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 GREEN FERN FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)50 SOUTH SIXTH STREET NO 1500
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MINNEAPOLIS, MN55402
A Employer identification number

46-2692732
B Telephone number (see instructions)

(612) 492-6813
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$124,254,493J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,407,672 1,410,555  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 338,084
b Gross sales price for all assets on line 6a 41,970,843
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)....... Click to see attachment 61,421 1,713,651  
12 Total. Add lines 1 through 11........ 1,807,177 3,124,206  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 20,000 10,000   10,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 944 472   472
b Accounting fees (attach schedule)....... Click to see attachment 70,091 44,443   15,627
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 74,090 70,323   0
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 704,914 770,419   258,255
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 870,039 895,657   284,354
25 Contributions, gifts, grants paid....... 6,302,000 6,302,000
26 Total expenses and disbursements. Add lines 24 and 25 7,172,039 895,657   6,586,354
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -5,364,862
b Net investment income (if negative, enter -0-) 2,228,549
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............. 646,986 292,047 292,047
2 Savings and temporary cash investments......... 2,724,575 4,482,511 4,482,511
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)....... 31,175,889 Click to see attachment23,600,745 30,229,005
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 75,937,332 Click to see attachment76,744,617 89,250,930
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) 110,484,782 105,119,920 124,254,493
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........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 110,484,782 105,119,920
29 Total net assets or fund balances (see instructions)..... 110,484,782 105,119,920
30 Total liabilities and net assets/fund balances (see instructions). 110,484,782 105,119,920
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
110,484,782
2
Enter amount from Part I, line 27a .....................
2
-5,364,862
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
105,119,920
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
105,119,920
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 P 2020-01-01 2020-12-31
b CAPITAL GAIN DISTRIB. FROM PUBLICLY TRADED SEC. P 2020-01-01 2020-12-31
c CAPITAL GAINS FROM SCHEDULE K-1S P 2020-01-01 2020-12-31
d CAPITAL GAINS FROM FOREIGN CORPORATIONS P 2020-01-01 2020-12-31
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 41,582,330   41,243,282 339,048
b 76,441     76,441
c 312,072     312,072
d     942,384 -942,384
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       339,048
b       76,441
c       312,072
d       -942,384
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 -214,823
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 30,977
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 30,977
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 30,977
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 49,616
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 49,616
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 18,639
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet18,639 RefundedBullet 11 0
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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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)
    bulletMN
    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 instructionsClick to see attachment.................
    12
    Yes
     
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletSONNY MILLER Telephone no.bullet (612) 492-6813

    Located atbullet50 SOUTH SIXTH STREET STE 1500MINNEAPOLISMN ZIP+4bullet55402
    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
     
    No
    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
    JOHN OTTERLEI PRESIDENT/TREASURER
    1.00     		10,000 0 0
    101 FIFTH EAST STREET SUITE 2400
    ST PAUL,MN55101
    SONNY MILLER VICE PRESIDENT/SECRETARY
    1.00     		10,000 0 0
    50 SOUTH SIXTH STREET SUITE 1500
    MINNEAPOLIS,MN55402
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    CAMBRIDGE ASSOCIATES INVESTMENT ADVISORY SERVICES 321,249
    125 HIGH STREET OLIVER TOWER
    BOSTON,MA02110
    ALMUNA LLC PHILANTHROPIC ADVISORY SERVICES 257,914
    1209 ORANGE STREET
    WILMINGTON,DE19801
    US BANK FINANCIAL SERVICES 92,463
    1555 N RIVERCENTER DR SUITE 300
    MILWAUKEE,WI53212
    DELOITTE TAX LLP TAX ADVISORY SERVICES 52,091
    50 S SIXTH STREET 2800
    MINNEAPOLIS,MN55402
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    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.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    65,283,839
    b
    Average of monthly cash balances.......................
    1b
    1,276,994
    c
    Fair market value of all other assets (see instructions)................
    1c
    44,448,148
    d
    Total (add lines 1a, b, and c).........................
    1d
    111,008,981
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    111,008,981
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,665,135
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    109,343,846
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    5,467,192
    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
    5,467,192
