Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
SBM CHARITABLE FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)935 MAIN STREET LEVEL C NO B-101
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MANCHESTER, CT06040
A Employer identification number

06-1574365
B Telephone number (see instructions)

(860) 533-0355
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$36,871,371J 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) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments 103 103  
4 Dividends and interest from securities... 521,453 521,453  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 800,433
b Gross sales price for all assets on line 6a 9,960,079
7 Capital gain net income (from Part IV, line 2)... 800,433
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).......      
12 Total. Add lines 1 through 11........ 1,321,989 1,321,989  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 150,115 0   150,115
14 Other employee salaries and wages...... 80,771 0   80,771
15 Pension plans, employee benefits....... 61,213 0   61,213
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 20,044 6,013   14,031
c Other professional fees (attach schedule).... Click to see attachment 10,868 0   10,868
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 17,088 0   0
19 Depreciation (attach schedule) and depletion... 5,568 0  
20 Occupancy.............. 7,991 0   7,991
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 141,533 114,525   27,008
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 495,191 120,538   351,997
25 Contributions, gifts, grants paid....... 1,196,800 1,246,300
26 Total expenses and disbursements. Add lines 24 and 25 1,691,991 120,538   1,598,297
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -370,002
b Net investment income (if negative, enter -0-) 1,201,451
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 300 300 300
2 Savings and temporary cash investments......... 2,025,642 3,396,658 3,396,658
3 Accounts receivable bullet126,877
Less: allowance for doubtful accounts bullet   66,224 126,877 126,877
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 1,870 9,666 9,666
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 32,982,416 Click to see attachment33,245,554 33,245,554
14 Land, buildings, and equipment: basis bullet191,542
Less: accumulated depreciation (attach schedule) bullet99,226 97,884 92,316 92,316
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 35,174,336 36,871,371 36,871,371
Liabilities 17 Accounts payable and accrued expenses.......... 43,495 35,652
18 Grants payable................. 250,000 200,000
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 293,495 235,652
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........... 34,880,841 36,635,719
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 34,880,841 36,635,719
30 Total liabilities and net assets/fund balances (see instructions). 35,174,336 36,871,371
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
34,880,841
2
Enter amount from Part I, line 27a .....................
2
-370,002
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
2,124,880
4
Add lines 1, 2, and 3 ..........................
4
36,635,719
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
36,635,719
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 US BANK P   2020-12-31
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 9,960,079   9,159,646 800,433
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       800,433
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 800,433
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 16,700
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 16,700
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 16,700
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 24,580
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 24,580
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 7,880
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet7,880 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changesClick to see attachment....
3
Yes
 
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
     
    No
    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)
    bulletCT
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.SBMFOUNDATION.ORG
    14
    The books are in care ofbulletDOREEN DOWNHAM Telephone no.bullet (860) 533-0355

    Located atbullet935 MAIN STREET SUITE B-101 LEVEL CMANCHESTERCT ZIP+4bullet06040
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    BRIAN A ORENSTEIN TREASURER
    0.50     		0 0 0
    935 MAIN STREET LEVEL C SUITE B-101
    MANCHESTER,CT06040
    CHARLES L PIKE VICE PRESIDENT
    0.50     		0 0 0
    935 MAIN STREET LEVEL C SUITE B-101
    MANCHESTER,CT06040
    DOREEN DOWNHAM EX DIR/SECRETARY
    40.00     		150,115 20,015 0
    935 MAIN STREET LEVEL C SUITE B-101
