Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
Bristol Bay Native Corporation Education Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)111 W 16th Ave
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Anchorage, AK99501
A Employer identification number

92-0141709
B Telephone number (see instructions)

(907) 278-3602
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$30,554,925
J 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) 1,091,759
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 583,293 583,293  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 342,299
b Gross sales price for all assets on line 6a 6,976,973
7 Capital gain net income (from Part IV, line 2)... 342,299
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)..... 0  
11 Other income (attach schedule)....... 26,751    
12 Total. Add lines 1 through 11........ 2,044,102 925,592  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 213,594     213,594
14 Other employee salaries and wages...... 281,023     281,023
15 Pension plans, employee benefits....... 91,992     96,445
16a Legal fees (attach schedule)......... 0      
b Accounting fees (attach schedule)....... 0      
c Other professional fees (attach schedule).... 225,924 131,130   94,794
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 7,800     7,800
19 Depreciation (attach schedule) and depletion... 0    
20 Occupancy..............        
21 Travel, conferences, and meetings....... 6,169     6,685
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 76,868     76,337
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 903,370 131,130   776,678
25 Contributions, gifts, grants paid....... 782,283 782,283
26 Total expenses and disbursements. Add lines 24 and 25 1,685,653 131,130   1,558,961
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 358,449
b Net investment income (if negative, enter -0-) 794,462
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............. 83,197 129,248 129,248
2 Savings and temporary cash investments......... 337,467 449,257 449,257
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).....   0  
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet     0  
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... -2,796 -2,789 -2,789
10a Investments—U.S. and state government obligations (attach schedule) 2,459,845 Click to see attachment2,504,373 2,504,373
b Investments—corporate stock (attach schedule)....... 14,883,910 Click to see attachment19,283,908 19,283,908
c Investments—corporate bonds (attach schedule)....... 9,314,140 Click to see attachment6,819,685 6,819,685
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet     0  
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 892,318 Click to see attachment1,371,243 1,371,243
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet     0  
15 Other assets (describe bullet) 0 0 0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 27,968,081 30,554,925 30,554,925
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons   0
21 Mortgages and other notes payable (attach schedule)......   0
22 Other liabilities (describe bullet) Click to see attachment113,224 Click to see attachment111,036
23 Total liabilities (add lines 17 through 22)......... 113,224 111,036
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........ 0  
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0  
28 Retained earnings, accumulated income, endowment, or other funds 27,854,857 30,443,889
29 Total net assets or fund balances (see instructions)..... 27,854,857 30,443,889
30 Total liabilities and net assets/fund balances (see instructions). 27,968,081 30,554,925
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
27,854,857
2
Enter amount from Part I, line 27a .....................
2
358,449
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
2,230,584
4
Add lines 1, 2, and 3 ..........................
4
30,443,890
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
1
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
30,443,889
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 Publicly Traded Investments P 2019-12-31 2020-12-31
b
c
d
e
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a 6,976,973 0 6,634,674 342,299
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 0 0 0 342,299
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 2 342,299
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 11,043
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 11,043
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 11,043
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 7,149
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 6,600
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. Part VI Line 7 - Original Return Overpayment: -13749 7 13,749
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 2,706
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet2,706 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)
    bulletAK
    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.BBNCEF.ORG
    14
    The books are in care ofbulletYuliya Mitchell Telephone no.bullet (907) 278-3602

    Located atbullet111 W 16th AVE Ste 400AnchorageAK ZIP+4bullet99501
    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
     
    No
    .........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
    Marie Paul President
    2.50
    0 0 0
    111 W 16th Ave Suite 400
    Anchorage,AK99501
    Patrick E Patterson III Treasurer
    2.50
    0 0 0
    111 W 16th Ave Suite 400
    Anchorage,AK99501
    Andria Agli Secretary
    2.00
    0 0 0
    111 W 16th Ave Suite 400
    ANCHORAGE,AK99501
    William Chythlook Director
    2.00
    0 0 0
    111 W 16th Ave Suite 400
    Anchorage,AK99501
    Daniel Cheyette Vice President
    2.00
    0 0 0
    111 W 16th Ave Suite 400
    Anchorage,AK99501
    Jason Metrokin Director
    2.00
    0 0 0
    111 W 16th Ave Suite 400
    Anchorage,AK99501
    Jayme Selanoff Director
    2.00
    0 0 0
    111 W 16th Ave Suite 400
    Anchorage,AK99501
    Michelle Ravenmoon Director
    2.00
    0 0 0
    111 W 16th Ave Suite 400
    Anchorage,AK99501
    Rayn Aaberg Director
    2.00
    0 0 0
    111 W 16th Ave Suite 400
    Anchorage,AK99501
    Aleesha Towns-Bain Executive Director
    40.00
    213,594 23,689 0
    111 W 16th Ave Suite 400
    Anchorage,AK99501
    Terrence Shanigan Director
    2.00
    0 0 0
    111 W 16th Ave Suite 400
    Anchorage,AK99501
    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
    Angela Peacock Program Manager
    40.00
    96,755 15,172 0
    111 W 16th Ave Ste 400
    Anchorage,AK99501
    Kay Larson-Blair Cultural Heritage Pr
    40.00
    92,575 22,891 0
    111 W 16th Ave Ste 400
    Anchorage,AK99501
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 To provide support for and encourage shareholders to pursue educational opportunities and to promote and preserve cultural heritage. In 2020 the organization provided scholarships to 226 students and 21 grants for cultural heritage activities. 782,283
    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 N/A 0
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    26,804,597
    b
    Average of monthly cash balances.......................
    1b
    888,297
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    27,692,894
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    27,692,894
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    415,393
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    27,277,501
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,363,875
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,363,875
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    11,043
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    11,043
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,352,832
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,352,832
    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
    1,352,832
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    1,558,961
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,558,961
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,558,961
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus
    (b)
    Years prior to 2019
    (c)
    2019
    (d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 1,352,832
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 0
    b From 2016...... 0
    c From 2017...... 0
    d From 2018...... 97,619
    e From 2019...... 168,761
    fTotal of lines 3a through e........ 266,380
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 1,558,961
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....
    0
    c Treated as distributions out of corpus (Election
    required—see instructions)........
    0
    d Applied to 2020 distributable amount..... 1,352,832
    e Remaining amount distributed out of corpus 206,129
    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 5 472,509
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........
    0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......
     
