Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
The Bob & Renee Parsons Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)15475 N 84th Street
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Scottsdale, AZ85260
A Employer identification number

45-2713666
B Telephone number (see instructions)

(480) 387-5691
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$28,086,912J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 26,490,222
2 Check bullet.............
3 Interest on savings and temporary cash investments 16,381 16,381  
4 Dividends and interest from securities...      
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)...  
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 26,506,603 16,381  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 23,649     23,649
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)...        
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 57,553     57,553
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 35,221     35,221
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 116,423 0   116,423
25 Contributions, gifts, grants paid....... 26,478,360 20,650,024
26 Total expenses and disbursements. Add lines 24 and 25 26,594,783 0   20,766,447
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -88,180
b Net investment income (if negative, enter -0-) 16,381
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 7,314,581 757,031 757,031
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet27,329,881
Less: allowance for doubtful accounts bullet   15,019,659 27,329,881 27,329,881
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment11,271    
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 22,345,511 28,086,912 28,086,912
Liabilities 17 Accounts payable and accrued expenses.......... 118 1,363
18 Grants payable................. 22,251,545 28,079,881
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 22,251,663 28,081,244
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 93,848  
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 93,848 5,668
30 Total liabilities and net assets/fund balances (see instructions). 22,345,511 28,086,912
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
93,848
2
Enter amount from Part I, line 27a .....................
2
-88,180
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
5,668
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
5,668
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1a
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2  
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 228
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 228
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 228
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a  
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 400
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 400
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 172
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet172 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletAZ
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletwww.tbrpf.org
    14
    The books are in care ofbulletJenny Handke Telephone no.bullet (480) 387-5691

