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
WILLARD L & RUTH P ECCLES FOUNDATION
C/O WHITTIER TRUST CO OF NEVADA
Number and street (or P.O. box number if mail is not delivered to street address)100 WEST LIBERTY STREET NO 890
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
RENO, NV89501
A Employer identification number

47-6330351
B Telephone number (see instructions)

(775) 686-5400
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$24,901,957J 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 Check bullet.............
3 Interest on savings and temporary cash investments 66,771 66,771  
4 Dividends and interest from securities... 347,935 347,935  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 286,824
b Gross sales price for all assets on line 6a 3,900,522
7 Capital gain net income (from Part IV, line 2)... 286,824
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 17,330 17,330  
12 Total. Add lines 1 through 11........ 718,860 718,860  
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)......... Click to see attachment 1,917 959   958
b Accounting fees (attach schedule)....... Click to see attachment 4,200 3,990   210
c Other professional fees (attach schedule).... Click to see attachment 198,510 49,322   147,967
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 8,854 2,821   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 2,186 1,640   547
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 215,667 58,732   149,682
25 Contributions, gifts, grants paid....... 910,000 910,000
26 Total expenses and disbursements. Add lines 24 and 25 1,125,667 58,732   1,059,682
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -406,807
b Net investment income (if negative, enter -0-) 660,128
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 737,811 689,769 689,769
3 Accounts receivable bullet34,407
Less: allowance for doubtful accounts bullet   37,265 34,407 34,407
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.......... 1,026 581 581
10a Investments—U.S. and state government obligations (attach schedule) 996,538 Click to see attachment874,837 884,647
b Investments—corporate stock (attach schedule)....... 13,343,082 Click to see attachment12,043,020 19,152,560
c Investments—corporate bonds (attach schedule)....... 1,811,105 Click to see attachment1,800,437 1,869,745
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 480,000 Click to see attachment1,787,801 2,270,248
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) 17,406,827 17,230,852 24,901,957
Liabilities 17 Accounts payable and accrued expenses.......... 17,344 18,565
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment88,068 Click to see attachment120,185
23 Total liabilities (add lines 17 through 22)......... 105,412 138,750
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 17,301,415 17,092,102
29 Total net assets or fund balances (see instructions)..... 17,301,415 17,092,102
30 Total liabilities and net assets/fund balances (see instructions). 17,406,827 17,230,852
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
17,301,415
2
Enter amount from Part I, line 27a .....................
2
-406,807
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
197,494
4
Add lines 1, 2, and 3 ..........................
4
17,092,102
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
17,092,102
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES   2020-01-01 2020-12-31
b PUBLICLY TRADED SECURITIES   2019-12-31 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 632,670   822,702 -190,032
b 3,267,852   2,790,996 476,856
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       -190,032
b       476,856
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 2 286,824
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 9,176
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 9,176
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 9,176
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 9,680
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 9,680
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 504
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet504 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 changesClick to see attachment....
3
Yes
 
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)
    bulletNV
    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 addressbulletN/A
    14
    The books are in care ofbulletWHITTIER TRUST COMPANY Telephone no.bullet (775) 686-5400