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........
    0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
    0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........
    0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......
     
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...
    0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......
    472,509
    10 Analysis of line 9:
    a Excess from 2016.... 0
    b Excess from 2017.... 0
    c Excess from 2018.... 97,619
    d Excess from 2019.... 168,761
    e Excess from 2020.... 206,129
    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:
    Aleesha Towns-Bain
    111 W 16th Ave Suite 400
    Anchorage,AK99501
    (907) 265-7875
    bThe form in which applications should be submitted and information and materials they should include:
    Available at bbncef.org
    cAny submission deadlines:
    Rolling deadline
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Organizations must be located in the Bristol Bay region of Alaska or demonstrate benefit to Bristol Bay Shareholders.
    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
    Aaron Aspelund
    12101 258th Ct E
    Buckley,WA98321
    Bristol Bay Native Corporation I Scholarship 4,750
    Abbey Whitcomb
    PO Box 548
    Dillingham,AK99576
    Bristol Bay Native Corporation I Scholarship 1,750
    Adriane Horn
    717 Upper Mill Bay Road
    Kodiak,AK99615
    Bristol Bay Native Corporation I Scholarship 2,500
    Adrianne Christensen
    8901 Joy Circle
    Anchorage,AK99502
    Bristol Bay Native Corporation I Scholarship 1,875
    Alec Smith
    1754 Eastridge Dr
    Anchorage,AK99501
    Bristol Bay Native Corporation I Scholarship 1,750
    Alexandra Berger
    5697 Denali Street Apt A
    Anchorage,AK99518
    Bristol Bay Native Corporation I Scholarship 4,500
    Alexandra Stanford
    2224 Sedge St A
    Lynden,WA98264
    Bristol Bay Native Corporation I Scholarship 2,500
    Alix Anelon
    2205 Eureka st 242
    Anchorage,AK99503
    Bristol Bay Native Corporation I Scholarship 1,750
    Allison Chase
    PO Box 672538
    Chugiak,AK995672538
    Bristol Bay Native Corporation I Scholarship 2,000
    Alysha Anderson
    2101 Tudor Hills Ct
    Anchorage,AK99507
    Bristol Bay Native Corporation I Scholarship 1,750
    Amaya Pelagio
    625 W Halverson St
    Middleton,ID83644
    Bristol Bay NativeCorporation I Scholarship 3,000
    Amber Johnson
    4108 Harrison Street 3
    Anchorage,AK99503
    Bristol Bay NativeCorporation I Scholarship 5,000
    Analouise Hoseth
    PO Box 183
    Dillingham,AK99576
    Bristol Bay NativeCorporation I Scholarship 4,500
    Angeline Ebnet
    PO Box 110370
    Anchorage,AK99511
    Bristol Bay NativeCorporation I Scholarship 6,000
    Anna Hansen
    PO Box 414
    King Salmon,AK99613
    Bristol Bay NativeCorporation I Scholarship 5,750
    Annalise Oertwich
    514 SW 14th ST
    Pendleton,OR97801
    Bristol Bay NativeCorporation I Scholarship 6,000
    Antonio Requa-Fielding
    6306 Willow Walk Way
    Arlington,TN38002
    Bristol Bay NativeCorporation I Scholarship 2,250
    Arianna Elkins
    1603 Ivy Drive
    Dothan,AL36301
    Bristol Bay NativeCorporation I Scholarship 2,250
    Ashlyn Luckhurst
    PO Box 643
    Dillingham,AK99576
    Bristol Bay NativeCorporation I Scholarship 2,750
    Autumn Coolidge
    PO Box 102
    Aleknagik,AK99555
    Bristol Bay NativeCorporation I Scholarship 1,750
    Autumn Jensen-Roehl
    PO Box 47036
    Pedro Bay,AK99647
    Bristol Bay NativeCorporation I Scholarship 4,750
    Benjamin Miller
    860 Waterfall Lane
    Durango,CO81301
    Bristol Bay Native Corporation I Scholarship 2,375
    Benjamin Smith
    1754 Eastridge Dr
    Anchorage,AK99501
    Bristol Bay NativeCorporation I Scholarship 2,500
    Brandon Ishnook
    3717 Henderson Loop
    Anchorage,AK99507
    Bristol Bay NativeCorporation I Scholarship 2,500
    Britney Dray
    PO Box 457
    Dillingham,AK99576
    Bristol Bay NativeCorporation I Scholarship 5,500
    Britney George
    PO Box 736
    Dillingham,AK99576
    Bristol Bay NativeCorporation I Scholarship 3,750
    Brittany Anelon
    2205 Eureka Street Apt 242
    Anchorage,AK99503
    Bristol Bay NativeCorporation I Scholarship 2,000
    Brittney Harshfield
    PO Box 414
    Anchor Point,AK99556
    Bristol Bay NativeCorporation I Scholarship 1,750
    Bryn Tennyson
    PO box 167
    Dillingham,AK99576
    Bristol Bay NativeCorporation I Scholarship 5,250
    Camryn LeClair
    1100 Goeglein Gulch
    Durango,CO81301
    Bristol Bay NativeCorporation I Scholarship 4,500
    Carissa Cannon
    520 Tremont Ave
    Bellingham,WA98226
    Bristol Bay NativeCorporation I Scholarship 4,500
    Casey Leonard
    1568 Norene Street
    Anchorage,AK99508
    Bristol Bay NativeCorporation I Scholarship 2,500
    Casey Roehl
