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
Richard and Diane Van Grunsven Family
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

27-4195377
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$6,024,204
J 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) 1,275,201
2 Check bullet.............
3 Interest on savings and temporary cash investments 96 96  
4 Dividends and interest from securities... 112,215 112,215  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 200,223
b Gross sales price for all assets on line 6a 2,941,655
7 Capital gain net income (from Part IV, line 2)... 565,116
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 1,587,735 677,427  
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).... 45,677 45,677    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 5,770 2,470    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 23,753 235   23,518
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 75,200 48,382   23,518
25 Contributions, gifts, grants paid....... 189,720 189,720
26 Total expenses and disbursements. Add lines 24 and 25 264,920 48,382   213,238
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,322,815
b Net investment income (if negative, enter -0-) 629,045
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......... 106,967 175,344 175,344
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) 133,916 Click to see attachment118,617 139,386
b Investments—corporate stock (attach schedule)....... 3,363,618 Click to see attachment4,374,735 5,274,636
c Investments—corporate bonds (attach schedule)....... 161,047 Click to see attachment167,167 182,993
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........   Click to see attachment252,500 251,845
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,765,548 5,088,363 6,024,204
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 3,765,548 5,088,363
29 Total net assets or fund balances (see instructions)..... 3,765,548 5,088,363
30 Total liabilities and net assets/fund balances (see instructions). 3,765,548 5,088,363
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
3,765,548
2
Enter amount from Part I, line 27a .....................
2
1,322,815
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
5,088,363
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
5,088,363
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 2,941,655   2,376,539 565,116
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       565,116
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 2 565,116
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 8,744
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 8,744
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 8,744
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 3,831
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 5,180
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 9,011
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 10 267
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet267 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)
    bulletDE
    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
    Diane Van Grunsven VP, Dir
    1.0
    0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Richard Van Grunsven Pres, Dir, Sec
    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
     
