TY 2020 Form 990PF

- TIN:

Form990-PF
Click to see list of attachments

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Go 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
Ryobi Foundation

Number and street (or P.O. box number if mail is not delivered to street address)13110 Highway 82
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
Carbondale, CO81623

A Employer identification number

74-2517850

B Telephone number (see instructions)

(970) 963-4445

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$406,829,616J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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)


1	Contributions, gifts, grants, etc., received (attach schedule)	30,018,067
2	Check .............
3	Interest on savings and temporary cash investments	17		17	17
4	Dividends and interest from securities...	588,150		518,584	588,150
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		3,080,457
b	Gross sales price for all assets on line 6a 25,705,776
7	Capital gain net income (from Part IV, line 2)...			3,080,457
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).......		5,838		5,838
12	Total. Add lines 1 through 11........	33,692,529		3,599,058	594,005
13	Compensation of officers, directors, trustees, etc.	50,000				50,000
14	Other employee salaries and wages......	308,208			5,838	302,370
15	Pension plans, employee benefits.......	25,326				25,326
16a	Legal fees (attach schedule).........		19,623			19,623
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....		115,435	115,435	115,435
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		6,440	4,055	4,055	2,385
19	Depreciation (attach schedule) and depletion...		284,765
20	Occupancy..............	60,094				60,094
21	Travel, conferences, and meetings.......	6,334				6,334
22	Printing and publications..........
23	Other expenses (attach schedule).......		585,553	96	96	585,457
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	1,461,778		119,586	125,424	1,051,589
25	Contributions, gifts, grants paid.......	0				0
26	Total expenses and disbursements. Add lines 24 and 25	1,461,778		119,586	125,424	1,051,589
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	32,230,751
b	Net investment income (if negative, enter -0-)			3,479,472
c	Adjusted net income (if negative, enter -0-)...				468,581

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2020)

Form 990-PF (2020)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	1,487,088	1,876,244	1,876,244
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........	5,600
	10a	Investments—U.S. and state government obligations (attach schedule)	6,977,493	12,037,946	12,645,030
	b	Investments—corporate stock (attach schedule).......	17,468,987	31,950,380	44,887,905
	c	Investments—corporate bonds (attach schedule).......	2,508,074	4,749,965	4,926,689
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........
	14	Land, buildings, and equipment: basis 14,359,662
		Less: accumulated depreciation (attach schedule) 2,176,769	12,467,658	12,182,893	14,018,523
	15	Other assets (describe )	225,094,225	228,156,225	328,475,225
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	266,009,125	290,953,653	406,829,616
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons	6,747,002	6,747,002
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )		52,079
	23	Total liabilities (add lines 17 through 22).........	6,747,002	6,799,081
		Foundations that follow FASB ASC 958, check here
		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
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds	259,262,123	284,154,572
	29	Total net assets or fund balances (see instructions).....	259,262,123	284,154,572
	30	Total liabilities and net assets/fund balances (see instructions).	266,009,125	290,953,653

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

259,262,123

Enter amount from Part I, line 27a .....................

32,230,751

Other increases not included in line 2 (itemize) bullet

Add lines 1, 2, and 3 ..........................

291,492,874

Decreases not included in line 2 (itemize) bullet

7,338,302

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

284,154,572

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
b	Capital gain distributions
c
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	25,460,408	22,625,319	2,835,089
b	245,368		245,368
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			2,835,089
b			245,368
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	3,080,457
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 ...................		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

Reserved...........................

Reserved,..........................

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 and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Reserved................................	1	48,365
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
3	Add lines 1 and 2...........................	3	48,365
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	48,365
6	Credits/Payments:

a	2020 estimated tax payments and 2019 overpayment credited to 2020	6a	5,600
b	Exempt foreign organizations—tax withheld at source......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	5,600
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	854
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	43,619
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2021 estimated tax	Refunded	11

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Yes

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Yes

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2020)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

www.powersartcenter.org

The books are in care of bullet

Barbara J Hapgood Telephone no. bullet

(970) 963-4445

Located at bullet

13110 Highway 82CarbondaleCO ZIP+4 bullet

81623

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

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?......................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?...............YesNo

(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.).......YesNo

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 ........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

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?.............

