Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo 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 GIBSON FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)89 CASCADE KEY
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BELLEVUE, WA98006
A Employer identification number

61-1584784
B Telephone number (see instructions)

(425) 641-4455
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$4,790,860J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I 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 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 97,055 97,055  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 45,014
b Gross sales price for all assets on line 6a 965,393
7 Capital gain net income (from Part IV, line 2)... 45,014
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)....... Click to see attachment 3,235 3,235  
12 Total. Add lines 1 through 11........ 145,304 145,304  
Operating and Administrative Expenses 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)......... Click to see attachment 490 0   490
b Accounting fees (attach schedule)....... Click to see attachment 3,714 743   2,971
c Other professional fees (attach schedule).... Click to see attachment 39,404 39,404   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 2,864 584   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 25 0   25
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 46,497 40,731   3,486
25 Contributions, gifts, grants paid....... 254,500 254,500
26 Total expenses and disbursements. Add lines 24 and 25 300,997 40,731   257,986
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -155,693
b Net investment income (if negative, enter -0-) 104,573
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 Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 233,206 87,114 87,114
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
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) bullet  
Less: allowance for doubtful accounts bullet        
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)....... 2,053,858 Click to see attachment1,980,006 3,550,769
c Investments—corporate bonds (attach schedule)....... 1,021,351 Click to see attachment1,085,602 1,152,977
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,308,415 3,152,722 4,790,860
Liabilities 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 bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
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 bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 3,308,415 3,152,722
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)..... 3,308,415 3,152,722
30 Total liabilities and net assets/fund balances (see instructions). 3,308,415 3,152,722
Part III
Analysis of Changes in Net Assets or Fund Balances
1
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) ...............
1
3,308,415
2
Enter amount from Part I, line 27a .....................
2
-155,693
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
3,152,722
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
3,152,722
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES      
b CAPITAL GAINS      
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 965,393   947,272 18,121
b       26,893
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       18,121
b       26,893
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 45,014
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 ................... 		Bracket 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
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
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 Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 1,454
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 1,454
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 1,454
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 2,280
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 2,280
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.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 826
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet826 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
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.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
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
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
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....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
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?................
    6
    Yes
     
    7
    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..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletWA
    b
    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 .
    8b
    Yes
     
    9
    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 .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    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 .............
    11
     
    No
    12
    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.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletBURKE GIBSON Telephone no.bullet (425) 641-4455

    Located atbullet89 CASCADE KEYBELLEVUEWA ZIP+4bullet98006
    15
    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
    15
     
    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
    No
    1a
    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?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (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)?...............
    (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.).......
    b
    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 ........
    1b
     
     
    ........bullet
    c
    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?.............
    1c
     
    No
    2
    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)):
    a
    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?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    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.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    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.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    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?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    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 ......
    5b
     
     
    .........bullet
    c
    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?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    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? .................
    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
    BURKE F GIBSON PRESIDENT
    1.00     		0 0 0
    89 CASCADE KEY
    BELLEVUE,WA98006
    DOLORES M GIBSON VICE-PRESIDENT
    1.00     		0 0 0
    89 CASCADE KEY
    BELLEVUE,WA98006
    SCOTT S GIBSON TREASURER
    1.00     		0 0 0
    89 CASCADE KEY
    BELLEVUE,WA98006
    BRUCE F GIBSON SECRETARY
    1.00     		0 0 0
    89 CASCADE KEY
    BELLEVUE,WA98006
    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...................bullet 0
    Form 990-PF (2020)
    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.............bullet0
    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.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    4,217,924
    b
    Average of monthly cash balances.......................
    1b
    161,030
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    4,378,954
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    4,378,954
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    65,684
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    4,313,270
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    215,664
    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.)
    1
    Minimum investment return from Part X, line 6....................
    1
    215,664
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    1,454
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,454
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    214,210
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    214,210
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    214,210
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    257,986
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    257,986
    5
    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.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    257,986
    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)
    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 7 214,210
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 254,422
    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: bullet$ 257,986
    a Applied to 2019, but not more than line 2a 254,422
    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..... 3,564
    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 ..........     		210,646
    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)
    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 section or
    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
             
