Form990-PF
Click to see attachment

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
SEQUOIA FARM FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)145 N MERCHANT ST
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
DECATUR, IL62523
A Employer identification number

45-5160833
B Telephone number (see instructions)

(217) 423-9286
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$103,697,703J 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) 625,000
2 Check bullet.............
3 Interest on savings and temporary cash investments 18,082 18,082 18,082
4 Dividends and interest from securities...      
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,114,162
b Gross sales price for all assets on line 6a 8,447,601
7 Capital gain net income (from Part IV, line 2)... 1,114,162
8 Net short-term capital gain......... 100
9 Income modifications........... 1,766,243
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 2,006,689    
12 Total. Add lines 1 through 11........ 3,763,933 1,132,244 1,784,425
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages...... 919,020     919,020
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 54,181     54,181
b Accounting fees (attach schedule)....... Click to see attachment 12,853     12,853
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 448,713     448,713
19 Depreciation (attach schedule) and depletion... Click to see attachment 2,867,170    
20 Occupancy.............. 234,165     234,165
21 Travel, conferences, and meetings....... 30,196     30,196
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 1,283,446     1,283,446
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 5,849,744 0   2,982,574
25 Contributions, gifts, grants paid....... 45,400 45,400
26 Total expenses and disbursements. Add lines 24 and 25 5,895,144 0   3,027,974
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -2,131,211
b Net investment income (if negative, enter -0-) 1,132,244
c Adjusted net income (if negative, enter -0-)... 1,784,425
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............. 119,468 320,757 325,952
2 Savings and temporary cash investments......... 636,589 3,799,125 3,799,125
3 Accounts receivable bullet9,242
Less: allowance for doubtful accounts bullet   6,299 9,242 9,242
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) bullet7,061,702
Less: allowance for doubtful accounts bullet     7,061,702 7,061,702
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 14,986    
10a Investments—U.S. and state government obligations (attach schedule)   299,983 299,996
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet103,159,840
Less: accumulated depreciation (attach schedule) bullet19,807,022 93,947,017 Click to see attachment83,352,818 90,800,000
15 Other assets (describe bullet) Click to see attachment51,383 Click to see attachment1,401,686 Click to see attachment1,401,686
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 94,775,742 96,245,313 103,697,703
Liabilities 17 Accounts payable and accrued expenses.......... 15,828  
18 Grants payable.................    
19 Deferred revenue.................   1,838,229
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 attachment12,138
23 Total liabilities (add lines 17 through 22)......... 15,828 1,850,367
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 94,759,914 94,394,946
29 Total net assets or fund balances (see instructions)..... 94,759,914 94,394,946
30 Total liabilities and net assets/fund balances (see instructions). 94,775,742 96,245,313
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
94,759,914
2
Enter amount from Part I, line 27a .....................
2
-2,131,211
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
1,766,243
4
Add lines 1, 2, and 3 ..........................
4
94,394,946
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
94,394,946
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 BLDG & IMPR - AZ FARM P 2011-06-01 2020-10-22
b IMPROVEMENTS - AZ FARM P 2014-04-22 2020-10-22
c IMPROVEMENTS - AZ FARM P 2014-08-08 2020-10-22
d IMPROVEMENTS - AZ FARM P 2014-02-10 2020-10-22
e JD997 MOWER - IL FARM P 2014-11-05 2020-05-20
JD 997 MOWER - IL FARM P 2014-11-05 2020-05-20
JD 9470R TRACTOR -IL FARM P 2015-12-01 2020-01-09
2015 JEEP WRGR VIN#7946 P 2015-03-20 2020-09-10
2015 FORD F150 VIN#3895 P 2015-12-30 2020-09-18
2016 JEEP GD CHR VIN#4736 P 2016-06-25 2020-11-30
2017 FORD F250 VIN#6927 P 2017-01-31 2020-10-16
2017 FORD F250 VIN#4368 P 2017-01-31 2020-09-18
IMPROVEMENTS - NE FARM P 2017-09-26 2020-10-23
LAND IMPROV - NM FARM P 2019-05-30 2020-09-14
EQUIPMENT - IL FARM P 2019-08-27 2020-08-10
CAPITAL EXP - AZ FARM P 2014-06-30 2020-10-22
PIVOT - TX FARM P 2018-06-27 2020-07-30
(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 7,661,065 2,327,623 9,179,388 809,300
b   16,432 17,696 -1,264
c   2,568 2,876 -308
d   2,511 2,607 -96
e 6,000 13,400 16,799 2,601
6,000 13,400 16,799 2,601
280,000 182,165 255,026 207,139
29,000 47,880 50,401 26,479
30,000 48,688 51,248 27,440
21,500 11,281 19,738 13,043
45,400 7,681 17,920 35,161
54,000 1,082 2,524 52,558
275,000 94,356 432,007 -62,651
7,000 555 8,331 -776
1,400 100 1,400 100
  55,739 60,026 -4,287
31,236 3,711 27,825 7,122
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       809,300
b       -1,264
c       -308
d       -96
e       2,601
      2,601
      207,139
      26,479
      27,440
      13,043
      35,161
      52,558
      -62,651
      -776
      100
      -4,287
      7,122
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 1,114,162
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 3 100
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 15,738
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 15,738
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 15,738
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 3,600
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 3,600
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 12,138
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
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)
    bulletAZ, IL
    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
    Yes
     
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletTRISHA COOK Telephone no.bullet (217) 362-8600

