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
GOOSEFOOT COMMUNITY FUND
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 114
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LANGLEY, WA98260
A Employer identification number

91-1960139
B Telephone number (see instructions)

(360) 321-4535
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$8,512,753J 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) 70,655
2 Check bullet.............
3 Interest on savings and temporary cash investments 3,709 3,709 3,709
4 Dividends and interest from securities...      
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 1,840,641 0 1,840,641
12 Total. Add lines 1 through 11........ 1,915,005 3,709 1,844,350
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 86,738 3,709 83,029 0
14 Other employee salaries and wages...... 181,684 0 181,684 0
15 Pension plans, employee benefits....... 34,282 0 34,282 0
16a Legal fees (attach schedule)......... Click to see attachment 2,278 0 2,278 0
b Accounting fees (attach schedule)....... Click to see attachment 26,805 0 26,805 0
c Other professional fees (attach schedule)....        
17 Interest............... 117,404 0 117,404 0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 191,100 0 191,100 0
19 Depreciation (attach schedule) and depletion... Click to see attachment 286,752 0 286,752
20 Occupancy.............. 179,911 0 179,911 0
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 287,596 0 287,596 0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,394,550 3,709 1,390,841 0
25 Contributions, gifts, grants paid....... 168,581 168,581
26 Total expenses and disbursements. Add lines 24 and 25 1,563,131 3,709 1,390,841 168,581
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 351,874
b Net investment income (if negative, enter -0-) 0
c Adjusted net income (if negative, enter -0-)... 453,509
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............. 26,589 51,612 51,612
2 Savings and temporary cash investments......... 311,042 286,575 286,575
3 Accounts receivable bullet21,330
Less: allowance for doubtful accounts bullet   35,597 21,330 21,330
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) bullet117,664
Less: allowance for doubtful accounts bullet0 120,120 117,664 117,664
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 4,673 115,831 115,831
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,948,964 Click to see attachment2,452,784 2,452,784
14 Land, buildings, and equipment: basis bullet15,791,989
Less: accumulated depreciation (attach schedule) bullet3,940,886 11,965,484 Click to see attachment11,851,103 5,466,957
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 14,412,469 14,896,899 8,512,753
Liabilities 17 Accounts payable and accrued expenses.......... 96,273 57,138
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)...... 2,233,185 2,113,036
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 2,329,458 2,170,174
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........... 12,083,011 12,726,725
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)..... 12,083,011 12,726,725
30 Total liabilities and net assets/fund balances (see instructions). 14,412,469 14,896,899
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
12,083,011
2
Enter amount from Part I, line 27a .....................
2
351,874
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
291,840
4
Add lines 1, 2, and 3 ..........................
4
12,726,725
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
12,726,725
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.)
1a
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2  
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 0
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 0
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 0
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 0
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 0
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 0
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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
    Yes
     
    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.GOOSEFOOT.ORG
    14
    The books are in care ofbulletJEANNE CELESTE Telephone no.bullet (360) 321-4535