    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).)
    BURKE F GIBSON
    SCOTT S GIBSON
    BRUCE F GIBSON
    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
    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)
    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)
    aPaid during the year
    ALZHEIMERS DISEASE ASSOCIATION
    225 N MICHIGAN AVE
    CHICAGO,IL606017652     		NONE PC GENERAL OPERATING 10,000
    AMARA PARENTING AND ADOPTION SERVICE
    5907 MARTIN LUTHER KING JR WAY S
    SEATTLE,WA981182625     		NONE PC GENERAL OPERATING 10,000
    AMERICAN CANCER SOCIETY
    250 WILIAMS ST
    ATLANTA,GA303031032     		NONE PC GENERAL OPERATING 8,000
    AMERICAN HEART ASSOCIATION
    7272 GREENVILLE AVE
    DALLAS,TX752315129     		NONE PC GENERAL OPERATING 10,000
    AMERICAN LUNG ASSOCIATION
    21 EST 38TH ST
    NEW YORK,NY100182254     		NONE PC GENERAL OPERATING 5,000
    AMERICAN NATIONAL RED CROSS
    431 18TH ST NW
    WASHINGTON,DC200065310     		NONE PC GENERAL OPERATING 5,000
    AMERICANS FOR TAX REFORM FOUNDATION
    722 12TH STREET NW
    WASHINGTON,DC200053957     		NONE PC GENERAL OPERATING 4,000
    CAMP KOREY
    19031 33RD AVE
    LYNNWOOD,WA980364731     		NONE PC GENERAL OPERATING 10,000
    EDCHOICE INC
    111 MONUMENT CIR
    INDIANAPOLIS,IN462045102     		NONE PC GENERAL OPERATING 4,000
    EVERGREEN FREEDOM FOUNDATION
    PO BOX 552
    OLYMPIA,WA985070552     		NONE PC GENERAL OPERATING 5,000
    FISHER HOUSE JBLM
    90700 GARDENER LOOP
    JB LEWISMCCHORD,WA98431     		NONE PC GENERAL OPERATING 2,000
    FRED HUTCHINSON CANCER RESEARCH CENTER
    1100 FAIRVIEW AVE N
    SEATTLE,WA981094433     		NONE PC GENERAL OPERATING 10,000
    HOLT INTERNATIONAL
    250 COUNTRY CLUB RD
    EUGENE,OR97401     		NONE PC GENERAL OPERATING 7,000
    HOPELINK
    PO BOX 3577
    REDMOND,WA98073     		NONE PC GENERAL OPERATING 8,000
    HUMANE SOCIETY FOR SEATTLE
    13212 SE EASTGATE WAY
    BELLEVUE,WA98005     		NONE PC GENERAL OPERATING 5,000
    HUMANE SOCIETY FOR MASON COUNTY
    PO BOX 168
    BELFAIR,WA98528     		NONE PC GENERAL OPERATING 2,000
    JUDICIAL WATCH INC
    425 3RD ST SW
    WASHINGTON,DC200243232     		NONE PC GENERAL OPERATING 10,000
    KINDERING CENTER
    16120 NE 8TH STREET
    BELLEVUE,WA98008     		NONE PC GENERAL OPERATING 2,000
    MARY'S PLACE SEATTLE
    PO BOX 1711
    SEATTLE,WA98111     		NONE PC GENERAL OPERATING 4,000
    MEMORIAL SLOAN-KETTERING CANCER CENTER
    1275 YORK AVE
    NEW YORK,NY100656007     		NONE PC GENERAL OPERATING 4,000
    NATIONAL MULTIPLE SCLEROSIS SOCIETY
    733 THIRD AVE
    NEW YORK,NY100173211     		NONE PC GENERAL OPERATING 5,000
    NORTHWEST HARVEST
    PO BOX 12272
    SEATTLE,WA98102     		NONE PC GENERAL OPERATING 8,000
    OPERATION SMILE
    3641 FACULTY BLVD
    VIRGINIA BEACH,VA234538000     		NONE PC GENERAL OPERATING 10,000
    OVERLAKE SCHOOL
    20301 NE 108TH ST
    REDMOND,WA980537437     		NONE PC GENERAL OPERATING 7,000
    PASADOS SAFE HAVEN
    PO BOX 171
    SULTAN,WA98294     		NONE PC GENERAL OPERATING 3,000
    PROSTATE CANCER FOUNDATION
    1250 4TH STREET
