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
CLOUDSLEDGE CONSERVATION TRUST
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 158
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
HOPE, ID83836
A Employer identification number

82-0485545
B Telephone number (see instructions)

(206) 264-1167
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$10,475,252J 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      
4 Dividends and interest from securities... 270,617 270,617 270,617
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 7,181
b Gross sales price for all assets on line 6a 122,322
7 Capital gain net income (from Part IV, line 2)... 7,181
8 Net short-term capital gain......... 1
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 277,798 277,798 270,618
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 77,000 3,700 3,700 73,300
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 5,932 0 0 5,932
b Accounting fees (attach schedule)....... Click to see attachment 7,094 3,547 3,547 3,547
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 25,362 169 169 15,716
19 Depreciation (attach schedule) and depletion... Click to see attachment 74,927 0 0
20 Occupancy.............. 4,960 0 0 4,960
21 Travel, conferences, and meetings....... 3,156 0 0 3,156
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 122,876 0 0 122,876
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 321,307 7,416 7,416 229,487
25 Contributions, gifts, grants paid....... 6,500 6,500
26 Total expenses and disbursements. Add lines 24 and 25 327,807 7,416 7,416 235,987
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -50,009
b Net investment income (if negative, enter -0-) 270,382
c Adjusted net income (if negative, enter -0-)... 263,202
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............. 76,092 58,900 58,900
2 Savings and temporary cash investments......... 977,756 669,795 669,795
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 289,033 Click to see attachment67,215 67,215
b Investments—corporate stock (attach schedule)....... 1,550,201 Click to see attachment2,036,348 2,036,348
c Investments—corporate bonds (attach schedule)....... 2,534,248 Click to see attachment2,866,920 2,866,920
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans............. 84,224 68,523 68,523
13 Investments—other (attach schedule).......... 1,959,077 Click to see attachment1,829,601 1,829,601
14 Land, buildings, and equipment: basis bullet3,353,911
Less: accumulated depreciation (attach schedule) bullet477,141 2,899,448 Click to see attachment2,876,770 2,876,770
15 Other assets (describe bullet) Click to see attachment1,180 Click to see attachment1,180 Click to see attachment1,180
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 10,371,259 10,475,252 10,475,252
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment43,582 Click to see attachment12,818
23 Total liabilities (add lines 17 through 22)......... 43,582 12,818
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........ 10,327,677 10,462,434
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 10,327,677 10,462,434
30 Total liabilities and net assets/fund balances (see instructions). 10,371,259 10,475,252
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
10,327,677
2
Enter amount from Part I, line 27a .....................
2
-50,009
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
184,766
4
Add lines 1, 2, and 3 ..........................
4
10,462,434
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
10,462,434
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   2018-06-30 2020-06-30
b PUBLICLY TRADED SECURITIES   2020-01-01 2020-06-30
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 122,319   115,139 7,180
b 3   2 1
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       7,180
b       1
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 7,181
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 1
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 3,758
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 3,758
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 3,758
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 6,560
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 6,560
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 2,802
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet2,802 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletID
    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.CLOUDSLEDGE.ORG
    14
    The books are in care ofbulletD ARTHUR GREEN Telephone no.bullet (208) 266-1167

    Located atbulletP O BOX 158HOPEID ZIP+4bullet83836
    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
     
    No
    ........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
    DOUGLAS ARTHUR GREEN TRUSTEE
    35.00     		37,000 0 0
    PO BOX 158
    HOPE,ID83836
    JOANNA SELLS TRUSTEE
    7.00     		24,000 0 0
    PO BOX 158
    HOPE,ID83836
    MICHAEL B TUEL THRU APRIL TRUSTEE
    4.00     		16,000 0 0
    PO BOX 158
    HOPE,ID83836
    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
    SCOTT NEER TREE SERVICE LANDSCAPING SERVICES 75,857
    1128 SPRINGFIELD WAY
    SAGLE,ID83860
    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 IN ACCORDANCE WITH THE PURPOSES OF THE TRUST, "TO PRESERVE IN PERPETUITY THE CLOUDSLEDGE FOREST BY SILVICULTURE": DEAD AND DYING TREES WERE CAREFULLY REMOVED FROM THE FOREST OR INCORPORATED TO IMPROVE SOIL STABILITY OR WILDLIFE HABITAT. SEEDLING PONDEROSA PINE, WESTERN LARCH, AND WESTERN WHITE PINE WERE PLANTED TO REPLACE DYING DOUGLAS FIR AND OTHER SPECIES. NOXIOUS WEEDS WERE SPRAYED, PULLED OR TREATED WITH BIOLOGICAL CONTROL. BUILDINGS AND/OR INFRASTRUCTURE WERE REPAIRED, UPDATED OR REPLACED AS NECESSARY. GOODWILL GRANTS WERE AWARDED IN THE LOCAL COMMUNITY, AND GROUPS OF PEOPLE VISITED THE FOREST FOR RECREATION, EDUCATION AND SCIENTIFIC PURPOSES. 217,876
    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
    6,444,821
    b
    Average of monthly cash balances.......................
    1b
    764,052
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    7,208,873
    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
    7,208,873
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    108,133
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    7,100,740
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    355,037
    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
    235,987
    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
    52,249
    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
    288,236
    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
    288,236
    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
     