    Located atbullet145 N MERCHANT STDECATURIL ZIP+4bullet62523
    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
    HOWARD G BUFFETTClick to see attachment President
    5.00     		0    
    145 N MERCHANT ST
    DECATUR,IL62523
    TRISHA COOK Treasurer
    3.00     		0    
    1315 COUNTRY LANE
    MT ZION,IL62549
    ANN KELLY BOLTEN Secretary
    1.00     		0    
    4715 CUMBERLAND AVE
    CHEVY CHASE,MD20815
    MICHAEL D WALTER Director
    1.00     		0    
    9905 BROADMOOR RD
    OMAHA,NE68114
    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
    J DOUGLAS OLLER CHIEF OP OFFICER
    50.00     		187,591    
    689 E 1100 N ROAD
    PANA,IL62557
    MARK RIGEL SR PROGRAM MGR
    40.00     		184,698    
    8600 S HUACHUCA VISTA TRAIL
    HEREFORD,AZ85615
    ROBERT SCHUTT CROP RESEARCH
    40.00     		123,540    
    21790 ERIN CIRCLE
    GRETNA,NE68028
    TRACY COLEMAN CROP RESEARCH
    40.00     		86,846    
    RR 1 BOX 183A
    FINDLAY,IL62534
    LUCAS BINGER CROP RESEARCH
    40.00     		86,606    
    1409 QUAIL RUN LANE
    WILLCOX,AZ85643
    Total number of other employees paid over $50,000...................bullet 2
    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
    ARIZONA AIR SUPPORT CONTRACTOR 182,658
    PO BOX 1532
    CAVE CREEK,AZ85327
    DREWS UNITED ROOFING AND SIDING OF NE INC CONTRACTOR 122,990
    5624 WILLIAM ST
    OMAHA,NE68106
    JACOB LINDSEY CONTRACTOR 62,557
    PO BOX 503
    SONITA,AZ85637
    WHITEWATER IRRIGATION INC CONTRACTOR 57,095
    1078 N HIGHWAY 191
    COCHISE,AZ85606
    CONSTRUCTION BUILDERS OF AMERICA CONTRACTOR 131,776
    48 LEE TREVINO DRIVE
    LORDSBURG,NM88045
    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 FOUNDATION IS PRIMARILY FOCUSED ON AGRICULTURAL RESEARCH EXPERIMENTS WITH A FOCUS ON WATER-USE EFFICIENCY, SOIL MANAGEMENT, AND COVER CROP USE WHICH REDUCE THE DEPENDENCY ON SYNTHETIC FERTILIZERS, ALL OF WHICH CAN BE USED IN DEVELOPING COUNTRIES TO BENEFIT SMALL-SCALE AND SUBSISTENCE FARMERS.THE FOUNDATION OWNS RANCHES AND FARMS IN CLOSE PROXIMITY TO THE US/MEXICO BORDER, ALLOWING IT TO ALSO CONDUCT RESEARCH ON HOW HUMAN TRAFFIC (DRUG TRAFFICKERS, ECONOMIC MIGRANTS, AND MIGRANTS FLEEING VIOLENCE IN THEIR HOME COUNTRIES) CROSSING INTO THE US ILLEGALLY AFFECTS BORDER SECURITY. THE FOUNDATION'S BORDER PROPERTIES ALSO SERVE AS EDUCATION SITES FOR VISITING POLICY MAKERS WORKING ON BORDER-RELATED ISSUES. 3,834,207
    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)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    0
    b
    Average of monthly cash balances.......................
    1b
    1,804,211
    c
    Fair market value of all other assets (see instructions)................
    1c
    52,096,090
    d
    Total (add lines 1a, b, and c).........................
    1d
    53,900,301
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
    53,900,301
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    808,505
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    53,091,796
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    2,654,590
    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
    3,027,974
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    806,233
    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
    3,834,207
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    3,834,207
    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
    2013-04-10
    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
    1,784,425 2,693,868 588,466 2,759,549 7,826,308
    b 85% of line 2a ......... 1,516,761 2,289,788 500,196 2,345,617 6,652,362
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		3,834,207 7,030,859 21,557,514 19,306,381 51,728,961
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		3,834,207 7,030,859 21,557,514 19,306,381 51,728,961
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		1,769,727 1,795,912 1,807,362 1,839,699 7,212,700
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    SAN SIMON FFA
    2226 I-10BL
    SAN SIMON,AZ85632     		NONE PC VEHICLE DONATION 45,400
    Total .................................bullet 3a 45,400
    bApproved for future payment
    Total .................................bullet 3b  
    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
    aGRAIN SALES         52,297
    bINS/DAMAGE PYMTS         57,746
    cPATRONAGE REFUNDS         7,650
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 18,082  
    4 Dividends and interest from securities....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....     16 1,888,996  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		        1,114,162
    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)..   1,907,078 1,231,855
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    3,138,933
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    1A SALE OF GRAIN PRODUCED THROUGH RESEARCH FARM ACTIVITIES.
    1B INCOME IS THE RESULT OF AN INSURANCE CLAIM
    1C INCOME IS THE RESULT OF A SMALL PATRONAGE DIVIDEND RECEIVED
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID: 20011551
    Software Version: 2020v4.0


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

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

    45-5160833
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    SEQUOIA FARM FOUNDATION
          		Employer identification number
    45-5160833
    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
    HOWARD G BUFFETT FOUNDATION
    145 N MERCHANT ST
     
    DECATUR, IL62523

    		$ 625,000


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

    		$  


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

    		$  


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

    		$  


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

    		$  


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

    		$  


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

    45-5160833
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    SEQUOIA FARM FOUNDATION
          		Employer identification number

    45-5160833
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID: 20011551
    Software Version: 2020v4.0

    TY 2020 AccountingFeesSchedule
    Name:
    SEQUOIA FARM FOUNDATION
    EIN:
    45-5160833
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADP PAYROLL FEES 2,853 0 0 2,853
    HJERPE & TENNISON CPAS, LLC 10,000 0 0 10,000

    TY 2020 ContractorCompensationExpln
    Name:
    SEQUOIA FARM FOUNDATION
    EIN:
    45-5160833
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Contractor Explanation
    WHITEWATER IRRIGATION INC CONTRACTOR
    ARIZONA AIR SUPPORT CONTRACTOR
    CONSTRUCTION BUILDERS OF AMERICA CONTRACTOR
    DREWS UNITED ROOFING AND SIDING OF NE INC CONTRACTOR
    JACOB LINDSEY CONTRACTOR