    MANCHESTER,CT06040
    DOUGLAS K ANDERSON VICE PRESIDENT
    0.50     		0 0 0
    935 MAIN STREET LEVEL C SUITE B-101
    MANCHESTER,CT06040
    ERIC A MARZIALI TRUSTEE
    0.50     		0 0 0
    935 MAIN STREET LEVEL C SUITE B-101
    MANCHESTER,CT06040
    GREGORY S WOLFF TRUSTEE
    0.50     		0 0 0
    935 MAIN STREET LEVEL C SUITE B-101
    MANCHESTER,CT06040
    HARRY S GAUCHER TRUSTEE
    0.50     		0 0 0
    935 MAIN STREET LEVEL C SUITE B-101
    MANCHESTER,CT06040
    JOHN D LABELLE JR TRUSTEE
    0.50     		0 0 0
    935 MAIN STREET LEVEL C SUITE B-101
    MANCHESTER,CT06040
    JON L NORRIS TRUSTEE
    0.50     		0 0 0
    935 MAIN STREET LEVEL C SUITE B-101
    MANCHESTER,CT06040
    LAURENCE P RUBINOW CHAIRMAN
    0.50     		0 0 0
    935 MAIN STREET LEVEL C SUITE B-101
    MANCHESTER,CT06040
    LINDA S KLEIN TRUSTEE
    0.50     		0 0 0
    935 MAIN STREET LEVEL C SUITE B-101
    MANCHESTER,CT06040
    MARY C DEVANNEY TRUSTEE
    0.50     		0 0 0
    935 MAIN STREET LEVEL C SUITE B-101
    MANCHESTER,CT06040
    MICHAEL J HARTL TRUSTEE
    0.50     		0 0 0
    935 MAIN STREET LEVEL C SUITE B-101
    MANCHESTER,CT06040
    RICHARD P MEDUSKI PRESIDENT
    0.50     		0 0 0
    935 MAIN STREET LEVEL C SUITE B-101
    MANCHESTER,CT06040
    RICHARD SUSKI TRUSTEE
    0.50     		0 0 0
    935 MAIN STREET LEVEL C SUITE B-101
    MANCHESTER,CT06040
    SHEILA B FLANAGAN TRUSTEE
    0.50     		0 0 0
    935 MAIN STREET LEVEL C SUITE B-101
    MANCHESTER,CT06040
    STEPHEN J O'NEILL TRUSTEE
    0.50     		0 0 0
    935 MAIN STREET LEVEL C SUITE B-101
    MANCHESTER,CT06040
    SUSAN M KEATING TRUSTEE
    0.50     		0 0 0
    935 MAIN STREET LEVEL C SUITE B-101
    MANCHESTER,CT06040
    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
    KELLEY GUNTHER FOUNDATION & SCHOLAR
    40.00     		73,371 24,494 0
    935 MAIN STREET
    MANCHESTER,CT06040
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    PRIME BUCHHOLZ & ASSOCIATES LLC INVESTMENT MANAGEMENT 75,000
    273 CORPORATE DR 250
    PORTSMOUTH,NH03801
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 NONE 0
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    28,907,068
    b
    Average of monthly cash balances.......................
    1b
    539,196
    c
    Fair market value of all other assets (see instructions)................
    1c
    579,357
    d
    Total (add lines 1a, b, and c).........................
    1d
    30,025,621
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    30,025,621
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    450,384
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    29,575,237
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,478,762
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,478,762
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    16,700
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    16,700
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,462,062
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,462,062
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    1,462,062
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    1,598,297
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,598,297
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,598,297
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 1,462,062
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 574,001
    b From 2016...... 871,409
    c From 2017...... 703,797
    d From 2018...... 949,790
    e From 2019...... 737,187
    fTotal of lines 3a through e........ 3,836,184
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 1,598,297
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 1,462,062
    e Remaining amount distributed out of corpus 136,235
    5 Excess distributions carryover applied to 2020. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 3,972,419
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		574,001
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		3,398,418
    10 Analysis of line 9:
    a Excess from 2016.... 871,409
    b Excess from 2017.... 703,797
    c Excess from 2018.... 949,790
    d Excess from 2019.... 737,187
    e Excess from 2020.... 136,235
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    KELLEY GUNTHER FOUNDATION AND SCHOL
    935 MAIN STREET SUITE B-101 LEVEL C
    MANCHESTER,CT06040
    (860) 533-1067
    bThe form in which applications should be submitted and information and materials they should include:
    COMPLETION OF THE "REQUEST FOR GRANT AND "SCHOLARSHIP APPLICATION" FORMS LOCATED ON THE ORGANIZATION'S WEB SITE.
    cAny submission deadlines:
    SCHOLARSHIP APPLICATION - JANUARY - MARCH FOR THE FOLLOWING FALL SEMESTER; GRANTS APPS - YEAR ROUND
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GRANTS AND SCHOLARSHIPS LIMITED TO THE GEOGRAPHICAL AREAS INDICATED ON THE WEB SITE.