    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
    263,202 335,677 332,574 292,903 1,224,356
    b 85% of line 2a ......... 223,722 285,325 282,688 248,968 1,040,703
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		288,236 257,670 382,634 270,378 1,198,918
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		3,000 3,000 3,000 3,000 12,000
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		285,236 254,670 379,634 267,378 1,186,918
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......         0
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		         0
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		236,691 234,895 221,716 223,315 916,617
    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
    BONNER SOIL & WATER CONSERVATION DISTRICT
    1224 WASHINGTION AVE SUITE 101
    SANDPOINT,ID83864     		N/A GOVERNMENT PEND OREILLE WATER FESTIVAL 2020 1,000
    HOPE SCHOOL
    255 HOPE SCHOOL ROAD
    HOPE,ID83836     		N/A GOVERNMENT 2020 FIELD TRIPS 3,500
    PANHANDLE SPECIAL NEEDS
    1424 N BOYER
    SANDPOINT,ID83864     		N/A PUBLIC CHARITY NATIVE PLANT GROWING AND ART GRANT 2,000
    Total .................................bullet 3a 6,500
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 270,617  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 7,181  
    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).. 0 277,798 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    277,798
    (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)
    Yes
     
    (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
    1a(1) 1,000 BONNER SOIL AND WATER CONSERVATION DISTRICT GRANT TO A STATE WATER CONSERVATION DISTRICT
    1a(1) 3,500 HOPE SCHOOL GRANT TO A PUBLIC SCHOOL
    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:
    CLOUDSLEDGE CONSERVATION TRUST
    EIN:
    82-0485545
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 7,094 3,547 3,547 3,547