    Located atbulletPO BOX 114LANGLEYWA ZIP+4bullet98260
    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
    SANDRA WHITING EXECUTIVE DIRECTOR
    40.00     		86,738 2,602 0
    PO BOX 114
    LANGLEY,WA98260
    JEAN SINGER PRESIDENT
    10.00     		0 0 0
    PO BOX 114
    LANGLEY,WA98260
    CHRIS SALOMONE VICE PRESIDENT
    5.00     		0 0 0
    PO BOX 114
    LANGLEY,WA98260
    BOB GENTZ TREASURER
    10.00     		0 0 0
    PO BOX 114
    LANGLEY,WA98260
    JANICE O'MAHONY SECRETARY
    2.00     		0 0 0
    PO BOX 114
    LANGLEY,WA98260
    CANDACE JORDAN BOARD MEMBER
    1.00     		0 0 0
    PO BOX 114
    LANGLEY,WA98260
    KEVIN ENGSTROM BOARD MEMBER
    2.00     		0 0 0
    PO BOX 114
    LANGLEY,WA98260
    LEIGH BLOOM BOARD MEMBER
    3.00     		0 0 0
    PO BOX 114
    LANGLEY,WA98260
    PAM LELOUP BOARD MEMBER
    3.00     		0 0 0
    PO BOX 114
    LANGLEY,WA98260
    BETSY HOFIUS BOARD MEMBER
    1.00     		0 0 0
    PO BOX 114
    LANGLEY,WA98260
    PATTY IMES BOARD MEMBER
    2.00     		0 0 0
    PO BOX 114
    LANGLEY,WA98260
    TED RAVETZ BOARD MEMBER
    1.00     		0 0 0
    PO BOX 114
    LANGLEY,WA98260
    MARK GAPPA BOARD MEMBER
    1.00     		0 0 0
    PO BOX 114
    LANGLEY,WA98260
    MARCIA WHILEY BOARD MEMBER
    1.00     		0 0 0
    PO BOX 114
    LANGLEY,WA98260
    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
    MARIAN MYSKOWSKI PROGRAM DIRECTOR
    40.00     		75,440 2,263 0
    PO BOX 1375
    LANGLEY,WA98260
    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 PRESERVATION OF HISTORIC BUILDINGS, RURAL CHARACTER AND NATURAL ENVIRONMENT OF ISLAND COUNTY THROUGH ECONOMIC DEVELOPMENT TO COMBAT COMMUNITY DETERIORATION. 966,973
    2 COMMUNITY AND CULTURAL DEVELOPMENT BY HOLDING EVENTS AND A WEEKLY FARMER'S MARKET. (EVENTS CURTAILED DUE TO PANDEMIC.) 97,921
    3 WORK COLLABORATIVELY WITH LOCAL NONPROFITS BY PROVIDING DIRECT MONETARY GRANTS FOR ESSENTIAL NEEDS & EMERGENCY SERVICES. PROVIDE FREE COMMUNITY SPACE IN OUR BUILDING TO HOLD MEETINGS, WORKSHOPS AND CLASSES. (UNDER PUBLIC HEALTH GUIDELINES) 73,441
    4 ENHANCE LOCAL COMMERCE AND SUSTAINABILITY BY WORKING WITH LOCAL FARMERS AND OTHER COMMUNITY ORGANIZATIONS TO ENCOURAGE ECONOMIC GROWTH. PROVIDE SMALL BUSINESS WORKSHOPS TO INCUBATE NEW BUSINESS DEVELOPMENT. 85,681
    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 CONVENE PUBLIC AND PROVIDE COMMUNITY PLANNING PROCESS TO ANALYZE NEED AND EXPLORE FEASIBILITY OF AFFORDABLE HOUSING DEVELOPMENT. 0
    2  
    All other program-related investments. See instructions.
    3 0
    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
    0
    b
    Average of monthly cash balances.......................
    1b
    338,187
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    338,187
    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
    338,187
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    5,073
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    333,114
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    16,656
    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
     