    8300 Kronos Dr 1
    Anchorage,AK99502
    Bristol Bay NativeCorporation I Scholarship 2,000
    Cavelila Wonhola
    PO Box 750734
    Fairbanks,AK99775
    Bristol Bay NativeCorporation I Scholarship 4,500
    Cecilia Abell
    503 Circle Dr
    Belgrade,MT59714
    Bristol Bay NativeCorporation I Scholarship 2,500
    Charity Irmen
    5411 E 97th Avenue
    Anchorage,AK99507
    Bristol Bay NativeCorporation I Scholarship 4,500
    Chenita Sorensen
    2243 Aleknagik Lake Rd
    Dillingham,AK99576
    Bristol Bay NativeCorporation I Scholarship 4,500
    Cheryl Offt
    PO Box 2416
    Bethel,AK995592416
    Bristol Bay NativeCorporation I Scholarship 1,875
    Christian Lind
    2400 Copperwood Drive
    Anchorage,AK99516
    Bristol Bay NativeCorporation I Scholarship 2,500
    Christie Pete
    4311 Garfield Street
    Anchorage,AK99503
    Bristol Bay NativeCorporation I Scholarship 4,500
    Christina McDonogh
    37 Uptown Road
    Ithaca,NY14850
    Bristol Bay NativeCorporation I Scholarship 6,125
    Christine Cloud
    3250 15th Ave W
    Seattle,WA98119
    Bristol Bay NativeCorporation I Scholarship 4,750
    Christopher Nicolet
    5307 Cope Street
    Anchorage,AK99518
    Bristol Bay NativeCorporation I Scholarship 3,375
    Cody Kapotak
    1832 Twining Drive
    Anchorage,AK99504
    Bristol Bay NativeCorporation I Scholarship 3,250
    Colton Chythlook
    12315 Avion Street
    Anchorage,AK99516
    Bristol Bay NativeCorporation I Scholarship 2,500
    Conner Romer
    PO Box 623
    Naknek,AK99633
    Bristol Bay NativeCorporation I Scholarship 4,000
    Craig Chythlook
    1834 Tootie Street
    North Pole,AK99705
    Bristol Bay NativeCorporation I Scholarship 5,000
    Dakota Young
    189 E Nelson Avenue 142
    Wasilla,AK99654
    Bristol Bay NativeCorporation I Scholarship 4,500
    David Parazoo
    1018 West 72nd Ave
    Anchorage,AK99518
    Bristol Bay NativeCorporation I Scholarship 2,000
    Dawson Swain
    PO Box 265
    King Salmon,AK99613
    Bristol Bay NativeCorporation I Scholarship 1,875
    Dean Price
    5820 Tinian St
    Anchorage,AK99507
    Bristol Bay NativeCorporation I Scholarship 5,000
    Destine Poulsen
    2782 Tokeland Road
    Tokeland,WA98590
    Bristol Bay NativeCorporation I Scholarship 1,000
    Destiny DeGroote
    701 Winston Place
    Anchorage,AK99504
    Bristol Bay NativeCorporation I Scholarship 3,250
    Destiny Reimers
    5694 Yukon Charlie Loop
    Anchorage,AK99502
    Bristol Bay NativeCorporation I Scholarship 2,125
    Diane John
    13968 Hollyloop
    Wasilla,AK99623
    Bristol Bay NativeCorporation I Scholarship 2,750
    Dylan Murphy
    5702 143rd PL SE
    Bellevue,WA98006
    Bristol Bay NativeCorporation I Scholarship 4,500
    Eleanor Suesue
    3831 Crosson Circle
    Anchorage,AK99517
    Bristol Bay NativeCorporation I Scholarship 4,625
    Elena Barron
    2965 Pharr Court South NW
    Atlanta,GA30305
    Bristol Bay NativeCorporation I Scholarship 500
    Elena Lockuk
    3250 Sweetwater Road
    Lawrenceville,GA30044
    Bristol Bay NativeCorporation I Scholarship 4,500
    Elizabeth Paton
    4036 Vance Drive
    Anchorage,AK99508
    Bristol Bay NativeCorporation I Scholarship 2,500
    Emily McArthur
    7362 W Parks HWY 537
    Wasilla,AK99623
    Bristol Bay NativeCorporation I Scholarship 2,750
    Ericka Reynolds
    PO Box 542
    Kenai,AK99611
    Bristol Bay NativeCorporation I Scholarship 2,500
    Erik Peterson
    PO Box 698
    Soldotna,AK99669
    Bristol Bay NativeCorporation I Scholarship 2,500
    Erin Pedersen
    PO Box 44
    Chignik Lagoon,AK99565
    Bristol Bay NativeCorporation I Scholarship 2,500
    Ethan Agli
    PO Box 359
    Naknek,AK99633
    Bristol Bay NativeCorporation I Scholarship -2,250
    Ethan Baumgarte
    5714 E Cambridge Avenue
    Scottsdale,AZ85257
    Bristol Bay NativeCorporation I Scholarship 2,000
    Ethan Brookover
    2400 Wintercrest Circle
    Anchorage,AK99516
    Bristol Bay NativeCorporation I Scholarship 3,750
    Evan McCloskey
    6928 Terry Street
    Anchorage,AK99502
    Bristol Bay NativeCorporation I Scholarship 5,250
    Eveny Miller
    11821 Suncrest Drive
    Anchorage,AK99515
    Bristol Bay NativeCorporation I Scholarship 3,750
    Fiona O'Carroll
    34 Doughty Point Road
    Harpswell,ME04079
    Bristol Bay NativeCorporation I Scholarship 5,000
    Gabriella Hill
    PO Box 483
    Naknek,AK99633
    Bristol Bay NativeCorporation I Scholarship 3,250
    Garret Baumgarte
    7514 E Windsor Ave
    Scottsdale,AZ85257
    Bristol Bay NativeCorporation I Scholarship 2,500
    Genevieve Parshall
    2810 W 29th Avenue 1
    Anchorage,AK99517
    Bristol Bay NativeCorporation I Scholarship 4,500
    Georgia Holdren
    425 Price st Apt 9
    Anchorage,AK99508
    Bristol Bay NativeCorporation I Scholarship 4,125
    Gina Bodnar
    3978 N Teakwood Way