    Located atbullet15475 N 84th StreetScottsdaleAZ ZIP+4bullet85260
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    ROBERT PARSONS President
    5.00     		0    
    15475 N 84th Street
    SCOTTSDALE,AZ85260
    RENEE LABELLE PARSONS Vice President
    5.00     		0    
    15475 N 84th Street
    SCOTTSDALE,AZ85260
    Anne O'Moore Treasurer
    2.00     		0    
    15475 N 84th Street
    SCOTTSDALE,AZ85260
    LAURA MITCHELL Exec Director
    40.00     		0    
    15475 N 84th Street
    SCOTTSDALE,AZ85260
    Marianna Curran-Guenther Director
    0.00     		0    
    15475 N 84th Street
    Scottsdale,AZ85260
    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...................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    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)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    0
    b
    Average of monthly cash balances.......................
    1b
    2,021,008
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,021,008
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    2,021,008
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    30,315
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,990,693
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    99,535
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    99,535
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    228
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    228
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    99,307
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    99,307
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    99,307
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    20,766,447
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    20,766,447
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    20,766,447
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 99,307
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 26,345,624
    b From 2016...... 21,380,163
    c From 2017...... 20,460,505
    d From 2018...... 21,597,041
    e From 2019...... 22,124,689
    fTotal of lines 3a through e........ 111,908,022
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 20,766,447
    a Applied to 2019, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 99,307
    e Remaining amount distributed out of corpus 20,667,140
    5 Excess distributions carryover applied to 2020.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 132,575,162
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		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) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		26,345,624
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		106,229,538
    10 Analysis of line 9:
    a Excess from 2016.... 21,380,163
    b Excess from 2017.... 20,460,505
    c Excess from 2018.... 21,597,041
    d Excess from 2019.... 22,124,689
    e Excess from 2020.... 20,667,140
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    ROBERT PARSONS
    RENEE LABELLE PARSONS
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    Laura Mitchell
    15475 N 84th Street
    Scottsdale,AZ85260
    (480) 696-4820
    info@tbrpf.org
    bThe form in which applications should be submitted and information and materials they should include:
    Grant requests may be submitted through the foundations website. See www.tbrpf.org/grants/eligibility
    cAny submission deadlines:
    No deadline
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Awards are generally focused on issues in the greater Phoenix Area
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    Arizona Grantmakers Forum
    2201 E Camelback Road Suite 405 B
    Phoenix,AZ85016     		None PC Leadership Circle Sponsorship to support the continuing education for grantmaking activities. 17,440
    ASU Foundation
    PO BOX 2260
    Tempe,AZ85280     		None PC Parsons Scholars 244,645
    Hope for Haiti
    1021 5th Ave North
    Naples,FL34102     		None PC To provide quality health care and strengthen healthcare partnerships in Southern Haiti. 750,000
    Make-A-Wish Foundation of Arizona
    2901 N 78th Street
    Scottsdale,AZ85251     		None PC To enrich the lives of children with life-threatening medical conditions through wish-granting work. 500,000
    Semper Fi Fund
    825 College Blvd Ste 102 PMB 609
    Oceanside,CA92057     		None PC To provide immediate financial support for injured and critically ill members of the U.S. Armed Forces and their families. 10,000,000
    UMOM New Day Centers
    3333 East Van Buren Street
    Phoenix,AZ85008     		None PC To provide rapid re-housing, innovative strategies, and housing solutions for homeless families. 586,420
    University of Baltimore
    1130 North Charles Street
    Baltimore,MD21201     		None PC The Bob Parsons Scholarship Fund 137,133
    100 Club of Arizona
    333 North 44th St Suite 100
    Phoenix,AZ85008     		None PC To provide immediate financial assistance to families of public safety officers and firefighters who are seriously injured or killed in the line of duty, and to provide resources to enhance their safety and welfare. 900,000