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
     
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
     
    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
    168,581
    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
    168,581
    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
    168,581
    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  
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$  
    a Applied to 2019, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2020 distributable amount.....  
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2020.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		 
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		 
    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
    2001-09-17
    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
    16,656 16,638 17,690 17,083 68,067
    b 85% of line 2a ......... 14,158 14,142 15,037 14,521 57,857
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		168,581 303,587 297,036 307,996 1,077,200
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		0 0 0 0 0
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		168,581 303,587 297,036 307,996 1,077,200
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ...... 14,896,899 14,412,469 14,498,187 14,411,904 58,219,459
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		 14,896,899 14,412,469 14,498,187 14,411,904 58,219,459
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		        0
    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) ....     		        0
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		        0
    (3) Largest amount of support
    from an exempt organization    		         0
    (4) Gross investment income         0
    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 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
    GOOD CHEER FOOD BANK
    2812 GRIMM RD
    LANGLEY,WA98260     		NONE PC FOOD PROGRAM SUPPORT 25,000
    MOBILE TURKEY UNIT OF WHIDBEY ISLAND
    6280 SPINNAKER RIDGE LANE
    CLINTON,WA98236     		NONE PC FOOD PROGRAM SUPPORT 1,500
    READINESS TO LEARN FOUNDATION
    PO BOX 280
    LANGLEY,WA98260     		NONE PC SUPPORT FOR FAMILY-CENTERED SOCIAL SERVICES INCLUDING HOUSING ASSISTANCE AND RACIAL EQUITY PROGRAMS. 14,500
    ISLAND SENIOR RESOURCES
    PO BOX 939
    FREELAND,WA98249     		NONE PC FOOD PROGRAMS AND EMERGENCY SOCIAL SERVICES SUPPORT FOR SENIORS. 47,650
    SOUTH WHIDBEY AT HOME
    PO BOX 557
    LANGLEY,WA98260     		NONE PC HOME-BASED SERVICES TO SUPPORT SENIOR HOUSING STABILITY. 25,000
    SOUTH WHIDBEY TILTH ASSOCIATION
    PO BOX 252
    LANGLEY,WA98260     		NONE PC FUNDING FOR AN AMERICANS DISABILITIES ACT (ADA) COMPLIANT SERVICES AND REST AREA 2,500
    WHIDBEY ISLAND NOURISHES
    PO BOX 1642
    LANGLEY,WA98260     		NONE PC GENERAL OPERATING SUPPORT 25,000
    WHIDBEY WESTSIDE ROTARY CLUB
    723 CAMANO AVE RM 403 BLDG C
    LANGLEY,WA98260     		NONE PC COVID-19 RELIEF SERVICES 931
    WHIDBEY WATERSHED STEWARDS
    PO BOX 617
    LANGLEY,WA98260     		NONE PC GENERAL OPERATING SUPPORT 25,000
    ISLAND SHAKESPEARE FESTIVAL
    PO BOX 519
    LANGLEY,WA98260     		NONE PC GENERAL OPERATING SUPPORT 1,200
    AMERICAN FDN FOR SUICIDE PREVENTION
    PO BOX 1066
    LANGLEY,WA98260     		NONE PC GENERAL OPERATING SUPPORT 300
    Total .................................bullet 3a 168,581
    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
    aTENANT RENTS         666,547
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 3,709  
    4 Dividends and interest from securities....          
    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 ............     		         
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aBAYVIEW GROCERY INC     		445100 1,166,824      
    bMISC INCOME     01 7,270  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 1,166,824 10,979 666,547
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,844,350
    (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.)
    1A PROGRAM TO PROVIDE SPACE TO BUSINESSES THAT CONTRIBUTE TO THE RURAL TRADITION AND CHARACTER OF ISLAND COUNTY AND TO FACILITATE ECONOMIC DEVELOPMENT AND COMBAT COMMUNITY DETERIORATION.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

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

    91-1960139
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    GOOSEFOOT COMMUNITY FUND
          		Employer identification number
    91-1960139
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    JUDITH BIERMAN
    6661 MAXWELTON ROAD
     
    CLINTON, WA98236

    		$ 5,270


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    US DEPARTMENT OF THE TREASURY (PPP)
     
    1500 PENNSYLVANIA AVE NW
     
    WASHINGTON, DC20220

    		$ 63,650


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

    		$  


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

    		$  


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

    		$  


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

    		$  


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

    91-1960139
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    GOOSEFOOT COMMUNITY FUND
          		Employer identification number

    91-1960139
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2020 AccountingFeesSchedule
    Name:
    GOOSEFOOT COMMUNITY FUND
    EIN:
    91-1960139
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 26,805 0 26,805 0