    Located atbullet100 W LIBERTY ST 890RENONV ZIP+4bullet89501
    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
    ANN COIT GOSS CHAIR
    1.00     		0 0 0
    100 WEST LIBERTY STREET SUITE 890
    RENO,NV89501
    EMILY COIT SECRETARY
    1.00     		0 0 0
    100 WEST LIBERTY STREET SUITE 890
    RENO,NV89501
    DAVID COIT TREASURER
    1.00     		0 0 0
    100 WEST LIBERTY STREET SUITE 890
    RENO,NV89501
    BARBARA COIT YEAGER ADVISORY COMMITTEE MEMBER
    1.00     		0 0 0
    100 WEST LIBERTY STREET SUITE 890
    RENO,NV89501
    HOLLY COIT ADVISORY COMMITTEE MEMBER
    1.00     		0 0 0
    100 WEST LIBERTY STREET SUITE 890
    RENO,NV89501
    MEGAN ANN SCHULDT ADVISORY COMMITTEE MEMBER
    1.00     		0 0 0
    100 WEST LIBERTY STREET SUITE 890
    RENO,NV89501
    STUART GOSS ADVISORY COMMITTEE MEMBER
    1.00     		0 0 0
    100 WEST LIBERTY STREET SUITE 890
    RENO,NV89501
    VALERIE COIT LECKENBILL ADVISORY COMMITTEE MEMBER
    1.00     		0 0 0
    100 WEST LIBERTY STREET SUITE 890
    RENO,NV89501
    PEGINE E GRAYSON FOUNDATION ADMINISTRATOR
    2.00     		0 0 0
    100 WEST LIBERTY STREET SUITE 890
    RENO,NV89501
    SUSAN COIT ADVISORY COMMITTEE MEMBER
    1.00     		0 0 0
    100 WEST LIBERTY STREET SUITE 890
    RENO,NV89501
    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
    WHITTIER TRUST COMPANY PHILANTHROPIC, FIDUCIARY AND INVESTMENT 197,289
    100 W LIBERTY ST 890
    RENO,NV89501
    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
    21,198,887
    b
    Average of monthly cash balances.......................
    1b
    440,582
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    21,639,469
    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
    21,639,469
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    324,592
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    21,314,877
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,065,744
    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
    1,065,744
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    9,176
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    9,176
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,056,568
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,056,568
    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
    1,056,568
    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
    1,059,682
    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
    1,059,682
    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
    1,059,682
    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 1,056,568
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 191,020
    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$ 1,059,682
    a Applied to 2019, but not more than line 2a 191,020
    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..... 868,662
    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 ..........     		187,906
    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 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
    AMERICAN RED CROSS
    PO BOX 37839
    BOONE,IA50312     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 10,000
    BEST FRIENDS ANIMAL SOCIETY
    5001 ANGEL CANYON ROAD
    KANAB,UT84106     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 25,000
    BOYS & GIRLS CLUBS OF PORTLAND
    8203 SE 7TH AVE
    PORTLAND,OR97202     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 5,000
    CHILDREN'S CANCER ASSOCIATION
    1200 NW NAITO PARKWAY
    PORTLAND,OR97209     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 20,000
    COMMUNITY FOOD SHARE INC
    650 S TAYLOR AVE
    LOUISVILLE,CO80027     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 5,000
    CROSSROADS URBAN CENTER
    347 SOUTH 400 EAST
    SALT LAKE CITY,UT84111     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 5,000
    DETROIT DOG RESCUE
    PO BOX 806119
    ST CLAIR SHORES,MI48080     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 5,000
    EQUAMORE FOUNDATION
    4723 HIGHWAY 66
    ASHLAND,OR97520     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 10,000
    FRIENDS OF THE CHILDREN - PORTLAND
    44 NE MORRIS STREET
    PORTLAND,OR97212     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 50,000
    GREENWOOD WILDLIFE REHABILITATION CENTER
    PO BOX 18987
    BOULDER,CO80503     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 5,000
    GUADALUPE CENTER EDUCATIONAL PROGRAM
    1385 NORTH 1200 WEST
    SALT LAKE CITY,UT84116     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 50,000
    HUMAN SOLUTIONS
    12350 SE POWELL BLVD
    PORTLAND,OR97290     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 50,000
    HUMANE SOCIETY OF CENTRAL OREGON
    61170 SE 27TH ST
    BEND,OR97702     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 10,000
    HUMANE SOCIETY OF THE PIKES PEAK REGION
    610 ABBOT LANE
    COLORADO SPRINGS,CO80905     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 5,000
    JOIN
    PO BOX 16490
    PORTLAND,OR97213     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 3,200
    JOIN
    PO BOX 16490
    PORTLAND,OR97213     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 5,000
    LONGMONT HUMANE SOCIETY INC
    9595 NELSON ROAD
    LONGMONT,CO80501     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 5,000
    MEALS ON WHEELS PEOPLE INC
    7710 SW 31ST AVENUE
    PORTLAND,OR97219     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 5,000
    MEALS ON WHEELS PEOPLE INC
    7710 SW 31ST AVENUE
    PORTLAND,OR97219     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 10,000
    METAVIVOR RESEARCH AND SUPPORT INC
