Form990-PF
Click to see attachment

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 Ajana Foundation
 
% 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

13-7299038
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$24,557,092J 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) 5,000,007
2 Check bullet.............
3 Interest on savings and temporary cash investments 706 706  
4 Dividends and interest from securities... 310,775 310,775  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 255,309
b Gross sales price for all assets on line 6a 3,515,020
7 Capital gain net income (from Part IV, line 2)... 320,353
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 1 1  
12 Total. Add lines 1 through 11........ 5,566,798 631,835  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 142,100 115,572   26,528
17 Interest............... 4,004 4,004    
18 Taxes (attach schedule) (see instructions)... Click to see attachment 129,036 64,605    
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 45,759 11,450   34,302
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 320,899 195,631   60,830
25 Contributions, gifts, grants paid....... 285,000 285,000
26 Total expenses and disbursements. Add lines 24 and 25 605,899 195,631   345,830
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 4,960,899
b Net investment income (if negative, enter -0-) 436,204
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......... 200,301 1,020,327 1,020,327
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) 109,251 Click to see attachment931,598 944,823
b Investments—corporate stock (attach schedule)....... 11,770,063 Click to see attachment13,423,296 19,677,497
c Investments—corporate bonds (attach schedule)....... 281,024 Click to see attachment1,239,021 1,279,476
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 500,000 Click to see attachment1,207,296 1,634,969
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) 12,860,639 17,821,538 24,557,092
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 12,860,639 17,821,538
29 Total net assets or fund balances (see instructions)..... 12,860,639 17,821,538
30 Total liabilities and net assets/fund balances (see instructions). 12,860,639 17,821,538
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
12,860,639
2
Enter amount from Part I, line 27a .....................
2
4,960,899
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
17,821,538
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
17,821,538
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 Passthrough K1 Capital Gain/(Loss)      
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 3,515,020   3,219,677 295,343
b       25,010
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       295,343
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 2 320,353
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 6,063
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 6,063
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 6,063
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 3,993
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 2,130
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 6,123
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 60
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet60 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? Click to see attachment....................
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 changesClick to see attachment....
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.Click to see attachment
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 addressbullet  
    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
     
