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
Steffens Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)PO Box 455
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Pullman, WA99163
A Employer identification number

20-2420941
B Telephone number (see instructions)

(312) 444-3721
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$9,277,179J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 179,760 179,760  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 90,776
b Gross sales price for all assets on line 6a 958,536
7 Capital gain net income (from Part IV, line 2)... 225,010
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........ 270,536 404,770  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 6,412 6,412   0
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 10,250 5,631   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 60,483 60,456   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 77,145 72,499   0
25 Contributions, gifts, grants paid....... 412,000 412,000
26 Total expenses and disbursements. Add lines 24 and 25 489,145 72,499   412,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -218,609
b Net investment income (if negative, enter -0-) 332,271
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......... 424,907 395,014 395,014
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 3,867,666 Click to see attachment3,573,491 6,131,103
c Investments—corporate bonds (attach schedule)....... 1,868,322 Click to see attachment1,975,311 2,048,846
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 600,475 Click to see attachment603,598 694,835
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment6,099 Click to see attachment7,381 Click to see attachment7,381
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 6,767,469 6,554,795 9,277,179
Liabilities 17 Accounts payable and accrued expenses..........   5,935
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 5,935
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........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 6,767,469 6,548,860
29 Total net assets or fund balances (see instructions)..... 6,767,469 6,548,860
30 Total liabilities and net assets/fund balances (see instructions). 6,767,469 6,554,795
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
6,767,469
2
Enter amount from Part I, line 27a .....................
2
-218,609
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
6,548,860
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
6,548,860
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 Northern Trust - Post Contrib. Acq. - Short Term   2020-01-29 2020-12-31
b Northern Trust - Post Contrib. Acq. - Long Term   2020-01-06 2020-12-31
c Danaher Corp   2003-09-26 2020-09-30
d Nike Inc Class B   1980-01-01 2020-09-30
e General Electric Co   2005-01-01 2020-11-25
Capital Gains Dividends P    
(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 160,005   176,919 -16,914
b 590,054   553,278 36,776
c 93,107   216 92,891
d 70,227   197 70,030
e 27,905   2,916 24,989
17,238     17,238
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       -16,914
b       36,776
c       92,891
d       70,030
e       24,989
      17,238
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 2 225,010
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 4,619
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 4,619
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 4,619
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 12,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 12,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 7,381
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet7,381 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletWA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletNone
    14
    The books are in care ofbulletThe Foundation Telephone no.bullet (312) 444-3721

