TY 2020 Form 990PF

- TIN:

Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0052

2020

Open to Public Inspection

For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020

Name of foundation
THE WASIE FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)230 MANITOBA AVENUE SOUTH
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
WAYZATA, MN553911612

A Employer identification number

41-0911636

B Telephone number (see instructions)

(952) 955-8500

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$17,768,066J Accounting method: Cash Accrual
Other (specify)Modified Cash
(Part I, column (d) must be on cash basis.)

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


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	123,758		123,758
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		-814,100
b	Gross sales price for all assets on line 6a 10,665,410
7	Capital gain net income (from Part IV, line 2)...			0
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).......		35,975	24,212
12	Total. Add lines 1 through 11........	-654,367		147,970
13	Compensation of officers, directors, trustees, etc.	316,381		36,990	279,391
14	Other employee salaries and wages......	70,198		0	70,198
15	Pension plans, employee benefits.......	123,820		0	123,820
16a	Legal fees (attach schedule).........		750	0	750
b	Accounting fees (attach schedule).......		49,780	0	48,580
c	Other professional fees (attach schedule)....		100,364	100,364	0
17	Interest...............	94		94	0
18	Taxes (attach schedule) (see instructions)...		932	932	0
19	Depreciation (attach schedule) and depletion...		36,005	0
20	Occupancy..............	22,807		0	22,807
21	Travel, conferences, and meetings.......	9,663		0	9,663
22	Printing and publications..........	497		0	497
23	Other expenses (attach schedule).......		63,687	23,892	39,795
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	794,978		162,272	595,501
25	Contributions, gifts, grants paid.......	591,369			591,369
26	Total expenses and disbursements. Add lines 24 and 25	1,386,347		162,272	1,186,870
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-2,040,714
b	Net investment income (if negative, enter -0-)			0
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	139,220	156,121	156,121
	2	Savings and temporary cash investments.........	472,990	2,767,709	2,767,709
	3	Accounts receivable 48,292
		Less: allowance for doubtful accounts	32,071	48,292	48,292
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	2,911,891	0	0
	b	Investments—corporate stock (attach schedule).......	4,304,040	5,592,787	5,592,787
	c	Investments—corporate bonds (attach schedule).......	744,743	0	0
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	8,881,115	8,167,973	8,167,973
	14	Land, buildings, and equipment: basis 1,689,541
		Less: accumulated depreciation (attach schedule) 654,357	1,071,189	1,035,184	1,035,184
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	18,557,259	17,768,066	17,768,066
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	18,557,259	17,768,066
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds
	29	Total net assets or fund balances (see instructions).....	18,557,259	17,768,066
	30	Total liabilities and net assets/fund balances (see instructions).	18,557,259	17,768,066

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............

18,557,259

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

-2,040,714

Other increases not included in line 2 (itemize) bullet

1,496,521

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

18,013,066

Decreases not included in line 2 (itemize) bullet

245,000

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

17,768,066

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
1 a	SALE OF PUBLICLY TRADED SECURITIES
b	ALLIED INVENTORS FUND, LLC	P
c	RHO FUND INVESTORS 2005 LP	P
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	10,665,410	11,078,230	-412,820
b			7,904
c			-114,142
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			-412,820
b			7,904
c			-114,142
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	-519,058
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Part V

Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income

SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE

1 Reserved

(a) Reserved	(b) Reserved	(c) Reserved	(d) Reserved

Reserved...........................

Reserved,..........................

Form 990-PF (2020)

Page 4

Part VI

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Reserved................................	1	0
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	0
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	0
6	Credits/Payments:

a	2020 estimated tax payments and 2019 overpayment credited to 2020	6a	25,413
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ...........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	25,413
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	25,413
11	Enter the amount of line 10 to be: Credited to 2021 estimated tax25,413	Refunded	11	0

Part VII-A

Statements Regarding Activities

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

Yes

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

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

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

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

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

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

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

(1) On the foundation. bullet

$ 0(2) On foundation managers. bullet

$ 0

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

on foundation managers. bullet

$ 0

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

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

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

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

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

Yes

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Yes

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XV..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.