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

    TY 2020 DepreciationSchedule
    Name:
    CLOUDSLEDGE CONSERVATION TRUST
    EIN:
    82-0485545
    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
    358 42 ACRES HOPE ID 2001-10-31 841,500   L   0 0 0  
    21429 ACRES HOPE ID 2001-10-31 135,700   L   0 0 0  
    110 ACRES HOPE ID 2001-10-31 16,645   L   0 0 0  
    2.070 ACRES HOPE ID 2001-10-31 248   L   0 0 0  
    147 ACRES HOPE ID 2001-10-31 100   L   0 0 0  
    HOUSEHOLD FURNISHINGS 2001-10-31 2,500   L   0 0 0  
    PERSONAL EFFECTS 2001-10-31 750   L   0 0 0  
    ELECTRICAL WORK 2006-04-13 2,040 767 SL 0 % 0 0 0  
    WATER TANK 2006-08-30 2,120 774 SL 0 % 0 0 0  
    BATHROOM FIXTURES 2006-11-06 4,343 1,573 SL 0 % 0 0 0  
    SEPTIC TANK 2006-10-06 7,897 2,880 SL 0 % 0 0 0  
    IMPROVEMENT JUNE 2008 2008-06-27 17,231 5,525 SL 0 % 0 0 0  
    IMPROVEMENT JULY 2008 2008-07-14 4,390 1,412 SL 0 % 0 0 0  
    IMPROVEMENT NOV 2008 2008-11-17 7,549 2,344 SL 0 % 0 0 0  
    IMPROVEMENT 7/30/09 2009-07-30 15,776 4,624 SL 0 % 0 0 0  
    IMPROVEMENT 2007-01-01 10,000 3,584 SL 0 % 0 0 0  
    IMPROVEMENT 2007-01-01 42,178 15,135 SL 0 % 0 0 0  
    IMPROVEMENT 2007-08-16 4,885 1,667 SL 0 % 0 0 0  
    IMPROVEMENT 2007-10-30 8,428 2,844 SL 0 % 0 0 0  
    IMPROVEMENT MAY 2008 2008-05-28 4,714 1,523 SL 0 % 0 0 0  
    IMPROVEMENT JULY 2008 2008-07-01 132,945 42,613 SL 0 % 0 0 0  
    IMPROVEMENT JULY 2008 2008-07-18 2,016 646 SL 0 % 0 0 0  
    IMPROVEMENT NOV 2008 2008-11-21 41,134 12,748 SL 0 % 0 0 0  
    IMPROVEMENT 7/16/09 2009-07-16 10,477 3,071 SL 0 % 0 0 0  
    IMPROVEMENT 10/14/09 2009-10-14 8,897 2,565 SL 0 % 0 0 0  
    IMPROVEMENT 10/29/09 2009-10-29 20,920 5,985 SL 0 % 0 0 0  
    IMPROVEMENT 11/02/09 2009-11-02 917 268 SL 0 % 0 0 0  
    IMPROVEMENT 12/30/09 2009-12-30 14,000 3,949 SL 0 % 0 0 0  
    IMPROVEMENT 6/30/09 2009-06-30 44,627 13,156 SL 0 % 0 0 0  
    IMPROVEMENT 1/1/10 2010-01-01 10,170 2,871 SL 0 % 0 0 0  
    IMPROVEMENT JAN 2010 2010-01-01 20,466 5,775 SL 0 % 0 0 0  
    IMPROVEMENT JUNE 2010 2010-06-30 1,169 315 SL 0 % 0 0 0  
    IMPROVEMENT JULY 2010 2010-07-31 79,975 21,364 SL 0 % 0 0 0  
    IMPROVEMENT AUG 2010 2010-08-31 2,966 785 SL 0 % 0 0 0  
    IMPROVEMENT NOV 2010 2010-11-30 14,235 3,680 SL 0 % 0 0 0  
    RIECHER PROPERTY 2010-11-30 1,550   SL 0 % 0 0 0  
    PAINTING COTTAGE 2011-05-25 4,735 1,160 L   0 0 0  
    PAINTING MAIN HOUSE INTERIOR AND DOORS 2011-06-02 8,420 2,070 SL 0 % 0 0 0  
    BUILD RAISED BEDS FOR SEEDLINGS 2011-08-12 12,802 8,033 SL 0 % 0 0 0  
    REPAVING DRIVEWAYS 2011-11-28 138,480 83,857 SL 0 % 0 0 0  
    CHIMNEY AND WALL OF MAIN HOUSE 2012-08-21 8,212 1,758 SL 0 % 0 0 0  
    GROUNDS IMPROVEMENT 2012-08-16 29,750 16,525 SL 0 % 0 0 0  
    HOPE IDAHO LAND SURVEY 2012-10-08 13,395   L   0 0 0  
    DENTON PROPERTY 2012-11-12 169,550   L   0 0 0  
    BLISSFUL ACRES PROPERTY - RAW LAND 2012-11-07 170,155   L   0 0 0  
    RIECHART PROPERTY * 2012-06-21 346,958   L   0 0 0  
    PICNIC TABLES 2012-04-26 7,794 7,791 SL 0 % 0 0 0  
    BLISSFUL ACRES PROPERTY DRAIN FIELDS 2012-11-07 6,000 3,267 SL 0 % 0 0 0  
    BLISSFUL ACRES PROPERTY GRAVEL ACCESS 2012-11-07 10,000 5,447 SL 0 % 0 0 0  
    DISPLAY 2013-08-01 1,300 1,300 SL 0 % 0 0 0  
    FIRE PROTECTION INSTALLATION 2013-09-11 31,170 15,239 SL 0 % 0 0 0  
    HOPE IDAHO LAND SURVEY 2013-09-11 8,520   L   0 0 0  
    DENTON PROPERTY LAND SURVEY 2013-05-22 5,022   L   0 0 0  
    MAIN HOUSE IMPROVEMENTS 2013-10-04 55,001 10,223 SL 0 % 0 0 0  
    COUGAR CREEK SOUTH 2014-04-03 151,400   L   0 0 0  
    TAC HOUSE REPAIRS 2014-07-18 13,494 2,220 SL 0 % 0 0 0  
    DYNAMITE SHED REPAIRS 2014-08-21 15,485 2,514 SL 0 % 0 0 0  
    LOAFING SHED REPAIRS 2014-10-21 20,428 3,231 SL 0 % 0 0 0  
    FIREWOOD SPLITTER 2014-05-12 1,060 1,007 SL 0 % 0 0 0  
    CAMERA SECURITY SYSTEM 2014-10-20 3,110 2,738 SL 0 % 0 0 0  
    COUGAR CREEK NORTH 2014-04-03 25,000   L   0 0 0  
    MAIN HOUSE LAUNDRY ADDITION 2015-11-09 78,474 10,395 SL 0 % 0 0 0  
    TUNNEL IMPROVEMENT PROJECT 2016-12-01 118,627 24,218 SL 0 % 0 0 0  
    PRECISION CHEMICAL 2016-05-09 4,938 3,290 SL 0 % 0 0 0  
    TUNNEL IMPROVEMENT PROJECT 2017-09-15 49,766 8,293 SL 0 % 0 0 0  
    MR PROJECT 2020-06-16 41,902   NC 0 % 0 0 0  
    TOOLS AND YARD EQUIPMENT 2001-10-31 1,000   L   0 0 0  
    WHEEL BARROW 2006-02-06 128 128 SL 0 % 0 0 0  
    AIR COMPRESSOR 2006-03-09 322 322 SL 0 % 0 0 0  
    APPLIANCE 2006-05-10 1,099 1,099 SL 0 % 0 0 0  
    WEATHER STATION EQUIPMENT 2008-09-02 1,373 1,373 SL 0 % 0 0 0  
    COLUMBIA TRACTOR 2010-04-07 10,282 10,282 SL 0 % 0 0 0  
    SCREEN PROJECTOR SOUND SYSTEM: COTTAGE 2011-09-13 5,530 5,530 SL 0 % 0 0 0  
    ELECTRIC WIRING COTTAGE SOUND SYSTEM 2011-10-19 2,975 697 SL 0 % 0 0 0  
    AIR CONDITIONER 2012-05-07 11,859 2,635 SL 0 % 0 0 0  
    POWER UPGRADE OF ALPINE HOUSE 2012-12-18 7,448 1,528 SL 0 % 0 0 0  
    ELECTRIC RANGE AND HOOD 2013-05-02 2,026 2,023 SL 0 % 0 0 0  
    REFRIGERATOR 2013-05-10 1,649 1,649 SL 0 % 0 0 0  
    ORE CAR 2014-05-12 3,085 2,940 SL 0 % 0 0 0  
    WATER STORAGE TANKS 2017-03-29 9,438 1,770 SL 0 % 0 0 0  
    NEW PUMPS @ UPPER SPRING & MAIN HOUSE 2017-10-22 5,445 2,464 SL 0 % 0 0 0  
    2018 BOBCAT E45 BOBCAT EXACAVATOR MINI/COMPAC 2018-06-29 115,613 41,290 SL 0 % 0 0 0  
    2007 FORD 4X4 AXLE DUMP TRUCK 2018-12-06 67,500 20,090 SL 0 % 0 0 0  
    2020 6X12 BIG TANDEM AXLE DUMP TRAILER 2019-12-31 6,192 885 SL 0 % 0 0 0  
    2020 5X8 BIG TEX SINGLE AXLE DUMP TRAILER 2019-12-31 4,194 599 SL 0 % 0 0 0  
    LANDSCAPE BUCKET FOR THE EXCAVATOR 2020-06-09 1,655 138 SL 0 % 0 0 0  
    BULLDOZER FOR MR PROJECT 2020-06-06 5,009 417 SL 0 % 0 0 0  
    BULLDOZER FOR MR PROJECT 2020-06-27 3,683 263 SL 0 % 0 0 0  

