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
CARES FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)1500 21ST STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SACRAMENTO, CA958115216
A Employer identification number

45-2544055
B Telephone number (see instructions)

(916) 914-6274
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$34,701,008J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 2,730
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 660,320 660,320  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 89,493
b Gross sales price for all assets on line 6a 89,581
7 Capital gain net income (from Part IV, line 2)... 89,493
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........ 752,543 749,813  
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 25,660 19,245   6,416
c Other professional fees (attach schedule).... Click to see attachment 240,603 149,128   101,698
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 13,690 0   160
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 200 0   400
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 15,257 1,679   14,269
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 295,410 170,052   122,943
25 Contributions, gifts, grants paid....... 42,000 1,322,500
26 Total expenses and disbursements. Add lines 24 and 25 337,410 170,052   1,445,443
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 415,133
b Net investment income (if negative, enter -0-) 579,761
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............. 1,497,156 1,325,200 1,325,200
2 Savings and temporary cash investments......... 340,698 307,155 307,155
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet   1,583    
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.......... 7,058 7,168 7,168
10a Investments—U.S. and state government obligations (attach schedule) 1,520,386 Click to see attachment1,362,996 1,362,996
b Investments—corporate stock (attach schedule)....... 22,968,434 Click to see attachment26,083,783 26,083,783
c Investments—corporate bonds (attach schedule)....... 1,444,198 Click to see attachment1,294,696 1,294,696
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 4,818,858 Click to see attachment4,320,010 4,320,010
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) 32,598,371 34,701,008 34,701,008
Liabilities 17 Accounts payable and accrued expenses.......... 68,095 5,877
18 Grants payable................. 1,280,500  
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) Click to see attachment38,409 Click to see attachment94,545
23 Total liabilities (add lines 17 through 22)......... 1,387,004 100,422
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........... 31,211,367 34,600,586
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    
29 Total net assets or fund balances (see instructions)..... 31,211,367 34,600,586
30 Total liabilities and net assets/fund balances (see instructions). 32,598,371 34,701,008
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
31,211,367
2
Enter amount from Part I, line 27a .....................
2
415,133
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
2,974,086
4
Add lines 1, 2, and 3 ..........................
4
34,600,586
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
34,600,586
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 PUBLIC TRADED SECURITIES P 2020-01-01 2020-06-30
b PUBLIC TRADED SECURITIES P 2019-01-01 2020-12-31
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     88 -88
b 89,581     89,581
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       -88
b       89,581
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 89,493
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 8,059
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 8,059
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 8,059
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 7,841
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 4,500
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 12,341
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 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 4,282
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet4,282 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)
    bulletCA
    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 addressbulletWWW.THECARESFOUNDATION.ORG
    14
    The books are in care ofbulletSASHI JIT Telephone no.bullet (916) 914-6274