    1783 FOREST DRIVE 184
    ANNAPOLIS,MD97365     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 10,000
    NEIGHBORHOOD HOUSE ASSOCIATION
    1050 W 500 S
    SALT LAKE CITY,UT84104     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 20,000
    NEW AVENUES FOR YOUTH INC
    1220 SW COLUMBIA ST
    PORTLAND,OR97201     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 5,000
    OREGON BALLET THEATRE
    0720 SW BANCROFT STREET
    PORTLAND,OR97239     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 20,000
    OREGON COAST AQUARIUM
    2820 SE FERRY SLIP RD
    NEWPORT,OR97365     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 10,000
    OREGON COMMUNITY FOUNDATION
    1221 SW YAMHILL ST
    PORTLAND,OR97208     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 20,000
    OREGON FOOD BANK
    7900 NE 33RD DRIVE
    PORTLAND,OR97205     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 5,000
    OREGON FOOD BANK
    7900 NE 33RD DRIVE
    PORTLAND,OR97211     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 10,000
    OREGON FOOD BANK
    7900 NE 33RD DRIVE
    PORTLAND,OR97211     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 5,000
    OREGON HEALTH AND SCIENCES UNIVERSITY FOUNDATION
    1121 SW SALMON STREET
    PORTLAND,OR97205     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 50,000
    OREGON HUMANE SOCIETY
    1067 NE COLUMBIA BLVD
    PORTLAND,OR97211     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 10,000
    OREGON HUMANE SOCIETY
    1067 NE COLUMBIA BLVD
    PORTLAND,OR97211     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 5,000
    OREGON HUMANE SOCIETY
    1067 NE COLUMBIA BLVD
    PORTLAND,OR97211     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 50,000
    OREGON ZOO FOUNDATION
    4001 SW CANYON ROAD
    PORTLAND,OR97221     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 5,000
    OREGON ZOO FOUNDATION
    4001 SW CANYON ROAD
    PORTLAND,OR97221     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 5,000
    OREGON ZOO FOUNDATION
    4001 SW CANYON ROAD
    PORTLAND,OR97221     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 10,000
    OUTSIDE IN
    1132 SW 13TH AVE
    PORTLAND,OR97205     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 5,000
    PDX DIAPER BANK
    PO BOX 22613
    PORTLAND,OR97269     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 5,000
    PLANNED PARENTHOOD ASSOCIATION OF UTAH
    654 S 900 E
    SALT LAKE CITY,UT84102     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 30,000
    PLANNED PARENTHOOD COLUMBIA WILLAMETTE (MAIN OFFICE)
    3727 NE MARTIN LUTHER KING JR
    BOULEVARD
    PORTLAND,OR97212     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 35,000
    PLANNED PARENTHOOD COLUMBIA WILLAMETTE (MAIN OFFICE)
    3727 NE MARTIN LUTHER KING JR
    BOULEVARD
    PORTLAND,OR97212     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 5,000
    RANDALL CHILDREN'S HOSPITAL FOUNDATION
    PO BOX 4484
    PORTLAND,OR97227     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 9,300
    RAPHAEL HOUSE OF PORTLAND
    4110 SE HAWTHORNE BLVD 503
    PORTLAND,OR97214     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 10,000
    SECOND CHANCE HUMANE SOCIETY INC
    PO BOX 2096
    RIDGWAY,CO81432     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 5,000
    THE HUMANE SOCIETY OF BOULDER VALLEY INC
    2323 55TH STREET
    BOULDER,CO80301     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 5,000
    THE NATURE CONSERVANCY IN IDAHO
    116 N FIRST AVENUE
    HAILEY,ID83333     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 50,000
    THE NATURE CONSERVANCY
    559 E SOUTH TEMPLE
    SALT LAKE CITY,UT84102     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 30,000
    THE NATURE CONSERVANCY
    821 SE 14TH AVENUE
    PORTLAND,OR97214     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 10,000
    THE ROAD HOME
    PO BOX 2788
    SALT LAKE CITY,UT84119     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 15,000
    THE WILD ANIMAL SANCTUARY
    1946 WCR 53
    KEENESBURG,CO80643     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 5,000
    THE WILD ANIMAL SANCTUARY
    1946 WCR 53
    KEENESBURG,CO80643     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 20,000
    TUALATIN VALLEY FIRE & RESCUE
    11945 SW 70TH
    TIGARD,OR972238566     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 7,500
    UNIVERSITY OF UTAH
    332 SOUTH 1400 EAST SUITE 150
    SALT LAKE CITY,UT84112     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 50,000
    UNIVERSITY PREP
    2409 ARAPAHOE STREET
    DENVER,CO80205     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 5,000
    UTAH FOOD BANK
    3150 SOUTH 900 WEST
    SALT LAKE CITY,UT84119     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 40,000
    WASATCH HOMELESS HEALTH CARE
    409 WEST 400 SOUTH
    SALT LAKE CITY,UT84101     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 15,000
    YCC FAMILY CRISIS CENTER
    2261 ADAMS AVENUE
    OGDEN,UT84401     		NA PC 2020 GRANT FOR GENERAL OPERATING SUPPORT 30,000
    Total .................................bullet 3a 910,000
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 66,771  
    4 Dividends and interest from securities....     14 347,935  
    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.....     14 17,330  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 286,824  
    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).. 0 718,860 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    718,860
    (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:
    WILLARD L & RUTH P ECCLES FOUNDATION
     