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    CLOUDSLEDGE CONSERVATION TRUST
    EIN:
    82-0485545
    Name of Bond End of Year Book Value End of Year Fair Market Value
    DOW CHEMICAL 30,575 30,575
    DUKE CAPITAL 48,331 48,331
    ENTERPRISE SERVICES LLC 13,068 13,068
    GE CAPITAL 17,394 17,394
    GOLDMAN SACHS 114,635 114,635
    HP ENTERPRISE CO 23,693 23,693
    HP ENTERPRISE CO 125,047 125,047
    INTEL CORP SR 74,633 74,633
    JOHNSON & JOHNSON 63,529 63,529
    LEHMAN BROTHERS 280 280
    MOTOROLA SOLUTIONS INC 31,791 31,791
    INTEGRYS ENERGY FXD-FLTG NTS 106,506 106,506
    WYETH BONDS 78,133 78,133
    WESTERN UNION CO 74,778 74,778
    WESTERN UNION CO 95,198 95,198
    VIACOM INC SR 31,143 31,143
    DISH DBS 10,325 10,325
    VERIZON MARYLAND INC 58,585 58,585
    PRUDENTIAL FINANCIAL INC 99,750 99,750
    KOHLS CORPORATION 26,490 26,490
    CITIGROUP INC GLOBAL BONDS 8,081 8,081
    CISCO SYSTEMS INC 74,738 74,738
    LEHMAN BROS HIDG INC 920 920
    PRUDENTIAL FINL INC NOTES 71,116 71,116
    WELLS FARGO & CO SR GLOBAL NTS 102,607 102,607
    MICROSOFT CORP NOTE 3.50% 123,170 123,170
    MICROSOFT CORP NOTE 5.20% 188,565 188,565
    AT&T INC NT 5.35% 262,258 262,258
    ORACLE CORP NOTE 122,782 122,782
    INTEL CORP SR NT 4.25% 128,741 128,741
    AT&T INC NT 4.80% 124,875 124,875
    ALCOA INC 60,250 60,250
    AT&T INC 186,634 186,634
    BELLSOUTH TELECOMM 55,970 55,970
    BOEING CO GLOBAL BONDS 65,499 65,499
    MICROSOFT CORP NOTE 4.50% 105,215 105,215
    CBS CORP COMPANY 61,615 61,615