    SANTA MONICA,CA904011366     		NONE PC GENERAL OPERATING 10,000
    RAINIER SCHOLARS
    2100 24TH AVE S
    SEATTLE,WA981444646     		NONE PC GENERAL OPERATING 7,500
    ROOTS YOUNG ADULT SHELTER
    4541 19TH AVE NE
    SEATTLE,WA98105     		NONE PC GENERAL OPERATING 5,000
    RYTHER CHILD CENTER INC
    14847 FREMONT AVE N
    SHORELINE,WA98133     		NONE PC GENERAL OPERATING 5,000
    SALVATION ARMY
    615 SLATERS LN
    ALEXANDRIA,VA223141112     		NONE PC GENERAL OPERATING 10,000
    SEATTLE CHILDREN'S FOUNDATION
    PO BOX 5371
    SEATTLE,WA981455005     		NONE PC GENERAL OPERATING 10,000
    SEATTLE GOODWILL INDUSTRIES
    700 DEARBORN PL S
    SEATTLE,WA981442736     		NONE PC GENERAL OPERATING 3,500
    SEATTLE UNION GOSPEL MISSION
    PO BOX 202
    SEATTLE,WA981110202     		NONE PC GENERAL OPERATING 3,000
    ST MONICA'S SCHOOL
    4320 87TH AVE SE
    MERCER ISLAND,WA98040     		NONE PC GENERAL OPERATING 2,500
    ST JUDES CHILDRENS RESEARCH HOSPITAL
    501 DANNY THOMAS PLACE
    MEMPHIS,TN38105     		NONE PC GENERAL OPERATING 4,000
    SUSAN G KOMEN BREAST CANCER FOUNDATION
    5005 LBJ FWY
    DALLAS,TX752446169     		NONE PC GENERAL OPERATING 6,000
    TREEHOUSE FUND
    2100 24TH AVE S SUITE 200
    SEATTLE,WA98144     		NONE PC GENERAL OPERATING 5,000
    MISSIONARY SERVANTS MOST HOLY TRINITY
    9001 NEW HAMPSHIRE AVE
    SILVER SPRINGS,MD209033626     		NONE PC GENERAL OPERATING 2,000
    WESTMINSTER COLLEGE
    1840 S 1300 E
    SALT LAKE CITY,UT841053617     		NONE PC GENERAL OPERATING 5,000
    WOUNDED WARRIOR PROJECT INC
    4899 BELFORT RD
    JACKSONVILLE,FL322566033     		NONE PC GENERAL OPERATING 5,000
    YOUNG AMERICA'S FOUNDATION
    11480 COMMERCE PARK DR
    RESTON,VA201911556     		NONE PC GENERAL OPERATING 2,000
    YOUTH EASTSIDE SERVICES
    999 164TH AVE NE
    BELLEVUE,WA98008     		NONE PC GENERAL OPERATING 6,000
    YOUTHCARE
    2500 NE 54TH STREET
    SEATTLE,WA98105     		NONE PC GENERAL OPERATING 5,000
    Total .................................bullet 3a 254,500
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    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
    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 97,055  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....     14 3,235  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 45,014  
    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).. 0 145,304 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    145,304
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		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)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    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
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    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
    2a
    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? ...........
    b
    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.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    THE GIBSON FAMILY FOUNDATION
    EIN:
    61-1584784
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 3,714 743   2,971