    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
    4,534,380
    b
    Average of monthly cash balances.......................
    1b
    217,688
    c
    Fair market value of all other assets (see instructions)................
    1c
    209,871
    d
    Total (add lines 1a, b, and c).........................
    1d
    4,961,939
    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
    4,961,939
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    74,429
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    4,887,510
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    244,376
    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
    244,376
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    8,744
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    8,744
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    235,632
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    235,632
    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
    235,632
    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
    213,238
    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
    213,238
    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
    213,238
    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 7 235,632
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 204,216
    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$ 213,238
    a Applied to 2019, but not more than line 2a 204,216
    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..... 9,022
    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 ..........
    226,610
    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).)
    Diane Van Grunsven
    Richard Van Grunsven
    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
    826LA
    1947 ADDISON WAY
    LOS ANGELES,CA90041
    N/A PC General & Unrestricted 500
    ABBEY FOUNDATION OF OREGON
    1 ABBEY DR
    ST BENEDICT,OR97373
    N/A SO I General & Unrestricted 1,000
    ADELANTE MUJERES
    2030 MAIN ST STE A
    FOREST GROVE,OR97116
    N/A PC General & Unrestricted 500
    AFRICAN ROAD INC
    13500 SW 72ND AVE STE 205
    TIGARD,OR97223
    N/A PC General & Unrestricted 5,000
    AIRWAY SCIENCE FOR KIDS INC
    PO BOX 4142
    PORTLAND,OR97208
    N/A PC Charitable Event 10,000
    AOPA FOUNDATION
    421 AVIATION WAY
    FREDERICK,MD21701
    N/A PC General & Unrestricted 1,500
    BLANCHET HOUSE OF HOSPITALITY
    310 NW GLISAN ST
    PORTLAND,OR97209
    N/A PC General & Unrestricted 10,000
    BRADLEY ANGLE
    5432 N ALBINA AVE
    PORTLAND,OR97217
    N/A PC General & Unrestricted 500
    BROWN HOPE
    1001 SE SANDY BLVD
    PORTLAND,OR97214
    N/A PC General & Unrestricted 250
    CALL TO SAFETY
    PO BOX 42610
    PORTLAND,OR97242
    N/A PC General & Unrestricted 500
    CATHOLIC CHARITIES
    2740 SE POWELL BLVD
    PORTLAND,OR97202
    N/A PC General & Unrestricted 5,000
    CATHOLIC RELIEF SERVICES INC
    228 W LEXINGTON ST
    BALTIMORE,MD21201
    N/A PC General & Unrestricted 1,000
    CHESS FOR SUCCESS
    5440 SW WESTGATE DR STE 125
    PORTLAND,OR97221
    N/A PC General & Unrestricted 500
    CHILDREN OF THE NIGHT
    3450 CAHUENGA BLVD W UNIT 602
    LOS ANGELES,CA90068
    N/A PC General & Unrestricted 500
    CLASSROOM LAW PROJECT
    620 SW MAIN ST STE 102
    PORTLAND,OR97205
    N/A PC General & Unrestricted 200
    DE PAUL TREATMENT CENTERS INC
    PO BOX 3007
    PORTLAND,OR97208
    N/A PC General & Unrestricted 10,000
    DE PAUL TREATMENT CENTERS INC
    PO BOX 3007
    PORTLAND,OR97208
    N/A PC Charitable Event 30,000