    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
    ACCESS COMMUNITY ACTION AGENCY
    1315 MAIN STREET
    WILLIMANTIC,CT06226     		  PC GENERAL USE GRANT 1,500
    ACHIEVE HARTFORD INC
    1429 PARK STREET UNIT 114
    HARTFORD,CT06106     		  PC GENERAL USE GRANT 1,000
    AHM YOUTH SERVICES INC
    25 PENDLETON DRIVE
    HEBRON,CT06082     		  PC GENERAL USE GRANT 3,800
    ALTRUSA INTERNATIONAL INC
    332 S MICHIGAN AVE
    CHICAGO,IL60604     		  PC GENERAL USE GRANT 4,010
    AUTISM FAMILIES OF CONNECTICUT
    101 NORTH PLAINS INDUSTIRAL ROAD
    WALLINGFORD,CT06492     		  PC GENERAL USE GRANT 1,800
    BOY SCOUTS OF AMERICA CRC
    60 DARLIN ST PO BOX
    EAST HARTFORD,CT06107     		  PC GENERAL USE GRANT 47,180
    BUILDING HEALTHY FAMILIES
    302 HACKMATACK STREET
    MANCHESTER,CT06040     		  PC GENERAL USE GRANT 2,000
    CAPITAL COMMUNITY COLLEGE
    950 MAIN ST
    HARTFORD,CT06103     		  PC SCHOLARSHIPS 2,000
    CATHOLIC CHARITIES AND FAMILLY SERVICES
    331 MAIN STREET
    NORWICH,CT06360     		  PC GENERAL USE GRANT 4,050
    CENTRAL CONNECTICUT STATE UNIVERSITY
    1615 STANLEY ST
    NEW BRITAIN,CT06050     		  PC SCHOLARSHIPS 30,400
    CHILDREN'S LAW CENTER OF CT
    30 ARBOR STREET NORTH
    HARTFORD,CT06119     		  PC GENERAL USE GRANT 23,000
    CHRYSALIS CENTER INC
    255 HOMESTEAD AVENUE
    HARTFORD,CT06112     		  PC GENERAL USE GRANT 4,000
    CONNECTICUT AUDUBON SOCIETY
    1316 MAIN STREET
    GLASTONBURY,CT06106     		  PC GENERAL USE GRANT 28,958
    CONNECTICUT COUNCIL FOR PHILANTHROPY
    221 MAIN STREET
    HARTFORD,CT06106     		  PC GENERAL USE GRANT 6,165
    CONNECTICUT INSTITUTE FOR THE BLIND DBA OAK HILL
    120 HOLCOMB STREET
    HARTFORD,CT06112     		  PC GENERAL USE GRANT 500
    CONNECTICUT INVENTION CONVENTION
    PO BOX 230311
    HARTFORD,CT06123     		  PC GENERAL USE GRANT 2,000
    CONNECTICUT PUBLIC AFFAIRS NETWORK
    21 OAK ST
    HARTFORD,CT06106     		  PC GENERAL USE GRANT 900
    CONNECTICUT RADIO INFORMATION SYSTEMS INC
    515 NORTH EAGLEVILLE ROAD
    STORRS,CT06268     		  PC GENERAL USE GRANT 1,300
    CONNECTICUT SCIENCE CENTER
    250 COLUMBUS BLVD
    HARTFORD,CT06106     		  PC GENERAL USE GRANT 41,105
    CONNECTICUT WOMEN'S HALL OF FAME
    320 FITCH ST
    NEW HAVEN,CT06515     		  PC GENERAL USE GRANT 2,700
    CONNECTICUT COLLEGE
    270 MOHEGAN AVE PKWY
    NEW LONDON,CT06320     		  PC SCHOLARSHIPS 1,500
    COVE CENTER FOR GRIEVING
    250 POMEROY AVE SUITE 107
    MERIDEN,CT06450     		  PC GENERAL PURPOSE 500
    COVENANT SOUP KITCHEN
    220 VALLEY STREET
    WILLIMANTIC,CT06226     		  PC GENERAL USE GRANT 5,000
