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
ALEXANDER F VICTOR FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX LAW
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MONTEREY, CA93942
A Employer identification number

94-6121837
B Telephone number (see instructions)

(831) 649-1100
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$4,173,096J 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)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 51 51 51
4 Dividends and interest from securities... 20,135 20,135 20,135
5a Gross rents............ 194,403 194,403 194,403
b Net rental income or (loss) 185,281
6a Net gain or (loss) from sale of assets not on line 10 -636
b Gross sales price for all assets on line 6a 6,088
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)....... Click to see attachment 3,152 3,152  
12 Total. Add lines 1 through 11........ 217,105 217,741 214,589
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 60,000 30,000   30,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 7,795 6,236   1,559
b Accounting fees (attach schedule)....... Click to see attachment 7,054 3,527   3,527
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 2,036 409 1,567 60
19 Depreciation (attach schedule) and depletion... Click to see attachment 1,207 1,207  
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 9,328 9,328    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 87,420 50,707 1,567 35,146
25 Contributions, gifts, grants paid....... 176,000 176,000
26 Total expenses and disbursements. Add lines 24 and 25 263,420 50,707 1,567 211,146
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -46,315
b Net investment income (if negative, enter -0-) 167,034
c Adjusted net income (if negative, enter -0-)... 213,022
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.............      
2 Savings and temporary cash investments......... 57,571 19,187 19,187
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
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)....... 391,627 Click to see attachment382,255 700,264
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).......... 53,436 Click to see attachment53,436 153,645
14 Land, buildings, and equipment: basis bullet127,102
Less: accumulated depreciation (attach schedule) bullet45,118 83,191 Click to see attachment81,984 3,300,000
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 585,825 536,862 4,173,096
Liabilities 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 bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 585,825 536,862
29 Total net assets or fund balances (see instructions)..... 585,825 536,862
30 Total liabilities and net assets/fund balances (see instructions). 585,825 536,862
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
585,825
2
Enter amount from Part I, line 27a .....................
2
-46,315
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
539,510
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
2,648
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
536,862
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a 150 ONEOK INC L/T COVERED P 2017-07-03 2020-12-09
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 6,088   6,724 -636
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       -636
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 -636
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 2,322
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 2,322
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 2,322
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 1,600
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,600
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 722
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
     
    No
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCA
    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 addressbullethttps://www.walkerandreed.com
    14
    The books are in care ofbulletDOROTHY JOHNSON Telephone no.bullet (831) 655-0970