    DIOCESAN MIGRANT & REFUGEE SERVICES INC
    499 SAINT MATTHEWS ST
    EL PASO,TX79907
    N/A PC General & Unrestricted 200
    DOWNTOWN WOMENS CENTER
    442 S SAN PEDRO ST
    LOS ANGELES,CA90013
    N/A PC General & Unrestricted 1,000
    DRAVET SYNDROME FOUNDATION INC
    PO BOX 3026
    CHERRY HILL,NJ08034
    N/A PC General & Unrestricted 200
    EAA AVIATION FOUNDATION INC
    PO BOX 3086
    OSHKOSH,WI54903
    N/A PC General & Unrestricted 25,000
    EQUAL JUSTICE INITIATIVE
    122 COMMERCE ST
    MONTGOMERY,AL36104
    N/A PC General & Unrestricted 5,000
    EVERGREEN AVIATION AND SPACE MUSEUM AND THE CAPTAI
    500 NE CAPT MICHAEL KING SMITH
    MCMINNVILLE,OR97128
    N/A PC General & Unrestricted 1,500
    FAIR FIGHT INITIATIVE
    410 E BAY ST
    SAVANNAH,GA31401
    N/A PC General & Unrestricted 1,000
    FOOD FOR THE POOR INC
    6401 LYONS RD
    COCONUT CREEK,FL33073
    N/A PC General & Unrestricted 2,000
    FRANK LENTZ FOUNDATION LTD
    8044 KARLOV AVE
    SKOKIE,IL60076
    N/A PC General & Unrestricted 1,000
    FRIENDS OF THE CHILDREN-PORTLAND
    44 NE MORRIS ST
    PORTLAND,OR97212
    N/A PC General & Unrestricted 250
    HABITAT FOR HUMANITY INTERNATIONAL INC
    3731 PACIFIC AVE
    FOREST GROVE,OR97116
    N/A PC General & Unrestricted 1,000
    HIAS INC
    411 5TH AVE 10TH FL
    NEW YORK,NY10016
    N/A PC General & Unrestricted 1,000
    HILLSBORO COMMUNITY FOUNDATION INC
    PO BOX 808
    HILLSBORO,OR97123
    N/A PC Arts and Culture Endowment Fund 520
    INTERNATIONAL RESCUE COMMITTEE INC
    PO BOX 6068
    ALBERT LEA,MN56007
    N/A PC General & Unrestricted 1,000
    IRCO
    10301 NE GLISAN ST
    PORTLAND,OR97220
    N/A PC General & Unrestricted 250
    LATINO NETWORK
    410 NE 18TH AVE
    PORTLAND,OR97232
    N/A PC General & Unrestricted 500
    LIBRARY FOUNDATION INC SERVING THE PEOPLE OF MULTN
    620 SW 5TH AVE STE 1025
    PORTLAND,OR97204
    N/A PC General & Unrestricted 150
    LIFEWORKS NW
    5415 SW WESTGATE DR
    PORTLAND,OR97221
    N/A PC General & Unrestricted 1,000
    MARILLAC ST VINCENT FAMILY SERVICES INC
    PO BOX 14699
    CHICAGO,IL60614
    N/A PC General & Unrestricted 1,000
    MCKENZIE RIVER GATHERING FOUNDATION
    909 NE ONEONTA ST APT 205
    PORTLAND,OR97211
    N/A PC The Chush Fund 1,000
    MEDECINS SANS FRONTIERES USA INC - DOCTORS WITHOUT
    PO BOX 5030
    HAGERSTOWN,MD21741
    N/A PC General & Unrestricted 5,000
    NATIVE AMERICAN YOUTH AND FAMILY CENTER
    5135 NE COLUMBIA BLVD
    PORTLAND,OR97218
    N/A PC General & Unrestricted 500
    NEW AVENUES FOR YOUTH INC
    1220 SW COLUMBIA ST
    PORTLAND,OR97201
    N/A PC General & Unrestricted 250
    NORTH BY NORTHEAST COMMUNITY HEALTH CENTER
    714 NE ALBERTA ST
    PORTLAND,OR97211
    N/A PC General & Unrestricted 1,000
    OREGON FOOD BANK INC
    7900 NE 33RD DR
    PORTLAND,OR97211
    N/A PC General & Unrestricted 2,000
    OVARIAN CANCER ALLIANCE OF OREGON & SW WASHINGTON
    16420 SE MCGILLIVRAY BLVD STE 103
    VANCOUVER,WA98683
    N/A PC Charitable Event 3,000
    P EAR
    338 NW 6TH AVE
    PORTLAND,OR97209
    N/A PC General & Unrestricted 500
    PEOPLE ASSISTING THE HOMELESS
    340 N MADISON AVE
    LOS ANGELES,CA90004
    N/A PC General & Unrestricted 1,500
    PORT TOWNSEND AERO MUSEUM
    105 AIRPORT RD
    PORT TOWNSEND,WA98368
    N/A PC General & Unrestricted 2,000
    PORTLAND RESCUE MISSION
    PO BOX 3713
    PORTLAND,OR97208
    N/A PC General & Unrestricted 500
    PORTLAND STREET MEDICINE
    825 NE MULTNOMAH ST STE 240
    PORTLAND,OR97232
    N/A PC General & Unrestricted 500