    Located atbullet1500 21ST STREETSACRAMENTOCA ZIP+4bullet958115216
    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
    FRED MEYERS PRESIDENT
    1.00     		0 0 0
    1500 21ST STREET
    SACRAMENTO,CA958115216
    MARK THOMAS VICE PRESIDENT
    1.00     		0 0 0
    1500 21ST STREET
    SACRAMENTO,CA958115216
    OLIVIA KASIRYE SECRETARY
    1.00     		0 0 0
    1500 21ST STREET
    SACRAMENTO,CA958115216
    JOHN KAY CFO
    1.00     		0 0 0
    1500 21ST STREET
    SACRAMENTO,CA958115216
    ASHLEY BRAND MEMBER
    1.00     		0 0 0
    1500 21ST STREET
    SACRAMENTO,CA958115216
    ERIN CABELERA MEMBER
    1.00     		0 0 0
    1500 21ST STREET
    SACRAMENTO,CA958115216
    RICHARD POLLARD MEMBER
    1.00     		0 0 0
    1500 21ST STREET
    SACRAMENTO,CA958115216
    MICHAEL MARTINEZ MEMBER
    1.00     		0 0 0
    1500 21ST STREET
    SACRAMENTO,CA958115216
    BOB STYRON MEMBER
    1.00     		0 0 0
    1500 21ST STREET
    SACRAMENTO,CA958115216
    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
    CARBONE JOY CONSULTING LLC CONSULTING SERVICES 85,941
    3621 LOMA DRIVE
    SHINGLE SPRINGS,CA95682
    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
    30,218,353
    b
    Average of monthly cash balances.......................
    1b
    1,646,143
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    31,864,496
    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
    31,864,496
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    477,967
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    31,386,529
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,569,326
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,569,326
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    8,059
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    8,059
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,561,267
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,561,267
    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
    1,561,267
    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
    1,445,443
    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
    1,445,443
    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
    1,445,443
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 1,561,267
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 744,266
    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$ 1,445,443
    a Applied to 2019, but not more than line 2a 744,266
    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..... 701,177
    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 ..........     		860,090
    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).)
    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 e-mail address of the person to whom applications should be addressed:
    ASHLEY BRAND
    1500 21ST STREET
    SACRAMENTO,CA95811
    (916) 914-6390
    bThe form in which applications should be submitted and information and materials they should include:
    THE REQUESTOR MUST COMPLETE A LETTER OF INQUIRY (LOI) FOR REVIEW AND APPROVAL PRIOR TO SUBMITTING A GRANT APPLICATION
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GRANTS WILL SUPPORT ORGANIZATIONS IN THE GREATER SACRAMENTO AREA THAT DIRECTLY SERVE THE NEEDS OF PEOPLE WITH HIV/AIDS OR AID IN THE PREVENTION OF HIV/AIDS TRANSMISSION
    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
    ONE COMMUNITY HEALTH
    1500 21ST ST
    SACRAMENTO,CA95811     		N/A PC HIV PREVENTION 370,000
    PLANNED PARENTHOOD MARMONTE
    201 29TH ST SUITE A
    SACRAMENTO,CA95816     		N/A PC HIV/STD PREVENTION 80,000
    HARM REDUCTION SERVICES
    2800 STOCKTON BLVD
    SACRAMENTO,CA95817     		N/A PC PROJECT REACH 140,000
    SACRAMENTO LGBT COMMUNITY CENTER
    1015 20TH STREET
    SACRAMENTO,CA95811     		N/A PC LGBTQ HEALTH AND WELLNESS 130,000
    WIND YOUTH SERVICES
    815 S STREET
    SACRAMENTO,CA95811     		N/A PC HIV/STI EDUCATION 138,000
    COMMUNITY AGAINST SEXUAL HARM
    3101 1ST AVE
    SACRAMENTO,CA95817     		N/A PC TESTING EDUCATION AND OUTREACH 16,250
    COMMUNITY AGAINST SEXUAL HARM
    3101 1ST AVE
    SACRAMENTO,CA95817     		N/A PC TESTING EDUCATION AND OUTREACH 21,250
    GENDER HEALTH CENTER
    2020 29TH STREET SUITE 201
    SACRAMENTO,CA95817     		N/A PC HIV PREV. INTERVENTION & EDUCATION 125,000
    SAFER ALTERNATIVES THROUGH NETWORKING & EDUCATION
    8015 FREEPORT BLVD
    SACRAMENTO,CA95832     		N/A PC SYRINGE ACCESS PROGRAM 37,000
    FREED CENTER FOR INDEPENDENT LIVING
    435 SUTTON WAY
    GRASS VALLEY,CA95945     		N/A PC HIV/AIDS LOCAL OUTREACH 25,000
    SACRAMENTO COUNTY PUBLIC HEALTH
    7001-A EAST PARKWAY SUITE 1000
    SACRAMENTO,CA95823     		N/A PC PREP NAVIGATION 200,000
    CENTRAL VALLEY
    4150 V STREET PSSB G-500
    SACRAMENTO,CA95817     		N/A PC HIV PREVENTION AND EDUCATION 40,000
    Total .................................bullet 3a 1,322,500
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 660,320  
    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 89,493  
    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).. 0 749,813 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    749,813
    (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:
    CARES FOUNDATION
    EIN:
    45-2544055
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 25,660 19,245   6,416

