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 Memton Fund Inc
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

13-6096608
B Telephone number (see instructions)

(800) 839-1754
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$14,742,016J 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) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments 3,036 3,036  
4 Dividends and interest from securities... 226,866 226,866  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 795,285
b Gross sales price for all assets on line 6a 3,494,067
7 Capital gain net income (from Part IV, line 2)... 795,285
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 99 99  
12 Total. Add lines 1 through 11........ 1,025,286 1,025,286  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 6,750     6,750
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 9,300 2,700 0 6,600
c Other professional fees (attach schedule).... Click to see attachment 62,938 62,938    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 8,712 462    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 157     157
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 41,439 49   41,390
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 129,296 66,149 0 54,897
25 Contributions, gifts, grants paid....... 597,519 597,519
26 Total expenses and disbursements. Add lines 24 and 25 726,815 66,149 0 652,416
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 298,471
b Net investment income (if negative, enter -0-) 959,137
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.............      
2 Savings and temporary cash investments......... 572,182 1,044,487 1,044,487
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet   7,912    
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)   Click to see attachment273,994 269,997
b Investments—corporate stock (attach schedule)....... 7,929,247 Click to see attachment7,375,505 9,045,958
c Investments—corporate bonds (attach schedule)....... 405,359 Click to see attachment519,185 525,752
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,400,164 Click to see attachment1,400,164 3,855,822
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) 10,314,864 10,613,335 14,742,016
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 10,314,864 10,613,335
29 Total net assets or fund balances (see instructions)..... 10,314,864 10,613,335
30 Total liabilities and net assets/fund balances (see instructions). 10,314,864 10,613,335
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
10,314,864
2
Enter amount from Part I, line 27a .....................
2
298,471
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
10,613,335
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
10,613,335
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
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 3,494,067   2,698,782 795,285
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       795,285
b
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 2 795,285
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 13,332
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  
3 Add lines 1 and 2........................... 3 13,332
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 13,332
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 11,100
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 2,232
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 13,332
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8  
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  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet   RefundedBullet 11  
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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
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)
    bulletNY
    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 ofbulletFoundation Source Telephone no.bullet (800) 839-1754

    Located atbullet501 Silverside Road Suite 123WilmingtonDE ZIP+4bullet198091377
    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
     
    No
    ........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
    Frank B Arisman Dir, Assistant Treas
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Mary Ann Arisman Dir, Assistant Sec
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Elizabeth Drumwright Dir, Sec
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Robert V Edgar Dir
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    E 'Shepi' Shepard Farrar Dir, Pres
    2.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Ellen W Levy Dir
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Ron Levy VP
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Samuel 'Toma' Thomas Milbank Dir
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Samuel L 'Tony' Milbank Treas, Dir
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Thomas L Milbank Dir
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Nathalie Milbank Nolte Dir
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Karen Quackenbush Dir
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Pamela White Dir
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    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
     
    Total number of other employees paid over $50,000...................bullet  
    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
    Fiduciary Trust International Investment MGMT 62,938
    280 PARK AVENUE
    NEW YORK,NY10017
    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)
    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
    8,988,317
    b
    Average of monthly cash balances.......................
    1b
    1,018,804
    c
    Fair market value of all other assets (see instructions)................
    1c
    3,857,919
    d
    Total (add lines 1a, b, and c).........................
    1d
    13,865,040
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    13,865,040
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    207,976
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    13,657,064
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    682,853
    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
    682,853
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    13,332
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    13,332
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    669,521
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    669,521
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    669,521
    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
    652,416
    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
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    652,416
    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
    652,416
    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 7 669,521
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 621,536
    b Total for prior years:2018, 2017, 2016  
    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........  
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 652,416
    a Applied to 2019, but not more than line 2a 621,536
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2020 distributable amount..... 30,880
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020.    
    (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 ..........     		 
    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......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		638,641
    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) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		 
    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.... 0
    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).)