    PROVIDENCE ST VINCENT MEDICAL FOUNDATION
    9205 SW BARNES RD STE 2111
    PORTLAND,OR97225
    N/A PC The Ruth J. Spear Breast Center's Transitions boutique Fund to supply sleeves and gloves 6,000
    PUEBLO UNIDO PDX
    17405 NE GLISAN ST
    PORTLAND,OR97230
    N/A PC General & Unrestricted 250
    RAPE ABUSE AND INCEST NATIONAL NETWORK INC
    1220 L ST NW SUITE 500
    WASHINGTON,DC20005
    N/A PC General & Unrestricted 1,000
    RAPHAEL HOUSE OF PORTLAND
    4110 SE HAWTHORNE BLVD 503
    PORTLAND,OR97214
    N/A PC Charitable Event 2,000
    RECREATIONAL AVIATION FOUNDATION
    1711 W COLLEGE ST
    BOZEMAN,MT59715
    N/A PC General & Unrestricted 500
    ROSE HAVEN CIC
    PO BOX 10405
    PORTLAND,OR97296
    N/A PC General & Unrestricted 1,000
    SALVATION ARMY - CASCADE DIVISION
    8495 SE MONTEREY AVE
    HAPPY VALLEY,OR97086
    N/A PC General & Unrestricted 1,500
    SAVE THE CHILDREN FEDERATION INC
    501 KINGS HWY EAST STE 400
    FAIRFIELD,CT06825
    N/A PC General & Unrestricted 3,000
    SOARING SOCIETY OF AMERICA INC
    5425 JACK GOMEZ BLVD
    HOBBS,NM88240
    N/A PC SAA Eagle Fund Campaign 1,500
    SOUTHERN CALIFORNIA SOARING ACADEMY INC
    24307 MAGIC MOUNTAIN PKWY
    VALENCIA,CA91355
    N/A PC General & Unrestricted 1,500
    ST ANDRE BESSETTE CATHOLIC CHURCH PORTLAND OREGON
    601 W BURNSIDE ST
    PORTLAND,OR97209
    N/A PC General & Unrestricted 5,000
    ST ANDREW LEGAL CLINIC
    807 NE ALBERTA ST
    PORTLAND,OR97211
    N/A PC General & Unrestricted 1,000
    ST EDWARD CHURCH
    PO BOX 507
    NORTH PLAINS,OR97133
    N/A PC General & Unrestricted 4,000
    ST JUDE CHILDRENS RESEARCH HOSPITAL INC
    501 ST JUDE PL
    MEMPHIS,TN38105
    N/A PC Charitable Event 3,000
    TEAM KELSEY FOUNDATION INC
    PO BOX 564
    ALTOONA,IA50009
    N/A PC General & Unrestricted 1,000
    THE ANIMAL PROTECTORATES
    PO BOX 1645
    BURBANK,CA91507
    N/A PC General & Unrestricted 500
    THE TREVOR PROJECT INC
    PO BOX 69232
    WEST HOLLYWOOD,CA90069
    N/A PC General & Unrestricted 1,000
    THUMBUDDY SPECIAL INC
    PO BOX 145
    DOWNERS GROVE,IL60515
    N/A PC General & Unrestricted 1,000
    TRANSITION PROJECTS INC
    665 NW HOYT ST
    PORTLAND,OR97209
    N/A PC General & Unrestricted 500
    TRILLIUM FAMILY SERVICES FOUNDATION INC
    3415 SE POWELL BLVD
    PORTLAND,OR97202
    N/A PC General & Unrestricted 200
    UNIVERSITY OF PORTLAND
    5000 N WILLAMETTE BLVD
    PORTLAND,OR97203
    N/A PC General & Unrestricted 1,000
    VISITATION CATHOLIC CHURCH
    4285 NW VISITATION RD
    FOREST GROVE,OR97116
    N/A PC School building fund 10,000
    WESTERN ANTIQUE AEROPLANE ANDAUTOMOBILE MUSEUM
    1600 AIR MUSEUM RD
    HOOD RIVER,OR97031
    N/A PC General & Unrestricted 1,500
    WINGS OVER THE ROCKIES AIR & SPACE MUSEUM
    7711 E ACADEMY BLVD
    DENVER,CO80230
    N/A PC General & Unrestricted 3,000
    YOUTH RIGHTS & JUSTICE
    1785 NE SANDY BLVD STE 300
    PORTLAND,OR97232
    N/A PC General & Unrestricted 500
    Total .................................bullet 3a 189,720
    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 96  
    4 Dividends and interest from securities....     14 112,215  
    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 ............
        18 200,223  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   312,534  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    312,534
    (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
    Richard and Diane Van Grunsven Family
    Foundation
    Employer identification number