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

    TY 2020 DepreciationSchedule
    Name:
    SEQUOIA FARM FOUNDATION
    EIN:
    45-5160833
    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
    IMPROVEMENTS - IL FARM 2011-10-19 148,949 121,642 SL 10.0000 14,895      
    IMPROVEMENTS - IL FARM 2011-09-08 91,849 76,542 SL 10.0000 9,185      
    IMPROVEMENTS - IL FARM 2011-04-21 74,761 64,792 SL 10.0000 7,476      
    IMPROVEMENTS - IL FARM 2011-02-16 15,350 13,559 SL 10.0000 1,535      
    IMPROVEMENTS - IL FARM 2011-04-21 51,019 44,217 SL 10.0000 5,102      
    IMPROVEMENTS - IL FARM 2011-05-11 13,311 11,535 SL 10.0000 1,331      
    IMPROVEMENTS 2012-12-26 186,486 139,867 SL 10.00 % 18,649      
    BLDG & IMPR - AZ FARM 2012-07-01 1,289,103 246,554 SL 2.56 % 16,527      
    BLDG & IMPR - IL FARM 2012-07-01 94,577 18,088 SL 2.56 % 2,425      
    BLDG & IMPR - IL FARM 2012-07-02 62,900 12,031 SL 2.56 % 1,613      
    BLDG & IMPR - IL FARM 2012-12-19 43,007 7,767 SL 2.56 % 1,103      
    IMPROVEMENTS - IL FARM 2012-07-01 7,625 3,817 SL 6.67 % 509      
    IMPROVEMENTS - IL FARM 2012-07-01 4,416 2,212 SL 6.67 % 295      
    BLDG & IMPR - IL FARM 2012-07-01 74,265 14,202 SL 2.56 % 1,904      
    IMPROVEMENTS- AZ FARM 2013-07-25 236,317 102,443 SL 6.67 % 7,881      
    IMPROVEMENTS - AZ FARM 2013-11-25 5,162 2,236 SL 6.67 % 172      
    IMPROVEMENTS- IL FARM 2013-01-30 7,573 3,282 SL 6.67 % 505      
    IMPROVEMENTS- AZ FARM 2013-03-06 3,138 1,358 SL 6.67 % 105      
    MACH & EQUIP - AZ FARMS 2013-03-22 7,517 6,979 SL 7.14 % 538      
    RANGE EQUIP - IL 2013-07-05 116,213 108,111 SL 7.14 % 8,102      
    JD 6190R - AZ FARM 2013-02-05 158,900 147,555 SL 7.14 % 11,345      
    MACH & EQUIP - AZ FARM 2013-03-14 11,935 11,084 SL 7.14 % 851      
    MACH & EQUIP - AZ FARM 2013-05-02 4,867 4,518 SL 7.14 % 349      
    JD8430 - AZ FARM 2013-06-11 202,000 187,579 SL 7.14 % 14,421      
    MACH & EQUIP - AZ FARM 2013-06-11 2,490 2,314 SL 7.14 % 176      
    MACH & EQUIP - AZ FARM 2013-06-17 3,123 2,899 SL 7.14 % 224      
    JD6330 TRACTOR - AZ FARM 2013-07-11 64,400 59,802 SL 7.14 % 4,598      
    JDH340 LOADER - AZ FARM 2013-07-11 9,900 9,195 SL 7.14 % 705      
    KOMATSU WHL LOAD-AZ FARM 2013-07-22 182,568 169,533 SL 7.14 % 13,035      
    MACH & EQUIP - AZ FARM 2013-08-20 6,290 5,841 SL 7.14 % 449      
    MACH & EQUIP - AZ FARM 2013-10-21 2,993 2,780 SL 7.14 % 213      
    JD5075E/LDR TRCTR AZ FARM 2013-11-07 32,580 30,254 SL 7.14 % 2,326      
    JD8225 TRACTOR - IL FARM 2013-07-11 200,371 186,064 SL 7.14 % 14,307      
    JD MX MOWER - IL FARM 2013-10-18 5,025 4,667 SL 7.14 % 358      
    HITCH - JD8225R - IL FARM 2013-12-31 10,745 9,975 SL 7.14 % 770      
    PIVOT 2013-06-19 37,120 34,468 SL 7.14 % 2,652      
    22' KRAUSE DISC - AZ FARM 2013-01-08 45,000 41,789 SL 7.14 % 3,211      
    DICKEY SPRAYER - AZ FARM 2013-03-14 9,200 8,545 SL 7.14 % 655      
    4630 SPRAY SHLD - AZ FARM 2013-08-15 4,568 4,242 SL 7.14 % 326      
    16 ROW BOX SYS - IL FARM 2013-01-04 8,510 7,902 SL 7.14 % 608      
    9322 GP PLOW - AZ FARM 2013-09-18 29,100 27,020 SL 7.14 % 2,080      
    30' BOOM SPRAY - AZ FARM 2013-09-18 3,682 3,419 SL 7.14 % 263      
    ROLLA CONE CLSR - AZ FARM 2013-10-28 5,300 4,920 SL 7.14 % 380      
    PIVOTS - AZ FARM 2013-07-18 2,318 2,152 SL 7.14 % 83      
    PIVOTS 2013-10-31 6,998 6,498 SL 7.14 % 500      
    EQUIP - AZ FARM 2013-03-27 57,746 53,623 SL 7.14 % 4,123      
    MACH & EQUIP - AZ FARM 2013-08-15 30,309 28,144 SL 7.14 % 2,165      
    SURVEY EQUP - AZ FARM 2013-12-03 3,338 3,100 SL 7.14 % 238      
    JD855D GATOR -IL FARM 2013-11-07 16,625 15,439 SL 7.14 % 1,186      
    MAYRATH AUGER - AZ FARM 2013-04-04 13,818 12,833 SL 7.14 % 985      
    MAYRATH AUGER - AZ FARM 2013-11-07 9,180 8,525 SL 7.14 % 655      
    EQUIP - HARVEST - AZ FARM 2013-11-07 13,603 12,633 SL 7.14 % 970      
    72' AUGER - AZ FARM 2013-12-05 10,200 9,474 SL 7.14 % 726      
    EQUIP - HARVEST - AZ FARM 2013-12-05 2,000 1,859 SL 7.14 % 141      
    744 WAGON - AZ FARM 2013-12-31 3,000 2,786 SL 7.14 % 214      
    MAYRATH AUGER - AZ FARM 2013-12-31 3,000 2,786 SL 7.14 % 214      
    CALB 434 BALER - AZ FARM 2013-12-31 3,000 2,786 SL 7.14 % 214      
    POST HOLE DIGGER- IL FARM 2013-02-05 3,500 3,250 SL 7.14 % 250      
    BRNT 774 WAGON - IL FARM 2013-11-07 26,000 24,142 SL 7.14 % 1,858      
    JD650J DOZER - IL FARM 2013-06-11 65,000 60,361 SL 7.14 % 4,639      
    EQUIP - RTK - IL FARM 2013-12-05 2,732 2,535 SL 7.14 % 197      
    RADIO EQUIP - AZ 2013-11-04 7,140 6,630 SL 7.14 % 510      
    RADIO EQUIP - IL 2013-11-19 4,586 4,257 SL 7.14 % 329      
    OFFICE EQUIP - IL 2013-07-18 2,125 1,974 SL 7.14 % 151      
    IMPROVEMENTS - AZ FARM 2013-06-30 929,921 403,122 SL 6.67 % 31,013      
    IMPROVEMENTS - IL FARM 2013-11-14 3,643 3,384 SL 7.14 % 259      
    IMPROVEMENTS - IL FARM 2013-06-30 50,547 21,909 SL 6.67 % 3,371      
    IMPROVEMENTS - IL FARM 2013-06-30 389,561 168,876 SL 6.67 % 25,984      
    IMPROVEMENTS - IL FARM 2013-11-14 3,920 1,697 SL 6.67 % 261      
    IMPROVEMENTS - AZ FARM 2013-06-30 835,180 140,101 SL 2.56 % 20,522      
    EQUIP - IL 2013-06-30 7,358 6,831 SL 7.14 % 527      
    JD60D EXCAVATOR -IL FARM 2013-01-04 71,100 66,023 SL 7.14 % 5,077      
    PIVOTS - AZ FARM 2013-04-12 10,124 9,403 SL 7.14 % 361      
    IMPROVEMENTS - AZ FARM 2014-06-12 26,668 9,927 SL 15.0000 889      
    IMPROVEMENTS - IL FARM 2014-07-18 49,197 17,767 SL 15.0000 3,280      
    IMPROVEMENTS - IL FARM 2014-04-29 34,044 12,863 SL 15.0000 2,270      
    IMPROVEMENTS - IL FARM 2014-04-29 4,054 1,530 SL 15.0000 270      