    Located atbulletPO Box 455PullmanWA ZIP+4bullet99163
    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
    Mary S Schweitzer President
    1.00     		0 0 0
    PO Box 455
    Pullman,WA99163
    Stephanie L Schweitzer Vice President
    0.10     		0 0 0
    PO Box 455
    Pullman,WA99163
    Edmund A Schweitzer Secretary
    0.10     		0 0 0
    PO Box 455
    Pullman,WA99163
    Paul A Schweitzer Treasurer
    0.10     		0 0 0
    PO Box 455
    Pullman,WA99163
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    7,905,564
    b
    Average of monthly cash balances.......................
    1b
    335,398
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    8,240,962
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    8,240,962
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    123,614
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    8,117,348
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    405,867
    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
    405,867
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    4,619
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    4,619
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    401,248
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    401,248
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    401,248
    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
    412,000
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    412,000
    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
    412,000
    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 7 401,248
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 406,657
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 412,000
    a Applied to 2019, but not more than line 2a 406,657
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 5,343
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		395,905
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    Mary S Schweitzer
    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
    Alternatives to Violence
    625 N Van Buren
    Moscow,ID83843     		None 501(c)(3) General Operating 10,000
    Boulder Preparatory High School
    5075 Chaparral Court 1
    Boulder,CO80301     		None 501(c)(3) General Operating 10,000
    Bridge House
    PO Box 626
    Boulder,CO80306     		None 501(c)(3) General Operating 10,000
    Catholic Charities of Eastern Washington
    12 E 5th Ave
    Spokane,WA99202     		None 501(c)(3) General Operating 20,000
    Catholic Relief Services
    PO Box 17090
    Baltimore,MD212037090     		None 501(c)(3) General Operating 30,000
    Community Action Center
    350 Fairmount Dr 1
    Pullman,WA99163     		None 501(c)(3) General Operating 20,000
    Community Action Center
    350 Fairmount Dr 1
    Pullman,WA99163     		None 501(c)(3) General Operating 5,000
    Community Action Center
    350 Fairmount Dr 1
    Pullman,WA99163     		None 501(c)(3) General Operating 10,000
    Covenant House
    Times Square Station PO Box 731
    New York,NY10108     		None 501(c)(3) General Operating 5,000
    Dominican Sisters of Peace
    3600 Broadway
    Great Bend,KS67530     		None 501(c)(3) General Operating 25,000
    Earth's Table
    PO Box 3709
    Boulder,CO80027     		None 501(c)(3) General Operating 5,000
    Edify
    8825 Aero Drive Suite 220
    San Diego,CA92123     		None 501(c)(3) General Operating 5,000
    Fort Hays State University
    225 Rarick Hall
    Hays,KS676074099     		None 501(c)(3) Science and Math Summer Camps 22,000
    Forward Steps Foundation
    370 Interlocken Blvd
    Broomfield,CO80021     		None 501(c)(3) General Operating 1,000
    Intercambio de Communidades
    4735 Walnut St B
    Boulder,CO80301     		None 501(c)(3) General Operating 5,000
    KiloWatts for Humanity
    PO Box 30511
    Seattle,WA981130511     		None 501(c)(3) General Operating 10,000
    National Council on Aging
    251 18th Street South 500
    Arlington,VA22202     		None 501(c)(3) General Operating 5,000
    Nyaka AIDS Orphans Project
    2970 E Lake Lansing Rd
    East Lansing,MI48823     		None 501(c)(3) General Operating 3,000
    Palouse Discovery Science Center
    2371 NE Hopkins CT
    Pullman,WA99163     		None 501(c)(3) General Operating 10,000
    Project Sanctuary
    PO Box 1563
    Granby,CO80446     		None 501(c)(3) General Operating 2,000
    Pullman Child Welfare
    108 NW Stadium Way
    Pullman,WA99163     		None 501(c)(3) General Operating 5,000
    Pullman Regional Hospital Foundation
    840 SE Bishop Blvd Ste 200
    Pullman,WA99163     		None 501(c)(3) General Operating 25,000
    San Felipe Humanitarian Alliance
    638 Camino de los Mares
    San Clemente,CA92673     		None 501(c)(3) General Operating 10,000
    Semper Fi & America's Fund
    825 College Blvd Ste 102 PMB 609
    Oceanside,CA92057     		None 501(c)(3) General Operating 10,000
    Shriners Hospital for Children
    POBox 2472
    Spokane,WA992102472     		None 501(c)(3) General Operating 20,000
    Sister Carmen Community Center
    655 Aspen Ridge
    Lafayette,CO80026     		None 501(c)(3) General Operating 5,000
    Snake River Community Clinic
    215 10th St
    Lewiston,ID83501     		None 501(c)(3) General Operating 5,000
    St Joseph's Indian School
    1301 N Main St
    Chamberlain,SD57326     		None 501(c)(3) General Operating 5,000
    Sweet Dreams in a Bag
    9249 S Broadway Unit 200 Suite 198
    Littleton,CO80129     		None 501(c)(3) General Operating 2,000
    Vanessa Behan Crisis Nursery
    1004 E 8th Ave
    Spokane,WA99201     		None 501(c)(3) General Operating 25,000
    Walla Walla Community College Foundation
    500 Tausick Way
    Walla Walla,WA99362     		None 501(c)(3) General Operating 25,000
    Washington State University Foundation
    255 E Main Street Ste 301
    Pullman,WA991641925     		None 501(c)(3) General Operating 5,000
    Washington State University Foundation
    255 E Main Street Ste 301
    Pullman,WA991641925     		None 501(c)(3) General Operating 25,000
    Whitman County Humane Society
    126 South Grand Ave
    Pullman,WA99163     		None 501(c)(3) General Operating 20,000
    Wild Animal Sanctuary
    1946 County Road 53
    Keensburg,CO80643     		None 501(c)(3) General Operating 10,000
    Workshops for Warriors
    2970 Main St
    San Diego,CA92113     		None 501(c)(3) General Operating 2,000
    Total .................................bullet 3a 412,000
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 179,760  
    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 90,776  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 270,536 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    270,536
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    Steffens Foundation
    EIN:
    20-2420941
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Professional Fees 6,412 6,412   0

