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
ERWIN S FAIRCHILD AND EDYTHE C FAIRCHILD
TRUST C/O CLIFTONLARSONALLEN LLP

Number and street (or P.O. box number if mail is not delivered to street address)2 ENTERPRISE DRIVE
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
SHELTON, CT064841488

A Employer identification number

06-6044022

B Telephone number (see instructions)

(203) 944-2100

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

$3,703,184J Accounting method: Cash Accrual
Other (specify)
(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	97		97
4	Dividends and interest from securities...	26,534		26,534
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		222,449
b	Gross sales price for all assets on line 6a 3,317,533
7	Capital gain net income (from Part IV, line 2)...			222,449
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).......		267	0
12	Total. Add lines 1 through 11........	249,347		249,080
13	Compensation of officers, directors, trustees, etc.	5,000		1,250	3,750
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........		385	0	385
b	Accounting fees (attach schedule).......		9,100	1,547	7,553
c	Other professional fees (attach schedule)....		29,869	29,869	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		1,078	1,078	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		2,360	0	2,360
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	47,792		33,744	14,048
25	Contributions, gifts, grants paid.......	151,000			151,000
26	Total expenses and disbursements. Add lines 24 and 25	198,792		33,744	165,048
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	50,555
b	Net investment income (if negative, enter -0-)			215,336
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.............	2,576	5,605	5,605
	2	Savings and temporary cash investments.........	454,149	74,132	74,132
	3	Accounts receivable
		Less: allowance for doubtful accounts
	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)
	b	Investments—corporate stock (attach schedule).......	0	987,709	1,115,242
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	2,805,435	2,245,269	2,508,205
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	3,262,160	3,312,715	3,703,184
	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...........	3,262,160	3,312,715
	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).....	3,262,160	3,312,715
	30	Total liabilities and net assets/fund balances (see instructions).	3,262,160	3,312,715

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) ...............

3,262,160

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

50,555

Other increases not included in line 2 (itemize) bullet

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

3,312,715

Decreases not included in line 2 (itemize) bullet

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

3,312,715

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	PUBLICLY TRADED SECURITIES
b	CAPITAL GAINS DIVIDENDS	P
c
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	3,303,669	3,095,084	208,585
b	13,864		13,864
c
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			208,585
b			13,864
c
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	222,449
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	2,993
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	2,993
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	2,993
6	Credits/Payments:

a	2020 estimated tax payments and 2019 overpayment credited to 2020	6a	11,438
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	11,438
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	8,445
11	Enter the amount of line 10 to be: Credited to 2021 estimated tax8,445	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?........

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

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

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

N/A

The books are in care of bullet

GEORGE CHRISTIAN Telephone no. bullet

(203) 913-1857

Located at bullet

11 RED FOX LANETRUMBULLCT ZIP+4 bullet

06611

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

2019, 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.) ..............

Yes

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). Click to see attachment

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-)
GEORGE MYRON CHRISTIAN	TRUSTEE/TREASURER 15.75	5,000
11 RED FOX LANE TRUMBULL,CT06611	TRUSTEE/TREASURER 15.75	5,000
MARY WHATLEY	TRUSTEE/PRESIDENT 0.25	0
674 BOOTH HILL ROAD TRUMBULL,CT06611	TRUSTEE/PRESIDENT 0.25	0
CAROL ONORATO	TRUSTEE/SECRETARY 0.25	0
11 WOODHILL ROAD TRUMBULL,CT06611	TRUSTEE/SECRETARY 0.25	0

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...................				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
NONE

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

Part IX-A

Summary of Direct Charitable Activities

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


2


3


4

Part IX-B

Summary of Program-Related Investments (see instructions)

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


2


All other program-related investments. See instructions.
3

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

Form 990-PF (2020)

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

2,840,761

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

598,927

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

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

3,439,688

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

3,439,688

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

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

51,595

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

3,388,093

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

169,405

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

169,405

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

2,993

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

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

2,993

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

166,412

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

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

166,412

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

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

166,412

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 ..........