    27-4195377
    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
    Richard and Diane Van Grunsven Family
    Foundation
    Employer identification number
    27-4195377
    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
    Van Grunsven Richard
    9899 NW 316th Place
     
    Hillsboro, OR97124

    $ 1,275,201


    (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
    Richard and Diane Van Grunsven Family
    Foundation
    Employer identification number

    27-4195377
    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
    1
    VISA INC V, 374 sh. $ 76,376 2020-01-29
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
    1
    APPLE INC AAPL, 137 sh. $ 44,472 2020-01-29
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
    1
    ADOBE SYSTEMS, INC ADBE, 155 sh. $ 54,875 2020-01-29
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
    1
    VERTEX PHARMCTLS INC VRTX, 218 sh. $ 50,593 2020-01-29
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
    1
    MASTERCARD INC MA, 91 sh. $ 29,175 2020-01-29
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
    1
    FACEBOOK INC FB, 134 sh. $ 29,658 2020-01-29
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    Richard and Diane Van Grunsven Family
    Foundation
    Employer identification number

    27-4195377
    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
    1
    SERVICE NOW NOW, 347 sh. $ 108,791 2020-01-29
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
    1
    PAYCOM SOFTWARE PAYC, 302 sh. $ 97,116 2020-01-29
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
    1
    ALPHABET INC CL A GOOGL, 15 sh. $ 21,821 2020-01-29
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
    1
    SERVICE NOW NOW, 273 sh. $ 143,917 2020-11-05
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
    1
    LULULEMON ATHLETICA INC LULU, 85 sh. $ 29,187 2020-11-05
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
    1
    INPHI CORPORATION IPHI, 82 sh. $ 11,976 2020-11-05
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    Richard and Diane Van Grunsven Family
    Foundation
    Employer identification number

    27-4195377
    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
    1
    FACEBOOK INC FB, 67 sh. $ 19,642 2020-11-05
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
    1
    MASTERCARD INC MA, 304 sh. $ 96,205 2020-11-05
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
    1
    MICROSOFT CORP MSFT, 327 sh. $ 72,802 2020-11-05
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
    1
    AMAZON COM AMZN, 21 sh. $ 69,885 2020-11-05
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
    1
    THERMO FISHER SCIENTIFIC INC TMO, 62 sh. $ 32,290 2020-11-05
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
    1
    ADVANCED MICRO DEVICES INC AMD, 445 sh. $ 36,790 2020-11-05
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    Richard and Diane Van Grunsven Family
    Foundation
    Employer identification number

    27-4195377
    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
    1
    NVIDIA CORP NVDA, 97 sh. $ 54,960 2020-11-05
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
    1
    NETFLIX INC NFLX, 71 sh. $ 36,287 2020-11-05
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
    1
    APPLE INC AAPL, 303 sh. $ 35,828 2020-11-05
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
    1
    ADOBE SYSTEMS, INC ADBE, 247 sh. $ 122,553 2020-11-05
    (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
    Richard and Diane Van Grunsven Family
    Foundation
    Employer identification number

    27-4195377
    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


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    TY 2020 DepreciationSchedule
    Name:
    Richard and Diane Van Grunsven Family
     
    Foundation
    EIN:
    27-4195377
    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:
    Richard and Diane Van Grunsven Family
     