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

    TY 2020 DepreciationSchedule
    Name:
    GOOSEFOOT COMMUNITY FUND
    EIN:
    91-1960139
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    LAND 2000-04-01 5,202,634   L   0 0 0  
    BUILDINGS & IMPROVEMENTS 2000-04-01 9,521,272 3,472,134 SL 39.000000000000 244,135 0 244,135  
    EQUIPMENT 2010-07-07 111,460 111,460 SL 5.000000000000 0 0 0  
    EQUIPMENT- GOOSEFOOT COMPUTERS 2014-06-01 9,617 9,617 SL 5.000000000000 0 0 0  
    BAYVIEW CENTER TENANT IMPROVEMENTS 2015-07-01 41,979 4,842 SL 39.000000000000 1,076 0 1,076  
    BAYVIEW CENTER SHOPPING CENTER IMPROVEMENTS 2015-07-01 24,611 2,840 SL 39.000000000000 631 0 631  
    BAYVIEW CORNER - CASH STORE BLDG IMPRVMT 2015-07-01 18,805 2,169 SL 39.000000000000 482 0 482  
    GOOSEFOOT COMPUTERS 2015-07-01 3,811 3,429 SL 5.000000000000 382 0 382  
    BAYVIEW CENTER TENANT FF & E 2015-07-01 24,936 22,442 SL 5.000000000000 2,494 0 2,494  
    CORNER MGMT SIGNS, FF & E 2015-07-01 3,662 3,294 SL 5.000000000000 368 0 368  
    BAYVIEW CENTER SHOPPING CENTER IMPROVEMENTS 2016-07-01 30,275 2,716 SL 39.000000000000 776 0 776  
    BAYVIEW CORNER - CASH STORE BLDG IMPRVMT 2016-07-01 34,792 3,122 SL 39.000000000000 892 0 892  
    GOOSEFOOT COMPUTERS 2016-07-01 6,844 4,791 SL 5.000000000000 1,369 0 1,369  
    OPEN SPACE - RESTROOM IMPROVEMENTS 2016-07-01 2,280 203 SL 39.000000000000 58 0 58  
    5788 PROPERTY 2016-07-01 7,755   L   0 0 0  
    BAYVIEW SCHOOL - BLDG IMPROVEMENTS 2016-07-01 1,122 101 SL 39.000000000000 29 0 29  
    EASEMENT 2014-06-01 400,000   L   0 0 0  
    2017 IMPROVEMENTS (RESTROOMS#1411+1415) 2017-07-01 3,061 195 SL 39.000000000000 78 0 78  
    2017 BUILDINGS (#1423+1428+3-1421) 2017-07-01 45,922 2,943 SL 39.000000000000 1,177 0 1,177  
    2017 EQUIPMENT (#1430+1431+1432) 2017-07-01 2,917 187 SL 39.000000000000 75 0 75  
    FRONT ROOM BENCH 2018-02-09 1,033 283 SL 7.000000000000 148 0 148  
    CIG SYSTEM 2018-07-03 1,627 348 SL 7.000000000000 232 0 232  
    HOUZZ MAPLE CHAIRS 2018-10-18 359 60 SL 7.000000000000 51 0 51  
    MAC COMPUTER 2018-09-08 1,880 501 SL 5.000000000000 376 0 376  
    AQUA TEST NIBBLERS 2018-02-08 26,767 3,018 SL 17.000000000000 1,575 0 1,575  
    WHIDBEY TELECOM BIG GIG 2018-07-03 263 57 SL 7.000000000000 38 0 38  
    MODIFY EXHAUST FAN 2018-08-13 598 121 SL 7.000000000000 85 0 85  
    BV CORNER PICNIC TABLES 2018-04-11 1,649 413 SL 7.000000000000 236 0 236  