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    CARES FOUNDATION
    EIN:
    45-2544055
    Name of Bond End of Year Book Value End of Year Fair Market Value
    SHELL INTL FIN NTS B/E 105,067 105,067
    VERIZON COMMUNICATIONS 102,547 102,547
    CVS HEALTH CORP NTS B/E 118,997 118,997
    WELLS FARGO & CO B/E 105,424 105,424
    CITIGROUP INC B/E 105,434 105,434
    COMCAST CORP NTS B/E 104,728 104,728
    JPMORGAN CHASE & CO B/E 139,884 139,884
    GOLDMAN SACHS GROUP INC 104,723 104,723
    BANK OF AMER CORP B/E 0BP 104,320 104,320
    GENL ELEC CAP CORP NTS 81,320 81,320
    MICROSOFT CORP B/E 141,473 141,473
    ENTERPRISE PRODUCTS OPER 80,779 80,779

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    CARES FOUNDATION
    EIN:
    45-2544055
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABS 9,197 9,197
    ACCENTURE PLC IRELAND CL A 31,345 31,345
    AIR PROD & CHEMICAL INC 54,098 54,098
    ALEXANDRIA REAL ESTATE 16,040 16,040
    ALTRIA GROUP INC 28,044 28,044
    AMER EXPRESS CO 62,994 62,994
    AMERISOURCEBERGEN CORP 34,314 34,314
    AMGEN INC 23,452 23,452
    ANALOG DEVICES INC 93,365 93,365
    APPLE INC 34,765 34,765
    AUTOMATIC DATA PROCESSNG INC 38,412 38,412
    AVALONBAY COMMUNITIES INC SBI 27,915 27,915
    BANK OF AMER CORP 88,808 88,808
    BECTON DICKINSON & CO 42,037 42,037
    BEST BUY CO INC 39,716 39,716
    BLACKROCK INC 108,231 108,231
    BOSTON PROPERTIES INC 11,533 11,533
    BRISTOL MYERS SQUIBB CO 92,549 92,549
    CAPITAL ONE FINCL CORP 20,956 20,956
    CHEVRON CORP 57,595 57,595
    CHUBB LTD CHF 45,714 45,714
    CITIGROUP INC 21,704 21,704
    CME GROUP INC 86,110 86,110
    CMS ENERGY CORP 34,227 34,227
    COCA COLA CO COM 38,004 38,004
    COMCAST CORP NEW CL A 112,503 112,503
    CONOCOPHILLIPS 62,864 62,864
    CVS HEALTH CORP 36,950 36,950
    DEERE AND CO 54,079 54,079
    DOVER CORP 81,684 81,684
    EATON CORP PLC 73,285 73,285
    ENTERGY CORP NEW 18,071 18,071
    EOG RESOURCES INC 23,190 23,190
    FIDELITY NATL INFORMATION SVCS 49,794 49,794
    GALLAGHER ARTHUR J & CO 32,907 32,907
    GENL DYNAMICS CORP 52,087 52,087
    HARTFORD FINCL SERVICES GROUP INC 33,257 33,257
    HASBRO INC 33,768 33,768
    HOME DEPOT INC 72,514 72,514
    HONEYWELL INTL INC 40,413 40,413
    INTL BUSINESS MACH 35,372 35,372
    JOHNSON & JOHNSON COM 93,169 93,169
    LILLY ELI & CO 54,366 54,366
    MARSH & MCLENNAN COS INC 14,040 14,040
    MCDONALDS CORP 62,657 62,657
    MEDTRONIC PLC 83,989 83,989
    MERCK & CO INC NEW COM 33,293 33,293
    METLIFE INC 32,302 32,302
    MICROSOFT CORP 62,722 62,722
    MONDELEZ INTL INC 64,259 64,259
    MORGAN STANLEY 71,477 71,477
    NEXTERA ENERGY INC COM 82,396 82,396
    NORFOLK STHN CORP 55,126 55,126
    NORTHROP GRUMMAN CORP 31,386 31,386
    NTHN TRUST CORP 19,559 19,559
    OTIS WORLDWIDE CORP 14,186 14,186
    PARKER HANNIFIN CORP 75,458 75,458