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    Steffens Foundation
    EIN:
    20-2420941
    Name of Bond End of Year Book Value End of Year Fair Market Value
    MFB Northern Fds Bd Index Fd 1,000,555 1,096,746
    MFB Northern FDS Short BD FD 200,000 200,837
    MFB Northern HY Fixed 539,633 502,319
    MFO Blackrock Fds V High Yield 97,000 101,837
    MFO Vanguard Inflation Protected Securities Fd 138,123 147,107

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    Steffens Foundation
    EIN:
    20-2420941
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABB LTD Sponsored Adr 7,595 10,345
    Accenture Plc Shs Cl A 9,733 14,628
    Adyen N V ADR 7,722 9,141
    Aia Group Ltd Sponsored Adr 14,834 18,031
    Airbus SE Unspon ADR EA Repr 4,975 8,387
    Akzo Nobel N V Sponsored Adr 7,493 9,592
    Alcon Ag Com Usd 9,521 10,359
    Alphabet Inc 73,426 183,947
    Amadeus It Group S A Ads 5,455 8,416
    Amadeus It Group S A Ads 10,442 10,369
    American Express 57,962 88,869
    Aon PLC 6,484 6,761
    Apple Inc 50,924 416,116
    Arcelormittal Luxembourg N Y Registry 1,702 3,550
    Asml Holding Nv Ny Reg 2012 7,150 17,558
    Atlas Copco Ab Sponsored Adr New Restf Com Ser A 5,789 10,012
    AXA SA Sponsored ADR 8,616 10,179
    Baidu Inc. 4,460 7,136
    Balfour Beatty PLC Sponsored 2,396 2,016
    Banco Bilbao Vizcaya Argentaria 8,421 10,226
    Barclays PLC ADR 5,457 8,413
    BASF Aktiengesellschaft Level I 13,120 13,343
    Bayer A G Sponsored Adr 5,298 4,675
    BNP Paribas 6,484 8,622
    BP PLC Sponsored 5,838 4,555
    Bristol Myers Squibb 47,074 103,159
    Brit Amern TOB 11,743 9,502
    Caixabank ADR 8,080 7,463
    Canadian Pac Ry LTD 10,287 16,328
    Carrefour Sa Sponsored Adr 5,339 5,128
    Cisco Sys. 55,089 142,663
    Compagnie Financiere Richmoni Ag Switz Adr 7,601 9,915
    Compass Group Plc Spon Adr Each Rep 1 Ord Shs 3,416 4,776
    Credit Suisse Group AG Sponsored 981 986
    Csl Ltd Sponsored Adr 10,438 16,523
    Danaher Corp. 36,000 96,265
    Danone Sponsored Adr 8,031 7,153
    Deutsche Post AG Sponsored ADR 685 947
    Dominion Energy Inc Com Stk Npv 23,791 37,976
    Dsv Panalpina A/S 7,290 13,275
    Enel Societa Per Azioni ADR 6,434 7,602
    Experian Plc 10,512 13,893
    Exxon Mobil Corp. 138,982 100,453
    Facebook Inc. 112,757 230,820
    Fanuc Corporation 5,697 8,395
    Ferrari N V Ferrari N V Common 5,410 8,033
    Fortive Corp 217 55,381
    Glaxosmithkline PLC Sponsored ADR 60,581 59,773
    Grupo Financiero Banorte S A B DE 2,587 2,972
    Halliburton Co Com. 58,027 26,082
    Hdfc Bk Ltd Adr Repstg 12,801 15,319
    Home Depot Inc. 25,926 194,699
    Honeywell Intl Inc Com Stk 90,069 112,731
    Icon Plc Com 4,147 5,849
    Infineon Technologies Ag Sponsored Adr 4,846 9,098
    ING Groep N V Sponsored Adr 10,362 12,791
    International Business Machines 58,991 44,058
    International Cons Airls Group SA 1,608 2,721
    JP Morgan Chase & Co 55,037 152,484
    Lonza Group AG ADR 10,240 10,573
    Lululemon Athletica Inc Com 7,184 11,485
    Lvmh Moet Hennessy Louis Vuitton Adr 9,846 16,090