    COVENANT TO CARE FOR CHILDREN INC
    1477 PARK ST 2A
    HARTFORD,CT06106     		  PC GENERAL USE GRANT 2,700
    CREATIVE LIVING COMMUNITY OF CONNECTICUT INC
    60 CHURCH STREET
    MANCHESTER,CT06040     		  PC GENERAL USE GRANT 500
    DANCES WITH WOOD INC
    80 OLDE ORCHARD ROAD
    CLINTON,CT06413     		  PC GENERAL USE GRANT 2,400
    EAST COAST GREENWAY
    22 BRUCE PARK DR
    GREENWICH,CT06830     		  PC GENERAL USE GRANT 2,600
    EASTERN CONNECTICUT STATE UNIVERSITY
    83 WINDHAM STREET
    WILLIMANTIC,CT06040     		  PC SCHOLARSHIPS 35,700
    EASTERNN CONNECTICUT STATE UNIVERSITY FOUNDATION
    83 WINDHAM STREET
    WILLIMANTIC,CT06040     		  PC GENERAL USE GRANT 34,800
    ENFIELD LOAVES AND FISHES
    23 NORTH MAIN STREET
    ENFIELD,CT06082     		  PC GENERAL USE GRANT 5,000
    FOODSHARE
    450 WOODLAND AVE
    BLOOMFIELD,CT06226     		  PC GENERAL USE GRANT 15,000
    GENERATIONS FAMILY HEALTH CENTER INC
    1315 MAIN STREET
    WILLIMANTIC,CT06033     		  PC GENERAL USE GRANT 25,000
    GIRL SCOUTS OF CT
    340 WASHINGTON STREET
    HARTFORD,CT06106     		  PC GENERAL USE GRANT 11,030
    HANDS ON HARTFORD
    330 MAIN STREET 3RD FLOOR
    HARTFORD,CT06106     		  PC GENERAL USE GRANT 4,000
    HARTFORD CONSORTIUM FOR HIGHER EDUCATION
    95 MAIN STREET SUITE 314
    HARTFORD,CT06103     		  PC GENERAL USE GRANT 26,000
    HARTFORD GAY & LESBIAN HEALTH COLLECTIVE
    1841 BROAD STREET
    HARTFORD,CT06114     		  PC GENERAL USE GRANT 3,500
    HARTFORD JEWISH FEDERATION
    333 BLOOMFIELD AVENUE
    WEST HARTFORD,CT06117     		  PC GENERAL USE GRANT 4,000
    HARTFORD STAGE COMPANY
    50 CHURCH STREET
    HARTFORD,CT06103     		  PC GENERAL USE GRANT 54,000
    HEALING MEALS COMMUNITY PROJECT
    PO BOX 7223
    BLOOMFIELD,CT06002     		  PC GENERAL USE GRANT 1,000
    HIGHER EDGE INC
    35 REDDEN AVE
    NEW LONDON,CT06320     		  PC GENERAL USE GRANT 4,000
    HILL-STEAD MUSEUM
    35 MOUNTAIN RD
    FARMINGTON,CT06002     		  PC GENERAL USE GRANT 9,783
    HOCKANUM VALLEY COMMUNITY COUNCIL INC
    155 WEST MAIN STREET
    VERNON,CT06226     		  PC GENERAL USE GRANT 33,000
    HORIZONS INC
    127 BABCOCK HILL RD
    SOUTH WINDHAM,CT06266     		  PC GENERAL USE GRANT 44,997
    INTERVAL HOUSE
    PO BOX 340207
    HARTFORD,CT06117     		  PC GENERAL USE GRANT 3,000
    JASON LEARNING
    44983 KNOLL SQUARE
    ASHBURN,VA20147     		  PC GENERAL USE GRANT 3,000
    JORDON PORCO FOUNDATION
    225 ASYLUM ST FL 23
    HARTFORD,CT06103     		  PC GENERAL USE GRANT 800
    JUMPSTART FOR YOUNG CHILDREN
    520 EIGHTH AVENUE 303
    NEW YORK,NY10018     		  PC GENERAL USE GRANT 3,100