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    THE GIBSON FAMILY FOUNDATION
    EIN:
    61-1584784
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AT&T INC 73,445 84,983
    CITIGROUP INC 99,338 104,268
    COHEN & STEERS PFD SECS & INCOME 95,714 102,730
    COLUMBIA FUNDS SERIES TRUST I- 67,393 71,956
    EATON VANCE INCOME FUND BOSTON 98,301 101,825
    JANUS FLEXIBLE BD 100,000 102,885
    JPMORGAN CHASE & CO 102,762 102,560
    JPMORGAN CHASE & CO 65,157 65,663
    MORGAN STANLEY 135,107 157,059
    PIMCO INCOME FUND 248,385 251,681
    ACCRUED INCOME - CORPORATE BONDS 0 7,367

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    THE GIBSON FAMILY FOUNDATION
    EIN:
    61-1584784
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABS 10,556 13,577
    ABIOMED INC 4,976 7,132
    ACCENTRURE PLC 4,647 7,836
    ACTIVISION BLIZZARD INC 4,670 8,635
    ADOBE INC 58,341 105,525
    ALIBABA GROUP HLDG LTD 4,596 11,171
    ALIGN TECHNOLOGY INC 4,455 11,222
    ALLSTATE CORP 8,237 8,794
    ALPHABET INC 3,639 10,516
    ALTRIA GROUP INC 31,570 35,465
    AMAZON COM INC 5,051 32,569
    AMEREN CORP 2,867 3,903
    AMERICAN ELEC PWR INC 2,125 4,330
    ANALOG DEVICES INC 5,955 7,534
    APPLE INC 5,032 32,509
    APPLIED MATLS INC 4,371 8,112
    APTIV PLC 6,678 13,550
    ASAHI GROUP HLDGS LTD 7,869 6,741
    ASML HOLDINGS NV 6,001 9,754
    AT&T INC 4,419 3,681
    ATLAS COPCO AB 4,468 5,486
    ATLASSIAN CORP PLC 2,903 4,677
    AUTOMATIC DATA PROCESSING INC 1,028 5,815
    AVALONBAY CMNTYS INC 2,731 1,925
    AVERY DENNISON CORP 2,412 2,947
    BAXTER INTL INC 2,850 3,450
    BERKSHIRE HATHAWAY INC DEL 4,343 9,043
    BEST BUY 2,398 2,295
    BIOMARIN PHARMACEUTICAL INC 3,429 3,420
    BLACKROCK INC 8,841 18,760
    BLACKSTONE GROUP INC 5,284 5,638
    BOOKING HLDGS INC 3,826 13,364
    BOSTON SCIENTIFIC CORP 6,413 8,089
    BP P L C 65,955 40,732
    BRISTOL MYERS SQUIBB CO 13,840 16,376
    BROADCOM INC 45,517 75,310
    CHECK POINT SOFTWARE TECH LTD 19,555 32,563
    CHEVRON CORP 20,309 15,285
    CHUBB LTD 5,120 9,235
    CISCO SYS INC 7,316 12,530
    CITIGROUP INC 8,441 10,297
    CITRIX SYS INC 2,927 2,862
    CLEARBRIDGE SMALL CAP GROWTH 54,571 100,307
    CME GROUP INC 2,587 6,190
    CMS ENERGY CORP 1,120 3,173
    COLUMBIA CONTRARIAN CORE FUND 95,386 185,135
    COLUMBIA EMERGING MARKETS FUND 57,509 87,407
    COLUMBIA GLOBAL TECHNOLOGY 25,000 84,607
    COMCAST CORP 7,878 14,829
    CONOCOPHILLIPS 4,543 2,759
    COSTAR GROUP INC 2,695 4,621
    COSTCO WHSL CORP NEW 8,318 9,796
    CROWN CASTLE INTL CORP 1,849 3,502