    Barrow Neurological Foundation
    350 W Thomas Road
    Phoenix,AZ85013     		None PC To fund programs and services that improve research, education and patient care within the Muhammad Ali Parkinson's center. 700,000
    Boys Girls Club of Metro Phoenix
    4309 E Belleview St Bldg 14
    Phoenix,AZ85008     		None PC To support after school programs for the youth. 100,000
    JDRF
    4343 East Camelback Rd 230
    Phoenix,AZ85018     		None PC Accelerating life-changing breakthroughs to cure, prevent and treat type 1 diabetes through the T1D Fund. 125,000
    Phoenix Children's Hospital Foundat
    1919 E Thomas Rd
    Phoenix,AZ85016     		None PC To provide hope, healing, and the best health care for children and homeless youth. 177,000
    Elevate Phoenix
    3750 W Indian School Rd
    Phoenix,AZ85019     		None PC To provide scholarships to Arizona Dreamers. 35,465
    Boys Girls Club of Greater Scottsda
    10533 E Lakeview Dr
    Scottsdale,AZ85258     		None PC To support after school programs for the youth. 85,000
    Year Up
    1245 e Buckeye Rd B423
    Phoenix,AZ85034     		None PC Provide young men and women with the technical and professional skills to transition from poverty to professional careers and higher education in a single year 250,000
    One-N-Ten
    2700 N 3rd St STE 2011
    Phoenix,AZ85004     		None PC To provide unique opportunities for LGBTQ youth connection and socialization. 150,000
    Opportunity Network
    85 Broad Street 6th Floor
    New York,NY10004     		None PC Supporting youth in under represented communities to achieve their college and career goals. 10,000
    Brighter Way Institute
    3140 W Buckeye Rd
    Phoenix,AZ85009     		None PC To support first class, integrative dental care to the most vulnerable populations. 300,000
    International School of Arizona
    9522 East San Salvador Drive
    Scottsdale,AZ85258     		None PC Support for technology improvements 25,000
    REDF
    2 Embarcadero Center Suite 650
    San Francisco,CA94111     		None PC To create jobs and employment opportunities for people facing the greatest barriers to work. 50,000
    Project Sanctuary
    PO Box 1563
    Granby,CO80446     		None PC At-risk military family support. 510,000
    GLSEN - Phoenix Chapter
    PO Box 2386
    Phoenix,AZ85002     		None PC Expanding the impact and reach of evidence-based solutions to the problem of LGBTQ discrimination in K-12 schools in Maricopa County. 50,000
    Jobs for Arizona's Graduates Inc
    3320 W Cheryl Dr Ste B220
    Phoenix,AZ85051     		None PC To help young people stay in school and acquire the academic, personal, leadership and vocational skills they will need to be successful upon graduation. 100,000
    Arizona Community Foundation
    2201 East Camelback Road Suite 405
    Phoenix,AZ85106     		None PC To support the Early Childhood Funders Collaborative. 15,000
    Arizona Friends of Foster Children
    360 East Coronado Road Suite 190
    Phoenix,AZ85004     		None PC To promote the self-esteem and enrich the lives of children in foster care in Arizona by funding activities, education and other needs that provide them with quality experiences while they live through very difficult circumstances. 75,000
    Association for Supportive Child Ca
    8222 Sout 48th Street Suite 120
    Phoenix,AZ85044     		None PC To champion children everywhere by providing resources and support to anyone who impacts them, helping every kid achieve the brightest outlook possible. 496,000
    Hope for Haiti
    1021 5th Ave North
    Naples,FL34102     		None PC Increasing access to quality healthcare in Southern Haiti through mobile clinics. 450,000
    Junior Achievement Of Arizona
    636 W Southern Ave
    Tempe,AZ85282     		None PC To inspire and prepare young people to succeed in a global economy. 150,000
    Justice Project Inc
    111 E Taylor St Suite 365
    Phoenix,AZ85004     		None PC To seek justice for the innocent and the wrongfully imprisoned the marginalized and forgotten of Arizonas criminal justice system. 125,000
    Team Rubicon
    6171 W Century Blvd Suite 310
    Los Angeles,CA90045     		None PC Hurricane Laura Relief Support 2,005,921
    Armed Services YMCA Camp Pendleton
    Bldg 16144 A Street
    Camp Pendleton,CA92055     		None PC Support for the Fisher Children's Center 25,000
    Grand Canyon University GCU
    3300 West Camelback Road
    Phoenix,AZ85017     		None PC Students Inspiring Students Scholarship Grant 100,000
    Greater Baltimore Medical Center
    6701 North Charles Street
    Baltimore,MD21204     		None PC Construction of the Allan Parsons Infusion Center 250,000
    The Ideal School of Manhattan
    341 West 91st Street
    New York,NY10024     		None PC Support for the Academic Development of Youth with Autism 10,000
    MAPS
    1115 Mission Street
    Santa Cruz,CA95060     		None PC Support for the Advancement of Psychedelic Therapies for the Treatment of PTSD 1,000,000
    Naval Postgraduate School Foundatio
    PO Box 8626