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    CLOUDSLEDGE CONSERVATION TRUST
    EIN:
    82-0485545
    Name of Stock End of Year Book Value End of Year Fair Market Value
    VODAFONE GROUP PLC NEW 2,933 2,933
    VERIZON COMMUNICATIONS 5,053 5,053
    WELL FARGO & CO DEP SHS CI A 183,705 183,705
    WELLTOWER INC REIT 323,100 323,100
    WELLS FARGO & CO 90,540 90,540
    VIATRIS INC 4,648 4,648
    PFIZER INC 73,620 73,620
    MICROSOFT CORP 224,158 224,158
    IBM 130,801 130,801
    HEALTHPEAK PPTYS INC 241,840 241,840
    VERIZON COMMUNICATIONS 411,250 411,250
    CHEVRON CORP 168,900 168,900
    FORD MOTOR CO DEL 175,800 175,800

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    CLOUDSLEDGE CONSERVATION TRUST
    EIN:
    82-0485545
    US Government Securities - End of Year Book Value:

    0
    US Government Securities - End of Year Fair Market Value:

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


    67,215
    State & Local Government Securities - End of Year Fair Market Value:


    67,215


    TY 2020 InvestmentsOtherSchedule2
    Name:
    CLOUDSLEDGE CONSERVATION TRUST
    EIN:
    82-0485545
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    AMERICAN BOND FUND OF AMER A FMV 95,531 95,531
    ISHARES S&P US PFD STK INDX FD FMV 208,532 208,532
    AMERICAN INVEST CO OF AMER A FMV 358,041 358,041
    AMERICAN INC FUND OF AMER A FMV 318,516 318,516
    INVESCO EXCHANGE-TRADED FD TR FMV 214,449 214,449
    AMERICAN INT BD FD OF AMER A FMV 80,936 80,936
    AMERICAN CAPITAL WORLD BOND A FMV 60,164 60,164
    VK LONG TERM INVT GRADE TR 54 FMV 57,276 57,276
    VK BLD AMER BDS INCM TR 26 FMV 35,355 35,355
    VK BLD AMERICA BDS INCM TR 11 FMV 35,783 35,783
    FT BUILD AMERICA BONDS SER 26 FMV 39,478 39,478
    VK INSURED INCOME TR SER 101 FMV 21,649 21,649
    C&S PREFERRED SECS & INCOME A FMV 303,891 303,891