    C/O WHITTIER TRUST CO OF NEVADA
    EIN:
    47-6330351
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING AND TAX 4,200 3,990   210

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    WILLARD L & RUTH P ECCLES FOUNDATION
     
    C/O WHITTIER TRUST CO OF NEVADA
    EIN:
    47-6330351
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AIR LEASE CORP 6.150 NON CUM A 24,803 26,695
    AIR LEASE CORP NOTE 3.875% 7/03/23 51,908 53,535
    AMER 3.2 12/15/29 11,482 11,840
    AMERICAN GENERAL CORP NOTE 7.500% 7/15/25 23,262 25,072
    ARES CAPITAL CORP NOTE 3.250% 7/15/25 49,135 52,990
    BANC ONE CORP SDEB 7.750% 7/15/25 65,578 64,711
    BANK AMER CORP MTNF 4.000% 1/22/25 74,467 78,658
    BANK AMER CORP MTNF 4.100% 7/24/23 26,403 26,651
    BARCLAY 3.75 5/24/23 30,000 29,775
    CITIBANK NA N Y NOTE 2.125%10/20/20 24,454 25,073
    CITIGROUP INC NOTE 5.500% 9/13/25 85,387 90,122
    CITIGROUP INC PRFD 5.900%12/31/99 104,863 105,050
    CITIGROUP INC PRFD 6.125%12/31/99 34,115 35,053
    CITIGROUP INC PRFD 6.250%12/31/99 56,000 57,348
    COLUMBIA PPTY TR OPER PART NOTE 3.650% 8/15/26 102,156 104,529
    FIRST UN CORP SDEB 7.574% 8/01/26 24,975 26,341
    FORD MOTOR CREDIT CO LLC NOTE 4.687% 6/09/25 10,171 10,663
    GOLDMAN SACHS GROUP INC MTNF 4.000% 3/03/24 90,613 99,447
    GOLDMAN SACHS GROUP INC NOTE 3.272% 9/29/25 56,845 60,249
    HALLIBURTON CO NOTE 3.800%11/15/25 27,058 28,038
    HSBC HLDGS PLC NOTE 3.803% 3/11/25 108,173 109,183
    JPMORGAN CHASE & CO MTNV 7/28/23 45,272 45,489
    NATIONSBANK CORP MTN SUB NT MTNF 8.570%11/15/24 36,253 38,446
    NORSK HYDRO A S DEB 7.150%11/15/25 30,330 31,934
    OCCIDENTAL PETE CORP NOTE 3.400% 4/15/26 50,793 47,671
    ROYAL BK OF CDA BD CDS MTNF 3.700%10/05/23 71,638 76,322
    ROYAL BK OF SCOTLAND PLC NOTE 6.125%12/15/22 54,383 54,989
    SANTANDER HLDGS USA INC NOTE 3.500% 6/07/24 30,047 32,409
    SOUTHWEST AIRLS CO 5.125 55,118 59,481
    TOYOTA MOTOR CREDIT CORP MTNF 2.125% 6/29/22 34,335 34,820
    US AIR 6.25 04/22/23 10,442 9,227
    USB CAPITAL IX PRFD 12/31/99 92,825 98,250
    VALERO ENERGY PARTNERS LP NOTE 4.375%12/15/26 22,323 28,939
    WELLS FARGO & CO MTNF 2.625% 7/22/22 24,044 25,878
    WELLS FARGO CO MTN BE MTNF 4.300% 7/22/27 115,424 117,178
    WELLS FARGO CO MTN BE MTNF 3.450% 2/13/23 45,362 47,689

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    WILLARD L & RUTH P ECCLES FOUNDATION
     
