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
The Sand Foundation
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

81-3209913
B Telephone number (see instructions)

(800) 839-1754
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$9,543,196J 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) 7
2 Check bullet.............
3 Interest on savings and temporary cash investments 614 614  
4 Dividends and interest from securities... 159,126 159,126  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 117,630
b Gross sales price for all assets on line 6a 1,207,575
7 Capital gain net income (from Part IV, line 2)... 117,630
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 277,377 277,370  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 5,000     5,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 228 0 0 228
b Accounting fees (attach schedule)....... Click to see attachment 930 0 0 930
c Other professional fees (attach schedule).... Click to see attachment 129,239 33,239   96,000
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,303 3    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 29,788 54   29,734
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 166,488 33,296 0 131,892
25 Contributions, gifts, grants paid....... 293,000 293,000
26 Total expenses and disbursements. Add lines 24 and 25 459,488 33,296 0 424,892
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -182,111
b Net investment income (if negative, enter -0-) 244,074
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.............      
2 Savings and temporary cash investments......... 188,336 228,846 228,846
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)....... 7,665,072 Click to see attachment7,442,200 9,211,858
c Investments—corporate bonds (attach schedule)....... 100,000 Click to see attachment100,000 102,492
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 7,953,408 7,771,046 9,543,196
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 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 7,953,408 7,771,046
29 Total net assets or fund balances (see instructions)..... 7,953,408 7,771,046
30 Total liabilities and net assets/fund balances (see instructions). 7,953,408 7,771,046
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
7,953,408
2
Enter amount from Part I, line 27a .....................
2
-182,111
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
7,771,297
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
251
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
7,771,046
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 Securities      
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 1,207,575   1,089,945 117,630
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       117,630
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 2 117,630
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 3,393
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 3,393
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 3,393
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 2,309
b Exempt foreign organizations—tax withheld at source...... 6b 0
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 2,309
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 1,084
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
    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)
    bulletPA
    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 addressbullet  
    14
    The books are in care ofbulletFoundation Source Telephone no.bullet (800) 839-1754

    Located atbullet501 Silverside Road Suite 123WilmingtonDE ZIP+4bullet198091377
    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
    Alexander Braun SchoenfeldClick to see attachment Dir
