TY 2020 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0052

2020

Open to Public Inspection

For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020

Name of foundation
ELLIE'S FOUNDATION INC
C/O DENASHA A SCOTT

Number and street (or P.O. box number if mail is not delivered to street address)1200 N MAYFAIR RD STE 430
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
MILWAUKEE, WI532263282

A Employer identification number

20-0414455

B Telephone number (see instructions)

(414) 982-2873

C If exemption application is pending, check here bullet

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

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

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

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

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

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

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

$9,751,831J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)	2,935,252
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	155,362		155,362
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		566,336
b	Gross sales price for all assets on line 6a 5,038,551
7	Capital gain net income (from Part IV, line 2)...			2,916,815
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).......		142	142
12	Total. Add lines 1 through 11........	3,657,092		3,072,319
13	Compensation of officers, directors, trustees, etc.	0		0	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........		70	0	0
b	Accounting fees (attach schedule).......		1,935	0	0
c	Other professional fees (attach schedule)....		23,244	23,244	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		15,133	3,133	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	40,382		26,377	0
25	Contributions, gifts, grants paid.......	356,116			356,116
26	Total expenses and disbursements. Add lines 24 and 25	396,498		26,377	356,116
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	3,260,594
b	Net investment income (if negative, enter -0-)			3,045,942
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	222,726	229,085	229,085
	2	Savings and temporary cash investments.........
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......	2,120,085	4,362,400	7,277,596
	c	Investments—corporate bonds (attach schedule).......	805,810	2,153,237	2,245,150
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	2,419,278	2,184,708	0
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	5,567,899	8,929,430	9,751,831
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	5,567,899	8,929,430
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds
	29	Total net assets or fund balances (see instructions).....	5,567,899	8,929,430
	30	Total liabilities and net assets/fund balances (see instructions).	5,567,899	8,929,430

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............