    C/O WHITTIER TRUST CO OF NEVADA
    EIN:
    47-6330351
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3M CO 27,361 29,190
    3M CO 62,850 67,469
    ABBOTT LABS COM 87,404 149,563
    ACCENTURE PLC IRELAND SHS CLASS A 85,692 122,769
    ADOBE SYS INC COM 86,402 132,532
    AES CORP COM 60,265 97,478
    ALCON INC ORD SHS 4,896 5,278
    ALPHABET INC CL C 169,460 508,045
    AMAZON COM INC COM 77,501 680,698
    AMCOR PLC ORD 31,835 39,618
    AMERICA MOVIL SAB DE CV SPON ADR L SHS 28,643 33,791
    AMERICAN ELEC PWR INC COM 23,884 36,056
    AMERICAN EXPRESS CO COM 13,049 20,192
    AMERICAN TOWER CORP 59,058 138,941
    AMERICAN WTR WKS CO INC NEW COM 27,795 67,373
    AMPHENOL CORP NEW CL A 42,262 64,470
    ANTHEM, INC. COM 64,427 120,088
    APPLE COMPUTER INC COM 177,594 765,356
    APPLE COMPUTER INC COM 20,634 88,637
    APTIV PLC SHS 55,925 88,727
    ASML HOLDING N V N Y REGISTRY SHS 50,981 83,888
    AT&T INC COM 28,010 23,813
    AT&T INC COM 41,812 32,786
    ATMOS ENERGY CORP COM 22,862 41,703
    AUTOMATIC DATA PROCESSING IN COM 33,219 66,956
    AVIVA PLC SPONSORED ADR 37,892 28,206
    BARCLAYS PLC ADR 37,191 26,870
    BASF SE SPONSORED ADR 37,624 32,196
    BAYER A G SPONSORED ADR 30,440 17,585
    BERKSHIRE HATHAWAY INC DEL CL B NEW 119,123 175,526
    BLACKROCK INC COM 33,529 65,660
    BLACKROCK INC COM 31,605 62,774
    BLACKSTONE GROUP INC COM CL A 65,388 78,031
    BOEING CO COM 11,713 6,636
    BOEING CO COM 24,893 35,748
    BOEING CO COM 54,952 56,996
    BRIGHTHOUSE FINL INC COM 4,067 2,498
    BROADCOM INC 80,639 130,917
    CADENCE DESIGN SYSTEMS INC 34,303 64,531
    CATERPILLAR INC DEL COM 13,285 30,397
    CHEVRON CORP COM 17,390 14,103
    CHEVRON CORP COM 98,077 80,734
    CISCO SYS INC COM 4,547 7,473
    CITIGROUP INC COM NEW 98,923 119,065
    CITIGROUP INC DEP SHS RP PFD K 62,687 74,359
    CME GROUP INC COM 57,291 54,979
    COCA COLA CO COM 6,688 9,158
    COLGATE PALMOLIVE CO COM 30,518 39,420
    COMCAST CORP 65,496 112,503
    CONOCOPHILLIPS 46,904 47,708
    CORTEVA INC COM 2,582 8,286
    COSTCO WHSL CORP NEW COM 30,942 76,110
    CVS CORP COM 87,704 58,875
    DANAHER CORP DEL COM 35,685 107,516
    DIAGEO P L C SPON ADR NEW 33,796 46,055
    DISNEY WALT CO COM DISNEY 17,635 30,257
    DISNEY WALT CO COM DISNEY 126,745 216,872
    DOW INC COM 6,515 9,269
    DOW INC COM 9,624 11,711
    DUPONT DE NEMOURS INC COM 21,510 15,360
    EAST-WEST BANCORP INC 35,084 47,059
    EATON CORP PLC SHS 30,738 63,554
    EATON CORP PLC SHS 58,290 126,748
    EMERSON ELEC CO COM 36,829 51,598
    EXXON MOBIL CORP COM 13,931 6,884
    FACEBOOK INC CL A 123,201 231,367
    FIRST REP BK SAN FRANCISCO CCOM 50,254 74,053
    FORTIVE CORP COM 74,578 104,955
    GALLAGHER ARTHUR J & CO COM 29,552 81,772
    GENUINE PARTS CO COM 31,702 33,544
    GILEAD SCIENCES INC COM 92,657 54,240
    GOLDMAN SACHS GROUP INC COM 31,473 44,040
    GOLDMAN SACHS GROUP INC COM 64,806 90,716
    HOME DEPOT INC COM 19,022 44,359
    HONEYWELL INTL INC COM 100,155 217,805
    ILLINOIS TOOL WKS INC COM 27,618 57,494
    INTEL CORP COM 5,142 8,320
    INTERNATIONAL BUSINESS MACHS COM 26,750 21,022
    INTUIT COM 52,429 56,598
    IQVIA HLDGS INC COM 54,149 76,147
    ISHARES DJ EUR/.PAC DIV 43,944 44,912