    NONE
    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
    23 ARTS INITIATIVE INC
    PO BOX 203
    TANNERSVILLE,NY12485     		N/A PC General & Unrestricted 4,500
    ACLU FOUNDATION OF MASSACHUSETTS INC
    211 CONGRESS ST
    BOSTON,MA02110     		N/A PC Immigration Protection Project of Western MASSACHUSETTS 1,000
    ACLU FOUNDATION OF TEXAS INC
    PO BOX 8306
    HOUSTON,TX77288     		N/A PC General & Unrestricted 1,500
    ADVOCATES FOR ACADEMIC EXCELLENCE IN EDUCATION INC
    2001 LEON C SIMON DR
    NEW ORLEANS,LA70122     		N/A PC Student Enrichment Fund 1,500
    ALASKA CONSERVATION FOUNDATION
    1227 W 9TH AVE STE 300
    ANCHORAGE,AK99501     		N/A PC General & Unrestricted 8,000
    ALIMA USA INC
    ONE WHITEHALL ST 2ND FL
    NEW YORK,NY10004     		N/A PC General & Unrestricted 12,000
    ALL SOULS CHURCH
    PO BOX 451
    TANNERSVILLE,NY12485     		N/A PC Outreach Fund 500
    AMERICAN CAVE CONSERVATION ASSOCIATION
    119 E MAIN ST
    HORSE CAVE,KY42749     		N/A PC General & Unrestricted 2,000
    ANIMAL WELFARE LEAGUE OF ARLINGTON VA INCORPORATED
    2650 S ARLINGTON MILL DR
    ARLINGTON,VA22206     		N/A PC General & Unrestricted 3,000
    APPLE HILL CENTER FOR CHAMBER MUSIC INC
    PO BOX 217
    SULLIVAN,NH03445     		N/A PC General & Unrestricted 2,000
    BALTIMORE SAFE HAVEN
    416 N MONTFORD AVE
    BALTIMORE,MD21224     		N/A PC General & Unrestricted 5,000
    BARNARD COLLEGE
    3009 BROADWAY
    NEW YORK,NY10027     		N/A PC General & Unrestricted 4,000
    BOUNTY & SOUL
    999 OLD US 70
    BLACK MOUNTAIN,NC28711     		N/A PC General & Unrestricted 3,000
    BUCKLEY SCHOOL IN THE CITY OF NEW YORK
    113 E 73RD ST
    NEW YORK,NY10021     		N/A PC Alumni Fund 500
    CAAHC COMMUNITY OUTREACH SAFEPOINT
    87 BROAD ST
    NEWVILLE,PA17241     		N/A PC General & Unrestricted 3,000
    CASCADE PUBLIC MEDIA
    PO BOX 84109
    SEATTLE,WA98124     		N/A PC General & Unrestricted 1,000
    CHARITIES AID FOUNDATION AMERICA
    225 REINEKERS LN STE 375
    ALEXANDRIA,VA22314     		N/A PC WIRES (Wildlife Information Rescue and Education Service) 21,739
    CHARITIES AID FOUNDATION AMERICA
    225 REINEKERS LN STE 375
    ALEXANDRIA,VA22314     		N/A PC WIRES (Wildlife Information Rescue and Education Service) 17,280
    CHESAPEAKE BAY FOUNDATION INC
    6 HERNDON AVE
    ANNAPOLIS,MD21403     		N/A PC Clagett Farm Program 8,000
    CHESTER COUNTY ART ASSOCIATION
    100 N BRADFORD AVE
    WEST CHESTER,PA19382     		N/A PC General & Unrestricted 5,000
    CHILDRENS COUNCIL OF SAN FRANCISCO
    445 CHURCH ST
    SAN FRANCISCO,CA94114     		N/A PC General & Unrestricted 2,000
    CHILDRENS LAW CENTER OF WASHINGTON PS
    16301 NE 8TH ST STE 201
    BELLEVUE,WA98008     		N/A PC General & Unrestricted 5,000
    CITIZENS COMMITTEE TO SAVE OUR CANYONS
    3690 E FORT UNION BLVD STE 101
    COTTONWOOD HEIGHTS,UT84121     		N/A PC General & Unrestricted 4,250
    COLORADO COLLEGE
    14 E CACHE LA POUDRE ST
    COLORADO SPRINGS,CO80903     		N/A PC needs based Scholarship Fund 2,000
    COLORADO STATE UNIVERSITY FOUNDATION
    PO BOX 1870
    FORT COLLINS,CO80522     		N/A PC Restoring Colorado's Forests Fund 1,500
    COMMUNITY ADOLESCENT RESOURCES AND EDUCATION CENTE
    247 CABOT ST
    HOLYOKE,MA01040     		N/A PC General & Unrestricted 3,000
    COMMUNITY FOUNDATION OF SARASOTA COUNTY INC
    2635 FRUITVILLE RD
    SARASOTA,FL34237     		N/A PC BIG BROTHERS BIG SISTERS OF THE SUN COAST INC: ASSISTANCE TO CHILDREN IN NEED 6,000