    Located atbullet215 W FRANKLINMONTEREYCA ZIP+4bullet93940
    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
    HANSEN P REED President & CEO
    4.00     		0    
    PO BOX LAW
    MONTEREY,CA93942
    AMY REED TREAS/SEC/VP
    0.00     		0    
    215 W FRANKLIN STREET
    MONTEREY,CA93940
    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
    768,013
    b
    Average of monthly cash balances.......................
    1b
    118,409
    c
    Fair market value of all other assets (see instructions)................
    1c
    3,300,000
    d
    Total (add lines 1a, b, and c).........................
    1d
    4,186,422
    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
    4,186,422
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    62,796
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    4,123,626
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    206,181
    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
    206,181
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    2,322
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,322
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    203,859
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    203,859
    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
    203,859
    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
    211,146
    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
    211,146
    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
    211,146
    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 7 203,859
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018...... 8,260
    e From 2019...... 151,503
    fTotal of lines 3a through e........ 159,763
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 211,146
    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..... 203,859
    e Remaining amount distributed out of corpus 7,287
    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 5 167,050
    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) ...     		 
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		167,050
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018.... 8,260
    d Excess from 2019.... 151,503
    e Excess from 2020.... 7,287
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    HANSEN P REED
    PO BOX LAW
    MONTEREY,CA93942
    (831) 649-1100
    hreed@walkerandreed.com
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATIONS SHOULD BE SUBMITTED ON THE LETTERHEAD OF THE APPLICANT. THE APPLICATIONS SHOULD INCLUDE THE ORGANIZATION'S TAX ID NUMBER AND EXEMPTION INFORMATION, THE GENERAL PURPOSE AND ACTIVITIES OF THE APPLICANT, THE NEED FOR THE FUNDS AND THE NAMES OF THE MEMBERS OF THE BOARD OF DIRECTORS.
    cAny submission deadlines:
    NOVEMBER 15TH OF EVERY YEAR
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GIFTS ARE ONLY MADE TO CHARITABLE ORGANIZATIONS WITH EXEMPT STATUS FROM FEDERAL AND STATE GOVERNMENTS.
    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
    ALLIANCE ON AGING
    247 MAIN STREET
    SALINAS,CA93901     		NONE PC FOR SERVICES FOR THE ELDERLY 2,000
    BOYS & GIRLS CLUB OF MONTEREY COUNTY
    PO BOX 97
    SEASIDE,CA93955     		NONE PC TO INSPIRE AND EMPOWER THE YOUTH OF MONTEREY COUNTY 5,000
    CARMEL BACH FESTIVAL
    PO BOX 575
    CARMEL,CA93921     		NONE PC TO INSPIRE AND CELEBRATE THE WORKS OF JOHANN SEBASTIAN BACH 1,000
    CARMEL FOUNDATION
    PO BOX 1050
    CARMEL,CA93921     		NONE PC TO PROVIDE A PLACE FOR SENIORS TO GATHER AND ENJOY ACTIVITIES 5,000
    FOOD BANK FOR MONTEREY COUNTY
    815 WEST MARKET STREET 5
    SALINAS,CA93901     		NONE PC TO ELIMATE HUNGER IN MONTEREY COUNTY 3,000
    FRIENDS OF THE MONTEREY PUBLIC LIBRARY
    625 PACIFIC STREET
    MONTEREY,CA93940     		NONE PC TO RAISE FUNDS FUNDS TO SUPPORT EXISTING LIBRARY SERVICES 5,000
    GATEWAY CENTER OF MONTEREY COUNTY
    850 CONGRESS AVENUE
    PACIFIC GROVE,CA93950     		NONE PC FOR PROGRAMS FOR ADULTS WITH DISABILITIES 2,000
    GIRL SCOUTS OF CA CENTRAL COAST
    1550 MERRITT STREET
    CASTROVILLE,CA95012     		NONE PC TO PROVIDE LEADERSHIP AND LEARNING OPPORTUNITIES FOR GIRLS ON THE CENTRAL COAST 3,000
    JOSEPHINE KERNES MEMORIAL POOL
    15 PORTOLA AVENUE
    MONTEREY,CA93940     		NONE PC TO PROVIDE POOL EXERCISE FOR CHILDREN AND ADULTS WITH DISABILITIES 5,000
    LEGAL SERVICES FOR SENIORS
    915 HILBY AVENUE SUITE 2