    BV CORNER FOLDING CHAIRS 2018-05-18 607 138 SL 7.000000000000 87 0 87  
    BV CORNER SEBOS 2018-06-18 380 81 SL 7.000000000000 54 0 54  
    BV CORNER FURNITURE MCJURY 2018-06-18 850 182 SL 7.000000000000 121 0 121  
    BV CORNER REFRIGERATOR 2018-07-31 281 57 SL 7.000000000000 40 0 40  
    BV CORNER ART GALLERY PEDESTALS 2018-09-04 296 56 SL 7.000000000000 42 0 42  
    BV CORNER BLDG IMPROVEMENTS 2018-06-30 16,781 645 SL 39.000000000000 430 0 430  
    GCF MAC MINI 2019-07-26 976 81 SL 5.000000000000 195 0 195  
    GCF MONITOR 2019-07-26 250 21 SL 5.000000000000 50 0 50  
    GCF KITCHEN EQUIPMENT 2019-04-29 1,499 200 SL 5.000000000000 300 0 300  
    GCF DECK FURNITURE 2019-06-24 655 47 SL 7.000000000000 94 0 94  
    GCF CHAIRS 2019-10-23 202 5 SL 7.000000000000 29 0 29  
    GCF WEBSITE 2019-12-16 4,000   SL 5.000000000000 800 0 800  
    BVC TENANT IMPROVEMENTS 2019-09-06 250 2 SL 39.000000000000 6 0 6  
    BVC TENANT IMPROVEMENTS 2019-10-01 263 2 SL 39.000000000000 7 0 7  
    BVC KITCHEN FLOOR 2019-11-01 2,850 12 SL 39.000000000000 73 0 73  
    BVC ELECTRICAL 2019-11-02 1,540 7 SL 39.000000000000 39 0 39  
    BVC PLUMBING 2019-11-05 7,048 30 SL 39.000000000000 181 0 181  
    BVC TENANT IMPROVEMENTS 2019-11-19 137   SL 39.000000000000 4 0 4  
    BVC TENANT IMPROVEMENTS 2019-11-30 413 1 SL 39.000000000000 11 0 11  
    BVC TENANT IMPROVEMENTS 2019-12-01 198   SL 39.000000000000 5 0 5  
    BVC TENANT IMPROVEMENTS 2019-09-30 1,049 7 SL 39.000000000000 27 0 27  
    BVC TENANT IMPROVEMENTS 2019-10-11 88 1 SL 39.000000000000 2 0 2  
    BVC TENANT IMPROVEMENTS 2019-10-31 254 1 SL 39.000000000000 7 0 7  
    BVC TENANT IMPROVEMENTS 2019-11-21 329 1 SL 39.000000000000 8 0 8  
    BVC TENANT IMPROVEMENTS 2019-11-30 259 1 SL 39.000000000000 7 0 7  
    BVC TENANT IMPROVEMENTS 2019-11-30 716 2 SL 39.000000000000 18 0 18  
    BVC TENANT IMPROVEMENTS 2019-12-09 822 2 SL 39.000000000000 21 0 21  
    BVC TENANT IMPROVEMENTS 2019-12-10 90   SL 39.000000000000 2 0 2  
    BVC TENANT IMPROVEMENTS 2019-12-23 9   SL 39.000000000000 0 0 0  
    BVC TENANT IMPROVEMENTS 2019-12-31 116   SL 39.000000000000 3 0 3  
    BVK TAPROOM EQUIP 2019-04-25 3,141 299 SL 7.000000000000 449 0 449  
    BVK SCREENS 2019-05-01 68 6 SL 7.000000000000 10 0 10  
    BVK SIGNS 2019-05-06 1,004 96 SL 7.000000000000 143 0 143  
    BVK WAGON CART 2019-11-08 700 17 SL 7.000000000000 100 0 100  