5,567,899

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

3,260,594

Other increases not included in line 2 (itemize) bullet

100,937

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

8,929,430

Decreases not included in line 2 (itemize) bullet

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

8,929,430

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	(d) Date sold (mo., day, yr.)
1 a	MFB NORTHN HI YIELD FXD INC FD	P	2020-02-28
b	MFB NORTHERN FDS FIXED INCOME FD	P	2020-03-09
c	MFB NORTHN FUNDS EMERGING MKTS EQTY INDEX FD	P	2020-03-27
d	MFC FLEXSHARES TR READY ACCESS VAR INCOME FD	P	2020-04-17
e	FLEXSHARES TR GLOBAL QUALITY REAL ESTATE INDEX FD	P	2020-05-01
	MFB NORTHN FUNDS EMERGING MKTS EQTY INDEX FD	P	2020-05-19
	DEUTSCHE POST AG SPONSORED ADR	P	2020-12-21
	BAIDU COM INC SPONSORED ADR	P	2020-12-23
	BK AMER CORP COM	P	2020-12-23
	DEUTSCHE POST AG SPONSORED ADR	P	2020-12-23
	BARCLAYS PLC ADR	P	2020-12-24
	IHS MARKIT LTD COM	P	2020-12-24
	ADR COMPAGNIE FIN F	P	2020-12-29
	APPLE COMPUTER INC	P	2020-01-08
	ISHARES TR NASDAQ BIOTECH INDEX FD	P	2020-01-08
	JP MORGAN CHASE & CO	P	2020-01-08
	ACCENTURE PLC SHS CL A	P	2020-01-08
	MFB NORTHN HI YIELD FXD INC FD	P	2020-02-28
	PHILLIPS 66 COM	P	2020-02-28
	LOWES COMPANIES INC	P	2020-03-09
	MFB NORTHERN FDS FIXED INCOME FD	P	2020-03-09
	ACCENTURE PLC SHS CL A	P	2020-03-28
	FLEXSHARES TR GLOBAL QUALITY REAL ESTATE INDEX FD	P	2020-05-01
	CHEVRONTEXACO CORP	P	2020-05-19
	DOCUSIGN INC COM	P	2020-05-19
	MICROSOFT CORP COM	P	2020-05-19
	DOCUSIGN INC COM	P	2020-06-02
	LOWES COMPANIES INC	P	2020-06-02
	APPLE COMPUTER INC	P	2020-06-18
	DOCUSIGN INC COM	P	2020-06-18
	CHEVRONTEXACO CORP	P	2020-06-19
	MICROSOFT CORP COM	P	2020-06-19
	DOCUSIGN INC COM	P	2020-07-06
	ISHARES TR NASDAQ BIOTECH INDEX FD	P	2020-07-06
	DOCUSIGN INC COM	P	2020-07-22
	MFC FLEXSHARES TR MORNINGSTAR GLOBAL UPSTREAM NAT RES INDEX	P	2020-07-22
	MICROSOFT CORP COM	P	2020-07-22
	APPLE COMPUTER INC	P	2020-07-31
	CHEVRONTEXACO CORP	P	2020-07-31
	DOCUSIGN INC COM	P	2020-07-31
	ISHARES TR NASDAQ BIOTECH INDEX FD	P	2020-07-31
	APPLE COMPUTER INC	P	2020-09-08
	DOCUSIGN INC COM	P	2020-09-08
	MICROSOFT CORP COM	P	2020-09-08
	APPLE COMPUTER INC	P	2020-09-29
	DOCUSIGN INC COM	P	2020-10-05
	APPLE COMPUTER INC	P	2020-10-28
	APPLE COMPUTER INC	P	2020-11-10
	DOCUSIGN INC COM	P	2020-11-10
	ISHARES TR NASDAQ BIOTECH INDEX FD	P	2020-11-10
	LOWES COMPANIES INC	P	2020-11-10
	DOCUSIGN INC COM	P	2020-12-14
	MFC FLEXSHARES TRUST QUALITY DIVID INDEX FD	P	2020-12-14
	INTEL CORP	P	2020-12-14
	ISHARES TR NASDAQ BIOTECH INDEX FD	P	2020-12-14
	NORFOLK SOUTHN CORP COM	P	2020-12-14
	SCHWAB CHARLES CORP COMMON STOCK NEW	P	2020-12-14
	ACCENTURE PLC SHS CL A	P	2020-12-14
	INTEL CORP	P	2020-12-21
	NORFOLK SOUTHN CORP COM	P	2020-12-21
	JP MORGAN CHASE & CO	P	2020-12-22
	CONOCOPHILLIPS	P	2020-12-23
	ACTIVISION BLIZZARD INC COM STK	P	2020-12-30
	CAPITAL GAINS DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	119	119	0
b	166,672	159,483	7,189
c	77,511	92,996	-15,485
d	343,214	346,346	-3,132
e	45,548	51,921	-6,373
	77,907	84,309	-6,402
	684	713	-29
	749	759	-10
	5,220	5,079	141
	731	764	-33
	843	824	19
	6,818	6,915	-97
	23		23
	47,420	1,503	45,917
	46,608	10,450	36,158
	30,223		30,223
	15,188	1,554	13,634
	118,517	115,090	3,427
	150,991		150,991
	73,234	16,920	56,314
	384,709	345,270	39,439
	54,173	6,930	47,243
	79,342	93,651	-14,309
	17,819	19,282	-1,463
	27,027	988	26,039
	81,479	636	80,843
	121,736	3,855	117,881
	51,249	8,638	42,611
	48,904	1,339	47,565
	86,762	2,501	84,261
	91,659	98,183	-6,524
	58,811	433	58,378
	47,922	1,160	46,762
	42,466	8,257	34,209
	16,310	376	15,934
	67,202	73,077	-5,875
	33,888	235	33,653
	15,156	356	14,800
	31,812	38,073	-6,261
	17,906	390	17,516
	53,805	10,883	42,922
	58,393	1,190	57,203
	124,651	2,728	121,923
	37,226	258	36,968
	23,445	496	22,949
	71,824	1,480	70,344
	33,752	723	33,029
	25,783	532	25,251
	16,167	385	15,782
	58,704	11,533	47,171
	20,380	2,909	17,471
	367,273	7,488	359,785
	154,526	130,862	23,664
	245,531	102,436	143,095
	49,104	8,555	40,549
	185,427	60,305	125,122
	48,475	24,108	24,367
	266,198	23,963	242,235
	182,862	85,021	97,841
	90,438	29,813	60,625
	102,450		102,450
	160,120		160,120
	67,176	16,693	50,483
	10,289		10,289