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)):

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?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?......................YesNo

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.)..................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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?

Form 990-PF (2020)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?.............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?.....YesNo

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 ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?..........YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....

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? .................YesNo

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-)
Kimiko Powers	Pres to Feb 10.00	0
13110 Highway 82 Carbondale,CO81623	Pres to Feb 10.00	0
James T Bohart Jr	VP/Sec 20.00	25,000
13110 Highway 82 Carbondale,CO81623	VP/Sec 20.00	25,000
Barbara J Hapgood	Pres from Feb 50.00	25,000
13110 Highway 82 Carbondale,CO81623	Pres from Feb 50.00	25,000

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
Joel L Samuelson	Ops Director 40.00	139,900	7,775
13110 Highway 82 Carbondale,CO81623	Ops Director 40.00	139,900	7,775
Melissa T English	Director 40.00	84,850	3,440
13110 Highway 82 Carbondale,CO81623	Director 40.00	84,850	3,440






Total number of other employees paid over $50,000...................

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
Bessemer Trust Co NA	Investment management	115,435
630 Fifth Avenue New York,NY10111	Investment management	115,435

Total number of others receiving over $50,000 for professional services............. bullet

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	The Ryobi Foundation runs and operates the Powers Art Center, the Ryobi House, manages hundreds of acres under conservation easement, and works with other institutions to show art from artists that were part of the former collection of John and Kimiko Powers. The majority of the charitable activities are programs and exhibits through the Powers Art Center. In 2020, the Powers Art Center was open to the public for the majority of the year, closing only for COVID restrictions and for exhibit updates. The Powers Art Center is free to the general public for viewings and hosts events for elementary schools, high schools, and the local community college. In 2020, this included hosting the Colorado Rocky Mountain School, Delta High School, and Colorado Mountain College. In addition to hosting school and student groups, the Ryobi Foundation hosted museum and art groups from a variety of institutions with the hope of creating stronger collaborations. These groups included the Whitney Museum in	4,113,589
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......................... bullet

Form 990-PF (2020)

Page 8

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

37,310,782

Average of monthly cash balances.......................

1,265,186

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

38,575,968

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

38,575,968

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

578,640

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

37,997,328

Minimum investment return. Enter 5% of line 5..................

1,899,866

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.)

Minimum investment return from Part X, line 6....................

Tax on investment income for 2020 from Part VI, line 5......

Income tax for 2020. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

Distributable amount before adjustments. Subtract line 2c from line 1............

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

1,051,589

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

3,062,000

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

4,113,589

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.................

Adjusted qualifying distributions. Subtract line 5 from line 4..............

4,113,589

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)

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: $
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)

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 section4942(j)(3) or4942(j)(5)

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	(e) Total
	468,581	1,434,419	374,679	87,071	2,364,750
b 85% of line 2a .........	398,294	1,219,256	318,477	74,010	2,010,037
c Qualifying distributions from Part XII, line 4 for each year listed .....	4,113,589	781,061	712,827	851,911	6,459,388
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........		30,000			30,000
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....	4,113,589	751,061	712,827	851,911	6,429,388
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......	406,829,616	271,490,967	265,378,726	267,770,825	1,211,470,134
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)	342,493,748	238,525,154	240,385,045	240,965,273	1,062,369,220
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed...					0
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(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).)

Kimiko Powers

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

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)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year

Total ................................. 3a

bApproved for future payment

Total ................................. 3b

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	(e) Related or exempt function income (See instructions.)
aRetail sales					5,838
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	17
4 Dividends and interest from securities....			14	588,150
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	3,080,457
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)..				3,668,624	5,838

13Total. Add line 12, columns (b), (d), and (e)..................

3,674,462

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)
1a	The Powers Art Center sells informational art books, pottery, and crystals from the former collection of John and Kimiko Powers all to promote art.