    BVK WINESHOP BLDG IMP 2019-01-03 8,392 215 SL 39.000000000000 215 0 215  
    BVK BLDG IMPROV 2019-01-22 1,786 42 SL 39.000000000000 46 0 46  
    BVK BLDG IMPROV 2019-03-26 252 5 SL 39.000000000000 6 0 6  
    BVK LIGHTING FOR SIGNAGE 2019-04-11 587 11 SL 39.000000000000 15 0 15  
    BVK FENCING 2019-06-04 116 2 SL 39.000000000000 3 0 3  
    BVK BUILDING IMPROV 2019-07-02 4,936 63 SL 39.000000000000 127 0 127  
    BVK GENERATOR CONNECTION 2019-11-02 1,827 8 SL 39.000000000000 47 0 47  
    BVK PRESSURE TANK & PIPING 2019-09-25 2,034 13 SL 39.000000000000 52 0 52  
    BVC PARKING LOT IMPR 2019-02-19 1,963 42 SL 39.000000000000 50 0 50  
    BVC PARKING LOT IMPR 2019-04-30 968 17 SL 39.000000000000 25 0 25  
    BVC PARKING LOT IMPR 2019-09-04 5,960 51 SL 39.000000000000 153 0 153  
    BVC PARKING LOT IMPR 2019-12-03 1,500 3 SL 39.000000000000 38 0 38  
    GCF WEBSITE 2019-08-30 1,050 70 SL 5.000000000000 210 0 210  
    GCF WEBSITE 2019-10-01 506 25 SL 5.000000000000 101 0 101  
    GCF WEBSITE 2019-12-02 175 3 SL 5.000000000000 35 0 35  
    BVC WALK IN AT BIG W 2019-08-08 2,000 119 SL 7.000000000000 286 0 286  
    BVC 21FT TREE OF LIGHTS 2019-10-18 4,986 119 SL 7.000000000000 712 0 712  
    BVC SECURITY GATE 2019-06-14 228 19 SL 7.000000000000 33 0 33  
    BVC NEW SIGN 2019-07-03 300 21 SL 7.000000000000 43 0 43  
    BVC WALK IN REFER 2020-01-01 4,244   SL 7.000000000000 606 0 606  
    BVC UPGRADE CLOVER PATCH STORE 2020-01-01 14,734   SL 7.000000000000 2,105 0 2,105  
    BVC TAPROOT ARCH MASTER PLAN 2020-01-01 5,300   SL 7.000000000000 757 0 757  
    BVC BIG W IMPROVEMENTS 2020-01-01 12,733   SL 7.000000000000 1,819 0 1,819  
    BVC TI'S 2020-01-01 32,979   SL 7.000000000000 4,711 0 4,711  
    BV CORNER OUTDOOR PATIO & HEATER 2020-01-01 1,329   SL 5.000000000000 266 0 266  
    BV CORNER DONUT SHOP BENCHES ETC 2020-01-01 4,302   SL 5.000000000000 860 0 860  
    BV CORNER CASH STORE IMPROVEMENTS 2020-01-01 38,975   SL 7.000000000000 5,568 0 5,568  
    BV CORNER PARKING IMPROVEMENTS 2020-01-01 4,416   SL 39.000000000000 113 0 113  
    BV CORNER PAVILION FLOOR 2020-01-01 2,367   SL 7.000000000000 338 0 338  
    BV CORNER RECYCLE SHED 2020-01-01 3,159   SL 7.000000000000 451 0 451  
    BV SCHOOL BLDG IMPROVEMENTS 2020-01-01 2,348   SL 7.000000000000 335 0 335  
    GF FF&E 2020-01-01 32,849   SL 7.000000000000 4,693 0 4,693  
    GF FF&E UNK BAL TO TB 2020-01-01 12,636   SL 7.000000000000 1,805 0 1,805  