     
    ........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
    Daphne Hoch Cunningham Trustee
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Roland E Hoch Trustee
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Steven G Hoch Trustee
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Alix M Laager Trustee
    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
    Brown Advisory Investment MGMT 105,541
    12E 49TH ST 35TH FL
    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
    18,190,328
    b
    Average of monthly cash balances.......................
    1b
    1,405,293
    c
    Fair market value of all other assets (see instructions)................
    1c
    1,404,768
    d
    Total (add lines 1a, b, and c).........................
    1d
    21,000,389
    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
    21,000,389
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    315,006
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    20,685,383
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,034,269
    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
    1,034,269
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    6,063
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    6,063
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,028,206
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,028,206
    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
    1,028,206
    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
    345,830
    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
    345,830
    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
    345,830
    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 1,028,206
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 287,561
    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$ 345,830
    a Applied to 2019, but not more than line 2a 287,561
    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..... 58,269
    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 ..........     		969,937
    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
    ALLOWANCE FOR GOOD
    922 DAVIS ST
    EVANSTON,IL60201     		N/A PC General & Unrestricted 500
    AMERICAN CIVIL LIBERTIES UNION FOUNDATION INC
    125 BROAD ST 18TH FLOOR
    NEW YORK,NY10004     		N/A PC General & Unrestricted 1,250
    AMERICAN CIVIL LIBERTIES UNION OF MINNESOTA FOUNDA
    PO BOX 14720
    MINNEAPOLIS,MN55414     		N/A PC General & Unrestricted 250
    BABY2BABY
    5830 W JEFFERSON BLVD
    LOS ANGELES,CA90016     		N/A PC General & Unrestricted 500
    BAIL PROJECT INC
    PO BOX 102592
    PASADENA,CA91189     		N/A PC General & Unrestricted 250
    BOB WOODRUFF FAMILY FOUNDATION INC
    1350 BROADWAY RM 905
    NEW YORK,NY10018     		N/A PC General & Unrestricted 500
    CAMPAIGN FOR THE WESTCHESTER CHILDRENS MUSEUM INC
    PO BOX 397
    RYE,NY10580     		N/A PC General & Unrestricted 1,000
    CENTER FOR CONSTITUTIONAL RIGHTS INC
    666 BROADWAY
    NEW YORK,NY10012     		N/A PC General & Unrestricted 250
    CENTER FOR DISASTER PHILANTHROPY INC
    1 THOMAS CIR NW STE 700
    WASHINGTON,DC20005     		N/A PC General & Unrestricted 250
    COMMONWEALTH KITCHEN INC
    196 QUINCY ST