Form 990-PF (2020)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2020)

Additional Data

Software ID:	20011551
Software Version:	2020v4.0

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

Schedule B
(Form 990, 990-EZ,
or 990-PF)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2020

Name of the organization

Ryobi Foundation

Employer identification number

74-2517850

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Arrow Bullet

Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)

Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2

Name of organization Ryobi Foundation

Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
1	Kimiko Powers 13112 Highway 82 Carbondale, CO81623	$ 30,017,522	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2020)

Schedule B (Form 990, 990-EZ, or 990-PF) (2020)

Page 3

Name of organization Ryobi Foundation		Employer identification number 74-2517850

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
1	Publicly-traded securities	$ 30,017,522	2020-10-13
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990, 990-EZ, or 990-PF) (2020)

Schedule B (Form 990, 990-EZ, or 990-PF) (2020)

Page 4


Name of organization Ryobi Foundation			Employer identification number 74-2517850
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990, 990-EZ, or 990-PF) (2020)

Additional Data

Software ID:	20011551
Software Version:	2020v4.0

- TIN:

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

TY 2020 DepreciationSchedule

Name:

Ryobi Foundation

EIN:

74-2517850

Software ID:

20011551

Software Version:

2020v4.0

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
Furniture and Fixtures	2015-01-01	45,089	29,334	SL	5.0000	9,018
Buildings	2015-01-01	10,754,150	1,367,247	SL	39.0000	275,747

- TIN:

TY 2020 InvestmentsCorpBondsSchedule

Name:

Ryobi Foundation

EIN:

74-2517850

Software ID:

20011551

Software Version:

2020v4.0

Name of Bond	End of Year Book Value	End of Year Fair Market Value
Abbvie Inc 3.750% 11/14/23	90,613	93,058
Amazon.com Inc 1.200% 06/03/27	105,403	106,950
American Honda Finance 1.950% 05/20/22	99,966	102,480
Analog Devices Inc 3.900% 12/15/25	171,730	171,489
Anheuser-Busch Co/Inbev 3.650% 02/01/26	97,408	103,130
Anthem Inc 3.650% 12/01/27	91,815	98,232
Archer-Daniels-Midland C 2.750% 03/27/25	83,434	87,576
Bank of America Corp 3.366% 01/23/26	150,000	167,441
Bank of NY Mellon Corp 1.600% 04/24/25	95,182	99,518
Bristol-Myers Squibb Co 1.450% 11/13/30	99,733	100,533
Broadcom Crp / Caymn Fi 3.625% 01/15/24	167,570	170,259
Burlingtn North Santa Fe 3.250% 06/15/27	95,600	96,506
Cigna Corp 3.750% 07/15/23	92,265	93,264
Citigroup Inc 3.668% 07/24/28	169,941	173,027
Comcast Corp 3.950% 10/15/25	89,899	92,519
D.R. Horton Inc 1.400% 10/15/27	170,129	171,659
Diageo Capital Plc 2.625% 04/29/23	105,367	115,609
Electronic Arts Inc 3.700% 03/01/21	95,711	96,405
Estee Lauder Co Inc 2.600% 04/15/30	98,796	99,768
Goldman Sachs Grp Inc 1.215% 07/24/23	60,027	60,717
HP Enterprise Co 2.250% 04/01/23	89,981	93,963
Jabil Inc 4.700% 09/15/22	101,841	102,874
JPMorgan Chase & Co 4.203% 07/23/29	155,771	181,474
Kimberly-Clark Corp 1.050% 09/15/27	100,342	101,674
Lowe's Cos Inc 3.120% 04/15/22	101,089	103,539
McDonald's Corp 3.300% 07/01/25	111,601	112,897
Microsoft Corp 2.400% 08/08/26	87,483	94,614
Morgan Stanley 3.875% 04/29/24	87,142	94,632
New York St UDC Rev 0.090% 01/01/30	105,000	105,008
Nutrien Ltd 3.625% 03/15/24	96,735	98,735
Oracle Corp Sr Glbl Nt 2.500% 05/15/22	95,895	97,818
Paypal Holdings Inc 1.650% 06/01/25	92,190	94,253
Pfizer Inc 3.200% 09/15/23	101,383	103,179
Qualcomm Inc 2.900% 05/20/24	179,355	194,565
Roper Technologies Inc 1.400% 09/15/27	99,860	101,773
Southwest Airlines Co 5.125% 06/15/27	170,559	172,717
Starbucks Corp 1.300% 05/07/22	95,238	96,480
Sumitomo Mitsui Finl Grp 2.632% 07/14/26	95,088	104,358
The Coca-Cola Co 3.375% 03/25/27	96,157	98,248
Toyota Motor Credit Corp 1.350% 08/25/23	94,964	97,948
TSY Inflation Index Bond 0.625% 01/15/24	161,236	174,171
Verizon Communications 1.750% 01/20/31	100,252	99,802
Westpac Banking Corp 2.000% 08/19/21	100,214	101,827