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    30,977
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    30,977
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    5,436,215
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    5,436,215
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    5,436,215
    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
    6,586,354
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    6,586,354
    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
    6,586,354
    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 5,436,215
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 4,743,004
    b Total for prior years:20, 20, 20 0
    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........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 6,586,354
    a Applied to 2019, but not more than line 2a 4,743,004
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 1,843,350
    e Remaining amount distributed out of corpus 0
    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 0
    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 ..........     		3,592,865
    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) ...     		0
    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....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or 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
    FIDELITY CHARITABLE GIFT FUND
    PO BOX 770001
    CINCINNATI,OH452770053     		N/A PC GENERAL OPERATIONS 6,302,000
    Total .................................bullet 3a 6,302,000
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 1,407,672  
    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.....     16 61,421  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 338,084  
    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 1,807,177 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,807,177
    (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 GREEN FERN FOUNDATION
    EIN:
    46-2692732
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 70,091 44,443   15,627

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    THE GREEN FERN FOUNDATION
    EIN:
    46-2692732
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ALIGN TECHNOLOGY INC 85,977 258,640
    ALTERYX INC 238,090 240,779
    COSTAR GROUP INC. 106,236 239,389
    GARTNER INC. 200,123 235,159
    INTERACTIVE BROKERS GROUP CI A 217,777 208,773
    PEGASYSTEMS INC 218,796 376,993
    SQUARE INC A 161,241 595,898
    WAYFAIR INC 133,427 346,844
    WORKDAY INC 243,741 435,851
    AMN 72,970 87,360
    AEROJET 108,994 143,752
    AMERISAFE INC. 58,492 55,420
    ARES CAPITAL 50,764 63,844
    ELEMENT 70,362 120,377
    ENERSYS 95,462 142,033
    EVOQUA WATER 110,975 188,320
    EXTENDED STAY 92,101 113,593
    FIRSTCASH INC 79,488 77,744
    HOWARD HUGHES CORP 59,915 91,953
    KEMPER CORP 71,517 84,897
    MSC INDL 76,167 108,863
    MARRIOTT VACATIONS WORLD 58,605 102,229
    NV5 GLOBAL INC 77,319 133,926
    PERSPECTA INC 81,829 91,143
    RUSH ENTERPRISES INC. 62,096 104,378
    TEGNA INC 88,902 112,856
    THERMON GROUP HOLDINGS INC 46,662 49,703
    UNIFIRST CORP 60,582 79,384
    UPLAND SOFTWARE INC. 69,669 100,270
    VERTIV HOLDINGS LLC 107,171 181,472
    VIASAT INC 109,176 89,298
    WESCO 50,686 145,618
    WW INTERNATIONAL INC 85,734 86,742
    ZEBRA TECHNOLOGIES CORP CI A 137,080 224,833
    ONESPAWORLD 74,529 127,967
    ALPHABET INC. CAP STK CL C 187,294 259,278
    ANHEUSER BUSCH INBEV SA NV SHS ISIN 163,160 124,357
    BERKSHIRE HATHAWAY INC DEL CL A 283,873 347,815
    BERKSHIRE HATHWAY INC DEL CL B NEW 101,103 123,819
    BROWN FORMAN CORP CL A 64,293 95,511
    BROWN FORMAN CORP CL B 712 1,191
    CABLE ONE INC COM 32,178 33,416
    CIE FINANCIERE RICHEMONT AG ZUG NAMEN AKT 182,786 203,926
    COMCAST CORP CL A 73,927 104,276
    HEINEKIN HLDG NV SHS 239,624 236,883
    JP MORGAN CHASE & CO COM 124,444 172,053
    MARTIN MARIETTA MATLS INC COM 66,568 88,031
    MASTERCARD INC. CL A COM 262,787 475,444
    NESTLE SA SPONSORED ADR REPSTG REG SHS 254,622 384,617
    PERNOD RICARD ORD SHS 207,182 244,198
    PHILIP MORRIS INTL INC COM 235,704 243,485
    UNILEVER NV NEW YORK SHS NEW 199,358 218,322
    COMPAGNIE FINANCIERE RICHEMONT SA WARRANT 0 1,155
    AFLAC INC 13,515 13,163
    A E S CORP 3,878 6,792
    AT T INC 103,806 88,149
    ABBOTT LABORATORIES 68,693 85,402
    ABBVIE INC 60,809 80,148
    ABIOMED INC 2,970 5,187
    ACTIVISION BLIZZARD INC 17,005 27,112
    ADOBE INC 64,757 96,523
    ADVANCE AUTO PARTS INC 4,781 5,198
    ADVANCED MICRO DEVICES INC 21,823 44,296
    AGILENT TECHNOLOGIES INC 9,007 13,863
    AIR PRODUCTS CHEMICALS INC 21,327 23,770
    AKAMAI TECHNOLOGIES INC 7,525 8,189
    ALASKA AIR GROUP INC 5,819 4,732
    ALBEMARLE CORP 4,954 8,261
    ALEXANDRIA REAL ESTATE EQUITIES INC 7,864 8,911
    ALEXION PHARMACEUTICALS INC 7,866 11,406
    ALIGN TECHNOLOGY INC 4,228 12,291
    ALLIANT ENERGY CORP 5,216 5,256
    ALLSTATE CORP 12,152 13,411
    ALPHABET INC CL C 137,505 190,955
    ALPHABET INC CL A 157,648 213,822
    ALTRIA GROUP INC 38,549 36,408
    AMAZON COM INC 358,675 553,678
    AMEREN CORP 9,533 9,679
    AMERICAN AIRLINES GROUP INC 5,392 6,781
    AMERICAN ELECTRIC POWER 23,413 21,484
    AMERICAN EXPRESS CO 29,585 30,953
    AMERICAN INTERNATIONAL GROUP 16,455 13,289
    AMERICAN TOWER CORP 40,178 37,709
    AMERICAN WATER WORKS CO INC 8,002 9,669
    AMERISOURCEBERGEN CORP 4,128 4,888
    AMERIPRISE FINL INC 5,124 7,773
    AMETEK INC 5,488 7,740
    AMGEN INC 52,103 54,951
    AMPHENOL CORP CL A 10,184 14,777
    ANALOG DEVICES INC 15,274 20,534
    ANSYS INC 4,937 8,731
    ANTHEM INC 26,529 31,467
    APACHE CORP 6,983 4,598
    APPLE INC 434,246 842,183