    Palmer,AK99645
    Bristol Bay NativeCorporation I Scholarship 4,500
    Gloria Alsworth
    3819 W 80th Avenue
    Anchorage,AK99502
    Bristol Bay NativeCorporation I Scholarship 3,625
    Halie Shangin
    9081 Ashley Circle
    Anchorage,AK99502
    Bristol Bay NativeCorporation I Scholarship 5,250
    Hannah Foss
    8050 Fairwood Circle
    Anchorage,AK99518
    Bristol Bay NativeCorporation I Scholarship 4,625
    Hannah Miller
    860 Waterfall Lane
    Durango,CO81301
    Bristol Bay NativeCorporation I Scholarship 3,875
    Harmony Wayner
    PO Box 113014
    Anchorage,AK99511
    Bristol Bay NativeCorporation I Scholarship 6,000
    Hayleigh Caldwell
    8711 Kathleen Drive
    Anchorage,AK99502
    Bristol Bay NativeCorporation I Scholarship 1,750
    Ina Ekamrak
    PO Box 51101
    Akiachak,AK99551
    Bristol Bay NativeCorporation I Scholarship 1,500
    Iris Johnson
    4004 Arkansas Drive
    Anchorage,AK99517
    Bristol Bay NativeCorporation I Scholarship 1,500
    Isabella Roehl
    8300 Kronos Drive Unit 1
    Anchorage,AK99502
    Bristol Bay NativeCorporation I Scholarship 2,000
    Jacob Deater
    5194 E Loft Circle
    Wasilla,AK99654
    Bristol Bay NativeCorporation I Scholarship 1,500
    Jacob Moses
    6901 Tall Spruce Dr
    Anchorage,AK99502
    Bristol Bay NativeCorporation I Scholarship 4,750
    Jaden Frost
    PO Box 176
    Togiak,AK99678
    Bristol Bay NativeCorporation I Scholarship 1,750
    James Woods
    5310 Mockingbird Dr 114
    Anchorage,AK99507
    Bristol Bay NativeCorporation I Scholarship 4,500
    Jasmine Etuckmelra
    PO Box 64
    Manokotak,AK99628
    Bristol Bay NativeCorporation I Scholarship 5,000
    Jayce Lakshas
    215 Susieana Lane
    Kenai,AK99611
    Bristol Bay NativeCorporation I Scholarship 1,750
    Jenice Cox
    PO Box 985
    Dillingham,AK99576
    Bristol Bay NativeCorporation I Scholarship 1,750
    Jesse Noden
    PO Box 26
    Dillingham,AK99576
    Bristol Bay NativeCorporation I Scholarship 1,250
    Jessica Smith
    475 Graves Ave i
    El Cajon,CA92020
    Bristol Bay NativeCorporation I Scholarship 3,875
    Jessica Towns
    14413 SE 162nd Place
    Renton,WA98058
    Bristol Bay NativeCorporation I Scholarship 3,250
    Jillian Shade
    1986 Meadow Dr
    Clearwater,FL33763
    Bristol Bay NativeCorporation I Scholarship 3,000
    Jodi Hodgson
    1932 S Salem Drive
    Anchorage,AK99508
    Bristol Bay NativeCorporation I Scholarship 1,500
    Jody Yakanak
    PO Box 5581
    Chiniak,AK99615
    Bristol Bay NativeCorporation I Scholarship 2,125
    Jordan Finney
    243 McGrath Ct Apt 1
    Anchorage,AK99501
    Bristol Bay NativeCorporation I Scholarship 5,000
    Joshua Dey
    220 Richfield Drive
    Soldotna,AK99611
    Bristol Bay NativeCorporation I Scholarship 2,750
    Joshua Gumlickpuk
    4340 Northwood Drive
    Anchorage,AK99517
    Bristol Bay NativeCorporation I Scholarship 6,125
    Julianna Johnson
    3924 E Serendipity Loop
    Wasilla,AK99654
    Bristol Bay NativeCorporation I Scholarship 1,750
    Kaleb Hill
    PO Box 4046
    Igiugig,AK99613
    Bristol Bay NativeCorporation I Scholarship 1,250
    Karen Carlson
    3931 West Voss Drive
    Wasilla,AK99623
    Bristol Bay NativeCorporation I Scholarship 3,250
    Katera Seybert
    8727 Emerald Street
    Anchorage,AK99502
    Bristol Bay NativeCorporation I Scholarship 6,750
    Kathleen O'Carroll
    213 W Mosley St Apt 5
    Ann Arbor,MI48103
    Bristol Bay NativeCorporation I Scholarship 4,313
    Katirina Mowrer
    PO Box 405
    Dillingham,AK99576
    Bristol Bay NativeCorporation I Scholarship 5,000
    Katrina Bragg
    23519 Eagle River Road
    Eagle River,AK99577
    Bristol Bay NativeCorporation I Scholarship 4,500
    Katya Nicholson
    13312 Konrad Dr
    Eagle River,AK99577
    Bristol Bay NativeCorporation I Scholarship 3,250
    Kealey Hendricks
    PO Box 3663
    Kenai,AK99611
    Bristol Bay NativeCorporation I Scholarship 2,500
    Keesha Paul
    PO Box 184
    Manokotak,AK99628
    Bristol Bay NativeCorporation I Scholarship 3,750
    Kelsey Kingsley
    PO Box 877844
    Wasilla,AK99687
    Bristol Bay NativeCorporation I Scholarship 2,750
    Kenneth Savo
    PO Box 507
    Dillingham,AK99576
    Bristol Bay NativeCorporation I Scholarship 2,500
    Kindra Lynn Smith
    75 Arkansas st
    San Francisco,CA94107
    Bristol Bay NativeCorporation I Scholarship 5,250
    Kinka Vincze
    400 Wilson Ave
    Satellite Beach,FL32937
    Bristol Bay NativeCorporation I Scholarship 3,250
    Kristen Olsen
    PO Box 856
    Dillingham,AK99576
    Bristol Bay NativeCorporation I Scholarship 4,500
    Kristine Howard
    41045 Harrison St
    Anchorage,AK99503
    Bristol Bay NativeCorporation I Scholarship 2,500
    Kristy Green
    1906 Aberdeen Avenue SE
    Renton,WA98055
    Bristol Bay NativeCorporation I Scholarship 3,312