    TY 2020 LandEtcSchedule2
    Name:
    CLOUDSLEDGE CONSERVATION TRUST
    EIN:
    82-0485545
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    358 42 ACRES HOPE ID 841,500 0 841,500  
    21429 ACRES HOPE ID 135,700 0 135,700  
    110 ACRES HOPE ID 16,645 0 16,645  
    2.070 ACRES HOPE ID 248 0 248  
    147 ACRES HOPE ID 100 0 100  
    HOUSEHOLD FURNISHINGS 2,500 0 2,500  
    PERSONAL EFFECTS 750 0 750  
    ELECTRICAL WORK 2,040 767 1,273  
    WATER TANK 2,120 774 1,346  
    BATHROOM FIXTURES 4,343 1,573 2,770  
    SEPTIC TANK 7,897 2,880 5,017  
    IMPROVEMENT JUNE 2008 17,231 5,525 11,706  
    IMPROVEMENT JULY 2008 4,390 1,412 2,978  
    IMPROVEMENT NOV 2008 7,549 2,344 5,205  
    IMPROVEMENT 7/30/09 15,776 4,624 11,152  
    IMPROVEMENT 10,000 3,584 6,416  
    IMPROVEMENT 42,178 15,135 27,043  
    IMPROVEMENT 4,885 1,667 3,218  
    IMPROVEMENT 8,428 2,844 5,584  
    IMPROVEMENT MAY 2008 4,714 1,523 3,191  
    IMPROVEMENT JULY 2008 132,945 42,613 90,332  
    IMPROVEMENT JULY 2008 2,016 646 1,370  
    IMPROVEMENT NOV 2008 41,134 12,748 28,386  
    IMPROVEMENT 7/16/09 10,477 3,071 7,406  
    IMPROVEMENT 10/14/09 8,897 2,565 6,332  
    IMPROVEMENT 10/29/09 20,920 5,985 14,935  
    IMPROVEMENT 11/02/09 917 268 649  
    IMPROVEMENT 12/30/09 14,000 3,949 10,051  
    IMPROVEMENT 6/30/09 44,627 13,156 31,471  
    IMPROVEMENT 1/1/10 10,170 2,871 7,299  
    IMPROVEMENT JAN 2010 20,466 5,775 14,691  
    IMPROVEMENT JUNE 2010 1,169 315 854  
    IMPROVEMENT JULY 2010 79,975 21,364 58,611  
    IMPROVEMENT AUG 2010 2,966 785 2,181  
    IMPROVEMENT NOV 2010 14,235 3,680 10,555  
    RIECHER PROPERTY 1,550 0 1,550  
    PAINTING COTTAGE 4,735 1,160 3,575  
    PAINTING MAIN HOUSE INTERIOR AND DOORS 8,420 2,070 6,350  
    BUILD RAISED BEDS FOR SEEDLINGS 12,802 8,033 4,769  
    REPAVING DRIVEWAYS 138,480 83,857 54,623  
    CHIMNEY AND WALL OF MAIN HOUSE 8,212 1,758 6,454  
    GROUNDS IMPROVEMENT 29,750 16,525 13,225  
    HOPE IDAHO LAND SURVEY 13,395 0 13,395  
    DENTON PROPERTY 169,550 0 169,550  
    BLISSFUL ACRES PROPERTY - RAW LAND 170,155 0 170,155  
    RIECHART PROPERTY * 346,958 0 346,958  
    PICNIC TABLES 7,794 7,791 3  
    BLISSFUL ACRES PROPERTY DRAIN FIELDS 6,000 3,267 2,733  
    BLISSFUL ACRES PROPERTY GRAVEL ACCESS 10,000 5,447 4,553  
    DISPLAY 1,300 1,300 0  
    FIRE PROTECTION INSTALLATION 31,170 15,239 15,931  
    HOPE IDAHO LAND SURVEY 8,520 0 8,520  
    DENTON PROPERTY LAND SURVEY 5,022 0 5,022  
    MAIN HOUSE IMPROVEMENTS 55,001 10,223 44,778  
    COUGAR CREEK SOUTH 151,400 0 151,400  
    TAC HOUSE REPAIRS 13,494 2,220 11,274  
    DYNAMITE SHED REPAIRS 15,485 2,514 12,971  
    LOAFING SHED REPAIRS 20,428 3,231 17,197  
    FIREWOOD SPLITTER 1,060 1,007 53  
    CAMERA SECURITY SYSTEM 3,110 2,738 372  
    COUGAR CREEK NORTH 25,000 0 25,000  
    MAIN HOUSE LAUNDRY ADDITION 78,474 10,395 68,079  
    TUNNEL IMPROVEMENT PROJECT 118,627 24,218 94,409  
    PRECISION CHEMICAL 4,938 3,290 1,648  
    TUNNEL IMPROVEMENT PROJECT 49,766 8,293 41,473  
    MR PROJECT 41,902 0 41,902  
    TOOLS AND YARD EQUIPMENT 1,000 0 1,000  
    WHEEL BARROW 128 128 0  
    AIR COMPRESSOR 322 322 0  
    APPLIANCE 1,099 1,099 0  
    WEATHER STATION EQUIPMENT 1,373 1,373 0  
    COLUMBIA TRACTOR 10,282 10,282 0  
    SCREEN PROJECTOR SOUND SYSTEM: COTTAGE 5,530 5,530 0  
    ELECTRIC WIRING COTTAGE SOUND SYSTEM 2,975 697 2,278  
    AIR CONDITIONER 11,859 2,635 9,224  
    POWER UPGRADE OF ALPINE HOUSE 7,448 1,528 5,920  
    ELECTRIC RANGE AND HOOD 2,026 2,023 3  
    REFRIGERATOR 1,649 1,649 0  
    ORE CAR 3,085 2,940 145  
    WATER STORAGE TANKS 9,438 1,770 7,668  
    NEW PUMPS @ UPPER SPRING & MAIN HOUSE 5,445 2,464 2,981  
    2018 BOBCAT E45 BOBCAT EXACAVATOR MINI/COMPAC 115,613 41,290 74,323  
    2007 FORD 4X4 AXLE DUMP TRUCK 67,500 20,090 47,410  
    2020 6X12 BIG TANDEM AXLE DUMP TRAILER 6,192 885 5,307  
    2020 5X8 BIG TEX SINGLE AXLE DUMP TRAILER 4,194 599 3,595  
    LANDSCAPE BUCKET FOR THE EXCAVATOR 1,655 138 1,517  
    BULLDOZER FOR MR PROJECT 5,009 417 4,592  
    BULLDOZER FOR MR PROJECT 3,683 263 3,420  