    DORCHESTER,MA02121     		N/A PC General & Unrestricted 500
    DOUG COOMBS FOUNDATION
    PO BOX 7665
    JACKSON,WY83002     		N/A PC General & Unrestricted 500
    EDIBLE SCHOOLYARD NEW YORK
    20 JAY ST STE M9
    BROOKLYN,NY11201     		N/A PC General & Unrestricted 500
    EDUCATION TRUST INC
    1501 K ST NW STE 200
    WASHINGTON,DC20005     		N/A PC General & Unrestricted 1,000
    ENVIRONMENTAL AND ENERGY STUDY INSTITUTE
    1020 19TH ST NW STE 650
    WASHINGTON,DC20036     		N/A PC General & Unrestricted 500
    ENVIRONMENTAL DEFENSE FUND INCORPORATED
    257 PARK AVE SOUTH
    NEW YORK,NY10010     		N/A PC General & Unrestricted 250
    EQUAL JUSTICE INITIATIVE
    122 COMMERCE ST
    MONTGOMERY,AL36104     		N/A PC General & Unrestricted 1,000
    EVANSTON COMMUNITY FOUNDATION INC
    1560 SHERMAN AVE
    EVANSTON,IL60201     		N/A PC Emergency Relief Efforts FUND 10,000
    FOUNDATION FOR METROWEST INC
    3 ELIOT ST
    NATICK,MA01760     		N/A PC Emergency Relief Efforts FUND 10,000
    FRIDAY NIGHT SUPPER PROGRAM INC
    351 BOYLSTON ST
    BOSTON,MA02116     		N/A PC General & Unrestricted 250
    HABITAT FOR HUMANITY INTERNATIONAL INC
    240 COMMERCIAL ST
    BOSTON,MA02109     		N/A PC General & Unrestricted 500
    HOPE COMMUNITY SERVICES INC
    50 WASHINGTON BLVD
    NEW ROCHELLE,NY10801     		N/A PC General Purpose Grant 10,000
    HOPE COMMUNITY SERVICES INC
    50 WASHINGTON BLVD
    NEW ROCHELLE,NY10801     		N/A PC General & Unrestricted 1,000
    INTERNATIONAL PLANNED PARENTHOOD FEDERATION
    125 MAIDEN LANE 9TH FL
    NEW YORK,NY10038     		N/A PC General & Unrestricted 500
    ISLAND FOOD PANTRY OF MARTHAS VINEYARD INC
    PO BOX 1874
    VINEYARD HVN,MA02568     		N/A PC General & Unrestricted 5,000
    JACKIE ROBINSON FOUNDATION INC
    75 VARICK ST 2ND FL
    NEW YORK,NY10013     		N/A PC General & Unrestricted 750
    LEGAL RIGHTS CENTER INCORPORATED
    1611 PARK AVE S
    MINNEAPOLIS,MN55404     		N/A PC General & Unrestricted 250
    LOVIN SPOONFULS INC
    1304 COMMONWEALTH AVE
    BOSTON,MA02134     		N/A PC Emergency Relief Efforts FUND 10,000
    MARSHALL PROJECT INC
    156 W 56TH ST STE 701
    NEW YORK,NY10019     		N/A PC General & Unrestricted 500
    MAYORS FUND FOR LOS ANGELES
    200 N SPRING ST RM 305B
    LOS ANGELES,CA90012     		N/A PC General & Unrestricted 500
    NAACP FOUNDATION
    7 ST PAUL ST SUITE 12
    BALTIMORE,MD21202     		N/A PC General & Unrestricted 500
    NAACP LEGAL DEFENSE AND EDUCATIONAL FUND INC
    40 RECTOR ST 5TH FL
    NEW YORK,NY10006     		N/A PC General & Unrestricted 750
    NATIONAL OUTDOOR LEADERSHIP SCHOOL
    284 LINCOLN ST
    LANDER,WY82520     		N/A PC General & Unrestricted 1,000
    NATIONAL PARK FOUNDATION
    1110 VERMONT AVE NW SUITE 200
    WASHINGTON,DC20005     		N/A PC General & Unrestricted 500
    NATIONAL POLICE ACCOUNTABILITY PROJECT INC
    2022 ST BERNARD AVE RM 124A
    NEW ORLEANS,LA70116     		N/A PC General & Unrestricted 1,000
    NATIONAL SKI PATROL SYSTEM INC
    133 S VAN GORDON ST STE 100
    LAKEWOOD,CO80228     		N/A PC General & Unrestricted 250
    PRESERVATION WORCESTER INC
    10 CEDAR ST
    WORCESTER,MA01609     		N/A PC General & Unrestricted 500
    PROTECT OUR WINTERS
    4676 BROADWAY ST