    CUMMINS INC 3,044 4,315
    DASSAULT SYSTEMES 2,543 8,742
    DBS GROUP HLDGS 7,961 7,863
    DEERE & CO 3,325 5,381
    DELAWARE EMERGING MKTS FUND 62,728 100,786
    DIAGEO PLC 4,117 6,035
    DIGITAL RLTY TR INC 4,686 6,138
    DISNEY WALT CO 3,914 7,247
    DTE ENERGY CO 2,033 2,792
    DUKE ENERGY CORP 1,525 1,557
    DWS GLOBAL INFRASTRUCTURE 50,000 58,407
    EATON CORP PLC 3,797 4,806
    EBAY INC 5,498 6,080
    EDWARDS LIFESCIENCES CORP 1,928 6,842
    EOG RES INC 2,970 2,843
    EVENTIDE HEALTHCARE & LIFE 70,000 113,670
    EVERSOURCE ENERGY 2,223 3,893
    EXACT SCIENCES CORP 5,048 9,672
    EXTRA SPACE STORAGE INC 2,543 3,128
    FACEBOOK INC 11,457 24,311
    FANUC CORP 8,587 11,545
    FIDELITY NATL INFORMATION SVCS 3,641 3,819
    FORTIVE CORP 2,977 3,895
    FREEPORT-MCMORAN INC 4,314 5,620
    GILEAD SCIENCES INC 2,838 2,272
    HERSHEY CO 2,082 3,047
    HILL ROM HLDGS INC 5,148 4,899
    HOME DEPOT INC 26,864 60,030
    HONEYWELL INTL INC 2,480 12,337
    IDEX CORP 14,528 20,916
    IDEXX LABS INC 3,723 10,497
    ILLUMINA INC 3,273 8,510
    INTERCONTINENTAL EXCHANGE INC 3,831 4,727
    INTERNATIONAL BUSINESS MACHS 12,185 10,826
    INTUIT 7,688 10,256
    INVESCO FTSE RAFI US 1500 SMALL- 30,213 77,734
    ISHARES MSCI EAFE GROWTH ETF 31,890 37,841
    ISHARES S&P MIDCAP 400 GROWTH 49,822 128,552
    ISHARES TR S & P GLOBAL INFO 34,717 94,516
    J P MORGAN CHASE & CO 7,648 22,618
    JOHN HANCOCK FDS III DISCIPLINED 75,649 105,536
    JOHNSON & JOHNSON 7,675 19,358
    KEYENCE CORP 1,706 12,359
    KIMBERLY CLARK CORP 3,396 5,258
    KLA-TENCOR CORP 3,741 9,580
    LAM RESEARCH CORP 3,633 11,807
    LAUDER ESTEE COS INC 4,649 5,590
    LILLY ELI & CO 4,277 8,273
    LOCKHEED MARTIN CORP 7,512 12,069
    LVMH MOET HENNESSY LOUIS VUITTON 7,402 14,628
    MARSH & MCLENNAN COS INC 2,646 9,009
    MASTERCARD INC 2,281 14,278
    MATCH GROUP INC NEW 4,710 6,199
    MCDONALDS CORP 1,581 4,935
    MEDTRONIC PLC 6,021 8,200
    MERCK & CO INC 22,152 34,111
    MICROSOFT CORP 10,206 32,251
    MONDELEZ INTL INC 2,477 3,333
    MSCI INC 3,379 9,824
    NESTLE SA 6,385 6,723
    NEW ORIENTAL ED & TECHNOLOGY 5,371 12,078
    NEXTERA ENERGY INC 9,415 18,516
    NIDEC CORP 1,995 14,458
    NIKE INC 5,559 14,288
    NORTHERN TR CORP 6,199 6,240
    NORTHROP GRUMMAN CORP 4,145 3,657
    NVIDIA CORP 22,443 106,529
    NXP SEMICONDUCTORS NV 4,107 4,452
    PACKAGING CORP AMER 1,948 2,482
    PALO ALTO NETWORKS INC 16,630 46,201
    PARKER HANNIFIN CORP 1,084 5,448
    PAYPAL HOLDINGS INC 9,778 27,401
    PEPSICO INC 5,262 8,157