    1.0     		1,000 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Barbara B SchoenfeldClick to see attachment Dir, Pres, Sec, Treas
    10.0     		1,000 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Gordon SchoenfeldClick to see attachment Dir
    1.0     		1,000 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Larry J SchoenfeldClick to see attachment Dir, VP
    1.0     		1,000 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Max SchoenfeldClick to see attachment Dir
    1.0     		1,000 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    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
     
    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
    Saffron LLC Philanthropic 96,000
    100 EXCHANGE STREET UNIT 607
    PROVIDENCE,RI02903
    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
    8,295,503
    b
    Average of monthly cash balances.......................
    1b
    189,491
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    8,484,994
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    8,484,994
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    127,275
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    8,357,719
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    417,886
    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
    417,886
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    3,393
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,393
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    414,493
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    414,493
    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
    414,493
    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
    424,892
    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
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    424,892
    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
    424,892
    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 7 414,493
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 395,579
    b Total for prior years:2018, 2017, 2016  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 424,892
    a Applied to 2019, but not more than line 2a 395,579
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2020 distributable amount..... 29,313
    e Remaining amount distributed out of corpus 0
    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 0
    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 ..........     		385,180
    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 ......     		0
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020.... 0
    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).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    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
    AQUIDNECK LAND TRUST
    790 AQUIDNECK AVE
    MIDDLETOWN,RI02842     		N/A PC General & Unrestricted 1,000
    ASHOKA
    1700 N MOORE ST STE 2000
    ARLINGTON,VA22209     		N/A PC Flexible Funding 25,000
    BERKELEY FOOD NETWORK
    1569 SOLANO AVE BOX 243
    BERKELEY,CA94707     		N/A PC General & Unrestricted 500
    BERKELEY PUBLIC SCHOOLS FUND
    PO BOX 2066
    BERKELEY,CA94702     		N/A PC General & Unrestricted 2,000
    BERKELEY PUBLIC SCHOOLS FUND
    PO BOX 2066
    BERKELEY,CA94702     		N/A PC Covid-19 Assistance fund 1,000
    BERKELEY PUBLIC SCHOOLS FUND
    PO BOX 2066
    BERKELEY,CA94702     		N/A PC School Closure - COVID-19 Assistance fund 1,000
    BOYS CLUBS & GIRLS CLUBS OF NEWPORT COUNTY INC
    95 CHURCH ST
    NEWPORT,RI02840     		N/A PC General & Unrestricted 1,000
    CENTER FOR REPRODUCTIVE RIGHTS INC
    199 WATER ST 22ND FL
    NEW YORK,NY10038     		N/A PC General & Unrestricted 7,000
