886
VALERO ENERGY CP DELA NEW (VLO)	38,688	28,737
VENTAS INC (VTR)	40,787	41,782
VERIZON COMMUNICATIONS (VZ)	33,714	35,250
VODAFONE GROUP PLC (VOD)	35,671	32,004
WESTERN DIGITAL CORPORATION (WDC)	41,771	28,027
GOLDMAN SACHS GROUP PFD D (GS.D)	83,605	92,580

- TIN:

TY 2020 InvestmentsOtherSchedule2

Name:

THE POUDRE SAND FUND

EIN:

81-3210003

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
SAFRA NATIONAL NEW YORK NY CD	AT COST	49,988	50,848
SAFRA NATL BK NEW YORK CD	AT COST	49,987	50,789
SALLIE MAE BK CD SALT LAKE CITY UT CD	AT COST	49,950	50,886
SALLIE MAE BK CD SALT LAKE CITY UT CD	AT COST	49,850	50,860
GOLDMAN SACHS BK USA NEW YORK CD	AT COST	19,960	20,334
BMW SALT LAKE CITY UT CD	AT COST	39,880	40,663
BMW SALT LAKE CITY UT CD	AT COST	49,850	51,166
GOLDMAN SACHS BK USA NEW YORK CD	AT COST	29,910	31,027
GOLDMAN SACHS NEW YORK NY CD	AT COST	49,850	51,711
INVESCO S&P 500 EQUAL WEIGHT E (RSP)	AT COST	199,130	255,845
INVESCO S&P 500 HIGH DIV LOW V (SPHD)	AT COST	39,924	35,100
ISHARES TRUST ISHARES 5-10 & (IGIB)	AT COST	40,544	41,090
UTILITIES SEL SECT SPDR FUND (XLU)	AT COST	38,695	40,379
VANGUARD INT HIGH DVD YLD IN (VYMI)	AT COST	39,234	39,507
VANGUARD TOTAL BOND MARKET (BND)	AT COST	113,185	114,559

- TIN:

TY 2020 LegalFeesSchedule

Name:

THE POUDRE SAND FUND

EIN:

81-3210003

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
LEGAL FEES	465	232		233

- TIN:

TY 2020 OtherExpensesSchedule

Name:

THE POUDRE SAND FUND

EIN:

81-3210003

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
POSTAGE	130	0		130
SUPPLIES	22	0		22

- TIN:

TY 2020 OtherProfessionalFeesSchedule

Name:

THE POUDRE SAND FUND

EIN:

81-3210003

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT FEES	29,064	29,064		0

- TIN:

TY 2020 TaxesSchedule

Name:

THE POUDRE SAND FUND

EIN:

81-3210003

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAX	1,163	1,163		0