165,048

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

165,048

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

165,048

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				166,412
2 Undistributed income, if any, as of the end of 2020:
a Enter amount for 2019 only.......			167,542
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: $ 165,048
a Applied to 2019, but not more than line 2a			165,048
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.....				0
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 .............			2,494
f Undistributed income for 2020. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2021 ..........				166,412
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)

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
FAIRCHILD NICHOLS MEMORIAL LIBRARY ASSOCIATION 1718 HUNTINGTON TURNPIKE TRUMBULL,CT06611		PF	TO SUPPORT AND MAINTAIN TRUMBULL LIBRARY	151,000
Total ................................. 3a				151,000

bApproved for future payment

Total ................................. 3b				0

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 ...........			14	97
4 Dividends and interest from securities....			14	26,534
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.....			18	267
8 Gain or (loss) from sales of assets other than inventory ............			18	222,449
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		249,347	0

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

249,347

(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)

(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)

(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..............

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

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

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:

ERWIN S FAIRCHILD AND EDYTHE C FAIRCHILD

TRUST C/O CLIFTONLARSONALLEN LLP

EIN:

06-6044022

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING FEES	9,100	1,547		7,553

- TIN:

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

TY 2020 ExpenditureResponsibilityStmt

Name:

ERWIN S FAIRCHILD AND EDYTHE C FAIRCHILD

TRUST C/O CLIFTONLARSONALLEN LLP

EIN:

06-6044022

Grantee's Name	Grantee's Address	Grant Date	Grant Amount	Grant Purpose	Amount Expended By Grantee	Any Diversion By Grantee?	Dates of Reports By Grantee	Date of Verification	Results of Verification
FAIRCHILD NICHOLS MEMORIAL LIBRARY ASSOCIATION INC	1718 HUNTINGTON TURNPIKE TRUMBULL,CT06611	2020-07-01	151,000	TO SUPPORT AND MAINTAIN TRUMBULL LIBRARY	0	NONE	REPORT MADE BY GRANTEE ORGANIZATION AT YEAR END		NO VERIFICATION REPORT WERE DUE AS OF THE END OF THE YEAR.

- TIN:

TY 2020 GeneralExplanationAttachment

Name:

ERWIN S FAIRCHILD AND EDYTHE C FAIRCHILD

TRUST C/O CLIFTONLARSONALLEN LLP

EIN:

06-6044022

Identifier	Return Reference	Explanation
MINIMUM INVESTMENT RETURN CALCULATION	990-PF, PART X, LINE 1A AND 1B:	THE FAIR MARKET VALUE OF ASSETS NOT USED DIRECTLY IN CARRYING OUT CHARITABLE ACTIVITIES WAS DETERMINED ON A QUARTERLY, RATHER THAN MONTHLY, BASIS THROUGH SEPTEMBER 2020. MONTHLY BALANCES BECAME AVAILABLE AND WERE USED IN THE CALCULATION FOR OCTOBER THROUGH DECEMBER OF 2020. THE JANUARY THROUGH SEPTEMBER INVESTMENT ACCOUNT STATEMENTS WERE ONLY ISSUED AND RECEIVED ON A QUARTERLY BASIS.

- TIN:

TY 2020 InvestmentsCorpStockSchedule

Name:

ERWIN S FAIRCHILD AND EDYTHE C FAIRCHILD

TRUST C/O CLIFTONLARSONALLEN LLP

EIN:

06-6044022

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ABIOMED INC 1SH	269	324
ADVNCD MICRO D INC 18SH	1,545	1,651
ALIGN TECH INC DEL 3SH	1,366	1,603
ALPHABET INC 23SH	33,988	40,302
AMAZON COM INC 9SH	28,396	29,313
AMETEK INC 94SH	9,892	11,368
AMPHENOL CORP 9SH	1,027	1,177
ANTHEM INC 19SH	5,487	6,101
APPLE INC 276SH	31,728	36,622
ARAMARK SHS 521SH	14,836	20,048
ASML HLDG NV NY REG SHS 4SH	1,505	1,951
AT&T INC 331SH	9,624	9,520
AUTODESK INC DEL PV$0 .01 38SH	8,730	11,603
BALL CORP 201SH	17,158	18,729
BIOMARIN PHARMACEUTICALS 7SH	537	614
BLACKROCK INC 31SH	18,199	22,368
BLACKSTONE GROUP INC 15SH	827	972
BOOKING HLDGS 1SH	1,746	2,227
BOSTON BEER COMPANY INC 1SH	891	994
BRISTOL SQUIBB 161SH	9,381	9,987
BROADCOM LTD 33SH	12,218	14,449
CAPITAL ONE 39SH	3,093	3,855
CARVANA CO 5SH	1,100	1,198
CDW CORP 157SH	19,791	20,691
CHEVRON CORP 140SH	10,340	11,823
CHIPOTLE MEXICAN 2SH	2,568	2,773
CISCO SYSTEMS 158SH	6,405	7,071
CITIGROUP INC 317SH	14,810	19,546
COCA COLA 129SH	6,580	7,075
COGNIZANT TECH SOLUTNS A 11SH	847	902
CONSTELLATION BRANDS 34SH	6,239	7,448
COSTAR GROUP INC 1SH	870	924
COSTCO WHOLESALE CRP DEL 31SH	11,186	11,680
CROWN CASTLE REIT INC 2SH	330	318
CSX CORP 78SH	6,094	7,079
DANAHER CORP DEL 98SH	21,445	21,769
DENTSPLY SIRONA INC 274SH	12,362	14,347
DIAGEO PLC SPSD ADR NEW 106SH	14,785	16,834
DISNEY (WALN CO COM STK 58SH	7,164	10,508
EATON CORP 30SH	3,622	3,605
ELI LILLY & CO 30SH	4,357	5,065
EMERSON ELEC 112SH	7,705	9,001
ENPHASEENERGYINC 5SH	542	877
ENTERGY CORP 56SH	6,002	5,591
EXACT SCIENCES CORP 9SH	1,041	1,191
FACEBOOK INC 14SH	3,694	3,824
FEDEX CORP DELAWARE COM 4SH	1,126	1,038
FIDELITY NATL INFO SVCS 84SH	12,352	11,883
FIFTH THIRD 425SH	9,922	11,717
FISERV INC WISC PV 1 CT 338SH	35,192	38,484
GLOBAL PMTS INC GEORGIA 138SH	24,820	29,728
GODADDY INC SHS 191SH	16,530	15,844
GRUBHUB INC 3SH	222	223
HCA HEALTHCARE 8SH	1,236	1,316
HILTON WORLDWIDE 55SH	5,043	6,119
HONEYWELL INTL INC DEL 67SH	11,439	14,251
INTUITIVE SURGICAL 2SH	1,420	1,636
JOHNSON AND JOHNSON 55SH	8,116	8,655
JPMORGAN CHASE & CO 142SH	14,226	18,044
KINDER MORGAN INC. DEL 984SH	12,720	13,452
LAM RESEARCH CORP 3SH	1,047	1,417
LAUDER ESTEE COS INC A 5SH	1,182	1,330
LULULEMON ATHLETICA 4SH	1,349	1,392
MARKEL CORP 10SH	9,898	10,333
MARKETAXESS HOLDINGS 4SH	1,984	2,282
MARTIN MARIETTA 38SH	9,848	10,791
MASTERCARD INC 5SH	1,725	1,785
MATCH GROUP 12SH	1,401	1,814
MCKESSON CORPORATION 9SH	1,533	1,566
MEDTRONIC PLC 87SH	9,259	10,191
MERCADOLIBRE INC 1SH	1,116	1,675
MERCK AND CO INC SHS 56SH	4,502	4,581
MICROCHIP TECHNOLOGY 70SH	7,649	9,668
MICROSOFT CORP 50SH	30,037	32,028
MODERNA INC 4SH	288	418
MONSTER BEVERAGE 18SH	1,419	1,664
MORGAN STANLEY 19SH	1,064	1,302
MSCI INC 1SH	350	447
NETFLIX COM 2SH	1,031	1,081
NEXTERA ENERGY INC SHS 112SH	8,144	8,641
NORFOLK SOUTHERN 6SH	1,337	1,426
PARKER HANNIFIN 13SH	3,375	3,542
PAYPAL HOLDINGS INC SHS 20SH	3,914	4,684
PEPSICO INC 41SH	5,617	6,080
PINTEREST INC REG SHS 9SH	504	593
QUALCOMM INC 16SH	2,197	2,437
ROCKWELL AUTOMATION 6SH	1,425	1,505
ROPER TECHNOLOGIES 2SH	812	862
ROSS STORES INC COM 242SH	23,459	29,720
ROYAL BANK CANADA PV$1 143SH	10,466	11,733
SCHWAB CHARLES CORP NEW 32SH	1,354	1,697
SERVICENOW INC 1SH	499	550
SHERWIN WILLIAMS 25SH	17,298	18,373
SHOPIFY INC CL A 1SH	1,059	1,132
SNAP INC CL A 57SH	1,866	2,853
SPOTIFY TECH S.A. REG 4SH	966	1,258
SQUARE INC 9SH	1,620	1,959
SS AND C TECHNOLOGIES 10SH	642	728
STERIS PLC REG SHS 81SH	14,816	15,353
SYNOPSYS INC 8SH	1,745	2,074
TARGET CORP 39SH	6,275	6,885
TELEFLEX INC 66SH	22,350	27,164
TESLA INC 8SH	3,365	5,645
TEXAS INSTRUMENTS 55SH	7,954	9,026
THERMO FISHER 81SH	36,338	37,727
TJX COS INC NEW 511SH	29,720	34,896
TRADE (THE) DESK INC SHS 1SH	596	801
TRANSUNION 144SH	13,801	14,288
TRUIST FINL 322SH	13,639	15,434
TWITTER INC 9SH	383	487
UNION PACIFIC 54SH	10,991	11,244
US BANCORP 483SH	18,565	22,503
VEEVA SYS INC 1SH	288	272
VERISK ANALYTICS 54SH	9,836	11,210
VERIZON COMMUNICATNS 157SH	9,386	9,224
VISA INC CL A SHRS 140SH	28,646	30,622
WALMART INC 111SH	15,737	16,001
WHITE MTNS INS GRP LTD 37SH	31,173	37,024
WORKDAY INC CL A 4SH	883	958
ZILLOW GROUP INC SHS 12SH	1,300	1,558