    BOULDER,CO80304     		N/A PC General & Unrestricted 500
    REFED INC
    2807 JACKSON AVE FL 5
    LONG IS CITY,NY11101     		N/A PC COVID-19 Food Waste Solutions Fund 100,000
    REFED INC
    2807 JACKSON AVE FL 5
    LONG IS CITY,NY11101     		N/A PC General & Unrestricted 100,000
    ROBIN HOOD FOUNDATION
    826 BROADWAY 9TH FL
    NEW YORK,NY10003     		N/A PC General & Unrestricted 1,000
    SCHOOL ON WHEELS OF MASSACHUSETTS INC
    100 LAUREL ST STE 121
    E BRIDGEWTR,MA02333     		N/A PC General & Unrestricted 500
    SEND IT
    10075 W RIVER ST 204
    TRUCKEE,CA96161     		N/A PC General & Unrestricted 500
    SHARE OUR STRENGTH
    1030 15TH ST NW STE 1100W
    WASHINGTON,DC20005     		N/A PC General & Unrestricted 500
    SOS CHILDRENS VILLAGE USA INC
    1620 I ST NW STE 900
    WASHINGTON,DC20006     		N/A PC General & Unrestricted 500
    SOUTH EAST CONSORTIUM FOR SPECIAL SERVICES INC
    740 W BOSTON POST RD
    MAMARONECK,NY10543     		N/A PC General & Unrestricted 1,300
    SPECIAL OLYMPICS NEW YORK INC - HUDSON VALLEY REGI
    94 NEW KRANER RD STE 208
    ALBANY,NY12203     		N/A PC General & Unrestricted 200
    STEM ALLIANCE OF LARCHMONT-MAMARONECK INC
    PO BOX 528
    LARCHMONT,NY10538     		N/A PC General & Unrestricted 1,000
    THE APOLLO THEATER FOUNDATION INC
    253 W 125TH ST
    NEW YORK,NY10027     		N/A PC General & Unrestricted 250
    THE BHUTAN FOUNDATION
    1050 CONNECTICUT AVE NW 66013
    WASHINGTON,DC20035     		N/A PC General & Unrestricted 500
    THURGOOD MARSHALL COLLEGE FUND INC
    901 F ST NW STE 700
    WASHINGTON,DC20004     		N/A PC General & Unrestricted 250
    UNITED NEGRO COLLEGE FUND INC
    1805 7TH ST NW
    WASHINGTON,DC20001     		N/A PC General & Unrestricted 1,000
    URBAN FOOD INITIATIVE
    420 WASHINGTON ST
    DORCHESTER,MA02124     		N/A PC Emergency Relief Efforts FUND 10,000
    WE THE PROTESTERS INC
    30 EAST 125 TH ST 132
    NEW YORK,NY10035     		N/A PC General & Unrestricted 500
    WEEKEND BACKPACKS FOR HOMELESS KIDS
    PO BOX 21486
    BALTIMORE,MD21282     		N/A PC General & Unrestricted 500
    WESTCHESTER ARC FOUNDATION INC
    265 SAW MILL RIVER RD
    HAWTHORNE,NY10532     		N/A PC General & Unrestricted 1,000
    WOODS HOLE OCEANOGRAPHIC INSTITUTION
    266 WOODS HOLE RD MS 40
    WOODS HOLE,MA02543     		N/A PC General & Unrestricted 1,250
    WORLD CENTRAL KITCHEN INCORPORATED
    655 NEW YORK AVE NW 6TH FL
    WASHINGTON,DC20001     		N/A PC General & Unrestricted 500
    WORLD RESOURCES INSTITUTE
    10 G ST NE 8TH FL
    WASHINGTON,DC20002     		N/A PC General & Unrestricted 500
    Total .................................bullet 3a 285,000
    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 ...........     		    14 706  
    4 Dividends and interest from securities....     14 310,775  
    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 ............     		    18 255,309  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aK-1 Inc/Loss     		    14 1  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   566,791  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    566,791
    (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
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2020
    Name of the organization
    The Ajana Foundation
     