If "Yes," complete Part XIV .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2020)

Page 5

Part VII-A

Statements Regarding Activities (continued)

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions Click to see attachment

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

Yes

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement. See instructions.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

WWW.WASIE.ORG

The books are in care of bullet

DANILLE B MATHISON Telephone no. bullet

(952) 955-8500

Located at bullet

230 MANITOBA AVE SOUTHWAYZATAMN ZIP+4 bullet

553911612

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here ......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ........ bullet

16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country? .................

16 No

See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country bullet

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?......................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)?...............YesNo

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.).......YesNo

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2020?.............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2020, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2020?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?......................YesNo

If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2020.)..................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?

Form 990-PF (2020)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?.............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?.....YesNo

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant?..........YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....

Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or

excess parachute payment during the year? .................YesNo

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation. See instructions

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation
GREGG D SJOQUIST	PRESIDENT/CEO/DIRECTOR 45.00	184,952	49,753
230 MANITOBA AVE SOUTH WAYZATA,MN553911612	PRESIDENT/CEO/DIRECTOR 45.00	184,952	49,753
REGINA C BERGERON	VICE PRES/TREAS/DIRECTOR 5.00	8,151	624
230 MANITOBA AVE SOUTH WAYZATA,MN553911612	VICE PRES/TREAS/DIRECTOR 5.00	8,151	624
LINDA M COOKE	SECRETARY/DIRECTOR 5.00	8,151	631
230 MANITOBA AVE SOUTH WAYZATA,MN553911612	SECRETARY/DIRECTOR 5.00	8,151	631
DANILLE B MATHISON	COO/ASST TREAS/ASST SEC 40.00	115,127	34,284
230 MANITOBA AVE SOUTH WAYZATA,MN553911612	COO/ASST TREAS/ASST SEC 40.00	115,127	34,284

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
JAN L PREBLE	VICE PRESIDENT OF PR 24.00	70,198	36,272	0
230 MANITOBA AVENUE SOUTH WAYZATA,MN553911612	VICE PRESIDENT OF PR 24.00	70,198	36,272	0








Total number of other employees paid over $50,000...................				0

Form 990-PF (2020)

Page 7

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
BESSEMER TRUST	INVESTMENT MANAGEMENT	100,364
3777 TAMIAMI TRAIL N SUITE 200 NAPLES,FL34103	INVESTMENT MANAGEMENT	100,364

Total number of others receiving over $50,000 for professional services............. bullet

Part IX-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


2


3


4

Part IX-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Form 990-PF (2020)

Page 8

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

10,591,161

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

5,376,056

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

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

15,967,217

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

15,967,217

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

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

239,508

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

15,727,709

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

786,385

Part XI

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow

and do not complete this part.)

Minimum investment return from Part X, line 6....................

786,385

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

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

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

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

786,385

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

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

786,385

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

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

786,385

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

1,186,870

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

1,186,870

Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment

income. Enter 1% of Part I, line 27b. See instructions.................

Adjusted qualifying distributions. Subtract line 5 from line 4..............

1,186,870

Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.

Form 990-PF (2020)

Page 9

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2019	(c) 2019	(d) 2020
1 Distributable amount for 2020 from Part XI, line 7					786,385
2 Undistributed income, if any, as of the end of 2020:
a Enter amount for 2019 only.......				0
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2020:
a From 2015......	1,718,193
b From 2016......	1,715,496
c From 2017......	289,372
d From 2018......	162,870
e From 2019......	228,604
fTotal of lines 3a through e........		4,114,535
4Qualifying distributions for 2020 from Part
XII, line 4: $ 1,186,870
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.....					786,385
e Remaining amount distributed out of corpus		400,485
5 Excess distributions carryover applied to 2020.		0			0
(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		4,515,020
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2019. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2020. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2021 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2015 not applied on line 5 or line 7 (see instructions) ...		1,718,193
9Excess distributions carryover to 2021. Subtract lines 7 and 8 from line 6a ......		2,796,827
10 Analysis of line 9:
a Excess from 2016....	1,715,496
b Excess from 2017....	289,372
c Excess from 2018....	162,870
d Excess from 2019....	228,604
e Excess from 2020....	400,485

Form 990-PF (2020)

Page 10

Part XIV

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

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

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

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

b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed...
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XV

Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

aThe name, address, and telephone number or email address of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Form 990-PF (2020)