    APPLIED MATERIALS INC 17,035 30,119
    ARCHER DANIELS MIDLAND CO 7,650 10,183
    ARISTA NETWORKS INC 3,801 4,940
    AUTODESK INC 12,329 23,206
    AUTOMATIC DATA PROCESSING 30,189 33,478
    AUTOZONE INC 12,117 13,040
    AVALONBAY COMMUNITIES INC 11,203 9,305
    AVERY DENNISON CORP 5,559 6,825
    BAKER HUGHES COMPANY 7,173 6,568
    BALL CORP 7,239 9,691
    BANK OF AMERICA CORP 82,531 95,961
    BANK OF NEW YORK MELLON CORP 12,826 13,666
    BAXTER INTERNATIONAL INC 24,305 22,547
    BECTON DICKINSON AND CO 31,042 30,277
    BERKSHIRE HATHAWAY INC CL B 159,065 184,800
    BEST BUY CO INC 5,199 7,983
    BIO RAD LABS INC CL A 5,167 5,829
    BIOGEN, INC 14,732 14,202
    BLACKROCK INC 26,759 41,128
    BOEING CO THE 65,151 44,310
    BOOKING HOLDINGS INC 30,862 37,864
    BORG WARNER INC 4,763 4,907
    BOSTON PPTYS INC 6,330 4,537
    BOSTON SCIENTIFIC CORP 22,777 20,132
    BRISTOL MYERS SQUIBB CO 59,759 64,697
    BROADRIDGE FINANCIAL SOLUTIONS INC 4,973 5,975
    BROADCOM INC 45,079 69,618
    BROWN FORMAN CORP CLASS B 7,015 8,737
    CBOE HOLDINGS INC 5,516 4,284
    CBRE GROUP INC 4,166 5,457
    CDW CORP DE 7,499 6,853
    CF INDUSTRIES HOLDINGS INC 4,890 6,232
    C H ROBINSON WORLDWIDE INC 4,053 4,600
    CIGNA CORP 26,015 32,476
    CME GROUP INC 31,972 28,946
    C M S ENERGY CORP 8,009 7,809
    CSX CORP 21,147 28,314
    CVS HEALTH CORP 33,950 37,087
    CABOT OIL GAS CORP CL A 4,380 4,217
    CADENCE DESIGN SYS INC 5,374 10,369
    CAMPBELL SOUP CO 3,735 3,771
    CAPITAL ONE FINANCIAL CORP 14,112 17,496
    CARDINAL HEALTH INC 4,229 5,195
    CARMAX INC 4,847 4,817
    CARNIVAL CORP 4,721 6,606
    CARRIER GLOBAL CORPORATION COM 8,532 13,541
    CATALENT INC 7,820 9,158
    CATERPILLAR INC 28,244 41,137
    CELANESE CORP SER A 5,502 7,017
    CENTENE CORP 12,898 12,546
    CENTERPOINT ENERGY INC 3,365 4,566
    CENTURYLINK INC 4,089 3,695
    CERNER CORPORATION 7,208 8,162
    CHARTER COMMUNICATIONS INC NEW 27,164 38,370
    CHEVRON CORPORATION 95,868 70,938
    CHIPOTLE MEXICAN GRILL INC 6,650 11,094
    CHURCH AND DWIGHT CO INC 7,309 8,112
    CINCINNATI FINL CORP 8,469 6,553
    CISCO SYSTEMS INC 86,933 81,893
    CINTAS CORP 9,504 12,018
    CITIGROUP INC 50,965 55,432
    CITIZENS FINANCIAL GROUP 4,755 5,149
    CITRIX SYS INC 12,570 11,319
    CLOROX CO 10,205 11,711
    COCA COLA COMPANY 91,363 95,641
    COGNIZANT TECH SOLUTIONS CL A 10,004 13,030
    COLGATE PALMOLIVE CO 23,522 27,192
    COMCAST CORP CLASS A 78,975 94,949
    COMERICA INC 5,826 5,195
    CONAGRA BRANDS, INC 6,627 7,578
    CONCHO RES INC 9,000 8,461
    CONSOLIDATED EDISON INC 15,136 12,792
    CONSTELLATION BRANDS INC A 14,707 16,867
    COOPER COS INC 6,064 6,540
    COPART INC 5,507 7,762
    CORNING INC 9,363 12,024
    CORTEVA INC 9,413 12,545
    COSTCO WHSL CORP 55,552 68,574
    CROWN CASTLE INTL CORP 23,978 24,993
    CUMMINS INC 14,022 19,304
    D R HORTON INC 6,419 8,960
    D T E ENERGY CO 11,031 10,563
    DANAHER CORP 37,974 54,869
    DARDEN RESTAURANTS INC 4,884 7,505
    DEERE CO 18,255 31,479
    DELTA AIR LINES INC 9,884 7,198
    DENTSPLY SIRONA INC 4,881 5,707
    DEVON ENERGY CORP 6,103 10,024
    DEXCOM INC 14,797 13,310
    DIGITAL REALTY TRUST INC 17,418 18,136
    WALT DISNEY CO THE 95,877 132,624
    DISCOVER FINL SVCS 8,960 9,777
    DISH NETWORK CORP CL A 4,749 4,689
    DOLLAR GENERAL CORP 14,972 20,399
    DOLLAR TREE INC 10,013 11,020
    DOMINOS PIZZA INC 7,264 7,286
    DOVER CORP 4,501 6,186
    DOW INC 13,114 17,372
    DUKE REALTY CORPORATION 3,641 4,317
    E O G RES INC 24,196 19,200
    EASTMAN CHEM CO 2,548 5,515
    E BAY INC 12,324 15,176
    ECOLAB INC 19,879 20,987
    EDISON INTERNATIONAL 12,320 11,370
    EDWARDS LIFESCIENCES CORP 18,639 23,172
    ELECTRONIC ARTS INC 11,277 15,365
    EMERSON ELECTRIC CO 15,766 21,459
    ENTERGY CORPORATION 8,854 7,588
    EQUIFAX INC 5,816 7,714
    EQUINIX INC 30,623 33,566
    EQUITY RESIDENTIAL 10,986 8,714
    ESSEX PROPERTY TRUST INC 5,767 4,511
    ETSY INC 5,787 7,650
    EVERGY INC 6,261 5,329
    EVERSOURCE ENERGY 12,140 12,457
    EXELON CORPORATION 17,151 16,255
    EXPEDIA INC 3,203 6,090
    EXPEDITORS INTL WASH INC 4,266 5,611
    EXTRA SPACE STORAGE INC 6,642 6,256
    F M C CORPORATION 4,073 5,517
    FACEBOOK INC CLASS A 187,784 263,599
    FASTENAL CO 8,628 12,500
    FEDERAL RLTY INVT TR SBI NEW 4,785 5,192
    FED EX CORP 13,439 22,068
    FIDELITY NATIONAL INFO SERV 34,144 34,658
    FIFTH THIRD BANCORP 6,544 6,865
    FIRST REPUBLIC BANK SAN FRAN 4,531 7,053
    FISERV INC 22,075 23,797
    FIRST ENERGY CORP 13,300 10,530
    FLEETCOR TECHNOLOGIES INC 8,244 8,458
    FORD MOTOR CO 11,983 13,203
    FORTINET INC 3,759 6,684
    FORTIVE CORP WI 7,505 8,923
    FORTUNE BRANDS HOME & SECURI 5,236 5,829
    FOX CORP CLASS A W I 4,646 4,048
    FRANKLIN RES INC 4,344 4,823
    FREEPORT MCMORAN INC 9,568 26,592
    ARTHUR J GALLAGHER CO 4,976 6,928
    GENERAL DYNAMICS CORP 18,547 15,924
    GENERAL ELECTRIC CO 27,366 37,487
    GENERAL MILLS INC 14,769 15,464
    GENERAL MOTORS CO 15,017 19,987
    GENUINE PARTS COMPANY 5,282 5,825
    GILEAD SCIENCES INC 36,112 30,820
    GLOBAL PAYMENTS INC 20,989 26,066
    GOLDMAN SACHS GROUP INC 27,999 36,392
    GRAINGER W W INC 3,464 5,308
    HCA HEALTHCARE INC 11,515 16,610
    HP INC 12,304 16,721
    HALLIBURTON CO 5,253 5,576
    HARTFORD FINANCIAL SERVICES GRP INC 7,315 6,123
    HASBRO INC 2,807 4,771
    HEALTHPEAK PROPERTIES INC 6,046 5,290
    JACK HENRY ASSOCIATES INC 3,375 3,888
    HERSHEY CO THE 9,659 9,749
    HESS CORP 13,175 11,455
    HEWLETT PACKARD ENTERPRIS CO 7,202 6,636
    HILTON WORLDWIDE HLDGS WI 8,589 10,458
    HOLLYFRONTIER CORP 8,770 6,204
    HOLOGIC INC 4,056 5,899
    HOME DEPOT INC 101,679 118,201