    Employer identification number

    13-7299038
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    The Ajana Foundation
          		Employer identification number
    13-7299038
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    Lisina M Hoch Revocable Trust
    39 Matthiessen Park
     
    Irvington, NY10533

    		$ 5,000,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    The Ajana Foundation
          		Employer identification number

    13-7299038
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    The Ajana Foundation
          		Employer identification number

    13-7299038
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

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    TY 2020 DepreciationSchedule
    Name:
    The Ajana Foundation
    EIN:
    13-7299038
    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 GeneralExplanationAttachment
    Name:
    The Ajana Foundation
    EIN:
    13-7299038
    Identifier Return Reference Explanation
    Part VII-A, Line 3 (990-PF) - Declaration re Amended Bylaws Part VII-A, Line 3 (990-PF) - Declaration re Amended Bylaws I hereby declare that I am an authorized officer of the Foundation, and I certify that the conformed copy of the Foundation's amended bylaws attached hereto is a complete and accurate copy of the original document. By: ROLAND E. HOCH Title: TRUSTEE

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    The Ajana Foundation
    EIN:
    13-7299038
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AGILENT TECHNOLOGIES INC NOTE 20,133 20,701
    ALEXANDRIA REAL ESTATE EQUITIE 34,803 34,944
    AMERICAN TOWER CORP - 3.125% - 31,376 33,096
    AMPHENOL CORP - 2.800% - 02/15 20,739 22,061
    ANALOG DEVICES INC NOTE - 2.95 18,847 19,646
    APPLE INC - 1.125% - 05/11/202 20,411 20,567
    APTIV PLC NOTE CALL MAKE WHOLE 7,405 8,135
    AVALONBAY CMNTYS INC - 3.450% 33,395 33,394
    BALL CORP - 4.875% - 03/15/202 11,335 11,295
    BK OF AMERICA CORP SER N MTN - 35,023 35,381
    CITIGROUP INC - 1.678% - 05/15 19,999 20,609
    CLOROX CO - 1.800% - 05/15/203 19,935 20,640
    CONSOLIDATED EDISON CO N Y INC 10,723 11,459
    CROWN CASTLE INTL - 3.300% - 0 20,405 22,386
    CVS CAREMARK CORP NOTE - 4.300 33,587 35,699
    ECOLAB INC - 1.300% - 01/30/20 19,839 19,810
    EUROPEAN INVESTMENT BANK - 2.5 71,297 70,382
    FORD - 2.415% - 06/01/2050 20,163 20,380
    FORTIS INC. SER. B - 3.055% - 21,914 22,014
    HASBRO INC - 3.500% - 09/15/20 33,883 38,138
    HUNTSMAN INTL LLC - 4.500% - 0 23,102 23,043
    IDEX CORP NOTE CALL MAKE WHOLE 20,683 22,018
    INTERNATIONAL BK FOR RECON & D 119,957 121,158
    INTERNATIONAL FINANCE - 2.125% 71,059 70,542
    JB HUNT - 3.875% - 03/01/2026 21,424 22,966
    JPMORGAN CHASE & CO - 0.653% - 20,043 20,106
    KIMBERLY CLARK CORP - 3.100% - 10,918 11,516
    LAS VEGAS VALLEY NEVWTR - 5.13 15,766 15,295
    MARRIOTT INL. INC - 5.750% - 0 11,250 11,697
    MARRIOTT INTL INC NEW SER AA N 10,426 11,605
    MARVELL - 4.875% - 06/22/2028 33,710 35,437
    MASTERCARD INC - 3.350% - 03/2 12,159 12,794
    NEXTERA ENERGY CAP HLDGS INC S 10,340 10,950
    NIKE INC - 2.850% - 03/27/2030 22,917 23,790
    NORTHWELL - 4.260% - 11/01/204 21,698 23,996
    ORACLE CORP - 2.950% - 04/01/2 20,608 22,299
    OREGON HEALTH SCIENCE UNIV REV 53,552 54,165
    PVH CORPORATION SER B NOTE - 4 22,306 22,535
    SANTANDER DRIVE AUTOSER - 3.21 4,452 4,420
    THERMO SCIENTIFIC INC BOND - 3 21,323 22,475
    TJX COS INC - 3.875% - 04/15/2 21,206 23,998
    TRIMBLE - 4.900% - 06/15/2028 22,169 23,932
    V F CORP NOTE - 2.950% - 04/23 20,575 22,129
    VERISK ANALYTICS INC - 4.000% 33,076 33,984
    VERIZON - 3.875% - 02/08/2029 34,125 35,208
    VERIZON COMMUNICATIONS - 0.000 24,997 25,600
    VERIZON OWNER TRUST SER - 2.37 9,992 10,017
    XYLEM INC NOTE CALL MAKE WHOLE 19,976 21,064