    PEPSICO INC 52,647 52,647
    PFIZER INC 25,325 25,325
    PHILIP MORRIS INTL INC 80,720 80,720
    PNC FINANCIAL SERVICES GROUP 91,039 91,039
    PPG INDUSTRIES INC 65,043 65,043
    PRICE T ROWE GROUP INC 39,059 39,059
    PROCTER & GAMBLE CO 45,916 45,916
    PROGRESSIVE CORP OHIO 32,927 32,927
    PROLOGIS INC COM 17,739 17,739
    PUBLIC SERVICE ENTERPRSE 23,262 23,262
    RAYTHEON TECHNOLOGIES CORP 69,722 69,722
    REALTY INCOME CORP MD SBI 6,839 6,839
    REPUBLIC SERVICES INC 35,438 35,438
    SCHWAB CHARLES CORP NEW 43,917 43,917
    STANLEY BLACK & DECKER INC COM 36,069 36,069
    STARBUCKS CORP 32,094 32,094
    SYSCO CORP 61,710 61,710
    TEXAS INSTRUMENTS 90,764 90,764
    TJX COS INC NEW 53,130 53,130
    TRANE TECHNOLOGIES PLC 23,951 23,951
    TRUIST FINL CORP 41,651 41,651
    UNITEDHEALTH GROUP INC 80,656 80,656
    US BANCORP DEL (NEW) 43,049 43,049
    VALERO ENERGY CORP NEW 13,690 13,690
    VENTAS INC 15,644 15,644
    VERIZON COMMUNICATIONS INC 68,620 68,620
    VF CORP 23,915 23,915
    VORNADO REALTY TRUST 4,257 4,257
    WALMARTINC 55,209 55,209
    XCEL ENERGY INC 46,336 46,336
    ISHARES CORE S&P TOTAL US STOCK M KT ETF 4,658,638 4,658,638
    ISHARES MSCI USA MIN VOL FACTOR ETF 4,115,971 4,115,971
    VANGUARD DIVID APPRECIATION ETF 2,219,050 2,219,050
    ALIBABA GROUP HLDG LTD SPON 185,719 185,719
    ALPHABET INC CL A 108,664 108,664
    ALPHABET INC CL C 108,617 108,617
    AMAZON.COM INC 283,352 283,352
    AUTODESK INC 208,853 208,853
    AUTOMATIC DATA PROCESSNG INC 29,073 29,073
    BOEING COMPANY 166,325 166,325
    CERNER CORP 66,237 66,237
    CISCO SYSTEMS INC 68,736 68,736
    COLGATE PALMOLIVE CO 63,021 63,021
    DEERE AND CO 149,054 149,054
    EXPEDITORS INTL WASH INC 91,781 91,781
    FACEBOOK INC CL A 224,538 224,538
    FACTSET RESH SYSTEMS INC 61,513 61,513
    ILLUMINA INC 82,510 82,510
    INTUITIVE SURGICAL INC NEW 53,995 53,995
    MICROSOFT CORP 162,367 162,367
    MONSTER BEVERAGE CORP NEW COM 140,570 140,570
    NOVARTIS AG SPON ADR 127,008 127,008
    NOVO NORDISK ADR DENMARK ADR 37,509 37,509
    NVIDIA CORP 183,292 183,292
    ORACLE CORP 152,345 152,345
    QUALCOMM INC 111,665 111,665
    REGENERON PHARMACEUTICLS INC 100,004 100,004
    ROCHE HLDG LTD SPONS ADR SWITZ ADR 100,613 100,613
    SALESFORCE.COM INC 148,873 148,873
    SCHLUMBERGER LTD NETHERLANDS ANTILLES 41,695 41,695
    SEI INVESTMENTS CO 60,056 60,056
    STARBUCKS CORP 98,957 98,957
    VISA INC CL A 227,260 227,260
    WALT DISNEY CO (HOLDING CO) DISNEY COM 139,509 139,509
    WORKDAY INC CL A 59,663 59,663
    YUM CHINA HLDGS INC 38,364 38,364
    YUM! BRANDS INC 53,412 53,412
    ADECCO GROUP AG UNSPONSORED 78,684 78,684
    AIA GROUP LTD SPON ADR 74,383 74,383
    AIR LIQUIDE ADR FRANCE ADR 59,366 59,366
    AIRBUS SE UNSPONSORED ADR 63,738 63,738
    ALIBABA GROUP HLDG LTD SPON ADR 82,619 82,619