    HONEYWELL INTERNATIONAL INC 46,426 62,108
    HORMEL FOODS CORP 4,110 4,475
    HOST HOTELS RESORTS INC 3,621 4,521
    HUMANA INC 18,133 22,565
    HUNT J B TRANS SVCS INC 4,245 5,876
    HUNTINGTON BANCSHARES INC 4,679 4,799
    HUNTINGTON INGALLS INDUSTRIE 4,886 4,603
    IDEX CORP 4,402 5,777
    IDEXX LABS INC 9,457 15,996
    ILLINOIS TOOL WORKS INC 19,535 25,689
    ILLUMINA INC 17,107 20,720
    INCYTE CORP 4,481 4,784
    INGERSOLL RAND INC 3,496 5,239
    INTEL CORP 88,360 84,395
    INTERCONTINENTAL EXCHANGE IN 20,925 25,479
    INTL BUSINESS MACHINES CORP 47,342 46,827
    INTL FLAVORS FRAGRANCES 3,591 3,592
    INTERNATIONAL PAPER CO 6,514 8,502
    INTERPUBLIC GROUP COS INC 5,790 6,421
    INTUIT INC 27,689 37,225
    INTUITIVE SURGICAL INC 23,925 36,815
    IQVIA HOLDINGS INC 9,182 10,750
    IRON MOUNTAIN INC 4,119 4,039
    J P MORGAN CHASE CO 133,448 158,965
    JACOBS ENGR GROUP INC 4,038 5,121
    JOHNSON JOHNSON 151,244 175,479
    JUNIPER NETWORKS INC 3,759 3,647
    KLA CORPORATION 9,374 15,276
    KANSAS CITY SOUTHERN 5,130 6,532
    KELLOGG CO 9,305 8,774
    KEYCORP 7,726 8,648
    KEYSIGHT TECHNOLOGIES INC 8,144 11,228
    KIMBERLY CLARK CORP 19,995 19,146
    KIMCO REALTY CORP 5,813 4,608
    KINDER MORGAN INC 24,493 18,386
    THE KRAFT HEINZ CO 9,100 11,507
    KROGER CO 8,877 9,719
    LKQ CORPORATION 4,817 5,956
    L3HARRIS TECHNOLOGIES INC 17,531 16,445
    LABORATORY CORP OF AMERICA HOLDINGS 4,970 6,107
    LAM RESEARCH CORP 14,126 27,392
    LAMB WESTON HOLDINGS INC 3,957 4,646
    LAS VEGAS SANDS CORP 7,793 6,854
    LAUDER ESTEE COS INC CL A 17,904 23,691
    LEIDOS HOLDINGS INC 3,240 4,100
    LENNAR CORP CL A 7,259 9,681
    ELI LILLY CO 48,722 63,822
    LOCKHEED MARTIN CORP 39,025 37,273
    LOWES CO INC 34,008 47,832
    M T BANK CORP 6,373 5,474
    MGM RESORTS INTERNATIONAL 6,677 7,373
    MSCI INC 9,289 13,842
    MARATHON OIL CORPORATION 6,428 6,610
    MARKETAXESS HLDGS INC 4,684 6,847
    MARSH MCLENNAN COS INC 21,210 24,102
    MARRIOTT INTL INC 10,797 11,741
    MARTIN MARIETTA MATLS INC 7,891 9,087
    MASCO CORP 4,230 5,932
    MASTERCARD INC 98,809 123,858
    MAXIM INTEGRATED PRODS INC 4,542 6,383
    MCCORMICK CO NON VTG SHRS 5,567 6,501
    MCDONALDS CORP 66,944 67,378
    MCKESSON CORPORATION 10,565 13,218
    MERCK CO INC 96,987 93,906
    METLIFE INC 11,835 14,320
    METTLER TOLEDO INTL INC 5,280 9,117
    MICROSOFT CORP 474,937 662,589
    MICROCHIP TECHNOLOGY INC 10,771 15,745
    MICRON TECHNOLOGY INC 20,842 35,335
    MID-AMER APT CMNTYS INC 4,943 4,941
    MOLSON COORS BEVERAGE COMPANY 7,324 6,553
    MONDELEZ INTERNATIONAL W I 30,354 32,392
    MONSTER BEVERAGE CORP 9,826 13,502
    MOODYS CORP 12,839 16,253
    MORGAN STANLEY 17,971 29,331
    MOSAIC CO THE 7,713 8,675
    MOTOROLA SOLUTIONS INC 11,188 11,564
    NRG ENERGY INC 4,734 4,919
    NASDAQ INC 3,677 4,911
    NATIONAL OILWELL VARCO INC 5,645 3,858
    NETAPP INC 3,977 5,895
    NETFLIX COM INC 67,063 99,494
    NEWELL BRANDS INC 4,764 6,178
    NEXTERA ENERGY INC 47,615 61,720
    NIKE INC 46,826 74,272
    NISOURCE INC 4,489 3,946
    NORFOLK SOUTHN CORP 17,743 23,999
    NORTHERN TRUST CORP 8,330 9,407
    NORTHROP GRUMMAN CORPORATION 21,350 18,283
    NORTONLIFELOCK INC 4,779 4,322
    NUCOR CORP 9,985 12,340
    NVIDIA CORP 60,767 127,417
    O REILLY AUTOMOTIVE INC 9,559 11,314
    OLD DOMINION FGHT LINE INC 3,482 4,880
    OMNICOM GROUP INC 7,229 6,486
    ONEOK INC 6,202 10,938
    ORACLE CORPORATION 42,626 53,499
    OTIS WORLDWIDE CORP 11,963 12,767
    P N C FINANCIAL SERVICES GROUP INC 19,700 23,989
    P P G INDS INC 10,355 13,557
    PPL CORPORATION 11,509 11,421
    PACCAR INC 11,142 14,754
    PACKAGING CORP AMERICA 5,027 6,620
    PARKER HANNIFIN CORP 7,561 12,531
    PAYCHEX INC 9,941 11,834
    PAYCOM SOFTWARE INC 3,756 5,879
    PAYPAL HOLDINGS INC 59,875 110,777
    PEOPLES UNITED FINANCIAL INC 4,692 5,340
    PEPSICO INC 83,754 92,539
    PERKIN ELMER INC 3,895 6,888
    PHILLIPS 66 24,290 23,430
    PINNACLE WEST CAP CORP 6,387 5,437
    PIONEER NATURAL RESOURCES CO 14,178 15,261
    T ROWE PRICE GROUP INC 11,347 15,139
    PRINCIPAL FINANCIAL GROUP INC 4,758 5,011
    PROCTER & GAMBLE CO 123,497 141,645
    PROGRESSIVE CORP 17,647 22,149
    PROLOGIS INC 26,756 30,596
    PRUDENTIAL FINANCIAL INC 16,957 17,175
    PUBLIC SVC ENTERPRISE GROUP INC 14,648 15,158
    PUBLIC STORAGE INC 16,134 15,241
    PULTE GROUP INC 3,721 5,002
    QORVO INC 3,943 5,819
    QUALCOMM INC 38,884 72,057
    QUEST DIAGNOSTICS INC 7,193 7,627
    RAYTHEON TECHNOLOGIES CORP COM 46,051 48,126
    REALTY INCOME CORP 10,948 9,885
    REGENCY CENTERS CORPORATION 5,216 3,647
    REGENERON PHARMACEUTICALS INC 29,000 28,503
    REGIONS FINL CORP 5,857 6,432
    RESMED INC 8,872 11,691
    ROBERT HALF INTL INC 4,767 5,498
    ROCKWELL AUTOMATION INC 9,021 13,293
    ROPER INDS INC 13,597 15,950
    ROSS STORES INC 16,657 21,001
    S P GLOBAL INC 25,891 30,901
    SBA COMMUNICATIONS CORP 11,719 11,567
    SVB FINL GROUP 5,590 8,532
    SALESFORCE COM INC 70,279 90,125
    SCHEIN HENRY INC 5,150 5,015
    SCHLUMBERGER LTD 16,864 17,464
    SCHWAB CHARLES CORP 14,871 21,693
    SEMPRA ENERGY 15,992 14,907
    SERVICENOW INC 26,576 42,383
    SHERWIN WILLIAMS CO 16,735 22,782
    SIMON PROPERTY GROUP INC 9,382 9,466
    SKYWORKS SOLUTIONS INC 3,877 7,644
    SMITH A O CORP 5,468 5,592
    JM SMUCKER CO THE 4,026 4,393
    SNAP ON INC 5,814 6,503
    SOUTHERN CO THE 31,802 33,848
    SOUTHWEST AIRLINES CO 9,632 9,089
    STANLEY BLACK DECKER INC 7,526 10,178
    STARBUCKS CORP 41,618 51,457
    STATE STR CORP 6,284 9,025
    STRYKER CORP 27,454 31,610
    SYNOPSYS INC 8,431 14,517
    SYNCHRONY FINANCIAL 8,094 9,302
    SYSCO CORP 13,346 14,778