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			0
b			7,189
c			-15,485
d			-3,132
e			-6,373
			-6,402
			-29
			-10
			141
			-33
			19
			-97
			23
			45,917
			36,158
			30,223
			13,634
			3,427
			150,991
			56,314
			39,439
			47,243
			-14,309
			-1,463
			26,039
			80,843
			117,881
			42,611
			47,565
			84,261
			-6,524
			58,378
			46,762
			34,209
			15,934
			-5,875
			33,653
			14,800
			-6,261
			17,516
			42,922
			57,203
			121,923
			36,968
			22,949
			70,344
			33,029
			25,251
			15,782
			47,171
			17,471
			359,785
			23,664
			143,095
			40,549
			125,122
			24,367
			242,235
			97,841
			60,625
			102,450
			160,120
			50,483
			10,289

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	2,916,815
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Part V

Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income

SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE

1 Reserved

(a) Reserved	(b) Reserved	(c) Reserved	(d) Reserved

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

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

Form 990-PF (2020)

Page 4

Part VI

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Reserved................................	1	42,339
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	42,339
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	42,339
6	Credits/Payments:

a	2020 estimated tax payments and 2019 overpayment credited to 2020	6a	9,639
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	45,000
d	Backup withholding erroneously withheld ...........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	54,639
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.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	12,300
11	Enter the amount of line 10 to be: Credited to 2021 estimated tax12,300	Refunded	11	0

Part VII-A

Statements Regarding Activities

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

Yes

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

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

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

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

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

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

(1) On the foundation. bullet

$ 0(2) On foundation managers. bullet

$ 0

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

on foundation managers. bullet

$ 0

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

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

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

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

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

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

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

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XV..................................

Yes

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

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.

If "Yes," complete Part XIV .............................

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

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

Form 990-PF (2020)

Page 5

Part VII-A

Statements Regarding Activities (continued)

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement. See instructions.................

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

Yes

Website address bullet

N/A

The books are in care of bullet

DWAYNE JOHNSON ASSOCIATES SC Telephone no. bullet

(262) 544-4899

Located at bullet

W233 N2080 RIDGEVIEW PKWY STE 301WAUKESHAWI ZIP+4 bullet

53188

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here ......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ........ bullet

16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country? .................

16 No

See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country bullet

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? YesNo

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

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

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

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

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)?...............YesNo

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.).......YesNo

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........

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

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2020?.............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2020, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2020?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

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

20, 20, 20, 20

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

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

If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2020.)..................

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

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?

Form 990-PF (2020)

Page 6

Part VII-B

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

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

Yes

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

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

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

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

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

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

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

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

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......

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

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant?..........YesNo

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

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

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

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

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

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

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

Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or

excess parachute payment during the year? .................YesNo

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation. See instructions

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
ELLEN BECHTHOLD	PRESIDENT 0.00	0	0	0
1040 N LAKE SHORE DRIVE APT 17C CHICAGO,IL60611	PRESIDENT 0.00	0	0	0
WALTER DEWEY	VICE-PRESIDENT 0.00	0	0	0
7554 RED FOX TRAIL MADISON,WI53717	VICE-PRESIDENT 0.00	0	0	0
ELLEN BECHTHOLD	TREASURER 0.00	0	0	0
1040 N LAKE SHORE DRIVE APT 17C CHICAGO,IL60611	TREASURER 0.00	0	0	0
KURT BECHTHOLD	SECRETARY 0.00	0	0	0
9701 N COLUMBIA DRIVE MEQUON,WI53092	SECRETARY 0.00	0	0	0

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

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
NONE

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


2


3


4

Part IX-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Form 990-PF (2020)

Page 8

Part X

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

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

purposes:

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

6,113,366

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

190,382

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

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

6,303,748

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

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

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

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

6,303,748

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

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

94,556

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

6,209,192

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

310,460

Part XI

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow

and do not complete this part.)

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

310,460

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

42,339

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

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

42,339

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

268,121

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

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

268,121

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

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

268,121

Part XII

Qualifying Distributions (see instructions)

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

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

356,116

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

356,116

Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment

income. Enter 1% of Part I, line 27b. See instructions.................