    ISHARES RUSSELL 2000 INDEX 854,654 1,278,507
    JOHNSON & JOHNSON COM 28,617 44,539
    JOHNSON & JOHNSON COM 16,576 26,282
    JOHNSON & JOHNSON COM 96,675 143,531
    JP MORGAN CHASE & CO COM 9,963 21,221
    JP MORGAN CHASE & CO COM 123,345 261,129
    JP MORGAN CHASE & CO COM 30,706 63,789
    KEYSIGHT TECHNOLOGIES INC COM 43,113 61,158
    KINDER MORGAN INC DEL COM 23,750 20,847
    KINDER MORGAN INC DEL COM 48,636 40,573
    KONTOOR BRANDS INC COM 2,182 3,529
    LAUDER ESTEE COS INC CL A 14,872 49,245
    LEGGETT & PLATT INC COM 30,702 30,478
    LINDE PLC SHS 33,163 75,627
    LINDE PLC SHS 59,003 148,356
    LOCKHEED MARTIN CORP COM 31,115 48,987
    MACQUARIE INFRASTRUCTURE COR COM 25,635 15,358
    MARSH & MCLENNAN COS INC COM 77,002 86,229
    MCDONALDS CORP COM 27,774 60,941
    MCDONALDS CORP COM 16,065 35,835
    MERCK & CO INC NEW COM 117,812 142,823
    MERCK & CO INC NEW COM 31,208 44,090
    MERCK & CO INC NEW COM 9,557 13,661
    METLIFE INC. 34,667 35,635
    MICROSOFT CORP COM 6,835 37,144
    MICROSOFT CORP COM 32,689 130,338
    MICROSOFT CORP COM 136,404 643,683
    MONDELEZ INTL INC CL A 52,122 87,822
    NATIONAL GRID PLC SPONSORED ADR NE 31,816 29,338
    NESTLE S A SPONSORED ADR 32,407 49,594
    NIKE INC CL B 86,022 245,733
    NIKE INC CL B 8,214 23,625
    NORFOLK SOUTHERN CORP COM 101,876 230,719
    NOVARTIS A G SPONSORED ADR 36,463 38,905
    NVIDIA CORP COM 138,811 229,246
    O REILLY AUTOMOTIVE INC NEW COM 43,871 56,571
    PEPSICO INC COM 82,123 127,686
    PEPSICO INC COM 30,522 46,715
    PFIZER INC COM 32,166 36,589
    PFIZER INC COM 5,419 6,147
    PFIZER INC COM 58,096 66,111
    PROCTER & GAMBLE CO COM 13,736 23,236
    PROCTER & GAMBLE CO COM 74,885 119,243
    PROLOGIS INC COM 26,232 61,989
    RAYTHEON CO COM NEW 11,181 11,942
    RAYTHEON CO COM NEW 53,755 46,195
    S&P GLOBAL INC 62,508 72,978
    SALESFORCE COM INC COM 17,036 58,525
    SERVICENOW INC COM 51,231 104,031
    SHERWIN WILLIAMS CO COM 46,327 139,633
    SIEMENS A G SPONSORED ADR 31,071 40,705
    SPDR SER TR S&P DIVID ETF 102,510 134,531
    SPDR SERIES TRUST S&P BIOTECH 61,898 90,522
    STARBUCKS CORP COM 139,331 207,327
    TEXAS INSTRS INC COM 60,477 84,527
    THERMO FISHER SCIENTIFIC INC COM 88,243 176,065
    TJX COS INC 106,096 200,090
    TOTAL S A SPONSORED ADR 34,665 29,966
    TRAVELERS COMPANIES, INC COM 17,906 23,442
    TRUIST FINL CORP COM 77,038 102,522
    TYSON FOODS INC CL A 22,330 21,910
    UNILEVER PLC SPON ADR NEW 30,925 43,037
    UNITED PARCEL SERVICE INC CL B 31,146 52,036
    UNITED RENTALS INC COM 49,153 87,894
    UNITEDHEALTH GROUP INC COM 19,659 58,564
    UNITEDHEALTH GROUP INC COM 40,043 120,283
    V F CORP COM 35,515 50,819
    VALERO ENERGY CORP NEW COM 84,451 85,817
    VANGUARD EMERGING MARKET EQUITY ETF 1,154,727 1,541,260
    VANGUARD FTSE DEVELOPED MARKETS 993,597 1,253,850
    VERIZON COMMUNICATIONS COM 8,118 9,811
    VERIZON COMMUNICATIONS COM 43,733 52,816
    VIATRIS INC COM 1,822 2,286
    VIATRIS INC COM 299 375
    VISA INC COM CL A 135,438 451,677
    VISA INC COM CL A 10,889 36,528
    WAL MART STORES INC COM 13,543 24,073
    WALGREENS BOOTS ALLIANCE INC 12,269 6,660
    WEYERHAEUSER CO COM 33,464 35,374
    WHITTIER VALUE FUND A, LP 1,679,097 1,654,697

