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 05-01-2020 , and ending 04-30-2021

Name of foundation
MARIE A CARNEY TUW FBO UNIVERSITY OF

Number and street (or P.O. box number if mail is not delivered to street address)6325 S RAINBOW BLVD STE 300
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
LAS VEGAS, NV89118

A Employer identification number

91-6249721

B Telephone number (see instructions)

(888) 730-4933

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

$1,519,723J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

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


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	16,348		16,348
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		30,248
b	Gross sales price for all assets on line 6a 140,962
7	Capital gain net income (from Part IV, line 2)...			30,248
8	Net short-term capital gain.........				0
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).......		256	256
12	Total. Add lines 1 through 11........	46,852		46,852
13	Compensation of officers, directors, trustees, etc.	19,957		17,961		1,996
14	Other employee salaries and wages......			0	0	0
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........					0
b	Accounting fees (attach schedule).......		924	0	0	924
c	Other professional fees (attach schedule)....					0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		1,501	283		0
19	Depreciation (attach schedule) and depletion...		0	0
20	Occupancy..............
21	Travel, conferences, and meetings.......			0	0
22	Printing and publications..........			0	0
23	Other expenses (attach schedule).......
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	22,382		18,244	0	2,920
25	Contributions, gifts, grants paid.......	57,314				57,314
26	Total expenses and disbursements. Add lines 24 and 25	79,696		18,244	0	60,234
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-32,844
b	Net investment income (if negative, enter -0-)			28,608
c	Adjusted net income (if negative, enter -0-)...				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.............	32	26	26
	2	Savings and temporary cash investments.........	31,643	2,498	2,498
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	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 0
	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).......		316,547	899,912
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	803,496	483,270	617,287
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	835,171	802,341	1,519,723
	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
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	835,171	802,341
	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).....	835,171	802,341
	30	Total liabilities and net assets/fund balances (see instructions).	835,171	802,341

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

835,171

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

-32,844

Other increases not included in line 2 (itemize) bullet

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

802,341

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 .

802,341

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	15. NVIDIA CORP		2019-05-22	2020-06-05
b	10. POOL CORPORATION			2020-06-05
c	40. ACTIVISION BLIZZARD INC		2018-11-26	2020-06-29
d	15. BOEING CO		2019-02-27	2020-06-29
e	75. COCA COLA CO			2020-06-29
	10. TRANSDIGM GROUP INC		2016-02-04	2020-06-29
	5. DEXCOM INC		2018-10-03	2020-07-14
	5. NETFLIX.COM INC		2017-08-24	2020-07-14
	25. TRACTOR SUPPLY CO COM		2009-05-20	2020-07-14
	75. JAZZ PHARMACEUTICALS PLC			2020-07-14
	277.921 COHEN & STEERS INSTL RLTY SHRS 1263			2020-09-09
	228. JP MORGAN ALERIAN MLP INDEX			2020-09-09
	185. ETRACS ALERIAN MLP IND SER B ETN		2015-11-10	2020-09-09
	85. SPDR GOLD SHARES ETF		2020-01-02	2020-09-15
	45. ISHARES CORE S & P 500 ETF		2017-06-13	2020-10-01
	300. SPDR DJ WILSHIRE INTERNATIONAL R ETF			2020-10-01
	15. SPDR S&P MIDCAP 400 ETF TRUST		2009-11-23	2020-10-01
	85. SPDR GOLD SHARES ETF		2020-01-02	2020-10-15
	25. APPLE INC		2007-11-09	2020-10-30
	35. CONCHO RESOURCES INC		2017-06-13	2020-10-30
	15. DANAHER CORP		2009-05-20	2020-10-30
	15. ECOLAB INC		2010-08-25	2020-10-30
	20. MICROSOFT CORP			2020-10-30
	10. THERMO FISHER SCIENTIFIC INC		2009-05-20	2020-10-30
	85. SPDR GOLD SHARES ETF		2020-01-02	2020-11-17
	85. SPDR GOLD SHARES ETF		2020-01-02	2020-12-04
	.4 CONOCOPHILLIPS		2017-06-13	2021-01-28
	35. ACTIVISION BLIZZARD INC		2018-11-26	2021-01-29
	15. HOME DEPOT INC		2013-01-11	2021-03-08
	10. PRA HEALTH SCIENCES INC		2021-01-29	2021-03-08
	85. SPDR GOLD SHARES ETF		2020-09-09	2021-03-29
	80. PRA HEALTH SCIENCES INC			2021-04-19
	15. TRACTOR SUPPLY CO COM		2009-05-20	2021-04-19
	10. TRIMBLE NAV LTD		2020-06-05	2021-04-19
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN DIVIDENDS	P
	CAPITAL GAIN 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	5,390	2,289	3,101
b	2,595	1,506	1,089
c	3,023	2,028	995
d	2,742	6,521	-3,779
e	3,326	3,443	-117
	4,297	2,269	2,028
	1,955	632	1,323
	2,541	838	1,703
	3,420	244	3,176
	7,920	7,135	785
	11,523	12,002	-479
	2,715	8,627	-5,912
	1,384	3,796	-2,412
	5	5
	15,224	11,071	4,153
	8,995	12,150	-3,155
	5,123	1,895	3,228
	5	5
	2,729	152	2,577
	1,423	4,343	-2,920
	3,396	346	3,050
	2,767	695	2,072
	4,010	978	3,032
	4,671	362	4,309
	5	6	-1
	5	5
	16	34	-18
	3,177	1,774	1,403
	3,913	953	2,960
	1,461	1,244	217
	13,644	15,548	-1,904
	12,930	7,222	5,708
	2,741	146	2,595
	808	450	358
			1,083
			1,083
			1,083
			1,083
			1,083
			1,083
			1,083
			1,083
			1,083
			1,083
			1,083
			1,083
			1,083
			1,083
			1,083
			1,083
			1,083
			1,083
			1,083
			1,083
			1,083
			1,083
			1,083
			1,083
			1,083
			1,083
			1,083
			1,083
			1,083
			1,083
			1,083
			1,083
			1,083
			1,083