    AMADEUS IT GROUP UNSPONSORED ADR 32,911 32,911
    ANGLO AMERN PLC SPON ADR 101,422 101,422
    ASML HLDG NV SPON ADR 64,379 64,379
    BAE SYSTEMS PLC SPON ADR 48,626 48,626
    BRAMBLES LTD SPON ADR 59,036 59,036
    CAPGEMINI SE UNSPONSORED ADR 66,531 66,531
    CARLSBERG AS SPON ADR 65,447 65,447
    COMPAGNIE DE SAINT-GOBAIN ADR 77,306 77,306
    DANONE SPON ADR 55,950 55,950
    DBS GROUP HLDGS LTD. SPON ADR 72,019 72,019
    DEUTSCHE POST AG SPON ADR 95,194 95,194
    DEUTSCHE BOERSE ADR 63,138 63,138
    DNB ASA SPON ADR 73,243 73,243
    ENEL SPA ADR 69,365 69,365
    FANUC CORP ADR 61,602 61,602
    HITACHI LTD ADR NEW JAPAN 65,426 65,426
    INDUSTRIA DE DISENO TEXTIL IND ADR 97,202 97,202
    JULIUS BAER GROUP LTD ADR 63,950 63,950
    KBC GROUP NV ADR 62,976 62,976
    KOMATSU LTD SPON ADR NEW 70,589 70,589
    KONINKLIJKE AHOLD DELHAIZE NV SPON ADR 54,982 54,982
    KONINKLIJKE PHILIPS NV SPON ADR 62,296 62,296
    MERCK KGAA SPON ADR 95,549 95,549
    MURATA MFG CO LTD ADR 64,340 64,340
    NORDEA BK ABP SPON ADR 69,009 69,009
    PERNOD RICARD SA ADR 97,946 97,946
    PROSUS N V SPON ADR 91,749 91,749
    RECKITT BENCKISER PLC SPON ADR 55,864 55,864
    ROCHE HLDG LTD SPONS ADR SWITZ ADR 56,203 56,203
    RWE AG ADR 63,363 63,363
    SANDS CHINA LTD UNSPONSORED ADR 96,640 96,640
    SANOFI SPON ADR 51,360 51,360
    SAP SE SPON ADR 71,063 71,063
    SIEMENS AG SPON ADR 99,501 99,501
    SMITH & NEPHEW PLC NEW 50,140 50,140
    TAIWAN SEMICONDUCTOR MFG CO LTD ADR 70,658 70,658
    TEMENOS AG SPON ADR 69,252 69,252
    UCB SA ADR 55,749 55,749
    YUM CHINA HLDGS INC 59,716 59,716
    ZURICH INS GROUP LTD SPON ADR 63,837 63,837
    ACCENTURE PLC IRELAND CL A 156,204 156,204
    ADIDAS AG SPON ADR 162,495 162,495
    ALIBABA GROUP HLDG LTD SPON ADR 239,712 239,712
    AMADEUS IT GROUP UNSPONSORED ADR 54,702 54,702
    AON PLC CLA 139,227 139,227
    BUNZL PLC NEW SPON ADR 96,526 96,526
    CHECK POINT SOFTWARE TECH LTD ILS 78,550 78,550
    COLOPLAST AS SPON ADR 28,143 28,143
    CSL LTD SPON ADR 152,007 152,007
    DASSAULT SYSTEMS SA SPON ADR 68,637 68,637
    EXPERIAN PLC SPON ADR 116,234 116,234
    ICON PLC EUR 214,088 214,088
    INDUSTRIA DE DISENO TEXTIL IND ADR 89,551 89,551
    LVMH MOET HENNESSY LOUIS NEW ADR 101,655 101,655
    MEDTRONIC PLC 168,330 168,330
    NESTLE S A SPONSORED ADRREPSTG REG SHS SWITZ ADR 82,578 82,578
    NEW ORIENTAL EDUCATION & TECHNOLOGY GROUP INC SPON ADR 172,617 172,617
    SAGE GROUP PLC UN SPONSORED ADR 121,801 121,801
    SAP SE SPON ADR 154,382 154,382
    SIEMENS HEALTHINEERS AG ADR 126,100 126,100
    TEMENOS AG SPON ADR 93,611 93,611
    TENCENT HLDGS LTD ADR 255,210 255,210
    UNILEVER PLC AMER SHS NEW SPON ADR 97,662 97,662
    WAL MART DE MEXICO SAB DE CV CL V SPON ADR 52,340 52,340
    AMER FUNDS NEW WORLD FUND CLASS F2 359,852 359,852
    GQG PARTNERS EMERGING MARKETS EQUITY FUND 523,855 523,855