    TY 2020 LegalFeesSchedule
    Name:
    CLOUDSLEDGE CONSERVATION TRUST
    EIN:
    82-0485545
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 5,932 0 0 5,932


    TY 2020 OtherAssetsSchedule
    Name:
    CLOUDSLEDGE CONSERVATION TRUST
    EIN:
    82-0485545
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DEPOSITS 1,180 1,180 1,180


    TY 2020 OtherExpensesSchedule
    Name:
    CLOUDSLEDGE CONSERVATION TRUST
    EIN:
    82-0485545
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INSURANCE 14,597 0 0 14,597
    BANK FEES 4,342 0 0 4,342
    REPAIRS AND MAINTENANCE 15,251 0 0 15,251
    SILVICULTURE EXPENSES 79,293 0 0 79,293
    SUPPLIES 2,767 0 0 2,767
    OFFICE EXPENSE 3,146 0 0 3,146
    SOFTWARE 1,290 0 0 1,290
    STORAGE AND WAREHOUSING 895 0 0 895
    MEMBERSHIP DUES 805 0 0 805
    SMALL TOOLS 490 0 0 490


    TY 2020 OtherIncreasesSchedule
    Name:
    CLOUDSLEDGE CONSERVATION TRUST
    EIN:
    82-0485545
    Description Amount
    UNREALIZED GAINS AND LOSSES 184,766


    TY 2020 OtherLiabilitiesSchedule
    Name:
    CLOUDSLEDGE CONSERVATION TRUST
    EIN:
    82-0485545
    Description Beginning of Year - Book Value End of Year - Book Value
    PNC EQUIPMENT FINANCE - BOBCAT LEASE 43,582 12,818


    TY 2020 TaxesSchedule
    Name:
    CLOUDSLEDGE CONSERVATION TRUST
    EIN:
    82-0485545
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROPERTY TAX 12,215 0 0 12,215
    PAYROLL TAX 149 0 0 149
    MISCELLANEOUS TAXES AND LICENSES 3,522 169 169 3,352
    FEDERAL TAXES 9,476 0 0 0