    CHARITY NAVIGATOR
    139 HARRISTOWN RD STE 201
    GLEN ROCK,NJ07452     		N/A PC General & Unrestricted 500
    CHILD AND FAMILY SERVICES OF NEWPORT COUNTY
    31 JOHN CLARKE RD
    MIDDLETOWN,RI02842     		N/A PC General & Unrestricted 1,000
    COALITION ON HOMELESSNESS
    468 TURK ST
    SAN FRANCISCO,CA94102     		N/A PC General & Unrestricted 500
    COMMUNITY COLLEGE OF RHODE ISLAND FOUNDATION
    400 E AVE
    WARWICK,RI02886     		N/A PC Student Emergency Relief fund 5,000
    COMMUNITY HOUSING PARTNERSHIP
    26 JONES ST STE 200
    SAN FRANCISCO,CA94102     		N/A PC General & Unrestricted 500
    CONGREGATION OF THE SONS OF ISRAEL AND DAVID DBA T
    70 ORCHARD AVE
    PROVIDENCE,RI02906     		N/A PC General & Unrestricted 2,500
    CONGREGATION OF THE SONS OF ISRAEL AND DAVID DBA T
    70 ORCHARD AVE
    PROVIDENCE,RI02906     		N/A PC Premium Support fund 2,500
    CONNECTICUT COLLEGE
    27 MOHEGAN AVE
    NEW LONDON,CT06320     		N/A PC General & Unrestricted 9,000
    CROSSROADS RHODE ISLAND
    160 BROAD ST
    PROVIDENCE,RI02903     		N/A PC General & Unrestricted 25,000
    DIRECT RELIEF
    6100 WALLACE BECKNELL RD
    SANTA BARBARA,CA93117     		N/A PC General & Unrestricted 12,500
    DORCAS INTERNATIONAL INSTITUTE OF RHODE ISLAND INC
    645 ELMWOOD AVE
    PROVIDENCE,RI02907     		N/A PC General & Unrestricted 1,000
    EAST BAY COMMUNITY FOUNDATION
    200 FRANK H OGAWA PLZ
    OAKLAND,CA94612     		N/A PC Berkeley Relief Fund 500
    EDUCATIONAL FUND TO STOP GUN VIOLENCE
    805 15TH ST NW STE 410
    WASHINGTON,DC20005     		N/A PC General & Unrestricted 1,000
    EVERYTOWN FOR GUN SAFETY SUPPORT FUND INC
    PO BOX 3886
    NEW YORK,NY10163     		N/A PC General & Unrestricted 1,000
    FOSTER FORWARD
    55 S BROW ST
    EAST PROVIDENCE,RI02914     		N/A PC General & Unrestricted 500
    FOUNDATION 2 INC
    1714 JOHNSON AVE NW
    CEDAR RAPIDS,IA52405     		N/A PC General & Unrestricted 200
    FOUNDATION FOR SARCOIDOSIS RESEARCH
    1820 W WEBSTER AVE STE 304
    CHICAGO,IL60614     		N/A PC General & Unrestricted 3,000
    GEORGETOWN UNIVERSITY
    2115 WISCONSIN AVE NW STE 500
    WASHINGTON,DC20007     		N/A PC General & Unrestricted 500
    GIVEDIRECTLY INC
    CHURCH ST STA PO BOX 3221
    NEW YORK,NY10008     		N/A PC Bay Area COVID-19 Fund 10,000
    GRUB STREET INC
    PO BOX 418
    ARLINGTON,MA02476     		N/A PC General & Unrestricted 1,000
    HAWKEYE AREA COMMUNITY ACTION PROGRAM INC
    1515 HAWKEYE DR
    HIAWATHA,IA52233     		N/A PC General & Unrestricted 200
    HOMELESS YOUTH ALLIANCE INC
    607 A HAIGHT ST
    SAN FRANCISCO,CA94117     		N/A PC General & Unrestricted 450
    HUMAN RIGHTS CAMPAIGN FOUNDATION
    1640 RHODE ISLAND AVE NW
    WASHINGTON,DC20036     		N/A PC General & Unrestricted 10,000
    INTERNATIONAL TENNIS HALL OF FAME INCORPORATED
    194 BELLEVUE AVE
    NEWPORT,RI02840     		N/A PC General & Unrestricted 300
    JEWISH ALLIANCE OF GREATER RHODE ISLAND
    401 ELMGROVE AVE
    PROVIDENCE,RI02906     		N/A PC General & Unrestricted 2,000
    MARTIN LUTHER KING COMMUNITY CENTER INCORPORATED
    20 DR MARCUS WHEATLAND BLVD
    NEWPORT,RI02840     		N/A PC General & Unrestricted 1,000
    MARY C WHEELER SCHOOL INC
    216 HOPE ST
    PROVIDENCE,RI02906     		N/A PC General & Unrestricted 1,500
    MDDS BALANCE DISORDER FOUNDATION INC
    22406 SHANNONDELL DR
    AUDUBON,PA19403     		N/A PC General & Unrestricted 200
    NATIONAL FOUNDATION FOR THE CTRS FOR DISEASE CONTR
    600 PEACHTREE ST NE STE 1000
    ATLANTA,GA30308     		N/A PC General & Unrestricted 10,000
    NAVAL WAR COLLEGE FOUNDATION INC
    686 CUSHING RD
    NEWPORT,RI02841     		N/A PC General & Unrestricted 10,000