    TJX COMPANIES INC 23,570 29,843
    T MOBILE US INC 20,501 30,072
    TAKE-TWO INTERACTIVE SOFTWARE INC 4,852 7,688
    TARGET CORP 26,206 40,778
    TELEFLEX INC 4,723 5,350
    TERADYNE INC 5,760 8,512
    TESLA INC 184,859 187,708
    TEXAS INSTRUMENTS INC 43,168 58,759
    THERMO FISHER SCIENTIFIC INC 51,385 74,991
    3M CO 38,936 43,173
    TIFFANY & CO 3,225 4,732
    TRACTOR SUPPLY COMPANY 3,372 6,045
    TRANSDIGM GROUP INC 10,738 12,996
    TRAVELERS COS INC 14,716 15,721
    TRUIST FINANCIAL CORP 26,142 29,094
    TWITTER INC 12,226 16,570
    TYLER TECHNOLOGIES INC 4,981 6,111
    TYSON FOODS INC CL A 9,580 6,831
    UDR INC 4,591 3,805
    US BANCORP 27,295 28,513
    ULTA BEAUTY, INC 6,738 5,743
    UNION PACIFIC CORP 47,040 58,926
    UNITED AIRLINES HOLDINGS INC 5,048 6,877
    UNITED PARCEL SERVICE CL B 34,227 49,004
    UNITED RENTALS INC 5,623 6,725
    UNITEDHEALTH GROUP INC 102,204 135,012
    UNIVERSAL HLTH SVCS INC 5,878 5,500
    V F CORP 9,550 10,420
    VALERO ENERGY CORP 18,020 14,934
    VENTAS INC 10,131 6,669
    VERISIGN INC 6,352 7,141
    VERIZON COMMUNICATIONS INC 94,547 96,468
    VERISK ANALYTICS INC CL A 7,980 10,587
    VERTEX PHARMACEUTICALS INC 24,837 26,470
    VIACOMCBS INC CLASS B 7,409 11,215
    VIATRIS INC 8,319 10,082
    VISA INC CLASS A SHARES 124,967 149,611
    VONTIER CORPORATION COM 1,289 1,670
    VORNADO REALTY TRUST 4,758 4,854
    VULCAN MATERIALS CO 6,652 6,971
    WEC ENERGY GROUP INC 15,209 14,633
    WABTEC CORP 4,148 4,538
    WALMART INC 65,192 79,571
    WALGREENS BOOTS ALLIANCE INC 15,402 12,801
    WASTE MANAGEMENT INC 21,742 22,171
    WATERS CORP 4,957 5,938
    WELLS FARGO CO 60,556 48,258
    WELLTOWER INC 13,419 11,373
    WEST PHARMACEUTICAL SVCS INC 5,433 6,233
    WESTERN DIGITAL CORP 4,830 4,985
    WESTERN UNION CO 3,758 3,818
    WESTROCK CO 5,767 7,313
    WEYERHAEUSER CO 6,148 8,148
    WHIRLPOOL CORP 5,601 7,400
    WILLIAMS COS INC 15,373 15,017
    WYNN RESORTS LTD 5,773 5,980
    XCEL ENERGY INC 14,392 14,601
    XILINX INC 11,069 14,886
    XYLEM INC 4,736 6,413
    YUM BRANDS INC 12,816 11,833
    ZEBRA TECHNOLOGIES CORP CL A 3,809 5,765
    ZIMMER BIOMET HOLDINGS INC 10,344 11,865
    ZOETIS INC 30,737 39,555
    ALLEGION PLC 4,809 5,237
    AMCOR PLC 5,036 6,509
    AON PLC 18,691 20,282
    ACCENTURE PLC CL A 50,469 67,131
    EATON CORP PLC 14,581 21,625
    EVEREST RE GROUP LTD 5,793 5,384
    IHS MARKIT LTD 8,333 11,947
    INVESCO LTD 5,635 5,996
    JOHNSON CTLS INTL PLC 13,882 15,328
    LINDE PLC 40,416 54,283
    MEDTRONIC PLC 54,120 61,733
    APTIV PLC 9,163 14,462
    SEAGATE TECHNOLOGY 4,365 5,594
    STERIS PLC 5,111 5,876
    TECHNIPFMC PLC 8,705 3,328
    TRANE TECHNOLOGIES PLC 8,911 13,645
    WILLIS TOWERS WATSON PLC 9,061 9,902
    PERRIGO CO PLC 12,147 10,464
    CHUBB LTD 29,880 30,630
    GARMIN LTD 3,638 5,385
    TE CONNECTIVITY LTD 10,737 15,739
    LYONDELLBASELL INDU CL A 8,194 10,449
    ROYAL CARIBBEAN CRUISES LTD 1,891 4,705
    ABB LTD A D R 16,595 25,052
    ACS ACTIVIDADES CONS UNS A D R 10,173 9,409
    AGC INC UNSP A D R 11,338 14,025
    AIA GROUP LTD A D R 59,987 76,348
    A P MOLLER MAERSK A D R 7,327 15,454
    ACCOR SA SPON A D R 9,994 8,374
    ADECCO GROUP AG A D R 10,750 13,308
    ADIDAS AG A D R 31,076 38,794
    ADYEN NV UNSPON A D R 20,433 39,440
    AEGON N V A D R 8,402 8,319
    AGEAS NV A D R 9,582 9,557
    AIR LIQUIDE S A A D R 29,989 39,304
    AIRBUS SE A D R 46,597 36,745
    ELECTROLUX AB SPON A D R 10,582 10,649
    AKZO NOBEL NV SPON A D R 11,031 13,378
    ALFA LAVAL AB A D R 13,107 18,035
    ALLIANZ SE UNSP A D R 45,871 51,247
    ALSTOM SA UNSPON A D R 8,746 11,864
    AMADEUS IT GROUP, S.A. A D R 18,139 18,109
    ANGLO AMERICAN PLC SPON A D R 23,661 36,506
    ANHEUSER BUSCH INBEV NV A D R 42,354 30,970
    ARCELORMITTAL CLASS A N Y REGISTRY 6,021 10,191
    ARKEMA A D R 8,662 11,709
    ASAHI KASEI CORP A D R 11,171 12,916
    ASHTEAD GROUP PLC UNSPON A D R 14,521 25,583
    ASSA ABLOY AB A D R 14,601 16,790
    ASSOC BRIT FOODS UNSP A D R 3,576 4,876
    ASTELLAS PHARMA INC A D R 18,932 21,106
    ASTRAZENECA P L C SPSD A D R 67,885 75,685
    ATLANTIA SPA UNSPONSORED A D R 17,998 16,290
    ATLAS COPCO AB SPONS A D R 9,014 16,192
    ATLAS COPCO AB A D R CL B 4,949 8,777
    ATOS ORIGIN SA UNSP A D R 6,600 7,696
    AUST NZ BANK GRP SPON A D R 43,570 42,700
    AVIVA PLC A D R 16,393 16,635
    AXA SPONS A D R 22,198 22,058
    B A E SYSTEMS P L C A D R 16,827 16,860
    B A S F A G A D R 25,339 30,425
    B H P BILLITON PLC SPON A D R 28,507 35,583
    BP PLC SPON A D R 78,030 43,543
    BNP PARIBAS A D R 24,278 28,526
    BANCO BILBAO VIZCAYA ARGEN A D R 20,504 24,572
    BANCO SANTANDER SA A D R 24,197 18,642
    BARCLAYS PLC A D R 24,027 28,085
    BAYER AG A D R 36,289 29,205
    BAYERISCHE MOTOREN SPON A D R 6,738 8,746
    BEIERSDORF AG UNSPON A D R 10,096 10,013
    B H P BILLITON LIMITED A D R 52,014 70,241
    BOC HONG KONG HLDGS LTD A D R 8,033 7,035
    BRAMBLES LTD SPONSORED A D R 21,453 20,418
    BRENNTAG SE A D R 8,683 14,736
    BRIDGESTONE CORP A D R 23,688 21,156
    BRITISH LAND CO PLC SPON A D R 25,462 23,248
    BURBERRY GROUP PLC A D R 12,921 11,862
    CHR HANSEN HOLDING SPON A D R 7,381 9,106
    CK HUTCHISON HOLDINGS LIMITED A D R 7,964 6,313
    CRH SPON A D R 16,697 21,886
    CSL LIMITED A D R 45,607 63,446
    CANON INC SPONS A D R 30,691 25,388
    CAPGEMINI SE USNPONSOR A D R 15,491 19,855
    CARL ZEISS MEDITEC AG A D R 12,068 12,069
    CARLSBERG AS A D R 18,161 19,792
    CARREFOUR SA SP A D R 8,111 8,266
    CENTRAL JAPAN RAI UNSPON A D R 39,806 28,549
    CLP HOLDINGS SPON A D R 18,969 16,222
    COCA COLA AMATIL LTD SP A D R 23,778 33,173
    COLOPLAST A S A D R 18,372 23,332