    COMMUNITY FOUNDATION OF SARASOTA COUNTY INC
    2635 FRUITVILLE RD
    SARASOTA,FL34237     		N/A PC Boys & Girls Club of Sarasota County 1,000
    COMMUNITY FOUNDATION OF SARASOTA COUNTY INC
    2635 FRUITVILLE RD
    SARASOTA,FL34237     		N/A PC Coastal Conservation Association (CCA) 1,500
    COMMUNITY FOUNDATION OF SARASOTA COUNTY INC
    2635 FRUITVILLE RD
    SARASOTA,FL34237     		N/A PC HONOR SANTUARY INC.: Children's Education Program 5,000
    COMMUNITY FOUNDATION OF SARASOTA COUNTY INC
    2635 FRUITVILLE RD
    SARASOTA,FL34237     		N/A PC Junior League of Sarasota, Inc.: Food Outreach 2,000
    COMMUNITY FOUNDATION OF SARASOTA COUNTY INC
    2635 FRUITVILLE RD
    SARASOTA,FL34237     		N/A PC KIWANIS CLUB OF NORTH MANATEE: child outreach program 2,000
    COMMUNITY FOUNDATION OF SARASOTA COUNTY INC
    2635 FRUITVILLE RD
    SARASOTA,FL34237     		N/A PC LOVE MCKINLEY FOUNDATION 5,000
    COMMUNITY FOUNDATION OF SARASOTA COUNTY INC
    2635 FRUITVILLE RD
    SARASOTA,FL34237     		N/A PC MANATEE COUNTY SHERIFF'S DEPARTMENT: DEPUTIES ASSISTING CITIZENS INITIATIVE 5,000
    COMMUNITY FOUNDATION OF SARASOTA COUNTY INC
    2635 FRUITVILLE RD
    SARASOTA,FL34237     		N/A PC Mote Marine Laboratory: Education programs 5,000
    COMMUNITY FOUNDATION OF SARASOTA COUNTY INC
    2635 FRUITVILLE RD
    SARASOTA,FL34237     		N/A PC SUGAR VOLUNTEERS INC. 2,000
    COMMUNITY FOUNDATION OF SARASOTA COUNTY INC
    2635 FRUITVILLE RD
    SARASOTA,FL34237     		N/A PC The Conservation Foundation of the Gulf Coast: Next gen Conservation 1,500
    COMMUNITY FOUNDATION OF SARASOTA COUNTY INC
    2635 FRUITVILLE RD
    SARASOTA,FL34237     		N/A PC THE FLORIDA SHERIFF'S ASSOCIATION: FLORIDA STATE Youth Ranches 2,500
    COMMUNITY FOUNDATION OF SARASOTA COUNTY INC
    2635 FRUITVILLE RD
    SARASOTA,FL34237     		N/A PC William Monroe Rowlett Academy: OM Project 3,500
    COMMUNITY FOUNDATION OF SARASOTA COUNTY INC
    2635 FRUITVILLE RD
    SARASOTA,FL34237     		N/A PC WILLIAM MONROE ROWLETT ACADEMY: OM, FHF AT RE, FHF RMA, AND RMA LIBRARY PROJECT 10,000
    COVENANT HOUSE
    5 PENN PLZ
    NEW YORK,NY10001     		N/A PC Educational Programs 3,000
    CRIME VICTIMS CENTER OF CHESTER COUNTY INC
    135 W MARKET ST 137
    WEST CHESTER,PA19382     		N/A PC General & Unrestricted 3,000
    CRISIS TEXT LINE INC
    PO BOX 1144
    NEW YORK,NY10159     		N/A PC General & Unrestricted 3,500
    DIVINE ALTERNATIVES FOR DADS SERVICES (DADS)
    5709 RAINIER AVE S
    SEATTLE,WA98118     		N/A PC General & Unrestricted 5,000
    DOWNTOWN EMERGENCY SERVICE CENTER
    515 3RD AVE
    SEATTLE,WA98104     		N/A PC General & Unrestricted 4,000
    ELECTRIC EARTH CONCERTS
    PO BOX 44
    PETERBOROUGH,NH03458     		N/A PC General & Unrestricted 2,000
    END 68 HOURS OF HUNGER
    PO BOX 676
    SOMERSWORTH,NH03878     		N/A PC General & Unrestricted 5,000
    FOOD RUNNERS
    2579 WASHINGTON ST
    SAN FRANCISCO,CA94115     		N/A PC General & Unrestricted 2,000
    FRED HUTCHINSON CANCER RESEARCH CENTER
    1100 FAIRVIEW AVE N PO BOX 19024
    SEATTLE,WA98109     		N/A PC General & Unrestricted 2,000
    FRIENDS ASSOCIATION FOR CARE & PROTECTION OF CHILD
    113 W CHESTNUT ST
    WEST CHESTER,PA19380     		N/A PC General & Unrestricted 3,000
    FRIENDS OF THE WORLD FOOD PROGRAM INC
    1725 EYE ST NW STE 510
    WASHINGTON,DC20006     		N/A PC General & Unrestricted 5,000
    FRIENDS OF THE WORLD FOOD PROGRAM INC
    1725 EYE ST NW STE 510
    WASHINGTON,DC20006     		N/A PC WFP Emergency Response / Relief in Lebanon 3,250