    Krystal Reese
    2637 Dove Crossing Drive
    New Braunfels,TX78130
    Bristol Bay NativeCorporation I Scholarship 3,250
    Larissa Hensch
    7350 Kidron Street
    Anchorage,AK99502
    Bristol Bay NativeCorporation I Scholarship 2,000
    Laura Anderson
    8011 Woodgreen Circle
    Anchorage,AK99518
    Bristol Bay NativeCorporation I Scholarship 2,500
    Laura Aspelund
    2540 Brandy Circle
    Anchorage,AK99516
    Bristol Bay NativeCorporation I Scholarship 3,500
    Laura Lemons
    189 E Nelson Avenue 142
    Wasilla,AK99654
    Bristol Bay NativeCorporation I Scholarship 4,640
    Lauren Patterson
    3250 Sweetwater Road
    Lawrenceville,GA30044
    Bristol Bay NativeCorporation I Scholarship 1,750
    Lauren Scantlebury
    PO Box 190784
    Anchorage,AK995190428
    Bristol Bay NativeCorporation I Scholarship 4,625
    Leilani Tennyson
    115 E Potter Drive
    Anchorage,AK99518
    Bristol Bay NativeCorporation I Scholarship 6,500
    Leland Andrews
    PO Box 87
    Aleknagik,AK99555
      I Scholarship -2,250
    Lieua Nick
    PO Box 110
    Manokotak,AK99628
    Bristol Bay NativeCorporation I Scholarship 2,500
    Lisa Hodgson
    3901 Eastway Loop
    Anchorage,AK99504
    Bristol Bay NativeCorporation I Scholarship 1,000
    Logan Phelps
    PO Box 135
    Naknek,AK99633
    Bristol Bay NativeCorporation I Scholarship 3,875
    Luke Baumgarte
    5714 E Cambridge
    Scottsdale,AZ85257
    Bristol Bay NativeCorporation I Scholarship 2,000
    Lucy Bragg
    115 E Potter Dr Unit 4
    Anchorage,AK99518
    Bristol Bay NativeCorporation I Scholarship 2,750
    Lucy Goode
    PO Box 296
    King Salmon,AK99613
    Bristol Bay NativeCorporation I Scholarship 5,500
    Madison DeSoto
    PO Box 116
    Naknek,AK99633
    Bristol Bay NativeCorporation I Scholarship 2,500
    Makena Thompson
    2530 Maylen Circle
    Anchorage,AK99516
    Bristol Bay NativeCorporation I Scholarship 4,000
    Mandeline Clark
    905 Richardson Vista Road
    Anchorage,AK99501
    Bristol Bay NativeCorporation I Scholarship 6,750
    Mariah Dray
    PO Box 457
    Dillingham,AK99576
    Bristol Bay NativeCorporation I Scholarship 7,500
    Marissa Elkins
    1603 Ivy Drive
    Dothan,AL36301
    Bristol Bay NativeCorporation I Scholarship 5,000
    Marsha Madriaga
    19117 Crown Ridge Blvd
    Arlington,WA98223
    Bristol Bay NativeCorporation I Scholarship 2,500
    Mary Sherbick
    2486 Oak Drive
    Anchorage,AK99508
    Bristol Bay NativeCorporation I Scholarship 6,000
    Maxwell Beard
    PO Box 1232
    Lakeport,CA95453
    Bristol Bay NativeCorporation I Scholarship 1,500
    McKenna Young
    189 E Nelson Ave 142
    Wasilla,AK99654
    Bristol Bay NativeCorporation I Scholarship 3,750
    Meghan Smith
    5065 Viking Rd NE
    Moses Lake,WA98837
    Bristol Bay NativeCorporation I Scholarship 2,000
    Micalisha Delano
    PO Box 1236
    Dillingham,AK99576
    Bristol Bay NativeCorporation I Scholarship 2,500
    Michelle Shangin
    7223 E 6th Ave 1
    Anchorage,AK99504
    Bristol Bay NativeCorporation I Scholarship 6,000
    Mikayla DeSoto
    PO Box 116
    Naknek,AK99633
    Bristol Bay NativeCorporation I Scholarship 2,000
    Milana Stalder
    4900 Alpha Circle
    Anchorage,AK99516
    Bristol Bay NativeCorporation I Scholarship 2,500
    Miquela Sampson
    240 West 33rd Avenue 2
    Anchorage,AK99503
    Bristol Bay NativeCorporation I Scholarship 1,500
    Moesha Lomack
    PO Box 197
    Togiak,AK99678
    Bristol Bay NativeCorporation I Scholarship 500
    Monica Lehuquet
    3208 202nd Street SW
    Lynnwood,WA98036
    Bristol Bay NativeCorporation I Scholarship 6,500
    Montana Murphy
    9324 Campbell Terrace Drive
    Anchorage,AK99502
    Bristol Bay Native Corporation I Scholarship 1,875
    Morgan LaRocque
    403 6th Street SW
    Rugby,ND58368
    Bristol Bay Native Corporation I Scholarship 1,750
    Myah Smith
    1754 Eastridge Drive
    Anchorage,AK99501
    Bristol Bay Native Corporation I Scholarship 1,875
    Naidene Baechler
    840 N Deshka Ridge Dr
    Palmer,AK99645
    Bristol Bay Native Corporation I Scholarship 2,750
    Nancy Mills Anderson
    PO Box 336
    Chignik Lagoon,AK99565
    Bristol Bay Native Corporation I Scholarship 2,875
    Nicholas Guttenberg
    3248 Calle De Molina
    Santa Fe,NM87507
    Bristol Bay Native Corporation I Scholarship 3,250
    Olivia Olson
    200 W 34th Avenue 174
    Anchorage,AK99503
    Bristol Bay Native Corporation I Scholarship 4,125
    Oxcenia O'Domin
    17402 Stonewood Pl
    Eagle River,AK99577
    Bristol Bay Native Corporation I Scholarship 2,625
    Patsy Shaha
    16589 SW Daylily St
    Sherwood,OR97140
    Bristol Bay Native Corporation I Scholarship 6,000
    Pia Dinon
    PO Box 468
    Craig,AK99921
    Bristol Bay Native Corporation I Scholarship 2,250
    Presley Denkinger
    1122 2nd Ave S