    JUNIOR ACHIEVEMENT OF SOUTHWEST NEW ENGLAND INC
    11 ASYLUM STREET SUITE 601
    HARTFORD,CT06103     		  PC GENERAL USE GRANT 10,000
    KIDSAFE CT
    19 ELM ST
    ROCKVILLE,CT06066     		  PC GENERAL USE GRANT 2,750
    LAWYERS FOR CHILDREN AMERICA
    151 FARMINGTON AVE
    HARTFORD,CT06040     		  PC GENERAL USE GRANT 2,400
    LEADERSHIP GREATER HARTFORD INC
    30 LAUREL STREET SUITE 3
    HARTFORD,CT06106     		  PC GENERAL USE GRANT 2,700
    LITERACY VOLUNTEERS OF GREATER HARTFORD
    30 ARBOR STREET
    HARTFORD,CT06106     		  PC GENERAL USE GRANT 3,000
    MALTA HOUSE OF CARE FOUNDATION
    1 STATE STREET SUITE
    HARTFORD,CT06045     		  PC GENERAL USE GRANT 67,500
    MANCHESTER AREA CONFERENCE OF CHURCHES
    466 MAIN STREET
    MANCHESTER,CT06045     		  PC GENERAL USE GRANT 15,000
    MANCHESTER COMMUNITY COLLEGE FOUNDATION
    GREAT PATHS MS 6 PO
    MANCHESTER,CT06040     		  PC GENERAL USE GRANT 25,000
    MANCHESTER LAND CONSERVATION TRUST
    20 HARTFORD RD
    MANCHESTER,CT06040     		  PC GENERAL USE GRANT 1,500
    MANCHESTER SYMPHONY ORCHESTRA AND CHORALE
    PO BOX 861
    MANCHESTER,CT06040     		  PC GENERAL USE GRANT 1,000
    MANCHESTER UNICO FOUNDATION INC
    PO BOX 803
    MANCHESTER,CT06045     		  PC GENERAL USE GRANT 500
    MARC INC OF MANCHESTER
    151 SHELDON RD
    MANCHESTER,CT06042     		  PC GENERAL USE GRANT 4,805
    MAYOR'S PROGRAM FOR MANCHESTER CHILDREN
    PO BOX 1373
    MANCHESTER,CT06045     		  PC GENERAL USE GRANT 11,700
    MEDI TEDDY INC
    91 LABBANCE LANE
    FAIRFIELD,CT06824     		  PC GENERAL USE GRANT 891
    MERCY HOUSING & SHELTER
    221 MAIN STREET 4TH FLOOR
    HARTFORD,CT06106     		  PC GENERAL USE GRANT 3,600
    MY SISTERS' PLACE INC
    102 PLINY STREET
    HARTFORD,CT06120     		  PC GENERAL USE GRANT 15,000
    NAUGATUCK VALLEY COMMUNITY COLLEGE
    750 CHASE PKWY
    WATERBURY,CT06708     		  PC SCHOLARSHIPS 1,000
    NATIONAL CONFERENCE FOR COMM & JUSTICE INC
    1095 DAY HILL ROAD SUITE 100
    WINDSOR,CT06095     		  PC GENERAL USE GRANT 2,700
    NEW BRITAIN MUSEUM OF AMERICAN ART INC
    56 LEXINGTON STREET
    NEW BRITAIN,CT06050     		  PC GENERAL USE GRANT 5,950
    NEW ENGLAND AIR MUSEUM
    36 PERIMETER RD
    WINDSOR LOCKS,CT06096     		  PC GENERAL USE GRANT 5,400
    NUTMEG BIG BROTHERS BIG SISTERS
    30 LAUREL STREET SUITE 3
    HARTFORD,CT06106     		  PC GENERAL USE GRANT 4,000
    OPEN HEARTH ASSOCIATION INC
    PO BOX 1077
    HARTFORD,CT06226     		  PC GENERAL USE GRANT 41,000
    OUR PIECE OF THE PIE INC
    20 SARGEANT ST
    HARTFORD,CT06105     		  PC GENERAL USE GRANT 1,500