Page 11

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
AVOW HOSPICE INC 1096 WHIPPOORWILL LANE NAPLES,FL34105	N/A	PC	PROGRAM SUPPORT	5,000
BREANNA'S GIFT 4046 - 23RD AVENUE SOUTH MINNEAPOLIS,MN55407	N/A	PC	PROGRAM SUPPORT	5,000
CLINIC FOR THE REHABILITATION OF WILDLIFE INC PO BOX 150 SANIBEL,FL33957	N/A	PC	GENERAL OPERATIONS	5,000
COLLIER COUNTY CHILD CARE RESOURCES INC 2335 TAMIAMI TRAIL NORTH SUITE 504 NAPLES,FL34103	N/A	PC	GENERAL OPERATIONS	5,000
FLORIDA CITIZENS' ALLIANCE INC 1390 QUINTARA COURT MARCO ISLAND,FL34145	N/A	PC	GENERAL OPERATIONS	5,000
GILDA'S CLUB TWIN CITIES INC 10560 WAYZATA BOULDEVARD MINNETONKA,MN55305	N/A	PC	CAPACITY BUILDING	1,900
GILDA'S CLUB TWIN CITIES INC 10560 WAYZATA BOULDEVARD MINNETONKA,MN55305	N/A	PC	GENERAL OPERATIONS	10,000
GOLDEN PAWS ASSISTANCE DOGS INC 3173 HORSESHOE DRIVE SOUTH NAPLES,FL34104	N/A	PC	CAPACITY BUILDLING	2,666
JESSICA JUNE CHILDREN'S CANCER FOUNDATION INC 1600 SOUTH ANDREWS AVENUE FORT LAUDERDALE,FL33316	N/A	PC	GENERAL OPERATIONS	5,000
JOE DIMAGGIO CHILDREN'S HOSPITAL FOUNDATION 3329 JOHNSON STREET HOLLYWOOD,FL33021	N/A	PC	CAPITAL IMPROVEMENTS	300,000
LEE MEMORIAL HEALTH SYSTEM FOUNDATION INC 9800 SOUTH HEALTHPARK DRIVE SUITE 405 FORT MYERS,FL33908	N/A	PC	PROGRAM SUPPORT	5,000
OUR LADY OF PEACE 2076 SAINT ANTHONY AVENUE SAINT PAUL,MN55401	N/A	PC	CAPITAL IMPROVEMENTS	10,000
PEDIATRIC ONCOLOGY SUPPORT TEAM INC 5325 GREENWOOD AVENUE SUITE 301 WEST PALM BEACH,FL33407	N/A	PC	PROGRAM SUPPORT	5,000
PEGGY ADAMS ANIMAL RESCUE LEAGUE OF THE PALM BEACHES INC 3100/3200 NORTH MILITARY TRAIL WEST PALM BEACH,FL33409	N/A	PC	CAPITAL IMPROVEMENTS	12,500
REIN IN SARCOMA 3312 RICHMOND AVENUE SHOREVIEW,MN551263842	N/A	PC	GENERAL OPERATIONS	5,000
SOUTH FLORIDA WILDLIFE CENTER INC 3200 SW 4TH AVENUE FORT LAUDERDALE,FL33315	N/A	PC	GENERAL OPERATIONS	5,000
ST MARY'S UNIVERSITY OF MINNESOTA 700 TERRACE HEIGHTS WINONA,MN55987	N/A	PC	SCHOLARSHIP PROGRAM	24,303
THE HUMANE SOCIETY OF GREATER JUPITER-TEQUESTA INC 100 CAPITAL STREET JUPITER,FL33458	N/A	PC	PROGRAM SUPPORT	5,000
THE IMMOKALEE FOUNDATION INC 2375 TAMIAMI TRAIL NORTH SUITE 308 NAPLES,FL34103	N/A	PC	PROGRAM SUPPORT	50,000
UNIVERSITY OF MINNESOTA FOUNDATION 200 OAK STREET SE SUITE 500 MINNEAPOLIS,MN554552010	N/A	PC	RESEARCH	125,000
Total ................................. 3a				591,369

bApproved for future payment
JESSICA JUNE CHILDREN'S CANCER FOUNDATION INC 1600 SOUTH ANDREWS AVENUE FORT LAUDERDALE,FL33316	N/A	PC	GENERAL OPERATIONS	5,000
PEGGY ADAMS ANIMAL RESCUE LEAGUE OF THE PALM BEACHES INC 3100/3200 NORTH MILITARY TRAIL WEST PALM BEACH,FL33409	N/A	PC	CAPITAL IMPROVEMENTS	12,500
THE IMMOKALEE FOUNDATION INC 2375 TAMIAMI TRAIL NORTH SUITE 308 NAPLES,FL34103	N/A	PC	PROGRAM SUPPORT	200,000
Total ................................. 3b				217,500