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    The Ajana Foundation
    EIN:
    13-7299038
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ACCELERON PHARMA INC 11,856 16,120
    ACCENTURE PLC 31,604 53,287
    ACCOLADE ORD SHS 26,898 34,061
    ADOBE SYSTEMS, INC 56,638 95,523
    ADVANCED MEDICAL OPTICS 15,614 28,035
    ALIBABA GROUP HOLDING LTD 17,907 23,273
    ALPHABET INC CL A 116,389 194,543
    AMAZON COM 93,764 227,985
    AMERICAN TOWER REIT INC 105,863 104,374
    ANALOG DEVICES INC 78,460 102,820
    APPLE INC 60,155 145,959
    ASPEN TECHNOLOGY, INC 33,777 40,638
    AUTODESK, INC 66,715 147,785
    BALL CP 51,013 67,369
    BIO RAD LABS INC CL A 50,077 78,114
    BIOHAVEN PHARMACEUTICAL HOLDIN 11,190 16,456
    BLACKLINE INC 14,459 32,411
    BLUEPRINT MEDICINES CORPORATIO 8,516 12,897
    BOOKING HOLDINGS INC 20,186 22,273
    BRIGHT HORIZONS FAMILY SOLUTIO 50,873 80,440
    BROOKFIELD GLOBAL LISTED REAL 199,999 208,670
    BROWN ADVISORY GLOBAL LEADERS 924,999 1,261,612
    BROWN ADVISORY SMALL CAP CL I 285,794 263,638
    BROWN ADVISORY SOMERSET EMERGI 523,925 676,182
    C T S CP 16,919 22,349
    CADENCE DESIGN SYSTEMS INC 69,213 81,176
    CARDTRONICS INC 38,729 61,457
    CARRIER GLOBAL 5,210 8,487
    CATALENT INC 11,504 15,194
    CHARLES RIV LABORATORIES INTL 33,896 57,218
    CHARLES SCHWAB CORP 14,833 18,564
    CHARMING SHOPPES, INC. - COMMO 21,489 19,622
    CHOICE HOTELS INTERNATIONAL IN 19,740 26,149
    CMC MATERIALS INC 18,197 19,518
    DANAHER CORP 73,206 110,848
    DENNYS CORPORATION 36,394 46,169
    DFA INTERNATIONAL SUSTAINABILI 1,004,999 1,243,675
    DYNATRACE 100,252 117,305
    EASTGROUP PROPERTIES INC 40,045 44,041
    ECHOSTAR HOLDING CORPORATION 33,057 20,088
    ECOLAB INC 50,871 59,066
    EDWARDS LIFESCIENCES 85,750 106,374
    EMERGING MARKETS SUSTAINABILIT 349,999 514,318
    ENVESTNET INC 17,028 17,445
    ESSENTIAL PROPERTIES REALTY TR 26,792 43,036
    ETSY INC 28,325 67,428
    EVO PAYMENTS INC 16,162 19,744
    EXTENDED STAY AMERICA INC 11,747 15,091
    FEDERAL SIGNAL CORP 38,144 42,856
    FORTIVE CORPORATION 61,180 76,202
    GENPACT LIMITED 21,610 23,203
    HEALTHEQUITY INC 11,352 15,266
    HOME DEPOT INC 78,734 126,701
    IAA INC 46,949 73,038
    IDEX CP 16,154 19,920
    IDEXX CORP 60,560 112,471
    INARI MEDICAL INC 17,770 26,362
    INTUIT 81,270 118,133
    JOHN BEAN TECH CORP 28,968 37,122
    JP MORGAN CHASE 47,360 50,828
    LITTELFUSE, INC 16,702 26,994
    MAGELLAN HEALTH SERVICES, INC 25,403 33,467
    MARVEL TECH INC 48,564 94,510
    MASTERCARD INC 30,001 35,694
    MAXIMUS INC 16,718 16,907
    MCGRATH RENTCORP 33,067 37,576
    MICROSOFT CORP 157,040 325,178
    MIMECAST LTD 34,445 52,065
    MONOLITHIC POWER SYSTEMS, INC 67,156 141,731
    MUELLER WATER PRODUCTS INC 35,697 46,970
    NEOGENOMICS INC 12,384 24,228
    NESTLE SA - REG 4,923,495 8,094,104
    NEUROCRINE BIOSCIENCES, INC 12,476 10,735
    NEXSTAR MEDIA GROUP, INC 24,779 32,539
    NIKE INC-CL B 92,125 128,172
    NORDSON CP 39,582 53,453
    ONTO INNOVATION 17,082 21,588
    ORTHOPEDIATRICS CORP 35,089 33,454
    OTIS WORLDWIDE CORP 7,776 7,566
    PACIFIC PREMIER BANCORP INC 17,126 26,192
    PARNASSUS EQUITY INCOME FUND I 999,999 1,123,772
    PAYPAL HOLDINGS, INC 20,967 46,840
    PEPSICO INC 21,657 23,728
    PFIZER INC 34,515 36,810
    PRIMERICA, INC 29,664 35,491
    PROSPERITY BANC SHARES, INC 37,234 42,726
    PRUDENTIAL FINANCIAL 9.0% PREF 19,538 25,611
    RAYTHEON TECHNOLOGIES CORP 17,380 16,090
    RENASANT CORPORATION 12,508 18,019
    SERVICE NOW 47,368 93,573
    SIMPSON MANUFACTURING CO INC 15,313 19,531
    SITEONE LANDSCAPE SUPPLY INC 19,347 38,071
    SPROUTS FARMERS MARKET INC 44,516 35,276
    SQUARE INC 42,007 53,539
    STARBUCKS CORP COM 62,107 96,603
    STITCH FIX, INC. 26,036 61,773
    THE HAIN CELESTIAL GROUP, INC 36,427 55,407
    THERMO FISHER SCIENTIFIC INC 68,601 107,129
    TJX COMPANIES INC 16,766 20,487
    TOPBUILD CORP 15,971 30,189
    TRISTATE CAPITAL HOLDINGS 10,204 12,093
    TRIUMPH BANCORP INC 20,502 36,849
    TYLER TECHNOLOGIES, INC 28,761 42,779
    UMB FINANCIAL CORPORATION 32,050 41,256
    UNITED RENTALS INC 54,146 104,360
    UNITEDHEALTH GROUP INC 85,241 119,582
    VERISK ANALYTICS, INC 79,332 106,909
    VERITEX HOLDINGS INC 22,529 31,895
    VIATRIS ORD SHS 1,894 2,324
    VISA INC 108,476 162,954
    W. P. CAREY INC 23,928 23,362
    WADDELL&REED FIN INC 29,265 51,704
    WASHINGTON FED INC 34,221 30,785
    WEST PHARMA SVCS INC 51,699 97,175
    WEX, INC 21,691 28,698
    WOODWARD INC 9,804 14,827
    WORKIVA INC 25,554 58,270
    ZOETIS INC 58,292 76,958