    FUSION PARTNERSHIPS INC
    1601 GUILFORD AVE 2 S
    BALTIMORE,MD21202     		N/A PC Leaders of a Beautiful Struggle Program 8,000
    GIVEDIRECTLY INC
    CHURCH ST STA PO BOX 3221
    NEW YORK,NY10008     		N/A PC General & Unrestricted 1,500
    GIVEDIRECTLY INC
    CHURCH ST STA PO BOX 3221
    NEW YORK,NY10008     		N/A PC COVID-19 Relief 6,750
    GREENWICH VILLAGE SOCIETY FOR HISTORIC PRESERVATIO
    232 E 11TH ST
    NEW YORK,NY10003     		N/A PC educational programs for children & adults 10,000
    HABITAT FOR HUMANITY INTERNATIONAL INC
    121 HABITAT ST
    AMERICUS,GA31709     		N/A PC El Salvador Women's Initiative 20,000
    HEALTHY ENVIRONMENT ALLIANCE OF UTAH
    824 S 400 W STE B-111
    SALT LAKE CITY,UT84101     		N/A PC General & Unrestricted 4,250
    HEIFER INTERNATIONAL FOUNDATION
    1 WORLD AVE
    LITTLE ROCK,AR72202     		N/A PC General & Unrestricted 3,000
    HELPFUL HEARTS COMMUNITY CLOSET INC
    51 SPENCER ST
    LYONS,NY14489     		N/A PC General & Unrestricted 4,000
    HISTORIC HARRISVILLE INC
    PO BOX 79
    HARRISVILLE,NH03450     		N/A PC General & Unrestricted 4,000
    HOLDERNESS SCHOOL
    PO BOX 1879
    PLYMOUTH,NH03264     		N/A PC General & Unrestricted 2,000
    HOOSIER HILLS FOOD BANK INC
    PO BOX 697
    BLOOMINGTON,IN47402     		N/A PC General & Unrestricted 3,000
    HOPALONG ANIMAL RESCUE
    PO BOX 27507
    OAKLAND,CA94602     		N/A PC General & Unrestricted 3,000
    HUNTER FOUNDATION INC
    PO BOX 563
    TANNERSVILLE,NY12485     		N/A PC In support of the Mountain Top Arboretum 1,000
    INSTITUTE OF INTERNATIONAL EDUCATION INC
    ONE WORLD TRADE CENTER
    NEW YORK,NY10007     		N/A PC Scholar Rescue Program 5,000
    INTERNATIONAL ANTI-POACHING FOUNDATION INC
    1655 N FORT MYER DR 700
    ARLINGTON,VA22209     		N/A PC General & Unrestricted 8,000
    INTERNATIONAL CENTER OF PHOTOGRAPHY
    79 ESSEX ST
    NEW YORK,NY10002     		N/A PC General & Unrestricted 18,000
    INTERNATIONAL RESCUE COMMITTEE INC
    PO BOX 6068
    ALBERT LEA,MN56007     		N/A PC General & Unrestricted 3,250
    JOURNEYS IN EDUCATION INC
    26 MAIN ST
    PETERBOROUGH,NH03458     		N/A PC General & Unrestricted 4,000
    LEADERSHIP HART COUNTY
    PO BOX 688
    MUNFORDVILLE,KY42765     		N/A PC General & Unrestricted 1,000
    LISTENERS COMMUNITY RADIO OF UTAH INC KRCL-FM
    1971 W N TEMPLE
    SALT LAKE CTY,UT84116     		N/A PC General & Unrestricted 2,500
    LOCAL MEDIA FOUNDATION
    PO BOX 450
    LAKE CITY,MI49651     		N/A SO I Monadnock Ledger-Transcript - COVID-19 Local News FUND 2,000
    MARY BRIDGE CHILDRENS FOUNDATION
    PO BOX 5296
    TACOMA,WA98415     		N/A PC General & Unrestricted 4,000
    MEDECINS SANS FRONTIERES USA INC - DOCTORS WITHOUT
    PO BOX 5030
    HAGERSTOWN,MD21741     		N/A PC General & Unrestricted 7,500
    MISS PORTERS SCHOOL INC
    60 MAIN ST
    FARMINGTON,CT06032     		N/A PC General & Unrestricted 2,000
    MONADNOCK COMMUNITY HOSPITAL
    452 OLD ST RD
    PETERBOROUGH,NH03458     		N/A PC MCH COVID-19 Fund 2,000
    MONADNOCK MUSIC
    PO BOX 3022
    PETERBOROUGH,NH03458     		N/A PC General & Unrestricted 4,000
    MPT FOUNDATION INC
    11767 OWINGS MILLS BLVD
    OWINGS MILLS,MD21117     		N/A PC General & Unrestricted 3,000
    MULTICARE HEALTH FOUNDATION
    PO BOX 5299
    TACOMA,WA98415     		N/A PC Comfort Therapy Program 3,000
    MY SISTERS CLOSET OF MONROE COUNTY INC
    414 S COLLEGE AVE
    BLOOMINGTON,IN47403     		N/A PC General & Unrestricted 2,000