Form 990-PF (2020)

Page 12

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities....			14	123,758
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.....			01	35,975
8 Gain or (loss) from sales of assets other than inventory ............			18	-814,100
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)..		0		-654,367	0

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

-654,367

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2020)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Yes

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

Yes

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

Yes

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

Yes

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
1a(1)	245,000	WASIE PROPERTIES INC	TRANSFER OF CASH FROM THE WASIE FOUNDATION TO WASIE PROPERTIES, INC. FOR OPERATING EXPENSES.
1b(4)	8,359	WASIE PROPERTIES INC	REIMBURSEMENTS FROM WASIE PROPERTIES, INC. TO THE WASIE FOUNDATION FOR COMMUNICATIONS, SUPPLIES, POSTAGE, AND REPAIRS/MAINTENANCE.
1c	39,933	WASIE PROPERTIES INC	SHARING OF FACILITIES, EQUIPMENT, AND VARIOUS OTHER EXPENSES FROM THE WASIE FOUNDATION TO WASIE PROPERTIES, INC. FOR OFFICE RENT, EMPLOYEE BENEFITS, AND DEFINED CONTRIBUTION PLANS.

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........Yes No

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship
WASIE PROPERTIES INC	501(C)(2)	THE WASIE FOUNDATION IS THE PARENT OF A 501(C)(2) SINGLE-PARENT TITLE HOLDING COPORATION, WASIE PROPERTIES, INC. (EIN: 20-0715949). THE WASIE FOUNDATION TRANSFERS FUNDS TO WASIE PROPERTIES, INC. AS NEEDED TO ACQUIRE PROPERTY HELD FOR INVESTMENT PURPOSES. IN ADDITION, THE FOUNDATION RECEIVES REIMBURSEMENT FROM WASIE PROPERTIES, INC. FOR A PORTION OF THE ADMINISTRATIVE EXPENSES. THESE EXPENSES INCLUDE FACILITIES, EQUIPMENT, AND PAID EMPLOYEES.

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2020)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2020 AccountingFeesSchedule

Name:

THE WASIE FOUNDATION

EIN:

41-0911636

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING, BOOKKEEPING AND TAX SERVICES	49,780	0		48,580

- TIN:

TY 2020 GeneralExplanationAttachment

Name:

THE WASIE FOUNDATION

EIN:

41-0911636

Identifier	Return Reference	Explanation
CONTROLLED ENTITIES	FORM 990-PF, PART VII-A, LINE 11	THE FOLLOWING CONTROLLED ENTITY IS NOT AN EXCESS BUSINESS HOLDING:WASIE PROPERTIES, INC.EIN# 20-0715949230 MANITOBA AVENUE SOUTHWAYZATA, MN 55391-1612

- TIN:

TY 2020 InvestmentsCorpStockSchedule

Name:

THE WASIE FOUNDATION

EIN:

41-0911636

Name of Stock	End of Year Book Value	End of Year Fair Market Value
WEST PHARMACEUTICAL (WST) 35.000 SHARES	9,915	9,915
ADOBE INC (ADBE) 125.000 SHARES	62,515	62,515
ADVANCE AUTO PARTS (AAP) 217.000 SHARES	34,179	34,179
AIA GROUP LTD () 2,497.000 SHARES	30,586	30,586
AIR PRODUCTS & CHEMICALS (APD) 200.000 SHARES	54,644	54,644
AIRBUS SE (AIR.PA) 275.000 SHARES	30,296	30,296
ALIBABA GROUP HOLDINGS (BABA) 356.000 SHARES	82,850	82,850
ALIMENTATION COUCHE-TARD (ANCUF) 810.000 SHARES	27,569	27,569
ALPHABET INC CLASS C (GOOG) 126.000 SHARES	220,735	220,735
AMAZON.COM INC (AMZN) 68.000 SHARES	221,470	221,470
AMEREN CORP (AEE) 431.000 SHARES	33,643	33,643
AMERICAN TOWER CORP (AMT) 256.000 SHARES	57,461	57,461
AMERICAN WATER WORKS (AWK) 189.000 SHARES	29,005	29,005
AMETEK INC NEW (AME) 264.000 SHARES	31,928	31,928
AMPHENOL CORP (APH) 331.000 SHARES	43,284	43,284
ANSYS INC (ANSS) 83.000 SHARES	30,195	30,195
ANTA SPORTS PRODUCTS LTD (ANPDF) 1,786.000 SHARES	28,302	28,302
AON PLC (AON) 140.000 SHARES	29,577	29,577
APPLE INC (AAPL) 2,097.000 SHARES	278,250	278,250
APTARGROUP (ATR) 178.000 SHARES	24,366	24,366
ASML HOLDING (ASML) 136.000 SHARES	66,344	66,344
ASPEN TECHOLOGY (AZPN) 90.000 SHARES	11,722	11,722
ATLAS COPCO AB A (ATLKY) 346.000 SHARES	17,688	17,688
AUTODESK INC (ADSK) 78.000 SHARES	23,816	23,816
BANK OF AMERICA CORP (BAC) 4,064.000 SHARES	123,179	123,179
BLACKROCK INC (BLK) 58.000 SHARES	41,849	41,849
BLACKSTONE GROUP INC (BX) 1,464.000 SHARES	94,881	94,881
BRISTOL-MYERS SQUIBB CO (BMY) 483.000 SHARES	29,960	29,960
BURLINGTON STORES (BURL) 133.000 SHARES	34,786	34,786
CADENCE DESIGN SYSTEMS INC (CDNS) 160.000 SHARES	21,828	21,828
CDW CORP (CDW) 183.000 SHARES	24,117	24,117
CHARTER COMMUNICATIONS (CHTR) 131.000 SHARES	86,663	86,663
CHEVRON CORP (CVX) 444.000 SHARES	37,495	37,495
CHUBB LIMITED (CB) 221.000 SHARES	34,016	34,016
CINTAS CORP (CTAS) 111.000 SHARES	39,234	39,234
CITIGROUP INC (C) 755.000 SHARES	46,553	46,553
CMC MATERIALS INC (CCMP) 201.000 SHARES	30,411	30,411
COMCAST CORP CL A NEW (CMCSA) 487.000 SHARES	25,518	25,518
CONOCO PHILLIPS (COP) 871.000 SHARES	34,831	34,831
COOPER COS INC (COO) 114.000 SHARES	41,418	41,418
COSTCO WHSL CORP NEW (COST) 62.000 SHARES	23,360	23,360
DANAHER CORP (DHR) 446.000 SHARES	99,074	99,074
DOLLARAMA INC (DLMAF) 820.000 SHARES	33,378	33,378
DOVER CORP (DOV) 241.000 SHARES	30,426	30,426
EQUIFAX INC (EFX) 180.000 SHARES	34,711	34,711
FACEBOOK INC-A (FB) 629.000 SHARES	171,817	171,817
FIDELITY NATL INFO SVCS (FIS) 505.000 SHARES	71,437	71,437
FISERVE INC (FISV) 286.000 SHARES	32,563	32,563
FORTIVE CO (FTV) 541.000 SHARES	38,313	38,313
GENERAL ELECTRIC CO (GE) 2,473.000 SHARES	26,708	26,708
HDFC BANK LTD ADR REPS3 (HDB) 490.000 SHARES	35,407	35,407
HILTON WORLDWIDE HOLDINGS (HLT) 434.000 SHARES	48,286	48,286
HOME DEPOT (HD) 119.000 SHARES	31,608	31,608
HONEYWELL INTL INC (HON) 145.000 SHARES	30,841	30,841