- TIN:

TY 2020 InvestmentsCorpStockSchedule

Name:

Ryobi Foundation

EIN:

74-2517850

Software ID:

20011551

Software Version:

2020v4.0

Name of Stock	End of Year Book Value	End of Year Fair Market Value
417 Abbott Laboratories	30,697	45,657
1,315 Abbvie Inc	115,712	140,902
514 Activision Blizzard Inc	28,733	47,724
462 Adobe Inc	187,761	231,055
729 Advance Auto Parts	74,014	115,006
864 Agilent Technologies	78,789	102,375
19,322 AIA Group Ltd	190,102	236,680
394 Air Products & Chemicals	61,504	108,176
1,085 Airbus Se	98,279	119,533
2,046 Alibaba Group Holdings Ltd	337,269	476,165
6,542 Alimentation Couche-Tard	209,552	222,664
700 Alphabet Inc Class C	721,766	1,226,315
417 Amazon.Com Inc	518,669	1,358,139
1,571 Ameren Corp	103,406	122,632
1,245 American Tower Corp	226,980	280,958
703 American Water Works Co	58,625	107,889
2,417 Ametek Inc New	243,169	292,311
353 Amgen Inc	67,535	81,161
1,231 Amphenol Corp	113,458	161,334
277 Ansys Inc	54,237	100,772
13,670 Anta Sports Products Ltd	121,766	216,624
218 Anthem Inc	62,262	69,997
542 Aon Plc	112,742	114,508
13,685 Apple Inc	650,160	1,815,861
612 Aptargroup Inc	59,864	83,776
845 ASML Holding	231,428	412,218
310 Aspen Technology	40,908	40,377
2,813 Atlas Copco Ab A	84,969	143,804
638 Autodesk Inc	192,239	194,806
382 Automatic Data Processing	57,198	67,533
24,806 Bank of America Corp	642,591	751,869
225 Blackrock Inc	99,313	162,346
8,639 Blackstone Group Inc	478,704	559,892
3,583 Bristol-Myers Squibb Co	222,832	224,009
170 Broadcom Inc	63,300	74,434
462 Burlington Stores Inc	75,111	120,836
1,201 Cadence Design Systems Inc	84,216	163,852
638 CDW Corp	63,593	84,082
495 Charter Communications Inc	241,995	327,467
827 Chubb Limited	101,776	127,936
423 Cintas Corp	76,029	149,513
2,811 Citigroup Inc	147,042	173,326
440 CMC Materials Inc	53,175	66,766
2,060 Coca-Cola Company	103,084	112,970
3,640 Comcast Corp Cl A New	187,560	190,736
385 Cooper Cos Inc	97,416	139,878
555 Costco Whsl Corp New	128,985	209,112
1,774 Danaher Corp	180,272	394,394
285 Deere & Co	57,396	76,896
2,867 Dollarama Inc	87,579	116,701
827 Dover Corp	65,300	104,408
565 Eaton Corp Plc	46,527	67,879
624 Equifax Inc	81,031	120,332
3,420 Facebook Inc-A	608,841	934,206
2,015 Fidelity Natl Info Svcs	194,917	285,041
2,192 Fiserv Inc	197,766	249,581
2,209 Fortive Co	113,910	156,441
18,490 General Electric Co	185,080	199,877
712 Genuine Parts Co	67,534	71,989
4,060 HDFC Bank Ltd Adr Reps3	189,758	293,375
1,634 Hilton Worldwide Holdings	170,854	181,798
868 Home Depot	125,305	230,557
1,070 Honeywell Intl Inc	201,117	227,589
1,872 IAA Inc	55,134	121,642
235 Idex Corp	31,166	46,812
644 Illinois Tool Works Inc	87,239	132,032
452 International Bus Machines	56,212	56,897
89 Intuitive Surgical	60,866	72,810
1,798 IQVIA Holdings Inc	263,069	322,147