    NATIONAL COUNCIL FOR BEHAVIORAL HEALTH
    1400 K ST NW STE 400
    WASHINGTON,DC20005     		N/A PC General & Unrestricted 5,000
    NELSON CONGREGATIONAL CHURCH
    830 NELSON RD
    NELSON,NH03457     		N/A PC General & Unrestricted 1,000
    NEW 42ND STREET INC
    229 W 42ND ST 10TH FL
    NEW YORK,NY10036     		N/A PC General & Unrestricted 5,000
    NEW ENGLAND PUBLIC MEDIA INC
    1525 MAIN ST
    SPRINGFIELD,MA01103     		N/A PC General & Unrestricted 1,000
    NEW YORK CITY BALLET INC
    20 LINCOLN CENTER PLZ
    NEW YORK,NY10023     		N/A PC General & Unrestricted 4,000
    NEW YORK PUBLIC RADIO
    160 VARICK ST
    NEW YORK,NY10013     		N/A PC WNCN - THE GREENE SPACE AND WQXR DIVISION 1,000
    OLYMPUS AQUATICS
    1917 E 3780 S
    SALT LAKE CTY,UT84106     		N/A PC General & Unrestricted 5,000
    OLYMPUS AQUATICS
    1917 E 3780 S
    SALT LAKE CTY,UT84106     		N/A PC Scholarship Fund and Community Outreach 5,000
    ONTEORA HISTORIC PRESERVATION TRUST INC
    PO BOX 592
    TANNERSVILLE,NY12485     		N/A PC General & Unrestricted 2,500
    PACIFIC ISLANDERS IN COMMUNICATIONS
    615 PIIKOI ST STE 1504
    HONOLULU,HI96814     		N/A PC Guam and Northern Mariana Islands Programs 3,000
    PACIFIC PUBLIC MEDIA
    930 BROADWAY
    TACOMA,WA98402     		N/A PC KNKX / NPR 1,000
    PEARL S BUCK INTERNATIONAL INC
    520 DUBLIN RD
    PERKASIE,PA18944     		N/A PC Philippines Tutorial Program and Cyber Sexual Abuse and Awareness Prevention for Children and Youth Program 5,000
    PENNSYLVANIA HOME OF THE SPARROW
    969 E SWEDESFORD RD
    EXTON,PA19341     		N/A PC General & Unrestricted 3,000
    PETERBOROUGH PLAYERS INC
    PO BOX 118
    PETERBOROUGH,NH03458     		N/A PC General & Unrestricted 2,000
    PRESIDENT AND TRUSTEES OF BATES COLLEGE
    2 ANDREWS RD
    LEWISTON,ME04240     		N/A PC General & Unrestricted 5,000
    PROJECT HOME
    20 GREEN ACRES RD
    KEENE,NH03431     		N/A PC General & Unrestricted 5,000
    PROJECT MOST INC
    PO BOX 1486
    EAST HAMPTON,NY11937     		N/A PC General & Unrestricted 2,000
    PROJECT ORBIS INTERNATIONAL INC
    520 8TH AVE 12TH FL
    NEW YORK,NY10018     		N/A PC General & Unrestricted 5,000
    REDWOOD EMPIRE FOOD BANK
    3990 BRICKWAY BLVD
    SANTA ROSA,CA95403     		N/A PC General & Unrestricted 3,000
    SAINT JAMES SCHOOL
    3217 W CLEARFIELD ST
    PHILADELPHIA,PA19132     		N/A PC Food and Nutrition Initiative and COVID-19 Efforts 5,000
    SALT LAKE ACTING COMPANY
    168 W 500 N
    SALT LAKE CTY,UT84103     		N/A PC General & Unrestricted 5,000
    SALT LAKE FILM SOCIETY
    111 E BROADWAY STE 99
    SALT LAKE CTY,UT84111     		N/A PC General & Unrestricted 2,500
    SAVE INDIAN FARMERS
    137 COURTS LN
    LITTLE ROCK,AR72223     		N/A PC Manaswini Women's Project 2,500
    SAVE THE CHILDREN FEDERATION INC
    501 KINGS HWY E STE 400
    FAIRFIELD,CT06825     		N/A PC Lebanon relief 2,000
    SEATTLE CHILDRENS HOSPITAL FOUNDATION
    PO BOX 5371 MAIL STOP S-200
    SEATTLE,WA98145     		N/A PC General & Unrestricted 2,000
    SHIPLEY SCHOOL
    814 YARROW ST
    BRYN MAWR,PA19010     		N/A PC Drama Program 500
    SOCIETY FOR FRENCH HISTORICAL STUDIES
    345 BOYER AVE
    WALLA WALLA,WA99362     		N/A PC Farrar Scholarship Fund 2,000
    SOLDIER ON INC
    290 MERRILL RD
    PITTSFIELD,MA01201     		N/A PC support of homeless veterans in Leeds, Massachusetts 2,000
    SOUTHERN POVERTY LAW CENTER INC
    400 WASHINGTON AVE
    MONTGOMERY,AL36104     		N/A PC Teaching Tolerance Project 2,000