    SEASIDE,CA93955     		NONE PC TO PROVIDE LEGAL SERVICES FOR SENIORS 5,000
    MEALS ON WHEELS OF MONTEREY PENINSULA
    700 JEWELL AVENUE
    PACIFIC GROVE,CA93950     		NONE PC TO PROVIDE MEALS TO THE ELDERLY 3,000
    MONTEREY ACAD OF OCEANOGRAPHIC SCIENCE
    PO BOX 3212
    MONTEREY,CA93942     		NONE PC TO PROVIDE SCIENCE EDUCATION TO STUDENTS OF MONTEREY HIGH SCHOOL 3,000
    MONTEREY COLLEGE OF LAW
    100 COL DURHAM STREET
    SEASIDE,CA93955     		NONE PC TO PROVIDE LEGAL EDUCATION ON THE CENTRAL COAST 2,000
    MONTEREY PENINSULA COLLEGE WOMENS BASKET
    980 FREMONT STREET
    MONTEREY,CA93940     		NONE PC PRESIDENT'S CIRCLE 2,000
    MONTEREY PENINSULA COLLEGE FOUNDATION
    980 FREMONT STREET
    MONTEREY,CA93940     		NONE PC BOOSTER CLUB 15,000
    MONTEREY RAPE CRISIS CENTER
    PO BOX 2630
    MONTEREY,CA93940     		NONE PC TO PROVIDE ASSISTANCE AND ADVOCATE FOR VICTIMS AND SURVIVORS OF SEXUAL ASSAULT 4,000
    MONTEREY SYMPHONY
    2560 GARDEN ROAD 101
    MONTEREY,CA93940     		NONE PC TO ENGAGE AND EDUCATE THROUGH SYMPHONIC MUSIC 1,000
    MY MUSEUM
    425 WASHINGTON STREET
    MONTEREY,CA93940     		NONE PC TO PROVIDE EDUCATIONAL EXPERIENCS FOR CHILDREN OF MONTEREY COUNTY 1,000
    PACIFIC REPERTORY THEATRE
    PO BOX 222035
    CARMEL,CA93922     		NONE PC TO PROVIDE ASSISTANCE TO PRODUCE PLAYS 1,000
    PLANNED PARENTHOOD MAR MONTE
    316 N MAIN STREET 100
    SALINAS,CA93901     		NONE PC TO PROVIDE WOMENSX AND OTHER HEALTH SERVICES 3,000
    POPULATION ACTION INTERNATIONAL
    1300 19TH STREET NW SECOND FLOOR
    WASHINGTON,DC20036     		NONE PC TO IMPROVE GLOBAL ACCESS TO FAMILY PLANNING AND REPRODUCTIVE HEALTH CARE 2,000
    RANCHO CIELO YOUTH
    PO BOX 6948
    SALINAS,CA93912     		NONE PC TO PROVIDE LEARNING AND SOCIAL SERVICES FOR UNDERSERVED YOUTH IN MONTEREY COUNTY 1,000
    ROTARY CLUB OF MONTEREY
    PO BOX 669
    MONTEREY,CA93942     		NONE PC TO PROVIDE FUNDS FOR VARIOUS CAUSES 40,000
    ROTARY INTERNATIONAL FOUNDATION
    PO BOX 669
    MONTEREY,CA93942     		NONE PC TO PROVIDE FUNDS FOR VARIOUS CAUSES 1,000
    VISITING NURSES ASSOCIATION
    PO BOX 2480
    MONTEREY,CA93942     		NONE PC TO PROVIDE NURSING SERVICES 1,000
    YWCA OF THE MONTEREY PENINSULA
    915 HILBY AVE SUITE 26
    SEASIDE,CA93955     		NONE PC TO PROVIDE PROGRAMS TO YOUTH 1,000
    YOUTH ARTS COLLECTIVE
    472 CALLE PRINCIPAL
    MONTEREY,CA93940     		NONE PC TO PROVIDE ARTS EDUCATION TO YOUTH OF MONTEREY COUNTY 1,000
    YOUTH MUSIC MONTEREY
    546 HARTNELL STREET
    MONTEREY,CA93940     		NONE PC TO PROVIDE MUSIC EDUCATION TO YOUTH OF MONTEREY COUNTY 1,000
    COMMUNITY FOUNDATION FOR MONTEREY C
    2354 GARDEN ROAD
    MONTEREY,CA93940     		NONE PC MONTEREY GIVES - SUPPORT FOR VARIOUS NONPROFIT ORGANIZATIONS 39,000
    COMMUNITY HUMAN SERVICES
    PO BOX 3076
    MONTEREY,CA93942     		NONE PC GENERAL 4,000
    GATHERING FOR WOMEN
    PO BOX 601
    MONTEREY,CA93942     		NONE PC GENERAL 6,000
    OLD MONTEREY FOUNDATION
    98 DEL MONTE AVENUE 201
    MONTEREY,CA93940     		NONE PC GENERAL 1,000
    SALINAS VALLEY ALLIANCE FOR CANCER
    312 FOUNTAIN AVENUE
    PACIFIC GROVE,CA93950     		NONE PC GENERAL SUPPORT 1,000
    COASTAL KIDS HOME CARE
    1172 S MAIN STREET
    SALINAS,CA93901     		NONE PC TO PROVIDE HEALTH SERVICES TO CHILDREN 1,000
    THE BLIND VISUALLY IMPAIRED CENTER
    225 LAUREL AVENUE
    PACIFIC GROVE,CA93950     		NONE PC GENERAL 1,000
    DOROTHY'S PLACE
    30 SOLEDAD STREET
    SALINAS,CA93901     		NONE PC GENERAL 1,000
    READ TO ME PROJECT
    1121A BALDWIN STREET
    SALINAS,CA93906     		NONE PC GENERAL 1,000
    ONE STARFISH
    484B WASHINGTON STREET 113
    MONTEREY,CA93940     		NONE PC GENERAL 2,000
    Total .................................bullet 3a 176,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    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 ...........     		    1 51  
    4 Dividends and interest from securities....     1 20,135  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     1 185,281  
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		        -636
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aNON-DIVIDEND DISTRIBUTION     		    20 3,152  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   208,619 -636
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    207,983
    (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