6,935 Ishares Msci Europe Financ	120,965	121,639
4,523 JPMorgan Chase & Co	440,647	574,737
1,386 Kansas City Southern	182,168	283,534
535 Keyence Corp	167,827	300,587
1,667 Keysight Technologies Inc	157,111	220,194
514 Kla Corporation	81,208	133,079
253 L3 Harris Technologies Inc	39,718	47,822
453 Lab Corp of Amer Hldgs New	60,360	92,208
246 Lockheed Martin Corp	68,921	87,325
2,081 London Stock Exchange	222,899	255,923
345 L'oreal	78,744	131,576
1,535 Lowes Cos Inc	184,154	246,382
297 LVMH Moet Hennessy Vuitton	125,236	186,196
906 Mastercard Cl A	140,466	323,387
767 Match Group Inc	72,322	115,962
895 McDonald's Corp	173,361	192,048
732 Medtronic Plc	67,776	86,064
1,070 Merck & Co Inc New	81,627	88,222
8,075 Microsoft Corp	807,468	1,796,040
480 Motorola Solutions Inc	75,519	81,969
792 Nasdaq Inc.	68,973	105,130
1,295 New Oriental Ed&Tech Adr	191,381	240,623
1,361 Nextera Energy Inc	84,479	105,001
346 Nice Ltd Adr	53,147	98,104
2,353 Nike Inc Cl B	167,622	332,878
158 Northrop Grumman Corp	56,457	48,145
426 Nvidia Corp	135,021	222,457
263,876 OW Credit Income Fund	2,638,760	2,694,173
432,594 OW Small & Midcap Strat Fd	6,317,577	7,968,387
135 Paycom Software Inc	45,876	61,053
2,712 Pepsico Inc	283,950	404,824
739 Pinnacle West Capital Corp	63,858	59,083
2,156 Procter & Gamble Co	237,255	299,985
751 Prudential Financial	59,723	58,630
284 Public Storage Inc	58,187	65,584
540 Quest Diagnostics Inc	57,208	64,351
12,343 Rentokil Initial Plc	60,857	85,873
4,413 Ross Stores Inc	440,865	541,959
338 S&P Global Inc.	88,170	111,110
1,294 Safran Sa	164,915	184,113
1,499 Schneider Electric	158,435	217,603
2,350 Schwab Charles Corp New	115,876	124,644
915 Sea Ltd Adr	40,724	182,130
361 Servicenow Inc	91,986	198,705
260 Sherwin-Williams Co	136,415	191,076
585 Simon Prop Group	53,028	50,649
1,526 Smith A O Corp	66,111	83,655
1,123 SS&C Technologies Holdings	71,096	81,698
539 Starbucks Corp	36,573	57,662
568 Steris Plc	63,233	107,658
546 Synopsys Inc	63,489	141,545
993 TE Connectivity Ltd	77,684	120,222
292 Teleflex Inc	81,529	120,178
8,106 Tencent Holdings Ltd	312,852	589,485
2,771 Texas Instruments Inc	281,922	454,803
284 The Hershey Company	33,892	43,261
1,151 Thermo Fisher Scientific	337,061	536,395
2,441 Truist Financial Corp	98,335	116,997
2,325 Union Pacific Corp	385,180	484,111
1,761 Unitedhealth Group Inc	468,197	617,547
2,144 US Foods Holding Corp	55,529	71,416
53,860 Vanguard Ftse Emer Mkt Etf	2,092,179	2,698,924
342 Verisk Analytics Inc-Cl A	44,435	70,995
2,830 Verizon Communications	142,661	166,262
3,339 Visa Inc	444,993	730,338
1,362 Walmart Inc	168,628	197,067
319 Waste Management Inc New	29,289	37,619
111 West Pharmaceutical Svc	16,987	31,447
575 Wex Inc	88,551	117,029
1,185 Wyndham Hotels & Resorts	49,434	70,436
1,333 Zoetis Inc	93,910	220,611