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			3,101
b			1,089
c			995
d			-3,779
e			-117
			2,028
			1,323
			1,703
			3,176
			785
			-479
			-5,912
			-2,412

			4,153
			-3,155
			3,228

			2,577
			-2,920
			3,050
			2,072
			3,032
			4,309
			-1

			-18
			1,403
			2,960
			217
			-1,904
			5,708
			2,595
			358

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	30,248
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	398
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	398
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	398
6	Credits/Payments:

a	2020 estimated tax payments and 2019 overpayment credited to 2020	6a	1,092
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

7	Total credits and payments. Add lines 6a through 6d..............		7	1,092
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	694
11	Enter the amount of line 10 to be: Credited to 2021 estimated tax400	Refunded	11	294

Part VII-A

Statements Regarding Activities

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

Yes

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

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

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

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

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

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

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

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

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

on foundation managers. bullet

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

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

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

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

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

WELLS FARGO BANK NA Telephone no. bullet

(888) 730-4933

Located at bullet

100 N MAIN ST MAC D4001-117WINSTON SALEMNC ZIP+4 bullet

27101

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
WELLS FARGO BANK N A	TRUSTEE 1	19,957
100 N MAIN ST MAC D4001-117 WINSTON SALEM,NC27101	TRUSTEE 1	19,957

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

1,326,689

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

18,932

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

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

1,345,621

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

1,345,621

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

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

20,184

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

1,325,437

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

66,272

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

66,272

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

398

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

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

398

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

65,874

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

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

65,874

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

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

65,874

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 ..........

60,234

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

60,234

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

60,234

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					65,874
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......	7,601
b From 2016......	8,513
c From 2017......	6,221
d From 2018......	3,617
e From 2019......	3,170
fTotal of lines 3a through e........		29,122
4Qualifying distributions for 2020 from Part
XII, line 4: $ 60,234
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.....					60,234
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2020.		5,640			5,640
(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		23,482
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) ...		1,961
9Excess distributions carryover to 2021. Subtract lines 7 and 8 from line 6a ......		21,521
10 Analysis of line 9:
a Excess from 2016....	8,513
b Excess from 2017....	6,221
c Excess from 2018....	3,617
d Excess from 2019....	3,170
e Excess from 2020....

Form 990-PF (2020)

Page 10

Part XIV

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

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

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

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

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).)

NONE

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.