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    CARES FOUNDATION
    EIN:
    45-2544055
    US Government Securities - End of Year Book Value:

    1,362,996
    US Government Securities - End of Year Fair Market Value:

    1,362,996
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2020 InvestmentsOtherSchedule2
    Name:
    CARES FOUNDATION
    EIN:
    45-2544055
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    FNMA PL MA4204 AT COST 208,135 208,135
    FHLMC PL G08737 AT COST 113,703 113,703
    FHLMC PL ZT1546 AT COST 136,755 136,755
    FHLMC PL SD8010 AT COST 26,012 26,012
    FHLMC PL SD8113 AT COST 223,751 223,751
    WESTERN ASSET SMASH SERIES M FUND AT COST 1,124,081 1,124,081
    WESTERN ASSET SMASH SERIES C FUND AT COST 826,683 826,683
    WESTERN ASSET SMASH SERIES CORE PLUS AT COST 1,660,890 1,660,890

    TY 2020 OtherExpensesSchedule
    Name:
    CARES FOUNDATION
    EIN:
    45-2544055
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INSURANCE 12,778 0   13,010
    BANK FEES 1,679 1,679   0
    OFFICE EXPENSES 185 0   319
    FOOD 219 0   544
    WEB SERVICES 396 0   396


    TY 2020 OtherIncreasesSchedule
    Name:
    CARES FOUNDATION
    EIN:
    45-2544055
    Description Amount
    UNREALIZED GAIN ON INVESTMENTS 2,974,086


    TY 2020 OtherLiabilitiesSchedule
    Name:
    CARES FOUNDATION
    EIN:
    45-2544055
    Description Beginning of Year - Book Value End of Year - Book Value
    ACCRUED EXCISE TAX 38,409 94,545


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    CARES FOUNDATION
    EIN:
    45-2544055
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MANAGEMENT FEES 5,534 0   7,334
    INVESTMENT FEES 149,128 149,128   0
    CONSULTANT FEES 85,941 0   94,364


    TY 2020 TaxesSchedule
    Name:
    CARES FOUNDATION
    EIN:
    45-2544055
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 13,530 0   0
    STATE FILING FEES 160 0   160