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

356,116

Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.

Form 990-PF (2020)

Page 9

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2019	(c) 2019	(d) 2020
1 Distributable amount for 2020 from Part XI, line 7					268,121
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......
b From 2016......	81,495
c From 2017......	58,619
d From 2018......	82,729
e From 2019......	40,460
fTotal of lines 3a through e........		263,303
4Qualifying distributions for 2020 from Part
XII, line 4: $ 356,116
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.....					268,121
e Remaining amount distributed out of corpus		87,995
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		351,298
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) ...		0
9Excess distributions carryover to 2021. Subtract lines 7 and 8 from line 6a ......		351,298
10 Analysis of line 9:
a Excess from 2016....	81,495
b Excess from 2017....	58,619
c Excess from 2018....	82,729
d Excess from 2019....	40,460
e Excess from 2020....	87,995

Form 990-PF (2020)

Page 10

Part XIV

Private Operating Foundations (see instructions and Part VII-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2020	(b) 2019	(c) 2018	(d) 2017	(e) Total

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

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

aThe name, address, and telephone number or email address of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Form 990-PF (2020)

Page 11

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
ART INSTITUTE OF CHICAGO 111 S MICHIGAN CHICAGO,IL60603		OTHER PUBLIC CHARITY	GENERAL OPERATING SUPPORT	1,000
BETHLEHEM LUTHERAN CHURCH 701 NORWAY STREET FLORENCE,WI54121		OTHER PUBLIC CHARITY	CHARITABLE PURPOSES	2,500
CHICAGO SYMPHONY ORCHESTRA ASSOCIATION 220 S MICHIGAN AVENUE CHICAGO,IL60604		OTHER PUBLIC CHARITY	CHARITABLE PURPOSES	1,000
EMMANUEL LUTHERAN CHURCH 777 MOORING LINE DRIVE NAPLES,FL34102		OTHER PUBLIC CHARITY	CHARITABLE PURPOSES	3,153
FIRST PRESBYTERIAN CHURCH 316 NORWAY STREET FLORENCE,WI54121		OTHER PUBLIC CHARITY	CHARITABLE PURPOSES	6,500
GRACE PLACE FOR CHILDREN AND FAMILIES 4300 21ST AVENUE SW NAPLES,FL34116		OTHER PUBLIC CHARITY	CHARITABLE PURPOSES	3,197
GREATER CHICAGO FOOD DEPOSITORY 4100 W ANN LURIE PLACE CHICAGO,IL60632		OTHER PUBLIC CHARITY	GENERAL OPERATIONS	6,155
LUTHERAN SOCIAL SERVICES OF ILLINOIS 1001 E TOUHY AVENUE DES PLAINES,IL60018		OTHER PUBLIC CHARITY	CHARITABLE PURPOSES	154,562
MERCY HOME FOR BOYS AND GIRLS 1140 HOME W JACKSON BLVD CHICAGO,IL60607		OTHER PUBLIC CHARITY	CHARITABLE PURPOSES	3,169
NCH HEALTHCARE SYSTEM 350 7TH STREET NORTH NAPLES,FL34102		OTHER PUBLIC CHARITY	CHARITABLE PURPOSES	10,323
NORTHWESTERN MEMORIAL FOUNDATION 251 E HURON STREET CHICAGO,IL60611		OTHER PUBLIC CHARITY	RESEARCH AND EDUCATION	151,561
PINE MOUNTAIN MUSIC FESTIVAL 1400 TOWNSEND DRIVE HOUGHTON,MI49931		OTHER PUBLIC CHARITY	CHARITABLE PURPOSES	2,565
RESURRECTION LUTHERAN CHURCH 3309 N SEMINARY AVENUE CHICAGO,IL60657		OTHER PUBLIC CHARITY	CHARITABLE PURPOSES	10,121
LAKEVIEW PANTRY 3945 N SHERIDAN RD CHICAGO,IL60613		OTHER PUBLIC CHARITY	CHARITABLE PURPOSES	100
CHICAGO HISTORICAL SOCIETY 1601 N CLARK ST CHICAGO,IL60614		OTHER PUBLIC CHARITY	CHARITABLE PURPOSES	110
MISERICORDIA 6300 N RIDGE CHICAGO,IL60660		OTHER PUBLIC CHARITY	CHARITABLE PURPOSES	100
Total ................................. 3a				356,116

bApproved for future payment

Total ................................. 3b				0

Form 990-PF (2020)