    BLDG & IMPR - AZ FARM 2014-04-14 3,065 1,173 SL 15.0000 102      
    BLDG & IMPR - IL FARM 2014-04-09 2,886 1,104 SL 15.0000 192      
    BLDG & IMPR - IL FARM 2014-07-18 42,384 15,307 SL 15.0000 2,826      
    IMPROVEMENTS WELLS - AZ 2014-06-19 48,097 17,633 SL 15.0000 1,603      
    IMPROVEMENTS WELLS 2014-05-28 91,180 33,941 SL 15.0000 6,079      
    IMPROVEMENTS - AZ FARM 2014-04-22 17,696 14,325 SL 7.0000 2,107      
    IMPROVEMENTS - AZ FARM 2014-08-08 2,876 2,226 SL 7.0000 342      
    IMPROVEMENTS - AZ FARM 2014-02-10 2,607 2,201 SL 7.0000 310      
    IMPROVEMENTS - IL FARM 2014-03-04 2,338 1,948 SL 7.0000 334      
    IMPROVEMENTS - IL FARM 2014-03-04 2,338 1,948 SL 7.0000 334      
    IMPROVEMENTS - IL FARM 2014-03-04 2,338 1,948 SL 7.0000 334      
    BINS & TANKS - AZ FARM 2014-09-24 197,802 148,349 SL 7.0000 14,129      
    BINS & TANKS - IL FARM 2014-07-18 27,171 21,027 SL 7.0000 3,882      
    WEATHER EQUIP - AZ 2014-04-28 6,281 5,083 SL 7.0000 897      
    JD6105M TRACTOR - IL FARM 2014-07-17 69,000 53,392 SL 7.0000 9,857      
    JD997 MOWER - IL FARM 2014-11-05 16,799 12,400 SL 7.0000 1,000      
    JD 997 MOWER - IL FARM 2014-11-05 16,799 12,400 SL 7.0000 1,000      
    JD 5075M - IL FARM 2014-12-08 47,900 35,023 SL 7.0000 6,843      
    KOMATSU - IL FARM 2014-12-30 227,926 162,805 SL 7.0000 32,561      
    PIVOTS - IL FARM 2014-06-19 193,302 151,882 SL 7.0000 27,615      
    PIVOTS 2014-06-30 17,872 14,042 SL 7.0000 2,553      
    RESEARCH EQUIP - AZ FARM 2014-08-27 64,445 49,099 SL 7.0000 9,206      
    OTHER EQUIP - AZ FARM 2014-06-30 62,689 49,258 SL 7.0000 8,956      
    OTHER EQUIP - IL FARM 2014-04-08 4,000 3,284 SL 7.0000 571      
    JD 855D - IL FARM 2014-11-05 22,350 16,497 SL 7.0000 3,193      
    JD 855D - AZ FARM 2014-11-01 20,240 14,937 SL 7.0000 2,891      
    JD 3000 - AZ FARM 2014-12-08 24,890 18,076 SL 7.0000 3,556      
    MAYRATH AUGER 10X31 - AZ 2014-05-07 6,170 4,995 SL 7.0000 881      
    UNVERFERTH WAGON -AZ FARM 2014-05-08 10,100 8,177 SL 7.0000 1,443      
    COMBINE - AZ FARM 2014-11-05 306,900 226,522 SL 7.0000 43,843      
    MAYRATH 12X41AUGER - IL 2014-05-07 6,700 5,423 SL 7.0000 957      
    MAYRATH 8X33 AUGER - IL 2014-05-07 5,500 4,454 SL 7.0000 786      
    JD 608C - IL FARM 2014-12-08 40,533 33,851 SL 7.0000 5,790      
    MAINT EQUIP - AZ FARM 2014-09-09 2,066 1,573 SL 7.0000 295      
    MAINT EQUIP - IL FARM 2014-09-11 20,153 15,355 SL 7.0000 2,879      
    RTK/GPS EQUIP - AZ FARM 2014-08-21 10,343 7,883 SL 7.0000 1,478      
    RADIO EQUIP - AZ 2014-08-18 12,025 9,163 SL 7.0000 1,718      
    RADIO EQUIP - IL 2014-06-02 5,418 4,322 SL 7.0000 774      
    RADIO EQUIP 2014-09-09 7,794 5,936 SL 7.0000 1,113      
    OFFICE EQUIP 2014-06-30 1,393 1,095 SL 7.0000 199      
    COMUPUTER EQUIP - AZ 2014-09-16 7,065 5,297 SL 7.0000 1,009      
    CAMERA EQUIP - AZ 2014-04-18 5,050 4,086 SL 7.0000 721      
    SECURITY - AZ 2014-09-25 9,892 7,418 SL 7.0000 1,413      
    SECURITY - IL 2014-11-19 3,116 2,262 SL 7.0000 445      
    CAPITAL EXP - AZ FARM 2014-06-30 418,364 221,915 SL 7.0000 59,766      
    WELLS - AZ FARM 2014-06-30 32,451 18,544 SL 7.0000 2,318      
    CAPITAL EXP - AZ FARM 2014-06-30 284,888 162,794 SL 7.0000 20,349      
    CAPITAL EXP - AZ FARM 2014-06-30 23,350 21,467 SL 7.0000 942      
    CAPITAL EXP - IL FARM 2014-06-30 4,228 2,416 SL 7.0000 604      
    CAPITAL EXP - IL FARM 2014-06-30 8,152 4,660 SL 7.0000 1,165      
    CAPITAL EXP - IL FARM 2014-06-30 8,933 5,104 SL 7.0000 1,276      
    CAPITAL EXP - IL FARM 2014-06-30 18,250 10,428 SL 7.0000 2,607      
    CAPITAL EXP - IL FARM 2014-06-30 257,991 147,424 SL 7.0000 36,856      
    CAPITAL EXP - OTHER 2014-06-30 2,204 1,260 SL 7.0000 315      
    CAMERA - AZ 2014-11-14 7,313 5,399 SL 7.0000 1,045      
    RADIO EQUIP - AZ 2014-10-23 1,091 806 SL 7.0000 156      
    IMPROVEMENTS - AZ FARM 2015-07-22 29,348 8,809 SL 6.67 % 979      
    IMPROVEMENTS - AZ FARM 2015-10-28 3,510 1,053 SL 6.67 % 234      
    IMPROVEMENTS - AZ FARM 2015-10-28 69,313 20,800 SL 6.67 % 2,312      
    IMPROVEMENTS - IL FARM 2015-11-18 68,866 20,665 SL 6.67 % 4,593      
    IMPROVEMENTS - IL FARM 2015-10-01 8,500 2,551 SL 6.67 % 567      
    IMPROVEMENTS 2015-11-30 5,500 1,651 SL 6.67 % 367      
    BLDG & IMPR - AZ FARM 2015-02-20 22,283 6,686 SL 6.67 % 1,486      
    IMPROVEMENTS - AZ FARM 2015-08-25 5,513 3,545 SL 14.28 % 787      
    LAB EQUIP - AZ FARM 2015-11-12 90,325 58,068 SL 14.28 % 12,898      
    BINS & TANKS -AZ FARM 2015-11-12 2,795 1,796 SL 14.28 % 200      
    BINS & TANKS -IL FARM 2015-10-08 8,485 5,457 SL 14.28 % 1,212      
    WEATHER EQUIP - AZ FARM 2015-10-16 5,857 3,765 SL 14.28 % 836      
    OXEN EQUIP - AZ FARM 2015-11-18 21,310 13,700 SL 14.28 % 3,043      
    JD 9360R TRACTOR -AZ FARM 2015-09-09 226,154 145,393 SL 14.28 % 32,295      
    Z665 MOWER - AZ FARM 2015-09-09 6,090 3,915 SL 14.28 % 870      
    JD MX8 ROTARY CUTTER - AZ 2015-09-09 5,390 3,465 SL 14.28 % 770      
    CASE TR320 COMPACT TR -AZ 2015-01-27 71,932 46,245 SL 14.28 % 10,272      
    JD 8295R TRACTOR -AZ FARM 2015-03-17 183,877 118,215 SL 14.28 % 26,258      
    JD6115M TRACTOR -AZ FARM 2015-03-17 69,100 44,423 SL 14.28 % 9,867      
    JD 9470R TRACTOR -IL FARM 2015-12-01 255,026 163,956 SL 14.28 % 18,209      
    OTHER EQUIP 2015-04-07 3,468 2,231 SL 14.28 % 495      
    1170NT PLANTER - AZ FARM 2015-05-08 2,235 1,436 SL 14.28 % 319      
    TEC SCALE SYSTEM -AZ FARM 2015-08-28 6,800 4,373 SL 14.28 % 971      
    JD 2510S STRIP TILL - IL 2015-09-09 94,646 60,848 SL 14.28 % 13,515      