    SOUTHERN POVERTY LAW CENTER INC
    400 WASHINGTON AVE
    MONTGOMERY,AL36104     		N/A PC to support reform in the racist criminal justice system 2,000
    SPIRIT OF AMERICA WORLDWIDE
    3033 WILSON BLVD
    ARLINGTON,VA22201     		N/A PC General & Unrestricted 10,000
    TACOMA AREA LITERACY COUNCIL
    PO BOX 7210
    TACOMA,WA98417     		N/A PC General & Unrestricted 3,000
    TANZANIAN CHILDRENS FUND INC
    2 GARDEN ST
    CAMBRIDGE,MA02138     		N/A PC Health Clinic/Medical Program 5,000
    TEAM RUBICON
    214 MAIN ST 354
    EL SEGUNDO,CA90245     		N/A PC General & Unrestricted 22,000
    THE DIAN FOSSEY GORILLA FUND INTERNATIONAL
    800 CHEROKEE AVE SE
    ATLANTA,GA30315     		N/A PC General & Unrestricted 5,000
    THE ROAD HOME
    3380 S 1000 W
    S SALT LAKE,UT84119     		N/A PC General & Unrestricted 7,000
    THEATER PROJECT A NJ NONPROFIT CORPORATION
    676 LEXINGTON RD
    UNION,NJ07083     		N/A PC General & Unrestricted 1,000
    TOMPKINS COUNTY SPCA
    1640 HANSHAW RD
    ITHACA,NY14850     		N/A PC General & Unrestricted 5,000
    TREE NORTHAMPTON INC
    59 REVELL AVE
    NORTHAMPTON,MA01060     		N/A PC General & Unrestricted 3,500
    TREVOR DAY SCHOOL
    312 E 95TH ST
    NEW YORK,NY10128     		N/A PC General & Unrestricted 1,000
    TRINITY COLLEGE
    300 SUMMIT ST
    HARTFORD,CT06106     		N/A PC Annual Fund 500
    TRINITY EPISCOPAL SCHOOLS CORPORATION
    139 W 91ST ST
    NEW YORK,NY10024     		N/A PC General & Unrestricted 1,000
    TRUSTEES OF COLUMBIA UNIVERSITY
    722 W 168TH ST 12TH FL
    NEW YORK,NY10032     		N/A PC the Earth Institute Program 2,000
    TRUSTEES OF DARTMOUTH COLLEGE
    7 LEBANON ST STE 302 6015
    HANOVER,NH03755     		N/A PC Alumni Fund 500
    TRUSTEES OF PRINCETON UNIVERSITY
    PRINCETON UNIVERSITY PO BOX 291
    PRINCETON,NJ08544     		N/A PC General & Unrestricted 10,000
    TRUSTEES OF THE SMITH COLLEGE
    23 ELM ST
    NORTHAMPTON,MA01063     		N/A PC Ada Comstock Scholars Program 1,000
    UNION SETTLEMENT ASSOC
    237 E 104TH ST
    NEW YORK,NY10029     		N/A PC Mental Health Services Program 12,500
    UNITED STATES ARTISTS INC
    980 N MICHIGAN AVE STE 1300
    CHICAGO,IL60611     		N/A PC Artists Relief Fund 5,000
    UNIVERSITY OF UTAH
    201 PRESIDENTS CIR RM 203
    SALT LAKE CTY,UT84112     		N/A PC KUED-TV Division 2,500
    UNIVERSITY OF UTAH
    201 PRESIDENTS CIR RM 203
    SALT LAKE CTY,UT84112     		N/A PC PBS Utah-KUED Division 3,000
    UNIVERSITY OF UTAH
    201 PRESIDENTS CIR RM 203
    SALT LAKE CTY,UT84112     		N/A PC Pioneer Theater Company 4,000
    UNIVERSITY OF UTAH KUER Radio Division
    ECCLES BCAST CTR 101 S WASATCH DR
    SALT LAKE CITY,UT84112     		N/A PC General & Unrestricted 3,000
    UNIVERSITY OF UTAH KUER Radio Division
    ECCLES BCAST CTR 101 S WASATCH DR
    SALT LAKE CITY,UT84112     		N/A PC KUER Radio Program 2,500
    UNIVERSITY OF WASHINGTON FOUNDATION
    1900 COMMERCE ST
    TACOMA,WA98402     		N/A PC Center for Sports Cardiology 3,000
    UTAH GOLF FOUNDATION
    4444 S 700 E
    SALT LAKE CITY,UT84107     		N/A PC Vets on Course and Jr. Golf programs 2,500
    VALLEY CLASSICAL CONCERTS INC
    PO BOX 60424
    FLORENCE,MA01062     		N/A PC General & Unrestricted 1,000
    VERMONT JAZZ CENTER INC
    72 COTTONMILL HILL STE 222
    BRATTLEBORO,VT05301     		N/A PC General & Unrestricted 2,000
    WASATCH HOMELESS HEALTH CARE INC
    409 W 400 S
    SALT LAKE CTY,UT84101     		N/A PC General & Unrestricted 7,000
    WATSON
    4740 TABLE MESA DR