    PHILIP MORRIS INTL INC 2,999 5,713
    PHILLIPS 66 2,650 2,728
    PINNACLE WEST CAP CORP 1,485 1,519
    PNC FINL SVCS GROUP INC 5,151 11,771
    PRICE T ROWE GROUP INC 3,003 6,358
    PRINCIPAL MIDCAP BLEND FUND 65,000 93,543
    PROCTER & GAMBLE CO 12,972 19,340
    REPLIGEN CORP 4,185 5,174
    ROCHE HLDGS AG-GENUSSCHEIN 6,133 8,390
    ROCKWELL AUTOMATION INC 19,771 32,605
    ROKU INC 1,625 3,652
    S&P GLOBAL INC 3,466 3,287
    SALESFORCE COM INC 31,957 107,705
    SAREPTA THERAPEUTICS INC 4,455 5,967
    SERVICENOW INC 17,463 47,887
    SHERWIN WILLIAMS CO 5,220 7,349
    SHOPIFY 4,640 5,660
    SONOCO PRODS CO 2,255 2,785
    SPLUNK INC 3,523 9,004
    SQUARE INC 2,648 8,488
    TAIWAN SEMICONDUCTOR MFG LTD 5,382 10,032
    TARGET CORP 8,415 13,946
    TE CONNECTIVITY LTD SWITZERLAND 2,610 3,632
    TELADOC HEALTH INC 23,628 42,991
    TENCENT HOLDINGS LTD 3,611 13,820
    TEXAS INSTRS INC 2,666 12,966
    TRANE TECH PUB LTD CO 8,670 16,258
    TRANSUNION 5,019 5,854
    UBER TECHNOLOGIES INC 3,132 5,916
    UNION PAC CORP 8,354 15,408
    UNITED PARCEL SVC INC 3,552 5,557
    UNITEDHEALTH GROUP INC 15,278 26,301
    US BANCORP DEL 7,798 10,390
    VANGUARD SMALL-CAP ETF 22,044 77,872
    VERIZON COMMUNICATIONS INC 47,759 56,753
    VISA INC 4,950 13,124
    WALMART INC 3,600 7,063
    WASTE MGMT INC DEL 1,798 6,486
    WEC ENERGY GROUP INC 2,095 4,694
    XCEL ENERGY INC 3,229 4,467
    NEUBERGER BERMAN LONG SHORT FUND 44,355 52,362
    PIMCO GLOBAL MULTI-ASSET FUND 50,000 54,538
    ETFS PHYSICAL PALLADIUM SHS ETF 28,840 32,139
    ACCRUED INCOME - CORPORATE STOCK 0 2,101

    TY 2020 LegalFeesSchedule
    Name:
    THE GIBSON FAMILY FOUNDATION
    EIN:
    61-1584784
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 490 0   490


    TY 2020 OtherExpensesSchedule
    Name:
    THE GIBSON FAMILY FOUNDATION
    EIN:
    61-1584784
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    WA SECRETARY OF STATE - CHARITABLE TRUST RENEWAL 25 0   25


    TY 2020 OtherIncomeSchedule2
    Name:
    THE GIBSON FAMILY FOUNDATION
    EIN:
    61-1584784
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    MISCELLANEOUS INCOME 3,235 3,235 3,235


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    THE GIBSON FAMILY FOUNDATION
    EIN:
    61-1584784
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 39,404 39,404   0


    TY 2020 TaxesSchedule
    Name:
    THE GIBSON FAMILY FOUNDATION
    EIN:
    61-1584784
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAXES 2,280 0   0
    FOREIGN TAXES 584 584   0