    NEWPORT ART MUSEUM AND ART ASSOCIATION
    76 BELLEVUE AVE
    NEWPORT,RI02840     		N/A PC General & Unrestricted 20,000
    NEWPORT FESTIVALS FOUNDATION INC
    PO BOX 650
    ESSEX,MA01929     		N/A PC General & Unrestricted 200
    NORTHEASTERN MINNESOTANS FOR WILDERNESS
    PO BOX 625
    ELY,MN55731     		N/A PC Save the Boundary Waters Campaign 500
    PLANNED PARENTHOOD FEDERATION OF AMERICA INC
    123 WILLIAMS ST 10TH FL
    NEW YORK,NY10038     		N/A PC General & Unrestricted 500
    PRESERVATION SOCIETY OF NEWPORT COUNTY
    424 BELLEVUE AVE
    NEWPORT,RI02840     		N/A PC General & Unrestricted 1,000
    PRESIDENT AND DIRECTORS OF GEORGETOWN COLLEGE FOR
    3300 WHITEHAVEN ST STE 3000
    WASHINGTON,DC20007     		N/A PC Georgetown Lombardi Comprehensive Cancer Center's AYA integrative medicine department 10,000
    PROVIDENCE ATHENAEUM
    251 BENEFIT ST
    PROVIDENCE,RI02903     		N/A PC General & Unrestricted 3,000
    PROVIDENCE COMMUNITY LIBRARY
    441 PRAIRIE AVE
    PROVIDENCE,RI02905     		N/A PC General & Unrestricted 2,000
    PROVIDENCE PUBLIC LIBRARY
    150 EMPIRE ST
    PROVIDENCE,RI02903     		N/A PC General & Unrestricted 2,000
    PTA CALIFORNIA CONGRESS OF PARENTS TEACHERS & STUD
    2300 MARTIN LUTHER KING JR WAY
    BERKELEY,CA94704     		N/A PC General & Unrestricted 28,000
    PTA CALIFORNIA CONGRESS OF PARENTS TEACHERS & STUD
    2300 MARTIN LUTHER KING JR WAY
    BERKELEY,CA94704     		N/A PC Charitable Event 1,100
    PTA CALIFORNIA CONGRESS OF PARENTS TEACHERS & STUD
    2300 MARTIN LUTHER KING JR WAY
    BERKELEY,CA94704     		N/A PC 2020 Walk-a-thon 1,000
    RHODE ISLAND ARTS FOUNDATION AT NEWPORT INCORPORAT
    26 VALLEY RD
    MIDDLETOWN,RI02842     		N/A PC General & Unrestricted 1,000
    RHODE ISLAND COMMUNITY FOOD BANK ASSOCIATION
    200 NIANTIC AVE
    PROVIDENCE,RI02907     		N/A PC General & Unrestricted 25,000
    RHODE ISLAND FREE CLINIC INC
    655 BROAD ST STE 301
    PROVIDENCE,RI02907     		N/A PC General & Unrestricted 2,500
    RHODE ISLAND PHILHARMONIC ORCHESTRA & MUSIC SCHOOL
    667 WATERMAN AVE
    E PROVIDENCE,RI02914     		N/A PC General & Unrestricted 1,000
    RHODE ISLAND PUBLIC RADIO
    1 UNION STA
    PROVIDENCE,RI02903     		N/A PC General & Unrestricted 5,000
    SAVE THE BAY INC
    100 SAVE THE BAY DR
    PROVIDENCE,RI02905     		N/A PC General & Unrestricted 1,000
    SOPHIA ACADEMY
    582 ELMWOOD AVE
    PROVIDENCE,RI02907     		N/A PC Peace program 1,000
    SOPHIA ACADEMY
    582 ELMWOOD AVE
    PROVIDENCE,RI02907     		N/A PC to provide food to students' families 1,500
    THE MIRIAM HOSPITAL
    164 SUMMIT AVE
    PROVIDENCE,RI02906     		N/A PC General & Unrestricted 1,000
    THE SANDRA FEINSTEIN-GAMM THEATRE
    1245 JEFFERSON BLVD
    WARWICK,RI02886     		N/A PC General & Unrestricted 1,000
    TRINITY REPERTORY COMPANY
    201 WASHINGTON ST
    PROVIDENCE,RI02903     		N/A PC General & Unrestricted 20,000
    WATERFIRE PROVIDENCE
    475 VALLEY ST
    PROVIDENCE,RI02908     		N/A PC General & Unrestricted 1,000
    WHEN WE ALL VOTE
    PO BOX 34673 1400 L ST NW
    WASHINGTON,DC20005     		N/A PC General & Unrestricted 10,000
    WIKIMEDIA FOUNDATION INC
    PO BOX 98204
    WASHINGTON,DC20090     		N/A PC General & Unrestricted 100
    WORLD WILDLIFE FUND INC
    1250 24TH ST NW
    WASHINGTON,DC20037     		N/A PC General & Unrestricted 500
    YALE UNIVERSITY
    PO BOX 2038
    NEW HAVEN,CT06521     		N/A PC General & Unrestricted 250
    Total .................................bullet 3a 293,000
    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 ...........     		    14 614  
    4 Dividends and interest from securities....     14 159,126  