    Foundation
    EIN:
    27-4195377
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ABBVIE INC - 3.600% - 05/14/20 2,876 3,344
    ALTRIA GROUP INC - 3.800% - 02 3,005 3,276
    AMAZON COM INC - 3.875% - 08/2 2,311 2,495
    AMERICAN EXPRESS - 3.400% - 02 3,142 3,187
    ANTHEM INC NOTE - 4.101% - 03/ 3,019 3,547
    APPLE INC - 2.500% - 02/09/202 4,710 5,395
    ASTRAZENECA PLC NOTE - 3.375% 2,012 2,245
    ATHENE HOLDING - 4.125% - 01/1 2,224 2,228
    BANK NEW YORK - 3.650% - 02/04 5,053 5,482
    BNP PARIBAS - 3.250% - 03/03/2 2,957 3,188
    BOSTON PPTYS LTD PARTNERSHIP N 2,077 2,181
    BP CAP MKTS AMER INC - 3.194% 1,092 1,100
    CAPITAL ONE FINANCIAL CO NOTE 3,999 4,378
    CITIGROUP INC NOTE - 4.400% - 2,035 2,287
    CITIGROUP INC NOTE - 4.600% - 2,000 2,344
    COCA COLA CO - 1.450% - 06/01/ 1,989 2,065
    COMCAST CORP - 3.000% - 02/01/ 5,001 5,382
    COOPERATIEVE RABOBANK - 3.875% 2,081 2,080
    CSX CORP - 0.000% - 11/01/2026 2,952 3,280
    CVS CAREMARK CORP NOTE - 4.300 3,248 3,570
    DEERE JOHN CAP CORP BOND - 2.8 5,104 5,277
    DEUTSCHE BK - 3.375% - 05/12/2 2,941 3,027
    DH EUROPE FIN II - 2.200% - 11 3,006 3,179
    DUKE ENERGY CORP - 3.750% - 04 3,011 3,303
    ENERGY TRANSFER PARTNERS DTD - 2,865 3,291
    ENTERGY CORP - 0.900% - 09/15/ 2,996 2,999
    EQT CORP - 3.000% - 10/01/2022 2,893 3,023
    EXELON CORP - 4.050% - 04/15/2 1,021 1,183
    EXPRESS SCRIPTS NOTE - 4.500% 2,116 2,319
    EXXON MOBIL CORP - 2.992% - 03 3,168 3,284
    GENERAL ELECTRIC CO - 6.875% - 2,428 2,927
    GENERAL MLS INC - 4.000% - 04/ 3,068 3,389
    GENERAL MTRS FINL COINC NOTE - 3,097 3,415
    GOLDMAN SACHS GROUP NOTE - 2.8 4,009 4,081
    HOME DEPOT INC - 2.125% - 09/1 3,014 3,233
    INTERNATIONAL BUSINESS MACHINE 4,567 6,196
    JP MORGAN CHASE - 3.797% - 07/ 4,996 5,424
    KINDER MORGAN EP - 4.150% - 02 4,028 4,379
    MCKESSON CORP NEW NOTE - 3.950 3,008 3,497
    MONDELEZ INTL INC - 2.750% - 0 2,108 2,197
    MORGAN STANLEY - 3.875% - 04/2 4,959 5,533
    NEXTERA ENERGY CAP - 2.250% - 3,070 3,145
    NVIDIA CORP-2.850% -04/01/2030 3,157 3,375
    ORIX CORPORATION - 2.900% - 07 3,009 3,109
    SANTANDER HLDGS USA INC - 3.50 3,083 3,241
    SHELL INTL FIN NT - 6.375% - 1 2,330 3,111
    STARBUCKS CORP - 3.800% - 08/1 2,983 3,414
    SUNTRUST BK - 2.800% - 05/17/2 3,047 3,099
    THERMO FISHER SCIENTIFIC INC - 3,077 3,166
    VERIZON COMMUNICATIONS INC - 4 2,845 3,744
    VIACOMCBS INC - 4.750% - 05/15 3,205 3,483
    VMWARE INC - 2.950% - 08/21/20 2,999 3,112
    VODAFONE GROUP PLC - 4.125% - 2,004 2,287
    WELLS FARGO - 3.000% - 02/19/2 4,053 4,349
    WESTPAC BKG CORP NOTE - 2.350% 2,119 2,148

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    Richard and Diane Van Grunsven Family
     