    TY 2020 InvestmentsOtherSchedule2
    Name:
    GOOSEFOOT COMMUNITY FUND
    EIN:
    91-1960139
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    INVESTMENT IN BAYVIEW GROCERY INC AT COST 2,452,784 2,452,784

    TY 2020 LandEtcSchedule2
    Name:
    GOOSEFOOT COMMUNITY FUND
    EIN:
    91-1960139
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    LAND 5,202,634 0 5,202,634  
    BUILDINGS & IMPROVEMENTS 9,521,272 3,716,269 5,805,003  
    EQUIPMENT 111,460 111,460 0  
    EQUIPMENT- GOOSEFOOT COMPUTERS 9,617 9,617 0  
    BAYVIEW CENTER TENANT IMPROVEMENTS 41,979 5,918 36,061  
    BAYVIEW CENTER SHOPPING CENTER IMPROVEMENTS 24,611 3,471 21,140  
    BAYVIEW CORNER - CASH STORE BLDG IMPRVMT 18,805 2,651 16,154  
    GOOSEFOOT COMPUTERS 3,811 3,811 0  
    BAYVIEW CENTER TENANT FF & E 24,936 24,936 0  
    CORNER MGMT SIGNS, FF & E 3,662 3,662 0  
    BAYVIEW CENTER SHOPPING CENTER IMPROVEMENTS 30,275 3,492 26,783  
    BAYVIEW CORNER - CASH STORE BLDG IMPRVMT 34,792 4,014 30,778  
    GOOSEFOOT COMPUTERS 6,844 6,160 684  
    OPEN SPACE - RESTROOM IMPROVEMENTS 2,280 261 2,019  
    5788 PROPERTY 7,755 0 7,755  
    BAYVIEW SCHOOL - BLDG IMPROVEMENTS 1,122 130 992  
    EASEMENT 400,000 0 400,000  
    2017 IMPROVEMENTS (RESTROOMS#1411+1415) 3,061 273 2,788  
    2017 BUILDINGS (#1423+1428+3-1421) 45,922 4,120 41,802  
    2017 EQUIPMENT (#1430+1431+1432) 2,917 262 2,655  
    FRONT ROOM BENCH 1,033 431 602  
    CIG SYSTEM 1,627 580 1,047  
    HOUZZ MAPLE CHAIRS 359 111 248  
    MAC COMPUTER 1,880 877 1,003  
    AQUA TEST NIBBLERS 26,767 4,593 22,174  
    WHIDBEY TELECOM BIG GIG 263 95 168  
    MODIFY EXHAUST FAN 598 206 392  
    BV CORNER PICNIC TABLES 1,649 649 1,000  
    BV CORNER FOLDING CHAIRS 607 225 382  
    BV CORNER SEBOS 380 135 245  
    BV CORNER FURNITURE MCJURY 850 303 547  
    BV CORNER REFRIGERATOR 281 97 184  
    BV CORNER ART GALLERY PEDESTALS 296 98 198  
    BV CORNER BLDG IMPROVEMENTS 16,781 1,075 15,706  
    GCF MAC MINI 976 276 700  
    GCF MONITOR 250 71 179  
    GCF KITCHEN EQUIPMENT 1,499 500 999  
    GCF DECK FURNITURE 655 141 514  
    GCF CHAIRS 202 34 168  
    GCF WEBSITE 4,000 800 3,200  
    BVC TENANT IMPROVEMENTS 250 8 242  
    BVC TENANT IMPROVEMENTS 263 9 254  
    BVC KITCHEN FLOOR 2,850 85 2,765  
    BVC ELECTRICAL 1,540 46 1,494  
    BVC PLUMBING 7,048 211 6,837  
    BVC TENANT IMPROVEMENTS 137 4 133  
    BVC TENANT IMPROVEMENTS 413 12 401  
    BVC TENANT IMPROVEMENTS 198 5 193  
    BVC TENANT IMPROVEMENTS 1,049 34 1,015  
    BVC TENANT IMPROVEMENTS 88 3 85  
    BVC TENANT IMPROVEMENTS 254 8 246  
    BVC TENANT IMPROVEMENTS 329 9 320  
    BVC TENANT IMPROVEMENTS 259 8 251  
    BVC TENANT IMPROVEMENTS 716 20 696  
    BVC TENANT IMPROVEMENTS 822 23 799  
    BVC TENANT IMPROVEMENTS 90 2 88  
    BVC TENANT IMPROVEMENTS 9 0 9  
    BVC TENANT IMPROVEMENTS 116 3 113  
    BVK TAPROOM EQUIP 3,141 748 2,393  
    BVK SCREENS 68 16 52  
    BVK SIGNS 1,004 239 765  
    BVK WAGON CART 700 117 583  
    BVK WINESHOP BLDG IMP 8,392 430 7,962  
    BVK BLDG IMPROV 1,786 88 1,698  
    BVK BLDG IMPROV 252 11 241  
    BVK LIGHTING FOR SIGNAGE 587 26 561  
    BVK FENCING 116 5 111  
    BVK BUILDING IMPROV 4,936 190 4,746  
    BVK GENERATOR CONNECTION 1,827 55 1,772  
    BVK PRESSURE TANK & PIPING 2,034 65 1,969  
    BVC PARKING LOT IMPR 1,963 92 1,871  
    BVC PARKING LOT IMPR 968 42 926  
    BVC PARKING LOT IMPR 5,960 204 5,756  
    BVC PARKING LOT IMPR 1,500 41 1,459  
    GCF WEBSITE 1,050 280 770  
    GCF WEBSITE 506 126 380  
    GCF WEBSITE 175 38 137  
    BVC WALK IN AT BIG W 2,000 405 1,595  
    BVC 21FT TREE OF LIGHTS 4,986 831 4,155  
    BVC SECURITY GATE 228 52 176  
    BVC NEW SIGN 300 64 236  
    BVC WALK IN REFER 4,244 606 3,638  
    BVC UPGRADE CLOVER PATCH STORE 14,734 2,105 12,629  
    BVC TAPROOT ARCH MASTER PLAN 5,300 757 4,543  
    BVC BIG W IMPROVEMENTS 12,733 1,819 10,914  
    BVC TI'S 32,979 4,711 28,268  
    BV CORNER OUTDOOR PATIO & HEATER 1,329 266 1,063  
    BV CORNER DONUT SHOP BENCHES ETC 4,302 860 3,442  
    BV CORNER CASH STORE IMPROVEMENTS 38,975 5,568 33,407  
    BV CORNER PARKING IMPROVEMENTS 4,416 113 4,303  
    BV CORNER PAVILION FLOOR 2,367 338 2,029  
    BV CORNER RECYCLE SHED 3,159 451 2,708  
    BV SCHOOL BLDG IMPROVEMENTS 2,348 335 2,013  
    GF FF&E 32,849 4,693 28,156  
    GF FF&E UNK BAL TO TB 12,636 1,805 10,831  