    COMMERZBANK AG SPONS A D R 5,135 6,037
    COMMONWEALTH BANK OF AUS A D R 37,983 43,894
    COMPAGNIE DE SAINT UNSP A D R 8,491 10,502
    CIE FINANCIERE RICH UNSP A D R 24,498 27,849
    COMPASS GROUP PLC A D R 34,403 25,473
    CONTINENTAL AG SPON A D R 8,230 9,933
    COVESTRO AG SPONSORED A D R 6,909 9,502
    CREDIT AGRICOLE SA A D R 5,524 5,997
    CREDIT SUISSE GROUP SPON A D R 15,361 17,280
    DBS GROUP HLDGS LTD SPON A D R 36,309 39,166
    DAI NIPPON PRTG LTD JAPAN A D R 10,644 8,881
    DAIKIN INDUSTRIES UNSPON A D R 21,580 38,162
    DAIICHI SANKYO CO LTD A D R 27,528 43,542
    DAIMLER AG UNSPONSORED A D R 17,125 25,211
    DAITO TRUST CONS SPON A D R 28,753 23,104
    DAIWA HOUSE IND A D R 30,326 29,233
    DAIWA SECURITIES GR SPON A D R 11,573 12,058
    DANONE SPON A D R 36,899 27,314
    DASSAULT SYSTEMES SA A D R 16,863 23,829
    DENSO CORPORATION A D R 15,260 21,663
    DEUTSCHE BOERSE AG UNSPON A D R 22,647 25,874
    DEUTSCHE LUFTHANSA SPON A D R 4,717 3,808
    DEUTSCHE TELEKOM AG SPON A D R 23,489 26,163
    DEUTSCHE POST AG A D R 32,482 49,491
    DEUTSCHE WOHNEN SE UNSP ADR A D R 11,795 12,602
    DIAGEO PLC SPONSORED A D R 71,337 67,971
    DSV PANALPINA A S A D R 18,609 32,180
    E N I SPA A D R 30,921 21,527
    E ON AG A D R 14,277 17,132
    EAST JAPAN RAILWAY UNSP A D R 41,303 29,045
    EDENRED SA UNSP ADR 14,178 17,267
    EISAI COMPANY LTD SPON A D R 8,047 11,448
    EDF UNSPON A D R 5,634 7,542
    ENAGAS UNSPON A D R 7,781 7,832
    ENEL SOCIETA A D R 32,690 47,451
    ENGIE A D R 15,255 15,545
    EPIROC AB UNSP A D R 6,756 12,053
    EQUINOR ASA SPON ADR 17,704 17,225
    ERICSSON LM TEL SP A D R 16,949 24,163
    ERSTE GROUP BANK AG A D R 6,118 5,685
    ESSILORLUXOTTICA A D R 24,007 25,428
    EVOLUTION GAMING GROUP AB A D R 4,316 5,152
    EXPERIAN GROUP LTD A D R 23,580 28,926
    FANUC CORPORATION A D R 23,044 33,801
    FAST RETAILING CO UNSPON A D R 23,125 35,045
    FERGUSON NEWCO PLC A D R 16,074 26,969
    FERROVIAL SA UNSPONSORED A D R 8,942 8,997
    FLUTTER ENTERTAINM UNSP ADR 15,025 30,143
    FORTESCUE METALS SPON A D R 7,290 26,850
    FRESENIUS AKTIENGESELLSCHAFT A D R 14,014 17,372
    FRESENIUS SE CO SPN A D R 17,786 17,230
    FUCHS PETROLUB SE PREF A D R 10,197 14,529
    FUJIFILM HOLDINGS A D R 14,089 17,050
    FUJITSU LTD UNSPON A D R 13,692 25,402
    GEA GROUP AG SPON A D R 7,300 10,114
    GALAPAGOS NV SPON A D R 4,021 1,980
    GALP ENERGIA SGPS UNSPON A D R 15,540 11,529
    GEBERIT AG UNSP A D R 11,148 15,450
    GENMAB A S SP A D R 10,663 20,371
    GIVAUDAN SA A D R 23,419 37,169
    GLAXO SMITHKLINE P L C A D R 57,032 51,078
    GLENCORE PLC UNSP A D R 22,420 25,475
    GRIFOLS SA A D R 6,814 5,790
    H LUNDBECK A S SPON A D R 4,517 3,857
    HSBC HOLDINGS PLC SPONS A D R 82,868 58,634
    HANG LUNG PPTYS LTD A D R 24,056 27,446
    HANNOVER RUCKVERSICHERUNGS SE A D R 18,213 17,808
    HEIDELBERGCEMENT A D R 9,381 10,302
    HEINEKEN NV SPON A D R 21,589 22,448
    HENDERSON LD DEV LTD A D R 18,117 18,178
    HENKEL AG COMPANY KGAA SPON A D R 17,846 18,204
    HENKEL AG AND CO KGAA A D R 5,261 5,921
    HENNES MAURITZ AB UNSP A D R 8,707 9,656
    HERMES INTL A D R 14,847 23,354
    HEXAGON AB UNSP A D R 19,426 30,005
    HITACHI LTD A D R 19,910 23,105
    HONDA MOTOR CO LTD A D R 26,340 31,132
    HONGKONG LD HLDGS LTD A D R 9,817 10,193
    HONG KONG EXCHANGES UNSP A D R 21,206 37,880
    HOYA CORP A D R 30,844 52,185
    IBERDROLA S SPON A D R 33,098 46,920
    IMPERIAL BRANDS PLC A D R 22,161 18,308
    INDITEX UNSPON A D R 15,250 16,265
    INFINEON TECHNOLOGIES A D R 13,787 29,953
    I N G GROEP N V SPONSORED A D R 19,354 18,927
    INPEX CORPORATION A D R 15,642 9,787
    INTERCONTINENTAL HOTELS A D R 19,500 19,862
    INTESA SANPAOLO SPON A D R 5,936 6,396
    ITOCHU CORP A D R 19,870 29,390
    J SAINSBURY PLC SPON A D R 9,331 12,044
    JAMES HARDIE INDS PLC SPON A D R 15,132 29,690
    JAPAN AIRLINES CO UNP A D R 15,616 11,208
    JAPAN EXCHANGE GROUP INC A D R 13,557 22,486
    JARDINE MATHESON HLDGS LTD A D R 9,241 9,951
    JULIUS BAER GROUP LTD A D R 10,649 15,571
    KBC GROEP NV UNSP A D R 11,325 13,677
    KAO CORP A D R 29,741 31,281
    KDDI CORP A D R 28,138 32,247
    KERING UNSPON A D R 18,138 26,807
    KINGFISHER PLC SPONS A D R 8,443 13,120
    KNORR BREMSE UNSP A D R 4,867 5,741
    KOMATSU LTD SPONS A D R 16,073 20,790
    KONINKLIJKE AHOLD DELHAIZE NV A D R 18,975 23,116
    KONE OYJ B UNSPON A D R 11,414 15,972
    KONINKLIJKE VOPAK NV A D R 9,964 10,947
    KUBOTA LTD A D R 16,407 25,047
    KYOCERA CORP A D R 16,339 16,830
    LOREAL UNSPON A D R 31,248 44,395
    LVMH MOET HENNESSY A D R 54,243 83,569
    LAFARGEHOLCIM LTD UNSP A D R 14,576 16,650
    LEGAL GEN GROUP SPON A D R 17,249 22,178
    LEGRAND SA UNSP A D R 12,054 15,247
    LINE CORP A D R 4,634 6,919
    LLOYDS BANKING GROUP PLC A D R 21,843 18,030
    LONDON STOCK EXCHG UNSP A D R 30,445 42,201
    LONZA GROUP AG UNSPON A D R 20,309 36,782
    MS D INSURANCE UNSPONS A D R 20,726 19,750
    MACQUARIE GROUP LID A D R 36,143 46,420
    MARUI GROUP CO LTD A D R 9,241 8,571
    MAZDA MOTOR CORP UNSPON A D R 20,255 18,500
    MEDIOBANCA SPA UNSPONSOR A D R 5,259 5,008
    MELCO RESORTS AND ENT LIMITED A D R 7,661 7,012
    MERCK KGAA SPONSORED A D R 5,162 8,283
    MICHELIN CGDE UNSPON A D R 10,545 12,809
    MITSUBISHI ELECTRIC UNSP A D R 18,350 23,157
    MITSUBISHI ESTATE LTD A D R 36,881 31,900
    MITSUBISHI UFJ FINL GRP A D R 32,957 30,509
    MITSUI FUDOSAN UNSPON A D R 35,590 32,677
    MIZUHO FNL GRP A D R 26,061 22,539
    MONOTARO CO LTD UNSP A D R 6,328 12,783
    MOWI ASA SPON ADR A D R 15,315 13,670
    MTU AERO ENGINES UNSPON A D R 5,458 7,939
    MUENCHENER RUECK UNSPON A D R 24,023 29,561