    Edmonds,WA98020
    Bristol Bay Native Corporation I Scholarship 1,250
    Quinn Johnson
    3700 Runestad Circle
    Anchorage,AK995021573
    Bristol Bay Native Corporation I Scholarship 2,500
    Rachel Richardson
    501 Donna Drive
    Anchorage,AK99504
    Bristol Bay Native Corporation I Scholarship 8,000
    Rachelle Griffitts
    3776 Richmond Avenue A
    Anchorage,AK99508
    Bristol Bay Native Corporation I Scholarship 5,000
    Raini Thorson
    1006 San Fernando St APT B
    Anchorage,AK99508
    Bristol Bay Native Corporation I Scholarship 4,750
    Random Reamey
    PO Box 687
    Dillingham,AK99576
    Bristol Bay Native Corporation I Scholarship 2,500
    Rebekah Hardin
    725 E Carrie Dr
    Medical Lake,WA99022
    Bristol Bay Native Corporation I Scholarship 2,500
    Rikki Johnson
    3531 Chiniak Bay Drive
    Anchorage,AK99515
    Bristol Bay Native Corporation I Scholarship 3,750
    Robert Roehl
    6721 Teshlar Drive
    Anchorage,AK99507
    Bristol Bay Native Corporation I Scholarship 2,000
    Robert Watson
    13531 Westwind Dr
    Anchorage,AK99516
    Bristol Bay Native Corporation I Scholarship 1,750
    Robin Masterman
    PO Box 8
    Togiak,AK99678
    Bristol Bay Native Corporation I Scholarship 1,750
    Rochelle Sanchez
    35413 Hewankorn Loop
    Ronan,MT59864
    Bristol Bay Native Corporation I Scholarship 1,750
    Sabrina Maurer
    PO Box 879719
    Wasilla,AK99687
    Bristol Bay Native Corporation I Scholarship 1,125
    Sadie Spargur
    16340 Lower Harbor Road Ste 1-110
    Brookings,OR97415
    Bristol Bay Native Corporation I Scholarship 1,750
    Samuel Hiratsuka
    8339 Eleusis Drive
    Anchorage,AK99502
    Bristol Bay Native Corporation I Scholarship 2,500
    Samuel Sherry
    9691 NW Maring Dr
    Portland,OR97229
    Bristol Bay Native Corporation I Scholarship 3,750
    Sara Ross
    7707 Blackberry Street
    Anchorage,AK99502
    Bristol Bay Native Corporation I Scholarship 4,750
    Sara Thiele
    1058 N Helen Lane
    Wasilla,AK99654
    Bristol Bay Native Corporation I Scholarship 3,375
    Sarah Mitchell
    PO Box 232
    King Salmon,AK99613
    Bristol Bay Native Corporation I Scholarship 1,750
    Sarah Schroeder
    PO Box 1435
    Dillingham,AK99576
    Bristol Bay Native Corporation I Scholarship 2,750
    Savannah Croissant
    7626 76th Avenue NW
    Gig Harbor,WA98335
    Bristol Bay Native Corporation I Scholarship 2,000
    Shania Johnson
    PO Box 1178
    Dillingham,AK99576
    Bristol Bay Native Corporation I Scholarship 1,750
    Shannon Ekamrak
    PO Box 51101
    Akiachak,AK99551
    Bristol Bay Native Corporation I Scholarship 1,875
    Sharon Hansen
    PO Box 414
    King Salmon,AK99613
    Bristol Bay Native Corporation I Scholarship 4,875
    Sherina Ishnook
    3717 Henderson Loop
    Anchorage,AK99507
    Bristol Bay Native Corporation I Scholarship 500
    Sierra Felts
    PO Box 996
    Dillingham,AK99576
    Bristol Bay Native Corporation I Scholarship 1,250
    Skylar Croissant
    7626 76th Avenue NW
    Gig Harbor,WA98335
    Bristol Bay Native Corporation I Scholarship 1,750
    Sonya Stewart
    7320 Bulen Drive
    Anchorage,AK99507
    Bristol Bay Native Corporation I Scholarship 1,500
    Sophia Sorensen
    PO Box 2626
    Soldotna,AK99669
    Bristol Bay Native Corporation I Scholarship 8,250
    Sophia Tunguing
    344 Skwentna Drive
    Anchorage,AK99504
    Bristol Bay Native Corporation I Scholarship 2,875
    Spencer Smith
    5065 viking road NE
    Moses Lake,WA98837
    Bristol Bay Native Corporation I Scholarship 5,000
    Stephanie Hardin
    725 E Carrie Drive
    Medical Lake,WA99022
    Bristol Bay Native Corporation I Scholarship 1,375
    Stephen Twigg
    114 Maplewood Drive
    Shepherdsville,KY40165
    Bristol Bay Native Corporation I Scholarship -2,750
    Steven Downey
    4920 Clint Cir
    Anchorage,AK99507
    Bristol Bay Native Corporation I Scholarship 1,750
    Summer Anderson
    PO Box 12
    Chignik,AK99564
    Bristol Bay Native Corporation I Scholarship 2,500
    Sydney Dray
    PO Box 457
    Dillingham,AK99576
    Bristol Bay Native Corporation I Scholarship 4,500
    Tamara Wilson
    1140 E Hidden Ranch Circle
    Palmer,AK99645
    Bristol Bay Native Corporation I Scholarship 1,875
    Tammy Grimes
    PO Box 3065
    Soldotna,AK996693065
    Bristol Bay Native Corporation I Scholarship 1,500
    Tatiana Petticrew
    PO Box 70122
    South Naknek,AK99670
    Bristol Bay Native Corporation I Scholarship 2,500
    Tatiana Wilson
    PO box 133
    King Salmon,AK99613
    Bristol Bay Native Corporation I Scholarship 1,750
    Tava Kairaiuak
    6930 Royal Court
    Anchorage,AK99502
    Bristol Bay Native Corporation I Scholarship 1,750
    Taylor Mafile'o
    PO Box 190367
    Anchorage,AK995190367
    Bristol Bay Native Corporation I Scholarship 1,750