    TY 2020 LegalFeesSchedule
    Name:
    GOOSEFOOT COMMUNITY FUND
    EIN:
    91-1960139
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 2,278 0 2,278 0


    TY 2020 OtherExpensesSchedule
    Name:
    GOOSEFOOT COMMUNITY FUND
    EIN:
    91-1960139
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE EXPENSE 236,610 0 236,610 0
    INSURANCE 42,303 0 42,303 0
    MARKETING/ADVERTISING 8,683 0 8,683 0


    TY 2020 OtherIncomeSchedule2
    Name:
    GOOSEFOOT COMMUNITY FUND
    EIN:
    91-1960139
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    TENANT RENTS 666,547   666,547
    BAYVIEW GROCERY INC 1,166,824   1,166,824
    MISC INCOME 7,270   7,270


    TY 2020 OtherIncreasesSchedule
    Name:
    GOOSEFOOT COMMUNITY FUND
    EIN:
    91-1960139
    Description Amount
    BOOK TO TAX ADJUSTMENTS 291,840


    TY 2020 TaxesSchedule
    Name:
    GOOSEFOOT COMMUNITY FUND
    EIN:
    91-1960139
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROPERTY TAXES 31,564 0 31,564 0
    UBIT TAXES 132,912 0 132,912 0
    PAYROLL TAX 26,624 0 26,624 0