    OTHER EQUIP - IL FARM 2015-05-05 12,096 7,779 SL 14.28 % 1,727      
    ORTHMAN TRACK - AZ FARM 2015-04-01 12,120 7,792 SL 14.28 % 1,731      
    PIVOTS - AZ FARM 2015-07-08 44,808 28,807 SL 14.28 % 6,399      
    PIVOTS 2015-09-23 55,586 35,736 SL 14.28 % 7,938      
    WELLS - AZ FARM 2015-09-22 247,954 159,411 SL 14.28 % 35,408      
    RESEARCH EQUP - AZ FARM 2015-07-22 3,384 2,177 SL 14.28 % 483      
    LAB EQUIP - AZ FARM 2015-07-22 66,356 42,660 SL 14.28 % 9,476      
    OTHER EQUIP - AZ FARM 2015-07-23 84,483 54,315 SL 14.28 % 12,064      
    OTHER EQUIP - IL FARM 2015-05-26 21,577 13,871 SL 14.28 % 3,081      
    OTHER EQUIP - IL FARM 2015-09-22 66,012 42,439 SL 14.28 % 9,427      
    OTHER EQUIP - IL FARM 2015-09-22 74,078 47,625 SL 14.28 % 10,578      
    IMPROVEMENTS - AZ FARM 2015-08-31 58,356 17,514 SL 6.67 % 3,892      
    BLDG & IMPR - AZ FARM 2015-06-16 317,534 95,294 SL 6.67 % 21,180      
    IMPROVEMENTS - AZ FARM 2015-07-09 30,070 19,332 SL 14.28 % 4,294      
    2015 JEEP WRGR VIN#7946 2015-03-20 50,401 45,360 SL 10.00 % 2,520      
    2015 FORD F150 VIN#3895 2015-12-30 51,248 46,125 SL 10.00 % 2,563      
    BRENT 1282 GRAIN CART 2015-03-17 68,630 44,121 SL 14.28 % 9,800      
    JD S670 COMBINE 2015-07-27 9,077 6,484 SL 14.28 % 1,296      
    HARVEST EQUIP - IL FARM 2015-08-31 28,995 18,639 SL 14.28 % 4,140      
    CAPITAL EXP - AZ FARM 2015-06-30 573,018 327,479 SL 14.28 % 81,827      
    WELLS 2015-06-30 68,306 64,271 SL 14.28 % 4,035      
    2 KUNTZ BOX SCRAPERS - AZ 2015-03-17 16,950 10,896 SL 14.28 % 2,420      
    RTK/GPS EQUIP - IL FARM 2015-01-30 9,800 6,299 SL 14.28 % 1,399      
    RTK/GPS EQUIP 2015-10-08 3,195 2,055 SL 14.28 % 456      
    RADIO EQUIP - AZ 2015-11-27 22,986 14,778 SL 14.28 % 3,282      
    RADIO EQUIP - IL 2015-01-30 9,000 5,786 SL 14.28 % 1,285      
    CAMERA EQUIP - AZ 2015-02-26 22,275 14,320 SL 14.28 % 3,181      
    VEHICLE PARTS - AZ 2015-07-22 35,020 31,518 SL 10.00 % 3,502      
    VEHICLE PARTS - IL 2015-07-22 5,948 5,355 SL 10.00 % 593      
    VEHICLE PARTS 2015-08-25 7,773 6,997 SL 10.00 % 776      
    VEHICLE PARTS - AZ 2015-07-07 33,601 30,240 SL 10.00 % 3,361      
    RADIOS & GPS - AZ 2015-12-15 14,778 9,501 SL 14.28 % 2,110      
    OTHER EQUIP - AZ 2015-07-31 139,219 89,502 SL 14.28 % 19,880      
    CAMERAS - AZ 2015-12-10 65,518 42,123 SL 14.28 % 9,356      
    CAPITAL EXP - AZ FARM 2015-10-01 231,361 132,221 SL 14.28 % 33,038      
    CAPITAL EXP - AZ FARM 2015-09-11 112,595 64,349 SL 14.28 % 16,079      
    RANGE EQUIP - AZ 2015-07-09 17,868 11,487 SL 14.28 % 2,552      
    COMPUTER EQUIP - AZ 2015-06-08 17,867 11,486 SL 14.28 % 2,551      
    CAPITAL EXP - AZ FARM 2015-11-13 372,349 212,798 SL 14.28 % 53,171      
    TONER EQUIP - IL 2015-11-17 3,961 2,264 SL 14.28 % 566      
    TRACTOR - IL FARM 2015-09-09 6,465 4,157 SL 14.28 % 923      
    BLDG & IMPR - IL FARM 2015-11-18 42,266 12,683 SL 6.67 % 2,819      
    EQUIPMENT 2015-04-15 18,617 11,968 SL 14.28 % 2,659      
    LAND IMPROVEMENT -AZ FARM 2016-12-16 148,902 34,754 SL 6.67 % 4,966      
    LAND IMPROVEMENT -AZ FARM 2016-07-01 8,542 1,994 SL 6.67 % 285      
    LAND IMPROVEMENT -IL FARM 2016-04-19 8,487 1,981 SL 6.67 % 566      
    FARM BLDG & IMP - AZ FARM 2016-06-30 22,022 5,140 SL 6.67 % 735      
    TOWER EQUIP SHED -AZ FARM 2016-09-21 76,483 17,840 SL 6.67 % 2,551      
    BLD & IMPR - AZ FARM 2016-07-22 10,130 2,365 SL 6.67 % 338      
    BLDG & IMPR - AZ FARM 2016-09-13 64,716 15,106 SL 6.67 % 2,159      
    BLDG & IMPR - AZ FARM 2016-09-13 231,117 53,944 SL 6.67 % 7,708      
    IMPROVEMENTS - AZ FARM 2016-05-23 3,716 1,858 SL 14.29 % 531      
    IMPROVEMENTS - AZ FARM 2016-04-19 3,925 1,962 SL 14.29 % 561      
    IMPROVEMENTS - AZ FARM 2016-04-21 10,907 5,455 SL 14.29 % 1,559      
    IMPROVEMENTS - AZ FARM 2016-09-29 16,387 8,194 SL 14.29 % 2,342      
    TOWER EQUIP - AZ 2016-09-07 2,753 1,376 SL 14.29 % 393      
    BINS & TANKS - AZ 2016-08-08 4,118 2,058 SL 14.29 % 294      
    JD 5100M TRACTOR -AZ FARM 2016-02-05 57,631 28,815 SL 14.29 % 8,235      
    MTRS FOR 1910 AIR CART-IL 2016-01-11 4,379 2,190 SL 14.29 % 626      
    ROW CLEANERS - IL FARM 2016-03-22 4,262 2,131 SL 14.29 % 609      
    PIVOTS - AZ FARM 2016-07-05 2,797 1,399 SL 14.29 % 200      
    WELLS - AZ FARM 2016-09-30 993,845 231,962 SL 6.67 % 33,145      
    EQUIP - AZ FARM 2016-09-21 8,833 4,416 SL 14.29 % 1,262      
    JD H260SL - AZ FARM 2016-02-05 7,790 3,894 SL 14.29 % 1,113      
    JD Z540R MOWER - AZ 2016-12-08 6,593 3,296 SL 14.29 % 942      
    JD XUV 855D - AZ 2016-12-08 34,844 17,422 SL 14.29 % 4,979      
    EQUIP - AZ 2016-03-23 22,577 11,288 SL 14.29 % 3,226      
    EQUIP - IL 2016-04-27 14,829 7,415 SL 14.29 % 2,119      
    VEHICLE PARTS - AZ 2016-07-28 2,366 1,183 SL 14.29 % 338      
    CAP PROJECTS - AZ FARM 2016-06-30 166,354 83,177 SL 14.29 % 11,886      
    CAP PROJECTS - AZ FARM 2016-06-30 7,324 3,663 SL 14.29 % 1,047      
    CAP PROJECTS - AZ FARM 2016-06-30 3,564 1,781 SL 14.29 % 509      
    IMPROVEMENTS - AZ FARM 2016-09-07 10,076 2,352 SL 6.67 % 672      
    IMPROVEMENTS - AZ FARM 2016-07-01 53,276 12,436 SL 6.67 % 3,554      
    JD6140M - AZ FARM 2016-02-05 96,550 48,275 SL 14.29 % 13,797      
    JD6170M - AZ FARM 2016-02-25 117,131 58,565 SL 14.29 % 16,738      
    JD3046R - AZ FARM 2016-02-25 29,479 14,741 SL 14.29 % 4,213      
    JD5115M - AZ FARM 2016-04-27 50,105 25,052 SL 14.29 % 7,160      
    IMPROVEMENTS - AZ FARM 2016-07-01 310,433 72,455 SL 6.67 % 20,706      
    COMP EQUIP - AZ 2016-03-16 5,720 4,004 SL 20.00 % 1,144      