- TIN:

TY 2020 InvestmentsGovtObligationsSch

Name:

Ryobi Foundation

EIN:

74-2517850

Software ID:

20011551

Software Version:

2020v4.0

US Government Securities - End of Year Book Value:

5,565,250

US Government Securities - End of Year Fair Market Value:

5,718,981

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

6,472,696

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

6,926,049

- TIN:

TY 2020 LandEtcSchedule2

Name:

Ryobi Foundation

EIN:

74-2517850

Software ID:

20011551

Software Version:

2020v4.0

Category / Item	Cost / Other Basis	Accumulated Depreciation	Book Value	End of Year Fair Market Value
Furniture and Fixtures	45,089	38,352	6,737	6,737
Machinery and Equipment	495,423	495,423
Buildings	10,754,150	1,642,994	9,111,156	9,111,156
Land	3,065,000		3,065,000	4,900,630

- TIN:

TY 2020 LegalFeesSchedule

Name:

Ryobi Foundation

EIN:

74-2517850

Software ID:

20011551

Software Version:

2020v4.0

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
General governance and counsel	19,623	0	0	19,623

- TIN:

TY 2020 LoansFromOfficersSchedule

Name:

Ryobi Foundation

EIN:

74-2517850

Software ID:

20011551

Software Version:

2020v4.0

Item No.	1
Lender's Name	Kimiko Powers
Lender's Title	President/Director
Original Amount of Loan	2950000
Balance Due	6747002
Date of Note	2009-06
Maturity Date
Repayment Terms	None
Interest Rate
Security Provided by Borrower	None
Purpose of Loan	Support charitable activities
Description of Lender Consideration	Payment of foundation expenses
Consideration FMV	6747002

- TIN:

TY 2020 OtherAssetsSchedule

Name:

Ryobi Foundation

EIN:

74-2517850

Software ID:

20011551

Software Version:

2020v4.0

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
2015 Art Purchases	520,000	520,000	520,000
Art Prints and Multiples	15,364,000	15,364,000	15,364,000
Japanese Art Collection	33,031,500	33,031,500	33,031,500
Jasper Johns Art Collection	2,997,725	3,059,725	3,059,725
Post-War and Contemp. Art	173,181,000	176,181,000	276,500,000

- TIN:

TY 2020 OtherDecreasesSchedule

Name:

Ryobi Foundation

EIN:

74-2517850

Software ID:

20011551

Software Version:

2020v4.0

Description	Amount
Difference between book & FMV of donated securities	7,338,302

- TIN:

TY 2020 OtherExpensesSchedule

Name:

Ryobi Foundation

EIN:

74-2517850

Software ID:

20011551

Software Version:

2020v4.0

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Art insurance	505,062			505,062
Bank charges	96	96	96
Dues and subscriptions	5,174			5,174
Licenses, permits, and fees	215			215
Office expense	6,968			6,968
Postage and shipping	343			343
Repairs and maintenance	60,551			60,551
Telephone	7,144			7,144

- TIN:

TY 2020 OtherIncomeSchedule2

Name:

Ryobi Foundation

EIN:

74-2517850

Software ID:

20011551

Software Version:

2020v4.0

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
Retail sales	5,838		5,838

- TIN:

TY 2020 OtherLiabilitiesSchedule

Name:

Ryobi Foundation

EIN:

74-2517850

Software ID:

20011551

Software Version:

2020v4.0

Description	Beginning of Year - Book Value	End of Year - Book Value
PPP loan		52,079

- TIN:

TY 2020 OtherProfessionalFeesSchedule

Name:

Ryobi Foundation

EIN:

74-2517850

Software ID:

20011551

Software Version:

2020v4.0

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Investment management fees	115,435	115,435	115,435	0

- TIN:

TY 2020 TaxesSchedule

Name:

Ryobi Foundation

EIN:

74-2517850

Software ID:

20011551

Software Version:

2020v4.0

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Foreign tax	4,055	4,055	4,055
State/ county tax	2,385			2,385