Page 12

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities....			14	155,362
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income.....			14	142
8 Gain or (loss) from sales of assets other than inventory ............			14	566,336
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		721,840	0

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

721,840

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

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2020)

Page 13

Part XVII

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

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Yes

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........Yes No

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

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

Form 990-PF (2020)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

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

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

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

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

OMB No. 1545-0047

2020

Name of the organization

ELLIE'S FOUNDATION INC
C/O DENASHA A SCOTT

Employer identification number

20-0414455

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

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

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

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

501(c)(3) taxable private foundation

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

General Rule

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

Special Rules

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

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

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

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

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

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

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

Name of organization ELLIE'S FOUNDATION INC C/O DENASHA A SCOTT			Employer identification number 20-0414455

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	ELLEN BECHTHOLD 1040 N LAKE SHORE DRIVE APT 17C CHICAGO, IL60611	$ 418,472		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
2	ELLEN BECHTHOLD 1040 N LAKE SHORE DRIVE APT 17C CHICAGO, IL60611	$ 149,432		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
3	ELLEN BECHTHOLD 1040 N LAKE SHORE DRIVE APT 17C CHICAGO, IL60611	$ 441,560		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
4	ELLEN BECHTHOLD 1040 N LAKE SHORE DRIVE APT 17C CHICAGO, IL60611	$ 133,926		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
5	ELLEN BECHTHOLD 1040 N LAKE SHORE DRIVE APT 17C CHICAGO, IL60611	$ 442,509		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
6	ELLEN BECHTHOLD 1040 N LAKE SHORE DRIVE APT 17C CHICAGO, IL60611	$ 445,253		Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2020)

Name of organization ELLIE'S FOUNDATION INC C/O DENASHA A SCOTT			Employer identification number 20-0414455
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
7	ELLEN BECHTHOLD 1040 N LAKE SHORE DRIVE APT 17C CHICAGO, IL60611	$ 62,280		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
8	ELLEN BECHTHOLD 1040 N LAKE SHORE DRIVE APT 17C CHICAGO, IL60611	$ 591,250		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
9	ELLEN BECHTHOLD 1040 N LAKE SHORE DRIVE APT 17C CHICAGO, IL60611	$ 250,500		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
10	ELLEN BECHTHOLD 1040 N LAKE SHORE DRIVE APT 17C CHICAGO, IL60611	$ 70		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
		$		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
		$		Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2020)

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

Page 3

Name of organization ELLIE'S FOUNDATION INC C/O DENASHA A SCOTT		Employer identification number 20-0414455

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
1	1700 SHARES ACCENTURE PLC CLASS A STOCK	$ 418,472	2020-12-11
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
2	1798 SHARES ACTIVISION BLIZZARD INC COMMON STOCK	$ 149,432	2020-12-11
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
3	9963 SHARES CISCO SYSTEMS INC COMMON STOCK	$ 441,560	2020-12-11
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
4	600 SHARES DANAHER CORP COMMON STOCK	$ 133,926	2020-12-11
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
5	1988 SHARES DOCUSIGN INC COMMON STOCK	$ 442,509	2020-12-11
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
6	8859 SHARES INTEL CORP COMMON STOCK	$ 445,253	2020-12-11
Schedule B (Form 990, 990-EZ, or 990-PF) (2020)

Name of organization ELLIE'S FOUNDATION INC C/O DENASHA A SCOTT		Employer identification number 20-0414455
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
7	500 SHARES MFC SELECT SPECTOR SPDR TR TECHNOLOGY	$ 62,280	2020-12-11
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
8	2500 SHARES NORFOLK SOUTHN CORP COMMON STOCK	$ 591,250	2020-12-11
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
9	5000 SHARES SCHWAB CHARLES CORP COMMON STOCK	$ 250,500	2020-12-11
(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 ELLIE'S FOUNDATION INC C/O DENASHA A SCOTT			Employer identification number 20-0414455
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