    PERCEPTION PROGRAMS
    54 NORTH ST
    WILLIMANTIC,CT06226     		  PC GENERAL USE GRANT 4,000
    QUINNIPIAC UNIVERSITY
    27 MOUNT CARMEL AVENUE
    HAMDEN,CT06518     		  PC SCHOLARSHIPS 7,500
    READ TO GROW INC
    53 SCHOOL GROUND RD
    BRANFORD,CT06450     		  PC GENERAL USE GRANT 1,500
    REBUILDING TOGETHER - MANCHESTER
    41 CENTER STREET PO BOX
    MANCHESTER,CT06040     		  PC GENERAL USE GRANT 67,500
    RE-CENTER RACE & EQUITY IN EDUCATION
    75 CHARTER OAK AVE
    HARTFORD,CT06106     		  PC GENERAL USE GRANT 18,000
    RHS PROJECT GRADUATION
    70 LOVELAND HILL RD
    VERNON,CT06066     		  PC GENERAL USE GRANT 500
    RONALD MCDONALD HOUSE CHARITIES OF CT & W MA
    860 HOWARD AVENUE SUITE A
    NEW HAVEN,CT06519     		  PC GENERAL USE GRANT 1,000
    SACRED HEART UNIVERSITY
    5151 PARK AVE
    FAIRFIELD,CT06432     		  PC SCHOLARSHIPS 1,000
    SAINT FRANCIS FOUNDATION
    95 WOODLAND STREET 2ND FL
    HARTFORD,CT06105     		  PC GENERAL USE GRANT 50,000
    SAINT FRANCIS HOSPITAL AND MEDICAL CENTER
    114 WOODLAND ST
    HARTFORD,CT06105     		  PC GENERAL USE GRANT 27,365
    SALVATION ARMY
    316 PLEASANT ST
    WILLIMANTIC,CT06226     		  PC GENERAL USE GRANT 4,000
    SAXTON B LITTLE FREE LIBRARY INC
    319 CONNECTICUT 87
    COLUMBIA,CT06237     		  PC GENERAL USE GRANT 4,500
    SOUTHERN CONNECTICUT STATE UNIVERSITY
    501 CRESCENT ST
    NEW HAVEN,CT06515     		  PC SCHOLARSHIPS 800
    SOUTH PARK INN INC
    75 MAIN STREET
    HARTFORD,CT06106     		  PC GENERAL USE GRANT 500
    ST EDMUND'S RETREAT
    1 ENDERS ISLAND PO BOX 399
    MYSTIC,CT06355     		  PC GENERAL USE GRANT 100
    SUNSHINE KIDS FOUNDATION
    75 CHARTER OAK AVE
    HARTFORD,CT06106     		  PC GENERAL USE GRANT 2,500
    SUSAN G KOMEN NEW ENGLAND
    PO BOX 127
    NEWTON,MA02468     		  PC GENERAL USE GRANT 2,000
    TOWN OF SOUTH WINDSOR
    1540 SULLIVAN AVE
    SOUTH WINDSOR,CT06074     		  NC GENERAL USE GRANT 1,000
    TRINITY COLLEGE
    300 SUMMIT STREET
    HARTFORD,CT06106     		  PC SCHOLALRSHIPS 900
    TUNXIS COMMUNITY COLLEGE
    271 SCOTT SWAMP RD
    FARMINGTON,CT06032     		  PC SCHOLARSHIPS 1,000
    UCONN-GOAL LINEH
    2131 HILLSIDE RD - UNIT 3088
    STORRS,CT06269     		  PC GENERAL USE GRANT 73,262
    UNIVERSITY OF CONNECTICUT
    2131 HILLSIDE RD - UNIT 3088
    STORRS,CT06269     		  PC SCHOLARSHIPS 124,750
    UNIVERSITY OF CONNECTICUT
    2131 HILLSIDE RD - UNIT 3088
    STORRS,CT06269     		  PC GENERAL USE GRANT 18,000
    UNIVERSITY OF HARTFORD
    200 BLOOMFIELD AVE
    WEST HARTFORD,CT06117     		  PC SCHOLARSHIPS 5,800
    UNIVERSITY OF NEW HAVEN