    Monterey,CA93943     		None PC To Provide Support for Multiple Charitable Organizations Featured During The America's Heroes Charity Golf Event 10,000
    NYC Marine Corps Birthday Gala Inc
    PO Box 728
    Quogue,NY11959     		None PC Support for the Annual Marine Corp Ball 100,000
    Valleywise Health Foundation
    2901 E Camelback Rd Suite 202
    Phoenix,AZ85016     		None PC Funding the Arizona Burn Center 10,000
    Women Moving Millions
    19 Fulton Street 301
    New York,NY10038     		None PC Funding to Advance Gender Equality 25,000
    Total .................................bullet 3a 20,650,024
    bApproved for future payment
    Boys Girls Club of the Valley
    4309 East Belleview Street
    Phoenix,AZ85008     		None PC Support for After School Programs for Youth 500,000
    ASU Foundation
    300 E University Drive
    Tempe,AZ85281     		None PC Expansion of the ASU Math & Science Academy 2,000,000
    Semper Fi Fund
    825 College Blvd Ste 102 PMB 609
    Oceanside,CA92057     		None PC To provide immediate financial support for injured and critically ill members of the U.S. Armed Forces and their families. 10,470,000
    Native American Connections
    4520 N Central Ave Ste 600
    Phoenix,AZ85259     		None PC Support of Year 1 Operating Costs at Dulap Pointe Affordable Housing Development 200,000
    Free Arts for Abused Children of AZ
    352 E Camelback Rd 101
    Phoenix,AZ85012     		None PC To support children who have experienced abuse, neglect, poverty and homelessness, to access art therapy from caring adult volunteers. 500,000
    Boys Girls Club of Metro Phoenix
    4309 E Belleview St Bldg 14
    Phoenix,AZ85008     		None PC Renee Parsons Girls Leadership Scholarship 20,000
    National Center for Youth Law
    405 14th St 15th FL
    Oakland,CA94612     		None PC Expansion of the Foster Ed program in Arizona. 500,000
    New Pathways for Youth
    1001 East Pierce St
    Phoenix,AZ85006     		None PC Support for the NPFY Intervention Services 150,000
    100 Club of Arizona
    333 North 44th St Suite 100
    Phoenix,AZ85008     		None PC To provide immediate financial assistance to families of public safety officers and firefighters who are seriously injured or killed in the line of duty, and to provide resources to enhance their safety and welfare. 600,000
    Boys Girls Clubs of Metro Phoenix
    4309 E Belleview St Bldg 14
    Phoenix,AZ85008     		None PC Renee Parsons Girls Excellence Scholarship 10,000
    Aliento Education Fund
    2264 S Deerfield Lane
    Gilbert,AZ85295     		None PC Support for the well-being of immigrant communities impacted by trauma 25,000
    Chrysalis Shelter for Victims of Do
    2055 West Northern Ave
    Phoenix,AZ85021     		None PC Support for the Victims and Prevention of Domestic Violence 250,000
    Girl Scouts AZ Cactus-Pine
    119 East Coronado Rd
    Phoenix,AZ85004     		None PC Support of Girls Leadership Development in Arizona 665,000
    Grand Canyon University GCU
    3300 West Camelback Road
    Phoenix,AZ85017     		None PC Students Inspiring Students Scholarship Grant 400,000
    Grand Canyon University GCU
    3300 West Camelback Road
    Phoenix,AZ85017     		None PC The Parsons' Dreamers Scholarship Fund 2,000,000
    Greater Baltimore Medical Center
    6701 North Charles Street
    Baltimore,MD21204     		None PC Construction of the Allan Parsons Infusion Center 750,000
    Homeless Youth Connection
    9950 West Van Buren St Suite 114
    Avondale,AZ85323     		None PC Support for the Empowering Youth for the Future (EYFTF) Program for Homeless Youth 250,000
    Live Learn
    326 East Coronado Rd Suite 201
    Phoenix,AZ85004     		None PC Support for the Economic Empowerment of Women 25,000
    Maggie's Place Inc
    4001 North 30th Street
    Phoenix,AZ85016     		None PC Expanding Capacity to Serve More Homeless Women and Children 439,000
    MAPS
    1115 Mission Street
    Santa Cruz,CA95060     		None PC Support for the Advancement of Psychedelic Therapies for the Treatment of PTSD 1,000,000
    Read Better Be Better
    715 E Montecito Ave
    Phoenix,AZ85014     		None PC To Engage Youth Leaders to Help Solve the 3rd Grade Literacy Crisis 25,000
    ResilientMe Inc
    2875 W Ray Rd
    Chandler,AZ85224     		None PC Funding to Prepare Youth for the Successful Transition out of Foster Care 25,000
    Team Rubicon
    6171 West Century Blvd 310
    Los Angeles,CA90045     		None PC Support for Deployment of Military Veterans Alongside First Responders on Emergency Response Teams 530,000
    University of Baltimore Foundation
    1130 N Charles St
    Baltimore,MD21201     		None PC The Bob Parsons Scholarship Fund 862,867
    Total .................................bullet 3b 22,196,867
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 16,381  
    4 Dividends and interest from securities....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		         
    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)..   16,381  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    16,381
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID: 20011551
    Software Version: 2020v4.0