    IMPROVEMENTS - AZ FARM 2016-05-01 19,566 9,783 SL 14.29 % 2,796      
    IMPROVEMENTS - AZ FARM 2016-03-01 4,785 2,393 SL 14.29 % 684      
    2013 FORD F150 VIN#7815 2016-11-18 45,000 31,500 SL 20.00 % 9,000      
    VEHICLE PARTS - AZ 2016-12-01 19,013 9,507 SL 14.29 % 2,717      
    RADIO/GPS - AZ 2016-03-08 4,432 3,101 SL 20.00 % 886      
    RADIO/GPS - AZ 2016-08-22 11,953 8,368 SL 20.00 % 2,391      
    RADIO/GPS - OTHER 2016-07-08 3,273 2,292 SL 20.00 % 655      
    EQUIP - AZ 2016-06-30 3,880 1,939 SL 14.29 % 554      
    EQUIP - AZ 2016-06-30 191,389 95,693 SL 14.29 % 27,349      
    EQUIP 2016-10-10 3,486 1,743 SL 14.29 % 498      
    SECURITY - AZ 2016-06-30 334,624 167,312 SL 14.29 % 47,818      
    CAMERAS - AZ 2016-07-01 123,789 86,653 SL 20.00 % 24,758      
    IMPROVEMENTS - AZ FARM 2016-07-01 33,395 7,793 SL 6.67 % 2,227      
    IMPROVEMENTS - AZ FARM 2016-07-01 540,328 126,113 SL 6.67 % 36,040      
    EQUIP - OTHER 2016-06-30 21,487 10,742 SL 14.29 % 3,070      
    EQUIPMENT - AZ 2016-04-08 3,369,598 2,358,720 SL 20.00 % 673,920      
    2016 TOYOTA SQA VIN#4602 2016-06-03 41,736 20,868 SL 14.29 % 5,964      
    2016 JEEP GD CHR VIN#4736 2016-06-25 19,738 9,870 SL 14.29 % 1,411      
    2017 FORD F150 VIN#8893 2017-01-31 27,445 9,804 SL 14.28 % 3,919      
    2017 FORD F250 VIN#6927 2017-01-31 17,920 6,401 SL 14.28 % 1,280      
    2017 FORD F250 VIN#4368 2017-01-31 2,524 902 SL 14.28 % 180      
    2017 FORD F150 VIN#0392 2017-01-24 73,787 26,356 SL 14.28 % 10,537      
    2017 FORD F15O VIN#6435 2017-04-24 57,795 20,645 SL 14.28 % 8,253      
    2017 FORD F150 VIN#5754 2017-01-31 68,405 24,434 SL 14.28 % 9,768      
    VEHICLE PARTS - AZ 2017-03-03 26,198 13,100 SL 20.00 % 5,240      
    VEHICLE PARTS - IL 2017-06-30 18,376 9,188 SL 20.00 % 3,675      
    VEHICLE PARTS 2017-05-15 14,340 7,170 SL 20.00 % 2,868      
    4 STARFIRE 990RTK RADIOS 2017-08-09 16,951 6,054 SL 14.28 % 2,421      
    2017 POLARIS RANGER/EQUIP 2017-12-19 28,023 10,009 SL 14.28 % 4,002      
    IRRIGATION - AZ FARM 2017-02-22 9,525 1,587 SL 6.67 % 318      
    BLDG & IMPR - AZ FARM 2017-04-25 16,993 2,832 SL 6.67 % 1,133      
    BLDG & IMPR - IL FARM 2017-11-28 30,383 5,066 SL 6.67 % 2,027      
    IMPROVEMENTS - NE FARM 2017-09-26 45,757 16,345 SL 14.28 % 3,267      
    IMPLEMENT ROOT RAKE - IL 2017-03-27 5,000 1,787 SL 14.28 % 714      
    WELLS - AZ FARM 2017-06-08 38,183 13,638 SL 14.28 % 2,727      
    EQUIPMENT 2017-07-17 15,607 5,574 SL 14.28 % 2,229      
    BOBCAT T590 - AZ FARM 2017-01-10 54,780 19,567 SL 14.28 % 7,823      
    APX RADIOS - AZ 2017-03-28 14,501 5,179 SL 14.28 % 2,071      
    CAMERA EQUIP - AZ 2017-02-22 4,715 1,685 SL 14.28 % 673      
    GPS EQUIP 2017-09-01 2,078 742 SL 14.28 % 297      
    RADIO EQUIP - IL 2017-10-13 2,636 942 SL 14.28 % 376      
    LAND IMPROV - AZ FARM 2017-10-03 39,200 6,535 SL 6.67 % 2,615      
    LAND IMPROV - AZ FARM 2017-01-24 3,780 630 SL 6.67 % 252      
    BLDG & IMPR - AZ FARM 2017-02-18 16,687 2,782 SL 6.67 % 1,113      
    BLDG &IMPR - AZ FARM 2017-03-25 82,137 13,693 SL 6.67 % 5,479      
    EQUIP - AZ 2017-08-15 5,434 1,942 SL 14.28 % 776      
    IMPROVEMENTS - AZ FARM 2017-01-27 5,503 1,965 SL 14.28 % 786      
    VEHICLES 2017-07-12 6,800 2,430 SL 14.28 % 971      
    VEHICLE PART - AZ 2017-08-15 24,332 8,691 SL 14.28 % 3,475      
    RADIO/GPS - AZ 2017-03-20 14,501 5,179 SL 14.28 % 2,071      
    RADIO/GPS - AZ 2017-04-27 52,778 18,852 SL 14.28 % 7,537      
    EQUIP - AZ 2017-07-10 52,265 18,670 SL 14.28 % 7,463      
    EQUIP - AZ 2017-01-23 6,832 2,440 SL 14.28 % 976      
    CAMERAS - AZ 2017-02-02 21,961 7,844 SL 14.28 % 3,136      
    CAMERAS - AZ 2017-02-02 26,845 9,589 SL 14.28 % 3,833      
    CAP PROJECTS - AZ FARM 2017-06-30 1,052,615 175,470 SL 6.67 % 70,209      
    CAP PROJECTS - AZ FARM 2017-06-30 505,750 84,309 SL 6.67 % 33,734      
    CAP PROJECTS - TX 2017-11-13 111,142 18,527 SL 6.67 % 7,413      
    BLDG & IMPR 2017-06-29 1,394,030 90,877 SL 2.56 % 35,743      
    BRIGGS & STRATTON DECK 2017-07-13 3,902 2,196 200DB 12.49 % 487      
    2017 FORD F25O VIN#5388 2017-07-14 50,297 28,302 200DB 12.49 % 6,282      
    MOTOROLA RADIOS 2017-08-01 3,796 1,355 SL 14.28 % 542      
    CAPITAL PROJECTS 2017-06-30 146,742 24,463 SL 6.67 % 9,788      
    EQUIP - AZ 2017-05-17 12,275 4,384 SL 14.28 % 1,753      
    IRRIGATION 2017-02-01 77,000 27,504 SL 14.28 % 10,996      
    BILDG & IMPR 2017-02-01 359,491 59,927 SL 6.67 % 11,989      
    JD 60G SNX9500 2018-07-31 70,900 15,194 SL 14.29 % 10,132      
    JD MP84B SNX0318 2018-07-31 4,700 1,008 SL 14.29 % 672      
    JD 333G SNX4049 2018-07-31 65,900 14,122 SL 14.29 % 9,417      
    JD T213143 SNX0286 2018-07-31 1,800 386 SL 14.29 % 257      
    JD 3033R COMPACT UTILITY 2018-06-16 22,200 4,757 SL 14.29 % 3,172      
    JD 72D MOWER SNX1092 2018-06-16 4,000 858 SL 14.29 % 572      
    FRONTIER FM 2115R MOWER 2018-06-16 17,800 3,815 SL 14.29 % 2,544      
    JD 7230R SNX1774 2018-07-11 157,900 33,838 SL 14.29 % 22,564      
    JD H480 LOADER SNX5982 2018-07-11 15,600 3,343 SL 14.29 % 2,229      
    ALUMINUM GREENHOUSE 2018-01-24 2,909 291 SL 6.67 % 97      
    IMPROVEMENTS 2018-05-08 75,619 7,562 SL 6.67 % 5,044      
    BLDG & IMPR 2018-05-08 156,729 15,673 SL 6.67 % 10,454      
    IMPROVEMENTS 2018-05-08 9,898 2,121 SL 14.29 % 707      
    IMPROVEMENTS 2018-10-15 10,864 3,019 SL 14.29 % 1,552      
    EQUIPMENT - IL 2018-06-26 5,807 1,245 SL 14.29 % 830      
    EQUIPMENT - IL 2018-04-28 14,500 3,107 SL 14.29 % 2,072      
    EQUIPMENT - IL 2018-10-24 3,883 832 SL 14.29 % 555      