    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 ............     		    18 117,630  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   277,370  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    277,370
    (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:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    The Sand Foundation
    EIN:
    81-3209913
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Tax Return Preparation/Review 930     930

    TY 2020 CompensationExplanation
    Name:
    The Sand Foundation
    EIN:
    81-3209913
    Person Name Explanation
    Barbara B Schoenfeld * BARBARA B SCHOENFELD, PRESIDENT, SECREATRY, TREASURER AND DIRECTOR OF THE SAND FOUNDATION (THE "FOUNDATION"), IS THE SOLE MEMBER AT THE CONSULTING FIRM OF SAFFRON LLC, A DISQUALIFIED PERSON WHICH PROVIDES CONSULTING SERVICES TO THE FOUNDATION. DURING THE TAXABLE YEAR ENDING DECEMBER 31, 2020, THE FOUNDATION PAID $96,000 FOR PHILANTHROPIC CONSULTING SERVICES RENDERED BY SUCH DISQUALIFIED PERSON AS REPORTED IN FORM 990-PF, PART I, LINE 16C. SUCH CONSULTING FIRM BILLED THE FOUNDATION AT THE SAME RATE OR BELOW THE RATE IT CHARGES ITS OTHER CLIENTS.

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

    TY 2020 DepreciationSchedule
    Name:
    The Sand Foundation
    EIN:
    81-3209913
    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

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    The Sand Foundation
    EIN:
    81-3209913
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CALVERT SOCIAL INVT - 2.000% - 100,000 102,492

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    The Sand Foundation
    EIN:
    81-3209913
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABB LTD 2,351 2,824
    ABBOTT LABS 5,584 10,511
    ABBVIE INC 7,016 7,822
    ABIOMED 803 973
    ACTIVISION BLIZZARD INC 995 1,393
    ACUITY BRANDS INC 2,246 1,816
    ADOBE SYSTEMS, INC 7,066 15,004
    ADVANCED ENERGY IND INC 1,516 2,424
    ADVANCED MICRO DEVICES INC 3,518 6,420
    AFLAC INC 273 267
    AGILENT TECHNOLOGIES INC 263 474
    AKAMAI TECH COM STK 1,984 2,415
    ALEXANDRIA REAL ESTATE EQUITIE 2,158 3,030
    ALIBABA GROUP HOLDING LTD 2,322 3,258
    ALLSTATE CORP 3,326 3,738
    ALPHABET INC CL A 14,268 22,784
    ALPHABET INC CL C 11,508 17,519
    AMER INTERNATIONAL GROUP INC 1,115 1,628
    AMERESCO INC CL A 1,039 3,657
    AMERICAN AIRLINES GROUP INC 301 110
    AMERICAN EXPRESS CO 1,436 1,451
    AMERICAN TOWER REIT INC 6,289 8,978
    AMERICAN WATER WORKS COMPANY I 3,290 5,832
    AMERISOURCEBERGEN CORP 272 293
    AMGEN INC 5,932 7,817
    AMPHENOL CORPORATION 7,931 9,808
    ANALOG DEVICES INC 2,228 3,398
    ANSYS INC 1,660 3,274
    ANTHEM INC 749 963
    AON PLC CL A 1,282 1,901
    APPLE INC 2,269 5,308
    APPLIED MATERIALS INC 4,038 6,904
    APTIV PLC 338 521
    ARISTA NETWORKS 2,270 2,906
    AT&T, INC 2,101 2,013
    ATLASSIAN CORP PLC 1,323 4,210
    ATMOS ENERGY CORP 325 286
    AUTODESK, INC 2,191 4,580
    AUTOMATIC DATA PROCESSING INC 4,015 5,991
    AVALONBAY CMNTYS INC 489 481
    BADGER METER, INC 1,114 1,881
    BAIDU.COM - ADR 2,194 4,109
    BALL CP 281 652
    BANK NEW YORK MELLON CORP COM 436 340
    BANK OF AMERICA CORP 13,660 15,670
    BAXTER INTERNATIONAL INC 278 321
    BECTON DICKINSON & CO 1,616 1,752
    BEST BUY INC 306 399
    BEYOND MEAT INC 1,502 2,500
    BIOGEN INC 821 735
    BLACKROCK INC 4,328 7,215
    BLUEBIRD BIO INC 1,459 779
    BOOKING HOLDINGS INC 9,659 11,136
    BORG WARNER INC 294 232
    BOSTON PPTYS INC 364 284
    BOSTON SCIENTIFIC 287 360
    BOX INC 1,533 1,534
    BRISTOL-MYERS SQUIBB CO 6,526 7,071
    BROADCOM INC 2,585 3,503
    BROOKFIELD RENEWABLE CORP CL A 1,081 4,079
    BROOKS AUTOMATION, INC 1,379 2,578
    CADENCE DESIGN SYSTEMS INC 2,227 4,639