    MURATA MANUFACTUR UNSPON A D R 16,954 36,701
    NN GROUP NV ADR 10,207 12,656
    NATL AUSTRALIA BK SPON A D R 49,972 46,990
    NATIONAL GRID PLC A D R 31,705 36,244
    NATURGY ENERGY GROUP SA A D R 11,299 9,979
    NATWEST GROUP PLC A D R 14,089 13,275
    NESTE OYJ UNSP ADR A D R 11,681 27,171
    NESTLE SA SPONSORED A D R 183,900 195,901
    NEWCREST MINING LTD A D R 18,684 14,849
    NEXON CO LTD A D R 13,083 18,067
    NICE LTD A D R 11,451 21,266
    NIDEC CORPORATION A D R 26,186 47,994
    NINTENDO LTD A D R 27,682 47,265
    NIPPON TELEGRAPH TELE A D R 27,252 29,658
    NISSAN MOTORS SPON A D R 21,992 21,019
    NITTO DENKO CORP UNSPON A D R 12,196 23,599
    NOKIA CORP SPON A D R 15,904 12,105
    NOMURA HOLDINGS INC A D R 11,155 15,308
    NOMURA RESEARCH INS UNSP ADR A D R 9,099 12,061
    NORDEA BANK ABP SPON ADR A D R 11,526 14,957
    NORSK HYDRO A S SPON A D R 4,747 6,756
    NOVARTIS AG A D R 97,900 102,929
    NOVO NORDISK AS A D R 47,673 64,402
    NOVOZYMES A S UNSPONS A D R 7,196 9,702
    OMV AG BEARER SHRS A D R 21,356 17,064
    OCADO GROUP PLC SP A D R 9,846 12,513
    OLYMPUS CORP SPON A D R 4,968 5,723
    OMRON CORP SPONSORED A D R 15,354 28,992
    ONO PHARMACEUTICAL CO A D R 14,041 22,593
    ORANGE SPON A D R 12,755 10,128
    ORIX CORP SPONS A D R 21,446 23,199
    ORKLA ASA SPON A D R 14,530 16,031
    OTSUKA HOLDINGS LTD A D R 16,690 17,744
    PAN PAC INTL HLDGS UNSP A D R 9,907 13,979
    PANASONIC CORP A D R 14,359 21,511
    PANDORA A S SPONSORED A D R 3,797 9,446
    PEARSON P L C A D R 21,521 21,527
    PERNOD RICARD SA UNSPON A D R 25,073 26,193
    PERSIMMON PLC UNSPON A D R 11,194 18,664
    PEUGEOT SA UNSP A D R 8,835 11,102
    PORSCHE AUTOMOBIL HLDG SE A D R 4,619 5,994
    POWER ASSETS HLDGS A D R 15,514 11,586
    PROSUS NV SPON ADR A D R 10,366 16,680
    PRUDENTIAL P L C A D R 35,374 37,927
    PRYSMIAN SPA A D R 6,217 10,603
    PUBLICIS GROUPE A D R 7,755 8,046
    QBE INSURANCE GROUP SPN A D R 5,057 6,129
    RWE AG A D R 11,719 17,273
    RAKUTEN GROUP INC A D R 9,250 9,119
    RANDSTAD NV A D R 4,666 6,344
    RECKITT BENCKISER SPON A D R 33,994 40,879
    RED ELECTRICA COR UNSPON A D R 12,247 12,834
    RELX PLC SPON A D R 28,760 29,641
    RENAULT SA UNSP A D R 8,120 6,181
    RENTOKIL INITIAL PLC SP A D R 7,311 7,761
    REPSOL S A SPON A D R 19,591 13,674
    ROCHE HOLDINGS LTD SPON A D R 107,399 134,896
    ROLLS-ROYCE HOLDINGS PLC A D R 16,057 2,695
    KONINKLIJKE DSM NV A D R 12,310 17,033
    KONINKLIJKE ROYAL KPN NV SP A D R 12,282 12,122
    RYOHIN KEIKAKU CO UNSP A D R 10,168 12,194
    SKF AB SPON A D R 8,346 13,497
    SMC CORP SPON A D R 16,690 28,048
    SSE PLC SPN A D R 19,477 28,692
    SAFRAN SA UNSPON A D R 26,914 26,772
    SAMPO OYJ A A D R 15,013 15,272
    SANDVIK AB A D R 9,378 15,762
    SANOFI A D R 50,036 57,142
    SANTEN PHARMACEUTICAL UN A D R 17,123 16,335
    SAP SE SPON ADR A D R 64,288 70,411
    SCHNEIDER ELECT SE UNSP A D R 22,122 38,996
    SECOM COMPANY LIMITED A D R 19,418 21,529
    SEIKO EPSON A D R 9,302 10,450
    SEVEN & I HLDGS UNSPON A D R 21,292 21,419
    SGS SA A D R 11,572 14,222
    SHIN ETSU CHEM UNSPON A D R 23,716 41,825
    SHIMANO INC A D R 14,511 24,001
    SHISEIDO COMPANY LIMITED A D R 23,546 21,067
    SIEMENS AG A D R 38,495 55,709
    SIEMENS HEALTHINEE UNSP A D R 17,244 20,772
    SMITH NEPHEW PLC SPON A D R 29,307 26,736
    SMITHS GROUP PLC SPON A D R 14,966 16,102
    SMURFIT KAPPA GROUP A D R 6,563 10,267
    SOCIETE GENERALE SPON A D R 9,724 7,954
    SODEXO SPONSORED A D R 19,389 14,475
    SOFTBANK GROUP CORP UNSP A D R 39,663 67,771
    SONIC HEALTHCARE LTD SP A D R 4,124 4,077
    SONY GROUP CORPORATION A D R 42,434 76,432
    SONOVA HOLDING UNSPON A D R 19,069 21,590
    SOUTH32 LTD A D R 24,188 25,409
    SPARK NEW ZEALAND SPON A D R 12,880 16,221
    STMICROELECTRONICS N V 9,569 20,156
    STORA ENSO OYJ A D R 4,629 8,053
    SUBARU CORP UNSPONS A D R 16,301 12,567
    SUEZ SPONSORED ADS A D R 9,287 12,334
    SUMITOMO CHEMICAL CO UNS A D R 18,847 17,225
    SUMITOMO CORPORATION A D R 17,008 15,941
    SUMITOMO MITSUI FINL GROUP A D R 28,319 27,216
    CHUO MITSUI TRUST HOLDINGS INC A D R 16,075 15,572
    SUN HUNG KAI PPTYS LTD SPON A D R 25,889 23,455
    SUNTORY BEVERAGE UNSPON A D R 23,913 19,725
    SVENSKA HANDELSBANKEN A UNSP A D R 8,806 10,054
    SUZUKI MOTOR CORPORATION A D R 11,615 14,575
    SWATCH GROUP AG A D R 7,005 6,895
    SWEDBANK A B A D R 8,627 11,713
    SWEDISH MATCH AB UNSPON A D R 14,027 23,223
    SWIRE PACIFIC SPON A D R 5,631 5,667
    SWISS RE LTD SPON A D R 16,161 15,351
    SWISSCOM A G A D R 10,545 11,449
    SYMRISE AG UNSPON A D R 16,185 23,485
    SYSMEX CORP UNSPON A D R 13,782 26,827
    THK CO LTD 9,167 13,333
    TAISHO PHARMA HOLD UNSP A D R 10,664 12,155
    TAKEDA PHARMACEUTICAL SP A D R 33,298 35,417
    TEAMVIEWER AG UNSP A D R 4,958 5,023
    TECHTRONIC INDUSTRIES SP A D R 10,072 20,480
    TELECOM ITALIA SPA SPON A D R 4,552 4,063
    TELECOM ITALIA SPA SPON A D R 4,550 4,776
    TELEFONICA SA SPON A D R 17,072 9,866
    TELENOR ASA A D R 5,894 4,845
    TELEPERFORMANCE UNSPON A D R 13,173 21,264
    TELIA COMPANY AB A D R 10,687 10,164
    TELSTRA CORP LTD A D R 20,501 19,104
    TEMENOS AG SP A D R 14,252 12,038
    TENARIS SA A D R 17,715 14,802
    TURNA SPA UNSPON A D R 12,403 15,496
    TESCO PLC A D R 22,174 26,805
    TEVA PHARMACEUTICAL INDS LTD A D R 4,636 6,398
    TOKIO MARINE HOLDINGS A D R 24,993 25,684
    TOKYO ELECTRON LTD A D R 19,299 40,617
    TORAY INDUSTRIES INC A D R 12,159 10,273
    TOSHIBA CORPORATION A D R 10,755 10,103
    TOTAL SE A D R 71,891 61,440
    TOYOTA MTR CORP A D R 77,199 91,660
    UBISOFT ENTERTAIN UNSPON A D R 8,275 9,741
    UMICORE UNSPON A D R 5,919 9,318