    IMPROVEMENTS - AZ FARM 2018-07-12 5,672 567 SL 6.67 % 378      
    IMPROVEMENTS - AZ FARM 2018-11-29 5,481 549 SL 6.67 % 366      
    IMPROVEMENTS - IL FARM 2018-10-22 13,410 1,341 SL 6.67 % 894      
    BLDG & IMPR - AZ FARM 2018-06-30 504,671 50,468 SL 6.67 % 33,662      
    IMPROVEMENTS - AZ FARM 2018-06-30 46,431 9,950 SL 14.29 % 6,635      
    EQUIP - AZ 2018-06-30 33,581 7,197 SL 14.29 % 4,799      
    EQUIP - AZ 2018-08-08 30,677 6,574 SL 14.29 % 4,384      
    BLDG & IMPR - AZ FARM 2018-06-30 337,945 33,795 SL 6.67 % 22,541      
    LAND IMPROV - AZ FARM 2018-04-11 56,628 5,663 SL 6.67 % 3,777      
    LAND IMPROV - AZ FARM 2018-02-23 17,485 1,748 SL 6.67 % 1,166      
    LAND IMPROV - AZ FARM 2018-03-19 10,765 1,076 SL 6.67 % 718      
    LAND IMPROV - AZ FARM 2018-06-11 6,449 645 SL 6.67 % 430      
    BLDG & IMPR - AZ FARM 2018-12-20 7,372 737 SL 6.67 % 492      
    K-9 EQUIP - AZ 2018-07-06 7,053 1,512 SL 14.29 % 1,008      
    COMPUTER - AZ 2018-03-08 6,075 1,302 SL 14.29 % 868      
    2018 FORD F350 VIN#0222 2018-04-02 55,025 11,792 SL 14.29 % 7,863      
    VEHICLE PARTS - AZ 2018-10-23 2,563 549 SL 14.29 % 366      
    POLARIS - AZ 2018-03-29 11,929 2,557 SL 14.29 % 1,705      
    TAGLI TRAILER - AZ 2018-04-14 4,840 1,038 SL 14.29 % 692      
    TAGLI TRAILER - AZ 2018-06-14 9,680 2,074 SL 14.29 % 1,383      
    BINOCULARS (3) 2018-02-08 5,352 1,147 SL 14.29 % 765      
    EQUIPMENT 2018-02-08 7,585 1,626 SL 14.29 % 1,084      
    CAMERA KITS - AZ 2018-09-26 186,107 39,883 SL 14.29 % 26,595      
    X80 CAMERAS - AZ 2018-05-14 25,878 5,546 SL 14.29 % 3,698      
    CAMERAS 2018-12-18 20,111 4,310 SL 14.29 % 2,874      
    EQUIPMENT 2018-05-14 4,596 985 SL 14.29 % 657      
    LAND IMPROV - TX 2018-06-27 162,838 16,003 SL 6.67 % 10,741      
    BLDG & IMPR - AZ FARM 2018-06-30 191,091 19,109 SL 6.67 % 12,746      
    EQUIPMENT 2018-11-21 1,059 227 SL 14.29 % 151      
    LAND IMPROV 2018-08-28 61,000 6,100 SL 6.67 % 4,069      
    FURN & FIX 2018-03-29 12,923 2,770 SL 14.29 % 1,847      
    BLDG & IMPR 2018-03-29 30,140 3,014 SL 6.67 % 2,010      
    IMPROVEMENTS - AZ FARM 2018-06-30 48,491 10,391 SL 14.29 % 6,929      
    EQUIPMENT - AZ 2018-06-30 14,578 3,124 SL 14.29 % 2,083      
    BLDG & IMPR - AZ FARM 2018-06-30 139,141 13,927 SL 6.67 % 9,281      
    EQUIPMENT 2018-12-13 2,132 457 SL 14.29 % 305      
    IMPROVEMENTS - APACHE 2019-05-21 65,480 2,180 SL 6.67 % 2,184      
    IMPROVEMENTS - AZ FARM 2019-05-23 46,801 1,558 SL 6.67 % 3,122      
    IMPROVEMENTS - IL FARM 2019-01-23 3,849 128 SL 6.67 % 257      
    IMPROVEMENTS - AZ FARM 2019-01-10 2,861 204 SL 14.29 % 409      
    EZ TRAIL 21' HEAD J172481 2019-08-14 2,950 211 SL 14.29 % 422      
    JD 1590 NO TILL DRILL 2019-02-28 56,900 4,063 SL 14.29 % 8,131      
    PIVOT - AZ FARM 2019-06-04 4,896 350 SL 14.29 % 350      
    FLOW SENSORS - IL 2019-04-02 3,198 228 SL 14.29 % 457      
    IL RADIO EQUIP 2019-11-19 1,190 85 SL 14.29 % 170      
    2019 IL AUTO PARTS 2019-03-14 2,706 193 SL 14.29 % 387      
    JD 708C CORN HEAD - IL 2019-08-14 62,700 4,477 SL 14.29 % 8,960      
    JD 620F PLATFORM - IL 2019-08-14 32,400 2,313 SL 14.29 % 4,630      
    EZ TRAIL 21' HEAD J172481 2019-08-14 2,950 211 SL 14.29 % 422      
    JD GATOR 855M 2019-07-10 17,134 1,223 SL 14.29 % 2,448      
    1996 KARAVAN TRAILER 0037 2019-06-14 2,500 179 SL 14.29 % 357      
    2005 JD BUCK ATV 0116 2019-06-14 6,000 428 SL 14.29 % 857      
    LAND IMPROV - NM FARM 2019-05-30 8,331 277 SL 6.67 % 278      
    LAND IMPROV - AZ 2019-08-19 23,135 770 SL 6.67 % 1,543      
    LAND IMPROV - AZ 2019-05-02 3,000 100 SL 6.67 % 200      
    EQUIPMENT - AZ 2019-07-02 6,508 465 SL 14.29 % 930      
    EQUIPMENT 2019-04-02 2,130 152 SL 14.29 % 304      
    CAP PROJECTS - AZ FARM 2019-08-27 59,395 1,978 SL 6.67 % 3,962      
    CAP PROJECTS - AZ FARM 2019-06-30 290,414 9,651 SL 6.67 % 19,330      
    LAND IMPROV - TX 2019-03-20 8,195 273 SL 6.67 % 547      
    CAP PROJECTS - AZ FARM 2019-06-30 54,312 1,809 SL 6.67 % 3,623      
    EQUIPMENT 2019-06-19 16,198 1,157 SL 14.29 % 2,315      
    CAPITAL PROJECTS 2019-09-05 13,800 460 SL 6.67 % 920      
    PIVOT 10 2013-07-25 37,236 16,142 SL 6.67 % 2,484      
    CAPITAL EXP - AZ FARM 2014-06-30 164,512 94,007 200DB 8.93 % 11,751      
    LATERAL PIVOT 2014-06-30 55,276 31,586 200DB 8.93 % 4,936      
    JD S760 - IL FARM 2020-01-09 397,741   SL 7.14 % 28,399      
    SCAG CHEETAH - IL FARM 2020-05-20 10,507   SL 7.14 % 750      
    SCAG CHEETAH - IL FARM 2020-05-20 10,507   SL 7.14 % 750      
    VEHICLE PARTS - IL 2020-10-15 3,593   SL 10.00 % 359      
    IMPROVEMENTS - IL FARM 2020-03-18 1,000   SL 3.33 % 33      
    ROTO TILLER - IL FARM 2020-10-19 1,530   SL 10.00 % 153      
    LADDERS - IL FARM 2020-03-09 2,300   SL 10.00 % 230      
    LADDERS - AZ FARM 2020-03-09 2,300   SL 10.00 % 230      
    CAPITAL EXP - AZ FARM 2014-06-30 60,026 51,450 SL 14.29 % 4,289      
    LAND IMPROV - TX 2020-08-06 43,478   SL 3.33 % 1,448      
    EQUIPMENT - AZ 2020-08-13 2,364   SL 7.14 % 169      
    EQUIPMENT - AZ 2020-05-26 4,168   SL 7.14 % 298      
    EQUIPMENT - AZ 2020-04-02 1,638   SL 7.14 % 117      
    CAMERA EQUIP - AZ 2020-12-23 31,563   SL 7.14 % 2,254      
    CAPITAL PROJECTS - AZ 2020-12-31 64,970   SL 3.33 % 2,164      
    CAPITAL PROJECTS - AZ 2020-12-31 51,278   SL 3.33 % 1,708      
    CAPITAL PROJECTS - AZ 2020-12-31 17,884   SL 3.33 % 596      
    LAND IMPROV 2020-09-30 12,698   SL 3.33 % 423      
    CAPITAL PROJECTS 2020-09-16 90,577   SL 3.33 % 3,016      
    PIVOT - TX FARM 2018-06-27 27,825 2,783 SL 6.67 % 928      