    CALIFORNIA WATER SVC 1,246 1,621
    CALVERT SMALL CAP VALUE FUND C 194,775 201,325
    CANADIAN SOLAR INC 1,037 3,689
    CAPITAL ONE FINANCIAL CORP 3,658 3,657
    CARDINAL HEALTH INC 321 268
    CARRIER GLOBAL 354 415
    CATERPILLAR INC 8,082 10,921
    CBOE HOLDINGS INC 370 279
    CBRE GROUP 325 439
    CDW CORP 8,933 9,094
    CENTERPOINT ENERGY 312 238
    CENTURY LINK INC D/B/A LUMEN T 367 263
    CERNER CORPORATION 291 392
    CHARLES SCHWAB CORP 4,566 4,349
    CHUBB LIMITED 1,628 1,847
    CHURCH & DWIGHT 277 523
    CIGNA CORPORATION 172 208
    CINTAS CRP 1,013 1,060
    CISCO SYSTEMS INC 12,627 12,485
    CITIGROUP INC 11,765 12,579
    CITIZENS FINANCIAL GROUP, INC 363 322
    CITY DEVELOPMENTS LT 2,017 1,581
    CLOROX CO 352 606
    CLOUDERA INC 1,550 2,142
    CME GROUP, INC 4,818 4,733
    CMS ENERGY CP 283 366
    COMCAST CORP 9,704 15,196
    COMERICA INC 284 168
    COMMUNITY REINV ACT QUAL INVT 100,000 104,730
    CONAGRA FOODS INC 1,703 1,632
    CONSOLIDATED EDISON INC 3,115 2,819
    CONSOLIDATED WATER CO. LTD. 757 639
    CONSTELLATION BRANDS INC 3,726 3,943
    COPART INC 409 509
    CORNING INC 946 1,260
    CREE, INC 1,643 3,812
    CRISPR THERAPEUTICS AG 741 3,215
    CROWN CASTLE INTL 3,012 3,980
    CSX CORP 3,957 5,899
    CUMMINS INC 320 454
    CVS CAREMARK CORP 2,522 2,254
    D R HORTON 557 620
    DANAHER CORP 2,006 4,443
    DAQO NEW ENERGY CORP NEW 1,718 14,053
    DARDEN RESTAURANTS INC 279 357
    DASSAULT SYS SA SPN ADR 2,128 2,851
    DEERE CO 3,789 7,533
    DELTA AIR LINES INC 574 442
    DEUTSCHE TELE AG ADS 2,440 2,686
    DEXCOM, INC 1,288 1,109
    DIGITAL RLTY TR INC 2,535 2,930
    DISCOVER FINL SVCS COM 285 362
    DISCOVERY INC SERIES A 284 361
    DISCOVERY INC SERIES C 331 340
    DOLLAR GENERAL CORP 333 631
    DOMINOS PIZZA INC 1,295 1,150
    DOVER CORP 221 379
    DU PONT DE NEMOURS 358 356
    DXC TECHNOLOGY COMPANY 328 232
    EASTMAN CHEMICAL CO 306 301
    EATON CORP PLC 300 481
    EBAY INC 6,043 8,693
    ECOLAB INC 3,909 5,842
    EDITAS MEDICINE INC 1,096 2,804
    EDWARDS LIFESCIENCES 382 821
    ELECTRONIC ARTS 354 431
    EMERSON ELECTRIC CO 3,852 4,661
    ENPHASE ENERGY ORD SHS 1,560 11,406
    EQUINIX, INC 5,319 9,284
    ESTEE LAUDER COMPANIES INC 3,042 4,259
    ETSY INC 3,757 4,804
    EVERSOURCE ENERGYINC 3,473 4,845
    EXACT SCIENCES CORPORATION 1,833 3,180
    EXPEDIA INC 2,578 3,840
    EXPEDITORS INTL WASH INC 300 380
    EXTREME NETWORKS, INC 1,235 1,226
    FASTENAL COMPANY 300 586
    FIDELITY NATIONAL INFORMATION 696 849
    FIFTH THIRD BANCORP 328 331
    FIRST SOLAR INC 1,906 3,660
    FISERV INC 2,289 2,733
    FLOWSERVE CP 310 258
    FORD MOTOR COMPANY 4,713 3,788
    FORTINET INC 2,038 3,713
    FORTIVE CORPORATION 295 283
    FRANKLIN RES INC 303 225
    GARMIN LTD 1,871 3,350
    GILEAD SCIENCES INC 3,418 2,738
    GLOBAL PAYMENTS INC 538 646
    GROUPE DANONE ADS 2,247 1,965
    HANESBRANDS INC 296 233
    HANNON ARMSTRONG SUST INFRAST 969 2,854
    HARTFORD FINANCIALSERVICES GRO 269 245
    HCA INC 287 493
    HEALTHPEAK PROPERTIES INC 304 393
    HILTON WORLDWIDE HOLDINGS, INC 315 445
    HOME DEPOT INC 9,562 13,812
    HORIZON TECHNOLOGY FINANCE COR 601 702
    HOST HOTELS & RESORTS INC 322 219
    HUNTINGTON BANCSHARES INC 298 253
    ICHOR HOLDINGS 668 874
    ILLINOIS TOOL WORKS 2,418 3,466
    ILLUMINA INC COM 2,959 3,700
    INFINEON TECH ADS 2,227 4,009
    INGERSOLL-RAND INC 43 91
    INT'L FLAVORS & FRAGRANCES INC 424 327
    INTELLIA THERAPEUTICS INC 1,228 3,862
    INTERCONTINENTAL EXCHANGE, INC 290 461
    INTERFACE INC CL A 1,653 756
    INTERNATIONAL BUSINESS MACHINE 2,912 2,518
    INTERNATIONAL PAPER CO 567 547
    INTUIT 214 380
    INVITAE CORP 803 2,676