    Form 990PF - Special Condition Description:
    Special Condition Description

    Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    Arizona Grantmakers Forum2201 E Camelback Road Suite 405 B
    Phoenix,AZ85016     		None PC Leadership Circle Sponsorship to support the continuing education for grantmaking activities. 17,440
    ASU FoundationPO BOX 2260
    Tempe,AZ85280     		None PC Parsons Scholars 244,645
    Hope for Haiti1021 5th Ave North
    Naples,FL34102     		None PC To provide quality health care and strengthen healthcare partnerships in Southern Haiti. 750,000
    Make-A-Wish Foundation of Arizona2901 N 78th Street
    Scottsdale,AZ85251     		None PC To enrich the lives of children with life-threatening medical conditions through wish-granting work. 500,000
    Semper Fi Fund825 College Blvd Ste 102 PMB 609
    Oceanside,CA92057     		None PC To provide immediate financial support for injured and critically ill members of the U.S. Armed Forces and their families. 10,000,000
    UMOM New Day Centers3333 East Van Buren Street
    Phoenix,AZ85008     		None PC To provide rapid re-housing, innovative strategies, and housing solutions for homeless families. 586,420
    University of Baltimore1130 North Charles Street
    Baltimore,MD21201     		None PC The Bob Parsons Scholarship Fund 137,133
    100 Club of Arizona333 North 44th St Suite 100
    Phoenix,AZ85008     		None PC To provide immediate financial assistance to families of public safety officers and firefighters who are seriously injured or killed in the line of duty, and to provide resources to enhance their safety and welfare. 900,000
    Barrow Neurological Foundation350 W Thomas Road
    Phoenix,AZ85013     		None PC To fund programs and services that improve research, education and patient care within the Muhammad Ali Parkinson's center. 700,000
    Boys Girls Club of Metro Phoenix4309 E Belleview St Bldg 14
    Phoenix,AZ85008     		None PC To support after school programs for the youth. 100,000
    JDRF4343 East Camelback Rd 230
    Phoenix,AZ85018     		None PC Accelerating life-changing breakthroughs to cure, prevent and treat type 1 diabetes through the T1D Fund. 125,000
    Phoenix Children's Hospital Foundat1919 E Thomas Rd
    Phoenix,AZ85016     		None PC To provide hope, healing, and the best health care for children and homeless youth. 177,000
    Elevate Phoenix3750 W Indian School Rd
    Phoenix,AZ85019     		None PC To provide scholarships to Arizona Dreamers. 35,465
    Boys Girls Club of Greater Scottsda10533 E Lakeview Dr
    Scottsdale,AZ85258     		None PC To support after school programs for the youth. 85,000
    Year Up1245 e Buckeye Rd B423
    Phoenix,AZ85034     		None PC Provide young men and women with the technical and professional skills to transition from poverty to professional careers and higher education in a single year 250,000
    One-N-Ten2700 N 3rd St STE 2011
    Phoenix,AZ85004     		None PC To provide unique opportunities for LGBTQ youth connection and socialization. 150,000
    Opportunity Network85 Broad Street 6th Floor
    New York,NY10004     		None PC Supporting youth in under represented communities to achieve their college and career goals. 10,000
    Brighter Way Institute3140 W Buckeye Rd
    Phoenix,AZ85009     		None PC To support first class, integrative dental care to the most vulnerable populations. 300,000
    International School of Arizona9522 East San Salvador Drive
    Scottsdale,AZ85258     		None PC Support for technology improvements 25,000
    REDF2 Embarcadero Center Suite 650
    San Francisco,CA94111     		None PC To create jobs and employment opportunities for people facing the greatest barriers to work. 50,000
    Project SanctuaryPO Box 1563
    Granby,CO80446     		None PC At-risk military family support. 510,000
    GLSEN - Phoenix ChapterPO Box 2386
    Phoenix,AZ85002     		None PC Expanding the impact and reach of evidence-based solutions to the problem of LGBTQ discrimination in K-12 schools in Maricopa County. 50,000
    Jobs for Arizona's Graduates Inc3320 W Cheryl Dr Ste B220
    Phoenix,AZ85051     		None PC To help young people stay in school and acquire the academic, personal, leadership and vocational skills they will need to be successful upon graduation. 100,000
    Arizona Community Foundation2201 East Camelback Road Suite 405
    Phoenix,AZ85106     		None PC To support the Early Childhood Funders Collaborative. 15,000
    Arizona Friends of Foster Children360 East Coronado Road Suite 190
    Phoenix,AZ85004     		None PC To promote the self-esteem and enrich the lives of children in foster care in Arizona by funding activities, education and other needs that provide them with quality experiences while they live through very difficult circumstances. 75,000
    Association for Supportive Child Ca8222 Sout 48th Street Suite 120
    Phoenix,AZ85044     		None PC To champion children everywhere by providing resources and support to anyone who impacts them, helping every kid achieve the brightest outlook possible. 496,000
    Hope for Haiti1021 5th Ave North
    Naples,FL34102     		None PC Increasing access to quality healthcare in Southern Haiti through mobile clinics. 450,000
    Junior Achievement Of Arizona636 W Southern Ave
    Tempe,AZ85282     		None PC To inspire and prepare young people to succeed in a global economy. 150,000
    Justice Project Inc111 E Taylor St Suite 365
    Phoenix,AZ85004     		None PC To seek justice for the innocent and the wrongfully imprisoned the marginalized and forgotten of Arizonas criminal justice system. 125,000
    Team Rubicon6171 W Century Blvd Suite 310