    TY 2020 GeneralExplanationAttachment
    Name:
    SEQUOIA FARM FOUNDATION
    EIN:
    45-5160833
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Identifier Return Reference Explanation
      General Explanation Supplemental Information for Form 990-PF PART VII-A, QUESTION 11CONTROLLED ENTITIESRAPTOR LLCPO BOX 199FORSYTH, IL 62535

    TY 2020 LandEtcSchedule2
    Name:
    SEQUOIA FARM FOUNDATION
    EIN:
    45-5160833
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Auto./Transportation Equip. 1,519,668 1,292,001 227,667 200,000
    Furniture and Fixtures 234,437 120,294 114,143 100,000
    Machinery and Equipment 18,933,165 15,689,001 3,244,164 3,500,000
    Buildings 3,958,658 1,602,812 2,355,846 2,500,000
    Improvements 5,403,672 1,102,914 4,300,758 4,500,000
    Land 73,110,240   73,110,240 80,000,000


    TY 2020 LegalFeesSchedule
    Name:
    SEQUOIA FARM FOUNDATION
    EIN:
    45-5160833
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CROKER, HUCK, KASHER & ASSOC LLC 21,780 0 0 21,780
    QUARLES & BRADY 32,401 0 0 32,401


    TY 2020 OtherAssetsSchedule
    Name:
    SEQUOIA FARM FOUNDATION
    EIN:
    45-5160833
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    EFFINGHAM PATRONAGE EQUITY 29,157 29,950 29,950
    EQUITY INVESTMENT   1,350,511 1,350,511
    SECURITY DEPOSIT 22,226 21,225 21,225


    TY 2020 OtherExpensesSchedule
    Name:
    SEQUOIA FARM FOUNDATION
    EIN:
    45-5160833
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK FEES 4,464     4,464
    BUILDING MAINTENANCE 98,467     98,467
    CHEMICAL,FERTILIZER, SEED 169,489     169,489
    CLOSING COSTS 21,222     21,222
    CONSULTING 10,976     10,976
    DUES & SUBSCRIPTIONS 3,008     3,008
    EMPLOYEE BENEFITS 103,562     103,562
    EQUIPMENT MAINTENANCE 59,387     59,387
    EQUIPMENT RENTAL 183,754     183,754
    FUEL 29,465     29,465
    HAULING 2,691     2,691
    INSURANCE - PROPERTY 124,018     124,018
    INSURANCE - VEHICLE 14,090     14,090
    INSURANCE - WORKERS COMP 27,538     27,538
    IRRIGATION MAINTENANCE 65,566     65,566
    LAND MAINTENANCE 72,447     72,447
    LAND RENT 8,390     8,390
    LICENSE, PERMITS, & FEES 12,681     12,681
    MISCELLANEOUS 2,946     2,946
    OUTSIDE SERVICES 125,265     125,265
    POSTAGE 350     350
    SECURITY 962     962
    SEEDING 14,831     14,831
    SHIPPING 5,790     5,790
    SMALL EQUIPMENT 872     872
    SUPPLIES 73,166     73,166
    SURVEYS 750     750
    TOOLING 2,084     2,084
    TOWER MAINTENANCE 3,215     3,215
    VEHICLE LICENSING 22,145     22,145
    VEHICLE MAINTENANCE 19,855     19,855


    TY 2020 OtherIncomeSchedule2
    Name:
    SEQUOIA FARM FOUNDATION
    EIN:
    45-5160833
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    GRAIN SALES 52,297    
    INS/DAMAGE PYMTS 57,746    
    Other Investment Income 1,888,996    
    PATRONAGE REFUNDS 7,650    


    TY 2020 OtherIncreasesSchedule
    Name:
    SEQUOIA FARM FOUNDATION
    EIN:
    45-5160833
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Amount
    RETURN OF UNUSED GRANT FROM PRIOR YEAR 1,766,243


    TY 2020 OtherLiabilitiesSchedule
    Name:
    SEQUOIA FARM FOUNDATION
    EIN:
    45-5160833
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Beginning of Year - Book Value End of Year - Book Value
    EXCISE TAX PAYABLE   12,138


    TY 2020 TaxesSchedule
    Name:
    SEQUOIA FARM FOUNDATION
    EIN:
    45-5160833
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 15,738     15,738
    PAYROLL TAXES 65,751     65,751
    REAL ESTATE TAXES 367,224     367,224