    TY 2020 AccountingFeesSchedule
    Name:
    ALEXANDER F VICTOR FOUNDATION
    EIN:
    94-6121837
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 3,950 1,975 0 1,975
    BOOKKEEPING 3,104 1,552 0 1,552

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

    TY 2020 DepreciationSchedule
    Name:
    ALEXANDER F VICTOR FOUNDATION
    EIN:
    94-6121837
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    ROOF-COTTAGE 1998-05-07 11,426 6,336 SL 2.56 % 293 293    
    ROOF-TEA ROSE 2006-05-15 18,617 6,500 SL 2.56 % 477 477    
    NEW ROOF - COTTAGE 2017-07-01 17,059 1,075 SL 2.56 % 437 437    

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    ALEXANDER F VICTOR FOUNDATION
    EIN:
    94-6121837
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Name of Stock End of Year Book Value End of Year Fair Market Value
    RAYTHEON TECHNOLOGIES CORP 19,567 28,604
    NORTHWESTERN CORPORATION 33,034 58,310
    AT&T INC 31,477 28,760
    NOVO NORDISK A/S DR 26,097 73,342
    ORACLE CORP 30,865 58,221
    HONEYWELL INTERNATIONAL INC 28,500 106,350
    PROCTOR & GAMBLE 27,346 55,656
    SCHLUMBERGER LTD 12,372 3,274
    BRISTOL MYERS SQUIBB CO 20,380 24,812
    EATON CORP PLC SHS 22,503 48,056
    JOHNSON & JOHNSON 20,413 31,476
    NEXTERA ENERGY INC COM 19,510 61,720
    CHEVRON CORP 19,290 16,890
    CROWN CASTLE INTL CORP NEW COM 24,392 47,757
    ADVANSIX INC 158 400
    WEYERHAEUSER CO 3,199 5,365
    ONEOK INC NEW 26,076 20,687
    RESIDIO TECHNOLOGIES 853 1,764
    GARRETT MOTION INC 320 222
    CARRIER GLOBAL CORPORATION 6,631 15,088
    OTIS WORLDWIDE CORP 9,272 13,510

    TY 2020 InvestmentsOtherSchedule2
    Name:
    ALEXANDER F VICTOR FOUNDATION
    EIN:
    94-6121837
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ISHARES COHEN & STEERS REIT ETF AT COST 14,901 43,104
    TEMPLETON EMG MKT INCM FD AT COST 10,497 7,770
    ISHARES MSCI EAFE ETF AT COST 7,888 14,592
    S&P 500 INDEX FUND AT COST 12,211 52,555
    ISHARES S&P MIDCAP 400 INDEX AT COST 7,939 35,624

    TY 2020 LandEtcSchedule2
    Name:
    ALEXANDER F VICTOR FOUNDATION
    EIN:
    94-6121837
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Buildings 77,102 45,118 31,984 1,980,000
    Land 50,000   50,000 1,320,000


    TY 2020 LegalFeesSchedule
    Name:
    ALEXANDER F VICTOR FOUNDATION
    EIN:
    94-6121837
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
      7,795 6,236 0 1,559


    TY 2020 OtherDecreasesSchedule
    Name:
    ALEXANDER F VICTOR FOUNDATION
    EIN:
    94-6121837
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Amount
    ONEOK INC COST BASIS DECREASE 2,648


    TY 2020 OtherExpensesSchedule
    Name:
    ALEXANDER F VICTOR FOUNDATION
    EIN:
    94-6121837
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK SERVICE CHARGE 206 206    
    Rental Expenses 9,122 9,122    


    TY 2020 OtherIncomeSchedule2
    Name:
    ALEXANDER F VICTOR FOUNDATION
    EIN:
    94-6121837
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    NON-DIVIDEND DISTRIBUTION 3,152 3,152  


    TY 2020 TaxesSchedule
    Name:
    ALEXANDER F VICTOR FOUNDATION
    EIN:
    94-6121837
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    567 50     50
    FED TAXES PRIOR YR 1,567   1,567  
    FOREIGN TAXES - MS 409 409    
    SEC OF STATE 10     10