    Foundation
    EIN:
    27-4195377
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABB LTD 26,335 27,876
    ACCENTURE PLC 19,996 29,256
    ADOBE SYSTEMS, INC 137,406 144,035
    ADVANCED MICRO DEVICES INC 68,277 95,378
    AIR PRODS & CHEM INC 18,648 22,950
    ALCON INC 9,184 10,953
    ALIBABA GROUP HOLDING LTD 42,285 52,830
    ALLEGION PLC 10,257 11,638
    ALLIANZGI NFJ DIVIDEND INT & P 15,553 16,596
    ALPHABET INC CL A 37,603 68,353
    ALPINE GLOBAL PREMIER PROP FD 15,000 16,159
    AMAZON COM 79,883 110,736
    AMERICAN EXPRESS CO 14,212 16,323
    AMGEN INC 5,376 6,208
    AON PLC CL A 47,755 58,099
    APPLE INC 78,551 115,440
    ASML HOLDING NV NY REG SHS 17,292 36,579
    ASTRAZENECA 19,638 17,946
    AT&T, INC 26,572 21,915
    ATLASSIAN CORP PLC 14,170 23,855
    BANK OF NOVA SCOTIA 34,066 38,206
    BHP BILLITON LIMITED 11,096 11,238
    BLACKROCK CREDIT STRATEGIES IN 44,045 45,797
    BLACKROCK INC 28,130 41,849
    BLACKROCK MULTI-ASSET INCOME I 44,491 46,142
    BLACKROCK TOTAL RETURN FUND IN 35,926 37,261
    BOSTON SCIENTIFIC 12,280 13,517
    BRISTOL-MYERS SQUIBB CO 68,382 67,241
    BROADCOM INC 19,937 32,839
    CANADIAN NATL RAILWAY CO 33,346 37,569
    CHEVRON CORP 10,778 10,725
    CHUBB LIMITED 29,564 31,708
    CIGNA CORPORATION 31,587 35,182
    CITIGROUP INC 57,609 60,612
    COMCAST CORP 35,081 42,706
    CONOCOPHILLIPS 9,001 9,078
    CROWN CASTLE INTL 11,004 14,327
    CSX CORP 12,008 16,244
    CYBERARK SOFTWARE LTD 19,698 26,339
    D R HORTON 20,381 18,471
    DANAHER CORP 10,022 14,439
    DEERE CO 4,533 4,574
    DIAGEO PLC ADS 45,916 51,772
    DIGITAL RLTY TR INC 13,460 15,207
    DOMINION ENERGY INC 10,378 9,851
    DUKE ENERGY CO 25,728 26,736
    EATON CORP PLC 32,150 37,123
    EATON VANCE TX-MAN GLOBAL BUY- 15,036 16,214
    ELI LILLY & CO 9,254 11,481
    EMERSON ELECTRIC CO 18,044 20,896
    ENTERGY CORP 15,990 13,079
    EPAM SYSTEMS INC 20,410 30,460
    FACEBOOK INC 85,337 105,167
    FERRARI NV 24,091 31,444
    FIDELITY NATIONAL INFORMATION 13,682 17,117
    FIFTH THIRD BANCORP 24,934 27,487
    FISERV INC 13,920 18,445
    FT-PREFERRED SECUR & INC ETF 26,373 27,458
    GABELLI DIVIDEND & INCOME TRUS 14,711 16,095
    GOLDMAN SACHS GROUP 17,690 20,042
    GOLDMAN SACHS INCOME BUILDER F 30,924 34,561
    GOLDMAN SACHS U S EQUITY DIVID 29,072 33,199
    HDFC BANK LTD ADR 23,666 31,289
    HOME DEPOT INC 15,347 17,000
    HONEYWELL INTL 29,923 37,861
    HORIZON PHARMA PLC 31,918 38,477
    IHS MARKIT LTD 16,452 27,398
    ILLINOIS TOOL WORKS 20,696 24,669
    INPHI CORPORATION 47,446 71,570
    INTEL CORP 14,638 13,750
    INTUITIVE SURGICAL 22,075 34,360
    ISHARES CORE DIVIDEND GROWTH 26,913 32,181
    ISHARES IBOXX $ INVESTMENT GRA 17,456 20,581
    ISHARES MSCI-JAPAN 26,462 31,415
    JOHNSON & JOHNSON 59,009 65,942
    JP MORGAN CHASE 54,430 66,076
    KIMBERLY CLARK CORP 16,466 17,258
    KINDER MORGAN INC 40,199 30,908
    KONINKLIJKE PHILIPS ELECTRONIC 19,498 26,977
    LINDE PLC COM 21,443 33,729
    LOCKHEED MARTIN CORP 67,944 65,671
    LOOMIS SAYLES HIGH INCOME OPPO 47,843 50,339
    LOOMIS SAYLES SECURITIZED ASSE 240,802 216,742
    LOWES COMPANIES INC 13,475 14,606
    LULULEMON ATHLETICA INC 70,661 103,017
    LWC 15,651 15,921
    MARSH AND MCLENNAN COMPANIES I 15,302 17,199
    MASTERCARD INC 55,427 75,671
    MCDONALD'S CORP 4,587 7,296
    MCKESSON CORP 13,490 14,957
    MEDTRONIC PLC 79,146 89,144
    MERCK & CO INC 33,340 33,620
    MICROSOFT CORP 92,444 109,208
    NASDAQ OMX GROUP 13,207 17,920