    BOULDER,CO80305     		N/A PC General & Unrestricted 3,500
    WGBH EDUCATIONAL FOUNDATION
    ONE GUEST ST
    BOSTON,MA02135     		N/A PC General & Unrestricted 2,500
    WMHT EDUCATIONAL TELECOMMUNICATIONS INC
    4 GLOBAL VIEW
    TROY,NY12180     		N/A PC General & Unrestricted 1,000
    WNET
    825 8TH AVE
    NEW YORK,NY10019     		N/A PC General & Unrestricted 5,000
    WORLD CENTRAL KITCHEN INCORPORATED
    655 NEW YORK AVE NW 6TH FL
    WASHINGTON,DC20001     		N/A PC General & Unrestricted 5,000
    WORLD CENTRAL KITCHEN INCORPORATED
    655 NEW YORK AVE NW 6TH FL
    WASHINGTON,DC20001     		N/A PC WCK Relief Team in Beirut, Lebanon 3,250
    YOUR PUBLIC RADIO CORPORATION
    2216 N CHARLES ST
    BALTIMORE,MD21218     		N/A PC General & Unrestricted 1,000
    YWCA PIERCE COUNTY
    405 BROADWAY
    TACOMA,WA98402     		N/A PC Domestic Violence Legal Defense Program 3,000
    Total .................................bullet 3a 597,519
    bApproved for future payment
    Total .................................bullet 3b  
    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 ...........     		    14 3,036  
    4 Dividends and interest from securities....     14 226,866  
    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 ............     		    18 795,285  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aCLASS ACTION LAWSUIT PROCEEDS     		    01 99  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   1,025,286  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,025,286
    (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 Memton Fund Inc
    EIN:
    13-6096608
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    GEN. ACCOUNTING & BOOKKEEPING 9,300 2,700   6,600

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2020 DepreciationSchedule
    Name:
    The Memton Fund Inc
    EIN:
    13-6096608
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    The Memton Fund Inc
    EIN:
    13-6096608
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AMAZON COM INC - 3.150% - 08/2 23,040 22,784
    AMERICAN EXPRESS CO - 5.200% - 62,993 62,449
    APPLE INC NOTE - 2.400% - 05/0 30,982 31,453
    CITIGROUP INC - 4.000% - 08/05 22,150 22,197
    COCA COLA CO - 2.125% - 09/06/ 52,567 53,458
    DISNEY WALT CO - 2.000% - 09/0 41,900 41,735
    GOLDMAN SACHS GROUP PERP - 5.0 120,697 125,899
    JPMORGAN CHASE - 5.419% - 12/3 33,075 34,429
    JPMORGAN CHASE - 7.900% - 12/3 61,795 61,873
    MORGAN STANLEY FXD FLTG - 5.45 69,986 69,475

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    The Memton Fund Inc
    EIN:
    13-6096608
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBVIE INC 75,803 115,936
    ACCENTURE PLC 20,676 44,406
    ACTIVISION BLIZZARD INC 34,525 38,811
    ADIDAS-SALOMON AG OR OTC 18,312 27,287
    AERCAP HOLDING N.V 25,019 21,468
    ALPHABET INC CL A 26,908 54,332
    ALPHABET INC CL C 56,551 148,909
    AMAZON COM 29,933 188,901
    AMERICAN CAPITAL AGENCY CORP 51,084 50,279
    AMGEN INC 8,791 22,992
    ANALOG DEVICES INC 17,289 37,671
    ANNALY CAPITAL MANAGEMENT INC 50,059 48,228
    ANTHEM INC 35,556 44,632
    AON PLC CL A 60,223 87,255
    APPLE INC 3,038 61,037
    BANK OF AMERICA CORPORATION DE 43,780 49,240
    BERKSHIRE HATHAWAY INC. CLASS 74,845 94,603
    BLACKLINE INC 15,198 48,017
    CAPITAL ONE FINANCIAL CORP 17,401 25,306
    CHARTER COMMUNICATIONS, INC 12,216 31,093
    CITIGROUP INC 72,739 79,048
    COGNEX CORPORATION 16,987 36,131
    COMCAST CORP 121,151 178,473
    CROWN CASTLE INTL 50,904 70,362