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

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

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

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

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

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

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

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

Additional Data

Software ID:
Software Version:

- TIN:

TY 2020 AccountingFeesSchedule

Name:

ELLIE'S FOUNDATION INC

C/O DENASHA A SCOTT

EIN:

20-0414455

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING FEES	1,935	0		0

- TIN:

TY 2020 InvestmentsCorpBondsSchedule

Name:

ELLIE'S FOUNDATION INC

C/O DENASHA A SCOTT

EIN:

20-0414455

Name of Bond	End of Year Book Value	End of Year Fair Market Value
FIXED INCOME SECURITIES	2,153,237	2,245,150

- TIN:

TY 2020 InvestmentsCorpStockSchedule

Name:

ELLIE'S FOUNDATION INC

C/O DENASHA A SCOTT

EIN:

20-0414455

Name of Stock	End of Year Book Value	End of Year Fair Market Value
EQUITY SECURITIES	3,601,020	6,453,374
COMMODITIES	99,101	108,553
REAL ESTATE	662,279	715,669

- TIN:

TY 2020 LegalFeesSchedule

Name:

ELLIE'S FOUNDATION INC

C/O DENASHA A SCOTT

EIN:

20-0414455

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
LEGAL AND FILING FEES	70	0		0

- TIN:

TY 2020 OtherAssetsSchedule

Name:

ELLIE'S FOUNDATION INC

C/O DENASHA A SCOTT

EIN:

20-0414455

Description	Beginning of Year - Book Value	End of Year - Book Value
DEFERRED GAIN ON JP MORGAN STOCK	176,093	102,519
DEFERRED GAIN ON LOWES STOCK	245,145	82,357
DEFERRED GAIN ON MICROSOFT STOCK	236,904	120,758
DEFERRED GAIN ON PHILLIPS 66 STOCK	188,997	0
DEFERRED GAIN ON ACCENTURE PLC STOCK	179,920	274,049
DEFERRED GAIN ON APPLE STOCK	254,656	83,400
DEFERRED GAIN ON CHEVRON STOCK	311,084	280,397
DEFERRED GAIN ON CONOCOPHILLIPS STOCK	240,560	0
DEFERRED GAIN ON DOCUSIGN STOCK	236,847	60,154
DEFERRED GAIN ON JOHNSON & JOHNSON STOCK	119,746	119,746
DEFERRED GAIN ON MFC ISHARES TR NASDAQ BIOTECHNOLOGY ETF	228,517	60,785
DEFERRED REVENUE	809	73,241
DEFERRED GAIN ON ACTIVISION BLIZZARD STOCK	0	64,393
DEFERRED GAIN ON CISCO SYSTEMS STOCK	0	388,613
DEFERRED GAIN ON DANAHER STOCK	0	109,836
DEFERRED GAIN ON MFC SELECT SECTOR SPDR TR TECHNOLOGY STOCK	0	49,595
DEFERRED GAIN ON NORFOLK SOUTHN CORP STOCK	0	214,077
DEFERRED GAIN ON SCHWAB STOCK	0	100,788

- TIN:

TY 2020 OtherIncomeSchedule2

Name:

ELLIE'S FOUNDATION INC

C/O DENASHA A SCOTT

EIN:

20-0414455

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
OTHER INCOME	142	142	142

- TIN:

TY 2020 OtherIncreasesSchedule

Name:

ELLIE'S FOUNDATION INC

C/O DENASHA A SCOTT

EIN:

20-0414455

Description	Amount
UNREALIZED GAIN ON STOCK DONATED	100,937

- TIN:

TY 2020 OtherProfessionalFeesSchedule

Name:

ELLIE'S FOUNDATION INC

C/O DENASHA A SCOTT

EIN:

20-0414455

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
AGENCY AND MANAGEMENT FEES	23,244	23,244		0

- TIN:

TY 2020 TaxesSchedule

Name:

ELLIE'S FOUNDATION INC

C/O DENASHA A SCOTT

EIN:

20-0414455

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAXES PAID ON DIVIDENDS	3,133	3,133		0
FEDERAL EXCISE TAX	12,000	0		0