    UNI CHARM CORPORATION A D R 16,577 26,507
    UNICREDIT SPA A D R 10,854 9,282
    UNILEVER PLC SPONSORED A D R 90,866 91,566
    UNITED OVERSEAS BK LTD SPON A D R 36,293 34,238
    UNITED UTILITIES GROUP A D R 11,535 14,519
    VALEOSA SPON A D R 6,743 9,506
    VEOLIA ENVIRONNEMENT A D R 12,668 12,698
    VESTAS WIND SYSTEM UNSP A D R 8,105 25,347
    VINCI SA A D R 31,516 29,356
    VIVENDI SA UNSPON A D R 14,077 16,146
    VODAFONE GROUP PLC A D R 28,322 25,412
    VOLKSWAGEN A G UNSPON A D R 3,502 4,462
    VOLVO AB B SHS UNSPON A D R 7,319 12,516
    WH GROUP LTD A D R 10,384 9,374
    WM MORRISON A D R 15,453 16,798
    WPP PLC SPON A D R 14,932 13,736
    WESFARMERS LIMITED UNSP A D R 34,869 51,341
    WESTPAC BANKING CORP SP A D R 58,197 45,907
    WOLTERS KLUWER N V SPONSORED A D R 14,529 16,872
    WYNN MACAU LTD UNSPON A D R 7,794 6,480
    YARA INTL A D R 4,993 4,867
    YASKAWA ELEC CORP A D R 13,407 21,249
    Z HOLDINGS CORP 6,578 14,786
    ZALANDO SE UNSPONSORED A D R 11,060 21,043
    ZURICH INSURANCE GROUP A D R 28,209 33,607
    DEUTSCHE BANK AG 9,121 13,669
    COCA COLA EUROREAN PARTNERS 12,328 12,458
    ALCON INC 28,028 31,011
    UBS GROUP AG 22,242 30,083
    LOGITECH INTL SA 20,822 33,336
    CYBERARK SOFTWARE LTD ISRAEL 5,314 7,433
    ELBIT SYSTEMS LTD 4,676 3,924
    ICL GROUP LTD 7,672 7,555
    WIX COM LTD 8,357 14,498
    ASML HOLDING NV NY REG SHS 52,273 118,028
    FERRARI NV 11,058 16,066
    FIAT CHRYSLER AUTOMOBILES NV 6,850 9,552
    QIAGEN N V 9,747 12,367

    TY 2020 InvestmentsOtherSchedule2
    Name:
    THE GREEN FERN FOUNDATION
    EIN:
    46-2692732
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    NOKOTA LCB, LLC (NOKOTA LC, LLC) AT COST 119,072 110,467
    GOLDENTREE SELECT OFFSHORE LTD. AT COST 1,500,000 1,806,611
    HOSEN PRIVATE EQUITY III, L.P. AT COST 247,243 233,708
    ARROWSTREET GLOBAL EQ AT COST 2,300,000 2,843,247
    MAKAIRA INVESTORS AT COST 2,400,000 3,476,978
    CEVIAN CAPITAL II LTD. AT COST 2,500,000 2,733,304
    DAVIDSON KEMPNER INSTIT PARTNERS AT COST 2,300,000 2,636,235
    RENAISSANCE INSTITUTIONAL EQUITIES AT COST 1,050,000 989,118
    PARAMETRIC GLOBAL DEFENSIVE EQUITY AT COST 600,000 682,744
    INDABA CAPITAL PARTNERS (CAYMAN) LP AT COST 1,400,000 1,896,579
    TELEGRAPH HILL PARTNERS IV LP AT COST 430,000 543,861
    SUSTAINABLE ASSET FUND II (CAYMAN) AT COST 495,659 478,069
    PALATINE REAL ESTATE FUND III AT COST 154,200 110,459
    RRG GLOBAL PARTNERS FUND LP AT COST 914,238 1,012,359
    HULL STREET ENERGY PARTNERS I-A, L.P. AT COST 493,013 500,185
    NOKOTA CAPITAL HOLDBACK AT COST 84,784 84,784
    W CAPITAL PARTNERS IV-A AT COST 326,887 492,944
    OBVIOUS VENTURES III, L.P. AT COST 168,000 152,419
    V3 REALTY AT COST 1,400,000 1,475,557
    IRIDIAN PRIVATE BUSINESS VALUE EQUITY AT COST 1,100,000 1,414,905
    INCLUSIVE CAP PARTNERS SPRING INTL (PREV NAMED VALUEACT SPRING INTERNATIONAL AT COST 2,000,000 2,519,308
    OWNERSHIP CAP. GLOBAL EQ AT COST 1,700,000 2,519,077
    HARVEST HOLDBACK AT COST 58,891 58,891
    VALINOR CAPITAL PARTNERS OFFSHORE AT COST 245,000 266,962
    CANYON BALANCED FUND (CAYMAN) AT COST 1,207,654 1,273,483
    VARDE CREDIT PARTNERS OFFSHORE AT COST 1,600,000 1,704,999
    TYBOURNE EQUITY (OFFSHORE) FUND AT COST 1,300,000 1,643,834
    HBK MULTI-STRATEGY OFFSHORE FUND LTD AT COST 2,009,011 2,253,874
    KINGSTOWN PARTNERS OFFSHORE LIMITED AT COST 3,039,734 2,642,622
    WHALE ROCK FLAGSHIP FUND LTD AT COST 1,600,000 2,959,907
    GRAHAM GLOBAL INVESTMENT FUND II AT COST 977,151 1,102,411
    MAVERICK LONG LTD. AT COST 3,159,578 4,581,032
    GQG PARTNERS AT COST 1,815,322 2,289,041
    ARTISAN INTL VALUE FUND INC AT COST 1,827,017 2,774,805
    DFA EMERGING MARKETS VALUE AT COST 5,081,025 5,082,766
    ISHARES CORE MSCI EMERGING MKTS ETF AT COST 4,756,481 6,198,603
    LONGLEAF PARTNERS FUND AT COST 1,178,189 1,220,898
    TWEEDY BROWNE GLOBAL VALUE II CCY AT COST 3,896,591 4,050,419
    VANGUARD FTSE DEVELOPED ETF AT COST 278,075 364,744
    VANGUARD S P 500 ETF AT COST 365,997 418,958
    VANGUARD REAL ESTATE ETF AT COST 2,602,841 2,656,950
    FPA NEW INCOME FUND AT COST 10,863,191 1,104,829
    ISHARES CORE U.S. AGGREGATE BOND ETF AT COST 1,104,826 1,006,506
    VANGUARD TOTAL BOND MARKET INDEX I AT COST 1,000,942 11,726,778
    VANGUARD INFLATION PROTECTED SECS AD AT COST 2,223,790 2,237,947
    FPA CRESCENT PORTFOLIO AT COST 870,215 916,753

    TY 2020 LegalFeesSchedule
    Name:
    THE GREEN FERN FOUNDATION
    EIN:
    46-2692732
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 944 472   472


    TY 2020 OtherExpensesSchedule
    Name:
    THE GREEN FERN FOUNDATION
    EIN:
    46-2692732
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ALUMNA LLC 257,914 0   257,914
    OTHER EXPENSES 612 306   306
    MINNESOTA FILING FEE 25 0   25
    INSURANCE 1,577 1,577   0
    OTHER EXPENSES FROM SCHEDULE K-1'S 0 325,772   0
    PERSHING INVESTMENT FEES 31,064 31,064   0
    CAMBRIDGE ASSOCIATES 321,249 321,249   0
    CALIFORNIA FILING FEE 10 0   10
    US BANK FEES 92,463 90,451   0


    TY 2020 OtherIncomeSchedule2
    Name:
    THE GREEN FERN FOUNDATION
    EIN:
    46-2692732
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    US BANK OTHER INVESTMENT INCOME 1,457 1,457 1,457
    OTHER INVESTMENT INCOME FROM SCHEDULE K-1S   466,818  
    DIVIDENDS FROM FOREIGN CORPORATIONS 0 1,185,412 0
    OTHER INVESTMENT INCOME 59,964 59,964 59,964


    TY 2020 TaxesSchedule
    Name:
    THE GREEN FERN FOUNDATION
    EIN:
    46-2692732
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 2,500 0   0
    US BANK FOREIGN TAXES PAID 66,900 66,900   0
    PERSHING FOREIGN TAXES PAID 3,423 3,423   0
    CA FRANCHISE TAX 1,267 0   0