    NATIONAL GRID TRANSCO PLC 25,089 26,623
    NESTLE S.A 24,897 30,628
    NETFLIX INC 50,455 89,761
    NEW ORIENTAL ED & TECHNOLOGY G 9,083 19,882
    NEWMONT GOLDCORP CORPORATION 24,406 31,562
    NIKE INC-CL B 26,132 33,811
    NORTHROP GRUMMAN CORP 22,126 23,159
    NOVARTIS AG ADR 16,210 17,847
    NOVO NORDISK A S 13,411 17,043
    NVIDIA CORP 77,231 88,252
    NXP SEMICONDUCTORS 12,355 13,516
    PEPSICO INC 16,531 18,241
    PINTEREST INC 20,530 32,489
    PIONEER NAT RES CO 3,947 5,125
    PIONEER STRATEGIC INCOME FD 33,139 35,703
    PNC FINANCIAL GROUP INC 15,713 18,327
    PPG INDUSTRIES INC 20,565 24,229
    PROCTER GAMBLE CO 11,225 12,383
    PRUDENTIAL PLC SC 33,951 31,944
    REALTY INCOME CORP 17,034 13,429
    RELX PLC 13,020 13,686
    ROCHE HOLDING LTD ADR 13,703 16,089
    ROYAL BANK OF CANADA 65,202 72,213
    RYANAIR HOLDINGS PLC-ADR COM 10,533 10,448
    SANOFI-AVENTIS SPONSORED ADR 15,895 15,743
    SEA LTD 6,844 28,862
    SERVICE NOW 116,659 147,516
    SIBANYE STILLWATER 8,407 12,061
    SK TELECOM ADS ADS 13,654 16,377
    SONY CORP ADR 25,964 53,583
    SOUTHERN CO 31,589 32,926
    SPDR BARCLAYS CAPITAL EMERGING 15,461 16,269
    SPDR S&P GLOBAL DIVIDEND 14,749 15,809
    SPDR SER TR BARCLAYS CAP CONV 13,244 17,055
    STANLEY BLACK & DECKER INC 18,443 19,999
    TAIWAN SEMICONDUCTOR MFG CO LT 25,026 60,299
    TARGET CORPORATION 7,962 15,711
    TCW GALILEO TOTAL RETURN BOND 44,826 44,846
    TEXAS INSTRUMENTS INC 35,097 44,807
    THE COCA-COLA CO 14,821 16,233
    THERMO FISHER SCIENTIFIC INC 81,409 96,882
    THOMSON REUTERS CORPORATION 28,941 29,972
    TOTAL FINA ELF S.A 21,293 19,865
    TOYOTA MTR CORP 26,251 28,905
    TRANE TECHNOLOGIES PLC 14,936 20,177
    TRAVELERS COMPANIES INC 11,799 13,054
    TRUIST FINANCIAL CORPORATION 20,332 21,569
    UNILEVER PLC AMER 23,242 24,989
    UNION PACIFIC 18,935 25,403
    UNITED PARCEL SERVICE 16,237 24,586
    US BANCORP 16,454 15,934
    VERIZON COMMUNICATIONS 20,813 21,444
    VISA INC 18,927 52,495
    WAL-MART STORES INC 7,505 10,379
    WIX COM LTD 10,585 22,996
    YANDEX N V 10,533 15,725

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    Richard and Diane Van Grunsven Family
     
    Foundation
    EIN:
    27-4195377
    US Government Securities - End of Year Book Value:

    115,602
    US Government Securities - End of Year Fair Market Value:

    136,060
    State & Local Government Securities - End of Year Book Value:


    3,015
    State & Local Government Securities - End of Year Fair Market Value:


    3,326


    TY 2020 InvestmentsOtherSchedule2
    Name:
    Richard and Diane Van Grunsven Family
     
    Foundation
    EIN:
    27-4195377
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    BLACKSTONE REAL ESTATE INC TRU   252,500 251,845

    TY 2020 OtherExpensesSchedule
    Name:
    Richard and Diane Van Grunsven Family
     
    Foundation
    EIN:
    27-4195377
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 23,493     23,493
    Bank Charges 235 235    
    State or Local Filing Fees 25     25


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    Richard and Diane Van Grunsven Family
     
    Foundation
    EIN:
    27-4195377
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 45,677 45,677    


    TY 2020 TaxesSchedule
    Name:
    Richard and Diane Van Grunsven Family
     
    Foundation
    EIN:
    27-4195377
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2020 3,300      
    Foreign Tax Paid 2,470 2,470