- TIN:

TY 2020 InvestmentsOtherSchedule2

Name:

ERWIN S FAIRCHILD AND EDYTHE C FAIRCHILD

TRUST C/O CLIFTONLARSONALLEN LLP

EIN:

06-6044022

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
ALGER SMALL CAP FOCUS 11543SH	AT COST	326,436	380,573
BLACKROCK HL SC OPP 864SH	AT COST	65,258	67,409
BLACKROCK MID CAP GROWTH 4356SH	AT COST	163,219	191,795
BLACKROCK TECHNOLOGY 4065SH	AT COST	228,494	264,957
BLACKROCK EMERGING 5562SH	AT COST	146,892	177,762
FIRST TRUST CAPITAL 1532SH	AT COST	97,895	103,410
FIRST EAGLE OVERSEAS 2723SH	AT COST	65,270	71,206
ISHARES RUSSELL 1000 282SH	AT COST	60,978	61,907
ISHARES CORE S&P 500 ETF 956SH	AT COST	326,615	358,873
ISHARES EDGE MSCI 3718SH	AT COST	424,627	466,432
JOHN HANCOCK INTL GROWTH 3457SH	AT COST	114,254	127,045
SPDR S&P 500 ETF TRUST 127SH	AT COST	46,994	47,483
VANGUARD GROWTH 496SH	AT COST	114,289	125,657
VANGUARD HIGH DVD YIELD 969SH	AT COST	64,048	63,696

- TIN:

TY 2020 LegalFeesSchedule

Name:

ERWIN S FAIRCHILD AND EDYTHE C FAIRCHILD

TRUST C/O CLIFTONLARSONALLEN LLP

EIN:

06-6044022

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
LEGAL	385	0		385

- TIN:

TY 2020 OtherExpensesSchedule

Name:

ERWIN S FAIRCHILD AND EDYTHE C FAIRCHILD

TRUST C/O CLIFTONLARSONALLEN LLP

EIN:

06-6044022

Description	Revenue and Expenses per Books	Disbursements for Charitable Purposes
SUPPLIES	43	43
INSURANCE	774	774
PROBATE FEE	1,543	1,543

- TIN:

TY 2020 OtherIncomeSchedule2

Name:

ERWIN S FAIRCHILD AND EDYTHE C FAIRCHILD

TRUST C/O CLIFTONLARSONALLEN LLP

EIN:

06-6044022

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
NON-TAXBLE DISTRIBUTION	267	0	267

- TIN:

TY 2020 OtherProfessionalFeesSchedule

Name:

ERWIN S FAIRCHILD AND EDYTHE C FAIRCHILD

TRUST C/O CLIFTONLARSONALLEN LLP

EIN:

06-6044022

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES	29,869	29,869		0

- TIN:

TY 2020 TaxesSchedule

Name:

ERWIN S FAIRCHILD AND EDYTHE C FAIRCHILD

TRUST C/O CLIFTONLARSONALLEN LLP

EIN:

06-6044022

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAX	1,078	1,078		0