    IPG PHOTONICS CORP 3,509 4,476
    IRON MOUNTAIN 1,948 1,769
    ITRON INC 1,257 1,822
    JINKOSOLAR HOLDING CO LTD 1,100 5,135
    JOHNSON & JOHNSON 15,317 18,256
    KANDI TECHNOLGIES, CORP 774 1,242
    KANSAS CITY SOUTHERN 320 612
    KEYCORP 299 246
    KEYSIGHT TECHNOLOGIES INC 312 660
    KIMBERLY CLARK CORP 725 944
    KONINKLIJKE PHILIPS ELECTRONIC 2,037 2,600
    KRAFT HEINZ CO 4,643 4,679
    KROGER CO 3,101 3,525
    KYOCERA CORP ADR 1,939 1,973
    LAM RESEARCH CORP 3,236 7,556
    LENNAR CORP 1,741 1,753
    LG. PHILIPS 2,346 2,110
    LINCOLN NATIONAL CORP 314 252
    LINDE PLC COM 4,123 7,115
    LOWES COMPANIES INC 4,699 9,149
    LUMENTUM HOLDINGS INC 1,727 2,654
    LYONDELLBASELL INDUSTRIES NV 1,903 1,650
    MARSH AND MCLENNAN COMPANIES I 897 1,287
    MARVELL TECHNOLOGY GROUP LTD 2,119 4,136
    MASTERCARD INC 10,439 17,847
    MATERIALISE NV 1,015 3,957
    MAXEON SOLAR TECHNOLOGIES LTD 335 567
    MCCORMICK & CO 316 574
    MEDTRONIC PLC 7,143 10,074
    MERCK & CO INC 7,064 9,816
    METLIFE INC 4,655 4,554
    MICROCHIP TECHNOLOGY INC 2,343 3,867
    MICRON TECHNOLOGY 5,771 9,473
    MICROSOFT CORP 31,046 48,932
    MILLER HERMAN INC 1,257 1,115
    MODERNA, INC. 1,980 9,716
    MOLSON COOR BREW CO CL B 285 181
    MONOLITHIC POWER SYSTEMS, INC 1,485 4,395
    MONSTER BEVERAGE CORP 392 462
    MOODYS CORP 487 871
    MOTOROLA SOLUTIONS INC 329 510
    MUELLER WATER PRODUCTS INC 1,134 1,213
    NATURAL GROCERS BY VITAMIN COT 1,017 962
    NETAPP, INC 8,053 8,081
    NIELSEN HOLDINGS N.V 283 188
    NISOURCE INC 293 275
    NORTHERN TRUST CORPORATION 320 279
    NORTONLIFELOCK INC 306 229
    NORWEGIAN CRUISE LINE HOLDINGS 267 127
    NVIDIA CORP 10,528 24,021
    OMNICELL, INC 1,322 2,280
    ORACLE CORP 2,380 3,105
    ORMAT TECHNOLOGIES 1,031 1,806
    OTIS WORLDWIDE CORP 388 405
    PACCAR INC 318 431
    PACKAGING CORP AMER 347 414
    PALO ALTO NETWORKS INC 2,227 3,554
    PARKER HANNIFIN CP 494 817
    PARNASSUS FIXED INCOME FUND IN 299,999 334,137
    PAX WORLD HIGH YIELD BOND-IN 100,000 104,361
    PAX WORLD INTERNATIONAL FD INS 199,999 220,675
    PAYPAL HOLDINGS, INC 6,195 16,628
    PENTAIR INC. COM 179 212
    PFIZER INC 8,084 8,577
    PNC FINANCIAL GROUP INC 8,167 8,642
    POWER INTEGRATIONS, INC 1,219 2,783
    PROCTER GAMBLE CO 18,527 18,506
    PROGRESSIVE CORP OHIO 1,344 2,175
    PROOFPOINT INC 2,045 2,319
    PRUDENTIAL FINCL INC 609 468
    PURE STORAGE INC 1,848 2,238
    PVH CORP 479 282
    QTS REALTY TRUST 1,107 1,795
    QUALCOMM INC 4,075 10,511
    QUANTA SVCS INC 919 1,152
    RALPH LAUREN CORP 330 311
    RAYMOND JAMES FINANCIAL INC 269 287
    REGENCY CENTERS CORP 329 228
    REGIONS FINANCIAL CORP 455 451
    REPUBLIC SVCS INC 323 482
    ROCKWELL AUTOMATION INC 494 752
    ROPER INDUSTRIES 1,806 2,587
    ROSS STORES, INC 323 491
    ROYAL CARRIBEAN CRUISE 2,921 2,017
    S&P GLOBAL INC COM 2,486 4,273
    SALESFORCE.COM 6,290 10,014
    SBA COMMUNICATIONS CORP 1,228 1,129
    SCHNITZER STEEL INDUSTRIES, IN 1,037 1,308
    SCHRODER EMERGING MKT EQUITY F 100,000 121,505
    SEAGATE TECHNOLOGY 9,711 10,878
    SEAGEN INC 1,387 3,153
    SERVICE NOW 5,812 7,706
    SIEMENS HEALTHINEERS AG 2,191 2,317
    SIERRA WIRELESS, INC 1,209 1,315
    SIMON PPTY GROUP INC 4,221 2,303
    SKYWORKS SOLUTIONS, INC 2,058 3,516
    SL GREEN REALTY CORP 347 238
    SOFTBANK CP UNSP ADR 2,387 4,639
    SOLAREDGE TECHNOLOGIES INC 800 5,425
    SOUTHWEST AIRLINES 317 280
    SPLUNK INC 1,832 2,548
    SQUARE INC 2,775 7,182
    STANLEY BLACK & DECKER INC 431 536
    STARBUCKS CORP COM 5,180 9,628
    STATE STREET CORPORATION 299 218
    STEELECASE INC 1,328 1,152
    STMICROELECTRONICS 1,748 3,378
    STRYKER CORPORATION 519 735
    SUNPOWER CORP 740 4,179