    CUMMINS INC 27,062 28,388
    DIAGEO PLC ADS 50,492 51,613
    DISH NETWORK CORPORATION 31,578 30,626
    ECOLAB INC 26,344 27,045
    EDWARDS LIFESCIENCES 25,623 29,650
    FACEBOOK INC 92,805 146,141
    FISERV INC 18,592 25,619
    GENERAL ELECTRIC CO 66,630 82,156
    GENERAL MOTORS 33,640 39,350
    GMAC CAPITAL TRUST I - 8.125% 17,296 18,259
    GOLDMAN SACHS GROUP 62,254 83,860
    HDFC BANK LTD ADR 32,530 49,498
    HILTON WORLDWIDE HOLDINGS, INC 41,144 55,074
    HOME DEPOT INC 42,734 57,640
    INTEL CORP 24,108 31,387
    INTUIT 17,306 55,078
    JOHNSON & JOHNSON 57,567 64,368
    JP MORGAN CHASE 78,938 108,137
    KEYENCE CORP (JPY) 50 14,069 56,172
    L'OREAL CO ACT 26,424 28,478
    LIBERTY BROADBAND CORPORATION 32,275 63,823
    LOCKHEED MARTIN CORP 57,748 63,896
    LVMH-MOET HNSY L VUTN 27,388 31,208
    LYONDELLBASELL INDUSTRIES NV 9,646 19,982
    MARRIOTT INTERNATIONAL INC. CL 65,311 92,212
    MICROSOFT CORP 28,863 197,953
    MORGAN STANLEY 32,863 48,999
    NESTLE S.A 25,450 35,929
    NETFLIX INC 27,189 50,288
    NVIDIA CORP 7,165 31,332
    OSTERWEIS FUND 1,577,948 1,469,537
    OSTERWEIS STRATEGIC INCOME FUN 2,054,925 2,067,624
    PAYPAL HOLDINGS, INC 37,773 48,948
    PIMCO INCOME FUND 921,295 924,620
    POOL CORP 21,678 40,975
    PROGRESSIVE CORP OHIO 18,759 26,203
    ROCHE HOLDING LTD ADR 21,968 21,920
    ROKU INC 15,798 60,428
    ROSS STORES, INC 19,831 35,615
    SHERWIN-WILLIAMS CO 21,706 62,467
    STARBUCKS CORP COM 37,219 50,709
    SYNCHRONY FINL DR REP PFD 43,410 51,264
    TAIWAN SEMICONDUCTOR MFG CO LT 47,468 59,863
    TENCENT HOLDINGS LTD 16,227 50,926
    TEXAS INSTRUMENTS INC 64,260 82,886
    THERMO FISHER SCIENTIFIC INC 12,846 44,249
    TJX COMPANIES INC 36,422 48,144
    UNION PACIFIC 18,135 38,521
    UNITEDHEALTH GROUP INC 7,279 71,188
    VERIZON COMMUNICATIONS 54,816 57,516
    VISA INC 55,605 94,273
    WABTEC 15,320 17,056
    WAL-MART STORES INC 16,986 32,145
    WALT DISNEY HOLDINGS CO 46,870 100,374
    WELLS FARGO & CO 93,785 81,094
    WOODWARD INC 13,139 16,407
    YETI HOLDINGS, INC. 22,479 45,190
    ZOETIS INC 21,536 37,238

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    The Memton Fund Inc
    EIN:
    13-6096608
    US Government Securities - End of Year Book Value:

    273,994
    US Government Securities - End of Year Fair Market Value:

    269,997
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2020 InvestmentsOtherSchedule2
    Name:
    The Memton Fund Inc
    EIN:
    13-6096608
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    COOPER SQUARE OFFSHORE FUND, L   895,660 1,245,892
    SEG PARTNERS OFFSHORE, LTD   504,504 2,609,930

    TY 2020 OtherExpensesSchedule
    Name:
    The Memton Fund Inc
    EIN:
    13-6096608
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 39,875     39,875
    Bank Charges 49 49    
    Foundation Dues & Memberships 765     765
    State or Local Filing Fees 750     750


    TY 2020 OtherIncomeSchedule2
    Name:
    The Memton Fund Inc
    EIN:
    13-6096608
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Class Action Lawsuit Proceeds 99 99  


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    The Memton Fund Inc
    EIN:
    13-6096608
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 62,938 62,938    


    TY 2020 TaxesSchedule
    Name:
    The Memton Fund Inc
    EIN:
    13-6096608
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2020 8,000      
    Foreign Tax Paid 462 462    
    STATE INCOME TAX 2019 250