    Los Angeles,CA90045     		None PC Hurricane Laura Relief Support 2,005,921
    Armed Services YMCA Camp PendletonBldg 16144 A Street
    Camp Pendleton,CA92055     		None PC Support for the Fisher Children's Center 25,000
    Grand Canyon University GCU3300 West Camelback Road
    Phoenix,AZ85017     		None PC Students Inspiring Students Scholarship Grant 100,000
    Greater Baltimore Medical Center6701 North Charles Street
    Baltimore,MD21204     		None PC Construction of the Allan Parsons Infusion Center 250,000
    The Ideal School of Manhattan341 West 91st Street
    New York,NY10024     		None PC Support for the Academic Development of Youth with Autism 10,000
    MAPS1115 Mission Street
    Santa Cruz,CA95060     		None PC Support for the Advancement of Psychedelic Therapies for the Treatment of PTSD 1,000,000
    Naval Postgraduate School FoundatioPO Box 8626
    Monterey,CA93943     		None PC To Provide Support for Multiple Charitable Organizations Featured During The America's Heroes Charity Golf Event 10,000
    NYC Marine Corps Birthday Gala IncPO Box 728
    Quogue,NY11959     		None PC Support for the Annual Marine Corp Ball 100,000
    Valleywise Health Foundation2901 E Camelback Rd Suite 202
    Phoenix,AZ85016     		None PC Funding the Arizona Burn Center 10,000
    Women Moving Millions19 Fulton Street 301
    New York,NY10038     		None PC Funding to Advance Gender Equality 25,000
    Total ...............................bullet 3a 20,650,024
    bApproved for future payment
    Boys Girls Club of the Valley4309 East Belleview Street
    Phoenix,AZ85008     		None PC Support for After School Programs for Youth 500,000
    ASU Foundation300 E University Drive
    Tempe,AZ85281     		None PC Expansion of the ASU Math & Science Academy 2,000,000
    Semper Fi Fund825 College Blvd Ste 102 PMB 609
    Oceanside,CA92057     		None PC To provide immediate financial support for injured and critically ill members of the U.S. Armed Forces and their families. 10,470,000
    Native American Connections4520 N Central Ave Ste 600
    Phoenix,AZ85259     		None PC Support of Year 1 Operating Costs at Dulap Pointe Affordable Housing Development 200,000
    Free Arts for Abused Children of AZ352 E Camelback Rd 101
    Phoenix,AZ85012     		None PC To support children who have experienced abuse, neglect, poverty and homelessness, to access art therapy from caring adult volunteers. 500,000
    Boys Girls Club of Metro Phoenix4309 E Belleview St Bldg 14
    Phoenix,AZ85008     		None PC Renee Parsons Girls Leadership Scholarship 20,000
    National Center for Youth Law405 14th St 15th FL
    Oakland,CA94612     		None PC Expansion of the Foster Ed program in Arizona. 500,000
    New Pathways for Youth1001 East Pierce St
    Phoenix,AZ85006     		None PC Support for the NPFY Intervention Services 150,000
    100 Club of Arizona333 North 44th St Suite 100
    Phoenix,AZ85008     		None PC To provide immediate financial assistance to families of public safety officers and firefighters who are seriously injured or killed in the line of duty, and to provide resources to enhance their safety and welfare. 600,000
    Boys Girls Clubs of Metro Phoenix4309 E Belleview St Bldg 14
    Phoenix,AZ85008     		None PC Renee Parsons Girls Excellence Scholarship 10,000
    Aliento Education Fund2264 S Deerfield Lane
    Gilbert,AZ85295     		None PC Support for the well-being of immigrant communities impacted by trauma 25,000
    Chrysalis Shelter for Victims of Do2055 West Northern Ave
    Phoenix,AZ85021     		None PC Support for the Victims and Prevention of Domestic Violence 250,000
    Girl Scouts AZ Cactus-Pine119 East Coronado Rd
    Phoenix,AZ85004     		None PC Support of Girls Leadership Development in Arizona 665,000
    Grand Canyon University GCU3300 West Camelback Road
    Phoenix,AZ85017     		None PC Students Inspiring Students Scholarship Grant 400,000
    Grand Canyon University GCU3300 West Camelback Road
    Phoenix,AZ85017     		None PC The Parsons' Dreamers Scholarship Fund 2,000,000
    Greater Baltimore Medical Center6701 North Charles Street
    Baltimore,MD21204     		None PC Construction of the Allan Parsons Infusion Center 750,000
    Homeless Youth Connection9950 West Van Buren St Suite 114
    Avondale,AZ85323     		None PC Support for the Empowering Youth for the Future (EYFTF) Program for Homeless Youth 250,000
    Live Learn326 East Coronado Rd Suite 201
    Phoenix,AZ85004     		None PC Support for the Economic Empowerment of Women 25,000
    Maggie's Place Inc4001 North 30th Street
    Phoenix,AZ85016     		None PC Expanding Capacity to Serve More Homeless Women and Children 439,000
    MAPS1115 Mission Street
    Santa Cruz,CA95060     		None PC Support for the Advancement of Psychedelic Therapies for the Treatment of PTSD 1,000,000
    Read Better Be Better715 E Montecito Ave
    Phoenix,AZ85014     		None PC To Engage Youth Leaders to Help Solve the 3rd Grade Literacy Crisis 25,000
    ResilientMe Inc2875 W Ray Rd
    Chandler,AZ85224     		None PC Funding to Prepare Youth for the Successful Transition out of Foster Care 25,000
    Team Rubicon6171 West Century Blvd 310
    Los Angeles,CA90045     		None PC Support for Deployment of Military Veterans Alongside First Responders on Emergency Response Teams 530,000
    University of Baltimore Foundation1130 N Charles St
    Baltimore,MD21201     		None PC The Bob Parsons Scholarship Fund 862,867
    Total ................................bullet 3b 22,196,867
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2020
    Name of the organization
    The Bob & Renee Parsons Foundation
     