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    WILLARD L & RUTH P ECCLES FOUNDATION
     
    C/O WHITTIER TRUST CO OF NEVADA
    EIN:
    47-6330351
    US Government Securities - End of Year Book Value:

    460,272
    US Government Securities - End of Year Fair Market Value:

    463,188
    State & Local Government Securities - End of Year Book Value:


    414,565
    State & Local Government Securities - End of Year Fair Market Value:


    421,459


    TY 2020 InvestmentsOtherSchedule2
    Name:
    WILLARD L & RUTH P ECCLES FOUNDATION
     
    C/O WHITTIER TRUST CO OF NEVADA
    EIN:
    47-6330351
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    DOUBLELINE FDS TR TTL RTN BD I AT COST 105,000 105,348
    HERSHISER INCOME FUND IV CARVE OUT (FL PROP.) AT COST 20,805 20,805
    HERSHISER INCOME FUND V AT COST 379,195 379,195
    PIMCO FDS INCOM FD INSTL AT COST 125,000 125,627
    VANGUARD INDEX FDS MID CAP ETF AT COST 1,157,801 1,639,273

    TY 2020 LegalFeesSchedule
    Name:
    WILLARD L & RUTH P ECCLES FOUNDATION
     
    C/O WHITTIER TRUST CO OF NEVADA
    EIN:
    47-6330351
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 1,917 959   958


    TY 2020 OtherExpensesSchedule
    Name:
    WILLARD L & RUTH P ECCLES FOUNDATION
     
    C/O WHITTIER TRUST CO OF NEVADA
    EIN:
    47-6330351
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADMINISTRATION EXPENSE 2,186 1,640   547


    TY 2020 OtherIncomeSchedule2
    Name:
    WILLARD L & RUTH P ECCLES FOUNDATION
     
    C/O WHITTIER TRUST CO OF NEVADA
    EIN:
    47-6330351
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    MISCELLANEOUS INCOME 17,330 17,330 17,330


    TY 2020 OtherIncreasesSchedule
    Name:
    WILLARD L & RUTH P ECCLES FOUNDATION
     
    C/O WHITTIER TRUST CO OF NEVADA
    EIN:
    47-6330351
    Description Amount
    ACCRUAL TO CASH CONVERSION 24,198
    UNREALIZED GAIN 173,296


    TY 2020 OtherLiabilitiesSchedule
    Name:
    WILLARD L & RUTH P ECCLES FOUNDATION
     
    C/O WHITTIER TRUST CO OF NEVADA
    EIN:
    47-6330351
    Description Beginning of Year - Book Value End of Year - Book Value
    DEFERRED EXCISE TAXES 88,068 120,185


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    WILLARD L & RUTH P ECCLES FOUNDATION
     
    C/O WHITTIER TRUST CO OF NEVADA
    EIN:
    47-6330351
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PHILANTHROPIC SERVICES AND INVESTMENT MANAGEMENT 198,510 49,322   147,967


    TY 2020 TaxesSchedule
    Name:
    WILLARD L & RUTH P ECCLES FOUNDATION
     
    C/O WHITTIER TRUST CO OF NEVADA
    EIN:
    47-6330351
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES PAID 2,821 2,821   0
    FEDERAL INCOME TAX 6,033 0   0