IAA INC (IAA) 551.000 SHARES	35,803	35,803
IDEX CORP (IEX) 77.000 SHARES	15,338	15,338
IQVIA HOLDINGS INC (IQV) 491.000 SHARES	87,972	87,972
ISHARES MSCI EUROPE FINANCE (EUFN) 934.000 SHARES	16,347	16,347
JP MORGAN CHASE (JPM) 418.000 SHARES	53,115	53,115
KANSAS CITY SOUTHERN (KSU) 145.000 SHARES	29,598	29,598
KEYENCE CORP (KYCCF) 71.000 SHARES	39,891	39,891
KEYSIGHT TECHNOLOGIES INC (KEYS) 222.000 SHARES	29,323	29,323
L3 HARRIS TECHNOLOGIES (LHX) 74.000 SHARES	13,987	13,987
LAB CORP (LH) 134.000 SHARES	27,275	27,275
LINDE PLC (LIN) 111.000 SHARES	29,249	29,249
LONDON STOCK EXCHANGE (LS4C.DU) 260.000 SHARES	31,975	31,975
LOREAL (OR.PA) 46.000 SHARES	17,543	17,543
LOWES COS INC (LOW) 180.000 SHARES	28,891	28,891
LVMH MOET HENNESSY VUITTON (MC.PA) 79.000 SHARES	49,527	49,527
MASTERCARD CL A (MA) 126.000 SHARES	44,974	44,974
MATCH GROUP INC (MTCH) 217.000 SHARES	34,179	34,179
MCDONALD'S CORP (MCD) 75.000 SHARES	16,093	16,093
MICROSOFT CORP (MSFT) 1,407.000 SHARES	312,944	312,944
NASDAQ INC (NDAQ) 235.000 SHARES	31,193	31,193
NEW ORIENTAL ED&TECH ADR (EDU) 161.000 SHARES	29,915	29,915
NEXTERA ENERGY (NEE) 421.000 SHARES	32,480	32,480
NICE LTD ADR (NICE) 99.000 SHARES	28,070	28,070
NIKE INC CL B (NKE) 595.000 SHARES	84,174	84,174
NVIDIA CORP (NVDA) 42.000 SHARES	21,932	21,932
PAYCOM SOFTWARE INC (PAYC) 39.000 SHARES	17,637	17,637
PEPSICO INC (PEP) 463.000 SHARES	68,662	68,662
PIONEER NATURAL RESOURCES (PXD) 162.000 SHARES	18,450	18,450
PROCTER & GAMBLE CO (PG) 184.000 SHARES	25,601	25,601
RELIANCE INDS GDR (RIGD.IL) 390.000 SHARES	21,333	21,333
RENTOKIL INITIAL PLC (RTOKY) 3,534.000 SHARES	24,587	24,587
ROSS STORES INC (ROST) 694.000 SHARES	85,229	85,229
S&P GLOBAL INC (SPGI) 86.000 SHARES	28,270	28,270
SAFRAN SA (SAFRY) 339.000 SHARES	48,233	48,233
SCHNEIDER ELECTRIC (SU.PA) 193.000 SHARES	28,017	28,017
SCHWAB CHARLES CORP NEW (SCHW) 625.000 SHARES	33,150	33,150
SEA LTD ADR (SE) 245.000 SHARES	48,768	48,768
SERVICENOW INC (NOW) 95.000 SHARES	52,290	52,290
SHERWIN-WILLIAMS CO (SHW) 35.000 SHARES	25,721	25,721
SMITH A O CORP (AOS) 436.000 SHARES	23,901	23,901
SS&C TECHNOLOGIES HOLDINGS (SSNC) 327.000 SHARES	23,789	23,789
STERIS PLC (STE) 165.000 SHARES	31,274	31,274
SYNOPSYS INC (SNPS) 165.000 SHARES	42,774	42,774
TELEFLEX INC (TFX) 87.000 SHARES	35,806	35,806
TENCENT HOLDINGS LTD (TCEHY) 1,464.000 SHARES	106,464	106,464
TEXAS INSTRUMENTS INC (TXN) 530.000 SHARES	86,988	86,988
THERMO FISHER SCIENTIFIC (TMO) 212.000 SHARES	98,744	98,744
UNION PACIFIC CORP (UNP) 454.000 SHARES	94,531	94,531
UNITEDHEALTH GROUP INC (UNH) 326.000 SHARES	114,320	114,320
US FOODS HOLDING CORP (USFD) 615.000 SHARES	20,485	20,485
VERISK ANALYTICS INC (VRSK) 98.000 SHARES	20,343	20,343
VISA INC (V) 695.000 SHARES	150,646	150,646
WALMART INC (WMT) 183.000 SHARES	26,379	26,379
WEX INC (WEX) 171.000 SHARES	34,803	34,803
WYNDHAM HOTELS & RESORT (WH) 340.000 SHARES	20,209	20,209
ZOETIS INC (ZTS) 354.000 SHARES	58,587	58,587