    Employer identification number

    45-2713666
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    The Bob & Renee Parsons Foundation
          		Employer identification number
    45-2713666
    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
    Robert Renee Parsons
    15475 N 84th Street
     
    Scottsdale, AZ85260

    		$ 26,490,222


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

    		$  


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

    		$  


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

    		$  


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

    		$  


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

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    The Bob & Renee Parsons Foundation
          		Employer identification number

    45-2713666
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    The Bob & Renee Parsons Foundation
          		Employer identification number

    45-2713666
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID: 20011551
    Software Version: 2020v4.0

    TY 2020 AccountingFeesSchedule
    Name:
    The Bob & Renee Parsons Foundation
    EIN:
    45-2713666
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 23,649 0 0 23,649

    TY 2020 GeneralExplanationAttachment
    Name:
    The Bob & Renee Parsons Foundation
    EIN:
    45-2713666
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Identifier Return Reference Explanation
      General Explanation Supplemental Information for Form 990-PF Attachment from 2018 Form 990-PF, Part VII-B, Question 5c, page 6:Expenditure Responsibility Statement for the year 2020-------------------------------------------------------Pursuant to IRC Regulation 53.4945-5(d)(2), The Bob and Renee Parsons Foundation provides the following information:(i)Grantee: BRG Group Fl.5, 18 Ly Thuong Kiet Hanoi, Vietnam(ii)Date & Amount of grant: January 31, 2018 - $200,000(iii)Purpose of grant: To provide support for several charitable programs in Vietnam over a 3-year period(details provided in report provided by grantee) (iv)Amounts expended by the grantee: $57,328 in 2018(v) Amounts expended by the grantee: $58,620 in 2019(vi) Amounts expended by the grantee: $38,700 in 2020(vii) Total amounts expended by the grantee as of December 31, 2020: $154,648(viii)Diversions: Under the terms of the original MOU, the grantor expected that the full balance of $200,000 would be fully expended by 12/31/20; however, like many things, BRGs plans were impacted by COVID. Grantor agreed that BRG could divert funds from the original purpose within the MOU to be utilized to purchase masks.(ix)Reports: Grantee provided its annual report for 2020 activities that were completed using the donated funds from January 2018. The report reflected that the grant was properly utilized for appropriate charitable purposes.(x)Verification: The grantor has no reason to doubt the accuracy or reliability of the report from the grantee. Therefore, no independent verification of the report was made.

    TY 2020 OtherExpensesSchedule
    Name:
    The Bob & Renee Parsons Foundation
    EIN:
    45-2713666
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    DUES AND SUBSCRIPTIONS 25,907     25,907
    EVENTS 4,576     4,576
    OFFICE EXPENSE 4,738     4,738