    300 BOSTON POST ROAD
    WEST HAVEN,CT06516     		  PC SCHOLARSHIPS 1,000
    UNIVERSITY OF SAINT JOSEPH
    1678 ASYLUM AVENUE
    WEST HARTFORD,CT06117     		  PC GENERAL USE GRANT 2,700
    UNIVERSITY OF SAINT JOSEPH
    1678 ASYLUM AVENUE
    WEST HARTFORD,CT06117     		  PC SCHOLARSHIPS 7,100
    WADSWORTH ATHENEUM MUSEUM OF ART
    600 MAIN ST
    HARTFORD,CT06103     		  PC GENERAL USE GRANT 4,000
    WESTERN CONNECTICUT STATE UNIVERSITY
    181 WHITE ST
    DANBURY,CT06810     		  PC SCHOLARSHIPS 5,500
    WORLD AFFAIRS COUNCIL CONNECTICUT INC
    1049 ASYLUM AVE
    HARTFORD,CT06105     		  PC GENERAL USE GRANT 4,050
    YMCA OF GREATER HARTFORD
    160 JEWELL STREET
    HARTFORD,CT06103     		  PC GENERAL USE GRANT 30,000
    YWCA HARTFORD REGION
    135 BROAD STREET
    HARTFORD,CT06105     		  PC GENERAL USE GRANT 1,300
    Total .................................bullet 3a 1,246,301
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 103  
    4 Dividends and interest from securities....     14 521,453  
    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 ............     		    18 800,433  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 1,321,989 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,321,989
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    SBM CHARITABLE FOUNDATION INC
    EIN:
    06-1574365
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 20,044 6,013   14,031

    TY 2020 InvestmentsOtherSchedule2
    Name:
    SBM CHARITABLE FOUNDATION INC
    EIN:
    06-1574365
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    FIXED INCOME FUNDS FMV 5,075,958 5,075,958
    EQUITY FUNDS FMV 25,931,648 25,931,648
    OTHER INVESTMENTS FMV 579,357 579,357
    BALANCED FUNDS FMV 1,658,591 1,658,591

    TY 2020 OtherExpensesSchedule
    Name:
    SBM CHARITABLE FOUNDATION INC
    EIN:
    06-1574365
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INSURANCE 3,266 0   3,266
    OFFICE EXPENSE 19,573 0   19,573
    INVESTMENT FEES 114,525 114,525   0
    PAYROLL ADP FEE 3,504 0   3,504
    OTHER PROGRAM EXPENSES 665 0   665


    TY 2020 OtherIncreasesSchedule
    Name:
    SBM CHARITABLE FOUNDATION INC
    EIN:
    06-1574365
    Description Amount
    UNREALIZED GAIN/LOSS ON INVESTMENTS 2,124,880


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    SBM CHARITABLE FOUNDATION INC
    EIN:
    06-1574365
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROFESSSIONAL FEES 10,868 0   10,868


    TY 2020 TaxesSchedule
    Name:
    SBM CHARITABLE FOUNDATION INC
    EIN:
    06-1574365
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 17,088 0   0