    Tessa Coopchiak
    Togiak Heights 2 PO Box 187
    Togiak,AK99678
    Bristol Bay Native Corporation I Scholarship 2,000
    Tessara Kaltenbach
    3937 Lunar Dr
    Anchorage,AK99504
    Bristol Bay Native Corporation I Scholarship 5,250
    Teya Olsen
    PO Box 135
    Naknek,AK99633
    Bristol Bay Native Corporation I Scholarship 3,875
    Theresa Williams
    PO Box 653
    Dillingham,AK995760653
    Bristol Bay Native Corporation I Scholarship 3,875
    Theron Paul
    First Road 184 Duplex 5
    Manokotak,AK99628
    Bristol Bay Native Corporation I Scholarship 2,750
    Tiera Schroeder
    PO Box 1435
    Dillingham,AK99576
    Bristol Bay Native Corporation I Scholarship 6,125
    Timothy Townsend
    113 Kazan Street
    Irvine,CA92604
    Bristol Bay Native Corporation I Scholarship 4,500
    Victoria Anderson
    6658 Haida Circle
    Anchorage,AK99507
    Bristol Bay Native Corporation I Scholarship 2,000
    Wyatt Dodge
    7300 Newby Avenue
    Anchorage,AK99507
    Bristol Bay Native Corporation I Scholarship 4,500
    Yevania Osborne
    501 Davis Road Apt E102
    League City,TX77573
    Bristol Bay Native Corporation I Scholarship 2,000
    Zanya Caldwell
    9049 S Twilight Dr
    Wasilla,AK99623
    Bristol Bay Native Corporation I Scholarship 1,750
    Zoe Anelon
    1115 Blueberry
    Iliamna,AK99606
    Bristol Bay Native Corporation I Scholarship 5,250
    Camille Cruz
    PO Box 931
    Kasilof,AK99610
    Bristol Bay Native Corporation I Scholarship 1,000
    Dennis Shangin
    203 Crest Drive
    Soldotna,AK99669
    Bristol Bay Native Corporation I Scholarship 717
    Amanda Sagmoen
    PO Box 190813
    Anchorage,AK99519
    Bristol Bay Native Corporation I Scholarship -1,000
    Tyler Ravelo
    2220 Sentry Drive 204
    Anchorage,AK99507
    Bristol Bay Native Corporation I Scholarship 160
    Travis Hobson
    206 E Fireweed Lane
    Anchorage,AK99503
    Bristol Bay Native Corporation I Scholarship 664
    Kimberly Savo
    PO Box 109
    Naknek,AK99633
    Bristol Bay Native Corporation I Scholarship 1,000
    Casey Kalmakoff
    901 Cranberry Street
    Anchorage,AK99502
    Bristol Bay Native Corporation I Scholarship 379
    Joshua Seidl
    3337 Kanakanak Road
    Dillingham,AK99576
    Bristol Bay Native Corporation I Scholarship 1,000
    Holly Dubose
    PO Box 2224
    Palmer,AK99645
    Bristol Bay Native Corporation I Scholarship 1,000
    Kyle Nelson
    PO Box 877336
    Dillingham,AK99576
    Bristol Bay Native Corporation I Scholarship 695
    Alexander Tallekpalek
    PO Box 13
    Levelock,AK99625
    Bristol Bay Native Corporation I Scholarship 2,000
    Bristol Bay Heritage Land Trust
    PO Box 1388
    Dillingham,AK99576
      PC Cultural Heritage 5,000
    BBNA - Dillingham
    PO Box 307
    Dillingham,AK99576
      GOV Cultural Heritage 4,187
    BBNA - Manokotak
    PO Box 308
    Dillingham,AK99576
      GOV Cultutal Heritage 1,985
    BBNA - New Stuyahok
    PO Box 309
    Dillingham,AK99576
      GOV Cultural Heritage 1,986
    BBNA - Togiak
    PO Box 310
    Dillingham,AK99576
      GOV Cultural Heritage 3,549
    Bristol Bay Borough
    PO Box 169
    Naknek,AK99633
      GOV Cultural Heritage 3,986
    Chignik Lake Village Council
    PO Box 336
    Chignik Lake,AK99548
      GOV Cultural Heritage 5,000
    Cook Inlet Native Head Start
    6901 E Tudor Road
    Anchoage,AK99507
      GOV Cultural Heritage 4,999
    Dillingham City School
    PO Box 170
    Dillingham,AK99576
      GOV Cultural Heritage 10,000
    Ivanof Bay Tribe
    6407 Brayton Driive
    Anchorage,AK99507
      GOV Cultural Heritage 5,000
    New Koliganek Village Council
    PO Box 5057
    Koliganek,AK99576
      GOV Cultural Heritage -2,322
    Little Angels Childcare
    PO Box 6
    Naknek,AK99633
      PC Cultural Heritage 4,950
    Native Village of Port Heiden
    2200 James Street
    Port Heiden,AK99549
      GOV Cultural Heritage 5,000
    Nondalton Tribal Council
    PO Box 49
    Nondalton,AK99640
      GOV Cultural Heritage 5,000
    Safe and Fear-Free Environment
    PO Box 71
    King Salmon,AK99613
      PC Cultural Heritage 5,000
    Samuel K Fox Museum
    PO Box 263
    Dillingham,AK99576
      PC Cultural Heritage 5,000
    SW Reg School-Aleknagik
    127 Lake Street
    Aleknagik,AK99555
      GOV Cultural Heritage 5,000
    SW Reg School-Chief Ivan
    PO Box 29
    New Stuyahok,AK99563
      GOV Cultural Heritage 3,500
    SW Reg School-Togiak
    PO Box 50
    Togiak,AK99678
      GOV Cultural Heritage 10,000
    SW Region School - Twin
    PO Box 4064
    Twin Hills,AK99576
      GOV Cultural Heritage 4,833
    SW Region School District
    PO Box 90
    Dillingham,AK99576
      GOV Cultural Heritage 5,000
    Total .................................bullet 3a 782,283
    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 ...........
             