    Mastercard Inc Cl A 80,783 84,595
    Mercadolibre Inc Com Stk 7,990 21,778
    Mettler-Toledo Intl Inc Com 6,512 10,257
    MFB Northern Equity Index Funds Intl 791,271 926,890
    MFB Northern FDS Small Cap Value 266,869 321,186
    MFC Spdr S&P Midcap 400 Etf Tr Unit Ser 51,141 62,362
    MFO AIM Invesco Oppenheimer 384,202 678,559
    Murata Mfg Co Ltd Adr 6,414 10,557
    Nestle S A Sponsored Adr Repstg Reg Sh 8,996 10,955
    Nike Inc. 17,369 255,919
    Novartis AG 40,214 78,849
    Novartis AG 10,614 12,842
    Oracle Corporation 52,200 129,380
    Pepsico Inc. 64,153 172,169
    Pernod Ricard S A Adr 4,339 4,295
    Pernod Ricard S A Adr 7,221 7,938
    Proctor & Gamble Co. 65,858 170,029
    Prudential PLC 5,739 6,241
    Raytheon (United) Technologies Corp 53,149 74,728
    Resmed Inc Com 7,469 14,242
    Roche Hldg LTD 8,139 9,601
    Rolls Royce Holdings PLC Sponsored ADR 14,283 11,626
    RWE Aktiengesellschaf (RWEOY) 5,592 6,408
    Ryanair Hldgs Plc Sponsored Adr 4,114 7,369
    Salesforce 57,619 178,024
    Sands China LTD Unsponsored ADR 4,013 4,276
    Sanoh Sponsored ADR 11,007 10,641
    SAP SE-Sponsored ADR 4,589 6,650
    Shopify Inc Cl A Shopify Inc 2,580 11,320
    Siemens Ag Com Dm50 8,524 11,271
    Sika AG ADR 6,695 9,694
    Smith & Nephew Group P L C Sponsored Adr 9,847 9,024
    State Str. Corp. 78,915 125,122
    Steris Plc Ord Usd 6,447 9,287
    Sumitomo Mitsui Finl Group Inc Sponsored Adr 7,292 6,725
    Taiwan Semiconductor Manufacturing Spon Ads 9,251 23,628
    Takeda Pharmaceutic SP 14,147 12,321
    Tencent Hldgs Ltd Adr 7,145 10,640
    Total SE Spon ADS EA Rep 7,663 7,579
    Unicredit Spa ADR 13,788 12,888
    Valeo Sponsored 2,607 3,685
    Vincis A ADR 5,117 6,230
    Volkswagen Credit Canada Inc ADR 14,302 19,370
    Volvo AB ADR 2,766 4,600
    Zimmer Biomet Hldgs 57,312 81,795
    Zurich Ins Group LTD Sponsored 7,831 8,951

    TY 2020 InvestmentsOtherSchedule2
    Name:
    Steffens Foundation
    EIN:
    20-2420941
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MFB Northern Multi Manager Global Listed Infrastructure Fd AT COST 317,782 353,233
    MFC Flexshares TR Morningstar Global Upstream Nat Res Index AT COST 238,807 290,745
    MFC Flexshares TR Stoxx Global Broad Infrastructure AT COST 47,009 50,857

    TY 2020 OtherAssetsSchedule
    Name:
    Steffens Foundation
    EIN:
    20-2420941
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    Organization Costs 1,010 1,010 1,010
    Accumulated Amortization Org. Costs -983 -1,010 -1,010
    Prepaid Federal Excise Tax 6,072 7,381 7,381


    TY 2020 OtherExpensesSchedule
    Name:
    Steffens Foundation
    EIN:
    20-2420941
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Fees 26,456 26,456   0
    Amortization 27 0   0
    Custodian & Management Fees 33,852 33,852   0
    Advisor Fees 148 148   0


    TY 2020 TaxesSchedule
    Name:
    Steffens Foundation
    EIN:
    20-2420941
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Foreign Tax Withheld 5,631 5,631   0
    Federal Excise Tax 4,619 0   0