    SUNRUN INC 1,133 6,244
    SWISS RE LTD ADR 1,820 1,943
    SWITCH INC 795 1,637
    SYNCHRONY FINANCIAL 299 312
    T-MOBILE US INC 341 405
    T. ROWE PRICE GROUP 341 454
    TAIWAN SEMICONDUCTOR MFG CO LT 2,673 5,452
    TAKE-TWO INTERACTIVE SOFTWARE 299 623
    TAPESTRY INC 269 155
    TE CONNECTIVITY LTD 4,467 5,932
    TELADOC INC 2,008 4,999
    TELEDYNE TECH INC 3,153 3,920
    TERADYNE INC 2,432 4,436
    TESLA MOTORS INC 24,955 47,986
    TEXAS INSTRUMENTS INC 2,044 2,954
    THE COCA-COLA CO 13,577 14,916
    THE HAIN CELESTIAL GROUP, INC 1,762 2,489
    THE JM SMUCKER COMPANY 342 347
    THE MOSAIC CO 370 437
    THERMO FISHER SCIENTIFIC INC 3,576 7,918
    TIFFANY & CO 308 394
    TJX COMPANIES INC 3,946 5,395
    TOKYO ELECTRON LTD 1,754 4,024
    TPI COMPOSITES INC 1,280 2,692
    TRACTOR SUPPLY CO COM 361 562
    TRANE TECHNOLOGIES PLC 195 435
    TRANSDIGM GRP INC 3,807 5,570
    TRANSLATE BIO ORD SHS 883 1,622
    TRAVELERS COMPANIES INC 395 421
    TREX CO INC 1,542 3,014
    TWITTER INC 4,648 4,928
    ULTRA CLEAN HOLDINGS, INC 828 1,744
    UNDER ARMOUR INC CL A 302 292
    UNDER ARMOUR INC CL C 400 298
    UNION PACIFIC 9,162 9,370
    UNITED CONTINENTAL HOLDINGS IN 270 173
    UNITED NATURAL FOODS, INC 2,017 1,437
    UNITED PARCEL SERVICE 8,077 11,788
    UNITED RENTALS INC 364 696
    UNITEDHEALTH GROUP INC 12,380 17,885
    UNIVERSAL DISPLAY CORP 1,395 2,528
    US BANCORP 505 466
    USD CYRUSONE INC 1,658 2,268
    VAIL RESORTS INC 2,270 2,232
    VANGUARD INDEX TR VANGUARD TOT 2,202,133 3,160,108
    VANGUARD INTERMEDIATE TERM INV 162,616 177,953
    VANGUARD LONG TERM INVESTMENT 143,280 152,167
    VANGUARD SHORT-TERM CORPORATE 240,036 250,551
    VANGUARD TOT INTL BOND IX ADMI 454,236 484,235
    VANGUARD TOTAL BOND MARKET IND 512,949 564,030
    VANGUARD TOTAL INT ST IDX-AD 1,861,926 2,057,727
    VENTAS INC 309 294
    VERISK ANALYTICS, INC 319 623
    VERIZON COMMUNICATIONS 13,769 15,334
    VERTEX PHARMCTLS INC 7,514 6,854
    VESTAS WIND SYS UNSP/ADR 1,549 5,476
    VIACOMCBS INC 1,637 2,087
    VIATRIS ORD SHS 432 525
    VISA INC 12,790 19,467
    VONTIER CORPORATION 3,796 3,741
    VORNADO RLTY TR 272 149
    WABTEC 372 366
    WALGREENS BOOTS ALLIANCE 4,578 2,752
    WALT DISNEY HOLDINGS CO 10,500 17,756
    WASTE MANAGEMENT INC 1,875 2,712
    WELLTOWER INC. 321 388
    WESTROCK COMPANY 296 218
    WHERE FOOD COMES FROM ORD SHS 652 1,400
    WILLIS TOWERS WATSON PUBLIC LT 446 632
    XEROX HOLDINGS CORPORATION 940 1,067
    XPERI HOLDING CORP 1,080 1,317
    XYLEM INC 2,305 3,054
    YUM BRANDS INC 1,568 1,954
    ZEBRA TECHNOLOGIES CORP 4,522 5,765
    ZENDESK INC 1,965 3,721
    ZIMMER BIOMET HOLDINGS 346 462
    ZOETIS INC 334 662

    TY 2020 LegalFeesSchedule
    Name:
    The Sand Foundation
    EIN:
    81-3209913
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    General Consultations 228     228


    TY 2020 OtherDecreasesSchedule
    Name:
    The Sand Foundation
    EIN:
    81-3209913
    Description Amount
    PRIOR PERIOD ADJUSTMENTS 251


    TY 2020 OtherExpensesSchedule
    Name:
    The Sand Foundation
    EIN:
    81-3209913
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 27,553     27,553
    Bank Charges 54 54    
    Foundation Dues & Memberships 1,000     1,000
    Indemnification Insurance 1,181     1,181


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    The Sand Foundation
    EIN:
    81-3209913
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 33,239 33,239    
    Philanthropic Consulting Srvcs 96,000     96,000


    TY 2020 TaxesSchedule
    Name:
    The Sand Foundation
    EIN:
    81-3209913
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2020 1,300      
    Foreign Tax Paid 3 3