    4 Dividends and interest from securities....     14 583,293  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............
        18 342,299  
    9 Net income or (loss) from special events:     1 26,751  
    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)..   952,343  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    952,343
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow
    Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  
    Part VI Line 7 -Original Return Overpayment: -13,749


    Form 990PF - Special Condition Description:
    Special Condition Description
    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
    Bristol Bay Native Corporation Education Foundation
     
    Employer identification number

    92-0141709
    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
    Bristol Bay Native Corporation Education Foundation
     
    Employer identification number
    92-0141709
    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
    Bristol Bay Native Corporation
     
    111 W 16th Ave Ste 400
     
    Anchorage, AK99501

    $ 1,000,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    2
    GCI Inc
     
    2550 Denali St Suite 1000
     
    Anchorage, AK99503

    $ 10,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    3
    Weidner Property Management
     
    9757 NE Juanita Dr 300
     
    Kirkland, WA98034

    $ 15,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    4
    Rasmuson Foundation
     
    301 W Northern Lights Blvd 601
     
    Anchorage, AK99503

    $ 8,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    5
    Scott Torrison
    PO Box 671656
     
    Chugiak, AK99567

    $ 5,000


    (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
    Bristol Bay Native Corporation Education Foundation
     
    Employer identification number

    92-0141709
    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
    Bristol Bay Native Corporation Education Foundation
     
    Employer identification number

    92-0141709
    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:  
    Software Version:  

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

    TY 2020 GainLossSaleOtherAssetsSch
    Name:
    Bristol Bay Native Corporation Education Foundation
    EIN:
    92-0141709
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    Publicly Traded Investments         6,976,973 6,634,674     342,299  

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    Bristol Bay Native Corporation Education Foundation
    EIN:
    92-0141709
    Name of Bond End of Year Book Value End of Year Fair Market Value
    Corporate Bonds 6,819,685 6,819,685

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    Bristol Bay Native Corporation Education Foundation
    EIN:
    92-0141709
    Name of Stock End of Year Book Value End of Year Fair Market Value
    Equities/Common Stock 19,283,908 19,283,908

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    Bristol Bay Native Corporation Education Foundation
    EIN:
    92-0141709
    US Government Securities - End of Year Book Value:

    2,504,373
    US Government Securities - End of Year Fair Market Value:

    2,504,373
    State & Local Government Securities - End of Year Book Value:


     
    State & Local Government Securities - End of Year Fair Market Value:


     


    TY 2020 InvestmentsOtherSchedule2
    Name:
    Bristol Bay Native Corporation Education Foundation
    EIN:
    92-0141709
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    Asset Backed Securities   1,371,243 1,371,243

    TY 2020 OtherDecreasesSchedule
    Name:
    Bristol Bay Native Corporation Education Foundation
    EIN:
    92-0141709
    Description Amount
    Rounding 1


    TY 2020 OtherExpensesSchedule
    Name:
    Bristol Bay Native Corporation Education Foundation
    EIN:
    92-0141709
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
      76,868     76,337


    TY 2020 OtherIncomeSchedule2
    Name:
    Bristol Bay Native Corporation Education Foundation
    EIN:
    92-0141709
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
      26,751    


    TY 2020 OtherIncreasesSchedule
    Name:
    Bristol Bay Native Corporation Education Foundation
    EIN:
    92-0141709
    Description Amount
    Unrealized Gain on Investments 2,230,584


    TY 2020 OtherLiabilitiesSchedule
    Name:
    Bristol Bay Native Corporation Education Foundation
    EIN:
    92-0141709
    Description Beginning of Year - Book Value End of Year - Book Value
    Scholarships Payable 5,250 7,500
    Due to BBNC 107,974 103,536


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    Bristol Bay Native Corporation Education Foundation
    EIN:
    92-0141709
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Goldman Sachs Investment Management 131,130      
    Various Other Professional Fees 94,794     94,794


    TY 2020 TaxesSchedule
    Name:
    Bristol Bay Native Corporation Education Foundation
    EIN:
    92-0141709
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Federal Excise Tax 7,800     7,800