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    The Ajana Foundation
    EIN:
    13-7299038
    US Government Securities - End of Year Book Value:

    643,059
    US Government Securities - End of Year Fair Market Value:

    651,425
    State & Local Government Securities - End of Year Book Value:


    288,539
    State & Local Government Securities - End of Year Fair Market Value:


    293,398


    TY 2020 InvestmentsOtherSchedule2
    Name:
    The Ajana Foundation
    EIN:
    13-7299038
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    BROWN ADVISORY ALTERNATIVE STR   1,000,000 1,424,336
    MANNA TREE PARTNERS FUND I, L.   107,327 131,027
    ROSE AFFORDABLE HOUSING PRESER   99,969 79,606

    TY 2020 OtherExpensesSchedule
    Name:
    The Ajana Foundation
    EIN:
    13-7299038
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 33,500     33,500
    Bank Charges 2 2    
    K-1 Exp MANNA TREE PARTNERS FU 11,423 11,416    
    K-1 Exp ROSE AFFORDABLE HOUSIN 32 32    
    Postage/Delivery Service 52     52
    State or Local Filing Fees 750     750


    TY 2020 OtherIncomeSchedule2
    Name:
    The Ajana Foundation
    EIN:
    13-7299038
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    K-1 Inc/Loss ROSE AFFORDABLE HOUSING PRESERVATION 1 1  


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    The Ajana Foundation
    EIN:
    13-7299038
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 115,572 115,572    
    Philanthropic Consulting Srvcs 26,528     26,528


    TY 2020 TaxesSchedule
    Name:
    The Ajana Foundation
    EIN:
    13-7299038
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2020 2,400      
    990-PF Extension for 2019 62,031      
    Foreign Tax Paid 64,605 64,605