- TIN:

TY 2020 InvestmentsOtherSchedule2

Name:

THE WASIE FOUNDATION

EIN:

41-0911636

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
MOUNT KELLETT CAPITAL PARTNERS (CAYMAN) II, LP	FMV	115,735	115,735
ALLIED INVENTORS FUND, LLC	FMV	185,704	185,704
OW CREDIT INCOME FUND (OWCIX) 92,461.756 SHARES	FMV	944,034	944,034
OW SMALL & MIDCAP STRAT FD (OWSMX) 94,712.416 SHARES	FMV	1,744,602	1,744,602
OW FIXED INCOME FUND (OWFIX) 195,578.67 SHARES	FMV	2,268,712	2,268,712
OW LARGE CAP STRATEGIES FD (OWLSX) 169,730.837 SHARES	FMV	2,909,186	2,909,186

- TIN:

TY 2020 LandEtcSchedule2

Name:

THE WASIE FOUNDATION

EIN:

41-0911636

Category / Item	Cost / Other Basis	Accumulated Depreciation	Book Value	End of Year Fair Market Value
OFFICE FURNITURE AND EQUIPMENT, SUITE 110	267,338	267,338	0
BUILDING, SUITE 110	1,422,203	387,019	1,035,184	1,035,184

- TIN:

TY 2020 LegalFeesSchedule

Name:

THE WASIE FOUNDATION

EIN:

41-0911636

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
LEGAL FEES	750	0		750

- TIN:

TY 2020 OtherDecreasesSchedule

Name:

THE WASIE FOUNDATION

EIN:

41-0911636

Description	Amount
NET ASSETS TRANSFERRED DURING THE YEAR TO WASIE PROPERTIES, INC.	245,000

- TIN:

TY 2020 OtherExpensesSchedule

Name:

THE WASIE FOUNDATION

EIN:

41-0911636

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
INSURANCE	5,962	0	5,962
BANK CHARGES	366	366	0
MISCELLANEOUS	8,842	0	8,842
MEMBERSHIP EXPENSE	6,173	0	6,173
OFFICE SUPPLIES	6,523	0	6,523
PAYROLL PROCESSING FEES	2,510	0	2,510
POSTAGE AND DELIVERY	1,585	0	1,585
REPAIRS AND MAINTENANCE	7,925	0	7,925
EDUCATION	275	0	275
PARTNERSHIP EXPENSES	23,526	23,526	0

- TIN:

TY 2020 OtherIncomeSchedule2

Name:

THE WASIE FOUNDATION

EIN:

41-0911636

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
RENTAL INCOME	93,547	93,547	93,547
ORDINARY LOSS THROUGH LIMITED PARTNERSHIPS	-57,572	-69,335	-57,572

- TIN:

TY 2020 OtherIncreasesSchedule

Name:

THE WASIE FOUNDATION

EIN:

41-0911636

Description	Amount
UNREALIZED GAIN ON INVESTMENTS	1,496,521

- TIN:

TY 2020 OtherProfessionalFeesSchedule

Name:

THE WASIE FOUNDATION

EIN:

41-0911636

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES	100,364	100,364		0

- TIN:

TY 2020 TaxesSchedule

Name:

THE WASIE FOUNDATION

EIN:

41-0911636

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAXES PAID	932	932		0

- TIN:

TY 2020 TransfersToControlledEntities

Name:

THE WASIE FOUNDATION

EIN:

41-0911636

Name	US / Foreign Address	EIN	Description	Amount
WASIE PROPERTIES INC	230 MANITOBA AVENUE SOUTH WAYZATA,MN553911612	20-0715949	CASH TRANSFERRED FOR OPERATING EXPENSES AND REIMBURSEMENTS FOR SHARED COSTS.	245,000
Total				245,000