NONE

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
UNIVERSITY OF WASHINGTON ATTN ANN SARNA UW TOWER BOX 359441 SEATTLE,WA98195	NONE	PC	GENERAL OPERATING	57,314
Total ................................. 3a				57,314

bApproved for future payment

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

Form 990-PF (2020)

Page 12

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
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	16,348
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	30,248
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aOTHER INCOME			1	256
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..				46,852

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

46,852

(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:

TY 2020 AccountingFeesSchedule

Name:

MARIE A CARNEY TUW FBO UNIVERSITY OF

EIN:

91-6249721

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC	924			924

- TIN:

TY 2020 InvestmentsCorpStockSchedule

Name:

MARIE A CARNEY TUW FBO UNIVERSITY OF

EIN:

91-6249721

Name of Stock	End of Year Book Value	End of Year Fair Market Value
278865100 ECOLAB INC	2,317	11,206
73278L105 POOL CORPORATION	7,516	19,013
78409V104 S&P GLOBAL INC	6,597	17,568
339041105 FLEETCOR TECHNOLOGIE	6,088	7,193
437076102 HOME DEPOT INC	1,906	9,710
30303M102 FACEBOOK INC	11,531	44,536
023135106 AMAZON COM INC COM	11,559	69,348
983793100 XPO LOGISTICS INC	6,150	14,608
90384S303 ULTA BEAUTY INC	6,525	8,234
883556102 THERMO FISHER SCIENT	362	4,702
67066G104 NVIDIA CORP	6,793	27,017
896239100 TRIMBLE INC	6,306	11,480
892356106 TRACTOR SUPPLY CO CO	731	14,145
92532F100 VERTEX PHARMACEUTICA	4,685	6,546
037833100 APPLE INC	2,735	72,960
92826C839 VISA INC-CLASS A SHR	2,424	26,859
235851102 DANAHER CORP	1,731	19,046
20825C104 CONOCOPHILLIPS	2,647	2,966
31620M106 FIDELITY NATL INFORM	5,156	13,914
001084102 AGCO CORP COM	9,833	9,485
697435105 PALO ALTO NETWORKS I	6,739	15,903
13645T100 CANADIAN PAC RY LTD	5,912	7,463
550021109 LULULEMON ATHLETICA	5,729	10,058
101137107 BOSTON SCIENTIFIC CO	6,305	13,952
252131107 DEXCOM INC	6,296	15,444
893641100 TRANSDIGM GROUP INC	3,404	9,206
45866F104 INTERCONTINENTAL EXC	4,430	15,891
00507V109 ACTIVISION BLIZZARD	4,279	8,207
81762P102 SERVICENOW INC	6,587	10,127
617446448 MORGAN STANLEY	10,428	16,510
532457108 ELI LILLY & CO COM	11,625	13,708
87918A105 TELADOC HEALTH INC	8,966	7,756
02079K107 ALPHABET INC CL C	13,194	72,304
040413106 ARISTA NETWORKS INC	9,604	12,607
G66721104 NORWEGIAN CRUISE LIN	12,288	9,626
16679L109 CHEWY INC	6,077	5,979
21036P108 CONSTELLATION BRANDS	3,117	4,806
79466L302 SALESFORCE COM INC	7,494	21,880
09857L108 BOOKING HOLDINGS INC	6,099	12,330
518439104 ESTEE LAUDER COMPANI	4,365	14,121
11135F101 BROADCOM INC	11,263	22,810
169656105 CHIPOTLE MEXICAN GRI	6,789	14,920
34964C106 FORTUNE BRANDS HOME	5,344	15,747
594918104 MICROSOFT CORP	12,159	71,871
98936J101 ZENDESK INC	6,446	10,961
016255101 ALIGN TECHNOLOGY INC	7,863	14,888
64110L106 NETFLIX INC	4,190	12,837
15135B101 CENTENE CORP DEL	9,213	12,965
G1151C101 ACCENTURE PLC	6,750	14,499

- TIN:

TY 2020 InvestmentsOtherSchedule2

Name:

MARIE A CARNEY TUW FBO UNIVERSITY OF

EIN:

91-6249721

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
74925K581 BOSTON P LNG/SHRT RE	AT COST	24,050	29,158
46432F842 ISHARES CORE MSCI EA	AT COST	38,284	45,701
518439104 ESTEE LAUDER COMPANI
040413106 ARISTA NETWORKS INC
69354M108 PRA HEALTH SCIENCES
19247U106 COHEN & STEERS INSTL
596278101 MIDDLEBY CORP
77958B402 T ROWE PRICE INST FL	AT COST	8,640	8,179
34964C106 FORTUNE BRANDS HOME
46434G103 ISHARES CORE MSCI EM	AT COST	30,612	46,615
00507V109 ACTIVISION BLIZZARD
892356106 TRACTOR SUPPLY CO CO
92532F100 VERTEX PHARMACEUTICA
191216100 COCA COLA CO
81369Y605 FINANCIAL SELECT SEC	AT COST	4,449	10,334
981558109 WORLDPAY INC
11135F101 BROADCOM INC
72201P522 PIMCO EM MKTS CORP B	AT COST	9,735	8,715
4812C0803 JPMORGAN HIGH YIELD
893641100 TRANSDIGM GROUP INC
30303M102 FACEBOOK INC
90267B682 ETRACS ALERIAN MLP E
278865100 ECOLAB INC
437076102 HOME DEPOT INC
594918104 MICROSOFT CORP
46625H365 JP MORGAN ALERIAN ML
46434V803 ISHA CURR HEDGED MSC	AT COST	13,587	16,690
G50871105 JAZZ PHARMACEUTICALS
73278L105 POOL CORPORATION
90384S303 ULTA SALON COSMETICS
097023105 BOEING COMPANY
101137107 BOSTON SCIENTIFIC CO
883556102 THERMO FISHER SCIENT
09857L108 BOOKING HOLDINGS INC
87234N765 TCW EMRG MKTS INCM-I
252131107 DEXCOM INC
983793100 XPO LOGISTICS INC
697435105 PALO ALTO NETWORKS I
00888Y508 INV BALANCE RISK COM
G66721104 NORWEGIAN CRUISE LIN
92826C839 VISA INC-CLASS A SHR
64128R608 NEUBERGER BERMAN LON	AT COST	5,500	6,306
617446448 MORGAN STANLEY
015351109 ALEXION PHARMACEUTIC
016255101 ALIGN TECHNOLOGY INC
464287200 ISHARES CORE S & P 5	AT COST	30,754	52,360
15135B101 CENTENE CORP DEL
G0177J108 ALLERGAN PLC
61174X109 MONSTER BEVERAGE COR
464286665 ISHARES MSCI PACIFIC	AT COST	14,114	22,637
64110L106 NETFLIX.COM INC
02079K107 ALPHABET INC/CA
90385D107 ULTIMATE SOFTWARE GR
78409V104 S&P GLOBAL INC
922908553 VANGUARD REAL ESTATE	AT COST	23,778	29,724
921937819 VANGUARD INTERMEDIAT	AT COST	58,155	59,252
20605P101 CONCHO RESOURCES INC
037833100 APPLE COMPUTER INC C
589509207 MERGER FUND-INST #30	AT COST	8,002	8,873
21036P108 CONSTELLATION BRANDS
464287655 ISHARES RUSSELL 2000	AT COST	5,030	22,489
31641Q755 FIDELITY NEW MRKTS I	AT COST	9,080	8,650
67066G104 NVIDIA CORP
09260C703 BLACKROCK GL L/S CRE	AT COST	10,600	10,366
78467Y107 SPDR S&P MIDCAP 400	AT COST	13,263	52,141
34959J108 FORTIVE CORP
921937827 VANGUARD SHORT TERM	AT COST	125,331	127,581
78463X863 SPDR DJ WILSHIRE INT
45866F104 INTERCONTINENTALEXCH
023135106 AMAZON COM INC
235851102 DANAHER CORP
277923728 EATON VANCE GLOBAL M
G1151C101 ACCENTURE PLC
262028855 DRIEHAUS ACTIVE INCO
79466L302 SALESFORCE COM INC
BIT990000 BLACKSTONE REAL ESTA	AT COST	15,000	15,601
81762P102 SERVICENOW INC
31620M106 FIDELITY NATL INFORM
74256W626 PRINCIPAL HIGH YIELD	AT COST	8,156	8,363
00888Y847 INVESCO BAL RSK COMM	AT COST	16,801	18,167
550021109 LULULEMON ATHLETICA
169656105 CHIPOTLE MEXICAN GRI
90274D374 ETRACS ALERIAN MLP I
872365713 TCW EMRG MRKTS INC-P	AT COST	1,000	1,038
27831R108 EV GLBL MACR ABS RTR	AT COST	9,349	8,347

- TIN:

TY 2020 OtherIncomeSchedule2

Name:

MARIE A CARNEY TUW FBO UNIVERSITY OF

EIN:

91-6249721

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
OTHER INCOME	256	256

- TIN:

TY 2020 OtherIncreasesSchedule

Name:

MARIE A CARNEY TUW FBO UNIVERSITY OF

EIN:

91-6249721

Description	Amount
MUTUAL FUND TIMING ADJUSTMENT	12
ROUNDING	2

- TIN:

TY 2020 TaxesSchedule

Name:

MARIE A CARNEY TUW FBO UNIVERSITY OF

EIN:

91-6249721

Category	Amount	Net Investment Income
FOREIGN TAXES	215	215
FEDERAL TAX PAYMENT - PRIOR YE	126	0
FEDERAL ESTIMATES - PRINCIPAL	1,092	0
FOREIGN TAXES ON NONQUALIFIED	68	68